Category: Commerce

  • MIL-OSI Africa: Dallas Mayor Signs City Sister Partnership with Dar es Salaam Counterpart

    Source: APO – Report:

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    On July 22, 2025, Mayor of Dallas, Texas, USA, Eric L. Johnson and his Dar es Salaam counterpart Mayor Omary Kumbilamoto signed a Sister City Partnership aimed at deepening commercial, cultural, and educational ties.

    The signing ceremony, held at the Hyatt Regency Hotel in Dar es Salaam, was also witnessed by the United States Chargé d’Affaires Jonathan Howard, Tanzania’s Ambassador to the United States, Elsie Kanza, and other Tanzanian government officials.

    Mayor Johnson is in Tanzania for an eight-day visit to explore trade opportunities and strengthen economic partnership between Dallas and Dar es Salaam as well as other parts of Tanzania.  He is also visiting Zanzibar and Arusha.

    The mayor is joined by members of the Tanzanian American Chamber of Commerce (TACC), which is headquartered in Dallas, Texas, and seeks to promote bilateral trade between Tanzania and the United States.  The delegation has had productive meetings with the Regional Commissioner of Dar es Salaam, representatives from various Ministries in the Tanzanian government, and the American Chamber of Commerce in Tanzania.

    As a major hub for American innovation in the agribusiness, health care, energy, tech, logistics, manufacturing, and financial services sectors, the City of Dallas has set a global standard for how municipal governments can leverage infrastructure development and business incentives to develop a vibrant economy. Thanks to its status as a commercial center and one of the fastest growing cities in the world, Dar es Salaam is a key gateway for unlocking international trade and investment in Tanzania with immense potential to create jobs and economic prosperity for citizens in both countries.

    – on behalf of U.S. Embassy in Tanzania.

    MIL OSI Africa

  • MIL-OSI United Kingdom: Scheme helping SMEs grow has just got bigger

    Source: Anglia Ruskin University

    A fully-funded programme for managers of small and medium-sized enterprises (SMEs) in the East of England is expanding to help more businesses to grow.

    The 12-week Help to Grow: Management programme is designed to connect ambitious SME leaders with leading academics and experienced business professionals.

    Through interactive workshops, peer networking opportunities, and dedicated one-on-one mentoring, participants gain practical tools aimed at boosting operational efficiency and elevating business performance.

    The course focuses on crucial business areas, including leadership and strategy; marketing and international markets; financial management; and employee engagement.

    The programme also integrates participants into a network of over 140 successful alumni who continue to benefit from ongoing connections and shared experiences.

    The course is 90% Government-funded and is delivered by Anglia Ruskin University (ARU) in Cambridge and Chelmsford. ARU is now offering a fully-funded bursary to cover the remaining 10% of costs for eligible businesses, making the course available free to participants upon successful completion.

    “The Help to Grow programme is instrumental in equipping business owners with the essential knowledge and skills needed for sustainable growth and innovation. We are delighted to expand its reach, further strengthening our commitment to supporting the regional business community and fostering a vibrant alumni network.”

    Fiona McGonigle, Programme Manager and Business Engagement and Innovation Lead at ARU

    “This unique programme helps share cutting-edge business models and novel research findings from academia directly to business executives. Our goal is to improve their enterprise innovation, profitability, and overall growth strategies.”

    Dr Frank Nyame-Asiamah, Director of the Help to Grow: Management programme at ARU

    The next course begins in Cambridge on 19 September 2025, with an additional cohort starting in Chelmsford on 9 January 2026.

    For more information, contact [email protected]

    MIL OSI United Kingdom

  • MIL-OSI Asia-Pac: President Lai meets cross-party Irish Oireachtas delegation

    Source: Republic of China Taiwan

    Details
    2025-07-22
    President Lai meets official delegation from European Parliament’s Special Committee on the European Democracy Shield
    On the morning of July 22, President Lai Ching-te met with an official delegation from the European Parliament’s Special Committee on the European Democracy Shield (EUDS). In remarks, President Lai thanked the committee for choosing to visit Taiwan for its first trip to Asia, demonstrating the close ties between Taiwan and Europe. President Lai emphasized that Taiwan, standing at the very frontline of the democratic world, is determined to protect democracy, peace, and prosperity worldwide. He expressed hope that we can share our experiences with Europe to foster even more resilient societies. A translation of President Lai’s remarks follows: Firstly, on behalf of the people of Taiwan, I extend a warm welcome to your delegation, which marks another official visit from the European Parliament. The Special Committee on the EUDS aims to strengthen societal resilience and counter disinformation and hybrid threats. Having been constituted at the beginning of this year, the committee has chosen to visit Taiwan for its first trip to Asia, demonstrating the close ties between Taiwan and Europe and the unlimited possibilities for deepening cooperation on issues of concern. I am also delighted to see many old friends of Taiwan gathered here today. I deeply appreciate your longstanding support for Taiwan. Taiwan and the European Union enjoy close trade and economic relations and share the values of freedom and democracy. However, in recent years, we have both been subjected to information manipulation and infiltration by foreign forces that seek to interfere in democratic elections, foment division in our societies, and shake people’s faith in democracy. Taiwan not only faces an onslaught of disinformation, but also is the target of gray-zone aggression. That is why, after taking office, I established the Whole-of-Society Defense Resilience Committee at the Presidential Office, with myself as convener. The committee is a platform that integrates domestic affairs, national defense, foreign affairs, cybersecurity, and civil resources. It aims to strengthen the capability of Taiwan’s society to defend itself against new forms of threat, pinpoint external and internal vulnerabilities, and bolster overall resilience and security. The efforts that democracies make are not for opposing anyone else; they are for safeguarding the way of life that we cherish – just as Europe has endeavored to promote diversity and human rights. The Taiwanese people firmly believe that when our society is united and people trust one another, we will be able to withstand any form of authoritarian aggression. Taiwan stands at the very frontline of the democratic world. We are determined to protect democracy, peace, and prosperity worldwide. We also hope to share our experiences with Europe and deepen cooperation in such fields as cybersecurity, media literacy, and societal resilience. Thank you once again for visiting Taiwan. Your presence further strengthens the foundations of Taiwan-Europe relations. Let us continue to work together to uphold freedom and democracy and foster even more resilient societies. EUDS Special Committee Chair Nathalie Loiseau then delivered remarks, saying that the delegation has members from different countries, including France, Germany, the Czech Republic, Poland, and Belgium, and different political parties, but that they have in common their desire for stronger relations between the EU and Taiwan. Committee Chair Loiseau stated that the EU and Taiwan, having many things in common, should work more together. She noted that we have strong trade relations, strong investments on both sides, and strong cultural relations, while we are also facing very similar challenges and threats. She said that we are democracies living in a world where autocracies want to weaken and divide democracies. She added that we also face external information manipulation, cyberattacks, sabotage, attempts to capture elites, and every single gray-zone activity that aims to divide and weaken us. Committee Chair Loiseau pointed out another commonality, that we have never threatened our neighbors. She said that we want to live in peace and we care about our people; we want to defend ourselves, not to attack others. We are not being threatened because of what we do, she emphasized, but because of what we are; and thus there is no reason for not working more together to face these threats and attacks. Committee Chair Loiseau said that Taiwan has valuable experience and good practices in the area of societal resilience, and that they are interested in learning more about Taiwan’s whole-of-society approach. They in Europe are facing interference, she said, mainly from Russia, and they know that Russia inspires others. She added that they in the EU also have experience regulating social media in a way which combines freedom of expression and responsibility. In closing, the chair said that they are happy to have the opportunity to exchange views with President Lai and that the European Parliament will continue to strongly support relations between the EU and Taiwan. The delegation also included Members of the European Parliament Engin Eroglu, Tomáš Zdechovský, Michał Wawrykiewicz, Kathleen Van Brempt, and Markéta Gregorová.

    Details
    2025-07-17
    President Lai meets President of Guatemalan Congress Nery Abilio Ramos y Ramos  
    On the morning of July 17, President Lai Ching-te met with a delegation led by Nery Abilio Ramos y Ramos, the president of the Congress of the Republic of Guatemala. In remarks, President Lai thanked Congress President Ramos and the Guatemalan Congress for their support for Taiwan, and noted that official diplomatic relations between Taiwan and Guatemala go back more than 90 years. As important partners in the global democratic community, the president said, the two nations will continue moving forward together in joint defense of the values of democracy and freedom, and will cooperate to promote regional and global prosperity and development. A translation of President Lai’s remarks follows:  I recall that when Congress President Ramos visited Taiwan in July last year, he put forward many ideas about how our countries could promote bilateral cooperation and exchanges. Now, a year later, he is leading another cross-party delegation from the Guatemalan Congress on a visit, demonstrating support for Taiwan and continuing to help deepen our diplomatic ties. In addition to extending a sincere welcome to the distinguished delegation members who have traveled so far to be here, I would also like to express our concern and condolences for everyone in Guatemala affected by the earthquake that struck earlier this month. We hope that the recovery effort is going smoothly. Official diplomatic relations between Taiwan and Guatemala go back more than 90 years. In such fields as healthcare, agriculture, education, and women’s empowerment, we have continually strengthened our cooperation to benefit our peoples. Just last month, Guatemala’s President Bernardo Arévalo and the First Lady led a delegation on a state visit to Taiwan. President Arévalo and I signed a letter of intent for semiconductor cooperation, and also witnessed the signing of cooperation documents to establish a political consultation mechanism and continue to promote bilateral investment. This has laid an even sounder foundation for bilateral exchanges and cooperation, and will help enhance both countries’ international competitiveness. Taiwan is currently running a semiconductor vocational training program, helping Guatemala cultivate semiconductor talent and develop its tech industry, and demonstrating our determination to share experience with democratic partners. At the same time, we continue to assist Taiwanese businesses in their efforts to develop overseas markets with Guatemala as an important base, spurring industrial development in both countries and increasing economic and trade benefits. I want to thank Congress President Ramos and the Guatemalan Congress for their continued support for Taiwan’s international participation. Representing the Guatemalan Congress, Congress President Ramos has signed resolutions in support of Taiwan, and has also issued statements addressing China’s misinterpretation of United Nations General Assembly Resolution 2758. Taiwan and Guatemala, as important partners in the global democratic community, will continue moving forward together in joint defense of the values of democracy and freedom, and will cooperate to promote regional and global prosperity and development. Congress President Ramos then delivered remarks, first noting that the members of the delegation are not only from different parties, but also represent different classes, cultures, professions, and departments, which shows that the diplomatic ties between Guatemala and the Republic of China (Taiwan) are based on firm friendships at all levels and in all fields. Noting that this was his second time to visit Taiwan and meet with President Lai, Congress President Ramos thanked the government of Taiwan for its warm hospitality. With the international situation growing more complex by the day, he said, Guatemala highly values its longstanding friendship and cooperative ties with Taiwan, and hopes that both sides can continue to deepen their cooperation in such areas as the economy, technology, education, agriculture, and culture, and work together to spur sustainable development in each of our countries. Congress President Ramos said that the way the Taiwan government looks after the well-being of its people is an excellent model for how other countries should promote national development and social well-being. Accordingly, he said, the Guatemalan Congress has stood for justice and, for a second time, adopted a resolution backing Taiwan’s participation in the World Health Assembly. Regarding President Arévalo’s state visit to Taiwan the previous month, Congress President Ramos commented that this high-level interaction has undoubtedly strengthened the diplomatic ties between Taiwan and Guatemala and led to more opportunities for cooperation. Congress President Ramos emphasized that democracy, freedom, and human rights are universal values that bind Taiwan and Guatemala together, and that he is confident the two countries’ diplomatic ties will continue to grow deeper. In closing, on behalf of the Republic of Guatemala, Congress President Ramos presented President Lai with a Chinese translation of the resolution that the Guatemalan Congress proposed to the UN in support of Taiwan’s participation in international organizations, demonstrating the staunch bonds of friendship between the two countries. The delegation was accompanied to the Presidential Office by Guatemala Ambassador Luis Raúl Estévez López.  

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

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

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

    Details
    2025-05-20
    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: US Payday Loans Online No Credit Check : RadCred Expands Bad Credit Loans for a Credit Score of 580 or lower for US Borrowers

    Source: GlobeNewswire (MIL-OSI)

    Glendale, July 22, 2025 (GLOBE NEWSWIRE) — While many so‑called online loans no credit check sites have disappeared in the past year, Google Trends now places “payday loans online no credit check” and “online payday loans for bad credit” among the fastest‑rising finance queries of 2025. In this climate, RadCred has secured its position as the most dependable payday loan marketplace for borrowers with scores 580 or below

    Independent analytics firms rank the platform first for visitor volume in the same‑day loans category, and consumer‑finance reviewers highlight RadCred’s soft‑pull pre‑qualification, transparent APR tables, and rapid ACH funding that can rival “1 hour payday loans no credit check” advertising claims. 

    By curating only state‑licensed and tribal direct lenders, RadCred delivers legitimate access to $255 payday loans online same day, small payday loans online no credit check, and other emergency‑cash products without exposing applicants to predatory rollover fees. In short, RadCred remains the rare, fully compliant bridge between heightened demand for bad credit payday loan options and a shrinking field of trustworthy providers.

    Growing Demand for Payday Loans Online and Bad‑Credit Loans Across the U.S

    Inflation, gig‑economy volatility, and tightening bank credit have pushed more Americans toward payday loans and other online loans for bad credit. Google Trends shows surging queries for “$255 payday loans online same day,” “payday loan online no credit check,” and “direct lenders only.”

