NewzIntel.com

Category: Commerce

  • MIL-OSI: Canadian Banc Corp. Announces TSX Acceptance of Normal Course Issuer Bid

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 29, 2025 (GLOBE NEWSWIRE) — Canadian Banc Corp. (the “Company”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted its notice of intention to make a Normal Course Issuer Bid (the “NCIB”) to purchase its Preferred Shares and Class A Shares through the facilities of the TSX and/or alternative Canadian trading systems. The NCIB will commence on June 2, 2025 and terminate on June 1, 2026.

    Pursuant to the NCIB, the Company proposes to purchase, from time to time, if it is considered advisable, up to 3,742,582 Preferred Shares and 3,778,760 Class A Shares of the Company, representing 10% of the public float of 37,425,824 Preferred Shares and 37,787,604 Class A Shares. As of May 21, 2025, there were 37,448,395 Preferred Shares and 37,821,364 Class A Shares issued and outstanding. The Company will not purchase, in any given 30-day period, in the aggregate, more than 748,967 Preferred Shares or more than 756,427 Class A Shares, being 2% of the issued and outstanding Preferred Shares and Class A Shares as of May 21, 2025. Under the previous normal course issuer bid that commenced on May 29, 2024 and terminated on May 28, 2025, no purchases of Preferred Shares or Class A Shares were made.

    The Board of Directors of the Company, on the advice of Quadravest Capital Management Inc., the Company’s investment manager, believes that such purchases are in the best interests of the Company and are a desirable use of its funds. All purchases will be made through the facilities and in accordance with the rules and policies of the TSX. All Preferred Shares or Class A Shares purchased by the Company pursuant to the NCIB will be cancelled.

    The Company invests in a portfolio of six publicly traded Canadian Banks as follows:

    Bank of Montreal Canadian Imperial Bank of Commerce Royal Bank of Canada
    The Bank of Nova Scotia National Bank of Canada The Toronto-Dominion Bank


    Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions “expect”, “intend”, “will” and similar expressions to the extent they relate to the Company. The forward-looking statements are not historical facts but reflect the Company’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

    Investor Relations:  1-877-478-2372
    Local:  416-304-4443
    www.canadianbanc.com
    info@quadravest.com

    The MIL Network –

  • MIL-OSI: Dividend 15 Split Corp. II Announces TSX Acceptance of Normal Course Issuer Bid

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 29, 2025 (GLOBE NEWSWIRE) — Dividend 15 Split Corp. II (the “Company”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted its notice of intention to make a Normal Course Issuer Bid (the “NCIB”) to purchase its Preferred Shares and Class A Shares through the facilities of the TSX and/or alternative Canadian trading systems. The NCIB will commence on June 2, 2025 and terminate on June 1, 2026.

    Pursuant to the NCIB, the Company proposes to purchase, from time to time, if it is considered advisable, up to 2,242,527 Preferred Shares and 2,234,759 Class A Shares of the Company, representing 10% of the public float of 22,425,275 Preferred Shares and 22,347,591 Class A Shares. As of May 21, 2025, there were 22,425,275 Preferred Shares and 22,433,891 Class A Shares issued and outstanding. The Company will not purchase, in any given 30-day period, in the aggregate, more than 448,505 Preferred Shares or more than 448,677 Class A Shares, being 2% of the issued and outstanding Preferred Shares and Class A Shares as of May 21, 2025. Under the previous normal course issuer bid that commenced on May 29, 2024 and terminated on May 28, 2025 no Preferred Shares or Class A Shares were purchased.

    The Board of Directors of the Company, on the advice of Quadravest Capital Management Inc., the Company’s investment manager, believes that such purchases are in the best interests of the Company and are a desirable use of its funds. All purchases will be made through the facilities and in accordance with the rules and policies of the TSX. All Preferred Shares or Class A Shares purchased by the Company pursuant to the NCIB will be cancelled.

    The Company invests in a high quality portfolio of leading Canadian dividend-yielding stocks as follows: Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, CI Financial Corp., BCE Inc., Manulife Financial, Enbridge, Sun Life Financial, TELUS Corporation, Thomson Reuters Corporation, TransAlta Corporation, TC Energy Corporation.

    Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions “expect”, “intend”, “will” and similar expressions to the extent they relate to the Company. The forward-looking statements are not historical facts but reflect the Company’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

    The MIL Network –

  • MIL-OSI: North American Financial 15 Split Corp. Announces TSX Acceptance of Normal Course Issuer Bid

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 29, 2025 (GLOBE NEWSWIRE) — North American Financial 15 Split Corp. (the “Company”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted its notice of intention to make a Normal Course Issuer Bid (the “NCIB”) to purchase its Preferred Shares and Class A Shares through the facilities of the TSX and/or alternative Canadian trading systems. The NCIB will commence on June 2, 2025 and terminate on June 1, 2026.

    Pursuant to the NCIB, the Company proposes to purchase, from time to time, if it is considered advisable, up to 5,738,811 Preferred Shares and 5,865,279 Class A Shares of the Company, representing 10% of the public float of 57,388,118 Preferred Shares and 58,652,794 Class A Shares. As of May 21, 2025, there were 57,388,618 Preferred Shares and 58,724,984 Class A Shares issued and outstanding. The Company will not purchase, in any given 30-day period, in the aggregate, more than 1,147,772 Preferred Shares or more than 1,174,499 Class A Shares, being 2% of the issued and outstanding Preferred Shares and Class A Shares as of May 21, 2025. Under the previous normal course issuer bid that commenced on May 29, 2025 and terminated on May 28, 2025 no Preferred Shares or Class A Shares were purchased.

    The Board of Directors of the Company, on the advice of Quadravest Capital Management Inc., the Company’s investment manager, believes that such purchases are in the best interests of the Company and are a desirable use of its funds. All purchases will be made through the facilities and in accordance with the rules and policies of the TSX. All Preferred Shares or Class A Shares purchased by the Company pursuant to the NCIB will be cancelled.

    The Company invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.

    Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions “expect”, “intend”, “will” and similar expressions to the extent they relate to the Company. The forward-looking statements are not historical facts but reflect the Company’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

    Investor Relations: 1-877-478-2372 Local: 416-304-4443 www.financial15.com info@quadravest.com

    The MIL Network –

  • MIL-OSI: Financial 15 Split Corp. Announces TSX Acceptance of Normal Course Issuer Bid

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 29, 2025 (GLOBE NEWSWIRE) — Financial 15 Split Corp. (the “Company”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted its notice of intention to make a Normal Course Issuer Bid (the “NCIB”) to purchase its Preferred Shares and Class A Shares through the facilities of the TSX and/or alternative Canadian trading systems. The NCIB will commence on June 2, 2025 and terminate on June 1, 2026.

    Pursuant to the NCIB, the Company proposes to purchase, from time to time, if it is considered advisable, up to 6,054,449 Preferred Shares and 6,196,492 Class A Shares of the Company, representing 10% of the public float of 60,544,490 Preferred Shares and 61,964,925 Class A Shares. As of May 21, 2025, there were 60,567,417 Preferred Shares and 61,968,317 Class A Shares issued and outstanding. The Company will not purchase, in any given 30-day period, in the aggregate, more than 1,211,348 Preferred Shares or more than 1,239,366 Class A Shares, being 2% of the issued and outstanding Preferred Shares and Class A Shares as of May 21, 2025. Under the previous normal course issuer bid that commenced on May 29, 2024 and terminated on May 28, 2025 no Preferred Shares were purchased and 8,300 Class A Share purchases were made.

    The Board of Directors of the Company, on the advice of Quadravest Capital Management Inc., the Company’s investment manager, believes that such purchases are in the best interests of the Company and are a desirable use of its funds. All purchases will be made through the facilities and in accordance with the rules and policies of the TSX. All Preferred Shares or Class A Shares purchased by the Company pursuant to the NCIB will be cancelled.

    The Company invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.

    Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions “expect”, “intend”, “will” and similar expressions to the extent they relate to the Company. The forward-looking statements are not historical facts but reflect the Company’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

    The MIL Network –

  • MIL-OSI: Dividend 15 Split Corp. Announces TSX Acceptance of Normal Course Issuer Bid

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 29, 2025 (GLOBE NEWSWIRE) — Dividend 15 Split Corp. (the “Company”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted its notice of intention to make a Normal Course Issuer Bid (the “NCIB”) to purchase its Preferred Shares and Class A Shares through the facilities of the TSX and/or alternative Canadian trading systems. The NCIB will commence on June 2, 2025 and terminate on June 1, 2026.

    Pursuant to the NCIB, the Company proposes to purchase, from time to time, if it is considered advisable, up to 12,687,975 Preferred Shares and 13,219,443 Class A Shares of the Company, representing 10% of the public float of 126,879,752 Preferred Shares and 132,194,435 Class A Shares. As of May 21, 2025, there were 127,069,383 Preferred Shares and 132,275,624 Class A Shares issued and outstanding. The Company will not purchase, in any given 30-day period, in the aggregate, more than 2,541,387 Preferred Shares or more than 2,645,512 Class A Shares, being 2% of the issued and outstanding Preferred Shares and Class A Shares as of May 21, 2025. Under the previous normal course issuer bid that commenced on May 29, 2024 and terminated on May 28, 2025, no Preferred Shares or Class A Shares were purchased.

    The Board of Directors of the Company, on the advice of Quadravest Capital Management Inc., the Company’s investment manager, believes that such purchases are in the best interests of the Company and are a desirable use of its funds. All purchases will be made through the facilities and in accordance with the rules and policies of the TSX. All Preferred Shares or Class A Shares purchased by the Company pursuant to the NCIB will be cancelled.

    The Company invests in a high quality portfolio of leading Canadian dividend-yielding stocks as follows: Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, CI Financial Corp., BCE Inc., Manulife Financial, Enbridge, Sun Life Financial, TELUS Corporation, Thomson Reuters Corporation, TransAlta Corporation, TC Energy Corporation.

    Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions “expect”, “intend”, “will” and similar expressions to the extent they relate to the Company. The forward-looking statements are not historical facts but reflect the Company’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

    Investor Relations: 1-877-478-2372 Local: 416-304-4443 www.dividend15.com info@quadravest.com

    The MIL Network –

  • MIL-OSI: Alarum Technologies Announces First Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    Q1 2025 highlighted the growing traction of the company’s data collection solutions with leading AI and eCommerce players worldwide

    Company strategically accelerated investments in scalable infrastructure and next-gen technologies to meet the rising demand for AI-ready data and to future-proof its position among top-tier global companies

    First quarter 2025 revenue reached $7.1 million, in line with guidance, net profit was at $0.4 million and adjusted EBITDA exceeded guidance, reaching $1.3 million Cash and debt investments balance at quarter-end amounted to $24 million

    TEL AVIV, Israel, May 29, 2025 (GLOBE NEWSWIRE) — Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) (“Alarum” or the “Company”), a global provider of web data collection solutions, today announced financial results for the three-month period ended March 31, 2025.

    “2025 began with strong momentum, as demand for scalable, high-quality data continues to accelerate, driven by the rapid growth of AI technologies and eCommerce platforms,” said Shachar Daniel, Chief Executive Officer of Alarum.

    “During the quarter, several of the world’s leading AI and eCommerce companies significantly expanded their usage of our platform, relying on our advanced proxy infrastructure, innovative data collector, and Website Unblocker, to power data collection, model training, and real-time access to public web data.”

    “In line with our long-term vision, we made a deliberate decision to increase investments in our infrastructure and products, aiming to meet the growing global demand for large-scale data solutions. While this impacted our gross margin, it reinforces our position as a foundational player in the AI data ecosystem,” Mr. Daniel added.

    “With discipline and vision, we are building the backbone of data access for the AI era. Our technology and collaborations with customers uniquely position us to deliver long-term value for our stakeholders as the market continues to evolve,” Mr. Daniel concluded.

    Market Trends, Recent Developments and Business Highlights

    • Expanded strategic partnerships with major AI and eCommerce players during the first quarter: Notable new collaborations include a top Asian marketplace, a global electronics brand, and a European AI firm, for large-scale data labeling and model fine-tuning with fresh public data.
    • Redefining industry trends and market dynamics: A new market is emerging around high-quality, scalable data infrastructure. As AI models require constant training and fine-tuning, Alarum is positioned to play a key role in shaping this space and powering the global AI transformation.
    • Advancing and investing in long-term strategy, supported by strong financials: Alarum continues to pursue its strategic decision to reinvest earnings into innovative products, scaling operations, expanding infrastructure, and strengthening its IP network. This positions the Company to meet rising demand from AI-driven customers and capture long-term value, while maintaining operational efficiency during this pivotal growth phase.
    • Powering data collection with Alarum’s enhanced offerings portfolio: Tech giants and startups rely on Alarum’s data collector, Website Unblocker, and proxy network to overcome data access barriers.
    • Entering 2025 with a strong momentum: NetNut Net Retention Rate (“NRR”)1 reached 1.13 as of March 31, 2025, in yet another consecutive quarter of achieving an NRR well above 1. With its data collection offering, the Company is well-positioned amid a shifting landscape, and early results from its strategic investments and pipeline visibility support the positive outlook for the second quarter of 2025.

    ______________________

    1 See definition under “Other Metrics”.

    Summary of Financial Results2
    (in millions of U.S. dollars, rounded, except per share amounts and margins)
        For the
    Three Months Ended
    March 31,    		   For the
    Year Ended
    December 31,
        2025   2024   2024
        (Unaudited)   (Unaudited)   (Audited)
                 
    Total Revenue   7.1   8.4   31.8
    of which, Web Data Collection Revenue was   7.0   8.1   30.9
    Gross profit   4.8   6.6   23.9
    Gross margin (in percentage)   67.5%   78.5%   75.1%
    Non-IFRS gross margin (in percentage)   69.4%   80.4%   77.0%
    Total operating expenses   4.5   4.0   17.2
    Financial income (expense), net   0.2   (0.9)   0.3
    Tax expense   0.1   0.3   1.2
    Net profit   0.4   1.4   5.8
    Adjusted EBITDA   1.3   3.2   9.4
    Basic earnings per American Depository Share (“ADS”)
    (in U.S. dollars)    		   $0.06   $0.23   $0.87
    Non-IFRS basic earnings per ADS (in U.S. dollars)   $0.16   $0.45   $1.26
    Cash, cash equivalents and debt investments
    (including accrued interest)3    		   24.0   15.1   25.0
    Shareholders’ equity2   27.6   17.1   26.4
                 

    First Quarter 2025 Financial Analysis

    • Revenue in Q1 2025 totalled $7.1 million (Q1 2024: $8.4 million). The 15% year-over-year change reflects market dynamics that affected the demand from certain customers since mid-2024.  
    • Cost of revenue in Q1 2025 was $2.3 million (Q1 2024: $1.8 million). The increase is mainly due to the investment in the Company’s IP network, specifically in infrastructure and servers, aligning with its strategic decision to boost its expansion capabilities.
    • As a result, Gross profit in Q1 2025 amounted to $4.8 million (Q1 2024: $6.6 million).
    • Operating expenses in Q1 2025 totalled $4.5 million (Q1 2024: $4.0 million). The difference was driven mainly by the increase in research and development salaries and share based payments costs.
    • Financial income, net, in Q1 2025 was $0.2 million (Q1 2024: financial expense, net, of $0.9 million). This shift was mainly due to the fair value decrease of derivative financial instruments (warrants issued in 2019-2020), resulting from the share price changes during the measured periods.  
    • Net profit in Q1 2025 reached $0.4 (Q1 2024: $1.4 million).
    • As of March 31, 2025, shareholders’ equity increased to $27.6 million, up from $26.4 million as of December 31, 2024. The increase was driven by the quarterly net profit.
    • Outstanding ordinary share count as of March 31, 2025, was approximately 69.3 million shares, or 6.9 million in ADSs.

    ______________________

    1 See definition under “Other Metrics”.
    2 The table below contains certain non-IFRS financial measures. See “Use of Non-IFRS Financial Results” for additional information regarding these measures and reconciliations to the most comparable IFRS measures.
    3 As of the last day of the period.

    Financial Outlook

    “First quarter revenues were in line with guidance, whilst Adjusted EBITDA exceeded expectations, surpassing our outlook,” said Mr. Shai Avnit, Chief Financial Officer of Alarum.

    “Alarum has entered the second quarter of 2025 with solid momentum and demand. Accordingly, second quarter 2025 revenues are estimated at $7.9 million ±3%, and Adjusted EBITDA for the second quarter 2025 is expected to range from $0.5 million to $0.8 million. We remain attentive to market dynamics as the AI market reshapes and are actively optimizing our network infrastructure and product delivery, with a clear roadmap to drive efficiency, maintain high margins, and deliver long-term value to our stakeholders,” Mr. Avnit concluded.

    We are unable to present a reconciliation of our estimated Adjusted EBITDA to net profit as we are unable to predict with reasonable certainty, and without unreasonable effort, the impact and timing of certain expenses on our net profit. The financial impact of these expenses is uncertain and is dependent on various factors, including timing, and could be material to our consolidated statements of profit or loss and other comprehensive income (loss).

    First Quarter 2025 Financial Results Conference Call

    Mr. Shachar Daniel, Chief Executive Officer of Alarum, and Mr. Shai Avnit, Chief Financial Officer of Alarum, will host a conference call today, May 29, 2025, at 8:30 a.m. ET, 5:30 a.m. Pacific time, 3:30 p.m. Israel, to discuss the first quarter of 2025 results and the second quarter 2025 outlook, followed by a Q&A session.

    To attend, log in here or dial one of the following numbers, at least five minutes before the call starts: 1-877-407-0789 or 1-201-689-8562. If you are unable to connect using the toll-free number, please try the international dial-in number. An Israeli toll-free number is: 1 809 406 247. Participants will be required to state their name and company upon dialling in. 

    Replay: The conference call will be broadcast live and available for replay here, after 11:30 a.m. ET on May 29, 2025.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the “safe harbor” words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Alarum is using forward-looking statements in this press release when it discusses that the demand for scalable, high-quality data continues to accelerate, driven by the rapid growth of AI technologies and eCommerce platforms; the Company’s focus and strategic; that its technology and collaborations with customers uniquely position it to deliver long-term value for its stakeholders as the market continues to evolve; emergence of a new market around high-quality, scalable data infrastructure; that early results from its strategic investments; pipeline visibility support the positive outlook for the second quarter of 2025; and its estimates regarding second quarter 2025 revenues and Adjusted EBITDA. Because such statements deal with future events and are based on Alarum’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Alarum could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Alarum’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 20, 2025, and in any subsequent filings with the SEC. Except as otherwise required by law, Alarum undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Alarum is not responsible for the contents of third-party websites.

     Condensed Consolidated Statements of Financial Position
     (in thousands of U.S. dollars)
        March 31,   December 31,
        2025   2024     2024
        (Unaudited)   (Audited)
    Assets            
    Current assets:            
    Cash and cash equivalents   13,952     15,060     15,081  
    Trade receivables, net   3,789     2,945     3,231  
    Other receivables   698     1,449     503  
        18,439     19,454     18,815  
                 
    Non-current assets:            
    Long-term deposits   119     104     121  
    Other non-current assets   85     119     85  
    Property and equipment, net   134     110     130  
    Right-of-use assets   429     709     498  
    Deferred tax assets   497     244     422  
    Debt investments at fair value through other comprehensive income   9,331     –     9,256  
    Debt investments at fair value through profit or loss   564     –     555  
    Intangible assets, net   677     1,225     811  
    Goodwill   4,118     4,118     4,118  
    Total non-current assets   15,954     6,629     15,996  
    Total assets   34,393     26,083     34,811  
                 
    Liabilities and equity            
    Current liabilities:            
    Trade payables   373     416     251  
    Other payables   2,815     3,056     4,484  
    Current maturities of long-term loan   965     353     938  
    Contract liabilities   2,072     2,728     1,987  
    Derivative financial instruments   1     952     148  
    Short-term lease liabilities   362     365     359  
    Total current liabilities   6,588     7,870     8,167  
                 
    Non-current liabilities:            
    Long-term lease liabilities   186     462     261  
    Long-term loans, net of current maturities   –     691     32  
    Total non-current liabilities   186     1,153     293  
    Total liabilities   6,774     9,023     8,460  
                 
    Equity:            
    Ordinary shares   –     –     –  
    Share premium   112,059     104,097     111,892  
    Other equity reserves   11,705     13,856     11,012  
    Accumulated deficit   (96,145 )   (100,893 )   (96,553 )
    Total equity   27,619     17,060     26,351  
    Total liabilities and equity   34,393     26,083     34,811  
    Condensed Consolidated Statements of Profit or Loss and Other Comprehensive Income (Loss)
    (in thousands of U.S. dollars, except per share amounts)
      For the
    Three Months Ended
    March 31,    		   For the
    Year Ended
    December 31,
      2025   2024   2024
      (Unaudited)   (Unaudited)   (Audited)
               
    Revenue 7,133   8,376   31,824
    Cost of revenue 2,318   1,803   7,915
    Gross profit 4,815   6,573   23,909
           
    Operating expenses:      
    Research and development 1,370   1,022   4,495
    Sales and marketing 1,827   1,725   7,033
    General and administrative 1,285   1,240   5,661
    Total operating expenses 4,482   3,987   17,189
           
    Operating profit 333   2,586   6,720
           
    Financial income (expense), net 212   (848)   281
    Profit from operations before income tax 545   1,738   7,001
    Tax expense (137)   (298)   (1,221)
    Net profit for the period 408   1,440   5,780
    Other comprehensive income (loss) for the period
    Change in fair value of debt investments    		 72   –   (80)
    Total comprehensive income for the period 480   1,440   5,700
           
    Basic profit per share $0.01   $0.02   $0.09
    Diluted profit per share $0.01   $0.02   $0.08
    Basic profit per ADS $0.06   $0.23   $0.87
               

    Use of Non-IFRS Financial Results

    In addition to disclosing financial results calculated in accordance with International Financial Reporting Standards (IFRS), as issued by the International Accounting Standards Board, this press release contains non-IFRS financial measures of EBITDA (EBITDA loss), Adjusted EBITDA (Adjusted EBITDA loss), non-IFRS net profit (loss), non-IFRS gross profit, non-IFRS gross margin and non-IFRS basic earnings (loss) per share or ADS for the periods presented. The Company defines EBITDA (EBITDA loss) as net profit (loss) before depreciation, amortization and impairment of intangible assets (if any), financial income (expense) and income tax; defines Adjusted EBITDA (Adjusted EBITDA loss) as EBITDA (EBITDA loss) as further adjusted to remove the impact of (i) impairment of goodwill (if any); and (ii) share-based compensation; defines non-IFRS net profit (loss) as net profit (loss) before depreciation, amortization and impairment of intangible assets (if any), impairment of goodwill (if any), financial income (expense) effects primarily related to derivative financial instruments as well as long-term loans, deferred tax effects and share-based compensation; defines non-IFRS gross profit as gross profit adjusted to remove the impact of depreciation, amortization and impairment of intangible assets and share-based compensation recorded under cost of revenues; defines non-IFRS gross margin as the percentage of the non-IFRS gross profit out of revenues; and defines non-IFRS basic earnings (loss) per share or ADS as non-IFRS net profit (loss) divided by the weighted average number of ordinary shares or ADSs. The Company’s management believes the non-IFRS financial information provided in this press release is useful to investors’ understanding and assessment of the Company’s ongoing operations. Management also uses both IFRS and non-IFRS information in evaluating and operating its business internally, and as such deemed it important to provide this information to investors. The non-IFRS financial measures disclosed by the Company should not be considered in isolation, or as a substitute for, or superior to, financial measures calculated in accordance with IFRS, and the financial results calculated in accordance with IFRS and reconciliations to those financial statements should be carefully evaluated. Investors are encouraged to review the reconciliations of these non-IFRS measures to their most directly comparable IFRS financial measures provided in the financial statement tables herein.

    Other Metrics

    Net retention rate (NRR) is a key indicator of customer base health and revenue expansion. It is based on NRR point in time, which measures the revenue growth of current customers over the past four quarters, compared to the revenue generated from these customers during the same period a year earlier.
    NRR is calculated as an average of the NRR points in time for the end of the current period and the three preceding quarters.
    NRR > 1 (or 100%): Indicates revenue growth driven by existing customers, where upsells and cross-sells outweigh churn.
    NRR < 1 (or 100%): Shows revenue loss due to churn exceeding gains from upsells or cross-sells.

    Non-IFRS Financial Measures
    (in millions of U.S. dollars, rounded)

    The following tables present the reconciled effect of the above on the Company’s Adjusted EBITDA; non-IFRS net profit; and non-IFRS gross profit for the three months ended March 31, 2025 and 2024, and the year ended December 31, 2024:

        For the
    Three Months Ended
    March 31,    		   For the
    Year Ended
    December 31,
        2025
    		   2024   2024
    Net profit   0.4   1.4   5.8
    Adjustments:            
    Depreciation and amortization   0.2   0.2   0.6
    Financial expense (income), net   (0.2)   0.9   (0.4)
    Tax expense   0.1   0.3   1.4
    EBITDA   0.5   2.8   7.4
    Adjustments:            
    Share-based compensation   0.8   0.4   2.0
    Adjusted EBITDA for the period   1.3   3.2   9.4
        For the
    Three Months Ended
    March 31,    		   For the
    Year Ended
    December 31,
        2025   2024   2024
    Net profit   0.4   1.4   5.8
    Adjustments:            
    Depreciation and amortization   0.2   0.2   0.6
    Financial expense (income), net effects   (0.2)   0.9   0.1
    Deferred tax effects   (0.1)   (0.1)   (0.1)
    Share-based compensation   0.8   0.4   2.0
    Non-IFRS net profit for the period   1.1   2.8   8.4
        For the
    Three Months Ended
    March 31,    		   For the
    Year Ended
    December 31,
        2025   2024   2024
    Gross profit   4.8   6.6   23.9
    Adjustments:            
    Depreciation and amortization   0.1   0.1   0.6
    Share-based compensation   *   *   *
    Non-IFRS gross profit for the period   4.9   6.7   24.5

    * Less than $0.1 million

    About Alarum Technologies Ltd.

    Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) is a global provider of web data collection solutions, empowering organizations to gain a competitive edge by streamlining the collection, extraction, and analysis of large-scale structured data from public online sources. Our data collection solutions by NetNut, are based on our world’s fastest and most advanced and secured hybrid proxy network, which comprises both exit points based on our proprietary reflection technology and hundreds of servers located at our ISP partners around the world. Pushing the boundaries of innovation in data collection, we are building a robust platform, complemented by the Website Unblocker, Data Collector, Data Sets and AI data collector. As the impact of the AI revolution unfolds, Alarum, with its robust market-leading data collection offerings is preparing itself to play a meaningful role as the world reshapes in a new form.

    For more information about Alarum and its web data collection solutions, please visit www.alarum.io.

