Category: Business

  • MIL-OSI Africa: South Africa Ramps Up Energy Investment Drive with Dedicated Roundtable at African Energy Week (AEW) 2025

    Source: APO

    South Africa is positioning itself as a premier investment destination in Africa’s energy transition, with a strategic push across the entire energy value chain – from oil and gas exploration to renewables and green hydrogen. At African Energy Week (AEW) 2025: Invest in African Energies, an “Invest in South Africa” Roundtable will bring together top-tier investors, policymakers and energy executives to spotlight the country’s evolving regulatory landscape, its new national oil company and a host of bankable infrastructure projects.

    This year’s roundtable brings together a powerful lineup of speakers driving South Africa’s energy future, including Shahrukh Mirza, VP LNG Development at ExxonMobil, Stefano Marani, CEO of Renergen Limited, and senior representatives from both the newly formed South African National Petroleum Company (SANPC) and the South African National Energy Development Institute.

    South Africa’s energy sector is undergoing a critical transformation: years of load-shedding and grid instability has prompted bold reforms aimed at liberalizing the energy market, fast-tracking private-sector participation and diversifying supply sources. As the government unbundles Eskom and opens transmission infrastructure to independent power producers, investor interest in South Africa’s power and gas markets is growing sharply. Meanwhile, the Integrated Resource Plan and Renewable Energy Masterplan are paving the way for expanded solar, wind and battery storage deployment, backed by robust public-private collaboration.

    The upstream oil and gas sector is also entering a pivotal new phase. The recently established SANPC is spearheading fresh exploration efforts and opening up acreage across frontier basins, including the Orange Basin – an area that has drawn renewed interest following a string of offshore discoveries in neighboring Namibia. Energy major Shell has secured approval for a five-well drilling campaign in the Northern Cape Ultra Deep block, while TotalEnergies is targeting a two-well wildcat campaign in South Africa’s portion of the Orange Basin, slated for 2026. With upcoming licensing opportunities, transparent fiscal terms and enhanced data packages, South Africa is well-positioned to attract both new market entrants and experienced independents to its upstream sector.

    In its gas monetization strategy, South Africa is advancing efforts to leverage domestic resources – including those under development by Renergen at the Virginia Gas Project – to support helium exports and the production of LNG for transport and industrial fuel use. The country’s Gas Master Plan, currently under review, sets out a roadmap for critical infrastructure, including LNG terminals, pipeline expansions and strategic gas storage, aimed at enhancing long-term energy security. At the same time, public-private initiatives such as the green hydrogen corridor – linking the Northern Cape to key export hubs – are laying the groundwork for large-scale hydrogen production, backed by the region’s exceptional solar and wind potential.

    “As South Africa retools its regulatory environment and builds momentum behind energy diversification, AEW 2025 stands as the ideal venue to connect capital with opportunity. From the Orange Basin’s high-impact prospects to scalable renewables and gas monetization, the country is open for business,” says Oré Onegbesan, Program Director, AEW.

    Distributed by APO Group on behalf of African Energy Chamber.

    AEW: Invest in African Energies:
    AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

    Media files

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    MIL OSI Africa

  • MIL-OSI Asia-Pac: Reappointment of Executive Directors to SFC

    Source: Hong Kong Government special administrative region – 4

    The Government announced today (July 18) that the Financial Secretary, under the authority delegated by the Chief Executive pursuant to the Securities and Futures Ordinance (Cap. 571), has reappointed Ms Christina Choi Fung-yee, Mr Rico Leung Chung-yin and Mr Michael Duignan as the Executive Directors of the Securities and Futures Commission (SFC) for a term of three years from August 1, 2025, August 28, 2025, and November 1, 2025, respectively.
     
    A spokesman for the Financial Services and the Treasury Bureau said, “Ms Choi, Mr Leung and Mr Duignan have made valuable contributions to the work of the SFC. We are confident that they will continue to contribute towards the effective performance of the SFC’s statutory functions to foster market development and sound regulation.”
     
    Ms Choi was appointed as the Executive Director (Investment Products) of the SFC in 2016. She will continue to serve as Executive Director (Investment Products) until October 31, 2025, and assume the post of Executive Director (Corporate Finance) of the SFC with effect from November 1, 2025.
     
    Mr Leung was appointed as the Executive Director (Supervision of Markets) of the SFC in 2019. He will continue to assume the management responsibility for Supervision of Markets.
     
    Mr Duignan was appointed as the Executive Director (Corporate Finance) of the SFC in 2022. He will assume the post of Executive Director (Enforcement) in the new term.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Companies Registry releases statistics for first half of 2025

    Source: Hong Kong Government special administrative region – 4

    A total of 84,293 local companies were newly registered during the first half of 2025, according to the statistics released by the Companies Registry today (July 18). As at the end of June this year, the total number of local companies registered under the Companies Ordinance reached 1,494,806, which is an all-time high figure.
     
    In the first half of 2025, 761 non-Hong Kong companies have newly established a place of business in Hong Kong and were registered under the Companies Ordinance. The total number of registered non-Hong Kong companies reached 15,509 by the end of June 2025, which is also an all-time high figure.
     
    In line with the Government’s policies on facilitating business as well as attracting enterprises and investments, two improvement measures for the Companies Ordinance came into operation during the first half of 2025. The first measure is the Companies (Amendment) Ordinance 2025, which has become effective since April 17, 2025. It aims at enabling listed companies incorporated in Hong Kong to hold shares bought back in the treasury and dispose of them, and promoting paperless corporate communication for both listed and unlisted Hong Kong companies. The second measure is the Companies (Amendment) (No. 2) Ordinance 2025, which has become effective since May 23, 2025. It introduces a company re-domiciliation regime in Hong Kong that offers non-Hong Kong corporations a simple and cost-effective route to re-domicile to Hong Kong while preserving their legal identity and operational continuity.
     
    The number of charges on properties of companies received for registration in the first half of 2025 was 5,970. The number of notifications of payments and releases received for registration in the same period was 9,915.
     
    The number of documents delivered to the Registry for registration during the first six months of 2025 was 1,678,809.
     
    A total of 2,615,652 searches of document image records were conducted using the Registry’s electronic search services in the first half of 2025.
     
    For limited partnership funds (LPFs), the number of new registration in the first half of 2025 was 116. The total number of LPFs by the end of June 2025 was 1,099.
     
    For open-ended fund companies (OFCs), the number of new incorporation in the first half of 2025 was 109. The total number of OFCs by the end of June 2025 was 579.
     
    As for the licensing of trust or company service providers, during the first half of 2025, 350 new licences were granted by the Registry. The total number of licensees was 6,971 as at the end of June.
     
    For the licensing of money lenders, during the first half of 2025, 71 new licences were granted by the Licensing Court. The total number of licensed money lenders was 2,046 as at the end of June.
     
    For details of the half-yearly statistics, please visit the “Statistics” section of the Registry’s website (www.cr.gov.hk).

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: “Immersive Hong Kong” roving exhibition opens in Qingdao (with photos)

    Source: Hong Kong Government special administrative region – 4

         The “Immersive Hong Kong” roving exhibition, organised by the Information Services Department (ISD) of the Hong Kong Special Administrative Region (HKSAR) Government  to showcase the diversity and latest developments of Hong Kong through interactive art technology, opened in Qingdao today (July 18). 

         Co-organised by the Shandong Liaison Unit of the HKSAR Government, the exhibition, themed “Hong Kong – Where the World Looks Ahead”, invites visitors from Qingdao and the entire Shandong Province to explore the unique opportunities and potential for tourism, education, business and investment in Hong Kong.

         The exhibition enables visitors to delve into different virtual scenes representing the city, with a creative twist. The five thematic zones, namely “Financial Bridgehead”, “I&T Brain Bank”, “Blossoming Creativity”, “Diversity and Greenery” and “Buzzing Sports Action”, feature multiple interactive art projections, light box installations and naked-eye 3D displays, representing the distinctive appeal of Hong Kong.

         Visitors may also enjoy Hong Kong’s vibrant and colourful skyline, illustrated by Hong Kong artist Messy Desk (Jane Lee), at a photo corner in the venue. Promotional videos on Hong Kong and digital panels presenting information about the city, as well as insights from Mainland companies about their experiences in Hong Kong, are also on display, highlighting why the city is one of the most desirable places to visit, study, live, work and invest.

         Speaking at the opening ceremony today, the Director of Information Services, Mrs Apollonia Liu, said that this year marks the 10th anniversary of the Belt and Road Summit organised by the HKSAR, and that three node cities along the Belt and Road on the Mainland were specially selected to hold the exhibition. The first stop was successfully held in Shanghai last month, attracting more than 180 000 visitors, while Qingdao is the second stop, to be followed by Chengdu. 

         She said, “The eligible cities of the Individual Visit Scheme (IVS) expanded to Qingdao in March last year, enabling residents of Qingdao to explore Hong Kong in a more flexible and convenient manner. In addition to deepening exchanges and fostering cultural integration and people-to-people bonds between the two cities, IVS tourists also represent an important force in driving the business of tourism-related industries in Hong Kong.”

         Mrs Liu added that, although Hong Kong and Qingdao are far apart geographically, the two cities are in fact within arm’s reach. They are linked by multiple direct flights operating daily, with a flight time of just over three hours. This offers an excellent foundation for the two cities to further deepen tourism co-operation, promote resource sharing, and facilitate the two-way flow of visitors.

         Introducing the highlights of the exhibition, Mrs Liu said a “Buzzing Sports Action” thematic zone has been set up, serving as pre-event publicity for the 15th National Games to be cohosted by Hong Kong, Guangdong and Macao in November this year. The cultural and tourism appeal, as well as the latest developments of Hong Kong, is also shown in a comprehensive manner through naked-eye 3D displays and interactive games.

         Mrs Liu expressed hope that the exhibition would provide an opportunity for friends from Qingdao to experience Hong Kong’s charm from different aspects, sparking their interest to learn more about Hong Kong and visit the city.

         To give Qingdao audiences a taste of Hong Kong’s cultural offerings, a wind instrument performance by two young Hong Kong music talents – the Hong Kong Chinese Orchestra Suona Principal Ma Wai-him and pianist Aaron Leung – will be staged at the exhibition venue on July 19 and 20. 

         During the exhibition, an interactive game, “Snap a cool shot @Immersive Hong Kong”, will offer attractive prizes sponsored by Cathay Pacific for two winners. The winner of the Grand Prize will receive a pair of round-trip business class air tickets from Qingdao to Hong Kong, while the runner-up will receive a pair of round-trip economy class air tickets on the same itinerary.

         The exhibition is being held at Lion Mall, a major shopping centre in Qingdao, until July 27. Admission is free.

         Qingdao is the seventh stop of the exhibition, following its successful staging in a total of six cities in Mainland China, the Association of Southeast Asian Nations, and the Middle East between July 2023 and June 2025.

         Supporting organisations of the exhibition include the Belt and Road Office of the Commerce and Economic Development Bureau, Hong Kong Talent Engage, Cathay Pacific, the Hong Kong Trade Development Council, the Hong Kong Tourism Board, and the Kai Tak Sports Park.

         More information on the exhibition is available on the dedicated page on the Brand Hong Kong website and the Hong Kong Economic and Trade Office in Shanghai website.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: “Immersive Hong Kong” roving exhibition opens in Qingdao (with photos)

    Source: Hong Kong Government special administrative region – 4

         The “Immersive Hong Kong” roving exhibition, organised by the Information Services Department (ISD) of the Hong Kong Special Administrative Region (HKSAR) Government  to showcase the diversity and latest developments of Hong Kong through interactive art technology, opened in Qingdao today (July 18). 

         Co-organised by the Shandong Liaison Unit of the HKSAR Government, the exhibition, themed “Hong Kong – Where the World Looks Ahead”, invites visitors from Qingdao and the entire Shandong Province to explore the unique opportunities and potential for tourism, education, business and investment in Hong Kong.

         The exhibition enables visitors to delve into different virtual scenes representing the city, with a creative twist. The five thematic zones, namely “Financial Bridgehead”, “I&T Brain Bank”, “Blossoming Creativity”, “Diversity and Greenery” and “Buzzing Sports Action”, feature multiple interactive art projections, light box installations and naked-eye 3D displays, representing the distinctive appeal of Hong Kong.

         Visitors may also enjoy Hong Kong’s vibrant and colourful skyline, illustrated by Hong Kong artist Messy Desk (Jane Lee), at a photo corner in the venue. Promotional videos on Hong Kong and digital panels presenting information about the city, as well as insights from Mainland companies about their experiences in Hong Kong, are also on display, highlighting why the city is one of the most desirable places to visit, study, live, work and invest.

         Speaking at the opening ceremony today, the Director of Information Services, Mrs Apollonia Liu, said that this year marks the 10th anniversary of the Belt and Road Summit organised by the HKSAR, and that three node cities along the Belt and Road on the Mainland were specially selected to hold the exhibition. The first stop was successfully held in Shanghai last month, attracting more than 180 000 visitors, while Qingdao is the second stop, to be followed by Chengdu. 

         She said, “The eligible cities of the Individual Visit Scheme (IVS) expanded to Qingdao in March last year, enabling residents of Qingdao to explore Hong Kong in a more flexible and convenient manner. In addition to deepening exchanges and fostering cultural integration and people-to-people bonds between the two cities, IVS tourists also represent an important force in driving the business of tourism-related industries in Hong Kong.”

         Mrs Liu added that, although Hong Kong and Qingdao are far apart geographically, the two cities are in fact within arm’s reach. They are linked by multiple direct flights operating daily, with a flight time of just over three hours. This offers an excellent foundation for the two cities to further deepen tourism co-operation, promote resource sharing, and facilitate the two-way flow of visitors.

         Introducing the highlights of the exhibition, Mrs Liu said a “Buzzing Sports Action” thematic zone has been set up, serving as pre-event publicity for the 15th National Games to be cohosted by Hong Kong, Guangdong and Macao in November this year. The cultural and tourism appeal, as well as the latest developments of Hong Kong, is also shown in a comprehensive manner through naked-eye 3D displays and interactive games.

         Mrs Liu expressed hope that the exhibition would provide an opportunity for friends from Qingdao to experience Hong Kong’s charm from different aspects, sparking their interest to learn more about Hong Kong and visit the city.

         To give Qingdao audiences a taste of Hong Kong’s cultural offerings, a wind instrument performance by two young Hong Kong music talents – the Hong Kong Chinese Orchestra Suona Principal Ma Wai-him and pianist Aaron Leung – will be staged at the exhibition venue on July 19 and 20. 

         During the exhibition, an interactive game, “Snap a cool shot @Immersive Hong Kong”, will offer attractive prizes sponsored by Cathay Pacific for two winners. The winner of the Grand Prize will receive a pair of round-trip business class air tickets from Qingdao to Hong Kong, while the runner-up will receive a pair of round-trip economy class air tickets on the same itinerary.

         The exhibition is being held at Lion Mall, a major shopping centre in Qingdao, until July 27. Admission is free.

         Qingdao is the seventh stop of the exhibition, following its successful staging in a total of six cities in Mainland China, the Association of Southeast Asian Nations, and the Middle East between July 2023 and June 2025.

         Supporting organisations of the exhibition include the Belt and Road Office of the Commerce and Economic Development Bureau, Hong Kong Talent Engage, Cathay Pacific, the Hong Kong Trade Development Council, the Hong Kong Tourism Board, and the Kai Tak Sports Park.

         More information on the exhibition is available on the dedicated page on the Brand Hong Kong website and the Hong Kong Economic and Trade Office in Shanghai website.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Speech by FS at Rhythm of Innovation (English only) (with photos/video)

    Source: Hong Kong Government special administrative region

    Speech by FS at Rhythm of Innovation (English only) (with photos/video) 
    Sunny (Chairman of the Hong Kong Science and Technology Parks (HKSTP) Corporation, Dr Sunny Chai), Albert (Chief Executive Officer of the HKSTP Corporation, Mr Albert Wong), young talents from Hong Kong and beyond,
     
    Good afternoon.
     
         It’s a real pleasure to be at this gathering, joined by so many energetic and passionate young innovators.
     
