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Category: Asia

  • Sikkim Cricket Ground shines bright with historic floodlight installation

    Source: Government of India

    Source: Government of India (2)

    span class=”fadeinm1hgl8″>In a landmark moment for sports in the region, the Sikkim Cricket Ground in Mining witnessed the inauguration of high-mast LED floodlights on the evening of May 18. This significant upgrade, marked by a grand ceremony, was led by Sikkim Chief Minister Prem Singh Tamang.

    With this state-of-the-art lighting system in place, the venue is now equipped to host day-night matches and high-definition live broadcasts, ushering in a new era for cricket in the state.

    The Rs 12.2 crore project, fully funded by the Government of Sikkim, was executed by the Sikkim Cricket Association (SICA). Work commenced in December 2024 and was completed by April 18. The system features four 44-meter-high masts, each bearing 64 high-powered LED floodlights, totaling 256 units. With each light operating at 1.2 kW, the setup delivers an impressive 2800 lux illumination at the pitch, well above the standard required for televised matches.

    The inauguration ceremony was attended by a host of dignitaries, including Justice Biswanath Somadder, Chief Justice of the High Court of Sikkim, Cabinet Ministers, MLAs, the Chief Secretary, the Chief Administrator-cum-Cabinet Secretary, and senior government officials.

    SICA President Tika Subba expressed heartfelt gratitude to the state government and the BCCI for their support.

    “Thanks to the government and the BCCI, this long-cherished dream has come true,” he said, also acknowledging the past challenges posed by inadequate lighting that often disrupted match schedules and gameplay quality.

    To mark the occasion, a friendly match was played between the SICA President XI and the Chief Secretary XI. Batting first, the Chief Secretary XI posted 121/9 in 20 overs. In reply, the SICA President XI chased down the target in 19.4 overs, securing a five-wicket win.

    The newly installed floodlights meet international standards and come with a five-year manufacturer’s warranty. They promise low maintenance and high efficiency, paving the way for Sikkim’s emergence on the national cricketing map.

    In a noteworthy announcement, Chief Minister Tamang revealed that preparations are underway for a possible visit by Prime Minister Narendra Modi.“The Sikkim government has received confirmation regarding PM Modi’s visit. Several meetings have taken place… May 29 is the tentative date, though it is yet to be confirmed,” he said. 

    (With inputs from ANI)

    May 19, 2025
  • Portugal’s far-right wins record support as centre-right falls short of majority

    Source: Government of India

    Source: Government of India (2)

    ortugal’s far-right Chega won a record vote share in Sunday’s snap election and was vying to become the main opposition party as the ruling centre-right Democratic Alliance (AD) again fell short of a majority needed to end a long period of instability.

    Prime Minister Luis Montenegro – whose grouping won the most seats – said the election result was a vote of confidence in his party. However, with votes from abroad still to be counted Chega could supplant the centre-left Socialists as leader of the opposition, ending five decades of dominance by the country’s two major parties.

    “We’ve done what no other party has ever achieved in Portugal. We can safely declare in front of all the country today that bipartisanship in Portugal is over,” Chega leader Andre Ventura told a crowd of jubilant supporters in Lisbon.

    “Nothing will be as it was,” he said, highlighting the fact that the continued rise of Chega, which he founded just six years ago, proved most opinion polls wrong.

    Chega gained 8 seats for a total of 58 in the 230-seat parliament, winning a record 1.34 million votes, or 22.6%.

    Montenegro, whose AD won 89 seats – up nine from the previous election – and 32.1% of the vote, has refused to make any deals with Chega and said he would form a new minority government.

    Chega, which has allied with Europe’s hard-right, anti-immigration parties, such as Marine le Pen’s Rassemblement National in France and Germany’s AfD, has proposed tougher sentences for criminals, including chemical castration for repeat rapists, and called for an end to “open doors” immigration. It has also accused mainstream parties of perpetuating corruption.

    Continued political instability could delay structural reforms and major projects in Portugal, including lithium mining in the north, and potentially compromise the efficient deployment of EU funds and the long-delayed privatization of TAP airline.

    The election, the third in as many years, was called one year into an AD minority government’s term after Montenegro failed to win a vote of confidence in March when the opposition questioned his integrity over dealings of his family’s consultancy firm. He has denied any wrongdoing.

    “The Portuguese don’t want any more snap elections, they want a four-year legislature,” Montenegro said as his supporters chanted “Let Luis work,” his campaign slogan.

    Voters appeared to punish the Socialists for their role in bringing down Montenegro’s government with the party falling to 58 seats from 78, prompting leader Pedro Nuno Santos to say he would step down.

    In Lisbon, some residents were worried about what Chega’s surge could mean for Portugal’s democracy, comparing the party to U.S. President Donald Trump’s government.

    Chega’s Ventura, who was hospitalised during the campaign after collapsing on stage with an esophageal spasm, said his health issues would not hold him back.

    “There are moments in life during which God says, just stop a little bit,” he said. “This time I am not going to listen. I am not going to stop until I become the prime minister of Portugal.”

    (Reuters)

    May 19, 2025
  • Jaishankar engages with strategic experts in the Netherlands, calls for stronger India-EU ties

    Source: Government of India

    Source: Government of India (4)

    External Affairs Minister S. Jaishankar, during his official visit to the Netherlands on Monday, engaged with strategic experts in The Hague, highlighting the importance of deepening India-Netherlands and India-European Union relations in a rapidly evolving global landscape marked by multi-polarity and strategic autonomy.

    In a post on X, Jaishankar said: “A good exchange of views with strategic experts in The Hague this morning. Discussed why India and the Netherlands/EU should engage more deeply in an era of multi-polarity and strategic autonomy.”

    https://x.com/DDNewslive/status/1924413567106740449/photo/4

    Jaishankar arrived in the Netherlands on Monday as part of a multi-nation official visit that also includes Denmark and Germany, scheduled from May 19 to 24. According to a statement from the Ministry of External Affairs (MEA), the visit aims to strengthen bilateral relations and enhance cooperation on global and regional issues of mutual interest.

    During his engagements, Jaishankar is expected to meet with the leadership of all three countries, covering a comprehensive agenda that spans political, economic, and strategic collaboration.

    This marks Jaishankar’s first foreign visit following the recent four-day military confrontation between Indian and Pakistani forces.

    ANI

    May 19, 2025
  • Let world know that India supports peace, but will respond to terror attacks: Kiren Rijiju on all-party delegations’ mission

    Source: Government of India

    Source: Government of India (4)

    Parliamentary Affairs Minister Kiren Rijiju on Monday said that it is important to let the world know that India supports peace, however, it will take stern action against any act of terrorism. India is sending its all-party delegations to different countries in this regard, he added.

    “India has always supported peace. Prime Minister Narendra Modi launched Operation Sindoor in response to the killing of our innocent civilians by the Pakistan-sponsored terrorists,” Rijiju told reporters.

    “Delegations of India are going to various countries and will put forward India’s side. It is important to let the world know that India supports peace and will act against those who support terrorism, and the world should support the same,” he added.
    Reacting to the Congress’s criticism regarding the selection of members of all-party delegations, he said that the delegates will represent not their parties but their country.

    ” This is not a topic of politics. These delegations are not going to represent a party but the country,” he said.

    A political row has erupted over the process of nominating members to all-party delegations as the government ignored three of the four names suggested by the Congress.

    Meanwhile, Congress General Secretary in charge of Communications, Jairam Ramesh, on Monday criticised the Central government, describing the decision to send a delegation to key partner countries as a ‘damage control’ effort.

    Ramesh claimed that India’s ‘Vishwa Guru’ image has taken a hit following tensions with Pakistan.

    He further argued that the delegation’s visit to key partner countries to highlight India’s ongoing fight against cross-border terrorism and Operation Sindoor would have been more appropriate if it had come after an all-party meeting chaired by Prime Minister Narendra Modi.

    “…Congress party believes that an all-party meeting should have been done before this and PM Modi should have chaired the meeting…Our second demand was to hold a special session of the Parliament to discuss the issues of the relationship between China and Pakistan,” Ramesh told ANI.

    Ramesh further criticised the government for omitting three of the names recommended by the party for the all-party delegation.

    “This delegation is going for damage control. We have been saying that we need to stay united, and we are standing with our armed forces like a rock. We have said that Operation Sindoor is a historic operation, but PM Modi does not speak with the LoP or the Congress President. They ask us to give names. When we gave 4 names, they picked only one of them and added names on their own. What type of politics is this?” he added.

    According to Congress, the party had submitted four names to the Minister of Parliamentary Affairs by May 16, but the final list released late on May 17 included only one of the suggested names.

    The list includes MPs from multiple parties, divided into seven groups of 8-9 members. A leader has been assigned for each group, who will lead the delegation at a global level.

    This came after India’s decisive military response to the April 22 Pahalgam terror attack. Operation Sindoor, launched on May 7, targeted terror infrastructure in Pakistan and Pakistan-occupied Jammu and Kashmir, leading to the death of over 100 terrorists affiliated with terror outfits like the Jaish-e-Mohammed, Lashkar-e-Taiba and Hizbul Mujahideen.

    (ANI)

    May 19, 2025
  • MIL-OSI Asia-Pac: CE meets national Customs head

    Source: Hong Kong Information Services

    Chief Executive John Lee today met Minister of the General Administration of Customs Sun Meijun at Government House to discuss strengthening enforcement and co-operation between Hong Kong and Mainland Customs.

    Ms Sun and her delegation are in Hong Kong to attend the World Customs Organization (WCO) Asia/Pacific Regional Heads of Customs Administrations Conference.

    Welcoming them, Mr Lee thanked the General Administration of Customs for supporting the Hong Kong Customs & Excise Department in its bid for the Vice-Chairpersonship of the Asia/Pacific region of the WCO (2024-2026). 

    He said the successful election last June not only reflects the support Hong Kong enjoys at a national level and from the Asia-Pacific region, but also consolidates the city’s role as a “super-connector”.

    While in Hong Kong, Ms Sun will also to attend signing ceremonies for co-operation agreements between the General Administration of Customs and the Hong Kong Special Administrative Region Government. These aim to promote flows of people and goods between the two places, as well as co-operation on exports of Hong Kong dairy and meat products to the Mainland.

    The Chief Executive said these initiatives will enhance Hong Kong’s position as an international trade and shipping centre, laying a solid foundation for further co-operation between Hong Kong and Mainland Customs.

    On enforcement co-operation, Mr Lee said that Hong Kong and Mainland Customs have long been working together to combat cross-boundary smuggling activities and prevent and detect smuggling of contraband.

    He said he hopes Hong Kong and Mainland Customs can in future maintain close co-operation on immigration and customs clearance, anti-smuggling and anti-drug trafficking activities, and trade facilitation.

    MIL OSI Asia Pacific News –

    May 19, 2025
  • MIL-OSI China: China-Cambodia “Golden Dragon 2025” joint exercise kicks off 2025-05-19 18:35:04 The China-Cambodia “Golden Dragon 2025” joint exercise kicked off at the Military Police Training Center of the Royal Cambodian Armed Forces (RCAF) in Kampong Chhnang Province in Cambodia on the morning of May 17.

    Source: People’s Republic of China – Ministry of National Defense

      BEIJING, May 19 — The China-Cambodia “Golden Dragon 2025” joint exercise kicked off at the Military Police Training Center of the Royal Cambodian Armed Forces (RCAF) in Kampong Chhnang Province in Cambodia on the morning of May 17.

      Under the theme of “peace, friendship, and cooperation”, this year’s joint exercise focuses on the topic of joint counter-terrorism and humanitarian relief operations.