    The Federal Reserve’s 2024 SHED survey reports that 60 percent of adults cannot cover a $400 emergency without borrowing or selling assets. Sub‑prime borrowers now turn to no credit payday loans search results hoping to avoid multiple denials.

    Visit the Official Radcred Site

    Payday Loans vs. Personal Installment Loans for a 580 Credit Score

    A bad credit payday loan typically requires repayment in a single lump sum on the borrower’s next payday, whereas a personal installment loan splits costs over three to 24 months. Both can originate entirely online, start with a no credit check loans style soft pull, and through RadCred come from state‑licensed direct lenders. Borrowers compare total repayment to decide whether a fast payday loans online same day option or a longer installment schedule better fits their budget.

    How RadCred Routes Borrowers to Online Payday Loans for Bad Credit

    1. Soft‑Inquiry Pre‑Screen – No hard pull to preview offers.
    2. Licensing Filter – Only compliant lenders appear.
    3. Smart‑Match Engine – Scores wages, benefits, gig deposits.
    4. Offer Display – APR, fees, funding speed (including same day loans).
    5. E‑Sign & Fund – Can deposit within hours for approved requests like small payday loans online no credit check seekers.

    Soft Pull vs. “No Credit Check” and “Guaranteed Approval” Claims

    Advertising copy frequently touts phrases such as “online loans no credit check,” “payday loans online no credit check,” and “guaranteed approval.” In a regulated environment, however, licensed lenders must still conduct due‑diligence reviews and cannot offer unconditional acceptance. RadCred therefore provides explicit clarification. Each application commences with a soft credit inquiry often marketed as a no credit check step so preliminary shopping does not affect an applicant’s FICO score. 

    Should an individual proceed with an offer, the relevant direct lender may execute a hard inquiry or request income documentation to substantiate repayment capacity. Consequently, the expression “guaranteed approval” should be interpreted as indicating a high preliminary match probability for qualified borrowers, rather than an assurance of funding.

    Who Uses Radcred Payday Loans Online Same Day in 2025?

    Internal RadCred analytics indicate that the predominant users of the platform are adults between 22 and 45 years of age, many of whom derive income from gig‑economy or part‑time positions and possess either sub‑prime scores or thin credit files. These applicants typically request modest principal amounts most frequently between $255 and $500 to address urgent obligations such as rent or utility arrears. Their search queries feature terms like “online payday loans for bad credit and “same‑day loans” when expenses arise before payday.

    Step‑by‑Step: Applying Without Hurting Your Credit Score

    1. Check credit files.
    2. Pre‑qualify on RadCred with a soft pull.
    3. Compare offers, including APR on online payday loans and small personal loans.
    4. Upload pay stub or bank screenshot.
    5. E‑sign disclosures.
    6. Receive ACH funds—sometimes in under an hour.
    7. Repay on schedule; many lenders waive early‑pay fees.

    RadCred vs. Traditional Payday Stores

    Heading to a storefront lender still means driving across town, waiting in line, filling out forms by hand, and writing a post‑dated check not ideal when payday loans online or same‑day loans can be requested from your phone in minutes. Miss the lump‑sum due date and renewal fees snowball fast. The fine print usually shows up only at the counter, and every fresh application can trigger a hard credit inquiry that drops an already low score. Long lines, short business hours, and paper receipts add more hassle, while many single‑location shops never post full APR tables or meet modern data‑security standards.

    RadCred brings the whole process online. A simple, mobile‑friendly form grabs basic details, runs a soft‑credit check often marketed as an online loan no credit check step—and instantly lists state‑licensed offers from direct lenders only with clear APR, fees, and total repayment. Funds move by ACH, so approved same‑day payday loans can land in a checking account within hours no lines, no paper checks. AES‑256 encryption and SOC‑2‑audited servers protect personal data, while a ZIP‑code filter screens out unlicensed lenders.

    Borrowers get quicker, safer access to transparent payday loans online for bad credit and small payday loans online no credit check with minimal impact on their credit scores.

    Frequently Asked Questions

    What APR can I expect with a 580 credit score?
    State caps vary; payday APRs can exceed 200 %, while installment loans via RadCred may start near 35 %.

    Can I get a no credit payday loan truly without a hard inquiry?
    A hard pull may still occur after you accept an offer.

    How fast do same‑day payday loans fund?
    Cut‑off‑time approvals may post within hours, but next‑day deposits are common.

    Are there online loans no credit check for larger amounts?
    Bigger sums usually require at least a soft pull and sometimes collateral or co‑signers.

    Will paying a payday loan on time improve my score?
    Only if the lender reports to at least one bureau.

    Conclusion

    RadCred’s refreshed marketplace converts stressful “loan denied” searches into side‑by‑side comparisons of payday loans online, payday loans online same day, and installment alternatives. After a simple soft credit pull as online loans no credit check—the platform displays only licensed, direct‑lender offers, complete with APR and total‑repay figures. Funding speeds can rival promises like “1 hour payday loans no credit check” or “$255 payday loans online same day,” yet borrowers see transparent, clearly disclosed terms before signing. Consumers with credit scores 580 or below gain responsible access to same‑day loans, bad credit payday loan options, and emergency cash without predatory rollover traps.

    About RadCred

    Founded in 2018, RadCred connects applicants to a vetted network of state‑licensed and tribal lenders offering online loans from $255 payday loans online same day to $5,000 installment plans. The platform uses income‑first underwriting, encrypted data handling, and clear cost disclosures to expand small‑dollar credit for underserved Americans.

    Disclaimer

    RadCred is not a lender. Loan approval, APR, fees, amount, and funding speed are set by participating lenders and governed by applicable law. Preliminary offers use a soft inquiry; a hard pull may follow acceptance. Availability varies by state. Borrow responsibly—only what you can repay.

    The MIL Network

  • MIL-OSI Europe: July results of the Bank Lending Survey in Germany | Demand continued to rise in all loan categories

    Source: Deutsche Bundesbank

    The German banks responding to the Bank Lending Survey (BLS) tightened their credit standards for loans to enterprises and loans to households in the second quarter of 2025. Increased credit risk and lower risk tolerance were the rationale behind the tightening.
    The surveyed banks barely changed their credit terms and conditions for loans to enterprises and loans to households for house purchase. For consumer credit and other lending to households, they tightened credit terms and conditions on balance.
    Loan demand continued to rise in all loan categories; the demand for loans to enterprises increased more strongly than in previous quarters.
    The non-performing loans (NPL) ratio and other indicators of credit quality had a tightening impact on banks’ credit standards, terms and conditions in all loan categories under review.
    Owing to climate-related risks and measures to cope with climate change, the past twelve months saw banks tighten their credit standards for “brown” firms and firms in transition. In the case of loans to households for house purchase, credit standards for loans for buildings with poor energy performance also became more restrictive.

    The BLS covers three loan categories: loans to enterprises, loans to households for house purchase, and consumer credit and other lending to households. On balance, the surveyed banks tightened their credit standards (i.e. their internal guidelines or loan approval criteria) for loans to enterprises and loans to households. The net share of banks that tightened their standards stood at + 3 % for loans to enterprises (compared with + 3 % in the previous quarter). Credit standards for loans to enterprises were tightened only for small and medium-sized enterprises. The banks tightened credit standards for loans to households for house purchase by + 11 % in net terms (compared with − 7 % in the previous quarter) and for consumer credit and other lending to households by + 11 % in net terms (compared with 0 % in the previous quarter). Banks tightened their credit standards for all reported loan categories to a lesser extent than they had planned in the previous quarter. 
    The rationale given by the banks for the marginal tightening of credit standards for loans to enterprises was elevated credit risk owing to the gloomier economic situation and the economic outlook. The banks cited a decrease in their risk tolerance as the main reason for tightening their credit standards for loans to households. In addition, a decline in households’ creditworthiness had a restrictive impact on consumer credit and other lending. For the third quarter of 2025, banks are planning to ease their credit standards for loans to enterprises. As regards loans to households, they expect to tighten credit standards again if borrowers’ credit quality continues to deteriorate.

    Changes in credit standards for loans to enterprises and contributing factors

    On aggregate, banks made hardly any changes to their credit terms and conditions (i.e. the terms and conditions actually approved as laid down in the loan contract) for loans to enterprises and loans to households for house purchase. For consumer credit and other lending to households, they tightened credit terms and conditions on balance. The banks justified these adjustments primarily on the grounds of their reduced risk tolerance and an increase in credit risk.
    The surveyed banks reported that demand for bank loans in Germany had risen on balance in all loan categories in the second quarter of 2025. The increase in demand exceeded the banks’ expectations from the previous quarter in all surveyed business areas. Demand for loans to enterprises rose more strongly than in previous quarters. The banks cited an increase in financing needs for fixed investment as well as for inventories and working capital as the reason. In both cases, this was the first time in a year that banks reported moderate growth in funding needs again. In addition, the general level of interest rates also contributed to the increase in demand. According to the surveyed banks, the renewed significant rise in demand for loans to households for house purchase was due mainly to households’ positive view of the outlook on the housing market and the lower level of interest rates. Banks put the rise in households’ demand for consumer credit and other lending down to improved consumer confidence and an increase in purchases of durable consumer goods. The loan rejection rate for loans to enterprises went up again, primarily for loan requests and applications from small and medium-sized enterprises. The rejection rate also increased for consumer credit and other lending to households, but remained unchanged for loans for house purchase. For the third quarter of 2025, banks are expecting to see demand increase further across all three loan categories. For loans to enterprises, banks are expecting positive impetus from domestic economic policy but at the same time a dampening impact from the global political situation.

    Change in demand for loans to enterprises and contributing factors

    The July survey round contained ad hoc questions on participating banks’ financing conditions and about the impact of NPLs and other indicators of credit quality on the institutions’ lending policies. It also contained a question on their credit standards, terms and conditions, and on demand for loans across the main economic sectors. In addition, for the third time, BLS banks were surveyed on the impact of climate change and climate-related measures on bank lending. They were asked to report on the impact for “green” firms (firms that do not contribute or contribute little to climate change), firms in transition (firms that contribute to climate change, which are making relevant progress in the transition), and “brown” firms (firms that contribute strongly to climate change, which have not yet started or have so far made only little progress in the transition). This question was expanded for the first time to include a question on the impact of climate change and climate-related measures in connection with loans to households for house purchase. Another ad hoc question assessed the impact of excess liquidity on bank lending.
    Given the conditions in financial markets, German banks reported that their funding situation had improved slightly compared with the previous quarter. 
    In the second quarter of 2025, the NPL ratio (the stock of gross NPLs on the bank’s balance sheet as a percentage of the gross carrying amount of loans) and other indicators of credit quality, owing to their size, had a restrictive impact on credit standards, terms and conditions for loans to enterprises and loans to households. For the third quarter of 2025, the banks are expecting this credit quality-driven restrictive effect to continue. Credit standards for loans to enterprises were tightened most sharply over the past six months in the (commercial) real estate and manufacturing sectors. However, credit standards were also tightened for all other sectors surveyed, with the exception of services. For the next six months, banks are not expecting to make any noteworthy adjustments to credit standards in any of the economic sectors, the first time they have reported this for quite some time.
    Climate-related risks and measures to cope with climate change have had a restrictive impact on credit standards for loans to enterprises over the past twelve months. The more the enterprises contributed to climate change, the greater that impact was. The effects of climate change had a restrictive impact on credit terms and conditions, especially those for loans to “brown” firms. The effect was expansionary, on the other hand, for loans to “green” firms. Over the next twelve months, banks expect climate change to ease their credit standards, terms and conditions for “green” firms. They are expecting climate change to have a further restrictive impact on their credit standards, terms and conditions for loans to other enterprises. At the same time, the effects of climate change, taken in isolation, stimulated loan demand from “green” firms and firms in transition. By contrast, climate change and climate policy had no impact on loan demand from “brown” firms. For the next twelve months, banks are expecting to see climate change stimulate demand for loans irrespective of firms’ classification.
    In the case of loans to households for house purchase, credit standards for loans for buildings with poor energy performance were tightened. By contrast, for loans for buildings with high or reasonably good energy performance, climate-related risks and measures to cope with climate change had no notable impact on credit standards. Over the next twelve months, banks expect this adjustment of credit standards, which is dependent on buildings’ energy performance, to continue. At the same time, climate-related factors, especially investment in the energy performance of buildings, in isolation, stimulated demand for loans for buildings with high or reasonably good energy performance. By contrast, demand for loans for buildings with poor energy performance remained unaffected by climate-related factors. Over the next twelve months, banks expect rising demand for loans for buildings with high energy performance and declining loan demand for buildings with poor energy performance.
    The banks do not see developments in excess liquidity held with the Eurosystem as having had any impact on bank lending over the past six months. By their account, that is unlikely to change in the next six months. 
    The Bank Lending Survey, which is conducted four times a year, took place between 13 June and 1 July 2025. In Germany, 33 banks took part in the survey, with a response rate of 100 %.

    Changes in credit standards for loans to enterprises across main economic sectors

    Changes in credit standards for loans to households for house purchases and contributing factors

    Change in demand for loans to households for house purchase and contributing factors

    Time series credit standards
    Loans to enterprises
    Loans to households for house purchase
    Consumer credit and other lending to households

    MIL OSI

    MIL OSI Europe News

  • MIL-OSI Asia-Pac: Inland Revenue Department launches three new tax portals under eTAX

    Source: Hong Kong Government special administrative region – 4

         The Inland Revenue Department (IRD) launched three new tax portals under eTAX today (July 22), namely the Individual Tax Portal (ITP), Business Tax Portal (BTP) and Tax Representative Portal (TRP), to further enhance the efficiency and user experience of electronic tax services.

