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Category: Asia

  • MIL-OSI: Varonis Names Winners of Global Partners in Excellence Awards

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, April 09, 2025 (GLOBE NEWSWIRE) — Varonis Systems, Inc. (Nasdaq: VRNS), the leader in data security, today announced the winners of its annual Partners in Excellence awards. The program recognizes channel partners who worked tirelessly in 2024 to deliver Varonis’ top-ranked Data Security Platform to customers worldwide. Varonis leadership selected the winners based on their accomplishments throughout the year.

    “Securing critical data is a top priority for our customers, and our mission at Varonis is to protect sensitive data wherever it lives, across IaaS, SaaS, and hybrid environments,” said Greg Pomeroy, Varonis SVP of Worldwide Sales. “In 2024, our partners used their expertise to help Varonis ensure that customer’s data is secured with automated outcomes delivered via our Data Security Platform. Congratulations to the Partners in Excellence award winners.”

    Winners for North America

    • Partner of the Year — CDW
    • Growth Partner of the Year — Trace3
    • Cloud Partner of the Year — World Wide Technology
    • West Regional Partner of the Year — Optiv Security Inc.
    • East Regional Partner of the Year — GuidePoint Security
    • West Growth Partner of the Year — AHEAD
    • East Growth Partner of the Year — Alchemy Technology Group

    Winners for France

    • Partner of the Year — Metsys
    • Growth Partner of the Year — Orange Cyberdefense
    • Partner Excellence Award — Synetis

    Winners for Central Europe

    • Partner of the Year — SVA
    • Growth Partner of the Year — ORBIT
    • Partner Excellence Award — link protect

    Winners for U.K.

    • Partner of the Year — Softcat Plc
    • Growth Partner of the Year — Saepio Solutions Ltd
    • Partner Excellence Award — Bytes Software Services Ltd

    Winners for Spain and Portugal

    • Partner of the Year — Inspiring Solutions

    Winners for Australia

    • Partner of the Year — CyberCX

    Winners for India

    • Partner of the Year — Hitachi Systems India
    • Distributor of the Year — RAH Infotech

    Winners for Latin America

    • Partner of the Year — Infosec Data Security

    Winners for Italy

    • Partner of the Year — Spike Reply
    • Growth Partner of the Year — Lutech

    Additional Resources

    About Varonis
    Varonis (Nasdaq: VRNS) is the leader in data security, fighting a different battle than conventional cybersecurity companies. Our cloud-native Data Security Platform continuously discovers and classifies critical data, removes exposures, and detects advanced threats with AI-powered automation.

    Thousands of organizations worldwide trust Varonis to defend their data wherever it lives — across SaaS, IaaS, and hybrid cloud environments. Customers use Varonis to automate a wide range of security outcomes, including data security posture management (DSPM), data classification, data access governance (DAG), data detection and response (DDR), data loss prevention (DLP), AI security, and insider risk management.

    Varonis protects data first, not last. Learn more at www.varonis.com.

    Investor Relations Contact:
    Tim Perz
    Varonis Systems, Inc.
    646-640-2112
    investors@varonis.com

    News Media Contact:
    Rachel Hunt
    Varonis Systems, Inc.
    877-292-8767 (ext. 1598)
    pr@varonis.com

    The MIL Network –

    April 10, 2025
  • MIL-OSI: SIMPPLE Ltd. Launches New Product “SIMPPLE Vision”, an end-to-end Vision-as-a-Service (VaaS) video content analytics, and Secures Paid Pilot with a national healthcare institution in Singapore

    Source: GlobeNewswire (MIL-OSI)

    Singapore, April 09, 2025 (GLOBE NEWSWIRE) — SIMPPLE Ltd. (NASDAQ: SPPL) (“SIMPPLE” or “the Company”), a leading technology provider and innovator in the facilities management (FM) sector, today launched its new highly scalable end-to-end A.I. video analytics platform – SIMPPLE Vision, providing building owners and service contractors insights into facility operations and occupants’ behaviour. It brings together a set of pre-trained A.I. models from the Environmental Services and Security sectors coupling them with automated workforce management capabilities, enabling organizations to process vast amounts of video data in real-time, and instantly send alerts or work orders to the workforce to respond. This allows facility managers and workers to react quicker to situations with an enhanced level of transparency and accountability to the operations.

    With rising security concerns around unauthorised access as well as workplace safety breaches and incidents, there is a push towards evidence-based reporting and prevention. SIMPPLE Vision platform makes use of existing camera networks to deliver real-time insights through vision A.I. analytics and automated push notifications, minimising the cost of hardware upgrades and reducing reliance on manual monitoring. This is a significant upgrade, by retrofitting systems that lack modern analytics capability, therefore eliminating the need to replace existing cameras. SIMPPLE Vision processing platform can provide real-time analytics, incident logging, and audit trails for regulatory compliance, amongst many other features and related applications.

    SIMPPLE Vision applies advanced algorithms and high compute capabilities, which can be used and scaled across many sectors, such as aviation and transport safety, healthcare and hospitality monitoring, and compliance within education institutions. Data collected from such implementations can be refined over time, offering people and asset safety, and ultimately creating more personalised customer or occupant experiences within a given space. Another unique proposition SIMPPLE Vision platform offers is its ability to do both on-premises and cloud set-ups, depending on the end user requirements. This is especially important for critical infrastructure or healthcare facilities to avoid cloud risks while concurrently reducing cloud storage and transmission costs from significant bandwidth consumption, making it an ideal and cost-effective alternative solution.

    Following the announcement of SIMPPLE Vision, SIMPPLE is also pleased to announce a contract win with one of the largest public healthcare institutions in Singapore to deploy its advanced computer vision-to-workforce management capabilities as part of the initial proof-of-value initiative. Due to confidentiality, specific contract details remain undisclosed. This collaboration aims to enhance operational efficiency within the healthcare premises and improve customer satisfaction. If successful, the program is set to expand across multiple hospitals nationwide with these added vision applications, marking a major step forward to incorporate cutting-edge vision technologies for the healthcare sector.

    “We are thrilled to launch SIMPPLE Vision as part of our continuing commitment to develop innovative and cost-effective solutions that can positively impact service delivery and improved reporting outcomes,” said SIMPPLE chief executive Norman Schroeder. “This domain-specific computer vision capability is a step forward to revolutionise the way assets and broad ranging facilities are managed. Being awarded one of Singapore’s national public hospitals as an initial site is a testament to our commitment and forward-looking vision. We will continue to deliver on our promise to develop fit-for-purpose solutions, as we look to expand our contribution to the healthcare sector in Singapore and beyond.”

    According to an August 2024 report by SkyQuest Technology, the global video analytics market will attain a value of $44.7 billion by 2031, with a CAGR of 22.3%, from 2024 to 2031. This rapid growth is largely driven by the growing emphasis on security enhancements and integration of artificial intelligence with video analytics solutions. Crowd management will remain as a key contributor to the growth of computer vision applications in stadiums, airports, public events, and government facilities, said the report.

    About SIMPPLE LTD.

    Headquartered in Singapore, SIMPPLE LTD. is an advanced technology solution provider in the emerging PropTech space, focused on helping facilities owners and managers manage facilities autonomously. Founded in 2016, the Company has a strong foothold in the Singapore facilities management market, serving over 60 clients in both the public and private sectors and extending out of Singapore into Australia and the Middle East. The Company has developed its proprietary SIMPPLE Ecosystem, to create an automated workforce management tool for building maintenance, surveillance and cleaning comprised of a mix of software and hardware solutions such as robotics (both cleaning and security) and Internet-of-Things (“IoT”) devices. 

    For more information on SIMPPLE, please visit: https://www.simpple.ai

    Safe Harbor Statement

    This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement.

    Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.

    The MIL Network –

    April 10, 2025
  • MIL-OSI: Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    RENO, Nev., April 09, 2025 (GLOBE NEWSWIRE) — Ormat Technologies Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced that it plans to publish its first quarter financial results in a press release that will be issued on Wednesday, May 7, 2025, after the market closes. In conjunction with this report, the Company has scheduled a conference call to discuss the results at 09:00 a.m. ET on Thursday, May 8, 2025.

    Participants within the United States and Canada, please dial 1-800-715-9871, approximately 15 minutes prior to the scheduled start of the call. If you are calling from outside the United States or Canada, please dial +1-646-960-0440. The access code for the call is 3818407. Please request the “Ormat Technologies, Inc. call” when prompted by the conference call operator. The conference call will also be accompanied by a live webcast on the Investor Relations section of the Company’s website.

    A replay will be available one hour after the end of the conference call. To access the replay within the United States and Canada, please dial 1-800-770-2030. From outside of the United States and Canada, please dial +1-647-362-9199. Please use the replay access code 3818407. The webcast will also be archived on the Investor Relations section of the Company’s website.

    ABOUT ORMAT TECHNOLOGIES

    With six decades of experience, Ormat Technologies, Inc. is a leading geothermal company, and the only vertically integrated company engaged in geothermal and recovered energy generation (“REG”), with robust plans to accelerate long-term growth in the energy storage market and to establish a leading position in the U.S. energy storage market. The Company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter – a power generation unit that converts low-, medium- and high-temperature heat into electricity. The Company has engineered, manufactured and constructed power plants, which it currently owns or has installed for utilities and developers worldwide, totaling approximately 3,400 MW of gross capacity. Ormat leveraged its core capabilities in the geothermal and REG industries and its global presence to expand the Company’s activity into energy storage services, solar Photovoltaic (PV) and energy storage plus Solar PV. Ormat’s current total generating portfolio is 1,538MW with a 1,248MW geothermal and solar generation portfolio that is spread globally in the U.S., Kenya, Guatemala, Indonesia, Honduras, and Guadeloupe, and a 290MW energy storage portfolio that is located in the U.S.

    Ormat Technologies Contact:
    Smadar Lavi
    VP, Head of IR and ESG Planning & Reporting
    775-356-9029 (ext. 65726)
    slavi@ormat.com
    Investor Relations Agency Contact:
    Joseph Caminiti or Josh Carroll
    Alpha IR Group
    312-445-2870
    ORA@alpha-ir.com

    The MIL Network –

    April 10, 2025
  • MIL-OSI: Cyabra Partners with Aquion to Strengthen Digital Security and Combat Disinformation Across Australia and New Zealand

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, April 09, 2025 (GLOBE NEWSWIRE) — Cyabra Strategy Ltd. (“Cyabra”), a leading AI platform for real-time disinformation detection, has joined forces with Aquion Pty Ltd, a trusted value-added distributor of cybersecurity and digital transformation solutions. This partnership will bring Cyabra’s AI-driven platform to businesses, government agencies, and enterprises across Australia and New Zealand, helping them detect and monitor digital threats in real time.

    With the rise of disinformation campaigns, bot-driven influence operations, and online manipulation, organizations are increasingly vulnerable to digital threats. Cyabra’s AI-powered platform analyzes millions of online conversations across social media platforms such as X (formerly Twitter), Facebook, and TikTok. It detects inauthentic accounts, AI-generated content, and coordinated disinformation campaigns, mapping how false narratives spread and influence public opinion. By partnering with Aquion, Cyabra is expanding its reach, enabling organizations in Australia and New Zealand via its reseller partners access to the tools they need to safeguard their digital presence.

    “Disinformation isn’t just about social media engagement—it’s a growing threat with real-world consequences, shaping public opinion, impacting businesses, and eroding trust. Organizations need to be proactive, not just reactive, in protecting their digital presence,” said Dan Brahmy, CEO and Co-founder of Cyabra. “Our partnership with Aquion ensures that businesses and governments across Australia and New Zealand have access to the real-time intelligence they need to spot false narratives, uncover manipulation, and stay ahead of digital threats.”

    “We are excited to partner with Cyabra to bring their AI-powered social media intelligence platform to our customers,” said Stephen Balicki, CEO at Aquion. “Disinformation and online manipulation are growing threats to businesses and government agencies alike. With Cyabra’s unique capabilities, we can provide organizations with unparalleled insights to identify and respond to digital threats effectively.”

    Aquion’s extensive network of reseller partners, combined with Cyabra’s AI-powered insights, will enable businesses, government agencies, and media organizations to detect and combat disinformation before it causes irreparable reputational or financial harm. Together, Cyabra and Aquion empower organizations to proactively detect false narratives, counter-influence operations, and protect digital trust in an era where AI-generated content and coordinated manipulation threaten businesses, governments, and public discourse.

    For more information about Cyabra’s AI-driven disinformation detection capabilities and the partnership with Aquion, visit the Cyabra website or Aquion Website.

    Cyabra has entered into a business combination agreement (the “Business Combination Agreement”) with Trailblazer Merger Corporation I (NASDAQ: TBMC) (“Trailblazer”), a blank-check special-purpose acquisition company.

    About Cyabra

    Cyabra Strategy Ltd. (“Cyabra”) is a real-time AI-powered platform that uncovers and analyzes online disinformation and misinformation by uncovering fake profiles, harmful narratives, and GenAI content across social media and digital news channels. Cyabra’s AI protects corporations and governments against brand reputation risks, election manipulation, foreign interference, and other online threats. Cyabra’s platform leverages proprietary algorithms and NLP solutions, gathering and analyzing publicly available data to provide clear, actionable insights and real-time alerts that inform critical decision-making. Cyabra uncovers the good, bad, and fake online.

