Category: Asia

  • MIL-OSI Global: Fifty years ago, Junko Tabei became the first woman to summit Everest – why do so few people know her story?

    Source: The Conversation – UK – By Jenny Hall, Associate Professor in Tourism and Events, York St John University

    It was May 4 1975. The Japanese Women’s Everest Expedition team had been living at a high altitude for six weeks, and were less than a week away from their scheduled bid for the summit of Mount Everest. Exhausted, having established camp five at just below 8,000m on the south side of the mountain, Junko Tabei and the team descended to camp two at 6,300m to rest.

    Then – avalanche!

    In the early hours, tons of ice and snow engulfed the camp, burying several of the teammates. Crushed by the snow and ice, Tabei was unable to move. It took the strength of four Sherpas, the elite Nepali climbing guides assisting the expedition, to pull her out. Suffering severe bruising, Tabei argued that she did not need to be returned to base camp to recover, and would remain at camp two.

    “There was no way I was leaving the mountain,” she later recalled in her memoir.

    It had taken five years for this group – the first all-women team – to get to Everest. The pressure on them to succeed was immense, given the limited number of annual international permits to climb Mount Everest issued by the Nepalese government. If they gave up, they might have to wait several years to make another attempt.

    Meanwhile, on the Tibetan side of the mountain, Tabei’s team had competition. A 200-strong Chinese team was also working to place a woman on the summit at the same time.

    From the late 1950s, Tibetan women were recruited to participate in state-sponsored Chinese mountaineering expeditions. In 1958, Pan Duo had been selected to participate in the successful Chinese 1960 Everest expedition – but was ordered to remain below 6,400 metres because above that height was “a man’s world”. Nonetheless, Pan Duo – referred to as “Mrs Phanthog” in some older accounts – was celebrated in her country and elected deputy captain of the 1975 Chinese Everest Expedition.

    Unfortunately, the Chinese team suffered a climbing accident resulting in the death of a team member. They retreated to recover – only to be ordered by the Chinese government to “climb ahead of the Japanese women”.

    They were too late. On May 16 1975, the all-women Japanese expedition worked together to place Tabei on the summit of Everest. Two team members – Tabei and Yuriko Watanabe – had been nominated to make the summit attempt. However, other teammates were suffering from altitude sickness, so Watanabe was assigned to help return them to camp two.

    The ascent Tabei was making was arduous. Given her injuries, it took great tenacity to muster the strength to continue. But finally, she took her last steps to the summit, becoming the first woman and 40th person, according to the latest official record, to summit the peak. She was part of only the tenth successful Everest expedition, later recalling:

    I felt pure joy as my thoughts registered: ‘Here is the summit. I don’t have to climb any more.’

    Eleven days later, the Chinese team returned to the high slopes to make another attempt. Using minimal oxygen, Pan Duo was also successful, becoming the second woman to summit Everest – and the first to climb the harder northern side of the mountain.

    Prior to these two successful expeditions, only 38 people had summited Everest – all of them men. News of Tabei’s feat travelled fast across Asia, leading to national celebrations in Japan, Nepal and India. But it made little impact in the west.

    In my own career as both a mountaineer and researcher of adventure tourism, I had been struck by how few women I encountered on the mountainside. I wanted to understand why this might be, and what women had achieved. It was through this research that I discovered Tabei’s story.

    I was astonished both by her achievements – she is also the first woman to complete the “Seven Summits”, climbing the highest peaks on every continent – and by how few prominent mountaineering organisations and mountaineers appeared to know about her.

    Tabei’s bravery helped her lead record-setting all-women expeditions and overcome the mountain of sexism in this male-dominated space. Yet very few organisations, even in Japan, have thought to celebrate the 50th anniversary of the first ascent of Everest by a woman.

    Breaking the mould

    Historically, men have dominated the public record in mountaineering. In the last few years, the 70th anniversary of the first summit of Everest in 1953 by Sir Edmund Hillary and Tenzing Norgay has been marked, along with the centenary of the unsuccessful and fatal attempt by George Mallory and Andrew Irvine in 1924.

    During that period, women were excluded from many mountaineering clubs. When they did join, they often faced prejudice, were discouraged and sometimes not permitted to publish records of their adventures. In 1975, women were finally admitted to the Alpine Club, the first and one of the most prestigious climbing institutions.

    At a time when Japanese women were expected to remain at home, many members of the Japanese Women’s Everest Expedition, including Tabei, were working, with two of them also raising children. Tabei’s daughter, Noriko, was three at the time of her Everest summit. Tabei later revealed that the expedition encountered significant resistance:

    Most of the men in the alpine community opposed our plan, claiming it would be impossible for a women-only expedition to reach Everest.

    As a married woman and the assistant expedition leader, Tabei felt torn between motherhood and mountaineering, explaining: “Although I would never forfeit Everest, I felt pulled in the two directions of mountains and motherhood.”

    Facing unsympathetic attitudes from team members when childcare conflicts arose, Tabei realised she needed to put in extra effort to prove herself as a leader.


    The Insights section is committed to high-quality longform journalism. Our editors work with academics from many different backgrounds who are tackling a wide range of societal and scientific challenges.


    Years before the Everest expedition, Tabei and other Japanese women were already logging major climbing achievements across the globe. These included the first ascent of the north face of the Matterhorn by an all-women’s team in 1967, and the first all-women’s Japanese expedition to the Himalayas in 1970 to climb Annapurna III. Tabei was both the first woman and Japanese person to ascend the peak.

    This set the scene for the Japanese Women’s Everest Expedition. To locate and train suitable candidates for the expedition, Tabei helped establish the Joshi-Tohan Japanese Ladies Climbing Club, founded on the slogan: “Let’s go on an overseas expedition by ourselves.”

    Tabei’s contribution to women’s high-altitude mountaineering was astounding. To reach Everest, she defied mid-20th-century social norms that tied Japanese women to domestic roles, later musing: “I tried to picture myself as a traditional Japanese wife who followed her husband. The idea never sat well with me.”

    Throughout her career, Tabei contributed significantly to the emerging culture of women’s climbing and mountaineering expeditions. She felt strongly that climbing with other women was more rewarding because there was greater physical equality.

    In 1992, she became the first woman to ascend the highest peaks on all seven continents. Using her celebrity, Tabei was also an activist for environmental change in high-altitude regions, having grown appalled by the degradation of fragile mountain glaciers that was being caused by the mountaineering industry.

    Film by 4GTV Nepal.

    With her friend and Everest teammate Setsuko Kitamura, Tabei established the first Mount Everest conference in 1995, inviting all 32 women who had by then successfully climbed Everest (not all attended). Under her leadership, this transnational exchange created a space to celebrate women’s mountaineering achievements.

    Soon after her Everest achievement, Tabei had been a symbol of social progress and women’s emancipation at the UN International Women’s Year world conference. Yet her status as one of the greatest high-altitude mountaineers has since faded from the public eye. This has much to do with the stories we tell about man – and it’s almost always a man – vs. nature.

    Telling her own story

    Hillary’s much-lauded autobiography, High Adventure (1955), was published two years after his first successful ascent of Everest. In contrast, it was 42 years after her ascent before Tabei’s memoir, Honouring High Places, was published and translated.

    The way Japanese women’s experiences were represented in the media did not, in Tabei’s view, represent the reality of women’s experiences. She was particularly perplexed by the inability of the press to see beyond her gender. She was repeatedly asked how it felt “as a woman” to climb at high altitudes.

    Portrayals of Tabei focused on her stature as a small Japanese woman. This only reinforced the perception that women like her did not fit the norm of the heroic white, male mountaineer. She reflected:

    When people meet me for the first time, they are surprised by my size. They expect me to be bigger than I am, more strapping, robust, like a wrestler … I was always puzzled by this, by people’s obsession with the physical appearance of a mountaineer.

    Tabei’s memoir.
    (Rocky Mountain Books)

    To counter this narrative, Tabei brought a new approach to writing about Japanese women mountaineers’ achievements – challenging the tendency of traditional Japanese expedition publications to gloss over the harsh realities of expedition life.

    Critical of the flowery and vain writing style of these reports, Tabei’s frank accounts reported on the “unkinder side of human behaviour”. Making tough choices was particularly difficult for women, she wrote, because of their social conditioning to be a “good person”:

    It was unusual enough to be a female climber in that era of yesteryear, let alone to make a stand in front of your friends that would possibly upset them.

    Transcending these social norms had a personal impact. Tabei lamented that, although “I remained strong-willed about Everest, tears of doubt fell down my cheeks at night”.

    Her honesty was criticised by some in the established mountaineering community in Japan, particularly in her published account, Annapurna: Women’s Battle, which expressed the raw emotions and feelings experienced on their 1970 expedition. Tabei shared “the feelings of the team members when things failed to go in the direction they had envisioned … We put our honest experiences on paper”.

    Reflecting on how she had to overcome social norms to lead the expedition – “In my day, we were strictly advised that being different was abnormal” – Tabei concluded that: “A person must be able to voice her opinion without worrying about criticism.”

    A problem of representation

    Ever since the late 1850s, women have made a significant yet often-hidden contribution to mountaineering. It retains a powerful legacy of male-dominated clubs and governing institutions founded on masculine norms such as risk-taking. This has often cast mountaineering achievements in a way that privileges men.

    Clubs established traditions based on the first ascents of mountains – very few of which were made by women. Their absence from leading mountaineering clubs and lack of representation in published club journals meant their achievements were often attributed to male companions.

    In 1872, the American climber Meta Brevoort felt it best, due to social prejudice, to publish her extraordinary first ascents in the European Alps under the name of her nephew, William A.B. Coolidge. Mountaineer and author David Mazel notes that Brevoort’s account was “carefully written to conceal the author’s sex”.

    Mountain exploration and climbing have traditionally been framed as heroic endeavours dominated by men. Figures such as Hillary, Mallory and Reinhold Messner are celebrated for their bravery, strength and leadership — traits associated with masculinity.

    Early mountaineering narratives often emphasised physical endurance, dominance over nature, and the ability to withstand extreme conditions – reinforcing ideas of masculine heroism. Mountains as towering, imposing and seemingly unconquerable landscapes have been metaphorically linked to power and challenge.

    Traditions that have been passed down through generations – from ascent styles to route names – have also been synonymous with masculinity. In the words of mountaineering historian Walt Unsworth, climbing Everest “is the story of Man’s attempts to climb a very special mountain”.

    This has had real-world consequences for mountaineering. Today, only 6% of British mountain guides are women, while globally, less than 2% of those registered to the International Federation of Mountain Guide Association (IFMGA) are women. If you don’t see your face reflected, it becomes a daunting prospect to imagine yourself in mountaineering – whether as a mountain guide, or an amateur mountaineer like me.

    By 2024, women represented 13% of all Everest summiteers since 1953, yet their stories are seldom told. White, male, able-bodied and middle-class voices dominate representations in published records and popular portrayals of adventure on the world’s highest mountain.

    As anthropologist Sherry B. Ortner attests, this is not surprising given mountaineering’s history as a western imperialist and colonising project that aimed to conquer nations and nature, built upon all-male institutions. Yet men and women have the same statistical odds of making a successful summit or dying on Everest.

    Julie Rak, in her book False Summit, shows how some accounts can treat women’s achievements with ambivalence, and at worst question their authenticity. It has even been suggested that Tabei was effectively dragged up the mountain by her friend, the male Sherpa Ang Tsering.

    Having suffered significant trauma following the avalanche that nearly wiped out their 1975 expedition, Tabei showed enormous courage and resilience to summit Everest just a few days later. She describes the ascent as difficult – and yes, accepted help from Ang Tsering – but this was her achievement, not a “stunt” to be denied by those who were not even present.

    Diversity on the mountain

    Since Tabei’s Everest summit, mountaineering has undergone changes as a sport, shifting from an elite, exploratory pursuit to a commercialised industry where wealthy clients can hire companies to reach summits with professional support.

    From the late 1980s, high-altitude mountaineering became a valuable tourism commodity. Seizing the opportunity to boost tourism, the Nepalese government began to issue more permits, fuelling the growth of commercial companies offering clients the opportunity to be guided up 8,000-metre summits. In 2023, Nepal welcomed over 150,000 high-altitude trekking and mountaineering visitors, with 47 teams attempting to climb Everest.

    Yet despite the popularity and commercialisation of the sport, mountaineering remains stubbornly resistant to diversity.

    Scholar Jennifer Hargreaves argues that women have been excluded from being represented as the “sporting hero”. What constitutes our cultural identity, meaning and values almost exclusively solidifies heroic masculinity in most forms of sport, including mountaineering.

    And much of this is due to the stories that are – not – told.

    Delphine Moraldo’s research found that of the mountaineering autobiographies published in Britain and Europe from the late 1830s to 2013, only 6% were written by women.

