Category: Business

  • MIL-Evening Report: Japanese encephalitis has claimed a second life in NSW and been detected in Brisbane. What is it?

    Source: The Conversation (Au and NZ) – By Cameron Webb, Clinical Associate Professor and Principal Hospital Scientist, University of Sydney

    encierro/Shutterstock

    A second man has died from Japanese encephalitis virus in New South Wales on March 6, the state’s health authorities confirmed on Friday. Aged in his 70s, the man was infected while holidaying in the Murrumbidgee region.

    This follows the death of another man in his 70s in Sydney last month, after holidaying in the same region in January.

    Japanese encephalitis virus has also been detected for the first time in mosquitoes collected in Brisbane’s eastern suburbs, Queensland health authorities confirmed on Saturday.

    With mosquito activity expected to increase thanks to flooding rains brought by Ex-Tropical Cyclone Alfred, it’s important to protect yourself from mosquito bites.

    What is Japanese encephalitis virus?

    Japanese encephalitis is one of the most serious diseases that spreads via mosquitoes, with around 68,000 cases annually across Southeast Asia and Western Pacific regions.

    The virus is thought to be maintained in a cycle between mosquitoes and waterbirds. Mosquitoes are infected when they feed from an infected waterbird. They then pass the virus to other waterbirds. Sometimes other animals, and people, can be infected.

    Pigs are also a host, and the virus has spread through commercial piggeries in Victoria, NSW and Queensland. (But it poses no food safety risk.)

    Feral pigs and other animals can also play a role in transmission cycles.

    What are the symptoms?

    Most people infected show no symptoms.

    People with mild cases may have a fever, headache and vomiting.

    In more serious cases – about one in 250 people infected – people may have neck stiffness, disorientation, drowsiness and seizures. Serious illness can have life-long neurological complications and, in some cases, the infection can be life-threatening.

    There’s no specific treatment for the disease.

    When did Japanese encephalitis get to Australia and why is it in Brisbane?

    Outbreaks of Japanese encephalitis had occurred in the Torres Strait during the 1990s. The virus was also detected in the Cape York Peninsula in 1998.

    There had been no evidence of activity on the mainland since 2004 but everything changed in the summer of 2021–22. Japanese encephalitis virus was detected in commercial piggeries in southeastern Australia during that summer.

    This prompted the declaration of a Communicable Disease Incident of National Significance. At the time, flooding accompanying the La Niña-dominated weather patterns and a resulting boom in mosquito numbers, and waterbird populations, was thought responsible.

    The virus has spread in subsequent years and has been detected in the mosquito and arbovirus surveillance programs as well as detection in feral pigs and commercial piggeries in most states and territories. Only Tasmania has remained free of Japanese encephalitis virus.

    Human cases of infection have also been reported. There were more than 50 cases of disease and seven deaths in 2022.

    Cases of Japanese encephalitis have already been reported from Queensland in 2025.

    Due to concern about Japanese encephalitis virus and other mosquito-borne pathogens, health authorities around Australia have expanded and enhanced their surveillance programs.

    In Queensland, this includes mosquito monitoring at a number of locations, including urban areas of southeast Queensland. Mosquitoes collected in this monitoring program tested positive for Japanese encephalitis virus, promoting the current health warnings.

    Why is its detection in Brisbane important?

    Up to now, scientists have thought the risk of Japanese encephalitis was likely greatest following seasons of above-average rainfall or flooding. This provides ideal conditions for waterbirds and mosquitoes.

    But the activity of Japanese encephalitis virus over the summer of 2024–25 has taken many scientists by surprise. Before Ex-Tropical Cyclone Alfred arrived, there had been somewhat dry conditions with less waterbird activity and low mosquito numbers in many regions of eastern Australia.

    However there has still been widespread Japanese encephalitis virus activity in Victoria, NSW and Queensland.

    To date, Japanese encephalitis virus activity hasn’t extended to the coastal regions of southeast Queensland. The detection of the virus in suburban Brisbane may require authorities to rethink exactly where the virus may turn up next. Authorities are ramping up their surveillance to see just how widespread the virus is in the region.

    Health authorities and scientists are also trying to understand how the virus moved from western areas of the state to the coast and what drives virus transmission in different regions.

    There is currently no evidence the virus is active in coastal regions of northern NSW.

    Mosquitoes collected in Brisbane have tested positive for Japanese encephalitis virus.
    A/Prof Cameron Webb (NSW Health Pathology)

    What can people do to protect themselves?

    Avoiding mosquito bites is the best way to reduce the risk of Japanese encephalitis virus.

    Cover up with long-sleeved shirts and long pants for a physical barrier against mosquito bites.

    Use topical insect repellents containing DEET, picaridin, or oil of lemon eucalyptus. Be sure to apply an even coat on all exposed areas of skin for the longest-lasting protection.

    Ensure any insect screens on houses, tents and caravans are in good repair and reduce the amount of standing water in the backyard. The more water there is around your home, the more opportunities for mosquitoes there are.

    A safe and effective vaccine is available against Japanese encephalitis. Each state and territory health authority (for example Queensland, NSW, Victoria) have specific recommendations about access to vaccinations.

    It may take many weeks following vaccination to achieve sufficient protection, so prioritise reducing your exposure to bites in the meantime.

    Cameron Webb and the Department of Medical Entomology, NSW Health Pathology and University of Sydney, have been engaged by a wide range of insect repellent and insecticide manufacturers to provide testing of products and provide expert advice on medically important arthropods, including mosquitoes. Cameron has also received funding from local, state and federal agencies to undertake research into various aspects of management of various medically important arthropods.

    Andrew van den Hurk has received funding from local, state and federal agencies to study the ecology of mosquito-borne pathogens, and their surveillance and control. He is an employee of the Department of Health, Queensland government.

    ref. Japanese encephalitis has claimed a second life in NSW and been detected in Brisbane. What is it? – https://theconversation.com/japanese-encephalitis-has-claimed-a-second-life-in-nsw-and-been-detected-in-brisbane-what-is-it-252373

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Asia-Pac: President Lai addresses opening of 2025 Yushan Forum

    Source: Republic of China Taiwan

    Details
    2025-03-13
    President Lai attends Ministry of Foreign Affairs 2025 Spring Banquet  
    On the evening of March 13, President Lai Ching-te attended the Ministry of Foreign Affairs 2025 Spring Banquet for foreign ambassadors and representatives stationed in Taiwan. In remarks, President Lai thanked our diplomatic allies and like-minded countries for continuing to demonstrate their high regard and support for Taiwan at international venues. The president stated that a stronger Taiwan will be able to contribute even more to the world, explaining that is why he established the National Climate Change Committee, the Whole-of-Society Defense Resilience Committee, and the Healthy Taiwan Promotion Committee. He added that he hopes to pool our strengths so as to formulate national development strategies and enhance Taiwan’s international collaboration. The president also expressed hope of developing opportunities for cooperation with other countries across many domains to jointly advance democracy, peace, and prosperity throughout the region and around the world. A translation of President Lai’s remarks follows: Today is my first time attending the Ministry of Foreign Affairs Spring Banquet since becoming president. It is a pleasure to be able to meet and socialize with esteemed guests from other countries and good friends from all sectors of Taiwan. The global landscape has changed rapidly over the past year. Geopolitical volatility, the restructuring of supply chains, technological advancements, and other factors have had a profound impact on nations’ strategic plans. I want to take this opportunity to thank our diplomatic allies and like-minded countries for continuing to demonstrate their high regard and support for Taiwan at international venues. Last month, the leaders of the United States and Japan, the US secretary of state and the foreign ministers of Japan and the Republic of Korea, and the G7 foreign ministers all issued joint statements emphasizing the importance of peace and stability across the Taiwan Strait, underscoring Taiwan’s vital role in global progress and prosperity.  I would especially like to thank members of the diplomatic corps for working with us to build even closer partnerships between our countries. I have always believed that a stronger Taiwan will be able to contribute even more to the world. That is why, after taking office, I established the National Climate Change Committee, the Whole-of-Society Defense Resilience Committee, and the Healthy Taiwan Promotion Committee under the Office of the President. These committees continue to address global concerns and seek to solve important issues that impact our own people. I hope to pool our strengths so as to formulate national development strategies and enhance Taiwan’s international collaboration.  Last year, I visited our Pacific allies – the Republic of the Marshall Islands, Tuvalu, and the Republic of Palau. I deeply appreciated our friends’ warm hospitality and came to feel very deeply that we are like a family. Through local visits and mutual exchanges, we deepened our diplomatic alliances and cooperation, creating win-win outcomes. We also showed Taiwan’s determination to work with allies to tackle the many challenges related to climate change, net-zero transition, and digital transformation. At the start of this month, Taiwan hosted the first-ever workshop on whole-of-society defense resilience under the Global Cooperation and Training Framework. Experts and scholars from 30 countries participated in the discussions. I once again thank the diplomatic corps for their support and assistance. In the future, we look forward to developing opportunities for cooperation with other countries across many domains to jointly advance democracy, peace, and prosperity throughout the region and around the world. In the face of authoritarian expansion, Taiwan will continue to bolster its national defense capabilities. We will stand shoulder to shoulder with fellow democracies to demonstrate the strength of deterrence. We will also join hands to build non-red supply chains, strengthen our economic resilience, and promote an initiative on semiconductor supply chain partnerships for global democracies. All of this will ensure steady technological and economic development.  In my New Year’s Day address, I said that in this new year, we have many more brilliant stories of Taiwan to share with the world. Everyone gathered here tonight is a dear friend of Taiwan. And each of you plays an important role in the stories this land has to tell.  I am deeply grateful to you all for the incredible efforts you make in support of Taiwan. In so many ways, you connect Taiwan to the rest of the world and allow the world to see the many different sides of this amazing nation. I believe that through even deeper and more extensive cooperation, we will create many more wonderful stories of Taiwan and build an even brighter future together. I wish you all a pleasant evening. Also in attendance at the event were Dean of the Diplomatic Corps and Saint Vincent and the Grenadines Ambassador Andrea Clare Bowman and other members of the foreign diplomatic corps in Taiwan.

    Details
    2025-03-04
    President Lai meets US Heritage Foundation founder Dr. Edwin Feulner
    On the afternoon of March 4, President Lai Ching-te met with a delegation led by founder of the US-based Heritage Foundation Dr. Edwin Feulner. In remarks President Lai thanked the foundation for publishing the 2025 Index of Economic Freedom, in which Taiwan ranked fourth globally and which recognized Taiwan’s sound legal foundation and ideal investment environment. The president said that Taiwan and the United States are important economic and trade partners and engage closely in industrial exchange. The president also expressed hope to expand investment in and procurement from the US in such areas as high-tech, energy, and agricultural products, and to work with the US and other democratic partners to create more resilient and diverse semiconductor supply chains to address new circumstances. A translation of President Lai’s remarks follows: It is a pleasure to welcome Dr. Feulner back to Taiwan today. I recall meeting with Dr. Feulner and Heritage Foundation President Kevin Roberts here at the Presidential Office at the end of last February. We had a fruitful discussion on Taiwan-US relations and regional affairs. When President Donald Trump was elected for his first term, Dr. Feulner played a crucial role in the administration’s transition team. Today, I look forward to hearing his thoughts on possible ways to further deepen relations between Taiwan and the US. I would like to thank the Heritage Foundation for publishing the 2025 Index of Economic Freedom, in which Taiwan ranked fourth globally. The report also recognized Taiwan’s sound legal foundation and ideal investment environment. Taiwan and the US are important economic and trade partners and engage closely in industrial exchange. The Taiwan Semiconductor Manufacturing Company’s (TSMC) historic US$65 billion investment in Arizona–negotiated and finalized during President Trump’s first term–is a case in point. And today, TSMC Chairman C.C. Wei (魏哲家) and President Trump jointly announced that the company would be expanding its investment in the US with new facilities. Looking ahead, we hope to expand investment in and procurement from the US in such areas as high-tech, energy, and agricultural products. We also look forward to working with the US and other democratic partners to create more resilient and diverse semiconductor supply chains to address new circumstances. At present, we continue to face authoritarian expansionism. As a country that deeply loves and staunchly defends freedom, Taiwan will collaborate with the US and other like-minded countries to maintain regional peace and stability. I would like to thank President Trump for his recent joint statement with Japanese Prime Minister Ishiba Shigeru, which emphasized the importance of maintaining peace and stability across the Taiwan Strait. And last month, the US was also part of a G7 foreign ministers’ statement in which “they strongly opposed any attempts to change unilaterally the status quo using force.” We firmly believe that only peace attained through one’s own strength can truly be called peace. Currently, Taiwan’s defense budget stands at approximately 2.5 percent of GDP. Going forward, the government will prioritize special budget allocations to ensure that Taiwan’s defense budget exceeds 3 percent of GDP. Also, we will continue to reform national defense in the conviction that help comes most to those who help themselves. This will allow us to contribute even more to regional peace and stability. In closing, I once again thank Dr. Feulner for visiting and for demonstrating support of Taiwan. I wish you all a smooth and successful trip. Dr. Feulner then delivered remarks, first stating that on behalf of his successor, President Roberts, and all of his colleagues at the Heritage Foundation, it is his pleasure to present President Lai with the first copy of the 2025 Index of Economic Freedom. Pointing out that in the Index the Republic of China (Taiwan) is number four of 176 countries around the world in terms of its economic freedom, Dr. Feulner extended his congratulations to President Lai.  Dr. Feulner said he looks forward to a discussion about the present situation and how we can improve relations between the US and Taiwan. Dr. Feulner expressed his gratitude on hearing the wonderful announcement from TSMC, which was released right before his visit, that it will be expanding its investment in the US. In past trips, he said, he has had the opportunity to visit the TSMC headquarters in Taiwan, and fairly recently he has had the opportunity to view the site in Arizona where the construction continues and where the initial operations are beginning. He stated that they are proud to have TSMC now as an integral part of our responsible bilateral relationship. Dr. Feulner noted that while TSMC is of course very big, he also wants to express appreciation for all of the hundreds and hundreds of Taiwan-based companies that are strong, close partners throughout the US with American companies and with American people in terms of making a close and unified alliance of two freedom-loving countries.

