Category: Commerce

MIL-OSI: UPDATE – Liquidia Corporation to Present at the 24th Annual Needham Virtual Healthcare Conference

Source: GlobeNewswire (MIL-OSI)

MORRISVILLE, N.C., April 01, 2025 (GLOBE NEWSWIRE) — Liquidia Corporation (NASDAQ: LQDA), a biopharmaceutical company developing innovative therapies for patients with rare cardiopulmonary disease, today announced that the company will provide an overview of the company’s business at a fireside chat at the 24^th Annual Needham Virtual Healthcare Conference on Wednesday, April 9, 2025, beginning at 8:45 a.m. ET.

Access to a webcast of the presentation will be available on the “Investors” page of Liquidia’s website at https://liquidia.com/investors/events-and-presentations.

An archived, recorded version of the presentation will be available on Liquidia’s website for at least 30 days following the event.

About Liquidia Corporation
Liquidia Corporation is a biopharmaceutical company developing innovative therapies for patients with rare cardiopulmonary disease. The company’s current focus spans the development and commercialization of products in pulmonary hypertension and other applications of its proprietary PRINT^® Technology. PRINT enabled the creation of Liquidia’s lead candidate, YUTREPIA™ (treprostinil) inhalation powder, an investigational drug for the treatment of pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD). The company is also developing L606, an investigational sustained-release formulation of treprostinil administered twice-daily with a next-generation nebulizer, and currently markets generic Treprostinil Injection for the treatment of PAH. To learn more about Liquidia, please visit www.liquidia.com.

Contact Information

Investors:
Jason Adair
Chief Business Officer
919.328.4350
jason.adair@liquidia.com

Media:
Patrick Wallace
Director, Corporate Communications
919.328.4383
patrick.wallace@liquidia.com

The MIL Network –

April 2, 2025
MIL-OSI Australia: ICON grant helps pro cyclist launch business

Source: Northern Territory Police and Fire Services

Chloe and her husband launched Hosking Bikes in February 2023.

In 2023, Canberran Chloe Hosking made the switch from pro-cyclist touring around Europe to launching her own bike company here in Canberra with the help of an ICON grant.

“I never set out to start a bike company, just like I never intended to become a professional cyclist, I came home with a lot of ideas,” Chloe said.

“With my husband Jack’s experience in start-up software companies and all of my industry connections, we launched Hosking Bikes in February 2023 and had bikes in market by June.

“Most business owners will know that capital raising is often one of the hardest parts of starting a business, so the grant was a huge help,” she said.

Chloe received $30,000 in matched funding last year from the ICON grant program. This enabled her to develop prototypes and help with marketing activities.

ICON grants are currently open and close 16 April 2024.

The ICON grants are delivered by the Canberra Innovation Network (CBRIN), which receives funding from the ACT Government to support entrepreneurs, innovators and start-ups, like Hosking.

Chloe wanted to create a bike tailored to the needs of women.

“Over the years, I felt I wanted to change the lack of female representation in the industry,” she said.

“When you look at the top five cycle brands, only 13 per cent of the executive and board are women. And a recent study showed that 50 per cent of the women in the industry are thinking about leaving.

“The only way to change that is to have people in the room to change the narrative.”

Wanting to see more women on bikes, Hosking Bikes is one way she’s making it more accessible.

“Cycling has given me so much, and I want women to experience the joy that I got and get from cycling. Even if they don’t go pro.

“Creating a brand like Hosking Bikes that champions getting more women on bikes is the way to do that. We’ve also created a bike that’s half the cost of other bikes and we’re very focused on building an inclusive community to support more women into the sport,” she said.

Chloe has some wise words for any women looking to start a business.

“Believe in yourself 100 per cent. As an athlete you learn that you lose a lot more than win, but you keep working toward success, even if it’s not a race.

“But also, don’t let them doubt you! They will, but ignore them!” she said.

Previous ICON grant recipients include Future Swirl and Your Season.

For more on ICON grants, visit the CBRIN website.

Be the first to know about grants and funding to support Canberra businesses – subscribe to the CBR Business update e-newsletter.

Get ACT news and events delivered straight to your inbox, sign up to our email newsletter:

MIL OSI News –

April 2, 2025
MIL-OSI: FLG Partners Announces Andrea Persily as Returning Partner

Source: GlobeNewswire (MIL-OSI)

PALO ALTO, Calif., April 01, 2025 (GLOBE NEWSWIRE) — FLG Partners, a leading CFO and CEO consulting practice and Board advisory services firm serving over 500 clients from startups to Fortune 100, has announced the election of Andrea Persily as a Partner in the firm.

Andrea worked as an FLG Partner from 2017 to 2019 before joining one of her clients in a full-time CFO capacity for over six years. “We are thrilled to welcome back Andrea to FLG,” said Managing Partner Jennifer Cho. “Andrea’s outstanding CFO credentials and deep breadth of financial and operational expertise make her a powerful addition to our already substantial bench of CFO expertise.”

“I am proud to have this opportunity to return to FLG and rejoin this best-in-class team of top-tier CFOs,” shared Ms. Persily. “I look forward to joining my peers in delivering excellence and elevating the growth of our client partners.”

Ms. Persily has significant experience as a CFO and COO in the Digital Content, Education, FinTech, Health & Wellness sectors. After beginning her career at Smith Barney, Ms. Persily joined Primedia, where she quickly grew to CFO of the Business to Business Group, overseeing strategy, financial planning, and analysis for a $350M division. She was later tapped to lead Prism Business Media (a subsidiary of Primedia) as COO, overseeing 300 employees. Later, as part of her work as CFO and COO of Spafinder Wellness, she led the spin out Booker.com, a SaaS appointment booking product, into a separate entity for which she helped obtain Series A funding. She also served as the Managing Director of WellTech Funding, a seed fund that invested in health and wellness tech startups. In 2017, Ms. Persily joined FLG Partners, bringing significant experience in M&A transactions, organizational design, and re-engineering while focusing on Media, FinTech, SaaS, and Health & Wellness. She joined FLG client Great Minds, a premier K-12 educational publisher, as a full-time CFO for over six years. There, she oversaw Finance, Accounting, Tax, Treasury, Operations, IT, and HR while converting the company’s organizational structure from a nonprofit to a public benefit corporation, setting up its first option plan.

Ms. Persily holds a BA in Economics from Cornell University and an MBA in Finance/Strategic Management from The Wharton School.

About FLG Partners
Founded in 2004, FLG Partners is the leader in CFO solutions and CEO and Board advisory services in Silicon Valley and nationwide. FLG delivers financial and operational leadership to companies ranging from startups to multi-billion-dollar public and private companies across multiple industry sectors from technology, SaaS, life sciences, to consumer products and manufacturing. FLG Partners’ engagements span interim or permanent CFO and C-suite leadership roles, CFO consulting, board directorships, and board advisory and performance consulting. With a cumulative total of over 950 years of CFO experience, FLG partners bring outstanding expertise, independence and objective leadership and industry best practices to clients in business planning and execution; fundraising and financing; SEC reporting, tax and regulatory compliance; mergers, acquisitions and divestitures; and company turnarounds and restructurings. Throughout their careers, FLG’s partners have completed approximately 350 M&A transactions, 200+ IPOs and secondary offerings, 100+ divestiture transactions, and have raised $19 billion in equity and $12 billion in debt for their clients. For more information, visit flgpartners.com.

Contact information:

Melanie LoBue
melanie@voyagercomms.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b3d8cf5d-8daf-4c9a-9220-d852e4733014

The MIL Network –

April 2, 2025
MIL-OSI: Epiq Wins Partnership with Technology and Innovation Law Firm Merchant & Gould P.C.

Source: GlobeNewswire (MIL-OSI)

NEW YORK, April 01, 2025 (GLOBE NEWSWIRE) — Epiq announced today a new partnership with Merchant & Gould P.C. focused on bringing innovation and improved operational efficiency to their law firm operations. Epiq will provide several business process outsourcing and workplace transformation services, including hospitality and reception services, copy and print productions, and mail management across its seven U.S. office locations.

Merchant & Gould is one of the nation’s leading intellectual property boutiques comprised of nearly 100 attorneys, registered patent agents, and technical experts. Epiq’s deep understanding of business transformation and depth of experience in cities across the U.S. enables it to support Merchant & Gould P.C. with leadership across a comprehensive suite of office services.

“Epiq invests in the development and training of team members to provide the critical support we need with efficiency, speed, and confidence,” said Tracey Skjeveland, Chief Financial Officer. “Epiq’s marketplace presence and ability to quickly educate employees and build a custom team that is skilled to anticipate our firm’s changing needs were a few of the factors making our selection of Epiq an ideal partner committed to our long-term success.”

Epiq’s commitment to investing in technology and extensive training ensures impactful organizational change at a cost-effective value. The cross-functionally trained staff members at Merchant & Gould P.C. support the firm’s leaders, helping to achieve operational goals and meet the everchanging demands of an evolving workplace.

“Merchant & Gould P.C. is such a well-respected and progressive firm, and we are proud to elevate their business operations and help them continue to grow,” said Michelle Deichmeister, President of Epiq’s Global Business Transformation Solutions business. “We take pride in being able to create multiskilled and empowered teams through standardized processes, technology, and our unique utility player program. In collaboration and partnership, we look forward to bringing efficiencies that help Merchant & Gould P.C. achieve their operational goals and accelerate the transformation of the business of law.”

Merchant & Gould selected Epiq based on its proven ability to provide superior service, recognized focus on process innovation, and commitment to client success. By understanding the evolution of client pressures and priorities, Epiq has become the trusted advisor to 91 of the top 100 law firms, as well as thousands of other brand name organizations across the world. Leveraging its expertise with records and information governance, business operations, utility players, process improvement, and attention to quality, Epiq soundly engrains with clients’ strategies to outsource front- and back-end processes to accelerate efficiencies.

About Epiq
Epiq is a leading legal and compliance services platform integrating people, process, and technology. Through this combination of innovative technology, legal and business expertise, and comprehensive solutions, Epiq drives efficiency in large-scale and increasingly complex tasks. High-performing clients around the world rely on Epiq to streamline the administration of business, settlement administration, legal, and compliance operations to solve immediate challenges and provide scalable ongoing support to transform the enterprise. Learn more at www.epiqglobal.com.

Press Contact
Carrie Trent
Epiq, Director of Communications and Public Relations
Carrie.Trent@epiqglobal.com

The MIL Network –

April 2, 2025
MIL-OSI: FDCTech Reports Over 111% Revenue Growth in Fiscal Year 2024, Driven by Full-Year Contributions from Strategic Acquisitions
Source: GlobeNewswire (MIL-OSI)

Robust Revenue Expansion Across All Business Segments – Investment and Brokerage, Wealth Management, and Technology Solution.

Irvine, CA, April 01, 2025 (GLOBE NEWSWIRE) — FDCTech, Inc. (“FDC” or the “Company,” PINK: FDCT), a fintech-driven firm specializing in acquiring and scaling small to mid-size legacy financial services companies, today announced audited results for the fiscal year ending December 31, 2024.

Full Year Highlights: FY 2024 vs. FY 2023
- Total Revenues: $26.94 million in FY 2024, up from $12.75 million in FY 2023 – an increase of 111.24% due to the consolidation of Alchemy Markets Ltd. (AML) and Alchemy Prime Ltd. (APL) for the full 2024 fiscal year, which contributed significantly to revenue expansion.
- Net Profit: $80,027 in FY 2024 compared to a net profit of $1.57 million in FY 2023 – a higher profit in FY 2023 was mainly due to non-recurring sales in the third quarter ending December 31, 2023.
- Gross Profit: $12.04 million in FY 2024, up from $8.88 million in FY 2023 – an increase of 92.73% due to the consolidation of AML and APL for the full 2024 fiscal year, which contributed significantly to the increase in gross profit.
- Cash Position: $24.78 million as of December 31, 2024.
- Working Capital Surplus: $9.42 million in FY 2024 compared to $7.46 million in FY 2023, an increase of 21.94%.
Performance by Segement

Investment and Brokerage
- Revenue surged to $18.80 million in FY 2024, compared to $5.02 million in FY 2023 – an increase of 274.86% due to the consolidation of AML and APL for the full 2024 fiscal year, which contributed significantly to revenue expansion.
Wealth Management
- Revenue increased to $6.50 million in FY 2024 from $5.93 million in FY 2023 – an increase of 9.63%.
Technology & Software Development
- Revenue of $1.64 million in FY 2024 compared to $1.81 million in FY 2023 – a decrease of 9.35% as the Company focused its time and effort on integrating its technology in its subsidiaries.
Strategic and Operational Highlights
- Successfully integrated full-year financials from AML and APL following 2023 acquisitions.
- AML acquired over 2,361 clients from Next Markets and 35 clients from a Cypriot broker, expanding its presence in the EU.
- AML secured authorization in terms of article 6 of the Investment Services Act, Chapter 370 of the Laws of Malta, to offer equities and money market securities, enabling the Company to provide stocks and interest-yielding products.
- Launched new offices in Cyprus, Malta, and the UK.
- Ongoing development of the Condor Investing & Trading App, slated for commercialization in late 2025.
The management is proud of the transformative growth achieved in the fiscal year 2024. With a strong capital position, scalable platform, pipeline of upcoming acquisitions, and growing international footprint, the Company is well-positioned to deliver sustained value to shareholders and clients alike in the 2025 fiscal year and beyond.

