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Category: Asia

  • MIL-OSI Global: Debunking 5 myths about when your devices get wet

    Source: The Conversation – USA – By Rachel Plotnick, Associate Professor of Cinema and Media Studies, Indiana University

    Consumer technologies get wet as a regular part of everyday life. Shuvro Mojumder/Unsplash , CC BY-SA

    Nearly everyone has encountered the unthinkable: Your smartphone landed in the toilet. Or you forgot to take off your smartwatch before jumping into the pool. Or maybe you meant to take those earbuds out of your pocket before running the laundry. What now?

    Internet forums are chock-full of advice to dry out that drenched device, but problematic myths about liquid protection and repair make it hard for consumers to separate fact from fiction.

    I’m a researcher who studies how technologies play a part in people’s everyday practices and experiences. My new book, “License to Spill: Where Dry Devices Meet Liquid Lives,” explores the wet-dry boundary in how people perceive and treat their electronic devices.

    Here are five common myths about getting devices wet:

    Myth 1: My device turned back on! It’s fine

    While it’s a relief to see your technology rise from the dead, what you can’t see are subtle processes occurring inside, like corrosion. The breakdown of your device’s metal parts due to moisture often happens over time, in a period that can take place days, weeks or months after the offending incident.

    That’s why even humidity from moist climates or your steamy shower can make a long-term impact, despite the fact that everything booted up right away after a splash or dunk.

    Myth 2: My ‘waterproof’ device can tolerate any kind of wetness

    The term “waterproof” is a controversial one – so controversial, in fact, that the Federal Trade Commission has strict rules about using the term in advertising, once even banning it from ad copy selling wristwatches.

    Given the vagueness of the term, it’s better to examine different water resistance standards, such as ingress protection, or IP, ratings and MIL-SPEC, or ISO in the case of watches, and to read the fine print about what those standards actually cover.

    Myth 3: My device has a great IP rating, so it’s been tested under real-world conditions

    Companies often advertise IP ratings as a way to entice consumers to purchase their products, but it’s important to know that these ratings are based on contact with fresh water. If you’re worried about Jacuzzi suds or that tipped-over can of beer, there’s no guarantee that a manufacturer has tested your device in these – often sticky – situations, and an IP rating won’t account for them.

    Myth 4: I’ve got some rice in the kitchen. I can fix this myself!

    It’s natural to panic and seek out the quickest household solution when a spill or dunk happens, and a cup of rice is still a commonly sought-out option.

    However, the rice hack doesn’t work very well, and rice particles can enter the device to cause even further damage. Aside from bringing your device to a professional repairer, you’re better off immediately powering down your product, removing its battery and plug if you can, and letting all the components dry over a day or two.

    Myth 5: Well, this device is broken, but I’ve got a warranty to replace it

    While you’re pulling your product from its watery grave, you might find relief in the fact that it came with a warranty. Not so fast.

    Most traditional consumer technology limited warranties don’t cover liquid damage. These days, you usually need to purchase an add-on warranty, often called Accidental Damage from Handling. Beware, though: Even those policies may limit how many wetness “incidents” or “events” you’re allowed per year.

    Air flow is the best way to dry a device that’s taken a dunk. Don’t expose your device directly to rice, cat litter or other particles.

    Keeping it realistic

    Water resistance features on devices like laptops, tablets, smartphones and smartwatches have recently improved, but the deck is still often stacked against consumers who must wade through the hype of advertising claims, mystifying classification systems and penalizing policies.

    That’s why it’s critical for manufacturers to think carefully and ethically about how their products are designed, marketed and serviced. In terms of design, water resistance is no longer a niche feature meant solely for industrial workers or outdoor adventurers. While it’s unrealistic to expect a device that’s designed to resist every hazard, it’s also unreasonable to ask consumers to tiptoe around the products that provide them with access to critical resources and social support.

    It’s important for manufacturers to avoid promising consumers the Moon. Samsung Australia, for instance, paid AU$14 million in penalties for exaggerating its phones’ protection for swimming. It’s certainly fun to watch commercials with Lil Wayne spray a smartphone with champagne or see him dunk it in a fish tank, but if manufacturers are advising against these practices, then they shouldn’t be romanticizing them.

    Sure, it’s probably common sense that your phone shouldn’t take a bath in champagne. Yet life is constantly happening around – and with – our devices, from the shower and the kitchen to the gym and the beach. This means that fairer policies around repair, like those promoted by the right-to-repair movement, and warranties should stop treating consumers like they’re “bad” users.

    After all, we’re each just one splash away from crying over spilled milk.

    Rachel Plotnick 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. Debunking 5 myths about when your devices get wet – https://theconversation.com/debunking-5-myths-about-when-your-devices-get-wet-257205

    MIL OSI – Global Reports –

    June 3, 2025

  • MIL-OSI Security: Defense News: USINDOPACOM Commander Travels to Singapore, Speaks at Shangri-La Dialogue

    Source: United States Navy

    SINGAPORE — Adm. Samuel J. Paparo, commander of U.S. Indo-Pacific Command, visited Singapore from May 29 – June 1, 2025, where he met with senior military and government officials to engage with allies and partners, deepen relationships, and discuss global security challenges at the Shangri-La Dialogue. 

    MIL Security OSI –

    June 3, 2025

  • MIL-OSI: CLIK Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, June 02, 2025 (GLOBE NEWSWIRE) — Click Holdings Limited (NASDAQ: CLIK) (“Click”, or the “Company”) announced that, on May 30, 2025, the Company received a letter from the Listing Qualifications staff of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that based on the closing bid price of the Company for the period from April 16, 2025 to May 29, 2025, the Company no longer meets the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of $1 per share.

    The notification has no immediate effect on the listing of the Company’s ordinary shares. Nasdaq has provided the Company with a 180 calendar days compliance period, or until November 26, 2025, in which to regain compliance with Nasdaq continued listing requirement. If, at any time during this compliance period, the closing bid price of the Company’s stock is at least $1.00 per share for a minimum of ten consecutive business days, Nasdaq will confirm compliance, and the matter will be resolved.

    If the Company is unable to regain compliance by November 26, 2025, it may be eligible for additional time. To qualify, the Company will be required to meet continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the bid price requirement and will need to provide written notice of its intention to cure the deficiency during the second compliance period, which may include implementing a reverse stock split, if necessary. However, if it appears that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide notice that the Company’s securities will be subject to delisting.

    The Company is currently evaluating options to regain compliance and intends to timely regain compliance with Nasdaq’s continued listing requirement. The Company will use all reasonable efforts to achieve compliance with Rule 5550(a)(2).

    About Click Holdings Limited

    We are a fast-growing human resources solutions provider based in Hong Kong, aiming to match our client’s human resources shortfall through our proprietary AI-empowered talent pool by one “click”. Our key businesses primarily include nursing solution (mainly seniors) services, logistics solution services and professional solution services.

    For more information, please visit https://clicksc.com.hk. 

    Safe Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC, which are available for review at www.sec.gov.

    For enquiry, please contact:

    Click Holdings Limited
    Unit 709, 7/F., Ocean Centre
    5 Canton Road
    Tsim Sha Tsui, Kowloon
    Hong Kong
    Email: jack.wong@jfy.hk 
    Phone: +852 2691 8200 

    The MIL Network –

    June 3, 2025

  • MIL-OSI: Ambiq Names Jeff Winzeler as Chief Financial Officer

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, June 02, 2025 (GLOBE NEWSWIRE) — Ambiq®, a technology leader in ultra-low-power semiconductor solutions for edge AI, is pleased to announce Jeff Winzeler as Ambiq’s new Chief Financial Officer (CFO).

    Jeff Winzeler brings extensive CFO and COO experience in the semiconductor and renewable energy industries. He has successfully led global finance teams at both private and public startups, including Kandou AI, Everspin Technologies, Avnera, Rackwise, Solar Power Incorporated, and International DisplayWorks.

    Throughout his career living and working in the U.S., Asia, Europe, and the Middle East, Winzeler has raised over $1 billion in equity and debt financing to fuel business growth while managing Finance, Information Technology, Human Relations, Operations, Procurement, and Investor Relations.

    “We are excited to welcome Jeff to Ambiq’s executive team,” says Fumihide Esaka, CEO of Ambiq. “We are confident that his proven track record in successfully leading finance organizations and operations will help Ambiq’s momentum as we enter into the next stage of our company’s growth.”

    “I’m thrilled to join Ambiq at such a pivotal time in the edge AI and ultra-low-power computing space,”  says Jeff Winzeler, CFO of Ambiq. “The company’s innovative technology and strong market position create an exceptional foundation for sustainable growth. I look forward to working with the talented team to maximize financial performance and deliver value to our stakeholders as we scale the business globally.” 

    Ambiq

    Our mission is to enable intelligence (artificial intelligence (AI) and beyond) everywhere by delivering the lowest power semiconductor solutions. We enable our customers to deliver artificial intelligence compute at the edge where power consumption challenges are the most profound. Our technology innovations, built on the patented and proprietary subthreshold power optimized technology (SPOT), fundamentally deliver a multi-fold improvement in power consumption over traditional semiconductor designs. We’ve powered over 270 million devices today. For more information, visit www.ambiq.com.

    Contact

    Charlene Wan 
    VP of Corporate Marketing and Investor Relations 
    cwan@ambiq.com 
    +1.512.879.2850

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ec4d5b10-4442-4b7b-a3a6-cf82b235d66c

    The MIL Network –

    June 3, 2025

  • MIL-OSI United Kingdom: Prime Minister hails trade deal successes for Scotland

    Source: United Kingdom – Executive Government & Departments

    Press release

    Prime Minister hails trade deal successes for Scotland

    From the Highlands to the Borders, Scottish people are set to benefit from the UK’s landmark trade deals with India, US and EU announced in recent weeks.

    • Prime Minister visits historic distillery in Glasgow to discuss trade deal benefits for the Scotch Whisky industry 
    • Follows UK hat trick of trade deals with India, US and EU – improving people’s lives across the country 
    • Deals will help drive growth in Scotland and put more money in the pockets of the hardworking Scottish people

    From the Highlands to the Borders, Scottish people are set to benefit from the UK’s landmark trade deals with India, US and EU announced in recent weeks. 

    The Prime Minister discussed the huge growth opportunities and benefits for Scotland during a visit Clydeside Distillery in Glasgow today. 

    Visit comes after Prime Minister visited BAE Govan this morning to announce the Strategic Defence Review, which will see significant investment in Scotland . More than £2 billion a year is already spent by the Ministry of Defence with industry organisations of all sizes in Scotland, supporting over 25,000 skilled jobs in Scotland. 

