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Category: Asia

  • Two climbers, from India and the Philippines, died on Everest

    Source: Government of India

    Source: Government of India (4)

    An Indian climber and another from the Philippines became the first mountaineers to die on Mount Everest in the current March-May climbing season of the world’s highest peak, hiking officials said on Friday.

    Subrata Ghosh, 45, from India, died on Thursday below the Hillary Step while returning after reaching the 8,849 metres (29,032 feet) peak.

    “He refused to descend from below the Hillary Step,” said Bodhraj Bhandari of Nepal’s Snowy Horizon Treks and Expedition organising company.

    No other details were available.

    The Hillary Step is located in the ‘death zone’, an area between the 8,000-metre (26,250 ft) high South Col and the summit where the level of natural oxygen is inadequate for survival.

    “Efforts are underway to bring his body down to the base camp. The cause of his death will be known only after post post-mortem,” Bhandari said.

    Philipp II Santiago, 45, from the Philippines, died late on Wednesday at the South Col while he was on his way up, said Himal Gautam, a tourism department official.

    Santiago was tired when he reached the fourth high camp and died while resting in his tent, Gautam added.

    Santiago and Ghose were both members of an international expedition organised by Bhandari.

    Nepal has issued 459 permits to climb Everest during the current season that ends in May. Nearly 100 climbers and their guides have already reached the summit this week.

    Mountain climbing, trekking, and tourism are a source of income and employment for Nepal, one of the poorest countries in the world.

    At least 345 people have died on Everest in more than 100 years since summiting expeditions were known to have started, according to the Himalayan Database and hiking officials.

    –Reuters

    May 16, 2025
  • MIL-OSI Asia-Pac: Education Bureau to hold Information Expo on Multiple Pathways 2025

    Source: Hong Kong Government special administrative region

    Education Bureau to hold Information Expo on Multiple Pathways 2025 
    A spokesman for the EDB said today (May 16), “The Info Expo aims to provide the latest information on multiple pathways for senior secondary school students, parents and teachers; and to help students make good preparations for different articulation and career plans. Around 30 post-secondary institutions and organisations will set up exhibition booths to provide information on locally accredited post-secondary programmes (including programmes eligible for various government subsidy schemes as well as vocational and professional education and training programmes and applied degree programmes), the Diploma of Applied Education programmes, as well as relevant online platforms such as the Information Portal for Accredited Post-secondary Programmes (iPASS), the Electronic Advance Application System for Post-secondary Programmes (E-APP), the Concourse for Self-financing Post-secondary Education (Concourse), and the Qualifications Framework.”
     
    In addition, Hok Yau Club, the Hong Kong Federation of Youth Groups, and the Hong Kong Young Women’s Christian Association will offer studies and career guidance services to students.
     
    There will also be talks on multiple pathways, preparation and strategies for articulation to post-secondary education, and experience sharing by post-secondary students. Institution and industry representatives will also provide first-hand information about various programmes and career development. 

    Admission is free and prior registration is not required. There are interactive games at the EDB’s booth. Participants who have completed designated tasks will receive a gift while stocks last.Issued at HKT 11:30

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    May 16, 2025
  • MIL-OSI Asia-Pac: Secretary for Health chairs first meeting of Advisory Committee on Health and Medical Innovation Development (with photos)

    Source: Hong Kong Government special administrative region

    Secretary for Health chairs first meeting of Advisory Committee on Health and Medical Innovation Development ————
    Secretary for Health————————————————————-
    Mr Yang Ting  ————————–
    Professor Isaiah Arkin
    Professor Bian Zhaoxiang
    Dr Benjamin Li Xiaoyi 
    Professor Tony Mok Shu-kam
    Professor Walter Seto Wai-kay
    Professor David Shum Ho-keung
    Professor Karl Tsim Wah-Keung
    Mr Fred Tung
    Ms Wu Shan———————
    Permanent Secretary for Health
    Deputy Secretary for Health 3
    Senior Advisor (Secretary for Health’s Office)
    Representative from the Department of Health
    Representative from the Hospital Authority
    Representative from the Innovation and Technology Commission
    Representative from the Hong Kong Science and Technology Parks Corporation
    Issued at HKT 17:22

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    May 16, 2025
  • MIL-OSI Asia-Pac: “Smart Parent Net” Recommendation: (Video) Developmental Disorders in Children – Developmental Language Disorder

    Source: Hong Kong Government special administrative region

    The One-minute Video Production Competition 2025 (the Competition) is a signature event of the Biliteracy and Trilingualism Campaign, organised by the Standing Committee on Language Education and Research (SCOLAR). The Competition is now open to the public until 25 May 2025 for voting on their favourite entries in the categories including parent-child, primary, junior secondary, and senior secondary. The entry with the highest number of votes in each category will receive “The Most Popular Award”, and the awardees for each category will be awarded a book coupon valued $2,000. Teachers, students, parents and members of the public are invited to click here or scan the QR code in the e-banner above to vote for entries that you like best in promoting biliteracy and trilingualism at its highest impact.

    Themed “Hong Kong and me – our dialogue, our story • Cultural Exchange”, the Competition featured by video production inspires students to better understand how their biliterate and trilingual abilities can facilitate their connection with different parts of the world. It can also promote Hong Kong as an East-meets-West centre for international cultural exchange as well as an international education hub. The result of the Competition will be announced on 27 June 2025 at the Closing cum Award Presentation Ceremony of the Campaign.

    SCOLAR’s Facebook and Instagram (scolar.hk) will keep you updated with the exciting events and latest news. We look forward to your support and participation.

     

    MIL OSI Asia Pacific News –

    May 16, 2025
  • MIL-OSI Asia-Pac: Information Expo on Multiple Pathways 2025; Public Voting for “The Most Popular Award” of the “Biliteracy and Trilingualism Campaign: One-minute Video Production Competition 2025” organised by SCOLAR

    Source: Hong Kong Government special administrative region

    The One-minute Video Production Competition 2025 (the Competition) is a signature event of the Biliteracy and Trilingualism Campaign, organised by the Standing Committee on Language Education and Research (SCOLAR). The Competition is now open to the public until 25 May 2025 for voting on their favourite entries in the categories including parent-child, primary, junior secondary, and senior secondary. The entry with the highest number of votes in each category will receive “The Most Popular Award”, and the awardees for each category will be awarded a book coupon valued $2,000. Teachers, students, parents and members of the public are invited to click here or scan the QR code in the e-banner above to vote for entries that you like best in promoting biliteracy and trilingualism at its highest impact.

    Themed “Hong Kong and me – our dialogue, our story • Cultural Exchange”, the Competition featured by video production inspires students to better understand how their biliterate and trilingual abilities can facilitate their connection with different parts of the world. It can also promote Hong Kong as an East-meets-West centre for international cultural exchange as well as an international education hub. The result of the Competition will be announced on 27 June 2025 at the Closing cum Award Presentation Ceremony of the Campaign.

    SCOLAR’s Facebook and Instagram (scolar.hk) will keep you updated with the exciting events and latest news. We look forward to your support and participation.

     

    MIL OSI Asia Pacific News –

    May 16, 2025
  • MIL-OSI Asia-Pac: Singapore ETO promotes Hong Kong in Vietnam through government and business engagements (with photos)

    Source: Hong Kong Government special administrative region

    Singapore ETO promotes Hong Kong in Vietnam through government and business engagements  
         The luncheon in Da Nang, co-organised for the first time with the Hong Kong Business Association Vietnam (HKBAV), attracted around 60 Vietnamese business leaders and investors. The Singapore ETO’s investment promotion team delivered a presentation on Hong Kong’s latest investment climate and opportunities, as well as the city’s unique position as a gateway to the Guangdong-Hong Kong-Macao Greater Bay Area, and outlined the range of support services available to Vietnamese enterprises looking to expand into the region.
     
         In his opening remarks, the Director of the Singapore ETO, Mr Owin Fung, highlighted Vietnam’s growing importance as a key economic and strategic partner of Hong Kong. The Singapore ETO’s relentless engagement across various regions of Vietnam underlines its strong commitment to fostering bilateral collaboration through continued government-to-government dialogue, business exchanges, and people-to-people interactions.
     
         On the same day, Mr Fung paid a courtesy call on the Consul General of the People’s Republic of China in Da Nang, Ms Dong Biyou. Mr Fung briefed Ms Dong on the Singapore ETO’s latest outreach initiatives in Vietnam, and both sides exchanged views on how Hong Kong can serve as a gateway between Mainland China and Vietnam, particularly in the context of the 75th anniversary of diplomatic ties between the two countries.
     
         In April and early May, the Singapore ETO conducted two other official visits to further promote Hong Kong and strengthen ties in northern and southern Vietnam. On May 10, Mr Fung attended and delivered remarks at the HKBAV Gala Dinner in Ho Chi Minh City (HCMC), which was attended by nearly 200 guests. He reiterated Hong Kong’s distinctive advantages under the “one country, two systems” framework, particularly in light of the evolving global trade environment. Other guests included the Deputy Consul-General of the People’s Republic of China in HCMC, Mr Xu Zhou, and the Chairman of the HKBAV, Mr Michael Chiu.
     
