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  • MIL-OSI USA: Disaster Recovery Center Opening in Hazelwood

    Source: US Federal Emergency Management Agency

    Headline: Disaster Recovery Center Opening in Hazelwood

    Disaster Recovery Center Opening in Hazelwood

    A Disaster Recovery Center with FEMA Individual Assistance staff is opening in St

    Louis County to help people affected by the May 16 tornado and storms

    The Disaster Recovery Center opens this Friday, June 27

    At all locations, FEMA and the U

    S

    Small Business Administration will help impacted residents with their disaster assistance applications, answer questions, and upload required documents

    An additional location in St

    Louis County will be announced in the coming days

    Opening Friday, June 27LOCATIONHOURS OF OPERATIONSt

    Louis County Library – Prairie Commons Branch915 Utz Ln

    Hazelwood, MO 63042Monday-Thursday: 8 a

    m

    -7 p

    m

    Friday-Saturday: 8 a

    m

    -5 p

    m

     Sunday: ClosedLocations Currently Open in St

    Louis CityLOCATIONSHOURS OF OPERATIONSumner High School — Parking Lot                             4248 Cottage Ave

    St

    Louis, MO 63113Monday-Saturday: 8 a

    m

    -7 p

    m

    Sunday: 8 a

    m

    -6 p

    m

     Union Tabernacle M

    B

    Church626 N

    Newstead Ave

    St

    Louis, MO 63108Monday-Saturday: 8 a

    m

    -8 p

    m

    Sunday: ClosedTo save time, please apply for FEMA assistance before coming to a Disaster Recovery Center

    Apply online at DisasterAssistance

    gov or by calling 800-621-3362

     If you are unable to apply online or by phone, someone at the Disaster Recovery Center can assist you

     You may visit any location, no matter where you are staying now

    If your home or personal property sustained damage not covered by insurance, FEMA may be able to provide money to help you pay for home repairs, a temporary place to live, and replace essential personal property that was destroyed

    sara

    zuckerman
    Thu, 06/26/2025 – 22:03

    MIL OSI USA News –

  • MIL-OSI USA: Governor Newsom announces appointments 6.26.25

    Source: US State of California 2

    Jun 26, 2025

    SACRAMENTO – Governor Gavin Newsom today announced the following appointments:

    Kira Younger, of Fair Oaks, has been appointed Chief Financial Officer and Director of the Finance and Accounting Division at the California Department of Social Services. Younger has been Chief of Fiscal Forecasting at the California Department of Social Services since 2021, where she has held several roles since 2016, including Budget Officer and Staff Services Manager. She was Financial Manager at the California Office of Systems Integration from 2018 to 2019. Younger earned a Master of Business Administration degree in Strategic Management and a Bachelor of Business Administration degree in Accounting from Western Governors University. This position does not require Senate confirmation, and the compensation is $176,160. Younger is a Democrat. 

    Lauren Gavin Solis, of Los Angeles, has been appointed Deputy Director of the Office of Medicare Innovation and Integration at the Department of Health Care Services. Solis has been Acting Group Director for the Medicare-Medicaid Coordination Office at Centers for Medicare and Medicaid Services since 2025, where she has held several roles since 2013, including Team Lead and Health Insurance Specialist. She was a Health Policy Scholar at the National Coalition on Health Care from 2012 to 2013. Solis was a Presidential Management Fellow at the National Institutes of Health from 2011 to 2013. She held several roles at Triage Consulting Group from 2005 to 2010, including Legal Services Manager, Senior Associate, and Associate. Solis earned a Master of Public Health degree in Health Systems and Policy from Johns Hopkins University and a Bachelor of Arts degree in Psychology from the University of California, Davis. This position does not require Senate confirmation, and the compensation is $187,020. Solis is a Democrat. 

    Julia Parish, of Oakland, has been appointed Deputy Director of Legislation, Regulation, and Policy at the California Civil Rights Department. Parish has been a Senior Staff Attorney at Legal Aid at Work since 2019, where she has held multiple positions since 2011, including Staff Attorney, and Equal Justice Works AmeriCorps Legal Fellow. She was a Research Assistant to Professor David Oppenheimer at University of California, Berkeley School of Law in 2010. Parish earned a Juris Doctor degree from the University of California, Berkeley School of Law, a Master of Science degree in Education from Pace University, and a Bachelor of the Arts in Political Science and Spanish from University of California, Berkeley. This position does not require Senate confirmation, and compensation is $146,268. Parish is a Democrat.