    The world-renowned Scotch Whisky industry is set to boom globally – with the Scotch Whisky Association announcing they forecast £1 billion of extra exports in five years, plus 1,200 new jobs thanks to the tariff reductions as part of the UK-India Free Trade Agreement. 

    India is an important market for Scotland, with 457 Scottish businesses exporting a total of £610 million in goods there last year. 

    Under the India trade deal, tariffs have been cut on a range of iconic Scottish goods, from whisky tariffs halved from 150% to 75% and dropping to 40% after 10 years to salmon reduced from 33% to 0%. Iconic Scottish brands like Irn Bru and Scottish shortbread will also see reduced tariffs. 

    Scotland’s thriving life sciences and health tech hubs will be strengthened by IP commitments on areas such as trade secrets and copyright, helping companies export to India with confidence.

    Prime Minister Keir Starmer said:

    Our trade deals with India, US and the EU will slash tariffs on key industries and open markets set to help drive growth in Scotland and put money in the pockets of the hardworking Scottish people, delivering on our Plan for Change. 

    Scotland is home to some of the most world-renowned products, which can now be enjoyed across the globe – all whilst saving Scottish businesses money.  

    That is why we have secured these deals, and why we will continue to go further and faster to improve the lives of everyone in the UK.

    Secretary of State for Scotland Ian Murray said:

    Our trio of trade deals shows we are championing Scottish products and businesses on the global stage. From our world-renowned whisky distilleries to our cutting-edge green energy sector, Scotland has so much to offer international markets. But more importantly as part of our Plan for Change this means more money in people’s pockets.

    By securing better access to the European Union, United States and India, we’re creating real opportunities for Scottish businesses to grow, supporting jobs in communities from the Highlands to the Borders.

    Mark Kent, Chief Executive Officer of the Scotch Whisky Association, said: 

    As the UK’s largest food and drink export to 180 markets worldwide, Scotch Whisky producers welcome the work being done to reduce trade barriers around the world. The landmark UK-India free trade agreement will be transformational for the Scotch Whisky industry over the longer term and has the potential to increase exports to India by £1bn over the next 5 years and creating 1,200 jobs across the UK.

    It’s also constructive to see a potential reduction in the burden on exporters through the UK agreement with the EU. We continue to support the UK government’s efforts to address the issue of tariffs with the US and establish a pathway to return to the zero-for-zero tariff arrangement we have had with the US on spirits for more than 30 years.

    The new agreement with the European Union, the UK’s largest trading market, will directly address challenges faced by Scottish exporters since 2019. The Scottish salmon industry has estimated that between 2019 and 2023, Scottish Salmon export values experienced a net loss of around £75 million. The deal with the EU makes it significantly easier to sell Scottish goods to European markets.

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    Updates to this page

    Published 2 June 2025

    MIL OSI United Kingdom –

    June 3, 2025

  • Wave of anger could sweep liberals to victory in South Korea election

    Source: Government of India

    Source: Government of India (4)

    When then-President Yoon Suk Yeol’s martial law decree plunged South Korea into chaos, it plummeted sales at Park Myung-Ja’s diner in Jechon and became a turning point for many voters in the town.

    The 66-year-old chef and restaurant owner is one face of South Korea’s North Chungcheong Province, a swing region that has become even more pivotal at a time of deep political polarisation in Asia’s fourth-largest economy.

    “We need to get furthest away from all that martial law drama to get things back to where they were,” Park said at her Korean restaurant two hours south of Seoul, adding liberal candidate “Lee Jae-myung looks alright for that”.

    Voters are now looking for the winner of the June 3 snap election to calm the economic and political shocks that have roiled the country since Yoon’s December 3 martial law decree led to months of economic downturn and sparked nationwide protests.

    Park’s Chungcheong Province is a key battleground for Kim Moon-soo, candidate for the conservative People Power Party campaigning on deregulations for companies, and liberal Democratic Party frontrunner Lee, who’s vowing to bring back stability after months of turmoil.

    In swing regions such as North Chungcheong Province, where Jechon is located, the ruling conservative party risks losing a big chunk of its vote base with many voters blaming the martial law debacle for weaker private consumption and easing export momentum.

    Park’s business crashed after Yoon’s declaration with some of her biggest customers who are local council officials cancelling dinner reservations in groups of five to 10.

    “The first call I got on Dec. 4 was from a regular customer who does his year-end dinner here every year. I asked him why he is cancelling it, and he said — ‘don’t you watch news?’”

    Lee, who defied Yoon’s martial law decree, had a 10-percentage point lead over Kim in one of the final opinion polls issued on Tuesday with 45% of voters trusting him to revive the economy compared to 32% for Kim.

    Conservatives have criticised Lee for a series of criminal cases he faces over accusations of election law violations, corruption, and other issues, but they have struggled to unify behind a single candidate and to distance themselves from Yoon.

    On Friday, right-winger Kim said voting for Lee would end up “collapsing our economy”, hoping to sway voters in small cities such as Jecheon, an inland town of about 130,000 surrounded by mountainous tourist spots, who are looking for a turning point to revive South Korea’s fortunes.

    But the martial law call continues to weigh heavily on conservative chances.

    “We definitely had fewer customers, especially from office dinners, after the martial law declaration. It did bite us hard,” said Choi, a Chinese restaurant owner in Pangyo, a town south of Seoul.

    “Lee is someone who will uplift more of us who are not doing so well.”

    HEAVY ON SPECTACLE

    Consumer sentiment, which dropped by the most since the outbreak of COVID-19 in December, recovered to pre-martial-law levels of 101.8 in May, on expectations of a fresh stimulus package under a new leader.

    The shock move rattled markets and put the won among the region’s worst-performing currencies of the last year, hurt business sentiment even before exporters absorbed the full force of U.S. President Donald Trump’s punitive tariff policies.
    Now, the strains are setting in, as economic tailwinds from the semiconductor boom and reforms in the capital markets in the past few years are fading.

    Whoever wins the June 3 election will face an economy that contracted in the first quarter, manage negotiations with Washington to avoid high tariffs, and assuage voters such as Park who are seeing their living standards go backwards from elevated grocery bills and weak spending.

    South Korea’s election campaign has been light on policy and heavy on spectacle after twists and turns involving the main candidates.

    “I wish they had taken housing supply and boosting the domestic market more seriously in their pledges,” said 59-year-old Jung Soo-hyeon. “But perhaps because it’s a snap election, that kind of in-depth consideration seems to be missing — which is a bit disappointing.”

    Analysts say voters watched economic pledges closely as consumption has been badly hit.

    A win for Lee could spur “faster economic growth in the short term,” Kim Jin-wook of Citi Research said.

    The Democratic Party “would likely be relatively more keen on providing policy and support for the mid-to-low-income bracket,” he added.

    While both top candidates have pledged to draft a second supplementary budget for the year as soon as the election is over, Lee has also promised vouchers to help local businesses and subsidies for childcare, youth, and the elderly.

    While Lee has backed away from advocating for universal basic income, some voters including Park, who backed Yoon last time, said they see Lee as most likely to look out for their interests.

    “Lee’s party seems to be willing to give out more to those who are struggling,” Park said, emphasizing that “change” is important.

    (Reuters)

    June 3, 2025

  • MIL-OSI Economics: The Pula depreciated by 2 percent against the South African rand

    Source: Bank of Botswana

    Over the one-month period to May 2025, the Pula depreciated by 2 percent against the South African rand, while it appreciated by 1.8 percent against the SDR. It appreciated by 2.8 percent against the Japanese yen, 2.2 percent against the euro, 1.8 percent against the US dollar, 1.2 percent against the British pound and 0.8 percent against the Chinese renminbi.

    Meanwhile, over the twelve months period to May 2025, the nominal Pula exchange rate depreciated by 2.8 percent against the South African rand and 0.3 percent against the IMF Special Drawing Rights (SDR). With respect to the SDR constituent currencies, the Pula depreciated by 6.2 percent against the Japanese yen, 3.4 percent against the British pound and 2.4 percent against the euro, while it appreciated by 2.3 percent against the US dollar and 1.4 percent against the Chinese renminbi.

    MIL OSI Economics –

    June 3, 2025

  • MIL-OSI Economics: Samsung Solve for Tomorrow 2025: Learn all about Application, Eligibility, Program Structure & More with these FAQs

    Source: Samsung

    The fourth edition of Samsung’s flagship CSR program, Solve For Tomorrow (SFT) 2025, a nationwide education and innovation competition for GenZ, is inviting ambitious innovators to solve real-world issues.
     
    If you too want to apply, then check out these quick FAQs that will help you with your program application.

    What is Samsung Solve for Tomorrow?
    Samsung Solve for Tomorrow is a global CSR initiative present in more than 65 countries. In India, this innovation competition empowers young minds to develop solutions for real-world challenges. Samsung Solve for Tomorrow 2025 is now accepting applications from participants who are keen to solve for challenges in any of the four themes:

    AI for safer, smarter & inclusive Bharat
    Future of health, hygiene & wellbeing in India

    Social Change through Sport & Tech: For Education & Better
    Environmental Sustainability via Technology

     
    Who can participate in the competition?
     
    The competition is open to Indian residents only between 14-22 years of age as on the last day of the competition.
    Individuals or teams of up to three people can apply with an original concept in terms of science and technology or a wholly new product with a social consequence. Without any innovation, new business models may not make it to consideration.
    The team/individual should not have previously obtained funds/awards for the identical proposal from any agency or through other competitions for more than INR five lakhs.
     
    Is there any participation fee?
     
    No, the competition is completely free to enter.
     
    Can I apply for more than one theme?
     
    No, each individual or team is allowed to apply for only one theme. Submitting applications for multiple themes may result in disqualification. Please ensure you carefully select the theme that best aligns with your ides before applying.
     
    What are the key stages of the competition?
     
    The competition consists of multiple stages, and each stage is an elimination stage:

    Application & Idea Submission – Submit your ideas in one of the four themes. Experts from Foundation of Innovation & Technology Transfer (FITT) – IIT Delhi, will review all the applications and 100 teams will be selected to qualify for the next stage. These 100 teams represent 25 teams from each of the theme.
    Top 100 teams – Selected teams receive training from Foundation of Innovation & Technology Transfer (FITT) – IIT Delhi experts and need to submit their video pitches. A panel of experts from Foundation of Innovation & Technology Transfer (FITT) – IIT Delhi, will evaluate the video pitches and 40 shortlisted teams will qualify to the next stage. These 40 teams represent 10 teams from each of the theme.
    Innovation Bootcamp & National Pitch Event for Top 40 teams (semi-finalists) – The Top 40 teams will be invited to an Innovation Bootcamp and will visit Samsung offices in BLR & NCR followed by hands-on training & access to prototyping labs at IIT Delhi. All the Top 40 teams will pitch to a jury panel consisting of experts from Samsung at the National Pitch Event at IIT Delhi. Only 20 teams will be selected to qualify for the last stage. These 20 teams represent 5 teams from each of the theme.
    Grand Finale for Top 20 teams (Finalists) – The Top 20 teams will get 1 on 1 mentoring from Industry experts, IIT Delhi and Samsung to help them prepare for the Grand Finale. At the Grand Finale, the Top 20 teams will get access to prototyping labs at IIT Delhi. The teams will pitch their ideas & prototypes one last time to a grand jury over a period of two days in Delhi NCR. The 4 Winning teams, each representing one theme, will be announced at the end of the Grand Finale in the Awards Ceremony.