    For more information, visit www.cyabra.com.

    Media Contact:
    Jill Burkes
    Jill@cyabra.com
    Signal Contact: Jillabra.24

    About Aquion
    Aquion is a leading Australian software distributor, specialising in connecting world-class technology vendors with the largest resellers across Australia and the Asia-Pacific region. With a commitment to delivering value through the channel, Aquion offers a comprehensive portfolio of disruptive technologies with over 5000 existing software agreements, including business transformation, cybersecurity, DevOps, and infrastructure software solutions. Backed by a highly responsive sourcing team and a reputation for outstanding service, Aquion enables partners to drive growth and capitalise on new opportunities. Focused on collaboration, innovation, and customer success, Aquion remains a trusted partner for vendors and resellers alike in APAC.

    https://www.aquion.com.au/

    Investor Relations Contact:
    Miri Segal
    MS-IR
    msegal@ms-ir.com

    About Trailblazer

    Trailblazer Merger Corporation I (Nasdaq: TBMC) is a blank check company formed and entered into a merger, shared exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. For more information, visit: www.trailblazermergercorp.com

    Forward-Looking Statements

    This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to certain products that will be the subject of a proposed transaction between Trailblazer Merger Corporation I (“Trailblazer”) and Cyabra Strategy Ltd. (“Cyabra”). All statements other than statements of historical facts contained in this press release, including statements regarding Cyabra’s business strategy, products, research and development costs, plans and objectives of management for future operations, and future results of current and anticipated product offerings, are forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to, the following risks relating to the proposed transaction: the ability to complete the Business Combination or, if Trailblazer does not consummate such Business Combination, any other initial business combination; expectations regarding Cyabra’s strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and Cyabra’s ability to invest in growth initiatives and pursue acquisition opportunities; the occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination Agreement; the outcome of any legal proceedings that may be instituted against Trailblazer or Cyabra following announcement of the Business Combination Agreement and the transactions contemplated therein; the inability to complete the proposed Business Combination due to, among other things, the failure to obtain Trailblazer stockholder approval; the risk that the announcement and consummation of the proposed Business Combination disrupts Cyabra’s current operations and future plans;  the ability to recognize the anticipated benefits of the proposed Business Combination; unexpected costs related to the proposed Business Combination; the amount of any redemptions by existing holders of Trailblazer’s common stock being greater than expected; limited liquidity and trading of Trailblazer’s securities; geopolitical risk and changes in applicable laws or regulations; the size of the addressable markets for Cyabra’s products and services; the possibility that Trailblazer and/or Cyabra may be adversely affected by other economic, business, and/or competitive factors; the ability to obtain and/or maintain the listing of Combined Company’s Common Stock on Nasdaq following the Business Combination; operational risk; and the risks that the consummation of the proposed Business Combination is substantially delayed or does not occur.

    Important Information for Investors and Stockholders

    Trailblazer will file a registration statement on Form S-4 with the SEC, which will include a proxy statement for Trailblazer’s stockholders and a prospectus related to the securities of the combined company. After the registration statement is declared effective, the proxy statement/prospectus will be sent to all Trailblazer stockholders.

    INVESTORS AND STOCKHOLDERS OF TRAILBLAZER ARE URGED TO READ THE REGISTRATION STATEMENT, PROXY STATEMENT/PROSPECTUS, AND OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC CAREFULLY WHEN THEY BECOME AVAILABLE, AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE TRANSACTION AND THE PARTIES INVOLVED.

    Once filed, free copies of these documents can be obtained from the SEC’s website at  www.sec.gov. Additional information about Trailblazer can be found on its website at  www.trailblazermergercorp.com or by contacting info@trailblazermergercorp.com.

    Participants in the Solicitation

    Cyabra, Trailblazer, and their respective directors and executive officers may be deemed participants in the solicitation of proxies from Trailblazer stockholders regarding the transaction. Information about Trailblazer’s directors and executive officers and their ownership of Trailblazer’s securities is set forth in Trailblazer’s most recent Annual Report on Form 10-K filed with the SEC, as modified or supplemented by any Form 3 or Form 4 filed with the SEC since the date of such filing. Other information regarding the interests of the participants in the proxy solicitation will be included in the proxy statement/prospectus pertaining to the proposed Transactions when it becomes available.

    No Offer or Solicitation

    This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, or a solicitation of any vote or approval. No sale of securities shall occur in any jurisdiction in which such offer, solicitation, or sale would be unlawful before registration or qualification under applicable laws.

    The MIL Network –

    April 10, 2025
  • MIL-OSI Asia-Pac: Nat’l security microfilms premiered

    Source: Hong Kong Information Services

    The Correctional Services Department today held a national security education student forum and premiered two national security education microfilms that it produced.

    The two microfilms, Momentary Glory and Unfailing Love, adapted from real cases, feature stories of teenagers who were incited to commit illegal acts which endanger national security and paid a heavy price. Through the productions, the department hopes to raise public awareness of safeguarding national security, enhance citizens’ ability to think critically and discerningly, and raise their awareness of abiding by the law.

    The microfilms will be uploaded to various official media platforms of the Correctional Services Department and the Education Bureau on April 15 – National Security Education Day.

    Speaking at the ceremony, Acting Secretary for Security Michael Cheuk said that the Correctional Services Department has gone beyond the prison walls to promote community crime prevention education.

    Such education helps nurture young people to love the country and Hong Kong, be law-abiding citizens, and have a positive mindset, he elaborated.

    Mr Cheuk also expressed hope that students, through Momentary Glory, could understand that they should think twice and not commit crimes, in order to avoid lifelong regrets.

    Today’s forum also featured a video clip of the individual on which one of the microfilms was based. In the video, he shared how he repented, as well as his feelings after being misled into committing illegal acts and ultimately being sentenced to imprisonment.

    There was also an interactive session in the forum, allowing students to express their views and think from multiple perspectives.

    Moreover, the department arranged for rehabilitated individuals to talk about the cost for committing crimes, and their rehabilitation experiences, with a view to reminding students to refrain from engaging in illegal activities.

    MIL OSI Asia Pacific News –

    April 10, 2025
  • MIL-OSI: Wevr Unveils Groundbreaking Immersive Experience, Catch the Wave at the Malta Pavilion at World Expo 2025

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, April 09, 2025 (GLOBE NEWSWIRE) — Wevr, a creative development and production studio specializing in interactive and immersive experiences, today revealed its visionary design for the Malta Pavilion Experience at the World Expo 2025 in Osaka, Japan. The immersive installation will welcome global visitors from April 13, 2025 through October 13, 2025, showcasing Malta’s rich heritage and bold aspirations at the prestigious international event held once every four years. Titled “Catch the Wave,” the multi-sensory experience is being created in partnership with Malta Enterprise under the direction of Wevr’s cofounder and CEO Neville Spiteri. 

    “What better way to illustrate Malta’s forward-thinking future than by using immersive technology to surround visitors with the sights and sounds of Malta’s rich history in the Mediterranean, alongside our ambitious vision for tomorrow,” said Malta Enterprise CEO George Gregory. “Wevr’s creative vision and mastery of next-generation technologies made them the natural choice to showcase all that Malta offers in terms of heritage, industry and innovation.”

    With a focus on sustainability and technological advancement, the pavilion seamlessly integrates art, science, technology, culture, and the natural world. Key features include:

    • Dynamic Exterior Canvas: A spectacular 16m × 5m high-resolution LED screen envelops approaching visitors in the breathtaking Mediterranean environment. Digital twins capture the singular beauty of Malta’s iconic structures, from Megalithic temples to the old medieval city of Mdina and the UNESCO world heritage Valletta entrance, weaving a tapestry from past to present, each frame alive with the shifting light of the time of day. Ambient music intertwines with the imagery casting reflections that ripple on the dramatic fountain entrance. 
    • Immersive Time Portal: Inside the pavilion, a 9m x 3m surround screen creates a portal through Maltese history which surrounds visitors in a 180-degree storyscape, unfurling an 8,000-year saga in the Mediterranean Sea cradling the island of Malta. This captivating narrative journey, woven with spatial audio, dramatic lighting, and state of the art 3D and AI technology, traces the island’s metamorphosis from an ancient Mediterranean crossroads to a luminous hub of future innovation.
    • Multi-modal Storytelling: Through collaboration with the Heritage Malta, Wevr utilized state of the art 3D photogrammetry and proprietary Generative AI technology to faithfully bring to life key moments from Malta’s past with unprecedented detail and authenticity. And with the guidance of Malta Enterprise, visualizing an innovative and future extending to renewable energy and the metaverse.  

    “The Malta pavilion experience weaves an immersive journey that envelops visitors in the beauty and essence of Malta,” said Neville Spiteri, CEO of Wevr who directed and produced the experience. “By bringing key historic moments to life and offering glimpses into the future using our R&D in Generative AI and real-time 3D Unreal workflows, we’re demonstrating what tomorrow’s business and entertainment experiences look and feel like.”

    Wevr’s global virtual studio, composed of multiple creative teams across multiple continents, collaborated with Maltese historians, artists and domain experts at the center. The design leverages Wevr’s decade of expertise creating stories and environments with Epic’s Unreal Engine, now enhanced with proprietary Generative AI tools developed specifically for creating spectacular immersive content for forward-thinking clients like the Malta Government. 

    About Wevr

    Wevr is a leading creative immersive studio. We collaborate with artists, brands and IP to co-create immersive experiences and spatial applications. Wevr’s expertise includes Interactive real-time 3D, Spatial/XR, Simulations, Immersive video and Generative AI. Wevr was recognized on Fast Company’s list of “Top 10 Most Innovative companies in AR/VR.” Wevr’s world class leadership team is composed of repeat successful technology entrepreneurs, veteran AAA game developers, and award-winning designers, artists and storytellers. Investors include HTC and Epic Games. 

    Contact:
    Amanda Orr for Wevr
    amanda@wevr.com
    202-459-1304

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4bfb9631-df39-4ca8-a0a0-2ff2816e620d

    The MIL Network –

    April 10, 2025
  • MIL-OSI: Diamond Equity Research Initiates Coverage on Brillia Inc. (NYSEAM: BRIA)

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, April 09, 2025 (GLOBE NEWSWIRE) — Diamond Equity Research, a leading equity research firm with a focus on small capitalization public companies has initiated coverage of Brillia, Inc. (NYSEAM: BRIA). The in-depth 28-page initiation report includes detailed information on Brillia Inc’s business model, services, industry overview, financials, valuation, management profile, and risks.

    The full research report is available below.

    Brillia Initiation Report

     

    Highlights from the report include:

    • Stable, Cash Flow Positive, Asset-Light Business Model with Underappreciated Optionality and Upside from High-Margin Brand Expansion: BrilliA’s established business model, anchored by enduring partnerships with global industry leaders, delivers stable cash flow and reliable revenue streams. Its integrated operations provide room for expansion into higher-margin opportunities through the DIANA brand rollout. Further enhancing operational agility, BrilliA’s asset-light structure, maintained by minimizing physical assets, allows the company to channel resources more effectively into its core competencies. From our vantage point, this robust financial foundation enables BrilliA to respond to market shifts and invest strategically in long-term growth initiatives. Given the current valuation, the market may not yet fully appreciate BrilliA’s ability to leverage its asset-light model and established relationships to pursue profitable brand-driven expansion initiatives, providing meaningful upside potential.
    • Strategic Market Positioning Enabled by Long-Standing Global Partnerships and Industry Expertise: Long-term relationships with over 20 major brands, including (but not limited to) Fruit of the Loom, Hanes Brands, Jockey International, Hennes & Mauritz, Canadelle, and Li & Fung, underscore BrilliA’s competitive advantage. These enduring partnerships not only secure a stable revenue base but also validate the company’s operational capabilities in the intimate apparel market. This strategic positioning strengthens its reputation and provides leverage for negotiating favorable terms in future contracts.
    • Existing Business Supports Strategic Opportunity in the Rapidly Expanding Asian Lingerie Market: The global lingerie market is on a strong growth trajectory, expanding from $90 billion in 2024 to a projected $142 billion by 2030, driven by evolving consumer preferences, digital transformation, and increasing demand for comfort, inclusivity, and sustainability. While North America and Europe remain key markets, the Asia-Pacific dominates, contributing 40% of global lingerie revenues, with Southeast Asia emerging as a high-potential region led by Indonesia. Consumers are increasingly prioritizing comfort, inclusivity, and sustainability, fueling demand for innovative fabrics, diverse sizing, and ethical sourcing. Digital disruption is reshaping the competitive landscape, as traditional players like Victoria’s Secret, Hanesbrands, and Triumph International face mounting pressure from agile, direct-to-consumer brands. BrilliA’s DIANA brand is strategically positioned to tap into Southeast Asia’s growing demand by expanding product offerings, strengthening its digital presence, and integrating sustainability-focused initiatives, aiming to establish itself as a dominant player in the region’s evolving lingerie market. In our view, established businesses leveraging core competencies to enter new segments typically bear lower risk compared to startup enterprises lacking a proven operational track record.
    • Vertically Integrated Supply Chain Model Efficiently Manages Lead Times, Reduces Production Risks, and Maintains Pricing Power, Representing a Significant Competitive Advantage : BrilliA’s end-to-end integration, from design & prototyping to production & quality control, promotes efficient operations and cost-effective manufacturing. This vertical integration supports competitive pricing, timely delivery, and consistent product quality, forming a robust foundation for scaling the business. By streamlining production processes and reducing lead times, the company is well-equipped to respond to market demands swiftly and efficiently. Additionally, BrilliA is finalizing a manufacturing agreement with Magic Link Garment Ltd in Cambodia to expand capacity and leverage trade benefits such as duty-free access to Canada and preferential treatment under the EU’s EBA program. This move is expected to enhance operational efficiency and support an internally projected revenue increase of up to $5 million in 2025, subject to market conditions.
    • Analysis Indicates Meaningful Upside Potential from Geographical, Product, and Digital Expansion Initiatives: With plans to expand into key markets in Southeast Asia and Europe, along with diversifying into adjacent product categories such as sleepwear, activewear, baby wear, and period underwear, BrilliA is well-positioned to target new market segments. This strategy mitigates regional risks while driving long-term growth by broadening the customer base and enhancing cross-selling opportunities and revenue stability. We believe targeted investments in digital marketing can effectively drive online engagement and new customer acquisition, while the ongoing recruitment of design talent positions the company to sustain innovation and competitiveness. Additionally, based on preliminary analysis of reciprocal tariffs introduced by the Trump Administration on April 3, 2025, BrilliA’s production exposure in Indonesia (32% tarrif) could position it more favorably than peers with higher exposure to Vietnam (46%), Thailand (36%), or Cambodia (49%), potentially enabling the company to better manage cost volatility and trade disruptions. Collectively, our analysis suggests that BrilliA has multiple avenues available to expand beyond its existing business segments while being relatively insulated from near-term geopolitical trade risks.
    • Valuation: BrilliA, Inc. is strategically positioned for growth, leveraging its established B2B operations to support the expansion of the high-margin D2C DIANA brand in the luxury intimate apparel market. With strong industry partnerships and a focus on quality, innovation, and digital transformation, BrilliA aims to capture significant opportunities in the multi-billion-dollar global lingerie market. Its dual business model balances the profitability and stability of its B2B segment with the high-growth potential of its D2C brand. We believe the market currently undervalues the embedded optionality associated with the successful expansion into the premium D2C segment, presenting additional upside potential. Using a valuation methodology weighted 80% toward a DCF analysis (WACC at 12.25%, terminal growth rate at 1.5%) and 20% toward a sum-of-the-parts approach, we model the company’s value at approximately $183.81 million, or $6.00 per share. Achieving this valuation hinges on successfully scaling DIANA, while preserving robust cash flows from its B2B operations and overall successful execution.

