Category: Business

  • India’s economic growth on track despite global challenges: report

    Source: Government of India

    Source: Government of India (4)

    India’s economic growth continues to remain on track despite global uncertainties, supported by improvements in key high-frequency indicators in both the services and manufacturing sectors, according to a report by Bank of Baroda released on Friday.

    The report notes that consumption has gained momentum in the first quarter (Q1) of FY26 compared to the previous quarter. Higher steel consumption, a rise in electronic imports, and increased central government revenue expenditure have contributed to the uptick in demand.

    Services sector activity also showed signs of improvement, as reflected in robust services PMI figures, higher vehicle registrations, increased diesel consumption, stronger revenue collections by states, and growth in e-way bill generation.

    However, the report flagged some concerns regarding the performance of 2-wheeler sales and a slight moderation in consumer durables and FMCG output. Domestic inflation trends remain favourable, which could allow for a softer monetary policy stance and further boost growth.

    The report also highlighted healthy monsoon progress so far, with rainfall about 15 per cent above the long-period average as of July 9, which is expected to support the agricultural sector.

    On the fiscal front, the report said the Central government’s finances remain strong, with the fiscal deficit narrowing to 4.5 per cent of GDP as of May 2025, compared to 4.6 per cent in April 2025.

    The rupee outlook also remains positive. After depreciating by 1.3 per cent in May, the rupee weakened marginally by 0.2 per cent in June and traded in a narrow range towards the end of the month, helped by easing geo-political tensions and a softer US dollar.

    “In July, the rupee is trading with an appreciating bias despite lingering concerns over US tariff policies. This trend is likely to continue with investors hopeful about the timely conclusion of the India-US trade deal before the August 1 deadline,” the report said.

    Globally, the report observed that fresh tariffs and related policy uncertainty are clouding the outlook for growth and inflation. The US Federal Reserve’s minutes indicate that these concerns could limit the scope for monetary policy easing, which may add to market volatility in the coming months.

    -IANS

  • MIL-OSI Banking: Joint Communique of the 58th ASEAN Foreign Ministers’ Meeting Kuala Lumpur 9 July 2025

    Source: ASEAN – Association of SouthEast Asian Nations

    1. The 58th ASEAN Foreign Ministers’ Meeting (AMM) was held on 9 July 2025, in Kuala Lumpur, Malaysia. The Meeting was chaired by Malaysia under the theme “Inclusivity and Sustainability”.
     
    2. The Meeting was opened by The Honourable Dato’ Seri Anwar Ibrahim, Prime Minister of Malaysia. In his remarks, Prime Minister Anwar highlighted ASEAN’s strength in its habits of cooperation and its willingness to keep engaging. He emphasised that ASEAN is a region that charts its own course deliberately, coherently, and with purpose. Prime Minister Anwar underlined the principle of Centrality as ASEAN’s guiding principle, which is crucial for maintaining the region’s role as the primary anchor for dialogue and ensuring external partners continue to find value in engaging with ASEAN. In line with the ASEAN 2045: Our Shared Future, he called for greater synergy across pillars and sectors, and proposed for ASEAN Foreign Ministers and ASEAN Economic Ministers to move in concert in facing challenges. He underscored the importance of fortifying ASEAN’s internal foundations, by increasing intra-ASEAN trade and investment and advancing integration across sectors.
     
    Download the full joint Communique here.

    The post Joint Communique of the 58th ASEAN Foreign Ministers’ Meeting Kuala Lumpur 9 July 2025 appeared first on ASEAN Main Portal.

    MIL OSI Global Banks

  • MIL-OSI: Solargik to Deploy AI-Driven SOMA Pro System Across 85MW of New Italian Solar Tracker Projects

    Source: GlobeNewswire (MIL-OSI)

    • Solargik signs 85MW of new solar tracker deployments in Italy.
    • Partnerships with Revalue and Free Ingegneria bring solar power to areas where conventional solutions cannot operate.
    • Solargik unlocks the potential of sustainable solar power in complex agricultural areas.
    • Solargik’s total Italian pipeline now reaches hundreds of MW, helping accelerate the country’s energy transition.

    Jerusalem and Milan, July 11, 2025 (8:30 AM CET) – Solargik, a global pioneer in photovoltaic terrain-adaptive energy solutions today announced the signing of 85 megawatts (MW) in new utility-scale solar projects across Italy, marking a significant step in opening up solar deployment in areas long considered too steep, constrained, or regulated for viable installation in Europe.

    The contracts – spanning a 45MW portfolio with Revalue, a third agreement with Free Ingegneria, and an additional 20MW challenging AgriPV project in Southern Italy – add to Solargik’s already substantial pipeline in Italy, bringing total signed capacity to hundreds of megawatts, further positioning the company as a key player in driving Italy’s clean energy transition.  From the northeast to the southern regions of Basilicata, the projects reflect a growing shift in the Italian landscape: solar energy reaching areas previously written off as unbuildable or off-limits.

    Solargik unlocks solar growth as land constraints rise in Italy

    In 2024, Italy’s solar energy market saw record growth, adding about 6.8 GW of new solar capacity – a 30% increase over the previous year. As demand soars, competition for suitable land is intensifying, particularly with new national guidelines limiting the use of prime farmland for solar farms. Solargik’s terrain-adaptive and AgriPV-compatible tracker systems offer a timely solution helping Italy expand clean energy capacity even where land is limited.

    “Italy is one of the most strategically important markets for Solargik,” said Gil Kroyzer, CEO of Solargik. “What makes these projects exciting is not just the scale, but the innovation involved – sloped terrain, AgriPV readiness, low-impact deployment. They showcase how our smart systems unlock solar potential in all terrains, including places others would avoid. We’re proud to partner with forward-thinking developers like Revalue, Free Ingegneria, and others, each bringing a unique and ambitious vision that we help turn into reality. These are the kinds of solutions needed to accelerate the energy transition.” 

    Revalue: Scaling solar impact through fast-track deployment

    Solargik’s collaboration with Revalue, 45MW across ten different project sites, is planned for fast-track delivery by the second half of 2025, leveraging Solargik’s low-impact tracking systems to minimize grading and maximize yield across diverse terrain.

    “Solargik brings a rare combination of technical depth and practical execution,” said Luca Di Giacomo, co-CEO of Revalue. “They’ve helped us deploy quickly across multiple sites while meeting both performance and permitting goals.”

    Solargik delivers engineering solution for steep-slope solar sites in 20MW Free Ingegneria portfolio

    Solargik’s contract with Free Ingegneria covers a 20MW portfolio of four ground-mounted solar projects in Italy, all scheduled for completion by 2026. The sites include slopes as steep as 40% – terrain that typically makes solar deployment technically and economically unfeasible.
    Solargik’s solution overcame this barrier by adjusting tracker orientation and deploying short-structure systems engineered for steep and uneven land. This approach allowed the projects to move forward within tight environmental and permitting constraints, without compromising on cost or performance.

    “Solargik’s adaptive engineering gave us options where none seemed possible,” said Marco Giovannini, CEO of Free Ingegneria. “Their ability to rethink standard layouts was essential in overcoming the site’s challenges.”

    AgriPV projects: advancing solar on farmland in Basilicata

    The additional project within Solargik’s 85MW Italian rollout includes an AgriPV development for 20MW in the southern region of Basilicata. The project is situated on sloped agricultural land and includes strict environmental and permitting constraints. Solargik is deploying a specialized tracker system designed for AgriPV environments with 1.3 m ground clearance and a maximum height of 2.5 m. Solargik solutions are designed for low-impact development, avoiding cutting into the terrain, aligning with sustainable permitting policies, and offering a path forward for agricultural zones where conventional systems would be ruled out.

    About Solargik

    Solargik is a global leader in photovoltaic tracking and energy management, specializing in intelligent, terrain-adaptive solar systems that deliver strong performance in complex and constrained environments. Its lightweight, single-axis trackers are engineered for maximum efficiency on slopes up to 30% and in agrivoltaic applications. Powered by the proprietary SOMA Pro SCADA platform, Solargik provides integrated control, real-time diagnostics, predictive automation, and performance optimization. Field-proven across more than 300 projects globally, Solargik helps operators maximize output, reduce costs, and unlock the full potential of every site. Founded by solar industry veterans, Solargik is committed to advancing smarter, more adaptable solutions for the future of renewable energy.

    www.solargik.com

    HEAD OFFICES
    48 Emek Refaim St.
    Jerusalem 9314205
    Israel

    MEDIA RELATIONS — GLOBAL
    Eliav Rodman
    Solargik
    eliavr@solargik.com

    MEDIA RELATIONS — EUROPE
    Giovanni Ca’ Zorzi
    Cohesion Bureau
    giovanni.cazorzi@cohesionbureau.com
    +33 7 84 67 07 27

    Attachments

    The MIL Network

  • MIL-OSI Economics: Strengthening Armenian SMEs: New BSTDB Agreement Signed in Yerevan

    Source: Black Sea Trade and Development Bank

    Press Release | 10-Jul-2025

    USD 7 Million Loan Facility to Enhance SME Competitiveness and Regional Integration

    The Black Sea Trade and Development Bank (BSTDB) signed a new SME loan facility agreement with the Development and Investments Corporation of Armenia (DICA) during the Business Forum “Armenia: Accelerating Regional Success”, held in the margins of the Bank’s Annual Meeting in Yerevan.