         An IRD spokesman said, “The IRD is committed to promoting tax digitalisation and has been upgrading electronic tax services to provide convenience to taxpayers and enhance the efficiency, reliability and accuracy of return filing. The three new tax portals provide electronic tax services to individuals, businesses, and tax service agents respectively, allowing them to handle tax matters conveniently and efficiently.”

         The ITP offers a centralised platform for users to manage their personal tax matters, providing functions such as tax return filing, personal particulars updates and viewing of tax positions. Individual users may also use the ITP on their mobile devices anytime, anywhere via the “eTAX” mobile application launched by the IRD today.

         The BTP is specifically designed for businesses to handle tax matters and compliance obligations electronically, including tax return filing and business registration.

         The TRP caters to tax service agents (tax representatives, company secretaries and other tax service providers) to facilitate them in managing clients’ tax matters, including tax return filing and compliance tracking.

         “Profiles of existing eTAX users have been migrated to the ITP. They can use their registered information to log into the ITP. Businesses and service agents are encouraged to open an eTAX account as early as possible to handle tax matters electronically through the BTP and TRP in a safe, convenient and environmentally friendly way,” the spokesman said.

         Details about the three new tax portals are available on the IRD’s website.

    MIL OSI Asia Pacific News

  • MIL-OSI Analysis: South Africa’s police serve the ANC insiders, not the people: here’s how it happened

    Source: The Conversation – Africa (2) – By Ivor Chipkin, Professional Professor, GIBS, University of Pretoria

    After South Africa’s first democratic elections in 1994, there was significant optimism about police reform in the country. Impressive steps were taken to bring the South African Police Service under civilian control and to create a service responsive to calls for assistance from the public.

    During the apartheid period, South Africa’s police worked to preserve the political order and pursue political opponents. It did not focus on dealing with crime. This is why the achievements of the 1990s are so important. For the first time, black South Africans could call upon officers to respond to personal emergencies. This period also saw a drop in crime levels.

    However, this promising early transformation was interrupted. The appointment of Jackie Selebi as national police commissioner in 2000 heralded a new era. Selebi was an African National Congress (ANC) insider. The ANC originated as a liberation movement and has governed the country since 1994.

    Selebi had served as the head of the ANC’s Youth League in the 1980s, when it was banned. In 1987 he was appointed to the organisation’s national executive committee, its highest decision-making organ.

    His appointment as police commissioner was the start of significant change in the purpose of policing. It marked the end of the focus on civilian control of the police force and prosecuting authorities. As an ANC insider, Selebi led efforts to establish party control over the police.

    This politicisation gained momentum over the next two decades. In the early years it was exemplified by the suspension of the head of the National Prosecuting Authority, Advocate Vusi Pikoli,, by then president Thabo Mbeki, amid corruption allegations against Selebi himself.

    Other telling developments ensued. The Scorpions were disbanded in 2009 by acting president Kgalema Motlanthe. The unit’s job was to pursue high-profile cases against senior ANC politicians (among others).

    The police became increasingly entangled in the ANC’s internal political conflicts. At the same time the office of the national police commissioner experienced high turnover due to intense political manoeuvring. Between 2009 and 2022, there were seven national commissioners.

    Recent developments have once again brought the intermingling of police work and power battles in the ANC to the fore. In early July 2025, Lieutenant General Nhlanhla Mkhwanazi, the commissioner of police in the province of KwaZulu-Natal, made some startling claims. He called a press conference and, wearing camouflage uniform, he implicated the minister of police, Senzo Mchunu, together with the deputy national commissioner for crime detection, in a scheme to close down investigations into political assassinations in the province.

    President Cyril Ramaphosa rushed back from a meeting of the Brics countries in Brazil to attend to the matter. He announced that the police minister had been placed on leave with immediate effect. He also announced a judicial inquiry into the allegations.

    I have conducted research into South Africa’s security apparatus over the last decade. Based on this work, and new research forthcoming in the Journal of Southern African Studies done with Jelena Vidojevic, co-founder of the New South Institute, it is clear that elite contestation in the ANC is intensifying.

    In other words, the ability of internal party structures to manage gatekeeping is declining. Many of the people involved are indifferent or even hostile to South Africa’s democratic and constitutional order.

    As the ability of some political elites to access state resources through the party declines, some are linked with organised criminal networks. Organised crime has been on the edges of South African politics. It now risks taking a more central role.

    In this environment, the police service will often be the thin (blue) line between multiparty contestation according to constitutional rules and the criminalisation of politics in South Africa.

    The shift

    Large organisational changes within the police vividly illustrate this shift away from its core function.

    The Visible Policing programme was meant to meant to deter crime through patrols, checkpoints and roadblocks. But, instead, there was a steady decline in resource allocation. Employee numbers dropped between 2015 and 2021.

    Detective services and crime intelligence also experienced such declines.

    Conversely, employee numbers in the Protection and Security Services programme, responsible for providing bodyguards to politicians, increased sharply between 2014 and 2016.

    Evidence heard by the commission of inquiry into state capture suggested that some officers and budgets in the service were even used to supply President Jacob Zuma and other politicians with what amounted to a private militia.

    This reorientation of resources coincided with a rise in crime across the country, a decline in arrests by 24.5%, and a drop in the police’s efficacy in solving crimes.

    Furthermore, a politicised police leadership effectively stopped policing various categories of crime. This was particularly true of offences like fraud, corruption, and certain types of theft, and particularly when politically connected persons were involved.

    The state capture commission heard extensive evidence about the failure of the police to pursue politically sensitive investigations. Investigations into senior officials were frequently frustrated or impeded, and cases at state-owned enterprises were abandoned.

    This shows how police resources were actively redirected as weapons of elite competition, pursuing political enemies and protecting allies within the ruling party.

    Mkhwanazi’s claims, if substantiated, suggest that this political policing remains entrenched.

    What now?

    Ramaphosa has announced the appointment of Firoz Cachalia as the acting minister of police. Cachalia, a well regarded legal academic, served as ANC minister for community safety. Between 2019 and 2022 he was part of the ANC’s national executive committee.

    His appointment raises serious questions.

    If the core problem with the police is that it has become embroiled in ANC internal politics, having an ANC insider head the ministry of police (even if only on an acting basis) threatens only to compound the problem.

    Moreover, South Africans have already witnessed a long and expensive judicial inquiry into state capture. And despite extensive evidence of police failure to pursue politically sensitive investigations, nothing concrete has come of it.

    How likely is it that this new initiative will be any different, especially if those investigating it and presiding over key institutions are themselves ANC insiders?

    To depoliticise the police service and redirect its attention and activities towards crime and emergencies, a crucial first step is to reconsider the appointment processes for the national police commissioner and other top managers.

    Under the current system the president has sole discretion. This bakes party-political considerations into the decision-making process.

    Without structural changes, genuine democratic policing will remain an elusive ideal.

    In 2024/25 the murder rate in South Africa stood at 42 per 100,000, among the highest in the world and close to levels not seen since the early 2000s.

    At the very least, the minister of police must not be an ANC insider. Democratic renewal in South Africa requires bringing the police firmly under parliamentary control.

    Ivor Chipkin teaches public policy at the Gordon Institute of Business Science (GIBS) at the University of Pretoria. He is the director of the New South Institute.

    ref. South Africa’s police serve the ANC insiders, not the people: here’s how it happened – https://theconversation.com/south-africas-police-serve-the-anc-insiders-not-the-people-heres-how-it-happened-261301

    MIL OSI Analysis

  • MIL-OSI United Kingdom: National security powers to be updated to reduce the burden on businesses

    Source: United Kingdom – Executive Government & Departments

    Press release

    National security powers to be updated to reduce the burden on businesses

    Investment security rules under the National Security and Investment (NSI) Act 2021 will be simplified to ease the burden on businesses as part of the Plan for Change.

    • Plans to reduce unnecessary red tape for businesses by ensuring mandatory notifications are no longer needed for certain internal reorganisations and the appointment of liquidators 
    • New consultation will put businesses at the heart of potential changes to the sectors facing the greatest scrutiny by the government’s investment security powers
    • Semiconductors, Critical Minerals carved out into standalone sectors and Water to be considered for addition to list of sensitive sectors 
    • NSIA Annual Report shows just 4.5% of notifications were called in for review, with the vast majority cleared to proceed in 30 days  

    Investment security rules under the National Security and Investment (NSI) Act 2021 will be simplified to ease the burden on businesses as part of the Plan for Change. 

    The changes, currently being developed, will when they come into force reduce unnecessary bureaucracy for businesses, no longer requiring them to notify the Cabinet Office’s Investment Security Unit when undertaking certain types of internal reorganisations or appointing liquidators, special administrators and official receivers. 

    Analysis has shown these types of transactions rarely warrant investigation. Simplifying the rules will ease the regulatory burden and help the government focus its attention on the deals presenting greater risk to national security.

    Chancellor of the Duchy of Lancaster, Pat McFadden said: 

    The government has been clear about our ambition to cut red tape for businesses, while taking firm action to protect national security as we deliver the Plan for Change. 

    Data shows our investment security powers are working well, but there’s more we can do to ensure our tool kit keeps pace with the modern economy. We’re taking action to hone the type of transactions facing the greatest scrutiny, as well as consulting on updates to the sectors of the economy specified in the legislation. Businesses are at the heart of these plans and I look forward to engaging widely in the weeks ahead.

    The announcement comes as the government also publishes a new consultation—due to launch on 22 July and conclude on 14 October—-on separate plans to update the sectors of the economy subject to greater scrutiny under the National Security and Investment Act 2021. 

    Acquirers of businesses operating in seventeen sensitive sectors must currently notify the Investment Security Unit about relevant acquisitions before the deal can be completed. These sectors were first defined in 2021 and have not been updated since. 

    Building on business feedback, and to improve clarity and bring the sectors up to date with the latest economic and technological developments, the government is proposing creating new standalone categories for Semiconductors and Critical Minerals, which currently fall under the Advanced Materials sector. Computing Hardware, which is currently a standalone sector, would move under the Semiconductors sector. 

    Pat McFadden has also requested businesses’ views on bringing certain deals in the water sector into scope of the NSI Act’s mandatory notification requirements. This new requirement, while not expected to affect large numbers of deals, reflects increasing risks to the sector’s resilience in a growing threat landscape.

    Alongside the reforms and consultation, the Cabinet Office is also publishing the National Security and Investment Act Annual Report. This sets out the Investment Security Unit’s activity between 2024-2025. 

    It shows that the government saw an increase in the number of notifications received year on year, rising from 906 to 1,143.

    Similar to last year, only 4.5% of notified acquisitions reviewed were called in for further assessment, with the vast majority of businesses notified within 30 working days that no further action would be taken.

    The government issued 17 final orders: 16 allowing the acquisitions to proceed subject to conditions and one requiring divestment. 

    Like last year, the largest proportion of notifications involved acquisitions in the Defence, Critical Suppliers to Government and Military & Dual Use areas of the economy, and acquirers associated with the UK, followed by the US. 

    Of the 17 final orders issued, the largest number involved acquirers associated with the UK, followed by acquirers associated with China and acquirers associated with the USA. Defence and Military & Dual Use acquisitions also accounted for the largest number of final orders.