    Details
    2025-03-04
    President Lai attends opening ceremony of GCTF Workshop on Whole-of-Society Resilience Building, Preparation, and Response
    On the morning of March 4, President Lai Ching-te attended the opening ceremony of the Global Cooperation and Training Framework (GCTF) Workshop on Whole-of-Society Resilience Building, Preparation, and Response. In remarks, President Lai stated that global challenges such as extreme weather, pandemics, and energy crises continue to emerge, and growing authoritarianism presents a grave threat to freedom-loving countries. These challenges have no borders, he said, and absolutely no single country can face them alone. The president said that as a responsible member of the international community, Taiwan is both willing and able to contribute even more to the democracy, peace, and prosperity of the world, and that the GCTF is an important platform where Taiwan can make those contributions by sharing its experiences with the rest of the world. President Lai indicated that Taiwan will join the forces of the central and local governments to enhance social resilience across the board, enhance disaster response capabilities in the community, and leverage its strengths to make contributions to the international community. He said that we are demonstrating to the world our determination to create an even more resilient Taiwan, and expressed hope to advance mutual assistance and exchanges with all the countries involved, so that we can together promote stability and prosperity around the world. A transcript of President Lai’s remarks follows: To begin, I would like to welcome more than 60 distinguished guests from 30 countries, as well as experts from Taiwan. You are all here for this GCTF workshop to discuss whole-of-society resilience building, preparation, and response. As a responsible member of the international community, Taiwan is both willing and able to contribute even more to the democracy, peace, and prosperity of the world. The GCTF is an important platform where Taiwan can make those contributions by sharing its experiences with the rest of the world. I want to thank our full GCTF partners, the United States, Japan, Australia, and Canada. Over the past several years, we have worked with even more countries through this framework and have expanded our exchanges into even more fields. Together, we have met all kinds of new challenges. I am confident that as our cooperation grows stronger, so will our ability to promote global progress. Each of today’s guests is contributing a vital force in that regard. I extend my sincere thanks to you all. Global challenges such as extreme weather, pandemics, and energy crises continue to emerge. And growing authoritarianism presents a grave threat to freedom-loving countries. These challenges have no borders, and absolutely no single country can face them alone. Taiwan holds a key position on the first island chain, and stands at the very frontline of the defense of democracy. With this joint workshop, we are demonstrating to the world our determination to create an even more resilient Taiwan. We are also aiming to advance our mutual assistance and exchanges with all the countries involved, so that we can make our societies more resilient and together promote stability and prosperity around the world. Moving forward, we will continue advancing the following three initiatives: First, we will join the forces of the central and local governments to enhance social resilience across the board. Just last year, I established the Whole-of-Society Defense Resilience Committee at the Presidential Office. Civilian force training, strategic material preparation, and critical infrastructure operation and maintenance are all key discussion areas for our committee. These aim to enhance Taiwan’s resilience in national defense, economic livelihoods, disaster prevention, and democracy. They are also items on the agenda for this GCTF workshop. To cover all the bases, Taiwan must unite and cooperate as a team. Last year, our committee held the very first cross-sector tabletop exercise at the Presidential Office which included central and local government officials as well as civilian observers. We aim to test the government’s emergency response capabilities in high-intensity gray-zone operations and near-conflict situations. We will continue to hold exercises to help the central and local governments work together more efficiently, and strengthen Taiwan’s overall disaster response capabilities. Second is to enhance disaster response capabilities in the community. We fully understand that to build whole-of-society resilience, we must help people increase risk awareness, know how to respond to disasters, and develop abilities to help themselves, help one another, and work together. We are grateful to the American Institute in Taiwan (AIT) for collaborating with the Taiwan Development Association for Disaster Medical Teams to host “Take Action” workshops around the country since 2021. A 2.0 version is already in practice, and continues to train the public in first aid skills. Director of the AIT Taipei Office Raymond Greene and I took part in a Take Action event in New Taipei City last year and personally saw the positive outcomes of the training. In addition to the Take Action workshops, the government is also providing Disaster Relief Volunteer training for ages 11 to 89, and is continuing to expand its target audience. We have also set up Taiwan Community Emergency Response Teams at key facilities nationwide, enhancing the ability of these important facilities to respond independently to disasters. Civilian training will continue to be refined and expanded so that members of the public can serve as important partners in government-led disaster prevention and relief. Third, we will leverage Taiwan’s strengths to make contributions to the international community. The inspiration for our Disaster Relief Volunteer training comes from a similar program run by The Nippon Care-Fit Education Institute in Japan. I am confident that through exchanges like this workshop, Taiwan and other countries can also inspire one another in many areas, and enhance whole-of-society resilience in multiple ways. Taiwan also excels in information and communications and advanced technology. We will set up even more robust cybersecurity systems, expand usage of emerging technologies, and improve the ways we maintain domestic security. We hope that by leveraging our capabilities and sharing our experiences, Taiwan can contribute even more to the international community. I want to welcome all our partners once again, and thank AIT for co-hosting this event. Let’s continue down the path of advancing global security and developing resilience together. Because together, we can travel farther, and we can travel longer. Also in attendance at the event were Japan-Taiwan Exchange Association Deputy Representative Takaba Yo, Australian Office in Taipei Representative Robert Fergusson, and Canadian Trade Office in Taipei Executive Director Jim Nickel.

    Details
    2025-02-24
    President Lai meets Japanese House of Representatives Member Tamaki Yuichiro
    On the afternoon of February 24, President Lai Ching-te met with Japanese House of Representatives Member Tamaki Yuichiro. In remarks, President Lai noted that Taiwan and Japan are important trading partners. The president expressed hope that, in addition to semiconductors, Taiwan and Japan can also bolster cooperation in the fields of hydrogen energy and drones and build non-red supply chains, thus creating economic win-win situations and maintaining peace and stability in the Indo-Pacific region and globally. A translation of President Lai’s remarks follows: I would like to start by warmly welcoming Representative Tamaki on his first trip to Taiwan. Now is a key moment for the cooperative ties between Taiwan and Japan, and the fact that Representative Tamaki has chosen to take time out of his busy schedule to make this trip demonstrates his especially meaningful support for Taiwan. For this I want to express my deepest gratitude. At the beginning of this month, Japan and the United States held a summit meeting. In the post-summit joint leaders’ statement the government of Japan reiterated the importance of maintaining peace and stability across the Taiwan Strait, opposed any attempts to unilaterally change the status quo by force or coercion, and expressed support for Taiwan’s meaningful participation in international organizations. I would like to thank the government of Japan for these statements. Taiwan and Japan are both responsible members of the international community. I welcome an even firmer friendship between Japan and the US and hope to see cooperation among Taiwan, Japan, and the US become a solid force in consolidating peace and stability in the Indo-Pacific region. In addition to complex international conditions, we now also face the threat of China’s red supply chain. More and more countries are becoming increasingly concerned about such issues as economic security and supply chain resilience. As authoritarianism consolidates, democratic nations must also come closer in solidarity. Taiwan and Japan are important trading partners. I hope that, in addition to semiconductors, Taiwan and Japan can also bolster cooperation in the fields of hydrogen energy and drones, and that we can build non-red supply chains, thus creating economic win-win situations and maintaining peace and stability in the Indo-Pacific region and globally. Lastly, I would like once again to welcome Representative Tamaki to Taiwan and wish him a successful visit. I hope he departs Taiwan with a deep impression and that he will visit again. Representative Tamaki then delivered remarks, noting that this was his first visit to Taiwan and thanking President Lai and officials of the Taiwan government for their warm welcome. Pointing out that Taiwan-Japan ties are closer than ever thanks to the major efforts made on this front by President Lai since taking office, Representative Tamaki expressed his admiration and gratitude. Representative Tamaki pointed out that in a changing global landscape, Taiwan, Japan, and the Indo-Pacific region all face major changes, but he firmly believes that Taiwan-Japan relations will develop even further. Recalling President Lai’s previous remarks, the representative said that Japan and the US recently held a summit meeting that yielded important results. In the joint leaders’ statement, he noted, the two sides made a clear commitment regarding peace and stability across the Taiwan Strait and firmly opposed any attempts to unilaterally change the status quo by force or coercion. Representative Tamaki said that the ruling Liberal Democratic Party and the Komeito did not win a majority in last year’s House of Representatives general elections, while the number of seats held by his own Democratic Party for the People quadrupled. This result, he said, has filled him with a feeling of great responsibility. Moving forward, he intends to continue promoting Taiwan-Japan cooperation and strengthening relations. Also in attendance at the meeting was Japan-Taiwan Exchange Association Taipei Office Chief Representative Katayama Kazuyuki.

    Details
    2025-02-21
    President Lai meets Abe Akie, wife of late Prime Minister Abe Shinzo of Japan
    On the morning of February 21, President Lai Ching-te met with Abe Akie, the wife of late Prime Minister Abe Shinzo of Japan. In remarks, President Lai thanked Mrs. Abe for carrying on the legacy of former Prime Minister Abe, being a benevolent and determined force for regional peace and prosperity, and calling on all parties to continue to place attention on peace in the Taiwan Strait. The president stated that Taiwan will carry on the legacy and spirit of former President Lee Teng-hui and former Prime Minister Abe, safeguard the values of freedom and democracy, and deepen the Taiwan-Japan friendship. A translation of President Lai’s remarks follows: Last May, Mrs. Abe came to Taiwan to attend the inauguration ceremony for myself and Vice President Bi-khim Hsiao, and we reminisced about the past here at the Presidential Office. I would like to warmly welcome her back today. I am also delighted to be meeting with all guests in attendance. Yesterday, Mrs. Abe and I attended the opening of the very first Halifax Taipei forum, for which Mrs. Abe also delivered a keynote speech earlier today. In her speech, she offered valuable input on global security and democratic development. I would like to thank Mrs. Abe for making this special trip to Taiwan to take part, showing her strong support for Taiwan. Former Prime Minister Abe pioneered the vision of a free and open Indo-Pacific, and called on the international community to pay attention to peace and stability in the Taiwan Strait and Indo-Pacific. These have become common strategic goals of democratic countries around the world and will have a far-reaching influence over international developments and Taiwan’s security. They were important contributions that former Prime Minister Abe made in regard to the Taiwan Strait and the Indo-Pacific region. Recently, current Prime Minister of Japan Ishiba Shigeru and United States President Donald Trump held a meeting and jointly reiterated the importance of peace and stability across the Taiwan Strait, as well as opposed unilateral changes to the status quo by force or coercion. They also expressed support for Taiwan’s participation in international organizations. This shows that Prime Minister Ishiba is furthering the legacy of former Prime Minister Abe. We are very grateful for the former prime minister’s friendship toward Taiwan, and to Mrs. Abe for carrying on his legacy. Mrs. Abe is a benevolent and determined force for regional peace and prosperity, and has called on all parties at numerous public venues to continue to place attention on peace in the Taiwan Strait. Last December, for instance, she traveled at the invitation of President Trump and his wife to the US, where she addressed cross-strait issues and spoke up for Taiwan. We were deeply moved by this. As authoritarian states continue to expand, Taiwan will keep working alongside like-minded nations such as Japan and the US, as well as the European Union, to jointly contribute to regional and global peace and prosperity. I look forward to continued advancement of regional peace and prosperity with the help of Mrs. Abe’s efforts. Mrs. Abe will also be meeting with daughter of former President Lee and Lee Teng-hui Foundation Chairperson Annie Lee (李安妮) tomorrow. Former President Lee and former Prime Minister Abe were both fully devoted to promoting Taiwan-Japan relations. We will carry on their legacy and spirit, safeguard the values of freedom and democracy, and deepen the Taiwan-Japan friendship. In closing, I wish you all a smooth and successful visit. Mrs. Abe then delivered remarks, first expressing her sincere thanks to President Lai for taking the time to meet. She said that former Prime Minister Abe hailed from Yamaguchi Prefecture, and that accompanying her that day were House of Councillors Member Kitamura Tsuneo, Yamaguchi Prefecture Governor Muraoka Tsugumasa, Yamaguchi Prefectural Assembly Deputy Speaker Shimata Noriaki, and many other important figures from Yamaguchi. If former Prime Minister Abe’s spirit could look upon this scene, she said, he would certainly be very pleased. Mrs. Abe recalled that when the former prime minister passed away, then-Vice President Lai traveled to their official residence to express his condolences and pay tribute. She said that she will never forget such a gesture of deep friendship, heartfelt condolences, and care. The year before last, she indicated, a memorial photo exhibition for former Prime Minister Abe was held in Taiwan, and many Taiwanese people from all walks of life came to view it. Last year, Mrs. Abe continued, she had the privilege of attending President Lai’s inauguration ceremony, where she met with many friends from Taiwan and personally felt the close and beautiful ties that Taiwan and Japan share. Mrs. Abe stated that she will carry out the wishes of former Prime Minister Abe and do her utmost to help raise Taiwan-Japan relations to new heights, saying that she looks forward to hearing the advice that President Lai and all those present have to offer. The delegation also included Japan-Taiwan Exchange Association Taipei Office Chief Representative Katayama Kazuyuki.