      The exercise will be conducted in two domains, namely naval and air operations as well as land and air operations, and adopts a mixed training approach. It involves three phases including adaptive training, command drills, and live drills, aiming to enhance the joint operational capabilities of the two militaries in combating terrorism.

      On May 18, the Chinese naval amphibious dock landing ship Changbaishan (Hull 989), the guided-missile frigates Panzhihua (Hull 621) and Guangyuan (Hull 649), conducted open ship day activities. Subsequently, the Chinese participating troops will also carry out other activities such as medical outreach, as well as educational assistance through donations.

      On May 18, the two sides’ participating troops conducted mixed-group joint training on such subjects as coordination among assault vehicle crews, fast roping, and unmanned equipment operations to strengthen their tactical collaboration.

      The China-Cambodia “Golden Dragon” series of joint exercises, as a regular military cooperation program between the two countries and two militaries, has been successfully held six times before. This year’s joint exercise relies on the China-Cambodia joint logistics and training center at the Ream Naval Base to support the maritime exercise for the first time. For the first time, China sent air force helicopters and radar troops to participate in cross-border joint exercise.

      The joint exercise between the two militaries will make a positive contribution to promoting pragmatic cooperation and the building of an all-weather China-Cambodia community with a shared future in the new era.

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    MIL OSI China News –

    May 19, 2025
  • MIL-OSI United Kingdom: PM secures new agreement with EU to benefit British people

    Source: United Kingdom – Executive Government & Departments

    News story

    PM secures new agreement with EU to benefit British people

    UK secures new agreement with the European Union to support British businesses, back British jobs, and put more money in people’s pockets.

    • UK secures new agreement with the European Union to support British businesses, back British jobs, and put more money in people’s pockets.
    • Package will help make food cheaper, slash red tape, open up access to the EU market and add nearly £9 billion to the UK economy by 2040.
    • Prime Minister hails agreement as ‘good for jobs, good for bills, and good for our borders’.

    The Prime Minister has today confirmed a new agreement with the European Union which will deliver on his core mission to grow the economy, back British jobs and put more money in people’s pockets.

    Extensive negotiations over the last six months have led to the third major deal struck by the government in as many weeks, following the US and India – which the Prime Minister says will be “good for jobs, good for bills and good for our borders”.

    As part of the deal, a new SPS agreement will make it easier for food and drink to be imported and exported by reducing the red tape that placed burdens on businesses and led to lengthy lorry queues at the border. This agreement will have no time limit, giving vital certainty to businesses.

    Some routine checks on animal and plant products will be removed completely, allowing goods to flow freely again, including between Great Britain and Northern Ireland. Ultimately this could lower food prices and increase choice on supermarket shelves – meaning more money in people’s pockets. 

    The EU is the UK’s largest trading partner. After the 21% drop in exports and 7% drop in imports seen since Brexit, the UK will also be able to sell various products, such as burgers and sausages, back into the EU again, supporting these vital British industries.

    Closer co-operation on emissions through linking our respective Emissions Trading Systems will improve the UK’s energy security and avoid businesses being hit by the EU’s carbon tax due to come in next year – which would have sent £800 million directly to the EU’s budget.

    Combined, the SPS and Emissions Trading Systems linking measures alone are set to add nearly £9 billion to the UK economy by 2040, in a huge boost for growth.

    British steel exports are protected from new EU rules and restrictive tariffs, through a bespoke arrangement for the UK that will save UK steel £25 million per year.  

    The UK will enter talks about access to EU facial images data for the first time, on top of the existing arrangements for DNA, fingerprint and vehicle registration data. This will enhance our ability to catch dangerous criminals and ensure they face justice more quickly. 

    British holidaymakers will be able to use more eGates in Europe, ending the dreaded queues at border control. Pets will also be able to travel more easily, with the introduction of ‘pet passports’ for UK cats and dogs – eliminating the need for animal health certificates for every trip.

    Prime Minister Keir Starmer will say:

    It’s time to look forward. To move on from the stale old debates and political fights to find common sense, practical solutions which get the best for the British people.

    We’re ready to work with partners if it means we can improve people’s lives here at home.

    So that’s what this deal is all about – facing out into the world once again, in the great tradition of this nation. Building the relationships we choose, with the partners we choose, and closing deals in the national interest. Because that is what independent, sovereign nations do.

    Today will also see the agreement of the new Security and Defence Partnership, which will pave the way for the UK defence industry to participate in the EU’s proposed new £150 billion Security Action for Europe (SAFE) defence fund – supporting thousands of British jobs and boosting growth.

    At a time of increasing global uncertainty and volatility, this will formalise UK-EU co-operation on defence to ensure Europe’s safety and security.

    Minister for European Union Relations and lead Government negotiator, Nick Thomas-Symonds said:

    Today is a historic day, marking the opening of a new chapter in our relationship with the EU that delivers for working people across the UK.

    Since the start of these negotiations, we have worked for a deal to make the British people safer, more secure and more prosperous. Our new UK-EU Strategic Partnership achieves all three objectives. It delivers on jobs, bills and borders. Today is a day of delivery. Britain is back on the world stage with a Government in the service of working people.

    The UK and the EU have also agreed to co-operate further on a youth experience scheme – which could see young people able to work and travel freely in Europe again. The scheme, which would be capped and time-limited, would mirror existing schemes the UK has with countries such as Australia and New Zealand.

    The Prime Minister is clear that bringing down migration remains an absolute priority for him, which is why today’s agreement also majors on further work on finding solutions to tackle illegal migration – including on returns and a joint commitment to tackle channel crossings.

    The UK and EU have also reached a new twelve year agreement that protects Britain’s fishing access, fishing rights and fishing areas with no increase in the amount of fish EU vessels can catch in British waters, providing stability and certainty for the sector. The UK will also back coastal communities by investing £360 million into our fishing industry to go towards new technology and equipment to modernise the fleet, training to help upskill the workforce, and funding to help revitalise coastal communities, support tourism and boost seafood exports. The British fleet will also benefit from the SPS agreement which slashes costs and red tape to help exports.

    This agreement meets the red lines set out in the government’s manifesto – no return to the single market, no return to the customs union, and no return to freedom of movement.

    The UK will continue to hold talks with the European Union on the details of each commitment.

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    Published 19 May 2025

    MIL OSI United Kingdom –

    May 19, 2025
  • MIL-OSI Europe: Pope Leo: a united and missionary Church which becomes a ‘leaven’ for a reconciled world

    Source: Agenzia Fides – MIL OSI

    Sunday, 18 May 2025   pope  

    VaticanMedia

    Vatican City (Agenzia Fides) – “you have made us for yourself, and our heart is restless until it rests in you”, said Pope Leo XIV,addressing the many people gathered in St. Peter’s Square, the pilgrims who have come from all over the world to be close to him at the Mass marking the beginning of his Petrine ministry as Bishop of Rome. He looked out at the people, the representatives of the official delegations, the sister Churches, and other faith communities, and began his homily by quoting St. Augustine.Before the solemn Eucharistic celebration, which took place in the parvis of the Vatican Basilica, Pope Leo prayed at the tomb of St. Peter together with the Patriarchs of the Eastern Churches.During the Eucharistic celebration, the solemn presentation of the insignia marking the beginning of the pontificate took place. Cardinal Mario Zenari placed the pallium around the Pope’s neck. Cardinal Luis Antonio Tagle presented him with the Fisherman’s Ring.In his homily, Pope Leo spoke about the task that awaits him and the entire Church in a torn and wounded world.The “intense emotions” in these daysThe death of Pope Francis, according to the Bishop of Rome, and the “intense emotions” in these days, “has filled our hearts with sadness.” These were “difficult hours” in which “we felt like the crowds that the Gospel says were “like sheep without a shepherd”. Then, on Easter Sunday, we received his final blessing and, in the light of the resurrection, we experienced the days that followed in the certainty that the Lord never abandons his people, but gathers them when they are scattered and guards them “as a shepherd guards his flock”.”In the Conclave, the Cardinals, “from different backgrounds and experiences,” placed in God’s hands “the desire to elect the new Successor of Peter, the Bishop of Rome, a shepherd capable of preserving the rich heritage of the Christian faith and, at the same time, looking to the future, in order to confront the questions, concerns and challenges of today’s world.”The Love of God comes first”I was chosen, without any merit of my own,” Pope Leo said, “and I come to you as a brother, who desires to be the servant of your faith and your joy, walking with you on the path of God’s love, for he wants us all to be united in one family.” For “love and unity” are “the two dimensions of the mission entrusted to Peter by Jesus.”The mission that Christ entrusted to Peter and the first disciples, Pope Leo said, referring to the Gospel, “is the mission he received from the Father: to be a “fisher” of humanity in order to draw it up from the waters of evil and death.” And Peter, according to the Bishop of Rome, his successor, can only fulfill this task “because his own life was touched by the infinite and unconditional love of God, even in the hour of his failure and denial.” Only “if you have known and experienced this love of God, which never fails, will you be able to feed my lambs. Only in the love of God the Father will you be able to love your brothers and sisters with that same ‘more’, that is, by offering your life for your brothers and sisters.”Peter is thus “entrusted with the task of “loving more” and giving his life for the flock.” His successors are also called to this task, “because,” Pope Leo continues, “the Church of Rome presides in charity and its true authority is the charity of Christ.” Therefore, it is never a question of “capturing others by force, by religious propaganda or by means of power. Instead, it is always and only a question of loving as Jesus did.””Christ himself,” says Pope Leo, quoting the Apostle Peter in the Acts of the Apostles, “is the stone that was rejected by you, the builders, and has become the cornerstone” on which the Church is built. And if “the rock is Christ, Peter must shepherd the flock without ever yielding to the temptation to be an autocrat, lording it over those entrusted to him.” “On the contrary,” the new Bishop of Rome continued, “he is called to serve the faith of his brothers and sisters, and to walk alongside them.”A united Church for a reconciled world”I would like,” Pope Leo addressed his brothers and sisters, “that our first great desire be for a united Church, a sign of unity and communion, which becomes a leaven for a reconciled world.” In our time, Pope Leo admits, we still see “too much discord, too many wounds caused by hatred, violence, prejudice, the fear of difference, and an economic paradigm that exploits the Earth’s resources and marginalises the poorest.” Christians are called to be “a small leaven of unity, communion and fraternity within the world. We want to say to the world, with humility and joy: Look to Christ! Come closer to him! Welcome his word that enlightens and consoles! Listen to his offer of love and become his one family: in the one Christ, we are one,” the Pope exhorts, referring to the words of St. Augustine, which he has chosen as his episcopal motto. He thus points to the path “to follow together, among ourselves but also with our sister Christian churches, with those who follow other religious paths, with those who are searching for God, with all women and men of good will, in order to build a new world where peace reigns!”A “missionary Church” that allows itself to be made restless by historyThis is the “missionary spirit,” Pope Leo continued, “that must animate us; not closing ourselves off in our small groups, nor feeling superior to the world. We are called to offer God’s love to everyone, in order to achieve that unity which does not cancel out differences but values the personal history of each person and the social and religious culture of every people.” The missionary Church, which can grow “in the light and power of the Holy Spirit,” is “a Church that opens its arms to the world, proclaims the word, allows itself to be made “restless” by history, and becomes a leaven of harmony for humanity.” “Together, as one people, as brothers and sisters, let us walk towards God and love one another”, Pope Leo urges at the conclusion of his homily.Before the Regina Coeli prayer, Pope Leo emphasized that during the Mass he “strongly felt the spiritual presence of Pope Francis accompanying us from heaven.” “Reflecting on our participation in the communion of saints, I recall that yesterday in Chambéry, France, the priest Camille Costa de Beauregard, was beatified. He lived from the end of the 1800s to the beginning of the 1900s, and was a witness of great pastoral charity.”The Bishop of Rome also turned his thoughts to the brothers and sisters “who are suffering because of war. In Gaza, the surviving children, families and elderly are reduced to starvation. In Myanmar, new hostilities have cut short innocent young lives. Finally, war-torn Ukraine awaits negotiations for a just and lasting peace,” Pope Leo XIV said. (GV) (Agenzia Fides, 18/5/2025)
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    MIL OSI Europe News –

    May 19, 2025
  • India expected to clock 6.9 pc GDP growth in Q4 of FY25: Report

    Source: Government of India

    Source: Government of India (4)

    India’s GDP growth is expected to increase to 6.9 per cent in Q4 FY2025 from 6.2 per cent in Q3 FY2025 despite the enhanced global uncertainty due to the US tariff turmoil during the quarter, according to an ICRA report released on Monday.