    Updates to this page

    Published 22 July 2025

    MIL OSI United Kingdom

  • MIL-OSI Asia-Pac: President Lai meets official delegation from European Parliament’s Special Committee on the European Democracy Shield

    Source: Republic of China Taiwan

    Details
    2025-07-17
    President Lai meets President of Guatemalan Congress Nery Abilio Ramos y Ramos  
    On the morning of July 17, President Lai Ching-te met with a delegation led by Nery Abilio Ramos y Ramos, the president of the Congress of the Republic of Guatemala. In remarks, President Lai thanked Congress President Ramos and the Guatemalan Congress for their support for Taiwan, and noted that official diplomatic relations between Taiwan and Guatemala go back more than 90 years. As important partners in the global democratic community, the president said, the two nations will continue moving forward together in joint defense of the values of democracy and freedom, and will cooperate to promote regional and global prosperity and development. A translation of President Lai’s remarks follows:  I recall that when Congress President Ramos visited Taiwan in July last year, he put forward many ideas about how our countries could promote bilateral cooperation and exchanges. Now, a year later, he is leading another cross-party delegation from the Guatemalan Congress on a visit, demonstrating support for Taiwan and continuing to help deepen our diplomatic ties. In addition to extending a sincere welcome to the distinguished delegation members who have traveled so far to be here, I would also like to express our concern and condolences for everyone in Guatemala affected by the earthquake that struck earlier this month. We hope that the recovery effort is going smoothly. Official diplomatic relations between Taiwan and Guatemala go back more than 90 years. In such fields as healthcare, agriculture, education, and women’s empowerment, we have continually strengthened our cooperation to benefit our peoples. Just last month, Guatemala’s President Bernardo Arévalo and the First Lady led a delegation on a state visit to Taiwan. President Arévalo and I signed a letter of intent for semiconductor cooperation, and also witnessed the signing of cooperation documents to establish a political consultation mechanism and continue to promote bilateral investment. This has laid an even sounder foundation for bilateral exchanges and cooperation, and will help enhance both countries’ international competitiveness. Taiwan is currently running a semiconductor vocational training program, helping Guatemala cultivate semiconductor talent and develop its tech industry, and demonstrating our determination to share experience with democratic partners. At the same time, we continue to assist Taiwanese businesses in their efforts to develop overseas markets with Guatemala as an important base, spurring industrial development in both countries and increasing economic and trade benefits. I want to thank Congress President Ramos and the Guatemalan Congress for their continued support for Taiwan’s international participation. Representing the Guatemalan Congress, Congress President Ramos has signed resolutions in support of Taiwan, and has also issued statements addressing China’s misinterpretation of United Nations General Assembly Resolution 2758. Taiwan and Guatemala, as important partners in the global democratic community, will continue moving forward together in joint defense of the values of democracy and freedom, and will cooperate to promote regional and global prosperity and development. Congress President Ramos then delivered remarks, first noting that the members of the delegation are not only from different parties, but also represent different classes, cultures, professions, and departments, which shows that the diplomatic ties between Guatemala and the Republic of China (Taiwan) are based on firm friendships at all levels and in all fields. Noting that this was his second time to visit Taiwan and meet with President Lai, Congress President Ramos thanked the government of Taiwan for its warm hospitality. With the international situation growing more complex by the day, he said, Guatemala highly values its longstanding friendship and cooperative ties with Taiwan, and hopes that both sides can continue to deepen their cooperation in such areas as the economy, technology, education, agriculture, and culture, and work together to spur sustainable development in each of our countries. Congress President Ramos said that the way the Taiwan government looks after the well-being of its people is an excellent model for how other countries should promote national development and social well-being. Accordingly, he said, the Guatemalan Congress has stood for justice and, for a second time, adopted a resolution backing Taiwan’s participation in the World Health Assembly. Regarding President Arévalo’s state visit to Taiwan the previous month, Congress President Ramos commented that this high-level interaction has undoubtedly strengthened the diplomatic ties between Taiwan and Guatemala and led to more opportunities for cooperation. Congress President Ramos emphasized that democracy, freedom, and human rights are universal values that bind Taiwan and Guatemala together, and that he is confident the two countries’ diplomatic ties will continue to grow deeper. In closing, on behalf of the Republic of Guatemala, Congress President Ramos presented President Lai with a Chinese translation of the resolution that the Guatemalan Congress proposed to the UN in support of Taiwan’s participation in international organizations, demonstrating the staunch bonds of friendship between the two countries. The delegation was accompanied to the Presidential Office by Guatemala Ambassador Luis Raúl Estévez López.  

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

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

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

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

    Details
    2025-05-20
    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 Africa: Islamic Development Bank Institute and Prince Mohammed Bin Salman College of Business & Entrepreneurship Launch Entrepreneurial Mindset Development Program

    Source: APO


    .

    The Islamic Development Bank Institute (IsDBI) (www.IsDBInstitute.org) and Prince Mohammed Bin Salman College of Business & Entrepreneurship (MBSC) are pleased to announce the launch of the Entrepreneurial Mindset Development Flagship Program, as part of a strategic collaboration aimed at nurturing the next generation of innovative entrepreneurial leaders.

    The partnership reflects a shared vision to empower a new generation of entrepreneurs across IsDB Member Countries and Muslim communities worldwide, fostering sustainable growth through innovation, ethical business practices, and economic inclusion.

    Participants of the program will gain access to world-class faculty, diverse global perspectives, and peer learning opportunities, enabling them to build impactful networks and acquire actionable skills.

    The Entrepreneurial Mindset Development Flagship Program consists of three intensive modules, combining live online sessions with immersive in-person experiences at the MBSC campus in King Abdullah Economic City.

    In his comments on this occasion, Dr. Sami Al-Suwailem, Acting Director General, IsDB Institute, said, “Our strategic collaboration with MBSC is inspired by our commitment to innovation, sustainable development, and dynamic learning experiences.”

    For his part, Professor Zeger Degraeve, Executive Dean, MBSC, said, “Prince MBSC’s collaboration with the IsDB reflects our shared commitment to expanding opportunities and delivering credible world-class business education.”

    Learn more and apply to the Program here (http://apo-opa.co/3TTHsmv).

    Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

    Social media handles:
    X (Twitter): https://apo-opa.co/455iS7p
    Facebook:  https://apo-opa.co/4kJQPQx
    LinkedIn:  https://apo-opa.co/3UmQkRE

    About the Islamic Development Bank Institute:
    The Islamic Development Bank Institute (IsDBI) is the knowledge beacon of the Islamic Development Bank Group. Guided by the principles of Islamic economics and finance, the IsDB Institute leads the development of innovative knowledge-based solutions to support the sustainable economic advancement of IsDB Member Countries and various Muslim communities worldwide. The IsDB Institute enables economic development through pioneering research, human capital development, and knowledge creation, dissemination, and management. The Institute leads initiatives to enable Islamic finance ecosystems, ultimately helping Member Countries achieve their development objectives. More information about the IsDB Institute is available on https://IsDBInstitute.org

    MIL OSI Africa

  • MIL-OSI United Kingdom: Labour Market training on Machinery

    Source: Northern Ireland – City of Derry

    Labour Market training on Machinery

    16 July 2025

    Tuesday 15th July 2025

    The Derry Strabane Labour Market Partnership (LMP) is pleased to announce the launch of its new Plant Academy, an innovative programme designed to equip local residents with the essential skills for working with plant and machinery. Set to begin on July 10, the Academy will be delivered by McKinney’s Safety Centre.

    This initiative comes at a crucial time, as the Derry City and Strabane District Council area anticipates significant growth from incoming investments, including the Derry Strabane City Deal and other major construction and infrastructure developments. The Plant Academy will prepare participants for the new skills required to capitalise on these transformative opportunities.

    Funded by the Department for Communities, Labour Market Partnerships are designed to create targeted employment action plans for Council areas, fostering collaboration to support people into employment.

    Kevin O’Connor, Head of Business with Derry City and Strabane District Council, encouraging local participation in the Academy said: “This is a unique opportunity for our community to upskill and gain training that will directly assist them in securing upcoming jobs. Construction investment is a cornerstone for transformative progress in the Derry and Strabane region, from urban regeneration to sustainable housing projects, commercial ventures, and cutting-edge infrastructure. With significant growth anticipated in the construction sector, the need for skilled workers has never been greater. The Labour Market Partnership is working closely with local communities and statutory organisations to equip residents with the expertise required to seize current and upcoming employment opportunities.”

    The Plant Academy specifically targets residents of the Derry City and Strabane District Council area, focusing on developing in-demand skills within the plant and construction sectors. Participants will gain valuable certifications in areas such as dump truck operation, telehandler use, and roller driving. These practical training opportunities are carefully tailored to align with current industry needs, offering the potential for long-term employment prospects.

    Applicants must meet specific eligibility criteria to enrol. Those selected will access hands-on training designed to build foundational skills crucial for contributing to the region’s growing construction landscape. For further details about the Plant Academy or to inquire about eligibility, please contact Hazel at McKinney’s Safety Centre at [email protected].

    MIL OSI United Kingdom

  • MIL-OSI Economics: Samsung Enhances Mumbai Retail Presence with New Premium Experience Store in Andheri West

    Source: Samsung

     
    Samsung, India’s largest consumer electronics brand, has further solidified its premium retail presence with the opening of a new premium experience store at Lotus Trade Centre, Andheri West, Mumbai.
     
    Spanning 1,600 sq. ft., this expansive store serves as a comprehensive destination for customers to explore Samsung’s latest innovations and its seamlessly connected ecosystem, all in one place.
     
    Strategically located in one of Mumbai’s key retail and lifestyle hubs, the store features dedicated zones showcasing Samsung’s full range of Galaxy devices, including the latest smartphones, tablets, laptops, smartwatches, smart rings, and the advanced SmartThings ecosystem. With interactive displays and experiential zones, visitors can discover how Samsung technology enhances productivity, entertainment, wellness, and smart home automation for a truly connected lifestyle.
     
    “At Samsung, we are dedicated to bringing innovation closer to our customers through inspiring retail experiences. The launch of our premium experience store in Andheri West, Mumbai, marks a significant milestone in our journey to expand our premium retail footprint and create holistic, all-in-one destinations for technology, engagement, and service,” said Sumit Walia, Vice President, Head of D2C Business & Corporate Marketing at Samsung India.
     
    As part of Samsung’s flagship ‘Learn @ Samsung’ initiative, the store will host regular workshops focused on AI-powered photography, productivity, creativity, and doodling using Galaxy devices. These workshops aim to empower millennials and Gen Z consumers to maximize their device usage in everyday life. In addition, the store features a full-fledged service centre, ensuring customers receive prompt and reliable post-purchase support.
     
    Through Samsung Store+, a digital interface within the store, customers can seamlessly browse products and arrange home delivery for their selected items. Furthermore, a dedicated service centre within the store ensures enhanced post-purchase support for customers.
     
    To celebrate the launch, customers visiting the Andheri West experience store can enjoy exclusive Paytm First benefits, including:
     

    Special travel and dining offers
    Over 30 free subscriptions across leading OTT, music, wellness, and infotainment platforms
    Exclusive discounts on over 40 brand gift cards and more than 25 top deals from premium brands
    Buy-1-Get-1-Free buffet deals across over 100 premium restaurants nationwide

     
     

    MIL OSI Economics

  • MIL-OSI China: China’s consumer goods trade-in program helps boost demand

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

    China’s consumer goods trade-in program has spurred purchases of more than 109 million home appliances so far this year, engaging more than 66 million consumers, as the country stepped up efforts to boost domestic demand.

    The program has driven sales of more than 74 million digital devices and nearly 9.06 million electric bicycles, according to data released by the Ministry of Commerce on Tuesday.

    Previous statistics from the ministry showed that in the first five months of this year, the trade-in program generated 1.1 trillion yuan (about 153.93 billion U.S. dollars) in sales.

    Boosted by the program, China’s retail sales of consumer goods, a major indicator of the country’s consumption strength, expanded 5 percent year on year in the first half of this year. The pace of growth is 0.4 percentage points faster than the growth recorded in the first quarter.

    MIL OSI China News

  • MIL-OSI United Kingdom: Check your agent’s name

    Source: United Kingdom – Executive Government & Departments

    News story

    Check your agent’s name

    Make sure your agent’s name in our system matches your contract.

    If you want to use an agent to manage your business rates, you need to appoint them in our Check and Challenge service. 

    But if the agent’s name in our service does not match the name on your contract, you should be cautious. You should tell us by contacting agentstandards@voa.gov.uk.  

    You can also find out how long an agent has been using their current business name. You can get information about a company for free

    Some rogue agents may change their name often. 

    Our  VOA agent standards set out clear expectations for agents regarding:  

    • their behaviour   

    • their professional practice   

    • the service they provide to their customers   

    We take breaches of our agent standards very seriously. We will always take action if we substantiate a breach of the standards.  

    You should be cautious of any agent who:   

    • tries to pressure you to make a decision or sign a contract   

    • says they are acting on behalf of the VOA or forwards emails they claim are from the VOA   

    • demands large sums of money up front   

    • makes claims about ‘unclaimed credits’ or similar   

    Remember – you don’t have to use an agent to manage your business rates.   

    You can challenge your rateable value through our online service. This service is free to use.   

    If you want an agent to manage your business rates, use our checklist to choose an agent. Don’t let an agent choose you.  

    Using an agent who is a member of a professional body may provide extra reassurance as they will be subject to that body’s rules and regulations. The Institute of Revenues, Rating, Valuation,Royal Institution of Chartered Surveyors and Rating Surveyors’ Association have published joint standards that their members should follow. 

    We also have guidance on staying safe from scammers.   

    We collect evidence of poor agent behaviour and practices in the course of our work. This evidence allows us to proactively address issues or concerns.   

    If you are concerned about poor behaviour by agents, send any evidence to agentstandards@voa.gov.uk

    We cannot advise you on contractual issues you may have with any agent. You should contact the Citizens Advice Consumer Service. They have a helpline you can call on 0808 223 1133, Monday to Friday, 9am to 5pm. 

    If you think a business has broken the law or acted unfairly, you can also report them to Trading Standards via Citizens Advice

    If you believe you are a victim of fraud, you can make a report to Action Fraud.

    Updates to this page

    Published 22 July 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: New Executive Chair to strengthen government’s plan to unleash life sciences for a healthier, wealthier Britain

    Source: United Kingdom – Executive Government & Departments

    Press release

    New Executive Chair to strengthen government’s plan to unleash life sciences for a healthier, wealthier Britain

    Steve Bates OBE appointed to help champion research and innovation and the use of technology to transform health and grow the UK economy.

    • Industry leader Steve Bates OBE appointed as Executive Chair for the Office for Life Sciences.
    • Office for Life Sciences to report into Health, Science and Business departments, recognising the industry’s importance to the health and growth missions in the Plan for Change.
    • Appointment is immediate action on Life Sciences Sector Plan pledge to strengthen links between sector and government.

    Industry leader Steve Bates OBE has today (Tuesday 22 July) been appointed as Executive Chair of the Office for Life Sciences, the cross-Government unit that champions research, innovation and the use of technology to transform health and grow the economy across the UK.

    The Office for Life Sciences (OLS) will report directly into the Business Secretary in addition to the Health Secretary and Technology Secretary, recognising that driving economic growth and investment in this key sector will be a crucial part of the OLS agenda in support of the Plan for Change.