    Details
    2025-03-13
    President Lai holds press conference following high-level national security meeting
    On the afternoon of March 13, President Lai Ching-te convened a high-level national security meeting, following which he held a press conference. In remarks, President Lai introduced 17 major strategies to respond to five major national security and united front threats Taiwan now faces: China’s threat to national sovereignty, its threats from infiltration and espionage activities targeting Taiwan’s military, its threats aimed at obscuring the national identity of the people of Taiwan, its threats from united front infiltration into Taiwanese society through cross-strait exchanges, and its threats from using “integrated development” to attract Taiwanese businesspeople and youth. President Lai emphasized that in the face of increasingly severe threats, the government will not stop doing its utmost to ensure that our national sovereignty is not infringed upon, and expressed hope that all citizens unite in solidarity to resist being divided. The president also expressed hope that citizens work together to increase media literacy, organize and participate in civic education activities, promptly expose concerted united front efforts, and refuse to participate in any activities that sacrifice national interests. As long as every citizen plays their part toward our nation’s goals for prosperity and security, he said, and as long as we work together, nothing can defeat us. A translation of President Lai’s remarks follows: At many venues recently, a number of citizens have expressed similar concerns to me. They have noticed cases in which members of the military, both active-duty and retired, have been bought out by China, sold intelligence, or even organized armed forces with plans to harm their own nation and its citizens. They have noticed cases in which entertainers willingly followed instructions from Beijing to claim that their country is not a country, all for the sake of personal career interests. They have noticed how messaging used by Chinese state media to stir up internal opposition in Taiwan is always quickly spread by specific channels. There have even been individuals making careers out of helping Chinese state media record united front content, spreading a message that democracy is useless and promoting skepticism toward the United States and the military to sow division and opposition. Many people worry that our country, as well as our hard-won freedom and democracy and the prosperity and progress we achieved together, are being washed away bit by bit due to these united front tactics. In an analysis of China’s united front, renowned strategic scholar Kerry K. Gershaneck expressed that China plans to divide and conquer us through subversion, infiltration, and acquisition of media, and by launching media warfare, psychological warfare, and legal warfare. What they are trying to do is to sow seeds of discord in our society, keep us occupied with internal conflicts, and cause us to ignore the real threat from outside. China’s ambition over the past several decades to annex Taiwan and stamp out the Republic of China has not changed for even a day. It continues to pursue political and military intimidation, and its united front infiltration of Taiwan’s society grows ever more serious. In 2005, China promulgated its so-called “Anti-Secession Law,” which makes using military force to annex Taiwan a national undertaking. Last June, China issued a 22-point set of “guidelines for punishing Taiwan independence separatists,” which regards all those who do not accept that “Taiwan is part of the People’s Republic of China” as targets for punishment, creating excuses to harm the people of Taiwan. China has also recently been distorting United Nations General Assembly Resolution 2758, showing in all aspects China’s increasingly urgent threat against Taiwan’s sovereignty. Lately, China has been taking advantage of democratic Taiwan’s freedom, diversity, and openness to recruit gangs, the media, commentators, political parties, and even active-duty and retired members of the armed forces and police to carry out actions to divide, destroy, and subvert us from within. A report from the National Security Bureau indicates that 64 persons were charged last year with suspicion of spying for China, which was three times the number of persons charged for the same offense in 2021. Among them, the Unionist Party, Rehabilitation Alliance Party, and Republic of China Taiwan Military Government formed treasonous organizations to deploy armed forces for China. In a democratic and free society, such cases are appalling. But this is something that actually exists within Taiwan’s society today. China also actively plots ways to infiltrate and spy on our military. Last year, 28 active-duty and 15 retired members of the armed forces were charged with suspicion of involvement in spying for China, respectively comprising 43 percent and 23 percent of all of such cases – 66 percent in total. We are also alert to the fact that China has recently used widespread issuance of Chinese passports to entice Taiwanese citizens to apply for the Residence Permit for Taiwan Residents, permanent residency, or the Resident Identity Card, in an attempt to muddle Taiwanese people’s sense of national identity. China also views cross-strait exchanges as a channel for its united front against Taiwan, marking enemies in Taiwan internally, creating internal divisions, and weakening our sense of who the enemy really is. It intends to weaken public authority and create the illusion that China is “governing” Taiwan, thereby expanding its influence within Taiwan. We are also aware that China has continued to expand its strategy of integrated development with Taiwan. It employs various methods to demand and coerce Taiwanese businesses to increase their investments in China, entice Taiwanese youth to develop their careers in China, and unscrupulously seeks to poach Taiwan’s talent and steal key technologies. Such methods impact our economic security and greatly increase the risk of our young people heading to China. By its actions, China already satisfies the definition of a “foreign hostile force” as provided in the Anti-Infiltration Act. We have no choice but to take even more proactive measures, which is my purpose in convening this high-level national security meeting today. It is time we adopt proper preventive measures, enhance our democratic resilience and national security, and protect our cherished free and democratic way of life. Next, I will be giving a detailed account of the five major national security and united front threats Taiwan now faces and the 17 major strategies we have prepared in response. I. Responding to China’s threats to our national sovereignty We have a nation insofar as we have sovereignty, and we have the Republic of China insofar as we have Taiwan. Just as I said during my inaugural address last May, and in my National Day address last October: The moment when Taiwan’s first democratically elected president took the oath of office in 1996 sent a message to the international community, that Taiwan is a sovereign, independent, democratic nation. Among people here and in the international community, some call this land the Republic of China, some call it Taiwan, and some, the Republic of China Taiwan. The Republic of China and the People’s Republic of China are not subordinate to each other, and Taiwan resists any annexation or encroachment upon our sovereignty. The future of the Republic of China Taiwan must be decided by its 23 million people. This is the status quo that we must maintain. The broadest consensus in Taiwanese society is that we must defend our sovereignty, uphold our free and democratic way of life, and resolutely oppose annexation of Taiwan by China. (1) I request that the National Security Council (NSC), the Ministry of National Defense (MND), and the administrative team do their utmost to promote the Four Pillars of Peace action plan to demonstrate the people’s broad consensus and firm resolve, consistent across the entirety of our nation, to oppose annexation of Taiwan by China. (2) I request that the NSC and the Ministry of Foreign Affairs draft an action plan that will, through collaboration with our friends and allies, convey to the world our national will and broad social consensus in opposing annexation of Taiwan by China and in countering China’s efforts to erase Taiwan from the international community and downgrade Taiwan’s sovereignty. II. Responding to China’s threats from infiltration and espionage activities targeting our military (1) Comprehensively review and amend our Law of Military Trial to restore the military trial system, allowing military judges to return to the frontline and collaborate with prosecutorial, investigative, and judicial authorities in the handling of criminal cases in which active-duty military personnel are suspected of involvement in such military crimes as sedition, aiding the enemy, leaking confidential information, dereliction of duty, or disobedience. In the future, criminal cases involving active-duty military personnel who are suspected of violating the Criminal Code of the Armed Forces will be tried by a military court. (2) Implement supporting reforms, including the establishment of a personnel management act for military judges and separate organization acts for military courts and military prosecutors’ offices. Once planning and discussion are completed, the MND will fully explain to and communicate with the public to ensure that the restoration of the military trial system gains the trust and full support of society. (3) To deter the various types of controversial rhetoric and behavior exhibited by active-duty as well as retired military personnel that severely damage the morale of our national military, the MND must discuss and propose an addition to the Criminal Code of the Armed Forces on penalties for expressions of loyalty to the enemy as well as revise the regulations for military personnel and their families receiving retirement benefits, so as to uphold military discipline. III. Responding to China’s threats aimed at obscuring the national identity of the people of Taiwan (1) I request that the Ministry of the Interior (MOI), Mainland Affairs Council (MAC), and other relevant agencies, wherever necessary, carry out inspections and management of the documents involving identification that Taiwanese citizens apply for in China, including: passports, ID cards, permanent residence certificates, and residence certificates, especially when the applicants are military personnel, civil servants, or public school educators, who have an obligation of loyalty to Taiwan. This will be done to strictly prevent and deter united front operations, which are performed by China under the guise of “integrated development,” that attempt to distort our people’s national identity. (2) With respect to naturalization and integration of individuals from China, Hong Kong, and Macau into Taiwanese society, more national security considerations must be taken into account while also attending to Taiwan’s social development and individual rights: Chinese nationals applying for permanent residency in Taiwan must, in accordance with the law of Taiwan, relinquish their existing household registration and passport and may not hold dual identity status. As for the systems in place to process individuals from Hong Kong or Macau applying for residency or permanent residency in Taiwan, there will be additional provisions for long-term residency to meet practical needs. IV. Responding to China’s threats from united front infiltration into Taiwanese society through cross-strait exchanges  (1) There are increasing risks involved with travel to China. (From January 1, 2024 to today, the MAC has received reports of 71 Taiwanese nationals who went missing, were detained, interrogated, or imprisoned in China; the number of unreported people who have been subjected to such treatment may be several times that. Of those, three elderly I-Kuan Tao members were detained in China in December of last year and have not yet been released.) In light of this, relevant agencies must raise public awareness of those risks, continue enhancing public communication, and implement various registration systems to reduce the potential for accidents and the risks associated with traveling to China. (2) Implement a disclosure system for exchanges with China involving public officials at all levels of the central and local government. This includes everyone from administrative officials to elected representatives, from legislators to village and neighborhood chiefs, all of whom should make the information related to such exchanges both public and transparent so that they can be accountable to the people. The MOI should also establish a disclosure system for exchanges with China involving public welfare organizations, such as religious groups, in order to prevent China’s interference and united front activities at their outset. (3) Manage the risks associated with individuals from China engaging in exchanges with Taiwan: Review and approval of Chinese individuals coming to Taiwan should be limited to normal cross-strait exchanges and official interactions under the principles of parity and dignity, and relevant factors such as changes in the cross-strait situation should be taken into consideration. Strict restrictions should be placed on Chinese individuals who have histories with the united front coming to Taiwan, and Chinese individuals should be prohibited from coming to Taiwan to conduct activities related in any way to the united front. (4) Political interference from China and the resulting risks to national security should be avoided in cross-strait exchanges. This includes the review and management of religious, cultural, academic, and education exchanges, which should in principle be depoliticized and de-risked so as to simplify people-to-people exchanges and promote healthy and orderly exchanges. (5) To deter the united front tactics of a cultural nature employed by Chinese nationals to undermine Taiwan’s sovereignty, the Executive Yuan must formulate a solution to make our local cultural industries more competitive, including enhanced support and incentives for our film, television, and cultural and creative industries to boost their strengths in democratic cultural creation, raise international competitiveness, and encourage research in Taiwan’s own history and culture. (6) Strengthen guidance and management for entertainers developing their careers in China. The competent authorities should provide entertainers with guidelines on conduct while working in China, and make clear the scope of investigation and response to conduct that endangers national dignity. This will help prevent China from pressuring Taiwanese entertainers to make statements or act in ways that endanger national dignity. (7) The relevant authorities must adopt proactive, effective measures to prevent China from engaging in cognitive warfare against Taiwan or endangering cybersecurity through the internet, applications, AI, and other such tools. (8) To implement these measures, each competent authority must run a comprehensive review of the relevant administrative ordinances, measures, and interpretations, and complete the relevant regulations for legal enforcement. Should there be any shortcomings, the legal framework for national security should be strengthened and amendments to the National Security Act, Anti-Infiltration Act, Act Governing Relations between the People of the Taiwan Area and the Mainland Area, Laws and Regulations Regarding Hong Kong & Macao Affairs, or Cyber Security Management Act should be proposed. Communication with the public should also be increased so that implementation can happen as soon as possible. V. Responding to threats from China using “integrated development” to attract Taiwanese businesspeople and youth (1) I request that the NSC and administrative agencies work together to carry out strategic structural adjustments to the economic and trade relations between Taiwan and China based on the strategies of putting Taiwan first and expanding our global presence while staying rooted in Taiwan. In addition, they should carry out necessary, orderly adjustments to the flow of talent, goods, money, and skills involved in cross-strait economic and trade relations based on the principle of strengthening Taiwan’s foundations to better manage risk. This will help boost economic security and give us more power to respond to China’s economic and trade united front and economic coercion against Taiwan. (2) I request that the Ministry of Education, MAC, Ministry of Economic Affairs, and other relevant agencies work together to comprehensively strengthen young students’ literacy education on China and deepen their understanding of cross-strait exchanges. I also request these agencies to widely publicize mechanisms for employment and entrepreneurship for Taiwan’s youth and provide ample information and assistance so that young students have more confidence in the nation’s future and more actively invest in building up and developing Taiwan. My fellow citizens, this year marks the 80th anniversary of the end of the Second World War. History tells us that any authoritarian act of aggression or annexation will ultimately end in failure. The only way we can safeguard freedom and prevail against authoritarian aggression is through solidarity. As we face increasingly severe threats, the government will not stop doing its utmost to ensure that our national sovereignty is not infringed upon, and to ensure that the freedom, democracy, and way of life of Taiwan’s 23 million people continues on as normal. But relying solely on the power of the government is not enough. What we need even more is for all citizens to stay vigilant and take action. Every citizen stands on the frontline of the defense of democracy and freedom. Here is what we can do together: First, we can increase our media literacy, and refrain from spreading and passing on united front messaging from the Chinese state. Second, we can organize and participate in civic education activities to increase our knowledge about united front operations and build up whole-of-society defense resilience. Third, we can promptly expose concerted united front efforts so that all malicious attempts are difficult to carry out. Fourth, we must refuse to participate in any activities that sacrifice national interests. The vigilance and action of every citizen forms the strongest line of defense against united front infiltration. Only through solidarity can we resist being divided. As long as every citizen plays their part toward our nation’s goals for prosperity and security, and as long as we work together, nothing can defeat us.

    MIL OSI Asia Pacific News

  • MIL-OSI: Bank of Åland Plc: Managers’ Transactions (Wiklöf)

    Source: GlobeNewswire (MIL-OSI)

    Bank of Åland Plc
    Managers’ Transactions
    March 17, 2025, 9.00 EET

    Managers’ Transactions (Wiklöf)

    ___
    Person subject to the notification requirement
    Name: Peter Wiklöf
    Position: Chief Executive Officer
    Issuer: Ålandsbanken Abp
    LEI: 7437006WYM821IJ3MN73
    Notification type: INITIAL NOTIFICATION
    Reference number: 100121/5/4
    ___
    Transaction date: 2025-03-17
    Outside a trading venue
    Instrument type: SHARE
    ISIN: FI0009001127
    Nature of transaction: SUBSCRIPTION

    Transaction details
    (1): Volume: 2159 Unit price: 37.36 EUR

    Aggregated transactions (1):
    Volume: 2159 Volume weighted average price: 37.36 EUR

    For further information, please contact:
    Peter Wiklöf, Managing Director and Chief Executive, tel +358 40 512 7505

    The MIL Network

  • MIL-OSI: Bank of Åland Plc: Managers’ Transactions (Mörn)

    Source: GlobeNewswire (MIL-OSI)

    Bank of Åland Plc
    Managers’ Transactions
    March 17, 2025, 9.00 EET

    Managers’ Transactions (Mörn)

    ___
    Person subject to the notification requirement
    Name: Mikael Mörn
    Position: Other senior manager
    Issuer: Ålandsbanken Abp
    LEI: 7437006WYM821IJ3MN73
    Notification type: INITIAL NOTIFICATION
    Reference number: 100242/5/4
    ___
    Transaction date: 2025-03-17
    Outside a trading venue
    Instrument type: SHARE
    ISIN: FI0009001127
    Nature of transaction: SUBSCRIPTION

    Transaction details
    (1): Volume: 836 Unit price: 37.36 EUR

    Aggregated transactions (1):
    Volume: 836 Volume weighted average price: 37.36 EUR

    For further information, please contact:
    Peter Wiklöf, Managing Director and Chief Executive, tel +358 40 512 7505

    The MIL Network

  • MIL-OSI: Draft resolutions suggested by the Board of Urbo Bankas UAB for the ordinary general shareholders meeting for the year 2025

    Source: GlobeNewswire (MIL-OSI)

    Urbo bankas UAB (hereinafter – “the Bank”), company code 112027077, address: Konstitucijos pr.18B, Vilnius.

    The draft resolutions suggested by the Board of Urbo Bankas UAB on the items of the agenda of the ordinary general shareholders meeting of Bank for the year 2025 (see an attachment).

    The Ordinary General Meeting of Shareholders of  Bankas is convened in 2025 March 21, 11 a.m. at Konstitucijos pr. 18B, Vilnius (4th floor).

    For more information please contact: Head of Business Division Julius Ivaška, ph.: +370 601 04 453, e-mail: media@urbo.lt

    Attachments

    The MIL Network

  • MIL-OSI Asia-Pac: The Nanzih Technology Industrial Park’s first quarter employment recruitment event kicks off on March 21. Six major enterprises will offer over 100 job vacancies.

    Source: Republic Of China Taiwan 2

    The Nanzih Technology Industrial Park (NTIP) will host the first-quarter on-site employment recruitment event on Friday, March 21, bringing together six well-known enterprises, including OSE, ASE Semiconductor, WinWay Technology, Ralec, Taiwan SumiKo Materials Co., LTD., and Sinso Enterprise Co., LTD., offering 139 job vacancies. Salaries go up to NT$42,000 per month, covering positions such as process engineers, equipment maintenance engineers, and environmental management personnel, aiming to attract professionals with relevant backgrounds.
    The Bureau of Industrial Parks (BIP) of the Ministry of Economic Affairs (MOEA) stated that this employment recruitment event not only provides technical and managerial positions but also includes a comprehensive training program to help job seekers integrate into the workplace quickly. Among them, OSE offers positions such as process engineers, quality assurance engineers, and product engineers, with starting salaries of NT$37,000, targeting talents with electronics, electrical engineering, or mechanical engineering backgrounds. Meanwhile, Sinso Enterprise Co., LTD. offers 50 environmental management positions with salaries of up to NT$42,000 per month, along with vacancies for cleaning management supervisors and on-site administrators.
    The employment recruitment event also underscores corporate social responsibility, with OSE establishing a dedicated section for job seekers with disabilities, offering suitable positions tailored to their expertise. This initiative not only expands employment opportunities but also promotes workplace diversity and inclusion.
    The BIP of MOEA emphasized that as NTIP continues to develop as a high-tech industrial hub in southern Taiwan, this employment recruitment event serves as an effective platform for connecting companies with job seekers. Businesses can use this opportunity to recruit top talent, while job seekers can secure employment quickly, creating a win-win situation for all parties.
    Interested job seekers are encouraged to bring their resumes and attend on-site interviews at the New Employee Service Center of Nanzih Technology Industrial Park (3rd Floor, Rooms 304 & 305, No. 8, Xinjian South Road, Nanzih District, Kaohsiung City) on March 21. For more details, visit the event website: https://pse.is/76umpu or contact Ms. He at the Nanzi Employment Service Desk of the Training and Employment Center (07-3640508).