    The report also highlights an increase in consumer sentiment in both the rural and urban areas.

    ICRA chief economist Aditi Nayar said, “In a quarter characterised by enhanced uncertainty on the global front, ICRA estimates India’s GDP growth to have risen to 6.9 per cent in Q4 FY2025 from 6.2 per cent in Q3 FY2025. Both private consumption and trends for investment activity were uneven in Q4 FY2025, with the latter partly owing to tariff-related uncertainty.”

    While the robust increase in the output of most rabi crops is likely to have boosted the agri-GVA growth in Q4 FY2025, the tepid pace of expansion in the industrial volume growth as well as the deterioration in the performance of several service-sector indicators is expected to have weighed on the GVA growth of these segments,” she added.

    Based on the available data for the Centre’s indirect taxes and subsidies, ICRA estimates that the growth in net indirect taxes rose quite sharply in the quarter from 6.8 per cent in Q3 FY2025, aided by a sharp contraction in the Centre’s subsidy disbursement (-33 per cent in Q4 FY2025 vs. +31.1 per cent in Q3 FY2025.

    Against the backdrop of trade-related uncertainty triggered by the US tariffs, India’s investment activity showcased a mixed trend in Q4 FY2025. The year-on-year performance of six of the 11 investment-related high-frequency indicators improved in Q4 over Q3, mostly pertaining to the construction sector, including infrastructure/construction goods’ output, cement production, and finished steel consumption.

    Additionally, state-investor meets in Madhya Pradesh, Kerala, Karnataka, and West Bengal pushed up project announcements to record levels of Rs 19.2 lakh crore in Q4 FY2025 (vs Rs 16.1 lakh crore in Q4 FY2024).

    The Centre’s capex in Q4 FY2025 reflected in the revised budget estimate, would imply a healthy YoY growth of around 21 per cent during the quarter.

    While the pace of YoY expansion of services exports slowed to 14.1 per cent in Q4 FY2025 from 17.9 per cent in Q3 FY2025, it continued to print in double digits for the third consecutive quarter. Notably, services exports stood at $102.0 billion in Q4 FY2025, the highest level seen in the Q4 of any fiscal, the report points out.

    Rural sentiments, as reflected in the Current Situation Index (CSI), improved somewhat in January 2025, likely aided by cash flows from the kharif harvest and favourable trends in rabi sowing and output.

    Interestingly, the March 2025 round of the RBI’s Urban Consumer Confidence Survey, which is conducted in 19 major cities, revealed that urban consumer sentiments improved further, with the CSI rising to 95.5 from 93.7 in January 2025, the report added.

    (IANS)

    May 19, 2025
  • MIL-OSI: CBAK Energy Reports First Quater 2025 Unaudited Financial Results

    Source: GlobeNewswire (MIL-OSI)

    DALIAN, China, May 19, 2025 (GLOBE NEWSWIRE) — CBAK Energy Technology, Inc. (NASDAQ: CBAT) (“CBAK Energy,” or the “Company”) a leading lithium-ion battery manufacturer and electric energy solution provider in China, today reported its unaudited financial results for the first quarter ended March 31, 2025.

    First Quater of 2025 Financial Results

    Net revenues1 were $34.9 million, representing a decrease of 41% compared to $58.8 million in the same period of 2024. The substantial decline primarily stems from our Dalian facilities, where a major portion of customers are in the residential energy supply sector. These facilities are currently undergoing a product portfolio upgrade, transitioning from Model 26650 to Model 40135. Customers who previously purchased Model 26650 are now in a transitional phase of testing and validating the new Model 40135. We anticipate a gradual recovery as both existing and potential customers complete the validation of Model 40135.

    Among these revenues, detailed revenues from our battery business are:

    Battery Business   2024
    First Quater
        2025
    First Quater
        % Change
    YoY
    Net Revenues ($)   44,837,869     20,363,338     -54.6
    Gross Profits ($)   18,458,522     4,720,102     -74.4
    Gross Margin   41.2 %   23.2 %   –
    Net Income ($)   11,682,429     336,861     -97.1
    Net Revenues from Battery Business on Applications ($)                
    Electric Vehicles   480,181     537,507     11.9
    Light Electric Vehicles   1,510,292     2,844,874     88.4
    Residential Energy Supply & Uninterruptable supplies   42,847,396     16,980,957     -60.4
    Total   44,837,869     20,363,338     -54.6
    1 Net revenues consist of the Company’s self-operated battery business and Hitrans, which was acquired in 2021, an independently managed raw materials business.


    Cost of revenues
    was $30.14 million, representing a decrease of 24.7% from $40.0 million in the same period of 2024.

    Gross profit was $4.8 million, representing an decrease of 74.43% from $18.78 million in the same period of 2024. Gross margin was 13.7%, compared to 31.9% in the same period of 2024.

    Operating loss amounted to $2.86 million, compared to an operating income of $10.3 million in the same period of 2024.

    Net loss attributable to shareholders of CBAK Energy was $1.58 million, compared to net income attributable to shareholders of CBAK Energy of $9.8 million in the same period of 2024.

    Basic and diluted loss per share were both $0.02, compared to basic and diluted income per share of $0.11 in 2024.

    Zhiguang Hu, Chief Executive Officer of the Company, commented, “As anticipated, we experienced a significant 41% year-over-year decline in net revenues. This decrease was expected, as Model 26650 — a cell developed in 2006 and still produced at our Dalian facilities — has become largely outdated. Both existing and potential customers are currently transitioning from Model 26650 to the more advanced Model 40135. We are confident that, upon completing the construction of new manufacturing lines for Model 40135 in the second half of this year, and as customers finalize product validation, our revenues will begin to recover gradually.”

    Jiewei Li, Chief Financial Officer and Secretary of the Board, added, “As Mr. Hu emphasized, we expect to recover once the product portfolio upgrade at our Dalian facilities is completed. Meanwhile, our Nanjing facilities continue to experience strong growth momentum, driven by robust market demand for Model 32140, our most advanced and flagship product to date. Additionally, we are in the final stages of securing a long-term order from one of our key customers, which we hope to finalize and share with our shareholders in the near future.”

    Conference Call

    CBAK Energy’s management will host an earnings conference call at 9:00 AM U.S. Eastern Time on Monday, May 19, 2025 (9:00 PM Beijing/Hong Kong Time on May 19, 2025).

    For participants who wish to join our call online, please visit:
    https://edge.media-server.com/mmc/p/wfu5unoh

    Participants who plan to ask questions during the call will need to register at least 15 minutes prior to the scheduled call start time using the link provided below. Upon registration, participants will receive the conference call access information, including dial-in numbers, a unique pin, and an email with detailed instructions.

    Participant Online Registration:
    https://register-conf.media-server.com/register/BIb49b754e574a43e68068965ba0234966

    Once completing the registration, please dial-in at least 10 minutes before the scheduled start time of the conference call and enter the personal pin as instructed to connect to the call.

    A replay of the conference call may be accessed within seven days after the conclusion of the live call at the following website: https://edge.media-server.com/mmc/p/wfu5unoh

    The earnings release and the link for the replay are available at ir.cbak.com.cn

    About CBAK Energy

    CBAK Energy Technology, Inc. (NASDAQ: CBAT) is a leading high-tech enterprise in China engaged in the development, manufacturing, and sales of new energy high power lithium and sodium batteries, as well as the production of raw materials for use in manufacturing high power lithium batteries. The applications of the Company’s products and solutions include electric vehicles, light electric vehicles, energy storage and other high-power applications. In January 2006, CBAK Energy became the first lithium battery manufacturer in China listed on the Nasdaq Stock Market. CBAK Energy has multiple operating subsidiaries in Dalian, Nanjing, Shaoxing and Shangqiu, as well as a large-scale R&D and production base in Dalian.

    For more information, please visit ir.cbak.com.cn

    Safe Harbor Statement

    This press release contains “forward-looking statements” that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, strategy and plans, and our expectations for future operations, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. We have attempted to identify forward-looking statements by terminology including “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “should,” or “will” or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements.

    Any forward-looking statements contained in this press release are only estimates or predictions of future events based on information currently available to our management and management’s current beliefs about the potential outcome of future events. Whether these future events will occur as management anticipates, whether we will achieve our business objectives, and whether our revenues, operating results, or financial condition will improve in future periods are subject to numerous risks. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: significant legal and operational risks associated with having substantially all of our business operations in China, that the Chinese government may exercise significant oversight and discretion over the conduct of our business and may intervene in or influence our operations at any time, which could result in a material change in our operations and/or the value of our securities or could significantly limit or completely hinder our ability to offer or continue to offer securities to investors and could cause the value of such securities to significantly decline or be worthless, the effects of the global Covid-19 pandemic or other health epidemics, changes in domestic and foreign laws, regulations and taxes, the volatility of the securities markets; and other risks including, but not limited to, the ability of the Company to meet its contractual obligations, the uncertain markets for the Company’s products and business, macroeconomic, technological, regulatory, or other factors affecting the profitability of our products and solutions that we discussed or referred to in the Company’s disclosure documents filed with the U.S. Securities and Exchange Commission (the “SEC”) available on the SEC’s website at www.sec.gov, including the Company’s most recent Annual Report on Form 10-K as well as in our other reports filed or furnished from time to time with the SEC. You should read these factors and the other cautionary statements made in this press release. If one or more of these factors materialize, or if any underlying assumptions prove incorrect, our actual results, performance or achievements may vary materially from any future results, performance or achievements expressed or implied by these forward-looking statements. The forward-looking statements included in this press release are made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking statements, other than as required by applicable law.