    Under the agreement, BSTDB will provide a USD 7 million loan to DICA for on-lending to local small and medium-sized enterprises (SMEs). This second BSTDB facility for our partner institution will support businesses in meeting their capital expenditure and working capital needs.

    The operation reflects BSTDB’s strategic commitment to fostering inclusive economic growth, job creation, and cross-border business ties in line with broader regional development priorities. By targeting the SME sector—a key pillar of Armenia’s economy—the facility aims to boost productivity, improve competitiveness, and expand the export potential of Armenian enterprises.

    Building on a strong track record of cooperation with DICA, the loan will allow BSTDB to deepen its impact in Armenia’s financial sector and extend access to finance for a wider range of entrepreneurs. The initiative supports the Bank’s broader mandate to promote economic resilience and institutional development across the Black Sea region.

    Signing the agreement, the BSTDB President, Dr. Serhat Köksal, commented: “Supporting Armenia’s dynamic SME sector is a priority for BSTDB. Through our partnership with DICA, an Armenian state-owned entity, we are helping businesses access the capital they need to invest, expand, and contribute to the country’s prosperity. Signing this agreement during the Business Forum in Yerevan highlights the role of collaboration in driving private sector development and deepening economic ties across the Black Sea region.”

    “We highly appreciate the continuation of our effective partnership with the Black Sea Trade and Development Bank. This loan agreement is also evidence of our successful cooperation and allows us to expand our investments in the SME sector of Armenia. DICA, as an institution actively participating in the financial system of the Republic of Armenia, is committed to its mission to make financial resources available to the real sector of the economy. The 7 million USD attracted from BSTDB will be directed to increasing the competitiveness of Armenian business, creating jobs and regional integration, contributing to the sustainable development of our country’s economy,” said Artur Badalyan, Executive Director of the Development and Investment Corporation of Armenia (DICA).

     

    The Development and Investments Corporation of Armenia (DICA), was founded in 2009 as a universal credit organization, used as a vehicle to finance Armenian SMEs and certain investment projects and facilitate the development of Armenian economy. 100% of DICA shares are owned by the Government of Republic of Armenia through the Investment Support Center (ISC – 50.9%) and the Ministry of Finance (49.1%). Aiming to develop and strengthen public-private partnership, the Corporation has assumed the role of a special intermediary in the RA financial market, financing the real sector of the economy. DICA is one of the participants in the financial system of the Republic of Armenia, controlled by the Central Bank of the Republic of Armenia. More information at: www.dica.am/en

    The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Türkiye, and Ukraine. The BSTDB headquarters are in Thessaloniki, Greece. BSTDB supports economic development and regional cooperation by providing loans, credit lines, equity and guarantees for projects and trade financing in the public and private sectors in its member countries. The authorized capital of the Bank is EUR 3.45 billion. For information on BSTDB, visit www.bstdb.org.

     

    Contact: Haroula Christodoulou

    : @BSTDB

    MIL OSI Economics

  • MIL-OSI Economics: BSTDB Supports Armenian SMEs with New USD 20 Million Facility to ARMECONOMBANK

    Source: Black Sea Trade and Development Bank

    Press Release | 10-Jul-2025

    New financing to strengthen SME growth, employment, and regional trade ties

    Armenian small and medium-sized enterprises (SMEs) are set to benefit from a new USD 20 million SME Facility provided by the Black Sea Trade and Development Bank (BSTDB) to ARMECONOMBANK (Armenian Economy Development Bank), a longstanding partner financial institution in Armenia.

    Signed on the sidelines of the Bank’s Business Forum, “Armenia: Accelerating Regional Success”, this new facility will be on-lent to Armenian SMEs to enhance their liquidity, expand operations, and strengthen their capacity to engage in cross-border trade. The financing is expected to support employment, income generation, and regional trade growth.

    “Our cooperation with ARMECONOMBANK is a testament to what long-term partnerships can achieve. Over the years of working with our partner bank, we have helped hundreds of Armenian SMEs access funding to sustain their activities and growth plans. This new facility, signed at our Business Forum, underlines BSTDB’s role in fostering regional integration and creating real economic opportunities for Armenian businesses through improved access to finance and cross-border trade”, said Dr. Serhat Köksal, President of BSTDB.

    Artak Arakelyan, the CEO of ARMECONOMBANK OJSC says: “We would like to express our deep gratitude for the strategic cooperation between ARMECONOMBANK and BSTDB starting from far 2007. Throughout these 18 years AEB has emphasized the importance of cooperation with international organizations, the evidence of which is the comprehensive partnership record with first class IFIs witnessed by the successful projects and the level of trust towards the Bank. This is the subsequent SME Facility that will allow our bank to unlock the long-term financing with competitive conditions to clients at this challenging time.”

    BSTDB’s cooperation with ARMECONOMBANK began in 2007 and has since delivered three SME loan facilities totaling USD 25 million.

     

    ARMECONOMBANK OJSC is one of the oldest universal commercial banks in Armenia, focusing on SME and retail business development. Being in the top 10 Armenian banks, it is represented in all regions of the country through a network of 53 branches. Armeconombank is rated by Moody’s Investors Service and Fitch Ratings. Detailed information at: www.aeb.am

    The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Türkiye, and Ukraine. The BSTDB headquarters are in Thessaloniki, Greece. BSTDB supports economic development and regional cooperation by providing loans, credit lines, equity and guarantees for projects and trade financing in the public and private sectors in its member countries. The authorized capital of the Bank is EUR 3.45 billion. For information on BSTDB, visit www.bstdb.org.

     

    Contact: Haroula Christodoulou

    : @BSTDB

    MIL OSI Economics

  • MIL-OSI Economics: BSTDB and Inecobank Expand Support for Armenian SMEs with New USD 10 Million Credit Line

    Source: Black Sea Trade and Development Bank

    Press Release | 10-Jul-2025

    Agreement signed during BSTDB Business Forum in Yerevan bolsters private sector growth

    The Black Sea Trade and Development Bank (BSTDB) and Inecobank have signed a new USD 10 million credit line to support the development of small- and medium-sized enterprises (SMEs) in Armenia. The agreement was signed during the BSTDB Business Forum in Yerevan, a flagship event that promotes regional cooperation and sustainable economic growth.

    The new facility responds to the growing demand for medium-term financing among Armenian SMEs and aims to boost the lending capacity of Inecobank, a leading player in the SME sector. Beyond the direct financial support, it is expected to support job creation, income generation, infrastructure development, and increased trade activity, generating broader multiplier effects across the economy.

    The operation is fully aligned with the priorities of the BSEC Economic Agenda, which promotes regional development, financial inclusion, and the growth of competitive private sector enterprises.

    “This new agreement reflects our strong commitment to strengthening the SME ecosystem in Armenia and across the Black Sea region,” said Dr. Serhat Köksal, President of BSTDB. “By working with a trusted and experienced partner like Inecobank, we are not only expanding access to finance but also investing in long-term institutional development that drives inclusive and resilient growth.”

    “At Inecobank, we value financing that contributes to long-term economic development and business growth.” said Hayk Voskanyan, Chief Executive Officer of Inecobank. “This facility supports our ongoing efforts to expand SME lending in areas where access to capital can drive competitiveness and private sector development. Our collaboration with BSTDB contributes meaningfully to this agenda.”

    This is the fourth credit line BSTDB has provided to Inecobank since the partnership began in 2007. To date, BSTDB has extended over USD 21.8 million in financing to more than 100 Armenian enterprises through Inecobank, contributing meaningfully to private sector expansion and economic diversification.

     

    Inecobank CJSC is a leading financial institution in the South Caucasus, offering a full range of banking services to individuals, SMEs, and large enterprises. Established in 1996, the bank serves over 600,000 clients across Armenia and is recognized for its focus on innovation and modern banking solutions. Inecobank maintains strong relationships with top international financial institutions and partners with over 30 global organizations through diverse financing programs.

    The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Türkiye, and Ukraine. The BSTDB headquarters are in Thessaloniki, Greece. BSTDB supports economic development and regional cooperation by providing loans, credit lines, equity and guarantees for projects and trade financing in the public and private sectors in its member countries. The authorized capital of the Bank is EUR 3.45 billion. For information on BSTDB, visit www.bstdb.org.

     

    Contact: Haroula Christodoulou

    : @BSTDB

    MIL OSI Economics

  • MIL-OSI Economics: BSTDB Backs Expansion of Leading Armenian Supermarket Chain

    Source: Black Sea Trade and Development Bank

    Press Release | 10-Jul-2025

    €15 Million Loan to SAS Group Will Boost Retail Infrastructure, Jobs, and Local Farming

    The Black Sea Trade and Development Bank (BSTDB) is providing a €15 million loan to SAS Group LLC, one of Armenia’s top retail companies, to support its expansion plans and strengthen the country’s retail sector.

    The financing will fund the construction of new retail outlets in Yerevan and help refinance existing obligations, reinforcing the company’s financial sustainability and long-term growth. A trusted partner of BSTDB since 2007, SAS Group has consistently demonstrated strong operational performance and commitment to quality service in Armenia’s retail sector.

    “This investment reflects BSTDB’s continued commitment to fostering private sector growth in Armenia,” said Dr. Serhat Köksal, President of BSTDB. “By supporting a well-established local company like SAS Group, we are helping to modernize retail infrastructure, enhance consumer access, and create tangible economic value—from increased employment to stronger links with domestic producers. I am especially pleased to conclude our Armenia Business Forum with the signing of this agreement, which exemplifies the kind of partnership and progress we aim to promote across the region.”