    Contact Person: Liang, Shu-Juan (Industrial Safety and Labor Affairs Section of the Environment and Labor Affairs Division)
    Contact Number: 886-7-3611212 ext. 418
    Email: ab0413@bip.gov.tw

    MIL OSI Asia Pacific News

  • MIL-OSI: 12/2025・Trifork Group: Weekly report on share buyback

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 12 / 2025
    Schindellegi, Switzerland – 17 March 2025

    Trifork Group: Weekly report on share buyback

    On 28 Februay 2025, Trifork initiated a share buyback program in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, (Safe Harbour regulation). The share buyback program runs from 4 March 2025 up to and including no later than 30 June 2025. The buyback program will not be active from 9 to 15 April 2025. For details, please see company announcement no. 7 of 28 February 2025.

    Under the share buyback program, Trifork will purchase shares for up to a total of DKK 14.92 million (approximately EUR 2 million).

    Prior to the launch of the share buyback, Trifork held 256,329 treasury shares, corresponding to 1.3% of the share capital.

    Under the program, the following transactions have been made:

    Date      Number of shares      Average purchase price (DKK)      Transaction value (DKK)
    Total beginning 8,540 81.66 697,337
    10 March 2025 1,468 79.71 117,014
    11 March 2025 2,280 79.62 181,534
    12 March 2025 2,300 79.88 183,724
    13 March 2025 2,300 79.95 183,885
    14 March 2025 2,300 80.80 185,840
    Accumulated 19,188 80.74 1,549,334

    Since the share buyback program was started on 4 March 2025, the total number of repurchased shares is 19,188 at a total amount of DKK 1,549,334.

    With the transactions stated above, Trifork holds a total of 275,517 treasury shares, corresponding to 1.4%.
    The total number of registered shares in Trifork is 19,744,899. Adjusted for treasury shares, the number of outstanding shares is 19,469,382.


    Investor and media contact

    Frederik Svanholm, Group Investment Director & Head of Investor Relations
    frsv@trifork.com, +41 79 357 73 17


    About Trifork

    Trifork is a pioneering global technology partner, empowering enterprise and public sector customers with innovative solutions. With 1,229 professionals across 73 business units in 16 countries, Trifork delivers expertise in inspiring, building, and running advanced software solutions across diverse sectors, including public administration, healthcare, manufacturing, logistics, energy, financial services, retail, and real estate. Trifork Labs, the Group’s R&D hub, drives innovation by investing in and developing synergistic and high-potential technology companies. Trifork Group AG is a publicly listed company on Nasdaq Copenhagen. Learn more at trifork.com.

    Attachment

    The MIL Network

  • MIL-OSI: Bybit Introduces Margin Staked SOL, Balancing Earning Potentials with the Power of Leverage

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, March 17, 2025 (GLOBE NEWSWIRE) —

    Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is thrilled to announce the launch of Margin Staked SOL, an innovative product designed to help users optimize their SOL earnings through leveraged borrowing and staking. With the ability to leverage up to a healthy level of 2x, users can now tap into the demonstrable yield potential of bbSOL, potentially unlocking greater earning opportunities. As of Mar. 17, 2025, the net APR of Bybit Margin Staked SOL on Bybit stood at over 13%.

    Bybit’s Margin Staked SOL redefines earning opportunities on SOL. With the potential to grow SOL holdings by leveraged borrowing and staking, Bybit users stand to significantly enhance on-chain rewards through bbSOL. 

    The platform is designed for a hassle-free experience, allowing for easy borrowing, staking, and earning all in one place. This streamlined approach eliminates the complexities often associated with managing multiple accounts or services. Additionally, users are afforded the flexibility to redeem bbSOL for SOL at any time in two ways—they may opt for Instant Redemption where users can receive their SOL immediately with no gas fee, or for Postponed Redemption for a better exchange rate compared to instant redemption without the gas fee waiver. Both redemption mechanisms ensure user control over their assets and allow them to adapt their strategies as needed.

    How Bybit’s Margin Staked SOL Works:

    • Staking SOL: Users may stake SOL into Margin Staked SOL, enabling the system to automatically borrow funds based on the selected leverage.
    • Earning bbSOL: In return for staking, users will receive bbSOL, Bybit’s Liquid Staking Token, as proof of the staked SOL.
    • Yield Accrual: Users may lock in to grow their bbSOL through optimal rewards allocation managed by Sanctum’s smart contract.
    • Flexible Redemption: bbSOL can be freely redeemed for SOL with any remaining SOL credited to users’ Funding Account after the borrowed amount and borrowed interests are repaid.

    “Our mission is to empower users to help them make the most of their staked assets with innovative solutions,” said Emily Bao, Head of Spot and Web3 at Bybit. “With Margin Staked SOL, we provide a straightforward way for users to leverage their digital assets and take full advantage of the opportunities within decentralized finance.”

    For a detailed guide on how Margin Staked SOL works on Bybit, users may read the Introduction to Margin Staked SOL to get started.

    #Bybit #TheCryptoArk

    About Bybit
    Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

    For more details about Bybit, please visit Bybit Press
    For media inquiries, please contact: media@bybit.com 

    For updates, please follow: Bybit’s Communities and Social Media

    Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

    Contact

    Head of PR
    Tony Au
    Bybit
    tony.au@bybit.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1ef8e80c-e919-4be2-82e9-e7eb22469415

    The MIL Network

  • MIL-OSI: TORRAS Launches COOLiFY Air: Stay Cool, Stay Light with Ultimate Personal Cooling

    Source: GlobeNewswire (MIL-OSI)

    Caption: Stay cool, stay light with TORRAS COOLiFY Air

    HONG KONG, March 17, 2025 (GLOBE NEWSWIRE) — TORRAS has just dropped the COOLiFY Air, an exciting new addition to its game – changing line of wearable cooling gear. This isn’t just any personal air conditioner; it’s as cool as the breeze on a perfect day and as light as a feather, giving you the freedom to live life to the fullest while staying comfortable.​

    Instant Cooling, Anytime, Anywhere

    COOLiFY Air is all about delivering an instant cool – down, no matter where you are. Boasting a massive 4,749.4mm² cooling plate, it wraps around your neck, ensuring maximum skin contact. Thanks to its state-of-the-art thermoelectric technology with 122 cooling particles, you can say goodbye to the sweltering heat in an instant. And with its dual-airflow system, sending air both up and down, you’ll feel a 360° cooling sensation that’s as refreshing as jumping into a pool on a hot summer day.

    Feather-Light, All-Day Wearability

    Weighing in at a mere 0.87 lbs, COOLiFY Air is designed for all-day wearability. Its ergonomic shape fits every neck size, so you can wear it from dawn to dusk without a hint of discomfort. Whether you’re a busy commuter dashing through the city, an outdoor adventurer exploring the great outdoors, or just someone going about their daily routine, this sleek and portable device is your new best friend.

    Year-Round Comfort, Unmatched Versatility

    This isn’t just a summer-only gadget. With three modes – Cool, Heat, and Fan, COOLiFY Air has got you covered all year long. Beat the summer heat, warm up on a chilly winter day, or just enjoy a refreshing breeze indoors. It’s the perfect companion for any season, allowing you to create the ideal conditions for a better you – in creativity and beyond.​

    Extended Battery Life for Non-Stop Comfort​

    The 5,000mAh battery in COOLiFY Air is a powerhouse. In Fan mode, it can last up to 24 hours, while in Cool or Heat mode, it provides 6 hours of continuous operation. And with pass-through charging, you can stay cool and connected at the same time.

    TORRAS, true to its mission of redefining personal temperature management, has once again combined innovation, comfort, and portability with the COOLiFY Air.​ COOLiFY Air is now available on Amazon and torraslife.com for just $129. Choose from three stylish colors: Midnight Black, Apricot Dune, and Vivi Pink.

    About TORRAS

    TORRAS is an innovative and award-winning consumer electronics and accessories brand. We strive to constantly shatter the ordinary so consumers can enjoy a high-quality lifestyle. TORRAS aims to assist users in fully engaging in every aspect of life and enabling them to unleash their full potential anytime and anywhere. Since 2012, TORRAS has served over 100 million people in more than 148 regions with its products and services. For more information, please visit www.torraslife.com.

    Media Contact

    TORRAS Marketing: marketing@torraslife.com
    TORRAS PR Manager: ashley@torras-global.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9a0128cf-d6c7-4ca8-8f16-61324b01f648

    The MIL Network

  • MIL-Evening Report: Non-compete agreements and other restraints can end up hurting Australian workers – and all of us pay the price

    Source: The Conversation (Au and NZ) – By Paula McDonald, Professor of Work and Organisation, Queensland University of Technology

    Twinsterphoto/Shutterstock

    Australian workers have to overcome some significant barriers in navigating their careers.

    Some may lack the training or work experience opportunities needed to make themselves stand out and take the next step. Others may be extensively qualified, but face limited new job or promotional opportunities relevant to their skill set.

    But there’s another common barrier that’s often overlooked: post-employment restraints. Among the most well-known are non-compete clauses, but these aren’t the only kind.

    These tools are designed to protect employer interests. But their widespread use has far-reaching consequences for job mobility, wages and innovation across Australia.

    Our new research, which was commissioned by the Department of Treasury and conducted by researchers at Queensland University of Technology, set out to examine how these agreements are impacting Australia’s workforce.

    We zeroed in on two very different occupational groups – hairdressers and IT professionals. Our findings point to an urgent need for regulatory reform in Australia. But we also offer solutions that could better balance business needs with worker rights.

    What are post-employment restraints?

    Post-employment restraints are contractual clauses that restrict what workers can do after leaving their jobs.

    One common type are non-compete clauses, which prevent workers from joining competitors or starting their own businesses, usually (though not always) in the same industry.

    Signing a non-compete agreement often prevents you from working for a competing business.
    G.Tbov/Shutterstock

    There are also non-solicitation agreements, which restrict them from approaching former clients or colleagues.

    And non-disclosure obligations can limit the use of confidential information concerning the employer’s business – even when created by workers themselves.

    Businesses argue these clauses help them safeguard their proprietary interests, such as hard-won client relationships, trade secrets and intellectual property.

    However, their application is not limited to high-level executives or sensitive roles. Such restraints are more common than many realise.

    Data cited in our report from businesses with 200 employees or less confirms previous Australian research: at least one in five businesses use non-compete, non-solicitation of clients and non-solicitation of co-workers clauses. The number is even higher if non-disclosure agreements are included in the list of restraints.

    Overall, half of all Australian workers are reported to have post-employment restraints – including many in low-paid jobs.

    As former Fair Work Commission President Iain Ross has pointed out, this raises critical questions about fairness and the broader impacts on the labour market.

    A tangle of restrictions in hairdressing

    Hairdressing is a predominantly female, low-wage profession. Our interviews with hairdressers reveal the outsized impact that post-employment restraints can have on vulnerable workers.

    Restrictions typically include bans on working within a certain radius of their former salon, taking clients to a new employer, or starting their own business.

    Many interviewees only learned about these restrictions after accepting a position or deciding to leave. Some reported being barred from telling clients of their departure or facing demands to pay penalties if clients followed them to a new salon.

    The personal relationships hairdressers form with their clients are central to their work and professional identity. However, these relationships often become battlegrounds when employment ends.

    Hairdressers explained the difficulties that often arose from becoming “friends” with clients. As one put it:

    As soon as you leave, it’s almost harder than a breakup.

    Client relationships are a prized asset in the hairdressing industry.
    MarijaBazarova/Shutterstock

    Chained to the chair

    Financially, these restrictions exacerbate the already precarious conditions in the hairdressing industry.

    With limited opportunities for wage growth, many hairdressers establish their own businesses or rent chairs in salons for greater independence.

    Yet, non-compete clauses often delay these plans. Hairdressers are then forced to accept lower-paying positions or leave the profession entirely.

    Social media has added a whole new layer of complexity. Hairdressers are often required to use their personal social media accounts to promote their employer’s business, only to have their posts deleted or accounts locked when they leave. This can erase years of professional work and connections.

    Many young hairdressers we spoke to expressed particular frustration that their social media presence, cultivated under the salon’s brand, could not be carried forward to new roles.

    Holding back innovation

    Our study found while hairdressers face restrictions on their mobility and client relationships, IT professionals face obstacles that limit their ability to innovate.

    IT professionals often develop new technologies, software or processes, sometimes in their own time. However, contracts often claim ownership of these innovations for the employer.

    We found non-disclosure agreements, non-compete clauses and intellectual property ownership terms are all common in the industry.

    This environment discourages entrepreneurial ventures and independent projects, even as the industry demands agility and creativity.

    As one participant explained:

    It’s made me pause multiple times, made me think about not developing a code that you’re interested in just for your own development.

    Professionals reported feeling “locked in” to roles, unable to pursue side projects or start their own businesses without risking legal action.

    Non-compete clauses in IT contracts also restrict job mobility when professionals cannot join competitor companies or use their expertise in new roles.

    This impacts not only individual workers but also the broader industry, as firms struggle to recruit skilled talent.

    Paradoxically, some employers actively poach talent from competitors while enforcing non-compete clauses against their own staff.

    Intellectual property restrictions can discourage IT professionals from working on their own innovative projects.
    Jacob Lund/Shutterstock

    The way forward

    By limiting job mobility, post-employment restraints contribute to wage stagnation and reduce workers’ bargaining power.

    Australia’s regulatory approach to this issue lags behind other countries. There are no formal limits on the length or breadth of restraints, just a vague test of “reasonableness” that makes it hard to know what is permissible, without costly litigation.

    In the United States, California has banned non-compete clauses outright, fostering a thriving tech industry. In Europe, companies like Germany impose strict limits on the duration of restraints and require employers to compensate workers during the restricted period.

    These models demonstrate that balancing employer interests with worker rights is possible and can yield positive outcomes.

    One option for policymakers in Australia would be to impose new restrictions on the scope and duration of restraints to ensure they serve legitimate business interests without unduly restricting workers.

    Employers could be required to provide plain-language explanations around these restrictions at the time of hiring and compensate workers for the duration of any restraint, as seen in some European models.

    Post-employment restraints are a double-edged sword. While they may protect legitimate business interests, their overuse undermines job mobility, innovation and worker wellbeing.




    Read more:
    Would a mandatory five-day working week solve construction’s work-life balance woes?


    Paula McDonald receives funding from the Australian Research Council and the Commonwealth Department of Treasury.

    Andrew Stewart receives funding from Commonwealth Department of Treasury.

    ref. Non-compete agreements and other restraints can end up hurting Australian workers – and all of us pay the price – https://theconversation.com/non-compete-agreements-and-other-restraints-can-end-up-hurting-australian-workers-and-all-of-us-pay-the-price-247449

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Coalition promises Australian version of United States’ RICO act to target CFMEU

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

    Opposition Leader Peter Dutton has announced a Coalition government would introduce legislation, based on an American law used to pursue the Mafia, to enable police to target the “kingpins” of criminal organisations such as outlaw motorcycle gangs.

