Category: Commerce

MIL-OSI USA: Disaster Recovery Center Opening in Woodford County

Source: US Federal Emergency Management Agency

Headline: Disaster Recovery Center Opening in Woodford County

Disaster Recovery Center Opening in Woodford County

FRANKFORT, Ky

–A Disaster Recovery Center is opening March 29 in Woodford County to offer in-person support to Kentucky survivors who experienced loss as the result of Feb

14 – March 7 severe storms, straight-line winds, flooding, landslides and mudslides

The new Disaster Recovery Center in Woodford County is located at: Woodford County Senior Citizens Center, 185 Beasley Road

, Versailles, KY 40383 Working hours are 7 a

m

to 7 p

m

Eastern Time, Monday through Saturday and 1 p

m

to 7 p

m

Sundays

FEMA representatives can explain available assistance programs, how to apply to FEMA, and help connect survivors with resources for their recovery needs

Representatives from the Kentucky Office of Unemployment Insurance, the Kentucky Department of Insurance and the U

S

Small Business Administration (SBA) will also be available at the recovery centers to assist survivors

Additional Disaster Recovery Centers are scheduled to open in other Kentucky counties

Click here to find centers that are already open in Kentucky

You can visit any open center to meet with representatives of FEMA, the commonwealth of Kentucky and the U

S

Small Business Administration

No appointment is needed

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

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

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

The deadline to apply for FEMA assistance is April 25

Kentucky homeowners and renters in Breathitt, Clay, Estill, Floyd, Harlan, Johnson, Knott, Lee, Leslie, Letcher, Martin, Owsley, Perry, Pike, Simpson and Woodford counties can apply for federal assistance

If you are unable to visit the center, there are other ways to apply: online at DisasterAssistance

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

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

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

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

Your Social Security Number

A general list of damage and losses

Banking information if you choose direct deposit

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

For an accessible video on how to apply for FEMA assistance, go to youtube

com/watch?v=WZGpWI2RCNw

For more information about Kentucky flooding recovery, visit www

fema

gov/disaster/4860

Follow the FEMA Region 4 X account at x

com/femaregion4

martyce

allenjr
Sat, 03/29/2025 – 13:14

MIL OSI USA News –

March 31, 2025
MIL-OSI USA: Three Days Left to Apply for FEMA Individual Assistance and SBA Disaster Loans

Source: US Federal Emergency Management Agency

Headline: Three Days Left to Apply for FEMA Individual Assistance and SBA Disaster Loans

Three Days Left to Apply for FEMA Individual Assistance and SBA Disaster Loans

LOS ANGELES – Only three days left to apply for FEMA Individual 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

Monday, March 31, is the deadline to apply for both FEMA disaster assistance and SBA low-interest disaster loans

The deadline to submit a Right of Entry (ROE) form to LA County has been extended to April 15, but the deadline for FEMA Individual Assistance and SBA disaster loans is still 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 AssistanceApply 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: Complete the opt-in form online at: Los Angeles County Right of Entry Permit for Debris Removal on Private Property

Download and complete a form: Debris Removal Right of Entry Permit (00011201

DOCX;1)

Submit at a Disaster Recovery Center

In Person

Pick up a form at a Disaster Recovery Center

Visit the DRC Locator to find a location

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

alberto

pillot
Sat, 03/29/2025 – 00:17

MIL OSI USA News –

March 31, 2025
MIL-OSI USA: The Bakery Group Issues Allergen Alert on Undeclared Milk, Soy and Yellow FD&C #5 In Specific Bread and Hamburger Buns

Source: US Food and Drug Administration

Summary

Company Announcement Date:
March 25, 2025
FDA Publish Date:
March 28, 2025
Product Type:
Food & BeveragesBakery Product/MixAllergens
Reason for Announcement:

Recall Reason Description
May contain undeclared milk, soy and yellow FD&C # 5

Company Name:
The Bakery Group
Brand Name:

Brand Name(s)
Ben E. Keith, Rodeo Goat, Casa Linda

Product Description:

Product Description
Brioche loaves, Brioche Buns

Company Announcement
The Bakery Group of Dallas, Tx is recalling 629 cases of Dense Brioche Pullman loaves, #654203 and 104 cases of 4.5in Brioche HB Buns, #54500 because they may contain undeclared Milk, Soy and Yellow FD&C#5. People who have an allergy or severe sensitivity to Soy, Wheat Milk or Yellow FD&C#5 run the risk of possible serious allergic reaction if consumed.
The Bakery Group sold these 2 products to Ben E. Keith of Ft. Worth, Tx and Rodeo Goat Casa Linda Store in Dallas, TX.
The improper labels were applied to these 2 products that are specifically produced for Ben E. Keith Ft. Worth and Rodeo Goat Casa Linda through wholesale distribution between the dates of December 24, 2024 and March 12, 2025.
The 2 products can be identified as being delivered in a brown box with the Ben E. Keith Label on the case, product code 654203 and product code 54500. The Brioche Pullman Loaves sold to Rodeo Goat Casa Linda can be identified as being delivered in a brown box with the label Rodeo Goat Casa Linda Brioche Pullman Loaf.
The Dense Brioche Pullman loaves are packaged 7 loaves to a case and the 4.5in Brioche HB Buns are packaged 48 to a case.
The label clearly states the product code as 654203 for the Dense Brioche Pullman that was sold to Ben E. Keith and Brioche Pullman Loaf that was sold to Rodeo Goat Casa Linda. They are no identifying lot numbers.
No illnesses have been reported to date.
The recall was initiated after a routine inspection by The State of Texas Health and Human Services that the product(s) did not have a containment statement on the label reflecting the product contains Milk, Soy, Wheat and Yellow FD&C #5 was distributed in packaging not revealing the presence of these allergens and after further investigation we concluded that the problem was caused by human error in our labeling and packaging department and has been corrected as of March 19, 2025.
Ben E, Keith Ft. Worth and Rodeo Goat Casa Linda customers who purchased the Dense Brioche Pullman Loaves and the Brioch Pullman Loaves, code #654203 as well as the 4.5in Brioche HB Buns, code #54500 between December 24, 2025 and March 12, 2025 that have any remaining inventory in their possession should contact their distributor, either Ben E. Keith Ft. Worth or The Bakery Group Distribution for re-labeling or a refund. Customers with any questions may contact The Bakery Group at 214-823-3943 Monday — Friday 8am-4pm.
We greatly apologize for this error and any inconvenience this has caused our distributors and customers.

Company Contact Information

Consumers:
The Bakery Group
214-823-3943

Product Photos

Content current as of:
03/28/2025

Regulated Product(s)

Topic(s)

Follow FDA

MIL OSI USA News –

March 31, 2025
MIL-OSI: Large European and US organizations are prioritizing reindustrialization investments over short-term profitability
Source: GlobeNewswire (MIL-OSI)

Press contact:
Florence Lièvre 
Tel.: +33 1 47 54 50 71 
Email: florence.lievre@capgemini.com

Large European and US organizations are prioritizing reindustrialization investments over short-term profitability
- To mitigate concerns over supply chain pressures, rising tariffs and trade disputes, cumulative investments within and outside of domestic markets projected to reach $4.7 trillion over the next three years, up from $3.4 trillion in 2024
- More than half have invested in nearshoring or reshoring their manufacturing over the past year, with 35% planning to increase investments in nearshoring in 2025 to diversify their manufacturing
- Friendshoring, in terms of sourcing and production, is poised to become a key route forward for nearly three quarters of organizations
Paris, March 31, 2025 – The 2025’ edition of the Capgemini Research Institute’s report, ‘The Resurgence of manufacturing: Reindustrialization strategies in Europe and the US’, published today, shows that large organizations across the US and Europe are intensifying their focus on reindustrialization to mitigate concerns over supply chain pressures, rising tariffs and trade disputes. The reconfiguration of global supply chains and manufacturing capacity, including ‘reshoring’ and ‘nearshoring¹production, as well as diversification, is being strategically prioritized over short-term profitability. Nearly 60% of executives are determined to continue their efforts despite higher costs and most organizations (65%) are reducing reliance on Chinese products. Instead, they are planning to invest in ‘friendshoring’¹over the next three years to de-risk their supply chains.

According to the survey conducted from January 1^st to 20^th, 2025, market tensions are driving large European and US organizations to accelerate their plans to diversify their manufacturing and supply chains: two thirds have an active or in-progress reindustrialization strategy – up from 59% in 2024.

“After decades of globalization, the imperative to reindustrialize is clear. Organizations are intensifying their efforts to de-risk and diversify their manufacturing and supply chains through friendshoring to reinforce proximity to markets,” said Aiman Ezzat, Chief Executive Officer at Capgemini. “Complexities and costs involved in re-orchestrating supply chains are not being underestimated. Business leaders are investing to navigate the unpredictable macro-environment and drive long-term competitiveness, taking advantage of advanced technologies. In an evolving global landscape, regional collaboration with suppliers, technology providers and policymakers will be key to build a resilient and adaptable manufacturing ecosystem.”

Rising tariffs and strain on supply chains drive reindustrialization
Supply chain resilience, geopolitical concerns, and a desire to be closer to customers emerge as the top drivers of reindustrialization. Supply chain pressure is cited by an overwhelming majority (95%) of executives, a significant increase from 69% in 2024. The desire to be closer to customers is cited for the first time, arriving in second position (92%).

Rising tariffs are further exacerbating supply chain challenges, with 93% of executives expressing concerns about their impact. Reindustrialization is increasingly viewed as a strategic response to the geopolitical environment – notably for battery/energy storage manufacturing, automotive and telecom – with more than half of executives across regions stating that tariffs are accelerating their reshoring and reindustrialization efforts.

Executives acknowledge the complexity and cost of reindustrialization. More than six in ten (62%) expect rising capital costs in the next three years but half foresee reduced logistics and supply chain costs within the same period thanks to greater proximity to customers. In addition, nearly two-thirds still view the domestic skills gap as a major challenge, showing no improvement from 2024.

Nearshore and friendshore manufacturing to surge in the next three years
Over the past year, business leaders across sectors say that they have intensified their strategy to relocate their production and supply chain with more than half (56%) having invested in either nearshoring or combined reshoring and nearshoring of their manufacturing, up from 42% in 2024. This trend is predicted to continue. In the next three years, onshore and nearshore operations are expected to rise to account for 48% (up 7 percentage points) and 24% (up 2 percentage points) respectively, of total manufacturing capacity.

According to the report, ‘friendshoring’ is poised to become a key route forward for most organizations (73%) in terms of sourcing and production. It is expected to account for 41% of total manufacturing capacity in the next three years, up from 37% in 2024. More than eight in ten (82%) executives indicate that they plan to reduce supply chain reliance on China, a significant increase from 58% in 2024. Organizations surveyed have instead targeted reindustrialization destinations in North America, UK, Mexico, Vietnam, India and North Africa.

Advanced technologies to accelerate reindustrialization while driving innovation and reducing costs
Most organizations (62%) are focusing on upgrading manufacturing facilities to make them smart and tech enabled. Over half of them have realized more than 20% cost savings through digital technologies in their reindustrialization efforts and a large majority (84%) plan to invest in advanced manufacturing technologies to further reduce costs.

More than 6 in 10 organizations are looking at critical technologies like data and analytics and AI/Machine Learning to support reindustrialization in the next three years. Organizations are also considering emerging technologies such as Gen AI and 5G & Edge computing; blockchain and digital twins; and quantum technologies.

In addition, nearly three quarters (73%) of organizations foresee that reindustrialization will help catalyze a shift toward sustainable and eco-friendly manufacturing practices, a significant increase from 56% in 2024.

To read the full report: LINK

Report Methodology
During January 1-20, 2025, the Capgemini Research Institute surveyed 1,401 executives employed at organizations with more than $1 billion in annual revenue, across the US, the UK, and continental Europe (France, Germany, Italy, the Netherlands, the Nordics, and Spain). Organizations surveyed operate across 13 key industrial and manufacturing industries. Executives surveyed were at director level and work across diverse business, technology, and manufacturing-related functions. The Capgemini Research Institute also interviewed supply chain and manufacturing executives and experts at large organizations globally.

About Capgemini
Capgemini is a global business and technology transformation partner, helping organizations to accelerate their dual transition to a digital and sustainable world, while creating tangible impact for enterprises and society. It is a responsible and diverse group of 340,000 team members in more than 50 countries. With its strong over 55-year heritage, Capgemini is trusted by its clients to unlock the value of technology to address the entire breadth of their business needs. It delivers end-to-end services and solutions leveraging strengths from strategy and design to engineering, all fueled by its market leading capabilities in AI, generative AI, cloud and data, combined with its deep industry expertise and partner ecosystem. The Group reported 2024 global revenues of €22.1 billion.

Get The Future You Want | www.capgemini.com

About the Capgemini Research Institute
The Capgemini Research Institute is Capgemini’s in-house think-tank on all things digital. The Institute publishes research on the impact of digital technologies on large traditional businesses. The team draws on the worldwide network of Capgemini experts and works closely with academic and technology partners. The Institute has dedicated research centers in India, Singapore, the United Kingdom and the United States. It was ranked #1 in the world for the quality of its research by independent analysts for six consecutive times – an industry first.

Visit us at https://www.capgemini.com/researchinstitute/

1 In this research, reshoring is defined as bringing manufacturing/production back to the domestic market/country of headquarters. Nearshoring is defined as moving manufacturing/production to a nearby or neighboring country. Friendshoring is a growing trade practice where supply chain networks are focused on countries regarded as political and economic allies, to further reduce risk exposure.

Attachments
- 2025_03_31_Capgemini_Press release_Reindustrialization of Europe and The US report_2nd edition
- Capgemini-Infographic-Reindustrialization of Europe and The US report_2nd edition
The MIL Network –
March 31, 2025
MIL-OSI: Welnax BioClear Reviews [Read Before Buying]: The Real Truth About This Toenail Fungus Device!
Source: GlobeNewswire (MIL-OSI)

KOWLOON, Hong Kong, March 31, 2025 (GLOBE NEWSWIRE) — Struggling with fungal infections, discolored, or brittle nails? You are not alone, as Millions of people worldwide suffer from the same annoying issue of nail fungus. Finding a solution that truly works is difficult for many people, trapping them in a cycle of routine clinic visits, topical creams and recurrent illnesses.

Welnax BioClear Toenail Reviews
Welnax BioClear claims to employ advanced light therapy to address the underlying cause of fungal infections without the use of harsh chemicals or prescription medications. It is intended to be used at home and offers a hassle-free substitute for pricey therapies that frequently have unintended side effects. Does it, however, fulfill its promises?

We noticed the Welnax BioClear is trending in the USA. Many intending buyers have gone to many online forums like Reddit and TrustPilot in search of a detailed product description. We have decided to put together all you need to know to make an informed purchase in this concise Welnax BioClear Reviews.

Many individuals are in search of a non-invasive, safer therapy for toenail fungus, and the Welnax BioClear claims to meet this standard by providing a small, user-friendly gadget that only needs a few minutes of daily use. Users report seeing noticeable improvements in as little as a few weeks, while others value the ease of caring for their nails without the need for messy lotions or trips to the podiatrist.

Is the Welnax BioClear just another overhyped device? Does it work? We will analyze its mechanism of action, user reviews, and whether it is worth buying by people with chronic nail fungus. Find out if the Welnax BioClear is the long-term fix you’ve been looking for by reading on.

Overview (Welnax Reviews)
What Is Welnax BioClear?

Welnax BioClear is a non-invasive device that uses light therapy to address toenail fungus. Welnax BioClear uses Low Light Laser Therapy (LLLT) to attack fungal infections at their source, unlike conventional therapies that depend on lotions, ointments, or oral drugs that may have negative side effects. By penetrating the nail bed with particular light wavelengths, the gadget breaks down fungal cells and encourages better nail development.

The Welnax BioClear is a hassle-free remedy for people with recalcitrant nail fungus because it just needs to be used for a few minutes each day. It offers a straightforward, at-home substitute that blends in perfectly with any routine, unlike messy topical treatments or expensive clinical procedures.

According to customer feedback, many users claim observable changes after only a few weeks of regular use. Verified customers, such as Sophia T. and Dylan P., have discussed their positive experiences, complimenting the gadget on its efficiency, ease of use, and capacity to repair nail health without the use of chemicals or negative side effects. Welnax BioClear provides a safe, scientifically supported answer to a long-standing toenail fungal infection.

Working Principle of Welnax BioClear Toenail Device
(Does Welnax BioClear Really Work?)

Welnax BioClear fights toenail fungus at its root with the innovative Low Light Laser Therapy (LLLT). The device targets the fungal infection without damaging the surrounding skin or tissue by emitting potent light wavelengths that go deep into the nail bed.

The fungal cells are disrupted by the light energy, which stops them from growing and eventually causes them to be eliminated. Users experience progressive improvement in nail thickness, texture, and color with regular use. Customer reviews attest to its efficacy. While complete healing usually takes a few months, users report noticeable improvements in as little as a few weeks.