    “We are pleased to have agreed a new long-term loan from our established partner BSTDB.  This financing will support our investments, leading to improved level of service and bringing benefits to our customers.” said Artak Sargsyan, SAS Founder.

     

    Established in 1998, SAS-Group LLC one of the leading retail trade operators in Armenia. The Company operates in total ten retail outlets: eight supermarkets and two “Home Stores” in Yerevan.

    The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Türkiye, and Ukraine. The BSTDB headquarters are in Thessaloniki, Greece. BSTDB supports economic development and regional cooperation by providing loans, credit lines, equity and guarantees for projects and trade financing in the public and private sectors in its member countries. The authorized capital of the Bank is EUR 3.45 billion. For information on BSTDB, visit www.bstdb.org.

     

    Contact: Haroula Christodoulou

    : @BSTDB

    MIL OSI Economics

  • MIL-OSI: Intra-Group Merger

    Source: GlobeNewswire (MIL-OSI)

    Balti Võlgade Sissenõudmise Keskus OÜ and Rüütli Property, both subsidiaries of Bigbank AS, signed a merger agreement on 10 July 2025 with aim of simplifying the group structure.

    According to the agreement, OÜ Rüütli Property will be the acquiring company. As a result of the merger, Balti Võlgade Sissenõudmise Keskus OÜ will be dissolved, and OÜ Rüütli Property will continue as its legal successor. The merger date is 01 January 2025.

    This transaction does not have any effect on Bigbank AS group consolidated profit, assets or liabilities.

    Bigbank AS (www.bigbank.eu), with over 30 years of operating history, is a commercial bank owned by Estonian capital. As of 31 May 2025, the bank’s total assets amounted to 3.0 billion euros, with equity of 278 million euros. Operating in nine countries, the bank serves more than 172,000 active customers and employs 600 people. The credit rating agency Moody’s has assigned Bigbank a long-term bank deposit rating of Ba1, along with a baseline credit assessment (BCA) and an adjusted BCA of Ba2.

    Argo Kiltsmann
    Member of the Management Board
    Tel: +372 53 930 833
    E-mail: Argo.Kiltsmann@bigbank.ee 
    www.bigbank.ee

    The MIL Network

  • MIL-OSI Banking: From the Slopes of Kibuka: How women are building a better future

    Source: African Development Bank Group
    The road to Kibuka clings to the mountainside, a winding ribbon of gravel and red clay cutting through misty forests. There are no guardrails—just sheer drops into a sea of green. Occasionally, a weathered pickup or motorbike emerges from the fog, making a careful descent from the village above.

    MIL OSI Global Banks

  • MIL-OSI Banking: African Development Bank to host “A Spatial Event! Mapping the Future: Harnessing Geospatial Tools for Transformative Development.”

    Source: African Development Bank Group
    WHAT:        Leading-Edge Insights (LEI) Series
    WHO:         African Development Bank Group
    WHEN:      24 July 2025; 14:00 –16:00 GMT
    WHERE:    Hybrid – African Development Bank Group Headquarters, Room 02S06 , CCIA Building, Plateau, Abidjan, Côte d’Ivoire and Virtual (Online Event)

    MIL OSI Global Banks

  • MIL-OSI China: Traditional industries bloom anew in China’s modernization push

    Source: China State Council Information Office

    From steel mills adopting AI-powered systems to textile factories deploying cutting-edge automation, China’s traditional industries are undergoing a significant transformation.

    Spearheaded by President Xi Jinping, this drive is injecting fresh vitality into traditional sectors that underpin the country’s modern industrial base.

    Under Xi’s watch, China is doubling down on boosting the competitiveness and sustainability in these sectors, which generate about 80 percent of the country’s manufacturing output and play a vital role in supporting employment and broader economic growth.

    “The real economy should not be neglected. Nor should the traditional industries within it. And industrial transformation and upgrading must be realized through sci-tech innovation,” Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, said while visiting Yangquan Valve Co., Ltd., a century-old enterprise, during an inspection tour in north China’s Shanxi Province this week.

    By focusing on innovation and boosting investment in research and development, the company has earned the designation of a “little giant” enterprise, a title for outstanding specialized, high-tech small and medium-sized firms. It has obtained dozens of patents and expanded its global footprint through exports to countries including the United States, India and Pakistan.

    During this visit to the company, Xi emphasized that traditional manufacturing is an important part of the real economy, and called for efforts to respond to market demand and enhance sci-tech innovation to breathe new life into traditional industries.

    Boosting the development of traditional industries has been high on the agenda of Xi.

    During his domestic inspections in recent years, Xi has regularly visited enterprises and factories. He inspects production lines and engages in conversations with frontline workers, gaining a firsthand understanding of the products and the progress involving transformation and upgrading.

    These on-the-ground surveys have reinforced China’s push for transformation and upgrading tailored to regional strengths, rather than relying on a one-size-fits-all approach.

    This emphasis was highlighted during an inspection tour of southwest China’s Yunnan Province in March, where Xi urged all regions to pursue industrial transformation and upgrading based on local conditions, in line with economic principles, while making full use of their unique strengths.

    “Old enterprises can also pursue high-end, smart and green transformation. It is crucial not to dismiss traditional industries as uniformly ‘low-end’ or ‘backward’ and simply phase them out, as doing so could lead to a disruption in the transition from old to new growth drivers, cause a loss of momentum, and exacerbate the pains of structural adjustment,” Xi said during an inspection tour in Liaoning Province in January.

    Since introducing the concept of new quality productive forces in 2023, Xi has consistently highlighted that traditional industries are the cornerstone for developing advanced productive capabilities.

    During a deliberation at the annual national legislative session last year, Xi noted that developing new quality productive forces “does not mean neglecting or abandoning traditional industries.”

    This point was further reiterated in May last year when he visited Shandong Province and commended Rizhao Port for its successful transformation from a traditional port into a modern one. “The port has not only achieved top-tier cargo throughput nationwide but has also gained valuable insights into fostering new quality productive forces through the transformation and upgrading of traditional industries,” Xi said.

    Guided by his vision, China has made significant progress in accelerating the transformation and upgrading of traditional industries, steering them toward more advanced, intelligent and greener development.

    Technologies like industrial internet, 5G and AI have been extensively applied in traditional industries. In 2024, investment in technological upgrades in the manufacturing sector increased by 8 percent year on year, outpacing the overall investment growth.

    In key energy-consuming industries such as chemicals, building materials, steel and non-ferrous metals, energy consumption per unit of value-added output fell in 2024 from the previous year.

    Looking ahead, China will take comprehensive measures, including pushing technological advances as well as large-scale equipment renewal projects in the manufacturing sector, and accelerating the digitalization of manufacturing, to promote traditional industry transformation and upgrading, according to this year’s government work report.

    “In the past, Chinese workers made arduous manual efforts to hammer away at the country’s industrial development. Today, it must be upgraded through advanced technologies and equipment,” Xi said, stressing that the real economy makes the country prosperous and solid work makes it flourishing.

    MIL OSI China News

  • MIL-OSI China: Chinese premier returns to Beijing after official visit to Egypt

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

    BEIJING, July 11 — Chinese Premier Li Qiang returned to Beijing on Friday aboard a chartered plane after concluding an official visit to Egypt.

    Li was seen off from the airport by the Egyptian Minister of Investment and Foreign Trade Hassan El Khatib and Chinese Ambassador to Egypt Liao Liqiang.

    MIL OSI China News

  • Amarnath Yatra: Over 1.45 lakh devotees have ‘darshan’ in eight days

    Source: Government of India

    Source: Government of India (4)

    Over 1.45 lakh devotees have undertaken the Amarnath Yatra in the first eight days, with another batch of 6,482 pilgrims leaving for the Kashmir Valley from Jammu on Friday.

    According to officials, more than 1.45 lakh pilgrims have had ‘darshan’ at the holy cave shrine.

    “Another batch of 6,482 Yatris left the Bhagwati Nagar Yatri Niwas in two escorted convoys for the Valley today. The first convoy, comprising 107 vehicles and carrying 2,353 Yatris, departed at 3:20 a.m. for the Baltal base camp. The second convoy, consisting of 161 vehicles and carrying 4,129 Yatris, left at 4:04 a.m. for the Nunwan (Pahalgam) base camp,” officials said.

    The Bhumi Pujan of the ‘Chhari Mubarak’ (Lord Shiva’s Holy Mace) was performed at Pahalgam on Thursday.

    The Chhari Mubarak was brought to Pahalgam by a group of sadhus led by its sole custodian, Mahant Swami Deependra Giri, from its traditional seat at the Dashnami Akhara Building in Srinagar.

    In Pahalgam, the Chhari Mubarak was first taken to the Gauri Shankar Temple, where the Bhumi Pujan was performed. It was then carried to the Martand Sun Temple, where another puja was held, followed by a ceremonial dip in the holy spring at the temple.

    The Chhari Mubarak will reach the holy cave shrine on August 9, marking the official conclusion of this year’s Yatra.

    In addition to those arriving at the Bhagwati Nagar Yatri Niwas in Jammu, many pilgrims are also reporting directly at the Baltal and Nunwan (Pahalgam) base camps for on-the-spot registration.

    Authorities have made extensive multi-tiered security arrangements for this year’s Amarnath Yatra, especially in the wake of the Pahalgam terrorist attack.