    Juliet Michelson Wahleithner, of Fresno, has been appointed Director of Research, Evaluation, and Assessment at the Commission on Teacher Credentialing. Wahleithner has been a Special Consultant for the Office of Policy and Continuous Improvement at the Commission on Teacher Credentialing since 2025. Wahleithner has been an Associate Professor for Literacy Education at California State University, Fresno since 2021, where she has held several roles since 2015 including Director of Educator Preparation and Accreditation, Director of San Joaquin Valley Writing Project, and Assistant Professor. She held several roles at University of California, Davis School of Education from 2008 to 2015, including Postdoctoral Researcher, Lecturer, Accreditation coordinator, and Graduate Student Assistant. Wahleithner held several roles at Lodi Unified School District from 1999 to 2007, including Differentiated Instruction Curriculum Coach and an English and Journalism Teacher. She is a Member of the American Educational Research Association, California Council on Teacher Education, and Board of Directors of Saint Agnes Child Development Center. Wahleithner earned a Doctor of Philosophy degree in Education, a Master of Arts degree in Education, and a Bachelor of Arts degree in English from University of California, Davis. This position does not require Senate confirmation, and the compensation is $163,788. Wahleithner is a Democrat.

    Sophear Price, of Santa Rosa, has been appointed Skilled Nursing Facility Administrator at the Yountville Veterans Home of California. Price has been the Standards Compliance Coordinator at the Yountville Veterans Home of California since 2018. Price held multiple roles at the Sonoma Development Center from 2014 to 2017, including Community Programs Specialist II and Individual Programs Coordinator. She earned a Bachelor of Arts degree in Psychology from California State University, Sonoma. This position does not require Senate confirmation, and the compensation is $159,120. Price is registered without party preference. 

    Press releases, Recent news

    Recent news

    Jun 26, 2025

    News What you need to know: La Passeggiata on Lindsey Street in Stockton is the latest site to be transformed from excess, underutilized state land into affordable housing under Governor Newsom’s executive order. STOCKTON — Today, state leaders broke ground on a new…

    Jun 25, 2025

    News What you need to know: There are many disingenuous claims swirling about California gas prices “set to soar” – the truth is that gas prices won’t come anywhere close to increasing by 65 cents, as many would have you believe.   SACRAMENTO – California gas prices…

    Jun 25, 2025

    News What you need to know: Governor Newsom announced $135 million is available for wildfire prevention grants – protecting communities from catastrophic wildfire at the same time as President Trump adds new strain to firefighting resources. SACRAMENTO – As President…

    MIL OSI USA News –

  • MIL-OSI Economics: [Interview] ‘I Thought It Was Real Paper’ — The Story Behind Samsung Color E-Paper: The Digital Signage Solution That Displays 2.5 Million Colors Without Continuous Power

    Source: Samsung

    From menu boards and discount offers to promotional advertisements, digital signage has become an essential medium for delivering information in retail spaces. Now, a new display has emerged — one that can show images without a continuous power supply.
     
    On June 8, Samsung Electronics launched the 32-inch Color E-Paper — an ultra-low-power digital signage solution capable of delivering rich, high-quality visuals.
     
    Behind this innovative product lies Samsung’s proprietary Color Imaging Algorithm technology, developed through close collaboration between the Visual Display (VD) Business and Samsung Research at Samsung Electronics.
     
    Samsung Newsroom spoke with two key figures behind its development — Daewoong Cho from the VD Business and Iljun Ahn from Samsung Research — to learn more about the creation of Color E-Paper.
     
    ▲ (From left) Iljun Ahn from Samsung Research and Daewoong Cho from the VD Business
     
     
    Paradigm Shift: Ultra-Slim, Ultra-Light and Ultra Low-Power
    The Color E-Paper sets a new benchmark for digital signage — redefining hardware, operational methods and content expressiveness.
     
    The globally released EM32DX model (32-inch) sports an ultra-slim profile, measuring just 8.6 millimeters at its thinnest point, and boasts a lightweight structure, weighing only 2.5 kilograms with the battery.
     
    ▲ Daewoong Cho from the VD Business
     
    “We designed the device to be ultra-slim and ultra-light so that it can be installed easily, even in tight spaces,” said Cho, who led Color E-Paper’s hardware development. “This versatility means it can serve as a menu board at a café entrance or be mounted on a wall to function as a seasonal, emotionally resonant interior display.”
     
    One of the biggest advantages of the Color E-Paper is its ultra-low power consumption, as it draws 0.00W1 while displaying a static image. This allows content to remain visible for extended periods on battery power alone, significantly reducing energy usage in retail environments. Changing the display image requires only a minimal amount of power as well. In addition, as part of Samsung’s commitment to sustainability, the product incorporates recycled plastics in its exterior and comes in eco-friendly packaging.
     
    ▲ Content for the Color E-Paper can be easily created, replaced and managed through the Samsung VXT platform.
     
    ▲ Samsung VXT enhances the Color E-Paper experience with content visibility optimization, a preview function that ensures color accuracy before deployment, and other convenient features.
     
     
    A Display That Runs Without a Continuous Power Supply
    The secret behind the Color E-Paper’s ultra-low power consumption is its distinctive method of displaying images.
     