DON’T MISS OUT: Welnax BioClear is Available At A Special Price – Click Here To Order From The Official Website

Features (Welnax BioClear Reviews)

Below are some unique features that set Welnax BioClear apart from your other alternatives:
- Advanced Low Light Laser Therapy (LLLT): Welnax BioClear’s application of Low Light Laser Therapy (LLLT) targets fungal infections at their source without causing damage to surrounding tissues by penetrating the nail bed using potent light wavelengths. LLLT fights fungal spores deep into the nail at the cellular level, unlike conventional therapies that primarily address surface symptoms.
- Drug-Free and Non-Invasive Treatment: Welnax BioClear is a chemical-free, safe substitute that doesn’t include any invasive medications. Without causing pain or running the risk of negative reactions, the gadget promotes the body’s natural healing processes.
- Quick and Notable Results: Welnax BioClear produces noticeable changes in a matter of weeks, unlike many antifungal therapies that take months to show results. Within the first month of use, users report significantly less discolouration and healthier nail growth.
- Clinically-Tested: The technology used in the creation of Welnax BioClear has been extensively researched for its efficacy in addressing fungal infections. Light therapy has been shown in numerous scientific investigations to effectively remove fungus without the need for prescription medicines.
- User-Friendly Design: A key feature of any at-home medical gadget is its ease of use. Welnax BioClear’s design prioritizes portability, ease of use, and lightweight design. The device is easy to use; all that is needed to start a therapy session is the push of a button. According to David S., a happy client, his wife found it easy to integrate the gadget into her daily routine: She was quite pleased with the outcome after using Welnax BioClear for a few months.
- Painless and Gentle Therapy: Conventional fungal therapies, such as oral antifungal drugs, sometimes have adverse effects. Additionally, some topical treatments may irritate or burn your skin. Welnax BioClear offers a totally painless experience, which makes it perfect for people with sensitive skin or those who are unable to endure traditional treatments. Emily W. stated she was tired of using creams and ointments that didn’t seem to help. She was going to quit trying out different therapies until the Welnax took her by surprise. The Welnax BioClear actually works!
- No Need for Expensive Prescription Drugs: You probably have spent a lot of money on doctor visits, prescription drugs, and recurrent antifungal cream purchases. A one-time investment for long-term nail health is offered by Welnax BioClear.
- Strengthens Nails and Prevents Reinfection: The recurrent nature of toenail fungus, even after treatment, is one of its most annoying aspect. In addition to addressing the infection, Welnax BioClear strengthens nails, which lowers the chance of recurrence. Over time, stronger, healthier nails result from the light therapy’s promotion of circulation and cellular repair.
- Portable and Travel-Friendly: Welnax BioClear is small and portable. Users can now maintain the health of their nails whether they are at home or on the go.
Is Welnax BioClear Safe?

Welnax BioClear is designed to be a non-invasive, safe therapy for brittle nails and toenail fungus. The gadget employs low-light laser therapy, a professionally proven technique renowned for its efficacy and safety, unlike conventional therapies that depend on harsh chemicals or prescription drugs. Without causing harm to the surrounding skin or tissue, the technique targets fungal diseases at their source by emitting potent light wavelengths that enter the nail bed.

Welnax BioClear’s drug-free design has been praised by many users in the USA, Canada, Australia and New Zealand. Strong antifungal ingredients included in many topical therapies might irritate skin, cause dryness, or trigger allergic responses. Welnax BioClear is a mild yet efficient light-based therapy without these side effects.

Furthermore, because it is intended for home usage, customers can effortlessly make their nails better without a doctor’s supervision. For best results, users just need to adhere to the recommended 7-minute daily use.

Customer reviews confirm its safety even more. Verified purchasers such as John H. and Dylan P. have commended its efficacy, citing no adverse effects or discomfort. It’s easy and safe to get healthier nails with Welnax BioClear.

Detailed Instructions on How to Use Welnax BioClear Toenail

For the best results, use the Welnax BioClear consistently following the instructions below:
- Clean the Affected Nail: Prior to using the therapy, wash and pat dry the fingernail or toenail. For optimal results, remove any nail polish.
- Position the Device: Make sure the affected nail is completely covered with Welnax BioClear.
- Activate the Light Therapy: Switch the machine on and leave it running for around seven minutes.
- Let It Work: The light targets the fungus without causing pain or suffering by penetrating the nail bed.
- Repeat Every Day: For reliable results, use once or twice daily. Within weeks, regular use guarantees noticeable improvement!
DON’T MISS OUT: Welnax BioClear is Available At A Special Price – Click Here To Order From The Official Website

Why Is Welnax BioClear So Affordable?
(Welnax BioClear Toenail Reviews)

Welnax BioClear’s cost-effective production, creative design, and direct-to-consumer business strategy all contribute to its affordability. Professional-grade Low Light Laser Therapy (LLLT) is now available in a small, one-time purchase device with Welnax BioClear, unlike costly laser treatments at clinics that can cost hundreds or even thousands of dollars each session. For people looking for long-term relief from toenail fungus, this is a more affordable option because it does not require frequent trips to a doctor.

The lack of ongoing expenses is another point that makes it affordable. Prescription drugs, lotions, and ointments are just a few examples of the common therapies that require ongoing expenses over several months, which can mount up over time. Welnax BioClear is a one-time purchase that customers can depend on for continuous use without incurring further costs.

In addition, the Welnax company eliminates middlemen and costly retail markups by taking a direct-to-consumer strategy. Welnax BioClear passes up the savings to clients because it sells mostly online, eliminating the overhead expenses that come with running physical outlets.

The efficacy of Welnax BioClear is not affected by its affordable price. According to verified USA customer reviews, it can effectively eradicate fungal infections in a few weeks, making it a reasonably priced alternative.

Is Welnax BioClear Legit?

Every day, new health and wellness gadgets are posted on different online platforms, leaving you wondering if the Welnax BioClear is a scam or a genuine product. However, Welnax BioClear stands out as a tested and trusted remedy for toenail fungus based on actual customer experiences and the science underlying its technology.

The application of Low Light Laser Therapy, a non-invasive procedure that has been extensively researched for its efficacy in addressing fungal infections, is one of the main features that demonstrate its legitimacy. Welnax BioClear employs potent light wavelengths to enter the nail bed and combat fungus at its source, unlike conventional lotions and ointments that just target the surface. Without the use of harsh chemicals or costly medical appointments, this method guarantees deeper, more durable effects.

Numerous users have expressed their satisfaction, highlighting observable enhancements in nail health after just a few weeks of regular use. For example, Sophia T., a verified customer, was skeptical at first but discovered that Welnax BioClear was a “game-changer.” After years of battling nail fungus, she saw noticeable improvements in a matter of weeks, and her nails looked healthy again in two months. In the same way, Emily W. was on the verge of giving up after trying countless unsuccessful therapies. She was astounded by how well Welnax BioClear removed her nail after four weeks of use.

Additional testimonies support the product’s efficacy. David S. bought the gadget for his wife, who had long struggled with toenail fungus. Before using Welnax BioClear, she tried a number of drugstore remedies without success. Her nails seemed noticeably healthier in just two months, and she was thrilled with the outcome. John H. agreed, stating that the first therapy that truly worked was Welnax BioClear, which produced better nail growth in as little as one month.

Beyond customer satisfaction, the device’s ease of use and convenience further demonstrate its legitimacy. Dylan P. valued that Welnax BioClear only needed a straightforward 7-minute daily session, free of chemicals and mess. His confidence returned when he noticed that his nails were getting healthier and that the discolored areas were progressively going away.

Welnax BioClear Toenail Fungus Device is far from a fraud because of its tried-and-true technology, solid user reviews, and a hassle-free, secure application. It offers a practical, scientifically supported remedy for toenail fungus, enabling customers to attain healthier nails with less work.

Welnax BioClear Reviews Consumer Reports and Complaints

Many customers have reported getting exactly the result they wanted from the Welnax BioClear. Below are Real consumer reports from verified customers:
- Sophia T.| Verified Buyer – “I’ve struggled with nail fungus for years, and nothing seemed to work. I was skeptical at first, but the Welnax™ BioClear has truly been a game-changer! The Low Light Laser Therapy is gentle yet effective. I noticed a visible difference in my nails after just a few weeks of consistent use. After about two months, my nails are finally looking healthy again. I no longer feel embarrassed about my feet, and I’m so glad I gave this product a try. It’s safe, simple, and most importantly, it works!”
- John H.| Verified Buyer – “I’ve tried countless treatments for nail fungus, but Welnax™ BioClear is the first one that has actually made a difference. It’s super easy to use and doesn’t require a lot of time. Within a month, I started to see healthier nail growth. I’m really impressed with how well it works and how non-invasive it is. I would definitely recommend it to anyone who’s struggled with nail fungus and wants a simple, effective solution.”
- Dylan P.| Verified Buyer – “I’ve been using Welnax for just over a month now, and I’m amazed at the results. My nails are noticeably healthier, and the thick, discolored spots are slowly fading. I love how easy it is to use—no mess, no chemicals, just a quick 7-minute session each day. I’m finally feeling confident about my nails again and will definitely keep using this device.”
- Emily W.| Verified Buyer – “I was tired of using creams and ointments that didn’t seem to help. I was about to give up. But Welnax has really surprised me. I’ve been using it for about four weeks now, and my nail is almost completely cleared up. I was skeptical at first, but now I can honestly say it works. So glad I found this!’
- David S.| Verified Buyer – “ I got this for my wife because she’d been dealing with toenail fungus for a while, and honestly, she hates going to the doctor. She’d tried everything from the drugstore, but nothing worked. After using Welnax™ BioClear for a couple of months, she was super happy with the results. Her nails actually look healthier now, and she’s really glad we gave it a shot. I’m pretty relieved too!”
DON’T MISS OUT: Welnax BioClear is Available At A Special Price – Click Here To Order From The Official Website

Pros Of Welnax BioClear (Welnax BioClear Toenail Reviews)
- Welnax BioClear addresses nail fungus with laser treatment, which is less invasive and less irritating than oral antifungal drugs, which can have adverse effects.
- For people who prefer natural cures, this is a safer alternative because it eliminates the need for prescription drugs and chemical-laden topical treatments.
- The Welnax BioClear is made for domestic use, so it needs little work. Simply cover the damaged nail with it, click the power button, and let it take care of the rest.
- After using the product consistently for a few weeks, many users report observable improvements in the health of their nails.
- Welnax BioClear reaches deep into the nail bed to eradicate fungus at its source, unlike other therapies that simply address symptoms that are visible on the surface.
- It’s ideal for folks with hectic schedules or who travel because it’s small enough to carry during trips.
- No Mess or Residue
- The Welnax BioClear Light therapy is a well-researched and proven treatment for fungal infections.
- Compared to routine medical visits or continuous purchases of antifungal medications, a single purchase can ultimately result in financial savings.
- Safe for All Ages
- 30-Day money-back guarantee
Cons Of Welnax BioClear Toenail Fungus (Welnax BioClear Reviews)
- Needs Consistency and Patience: Depending on the extent of the infection, it may take a few weeks to months to see obvious effects.
- Not an Instant Fix: It takes time for new, healthy nails to grow. Thus, this device does not offer instant aesthetic results like nail paints or temporary cosmetic remedies do.
- Best purchased online: The Welnax BioClear is not available in Walk-in stores.
How Much Does Welnax BioClear Cost?

The Welnax BioClear is surprisingly affordable. The Welnax BioClear company is even running a 50% off discount currently, making it a wonderful bargain. The product is available at the following pricing:

Welnax BioClear Where To Buy

The official Welnax BioClear website is the best location to buy it. A genuine product with complete warranty coverage, customer service, and access to any available promotions or discounts is guaranteed when you purchase straight from the manufacturer.

There are drawbacks associated with buying from third-party platforms, including poor customer service, lack of warranty, and counterfeit products. Always place your order on the official website to prevent problems.

The money-back guarantee is an additional benefit of purchasing from the manufacturer. Within 30 days of purchase, you can return the product if it does not live up to your expectations. Additionally, clients can save extra when buying multiple units thanks to the official website’s bulk deals.

Getting yours is simple. Just go to the website, choose the deal you want, and complete the payment process. The company offers safe payment methods to guarantee the security of your transaction. After completing the transaction, tracking information is supplied, and shipping is usually fast. To start down the path to healthier nails, visit the official website right now.

CLICK HERE NOW TO BUY WELNAX BIOCLEAR DIRECTLY FROM THE OFFICIAL WEBSITE AT A DISCOUNTED PRICE

Commonly Asked Questions (Welnax BioClear Reviews)

We understand you might have questions regarding the Welnax BioClear, so we have provided answers to some frequently asked questions below:

What is the duration required to observe results?

Depending on the severity of the infection, different people experience noticeable improvements at different times. However, after four to six weeks of regular use, many individuals report observable changes. customer testimonials from confirmed purchasers such as Sophia T. and Dylan P. state that full recuperation happens after a few months, with noticeable progress after only a few weeks.

Can my fingernails benefit from the Welnax BioClear?

Of course! Although the gadget is promoted mostly for toenail fungus, it is equally helpful for fungal infections of the fingernails.

Is it simple to use?

Yes, Welnax BioClear is made to be used easily at home. Just cover the afflicted nail with the device, switch it on, and wait for the light therapy to begin; usually, only a few minutes per session. There is no need for further setup, and the procedure is totally painless.

When is the best time to use Welnax BioClear?

Depending on how severe the infection is, the gadget should be used once or twice a day for optimal effects. Achieving the intended result requires regular and consistent application.

Can a single device be used by several people?

As long as appropriate hygiene precautions are taken, several family members can share a Welnax BioClear. The Welnax is a personal device, though, so if possible, everyone should have one for personal use.

What is the duration of each session?

Each nail treatment takes about seven minutes. Users can carry on with their regular tasks while receiving therapy.

Is it possible to combine Welnax BioClear with other treatments?

Yes, Welnax BioClear can be used in conjunction with other treatments that promote nail health or antifungal lotions. Many customers, nevertheless, discover that the gadget is just enough to give them the result they want.

Does it work on thick or discolored nails?

Indeed, Welnax BioClear helps restore the natural look of nails in addition to getting rid of the fungal infection. After regular use, many users have experienced better nails, less discolouration, and better overall nail health.

Will Welnax BioClear stop infections in the future?

Indeed, regular application of Welnax BioClear not only gets rid of toenail fungus that is already there, but it also keeps them from coming back by promoting healthy nail development. Maintaining clean, dry, and clipped nails also improves defense against fungus infections in the future.

What are the opinions of customers regarding Welnax BioClear? (Welnax BioClear Reviews Reddit)

Welnax BioClear has received overwhelmingly excellent customer feedback. Users such as Emily W., along with John H., have talked about their experiences, emphasizing how convenient and effective the device is. Numerous reviews highlight how simple it is to use and how fast they saw improvements in the condition of their nails. Strong proof that Welnax BioClear is a reliable treatment for toenail fungus is found in the success stories of verified customers.

Is Welnax BioClear effective for everyone?

The majority of users report notable improvements, while individual factors such as intensity and consistency of use may affect results. After trying several other treatments with limited success, verified customers have hailed the Welnax as a game-changer in their battle against nail fungus.

Can I wear nail paint and use Welnax BioClear at the same time?

Before using the gadget, it is advised to remove any nail polish. Polish may function as a barrier, decreasing the efficiency of light therapy, which requires direct contact with the nail bed.

What makes the Welnax BioClear special?

Welnax BioClear provides a painless, practical, and drug-free alternative to messy lotions and ointments or oral drugs with adverse effects. For many users, its light therapy technology offers complete care all from the comfort of their home.

Wrapping Up Welnax BioClear Reviews

Welnax BioClear distinguishes itself from conventional toenail fungal treatments with its non-invasive, painless application, quick results, and Low Light Laser Therapy. Its efficacy, simplicity of use, and capacity to restore nail health without the use of harsh chemicals or expensive prescription drugs are the talk of many customer reviews on so many online platforms like Reddit and TrustPilot.

Welnax BioClear is a drug-free, scientifically supported therapy for those with recalcitrant nail fungus that actually works, as confirmed by customers like John H., Sophia T., and Emily W., who have confirmed that this gadget is a tested and trusted way to get healthier, clearer nails.

Welnax BioClear offers a straightforward, hands-free treatment that works with any routine, unlike messy lotions or prescription drugs that can take months to show benefits. After weeks of regular use, numerous USA-verified customers have shared their success stories, pointing to observable changes in nail health. The gadget was also made with safety in mind, so there is no chance of negative side effects even after prolonged use.

Welnax BioClear is unique among nail fungus treatments due to its cost-effectiveness and efficiency. However, buying straight from the official website is advised to ensure authenticity and to take advantage of all manufacturer-backed warranty coverage, possible discounts, and access to authentic products.