    To ensure safety, an additional 180 companies of Central Armed Police Forces (CAPFs) have been deployed to strengthen the presence of the Army, BSF, CRPF, SSB, and local police.

    All transit camps en route to the two base camps, as well as the entire stretch from Bhagwati Nagar in Jammu to the holy cave shrine, are under strict security coverage.

    This year, the Yatra began on July 3 and will conclude after 38 days on August 9, coinciding with Shravan Purnima and Raksha Bandhan.

    (With inputs from IANS)

     

  • MIL-OSI China: Trump says US to impose 35 pct tariffs on Canada starting Aug. 1

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

    U.S. President Donald Trump on Thursday announced a 35 percent tariff on imports from Canada starting Aug. 1.

    Trump posted a letter addressed to Canadian Prime Minister Mark Carney on his social media platform Truth Social, criticizing Canada for retaliating against previous U.S. tariffs.

    He pointed out that the new tariff is in part caused by the flow of fentanyl from Canada, as well as allegedly unfair trade practices, and that he would “consider an adjustment” to the tariffs if Canada cooperated with the United States to stop the flow of fentanyl.

    Trump used basically the same wording in the letter as that in the more than 20 letters sent to leaders of other countries earlier this week, such as warning them not to retaliate, urging them to move companies to the United States and the rates may be adjustable if they cooperate.

    According to an NBC News report, Trump said that blanket tariffs of 15-20 percent will be imposed on most trading partners.

    “We’re just going to say all of the remaining countries are going to pay, whether it’s 20 percent or 15 percent. We’ll work that out now,” Trump told NBC News in a phone interview.

    The Trump administration had previously imposed a 25 percent tariff on Canadian goods, but later exempted products covered under the U.S.-Canada-Mexico trade deal. 

    MIL OSI China News

  • Sensex, Nifty open lower amid uncertainty around Trump tariffs

    Source: Government of India

    Source: Government of India (4)

    The Indian equity market indices opened lower on Friday amid lingering uncertainty over US President Donald Trump’s trade policies, as he continues to threaten higher tariffs across various sectors and countries.

    At 9:20 am, the Sensex was down 224 points, or 0.27 per cent, at 82,965, while the Nifty shed 65 points, or 0.26 per cent, to trade at 25,289.

    Marginal buying was seen in midcap and smallcap stocks. The Nifty Midcap 100 index was up 60 points, or 0.10 per cent, at 59,220, while the Nifty Smallcap 100 index rose 11 points, or 0.06 per cent, to 18,967.

    According to analysts, given the current environment marked by uncertainty and heightened volatility, traders are advised to adopt a cautious “wait and watch” approach, especially with leveraged positions. Booking partial profits during rallies and using tight trailing stop-losses is recommended.

    In the Sensex pack, HUL, Asian Paints, Axis Bank, NTPC, Power Grid, Tata Steel, SBI, Adani Ports, Sun Pharma, and ITC were among the major gainers. TCS, Infosys, M&M, Tech Mahindra, HCL Tech, Bharti Airtel, Bajaj Finserv, and Trent were the prominent losers.

    On the sectoral front, PSU banks, financial services, pharma, FMCG, and metal stocks were trading in the green, while auto, IT, realty, and media sectors were in the red.

    In Asia, stock markets traded mixed. Japan’s Nikkei 225 and South Korea’s KOSPI were trading flat, while China’s Shanghai Composite and Hong Kong’s Hang Seng gained over one per cent.

    Overnight in the US, Wall Street’s major indices, the S&P 500 and the tech-heavy Nasdaq Composite, closed at record highs. The Dow Jones climbed 0.43 per cent and the S&P 500 rose 0.27 per cent.

    Foreign institutional investors (FIIs) bought equities worth Rs 221 crore on July 10, while domestic institutional investors (DIIs) purchased shares worth Rs 591 crore on the same day.

    President Trump has announced 35 per cent tariffs on Canada and warned of higher levies if Ottawa retaliates. These tariffs will come into effect on August 1. Recently, Trump also threatened to impose a 50 per cent tariff on Brazilian imports unless Brazil halts legal proceedings against former President Bolsonaro.

    —IANS

  • MIL-OSI Russia: NSU developed a board game “Startup Race”

    Translation. Region: Russian Federal

    Source: Novosibirsk State University –

    An important disclaimer is at the bottom of this article.

    NSU Startup Studio developed a board game “Startup Race”, which simulates the actions of a startup in a real market. The game includes all stages of a startup’s life – from developing an idea to exiting the project. It allows you to show students and anyone interested in and planning to engage in entrepreneurship in a simple form what awaits them in the market. The game is implemented in a rare genre of “strategic puzzle”, at the moment there are no analogues on the market. In the near future, a boxed version of the game will appear, which will be available for pre-order. Anyone can buy it.

    The game is structured as follows: participants roll dice in accordance with the stage of the startup’s life, which is announced in advance by the game host. They draw cards from the deck, presented as Tetris figures. The figures build a line, which, in essence, reflects the entire life cycle of the project. Cards or figures are opportunities (for example, fundraising) or risks.

    The first stage of startup development is the idea, when the project is just emerging. It is the easiest for players, since at the very beginning, participants have the most cards and it is easiest to lay the foundation for further development of the project. The next stage is MVP (Minimum Viable Product), that is, the creation of a minimum viable product. At this stage, some obstacles to the development of the project appear, for example, the idea has not come true or the participant cannot achieve certain technical indicators. The number of figures decreases.

    The next stage is Product-Market Fit (PMF), i.e. checking the product’s compliance with the market. At this stage, players develop a concept taking into account the real market situation, a marketing plan, and the project gets its first real clients. At the same time, risks arise that can destroy the project.

    Next comes the scaling stage, when the project can already attract fundraising funds, which is also reflected in the game. Fundraising funds are special cards that provide a significant boost to the further development of the project. The last stage is exiting the project, which is associated with the greatest risks for the creator. Investments can also be attracted at this stage, but the opportunities for scaling are limited. This is one of the longest stages for the project and its founder. Possible exit strategies include selling the business, shares, public offering of shares (IPO), etc.

    — A player can develop several projects simultaneously and build different strategies on several markets — tracks. It is very important that your main project, on which you place a high bet, has repeating figures. There are risks — these are cards that can remove one of the figures within the entire chain, which can lead to the collapse of the project. There are specialized cards — fundraising, which, on the contrary, give you additional opportunities. In terms of Tetris, these are the most “favorable” figures — for example, a long straight line. You can simultaneously invest in several projects or develop only one, but in any case, your task is to successfully develop the project, go through all the stages and bring the startup to the final stage as quickly as possible, — explained Konstantin Kravtsov, an employee of the NSU Startup Studio.

    The game simulates market competition, so within its framework you can hinder or, conversely, help your rivals. Also here are such mandatory elements of entrepreneurial activity as risk assessment and diversification, choice of development strategy – conservative or risky. Thus, the game in a simplified mechanical form simulates the actions of a person who develops his startup on the market.

    The game is designed for different groups of people, including those who are not very knowledgeable about the startup market; children also actively play it.

    — The Startup Race is not just entertainment, but a tool for involving the general public in entrepreneurship. It helps to understand that a startup is not just a “cafe”, but an innovative, fast-growing business that scales. The NSU Startup Studio team plans to replicate the game. At first, it will be packaged in a boxed version, and then it will be available for pre-order. The possibility of creating an elite version of the game, which can be used as representative gifts, is also being considered, — emphasized Alexey Starostin, a representative of the NSU Startup Studio.

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

    .

    MIL OSI Russia News

  • MIL-OSI Australia: MEDIA RELEASE: ‘Same job same pay’ orders for BHP coal mines

    Source:

    Statement by Steve Knott AM, Chief Executive
    Australian Resources & Energy Employer Association (AREEA)

    The Fair Work Commission (FWC) has today granted “same job same pay” orders covering Operations Services (OS) employees working at three BHP Queensland coal mines, finding OS employees were supplied to BHP Coal for their labour rather than to provide services.

    The decision is considered an important test case of the same job same pay laws, marking the first time an employer has sought to rely upon provisions that prevent the FWC from making orders where arrangements are for the provision of services rather than the supply of labour.

    Known as the “service contractor exemption”, these provisions were negotiated into the same job same pay laws by AREEA when it became clear in late 2023 that the Albanese Government had enough support in the Senate to legislate their long-held policy.

    To determine whether an arrangement is for the provision of a service or for the supply of labour, the FWC must consider several criteria including how involved the employer is in the performance of work, who supervises or controls employees, and which entity supplies the systems, equipment and structures of work.

    Today’s decision reflects the FWC’s considerations of how work is performed at the relevant BHP sites and its view that the BHP-OS arrangements do not satisfy the service contractor exemption.

    Having carefully reviewed the Full Bench’s conclusions, it’s clear the FWC is prevented from making orders covering genuine service contracting arrangements.

    This exemption will apply to any service business – from specialist mining contractors to cleaning and catering companies – where they demonstrate they supervise their own employees, control their performance of work, supply them with equipment, and other factors.

    As stated by the Full Bench:

    Subsection (1) confers the power, and obligation, to make a regulated labour hire arrangement order. That section is rendered inoperative unless the Commission is positively satisfied that the performance of work is not or will not be for the provision of a service, rather than the supply of labour.
    – Paragraph 23, [2025] FWCFB 134

    AREEA intervened in this important FWC matter to reaffirm the commitments made by the Government at the time of our negotiations that it did not intend for the same job same pay laws to cover genuine service contracting arrangements.