    ▲ Iljun Ahn from Samsung Research
     
    “While conventional LCD signage uses a backlight to illuminate images, the Color E-Paper arranges six colors of digital ink in precise locations — just like printing on paper,” said Ahn, who participated in developing the product’s image enhancement technology. “This is also what gives the display its eye-friendly visual texture.”
     
    The display consists of millions of microcups, each containing four colored ink particles (red, yellow, white and blue). When an electrical signal is applied to each cup, the designated ink particles rise to the surface to produce six colors.
     
    “This process closely resembles the printing principle by which ink adheres to paper,” Ahn explained. “Once an image is formed, it can be semi-permanently retained without any further power consumption.”
     
     
    Rich Images With Just Six Colors Through Samsung’s Proprietary Technology
    The Color E-Paper’s strengths go far beyond power efficiency. The product can reproduce vibrant, natural hues using only six colors thanks to Samsung Electronics’ independently developed Color Imaging Algorithm.
     
    “Conventional products had limitations in accurately reproducing input colors, and issues such as distortion and noise occurred . A solution was needed to overcome these challenges, so the VD Business and Samsung Research joined forces to come up with one,” said Ahn.
     
    The starting point for developing the Color Imaging Algorithm, which enhances both color expressiveness and visibility, was the Human Visual System (HVS). The algorithm was built around a key aspect of human vision: the eye perceives the average color across a certain region, rather than focusing on the colors of individual pixels.
     
    “By leveraging this trait, it’s possible to create the perception of different colors by naturally combining the six colors. The key lies in optimizing the ratio and arrangement of those combinations to avoid any color distortion,” Ahn added.
     
    ▲ The Color E‑Paper’s color-rendering process, powered by the Color Imaging Algorithm.
     
     

    Calculating Color Ratios: Probability Map Extraction
    Conventional e‑paper relies on error-diffusion2 techniques to approximate digital images using a limited color palette. While effective, these methods carry significant drawbacks, as they are prone to visual distortion and suffer from slow computation speeds.
     
    To overcome these limitations, Samsung devised an innovative approach that calculates the probability of placing certain colors within arbitrary regions, allowing for more precise color expression.
     
    ▲ The Color Imaging Algorithm computes color-specific weights as probability distributions.

     
    By computing color weights as probabilities, the Color E-Paper can render nearly 2.5 million distinct hues using just six colors — a dramatic 40-fold increase in color richness compared to the roughly 60,000 hues achievable with conventional methods.
     

    Optimizing Color Arrangement: Color Sampling
    Along with color ratios, the way colors are arranged also plays a critical role in color rendition quality. Building on the probability map, Samsung developers applied blue-noise-based3 sampling (arrangement)to assign colors on a pixel-by-pixel basis, ensuring uniform and smooth color rendering.
     
    ▲ The blue-noise-based color sampling process

     
    ▲ (Left) Grocery store promotions brought to life in vivid color on a Samsung Color E-Paper display; (Right) A magnified view of the onion demonstrates how various color combinations naturally render shades and hues.
     
    This advanced Color Imaging Algorithm technology significantly reduces eye strain and delivers images with soft, natural boundaries — just like printed material.
     
    ▲ Samsung’s Color Imaging Algorithm technology overcomes the shortcomings of conventional e-paper.
     
     
    A Globally Acclaimed Technology With a Bright Future
    With reactions like “I thought it was real paper!” and “Where’s the power cable?”, people are often surprised or impressed when they see the Color E‑Paper for the first time. The innovation drew significant attention at this year’s edition of Europe’s largest display exhibition, Integrated Systems Europe, where it won three Best of Show at ISE 2025 awards.
     
    “I felt so proud when I heard that a global brand, one that had previously insisted on analog signage only, began seriously considering a digital transformation after seeing the Color E‑Paper at ISE 2025,” Daewoong Cho recalled.
     
    “The natural, paper-like color of the Color E-Paper will offer consumers a fresh experience across various commercial settings. We plan to introduce it in a range of sizes, from small to large displays.”
     
    “We are continuing our research with the goal of being able to render a broader range of colors more effectively. Samsung Research and the VD Business will keep working in close partnership to deliver the next breakthrough in display technology,” added Iljun Ahn.
     
    With its paradigm-shifting power efficiency and color accuracy, the Samsung Color E‑Paper is leading the evolution of digital signage. Driven by a spirit of continuous innovation, Samsung’s product developers are committed to enhancing visual experiences in commercial spaces — setting a new standard for the displays of tomorrow.
     
     
    1 Based on IEC 62301 standards from the International Electrotechnical Commission. Power consumption below 0.005W is indicated as 0.00W.
    2 This method diffuses the quantization error — introduced during image quantization — by distributing it in specified proportions to adjacent pixels, ensuring the errors become visually less noticeable across the entire image.
    3 Unlike white noise, blue noise is concentrated in the high-frequency spectrum, distributing fine-grained, evenly spaced patterns without large blotches — enabling smoother and more natural image rendering on displays.