    Historically, literary representations of women mountaineers have often been met with ambivalence, their achievements portrayed as lesser. Women are stereotyped as weaker, bound to domesticity and lacking the hardiness required to be a “good mountaineer”.

    These perceptions, coupled with a lack of representation, have reduced women’s opportunities to secure funding for expeditions, or to access female-specific clothing and equipment. Tabei and her team had to make their own expedition clothing because women’s sizes did not exist, a problem that remains today. When raising sponsorship for Everest, she was told: “Raise your children and keep your family tight, rather than do something like this.”

    But while there is still a mountain to climb when it comes to attaining equality in adventure sports, there is a growing body of research and media celebrating women’s achievements – from campaigns such as Sport England’s This Girl Can to films charting the lives of some women mountaineers.

    A hidden sisterhood

    Junko Tabei and Pan Duo’s names may never be as well known as Edmund Hillary’s. But they are just two of many women whose achievements reach far beyond the peaks. I’ve written about many of them in my research.

    Polish mountaineer Wanda Rutkiewicz was the third woman and first from Europe to summit Everest. When asked in 1979 by high-altitude record holder Maurice Herzog why she had climbed Everest, Rutkiewicz responded that she did it for “women’s liberation”. By the late 1980s, such activism was harnessed by large sponsors such as Tata Steel, who recruited Indian mountaineer Bachendri Pal, the fifth woman to summit Everest, to lead a women’s adventure programme.

    Corporate sponsorship has, however, eluded many leading women mountaineers. Despite all her outstanding achievements – including holding a world-record ten Everest summits by a woman – Lhakpa Sherpa struggled for years to achieve recognition and the status of her male contemporaries. In 2019, writer Megan Mayhew Bergman asked why she didn’t have sponsors.

    More recently, however, Lhakpa Sherpa’s mountaineering career was documented in the 2023 Netflix documentary Mountain Queen, which raised her profile and has led to new sponsorship opportunities.

    Film by Netflix.

    There is also work being done to change the exclusion of women from mountaineering. In Nepal and around the world, charitable organisations have been initiated by women mountaineers to help their fellow women climbers, including Empowering Women Nepal and 3Sisters Adventure Trekking.

    My research has shown how women and mountaineers from other marginalised backgrounds can use their successes to become role models for and drivers of social change.

    Tabei, for example, was appalled at the degradation mountaineering had caused to Mount Everest, and spoke out about the need for responsible mountaineering and conservation. She led cleanup expeditions and researched the environmental impact of tourism and climate change on both mountain ecosystems and local communities.

    Tabei’s efforts helped bring global attention to the need for conservation in high-altitude environments, inspiring climbers to take a more responsible approach to their expeditions.

    In research about Asian women’s contribution to climbing Everest, I examined how the struggle for women’s emancipation, empowerment and recognition is a phenomenon that is shared globally. A new generation of Asian women mountaineers such as Dawa Yangzum Sherpa, the first woman to achieve IFMGA status, and Shailee Basnet are defying gender norms and achieving status as internationally recognised mountaineers and mountaineering guides.

    Basnet became one of ten women to scale Everest in 2008 as part of Sagarmatha Expedition, which was established to draw attention to climate change and gender equality, and to reclaim the Nepali name for the mountain: Sagarmatha. The expedition brought together ten women from six different religious, caste and ethnic backgrounds. All ten reached the summit, making it the most successful women’s expedition to date.

    Following this, in 2014 Basnet led the formation of the first all-women Seven Summits project to climb the highest peak on every continent. Importantly, she harnessed the team’s newfound profile to undertake a large-scale social justice programme, visiting hundreds of schools, leading hikes and giving talks across the Kathmandu Valley. Their mission was to improve educational awareness concerning opportunities for women and girls, and also to protect the environment.

    Tabei on expedition in the Pamir mountains of central Asia, 1985.
    Jaan Künnap via Wikimedia., CC BY-NC-SA

    ‘A life we would never regret’

    Since the mid-1950s, a hidden sisterhood has forged a route for women to access high-altitude mountaineering. Their impact has reached far beyond the expeditions they led.

    Women have used their status as mountaineers to empower and support other women to achieve social, political and environmental justice, and raise awareness about poverty, sex trafficking, religious and ethnic marginalisation, environmental degradation and the impact of mass tourism.

    Junko Tabei was a pioneer whose tenacity helped a whole generation of women in mountaineering. By not recognising their achievements, we deny an important part of our cultural heritage – and miss the opportunity to learn and share the inspirational work that women continue to undertake.

    Tabei’s memoir is not simply a remarkable mountaineering account, it is, in the words of Julie Rak, a feminist text that challenges what society has always thought it means to be heroic, brave and adventurous.

    Tabei died in 2016 at the age of 77. On the 50th anniversary of one of her many achievements, it’s fitting to end with these words from her memoir:

    My approach was one of not worrying about the loss of a job or missing out on a promotion. I felt it was important to live a life we would never regret.


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

    ref. Fifty years ago, Junko Tabei became the first woman to summit Everest – why do so few people know her story? – https://theconversation.com/fifty-years-ago-junko-tabei-became-the-first-woman-to-summit-everest-why-do-so-few-people-know-her-story-248800

    MIL OSI – Global Reports

  • Multi-layered counter-drone, air defence grid shield foiled Pak air attacks: DGMO

    Source: Government of India

    Source: Government of India (4)

    The budgetary and policy support provided by the government to the forces over the past decade helped build an impregnable air defence shield that helped repulse attacks by Pakistani forces, which was exhibited during India’s anti-terror ‘Operation Sindoor’, said the Director General of Military Operations (DGMO) in a press briefing on Monday.

    All airbases and military bases are operational and ready for their next missions, said Air Marshal A.K. Bharti, dismissing misinformation attempts.

    “Our fight is with the terrorists and not with Pakistani military or civilians,” he said.

    Director General of Military Operations Rajiv Ghai said the multi-layered counter-drone and air defence grid proved to be the decisive shield that foiled all Pakistan air attacks on the night of May 9 and 10.

    The officials said during Operation Sindoor, the defence systems destroyed Chinese and Turkish-made drones and PL-15 missiles, preventing them from entering our airspace.

    Sharing videos of a crater created by Indian bombs and missiles at Pakistan’s Noor Khan airbase, Ghai said Indian airfields remain fully operational.

    “I want to praise the Border Security Force also, who complemented our efforts by joining our counter-armed response,” he said.

    “There has been absolute synergy in the three services, and not only have we been supported by government agencies, but also the 140 crore people,” he said.

    “Our fight was against terror, and on May 7, we hit only terror hubs, but the Pakistani Army converted it into its own fight by supporting terrorists,” said Air Marshal Bharti.

    He described the multi-layered and integrated air defence (AD) as an impregnable shield which foiled all attempts made by Pakistani forces, including Unmanned Combat Aerial Vehicles, to violate Indian airspace.

    The performances of the older battle-proven systems were stellar, in addition to the Akash system, he said.

    Vice Admiral A.N. Pramod highlighted the Indian Navy’s pressure that deterred the Pakistani Navy and Air Force to keep away from Arabian Sea.

    (IANS)

  • MIL-OSI Asia-Pac: Remarks by SJ and S for S after joint meeting of Panel on Security and Panel on Administration of Justice and Legal Services

    Source: Hong Kong Government special administrative region

    Following are the remarks by the Secretary for Justice, Mr Paul Lam, SC, and the Secretary for Security, Mr Tang Ping-keung, at a media session after attending a joint meeting of the Panel on Security and the Panel on Administration of Justice and Legal Services this afternoon (May 12):
     
    Reporter: The first question is regarding the timing of the Security Law. It was passed five years ago, and the (Article) 55 had never been used. Why does the Government choose this time to push this subsidiary bill? Is it related to ongoing trade wars or ongoing or future court cases regarding the Security Law? The second question was asked before. It’s about the time frame of the bill. It was mentioned that it will be done as soon as possible, but is there an exact time frame for the whole bill? And are there any future arrangements to plug the current loophole in the Security Law?
     
    Secretary for Justice: Your first question concerned why we pick this point of time to make subsidiary legislation pursuant to the Safeguarding National Security Ordinance. I think the answer is twofold. Firstly, as a matter of principle, it’s very important for us to bear in mind that the Hong Kong SAR (Special Administrative Region) is under a constitutional duty to refine and perfect our national security legal system as well as its enforcement mechanism. And it has to be emphasised that this is a continuing duty. And in the light of the nature of this duty, it goes without saying that this important duty ought to be discharged as soon as possible.
     
    The second point is that as a matter of practice, there’s no doubt whatsoever that in the light of the very complicated geopolitical situation in the world, and having regard to actual hostile actions taken by some foreign countries against China and also Hong Kong, there’s plainly a need to ensure that our national security legal system will be perfected and will be put in place so that we can be in a position to address all present and potential national security risks in an effective and proper manner.
     
    As to exactly when the subsidiary legislation will come into existence, as we said, we will do so, in particular after hearing opinions and advice raised by members of the Legislative Council. We will try to complete our task as soon as possible. We will definitely let the public know once in a position to do so. And lastly, as to your last point, since we are under a continuing duty to refine and perfect our national security legal system, it must mean that we have to review the legal regime continuously. So in future, whenever we see the need to do so, we will definitely consider the possibility of making subsidiary legislation or to improve our system by whatever means within the boundary of the law.
     
    (Please also refer to the Chinese portion of the remarks.) 

    MIL OSI Asia Pacific News

  • MIL-OSI: Bread Financial’s 2024 Sustainability Report showcases focus, investment in sustainable business practices

    Source: GlobeNewswire (MIL-OSI)

    COLUMBUS, Ohio, May 12, 2025 (GLOBE NEWSWIRE) — Bread Financial® (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, today released its 2024 Sustainability Report, highlighting its continued progress and organization-wide commitment to environmental stewardship, social progress and strong governance.

    “Our 2024 report is more than an annual milestone, it is a reflection of Bread Financial’s deep and ongoing commitment to advancing our reputation, mitigating risk, improving efficiency and driving sustainable, profitable growth,” said Ralph Andretta, president and chief executive officer, Bread Financial. “With a focus on transparency and accountability, we are proud to share our progress and highlight the ways we are delivering value for our stakeholders.”

    The 12th annual report details the company’s performance related to its five key sustainability tenets, such as:

    • Managing the business responsibly — In 2024, Bread Financial made significant progress on operational excellence efforts aimed at improving processes and driving efficiency and value-creation across the enterprise. The company also began to mature its Enterprise Risk Management Framework and established an AI Council.
    • Empowering customers — For the 19th consecutive year, Bread Financial was certified as a Center of Excellence by BenchmarkPortal for its customer service. It continued to drive a customer-oriented culture to create best-in-class experiences and award-winning products, including the expansion of its mobile app.
    • Engaging associates — Bread Financial demonstrated its commitment to delivering a competitive, personalized and fulfilling associate experience through improved career development tools, expanded options for virtual health care and an annual “free money” deposit into each associate’s 401(k), regardless of their individual contribution. For its culture, the company was recognized with a Great Place to Work Certification in both the U.S. and India.
    • Protecting the planet — In an effort to reduce its carbon footprint, the company established greenhouse gas (GHG) emissions reduction targets that it plans to meet by 2030. Additionally, it developed a new sustainable IT framework, issued nearly 1.5 million cards made from sustainable plastic and prioritized digitalization to enhance efficiency and reduce paper.
    • Creating possibilities for our communities — Bread Financial increased associate donations and participation in its annual Giving Campaign, with donations totaling $3 million after the company’s match. Associates also recorded more than 10,000 volunteer hours, and the company improved its measurement process to more accurately capture the impact of its charitable donations, which exceeded $9 million in 2024.

    “At the core of this year’s Sustainability Report is our notable and measurable progress, reflecting decades of continuous improvement and reporting on critical components of our business,” said Dana Beckman, vice president and chief sustainability officer, Bread Financial. “The successes highlighted are the result of enterprise-wide collaboration and an intentional approach to embed sustainability throughout all aspects of our operations.”

    For more information on Bread Financial’s 2024 Sustainability report, visit here.

    About Bread Financial®
    Bread Financial® (NYSE: BFH) is a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions to millions of U.S. consumers. Our payment solutions, including Bread Financial general purpose credit cards and savings products, empower our customers and their passions for a better life. Additionally, we deliver growth for some of the most recognized brands in travel & entertainment, health & beauty, jewelry and specialty apparel through our private label and co-brand credit cards and pay-over-time products providing choice and value to our shared customers.

    To learn more about Bread Financial, our global associates and our sustainability commitments, visit breadfinancial.com or follow us on Instagram and LinkedIn.