    About Brillia, Inc.  

    Brillia Inc., established in 2023, specializes in the design, production, and distribution of women’s intimate apparel across global markets, including North America, the European Union, the Asia-Pacific, Latin America, and the Middle East. Its product range encompasses bras, panties, bodysuits, swimwear, dresses, and related apparel. 

    About Diamond Equity Research

    Diamond Equity Research is a leading equity research and corporate access firm focused on small capitalization companies. Diamond Equity Research is an approved sell-side provider on major institutional investor platforms.

    For more information, visit https://www.diamondequityresearch.com.

    Disclosures:

    Diamond Equity Research LLC is being compensated by BrilliA, Inc. for producing research materials regarding BrilliA, Inc. and its securities, which is meant to subsidize the high cost of creating the report and monitoring the security, however the views in the report reflect that of Diamond Equity Research. All payments are received upfront and are billed for research engagement. As of 04/09/25 the issuer had paid us $30,000 for our company sponsored research services, which commenced 12/30/2024 and is billed annually. Diamond Equity Research LLC may be compensated for non-research related services, including presenting at Diamond Equity Research investment conferences, press releases and other additional services. The non-research related service cost is dependent on the company, but usually do not exceed $5,000. The issuer has not paid us for non-research related services as of 04/09/2025. Issuers are not required to engage us for these additional services. Additional fees may have accrued since then. Although Diamond Equity Research company sponsored reports are based on publicly available information and although no investment recommendations are made within our company sponsored research reports, given the small capitalization nature of the companies we cover we have adopted an internal trading procedure around the public companies by whom we are engaged, with investors able to find such policy on our website public disclosures page. This report and press release do not consider individual circumstances and does not take into consideration individual investor preferences. Statements within this report may constitute forward-looking statements, these statements involve many risk factors and general uncertainties around the business, industry, and macroeconomic environment. Investors need to be aware of the high degree of risk in small capitalization equities including the complete loss of their investment.This report does not explicitly or implicitly affirm that the information contained within this document is accurate and/or comprehensive, and as such should not be relied on in such a capacity. All information contained within this report is subject to change without any formal or other notice provided.  Investors can find various risk factors in the initiation report and in the respective financial filings for Brillia, Inc. Please review initiation report attached for full disclosure page.   

    Contact:
    Diamond Equity Research
    research@diamondequityresearch.com

    Attachment

    • Brillia Initiation Report

    The MIL Network –

    April 10, 2025
  • MIL-OSI China: MOFA response to statement by UK Foreign, Commonwealth and Development Office concerning China’s military exercises around Taiwan

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    MOFA response to statement by UK Foreign, Commonwealth and Development Office concerning China’s military exercises around Taiwan

    • Date:2025-04-03
    • Data Source:Department of European Affairs

    April 3, 2025

    The United Kingdom Foreign, Commonwealth and Development Office released a statement on April 2 indicating its concern over China’s military exercises around Taiwan, underscoring that they increased tensions and risked dangerous escalation in the Taiwan Strait. The statement reaffirmed the United Kingdom’s clear interest in peace and stability in the Taiwan Strait, adding that this was critical to global prosperity. It went on to declare that the United Kingdom supported a free and open Indo-Pacific, that the Taiwan issue should be settled by people on both sides of the Taiwan Strait through constructive dialogue and without the threat or use of force or coercion, and that military drills or threats to Taiwan were not conducive to such dialogue. The statement further pointed out that the United Kingdom did not support any attempt at unilaterally changing the status quo, calling for restraint and the avoidance of actions that undermine peace and stability.

    The UK statement follows those made by the United States, the European Union, and Japan, and is another expression of concern by a major country over China’s military exercises around Taiwan. Minister of Foreign Affairs Lin Chia-lung welcomes the statement and thanks the UK government for continuing to pay close attention to the situation across the Taiwan Strait and for stating clearly that peace and stability across the Taiwan Strait are of global importance. 

    MOFA stresses that Taiwan, as a responsible member of the international community, will continue to work with like-minded partners to jointly safeguard the rules-based international order. Taiwan hopes that the world’s democracies will unite in calling on China to return to reason and restraint and to stop threatening Taiwan and unilaterally increasing regional tensions.

    MIL OSI China News –

    April 10, 2025
  • MIL-OSI China: MOFA response to statements by Australia, New Zealand foreign ministries concerning China’s military exercises around Taiwan

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    MOFA response to statements by Australia, New Zealand foreign ministries concerning China’s military exercises around Taiwan

    • Date:2025-04-03
    • Data Source:Department of East Asian and Pacific Affairs

    April 3, 2025

    The Australian Department of Foreign Affairs and Trade released a statement on April 3 indicating its deep concern over China’s military exercises around Taiwan. On the same day, the New Zealand Ministry of Foreign Affairs and Trade also expressed its concern on X. 

    In its statement, Australia said that it strongly opposed actions that increased the risk of miscalculation and escalation. It reaffirmed that such military exercises were disproportionate and destabilizing, adding that it had raised its concerns with China. Meanwhile, New Zealand called on China to exercise restraint and avoid actions that undermine peace and stability. Both countries expressed their opposition to attempts to unilaterally change the status quo and called for the two sides of the Taiwan Strait to resolve their differences through dialogue, not through the threat or use of force or coercion.

    Minister of Foreign Affairs Lin Chia-lung welcomes these statements and thanks Australia, New Zealand, and all peace-loving countries for continuing to pay close attention to the security situation across the Taiwan Strait. He reiterates that cross-strait peace and stability are in line with the world’s interests and are of extraordinary importance to the international community.

    MOFA stresses that Taiwan, as a responsible member of the international community, will continue to work with like-minded countries to jointly uphold the rules-based international order and safeguard peace, stability, and prosperity across the Taiwan Strait and in the Indo-Pacific region.

     

    MIL OSI China News –

    April 10, 2025
  • MIL-OSI Europe: ASIA – Religious deception in human trafficking: Victims passed off as “pilgrims” and “missionaries”

    Source: Agenzia Fides – MIL OSI

    Wednesday, 9 April 2025

    Bangkok (Agenzia Fides) – There is a new, insidious stratagem used by human traffickers in organizing trafficking, preparing, and involving victims, in order to evade airport controls: passing themselves off as missionaries, especially Christians, traveling for religious reasons, or using the definition of “pilgrims” traveling for reasons of faith. This is a phenomenon that the Philippine and Thai police have revealed after investigations and wiretaps, which documented various episodes in which the “religious cover” had been uncovered.The Philippine police reported that three women (aged 23, 25, and 50) were attempting to board a flight to Singapore, with a stopover in Thailand, identifying themselves as “missionaries,” “volunteers belonging to the Catholic Church, for missionary work in Thailand.” Due to certain inconsistencies in their documents, and after further investigations and questioning, the truth was revealed: the older woman, who claimed to be a “preacher,” was one of the organizers of an illegal trafficking of women to Thailand. Seduced by “a teaching job,” the two young women allegedly fell into a criminal network and ended up fueling prostitution. The police explained the system whereby a regular traveler, acting as a smuggler, accompanies groups of passengers under false pretenses, who become victims of trafficking. Coordinated police action across the borders of Southeast Asian countries (the Philippines, Indonesia, Malaysia, Thailand, and Cambodia) led to the arrest of smugglers involved in trafficking networks.In its end-of-2024 report, the Philippine Bureau of Immigration reported 998 victims of human trafficking during the year and identified several activities and schemes such as fake pilgrimages, arranged marriages, and surrogacy. Often, victims, lured, particularly through social media, end up employed in slave labor in the so-called “scam cities” in Thailand, Cambodia, and Myanmar.The Catholic Foundation PREDA (People’s Recovery, Empowerment, and Development Assistance), founded in the Philippines by Father Shay Cullen, an Irish Catholic missionary and member of the Missionary Society of St. Columbanus, has denounced the fact that many young Filipino women were lured by fake, well-paid job offers and transported to Burma, where they faced threats and abuse and were forced to work in slave-like conditions. In the Philippines, the Philippine Interfaith Movement Against Human Trafficking (PIMAHT)—which brings together representatives of the major Christian, Muslim, and Buddhist communities—praised the efforts of the police and government and reaffirmed their commitment to combating child trafficking and sexual exploitation. Father Bryand Restituto, Assistant to the Secretary General of the Catholic Bishops’ Conference of the Philippines, strongly condemned individuals and trafficking networks that exploit vulnerable populations and use language, clothing, and presumed religious practices to commit criminal acts.In Thailand, among the nuns committed to the fight against trafficking, Sister Marie Agnes Buasap of the Hospitaller Sisters of Saint Paul of Chartres, as coordinator of the Talitha Kum Thailand network, promotes awareness among young people, families, teachers, and educators. Talitha Kum is also involved in the reception and reintegration of victims. Catholic communities in Southeast Asian nations, where the phenomenon of human trafficking is particularly widespread and deep-rooted, renewed their commitment on the Day of Prayer and Commitment against Human Trafficking, which the Church celebrates on February 8, the feast of Saint Josephine Bakhita. Catholic associations are promoting innovative strategies, especially in schools, by integrating anti-trafficking education into the curriculum. (PA) (Agenzia Fides, 9/4/2025)
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    MIL OSI Europe News –

    April 10, 2025
  • MIL-OSI Europe: VATICAN – Subsidies and support to achieve financial autonomy: How the Dicastery for Evangelization supports local Churches