         Just moments ago, I had the chance to speak with some of you, interns and graduates from various incubation programmes here at Science Park. I must say I am truly impressed by your passion, creativity and drive to make a difference in life.
     
         Innovation and technology – or I&T – is a space full of promise. For a long time, people in Hong Kong have favoured careers like doctors, lawyers, engineers and accountants. While these are respectable and rewarding professions, today, I&T has become one of the most exciting avenues for young people to succeed. It is a sector of the future where you can find a meaningful career with positive impact on the community and the world.
     
         Take DeepSeek for example.  It is a remarkable venture launched by a group of young innovators. Their high-efficiency, low-cost model has captured global attention and admiration. And they are just one of many success stories. Across both the Mainland and Hong Kong, young people are driving change through groundbreaking products and creative solutions that are shaping industries and transforming lives.
     
         And if you’re thinking about a career in I&T, let me say: Hong Kong is the place to be.
     
         This Government puts I&T as a policy priority. We focus on sectors where we have competitive strengths, namely artificial intelligence, biomedicine, fintech as well as new energy and new materials. To expedite their development, we are actively attracting world-class enterprises and top talent to Hong Kong, especially those working on cutting-edge technologies.  And we are nurturing a vibrant ecosystem of start-ups, with patient capital support.  By setting up the Hong Kong Investment Corporation Limited, we seek to channel private sector funds to companies even at their nascent stage. 
     
         As an international financial centre, we also provide comprehensive funding support for start-ups and companies at various stages of development, from angel investments, venture capital and private equity to IPO.
     
         Apart from finance, Hong Kong has a number of other unique advantages. 
     
         For example, we are home to world-class universities and research institutions. We are the only city in the world with five universities ranked among the global top 100. Our research institutions are among the best in Asia and the world.  Our two medical schools are among the world’s top 25. 
     
         Besides, we have a thriving start-up ecosystem.  As of last year, Hong Kong had around 4 700 start-ups, a 40 per cent increase compared to 2020. And our innovation flagships like Science Park and Cyberport provide the space, infrastructure, mentorship, resources, networks and programmes that support their growth and dreams.
     
         There’s more. The Northern Metropolis on the boundary with Shenzhen – an area about one-third the size of Hong Kong – is being developed into an I&T powerhouse.
     
         With special cross-boundary policies and facilitation, the Northern Metropolis in conjunction with sister cities in the Greater Bay Area, like Shenzhen and Guangzhou, is fast becoming a global hub for R&D, tech innovation and commercialisation, as well as advanced manufacturing.
     
         And just as important – we offer a safe, open, multicultural environment that welcomes talent from all over the world.
     
         To those of you who are coming from the Mainland or overseas, I wish you to know that Hong Kong welcomes you. If you are inspired by what you see here, come and join us. Since launching our talent admission schemes in December 2022, we’ve received nearly 500 000 applications – and over 220 000 talented individuals have arrived in Hong Kong, many with their young families. They chose Hong Kong for its opportunities, unparalleled connectivity, quality of life, excellent education system, and many more.
     
         Ladies and gentlemen, the greatest asset of Hong Kong has always been its people – and that includes you: our next generation of innovators, creators and leaders.
     
         I look forward to seeing many of you again in the future – not just as students or interns, but as key members of Hong Kong’s I&T community.
     
         Once again, I thank the HKSTP for organising this amazing and meaningful gathering.
     
         Let me end by wishing you all good health, successful careers, and a bright future. Keep dreaming, keep creating, and keep moving forward.
     
         Thank you very much.
    Issued at HKT 18:06

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI: MEXC Publishes Q2 Report Showing Market Leadership in Listings and Security Reserves

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, July 18, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, announced its Q2 2025 performance results, reporting substantial growth across new token listings, user acquisition, ecosystem investments, and platform security initiatives. The quarter marked a period of strong activity for MEXC, as the broader crypto market recovered amid renewed interest in meme coins, AI projects, and multi-chain ecosystems.

    During Q2, MEXC recorded 580 new token listings, with several projects delivering significant returns. Notable performers included the Ethereum-based ZK infrastructure token LA, which posted a peak gain of over 9,100%, as well as Solana-based meme coins MOONPIG and GORK. Infrastructure and AI projects such as FHE, INIT, and KERNEL also saw elevated interest and trading volume. In total, the top 10 newly listed tokens delivered an average peak return of over 3,600%.

    MEXC also announced that its registered user base has surpassed 40 million globally, reflecting increased adoption in both developed and emerging markets. The milestone coincided with the launch of a $300 million Ecosystem Development Fund and a $30 million CSR initiative, IgniteX, aimed at fostering blockchain innovation through education, early-stage support, and technical grants.

    “The second quarter of 2025 demonstrated that investor appetite for high-growth narratives remains strong,” said Shawn Young, Chief Analyst at MEXC. “We’ve seen momentum shift toward infrastructure, Bitcoin-native DeFi, and memecoins with active communities. Our focus remains on accessibility, innovation, and user protection.”

    Security remained a key area of investment for the platform. In June, MEXC launched the $100 Million Guardian Fund, designed to provide immediate user compensation in the event of verified security incidents. The exchange also reported a BTC reserve ratio of 127.59%, supported by over 4,080 BTC in custody. Additionally, its Futures Insurance Fund surpassed $559 million in cumulative payouts.

    MEXC continued to expand its product offering, launching a new hybrid CEX–DEX platform called DEX+ and introducing an upgraded Launchpad system, which featured seven token sales in its first month. Participation exceeded 118,000 users, with several projects posting gains of 8–9x post-listing. The Airdrop+ initiative also scaled rapidly, with 146 campaigns launched and over 230,000 participants recorded.

    Strategic partnerships played a key role in Q2. A major collaboration with the TON blockchain included a $1 million campaign that generated $6.6 billion in trading volume and attracted over 110,000 participants. MEXC also hosted and participated in industry events across Dubai, Korea, and Monaco.

    Looking ahead, MEXC aims to deepen its focus on infrastructure, ecosystem growth, and security standards, as well as expand support for new user onboarding initiatives in underbanked regions. The company plans further product launches and community activations in Q3 and Q4.

    About MEXC

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

    MEXC Official WebsiteXTelegramHow to Sign Up on MEXC

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/8142f904-40f5-48fb-ad0d-b9a80ec0d3b4
    https://www.globenewswire.com/NewsRoom/AttachmentNg/b97b1513-060d-4796-8314-17ceab256b3d

    The MIL Network

  • MIL-OSI: MEXC Publishes Q2 Report Showing Market Leadership in Listings and Security Reserves

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, July 18, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, announced its Q2 2025 performance results, reporting substantial growth across new token listings, user acquisition, ecosystem investments, and platform security initiatives. The quarter marked a period of strong activity for MEXC, as the broader crypto market recovered amid renewed interest in meme coins, AI projects, and multi-chain ecosystems.

    During Q2, MEXC recorded 580 new token listings, with several projects delivering significant returns. Notable performers included the Ethereum-based ZK infrastructure token LA, which posted a peak gain of over 9,100%, as well as Solana-based meme coins MOONPIG and GORK. Infrastructure and AI projects such as FHE, INIT, and KERNEL also saw elevated interest and trading volume. In total, the top 10 newly listed tokens delivered an average peak return of over 3,600%.

    MEXC also announced that its registered user base has surpassed 40 million globally, reflecting increased adoption in both developed and emerging markets. The milestone coincided with the launch of a $300 million Ecosystem Development Fund and a $30 million CSR initiative, IgniteX, aimed at fostering blockchain innovation through education, early-stage support, and technical grants.

    “The second quarter of 2025 demonstrated that investor appetite for high-growth narratives remains strong,” said Shawn Young, Chief Analyst at MEXC. “We’ve seen momentum shift toward infrastructure, Bitcoin-native DeFi, and memecoins with active communities. Our focus remains on accessibility, innovation, and user protection.”

    Security remained a key area of investment for the platform. In June, MEXC launched the $100 Million Guardian Fund, designed to provide immediate user compensation in the event of verified security incidents. The exchange also reported a BTC reserve ratio of 127.59%, supported by over 4,080 BTC in custody. Additionally, its Futures Insurance Fund surpassed $559 million in cumulative payouts.

    MEXC continued to expand its product offering, launching a new hybrid CEX–DEX platform called DEX+ and introducing an upgraded Launchpad system, which featured seven token sales in its first month. Participation exceeded 118,000 users, with several projects posting gains of 8–9x post-listing. The Airdrop+ initiative also scaled rapidly, with 146 campaigns launched and over 230,000 participants recorded.

    Strategic partnerships played a key role in Q2. A major collaboration with the TON blockchain included a $1 million campaign that generated $6.6 billion in trading volume and attracted over 110,000 participants. MEXC also hosted and participated in industry events across Dubai, Korea, and Monaco.

    Looking ahead, MEXC aims to deepen its focus on infrastructure, ecosystem growth, and security standards, as well as expand support for new user onboarding initiatives in underbanked regions. The company plans further product launches and community activations in Q3 and Q4.

    About MEXC

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

    MEXC Official WebsiteXTelegramHow to Sign Up on MEXC

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/8142f904-40f5-48fb-ad0d-b9a80ec0d3b4
    https://www.globenewswire.com/NewsRoom/AttachmentNg/b97b1513-060d-4796-8314-17ceab256b3d

    The MIL Network

  • MIL-OSI: MoneyHero Group Regains Compliance with Nasdaq Minimum Bid Price Requirement

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, July 18, 2025 (GLOBE NEWSWIRE) — MoneyHero Limited (Nasdaq: MNY) (“MoneyHero” or the “Company”), a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia, today announced that it has received a written notice (the “Compliance Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) dated July 17, 2025, informing the Company that it has regained compliance with the minimum bid price requirement set forth under the Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”).

    As previously announced, the Company was notified by Nasdaq on April 7, 2025 that the Company was not in compliance with the Minimum Bid Price Requirement as the closing bid price of the Company’s ordinary shares was below US$1.00 per share for a period of 30 consecutive business days.

    According to the Compliance Notice, the Company regained compliance with the Minimum Bid Price Requirement because the closing bid price of the Company’s ordinary shares has been US$1.00 per share or greater for 10 consecutive business days, from July 2, 2025 to July 16, 2025, and the matter is now closed.

    About MoneyHero Group

    MoneyHero Limited (NASDAQ: MNY) is a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia. The Company operates in Singapore, Hong Kong, Taiwan and the Philippines. Its brand portfolio includes B2C platforms MoneyHero, SingSaver, Money101, Moneymax and Seedly, as well as the B2B platform Creatory. The Company also retains an equity stake in Malaysian fintech company, Jirnexu Pte. Ltd., parent company of Jirnexu Sdn. Bhd., the operator of RinggitPlus, Malaysia’s largest operating B2C platform. MoneyHero had over 260 commercial partner relationships as at March 31, 2025, and had approximately 5.7 million Monthly Unique Users across its platform for the three months ended March 31, 2025. The Company’s backers include Peter Thiel—co-founder of PayPal, Palantir Technologies, and the Founders Fund—and Hong Kong businessman, Richard Li, the founder and chairman of Pacific Century Group. To learn more about MoneyHero and how the innovative fintech company is driving APAC’s digital economy, please visit www.MoneyHeroGroup.com.

    For inquiries, please contact:

    Investor Relations:
    MoneyHero IR Team
    IR@MoneyHeroGroup.com

    The MIL Network

  • MIL-OSI: CICC successfully hosts the 3rd China–Southeast Asia Economic and Finance Forum in Singapore

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, July 18, 2025 (GLOBE NEWSWIRE) — On July 15, China International Capital Corporation Limited (CICC) successfully convened the 3rd China–Southeast Asia Economic and Finance Forum 2025. H.E. Cao Zhongming, Ambassador of China to Singapore graced the event as a keynote speaker. The forum brought together nearly 300 government officials, institutional investors, business leaders, and CICC representatives from across Asia. Held under the theme “The Great Rewiring: China–Southeast Asia Pivot in a Realigning Global Economy”, the forum served as a high-level platform for dialogue and collaboration on macroeconomic trends, regional investment opportunities, and cross-border capital flows between China and Southeast Asia.

    H.E. Cao Zhongming, Ambassador of China to Singapore, emphasized that China upholds the principle of openness and cooperation, and is committed to advancing globalization. He expressed that China looks forward to working closely with ASEAN under the vision of “amity, sincerity, mutual benefit, and inclusiveness”, which would deepen mutual benefits, and jointly promote regional prosperity as well as global development.

    In her opening speech, Liang Dongqing, Member of CICC’s Management Committee mentioned the theme of this year’s forum is inspired by the “great rewiring” of the global economy. Southeast Asia stands out as the most favoured destination for A-share listed manufacturing companies to go abroad, which highlights China and the region’s steadfast partnership and interdependence. Stephen Ng, Head of CICC Southeast Asia and South Asia and CEO of CICC Singapore addressed the audience that the annual forum has witnessed the evolution of connectivity between China and Southeast Asia—from its early beginnings three years ago to its rapid development today, which has significantly reshaped and strengthened regional economic ties.

    Other keynote speakers include Dr. Kai-Fu Lee, CEO of 01.AI and Chairman of Sinovation Ventures, who said that generative AI will also be a super productivity booster for the economy. Professor Bert Hofman of the East Asian Institute of the National University of Singapore highlighted that China’s continued investment in research and technology has effectively helped optimize its export structure. At the same time, two-way direct investment between China and ASEAN has continuously deepened.

    Throughout the day, the Forum featured keynote speeches and in-depth discussions across multiple panels and sub-forums. Guest speakers and experts shared insights on a broad spectrum of topics, including reconfiguring supply chains, emerging investment trends in China, the evolution of consumer markets, market strategy, the global expansion of AI, strategic asset allocation, exchange rate outlook, as well as synergy between Chinese innovation and Southeast Asia’s economic transformation, among others.

    The Forum served as a platform to further strengthen CICC’s presence in Southeast Asia and support the firm’s efforts to seize new opportunities arising from the deepening economic ties and growing capital flows between China and the region. Looking ahead, CICC will continue to expand its network and business activities across Southeast Asia, enhance its cooperation with local partners, and facilitate cross-border investment and capital market integration, while contributing to regional financial development.

    About CICC

    China International Capital Corporation Limited (CICC, 601995.SH, 3908.HK) was established in 1995. Our experience in professional services includes leading several prominent transactions, reflecting our close involvement in China’s economic reform and development. Our vision is to become a first-class investment bank with international competitiveness. As an investment bank with Chinese roots and international reach, CICC continues bringing first-class financial services through its extensive network and outstanding cross-border capability to help our clients accomplish their strategic development goals.

    The MIL Network

  • MIL-OSI: Aurora Mobile’s JPush Empowers Beijing Hyundai Auto Finance to Build an Efficient and Secure Mobile Financial Service Platform

    Source: GlobeNewswire (MIL-OSI)

    SHENZHEN, China, July 18, 2025 (GLOBE NEWSWIRE) — Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today announced that its push notification solution, JPush, has partnered with Beijing Hyundai Auto Finance Co., Ltd. (“BHAF”) to empower the automotive finance provider with JPush’s efficient message delivery and secure communication services.

    Driven by the digital transformation sweeping the financial sector, BHAF is embracing change and striving to build an intelligent, mobile financial service system. To enhance customer service efficiency and employee collaboration, BHAF has launched a dedicated mobile platform that integrates core functions, such as financial services, customer support, risk management, and internal operations. Powered by advanced technology, JPush has played a key role in providing robust support for this platform.