    Contacts
    Rachel Stultz – Media
    Rachel.Stultz@BreadFinancial.com

    The MIL Network

  • MIL-OSI Asia-Pac: RoboPaint Master Competition held

    Source: Hong Kong Information Services

    The Housing Bureau organised the “Construction Robots for Housing – RoboPaint Master Competition x Arena of Construction Robots” today to promote the adoption of industry technologies and advance public housing developments into a new era of smart construction.

     

    Speaking at the opening ceremony, Secretary for Housing Winnie Ho said that the application of construction robots not only boosts productivity and quality but also creates a safer and healthier working environment for frontline workers.

     

    “This advancement elevates the technological standards and professional image of the industry, making it more appealing to young professionals.”

     

    Ms Ho cited a recent case of a public housing project which demonstrates that collaborative painting robot systems can enhance the efficiency of indoor painting works by over 50% and improve works quality.

     

    In a public housing project with a standard floor comprising 24 units, traditional methods require eight skilled workers for wall finishing, while only two operators are needed when using a robotics system, she added.

     

    A jury panel comprising Ms Ho and representatives from the Institution of Engineers, the Institute of Architects, the Construction Industry Council and industry experts evaluated the entries in the RoboPaint Master Competition.

     

    The results of the competition revealed that Bright Dream (HK) Construction Technology and Weibuild Technology HK won the Grand Award. While Fangshi Technology Company and Fulltime Robotics Company earned First Runner-up, HONGKONG DAFANG AI CO. secured Second Runner-up.

     

    The judging criteria encompassed technical performance, efficiency and productivity, quality of painting and safety.

     

    In addition to displaying an autonomous small unmanned aircraft for scanning, the event also showcased six types of robots with potential applications in public housing construction. They included a rebar-tying robot, a floor-tiling robot, a steel frame-cutting robot, a six-metre tall three-in-one wall-painting robot, and a concrete internal wall-grinding robot.

     

    The bureau explained that it plans to host a series of events as part of its Housing•I&T initiative. While today’s event is the first highlight of the initiative, the other events will include a housing construction robot design competition for secondary school students in September and an international summit in November, aimed at fostering the development of a construction technology market.

    MIL OSI Asia Pacific News

  • MIL-OSI Europe: ASIA/PAKISTAN – Ceasefire between India and Pakistan: “Fruit of the children’s prayers”

    Source: Agenzia Fides – MIL OSI

    Nostra Signora Regina degli Angeli, Bhai Pheru,

    Lahore (Agenzia Fides) – “We know that the Lord hears the prayers of the children who are in his heart. And the ceasefire between India and Pakistan has a very special meaning for us because we consider it a truce,” says to Fides Fr. Qaisar Feroz, Capuchin friar and parish priest at the parish of Our Lady Queen of Angels, Bhai Pheru, on the outskirts of Lahore, in Pakistani Punjab. “On Saturday, May 10, a group of children and families gathered in front of the grotto and shrine of Our Lady Queen of Peace in our parish of Bhai Pheru,” he reports. “I, Brother Father Robinson OFM Cap, and the Franciscan Missionary Sisters of Mary celebrated a Rosary of Peace with the parish community. Children and young people were present, while the girls from the ‘Ibne Mariam’ boarding school recited songs of peace and devotional prayers. At the end of the prayer, we released some doves as a symbol of peace and the children’s fervent desire, holding signs reading ‘Yes to Peace, No to War.’ At the end of the rosary, we received the wonderful news of the announcement of a ceasefire between India and Pakistan. Now we hope that it will hold and that we can create a just and lasting peace between the peoples.”The people in the parish were very concerned, among other things, because, as Father Feroz explains, in the days before the military clashes in the disputed region of Kashmir, a bullet struck the industrial area on the territory of the parish of Our Lady, Queen of Angels in Bhai Pheru. “It was a bit like we felt the war coming home. There was great concern, and that is why we intensified our prayers for peace,” Father Feroz reported. Meanwhile, the entire Church in Pakistan welcomes the ceasefire. In an official statement, the President of the Pakistani Bishops’ Conference and Bishop of Hyderabad, Samson Shukardin (OFM), emphasized: “This significant step toward peace is a source of great relief and hope for millions of people throughout the region following the recent tensions and military clashes. The Pakistani bishops express their appreciation to Pakistani Prime Minister Shehbaz Sharif and Indian Prime Minister Narendra Modi for choosing the path of dialogue and moderation, and are deeply grateful to international mediators, especially the United States and other global partners, for their role in facilitating this peaceful breakthrough.” “The peoples of South Asia have long yearned for peace, stability, and cooperation,” said the Pakistani bishops. “We pray that this ceasefire marks not only the end of hostilities, but also the beginning of a new chapter of mutual understanding, reconciliation, and regional harmony,” assuring them that they pray “for lasting peace and for the common good of all.” Chairman of the National Commission for Justice and Peace (NCJP) and Archbishop of Islamabad-Rawalpindi, Joseph Arshad, added: “This ceasefire is also a reminder that diplomacy has the power to overcome conflict. It is vital that both nations continue dialogue to address long-standing issues and find lasting solutions that prioritize the well-being and security of their peoples. A peaceful future for the South Asian region begins with cooperation, dialogue, mutual respect, and a commitment to peace.” The Catholic Church on both sides of the border hopes that India and Pakistan can “build stronger, more reliable, and peaceful relations to ensure a better future for all” and that “the spirit of justice, peace, solidarity, and fraternity prevails in this region to build bridges of hope, love, and peace between nations.” (PA) (Agenzia Fides, 12/5/2025)
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  • BSE CEO highlights India’s tech-driven market transformation at Dubai FinTech Summit

    Source: Government of India

    Source: Government of India (4)

    India’s capital markets are undergoing a dramatic technological transformation, said Sundararaman Ramamurthy, Managing Director and Chief Executive Officer of BSE Ltd., speaking at the opening of the third Dubai FinTech Summit, which began today at Madinat Jumeirah, Dubai. Held under the patronage of Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum and organised by the Dubai International Financial Centre (DIFC), the summit brings together over 8,000 attendees, 300 speakers from 100 countries, and more than 1,000 investors.

    Ramamurthy detailed how the Bombay Stock Exchange has seen exponential growth in order-processing capacity, rising from 1 billion orders per day two years ago to 18 billion today. “At peak, we handle 2 million orders per second—this cannot happen without a robust technological backbone,” he said. The per-broker trading rate has also surged from 500 to 25,000 trades per second. BSE now operates a real-time, client-level, portfolio-based risk management system and a T+1 settlement cycle, introduced under his leadership in 2023.

    He outlined three key areas where BSE applies technology: infrastructure development, regulatory oversight, and investor education. Artificial intelligence and large language models are already in use to process large volumes of regulatory filings, and targeted social media content is being deployed to raise investor awareness—videos that have collectively garnered over 100 million views. With 60–65% of India’s population in the working-age group and 30% under the age of 30, Ramamurthy emphasized the need to “catch them young” and encourage product suitability through mutual fund platforms before stepping into equities.

    As India’s markets continue to integrate globally, Ramamurthy said distinct domestic practices, such as client-level settlements and transparent data sharing, must be preserved. However, areas such as product diversification and ease of execution stand to benefit from closer alignment with international standards. He acknowledged the need for a unified contract system to enable foreign institutional investors to secure the best price across multiple exchanges without specifying a trading venue. “We are working on this and expect implementation by the end of June,” he noted.

    India’s capital markets already demonstrate high levels of transparency and participation. With over 11,000 registered foreign portfolio investors (FPIs) holding 18–19% of issued equity and a total market capitalisation of over $5 trillion, India is now the world’s seventh-largest market by value. In BSE’s own case, FPIs hold 14% of shares, and overall institutional holdings exceed 40%.

    The Dubai FinTech Summit, held under the theme ‘FinTech for All’, showcases global trends in blockchain, AI, digital banking, regulatory compliance, and investment strategies. The Future Sustainability Forum is being incorporated into the event for the first time, and the FinTech World Cup is providing a platform for start-ups to pitch to investors and strategic partners.The two day summit will conclude on May 13th.

  • MIL-OSI Security: South Bend Man Sentenced to 135 Months in Prison

    Source: Federal Bureau of Investigation FBI Crime News (b)

    SOUTH BEND – Demetrius Clark, 41 years old, of South Bend, Indiana, was sentenced by United States District Court Judge Cristal C. Brisco after pleading guilty to possessing with intent to distribute methamphetamine, announced Acting United States Attorney Tina L. Nommay.

    Clark was sentenced to 135 months in prison followed by 5 years of supervised release.

    According to documents in the case, in February 2024, Clark delivered 5 pounds of methamphetamine to another distributor. A search warrant was executed at Clark’s home in South Bend resulting in the recovery of an additional 5 pounds of high-purity methamphetamine along with packaging materials, a firearm, and over $8,000 cash.

    This case was investigated by the Federal Bureau of Investigation and the Drug Enforcement Administration including the DEA North Central Laboratory with assistance from the South Bend Police Department, the Fort Wayne Police Department, the Elkhart County Interdiction and Covert Enforcement Unit, and the St. Joseph County Prosecutor’s Office.  The case was prosecuted by Assistant United States Attorney Katelan McKenzie Doyle.

    MIL Security OSI

  • MIL-Evening Report: Otago academics plan declaration on Palestine to ‘face daily horrors’

    Asia Pacific Report

    A group of New Zealand academics at Otago University have drawn up a “Declaration on Palestine” against genocide, apartheid and scholasticide of Palestinians by Israel that has illegally occupied their indigenous lands for more than seven decades.

    The document, which had already drawn more than 300 signatures from staff, students and alumni by the weekend, will be formally adopted at a congress of the Otago Staff for Justice in Palestine (OSJP) group on Thursday.

    “At a time when our universities, our public institutions and our political leaders are silent in the face of the daily horrors we are shown from illegally-occupied Palestine, this declaration is an act of solidarity with our Palestinian whānau,” declared Professor Richard Jackson from Te Ao O Rongomaraeroa — The National Centre for Peace and Conflict Studies.

    “It expresses the brutal truth of what is currently taking place in Palestine, as well as our commitment to international law and human rights, and our social responsibilities as academics.

    “We hope the declaration will be an inspiration to others and a call to action at a moment when the genocide and ethnic cleansing of Palestinians is accelerating at an alarming rate.”

    Scholars and students at the university had expressed concern that they did not want to be teaching or learning about the Palestinian genocide in future courses on the history of the Palestinian people, Professor Jackson said.

    Nor did they want to feel ashamed when they were asked what they did while the genocide was taking place.

    ‘Collective moral courage’
    “Signing up to the declaration represents an act of individual and collective moral courage, and a public commitment to working to end the genocide.”

    In an interview with the Otago Daily Times published at the weekend, Professor Jackson said boycotting academic ties with Israel was among the measures included in a declaration.

    The declaration commits its signatories to an academic boycott as part of the wider Boycott, Disinvestment and Sanction (BDS) campaign “until such time as Palestinians enjoy freedom from genocide, apartheid and scholasticide”, they had national self-determination and full and complete enjoyment of human rights, as codified in the Universal Declaration of Human Rights.

    The declaration says that given the International Court of Justice (ICJ) has ruled there is a “plausible” case that Israel has been committing genocide, and that all states that are signatory to the Genocide Convention must take all necessary measures to prevent acts of genocide, the signatories commit themselves to an academic boycott.

    BDS is a campaign, begun in 2005, to promote economic, social and cultural boycotts of the Israeli government, Israeli companies and companies that support Israel, in an effort to end the occupation of Palestinian territories and win equal rights for Palestinian citizens within Israel.

    It draws inspiration from South African anti-apartheid campaigns and the United States civil rights movement.

    The full text of the declaration:

    The Otago Declaration on the Situation in Palestine

    We, the staff, students and graduates, being members of the University of Otago, make the following declaration.