    We note it is open to the affected employers to appeal the FWC’s decision to the Federal Court should they believe jurisdictional or factual errors have been made.

    With the Federal Government focused on national productivity, it’s also important to consider the wider commercial ramifications of such decisions.

    Increasing labour costs at some of Australia’s most productive mining operations, in this case to the tune of some $1.3 billion, will fundamentally impact long-term investment and employment decisions.

    This will be to the detriment of the mining sector workforce, regional communities, and all the small and medium businesses that service large project operators along the supply chain.

    AREEA’s position is amendments are needed to ensure the ‘same job same pay’ is targeted at clear cases where there is evidence that labour hire is being used to undermine, undercut or avoid the payment of enterprise agreement wages.

    Businesses that supply labour to clients via legitimate and lawful above-award arrangements provide an invaluable service to the economy, and they must be allowed to do so with certainty and confidence.

    MIL OSI News

  • MIL-OSI: Tryg A/S – interim report Q2 and H1 2025

    Source: GlobeNewswire (MIL-OSI)

    Tryg’s Supervisory Board has today approved the interim report for Q2 and H1 2025.

    Tryg reported an insurance service result of DKK 2,307m (DKK 2,020m) and a combined ratio of 77.2% (78.8%) in Q2 2025. The higher insurance service result was supported by a growth of 4.0% (3.9%) in local currencies and a continued underlying profitability improvement. The investment result was at DKK 110m (DKK 538m). Pre-tax profit was DKK 2,035m (DKK 2,129m) and profit after tax was DKK 1,531m (DKK 1,642m). Ordinary dividend of DKK 2.05 (DKK 1.95) per share for the quarter, is an increase of more than 5% from last year. The reported solvency ratio at the end of Q2 2025 was 199% (195% Q1 2025), supportive of future shareholder remuneration.

    Financial highlights Q2 2025

    • Insurance revenue growth of 4.0% in local currencies (3.9%)
    • Insurance service result of DKK 2,307m (DKK 2,020m)
    • Combined ratio of 77.2% (78.8%)
    • Expense ratio of 13.5% (13.6%)
    • Investment result of DKK 110m (DKK 538m)
    • Profit before tax of DKK 2,035m (DKK 2,129m)
    • Ordinary dividend of DKK 2.05 (DKK 1.95) per share and solvency ratio of 199% (195% Q1 2025)

    Financial highlights H1 2025

    • Insurance revenue growth of 3.9% in local currencies (4.4%)
    • Insurance service result of DKK 3,846m (DKK 3,300m)
    • Combined ratio of 80.7% (82.7%)
    • Expense ratio of 13.4% (13.6%)
    • Investment result of DKK 430m (DKK 650m)
    • Profit before tax of DKK 3,526m (DKK 3,136m)
    • Ordinary dividend of DKK 4.10 (DKK 3.90) per share and solvency ratio of 199%

    Customer highlights Q2 2025

    • Customer satisfaction score of 82 (baseline 2024 is 81)

    Statement by Tryg Group CEO, Johan Kirstein Brammer:
    In the past quarter, we have continued to strengthen our core business, allowing us to report a strong insurance service result for Q2 2025 and maintaining a solid combined ratio. We have once again managed to increase our customer satisfaction, while at the same time improving our underlying claims ratio. We are sustaining strong early progress as we execute our 2027 strategy as a result of several targeted initiatives across our markets such as continued profitability improvements in Norway, while we are firmly in control of developments in the motor portfolio as frequencies and average claims develop favourably.

    New accounting policy: Adjusted financial key figures

    In March 2025, Tryg published a newsletter on a change in the hedging strategy of inflation risk related to long-tailed lines of business. In accordance with accounting regulation, comparison figures have been restated. Q2 2024 was significantly affected, hence a comparison of reported and restated figures are shown below. The restatement simply moves income between the insurance service result and the investment result, and hence the profit/loss before tax is unchanged. For more details on the inflation hedge, see the IR newsletter.

    Restated key figures for Q2 2024 (*):

    DKKm Q2 2025 Q2 2024
    reported
    Q2 2024
    restated
    Insurance service result 2,307 2,212 2,020
    Net investment result 110 347 538
    Other income and costs -381 -430 -430
    Profit/loss before tax 2,035 2,129 2,129


    Conference call
    Tryg hosts a conference call today at 10:00 CET. CEO Johan Kirstein Brammer, CFO Allan Kragh Thaysen, CTO Mikael Kärrsten and Head of Financial Reporting, SVP Gianandrea Roberti will present the results in brief followed by Q&As.

    The conference call will be held in English. An on-demand version will be available shortly after the conference call has ended.

    Conference call details:
    Danish participants:        +45 78 76 84 90
    UK participants:        +44 203 769 6819
    US participants:        +1 646 787 0157
    PIN: 560768

    The interim report material can be downloaded on www.tryg.com/downloads-2025 shortly after the time of release.

    Contact information:

    Visit tryg.com for more information.

    Attachment

    The MIL Network

  • MIL-OSI: Tryg Forsikring A/S half-year report 2025

    Source: GlobeNewswire (MIL-OSI)

    Tryg Forsikring A/S has published its half-year report 2025. Download the report at www.tryg.com

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

    Attachment

    The MIL Network

  • MIL-OSI Economics: Result of the 7-day Variable Rate Reverse Repo (VRRR) auction held on July 11, 2025

    Source: Reserve Bank of India

    Tenor 7-day
    Notified Amount (in ₹ crore) 2,50,000
    Total amount of offers received (in ₹ crore) 1,51,633
    Amount accepted (in ₹ crore) 1,51,633
    Cut off Rate (%) 5.49
    Weighted Average Rate (%) 5.49
    Partial Acceptance Percentage of offers received at cut off rate NA

    Ajit Prasad          
    Deputy General Manager
    (Communications)     

    Press Release: 2025-2026/694

    MIL OSI Economics

  • MIL-OSI Economics: Result of the 7-day Variable Rate Reverse Repo (VRRR) auction held on July 11, 2025

    Source: Reserve Bank of India

    Tenor 7-day
    Notified Amount (in ₹ crore) 2,50,000
    Total amount of offers received (in ₹ crore) 1,51,633
    Amount accepted (in ₹ crore) 1,51,633
    Cut off Rate (%) 5.49
    Weighted Average Rate (%) 5.49
    Partial Acceptance Percentage of offers received at cut off rate NA

    Ajit Prasad          
    Deputy General Manager
    (Communications)     

    Press Release: 2025-2026/694

    MIL OSI Economics

  • MIL-OSI: XRP Pushes Toward $5 After Senate Momentum — MAGACOIN FINANCE Launches Cross-Wallet Access Feature

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 11, 2025 (GLOBE NEWSWIRE) — MAGACOIN FINANCE today announced the launch of its cross-wallet access feature, enabling seamless user interaction across both mobile and desktop ecosystems. This infrastructure advancement comes as the digital asset sector experiences renewed institutional interest and regulatory clarity.

    The cross-wallet integration represents a significant milestone in MAGACOIN FINANCE’s roadmap execution, coinciding with the project’s ongoing CertiK smart contract audit that reinforces its commitment to long-term integrity and security infrastructure.

    Key Features of MAGACOIN FINANCE’s Cross-Wallet Integration:

    • Full compatibility with MetaMask, Trust Wallet, and Coinbase Wallet
    • Secure multi-device syncing with built-in anti-phishing protocols
    • Enhanced user interface designed to streamline staking, rewards, and future on-chain services
    • Seamless accessibility across mobile and desktop platforms

    The feature rollout aligns with MAGACOIN FINANCE’s focus on user-protection standards and accessibility, addressing modern investor expectations around security, auditability, and risk mitigation.

    “This cross-wallet integration marks a pivotal step in our infrastructure evolution,” said a MAGACOIN FINANCE spokesperson. “We’re building with modern tools that meet emerging expectations around accessibility and security, positioning ourselves for widespread adoption in the evolving digital asset landscape.”

    The announcement follows MAGACOIN FINANCE’s recent progress on multiple fronts, including the ongoing CertiK audit process and continued development of its compliance-focused ecosystem.

    Key Milestones Achieved by MAGACOIN FINANCE:

    • Fully audited and transparent smart contract.
    • Over $10.54 million raised from real, verified investors.
    • Clear and fair tokenomics with public accountability.
    • Strategic roadmap featuring staking rewards, community incentives, and upcoming centralized exchange (CEX) listings.
    • Analysts project up to 75x returns based on current pricing and anticipated post-launch adoption.

    As regulatory frameworks continue to evolve and institutional interest in digital assets grows, MAGACOIN FINANCE positions itself as a technologically advanced project built from the ground up with compliance alignment and scalable infrastructure.

    About MAGACOIN FINANCE

    MAGACOIN FINANCE is building a future-ready crypto ecosystem centered on integrity, utility, and investor-first design. The project is engineered to meet modern standards for security and transparency, with a fully audited smart contract and a structured token model that promotes long-term health. By prioritizing risk-reduction, compliance alignment, and scalable infrastructure, MAGACOIN FINANCE aims to provide a reliable foundation for widespread adoption in the evolving digital asset landscape.