    The moves show the government is taking immediate action to deliver the Life Sciences Sector Plan, the ambitious blueprint for unleashing the UK’s circa £100 billion life sciences sector as a force for economic growth and bettering the nation’s health, in aid of the Plan for Change. Forming one of the 8 core pillars of the modern Industrial Strategy, the Plan sets out the government’s commitment to deepening its ties with the life sciences sector, and strengthening the Office for Life Sciences to do so.

    It builds on the positive momentum coming from recent successes for OLS, such as the recent £1 billion investment deal with BioNTech which the Office was instrumental in delivering, and backing for groundbreaking research like that supported by Our Future Health and UK Biobank, as well as its role in the up to £600 million investment to deliver a Health Data Research Service that will be unmatched globally – bringing the power of data to bear to unlock breakthroughs in the diagnosis and treatment of diseases.

    Steve Bates is a recognised industry figurehead, having led the UK BioIndustry Association as CEO since 2012. He sits on the UK Life Sciences Council, and was a founder member of the UK Government’s Vaccine Taskforce. Steve was made OBE for services to innovation in 2017 and became a Fellow of the Academy of Medical Sciences in 2020.

    Steve Bates OBE said:

    The UK is great at life sciences. Great science, growth finance, world leading entrepreneurs, agile regulators, and key health data assets, all network here within a sector focused industrial strategy.

    I know we can deliver global health outcomes and UK economic growth because we did so through the Vaccine Taskforce during COVID. I look forward to selling the sector’s great story to the globe. It’s a privilege to help life science businesses start, grow, scale and renew in the UK ecosystem to deliver economic growth, prosperity and health.

    Science and Technology Secretary Peter Kyle said:

    The life sciences sector plays a unique role, as a catalyst for both economic prosperity, and better health outcomes for people across the UK. Its ongoing success will be pivotal to both our Plan for Change, and our modern Industrial Strategy.

    It is only right that we draw upon the nation’s best talent and expertise to push this sector on to even greater heights, and to that end I am delighted that Steve will be joining us in these endeavours.

    Health and Social Care Secretary Wes Streeting said:

    We’re turning the UK into a life sciences powerhouse and harnessing the genius of our country’s greatest scientific minds.

    I know that Steve will bolster this mission and help make Britain the envy of the world when it comes to medical innovation.

    Under his leadership, I’m confident the Office for Life Sciences will continue to drive groundbreaking research and fulfil the Plan for Change’s goal to transform healthcare for patients across the country.

    Business and Trade Secretary Jonathan Reynolds said:

    We want to make the UK a life sciences superpower. That’s why we earmarked it as a priority sector in our modern Industrial Strategy, which sets out how we will back the industry to keep it at the forefront of global innovation.

    This single front door for industry to engage with government will be key to achieving our life sciences mission, as will appointing talented leaders like Steve – boosting the sector to deliver on our Plan for Change to grow the economy.

    The Office for Life Sciences is a Directorate of 120 civil servants, which drives policy and delivery in the Life Sciences sector, supporting the government’s ambitions on economic growth and improved health that sit at the heart of the Plan for Change. Currently overseen by the Health Secretary and Technology Secretary, it will now also have more formalised links into the Department for Business and Trade to support the government’s Industrial Strategy.

    In his new role, Bates will act as an ambassador both domestically and internationally for the UK life sciences sector. He will work across government and the wider public sector to ensure engagement with industry around policy and investment happens productively and at pace, working closely with all 3 Secretaries of State, providing support and expert advice as required. 

    The UK is already a global leader in life sciences, with the sector worth around £100 billion to the economy, and employing around 300,000 people. These moves show the government’s determination to immediately deliver on its goals for the sector, as laid out in the Life Sciences Sector Plan. Developed in close coordination with the Government’s 10 Year Health Plan, the Plan is a vision for doubling down on the sector’s strengths – turning cutting-edge research into real-world results: new treatments, faster diagnoses, and more lives saved. It’s about making sure breakthroughs happen here – and stay here – creating jobs, improving lives in every part of the country, and driving growth.

    Notes to editors

    Steve Bates’ appointment will further strengthen our expert leadership in life sciences, working with OLS Director Rosalind Campion.

    DSIT media enquiries

    Email press@dsit.gov.uk

    Monday to Friday, 8:30am to 6pm 020 7215 3000

    Updates to this page

    Published 22 July 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: “Business Box” and assistance in promotion: how the special project “Time of Opportunities” is organized

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    The capital opens up new prospects for entrepreneurs. Thanks to the special project “Time of Opportunities”, which is being implemented as part of the project “Summer in Moscow”, they can promote and develop their business. Entrepreneurs from the sphere of public catering, services, education and creativity, culture and sports, the beauty industry, trade and hotel business are invited to join the special project.

    Step-by-step instructions on how to become a participant in the special project “Time of Opportunities” are in our material.

    Step 1: Create a unique offer

    To join the special project, you need to develop a special offer for city residents. Entrepreneurs can organize a free master class, an educational lecture, a theatrical show, hold a thematic event or provide visitors with a discount of 25 percent on goods and services.

    Step 2. Submit an application

    Once you have planned an event, you must submit an application for participation in the business section of the project website. “Summer in Moscow” or on the portal State Budgetary Institution “Small Business of Moscow”. In the questionnaire, you must specify the date, time and place of the event, age restrictions, upload photos for the announcement, provide information about your company and contact information. Specialists will review the questionnaire and notify the applicant of its status by e-mail specified in the questionnaire.

    Step 3. Get a summer “Business Box”

    After checking the application, specialists will come to the site to confirm the information provided in it. The entrepreneur will receive a branded sticker of the Summer in Moscow project with a unique QR code, which will become active after the application is approved. It will be used to open the company’s offer in the Russpass service. In addition, each participant will receive a summer Business Box as a gift – a set of free tools for promoting business from market leaders.

    Step 4: Get help with promotion

    Information about events and special offers with promotions and discounts will be posted in the Russpass service, event announcements will be published in a special poster of the Summer in Moscow project. In addition, businessmen will receive PR support in the media and promotion through geo-services, which will increase audience reach and attract new customers. The 100 most active entrepreneurs who hold the most events will receive a package offer for 100 thousand rubles: business promotion in VK or Yandex, as well as a training course on launching advertising campaigns on the Internet

    You can find out more about the special project and ask any questions by calling: 7 495 225-14-14.

    State Budgetary Institution “Small Business of Moscow”, subordinate Department of Entrepreneurship and Innovative Development, helps people open and develop their business in the capital. In business service centers, everyone can learn about financial and non-financial measures of state support. Free educational and business events are held for entrepreneurs: forums, seminars, trainings, conferences that help improve professional competencies and find like-minded people. You can get advice on opening and running a business and learn more about current measures to support entrepreneurs in Moscow on the website MBM.Mos.ru and by phone: 7 495 225-14-14.

    Support for entrepreneurs is provided within the framework of the federal project “Small and medium entrepreneurship and support for individual entrepreneurial initiative”, which is part of the national project “Efficient and competitive economy”, as well as the Moscow Mayor’s strategy for supporting the capital’s entrepreneurship.

    Project “Summer in Moscow”— the main event of the season. It brings together the most vibrant events of the capital. Every day, charity, cultural and sports events are held in all districts of the city, most of which are free. The Summer in Moscow project is being held for the second time, and the new season will be more eventful: new, original and colorful festivals and events will be added to the traditional ones.

    Get the latest news quicklyofficial telegram channel the city of Moscow.

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

    .

    MIL OSI Russia News

  • MIL-OSI Africa: Top African and Global Voices in Technology to Speak at Africa Tech Festival 2025

    Source: APO – Report:

    .

    Africa Tech Festival (www.AfricaTechFestival.com), the longest running and most influential tech event on the continent, has announced the first wave of 25 headline speakers for its 2025 edition, bringing together influential voices from global tech, government, and business who are driving the growth and transformation of Africa’s digital economy.

    The 2025 speaker line-up features some of the most influential voices in global technology and African business leadership. Among them is Bernardo Mariano Junior, Assistant Secretary-General and Chief Information Technology Officer at the United Nations, who brings a global governance perspective to digital development. Mark Elliott, President for Africa at Mastercard, will offer insights into advancing inclusive finance across the continent. Representing the frontier of artificial intelligence, Emmanuel Lubanzadio, Senior Director and Head of Africa at OpenAI, will contribute to conversations around AI adoption and policy readiness in African markets.

    Also speaking is Odunayo Eweniyi, a prominent tech entrepreneur and investor, serving as Co-Founder and Chief Operating Officer of PiggyVest and General Partner at First Capital, who will share perspectives on fintech growth and funding in Africa. From the telecoms and enterprise space, Tumi Chamayou, Chief Enterprise Business Officer at MTN South Africa, and Ravi Bhat, Chief Technology and Solutions Officer at Microsoft Africa, will explore enterprise innovation and the role of strategic partnerships in enabling digital infrastructure.

    They will be joined by senior decision-makers from across the public and private sectors, including technology and strategy executives from African Bank, Transnet, Cell C, Telkom, the Department of Public Service and Administration of South Africa, and Hewlett Packard Enterprise. Together, these leaders represent a broad spectrum of industries and expertise, united by a common goal: to drive forward Africa’s digital transformation.

    Africa Tech Festival 2025 will be held in Cape Town from 11 to 13 November. The conference will feature a structured programme built around four core tracks: AfricaCom, AfricaTech, AfricaIgnite, and The AI Summit Cape Town. Each track is designed to address key areas of technological advancement and policy development across the continent. This year’s agenda is also framed by four central themes: Responsible Innovation, Inclusive Investment, Connectivity for Development, and Policy Harmonisation. These themes reflect the Festival’s commitment to providing a platform for examining the challenges and opportunities shaping Africa’s digital economy.

    “We’re excited to share a speaker roster that truly represents the diversity of experience shaping Africa’s tech future,” said Kadi Diallo, Portfolio Manager for Africa Tech Festival. “These are individuals who are actively working to improve systems, close gaps, and build digital infrastructure that works for everyone.”

    “This year, you’ll also notice a bold new look and feel as we unveil our refreshed branding. It marks the start of a new era for the Africa Tech Festival—one that reflects the scale, ambition, and innovation of the continent’s thriving tech ecosystem.”

    Following the success of 2024, Africa Tech Festival will continue to provide in-depth discussions on national digital strategies, economic growth, infrastructure, and public-private collaboration. Although a formal partnership with the Department of Communications and Digital Technologies (DCDT) is still under consideration, last year’s engagement with senior government officials led to meaningful policy dialogue. Now in its third decade, the Festival remains a key platform for shaping Africa’s digital transformation through informed debate, investment, and strategic partnerships.

    Further programme details and additional speakers will be announced in the weeks ahead.

    Registration for Africa Tech Festival 2025 is now open and can be completed via the official portal here (https://apo-opa.co/450ROWS).

    – on behalf of Africa Tech Festival.

    About Africa Tech Festival:   
    Now in its 28th edition, Africa Tech Festival 2025 will take place from 11 to 13 November 2025 at the Cape Town International Convention Centre (CTICC), bringing together over 15,000 technology leaders, policymakers, investors, startups, and visionaries. The festival encompasses four anchor events:

    • AfricaCom – The continent’s largest telecoms and connectivity event
    • AfricaTech – The hub for technology, innovation, and enterprise growth
    • AfricaIgnite – Driving growth and impact in Africa’s startup ecosystem
    • The AI Summit Cape Town – Where commercial AI comes to life
       

    With over 500 speakers, 300 exhibitors, and multiple networking opportunities, Africa Tech Festival remains the largest and most influential tech event on the continent.

    MIL OSI Africa

  • MIL-OSI United Kingdom: UKAEA develops 3D printing for fusion components

    Source: United Kingdom – Government Statements

    Press release

    UKAEA develops 3D printing for fusion components

    UKAEA’s new additive manufacturing – also known as 3D printing – machines offer new opportunities to produce highly specialised components for fusion machines.

    Freemelt (left) and Nikon SLM (right) teams at Central Support Facility launch event with UKAEA’s Roy Marshall (centre) – Image Credit: United Kingdom Atomic Energy Authority

    The United Kingdom Atomic Energy Authority (UKAEA) has begun using two additive manufacturing – or 3D printing – machines that use complementary methods to manufacture components for future fusion machines.

    At its recently opened Central Support Facility (CSF), UKAEA has commissioned an electron beam additive manufacturing machine that will mainly be used to incorporate tungsten into components, alongside a selective laser manufacturing machine.

    Fusion can play a key role in a global low carbon energy future. However, the components within future fusion power plants will have to operate under complex and challenging conditions, including extreme temperatures, high neutron loads, and strong magnetic fields. As a result, they require complex combinations of materials and precision engineering.

    Additive manufacturing is well suited to producing materials with intricate designs, and in low volumes, making it ideal for a sector such as fusion, where – for the near future – each fusion machine will be highly individual and require bespoke components. As a result, UKAEA believes that 3D printing can play an important role in the future of fusion reducing the costs of this precision manufacturing, and has commissioned the machines to demonstrate two complementary 3D printing methods to produce fusion components.

    The eMELT Electron Beam Powder Bed Fusion (E-PBF) additive machine, made by Freemelt, will use electron beam technology to join tungsten in powder-form into solid components with almost 100 percent density. The eMELTmachine will be used to layer tungsten onto other materials such as copper chrome zirconium, stainless steel and Eurofer 97, a special type of steel developed for use in fusion machines.