    Follow us on LinkedIn

    Follow us on X

    Subscribe to our YouTube channel

    Investor Relations Contact:

    investors@alarum.io

    The MIL Network –

  • MIL-OSI: Polar Cooling Review: Does the Polar Cooling Portable AC Really Work? Best Portable AC 2025

    Source: GlobeNewswire (MIL-OSI)

    New York City, May 29, 2025 (GLOBE NEWSWIRE) — As temperatures rise globally, the demand for personal cooling devices is at an all-time high. Enter the Polar Cooling Portable AC, a sleek, compact solution designed to provide on-the-go relief from the heat. In this review, we’ll delve into the features, performance, pricing, and user feedback to answer the burning question: Does the Polar Cooling Portable AC really work? Is it the best portable air conditioner of 2025?

    This article will cover everything you need to know about this innovative cooling device, helping you decide if it’s the right option for your needs.

    Beat the Heat in Minutes – Get Your Polar Cooling Portable AC Today!

    What is the Polar Cooling Portable AC?

    The Polar Cooling Portable AC is an advanced, energy-efficient air cooling system designed for personal use. Unlike traditional bulky air conditioning units, the Polar Cooling AC is compact, portable, and doesn’t require installation or special tools to operate. Whether you’re working in a hot office or relaxing at home, this unit promises to cool your personal space effectively without consuming large amounts of energy.

    Key Features:

    • Insta-Frost Technology: Designed to rapidly cool the air in your immediate surroundings.
    • Portability: Compact enough to be carried around easily, making it ideal for travel or personal spaces.
    • Multi-Function: Not only does it cool the air, but it also functions as a humidifier and air purifier.

    It’s an ideal solution for anyone looking for a quick, efficient, and affordable way to stay cool during hot weather without the complexity of larger air conditioning systems.

    How Does the Polar Cooling Portable AC Work?

    The Polar Cooling Portable AC uses a cooling mechanism called evaporative cooling. This process involves drawing air through a water-soaked filter that absorbs heat from the air. As the water evaporates, the air is cooled and then blown into your personal space.

    Key features of its operation:

    • USB-Powered: The device is powered via USB, meaning you can charge it from any USB outlet, making it perfect for on-the-go use.
    • Rechargeable Battery: With its built-in rechargeable battery, it operates without needing to be plugged into a power outlet continuously, offering portability and convenience.

    Stay Cool All Summer Long with Polar Cooling – Limited Stock Available!

    Setting up the device is simple:

    1. Fill the water tank.
    2. Plug it into a USB outlet or charge it fully for portable use.
    3. Turn on and adjust the settings according to your cooling preferences.

    Design and Build Quality

    One of the standout features of the Polar Cooling Portable AC is its design. It’s not only sleek but also built for durability and portability. The unit is compact and can fit in virtually any room, desk, or office setup. Its lightweight structure means you can easily move it from room to room or even take it with you on trips.

    Made from premium, eco-friendly materials, it is built to last while being kind to the environment. Its minimalistic design ensures it blends well with any modern decor, from offices to living rooms.

    Performance Analysis

    When it comes to cooling performance, the Polar Cooling Portable AC delivers on its promise. Here’s how it holds up in real-world conditions:

    • Cooling Power: It cools personal spaces effectively, offering a noticeable temperature drop in areas up to 100-200 square feet.
    • Noise Levels: Operating at a whisper-quiet level, it provides a comfortable, undisturbed environment for work or relaxation.
    • Battery Life: On a full charge, the unit can operate continuously for up to 8 hours, ensuring long-lasting performance throughout the day or night.

    Maintenance Requirements are minimal. All you need to do is keep the water tank clean and replace the cooling filters as needed, making it easy to maintain and use over time.

    Don’t Miss Out on Cool Comfort – Order Your Polar Cooling Portable AC Now!

    Energy Efficiency

    One of the biggest draws of the Polar Cooling Portable AC is its energy efficiency. Unlike traditional air conditioners that consume large amounts of electricity, this unit operates on a USB-powered system, significantly lowering energy consumption.

    • Power Consumption: With its USB charging feature, the Polar Cooling AC draws significantly less power compared to standard units, making it an ideal choice for those looking to reduce their energy bills.
    • Comparison with Traditional ACs: In comparison to traditional air conditioners, the Polar Cooling unit uses about 80% less energy, making it an environmentally friendly and cost-effective solution for personal cooling needs.

    How to Maximize the Efficiency of Polar Cooling AC in Hot Weather

    When using the Polar Cooling Portable AC in hot weather, getting the most out of the unit requires more than just turning it on. Maximizing its efficiency ensures that you stay cool while saving on energy costs and extending the lifespan of your device. Here are several tips to help you get the best performance from your Polar Cooling AC during the summer heat:
    1. Place the Unit in the Right Spot
    For optimal cooling, position the Polar Cooling Portable AC in an area where airflow is unimpeded. Avoid placing it near walls, large furniture, or in corners, as this can restrict airflow and reduce its cooling effectiveness. It’s best to place the unit in the center of the room or near a window for better air circulation. Additionally, make sure the cooling vents are facing directly towards you to maximize cooling efficiency.
    2. Keep the Water Tank Full
    The Polar Cooling Portable AC uses evaporative cooling technology, which relies on the water tank to function effectively. Ensure that the tank is always filled with fresh water for the best cooling results. If the water levels are low, the device will struggle to maintain a consistent cooling effect. Refill the tank as needed, especially during prolonged use in hot weather, to ensure the unit runs at full capacity.
    3. Regular Maintenance and Cleaning
    To maintain peak performance, it’s important to clean and maintain the Polar Cooling AC regularly. The cooling filter should be checked for dirt and debris, which can reduce the airflow and cooling power. Clean the filter every couple of weeks, or more often if you’re using it in dusty environments. Also, empty and rinse the water tank periodically to prevent mold or bacteria build-up, which can affect both the unit’s performance and air quality.
    4. Use the AC in Small Spaces
    The Polar Cooling Portable AC is most efficient when used in smaller spaces. While it can provide cooling in larger rooms, its cooling power is optimized for areas like bedrooms, offices, or small living rooms. In hot weather, avoid using it in large, open areas where the cooling effect may dissipate too quickly. Using it in a confined space, such as a small room or office, will help create a more comfortable and consistent cooling environment.
    5. Utilize the Fan and Humidifier Features
    Along with cooling, the Polar Cooling AC also serves as a humidifier and fan. Use the fan function to circulate cool air more effectively across the room, especially in rooms with poor airflow. Additionally, when the air feels dry due to high heat, the humidifier feature can add moisture back into the air, making the cooling effect more comfortable. Proper use of all functions will help maximize the unit’s efficiency.
    6. Close Doors and Windows
    During the hottest part of the day, it’s important to keep doors and windows closed to trap cool air inside. This prevents hot air from entering the room and ensures that your Polar Cooling AC can maintain a lower, more consistent temperature.
    By following these simple tips, you’ll get the most out of your Polar Cooling Portable AC, staying comfortable even during the hottest days of summer while maximizing energy efficiency.
    Stay Comfortable in Any Room – Click Here to Buy Your Polar Cooling AC!

    How to Use Polar Cooling for Sleep Comfort

    Getting a good night’s sleep is essential, and Polar Cooling Portable AC can be a game-changer in creating the ideal sleep environment, especially during warm summer nights. Here’s how to use it effectively for better sleep comfort.
    First, position the Polar Cooling Portable AC in your bedroom, preferably near your bed but not directly facing you. This will ensure that the cool air circulates throughout the room, providing an even temperature without making the airflow too intense. It’s important to adjust the fan speed to a comfortable level—setting it on low or medium works best for creating a gentle, consistent breeze that won’t disturb your rest.
    Next, make sure the water tank is filled and fresh. The evaporative cooling system relies on water to work effectively, so keep it filled to ensure continuous cooling. If you prefer a more humid environment, use the humidifier feature to add moisture to the air, which can help prevent dryness that might disrupt your sleep.
    The quiet operation of the Polar Cooling unit is a huge benefit when using it for sleep. Unlike larger air conditioning units, which can be noisy, this portable AC runs silently, ensuring that you won’t be disturbed by any loud, distracting sounds while trying to fall asleep.
    Finally, make sure the room is sealed by closing windows and doors to retain cool air. By using the Polar Cooling Portable AC correctly, you can maintain a comfortable, cool temperature throughout the night, promoting a restful and refreshing sleep experience.
    Summer Heat Doesn’t Stand a Chance – Get Polar Cooling Now!

    Pricing & Refund Policy

    Pricing Overview
    The Polar Cooling Portable AC is competitively priced to offer an affordable solution for personal cooling needs. As of now, the standard retail price is $89.99, with an exclusive 50% discount available through the promo code CHILL25.
    For those interested in multiple units, bundle deals are available:

    • 1 Unit: $89.99 
    • 2 Units: $84.99/unit
    • 3 Units: $79.99/unit

    Each purchase includes one Polar Cooling unit and one charging system, providing a comprehensive solution for personal cooling needs.

    Refund Policy
    Customer satisfaction is a priority, and the Polar Cooling Portable AC comes with a 90-day money-back guarantee. To qualify for a full refund:

    • The product must be returned in its original, unopened condition.
    • The return must be initiated within 90 days of the original purchase date.
    • Original shipping fees are non-refundable.
    • Return shipping costs are the responsibility of the customer.

    Please note that opened or used units are not eligible for a refund. For returns, contact customer service at 1-888-851-9719 to initiate the process and receive a Return Merchandise Authorization (RMA) number.
    Disclaimer on pricing: Prices vary by package and seasonal promotions. Always refer to the official website for up-to-date pricing, as it is subject to change at any time.
    Experience Instant Relief – Shop Polar Cooling Portable AC and Save Big!

    Customer Reviews and Feedback

    James T., New York, NY

    “I live in a small apartment in New York City, and the summer heat can get unbearable. I decided to give the Polar Cooling Portable AC a try, and I am absolutely amazed by its performance! It cools down my room within minutes, and the fact that it’s so easy to carry around makes it perfect for my mobile lifestyle. Highly recommend for anyone living in small spaces!”

    Sarah M., Los Angeles, CA

    “I’ve been using the Polar Cooling Portable AC in my office for the past month, and it’s been a game changer. The cooling effect is fantastic, and I love that I can move it from my office to the living room with ease. It’s super quiet and doesn’t disrupt my work. Plus, it’s energy-efficient, which is a huge plus in California’s hot weather. Definitely worth the investment!”

    Michael R., Chicago, IL

    “As someone who travels frequently for work, I needed a portable cooling solution for hotel rooms, and this unit is perfect. The Polar Cooling Portable AC is small enough to fit in my suitcase, but powerful enough to cool down any room. It’s been a lifesaver on several trips already. Great performance and very easy to use!”

    Emily K., Miami, FL

    “Living in Miami means dealing with intense heat and humidity. The Polar Cooling Portable AC has been my savior this summer. It cools my bedroom perfectly and helps me sleep comfortably at night. It’s so easy to set up, and I love that it doesn’t take up much space. This is a must-have for anyone dealing with hot weather in small spaces.”

    David H., Dallas, TX

    “I purchased the Polar Cooling Portable AC for my home office, and I couldn’t be happier. Texas summers are brutal, and this portable unit cools my entire office without using too much energy. I love how compact and quiet it is, and it has made working from home much more enjoyable. It’s one of the best purchases I’ve made this year.”

    Comparison with Competitors

    When compared to other popular portable AC units, the Polar Cooling Portable AC offers:

    • Better Portability: Unlike many other brands, the Polar Cooling AC is designed for maximum portability without sacrificing performance.
    • Eco-Friendliness: With its low energy consumption and eco-friendly design, it stands out in the market for users looking for sustainable solutions.
    • Multi-functionality: While many portable ACs focus solely on cooling, the Polar Cooling model also works as a humidifier and air purifier, offering a more comprehensive solution.

    Cool Your Space Anytime, Anywhere – Buy Polar Cooling Portable AC Today!

    Pros and Cons

    Pros:

    • Compact and portable
    • Multi-functional (cooling, humidifying, purifying)
    • Energy-efficient, eco-friendly design
    • Affordable compared to traditional AC units

    Cons:

    • Limited cooling capacity for larger rooms
    • Requires periodic refilling of water tank

    Who Should Consider Purchasing?

    The Polar Cooling Portable AC is perfect for:

    • Office workers who need a personal cooling solution.
    • Students in dorm rooms or apartments looking for a compact AC.
    • Travelers who want a portable and rechargeable option for hotel rooms or outdoor settings.

    FAQs

    Here are some of the most common questions about the Polar Cooling Portable AC:
    Q1: How long does the battery last?
    The Polar Cooling Portable AC provides up to 8 hours of continuous use on a full charge, depending on the cooling level and usage environment. It’s perfect for all-day cooling in small spaces.
    Q2: Can it be used while charging?
    Yes, you can use the Polar Cooling Portable AC while it’s charging, which makes it very convenient if you don’t want to rely on battery life.
    Q3: Is it suitable for humid environments?
    Yes, the Polar Cooling unit is designed to function well in moderately humid environments. It also doubles as a humidifier, which can be beneficial for maintaining a comfortable atmosphere in drier areas.
    Q4: What maintenance is required?
    To maintain the Polar Cooling Portable AC, simply clean the water tank regularly to prevent buildup. You’ll also need to replace the cooling filter as recommended by the manufacturer, ensuring optimal performance.
    Q5: Does it come with a warranty?
    The Polar Cooling Portable AC comes with a 1-year warranty that covers manufacturing defects and malfunctions under normal usage conditions.
    Get Yours Before It Sells Out – Polar Cooling Portable AC Won’t Last Long!

    Why Choose Polar Cooling Portable AC Over Traditional AC Units?

    • Portability vs. Fixed AC Units: Compare the benefits of a portable unit like the Polar Cooling AC versus traditional wall-mounted or window units.
    • Installation Ease: Discuss the convenience of using a portable AC that doesn’t require installation compared to complex traditional systems.
    • Space Efficiency: Explain how the Polar Cooling unit saves space, especially in apartments and smaller living areas.

    How Effective Is the Polar Cooling Portable AC for Various Environments?

    • Indoor Use: Evaluate its performance in different indoor environments like bedrooms, offices, and living rooms.
    • Outdoor Use: Discuss how effective it is for outdoor activities such as camping, picnics, or poolside relaxation.
    • Travel-Friendly: Explore its suitability for travel in RVs, hotel rooms, or even outdoor adventures.

    Understanding Evaporative Cooling: What You Need to Know

    • How Evaporative Cooling Works: A deeper dive into the science behind evaporative cooling and why it’s effective in certain climates.
    • Environmental Considerations: Discuss how the Polar Cooling Portable AC can be an eco-friendly alternative to traditional cooling methods.
    • Humidity Impact: Explain how the device works best in areas with low to moderate humidity and the science behind it.

    Beat the Heat NOW – Polar Cooling AC is Flying Off the Shelves

    Polar Cooling in Different Climates: Works Best in Hot or Dry Environments?

    The Polar Cooling Portable AC is a versatile cooling solution, but its performance is highly influenced by the climate in which it’s used. Understanding how the unit works in different climates is key to maximizing its effectiveness.
    The Polar Cooling Portable AC uses evaporative cooling technology, which works by drawing warm air through a water-soaked filter. As the water evaporates, it cools the air and blows it into your space. This process is most effective in dry climates with low humidity. In areas like the desert or arid regions, the air can absorb more moisture, allowing the unit to cool the air more efficiently.
    In contrast, in humid environments, such as coastal areas or places with high rainfall, the air is already saturated with moisture, which limits the effectiveness of evaporative cooling. In these areas, the Polar Cooling unit may still provide some relief, but it won’t cool the air as efficiently as it would in a dry climate. The high moisture content in the air reduces the evaporation rate, making the cooling effect less pronounced.
    However, in hot but dry climates, the Polar Cooling Portable AC excels, offering excellent performance and cooling efficiency. For homeowners in these regions, the Polar Cooling unit is an ideal choice to combat the heat without the energy consumption of traditional air conditioning systems.
    Act Fast – Polar Cooling AC Is Almost Gone! Order Now!

    Common Issues and How to Fix Them

    • Water Tank Leaks: Solutions for potential water tank leakage issues, along with troubleshooting tips.
    • Cooling Performance Drops: Tips on how to maintain consistent cooling performance by cleaning filters and refilling water.
    • Battery Life Issues: How to extend battery life and what to do if the unit isn’t holding a charge.

    Polar Cooling Portable AC for Healthier Air Quality

    • Air Purification Features: Discuss the additional benefit of air purification that comes with this unit.
    • Allergy Relief: How the Polar Cooling AC can help reduce allergens like dust and pollen.
    • Humidity Control: Explain how the built-in humidifier feature benefits respiratory health and comfort.

    How to Maximize the Life of Your Polar Cooling Portable AC

    • Maintenance Tips: Provide a step-by-step guide on how to clean the unit, replace filters, and keep it running efficiently.
    • Storage Tips: Best practices for storing the device during the off-season to extend its life.
    • Troubleshooting: Basic troubleshooting for common issues like low airflow or insufficient cooling.

    Is Polar Cooling Suitable for Larger Spaces?

    • Effective Cooling Range: Discuss the size of the space the Polar Cooling AC can effectively cool and whether it’s suited for larger rooms.
    • Considerations for Large Homes: Offer alternative solutions for people living in larger homes who may need additional cooling units or supplementary devices.

    Hurry! Limited Stock – Don’t Miss Out on Polar Cooling for Instant Relief!

    Polar Cooling Portable AC: A Must-Have for Students and College Dorms

    • Portable & Convenient: Why this product is a perfect choice for college students living in dorms or apartments without central AC.
    • Space-Saving: How it helps students save space in small living conditions.
    • Energy Efficiency for Students: How this portable AC can keep electricity costs down, ideal for a student budget.

    Polar Cooling Portable AC for Small Business Owners

    As a small business owner, maintaining a comfortable environment for both employees and customers is crucial for productivity and satisfaction. The Polar Cooling Portable AC offers an affordable, energy-efficient solution for cooling small business spaces, making it an ideal choice for a range of business environments, from home offices to retail shops.
    One of the key benefits of the Polar Cooling Portable AC for small business owners is its portability. Unlike traditional air conditioning units that require permanent installation and significant space, this compact and lightweight unit can be easily moved from room to room. Whether you need to cool an office, a reception area, or a small retail space, the Polar Cooling AC can adapt to your needs, providing localized cooling exactly where it’s needed most.
    Additionally, the energy efficiency of the Polar Cooling Portable AC is a major advantage for small businesses looking to cut down on operational costs. Traditional air conditioning units can consume a significant amount of energy, especially during the summer months. However, the Polar Cooling AC uses USB power and operates at a fraction of the cost, helping you save money on your electricity bills while still ensuring a comfortable atmosphere for both staff and customers.
    The quiet operation of the Polar Cooling unit is another benefit for business environments. Unlike some larger air conditioners that can produce disruptive noise, this portable AC operates at a low noise level, making it ideal for customer-facing businesses or office environments where noise can be distracting.
    In conclusion, the Polar Cooling Portable AC offers small business owners an efficient, cost-effective, and portable way to keep their spaces cool and comfortable, ensuring a productive environment without the added hassle of traditional AC systems.
    This Offer Won’t Last – Buy Polar Cooling Portable AC Now Before It’s Gone!

    How Polar Cooling Compares to Other Personal Cooling Devices

    • Fans vs. Portable AC: Why the Polar Cooling unit is a better choice than traditional fans, and how it provides more effective cooling.
    • Personal Coolers: Compare this unit with other small-scale cooling products like misting fans or portable fans.
    • Swamp Coolers: A side-by-side comparison of swamp coolers and the Polar Cooling unit in terms of effectiveness and convenience.

    Polar Cooling Portable AC for Offices and Workspaces

    • Enhanced Productivity: Discuss how a cool workspace can improve focus and productivity.
    • Quiet Operation: The advantage of using the Polar Cooling AC in an office without disruptive noise.
    • Easy Portability Between Offices: How employees can easily move the AC from one office space to another.

    Why Polar Cooling is the Ultimate Summer Investment for Homeowners

    As summer temperatures rise, homeowners are always on the lookout for ways to stay cool without breaking the bank on expensive air conditioning units. The Polar Cooling Portable AC is the ultimate summer investment for homeowners seeking an affordable, efficient, and convenient cooling solution.
    First, the portability of the Polar Cooling unit makes it an ideal choice for homeowners. Unlike traditional air conditioners that require complex installations and are fixed in one spot, the Polar Cooling AC is compact and lightweight. You can move it from room to room or even take it with you when traveling, ensuring that you stay comfortable no matter where you are.
    The energy efficiency of the Polar Cooling Portable AC is another reason it’s a smart investment. Traditional air conditioners can lead to high electricity bills, especially during the peak summer months. In contrast, the Polar Cooling AC uses minimal power, helping homeowners save money while still providing effective cooling.
    Moreover, with features like humidification and air purification, it doesn’t just cool your space—it improves air quality and provides added comfort during hot, dry weather.
    In conclusion, the Polar Cooling Portable AC is a cost-effective, versatile, and efficient way for homeowners to stay cool this summer, making it a must-have investment for beating the heat.
    The Ultimate Cooling Solution is Here – Get Your Polar Cooling Portable AC Now!

    Customer Support and Warranty Information

    • Customer Service: Overview of the support available for Polar Cooling users, including troubleshooting and replacement parts.
    • Warranty Coverage: Clarify the details of the product’s warranty and what it covers.
    • How to Contact Support: Provide information on how to reach Polar Cooling’s customer service for issues related to the product.

    Final Thoughts

    In conclusion, the Polar Cooling Portable AC stands out in the crowded market of portable cooling devices. Its unique combination of cooling, humidifying, and purifying functions makes it an excellent option for anyone who needs personal cooling in a small, convenient package. Whether you’re working at your desk, relaxing at home, or traveling, this portable AC offers exceptional value for its price.
    Its energy efficiency, compact size, and user-friendly features position it as one of the best portable cooling options of 2025. While it may not cool large rooms like traditional air conditioning systems, it excels in small spaces and delivers impressive results where it matters most.
    If you’re in the market for a portable, energy-efficient AC, the Polar Cooling Portable AC is certainly worth considering. With real user feedback and its multi-functional capabilities, it’s a smart investment for those who value comfort and convenience.

    Company: Polar Cooling
    Address: 6413 Bandini Blvd, Commerce, CA 90040, USA
    Email: cs@getultimateac.com
    Order Phone Support: 1-888-817-9080 (7AM – 5PM PST)

    Disclaimer Legal Disclaimer
    The information presented in this article is provided for general informational purposes only. While efforts are made to ensure accuracy and completeness, no content herein should be interpreted as a substitute for professional advice, product instructions, or manufacturer guidance. Product performance may vary depending on usage, environmental conditions, or maintenance habits. The Polar Cooling Portable AC is intended solely for non-medical, personal comfort use and is not designed to diagnose, treat, or prevent any medical condition. Readers with specific health concerns should consult a licensed healthcare provider before using any evaporative or air-modifying device.
    The content in this article may include subjective assessments, third-party testimonials, or editorial opinion based on publicly available information. All users are responsible for their own due diligence prior to purchase.
    Product specifications, pricing, and promotions mentioned are accurate at the time of publication but may change without notice. Readers are strongly encouraged to consult the official product website for the most current and accurate information before making any purchasing decision.
    This article is not authored by or affiliated with the product manufacturer, and all trademarks are the property of their respective owners.

    Affiliate Disclosure
    This content may include affiliate links. If a purchase is made through such links, the publisher may receive a commission at no additional cost to the reader. These commissions help support editorial and content development but do not influence the opinions or recommendations shared.
    The publisher of this article is not responsible for pricing discrepancies, product availability, incorrect claims, or typographical errors. All liability rests solely with the manufacturer and retail provider of the product. Syndication partners, editorial distributors, and third-party platforms sharing this content are likewise held harmless from any consequence resulting from use, misuse, or misunderstanding of the information contained herein.

    Attachment

    The MIL Network –

  • MIL-OSI United Kingdom: Sustainable scallop harvesting, safety and supply chain improvements

    Source: United Kingdom – Executive Government & Departments

    Case study

    Sustainable scallop harvesting, safety and supply chain improvements

    Thanks to the Fisheries and Seafood Scheme (FaSS) a small scale coastal fishing business has been able to invest in safety upgrades, eco-friendly vessel maintenance and infrastructure to maintain catch quality and market value.

    Key Facts

    • Applicant name: Greenstraight Scallops Ltd

    • Location: Dartmouth, South West, England
    • Type of project: Improving safety, promoting sustainability, enhancing supply chain infrastructure.
    • Project value: £23,508
    • Grant value: £18,806
    • Date awarded: February 2024 – May 2024

    Project details

    Greenstraight Scallops Ltd is operated by James Kirkaldy, an expert free diver and environmentally conscious small-scale coastal fisherman. Harvesting scallops year-round within six miles of the coast from his 6.3m vessel Terry David, James supplies high-quality shellfish to local restaurants in Dartmouth.

    With support from the Fisheries and Seafood Scheme (FaSS), James secured funding for three projects to improve diver and vessel safety, invest in eco-friendly maintenance, and enhance the shoreside infrastructure needed to preserve product quality and expand market access.

    These investments include the purchase of a refrigerated vehicle, a new chest freezer, cool boxes, safety equipment, and the application of an eco-friendly copper coating to the vessel hull. They address critical safety needs and enable James to increase resilience in the business by expanding where and how he sells his catch.

    James, Owner, Greenstraight Scallops Ltd:

    Thanks to the FaSS I have been able to successfully deliver significant improvements which give me peace of mind – not just about safety at sea, but about the future of my business and the traceability and quality of my catch.

    Project outcomes

    • Improved safety and working conditions through upgraded PPE
    • Safer vessel operations via a rebuilt deck and engine box, non-slip paint, and a new lifting davit which improves ability to bring catch on board and also doubles as the means to do an emergency recovery of a diver in the water if required
    • Sustainable vessel maintenance with the application of an ocean-friendly copper coat and support for vessel lift-outs, pressure washing and storage
    • New cold chain infrastructure including a refrigerated vehicle, chest freezer, cool boxes and ice packs to maintain product freshness and extend market reach
    • Resilience in supply chain by enabling storage and supply of scallops out of season, helping to maintain consistent availability for premium markets
    • Business growth projected turnover increase of 5% through enhanced quality control and expanded sales channels
    • Sector benefits through demonstration of best practice in diver safety and environmentally responsible harvesting

    Learn more

    This case study demonstrates the legacy of the FaSS in supporting England’s catching, aquaculture and processing sectors, as well as enabling projects that are improving the marine environment. It also supports MMOs commitment to ensuring a prosperous, innovative and sustainable future for the fishing industry.

    Read more Fisheries and Seafood Scheme: Selected case studies

    Updates to this page

    Published 29 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Retailers reminded about upcoming June 1 ban on disposable vapes

    Source: City of Leeds

    Shopkeepers across Leeds have been advised to act now in preparation for the disposable vapes ban which comes into force on June 1.