Welnax BioClear has given many consumers an easy-to-use and effective approach to repair healthier nails, even though individual outcomes may differ. Give the Welnax BioClear a try to see for yourself. Hurry while supplies last!

DON’T MISS OUT: Welnax BioClear is Available At A Special Price – Click Here To Order From The Official Website

Media Contact:
Email: apexreviews200@gmail.com

Disclaimer & Affiliate Disclosure
This content is for informational purposes only and is not intended to diagnose, treat, cure, or prevent any medical condition. The BioClear Toenail Fungus Device has not been evaluated by the FDA for medical claims. Individuals with severe or persistent medical concerns should consult a healthcare professional before using this device.
Results may vary, and individual effectiveness depends on factors such as consistency of use, severity of the infection, and individual nail growth rates. The information provided in this article should not be considered professional medical advice.
Some links within this article may be affiliate links, meaning the publisher may receive a commission if a purchase is made through these links at no extra cost to the buyer. This helps support the continued creation of valuable content and unbiased product reviews.

Photos accompanying this announcement are available at:
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https://www.globenewswire.com/NewsRoom/AttachmentNg/2d47cfd5-4d7d-4c63-80ac-fa7eb4b55d62

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The MIL Network –
March 31, 2025
MIL-OSI Economics: Samsung To Launch Bespoke AI Jet Ultra, the Most Powerful Cordless Stick Vacuum Cleaner in the World

Source: Samsung

▲ Bespoke AI Jet Ultra in a hallway

Samsung Electronics today announced the global rollout of the Bespoke AI Jet Ultra, the world’s most powerful cordless stick vacuum cleaner,1 which was unveiled at the Welcome to Bespoke AI global event held this month. Featuring the upgraded AI Cleaning Mode 2.0 and advanced HEPA filtration system, this latest innovation builds on Samsung’s leadership in smart home cleaning appliances.

“Samsung has proven its next level innovation in the cordless stick vacuum cleaner segment by launching the most powerful model in the world,” said Jeong Seung Moon, EVP and Head of the R&D Team for Digital Appliances Business at Samsung Electronics. “Building on the previous achievement of the Bespoke Jet AI, which was the world’s first UL verified AI-powered cordless stick vacuum cleaner,2 we’re confident that this new model will be a true game changer in the global market.”

Clean Thoroughly With the World’s Most Powerful Suction Power
▲ Bespoke AI Jet Ultra in a living room

The Bespoke AI Jet Ultra boasts suction power of up to 400W3 to tackle even the toughest cleaning tasks. The HexaJet Motor is the key component that generates high suction power. Its unique Hexagon stator structure with a second-stage diffuser and an impeller with the reduced thickness improve airflow and increase motor efficiency, thus enabling up to 400W of suction power. Plus, the motor allows the vacuum cleaner to run for up to 100 minutes on one battery when using Min mode,4 so users can clean their whole house in one go.

Intelligent Cleaning Support Through AI Cleaning Mode 2.0
▲ Bespoke AI Jet Ultra in a dress room

The Bespoke AI Jet Ultra also introduces the upgraded AI Cleaning Mode 2.0.5 By sensing the brush load and vacuuming air pressure, this mode can classify a total of six different cleaning environments6 using Samsung’s AI Optimum Tech and automatically adjust the cleaning performance. When using the Active Dual Brush, it can recognize whether a carpet is normal or long-pile. The vacuum cleaner senses corners7 with the Slim LED Brush+, as well. And by adjusting the suction power and brush speed8 for the different cleaning environments, it uses power more efficiently, reducing battery power use by 21% and increasing maneuverability by 8% with performance akin to Mid mode.9

Advanced HEPA Filtration System
Complementing this powerful and intelligent experience, Samsung has enhanced the filtration system to ensure dust particles are captured when air is expelled from the vacuum cleaner. The Bespoke AI Jet Ultra features a Multi-layered Filtration system that effectively traps fine dust.10 When air comes in, internal compartments like the cyclone and a metal mesh grille filter catch dust particles in succession. As a result, it achieves a filtration efficiency of 99.999%.11

Another distinctive benefit is that Samsung has implemented HEPA filtration into its Multi-layered Filtration system. With this system, the Bespoke AI Jet Ultra captures dust particles as small as 0.3µm, allowing less dust12 to escape into the air.

1 Based on testing by SLG Prüf- und Zertifizierungs GmbH, in accordance with the IEC 62885-4 Cl.5.8 standard, using a handheld type vacuum cleaner (with no brush) in Jet mode. The results were compared to cordless stick vacuum models available on the market with a stated suction power within 30% of the actual suction power of the Samsung model tested by SLG. Based on sales data between January 2024 and December 2024 as compiled by an independent market research institute.2 In May 2023 it was the first cordless stick vacuum cleaner to receive AI certification from UL Solutions, a leading independent safety science organization.3 Based on testing by SLG Prüf- und Zertifizierungs GmbH, in accordance with the IEC 62885-4 Cl.5.8 standard. Measured at the inlet of the non-motorized tool when the dustbin is empty, using Jet Mode and a large capacity battery that is fully charged. Lasts up to 1 min.4 The stated run time applies when using a large capacity battery (3970mAh) and the minimum power level with a non-motorized tool attached. Results may vary depending on actual usage.5 The updated functions of AI Cleaning Mode 2.0 can be activated after registering the stick vacuum cleaner on the SmartThings App. The operation of AI Cleaning Mode 2.0 may be limited in certain environments, such as when the All-in-one Clean Station is unplugged or Wi-Fi connection is unstable or the Bluetooth connection status between the stick vacuum cleaner and the All-in-one Clean Station is unstable. If AI Cleaning mode 2.0 does not work frequently, please move the All-in-one Clean Station to a space without obstacles nearby. To enable continuous function updates, users should keep the Wi-Fi in the house on at all times.6 The ability to identify different cleaning environments and the time it takes to change the settings can be affected by environmental conditions.7 Corner and floor-wall joint detection only operates in hard floor environments. “Corner” refers to the area where two flat and closed walls meet. The suction power increases about 2-3.5 seconds after the brush is pressed against the wall. If the brush contacts only one side of the corner or if there is a gap in the corner, it may not be recognized as a corner, and the recognition accuracy and reaction speed may vary depending on the wall shape and actual usage environment.8 The brush rotation speed (rpm) can only be adjusted when using the Active Dual Brush.9 Based on internal testing when using the Slim LED Brush+, in accordance with the global average ratio of the floor composition – wooden floor 76% and carpet 24%. It achieves the same cleaning performance as Mid mode with 2% or less difference in cleaning efficiency, in accordance with the IEC 62885-2 Cl. 5.1 and 5.4 standard. The battery consumption was measured based on the actual amount of power consumed while using the vacuum cleaner for 35 minutes from a fully charged state. The maneuverability is based on the actual measured value in accordance with the IEC 62885-2 Cl. 7.3.9 standard. Results may vary depending on the actual usage conditions.10 Refers to dust particles in the size range of 0.5 to 4.2µm.11 Based on internal test in accordance with the IEC 62885-2 Cl. 5.11 standard, using Jet Mode. Results may vary depending on actual usage.12 Based on testing by SGS-IBR Laboratories, in accordance with the ASTM F3150 standard, using Jet Mode. Results may vary depending on actual usage. Compared to our non-HEPA filter model. Refers to dust particles with the size of 0.3µm or above.

MIL OSI Economics –

March 31, 2025
MIL-OSI Economics: Samsung Expands Its Smart Laundry Offerings With Bespoke AI Laundry Vented Combo

Source: Samsung

▲ Bespoke AI Laundry Vented Combo_Dark Steel

Samsung Electronics today announced the addition of the Bespoke AI Laundry Vented Combo1 — an All-in-One Washer and Electric Dryer with a 7-inch AI Home touchscreen – to its lineup of Bespoke AI Laundry appliances. The combined unit eliminates the need to transfer laundry between washing and drying, while also bringing fast drying performance and intelligent functionality that makes laundry remarkably convenient.

Samsung has continued to innovate in the laundry room to offer consumers a wide array of washer and dryer models for spaces of all sizes and layouts. The Bespoke AI Laundry Ventless Combo was a standout in 2024, as it raised the bar for all-in-one washer-dryers by eliminating the common performance sacrifices associated with the format. The new Bespoke AI Laundry Vented Combo builds on its innovation and success, giving consumers another stylish and convenient space-saving option.

“At Samsung, our mission is to create smart home solutions that make life easier, more efficient and more sustainable, elevating home space to the next level in both performance and style,” said Jeong Seung Moon, EVP and Head of R&D Team for Digital Appliances Business at Samsung Electronics. “The Bespoke AI Laundry Vented Combo brings exceptional time-saving efficiency to the laundry room in a compact all-in-one solution.”

Convenient, Time Saving Functionality
▲ Bespoke AI Laundry Vented Combo_SuperSpeed

The Bespoke AI Laundry Vented Combo is a powerful model that washes and dries clothes completely in a single machine in just 68 minutes2 when using the Super Speed cycle. Its roomy 5.3 cu. ft. Ultra Capacity drum lets users do more laundry in a single load, and its vented design uses the internal heater and fan to move hot air through clothes and vent out moisture, ensuring clothes are always dried quickly and thoroughly. For even more convenience, the Vented Combo can simply swap out the currently installed washer and electric vented dryer.

And with Samsung’s AI Bubble technology, users can enjoy clean clothes, cycle after cycle. Water, air and detergent combine to create a cleansing foam that seeps into fabrics for an effective wash. To tackle tough stains without spending time pretreating them, the Steam Wash cycle comes into action. The drum releases steam to thoroughly saturate every item in the load and ensure an effective deep clean.

Effortless Operation
▲ Bespoke AI Laundry Vented Combo_Lifestyle

Like the other products in Samsung’s Bespoke AI Laundry lineup, the Vented Combo automates the process of washing and drying clothes, streamlining laundry routine and making it faster, easier experiences. Its intuitive 7-inch AI Home display is simple to use and gives a quick access to the Combo’s settings for effortless operation. And for those busy moments when the user is multi-tasking or has their hands full, convenient Voice Control capabilities let them give commands to turn the Combo on or off, access settings and more.3

Samsung’s AI Opti Wash & Dry technology uses powerful AI sensors to detect soil levels and fabrics, automatically adjusting settings as needed during the cycle to deliver a better wash and dry.4 For added convenience, the Flex Auto Dispense System automatically dispenses up to 47 loads5 of detergent — or users can choose to split the compartment, so it dispenses up to 34 loads of fabric softener and 25 loads of detergent. And when the clothes are finished drying, the Auto Open Door pops open, allowing leftover moisture to evaporate, preventing unpleasant, musty odor so clothes are fresh and dry when taken out.

And with built-in Wi-Fi connectivity, users can also get end-of-cycle alerts and remotely start, stop or delay the Combo from their mobile phone, using the SmartThings app.6

Innovations To Improve Energy Efficiency
▲ Bespoke AI Laundry Vented Combo_Lifestyle1

The Bespoke AI Laundry Vented Combo is engineered for seamless sustainable living. As an ENERGY STAR® Certified washer-dryer, it has been recognized by the U.S. Environmental Protection Agency (EPA) for delivering energy efficiency along with the latest in technological innovation.7

SmartThings Energy allows them to monitor power consumption and estimate their monthly electricity bill for improved control over their energy usage.8 They can also turn on AI Energy Mode9 to have the Vented Combo automatically optimize its energy consumption and reduce usage by up to 30%.10 The Vented Combo is also equipped with Samsung’s Less Microfiber cycle setting, which allows users to gently clean synthetic textiles while reducing 39% of microfibers released into the ocean.11

Availability and Pre-Orders
Samsung’s Bespoke AI Laundry Vented Combo comes in two premium colors — Dark Steel and Brushed Black for the U.S. consumers. Only the Brushed Black is available in Canada and the Dark Steel in Mexico. For those who prefer the ventless version, the Bespoke AI Laundry Ventless Combo with Heat Pump is available in Dark Steel.

The Bespoke AI Laundry Vented Combo is now available for pre-order in the U.S. and will be available in Canada and Mexico in 2Q of 2025.

1 Among 27″ combo washer/dryers. Sold only in USA, Canada and Mexico.2 Based on using a Super Speed cycle only with a 10 lb. DOE load (cotton 50% + polyester 50%). Individual results may vary based on actual load content.3 Available on Android and iOS devices. A Wi-Fi connection and a Samsung account are required. Bixby availability may vary depending on the country. Bixby only recognizes certain accents and dialects of English (U.K.), English (U.S.), English (India), French (France), German (Germany), Italian (Italy), Korean (South Korea), Mandarin Chinese (China), Spanish (Latin America), Spanish (Spain) and Portuguese (Brazil).4 Fabric sensing operates for 8 lbs (3.6kg) and under. Based on AI algorithm using IEC 8 lbs (3.6kg) load. To prevent wear, wash like fabrics together. Results may vary.5 Expected number of loads: Detergent compartment can hold general detergent for up to 25 loads. Flex compartment can hold one of the following: softener for up to 34 loads, general detergent for up to 22 loads or specialty detergent for up to 29 loads. Actual results may vary depending on individual use.6 Available on Android and iOS devices. A Wi-Fi connection and a Samsung account are required.7 Visit www.energystar.gov for more information on ENERGY STAR® guidelines.8 Available on Android and iOS devices. A Wi-Fi connection and a Samsung account are required.9 Can be applied on Towels, AI Opti Wash & Dry , Heavy Duty, Super Speed, Small Load cycle only when the selected washing temperature is ‘hot.’ Applicable to wash only.10 Based on internal testing with IEC 8lbs. (3.6kg) load except for Small Load cycle [IEC 4lbs. (1.8kg) load]. Results may vary depending on the actual usage conditions.11 Based on testing by the Ocean Wise Plastics Lab using a 2kg load of 100% polyester hoodies, comparing the Synthetics cycle on a Samsung conventional model 27″ washing machine with US design and the Less Microfiber cycle. Results may vary depending on the actual clothes and usage conditions. Applicable to wash only.

MIL OSI Economics –

March 31, 2025
MIL-OSI Economics: Samsung Electronics Unveils ‘AI Home’ Vision at Welcome to Bespoke AI Event

Source: Samsung

Samsung Electronics unveiled its refreshed “AI Home” vision and innovative appliance lineup at its global launch event, Welcome to Bespoke AI, in Seoul, Korea. With a focus on providing a more secure and intuitive user experience, the company introduced an AI Home experience, showcasing advanced AI features and a wider range of screen-enabled appliances.

Jeong Seung Moon, EVP and Head of the R&D Team for Digital Appliances Business at Samsung Electronics, opened the global press conference by introducing the company’s vision for creating an AI Home that harmoniously connects various devices and, as a result, caters to user needs in every room of the home.

“Through our Bespoke AI appliances, Samsung has brought an AI Home to life that not only enhances everyday convenience but also enables energy savings and care,” said Jeong Seung Moon. “We will continue to expand the advanced AI Home to more households, leveraging smart screens, Bixby and Knox security.”

The 2025 Bespoke AI Appliance Lineup
▲ Samsung unveiled the new Bespoke AI appliances for 2025.

During the event, Samsung introduced its Bespoke AI appliances for 2025, which bring new and innovative functionalities to solve users’ difficult problems.

At the heart of the company’s vision is the AI Home display.1 Built upon the innovation of the first introduction of the AI Home display last year, the AI Home with new size options has been expanded to a broad range of new products, such as Bespoke AI Refrigerators, the Bespoke AI Laundry Vented Combo, Washers and Dryers.2

The 9-inch AI Home screen on the Bespoke AI Refrigerator lineup increases consumers’ options by offering a similar experience to what’s available on the larger AI Family Hub screen. With the upgraded AI Vision Inside,3 food management has been enhanced with new features such as automatic recognition of processed food items,4 for models with the AI Family Hub and those with the AI Home. Through the 7-inch AI Home in the Bespoke AI Laundry, users can intuitively control the washing and drying cycles, as well as monitor and control other connected devices.5

Moreover, the new Bespoke AI appliances bring enhanced features that adapt to consumer needs. For example, the Bespoke AI Hybrid Refrigerator utilizes AI to efficiently cool the inside of the fridge, detecting its current status and predicting internal temperature changes to effectively adapt cooling.

The Bespoke AI Laundry includes new functions to enhance consumer convenience, with new standalone models that have upgraded AI Wash and AI Dry to AI Wash+ and AI Dry+,6 as well as models to be launched in Europe, using up to 55% less energy than class A minimum requirements for the washer.7 Also, Samsung unveiled the new Bespoke AI Laundry Vented Combo, which is the first ever vented combo in its class.8 It significantly reduces drying time, finishing both washing and drying in 68 minutes with its Super Speed cycle.

Samsung is continuing to innovate its vacuum cleaner lineup, as well. The cordless stick vacuum cleaner, the Bespoke AI Jet Ultra, will be launched with the world’s most powerful9 suction power of up to 400W.10 The upgraded AI Cleaning Mode 2.011 classifies more diverse environments12 like corners13 and the type of carpets14 for improved cleaning performance.