    • Seamless full coverage to ensure uninterrupted service
      JPush fully supports various operating systems including Android, iOS, HarmonyOS, QuickApp, and Web. It is compatible with JPush channels, APNs (Apple Push Notification service), FCM (Firebase Cloud Messaging) and the system-level push messaging channels of various mobile brands such as Huawei, Xiaomi, OPPO, VIVO, Meizu, ASUS, NIO Phone. This ensures that BHAF’s customers and employees can receive critical messages in a timely and stable manner on various devices, enabling the seamless delivery of financial services.
    • High-concurrency, financial-grade channels for guaranteed message delivery
      JPush has established multiple high-reliability, high-concurrency message delivery channels. By leveraging its intelligent channel optimization and keep-alive technologies, JPush ensures the instant and accurate delivery of time-sensitive financial messages such as loan progress updates, repayment reminders, pending approvals, and risk alerts. This helps BHAF avoid delays or message loss that could negatively affect customer experience or internal decision-making.
    • Dual assurance of precision targeting and compliance-level security
      JPush supports customized labeling and aliases based on user profiles and business scenarios. This enables refined push notifications, such as loan product recommendations, repayment reminders, and employee task alerts. These capabilities significantly enhance information delivery efficiency and user experience. Furthermore, JPush has passed the security evaluation by the China Academy of Information and Communications Technology (CAICT) and is connected to the national SDK management service platform. Its strict data encryption and storage mechanisms provide BHAF with dual-layer protection for customer privacy and business data, fully complying with the stringent regulatory requirements of the financial industry.

    A financial-grade mobile service hub featuring high efficiency, precision, and security has been established through the deep integration of JPush and BHAF’s mobile platform. Internally, employee approval processes have been accelerated and collaboration efficiency significantly improved. Externally, customers benefit from greater transparency in loan processing and timely repayment reminders, resulting in a fully upgraded service experience. These improvements optimize operations, lower service costs, and foster business model innovation while enhancing customer satisfaction through technology.

    Looking ahead, Aurora Mobile will continue to deepen its strategic partnership with BHAF. Leveraging its industry-leading push notification and financial technology solutions, the two parties will jointly explore cutting-edge digital applications, including intelligent risk control, precision marketing, and personalized services. These efforts will help strengthen BHAF’s digital foundation and provide sustained intelligent momentum for its high-quality business growth.

    About Aurora Mobile Limited

    Founded in 2011, Aurora Mobile (NASDAQ: JG) is a leading provider of customer engagement and marketing technology services in China. Since its inception, Aurora Mobile has focused on providing stable and efficient messaging services to enterprises and has grown to be a leading mobile messaging service provider with its first-mover advantage. With the increasing demand for customer reach and marketing growth, Aurora Mobile has developed forward-looking solutions such as Cloud Messaging and Cloud Marketing to help enterprises achieve omnichannel customer reach and interaction, as well as artificial intelligence and big data-driven marketing technology solutions to help enterprises’ digital transformation.

    For more information, please visit https://ir.jiguang.cn/.

    Safe Harbor Statement

    This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the Business Outlook and quotations from management in this announcement, as well as Aurora Mobile’s strategic and operational plans, contain forward-looking statements. Aurora Mobile may also make written or oral forward-looking statements in its reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Aurora Mobile’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Aurora Mobile’s strategies; Aurora Mobile’s future business development, financial condition and results of operations; Aurora Mobile’s ability to attract and retain customers; its ability to develop and effectively market data solutions, and penetrate the existing market for developer services; its ability to transition to the new advertising-driven SAAS business model; its ability to maintain or enhance its brand; the competition with current or future competitors; its ability to continue to gain access to mobile data in the future; the laws and regulations relating to data privacy and protection; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of the press release, and Aurora Mobile undertakes no duty to update such information, except as required under applicable law.

    For more information, please contact:

    Aurora Mobile Limited
    E-mail: ir@jiguang.cn

    Christensen

    In China
    Ms. Xiaoyan Su
    Phone: +86-10-5900-1548
    E-mail: Xiaoyan.Su@christensencomms.com

    In US
    Ms. Linda Bergkamp
    Phone: +1-480-614-3004
    Email: linda.bergkamp@christensencomms.com

    The MIL Network

  • MIL-OSI: Aurora Mobile’s JPush Empowers Beijing Hyundai Auto Finance to Build an Efficient and Secure Mobile Financial Service Platform

    Source: GlobeNewswire (MIL-OSI)

    SHENZHEN, China, July 18, 2025 (GLOBE NEWSWIRE) — Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today announced that its push notification solution, JPush, has partnered with Beijing Hyundai Auto Finance Co., Ltd. (“BHAF”) to empower the automotive finance provider with JPush’s efficient message delivery and secure communication services.

    Driven by the digital transformation sweeping the financial sector, BHAF is embracing change and striving to build an intelligent, mobile financial service system. To enhance customer service efficiency and employee collaboration, BHAF has launched a dedicated mobile platform that integrates core functions, such as financial services, customer support, risk management, and internal operations. Powered by advanced technology, JPush has played a key role in providing robust support for this platform.

    • Seamless full coverage to ensure uninterrupted service
      JPush fully supports various operating systems including Android, iOS, HarmonyOS, QuickApp, and Web. It is compatible with JPush channels, APNs (Apple Push Notification service), FCM (Firebase Cloud Messaging) and the system-level push messaging channels of various mobile brands such as Huawei, Xiaomi, OPPO, VIVO, Meizu, ASUS, NIO Phone. This ensures that BHAF’s customers and employees can receive critical messages in a timely and stable manner on various devices, enabling the seamless delivery of financial services.
    • High-concurrency, financial-grade channels for guaranteed message delivery
      JPush has established multiple high-reliability, high-concurrency message delivery channels. By leveraging its intelligent channel optimization and keep-alive technologies, JPush ensures the instant and accurate delivery of time-sensitive financial messages such as loan progress updates, repayment reminders, pending approvals, and risk alerts. This helps BHAF avoid delays or message loss that could negatively affect customer experience or internal decision-making.
    • Dual assurance of precision targeting and compliance-level security
      JPush supports customized labeling and aliases based on user profiles and business scenarios. This enables refined push notifications, such as loan product recommendations, repayment reminders, and employee task alerts. These capabilities significantly enhance information delivery efficiency and user experience. Furthermore, JPush has passed the security evaluation by the China Academy of Information and Communications Technology (CAICT) and is connected to the national SDK management service platform. Its strict data encryption and storage mechanisms provide BHAF with dual-layer protection for customer privacy and business data, fully complying with the stringent regulatory requirements of the financial industry.

    A financial-grade mobile service hub featuring high efficiency, precision, and security has been established through the deep integration of JPush and BHAF’s mobile platform. Internally, employee approval processes have been accelerated and collaboration efficiency significantly improved. Externally, customers benefit from greater transparency in loan processing and timely repayment reminders, resulting in a fully upgraded service experience. These improvements optimize operations, lower service costs, and foster business model innovation while enhancing customer satisfaction through technology.

    Looking ahead, Aurora Mobile will continue to deepen its strategic partnership with BHAF. Leveraging its industry-leading push notification and financial technology solutions, the two parties will jointly explore cutting-edge digital applications, including intelligent risk control, precision marketing, and personalized services. These efforts will help strengthen BHAF’s digital foundation and provide sustained intelligent momentum for its high-quality business growth.

    About Aurora Mobile Limited

    Founded in 2011, Aurora Mobile (NASDAQ: JG) is a leading provider of customer engagement and marketing technology services in China. Since its inception, Aurora Mobile has focused on providing stable and efficient messaging services to enterprises and has grown to be a leading mobile messaging service provider with its first-mover advantage. With the increasing demand for customer reach and marketing growth, Aurora Mobile has developed forward-looking solutions such as Cloud Messaging and Cloud Marketing to help enterprises achieve omnichannel customer reach and interaction, as well as artificial intelligence and big data-driven marketing technology solutions to help enterprises’ digital transformation.

    For more information, please visit https://ir.jiguang.cn/.

    Safe Harbor Statement

    This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the Business Outlook and quotations from management in this announcement, as well as Aurora Mobile’s strategic and operational plans, contain forward-looking statements. Aurora Mobile may also make written or oral forward-looking statements in its reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Aurora Mobile’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Aurora Mobile’s strategies; Aurora Mobile’s future business development, financial condition and results of operations; Aurora Mobile’s ability to attract and retain customers; its ability to develop and effectively market data solutions, and penetrate the existing market for developer services; its ability to transition to the new advertising-driven SAAS business model; its ability to maintain or enhance its brand; the competition with current or future competitors; its ability to continue to gain access to mobile data in the future; the laws and regulations relating to data privacy and protection; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of the press release, and Aurora Mobile undertakes no duty to update such information, except as required under applicable law.

    For more information, please contact:

    Aurora Mobile Limited
    E-mail: ir@jiguang.cn

    Christensen

    In China
    Ms. Xiaoyan Su
    Phone: +86-10-5900-1548
    E-mail: Xiaoyan.Su@christensencomms.com

    In US
    Ms. Linda Bergkamp
    Phone: +1-480-614-3004
    Email: linda.bergkamp@christensencomms.com

    The MIL Network

  • MIL-OSI: Remittix Announces Imminent Launch of Ethereum-Based Crypto-to-Fiat PayFi Protocol, Unveils $250,000 Community Giveaway

    Source: GlobeNewswire (MIL-OSI)

    KOŠICE, Slovakia, July 18, 2025 (GLOBE NEWSWIRE) — Remittix, a next-generation PayFi protocol built on the Ethereum blockchain, today announced the imminent launch of its real-world crypto-to-fiat payment solution. The platform, which enables users to send crypto and settle in fiat across global bank accounts, mobile wallets, and payment rails, is set to go live in the coming weeks. In celebration of the upcoming launch, Remittix has also kicked off a $250,000 giveaway campaign to reward early supporters and build community engagement.

    The announcement comes amid heightened activity on the Ethereum network, with ETH trading at a five-month high of $3,350 and open interest rising sharply. Remittix leverages Ethereum’s smart contract infrastructure to enable near-instant cross-border settlements, with built-in compliance layers designed for regional licensing in Africa and Southeast Asia.

    “Cross-border remittance remains one of the most underserved areas in both traditional and decentralized finance,” said a spokesperson from Remittix. “We’re excited to roll out a solution that brings together speed, cost-efficiency, and real-world applicability while maintaining decentralization.”

    Key Highlights:

    • Launch-Ready Protocol: Real-time crypto-to-fiat conversion infrastructure developed on Ethereum.
    • Global Remittance Use Case: Supports fiat delivery to local banks and wallets across emerging markets.
    • Strong Investor Backing: Over $16.3 million raised and 550 million tokens sold to date.
    • Governance-Driven: Built with smart contracts supporting DAO-based upgrades and community input.
    • Launch Giveaway: A $250,000 prize pool is now live via Gleam.io to engage users ahead of the full rollout.

    The Remittix protocol is part of a growing trend in PayFi (Payment Finance), a new category in DeFi focused on merging blockchain innovation with traditional financial use cases. As Ethereum continues to evolve, solutions like Remittix are increasingly viewed as critical bridges between Web3 and everyday financial activity.

    Giveaway and Participation:

    To participate in the official Remittix $250,000 giveaway, users can visit: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
    More information on the project and presale details is available at https://remittix.io/

    Follow Remittix on social media: https://linktr.ee/remittix

    Contact:
    Andy Černý
    andy@remittix.io

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

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

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/93c9e09c-2a89-4f2c-9778-cc596196c52b

    https://www.globenewswire.com/NewsRoom/AttachmentNg/6d6500b3-001c-4d9a-8d3e-569c6112e2d3

    https://www.globenewswire.com/NewsRoom/AttachmentNg/19574445-db94-4cc2-8c22-76718998ddcc

    The MIL Network

  • MIL-OSI United Kingdom: UK, Philippines launch coalition to boost emerging market finance

    Source: United Kingdom – Executive Government & Departments

    World news story

    UK, Philippines launch coalition to boost emerging market finance

    The UK and the Philippines have partnered to launch a groundbreaking initiative to channel more global capital into emerging markets.

    The ‘EMDE Public Markets Coalition’ was unveiled at the 4th International Conference on Financing for Development (FFD4) in Seville this July, as part of a Sevilla Platform for Action Initiative on ‘Public Markets Mobilisation for Development. This initiative aims to redirect a portion of the $255 trillion flowing through listed equity and bond markets toward crucial development projects in emerging markets and developing economies. 

    With only a small fraction of global public market investments currently reaching emerging economies like the Philippines, even a modest shift could transform financing for climate resilience and sustainable development projects. The Coalition will develop a Toolkit to guide development banks, finance institutions, and investors in mobilizing climate and development investments in emerging markets through public markets. This will help direct more capital to the Philippines and and similar economies.

    The Government of the Philippines endorses the initiative, co-hosted its FFD4 launch event, and will play a key role in its implementation. The initiative will be co-implemented by the Government of Norway and the African Development Bank (AfDB). It has also received endorsement from the Governments of the Netherlands, New Zealand, Switzerland, the Inter-American Development Bank, the Asian Development Bank (ADB), the Organisation for Economic Co-operation and Development (OECD), British International Investment (BII) and the Centre for Development Finance Studies (CDFS). 

    Undersecretary Joven Balbosa of the Philippines’ Department of Finance said:

    The Philippines is proud to continue our partnership with the UK to mobilise finance toward sustainable development and climate action. Public markets are powerful vehicles for mobilisation, with both equity and debt financing proving crucial in meeting climate and development targets.

    The Rt Hon Baroness Chapman of Darlington, UK Minister for International Development, highlighted the coalition’s significance:

    We need to see a transformation in how the public and private sectors work together to mobilise capital to power development progress. Even a small shift in the way this money is invested could unlock massive change and new opportunities for investors, ensuring more countries, communities, and businesses have the finance they need to solve the most difficult development challenges.

    Commissioner McJill Bryant Fernandez of the Philippines’ Securities and Exchange Commission noted that:

    The launch of the EMDE Public Markets Coalition is a timely step toward mobilizing global capital for sustainable development. For the Philippines, improving market access and de-risking investments enable more Filipino enterprises to secure long-term financing for climate-smart growth. We hope to see more countries and partners join us in scaling this agenda to create transformative change across emerging markets.

    The initiative aligns with the UK Government’s Plan for Change, which aims to make Britain a clean energy superpower while helping partners, like the Philippines, build climate resilience. 

    British Ambassador to the Philippines Laure Beaufils highlighted the strong partnership between the UK and the Philippines:

    I am proud that the UK and Philippines have teamed up to show how public markets can boost financing for sustainable development projects, thereby driving quantifiable, lasting change. Together, we have shown that the public sector has a role to play in facilitating this, by creating robust ecosystems that enable more private capital to be redirected to sustainable investments.

    The UK’s MOBILIST programme, which provides capital and technical assistance to support companies in emerging markets to list on stock exchanges, serves as a foundation for the new coalition. This approach has already proven effective in channelling institutional investment toward development projects. In 2024, MOBILIST invested $12.5 million in the Initial Public Offering (IPO) of Citicore Renewables Energy Corporation, a renewable energy developer and operator of solar, hydro, and wind energy platforms in the Philippines. MOBILIST’s investment played a catalytic role in the IPO, which was valued at a total of $86 million and also attracted private institutional investors.

    Updates to this page

    Published 18 July 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: Students of the State University of Management visited the International Student Camp in Optina Pustyn

    Translation. Region: Russian Federal

    Source: Official website of the State –

    An important disclaimer is at the bottom of this article.

    Students of the State University of Management visited the II International Dostoevsky Student Camp in the Kaluga Region, which operated within the framework of the IV Spiritual and Educational Project “Days of Dostoevsky in Optina Pustyn 2025”.

    The project is dedicated to the memory of an important event in the writer’s spiritual life and his work: on July 7, 1878, Fyodor Dostoevsky visited Optina Pustyn for the first time, where his meeting with the venerable elder Ambrose summed up the writer’s many years of spiritual and creative quest, and the elder himself became the prototype of the elder Zosima in the writer’s novel The Brothers Karamazov.

    This year, the tent camp welcomed more than 200 participants from 17 universities in Russia and Belarus, and citizens of 24 countries.

    At the official opening, the participants of the spiritual and educational project were addressed by the monastery’s abbot Bishop Joseph, the governor of the Kaluga region, a graduate of the State University of Management Vladislav Shapsha, the writer’s great-great-grandson Alexey Dostoevsky, and also by video address by the head of the Russian Book Union Sergey Stepashin. After the official part, students of the universities, who were participating in the event for the first time, planted trees on the alley of oaks.