    For further inquiries, please contact:

    In China:

    CBAK Energy Technology, Inc.
    Investor Relations Department
    Email: ir@cbak.com.cn

    CBAK Energy Technology, Inc. and Subsidiaries
    Condensed Consolidated Balance Sheets
    As of December 31, 2024 and March 31, 2025
    (Unaudited)
    (In US$ except for number of shares)
     
      December 31,
    2024
        March 31,
    2025
     
    Assets          
    Current assets          
    Cash and cash equivalents $ 6,724,360     $ 4,052,010  
    Pledged deposits   54,061,642       43,482,693  
    Term deposits   4,237,090       5,530,030  
    Trade and bills receivable, net   32,938,918       40,835,093  
    Inventories   22,851,027       30,803,486  
    Prepayments and other receivables   20,004,966       17,991,265  
    Receivables from former subsidiary   12,399       9,011  
    Income tax recoverable   566,458       455,342  
    Total current assets   141,396,860       143,158,930  
                   
    Property, plant and equipment, net   85,486,829       84,283,683  
    Construction in progress   42,526,859       51,527,443  
    Long-term investments, net   2,246,494       2,313,725  
    Prepaid land use rights   11,075,973       11,056,715  
    Intangible assets, net   382,962       268,398  
    Deposit paid for acquisition of long-term investments   15,864,318       15,949,095  
    Operating lease right-of-use assets, net   3,237,849       2,906,652  
    Total assets $ 302,218,144     $ 311,464,641  
                   
    Liabilities              
    Current liabilities              
    Trade and bills payable   84,724,386       93,398,948  
    Short-term bank borrowings   26,087,350       29,301,628  
    Other short-term loans   335,715       335,905  
    Accrued expenses and other payables   58,285,635       50,305,373  
    Payable to a former subsidiary, net   419,849       418,211  
    Deferred government grants, current   556,214       559,186  
    Product warranty provisions   23,426       23,000  
    Operating lease liability, current   1,268,405       1,159,373  
    Total current liabilities   171,700,980       175,501,624  
                   
    Long-term bank borrowings   –       4,131,890  
    Deferred government grants, non-current   7,580,255       10,272,610  
    Product warranty provisions   420,688       417,565  
    Operating lease liability, non-current   2,449,056       2,397,859  
    Total liabilities   182,150,979       192,721,548  
                   
    Commitments and contingencies              
                   
    Shareholders’ equity              
    Common stock $0.001 par value; 500,000,000 authorized; 90,083,396 issued and 89,939,190 outstanding as of December 31, 2024; and 90,083,868 issued and 89,939,662 outstanding as of March 31, 2025   90,083       90,083  
    Donated shares   14,101,689       14,101,689  
    Additional paid-in capital   247,842,445       247,869,511  
    Statutory reserves   1,230,511       3,042,602  
    Accumulated deficit   (122,605,730 )     (125,997,055 )
    Accumulated other comprehensive loss   (14,919,345 )     (14,248,434 )
        125,739,653       124,858,396  
                   
    Less: Treasury shares   (4,066,610 )     (4,066,610 )
                   
    Total shareholders’ equity   121,673,043       120,791,786  
    Non-controlling interests   (1,605,878 )     (2,048,693 )
    Total equity   120,067,165       118,743,093  
                   
    Total liabilities and shareholder’s equity $ 302,218,144     $ 311,464,641  

     

    CBAK Energy Technology, Inc. and Subsidiaries
    Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)
    For the three months ended March 31, 2024 and 2025
    (Unaudited)
    (In US$ except for number of shares)
     
      Three months ended
    March 31,
     
      2024     2025  
    Net revenues $ 58,822,432     $ 34,938,901  
    Cost of revenues   (40,041,385 )     (30,137,167 )
    Gross profit   18,781,047       4,801,734  
    Operating expenses:              
    Research and development expenses   (2,815,518 )     (3,023,961 )
    Sales and marketing expenses   (1,724,032 )     (896,050 )
    General and administrative expenses   (4,092,527 )     (3,804,137 )
    Allowance of credit losses and bad debts written off, net   114,013       58,395  
    Total operating expenses   (8,518,064 )     (7,665,753 )
    Operating income (loss)   10,262,983       (2,864,019 )
    Finance income, net   9,663       45,120  
    Other income, net   367,438       712,792  
    Share of (loss) income of equity investee   (18,824 )     55,125  
    Income (loss) before income tax   10,621,260       (2, 050,982 )
    Income tax expenses   (1,048,786 )     –  
    Net income (loss)   9,572,474       (2, 050,982 )
    Less: Net loss attributable to non-controlling interests   263,976       471,748  
    Net income (loss) attributable to shareholders of CBAK Energy Technology, Inc. $ 9,836,450     $ (1,579,234 )
                   
    Net income (loss)   9,572,474       (2,050,982 )
    Other comprehensive income (loss)              
    – Foreign currency translation adjustment   (1,906,048 )     699,844  
    Comprehensive income (loss)   7,666,426       (1,315,138 )
    Less: Comprehensive loss attributable to non-controlling interests   274,223       442,816  
    Comprehensive income (loss) attributable to CBAK Energy Technology, Inc. $ 7,940,649     $ (908,322 )
                   
    Income (loss) per share              
    – Basic $ 0.11     $ (0.02 )
    – Diluted $ 0.11     $ (0.02 )
                   
    Weighted average number of shares of common stock:              
    – Basic   89,925,024       89,938,690  
    – Diluted   90,123,965       89,938,690  

    The MIL Network –

    May 19, 2025
  • MIL-OSI: MEXC Launches Pizza Day Lucky Wheel Event Offering Over $100,000 in BTC and Hot Tokens

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, May 19, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, has announced the launch of the Pizza Day Lucky Wheel event to celebrate Bitcoin Pizza Day. Bitcoin Pizza Day originated on May 22, 2010, when a programmer purchased two pizzas for 10,000 Bitcoins, marking the first real-world transaction using Bitcoin and symbolizing a key milestone in cryptocurrency’s practical application. In this event, users will have the opportunity to share over $100,000 in BTC and other hot tokens.

    Event Details

    The Pizza Day Lucky Wheel event runs from May 19, 12:00 to May 28, 2025, 12:00 (UTC).

    How to Participate

    • Register for the event on the official MEXC platform.
    • Complete the tasks listed on the event page to earn spin chances.
    • Spin the Wheel to win BTC, hot tokens, and other rewards.

    Bonus Offer
    Users who invite friends to join MEXC using a referral code can receive a 10 USDT token gift pack for each friend who registers and completes a task. Each referrer can earn up to five gift packs on a first-come, first-served basis. For more details and to participate in the Pizza Day Lucky Wheel event, please visit here.

    In addition to the Pizza Day Lucky Wheel event, MEXC has launched various regional events to celebrate Pizza Day, providing generous rewards. Details of these events can be found below:

    • Europe, Latin America, UK, Canada, Australia, New Zealand: May 6, 13:00 – May 22, 18:00 (UTC+3)
    • Taipei: May 18, 14:00 – 19:30, 2025 (UTC+8)
    • MENA: May 18, 21:00 – June 10, 21:00, 2025 (UTC)
    • CIS: May 16, 10:00 – May 31, 15:00, 2025 (UTC)
    • Vietnam: May 15, 16:00 – May 31, 15:00, 2025 (UTC)

    As a firm believer in the cultural value of crypto, MEXC actively promotes community engagement through creative, culturally inspired events. These initiatives enrich the user experience and help shape a more inclusive and participatory crypto ecosystem.

    About MEXC
    Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
    MEXC Official Website| X | Telegram |How to Sign Up on MEXC

    Source

    Contact:
    Lucia Hu
    lucia.hu@mexc.com

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

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a5d6bc55-13e5-4c09-8e0a-a6aeb1f78c18

    The MIL Network –

    May 19, 2025
  • MIL-OSI: Nasdaq Notification Regarding Minimum Bid Price Requirement and Minimum Market Value of Listed Securities

    Source: GlobeNewswire (MIL-OSI)

    Nasdaq Notification Regarding Minimum Bid Price Requirement

    SINGAPORE, May 19, 2025 (GLOBE NEWSWIRE) — Trident Digital Tech Holdings Ltd (“Trident” or the “Company,” NASDAQ: TDTH), a leading catalyst for digital transformation in technology optimization services and Web 3.0 activation based in Singapore, has received a notification letter, dated May 13, 2025, from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the minimum bid price per share of its securities was below $1.00 for a period of 32 consecutive business days and that the Company did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”).

    The notification letter has no immediate effect on the listing of the Company’s securities, and the Company’s securities continue to trade on Nasdaq under the symbol “TDTH”.

    Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of one hundred eighty (180) calendar days, or until November 10, 2025 (the “Compliance Period”), to regain compliance with Nasdaq’s Minimum Bid Price Requirement. If at any time during the Compliance Period, the closing bid price per share of the Company’s securities is at least $1.00 for a minimum of ten (10) consecutive business days, Nasdaq will provide the Company a written confirmation of compliance and the matter will be closed.

    In the event the Company does not regain compliance by November 10, 2025, the Company may be eligible for an additional 180 calendar day grace period. To qualify, the Company will be required to meet the 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, including by effecting a reverse stock split, if necessary.

    The Company intends to monitor the closing bid price of its securities and will consider its options in order to regain compliance with the Minimum Bid Price Requirement.

    Nasdaq Notification Regarding Minimum Market Value of Listed Securities

    On May 13, 2025, the Company received a letter from Nasdaq indicating that, based upon the Company’s market value of listed securities (“MVLS”) for the 31 consecutive business day period from March 28, 2025 through May 12, 2025, the Company did not maintain the minimum MVLS of US$35,000,000 required for continued listing on the Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(b)(2). The Company will be afforded a period of 180 calendar days, or until November 10, 2025 (the “MVLS Compliance Period”), in which to regain compliance pursuant to Nasdaq Listing Rule 5810(c)(3)(C).

    In order to regain compliance with Nasdaq’s minimum MVLS requirement, the minimum MVLS of the Company must meet or exceed US$35,000,000 for a minimum of ten consecutive business days during the MVLS Compliance Period. In the event the Company does not regain compliance by the end of the MVLS Compliance Period, the Company will receive written notification that its securities are subject to delisting, which the Company may appeal to a hearings panel.

    The Company intends to continue to monitor its MVLS between now and November 10, 2025, and will consider the various options available to the Company if its listed securities do not trade at a level that is likely to regain compliance. There can be no assurance that the Company will be able to regain compliance with the MVLS requirement or maintain compliance with any of the other Nasdaq Capital Market continued listing requirements.

    The foregoing letter has no immediate effect on the listing of the Company’s securities, which will continue to be listed and traded on Nasdaq under the symbol “TDTH”, subject to the Company’s compliance with the other continued listing requirements of the Nasdaq Capital Market.

    About Trident

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

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

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

    Safe Harbor Statement

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

    For Investor/Media Enquiries

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

    The MIL Network –

    May 19, 2025
  • MIL-OSI Russia: Two killed, two injured in knife attack in South Korea

    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

    SEOUL, May 19 (Xinhua) — Two people were killed and two others injured in a knife attack in South Korea, and the suspect is on the run, Renhap News Agency reported Monday.

    The suspect fled after stabbing a woman in her 60s at a convenience store in Siheung City, 30 km southwest of Seoul, at around 9:34 a.m. local time. The woman was taken to hospital with serious stab wounds to her stomach and face.

    The unidentified body of a man in his 50s was found in the suspect’s home after police established his car number, home address and identity. The body had likely been there for several days.

    The suspect stabbed another man in his 70s at a sports park 2km from the store at around 1:21pm local time. The man was seriously wounded in the stomach and taken to hospital for treatment.

    Police found another unidentified body in a house opposite the store at around 2 p.m. local time. –0–

    MIL OSI Russia News –

    May 19, 2025
  • MIL-OSI Asia-Pac: Driving licence renewals streamlined

    Source: Hong Kong Information Services

    The Transport Department today announced that it will cease accepting paper applications for the renewal of Full Driving Licences (FDL) via the drop-in boxes at designated post offices from June 1 to enhance service efficiency.

    At present, an FDL holder should renew the licence within four months before its expiry date or within three years after it has expired. An online renewal application can be submitted via GovHK, using an “iAM Smart+” account with the digital signing function or a valid personal digital certificate.

    To remind and enable the public to renew their licence in time, the department will send by post the “FDL Renewal Notice & Application Form” (form TD 578) to licence holders around three months prior to its expiry, and a reminder (form TD 601) to those whose FDLs have expired for nearly three years and are yet to be renewed. Both forms are printed with a renewal password.

    People may submit an online application using the renewal password and other personal information, including their identification document number, for authentication to complete renewal procedures.