Samsung also revealed the Bespoke AI Jet Bot Steam Ultra.15 Not only is the robot vacuum cleaner designed to climb thresholds, but it is also enhanced with AI Object Recognition for complex environments,16 which can recognize obstacles as small as 1cm, and even transparent liquids17 for better cleaning results. And when it encounters corners or walls, the brush pops out, allowing it to clean areas that can be difficult for typical robot vacuum cleaners to deal with.

Samsung Home Appliances Bring Easy To Use, Care and Saving to Consumers
Samsung elaborated further on its “AI Home” vision and its commitment to integrating AI across the connected experience to cater to diverse lifestyles — through the core benefits of Easy to Use, Care and Saving.

Thanks to the adoption of the AI Home display, users will find it easier than ever to engage with the full functionality of their Bespoke AI appliances. The smart screen is now an even better central control hub, even connecting third party devices through SmartThings without the need for a separate hub device.18 Users can also utilize features like the refrigerators’ Daily Board to receive personalized information and better manage their day — or use Map View to effortlessly monitor and control other connected devices.

The upgraded Bixby allows for easier control of appliances through voice commands and enhances usability through new features like Voice ID.19 It personalizes services by recognizing the user’s voice, automatically switching to the Samsung account of the speaker and showing their calendar on the screen. And if that person also uses the low vision option on their Galaxy smartphone, it will be automatically synced to the screen for a better viewing experience.

New SmartThings services were also introduced during the event, including Family Care,20 which sends an alert to other family members if a user’s movement is not detected at the set time — or if there is no activity for a certain amount of time after the last activity. It is also possible to use the robot vacuum cleaner to look for signs of an emergency, with all of this functionality being tightly secured by Samsung Knox.

Continued Efforts To Deliver Reliable Experiences
To complete its “AI Home” vision for 2025, Samsung shone a light on how it is pushing the boundaries of innovation, prioritizing a trusted experience for users.

First, Samsung will apply enhanced Knox security to devices across the lineup so that users will be able to enjoy their AI Home experience with peace of mind. This year in particular, Trust Chain, which is part of Knox Matrix, is applied to all Wi-Fi enabled appliances launching in 2025. Users can continuously monitor products’ security status in real time through the dashboard.21

Knox Vault is also applied to home appliances for the first time,22 storing particularly sensitive user information, such as passwords and authentication information, in a separate hardware chip to ensure protection. Furthermore, to protect against the potential of future quantum attacks, Samsung’s security is also equipped with post-quantum cryptography (PQC), a part of Knox Matrix Credential Sync, for its screen-applied products.23

Another key priority for Samsung is making sure that customers can use the latest software features on their existing appliances without buying new ones. With Smart Forward,24 the software update service through SmartThings, Samsung continuously updates its appliances with new features to enhance the consumer experience.

Samsung is also actively improving product maintenance. SmartThings Home Care utilizes AI to diagnose each appliance’s status, and if signs of malfunction are detected, it sends a notification in advance. In addition, a technical support representative can provide guidance on remote measures based on pre-diagnosis results.25 This support feature has already expanded to more countries, including France, Netherlands and Canada, following Korea and the United States.

By integrating all of these wide-ranging initiatives, Samsung aims to create safer and more reliable smart home experiences that users can enjoy with comfort and peace of mind.

▲ Samsung DA held a global event to unveil its vision and new products.

1 AI Home display refers to the 7″ or 9″ LCD screen on the product. Does not mean all services available on the AI Home are AI or generate information or outcome using AI. Certain functions accessible through the AI Home utilize AI-based algorithms, which can be updated periodically to improve accuracy. AI-based algorithms may generate incomplete or incorrect information.2 AI Home is available on select models, and its availability may vary by region.3 Available on select T-Type and French Door refrigerator models. As of April 2025, AI Vision Inside can recognize 37 food items like fresh fruits and veggies. If the food is not recognizable, it may be listed as an unknown item. AI Vision Inside cannot identify or list any food items in the fridge door bins or freezer. It recognizes food items based on deep learning models, which may be updated periodically to improve accuracy.4 AI Vision Inside will recognize and recommend that users save processed food items that have been placed inside multiple times, allowing up to 50 items to be saved with the designated name. Processed foods are limited to those that keep a certain packaged form. AI Home recommends saving the item after it has been input more than 4 times during 30 days.5 A Wi-Fi connection and a Samsung account are required. Third-party devices must be SmartThings compatible.6 Based on an advanced AI-created algorithm. It may not detect certain fabrics or accurately identify them when a load includes a mixture of different fabric types. To prevent wear, wash like fabrics together. For US, the names of features are applied differently; AI OptiWash and AI OptiDry to AI OptiWash+ and AI OptiDry+.7 Based on Samsung internal testing. The energy consumption of this 9KG model is EEI 21.8, which is 55% more energy efficient compared to the minimum threshold of energy efficiency class A (EEI 52 for 9KG models). Energy ratings tested with Eco 40-60 program, 55% savings tested with Eco 40-60 program.8 Among 27” vented washer/dryers. Sold only in the U.S., Canada and Mexico.9 Based on testing by SLG Prüf- und Zertifizierungs GmbH, in accordance with the IEC 62885-4 Cl.5.8 standard, using a handheld type vacuum cleaner (with no brush) in Jet mode. The results were compared to cordless stick vacuum models available on the market with a stated suction power within 30% of the actual suction power of the Samsung model tested by SLG. Based on sales data between January 2024 and December 2024 as compiled by an independent market research institute.10 Based on testing by SLG Prüf- und Zertifizierungs GmbH, in accordance with the IEC 62885-4 Cl.5.8 standard. Measured at the inlet of the non-motorized tool when the dustbin is empty, using Jet Mode and a large capacity battery that is fully charged. Lasts up to 1 min.11 The updated functions of AI Cleaning Mode 2.0 can be activated after registering the stick vacuum cleaner on the SmartThings App. The operation of AI Cleaning mode 2.0 may be limited in certain environments, such as when the All-in-one Clean Station is unplugged or Wi-Fi connection is unstable or the Bluetooth connection status between the stick vacuum cleaner and the All-in-one Clean Station is unstable. If AI Cleaning mode 2.0 does not work frequently, please move the All-in-one Clean Station to a space without obstacles nearby. To enable continuous function updates, keep Wi-Fi on in the house on at all times.12 The ability to identify different cleaning environments and the time it takes to change the settings can be affected by environmental conditions.13 When used with Slim LED Brush+. Corner and floor-wall joint detection only operates in hard floor environments. “Corner” refers to the area where two flat and closed walls meet. The suction power increases about 2-3.5 seconds after the brush is pressed against the wall. If the brush contacts only one side of the corner or if there is a gap in the corner, it may not be recognized as a corner, and the recognition accuracy and reaction speed may vary depending on the wall shape and actual usage environment.14 When used with Active Dual Brush.15 Product features are still in development and may change. It does not guarantee final specifications.16 Based on our deep learning model trained using a predefined set of data and may yield incomplete or incorrect information. New datasets may be introduced to our learning model from time to time to enhance its accuracy.17 A liquid spill is defined as having a size of 7cm x 7cm or larger. Identification may be affected by the size of the stain or the environmental conditions of the floor, such as the floor pattern.18 Available in the refrigerators’ 32” AI Family Hub and/or 9” AI Home. A Wi-Fi connection and a Samsung account are required. All products must be connected to SmartThings. Only 3rd party devices that are compatible with SmartThings can be registered.19 Bixby availability may vary depending on the country. Bixby only recognizes certain accents and dialects of English (U.K.), English (U.S.), English (India), French (France), German (Germany), Italian (Italy), Korean (South Korea), Mandarin Chinese (China), Spanish (Latin America), Spanish (Spain) and Portuguese (Brazil). Voice ID will be available starting May of 2025 through Smart Forward update. Launch date may differ according to region and country. Bixby activated Samsung Account is required. Up to six accounts can be registered per device. To increase the accuracy of identifying each voice, it is recommended for you to register your voice in quiet surroundings. Voice ID is done based on the tone of voice used during registration process. Any change or modification to your voice may lead to misidentification.20 Appliance must support Wi-Fi and connect to SmartThings to activate service. Users can activate the service on the SmartThings.21 Trust Chain Dashboard is applied to appliances with 7-inch or 9-inch AI Home, and AI Family Hub screen launching in 2025.22 Knox Vault is applied to Bespoke AI Jet Bot Steam Ultra and appliances with 7-inch or 9-inch AI Home, and AI Family Hub screen launching in 2025, except Bespoke AI Oven.23 PQC is applied to appliances with 7-inch or 9-inch AI Home, and AI Family Hub screen launching in 2025, except Bespoke AI Oven.24 Smart Forward updates are available for software only, and for models released after 2017 that are equipped with standardized OCF protocol. Adequate hardware specifications may be required for certain updates. Available on Android and iOS devices. A Wi-Fi connection and a Samsung account are required.25 Applicable to appliances launched after 2018 and is supported on models with standardized OCF protocol released from 2018 onward. Supported features may vary according to region and country. Appliance must support Wi-Fi and connect to SmartThings to activate service.

MIL OSI Economics –

March 31, 2025
MIL-OSI Economics: Samsung Electronics Showcases Interactive Installation at Art Basel Hong Kong as the Official Art TV Partner

Source: Samsung

Samsung Electronics, the Official Art TV of Art Basel, delivered an immersive experience at Art Basel Hong Kong, the premier global art fair, from March 28-30. Attendees who visited Samsung’s ArtCube lounge discovered a new appreciation for artworks displayed on Samsung’s premium 2025 Smart TV lineup, including The Frame, MICRO LED and Neo QLED 8K.

▲ Artist Marc Dennis is standing inside the Samsung ArtCube, surrounded by his artworks.

“Samsung continues to make digital art accessible to more people through our premium display lineup,” said Hun Lee, Executive Vice President of Samsung Electronics’ Visual Display Business. “As the leader in Art TVs and Official Visual Display partner of Art Basel, the world’s most prestigious art fair, we remain committed to bringing the Art Basel experience to a wider audience with the Samsung Art Store.”

▲ Visitors at the Samsung ArtCube enjoyed various artworks on MICRO LED.

This year, Art Basel Hong Kong highlighted 240 galleries from 42 countries, with more than half of the artworks coming from Asia and the Asia-Pacific, showcasing the region’s dynamic cultural landscape.

At the fair, Samsung hosted a dedicated ArtCube lounge under the concept, ‘Borderless: Dive into the Art,’ featuring specially curated art collections available in stunning 4K quality on the Samsung Art Store. Additionally, visitors were able to experience artworks by five contemporary artists, including Kunyong Lee, Aerosyn-lex Mestrovic, Saya Woolfalk, Marc Dennis and Jules de Balincount.

▲ Artist Jules de Balincourt is standing inside the Samsung ArtCube, surrounded by his artworks displayed on Samsung Art TVs.

The ArtCube lounge featured five premium Samsung TVs, including The Frame, MICRO LED and Neo QLED 8K, delivering a breathtaking digital art experience. Upon stepping into the ArtCube lounge, visitors were welcomed by a display of artworks unfolding across the screens, creating an endlessly expanding and immersive artistic environment that unlocked a new appreciation of digital art.

▲ (From left) Hayley Romer, CGO at Art Basel converses with Daria Greene, Head of Content and Curation at Samsung.

In addition to its dynamic lounge experience, Daria Greene, Head of Content and Curation at Samsung, hosted a series of panel discussions featuring influential voices from the contemporary art world. These sessions included:

Bridging Worlds: How Technology is Transforming Art Appreciation & Accessibility
This conversation with Hayley Romer, Chief Growth Officer at Art Basel, delved into how digital innovation redefined the way art was created, displayed and appreciated—making it more immersive and accessible to global audiences than ever before. Romer mentioned, “In partnership with Samsung, we are updating our artworks in the Samsung Art Store every quarter. It is a lot of fun to find and explore the lovely pieces chosen by Art Basel, as well as those from museums.”
Blending Old & New: A Fireside Chat with Marc DennisRenowned hyper-realistic painter Marc Dennis joined the discussion about his artistic practice of skillfully blending Old Master techniques with modern themes to craft art that was both timeless and provocative. “Unlike in traditional museums, Samsung Art TVs allow people to spend as much time as they want with artworks, which is important to me because my works are very detailed,” Dennis explained.

▲ Hyper-realistic artist Marc Dennis describes how the Samsung Neo QLED 8K showcases this artwork with meticulous distinction.

Samsung recently launched a new Art Store collection featuring 23 curated artworks from Art Basel Hong Kong’s renowned galleries, made available on March 17, 2025. Global subscribers to the Art Store can now enjoy more than 3,000 pieces from world-leading museums and galleries, available on Samsung TVs including The Frame, MICRO LED, Neo QLED and QLED TVs.

▲ Samsung ArtCube displayed artworks created by artist Aerosyn-lex Mestrovic.

For more information, visit www.samsung.com.

MIL OSI Economics –

March 31, 2025
MIL-OSI Russia: Polytechnic University Presents New Projects with Artificial Intelligence

Translartion. Region: Russians Fedetion –

Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

Opening the eighth seminar on artificial intelligence, Vice-Rector for Research Yuri Fomin noted that the discussions demonstrated the diversity and scale of the use of AI technologies by Polytechnic University scientists. This time, two reports were devoted to the use of AI methods in digital engineering of molecular and biomolecular systems and in the management of processes in a high-tech medical organization.

The first topic was covered by Mikhail Ryazantsev, professor at the Higher School of Biomedical Systems and Technologies, director of the Scientific Research Institute “Digital Technologies in Medical and Biological Systems”. The speaker talked about the methods of machine learning and molecular systems engineering used, aimed at automating the development and optimization of the properties of molecular systems and processes, as well as synthesis and adaptation for industrial production.

Effective automation requires an iterative process where the results of high-performance computing and/or experiments are used to train ML models, which in turn guide further development and optimization steps. It is also important to have a platform for integrating all the tools into a single workflow.

Mikhail Nikolaevich spoke about the methods of directed evolution, combined design and the results achieved in optimizing protein properties. The professor emphasized that today chemistry is increasingly becoming an engineering science, including through the use of artificial intelligence, and the development of the industry requires appropriate software.

Igor Ilyin, Director of the Higher School of Business Engineering and Head of the Laboratory for Interdisciplinary Research and Education on Technological and Economic Problems of Energy Transition (CIRETEC GT), reported on solutions to pressing problems of medical institutions that need to optimize medical, management, and support processes.

The professor spoke about the characteristics and key aspects of the formation of the “smart clinic” architecture, as well as about digital technologies used in healthcare and projects being implemented. In particular, Igor Vasilyevich’s team is developing a system for supporting medical decision-making based on deep learning algorithms at the request of one of the largest medical centers in the country. Daniel Alliti, a postgraduate student at the Higher School of Business and Management of the Institute of Medical and Economics and Technology, spoke in more detail about the system. The system, being developed based on deep learning algorithms, should increase the efficiency of diagnostics and forecasting by 10%, reduce the number of medical errors leading to the death of the patient, reduce the routine tasks of doctors, freeing up time for receiving patients.

The seminar participants, who included undergraduate and graduate students, asked many questions regarding the methods and speed of computations, the operating systems used, responsibility for diagnoses made using AI, the use of terminology, etc.

It is gratifying that we have such a wide range of questions – from narrow technical to philosophical. This suggests that the topic of using artificial intelligence is truly interdisciplinary and inexhaustible, – commented on the results of the seminar Yuri Fomin.

The Vice-Rector for Research also supported the proposal to create a glossary on the topic of artificial intelligence so that there would be a common understanding of terms among participants in interdisciplinary research groups.

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 –

March 31, 2025
MIL-OSI Asia-Pac: Appointments to eighth term of New Energy Transport Fund Steering Committee

Source: Hong Kong Government special administrative region

The Environment and Ecology Bureau (EEB) today (March 31) announced the appointments to the New Energy Transport Fund (NET Fund) Steering Committee for a new two-year term starting from April 1.

The new term of the Steering Committee will continue to be chaired by the Chairman of the Council of Hong Kong Metropolitan University and Committee Member of the Chinese General Chamber of Commerce, Hong Kong, Dr Conrad Wong Tin-cheung, with members comprising experts and academics in green innovative transport technologies, representatives nominated from the transport trades, and representatives of relevant government departments.

The Secretary for Environment and Ecology, Mr Tse Chin-wan, thanked the outgoing members, Mr Kent Lam Wing-keung, Mr Ling chi-keung, Professor Lo Hong-kam, Mr Ng Kwan-sing, Mr Wilson Or Chong-shing, Mr Matthew Wong Leung-pak, and Mr Yu Kwok-Tai, for their enormous contributions to the Steering Committee and expressed his deep appreciation for the invaluable advice from all members of the last term rendered to the Government on the enhancement measures under Applications for Trial, including adopting the merit-based assessment criteria and introducing subsidy schemes for electric franchised buses and electric taxis under Applications for Use.