    As part of the three-day program, the participants went on an excursion to Optina Pustyn, took part in the historical quest “Along the Route of the Pilgrims of the 19th Century,” during which they completed tasks based on Old Slavonic games and amusements, rafted on a pontoon across the Zhizdra River, walked along the historical pilgrimage trail that has existed for more than 3 centuries, and attended motivational meetings and discussions with famous people.

    Nikita Smirnov, a student of the State and Municipal Administration program, shared his impressions of the trip: “The Dostoevsky Camp was not just an event for me, but a real intellectual and spiritual discovery. This is a place where bright, thinking people from different parts of the world meet, where discussions are born that inspire the search for deep meanings, and where every day gives something valuable. This is a place where meanings are truly born. Now these days, filled with live communication and joint discoveries, will forever remain in my memory.”

    “Our trip was a pleasant discovery, accompanied by new meetings, gaining new knowledge about Russian culture and Orthodoxy, its role in the life of a Russian person and its significance for the current and future generations. Optina Pustyn is certainly not so much a historical center as a cultural one, where since the 12th century people have gathered and continue to gather, tirelessly fighting for enlightenment and the development of spirituality in people, for the opportunity to introduce people to God’s commandments,” added Dmitry Kamchatov, a student of the Economics program.

    Diana Mikhailova, a student in the Economics program, confirmed: “The trip to Optina Pustyn was a truly unforgettable event for students from many countries, and the camp itself was located in a very picturesque area. There were many excursions and events aimed at both cultural development and bringing students from different universities closer together. Thanks to the camp program, many students understood such spiritual values as kindness, love for God, for one’s neighbor, for the Motherland.”

    A student of the Banking and Digital Banking program, Lyubov Aleksandrovskaya, noted the high level of organization of the project: “I would like to express my gratitude to all the organizers: the Bishop and the brethren for their prayers, the hosts, photographers, invited speakers, sponsors, the director, DJs, volunteers, representatives of the security structure, who modestly, but faithfully and reliably did their job. It seems to me that the unique atmosphere in the camp is due to the fact that everyone in their place works sincerely, with soul, with a kind attitude to everyone around them. And, of course, thanks to the guys. Thank you for these wonderful 5 days to everyone, and prosperity to the project!”

    The participation of students of the State University of Management in the project became possible thanks to cooperation with the rector of the Church of St. Andrew Bogolyubsky in Volzhsky, Father Kirill. Let us recall that the State University of Management also holds patriotic events, meetings with heroes of the SVO, talks about marriage and family, and sends dry souls and trench candles made by students to the front as part of the “GUU – SVOim” campaign.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Russia: China’s Daqing Oil Field Sees Oil, Gas Production Rise in H1 2025

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    HARBIN, July 18 (Xinhua) — Daqing Oilfield, China’s largest onshore oil field, saw crude oil and natural gas production rise in the first half of 2025, according to Daqing Oilfield Co., Ltd.

    During the reporting period, crude oil production at the field increased by 10.9 thousand tons year-on-year, while natural gas production increased by 222 million cubic meters compared to the same period last year.

    In recent years, Daqing Oilfields has been actively developing new approaches to the transition to a “green economy”. In the first six months, the capacity of the company’s commissioned projects in the field of alternative energy sources reached 538.7 thousand kilowatts, and the volume of electricity generation was 554 million kWh.

    Last year, the oil field produced more than 6 billion cubic meters of natural gas, demonstrating stable growth in its gas production for the 14th year in a row. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Russia: New opportunities for Russian applicants: educational programs for top specialists in the field of information technology

    Translation. Region: Russian Federal

    Source: Peter the Great St. Petersburg Polytechnic University –

    An important disclaimer is at the bottom of this article.

    The acceptance of documents for new higher education programs for top specialists in the field of information technology (IT) is coming to an end.

    In the 2025–2026 academic year, Polytechnic University will launch training aimed at preparing students to work as software engineers, product managers, and software engineers in telecommunications. The training of top specialists is carried out on the initiative of the Ministry of Digital Development of the Russian Federation with the participation of the Analytical Center under the Government of the Russian Federation.

    These programs are based on modern employer requirements for highly qualified specialists, determined with the participation of dozens of Russian companies – leaders in the IT sector and leading universities.

    The training will be focused primarily on practical results. From the first years, students will be involved in solving IT business product problems, will be able to study cases and industry experience, participate in project teams, master classes, undergo practical training and mandatory internships at enterprises.

    Companies invest in the development and implementation of programs with their own resources. More than 30% of all classroom classes with students will be conducted by invited experts from the industry, leading developers, engineers and researchers. Business representatives will act as mentors, become conductors of advanced knowledge, trends in the development of domestic IT technologies, help to get acquainted with the corporate culture and real requirements for employees.

    Training in close cooperation with industry partners and IT companies, including KNS GROUP, will not only prepare graduates for a successful professional start, but will also provide an opportunity to apply for leading positions in large industry and technology companies. The knowledge and practical experience gained with modern IT solutions will provide students with subsequent rapid career growth.

    List of top programs:

    09.03.01_10 Design and development of digital ecosystems in the field of training 09.03.01 Computer Science and Computer Engineering; 09.03.04_04 Development of system and application software for modern information storage and transmission systems in the field of training 09.03.04 Software Engineering; 11.03.02_07 Algorithms for digital processing in telecommunication systems in the field of training 11.03.02 Infocommunication technologies and communication systems.

    Detailed information and deadlines for submitting documents can be found atAdmissions Committee.

    For reference.

    Since 2025, within the framework of the federal projects “Artificial Intelligence” and “Personnel for Digital Transformation” of the national project “Data Economy and Digital Transformation of the State”, the Ministry of Digital Development of the Russian Federation, with the participation of the Analytical Center under the Government of the Russian Federation, has been implementing two projects to train students in educational programs for top specialists in the field of information technology and artificial intelligence.

    The projects provide training for graduates with advanced competencies in the field of information technology and artificial intelligence: developers of advanced IT solutions, AI models, algorithms, analysts and data researchers. The key condition for the participation of universities in the projects is the active involvement of employers in the training process, including attracting co-financing from businesses.

    Within the framework of these projects, in 2025, 36 universities from 20 constituent entities of the Russian Federation will accept more than 6,000 students for training. By 2030, 13.7 thousand students will complete their training.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Russia: New opportunities for Russian applicants: educational programs for top specialists in the field of artificial intelligence

    Translation. Region: Russian Federal

    Source: Peter the Great St. Petersburg Polytechnic University –

    An important disclaimer is at the bottom of this article.

    The deadline for accepting applications for new higher education programs for top specialists in the field of artificial intelligence (AI) is approaching its end.

    Starting in the 2025–2026 academic year, Polytechnic University will launch training aimed at preparing students to work as ML Engineer, AI Architect, Data Engineer, Data Analyst, and AI Security Engineer. The training of top specialists is being carried out at the initiative of the Ministry of Digital Development of the Russian Federation with the participation of the Analytical Center under the Government of the Russian Federation.

    These programs are based on modern employer requirements for highly qualified specialists, determined with the participation of dozens of Russian companies – leaders in the field of AI and leading universities.

    The training is primarily focused on practical results. From the first years, students will be involved in solving IT business product problems, will be able to study cases and industry experience, participate in project teams, master classes, undergo practical training and mandatory internships at enterprises.

    Companies invest in the development and implementation of programs with their own resources. More than 30% of all classroom classes with students will be conducted by invited experts from the industry, leading developers, engineers and researchers. Business representatives will act as mentors, become conductors of advanced knowledge, trends in the development of domestic IT technologies, help to get acquainted with the corporate culture and real requirements for employees.

    Training in close cooperation with industry partners and IT companies, including Rostelecom Information Technologies, will not only prepare graduates for a successful professional start, but will also provide an opportunity to apply for leading positions in large industry and technology companies. The knowledge and practical experience gained with modern AI solutions will provide students with subsequent rapid career growth.

    List of top programs:

    02.03.01_03 Machine learning and artificial intelligence technologies in the field of training 02.03.01 Mathematics and computer science; 02.03.03_02 Data mining technologies in the field of training 02.03.03 Mathematical support and administration of information systems; 10.03.01_06 Computer system security (Artificial intelligence technologies in cybersecurity) in the field of training 10.03.01 Information security.

    Detailed information and deadlines for submitting documents can be found atAdmissions Committee.

    For reference.

    Since 2025, within the framework of the federal projects “Artificial Intelligence” and “Personnel for Digital Transformation” of the national project “Data Economy and Digital Transformation of the State”, the Ministry of Digital Development of the Russian Federation, with the participation of the Analytical Center under the Government of the Russian Federation, has been implementing two projects to train students in educational programs for top specialists in the field of information technology and artificial intelligence.

    The projects provide training for graduates with advanced competencies in the field of information technology and artificial intelligence: developers of advanced IT solutions, AI models, algorithms, analysts and data researchers. The key condition for the participation of universities in the projects is the active involvement of employers in the training process, including attracting co-financing from businesses.

    Within the framework of these projects, in 2025, 36 universities from 20 constituent entities of the Russian Federation will accept more than 6,000 students for training. By 2030, 13.7 thousand students will complete their training.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI China: Beijing green transport program recognized by UN

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

    Beijing’s MaaS (Mobility as a Service) for Urban Green Travel initiative has been included in the United Nations’ Global Sustainable Transport Best Practices Compilation 2025.

    The announcement was made July 16 at the United Nations headquarters in New York during the Global Sustainable Transport Best Practices Case Studies Release Event, where Beijing’s program was praised as a prime example of green transportation development from China. Its concepts and achievements garnered praise from participating country representatives and international organizations.

    The event, co-hosted China’s Global Sustainable Transport Innovation and Knowledge Center and the UN Department of Economic and Social Affairs, showcased cases from numerous countries and international bodies. These cases spanned diverse areas, including transport infrastructure, green and low-carbon technologies, digital transformation and public transport optimization.

    Since launching China’s first integrated green travel service platform in November 2019, Beijing’s transport commission has focused on “green and integrated” development, yielding results in government-enterprise collaboration, data services, upgrades and innovation.

    Beijing MaaS combines government, transport companies and internet platforms to create a model of “government guidance, industry support and internet reach.” The platform shares 14 categories of traffic data across four areas — ground public transport, rail transit, static traffic and road network operations — with leading platforms like AutoNavi Maps and Baidu Maps.

    After nearly six years of operation, Beijing MaaS has become the preferred green travel choice for millions, serving over 30 million users, with 5.6 million registered real-name carbon-inclusive users. Beijing’s exploration and practice offer a vivid example for megacities tackling transport challenges and achieving green transformation, contributing a replicable “China solution” to the global stage.

    MIL OSI China News

  • MIL-OSI Asia-Pac: President Lai meets President of Guatemalan Congress Nery Abilio Ramos y Ramos  

    Source: Republic of China Taiwan

    Details
    2025-07-08
    President Lai meets delegation led by Foreign Minister Jean-Victor Harvel Jean-Baptiste of Republic of Haiti
    On the morning of July 8, President Lai Ching-te met with a delegation led by Minister of Foreign Affairs Jean-Victor Harvel Jean-Baptiste of the Republic of Haiti and his wife. In remarks, President Lai noted that our two countries will soon mark the 70th anniversary of diplomatic relations and that our exchanges have been fruitful in important areas such as public security, educational cooperation, and infrastructure. The president stated that Taiwan will continue to work together with Haiti to promote the development of medical and health care, food security, and construction that benefits people’s livelihoods. The president thanked Haiti for supporting Taiwan’s international participation and expressed hope that both countries will continue to support each other, deepen cooperation, and face various challenges together. A translation of President Lai’s remarks follows: I am delighted to meet and exchange ideas with Minister Jean-Baptiste, his wife, and our distinguished guests. Minister Jean-Baptiste is the highest-ranking official from Haiti to visit Taiwan since former President Jovenel Moïse visited in 2018, demonstrating the importance that the Haitian government attaches to our bilateral diplomatic ties. On behalf of the Republic of China (Taiwan), I extend a sincere welcome. Next year marks the 70th anniversary of the establishment of diplomatic ties between our two countries. Our bilateral exchanges have been fruitful in important areas such as public security, educational cooperation, and infrastructure. Over the past few years, Haiti has faced challenges in such areas as food supply and healthcare. Taiwan will continue to work together with Haiti through various cooperative programs to promote the development of medical and health care, food security, and construction that benefits people’s livelihoods. I want to thank the government of Haiti and Minister Jean-Baptiste for speaking out in support of Taiwan on the international stage for many years. Minister Jean-Baptiste’s personal letter to the World Health Organization Secretariat in May this year and Minister of Public Health and Population Bertrand Sinal’s public statement during the World Health Assembly both affirmed Taiwan’s efforts and contributions to global public health and supported Taiwan’s international participation, for which we are very grateful. I hope that Taiwan and Haiti will continue to support each other and deepen cooperation. I believe that Minister Jean-Baptiste’s visit will open up more opportunities for cooperation for both countries, helping Taiwan and Haiti face various challenges together. In closing, I once again offer a sincere welcome to the delegation led by Minister Jean-Baptiste, and ask him to convey greetings from Taiwan to Prime Minister Alix Didier Fils-Aimé and the members of the Transitional Presidential Council. Minister Jean-Baptiste then delivered remarks, saying that he is extremely honored to visit Taiwan and reaffirm the solid and friendly cooperative relationship based on mutual respect between the Republic of Haiti and the Republic of China (Taiwan), which will soon mark its 70th anniversary. He also brought greetings to President Lai from Haiti’s Transitional Presidential Council and Prime Minister Fils-Aimé. Minister Jean-Baptiste emphasized that over the past few decades, despite the great geographical distance and developmental and cultural differences between our two countries, we have nevertheless established a firm friendship and demonstrated to the world the progress resulting from the mutual assistance and cooperation between our peoples. Minister Jean-Baptiste pointed out that our two countries cooperate closely in agriculture, health, education, and community development and have achieved concrete results. Taiwan’s voice, he said, is thus essential for the people of Haiti. He noted that Taiwan also plays an important role in peace and innovation and actively participates in global cooperative efforts. Pointing out that the world is currently facing significant challenges and that Haiti is experiencing its most difficult period in history, Minister Jean-Baptiste said that at this time, Taiwan and Haiti need to unite, help each other, and jointly think about how to move forward and deepen bilateral relations to benefit the peoples of both countries. Minister Jean-Baptiste said that he is pleased that throughout our solid and friendly diplomatic relationship, both countries have demonstrated mutual trust, mutual respect, and the values we jointly defend. He then stated his belief that Haiti and Taiwan will together create a cooperation model and future that are sincere, friendly, and sustainable. The delegation was accompanied to the Presidential Office by Chargé d’Affaires a.i. Francilien Victorin of the Embassy of the Republic of Haiti in Taiwan.