         On April 16, the Singapore ETO and Invest Hong Kong cohosted a business seminar and networking event titled “Hong Kong – The Launchpad for Your AI-Driven Success” in Hanoi, the capital of Vietnam. Supported by the Vietnam Software & IT Services Association (VINASA), the event was attended by founders, owners, and senior executives from over 30 companies from sectors including artificial intelligence, cybersecurity, and information and communications technology. Participants were briefed on Hong Kong’s market opportunities, AI funding opportunities, tax incentives, and research and development support measures by Mr Fung and the investment promotion team through presentations and a sharing session.
     
         During the same Hanoi visit, Mr Fung also had separate meetings with the Deputy Director General of the International Market Development Department, Vietnam’s Ministry of Industry and Trade, Mr To Ngoc Son, and the Acting Director General of the Northeast Asia Department, Vietnam’s Ministry of Foreign Affairs, Mr Do Nam Trung, on April 16 and 17 respectively. Both sides exchanged views on the regional economic and geopolitical outlook and explored opportunities to enhance collaboration on government and business levels. Mr Fung also sought Vietnam’s continued support for Hong Kong’s accession to the Regional Comprehensive Economic Partnership.
    Issued at HKT 17:30

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    May 16, 2025
  • MIL-OSI Asia-Pac: Senior Appointment at Hong Kong Monetary Authority

    Source: Hong Kong Government special administrative region

     The Hong Kong Monetary Authority (HKMA) announced today (May 16) that the Financial Secretary, on the advice of the Governance Sub-Committee of the Exchange Fund Advisory Committee, has approved the extension of Mr Howard Lee’s appointment as Deputy Chief Executive for two years beyond the normal retirement age, effective October 2025. Mr Lee will continue to be responsible for reserves management, financial infrastructure and fintech development at the HKMA. He is also an Executive Director of the Hong Kong Mortgage Corporation Limited.

    Ends/Friday, May 16, 2025
    Issued at HKT 16:46

    MIL OSI Asia Pacific News –

    May 16, 2025
  • MIL-OSI Asia-Pac: Jiangsu Guofu Hydrogen Energy Equipment Co Ltd to establish international headquarters and R&D centre in Hong Kong to provide hydrogen energy solutions (with photos)

    Source: Hong Kong Government special administrative region

    One of the strategic enterprises under the Office for Attracting Strategic Enterprises (OASES), Jiangsu Guofu Hydrogen Energy Equipment Co Ltd, officially inaugurated its Hong Kong office (Guofu Hydrogen Energy (Hong Kong) Development Co Limited) today (May 16). Guofu Hydrogen Energy plans to establish its international headquarters and research and development platform in Hong Kong, leveraging the city’s strengths as an international financial centre and innovation and technology (I&T) hub to expand its hydrogen energy business and related solutions.

    The Deputy Chief Manager (Advanced Manufacturing and New Energy Technology) of OASES, Mr Eric Leung, attended the inauguration ceremony and stated, “As the world transitions to a low-carbon economy, Hong Kong is committed to promoting sustainable development and the application of green energy technologies. Guofu Hydrogen Energy’s decision to establish its international headquarters and R&D platform in Hong Kong not only underscores the city’s dedication to green and new energy technology development but also further affirms its role as a bridge connecting the Mainland and international markets.”
    ​
    The President of Jiangsu Guofu Hydrogen Energy Equipment Co Ltd, Mr Wu Pinfang, said, “Hong Kong boasts a well-established legal system, an excellent business environment, and unique advantages in connecting the Mainland with global markets, making it an ideal choice for our business expansion. At present, Guofu Hydrogen Energy is leveraging Hong Kong’s regional advantages and global industry policies to advance the development of a global supply chain centre for hydrogen energy equipment.”

    Jiangsu Guofu Hydrogen Energy Equipment Co Ltd, established in June 2016 with its headquarters in Zhangjiagang, Jiangsu Province, is a leading hydrogen energy storage and transportation equipment manufacturer and comprehensive industry chain solution provider in China. The company focuses on the research and development and manufacturing of core equipment for the entire hydrogen energy “production, storage, transportation, refuelling, and utilization” industry chain. Its product line covers water electrolysis hydrogen production equipment, vehicle hydrogen supply systems (including high-pressure/liquid hydrogen storage cylinders), complete hydrogen refuelling station equipment, liquid hydrogen storage and transportation containers, and hydrogen liquefaction plant solutions.

    For more information about Guofu Hydrogen Energy, please visit www.guofuhee.com.

    MIL OSI Asia Pacific News –

    May 16, 2025
  • MIL-OSI Asia-Pac: Postal services to Malta return to normal

    Source: Hong Kong Government special administrative region

    Hong Kong Post announced today (May 16) that, as advised by the postal administration of Malta, mail delivery services previously impacted by the implementation of a new import system by the local customs have returned to normal.

    MIL OSI Asia Pacific News –

    May 16, 2025
  • MIL-OSI Europe: Statement by the High Representative on behalf of the European Union on the alignment of certain countries concerning restrictive measures in view of the situation in Myanmar/Burma

    Source: Council of the European Union

    Statement by the High Representative on behalf of the European Union on the alignment of certain third countries with Council Decision (CFSP) 2025/820 of 25 April 2025 amending Decision 2013/184/CFSP concerning restrictive measures in view of the situation in Myanmar/Burma.

    MIL OSI Europe News –

    May 16, 2025
  • MIL-OSI China: Spanish scholar highlights AI’s role in cross-cultural exchange

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

    Juan Manuel Corchado, rector and AI professor at the University of Salamanca, delivers a lecture titled “From Understanding to Dialogue: The Power of AI to Unite People and Nations” at Tsinghua University in Beijing, May 15, 2025. [Photo by Wang Yiming/China.org.cn]

    For two nations with rich cultural heritages and growing technological ambitions like Spain and China, artificial intelligence (AI) offers a unique opportunity to forge deeper ties, said Juan Manuel Corchado, rector and chair professor of artificial intelligence, computer science and cybersecurity at the University of Salamanca.

    During a recent visit to China from May 13-15, Corchado led a Spanish academic delegation that met with representatives from some of China’s top universities, including Peking University and Tsinghua University, to explore opportunities for educational cooperation and AI-powered cultural exchange.

    In an interview with China.org.cn, Corchado elaborated on how AI can facilitate cultural exchange and strengthen academic ties between China and Spain, and his views of AI as a powerful enabler for stronger bilateral ties.

    He explained that advanced AI models, such as large language models (LLMs) and retrieval-augmented generation (RAG) systems, have the capability to “analyze the cultural context of a conversation” and adjust their responses to respect local traditions and customs. This contextual awareness helps avert misunderstandings and promotes culturally sensitive communication. Moreover, AI can analyze cultural trends and perspectives, providing valuable insights to support international decision-making.

    He also emphasized AI’s ability for “smart translation,” which goes beyond simple language conversion by accurately interpreting idiomatic expressions unique to each culture while maintaining their original meaning. Additionally, Corchado pointed out that AI enables “real-time multilingual communication,” effectively breaking down language barriers and fostering collaboration and mutual understanding across nations.

    Beyond language, Corchado highlighted that AI can identify and understand philosophical concepts unique to certain cultures. For example, AI models can explain the differences between Western and Eastern thought, further bridging cultural divides and enhancing cross-cultural dialogue.

    As a concrete example of AI’s application in cultural exchange, Juan Corchado highlighted the University of Salamanca’s plan to open a Confucius Institute at the end of this month, integrating AI into its teaching approach.

    “The Confucius Institute will promote Chinese language and culture,” Corchado said. “But now that we offer all our students courses in AI, we believe we can combine AI with Confucius education.”

    He explained that the university provides AI courses to all students because everyone has the ability to adopt AI to become a better professional. Taking advantage of current AI advancements alongside Chinese language learning, the university plans to use innovative tools such as the latest generative AI models and RAG technology to develop specialized systems for teaching Chinese language and culture.

    “We can customize all the information we have about China to meet the needs of each individual user,” Corchado noted. “This is a great advantage. By combining the traditional Confucius teaching approach with the power of AI, we aim to create knowledge that reaches far more people, adapting to their specific learning needs.”

    Reflecting on his visit to China 10 years ago, he said he was struck this time by the country’s remarkable progress. “I’m impressed with the level of technology you apply in society to all elements, and how everything is so well thought out and made for the people,” he said.

    Corchado was also particularly impressed by the close relationship between Chinese universities, society and industry. “I visited several companies that are proud of their cooperation with universities,” he said. “And the universities, in turn, proudly speak of how many of their former students are now working at top technology companies such as DeepSeek and Lenovo. This synergy between academia and industry is impressive and shows how education directly benefits society.”

    Corchado praised China’s leadership in AI, attributing it to a powerful combination of investment, infrastructure and talent. “I believe the top power in AI worldwide is China,” he said. “You have the funding to develop large language models like DeepSeek and to build the computing clusters they require. But even more important is the human capital to develop these platforms.”

    “I’ve studied several Chinese tech firms, and I’m really impressed by the level of knowledge and capability I’ve seen,” he said.

    Acknowledging China’s leading role in AI, Corchado stressed the importance of collaboration. “We need to be closer to those who know more than us, to learn more,” he said, emphasizing the critical role academic institutions can play in fostering cross-cultural understanding, especially in the age of AI.