    MIL OSI Economics –

  • MIL-OSI Economics: [Interview] ‘I Thought It Was Real Paper’ — The Story Behind Samsung Color E-Paper: The Digital Signage Solution That Displays 2.5 Million Colors Without Continuous Power

    Source: Samsung

    From menu boards and discount offers to promotional advertisements, digital signage has become an essential medium for delivering information in retail spaces. Now, a new display has emerged — one that can show images without a continuous power supply.
     
    On June 8, Samsung Electronics launched the 32-inch Color E-Paper — an ultra-low-power digital signage solution capable of delivering rich, high-quality visuals.
     
    Behind this innovative product lies Samsung’s proprietary Color Imaging Algorithm technology, developed through close collaboration between the Visual Display (VD) Business and Samsung Research at Samsung Electronics.
     
    Samsung Newsroom spoke with two key figures behind its development — Daewoong Cho from the VD Business and Iljun Ahn from Samsung Research — to learn more about the creation of Color E-Paper.
     
    ▲ (From left) Iljun Ahn from Samsung Research and Daewoong Cho from the VD Business
     
     
    Paradigm Shift: Ultra-Slim, Ultra-Light and Ultra Low-Power
    The Color E-Paper sets a new benchmark for digital signage — redefining hardware, operational methods and content expressiveness.
     
    The globally released EM32DX model (32-inch) sports an ultra-slim profile, measuring just 8.6 millimeters at its thinnest point, and boasts a lightweight structure, weighing only 2.5 kilograms with the battery.
     
    ▲ Daewoong Cho from the VD Business
     
    “We designed the device to be ultra-slim and ultra-light so that it can be installed easily, even in tight spaces,” said Cho, who led Color E-Paper’s hardware development. “This versatility means it can serve as a menu board at a café entrance or be mounted on a wall to function as a seasonal, emotionally resonant interior display.”
     
    One of the biggest advantages of the Color E-Paper is its ultra-low power consumption, as it draws 0.00W1 while displaying a static image. This allows content to remain visible for extended periods on battery power alone, significantly reducing energy usage in retail environments. Changing the display image requires only a minimal amount of power as well. In addition, as part of Samsung’s commitment to sustainability, the product incorporates recycled plastics in its exterior and comes in eco-friendly packaging.
     
    ▲ Content for the Color E-Paper can be easily created, replaced and managed through the Samsung VXT platform.
     
    ▲ Samsung VXT enhances the Color E-Paper experience with content visibility optimization, a preview function that ensures color accuracy before deployment, and other convenient features.
     
     
    A Display That Runs Without a Continuous Power Supply
    The secret behind the Color E-Paper’s ultra-low power consumption is its distinctive method of displaying images.
     
    ▲ Iljun Ahn from Samsung Research
     
    “While conventional LCD signage uses a backlight to illuminate images, the Color E-Paper arranges six colors of digital ink in precise locations — just like printing on paper,” said Ahn, who participated in developing the product’s image enhancement technology. “This is also what gives the display its eye-friendly visual texture.”
     
    The display consists of millions of microcups, each containing four colored ink particles (red, yellow, white and blue). When an electrical signal is applied to each cup, the designated ink particles rise to the surface to produce six colors.
     
    “This process closely resembles the printing principle by which ink adheres to paper,” Ahn explained. “Once an image is formed, it can be semi-permanently retained without any further power consumption.”
     
     
    Rich Images With Just Six Colors Through Samsung’s Proprietary Technology
    The Color E-Paper’s strengths go far beyond power efficiency. The product can reproduce vibrant, natural hues using only six colors thanks to Samsung Electronics’ independently developed Color Imaging Algorithm.
     
    “Conventional products had limitations in accurately reproducing input colors, and issues such as distortion and noise occurred . A solution was needed to overcome these challenges, so the VD Business and Samsung Research joined forces to come up with one,” said Ahn.
     
    The starting point for developing the Color Imaging Algorithm, which enhances both color expressiveness and visibility, was the Human Visual System (HVS). The algorithm was built around a key aspect of human vision: the eye perceives the average color across a certain region, rather than focusing on the colors of individual pixels.
     
    “By leveraging this trait, it’s possible to create the perception of different colors by naturally combining the six colors. The key lies in optimizing the ratio and arrangement of those combinations to avoid any color distortion,” Ahn added.
     
    ▲ The Color E‑Paper’s color-rendering process, powered by the Color Imaging Algorithm.
     
     

    Calculating Color Ratios: Probability Map Extraction
    Conventional e‑paper relies on error-diffusion2 techniques to approximate digital images using a limited color palette. While effective, these methods carry significant drawbacks, as they are prone to visual distortion and suffer from slow computation speeds.
     