    Details
    2025-07-01
    President Lai meets delegation from 2025 Taiwan International Ocean Forum
    On the afternoon of July 1, President Lai Ching-te met with a delegation from the 2025 Taiwan International Ocean Forum (TIOF). In remarks, President Lai noted that the people of Taiwan will continue to work with democratic partners throughout the world in a maritime spirit of freedom and openness to contribute to ocean governance and jointly ensure maritime security. He expressed hope that their visit will help forge stronger friendships between Taiwan and international maritime partners, so that all can work together to spur shared maritime prosperity and sustainable development for the next generation. A translation of President Lai’s remarks follows: I want to thank our guests for coming here to the Presidential Office. The 2025 TIOF will take place tomorrow and the day after, and I thank you all for making the long trip to Taiwan to attend the event and share your valuable insights and experiences. This year’s forum will focus on strategies for strengthening maritime security and pathways to achieving a sustainable blue economy. By attending this forum, our guests are highlighting their commitment to safeguarding the oceans, and beyond that, taking concrete action to demonstrate support for Taiwan. I once again offer deepest gratitude on behalf of the people of Taiwan. Taiwan holds a key position on the first island chain, is one of the world’s top 10 shipping nations, and accounts for close to 10 percent of global container shipping by volume. As such, Taiwan occupies a unique and important position in maritime strategy. For Taiwan, the ocean is more than just a basis for survival and development; it is also an important driver of national prosperity. In my inaugural address last year, I spoke of a threefold approach to further Taiwan’s development. One of these involves further developing our strengths as a maritime nation. Our government must actively help deepen our connections with the ocean, and must continue to promote green shipping, a sustainable fishing industry, marine renewable energy, and other forms of industrial transformation. It must also make use of marine technology and digital innovation to create a new paradigm that balances environmental, economic, and social inclusion concerns. This will help enhance Taiwan’s responsibilities and competitiveness as a maritime nation. Taiwan is surrounded by ocean, and our territorial waters are a natural protective barrier. However, continued gray-zone aggression from China creates serious threats and challenges to peace and stability in the Taiwan Strait. Our government continues to invest resources to deal with increasingly complex maritime security issues. In addition to building coast guard patrol vessels, we must also step up efforts to build underwater, surface, and airborne unmanned vehicles and smart reconnaissance equipment, so as to demonstrate Taiwan’s determination to defend democracy and freedom and commitment to maintaining peace and stability in the Taiwan Strait. Oceans are Taiwan’s roots, and provide the channels by which we engage with the world. The people of Taiwan will continue to work with democratic partners throughout the world in a maritime spirit of freedom and openness to contribute to ocean governance and jointly ensure maritime security. The TIOF was first launched in 2020, and has now become an important platform for enhancement of cooperation between Taiwan and other countries. I hope that our distinguished guests will reap great benefits at this year’s forum, and further hope that this visit will help forge stronger friendships between Taiwan and international maritime partners, so that all can work together to spur shared maritime prosperity and sustainable development for the next generation. Chairman of The Washington Times Thomas McDevitt, a member of the delegation, then delivered remarks, noting first that July 4th, this Friday, is Independence Day in America. Independence is a sacred, powerful word which has great meaning in this part of the world, he said. Chairman McDevitt indicated that Taiwan has truly become a global beacon of democracy and a key partner for many nations. He then quoted President Lai’s 2024 inaugural address: “We will work together to combat disinformation, strengthen democratic resilience, address challenges, and allow Taiwan to become the MVP of the democratic world.” Chairman McDevitt went on to say that he appreciated the president’s speech with regard to his philosophical depth, sensitivity, and both moral and political clarity. He said that he was deeply moved by the speech, but within a few days of it, China responded with military activities and many threats. The chairman then emphasized that we are in a civilization crisis. Chairman McDevitt mentioned that President Lai has begun a series of 10 lectures, and remarked that they would help the world to understand the identity and the nature of Taiwan, as well as the situation we are in in the world. On behalf of all the delegation, Chairman McDevitt thanked the president for his leadership in dealing with these issues thoughtfully. Chairman McDevitt concluded with a line from the Old Testament which states that if the people have no vision, they will perish. He said that he believes Taiwan’s president has led the people of Taiwan, and the world, with a vision of how to navigate this great civilization crisis together. The delegation also included Members of the Japanese House of Representatives Kikawada Hitoshi, Aoyama Yamato, and Genma Kentaro, and Member of Parliament of the United Kingdom Gavin Williamson.

    Details
    2025-06-30
    President Lai meets Minister of State at UK Department for Business and Trade Douglas Alexander  
    On the morning of June 30, President Lai Ching-te met with Douglas Alexander, Minister of State at the Department for Business and Trade of the United Kingdom. In remarks, President Lai thanked the UK government for its longstanding support for peace and stability across the Taiwan Strait, demonstrating that Taiwan and the UK share similar goals. Noting that two years ago, Taiwan and the UK signed an enhanced trade partnership (ETP) arrangement, the president said that today Taiwan and the UK have signed three pillars under the ETP, which will help promote bilateral economic and trade cooperation. He expressed hope of the UK publicly supporting Taiwan’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) so that together we can create an economic and trade landscape in the Indo-Pacific characterized by shared prosperity and development. A translation of President Lai’s remarks follows: First, on behalf of the people of Taiwan, I extend a warm welcome to Minister Alexander and wish a fruitful outcome for the 27th round of Taiwan-UK trade talks later today. Taiwan-UK relations have grown closer in recent years. We have not only continued to strengthen cooperation in such fields as offshore wind power, innovative technologies, and culture and education but also have established regular dialogue mechanisms in the critical areas of economics and trade, energy, and agriculture. The UK is currently Taiwan’s fourth-largest European trading partner, second-largest source of investment from Europe, and third-largest target for investment in Europe. Two years ago, Taiwan and the UK signed an ETP arrangement. This was particularly meaningful, as it was the first institutionalized economic and trade framework between Taiwan and a European country. Today, this arrangement is yielding further results. I am delighted that Taiwan and the UK have signed three pillars under the ETP covering investment, digital trade, and energy and net-zero. This will help promote bilateral economic and trade cooperation and advance industrial development on both sides. I also want to thank the UK government for its longstanding support for peace and stability across the Taiwan Strait. This month, the UK published its Strategic Defence Review 2025 and National Security Strategy 2025, which oppose any unilateral attempts to change the status quo across the Taiwan Strait. These not only demonstrate that Taiwan and the UK share similar goals but also show that security and prosperity in the Indo-Pacific region are inseparable from those of the transatlantic regions. In addition, last November, the House of Commons passed a motion which made clear that United Nations General Assembly (UNGA) Resolution 2758 neither established the sovereignty of the People’s Republic of China over Taiwan nor determined Taiwan’s status in the United Nations. The UK government also responded to the motion by publicly expressing for the first time its position on UNGA Resolution 2758, opposing any attempt to broaden the interpretation of the resolution to rewrite history. For this, on behalf of the people of Taiwan, I once again want to extend my deepest gratitude. Taiwan and the UK have the advantage of being highly complementary in the technology sector. In facing the restructuring of global supply chains and other international economic and trade developments, I believe that Taiwan and the UK are indispensable key partners for one another. I look forward to the UK publicly supporting Taiwan’s accession to the CPTPP so that together, we can create an economic and trade landscape in the Indo-Pacific characterized by shared prosperity and development. In closing, I wish Minister Alexander a pleasant and successful visit. And I hope he has the opportunity to visit Taiwan for personal travel in the future. Minister Alexander then delivered remarks, saying that it is a great personal honor to meet with everyone today to discuss further deepening the UK-Taiwan trade relationship and explore the many opportunities our two sides can pursue together. He mentioned that he traveled to Taiwan in 2022 when he was a private citizen, a visit he thoroughly enjoyed, so he is delighted to be back to see the strength of the UK-Taiwan relationship and the strengthening of that relationship. He said that relationship is built on mutual respect, democratic values, and a shared vision for open, resilient, and rules-based economic cooperation. As like-minded partners, he pointed out, our collaboration continues to grow across multiple sectors, and he is here today to further that momentum. Minister Alexander stated that on trade and investment, he is proud that this morning we signed the ETP Pillars on Investment, Digital Trade, Energy and Net Zero, which will provide a clear framework for our future cooperation and lay the foundation for expanded access and market-shaping engagement between our two economies. The minister said he believes that together with our annual trade talks, this partnership will help UK’s firms secure new commercial opportunities, improve regulatory alignment, and promote long-term investment in key growth areas, which in turn will also support Taiwan’s efforts to expand high-quality trade relationships with trusted partners. Minister Alexander said that President Lai’s promotion of the Five Trusted Industry Sectors and the UK’s recently published industrial and trade strategies are very well-aligned, as both cover clean energy and semiconductors as well as advanced manufacturing. He then provided an example, saying that both sides plan to invest in AI infrastructure and compute power-creating opportunities for great joint research in the future. By combining our strengths in these areas, he said, we can open the door to innovative collaboration and commercial success for both sides. He mentioned that yesterday he visited the Taiwan Space Agency, commenting that in sectors such as satellite technology, green energy, and cyber security, British expertise and trusted standards can provide meaningful solutions. Noting that President Lai spoke in his remarks of the broader challenge of peace and security in the region, Minister Alexander stated that the United Kingdom has, of course, also continued to affirm its commitment to peace and stability in the Taiwan Strait, along with its G7 partners. The UK-Taiwan relationship is strategic, enduring, and growing, he stated, and they reaffirm and remain firm in their longstanding position and confident in their ability to work together to support both prosperity and resilience in both of our societies. Minister Alexander said that, as Taiwan looks to diversify capital and build global partnerships, they believe the UK represents a strong and ambitious investment destination, particularly for Taiwanese companies at the very forefront of robotics, clean tech, and advanced industry. He pointed out that the UK’s markets are stable, open, and aligned with Taiwan’s vision of a high-tech, sustainable future, adding that he looks forward to our discussion on how we can further deepen our cooperation across all of these areas and more. The delegation also included Martin Kent, His Majesty’s Trade Commissioner for Asia Pacific at the UK Department for Business and Trade. The delegation was accompanied to the Presidential Office by British Office Taipei Representative Ruth Bradley-Jones.   

    Details
    2025-06-27
    President Lai confers decoration on former Japan-Taiwan Exchange Association Chairman Ohashi Mitsuo
    On the morning of June 27, President Lai Ching-te conferred the Order of Brilliant Star with Grand Cordon upon former Chairman of the Japan-Taiwan Exchange Association Ohashi Mitsuo in recognition of his firm convictions and tireless efforts in promoting Taiwan-Japan exchanges. In remarks, President Lai stated that Chairman Ohashi cares for Taiwan like a family member, and expressed hope that Taiwan and Japan continue to deepen their partnership, bring about the early signing of an economic partnership agreement (EPA), and jointly build secure and stable non-red supply chains as we boost the resilience and competitiveness of our economies and jointly safeguard the values of freedom and democracy. A translation of President Lai’s remarks follows: Every meeting I have with Chairman Ohashi, with whom I have worked side by side for many years, is warm and friendly. I recall that when we met last year, Chairman Ohashi said that he often thinks about what Japan can do for Taiwan and what Taiwan can do for Japan, and that it is that mutual concern that makes us so close. This was a truly moving statement illustrating the relationship between Taiwan and Japan. Chairman Ohashi has also said numerous times that our bilateral relations may very well be the best in the entire world, and that in fact they may serve as a model to other countries. Indeed, Chairman Ohashi is himself an exemplary model for friendly relations between Taiwan and Japan. His spirit of always working tirelessly to promote Taiwan-Japan exchanges is truly admirable. Assuming the position of chairman of the Japan-Taiwan Exchange Association in 2011, he served during the terms of former Presidents Ma Ying-jeou and Tsai Ing-wen, continuously making positive contributions to Taiwan-Japan relations. Over these past 14 years, Taiwan and Japan have signed over 50 major agreements, spanning the economy and trade, fisheries, and taxes, among other areas. In 2017, the Taiwan-Japan Relations Association and the Japan-Taiwan Exchange Association underwent name changes, strengthening the essence and significance of Taiwan-Japan relations. These great achievements were all made possible thanks to the firm convictions and tireless efforts of Chairman Ohashi. On behalf of the people of Taiwan, I am delighted to confer upon Chairman Ohashi the Order of Brilliant Star with Grand Cordon to express our deepest thanks for his outstanding contributions. Chairman Ohashi is not just a good friend of Taiwan, but someone who cares for Taiwan like a family member. When a major earthquake struck in 2016, he personally went to Tainan to assess the situation and meet with the city government. This outpouring of friendship and support across borders was deeply moving. As we look to the future, I hope that Taiwan and Japan can continue to deepen our partnership. In addition to bringing about the early signing of an EPA, I also hope that we can expand collaboration in key areas such as semiconductors, energy, and AI, continue building secure and stable non-red supply chains, and boost the resilience and competitiveness of our economies as well as peace and stability in the Indo-Pacific. As Chairman Ohashi has said, the close bilateral relationship between Taiwan and Japan is one the world can be proud of. I would like to thank him once again for his contributions to deepening Taiwan-Japan ties. Taiwan will continue to forge ahead side by side with Japan, jointly safeguarding the values of freedom and democracy and mutually advancing prosperous development. I wish Chairman Ohashi good health, happiness, peace, and success in his future endeavors, and invite him to return to Taiwan often to visit old friends. Chairman Ohashi then delivered remarks, first thanking President Lai for his kind words. He stated that the Taiwan-Japan relationship is not only worthy of praise; it can also serve as a superb model in the world for bilateral relations that is worthy of study by other countries. He added that this is the result of the collective efforts of President Lai as well as many other individuals. Chairman Ohashi said that the current international situation is rather severe, with wars and conflicts occurring between many neighboring countries. He said that there is a growing trend of nuclear weapon proliferation, emphasizing that use of such weapons would cause significant harm between nations. He also pointed out that some countries even use nuclear weapons as a threat, leading to instability and impacting the global situation. Chairman Ohashi said that neither Taiwan nor Japan possesses nuclear weapons, which is something to be proud of. That is why, he said, we can declare that a world without nuclear weapons is a peaceful world. He also mentioned that during his tenure as chairman of the Japan-Taiwan Exchange Association, he consistently upheld this principle in his work. Chairman Ohashi said that the mission of the World Federalist Movement (WFM) is to promote world peace. He said that the WFM has branches in countries worldwide, with the WFM of Japan being one of the most prominent, and that it also aspires to achieve the goal of world peace. Having served as chairman of the Japan-Taiwan Exchange Association for 14 years, he said, he is now stepping down from this role and will serve as the chairman of the WFM of Japan, aiming to promote peace in countries around the world. Chairman Ohashi said that both Taiwan and Japan can take pride in our friendly bilateral relationship, emphasizing that if the good relationship between Japan and Taiwan could be offered as an example to countries around the world, there would be no more wars. He expressed his sincere hope that under President Lai’s leadership, Taiwan and Japan can work together to jointly promote world peace. Also in attendance at the ceremony was Japan-Taiwan Exchange Association Taipei Office Chief Representative Katayama Kazuyuki.

    Details
    2025-06-25
    President Lai meets Japan’s former Economic Security Minister Kobayashi Takayuki
    On the afternoon of June 25, President Lai Ching-te met with Kobayashi Takayuki, Japan’s former economic security minister and a current member of the House of Representatives. In remarks, President Lai expressed hope to combine the strengths of the democratic community to build resilient, reliable non-red supply chains, and ensure a resilient global economy and sustainable development. He also expressed hope that Taiwan and Japan can bring about the early signing of an economic partnership agreement (EPA), and that Japan will continue supporting Taiwan’s bid to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), enhancing our own bilateral partnership, as doing so would create win-win situations and further contribute to regional economic security and stability. The following is a translation of President Lai’s remarks: I welcome Representative Kobayashi back to Taiwan for another visit after seven years. During his last visit, he was with a delegation from the Liberal Democratic Party (LDP) Youth Division, and we met at the Executive Yuan. I am very happy to see him again today. Representative Kobayashi has long paid close attention to matters involving economic security, technological innovation, and aerospace policy. He also made a stunning debut in last year’s LDP presidential election, showing that he is truly a rising star and an influential figure in the political sphere. With this visit, Representative Kobayashi is demonstrating support for Taiwan with concrete action, which is very meaningful. Taiwan and Japan are both part of the first island chain’s key line of defense. We thank the many Japanese prime ministers, including former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as current Prime Minister Ishiba Shigeru, for the many times they have highlighted the importance of peace and stability in the Taiwan Strait at important international venues, and for expressing opposition to the use of force or coercion to unilaterally change the status quo in the Taiwan Strait. I hope that Taiwan and Japan can engage in more cooperation and exchanges to promote peace and prosperity in the Indo-Pacific region in all aspects. In particular, China in recent years has been actively expanding its red supply chains, which threaten the global free trade system and advanced technology markets. Taiwan hopes to combine the strengths of the democratic community to build resilient, reliable non-red supply chains. In the semiconductor industry, for example, Taiwan has excellent advanced manufacturing capabilities, while Japan plays an important role in materials, equipment, and key technologies. I am confident that, given the experience that Taiwan and Japan have in cooperating, we can build an industrial supply chain composed of democratic nations to ensure a resilient global economy and sustainable development. I hope that Taiwan and Japan can bring about the early signing of an EPA in order to deepen our bilateral trade and investment exchanges and cooperation. I also hope that Japan will continue supporting Taiwan’s bid to join the CPTPP, enhancing our own bilateral partnership, as doing so would create win-win situations and further contribute to regional economic security and stability. Taiwan and Japan are democratic partners that share the values of freedom, democracy, and respect for human rights. I firmly believe that so long as we work together, we can certainly address the challenges posed by authoritarianism, and bring prosperity and development to the Indo-Pacific region. In closing, I welcome Representative Kobayashi once again. I am certain that this visit will help enhance Taiwan-Japan exchanges and deepen our friendship. Representative Kobayashi then delivered remarks, first thanking President Lai for taking the time to meet with him, and noting that this was his second visit to Taiwan following a trip seven years prior, when he came with his good friend from college and then-Director of the LDP Youth Division Suzuki Keisuke, now Japan’s minister of justice. Representative Kobayashi mentioned a Japanese kanji that he is very fond of – 絆 (kizuna) – which means “deep ties of friendship.” He emphasized that a key purpose of this visit to Taiwan was to reiterate the deep ties of friendship between Taiwan and Japan. In addition to deep historical ties, he said, Taiwan and Japan also enjoy a like-minded partnership in terms of economic, personnel, and friendship-oriented exchanges. He went on to say that at the strategic level, Taiwan and Japan also have deep ties of friendship, and that for Japan, it is strategically important that Taiwan not be isolated under any circumstances. Representative Kobayashi emphasized that cooperation between Taiwan and Japan, and even cooperation among Taiwan, Japan, and the United States, are more important now than ever, and that another important focus of this visit is the non-red supply chains referred to earlier by President Lai. He said that as Japan’s first economic security minister and the person currently in charge of the LDP’s policy on economic security, he is acutely aware of the important impact of economic security on national interests, and therefore looks forward to further exchanging views regarding Taiwan’s concrete steps to build non-red supply chains. The delegation was accompanied to the Presidential Office by Japan-Taiwan Exchange Association Deputy Representative Takaba Yo.