Please visit our SEC filings or the Company’s website for more information on the full results and management’s plan.

FDCTech, Inc.

FDCTech, Inc. (“FDC”) is a regulatory-grade financial technology infrastructure developer designed to serve the future financial markets. Our clients include regulated and OTC brokerages and prop and algo trading firms of all sizes in forex, stocks, commodities, indices, ETFs, precious metals, and other asset classes. Our growth strategy involves acquiring and integrating small to mid-size legacy financial services companies, leveraging our proprietary trading technology and liquidity solutions to deliver exceptional value to our clients.

Press Release Disclaimer

This press release’s statements may be forward-looking statements or future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets, and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. The Company does not make any representation or warranty, express or implied, regarding the accuracy, completeness, or updated status of such forward-looking statements or information provided by the third party. Therefore, in no case will the Company and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages.

Contact Media Relations
FDCTech, Inc.
info@fdctech.com
www.fdctech.com
+1 877-445-6047
200 Spectrum Center Drive, Suite 300,
Irvine, CA, 92618

The MIL Network –
April 2, 2025
MIL-OSI Global: Planned blackouts are becoming more common − and not having cash on hand could cost you

Source: The Conversation – USA – By Jay L. Zagorsky, Associate Professor Questrom School of Business, Boston University

Are you prepared for when the power goes out? To prevent massive wildfires in drought-prone, high-wind areas, electrical companies have begun preemptively shutting off electricity. These planned shutdowns are called public safety power shutoffs, abbreviated to PSPS, and they’re increasingly common. So far this year, we’ve seen them in Texas, New Mexico and California.

Unlike regular power failures, which on average last only about two hours while a piece of broken equipment is repaired, a PSPS lasts until weather conditions improve, which could be days. And these shutoffs come at a steep price. In 2010 alone, they cost California over US$13 billion. A 2019 analysis of shutoffs in Placer County, California, found that they harmed 70% of local businesses.

I am a business school professor who studies how people pay for things, including during emergencies. As I point out in my new book “The Power of Cash: Why Using Paper Money is Good for You and Society,” many people have abandoned paper money and switched to electronic payments such as credit cards and mobile apps. This can become a big problem during an emergency, since these systems need electricity to operate. The switch to electronic payments is making the world less resilient in the face of increasing numbers of major natural disasters.

So if a public safety power shutoff strikes and you don’t have any cash, you may be doubly vulnerable. On the other hand, keeping cash can protect you – and not just you and your family, but also local businesses and your community. After all, keeping the economy moving during shutoffs reduces the financial damage they cause.

Why do they keep turning off the power, anyway?

It’s all about risk.

The world has experienced a number of very destructive wildfires recently. In 2025, large parts of Los Angeles burned to the ground, with over 18,000 buildings destroyed or damaged. In 2023, wildfires in Hawaii killed over 100 people. Massive wildfires have also occurred recently in South Korea, Portugal and Australia.

Governments, people whose houses burned and insurance companies are all looking for someone to blame and pay for the damage. Climate change, which is increasing the world’s average temperatures and drying out trees and grass, is setting the conditions. Since Mother Nature cannot be sued, utilities make handy scapegoats with deep pockets. Electrical utilities are sued because their power lines, transformers and other equipment often start blazes.

So to prevent lawsuits as well as fires, power companies are increasingly turning off the power when the conditions are ripe for a catastrophic blaze. There’s no uniform set of standards for when to impose a shutdown, but in general, power companies do it when there are hot, dry and windy conditions. For example, a PSPS is triggered in Hawaii if there’s a drought, wind gusts are over 45 miles per hour and relative humidity is under 45%.

Power shutoffs are a relatively new idea. They were proposed in California in 2008 and first allowed in 2012.

Since then, power companies across the entire western U.S. from Texas to Hawaii have adopted these plans. Shutoff plans also stretch from southern border states such as Arizona to northern border states such as Idaho and Montana.

Shutting off the power is a huge problem, since it causes massive disruption to communities. People depend on power to run medical equipment, work and keep communities safe. Even people with a desperate need for electricity, such as those on medical life support, are not immune to a safety shutoff.

How to prepare for a PSPS

As the world warms, the chance of being caught in a preemptive power shutoff increases. What can you do to minimize the impact?

Having solar panels won’t protect you: Utilities shut off customers with solar panels to block those panels from pushing power onto the grid, since the whole goal is to shut off the grid. The only way for you to still have power is to buy a battery storage system and a transfer switch, which allows you to take your system completely off the grid. But this is very expensive.

Getting a portable generator is only a partial solution for a multiday shutoff, since most last only six to 18 hours on a single tank of gas. Plus, generators run very hot, which creates its own fire risk.

Another way to minimize the impact of both a power shutoff and a wildfire is to create a small disaster relief kit, or “go bag.” Creating one is relatively inexpensive. It should contain key items such as water, your medicines, some shelf-stable food – and importantly, some cash. Even some government websites forget to mention this.

It’s also important to use paper money before a shutoff happens. I have all too frequently seen gas station attendants, supermarket checkout clerks and restaurant servers have no idea how to handle cash.

Recently at my local supermarket, for example, I paid with a $20 bill. The cashier had to ask another employee which kinds of coins to use to make change. If people don’t know how to handle cash during normal times, it ceases to be useful during emergencies.

As the world warms, public safety power shutoffs will occur more frequently. The shutoffs clearly highlight the trade-off between economic and social disruption versus preventing dangerous wildfires. These shutoffs show there are no easy solutions – only hard choices.

There are a few sensible and easy steps to take to reduce the impact of these shutoffs. One is to understand that during one of the very moments you might really need to spend money, modern payment systems fail. Holding and frequently using old-fashioned cash is a simple and low-cost way to protect yourself and your family.

Jay L. Zagorsky does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

– ref. Planned blackouts are becoming more common − and not having cash on hand could cost you – https://theconversation.com/planned-blackouts-are-becoming-more-common-and-not-having-cash-on-hand-could-cost-you-253319

MIL OSI – Global Reports –

April 2, 2025
MIL-OSI Russia: HSE Opens Applications for Online Master’s Programs

Translartion. Region: Russians Fedetion –

Source: State University Higher School of Economics – State University Higher School of Economics –

The admissions campaign for 32 master’s programs of the HSE online campus started on April 1, five of which are opening enrollment for the first time. We tell you more about which programs are available for study entirely online.

The Higher School of Economics is the leader among universities in the Russian Federation and the CIS in terms of the number of educational programs implemented online and the number of students studying in them. Since the launch of the country’s first English-language online Master’s degree program, Master of Data Science, in 2020, the number of students admitted to the first year has increased 12-fold.

In December 2024, HSE was among the 11 global universities that are leaders in online education according to the Online Learning Rankings 2024 of Times Higher Education magazine, and also became the only Russian university to win gold.

In 2025, five more new programs will be added to the portfolio, most of which are cross-disciplinary and meet the needs of emerging markets.

The program “Applied Linguistics: Foreign Language Teaching and Translation in the Digital Environment” includes two specializations to choose from. Students can study digital methods of teaching foreign languages or the development of educational programs EdTech and professionally oriented automated translation and language localization. The program “Instructional Design: Theory and Practice of Learning”, which is close in scope, will train specialists capable of designing educational experiences and developing programs, courses and training materials.

Another new online program, “Chinese Language in Intercultural Business Communication,” is aimed at training personnel with knowledge of the Chinese language, cultural and social aspects, as well as business approaches for effective interaction with partners from China in order to build business, scientific, and educational contacts between the countries.

The Digital Marketing program will provide future masters with knowledge and skills at the intersection of marketing, data analysis and digital technologies for the implementation of advertising campaigns in the digital environment. And graduates of the Digital Engineering for Computer Games program will have competencies in developing games and gaming software with in-depth knowledge of engine features.

A total of 32 programs became available for submission of documents from April 1, most of which are implemented entirely online, and for three, in addition to the online track, an offline track is also available. Applicants can choose an unlimited number of educational programs. The acceptance of documents for the online master’s program will last until August 8 or September 15, depending on the chosen program.

Master’s programs with application deadline until August 8, 2025:

«Big data analytics“;

«Artificial Intelligence in Marketing and Product Management“;

«Artificial intelligence“;

«Applied Linguistics: Foreign Language Teaching and Translation in the Digital Environment“, HSE University – St. Petersburg (new program);

«Applied social psychology“;

«Design and development of high-load information systems“, National Research University Higher School of Economics – Saint Petersburg;

«Psychoanalysis and psychoanalytic psychotherapy» (offline and online tracks);

«Psychoanalysis and psychoanalytic business consulting» (offline and online tracks);

«Digital Engineering for Computer Games» (new program);

«Economic analysis“.

Programs for which application submission is available until September 15, 2025:

«Investments in financial markets“;

«Data Engineering“;

«Interactive design“;

«IT lawyer“, HSE University – Perm;

«Cybersecurity“;

«Chinese Language in Intercultural Business Communication» (new program);

«Master of Science in Data Science“;

«Marketing management“;

«Instructional Design: Theory and Practice of Learning» (new program);

«Management in creative industries“;

«Innovative Business Management“;

«Organization and Project Management“, HSE University – Nizhny Novgorod;

«Strategic Communications Management“;

«Digital Product Management“;

«Digital Urbanism and City Analytics“;

«Digital Marketing“, HSE University – Nizhny Novgorod (new program);

“Artifice to the intelligentsian Andi Computer Vision”, National Research University Higher School of Economics – Nizhny Novgorod;

“Date analysts And Social Statistix“;

“Lay those“;

“Master of Busineses Analytics“;

“Master of the Finance“;

“Master of OF InterNATIONAL BUSINESS” (offline and online tracks).

For each program is installed list of entrance examinations, the most common format is a portfolio competition. All of them are held remotely. Training is carried out according to standards: 2 years are allocated for a master’s degree. Upon completion of the final qualifying work, graduates will receive a state diploma indicating full-time education in Russian and English. You can sign up for a consultation to learn more about the programs, the possibility of obtaining an educational loan, and ask other questions at page.

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

MIL OSI Russia News –

April 2, 2025
MIL-OSI: Study Finds Brain Training Also Helps Caregivers of Dementia Patients

Source: GlobeNewswire (MIL-OSI)

SAN FRANCISCO, April 01, 2025 (GLOBE NEWSWIRE) — While a particular brain training app —BrainHQ from Posit Science — has already been shown to prevent cognitive decline and improve brain health in older adults, researchers at the University of Rochester and Stanford University have now found that the same app can improve cognitive health in family members who are providing care to loved ones with Alzheimer’s Disease and related dementias.

“Anyone who has been a family caregiver knows how mentally demanding and exhausting that vital role is,” observed Dr. Henry Mahncke, CEO of Posit Science. “We applaud the independent researchers who designed and ran this new study for taking these issues seriously and for recognizing that the benefits of BrainHQ shown in studies of other populations could also address the brain health challenges experienced by caregivers.”

According to the Alzheimer’s Association, each year more than 11 million Americans are providing an estimated 18.4 billion hours of unpaid care (valued at more than $346 billion) to people living with dementia.

The chronic stress of caregiving, this new study notes, is known to be associated with many health risks for caregivers, including accelerated cognitive aging (declines in attention, processing speed, and memory), greater risks of ill health and mortality, as well as diminished emotional well-being. Family caregivers are often older adults themselves, with challenges in adapting to the ongoing stressors of caregiving. Such stressors include watching a family member’s declining functional ability and increasing neuropsychiatric symptoms (apathy, mood disturbance, and agitation), as well as behavioral changes. Those stressors are often compounded by feelings of loss of a significant relationship with a loved one, as well as by family conflict around care.

In this randomized controlled study published in Innovation and Aging, a peer-reviewed journal of the Gerontological Society of America, the researchers reported they had enrolled 195 caregivers (aged 55-85) and randomized them into either the intervention group, which was assigned five exercises organized as a regimen on the BrainHQ app, or into an active control group, which was assigned educational videos (e.g., public television series on cooking, travel, or history, and other documentaries) that participants self-selected from a study website. Participants in both groups were asked to engage in their assigned activity for 30 minutes per session, across 3 sessions per week, for 8 weeks (12 hours, in total).