    The new legislation, from the Department for Environment, Food and Rural Affairs (DEFRA), will make it illegal for businesses, including those online, to sell or supply all single-use vapes.

    The ban will apply to England, Wales, Scotland and Northern Ireland and covers both nicotine and non-nicotine containing vaping products, which are not refillable or rechargeable. 

    In line with national policy, Leeds City Council has been writing to retailers across the city ahead of the ban, advising them to stop buying new stock of single-use vapes and sell all existing stock before June 1.

    Businesses are also being reminded of their legal duty to provide collection points for waste vapes to their customers.

    Anyone caught selling or supplying single-use vapes on or after June 1 could face fines or other sanctions.

    The ban has been brought into place to help curb the rise in youth vaping, with national figures from Action on Smoking and Health (ASH) estimating over half of children who use vapes report using disposable models, which often have colourful packaging and sweet flavours.

    Councillor Fiona Venner, Leeds City Council’s executive member for equality, health and wellbeing, said:

    “The incoming ban on disposable vapes is a vital measure towards improving the health of Leeds residents, particularly for our young people, as well as tackling the environmental damage that they cause. I would urge all our retailers to take action now to prepare for the new legislation coming into force.”

    The ban also aims to reduce the damage caused to the environment and wildlife from vapes disposed of in domestic waste and littered across the city, causing the release of harmful substances such as lead and mercury into soil, rivers and streams.

    Used e-cigarettes and disposable vapes should be returned to the shops they were bought from for recycling or taken to the nearest electrical recycling point, which can be found at www.recycleyourelectricals.org.uk. They can also be deposited in the special vape bins at one of the eight waste recycling points in Leeds.

    Councillor Mohammed Rafique, executive member for climate, energy, environment and green space, said:

    “Please do not throw vapes in household green recycling or black wheelie bins due to the risk of fire from the lithium-ion batteries. Recycling your old vapes also helps protect the environment, as they contain valuable materials like metal, plastic and lithium batteries that can be made into new items.”

    Further information for retailers can be found at: https://www.gov.uk/guidance/single-use-vapes-ban

     

    MIL OSI United Kingdom –

  • MIL-OSI United Nations: Resilience Maturity Assessment (ReMA) tool

    Source: UNISDR Disaster Risk Reduction

    What is the ReMA Tool?

    Developed by UNDRR and the Corporate Chief Resilience Officers (CCRO) network, the Resilience Maturity Assessment (ReMA) tool provides a comprehensive self-assessment framework designed to evaluate and enhance your organization’s capacity to withstand disruptions and adapt to change.

    Whether you are a micro enterprise, a small business, or a global corporation, ReMA tool equips you with the insights needed to measure, improve, and disclose your resilience.

    Start your assessment and build a stronger, more resilient future.

    Why is enterprise resilience important?   

    In an age of increasing uncertainty, organizations across all sectors face new and unforeseen challenges that are becoming business as usual. These challenges can stem from climate change, cyber-crime, fraud, AI advancements, or other sources of disruption that could be transformational or reputational.

    Resilience is vital for any enterprise to survive and thrive in a complex and volatile environment. This ability to adapt and grow amid challenges is not only beneficial for the enterprises themselves, but also extends to impact all their stakeholders and surrounding communities.

    The 4 resilience maturity levels

    The four levels represent stages of resilience maturity, serving as convenient boundaries to categorize progress.

    However, it’s important to recognize that resilience maturity is fundamentally subjective. You may find your organization performing well in some areas while needing improvement in others. The maturity level you aim for may also vary depending on your organization’s size, complexity, and priorities. Although Levels 1 to 4 are distinct categories, it’s more accurate to view resilience as a continuous spectrum.

    The model allows you to benchmark your own maturity against certain criteria. This generates a benchmark band which you should strive to achieve.

    The ReMA tool uses six operational pillars that are recurrent in resilience practices to assess enterprise maturity.

    “Business, professional associations and private sector financial institutions, including financial regulators and accounting bodies, as well as philanthropic foundations, to integrate disaster risk management, including business continuity, into business models and practices through disaster-risk-informed investments, especially in micro, small and medium-sized enterprises (p. 23).” 

    – Sendai Framework for Disaster Risk Reduction 2015-2030 

    MIL OSI United Nations News –

  • MIL-OSI Asia-Pac: Invest Hong Kong promotes Hong Kong’s business advantages in Beijing and Tianjin (with photos)

    Source: Hong Kong Government special administrative region

    Invest Hong Kong promotes Hong Kong’s business advantages in Beijing and Tianjin
         During her visit, Ms Lee met with numerous companies to understand their overseas strategies, while promoting Hong Kong business opportunities. She highlighted Hong Kong’s unique role as a “super connector” between the Mainland and global markets under the “one country, two systems” framework. She will also follow up with Beijing-based companies that recently joined the Business Delegation led by the Chief Executive of the Hong Kong Special Administrative Region (HKSAR) to the Middle East.
        
         In Beijing and Tianjin, InvestHK held thematic discussions with organisations such as the China Alcoholic Drinks Association to showcase the immense opportunities for liquor businesses following Hong Kong’s reduction in liquor duty. InvestHK also co-organised a series of promotional activities with industry associations, including policy exchange sessions and seminars on global expansion for F&B enterprises.
     
         InvestHK yesterday (May 28) hosted a thematic roundtable event in Beijing with F&B industry representatives to exchange views on overseas expansion and Hong Kong’s investment policies. Ms Lee explained that Hong Kong serves as a vital bridge between the Mainland and international markets, offering unparalleled business advantages for Mainland enterprises to expand overseas.
     
         “As a world-renowned culinary capital, Hong Kong is an ideal testing ground for F&B brands aiming to internationalise,” said Ms Lee. “The city’s diverse consumer base enables brands to validate product acceptance across cultures. With a robust influx of international visitors, brands can also benefit from strong word-of-mouth marketing. Hong Kong’s mature F&B ecosystem provides an ideal platform for innovation, while local talent with international prospective and global experience offers a solid foundation for international expansion,” she said.
     
         The Head of Tourism and Hospitality at InvestHK, Ms Sindy Wong, gave a detailed overview of Hong Kong’s F&B market advantages and how the city can support Mainland enterprises in scaling their overseas presence. The Associate Director of the Office of the HKSAR Government in Beijing (Beijing Office) , Ms Eunice Chan, delivered  welcome remarks at the event.
     
         InvestHK today (May 29) visited Tianjin to engage with major local wine companies to promote Hong Kong’s latest policies on the alcohol industry. A seminar entitled Leveraging Hong Kong’s Advantages to Support Tianjin F&B Enterprises Going Global was held, co-organised by Hong Kong Bauhinia College and the Tianjin General Chamber of Commerce, and supported by the Tianjin Liaison Unit of the HKSAR Government, the Hong Kong and Macao Affairs Office of Tianjin Municipal People’s Government, and the Tianjin Federation of Industry and Commerce.
     
         In her welcome remarks, Ms Lee said, “Tianjin and Hong Kong have long enjoyed close economic and trade ties. Hong Kong is Tianjin’s largest source of foreign investment and a vital platform for local enterprises to go global. With its unique advantages of having the staunch support of the country while maintaining unparalleled connectivity with the world, Hong Kong’s thriving culinary economy presents opportunities for Mainland brands to grow their brand influence. Tianjin enterprises can leverage Hong Kong’s open and internationalised environment to accelerate their global expansion. “She highlighted Hong Kong’s role as a vital international gateway, capable of helping Tianjin culinary brands set sail for overseas markets and expand their global presence.
     
         Ms Wong shared an in-depth analysis of Hong Kong’s market environment, along with practical case studies, and the HKSAR Government’s latest policies to attract businesses, encouraging them to utilise the Hong Kong platform for outbound investment.
     
         The Chairman of the Tianjin General Chamber of Commerce, Ms Han Xiuyun, delivered welcome remarks, pledging to deepen economic, trade, and investment co-operation, particularly in the catering sector, between Tianjin and Hong Kong, enabling enterprises from both places to capitalise on their respective strengths for mutual development.
     
         During the professional services sharing session, Deputy Director of the Management Committee of Beijing Yingke (Hangzhou) Law Firm and Director of Yingke Global Catering Enterprise (outbound investment) Service Center, Mr Chen Shaojun, and the Chief Immigration Officer of the Beijing Office, Mr Xarier Wong, delivered keynote speeches on Hong Kong’s professional services and talent schemes to attendees. Vice President of Xiabu Xiabu Group, Ms Zhang Yanmei, shared experiences on the company’s business set-up and growth in Hong Kong, encouraging catering businesses to stronglyconsider Hong Kong’s platform for brand internationalisation.
     
         The seminar also featured a Q&A session for enterprises interested in setting up in Hong Kong. Hong Kong representatives addressed their queries in detail. The event attracted more than 80 representatives from Tianjin businesses, institutions, and media.
     
         For photos of the seminar, please visit www.flickr.com/photos/investhk/albums/72177720326484438Issued at HKT 18:42

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: Disaster Recovery Center Opens in Russell County

    Source: US Federal Emergency Management Agency

    Headline: Disaster Recovery Center Opens in Russell County

    Disaster Recovery Center Opens in Russell County

    FRANKFORT, Ky

    – A Disaster Recovery Center has opened in Russell County to offer in-person support to Kentucky survivors who experienced loss as the result of the severe storms, straight-line winds and tornadoes from May 16-17, 2025

    The new Disaster Recovery Center in Russell County is located at: Russell County Courthouse, 410 Monument Square, Jamestown, KY 42629 Working hours are 9 a

    m

    to 7 p

    m

    Central Time, Monday through Saturday and 1 – 7 p

    m

    Central Time, Sunday

    Disaster Recovery Centers are one-stop shops where you can get information and advice on available assistance from state, federal and community organizations

     You can get help to apply for FEMA assistance, learn the status of your FEMA application, understand the letters you get from FEMA and get referrals to agencies that may offer other assistance

    The U

    S

    Small Business Administration representatives and resources from the Commonwealth are also available at the Disaster Recovery Centers to assist you

    FEMA is encouraging Kentuckians affected by the May tornadoes to apply for federal disaster assistance as soon as possible

    You can visit any Disaster Recovery Center to get in-person assistance

    No appointment is needed

     To find all other center locations, including those in other states, go to fema

    gov/drc or text “DRC” and a Zip Code to 43362

    You don’t have to visit a center to apply for FEMA assistance

     There are other ways to apply: online at DisasterAssistance

    gov, use the FEMA App for mobile devices or call 800-621-3362

    If you use a relay service, such as Video Relay Service (VRS), captioned telephone or other service, give FEMA the number for that service

    When you apply, you will need to provide:A current phone number where you can be contacted

    Your address at the time of the disaster and the address where you are now staying

    Your Social Security Number

    A general list of damage and losses

    Banking information if you choose direct deposit

    If insured, the policy number or the agent and/or the company name

    For more information about Kentucky tornado recovery, visit www

    fema

    gov/disaster/4875

    Follow the FEMA Region 4 X account at x

    com/femaregion4

    martyce

    allenjr
    Wed, 05/28/2025 – 20:05

    MIL OSI USA News –

  • MIL-OSI USA: Disaster Recovery Center Opens in Trigg County

    Source: US Federal Emergency Management Agency 2

    strong>FRANKFORT, Ky. – A Disaster Recovery Center has opened in Trigg County to offer in-person support to Kentucky survivors who experienced loss as the result of the severe storms, straight-line winds and tornadoes from May 16-17, 2025. The new Disaster Recovery Center in Trigg County is located at:
     
    Trigg County Emergency Operations Center, 39 Jefferson St, Cadiz, KY 42211
    Working hours are 9 a.m. to 7 p.m. Central Time, Monday through Saturday and 1 – 7 p.m. Central Time, Sunday.
    Disaster Recovery Centers are one-stop shops where you can get information and advice on available assistance from state, federal and community organizations. You can get help to apply for FEMA assistance, learn the status of your FEMA application, understand the letters you get from FEMA and get referrals to agencies that may offer other assistance. The U.S. Small Business Administration representatives and resources from the Commonwealth are also available at the Disaster Recovery Centers to assist you.
    FEMA is encouraging Kentuckians affected by the May tornadoes to apply for federal disaster assistance as soon as possible. The deadline to apply is July 23.
    You can visit any Disaster Recovery Center to get in-person assistance. No appointment is needed. To find all other center locations, including those in other states, go to fema.gov/drc or text “DRC” and a Zip Code to 43362. 
    You don’t have to visit a center to apply for FEMA assistance. There are other ways to apply: online at DisasterAssistance.gov, use the FEMA App for mobile devices or call 800-621-3362. If you use a relay service, such as Video Relay Service (VRS), captioned telephone or other service, give FEMA the number for that service.
    When you apply, you will need to provide:

    A current phone number where you can be contacted.
    Your address at the time of the disaster and the address where you are now staying.
    Your Social Security Number.
    A general list of damage and losses.
    Banking information if you choose direct deposit.
    If insured, the policy number or the agent and/or the company name.

    For more information about Kentucky tornado recovery, visit www.fema.gov/disaster/4875. Follow the FEMA Region 4 X account at x.com/femaregion4. 

    MIL OSI USA News –

  • MIL-OSI Russia: Rosneft Days were held at the International Institute of Energy Policy and Diplomacy of MGIMO of the Russian Foreign Ministry

    Translation. Region: Russian Federal

    Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

    As part of the celebration of the 25th anniversary of the International Institute of Energy Policy and Diplomacy of MGIMO of the Ministry of Foreign Affairs of Russia (MIEP), thematic “Rosneft Days” were held for the university students.

    Over the course of two days, representatives of the Central Office and scientific institutes of Rosneft told students about the Company’s projects. The lecture topics covered issues of climate change, the use of renewable energy sources, sustainable development, carbon management and the implementation of climate projects that are relevant to the global energy agenda. The students were also told about the Company’s unique experience in conducting scientific expeditionary work in the Arctic and the evolution of fuels and petrochemical synthesis.

    For visitors of the Company’s theme days, master classes and a business game were organized, and educational films about the activities of Rosneft were shown. In addition, a selection of candidates for admission to the master’s program of the basic department with subsequent internship at Rosneft was also held. 50 applicants from MIEP took part in the selection.

    In May, one of Rosneft’s key partners, the International Institute of Energy Policy and Diplomacy of MGIMO University of the Russian Foreign Ministry, celebrates its 25th anniversary. Cooperation with the institute has been developing for over 20 years, is comprehensive and includes: work with talented youth, retraining and advanced training of the Company’s employees, implementation of the Company’s educational cooperation with foreign universities, development of the institute’s educational infrastructure, support for students and teachers, as well as research work.

    Rosneft was the first fuel and energy company to create a basic department of “Global Energy Policy and Energy Security” at MIEP, which has been operating since 2007. The department trains masters in the program “Energy Strategies of International Oil and Gas Companies”. The curriculum of the program includes practice-oriented courses in special disciplines and a two-year internship for students in the Company’s specialized divisions. The annual admission to the master’s program is 10 people.

    During the operation of the basic department, more than 160 master’s degree students completed a long-term internship at Rosneft. The best graduates of the master’s degree are employed by the Company following the internship.

    The Rosneft Corporate Training Center, created at MIEP, implements more than 20 unique programs for advanced training in regional studies, international law, economics, finance and other areas for the Company’s specific needs. More than 4 thousand employees of the Company have completed training at the Center.

    For high-potential and promising employees of the Company, who are in the personnel reserve, training is provided under the corporate Master of Business Administration (MBA) program with a specialization in “International Business in the Oil and Gas Industry”. More than 200 managers and personnel reserves of Rosneft have graduated from the program.

    Rosneft, together with MIEP, is developing cooperation with foreign partner universities.

    Reference:

    Rosneft cooperates with 203 educational partner organizations, including 75 Russian universities. Work with educational institutions is carried out within the framework of the corporate system of continuous education “School – College/University – Enterprise”, which has been in operation since 2005 and ensures a constant influx of young specialists with a high level of training to the Company.

    Department of Information and Advertising of PJSC NK Rosneft May 29, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: Government appoints new Managing Director of Urban Renewal Authority

    Source: Hong Kong Government special administrative region

    Government appoints new Managing Director of Urban Renewal Authority 
         The Secretary for Development, Ms Bernadette Linn, said, “Mr Choi is a veteran architect and has worked in the fields of architecture and property development for a long time. He has a deep understanding of the local land and housing planning, the property market, conservation of historic buildings, green buildings and innovative construction techniques, among others, and is committed to creating quality and vibrant urban living in Hong Kong. I am confident that Mr Choi will lead the URA management in furthering the important task of urban renewal, as well as effectively handling the challenges of building decay while maintaining the financial sustainability of the URA. I look forward to close collaboration with him.”
     
         “I would also like to extend my heartfelt gratitude to Mr Wai Chi-sing, who is retiring upon completion of his term of office, for his invaluable contributions to the work of the URA over the years. Since taking up the position of Managing Director in 2016, with his exceptional leadership and extensive experience, Mr Wai has led the URA in taking forward various urban renewal initiatives with an innovative mindset. Apart from introducing new planning concepts and measures to enhance the speed and quality of redevelopment through a number of redevelopment projects and district studies, he also adopted a forward-looking mindset to promote building rehabilitation and made significant contributions to advancing sustainable urban renewal,” Ms Linn added.
     
         The Government appointed a consultancy firm last year to conduct an open recruitment exercise for the Managing Director post of the URA. The shortlisted candidates were considered by a selection panel chaired by the Financial Secretary, Mr Paul Chan, and the recommendation on the appointment was made to the Chief Executive. Panel members included the Deputy Financial Secretary, Mr Michael Wong; the Secretary for Development, Ms Bernadette Linn; the Chairman of the URA, Mr Chow Chung-kong; and Non-Executive Director of the URA Board Mr William Chan Fu-keung.
     
         The URA Managing Director is the URA’s administrative head, responsible for leading project teams to implement the decisions and instructions of the URA Board. The Managing Director is also the Deputy Chairman of its Board.
     
         A brief biography of Mr Choi is as follows:
     
         Mr Choi is an architect by profession. He was the Chief Executive Officer of Chinachem Group from 2018 to August 2024 before his retirement. Prior to that, he was the Managing Director of the Nan Fung Development Limited and a Director at Foster + Partners. He previously served as President of the Hong Kong Institute of Architects and of the Hong Kong Institute of Urban Design. 
     
         Mr Choi holds a Bachelor of Mathematics degree from the University of British Columbia in Canada and professional degrees in architecture from the Rhode Island School of Design. He also holds a Master of Business Administration degree from the University of Hong Kong and a Master of Arts in Comparative and Public History degree from the Chinese University of Hong Kong. 
    Issued at HKT 14:00

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI: Influencer Crypto Costa Opens Short Position on XRP via BYDFi

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, May 29, 2025 (GLOBE NEWSWIRE) — Crypto Costa, a well-known trading educator and content creator, has announced that he is initiating a short position on XRP, drawing notable attention and discussion across the trading community. The position was opened on BYDFi, a globally renowned crypto trading platform where Costa serves as a global brand ambassador.

    XRP Surges Past $2.3 Amid Bullish Momentum

    XRP recently climbed to $2.3, marking a significant rally after clearing a key psychological resistance level. The price movement follows renewed optimism in the broader Ripple ecosystem, fueled by legal progress and sustained investor interest. Trading volumes and social metrics have surged, reflecting growing retail and institutional participation in the asset.

    BYDFi Ambassador Crypto Costa Against the Tide

    While broader sentiment remains optimistic, Costa has taken a contrarian stance by initiating a short-selling strategy against XRP’s rally.

    “I’m starting to scale into a short on #XRP. First short entry at $2.3,” Costa posted on X. “I think the top for this centralized coin is long gone, so I’m planning to hold the short through the upcoming dumps in the coming weeks and months.”

    While Costa’s tone remains provocative, the move has sparked renewed discussion about XRP’s short-term volatility. As a trader, he noted BYDFi’s execution speed, depth of liquidity, and contract infrastructure as factors influencing his choice of platform for this trade.

    About Crypto Costa

    Crypto Costa is recognized for his outspoken market views and educational content across X and YouTube. Known for his contrarian takes, he shares trading insights with a global audience and joined BYDFi as a brand ambassador earlier this year.

    About BYDFi

    Established in 2020, BYDFi has grown to serve over 1,000,000 users across 190+ countries and regions. The platform has been recognized by Forbes as one of the Best Crypto Exchanges & Apps for Beginners of 2025, and offers a full suite of trading products—including spot, perpetual contracts, copy trading, trading bots, and on-chain tools—designed to support both beginners and experienced crypto users.

    BYDFi is committed to providing a world-class crypto trading experience for every user.

    BUIDL Your Dream Finance.

    • Website: https://www.bydfi.com
    • Support email: cs@bydfi.com
    • Business partnerships: bd@bydfi.com
    • Media inquiries: media@bydfi.com

    Twitter( X ) | LinkedIn | Telegram | YouTube | How to Buy on BYDFi

    Photos accompanying this announcement are available at: 

    https://www.globenewswire.com/NewsRoom/AttachmentNg/445ba42c-a6e0-4f63-b56b-e4243bd0f2d7

    https://www.globenewswire.com/NewsRoom/AttachmentNg/1c78e22a-1dca-4cd4-9368-678f28badf30

    The MIL Network –

  • MIL-OSI USA: Governor Newsom announces appointments 5.28.25

    Source: US State of California 2

    May 28, 2025

    SACRAMENTO – Governor Gavin Newsom today announced the following appointments:

    LaCandice Ochoa, of Sacramento, has been appointed Deputy Director of the Independent Living and Community Access Division at the Department of Rehabilitation. Ochoa has been Dean of Workforce and Economic Development in the Office of the Chancellor of the California Community Colleges since 2020, where she was previously Operations Manager of Workforce and Economic Development from 2020 to 2022. She was the Operations Manager for the Commission on Disability Access at the Department of General Services from 2018 to 2020. Ochoa was a Program Manager at the Governor’s Office of Emergency Services from 2015 to 2018. She was a Program Analyst for the Health Professions Education Foundation at the Department of Healthcare Access and Information from 2014 to 2015. Ochoa was an Associate Governmental Program Analyst at the California Department of Rehabilitation from 2012 to 2014. She was an Executive Assistant at Disability Rights California from 2011 to 2012. Ochoa was an Outreach and Training Advocate at the California Foundation for Independent Living Centers from 2009 to 2011. She was a Support Staff Assistant for Bob Segalman, Ph.D. from 2008 to 2009. Ochoa is a member of the California Community College Association of Occupational Educators, Association of California Community College Administrators, and Association of California State Employees with Disabilities. She earned a Master of Science degree in Assistive Technology and Human Services from California State University, Northridge and a Bachelor of Arts degree in Ethnic Studies from University of California, San Diego. This position does not require Senate confirmation, and the compensation is $137,616. Ochoa is a Democrat.

    Aaron Christian, of Chino, has been appointed Chief of Population Risk, Quality Assurance, and Data Operations at the Department of Developmental Services. Christian has been Deputy Director of the Division of Community Assistance and Resolutions at the California Department of Developmental Services since 2024, where he has held several roles since 2020, including Assistant Deputy Director and Southern Region Manager. He held several roles at the San Gabriel/Pomona Regional Center from 2010 to 2020, including Director of Client Services, Director of Community Services, Assistant Director of Community Services, Resource Developer, and Service Coordinator. Christian was a Youth Counselor at the California Department of Corrections and Rehabilitation from 2007 to 2009. He was a Program Manager at Esperanza Services from 2003 to 2007. Christian earned a Master of Public Administration degree in Public Sector Leadership from California State University, Northridge and a Bachelor of Science degree in Human Services from University of Phoenix. This position does not require Senate confirmation, and the compensation is $187,104. Christian is registered with no party preference. 

    Sherri Miller, of Sacramento, has been appointed Special Assistant to the Secretary at the California Environmental Protection Agency. Miller has been Executive Office Manager at California High-Speed Rail Authority since 2023, where she was previously Staff Services Manager II from 2021 to 2023. She held several roles at the California Department of Motor Vehicles from 2012 to 2019, including Administrative Assistant II to the Department of Motor Vehicles Director and Executive Secretary. Miller is a participant of the Diversity, Equity, and Inclusion Program at California High-Speed Rail Authority. This position does not require Senate confirmation, and compensation is $108,000. Miller is a Democrat.

    Jason Paguio, of Coronado, has been reappointed to the Commission on Asian and Pacific Islander American Affairs, where he has served since 2022. Paguio has been President and Chief Executive Officer of the Asian Business Association San Diego and the Asian Business Association Foundation since 2019 and a Member of the United States Coast Guard Auxiliary since 2017. He was Director for North America at Dalman & Narborough from 2006 to 2025. Paguio was Director of Strategic Partnerships and Political Director for the California Asian Pacific Chamber of Commerce from 2020 to 2022. He was a Land Use Advisor for the San Diego County Board of Supervisors from 2017 to 2019. Paguio was Chief of Staff for the Office of the Deputy Mayor of the City of Chula Vista from 2015 to 2017. He is Chair of the Board of Directors of the San Diego Community Housing Corporation, Immediate Past Chair of the Board of Directors of LEAD San Diego, Member of the Board of Directors of the San Diego Regional Chamber of Commerce, NTC Foundation, and San Diego Opera and a member of the California Entrepreneurship and Economic Mobility Task Force in the Office of the Small Business Advocate. This position does not require Senate confirmation, and there is no compensation. Paguio is a Democrat.

    Rajan Gill, of Yuba City, has been reappointed to the California Commission on Asian and Pacific Islander American Affairs, where he has served since 2013. Gill has been a Filmmaker at Neena Filmhouse since 2024, Professor of History at Yuba College since 2019, and Managing Partner at Gill Ranches since 2010. He was Professor of History at Las Positas College from 2018 to 2019. Gill was an Adjunct Professor at Yuba College from 2015 to 2018. He earned a Master of Arts degree in History from the University of California, Santa Cruz and a Bachelor of Arts degree in History and Middle Eastern and South Asian studies from the University of California, Davis. This position does not require Senate confirmation, and there is no compensation. Gill is a Democrat.

    Press releases, Recent news

    Recent news

    May 28, 2025

    News SACRAMENTO – Governor Gavin Newsom issued the following statement after a federal court ruled today that President Trump exceeded his use of emergency powers to enact broad-sweeping tariffs that hurt states, consumers, and businesses: “Like we said when we filed…

    May 28, 2025

    News SACRAMENTO – Governor Gavin Newsom today announced that he has signed the following bill:SB 49 by Senator Shannon Grove (R-Bakersfield) – Tribal gaming: compact and amendment ratification.For full text of the bill, visit: leginfo.legislature.ca.gov.  Recent…

    May 28, 2025

    News SACRAMENTO – Governor Gavin Newsom today issued an emergency proclamation for Trinity County to assist in recovery from the December 2024 winter storms that caused significant damage to the local area. The emergency proclamation authorizes the Governor’s Office…

    MIL OSI USA News –

  • MIL-OSI United Kingdom: Free Steward Training for Community Groups

    Source: Northern Ireland City of Armagh

    Community groups across the borough are invited to attend a free ‘Steward Training’ session on Tuesday, 17 June 2025, from 6:30pm to 9:30pm at Portadown Townhall.