    To overcome these limitations, Samsung devised an innovative approach that calculates the probability of placing certain colors within arbitrary regions, allowing for more precise color expression.
     
    ▲ The Color Imaging Algorithm computes color-specific weights as probability distributions.

     
    By computing color weights as probabilities, the Color E-Paper can render nearly 2.5 million distinct hues using just six colors — a dramatic 40-fold increase in color richness compared to the roughly 60,000 hues achievable with conventional methods.
     

    Optimizing Color Arrangement: Color Sampling
    Along with color ratios, the way colors are arranged also plays a critical role in color rendition quality. Building on the probability map, Samsung developers applied blue-noise-based3 sampling (arrangement)to assign colors on a pixel-by-pixel basis, ensuring uniform and smooth color rendering.
     
    ▲ The blue-noise-based color sampling process

     
    ▲ (Left) Grocery store promotions brought to life in vivid color on a Samsung Color E-Paper display; (Right) A magnified view of the onion demonstrates how various color combinations naturally render shades and hues.
     
    This advanced Color Imaging Algorithm technology significantly reduces eye strain and delivers images with soft, natural boundaries — just like printed material.
     
    ▲ Samsung’s Color Imaging Algorithm technology overcomes the shortcomings of conventional e-paper.
     
     
    A Globally Acclaimed Technology With a Bright Future
    With reactions like “I thought it was real paper!” and “Where’s the power cable?”, people are often surprised or impressed when they see the Color E‑Paper for the first time. The innovation drew significant attention at this year’s edition of Europe’s largest display exhibition, Integrated Systems Europe, where it won three Best of Show at ISE 2025 awards.
     
    “I felt so proud when I heard that a global brand, one that had previously insisted on analog signage only, began seriously considering a digital transformation after seeing the Color E‑Paper at ISE 2025,” Daewoong Cho recalled.
     
    “The natural, paper-like color of the Color E-Paper will offer consumers a fresh experience across various commercial settings. We plan to introduce it in a range of sizes, from small to large displays.”
     
    “We are continuing our research with the goal of being able to render a broader range of colors more effectively. Samsung Research and the VD Business will keep working in close partnership to deliver the next breakthrough in display technology,” added Iljun Ahn.
     
    With its paradigm-shifting power efficiency and color accuracy, the Samsung Color E‑Paper is leading the evolution of digital signage. Driven by a spirit of continuous innovation, Samsung’s product developers are committed to enhancing visual experiences in commercial spaces — setting a new standard for the displays of tomorrow.
     
     
    1 Based on IEC 62301 standards from the International Electrotechnical Commission. Power consumption below 0.005W is indicated as 0.00W.
    2 This method diffuses the quantization error — introduced during image quantization — by distributing it in specified proportions to adjacent pixels, ensuring the errors become visually less noticeable across the entire image.
    3 Unlike white noise, blue noise is concentrated in the high-frequency spectrum, distributing fine-grained, evenly spaced patterns without large blotches — enabling smoother and more natural image rendering on displays.

    MIL OSI Economics –

  • MIL-OSI Asia-Pac: Appointments to Harbourfront Commission announced

    Source: Hong Kong Government special administrative region

    Appointments to Harbourfront Commission announced 
    The newly appointed individual members are Mr Kyran Sze, as well as Miss Lam Ching-yi and Miss Law Lok-yi, who were recruited under the Member Self-recommendation Scheme for Youth (MSSY). The reappointed individual members are Mr Francis Lam Ka-fai, Professor Becky Loo Pui-ying and Mr Wilson Or Chong-shing.
     
    Welcoming the above appointments, the Secretary for Development, Ms Bernadette Linn, said, “I am confident that the newly appointed and reappointed members will provide inspiring insights for the future harbourfront development. These members include veterans with extensive experience and expertise, as well as youth who can bring in innovative thinking. The Government will continue to work closely with the HC to build an attractive, vibrant, accessible and sustainable harbourfront.”
     
    Ms Linn also expressed gratitude to the outgoing members, Mr Mac Chan Ho-ting and Ms Angela So Wing-kwan, for their contributions to promoting harbourfront development in the past six years.
     
    Established in 2010, the HC advises the Government on harbourfront planning, design, management and other related matters with the objective of fostering and facilitating the development of Victoria Harbour’s harbourfront.
     