    He highlighted the University of Salamanca’s longstanding engagement with China. “We are a more than 800-year-old university with one of the strongest Asian studies programs, especially focused on China,” he said.

    The university hosts around 600 Chinese students annually — roughly one-tenth of its international student body — and receives many more for short-term courses. In addition to academic partnerships, Salamanca’s science park is also home to companies doing business with China, strengthening links across education, research and industry.

    “Universities trust each other. We are accustomed to collaborating, communicating and working jointly on projects. This kind of cooperation helps us not only to accomplish academic goals, but also to gain a deeper understanding of one another’s cultures,” he added.

    MIL OSI China News –

    May 16, 2025
  • MIL-OSI China: ‘Curious Tales of a Temple’ animated movie set for July release

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

    An epic animated fantasy anthology film “Curious Tales of a Temple” is set for release in July, intertwining six storylines from China’s classic supernatural story collection “Strange Tales from a Chinese Studio” by Pu Songling.

    A poster for “Curious Tales of a Temple.” [Image courtesy of Light Chaser Animation]

    The animated film, co-directed by Cui Yuemei, Liu Yuan, Xie Junwei, Zou Jing, Huang Heyu and Liu Yilin — with each directing one story — and produced by Song Yiyi, adapts Pu Songling’s stories in anthology format. As the 10th feature-length production from Light Chaser Animation, it stands as the studio’s most ambitious film to date, featuring the largest scale and most extensive creative team. The movie marks their fifth straight summer release after blockbusters “Green Snake,” “New Gods: Yang Jian,” “Chang An” and “White Snake: Afloat.”

    “Strange Tales from a Chinese Studio” is a 17th-century collection of stories by Pu Songling that blends folklore, fantasy and moral lessons. The tales feature scholars, spirits and shape-shifting creatures in dreamlike scenarios that explore virtue, retribution and the mystical. With elegant prose and wit, Pu crafts enchanting short stories in which humans grapple with otherworldly dilemmas. This anthology reveals profound truths about human nature through the extraordinary, while being both entertaining and enlightening.

    In a May 15 announcement, Light Chaser Animation said that in adapting “Strange Tales from a Chinese Studio” into an animated feature, it has pushed creative boundaries in storytelling, visual style and audiovisual experience, striving to deliver a fresh, interesting and immersive journey into the extraordinary world of Eastern fantasy.

    The six stories center on Lanruo Temple, an ancient ruin haunted by spirits. The newly released trailer opens with scholar Pu Songling exploring the temple at night, weaving in classic tales like “Taoist from Laoshan Mountain,” “Princess Lotus,” “Nie Xiaoqian,” “The Painted Skin” and “The Daughter of Magistrate Lu.” These stories — spanning humans, ghosts and demons — explore love, death and morality against shifting time. The film merges six distinct styles into one anthology, offering fresh perspectives. For example, “Taoist from Laoshan Mountain” uses felt-textured animation, while “The Painted Skin” mirrors Song dynasty painting aesthetics, appealing to new viewers and longtime fans alike while showcasing Light Chaser’s blend of innovation and tradition.

    “Curious Tales of a Temple” will open in theaters nationwide on July 12 as a strong contender at the summer box office.

    MIL OSI China News –

    May 16, 2025
  • MIL-OSI Economics: Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Ltd., Nashik, Maharashtra – Withdrawal of Directions

    Source: Reserve Bank of India

    The Reserve Bank of India had issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Ltd., Nashik, Maharashtra vide Directive No. DCBS.CO.BSD-I/D-7/12.22.395/2017-18 dated May 18, 2018 for a period of six months up to the close of business on November 18, 2018. The same were modified from time to time and were last extended up to the close of business on May 17, 2025.

    2. After reviewing the financial position of the bank, the Reserve Bank of India on being satisfied that in the public interest it is necessary to do so and in exercise of the powers vested in it under sub-section (2) of Section 35A read with Section 56 of the Banking Regulation Act, 1949 hereby withdraws the Directions issued to Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Ltd., Nashik, Maharashtra with effect from the close of business on May 16, 2025.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/349

    MIL OSI Economics –

    May 16, 2025
  • MIL-OSI: EngageLab Supercharges Global E-commerce with Smart Push and Push Plan Features for AppPush & WebPush, Boosting Click-Through Rates by Over 30%

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 16, 2025 (GLOBE NEWSWIRE) — As global e-commerce gears up for a series of major shopping seasons, EngageLab, a leading customer engagement solutions provider recently launched two powerful new features for its AppPush and WebPush products: Smart Push and Push Plan. These enhancements are designed to help global e-commerce businesses significantly improve user engagement, marketing efficiency, and conversion rates, with early adopters already reporting click-through rate increases of over 30%.

    With major sales events like TikTok’s multi-country Summer Sale (June-July), Amazon Prime Day (July), the North American Back-to-School season (July-September), and Southeast Asia’s mega-sales (September) on platforms like Shopee, Lazada, and TikTok Shop rapidly approaching, e-commerce businesses are seeking more intelligent ways to cut through the noise and maximize their marketing ROI. EngageLab’s new features directly address the challenges of optimizing message delivery and managing complex promotional campaigns.

    Feature 1: Smart Push – Deliver Messages at the “Golden Moment”
    EngageLab’s new Smart Push capability eliminates the guesswork in scheduling push notifications. By analyzing users’ recent activity patterns and usage habits, the smart feature predicts the optimal time each user is most likely to be active and engaged. Messages are then delivered precisely according to the user’s local time zone, ensuring notifications arrive at their personal “golden moment.”

    Key Advantages:

    • Higher Click-Through Rates: Delivering messages when users are most active significantly increases visibility and interaction. Clients testing this feature have seen click-through rates improve by over 30%.
    • Increased Conversion Efficiency: Capturing user attention at peak engagement times leads to more effective down-funnel conversions.
    • Enhanced User Experience: Avoids inopportune interruptions, fostering positive brand perception.
    • New User Friendly: For users without historical data, businesses can still opt for immediate delivery, a specific scheduled time, or a time based on the end-user’s local time zone.

    This feature is now available for a limited-time free trial via the EngageLab dashboard.

    Feature 2: Push Plan – Masterful Management for Large-Scale Promotion Campaigns
    Managing the multi-wave, multi-segment, and multi-content push notification strategies required for major global e-commerce campaigns can be complex. The new Push Plan feature provides a centralized command center for these intricate operations.

    Key Advantages:

    • Centralized Campaign Management: Group multiple push tasks targeting the same campaign (e.g., pre-heat, launch, and retargeting phases for a summer sale) into a single “Push Plan” for clear, stage-by-stage communication strategy management.
    • Holistic Performance Insights: Move beyond fragmented data from individual pushes. Push Plan offers consolidated analytics, precisely tracking key metrics like delivery rate, click rate, and conversions across the entire campaign lifecycle.
    • Flexible Operation: Full support via API and Web Portal allows both developers and marketing operators to easily create, manage tasks, track data, and optimize strategies within their Push Plans.
    • Data-Driven Optimization: A clear dashboard provides an at-a-glance view of overall marketing campaign effectiveness, offering robust data support for future strategy refinements.
      • Push Statistics: Detailed tracking of delivery, clicks, and more.
      • Summary Statistics: Comprehensive analysis of conversion rates and overall campaign impact.

    These two new features for AppPush and WebPush are designed to empower businesses with smarter technology and more efficient tools for managing customer engagement. By optimizing message delivery and streamlining campaign management, EngageLab helps businesses enhance user communication, boost marketing efficiency, and achieve sustainable growth in the competitive global marketplace.

    About EngageLab
    EngageLab is a world-leading AI-powered omnichannel customer engagement solution provider, unites technology and versatility to offer seamless customer interactions and marketing automation across every channel, including AppPush, WebPush, Email, OTP, SMS and WhatsApp Business. It empowers businesses to build lasting relationships and achieve higher conversions and retention. With a strong focus on innovation and performance, EngageLab supports businesses in over 220 countries and regions, delivering more than 1 million messages every second across various channels.

    For more information about EngageLab and its suite of solutions, visit www.engagelab.com.

    For Media Inquiries:
    Contact: marketing@engagelab.com 
    Website: www.engagelab.com

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4d1c343b-3c76-486c-859f-5f6be53f41fd

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d2721f75-5dd9-4180-8af7-a221cf79e385

    The MIL Network –

    May 16, 2025
  • Russians and Ukrainians in Turkey for what would be first talks in 3 year

    Source: Government of India

    Source: Government of India (4)

    Russian and Ukrainian negotiators were in Istanbul on Friday for what was billed as their first direct peace talks in more than three years, under pressure from U.S. President Donald Trump to end Europe’s deadliest conflict since World War Two.

    The encounter anticipated at the Dolmabahce Palace on the Bosphorus would be a sign of diplomatic progress between the warring sides, who had not met face-to-face since March 2022, the month following Russia’s invasion.

    Expectations for a major breakthrough, already low, were dented further on Thursday when Trump said there would be no movement without a meeting between himself and Russia’s President Vladimir Putin.

    Trump, winding up a Middle East tour and heading back to Washington, said on Friday he would meet the Russian leader “as soon as we can set it up”.