All participants were assessed (at baseline, after 8 weeks, and at 6- and 12-month follow-ups) on measures of processing speed and attention, working memory under stress, and emotion reactivity to laboratory and caregiving stressors.

The researchers found that the BrainHQ group had significantly improved processing speed and attention performance as compared to the active control group, and these differences persisted through the 6-month follow-up. In the 6-month follow-up, working memory performance under stress was significantly better among the BrainHQ compared to the active control group. At 12 months, caregivers in the BrainHQ group reported less negative emotion in response to behavioral symptoms of their care recipient. There were no group differences on acute emotion reactivity to the laboratory stressor at any time point.

The researchers conclude, “Evidence from this clinical trial suggests that with continued development, targeted, neuroplasticity-based cognitive training has strong potential to strengthen stress adaptation and emotional resilience in caregivers of a family member with ADRD” [Alzheimer’s disease and related dementias].

BrainHQ exercises have shown benefits in more than 300 studies. Such benefits include gains in cognition (attention, speed, memory, decision-making), in quality of life (depressive symptoms, confidence and control, health-related quality of life) and in real-world activities (health outcomes, balance, driving, workplace activities). BrainHQ is offered by leading health and Medicare Advantage plans, by leading medical centers, clinics, and communities, and by elite athletes, the military, and other organizations focused on peak performance. Consumers can try a BrainHQ exercise for free daily at https://www.brainhq.com.

The MIL Network –

April 2, 2025
MIL-OSI: BigCommerce Becomes NAED Corporate Partner to Advance Digital Innovation in Electrical Distribution, a Key B2B Market

Source: GlobeNewswire (MIL-OSI)

AUSTIN, Texas, April 01, 2025 (GLOBE NEWSWIRE) — BigCommerce (Nasdaq: BIGC), a leading provider of open, composable commerce solutions for B2C and B2B brands and retailers, today announced its corporate partnership with the National Association of Electrical Distributors (NAED), reinforcing BigCommerce’s commitment to driving digital transformation and growth in the electrical distribution industry.

“This partnership reflects BigCommerce’s commitment to the electrical distribution sector, with a specific focus on empowering manufacturers and distributors to embrace digital-first strategies, to drive growth,” said Lance Owide, general manager of B2B at BigCommerce. “As buying behaviors evolve and operational complexity increases, BigCommerce is committed to helping electrical distributors modernize their sales channels, streamline back-office processes and leverage data to enhance customer experiences.”

By aligning with NAED, BigCommerce will help ignite innovation within the electrical distribution industry, enabling businesses to stay competitive and future-ready to successfully navigate the digital landscape. The partnership comes as BigCommerce continues to invest in its B2B commerce capabilities to support manufacturers, distributors and wholesalers seeking to improve efficiency and digitize their operations quickly on modest budgets.

“We’re thrilled to welcome BigCommerce as an NAED corporate partner,” said Scott Wagner, director of industry transformation at NAED. “Their engagement in the recent NAED Eastern Regional Conference, including thought leadership on AI from BigCommerce’s Paul Dabrowski, highlights their commitment to helping distributors navigate the rapidly evolving tech landscape. We look forward to collaborating with BigCommerce to drive innovation and support the future of the industry.”

As part of its ongoing commitment, BigCommerce will focus on key NAED initiatives, including the Digital Center of Excellence and workforce development programs. The company understands the talent shortages and retention challenges facing distributors and will work alongside NAED to develop strategies for attracting and nurturing the next generation of professionals.

NAED’s Digital Center of Excellence will provide NAED members with the resources to enhance online sales, streamline operations, and optimize customer experiences. BigCommerce is excited to collaborate with NAED to drive modernization and success in electrical distribution.

Learn more about BigCommerce’s B2B solutions here.

About BigCommerce

BigCommerce (Nasdaq: BIGC) is a leading open SaaS and composable ecommerce platform that empowers brands, retailers, manufacturers and distributors of all sizes to build, innovate and grow their businesses online. BigCommerce provides its customers sophisticated professional-grade functionality, customization and performance with simplicity and ease-of-use. Tens of thousands of B2C and B2B companies across 150 countries and numerous industries rely on BigCommerce, including Coldwater Creek, Harvey Nichols, King Arthur Baking Co., MKM Building Supplies, United Aqua Group and Uplift Desk. For more information, please visit www.bigcommerce.com or follow us on X and LinkedIn.

BigCommerce® is a registered trademark of BigCommerce Pty. Ltd. Third-party trademarks and service marks are the property of their respective owners.

Media Contact:
Brad Hem
pr@bigcommerce.com

The MIL Network –

April 2, 2025
MIL-OSI: NANO Nuclear Energy Bolsters its Regulatory Licensing Team with the Addition of Veteran Nuclear Professional Brent Hamilton as Director of Quality Assurance
Source: GlobeNewswire (MIL-OSI)

New York, N.Y., April 01, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced the appointment Brent Hamilton as its Director of Quality Assurance.

This appointment continues a series of important additions to NANO Nuclear’s engineering, scientific and regulatory licensing personnel as the Company seeks to progress its proprietary, advanced nuclear micro reactor designs through construction, demonstration, regulatory licensing and ultimately commercialization.

Mr. Hamilton has over 26 years of quality control, quality engineering, and quality assurance experience, primarily in nuclear construction for commercial nuclear, Department of Energy projects, and nuclear fuel manufacturing. In these roles, he gained extensive experience in the development of Quality Management Systems and their implementation. Each were focused on meeting key regulatory licensing regulatory requirements, including those included as part 10 CFR Part 50, Appendix B; 10 CFR Part 70; 10 CFR Part 830; DOE O 414.1D; and/or CSA N286. His experience and knowledge are expected to be of great benefit in the identification of critical project attributes and the development of processes to validate them.

“It is an honor to assume this role and contribute my expertise in implementing robust quality assurance programs for NANO Nuclear’s reactors in development,” said Brent Hamilton, Director of Quality Assurance of NANO Nuclear. “My background spans multiple nuclear initiatives, and I firmly believe that the U.S. nuclear industry’s future depends on innovative, dedicated teams like the one at NANO Nuclear. I look forward to helping ensure that all of NANO Nuclear’s technologies are built to the highest quality standards as we advance our plans.”

Figure 1 – NANO Nuclear Energy Inc. Appoints Brent Hamilton as its Director of Quality Assurance.

Mr. Hamilton is expected to bring invaluable insight and guidance as NANO Nuclear’s reactor development projects move forward. Mr. Hamilton has held quality leadership positions in projects such as: early site work for the Plutonium Processing Facility at the Savannah River National Laboratory (SRNL); development of manufacturing scale processes for TRISO fuel and establishment of a pilot facility in Oak Ridge, Tennessee; and construction of the Spent Fuel Handing Project (SFHP) for the Naval Reactors Facility in Idaho. Mr. Hamilton has spent many years involved with the construction of the AP1000 reactor projects in Georgia and South Carolina and the Depleted Uranium Hexafluoride Conversion Facility in Kentucky.

“NANO Nuclear is rapidly expanding its roster with veteran nuclear energy professionals who have in-depth experience working closely with the U.S. Department of Energy, and Brent’s arrival reflects that trend and our commitment to retaining the best talent we can,” said Jay Yu, Founder and Chairman of NANO Nuclear. “His expertise aligns perfectly with our vision to advance our reactor designs to the next stage of development and I’m confident he will be a key contributor to NANO Nuclear’s growth.”

“Brent is a highly experienced professional who brings a comprehensive understanding of nuclear reactor development, particularly our newly acquired KRONOS MMR^™ Energy System and portable LOKI MMR^™ from his tenure at Ultra Safe Nuclear Corporation,” said James Walker, Chief Executive Officer of NANO Nuclear. “His continuity in this area will be essential as we work to quickly move our reactors through the next stages of development. I am pleased to welcome a professional of his caliber to our expanding team.”

About NANO Nuclear Energy, Inc.

NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.

Led by a world-class nuclear engineering team, NANO Nuclear’s reactor products in development include patented KRONOS MMR^™ Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign (U. of I.), “ZEUS”, a solid core battery reactor, and “ODIN”, a low-pressure coolant reactor, and the space focused, portable LOKI MMR^™, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors.

Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.

HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.

NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR^™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon’s surface.

For more corporate information please visit: https://NanoNuclearEnergy.com/

For further NANO Nuclear information, please contact:

Email: IR@NANONuclearEnergy.com
Business Tel: (212) 634-9206

PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:

NANO Nuclear Energy LINKEDIN

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Cautionary Note Regarding Forward Looking Statements

This news release and statements of NANO Nuclear’s management in connection with this news release contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. In this press release, forward-looking statements include those related to the anticipated benefits to NANO Nuclear of the appointment of Mar. Hamilton, as well as the Company’s regulatory plans in general, as described herein. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”) or related state or non-U.S. nuclear fuel licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

Attachment
- NANO Nuclear Energy Inc.
The MIL Network –
April 2, 2025
MIL-OSI: Liquidia Corporation to Present at the 24th Annual Needham Virtual Healthcare Conference

Source: GlobeNewswire (MIL-OSI)

MORRISVILLE, N.C., April 01, 2025 (GLOBE NEWSWIRE) — Liquidia Corporation (NASDAQ: LQDA), a biopharmaceutical company developing innovative therapies for patients with rare cardiopulmonary disease, today announced that the company will provide an overview of the company’s business at a fireside chat at the 24^th Annual Needham Virtual Healthcare Conference on Tuesday, April 8, 2025, beginning at 8:45 a.m. ET.

Access to a webcast of the presentation will be available on the “Investors” page of Liquidia’s website at https://liquidia.com/investors/events-and-presentations.

An archived, recorded version of the presentation will be available on Liquidia’s website for at least 30 days following the event.

About Liquidia Corporation
Liquidia Corporation is a biopharmaceutical company developing innovative therapies for patients with rare cardiopulmonary disease. The company’s current focus spans the development and commercialization of products in pulmonary hypertension and other applications of its proprietary PRINT^® Technology. PRINT enabled the creation of Liquidia’s lead candidate, YUTREPIA™ (treprostinil) inhalation powder, an investigational drug for the treatment of pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD). The company is also developing L606, an investigational sustained-release formulation of treprostinil administered twice-daily with a next-generation nebulizer, and currently markets generic Treprostinil Injection for the treatment of PAH. To learn more about Liquidia, please visit www.liquidia.com.

Contact Information

Investors:
Jason Adair
Chief Business Officer
919.328.4350
jason.adair@liquidia.com

Media:
Patrick Wallace
Director, Corporate Communications
919.328.4383
patrick.wallace@liquidia.com

The MIL Network –

April 2, 2025
MIL-OSI Global: Cannabis retail expansion in Canada came with only a small uptick in the number of consumers

Source: The Conversation – Canada – By Michael J. Armstrong, Associate Professor, Operations Research, Brock University

Ever since recreational cannabis was legalized across Canada in 2018, researchers have been studying what that decision changed for Canadians.

We’ve learned, for example, that some patients immediately left the medical cannabis system, presumably to use recreational products instead. Conversely, legalization appeared to have no effect on Canadian alcohol sales.

We’ve similarly seen how cannabis retailing has evolved since it became legal.

Retailers suffered from product shortages during legalization’s first six months, but steadily expanded soon after. Canada went from having some 210 stores in April 2019 to 3,500 in April 2023. The ensuing competition pushed prices down 28 per cent during that period.

Meanwhile, provincial governments have tried various regulatory approaches. Some initially restricted the number of stores to avoid tempting non-users. Québec still has 10 times fewer stores per capita than Ontario does as a result. Other provinces have set minimum prices to discourage people from overindulging. For example, Ontario won’t let wholesale prices drop below $2.28 per gram.

These developments in business and government policy prompted my latest research. I wanted to understand what effect retail expansion had on cannabis use. To do this, I analyzed consumer responses on government surveys collected between 2019 to 2023. I then compared these responses to the recreational cannabis consumer price index and the numbers of licensed stores in each province.

Did Canadians consume cannabis more widely, more frequently and at younger ages as it became more accessible and affordable? The answer was mostly no.

More women and older adult consumers

The percentage of men who used cannabis stayed around 28 per cent between 2019 and 2023 — despite retailers’ massive store growth and notable price cuts.

But usage did grow slightly among women — rising from 21 per cent in 2019 to 23 per cent in 2023. My analysis suggests this was related to the increasing affordability of cannabis, not its retail convenience. More women consumed cannabis when prices fell, not when more shops opened.

A similar contrast appeared between younger and older adults. Cannabis use among Canadians aged 25 and over crept upward from 21 to 23 per cent. That increase again seemed related to falling prices rather than expanding stores. Meanwhile, usage among those aged 16 to 24 varied year-to-year, but remained around 46 per cent.