     
    Can one participant participate in two different teams?
    No. Please note that any such applications with same participants in each team may lead to disqualification.
     
    Can a school or college apply on the behalf of students?
    No, students must apply individually or as a team with their own registered accounts. In case of minors, parental consent is mandatory to participate in Samsung Solve for Tomorrow 2025.
     
    Can overseas students participate in the competition?
    This competition is open to Indian nationals only.
     
    How do I choose the right theme for my idea?

    AI for safer, smarter & inclusive Bharat – AI-driven solutions improving safety, accessibility and inclusion in India.
    Future of health, hygiene & wellbeing in India – Ideas focused on improving healthcare, nutrition and mental well-being.
    Social Change through Sport & Tech: For Education & Better Futures – to improve education & the way of making a living through Sports and Tech.

    Environmental Sustainability via Technology – Sustainable management approaches to minimize waste and pollution while maximizing reuse, recycling and material regeneration.

     
    Does my idea have to be a working prototype?
     
    No, you can submit a concept or an early-stage idea. All the shortlisted teams will be guided to develop prototypes.
     
    What are the different stages the project can be at?
     

    Idea/Concept – The initial stage where participants identify a problem and propose innovative solutions under the four themes.
    Early Development – The phase where the idea is researched, refined, and a basic plan or model is created.
    Advanced Stage – The solution takes shape with detailed designs, feasibility studies and initial testing.
    Prototype Ready – A functional prototype is developed, demonstrating the solution’s practicality and effectiveness.

     
    Will my idea be made public?
    If your proposal gets selected for further consideration, the issue description and other components will be published on our website, utilized as publicity materials by media partners, and presented at various phases of the program, including the final pitch event. Technical details will be confidential while IP filing is in progress.
     
    How are ideas evaluated, and by whom?
    In the first round, applications will be screened basis their relevance to a social problem, technical feasibility, market potential, and team competence by subject matter experts from the “Foundation of Innovation & Technology Transfer (FITT) – IIT Delhi.” Your idea will fall under examination using the following criteria:

    Innovation and creativity: Uniqueness and originality of the idea
    Impact and Feasibility: Potential to solve real-world challenges.
    Scalability: Ability to expand and benefit a larger audience.
    Technical and Execution capability: Clarity in implementation and development.

    Jury comprising of industry veterans from Samsung and Foundation of Innovation & Technology Transfer (FITT) – IIT Delhi, will screen your ideas in the second, third and fourth rounds.
     
    How will I know if I am successful?
    Samsung will communicate the results to participants through the following channels:

    Official Website: Shortlisted individuals/teams will be announced on the Samsung’s Solve for Tomorrow website for each stage.
    Email Notification: Successful participants will receive direct communications regarding the selection and next steps to the team leads email id.
    Social Media Announcement: Key Competition milestones and winners will be highlighted on the Samsung’s official social media channels.

    Participants are advised to regularly check their emails and the official website for updates.
     
    If I am shortlisted, are there specific dates I need to be available?
    As a part of the competition, shortlisted participants will receive online training covering design thinking, advanced digital masterclasses, and business skills to help them refine their ideas.
    If you progress to Stage 2, you will be required to attend online training sessions on design thinking methodology, digital technologies and mentorship, starting in July 2025.
    For those advancing to Stage 3(Top 40 teams), attendance will be mandatory for Samsung site visits and a residential bootcamp at IIT Delhi in September 2025.
    Finalists (Top 20 teams) moving to Grand Finale will need to be available for additional training sessions on innovation, entrepreneurship, prototyping, intellectual property rights (IPR), and other relevant topics, beginning September 2025.
    Additionally, all finalists must be available to attend the awards ceremony in October 2025.
    Samsung and Foundation of Innovation & Technology Transfer (FITT) – IIT Delhi will provide the exact dates at a later stage.
     
    What activities will be there during the Innovation Bootcamp and National Pitch event?
    The 11-day bootcamp and national pitch event will provide the Top 40 teams with an opportunity to explore Samsung offices and receive specialized training.

    Day 0: Top 40 teams arrive at Bangalore.
    Day 1: Top 40 teams visit Samsung Research Institute Bangalore
    Day 2: Top 40 teams visit Samsung Research Institute Delhi and Noida
    Day 3: Top 40 teams visit Samsung Soutwest Asia Office, Gurugram
    Day 4 to Day 6: Top 40 teams will undergo three days of on-site training at IIT Delhi focused on refining the ideas and identifying effective problem-solving approaches.
    Day 7: Rest day
    Day 8 and Day 9: Top 40 teams get two days of lab access to further develop and enhance their prototypes.
    Day 10 and Day 11: Top 40 teams pitch their ideas to the Jury members from Samsung and Foundation of Innovation & Technology Transfer (FITT) – IIT Delhi.
    Day 12: Participants return to their respective home locations.

     
    Who will bear the travel and accommodation cost for the boot camp?
    Samsung will take care of your accommodation and travel requirements (Selected teams will receive all the details and guidelines). For participants below 18, Samsung will provide accommodation & travel for a parent/guardian.
     
    What to expect at Grand Finale?
     
    Prototyping Day at IIT Delhi (1 day):
     

    Finalists will have a dedicated day to refine and enhance their prototypes before the finale at IIT-Delhi.
    Access to the prototyping labs will be provided to all the Top 20 teams.

    Grand Finale in Delhi-NCR (2 days):

    Final presentations and pitches to a panel of industry leaders and experts.
    Evaluation based on innovation, feasibility, and impact.
    Networking opportunities with Samsung and Foundation of Innovation & Technology Transfer (FITT) – IIT Delhi, investors and other dignitaries.
    Investor Meet-up on day 1 of Grand finale.
    Announcement of winners and award ceremony on day 2 of the Grand Finale.

    Will Samsung or Foundation of Innovation & Technology Transfer (FITT) – IIT Delhi own my idea?
    No, you will be the sole owner of the concept and the intellectual property. The role of Samsung and Foundation of Innovation & Technology Transfer (FITT) – IIT Delhi will be to assist you only in developing it.
    Will the competition provide incubation support for the selected teams?
    Yes, the 4 winning teams will be provided incubation at IIT Delhi and funding of INR 1 Crore to further develop and scale their ideas. This includes mentorship from industry experts, guidance on business strategies, and access to resources that can assist in turning innovative concepts into viable solutions.
    Participants will receive mentorship from experienced professionals in fields such as technology, business strategy, design thinking and entrepreneurship. The support will help refine their solutions and prepare them for real-world implementation.
    Are there any grants or financial awards for winners?
    Yes, the competition offers financial support at different stages to help teams enhance their projects:
    Funding for Shortlisted Teams:

    Top 40 Teams: Each team will receive INR 20,000 to further develop their project.
    Top 20 Teams: Each team will receive INR 100,000 enhance their prototype and project.

    Grant Prize for Winners:
     

    Winning 4 teams: A total grant of INR 1 Crore will be awarded across the winners.
    The winning teams will also receive incubation support at FITT, IIT Delhi to refine their project and make it market-ready.

     
    Special awards:
    In addition to the main grants, four special awards will be given:
     

    Social Media Champion Award – INR 50,000
    Awarded to one team from the Top 20 for the highest number of posts and engagement across social media platforms (e.g. Facebook, LinekdIn, and Instagram)
    Goodwill Award / Audience Choice ward – INR 100,000 each

    Two teams from the top 20 will receive INR 100,000 each, based on maximum audience votes during the Grand Finale.

    Young Innovators Award / Women in Innovation Award – INR 100,000 each

    The jury for their outstanding innovation and contribution will select two teams from the Top 20. Each team will receive INR 100,000.
     
    Where can I read the competition Terms & Conditions?
    You can read the full terms and conditions and privacy notice for Solve for Tomorrow 2025 here.
     
    My question is not answered here
    Contact us at solvefortomorrow@samsung.com if you have any further queries or require assistance.
     
     

    MIL OSI Economics –

    June 3, 2025

  • MIL-OSI Economics: ADB President Signals Bigger Singapore Presence in Talks with Prime Minister

    Source: Asia Development Bank

    ADB President Masato Kanda met Prime Minister Lawrence Wong in Singapore today, where he set out plans to double the size of ADB’s Singapore office. He also reaffirmed the bank’s $10 billion pledge to help finance the ASEAN Power Grid and underscored the importance of deeper regional cooperation as Singapore prepares to assume the ASEAN chair in 2027.

    MIL OSI Economics –

    June 3, 2025

  • India manufacturing PMI stands at 57.6 in May: HSBC

    Source: Government of India

    Source: Government of India (4)

    India’s manufacturing sector maintained strong momentum in May, with the HSBC India Manufacturing Purchasing Managers’ Index (PMI) posting a reading of 57.6, according to data released Monday. While slightly below April’s 58.2, the index remained comfortably above the neutral 50 mark, indicating sustained growth.
     
    The PMI data, compiled by S&P Global, signalled another robust month for the sector.
     
    “India’s May manufacturing PMI signalled another month of robust growth in the sector,” said Pranjul Bhandari, Chief India Economist at HSBC. “The acceleration in employment growth to a new peak is certainly a positive development. Input cost inflation is picking up, but manufacturers seem to be mitigating pressure on margins by raising output prices.”
     
    The expansion was driven by strong domestic and overseas demand, along with effective marketing efforts that pushed export orders to one of their highest levels in the past three years. Firms reported increasing interest from key global markets, including Asia, Europe, West Asia, and the United States.
     
    A key highlight of May’s performance was record-high job creation since the PMI survey’s inception. Manufacturers focused on strengthening their permanent workforce, enabling smoother operations and better workload management.
     
    This trend offers a boost to India’s young workforce and underlines continued investment in the sector’s long-term prospects.
     
    Input costs rose moderately, with increases in items such as aluminium, cement, iron, leather, rubber, and sand, along with higher freight and labour charges. In response, manufacturers raised selling prices at a strong pace to safeguard profit margins.
     