    This follows new allegations by Nine newspapers and 60 Minutes about the rogue union the CFMEU. The allegations include “the employment of ‘baseball-twirling violent people’ on the [Victorian government’s] Big Build, where women have been bashed and then black-banned after they complained”.

    The Nine investigation further alleged that “gangland and bikie-linked figures are receiving large payments from companies on publicly funded projects looking to gain favour with union insiders, leaving state and federal taxpayers in effect underwriting payments to the underworld.”

    The Coalition said Monday the proposed new offences would “be based on the highly effective Mafia takedown laws in the US”. Dutton and shadow ministers Michaelia Cash and James Paterson said in a statement:

    By targeting groups that engage in a pattern of criminal behaviour, these offences will put police in the position where they can target the criminal organisation and its leadership.

    This  means the bosses and kingpins of groups such as outlaw motorcycle gangs can be jailed even if they distance themselves from the crimes their organisations commit.

    Dutton described the CFMEU as “a modern-day mafia operation”. He added:

    The culture of criminality and corruption is so entrenched, and it will never change – especially under the weak and incompetent Albanese Labor government.

    Dutton claimed the CFMEU affair was the “biggest corruption scandal in our country’s history”.

    The opposition said it would also set up an Australian Federal Police-led taskforce that would bring together federal law enforcement agencies and state and territory police forces to target criminal behaviour.

    After the latest revelation surfaced in Nine media at the weekend, Workplace Relations Minister Murray Watt said on social media he would refer the allegations to the police.

    On Monday, Watt condemned Dutton’s proposal for a new law.

    We don’t need to import an American racketeering law – we already have our own laws to go after ‘kingpins’, such as section 390.6 of the Criminal Code, which already deals with directing criminal organisation.

    He also condemned the opposition’s long-standing policy to deregister the union, saying this would mean there was no regulation.

    Peter Dutton’s reckless desire for a headline puts at risk the investigations and crime-fighting that the Coalition never bothered to commence in their decade in office.

    Victoria police is undertaking an investigation into the fresh allegations.

    The US Racketeer Influenced and Corrupt Organisations (RICO) Act, dating from 1970, enables prosecutors to take down whole mob-related organisations rather than having only the power to deal with figures individually. It is intended to deal with mob bosses who could not be directly connected to the crimes.

    Its use, however, has extended well beyond mob prosecutions to a range of targets, from street gangs to politicians.

    US President Donald Trump was charged under Georgia’s RICO act for “knowingly and willfully joining a conspiracy to unlawfully change the outcome of the [2020] election”.

    The construction and general division of the CFMEU has been in administration since last August.

    The union’s national secretary, Zach Smith, said on Facebook: “We cannot  let our union or our industry be a safe haven for criminality of corruption”.

    He also said that “violence against women is completely unacceptable to our union”.

    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. Coalition promises Australian version of United States’ RICO act to target CFMEU – https://theconversation.com/coalition-promises-australian-version-of-united-states-rico-act-to-target-cfmeu-252172

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Many of history’s deadliest building fires have been in nightclubs. Here’s why they’re so dangerous

    Source: The Conversation (Au and NZ) – By Milad Haghani, Associate Professor & Principal Fellow in Urban Risk & Resilience, The University of Melbourne

    A fire at a nightclub in North Macedonia has killed at least 59 people and injured more than 150. The blaze broke out at the Pulse nightclub in Kočani, where around 500 people were attending a concert.

    Witnesses reported that pyrotechnics used during the performance ignited the ceiling, causing flames to spread rapidly.

    Authorities have arrested 20 people so far, including the club’s manager. Investigations continue. The North Macedonian government has declared a seven-day mourning period.

    While building fires are not limited to nightclubs, many of the most devastating building fires in history have happened in nightclubs around the world. So why are nightclubs such a risky place for deadly fires?

    A long history of nightclub fires

    A look at past nightclub fires shows just how common and deadly they’ve been in the past 100 years. We identified at least 24 nightclub fires where ten or more people died since 1940.

    Collectively, these 24 incidents account for at least 2,800 deaths, with nearly 1,300 in the 21st century alone.

    The Cocoanut Grove fire (Boston, 1942) remains the deadliest on record, killing 492 people. The club’s flammable decorations and locked exits turned what should have been an ordinary night out into one of the worst fire disasters in history.

    In Argentina, the República Cromañón fire killed 194 people in 2004, caused by pyrotechnics igniting flammable materials inside the club.

    The Kiss nightclub fire in Brazil in 2013 was even deadlier, claiming 242 lives.

    More recently, Thailand’s Mountain B nightclub fire killed 23 people in 2022.

    And in 2023, 13 people died in a fire at the Fonda Milagros nightclub in Spain.

    Now, North Macedonia’s Pulse nightclub joins this long list.

    Why are nightclubs so risky for fires?

    A review of past nightclub fires we’ve collated in our database reveals common patterns. Two key factors have contributed to the frequency and severity of these fire disasters.

    1. Pyrotechnics, fireworks and flammable materials

    One of the most common causes of nightclub fires has been the use of pyrotechnics in enclosed spaces. Pyrotechnics are controlled chemical reactions designed to produce flames, smoke, or light effects.

    They have been involved in at least six of the deadliest nightclub fires, including the recent Pulse nightclub fire in North Macedonia, as well as The Station (United States, 2003), Kiss (Brazil, 2013), Colectiv (Romania, 2015), Lame Horse (Russia, 2009) and República Cromañón (Argentina, 2004).

    When used indoors, pyrotechnics can easily ignite flammable ceiling materials, acoustic foam, or decorations.

    In some cases, fireworks – which are different from stage pyrotechnics and sometimes illegally used indoors – have played a role. The Lame Horse nightclub fire, which killed 156 people in Russia in 2009, was caused by a spark from fireworks igniting a low ceiling covered in flammable plastic decorations.

    Even when fires don’t start from pyrotechnics or fireworks, the materials used in nightclub interiors can rapidly turn a small fire into a major disaster.

    Foam insulation, wooden panelling, plastic decorations and carpeted walls have all been key factors in past nightclub fires. In Cocoanut Grove (Boston, 1942), artificial palm trees and other flammable decorations accelerated the blaze.

    2. Overcrowding and blocked or insufficient exits

    Evacuation failures have been a factor in nearly every major nightclub fire.

    In some instances, crowds may not immediately recognise the severity of the situation, especially if they mistake alarms for false alarms or special effects (for example, smoke machines, loud music).

    Further, patrons could be intoxicated due alcohol or other drugs. Intoxication combined with potential disorientation due to dim lighting can further reduce judgement during an evacuation.

    Clearly, the best way to protect patrons is to prevent a fire from breaking out in the first place. But in settings where fire risks are inherently high, the ability to evacuate people swiftly is crucial.

    Nightclubs, however, have a poor track record when it comes to evacuation safety measures.

    Nightclubs are among the most crowded indoor spaces. While crowd density is part of a nightclub’s design and atmosphere, overcrowding beyond legal capacity is common.

    A crowd that has gradually gathered over several hours must suddenly evacuate in seconds or minutes to survive a fire. This is made more difficult by narrow hallways and limited exits, which quickly become bottlenecks when hundreds of people attempt to escape at once.

    What’s more, not all exits are always accessible during a fire. In several past nightclub disasters, locked or obstructed emergency exits have significantly worsened the death toll.

    Minimising the risks

    Nightclubs are uniquely vulnerable to fires due to a combination of structural risks, unsafe materials, overcrowding and regulatory failures.

    While human behaviour plays a role in how fires unfold in confined spaces such as nightclubs, people should be able to go for a night out and expect to come home safely.

    Regulatory oversight must ensure strict compliance with fire codes. Venues should have fire suppression systems (such as sprinklers, fire extinguishers and smoke detectors) to control or contain fires before they spread, and adequate exits.

    Nightclubs should ban indoor pyrotechnics and fireworks, as history has repeatedly shown their deadly consequences.

    Capacity limits must be enforced, and emergency exits should always be accessible.

    Australia has strict fire safety regulations for nightclubs, with venues required to have fire suppression systems, emergency exits and trained staff to manage fire risks.

    Public awareness is also key. Patrons need to understand the real risk of fires in nightclubs, and be prepared to evacuate swiftly but calmly if danger arises.

    Ruggiero Lovreglio receives funding from Royal Society Te Apārangi (NZ) and National Institute of Standards and Technology (USA).

    Milad Haghani 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. Many of history’s deadliest building fires have been in nightclubs. Here’s why they’re so dangerous – https://theconversation.com/many-of-historys-deadliest-building-fires-have-been-in-nightclubs-heres-why-theyre-so-dangerous-252372

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Australia: Research breakthrough offers hope for Canola growers

    Source: New South Wales Department of Primary Industries

    17 Mar 2025

    Researchers from the NSW Department of Primary Industries and Regional Development (DPIRD) have opened the door to enhancing canola production in challenging growing environments, after identifying a key gene that helps protect plants from manganese toxicity in acidic soils.

    Soil acidity is a significant challenge for crop production in Australia, and crops like canola are particularly vulnerable to the adverse effects of acidic soils which can limit growth and reduce yields.

    Dr Harsh Raman, Senior Principal Research Scientist at NSW DPIRD, said the the discovery is the result of five years of dedicated research by an international team of scientists, with NSW DPIRD leading the effort.

    “Soil acidity is a global issue, severely limiting crop production and affecting a huge 13.7 million hectares in NSW alone,” Dr Raman said.

    “After conducting a range of experiments in controlled field conditions, NSW DPIRD has successfully cloned the specific gene responsible for manganese tolerance in acidic soils.”

    “We have also uncovered new insights into the genetic networks that influence this trait, which will enable the research team to develop practical methods for selecting canola plants with manganese tolerance based on morphological traits and molecular markers.”

    According to Dr Raman, the discovery could lead to higher productivity and improved profitability for Canola growers.

    “By understanding how canola plants cope with excessive manganese in acidic soils, researchers and crop breeding companies can now work towards developing new crop varieties that are more resilient to thestresses of manganese toxicity. ,” Dr Raman said.

    While manganese is an essential nutrient for plant growth, excessive amounts in acidic soils (pH <5) can lead to severe toxicity which can stunt plant growth and reduce crop yields. This is most common in waterlogged soils or those with poor drainage, particularly under high-temperature conditions.

    Dr. Raman said that while researchers still recommend a regular application of lime to manage high-acidity soils, manganese tolerance is a valuable enhancement trait for canola varieties by allowing growers to get about their business without having to wait for the lime to ameliorate into the soil.

    “Thanks to this research, canola farmers will no longer exclusively need to invest significant time and money into lime applications and wait for amelioration to proceed before they can grow high yield crops.

    Now, by unlocking the secret to cultivating varieties that are tolerant to acidic soils, growers can grow high yielding canola whilst applying lime to improve their soils long term PH, increasing productivity and profitability.”

    “As farmers face increasing challenges  such as soil degradation, this research provides a promising new tool to enhance crop resilience and secure long-term food production,” Dr Raman said.

    The project was supported by the NSW Department of Primary Industries and Regional Development, Grains Research and Development Cooperation, Oil Crops Research Institute China, Monash University, ARC Training Centre for Future Crops Development at Australian National University and Wagga Wagga, and INRA France.

    The research findings were recently published in Plant Cell and Environment, available at (Genome‐Wide Association Study Elucidates the Genetic Architecture of Manganese Tolerance in Brassica napus – Raman – Plant, Cell & Environment – Wiley Online Library).

    Media contact: pi.media@dpird.nsw.gov.au

    Vision pack available at https://tinyurl.com/5n7f56ca

    MIL OSI News

  • MIL-OSI Australia: Renewal of Bilateral Local Currency Swap Agreement with Bank of Japan

    Source: Reserve Bank of Australia

    The Reserve Bank of Australia and Bank of Japan have renewed the Bilateral Local Currency Swap Agreement for a further three years.

    The initial swap agreement between the two central banks was signed in 2016 and has been renewed for three-year periods since that time. Each agreement is designed to enhance the financial stability of the two countries, and allows for the exchange of local currencies between the two central banks of up to A$20 billion or JPY 1.6 trillion.

    MIL OSI News

  • MIL-OSI New Zealand: Priority News – The Book of Disappearance – Longlisted for the International Booker Prize 2025

    Source: Text Publishing (Melbourne, Australia)


    The Book of Disappearance, by Ibtisam Azem, translated by Sinan Antoon has been Longlisted for the International Booker Prize, 2025.

    This critically acclaimed Arabic novel invites English readers into the complex lives of Palestinians living in Israel.

    What if all the Palestinians in Israel simply disappeared one day?

    The Book of Disappearance is set in contemporary Tel Aviv. Alaa is a young Palestinian man who is haunted by his grandmother’s memories of being displaced from Jaffa and becoming a refugee in her homeland. His Jewish neighbour and friend, Ariel, is a journalist who believes in Israel’s national myth but is critical of the military occupation of the West Bank and Gaza. He begins to search for clues about why Alaa and the Palestinians have vanished. Their stories, and the stories of the ordinary people of Jaffa and Tel Aviv, reveal the fissures at the heart of the Palestinian question.

    Ibtisan Azem’s spare and evocative novel is an unforgettable glimpse into contemporary Palestine as it grapples with both the memory of loss and the loss of memory.

    Ibtisam Azem is a Palestinian novelist, short story writer, and journalist, based in New York. She was born and raised in Taybeh, near Jaffa, the city from which her mother and maternal grandparents were internally displaced in the 1948 Nakba. She lived in Jerusalem before moving to Germany and later to the US. Azem has published two novels in Arabic: The Sleep Thief (2011) and The Book of Disappearance (2014). Her first short story collection, City of Strangers, is forthcoming in Arabic in the summer of 2025.
     
    Sinan Antoon is an Iraqi poet, novelist, translator, and scholar. He holds degrees from Baghdad and Harvard and has published two collections of poetry and five novels in Arabic. Antoon’s writings in English have appeared in the New York Times, the Guardian and the Nation, among others. Antoon returned to his native Baghdad in 2003 to co-direct About Baghdad, a documentary about the lives of Iraqis in a post-Saddam-occupied Iraq. He is an associate professor of Arabic literature at New York University.
     
    Praise for Ibtisam Azem:

    • ‘Brilliantly conceived and searingly executed.’ Claire Messud 
    • ‘In this immensely readable novel, Ms Azem does not resolve for us the calamity of Palestine’s occupation by Israel. But stylishly and with jeweled virtuosity she makes us understand that acts of great and human imagination will be required, and with this potent book points where and how we must all go.’ Richard Ford
    • ‘Speculative and haunting, this is an exceptional exercise in memory-making and psycho-geography.’ The International Booker Prize 2025 Judges
    • ‘Seductively bold…This rich, potent novel reminds us that there are no easy answers.’ Guardian.

    MIL OSI New Zealand News

  • MIL-Evening Report: Serwah Attafuah: a powerful and most welcome voice in contemporary Australian art

    Source: The Conversation (Au and NZ) – By Dominic Redfern, Associate Professor, School of Art, RMIT University

    Serwah Attafuah, The Darkness Between The Stars, JOAN. Landscape still. Courtesy of the artist.