The average age of first-time use consequently rose from 19.2 in 2019 to 20.8 years old in 2023. This finding also seemed correlated with both falling prices and expanding stores.

Same frequency, more edibles

One thing that didn’t change much was frequency of use. About one-quarter of cannabis consumers used it five or more days per week in both 2019 and 2023.

However, their product preferences shifted. The percentage who smoked dried cannabis decreased while the percentage of consumers who consumed edibles increased. Some consumers used both types of products, or used other products entirely — such as vapes. Both changes seemed related to prices rather than the number of retail stores. Consumers seemingly traded-up from basic dried cannabis to processed edibles as prices fell.

So overall, Canada’s substantial retail developments came with only modest usage growth.

The apparent relationships between usage and price might partly be coincidental. Product selection and quality also improved, so they likely contributed too. But falling prices do seem to be a plausible explanation for the increased cannabis consumption that was seen.

The lack of relationship between stores and usage might seem surprising. After all, Canada experienced a 16-fold explosion in stores between 2019 and 2023. But this finding correlates with what my previous research found; it showed that between 2018 and 2020, there was a similar non-relationship between retail expansion of cannabis stores and usage.

Read more:
Cannabis store openings in Canada only slightly affected the number of users

So, perhaps the main effect of retail stores was to draw existing users away from illegal dealers, rather than to tempt new ones.

I suspect retailers probably influenced usage somewhat in their local neighbourhoods. For example, someone who walked by a new store daily on their way to work might have decided to try cannabis. But this effect would have been too small to appear in province-level measurements.

Price restriction

The findings from my study suggests some tentative lessons for regulators.

If opening more stores has minimal impact on usage, there’s little need to limit their numbers. Provinces don’t need to ration store licenses, and municipalities (like Markham and Oakville in Ontario) don’t need to ban them.

But since price declines tempt more consumers, it’s important for policymakers to prevent prices from getting too low.

Other countries who are considering legalizing cannabis may want to consider these points, too.

For example, medical cannabis use is surging in Australia, much like it was in Canada a decade ago. And Australia’s Green Party is campaigning for recreational legalization in the upcoming federal election. If that election produces a coalition government, legalization might be on its agenda. They could look at our policies and hopefully improve on them.

Meanwhile in Germany, the previous government legalized recreational use, but not sales. So, Germans must grow their own plants or join a club that does. Commercial products are sold only through the country’s medical cannabis system. Unsurprisingly, medical use is soaring there. Based on what my research suggests, Germany will likely see similar usage growth, whether it allows stores or not. But allowing stores would mean consumers could buy products from licensed sources instead of illicit dealers.

Canada’s cannabis legalization was controversial at the time. But some Canadians say it has become a memorable part of Justin Trudeau’s complicated legacy. Now that he’s no longer prime minister, that’s something he and his biographers can contemplate.

Michael J. Armstrong does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

– ref. Cannabis retail expansion in Canada came with only a small uptick in the number of consumers – https://theconversation.com/cannabis-retail-expansion-in-canada-came-with-only-a-small-uptick-in-the-number-of-consumers-252008

MIL OSI – Global Reports –

April 2, 2025
MIL-OSI USA: Last Day to Apply for FEMA Individual Assistance and SBA Disaster Loans

Source: US Federal Emergency Management Agency 2

strong>LOS ANGELES – Today is the last day to apply for FEMA disaster assistance and U.S. Small Business Administration (SBA) low-interest disaster loans for homeowners, renters, nonprofits and businesses impacted by the January wildfires in Los Angeles County.
The deadline for FEMA Individual Assistance and SBA disaster loans is tonight at 11:59 P.M. PT, Monday, March 31.
Apply for FEMA Individual Assistance:

Online at DisasterAssistance.gov (fastest option).
On the FEMA App (available at the Apple App Store or Google Play).
On the FEMA Helpline at 1-800-621-3362. If you use a relay service, give FEMA your number for that service. Assistance is available in multiple languages. Lines are open Sunday–Saturday, from 4 a.m.- 10 p.m. Pacific Time.
Visit a Disaster Recovery Center (DRC). To find a DRC near you, visit the DRC Locator. Addresses are also listed below:

UCLA Research Park West 10850 West Pico Blvd. Los Angeles, CA 90064 Open Mon. – Sat.: 9 a.m. to 7 p.m.
Altadena Disaster Recovery Center540 West Woodbury Rd. Altadena, CA 91001 Open Mon. – Sat.: 9 a.m. to 7 p.m.

For an American Sign Language video on how to apply, visit FEMA Accessible: Three Ways to Register for FEMA Disaster Assistance
Apply for an SBA Low-Interest Disaster Loan:

Online at sba.gov/disaster
At SBA’s Customer Service Center at 1-800-659-2955. People who are deaf, hard of hearing or have a speech disability may dial 711 to access telecommunications relay services.
By emailing DisasterCustomerService@sba.gov, where you can get information or request a loan application.
At a Disaster Recovery Center or Business Recovery Center, where you can submit a completed application, or SBA representatives can help you apply. To find a BRC near you, go to Appointment.sba.gov.

Applications for disaster loans may be submitted online using the MySBA Loan Portal at https://lending.sba.gov or other locally announced locations.

The Right of Entry (ROE) form deadline has been extended – submit an ROE form to LA County by April 15:

Follow FEMA online, on X @FEMA or @FEMAEspanol, on FEMA’s Facebook page or Espanol page and at FEMA’s YouTube account. For preparedness information follow the Ready Campaign on X at @Ready.gov, on Instagram @Ready.gov or on the Ready Facebook page.
California is committed to supporting residents impacted by the Los Angeles Hurricane-Force Firestorm as they navigate the recovery process. Visit CA.gov/LAFires for up-to-date information on disaster recovery programs, important deadlines, and how to apply for assistance.

MIL OSI USA News –

April 2, 2025
MIL-OSI United Nations: Global Assessment Report (GAR) 2025

Source: UNISDR Disaster Risk Reduction

Disasters, pandemics, and other shocks are becoming more frequent, more intense, and more unpredictable. At the same time, the costs of responding and rebuilding are rising faster than many countries can manage. To avoid falling deeper into debt and disruption, we need a new kind of financial system, one that is ready before the crisis starts, and flexible enough to support recovery after.

This section explores how governments, businesses, and financial institutions can work together to build that system. It looks at how public and private money can be combined to fund resilience, how better data and regulation can reduce risk, and how financial tools, from insurance to social protection, can help people and economies bounce back stronger.

Each part offers practical ways to shift from a system that reacts to disasters, to one that plans, protects, and invests in long-term resilience.

5.1 Scaling Up Blended Finance

Most countries do not have enough public money to meet their growing disaster and climate risks. But private investors are often hesitant to put money into high-risk areas. Blended finance helps solve this problem by using public or development funding to reduce risk and attract private capital.

Platforms like GAIA (Global Action on Investment for Adaptation <<https://www.greenclimate.fund/project/fp223>>) aim to make this easier. [add link] GAIA works to bring governments, private investors, and communities together to support projects that reduce disaster risk, protect ecosystems, and build long-term resilience. These platforms make it easier to fund solutions in places that need them most, but that investors might otherwise avoid.

Blended finance is not just about funding projects. It is about changing how and where money flows, so that resilience becomes part of every investment decision.

5.2 Corporate Climate Risk Disclosures

Businesses face growing risks from climate change and disasters, but many still do not fully understand or report them. This creates blind spots for investors, insurers, and regulators. One important step is to make climate risk disclosure part of standard business reporting.

Mandatory reporting systems, like those being adopted in the European Union and other regions, help companies identify their exposure to climate risks. This includes physical risks, like floods or heatwaves, and financial risks, such as supply chain disruptions or energy price shocks.

When risks are made visible, businesses are more likely to act early. Investors can make better decisions, and regulators can help reduce systemic financial risks across the economy.

5.3 Expanding Regional Insurance Mechanisms

For many small or vulnerable countries, the cost of disasters is too big to manage alone. Regional insurance pools allow countries to share the risk and access quick funding after a shock. These systems are especially useful for small island states and low-income countries with limited financial reserves.

Two leading examples are: [links to those initiatives in the web]

These mechanisms help countries access payouts quickly after hurricanes, earthquakes, or floods. This reduces pressure on public budgets and speeds up recovery. Countries pay into the pool, and when disaster strikes, they get fast, rules-based support. Check how regional insurance helped Dominica recover more quickly from one of the strongest storms ever recorded in the Caribbean.

Case study: [CCRIF payout after Hurricane Maria in Dominica]

5.4. Unlocking Green Resilience Bonds

Green bonds are already used to fund projects that reduce emissions or support clean energy. But they can also support disaster resilience. When these bonds include components like flood protection, climate-smart agriculture, or heat-resilient infrastructure, they become powerful tools for long-term risk reduction.

Some governments and financial institutions are now designing green resilience bonds that combine climate and disaster goals. These bonds allow investors to support both environmental and social outcomes.

For example, Costa Rica issued green bonds with a focus on nature-based solutions and climate adaptation. These projects aim to both cut emissions and reduce the impacts of floods and droughts.

Case study: [Costa Rica’s green bond program]

5.5. Adaptive Social Protection for Disaster Recovery

Social protection systems, like cash transfers, food assistance, or public works programs, can be powerful tools for resilience, especially when they are flexible. When designed to scale up during shocks, they can protect people from falling into poverty after a disaster.

This is called adaptive social protection. It links disaster early warning systems with financial systems that can respond quickly to changing needs. For example, a drought warning might trigger extra cash support for farmers before their crops fail.

Like in the Philippines, a national social protection program was adapted to respond to typhoon impacts. It helped deliver assistance more quickly and reach the most vulnerable communities during emergencies.

Case study: [Philippines’ shock-responsive social protection system]

5.6. How Central Banks Can Support Resilience Finance

Central banks play a key role in keeping economies stable. As climate risks grow, they can also help make financial systems more resilient. This means looking at how disasters affect inflation, lending, and investment flows, and adjusting policies to support preparedness.

Central banks can include disaster and climate risks in their stress tests and financial supervision. They can also support green finance guidelines, invest in resilience bonds, or offer incentives for banks that support risk reduction projects.

Bangladesh’s central bank created a special refinancing scheme to support solar energy, flood-resilient housing, and climate-smart farming. This shows how monetary policy can support resilience at the local level.

Case study: [Bangladesh Bank’s green refinancing program]

MIL OSI United Nations News –

April 2, 2025
MIL-OSI Asia-Pac: Promote Fishing Practices

Source: Government of India

Posted On: 01 APR 2025 3:45PM by PIB Delhi

‘Fisheries’ is a state subject. While the governance of fisheries in the territorial waters of 12 nautical miles falls under the domain of the State Governments, fisheries in the Exclusive Economic Zone (EEZ) and beyond is the subject of the Union Government. The ‘National Policy on Marine Fisheries, 2017’ (NPMF, 2017) notified by the Department of Fisheries, Government of India provides guidance for sustainable harnessing of marine resources in the country. The conservation and management measures implemented for sustainable harnessing of marine resources inter alia include 61 days of annual fishing ban, Ban on destructive fishing practices viz. paired bottom trawling or bull trawling and use of artificial and LED lights in fishing, marine protected areas (MPAs) and protection of endangered, threatened and protected (ETP) species, Turtle Excluder Devices (TEDs) in trawl nets, fishing gear and mesh-size regulations, minimum legal size (MLS) of fishes, spatial-temporal restrictions, and zonation of fishing areas by the coastal States/UTs, etc.

The Department of Fisheries, Government of India is implementing a flagship scheme “Pradhan Mantri Matsya Sampada Yojana (PMMSY)” with a vision of ecologically healthy, economically viable and socially inclusive fisheries sector that contributes towards economic prosperity and well-being of fishers in a sustainable and responsible manner. Under PMMSY, the activities such as sea ranching and installation of artificial reefs are supported for the first time by the Government across entire coastline of India for enhancing the fish stocks and supporting livelihood of fishers. Besides, the activities such as mariculture including seaweed cultivation, open sea cage culture, bivalve culture and ornamental fisheries are also promoted under PMMSY to reduce the fishing pressure in the nearshore waters and enhancing marine production. Advisories are also issued to coastal States/UTs from time to time for preventing juvenile fishing and promoting sustainable fishing practices.