    This practical training is designed to support local organisations in running safer, more effective events. Participants will gain essential skills in managing crowds, handling emergencies, and supporting team operations.

    The session will cover key stewarding topics including:

    • Preparing for spectator events
    • Managing entry, exit, parking, traffic flow, and spectator movement
    • Monitoring crowds and addressing potential problems
    • Supporting the team and wider organisation
    • Conflict management strategies
    • Responding to accidents and emergencies

    This training is specifically targeted at community groups within the borough and aims to build local capacity for delivering safe and well-organised events.

    To reserve your place, click here: https://form.jotform.com/251401691567054

    For further information contact Timothy Conn, Good Relations Support Officer at E:

    *protected email*

    or T: 077804 77509

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Pension plan to double £25 billion+ megafunds, boost investment and improve returns for savers

    Source: United Kingdom – Executive Government & Departments 3

    Press release

    Pension plan to double £25 billion+ megafunds, boost investment and improve returns for savers

    Millions of workers are set to retire with bigger pension pots as the Government confirms plans to double the number of UK pension megafunds by 2030, unlocking billions to invest in Britain’s future.

    • Move secures over £50 billion investment in UK infrastructure, new homes and fast-growing businesses, as pension funds reverse decades of declining domestic investment. 
    • Average earner could get £6,000 boost to their pension pots at retirement from consolidation alone – with further increases expected through the Pension Schemes Bill. 
    • £1 billion a year of costs could be saved through consolidation and better governance, ensuring savings deliver for working people and the economy.

    Reforms set to be introduced through the Pension Schemes Bill will mean all multi-employer Defined Contribution pension schemes and Local Government Pension Scheme pools operate at megafund level, managing at least £25 billion in assets by 2030. Evidence from Australia and Canada shows that this size allows pension funds to invest in big infrastructure projects and private businesses, boosting the economy while potentially driving higher returns for savers. 

    These changes will drive more investment directly into the UK economy for new homes and promising scale-up businesses, with over £50 billion secured through the recent voluntary commitment from pension funds to invest 5 percent of assets in the UK and new local investment targets for Local Government Pension Scheme authorities. 

    This tackles the gradual decline in domestic investment from UK pension funds, where around 20 per cent of Defined Contribution assets are currently invested compared to over 50 per cent in 2012, as the Government goes further and faster to drive growth, create jobs and put more money into people’s pockets through the Plan for Change. More than 50 scale-up businesses have signed a joint letter to the Chancellor welcoming the reforms as a ‘significant milestone in ensuring British institutions back British businesses at the scale required to generate growth, employment and wealth.’ 

    New figures from the final report of the Pensions Investment Review published today also show that these reforms will drive higher returns for savers, in part by cutting waste in the system. By 2030 these schemes could be saving £1 billion a year through economies of scale and improved investment strategies. As a result, an average earner who saves over their career could see a £6,000 boost to their Defined Contribution pension pot at retirement through the creation of megafunds – with even better returns expected to be generated through changes in the upcoming Pension Schemes Bill.

    Chancellor of the Exchequer, Rachel Reeves, said: 

    We’re making pensions work for Britain. These reforms mean better returns for workers and billions more invested in clean energy and high-growth businesses – the Plan for Change in action.

    Deputy Prime Minister, Angela Rayner said:  

    The untapped potential of the £392 billion Local Government Pension Scheme is enormous. Through these reforms we will make sure it drives growth and opportunities in communities across the country for years to come – delivering on our Plan for Change.

    Today’s pensions announcements follow a month of major delivery milestones for the Plan for Change: new trade deals with India, the US and the EU, UK growth the highest in the G7, and the fourth interest rate cut since last summer after the government secure the economy’s foundations. 

    Multi-employer defined contribution pension schemes will be required to operate at megafund level, managing £25 billion or more in assets, and the full investment might of the £392 billion Local Government Pension Scheme (LGPS) will be unleashed by consolidating assets currently split over 86 administering authorities into just 6 pools.  

    Defined Contribution schemes will be given more freedom through legislation to move savers into better performing funds, enabling bulk transfer of assets into the megafunds while ensuring savers’ interests are always protected. Schemes worth over £10 billion that are unable to reach the minimum size requirement by the end of the decade will be allowed to continue operating, as long as they can demonstrate a clear plan to reach £25 billion by 2035. 

    The Mansion House Accord shows DC schemes are voluntarily investing more in infrastructure and businesses. To provide additional certainty that individual schemes will not lose business by investing in private markets, which offer the potential for higher returns but are expensive to invest in upfront, the Government will take a reserve power in the Pension Schemes Bill to set binding asset allocation targets. 

    The Pensions Investment Review confirms the March 2026 deadline for LGPS asset pooling, with a backstop power set to be taken in the Pension Schemes Bill to protect the interests of LGPS members and local taxpayers where necessary by directing an Administering Authority to participate in a specific investment pool.  

    Local investment targets will be agreed with LGPS authorities for the first time, securing £27.5 billion for local priorities. LGPS authorities will work with regional mayors, Welsh Authorities and councils to back the projects that matter most to the 6.7 million public servants – most of whom are low-paid women – whose savings they manage.

    Minister for Pensions, Torsten Bell, said: 

    Our economic strategy is about delivering real change, not tinkering around the edges. When it comes to pensions, size matters, so our plans will double the number of £25 billion plus megafunds. These reforms will mean bigger, better pension schemes, delivering a better retirement for millions and high investment in Britain.

    Irene Graham OBE, CEO ScaleUp Institute said:

    This represents a significant milestone in ensuring British institutions back British business – at the scale required – to generate growth, employment and wealth. UK pension funds are central to achieving this goal and addressing the UK’s longstanding growth capital gap that have held back growth ambitions. 

    The ScaleUp Institute, and the broad representatives of the scaleup economy across the UK, have written to the Chancellor today to welcome the Government’s final report on the Pensions Investment Review and the Government’s commitment to double the number of UK pension megafunds by 2030, thereby unlocking billions of patient capital to scaling businesses across the country.

    The changes come as London CIV has become the first LGPS pool to announce its intention to work with the British Business Bank on the launch of the British Growth Partnership (BGP), joining Aegon UK and NatWest Cushon, who last year announced their intention to collaborate on the BGP and invest in fast-growing businesses. These three funds manage a combined £274 billion in assets. 

    The upcoming Pension Schemes Bill will continue the Government’s fundamental reset of our pensions landscape, including by tackling the small pots problem, allowing Defined Benefit surpluses to be safely released, requiring every scheme to deliver value for money, and ensuring all savers are offered a default retirement income product. 

    Countries like Canada and Australia show how powerful pension consolidation can be – having built megafunds that invest in assets that boost their economies. Today’s reforms put the UK on the same path.

    More information

    • The final report of the Pensions Investment Review will be here. Further detail on all calculations and assumptions will be contained in the analytical annex. 

    • Just over 50% of DC assets were invested domestically in 2012 which has gradually declined to just over 20% by 2023. 

    • The £50 billion investment figure combines the Mansion House Accord commitment to invest 5% of assets in the UK (£25 billion by 2030), and the estimate for Local Government Pension Scheme local investment (5% of £550 billion by 2030). 

    • The £6,000 boost to retirement pots is from the impact of consolidation alone, which we estimate to deliver at least a 6-basis point reduction in fees as well as increase allocations to productive assets such as infrastructure projects. This means an average (median) earner saving into a DC pension, who is 22 and saves for their entire career until State Pension Age will see a £6,000 boost to their retirement pot before other measures in the Pension Schemes Bill are factored in. 

    • The £1 billion savings figure for DC schemes is based on a 12 basis point reduction in costs applied to £800 billion assets under management by 2030 – delivering a £960m saving. The Pension Investment Review consultation responses suggested consolidation of pension providers could lead to reduced charges by up to 10-20bps over the longer term and Australia had around a 12bp cost reduction through scale. 

    • The government’s response to the Options for Defined Benefit schemes consultation, also published today sets out how Government will unlock some of the £160 billion of surplus funds from well-funded Defined Benefit (DB) pension schemes, to benefit employers, members and the economy. It also sets out that the Government is continuing to consider a consolidator for DB schemes, run by the Pensions Protection Fund. The response is here: Options for Defined Benefit schemes – GOV.UK

    • The joint letter from scale up businesses can be found here

    Irene Graham OBE, CEO ScaleUp Institute, said:

    The ScaleUp Institute, and the broad representatives of the scaleup economy across the UK, have written to the Chancellor today to welcome the Government’s final report on the Pensions Investment Review and the Government’s commitment to double the number of UK pension megafunds by 2030, thereby unlocking billions of patient capital to scaling businesses across the country.

    This represents a significant milestone in ensuring British institutions back British business – at the scale required – to generate growth, employment and wealth. UK pension funds are central to achieving this goal and addressing the UK’s longstanding growth capital gap that have held back growth ambitions. 

    To deliver tangible impacts on the ground we must now see the intent in these reforms, alongside the recently augmented Mansion House Accord, turn into practical institutional investment outcomes in every part and sector of the country, including our rapidly growing innovation and industrial sectors.

    That is why it is so important that the Government’s plans today remain focussed on making sure these reforms are enacted swiftly, and that will place powers into the Pension Scheme Bill to enable compliance.

    The ScaleUp ecosystem across the country looks forward to working with the government and industry partners to ensure the ambitions of this review are fully realised and deliver lasting impact. Thereby ensuring that UK businesses with global ambition get access to the local funding needed to scale, build, and stay in the UK.

    Michael Moore, BVCA Chief Executive, said: 

    These reforms are a real win-win for UK scaleups and pension savers. 

    Countries like Canada and Australia show that when pension funds invest in private capital, you help the national economy and deliver better retirement outcomes. The government should be applauded for learning from their example.

    Megafunds will have the scale needed to develop the expertise required to invest in private capital funds, which will support the development of fast growing businesses and generate stronger returns for pensions savers.

    Jamie Jenkins, Director of Policy & Technical, Royal London said: 

    Today’s announcement sets out a long-term, strategic approach for pension provision in the UK, improving value for savers, and providing greater certainty for employers and their advisers.

    The Lord Mayor of London, Alastair King, said:

    As joint architects of the Mansion House Accord, we welcome the Government’s final Pension Investment Review report as a vital next step in delivering on our shared ambition to unlock capital for growth. This landmark agreement will facilitate the injection of over £25 billion into the UK economy, supporting crucial capital for high-growth businesses and infrastructure projects. With greater consolidation, scale, and alignment between pensions and the real economy, we now have the opportunity to secure better outcomes for savers and long-term investment in the future of the UK. To ensure the best investment outcomes, it is essential that pension funds maintain the autonomy to allocate assets optimally, thereby maximising returns for the savers whose interests they safeguard.

    Updates to this page

    Published 29 May 2025

    MIL OSI United Kingdom –

  • ‘Make in India’ was key to Operation Sindoor’s success, says Rajnath Singh at CII summit

    Source: Government of India

    Source: Government of India (4)

    Defence Minister Rajnath Singh on Thursday credited the ‘Make in India’ initiative for the successful execution of Operation Sindoor, highlighting indigenous defence production as a cornerstone of India’s national security strategy.

    Speaking at the inaugural plenary session of the Confederation of Indian Industry (CII) Annual Business Summit, Singh said the Indian Armed Forces would not have been able to carry out effective strikes against terrorist camps in Pakistan and Pakistan-occupied Kashmir (PoK) without the country’s strengthened domestic defence manufacturing capabilities.

    Describing ‘Make in India’ as crucial for security and prosperity, the defence minister said that the use of indigenous systems during Operation Sindoor has proved that India “has the power to penetrate any armour of the enemy.”

    “We destroyed terrorist hideouts and then targeted military bases. While we could have done much more, what we demonstrated was a powerful example of coordinated strength and strategic restraint,” he added.

    Singh also noted that, for the first time, private sector firms would be part of India’s ambitious fifth-generation Advanced Medium Combat Aircraft (AMCA) programme – a project approved by him earlier this week.

    The defence minister emphasized that India has redefined its approach to terrorism, forcing Pakistan to recognize that the business of terrorism is no longer cost-effective – it now carries a heavy price. He reiterated that India’s engagement with Pakistan will now be limited strictly to discussions on terrorism and PoK.

    Reaffirming India’s sovereignty over PoK, Singh said, “We believe that people living in PoK will, sooner or later, voluntarily reunite with India.”

    “Prime Minister Narendra Modi-led government is committed to its resolve of Ek Bharat Shreshtha Bharat. Most of the people in PoK have a deep connection with India. There are only a few who have been misled,” he said.

    Singh noted that the government has prioritized indigenization, strategic autonomy, economic resilience, and policy clarity. He urged Indian businesses to align with national interests. “If securing company interests is your karma, then safeguarding national interests should be your dharma,” he told industry leaders.

    Singh highlighted India’s rise as a global economic force, stating that under PM Modi, the country has become the world’s fourth-largest economy.

    “It is not just a matter of the economy growing in size; it is also about the world’s ever-increasing trust in India and its trust in itself,” he said.

    He pointed to a significant transformation in India’s defence sector over the past decade.

    “10-11 years ago, our defence production was approx. Rs 43,000 crore. Today, it has crossed the record figure of Rs 1,46,000 crore, with a contribution of over Rs 32,000 crore by the private sector. Our defence exports, which were around Rs 600-700 crore 10 years ago, have surpassed a record figure of Rs 24,000 crore today. Our weapons, systems, sub-systems, components, and services are reaching around 100 countries. Over 16,000 MSMEs, associated with the defence sector, have become the backbone of the supply chain. These companies are not only strengthening our self-reliance journey, but are also providing employment to lakhs of people,” he said.

    Singh noted that India is now manufacturing not just fighter jets and missile systems, but also preparing for next-generation warfare. “Our progress in areas like Artificial Intelligence, Cyber Defence, Unmanned Systems, and Space-Based Security is being recognised globally,” he said.

    “India has the potential to emerge as a global hub for engineering, precision manufacturing, and advanced technologies,” he added.

    The event was attended by top defence and industry officials, including Chief of Naval Staff Admiral Dinesh K. Tripathi, Chief of the Air Staff Air Chief Marshal A.P. Singh, Defence Secretary Rajesh Kumar Singh, DRDO Chairman Dr. Samir V. Kamat, Vice Chief of Army Staff Lt Gen N.S. Raja Subramani and CII President Sanjiv Puri.

  • MIL-OSI USA: Governor Ivey Signs “Powering Growth” Plan into Law to Secure Energy Dominance for Future Growth

    Source: US State of Alabama

    MONTGOMERY – Governor Kay Ivey on Wednesday signed into law comprehensive legislation designed to solidify Alabama’s energy dominance, accelerate economic development and address potential critical energy infrastructure supply chain vulnerabilities. The “Powering Growth” plan includes the establishment of the Alabama Energy Infrastructure Bank, a strategic plan to mitigate long lead times for crucial energy equipment and streamlined permitting processes mirroring recent federal initiatives signed by President Trump to support economic development projects.

    The Powering Growth plan’s goal is to create a robust framework for energy dominance and security across Alabama. This initiative aligns with the Alabama Growth Alliance’s strategic priorities, focusing on expanding energy capacity and developing prime sites for industrial and commercial development, turning “shovel ready sites” into “move in ready” sites and addressing supply chain constraints.

    “In order to keep Alabama’s economy growing, we’ve got to make sure that we have the power to support it,” said Governor Ivey. “That’s what Powering Growth is all about — making sure our energy infrastructure is robust enough to meet the demands of new industries, new jobs and a stronger future. This plan ensures we’re prepared to compete, not just with neighboring states, but on a national level. By investing now, we’re laying the groundwork for long-term growth – especially in areas that need it most.”

    Key Components of Powering Growth:

    Cutting Red Tape for Energy and Economic Growth

    • Streamlines permitting and removes unnecessary regulatory delays so energy

    infrastructure projects can move faster and at lower costs.

    • Makes Alabama more attractive to industrial prospects that need speed to market and predictability in the planning process.

    Fixing Supply Chain Bottlenecks

    • Accelerates access to critical materials and equipment for energy infrastructure.
    • Reduces government-caused delays that slow down site readiness and project approvals.

    Developing More Move-In-Ready Industrial Sites

    • Funds energy development at industrial parks and economic development prospects to make more sites power ready.
    • Helps local communities compete for job-creating projects by eliminating a key barrier: lack of immediate power access.

    Creating the Alabama Energy Infrastructure Bank (AEIB)

    • Provides flexible financing for power infrastructure tied to industrial growth and job creation.
    • Funds energy infrastructure expansion to power up sites statewide.
    • Ensures grid reliability and resilience, strengthening Alabama’s long-term energy security.
    • Leverages state funds to unlock private and federal investment, without raising taxes.

    “Alabama has already achieved remarkable success by focusing on what economic development truly demands: available land, strong incentives, robust broadband and excellent roads and bridges,” said Commerce Secretary Ellen McNair. “However, energy availability consistently ranks as the No. 1 factor in site selection for economic development projects, and the demand for energy is growing exponentially nationwide. By investing in our energy infrastructure and addressing supply chain vulnerabilities – across both our urban and rural areas – we are laying the foundation for long-term economic prosperity and ensuring Alabama remains a premier destination for businesses.”

    The Alabama Growth Alliance, a coalition of business and government leaders dedicated to driving economic development, has identified energy infrastructure and supply chain resilience as key priorities. A statewide study commissioned by the Legislature and the Commerce Department identified the establishment of the Energy Infrastructure Bank as well as targeted growth projects that may help the State Industrial Development Authority in directing this funding mechanism.

    “Powering Growth is truly a visionary plan that was developed through a collaborative, forward-thinking approach to identify today our energy needs for tomorrow,” said state Sen. Arthur Orr. “You don’t want to build a levee when the water is already rising. As energy demand is going to continue to accelerate in the future, we are laying the groundwork now through Powering Growth to ensure we are able to compete and win on economic development projects for decades to come.”

    Alabama House Speaker Nathaniel Ledbetter emphasized the importance of this initiative for Alabama’s economic trajectory while stressing sustainability and accountability.

    “Building more energy capacity, overcoming supply chain hurdles and improving the speed of permitting is essential for building a stronger economy,” said Speaker Ledbetter. “This legislation represents a strategic investment in our state’s future, ensuring we have the energy resources necessary to support job creation and economic growth for generations to come while at the same time ensuring sustainable growth that protects our citizens without raising taxes.”

    Alabama Senate Pro Tem Garlan Gudger said that in the development of this package, the Legislature made it a top priority to ensure that this package focuses on helping develop and support rural areas.

    “My key focus throughout the development of these bills has been to make sure that they support and grow opportunity in the rural parts of our state,” said Pro Tem Gudger. “We worked to include language in these bills that ensures a significant portion of this investment goes to rural Alabama, and I can’t wait to see the projects and economic growth that these investments will make for years to come. Energy security and dominance is critical for growth, and this is a big step forward in ensuring that we have both here in Alabama.”

    A photo of today’s bill signing is attached.

    ###

    MIL OSI USA News –

  • MIL-OSI United Kingdom: Over £7.4 million put back in working people’s pockets by employers

    Source: United Kingdom – Government Statements

    Press release

    Over £7.4 million put back in working people’s pockets by employers

    Employers who have left workers over £7.4 million out of pocket by failing to pay the National Living and National Minimum Wage named.

    • More money put into the pockets of hardworking people, as government delivers the biggest upgrade to worker’s rights in a generation, as part of the Plan for Change
    • Workers will be paid over £7.4 million by employers after nearly 60,000 workers have been left out of pocket.
    • Action builds on recent uplift to the National Living and National Minimum Wage which puts £1,400 into the pockets of workers and families across the UK

    Nearly 60,000 workers who have been left out of pocket will be repaid over £7.4 million the Government has announced today [Thursday 29th May] in its latest move to Make Work Pay.

    This follows a significant uplift to the National Living Wage and National Minimum Wage – putting £1,400 into the pockets of full-time workers on NLW and supporting millions of families across the country – as well as the biggest upgrade to workers’ rights in a generation under the Employment Rights Bill.

    As part of the Plan for Change, this Government’s priority is to grow the economy and raise living standards. A strong economy can only be built when people have financial security whilst in work and robust enforcement action will be taken against employers who do not pay their staff correctly.

    The 518 employers and businesses named today have since paid back what they owe to their staff and faced financial penalties of up to 200% of their underpayment. The investigations by His Majesty’s Revenue and Customs (HMRC) concluded between 2015-2022.

    Minister for Employment Rights, Justin Madders said:

    There is no excuse for employers to undercut their workers, and we will continue to name companies who break the law and don’t pay their employees what they are owed.

    Ensuring workers have the support they need and making sure they receive a fair day’s pay for a fair day’s work is a key commitment in our Plan for Change. This will put more money in working people’s pockets, helping to boost productivity and ending low pay.

    Baroness Philippa Stroud, Chair of the Low Pay Commission, said:

    We welcome today’s publication. Underpayment leaves workers out of pocket and disadvantages the majority of employers who do abide by the rules.

    These naming rounds play an important part in ensuring that all workers receive their full wages and that they are aware there is support for them to ensure that they do.

    Putting more money into the pockets of the lowest paid increases workers’ financial security, offers stability to help increase staff retention and lowers recruitment costs for businesses in the long run.  Whilst not all minimum wage underpayments are intentional, the Government is clear that enforcement action will be taken against employers who do not pay their staff correctly.

    Ahead of permanently lowering tax rates for high street retail, hospitality, and leisure (RHL) from 2026/27, we have prevented the current RHL relief from ending this April, extending it for one year to ensure that over 250,000 RHL properties see a full 40 per cent reduction on their liability, and we have frozen the small business multiplier. 

    Notes to Editors:

    • If workers suspect they are being underpaid, they can visit gov.uk/checkyourpay to find out more about what they can do.
    • Workers can also call the Acas helpline on 0300 123 1100 or visit their website for free, impartial and confidential advice or complain to HMRC at Pay and work rights helpline and complaints
    • The minimum wage law applies to all parts of the UK.
    • Employers should always carry out the necessary checks – see the guidance: Calculating the Minimum Wage
    • HMRC consider all complaints from workers, so workers are being reminded to check their pay with advice available through the Check your pay website
    • National Living Wage and National Minimum wage rates:
    2024 rate 2025 rate
    National Living Wage (21 and over) £11.44 £12.21
    18 to 20 £8.60 £10.00
    Under 18 £6.40 £7.55
    Apprentice £6.40 £7.55
    1. Capita Business Services Ltd, City of London, EC2V, failed to pay £1,154,461.97 to 5,543 workers.
    2. Pizzaexpress (Restaurants) Limited, Croydon, CR0, failed to pay £760,701.61 to 8,470 workers.        
    3. Virtual Marketing Services (Gibraltar) Ltd, Birmingham, B3, failed to pay £478,282.71 to 41 workers.        
    4. L. Rowland & Company (Retail) Limited , Runcorn, WA7, failed to pay £307,342.87 to 2,293 workers.        
    5. Templar Corporation Limited, Lewisham, SE16, failed to pay £298,143.12 to 26 workers.        
    6. Lidl Great Britain Limited, Merton, SW19, failed to pay £286,437.18 to 3,423 workers.        
    7. British Airways PLC, Harmondsworth, UB7, failed to pay £231,276.10 to 2,165 workers.        
    8. Scottish Midland Co-operative Society Limited, Newbridge, EH28, failed to pay £186,883.56 to 1,795 workers.        
    9. Interserve (Facilities Management) Ltd, Lambeth, SE1, failed to pay £177,268.08 to 2,297 workers.        
    10. Prezzo Limited, Woodford Green, IG8, failed to pay £163,702.67 to 2,550 workers.        
    11. Halfords Ltd, Redditch, B98, failed to pay £140,829.79 to 4,341 workers.        
    12. The Southern Co-Operative Limited , Portsmouth, PO6, failed to pay £126,739.33 to 2,300 workers.        
    13. TUI UK Retail Limited, Luton, LU2, failed to pay £107,611.04 to 2,044 workers.        
    14. Heart Of England Co-Operative Society Limited, Coventry, CV6, failed to pay £90,870.95 to 1,017 workers.        
    15. CDS (Superstores International) Limited, Plymouth, PL6, failed to pay £89,158.47 to 1,648 workers.        
    16. Day Lewis PLC, Croydon, CR0, failed to pay £82,819.47 to 604 workers.        
    17. Petrogas Group UK Limited, Ampthill, MK45, failed to pay £63,026.69 to 602 workers.        
    18. Mr Guiseppe Caruso , London, W2, failed to pay £59,780.03 to 2 workers.        
    19. William Strike Limited, Carlisle, CA6, failed to pay £56,657.01 to 798 workers.        
    20. Property Management Services (NI) Limited, Belfast, BT3, failed to pay £54,852.44 to 414 workers.        
    21. Coghlan Lodges Limited, Uxbridge, UB8, failed to pay £52,062.45 to 45 workers.        
    22. Ant Marketing Limited, Sheffield, S2, failed to pay £46,260.65 to 340 workers.        
    23. Maclean Services (L) Limited, London, W2, failed to pay £43,583.26 to 781 workers.        
    24. ABM Aviation UK Limited, Hounslow, TW6, failed to pay £40,243.10 to 880 workers.        
    25. Malvern Tyres (Wholesale) Limited, Gloucester, GL1, failed to pay £39,012.15 to 158 workers.        
    26. Halfords Autocentres Limited, Redditch, B98, failed to pay £38,470.94 to 760 workers.        
    27. J M McGill Ltd, Doncaster, DN4, failed to pay £38,178.62 to 364 workers.        
    28. R.T. Stuart Limited, Methil, KY8, failed to pay £37,384.89 to 310 workers.        
    29. Deluxe Beds Ltd, Huddersfield, HD2, failed to pay £27,233.68 to 64 workers.        
    30. Freedom Hotels West Limited, Nr Fort William, PH49, failed to pay £26,814.06 to 37 workers.        
    31. Mytime Active, Orpington, BR6, failed to pay £26,414.51 to 414 workers.        
    32. Parkdean Resorts UK Limited, Newcastle Upon Tyne, NE12, failed to pay £26,360.91 to 291 workers.        
    33. Whitakers Chocolates Limited, Skipton, BD23, failed to pay £26,183.83 to 141 workers.        
    34. Suttons Tankers Limited, Widnes, WA8, failed to pay £25,631.33 to 35 workers.        
    35. Health Care Resourcing Group Limited, Prescot, L34, failed to pay £25,344.45 to 86 workers.        
    36. Veecare Ltd, Loughton, IG10, failed to pay £23,567.49 to 168 workers.        
    37. Meridian Marlow Ltd, Marlow, SL7, failed to pay £22,993.97 to 66 workers.        
    38. Managing Care Limited, Croydon, CR9, failed to pay £21,834.52 to 83 workers.        
    39. Mr Sri Krishna Ratnasinkam and Mrs Saraswathy Ratnasinkam , Ringmer, BN8, failed to pay £20,504.98 to 1 worker.        
    40. M Buckingham & Company Limited        
    , Maulden, MK45, failed to pay £20,361.01 to 3 workers.        
    41. Regency Hotel (Northern Ireland) Limited, Belfast, BT3, failed to pay £19,952.21 to 201 workers.        
    42. Baxters Food Group Limited, Fochabers, IV32, failed to pay £19,765.00 to 62 workers.        
    43. Thrive Childcare and Education Limited, Musselburgh, EH21, failed to pay £19,420.47 to 24 workers.        
    44. Hillgate Investments Limited, Rotherhithe , SE16, failed to pay £19,358.74 to 40 workers.        
    45. Hilton UK Hotels Limited, Watford, WD24, failed to pay £18,924.07 to 20 workers.        
    46. Oscar Mayer Limited, Chard, TA20, failed to pay £18,830.92 to 172 workers.        
    47. BA Cityflyer Limited, West Drayton, UB7, failed to pay £17,988.39 to 102 workers.        
    48. Crystal Property Cleaning Ltd, Twickenham, TW2, failed to pay £17,767.18 to 1 worker.        
    49. Key Care And Support Ltd, Manchester, M34, failed to pay £17,649.66 to 189 workers.        
    50. Sean Elliott, Ballymena, BT42, failed to pay £17,518.00 to 1 worker.        
    51. YTC Limited, Driffield, YO25, failed to pay £17,194.32 to 226 workers.        
    52. Virtual Marketing Services (Gibraltar) Ltd, Gibraltar, GX11, failed to pay £17,155.36 to 1 worker.        
    53. Wargrave Auto Centre Limited , Hounslow, TW5, failed to pay £17,114.70 to 37 workers.        
    54. Lawrence Davis Design Limited, Stoke On Trent, ST1, failed to pay £16,936.97 to 2 workers.        
    55. BJ Bright Day Nurseries Limited, Doncaster, DN5, failed to pay £16,759.85 to 19 workers.        
    56. Thorntons Limited, Alfreton, DE55, failed to pay £16,449.00 to 444 workers.        
    57. 24/7 Security and Events Ltd, Driffield, YO25, failed to pay £15,962.00 to 74 workers.        
    58. Winemark The Winemerchants Limited, Belfast, BT3, failed to pay £15,738.33 to 186 workers.        
    59. Anochrome Limited, Walsall, WS2, failed to pay £15,600.86 to 49 workers.        
    60. Allen Day Associates Limited, Bidwell, LU5, failed to pay £15,525.26 to 387 workers.        
    61. Equitas Solicitors Limited, Preston, PR2, failed to pay £15,412.15 to 72 workers.        
    62. Kingwood Limited, Wokingham, RG40, failed to pay £15,090.99 to 1 worker.        
    63. The Eastbury (Sherbourne) Limited, Sherborne, DT9, failed to pay £14,813.03 to 7 workers.        
    64. Elmoreton Limited, Belfast, BT7, failed to pay £14,782.81 to 391 workers.        
    65. Elliott Baxter & Company Limited , Farnborough, GU12, failed to pay £14,411.44 to 43 workers.        
    66. MA Bureau Limited, Croydon, CR0, failed to pay £13,226.91 to 6 workers.        
    67. Moto Hospitality Limited, Toddington, LU5, failed to pay £13,164.96 to 734 workers.        
    68. Slo Drinks Limited, Stockport, SK3, failed to pay £12,716.05 to 1 worker.        
    69. The Crown Hotel (Colne) Limited, Colne, BB8, failed to pay £12,642.18 to 2 workers.        
    70. EA Coaching Ltd, Birmingham, B34, failed to pay £12,378.25 to 18 workers.        
    71. Hydes’ Brewery Limited, Salford, M50, failed to pay £12,281.18 to 176 workers.        
    72. Elior UK PLC, Macclesfield, SK11, failed to pay £12,198.61 to 496 workers.        
    73. Savoy Tyres Limited, Kingston Upon Hull, HU8, failed to pay £11,921.60 to 6 workers.        
    74. PK Sales & Lettings Ltd, Greenwich, SE18, failed to pay £11,885.46 to 5 workers.        
    75. Quokka Solutions Ltd, Sunderland , SR5, failed to pay £11,605.84 to 15 workers.        
    76. Elix-Irr Consulting Services Limited, London, EC2V, failed to pay £11,101.13 to 21 workers.        
    77. Go To The Venue Limited, Oswestry, SY11, failed to pay £10,974.19 to 21 workers.        
    78. JWDW Limited, Doncaster, DN4, failed to pay £10,699.64 to 21 workers.        
    79. Mr Stuart Benson, Heywood, OL10, failed to pay £10,600.34 to 1 worker.        
    80. Philip Russell Limited, Belfast, BT6, failed to pay £10,507.58 to 111 workers.        
    81. Energy Kidz Ltd, Wokingham , RG41, failed to pay £10,479.36 to 199 workers.        
    82. ABC Pre-School Limited, Culcheth, WA3, failed to pay £10,393.39 to 16 workers.        
    83. YAM 110 Limited, Bradford, BD8, failed to pay £10,021.48 to 22 workers.        
    84. Lord Charles P Courtenay, Kenton, EX6, failed to pay £9,930.78 to 1 worker.        
    85. React Homecare Ltd, Mansfield, NG21, failed to pay £9,907.42 to 127 workers.        
    86. Lutonestateandlettings Ltd, Luton, LU3, failed to pay £9,887.66 to 4 workers.        
    87. Jill Birt, Bolton, BL5, failed to pay £9,819.79 to 3 workers.        
    88. The House That Jack Built (Day Nursery) Limited, Marlow, SL7, failed to pay £9,810.00 to 8 workers.        
    89. IWE Services Limited, Staxton, YO12, failed to pay £9,803.34 to 3 workers.        
    90. At Home – Specialists in Care Ltd, Pocklington, YO42, failed to pay £9,737.27 to 26 workers.        
    91. Mr Albert Cepa, Chesterfield, S40, failed to pay £9,677.33 to 4 workers.        
    92. Top Gas Heating & Plumbing Limited, Bristol, BS15, failed to pay £9,675.90 to 4 workers.        
    93. Brookfield Retail Ltd, Dewsbury, WF12, failed to pay £9,544.19 to 52 workers.        
    94. Clock House Farm Limited, Maidstone, ME17, failed to pay £9,384.53 to 69 workers.        
    95. Panic Deliveries Limited, Oldbury , B69, failed to pay £9,362.96 to 29 workers.        
    96. Steve Kane Painting & Decorating Limited, Doncaster, DN3, failed to pay £9,317.13 to 11 workers.        
    97. Wine Inns Limited, Belfast, BT3, failed to pay £9,295.35 to 103 workers.        
    98. SOS Homecare Ltd, Stretford, M32, failed to pay £9,186.36 to 293 workers.        
    99. Parkway Derby Limited, Derby, DE24, failed to pay £9,083.64 to 11 workers.        
    100. Lashes Nails and Brows Ltd, Thornton Heath, CR7, failed to pay £9,074.84 to 3 workers.        
    101. Mrs Carol Olsen , Bedlington, NE22, failed to pay £8,988.13 to 25 workers.        
    102. Teddy Bear Nursery Limited, Rochdale, OL16, failed to pay £8,982.22 to 32 workers.        
    103. R.H. Wilson (Chemists) Limited, Blackburn, BB1, failed to pay £8,925.53 to 11 workers.        
    104. Mr James Westcott, Newport, PO30, failed to pay £8,587.49 to 33 workers.        
    105. Mr Orhan Esen, Dumfries, DG1, failed to pay £8,513.17 to 5 workers.        
    106. Waterloo and Taunton Conservative Club, Ashton-Under-Lyne, OL7, failed to pay £8,468.51 to 3 workers.        
    107. Aramark Limited, Leeds, LS16, failed to pay £8,407.77 to 154 workers.        
    108. Mr Mario Wood, Stalybridge, SK15, failed to pay £8,040.26 to 3 workers.        
    109. Mr Paul S Clerehugh T/A , Henley-On-Thames, RG9, failed to pay £8,029.07 to 20 workers.        
    110. Waggon & Horses (Matley) Ltd, Stalybridge, SK15, failed to pay £8,016.08 to 57 workers.        
    111. Rice Solutions Limited, Southport, PR8, failed to pay £7,921.26 to 2 workers.        
    112. UK Hairdressers 2019 Limited, Birmingham, B16, failed to pay £7,870.93 to 13 workers.        
    113. LIBERTY MUSIC PR LTD, Brighton, BN1, failed to pay £7,663.84 to 3 workers.        
    114. Turkuaz Limited, Cheadle, SK8, failed to pay £7,655.93 to 3 workers.        
    115. Belgravia Mews Hotel Limited, South Kensington, SW5, failed to pay £7,646.84 to 14 workers.        
    116. Start Afresh Cleaning Limited, Ipswich, IP1, failed to pay £7,630.05 to 15 workers.        
    117. Mr Atul Patel & Mr Bhikhubhai Patel, Northampton, NN5, failed to pay £7,386.13 to 1 worker.        
    118. K J Curson Growers Limited, Wisbech, PE14, failed to pay £7,311.72 to 11 workers.        
    119. Artico Limited, Monmouth, NP25, failed to pay £7,306.40 to 1 worker.        
    120. Tristan HCW Ltd, Bedford, MK41, failed to pay £7,227.75 to 7 workers.        
    121. Mainstage Festivals Limited, Southwark, SE1, failed to pay £7,089.61 to 4 workers.        
    122. Talash Limited, CV32, failed to pay £7,053.17 to 53 workers.        
    123. J D Wetherspoon Plc, Watford , WD24, failed to pay £7,000.00 to 282 workers.        
    124. Aroma Expresso Bar Limited, London, NW4, failed to pay £6,967.02 to 2 workers.        
    125. Lymedale Motors Limited, Newcastle Under Lyme, ST5, failed to pay £6,859.90 to 3 workers.        
    126. Golders Green Hairdressing Limited, Finchley, NW11, failed to pay £6,846.53 to 10 workers.        
    127. Head Office Hair and Beauty (Scotland) Ltd., Glasgow, G61, failed to pay £6,803.01 to 2 workers.        
    128. The Stair Arms Hotel Ltd, Pathhead, EH37, failed to pay £6,787.54 to 1 worker.        
    129. Springfields Supported Services Limited, Barking, IG11, failed to pay £6,693.35 to 19 workers.        
    130. Network Tyre & Auto Limited, Dartford, DA1, failed to pay £6,529.19 to 7 workers.        
    131. Specialist Computer Centres Plc, Birmingham, B11, failed to pay £6,491.66 to 28 workers.        
    132. Treetops Childrens Nursery Ltd, Blackpool, FY2, failed to pay £6,450.52 to 45 workers.        
    133. McDonald & Munro Limited, Elgin, IV30, failed to pay £6,436.10 to 2 workers.        
    134. Suez Recycling and Recovery UK Ltd, Maidenhead, SL6, failed to pay £6,387.96 to 47 workers.        
    135. Woodhall Capital Limited, London, EC4N, failed to pay £6,294.25 to 1 worker.        
    136. Mr Steven Prested, Meadowfield, DH7, failed to pay £6,207.12 to 1 worker.        
    137. Best Social Enterprise Ltd, London, SE1, failed to pay £6,171.64 to 10 workers.        
    138. The Buck House Limited, Wrexham, LL13, failed to pay £6,101.67 to 1 worker.        
    139. Mahmoud Shaduman Ali , Derby , DE23, failed to pay £6,091.90 to 6 workers.        
    140. Get Your Mobi Limited, Lancaster, LA1, failed to pay £6,069.51 to 8 workers.        
    141. Robertson Facilities Management Limited, Elgin, IV30, failed to pay £5,864.37 to 51 workers.        
    142. Orion Group London Limited, Wandsworth, SW18, failed to pay £5,818.69 to 1 worker.        
    143. Dee Kay Knitwear Ltd, Leicester, LE4, failed to pay £5,801.65 to 38 workers.        
    144. Miss J J Smart, Southampton, SO31, failed to pay £5,778.65 to 1 worker.        
    145. Zhanna Horn, Torquay, TQ2, failed to pay £5,749.66 to 2 workers.        
    146. The Fernlea Hotel Limited, Lytham St Annes, FY8, failed to pay £5,698.56 to 4 workers.        
    147. Gogo and Fried Chicken Limited, Coventry, CV1, failed to pay £5,665.58 to 9 workers.        
    148. Chess People Limited, Alderley Edge, SK9, failed to pay £5,629.12 to 1 worker.        
    149. Building Blocks Day Nursery (NI) Ltd, Toome, BT41, failed to pay £5,576.45 to 45 workers.        
    150. Mr Christopher Owston, North Shields, NE29, failed to pay £5,571.27 to 1 worker.        
    151. LJ Care Homes Ltd, Lincoln, LN4, failed to pay £5,568.84 to 56 workers.        
    152. Crossgates Stop N Shop Ltd, Leeds, LS15, failed to pay £5,545.63 to 4 workers.        
    153. BLFL Services Ltd, Burnham on Crouch, CM0, failed to pay £5,496.06 to 3 workers.        
    154. Mr Nigel Ian Fisher, Romsey, SO51, failed to pay £5,442.49 to 1 worker.        
    155. Mr Mathew James Hicks, Whitchurch, RG28, failed to pay £5,439.43 to 3 workers.        
    156. Old Town Car Wash Ltd, Hastings, TN35, failed to pay £5,422.92 to 5 workers.        
    157. London Street Brasserie Limited, Reading, RG1, failed to pay £5,343.77 to 13 workers.        
    158. Coton Care Limited, Wolverhampton, WV4, failed to pay £5,342.58 to 47 workers.        
    159. Epilepsy Society, Chalfont St Peter, SL9, failed to pay £5,293.99 to 1 worker.        
    160. Premier Work Support Limited, Chatham, ME4, failed to pay £5,272.92 to 428 workers.        
    161. Power Leisure Bookmakers Limited, Hammersmith, W6, failed to pay £5,245.57 to 257 workers.        
    162. Star Lite Jobs Limited, Ilford, IG1, failed to pay £5,237.44 to 67 workers.        
    163. Vivienne Westwood Limited, Wandsworth, SW11, failed to pay £5,232.00 to 1 worker.        
    164. A.P.C. Panels Ltd, Barry, CF63, failed to pay £5,220.60 to 7 workers.        
    165. Ghani Systems Ltd, Glasgow, G42, failed to pay £5,209.68 to 15 workers.        
    166. Taylor Dental Laboratory Limited, Leicester, LE5, failed to pay £5,189.75 to 1 worker.        
    167. MEDS2U Limited, Barnsley, S73, failed to pay £5,057.78 to 8 workers.        
    168. Total Cleaning South Limited, Manston, CT12, failed to pay £5,054.94 to 218 workers.        
    169. Decorative Panels Furniture Limited , Elland, HX5, failed to pay £5,045.43 to 62 workers.        
    170. Supercar Italia Ltd, Westerham, TN16, failed to pay £4,997.94 to 1 worker.        
    171. Miss Gemma Tattersall, Horsham, RH13, failed to pay £4,886.88 to 3 workers.        
    172. Mr Muhammed Afzal Jabarkhail , Clydebank, G81, failed to pay £4,873.12 to 1 worker.        
    173. Mr Shamim Ahmed, Braunton, EX33, failed to pay £4,867.46 to 1 worker.        
    174. Canei International Limited, Nottingham, NG10, failed to pay £4,752.20 to 1 worker.        
    175. Kitty Café Leeds Limited, Leeds, LS1, failed to pay £4,745.99 to 10 workers.        
    176. DES Healthcare Limited, Lincoln, LN5, failed to pay £4,634.94 to 36 workers.        
    177. Lakeside Day Nursery Limited , Swansea, SA6, failed to pay £4,631.93 to 3 workers.        
    178. Zayani Limited, West Drayton, UB7, failed to pay £4,593.39 to 2 workers.        
    179. Eaton Electrical Systems Limited, Doncaster, DN2, failed to pay £4,576.09 to 24 workers.        
    180. Mr Fadhil Omar Ibrahim , Ripley, DE5, failed to pay £4,482.40 to 5 workers.        
    181. Central Garage (Chesham) Ltd, Hyde Heath, HP6, failed to pay £4,416.25 to 1 worker.        
    182. Imperial College of Science, Technology and Medicine, Exhibition Road, SW7, failed to pay £4,372.16 to 1 worker.        
    183. Penrhyn Inns Limited, Oldham, OL4, failed to pay £4,324.94 to 33 workers.        
    184. Everest Hotels Limited, Powys, NP8, failed to pay £4,274.77 to 4 workers.        
    185. Coastal Heating Ltd, Sheringham, NR26, failed to pay £4,267.76 to 1 worker.        
    186. UK Solutions Limited, Chelmsford, CM1, failed to pay £4,267.22 to 28 workers.        
    187. NEO Property Solutions Limited, Leeds, LS9, failed to pay £4,263.52 to 16 workers.        
    188. Mountford House Nursery Limited, Nottingham, NG5, failed to pay £4,195.32 to 1 worker.        
    189. Major Cleaning Services Limited, Potters Bar, EN6, failed to pay £4,194.74 to 25 workers.        
    190. Witham Valeting Ltd, Witham , CM8, failed to pay £4,166.48 to 8 workers.        
    191. Parsons Bakery Limited, Bristol, BS3, failed to pay £4,134.64 to 44 workers.        
    192. Mr Amir Rasool, Langholm, DG13, failed to pay £4,083.79 to 1 worker.        
    193. Grosvenor Concierge Limited  (previously GCS Facility Services Limited), Skegness, PE25, failed to pay £4,056.99 to 120 workers.        
    194. Industrial Cleaning Services (UK) Ltd, Camden, WC1N, failed to pay £4,048.91 to 41 workers.        
    195. Spring Cleaning Services Limited, Cheltenham, GL51, failed to pay £3,989.71 to 16 workers.        
    196. Sunlit Ltd, Lewisham, SE6, failed to pay £3,973.49 to 4 workers.        
    197. Blink Productions Limited, Holloway, N7, failed to pay £3,910.06 to 4 workers.        
    198. DSM Joinery Contractors Limited, Dunfermline, KY11, failed to pay £3,905.50 to 2 workers.        
    199. Fashion Fabric Transprinters Limited, Leicester, LE4, failed to pay £3,779.70 to 2 workers.        
    200. Mrs Imogen Katherine Wyvill, Mr Marmaduke D’Arcy William Wyvill and Mr Marmaduke Charles Astey Wyvill, Leyburn, DL8, failed to pay £3,724.37 to 16 workers.        
    201. Mrs Nalani Carr, Haverhill, CB9, failed to pay £3,702.83 to 1 worker.        
    202. Temple Farm Limited, Ramsgate, CT11, failed to pay £3,696.54 to 57 workers.        
    203. Walker Outboard Services Limited, Reading, RG4, failed to pay £3,647.76 to 1 worker.        
    204. Shah Foods Ltd, Newham, E16, failed to pay £3,638.69 to 2 workers.        
    205. City Office (NI) Ltd, Belfast, BT12, failed to pay £3,622.46 to 2 workers.        
    206. Ms Stacey Baker, Doune, FK16, failed to pay £3,582.87 to 1 worker.        
    207. Joarr Hot Food Emporium Limited, Southport, PR9, failed to pay £3,564.00 to 1 worker.        
    208. St John’s Road Garage Limited, Dartford, DA2, failed to pay £3,525.63 to 1 worker.        
    209. Alanya Catering Ltd, Nottingham, NG1, failed to pay £3,489.42 to 7 workers.        
    210. Care Direct Group Limited, Eastbourne, BN21, failed to pay £3,484.98 to 35 workers.        
    211. Baudelaire Limited, Alresford , SO24, failed to pay £3,454.06 to 1 worker.        
    212. House Of Glamour Limited, East Dulwich, SE22, failed to pay £3,433.06 to 1 worker.        
    213. Oshibori Scotland Ltd, Dundee, DD1, failed to pay £3,328.44 to 5 workers.        
    214. Yatab Company Ltd, Rainham, RM13, failed to pay £3,292.77 to 7 workers.        
    215. Cheeky Monkey Day Nurseries Limited, Birmingham, B15, failed to pay £3,272.93 to 22 workers.        
    216. S & W Developments Limited, Doncaster, DN5, failed to pay £3,253.46 to 1 worker.        
    217. The Lady Cleaner Ltd, Eastbourne, BN23, failed to pay £3,233.28 to 26 workers.        
    218. Mi Casa Care Ltd, Mansfield, NG19, failed to pay £3,221.07 to 23 workers.        
    219. SNC-LAVALIN RAIL & TRANSIT LIMITED, Epsom, KT18, failed to pay £3,212.78 to 11 workers.        
    220. Little Flowers Limited, Renfrew, PA4, failed to pay £3,162.05 to 1 worker.        
    221. Little Ducklings Day Nursery (Garstang) Limited, Preston, PR3, failed to pay £3,157.18 to 1 worker.        
    222. Fresh 75 Limited, Newport, PO30, failed to pay £3,132.90 to 1 worker.        
    223. Excel Parking Services Limited, Sheffield, S9, failed to pay £3,124.95 to 14 workers.        
    224. Mr Simon Foster and Mrs Jane Foster, Skipton, BD23, failed to pay £3,124.66 to 1 worker.        
    225. Mr Daniel Jenkinson , Preston, PR1, failed to pay £3,104.72 to 1 worker.        
    226. Spanners & Sparks (EK) Limited, Glasgow, G75, failed to pay £3,093.15 to 5 workers.        
    227. Central Electrical Contracts Limited, Wolverhampton, WV6, failed to pay £3,086.28 to 5 workers.        
    228. Branded Housewares Limited, Wolverhampton, WV2, failed to pay £3,066.72 to 4 workers.        
    229. Valerie Anne Sheen , Honiton, EX14, failed to pay £3,057.10 to 18 workers.        
    230. Rosebridge Private Day Nursery Limited, Wigan, WN1, failed to pay £3,056.94 to 19 workers.        
    231. Elite Motors Bodyshop Limited, Northampton, NN5, failed to pay £3,055.68 to 8 workers.        
    232. Roux Waterside Inn Limited, Bray, SL6, failed to pay £3,022.52 to 19 workers.        
    233. P.B Services (Wales) Limited, Mountain Ash, CF45, failed to pay £3,008.30 to 2 workers.        
    234. Lostock Hall Academy Trust, Preston, PR5, failed to pay £2,993.98 to 2 workers.        
    235. Taylor Shaw Limited, Macclesfield, SK11, failed to pay £2,958.43 to 2 workers.        
    236. Sage Hair Care (Salons) Limited, Cardiff, CF5, failed to pay £2,938.09 to 3 workers.        
    237. Mr Andrew Petrou, Walworth, SE17, failed to pay £2,907.33 to 1 worker.        
    238. Crystal Car Wash and Valeting Ltd, Loughborough, LE11, failed to pay £2,852.00 to 1 worker.        
    239. KEYSIGNS LIMITED, Bellshill, ML4, failed to pay £2,851.78 to 4 workers.        
    240. Centerplate UK Limited, Camden, WC1B, failed to pay £2,829.64 to 167 workers.        
    241. MN Support Services Limited, Queens Park, W10, failed to pay £2,829.17 to 294 workers.        
    242. Kirklees Active Leisure , Huddersfield, HD1, failed to pay £2,821.46 to 18 workers.        
    243. Marsden Healthcare Limited, Nelson, BB9, failed to pay £2,811.05 to 22 workers.        
    244. Mrs Michelle S Chandler, Birmingham, B44, failed to pay £2,806.72 to 2 workers.        
    245. Jamie Stevens (Kensington) Ltd, Kensington, W8, failed to pay £2,779.88 to 2 workers.        
    246. Filco Supermarkets Limited, Llantwit Major, CF61, failed to pay £2,772.41 to 118 workers.        
    247. AFH Ltd, Cardiff, CF24, failed to pay £2,771.99 to 4 workers.        
    248. Ms Philippa Funnell, Dorking, RH5, failed to pay £2,746.65 to 2 workers.        
    249. Kids at Heart (Harrogate) Limited, Knaresborough, HG5, failed to pay £2,746.08 to 3 workers.        
    250. Sparkle Cleaning Co. (London) Limited, Croydon, CR5, failed to pay £2,732.94 to 25 workers.        
    251. Lexington Catering Limited, Camden, EC4N, failed to pay £2,714.52 to 64 workers.        
    252. What A Hoot Day Nursery Limited, Blyth, NE24, failed to pay £2,712.53 to 4 workers.        