    We fully and completely recognise that:
    – The Palestinian people have a right under international law to national self-determination;
    – The Palestinians have the right to security and the full enjoyment of all human and social rights as laid out in the Universal Declaration of Human Rights;

    And furthermore that:
    – Israel is committing a genocide against the Palestinian nation, according to experts, official bodies, international lawyers and human rights organisations;
    – Israel operates a system of apartheid in the territories it controls, and denies the full expression and enjoyment of human rights to Palestinians, according to international courts, human rights organisations, legal and academic experts;
    – Israel is committing scholasticide, thereby denying Palestinians their right to education;

    We recognise that:
    – Given the International Court of Justice has ruled that there is a plausible case that Israel has been committing genocide against the Palestinian people in Gaza, that all states that are signatory to the Genocide Convention, which includes Aotearoa New Zealand, have a responsibility to take all necessary measures to prevent acts of genocide;

    We also acknowledge that as members of a public institution with educational responsibilities:
    – We hold a legal and ethical responsibility to act as critic and conscience of society, both individually as members of the University and collectively as a social institution;
    – We have a responsibility to follow international law and norms and to act in an ethical manner in our personal and professional endeavours;
    – We hold an ethical responsibility to act in solidarity with oppressed and disadvantaged people, including those who struggle against settler colonial regimes or discriminatory apartheid systems and the harmful long-term effects of colonisation;
    – We owe a responsibility to fellow educators who are victimised by apartheid and scholasticide;

    Therefore, we, the under-signed, do solemnly commit ourselves to:
    – Uphold the practices, standards and ethics of the Boycott, Divestment and Sanctions (BDS) campaign in terms of investment and procurement as called for by Palestinian civil society and international legal bodies; until such time as Palestinians enjoy freedom from genocide, apartheid and scholasticide, national self-determination and full and complete enjoyment of human rights, as codified in the Universal Declaration of Human Rights.
    – Adopt as part of the BDS campaign an Academic Boycott, as called for by Palestinian civil society and international legal bodies; until such time as Palestinians enjoy freedom from genocide, apartheid and scholasticide, national self-determination and full and complete enjoyment of human rights, as codified in the Universal Declaration of Human Rights.

    • The Otago Declaration congress meeting will be held on Thursday, May 15, 2025, at 12 noon at the Museum Lawn, Dunedin.

    MIL OSI AnalysisEveningReport.nz

  • Maldives thanks India for offering $50 million financial support

    Source: Government of India

    Source: Government of India (4)

    Maldives, on Monday, expressed gratitude to India for offering a Government Treasury Bill of $50 million, which has supported the island nation in its fiscal reform efforts towards economic stability.

    Maldivian Foreign Minister Abdulla Khaleel thanked External Affairs Minister (EAM) S. Jaishankar and the Indian government for offering the timely financial assistance.

    “I express my sincere gratitude to EAM S Jaishankar and the Government of India for extending crucial financial support to the Maldives through the rollover of the $50 million Treasury Bill. This timely assistance reflects the close bonds of friendship between the Maldives & India and will support the government’s ongoing efforts to implement fiscal reforms for economic resilience,” Khaleel posted on X.

    On the request of the Government of Maldives, the State Bank of India (SBI) has subscribed, for one more year, a $50 million Government Treasury Bill issued by the Ministry of Finance of Maldives, said the High Commission of India, Maldives in a press release.

    “Since March 2019, Government of India has been facilitating subscription of several such Treasury Bills by the SBI and rolling them over, annually, interest-free to the Government of Maldives. This has been done under a unique Government-to-Government arrangement, as emergency financial assistance to Maldives,” it stated

    India considers the Maldives as a key maritime neighbour and an important partner in its ‘Neighbourhood First’ policy and Vision ‘MAHASAGAR’ i.e. Mutual and Holistic Advancement for Security and Growth Across Regions.

    “India has assisted Maldives in times of need and the subscription of this Treasury Bill, along with, the Government of India’s decision earlier this year to extend the special quota for export of essential commodities for Maldives, reflect India’s continued support to the Government and the people of the Maldives,” it further added.

    In February, the Ministry of External Affairs (MEA) allocated Rs 5,483 crore for aid to foreign nations, slightly higher than last year’s Rs 4,883 crore, which was announced in the Union Budget 2025-26.

    The Maldives received the maximum increase in assistance, from Rs 470 crore in the revised 2024-25 budget to Rs 600 crore in 2025-26.

    In January, EAM Jaishankar, during his meeting with Abdulla Khaleel, said that the Maldives remains a “concrete expression” of India’s ‘Neighbourhood First’ policy and New Delhi has always stood by the Indian Ocean archipelago, especially when it comes to giving financial support during challenging times.

    “We have increased our engagements in various sectors, and I want to emphasise that India has always stood by the Maldives. You are a concrete expression of our ‘Neighbourhood First’ policy,” said EAM Jaishankar.

    Khaleel, on his part, had appreciated the timely emergency financial assistance extended by India to Maldives in times of need, reflecting India’s role as the “First Responder” of Maldives.

    He reaffirmed the Maldivian government’s firm commitment to work closely with the Government of India in realising the Joint Vision for India-Maldives Comprehensive Economic and Maritime Security Partnership.

    (IANS)

  • C-DOT and Synergy Quantum partner to develop drone-based quantum key distribution technology

    Source: Government of India

    Source: Government of India (4)

    In a significant step toward advancing India’s quantum-secure communication capabilities, the Centre for Development of Telematics (C-DOT), the premier telecom R&D arm of the Department of Telecommunications (DoT), has signed a Memorandum of Understanding (MoU) with Synergy Quantum India Private Limited, a leading deep-tech firm specializing in quantum technologies.

    The collaboration aims to develop drone-based Quantum Key Distribution (QKD) systems using the decoy-based BB84 protocol with polarization encoding, targeting a Technology Readiness Level (TRL) of 6 or higher. This initiative supports India’s “Atmanirbhar Bharat” vision, fostering indigenous innovation in secure telecom technologies.

    Under the MoU, C-DOT and Synergy Quantum will jointly work on quantum communication technologies tailored for drone-based applications. The partnership will also involve co-creating research proposals for national and international grants, publishing scholarly works, and organizing symposia, conferences, and expert talks to promote advancements in the field.

    Dr. Rajkumar Upadhyay, CEO of C-DOT, emphasized the importance of this collaboration, stating, “The convergence of public R&D and private innovation is essential to shaping a secure and self-reliant digital future for India. By combining our research depth with industry agility, we aim to develop solutions that address national priorities and position India as a global leader in quantum innovation.”

    Jay Oberoi, Founder and CEO of Synergy Quantum India, echoed this sentiment, saying, “This partnership has the potential to position India as a global leader in drone-based quantum-secure communications.”

    The MoU was signed in a ceremony attended by Dr. Upadhyay, C-DOT Directors Dr. Pankaj Dalela and Ms. Shikha Srivastava, alongside Synergy Quantum’s Jai Oberoi (CEO), Ajay Singh (COO), Dr. Vipin Rathi, and AM G S Bedi, among other senior officials.

  • MIL-OSI Russia: Dmitry Chernyshenko and To Lam opened the Russian-Vietnamese business forum

    Translation. Region: Russian Federal

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

    Deputy Prime Minister of Russia Dmitry Chernyshenko and General Secretary of the Central Committee of the Communist Party of Vietnam To Lam greeted the participants of the Russian-Vietnamese business forum. Also in their presence, the start of work was given to the plant for the production and processing of dairy products of the company “TH True Milk” in the Kaluga region.

    The event took place as part of To Lam’s official visit to Russia. Earlier, on May 10, negotiations between Russian President Vladimir Putin and the Secretary General took place in the Kremlin.

    The forum featured speeches by representatives of VTB Bank, AFK Sistema, and the Cyberus Foundation for the Development of Effective Cybersecurity.

    Dmitry Chernyshenko thanked the Vietnamese delegation for participating in the festive events dedicated to the 80th anniversary of the Great Victory. He quoted President Vladimir Putin as saying that relations between Russia and Vietnam continue to develop steadily in the spirit of equality, mutual respect and consideration of each other’s interests.

    This year our countries celebrate a significant date – 75 years since the establishment of diplomatic relations. As was indicated at the recent meeting of To Lam with the Chairman of the Russian Government Mikhail Mishustin, today special attention is paid to increasing trade and economic cooperation and increasing mutual trade turnover between Russia and Vietnam.

    “We see how much Vietnam has achieved in these areas

    in recent years. By the end of 2024, the GDP growth rate exceeded 7%, and the country’s trade turnover approached the $800 billion mark. The Russian economy is also showing high growth rates: by the end of last year – more than 4.1%. Today, the demand of the state and business for increasing economic ties, including with our friendly Vietnam, is obvious. The key tasks of our bilateral cooperation are mutual investments and the implementation of specific projects. We need to create the most favorable climate for the fruitful work of Russian and Vietnamese companies in the markets of both countries,” said the Russian Deputy Prime Minister.

    The Free Trade Agreement has been in force between Russia and Vietnam for almost 10 years. It provides duty-free access to almost all groups of goods. Especially in such important positions as dairy products, meat, wheat, fertilizers and cars. It is important to come to a joint decision on how to use this agreement even more effectively.

    Dmitry Chernyshenko also noted the Comprehensive Cooperation Plan for the period up to 2030 signed in January: “It was this strategic document that allowed us to agree on joint measures and new mechanisms for cooperation on projects in the scientific sphere, energy and mechanical engineering, which will lead to an almost threefold increase in trade turnover between our countries – up to 15 billion dollars by 2030.”

    Cooperation is developing on the digital track: “Vietnam is the leader in terms of growth rates of the digital economy and e-commerce. Russia offers the best solutions in the field of digital technologies, industrial software and telecommunications. The work of the joint Center for Artificial Intelligence and Digital Technologies in Hanoi has already been launched,” the Russian Deputy Prime Minister said.

    In agriculture, Russia and Vietnam not only successfully carry out mutual deliveries of food products, but are already localizing production.

    Dmitry Chernyshenko also highlighted cooperation in the tourism sector: “According to the Ministry of Economic Development, following the results of the first quarter of 2025, Russia came out on top in terms of growth rates of tourist flow to Vietnam – 110%. We are creating comfortable conditions for your tourists in Russia. An electronic visa for Vietnamese citizens has been launched, and we are increasingly adapting the service sector to their wishes. We will increase the length of stay, for example, with an electronic visa to 30 days. We are expanding the geography of flights of Russian airlines to Vietnamese cities. We sincerely thank the Vietnamese side for the fact that on May 8, with the participation of the Secretary General, the flight program of Vietnam Airlines from Hanoi to Moscow was resumed. I am confident that this will allow us to qualitatively improve the level of our relations in the tourism industry!” he said.

    The Deputy Prime Minister invited Vietnamese partners to take part in the St. Petersburg International Economic Forum and the Eastern Economic Forum in Vladivostok in 2025.

    To Lam stressed the importance of economic cooperation between Vietnam and Russia. According to him, the parties reached an agreement to expand investment volumes to $15 billion. To Lam called on business circles of both countries to actively conclude contracts and agreements within the framework of the business forum in order to maximize the benefits in all areas: investment, trade, and scientific and technical cooperation. He also expressed Vietnam’s interest in deepening partnership relations with Russia in such sectors as agriculture, energy, industry, mechanical engineering, and information technology. He specifically mentioned the great potential for cooperation in energy and agriculture.

    In conclusion, the Secretary General thanked the Russian Government for providing conditions for Vietnamese investors and businessmen aimed at developing tourism in Russia.

    In the presence of Dmitry Chernyshenko and To Lam, a ceremony of exchanging bilateral documents between Russian and Vietnamese companies took place. Among them are the Agreement on Cooperation between the National Research University Higher School of Economics and the Vietnam Academy of Science and Technology, as well as the Memorandum of Understanding, Strategic Cooperation for 2025-2026 for the purpose of jointly promoting Vietnam as a tourist destination and Vinpearl products between Anex Tour LLC and Vinpearl.

    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

  • MIL-OSI Russia: Dmitry Chernyshenko: R/V Professor Gagarinsky will allow Russian and Vietnamese scientists to conduct joint research

    Translation. Region: Russian Federal

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

    The official ceremony of transferring the research vessel Professor Gagarinsky to the joint Russian-Vietnamese Tropical and Technological Center.

    On May 11, a ceremonial handover of the research vessel Professor Gagarinsky to the joint Russian-Vietnamese Tropical and Technological Center took place in Vladivostok. On May 12, Russian scientists and a Vietnamese crew will set off on their first joint voyage, during which marine research will be conducted along the route from Vladivostok to Haiphong.

    Deputy Prime Minister of the Russian Federation, Co-Chairman of the Russian-Vietnamese Intergovernmental Commission Dmitry Chernyshenko sent a welcoming address to the event participants. He recalled that 2025 marks 75 years since the establishment of diplomatic relations between the two countries, and quoted Russian President Vladimir Putin, who emphasized that relations between Russia and Vietnam continue to “develop progressively in the spirit of equality, mutual respect and consideration of each other’s interests.”

    “Bilateral cooperation has been established in various areas, including science and technology. A Memorandum has been signed on the implementation of the project to create a Nuclear Science and Technology Center in Vietnam. The Hanoi branch of the Pushkin Russian Language Institute will be actively developed. We will also continue to equip the joint Russian-Vietnamese Tropical Center. The transfer of this modern vessel will allow us to conduct joint research in the waters of Vietnam and study current problems of the marine environment,” the Deputy Prime Minister of Russia noted.