Government schemes including PMMSY are aimed at reducing the post-harvest losses by development and modernization, strengthening of fisheries post-harvest infrastructure, value chain and marketing infrastructure including construction/ modernization and upgradation of fishing harbours/fish landing centres, setting up of markets and marketing infrastructures, providing cold-chain of transportation and storage facilities. During the last 10 years, the Government of India has approved the projects for construction/modernization of 67 Fishing Harbours and 50 Fish Landing Centres at a total cost of Rs 9,735.89 crore for safe landing and berthing of about 48,000 fishing vessels, benefitting 9 lakhs fishers and associated stakeholders. Further, the GoI has also created a dedicated fund namely ‘Fisheries and Aquaculture Infrastructure Development Fund’ (FIDF) with a corpus of Rs 7522.48 crore in 2018-19 for providing the concessional finance. GoI has also supported for improvements in the transportation & logistics network including processing facilities. This includes 27,189 ﬁsh transportation facilities, 6,916 ﬁsh retail markets, wholesale markets and ﬁsh kiosks, 11 integrated aquaparks, 1,725 ﬁsh feed mill/plants & ice plant/cold storages and 128 value added enterprise units. Three Modern and Smart Fish Markets are being developed with facilities such as IoT, e-Trading, green technology, logistic supply chain integration, etc.

DoF, GoI is taking various steps under the PMMSY towards providing financial assistance to fishers, which includes livelihood and nutritional support provided annually to ~5.94 lakh fisher families during the fishing ban and lean periods. Besides, the Group Accident Insurance Scheme cover was increased from ₹1 lakh to ₹5 lakh benefiting 32.16 lakh fishers. The empowerment of fisheries cooperatives and entrepreneurship has been prioritized through the establishment of 2,195 Fisheries Farmer Producer Organizations (FFPOs). Additionally, 63 FFPOs have been integrated into the Open Network for Digital Commerce (ONDC), improving access to markets and fair pricing. Under the PMMSY, financial assistance is also provided to traditional fishers for acquisition of deep-sea fishing vessels, upgradation of existing fishing vessels for export competence, procurement of boats and nets by traditional fishers for better catch, vessel communication and support system and safety kits to ensure safety of fishermen at sea.

The Government has taken several steps to increase the fish stocks, such as implementation of uniform fishing ban during monsoon season, ban on destructive fishing methods, discouraging juvenile fishing, installation of artificial reefs, promoting sea ranching, alternate/additional livelihood to coastal communities to reduce fishing pressure etc. The potential of fishery resources are estimated in regular intervals by committee of experts to ascertain the status of fish stocks and revalidation of potential of fishery resources in the Exclusive economic Zone of India. The sustainable fisheries in the maritime zones of India is ensured by way of implementation of laws, regulations and policies at national and state levels. As per the report of Marine Fish Stock Status of India 2022, published by ICAR-Central Marine Fisheries Research Institute (CMFRI), the marine fish stocks of the Indian waters are in good health and 91.1% of the 135 fish stocks evaluated in different regions during 2022 were found sustainable.

The NPMF, 2017 inter alia recommends the use of Information Technology (IT) and Space Technology (ST) to ensure optimum use for harnessing the benefits in support of the fisher community. The DoF, GoI through its schemes and programs, has promoted use of IT and ST for various applications for the benefits of fishers such as providing real-time Potential Fishing Zone (PFZ) advisories and weather forecasts to fishers, use of Vessel Monitoring System/Automatic Identification System, safety kits to fishers for their safety. The Vessel Communication and Support System (VCSS) is provided to ensure safety of fishermen at sea. The bycatch could undermine the integrity of the marine ecosystem, therefore, DoF, GoI is providing 100% financial assistance to fishers shared between Centre and State/UTs in the ratio of 60% Central share and 40% State share without any share of fisher/beneficiary, for installation of Turtle Excluder Device (TED).

The availability of fish and fish products throughout India is ensured through promotion of sustainable and responsible fishing practices, conservation and optimum utilization of fishery resources, promotion of aquaculture and reduction in post-harvest losses. Moreover, the DoF, GoI has been implementing various schemes and programs which inter alia promotes various activities for enhancing production and productivity of fishery resources, ensuring availability of fish as an affordable source of nutrition for the growing population, especially in low-income regions.

This information was given by Union Minister of State, Ministry of Fisheries, Animal Husbandry and Dairying, Shri George Kurian, in a written reply in Lok Sabha on 1^st April, 2025.

*****

AA

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Read this release in: Hindi

MIL OSI Asia Pacific News –

April 2, 2025
MIL-OSI Asia-Pac: Entrepreneurship in Fisheries Sector

Source: Government of India

Posted On: 01 APR 2025 3:32PM by PIB Delhi

The Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying, Government of India has organized the Fisheries Startup Conclave on 8^th March, 2025 at Hyderabad, Telangana to promote innovation and entrepreneurship in the fisheries sector. During the Conclave, the ‘Fisheries Startup Grand Challenge 2.0’ was launched with the aim to encourage the startups to develop transformative solutions in the fisheries sector and to drive innovation, sustainability and efficiency by supporting Startups with seed funding and incubation. The Fisheries Startup Conclave witnessed active participation from over 50 fisheries startups, highlighting their innovations in areas such as aquaculture, fisheries technology, and value addition. Key outcomes of the conclave included the identification of potential areas for promoting innovation and sustainability, challenges and opportunities for startups regarding validation of their products & services, access to funding, market linkages, technology adoption and sustainability concerns.

Under Fisheries Startup Grand Challenge 2.0, two Startup winners will be selected for each of the five problem statements, resulting in a total of 10 Grand Winners. Each winning Startup will receive a cash prize of Rs. 10.00 lakh, amounting to Rs. 1 crore in seed funding support. Winning Startups will gain access to incubation facilities and mentorship provided by ICAR, National Fisheries Development Board, and attached offices of the Department of Fisheries, GoI. This challenge presents a unique opportunity for fisheries-focused startups to develop high-impact solutions, scale their innovations, and contribute to the growth and modernization of India’s fisheries sector. Earlier, on 13^th January, 2022, Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying in collaboration with the Startup India under the Invest India, DPIIT, Government of India organised the Fisheries Grand Challenge 1.0, wherein,12 Startup winners were selected and awarded a cash grant of Rs 2.00 lakh each, including an incubation support and a seed grant up to Rs. 20.00 lakh (General category) and Rs. 30.00 lakh (SC/ST/Women) to 10 winners for transforming their ideas into effective pilots, which would further translate into commercialization. Further, the Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying, Government of India has also sanctioned 39 Nos of Project Proposals with subsidy assistance of Rs. 31.22 Crores, under the Entrepreneur Model of Pradhan Mantri Matsya Sampada Yojana (PMMSY) scheme.

The Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying Government of India is focusing on the areas in fisheries technology, aquaculture, and value addition by supporting a basket of interventions/activities along the fisheries value chain including quality fish production, expansion, diversification and intensification of aquaculture, promotion of export oriented species, infusion of technology, robust disease management and traceability, training and capacity building, creation of modern post-harvest infrastructure with seamless cold chain and processing facilities. The technology infusion and adoption has been enhanced through establishment of 52,058 reservoir cages, 22,057 RAS & Bioﬂoc units and raceways and 1,525 sea cages approved under PMMSY with an investment of Rs. 3040.87 crore. The Department of Fisheries has collaborated with several research institutions under Indian Council of Agricultural Research (ICAR) and private incubators to boost the fisheries startup ecosystem.

The Department of Fisheries has supported the establishment of five fisheries business incubation centers namely LINAC-NCDC Fisheries Business Incubation Centre (LlFIC), Guwahati Biotech Park, Assam, National Institute of Agricultural Extension Management (MANAGE), Hyderabad, ICAR-Central Institute of Fisheries Education (CIFE), Mumbai and ICAR-Central Institute of Fisheries Technology (CIFT), Kochi to provide mentorship and training for developing business models by fisheries start-ups, cooperatives, FPOs, and SHGs.

The Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying Government of India has approved construction/modernization of 66 Fishing Harbors (FHs) and 50 Fish Landing Centers (FLCs) with total outlay of Rs. 9,558.91 crore that are expected to create safe landing and berthing for about 47,000 ﬁshing vessels, benefitting 8.94 lakhs fishers and other stakeholders. 3 Smart & Integrated Fishing Harbours are being developed with global standards, technological advancements, seamless hygienic and post-harvest management etc. Under Fisheries Infrastructure and Aquaculture Development Fund (FIDF) 141 proposals have been approved with a total project cost of Rs. 5915.54 crore. This included establishment/ upgradation/maintenance of 22 Fishing harbours and 24 Fish Landing Centres at an outlay of Rs. 4,905.77 crore and Rs. 182.20 crore, respectively. 6.16 lakh stakeholders are expected to benefit, and 2.5 lakh employment opportunities will be created including 8,000 stakeholders benefiting from 33 private investment projects.

Under Pradhan Mantri Matsya Sampada Yojana (PMMSY) and Fisheries and Aquaculture Infrastructure Development Fund (FIDF) the Department of Fisheries has approved the development of post-harvest interface viz- cold storage, fish processing and Marketing infrastructure. The major post-harvest and Marketing infrastructure include; 66 fishing harbours/fish landing centres, 634 ice plants/cold storages, 21 Modern wholesale fish markets including 3 Smart Wholesale Markets, 202 retail fish markets, 6694 fish kiosks, 27118 units of fish transportation facilities, 128 value add enterprises, 5 E-platform for e-trading and e-marketing of fish and fisheries products. Further, the Department of Fisheries signed a Memorandum of Understanding (MoU) with Open Network for Digital Commerce (ONDC) with an objective to provide a digital platform and empower all stakeholders including traditional fishermen, fish farmers producer organization, entrepreneurs from fisheries sector to buy and sell their products through e-market place. Further, PMMSY has supported 2195 fisheries cooperatives as Fish Farmers Producer Organizations (FFPOs) with project outlay of Rs. 544.85 crore to facilitate fishermen with better market linkages, improved bargaining power and sustainable value-chain for higher returns.

This information was given by Union Minister of State, Ministry of Fisheries, Animal Husbandry and Dairying, Shri George Kurian, in a written reply in Lok Sabha on 1^st April, 2025.

*****

AA

(Release ID: 2117253) Visitor Counter : 102

Read this release in: Hindi

MIL OSI Asia Pacific News –

April 2, 2025
MIL-OSI Asia-Pac: PARLIAMENT QUESTION: BUDGETARY ALLOCATIONS AND INITIATIVES FOR ENHANCING TEXTILE EXPORT

Source: Government of India

Posted On: 01 APR 2025 10:08AM by PIB Delhi

The Government is implementing Production Linked Incentive (PLI) Scheme for Textiles on Pan India basis. PLI scheme is aimed at promoting the production of MMF Apparel, MMF fabrics and products of Technical Textiles to achieve size and scale and to become competitive. As per Ministry’s Budget Estimate 2025-26, approx. 22% of the budget is dedicated for PLI Scheme for Textiles. Out of the 74 applicants selected under the scheme, 24 are MSMEs. Turnover of Rs. 2,16,760 cr. including exports is projected for the scheme period.

In addition, Government is implementing Rebate of State and Central Taxes and Levies (RoSCTL) scheme for Apparel/Garments and Made-ups in order to enhance competitiveness by adopting principle of zero rated exports. Further, textiles products not covered under the RoSCTL scheme are covered under Remissions of Duties and Taxes on Exported Products (RoDTEP) along with other products. In addition, Government provides financial support to various Export Promotion Councils and Trade Bodies under Market Access Initiative Scheme implemented by Department of Commerce for organizing and participating in trade fairs, exhibitions, buyer-seller meets etc. at national and international levels.

This information was provided by THE MINISTER OF STATE FOR TEXTILES SHRI PABITRA

MARGHERITA in a written reply to a question in Rajya Sabha today.

***

DHANYA SANAL K

(Rajya Sabha US Q3358)

(Release ID: 2117110) Visitor Counter : 54

MIL OSI Asia Pacific News –

April 2, 2025
MIL-OSI Asia-Pac: Government Cracks Down on Substandard Imports of Goods to Protect Domestic Industry

Source: Government of India

Posted On: 01 APR 2025 4:17PM by PIB Delhi

The Government of India has implemented various measures to curb the import of substandard goods in Indian markets. To protect the domestic industry from the adverse impact of cheaper imports, the Directorate General of Trade Remedies (DGTR), an attached office of Department of Commerce, conducts various investigations (anti-dumping/safeguard (quantitative restrictions)/ countervailing) under the Customs Tariff Act, 1975 and the rules made thereunder on the basis of duly substantiated petition filed by the domestic industry. The Authority at DGTR examines applications filed by the domestic industry and evaluates responses received from importers, exporters and other interested parties in accordance with the provisions of the Customs Tariff Act, 1975. Based on this examination, the DGTR submits its recommendations to the Ministry of Finance for final consideration.

In the current F.Y. 2024-2025 (upto February, 2025), a total of 206 cases against import of substandard goods violating IPR, BIS and FSSAI norms, valued at Rs.206.62 crore, have been booked by Directorate of Revenue Intelligence and Customs field formations under Customs Act, 1962.