    Following is the full membership of the HC commencing July 1, 2025, including incumbent members whose term of service straddles July 1:
     
    Chairperson
    ———————————————
    Mr Ivan Ho Man-yiu
     
    Vice-Chairperson
    ———————————————
    Secretary for Development
     
    Non-official Members (Organisation Members nominated by the following organisations)
    ———————————————
    Business Environment Council Limited
    Friends of the Earth (HK) Charity Limited
    Hong Kong Institute of Urban Design
    Society for Protection of the Harbour
    The Chartered Institute of Logistics and Transport in Hong Kong
    The Conservancy Association
    The Hong Kong Institute of Architects
    The Hong Kong Institute of Landscape Architects
    The Hong Kong Institute of Planners
    The Hong Kong Institute of Surveyors
    The Hong Kong Institution of Engineers
    The Real Estate Developers Association of Hong Kong
     
    Non-official Members (Individuals)
    ———————————————
    Miss Lam Ching-yi#
    Mr Francis Lam Ka-fai
    Ms Sunnie Lau Sing-yeung
    Miss Law Lok-yi#
    Mr Leung Chun
    Dr Lawrence Li Kwok-chang
    Professor Becky Loo Pui-ying
    Mr Wilson Or Chong-shing
    Mr Jason Shum Jiu-sang
    Mr Kyran Sze*
    Mr Bondy Wen Tsz-kit
    Mr Eric Yeung Chuen-sing
    Dr Frankie Yeung Wai-shing
    Mr Yiu Pak-leung
     
    * new member
    # new members recruited under the MSSY
     
    Official Members
    ———————-
    Permanent Secretary for Development (Planning and Lands) or representative
    Commissioner for Tourism or representative
    Commissioner for Transport or representative
    Director of Civil Engineering and Development or representative
    Director of Leisure and Cultural Services or representative
    Director of Marine or representative
    Director of Planning or representative
     
    Secretary
    ————
    Commissioner for Harbourfront
    Issued at HKT 11:05

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Government announces appointments of Chairperson and members to Hong Kong Export Credit Insurance Corporation Advisory Board

    Source: Hong Kong Government special administrative region

    Government announces appointments of Chairperson and members to Hong Kong Export Credit Insurance Corporation Advisory Board 
    The tenure of the appointments is two years with effect from July 1, 2025.
     
    Commenting on the appointments, the Secretary for Commerce and Economic Development, Mr Algernon Yau, said, “I am pleased that Ms Agnes Chan has been appointed as the Chairperson of the HKECIC Advisory Board. I am confident that, with her distinguished role in the business sector and abundant public service experience, Ms Agnes Chan will be able to lead the Advisory Board in tendering pragmatic and constructive advice to the HKECIC, enabling the HKECIC to continue providing professional export credit insurance services to Hong Kong exporters. I would also like to welcome Mr Henry Ko as a new member, and Ms Natalie Chan and Mr Michael Li being reappointed to continue contributing to the work of the Advisory Board.”
     
         “I extend my heartfelt gratitude to Dr Dennis Ng for his contributions during his tenure. Under his leadership, the HKECIC has launched various measures to support the export trade in Hong Kong and assist Hong Kong exporters, especially small and medium enterprises, in countering the challenges brought by the uncertainties in the global economy and expanding into emerging markets. I would also like to express my appreciation to the outgoing member Mr Samuel Lau Kin-pui for his staunch support of the work of the Advisory Board,” Mr Yau added.
     
         Ms Agnes Chan is currently the Senior Advisor of the Chairman’s Office, Greater China, Ernst & Young. She is the incumbent Chairman of the Hong Kong General Chamber of Commerce, an incumbent member of the Public Service Commission and an ex-officio member of the Hong Kong Trade and Development Council.
     
         The HKECIC was established in 1966 to provide insurance protection for Hong Kong exporters against non-payment risks arising from commercial and political incidents. The Hong Kong Special Administrative Region Government guarantees its liabilities.
     
         The composition of the HKECIC Advisory Board with effect from July 1, 2025, is as follows:
     
    Chairperson
    ———–
    Ms Agnes Chan Sui-kuen
     
    Members
    ———–
    Mr Kelvin Au Wai-kuen
    Ms Natalie Chan Wo-mi
    Ms Helen Hui
    Mr Henry Ko Hok-han
    Mr Timothy Lee Kwok-lam
    Mr Michael Li Chi-fung
    Mr Bernie Ting Wai-cheung
    Ms Winnie Wong Chi-shun
    Principal Assistant Secretary for Commerce and Economic Development
    Executive Director, Hong Kong Trade Development Council or his representative (ex-officio)
    Issued at HKT 11:00

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI United Kingdom: Cathedral Quarter Ice Rink and Nordic Bar will return for Festive Derby 2025

    Source: City of Derby

    Derby City Council and the Cathedral Quarter Business Improvement District (BID) are delighted to announce that the city’s popular ice rink will return this Christmas – and tickets are on sale now.

    Following its huge popularity in 2024, which saw over 11,800 people enjoy the ice, the undercover Cathedral Quarter Ice Rink will once again be the centrepiece of festive fun in Derby Market Place. It will be open from November 29 right up until New Year’s Eve.

    Whether you’re an ice-skating pro or just finding your feet, it’s the perfect way to embrace the Christmas spirit. Skaters of all ages and abilities are welcome to enjoy hour-long sessions, with skate hire included in the price. Plus, for those who need a little extra stability, free skate aids will be available.