    In Istanbul, a Reuters reporter saw the first vehicles arriving at the talks venue, including white minibuses and several black cars. A Turkish Foreign Ministry source said a meeting had started between Turkish, U.S. and Ukrainian officials.

    Turkish sources had said the Ukrainian and Russian delegations would meet in the presence of Turkish officials, beginning at 0930 GMT.

    Putin on Sunday proposed direct talks with Ukraine in Turkey, but has spurned a challenge from Ukrainian President Volodymyr Zelenskiy to meet him in person, and instead has sent a team of mid-ranking officials to the talks.

    Zelenskiy said Putin’s decision not to attend but to send what he called a “decorative” lineup showed the Russian leader was not serious about ending the war. Russia accused Ukraine of trying “to put on a show” around the talks.

    U.S. Secretary of State Marco Rubio, who also flew to Istanbul on Friday, told reporters the night before that, based on the level of the negotiating teams, a major breakthrough was unlikely.

    “I hope I’m wrong. I hope I’m 100% wrong. I hope tomorrow the news says they’ve agreed to a ceasefire; they’ve agreed to enter serious negotiations. But I’m just giving you my assessment, honestly,” he said.

    Russia says it sees the talks as a continuation of the negotiations that took place in the early weeks of the war in 2022, also in Istanbul.

    But the terms under discussion then, when Ukraine was still reeling from Russia’s initial invasion, would be deeply disadvantageous to Kyiv. They included a demand by Moscow for large cuts to the size of Ukraine’s military.

    With Russian forces now in control of close to a fifth of Ukraine, Putin has held fast to his longstanding demands for Kyiv to cede territory, abandon its NATO membership ambitions and become a neutral country.

    Ukraine rejects these terms as tantamount to capitulation, and is seeking guarantees of its future security from world powers, especially the United States.

    (Reuters)

    May 16, 2025
  • India and Honduras deepen bilateral ties with inauguration of Honduran Embassy in New Delhi

    Source: Government of India

    Source: Government of India (4)

    External Affairs Minister Dr. S. Jaishankar on Thursday inaugurated the Embassy of Honduras in New Delhi, calling the event a significant milestone in the growing partnership between the two nations.

    Dr. Jaishankar said that it marked a new chapter in bilateral relations. He also expressed appreciation for Honduras’ strong message of solidarity with India in opposing terrorism in all its forms and manifestations.

    The establishment of the Honduran Embassy is expected to enhance diplomatic engagement, promote economic cooperation, and deepen cultural exchanges between the two countries.

    Tracing the evolution of bilateral ties since the establishment of diplomatic relations on 28 September 1994, Dr. Jaishankar noted that the relationship has grown steadily across political, commercial, developmental, and cultural domains. He highlighted that bilateral trade currently stands at approximately USD 310 million and spans a diverse range of goods, including pharmaceuticals, textiles, automobiles, and machinery. India, in turn, imports coffee, wood, and leather from Honduras.

    Dr. Jaishankar said that Indian businesses were showing increasing interest in the renewable energy and IT-enabled services (ITES) sectors in Honduras. He pointed to the recent Memorandum of Understanding signed between Reliance Jio and Hondutel, Honduras’s national telecom operator, for the rollout of 5G infrastructure. According to him, it represents a “significant step in digital connectivity and technological innovation.”

    He went on to emphasize that the Embassy would serve as a hub for trade promotion, facilitating business-to-business connections and enabling greater institutional support for bilateral initiatives. “We see this as an opportunity to encourage more investment partnerships and to share our developmental experiences,” he added.

    The Minister also mentioned ongoing cooperation under the framework of Global South solidarity. In this context, he announced plans to install an early warning disaster management system in Honduras, developed by India’s Centre for Development of Telematics (C-DOT), to enhance the country’s resilience against natural disasters.

    On the multilateral front, Dr. Jaishankar acknowledged Honduras’s consistent support for India at the United Nations and other international forums. He also noted the positive contribution of the small but vibrant Indian diaspora in Honduras, which he said acts as a “living bridge of friendship” between the two nations. The growing interest in Indian culture, yoga, and wellness practices in Honduras was another encouraging sign of deeper people-to-people ties, he said.

    Reflecting on India’s wider engagement with the Latin American region, Dr. Jaishankar said that when he assumed office six years ago, he had committed to increasing India’s diplomatic and developmental footprint in the region. The opening of the Honduran Embassy in New Delhi, he noted, is a reaffirmation of that promise and a sign that such efforts are bearing fruit.

     

    Finally, the External Affairs Minister extended his warmest congratulations to the Honduran delegation and expressed hope that the newly inaugurated mission would pave the way for more intensive interaction and collaboration between the two countries in the years ahead.

    May 16, 2025
  • MIL-OSI Asia-Pac: Speech by SCED at APEC MRT Meeting discussion session on Prosperity through Sustainable Trade (English only)

    Source: Hong Kong Government special administrative region

         Following is the speech by the Secretary for Commerce and Economic Development, Mr Algernon Yau, at the discussion session entitled “Prosperity through Sustainable Trade” at the Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade Meeting in Jeju, Korea, today (May 16):

         Thank you, Chair, and good morning, colleagues.

         Supply chains are the driving engines for today’s global economy, yet they are also highly sensitive and vulnerable to external shocks, as we have witnessed during COVID-19 and in recent days.

         Hong Kong, China (HKC), as an international shipping and logistics hub, has been implementing various measures to support sustainable supply chains. Our Climate Action Plan 2050 steers four major decarbonisation strategies, namely, net-zero electricity generation, energy saving and green buildings, green transport and waste reduction. Increasing the zero-carbon energy supply through renewable energy development, popularising the use of electric commercial vehicles, enhancing the current cross-border electricity transmission infrastructure and developing a green maritime fuel bunkering centre are just a few examples of our efforts on this front. Furthermore, to assist the trade in seizing the business opportunities in green logistics, we have also commenced a study on the development of green and sustainable logistics.

         In December 2024, we launched the roadmap on sustainability disclosure in HKC, as a pathway for large publicly accountable entities to fully adopt, by 2028, the International Financial Reporting Standards – Sustainability Disclosure Standards (ISSB Standards), making HKC to be amongst the first jurisdictions to align its local requirements with the ISSB Standards.

         In parallel, enabling initiatives have been rolled out to equip micro, small and medium-sized enterprises (MSMEs) with the means to manage their environmental footprint and encourage market participants to improve sustainable business practices. Funding schemes and capacity building programmes have also been put in place to encourage the adoption of digital technologies by MSMEs to facilitate the digital transformation of supply chains.

         The issue of supply chains has always been an integral part of APEC discussions since 2009 when our predecessors endorsed the APEC Supply Chain Connectivity Framework Action Plan at the APEC Ministerial Meeting. HKC believes that APEC has a continued key role in facilitating our businesses in strengthening sustainable supply chains. APEC’s role becomes even more important now than ever, when cross-border trade and investments and supply chains face uncertainty and unprecedented challenges.

         To this end, HKC appreciates Korea’s efforts in organising an informative public-private forum on this important topic last week.

         Our collective goal of strengthening sustainable supply chains should never be a trade-off between sustainability and trade, but rather a synergy between the two. HKC is committed to working with all member economies to drive progress towards shared prosperity through sustainable trade.

         Thank you.

    MIL OSI Asia Pacific News –

    May 16, 2025
  • MIL-OSI Asia-Pac: SCED: Hong Kong committed to driving progress towards shared prosperity through sustainable trade (with photos)

    Source: Hong Kong Government special administrative region

    SCED: Hong Kong committed to driving progress towards shared prosperity through sustainable trade  
         Speaking at the session entitled “Prosperity through Sustainable Trade”, Mr Yau said that supply chains are the driving engines for today’s global economy, yet they are also highly sensitive and vulnerable to external shocks.
     
         He depicted that Hong Kong, as an international shipping and logistics hub, has been implementing various measures such as Hong Kong’s Climate Action Plan 2050 and the roadmap on sustainability disclosure in Hong Kong to support sustainable supply chains.
     
         “In parallel, enabling initiatives have been rolled out to equip micro, small and medium-sized enterprises (MSMEs) with the means to manage their environmental footprint and encourage market participants to improve sustainable business practices. Funding schemes and capacity-building programmes have also been put in place to encourage the adoption of digital technologies by MSMEs to facilitate the digital transformation of supply chains,” Mr Yau said.
     
         Mr Yau stressed that the issue of supply chains has always been an integral part of APEC discussions, and APEC’s role becomes even more important now than ever, when cross-border trade and investments and supply chains face uncertainty and unprecedented challenges.
     
         Mr Yau said he believed that the collective goal of strengthening sustainable supply chains should never be a trade-off between sustainability and trade, but rather a synergy between the two. Hong Kong is committed to working with all member economies to drive progress towards shared prosperity through sustainable trade.
     
         On the sidelines of the MRT Meeting, Mr Yau held a bilateral meeting with State Minister of Economy, Trade and Industry of Japan Mr Ogushi Masaki to exchange views on various trade and economic issues.
     
         The two-day MRT Meeting concluded. Mr Yau will return to Hong Kong tomorrow morning (May 17).
    Issued at HKT 17:00

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    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    May 16, 2025
  • MIL-OSI Asia-Pac: Thundery Showers Mostly Between Early Hours And Morning In The Coming Week

    Source: Government of Singapore

    Singapore, 16 May 2025 – Inter-monsoon conditions are expected to continue in the second fortnight of May 2025, with winds mainly light and variable in direction, and blowing from the southeast or southwest on some days. 