    Virtuosic digital artistry is on show in Serwah Attafuah’s installation The Darkness Between the Stars, currently showing at ACMI.

    The work fiercely challenges stereotypes of black femininity and draws upon the history and culture of the Ashanti people of modern-day Ghana, one of the countries most affected by the Atlantic slave trade and the site of remembrance and pilgrimage for many descendants of the people trafficked as slaves.

    Serewah is part of a generation of video artists like Melbourne’s Xanthe Dobbie, British artist Rachel Maclean, and Paris based, French Guianese artist Tabita Rezaire. These artists all channel the moving image culture of gaming and the internet, rather than the cinematic or televisual references of their forebears.

    Each of these artists uses exuberant humour and a tough-minded politic to challenge the reductive construction of female and queer identities.

    As we pass through the arch at the entry to the gallery, we are greeted by a 3D animation of an ocean reflecting a sky that cycles from starlit to slowly emerging dawn. We are told the arch references the entry to the Elmina castle built by the Portuguese: one of two major points from which enslaved African people were cast into the hell of the Atlantic passage and life in bonds.

    African warriors

    Beyond the entrance we are faced by a series of five screens in portrait format. Each shows short loops of African warriors, suggesting the idealised – and, here, heroic – forms of game avatars a la Fortnite.

    Each of the images is framed in gold e-waste. This brings to mind Congolese street art costumes, similarly made of waste which blend cultural traditions and an Afrofuturist resistance that dares to imagine a better future.

    The first portrait is a furred, horn helmeted, and neck ringed warrior woman. Armed with a laser and an automatic pistol, she has further weapons adorning her back ready to be deployed.

    Serwah Attafuah, The Darkness Between The Stars, ANANSI, 2025.
    Still courtesy of the artist

    Behind and around her are malfunctioning computer screens. One scrolls through an online dating text exchange which evokes the idealised and reductive self-curation of the online profile. This chat is between Jenny and Mark, a FIFO worker on an offshore oil rig in Western Australia. This ties to the images of oil rigs found elsewhere in the show, evoking the plundering of African resources: human and otherwise; historical and ongoing.

    The second screen pictures an armoured woman (or cyborg?) atop a rearing tiger. The tiger is an intriguing choice given it is an Asian animal but potentially points to a pan exoticism rooted in the confusion of cultures.

    She wields a curved blade amid a savannah populated with umbrella thorn acacia and what appear to be comfortingly homely (and amusing) ground-hugging waratahs in the foreground.

    Serwah Attafuah, The Darkness Between The Stars, JOAN, 2025.
    Still courtesy of the artist.

    Complicating fetishes

    Moving around the room, floating robots accompany another warrior who props against a sword supported by a fragmented classical column.

    She stands beneath an oversized moon, evoking an off-world setting, a reading compounded by her protective headwear.

    Alongside a writhing snake, we catch sight of her Betty Davis (no, the Black one) super heels: a clear link to the under-remembered pioneer of Afrofuturism.

    Serwah Attafuah, The Darkness Between The Stars, KING, 2025.
    Still courtesy of the artist.

    Continuing this play of sexual provocation and power is the addition of a techno tutu which further accentuates her already thrusting buttocks.

    The problematisation of sexualised imagery is one of the exhibition’s central themes. Attafuah toys with the Western fetishisation and fear of Black women’s sexuality.

    Occasionally borrowing cliches from the gaming and pornographic worlds, Attafuah forcefully complicates such fetishes by arming four of her five warriors to the teeth. They take aim at us, challenging their construction as passive objects for our visual consumption.

    A further figure, singularly unarmed apart from her thorny armbands, appears in the next frame. She runs through a series of coquettish modelling poses in her mesh bodysuit as she stands amid buzzing screens and computer detritus.

    In yet another confusingly (and amusingly) stereotyped African landscape she is pictured among palm trees and sand, in what I took to be an evocation of a North African environment complete with desert fortress, oil rig and passing container ship.

    In the final of the five portraits a young, braided, and fantastically eyelashed woman takes aim at us with a pistol straight from Star Wars (Rebel Alliance issue, naturally).

    Serwah Attafuah, The Darkness Between The Stars, VENUS, 2025.
    Still courtesy of the artist.

    She stands hip deep in a lagoon of water lilies and floating CDs. A futuristic city fills the background with a slowly turning wind turbine that sports yellow and black radiation colouring – yet another paradoxical meeting in an exhibition characterised by mixed messages that contradict easy readings.

    In The Darkness Between the Stars, Attafuah proves herself to be a powerful, uncompromising and most welcome voice in contemporary Australian art. She proves herself capable of generating sophisticated, nuanced and playful reflections on complex problems that we carry from past to present.

    Serwah Attafuah: The Darkness Between the Stars is at ACMI, Melbourne, until June 1.

    Dominic Redfern works at RMIT with, and previously taught, Xanthe Dobbie.

    ref. Serwah Attafuah: a powerful and most welcome voice in contemporary Australian art – https://theconversation.com/serwah-attafuah-a-powerful-and-most-welcome-voice-in-contemporary-australian-art-250154

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Trump is surveying Australian academics about gender diversity and China – what does this mean for unis and their research?

    Source: The Conversation (Au and NZ) – By Brendan Walker-Munro, Senior Lecturer (Law), Southern Cross University

    Shortly after taking office, US President Donald Trump issued executive orders banning federal funding on so-called “woke” research.

    This is part of his broader ban on all diversity, equity and inclusion (DEI) policies, grants and programs in the US government.

    These orders are massive in scope, impacting studies as varied as stroke recovery, computing and ancient languages.

    The impact in the United States so far has been dramatic. Some universities are already cutting student admissions and looking at ways to shed academic staff and researchers.

    Now the ban has impacted Australian researchers who have links to US government-funded projects. The Trump Administration is asking for information on how their research fits in with US foreign and domestic policy.

    What has happened?

    The US government has sent a 36-point questionnaire to some Australian researchers who are working on joint projects with US colleagues.

    ABC Radio National reports at least eight Australian universities are involved. Their research areas include foreign aid, medicine, vaccines and defence. The New York Times reports a similar document has also been sent to other overseas organisations with US funding links.

    The questions are wide-ranging and cover academics’ links to China as well as their projects’ focus on topics such as diversity, inclusion and gender identity, as well as climate change.

    Some of the specific questions include:

    Can you confirm that your organisation has not received ANY funding from PRC People’s Republic of China, Russia, Cuba or Iran?

    Can you confirm that this is no DEI [diversity, equity and inclusion] project or DEI elements of the project? [sic]

    Does this project take appropriate measures to protect women and to defend against gender ideology as defined in the below Executive Order?

    Can you confirm this is not a climate or “environmental justice” project or include such elements?

    The survey also covers issues such as secure borders with Mexico, ending government waste, terrorism, the war on opioids, and “eradicating anti-Christian bias”.

    Concern and anger

    In response, the Group of Eight (which represents Australia’s top research universities) and Australian Academy of Science have separately raised concerns with the Australian government about the survey and its impact on Australian research.

    The Group of Eight says the US has already suspended or terminated research grants with six of its eight member universities.

    The National Tertiary Education Union also labelled the survey “blatant foreign interference”.

    A spokesperson for Education Minister Jason Clare says Australia is
    “engaging with the US government to understand what these measures mean for future funding and collaboration”.

    Are Trump’s orders legal?

    Trump’s executive orders are currently the subject of numerous lawsuits in the US. Plaintiffs say Trump’s orders violate the First and Fifth Amendments – those dealing with protection of free speech, equal protection and “due process of law” when depriving a citizen of property.

    Whether Trump’s orders are legal or not is a tricky question, and will likely come down the judges hearing each case.

    In the meantime, US government agencies are withholding funding anyway. Reports also suggests Trump has instructed his administration to ignore court orders – hardly surprising, given Trump’s history of contempt of US courts.

    What does this mean for Australia?

    US involvement in Australian research is significant. According to the Academy of Science, US government research funding involving Australian research organisations was $A386 million in 2024.

    It is arguable Trump’s orders infringe Australian sovereignty. But the US has always had the capacity to interfere in Australian university research – it just hasn’t actually done it until now.

    Research contracts signed between universities and funding bodies can contain all kinds of requirements, so US law can end up applying to Australian researchers. When the AUKUS deal was announced in 2021, a huge question was how universities would comply with notoriously harsh US export control laws.

    The survey indicates it was issued by the US Office of Management and Budget and appears to be supported by the US CHIPS and Science Act (which authorises certain research investments) and National Science Foundation policies. So, while Australian researchers could potentially ignore these questionnaires, that would legally give a US funding body grounds to cancel the funding contract.

    Our foreign interference laws also weren’t designed for situations like this. Even if they did, Trump is the current head of the US government, and is likely to be immune from prosecution

    Statutory tests for foreign interference – including criteria that such acts are covert, and/or involve threats of harm – simply don’t apply to a US president like Trump.

    So legally, it doesn’t look like there is much Australia can do about Trump’s orders.

    What can Australia do?

    Some newly unemployed researchers are now poised to leave the US, taking their research with them. This poses a potential security risk, with countries such as China and Russia both keen to capitalise on Trump’s decisions.

    But other nations are also aware of the possibilities. The European Union has already offered displaced US scientists a more “sympathetic place to work”. South Korea and Canada are also marketing themselves as attractive options. Australia could follow suit.

    The federal government is currently doing a strategic review of Australia’s research and development system. This could make diversifying our research partners a national priority.

    This could include revisiting a 2023 decision, not to join Horizon Europe – the European Union’s key research fund.

    Either way, given such radical changes in the US, Australia needs to seriously reconsider how it is funding and structuring research.

    Brendan Walker-Munro has consulted for the Australian Strategic Policy Institute (ASPI) and the Independent National Security Legislation Monitor, and is also an Adjunct Expert Associate of the National Security College. He has received funding from the Social Cyber Institute and Active Cyber Defence Alliance.

    ref. Trump is surveying Australian academics about gender diversity and China – what does this mean for unis and their research? – https://theconversation.com/trump-is-surveying-australian-academics-about-gender-diversity-and-china-what-does-this-mean-for-unis-and-their-research-252282

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI China: China’s fixed-asset investment up 4.1 pct in first two months

    Source: China State Council Information Office

    China’s fixed-asset investment went up 4.1 percent year on year in the first two months of this year, 0.9 percentage points higher than the full-year growth rate of 2024, official data showed Monday.

    The investment totaled 5.2619 trillion yuan (about 734 billion U.S. dollars) during the January-February period, the National Bureau of Statistics (NBS) said in a statement.

    Investment in infrastructure construction rose 5.6 percent from a year ago during the period, and manufacturing investment increased 9 percent, according to the NBS.

    Excluding the property sector, the country’s fixed-asset investment rose 8.4 percent in the first two months. Investment in property development fell 9.8 percent year on year during the period.

    MIL OSI China News

  • MIL-OSI China: China’s retail sales up 4 pct in first two months

    Source: China State Council Information Office

    China’s retail sales of consumer goods, a major indicator of the country’s consumption strength, climbed 4 percent year on year in the first two months of 2025, official data showed Monday.

    Total retail sales of consumer goods reached over 8.37 trillion yuan (about 1.17 trillion U.S. dollars) from January to February, according to the National Bureau of Statistics.

    Retail sales of consumer goods, excluding automobiles, reached over 7.68 trillion yuan, registering a year-on-year growth of 4.8 percent. 

    MIL OSI China News

  • MIL-OSI: Bitget Features in UCLA Professor Alex Nascimento’s Book on Blockchain and STOs

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, March 17, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has been featured in the fourth edition of The STO Financial Revolution by Alex Nascimento, leading blockchain researcher and professor at UCLA. The book provides a comprehensive understanding of blockchain, crypto, and Web3 technologies, offering practical insights into compliant fundraising and real-world use cases for businesses and investors.

    Developed in collaboration with industry experts, this edition showcases case studies from leading organizations, including Bitget, DWF Labs, UNICEF, BTG Pactual, and Polymath. It highlights key developments in the blockchain sector and shows how blockchain solutions are transforming global finance. The book has been adopted by several academic institutions, including UCLA, as a key resource for educating future professionals in the rapidly evolving digital economy.

    “The integration of blockchain technology and Web3 principles into educational frameworks across the globe is essential for cultivating a generation equipped to navigate an increasingly decentralized digital landscape. By sponsoring blockchain education initiatives like our textbook, Bitget fulfills a crucial role beyond commerce, becoming architects of literacy of a technology that promises to reshape our fundamental understanding of money, governance, and digital autonomy,” said Alex Nascimento, MA, MBA, UCLA Blockchain Faculty.

    Bitget’s case study in the book focuses on its strategic role in the blockchain ecosystem and its efforts to enhance access to digital financial tools. The feature outlines how Bitget contributes to the advancement of blockchain adoption through practical, secure solutions and highlights its initiatives in the Web3 space. It offers readers a closer look at the innovations and developments that have positioned Bitget as a notable player in the crypto industry.

    This edition of The STO Financial Revolution includes up-to-date information on blockchain advancements and emerging trends, making it a valuable resource for academics, investors, and industry professionals worldwide. By featuring Bitget’s contributions, the book further establishes its relevance in offering practical insights into the future of digital finance and tokenized ecosystems.

    “Being featured in one of my personal favourites The STO Financial Revolution is a significant moment for Bitget,” said Vugar Usi Zade, Chief Operating Officer at Bitget. It’s a badge of honour for us to gain placement in the book, where Bitget’s firm stance and fast growth has been highlighted aligned with our goals of pushing the boundaries of blockchain adoption. As we continue to innovate and offer crypto solutions, our role in advancing the Web3 ecosystem has been more rigid now than ever.”

    The book’s release serves as an important reference for those looking to deepen their understanding of blockchain technology and its growing impact on financial markets. The recognition of Bitget in this publication shows its relevance and growing influence in the global blockchain sector.

    To know more about STO Financial Revolution edition four, please visit here.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices may fluctuate and experience price volatility. Only invest what you can afford to lose. The value of your investment may be impacted and it is possible that you may not achieve your financial goals or be able to recover your principal investment. You should always seek independent financial advice and consider your own financial experience and financial standing. Past performance is not a reliable measure of future performance. Bitget shall not be liable for any losses you may incur. Nothing here shall be construed as financial advice.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d3211028-7186-458c-b2b6-413205ad02de

    The MIL Network

  • MIL-OSI China: How China is lifting consumer spending to boost its growth

    Source: China State Council Information Office

    Vowing to make domestic demand “the main engine and anchor of economic growth”, China’s policymakers have sent fresh and firm signals on empowering the vast number of consumers to spend, countering skepticism about the country’s shift toward a consumption-driven economy.

    China will “place a stronger economic policy focus on improving living standards and boosting consumer spending”, according to this year’s Government Work Report submitted on March 5 to the National People’s Congress, the national legislature, for deliberation.

    Boosting consumption is hardly a fresh concept in the Chinese policy toolbox, and consumer spending has played an increasingly vital role in China’s economy. In 2024, final consumption contributed 44.5 percent to China’s economic growth, surpassing investment and exports, and drove GDP up by 2.2 percentage points.

    This year, however, the push has been particularly important as China’s economy contends with rising trade protectionism and global headwinds, while the domestic shift from traditional growth drivers, such as real estate, to new and more sustainable ones poses new challenges.