    Accompanying the ice rink will be the fantastic Nordic Bar, with its eye-catching tipis making a welcome return thanks to Sami Tipi and Mambo Bars. It’s the ideal spot to warm up and relax, with stunning festive foliage, disco balls, twinkling lights, and cosy firepits creating a magical atmosphere.

    This year’s festivities also include the return of the Festive Derby Light Trail, and the newly reopened Derby Market Hall will be joining in the city-wide celebrations.

    Councillor Nadine Peatfield, Leader of Derby City Council, said: 

    The Cathedral Quarter Ice Rink has become a beloved part of Christmas in Derby, and its return, along with the fantastic Nordic Bar, is highly anticipated! I’m really excited to see our stunning Market Hall be a part of this year’s celebrations too.

    Festive Derby gets bigger and better every year and 2025 is no exception. We can’t wait to welcome everyone into the city centre to enjoy it.

    Just like last year, the Nordic Bar will be serving up a tempting selection of drinks, including steaming speciality hot chocolates, mulled wine, and festive cocktails. You’ll also find more tasty treats from our on-site food vendors.

    The tipis will once again host a fantastic programme of entertainment, featuring live music, children’s shows and more! The combined appeal of the ice rink and Nordic Bar proved more popular than ever in 2024, attracting almost 7,500 more visitors compared to the previous year.

    Craig Bidder, founder of The Nordic Bar Co, said:

    Derby’s incredible welcome always blows us away! We’re so excited to return, bringing our tipis to create another magical season. Prepare for even more festive sparkle under the tipis!

    Brad Worley, Manager for the Cathedral Quarter and St Peters Quarter BIDs, said:

    We’re thrilled to be sponsoring the Cathedral Quarter Ice Rink once again, in partnership with Derby City Council. The rink has become a real centrepiece of Festive Derby, bringing families into the heart of the Cathedral Quarter and supporting our fantastic local businesses. 

    We’re proud to play a part in creating a vibrant, welcoming atmosphere that celebrates the season and everything Derby has to offer.

    The Nordic Bar will once again host a fantastic programme of entertainment

    The Cathedral Quarter Ice Rink and Nordic Bar will open on Saturday 29 November, as Festive Derby is officially launched with our Christmas Lights Switch-On event, with our media partner Smooth Radio. Festive light installations will lead you through the city centre to the magical Cathedral Quarter, where there’ll be festive entertainment to enjoy on selected weekends.

    Last year’s visitors were left feeling truly festive:

    An incredible day for young and old celebrating in the heart of the city that yule love… What’s Good To Do

    Whether you’re here for the dazzling lights, festive drinks, or simply to soak in the Christmas spirit, Festive Derby offers something for everyone… Derby Days Out

    Tickets for the Cathedral Quarter Ice Rink are on sale now so if you want to secure the date for a festive group get-together, plan a work event or simply want something exciting to look forward to – you can book now. The rink is popular for group bookings and is also available for private hire, so if you’re planning an event, get in touch! 

    Standard tickets priced at £12 during peak sessions and £10 for off-peak sessions. Under 16s tickets are £10 during peak sessions and £8 during off-peak sessions. 

    There are family and group discounts available, starting at groups of 4+, with larger discounts available for bigger group bookings. There will also be special sessions for toddlers and their parents/carers. The rink is wheelchair accessible. Check the Derby LIVE website for opening times and booking information.

    Of course, the festive season wouldn’t be complete without Derby’s annual panto spectacular at Derby Arena. This year we’re teaming up with Morgan Brind and the multi award-winning Little Wolf Entertainment  again to present Dick Whittington from Friday 5 – Wednesday 31 December.

    You can also see a brand-new festive tale from the Lost Boys, Merry Elwin The Adventurous Elf, at Chapel Street Arts Centre from Thursday 11 until Tuesday 23 December. This heartwarming show is perfect for families and festive enthusiasts alike, offering a delightful blend of humour, heart, and holiday cheer. 

    Tickets for all shows and attractions can be purchased on the Derby LIVE website, at the Sales and Information Centre,19 Chapel Street, Derby, DE1 3GU, or by calling 01332 255 800.

    MIL OSI United Kingdom –

  • MIL-OSI: Same Day Payday Loan Instant Approval No Credit Check for Urgent Needs – Radcred Launches Loan Payday Loan Platform for Financial Relief for Borrowers in the U.S.

    Source: GlobeNewswire (MIL-OSI)

    Glendale, California, June 27, 2025 (GLOBE NEWSWIRE) — Radcred, a leading fintech platform, has introduced a groundbreaking solution for borrowers in need of urgent financial relief: a same-day payday loan platform with instant approval and no credit check. Designed to meet the pressing demands of today’s financial landscape, Radcred’s new platform offers a streamlined, fast, and secure process for accessing payday loans, regardless of credit history. This innovative service is a direct response to the growing financial pressures faced by Americans, including rising living costs, inflation, and job insecurity.