    Source: Agenzia Fides – MIL OSI

    Wednesday, 9 April 2025

    Vatican City (Agenzia Fides) – How much funding does the Dicastery for Evangelization (Section for First Evangelization and the New Particular Churches) allocate to help the dioceses in the territories under its jurisdiction achieve financial autonomy? This question was discussed yesterday in the Aula Magna of the Pontifical Urbaniana University, which provided the setting for the IV Study Day dedicated to the chair named after Cardinal Velasio De Paolis, the Scalabrinian Cardinal, an authoritative canonist, who died in 2017.Speakers included Professor Vincenzo Buonomo, Grand Rector of the Pontifical Urbaniana University, Professor Andrea D’Auria, Dean of the Faculty of Canon Law, and Professor Yawovi Jean Attila.Archbishop Fortunatus Nwachukwu, Secretary of the Dicastery and Vice Grand Chancellor of the Pontifical Urbaniana University, presided over and moderated the day. Father Tadeusz J. Nowak, OMI, Secretary General of the Pontifical Society for the Propagation of the Faith, along with Sister Roberta Tremarelli (AMSS), who works in the administration of the Pontifical Mission Societies, illustrated what it means to accompany local Churches on their path to financial independence.In his address, Father Nowak recalled that to date, more than 3,000 particular Churches in communion with the Successor of Peter fall under the jurisdiction of the Dicastery for Evangelization. This represents more than a third of all particular Churches in the world, he emphasized. Specifically, the list includes “dioceses, both of the Latin and Eastern Rites, apostolic vicariates, apostolic prefectures, apostolic administrations, missions sui iuris, territorial prelatures, and territorial abbeys.”While “in the past, a particular Church began with a mission in an area where the Gospel had only recently been proclaimed and the Church was not yet truly established,” which was then “elevated to the rank of apostolic vicariates and later to the rank of dioceses,” today “most new Churches arise from the division of existing dioceses in areas where the Church was already present.” However, they remain “under the care of the Dicastery for Evangelization until they achieve full financial autonomy.” Once this is achieved, “they may request to be transferred from the jurisdiction of the Dicastery for Evangelization to that of the Dicastery for Bishops.”A transition that can take up to several hundred years, added Father Nowak, recalling that “the Dicastery for Evangelization accompanies the churches under its authority on their path to financial autonomy, primarily through the Pontifical Mission Societies (the Pontifical Society for the Propagation of the Faith, the Pontifical Society of St. Peter the Apostle, the Pontifical Society of Holy Childhood, and the Pontifical Missionary Union).The task of these four Societies, according to the Secretary General of the Pontifical Society for the Propagation of the Faith, is to place themselves at the service of the Pope and his “care for missionaries.” Above all, however, the Pontifical Society for the Propagation of the Faith specifically accompanies young Churches by providing financial subsidies for the creation and strengthening of their ecclesial infrastructure.Last year alone, the Pontifical Society for the Propagation of the Faith “disbursed more than $23 million in ordinary subsidies,” which bishops can use “for any purpose related to the pastoral life and evangelization of the local Church.” “Normally,” Father Nowak explained, “this grant is used for the health care of the clergy or for the office expenses of the diocesan Curia. Without such subsidies, the dioceses would suffer great difficulties that would slow down or even hinder the work of evangelization.” In this context, for example, the Society for the Propagation of the Faith also provided “almost $9 million” in subsidies “for the support of catechists in the particular Churches.” This money was used “to provide resources for the support and training of catechists.” Because, as Father Nowak emphasized, “catechists are indispensable because the number of ordained priests in many territories is insufficient to ensure adequate pastoral care for all the baptized.” In addition to ordinary subsidies, there are also extraordinary subsidies for which the Pontifical Mission Societies receive “thousands of requests every year.” In most cases, these are requests for financing the construction of chapels and churches, monasteries, schools, clinics, pastoral centers or homes for retired clergy, as well as for the purchase of transportation for missionaries, etc. For these types of projects, “the Society for the Propagation of the Faith allocated more than 16 million dollars in 2024.” “The Dicastery has provided extraordinary subsidies, responding to requests from bishops in Africa, Asia, Oceania, and the Americas,” said Father Nowak, who pointed out that the Society “also provides more than nine million dollars a year for the administration of five colleges in Rome, which serve the ongoing formation of clergy and religious of the particular Churches under the care of the Dicastery. Hundreds of priests and religious from these Churches can thus come to Rome to pursue advanced academic studies and then return to their local Church to provide valuable services to the pastoral life of the particular Church.”Not only that: “Every year, the Dicastery for the Oriental Churches receives significant financial support from the Pontifical Society for the Propagation of the Faith to accompany the Churches of the Oriental Rite on their path to financial autonomy.” The Dicastery, the Secretary General continued, “also provides the episcopal vestments for priests appointed bishops in the particular Churches administered by the Dicastery (including two episcopal cassocks, a miter, the episcopal ring, the bishop’s cross, and crosier). In this way, the new bishop is fully equipped to begin his episcopal ministry.”It must be clarified, as Sister Roberta Tremarelli also emphasized, that “the Dicastery for Evangelization does not finance projects through the Pontifical Mission Societies.” According to the statutes of the Pontifical Mission Societies, they “participate in projects initiated by the local community and for which it assumes responsibility. The bishop must present a solid financial plan for the implementation of the project and commit the community to its completion and ongoing maintenance.” In this sense, it is being examined “whether a room created for children’s catechism can also be used for other purposes,” which could also lead to “continuous funding for the structure itself over time,” Sister Roberta Tremarelli emphasized, concluding: “The subsidy is an aid; the Pontifical Mission Societies must not replace the local Church. Our aid must be based on the principle of autonomy.”In this way, the particular Churches are encouraged to manage their finances responsibly and transparently, while remaining independent of external funding: “We are rich in young Churches, but we must not remain immature Churches. The growth and independence of the local Churches is our goal,” Archbishop Nwachukwu said in his concluding remarks. (F.B.) (Agenzia Fides, 9/4/2025)
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    MIL OSI Europe News –

    April 10, 2025
  • MIL-Evening Report: Politics with Michelle Grattan: Hugh White on what the next PM should tell Trump and defending Australia – without the US

    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

    The Trump ascendancy has forced international economic issues and the future strategic outlook onto the Australian election agenda, even if they are at the margins.

    This campaign – while dominated by domestic issues, notably the cost of living – is being conducted against the background of an extraordinarily volatile external situation, with major implications for Australia’s future.

    To discuss these issues, we were joined on the podcast by Hugh White, Emeritus Professor of Strategic Studies at the Australian National University. White is one of Australia’s foremost thinkers on defence policy, China and the region. His long career includes serving as an adviser to then federal defence minister Kim Beazley.

    White regards US President Donald Trump as a “revolutionary figure”:

    I think Trump is a genuinely revolutionary character, and not just his impact on American domestic politics and economics, I also think he has a huge impact on global strategic affairs. And the reason for that is that he does have a fundamentally different view of America’s place in the world than that of what we might call a Washington establishment.

    Donald Trump is really a kind of an old-fashioned isolationist. That is, he believes America’s strategic focus should be on the Western Hemisphere […] For example, in Ukraine he’s happy to see Russia assert itself as a great power in Eastern Europe. In Asia, I think, despite his reputation as a China hawk on economic issues, he doesn’t have any problem with China asserting itself as a great power in East Asia. He’s for these other great powers to dominate their backyards, just the way he wants America to dominate its backyard in the Western Hemisphere.

    Yet White doesn’t believe either Labor or the Coalition is taking defence seriously in this election.

    It’s not being treated as a real issue in the campaign, and that’s because both sides have determined that it won’t, and what underpins that is the absolutely rock-solid bipartisanship between the two of them on every significant issue. And I think that’s a very serious problem for Australia because at a time when our strategic circumstances are changing dramatically […] neither side has any inclination to have a serious conversation about what that means, why it’s happening, what we should be doing about it,

    A lot of the blame for that lies with the Labor Party, because it seems to me Labor’s political approach to the whole question of foreign affairs and defence for a very long time now has focused on minimising differences with the Coalition.

    While White agrees Australia needs new submarines, and quickly, he doesn’t think they should be nuclear-powered, as promised under AUKUS. He thinks we should leave AUKUS.

    We should have started building replacements for the [Collins-class submarine] around about 2010 or 2012. So we’re well over a decade late and I do think there’s a real risk that we’re going to lose our submarine capability altogether. But the way to solve that is not to push ahead spending billions and billions of dollars on a project which, even if it works, delivers the submarines we don’t need, and which is very unlikely to deliver any submarines at all.

    We’re past looking for a perfect submarine. We just need to get any submarine at all so we can keep some capability running and then once we have that running, we need to have a really focused programme. We need ministers to really tell Defence what to do, focus programmes to develop a follow on to the Collins-class design, because that’s the design we already know best in the world and to start building a new class of evolved Collins.

    After the May 3 election, when the next prime minister meets the US president to talk trade, defence and more, what should Anthony Albanese or Peter Dutton tell Trump? White says:

    Trump is very hard to handle. I don’t think there’s any magic formula that an Australian prime minister can utter, which makes Trump into either a more acceptable, economic partner for Australia or a more reliable strategic partner for Australia, because the forces that are driving America out of Asia are much bigger than Donald Trump.

    The most important thing an Australian political leader could say to Trump when he first meets him is, look, we understand where you’re coming from. We are happy to take responsibility for our own security. We don’t expect you to stay engaged in Asia to look after us in future. What we want you to do is to help us manage that transition as best we can and we’re prepared to pay for what we get.

    Michelle Grattan 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. Politics with Michelle Grattan: Hugh White on what the next PM should tell Trump and defending Australia – without the US – https://theconversation.com/politics-with-michelle-grattan-hugh-white-on-what-the-next-pm-should-tell-trump-and-defending-australia-without-the-us-254197

    MIL OSI Analysis – EveningReport.nz –

    April 10, 2025
  • MIL-OSI Banking: ASEAN and New Zealand commit to strengthening strategic partnership and cooperation

    Source: ASEAN

    Da Nang, Viet Nam, 9 April 2025 – ASEAN and New Zealand reaffirmed their strong and enduring partnership during the 32nd ASEAN-New Zealand Dialogue held in Da Nang, Viet Nam, today. The Dialogue provided an opportunity for both sides to review cooperation and discuss its future direction, particularly in light of the 50th anniversary of ASEAN-New Zealand Dialogue Relations this year.

    The discussion was focused on key areas of ASEAN-New Zealand cooperation, with a view to strengthening peace, stability, prosperity, and sustainable development.On peace and stability, both sides agreed to continue enhancing cooperation in areas such as countering terrorism, transnational crime, maritime cooperation, and cyber security.

    Both sides emphasised the importance of strengthening trade and investment and regional economic integration, including through the full implementation of the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) and the Regional Comprehensive Economic Partnership Agreement (RCEP).

    The Meeting underscored the growing importance of enhancing people-to-people ties and  the need to further amplify cooperation in education, human capital development, and Technical and Vocaltional Education and Training (TVET).

    In line with the theme  of Malaysia’s ASEAN Chairmanship Year of “Sustainability and Inclusivity”, both sides discussed fostering closer collaboration on climate change, environmental protection, disaster management, and narrowing the development gap, with New Zealand reaffirming its support for ASEAN’s green agenda and sustainable development initiatives.

    In conjunction with the 50th anniversary of dialogue relations, the Meeting noted the ongoing discussion on the proposal for an ASEAN-New Zealand Comprehensive Strategic Partnership and the development of a new ASEAN-New Zealand Plan of Action (2026-2030) to guide future cooperation. The Meeting further noted upcoming ASEAN-New Zealand engagements, including preparations for an ASEAN-New Zealand Commemorative Summit to be held back-to-back with the 47th ASEAN Summit and Related Summit in Malaysia in November 2025.

    ASEAN and New Zealand also exchanged views on regional and international issues of common interest and concern. Both sides reaffirmed their commitment to upholding multilateralism and strengtening the ASEAN-led regional architecture, including through the implementation of  the ASEAN Outlook on the Indo-Pacific (AOIP).

    The 32nd ASEAN-New Zealand Dialogue was co-chaired by H.E. Do Hung Viet, Deputy Minister of Foreign Affairs of Viet Nam and ASEAN SOM Leader of Viet Nam, and H.E. Grahame Morton, Deputy Secretary for Asia and Americas Group and New Zealand’s SOM Leader for ASEAN, and attended by Senior Officials of ASEAN Member States and the Deputy Secretary-General of ASEAN for ASEAN Political-Security Community. Timor-Leste attended as Observer.

    ***

    Images Credit: Ministry of Foreign Affairs Viet Nam
    The post ASEAN and New Zealand commit to strengthening strategic partnership and cooperation appeared first on ASEAN Main Portal.

    MIL OSI Global Banks –

    April 10, 2025
  • MIL-OSI United Kingdom: Health and Social Care Secretary’s UNISON speech

    Source: United Kingdom – Government Statements

    Speech

    Health and Social Care Secretary’s UNISON speech

    Health and Social Care Secretary Wes Streeting’s speech at UNISON’s annual health conference in Liverpool today.

    Good morning conference.

    Let’s start on a point of agreement.

    The killing of 15 health and rescue workers in Gaza was an appalling and intolerable tragedy.

    Healthcare workers in any context, in any part of the world, should never be a target.

    The international community, or indeed any actors in any conflict, all have a responsibility to protect health and humanitarian aid workers and also to protect innocent civilians.

    And it’s clear that in Gaza, as well as in other conflict zones around the world at the moment the international community is failing and failing badly.

    So I want to say, as a Unison member, I strongly support the sentiments expressed by our Healthcare Executive.

    But on behalf of our government, we want to see a return to an immediate ceasefire.

    We want to see aid in, people out of harm’s way, an end to this bloody conflict and a state of Palestine alongside a state of Israel, and the just and lasting peace that Israelis and Palestinians deserve.

    I also have to say, having been to the West Bank with Medical Aid for Palestinians and seen first hand the work that they do supporting the health needs of Palestinians across the occupied Palestinian territories, they do brilliant work.

    And I would fully endorse the sentiment of the motion in supporting them, and each of us putting our hands in our pockets to do that.

    But today, I’m here as the first health and social care secretary to address a Unison conference since my […] predecessor, Andy Burnham, did 15 years ago, and I am proud to do so as a Unison member.

    [Political content has been removed]

    Now we’re delivering the change people voted for.

    It’s not all plain sailing and I expect you’ll want to question, even challenge some of the government’s decisions.