    253. Mr Andy B Fitzsimmons, Mr Ford B Fitzsimmons and Mrs Theresa G Fitzsimmons, Kilwinning, KA13, failed to pay £2,694.78 to 15 workers.        
    254. QSO Ltd, Leeds, LS4, failed to pay £2,675.41 to 10 workers.        
    255. Parkers Pets Limited, Southsea, PO5, failed to pay £2,665.49 to 2 workers.        
    256. Kazoku Restaurant Group Ltd, Sevenoaks, TN13, failed to pay £2,665.15 to 1 worker.        
    257. Madames Hair & Beauty Limited, Swindon, SN3, failed to pay £2,656.41 to 1 worker.        
    258. Acerta Group Limited , Warwick, CV34, failed to pay £2,629.00 to 13 workers.        
    259. London Auto Parts Limited, Wembley, HA0, failed to pay £2,622.17 to 2 workers.        
    260. Killan Structural Limited, Oldham, OL3, failed to pay £2,620.45 to 2 workers.        
    261. Sandersons (N.W.) Ltd, Blackpool, FY4, failed to pay £2,603.82 to 3 workers.        
    262. A & K Home Care Services Ltd, Napton, CV47, failed to pay £2,603.14 to 78 workers.        
    263. Chaplins Hotel Limited, Blackpool, FY1, failed to pay £2,586.56 to 2 workers.        
    264. Calmac Developments Limited, Dumfries, DG2, failed to pay £2,583.77 to 17 workers.        
    265. La Reserve Aparthotel (Manchester) Limited, Manchester, M1, failed to pay £2,567.66 to 13 workers.        
    266. Ultimate Stores Limited, London, NW1, failed to pay £2,560.34 to 4 workers.        
    267. Drayton Manor Resort Limited, Tamworth, B78, failed to pay £2,559.58 to 25 workers.        
    268. Community Foundation, Birmingham, B19, failed to pay £2,500.24 to 2 workers.        
    269. D and G Pub Company Limited, Darlington, DL3, failed to pay £2,498.17 to 35 workers.        
    270. Poplars Blossoms Nursery School Limited, Nottingham, NG5, failed to pay £2,494.39 to 1 worker.        
    271. Vonsung Limited, Islington, EC1Y, failed to pay £2,485.20 to 1 worker.        
    272. Cornish Premier Pasties Limited, Newquay, TR9, failed to pay £2,467.45 to 53 workers.        
    273. The Clansmans Rest Ltd, Glasgow, G40, failed to pay £2,417.22 to 3 workers.        
    274. Natural Care 53 Limited, Manchester, M12, failed to pay £2,412.03 to 1 worker.        
    275. TKE Landscaping Ltd, Wendens Ambo, CB11, failed to pay £2,403.16 to 3 workers.        
    276. Mockingbird Lane Ltd, Glasgow, G11, failed to pay £2,387.07 to 1 worker.        
    277. Mr Patrick G Neilan, Glasgow, G43, failed to pay £2,383.29 to 2 workers.        
    278. Brean Leisure Park Ltd, Berrow, Burnham-on-Sea, TA8, failed to pay £2,371.57 to 12 workers.        
    279. Davidsons Plumbing & Heating Limited , Bristol, BS5, failed to pay £2,349.54 to 4 workers.        
    280. Motor Body Centre Limited, Birmingham, B18, failed to pay £2,346.49 to 1 worker.        
    281. S & S Care (UK) Limited, Caergwrle, LL12, failed to pay £2,340.72 to 49 workers.        
    282. Kelton Nursery, Liverpool, L18, failed to pay £2,334.79 to 10 workers.        
    283. Asset India Limited, Harrow, HA1, failed to pay £2,334.54 to 2 workers.        
    284. Safegas UK Ltd, Swinton, M27, failed to pay £2,277.54 to 1 worker.        
    285. Mert GB 2 Limited, East Ham, E6, failed to pay £2,261.38 to 1 worker.        
    286. Hallwell Projects Ltd, Plymouth, PL1, failed to pay £2,211.32 to 3 workers.        
    287. Mr Andrew Roy Milward, Pembroke Dock, SA72, failed to pay £2,205.31 to 1 worker.        
    288. R & R Retail UK Limited, Luton, LU4, failed to pay £2,201.05 to 16 workers.        
    289. Salon IPS Ltd, Ipswich, IP4, failed to pay £2,189.12 to 1 worker.        
    290. Mr Narinder Kumar Nar, Birmingham, B18, failed to pay £2,173.86 to 2 workers.        
    291. Old Mill Holiday Park Limited, St Helens, PO33, failed to pay £2,172.06 to 1 worker.        
    292. Ms Caroline Wright, Birmingham, B43, failed to pay £2,170.63 to 1 worker.        
    293. Dolphin Care (IOW) Limited, Wroxall Ventnor, PO38, failed to pay £2,155.09 to 6 workers.        
    294. Whistledown Inn Limited, Newry, BT34, failed to pay £2,154.29 to 46 workers.        
    295. Renegade Hair Studio Limited, Leeds, LS2, failed to pay £2,148.74 to 1 worker.        
    296. Lethendy Cheltenham Limited, Cheltenham, GL53, failed to pay £2,144.90 to 44 workers.        
    297. Heminstone Estates Limited, Colchester, CO2, failed to pay £2,137.35 to 10 workers.        
    298. S Leicester Ltd, Leicester, LE5, failed to pay £2,127.17 to 38 workers.        
    299. GB Vape Limited, Heckmondwike, WF16, failed to pay £2,119.82 to 7 workers.        
    300. P McCarthy Limited, Brandon, IP27, failed to pay £2,108.75 to 9 workers.        
    301. K. Foley Limited, Great Blakenham, NR2, failed to pay £2,104.81 to 94 workers.        
    302. AGL Attractions Limited , Burnham-On-Sea, TA8, failed to pay £2,090.06 to 24 workers.        
    303. Techlogico Limited, Knottingley, WF11, failed to pay £2,056.43 to 6 workers.        
    304. Mr Iain Stewart Matheson, Paisley, PA1, failed to pay £2,036.50 to 6 workers.        
    305. GLASGOW WATERLOO LIMITED, Glasgow, G2, failed to pay £2,020.36 to 41 workers.        
    306. R J Ferguson Company Limited, Stewartstown, BT71, failed to pay £2,014.04 to 3 workers.        
    307. Ms Susan Meheux, Southampton, SO31, failed to pay £2,008.66 to 12 workers.        
    308. Mr David Odudu, Sheffield, S9, failed to pay £1,992.53 to 1 worker.        
    309. Mr Hazar Ibrahim Hamid, Doncaster, DN5, failed to pay £1,961.64 to 5 workers.        
    310. M&C Jones Building Contractors Limited, Rhyl, LL18, failed to pay £1,954.46 to 2 workers.        
    311. Hi-Spec Facilities Services Ltd, Dartford, DA2, failed to pay £1,938.75 to 96 workers.        
    312. Calibre Building & Decorating Services Limited, Lichfield, WS13, failed to pay £1,937.89 to 1 worker.        
    313. CPM Electrical Ltd, Omagh, BT79, failed to pay £1,937.71 to 4 workers.        
    314. Ashbrook Roofing & Supplies Limited, Nr Matlock, DE4, failed to pay £1,912.65 to 5 workers.        
    315. Mr Thomas Hutchison, Prestonpans, EH32, failed to pay £1,901.44 to 1 worker.        
    316. Mr Khalid Javid, Chester, CH2, failed to pay £1,891.42 to 1 worker.        
    317. South Golden Mountain Limited, Eastbourne, BN21, failed to pay £1,888.52 to 1 worker.        
    318. Oldbury Grange Nursing Home Ltd, Nuneaton, CV10, failed to pay £1,878.02 to 65 workers.        
    319. OC Electric Limited, Benton, NE12, failed to pay £1,869.32 to 1 worker.        
    320. Seagrave Decorations Limited, Kettering, NN16, failed to pay £1,847.76 to 4 workers.        
    321. Little Angels Fun Club and Nursery Limited, Bedlington, NE22, failed to pay £1,832.96 to 92 workers.        
    322. GAPJ Ivinghoe Ltd, Leighton Buzzard, LU7, failed to pay £1,828.25 to 5 workers.        
    323. Vapour C Co Ltd, Gillingham, ME7, failed to pay £1,822.57 to 2 workers.        
    324. Wide Range Services Limited, Hull, HU12, failed to pay £1,816.72 to 1 worker.        
    325. Hughes (Family Bakers) Holdings Limited, Bradford, BD18, failed to pay £1,811.57 to 26 workers.        
    326. A W Pettitt Limited, Windermere, LA23, failed to pay £1,810.90 to 5 workers.        
    327. Smartway Holding Limited, Holloway, N7, failed to pay £1,800.00 to 1 worker.        
    328. Beaux Health and Wellbeing Ltd, Taunton, TA1, failed to pay £1,791.96 to 1 worker.        
    329. Saggiomo Luxury Foods Limited, Croydon, CR0, failed to pay £1,787.60 to 1 worker.        
    330. John Clark (Holdings) Limited , Aberdeen, AB12, failed to pay £1,785.63 to 5 workers.        
    331. Swiftclean (UK) Limited, Southend-on-Sea, SS2, failed to pay £1,761.48 to 5 workers.        
    332. Reachout Healthcare Limited, Stockport, SK5, failed to pay £1,757.42 to 31 workers.        
    333. Mr Ian T Henderson, Accrington, BB5, failed to pay £1,740.90 to 2 workers.        
    334. Clarke Group Construction Limited, Wyberton, PE21, failed to pay £1,736.49 to 1 worker.        
    335. MRB Cleaning Limited, Swansea, SA1, failed to pay £1,733.88 to 1 worker.        
    336. Mr John Fulton Allen & Mr John Gary King,  Strabane, BT82, failed to pay £1,725.59 to 1 worker.        
    337. Belmont Hotel (Leicester) Limited, Leicester, LE1, failed to pay £1,710.28 to 36 workers.        
    338. Mini Me Private Day Nursery Limited, Newport, NP19, failed to pay £1,708.33 to 15 workers.        
    339. Glow Trade Ltd, Leicester, LE5, failed to pay £1,706.46 to 20 workers.        
    340. Mr Jason Hearn, Taunton, TA1, failed to pay £1,706.12 to 2 workers.        
    341. Country Park Leisure Limited, Hessle, HU13, failed to pay £1,705.13 to 13 workers.        
    342. C & C Precision Engineering Services Limited, Rowley Regis, B65, failed to pay £1,704.30 to 1 worker.        
    343. Karen Jeffrey , Wishaw, ML2, failed to pay £1,683.58 to 4 workers.        
    344. DNA Cleaning Solutions Limited, Twickenham, TW2, failed to pay £1,670.29 to 25 workers.        
    345. Assured Care (Stockport) Ltd., Stockport, SK1, failed to pay £1,666.57 to 79 workers.        
    346. Graylaw International Freight Group Ltd, Skelmersdale, WN8, failed to pay £1,663.46 to 7 workers.        
    347. SPI Trading Limited, Lisburn , BT28, failed to pay £1,656.74 to 3 workers.        
    348. Executive Hire Ltd., Glasgow, G74, failed to pay £1,650.54 to 3 workers.        
    349. Accelerate Cleaning Solutions Ltd, Ipswich, IP7, failed to pay £1,650.38 to 106 workers.        
    350. LGH Plumbing & Heating Services Limited, Leigh, WN7, failed to pay £1,624.77 to 1 worker.        
    351. Samuel Eales Silverware Limited, Sheffield, S3, failed to pay £1,619.79 to 1 worker.        
    352. High Grove Beds Limited, Liversedge, WF15, failed to pay £1,610.43 to 8 workers.        
    353. Shakes n Cakes Aberdeen Ltd, Aberdeen, AB24, failed to pay £1,597.98 to 1 worker.        
    354. Bespoke Cuisine Ltd, Bethnal Green, EC1V, failed to pay £1,587.04 to 1 worker.        
    355. Mascallkelly Limited, Cleveland, TS12, failed to pay £1,576.59 to 19 workers.        
    356. Sher Gill Enterprises Limited, Dunoon, PA23, failed to pay £1,557.58 to 1 worker.        
    357. Ms Hiromi Sato, London, SW4, failed to pay £1,551.71 to 2 workers.        
    358. R.Loughlin Electrical Services Ltd, Castlederg, BT81, failed to pay £1,542.58 to 3 workers.        
    359. Papermoon Nurseries (Boultham Park) Limited, Lincoln, LN6, failed to pay £1,535.25 to 11 workers.        
    360. SB Rom Food Center Ltd, Hounslow, TW3, failed to pay £1,533.80 to 9 workers.        
    361. Mr Robert Pontefract, Stamford, PE9, failed to pay £1,531.55 to 1 worker.        
    362. Grant Leisure Group Limited, Blackpool, FY3, failed to pay £1,495.62 to 15 workers.        
    363. Everbright Lodge Ltd, Llangollen, LL20, failed to pay £1,475.07 to 25 workers.        
    364. Biscuit Clothing Ltd, Edinburgh, EH10, failed to pay £1,469.89 to 1 worker.        
    365. Brockencote Hall Hotel Limited, Leamington Spa, CV33, failed to pay £1,468.25 to 19 workers.        
    366. Mr Francis Joseph McParland and Mr Peter Liam McParland , Armagh, BT61, failed to pay £1,466.04 to 4 workers.        
    367. Colemans Garden Centre Ltd, Templepatrick, BT39, failed to pay £1,450.11 to 35 workers.        
    368. Southcoast Homecare Ltd, Chichester, PO19, failed to pay £1,438.93 to 9 workers.        
    369. Booth & Stirland Limited, Ripley, DE5, failed to pay £1,434.97 to 3 workers.        
    370. Grieve Decor Limited, Berwick Upon Tweed, TD15, failed to pay £1,415.11 to 2 workers.        
    371. Barry Tyre Centre Limited, Barry, CF63, failed to pay £1,408.88 to 1 worker.        
    372. Piddle Brewery Limited, Dorchester, DT2, failed to pay £1,407.79 to 1 worker.        
    373. Forseti Law Ltd, Bolton, BL1, failed to pay £1,403.87 to 1 worker.        
    374. Wash Me Clean Ltd, Bracknell, RG12, failed to pay £1,400.27 to 1 worker.        
    375. Colonnade (Operator) Limited, Little Venice, W9, failed to pay £1,385.11 to 1 worker.        
    376. Mario Gianni Limited, Stockport, SK7, failed to pay £1,378.94 to 3 workers.        
    377. Moyo’s Brothers Limited, Brighton, BN1, failed to pay £1,373.14 to 2 workers.        
    378. Atticus Cleaning Services Limited, Altrincham, WA14, failed to pay £1,364.89 to 1 worker.        
    379. Mrs Jane Boome and Miss Verity Jane Boome, Peterborough, PE7, failed to pay £1,360.84 to 13 workers.        
    380. Get Grip Auto Ltd, Cheltenham, GL53, failed to pay £1,348.25 to 2 workers.        
    381. Downs Holdings Limited, Yarm, TS15, failed to pay £1,339.48 to 8 workers.        
    382. Direct Cleaning Services (Oxford) Limited, Weston-Super-Mare, BS22, failed to pay £1,323.74 to 1 worker.        
    383. Viv Designs Ltd, Gravesend, DA12, failed to pay £1,317.95 to 1 worker.        
    384. Sycamore Farm Park Limited, Skegness, PE24, failed to pay £1,311.54 to 2 workers.        
    385. SMK Building & Joinery Contractors Ltd, Todmorden, OL14, failed to pay £1,297.16 to 1 worker.        
    386. Richard Tate Limited, Leeds, LS10, failed to pay £1,294.02 to 1 worker.        
    387. JDP Hotels Ltd, Wakefield, WF2, failed to pay £1,289.98 to 34 workers.        
    388. Miss Abby Fox, Widnes, WA8, failed to pay £1,270.35 to 10 workers.        
    389. Polish Village Bakery Ltd, Manchester , M17, failed to pay £1,267.37 to 43 workers.        
    390. ENERGY DUNDEE 4 U LTD , Dundee, DD4, failed to pay £1,263.65 to 15 workers.        
    391. Synvestment Ltd, High Wycombe, HP12, failed to pay £1,262.39 to 2 workers.        
    392. Peony Culture Communication Limited, Newcastle Upon Tyne, NE1, failed to pay £1,247.02 to 1 worker.        
    393. Easy Clean Contractors Limited, Peterborough, PE7, failed to pay £1,246.92 to 125 workers.        
    394. R Binks Construction Limited, Bolton, BL2, failed to pay £1,244.33 to 3 workers.        
    395. Mrs Julie Shaw, Knaresborough, HG5, failed to pay £1,231.68 to 20 workers.        
    396. Mrs Karaimjit Gill, Barry, CF63, failed to pay £1,230.73 to 1 worker.        
    397. Mcaleer & McGarrity Ltd, Cookstown, BT80, failed to pay £1,207.77 to 2 workers.        
    398. M.P.M Consumer Products Limited, Manchester, M11, failed to pay £1,205.73 to 32 workers.        
    399. K.L.N. Limited , Brent, NW6, failed to pay £1,203.83 to 2 workers.        
    400. GMD SERVICES LIMITED, Kingston Upon Hull, HU3, failed to pay £1,193.24 to 2 workers.        
    401. C.V.East Ltd, Colchester , CO1, failed to pay £1,185.68 to 7 workers.        
    402. Mr Jonathan Hope and Mr Charlie Hope, Slough, SL3, failed to pay £1,183.12 to 3 workers.        
    403. Belshaw Bookkeeping Services Limited, Bacup, OL13, failed to pay £1,179.76 to 1 worker.        
    404. D Allen Transport Limited, St Helens, WA9, failed to pay £1,178.73 to 4 workers.        
    405. Mrs S & Mr G Clough, Bradford, BD12, failed to pay £1,162.79 to 1 worker.        
    406. Golden Cue Snooker Club Limited, Bilston, WV14, failed to pay £1,147.43 to 1 worker.        
    407. South Wales Building and Construction Limited, Newport, NP11, failed to pay £1,135.47 to 2 workers.        
    408. Form Communal Maintenance Limited, Hartford, CW8, failed to pay £1,131.97 to 1 worker.        
    409. SMS Bars Limited, Stockport, SK1, failed to pay £1,115.11 to 2 workers.        
    410. Grace Construction and Management Ltd, Derby, DE1, failed to pay £1,113.49 to 1 worker.        
    411. Alveston House Hotel Limited, Thornbury, BS35, failed to pay £1,109.12 to 1 worker.        
    412. Mrs Pearl Moore, Blackpool, FY4, failed to pay £1,094.75 to 3 workers.        
    413. Think Wraps Ltd, Poole, BH12, failed to pay £1,053.08 to 1 worker.        
    414. Telebizz Ltd, Plymouth, PL7, failed to pay £1,048.56 to 72 workers.        
    415. Hill Top Day Nursery Limited, Swadlincote, DE12, failed to pay £1,041.04 to 2 workers.        
    416. W. Corbett & Co. (Galvanizing) Limited, Telford, TF7, failed to pay £1,039.53 to 36 workers.        
    417. Autocare (Benfleet) Limited, Stanford-Le-Hope, SS17, failed to pay £1,032.23 to 2 workers.        
    418. Pork Farms Limited, Nottingham, NG2, failed to pay £1,029.77 to 9 workers.        
    419. Galdin Limited, Hackney, N1, failed to pay £1,024.50 to 5 workers.        
    420. Trinity Park Nursery Ltd, Craigavon, BT67, failed to pay £1,020.97 to 17 workers.        
    421. Mr Thanabalasingam Ketheeswarathas and Mrs Sivasuki Ketheeswarathas, Ipswich, IP2, failed to pay £1,006.83 to 2 workers.        
    422. G P H Carpentry Limited, Newquay, TR8, failed to pay £1,003.04 to 2 workers.        
    423. Euro Car Wash (South East) Limited, Greenwich, SE7, failed to pay £992.56 to 3 workers.        
    424. Mrs Melanie Elizabet Brown, Kirkcaldy, KY1, failed to pay £986.58 to 1 worker.        
    425. A O Hand Car Wash & Valeting Ltd, Peckham, SE15, failed to pay £982.62 to 3 workers.        
    426. Dash-Cae Limited, Oxford, OX14, failed to pay £976.19 to 1 worker.        
    427. Janette Allen Limited, Braintree, CM77, failed to pay £976.18 to 1 worker.        
    428. Ms Sarah Balfour, York, YO10, failed to pay £967.87 to 1 worker.        
    429. Allied Industrial Products Limited, Salford, M5, failed to pay £955.78 to 1 worker.        
    430. Cummins Ltd, Darlington, DL1, failed to pay £954.04 to 11 workers.        
    431. Ramsbottom Cricket Club, Bury, BL0, failed to pay £931.67 to 2 workers.        
    432. Soughton Shoot Limited, Northop, Mold,, CH7, failed to pay £927.24 to 1 worker.        
    433. Mrs Penni Durdy, Doncaster, DN9, failed to pay £924.04 to 1 worker.        
    434. Friends Care Agency Limited, Sandy, SG19, failed to pay £923.84 to 20 workers.        
    435. French Connection UK Limited, Camden, NW1, failed to pay £917.95 to 57 workers.        
    436. Precision Workwear Limited, Stamford, PE9, failed to pay £916.35 to 1 worker.        
    437. Joinex Joinery Express Limited, Brentford, TW8, failed to pay £882.61 to 12 workers.        
    438. Yorkcloud Limited, Ulverston, LA12, failed to pay £872.20 to 2 workers.        
    439. KR Scotland Ltd, Edinburgh, EH3, failed to pay £849.21 to 3 workers.        
    440. The KLE (Berwick) Group Ltd, Berwick Upon Tweed, TD15, failed to pay £838.48 to 2 workers.        
    441. Zig Zag Day Nursery Limited, Peterborough, PE1, failed to pay £827.98 to 21 workers.        
    442. Birdies Day Nursery Limited, Lisburn, BT28, failed to pay £821.32 to 8 workers.        
    443. Sooty Olive Ltd, Waterside, BT47, failed to pay £819.24 to 33 workers.        
    444. Bright Bees Nursery Ltd, Leicester, LE4, failed to pay £817.06 to 1 worker.        
    445. What The Fish Limited, Richmond upon Thames, SW14, failed to pay £801.08 to 1 worker.        
    446. SFC (Edmonton) Limited, Enfield, N9, failed to pay £798.22 to 2 workers.        
    447. Fairytales Day Nursery Limited, Dudley, DY2, failed to pay £793.38 to 7 workers.        
    448. R.G.R. Garages (Cranfield) Limited, Bedford, MK43, failed to pay £791.65 to 1 worker.        
    449. Mad Goose Catering Limited, Ellington, PE28, failed to pay £788.54 to 3 workers.        
    450. Mr Grzegorz Biezunski, Trowbridge, BA14, failed to pay £787.80 to 1 worker.        
    451. Futurerate Limited, Loughborough, LE12, failed to pay £787.20 to 1 worker.        
    452. Kids Korner Day Nurseries Ltd, Belfast, BT6, failed to pay £779.81 to 23 workers.        
    453. Inter County Cleaning Services Limited, Rushden, NN10, failed to pay £754.38 to 106 workers.        
    454. Spring Clean Commercial Ltd, Norwich, NR16, failed to pay £753.17 to 107 workers.        
    455. Clean Living Services Limited, Lambeth, SW8, failed to pay £749.48 to 16 workers.        
    456. Le Petit Francais Ltd, Edinburgh, EH6, failed to pay £744.52 to 10 workers.        
    457. Playworks Childcare Limited, Caerphilly, CF83, failed to pay £743.64 to 5 workers.        
    458. Wickhambrook Stores Limited, Newmarket, CB8, failed to pay £729.88 to 1 worker.        
    459. Rothco Independent Mortgages Ltd, Alnwick, NE66, failed to pay £729.83 to 1 worker.        
    460. James David Segal, Hull, HU1, failed to pay £729.22 to 6 workers.        
    461. Daniel Thwaites Public Limited Company, Blackburn, BB2, failed to pay £724.73 to 23 workers.        
    462. HRUK Group of Companies Ltd, Leeds, LS8, failed to pay £719.11 to 1 worker.        
    463. Historic Hotels & Properties Ltd, Scarborough, YO11, failed to pay £707.11 to 5 workers.        
    464. Penge Car Care ltd, Croydon, SE25, failed to pay £682.48 to 2 workers.        
    465. Craig Gordon Building Services Ltd, Edinburgh, EH11, failed to pay £680.17 to 1 worker.        
    466. Mountview Hotels Ltd, Callander, FK17, failed to pay £672.60 to 1 worker.        
    467. Paragon Quality Foods Ltd, Doncaster, DN3, failed to pay £670.56 to 21 workers.        
    468. Core Electrical Solutions Ltd, Beckenham, BR3, failed to pay £658.78 to 2 workers.        
    469. Snacks Van Ltd, Watford, WD25, failed to pay £658.20 to 1 worker.        
    470. MacDonald Hotels (Management) Limited, Bathgate, EH48, failed to pay £648.78 to 1 worker.        
    471. Kelly Teggin Hairdressing Ltd, Knaresborough, HG5, failed to pay £647.19 to 1 worker.        
    472. Safe Gas (N.I.) Limited, Newtonabbey, BT36, failed to pay £639.10 to 1 worker.        
    473. Harrison Wade Ltd, Manchester, M1, failed to pay £636.04 to 2 workers.        
    474. Spectrum Energy Guard Ltd, Bournemouth, BH1, failed to pay £621.72 to 1 worker.        
    475. Gastronomy Foods UK Limited, Shrewsbury, SY1, failed to pay £618.76 to 51 workers.        
    476. Jobseekrs Limited, Manchester, M15, failed to pay £613.88 to 1 worker.        
    477. Stepping-Stones-Services Limited, Rochdale, OL11, failed to pay £611.13 to 19 workers.        
    478. Tramp Hair Boutique Limited, Stockport, SK1, failed to pay £610.40 to 1 worker.        
    479. Emporio Fashion Ltd, Leicester, LE5, failed to pay £608.85 to 18 workers.        
    480. Halton Concrete Ltd, Widnes, WA8, failed to pay £607.43 to 2 workers.        
    481. Kanto Stranmillis Limited, Belfast, BT9, failed to pay £590.15 to 1 worker.        
    482. Complete Payroll and Accountancy Limited, Altrincham, M33, failed to pay £584.24 to 1 worker.        
    483. Flawless Cleaning Ltd, Smethwick, B66, failed to pay £582.02 to 1 worker.        
    484. Al Halal Supermarket Limited , Bradford, BD7, failed to pay £581.64 to 7 workers.        
    485. Max & Molly Limited, Wigan, WN3, failed to pay £579.96 to 1 worker.        
    486. Happy Children Day Nursery Limited, Ballynahinch, BT24, failed to pay £573.74 to 12 workers.        
    487. Jagard Valeting & Cleaning Services Ltd, Wellingborough, NN8, failed to pay £573.47 to 2 workers.        
    488. 247 Convenience Store (Bury) Ltd, Bury, BL8, failed to pay £571.63 to 1 worker.        
    489. The Race Horses Hotel Limited, Skipton, BD23, failed to pay £566.05 to 2 workers.        
    490. Strategic Facilities Management Ltd, Leeds, LS17, failed to pay £561.18 to 3 workers.        
    491. Mr C Saudin & Mrs P Saudin, Canterbury, CT1, failed to pay £560.48 to 2 workers.        
    492. Golden Car Limited , Perivale, UB6, failed to pay £551.80 to 1 worker.        
    493. Your Friendly Local Limited, Rotherham, S60, failed to pay £549.95 to 6 workers.        
    494. Steven Boom, East Hunsbury, NN4, failed to pay £547.20 to 2 workers.        
    495. M A Fashions Ltd, Leicester, LE5, failed to pay £545.60 to 17 workers.        
    496. Comserv Contracting & Commercial Limited, Stoke-on-Trent, ST3, failed to pay £544.19 to 1 worker.        
    497. Bonner Studs Limited, Walsall, WS2, failed to pay £537.45 to 1 worker.        
    498. M & C Retail Limited, Darlington, DL1, failed to pay £537.36 to 4 workers.        
    499. Legacy Resorts Limited, Newton Stewart, DG8, failed to pay £536.69 to 1 worker.        
    500. E.K.S Living Clean Ltd, Norwich, NR6, failed to pay £533.58 to 5 workers.        
    501. SC HCW Ltd, Belfast, BT5, failed to pay £533.54 to 7 workers.        
    502. David Alexander Forbes, Inverurie, AB51, failed to pay £531.64 to 2 workers.        
    503. Arunagiri UK LTD, Rickmansworth, WD3, failed to pay £530.92 to 2 workers.        
    504. Millfield Haulage Limited, York, YO26, failed to pay £530.91 to 2 workers.        
    505. Ardmore (Co. Derry) Pre-Cast Concrete Limited, Ardmore, BT47, failed to pay £525.69 to 1 worker.        
    506. W1 Soho Ltd., Soho, W1D, failed to pay £523.20 to 1 worker.        
    507. Shree Siddhi Limited, Glasgow, G66, failed to pay £515.76 to 7 workers.        
    508. 41 Cars Hull Ltd, Hull, HU9, failed to pay £515.72 to 2 workers.        
    509. Felix Inns Ltd, Solihull, B92, failed to pay £514.09 to 20 workers.        
    510. Eastchurch Holiday Centre Limited, Eastchurch, ME12, failed to pay £511.70 to 1 worker.        
    511. Surf N Turf Limited, Leicester, LE2, failed to pay £511.63 to 2 workers.        
    512. Red House Garage Limited, St Helens, WA11, failed to pay £511.43 to 1 worker.        
    513. Classic Decorators (UK) Limited, Barry, CF63, failed to pay £511.43 to 1 worker.        
    514. John Codona’s Pleasure Fairs Limited, Aberdeen, AB24, failed to pay £505.82 to 3 workers.        
    515. Timberquay Limited, Derry, BT48, failed to pay £503.98 to 14 workers.        
    516. Ace Support FM Ltd, Barnet, N14, failed to pay £501.60 to 1 worker.        
    517. Sleepwell (Cumbria) Limited, Barrow In Furness, LA14, failed to pay £500.95 to 1 worker.        
    518. Blank Brixton Ltd, Brixton, SW2, failed to pay £287.31 to 1 worker.        