    Details
    2025-05-20
    President Lai interviewed by Nippon Television and Yomiuri TV
    In a recent interview on Nippon Television’s news zero program, President Lai Ching-te responded to questions from host Mr. Sakurai Sho and Yomiuri TV Shanghai Bureau Chief Watanabe Masayo on topics including reflections on his first year in office, cross-strait relations, China’s military threats, Taiwan-United States relations, and Taiwan-Japan relations. The interview was broadcast on the evening of May 19. During the interview, President Lai stated that China intends to change the world’s rules-based international order, and that if Taiwan were invaded, global supply chains would be disrupted. Therefore, he said, Taiwan will strengthen its national defense, prevent war by preparing for war, and achieve the goal of peace. The president also noted that Taiwan’s purpose for developing drones is based on national security and industrial needs, and that Taiwan hopes to collaborate with Japan. He then reiterated that China’s threats are an international problem, and expressed hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war. Following is the text of the questions and the president’s responses: Q: How do you feel as you are about to round out your first year in office? President Lai: When I was young, I was determined to practice medicine and save lives. When I left medicine to go into politics, I was determined to transform Taiwan. And when I was sworn in as president on May 20 last year, I was determined to strengthen the nation. Time flies, and it has already been a year. Although the process has been very challenging, I am deeply honored to be a part of it. I am also profoundly grateful to our citizens for allowing me the opportunity to give back to our country. The future will certainly be full of more challenges, but I will do everything I can to unite the people and continue strengthening the nation. That is how I am feeling now. Q: We are now coming up on the 80th anniversary of the end of World War II, and over this period, we have often heard that conflict between Taiwan and the mainland is imminent. Do you personally believe that a cross-strait conflict could happen? President Lai: The international community is very much aware that China intends to replace the US and change the world’s rules-based international order, and annexing Taiwan is just the first step. So, as China’s military power grows stronger, some members of the international community are naturally on edge about whether a cross-strait conflict will break out. The international community must certainly do everything in its power to avoid a conflict in the Taiwan Strait; there is too great a cost. Besides causing direct disasters to both Taiwan and China, the impact on the global economy would be even greater, with estimated losses of US$10 trillion from war alone – that is roughly 10 percent of the global GDP. Additionally, 20 percent of global shipping passes through the Taiwan Strait and surrounding waters, so if a conflict breaks out in the strait, other countries including Japan and Korea would suffer a grave impact. For Japan and Korea, a quarter of external transit passes through the Taiwan Strait and surrounding waters, and a third of the various energy resources and minerals shipped back from other countries pass through said areas. If Taiwan were invaded, global supply chains would be disrupted, and therefore conflict in the Taiwan Strait must be avoided. Such a conflict is indeed avoidable. I am very thankful to Prime Minister of Japan Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as US President Donald Trump and former President Joe Biden, and the other G7 leaders, for continuing to emphasize at international venues that peace and stability across the Taiwan Strait are essential components for global security and prosperity. When everyone in the global democratic community works together, stacking up enough strength to make China’s objectives unattainable or to make the cost of invading Taiwan too high for it to bear, a conflict in the strait can naturally be avoided. Q: As you said, President Lai, maintaining peace and stability across the Taiwan Strait is also very important for other countries. How can war be avoided? What sort of countermeasures is Taiwan prepared to take to prevent war? President Lai: As Mr. Sakurai mentioned earlier, we are coming up on the 80th anniversary of the end of WWII. There are many lessons we can take from that war. First is that peace is priceless, and war has no winners. From the tragedies of WWII, there are lessons that humanity should learn. We must pursue peace, and not start wars blindly, as that would be a major disaster for humanity. In other words, we must be determined to safeguard peace. The second lesson is that we cannot be complacent toward authoritarian powers. If you give them an inch, they will take a mile. They will keep growing, and eventually, not only will peace be unattainable, but war will be inevitable. The third lesson is why WWII ended: It ended because different groups joined together in solidarity. Taiwan, Japan, and the Indo-Pacific region are all directly subjected to China’s threats, so we hope to be able to join together in cooperation. This is why we proposed the Four Pillars of Peace action plan. First, we will strengthen our national defense. Second, we will strengthen economic resilience. Third is standing shoulder to shoulder with the democratic community to demonstrate the strength of deterrence. Fourth is that as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China, and seek peace and mutual prosperity. These four pillars can help us avoid war and achieve peace. That is to say, Taiwan hopes to achieve peace through strength, prevent war by preparing for war, keeping war from happening and pursuing the goal of peace. Q: Regarding drones, everyone knows that recently, Taiwan has been actively researching, developing, and introducing drones. Why do you need to actively research, develop, and introduce new drones at this time? President Lai: This is for two purposes. The first is to meet national security needs. The second is to meet industrial development needs. Because Taiwan, Japan, and the Philippines are all part of the first island chain, and we are all democratic nations, we cannot be like an authoritarian country like China, which has an unlimited national defense budget. In this kind of situation, island nations such as Taiwan, Japan, and the Philippines should leverage their own technologies to develop national defense methods that are asymmetric and utilize unmanned vehicles. In particular, from the Russo-Ukrainian War, we see that Ukraine has successfully utilized unmanned vehicles to protect itself and prevent Russia from unlimited invasion. In other words, the Russo-Ukrainian War has already proven the importance of drones. Therefore, the first purpose of developing drones is based on national security needs. Second, the world has already entered the era of smart technology. Whether generative, agentic, or physical, AI will continue to develop. In the future, cars and ships will also evolve into unmanned vehicles and unmanned boats, and there will be unmanned factories. Drones will even be able to assist with postal deliveries, or services like Uber, Uber Eats, and foodpanda, or agricultural irrigation and pesticide spraying. Therefore, in the future era of comprehensive smart technology, developing unmanned vehicles is a necessity. Taiwan, based on industrial needs, is actively planning the development of drones and unmanned vehicles. I would like to take this opportunity to express Taiwan’s hope to collaborate with Japan in the unmanned vehicle industry. Just as we do in the semiconductor industry, where Japan has raw materials, equipment, and technology, and Taiwan has wafer manufacturing, our two countries can cooperate. Japan is a technological power, and Taiwan also has significant technological strengths. If Taiwan and Japan work together, we will not only be able to safeguard peace and stability in the Taiwan Strait and security in the Indo-Pacific region, but it will also be very helpful for the industrial development of both countries. Q: The drones you just described probably include examples from the Russo-Ukrainian War. Taiwan and China are separated by the Taiwan Strait. Do our drones need to have cross-sea flight capabilities? President Lai: Taiwan does not intend to counterattack the mainland, and does not intend to invade any country. Taiwan’s drones are meant to protect our own nation and territory. Q: Former President Biden previously stated that US forces would assist Taiwan’s defense in the event of an attack. President Trump, however, has yet to clearly state that the US would help defend Taiwan. Do you think that in such an event, the US would help defend Taiwan? Or is Taiwan now trying to persuade the US? President Lai: Former President Biden and President Trump have answered questions from reporters. Although their responses were different, strong cooperation with Taiwan under the Biden administration has continued under the Trump administration; there has been no change. During President Trump’s first term, cooperation with Taiwan was broader and deeper compared to former President Barack Obama’s terms. After former President Biden took office, cooperation with Taiwan increased compared to President Trump’s first term. Now, during President Trump’s second term, cooperation with Taiwan is even greater than under former President Biden. Taiwan-US cooperation continues to grow stronger, and has not changed just because President Trump and former President Biden gave different responses to reporters. Furthermore, the Trump administration publicly stated that in the future, the US will shift its strategic focus from Europe to the Indo-Pacific. The US secretary of defense even publicly stated that the primary mission of the US is to prevent China from invading Taiwan, maintain stability in the Indo-Pacific, and thus maintain world peace. There is a saying in Taiwan that goes, “Help comes most to those who help themselves.” Before asking friends and allies for assistance in facing threats from China, Taiwan must first be determined and prepared to defend itself. This is Taiwan’s principle, and we are working in this direction, making all the necessary preparations to safeguard the nation. Q: I would like to ask you a question about Taiwan-Japan relations. After the Great East Japan Earthquake in 2011, you made an appeal to give Japan a great deal of assistance and care. In particular, you visited Sendai to offer condolences. Later, you also expressed condolences and concern after the earthquakes in Aomori and Kumamoto. What are your expectations for future Taiwan-Japan exchanges and development? President Lai: I come from Tainan, and my constituency is in Tainan. Tainan has very deep ties with Japan, and of course, Taiwan also has deep ties with Japan. However, among Taiwan’s 22 counties and cities, Tainan has the deepest relationship with Japan. I sincerely hope that both of you and your teams will have an opportunity to visit Tainan. I will introduce Tainan’s scenery, including architecture from the era of Japanese rule, Tainan’s cuisine, and unique aspects of Tainan society, and you can also see lifestyles and culture from the Showa era.  The Wushantou Reservoir in Tainan was completed by engineer Mr. Hatta Yoichi from Kanazawa, Japan and the team he led to Tainan after he graduated from then-Tokyo Imperial University. It has nearly a century of history and is still in use today. This reservoir, along with the 16,000-km-long Chianan Canal, transformed the 150,000-hectare Chianan Plain into Taiwan’s premier rice-growing area. It was that foundation in agriculture that enabled Taiwan to develop industry and the technology sector of today. The reservoir continues to supply water to Tainan Science Park. It is used by residents of Tainan, the agricultural sector, and industry, and even the technology sector in Xinshi Industrial Park, as well as Taiwan Semiconductor Manufacturing Company. Because of this, the people of Tainan are deeply grateful for Mr. Hatta and very friendly toward the people of Japan. A major earthquake, the largest in 50 years, struck Tainan on February 6, 2016, resulting in significant casualties. As mayor of Tainan at the time, I was extremely grateful to then-Prime Minister Abe, who sent five Japanese officials to the disaster site in Tainan the day after the earthquake. They were very thoughtful and asked what kind of assistance we needed from the Japanese government. They offered to provide help based on what we needed. I was deeply moved, as former Prime Minister Abe showed such care, going beyond the formality of just sending supplies that we may or may not have actually needed. Instead, the officials asked what we needed and then provided assistance based on those needs, which really moved me. Similarly, when the Great East Japan Earthquake of 2011 or the later Kumamoto earthquakes struck, the people of Tainan, under my leadership, naturally and dutifully expressed their support. Even earlier, when central Taiwan was hit by a major earthquake in 1999, Japan was the first country to deploy a rescue team to the disaster area. On February 6, 2018, after a major earthquake in Hualien, former Prime Minister Abe appeared in a video holding up a message of encouragement he had written in calligraphy saying “Remain strong, Taiwan.” All of Taiwan was deeply moved. Over the years, Taiwan and Japan have supported each other when earthquakes struck, and have forged bonds that are family-like, not just neighborly. This is truly valuable. In the future, I hope Taiwan and Japan can be like brothers, and that the peoples of Taiwan and Japan can treat one another like family. If Taiwan has a problem, then Japan has a problem; if Japan has a problem, then Taiwan has a problem. By caring for and helping each other, we can face various challenges and difficulties, and pursue a brighter future. Q: President Lai, you just used the phrase “If Taiwan has a problem, then Japan has a problem.” In the event that China attempts to invade Taiwan by force, what kind of response measures would you hope the US military and Japan’s Self-Defense Forces take? President Lai: As I just mentioned, annexing Taiwan is only China’s first step. Its ultimate objective is to change the rules-based international order. That being the case, China’s threats are an international problem. So, I would very much hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war – prevention, after all, is more important than cure.

    MIL OSI Asia Pacific News

  • MIL-OSI: Virturo Broker Launches Enhanced AI-Powered Trading Suite at London Investor Summit

    Source: GlobeNewswire (MIL-OSI)

    LONDON, UK, July 18, 2025 (GLOBE NEWSWIRE) — Virturo unveiled its next-generation trading technologies, reaffirming its leadership in premium CFD, Forex, and crypto brokerage for high-net-worth clients, at the July 2025 London Investor Summit. Virturo, the pioneering multi-asset broker, today reaffirms its commitment to high-net-worth clients by leveraging cutting-edge technology and AI-driven analytics. With its proprietary MarketFlow™ engine and AI-powered RiskGuard™ tools, Virturo delivers institutional-grade execution speed, robust security, and intelligent portfolio management across CFDs, Forex, and cryptocurrencies.

    A Unified Vision: Cutting-Edge Technology Meets Deep Expertise

    Since its launch, Virturo has focused on creating a world of opportunity for every client—whether opening a Basic Retail account or leveraging our VIP Professional tier. Through our proprietary MarketFlow™ engine, traders gain access to deep liquidity across CFDs, Forex, and cryptocurrencies, fractional positions on blue-chip equities, and algorithm-driven order execution that adapts in real time to market conditions. Beyond technology, Virturo’s dedicated team of Investment Specialists goes the extra mile: hosting one-on-one portfolio reviews, delivering bespoke market insights, and tailoring risk parameters to each individual’s objectives. From interactive webinars on emerging asset classes to around-the-clock chat support, we ensure that every investor—regardless of account size—benefits from institutional-grade tools, personalized guidance, and a seamless trading experience.

    • MarketFlow™ Engine: Sub-millisecond execution across 3,000+ CFDs—including Equities, Forex, Indices, Commodities, and Cryptocurrencies—powered by ultra-low-latency feeds and intelligent order-routing.
    • CryptoVault™ Security: Multi-signature, air-gapped cold-storage for all digital assets, with real-time monitoring to protect against market extremes.
    • RiskGuard™ Suite: Configurable stop-loss, take-profit, trailing-stop, and live volatility analytics, combined with detailed margin and exposure reports.
    • GDPR & Regulatory Compliance: Full adherence to GDPR protocols, encrypted data storage, client data rights, plus compliance with MiFID II and global financial standards. Client funds are held in segregated accounts with protection up to €85,000 per account.
    • Client Support & Education: A comprehensive learning library, one-on-one strategy sessions, and 24/5 live-chat and phone support ensure that both retail and institutional investors receive personalized guidance.

    These features have made Virturo a top choice in Virturo reviews and positioned the company as a leading virturo broker: https://virturo.com/trading-accounts/ for sophisticated traders worldwide.

    A Platform Built for Every Trader

    Virturo offers access to 3,000+ instruments—from major and exotic Forex pairs to global stock CFDs, indices, commodities, and cryptocurrencies—all through a single, unified interface. Whether you’re speculating on oil price swings, hedging equity exposure, or capitalizing on Bitcoin’s momentum, our platform delivers ultra-tight spreads, sub-0.04-second execution, and transparent pricing you can depend on.