    So there’ll be plenty of time for questions.

    And I promise to give you honest answers.

    [Political content has been removed]

    You might not like some of the answers.

    I might not like some of the questions, but the important thing is that we show up and we have that conversation.

    For all the challenges we’re confronting, and there are plenty nothing I’ve experienced in the last nine months as our country’s Health and Social Care Secretary has shaken my confidence and conviction that this will be a government that not only gets our NHS back on its feet, but makes sure it’s fit for the future, and shows the bold leadership required to make sure that we also build a National Care Service worthy of the name.

    Of course, it’s hard.

    [Political content has been removed]

    Six months ago, back here in Liverpool, I spent two hours with one of the most remarkable group of people I’ve ever had the honour of meeting in my life.

    In that room were centuries of training and experience between them of working in the health service.

    But all of that training, all of that experience couldn’t have prepared those people with what they were confronted with in Southport on Monday the 29th of July, as they rushed into that community centre to find children and adults lying on the floor bleeding, some tragically dying.

    The aftermath of an unimaginable, senseless, mindless attack.

    Those people were confronted immediately with the consequences.

    For the staff I met, the trauma still runs deep.

    But on the day itself, the whole NHS team kicked into action.

    From the paramedics who arrived first on the scene and had to make split-second decisions of who to treat first in what order, to give them the best chance of survival.

    The porters rushing children through busy hospital corridors, and the security guards trying to shield other patients and visitors from seeing the horror that the staff were confronting.

    The lab teams who are mobilising blood supplies.

    Receptionists fielding calls from panic-stricken parents.

    The surgical teams fighting to save those young girls lives.

    I’m filled with admiration for their care, their expertise and their values.

    As I think about what happened in the aftermath of those brutal attacks, that admiration turns to anger.

    [Political content has been removed]

    Filipino nurses came under attack from racist thugs on their way into work wearing their NHS uniforms.

    GP surgeries closed early out of fear of rioters.

    A Nigerian care worker saw his car torched.

    These people came to our country to care for our sick and vulnerable.

    They bust a gut day in, day out to keep us well.

    If those thugs represented the worst of our country, our health and care workers represent the best.

    This government will never walk by on the other side when it comes to standing up against racist hate, intimidation or violence.

    Because no one should go to work fearing violence, least of all those all of us rely on for our health care.

    What happened after Southport was an extreme, but it wasn’t a one off.

    One in every seven people employed by the NHS have suffered violence at the hands of patients, their relatives or other members of the public.

    This should shame us all.

    So today I can announce we will act to keep NHS staff safe at work.

    Incidents will have to be recorded at a national level.

    Data will be analysed so that those most at risk can be protected.

    Trust boards will be made to report on progress they’re making to keep staff safe.

    Protecting staff from violence is not an optional extra.

    We are making it mandatory.

    Zero tolerance for violence and harassment of NHS staff, campaigned for by Unison.

    [Political content has been removed]

    We invest huge sums of money into training the NHS workforce.

    Then they’re treated like crap.

    Forced to leave the health service and often leave the country.

    British taxpayers are investing billions in doctors, nurses, paramedics and healthcare assistants only for them to turn up treating patients in Canada or Australia.

    We’ve got to retain the talent we have in the health service and treat our staff with the respect they deserve.

    That means more training and opportunities for nurses who want to progress in their career, and making flexible working easier too.

    It also means paying you for the job you actually do.

    There have been too many disputes because NHS staff have not been paid according to their job description, rather than their job.

    So we’re bringing in a new digital system to make sure the job evaluation scheme is applied fairly across the board.

    [Political content has been removed]

    A fair day’s work for a fair day’s pay.

    Campaigned for by Unison.

    [Political content has been removed]

    I owe my life to the NHS.

    Who cared for me when I went through kidney cancer.

    It’s a debt of gratitude I will never be able to repay.

    But I will certainly try.

    You were there for me and I’ll be there for you.

    As the chair said, the scale of the challenge in our NHS is huge.

    [Political content has been removed]

    So our job is twofold.

    First, to get the service back on its feet and treating patients on time again.

    And second, to reform the service for the long term so that it’s fit for the future.

    And I say it’s our job deliberately, because this can’t be done with one man sat behind a desk in Whitehall.

    We will only succeed if this is a team effort, from the Prime Minister to the 1.5 million people who work in the National Health Service.

    When I visited Singapore General Hospital in opposition, they told me about a programme they run.

    It’s called get rid of stupid stuff.

    Does what it says on the tin.

    I thought the NHS could probably do with that.

    Some of you might think I could do with that.

    It’s a common sense idea.

    People working in the health service might have ideas about how to fix it.

    So over the past few months, just as we did when we were in opposition, we’ve been asking NHS staff about the stupid stuff that’s holding them back.

    More than a million people have engaged in what’s been the biggest national conversation since the NHS was founded.

    NHS staff have attended more than 3,000 meetings across the country and online, and if you’ve not made your voice heard yet, you’ve got until 5pm on Monday to go to Change.NHS.uk

    The plan, published later this spring, will take the best ideas from across the NHS, staff and workforce and patients and set out how we’ll deliver the change the NHS needs.

    Shifting the focus of healthcare out of hospital and into the community, with more investment in primary and community care.

    Bringing our analogue health service into the digital age, arming staff with modern equipment and cutting edge technology.

    Turning our sickness service into a preventative health service to help people live well for longer and tackle the biggest killers.

    The crisis in the NHS is not the fault of staff, but we can’t fix it without you.

    I know how hard it is to battle against a broken system, to give patients the best care you can, only to go home at the end of the day, knowing your best wasn’t good enough.

    But there is light at the end of the tunnel.

    The cavalry is coming.

    My message to everyone working in the NHS is this.

    Stay and help us to rescue and rebuild it.

    The NHS was broken, but it’s not beaten.

    And together we can turn it around.

    Change takes time, but it has already begun.

    In nine months, this […] government has awarded NHS staff an above inflation pay rise, ended the resident doctors strikes, invested an extra £26 billion in health and care, the biggest investment in hospices for a generation.

    We’ve agreed the GP contract for the first time since the pandemic, with £889 million more in funding, the biggest uplift in a decade.

    We’ve reversed the decade of cuts to community pharmacy.

    We’ve delivered the extra 2 million more appointments we promised at the election than we did it seven months early.

    NHS waiting lists have been cut for five months in a row and counting.

    80,000 suspected cancer patients were diagnosed early, so lots done, but so much more to do.

    We know there’s a long way to go.

    There’ll be bumps along the way.

    It won’t be plain sailing and we’ll make some mistakes.

    But we are finally putting the NHS on the road to recovery.

    On social care, we’ve been accused of not doing enough.

    I totally understand the cynicism after years of inaction.

    [Political content has been removed]

    Our first step on the road to building a National Care Service, and I can announce today, will go further for our care professionals.

    We are introducing the first universal career structure for adult social care, setting out four new job roles to give care workers the opportunities to progress in their career.

    With millions of pounds of new investment in their skills and training.

    Keir said his ambition for his sister, who is a care worker, is to command the same respect as her brother, the Prime Minister.

    Her work is so important to the future of our country.

    [Political content has been removed]

    But be in no doubt about the weight on our shoulders.

    I’m certainly not.

    Not only the responsibility to millions of people who are being failed by the NHS and social care services, but also to prove to a sceptical public that the NHS can change and deliver the timely, quality care people expect in 2025.

    On the 75th anniversary of the NHS, an opinion poll showed that the health service makes the majority of the British people proud of our country, greater than the pride we feel for any other aspect of our history or culture.

    But the same poll revealed that 7 in 10 believe that the NHS founding principle of healthcare, free at the point of need, won’t survive the next ten years.

    The failure of public services to meet the needs of the people is one of the fertilisers of populism we see across liberal democracies.

    [Political content has been removed]

    We will always defend the NHS as a public service, free at the point of use, so that when you fall ill, you never have to worry about the bill.

    [Political content has been removed]

    That’s why I say it’s change or die.

    The stakes are high.

    The challenge is enormous, but the prize is huge.

    A service that values all of its workforce as an asset to be nurtured, not a cost to be minimised.

    Where staff are proud to work because their patients receive the best possible care.

    An NHS there for us when we need it.

    Once again, it won’t be easy.

    It will take time.

    But if we get this right, we will be able to look back on this time and say that we were the generation that took the NHS from the worst crisis in its history, got it back on its feet and made it fit for the future, and built a National Care Service worthy of the name.

    Change has begun, but the best is still to come.

    Thank you.

    Updates to this page

    Published 9 April 2025

    MIL OSI United Kingdom –

    April 10, 2025
  • MIL-OSI: Bitdeer Announces March 2025 Production and Operations Update

    Source: GlobeNewswire (MIL-OSI)

    — Completed mass production of SEALMINER A1s and 2.8 EH/s energized
    — Regulatory approval for Tydal, Norway site finalized
    — Retained Northland Capital Markets (“Northland”) to act as financial advisor for its HPC/AI data center development strategy

    SINGAPORE, April 09, 2025 (GLOBE NEWSWIRE) — Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited mining and operations updates for March 2025.

    Operational Update

    • Self-mined Bitcoin: 114 Bitcoins.
    • Mining Rig Manufacturing and R&D:
      • SEALMINER A1:
        • Completed mass production of approximately 3.8 EH/s of mining rigs.
        • 2.8 EH/s are energized, 0.6 EH/s have been delivered for installation, 0.3 EH/s are in-transit to the Company’s datacenters, with remaining to be delivered in April.
      • SEALMINER A2:
        • Wafer capacity disclosures will be paused temporarily. This decision was the result of a comprehensive consideration for maximizing the Company’s shareholders’ value. These disclosures were previously provided to assist potential mining rig buyers in making informed decisions. However, due to the current market uncertainty and the significant slowdown in mining rig demand, disclosure of total capacity is not currently useful. The Company’s self-mining hashrate forecast increased slightly this month and Bitdeer remains confident that the previously predicted hashrate targets in the second half of 2025 are achievable, on schedule, and can potentially exceed the Company’s expectations.
        • 0.8 EH/s of mining rigs have been shipped to customers and the Company’s own datacenters for self-mining, 0.4 EH/s have been manufactured and are ready for shipment and 1 EH/s are being assembled.
        • Sales of SEALMINER A2 are ongoing, ~0.3 EH/s of miners have been shipped to customers in March.
        • Launched SEALMINER A2 Pro series on March 17, 2025, featuring air-cooling (SEALMINER A2 Pro Air) and hydro-cooling (SEALMINER A2 Pro Hyd) models with a power efficiency ratio of 14.9 J/TH. The SEALMINER A2 Pro Air delivers up to 270 TH/s, while the SEALMINER A2 Pro Hyd reaches 530 TH/s, both with advanced efficiency, stability, and noise reduction. SEALMINER A2 Pro will be another commercialized product that is currently open for external sales.
      • SEALMINER A3:
        • SEAL03 sample wafers achieved an energy efficiency of 9.7 J/TH at the chip level during chip verification and prototype testing while running at low voltage, ultra power-saving mode. More risk wafers will be delivered in April for further testing and mass production ready R&D.
      • SEALMINER A4:
        • SEAL04 R&D remains on track to achieve an expected chip efficiency of approximately 5 J/TH with anticipated initial tape-out in Q4 2025.
    • HPC/AI:
      • Bitdeer has now formalized an engagement with Northland Capital Markets (“Northland”) to act as financial advisor for its HPC/AI data center development strategy.  Northland will assist Bitdeer with existing negotiations with potential development partners and provide guidance regarding capital providers.
      • Discussions are ongoing with multiple development partners and potential end users for selected large scale sites in U.S. for HPC/AI clouding business.
      • GB200 NVL72 reservations open – deployment is on schedule for 2025.
    • Hosting:
      • Client-hosted mining rigs increased by 3,000 units or 0.6 EH/s in March 2025, due to existing customers increasing hosted mining rigs.
    • Infrastructure:
      • Tydal, Norway: Regulatory approval has been obtained, with 70 MW set for energization and commissioning in early April and the remaining 105 MW scheduled for completion by mid-2025.
      • Rockdale, Texas, USA: 1.4 EH/s of SEALMINER A1 hydro mining rigs have been energized into 100 MW hydro-cooling conversion.
      • Clarington Phase 2, Ohio, USA: 304 MW land lease agreement signed and negotiating with regional utility.
      • Jigmeling, Bhutan: All electrical equipment has been delivered and is being installed, with completion and energization in Q2 2025 on track (see Infrastructure Construction Update section below for further details).
      • Oromia Region, Ethiopia: In early April, Bitdeer signed an SPA and a turnkey agreement for the acquisition and construction of a 50 MW mining datacenter in Ethiopia for US$7.5 million, including a local company with a mining permit, a 33kV substation connection, and a 4-year Power Purchase Agreement (PPA) with Ethiopian Electric Power Company. The Company is collaborating with an EPC contractor with specialized experience in Bitcoin mining and targeting energization by Q4 2025.