    If the applicant’s address has not changed within three months upon receipt of the Renewal Password, submission of address proof is not required during the online application process.

    As of end-April, nearly half of FDL applicants have opted for online renewal, making it the most popular local e-licensing service after the International Driving Permit. The department therefore implements the service adjustment to make better use of public resources.

    As for paper applications, the current arrangements for submission through the counters and drop-in boxes at the Transport Department’s Licensing Offices and by post remain unchanged.

    Click here for details of renewing the Full Driving Licence.

    MIL OSI Asia Pacific News –

    May 19, 2025
  • Deeply concerned: PM Modi wishes Joe Biden a speedy recovery after prostate cancer diagnosis

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Monday wished former U.S. President Joe Biden a fast and full recovery after it was revealed that he has been diagnosed with an aggressive prostate cancer.

    Taking to the social media platform X, PM Modi said: “Deeply concerned to hear about Joe Biden’s health. Extend our best wishes to him for a quick and full recovery. Our thoughts are with Dr. Jill Biden and the family.”

    Biden’s office, in a statement issued Sunday, revealed that the president had recently undergone a medical evaluation due to worsening urinary symptoms.

    “Last week, President Joe Biden was seen for a new finding of a prostate nodule after experiencing increasing urinary symptoms,” the statement said.

    “On Friday, he was diagnosed with prostate cancer, characterised by a Gleason score of 9 (Grade Group 5), with metastasis to the bone,” it added.

    Although the diagnosis indicates a severe form of the disease, Biden’s physicians noted that the cancer appears to be hormone-sensitive, which allows for effective management.

    “While this represents a more aggressive form of the disease, the cancer appears to be hormone-sensitive, which allows for effective management,” the statement said. “The president and his family are reviewing treatment options with his physicians.”

    Former U.S. President Donald Trump also commented on the diagnosis via his Truth Social platform:
    “Melania and I are saddened to hear about Joe Biden’s recent medical diagnosis. We extend our warmest and best wishes to Jill and the family, and we wish Joe a fast and successful recovery.”

    The news has reignited political and public discussions around President Biden’s health.

    President Biden lost his son, Beau Biden, to cancer in 2015, and has since championed cancer research initiatives—first as vice president under Barack Obama and later as president—through the Cancer Moonshot program.

    IANS

    May 19, 2025
  • Record 6.98 lakh Olive Ridley turtles protected by Indian Coast Guard’s ‘Operation Olivia’

    Source: Government of India

    Source: Government of India (4)

    In a significant achievement for marine conservation, the Indian Coast Guard’s (ICG) annual initiative, Operation Olivia, has successfully protected over 6.98 lakh Olive Ridley turtles during their mass nesting at the Rushikulya river mouth in Odisha in February 2025.

    Conducted each year from November to May, Operation Olivia plays a crucial role in safeguarding the endangered Olive Ridley turtles, particularly along Odisha’s coast, including Gahirmatha Beach — one of the world’s largest nesting grounds. These coastal stretches witness the arrival of more than eight lakh turtles annually.

    This year’s record nesting at the Rushikulya river mouth is being hailed as a milestone, highlighting the effectiveness of the ICG’s sustained efforts. The operation involves round-the-clock patrolling, aerial surveillance, and close coordination with local stakeholders to protect the turtles during their breeding season.

    Since the inception of the operation, the ICG has conducted over 5,387 surface patrol sorties and 1,768 aerial surveillance missions. These measures have led to a significant decline in threats such as illegal fishing and habitat disruption. Notably, 366 boats engaged in illegal fishing activities were detained, underscoring the ICG’s strong enforcement capabilities.

    In addition to enforcement, the Coast Guard has actively collaborated with coastal communities, promoting the use of Turtle Excluder Devices (TEDs) in fishing nets and signing Memorandums of Understanding (MoUs) with NGOs to support conservation education and sustainable fishing practices.

    Officials said this integrated approach has played a pivotal role in creating a safer and more sustainable environment for Olive Ridley turtles, whose conservation is key to maintaining marine biodiversity along India’s eastern coast.

    May 19, 2025
  • Over 3,000 Election Staff Now Trained Nationwide as New Jharkhand Batch Starts in Delhi

    Source: Government of India

    Source: Government of India (4)

    Chief Election Commissioner (CEC) Gyanesh Kumar on Monday inaugurated a two-day capacity-building programme for Booth Level Officers (BLOs), Supervisors, and other election officials from Jharkhand at the India International Institute of Democracy and Election Management (IIIDEM), New Delhi.

    According to an official statement from the Election Commission of India (ECI), a total of 402 participants—including District Election Officers (DEOs), Electoral Registration Officers (EROs), BLOs, and BLO Supervisors—are attending the training. Over the past three months, the Commission has trained more than 3,000 such election functionaries from across the country at IIIDEM.

    In his address, CEC Gyanesh Kumar lauded the dedication and grassroots-level efforts of Jharkhand’s electoral officials, particularly in the area of voter enrolment. He also urged participants to enhance public awareness about the appellate provisions under Sections 24(a) and 24(b) of the Representation of the People Act, 1950.

    These provisions allow electors to file first appeals with the District Magistrate, District Collector, or Executive Magistrate, and second appeals with the Chief Electoral Officer (CEO) of the respective State or Union Territory. Notably, no appeals were filed from Jharkhand following the Special Summary Revision (SSR) exercise held between January 6 and 10, reflecting the effectiveness of the preparatory work.

    The training programme focuses on equipping participants with comprehensive knowledge of electoral laws, including the Representation of the People Acts of 1950 and 1951, the Registration of Electors Rules, 1960, the Conduct of Election Rules, 1961, and updated instructions issued by the ECI.

    The curriculum features interactive sessions, role plays, simulations of house-to-house surveys, and hands-on exercises for accurately filling Forms 6, 7, and 8. In addition, participants will receive practical training on the Voter Helpline App (VHA) and various IT tools used in electoral management. Demonstrations on Electronic Voting Machines (EVMs), Voter Verifiable Paper Audit Trails (VVPATs), and mock poll procedures are also part of the programme.

    May 19, 2025
  • US Vice President meets Pope Leo, an American known for past criticism of Trump

    Source: Government of India

    Source: Government of India (4)

    Pope Leo XIV, a U.S. citizen who as a cardinal criticised the Trump administration’s hard-line immigration policies, met at the Vatican on Monday with U.S. Vice President JD Vance, who converted to Roman Catholicism as an adult.

    A Vatican readout confirmed that Vance and Leo had met but offered no details about their discussions. A Vance spokesperson said they met one-on-one before being joined by Secretary of State Marco Rubio, who is also Catholic.

    Vatican handout photos showed Vance and Rubio smiling as they were seated across from Leo at the pope’s official desk in the Vatican’s apostolic palace.

    Leo, the Chicago-born former Cardinal Robert Prevost, is a relative unknown on the global stage, elected as the new pope on May 8.

    While a cardinal, he issued several disapproving posts about the administration’s policies on his X account, reflecting his concern about migrants. The Vatican has not confirmed or denied that the posts were authentic.

    The late Pope Francis, who died on April 21, was a champion of the poor and of immigrants who frequently criticised the Trump administration. He called Trump’s plan to deport millions of migrants a “disgrace” and rebuked Vance for arguing that the bible calls on Christians to prioritise love for their families and countrymen over strangers and foreigners.

    Vance met briefly with Francis on Easter Sunday, the day before the pontiff died.

    Vance and Rubio have been in Rome to lead the U.S. delegation at Leo’s inaugural Mass as pope, held on Sunday among crowds of an estimated 200,000 people in St. Peter’s Square.

    After meeting Leo, Vance met on Monday with officials at the Vatican’s Secretariat of State, the Church’s top diplomatic office. A Vatican readout called those talks “cordial”.

    “There was an exchange of views on some current international issues, calling for respect for humanitarian law and international law in areas of conflict and for a negotiated solution between the parties involved,” it said.

    REUTERS

    May 19, 2025
  • MIL-OSI Economics: ASEAN, the Netherlands, Committed to Advancing Development Partnership

    Source: ASEAN

    ASEAN and the Netherlands convened the Second Meeting of the ASEAN-Netherlands Development Partnership Committee today at the ASEAN Headquarters/ASEAN Secretariat. Both sides commemorated reviewed progress made under the ASEAN-Netherlands Norway Practical Cooperation Areas (2025-2029). They also reaffirmed their shared commitment to strengthening cooperation across areas of common interest to bring the partnership to greater heights.
     

    MIL OSI Economics –

    May 19, 2025
  • MIL-OSI NGOs: Yemen: US air strike that has left dozens of migrants dead must be investigated

    Source: Amnesty International –

    A US air strike on a migrant detention centre in Sa’ada, north-western Yemen on 28 April killed and injured dozens of migrants and must be investigated as a violation of international humanitarian law, said Amnesty International today, amid reports that hundreds of people have been killed and injured as a result of US air strikes on Yemen since March 2025.

    According to satellite imagery analysis, the US attacks carried out on Sa’ada prison compound struck the migrant detention centre and another building on the site.

    Amnesty International spoke with three individuals who work with African migrant and refugee communities in Yemen.  Two of them, who had visited the migrant detention centre as well as two nearby hospitals, and their morgues in the aftermath of the air strike, confirmed witnessing evidence of a high number of casualties.  The organization also analysed satellite imagery and video footage of horrific scenes showing migrants’ bodies strewn across rubble and rescuers trying to pull badly wounded survivors from the debris.  

    “The US attacked a well-known detention facility where the Huthis have been detaining migrants who had no means to take shelter. The major loss of civilian life in this attack raises serious concerns about whether the US complied with its obligations under international humanitarian law, including the rules on distinction and precautions,” said Agnès Callamard, Amnesty International’s Secretary General.

    “The US must conduct a prompt, independent and transparent investigation into this air strike and into any other air strikes that have resulted in civilian casualties as well as those where the rules of international humanitarian law may have been violated.”

    The major loss of civilian life in this attack raises serious concerns about whether the US complied with its obligations under international humanitarian law, including the rules on distinction and precautions,

    Agnès Callamard, Amnesty International’s Secretary General

    Witnesses who visited the Republican hospital and al Talh General hospital in Sa’ada, told Amnesty International they saw more than two dozen Ethiopian migrants who sustained injuries including severe amputations and fractures. They also said that the morgues at the hospitals ran out of space to receive dead bodies, so casualties received from the air strike had to be stacked outside. The ICRC, whose staff were at the site in the immediate aftermath of the attack, also confirmed in a statement a high number of casualties, many of whom were migrants.

    Under international humanitarian law attacking forces have an obligation to do everything feasible to distinguish between military and civilian targets, to verify whether their intended target is a military objective and to cancel an attack if there is doubt.  When attacking a military objective, parties to a conflict must also take all feasible precautions to minimise harm to civilians in the vicinity. 

    If civilian harm is found to have occurred, victims and their families should receive full reparation for violations of international humanitarian law. Furthermore, if investigations find that there were direct attacks on civilians and civilian objects or indiscriminate attacks striking military targets and civilians without distinction and which killed or injured civilians, they should be investigated and treated as violations of internation law and potential war crimes.

    Amnesty International’s arms experts analysed photos of the remnants of the weapons used in the attack and identified fragments of at least two 250 pound precision-guided GBU-39 Small Diameter Bombs. US Central Command did not announce the target of the attack but a US defense official said they were assessing “claims” of civilian casualties in the strike, and conducting “our battle-damage assessment”. This assessment, including any conclusions related to civilian harm and efforts to respond to it, should promptly be made public.