    The ceremony to hand over the vessel was attended by Deputy Minister of Science and Higher Education of the Russian Federation Konstantin Mogilevsky, Deputy Minister of National Defense of the Socialist Republic of Vietnam Hoang Xuan Tien, members of the Bureau of the Intergovernmental Coordination Committee of the Tropical Center, representatives of the scientific and maritime communities of Vladivostok and descendants of Corresponding Member of the USSR Academy of Sciences Yuri Vladimirovich Gagarinsky, after whom the vessel was named.

    “Many natural processes that are significant for humanity are particularly pronounced in the tropical zone. It is important for us that Russian scientists have the opportunity to work there on a permanent basis. And our joint Russian-Vietnamese Tropical Center, which received the vessel today, gives scientific teams from our countries the opportunity to work in these places. In this way, we open up new opportunities for our scientists,” said Konstantin Mogilevsky.

    The decision to transfer the research vessel to the Tropical Center was made in January 2025 – an intergovernmental agreement between the Russian Ministry of Education and Science and the Vietnamese Ministry of Defense was signed in Hanoi in the presence of Russian Prime Minister Mikhail Mishustin and Vietnamese Prime Minister Pham Minh Tinh. The Tropical Center plans to expand comprehensive marine environmental research in Vietnam’s territorial waters and develop a corresponding scientific program for the coming year.

    The R/V Professor Gagarinsky is equipped with geophysical and hydrographic laboratories, a workshop for repairing pneumatic sources, and rooms for office processing and electric compressors. Given the size of the vessel, researchers can carry out work on it both in the open sea and in the coastal zone.

    “The transfer of the vessel is a symbol of traditional friendship and comprehensive strategic partnership between Vietnam and Russia. In just 10 days, “Professor Gagarinsky” will arrive in the port of Haiphong. And scientists from the Tropical Center will have the opportunity to conduct research in remote waters of the sea of Vietnam. We undertake to use the vessel as efficiently as possible and achieve new scientific results,” said Deputy Minister of National Defense of Vietnam Hoang Xuan Tien.

    As a gesture of friendship, the Vietnamese side decided to leave the name of Yuri Vladimirovich Gagarinsky, a Soviet chemist and corresponding member of the USSR Academy of Sciences, on the ship transferred by Russia.

    Recall that the day before, Russian President Vladimir Putin held talks with General Secretary of the Central Committee of the Communist Party of Vietnam To Lam. The parties outlined ways to further advance the comprehensive strategic partnership in various areas, including scientific and technological cooperation.

    During the meeting, a ceremony of exchanging signed documents between Russia and Vietnam took place. Among them are agreements concluded during a working meeting between Valery Falkov and the Minister of Science and Technology of Vietnam Nguyen Manh Hung.

    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

  • MIL-OSI Asia-Pac: Swiss delegation begins China visit in Hong Kong to deepen digital innovation ties (with photos)

    Source: Hong Kong Government special administrative region

    Swiss delegation begins China visit in Hong Kong to deepen digital innovation ties  
         The delegation’s first stop in Hong Kong featured a thematic seminar titled “Hong Kong – Gateway to China and Asia” organised by Alliance Digital Security Switzerland ADSS, focusing on digital transformation in the age of AI, cybersecurity, and cross-border investment. The event was officiated by representatives from both Swiss and Hong Kong governments and business communities, including the Consul-General of Switzerland in Hong Kong, the Alliance Digital Security Switzerland ADSS, and the Swiss Chamber of Commerce in Hong Kong.
     
         In his opening address, the Acting Director-General of Investment Promotion at Invest Hong Kong (InvestHK), Mr Arnold Lau, highlighted Hong Kong’s strategic advantages as a launchpad for global tech companies.
     
         “Switzerland is one of Hong Kong’s most promising partners in Europe. Its strengths in life sciences, deep tech, fintech, education, and creative industries align closely with Hong Kong’s innovation priorities,” he remarked. “Hong Kong is embracing new opportunities for international business, driven by robust digital and regulatory advancements. The recent passage of a new cybersecurity law strengthens the protection of critical infrastructure, giving companies greater confidence to operate in a secure environment. Additionally, the launch of the GBA Standard Contract for cross-boundary data flow enables businesses to transfer personal data safely and efficiently within the Greater Bay Area, promoting seamless collaboration and digital service delivery across borders. These developments position Hong Kong as a trusted, future-ready hub for digital innovation, offering tremendous opportunities for Swiss and global companies.”
     
         The President of the Alliance Digital Security Switzerland ADSS and member of the Foreign Affairs Committee of the Swiss Parliament, Mr Franz Grüter, said, “We are in Hong Kong not only to showcase Switzerland’s excellence in digital innovation, cybersecurity, and education, but more importantly, to establish robust and sustainable partnerships. As a bridge between international markets and Mainland China, Hong Kong holds immense strategic value for Swiss businesses. Our collaboration will drive shared growth in the digital economy.”
     
         The Deputy Commissioner (Digital Infrastructure) at the Digital Policy Office (DPO), Mr Daniel Cheung, shared Hong Kong’s digital policies and strategies on digital infrastructure and AI ecosystem development during his keynote address. He said, “In the digital age, governance models must evolve in tandem. As a global digital hub, Hong Kong is making advances not only in technology but also in policy innovation. We are actively promoting data interoperability, process re-engineering, and the adoption of AI and other cutting-edge technologies to deliver more efficient and user-friendly digital services.”
     
         The seminar also featured a panel discussion moderated by the Head of Information and Communications Technology at InvestHK, Miss Wendy Chow. Experts from Thales, Swire Coca-Cola, and the Hong Kong-Shenzhen Innovation and Technology Park explored cybersecurity challenges in the era of artificial intelligence.
         ???
         InvestHK will continue to collaborate closely with the Consulate General of Switzerland in Hong Kong, the Swiss Chamber of Commerce in Hong Kong, and Swiss enterprises to support their business establishment and expansion in the region. It will also strengthen partnerships with the DPO, the Hong Kong-Shenzhen Innovation and Technology Park, and other departments to drive the development of the local innovation and technology ecosystem. Through cross-sector and interdepartmental co-operation and continuously strengthening international exchange and collaboration, InvestHK is committed to enhancing enterprise support, promoting technology adoption, and reinforcing the city’s status as a leading international innovation hub and smart city.
    Issued at HKT 19:00

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: SLW attends Seventh APEC HRDMM in Jeju, Korea

    Source: Hong Kong Government special administrative region

         The Secretary for Labour and Welfare, Mr Chris Sun, attended the Seventh Asia-Pacific Economic Cooperation Human Resources Development Ministerial Meeting (HRDMM) in Jeju, Korea, today (May 12), during which he delivered speeches at two plenaries.
     
         With the theme “Sustainable Labour Markets and Jobs for the Future”, the HRDMM aimed to promote a flexible, inclusive, and resilient labour market to further the collective commitment to labour market reforms that support today’s workforce. It consisted of two plenaries with the morning plenary themed “Flexible and Vibrant Labour Market”. Delivering his keynote speech, Mr Sun said that to address the challenges posed by the emergence of the platform economy, the Hong Kong Special Administrative Region (SAR) Government has long been committed to protecting platform workers, including the exploration of feasible measures for strengthening the protection for platform workers through a liaison group comprising representatives of the Government, platform companies and labour organisations. According to the Thematic Household Survey conducted by the SAR Government, platform workers are most concerned about work injury compensation. The SAR Government will introduce a proposal within this year on ways to further enhance the rights and benefits of platform workers and will initiate relevant legislative exercises when necessary. Furthermore, he also introduced to participants the various initiatives implemented by the SAR Government to unleash the potential of the labour force amid the evolving landscape of employment, including the well-received Re-employment Allowance Pilot Scheme launched last year and the enhanced Employment Programme for the Elderly and Middle-aged.
     
         In the afternoon plenary themed “Responding to Future Jobs and Active Labour Market Policies”, Mr Sun gave a presentation on the manpower policies and talent attraction measures of the SAR Government. He stressed that the main thrust of the SAR Government’s manpower policy is to nurture local talent, complemented by the attraction of outside talent, to enrich the local talent pool for meeting the needs in social and economic developments. Mr Sun introduced the multipronged strategy of training and retraining, including the establishment of two universities of applied sciences, as well as enhancing employees’ professional skills through the Vocational Training Council. Mr Sun also briefed the attendees on the array of measures rolled out by the SAR Government to attract talent proactively and aggressively. He also gave an account of how Hong Kong could leverage its unique advantages of enjoying the strong support of the motherland and being closely connected to the world, in order to better realise its role as an international hub for high-calibre talent.
     
         Upon his arrival in Jeju yesterday (May 11), Mr Sun first called on the Minister of Human Resources of Malaysia, Mr Steven Sim, who was attending the HRDMM. Mr Sun said he is delighted to meet Mr Sim again after his visit to Kuala Lumpur in mid-April. During the meeting, the two sides exchanged views on issues including unleashing local workforce, enhancing occupational safety and health, improving the rights of platform workers, and ways to enhance vocational training and employee retraining with a view to alleviating manpower shortages.
     
         Afterwards, Mr Sun held a bilateral meeting with the Acting Minister of Employment and Labor, Republic of Korea, Mr Kim Min Seok, during which they had an in-depth discussion on matters including foreign domestic helpers and the importation of labour. At the meeting, Mr Sun briefed Mr Kim on the manpower shortage encountered by the SAR Government due to an ageing population, resulting in the need for Hong Kong to continue attracting outside talent and labour as appropriate in the future to fill the manpower and skills gaps.
     
         Mr Sun will conclude his visit tomorrow morning (May 13) and depart for Hong Kong.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: CFS and Department of Food Safety Sampling and Monitoring of State Administration for Market Regulation sign MOU on food safety co-operation (with photo)

    Source: Hong Kong Government special administrative region

    The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department of the Government of the Hong Kong Special Administrative Region and the Department of Food Safety Sampling and Monitoring of the State Administration for Market Regulation (SAMR) signed a Memorandum of Understanding (MOU) on food safety co-operation today (May 12). The MOU aims to strengthen the exchanges on food sampling and surveillance, and enhance the co-operation in the field of food safety between the Mainland and Hong Kong.

    The MOU was signed by the Controller of the CFS, Dr Christine Wong, and the Deputy Director General of the Department of Food Production and Operation Safety Regulation of the SAMR, Ms Zhang Shixia. It was witnessed by the Director of Food and Environmental Hygiene, Mr Donald Ng, and the Chief Inspector of Food Safety of the SAMR, Mr Sun Huichuan.

    The MOU seeks to deepen the exchanges and co-operation between the Mainland and Hong Kong on food safety. Specifically, the MOU covers enhancing the exchanges of information related to food safety sampling and monitoring; discussing co-operation in the fields of food safety risk alert and risk communication; and establishing a mechanism to exchange views on important issues of common concern.

    ​A spokesman for the CFS said, “We expect that the signing of the MOU can enhance communication on food safety between the Mainland and Hong Kong to better ensure public food safety.”

    MIL OSI Asia Pacific News

  • MIL-OSI: Cake Becomes the First Digital-Only Bank in Southeast Asia to Receive the Highest-Level ISO Certification for Facial Biometrics

    Source: GlobeNewswire (MIL-OSI)

    HO CHI MINH CITY, Vietnam, May 12, 2025 (GLOBE NEWSWIRE) — Cake Digital Bank has become the first digital-only bank in Southeast Asia to achieve ISO/IEC 30107-3 Level 2 certification from iBeta for its facial biometric solution, Cake Face Authen. This certification represents the highest level of facial spoofing protection recognized by iBeta in this technology category.

    A Digital Bank Owning Its Core Technology

    Cake Face Authen, the bank’s facial biometric and anti-spoofing solution, was fully developed in-house by Cake’s team of Vietnamese engineers. Utilizing Passive Liveness Detection technology, the system verifies a user’s identity without requiring interaction such as blinking, head movements, or facial gestures. Instead, it quickly authenticates a live face using a combination of facial features, ensuring a seamless and secure experience during critical activities such as account opening, transaction approvals, and spending limit upgrades.

    According to iBeta’s evaluation, Cake Face Authen demonstrated advanced fraud detection capabilities by successfully identifying sophisticated 3D spoofing attacks—including those using 3D printers, resin masks, and latex masks. The system achieved a 0% Attack Presentation Classification Error Rate (APCER) and 0% Bona Fide Presentation Classification Error Rate (BPCER), ensuring the highest level of accuracy during the eKYC (electronic Know Your Customer) process.

    iBeta’s official announcement confirms that Cake is one of only five BFSI (Banking, Financial Services, and Insurance) organizations in Vietnam to obtain ISO/IEC 30107-3 Level 2 certification for facial biometrics. Notably, it is the first digital-only bank in Southeast Asia to be recognized for meeting this highest international standard in biometric security.