The membership of the Steering Committee in the new term is as follows:

Chairman
Dr Conrad Wong Tin-cheung

Members
Mr Chan Chi-fai*
Professor Chau Kwok-tong*
Miss Lai Hei-yan
Mr Lau Kim-wan*
Mr Jhonny Leung Huang
Mr Davy Lui Kin-wing*
Ms Venus Ma Chui-ki*
Mr Mo Shing-fung*
Mr James Wong Cheuk-on*
Mr Rex Wong Siu-han
Dr Daniel Yan Ting-kwan
Representative of the Electrical and Mechanical Services Department
Representative of the Environment and Ecology Bureau
Representative of the Innovation and Technology Commission
Representative of the Transport Department

Secretary
Principal Environmental Protection Officer (Air Policy), EEB

* New members

Transportation accounts for about 20 per cent of Hong Kong’s total carbon emissions. The development of green transportation is crucial to achieving the goal of carbon neutrality. The Government has put in place the Fund (previously named the Pilot Green Transport Fund) since March 2011 to subsidise and encourage the testing and wider use of green innovative transport technologies for a variety of commercial transport tools. Since its establishment, the Fund has approved a total of 298 trials, including different types of green innovative transportation technologies, such as electric commercial vehicles, electric waste collection vessels and an electric vehicle as a medical clinic, with a total funding amount of about $243 million. The NET Fund will continue to subsidise the transport trade to encourage trials of other types of new energy transport technologies apart from electric commercial vehicles, and promote the wider local application of mature new transport technology. Key projects include trial applications for hydrogen fuel cell heavy vehicles and the two subsidy schemes for electric taxis and electric franchised buses.

The Steering Committee advises the Government on the operation of the Fund and the approval of funding for applications. For more information on the Fund, please visit: www.eeb.gov.hk/en/new-energy-transport-fund.html.

MIL OSI Asia Pacific News –

March 31, 2025
MIL-OSI Asia-Pac: Speech by SITI at Laservall – “From Hong Kong To Global: The Future of Advanced Manufacturing and Microelectronics” (English only)

Source: Hong Kong Government special administrative region

Following is the speech by the Secretary for Innovation, Technology and Industry, Professor Sun Dong, at the Laservall – “From Hong Kong To Global: The Future of Advanced Manufacturing and Microelectronics” event today (March 31):

Ms Lee (Korean Consul (Commerce), Consulate General of the Republic of Korea in Hong Kong, Ms Jaeyon Lee), James (Chairman of Laservall, Mr James Kang), Andrew (Chief Executive Officer of Laservall, Mr Andrew Kim), Albert (Chief Executive Officer of the Hong Kong Science and Technology Parks Corporation, Mr Albert Wong), distinguished guests, ladies and gentlemen,

Good morning. It is my pleasure to stand before you today to celebrate Laservall’s global expansion in Hong Kong – a milestone that marks the company’s distinctive success achieved in developing advanced high-precision laser inter-connect solutions and automation system for advanced manufacturing.

Founded in Hong Kong in 2003 and commencing its amazing journey at the Hong Kong Science Park in 2024, a cradle that nurtures thousands of innovation and technology (I&T) companies, Laservall has evolved into a world leader in the advanced manufacturing industry today. With its extensive clientele including some renowned global brands in the industry of smartphone camera modules, electronics and automotive, Laservall continues to expand its operations with R&D (research and development) centres and production facilities across Asia.

We are so excited to witness Laservall’s success today, as advanced manufacturing has been a pivotal sector and significant power engine to drive the development of new industrialisation in Hong Kong.

Following the promulgation of the Hong Kong Innovation and Technology Development Blueprint in December 2022, the Hong Kong SAR Government has been actively promoting new industrialisation through supporting the advanced manufacturing industries and encouraging the upgrading and transformation of traditional manufacturing sector through the use of I&T, with the aim of driving sustainable economic growth and creating high-quality employment opportunities.

To bolster the development of new industrialisation, our Government has stepped up its efforts by implementing a series of supporting policies and measures. For example, the New Industrialisation Funding Scheme was enhanced to reinforce our efforts in supporting enterprises to adopt smart manufacturing. As of February 2025, the scheme had supported more than 100 new smart production lines. To extend our dedication, we launched the New Industrialisation Acceleration Scheme last year to provide funding support for enterprises engaging in industries of strategic importance. We will also earmark another $100 million for the Pilot Manufacturing and Production Line Upgrade Support Scheme to provide financial support to companies setting up smart production facilities in Hong Kong.

Today, Laservall announces its plan of investing $300 million over the next five years and doubling the size of R&D team by 2026, and extending their R&D team eventually by sixfold by 2028. This not only reflects the company’s commitment to innovation but also its unwavering confidence in Hong Kong’s I&T industry. Its expansion at the Science Park is a perfect example of how it is leveraging Hong Kong’s unique role as a “super-connector” and a “super value-adder” to strengthen its presence in the global market.

May I once again extend my sincere congratulations to Laservall for its outstanding I&T achievement. I am confident that we will soon witness more local companies, like Laservall, stepping onto the global I&T stage and demonstrating the remarkable outcomes of Hong Kong’s R&D capabilities to the world in the near future. Thank you.

MIL OSI Asia Pacific News –

March 31, 2025
MIL-OSI Asia-Pac: WAVES Bazaar Expands Global Reach with Exclusive Showcases and Strategic Partnerships

Source: Government of India

Posted On: 31 MAR 2025 11:55AM by PIB Mumbai

Mumbai, 31 March 2025

WAVES Bazaar, the premier global e-marketplace for the Media & Entertainment (M&E) industry, is set to make a powerful impact in its inaugural edition, taking place from May 1-4, 2025, at Jio World Convention Centre, Mumbai. As a key component of WAVES 2025, the marketplace will bring together industry leaders from Film, TV, and AVGC (Animation, VFX, Gaming, and Comics) sectors, offering unparalleled opportunities for collaboration, content showcasing, and business expansion.

With an ambitious vision to establish India as a global content hub, WAVES Bazaar will feature a range of exclusive segments, including the Viewing Room, Market Screenings, Buyer & Seller Meetings, and the dynamic Pitchroom, facilitating meaningful connections and driving cross-border partnerships.

Viewing Room & Market Screenings: Unlocking New Content Horizons

WAVES Bazaar will host curated screenings of films, series, and AVGC projects, providing buyers, sales agents, and distributors with exclusive access to fresh and compelling content. The Viewing Room will offer a dedicated space for industry professionals to explore and acquire new titles, while the Market Screenings will present select projects to a global audience, creating opportunities for content distribution, licensing, and syndication deals.

Buyer & Seller Meetings: Fostering Global Collaborations

In collaboration with FICCI Frames Content Marketplace, WAVES Bazaar will offer a structured Buyer & Seller segment, enabling one-on-one meetings between key stakeholders, including producers, studios, broadcasters, and platforms. These targeted B2B interactions aim to accelerate deal-making, co-productions, and content acquisitions, fostering international collaborations and strengthening industry ties.

Pitchroom: Where Ideas Meet Investors

The Pitchroom will provide a high-energy platform for creators, filmmakers, and content innovators to present their most promising concepts to investors, producers, and commissioning editors. Designed to spotlight emerging talent and innovative projects, the Pitchroom will serve as a launchpad for new content ventures and potential co-productions, making it a must-attend for industry decision-makers.

Industry Leaders Endorse WAVES Bazaar

Prominent industry players have lauded WAVES Bazaar for its potential to transform content trade and partnerships.

“We are excited to participate in WAVES Bazaar across multiple segments,” said Mr. Murlidhar Chhatwani, Chief Business Officer, and Mr. Rajat Goswami, Head of Film Acquisitions & Syndication at Panorama Studios. “This marketplace provides an incredible platform for showcasing our projects, securing meaningful collaborations, and expanding our global reach in the entertainment industry.”

A Gateway to Global Content & Strategic Alliances

WAVES Bazaar is poised to become a game-changer for content creators, buyers, and investors, offering an influential platform to discover new content, form partnerships, and explore distribution and co-production opportunities. The event invites buyers, sellers, investors, and M&E professionals to participate and leverage WAVES Bazaar for strategic growth and international collaborations.

For registrations and more information, visit: WAVES Bazaar

About WAVES

The first World Audio Visual & Entertainment Summit (WAVES), a milestone event for the Media & Entertainment (M&E) sector, will be hosted by the Government of India in Mumbai, Maharashtra, from May 1 to 4, 2025.

Whether you’re an industry professional, investor, creator, or innovator, the Summit offers the ultimate global platform to connect, collaborate, innovate and contribute to the M&E landscape.

WAVES is set to magnify India’s creative strength, amplifying its position as a hub for content creation, intellectual property, and technological innovation. Industries and sectors in focus include Broadcasting, Print Media, Television, Radio, Films, Animation, Visual Effects, Gaming, Comics, Sound and Music, Advertising, Digital Media, Social Media Platforms, Generative AI, Augmented Reality (AR), Virtual Reality (VR), and Extended Reality (XR).

Have questions? Find answers here.

Stay updated with the latest announcements from PIB Team WAVES

Register for WAVES now.

* * *

PIB TEAM WAVES 2025 | Nikita/ Darshana | 82

Follow us on social media: @PIBMumbai /PIBMumbai /pibmumbai pibmumbai[at]gmail[dot]com /PIBMumbai /pibmumbai

(Release ID: 2116982) Visitor Counter : 237

MIL OSI Asia Pacific News –

March 31, 2025
MIL-OSI Asia-Pac: COMMEMORATION OF THE WORLD CONSUMER RIGHTS DAY 2025

Source:

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KEYNOTE ADDRESS by the Minister of Commerce Industry and Labour, Honourable Faleomavaega Titimaea Tafua (14th March 2025)

Reverend Misipati Afutiti,

Distinguished guests,

Ladies and Gentlemen,

It is with great pleasure that I extend a warm welcome to all participants representing various organizations, school principals, teachers and students who are gathered here today for the Ministry of Commerce, Industry & Labour (Ministry) Awareness Day.

TALOFA LAVA

Today’s programme marks the commemoration of the World Consumer Rights Day, an important occasion dedicated to celebrating consumer rights and standing in solidarity with the global consumer movement.

The Ministry commemorated the World Consumer Rights Day on March 14th, 2025, in advance of the internationally recognized date of March 15th, which falls on a Saturday. The World Consumer Rights Day is an annual event that provides an opportunity to advocate for the protection and respect of consumer rights while addressing market abuses and social injustices that undermine those rights. The World Consumer Rights Day was inspired by President John F Kennedy, who, on March 15, 1962, delivered a special message to the US Congress that formally acknowledged the importance of consumer rights. The day was first observed by Consumer International (CI) on 15 March 1983 and continues to be commemorated each year on this date, driving action on key issues and campaigns. This year marks the 27th celebration of World Consumer Rights Day in Samoa.

In June 1998, the Samoan Government enacted the Fair Trading Act, aimed at protecting consumer rights and establishing conduct standards for businesses operating in Samoa. This legislation was later refined and strengthened by the Competition and Consumer Act of 2016.

In honour of this special day, the Ministry sets aside the universal theme “A Just Transition to Sustainable Lifestyles” but chooses to proceed raising commitment in engaging consumers and businesses to interact in a solid and competitive trading environment by conducting an outreach program.

The eight fundamental Consumer Rights include:

1. Right to satisfaction of basic needs

2. Right to safety

3. Right to information

4. Right to choose

5. Right to representation

6. Right to redress

7. Right to a healthy environment

8. Right to consumer education

It is our hope that by the conclusion of today’s activities, all attendees will have a comprehensive understanding of their consumer rights and obligations, the Ministry’s services and its integral role within our community. We also eagerly anticipate receiving your valuable feedback to further improve our services.

On that note, I wish you all a successful and enriching day.

I HEREBY DECLARE THIS AWARENESS DAY OFFICIALLY OPENED.

Soifua.

FAAMANATUINA O LE ASO FAAPITOA MO AIA TATAU A TAGATA FAATAU 2025

SAUNOAGA AUTU a le Minisita o le Matagaluega o Pisinisi Alamanuia ma Laipa le afioga Faleomavaega Titimaea Tafua, (14 Mati 2025)

E manatu o lea ua pale i galutu’u seegapapa a le tupu e pei o le fetalaiga i le malae o le Tea Malosi . Ua o tatou fesilafai foi i pu’e o manu ae le o mala i le alofa ma le agalelei o le Tapaau Sili i le Lagi. Ae e’e ia i vaatapu ou paia sausaugatā Samoa auā o paia lava mai le vavau seia o’o i le faavavau.

Lau Susūga i le Ta’ita’i o le sauniga ma le pa’ia maualuga o le valaaulia. Mālo le soifua manuia ma le lagi e mamā. O lea ua māe’a ona asa uta mamao ma uta lalata, ua uma foi ona paniniu pa’ia o le taeao ma le aso e pei ona saunoa i ai le fofoga o le aso. Ae o le a salatonu ia lau o le fō ma vili tonu le ifi a Māina e tusa ai ma le faamoemoe o lenei aso.

O le faamoemoe ua taunuu, o le la’au lea o le soifua. Faafetai tele mo le taliaina o le vala’au atu a le Matagaluega ina ia tatou auai faatasi I lenei faamoemoe.

O lenei faamoemoe ua faapitoa lea mo le faailogaina o le Aso Faapitoa mo le Puipuia o Aia Tatau a Tagata Faatau.

O le aso 15 o Mati i tausaga taitasi e faamanatuina ai i le lalolagi atoa le Aso Faapitoa mo le Faalauiloaina o Aia Tatau a Tagata Faatau o le Lalolagi (World Consumer Rights Day). Talu ai o le aso 15 e pāu i le Aso Toonai, o lea ua faailogaina ai i le asō le aso faapitoa i lenei tausaga.

O lenei Aso Faapitoa sa ulua’i faamamaluina mai le tausaga e 1983 e se tasi o Peresetene ta’uta’ua o le malo o Amerika, o John F Kennedy. O le tausaga e 1998 na amata faamamaluina ai i Samoa lenei aso faapitoa ina ua pasiaina le Tulafono o Fefaatauaiga Talafeagai lea ua suia nei i le Tulafono o Faiga Faatauvaga mo Fefaatauaiga ma le Puipuia o Tagata e Fa’aaogaina Oloa ma Auaunaga 2016. O se tasi o sini autu o lenei Tulafono o le puipuia lea o aia tatau a tagata faatau i le atunuu.

O le luasefulu fitu (27) ai lenei o tausaga talu ona faamamaluina i Samoa lenei aso faapitoa ma ua avea ai lava le aso 15 o Mati o tausaga taitasi ma aso faapitoa mo lenei faamoemoe taua. O se faailoga foi lea o le faatauaina tele o aia tatau a tagata faatau uma.

O ia Aia Tatau e 8 e aofia ai:

1. Aia Tatau i oloa ma auaunaga saogalemu

2. Aia Tatau i faamatalaga o oloa ma auaunaga

3. Aia Tatau e filifili ai i oloa lelei ma auaunaga talafeagai ma lou mana’o

4. Aia Tatau faa-le-tulafono

5. Aia Tatau mo le faamalieina o manaoga masani

6. Aia Tatau e toe faaleleia ai se oloa, toe sui se oloa, poo le toe totogi foi o se oloa poo se auaunaga ua lē talafeagai

7. Aia Tatau i se si’osi’omaga mama

8. Aia Tatau ia A’oa’oina

Ua filifili le Matagaluega e faataatia le Sini Autu Faavaomalo mo lenei Tausaga “O se suiga tonu i se olaga gafataulimaina” ae faatautaia polokalame faalauiloa e saga unaia atili ai le silafia o tagata faatau i a latou matafaioi poo aia tatau.

O se faamanatu taua tele mo tagata faatau, ia fa’aaogaina a latou aia tatau ma le tatau i taimi o fefaatauaiga ma fesoasoani tele ia ausia se si’osi’omaga maloloina ma talafeagai i maketi o fefaatauaiga.

E i ai le manatu maualuga o le a fa’aaogaina lenei avanoa tatou te talatalanoa ai ma fefa’asoa’i i mataupu uma o loo mafai ona tuuina atu ai se fesoasoani, fautuaga ma se auaunaga a lenei Matagaluega. E le gata i lea o ni auaunaga e tatau ona faaleleia atili a le Matagaluega.

Ia manūteleina lenei aso i le alofa o le Atua, ma ou te faamalosi ‘au atu ina ia fa’aaoga lenei avanoa lelei ma le tāua tatou te fefaasoaa’i ai ma fetufaa’i ai. Ia tatala le tofā ma le faautautaga sasa’a i finagalo o le tatou mafutaga ina ia tofu le gogo ma si ana i’a auā lava le sini autu o lenei aso. Ia agalelei mai le Alii ma tulituliloaina pea i tatou i lona alofa tunoa ma lona filemu ma taitaiina atu i tatou uma i le faaiuga o lenei faamoemoe.