Directorate of Revenue Intelligence and Customs field formations under CBIC keep constant vigil to check import of substandard goods into India. On the detection of such cases, action is taken in accordance with Customs Act, 1962 & other Allied Acts. Further, the Indian Customs Risk Management System (RMS) implements the policies of risk-based selective examination and testing based on the selectivity criteria of the respective regulatory agency, thereby thwarting the attempts of import of substandard goods.

Further, Section 25 of Food Safety and Standards Act, 2006 and Food Safety and Standards (Import) Regulations, 2017 regulates the import of food articles into the country. The clearance or No Objection Certificate(NOC) issued by the FSSAI is subject to scrutiny of documents, visual inspection, sampling and testing, in order to determine whether or not they conform to the safety and quality standards.

In addition to the above, with a view to protect its domestic producers and consumers, India has an elaborate and robust legal framework and institutional set up to protect environment, life and health of its people, plants and animals. Adequate provisions exist under the Foreign Trade 2 Policy to protect the Indian consumers and producers as imported goods are subject to domestic laws, rules, orders, regulations, technical specifications, environmental and safety norms. The BIS standards applicable to domestic goods are also applicable to imported goods. Besides, imports of plant & plant-based products are subject to Plant Quarantine measures and sanitary & phyto-sanitary measures, imports of animal & animal-based products are subject to sanitary import permits and imports of food/edible items are subject to FSSAl standards.

This information was given by the Minister of State for Ministry of Commerce & Industry, Shri Jitin Prasada, in a written reply in the Lok Sabha today.

***

Abhishek Dayal /Abhijith Narayanan/ Ishita Biswas

(Release ID: 2117283) Visitor Counter : 16

MIL OSI Asia Pacific News –

April 2, 2025
MIL-OSI Asia-Pac: APEDA Boosts Millet Exports with Trade Fairs, Exhibitions & Global Promotions

Source: Government of India

Posted On: 01 APR 2025 4:16PM by PIB Delhi

Department of Commerce, through Agricultural & Processed Food Products Export Development Authority (APEDA) organized trade fairs, exhibitions and Millet Conclave for awareness, usage and export promotion of millets. Under the International Year of Millets 2023, a host of activities were conducted in close association with Indian Embassies/Missions and Government departments, which included millet themed participation in international trade fairs, sampling events, millet galleries, international buyer seller meets etc. Further, Millets are one of the key focus areas for enhanced branding and publicity in key global and domestic fairs, in which APEDA participates.

The Government of India launched the National Mission on Natural Farming (NMNF), to promote natural farming in a mission mode across the country as a standalone Centrally Sponsored Scheme under the Ministry of Agriculture & Farmers’ Welfare. NMNF aims at promoting natural farming practices for providing safe & nutritious food for all. There is significant scope for promotion of India’s natural products abroad, based on availability of certified natural products, given the global trend of increasing demand for healthy and chemical free produce.

The government is taking focused initiatives for boosting India’s agricultural exports making India a key exporter of agricultural products. Some of the key initiatives are:

i. Broad basing India’s agricultural export basket by exporting new products.

ii. Penetration of exports into new markets.

iii. Exporting from new producing regions and exports.

iv. Enhanced branding and promotion of India’s agricultural produce.

v. Increase export realization by value added agri exports.

vi. Expanding exports of Organic products.

vii. Enhanced training and capacity building of producers and stakeholders to ensure quality produce and meeting of phyto-sanitary requirements of importing countries.

viii. Development of Sea Protocols for enhancing exports of Perishable Horticultural produce.

ix. Linking Farmers Producers Organizations (FPOs) and Self Help Groups(SHGs)to the export value chain.

x. Enhanced market access through FTAs and engagements with trading partners.

To enhance the export of Indian agricultural products and to protect exporters from protectionist trade policies, the Government is actively engaging in intensive bilateral discussions with respective importing countries to secure market access and to address trade barriers. The Government is also engaging in Free Trade Agreement (FTA) discussions with trading partners for duty-free/concessional access to those countries. In case of barriers in the form of strict Sanitary and Phytosanitary (SPS)/Technical Barriers to Trade (TBT), efforts are made to resolve them through bilateral meetings with trading partners and in case of their no-resolution, by raising Specific Trade Concerns (STCs) at the World Trade Organization (WTO).

This information was given by the Minister of State for Ministry of Commerce & Industry, Shri Jitin Prasada, in a written reply in the Lok Sabha today.

***

Abhishek Dayal /Abhijith Narayanan/ Ishita Biswas

(Release ID: 2117282) Visitor Counter : 20

MIL OSI Asia Pacific News –

April 2, 2025
MIL-OSI Asia-Pac: Arrangements for reassignment of spectrum in 2.5/2.6 GHz band and related spectrum utilization fee

Source: Hong Kong Government special administrative region

     The Communications Authority (CA) announced today (April 1) its decision to reassign 50 MHz of spectrum in the 2.5/2.6 GHz band by way of auction for the provision of public mobile services upon the expiry of its existing assignments. The Secretary for Commerce and Economic Development (SCED) also announced his decision on the method for determining the related spectrum utilization fee (SUF).

     The existing assignments of the relevant spectrum are due to expire in May 2028. In arriving at the decisions about the reassignment arrangements of the spectrum and the related SUF, the CA and the SCED have considered thoroughly the views and comments received in the public consultation conducted between September and October last year.

     “Spectrum in the 2.5/2.6 GHz band belongs to the mid-band spectrum within the 1-7 GHz range, which provides longer range propagation than the high-band spectrum above 7 GHz, and wider bandwidth than the low-band spectrum below 1 GHz, thereby meeting both network coverage and capacity demands. It possesses the potential to support mobile broadband services and other innovative applications adopting fourth generation, fifth generation mobile services or beyond,” a spokesman for the CA said.

     On the relevant SUF, the SCED decided to prescribe that it will be determined by auction, with the auction reserve price to be specified nearer the time of the auction after taking into account all relevant factors. To provide greater financial flexibility to spectrum assignees, the assignees will be given a choice to pay the SUF either by lump sum payment upfront or by annual instalments in the reassignment period of about 10 years and 10 months.

     The Government needs to make necessary amendments to the relevant subsidiary legislation to provide legal basis for the reassignment arrangements and the decision to levy the SUF in relation to the above-mentioned spectrum. Subject to the completion of amendments to the relevant subsidiary legislation, the CA targets to conduct the auction in the fourth quarter of this year.

     For details of the arrangements for the spectrum reassignment and the related SUF, please refer to the joint statement published by the SCED and the CA today.

MIL OSI Asia Pacific News –

April 2, 2025
MIL-OSI: Cielo Announces Relocation of First Planned Facility to British Columbia and Provides Update on Proposed Asset Acquisition and Corporate Matters

Source: GlobeNewswire (MIL-OSI)

CALGARY, Alberta, April 01, 2025 (GLOBE NEWSWIRE) — Cielo Waste Solutions Corp. (TSXV:CMC; OTC PINK:CWSFF) (“Cielo” or the “Company”) provides an update on certain business and corporate matters.

First Planned Waste to Fuels Facility – Scrap Railway Ties to Green Hydrogen

In light of changes in market conditions, the Company announces its intention to relocate its first planned commercial waste to fuel facility for the processing of scrap railway ties from Carseland, Alberta to British Columbia, and a transition in fuel to be produced from Renewable Diesel to Green Hydrogen. This shift remains aligned with the Company’s commitment to commercialize renewable energy initiatives.

This strategic pivot allows Cielo to explore funding opportunities through the British Columbia Low Carbon Fuel Standard (BCLCFS) credit program, which offers financial incentives for reducing carbon emissions.

Cielo is engaged in advanced discussions with a technology provider on a project in British Columbia that will utilize scrap railway ties as feedstock to produce Green Hydrogen for use in the British Columbia market.

“As Cielo completes a shift in our strategy, we also continue to be flexible in our project execution. We are willing and prepared to pivot as the political and technological landscapes change. In addition, as the demand for renewable fuels changes, Cielo understands the need to revise our approach to meet market demand,” said Ryan C. Jackson, CEO of Cielo. “This decision was not made in haste. We believe it is an important step forward in ensuring our resources are dedicated to projects that have the highest potential for success in the short term and sustainable growth in the long term.”

Rocky Mountain Clean Fuels Acquisition Update

In light of the foregoing changes, the Company also announces that it will not proceed with the previously announced proposed acquisition (the “Proposed Acquisition”) by Cielo of an Enhanced Gas to Liquids (“EGTL^TM”) facility located in Carseland, Alberta (the “EGTL^TMFacility”), currently owned and operated by Rocky Mountain Clean Fuels Inc. (“RMCFI”), which deploys patented Enhanced Gas-To-Liquids technology.

The Company had previously announced its intention to complete a proposed transaction with RMCFI with a view to enhancing the process deployed at the EGTL™ Facility and diversifying the inputs used to process synthetic diesel and jet fuel. Cielo had intended to build a gasifier on the land adjacent to the EGTL™ Facility.

Due to ongoing market uncertainty and after careful evaluation, Cielo has determined that the uncertainty around the regulatory landscape and shifting market conditions present significant challenges to advancing the Proposed Acquisition in a manner that aligns with the Company’s long-term strategic goals. The project development agreement between Cielo and RMCFI that had been acquired under the Asset Purchase Agreement with Expander (each as defined below) has expired.

Cielo remains focused on executing its broader strategy of sustainable and profitable fuel production, including new opportunities in Green Hydrogen and other low-carbon initiatives. The Company continues to explore alternative partnerships and funding opportunities to drive its commitment to innovation and environmental sustainability.

Expander Energy Dispute Resolution

In November 2023, pursuant to an asset purchase agreement dated September 15, 2023, as amended and restated on November 8, 2023 (the “Asset Purchase Agreement”) between Cielo and Expander Energy Inc (“Expander”), Cielo acquired certain assets and liabilities of Expander to use and operate Expander’s patented EBTL™ and BGTL™ technologies (the “Transaction”).

Concurrently with the closing of the Transaction, Cielo and Expander executed a license agreement (the “License Agreement”), providing Cielo with an exclusive license in Canada to use Expander’s patented EBTL™ and BGTL™ technologies and related intellectual property for all feedstocks, as well as an exclusive license in the United States for creosote and treated wood waste (the “Licensed Technologies”).

As a result of recent disagreements between Cielo and Expander on various matters, the Company has notified Expander of its intention to initiate a dispute resolution process in accordance with the terms of the License Agreement. Prior to this, Cielo had received from Expander notices of breach (collectively the “Notices”) with regard to the Asset Purchase Agreement, the License Agreement and a master service agreement executed between Cielo and Expander upon closing of the Transaction. Among other things, the Notices include Expander’s advice that Expander intends to terminate the License Agreement upon a second notice, which Cielo may expect to receive in or after April 2025. Cielo intends to dispute some or all of the assertions made in the Notices and intends to have its own commercial, financial and strategic concerns related to the Licensed Technologies addressed. The Company will continue to provide material updates as they become available.

“Through this challenging but in our view necessary juncture, we remain dedicated in our mission of investing in innovation in the renewable fuels sector,” said Mr. Jackson. “As we navigate these discussions, our priority is to act in the best interests of our shareholders and stakeholders while maintaining a constructive approach to resolving these matters.”

Cielo will continue to execute its existing business strategy and technological advancements, while ensuring its leadership role in sustainable waste-to-energy solutions.

Director Resignation

Cielo announces that James H. Ross has resigned from its Board of Directors, effective immediately. The Company thanks Mr. Ross for his contributions and leadership during his tenure and wishes him success in his future endeavors.

Mr. Ross was appointed to the Board of Directors in November 2023 pursuant to the Asset Purchase Agreement with Expander.

Annual General Meeting

As previously announced, Cielo had cancelled its rescheduled annual general meeting of shareholders (the “AGM”) to be held on December 19, 2024 due to a Canada Post Strike. Pursuant to the Business Corporations Act (British Columbia), the Company was required to hold the AGM on or before December 31, 2024 (the “Original AGM Deadline”), however it was determined that rescheduling the AGM for a date on or before the Original AGM Deadline was not feasible given the continuing postal strike and mailing requirements. As a result, the Company had made application to request an extension, which was granted until June 30, 2025. Cielo intends to hold the AGM in June 2025 and will provide additional details as they become available.

Corporate Update Webinar

Cielo is pleased to announce a corporate update webinar (the “Webinar”) with CEO, Ryan C. Jackson and CFO, Jasdeep K.B. Dhaliwal, scheduled for April 10th, 2025. This event is intended to provide shareholders and stakeholders with updates on the Company’s strategic initiatives and future outlook. Further details will be released prior the date of the Webinar.