    Five Tailored Account Tiers

    To ensure every client has the precise tools and service level they need, Virturo has designed five progressive account tiers:

    • Basic ($500 minimum deposit): Entry-level leverage and spreads, core market-analysis tools, our weekly market newsletter, and full access to educational resources.
    • Prime ($2,500 minimum deposit): Improved spreads and commissions, enhanced leverage, unlimited educational content, and your own dedicated Investment Specialist.
    • Apex ($25,000 minimum deposit): Market-grade spreads, maximum leverage, tailored commissions, exclusive analyst sessions, priority support, and premier-events access.
    • Alpha ($100,000 minimum deposit): All Apex benefits plus zero commissions, guaranteed stop-loss protection, TradingView Pro integration, and on-demand market analysis.
    • Zenith ($250,000 minimum deposit): The ultimate institutional-style experience: dedicated team support, IPO/ICO access, priority transactions, a loyalty package, and every Alpha feature.

    Each tier unlocks progressively deeper insights, customisable risk controls, and ever-more personalised service—ensuring that whether you’re just beginning or managing a complex portfolio, Virturo adapts to your needs.

    Virturo Academy: Education Meets Execution

    We believe that informed clients are successful clients. That’s why Virturo Academy offers:

    • Structured Learning Paths on trading fundamentals, derivatives mechanics, and advanced algorithmic strategies
    • Live Webinars & Workshops featuring senior analysts and guest experts
    • Interactive Video Tutorials and step-by-step guides on our platform’s advanced tools
    • Weekly Newsletters summarising key market events, economic indicators, and trading opportunities

    From basic charting techniques to sophisticated portfolio optimisation, Virturo Academy equips you with the knowledge to trade confidently.

    Market Outlook & Thought Leadership

    With Bitcoin recently surpassing $118,000—driven by record-setting institutional inflows and ETF developments—Alex cautions that “digital assets are no longer fringe; they’re essential for a diversified, inflation-hedged portfolio.” His insights echo Virturo’s latest analysis on how AI-driven tools and robust security are making crypto mainstream.

    Alex further advises: “Wealth isn’t just what you earn. It’s what your capital earns while you sleep.” Through Virturo’s advanced analytics and personalized strategies, clients can confidently participate in both established and emerging markets.

    About Virturo

    Virturo is a next-generation, award-winning multi-asset broker offering CFDs on Equities, Forex, Indices, Commodities, and Cryptocurrencies. Owned by Finastra LTD and operating under stringent GDPR and international financial regulations, Virturo empowers high-net-worth and institutional investors with cutting-edge technology, top-tier security, and a client-centric approach. For more information or to read the latest Virturo review, visit www.virturo.com or contact media@virturo.com.

    Social Links

    LinkedIn: https://www.linkedin.com/company/virturo-uk/

    YouTube channel: https://www.youtube.com/@Virturo_Official

    Facebook: https://www.facebook.com/people/Virturo/61570821814759/

    Media contact

    Brand: Virturo

    Contact: Media team

    Email: media@virturo.com

    Website: https://virturo.com

    The MIL Network

  • MIL-OSI Africa: African Development Fund supports climate-resilient rice value chains across West Africa

    Source: APO – Report:

    The Board of Directors of the African Development Fund (ADF) (http://apo-opa.co/4nUpfmv), the concessional funding window of the African Development Bank Group (www.AfDB.org), on 17 July 2025 approved a $9.44 million grant for the Africa Rice Center (AfricaRice) to strengthen the climate resilience of rice value chains across West Africa.

    Funded through ADF’s Climate Action Window (http://apo-opa.co/4nVdlsD), the project will support rice producers and processors in 13 countries: Benin, Burkina Faso, Côte d’Ivoire, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Senegal, Sierra Leone, and Togo.

    The initiative, part of the Regional Resilient Rice Value Chains Development Project in West Africa (REWARD), and specifically its adaptation component (REWARD-Adaptation), aims to scale up the adoption of climate-smart agricultural practices and technologies throughout the rice production and processing sectors.

    “The strategy for this project is to reduce the vulnerability and strengthen the resilience of rice value chains, from production to processing and marketing, while lowering greenhouse gas emissions through the dissemination and adoption of climate-smart practices and technologies,” said Marwan Ladki, Senior Irrigation Engineer at the African Development Bank, who is responsible for the project.

    Key project interventions include the distribution of climate-resilient rice seeds to 11,000 farmers, including 4,950 women and 6,600 young farmers. It will train 12,600 farmers and processors, support 65 small and medium-sized enterprises with equipment and improved access to business networks, and facilitate the provision of climate services and early warning systems through digital platforms and radio broadcasts, reaching up to 2 million beneficiaries. The project will also deploy four automatic weather stations per country to improve spatial coverage and climate monitoring. It is projected to create 47,000 employment opportunities, including 8,000 permanent and 39,000 seasonal jobs.

    – on behalf of African Development Bank Group (AfDB).

    Media contact:
    Alexis Adélé
    Department of Communication and External Relations
    media@afdb.org

    About AfricaRice:
    The Africa Rice Center (AfricaRice), based in Côte d’Ivoire, is a pan-African centre of excellence for rice research, development and capacity building. It contributes to reducing poverty, ensuring food and nutrition security, and improving the livelihoods of farmers and other actors in the rice value chain in Africa by increasing the productivity and profitability of rice-based agri-food systems, while ensuring the sustainability of natural resources.

    About the African Development Bank Group:
    The African Development Bank Group is Africa’s leading development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). Represented in 41 African countries, with an external office in Japan, the Bank contributes to the economic development and social progress of its 54 regional member countries. For more information: www.AfDB.org

    Media files

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    MIL OSI Africa

  • MIL-OSI Africa: DSTI welcomes state-of-the-art science training centre in Pretoria

    Source: Government of South Africa

    The Deputy Minister of Science, Technology, and Innovation, Nomalungelo Gina, has welcomed the opening of a groundbreaking new facility in Pretoria. 

    This facility is dedicated to enhancing South Africa’s scientific capacity and equipping the next generation of researchers with advanced skills in molecular science and laboratory management.

    Speaking at the official opening of the Centre for Advanced Training and Innovative Research (CATIR), Gina described the initiative as a milestone in the country’s journey to build a knowledge-based economy driven by innovation.

    CATIR is a partnership among the Department of Science, Technology, and Innovation (DSTI), the South African Medical Research Council (SAMRC), and Thermo Fisher Scientific, a United States-based company specialising in clinical and life sciences research.

    “By investing in this centre, we are investing in the future of South African science, empowering our researchers, nurturing young talent, and fostering an environment where innovation can thrive,” said the Deputy Minister. 

    Already benefiting from this initiative are students from previously disadvantaged universities such as Sefako Makgatho, Venda, and Limpopo.

    “This launch is especially significant, as it aligns with our Decadal Plan 2022–2032, which aims to build a transformed, inclusive and coherent National System of Innovation that responds to the needs of society and the economy,” Gina said.

    The CATIR will serve as a dedicated hub to provide practical, hands-on training in advanced molecular techniques and laboratory management, bridging the gap between academic study and real-world application. 

    Once fully operational, the facility will have the capacity to train up to 160 students annually. 

    The first cohort of 20 students is expected to complete training before the end of 2025.

    Gina highlighted the role of the SAMRC as a trusted project management partner, citing its proven track record in implementing capacity-building programmes that have benefited young scientists from historically under-resourced universities, including Zululand, Limpopo, Venda and Walter Sisulu.

    She welcomed Thermo Fisher as a partner in this endeavour, saying their expertise and resources would undoubtedly enhance the capabilities of CATIR and open new avenues for scientific discovery, as well as the future of South Africa’s young scientist community.

    President and CEO of SAMRC, Professor Ntobeko Ntusi, highlighted the vital need to enhance South Africa’s scientific skill set.

    Ntusi said the development of the CATIR reflected the SAMRC’s belief in the value of investing in the infrastructure and expertise that will help our country address local gaps in critical areas of science.

    “The COVID-19 pandemic taught us that we needed to do more to build skills in clinical and molecular testing to improve the resilience of our health system against the diseases of today and tomorrow. The opening of this important new educational facility is a landmark moment in our journey to achieving this important goal.”

    Urmi Prasad Richardson, President of Europe, the Middle East, and Africa at Thermo Fisher Scientific, stressed the importance of public-private collaboration in strengthening health systems.

    Richardson stated that the opening of the CATIR demonstrates the importance of public-private partnerships in helping to build a more resilient health system in South Africa and underpins their mission to enable customers to make the world healthier, cleaner and safer.

    “Alongside the SAMRC, we are proud to be investing our time, resources and knowledge into this important new facility to meet our shared goal of building locally relevant capabilities and expertise amongst the next generation of South Africa’s scientists,” she added. 

    The establishment of CATIR underscores the importance of partnership in building the skills and resilience required to address the health challenges of today and tomorrow.

    Gina called on all stakeholders to continue working together across sectors and disciplines to build a brighter, healthier, and more prosperous future for all. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI: Nearly 100,000 Participations Recorded! HTX’s 12th Anniversary “Mars Program” Special Event Ignites a Frenzy

    Source: GlobeNewswire (MIL-OSI)

    PANAMA CITY, July 18, 2025 (GLOBE NEWSWIRE) — HTX, a leading global cryptocurrency exchange, is proud to announce the overwhelming success of its “Mars Program” special event, a cornerstone of its 12th-anniversary celebrations. With nearly 100,000 participation counts already, this program underscores HTX’s dedication to driving Web3 innovation and fostering a vibrant community. The excitement intensifies with the impending space journey of Justin Sun, Advisor to HTX, marking the official launch of HTX’s 12th anniversary and ushering in a new era for the crypto space. Collaborating with esteemed ecosystem partners, HTX is actively distributing a substantial prize pool of up to $300,000, inviting global users to participate in this celebratory occasion.

    $300,000 Up for Grabs at HTX

    Event Details: https://www.htx.com/microapps/en-us/double-invite-retail/round-about?activityId=175187356313785&inviter_id=11357320

    A Dream of Space: HTX’s 12 Years of Innovation

    Since its inception in 2013, HTX has supported tens of millions of users worldwide, offering a wide range of services that include trading, asset management, and on-chain ecosystems. The platform remains steadfast in its commitment to advancing blockchain technology and fostering financial liberalization.

    HTX celebrates its 12th anniversary under the theme “Breaking Boundaries”. A space journey is a fitting tribute to the platform’s forward-looking vision—one that embraces technological innovation, human potential, and the ambition to reach new heights. More than a symbolic act, this cosmic voyage represents the fearless spirit of exploration that defines the Web3 era.

    “Mars Program” Sparks Global Participation

    To ensure widespread participation in the excitement of the space journey, HTX has meticulously launched the “Mars Program” special event series, offering a total prize pool of up to $300,000. Users who visit the “Mars Program” event page before July 30 and complete tasks like trading, subscribing to Earn products, inviting friends, or posting in the community can earn entries into a prize draw with rewards including TRX, Cashback Vouchers, Margin Interest Vouchers, Futures Trial Bonuses, APY Booster Coupons, and more.

    The event, launched on July 10, has experienced a continuous surge in popularity, attracting enthusiastic participants from across the globe. As of July 14, the event has accumulated nearly 100,000 participation counts, distributed almost 80,000 USDT in rewards, and awarded nearly 30 grand prizes of 888 TRX each. The event is still in full swing, demonstrating HTX’s strong user activity and market influence.

    Leading Web3 Development with Esteemed Sponsors

    The “Mars Program” special event is a collaborative effort between HTX and multiple TRON ecosystem projects. These pivotal partners of HTX are dedicated to driving innovation and practical applications within the Web3 ecosystem in their respective domains. Together with HTX, they are collectively striving to construct a more open, interconnected, and trustworthy blockchain future. Event sponsors include:

    SunPump: The TRON ecosystem’s first platform for fair launch meme coins.

    APENFT: The first NFT fair-launch platform in the TRON ecosystem, offering one-stop tools to empower creators, collectors, and projects.

    JUST Protocol: The TRON network’s first decentralized finance (DeFi) ecosystem.

    WINkLink: The first comprehensive oracle project in the TRON ecosystem, providing accurate and stable external digital currency price information for decentralized applications (DApps).

    BitTorrent: The world’s largest decentralized P2P communication protocol.

    Steemit: The first and foremost social platform on the Steem blockchain, launched in 2016.

    SunGenX: An AI-driven meme coin issuance assistant launched by SunPump, operating within the TRON ecosystem.

    Forward Outlook

    The “Mars Program” special event delivered outstanding results, setting a high note for HTX’s 12th-anniversary celebration. This landmark occasion serves not only as a reflection of HTX platform’s growth trajectory but also powerfully showcases the dynamic vitality of the Web3 ecosystem. Moving forward, HTX will reinforce its user-centric and technology-driven philosophy, actively expanding its global strategic presence, and fostering collaborative partnerships to build a more open, interconnected, and sustainable blockchain world.

    About HTX

    Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

    As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

    To learn more about HTX, please visit https://www.htx.com/ or HTX Square and follow HTX on XTelegram, and Discord. For further inquiries, please contact glo-media@htx-inc.com.

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4c0381e1-e76e-4506-96b3-a6691d732b36

    The MIL Network

  • MIL-OSI: Dimensional Fund Advisors Ltd. : Form 8.3 – NCC GROUP PLC – Ordinary Shares

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1. KEY INFORMATION  
       
    (a) Full name of discloser: Dimensional Fund Advisors Ltd. in its capacity as investment advisor and on behalf its affiliates who are also investment advisors (”Dimensional”). Dimensional expressly disclaims beneficial ownership of the shares described in this form 8.3.  
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
       
    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:
    Use a separate form for each offeror/offeree
    NCC Group PLC  
    (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:    
    (e) Date position held/dealing undertaken:
    For an opening position disclosure, state the latest practicable date prior to the disclosure
    17 July 2025  
    (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
    If it is a cash offer or possible cash offer, state “N/A”
    N/A  
       
    2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE  
       
    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.  
    (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)  
       
    Class of relevant security: 1p ordinary (GB00B01QGK86)  
      Interests Short Positions  
      Number % Number %  
    (1) Relevant securities owned and/or controlled: 4,107,909 1.30 %      
    (2) Cash-settled derivatives:          
    (3) Stock-settled derivatives (including options) and agreements to purchase/sell:          
      Total 4,107,909 * 1.30 %      
    * Dimensional Fund Advisors LP and/or its affiliates do not have discretion regarding voting decisions in respect of 31,992 shares that are included in the total above.  
       
    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

     
       
       
    (b) Rights to subscribe for new securities (including directors’ and other employee options)  
       
    Class of relevant security in relation to which subscription right exists:    
    Details, including nature of the rights concerned and relevant percentages:    
       
    3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE  
       
    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

     
    (a) Purchases and sales  
       
    Class of relevant security Purchase/sale Number of securities Price per unit  
             
       
    (b) Cash-settled derivative transactions  
       
    Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit  
               
       
    (c) Stock-settled derivative transactions (including options)
     
    (i) Writing, selling, purchasing or varying
     
    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit
                   
       
    (ii) Exercise  
       
    Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit  
               
       
    (d) Other dealings (including subscribing for new securities)  
                 
    Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable)  
             
       
    4. OTHER INFORMATION  
       
    (a) Indemnity and other dealing arrangements  
       
    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”
     
    None  
       
    (b) Agreements, arrangements or understandings relating to options or derivatives  
       
    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i) the voting rights of any relevant securities under any option; or
    (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”
     
    None  
       
    (c) Attachments  
       
    Is a Supplemental Form 8 (Open Positions) attached? NO  
       
    Date of disclosure 18 July 2025  
    Contact name Thomas Hone  
    Telephone number +44 20 3033 3419  
       

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI United Kingdom: Tomb Raider video game composer jailed for Covid loan fraud

    Source: United Kingdom – Executive Government & Departments

    Press release

    Tomb Raider video game composer jailed for Covid loan fraud

    Composer sentenced for Bounce Back Loan abuse following Insolvency Service investigations

    • Video game composer Peter Connelly has been jailed after fraudulently obtaining a second Covid Bounce Back Loan for his company
    • Connelly, known for his work on Tomb Raider, inflated his company’s turnover during the first few months of the pandemic in 2020
    • Insolvency Service investigations have also resulted in the 52-year-old being banned as a company director for six years

    A video game composer and sound designer who fraudulently applied for a Covid loan has been jailed.