    Management Commentary

    “We achieved significant operational progress in March,” stated Matt Kong, Chief Business Officer at Bitdeer. “First, we completed mass production of 3.8 EH/s our SEALMINER A1 mining rigs and energized 2.8 EH/s, increasing our self-mining hashrate to 11.5 EH/s at the end of March with the remaining to be installed and turned on in April. Second, we launched the SEALMINER A2 Pro series Bitcoin mining rigs, delivering an efficiency of 14.9 J/TH. Finally, we obtained regulatory approval for Phase 1 and 2 of our Tydal, Norway site and we expect to energize more than 600 MW of power capacity over the next few months, including our Bhutan site.”

    Production and Operations Summary

    Metrics Mar 2025 Feb 2025 Mar 2024
    Total hash rate under management1(EH/s) 24.2 20.9 22.5
    – Proprietary hash rate 12.1 9.4 8.4
    • Self-mining 11.5 9.0 6.7
    • Cloud Hash Rate – – 1.7
    • Delivered but not hashing 0.6 0.4 0.0
    – Hosting 12.1 11.5 14.1
    Mining rigs under management 175,000 163,000 226,000
    – Self-owned2 97,000 88,000 86,000
    – Hosted 78,000 75,000 140,000
    Bitcoins mined (self-mining only) 114 110 294
    Bitcoin held3 1,156 1,039 58


    1
    Total hash rate under management as of March 31, 2025 across the Company’s primary business lines: Self-mining, Cloud Hash Rate, and Hosting.

    • Self-mining refers to cryptocurrency mining for the Company’s own account, which allows it to directly capture the high appreciation potential of cryptocurrency.
    • Cloud Hash Rate offers hash rate subscription plans and shares mining income with customers under certain arrangements. The Cloud Hash Rate stated above reflects the contracted hash rate with customers at month-end.
    • Hosting encompasses a one-stop mining machine hosting solution including deployment, maintenance, and management services for efficient cryptocurrency mining.

    2Self-owned mining machines are for the Company’s self-mining business and Cloud Hash Rate business.
    3Bitcoins held do not include the Bitcoins from deposits of the customers.

    Infrastructure Construction Update

    Rockdale, Texas – 100 MW Hydro-cooling conversion energization commenced:

    • All cooling system delivered and installed.
    • Approximately 1.4 EH/s of SEALMINER A1 hydro mining rigs have been energized.
    • Energization in accordance with the phase of delivery of mining rigs.

    Tydal, Norway – 175 MW site expansion anticipated to be fully energized by mid-2025:

    • Regulatory approval has been obtained.
    • 70 MW will be ready for energization and commissioning in early April, with the remaining 105 MW to be commissioned by mid-2025.
    • Installation of the transformers has been completed, with the delivery and installation of electrical equipment currently in progress. Additionally, the procurement and delivery of containers and hydro-cooling systems are underway, and drainage systems construction is ongoing.

    Massillon, Ohio – 221 MW site construction has begun ahead of schedule:

    • Substation construction is underway and is expected to be completed in Q3 2025.
    • Building design is completed and construction has begun earlier than expected, estimated to be completed in phases between Q3 and Q4 2025.
    • Estimated energization is expected to be completed in phases over Q3 and Q4 2025.

    Clarington Phase 2, Ohio – 304 MW: Signed lease agreement with the landlord and negotiating with regional utility.

    Jigmeling, Bhutan – 500 MW site is progressing well and is expected to be energized in phases beginning in April through June 2025:

    • All electrical equipment has been delivered and is currently being installed, with completion expected by Q2 2025.
    • The first main 132kV transformer has been powered on. The second main 132kV transformer is expected to be powered on in April 2025.
    • Construction of the 220kV substation is underway and is expected to be completed by Q2 2025.
    • Delivery of containers and hydro-cooling systems are in progress and is expected to be completed in phases by Q2 2025.

    Fox Creek, Alberta – 101 MW site acquired in Alberta, sitting on 19 acres, is fully licensed and permitted:

    • Acquisition includes all permits and licenses to construct an on-site natural gas power plant, as well as approval for a 99 MW grid interconnection with Alberta Electric System Operator (“AESO”).
    • Bitdeer will develop and construct the power plant in partnership with a leading engineering, procurement and construction (“EPC”) company and is expected to be energized by Q4 2026.

    Oromia Region, Ethiopia – Signed an SPA and a turnkey agreement for the acquisition and construction of a 50 MW Bitcoin mining project in Ethiopia for US$7.5 million:

    • Acquisition includes local Ethiopian company with a mining permit, connected to a neighboring transmission substation at 33kV interconnection.
    • This local Ethiopian company has signed a Power Purchase Agreement (PPA) with Ethiopian Electric Power Company for a duration of 4 years at an electricity price of approximately US$0.036/ kWh.
    • Bitdeer is working closely with an EPC contractor with specialized experience in Bitcoin mining and this mining project is expected to be energized in Q4 2025.
    Site / Location Capacity (MW) Status Timing4
    Electrical capacity      
    – Rockdale, Texas 563 Online Completed
    – Knoxville, Tennessee 86 Online Completed
    – Wenatchee, Washington 13 Online Completed
    – Molde, Norway 84 Online Completed
    – Tydal, Norway 50 Online Completed
    – Gedu, Bhutan 100 Online Completed
    Total electrical capacity 8955    
    Pipeline capacity      
    – Tydal, Norway Phase 1 70 In progress April 2025
    – Tydal, Norway Phase 2 105 In progress Mid 2025
    – Massillon, Ohio 221 In progress Q3-Q4 2025
    – Clarington, Ohio Phase 1 266 In progress Q3 2025
    – Clarington, Ohio Phase 2 304 Pending approval Estimate 2026
    – Jigmeling, Bhutan 500 In progress Q2 2025
    – Rockdale, Texas 179 In planning Estimate 2026
    – Alberta, Canada 99 In planning Q4 2026
    – Oromia Region, Ethiopia 50 In planning Q4 2025
    Total pipeline capacity 1,794    
    Total global electrical capacity 2,689    


    4
    Indicative timing. All timing references are to calendar quarters and years.
    5 Figures may not add up due to rounding.

    Upcoming Conferences and Events

    • April 8 – 9, 2025: Jones Healthcare and Technology Innovation Conference in Las Vegas, Nevada
    • April 16, 2025: Jefferies Power x Coin Virtual Conference
    • May 14 – 15, 2025: Macquarie Asia Conference 2025 in Hong Kong
    • May 19 – 20, 2025: Barclay 15th Annual Emerging Payments and Fintech Forum in New York City
    • May 20, 2025: Benchmark Virtual Digital Asset Seminar
    • May 21 – 22, 2025: B. Riley 25th Annual Investor Conference in Marina Del Rey, California
    • May 28, 2025: Orange Group & Blockware Sell-side and Buy-side Conference in Las Vegas, Nevada

    About Bitdeer Technologies Group

    Bitdeer is a world-leading technology company for Bitcoin mining. Bitdeer is committed to providing comprehensive Bitcoin mining solutions for its customers. The Company handles complex processes involved in computing such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations. The Company also offers advanced cloud capabilities to customers with high demand for artificial intelligence. Headquartered in Singapore, Bitdeer has deployed datacenters in the United States, Norway, and Bhutan. To learn more, visit https://ir.bitdeer.com/ or follow Bitdeer on X @ BitdeerOfficial and LinkedIn @ Bitdeer Group.

    Investors and others should note that Bitdeer may announce material information using its website and/or on its accounts on social media platforms, including X, formerly known as Twitter, Facebook, and LinkedIn. Therefore, Bitdeer encourages investors and others to review the information it posts on the social media and other communication channels listed on its website.

    Forward-Looking Statements

    Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. The words “anticipate,” “look forward to,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including factors discussed in the section entitled “Risk Factors” in Bitdeer’s annual report on Form 20-F, as well as discussions of potential risks, uncertainties, and other important factors in Bitdeer’s subsequent filings with the U.S. Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof. Bitdeer specifically disclaims any obligation to update any forward-looking statement, whether due to new information, future events, or otherwise. Readers should not rely upon the information on this page as current or accurate after its publication date.

    For investor and media inquiries, please contact:

    Investor Relations
    Orange Group
    Yujia Zhai
    bitdeerIR@orangegroupadvisors.com

    Public Relations
    BlocksBridge Consulting
    Nishant Sharma
    bitdeer@blocksbridge.com

    The MIL Network –

    April 10, 2025
  • MIL-OSI: Emerald Technology Ventures Celebrates Four Portfolio Companies in TIME’s World’s Top GreenTech Companies of 2025

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, April 09, 2025 (GLOBE NEWSWIRE) — Emerald Technology Ventures, a global pioneer in venture capital dedicated to sustainable technologies and industrial innovation, has announced that four of its portfolio companies have been named to TIME magazine’s prestigious Top GreenTech Companies of 2025 list. Nanograf, Tropic, and Ineratec secured spots in the top 100, while Paptic landed in the top 150. The TIME Magazine and Statista analysis evaluated over 8,000 companies worldwide, considering factors such as environmental impact, financial strength, and innovative potential. Emerald Technology Ventures’ success in this ranking highlights the firm’s keen eye for transformative green technologies.

    As the first independent cleantech venture capital fund in Europe, Emerald has carved out a distinctive space in venture capital for over two decades, leading the charge for sustainable industrial innovation. Emerald backs innovators that deliver both environmental impact and financial success. Today’s recognition underscores that sustainable technology is not just a moral imperative—it’s instrumental in gaining a competitive advantage, with Emerald at the forefront of helping large corporations adapt and discover the technology that will bring their business into a successful future.

    Highlighted Portfolio Companies

    Nanograf
    Ranked as 51, the Chicago based company, Nanograf, is a leader in advanced battery materials. By developing advanced graphene-based materials, Nanograf dramatically improves battery performance and energy storage capabilities. Their innovative nanotechnology solutions enable longer-lasting, faster-charging batteries for electric vehicles and renewable energy storage systems, addressing critical challenges in clean energy infrastructure.

    Tropic
    Another honoree, ranked 82, Tropic (formerly Tropic Biosciences) continues to push the boundaries in sustainable agriculture through genetic innovation. Its flagship innovation leverages gene-editing technologies, such as CRISPR, to develop resilient tropical crops like bananas and coffee. Tropic’s work enhances crop durability against climate change-induced stresses—drought, pests, and diseases—while reducing pesticide use and food waste. For instance, its non-browning banana variety extends shelf life, addressing supply chain inefficiencies.

    Ineratec
    Also placed in the top 100, Ineratec, ranked 94, is a pioneer of sustainable synthetic fuels through its Power-to-Liquid (PtL) technology. Its innovation centers on modular, microstructured reactors that convert renewable electricity, CO2 (captured from the air or industrial sources), and hydrogen into carbon-neutral e-fuels like e-kerosene, e-diesel, and e-methanol. These drop-in fuels decarbonize hard-to-abate sectors like aviation and shipping, with a Frankfurt facility set to become Europe’s largest e-fuel plant by late 2025, producing thousands of tons annually. Ineratec’s scalable, efficient reactors offer superior heat transfer and rapid deployment, advancing the shift from fossil fuels to renewable energy carriers.

    Paptic
    Securing a position as 144, Paptic represents Emerald’s diverse approach to sustainable innovation. Based in Espoo, Finland, Paptic is redefining packaging with its wood-based, recyclable material designed to replace single-use plastics. Its innovation is a bio-based, fiber-derived “paper-textile” that combines the durability and flexibility of plastic with the recyclability and biodegradability of paper. Produced from sustainably managed forests, Paptic’s material—available in variants like Tringa—saves 20-30% water and energy compared to traditional paper production while offering tear resistance and water repellency. Used in e-commerce packaging, retail bags, and more, it integrates with existing manufacturing lines, supporting a circular economy by reducing plastic waste and fossil resource dependency.

    About Emerald Technology Ventures
    Emerald is a globally recognized venture capital firm, founded in 2000, that manages and advises assets of over €1 billion from its offices in Zurich, Toronto and Singapore. The firm invests in start-ups that tackle big challenges in climate change and sustainability, with four current funds, hundreds of venture transactions and five third-party investment mandates, including loan guarantees to over 100 start-ups. Bold Ideas. Bright Future. www.emerald.vc.

    Media Contact
    Len Fernandes
    Firecracker PR
    len@firecrackerpr.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/71b23075-0133-4355-bc40-24f7174a9fdf

    The MIL Network –

    April 10, 2025
  • MIL-OSI: Samsung Ads and Magnite Deepen Partnership to Enhance Audience Addressability in Streaming TV

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) — Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today announced an expanded global partnership with Samsung Ads, the advanced advertising division of Samsung Electronics. From 2023 to 2024, Samsung Ads saw double-digit percentage gross revenue growth on the Magnite Streaming SSP as a result of their successful collaboration.

    To bolster audience addressability in streaming, Samsung Ads will leverage the Magnite Access product to better manage behavioral audience data across Magnite platforms. Magnite Access helps media owners like Samsung Ads increase the volume of targeted impressions in Magnite’s exchanges and drive higher CPMs and revenue.

    The partnership expansion follows closely on the heels of Samsung’s continued success in the US and globally. Samsung Ads has cultivated the largest single source of TV data in the US market attained with user consent. Samsung TV Plus, Samsung’s free ad-supported TV (FAST) and on-demand (AVOD) service, has 88 million monthly active users and recently launched in Singapore, the Philippines, and Thailand, with Magnite facilitating programmatic access to this inventory for the first time in the region.