ABOUT CIELO

Cielo Waste Solutions is a publicly traded company focused on transforming waste materials into high-value renewable fuels. Cielo seeks to address global waste challenges while contributing to the circular economy and reducing carbon emissions. Cielo is fueling renewable change with a mission to be a leader in the wood by-product-to-fuels industry by using environmentally friendly, economically sustainable and market-ready technologies. Cielo is committed to helping society ‘change the fuel, not the vehicle’, which we believe will contribute to generating positive returns for shareholders. Cielo shares are listed on the TSX Venture Exchange under the symbol “CMC,” as well as on the OTC Pink Market under the symbol “CWSFF.”

For further information please contact:

Cielo Investor Relations

Ryan Jackson, CEO
Phone: (403) 348-2972
Email: investors@cielows.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “may”, “will”, “project”, “should” or similar words, including negatives thereof, suggesting future outcomes.

Forward-looking statements are subject to both known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such forward looking statements. Forward-looking statements and information are based on plans, expectations and estimates of management at the date the information is provided and are subject to certain factors and assumptions. Cielo is making forward-looking statements, including but not limited to with respect to: the change of location of the first planned commercial facility and the focus on Green Hydrogen; the exploration and use of financial incentives in British Columbia; that the Company will not proceed with the Proposed Acquisition; the Company’s strategic focus; the Company’s intention to continue to explore alternative partnerships and funding opportunities; the dispute resolutions process with Expander, Cielo’s intentions with respect thereto and that the Company will provide further updates as they become available; that Cielo will continue to execute its existing business strategy and technological advancements, while ensuring its leadership role in sustainable waste-to-energy solutions; the AGM and the timing thereof; and the Webinar and the date thereof.

Investors should continue to review and consider information disseminated through news releases and filed by the Company on SEDAR+. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.

Forward-looking statements are not a guarantee of future performance and involve a number of risks and uncertainties, some of which are described herein. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause the Company’s actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Any forward-looking statements are made as of the date hereof and, except as required by law, the Company assumes no obligation to publicly update or revise such statements to reflect new information, subsequent or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The MIL Network –

April 2, 2025
MIL-OSI: Lantronix Names Tech Industry Veteran Todd Rychecky General Manager and Head of Out-of-Band Management Business
Source: GlobeNewswire (MIL-OSI)

IRVINE, Calif., April 01, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announced the appointment of Todd Rychecky as general manager and head of its Out-of-Band (OOB) Management Business Line. With a proven track record in network resilience, SaaS solutions and OOB management, Rychecky will play a pivotal role in expanding Lantronix’s market presence and driving strategic growth in this critical sector.

Rychecky brings a proven track record of success in the OOB management space, having played a key role in scaling OpenGear’s business as well as leading major strategic deals, including a landmark $100 million network resilience contract. With deep expertise in product positioning, SaaS business models and global sales leadership, Rychecky is well-positioned to drive growth and innovation at Lantronix.

“This is an exciting time for Lantronix as we continue to position ourselves as a leader in AI-driven networking solutions,” said Mathi Gurusamy, chief strategy and product officer at Lantronix. “With Todd’s deep expertise and strategic vision, we are confident in our ability to scale our Out-of-Band business, enhance our market presence and deliver groundbreaking solutions to our customers.”

As general manager of Lantronix’s OOB Management Business Line, Rychecky is responsible for:
- Strategic leadership of Lantronix’s OOB Management business, aligning it with the company’s broader AI and connectivity strategy;
- Driving revenue growth and profitability, leveraging his extensive experience in scaling technology businesses and building successful sales teams;
- Expanding Lantronix’s OOB market share through product innovation, strategic partnerships and enhanced customer engagement; and
- Enhancing financial performance, overseeing P&L and optimizing cost efficiencies.
Rychecky joins Lantronix at a vital moment as the company leverages AI-driven solutions across its core business lines, including OOB Management, Network Equipment and Industrial IoT.

With a robust product pipeline, including its LM80, LM83, LM4, SLC8000, EMG7500/8500 and Spider as well as its upcoming innovations SLC9000, LM48 and 5G-enabled LM series, Lantronix offers a comprehensive suite of OOB management solutions. These solutions empower enterprises with secure, resilient network management tools, ensuring uninterrupted connectivity and streamlined IT operations. Additionally, Lantronix’s LEVEL SERVICES provide enterprise customers with customized, high-touch technical support to meet evolving network demands.

“I am thrilled to join Lantronix at this crucial juncture to lead the company’s Out-of-Band management business to new heights,” said Rychecky. “Lantronix has a strong foundation, cutting-edge AI-driven solutions and an unmatched product portfolio. I look forward to driving innovation, scaling the business and helping our customers achieve greater network resilience and operational efficiency.”

About Lantronix

Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth markets, including Smart Cities, Enterprise and Transportation. Lantronix’s products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that enable AI Edge Intelligence. Lantronix’s advanced solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.

For more information, visit the Lantronix website.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements related to Lantronix products or leadership team. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to the COVID-19 pandemic or other outbreaks, wars and recent tensions in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 9, 2024, including in the section entitled “Risk Factors” in Item 1A of Part I of that report, as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. In addition, actual results may differ as a result of additional risks and uncertainties about which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the Nasdaq Stock Market LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.

Lantronix Media Contact:
Gail Kathryn Miller
Corporate Marketing &
Communications Manager
media@lantronix.com

Lantronix Analyst and Investor Contact:
investors@lantronix.com

©2025 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cd905e61-186c-497b-a86f-26916432a567.

The MIL Network –
April 2, 2025
MIL-OSI Russia: GUU at the exhibition “Postupi 25/26”: all about programs, internships and employment prospects

Translartion. Region: Russians Fedetion –

Source: State University of Management – Official website of the State –

On March 29, the State University of Management took part in the regional educational exhibition “Postupi 25/26”, which was held in Vidnoye with the support of the Chamber of Commerce and Industry of the Moscow Region.

In total, the exhibition was visited by 3,500 people, most of whom were schoolchildren in grades 8-11. The event was attended by 50 leading universities and colleges in Moscow and the Moscow region.

The State University of Management presented its unique bachelor’s degree programs.

Throughout the day, consultations were held by the Rector’s Advisor Nikolai Mikhailov, the Head of the Department for Organizing the Admission of Applicants Ezizkhan Dzhumaev and an employee of the Career Guidance Center Natalya Smirnova.

Schoolchildren actively asked questions of interest to them and received complete answers about admission, education and the SUM campus.

We wish good luck to future applicants and will be glad to see them among the students of the State University of Management!

Subscribe to the TG channel “Our GUU” Date of publication: 04/01/2025

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

MIL OSI Russia News –

April 1, 2025
MIL-OSI Submissions: Australia – CBA Emergency Assistance for flood affected areas in Queensland and NSW
Source: Commonwealth Bank of Australia (CBA)

Special arrangements are in place to assist customers who may need additional support in flood affected areas in Queensland and NSW.

Commonwealth Bank will provide its Emergency Assistance to customers and businesses in areas affected by flooding in Queensland and NSW.

Retail Banking Services Group Executive, Angus Sullivan, said: “We want our customers to know that we are here to help them. We are thinking of everyone in the impacted regions and have several measures in place to support affected customers and employees through this challenging time.

“We also want to thank the emergency services teams and volunteers who work tirelessly to help keep our communities safe.”

CBA understands each customer will have different needs and we encourage them to discuss their individual circumstances by either contacting the bank in the CommBank app or phoning 1800 314 695. Business customers can also call 1800 314 695 or speak with their dedicated CommBank relationship manager.

For more information on the support we’re providing to impacted communities, visit: commbank.com.au/support/emergency-assistance.

CBA Emergency Assistance includes a range of options for eligible customers, including:

Customised payment arrangements for home loans, business loans, personal loans and credit cards.
Waiving fees and charges, including waiving fees for temporary and damaged merchant EFTPOS terminals, as well as support with merchant terminal rental fees.
Temporary overdrafts, additional loans or emergency credit limit increases (subject to credit approval).
Waiving fees and notice periods for early access to Term Deposits (including Farm Management Term Deposits).
Emergency accommodation may be available for customers who have taken out Home Insurance provided by Hollard, distributed by CommBank, subject to making a claim and policy terms and conditions.
Helping direct claims enquiries for customers seeking support through their Home Insurance provided by Hollard, distributed by CommBank.

To access this support, customers should contact the bank through the CommBank app. Alternatively, they can call 1800 314 695. Branch availability and further information about CBA’s Emergency Assistance is available online at commbank.com.au/support/emergency-assistance.

For emergency help call the State Emergency Service on 132 500 or visit your State Emergency Service Website

Queensland: ses.gov.qld.au
NSW: ses.nsw.gov.au

In a life-threatening emergency call 000 (triple zero).

During this time customers should also remain vigilant and be extra cautious of unexpected calls or messages claiming to be from well-known organisations including banks, telecommunications companies and government agencies.

CommBank will never send customers links in text messages directing them to sites that ask for passwords, and customers should never click on any of these they receive.

If customers receive an unexpected call claiming to be from CommBank, they should ask the caller to verify the legitimacy of the call by using CallerCheck which triggers a security message in the CommBank App.

How customers can better protect themselves from scams

Stop: Does a call, email or text seem off? The best thing to do is stop. Take a breath. Real organisations won’t put you under pressure to act instantly.

Check: Ask someone you trust or contact the organisation the message claims to be from.

Reject: If you’re unsure, hang up on the caller, delete the email, block the phone number.

Change your passwords.
MIL OSI – Submitted News –
April 1, 2025
MIL-OSI Russia: MIL Report – Five best articles in Russian for 31.03.2025

MIL Analysis: Here are the top five Russian language articles published today. The analysis includes five key articles prioritized at the moment.

In today’s analysis, credit and loans are trending toward new restrictions and changes. Consumer demand in loans and credit is growing.

The State University of Management provides foreign students with the opportunity to get acquainted with the culture of Russia. In addition, scientists at NSU are working topically with the computerization of the tomograph.

Rosneft continues to actively support various organizations for the benefit of animals and people across Russia.

You can read one of the articles below.

1. Financial news: From April 1, the restriction of the TCOP on consumer loans and credits is renewed (28.03.2025).

The full credit cost (FCP) under consumer credit (loan) agreements concluded or amended from April 1, 2025, shall not exceed the average market value for the relevant category of credit (loan) by more than one third. Limitation of the CCP will help to control the growth of loan rates, which will ensure the protection of people’s interests.

2. Financial news: MFIs’ loan portfolio grew by more than 40% in 2024.

The loan portfolio of microfinance organizations reached RUB 624 billion last year, a growth stimulated by increased consumer demand.

More than half of the loans were medium-term, the value of the full cost of the loan is close to bank rates. Such loans were issued, among other things, to purchase goods on marketplaces. The share of the most expensive short-term loans “up to salary” decreased from 34% to 25% over the year.

3. Cultural adaptation of foreigners: GUU students visited the Museum of Time and Clock.

Students of the State University of Management, who came to study in Russia from Vietnam, India, China, Nepal and Ethiopia, visited the Museum of Time and Clock.

4. NSU scientists for the first time in the Urals studied ancient bone knives on a computer tomograph.

In the Laboratory of Nuclear and Innovative Medicine of the Faculty of Physics of NSU the research of archeological finds from the museum collections of the Institute of Archeology and Ethnography of the Siberian Branch of the Russian Academy of Sciences is carried out using a computer tomograph. Until recently, this device was used by research workers of the laboratory in preclinical studies of non-trophic therapy to examine animals and solve similar problems. However, the technical capabilities of the CT scanner allow to examine not only biological but also non-biological objects. Computed tomography of composite bone and horn composite implements of the late Pleistocene-early Holocene is currently underway.

5. With Rosneft’s support, an accreditation center was modernized at Medakadamiya Yugra.

“Samotlorneftegaz”, one of the largest production assets of Rosneft, provided financial support for modernization of one of the key units of Khanty-Mansiysk State Medical Academy – Simulation and Accreditation Center. The project was implemented under an agreement between Rosneft and the Government of Khanty-Mansi Autonomous Okrug-Yugra.

Learn more about MIL’s content and data services by visiting milnz.co.nz.

Regards MIL!

MIL OSI Russia News –

April 1, 2025
MIL-OSI United Kingdom: Aberdeen academic elected Fellow of The Academy of Social Sciences A University of Aberdeen academic is one of 64 outstanding social scientists being welcomed to The Academy of Social Sciences Fellowship this spring.

Source: University of Aberdeen

Professor Muhammad Azizul IslamA University of Aberdeen academic is one of 64 outstanding social scientists being welcomed to The Academy of Social Sciences Fellowship this spring.