    Beyond meeting international benchmarks, Cake has optimized its facial recognition technology using a large dataset of Vietnamese users to ensure maximum accuracy and relevance. Its robust protective layers help the bank comply with the State Bank of Vietnam’s security regulations for online banking services, while simultaneously enabling fast, user-friendly transactions.

    Thanks to its flexible integration with various data sources and eKYC models, Cake’s facial recognition solution is widely applied across multiple domains—including customer identification, security access control, attendance tracking, and fraud prevention—for partners with large user ecosystems.

    Multiple Technology Solutions to Protect Customers

    In its commitment to user protection, Cake was an early adopter of the FIDO2 passwordless authentication standard and has also implemented advanced encryption for savings accounts. These innovations offer additional high-level security against account takeovers and the theft of personal savings.

    As part of its “Next GenAI Bank” strategy, Cake leverages artificial intelligence across all operational functions. The bank has developed over 80 AI models supporting customer interaction, credit risk analysis, and operational efficiency. In addition, Cake complies with PCI DSS 4.0 Level 1, the highest global standard for payment card data security.

    Nguyễn Hữu Quang, CEO of Cake Digital Bank, stated:

    “Achieving the highest international ISO standard for facial biometrics with a solution developed entirely in-house by our Vietnamese engineering team is a remarkable milestone for Cake. It reflects not only our technological autonomy but also our ability to meet the world’s most stringent security standards. We are proud to lead the way in digital banking innovation and remain committed to protecting our customers and partners through secure, locally developed solutions. At the same time, we aim to contribute to the broader digital transformation of Vietnam’s financial sector.”

    The MIL Network

  • MIL-OSI: Cybersecurity Veteran Kevin Mandia joins DTEX’s Advisory Board

    Source: GlobeNewswire (MIL-OSI)

    Founder of Mandiant and advisor to global governments and Boards will support the company’s insider-risk mission

    SAN JOSE, Calif. , May 12, 2025 (GLOBE NEWSWIRE) — DTEX Systems, the trusted leader of insider risk management, today announced the appointment of Kevin Mandia to its Advisory Board. A recognized authority on cyber defense, threat intelligence and national security issues, Mandia joins DTEX at a time when insider threats – fueled by geopolitical conflict, technological misuse, the rise of AI, and increased remote digital access – are accelerating in both scale and sophistication. These human elements remain the most unpredictable aspect of insider risk, requiring organizations to focus not just on technology, but on human behavior.

    A former military officer and founder of Mandiant, Mandia has advised U.S. diplomats, testified before Congress, and led incident response for some of the most consequential cyber breaches of the past two decades. His experience, going from founder to public-company CEO and building Mandiant into one of the world’s most respected incident response and threat intelligence firms, coupled with now supporting early-stage innovation as a Co-founder and General Partner at Ballistic Ventures, will help guide DTEX to deter insider threats before they become national security issues or enterprise incidents.

    “Insider risks have become a growing concern for organizations and national security alike,” said Mandia. “We are seeing increasing attention from Boards and leadership teams as adversaries exploit trusted access. DTEX has developed a thoughtful, proactive approach that goes beyond traditional alerts to help organizations detect, understand, and mitigate these threats. I’m proud to support a team committed to helping customers stay ahead of the evolving risk landscape.”

    DTEX’s 2025 Cost of Insider Risks Global Report highlights that 81% of organizations now have or are planning to have an insider risk management program. This aligns with the 2024 Department of Homeland Security (DHS) Homeland Threat Assessment, which underscores a significant increase in cyber espionage activities targeting critical infrastructure sectors, including technology, government and healthcare. Nation-state actors are intensifying efforts by using sophisticated tactics to compromise national security and public safety. As a result, Boards are prioritizing strategies to defend against insider threats for organizational resilience.

    “On behalf of the team at DTEX Systems, we are thrilled to welcome Kevin Mandia to the DTEX Advisory Board,” said Marshall Heilman, CEO of DTEX Systems. “Kevin was an early-career mentor to me, so I know firsthand that his expertise combined with his mission-oriented focus from Mandiant will be invaluable for our mission to protect organizations and governments from insider risks.”

    Mandia joins an esteemed group of cybersecurity and intelligence leaders on the DTEX Advisory Board, including The Honorable Sue Gordon, former Principal Deputy Director of National Intelligence, and Rear Admiral (Ret.) Mike Studeman, former Commander of the Office of Naval Intelligence. DTEX also recently welcomed Michael “Barni” Barnhart, former head of Google Mandiant’s North Korea threat hunting operations, to its Insider Intelligence and Investigations (i³) team.

    Mandia’s appointment highlights the urgent reality that insider risk is more than an operational concern, rather it is an existential threat to national security and enterprise stability. With Mandia’s renowned strategic insight, DTEX is positioned to accelerate the development and deployment of innovative solutions that detect, deter, and defend against insider threats, enabling organizations worldwide to proactively secure their most critical assets.

    To learn more about DTEX Systems, please visit www.dtexsystems.com

    About DTEX Systems
    As the trusted leader of insider risk management, DTEX transforms enterprise security by displacing reactive tools with a proactive solution that stops insider risks from becoming data breaches. DTEX InTERCEPT™ consolidates Data Loss Prevention, User Activity Monitoring, and User Behavior Analytics in one lightweight platform to enable organizations to achieve a trusted and protected workforce. Backed by behavioral science, powered by AI, and used by governments and organizations around the world, DTEX is the trusted authority for protecting data and people at scale with privacy by design.

    To learn more about DTEX Systems, please visit www.dtexsystems.com

    Connect with DTEX: LinkedIn | Twitter | YouTube

    Media Contact
    Mariah Gauthier
    dtex@highwirepr.com 

    The MIL Network

  • MIL-OSI: 21Shares Spotlights Solana’s Breakout Year in New “State of Crypto” Report

    Source: GlobeNewswire (MIL-OSI)

    New report explores Solana’s rise as the infrastructure layer of next-gen finance

    Zurich, 12 May 2025 – 21Shares, one of the world’s largest issuers of cryptocurrency exchange-traded products (ETPs), today announced the release of the 14th edition of its flagship research series, State of Crypto, featuring an in-depth spotlight on Solana.

    With ultra-high speed, near-zero fees, and a rapidly expanding ecosystem, Solana has emerged as a leading blockchain powering everything from cross-border payments to AI and decentralised physical infrastructure. The new report explores Solana’s evolution into a real-world financial layer, and why it is fast becoming the blockchain of choice for both developers and institutions.

    “Solana is redefining what’s possible with blockchain technology,” said Adrian Fritz, Head of Research at 21Shares. “It combines performance, usability, and scale in a way few networks can match. In this report, we unpack the numbers, the tech, and the trends behind Solana’s rise, and what that means for investors.”

    The report includes:

    • A detailed comparison between Solana and leading competitors such as Ethereum, Sui, and TON.
    • In-depth sector analyses of Solana’s growing ecosystem, including DePIN, AI agents, DeFi innovation, and the memecoin phenomenon.
    • A comprehensive valuation framework to evaluate whether Solana is currently undervalued relative to its peers.
    • Insights into Solana’s role within a diversified crypto portfolio and how it can enhance broader asset allocation strategies.

    Solana now processes over 3,000 transactions per second with transaction fees consistently below $0.01. During peak activity in January, it surpassed $364 billion in on-chain volume, matching the throughput of Nasdaq over the same period. With major integrations from Visa, Shopify, and PayPal, along with emerging innovations like Solana Blinks and the Saga smartphone, Solana is rapidly positioning itself as the foundational infrastructure layer for the next generation of the internet.

    21Shares offers the 21Shares Solana Core Staking ETP (ticker: CSOL), an exchange-traded product that allows investors to gain exposure to Solana without directly holding the asset. CSOL has a management fee of 0.35%, is 100% physically backed, and also benefits from staking rewards, which are seamlessly generated by adding the yield to the investor’s coin entitlement. 

    For more details about the 21Shares Solana Core Staking ETP, including the factsheet, please click here

    The report is available for download here.

    About 21Shares

    21Shares is one of the world’s leading cryptocurrency exchange traded product providers and offers the largest suite of crypto ETPs in the market. The company was founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. 21Shares listed the world’s first physically-backed crypto ETP in 2018, building a seven-year track record of creating crypto exchange-traded funds that are listed on some of the biggest, most liquid securities exchanges globally. Backed by a specialised research team, proprietary technology, and deep capital markets expertise, 21Shares delivers innovative, simple and cost-efficient investment solutions.

    21Shares is a member of 21.co, a global leader in decentralised finance. For more information, please visit www.21Shares.com

    Contact: matteo.valli@21shares.com

    DISCLAIMER

    This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG in any jurisdiction. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever or for any other purpose in any jurisdiction. Nothing in this document should be considered investment advice.

    This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful.

    This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. Neither the US Securities and Exchange Commission nor any securities regulatory authority of any state or other jurisdiction of the United States has approved or disapproved of an investment in the securities or passed on the accuracy or adequacy of the contents of this presentation. Any representation to the contrary is a criminal offence in the United States.

    Within the United Kingdom, this document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”); or (iii) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (iv) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

    Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU) 2017/1129 the Issuer’s Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com.

    The approval of the Issuer’s Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the Issuer’s Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand.

    This document constitutes advertisement within the meaning of the Prospectus Regulation (EU) 2017/1129 and the Swiss Financial Services Act (the “FinSA”) and not a prospectus. The 2024 Base Prospectus of 21Shares AG has been deposited pursuant to article 54(2) FinSA with BX Swiss AG in its function as Swiss prospectus review body within the meaning of article 52 FinSA. The 2024 Base Prospectus and the key information document for any products may be obtained at 21Shares AG’s website (https://21shares.com/ir/prospectus or https://21shares.com/ir/kids).

    ###

    Attachment

    The MIL Network

  • MIL-OSI: MEXC Lists 160 Tokens in April, Delivers Over 800% Returns Across Top Gainers

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, May 12, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, has released its April 2025 trading highlights, showcasing impressive results in token performance, early listing advantages, and community-driven events like airdrops.

    Key Takeaways:

    • MEXC listed 160 new tokens in April, led by trends in Meme, GameFi, AI, and DePIN sectors.
    • Top 10 new listings delivered an average of 832.33% ATH return, with HOUSE soaring +3,830%.
    • Tokens with high spot trading volume saw daily returns averaging 403.49%.
    • By pioneering listings for five key tokens—most notably HOUSE, which surged 11,580% between listings—MEXC gave users early access prior to their inclusion in IDO and alpha programs on other tier1 exchanges .
    • Airdrop+ campaigns reached 40,000+ participants, distributing about $1.5M in token rewards with a 40 USDT average return per user.

    According to the report, MEXC listed 160 new tokens in April, a 16.79% increase compared to March. This increase was driven by surging user interest in sectors such as Meme coins, GameFi, AI, and DePIN. This expansion of early-access opportunities reflects MEXC’s agile listing strategy and commitment to supporting new niches and communities.

    Top New Listings Deliver 832% Average Peak Returns

    MEXC’s strategic approach to listings paid off, with the top 10 tokens achieving an average all-time high return of 832.33%. HOUSE led the pack, posting a remarkable +3830.90% gain, followed by SEED (+952.63%) and TROLLSOL (+831.31%). These high performers span ecosystems including Solana, Sui, BSC, Ethereum, and Babylon.

    Strong Daily Performance Tied to Trading Volume

    April’s top 10 tokens by spot trading volume also posted robust short-term returns, with an average 24-hour return of 403.49%. Among them were the following assets:

    • WCT (+849.40%)
    • BANK (+937.10%)
    • BABY (+738.00%)

    The early token growth metrics highlight that activity on the platform is an important signal for early traders.

    MEXC Empowers Traders with Early Price Discovery Capabilities

    Notably, five tokens later featured in leading IDO and alpha programs were listed on MEXC prior to their program debuts, posting price gains of several hundred to several thousand percent between the two events:

    • HOUSE: +11,580%
    • PUMP: +281.54%

    The report findings reinforced MEXC’s reputation as a platform where market momentum is often detected first.

    Airdrop+ Events Attract 40,000 Participants, Drive New Token Buzz

    MEXC ran 23 Airdrop+ campaigns during the month, attracting over 40,000 participants and distributing almost $1.5 million in tokens. The average return per participant was 40 USDT, with top-performing tokens like SEED, PUMP, and BABY included in the prize pools.

    Airdrop+ has proven itself as a tool not only for attracting but also activating users, especially in Asian and emerging markets. A recent MEXC report based on the analysis of more than 100 campaigns in recent months revealed that up to 35% of new users register through participation in airdrop activities. Users involved in the campaign were more likely to continue active trading and participate in subsequent IDO/IEO offerings on the platform.