    Despite inflationary pressures, business confidence remained high, supported by rising customer enquiries, successful advertising campaigns, and a favourable domestic environment. Manufacturers expressed optimism about growth prospects in the coming year.
     
    Adding to the positive outlook, India’s industrial production grew by 2.7 per cent in April 2025, according to the Ministry of Statistics. The manufacturing sector alone expanded by 3.4 per cent, with 16 out of 23 industry groups reporting positive output.
     
    –IANS
    June 3, 2025

  • Markets bounce back after early slump, end slightly lower

    Source: Government of India

    Source: Government of India (4)

    Indian stock markets recovered sharply from early losses on Monday, displaying resilience despite global headwinds. Both benchmark indices ended the session marginally lower.
     
    The Sensex closed at 81,374, down by 77 points or 0.09 per cent, after rebounding 719 points from the day’s low of 80,654. Similarly, the Nifty settled at 24,717, slipping 34 points or 0.14 per cent, recovering from an intraday low of 24,526.
     
    Investor sentiment was initially dampened by the announcement from US President Donald Trump regarding a steep hike in tariffs on steel imports, increasing from 25 per cent to 50 per cent, effective June 4.
     
    Adding to the cautious mood were rising geopolitical tensions between Russia and Ukraine, volatile foreign investment flows, and uncertainty ahead of the Reserve Bank of India’s monetary policy decision later this week.
     
    Despite a weak opening, select heavyweight buying limited the downside. Notable gainers included Adani Ports, Mahindra & Mahindra, Zomato (Eternal), PowerGrid, Hindustan Unilever, Bajaj Finserv, ITC, ICICI Bank, Asian Paints, and Nestle India, which rose between 0.4 per cent and 2 per cent.
     
    In the broader market, the Nifty MidCap and Nifty SmallCap indices outperformed, rising 0.62 per cent and 1.1 per cent, respectively.
     
    Sector-wise, Nifty IT and Nifty Metal indices were the biggest laggards, falling 0.7 per cent on concerns over US tariff hikes. In contrast, Nifty Realty and Nifty PSU Bank indices led the gains, each advancing over 2 per cent.
     
    “The domestic market continued its consolidation phase for the third consecutive week, influenced by renewed concerns over a potential tariff war and escalating geopolitical tensions,” said Vinod Nair, Head of Research at Geojit Financial Services.
     
    “While global uncertainties have made investors more risk-averse, the Indian market has shown resilience, supported by strong institutional inflows and sectoral strength in FMCG, real estate, and financials,” he added.
     
    Nair noted that investors are currently adopting a cautious short-term strategy, favouring domestically-driven and interest-sensitive sectors.
     
    –IANS
    June 3, 2025

  • UPI transactions see 23% rise at Rs 25.14 lakh crore in May

    Source: Government of India

    Source: Government of India (4)

    The Unified Payments Interface (UPI) recorded a strong rebound in May, processing 18.68 billion transactions, up from 17.89 billion in April, according to data released by the National Payments Corporation of India (NPCI).
     
    This marks a 33 per cent year-on-year (YoY) growth compared to 14.03 billion transactions in May 2023.
     
    In terms of value, UPI transactions surged to ₹25.14 lakh crore in May 2025 — a 5 per cent rise over April’s ₹23.95 lakh crore and a 23 per cent increase from ₹20.45 lakh crore in the same month last year.
     
    The average daily transaction volume stood at 602 million, while the average daily transaction value reached ₹81,106 crore.
     
    UPI continues to cement its dominance in India’s digital payments ecosystem, with its share in total transaction volume rising to 83.7 per cent in FY25, up from 79.7 per cent in FY24.
     
    According to the Reserve Bank of India (RBI), UPI processed 185.8 billion transactions in 2024–25, marking a 41 per cent YoY growth. In value terms, UPI payments climbed to ₹261 lakh crore, compared to ₹200 lakh crore in the previous fiscal year.
     
    “The success of UPI has positioned India as a global leader, accounting for 48.5 per cent of global real-time payments by volume,” the RBI noted in its annual report.
     
    Overall, digital payments in India — encompassing UPI, card networks, prepaid instruments, and other systems — grew 35 per cent to 221.9 billion transactions in FY25. The value of these payments rose by 17.97 per cent to ₹2,862 lakh crore.
     
    Looking ahead, the RBI reiterated its commitment to expanding UPI’s global footprint, aiming to enable UPI services in 20 countries by 2028–29. UPI apps are already accepted via QR codes in Bhutan, France, Mauritius, Nepal, Singapore, Sri Lanka, and the UAE, allowing Indian travellers to make merchant payments abroad using domestic UPI platforms.
     
    —IANS
    June 3, 2025

  • Russia and Ukraine to hold more peace talks after Kyiv hits nuclear-capable bombers

    Source: Government of India

    Source: Government of India (4)

    Russian and Ukrainian officials are due to sit down on Monday in Istanbul for their second round of direct peace talks since 2022 with no sign they are any closer to an agreement, one day after Kyiv struck some of Moscow’s nuclear-capable bombers.

    The two sides are expected to discuss their respective ideas for what a full ceasefire and a longer term path to peace should look like, amid stark disagreements and pressure from U.S. President Donald Trump, who has threatened to walk away from talks.

    Vladimir Medinsky, the head of Moscow’s delegation, said that Russia had received Ukraine’s draft memorandum for a peace accord ahead of the talks. There was no word on whether Kyiv had received Russia’s draft. Ukrainian Defence Minister Rustem Umerov will head the Ukrainian delegation.

    Their last round of talks in Istanbul on May 16 yielded the biggest prisoner swap of the war with each side freeing 1,000 prisoners, but no sign of peace – or even a ceasefire as both sides merely stated their opening negotiating positions.

    Kyiv regards Russia’s approach to date as an attempt to force it to capitulate – something it says it will never do – and Moscow, which advanced on the battlefield in May at its fastest rate in six months, says Ukraine should submit to peace on Russian terms or face losing more territory.

    Ukrainian President Volodymyr Zelenskiy, speaking in Lithuania on Monday, said ceasefire and humanitarian issues, such as returning more prisoners, from Russia would be a priority for Kyiv at the Istanbul talks.

    Kyiv has said Zelenskiy and Russian President Vladimir Putin should hold direct talks when the time is right.

    Amid low expectations of a breakthrough, a Ukrainian source told Reuters ahead of Monday’s talks that Kyiv was ready to take real steps towards peace if Moscow showed flexibility and what they described as a readiness to “move forward, not just repeat the same previous ultimatums”.

    Ukrainian officials met with officials from Germany, Italy and Britain ahead of the talks to coordinate their positions.

    GRIM MOOD

    The mood in Russia before the talks was grim with influential war bloggers calling on Moscow to deliver a fearsome retaliatory blow against Kyiv after Ukraine on Sunday launched one of its most ambitious attacks of the war, targeting Russian nuclear-capable long-range bombers in Siberia and elsewhere.

    Ukraine’s air force said Russia had launched 472 drones at Ukraine, the highest nightly total of the war.

    Trump envoy Keith Kellogg has indicated that the U.S. will be involved in the talks and that representatives from Britain, France and Germany will be present too, though it was not clear at what level the United States would be represented.

    Turkish Foreign Minister Hakan Fidan was due to chair the talks, which are expected to get underway at 1000 GMT.

    The idea of direct talks was first proposed by Putin after Ukraine and European powers demanded that he agree to a ceasefire which the Kremlin dismissed.

    Last June Putin set out his opening terms for an immediate end to the war: Ukraine must drop its NATO ambitions and withdraw all of its troops from the entirety of the territory of four Ukrainian regions claimed and mostly controlled by Russia.

    According to a proposed roadmap that will be presented by Ukrainian negotiators in Istanbul, a copy of which was seen by Reuters, Kyiv wants no restrictions on its military strength after any peace deal, no international recognition of Russian sovereignty over parts of Ukraine taken by Moscow’s forces, and wants reparations.

    The document stated that the current location of the front line will be the starting point for negotiations about territory.
    Russia currently controls just under one fifth of Ukraine, or about 113,100 square km, about the same size as the U.S. state of Ohio.

    Putin ordered tens of thousands of troops to invade Ukraine in February 2022 after eight years of fighting in eastern Ukraine between Russian-backed separatists and Ukrainian troops. The United States says over 1.2 million people have been killed and injured in the war since 2022.

    Trump has called Putin “crazy” and berated Zelenskiy in public in the Oval Office, but the U.S. president has also said that he thinks peace is achievable and that if Putin delays then he could impose tough sanctions on Russia.

    (Reuters)

    June 3, 2025

  • Mizoram schools shut for third day due to rain

    Source: Government of India

    Source: Government of India (4)

    All the government and private schools in Mizoram remained closed on Monday due to heavy rains that triggered landslides, rockfalls, and waterlogging in different parts of the mountainous state, officials said.

    A senior official of the School Education Department said that Deputy Commissioners of all 11 districts issued separate notifications closing the schools on Monday as a precautionary measure to ensure the safety of the students.

    After the beginning of the current spell of heavy rain, earlier, schools were closed across the state for two days on May 29 and May 30.

    However, there was no rain in the state capital, Aizawl, till Monday afternoon.

    Aizawl District Deputy Commissioner Lalhriatpuia, in a notification, said that due to torrential rainfall in the past few days, which resulted in mudflows, landslides, rockfalls and other calamities at various locations within the district, the district authority deems it appropriate to suspend attendance of school-going students for their safety and well-being. This decision has been arrived at after perusing the Indian Meteorological Department (IMD) district-wise warning for June 2 (Monday) and appropriate consultation with relevant stakeholders of the Aizawl District Disaster Management Authority (ADDMA).

    Mizoram Chief Minister Lalduhoma on Sunday held a review meeting with the ministers concerned and senior officials.

    According to a preliminary report of the Disaster Management and Rehabilitation (DMR) Department, 60 houses have collapsed and 69 families have been evacuated from their houses due to the risk of collapse.

    A total of 211 landslides have been reported in different parts of the state till Sunday evening, highways blocked at 83 locations, and four retaining walls have collapsed, the report said. Additionally, rising water levels in riverside habitation areas were reported.

    All the Deputy Commissioners also submitted detailed status reports from their respective districts.

    During Sunday’s meeting, the Chief Minister expressed his gratitude to all those working tirelessly across the state, including first responders, support teams, and personnel involved in evacuation and relief operations. He lauded the resilience of the Mizo people and urged continued support for affected individuals and families.

    A key priority highlighted in the meeting was ensuring that access to district headquarters and the airport remains uninterrupted by keeping essential roads operational.