    Updates to this page

    Published 29 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI Asia-Pac: President Lai meets US delegation led by Senator Tammy Duckworth

    Source: Republic of China Taiwan

    President Lai meets delegation led by US House Natural Resources Committee Chair Bruce Westerman”>Details
    2025-05-27
    President Lai meets delegation led by US House Natural Resources Committee Chair Bruce Westerman
    On the afternoon of May 27, President Lai Ching-te met with a delegation led by Chair of the Natural Resources Committee of the United States House of Representatives Bruce Westerman. In remarks, President Lai stated that Taiwan and the US enjoy close industrial exchanges and continue to explore new opportunities for investment and collaboration. The president said that Taiwan will continue to increase purchases from and together build non-red supply chains with the US, expressing hope that economic and trade relations grow even closer and that both work together to jointly safeguard peace and stability throughout the region. A translation of President Lai’s remarks follows: I am delighted to meet and exchange views with members of the US House Committee on Natural Resources today. Chair Westerman, the leader of this delegation, is an old friend of Taiwan. On behalf of the people of Taiwan, I extend a very warm welcome to the delegation. I also want to thank you all for your long-term close attention to Taiwan-related affairs and your strong support for Taiwan. Taiwan and the US enjoy close ties and share ideals and values. There is an excellent foundation for cooperation between us, particularly in such areas as energy, the economy and trade, agriculture and fisheries, environmental protection, and sustainable development. In recent years, Taiwan-US ties have grown closer and closer. The US has become Taiwan’s largest destination for overseas investment, accounting for over 40 percent of Taiwan’s outbound investment. Taiwan is also the seventh largest trading partner of the US and its seventh largest export market for agricultural products. The SelectUSA Investment Summit held in Washington, DC earlier this month was the largest in its history. Taiwan’s delegation, representing 138 enterprises, was once again the biggest delegation attending the event. This shows that Taiwan and the US enjoy close industrial exchanges and continue to explore new opportunities for investment and collaboration. Looking ahead, with the global landscape changing rapidly, Taiwan will continue to increase purchases from the US, including energy resources such as natural gas and petroleum, as well as agricultural products, industrial products, and even military procurement. This will not only help balance our bilateral trade, but also strengthen development for Taiwan in energy autonomy, resilience, the economy, and trade. Taiwan and the US are also well-matched in such areas as high tech and manufacturing. As the US pursues reindustrialization and aims to become a global hub for AI, Taiwan is willing to take part and play an even more important role. We will strengthen Taiwan-US industrial cooperation and together build non-red supply chains. In addition to bringing our economic and trade relations even closer, this will also allow Taiwanese industries to remain rooted in Taiwan while expanding their global presence, helping bolster the US, and marketing worldwide. As for military exchanges, we are grateful to the US government for continuing its military sales to Taiwan and backing our efforts to upgrade our self-defense capabilities. Taiwan will continue to work with the US to jointly safeguard peace and stability throughout the region. In closing, I thank our guests once again for making the long journey here, not only offering warm friendship, but also demonstrating the staunch bipartisan support for Taiwan in the US Congress. Chair Westerman then delivered remarks, saying that it is an honor for him and his colleagues to be in Taiwan to talk about the strong relationship between the US and Taiwan and how that relationship can continue to grow in the future. The chair pointed out that natural resources are foundational to any kind of economic development, whether it is energy, which is key to manufacturing, or whether it is mining, which provides rare earth elements and all the minerals and metals needed for manufacturing. He said that as for natural resources including fish, wildlife, or timber, all are foundational to any society, but this is especially so for agriculture, noting that the US produces a lot of food and fodder and is always looking for more friends to share that with. Chair Westerman indicated that they are excited about opportunities to work with Taiwan, adding that Taiwan’s investments in the US have been greatly appreciated. He said they also are excited about the talks with the Trump administration and the future going forward on how we can have a stronger trade relationship, a stronger bilateral relationship, and how we can work with each other to help both economies grow and prosper. Chair Westerman concluded his remarks by expressing thanks for the opportunity to visit, saying that they treasure Taiwan’s friendship and our long-term relationship, and are very excited to be able to discuss in more detail how our two countries can work together. The delegation also included US House Natural Resources Committee Representatives Sarah Elfreth, Harriet Hageman, Celeste Maloy, and Nick Begich. The delegation was accompanied to the Presidential Office by American Institute in Taiwan Taipei Office Director Raymond Greene.  

    Details
    2025-05-27
    President Lai meets and hosts luncheon for delegation led by Governor Lourdes A. Leon Guerrero of Guam
    On the morning of May 27, President Lai Ching-te met with a delegation led by Governor Lourdes A. Leon Guerrero of Guam and her husband, and hosted a luncheon for the delegation at noon. In remarks, President Lai noted that this is the governor’s first trip to Taiwan, fully demonstrating the Guam government’s support and high regard for Taiwan. The president said that Guam, being the closest United States territory to Taiwan, is an important bridge for collaboration between Taiwan and the US. He stated that aside from promoting tourism, we can also explore even more opportunities for collaboration in other areas to further advance industrial development for both sides. He said that, as we begin a new chapter, we look forward to working together to generate even more momentum in bilateral cooperation and exchanges. A translation of President Lai’s remarks follows: On behalf of the people of Taiwan, I extend a warm welcome to Governor Leon Guerrero and her delegation. Last year, I transited through Guam en route for visits to Taiwan’s diplomatic allies in the Pacific. The enthusiastic reception I received from the government, legislature, people, and members of our overseas community in Guam was very touching and left me with a deep impression. During the morning tea reception hosted by Governor Leon Guerrero, we joined in singing our respective national anthems, as well as the Fanohge CHamoru. I also received at the Guam Legislature a copy of a Taiwan-friendly resolution it passed on behalf of the people of Taiwan. And I still remember to this day the striking scenery of the governor’s house and the warm reception I received there. It is therefore a great pleasure to meet with all of you today here at the Presidential Office. This is Governor Leon Guerrero’s first trip to Taiwan. Your visit fully demonstrates the Guam government’s support and high regard for Taiwan. As we begin a new chapter, we look forward to working with you to generate even more momentum in bilateral cooperation and exchanges. Taiwan and Guam are like family. We share the Austronesian spirit and culture. Our wide-ranging and mutually-beneficial collaboration is very fruitful. And now, we are facing the challenges of climate change, public health and medicine, and regional security together. The world is rapidly changing and tensions in the Indo-Pacific continue to rise. But if we combine our strengths, come together as one, and enhance cooperation, we can maintain regional peace, stability, and prosperity. Last Tuesday, I delivered an address on my first anniversary of taking office. I mentioned that for many years, Taiwan, the US, and our democratic partners have actively engaged in exchange and cooperation. Taking a market-oriented approach, we will promote an economic path of staying firmly rooted in Taiwan and expanding the global presence of our enterprises while strengthening ties with the US. Guam is the closest US territory to Taiwan. It is an important bridge for collaboration between Taiwan and the US. Last month, we were pleased to see United Airlines officially launch direct flights between Taipei and Guam. I believe this will benefit tourism and economic and trade exchanges for both sides. In the area of health care, many hospitals in Taiwan already offer referral services to patients from Guam. Both Governor Leon Guerrero and I have backgrounds in medicine. It is my hope that Taiwan and Guam can continue to work hand in hand to create even more positive outcomes from cooperation in public health and medical services. During the governor’s visit, aside from promoting tourism, we can also explore even more opportunities for collaboration in other areas. There is potential for more exchanges in aquaculture, food processing, hydroculture, manufacturing, pharmaceuticals, and recycling. This will further advance industrial development in Taiwan and Guam. In closing, I thank Governor Leon Guerrero and all our distinguished guests for backing Taiwan. I wish you all a smooth and successful visit.  Governor Leon Guerrero then delivered remarks, saying that she is very happy to come to Taiwan. She said that after learning during President Lai’s visit to Guam last year that he is a medical doctor, she felt more relaxed because healthcare colleagues are one in their endeavor to help enhance the health and well-being of people. She then expressed her heartfelt appreciation for the invitation to Taiwan.  Governor Leon Guerrero said that as they learn more about opportunities for collaboration with Taiwan, they are humbled by the hospitality they have experienced. In both of our islands, she said, hospitality is more than just a custom – it forms a part of our identities. She noted that despite being nearly 2,000 miles apart, we are connected by the Pacific Ocean and common roots, and our ancestors both value family, community, and tradition. That is why being here today, she said, she feels a strong sense of familiarity, like reconnecting with old friends. The governor remarked that Taiwan has evolved so quickly in all areas of essential life, sustenance, economy, and prosperity, adding that Taiwan’s resources in such areas as health, education, data, AI, advanced technology, aquaculture, agriculture, and commerce enhance our economic stability. She stated her belief that in collaboration and support, and working with each other, we can gain prosperity, maintain freedom and democracy, and live in peace.  Governor Leon Guerrero stated that their delegation is here to see how they can partner with Taiwan to help raise the quality of life for both our peoples, mentioning that one special concern of theirs is tourism. Tourism, she said, is the most influential engine and driver for the economy and quality of life in Guam, but they cannot have a vibrant economy and tourism without air connectivity. She added that they are prepared to help in any way to provide incentives and low-cost fees so that they can get more airlines from Taiwan to establish permanent flight schedules to Guam, so as to drive development in Guam’s tourism industry. Governor Leon Guerrero then proceeded to introduce each of the members of her delegation before remarking that while they have been very busy on this visit they are always reminded of the freedom and democracy that the people must protect. She said she looks forward to a great, strong relationship between Taiwan and Guam in cooperation on social and economic issues, in culture, marketing, tourism, and freedom and democracy. Among those in attendance were First Gentleman Jeffrey A. Cook, Chief of Staff Jon Junior Calvo, Director of the Department of Administration Edward Birn, General Manager of the Guam Visitors Bureau Regine Biscoe Lee, Deputy Executive Manager of the Guam International Airport Authority Artemio “Ricky” Hernandez, Board of Directors Chairman of the Guam International Airport Authority Brian J. Bamba, Deputy General Manager of the Guam Economic Development Authority Carlos Bordallo, Director of Landscape Management Systems Guam Bob Salas, Chairperson of the Guam Chamber of Commerce Tae Oh, President of the University of Guam Anita Borja Enriquez, and Director of the Guam Taiwan Office Felix Yen (嚴樹芬). After the meeting, President Lai, accompanied by Vice President Bi-khim Hsiao, hosted a luncheon for Governor Leon Guerrero, her husband, and the delegation.

    Details
    2025-05-27
    President Lai meets delegation from European Parliament
    On the morning of May 27, President Lai Ching-te met with a delegation from the European Parliament. In remarks, President Lai thanked the European Parliament for continuing to pay close attention to peace and stability across the Taiwan Strait and voice support for Taiwan. The president expressed hope for an even closer relationship and diversified cooperation between Taiwan and the European Union. The president said that Taiwan and the EU can work together in such areas as semiconductors, AI, and green energy to create more resilient supply chains for global democracies and contribute to global prosperity and development. A translation of President Lai’s remarks follows: I warmly welcome our guests to the Presidential Office. After being elected last year, MEPs Reinis Pozņaks and Beatrice Timgren are making their first visits to Taiwan, demonstrating support for Taiwan through concrete action. On behalf of the people of Taiwan, I extend my sincerest welcome and appreciation. I would also like to take this opportunity to thank the European Parliament for continuing to pay close attention to peace and stability across the Taiwan Strait. Just last month, the European Parliament adopted resolutions with regard to annual reports on the implementation of the European Union’s Common Foreign and Security Policy and Common Security and Defence Policy. These resolutions reaffirmed the EU’s steadfast commitment to maintaining the status quo across the Taiwan Strait. The European Parliament also condemned China for continuing to take provocative military actions against Taiwan and emphasized that Taiwan is a key democratic partner in the Indo-Pacific region. It called on the EU and its member states to continue working closely with Taiwan to strengthen economic, trade, and investment ties. Once again, I thank the European Parliament for voicing support for Taiwan. Just as MEPs Pozņaks and Timgren are visiting Taiwan to strengthen Taiwan-EU exchanges, our Minister of Economic Affairs Kuo Jyh-huei (郭智輝) also led a delegation to Europe last year, marking the first in-person dialogue between high-ranking economic and trade officials of Taiwan and the EU. Moving ahead, we look forward to bringing Taiwan-EU ties even closer and to diversifying our cooperation. The EU is Taiwan’s largest source of foreign investment. Both sides are highly complementary in such areas as semiconductors, AI, and green energy. Through our joint efforts, we can create more resilient supply chains for global democracies and further contribute to global prosperity and development. Looking ahead, I hope that MEPs Pozņaks and Timgren will continue to make the case in the European Parliament for the signing of a Taiwan-EU economic partnership agreement. This would not only yield mutually beneficial development, but also consolidate economic security and boost international competitiveness for both sides. In closing, I am sure that you will gain a deeper understanding of Taiwan through this visit. Please feel welcome to come back as often as possible as we continue to elevate Taiwan-EU ties.  MEP Pozņaks then delivered remarks, saying that it is a great honor to be here and thanking everybody involved in arranging this trip that allows them the opportunity to better know Taiwan. He added that it is definitely not the last time they will be here, as Taiwan is a very beautiful country. MEP Pozņaks mentioned that he comes from Latvia, and despite their being on the other side of the world, they know how the Taiwanese people feel, because they also have a big neighbor who is claiming that Latvia belongs to them. Unfortunately, he said, there is already war in Europe, but he is confident that their situation is similar to Taiwan’s, adding that they have a neighbor who uses disinformation attacks. MEP Pozņaks said that we live in very challenging times, and that our choices will define the future of the world, asking whether it will be a world where the rule of law prevails or where physical power and aggression succeeds. Coming from a small country, he said he clearly understands that for them there is no other possibility; they must protect the world where the rule of law prevails. That is why now, he emphasized, it is very crucial for all democracies around the world to stick together to protect our freedoms, values, and democracy. MEP Timgren then delivered remarks, thanking President Lai for meeting with them and saying it is a big honor. Noting that they arrived here two days ago and that while she really loves Taiwan, its food, and the good weather, she stated that the reason they are here is because of the values that we share, our good relationships, and solidarity with other democratic countries in the world, which is important for them in Europe and in Sweden. MEP Timgren, referring to MEP Pozņaks’s earlier remarks, said that they face a big threat from Russia that is discernible even in the European Parliament. Actually, she pointed out, there is a war inside Europe that shows us how important it is that we support one another. She said that the Russian people thought it would be easy to take over Ukraine, but it was not, because all European countries stepped up and provided weapons and support. And that is why, MEP Timgren said, it is important that democratic countries maintain good relationships and let China and Russia see that we have good relationships, because a part of defense is solidarity. In closing, she expressed her gratitude for having the honor to be here in this beautiful country.

    Details
    2025-05-20
    President Lai hosts state banquet for President Surangel Whipps Jr. of Republic of Palau
    On the evening of May 20, President Lai Ching-te, accompanied by Vice President Bi-khim Hsiao, hosted a state banquet at the Presidential Office in honor of President Surangel Whipps Jr. of the Republic of Palau and his wife. In remarks, President Lai said that he looks forward to working closely with President Whipps to promote tourism exchanges and sports cooperation so that Taiwan and Palau shine brightly together on the international stage. A translation of President Lai’s remarks follows: It is a pleasure to host this banquet tonight at the Presidential Office for President Whipps, First Lady Valerie Whipps, and the esteemed members of their delegation. Welcome to Taiwan. During my trips to Palau in 2022 and last year, President and First Lady Whipps received me with great hospitality. Wearing my island shirt, I enjoyed a very friendly reception from the people of Palau. It felt warm and friendly, just like being welcomed back home. The first time I visited Palau, President Whipps and I piloted a boat to the Milky Way lagoon. We both tried volcanic mud facial masks. We also fished together and enjoyed the breeze as we walked on the beach. Last year, on my second visit to Palau, I was honored to be invited to address the National Congress. I also observed the results of the close bilateral cooperation between our two nations. Due to its world-famous ocean scenery, Palau is sometimes referred to as “God’s aquarium.” And it is even possible to snorkel with sharks. It leaves a deep impression. Nothing compares to seeing Palau firsthand. During the COVID-19 pandemic, Taiwan and Palau launched a travel bubble that created a safe means of travel. Now, with the pandemic behind us, I hope that even more Taiwanese can tour Palau and gain a greater understanding of our diplomatic ally. In addition to tourism exchanges, I mentioned on my visit to Palau last year that I hoped Taiwan and Palau could promote sports cooperation by providing training away from home. Next month, Palau will be holding the Pacific Mini Games. And right now, Palau’s national baseball and table tennis teams are holding training sessions here in Taiwan. We will do our utmost to support Palau’s national players and we hope they stand out and achieve outstanding results in the events. I look forward to working closely with President Whipps so that Taiwan and Palau shine brightly together on the international stage. Thank you! Mesulang! President Whipps then delivered remarks, saying that it is truly an honor to be here once again one year after President Lai’s inauguration. Mentioning that this is his first state visit after being reelected to a second term, he said that it is important to be here among friends, and that we are more than friends, we are family. He thanked President Lai for the generous words and, most importantly, Taiwan’s enduring support. He remarked that our relationship continues to get stronger in each passing year. President Whipps said that President Lai’s diplomacy initiative, leadership, and vision deeply resonate with them. Diplomacy must be rooted in our shared values, he said, and an unwavering support for our allies and a commitment to a sustainable, inclusive development are all deeply appreciated by their people. President Whipps emphasized that, as we look into the future and the challenges that we face, from security to climate change, it is so important that we are united. He added that it is important for the world, and especially important for them in Palau, that they stand up for Taiwan, so that Taiwan can participate on international fora that address climate change, security, and health, because they know the world is better when Taiwan has a seat at the table. Mentioning that Palau will host the Pacific Islands Forum next year, President Whipps said that Palau remains committed to working closely with Taiwan to ensure a successful event, and that they will continue to speak up for Taiwan’s indispensable contributions as we stand together against any efforts to silence or isolate democratic partners. President Whipps said that our nations have navigated challenges and emerged stronger, bound by a partnership that is built on trust, respect, and hope for a better world. Whether it is in clean energy, education, smart medicine, or tourism, our shared journey is just beginning, he said, and we are stronger together.  Also in attendance at the banquet were Palauan Minister of State Gustav Aitaro, Minister of Public Infrastructure and Industries Charles Obichang, Minister of Human Resources, Culture, Tourism and Development Ngiraibelas Tmetuchl, Senate Floor Leader Kerai Mariur, House of Delegates Floor Leader Warren Umetaro, High Chief of Ngiwal State Elliot Udui, Governor of Peleliu State Emais Roberts, and Governor of Koror State Eyos Rudimch.

    Details
    2025-05-20
    President Lai and President Surangel S. Whipps, Jr. of Palau hold bilateral talks and witness signing of cooperation agreements  
    On the afternoon of May 20, following a welcome ceremony with military honors for President Surangel S. Whipps, Jr. of the Republic of Palau and his wife, President Lai Ching-te, accompanied by Vice President Bi-khim Hsiao, held bilateral talks with President Whipps at the Presidential Office. The two leaders also jointly witnessed the signing of a technical cooperation agreement and an agreement on diplomatic staff training cooperation. In remarks, President Lai thanked Palau for standing firm in its backing of Taiwan’s international participation as geopolitical tensions continue to increase in the Pacific region. He added that he looks forward to the cooperative ties between Taiwan and Palau continuing to expand into even broader areas, allowing our economies and societies to further progress as we jointly advance peace, stability, and prosperity in the Indo-Pacific region. A translation of President Lai’s remarks follows: I welcome our guests to Taiwan once again. Last year on May 20, President Whipps led a delegation to attend the inauguration ceremony for myself and Vice President Hsiao. I am delighted, on the anniversary of my first year in office, to meet with old friends of Taiwan again, as President Whipps returns for this visit. Taiwan-Palau relations have grown even closer in recent years thanks to the strong support of President Whipps. In 2022, during my term as vice president, I led a delegation to Palau as a demonstration of how our nations were together boosting tourism development as we jointly faced the challenges of the COVID-19 pandemic. Every time I visit Palau, and every time I meet with President Whipps, I feel very deeply that Taiwan and Palau are like family. We are both maritime nations and share a common Austronesian heritage and culture. We are also staunch partners in upholding such values as freedom, democracy, and respect for human rights. Last December, when I went on my first overseas trip since taking office, one of the nations I visited was Palau. We celebrated the 30th anniversary of Palau’s independence and 25 years of diplomatic relations, underscoring our friendly ties. Taiwan and Palau enjoy close exchanges and cooperation in a range of areas, including climate change, education, agriculture and fisheries, healthcare, humanitarian assistance, sports, and culture. After this meeting, President Whipps and I will witness the signing of a technical cooperation agreement and an agreement on diplomatic staff training cooperation, demonstrating once again our diverse collaboration and strong friendship. I believe that by working together, Taiwan and Palau can contribute to each other’s development and overcome the regional and global challenges we currently face. In particular, as geopolitical tensions continue to increase in the Pacific region, Palau has wisely and courageously upheld democratic values and stood firm in its backing of Taiwan’s international participation. Palau has never stopped voicing support for Taiwan, including at the United Nations General Assembly, the World Health Organization, the UN Framework Convention on Climate Change Conference of the Parties, and the UN Ocean Conference. We have been deeply moved by this support. I thank President Whipps again for his high regard and support for Taiwan. I look forward to the cooperative ties between our nations continuing to expand into even broader areas. This will allow our economies and societies to further progress as we jointly advance peace, stability, and prosperity in the Indo-Pacific region. President Whipps then delivered remarks, saying that it is a great honor for him to be here, standing in this historic place – a symbol of strength, resilience, and the democratic spirit of the Taiwanese people. On behalf of the government of Palau, President Whipps extended heartfelt gratitude to President Lai and the people of Taiwan for the warm welcome and gracious hospitality toward him and his delegation. President Whipps then extended sincere thanks for President Lai’s visit to Palau in December – his second visit to Palau – and for having Minister of Foreign Affairs Lin Chia-lung (林佳龍) attend his inauguration as a special envoy. He added that this also marks his third visit to Taiwan since President Lai took office, saying that this demonstrates the strength of our growing relationship. President Whipps indicated that the increased engagements and numerous entrepreneurs that President Lai has brought from Taiwan to Palau have resulted in fruitful visits, and that President Lai’s leadership represents hope, unity, and continued advancement of democracy and freedom, not only for Taiwan, but for the broader Indo-Pacific region. President Whipps went on to say that this visit to Taiwan reaffirms our deep friendship and shared values between our two nations. He emphasized that Palau and Taiwan are bound not by proximity, but by purpose, in that both are island nations and believe in human dignity, the rule of law, and the right of our people to determine their own futures. President Whipps stated that although we are celebrating 26 years of diplomatic relations, Taiwan has been a steadfast partner of Palau for decades, and that one of the MOUs they are signing further extends the relationship that began in December of 1984. From healthcare and medical missions, to education, agriculture, renewable energy, infrastructure, the private sector, tourism development, and climate resilience, he said, our cooperation has improved lives and strengthened our communities. The president also indicated that during the COVID-19 pandemic, Taiwan stood with Palau, noting that both sides began the tourism bubble, and that President Lai came to Palau to reopen the two weekly direct flights that have now been increased to four. That solidarity will never be forgotten, he said. As the world faces growing uncertainty and complex challenges from climate change to global tensions, President Whipps said, this friendship becomes even more vital. The president concluded his remarks by expressing hope that both nations continue to stand together, work together, and advocate together for peace, prosperity, and for the right of small nations to be seen, heard, and respected. After the bilateral talks, President Lai and President Whipps witnessed the signing of the technical cooperation agreement and the agreement on diplomatic staff training cooperation by Minister Lin and Palauan Minister of State Gustav Aitaro. The delegation also included Palauan Minister of Public Infrastructure and Industries Charles Obichang, Minister of Human Resources, Culture, Tourism and Development Ngiraibelas Tmetuchl, Senate Floor Leader Kerai Mariur, House of Delegates Floor Leader Warren Umetaro, High Chief of Ngiwal State Elliot Udui, Governor of Peleliu State Emais Roberts, and Governor of Koror State Eyos Rudimch.  

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

    MIL OSI Asia Pacific News –

  • MIL-OSI Russia: Opening Ceremony of Chinese-Russian Animation Day Held in Hangzhou

    Translation. Region: Russian Federal

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

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

    HANGZHOU, May 29 (Xinhua) — The opening ceremony of China-Russia Animation Day was held Wednesday in Hangzhou, capital of east China’s Zhejiang Province, as the International Animation and Game Business Conference of the 21st China International Animation Festival (CIAG) took place. Industry leaders and enterprise representatives from the two countries gathered to inject new impetus into China-Russia animation cooperation.

    During the event, representatives from both sides made speeches, discussing the history of the development of the animation industries, as well as the path and prospects for cooperation in the new era, Hangzhou news portal /”Hangzhou.com.cn”/ reported.

    The parties unanimously recognized the need for comprehensive integration of resources and complementary cooperation to jointly create high-quality animation content influenced by digital technology and global cultural exchange.

    In parallel, a special presentation by the Moscow delegation was held, where outstanding Russian animation and short films were shown. The unique artistic style and creative concepts demonstrated the dynamics and charm of the Russian animation industry, offering viewers a visual feast.