    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 WebsiteXTelegramHow to Sign Up on MEXC
    For media inquiries, please contact MEXC PR Manager Lucia Hu: lucia.hu@mexc.com

    Source

    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/afe828f5-67e6-4019-9b94-0ad0634dcb6f

    The MIL Network

  • MIL-OSI Russia: Cultural Marathon at the Polytechnic: Foreign Students Celebrate the 60th Anniversary of the Preparatory Faculty

    Translation. Region: Russian Federal

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    In honor of the 60th anniversary of the preparatory faculty of Peter the Great St. Petersburg Polytechnic University, a series of events dedicated to the history and culture of our country were held for foreign students.

    20 best students from Angola, Vietnam, India, Indonesia, Yemen, China, Myanmar, Palestine, Turkmenistan and Turkey went to a three-day cultural and educational intensive course “Polytechnic in History and Culture” at the Kholomki estate. The guys immersed themselves in the atmosphere of Russian estate life in a historical complex associated with the name of the first director of the Polytechnic – Prince Andrei Grigorievich Gagarin.

    The participants not only learned about the life of the prince and the fate of his estate, but also visited Gagarin’s grave in the village of Belskoye Ustye, paying tribute to the memory of the university’s founder.

    This brought us even closer together! Thank you for the opportunity to relax, find friends and celebrate the faculty anniversary, – shared Mustafa Rozyev from Turkmenistan.

    The educational program was prepared by teachers of the Higher School of International Educational Programs (HSIEEP). There were team-building trainings, quizzes on Russian history and modern culture, and a volleyball match, where international student teams competed with teachers. Indian student Gupta Purvi remembered volleyball the most: It was fun and adventurous, and the teachers were as passionate as we were.

    Jonathan Abel from Indonesia admitted that he especially enjoyed the night songs around the campfire under the starry sky: The teachers sang so beautifully that even those who did not know the words joined in with the melodies.

    Yemeni student Al-Falah Naif expressed his delight poetically: Nature whispered its secrets to us… These days will become a page in my future novel.

    Before returning to St. Petersburg, the group honored the memory of the victims of Nazism at the Dulag 100 memorial near Porkhov, where a transit camp was located during the war. The children were reminded that this year Russia solemnly celebrated the 80th anniversary of the Victory in the Great Patriotic War.

    Another group of students from Mexico, China, Turkmenistan, France, Thailand and Slovakia visited the State Museum of the History of Religion. They began their journey with the halls of Christian symbols, where guides gave detailed information about ancient icons, church utensils and the history of Orthodoxy in Russia. Rare exhibits, such as a reconstruction of a 17th-century altar with preserved frescoes, attracted special attention. In the Catholicism department, the participants learned about the connection between European religious traditions and Russian culture.

    Students from Turkmenistan particularly noted the halls dedicated to Islam.

    It’s unexpected to see familiar religious symbols in Russia, it brings us even closer together,” shared Matyakub Yusupov.

    The events not only strengthened intercultural ties, but also became a bridge between the past and present of the Polytechnic University, reminding us of its rich heritage, and helped to form a sense of belonging to the cultural heritage. The organizers are confident that such projects help foreign students to understand Russia more deeply and feel part of a large university family.

    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

  • MIL-OSI Asia-Pac: Speech by SLW at plenary session of Seventh APEC Human Resources Development Ministerial Meeting (2) (English only) (with photo)

    Source: Hong Kong Government special administrative region

    Speech by SLW at plenary session of Seventh APEC Human Resources Development Ministerial Meeting (2) (English only) (with photo) 
    Good afternoon, chair and distinguished fellow ministers,
     
    It is a privilege to speak before this distinguished assembly on a topic of paramount importance to the continued success of every economy. That is talent and manpower. In our fast-paced and ever-changing world, an economy’s ability to adapt and succeed hinges on the dynamism and resilience of its workforce and how well it responds to the demands of future jobs.
     
    Based on our forecast, Hong Kong, China would face an overall manpower shortage of 180 000 in 2028, with over one-third being skilled technical workers. Broader trends such as economic restructuring, technology advancement, business automation and digitalisation across industries would alter demand for job roles and skills in the market. According to a study by the IMF (International Monetary Fund), nearly 40 per cent of jobs globally are likely to be impacted by AI, in particular in high-skill sectors.
     
    It is necessary for our workforce to continuously equip themselves with new and relevant skills to stay competitive in the evolving job market. This includes acquiring AI-related competencies, digital skills and other technical expertise that are increasingly in demand. At the same time, workers must also strengthen their adaptability, embrace lifelong learning and be open to change.
     
    Hong Kong, China makes significant investment in education to provide our young people with diversified and quality education and promote whole-person development. The huge investment we make in education allows the young to choose their own articulation pathways and join different industries according to their interests and abilities.
     
    To further elevate the status of vocational and professional education and training, we are pressing ahead with the establishment of universities of applied sciences (UAS), providing a pathway to success for young people who aspire to pursue a career in professional skilled sectors. The Hong Kong Metropolitan University and Saint Francis University were qualified as the first two UAS in Hong Kong, China.
     
    We have also supported the Vocational Training Council to provide a comprehensive system of vocational education and training services. The council offers more than 1 000 in-service training short courses annually to upgrade skills and knowledge with over a hundred thousand of student enrolments every year. Furthermore, the Employees Retraining Board provides eligible trainees with market-driven and employment-oriented courses to assist them in joining or rejoining the labour market. The Board currently offers more than 700 training courses straddling 28 industry areas.
     
    To address the challenges of the ageing population and shortage of manpower supply, Hong Kong, China has implemented various well-received talent attraction measures since end-2022. The statistics of admission applications prove that Hong Kong, China is the preferred destination for outside talent. As at end-March 2025, we received over 460 000 new applications and approved over 300 000 cases. 
     
    To build a quality talent pool for future development, we are reforming various aspects of our talent admission regime. We will shortly invite top and leading talent to come to Hong Kong, China for development so as to better realise our role as an international hub for high calibre talent. We will also allow young non-degree talent with professional and technical qualifications and experience to come to Hong Kong, China to join trades facing manpower shortage.
     
    Looking ahead, Hong Kong, China will closely monitor the employment market, continuously review manpower policies, strengthen training and employment support and encourage employers to provide a favourable work environment with a view to facilitating greater participation in the labour market and fostering sustainable economic development.
     
    Thank you.
    Issued at HKT 15:40

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Russia: Students of the State University of Management attended a meeting with the General Secretary of the Central Committee of the Communist Party of Vietnam To Lam

    Translation. Region: Russian Federal

    Source: State University of Management – Official website of the State –

    As part of the Victory Day celebrations, students of the State University of Management attended a meeting with the General Secretary of the Central Committee of the Communist Party of the Socialist Republic of Vietnam, Comrade To Lam, which took place at the Russian Presidential Academy of National Economy and Public Administration.

    Comrade To Lam was met by Deputy Prime Minister of the Russian Federation Dmitry Chernyshenko, Chairman of the State Duma of the Russian Federation Vyacheslav Volodin and Rector of RANEPA Alexey Komissarov. More than 1,200 people took part in the event, including participants of the “Time of Heroes” program and 100 Vietnamese students studying at Moscow universities, including MGIMO, RUDN, HSE, MADI, Plekhanov Russian University of Economics and others. SUM was represented by three students of the Institute of Marketing: Nguyen Thi Hai Anh, Do Ngoc Anh, Phan Thi Zieu Anh.

    This visit took place in a significant year when Russia and Vietnam celebrate the 80th anniversary of Victory in the Great Patriotic War, the 75th anniversary of the establishment of diplomatic relations and 50 years since the liberation of South Vietnam.

    In his welcoming speech, State Duma Chairman Vyacheslav Volodin noted that the leaders of Russia and Vietnam make a great contribution to the development of the dialogue between the two countries. “It is precisely such relations at the highest state level that allow us to do everything to develop other formats. Our task is to legislatively ensure the decisions reached at the level of heads of state,” he emphasized.

    General Secretary of the Central Committee of the Communist Party of Vietnam To Lam delivered a lecture on the topic of “Foreign Policy Priorities of the Socialist Republic of Vietnam”. The distinguished guest congratulated those gathered on Victory Day and spoke in detail about the history of friendship and cooperation between Vietnam and Russia, paying special attention to cooperation in the fields of science and education. More than half of the General Secretaries of the Central Committee of the Communist Party of Vietnam studied in Russia, as well as many representatives of the technical and creative intelligentsia who headed specialists in the national economy. In total, more than 10,000 Vietnamese students and postgraduates studied in the Soviet Union, and today more than 5,000 Vietnamese students study in Russia.

    Photos provided by our students and taken from the official website of RANEPA.

    Subscribe to the TG channel “Our GUU” Date of publication: 12.05.2025

    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

  • MIL-OSI Europe: VATICAN/REGINA CAELI – Leo XIV: May Jesus grant the world “the miracle of peace”

    Source: Agenzia Fides – MIL OSI

    Sunday, 11 May 2025

    Vatican City (Agenzia Fides) – Pope Leo entrusts his prayer for peace to Mary, the “Queen of Peace,” “so that she may present it to the Lord Jesus to obtain for us the miracle of peace.” With this, Pope Leo XIV concluded his brief address, delivered from the central loggia of St. Peter’s Basilica after the first Regina Coeli following his election as Successor of Peter. A brief speech in which the Bishop of Rome addressed the conflicts in the world and reiterated the words spoken by Paul VI in his famous speech to the UN: “Never again war!” “Eighty years ago, on May 8,” the Pope began his address after the blessing, “the immense tragedy of the Second World War ended, which claimed sixty million victims. In today’s dramatic scenario of a piecemeal third world war, as Pope Francis stated many times, I too address the world’s leaders, repeating the ever-timely appeal: “Never again war!”.”I carry in my heart the sufferings of the beloved Ukrainian people,” Pope Leo continued. “May everything possible be done to reach an authentic, just and lasting peace, as soon as possible. Let all the prisoners be freed and the children return to their own families.”The Bishop of Rome then said he was “deeply saddened” by “what is happening in the Gaza Strip: may there be an immediate ceasefire! Let humanitarian aid be provided to the stricken civil population, and let all the hostages be freed!”Pope Leo welcomed with satisfaction the “announcement of the ceasefire between India and Pakistan” hoping “that through the upcoming negotiations, a lasting accord may be reached soon. But how many other conflicts there are in the world! I entrust this heartfelt appeal to the Queen of Peace, so that she may present it to the Lord Jesus to obtain for us the miracle of peace.””Today in Italy and in other countries we celebrate Mother’s Day,” the Pope concluded. “I send a fond greeting to all mothers, with a prayer for them, and for those who are already in Heaven.” (F.B.) (Agenzia Fides, 11/5/2025)
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    MIL OSI Europe News

  • MIL-OSI Asia-Pac: HB organises Construction Robots for Housing – RoboPaint Master Competition x Arena of Construction Robots to advance applications of construction technologies

    Source: Hong Kong Government special administrative region

         The Housing Bureau (HB) organised the Construction Robots for Housing – RoboPaint Master Competition x Arena of Construction Robots today (May 12) to promote the adoption of industry technologies and advance public housing developments into a new era of smart construction.
     
         To expedite the speed and efficiency of increasing the public housing supply and address the challenge of an ageing workforce and construction manpower shortages, the HB and the Hong Kong Housing Authority (HKHA) are leveraging innovative construction technologies to boost productivity and improve safety. As part of the Housing•I&T initiative, the HB will host a series of events, including today’s robotics competition, a housing construction robot design competition for secondary school students in September, and an international summit in November aimed at fostering the development of a construction technology market. The Construction Robots for Housing – RoboPaint Master Competition x Arena of Construction Robots is the first highlight of this initiative. The event provides the industry with a platform to test and demonstrate their technological products, allowing participants to fully explore and maximise the development potential of innovative construction technologies.
     
         A Mainland robotics company has already partnered with the Hong Kong University of Science and Technology to establish a joint research institute for a few years to promote and strengthen co-operation between the university and industry in the development of robotics technology. The HKHA anticipates that the use of robotics will gradually become more prevalent, and has thus incorporated requirements for such use in its tender documents. By leveraging the stable and substantial volume of public housing projects and diverse application areas, the HKHA aims to attract Mainland robotics companies to progressively deploy their technologies in public housing initiatives. Acting as a “super connector” and a “super value-adder”, the HKHA actively seeks and validates tailored robotics solutions that meet industry needs while promoting successful cases to the sector. As a result, several robotics companies subsequently have decided to expand their business operations in Hong Kong, using it as a springboard to enter markets in Singapore, the Middle East and Europe. It is believed that the establishment of more innovation and technology (I&T) enterprises in Hong Kong will further drive the vibrant development of the city’s I&T ecosystem.
     