    The SLM280 – Selective Laser Manufacturing – will be used to experiment with how to produce components with the complex geometries and material combinations that will be essential for successful fusion plants. The SLM280 is manufactured by Nikon SLM, provided by Kingsbury Machine Tools, supported by Additure.

    Both 3D printing technologies will support the manufacture of plasma-facing components that will be exposed to extreme temperatures during their operational lifecycle. The machines will also reduce the reliance on traditional techniques such as welding, reducing the number of manufacturing operations and joining processes.

    Roy Marshall, Head of Operations for Fabrication, Installation and Maintenance, at UKAEA said:

    Future fusion power plants will require thousands – or even millions – of components with complex geometries that can withstand the extreme conditions of a fusion environment.

    UKAEA believes that additive manufacturing will be essential to developing these components at a scale that makes fusion commercially viable.

    We have commissioned two complementary additive manufacturing machines so we can demonstrate that fusion components can be printed at a production scale, enabling the fusion industry to develop components at our facilities that would otherwise be commercially prohibitive.

    Using these machines will enable parts and geometries to be produced more efficiently than by using traditional fabrication methods.

    Many companies will have either an electron beam machine or selective laser manufacturing technology but having both capabilities under one roof – and able to produce components at scale – is a first for the fusion industry.

    Viktor Valk, Regional Manager, EMEA at Freemelt said:

    We are honoured to support UKAEA in their important work to advance fusion energy as a commercially viable energy source. The use of Freemelt’s industrial machine eMELT to produce tungsten plasma-facing components exposed to extreme conditions in fusion energy machines, marks an important step in applying our E-PBF technology to fusion energy development.

    Christoph Barefoot, Regional Business Director UK & Nordics, Nikon SLM Solutions, said:

    Fusion represents the future of energy – but it can only be realized through bold innovation and trusted collaboration. At Nikon SLM Solutions, we are proud to support UKAEA’s mission with our industry-leading Selective Laser Melting technology, helping make complex, high-performance fusion components not just possible, but scalable. With this milestone, we move one step closer to commercial fusion – and a more sustainable tomorrow.

    The CSF brings together this technology with purpose-built workshops into one building – alongside UKAEA’s Manufacturing Support Team and Special Techniques Group – to enable collaboration between manufacturing teams and to support fusion research and development. UKAEA is now working to prepare commercial partners for the large scale production that is essential for the fusion energy plants of the future.

    Both machines will now start the work of producing challenging geometries and undertake experiments exploring the properties of additive manufactured materials. This work will be followed by initial stages of manufacturing involving tungsten and copper chrome zirconium layering.

    Updates to this page

    Published 22 July 2025

    MIL OSI United Kingdom

  • MIL-OSI Asia-Pac: New tax portals launched

    Source: Hong Kong Information Services

    The Inland Revenue Department (IRD) today launched three new tax portals under eTAX – Individual Tax Portal, Business Tax Portal and Tax Representative Portal – to provide electronic tax services to individuals, businesses, and tax service agents respectively, enabling them to handle tax matters conveniently and efficiently.

     

    The Individual Tax Portal offers a centralised platform for individual users to manage their personal tax matters, providing functions such as tax return filing, personal particulars updates and viewing of tax positions. They may also use the portal on their mobile devices via the “eTAX” app, also launched today by the IRD.

     

    The Business Tax Portal is specifically designed for businesses to handle tax matters and compliance obligations electronically, including tax return filing and business registration.

     

    As for the Tax Representative Portal, it caters to tax service agents (tax representatives, company secretaries and other tax service providers) to facilitate the management of their clients’ tax matters, including tax return filing and compliance tracking.

     

    The IRD explained that profiles of existing eTAX users have been migrated to the Individual Tax Portal, and they can use their registered information to log in to the portal.

     

    The department encourages businesses and service agents to open an eTAX account as early as possible to handle tax matters electronically via the other two portals in a safe, convenient and environmentally friendly way.

     

    Click here for more details.

    MIL OSI Asia Pacific News

  • MIL-OSI Russia: Moscow colleges have increased the number of budget places for cooking specialties

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    This year, the capital’s colleges have expanded their enrollment in culinary specialties. More than 2,500 budget places are available for applicants – this is 20 percent more than in the previous academic year. This was reported by the press service of the capital’s Department of Education and Science.

    “In Moscow colleges, future chefs and pastry chefs are immersed in the profession from the very first days: they undergo practical training on modern equipment, master current trends and hone their skills under the guidance of experienced mentors. Thanks to close cooperation with the city’s leading enterprises, two-thirds of students begin working while still studying. The guys cook for premium establishments and work in food industry companies,” the department’s press service said.

    In Moscow, food industry professionals are trained in eight educational institutions: College of Services No. 10, College of Hospitality Industry and Management No. 23, food college no. 33, Polytechnic College No. 50 named after twice Hero of Socialist Labor N.A. Zlobin, Moscow educational complex “West”, First Moscow educational complex, Moscow educational complex named after Viktor Talalikhin AndMoscow College of Management, Hotel Business and Information Technology “Tsaritsyno”In total, more than seven thousand students are studying to become cooks and pastry chefs.

    Success Stories

    For example, Elizaveta Blokhina is a third-year student at College of the Service Sphere No. 10, majoring in pastry chef. In the fall of 2024 and spring of 2025, the student completed an internship at the White Rabbit restaurant. During her last internship, she realized that she wanted to become part of the team. Thanks to the close cooperation between the college and the restaurant, the girl met the chef, successfully passed the interview, and now works in the cold shop.

    Ekaterina Khmelevskaya, a graduate of the Moscow educational complex “West” in the specialty “cooking and confectionery”, graduated from college this summer. Already in her third year, she completed an internship at the prestigious Moscow restaurant Selfie, awarded a Michelin star, and soon began working there. After that, the student tried her hand at an unusual project – an immersive gastrotheatre, where she created desserts, combining them with video projections and light effects. However, she soon realized that she liked classical cooking more, and took part in the All-Russian open culinary championship among chefs Chef a la Russe, where she took second place. After participating in the competition, the girl was invited to an internship at a Moscow restaurant named after the philanthropist Savva Mamontov, and a week later she was offered the position of pastry chef.

    Capital colleges increase number of employer partners

    Darya Stelmakhova graduated from Food College No. 33 as a pastry chef in 2023. In her second year, the student began working at the Aist restaurant under the guidance of Italian chef Mirko Zago. Later, she moved to the Savva restaurant, where she worked in the hot shop. Thanks to her talent and responsible approach to work, the girl quickly won the respect of her colleagues and became a sous-chef two years later.

    Admissions campaign

    This year, the number of budget places in Moscow colleges for ninth-graders in the capital has increased to a record 43 thousand. Applicants can choose from more than 150 professions and specialties in all sectors of the city’s economy.

    Moscow ninth-graders who graduated from school this year will be able to submit applications until July 26. The application period for programs with entrance examinations ended on July 20. Moscow ninth-graders of previous years, Moscow eleventh-graders, as well as out-of-town applicants will be able to submit applications until August 15, and for programs with entrance examinations – until August 10.

    Applicants are allowed to choose five specialties at one educational institution at the same time or distribute them among several. Applications can be submitted electronically viamos.ru portal.

    Detailed information about in-demand professions and specialties taught in the capital’s colleges is available on the website “Colleges of Moscow”, in the same names telegram channel Andcommunity on the social network VKontakte.

    Sharpening Your Skills. Teachers on How Internships Work in Moscow Colleges

    Get the latest news quicklyofficial telegram channel the city of Moscow.

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

    .

    MIL OSI Russia News

  • MIL-OSI Russia: The Museum of Entrepreneurs, Patrons and Philanthropists of Moscow presents the exhibition “Rediscover Russian PR”

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    IN Museum of Entrepreneurs, Patrons and Philanthropists On July 23, the exhibition “Rediscover Russian PR” will open. The exposition will introduce visitors to the history of public relations in Russia and show how the reputations of domestic entrepreneurs and industrialists were formed, destroyed and restored.

    “By studying the origins of entrepreneurial activity, Moscow entrepreneurs will be able to learn not only about the legacy of business culture, but also find inspiration and practical guidelines for modern business communications. Such projects form the value of continuity and strengthen the connection between generations,” she noted.

    Kristina Kostroma, Head of the Department of Entrepreneurship and Innovative Development of the City of Moscow.

    The exhibition is based on the study and analysis of primary sources — business press, memoirs, materials from industrialists’ congresses, and other historical documents. Among them are more than a thousand newspaper issues from 1861–1917, including Moskovskiye Vedomosti, Russkoye Slovo, Golos Moskvy, Birzhevye Vedomosti, and Kommersant.

    The exhibition includes stands describing historical cases from the second half of the 19th and early 20th centuries in the areas of education, patronage and social support. They feature examples of press publications, early press releases and anti-crisis PR campaigns from past eras. The exhibition will reveal the PR tools of Russian entrepreneurs — from creating a personal brand to influencing public opinion and government decisions.

    Examples include the educational project “Agronomic Train,” which clearly demonstrated modern agricultural technologies to farmers, the anti-crisis media strategy in the Savva Mamontov case, which influenced public perception of the trial, and the activities of the first advertising agencies, which were engaged not only in advertising, but also in promoting news items.

    “The practice and history of Russian PR is currently taught only in specialized educational institutions, and, unfortunately, we are still learning from Western examples. Meanwhile, a huge number of Russian entrepreneurs have contributed to the development of the economy, education, and culture. Our task as a museum is to continue and support research in this area, as well as in other insufficiently studied areas, such as the experience of building entrepreneurial dynasties,” emphasized Nadezhda Smirnova, director of the Museum of Entrepreneurs, Patrons, and Philanthropists, member of the Moscow Council of Entrepreneurs.

    The exhibition will last until September 1. To visit, you must purchase a ticket to the Museum of Entrepreneurs, Patrons and Philanthropists, which includes a comprehensive tour. It includes a viewing of the permanent exhibition, as well as materials from the exhibition “Rediscover Russian PR”.

    The organizers of the exhibition were the digital agency Interium, the Museum of Entrepreneurs, Patrons and Philanthropists, members of the Council of Entrepreneurs of the City of Moscow, participants of the working group on PR and advertising, operating at the site of the capital headquarters for business protection.

    The Business Protection Headquarters, subordinate to the Department of Entrepreneurship and Innovative Development of the City of Moscow, ensures the processing of individual requests from Moscow entrepreneurs, facilitates the resolution of systemic issues and builds effective communication between businesses and government bodies. More detailed information about the work of the headquarters is available at website and by phone number: 7 495 620-20-45.

    Get the latest news quicklyofficial telegram channel the city of Moscow.

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

    .

    MIL OSI Russia News

  • MIL-OSI: NBPE – Net Asset Value(s)

    Source: GlobeNewswire (MIL-OSI)

    THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS

    NBPE Announces June Monthly NAV Estimate

    St, Peter Port, Guernsey, 22 July 2025

    NB Private Equity Partners (NBPE), the $1.2bn1, FTSE 250, listed private equity investment company managed by Neuberger Berman, today announces its 30 June 2025 monthly NAV estimate.

    NAV Highlights (30 June 2025)

    • NAV per share was $27.42 (£20.01), a total return of 0.5% in the month
    • Total realisations of $68 million and $8 million of follow-on investments in the first half of 2025
    • $284 million of available liquidity at 30 June 2025
    • ~51k shares repurchased (~$1 million) during June 2025 at a weighted average discount of 30% which was accretive to NAV by ~$0.01 per share. Year-to-date, NBPE has repurchased ~759k shares (~$15 million) at a weighted average discount of 29% which was accretive to NAV by ~$0.11 per share
    As of 30 June 2025 Year to Date One Year 3 years 5 years 10 years
    NAV TR (USD)*
    Annualised
    1.3% 3.6% 5.8%
    1.9%
    76.1%
    12.0%
    158.3%
    10.0%
    MSCI World TR (USD)*
    Annualised
    9.3% 16.8% 68.0%
    18.9%
    101.9%
    15.1%
    189.9%
    11.2%
               
    Share price TR (GBP)*
    Annualised
    (7.6%) (6.9%) 10.4%
    3.3%
    91.6%
    13.9%
    185.1%
    11.0%
    FTSE All-Share TR (GBP)*
    Annualised
    9.1% 11.2% 35.5%
    10.7%
    67.3%
    10.8%
    92.7%
    6.8%

    * All NBPE performance figures assume re-investment of dividends on the ex-dividend date and reflect cumulative returns over the relevant time periods shown. Three-year, five-year and ten-year annualised returns are presented for USD NAV, MSCI World (USD), GBP Share Price and FTSE All-Share (GBP) Total Returns.