    2          In the first week of the fortnight, Sumatra squalls may bring widespread thundery showers and gusty winds between the early hours and morning on some days. Thereafter, localised short-duration thundery showers are expected over parts of the island on a few afternoons. The total rainfall for the second fortnight of May 2025 is forecast to be near average over most parts of the island.

    3          The daily maximum temperatures are likely to be around 34 degrees Celsius on most days, and reach 35 degrees Celsius on a few days..

    4          For updates of the daily weather forecast, please visit the MSS website (www.weather.gov.sg), NEA website (www.nea.gov.sg), or download the myENV app.

     REVIEW OF THE PAST TWO WEEKS (16 – 29 APRIL 2025)

    5          Inter-monsoon conditions prevailed over Singapore and the surrounding region in the first fortnight of May 2025. The prevailing winds were generally light and variable in direction.

    6          Moderate to heavy thundery showers fell over parts of Singapore on most days. On 5 May 2025, regional convergence of winds brought heavy thundery showers over many areas of Singapore in the early afternoon. The daily total rainfall of 99.4 mm recorded at Bukit Timah that day was the highest rainfall recorded for the first fortnight of May 2025.

     7          The daily maximum temperatures in the first fortnight of May 2025 were above 34 degrees Celsius on most days. The highest daily maximum temperature of 35.4 degree Celsius was recorded at Paya Lebar on 3 May 2025.

     8          Most parts of Singapore recorded above average rainfall in the first fortnight of May 2025. The rainfall around Bukit Timah was about 170 per cent above average and the rainfall around Tengah about 60 per cent below average.

    CLIMATE STATION STATISTICS

     Long-term Statistics for May
     (Climatological reference period: 1991-2020)
    Average daily maximum temperature: 32.3      °C
    Average daily minimum temperature: 25.7 °C
    Average monthly temperature: 28.6 °C
         
    Average rainfall: 164.3 mm
    Average number of rain days: 15  
    Historical Extremes for May
     (Rainfall since 1869 and temperature since 1929)
    Highest monthly mean daily maximum temperature: 33.6  °C (1997)
    Lowest monthly mean daily minimum temperature: 23.5  °C (1974)
         
    Highest monthly rainfall ever recorded:  386.6  mm (1892)
    Lowest monthly rainfall ever recorded: 41.6  mm (1997)

     
    METEOROLOGICAL SERVICE SINGAPORE

    16 May 2025

    ~~ End ~~

    For more information, please submit your enquiries electronically via the Online Feedback Form or myENV mobile application.

    MIL OSI Asia Pacific News –

    May 16, 2025
  • MIL-OSI: xSuite Nordic Invites Customers to the 2025 User Conference in Copenhagen

    Source: GlobeNewswire (MIL-OSI)

    Under the Theme “One Team. One Journey,” the Software Provider Showcases Innovations and Solutions for the Finance Sector

    Copenhagen/Denmark, May 16, 2025 – xSuite Nordic cordially invites users and partners to its 2025 User Conference on June 12 in Copenhagen, offering an immersive experience into future-ready technologies. This one-day event will bring together IT and finance professionals to explore key developments in invoice processing, artificial intelligence, SAP S/4HANA, cloud computing, and SAP Clean Core strategies.

    Attendees will gain valuable insights into how technologies such as AI and cloud platforms are accelerating digital transformation and opening new opportunities in finance. xSuite will present its latest product innovations, share its strategic roadmap, and provide a glimpse into emerging tech trends that are reshaping the financial landscape.

    Program Highlights

    1. Deep Dive: Artificial Intelligence – Discover how xSuite’s Prediction Server delivers AI-powered support for invoice processing within SAP environments. This session will demonstrate how AI is extending its reach across financial workflows and how Large Language Models (LLMs) are revolutionizing document recognition and data extraction.

    2. Deep Dive: SAP S/4HANA and Cloud – With many organizations advancing their SAP S/4HANA migration, aligning with SAP’s Clean Core strategy is becoming critical—even within Private Cloud infrastructures—to avoid future technical debt. This session will provide insights into xSuite’s modern solution architecture, including SAP-integrated Business Solutions 6.0 and applications built on the SAP Business Technology Platform (BTP).

    The conference will conclude with networking opportunities and open discussions about customer requirements, highlighting xSuite’s role as a trusted partner in digital transformation.

    Event Details:
    xSuite User Conference
    Date: June 12, 2025
    Location: Danish Architecture Center  | Bryghuspladsen 10 | 1473 Copenhagen

    Time: 09:00 AM – 3:00 PM
    More information and registration: xSuite User Conference 2025 in Copenhagen

    About xSuite Group

    xSuite is a software manufacturer of applications for document-based processes and provides standardized, digital solutions worldwide that enable simple, secure, and fast work. We focus mainly on the automation of important work processes in conjunction with end-to-end document management. Our core competence lies in accounts payable (AP) automation in SAP (including
    e-invoicing), for leading companies worldwide, as well as for public clients. This is supplemented by applications for purchasing and order processes as well as archiving – all delivered from a single source, including both software components and services. xSuite solutions operate in the cloud or in hybrid scenarios. We take pride in the high-quality solutions we offer, as evidenced by the regular certifications we receive for our SAP solutions and deployment environments.” With over 300,000 users benefitting from our solutions, xSuite processes more than 80 million documents per year in over 60 countries.

    Founded in 1994 and headquartered in Ahrensburg, Germany, xSuite has around 300 staff across nine locations worldwide – in Europe, Asia, and the United States. Our company has an established information security management system that is certified in accordance with ISO 27001:2022.

    Contact:
    Barbara Wirtz
    xSuite Group GmbH
    Marketing & PR
    Tel. +49 (0)4102/88 38 36
    barbara.wirtz@xsuite.com
    www.xsuite.com

    Attachment

    • UC-2025-Copenhagen 880×450

    The MIL Network –

    May 16, 2025
  • MIL-OSI Economics: Exim Bank’s GOI-supported Line of Credit (LOC) for USD 700 million to the Govt. of Mongolia (GO-MNG), for financing construction of Crude Oil Refinery Plant in Mongolia

    Source: Reserve Bank of India

    RBI/2025-2026/37
    A.P. (DIR Series) Circular No. 05/2025-26

    May 16, 2025

    All Category – I Authorised Dealer Banks

    Madam/Sir

    Exim Bank’s GOI-supported Line of Credit (LOC) for USD 700 million
    to the Govt. of Mongolia (GO-MNG), for financing construction of
    Crude Oil Refinery Plant in Mongolia

    Export-Import Bank of India (Exim Bank) has entered into an agreement dated January 16, 2025, with the Government of Mongolia (GO-MNG), for making available to the latter, Government of India supported Line of Credit (LoC) of USD 700 Mn(USD Seven Hundred Million only) for financing construction of Crude Oil Refinery Plant in Mongolia.

    2. The export of eligible goods and services from India, as defined under the agreement, would be allowed, subject to their eligibility under the Foreign Trade Policy of the Government of India and whose purchase may be agreed to be financed by the Exim Bank under this agreement.

    3. The Agreement under the LoC is effective from May 06, 2025. Under the LoC, the last date for disbursement will be 48 months after scheduled completion date of the contract.

    4. Shipments under the LoC shall be declared in Export Declaration Form/Shipping Bill as per instructions issued by the Reserve Bank from time to time.

    5. No agency commission is payable for export under the above LoC. However, if required, the exporter may use his own resources or utilize balances in his Exchange Earners’ Foreign Currency Account for payment of commission in any foreign currency. Authorised Dealer (AD) Category-I banks may allow such remittance after realization of full eligible value of export, subject to compliance with the extant instructions for payment of agency commission.

    6. AD Category – I banks may bring the contents of this circular to the notice of their exporter constituents and advise them to obtain complete details of the LoC from the Exim Bank’s office at Centre One, Floor 21, World Trade Centre Complex, Cuffe Parade, Mumbai 400 005 or from their website www.eximbankindia.in.

    7. The directions contained in this circular have been issued under section 10(4) and 11(1) of the Foreign Exchange Management Act (FEMA), 1999 (42 of 1999) and are without prejudice to permissions/ approvals, if any, required under any other law.

    Yours faithfully

    (N Senthil Kumar)
    Chief General Manager

    MIL OSI Economics –

    May 16, 2025
  • MIL-OSI Asia-Pac: 41 landlords of subdivided units under regulated tenancies convicted of contravening relevant statutory requirements

    Source: Hong Kong Government special administrative region

    41 landlords of subdivided units under regulated tenancies convicted of contravening relevant statutory requirements 
         The offences of these 41 landlords include (1) failing to submit a Notice of Tenancy (Form AR2) to the Commissioner of Rating and Valuation within 60 days after the term of the regulated tenancy commenced; and (2) requesting the tenant to pay money other than the types permitted under the Ordinance (including requiring the tenant to pay an amount of rent for the second-term tenancy exceeding the maximum amount of rent permitted under the Ordinance). One of the landlords committed eight offences under (1) and (2) and was fined $9,200.