    “Alongside the rapid growth of our ads business, Magnite has been an instrumental partner helping us build custom technology to improve our programmatic monetization,” said Joe Melaragno, Head of Channel Sales at Samsung Ads. “Our collaboration with Magnite has led to a number of breakthroughs including simplified genre targeting to support contextual advertising, improved forecasting capabilities, and a significant reduction in timeouts to complement our rapid viewership growth on Samsung TV Plus. We’re very excited to see how Magnite Storefront within the Magnite Access suite can bring additional value to our data capabilities and further empower our sales team to deliver best-in-class solutions for advertisers.”

    “As ad-supported streaming continues to rise in popularity, Samsung Ads is at the forefront of delivering best-in-class experiences to viewers worldwide,” said Ryan Kenney, SVP, Streaming Platform at Magnite. “We’re pleased to continue our collaboration with Samsung Ads to bring high-quality streaming TV advertising to more programmatic buyers and to make audience-based buying more prevalent and effective in this environment.”

    About Magnite
    We’re Magnite (NASDAQ: MGNI), the world’s largest independent sell-side advertising company. Publishers use our technology to monetize their content across all screens and formats including CTV, online video, display, and audio. The world’s leading agencies and brands trust our platform to access brand-safe, high-quality ad inventory and execute billions of advertising transactions each month. Anchored in bustling New York City, sunny Los Angeles, mile high Denver, historic London, colorful Singapore, and down under in Sydney, Magnite has offices across North America, EMEA, LATAM, and APAC.

    About Samsung Ads
    Samsung Ads puts the power of the world’s #1 Smart TV and mobile device brand to work for businesses of all shapes and sizes. With unrivaled reach across hundreds of millions of smart devices, Samsung Ads unlocks audiences at scale, helping advertisers break through to valuable opted-in consumers in the moments that matter most. Samsung Ads offers innovative ad formats in brand-safe ad environments with full-funnel performance solutions that drive measurable outcomes –from awareness, to consideration, to conversion.

    Today, Samsung Ads serves over 25 countries around the globe, bringing brands new ways to engage their audience across Samsung’s portfolio of premium entertainment services, including Samsung TV Plus –the #1 FAST service on hundreds of millions of TVs globally, Samsung Gaming Hub, Samsung Galaxy mobile apps, and beyond.

    Media Contact:
    Charlstie Veith
    cveith@magnite.com

    Investor Contact:
    Nick Kormeluk
    nkormeluk@magnite.com

    The MIL Network –

    April 10, 2025
  • MIL-OSI Asia-Pac: Alert issued over fake video of the CE

    Source: Hong Kong Information Services

    The Government today appealed to the public to stay vigilant when it comes to a forged video created by artificial intelligence circulating online about an investment plan purportedly recommended by the Chief Executive.

     

    The fake video claimed that the Chief Executive urged the public to participate in an investment with high returns.

     

    In addition to solemnly clarifying that the so-called remarks by the Chief Executive are fictitious, the Government strongly condemned those who have attempted to distribute fake investment advice in the name of the Chief Executive.

     

    The incident has been referred to Police for a follow-up investigation, it added.

    MIL OSI Asia Pacific News –

    April 10, 2025
  • MIL-OSI China: MOFA response to statements by Swedish Defence Minister Jonson opposing China’s threats and supporting deepening relations with Taiwan

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    MOFA response to statements by Swedish Defence Minister Jonson opposing China’s threats and supporting deepening relations with Taiwan

    • Date:2025-04-04
    • Data Source:Department of European Affairs

    April 4, 2025

    Swedish Minister for Defence Pål Jonson stated in response to a question from Member of the Riksdag Björn Söder on April 2 that the security of Europe and Asia was closely linked, that Sweden and the European Union were paying close attention to peace and security in the Indo-Pacific region, that China’s actions towards Taiwan were worrying, and that military threats were unacceptable. Sweden reiterated that differences across the Taiwan Strait must be resolved peacefully and that the will of the Taiwanese people must be respected.

    Minister of Foreign Affairs Lin Chia-lung sincerely thanks the Swedish government for monitoring cross-strait peace and stability and expresses Taiwan’s hope of continuing to deepen relations with Sweden through long-term and comprehensive cooperation. As a responsible member of the international community, Taiwan will work with like-minded partners to urge China to stop threatening Taiwan and unilaterally escalating the situation in the region.

    MIL OSI China News –

    April 9, 2025
  • MIL-OSI China: MOFA response to US, Japan, ROK joint statement reaffirming importance of cross-strait peace and stability

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    MOFA response to US, Japan, ROK joint statement reaffirming importance of cross-strait peace and stability

    • Date:2025-04-04
    • Data Source:Department of North American Affairs

    April 4, 2025

    On April 3, US Secretary of State Marco Rubio, Japanese Foreign Minister Takeshi Iwaya, and Republic of Korea Foreign Minister Cho Tae-yul met in Brussels. The joint statement issued after their meeting emphasized the importance of maintaining peace and stability across the Taiwan Strait as an indispensable element of security and prosperity for the international community. They expressed concern about provocative actions, particularly the recent military drills around Taiwan, and called for an end to further destabilizing actions. The three countries encouraged the peaceful resolution of cross-strait issues and opposed any attempts to unilaterally change the status quo by force or coercion. They also voiced support for Taiwan’s meaningful participation in international organizations.

    Minister of Foreign Affairs Lin Chia-lung thanks the US, Japanese, and ROK foreign ministers for again affirming their support for peace and stability across the Taiwan Strait and expressing concern over China’s provocative actions and military exercises. The latest pronouncement echoes the statement following their meeting on the sidelines of the Munich Security Conference in February. It is a further demonstration that maintaining cross-strait peace and stability has become a matter of international consensus and common interest. Countries around the world clearly recognize that it is China that is a destabilizing force in global society and is attempting to change the status quo. As a responsible member of the international community, Taiwan will continue to work with the United States, Japan, the Republic of Korea, and other democratic partners to jointly ensure regional and cross-strait peace, stability, and prosperity.

    MIL OSI China News –

    April 9, 2025
  • MIL-OSI China: MOFA response to second EU-Japan Strategic Dialogue reaffirming importance of cross-strait peace and stability

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    MOFA response to second EU-Japan Strategic Dialogue reaffirming importance of cross-strait peace and stability

    • Date:2025-04-07
    • Data Source:Department of European Affairs

    April 7, 2025  

    European Union High Representative for Foreign Affairs and Security Policy Kaja Kallas and Japanese Minister for Foreign Affairs Takeshi Iwaya held the second EU-Japan Strategic Dialogue on April 4 in Brussels. In a statement issued after the meeting, they reaffirmed that peace and stability across the Taiwan Strait were of strategic importance for regional and global security and prosperity. They expressed opposition to any unilateral attempts to change the status quo by force or coercion. In addition, they highlighted the interconnected security environments of Europe and the Indo-Pacific and agreed on the need to maintain close coordination and cooperation on key global and regional foreign policy priorities under the Group of Seven (G7) framework.

     

    Minister of Foreign Affairs Lin Chia-lung sincerely welcomes and appreciates the continued concern shown by like-minded partners such as the EU and G7 over peace and stability across the Taiwan Strait and in the Indo-Pacific. The Ministry of Foreign Affairs emphasizes that Taiwan will continue to work with democratic partners to uphold the rules-based international order. Taiwan will do its utmost to maintain cross-strait peace and stability and safeguard regional prosperity and development.

    MIL OSI China News –

    April 9, 2025
  • MIL-OSI Asia-Pac: MOFA response to Japanese Chief Cabinet Secretary Hayashi expressing concern over China’s military exercises around Taiwan

    Source: Republic of China Taiwan

    MOFA response to Japanese Chief Cabinet Secretary Hayashi expressing concern over China’s military exercises around Taiwan

    Date:2025-04-02
    Data Source:TAIWAN-JAPAN RELATIONS ASSOCIATION

    April 2, 2025  

    At a regular press conference on April 1, Japanese Chief Cabinet Secretary Yoshimasa Hayashi stated that peace and stability across the Taiwan Strait were paramount to Japan and the entire international community. Mr. Hayashi made the comments while addressing China’s military drills around Taiwan, stating that Japan had reaffirmed its position to China during a recent bilateral meeting between their foreign ministers. He emphasized that the Japanese government would continue to closely monitor developments arising from China’s increasing military activities around the Taiwan Strait in recent years and added that Japan would make comprehensive response preparations. 
     
    When China twice launched Joint Sword-2024 military exercises targeting Taiwan last year, unilaterally raising tensions across the Taiwan Strait, the government of Japan promptly and directly expressed its misgivings and concerns to China. Following China’s latest military drills around the Taiwan Strait, Japan has once again immediately conveyed its concerns to China and publicly emphasized the importance of cross-strait peace and stability.
     
    Minister of Foreign Affairs Lin Chia-lung affirms and appreciates the Japanese government for immediately and openly expressing concern following China’s launch of military exercises designed to intimidate Taiwan, as well as for emphasizing a consistent stance on preserving peace and stability across the Taiwan Strait. The Ministry of Foreign Affairs (MOFA) strongly urges China to return to reason, exercise self-restraint, and immediately cease unilateral actions that are detrimental to cross-strait peace and regional stability and prosperity. MOFA is pleased that the United States, Japan, and other democratic nations, as well as the European Union, are steadfastly and jointly adopting preventive measures to counter the threat that authoritarian expansion poses to global peace and stability. Taiwan will demonstrate its determination to strengthen resilience and self-defense capabilities and resist China’s rhetorical and military intimidation. It will also cooperate with like-minded partners to ensure peace, stability, and prosperity across the Taiwan Strait and throughout the Indo-Pacific.

    MIL OSI Asia Pacific News –

    April 9, 2025
  • MIL-OSI: Lantronix Ranks 8th on Orange County Business Journal’s List of Fastest-Growing Midsize Public Companies

    Source: GlobeNewswire (MIL-OSI)

    IRVINE, Calif., April 09, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announced it has been named the 8th Fastest-Growing Midsize Public Company in Orange County, Calif., by the Orange County Business Journal. Rankings are based on each company’s two-year revenue growth from 2022 to 2024. Lantronix grew 22 percent during this period, reporting revenues of $160.3 million for the 12 months ended Dec. 30, 2024.

    “We are honored to be ranked 8th on the OCBJ’s annual ranking of the Fastest-Growing Midsize Public Companies,” said Saleel Awsare, chief executive officer and president at Lantronix. “This validation is a credit to the support of our dedicated team as well as our exceptional technology and channel partners that have enabled us to bring exceptional, breakthrough solutions to market, driving forward our presence in AI, Edge Computing, Industry 4.0, IIoT and Out-of-Band Management.”

    To fuel its strategic growth in 2025 and beyond, Lantronix’s has recently hired seasoned industry leaders to expand and scale its presence as a global leader in compute and connectivity. For details, visit the Lantronix press releases webpage.

    Lantronix is the winner of many corporate and industry awards, including the 2025 IoT Breakthrough Awards IoT CEO of the Year Award for its CEO, Saleel Awsare. Lantronix also ranked on the prestigious 2025 CRN® Internet of Things (IoT) 50 list and won industry awards including the 2024 IoT Evolution Asset Tracking Award, the 2024 IoT Evolution Business Impact Award and the 2024 IoT Evolution Product of the Year Award.

    About Lantronix

    Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth markets, including Smart Cities, Enterprise and Transportation. Lantronix’s products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that enable AI Edge Intelligence. Lantronix’s advanced solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.

    For more information, visit the Lantronix website.

    “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements related to Lantronix products or leadership team. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to the COVID-19 pandemic or other outbreaks, wars and recent tensions in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 9, 2024, including in the section entitled “Risk Factors” in Item 1A of Part I of that report, as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. In addition, actual results may differ as a result of additional risks and uncertainties about which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the Nasdaq Stock Market LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.

    Lantronix Media Contact:        
    Gail Kathryn Miller
    Corporate Marketing &
    Communications Manager
    media@lantronix.com

    Lantronix Analyst and Investor Contact:        
    investors@lantronix.com

    ©2025 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

    The MIL Network –

    April 9, 2025
  • MIL-OSI Asia-Pac: HK hosts APEC energy meeting

    Source: Hong Kong Information Services

    The Joint Meeting of Four Expert Groups of the Asia-Pacific Economic Cooperation (APEC) Energy Working Group (EWG) and two associated events are being held in Hong Kong for the first time this week in a schedule running from yesterday until Friday.

    Secretary for Environment & Ecology Tse Chin-wan and Director of Electrical & Mechanical Services Poon Kwok-ying spoke at today’s session.

    The joint meeting covers energy data and analysis, energy efficiency and conservation, new and renewable energy technologies, and clean fossil energy.

    The meeting is being held in conjunction with the APEC Workshop on Promoting Energy Efficiency Enhancement in Electricity Generation and the 8th Oil & Gas Security Network Forum.

    Mr Tse highlighted in the meeting that APEC economies consume approximately 60% of the world’s energy, and that energy demand and carbon emissions in the region will continue to rise as the member economies pursue rapid and ongoing economic growth and urbanisation.

    This makes it crucial to accelerate the transition to green energy, mitigate climate change risks and ensure energy security and sustainable economic development, he added.

    The environment chief also outlined that Hong Kong is striving to achieve carbon neutrality before 2050, and will cease using coal for electricity generation by 2035.