    “Expanding domestic demand through stimulating consumption can effectively counter external uncertainties, and it stabilizes short-term growth while aiding structural shifts over time,” said Yang Decai, a national political advisor and economics professor at Nanjing University, during the annual meetings of China’s top legislature and political advisory body, known as the two sessions.

    To support this pivotal transition, the Government Work Report unveiled stronger supportive measures, including issuing ultra-long special treasury bonds of 300 billion yuan ($41.3 billion) to back the consumer goods trade-in program, doubling the scale from last year.

    The trade-in program, launched a year ago, has played a vital role in revitalizing consumer markets. In 2024, it led to sales exceeding 1.3 trillion yuan, including over 6.8 million vehicles, 56 million home appliances and 1.38 million e-bikes. More items have been added to the list of subsidized products this year.

    “The trade-in program is more than just an economic policy,” Minister of Commerce Wang Wentao told a news conference on the sidelines of the third session of the 14th NPC on March 6, noting that it has fostered new development engines and improved the quality of life for millions of households.

    Wang pointed out that the primary issue constraining goods consumption is the ability and willingness to spend, while the main challenge for services consumption is the lack of high-quality supply.

    To tackle these weaknesses, the Chinese government, in addition to clinching cheaper deals for consumers, aims to lift consumer confidence by bolstering people’s well-being, with a focus on creating jobs, raising incomes and easing their financial burdens.

    More funds and resources will be used to serve the people and meet their needs, according to the Government Work Report.

    Targeting over 12 million new urban jobs this year, the government will provide stronger support for full and higher-quality employment, according to the report. It also pledged to raise the minimum basic old-age benefits for rural and non-working urban residents as well as the basic pension benefits for retirees.

    “Raising farmers’ pension payments may be the most effective way to boost consumption because it will significantly reduce the savings rate and boost consumption for half of China’s population,” said Lu Ting, chief China economist at Nomura, who expects more will be done in this regard in coming years.

    Government spending on education will rise by 6.1 percent this year and that on social security and employment by 5.9 percent, with strong gains also expected in healthcare and housing, Finance Minister Lan Fo’an revealed at the news conference on March 6.

    Chinese policymakers have also tied consumption to lifestyle upgrades, not just spending volume, as the Government Work Report highlighted the need to create new consumption scenarios to accelerate the growth of digital, green, smart, and other new types of consumption.

    It promised to improve the leave system and ensure its implementation to unlock consumption potential in sectors like culture, tourism and sports, which are among the most powerful service consumption engines.

    Meanwhile, new consumption trends, from winter sports boom to silver-haired consumer spending upsurge, are already stoking fresh growth.

    The silver economy, which caters to China’s aging population, could reach 30 trillion yuan by 2035 and create at least 100 million jobs by 2050, according to national political advisor Jin Li, vice-president of Southern University of Science and Technology.

    Sun Guangzhi, head of the provincial culture and tourism department of the ice and snow-rich Jilin province, said the northeastern province sparked over 100 million yuan in direct spending by issuing consumption vouchers in the latest snow season.

    “This demonstrates the combined benefits of policy incentives and local resource strength,” said Sun, a national lawmaker.

    MIL OSI China News

  • MIL-OSI China: Shanghai seeks to become global hub for ‘firsts’

    Source: China State Council Information Office

    The Shanghai government on Sunday announced a series of measures and activities aimed at promoting the high-quality development of what it calls the “debut economy”, as the East China metropolis works to become a global consumption hub, according to official sources.

    The latest policy package seeks to optimize the business environment in the city and encourage the introduction of more “first” stores, debut products, shows and exhibitions.

    According to Commerce Minister Wang Wentao, a series of “first “events is set to take place in Shanghai and other cities aiming to unleash market potential and promote the integration of domestic and international trade.

    “We hope Shanghai will continue to lead the development of the debut economy nationwide and drive high-quality economic growth to a higher level,” Wang said.

    Since introducing policies to boost the debut economy in 2018, Shanghai has become a top destination for domestic and international brands to launch their first stores, debut products and host shows and exhibitions, said Shanghai Mayor Gong Zheng.

    To maintain its appeal as a consumption hub, Shanghai will continue to attract high-quality brands to open their first stores, create new consumption experiences and scenarios, and enhance the business environment, Gong said.

    With the aim of creating “First in Shanghai” as a city brand, the measures seek to attract more high-profile events, position the initiative as a global consumption bellwether and make Shanghai the top choice for international brands entering the Chinese market, said the city’s Vice-Mayor Hua Yuan.

    More than 3,500 domestic and international brands have held debut activities in the city as of the end of 2024, with 1,269 first stores opening in Shanghai last year, Hua said. These included 14 first stores across Asia or beyond and 202 debut stores at the national or Chinese mainland level — leading Chinese cities in both quantity and quality, he added.

    MIL OSI China News

  • MIL-OSI Australia: Press conference in Sydney

    Source: Australian Executive Government Ministers

    BILAL EL-HAYEK: Well, good morning everyone. I want to welcome you here to the City of Canterbury Bankstown to this important announcement. Well, Bankstown is booming. We have 14,000 new homes coming to Bankstown, brand new metro, a state of the art hospital. So this fantastic announcement comes in at a perfect timing when we are planning for our open space. I actually want to welcome all the ministers as well of course, the Federal Minister, Catherine King, Paul Scully, Rose Jackson, and the candidate for Banks, Zhi Soon.

    I’ll now hand over to the Minister, Catherine King. Minister.

    CATHERINE KING: Thank you. Thanks, Mayor. And it’s fantastic to be here today alongside my state counterparts, Paul Scully and Rose Jackson. Both planning and housing are pretty critical to the announcement we’re making today. And of course, Zhi Soon, our fantastic candidate for the federal seat of Banks in the upcoming federal election, whenever that may be.

    Well, today we’re announcing alongside the New South Wales Government that as part of the Albanese Labor Government’s Housing Support Program, we’re providing over $300 million to New South Wales to bring on stream over 60,000 homes, including very quickly, over 100 social homes that are incredibly important across the whole of New South Wales. What this money goes towards is the enabling infrastructure to bring those developments to fruition, so things like the road infrastructure, water, sewerage, other utilities. But also more importantly, we’re also funding community infrastructure. As you can see from the development behind me, it isn’t just about building houses. It’s actually about building green space, good places for people to be able to walk through on their way to work, get that really sense of place, but also be able to bring their kids and make sure that they are cooler places for people to be able to engage in recreation and social activities. So part of that $300 million we’re announcing today is, here in Bankstown, a further community space. Again, it’s not just about having well-located homes around train stations, around Metro. It’s really about also making sure these are great and liveable places.

    The money is being stretched right across the state, so Parramatta, Kellyville, Bella Vista, community spaces there, and as I said also, social housing in Albury. This program is part of over almost $2 billion that the Federal Government is investing in that infrastructure. We’re doing that now. The money is flowing. That infrastructure is being built to bring those 60,000 additional homes on stream here in New South Wales. It forms part of our $32 billion commitment to really build over 1.2 million homes across the whole of the country, and my part of it is building the infrastructure.

    I might hand over to Minister Scully to say a few words and then Minister Jackson.

    PAUL SCULLY: Thank you, Minister King. And thank you, Mayor Bilal, for inviting us here today to Bankstown.

    As you can see, there’s a lot of activity going on in Bankstown. As the Mayor just said, Bankstown is booming. As part of the New South Wales Government’s work to build more housing, our focus is building better communities. When we did the master planning and rezoned areas around the Transport Oriented Development’s accelerated precincts, we made it very, very clear that we were not just building housing, we were building communities. That means vibrant communities with access to jobs, access to transport, and access to good public spaces. This financial support, the $228.2 million from the Commonwealth Government to go towards accelerating the delivery of those new public spaces, will be an important contribution to that work that the New South Wales Government is undertaking.

    Together, in the first tranche, Bankstown’s accelerated precinct, along with the accelerated precincts in Kellyville and Bella Vista, have been identified for those priority public spaces. We’ll continue to work with the council here in Canterbury Bankstown, through the Parks for People program, to deliver those public spaces to make sure that alongside the homes, alongside the jobs, alongside the transport activity that’s going here, is going to be the public spaces that people need, green spaces for people to meet, to recreate, to engage with other parts of the community. It’s really vital that we look at those areas not just from an environmental perspective, but the social benefit they bring.

    I’ll leave some further comments on the social housing part to Minister Jackson, but I’d just like to acknowledge the hard work of the Mayor and the council here at Canterbury Bankstown. They have been in lockstep with the New South Wales Government right the way through this process, identifying and recognising that Bankstown and Canterbury are great places to live and will continue to be, but there are even better places, courtesy of this contribution from the Albanese Government, to make sure that we can get those green spaces underway, get those recreational spaces underway as we deliver new homes and as we complete the work on the metro here. Minister Jackson.

    ROSE JACKSON: We know that New South Wales is in a housing crisis. The number one issue that’s raised with us when we’re talking to the community is cost of living. That is the thing that the community is absolutely determined that governments understand is hitting them hard, and we know that part of addressing cost of living is to delivering more affordable housing. It’s simply too expensive to find a place to buy and rent. What the State Government and the Federal Government are determined to do is put our money where our mouth is when it comes to addressing that crisis. So the State’s put $5.1 billion into building more social housing, and we are incredibly thrilled to have a federal partner that is willing to come to the table and contribute as well. This announcement alone is another $70 million to build social housing. We know that we need growth. We know we need more homes. But it’s not just any old growth, it’s good growth. It’s growth that delivers better, more diverse communities. And yes, that’s infrastructure, that’s green space, that’s community amenity, that’s transport. But it’s also diverse types of homes, and social and affordable housing is part of that mix.

    With this $70 million, we’re going to be able to bring hundreds of new social housing properties online. We’ve already started that work from east to west, from Randwick to Campbelltown. We’re looking at acquiring homes in places like Lismore and Tweed as well – areas recently hit by Tropical Cyclone Alfred. So this is exactly the kind of working together between state and federal governments that are going to be necessary to confront the housing crisis.

    It’s also really important to call out our local government partners, local councils, we’ve always been up front, have been a little bit of a mixed bag when it’s come to supporting housing. Not Canterbury-Bankstown – this is a council that is deeply invested in building a great community here, and it’s fantastic to have Mayor Bilal El-Hayek here alongside us to demonstrate all three levels of government working together. This is yet more money to build the homes that people need, that security of a roof over your head. We need a federal government that is willing to stick to the course when it comes to supporting housing, and the State Government is ready to stand right alongside it, using the funding to deliver homes that we know are desperately needed in this state.

    CATHERINE KING: Happy to take any questions.

    JOURNALIST: Well, may I ask about the allegations yesterday [indistinct] …

    CATHERINE KING: [Interrupts] Sure – have you’ve got any questions on this- the announcement today yet? Nope, okay. Happy to take further- other questions, sure.

    JOURNALIST: … allegations last night on 60 Minutes and Nine papers about more corrupt and [indistinct], specifically in Victoria. I note one area of Victoria on the North East Link Road where federal taxpayers have already committed $3 billion to this project. How can federal taxpayers know that there won’t be any sort of- or, you know, if that money’s being overinflated, or if there’s any sort of corruption or wrongdoing in that process?

    CATHERINE KING: Yeah, so we have zero tolerance for criminal activities on any work site, and especially on our building work sites. We have already taken strong action against the CFMEU by placing it in administration, and the administrator continues to do his work. When this broke some time ago, in terms of the CFMEU, I was in the process of negotiating new federated funding agreements with every state and territory. In those agreements, we have inserted new clauses that require states and territories to ensure they are- that we are receiving value for money on every single project where the Commonwealth is investing, that we are prioritising businesses that engage in ethical business practices. And I also wrote to every state and territory minister asking their assurance that proper checks are being put in place to ensure that- again, that value for Australian taxpayer dollars, and if there is any criminal activity seen on any of the sites where the Commonwealth is investing that that immediately be reported both to the administrator, to the police and also to my department. And we’ll continue to work with every state and territory in relation to that.

    But I want to make it very clear: this is hard fought money. Taxpayers don’t want to see their money going to criminals, and that is incredibly important that every state and territory ensures that it’s got the assurance processes in place to make sure that we are getting value for money for every taxpayer dollar.

    JOURNALIST: Did the Federal Government conduct its own audit of the $3 billion in this project?

    CATHERINE KING: Well, again, what we have asked quite specifically is that every state and territory give us those assurances. I saw the program on 60 Minutes last night. If there is more that needs to be done, I’ll have a look at that. But what we have asked is every state and territory to assure us that they have the processes in place to make sure that this activity is not being undertaken. Thanks everyone.

    MIL OSI News

  • MIL-OSI New Zealand: Centenary celebration for the Cholmondeley Children’s Centre

    Source: New Zealand Governor General

    Rau rangatira mā, e kui mā, e koro mā, e huihui nei, tēnei aku mihi māhana ki a koutou. Kia ora tātou katoa.

    I’d like to begin by specifically acknowledging: Nettles Lamont, Chair of the Cholmondeley Children’s Centre; Darel Hall, General Manager; and Tutehounuku Korako, Te Hapū o Ngāti Wheke, Patron.

    And to all the very special guests with us here this morning, including members of the Banks Peninsula community, and most importantly, our tamariki – tēnā koutou katoa.

    I am delighted to join you here today, in this beautiful part of our country, to celebrate the 100th birthday of the Cholmondeley Children’s Centre. This extraordinary achievement stands testament, not only to the generous and deeply caring vision of Hugh Heber Cholmondeley, but also to all of the staff, supporters, and volunteers who have worked to uphold that vision over this past century.

    Now before I get too far, some of you in the audience might be wondering who I am and what my job is. I wonder – how many of you have heard of someone called King Charles III?

    King Charles is the King of England – but he is also the King of New Zealand. He lives on the other side of the world, and my job as Governor-General is to do his work for him here in New Zealand.

    I meet all kinds of important people in my job – I meet world leaders and Olympic athletes and award-winning artists – but if I can tell you a small secret: my favourite bit is meeting young people like you. I hope that while you’re here at Cholmondeley, you make new friends, and enjoy learning and playing as much as you can in this beautiful place.

    To all the staff of the Cholmondeley Children’s Centre here today – thank you for the work that you do to make this such a safe and loving environment for our tamariki. Your whakataukī, ‘Whakanuia a tatou tamariki. Value our children’, I see so clearly reflected and embodied in every detail of this wonderful facility – but most of all, in your own commitment and manaakitanga as carers and educators.

    The United Nations’ Convention on the Rights of the Child states that childhood should be a special, protected time – a time in which children should be allowed to grow, learn, and play with freedom and dignity. Even in my short time here, I see that Cholmondeley is a place that wholly upholds that promise – a place for tamariki to feel protected, nurtured, and loved; a place for learning and play, and seeing again the beauty, goodness, and wonder of this world, with that very particular vividness of childhood.

    I wish to take this opportunity to acknowledge all those who support this facility, from the Banks Peninsula and wider Canterbury region – knowing that Cholmondeley relies upon the generosity of this community to carry out its invaluable work.

    My sincerest thanks, finally, to all who have made today possible, and for inviting me here to mark this significant milestone with you all. The beautiful wairua of this place represents the courage and resolve of so many dedicated people, and carries the hopes, dreams, and wellbeing of many more. I wish everyone here, all the very best for your future.