         The RVD earlier discovered that the landlords failed to comply with the relevant requirements under the Ordinance. Upon an in-depth investigation and evidence collection, the RVD prosecuted against the landlords.
     
         A spokesman for the RVD reiterated that SDU landlords must comply with the relevant requirements under the Ordinance, including prohibiting landlords from doing any act calculated to interfere with the peace or comfort of members of the tenant’s household, with the intention of causing the tenant to give up occupation of the SDU; or requiring the tenant to pay an amount of rent for the second-term tenancy exceeding the maximum amount of rent permitted under the Ordinance, and also reminded  tenants of their rights under the Ordinance, including a four-year (i.e. two years plus two years) security of tenure. He also stressed that the RVD will continue to take resolute enforcement action against any contraventions of the Ordinance. Apart from following up on reported cases, the RVD has been adopting a multipronged approach to proactively identify, investigate and follow up on cases concerning landlords who are suspected of contravening the Ordinance. In particular, the RVD has been requiring landlords of regulated tenancies to provide information and reference documents of their tenancies for checking whether they have complied with the requirements of the Ordinance. If a landlord, without reasonable excuse, refuses to provide the relevant information or neglects the RVD’s request, the landlord commits an offence and is liable to a maximum fine at level 3 ($10,000) and to imprisonment for three months. Depending on the actual circumstances, and having regard to the information and evidence collected, the RVD will take appropriate actions on individual cases, including instigating prosecution against suspected contraventions of the Ordinance. In addition, the RVD has started a new round of publicity and education work to enhance public awareness about key offences and penalties, emphasising that the RVD proactively checks whether landlords have committed the offences under the Ordinance.  
         The RVD reminds that pursuant to the Ordinance, a regulated cycle of regulated tenancies is to comprise two consecutive regulated tenancies (i.e. the first-term tenancy and second-term tenancy) for an SDU, and the term of each regulated tenancy is two years. A tenant of a first-term tenancy for an SDU is entitled to be granted a second-term tenancy of the regulated cycle, thus enjoying a total of four years of security of tenure. The RVD has been issuing letters enclosing relevant information to the landlords and tenants concerned of regulated tenancies in batches, according to the expiry time of their first-term tenancies, to assist them in understanding the important matters pertaining to the second-term tenancy, and to remind them about the procedures that need to be followed about two months prior to the commencement of the purported second-term tenancy as well as their respective obligations and rights under the Ordinance. These landlords and tenants may also visit the dedicated page for the second-term tenancy on the RVD’s website (www.rvd.gov.hk/en/tenancy_matters/second_term_tenancy.html 
         For enquiries related to regulated tenancies, please call the telephone hotline (2150 8303) or visit the RVD’s webpage (
    www.rvd.gov.hk/en/our_services/part_iva.htmlIssued at HKT 16:10

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    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    May 16, 2025
  • MIL-OSI Asia-Pac: May 2025 issue of “Hong Kong Monthly Digest of Statistics” now available

    Source: Hong Kong Government special administrative region

    May 2025 issue of “Hong Kong Monthly Digest of Statistics” now available 
         Apart from providing up-to-date statistics, this issue also contains a feature article entitled “Currency Composition of Hong Kong’s International Investment Position, 2020 to 2024”.
     
    “Currency Composition of Hong Kong’s International Investment Position, 2020 to 2024”
     
         International Investment Position (IIP) is an important statistic in the system of macroeconomic accounts that summarises the external position of an economy with the rest of the world. It is a balance sheet showing an economy’s stock of external financial assets and liabilities at a particular time point. The difference between the total value of external financial assets and liabilities is the net IIP of an economy, which provides a measure of net financial claims on non-residents plus gold bullion held as monetary gold.
     
         In recent years, international community, such as the G20 Data Gap Initiative co-ordinated by the International Monetary Fund, has been advocating for the compilation of currency composition of IIP. In response to the initiatives and the needs of data users, the Census and Statistics Department has compiled and disseminated the statistics on the currency composition of Hong Kong’s IIP on a quarterly basis since the reference period of the first quarter of 2020, with data series backcasted to the reference period of the first quarter of 2017.
     
         This feature article briefly introduces the data source for compiling the statistics in Hong Kong and the use of the statistics in assessing the external position. It also highlights the salient features of the currency composition of Hong Kong’s IIP from 2020 to 2024.
     
         For enquiries about this feature article, please contact the Balance of Payments Branch (1) of the C&SD (Tel: 3903 6990; email: bop@censtatd.gov.hk 
         Published in bilingual form, the HKMDS is a compact volume of official statistics containing about 130 tables. It collects up-to-date statistical series on various aspects of the social and economic situation of Hong Kong. Topics include population; labour; external trade; National Income and Balance of Payments; prices; business performance; energy; housing and property; government accounts, finance and insurance; and transport, communications and tourism. For selected key statistical items, over 20 charts depicting the annual trend in the past decade and quarterly or monthly trend in the recent two years are also available. Users can download the Digest at the website of the C&SD (
    www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1010002&scode=460 
         Enquiries about the contents of the Digest can be directed to the Statistical Information Dissemination Section (1) of the C&SD (Tel: 2582 4738; email:
    gen-enquiry@censtatd.gov.hkIssued at HKT 16:30

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    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    May 16, 2025
  • MIL-OSI Asia-Pac: Economic performance in first quarter of 2025 and latest GDP and price forecasts for 2025

    Source: Hong Kong Government special administrative region

         The Government released today (May 16) the First Quarter Economic Report 2025, together with the revised figures on Gross Domestic Product (GDP) for the first quarter of 2025.
     
         The Acting Government Economist, Dr Cecilia Lam, gave an account of the economic performance in the first quarter of 2025 and the latest GDP and price forecasts for 2025.
     
    Main points
     
    * The Hong Kong economy expanded solidly in the first quarter of 2025, mainly supported by visible increases in exports of goods and services, as well as the resumption of moderate growth in overall investment expenditure. Yet, private consumption expenditure continued to register a modest decline. Real GDP expanded by 3.1% year-on-year in the first quarter, picking up from the 2.5% growth in the preceding quarter. On a seasonally adjusted quarter-to-quarter basis, real GDP grew visibly by 1.9%.

    * The global economy maintained steady growth in the first quarter. With broadly sustained external demand, as well as some front-loading of shipments in anticipation of tariff hikes by the United States in early April, Hong Kong’s total exports of goods saw visibly accelerated growth, up 8.4% year-on-year in real terms. Meanwhile, thanks to the further increase in visitor arrivals, growth in cross boundary traffic, and notable increase in cross-boundary financial and fund raising activities, total exports of services continued to expand visibly in the first quarter, by 6.6% year-on-year in real terms.

    * Domestically, overall investment expenditure resumed moderate growth, rising by 2.8% year-on-year in real terms, underpinned by a visible increase in expenditure on acquisitions of machinery, equipment, and intellectual property products, as well as a sharp rise in costs of ownership transfer due to a markedly higher number of property transactions compared to the same period last year. Yet, private consumption expenditure continued to register a small decline of 1.1%, reflecting the lingering impact of changes in residents’ consumption patterns. 

    * The labour market remained tight in the first quarter. The seasonally adjusted unemployment rate stayed low at 3.2%, slightly higher than the 3.1% in the preceding quarter. The underemployment rate remained at a low level of 1.1%. Employment earnings continued to record solid growth.

    * The local stock market once rallied in the first quarter, driven by the Mainland’s breakthrough development in artificial intelligence (AI) and the Central Government’s measures to stimulate the domestic economy as unveiled at the “two sessions”. However, the market cooled down towards the end of the quarter amid concerns over the United States’ trade policy outlook. The residential property prices remained soft. 

    * Consumer price inflation stayed modest in the first quarter. The underlying Composite Consumer Price Index (Composite CPI) increased by 1.2% over a year earlier, same as the increase in the preceding quarter. Price pressures on various major components stayed largely contained. Including the effects of the Government’s one-off relief measures, the headline Composite CPI increased by 1.6% over a year earlier, higher than the 1.4% increase in the preceding quarter. 

    * As international trade tensions have eased somewhat of late, the headwinds and uncertainties in the external environment have lessened to some extent. This may relieve part of the downward pressure on the global economic outlook. Moreover, the sustained steady growth of the Mainland economy amid more proactive fiscal policies and the moderately accommodative monetary policies should bode well for the performance of merchandise exports in Asia including Hong Kong. Sustained international trade flows, coupled with improving inbound tourism, are also expected to benefit Hong Kong’s exports of services. However, uncertainties in the trade policies of the United States persist, and its monetary policy trajectory going forward is still complicated. These may affect global financial conditions and investment sentiment. Apart from this, the change in consumption patterns of residents and visitors would still pose constraints on driving consumption in the domestic market, though sustained increase in employment earnings and the SAR Government’s various policies to promote mega events and tourism would help boost consumption sentiment.

    * Taking into account the actual outturn in the first quarter and the latest developments of the global and local situation, the real GDP growth forecast for 2025 as a whole is maintained at 2%-3%, the same as that announced in the Budget. The Government will continue to closely monitor the situation.