    He said that the city is actively implementing decarbonisation measures. This includes planning infrastructure to import more zero-carbon electricity from neighbouring regions, enhancing energy efficiency in buildings, developing green transportation and promoting hydrogen energy development.

    Mr Poon spoke about Hong Kong’s energy developments and stressed the importance of maintaining dialogue among APEC members to meet the challenges of climate change.

    MIL OSI Asia Pacific News –

    April 9, 2025
  • MIL-OSI Asia-Pac: MOFA response to statement by UK Foreign, Commonwealth and Development Office concerning China’s military exercises around Taiwan

    Source: Republic of China Taiwan

    MOFA response to statement by UK Foreign, Commonwealth and Development Office concerning China’s military exercises around Taiwan

    Date:2025-04-03
    Data Source:Department of European Affairs

    April 3, 2025The United Kingdom Foreign, Commonwealth and Development Office released a statement on April 2 indicating its concern over China’s military exercises around Taiwan, underscoring that they increased tensions and risked dangerous escalation in the Taiwan Strait. The statement reaffirmed the United Kingdom’s clear interest in peace and stability in the Taiwan Strait, adding that this was critical to global prosperity. It went on to declare that the United Kingdom supported a free and open Indo-Pacific, that the Taiwan issue should be settled by people on both sides of the Taiwan Strait through constructive dialogue and without the threat or use of force or coercion, and that military drills or threats to Taiwan were not conducive to such dialogue. The statement further pointed out that the United Kingdom did not support any attempt at unilaterally changing the status quo, calling for restraint and the avoidance of actions that undermine peace and stability.The UK statement follows those made by the United States, the European Union, and Japan, and is another expression of concern by a major country over China’s military exercises around Taiwan. Minister of Foreign Affairs Lin Chia-lung welcomes the statement and thanks the UK government for continuing to pay close attention to the situation across the Taiwan Strait and for stating clearly that peace and stability across the Taiwan Strait are of global importance. MOFA stresses that Taiwan, as a responsible member of the international community, will continue to work with like-minded partners to jointly safeguard the rules-based international order. Taiwan hopes that the world’s democracies will unite in calling on China to return to reason and restraint and to stop threatening Taiwan and unilaterally increasing regional tensions.

    MIL OSI Asia Pacific News –

    April 9, 2025
  • MIL-OSI Asia-Pac: MOFA response to European Parliament resolutions expressing concern over China’s escalation of Taiwan Strait tensions and supporting the deepening of Taiwan-EU cooperation

    Source: Republic of China Taiwan

    April 3, 2025The European Parliament on April 2 voted overwhelmingly to adopt resolutions on annual reports on the implementation of the European Union Common Foreign and Security Policy (CFSP) and Common Security and Defence Policy (CSDP). The resolutions once again reiterated concern over China’s escalation of tensions across the Taiwan Strait and expressed support for further deepening comprehensive Taiwan-EU cooperation and exchanges. The Ministry of Foreign Affairs (MOFA) sincerely welcomes and appreciates these resolutions.The CFSP resolution pointed out that the center of gravity in the global order was shifting towards the Indo-Pacific and that the European Union must strengthen its active role and presence in the region to safeguard peace, freedom, and stability and uphold the rules-based international order. It stated that Taiwan was a key democratic partner for the European Union in the Indo-Pacific region and urged the European Union and its member states to engage in closer cooperation with Taiwan in order to further boost economic, trade, and investment ties. The resolution also encouraged the European Commission to launch, without delay, preparatory measures for negotiations on an investment agreement with Taiwan.Furthermore, the European Parliament strongly condemned China’s continued military provocations against Taiwan and China’s continuous distortion of UN General Assembly Resolution 2758 aimed at blocking Taiwan’s meaningful international participation. It stressed that China’s territorial claims over Taiwan had no basis in international law and that only Taiwan’s democratically elected government could represent the Taiwanese people. The European Parliament called on the European Union and its member states to ensure, through clear and consistent signaling, that any attempt to unilaterally change the status quo across the Taiwan Strait, particularly by means of force or coercion, could not be accepted and would have high costs. It also urged the European Commission and EU member states to formulate a coordinated response strategy to the situation across the Taiwan Strait and to regularly provide impact assessments to the European Parliament concerning the latest developments. Meanwhile, the CSDP resolution strongly condemned hostile acts conducted by China against Taiwan, including an increasing number of cyberattacks, influence campaigns, the entry of Chinese warplanes into Taiwan’s air defense identification zone, and the severing of subsea cables. It reaffirmed the European Union’s strong commitment to preserving the status quo across the Taiwan Strait, lauded the restraint and disciplined reaction of the Taiwan government, and called on China to exercise restraint and avoid any actions that may further escalate cross-strait tensions. The resolution also underlined the strategic significance of the Indo-Pacific region within the European Union’s defense framework and urged awareness of Taiwan’s leading role in high-tech development and extensive experience defending itself against China’s hybrid attacks and disinformation. It called for regular exchanges between the European Union and Taiwan on relevant security issues, as well as for Taiwan and the European Union to share information about incidents related to the severing of undersea cables. It added that Taiwan should be a key part of the European Union’s considerations in advancing multilateral cooperation and capacity building in the Indo-Pacific. In a gesture of great significance, the European Parliament on October 24 last year overwhelmingly voted in favor of a resolution on the misinterpretation of UN General Assembly Resolution 2758 by the People’s Republic of China and its continuous military provocations around Taiwan. This demonstrated strong consensus and firm support for Taiwan across the various parties of the 10th-term European Parliament. Minister of Foreign Affairs Lin Chia-lung expresses sincere and deep gratitude to the European Parliament for its continued concrete actions in deepening the Taiwan-EU partnership and emphasizing its firm stance on upholding peace and stability across the Taiwan Strait. On the excellent foundation of close cooperation that currently exists, Taiwan will continue to advance exchanges with the European Parliament in all areas so as to jointly strengthen democratic resilience and build robust and reciprocal values-based alliances.

    MIL OSI Asia Pacific News –

    April 9, 2025
  • MIL-OSI Asia-Pac: MOFA response to social media posts by Global Affairs Canada expressing concern over China’s military exercises around Taiwan

    Source: Republic of China Taiwan

    MOFA response to social media posts by Global Affairs Canada expressing concern over China’s military exercises around Taiwan

    Date:2025-04-03
    Data Source:Department of North American Affairs

    April 3, 2025Global Affairs Canada issued statements on the social media platforms X and Facebook on April 2 expressing Canada’s deep concern over China’s recent military exercises around Taiwan. The statements emphasized that these threatening actions increased regional tensions and instability and affected global security and prosperity. Canada urged China to resolve cross-strait differences by peaceful means.Minister of Foreign Affairs Lin Chia-lung thanks Canada for reaffirming its support of peace and stability across the Taiwan Strait and for opposing the use of force or coercion to change the status quo, as well as for explicitly stating that China’s threats to Taiwan and regional security undermine the status quo.Since Canada issued its Indo-Pacific Strategy in November 2022, it has dispatched naval ships to transit the Taiwan Strait six times, repeatedly demonstrating its staunch determination to maintain peace and stability across the Taiwan Strait through concrete action. In the face of relentless harassment by China, the Taiwan government will continue to strengthen its self-defense capabilities and bolster cooperation with allied nations to jointly safeguard the rules-based international order. Taiwan calls on all countries to express concern about China’s attempts at gray-zone coercion, including military threats and lawfare targeting Taiwan, and to condemn unilateral actions by China that escalate regional tensions.

    MIL OSI Asia Pacific News –

    April 9, 2025
  • MIL-OSI Asia-Pac: MOFA response to statements by Australia, New Zealand foreign ministries concerning China’s military exercises around Taiwan

    Source: Republic of China Taiwan

    MOFA response to statements by Australia, New Zealand foreign ministries concerning China’s military exercises around Taiwan

    Date:2025-04-03
    Data Source:Department of East Asian and Pacific Affairs

    April 3, 2025The Australian Department of Foreign Affairs and Trade released a statement on April 3 indicating its deep concern over China’s military exercises around Taiwan. On the same day, the New Zealand Ministry of Foreign Affairs and Trade also expressed its concern on X. In its statement, Australia said that it strongly opposed actions that increased the risk of miscalculation and escalation. It reaffirmed that such military exercises were disproportionate and destabilizing, adding that it had raised its concerns with China. Meanwhile, New Zealand called on China to exercise restraint and avoid actions that undermine peace and stability. Both countries expressed their opposition to attempts to unilaterally change the status quo and called for the two sides of the Taiwan Strait to resolve their differences through dialogue, not through the threat or use of force or coercion.Minister of Foreign Affairs Lin Chia-lung welcomes these statements and thanks Australia, New Zealand, and all peace-loving countries for continuing to pay close attention to the security situation across the Taiwan Strait. He reiterates that cross-strait peace and stability are in line with the world’s interests and are of extraordinary importance to the international community.MOFA stresses that Taiwan, as a responsible member of the international community, will continue to work with like-minded countries to jointly uphold the rules-based international order and safeguard peace, stability, and prosperity across the Taiwan Strait and in the Indo-Pacific region.
     

    MIL OSI Asia Pacific News –

    April 9, 2025
  • MIL-OSI Asia-Pac: MOFA response to social media post by German Foreign Office expressing concern over China’s military exercises around Taiwan

    Source: Republic of China Taiwan

    MOFA response to social media post by German Foreign Office expressing concern over China’s military exercises around Taiwan

    Date:2025-04-04
    Data Source:Department of European Affairs

    April 4, 2025

    On April 2, the Federal Foreign Office of Germany posted a message on the social media platform X pointing out that China’s military exercises around Taiwan had increased tensions and were a cause of concern. It stated that stability in the Taiwan Strait was paramount for regional and global security and also affected prosperity in Europe. The Foreign Office underlined that the status quo could only be changed through peaceful means and by mutual agreement, and not by force or coercion.

    Minister of Foreign Affairs Lin Chia-lung sincerely thanks the government of Germany for its continued attention to cross-strait peace and stability and for this further expression of concern over China’s military drills. The Ministry of Foreign Affairs underscores that Taiwan, as a responsible member of the international community, will continue to work with like-minded partners to jointly defend the rules-based international order. It joins other nations in calling on China to exercise self-restraint, stop threatening Taiwan, and cease its unilateral attempts to escalate regional tensions. 

    MIL OSI Asia Pacific News –

    April 9, 2025
  • MIL-OSI Economics: 11 NBFCs surrender their Certificate of Registration to RBI

    Source: Reserve Bank of India

    The following 11 Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR.

    i) Cancellation of CoR due to exit from Non-Banking Financial Institution (NBFI) business:

    Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Date of Cancellation of CoR
    1 Ekagrata Finance Private Limited Nova Miller, Ground Floor, No 333 Thimmiah Road Vasanth Nagar, Bangalore, Karnataka – 560052 N-02.00321 September 27, 2019 March 04, 2025
    2 Ezcred Private Limited Villa 324, Adarsh Palm Retreat Villas, Phase-2 Bellandur, Bangalore, Karnataka – 560103 N- 02.00296 March 15, 2018 March 05, 2025
    3 Lamina Leasing and Finance Limited 8th Floor, B Wing, Rama Bhavan complex, Kodialbail Mangalore, Karnataka – 575003 B-02.00130 December 10, 2003 March 05, 2025
    4 Hinduja Finance Limited Plot No. C-21, Tower-C, G Block, Bandra Kurla Complex, Bandra (E), Mumbai, Maharashtra – 400051 N-13.01870 June 12, 2007 March 07, 2025
    5 Whitegold Holdings Private Limited 84-A, Mittal Court, 8th Floor, 224, Nariman Point, Mumbai, Maharashtra – 400021 13.00744 March 01, 2021 March 13, 2025
    6 Trident Microfin Private Limited #11-4-189/4, Plot No. 19, 2nd Floor, Road No.6, Venkateshwara Colony, Saroornagar, Rangareddy, Telangana – 500035 B-09.00440 February 24, 2014 March 26, 2025
    7 Digikredit Finance Private Limited Office No 260, 1st Floor, Raghuleela Mega Mall, Behind Poisar Bus Depot, Off S.V. Road, Kandivali West, Mumbai, Maharashtra 400067 N-13.02223 February 07, 2018 March 28, 2025
    8 Rutgers Investment and Trading Company Private Limited 29, Bank Street, 1st Floor, Fort, Mumbai, Maharashtra – 400001 13.00353 March 18, 1998 March 28, 2025

    ii) Cancellation of CoR due to NBFC ceasing to be a legal entity due to amalgamation/ merger/dissolution/ voluntary strike-off, etc.:

    Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Date of cancellation of CoR
    1 Joindre Finance Private Limited 1607 16th Floor, Lodha Supremus, Opp. Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra – 400013 N-13.01838 August 31, 2006 March 17, 2025
    2 Jasol Investment & Trading Co Pvt Ltd 1607 16th Floor, Lodha Supremus, Opp. Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra – 400013 13.00864 May 26, 1998 March 17, 2025
    3 S. M. Management Private Limited Makum Road Tinsukia, Assam – 786125. 08.00174 August 10, 2005 March 20, 2025

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/70

    MIL OSI Economics –

    April 9, 2025
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