    For full details and participation options please visit:

    Contact Details

    For investor inquiries, media coverage, or partnership opportunities, please contact our dedicated PR team:

    PR Specialist:

    Rebecca Miles
    Email: rebecca@magacoinfinance.com

    Disclaimer: This press release is provided by MAGACOIN FINANCE. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. Speculate only with funds that you can afford to lose. In the event of any legal claims or charges against this article, we accept no liability or responsibility.
    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a5582c7e-323d-4b38-b84b-0cdb3ecddee5

    The MIL Network

  • MIL-OSI: Northern Markets Rolls Out New Market Dashboards Designed to Cut Through the Noise

    Source: GlobeNewswire (MIL-OSI)

    LONDON, July 11, 2025 (GLOBE NEWSWIRE) — Northern Markets, a global investment firm offering access to multi-asset trading, has introduced a new set of market dashboards aimed at simplifying how traders view market trends, asset performance, and financial data. The latest rollout is now live on its platform and available to all users across supported regions.

    The dashboards were created to assist traders in handling the rising amount of data in today’s financial markets. The startup hopes to decrease clutter and enhance decision-making across several asset classes, including stocks, crypto, indexes, and commodities, by condensing essential data and live updates into a single screen. Both desktop and mobile versions of the platform support the capability.

    The company claims that the dashboards are designed to emphasize the most important information during volatile times. They include price alerts sections, sector heatmaps, asset-specific news, top movers, and volume trends. The aim is to make traders more responsive by detecting pertinent market changes in real time.

    “Traders today are overwhelmed by information. Our goal was to build a dashboard that puts the most relevant data front and center,” said a Northern Markets spokesperson. “Instead of navigating through several feeds and pricing windows, customers may now obtain a condensed view focused on the assets that are most important to them.”

    The new dashboard also indicates an increasing tendency of investment platforms to incorporate smart layout tools that support various trading styles. Depending on the strategy, whether short-term, swing or position trading, the user can customize the filters and layout options of the dashboard.

    Simplifying Access to Market Movement

    As the pace of the global market accelerates, investors and retail traders are seeking tools that not only present data but also explain it in a clearer manner. Northern Markets’ dashboard was built with this concern in mind.

    Designed to be minimal yet informative, the feature integrates watchlists, custom filters, and sector breakdowns. Users can organize assets by categories like volatility, trade volume, or percentage change. The dashboard updates continuously during market hours to reflect live movement.

    The platform’s development team noted that this update is part of a broader effort to reshape the user experience by reducing noise and cutting the time spent on basic analysis. While the dashboard does not offer automated recommendations or trading signals, it serves as a base layer for traders to make their own calls.

    “We didn’t want to automate the thinking for traders. This tool is meant to enhance how they read the markets, not tell them what to do,” said the company expert. “It’s about efficiency, not control.”

    The update has been introduced without the need for separate installation or upgrades, and users will see the new dashboard automatically integrated within their existing account view.

    Looking Ahead

    As markets grow more complex, platforms are under pressure to provide more useful visual tools without overwhelming the user. Northern Markets’ dashboard addition marks a step in that direction. While it does not include predictive analytics or trading automation, it aligns with the broader industry move toward personalization and layout-based functionality.

    The company stated that future updates to the dashboard may include more asset overlays and integration with calendar events and earnings reports. However, the current version remains focused on simplicity and ease of access.

    About Northern Markets

    Northern Markets is a global investment firm offering access to a diverse range of financial instruments, including cryptocurrencies, equities, indices, and commodities. Known for its data-driven approach and personalized account management, Northern Markets empowers clients with tools, insights, and support to navigate today’s complex financial landscape. With a strong focus on transparency and regulatory alignment, the company continues to be a trusted resource for modern investors worldwide.

    Media Contact:
    Name: Daniel Simon
    Email: support@northmarkets.email
    Website: https://northmarkets.io/

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

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    The MIL Network

  • MIL-OSI: Northern Markets Rolls Out New Market Dashboards Designed to Cut Through the Noise

    Source: GlobeNewswire (MIL-OSI)

    LONDON, July 11, 2025 (GLOBE NEWSWIRE) — Northern Markets, a global investment firm offering access to multi-asset trading, has introduced a new set of market dashboards aimed at simplifying how traders view market trends, asset performance, and financial data. The latest rollout is now live on its platform and available to all users across supported regions.

    The dashboards were created to assist traders in handling the rising amount of data in today’s financial markets. The startup hopes to decrease clutter and enhance decision-making across several asset classes, including stocks, crypto, indexes, and commodities, by condensing essential data and live updates into a single screen. Both desktop and mobile versions of the platform support the capability.

    The company claims that the dashboards are designed to emphasize the most important information during volatile times. They include price alerts sections, sector heatmaps, asset-specific news, top movers, and volume trends. The aim is to make traders more responsive by detecting pertinent market changes in real time.

    “Traders today are overwhelmed by information. Our goal was to build a dashboard that puts the most relevant data front and center,” said a Northern Markets spokesperson. “Instead of navigating through several feeds and pricing windows, customers may now obtain a condensed view focused on the assets that are most important to them.”

    The new dashboard also indicates an increasing tendency of investment platforms to incorporate smart layout tools that support various trading styles. Depending on the strategy, whether short-term, swing or position trading, the user can customize the filters and layout options of the dashboard.

    Simplifying Access to Market Movement

    As the pace of the global market accelerates, investors and retail traders are seeking tools that not only present data but also explain it in a clearer manner. Northern Markets’ dashboard was built with this concern in mind.

    Designed to be minimal yet informative, the feature integrates watchlists, custom filters, and sector breakdowns. Users can organize assets by categories like volatility, trade volume, or percentage change. The dashboard updates continuously during market hours to reflect live movement.

    The platform’s development team noted that this update is part of a broader effort to reshape the user experience by reducing noise and cutting the time spent on basic analysis. While the dashboard does not offer automated recommendations or trading signals, it serves as a base layer for traders to make their own calls.

    “We didn’t want to automate the thinking for traders. This tool is meant to enhance how they read the markets, not tell them what to do,” said the company expert. “It’s about efficiency, not control.”

    The update has been introduced without the need for separate installation or upgrades, and users will see the new dashboard automatically integrated within their existing account view.

    Looking Ahead

    As markets grow more complex, platforms are under pressure to provide more useful visual tools without overwhelming the user. Northern Markets’ dashboard addition marks a step in that direction. While it does not include predictive analytics or trading automation, it aligns with the broader industry move toward personalization and layout-based functionality.

    The company stated that future updates to the dashboard may include more asset overlays and integration with calendar events and earnings reports. However, the current version remains focused on simplicity and ease of access.

    About Northern Markets

    Northern Markets is a global investment firm offering access to a diverse range of financial instruments, including cryptocurrencies, equities, indices, and commodities. Known for its data-driven approach and personalized account management, Northern Markets empowers clients with tools, insights, and support to navigate today’s complex financial landscape. With a strong focus on transparency and regulatory alignment, the company continues to be a trusted resource for modern investors worldwide.

    Media Contact:
    Name: Daniel Simon
    Email: support@northmarkets.email
    Website: https://northmarkets.io/

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

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    The MIL Network

  • MIL-OSI China: China, Egypt vow to deepen strategic ties, promote mutual benefit

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

    CAIRO, July 11 — Chinese Premier Li Qiang wrapped up a two-day official visit to Egypt on Thursday, reaffirming stronger bilateral ties and pledging deeper cooperation between the two countries.

    During his visit, the Chinese premier underscored the enduring strength and strategic depth of China-Egypt relations, highlighting the two nations’ longstanding friendship, shared values as ancient civilizations, and growing partnership.

    Since the establishment of diplomatic ties nearly 70 years ago, the two countries have remained close friends who support each other and strategic partners with a shared future, Li said upon his arrival.

    Together, the two countries have set a model for solidarity, unity, self-reliance, mutual benefit, and mutual support among major developing countries, he added.

    China-Egypt relations have flourished, with their traditional friendship growing stronger over time, political mutual trust deepened, fruitful results yielded through practical cooperation, and multilateral coordination becoming closer and more effective, the premier said.

    Applauding the steady growth of bilateral ties, Assem Hanafi, former Egyptian ambassador to China, wrote in a recent article that the relations in the last decade “have become a model for a comprehensive partnership built on respect, trust, understanding and shared interests.”

    Such ties “have gained unprecedented momentum, marked by deepening political cooperation and robust economic engagement,” he said.

    China is a major trade and investment partner for Egypt. Bilateral trade exceeded 17 billion U.S. dollars in 2024, and Chinese investments in Egypt have surged, especially in the Suez Canal Economic Zone. The China-Egypt TEDA Suez Economic and Trade Cooperation Zone, hosting 185 companies, has become a model for industrial cooperation.

    Cooperation dominated the agenda during the Chinese premier’s talks with Egyptian leaders. During their meetings, Li stressed the importance of economic synergy and investment facilitation.

    When meeting with Speaker of the Egyptian House of Representatives Hanafy Ali Gebaly, Li outlined a comprehensive vision for cooperation, saying that China and Egypt, aiming for a higher level of mutual benefit and win-win results, should cooperate in the sustainable operation of bilateral landmark projects, continuously improve the level of two-way trade and investment facilitation, strengthen industrial docking and market connectivity.

    In his meeting with Egyptian Prime Minister Mostafa Kamal Madbouly, Li said that China is willing to work with Egypt to optimize the development of bilateral trade and create more highlights of cooperation as well as new drivers of economic growth.