         At the event’s opening ceremony, the Secretary for Housing, Ms Winnie Ho, said, “According to the indicators for specific tasks as in the Chief Executive’s 2024 Policy Address on construction robots, the HKHA will specify in tender documents the construction processes where robots can be employed to enhance site safety and construction efficiency. The highlight of today’s event is the painting robots participating in the Construction Robots for Housing – RoboPaint Master Competition. The application of construction robots not only boosts productivity and quality but also creates a safer and healthier working environment for frontline workers. This advancement elevates the technological standards and professional image of the industry, making it more appealing to young professionals. A recent case of a public housing project demonstrates that collaborative painting robot systems can enhance the efficiency of indoor painting works by over 50 per cent and improve works quality. For instance, in a public housing project with a standard floor comprising 24 units, traditional methods require eight skilled workers for wall finishing, while only two operators are needed when using a robotics system.”
     
         In addition to contractual requirements, the HKHA will continue to expand the scope of subsidies available for contractors adopting construction robots through the Government’s Construction Innovation and Technology Fund. This two-pronged strategy will encourage the industry to widely adopt innovative technologies and establish a new “human-machine collaborative housing construction model”.
     
         The robots participating in today’s Construction Robots for Housing – RoboPaint Master Competition were evaluated by a jury panel, comprising Ms Ho and representatives from the Hong Kong Institution of Engineers, the Hong Kong Institute of Architects, the Construction Industry Council and industry experts. The judging criteria encompassed technical performance, efficiency and productivity, quality of painting and safety.
     
        The results of the Construction Robots for Housing – RoboPaint Master Competition are as follows:
    Grand Award: Bright Dream (HK) Construction Technology Limited, Weibuild Technology HK Limited
    1st Runner-up: Fangshi Technology Company Limited, Fulltime Robotics Company Limited
    2nd Runner-up: HONGKONG DAFANG AI CO., LIMITED
     
         The Construction Robots for Housing – Arena of Construction Robots showcased six types of robots with potential applications in public housing construction. These included a rebar-tying robot, a floor-tiling robot, a steel frame-cutting robot, a six-metre tall three-in-one wall-painting robot, a concrete internal wall-grinding robot and an autonomous small unmanned aircraft for scanning. Live demonstrations of these robots provided contractors with insights into the latest developments in innovative construction technologies, encouraging broader industry adoption and further advancing the sector’s development.
     
         Currently, construction robotics systems have been implemented in over 20 public housing development projects, with an additional 30 projects expected to follow by 2027.

    MIL OSI Asia Pacific News

  • MIL-OSI Europe: Latest news – Meeting of 13 May 2025 in association with AFET and DSAS – Delegation for relations with India

    Source: European Parliament

    The India Delegation (D-IN) will hold an ordinary meeting in association with the Committee on Foreign Affairs (AFET) and Delegation for relations with the countries of South Asia (DSAS) on Tuesday 13 May 2025 at 14:30-15:30 in Brussels.

    An exchange of views on the escalation of India-Pakistan relations following the terrorist attack in Pahalgam will be held.The meeting will be held in camera.

    MIL OSI Europe News

  • MIL-OSI Europe: Text adopted – Violations of religious freedom in Tibet – P10_TA(2025)0097 – Thursday, 8 May 2025 – Strasbourg

    Source: European Parliament

    The European Parliament,

    –  having regard to its previous resolutions on Tibet and China,

    –  having regard to Rules 150(5) and 136(4) of its Rules of Procedure,

    A.  whereas, under the leadership of Xi Jinping, the Chinese authorities have become increasingly oppressive; whereas the human rights situation in Tibet continues to deteriorate; whereas respect for human rights, democracy and the rule of law should be at the centre of the EU’s relations with China;

    B.  whereas Tulku Hungkar Dorje, a respected Tibetan Buddhist religious leader and humanitarian figure, died on 28 March 2025 under suspicious circumstances while in custody in Vietnam, following his arrest by Vietnamese and Chinese authorities; whereas his body was reportedly cremated without the consent of his family, raising serious concerns;

    C.  whereas Tibetan Buddhists, who are systemically targeted by Chinese authorities and face forced disappearances and physical abuse, represent the largest religious group among political prisoners in China;

    D.  whereas credible reports identify extensive pressure from Chinese authorities on Rinpoches to align with the Chinese Communist Party’s narrative, including forced interrogations and attempts to enforce support for the Chinese-appointed Panchen Lama;

    1.  Strongly condemns the repressive assimilation policies throughout PRC and their violations of universal human rights, especially in Tibet, which seek to eliminate distinct Tibetan religious and cultural traditions and heritage; calls for a clear separation between State and religion in China;

    2.  Firmly opposes any attempt by the Chinese Government to interfere in the selection of Tibetan Buddhist spiritual leaders, including the Dalai Lama;

    3.  Expresses its deep concern and sorrow over the suspicious death of Tulku Hungkar Dorje and extends its sincere condolences to his family, monastery and followers;

    4.  Strongly condemns the continued persecution of Tibetan religious and cultural leaders and the practice of transnational repression by Chinese authorities, including the cultural and linguistic assimilation of children in state-run residential schools, reflecting a broader policy of forced assimilation; calls for the suspension of extradition treaties with the PRC;

    5.  Calls for an immediate, independent, impartial and transparent investigation into his death, with international oversight and access to evidence and witnesses, and the immediate return of his remains;

    6.  Demands that those responsible for wrongdoing be held accountable under international human rights standards and law; demands that the EU impose sanctions on officials and entities responsible for human rights violations in Tibet;

    7.  Urges the PRC to uphold its obligations under international law and cease all discrimination against religious and ethnic minorities, allow peaceful religious practice, and release all religious and political prisoners, including the rightful Panchen Lama and Ilham Tohti;

    8.  Urges the EU and Member States to raise this case in bilateral and multilateral dialogues with PRC and Vietnam, and demand accountability for human rights violations in Tibet; insists on also raising the repression of other religious minorities such as the Uyghurs in Xinjiang;

    9.  Instructs its President to forward this resolution to the EUSR, the governments of PRC and Vietnam, the UN High Commissioner for Human Rights and the Central Tibetan Administration.

    MIL OSI Europe News

  • MIL-OSI Russia: Seven Chinese Nurses Awarded Florence Nightingale Medal

    Translation. Region: Russian Federal

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

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

    BEIJING, May 12 (Xinhua) — Seven Chinese nurses have been awarded the Florence Nightingale Medal, one of the highest international awards for nurses, for their outstanding contributions to health care.

    A total of 35 nurses from 17 countries have received the award this year, with China leading the way. The announcement was made by the Chinese Red Cross Society as the world celebrates International Nurses Day on May 12.

    The Chinese laureates include a nurse from the Wuhan AIDS Clinical and Training Centre, a senior volunteer nurse from the Hong Kong Special Administrative Region (SAR) Red Cross Society and a nurse from the emergency department of the General Hospital of the People’s Liberation Army, the International Committee of the Red Cross said.

    The Florence Nightingale Medal is an international award given to outstanding nurses around the world.

    Since China first took part in the selection in 1983, 97 Chinese nurses have received the prestigious award. -0-

    MIL OSI Russia News

  • MIL-OSI: Astra Fintech Announces Establishment of Korea HQ, Strengthening Commitment to Solana Ecosystem and Regional Expansion

    Source: GlobeNewswire (MIL-OSI)

    Key Takeaways

    • Astra Fintech’s establishment of its Korea HQ reinforces its commitment to the region, following active participation in local blockchain events like Seoulana
    • The company plans to deepen its involvement in the Solana ecosystem, leveraging its speed and scalability to advance DeFi, payments, and Web3 solutions tailored to the Korean market.
    • Astra Fintech aims to invest in local partnerships, talent, and regulatory engagement, positioning itself as a key innovator in Korea’s fintech and blockchain landscape.

    SEOUL, South Korea, May 12, 2025 (GLOBE NEWSWIRE) — Astra Fintech, a leading Canadian Finfra firm, has officially announced the launch of its Korea Headquarters — an essential milestone in the company’s strategic expansion throughout Asia. This move reinforces Astra Fintech’s long-term commitment to the Korean market, which has already established a strong presence by actively engaging in local blockchain ecosystems. Notably, the company served as a key partner of Solana Korea earlier this quarter and picked up a handful of prominent projects, including Mulex Protocol, Depe, etc.

    A Strong Foundation in Korea
    Ahead of its Korea HQ launch, Astra Fintech actively demonstrated its dedication to the Korean blockchain community through high-impact engagements. As a prominent sponsor of Seoulana, a premier Solana-focused hackathon, the company reinforced its commitment to supporting the growth of the Solana ecosystem. At the event, Astra Fintech engaged with developers, investors, and blockchain enthusiasts, sharing its vision for PayFi—a next-generation financial solution built on high-performance blockchain infrastructure. The hackathon provided a strategic platform for the company to align its innovative roadmap with Solana’s mission to transform decentralized finance.

    Accelerating Growth on Solana
    With the new Korea HQ, Astra Fintech is poised to deepen its involvement in the Solana ecosystem, leveraging its speed, scalability, and low transaction costs to deliver cutting-edge financial solutions. The company plans to explore DeFi, payments, and Web3 application opportunities, collaborating with local partners to drive adoption and integration.

    “Korea is a critical hub for blockchain innovation, and our HQ launch reflects our commitment to this vibrant market,” said Jamie, Head of Partnership in Astra, “By aligning with Solana’s ecosystem and engaging with Korea’s world-class talent, we aim to pioneer next-generation fintech solutions that bridge traditional and decentralized finance.”

    Strategic Vision for Korea and Beyond
    Establishing the Korea HQ signals Astra Fintech’s ambition to expand its regional influence, with plans to invest in local talent, form strategic partnerships, and participate in Korea’s dynamic blockchain regulatory landscape. The company’s long-term roadmap includes:

    • Enhancing Solana-based infrastructure for Korean and global users.
    • Launching localized fintech products tailored to Korea’s tech-savvy population.
    • Strengthening community engagement through events, hackathons, and educational initiatives.

    As Astra Fintech solidifies its presence in Korea, the company remains focused on driving innovation at the intersection of finance and blockchain, positioning itself as a key player in Asia’s digital economy.

    About Astra Fintech
    Astra Fintech is a Canada-based blockchain finance leader revolutionizing FinFra by bridging traditional and decentralized payments. As a strategic Solana ecosystem partner backed by Multicoin LPs, we deliver secure, borderless PayFi solutions while driving innovation through investments in next-gen financial infrastructure.
    X: https://x.com/AstraFintech

    Contact:
    Connie
    contact@astra.holdings

    Disclaimer: This is a paid post and is provided by Astra Fintech. 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.

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    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3c5e19c1-d2e5-4d43-a54f-8eedb3667906

    The MIL Network

  • MIL-OSI China: China, US announce measures to ease tariff tensions

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

    China and the United States announced here Monday a series of tariff modification measures aimed at easing trade tensions between the world’s two largest economies.

    The decision followed a two-day China-U.S. high-level meeting on economic and trade affairs, where both sides recognized the importance of their bilateral economic and trade relationship to both countries and the global economy, a joint statement said, noting that both sides emphasized the need for a sustainable, long-term and mutually beneficial economic and trade relationship.

    According to the statement, the United States will place a 90-day pause on 24 percentage points of the additional ad valorem rate of duty on articles of China (including articles of the Hong Kong Special Administrative Region and the Macau Special Administrative Region) starting from April 2, while retaining the remaining rate of 10 percent on those articles. It will also remove the additional tariff rates on imports from China announced on April 8 and 9 respectively.

    According to the Executive Order 14259 issued on April 8 by the White House, the United States raised “reciprocal” tariff rate on China to 84 percent. One day later, the White House in another executive order hiked rate to 125 percent.

    Ad valorem tax is a tax based on the assessed value of assets, goods or services being taxed.

    China will modify accordingly the application of the additional ad valorem rate of duty on articles of the United States set forth in Announcement of the Customs Tariff Commission of the State Council No. 4 of 2025, by suspending 24 percentage points of that rate for an initial period of 90 days, while retaining the remaining additional ad valorem rate of 10 percent on those articles.

    It will remove the modified additional ad valorem rates of duty on those articles imposed by the No. 5 and No. 6 announcements issued by the Customs Tariff Commission of the State Council on April 9 and 11 respectively.

    China will also adopt all necessary administrative measures to suspend or remove the non-tariff countermeasures taken against the United States since April 2, 2025.

    The two sides commit to take the actions by May 14.

    The two sides will also establish a mechanism to continue discussions about economic and trade relations. These discussions may be conducted alternately in China and the United States, or a third country upon agreement of the Parties, the statement said.

    MIL OSI China News