    Lalduhoma also directed that adequate funds be allocated to all District Disaster Management Authorities (DDMAs) and that relief funds for victims be released at the earliest. It was resolved that disaster-affected areas must be continuously monitored under the supervision of the Department of Disaster Management and Rehabilitation (DM&R). Comprehensive and timely reports are to be submitted to the central government to ensure proper coordination and response.

    The meeting was attended by Home Minister K. Sapdanga, PWD Minister Vanlalhlana, DM&R Minister Prof. Lalnilawma, Public Health Engineering Minister F. Rodingliana, and several senior government officials.

    (IANS)

    June 3, 2025

  • Indian delegation reaffirms anti-terror stance during Liberia visit

    Source: Government of India

    Source: Government of India (4)

    An all-party Indian parliamentary delegation led by Shiv Sena MP Shrikant Eknath Shinde is on a three-day visit to Liberia as part of India’s global outreach to reinforce its message of zero tolerance towards terrorism.

    According to a statement issued by the Indian Embassy in Monrovia, the delegation met with members of the Indian community in Liberia on Sunday, emphasizing India’s firm commitment to combat terrorism in all its forms.

    “The delegation members conveyed the collective will of India to fight terrorism in all its forms and manifestations and the support received from the international community in this endeavor. They also appreciated the diaspora’s role in strengthening India’s friendship with Liberia,” the statement said.

    The delegation was welcomed upon arrival in Monrovia on Saturday by Ambassador of India to Liberia Manoj Bihari Verma, Representative and Chairman of the Executive Committee Sekou S. Kanneh, Prince A. Toles of the Liberian House of Representatives, and members of the Indian community.

    As part of their visit, the delegation paid floral tributes at the grave of former Liberian President William V.S. Tubman, widely revered as the ‘Father of Modern Liberia.’ They also visited the National Museum, which stands as a symbol of Liberia’s resilience and cultural heritage.

    June 3, 2025

  • Supriya Sule-led delegation concludes Ethiopia visit, conveys India’s stand against terrorism

    Source: Government of India

    Source: Government of India (4)

    An all-party Indian Parliamentary delegation led by NCP MP Supriya Sule concluded its official visit to Ethiopia on Sunday, as part of India’s diplomatic outreach to reinforce its zero-tolerance policy on cross-border terrorism.

    During the visit, the delegation engaged with Ethiopian dignitaries, media, academia, civil society representatives, think tanks, and the Indian diaspora, briefing them on the aftermath of the April 22 terror attack in Pahalgam and the subsequent military response under Operation Sindoor.

    The delegation described Operation Sindoor as a calibrated, targeted, and proportionate response, demonstrating India’s resolve to counter terrorism decisively without escalating regional tensions.

    Highlighting India’s long-standing challenges with cross-border terrorism, the MPs stressed the urgency of identifying and holding accountable not just the perpetrators of terror but also their supporters, enablers, and those who offer moral or material backing. They noted that India has begun dismantling the terrorist infrastructure that has operated across its borders for decades.

    The Ethiopian side, in turn, reaffirmed its own zero-tolerance stance on terrorism and expressed strong solidarity with India in the wake of the Pahalgam attack. The delegation thanked the Ethiopian leadership for its unequivocal support.

    During interactions with the media and civil society, the delegation provided detailed briefings on India’s position and their engagements in Ethiopia, while also responding to questions on regional and global developments.

    Addressing members of the Indian community in Ethiopia, the delegation praised them for upholding the values of tolerance, unity, and pluralism, and for resisting efforts aimed at destabilizing India’s social fabric.

    Many Ethiopian nationals who had studied in India and now hold key positions in public life also expressed their support for India’s counter-terrorism measures.

    June 3, 2025

  • PM Modi appreciates Paraguay President Peña’s condemnation of Pahalgam terror attack

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi held wide-ranging bilateral talks with Paraguayan President Santiago Peña Palacios at Hyderabad House in New Delhi on Monday, marking a key moment in India–Paraguay relations. The discussions focused on expanding cooperation across sectors including trade, defence, infrastructure, healthcare, and critical technologies.
     
    Prime Minister Modi began by expressing deep appreciation to Paraguay for its strong condemnation of the April 22 terrorist attack in Pahalgam, Jammu and Kashmir, and the solidarity shown with India.
     
    “President Peña’s visit comes shortly after the heinous attack in Pahalgam. I thank him and the people of Paraguay for their heartfelt condolences and support,” PM Modi said during the talks.
     
    P. Kumaran, Secretary (East) at the Ministry of External Affairs, said in a press briefing that both leaders unequivocally condemned terrorism and violent extremism in all its forms, reinforcing a shared commitment to global peace and security.
     
    President Peña, making his first visit to India, is on a State Visit from June 2 to 4. It marks only the second visit by a Paraguayan President to India—the previous one having taken place in 2012. He is accompanied by a high-level delegation that includes ministers, parliamentarians, provincial governors, and senior officials.
     
    During the talks, the two sides explored avenues to strengthen ties in key areas such as digital technology, pharmaceuticals, energy, mining, agriculture, defence, railways, and space cooperation. They also discussed enhancing trade under the existing Preferential Trade Agreement between India and MERCOSUR, the South American trade bloc of which Paraguay is a member.
     
    “India and Paraguay are both important voices of the Global South. We share similar aspirations and challenges. There is immense potential for growth through collaboration in emerging sectors,” said PM Modi.
     
    He further highlighted opportunities to deepen cooperation in tackling cybercrime, organized crime, and drug trafficking.
     
    Upon arrival in New Delhi, President Peña was given a ceremonial Guard of Honour at the Air Force Station in Palam. He later met with External Affairs Minister S. Jaishankar, who said the visit would open new pathways for India’s engagement with Paraguay and the broader Latin American region.
     
    “Appreciate President Peña’s positive sentiments and guidance. Confident his discussions with PM Modi will deepen our cooperation across multiple domains,” Jaishankar posted on X.
     
    The Paraguayan leader also paid floral tribute to Mahatma Gandhi at Rajghat and is scheduled to call on President Droupadi Murmu, who will host a state banquet in his honour.
     
    Paraguay has emerged as a strategic trade partner for India in Latin America. Indian pharmaceutical and automobile companies have established a presence in Paraguay, while Paraguayan firms are increasingly exploring joint ventures in India.
     
    As part of his itinerary, President Peña will travel to Mumbai on Tuesday, where he will meet political leaders, industry representatives, startups, and technology experts, signalling a growing focus on economic and innovation-driven cooperation.
     
    — IANS
    June 3, 2025

  • MIL-OSI Asia-Pac: CHP investigates sporadic case of Shiga toxin-producing Escherichia coli infection

    Source: Hong Kong Government special administrative region

    CHP investigates sporadic case of Shiga toxin-producing Escherichia coli infection 
    The case involves a 59-year-old man with good past health who attended the Accident and Emergency Department of Tseung Kwan O Hospital on April 28 due to an acute neurological condition, and was transferred to the neurosurgery ward of Kwong Wah Hospital (KWH) for hospitalisation on the same day. He developed bloody diarrhoea on May 9, and this symptom has been resolving since May 12 after treatment. He remains hospitalised for his acute neurological condition and is now in stable condition. His household contact is asymptomatic.
     
    His stool sample tested positive for STEC.
     
         A preliminary investigation by the CHP revealed that the patient had consumed food in the community during the early stage of the incubation period, including patronising restaurants and consuming takeaway food at home. The CHP obtained detailed information from his household member about the food he consumed at home and the cooking process. No high-risk factors were identified. However, the patient could not provide any information on the restaurants he had patronised due to his current health condition. Since the patient was hospitalised during part of the incubation period, CHP staff, for the sake of prudence, visited KWH to investigate and identify the source of the infection.
     
    The other patients who had been hospitalised in the same ward as the patient in question and the medical staff working in the ward were asymptomatic. Arrangements have been made to test stool samples from other patients hospitalised in the same ward and from the healthcare workers responsible for feeding the patient.
     
    The CHP also took environmental samples and samples of the nutritional products consumed by the patient concerned during his stay at KWH. The results showed that all the stool samples from the healthcare workers and patients, and all environmental and nutritional product samples from the ward, were negative for STEC. The CHP has also stepped up surveillance of staff and patients in the ward, and no other cases have been detected. Therefore, the CHP believes that the patient was more likely to have been infected in the community, though the source has not yet been confirmed.
     
    The CHP has recorded one to six cases of STEC infection annually in the past five years (2020 to 2024). The CHP has recorded two cases of STEC infection (including the case announced above) in the first five months of this year. There is no rising trend or abnormal cluster. In general, STEC infections are usually associated with the consumption of contaminated food or water, such as raw or undercooked meat products, contaminated fruits and vegetables, and unpasteurised dairy products. Direct person-to-person transmission through the faecal-oral route can also occur. The public are advised to observe good personal and food hygiene.
    　
    Members of the public may refer to the CHP’s webpageIssued at HKT 19:33

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    June 3, 2025

  • MIL-OSI Asia-Pac: Erick Tsang unveils GBA aircraft

    Source: Hong Kong Information Services

    Secretary for Constitutional & Mainland Affairs Erick Tsang today officiated at an unveiling ceremony of a new “Greater Bay Area aircraft” at Hong Kong International Airport.

    The Greater Bay Airlines aircraft has a promotional livery that reads “Leveraging Hong Kong’s Strengths, Developing a First-class Greater Bay Area”, and will operate flights between Hong Kong and both Mainland and overseas cities while promoting the Greater Bay Area (GBA) and Hong Kong.

    This is the first time the Guangdong-Hong Kong-Macao Greater Bay Area Development Office has used an aircraft as a mobile display platform to promote the GBA globally. The office has used other means of transportation such as buses, trams and ferries in its promotional work.

    Mr Tsang expressed his hope that the aircraft will serve as an “ambassador in the sky” to promote the GBA and raise awareness of GBA developments and of Hong Kong’s role in connecting the Mainland with the world.

    He encouraged all sectors to capitalise on Hong Kong’s distinctive strengths to seize on the enormous opportunities brought about by the GBA and contribute to its development. 

    He also emphasised that the GBA’s development is the best entry point for Hong Kong to actively integrate into the nation’s development overall.

    “Hong Kong possesses the unique advantages of enjoying the strong support of the motherland and being closely connected to the world under the ‘one country, two systems’ principle, and a business environment that is highly market-oriented and internationalised, underpinned by the rule of law, free flow of capital, a comprehensive financial regulatory system, a simple and low tax regime, and a pool of global professional talent.

    “All these have enabled Hong Kong to become a super connector, connecting the Mainland with the world, and leveraging its dual roles in going global and attracting foreign investment for the GBA.”