    Portfolio Update to 30 June 2025

    NAV performance during the month driven by:

    • 0.7% NAV increase ($9 million) from changes in FX rates
    • 0.1% NAV increase ($1 million) attributable to changes in prices of quoted holdings (which now constitute 6% of portfolio fair value)
    • Immaterial impact on NAV from additional private valuation information received during the month
    • 0.2% NAV decrease ($3 million) attributable to expense accruals

    $68 million of realisations in the first half of 2025

    • Of the $68 million received during the first half, over three-quarters of the proceeds are from full and partial sales / exits of private holdings; remaining realisations consisted of proceeds from the sales of quoted holdings and other partial realisations

    $284 million of total liquidity at 30 June 2025

    • $74 million of cash and liquid investments with $210 million of undrawn credit line available

    2025 Share Buybacks

    • ~51k shares repurchased in June 2025 at a weighted average discount of 30%; buybacks were accretive to NAV by ~$0.01 per share
    • Year-to-date, NBPE has repurchased ~759k shares at a weighted average discount of 29% which were accretive to NAV by ~$0.11 per share

    Portfolio Valuation

    The fair value of NBPE’s portfolio as of 30 June 2025 was based on the following information:

    • 6% of the portfolio was valued as of 30 June 2025
      • 6% in public securities
    • 94% of the portfolio was valued as of 31 March 2025
      • 94% in private direct investments

    For further information, please contact:

    NBPE Investor Relations        +44 (0) 20 3214 9002
    Luke Mason        NBPrivateMarketsIR@nb.com  

    Kaso Legg Communications        +44 (0)20 3882 6644

    Charles Gorman        nbpe@kl-communications.com
    Luke Dampier
    Charlotte Francis

    Supplementary Information (as at 30 June 2025)

    Company Name Vintage Lead Sponsor Sector Fair Value ($m) % of FV
    Action 2020 3i Consumer 86.6 6.9%
    Osaic 2019 Reverence Capital Financial Services 63.4 5.0%
    Solenis 2021 Platinum Equity Industrials 59.8 4.7%
    BeyondTrust 2018 Francisco Partners Technology / IT 47.7 3.8%
    Monroe Engineering 2021 AEA Investors Industrials 44.7 3.5%
    Business Services Company* 2017 Not Disclosed Business Services 40.2 3.2%
    Branded Cities Network 2017 Shamrock Capital Communications / Media 37.3 3.0%
    True Potential 2022 Cinven Financial Services 35.6 2.8%
    Mariner 2024 Leonard Green & Partners Financial Services 33.7 2.7%
    FDH Aero 2024 Audax Group Industrials 32.9 2.6%
    Marquee Brands 2014 Neuberger Berman Consumer 31.6 2.5%
    GFL (NYSE: GFL) 2018 BC Partners Business Services 30.5 2.4%
    Auctane 2021 Thoma Bravo Technology / IT 29.1 2.3%
    Fortna 2017 THL Industrials 28.7 2.3%
    Staples 2017 Sycamore Partners Business Services 27.7 2.2%
    Viant 2018 JLL Partners Healthcare 27.3 2.2%
    Engineering 2020 NB Renaissance / Bain Capital Technology / IT 27.2 2.2%
    Stubhub 2020 Neuberger Berman Consumer 26.4 2.1%
    Agiliti 2019 THL Healthcare 25.3 2.0%
    Kroll 2020 Further Global / Stone Point Financial Services 25.0 2.0%
    Benecon 2024 TA Associates Healthcare 24.7 2.0%
    Solace Systems 2016 Bridge Growth Partners Technology / IT 24.6 1.9%
    Excelitas 2022 AEA Investors Industrials 24.1 1.9%
    Exact 2019 KKR Technology / IT 24.0 1.9%
    Constellation Automotive 2019 TDR Capital Business Services 21.4 1.7%
    CH Guenther 2021 Pritzker Private Capital Consumer 21.2 1.7%
    Tendam 2017 PAI Consumer 20.0 1.6%
    Addison Group 2021 Trilantic Capital Partners Business Services 19.9 1.6%
    Bylight 2017 Sagewind Partners Technology / IT 19.9 1.6%
    Real Page 2021 Thoma Bravo Technology / IT 18.8 1.5%
    Total Top 30 Investments                              $979.2 77.5%

    *Undisclosed company due to confidentiality provisions.

    Geography % of Portfolio
    North America 76%
    Europe 23%
    Asia / Rest of World 1%
    Total Portfolio 100%
       
    Industry % of Portfolio
    Tech, Media & Telecom 23%
    Consumer / E-commerce 22%
    Industrials / Industrial Technology 17%
    Financial Services 14%
    Business Services 11%
    Healthcare 8%
    Other 3%
    Energy 1%
    Total Portfolio 100%
       
    Vintage Year % of Portfolio
    2016 & Earlier 10%
    2017 16%
    2018 13%
    2019 13%
    2020 14%
    2021 18%
    2022 6%
    2023 2%
    2024 8%
    Total Portfolio 100%

    About NB Private Equity Partners Limited
    NBPE invests in direct private equity investments alongside market leading private equity firms globally. NB Alternatives Advisers LLC (the “Investment Manager”), an indirect wholly owned subsidiary of Neuberger Berman Group LLC, is responsible for sourcing, execution and management of NBPE. The vast majority of direct investments are made with no management fee / no carried interest payable to third-party GPs, offering greater fee efficiency than other listed private equity companies. NBPE seeks capital appreciation through growth in net asset value over time while paying a bi-annual dividend.

    LEI number: 213800UJH93NH8IOFQ77

    About Neuberger Berman
    Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $538 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger’s investment philosophy is founded on active management, fundamental research and engaged ownership. The firm has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information, including www.nb.com/disclosure-global-communications for information on awards. Data as of June 30, 2025, unless stated otherwise.

    This press release appears as a matter of record only and does not constitute an offer to sell or a solicitation of an offer to purchase any security.

    NBPE is established as a closed-end investment company domiciled in Guernsey. NBPE has received the necessary consent of the Guernsey Financial Services Commission. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. This document is not intended to constitute legal, tax or accounting advice or investment recommendations. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. Statements contained in this document that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of NBPE’s investment manager. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. Additionally, this document contains “forward-looking statements.” Actual events or results or the actual performance of NBPE may differ materially from those reflected or contemplated in such targets or forward-looking statements.


    1Based on net asset value.

    Attachment

    The MIL Network

  • MIL-OSI Australia: Winter underquoting blitz targets Hume

    Source: Australian Capital Territory Policing

    Property auctions in the City of Hume were targeted by Consumer Affairs Victoria’s underquoting taskforce over the weekend.

    Taskforce inspectors visited Craigieburn and surrounds to monitor auctions for compliance with auction and sales rules, after tracking 70 sales campaigns in the lead up to the weekend. This follows a spike in underquoting complaints in the area, which is popular with first home buyers.

    Inspectors also took the opportunity to educate agents and buyers about underquoting laws.

    The taskforce uses a range of methods to monitor the property market. This includes tracking sales campaigns, inspecting estate agencies and attending auctions. This latest auction sweep follows an inspection blitz in the Doncaster area earlier in the year.

    Since it launched in September 2022, the taskforce has:

    • received more than 4,200 complaints through its dedicated webform
    • monitored over 2,500 sales campaigns
    • attended 275 auctions
    • issued 185 fines totalling over $2 million, and
    • issued 244 official warnings to agents caught breaching their obligations.

    It is also taking legal action against several agents for alleged breaches of the law.

    More than one third of complaints are submitted by real estate agents, showing that agents doing the right thing are also frustrated with unfair and unlawful practices in their industry.

    The underquoting taskforce was made permanent in August 2024.

    If you suspect underquoting, report it to us.

    Find more information about underquoting.

    MIL OSI News

  • MIL-OSI Economics: Business Leaders Urge Recommitment to Open, Rules-based and Predictable Trade, Call for Bold Action to Secure Future Growth Hai Phong, Viet Nam | 22 July 2025 APEC Business Advisory Council

    Source: APEC – Asia Pacific Economic Cooperation

    aRepresentatives of the APEC Business Advisory Council (ABAC) met in Hai Phong, Viet Nam to finalize their recommendations to APEC Leaders and seven Sectoral Ministerial Meetings to be held in Korea later this year. During the meeting, ABAC members reiterated an urgent call to APEC Leaders to reaffirm their commitment to open, rules-based, non-discriminatory, predictable and competitive markets in the face of mounting trade tensions, policy volatility and global uncertainty.

    APEC’s prosperity has long rested on reducing distortions and opening markets, anchored by transparent, rules-based trade but today, that foundation is under threat.

    Escalating trade frictions and uncertainty are disrupting supply chains, inflating costs, shaking business confidence and threatening jobs and living standards. This is throttling growth and distracting from the critical work of revitalizing businesses and our economies. In a ‘Statement on Open Markets’, ABAC underscored that the business community needs a return to the stable trade and economic environment that has underpinned decades of prosperity for every APEC economy.

    As leaders of the Asia-Pacific business community, ABAC recognizes that artificial intelligence (AI) is reshaping our economies, societies and daily lives. Yet the full benefits of AI cannot be realized without robust, efficient and sustainable infrastructure to support its development and deployment. In its Declaration on Sustainable AI Infrastructure and Investment, ABAC reaffirmed its commitment to shaping an AI-powered future that is not only innovative and inclusive, but also environmentally responsible.

    Priorities for Inclusive and Sustainable Growth

    In the 2025 Report to APEC Leaders, ABAC finalized the recommendations it will present later this year to drive sustainable and inclusive growth in the region including the following:

    • Accelerating the realization of the Free Trade Area of the Asia-Pacific (FTAAP), with early deliverables like the APEC Centre of Excellence on Paperless Trade, a new equal pay framework and a Greener Trade Framework.
    • Reforming and modernizing the WTO including making permanent the E-Commerce Moratorium for digital products.
    • Mobilizing investment to fund energy transitions, digital infrastructure, and disaster response.
    • Leading in Digital Transformation by ensuring equitable access to secure, sustainable digital infrastructure, shaping responsible AI deployment and governance and developing interoperable digital trade rules.
    • Strengthening healthcare supply chains and market access for innovations like genomics and AI.
    • Tackling demographic shifts by promoting workforce participation, labor mobility, skills recognition, pensions reform and leveraging emerging technologies.

    ABAC’s work and recommendations are guided by the theme this year—“Bridge. Business. Beyond.” This reflects what is needed to deliver ABAC’s vision: bridge divides, empower businesses to drive growth and look beyond short-term challenges to long-term prosperity. 

    ABAC stands ready to work with APEC Leaders to shape a future of inclusive, sustainable growth for all.

    ABAC 2025 Chairman H.S. Cho thanked His Excellency Luong Cuong, President of Viet Nam, who opened the ABAC meeting.

    ABAC expressed its appreciation to ABAC Viet Nam for the excellent arrangements and the leaders of Hai Phong City for supporting the meeting. Prior to the start of the ABAC meeting, members joined participants to the Hai Phong Investment Promotion Conference held prior to their Meeting where they engaged with H.E. President of Viet Nam, Hai Phong City Leaders and local business owners.  

    For further information, please contact:

    Hyungkon Park (Mr), ABAC Executive Director 2025  at +82 2 6050 3686 and [email protected]
    Antonio Basilio (Mr), Director of the ABAC Secretariat at +63 917 849 3351 and [email protected]

    MIL OSI Economics

  • MIL-OSI China: Huawei beats rivals in Q2 shipments

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

    People buy smartphones at a flagship store of Huawei in Shenzhen, south China’s Guangdong Province, Sept. 11, 2023. [Photo/Xinhua]

    Huawei Technologies Co has staged a remarkable comeback, reclaiming its leading position in terms of shipments in China’s smartphone market in the second quarter, according to a latest report from market research company International Data Corp.

    This achievement marks Huawei’s return to the summit after a challenging six-year period, with shipments reaching 12.5 million units, capturing an 18.1 percent market share in the country, from April to June this year, IDC said.

    This resurgence not only disrupts the recent dominance of rival brands, but also signifies a pivotal turnaround for Huawei, demonstrating its ability to overcome significant technology restrictions and supply chain hurdles, experts said.

    Will Wong, a senior research manager with IDC’s Asia/Pacific Client Devices Group, said Huawei’s recovery can be attributed to its strong brand appeal and efficient shipment management.

    The company’s recovery is underpinned by explosive growth in specific segments. Foldable smartphone shipments surged by an impressive 240 percent year-on-year in the second quarter, while its flagship Mate series contributed over 45 percent of total shipments, highlighting a robust recovery in the premium handset market.

    Furthermore, the strength of Huawei’s ecosystem is evident as more than 900 million devices in China, including its own-branded products as well as devices from third-party companies, now run on its self-developed operating system HarmonyOS.

    The numbers validate the success of its integrated “hardware plus software plus services” strategy, said Xiang Ligang, director-general of the Zhongguancun Modern Information Consumer Application Industry Technology Alliance, a telecom industry association.

    Huawei’s return is particularly notable given the broader market context. The overall Chinese smartphone market contracted by 4 percent year-on-year in the second quarter, with total shipments reaching about 69 million units, IDC said. This decline was driven primarily by weakening consumer demand and a slowdown in growth previously fueled by government subsidies.

    However, Huawei managed to defy the downward trend despite the challenging environment, Xiang said, adding that the company’s return to the top represents a significant reversal.

    Key factors driving Huawei’s resurgence include product innovation, exemplified by the successful launch of the Mate 70 series. Featuring advanced in-house chipsets, superior imaging capabilities and HarmonyOS, the Mate 70 series attracted strong consumer demand, including loyal Huawei users upgrading and even some former Apple customers, Xiang added.

    The company once dominated the Chinese market with a share exceeding 40 percent, but faced severe setbacks following US sanctions, leading to significant market share losses, he said.

    Huawei’s relentless innovation is underpinned by its extraordinary commitment to research and development. Over the past decade, the company has invested a staggering 1.24 trillion yuan ($172.8 billion) in R&D. In 2024 alone, its R&D expenditure reached 179.7 billion yuan, representing 20.8 percent of its annual revenue. Huawei boasts a global portfolio of over 150,000 valid authorized patents, the company said.