UA TATALA ALOAIA LE TATOU FAAMOEMOE I LE ASŌ.

SOIFUA MA IA MANUIA.

Ata Pueina – Malo o Samoa (Taunuuga Toatasi)

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March 31, 2025

MIL OSI Asia Pacific News –

March 31, 2025
MIL-OSI United Kingdom: Fuel margins ‘remain stuck’ at historic highs, CMA says
Source: United Kingdom – Executive Government Non-Ministerial Departments

Press release

Fuel margins ‘remain stuck’ at historic highs, CMA says

Today’s interim monitoring report sets out the Competition and Market Authority’s (CMA) observations on developments in the road fuel retail market since the previous update in November 2024.
Dan Turnbull, Senior Director of Markets at the CMA, said:  

While there are several factors contributing to the higher fuel prices seen in recent months, fuel margins remain stuck at high levels which impacts prices paid by drivers at the pump.

The ‘fuel finder’ scheme set to launch this year should be a game changer for drivers – allowing them to find the cheapest fuel prices while boosting competition between fuel retailers.

Fuel prices

Fuel prices increased for both petrol and diesel from October 2024 to February 2025. These movements reflect in part changing crude oil prices and refining spreads, both of which are driven by global factors.

The average petrol and diesel prices at the end of February were 139.6 and 146.8 pence per litre (ppl) respectively. This represents an increase of 5.2 ppl and 7.1 ppl in petrol and diesel prices than the previous four months.

Fuel margins

A retailer’s fuel margin is the difference between what it pays for fuel and sells it at. In this update, the CMA found that fuel margins were similar to the high levels seen during its road fuel market study – a review of the market to understand the factors influencing fuel prices undertaken between 2022 and 2023.

Supermarket fuel margins decreased from 8.6% in September 2024 to 8.2% in November 2024 before peaking at 8.9% in December 2024. Non-supermarket fuel margins decreased from 10.6% in September 2024 to 9.1% in November 2024 before rising to 9.8% in December 2024.

Fuel margins remain high compared to historic levels, which suggests that overall competition in the road fuel retail market remains weak.

Retail spreads

The CMA also looked at the retail spread – the average price that drivers pay at the pump compared to the benchmarked price that retailers buy fuel at – over October 2024 to February 2025.

Petrol retail spreads in the four months to end-February averaged 13.8ppl, which was 1.1ppl lower than over the previous four-month period – but still more than double the average of 6.5ppl over 2015 to 2019. Diesel retail spreads averaged 13.4ppl, which was 2.9ppl lower than the previous four-month period, but still more than the average of 8.6ppl in 2015 to 2019.

While spread analysis can give a quick overview of trends in the sector, it is a less reliable indicator of competitive intensity than individual retailers’ fuel margins. Retail spreads increase and decrease in response to the volatility of wholesale prices but should return to a normal range over time.

Road fuel market study

At the end of its road fuel market study, the CMA recommended a new monitoring function and fuel finder scheme. The previous government accepted those recommendations and determined the CMA would take on the new statutory monitoring function. The new government has since confirmed its commitment to both these measures.

The fuel monitoring function will provide ongoing scrutiny of prices to encourage effective competition between retailers and help keep prices low for drivers. This update is based on data provided voluntarily by fuel retailers – the next update will include data gathered using our new information gathering powers.

The ‘fuel finder’ scheme will allow drivers to compare real-time fuel prices, via navigation apps, in-car devices and comparison websites. The government’s aim is to launch the scheme by the end of this year, subject to legislation and parliamentary time.

Notes to editors

The CMA has used information requested on a voluntary basis from major fuel retailers, including: Applegreen-Petrogas, Asda, BP, Esso, Euro Garages, Morrisons, Moto Hospitality, Motor Fuel Group, Rontec, Sainsbury’s, Shell, Tesco, and Welcome Break. The next report will use data based on information requests to fuel retailers using the CMA’s new formal powers under the Digital Markets, Competition and Consumers Act 2024.

All enquiries from journalists should be directed to the CMA press office by email on press@cma.gov.uk or by phone on 020 3738 6460.

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Updates to this page

Published 31 March 2025
MIL OSI United Kingdom –
March 31, 2025
MIL-OSI Asia-Pac: Government officials visit Henan Province to attend Ancestor Worship Ceremony of Yellow Emperor

Source: Hong Kong Government special administrative region

The Secretary for Commerce and Economic Development, Mr Algernon Yau; the Secretary for Home and Youth Affairs, Miss Alice Mak; and the Under Secretary for Culture, Sports and Tourism, Mr Raistlin Lau, will depart for Zhengzhou in Henan Province tomorrow (March 30), to attend the Ancestor Worship Ceremony of the Yellow Emperor in the Year of Yisi on behalf of the Hong Kong Special Administrative Region Government.

They will return to Hong Kong on March 31. During the absence of Mr Yau and Miss Mak, the Under Secretary for Commerce and Economic Development, Dr Bernard Chan, and the Under Secretary for Home and Youth Affairs, Mr Clarence Leung, will act as the Secretary for Commerce and Economic Development and the Secretary for Home and Youth Affairs respectively.

MIL OSI Asia Pacific News –

March 31, 2025
MIL-OSI New Zealand: Health and safety reforms allow small business to focus on what matters most

Source: Business Central

Changes to health and safety laws announced today will allow small businesses to focus on the most critical risks, says Business Central CEO Simon Arcus.

“Safety is essential to every workplace, but our current health and safety laws don’t reflect levels of actual risk.

“A retail shop or small office is a very different environment to a construction site, yet our current laws require small business to address their risks in similar ways.

“Small businesses can easily be overwhelmed by the breadth of our health and safety laws, which add unnecessary complexity and cost.

“This change will not only reduce costs to business – it will make low-risk environments safer by focusing on the most critical risks.

“It also frees up the regulator, WorkSafe, to focus on areas where it can have the most impact on reducing harm.

“Today’s announcement is the first in a series of changes designed to reduce red tape for business.

“Reducing compliance for small, low risk businesses is a proportionate, sensible step.”

Business Central is the largest business membership organisation in Central New Zealand, representing more than 3500 businesses across the lower North Island and Nelson and providing a voice to many thousands of stakeholders in business. It is part of the BusinessNZ Network, alongside the EMA, Business Canterbury and Business South.

The organisation supports a number of regional business membership groups – Business Central, Wellington Chamber of Commerce, Porirua Chamber of Commerce and ExportNZ (Central, Hawke’s Bay, and Wellington).

MIL OSI New Zealand News –

March 31, 2025
MIL-OSI New Zealand: Business Canterbury welcomes health and safety changes

Source: Business Canterbury

Business Canterbury welcomes today’s announcement by Workplace Relations and Safety Minister, Hon Brooke van Velden, that will see significant reforms to health and safety legislation, providing much-needed red tape relief for businesses across Canterbury.

Business Canterbury Chief Executive, Leeann Watson says, “The reforms represent the most substantial changes to health and safety since the current legislation was enacted in 2015, with a shift towards focusing on critical risks rather than requiring businesses to address all potential risks regardless of likelihood or severity.”

“The carve-out for small business and a refocus on critical risks are significant steps forward and appropriately use the levers available to government to right-size the rules and enhance health and safety outcomes.

“It has always been a bit of a head scratcher that small, low risk businesses need to operate using the same principles and rules as large industrial businesses. This has led to complexity and confusion that costs time, energy and money for businesses – without necessarily enhancing safety outcomes.

“Many businesses feel like they need to have pages and pages of risks in a register to comply with the law – many of which are then impossible to prioritise, or even remember, amongst management and staff.

“Not all risks have huge consequences on safety and these changes go further in clarifying what is required by businesses. This allows them to really focus their time and energy, and their employees time and energy, on the risks that do have severe consequences.

Another key issue raised during Business Canterbury’s recent session with members and the Minister was the role of WorkSafe as the primary health and safety regulator.

“The overwhelming feedback from our members was that WorkSafe’s advisory role should take precedence over its inspectorate or enforcement functions.

“Businesses want to keep their teams safe and are looking for clear, actionable advice from regulators on what is ‘practicable’.”

We look forward to further engagement with the Government to make these changes in addition to those announced today.

About Business Canterbury

Business Canterbury, formerly Canterbury Employers’ Chamber of Commerce, is the largest business support agency in the South Island and advocates on behalf of its members for an environment more favourable to innovation, productivity and sustainable growth.

MIL OSI New Zealand News –

March 31, 2025
MIL-OSI New Zealand: Business – Health and safety refocused on task at hand – BusinessNZ

Source: BusinessNZ

Health and safety law reforms announced today will make it simpler for small businesses to keep their workplace safe and people healthy, says BusinessNZ.

Chief Executive Katherine Rich says the cost of compliance for small, low-risk businesses often overshadows best intentions.

“Everyone deserves to expect a safe working environment – no matter the workplace. But red tape surrounding compliance and prohibitive costs have taken away from the task at hand – that is making sure people come home from work in one piece.

“Small businesses are unsure which risks to focus on and often struggle with costs of compliance. The Government’s call to limit health and safety requirements in small, low-risk businesses is a sensible approach.”

“Beyond small businesses, several more changes are on the horizon which should reduce resource-consuming paperwork and ‘tick-box’ exercises which have little to no direct impact on wellbeing at work.

“BusinessNZ supports the war on red tape and encourages businesses to speak up on matters in all areas of work that add unnecessary strain and make it harder to simply do business.”

The BusinessNZ Network including BusinessNZ, EMA, Business Central, Business Canterbury and Business South, represents and provides services to thousands of businesses, small and large, throughout New Zealand.

MIL OSI New Zealand News –

March 31, 2025
MIL-OSI New Zealand: Tech – Samsung To Launch Bespoke AI Jet Ultra, The Most Powerful Cordless Stick Vacuum Cleaner in the World

Source: Samsung

Ground-breaking new vacuum cleaner unveiled at Samsung’s annual global launch event is now ready to expand to the global market

AUCKLAND, New Zealand – March 31, 2025 – Samsung Electronics Co., Ltd. today announced the global rollout of the Bespoke AI Jet Ultra, the world’s most powerful cordless stick vacuum cleaner, which was unveiled at the Welcome to Bespoke AI global event held this month. Featuring the upgraded AI Cleaning Mode 2.0 and advanced HEPA filtration system, this latest innovation builds on Samsung’s leadership in smart home cleaning appliances.

“Samsung has proven its next level innovation in the cordless stick vacuum cleaner segment by launching the most powerful model in the world,” said Jeong Seung Moon, EVP and Head of the R&D Team for Digital Appliances Business at Samsung Electronics. “Building on the previous achievement of the Bespoke Jet AI, which was the world’s first UL verified AI-powered cordless stick vacuum cleaner, we’re confident that this new model will be a true game changer in the global market.”

Clean Thoroughly With Our Most Powerful Suction Power

The Bespoke AI Jet Ultra boasts suction power of up to 400W to tackle even the toughest cleaning tasks. The HexaJet Motor is the key component that generates high suction power. Its unique Hexagon stator structure with a second-stage diffuser and an impeller with the reduced thickness improve airflow and increase motor efficiency, thus enabling up to 400W of suction power. Plus, the motor allows the vacuum cleaner to run for up to 100 minutes on one battery when using Min mode, so users can clean their whole house in one go.

Intelligent Cleaning Support Through AI Cleaning Mode 2.0

The Bespoke AI Jet Ultra also introduces the upgraded AI Cleaning Mode 2.0. By sensing the brush load and vacuuming air pressure, this mode can classify a total of six different cleaning environments using Samsung’s AI Optimum Tech and automatically adjust the cleaning performance. When using the Active Dual Brush, it can recognise whether a carpet is normal or long-pile. The vacuum cleaner senses corners with the Slim LED Brush+, as well. And by adjusting the suction power and brush speed for the different cleaning environments, it uses power more efficiently, reducing battery power use by 21% and increasing manoeuvrability by 8% with performance akin to Mid mode.

Advanced HEPA Filtration System

Complementing this powerful and intelligent experience, Samsung has enhanced the filtration system to ensure dust particles are captured when air is expelled from the vacuum cleaner. The Bespoke AI Jet Ultra features a Multi-layered Filtration system that effectively traps fine dust. When air comes in, internal compartments like the cyclone and a metal mesh grille filter catch dust particles in succession. As a result, it achieves a filtration efficiency of 99.999%.

Another distinctive benefit is that Samsung has implemented HEPA filtration into its Multi-layered Filtration system. With this system, the Bespoke AI Jet Ultra captures dust particles as small as 0.3µm, allowing less dust to escape into the air.

About Samsung Electronics Co., Ltd.

Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, home appliances, network systems, and memory, system LSI, foundry and LED solutions, and delivering a seamless connected experience through its SmartThings ecosystem and open collaboration with partners. For the latest news, please visit the Samsung Newsroom at news.samsung.com.

MIL OSI New Zealand News –

March 31, 2025
MIL-OSI China: Foreign auto brands seize growth opportunities in China

Source: China State Council Information Office

An increasing number of foreign-funded enterprises are seizing development opportunities in China’s new energy vehicle (NEV) sector by boosting investment, expanding their market presence, and advancing projects, research and cooperation.

The global automotive industry’s shift from internal combustion vehicles to NEVs has opened new opportunities for both China and Germany, said Helmut Stettner, CEO of Audi FAW NEV Co., Ltd.

“We see that the switch to electric mobility is accelerating in China, especially in the premium market. Despite some challenges, it continues to offer significant growth potential for Audi. We want to and will participate in this development,” he added.

In March, German carmaker BMW partnered with Chinese tech giant Huawei to develop an in-car digital ecosystem specifically tailored for the Chinese market. Tesla’s Megafactory in east China’s Shanghai, the first of its kind built by Tesla outside the United States, also exported its first batch of Megapack energy-storage batteries this month.

“China’s NEV market holds immense potential, continuously improving business environment and complete, efficient industrial and supply chains, which are the key factors driving foreign auto companies to invest and deepen their presence in the Chinese market,” said Gao Yuning, deputy dean of School of Public Policy and Management, Tsinghua University.

In 2024, China’s production and sales of NEVs both exceeded 12 million units, solidifying the country’s leading position in the global market. China has established a comprehensive industrial chain, supplying 70 percent of the world’s battery materials and 60 percent of power batteries.

In recent years, the Chinese government has created a favorable development environment for the NEV market through policies and measures such as purchase subsidies, extensive charging infrastructure, and the construction of intelligent connected vehicle demonstration zones.

Data from the Ministry of Commerce showed that over 60 percent of vehicles purchased under the automobile replacement and renewal subsidy policy in 2024 were NEVs. As of Dec. 19, 2024, foreign brands accounted for more than 35 percent of the vehicles purchased through the policy.

The open-mindedness of Chinese consumers toward new technologies and innovation, coupled with their focus on intelligent networking technology, has created new avenues for reform and business opportunities for foreign car companies.

According to a Tesla salesperson in Changchun, northeast China’s Jilin Province, in the past, customers paid more attention to cruising range and cost performance, but now they look at the intelligent configuration of vehicles, such as smart cockpits and automatic parking.

An increasing number of foreign car companies in China believe that developing new models tailored to the Chinese market is key to their future success. They are focusing on integrating smart driving, car networking and green solutions that align with the preferences and habits of Chinese consumers to achieve market breakthroughs.

Among them, Volkswagen Group signed a strategic cooperation agreement with China’s First Automobile Works (FAW) in March to introduce 11 new models specifically tailored for the Chinese market, starting in 2026.

“Our enduring partnership with FAW is a strong pillar of our success in China. Aligned with our ‘In China, for China’ strategy, we are further advancing FAW-VW’s product portfolio covering all powertrains, with a strong focus on NEVs, to meet evolving customer needs,” said Ralf Brandstaetter, chairman and CEO of Volkswagen Group China.

The steady development of the Chinese economy and China’s continuous high-level opening-up are the biggest sources of confidence for foreign investment to boost their presence in China, Gao Yuning said.

MIL OSI China News –

March 31, 2025
MIL-OSI New Zealand: Business – Appointment of Chair-elect for Mainland Group – Fonterra

Source: Fonterra Co-operative Group

Fonterra Co-operative Group Ltd today announces the appointment of Elizabeth (Liz) Coutts ONZM as Chair-elect of Mainland Group, the proposed divestment entity of Fonterra’s global Consumer business.

An internationally recognised director and executive, Liz is currently Chair of ASX and NZX-listed companies EBOS Group Ltd (ASX/NZX:EBO) and Oceania Healthcare Limited (ASX/NZX:OCA), as well as private telecommunications company 2degrees Group Limited.

In the event of an initial public offering (IPO) for Mainland Group, Liz would be the Non-Executive Chair of the Board, presiding over the go-forward growth strategy.

Fonterra Chair Peter McBride says the Co-op is pleased to have appointed Liz to head the Mainland Group Board.