    MIL OSI Asia Pacific News –

    June 2, 2025

  • MIL-OSI Russia: The Government has updated the Concept of International Scientific and Technical Cooperation of Russia

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Document

    Order of May 16, 2025 No. 1218-r

    Expanding and deepening cooperation with friendly and neutral states, prioritizing the implementation of Russia’s national interests, ensuring the country’s international leadership in various areas of the global agenda of scientific and technological development – these and other goals are set in the Concept of International Scientific and Technical Cooperation of Russia. The order approving it was signed by Prime Minister Mikhail Mishustin.

    The document states that Russia is betting on the formation of favorable and most attractive conditions for effective and fruitful scientific work of domestic and foreign scientists in the interests of Russian science. Among such interests are ensuring technological sovereignty, creating conditions for the sustainable development of the Russian economy on a new technological basis, observing the principles of equality and mutual benefit.

    Creating a comfortable environment for international cooperation is impossible without developing a modern research and technological infrastructure. At the same time, the priority direction of such work will be unique scientific installations of the “megascience” class. The creation of conditions for their successful operation will be carried out by joint efforts of scientific organizations, the state and business.

    Today, the implementation of major scientific projects is impossible without cooperation between scientific organizations from different countries. Therefore, the concept assumes expansion of the geography of interaction with scientists from Asia, Africa, the Middle East and Latin America. Work in this direction will be multifaceted and includes, among other things, the organization of scientific and educational competitions, the activation of scientific exchange and the increase in academic mobility of scientists.

    Russia also plans to actively develop international scientific and technical cooperation within the framework of interaction with key international organizations, including UN structures (UNESCO, UNIDO, IAEA, WHO, etc.), as well as BRICS, the Group of Twenty, the Organization of Islamic Cooperation and other global governance institutions.

    The development of these ties should ultimately lead to the formation of a single scientific and technological space. Solving such a task on a CIS scale is also one of the goals of the concept. To do this, it is necessary to implement a coordinated policy on priority areas of development of science and technology and the unification of scientific potentials of the Commonwealth countries.

    Commenting on the adopted document at a meeting with deputy prime ministers on June 2, Mikhail Mishustin noted that it is very important to maintain dialogue between countries and the scientific community, business and public institutions.

    “This is of great importance for the harmonization and dissemination of best practices in the field of international scientific and technical cooperation,” the Prime Minister emphasized.

    The concept of international scientific and technical cooperation was prepared taking into account the provisions of the Strategy for Scientific and Technological Development of Russia.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

    June 2, 2025

  • MIL-OSI Russia: China’s 2025 Dragon Boat Weekend Box Office Revenue Reaches 400 Million Yuan

    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 2 (Xinhua) — As of 12:47 p.m. Monday, Chinese cinema box office revenue during the 2025 Duanwu (Dragon Boat) Festival weekend had exceeded 400 million yuan (about 55.67 million U.S. dollars), up significantly from the same period last year, according to data from China’s Maoyan film platform.

    The American spy thriller “Mission: Impossible — The Final Reckoning” topped the box office charts during the reporting period. As of 12:47 p.m., it had earned about 165.31 million yuan.

    As this year’s Dragon Boat Festival weekend coincides with International Children’s Day, the festival program features a variety of family-friendly animated films that have captivated audiences across the country.

    The second through fourth spots on the holiday chart were dominated by animated films, including the Japanese animated film “Doraemon the Movie: Nobita’s Art World Tales,” the Russian animated adventure “Endless Journey of Love,” and the film adaptation of the cult animated story from Walt Disney Studios “Lilo & Stitch.”

    Duanwu Festival falls on the fifth day of the fifth month of the lunar calendar. This year it was celebrated on May 31, and the days from May 31 to June 2 are declared holidays in the country. -0-

    MIL OSI Russia News –

    June 2, 2025

  • MIL-OSI United Nations: Republic of Moldova: National Roadmap for Critical Infrastructure Resilience

    Source: UNISDR Disaster Risk Reduction

    The Republic of Moldova: National Roadmap for Critical Infrastructure Resilience report assesses vulnerabilities of Moldova’s critical infrastructure systems against disaster risks, including systemic and cascading impacts, as well as interdependencies during disruptions. It identifies gaps and proposes improvements in policies, regulations, and their implementation, along with areas for enhanced coordination across sectors and governance levels. The report outlines cross-sectoral and sector-specific Resilience Action Plans, balancing short-term preparedness with long-term strategies, aligning with Moldova’s National Disaster Risk Reduction Strategy and the EU National Accession Programme.

    This report was co-financed within the framework of the Polish development cooperation of the Ministry of Foreign Affairs of the Republic of Poland, as part of the “Strengthening critical infrastructure resilience in the Republic of Moldova” project. The project applied the global methodology on infrastructure resilience reviews developed by UNDRR and the Coalition for Disaster Resilient Infrastructure to assess the resilience of Moldova’s critical infrastructure, focusing on energy, ICT, transport, and water sectors. Moldova became the first country in Europe and Central Asia to adopt this approach, which has been implemented in Asia-Pacific, Africa, and Latin America.

    The project was supported by a Technical Working Group co-chaired by UNDRR and the Ministry of Infrastructure and Regional Development, comprising representatives from six ministries, the State Chancellery, the General Inspectorate for Emergency Situations, and the Agency for Geodesy, Cartography and Cadastre, along with UN agencies and civil society organizations. The initiative included consultations, webinars, and workshops, such as the stress test and resilience scorecard workshop.
     

    MIL OSI United Nations News –

    June 2, 2025

  • MIL-OSI: Cenovus Energy announces redemption of Series 7 Preferred Shares

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, June 02, 2025 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (“Cenovus” or the “Company”) (TSX: CVE) (NYSE: CVE) announced today it will exercise its right to redeem the Company’s 3.935% Series 7 Preferred Shares (the “Series 7 Preferred Shares”) on June 30, 2025 (the “Redemption”). All 6 million Series 7 Preferred Shares outstanding will be redeemed at the price of $25.00 per share, for an aggregate amount payable to holders of $150 million, less required withholdings, if any, funded primarily from cash on hand.

    As previously announced, the Company’s Board of Directors has declared a quarterly dividend of $0.24594 per Series 7 Preferred Share payable on June 30, 2025, to shareholders of record as of June 13, 2025. This will be the final dividend paid on the Series 7 Preferred Shares.

    Inquiries from registered holders of Series 7 Preferred Shares should be directed to Cenovus’s Registrar and Transfer Agent, Computershare Investor Services Inc. at 1-866-332-8898 or (514) 982-8717 outside North America. Beneficial holders, who are not directly registered holders of Series 7 Preferred Shares, should contact the financial institution, broker, or other intermediary through which they hold these shares to confirm how they will receive their redemption proceeds.

    Advisory

    This news release contains certain forward-looking statements and forward-looking information (collectively referred to as “forward-looking information”), within the meaning of applicable securities legislation, about Cenovus’s current expectations, estimates and projections about the future, based on certain assumptions made in light of the Company’s experiences and perceptions of historical trends. Although Cenovus believes that the expectations represented by such forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Forward-looking information in this news release is identified by words such as “anticipate”, “continue”, “expect”, “intend”, “will” or similar expressions and includes suggestions of future outcomes, including, but not limited to, statements about: the completion of the Redemption, including the timing and funding thereof and the dividend payments with respect to the Series 7 Preferred Shares.

    Developing forward-looking information involves reliance on a number of assumptions and consideration of certain risks and uncertainties, some of which are specific to Cenovus and others that apply to the industry generally.

    Except as required by applicable securities laws, Cenovus disclaims any intention or obligation to publicly update or revise any forward‐looking information, whether as a result of new information, future events or otherwise. Readers are cautioned that the foregoing lists are not exhaustive and are made as at the date hereof. Events or circumstances could cause actual results to differ materially from those estimated or projected and expressed in, or implied by, the forward‐looking information. Accordingly, readers are cautioned not to place undue reliance on forward-looking information. For additional information regarding Cenovus’s material risk factors, the assumptions made, and risks and uncertainties which could cause actual results to differ from the anticipated results, refer to “Risk Management and Risk Factors” and “Advisory” in Cenovus’s Management’s Discussion and Analysis for the periods ended December 31, 2024 and March 31, 2025, and to the risk factors, assumptions and uncertainties described in other documents Cenovus files from time to time with securities regulatory authorities in Canada, which are available on SEDAR+ at sedarplus.ca, on EDGAR at sec.gov and Cenovus’s website at cenovus.com.

    Cenovus Energy Inc.

    Cenovus Energy Inc. is an integrated energy company with oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The company is focused on managing its assets in a safe, innovative and cost-efficient manner, integrating environmental, social and governance considerations into its business plans. Cenovus common shares and warrants are listed on the Toronto and New York stock exchanges, and the company’s preferred shares are listed on the Toronto Stock Exchange. For more information, visit cenovus.com.

    Find Cenovus on Facebook, LinkedIn, YouTube and Instagram.

    Cenovus contacts

    Investors Media
    Investor Relations general line Media Relations general line
    403-766-7711 403-766-7751

    The MIL Network –

    June 2, 2025

  • MIL-OSI United Kingdom: Manchester Day ’25 is set to hit all the right notes!

    Source: City of Manchester

    Manchester’s favourite day of the year is back for 2025 and looks set to hit all the right notes with a mammoth day of music-themed free fun promised for all the family on Saturday 26 July to help celebrate the city’s homegrown musical talent and this year’s big summer of live music in the city.

    With 1.3 million music tourists expected in Manchester this summer and a massive line-up of live music legends set to take over venues and parks across the city, this year’s Manchester Day aims to get everyone in the groove.

    The city council is working with outdoor arts specialists Walk the Plank on a programme for the day that promises something for music fans of all ages, and all musical abilities or none – from the virtuoso violinist to the can’t-sing-a-note novice.

    From English National Opera teaming up with Manchester’s football fans and community choirs, West End show tunes, juggling drummers, hip-hop wrestling, plus two musical cats and a larger-than-life canary all in a giant birdcage – this year’s Manchester Day has got all musical tastes covered.

    With activities taking place in St Ann’s Square, Cathedral Gardens, and everywhere in-between, there will be plenty of chances throughout the day for visitors young and old to get stuck in, or to try their hand at music-making and uncover that hidden musical talent they didn’t know they had.

    And with a setlist that includes strum-along ukulele sessions, spontaneous sing-a-longs, dancing to a steel pan band or some surprising Ska, visitors will want to make sure they get down early and not miss a beat.

    The day will also see a music takeover of the route from St Peter’s Square to the Cathedral, with families invited to take a musical meander through the city streets as a music-filled mini parade makes its way from the square, along Deansgate, to the Cathedral.  