    Durham-based Peter Connelly, best known for his work on the Tomb Raider series, overstated his company’s turnover to obtain a second Bounce Back Loan of £37,500 in 2020 when businesses were only entitled to a single loan.

    Connelly had previously secured a legitimate Bounce Back Loan worth £22,000 one month earlier.

    The 52-year-old, of Lambton Court, Peterlee, was jailed for 16 months at a hearing of Durham Crown Court on Thursday 17 July.

    He was also disqualified as a company director for six years.

    David Snasdell, Chief Investigator at the Insolvency Service, said:

    Peter Connelly blatantly disregarded the rules of the Bounce Back Loan Scheme, designed to support small and medium-sized businesses during the pandemic.

    Connelly not only secured two loans when businesses were only allowed one, but deliberately inflated his company’s turnover to receive more money than he was entitled to.

    The Insolvency Service is the lead agency for tackling Bounce Back Loan misconduct and we remain committed to ensuring fraudsters who stole from the public purse during a national emergency are brought to justice.

    Connelly was the sole director of Peter Connelly Limited, established in June 2008.

    The company was known as Universal Sound Design Limited up until November 2012, and it described its trading as “sound recording and music publishing activities”.

    Connelly’s first application for a Bounce Back Loan was in May 2020, when he secured £22,000. This application was within the rules of the scheme.

    However, one month later in June 2020, Connelly applied to a different bank for a Bounce Back Loan of £37,500, claiming his company’s turnover for 2019 was £150,000.

    Insolvency Service analysis revealed his turnover was just over £58,000, meaning he substantially inflated it on his second application.

    Connelly also falsely declared that this was the only loan he had applied for.

    In interviews, Connelly told the Insolvency Service that he had been given the opportunity to re-imagine the music for the Tomb Raider soundtrack. This was a significant project which had the potential to be very lucrative, he added.

    To complete the project, Connelly said he had taken out personal loans and sold his car.

    However, Connelly said everything stalled at the start of the pandemic.

    Peter Connelly Limited went into liquidation in August 2021. Neither loan had been repaid at this time.

    Connelly himself entered into an Individual Voluntary Arrangement (IVA) in June 2022, a legally binding agreement where he has committed to making regular payments to an insolvency practitioner to repay his debts.

    The IVA remains active.

    Further information

    Updates to this page

    Published 18 July 2025

    MIL OSI United Kingdom

  • Piyush Goyal urges youth to lead the journey towards a Viksit Bharat by 2047

    Source: Government of India

    Source: Government of India (4)

    Union Minister of Commerce and Industry Piyush Goyal on Friday inaugurated the India’s International Movement to Unite Nations (IIMUN) Conference 2025 in Noida, where he called upon youth to take the lead in building a Viksit Bharat (Developed India) by 2047, in line with Prime Minister Narendra Modi’s vision under the ‘Panch Pran’ for Amrit Kaal.

    Addressing a gathering of students and young leaders, Goyal said the next 25 years represent a defining era for India, and that the youth will be the primary drivers of the country’s transformation. He highlighted the five pledges outlined by the Prime Minister on Independence Day 2022 – developing India, shedding colonial mindsets, taking pride in heritage, fostering unity, and fulfilling collective responsibility – as guiding principles for the nation’s progress.

    Goyal emphasized the importance of inclusive and sustainable growth, calling on the youth to approach nation-building as both a duty and a privilege. He also encouraged them to consider roles in public service and politics, echoing the Prime Minister’s appeal for one lakh youth to join public life and become agents of change.

    “There is a need for capable and committed individuals to contribute to policymaking with compassion, dedication, and a spirit of service,” he said.

    Paying tribute to teachers and mentors, Goyal said their guidance plays a crucial role in shaping both individuals and the future of the country. Concluding his address, he urged the youth to become “changemakers and nation-builders,” committed to leading India toward greater heights.

  • MIL-Evening Report: Connie Francis was the voice of a generation and the soundtrack of post-war America

    Source: The Conversation (Au and NZ) – By Leigh Carriage, Senior Lecturer in Music, Southern Cross University

    Hulton Archive/Getty Images

    Connie Francis dominated the music charts in the late 1950s and early 1960s with hits like Stupid Cupid, Pretty Little Baby and Don’t Break the Heart That Loves You.

    The pop star, author and actor has died at 87, and will be remembered for recording the soundtrack songs of post-World War II America.

    Francis photographed around 1963.
    Silver Screen Collection/Getty Images

    An early life of music

    Francis was born Concetta Rosa Maria Franconero in Newark, New Jersey, to Italian immigrant parents. At a very early age, Francis was encouraged to take accordion and singing lessons, compete in talent shows, and later she would perform occasionally on the children’s production Star Time Kids on NBC, remaining there until she was 17.

    Within these early recordings you can hear her style begin to develop: her tone, great pitching, her versatility in vocal range. Her vocal delivery is technically controlled and stylistically structured, often nuanced – and even at this early stage demonstrating such power coupled with an adaptability for a broad range of repertoire.

    At 17, Francis signed a contract with MGM Records.

    One of her early recordings was the song Who’s Sorry Now?, written by Ted Snyder with lyrics by Bert Kalmar and Harry Ruby in 1923. Her version was released in 1957 and struggled to get noticed.

    The following year, Francis appeared with the ballad on American Bandstand. This performance exposed Francis’ talent for interpretation and her ability to bridge the teen and adult fanbase.

    The song would become a hit.

    It’s useful to listen to the original version to gain more insight into Francis’ vocal approach and styling. The original is an instrumental song of its time, with light whimsical call and response motives in a foxtrot feel.

    But in Francis’ version, she demonstrates her ability to revitalise a late 1950s pop music aesthetic. In an emotional delivery she croons her own rendition, with the country styling elements of Patsy Cline.

    Connie Francis performing in Milan in 1961.
    Universal Archive/Universal Images Group via Getty Images

    The voice of a generation

    Following Who’s Sorry Now?, Stupid Cupid (1958), Where The Boys Are (1960, the titular song of a feature film starring Francis) and Lipstick on Your Collar (1959) became the soundtrack songs of post-war America.

    Francis was supported with songs penned by the some of the best songwriters from the Brill Building, a creative collective in Manhattan that housed professional songwriters, working with staff writers Edna Lewis and George Goehring.

    In 1960, Francis released her hit Everybody’s Somebody’s Fool written by Jack Keller and Howard Greenfield. It was a teeny-bopper classic, and she became the first women to top the Billboard Hot 100.

    Francis records in the studio with Freddy Quinn at MGM in 1963 in New York.
    PoPsie Randolph/Michael Ochs Archives/Getty Images

    Styled after some of the other greats of the time – such as Frank Sinatra (1915–98), Dean Martin (1917–95) and Louis Prima (1910–70) – Francis’ performance on the Ed Sullivan show highlighted her connection to her Italian heritage and ability to draw from a broad repertoire.

    On the show, she performed Mama and La Paloma. Each performance is very carefully styled, a thoughtful approach to dynamics, sung in both English and Italian.

    Don’t Break the Heart That Loves You, a number one hit from 1962, features Francis’ gorgeous crooning harmonies. Then, the song breaks down into an earnest spoken part and finishes with a powerful belted vocal part of long notes.

    The song is full of confidence and hope.

    Away from the microphone

    Francis had two key roles in films, starring in Where the Boys Are (1960) and the comedy Follow the Boys (1963).

    She was an author of two books. The second, Who’s Sorry Now?, became a New York Times bestseller.

    Francis was involved with humanitarian causes. She was particularly involved with Women Against Rape, following her own violent rape in 1974, and the Valour Victims Assistance Legal Organisation, dedicated to supporting the legal rights of crime victims. A lesser known song in her repertoire, fitting to include here, is her version of Born Free from 1968.

    As a singer, Francis worked at her craft and transitioned effortlessly from one genre to another, performing for over five decades. She will be remembered as a trailblazing solo artist, leaving a strong legacy in popular music culture.

    She was the voice of one generation when she was a star. And in her final year she became the voice of a new generation as Pretty Little Baby, released in 1962, went viral on TikTok, with more than 1.4 million videos using her voice to share stories of their lives.

    Francis performs in Atlantic City, New Jersey, in 2009.
    Bobby Bank/WireImage

    Leigh Carriage 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. Connie Francis was the voice of a generation and the soundtrack of post-war America – https://theconversation.com/connie-francis-was-the-voice-of-a-generation-and-the-soundtrack-of-post-war-america-261467

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Mark Latham’s portrait may come off federal caucus wall

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

    The Labor caucus tolerates having the odd “rat” among the photos of ALP leaders on the party room wall, but Mark Latham may have now pushed it too far.

    After the latest bizarre scandal surrounding the one-time federal Labor leader, who is an independent in the NSW upper house, there is a push to remove his image from the federal caucus gallery.

    Discussions are underway within Labor. No comment could be obtained from Prime Minister Anthony Albanese who was on his way back from China. But if the caucus women want to see the Latham photo go, that’s likely to be what happens.

    Social Services Minister Tanya Plibersek said on Friday, “I’m sure that there are plenty of people scratching their heads about his portrait being up in the caucus room and giving consideration to whether it’s appropriate or not”.

    Latham has a long record of scandal and offensive behaviour. In the most recent episode, his former partner, Nathalie Matthews, has accused him of a “sustained pattern” of domestic abuse, in a civil court application for an apprehended violence order. Among other things, she alleged he pressured her to take part in “degrading” sex acts.

    Text messages between the two have also been published this week in which Latham sent Matthews photos of and disparaging comments about female members of the state parliament.

    Latham has denied the Matthews’ allegations of domestic abuse and basically shrugged off a barrage of criticism of his photographing female politicians in the chamber without their consent (although he has apologised to at least one of them).

    Plibersek said Latham’s behaviour would see him sacked from any other workplace.

    Latham was federal Labor leader from December 2003 to January 2005. As the new leader he was considered to have a prospect of winning the 2004 election, although in the event the Coalition increased its majority. At the end of that campaign he attracted negative publicity for an aggressive handshake with then prime minister John Howard, when they crossed paths.

    Latham was initially elected to the NSW parliament under the banner of One Nation but fell out with Pauline Hanson.

    In 2024 he lost a defamation case brought by NSW crossbencher Alex Greenwich after Latham targeted him in a homophobic post on social media. Recently Latham revealed details, under parliamentary privilege, of a confidential psychologist report regarding Greenwich.

    Plibersek said it was “extraordinary that he was elected to the New South Wales parliament in the first place with his sort of track record.

    “The voters who put him there I’m sure would be really experiencing a bit of buyer’s remorse when they look at his behaviour; the way that he is spending his time in parliament certainly is not delivering value for taxpayers’ dollars.”

    Plibersek said when Latham became opposition leader she had “a little cry after work”. Latham beat Kim Beazley for the post after the leadership of Simon Crean collapsed.

    “I didn’t see evidence of this sort of behaviour back in the day, but I always had my doubts about him as a political figure, and I think those doubts have only increased in recent decades as his behaviour has become worse and more extreme.”

    Latham was a protege of Gough Whitlam, for whom he worked as a researcher. He held Whitlam’s former seat of Werriwa.

    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. Mark Latham’s portrait may come off federal caucus wall – https://theconversation.com/mark-lathams-portrait-may-come-off-federal-caucus-wall-261093

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Africa: Call to address widening insurance protection gap

    Source: Government of South Africa

    With the surge in natural disasters in the last decade, the Governor of the South African Reserve Bank (SARB), Lesetja Kganyago, has called on leaders in the Group of Twenty (G20) to bridge the gap in the natural catastrophe insurance protection gap.

    The gap refers to the difference between total economic losses and insured losses caused by natural catastrophe (NatCat) events.

    “Addressing the Natural Catastrophe Insurance protection gap is both urgent and consequential for both developed and emerging market economies.

    “The frequency and intensity of natural disasters are increasing, causing significant damage to property and infrastructure, impacting lives and livelihoods, and resulting in tremendous loss of life. The risks are global, but the burden is deeply unequal,” Kganyago explained.

    The Governor was speaking during the G20 Finance Ministers and Central Bank Governors (FMCBG) meetings in Durban on Thursday. 

    He was addressing senior leaders from governments, central banks and supervisors,  the private sector, and international organisations at a side event that discussed strategies and solutions for addressing  the widening insurance protection gap.

    NatCat protection gaps present a global challenge, affecting both advanced and emerging market and developing economies (EMDEs), and therefore require global responses. 

    In recent decades, damages and losses from NatCat events have surged due to the growing frequency and severity of extreme weather events, exacerbated by climate change.

    While insurance markets play a crucial role in mitigating the financial impacts stemming from these damages, their ability to offer adequate coverage is increasingly being challenged, leading to a widening insurance protection gap against NatCat events.

    “In many emerging and developing economies, the costs of these disasters are magnified by limited financial and significant lack of insurance protection.

    “Globally, it is estimated that over half of natural disaster losses remain uninsured. In EMDEs, that figure often exceeds 70%. South Africa, for example, is estimated at 71% and India at around 91%. This leaves households, businesses and governments dangerously exposed, compounding economic shock and slowing development for years or even decades,” the Governor said.

    Emerging market and developing economies face disproportionately higher protection gaps due to low insurance penetration, affordability challenges, underdeveloped insurance markets, and insufficient access to risk models and data.

    Significant insurance protection gaps are also observed in advanced economies, including Europe. In recent years, promoting insurance protection against NatCat events has become an important priority for policymakers and the international community.

    “From a central banking perspective and financial stability perspective, this is not a peripheral issue but a core issue. Uninsured losses from natural disasters can undermine economic stability, threaten the solvency of financial institutions and disrupt credit flows.

    “Moreover, when governments must step in with emergency funds or debt finance reconstruction, it places additional strain on already limited fiscal space,” he said.

    For central banks, policymakers and supervisors, bridging this protection gap is part of building macro financial resilience, the Governor said.

    Call for improved mechanisms

    “It calls for stronger risk sharing mechanisms, improved data and modelling of climate related risks and innovative insurance solutions such as parametric instruments, catastrophe bonds and regional risk pools.

    “More importantly, it requires a coordinated and collaborative effort across governments, insurance supervisors, the private sector, international organisations, multilateral development institutions and local communities to embed financial resilience into our climate and development strategies,” Kganyago said.

    He encouraged the global leaders to recognise that resilience is not built in the aftermath of disasters but in the deliberate and proactive planning and actions before they occur.

    “Insurance is not a luxury; it is a foundational and critical tool for sustainable development. Let’s think boldly about how we can address this protection gap beyond innovative products to include appropriate policies and regulations that are inclusive, accessible and tailored to jurisdictional instances, especially considering the realities of EMDEs,” the Governor said.

    The G20 South African Presidency, in collaboration with the International Association of Insurance Supervisors (IAIS) and the World Bank Group (WBG), hosted this side event during the G20 Finance Ministers and Central Bank Governors (FMCBG) meetings.

    The event focused on improving financial resilience and enhancing broader disaster risk mitigation strategies by identifying and addressing insurance protection gaps.

    Input paper 

    South Africa assumed the G20 Presidency on 1 December 2024 until 30 November 2025 under the theme: “Solidarity, Equality and Sustainability”.

    This initiative forms part of the G20 Sustainable Finance Working Group (SFWG) priority of scaling up finance for adaptation and just transitions, as discussed in an IAIS-WBG input paper, which will be published next week.

    The paper serves as a ‘guide for action’ to help jurisdictions narrow NatCat insurance protection gaps. The paper outlines practical and implementable actions that governments, supervisors, and the insurance industry can take, with a particular focus on EMDEs. 

    From 21 July 2025, the input paper can be accessed on the G20 SFWG website: https://g20sfwg.org/document-repository/.
    SAnews.gov.za

    MIL OSI Africa