    Looking ahead, despite this significant milestone, Huawei faces an intensely competitive landscape where rivals like Apple, Xiaomi, Vivo and Oppo continue to innovate aggressively. Maintaining its technological edge and product excellence will be critical for Huawei to retain its leadership, experts said.

    MIL OSI China News

  • MIL-Evening Report: Sky TV to buy channel Three owner Discovery NZ for $1

    By Anan Zaki, RNZ News business reporter

    Sky TV has agreed to fully acquire TV3 owner Discovery New Zealand for $1.

    Discovery NZ is a part of US media giant Warner Bros Discovery, and operates channel Three and online streaming platform ThreeNow.

    NZX-listed Sky said the deal would be completed on a cash-free, debt-free basis, with completion expected on August 1.

    Sky expected the deal to deliver revenue diversification and uplift of around $95 million a year.

    Sky expected Discovery NZ’s operations to deliver sustainable underlying earnings growth of at least $10 million from the 2028 financial year.

    Sky chief executive Sophie Moloney said it was a compelling opportunity for the company, with net integration costs of about $6.5 million.

    “This is a compelling opportunity for Sky that directly supports our ambition to be Aotearoa New Zealand’s most engaging and essential media company,” she said.

    Confidential advance notice
    Sky said it gave the Commerce Commission confidential advance notice of the transaction, and the commission did not intend to consider the acquisition further.

    Warner Bros Discovery Australia and NZ managing director Michael Brooks said it was a “fantastic outcome” for both companies.

    “The continued challenges faced by the New Zealand media industry are well documented, and over the past 12 months, the Discovery NZ team has worked to deliver a new, more sustainable business model following a significant restructure in 2024,” Brooks said.

    “While this business is not commercially viable as a standalone asset in WBD’s New Zealand portfolio, we see the value Three and ThreeNow can bring to Sky’s existing offering of complementary assets.”

    Sky said on completion, Discovery NZ’s balance sheet would be clear of some long-term obligations, including property leases and content commitments, and would include assets such as the ThreeNow platform.

    Sky said irrespective of the transaction, the company was confident of achieving its 30 cents a share dividend target for 2026.

    ‘Massive change’ for NZ media – ThreeNews to continue
    Founder of The Spinoff and media commentator Duncan Greive said the deal would give Sky more reach and was a “massive change” in New Zealand’s media landscape.

    He noted Sky’s existing free-to-air presence via Sky Open (formerly Prime), but said acquiring Three gave it the second-most popular audience outlet on TV.

    “Because of the inertia of how people use television, Three is just a much more accessible channel and one that’s been around longer,” Greive said.

    “To have basically the second-most popular channel in the country as part of their stable just means they’ve got a lot more ad inventory, much bigger audiences.”

    It also gave Sky another outlet for their content, and would allow it to compete further against TVNZ, both linear and online, Greive said.

    He said there may be a question mark around the long-term future of Three’s news service, which was produced by Stuff.

    No reference to ThreeNews
    Sky made no reference to ThreeNews in its announcement. However, Stuff confirmed ThreeNews would continue for now.

    “Stuff’s delivery of ThreeNews is part of the deal but there are also now lots of new opportunities ahead that we are excited to explore together,” Stuff owner Sinead Boucher said in a statement.

    On the deal itself, Boucher said she was “delighted” to see Three back in New Zealand ownership under Sky.

    “And who doesn’t love a $1 deal!” Boucher said, referring to her own $1 deal to buy Stuff from Australia’s Nine Entertainment in 2020.

    This article is republished under a community partnership agreement with RNZ.

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI China: China strongly opposes EU’s inclusion of Chinese entities in Russia sanctions

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

    A spokesperson for China’s Ministry of Commerce on Monday expressed strong dissatisfaction and firm opposition to the European Union’s (EU) decision to include Chinese companies and financial institutions in its 18th round of sanctions against Russia.

    Responding to a media inquiry, the spokesperson said the EU had disregarded China’s multiple representations and objections by unilaterally including Chinese companies in its sanctions list and imposing penalties on two Chinese financial institutions based on groundless accusations.

    The spokesperson emphasized that China consistently opposes unilateral sanctions that lack basis in international law and authorization from the United Nations Security Council.

    The EU’s actions contradict the consensus reached between Chinese and EU leaders, and will seriously undermine China-EU economic and trade ties as well as financial cooperation, the spokesperson added.

    China urges the EU to immediately cease its erroneous practice of including Chinese enterprises and financial institutions in its sanctions list, the spokesperson said. The spokesperson added that China will take necessary measures to firmly protect the legitimate rights and interests of Chinese companies and financial institutions.

    MIL OSI China News

  • MIL-OSI USA: Jewel Osco Stores in Illinois, Indiana and Iowa Voluntarily Recalls Select Items Containing Tuna Salad from Reser’s Fine Foods Due to an Ingredient Recall Linked to Possible Listeria Monocytogenes Contamination

    Source: US Department of Health and Human Services – 3

    Summary

    Company Announcement Date:
    July 17, 2025
    FDA Publish Date:
    July 21, 2025
    Product Type:
    Food & BeveragesFoodborne Illness
    Reason for Announcement:

    Recall Reason Description
    Potential Foodborne Illness – Listeria monocytogenes

    Company Name:
    Jewel Osco
    Brand Name:

    Brand Name(s)
    Jewel Osco

    Product Description:

    Product Description
    Tuna Salad Products

    Company Announcement
    Jewel Osco stores in Illinois, Indiana and Iowa are voluntarily recalling select items containing tuna salad supplied by Reser’s Fine Foods. This action follows a recall initiated by Reser’s Fine Food due to possible contamination with Listeria monocytogenes in breadcrumbs used as an ingredient in their tuna salad.
    Listeria monocytogenes is an organism which can cause serious and sometimes fatal infections in young children, frail or elderly people and others with weakened immune systems. Although healthy individuals may suffer only short-term symptoms such as high fever, severe headache, stiffness, nausea, abdominal pain and diarrhea, Listeria infection can cause miscarriages and stillbirths among pregnant women.
    Consumers who have purchased these items are urged not to consume these products and to dispose of them or return the items to their local store for a full refund. The FDA recommends in these cases that anyone who purchased or received any recalled products to use extra vigilance in cleaning and sanitizing any surfaces and containers that may have come in contact with these products to reduce the risk of cross-contamination. Listeria monocytogenes can survive in refrigerated temperatures and can easily spread to other foods and surfaces.
    There have been no reports of injuries or adverse reactions due to consumption of these products. Anyone concerned about an injury or illness should contact a healthcare provider.
    The items containing tuna salad were available for purchase at Jewel Osco in Illinois, Indiana and Iowa.
    Consumers with questions should contact Albertsons Companies’ Customer Service Center at 1-877-723-3929 Monday through Friday from 5 a.m. to 9 p.m. PST.
    Product Recall Details:

    Product Name 

    UPC 

    Size 

    Sell Thru Dates (if applicable, Or Lot Code/Est. Number)

    Store Banners 

    States 

    CLUB SANDWICH ES WITH SALAD FS

    29125900000

    EA

    Jul 16 25 Thru Jul 18 25

    Jewel Osco

    IL, IN, IA

    RM DUO TUNA SALAD W/CRACKER S

    27183000000

    EA

    Jul 17 25 Thru Jul 19 25

    Jewel Osco

    IL, IN, IA

    RM QUAD TUNA SALAD

    21500300000

    EA

    Jul 17 25 Thru Jul 19 25

    Jewel Osco

    IL, IN, IA

    RM SALAD TUNA SS /td>

    29486900000

    1 LB

    Jul 17 25 Thru Jul 19 25

    Jewel Osco

    IL, IN, IA

    RM SNDWCH CROISSNT SSTBL TUNA SALAD SS

    21372500000

    EA

    Jul 17 25 Thru Jul 19 25

    Jewel Osco

    IL, IN, IA

    RM SNDWCH TUNA SALAD CROISSANT SS COLD

    21788400000

    EA

    Jul 16 25 Thru Jul 18 25

    Jewel Osco

    IL, IN, IA

    TUNA SALAD

    21680700000

    Variable Weight

    Jul 17 25 Thru Jul 19 25

    Jewel Osco

    IL, IN, IA

    Company Contact Information

    Consumers:
    Albertsons Companies’ Customer Service Center
    1-877-723-3929

    Product Photos

    Content current as of:
    07/21/2025

    Regulated Product(s)

    Topic(s)

    Follow FDA

    MIL OSI USA News

  • MIL-OSI USA: Ernst Names Small Business of the Week, Sponheim Sales and Services

    US Senate News:

    Source: United States Senator Joni Ernst (R-IA)
    Published: July 21, 2025
    Throughout this Congress, Chair Ernst plans to recognize a small business in every one of Iowa’s 99 counties.
    RED OAK, Iowa – U.S. Senator Joni Ernst (R-Iowa), Chair of the Senate Small Business Committee, today announced her Small Business of the Week: Sponheim Sales and Services of Mitchell County. Throughout the 119th Congress, Chair Ernst plans to recognize a small business in every one of Iowa’s 99 counties.
    “Fourth-generation farmer Dean Sponheim founded Sponheim Sales and Services in 2015 based on decades of agricultural innovation,” said Chair Ernst. “Today, this family-owned business continues to cultivate success as a one-stop shop for farmers looking to learn about conservation farming practices.”
    Founded in 2015 by Dean Sponheim, a fourth-generation farmer, Sponheim Sales and Services has grown from a local conservation effort into a full-service agricultural operation supporting farmers across Iowa. The small business offers custom seed cleaning, drilling, aerial application, interseeding, and contracts with local oat and rye growers. Dean, alongside his son Josh and longtime colleague Rachel Amundson, has expanded the business to help farmers adopt sustainable practices to reduce their environmental footprint.
    Stay tuned as Chair Ernst recognizes more Iowa small businesses across the state with her Small Business of the Week award.

    MIL OSI USA News

  • MIL-OSI: Texas Parents and Fossil Free Media’s Make Polluters Pay Campaign Hold Memorial Outside White House After Deadly Flooding

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON, July 21, 2025 (GLOBE NEWSWIRE) — Today, Texas parents gathered outside the White House for a solemn memorial and press conference following the catastrophic flooding in Kerr County that claimed more than 120 lives, including 27 children attending summer camp.

    Organized by impacted families and the Make Polluters Pay, a campaign by Fossil Free Media, the memorial featured a powerful visual display of 27 children’s camp trunks on the Ellipse Lawn—each representing a young life lost. Parents placed yellow roses atop the trunks in silence before delivering impassioned remarks demanding federal accountability and urgent action to protect children from worsening climate-driven disasters.

    The ceremony concluded with a stirring performance by a local choir, who sang “Lean on Me” and “Rise Like the Water” as families stood arm in arm, calling for justice and change.

    Parents directly blamed the Trump administration’s cuts to disaster preparedness and early warning systems, including FEMA, NOAA, and the National Weather Service, which they say left communities vulnerable. Texas Senator Ted Cruz, who chairs the Senate Commerce Committee, recently inserted language into H.R. 1 that slashed millions from NOAA programs essential for flood forecasting and public alerts.

    “We know that this administration, by destroying renewable energy and using our tax dollars to prop up the fossil fuel industry, an industry that earned $102 billion dollars last year, is doing everything it can to supercharge this climate crisis,” said Texan and mom Samantha Gore. “To also be defunding our NWS and NOAA, the agencies we use to keep our children safe, at the same time is unthinkable. How dare they. Parents won’t sit back while our children die from floods that shouldn’t have been supercharged, from DOGE cuts that put their lives on the line, and from weather services not being funded. What are they thinking? We won’t back down. They are destroying everything we love.”

    In addition to demanding the restoration of life-saving public programs, demonstrators called on President Trump and Congress to hold fossil fuel companies financially accountable for the damage their pollution has caused.

    “Texans are grieving because public safety systems were dismantled to serve fossil fuel interests,” said Cassidy DiPaola, spokesperson for the Make Polluters Pay campaign. “Senator Cruz helped cut flood forecasting programs days before the storm. Now families are paying the price while polluters and their allies deflect blame. Texans deserve accountability, not excuses.”

    Speakers stressed that the Kerr County tragedy reflects a growing pattern of climate disasters that will only intensify without bold action and restoration of critical safeguards.

    “It feels like we’ve lost our way as a country in a very short time. In the six months since this administration has been in charge they have encouraged, enabled, allowed a temporary government agency, one with no oversight, to wantonly cut budgets and offer early retirements for roles that are crucial to the safety of our communities. There were other serious failures at lower levels of government, all of which directly contributed to the loss of dozens of children’s lives. These weren’t accidents or acts of God. These were intentional choices. Let that sink in,” said Texan and mom Helen Waters. “ This event affected me deeply as I grew up going to summer camp in the area and I have close friends who were caught in the flooding and nearly died. However it’s clear to me that this has, and will, happen in other places. We must fight for a social contract with reliable and accountable.”

    “As an Austin mom, I’ve been feeling the losses of the children from my community in a very visceral, immediate way,” said Texan and mom Eileen McGinnis. “As the founder of The Parents’ Climate Community, a climate nonprofit in Central Texas, I was moved to join because it’s also vital to connect these losses, this collective grief, to a larger story: kids around the world are bearing the brunt of climate change’s impacts, and we are failing to protect them.”

    To speak with parents or campaign representatives, please contact:
    Cassidy DiPaola | Fossil Free Media | cassidy@fossilfree.media | 401-441-7196

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dec3545d-41ef-480b-a8bf-bb3665e09832

    The MIL Network