    Sure to be one of the highlights of the day, expect toe-tapping sounds and surprises all the way as two huge Griffins lead the parade with fantastical birds and other winged creatures in tow, all swooping their way along the parade route.

    Accompanied by the sounds of Brazilian-inspired brass from Jubacana, drumming from Manchester Dhol Players and a giant Dhol drum, along with the percussive rhythms of Manchester Batala, and performers from community groups across the city including the Anglo Filipino Club, the Hong Kong Cultural Community, Greater Manchester’s Youth network, Manchester’s Lithuanian Society and more – the mini parade looks set to get everyone moving and in the music groove.

    Councillor Pat Karney, Chair of Manchester Day, said: “We’ve got a mammoth summer of live music coming up in the city this year which means it’s only right that we max out on the music for Manchester Day. 

    “Everyone in Manchester loves music. Mancs have music in their bones, there’s so much talent here – we’re either making it or playing it. And that’s why everyone’s on the guestlist for this year’s Manchester Day to help us celebrate the music that Mancunians make best.

    “We’ve got a fantastic day lined up so loosen up those vocal chords, grab a guitar, grab your granny, all the family, and don’t miss it!”

    Proceedings on the day get underway at 12 noon with final encores at 5 pm.

    MIL OSI United Kingdom –

    June 2, 2025

  • MIL-OSI Global: Africa’s new credit rating agency could change the rules of the game. Here’s how

    Source: The Conversation – Africa – By Daniel Cash, Reader in Law, Aston University

    For governments, a credit rating is more than a financial signal. It is a verdict that can influence the cost of borrowing, access to markets and, ultimately, the ability to provide for their citizens.

    Rating decisions are made behind closed doors in a private process that isn’t open to assessment or scrutiny.

    For African countries, this opacity can be especially damaging. When rating decisions lack transparency, it’s impossible to challenge potential biases or inconsistencies in methodology that put developing economies at a disadvantage. The result is higher borrowing costs that drain resources from healthcare, education and infrastructure investment.

    Africa’s new credit rating agency has the chance to change this. The African Credit Rating Agency is an initiative under development by the African Union and its partners. It is more than a new entrant; it is an attempt to rethink how financial authority is earned, exercised and scrutinised. The new agency plans to introduce transparent governance structures that could revolutionise rating methodology.

    As a researcher who has looked closely at the working of rating agencies, I believe this opportunity to bring transparency to financial governance isn’t just about better ratings. It’s a step towards economic sovereignty.

    Success for the African Credit Rating Agency shouldn’t be measured by whether it displaces the “big three” rating agencies (Standard & Poor’s, Moody’s and Fitch). The real question isn’t whether an African agency can compete, but rather whether it can show the world how to rate credit differently.

    A flawed process

    The three big agencies do publish their methodologies – their criteria and risk models. This creates an illusion of transparency. Yet the final judgments emerge from committee meetings that produce no public record, no accountability, and no right of meaningful appeal.

    These rating committees typically comprise five to 10 analysts who meet in closed sessions to make each sovereign rating decision. S&P, Moody’s and Fitch each operate internal rating committees for every sovereign rating decision. The deliberations, dissenting views, and specific reasoning behind final votes remain confidential. Only a brief summary is provided with a rating decision.

    Research has shown that credit rating agencies are more accurate at assessing the creditworthiness of advanced economies than developing economies. There have also been studies on the discrepancy between what is expected when the public methodologies are applied and what the agencies actually rate. These studies have been done for economies like Hong Kong and China, but no equivalent research has yet been undertaken for African sovereigns.

    This discrepancy exposes an accountability void. When methodology-based predictions miss the mark, we must question what happens in those committee rooms. Especially when African nations are being assessed by analysts stationed continents away, with limited understanding of local economic and political realities.

    The African Credit Rating Agency could make three changes to the way ratings are done:

    • through public deliberations

    • by forming hybrid committees

    • with technological intervention.

    First, it could release committee transcripts within 30 days of each decision. This would give markets and governments unprecedented insight into rating rationales. This isn’t radical – central banks already publish meeting minutes, and courts publish opinions with dissenting views.

    Second, it could pioneer panels that include not only rating analysts, but regional economists, sectoral specialists, and even civil society observers. All with recorded votes. This diversified expertise would disrupt “group think” while capturing nuances of African economies that traditional agencies overlook.

    I have examined this idea from the perspective of injecting climate and sustainability-related expertise into credit rating committees. I believe this is a crucial step to take to evolve the concept of the credit rating committee.

    Third, the agency could use artificial intelligence to analyse patterns across committee discussions, flagging potential regional biases or inconsistent methodology application. It might be able to use secure digital ledgers to create unchangeable records of decisions.

    Why the big three keep it closed

    The industry thrives on privacy – protecting proprietary methodologies and shielding decisions from external challenge. And the natural oligopoly (a market dominated by a few large players due to high entry barriers, reinforced by market preference for predictability) helps it stay that way.

    The sovereign credit ratings of the three big agencies are built on quantitative and qualitative factors. But research shows that sovereign ratings are subjected to qualitative understandings. This puts developing economies at a disadvantage when agencies demonstrate pro-western biases because they lack data or knowledge.

    The impact of a credit rating downgrade for a sovereign borrower is usually multifaceted. Research shows that a single-notch downgrade can raise borrowing costs by more than 100 basis points, equivalent to an extra US$100 million annually on a US$10 billion bond.

    Investors prefer fewer, stronger signals rather than many competing views. So there’s little incentive for established players to change. The African Credit Rating Agency, as a new entrant, can offer something the incumbents won’t: governance innovation that serves both markets and nations.

    Radical openness will shake markets, at least at first. Committee members might face political pressure. Transparency alone doesn’t guarantee fair outcomes.

    But the world already demands transparency from central banks and constitutional courts. Why accept anything less from institutions that shape sovereign destiny?

    Next steps

    By 2050, one in four people on Earth will be African. The financial architecture serving them must evolve towards systems that recognise the continent’s unique strengths.

    Opening the rating committee to view represents more than technical reform – it’s about shifting who holds power in global finance. If it does this, the African agency won’t just deliver better ratings; it will model how global finance can be governed more justly.

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

    – ref. Africa’s new credit rating agency could change the rules of the game. Here’s how – https://theconversation.com/africas-new-credit-rating-agency-could-change-the-rules-of-the-game-heres-how-257138

    MIL OSI – Global Reports –

    June 2, 2025

  • MIL-OSI Europe: Experts and policymakers discuss confidence-building measures and norms in cyberspace at OSCE workshop in Mongolia

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: Experts and policymakers discuss confidence-building measures and norms in cyberspace at OSCE workshop in Mongolia

    Participants at an OSCE workshop on cyber norms and confidence-building measures held in Ulaanbaatar, 27 May 2025. (OSCE) Photo details

    Cybersecurity experts and policymakers from Eastern and South-Eastern Europe, Central Asia, South Caucasus and Mongolia explored cyber norms and confidence-building measures (CBMs) at a workshop in Ulaanbaatar, Mongolia, organized by the OSCE Transnational Threats Department on 27 and 28 May.
    The 21 workshop participants discussed the use of and nexus between CBMs — a key element of how states build transparency, co-operation and trust in cyberspace — and cyber norms, which set standards for responsible state conduct.
    “The OSCE is the first regional organization to develop and adopt CBMs for cyberspace, providing practical steps and voluntary actions designed to increase transparency, foster communication and build trust. This workshop has been designed with a cross-regional perspective, particularly seeking to highlight good practices from the ASEAN region. I am pleased that we have many expert speakers from ASEAN and the OSCE contributing their valuable insight,” said Alena Kupchyna, OSCE Co-ordinator of Activities to Address Transnational Threats, in her opening remarks.
    Through expert-led discussions, the workshop explored national and regional strategies and challenges, highlighting areas for possible future joint efforts. It also facilitated an inter-regional exchange of good practices with experts from Southeast Asia and provided a platform for closer co-operation.
    “Mongolia attaches great importance to international collaboration, mutual trust, and the exchange of best practices, which are more vital than ever in safeguarding the integrity and resilience of our shared cyberspace. We have been a steadfast supporter and active participant in confidence-building measures led by the United Nations, the OSCE, and the ASEAN Regional Forum, contributing to regional peace, trust, and security,” said P. Altan-Od, State Secretary of the Ministry of Digital Development, Innovation and Communications of Mongolia.
    During an exercise involving a fictitious cyber incident, participants put their theoretical knowledge to the test. They explored how to use international norms and CBMs during an incident and the role of national preparedness and regional co-operation in responding to cyber threats.
    “Cyber confidence-building measures are not just diplomatic niceties — they are essential instruments of peace and security in the digital age. As the cyber domain continues to grow in importance, the need for structured, co-operative approaches to prevent conflict and enhance collective resilience is urgent,” said Marius Stucki, Counsellor, Deputy Head of the Political Section of the Embassy of Switzerland in the People’s Republic of China.
    The workshop was delivered as part of the OSCE extrabudgetary project, “Activities and customized support for the implementation of OSCE cyber/ICT security confidence-building measures”, with financial support from Switzerland.

    MIL OSI Europe News –

    June 2, 2025

  • Hard work clearly visible: PM Modi hails India’s athletics champions

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi praised the Indian athletes for their stellar performance at the recently concluded 2025 Asian Athletics Championships, stating that their “hard work and determination were clearly visible” throughout the tournament.

    India secured a total of 24 medals — eight gold, 10 silver, and six bronze — at the continental meet held in Gumi, South Korea, finishing second in the final medal tally behind China.

    “India is proud of our contingent for their stupendous performance at the recently held 2025 Asian Athletics Championships in South Korea. The hard work and determination of every athlete were clearly visible throughout the tournament. Best wishes to the athletes for their future endeavours,” PM Modi posted on X.

    More than 60 Indian athletes participated in the competition, held from May 27 to 31. The 26th edition of the championships featured over 2,000 athletes, with Indians competing across 30 medal events — 15 for men, 14 for women, and one mixed team event — during the five-day event.

    Servin Sebastian opened India’s medal tally with a bronze in the men’s 20km race walk on Day 1.

    Gulveer Singh clinched India’s first gold medal in the men’s 10,000m and followed it up with another gold in the 5,000m event. Rupal Chaudhary became the first Indian woman to win a medal at the championships with a silver in the 400m race.

    The Indian 4x400m mixed relay team successfully defended their title, while the women’s 4x400m relay team also claimed gold.

    Jyothi Yarraji retained her women’s 100m hurdles crown with a strong finish, while Avinash Sable became the first Indian man in 36 years to win a steeplechase gold at the Asian Athletics Championships.

    Animesh Kujur (200m) and Parul Chaudhary (3000m steeplechase) set new national records in their respective events.