    Satellite imagery showing Sa’ada prison compound before the US air strike © 2025 Planet Labs PBC
    Satellite imagery showing the site after the US air strike © 2025 Planet Labs PBC

    The US should have known Sa’ada prison was a detention facility, that has been used for years by the Huthis to detain migrants and that it was regularly visited by ICRC. They should also have known that any aerial attack could result in significant civilian harm.

     Amnesty also recalls that another detention facility within the same Sa’ada prison compound was hit by a Saudi-led coalition air strike on 21 January 2022, using a US-made precision guided munition, killing more than 90 detainees and injuring dozens. According to satellite imagery, since that strike in 2022 the Huthi de facto authorities have constructed additional buildings at that location, one of which was also struck on 28 April.

    Amnesty International was unable to conclusively identify a legitimate military target within the Sa’ada prison compound. Restrictions by the Huthi de facto authorities on independent investigations, including access to the second location struck on 28 April, limit our ability to fully investigate the attack, or to rule out the possibility that there were military objectives within the prison compound. Any attack that fails to distinguish between civilians and civilian objects on the one hand, and legitimate military targets on the other, even within the same compound, constitutes an indiscriminate attack and a violation of international humanitarian law.

     ‘Shock and horror on their faces’

    Amnesty International analysed dozens of videos and photos published by Huthi al Masira TV channel in addition to seven videos privately shared by one witness. This digital evidence showing bodies scattered in the rubble points to dozens of civilian migrant deaths and injuries in the air strike on the detention centre.

    The Huthi-run Ministry of Interior stated that, at the time of the attack, the detention facility was holding 115 African migrant detainees, of whom 68 were killed and 47 were injured.  If this number of casualties proves accurate, it would be the worst case of civilian harm in a single incident by the US military since an air strike in Mosul, Iraq in 2017.

    Amnesty International could not independently verify the death toll, nor speak to survivors or medical workers, due to the Huthis’ ongoing crackdown on civic space. Huthi officials have issued several statements and directives prohibiting people from sharing names, photos, or any information related to the US air strikes’ casualties on social media and other public platforms. Multiple people said they were afraid to speak out of fear of reprisal. In recent years, aid workers, journalists and activists have been detained by the Huthis and accused of espionage.

    Despite this, Amnesty International was able to speak, on condition of anonymity, with three individuals working with African migrant and refugee communities who said that all the migrant detainees held at this detention centre were Ethiopian, with the exception of one Eritrean.  

    One witness said he saw 25 injured migrants in the Republican hospital and nine in Al Talh General hospital in Sa’ada: “They suffered from different fractures and bruises. Some were in critical condition and two had amputated legs… The morgue in the Republican hospital was overwhelmed and there was no place left for tens of corpses that were still left outside the morgue for the second day.”

    Another witness who visited both hospitals and spoke to dozens of the injured Ethiopian migrants said:

    “They told me they were sleeping when they were hit with the first missile at around 4 a.m. in the morning (…) They said they woke up to find dismembered bodies around them. You could see the shock and horror on their faces. Some were still unable to speak because of the trauma.”

    On 27 April, a day before the attack, US Central Command announced it had struck over 800 targets in Yemen since 15 March and that they were intentionally limiting disclosing information about their operations for reasons of operational security.

    US Congress should ensure ongoing efforts to mitigate civilian harm

    Critical systems put in place in recent years building on work started under the first Trump Administration to reduce and better respond to civilian harm caused by US lethal actions abroad are under threat by the current Trump Administration. News outlets have reported that programs at the Defense Department focused on civilian harm mitigation and response are being gutted, and that the US President has rolled back constraints on commanders authorizing certain types of air strikes and special operations.  It has also been reported that Defense Secretary Pete Hegseth fired the top military lawyers responsible for ensuring compliance with international humanitarian law in military operations.

    “At a time when the US appears to be shrinking efforts aimed at reducing civilian harm by US lethal actions, the US Congress should play its oversight role and demand information on investigations to date on these strikes. Congress must further ensure that civilian harm mitigation and response mechanisms remain intact and robustly respond to this and other recent incidents,” said Agnès Callamard.

    Background

     Between November 2023 and January 2025, Huthi armed forces have targeted at least 74 commercial and military vessels in the Red Sea, the Gulf of Aden and the Indian Ocean, which they claimed were linked to Israel, the USA or the UK.

    US President Joe Biden began air strikes against the Huthis in 2024. The new wave of US strikes under the Trump Administration started on 15 March 2025 after the Huthis announced on 11 March that they would resume attacks on Israeli ships passing through the Red and Arabian seas in response to Israel blocking aid into the occupied Gaza Strip.

    Since 15 March, the Huthis have launched missiles and drones at the USS Harry S. Truman, an aircraft carrier stationed in the Red Sea. They have also resumed their attacks on Israel, striking near Tel Aviv’s Ben Gurion Airport on 4 May. Israel retaliated in May with air strikes including on Hodeidah port and Sana’a airport.

    On 6 May, the US announced it was ending its military campaign against the Huthis in Yemen.

    MIL OSI NGO –

    May 19, 2025
  • MIL-OSI Banking: Thales to provide a cyber-secured and AI-powered autonomous mine countermeasures system to the Republic of Singapore Navy

    Source: Thales Group

    Headline: Thales to provide a cyber-secured and AI-powered autonomous mine countermeasures system to the Republic of Singapore Navy

    19 May 2025

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    • The unique, sea-proven Pathmaster solution will enable the Navy to accurately detect, classify, and localise mines in one of the busiest maritime straits in the region, in real-time. The solution includes Towed Synthetic Aperture Sonar (TSAS), the MiMap sonar data analysis tool and the M-Cube mission management system.
    • The system will be supported by the Thales Singapore Defence Hub, established in 2023 to provide maintenance, support services, operational availabilities and local development, located in close proximity to the Singapore Armed Forces, and in partnership with ST Engineering.
    Thales © Eloi Stichelbaut | PolaRyse” id=”image-49e65d49-549c-4ff3-8a10-16b56511789a” data-id=”49e65d49-549c-4ff3-8a10-16b56511789a” data-original=”https://cdn.uc.assets.prezly.com/49e65d49-549c-4ff3-8a10-16b56511789a/-/inline/no/image.png” data-mfp-src=”https://cdn.uc.assets.prezly.com/49e65d49-549c-4ff3-8a10-16b56511789a/-/format/auto/” alt=”Thales © Eloi Stichelbaut | PolaRyse”/>
    Thales © Eloi Stichelbaut | PolaRyse

    Maritime trade is of critical importance to the economies of Asia. With Singapore positioned at the heart of major global shipping routes, the need for security at the Straits remains a top priority for the Republic of Singapore Navy (RSN).

    On 28 March 2025, Thales was awarded a contract through ST Engineering (STE) to provide the Republic of Singapore Navy with a Mine Counter Measures system, Pathmaster, which includes the M-Cube mission management system and TSAS towed sonars combined with the MiMap sonar data analysis tool, which will be fitted on ST Engineering’s unmanned surface vehicle.

    Thales will also provide tools to manage mine databases and library. These will be reinforced with Artificial Intelligence (AI) to facilitate target detection and identification, easing the workload of operators. The system will be supported by the Thales Singapore Defence Hub for maintenance and service and to develop compatible applications that can seamlessly interface with the RSN’s systems.

    As seas become increasingly congested and navies face unexpected threats and challenges, mine countermeasures have become a key discipline to ensure the sovereignty and safety of Singapore’s sea lines of communication. The intelligent system is renowned for its incomparable level of detection and low false alarm rate. The Thales Pathmaster solution is the world’s first sea-proven system and is currently already in service with the British Royal Navy and the French Navy, under the Maritime Mine Countermeasure (MMCM) programme. This contract is the first Pathmaster contract for Thales in Asia.

    “This latest contract award reflects the trust that the Republic of Singapore Navy places in Thales’ naval technologies. The Pathmaster system represents a significant step in the RSN’s vision for an autonomous system of systems, offering enhanced operational capabilities while reinforcing the safety of their personnel. As the first Pathmaster system in the Asian region, Thales strengthens its position as a key supplier to the Navy, addressing the operational needs of the navy in this area. Having successfully delivered multiple radars for major vessel programs in the past, today we are excited to take it a step further to ensure that Singapore stays at the forefront of mine warfare in the region, safeguarding the nation’s maritime routes.” Sébastien Gueremy, VP Underwater Systems, Thales.

    About Thales

    Thales (Euronext Paris: HO) is a global leader in advanced technologies for the Defence, Aerospace, and Cyber & Digital sectors. Its portfolio of innovative products and services addresses several major challenges: sovereignty, security, sustainability and inclusion.

    The Group invests more than €4 billion per year in Research & Development in key areas, particularly for critical environments, such as Artificial Intelligence, cybersecurity, quantum and cloud technologies.

    Thales has more than 83,000 employees in 68 countries. In 2024, the Group generated sales of €20.6 billion.

    MIL OSI Global Banks –

    May 19, 2025
  • MIL-OSI Russia: HSE MBA: Chinese experience for Russian managers

    Translation. Region: Russian Federal

    Source: State University Higher School of Economics – State University Higher School of Economics –

    The visiting module of the MBA program of the Higher School of Business of the National Research University Higher School of Economics was successfully held in Shanghai. It was attended by 94 students: top managers of large Russian companies, entrepreneurs, heads of departments of state-owned companies.

    The module was organized jointly with Fudan University, one of the leading centers of business education in Asia. The university is among the best universities in China and Asia, widely recognized for its high level of teaching, quality of scientific research and international programs in the field of economics and management.

    The theoretical part of the module covered key aspects of the economy and business of modern China. The classes were taught by Fudan University lecturers – recognized experts in their fields, experienced specialists who are engaged in research projects in the areas of global and digital economy, fintech, corporate governance, blockchain technologies, big data and cybersecurity. Many of them are graduates of leading universities around the world, publish in authoritative scientific journals and actively consult businesses and government agencies. During the week, they immersed listeners in the specifics of the financial system of the PRC, discussed challenges to the country’s competitiveness in the international arena, compared approaches to the digital transformation of industry in China and in other countries.

    The practical part of the program was no less interesting and important for the audience. The organizers of the module offered a rich plan of visits to leading Chinese companies from key industries. Among them were COSCO Shipping, one of the world’s largest operators in the field of maritime logistics; NIO Inc, a developer and manufacturer of intelligent electric vehicles and autonomous driving technologies; SAIC Motor, a Chinese automobile manufacturing corporation actively working in the direction of new energy sources and autonomous transport.

    According to the manager MBA programs Vladimir Koptsev, Higher School of Business at the National Research University Higher School of Economics, international modules allow students not only to expand their professional horizons, but also to see key global economies in dynamics.

    Koptsev Vladimir Sergeevich

    Head of the MBA program at the Higher School of Business, National Research University Higher School of Economics

    Today, China is not just an important player, but one of the world’s leading economies, influencing global processes in business, finance and technology. It is fundamentally important for us that students are not limited to theory, but personally come into contact with this reality: through visits to companies, dialogue with experts and direct immersion in the country’s economic environment.

    The reaction of the participants of the visiting module themselves is indicative; they saw from the inside how the economy of one of the largest and rapidly developing countries in the world functions, and what management models are used by business leaders of the PRC.

    “Shanghai exceeded all expectations – it is a truly technologically advanced metropolis. I especially remember the lectures with Chinese professors about how the country became a global technological leader in 40 years. I was amazed by the number of electric cars – about 80% of cars on the roads, thanks to which the city of its size remains surprisingly quiet. A visit to a robotics company left a great impression. And, of course, it was nice to meet MBA students from parallel groups. I would like to separately thank the HSE Graduate School of Business for organizing the module at such a prestigious university as Fudan, and for the excellent organization of visits to leading Chinese enterprises. This trip will be remembered for a long time – a lot of new knowledge and vivid emotions!” – assessed the results Sergey Bespalov, Manager of Consulting in the field of production and operational management, Accenture AG, Zurich, Switzerland.