“Liz has a proven track record of over 20 years as a Board Director, Audit Committee Chair and Board Chair across sectors. She brings extensive governance experience from both large private and public companies, and her leadership will be invaluable should we pursue a public listing for Mainland Group,” says Mr McBride.

This appointment follows Fonterra’s announcement in February of the selection of René Dedoncker as CEO-elect and Paul Victor as CFO-elect of Mainland Group.

Fonterra continues to pursue both a trade sale and IPO as potential divestment options for its global Consumer and associated businesses.

Over the coming weeks, it will be assessing non-binding indicative offers from potential purchasers and has recently completed meetings with prospective investors as part of the IPO process.

“This divestment is firmly grounded in an understanding of how Fonterra best creates value for farmers and New Zealand, both today and for generations to come.”

“We are thoroughly testing which divestment option will return the best value to farmer shareholders, while providing an ownership structure that allows our Consumer brands to continue to grow. A divestment remains subject to approval from Fonterra’s farmer shareholders and we will be putting our chosen option to them for a vote in due course,” says Mr McBride.

Fonterra continues to target a significant capital return to be made to farmer shareholders and unit holders following the divestment.

About Fonterra  

Fonterra is a co-operative owned and supplied by thousands of farming families across Aotearoa New Zealand. Through the spirit of co-operation and a can-do attitude, Fonterra’s farmers and employees share the goodness of our milk through innovative consumer,foodservice and ingredients brands. Sustainability is at the heart of everything we do, and we’re committed to leaving things in a better way than we found them. We are passionate about supporting our communities by Doing Good Together.  

MIL OSI New Zealand News –

March 31, 2025
MIL-OSI Australia: Advice under development – income tax issues

Source:

[3957] Taxation privileges and immunities of international organisations and persons connected with them

Title

Final Taxation Ruling

Income tax: income of international organisations and persons connected with them that is exempt from income tax

Purpose

The final Ruling will update the ATO view in Taxation Ruling TR 92/14 Income tax: taxation privileges and immunities of prescribed International Organisations and their staff (now withdrawn) following the High Court decisions in Macoun v Commissioner of Taxation [2015] HCA 44 and Commissioner of Taxation v Jayasinghe [2017] HCA 26.

Expected completion

To be advised

Comments

Draft Taxation Ruling TR 2019/D1 Income tax: income of international organisations and persons connected with them that is exempt from income tax published on 27 March 2019. Comments period closed 28 May 2019.

Draft Taxation Ruling TR 2024/D2 Income tax: exempt income of international organisations and persons connected with them published on 22 May 2024, replacing TR 2019/D1. Comments period closed 21 June 2024.

Contact

Simon Weiss, Office of the Chief Tax Counsel

Phone: (02) 6216 1943

Simon.Weiss@ato.gov.au

[4056] Decline in value of a depreciating asset

Title

Decision impact statement on Commissioner of Taxation v Shell Energy Holdings Australia Limited [2022] FCAFC 2

Purpose

The Decision impact statement provides the ATO’s response to the Full Federal Court decision, which concerned whether the amount of the deduction available under section 40-25 of the Income Tax Assessment Act 1997 for the decline in value of a depreciating asset was the cost of that asset by virtue of the operation of section 40-80 of that Act.

Comments

The Decision impact statement on Commissioner of Taxation v Shell Energy Holdings Australia Limited [2022] FCAFC 2 published on 31 January 2023. Comments period closed on 3 March 2023.

Contact

Nitin Gulati, Office of the Chief Tax Counsel

Phone: (02) 9285 1661

Nitin.Gulati@ato.gov.au

[4115] Personal services business and Part IVA

Title

Final Practical Compliance Guideline

Personal services businesses and Part IVA of the Income Tax Assessment Act 1936

Purpose

This Guideline explains when we are more likely to apply resources to consider the potential application of Part IVA of the Income Tax Assessment Act 1936 (the general anti-avoidance provisions of the income tax law) to an alienation arrangement where personal services income of an individual is derived through a personal services entity that is conducting a personal services business.

Expected completion

To be advised

Comments

Draft Practical Compliance Guideline PCG 2024/D2 Personal services businesses and Part IVA of the Income Tax Assessment Act 1936 published on 28 August 2024. Comments period closed on 11 October 2024.

Contact

Sally Cummins, Small Business

Phone: (07) 3213 3299

SBPAGConsultation@ato.gov.au

[4145] Application of section 109U to arrangements involving guarantees

Title

Final Taxation Determination

Income tax: Division 7A – does section 109U of the Income Tax Assessment Act 1936 only apply to arrangements where a private company gives a guarantee to another private company?

Purpose

This Determination sets out the ATO view on whether section 109U of the Income Tax Assessment Act 1936 can apply to arrangements in which a private company gives a guarantee to an entity that is not a private company (for example, a public company financial institution).

The Determination also references the ATO’s compliance approach to the application of section 109U.

Expected completion

To be advised

Comments

Draft Taxation Determination TR 2024/D3 Income tax: Division 7A – does section 109U of the Income Tax Assessment Act 1936 only apply to arrangements where a private company gives a guarantee to another private company? published on 11 December 2024. Comments period closed 31 January 2025.

Contact

Anthony Pulvirenti, Private Wealth

Phone: (07) 3213 8538

anthony.pulvirenti@ato.gov.au

[4165] Disregarding private company loan repayments

Title

Final Taxation Determination

Income tax: disregarding certain payments under section 109R of the Income Tax Assessment Act 1936 in determining how much of a loan has been repaid in situations where notional loans are involved

Purpose

This final Determination will set out the ATO’s view about the interaction of sections 109R and 109T of the Income Tax Assessment Act 1936, including whether section 109R of that Act can operate to disregard loan repayments in cases where there is a notional deemed loan because of sections 109T and 109W.

Expected completion

To be advised

Comments

Draft Taxation Determination TD 2025/D2 Income tax: disregarding certain payments under section 109R of the Income Tax Assessment Act 1936 in determining how much of a loan has been repaid in situations where notional loans are involved published on 5 March 2025. Comments period closes 17 April 2025.

Contact

Pri Wijesooriya, Private Wealth

Phone: (03) 9285 1262

Priyangi.Wijesooriya@ato.gov.au

[4169] Part IVA held not to apply to a scheme involving use of intra-group debt to acquire an Australian subsidiary productive of tax benefits in Australia

Title

Decision impact statement on Mylan Australia Holding Pty Ltd v Commissioner of Taxation (No 2) [2024] FCA 253

Purpose

This Decision impact statement outlines the ATO’s response to this case. The court concluded that the general anti-avoidance provision in Part IVA of the Income Tax Assessment Act 1936 did not apply to a scheme under which the applicant claimed deductions in Australia for interest and carry forward losses incurred from intra-group debt taken on to acquire an Australian subsidiary as part of the acquisition of a pharmaceutical business.

Comments

The Decision impact statement on Mylan Australia Holding Pty Ltd v Commissioner of Taxation (No 2) [2024] FCA 253 was published on 28 February 2025. The comments period closed on 28 March 2025.

Contact

Simon Weiss, Office of the Chief Tax Counsel

Phone: (02) 6216 1943

Simon.Weiss@ato.gov.au

[4194] Capital raised for the purpose of funding franked distributions

Title

Final Practical Compliance Guideline

Capital raised for the purpose of funding franked distributions – ATO compliance approach

Purpose

This Guideline sets out the ATO’s compliance approach to the assessment of the level of risk that a distribution is unfrankable under section 207-159 of the Income Tax Assessment Act 1997.

Expected completion

To be advised

Comments

Draft Practical Compliance Guideline PCG 2024/D4 Capital raised for the purpose of funding franked distributions – ATO compliance approach published on 4 December 2024. Comments period closed on 31 January 2025.

Contact

Virginia Gogan, Public Groups

Phone: (03) 8632 4643

Virginia.Gogan@ato.gov.au

[4201] Early stage innovation company schemes and Part IVA

Title

Final Taxation Determination

Income tax: application of Part IVA of the Income Tax Assessment Act 1936 to certain early stage innovation company investment arrangements

Purpose

This final Determination will provide the Commissioner’s view on whether Part IVA of the Income Tax Assessment Act 1936 applies to early stage innovation company (ESIC) schemes as described in Taxpayer Alert TA 2024/1 Early stage investor tax offset claimed using circular financing arrangements.

Expected completion

To be advised

Comments

The ATO is currently looking at arrangements designed to inappropriately access the ESIC incentives and other tax benefits.

Draft Taxation Determination TD 2025/D1 Income tax: application of Part IVA of the Income Tax Assessment Act 1936 to certain early stage innovation company investment arrangements published on 28 February 2025. Comments period closed 28 March 2025.

Contact

Kevin Hu, Office of the Chief Tax Counsel

Phone (03) 9247 0703

Kevin.Hu@ato.gov.au

MIL OSI News –

March 31, 2025
MIL-OSI Australia: Advice under development – superannuation issues
Source:

[4166] Advice fees paid by superannuation funds

Title

Final Practical Compliance Guideline

Fees for personal financial advice paid from member accounts by superannuation funds – apportioning the deduction and pay as you go withholding obligations

Purpose

This Guideline sets out a methodology that superannuation funds (other than self-managed superannuation funds (SMSFs)) can use to determine the extent to which payments of financial advice fees satisfy paragraph (d) of table item 5 of subsection 295-490(1) of the Income Tax Assessment Act 1997.

It also outlines our compliance approach in relation to a superannuation fund’s obligation to withhold from payments for personal financial advice fees in the income years prior to 1 July 2019, including SMSFs.

Expected completion

To be advised

Comments

Draft Practical Compliance Guideline PCG 2025/D1 Fees for personal financial advice paid from member accounts by superannuation funds – apportioning the deduction and pay as you go withholding obligations published on 15 January 2025. Comments period closed on 14 February 2025.

Contact

Jay Gao, Public Groups

Phone: (02) 9374 5168

Jay.Gao@ato.gov.au

For more information, see Consultation matter [202421].

[4182] Expenditure incurred under a non-arm’s length arrangement and superannuation contributions [updated]

Title

Addendum to Law Companion Ruling

Law Companion Ruling LCR 2021/2 Non-arm’s length income – expenditure incurred under a non-arm’s length arrangement

Purpose

LCR 2021/2 is being updated to include the Commissioner’s view as to how the amendments in explanations of the Treasury Laws Amendment (Support for Small Business and Charities and Other Measures) Act 2024 apply in respect of the non-arm’s length expenditure and non-arm’s length component provisions.

Expected completion

Mid 2025Comments

Draft update LCR 2021/2DC1 published on 27 November 2024. Comments period closed on 24 January 2025. We are currently reviewing submissions.

Contact

Bonita Tsang, SEO

PAGSPR@ato.gov.au

Title

Addendum to Taxation Ruling

Taxation Ruling TR 2010/1DC Income tax: superannuation contributions

Purpose

TR 2010/1DC is being updated to include the Commissioner’s view about the amendments in explanations of the Treasury Laws Amendment (Support for Small Business and Charities and Other Measures) Act 2024. In addition to updates for the non-arm’s length expenditure amendments, TR 2010/1DC (which was previously issued for consultation on 28 July 2021) will also be updated with regard to issues such as in specie contributions, the maximum earnings test and the deductibility of contributions.

Expected completion

Mid 2025Comments

The draft update to TR 2010/1DC2 published on 27 November 2024. Comments period closed on 24 January 2025.

TR 2010/1DC was withdrawn on 27 November 2024.

Contact

Bonita Tsang, SEO

PAGSPR@ato.gov.au

[4200] Administration of penalties that apply where employers or superannuation funds fail to comply with event-based reporting obligations [updated]
Title

Draft Law Administration Practice Statement

Administration of penalties that apply to employers who fail to comply with their Single Touch Payroll (STP) reporting obligations

Purpose

Event-based reporting regimes were introduced in 2018 for employers (STP) and for superannuation funds (member account transactions and attributes). The information reported through these reporting regimes has a range of applications across the tax and super systems, and their effectiveness can be reduced as a result of:
- incorrect and incomplete reporting
- reporting in an incorrect format (such as reporting in the original STP format rather than the STP Phase 2 format used since 2022)
- failure to report at all.
There is a need to provide guidance for ATO staff on the administration of penalties that may apply to employers or superannuation funds that fail to meet their reporting obligations.

Expected completion

April 2025

Contact
PAGSPR@ato.gov.au

Title

Draft Law Administration Practice Statement

Administration of the false and misleading statement penalties on superannuation funds that do not report superannuation contribution information to the Commissioner accurately

Purpose

Event-based reporting regimes were introduced in 2018 for employers (STP) and for superannuation funds (member account transactions and attributes). The information reported through these reporting regimes has a range of applications across the tax and super systems, and their effectiveness can be reduced as a result of:
- incorrect and incomplete reporting
- reporting in an incorrect format (such as reporting in the original STP format rather than the STP Phase 2 format used since 2022)
- failure to report at all.
There is a need to provide guidance for ATO staff on the administration of penalties that may apply to employers or superannuation funds that fail to meet their reporting obligations.

Expected completion

April 2025

Contact

PAGSPR@ato.gov.au

MIL OSI News –
March 31, 2025
MIL-OSI China: China, Japan, ROK economic, trade ministers pledge to deepen trilateral cooperation

Source: China State Council Information Office

China is committed to high-quality development and expanding high-level openness, vowing to share opportunities with all nations, including the Republic of Korea (ROK) and Japan, said Chinese Commerce Minister Wang Wentao on Sunday.

Amid the downward pressure on the global economy, China, Japan and ROK, as major regional and global economies, have to make joint efforts to safeguard free trade and multilateral trading system, oppose unilateralism and protectionism, and advance regional economic integration, said Wang at the 13th China-Japan-ROK Trilateral Economic and Trade Ministers’ Meeting held in Seoul on Sunday.

The trilateral meeting, focused on topics such as strengthening trade and investment collaboration and advancing regional and multilateral cooperation, was co-chaired by Wang Wentao, ROK’s Minister of Trade, Industry and Energy Ahn Duk-geun, and Japanese Minister of Economy, Trade and Industry Yoji Muto.

At the meeting, the economic and trade departments of the three countries agreed to discuss accelerating negotiations on the trilateral free trade agreement, strengthen supply chain cooperation and dialogue on export control, deepen collaboration in digital and green economies, enhance local cooperation, and jointly foster a favorable environment for business collaboration.

MIL OSI China News –

March 31, 2025
MIL-OSI China: Foreign business leaders reaffirm China as oasis of certainty

Source: China State Council Information Office

Participants attend the China Development Forum 2025 in Beijing, capital of China, March 23, 2025. [Photo/Xinhua]

In a world haunted by growing protectionism, China has continuously expanded opening up, injecting stability into the global economy, and has become an oasis of certainty and a hot spot for investment and entrepreneurship.

This is the belief shared by more than 40 representatives of the international business community who met in Beijing on Friday with Chinese President Xi Jinping.

From the China Development Forum 2025 in Beijing to the Boao Forum for Asia Annual Conference 2025 in south China’s Hainan Province, foreign executives have reaffirmed their commitment to China as a key market for investment and collaboration. They noted China’s complete industrial system, rich application scenarios, vast market scale and large talent pool, which combine to offer extensive collaboration opportunities for international industrial and technological innovation.

Investing in China, investing in future

China’s reform and opening up continue to draw global attention. Riding the wave created by China’s high-level opening-up endeavors, foreign companies are leveraging the advantages of the world’s second-largest economy and participating in its innovation pursuit, aiming at win-win cooperation.

“We have been very proud to play a role in China’s development, enabling and connecting China to the world,” said Sean Stein, president of the U.S.-China Business Council, adding that China has grown into the world’s second-largest consumer market, presenting vast opportunities for multinational operators to invest and expand their businesses.

Foreign business operations and investments in China have driven economic growth and employment, boosted technological and managerial progress, and facilitated reform and opening up. In this process, foreign businesses have thrived and generally enjoyed handsome returns, achieved win-win results, and forged profound friendship with the Chinese people.

In 2024, a total of 59,080 new foreign-invested enterprises were established in China, up 9.9 percent year on year. Over the past five years, the return rate of foreign direct investment in the country has remained at approximately 9 percent, ranking among the highest in the world.

“We invest in infrastructure that supports domestic consumption. A prosperous Chinese consumer is good for our business,” said Hamid R. Moghadam, chairman and CEO of Prologis.

“We are more than 30 years now in China, and we have several production hubs. For us, it’s a very large market. China also is a very attractive market with a lot of opportunities today, in the past, but also in the future — and that’s why we’re here,” said Christian Hartel, president & CEO of Wacker Chemie AG.

“So we keep investing, and we have very great people here on the ground in China, who are very innovative. We develop and produce products for the Chinese market, and also feel very positive for the outlook in the future,” he added.