    Tejaswin Shankar made history by becoming the first Indian to win two medals in the decathlon at the Asian Athletics Championships. He scored 7,618 points to earn silver, adding to his bronze from the 2023 edition.

    In the women’s long jump, Ancy Sojan (6.33m) and Shaili Singh (6.30m) secured silver and bronze, respectively.

    -IANS

    June 2, 2025

  • MIL-OSI Asia-Pac: International Arts Carnival opens in July with martial arts theatre performance “Soul of Shaolin” (with photos)

    Source: Hong Kong Government special administrative region

    International Arts Carnival opens in July with martial arts theatre performance “Soul of Shaolin”  
         “Soul of Shaolin”, featuring more than 30 kung fu masters, will showcase breathtaking martial arts scenes consisting of boxing, weaponry and qigong to demonstrate the harmony between the spiritual wisdom and physical strength of Chinese kung fu. The theatre production has earned both Tony and Drama Desk Award nominations since its Broadway debut in 2009. After more than two decades of world touring, it is finally coming to Hong Kong and is not to be missed.
     
         The story revolves around young Huiguang, who has mastered kung fu skills at the famous Shaolin Temple. He has been working hard on his martial arts training and practicing kindness, but has always missed his long-lost mother. Unexpectedly, a woman he saves from danger is his mother, who he has been searching for all along.
     
         The Henan Provincial Shaolin Wushu Center was established in 1988 and is affiliated with the Culture and Tourism Department of Henan Province. Its performing troupe consists of over 200 kung fu masters, has performed in more than 80 countries and regions, and is gaining popularity among audiences both domestically and internationally.
     
         “Soul of Shaolin” will be held at 7.30pm on July 11 and 12, and 3pm on July 12 and 13 at the Hong Kong Cultural Centre Grand Theatre. Tickets priced at $250, $350, $450 and $520 are now available at URBTIX (www.urbtix.hk 
         The matinee at 3pm on July 12 is an accessible performance with audio descriptions in Cantonese. A touch tour will be provided prior to the performance for people with visual impairment and their companions. A meet-the-artist session, conducted in Putonghua with Cantonese interpretation, will also be held after this performance.
     
         The programme contains loud sound effects and action scenes. Performers have been professionally trained, and the audience is advised not to imitate their acts. For programme enquiries and concessionary schemes, please call 2370 1044 or visit     www.hkiac.gov.hk 
         This year’s IAC will run from July 11 to August 17, featuring a wide array of fun-filled educational programmes by overseas, Mainland and local art groups and artists. In addition to martial arts, acrobatics, dance, music, theatre and multimedia, the IAC will also offer film screenings, parent-child workshops, an online programme, an outreach performance and an exhibition.
     
         “Soul of Shaolin” is also one of the programmes of the Chinese Culture Festival 2025.
    Issued at HKT 18:30

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    June 2, 2025

  • MIL-OSI New Zealand: Celebrating World Milk Day

    Source: Dairy Companies Association of New Zealand (DCANZ)

    Milk continues to prove the vital part it plays in the health of New Zealanders and of billions of people around the world, says the Dairy Companies Association of New Zealand (DCANZ).
    Today is World Milk Day, which is celebrated around the world to mark the contribution of dairy to the global food system.
    DCANZ Executive Director Kimberly Crewther says milk’s contribution to health is well worth celebrating.
    “As a nutrient-dense food it’s an important part of a healthy, balanced diet, not just for Kiwis of all ages, but also for people globally, including those in the more than 120 countries New Zealand exports dairy products to.”
    Milk is a nutritional powerhouse with over 10 essential nutrients. Just one glass of milk delivers 35% of daily calcium, 40% of vitamin B2, and 37% of vitamin B12 requirements, along with high-quality protein.
    Together, these nutrients support healthy bones, teeth, muscle function, skin, eyes, nervous system, and overall healthy growth and aging.
    “That’s a massive amount of goodness in such a small – and tasty – serve.
    “New Zealand’s most recent nutritional survey showed that in Kiwi diets, milk is the No 1 contributor of calcium, vitamin B2, and vitamin B12, and is the No 2 source of protein.
    “Globally, milk contributes 49% of dietary calcium supply, 24% of vitamin B2, and 12% of protein, and is overall a top 5 source for 23 nutrients.
    This nutrient density means milk and dairy products have an important role to play in the global fight against malnutrition.”
    “Despite the impacts of strong global demand on dairy prices, at current prices, Kiwis can consume a serving of milk, cheese, and yoghurt for as little as $2 a day and in doing so receive more than a third of the recommended protein and more than three-quarters of recommended calcium needs.
    “That works out at an impressive nutritional outcome for the investment of just 15% of the average weekly food bill of $475 for a family of 5, as reported in the latest [2023] Household Expenditure Statistics survey”
    Also, according to the Food and Agriculture Organisation (FAO), dairy consumption reduces the risk of all-cause mortality, hypertension, stroke, type 2 diabetes, colorectal cancer, breast cancer, obesity, and osteoporosis in adults.
    A 2018 study of children aged 1-12 years across Malaysia, Indonesia, Thailand and Vietnam also found the prevalence of stunting is significantly less in those who consume dairy every day compared to those who do not consume it at all.
    Recognition of dairy’s nutritional goodness is fuelling demand growth globally and adding significantly to the industry’s economic contribution to New Zealand.
    “The value of dairy exports increased by $3.5 billion in the year to April 2025, to $26.8 billion. That equalled one-in-every-three dollars New Zealand earnt from all goods trade, with the economic benefits flowing through the economy as farmers and dairy companies purchase goods and services from thousands of other companies.
    “DCANZ thanks the thousands of people throughout New Zealand who support and contribute to this positive contribution.”

    MIL OSI New Zealand News –

    June 2, 2025

  • MIL-OSI: RBC iShares Expands iShares Core Offering with Launch of New ETFs

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 02, 2025 (GLOBE NEWSWIRE) — Today, RBC iShares expands its iShares Core exchange traded fund (ETF) lineup with the launch of two iShares ETFs (each an ‘iShares Fund’ and collectively, the ‘iShares Funds’).

    The iShares Core S&P Total U.S. Stock Market Index ETF (XTOT) will provide investors with broad-based exposure to the total U.S. equity market, covering large-, mid-, small-, and micro-capitalized companies. The iShares Core S&P Total U.S. Stock Market Index ETF will also be available in a U.S.-dollar denominated class (XTOT.U).

    “We are pleased to expand our suite of low-cost, diversified core ETFs with the addition of the iShares Core S&P Total U.S. Stock Market Index ETF. This new ETF offers investors a convenient way to access broad-based exposure to the total U.S. equity market, making investing in global markets easier and more affordable for Canadians,” said Steven Leong, Head of Product at BlackRock Canada.

    The iShares Core Canadian Short-Mid Term Universe Bond Index ETF (XSMB) will provide investors with exposure to a broadly diversified range of Canadian domiciled bonds with maturities between 1 and 10 years, which may include any or all of federal, provincial, corporate (including certain qualifying asset-backed securities) and municipal bonds.

    “Canadians continue to embrace fixed income ETFs as efficient tools for building resilient, well-diversified portfolios. With this launch, we are excited to provide access to a broad portfolio of Canadian government and corporate bonds with 10 years remaining to maturity or less. This exposure allows investors to generate income while offering a source of portfolio stabilization amid volatility,” added Mr. Leong.

    The iShares Funds are listed in the table below and are expected to begin trading on the Toronto Stock Exchange (TSX) today; the iShares Funds are managed by BlackRock Asset Management Canada Limited (BlackRock Canada), an indirect wholly-owned subsidiary of BlackRock, Inc.

    Fund Name Ticker Annual
    Management
    Fee    1
    iShares Core S&P Total U.S. Stock Market Index ETF XTOT,
    XTOT.U    		 0.07%2
    iShares Core Canadian Short-Mid Term Universe Bond Index ETF XSMB 0.15%

    RBC iShares aims to help clients achieve their investment objectives by empowering them to build efficient portfolios and take control of their financial futures. RBC iShares is committed to delivering a truly differentiated ETF experience and positive outcomes for clients.

    For more information about RBC iShares, please visit https://www.rbcishares.com.

    About BlackRock

    BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate.

    About iShares

    iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 1500+ exchange traded funds (ETFs) and US$4.3 trillion in assets under management as of March 31, 2025, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock.

    iShares® ETFs are managed by BlackRock Asset Management Canada Limited.

    About RBC
    Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 97,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.

    We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/peopleandplanet.

    About RBC Global Asset Management
    RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC). RBC GAM is a provider of global investment management services and solutions to institutional, high-net-worth and individual investors through separate accounts, pooled funds, mutual funds, hedge funds, exchange-traded funds and specialty investment strategies. RBC Funds, BlueBay Funds, PH&N Funds and RBC ETFs are offered by RBC Global Asset Management Inc. (RBC GAM Inc.) and distributed through authorized dealers in Canada. The RBC GAM group of companies, which includes RBC GAM Inc. (including PH&N Institutional) manage approximately $710 billion in assets and have approximately 1,600 employees located across Canada, the United States, Europe and Asia.

    RBC iShares ETFs are comprised of RBC ETFs managed by RBC Global Asset Management Inc. and iShares ETFs managed by BlackRock Asset Management Canada Limited. Commissions, trailing commissions, management fees and expenses all may be associated with investing in ETFs. Please read the relevant prospectus before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional.

    ® / TM Trademark(s) of Royal Bank of Canada. Used under license. iSHARES is a registered trademark of BlackRock, Inc., or its subsidiaries in the United States and elsewhere. Used under license. © 2025 BlackRock Asset Management Canada Limited and RBC Global Asset Management Inc. All rights reserved.

    Contact for Media:
    Sydney Punchard
    Email: Sydney.Punchard@blackrock.com

    1 As an annualized percentage of the iShares Fund’s daily net asset value.
    2 If applicable, BlackRock Canada or an affiliate is entitled to receive a fee for acting as manager of each iShares ETF in which this iShares Fund may invest (an “underlying product fee” and together with the management fee payable to BlackRock Canada, the “total annual fee”). As the underlying product fees are embedded in the market value of the iShares ETFs in which this iShares Fund may invest, any underlying product fees are borne indirectly by this iShares Fund. BlackRock Canada will adjust the management fee payable to it by this iShares Fund to ensure that the total annual fees paid directly or indirectly to BlackRock Canada and its affiliates by this iShares Fund will not exceed the percentage of the NAV set out above. The total annual fee is exclusive of HST. Any underlying product fees borne indirectly by this iShares Fund are calculated and accrued daily and are paid not less than annually.

    The MIL Network –

    June 2, 2025
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