    “Chinese investments in Egypt can be classified as a win-win model, as Egypt benefits from Chinese technology, job creation and more. The Chinese-Egyptian product is also exportable, making these investments mutually beneficial,” former Egyptian Prime Minister Essam Sharaf told Xinhua.

    “The cooperation between developing countries and China cannot be underestimated,” said Sharaf, also a member of the Advisory Council of the Belt and Road Forum for International Cooperation. “If fully activated, it would create tremendous power and form a strong synergy for the Global South.”

    China and Egypt will celebrate the 70th anniversary of their diplomatic ties next year, with leaders from both sides expressing optimism over the future growth of bilateral relations.

    Li told Egyptian President Abdel Fattah El-Sisi during their meeting that China is ready to work with Egypt to take the 70th anniversary of diplomatic ties between the two countries next year as an opportunity to carry forward the traditional friendship, consolidate political mutual trust, and continue to firmly support each other on issues concerning each other’s core interests.

    Egypt was the first Arab and African country to establish diplomatic relations with the People’s Republic of China, making China-Egypt relations transcend bilateral scope with remarkable regional and global significance.

    Li also emphasized the broader strategic dimension of China’s engagement with the Arab world during a meeting with Arab League Secretary-General Ahmed Aboul Gheit, describing China and Arab countries as “trustworthy friends and good partners,” depicting China-Arab relations as in their best shape ever.

    Li also called for deeper coordination on the international stage, saying that China is ready to enhance communication and coordination with Arab countries on platforms such as the United Nations, the Shanghai Cooperation Organization, the World Trade Organization and the Group of 20, demonstrate the common will and speak in a common voice, so as to promote a more just and equitable global governance system.

    Echoing Li’s remarks, Gheit called China “a good friend and good partner of Arab countries,” while Sisi, when receiving Li, called China “a sincere friend of Egypt” and their relations having reached “the highest level in history.”

    Egypt highly appreciates China’s just and fair stance on Mideast issues and stands ready to strengthen coordination with China within the United Nations, the BRICS and other multilateral frameworks to safeguard common interests and uphold regional peace and stability, Madbouly said.

    MIL OSI China News

  • Israeli strike kills 10 children near Gaza clinic with no immediate truce in sight

    Source: Government of India

    Source: Government of India (4)

    An Israeli airstrike hit Palestinians near a medical centre in Gaza on Thursday, killing 10 children and six adults, local health authorities said, as ceasefire talks dragged on with no immediate deal expected.

    Verified video footage from the strike in Deir al-Balah in the central Gaza Strip showed the bodies of women and children lying in pools of blood amid dust and screaming. One clip showed several motionless children lying on a donkey cart.

    “She didn’t do anything, she was innocent, I swear. Her dream was for the war to end and that they announce it today, to go back to school,” said Samah al-Nouri, sitting by the body of her daughter who was killed in the blast.

    “She was only getting treatment in a medical facility. Why did they kill them?” she said, with other bodies laid out around her at a nearby hospital.

    Israel’s military said it had struck a militant who took part in the Hamas-led October 7, 2023, attack that triggered the war. It said it was aware of reports regarding a number of injured bystanders and that the incident was under review.

    U.S.-based Project HOPE said the strike had hit right outside its Altayara health clinic. “Horrified and heartbroken cannot properly communicate how we feel anymore,” the aid group said in a statement.

    The Deir al-Balah missile strike came as Israeli and Hamas negotiators hold talks with mediators in Qatar over a proposed 60-day ceasefire and hostage release deal aimed at building agreement on a lasting truce.

    A senior Israeli official said on Wednesday that an agreement was not likely to be secured for another one or two weeks, however, U.S. Secretary of State Marco Rubio said on Thursday he was hopeful of a deal.

    “I think we’re closer, and I think perhaps we’re closer than we’ve been in quite a while,” Rubio told reporters at the ASEAN summit in Malaysia.

    Several rounds of indirect talks between Israel and the Palestinian militant group Hamas have failed to produce a breakthrough since the Israeli military resumed its campaign in March following a previous ceasefire.

    Repeated attacks by Israeli forces in recent weeks have killed hundreds of Gazans, many of them civilians, and injured thousands, according to local health authorities, putting an enormous strain on the enclave’s few remaining hospitals.

    Dwindling fuel supplies risk further disruption in the semi-functioning hospitals, including to incubators at the neonatal unit of al-Shifa hospital in Gaza City, doctors there said.

    “We are forced to place four, five or sometimes three premature babies in one incubator,” said Dr Mohammed Abu Selmia, the hospital director, adding that premature babies were now in a critical condition.

    An Israeli military official said that fuel destined for hospitals and other humanitarian facilities was let into the enclave on Wednesday and on Thursday.

    However, U.N. spokesperson Stephane Dujarric said that far more fuel was needed to keep essential life-saving and life-sustaining services operating.

    TALKS

    U.S. President Donald Trump met Israeli Prime Minister Benjamin Netanyahu this week to discuss the situation in Gaza amid reports that Israel and Hamas were nearing agreement on a U.S.-brokered ceasefire proposal after 21 months of war.

    Netanyahu said that if the two sides reach agreements on the U.S.60-day truce plan, Israel will begin negotiations on a permanent ceasefire.

    In a statement from Washington, he reiterated Israel’s terms for ending the war, including Hamas disarming and no longer ruling Gaza. Hamas has rejected calls to lay down its weapons.

    “If this can be achieved through negotiations – that’s good. If it’s not achieved through 60-day negotiations then we will achieve it by other means, by use of force,” Netanyahu said.

    A Palestinian official said the talks in Qatar were in crisis and that issues under dispute, including whether Israel would continue to occupy parts of Gaza after a ceasefire, had yet to be resolved.

    The two sides previously agreed a ceasefire in January but it did not lead to a deal on ending the war and Israel resumed its military assault two months later, stopping all aid supplies into Gaza for 11 weeks and telling civilians to leave the north of the tiny territory.

    Israel’s military campaign in Gaza has now killed more than 57,000 people, according to Palestinian health authorities. It has destroyed swathes of the territory and driven most Gazans from their homes.

    The Hamas attack on Israeli border communities that triggered the war in 2023 killed around 1,200 people and the militant group seized 251 hostages, according to Israeli tallies. At least 20 are believed to still be alive.

    There has also been repeated violence in the Israeli-occupied West Bank. An Israeli man was killed at a shopping centre in the territory on Thursday by two Palestinian militants, who were then shot dead, police said.

    In a separate incident, a Palestinian man was shot dead after he stabbed and injured a soldier, the army said.

  • MIL-OSI Economics: Result of Underwriting Auction conducted on July 11, 2025

    Source: Reserve Bank of India

    In the underwriting auction conducted on July 11, 2025, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:

    Nomenclature of the Security Notified Amount
    (₹ crore)
    Minimum Underwriting Commitment (MUC) Amount
    (₹ crore)
    Additional Competitive Underwriting Amount Accepted
    (₹ crore)
    Total Amount underwritten
    (₹ crore)
    ACU Commission Cut-off rate
    (Paise per ₹100)
    New GS 2032 11,000 5,502 5,498 11,000 0.16
    7.09% GS 2074 14,000 7,014 6,986 14,000 0.37
    Auction for the sale of securities will be held on July 11, 2025.

    Ajit Prasad          
    Deputy General Manager
    (Communications)     

    Press Release: 2025-2026/693

    MIL OSI Economics

  • MIL-OSI Economics: Result of Underwriting Auction conducted on July 11, 2025

    Source: Reserve Bank of India

    In the underwriting auction conducted on July 11, 2025, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:

    Nomenclature of the Security Notified Amount
    (₹ crore)
    Minimum Underwriting Commitment (MUC) Amount
    (₹ crore)
    Additional Competitive Underwriting Amount Accepted
    (₹ crore)
    Total Amount underwritten
    (₹ crore)
    ACU Commission Cut-off rate
    (Paise per ₹100)
    New GS 2032 11,000 5,502 5,498 11,000 0.16
    7.09% GS 2074 14,000 7,014 6,986 14,000 0.37
    Auction for the sale of securities will be held on July 11, 2025.

    Ajit Prasad          
    Deputy General Manager
    (Communications)     

    Press Release: 2025-2026/693

    MIL OSI Economics

  • MIL-OSI China: China’s high-speed rail tech boon for world, picturing new vision for connectivity

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

    Guests attend the 12th World Congress on High-Speed Rail in Beijing, capital of China, July 8, 2025. [Photo/Xinhua]

    China’s fast-evolving high-speed rail technology is not only reshaping domestic mobility, but also playing an increasingly significant role in enhancing global connectivity and driving infrastructure development, experts said at the 12th World Congress on High-Speed Rail.

    The event, held from Tuesday to Friday in Beijing and co-hosted by China State Railway Group and the International Union of Railways (UIC), drew more than 2,000 participants from over 60 countries, regions and international organizations.

    “In less than two decades, China has created the largest and most advanced high-speed rail system in the world, reshaping mobility, the economy and regional development,” said Alan Beroud, chairman of the UIC, during his keynote speech at the opening ceremony.

    China’s achievement is more remarkable given that at the beginning of this century, the country had no high-speed railways. Back then, passengers relied on slow and often overcrowded trains, making cross-country journeys time-consuming and exhausting.

    Today, the country operates about 48,000 kilometers of high-speed rail, more than twice the length of all other countries’ networks combined. The system links 97 percent of cities with populations of 500,000 or more.