Being a Fellow of the Academy of Social Sciences holds significant meaning for a researcher like me who is deeply committed to addressing social issues such as modern slavery, exploitation and inequality through my research and teaching.” Professor Muhammad Azizul Islam

Professor Muhammad Azizul Islam, Chair in Accountancy and Professor in Sustainability Accounting and Transparency and Director of Research for Accounting at the University of Aberdeen Business School, was named as one of the new Fellows in an announcement from The Academy of Social Sciences today (April 1). Widely recognized internationally, Professor Islam investigates sustainability accounting and transparency issues, including corporate human rights measures, modern slavery disclosures, climate change accounting, social audits, and corporate anti-bribery measures.

Spanning a range of research and practice areas including modern slavery, health inequalities, the gender wage gap, European cybersecurity governance, AI and big data analytics, and the anthropology of Britain, the Academy’s newly elected Fellows highlight the importance, breadth and relevance of the social sciences to understanding and tackling the varied challenges facing society today. As well as excellence in research and applied professional use of social science, the new Fellows, who are drawn from a variety of backgrounds, disciplines and professions, are individual who have also made significant contributions beyond the academy, including to industry, policy and higher education.

Professor Islam said: “It is truly an honour to be elected to the Fellowship.

“Being a Fellow of the Academy of Social Sciences holds significant meaning for a researcher like me who is deeply committed to addressing social issues such as modern slavery, exploitation and inequality through my research and teaching. Being a Fellow provides me with a platform to further collaborate with other leading social scientists, share my research findings, influence policymakers, and advocate for systemic changes that prioritise human rights and the social responsibility of businesses.”

Will Hutton FAcSS, President of the Academy, said, “I’m delighted to welcome these 64 outstanding social scientists to the Academy’s Fellowship, whose research and practice are helping to develop solutions to pressing societal issues. From informing decision-making around environmental challenges and encouraging entrepreneurial growth to improving planning systems and tackling educational inequalities, their insights, skills and understanding are delivering positive impact to improve our daily lives.”

The Academy’s Fellowship comprises 1,600 leading social scientists from academia, the public, private and third sectors. Its Fellows’ expertise covers the breadth of the social sciences, and their practice and research addresses some of the major challenges facing communities, society, places and economies. All Academy Fellows are elected for their excellence in their fields and their substantial contributions to social science for public benefit. Selection is through an independent peer review which recognises their excellence and impact.

MIL OSI United Kingdom –

April 1, 2025
MIL-OSI United Kingdom: UK seafood makes a splash in Vietnam in major export boost
Source: United Kingdom – Executive Government & Departments 2

Press release

UK seafood makes a splash in Vietnam in major export boost

Vietnam grants market access for British live seafood products, opening new opportunities for growth and trade.
The UK seafood industry celebrates a breakthrough today (1 April) as Vietnam grants market access for British live seafood products, opening new opportunities for growth and trade.

The agreement unlocks significant opportunity for exports of live seafood from the UK to Vietnam, who are amongst the highest consumers of seafood per capita and the highest in South East Asia.

British seafood is known globally for its taste, quality, and rich heritage, and Vietnamese consumers will now have access to premium seafood products in their preferred live form sourced from the UK’s vibrant and vast coastline, including popular varieties such as lobster and brown crab.

These additions will enrich culinary options for Vietnamese consumers, who eat approximately 37kg of seafood per person each year, allowing them to experience the distinctive flavours and exceptional quality that have made British seafood renowned worldwide.

British seafood exports to Vietnam have already shown strong growth, with fresh, frozen, and processed products seeing a 40% increase in the first 9 months of 2024 compared to 2023.

In line with the Government’s priority of delivering economic growth and putting more money into working people’s pockets under the Plan for Change, this breakthrough creates new export opportunities that coastal communities across the length and breadth of the UK have pushed for in recent years. Unlocking the Vietnamese live seafood market will boost local economies and support jobs across Britain’s shorelines, contributing to nationwide economic growth.

Minister for Food and Rural Affairs Daniel Zeichner said:

This is a tremendous win for our seafood industry. By securing access to Vietnam’s thriving live seafood market, we’re opening new opportunities for British businesses while supporting jobs across the UK as part of our Plan for Change.

Our high-quality seafood is increasingly sought after worldwide, and this agreement demonstrates our commitment to get British exports moving by helping producers reach valuable international markets.

Minister for Exports Gareth Thomas said:

This is a welcome and significant breakthrough, opening up a new and lucrative market to live seafood exporters across the UK.

 We know that when businesses export the whole economy benefits. That is why this government will continue to support businesses by removing trade barriers to enable them to take advantage of export opportunities abroad to grow the economy at home.

Access to the Vietnamese market is estimated to generate around £20 million for the UK seafood industry over the next five years, according to the Shellfish Association of Great Britain (SAGB).

David Jarrad, CEO of Shellfish Association of Great Britain said:

We have been delighted to engage with government officials in the UK and Vietnam and help achieve this export agreement.

The opening of another market for our sector is great news for the industry and demonstrates the strong worldwide demand for the UKs quality live shellfish.

Vietnamese importers are willing to pay competitive prices for British seafood varieties that have less demand in UK and European markets, providing an important alternative revenue stream for dozens of seafood traders.

Through dialogue and collaboration with Vietnamese officials, Defra and the Department for Business and Trade (DBT) resolved concerns, cleared regulatory barriers, and showcased the high standards of British seafood production to create new opportunities for UK exporters.

These officials will work closely with the UK seafood sector and industry bodies to ensure a smooth transition into the Vietnamese market.

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Published 1 April 2025
MIL OSI United Kingdom –
April 1, 2025
MIL-OSI United Kingdom: New creative programme to use power of words to connect Waterlooville area communities

Source: City of Winchester

A new creative programme for residents in and around the Waterlooville area is aiming to connect local communities using the power of words and storytelling.

Plot Lines, led by public art programme experts Studio Response and commissioned by Winchester City Council with funding from developer contributions, will feature a series of workshops for local residents to share their stories and anecdotes from living in the Waterlooville area.

Then, with the help of residents, the stories will be crafted into a public art project that local people can enjoy, with the intention of nurturing the area’s sense of community.

The highly collaborative project will offer free workshops and events from April 2025, as well as opportunities for anyone local to the area to meet with award-winning poet and writer Aoife Mannix, Plot Lines’ writer-in-residence.

Throughout the workshops and informal sessions, Aoife will chat with local residents about their personal experiences of moving to the area, their feelings about home, their memories, and their dreams for the future.

Speaking about her involvement in the project, Aoife said:

“I’m delighted to be writer in residence. I want to write about the foundations of this rapidly expanding community, to celebrate the hopes and dreams of the people who live here, to discover the stories that matter to them as well as what makes their homes more than just bricks and mortar.”

The project aims to get as many local people involved as possible – people of all levels of writing experience are being encouraged to attend, and all workshops and events will be completely free of charge.

The first public event, led by Aoife, will take place on Saturday 5 April from 10am to 12pm at Waterlooville Library, where local people will be welcome to drop by at any point and share with Aoife their thoughts on what home means to them.

There will also be an opportunity to meet and chat to Aoife on 11 May at the VE80 Fete, organised by Newlands Community Group, where she will host another writing workshop as part of the celebrations.

Speaking about the programme, Winchester City Council Cabinet Member for Business and Culture Cllr Lucille Thompson said:

“I’m delighted to announce this new public art project for our local communities in the Waterlooville area. The stories we share of our local experiences have real power to connect communities and I have great hope that these workshops, and the art that local people help to create, will help to bring residents together and inspire an even greater sense of pride and culture for everyone local to the area.”

The project also aims to connect with people who may like to be involved in future creative programming in the area, with community facilitator Gail Howard helping to recruit people young and old to explore what future arts programming could look like in the area

Speaking about the project, Gail said:

“Building on the hard work already being undertaken in the area, the aim is for the groups to encourage residents to take ownership, to learn and make decisions about creative community programming and to build vibrant, inclusive and diverse shared spaces and experiences for all residents.”

If you have questions or would like to get involved in this part of the Plot Lines project, please contact Gail Howard at hello@plotlines.co.uk, or you can call or WhatsApp Gail on 07930 397982.

All the Plot Lines events are free and open to all, with more information available on the Plot Lines website (www.plotlines.co.uk) and Instagram account (@plot_lines_).

ENDS

Last Updated: Tuesday 1 April 2025

MIL OSI United Kingdom –

April 1, 2025
MIL-OSI China: Commerce ministry holds hearing on imported beef case

Source: China State Council Information Office

China recently held a hearing regarding a safeguard investigation on imported beef, according to the Ministry of Commerce on Tuesday.

The hearing was held at the request of relevant stakeholders and in accordance with working procedures, the ministry said in response to an inquiry.

Around 180 representatives attended the hearing on Monday, according to the ministry. The participants included government officials from Brazil, Argentina, Uruguay, Australia, New Zealand and the United States, as well as those from exporters and their associations, Chinese importers and domestic beef producers.

According to the ministry, all stakeholders shared their views and concerns during the hearing.

Investigation authorities will take these views into consideration and make an objective and fair ruling based on facts and regulations, the ministry said.

Last year, China initiated the safeguard investigation into imported beef in response to an application submitted by industry associations.

The application claimed that the import volume of the product under investigation saw a sharp increase over the previous five years, growing 106.28 percent in the first half of 2024 compared to the same period in 2019.

The applicants said that the sharp increase has significantly impacted China’s domestic industry. The domestic industry has experienced substantial damage, and a causal relationship exists between the import volume increase and this substantial damage, they said.

MIL OSI China News –

April 1, 2025
MIL-OSI Economics: ICC launches next-generation digital case management platform for dispute resolution services
Source: International Chamber of Commerce

Headline: ICC launches next-generation digital case management platform for dispute resolution services

The International Chamber of Commerce (ICC), home to the world’s leading arbitral institution, the ICC International Court of Arbitration, has launched a new version of ICC Case Connect that is now powered by Opus 2. This cutting-edge digital platform is designed to transform dispute resolution through streamlined workflows, secure collaboration, and enhanced case management capabilities.

ICC Case Connect powered by Opus 2 will be available to users beginning 2 April 2025.

This milestone marks a major step in ICC’s commitment to leveraging technology to improve arbitration efficiency for everyone, everywhere, every day.

“ICC Case Connect powered by Opus 2 modernises processes with a seamless platform for document sharing, case management, and ICC Court decisions — all in one place,” said Ana Serra e Moura, Deputy Secretary General of the ICC International Court of Arbitration.

“It has been redesigned for the way business works today, helping dispute resolution become more efficient”, she added.

Since the initial rollout of the first ICC Case Connect platform in 2022, ICC has continued to push towards increasingly powerful and transformative digital technologies. ICC’s collaboration with Opus 2, a trusted leader in legal case management software and hearings solutions worldwide, ensures the new platform refines case management processes with improved tools integrated within a more intuitive interface. Future updates, including the integration of Amicable Dispute Resolution (ADR) cases, will further expand the platform’s capabilities.

ICC Case Connect powered by Opus 2 reinforces ICC’s mission of making dispute resolution more accessible, transparent, and effective. Serving over 10,000 party representatives and more than 8,000 arbitrators, the platform provides a secure, centralised, cloud-based environment where all stakeholders — parties, arbitral tribunals, the ICC Secretariat and Court— can collaborate seamlessly and securely from anywhere in the world.

The platform is calibrated to address the scale and complexity of ICC arbitration, adding more process efficiency from case initiation through to resolution, including:
- Enhanced efiling: A user-friendly portal powers electronic submission and processing of arbitration requests, facilitating case progression and offering an integrated filing fee e-payment system.
- Secure digital document management: Centralised case files ensure real-time access, instant retrieval, and secure sharing of case information, documents, submissions and awards between parties, representatives, arbitrators and ICC.
- Dedicated party and arbitrator portals: Secure, role-specific portals provide a personalised experience, offering document access, case notifications and features tailored to user needs.
- Financial management: Integrated financial processes and built-in arbitrator expense management improve efficiency and facilitate financial oversight.
- Advanced administrative efficiencies: ICC operations, task management and decision-making workflows are optimised for greater efficiency and fluidity, improving the overall case management experience and ensuring arbitration proceedings remain on track.
- Customisable user accounts: Users can manage and personalise accounts, facilitating collaboration and enabling authorised administrative personnel to securely handle case administration tasks.
- Self-registration for arbitrators: A new feature allows prospective arbitrators to submit relevant information and increase their visibility towards ICC.
“We’re incredibly proud of what we have built with the ICC. Collaborating with them on this project has been a real pleasure,” said Charlie Harrel, Chief Operating Officer at Opus 2.

Find out more about ICC’s dispute resolution services.

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MIL OSI Economics –
April 1, 2025