    No reira, tēnā koutou, tēnā koutou, tēnā koutou katoa.

    MIL OSI New Zealand News

  • MIL-OSI: CYCJET Yuchang Industry invites you to attend CHINAPLAS 2025 International Rubber and Plastics Exhibition

    Source: GlobeNewswire (MIL-OSI)

    SHANGHAI, March 16, 2025 (GLOBE NEWSWIRE) — Exhibition name: The 37th China International Plastics and Rubber Industry Exhibition (CHINAPLAS 2025)
    Exhibition time: April 15-18, 2025
    Exhibition location: Shenzhen International Convention and Exhibition Center (Bao’an New Hall)
    CYCJET booth number: 8W81

    1. About CHINAPLAS 2025
    Founded in 1983, CHINAPLAS is one of the most influential exhibitions in the global plastics and rubber industry. The 2025 exhibition will focus on sustainable development and innovation, with an exhibition area of 380,000 square meters and more than 4,000 well-known exhibitors.

    The exhibition not only brings together the latest technologies and products in the industry, but also holds the Global Rubber and Plastic Industry Development Trend and Technology Summit Forum at the same time, focusing on emerging industries such as new energy vehicles, photovoltaics, wind power, hydrogen energy, and discussing hot topics such as digital empowerment and green energy. In addition, the exhibition is expected to attract 250,000 professional buyers from 150 countries and regions, of which overseas visitors account for about 25%, this is not only a weather vane for the development of the industry, but also an excellent opportunity for companies to demonstrate their strength and expand the market, and fully demonstrate the high-value utilization and high-tech production of plastic recycling.

    2. About CYCJET

    CYCJET Yuchang Industrial Co., Ltd., as a leader in product identification solutions, has participated in the CHINAPLAS International Rubber and Plastics Exhibition for six consecutive years. With its outstanding laser inkjet technology and product performance, CYCJET has accumulated rich experience in the field of identification equipment and has won wide market recognition. At this exhibition, we will bring star products such as CYCJET series UV inkjet printers, laser machines, portable handheld inkjet printers, etc. to present you with the latest technological achievements.

    1. UV inkjet printer: It adopts advanced UV inkjet technology to achieve high-precision inkjet coding, can perform high-precision coding on the surface of various materials, and can dynamically adjust the content according to the real-time needs of the production line. It is widely used in packaging identification in food, beverage, pharmaceutical and other industries.

    2. Laser marking machine: It adopts non-contact processing method, which will not cause physical damage to the workpiece and ensure the original accuracy of the workpiece. In addition, the laser marking machine supports real-time data printing, which can meet the needs of complex industrial production. It can engrave clear and permanent marks on the surface of metal, plastic and other materials, and is widely used in automotive parts, electronic components and other industries.

    3.Portable handheld inkjet printer: It is small and portable, flexible to operate, suitable for printing on the surface of various materials, and can meet the needs of rapid on-site marking.

    In addition to these star products, there are also small character inkjet printers, automatic inkjet equipment, etc. These products reflect CYCJET’s unremitting pursuit of logo quality and in-depth insight into customer needs. At the same time, CYCJET’s inkjet printer technology has demonstrated excellent performance and wide application value in many fields such as cartons, medical treatment, lithium batteries, roll film, rulers, pipes, beverage bottles, plastic bags, wood, metal, tires, rulers, etc. It not only improves production efficiency, but also enhances the added value and brand image of products.

    In addition, CYCJET’s technical team has rich experience and expertise, and can provide customers with customized solutions and comprehensive technical support to ensure that any problems encountered by customers during use can be solved promptly and effectively.

    CHINAPLAS 2025 is an excellent platform for gathering industry elites and displaying cutting-edge technologies. CYCJET Yuchang Industrial looks forward to meeting you at the exhibition to discuss industry development trends and share technical experience. Our booth 8W81 will provide you with a full range of product displays and technical support, allowing you to gain a deeper understanding of CYCJET’s strength and innovation. Let us work together to create a better future for the rubber and plastics industry!

    CYCJET is the brand name of Yuchang Industrial Company Limited. As a manufacturer, CYCJET have more than 20 years of experience for R& D different types of handheld inkjet printing solution, Laser printing solution, and portable marking solution, High Resolution Printing solution in Shanghai China.

    Contact Person: David Guo
    Telephone: +86-21-59970419 ext 8008
    MOB:+86-139 1763 1707
    Email: sales@cycjet.com
    Web: https://cycjet.com/
    Reference Video: https://youtu.be/OMlO1H74_U8
    Facebook: https://www.facebook.com/100064098422560/videos/1797672731079290
    Linkedin:https://www.linkedin.com/feed/update/urn:li:activity:7301173476332109824
    Ins: https://www.instagram.com/reel/DGnJl7hR7RM/?igsh=MzRlODBiNWFlZA==

    Keywords :  
    CHINAPLAS2025
    UV inkjet printer
    Laser marking machine
    CO2 laser marking machine
    Laser marking equipment
    Flying laser printer
    Plastic pipe laser marking machine
    Inkjet printer
    High resolution inkjet printer
    Online inkjet printer
    Industrial inkjet printer

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3a8d1cd9-11c9-46af-bd44-7920c1fa9daa

    https://www.globenewswire.com/NewsRoom/AttachmentNg/a5a18db9-a63e-497d-8550-115f19c1a2d0

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e1212ca9-6b14-42b4-942b-71fd8a50eaaa

    https://www.globenewswire.com/NewsRoom/AttachmentNg/f9ceb1a0-cb61-43c7-91da-69d13d22ad8b

    The MIL Network

  • MIL-OSI New Zealand: Maritime Union strongly critical of Tony Gibson appeal

    Source: Maritime Union of New Zealand

    The Maritime Union says an appeal by former Port of Auckland CEO Tony Gibson against health and safety conviction should be dismissed.

    On 26 November 2024, the Auckland District Court held that former Ports of Auckland (POAL) CEO Tony Gibson had failed to exercise his duty of due diligence as an officer of a PCBU (Person conducting a business or undertaking) under the Health and Safety at Work Act 2015.

    Industry regulator Maritime NZ laid charges against Mr Gibson after the death of a stevedore, Pala’amo Kalati, in 2020.

    The Union understands an appeal has been lodged.

    Maritime Union of New Zealand National Secretary Carl Findlay says the conviction of Mr Gibson was an important public recognition of the harm he had caused.

    “One thing we found when Tony Gibson was in charge at the Port was that he always saw himself as right, and saw everyone else as wrong.”

    “This attitude would have fatal consequences.”

    He says Mr Gibson’s regime at Port of Auckland saw multiple deaths and serious injuries, sustained attacks on the workforce, and a failed automation project that cost Aucklanders hundreds of millions of dollars.

    Mr Findlay says the successful recovery of the Port of Auckland since Mr Gibson’s resignation in 2021 confirm previous problems were down to poor management.

    “It has taken several years to turn around the Port but we have done it.”

    Mr Findlay says the recent reappointment of Tony Gibson to a board position at Marsden Maritime Holdings (MMH) in Northland is a travesty.

    “There is no way Tony Gibson should have been appointed to any senior business role, let alone the Board of a maritime and port company.”

    Marsden Maritime Holdings is a New Zealand Exchange-listed (NZX) company, which has a 50% stake in Northport, a marina, and significant industrial land holdings.

    The Maritime Union will continue to campaign for corporate manslaughter laws and was seeking the removal of Mr Gibson from the Board of Marsden Maritime Holdings.

    MIL OSI New Zealand News

  • MIL-OSI China: China’s SF Airlines expands fleet to 90 freighters

    Source: China State Council Information Office

    SF Airlines, China’s largest air-cargo carrier in terms of fleet size, has increased its fleet to 90 freighters, notable progress for the company in strengthening its service capacity in the global market, the cargo carrier announced on Sunday.

    The 90th member of the SF Airlines fleet, a B767-300BCF widebody freighter, arrived at the Shenzhen Bao’an International Airport on Sunday to join the fleet, the cargo carrier said.

    The company disclosed that currently more than 30 percent of its freighter fleet consists of widebody jets — which are key players on its air route networks, reaching destinations both domestically and globally.

    The expansion of the scale and improved structure of its transport capacity will support SF Airlines in its endeavors to broaden its air-cargo transport route network, which reaches over 100 destinations at home and globally. It also enhances the airline’s services for logistics supply chains and customers, the cargo carrier added.

    Headquartered in Shenzhen in south China’s Guangdong Province, SF Airlines received its first freighter and launched its first cargo route back in 2009.

    In 2024, SF Airlines transported more than 1.17 million tonnes of air cargo — exceeding one million tonnes of annual cargo volume for the first time in its history, the company said. 

    MIL OSI China News

  • MIL-OSI China: Shanghai sees record single-day arrival of foreign tourists via cruise ships

    Source: China State Council Information Office

    The Shanghai Wusongkou International Cruise Terminal welcomed a record number of foreign tourists on Sunday, as two large international cruise ships docked at the port.

    The ships, AIDAstella of AIDA Cruises and Spectrum of the Seas belonging to Royal Caribbean International, brought nearly 4,800 foreign tourists to the east China metropolis, marking the highest single-day arrival of international visitors since this Shanghai terminal opened in 2011.

    AIDAstella made its maiden call at the terminal on Sunday. Operated by AIDA Cruises, which primarily serves European markets, the ship is carrying approximately 2,200 foreign tourists, mainly from Germany and Poland, on a 14-day voyage that starts from Bangkok and stops at Vietnam, Japan, and China’s Hong Kong, Taiwan and Shanghai.

    Elizabeth, a tourist from Poland, said: “This is my first time in China, and I’m traveling with my family. I’m looking forward to this trip.” She added that she plans to go to the Great Wall in Beijing on her next trip.

    During their stay, tourists will visit Shanghai’s landmarks, including the Bund, Yuyuan Garden and Oriental Pearl Tower. They will also take trips to nearby cities like Suzhou in east China’s Jiangsu Province.

    Spectrum of the Seas, which operates from Wusongkou as its home port, is carrying about 2,600 foreign tourists on this cruise. Angela Stephen, senior vice president of Royal Caribbean’s international business, praised the terminal’s excellent facilities and beautiful surroundings, emphasizing the company’s confidence in the Chinese cruise market.

    Notably, the growing popularity of “China Travel” has fueled a surge in Shanghai’s cruise tourism market. Upcoming cruise ship visits include Mein Schiff 6 of TUI Cruises both this month and in April, while Costa Serena of Costa Cruises will return to the Chinese market in June.

    Shanghai is leveraging its cruise tourism potential by developing diverse travel products, aiming to establish itself as the premier destination for inbound cruise tourism in China. 

    MIL OSI China News

  • MIL-OSI China: Chinese delegation visits Austria for business cooperation

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

    VIENNA, March 16 — A Chinese business delegation, organized by the China Council for the Promotion of International Trade (CCPIT), visited Austria from March 13 to 16.

    It has been the first large-scale Chinese delegation to visit Austria since the establishment of the new Austrian government.

    Businesses from both sides had in-depth exchanges on industries including automobile, agriculture and food processing, and reached multiple cooperation intentions.

    During the visit, Ren Hongbin, chairman of the CCPIT, made extensive interactions with local political and business representatives and those of relevant UN agencies, highlighting that China stands ready to work with all parties to enhance economic and trade cooperation and promote the stability and smooth flow of global industrial and supply chains.

    Representatives of the Austrian business community expressed their willingness to strengthen cooperation with the Chinese business community and jointly oppose trade protectionism, and they hoped that more Chinese enterprises will invest and do business in Austria.

    MIL OSI China News

  • MIL-OSI: Castellum Announces Pricing of $4.5 Million Public Offering of Common Stock and Warrants

    Source: GlobeNewswire (MIL-OSI)

    VIENNA, Va., March 16, 2025 (GLOBE NEWSWIRE) — Castellum, Inc. (the “Company” and “Castellum”) (NYSE-American: CTM), a cybersecurity, electronic warfare, and software services company focused on the federal government, today announced the pricing of its previously announced public offering of 4,500,000 Units at a public offering price of $1.00 per Unit. Each unit consists of one share of common stock and one warrant to purchase one share of common stock. The warrants will be immediately exercisable at $1.08 per share and will expire 60 days from the date of issuance. The shares of common stock and warrants are immediately separable and will be issued separately.

    Gross proceeds from the offering are expected to be approximately $4.5 million before deducting placement agent fees and estimated offering expenses. Castellum intends to use the net proceeds of the offering for working capital and general corporate purposes.

    Maxim Group LLC is acting as the sole placement agent, on a reasonable best-efforts basis for the offering.

    The closing of the offering is expected to occur on or about March 18, 2025 subject to satisfaction of customary closing conditions.

    A shelf registration statement on Form S-3 (File No. 333-284205) relating to the securities being offered was previously filed with the U.S. Securities and Exchange Commission (the “SEC”) and became effective on January 24, 2025. The shares of common stock and shares underlying the warrants are being offered only by means of a prospectus. A preliminary prospectus supplement and the accompanying prospectus relating to and describing the terms of the public offering have been filed with the SEC. A final prospectus supplement and an accompanying prospectus relating to the offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov. When available, copies of the final prospectus supplement and accompanying prospectus relating to the public offering may be obtained by contacting Maxim Group LLC, at 300 Park Avenue, 16th Floor, New York, NY 10022, Attention: Prospectus Department, or by telephone at (212) 895-3745 or by email at syndicate@maximgrp.com. Before you invest, you should read the preliminary prospectus supplement and accompanying prospectus, together with the information incorporated by reference therein, for more complete information about the Company and the proposed offering. The final terms of the offering will be disclosed in a final prospectus supplement to be filed with the SEC.

    This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

    About Castellum, Inc.

    Castellum, Inc. (NYSE-American: CTM) is a defense-oriented technology company that is executing strategic acquisitions in the cybersecurity, MBSE, and information warfare areas – http://castellumus.com/.

    Forward-Looking Statements:

    This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Words such as “will,” “would,” “believe,” and “expects,” and similar language or phrasing are indicative of forward-looking statements. These forward-looking statements are subject to risks, uncertainties, and other factors, many of which are outside of the Company’s control, that could cause actual results to differ (sometimes materially) from the results expressed or implied in the forward-looking statements, including, among others: the Company’s ability to close the described equity financing; its ability to effectively integrate and grow its acquired companies; its ability to identify additional acquisition targets and close additional acquisitions; the impact on the Company’s revenue due to a delay in the U.S. Congress approving a federal budget; and the Company’s ability to maintain the listing of its common stock on the NYSE American LLC. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in Item 1A. “Risk Factors” section of the Company’s recently filed Form 10-Q, Item 1A. “Risk Factors” in the Company’s most recent Form 10-K, and other filings with the Securities and Exchange Commission which can be viewed at www.sec.gov. These risks and uncertainties, or not closing the described potential equity financing in this press release, could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements. Except to the extent required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, a change in events, conditions, circumstances or assumptions underlying such statements, or otherwise.

    Contact:

    Glen Ives
    President and Chief Executive Officer
    Phone: (703) 752-6157
    Contact: Info@castellumus.com 

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/590352b6-41bd-42db-ae52-4ac6cdaa126b

    The MIL Network