    Guided by an innovation-driven strategy, China has emerged as a global front-runner in the sector. The country has spearheaded the development of all 13 system-level international standards for high-speed rail set by the UIC. Its flagship models, such as the CR450 electrical multiple unit, the world’s fastest high-speed train with a test speed of 450 kilometers per hour, have redefined new global benchmarks for speed and safety.

    For many countries, especially those still developing their infrastructure, China’s story is more than a feat of modernization — it serves as a practical pathway to achieving broader development.

    “Most countries experience the same starting point like China,” said Ulan Kulov, deputy general manager of the China-Kyrgyzstan-Uzbekistan Railway Co. “We can go this way faster if we learn from China, because we don’t have to reinvent it, and we can use existing technologies and go fast forward.”

    While leading in development at home, China is also exporting its expertise abroad, partnering with more than 40 countries and regions. From Asia to Europe and beyond, its high-speed rail projects are leaving a growing global footprint.

    The Jakarta-Bandung High-Speed Railway in Indonesia, built entirely with Chinese technology and standards, slashed travel time between the two cities from more than three hours to just 46 minutes. In Europe, the China-backed Hungary-Serbia Railway has cut travel time between Budapest and Belgrade from eight hours to three, benefiting more than 11 million passengers since operation.

    The China-Laos Railway stands as a key project promoting regional connectivity and trade. As of May, the railway had transported more than 52.7 million passengers, including over 510,000 cross-border travelers, and carried more than 59.4 million tonnes of cargo, with cross-border shipments exceeding 13.7 million tonnes.

    Daochinda Siharath, managing director of Lao National Railway Authority, said the China-Laos Railway was the first railway built to modern technical standards that Laos had operated. “The railway has directly and indirectly supported the socioeconomic development in Laos, and also boosted the income of people living along the route,” the official said.

    Beyond advancing infrastructure in developing nations, China’s high-speed rail is also creating new opportunities for traditional railway players.

    When attending a parallel exhibition on modern railway technology, Hitachi NICO Transmission Co., Ltd., a Japanese company that entered the Chinese market in 1980, highlighted the importance of joint innovation.

    “In the past 40-plus years, it was through our development in China that we seized unprecedented opportunities,” said Matsui Shiro, president of the company. He noted that Japanese and Chinese companies are highly complementary in areas such as specialized components, co-development, and integrated solutions.

    “The Belt and Road Initiative has opened new doors for China-Japan joint ventures in third-party markets,” Matsui said. “We see great prospects for effective partnerships in many areas.”

    MIL OSI China News

  • MIL-OSI Economics: From AI to Actionable Care: Industry Leaders Chart the Future of Mobile Innovation at Galaxy Tech Forum

    Source: Samsung

    At Galaxy Unpacked 2025 on July 9, Samsung Electronics unveiled its latest Galaxy Z series devices and wearables — pushing the boundaries of foldable design and connected wellness experiences. These innovations mark the next step in the company’s mission to deliver meaningful, user-centered technology, with Galaxy AI and digital health emerging as key pillars of the journey ahead.
    To explore these themes further, Samsung hosted two panels at the Galaxy Tech Forum on July 10 in Brooklyn. Samsung Newsroom joined industry leaders and executives to examine how ambient intelligence and advanced health technologies are shaping the future of mobile innovation.
    (Panel One) The Next Vision of AI: Ambient Intelligence

    (From left) Moderator Sabrina Ortiz, Jisun Park, Mindy Brooks and Dr. Vinesh Sukumar
    The first panel, “The Next Vision of AI: Ambient Intelligence,” explored how multimodal capabilities are enabling the continued evolution of AI in everyday life — blending into user interactions in ways that feel intuitive, proactive and nearly invisible. Panelists discussed the smartphone’s evolving role, the importance of platform integration and the power of cross-industry collaboration to deliver secure, personalized intelligence at scale.
    Jisun Park, Corporate Executive Vice President and Head of Language AI Team, Mobile eXperience (MX) Business at Samsung Electronics, opened the conversation by reflecting on Galaxy AI’s rapid adoption. Since the launch of the Galaxy S25 series in January, more than 70% of users have engaged with Galaxy AI features. He then turned the discussion to the next frontier, ambient intelligence — AI that is deeply personal, predictive and ever-present.

    Jisun Park from Samsung Electronics
    Samsung sees ambient intelligence as AI that is so seamlessly integrated into daily life it becomes second nature. The company is committed to democratizing Galaxy AI to 400 million devices by the end of 2025.
    This vision builds on insights from a yearlong collaboration with London-based research firm Symmetry, which revealed that 60% of users want their phones to anticipate needs without prompts — based on daily habits.
    “Some see AI as the start of a ‘post-smartphone’ era, but we see it differently,” said Park. “We’re building a future where your devices don’t just respond — they become smarter to anticipate, see and work quietly in the background to make life feel a little more effortless.”
    Mindy Brooks, Vice President of Android Consumer Product and Experience at Google, discussed how multimodal AI is moving beyond reactive response to deeper understanding of user intent across inputs like text, vision and voice. Google’s Gemini is designed to be intelligently aware and anticipatory — tuned to individual preferences and routines for assistance that feels natural.

    Mindy Brooks from Google
    “Through close collaboration with Samsung, Gemini works seamlessly across its devices and connects with first-party apps to provide helpful and personalized responses,” she said.
    Dr. Vinesh Sukumar, Vice President of Product Management at Qualcomm Technologies emphasized that as AI becomes more personalized, there is more information than ever that needs to be protected.
    “For us, privacy, performance and personalization go hand in hand — they’re not competing priorities but co-equal standards,” he said.

    Dr. Vinesh Sukumar from Qualcomm Technologies
    Both Brooks and Dr. Sukumar reinforced the importance of tight integration across platforms and hardware.
    “Our work with Samsung prioritizes secure, on-device intelligence so that users know where their data is and who controls it,” said Dr. Sukumar.

    The AI panel at Galaxy Tech Forum
    Moderator Sabrina Ortiz, senior editor at ZDNET, closed the session with a discussion on AI privacy. Panelists agreed that trust, transparency and user control must underpin the entire AI experience.
    “When it comes to building more agentic AI, our priority is to ensure we’re fostering smarter, more personalized and more meaningful assistance across our device ecosystem,” said Brooks.

    (Panel Two) The Next Chapter of Health: Scaling Prevention and Connected Care
    The second panel, “The Next Chapter of Health: Scaling Prevention and Connected Care,” focused on how technology can bridge the gap between wellness and clinical care — making health insights more connected, proactive and usable for individuals, healthcare providers and digital health solution partners. Panelists explored how the convergence of clinical data, at-home monitoring and AI is reshaping the modern healthcare experience.

    (From left) Moderator Dr. Hon Pak, Mike McSherry, Dr. Rasu Shrestha and Jim Pursley
    Health data is often siloed across systems, resulting in inefficiencies and gaps in care. Combined with rising rates of chronic illness, an aging population and ongoing clinician shortages, the result is a system under pressure to deliver timely, effective care.

    Dr. Hon Pak from Samsung Electronics
    “Patients and consumers around the world are asking us to hear them, to know them, to truly understand them,” said moderator Dr. Hon Pak, Senior Vice President and Head of Digital Health Team at Samsung Electronics. “And I believe this is the opportunity we have with Samsung, Xealth and partners like Hinge and Advocate. Together, we are creating a connected ecosystem where healthcare can truly make a difference — not just in the life of a patient, but in the life of a person.”
    Samsung is addressing this challenge through technological innovation and its recent acquisition of Xealth, a leading digital health platform with a network of more than 500 hospitals and 70 digital health solution providers. Through Xealth, Samsung plans to connect wearable data and insights from Samsung Health into clinical workflows — delivering a more unified and seamless healthcare experience.

    Mike McSherry from Xealth
    “This , plus your devices — the watch, the ring — are going to replace the standalone blood pressure monitor, the pulse oximeter, a variety of different devices,” said Mike McSherry, founder and CEO of Xealth. “It’s going to be one packaged solution, and that’s going to simplify care.”
    This collaboration is designed to empower hospitals with real-time insights and help prevent chronic conditions through early detection and continuous monitoring with wearable devices.

    Dr. Rasu Shrestha from Advocate Health
    “The reality is that with all of the challenges that exist in healthcare, it is not any one entity that can heroically go in and save healthcare. It really takes an ecosystem,” said Dr. Rasu Shrestha, Executive Vice President and Chief Innovation & Commercialization Officer at Advocate Health. “That’s part of the reason why I’m so excited about Xealth and Samsung — and partners like us — really coming together to solve for this challenge. Because it is about Samsung enabling it. It’s more of an open ecosystem, a curated ecosystem.”
    The panel spotlighted the growing shift from hospital-based care to care at home — and the opportunities enabled by Samsung’s expanding ecosystem of connected devices. Data from wearables, including those equipped with Samsung’s BioActive Sensor technology, can provide high-quality input for AI-driven insights.
    Paired with Samsung’s SmartThings connectivity and wide portfolio of smart home devices, the company is uniquely positioned to support remote health monitoring and treatment from home.
    AI is expected to play a role in reducing clinician workload by streamlining administrative tasks and surfacing the most relevant insights at the right time. Platforms like Xealth offer users a personalized, friendly interface to access necessary information from one place for a more connected healthcare experience.

    MIL OSI Economics