    * On the inflation outlook, overall inflation should remain modest in the near term as pressures from domestic costs and external prices should stay broadly in check. Considering that the inflation situation in the first quarter was broadly in line with earlier expectations, the forecasts for the underlying and headline consumer price inflation rates for 2025 are maintained at 1.5% and 1.8% respectively, the same as those announced in the Budget.
     
    Details
     
    GDP
     
         According to the revised figures released today by the Census and Statistics Department, real GDP grew by 3.1% year-on-year in the first quarter of 2025 (same as the advance estimate), having increased by 2.5% in the preceding quarter. On a seasonally adjusted quarter-to-quarter comparison, real GDP rose by 1.9% in the first quarter (revised from the advance estimate of 2.0%), after a 0.9% increase in the preceding quarter (Chart).
     
         The latest figures on GDP and its major expenditure components up to the first quarter of 2025 are presented in Table 1. Developments in different segments of the economy in the first quarter are described below.
     
    External trade
     
         Supported by broadly sustained external demand as well as some front loading of shipments in anticipation of tariff hikes by the United States in early April, total exports of goods posted accelerated year-on-year growth of 8.4% in real terms in the first quarter, following a 1.3% increase in the preceding quarter. Analysed by major market and by reference to external merchandise trade statistics, exports to the Mainland grew strongly in the first quarter over a year earlier. Exports to the United States rose back, while those to the European Union fell further. Exports to ASEAN markets soared, while those to high-income Asian economies showed mixed performance. On a seasonally adjusted quarter-to-quarter basis, total exports of goods increased notably by 10.2% in real terms in the first quarter.
     
         Exports of services continued to expand visibly by 6.6% in real terms in the first quarter over a year earlier, after growing by 6.5% in the preceding quarter. Exports of all major service groups rose further. Specifically, exports of travel and transport services continued to expand, supported by the further increase in visitor arrivals and growth in cross-boundary traffic. Exports of financial services rose sharply, thanks to the notable increase in cross-boundary financial and fund raising activities. On a seasonally adjusted quarter-to-quarter basis, exports of services were virtually unchanged in real terms in the first quarter.
     
    Domestic sector
     
         Private consumption continued to be subject to the lingering impact of changes in residents’ consumption patterns in the first quarter. Private consumption expenditure declined modestly by 1.1% in real terms from a year ago, after a marginal decline of 0.2% in the preceding quarter. On a seasonally adjusted quarter to quarter basis, private consumption expenditure decreased by 1.6% in real terms. Meanwhile, government consumption expenditure increased by 1.2% in real terms in the first quarter over a year earlier, after rising by 2.1% in the preceding quarter. On a seasonally adjusted quarter to quarter basis, government consumption expenditure increased by 0.5% in real terms.
     
         Overall investment expenditure in terms of gross domestic fixed capital formation resumed moderate growth in the first quarter, rising by 2.8% year-on-year in real terms, after a modest decline of 0.7% in the preceding quarter. Within the total, expenditure on machinery, equipment, and intellectual property products increased visibly. The costs of ownership transfer rose sharply due to a markedly higher number of property transactions compared to the same period last year. Yet, expenditure on building and construction declined moderately.
     
    The labour sector
     
         The labour market remained tight in the first quarter of 2025. The seasonally adjusted unemployment rate stayed low at 3.2%, slightly higher than the 3.1% in the preceding quarter. The underemployment rate remained at a low level of 1.1%. The median monthly employment earnings of full-time employees in nominal terms increased by 6.4% year-on-year in the first quarter.
     
    The asset markets
     
         After staying largely range-bound in January 2025, the local stock market rallied after the Chinese New Year holidays through mid-March, as market sentiment was fuelled by the Mainland’s breakthrough development in AI and the Central Government’s measures to stimulate the domestic economy as unveiled at the “two sessions”. However, the market cooled down towards the end of the quarter amid concerns over the United States’ trade policy outlook. The Hang Seng Index (HSI) hit a three-year high of 24 771 on March 19, before retreating somewhat to close the first quarter at 23 120, up 15.3% from end-2024. In early April, trade tensions escalated abruptly due to the significant increase in import tariffs by the United States, and the global financial markets were volatile at that time. The HSI also fell in tandem, but it has recently resumed its uptrend.
     
         The residential property prices remained soft in the first quarter. Market sentiment turned more cautious towards the end of March amid growing external uncertainties from the United States’ trading and monetary policies. Overall flat prices fell by 2% in the first quarter. The index of home purchase affordability improved slightly further to around 59% in the first quarter alongside easing flat prices during the quarter, but remained above the long-term average of 56% over 2005 2024. The number of transactions, in terms of the total number of sale and purchase agreements for residential property received by the Land Registry, retreated by 19% from the preceding quarter to 12 193 in the first quarter, but was 24% higher than the level a year ago. On the other hand, overall flat rentals continued to show resilience, edging up by 0.4% during the first quarter. As to the non-residential property market, it remained generally weak in the first quarter, with trading activities across major market segments showing mixed performance, as well as prices and rentals declining further.
     
    Prices
     
         Consumer price inflation stayed modest in the first quarter of 2025. The underlying Composite CPI increased by 1.2% over a year earlier in the first quarter, same as the increase in the preceding quarter. Within this, food prices as a whole increased mildly. Private housing rentals saw a slightly accelerated increase. Price pressures on other major components stayed largely contained. Including the effects of the Government’s one-off relief measures, the headline Composite CPI increased by 1.6% over a year earlier, higher than the 1.4% increase in the preceding quarter. The headline inflation rate was higher than its underlying counterpart in the first quarter, as the electricity charges subsidy provided by the Government was smaller compared with the same period last year.
     
    Latest GDP and price forecasts for 2025
     
         As international trade tensions have eased somewhat of late, the headwinds and uncertainties in the external environment have lessened to some extent. This may relieve part of the downward pressure on the global economic outlook. Moreover, the sustained steady growth of the Mainland economy amid more proactive fiscal policies and the moderately accommodative monetary policies should bode well for the performance of merchandise exports in Asia including Hong Kong. Sustained international trade flows, coupled with improving inbound tourism, are also expected to benefit Hong Kong’s exports of services. However, uncertainties in the trade policies of the United States persist, and its monetary policy trajectory going forward is still complicated. These may affect global financial conditions and investment sentiment. Apart from this, the change in consumption patterns of residents and visitors would still pose constraints on driving consumption in the domestic market, though sustained increase in employment earnings and the SAR Government’s various policies to promote mega events and tourism would help boost consumption sentiment.
     
         Taking into account the actual outturn in the first quarter and the latest developments of the global and local situation, the real GDP growth forecast for 2025 as a whole is maintained at 2%-3%, the same as that announced in the Budget (Table 2). The Government will continue to closely monitor the situation. For reference, the latest growth forecasts by private sector analysts range between 1.0% to 2.5%.
     
         On the inflation outlook, overall inflation should remain modest in the near term as pressures from domestic costs and external prices should stay broadly in check. Considering that the inflation situation in the first quarter was broadly in line with earlier expectations, the forecasts for the underlying and headline consumer price inflation rates for 2025 are maintained at 1.5% and 1.8% respectively, the same as those announced in the Budget (Table 2).
     
         The First Quarter Economic Report 2025 is now available for online download, free of charge at www.hkeconomy.gov.hk/en/situation/index.htm. The Report of the Gross Domestic Product by Expenditure Component, which contains the GDP figures up to the first quarter of 2025, is also available for browse and download, free of charge on the homepage of the Census and Statistics Department, www.censtatd.gov.hk.

    MIL OSI Asia Pacific News –

    May 16, 2025
  • MIL-Evening Report: Media Council makes ‘stop Telikom PNG silencing journalists’ plea to PM Marape

    The Media Council of Papua New Guinea (MCPNG) has called on Prime Minister James Marape to stop Telikom PNG silencing and suppressing media personnel.

    Telikom PNG, which is 100 percent government-owned, has two key outlets: FM100 radio and EMTV.

    Recently, it sacked FM100 talkback host Culligan Tanda after he featured opposition East Sepik Governor Allan Bird on his show, following the most recent vote of no confidence.

    Local media report that Tanda was initially suspended for three weeks without pay on April 22, and subsequently terminated.

    MCPNG president Neville Choi said this was just the latest example of media suppression by Telikom PNG going back to 2018.

    He said that he himself was sacked in 2019 after EMTV had run a story quoting the former New Zealand Prime Minister Jacinda Ardern saying she would not be riding in one of the PNG government’s luxury Maseratis during an APEC (Asia-Pacific Economic Cooperation) meeting in Port Moresby.

    Choi said the story, though correct, was perceived as painting the government of the day in a “negative light”.

    ‘Free, robust media essential’
    He said a “free, robust, and independent media is an essential pillar of democracy”.

    “It is the cornerstone of allowing freedom of speech, and freedom of expression.

    “Being in a position of power and authority gives no one, especially brown-nosing public servants wanting to score brownie points with the sitting government administration, the right to suppress media workers who are only doing their jobs, and doing it well,” he said.

    The council also reminded the management’s of state-owned media organisations, that the Organic Law on the Independent Commission Against Corruption (ICAC) defined corrupt conduct by public officials and the dishonest exercising and abuse of official functions.

    According to a PNG Haus Bung report, Marape has directed his chief of staff to get to the bottom of the issue.