Merchants visit the “Invest in China” area of the 24th China International Fair for Investment and Trade in Xiamen, southeast China’s Fujian Province, Sept. 8, 2024. [Photo/Xinhua]

All eyes on new quality productive forces

Foreign investment plays a significant role in fostering new quality productive forces, and China supports the participation of foreign enterprises in its new industrialization, with a focus on high-tech fields, according to an action plan to stabilize foreign investment in 2025, which was approved by a State Council executive meeting in February.

The nation’s emphasis on innovation as a driver for high-quality growth resonated strongly with the foreign business representatives.

They said that from “Made in China” to “new quality productive forces,” China has empowered industrial transformation and upgrading through innovation, and is set to realize higher-quality and more sustainable development. These foreign business representatives have reached the consensus that the outlook of the Chinese economy is strong.

“Today there are multiple signs of investment on optimism,” said Jean-Pascal Tricoire, chairman of Schneider Electric, adding that China’s promotion of green development aligns with Schneider’s goal of pursuing sustainability, instilling confidence in enterprises to advance investment, research and development in China.

This photo taken on Nov. 9, 2024 shows the booth of Schneider Electric during the 7th China International Import Expo in east China’s Shanghai. [Photo/Xinhua]

“We remain committed to the country, not only as a market, but as a strategic hub for innovation, investment and collaboration,” said Geoff Martha, chairman and CEO of Medtronic. He emphasized the company’s commitment to innovation collaboration in China and expressed the hope of jointly promoting the innovative development of global healthcare via continued investments in China.

Beijing Benz, the joint venture between Beijing Automotive Group Co., Ltd. and Mercedes-Benz, in March 2024 marked the milestone of producing its 5 millionth vehicle. Later, in September 2024, Mercedes-Benz and its Chinese partners announced an additional 14 billion yuan (about 1.92 billion U.S. dollars) investment to expand their product offerings in the region.

Ola Kallenius, chairman of the board of management of Mercedes-Benz Group AG, also praised China’s innovation-driven market. “China’s competitive advantage lies in its passion for innovation,” he said. “That is why Mercedes-Benz continues to deepen its presence in China.”

A Mercedes-Benz G-Class electric off-road vehicle is pictured during an unveiling ceremony at the 2024 Beijing International Automotive Exhibition in Beijing, capital of China, April 25, 2024. [Photo/Xinhua]

Open collaboration for shared future

Against the backdrop of rising unilateralism and protectionism in the world economy, China has vowed to expand high-standard opening up, while keeping foreign trade and foreign investment stable.

China is an oasis of certainty, according to Aramco President and CEO Amin H. Nasser. “What we see today in the global environment is uncertainty. We are seeing unpredictability, and we need China’s stability, certainty and predictability that we are seeing,” Nasser explained.

“I think for us exactly in these times of uncertainties, having the commitment from President Xi and from the Chinese government in general to show consistency in their approach, to continue with their focus on multilateralism, on providing a level playing field, and on opening up… these are very powerful messages of stability in a world that really needs stability at this time,” said Vincent Clerc, CEO of A.P. Moller-Maersk.

“We have been in China for a little bit more than 60 years, and we are now planning for our next 60 years, for Inter IKEA here in China. We are very confident in China, and in how China and IKEA can grow together,” said Jon Abrahamsson Ring, CEO of Inter IKEA Group.

MIL OSI China News –

March 31, 2025
MIL-OSI Australia: ICON grant helps launch fashion website
Source: Northern Territory Police and Fire Services

Teresa Wojcik has created an Australian-first website, Your Season.
An ICON grant from the Canberra Innovation Network (CBRIN) helped Teresa Wojcik create an Australian-first website.

The point of difference for her fashion site, Your Season, is its organisation by seasonal colour palettes.

After having her colours done professionally, Teresa quickly identified a huge gap in the market.

“Shopping by colour palette wasn’t accessible in real life,” she said.

“The majority of stores were off limits because clothes weren’t in my colours.

“I’d go online but would spend hours and have hundreds of tabs open trying to find clothes I liked, and were in my palette,” Teresa said.

Her partner told her about CBRIN’s Innovation Connect (ICON) grants, and that’s when Teresa’s idea for Your Season came to life.

ICON grants are currently open and close 16 April 2024.

CBRIN receives funding from the ACT Government to support entrepreneurs, innovators and start-ups – like Your Season – in Canberra.

It offers business support, programs, grants and access to networks of other entrepreneurs.

“I got matched funding from the ICON grant for $30,000. It helped me build the Your Season website and work on the complex algorithm that feeds it.”

Teresa has already secured birdsnest.com.au, petalandpup.com.au, stfrock.com.au and Amazon Australia to list their clothes on her site.

She has ASOS and The Iconic in her sights for 2024. She’s also working on improving website functionality and getting other well-known brands on board.

“And there will always be work to do on the algorithm, it’s extremely complex and I want it to be the best it can be, even if my eyes are bleeding colours,” she said.

When asked what advice she had for anyone wanting to start a business in Canberra, she gave three tips:
1. Lean into it – Go with your idea and seek out support, it’s there. The Canberra business community is very generous and you don’t have to do it by yourself.
2. Understand things take longer than you expect – There can be pressure on you to go fast, to be first to market, but use the resources and support there are in Canberra to get you going.
3. It’ll cost more than you expect – I’m not paying myself so I can build what I believe is a good product. But in the 10 years of working as a musician, I’ve received about $10,000 in funding, in one year in business I’ve received $75,000 in total. Look for funding to support your dreams.
Previous ICON grant recipients include Future Swirl and Aurabox.

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.

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MIL OSI News –
March 31, 2025
MIL-OSI Australia: Changes to tipping off offence in effect from today

Source: Australian Department of Communications

Businesses and individuals bound by the tipping off offence must now consider whether a disclosure could be expected to prejudice an investigation, under changes to the AML/CTF laws that came into force today.
The changes to the offence, which carries a maximum penalty of around $39,000 or up to 2 years in prison, are now focussed on the harms that could flow from a disclosure.
AUSTRAC CEO, Mr Brendan Thomas, said the change is part of AML/CTF reforms passed late last year to expand and simplify the legislation.

MIL OSI News –

March 31, 2025
MIL-OSI New Zealand: Economy – RBNZ outlines work to support competition
Source: Reserve Bank of New Zealand

31 March 2025 – Today the Reserve Bank of New Zealand, Te Pūtea Matua appeared before the Finance and Expenditure Committee (FEC) for their banking inquiry and discussed the wide range of initiatives underway to support and improve competition in the banking sector.

Chair Neil Quigley, Acting Governor Christian Hawkesby, Director Prudential Policy Jess Rowe, and Financial Stability Adviser Charles Lilly appeared before the committee.

The RBNZ’s statutory purpose is to promote prosperity and wellbeing for all New Zealanders. This is achieved through its three core objectives: price stability, financial stability and central banking, which includes managing monetary policy, overseeing payment systems and ensuring access to cash. Competition is important across all these objectives.

“We have never had more focus on competition across our functions, including addressing the recommendations of the Commerce Commission’s market study,” Mr Hawkesby said.

Key initiatives likely to support competition include developing proportionate prudential standards, launching the depositor compensation scheme, expanding access to the payments system, investigating a digital currency and working with CoFR partners on system-wide issues such as a payments vision for New Zealand.

“Advancing competition and innovation in the financial sector is a team effort across government agencies, regulators and the industry itself,” Mr Hawkesby said.

The RBNZ’s submission to the FEC outlines that the greatest gains to be made are through advancing open banking, customer data rights, digital identity, and the retail payments infrastructure to deliver an eco-system where competition can flourish.

“Through our consultation on the new Deposit Takers Act and submissions to the FEC, we have heard the claims that our bank capital regime is unreasonably conservative, and that it is undermining competition and growth in the New Zealand economy. We think that some of those claims are incorrect, but most of the claims can be tested empirically and we consider that it is important that we respond by undertaking this assessment,” Professor Quigley said.

“The Reserve Bank Board has agreed to an evidence-based review of key aspects of our deposit takers capital settings, utilising international experts and assessing it against the regimes in other countries,” Professor Quigley said.

The full opening statements from Mr Hawkesby and Professor Quigley can be read below.

What is capital?
Capital is the buffer that allows a bank to absorb losses while still being able to pay its depositors and other creditors in full

What will the review cover?
The Reserve Bank intends to conduct a reassessment of key capital settings. We intend to engage independent international experts to support this process.
The review will build on work currently underway to review more granular risk weights for residential mortgages and corporate (including rural) lending, community housing and whenua Māori lending, as well as development of a new crisis management framework. The review will expand the work programme to include consideration of additional evidence and the calibration of other foundational aspects of the regime including:
- Reviewing submissions or statements made at the FEC banking enquiry regarding our prudential capital framework
- An assessment of how our capital settings compare internationally
- A reassessment of the appropriate risk appetite for capital settings in New Zealand
- Reviewing the degree of proportionality in the framework and considering changes
- Considering the balance between going concern and gone concern capital and the role of ‘Additional Tier 1’ capital.
What does this mean for the planned increase in capital requirements on 1 July?
- Following a review over 2017-2019, the Reserve Bank announced higher capital requirements, a long transition period to 2028. For Domestic Systemically Important Banks (D-SIBs), total requirements are scheduled to go from 10.5% to 18%. Current requirements are 13.5%.
- Requirements for smaller banks are scheduled to go from 10.5% to 16%, and current requirements are 11.5%.
- There is a scheduled increase in capital requirements on 1 July 2025 of a 1% of risk weighted assets increase in the Prudential Capital Buffer (PCB) for all banks.
- Banks are well advanced in their plans to meet the new requirements. On average, banks’ total capital levels are currently above 16%.
- Accordingly, we intend to proceed with the 1 July increase, taking total requirements for D-SIBs to 14.5% and other banks to 12.5%.
- The review will be conducted promptly to allow for any changes to be well signalled ahead of next year’s scheduled increase and to minimise the impact on the implementation of the Deposit Takers Act.
More information

Opening remarks to Finance and Expenditure Committee : https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=af07ace568&e=f3c68946f8

MIL OSI New Zealand News –
March 31, 2025
MIL-OSI Australia: Report a breach of Australian foreign investment rules
Source:

When to report a breach

You can confidentially report a breach of the foreign investment rules. This includes whether you suspect or know of a breach.

If you have breached your foreign investment obligations, contact us as soon as you can. We will prioritise your issue and help you to comply with the rules.

Who can report a breach

We welcome information from anyone in the community with concerns about suspected illegal activities by a foreign person owning Australian residential property. Your information will help us safeguard Australia’s national interest, businesses and economy.

If you are a foreign person, you should also tell us if you think you have broken the foreign investment rules. If you let us know as soon as possible, the penalty may be lower than if we detect your breach.

What types of breaches you can report

Some examples of breaches you can report to us include:

Purchasing and financing properties

A foreign person may have broken the rules by:
- purchasing an established dwelling as a foreign non-resident. For more information, see Guidance Note 6 – Residential Land on the Foreign investment websiteExternal Link
- failing to register their property on the Register of foreign ownership of Australian assets (the Register)
- providing money to purchase an Australian property but hiding the true owner by not registering the property title in the name of the foreign person.
Failing to register
A foreign person may have broken the rules if they do not:
- register their investment on the Register within the prescribed timeframe
- update the details of the asset if their situation changes.
Purchasing established dwellings
For purchases before 1 April 2025, a foreign person may have broken the rules if they do any of the following:
- purchase an established dwelling but do not live in it while they are in Australia
- rent out or demolish the established dwelling acquired as their principal place of residence
- purchase an established dwelling but do not sell the property within 6 months of their temporary residency visa expiring
- purchase an established dwelling for redevelopment but rent it out instead of redeveloping it to increase the number of dwellings
- purchase more than one established dwelling as a temporary resident
- purchase an established dwelling but don’t redevelop it within 4 years
- demolish an established dwelling but do not replace it with 2 or more dwellings
- do not sell an established dwelling previously used for staff accommodation and leave it vacant for 6 months or more.
From 1 April 2025 to 31 March 2027, foreign persons are banned from purchasing established dwellings in Australia (limited exceptions apply). This includes temporary residents purchasing an established dwelling for use as a principal place of residence.

A foreign person may have broken the rules if they purchase an established dwelling after 1 April 2025 unless they are exempt or one of the limited exceptions apply.
Purchasing vacant land

A foreign person may have broken the rules if they purchase vacant land but don’t develop it by constructing one or more dwellings on the property within 4 years.

Occupying a dwelling

A foreign person may be in breach of the rules if they provide incorrect information to us about whether a dwelling was vacant or occupied.

Third parties
A third party, such as a stockbroker, lawyer, solicitor, conveyancer, real estate agent or other adviser, may have broken the rules relating to residential land, if they knowingly assist another person to breach the law by doing any of the following:
- aiding, abetting, counselling, or procuring a contravention
- inducing (by threat, promise or otherwise) a contravention
- conspiring with others to affect a contravention
- being, directly or indirectly, knowingly concerned in, or party to, a contravention.
For examples of third-party breaches, see Guidance Note 14 – Compliance and Penalties (Residential Land) on the Foreign investment websiteExternal Link.

Officer of a corporation

An officer of a corporation may be subject to penalties if they authorise or permit a breach of the foreign investment rules, or fail to prevent such a breach from occurring.

How to report a breach of the foreign investment rules

If you know or suspect someone is breaking the foreign investment rules or want to tell us about your breach, you can report it by:
- completing the tip-off form
- phoning us on 1800 060 062
  - if you prefer to speak to us in a language other than English, phone the Translating and Interpreting Service on 13 14 50 for help with your call
  - if you are a tax professional, you can provide information by phone on 13 72 86 (Fast Key Code 3 4)
- writing to us – mark your letter ‘in confidence’ and post it to
AUSTRALIAN TAXATION OFFICE
TAX INTEGRITY CENTRE
LOCKED BAG 188
ALBURY NSW 2640.

When we receive information through a tip-off, we will cross check the information provided and decide if further action is needed. It’s important to include as much detail as possible so we can investigate fully.

How to complete the tip-off form

Complete the ATO tip-off form on our website or in the ATO app and select Start.

If you are voluntarily reporting a breach you have made as a foreign person, include as much detail as possible.

At Who is this about select who you are reporting for:
- Individual, include their
  - property address
  - name (or the name of their company)
  - phone number
  - social media details (for example, username and profile address)
  - nationality.
- Business, include the
  - business name
  - Australian business number (ABN) (if known)
  - business address
  - phone number
  - website details
  - social media details (for example, webpage and profile addresses).
- What is this about – select Other, then Illegal purchase of Australian property by a non-resident.
- Provide as much detail as possible about the reported behaviour, including
  - activities and behaviour that may be in breach of the foreign investment rules
  - the name of the property being reported and, if known
    
    the purchase date and price
    
    the selling agent
    
    the status of the property (if it is vacant, rented or owner occupied)
    
    any other information you have about this property.
- Include your contact details as we may need to contact you for more information. Your details remain confidential in accordance with privacy laws.
Before submitting the form, check you have provided the relevant information and supporting documentation. Provide as much detail as you can so we can fully assess the information.

Remember to make a note of the reference number when you submit the form. You will need to quote it if you want to add information later.

Examples of past tip-offs of foreign investment breaches

Examples of cases we received as a tip-off include:

Illegal purchase of established dwelling

We received a community tip-off about a foreign non-resident who didn’t apply for foreign investment approval before buying an established residential property. As this was a breach of the rules, the foreign person had to pay a $12,600 infringement penalty.

The foreign person was unable to move into the property or redevelop it to create 2 new dwellings. This was considered contrary to national interest and the foreign person had to sell the property.

Breach of conditions – renting an established dwelling

A tip-off was made about a foreign person who had rented out their established residential property through a real estate agent. This was in breach of the conditions listed on their foreign investment approval.

The foreign person had to pay a $12,600 infringement penalty and move into the property as a condition of their foreign investment approval.

Breach of conditions – not redeveloping and renting

A member of the building and construction industry made a tip-off that 3 properties were held by an individual foreign person and associated trusts in breach of their foreign investment approval conditions. They breached the conditions of their approval by renting out one established property and not redeveloping the others within the approved timeframe. Infringement penalties were imposed and the properties had to be sold.

Incorrect statement in vacancy fee return

A foreign person stated in their vacancy fee return that they had occupied their dwelling for 6 months or more in accordance with the vacancy fee rules. However, our investigation showed the person was overseas for more than 6 months of the year.

We helped the person understand that having a friend occupy the residence did not meet the definition of ‘residential occupation’ as defined by the foreign investment rules. They had to pay a $89,300 vacancy fee liability.

How your privacy is protected

Your privacy is protected by the Privacy Act 1988 and the strict secrecy provisions of the Income Tax Assessment Act 1936, the Taxation Administration Act 1953 and other tax laws.

Due to privacy laws, we are unable to share details specific to any foreign investment compliance investigation. We won’t be able to tell you of the outcome of our investigations. We equally respect your privacy in reporting the suspected breach, as well as the privacy of the owner of the reported property.

For more information, see ATO privacy policy.

MIL OSI News –
March 31, 2025