    The Chinese partners highly appreciated the cooperation with the HSE Graduate School of Business: “We are sincerely glad that the students not only visited Fudan University, but also benefited from this intercultural exchange. I hope that our program opened up new perspectives for the students, contributed to the development of their communication skills and broadened their horizons. We tried to tell as much as possible about the economic and cultural characteristics of China and demonstrate them during visits to various companies. We hope to continue fruitful cooperation with the HSE Graduate School of Business in the future, so that we can host MBA students within the walls of our university more than once,” Shuang Zhang, Manager of International Programs at Fudan University.

    Upon completion of the module, all students MBA programs received an official certificate from Fudan University confirming their participation and academic achievements.

    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 –

    May 19, 2025
  • MIL-OSI Asia-Pac: John Lee meets Jilin official

    Source: Hong Kong Information Services

    Chief Executive John Lee today met CPC Jilin Provincial Committee Secretary Huang Qiang at Government House to discuss co-operation and people-to-people exchanges between Hong Kong and Jilin.

    Mr Huang and his delegation were in Hong Kong promoting Jilin’s industries and Jilin-Hong Kong economic and trade ties.

    Welcoming them, Mr Lee said Jilin serves as an important gateway for the country’s northward opening-up under the Belt & Road Initiative (BRI). He also highlighted that Jilin boasts a robust industrial and manufacturing sector, and that its expertise in manufacturing automobiles and high-speed trains is unmatched nationally.

    As a functional BRI platform, Mr Lee said Hong Kong will continue to function as a “super connector” and “super value-adder” to assist Jilin and other Mainland provinces and cities in expanding to global markets, while also attracting more external investment to the country.

    Following the launch of direct flights between Hong Kong and Changchun, Jilin in December, Mr Lee said economic, trade, and cultural exchanges between the two places will be further enhanced, fostering people-to-people bonds.

    The Chief Executive stressed that Hong Kong will continue to deepen its multifaceted exchanges and co-operation with Jilin, leveraging complementary strengths so that the two places can jointly make greater contributions to the country’s development.

    Acting Secretary for Constitutional & Mainland Affairs Clement Woo and Director of the Chief Executive’s Office Carol Yip also attended the meeting.

    MIL OSI Asia Pacific News –

    May 19, 2025
  • MIL-OSI Banking: ASEAN and UN convene Secretariat-to-Secretariat Meeting to advance Comprehensive Partnership

    Source: ASEAN

    Deputy Secretary-General of ASEAN for ASEAN Political-Security Community, Dato’ Astanah Abdul Aziz, co-chaired the ASEAN-UN Secretariat-to-Secretariat Meeting with the UN Assistant Secretary-General for Political and Peacebuilding Affairs and Peace Operations, Khaled Khiari, on 19 May 2025 at the ASEAN Headquarters/ASEAN Secretariat. The Meeting took stock of ASEAN-UN cooperation through the implementation of the ASEAN-UN Plan of Action (2021-2025) and looked ahead to the successor document (2026–2030), to be adopted later this year.
     

    MIL OSI Global Banks –

    May 19, 2025
  • MIL-OSI Asia-Pac: TD ceases accepting paper applications for driving licence renewal via drop-in boxes at post offices from June 1

    Source: Hong Kong Government special administrative region

         The Transport Department (TD) announced today (May 19) that, in view of the persistently low usage of drop-in boxes at designated post offices and the convenience of streamlined online services, it will cease accepting paper applications for Full Driving Licence (FDL) renewal via these drop-in boxes at post offices from June 1 to consolidate resources and enhance service efficiency. The TD encourages the public to make good use of the more convenient and expeditious online renewal services.

         At present, an FDL holder should renew the FDL within four months before its expiry date or within three years after it has expired. Members of the public may submit an online renewal application via GovHK using their “iAM Smart+” account with the digital signing function or a valid personal digital certificate.

         In addition, to remind and enable the public to renew the FDL in time, the TD will send by post the “FDL Renewal Notice cum Application Form” (form TD 578) to FDL holders around three months prior to its expiry, and another reminder (form TD 601) to those whose FDLs have expired for nearly three years and are yet to be renewed. Both are printed with a Renewal Password. Members of the public may submit an online application using the Renewal Password and other personal information including their identification document number for authentication to complete renewal procedures conveniently. If the applicant’s address has not changed within three months upon receipt of the Renewal Password, submission of address proof is not needed during the online application process, further streamlining the procedures.

         As of end-April 2025, nearly half of the FDL applicants had opted for online renewal, making it the most popular local e-licensing service after the International Driving Permit, showing the public’s gradual shift from paper to online applications. The TD therefore implements the above service adjustment to make better use of public resources.

         The TD encourages the public to make good use of online applications to enjoy the convenience of e-services. As for paper applications, the current arrangements for submission through the counters and drop-in boxes at the TD’s Licensing Offices as well as by post remain unchanged. The public may refer to the TD’s website for details of FDL renewal.

    MIL OSI Asia Pacific News –

    May 19, 2025
  • MIL-OSI Asia-Pac: Film Archive to present screening programme Tracing Qin and Han Through Cinema (with photos)

    Source: Hong Kong Government special administrative region

    Film Archive to present screening programme Tracing Qin and Han Through Cinema  
          
          
         In “Dream Lovers” (1986), Chow Yun-fat and Brigitte Lin play a married couple in the Qin dynasty in their past lives. When they meet again at a terra-cotta army exhibition after reincarnations, their romance descends into a love triangle involving the fiancée of Chow’s character in his current life, presenting a time-spanning love story.
     
         “The Myth” (2005) is also a love story linking different eras. An archaeologist, played by Jackie Chan, and his scientist friend, played by Tony Leung Ka-fai, accidentally discover the archaeologist’s lover in his past life, a princess played by Korean actress Kim Hee Seon, still alive in a royal tomb since taking an elixir of immortality during the Qin dynasty.
     
         “Three Kingdoms: Resurrection of the Dragon” (2008) and “The Lost Bladesman” (2011) are both inspired by well-known figures during the Three Kingdoms period. The former tells the sad story of unfulfilled ambition and the cruel twists of fate in the life of the formidable general, Zhao Zilong, played by Andy Lau, from his prime years to old age, culminating in a fateful showdown with Cao Ying, a fictional character played by Maggie Q, the granddaughter of his enemy Cao Cao, as Zhao is under siege in a mountain battle, highlighting the poignant tragedy of Zhao’s fate. Co-directed by Alan Mak and Felix Chong, “The Lost Bladesman” skillfully depicts Guan Yu, played by Donnie Yen, as a tragic hero through the story between Guan and Cao Cao, played by Jiang Wen, when Guan is captured by Cao.
     
         In “Red Cliff” (2008) and “Red Cliff II” (2009), director John Woo brings the Battle of Red Cliffs, a watershed moment that sets the stage for the Three Kingdoms period, to the silver screen. Staring Tony Leung Chiu-wai, Takeshi Kaneshiro, Chang Chen and Zhang Fengyi, the films bring to life this legendary battle with the distinctive action choreography by Corey Yuen and spectacular sound designs and visual effects.
     
         Some of the screenings will be accompanied by pre-screening or post-screening talks, hosted by directors Stephen Shin, Daniel Lee and John Woo (online); actor Ray Lui; film critics Thomas Shin, Shu Kei, Eric Tsang and Pierre Lam.
     
         “The Great Conqueror’s Concubine” and “A Terra-Cotta Warrior” will be screened at the Grand Theatre of the Hong Kong Cultural Centre, with tickets priced at $80 and $70 respectively, and a 20 per cent discount for LCSD Museum Pass holders purchasing regular-priced tickets for the films at URBTIX outlets. Other films will be screened at the HKFA Cinema, with tickets priced at $60. A 20 per cent discount is also available for every purchase of regular-priced tickets of two or more screenings of this programme.
     
         Tickets will be available from May 23 (Friday) at URBTIX (www.urbtix.hk 
         The CCF, presented by the Culture, Sports and Tourism Bureau and organised by the Chinese Culture Promotion Office under the LCSD, aims to promote Chinese culture and enhance the public’s national identity and cultural confidence. It also aims to attract top-notch artists and arts groups from the Mainland and other parts of the world for exchanges in Chinese arts and culture. The CCF 2025 will be held from June to September. Through different performing arts programmes in various forms and related extension activities, including selected programmes of the Chinese Opera Festival, “Tan Dun WE-Festival”, film screenings, exhibitions, as well as community and school activities and more, the festival provides members of the public and visitors with more opportunities to enjoy distinctive programmes that showcase fine traditional Chinese culture, thereby facilitating patriotic education and contributing to the inheritance, transformation and development of traditional Chinese culture in Hong Kong. For more information about programmes and activities of the CCF 2025, please visit
    www.ccf.gov.hkIssued at HKT 17:00

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    May 19, 2025
  • MIL-OSI Asia-Pac: Composite Interest Rate: End of April 2025

    Source: Hong Kong Government special administrative region

    The following is issued on behalf of the Hong Kong Monetary Authority:
     
    The Hong Kong Monetary Authority (HKMA) announced today (May 19) the composite interest rate at the end of April 2025 (Note 1).

    The composite interest rate, which is a measure of the average cost of funds of banks, decreased by 5 basis points to 2.02 per cent at the end of April 2025, from 2.07 per cent at the end of March 2025 (see Chart 1 in the Annex). The decrease in composite interest rate reflected the decreases in the weighted funding cost for deposits during the month (see Chart 2 in the Annex) (Note 2).

    The historical data of the composite interest rate from the end of the fourth quarter of 2003 to the end of April 2025 are available in the Monthly Statistical Bulletin on the HKMA website (www.hkma.gov.hk).

    Note 1: The composite interest rate is a weighted average interest rate of all Hong Kong dollar interest-rate-sensitive liabilities, which include deposits from customers, amounts due to banks, negotiable certificates of deposit and other debt instruments, and all other liabilities that do not involve any formal payment of interest but the values of which are sensitive to interest rate movements (such as Hong Kong dollar non-interest bearing demand deposits) on the books of banks. Data from retail banks, which account for about 90 per cent of the total customers’ deposits in the banking sector, are used in the calculation. It should be noted that the composite interest rate represents only average interest expenses. There are various other costs involved in the making of a loan, such as operating costs (e.g. staff and rental expenses), credit cost and hedging cost, which are not covered by the composite interest rate.

    Note 2: Since June 2019, the composite interest rate and weighted deposit rate have been calculated based on the new local “Interest rate risk in the banking book” (IRRBB) framework. As such, these figures are not strictly comparable with those of previous months.

    MIL OSI Asia Pacific News –

    May 19, 2025
  • Om Birla inaugurates Pradhan Mantri Divyasha Kendra in Kota, distributes assistive devices to differently abled

    Source: Government of India

    Source: Government of India (4)

    Lok Sabha Speaker Om Birla on Monday inaugurated the Pradhan Mantri Divyasha Kendra (PMDK) in Kota, Rajasthan, and distributed assistive devices to differently abled beneficiaries, bringing smiles and a renewed sense of hope to many.

    Addressing the gathering, Birla said, “The launch of the Pradhan Mantri Divyasha Kendra in Kota will significantly benefit persons with disabilities. These assistive devices will not only enhance their mobility but also help them lead more self-reliant lives. They no longer need to depend on others—this initiative is a step toward empowerment and dignity.”