    He has also denied government interference, according to a report by Exeprenuer.

    “We don’t get down that low as to editorial content,” Marape was quoted as saying by the the online magazine.

    In December, Marape gave “full assurance that my government will not dilute the media’s role.”

    This article is republished under a community partnership agreement with RNZ.

    Article by AsiaPacificReport.nz

    MIL OSI Analysis – EveningReport.nz –

    May 16, 2025
  • MIL-OSI United Kingdom: Change of His Majesty’s Ambassador to China: Peter Wilson

    Source: United Kingdom – Executive Government & Departments 3

    Press release

    Change of His Majesty’s Ambassador to China: Peter Wilson

    Mr Peter Wilson CMG has been appointed His Majesty’s Ambassador to China

    Mr Peter Wilson CMG has been appointed His Majesty’s Ambassador to the People’s Republic of China in succession to Dame Caroline Wilson DCMG, who will be transferring to another Diplomatic Service appointment.  Mr Wilson will take up his appointment during August 2025.

    Curriculum Vitae

    Full name: Peter Michael Alexander Wilson

    Year Role
    March 2023 to 2024 FCDO, Director-General for Europe
    Dec 2022 to March 2023 Cabinet Office, Director General, National Security Secretariat, responsible for the UK/France Summit
    March to Sept 2022 No 10 Downing Street, Principal Private Secretary to the Prime Minister
    2021 to 2022 Brasilia, Her Majesty’s Ambassador
    2017 to 2021 The Hague, Her Majesty’s Ambassador and UK Permanent Representative to the Organisation for the Prohibition of Chemical Weapons
    2013 to 2017 New York, Ambassador and Deputy Permanent Representative, UK Mission to the UN
    2010 to 2013 FCO, Director, Asia Pacific
    2007 to 2010 Beijing, Political Counsellor
    2005 to 2006  Islamabad, Political Counsellor
    2003 to 2004  FCO, Head of Policy, Directorate of Strategy and Innovation
    1999 to 2002 Brussels, Head, European Parliament Team, UK Permanent Representation to the EU
    1995 to 1998 Beijing, Second Secretary, Trade
    1993 to 1995 Language Training (Mandarin)
    1992 to 1993 FCO, Member of the Maastricht Treaty Bill Team
    1992 Joined FCO
    1990 to 1992 Harvard Kennedy School, Masters in Public Administration

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Email the FCDO Newsdesk (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

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    Updates to this page

    Published 16 May 2025

    MIL OSI United Kingdom –

    May 16, 2025
  • India to conduct first biological experiment on ISS to study sustainability of human life in space: Jitendra Singh

    Source: Government of India

    Source: Government of India (4)

    India is set to conduct its first-ever biological experiments aboard the International Space Station (ISS) to explore the sustainability of human life in space, Union Minister of State for Science & Technology Jitendra Singh announced on Thursday.

    The research is part of the BioE3 (Biotechnology for Economy, Environment & Employment) policy, launched under the leadership of Prime Minister Narendra Modi, and represents a collaborative effort between the Indian Space Research Organisation (ISRO) and the Department of Biotechnology (DBT).

    The experiments will be conducted during the upcoming AXIOM-4 mission to the ISS, now scheduled to launch on June 8 from NASA’s Kennedy Space Center in Florida. Group Captain Shubhanshu Shukla will represent India as a crew member on this milestone mission.

    The first experiment will examine the effects of microgravity and space radiation on the growth of edible microalgae—a nutrient-rich potential food source for long-duration space missions.

    With high protein, lipid, and bioactive compound content, microalgae also offer exceptional photosynthetic efficiency, enabling effective carbon dioxide absorption and oxygen production in closed environments like spacecraft. Their short growth cycle and biomass productivity make them a promising candidate for sustainable food and air regeneration systems in space.

    The second experiment will investigate the growth and proteomic responses of cyanobacteria—specifically Spirulina and Synechococcus—under microgravity, using both urea- and nitrate-based media.

    Spirulina, known as a space “superfood,” is rich in proteins and vitamins and can potentially help recycle carbon and nitrogen from human waste, making it valuable for closed-loop life support systems in long-term missions or extraterrestrial habitats.

    Both experiments are being developed in collaboration with scientists from the International Centre for Genetic Engineering and Biotechnology (ICGEB), New Delhi, under the broader ISRO-DBT research partnership.

    Singh highlighted these developments during a visit to the newly inaugurated DBT-ICGEB Biofoundry, a state-of-the-art facility built on the Design-Build-Test-Learn (DBTL) model. The facility, which was virtually inaugurated during the 31st Meeting of the ICGEB Board of Governors, aims to accelerate synthetic biology and biomanufacturing research.

    Singh praised PM Modi’s “visionary leadership” for propelling India’s biotechnology sector to global prominence and emphasized the strategic importance of the BioE3 Policy. Approved by the Union Cabinet in 2024, the policy seeks to drive innovation and growth across six strategic areas: bio-based chemicals and enzymes, smart proteins and functional foods, precision therapeutics, climate-resilient agriculture, carbon capture and utilization, and marine and space research.

    May 16, 2025
  • All eyes on Doha as Neeraj Chopra launches 2025 campaign

    Source: Government of India

    Source: Government of India (4)

    India’s two-time Olympic medallist and reigning World Champion in javelin throw, Neeraj Chopra, is set to begin his 2025 Diamond League campaign in Doha, Qatar. This marks his first competitive appearance of the season in the prestigious international series.

    Aiming for the elusive 90m mark

    The elusive 90-metre barrier remains one of Chopra’s key goals heading into the season. Despite winning gold at the Tokyo 2020 Olympics and silver at Paris 2024, the landmark distance continues to stay just out of reach.

    For the new season, Neeraj Chopra has shifted to training under Czech javelin legend Jan Železný, a three-time Olympic gold medallist and the current world record holder. This move marks the end of his successful partnership with biomechanics expert Dr. Klaus Bartonietz, under whose guidance he achieved both Olympic and World Championship glory.

    The meet in Doha carries added importance for Chopra, as it will be his only major competition in May. His next planned appearance, the NC Classic 2025 in Bengaluru, was cancelled. The meet, originally set for May 24, was being organised in collaboration with World Athletics and the Athletics Federation of India.

    In Doha, Chopra will face a strong field of elite competitors. The lineup includes Anderson Peters of Grenada, a two-time world champion and 2024 Olympic bronze medallist; Jakub Vadlejch of Czechia, last year’s winner in Doha; Germany’s Julian Weber and Max Dehning; Kenya’s Julius Yego; and Japan’s Roderick Genki Dean. Pakistan’s Arshad Nadeem, the reigning Olympic champion, will be absent as he focuses on preparations for the Asian Athletics Championships in Korea.

    India will also have representation beyond Chopra. Asian Games silver medallist Kishore Kumar Jena will also compete in the men’s javelin event. On the track, national record holder Gulveer Singh will run in the men’s 5000 metres, while Parul Chaudhary will compete in the women’s 3000 metres steeplechase.

    Neeraj Chopra’s event is scheduled to begin at 10:13 PM IST on Friday, May 16. The meet will not be broadcast on television but will be streamed live on the Wanda Diamond League’s official YouTube channel and Facebook page.

    May 16, 2025
  • MIL-OSI Asia-Pac: Fraudulent websites and internet banking login screens related to Chong Hing Bank Limited

    Source: Hong Kong Government special administrative region

    Fraudulent websites and internet banking login screens related to Chong Hing Bank Limited 
    The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks’ websites to carry out transactions. They will not ask customers for sensitive personal information, such as login passwords or one-time password, by phone, email or SMS (including via embedded hyperlinks).
     
    Anyone who has provided his or her personal information, or who has conducted any financial transactions, through or in response to the websites or login screens concerned, should contact the bank using the contact information provided in the press release, and report the matter to the Police by contacting the Crime Wing Information Centre of the Hong Kong Police Force at 2860 5012.
    Issued at HKT 15:13

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    May 16, 2025
  • PIB flags AI-generated fake Daily Telegraph report cited by Pakistan minister

    Source: Government of India

    Source: Government of India (4)

    The central government has flagged yet another instance of fake news pushed by Pakistan, this time involving a digitally altered image of a UK newspaper’s front page that falsely praised the Pakistan Air Force. The Press Information Bureau (PIB) said the image, circulated widely on social media, was AI-generated and never published by The Daily Telegraph.

    The image, dated May 10, carried the headline: “Pakistan Air Force: The Undisputed King of the Skies.” The Press Information Bureau’s (PIB) Fact Check unit confirmed the image was digitally altered and not published by The Daily Telegraph.

    What raised further alarm was the image being referenced by Pakistan’s Foreign Minister Ishaq Dar during a statement in the country’s Senate on May 15. PIB flagged the move, saying that an official endorsement of a fabricated report “intentionally lent official weight to a piece of digital deception.”

    https://x.com/PIBFactCheck

    This is not the first time Pakistan-linked accounts have been flagged by PIB. Earlier this week, the fact-checking body debunked another claim related to an alleged Indian Air Force (IAF) casualty during ‘Operation Sindoor’. Viral images suggested the last rites of a Rafale pilot were conducted after the reported mission. PIB clarified the image used was from 2008 and unrelated to any recent developments.

    May 16, 2025
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