    This event not only presented outstanding works to the audience, but also created an important platform for industrial cooperation between China and Russia. Taking this new frontier as a starting point, the two sides will deepen exchanges and interactions, actively explore joint projects and conduct technological exchanges, and create animation works with cultural depth and market influence.

    Both parties intend to pursue mutually beneficial cooperation, jointly writing a new chapter in the history of the development of the global animation industry. -0-

    MIL OSI Russia News –

  • MIL-OSI USA: USDA Heeds Pappas’s Call to Unfreeze Acer Grants, Critical Funding for NH Maple Industry

    Source: United States House of Representatives – Congressman Chris Pappas (D-NH)

    Following Congressman Chris Pappas’s (NH-01), Co-Chair of the Congressional Maple Caucus, call for the United States Department of Agriculture (USDA) to reinstate grants delivered by the Acer Access and Development Program (Acer), funding for the Acer program has been released.

    “Acer provides important resources for strengthening the domestic maple syrup industry. I’m pleased that the Acer grants have been unfrozen, but our producers worked tirelessly this season. They should not have been left uncertain about whether they would receive funds that they were promised,” said Congressman Pappas. “We can’t ignore this recurring theme from the current administration in freezing or revoking funds for our communities that will have lasting negative impacts. We can work responsibly to reduce government waste and fraud without holding back the resources New Hampshire small businesses need.”

    Acer provides essential support to the maple syrup industry in the Northeast and Upper Midwest, and freezing these grants as the administration places tariffs on Canada, one of the U.S.’s closest allies, put the livelihoods of maple producers at risk. Much of the equipment used to produce syrup and other maple products is manufactured in Canada, and tariffs will raise prices in an unsustainable manner for New Hampshire’s maple producers. 

    Background: 

    Congressman Pappas leads the Fighting Budget Waste Act, which was the first bill he introduced in the 119th Congress. This bipartisan bill will save taxpayer dollars by requiring the Office of Management and Budget (OMB) to consider the Government Accountability Office’s (GAO) annual report on federal programs with fragmented, overlapping, or duplicative goals from the prior year to address problems with those programs and reduce costs.

    Congressman Pappas is a small business owner and a former member of the House Small Business Committee.

    MIL OSI USA News –

  • MIL-OSI USA: Pappas Continues to Fight for Veterans Put at Risk of Losing Their Homes

    Source: United States House of Representatives – Congressman Chris Pappas (D-NH)

    Today Representatives Chris Pappas (NH-01), a member of the House Veterans’ Affairs Committee (HVAC) and Ranking Member of the Subcommittee on Economic Opportunity, and Mark Takano (CA-39), Ranking Member of HVAC, held a press conference with National Fair Housing Alliance Vice President Public Policy and Senior Counsel for Fair Lending, Maureen Yap and Senior Attorney at the National Consumer Law Center, Alys Cohen to call attention to the Department of Veterans Affairs (VA) ending of the Veterans Affairs Servicing Purchase (VASP) program – the only VA program that guaranteed foreclosure avoidance for veterans experiencing severe financial hardship, helping them stay in their homes. 

    “It’s important to understand that 80,000 veterans at risk have been put at risk by the abrupt ending of the VASP program… I’ve heard from veterans directly that are concerned about their future,” said Congressman Pappas. “This isn’t about statistics, it’s not about hypothetical situations, it’s about real people. It’s about real veterans that swore an oath to give everything up to and including their lives for the United States of America who deserve our unwavering commitment to be able to provide them a roof over their head and to make sure they won’t get foreclosed on. So this shouldn’t be a partisan issue. This is a moral issue, and something that we will continue to call VA on to address and to make sure that they are providing the kind of support that our veterans need, whether that’s in the form of a foreclosure moratorium or reimplementing VASP while we work on this partial claims program. We need a solution today so that veterans like Daniel in my district get the help and support that they deserve.”

    Watch Congressman Pappas’s remarks here or the full press conference here. 

    The VASP program was created as a “last-resort” option for veterans and their family members facing foreclosure on VA-backed loans following the expiration of pandemic programs, which when coupled with rising interest rates, increased the risk of default for thousands of veterans. Before its termination, VASP was the only program of last resort that existed for veterans facing immediate foreclosure, and helped over 17,000 veterans since the program launched in 2024. By abruptly ending this program on May 1 with no alternative in place, 80,000 veterans and their families now face the prospect of losing their homes with no relief mechanism in place.

    Background: 

    In April, Pappas spoke out forcefully against the administration abruptly ending the Veterans Affairs Servicing Purchase Program (VASP) during a House Veterans’ Affairs Subcommittee on Economic Opportunity markup. He joined a bicameral letter pressing Department of Veterans Affairs (VA) Secretary Doug Collins to immediately reverse his decision to abruptly end VASP. Earlier this month, in a HVAC markup, Pappas spoke out against the decision to end VASP, and in a HVAC hearing with VA Secretary Collins, Pappas rebuked the Secretary for ending the program. 

    In January, Pappas joined a letter to U.S. Department of Veterans Affairs (VA) Acting Secretary Todd Hunter demanding answers about how VA is implementing President Trump’s Inaugural Executive Order to freeze hiring across the executive branch and how it is hurting veterans’ access to the health care and benefits they earned. In March, Pappas condemned reports that the Trump administration is planning to cut 80,000 staff from the Department of Veterans Affairs (VA), which could have catastrophic consequences for America’s veterans and cause significant delays and disruptions for those seeking medical treatment, as well as support for housing, addiction, mental health, and other lifesaving services. These firings would also result in job losses for thousands of veterans, who make up 25% of VA’s workforce.

    MIL OSI USA News –

  • MIL-OSI: Aurora Mobile Limited Announces First Quarter 2025 Unaudited Financial Results

    Source: GlobeNewswire (MIL-OSI)

    SHENZHEN, China, May 29, 2025 (GLOBE NEWSWIRE) — Aurora Mobile Limited (“Aurora Mobile” or the “Company”) (NASDAQ: JG), a leading provider of customer engagement and marketing technology services in China, today announced its unaudited financial results for the first quarter ended March 31, 2025.

    First Quarter 2025 Financial Highlights

    • Revenues were RMB89.0 million (US$12.3 million), an increase of 38% year-over-year.
    • Cost of revenues was RMB30.1 million (US$4.2 million), an increase of 66% year-over-year.
    • Gross profit was RMB58.8 million (US$8.1 million), an increase of 27% year-over-year.
    • Total operating expenses were RMB60.6 million (US$8.3 million), an increase of 14% year-over-year.
    • Net loss was RMB1.6 million (US$0.2 million), compared with a net loss of RMB2.6 million for the same quarter last year.
    • Net loss attributable to Aurora Mobile Limited’s shareholders was RMB2.6 million (US$0.4 million), compared with a net loss attributable to Aurora Mobile Limited’s shareholders of RMB2.4 million for the same quarter last year.
    • Adjusted net loss (non-GAAP) was RMB1.2 million (US$0.2 million), compared with a RMB1.3 million adjusted net loss for the same quarter last year.
    • Adjusted EBITDA (non-GAAP) was RMB0.5 million (US$63 thousand), compared with RMB0.2 million for the same quarter last year.

    Mr. Weidong Luo, Chairman and Chief Executive Officer of Aurora Mobile, commented, “We have had a great start to 2025. Our Q1’2025 performance and numbers are very impressive.

    • Firstly, our EngageLab business had a “Monster Quarter” where we closed out more than RMB63 million worth of contract value in just one quarter. This brings the total cumulative EngageLab contract value in excess of RMB110 million by March 31, 2025.
    • Secondly, the Group’s revenue this quarter reached RMB89.0 million, achieving a remarkable 38% growth year-over-year. EngageLab’s recognized revenue also grew by 127% year-over-year.
    • Thirdly, our Financial Risk Management business had its best quarter in history, recording the highest quarterly revenue of RMB22.2 million, revenue grew by 64% year-over-year.
    • Fourthly, gross profit grew strongly by 27% year-over-year, achieving the highest gross profit for the past 9 quarters. Gross margin has also improved 520 basis points quarter-over-quarter!
    • Fifthly, we recorded another Adjusted EBITDA profit in this quarter. This marks the 7th consecutive quarterly positive Adjusted EBITDA we have had.

    With these numbers above, we are equally excited about 2025. This has no doubt set a great momentum for the rest of the 2025 ! The progress in our performance and our solid financial position enable us to invest more resources into the development of our enterprise AI agent platform and its global expansion.”

    Mr. Shan-Nen Bong, Chief Financial Officer of Aurora Mobile, added, “In Q1’2025, our revenue grew by 38% year-over-year, gross profit grew by 27% whilst operating expenses grew by 14%. Overall, we are pleased to see how the operating expenses have been trending in view of the revenue and gross profit growth. This is a sustainable growth model on a long-term basis.”

    First Quarter 2025 Financial Results

    Revenues were RMB89.0 million (US$12.3 million), an increase of 38% from RMB64.5 million in the same quarter of last year, attributable to a 39% increase in revenue from Developer Services and a 35% increase in revenue from Vertical Applications. In particular, the revenues from Value-Added Services within Developer Services increased by 269% compared to the same quarter of last year.

    Cost of revenues was RMB30.1 million (US$4.2 million), an increase of 66% from RMB18.2 million in the same quarter of last year. The increase was mainly due to a RMB5.6 million increase in media cost, a RMB1.6 million increase in short messaging cost, and a RMB4.7 million increase in other direct costs related to revenue generation.

    Gross profit was RMB58.8 million (US$8.1 million), an increase of 27% from RMB46.4 million in the same quarter of last year.

    Total operating expenses were RMB60.6 million (US$8.3 million), an increase of 14% from RMB53.0 million in the same quarter of last year.

    • Research and development expenses were RMB24.6 million (US$3.4 million), an increase of 8% from RMB22.7 million in the same quarter of last year, mainly due to a RMB0.9 million increase in personnel costs and a RMB0.8 million increase in cloud cost.
    • Sales and marketing expenses were RMB23.3 million (US$3.2 million), an increase of 34% from RMB17.4 million in the same quarter of last year, mainly due to a RMB5.2 million increase in personnel costs.
    • General and administrative expenses were RMB12.7 million (US$1.7 million), a decrease of 2% from RMB12.9 million in the same quarter of last year, mainly due to a RMB0.6 million decrease in share-based compensation expenses.

    Loss from operations was RMB1.5 million (US$0.2 million), compared with RMB5.1 million in the same quarter of last year.

    Net Loss was RMB1.6 million (US$0.2 million), compared with RMB2.6 million in the same quarter of last year.

    Adjusted net loss (non-GAAP) was RMB1.2 million (US$0.2 million), compared with RMB1.3 million in the same quarter of last year.

    Adjusted EBITDA (non-GAAP) was RMB0.5 million (US$63 thousand) compared with RMB0.2 million for the same quarter of last year.

    The cash and cash equivalents and restricted cash were RMB113.6 million (US$15.7 million) as of March 31, 2025 compared with RMB119.5 million as of December 31, 2024.

    Business Outlook

    For the second quarter of 2025, the Company expects the total revenue to be between RMB87.5 million and RMB90.5 million, representing year-over-year growth of approximately 10% to 14%.

    The above outlook is based on the current market conditions and reflects the Company’s current and preliminary estimates of market and operating conditions and customer demand, which are all subject to change.

    Update on Share Repurchase

    As of March 31, 2025, the Company had repurchased a total of 295,179 ADS, of which 16,322 ADSs, or around US$170.5 thousand were repurchased during the first quarter in 2025.

    Conference Call

    The Company will host an earnings conference call on Thursday, May 29, 2025 at 7:30 a.m. U.S. Eastern Time (7:30 p.m. Beijing time on the same day).

    All participants must register in advance to join the conference using the link provided below. Please dial in 15 minutes before the call is scheduled to begin. Conference access information will be provided upon registration.

    Participant Online Registration:
    https://register-conf.media-server.com/register/BI47c63565ef284b3784a50da74dc4a38e

    A live and archived webcast of the conference call will be available on the Investor Relations section of Aurora Mobile’s website at https://ir.jiguang.cn/. 

    Use of Non-GAAP Financial Measures

    In evaluating the business, the Company considers and uses two non-GAAP measures, adjusted net (loss)/income and adjusted EBITDA, as a supplemental measure to review and assess its operating performance. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. The Company defines adjusted net (loss)/income as net loss excluding share-based compensation. The Company defines adjusted EBITDA as net loss excluding interest expense, depreciation of property and equipment, amortization of intangible assets, income tax expenses/(benefits) and share-based compensation.

    The Company believes that adjusted net (loss)/income and adjusted EBITDA help identify underlying trends in its business that could otherwise be distorted by the effect of certain expenses that it includes in loss from operations and net loss.

    The Company believes that adjusted net (loss)/income and adjusted EBITDA provide useful information about its operating results, enhance the overall understanding of its past performance and future prospects and allow for greater visibility with respect to key metrics used by the management in their financial and operational decision-making.

    The non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. The non-GAAP financial measures have limitations as analytical tools. One of the key limitations of using adjusted net (loss)/income and adjusted EBITDA is that they do not reflect all items of income and expense that affect the Company’s operations. Further, the non-GAAP financial measures may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited.

    The Company compensates for these limitations by reconciling the non-GAAP financial measures to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating the Company’s performance. The Company encourages you to review its financial information in its entirety and not rely on a single financial measure.

    Reconciliations of the non-GAAP financial measures to the most comparable U.S. GAAP measure are included at the end of this press release.

    Safe Harbor Statement

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

    About Aurora Mobile Limited

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

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

    For investor and media inquiries, please contact:

    Aurora Mobile Limited

    ir@jiguang.cn

    Christensen

    In China

    Ms. Xiaoyan Su

    Phone: +86-10-5900-1548

    E-mail: Xiaoyan.Su@christensencomms.com 

    In U.S.

    Ms. Linda Bergkamp

    Phone: +1-480-614-3004

    Email: linda.bergkamp@christensencomms.com 

    Footnote:

    This announcement contains translations of certain RMB amounts into U.S. dollars at specified rates solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars are made at a rate of RMB7.2567 to US$1.00, the exchange rate set forth in the H.10 statistical release of the Board of Governors of the Federal Reserve System as of March 31, 2025.

     
    AURORA MOBILE LIMITED
    UNAUDITED INTERIM CONDENSED CONSOLIDATED INCOME STATEMENTS
    (Amounts in thousands of Renminbi (“RMB”) and US dollars (“US$”), except for number of shares and per share data)
                     
        Three months ended
        March 31, 2024   December 31, 2024   March 31, 2025
        RMB   RMB   RMB   US$
                     
    Revenues   64,524     93,153     88,961     12,259  
    Cost of revenues   (18,152 )   (36,468 )   (30,117 )   (4,150 )
    Gross profit   46,372     56,685     58,844     8,109  
    Operating expenses                
    Research and development   (22,681 )   (24,326 )   (24,607 )   (3,391 )
    Sales and marketing   (17,391 )   (24,583 )   (23,303 )   (3,211 )
    General and administrative   (12,932 )   (11,392 )   (12,676 )   (1,747 )
    Total operating expenses   (53,004 )   (60,301 )   (60,586 )   (8,349 )
    Other operating income   1,579     3,393     197     27  
    Loss from operations   (5,053 )   (223 )   (1,545 )   (213 )
    Foreign exchange (loss)/gain, net   (23 )   (62 )   38     5  
    Interest income   2,187     288     236     33  
    Interest expenses   (6 )   (42 )   (39 )   (5 )
    Other income/(loss)   15     (805 )   –     –  
    Gains from fair value change   23     45     38     5  
    Loss before income taxes   (2,857 )   (799 )   (1,272 )   (175 )
    Income tax benefits/(expenses)   244     105     (336 )   (46 )
    Net loss   (2,613 )   (694 )   (1,608 )   (221 )
    Less: net (loss)/income attributable to noncontrolling interests   (214 )   372     944     130  
    Net loss attributable to Aurora Mobile Limited’s shareholders   (2,399 )   (1,066 )   (2,552 )   (351 )
    Net loss per share, for Class A and Class B common shares:                
    Class A and B Common Shares – basic and diluted   (0.03 )   (0.01 )   (0.03 )   (0.00 )
    Shares used in net loss per share computation:                
    Class A Common Shares – basic and diluted   62,687,345     63,200,100     63,254,710     63,254,710  
    Class B Common Shares – basic and diluted   17,000,189     17,000,189     17,000,189     17,000,189  
    Other comprehensive income/(loss)                
    Foreign currency translation adjustments   78     1,357     (82 )   (11 )
    Total other comprehensive income/(loss), net of tax   78     1,357     (82 )   (11 )
    Total comprehensive (loss)/income   (2,535 )   663     (1,690 )   (232 )
    Less: comprehensive (loss)/income attributable to noncontrolling interests   (214 )   372     944     130  
    Comprehensive (loss)/income attributable to Aurora Mobile Limited’s shareholders   (2,321 )   291     (2,634 )   (362 )
                     
    AURORA MOBILE LIMITED
    UNAUDITED INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS
    (Amounts in thousands of Renminbi (“RMB”) and US dollars (“US$”))
                 
        As of
        December 31, 2024   March 31, 2025
        RMB   RMB   US$
    ASSETS            
    Current assets:            
    Cash and cash equivalents   119,171     113,267     15,609  
    Restricted cash   376     375     52  
    Accounts receivable   50,804     54,071     7,451  
    Prepayments and other current assets   14,264     17,354     2,391  
    Total current assets   184,615     185,067     25,503  
    Non-current assets:            
    Long-term investments   113,506     113,458     15,635  
    Property and equipment, net   4,573     4,331     597  
    Operating lease right-of-use assets   17,146     15,892     2,190  
    Intangible assets, net   13,767     12,788     1,762  
    Goodwill   37,785     37,785     5,207  
    Deferred tax assets   131     167     23  
    Other non-current assets   6,510     6,503     895  
    Total non-current assets   193,418     190,924     26,309  
    Total assets   378,033     375,991     51,812  
    LIABILITIES AND SHAREHOLDERS’ EQUITY            
    Current liabilities:            
    Short-term loan   3,000     –     –  
    Accounts payable   32,691     34,114     4,701  
    Deferred revenue and customer deposits   147,111     156,929     21,625  
    Operating lease liabilities   4,461     4,152     572  
    Accrued liabilities and other current liabilities   74,370     66,407     9,151  
    Total current liabilities   261,633     261,602     36,049  
    Non-current liabilities:            
    Operating lease liabilities   13,376     12,292     1,694  
    Deferred tax liabilities   3,059     2,891     398  
    Other non-current liabilities   567     567     78  
    Total non-current liabilities   17,002     15,750     2,170  
    Total liabilities   278,635     277,352     38,219  
    Shareholders’ equity:            
    Common shares   50     51     7  
    Treasury shares   (1,674 )   (2,898 )   (399 )
    Additional paid-in capital   1,045,221     1,047,375     144,332  
    Accumulated deficit   (995,715 )   (998,267 )   (137,565 )
    Accumulated other comprehensive income   20,040     19,958     2,750  
    Total Aurora Mobile Limited’s shareholders’ equity   67,922     66,219     9,125  
    Noncontrolling interests   31,476     32,420     4,468  
    Total shareholders’ equity   99,398     98,639     13,593  
    Total liabilities and shareholders’ equity   378,033     375,991     51,812  
                 
    AURORA MOBILE LIMITED
    RECONCILIATION OF GAAP AND NON-GAAP RESULTS
    (Amounts in thousands of Renminbi (“RMB”) and US dollars (“US$”))
                     
        Three months ended
        March 31, 2024   December 31, 2024   March 31, 2025
        RMB   RMB   RMB   US$
    Reconciliation of Net Loss to Adjusted Net (Loss)/Income:              
    Net loss   (2,613 )   (694 )   (1,608 )   (221 )
    Add:                
    Share-based compensation   1,268     795     407     56  
    Adjusted net (loss)/income   (1,345 )   101     (1,201 )   (165 )
    Reconciliation of Net Loss to Adjusted EBITDA:                
    Net loss   (2,613 )   (694 )   (1,608 )   (221 )
    Add:                
    Income tax (benefits)/expenses   (244 )   (105 )   336     46  
    Interest expenses   6     42     39     5  
    Depreciation of property and equipment   380     197     266     37  
    Amortization of intangible assets   1,369     1,052     1,019     140  
    EBITDA   (1,102 )   492     52     7  
    Add:                
    Share-based compensation   1,268     795     407     56  
    Adjusted EBITDA   166     1,287     459     63  
                     
    AURORA MOBILE LIMITED
    UNAUDITED SAAS BUSINESSES REVENUE
    (Amounts in thousands of Renminbi (“RMB”) and US dollars (“US$”))
                     
                     
        Three months ended
        March 31, 2024   December 31, 2024   March 31, 2025
        RMB   RMB   RMB   US$
                     
    Developer Services   44,749     70,998     62,322     8,588  
    Subscription   42,351     54,687     53,467     7,368  
    Value-Added Services   2,398     16,311     8,855     1,220  
    Vertical Applications   19,775     22,155     26,639     3,671  
    Total Revenue   64,524     93,153     88,961     12,259  
    Gross Profits   46,372     56,685     58,844     8,109  
    Gross Margin   71.9%     60.9%     66.1%     66.1%  
                     

    The MIL Network –

  • MIL-OSI: Nokia brings Wi-Fi 7 to all with launch of Beacon 4 and 9 home devices

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Nokia brings Wi-Fi 7 to all with launch of Beacon 4 and 9 home devices

    • Nokia introduces new entry-level and mid-tier Beacons that can deliver speeds over 3x faster than Wi-Fi 6 devices.  
    • Nokia Beacons bring affordable Wi-Fi 7 to customers globally, providing multi-gigabit capacity needed to support future devices and services in the home.
    • Nokia’s Beacon 4 and 9, powered by Corteca software, simplify device management and support enhanced services via applications available on the Corteca marketplace.

    29 May 2025
    Espoo, Finland – Today, Nokia launched two new Wi-Fi 7 gateways designed to deliver, reliable, ultra-fast broadband to every corner of the home. Nokia’s entry level Beacon 4 and mid-tier Beacon 9 offer gigabit speeds over Wi-Fi – essential for supporting the expanding demands of streaming, online gaming, video, smart home, and security applications in the home.  

    As XGS-PON and 25G PON services grow, Wi-Fi upgrades are essential to delivering multi-gigabit speeds into homes.   Nokia’s new Beacon 4 and 9 are designed specifically for this purpose, allowing service providers to offer an affordable, best-in-class Wi-Fi 7 experience for the masses. Incorporating Wi-Fi 7’s full capabilities, the dual-band Beacon 4 gateway delivers 3.6Gbs speeds over Wi-Fi while the tri-band Beacon 9 gateway delivers blazingly fast 9.4Gbs speeds that help eliminate slowdowns and buffering issues. Both Beacons are powered by its Corteca software which allows operators to create and monetize better broadband experiences.

    “As the connected home ecosystem grows increasingly complex, Wi-Fi 7 emerges not just as a technological upgrade, but as a strategic necessity. To unlock the full market potential of Wi-Fi 7, it is essential to accelerate its availability across a wider range of devices. Expanding access – while preserving opportunities for service providers to differentiate and monetize premium offerings – will be key to driving adoption at scale and delivering the elevated experience consumers expect.” said Alzbeta Fellenbaum, Practice Leader, Service Provider – Consumer at Omdia.

    “Wi-Fi 7 is a pivotal new technology that will power the connected home of the future. Operators can now make Wi-Fi 7 a reality for customers, with two new affordable solutions that ensure multi-gigabit speeds are delivered to every corner of the home for the ultimate experience,” said Dirk Verhaegen, Head of Broadband Devices, Fixed Networks at Nokia.

    The new gateways expand Nokia’s portfolio of Wi-Fi 7 devices which now include the Beacon 4, Beacon 9, Beacon 19 and Beacon 24 models, each designed to meet the varying demands of operators and end-users globally.

    Multimedia, technical information and related news 
    Web Page: Nokia Wi-Fi
    Web Page: Nokia Beacon 9
    Web Page: Nokia Beacon 4

    About Nokia
    At Nokia, we create technology that helps the world act together. 

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation. 

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    Media inquiries
    Nokia Press Office
    Email: Press.Services@nokia.com

    Follow us on social media
    LinkedIn X Instagram Facebook YouTube

    The MIL Network –

  • MIL-OSI USA: Klobuchar Statement on the U.S. Court of International Trade Overturning President Trump’s Tariff Taxes

    US Senate News:

    Source: United States Senator Amy Klobuchar (D-Minn)

    WASHINGTON — U.S. Senator Amy Klobuchar (D-MN) released the following statement on the U.S. Court of International Trade overturning President Trump’s tariff taxes in a unanimous three-judge decision.

    “This unanimous verdict by judges appointed by Presidents Trump, Obama, and Reagan restores sanity and stability to our trade policies. Instead of raising costs by nearly $3,000 per family, we should bring relief to the American people who have faced higher costs and chaos for far too long under Trump’s tariff taxes. As the judges ruled, ‘The Constitution assigns Congress the exclusive powers to “lay and collect Taxes, Duties, Imposts and Excises,” and to “regulate Commerce with foreign Nations.”’ The President clearly overstepped his authority with these across-the-board tariffs.”

    In April, the Senate passed Klobuchar’s bipartisan resolution with Senators Tim Kaine (D-VA) and Mark Warner (D-VA) to reverse President Trump’s across-the-board tariffs on Canadian goods.

    Klobuchar joined Senators Maria Cantwell (D-WA) and Chuck Grassley (R-IA) to introduce the Trade Review Act of 2025, bipartisan legislation that would bring stability and accountability to U.S. trade policy by reasserting limits on the president’s ability to unilaterally impose tariffs without the approval of Congress.

    MIL OSI USA News –

  • MIL-OSI Australia: Draft Practical Compliance Guideline PCG 2025/D2 published

    Source: New places to play in Gungahlin

    We’ve published Draft Practical Compliance Guideline PCG 2025/D2 Factors to consider when determining the amount of your inbound, cross-border related party financing arrangement – ATO compliance approach.

    This draft PCG outlines our compliance approach and risk assessment framework, providing:

    • general factors relevant in determining and testing the amount of a taxpayer’s inbound, cross-border related party financing arrangement
    • specific examples on how we use the factors in our compliance approach
    • the types of documentation and evidence that we expect taxpayers to prepare in determining the amount of their cross-border related party financing arrangements.

    The draft is open for public comment until 30 June 2025. If you would like to submit comments, refer to the instructions within PCG 2025/D2.

    Keep up to date

    We have tailored communication channels for medium, large and multinational businesses, to keep you up to date with updates and changes you need to know.

    Read more articles in our online Business bulletins newsroom.

    Subscribe to our free:

    • fortnightly Business bulletins email newsletterExternal Link
    • email notifications about new and updated information on our website – you can choose to receive updates relevant to your situation. Choose the ‘Business and organisations’ category to ensure your subscription includes notifications for more Business bulletins newsroom articles like this one.

    MIL OSI News –