    The event saw the distribution of various aids designed to meet individual needs. Recipients expressed gratitude and shared their joy at the life-changing support. “I feel like I’ve been reborn,” said Surendra, a beneficiary. “Earlier, we felt helpless. Now, I believe I can do anything.”

    Zakir Hussain shared a similar sentiment: “We faced many challenges before, but now things are much easier.” Another recipient, beaming with pride, said, “Thanks to PM Modi and Om Birla. Earlier, travelling was difficult, but this electric scooter has changed everything.”

    Rajesh, another beneficiary, added, “Now we can move around independently without feeling like a burden. I thank the government for this invaluable support.”

    The PMDK initiative, spearheaded by Artificial Limbs Manufacturing Corporation of India (ALIMCO)—a public sector enterprise under the Ministry of Social Justice and Empowerment—seeks to provide high-quality, affordable assistive devices to senior citizens and people with disabilities.

    Currently, 45 PMDKs are operational across various states and Union Territories, with a target of 100 centres by June.

    The newly inaugurated centre in Kota focuses particularly on serving visually impaired individuals and offers a comprehensive range of services, including advanced rehabilitation technologies such as prosthetics, orthotics, Braille appliances, and mobility aids. The centre also promotes skill development through vocational training programmes aimed at fostering employment and entrepreneurship.

    (With inputs from IANS)

    May 19, 2025
  • We Can No Longer Afford, By Travel Or Import, To Empower Countries That Are Inimical To Our Interests And Positioned Against Us In Times Of Crisis: Vice-President

    Source: Government of India

    Source: Government of India (2)

    lign=”center”>Every Individual Is Empowered To Help The Nation In Security; Trade, Business, Commerce, And Industry In Particular Have A Pivotal Role, Says VP
    Nation First; Everything Has To Be Reckoned On The Fulcrum Of Deep Commitment And Dedication To Nationalism, Stresses VP
    This Country Cannot Afford Commercialisation And Commodification Of Education; These Are Areas To Give Back To Society, Not To Make Money, Highlights VP
    Operation Sindoor Was A Remarkable Retaliation, Befitting Our Ethos Of Peace And Tranquility To The Barbarity That Happened At Pahalgam, Says VP
    Vice-President Addressed The Annual Convocation Of Jaipuria Institute Of Management In New Delhi

    The Vice-President of India, Shri Jagdeep Dhankhar today said, “Can we afford to empower countries that are inimical to our interests? Time has come when each one of us must deeply think about economic nationalism,” he said. He emphasized that, “We no longer can afford, by travel or import, to improve the economies of those countries because of our participation. And those countries, in times of crisis, are positioned against us.”

    https://twitter.com/VPIndia/status/1923650435002359975

    Addressing the Annual Convocation of Jaipuria Institute of Management at Bharat Mandapam, New Delhi, today, Shri Dhankhar said, “Every individual is empowered to help the nation in security. Trade, business, commerce, and industry in particular can play a pivotal role in security issues. Therefore I firmly believe that we must always keep one thing in mind, and that is: Nation first. Everything has to be reckoned on the fulcrum of deep commitment, unflinching commitment, dedication to nationalism. And that mindset we must teach our toddlers right from day one.”

    https://twitter.com/VPIndia/status/1923643506263728383

    He also lauded the ongoing Operation Sindoor and paid tribute to India’s Armed Forces. “I must, on this occasion—since I am addressing youth of the country in particular—offer my salutations to all Armed Forces and the visionary leadership of Prime Minister Narendra Modi for the remarkable success of the ongoing Operation Sindoor.”

    Calling the operation a befitting response to the barbaric attack at Pahalgam, he added, “It was a remarkable retaliation, befitting our ethos of peace and tranquility to the barbarity that happened at Pahalgam—the deadliest attack on our civilians since the 2008 Mumbai terror attacks. The Prime Minister of this country, Shri Narendra Modi, sent a message from India’s heartland of Bihar to the entire global fraternity. Those were not empty words. The world now has realized: what is said is reality. “No one is asking for proof now. The world has seen and acknowledged. We have seen this saga—how that country is deeply engrossed in terrorism. “When coffins are taken with armed forces and military power and political power accompanying them, justice is done by Bharat to Sindoor in sublimity.”

    Shri Dhankhar affirmed that a new standard has been set in India’s counterterrorism efforts. “In the mechanics of war and the fight against terrorism, a new benchmark has been set. Indian Armed Forces targeted Jaish-e-Mohammed at Bahawalpur, deep inside Pakistan territory. Beyond the international border—headquarters of Jaish-e-Mohammed, also Lashkar-e-Taiba base, Muridke. No one is asking for proof now. No one is asking for it. The world has seen and acknowledged.”

    He further added, “It is India’s deepest ever cross-border strike. Strike that was carefully, precisely calibrated to cause no damage except to the terrorist.”

    Shri Dhankhar recalled the U.S. operation on May 2nd, 2011. “This happened on May 2nd, 2011, when a global terrorist who planned, supervised, executed the September 11 attack inside the US in 2001. He was dealt with by the US similarly. Bharat has done it and done it to the knowledge of the global community.”

    Reflecting on India’s civilisational uniqueness, Shri Dhankhar noted, “We as a nation are unique. No nation in the world can take pride in having 5,000 years of civilisational ethos. We need to bridge, not breach, the divide between the East and the West.”

    Shri Dhankhar said, “How can we countenance or overlook narratives that are anti-national? Foreign universities coming to this country is something which requires filtration. It requires deep thinking. It is something we have to be extremely careful about.”

    On education and research, the Vice-President cautioned against commercialization. “This country cannot afford commercialisation and commodification of education. It is undeniable, it is present. Education and health as per our civilization ethos are not areas to make money. These are areas to give back to society. We have to discharge our obligation to society.”

    Calling upon industry leaders, he stressed the importance of research. “Educational institutions must be fully funded by corporates. CSR funds must take priority because investment in research is fundamental.”

    He concluded with a powerful reminder: “Gone are the days when we could wait for others to develop technology. If we do that, we are handicapped right from the beginning, we must avoid that.”

     

    Shri Sharad Jaipuria, Chairman, Board of Governors, Jaipuria Institute of Management, Smt. Anjali Jaipuria, Spouse of Chairman, Board of Governors, Jaipuria Institute of Management, Shri Shreevats Jaipuria, Vice Chairman, Jaipuria Institute of Management and other dignitaries were also present on the occasion.

    May 19, 2025
  • MIL-OSI: Gate Introduces Brand New Domain Gate.com and Brand Logo, Advancing Toward the “Next-Generation Crypto Exchange”

    Source: GlobeNewswire (MIL-OSI)

    PANAMA CITY, May 19, 2025 (GLOBE NEWSWIRE) — Gate, a global leading cryptocurrency trading platform, has officially adopted the new international domain Gate.com and unveiled a redesigned brand logo, marking a significant milestone in the platform’s evolution. This strategic move aims to unify brand identity, strengthen global presence, and enhance user trust, heralding a new chapter in Gate’s development. The upgrade follows Gate’s 12th anniversary celebrations and aligns closely with the platform’s newly articulated vision, unveiled at its global event in Dubai, to become the “next-generation crypto exchange”. It signifies a transformative leap from industry leadership to innovation leadership, and from technical excellence to global strategic expansion.

    Previously, Gate also adopted a new Chinese name “Damen” ( 大门, meaning “The Gate”), symbolizing an open gateway to the future of crypto for users worldwide. The unified refresh of domain and logo reflects the platform’s commitment to inclusivity and signals the beginning of a new chapter in building a trusted, globally connected crypto ecosystem.

    Brand Refresh: From Visual Upgrade to Strategic Evolution

    As a pioneer in the crypto industry, Gate has focused on building a secure, compliant, and innovative digital asset trading ecosystem since its founding in 2013. Today, the platform serves over 23 million users worldwide, supports trading in over 3,800 cryptocurrencies across spot, futures, leverage, and financial products, ranking Top 3 globally by comprehensive strength. It was also among the first exchanges to implement zero-knowledge proof (ZKP) technology to verify reserve transparency, ensuring 100% verifiability of platform assets. According to its latest proof-of-reserves report, Gate’s total reserves exceed $10.865 billion, with a reserve ratio of 128.57%.

    This brand overhaul not only elevates Gate’s visual identity but also marks a critical step in its global outreach strategy. The new domain Gate.com is concise, highly recognizable, and globally intuitive, enhancing user perception of the platform’s professionalism and credibility. The newly designed logo adopts a modern, minimalist aesthetic that encapsulates Gate’s core principles of “trust as the foundation”, “technological innovation”, and “continuous evolution”, representing a comprehensive upgrade in technology, ecosystem, and compliance.

    In addition, Gate Group’s global platform Gate, along with all its locally licensed entities, Gate Japan, Gate Dubai, and Gate Europe, will adopt the unified brand name “Gate”. The brand upgrade presents a cohesive global identity and further strengthens Gate’s professional image and international influence as a leading global exchange.

    Strategic Leap: Building the “Next-Generation Crypto Exchange”

    Beneath the surface of this brand transformation lies a bolder strategic ambition. On April 30, at Gate’s 12th Anniversary Global Celebration in Dubai, Founder and CEO Dr. Han introduced the vision to build the “next-generation crypto exchange”. This strategy emphasizes transformative growth across three core pillars:

    • Technology-Driven Innovation: Continuously upgrading the trading experience through iterative product development and breakthroughs in underlying technologies.
    • Global Compliance: Establishing a robust global compliance network backed by licenses and regulatory approvals in multiple jurisdictions, strengthening industry credibility.
    • Ecosystem Integration: Expanding from trading to encompass Web3, infrastructure, and investment services, building a closed-loop digital economy.

    Gate’s mission is to continuously enhance its offerings with a professional, secure, and open approach, aiming to become a foundational infrastructure for the global digital economy and to provide future-ready, trustworthy digital asset services to users worldwide.

    Global Compliance Footprint: Expanding with Purpose

    Gate Group places strong emphasis on a “compliance-first” strategy, steadily advancing its global regulatory presence. In recent years, its various entities have obtained or completed regulatory registrations, licences, authorizations, or approvals across various jurisdictions, such as Lithuania, Argentina, Malta, Italy, Bahamas, Gibraltar, and Hong Kong.

    In 2024, Gate Group’s entity completed the acquisition of Japan-licensed exchange Coin Master, further consolidating its compliance footprint in the Asia-Pacific region. Most recently, Gate Technology FZE (“Gate Dubai”), an entity of Gate Group, recently received a full operational license from Virtual Asset Regulatory Authority (VARA) in Dubai. The license authorizes Gate Dubai to offer crypto asset trading services to institutional investors, qualified investors, and retail users, marking a major milestone in its expansion into the MENA region and global markets. It is a testament to its long-standing commitment to security, transparency, and user protection.

    With parallel advancements in technology innovation, user experience, ecosystem expansion, and global compliance, Gate is evolving from a top-tier trading platform into a trusted global digital finance ecosystem. The launch of the Gate.com domain and refreshed logo represents more than a brand update—it is a declaration of Gate’s long-term commitment and vision for the global user community. Looking ahead, Gate remains firmly committed to its development principles of user-first, technological innovation, and global compliance, and will continue to work alongside users, developers, and partners worldwide to shape a safe, open, and sustainable crypto future.

    Media Contact:
    Elaine Wang at elaine.w@gate.io

    Disclaimer:
    The content herein does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please be noted that Gate may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement via https://www.gate.io/legal/user-agreement.

    Disclaimer : This is a paid post and is provided by Gate. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.

    Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3cbdb202-bb7b-4591-9a4b-38ccd1e83c12

    The MIL Network –

    May 19, 2025
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