    Rising Need for Fast Payday Loans

    The demand for quick, accessible online payday loans has intensified in recent years. A recent Federal Reserve report revealed that over 60% of Americans couldn’t cover a $400 emergency expense without relying on credit cards, borrowing, or selling personal belongings. As inflation continues to rise, families are feeling the strain more than ever. Unexpected bills ranging from medical emergencies to car repairs are forcing many to seek immediate financial solutions. Traditional banks and lenders often take too long, require a good credit score, or impose strict terms, leaving millions underserved.

    This gap has created a massive demand for platforms that can offer quick, reliable, and easy-to-access payday loans. Radcred’s same day payday loan service perfectly fills this need, ensuring that Americans can access the funds they need without the long wait or complex processes typically associated with traditional loans.

    Radcred’s Role in Revolutionizing Payday Lending

    Radcred’s fully online platform offers a fast, convenient, and straightforward solution for accessing payday loans. Unlike traditional payday lenders that require borrowers to visit physical locations, it operates entirely online, allowing borrowers to apply for payday loans from the comfort of their homes. This digital-first approach significantly reduces time constraints and eliminates the need for excessive paperwork.

    The platform is known for providing no credit check loans. In an industry that often relies on hard credit checks, Radcred’s platform only performs soft inquiries, ensuring that your credit score remains unaffected. This makes the service particularly beneficial for borrowers with poor credit or those who have been traditionally shut out of the lending process.

    The Growing Demand for No Credit Check Payday Loans

    The demand for payday loans with no credit check is growing rapidly, especially as more individuals face challenges securing financing from traditional sources. According to a recent report by the Consumer Financial Protection Bureau (CFPB), payday lending has become a go-to solution for millions of Americans who are either underbanked or face financial setbacks. The lack of access to traditional bank loans due to poor credit histories has made payday loans a necessary financial lifeline.

    Radcred’s platform provides same day personal loans for bad credit solution that is both convenient and accessible. By removing the need for a hard credit check, it ensures that individuals with poor or no credit history have the opportunity to receive fast loans. With no collateral required and minimal documentation, Radcred’s service is making financial assistance available to a broader audience.

    Why Same Day Payday Loans Are Essential for Today’s Borrowers?

    Unexpected expenses can arise at any time, often when funds are least available. Whether it’s an emergency medical bill, a car repair, or overdue rent, having access to fast cash can make all the difference. Traditional loans are often time-consuming, requiring credit checks, paperwork, and extended approval processes. For individuals facing urgent financial situations, these delays can result in missed deadlines, penalties, or additional financial stress.

    Radcred’s same day payday loan service addresses this issue by providing immediate access to funds without the long wait. Borrowers can complete the entire application process in just a few minutes and receive Instant payday loans  in as little as a few hours, often on the same day. This quick turnaround is crucial for individuals facing time-sensitive financial issues.

    Radcred’s Easy Loan Process

    Radcred has simplified the payday loan process to make it as fast and efficient as possible. The entire loan application can be completed online, without the need for in-person visits or cumbersome paperwork. Here’s a breakdown of the process:

    Step 1: Complete the payday loan application online. It takes only a few minutes to provide the necessary details.
    Step 2: Radcred performs a soft credit check to assess your eligibility for the loan. This does not impact your credit score.
    Step 3: Based on the information provided, Radcred instantly matches you with a licensed lender offering the loan terms that best fit your needs.
    Step 4: Review the loan offers, including fees, interest rates, and repayment terms. Choose the loan offer that works for you.
    Step 5: Accept the offer, and funds are transferred to your bank account, often within hours or on the same day.

    This streamlined process provides instant funds with minimal hassle. Radcred’s digital platform enables borrowers to apply, get approved, and receive funds with minimal effort and maximum speed.

    Need Emergency Cash? Submit Your Application for Same-Day Payday Loans

    Radcred vs. Traditional Payday Lenders

    As more borrowers turn to quick financial solutions, Radcred distinguishes itself from traditional payday lenders by offering online payday loans that are faster, more transparent, and more accessible, particularly for those with bad credit. Here’s how Radcred is changing the payday loan landscape compared to traditional lenders.

    Fully Online Platform
    Unlike traditional payday lenders that require in-person visits, Radcred’s platform is entirely online. Borrowers can apply for bad credit loans anytime, anywhere, making it convenient and accessible.

    No Credit Check Required
    Traditional payday lenders rely on hard credit checks, which can impact your credit score. Radcred uses soft inquiries that don’t affect your credit, ensuring a smooth, risk-free process.

    Instant Loan Approval and Same-Day Funding
    Radcred offers instant loan approvals, speeding up the process and ensuring quick access to funds. Unlike traditional lenders, Radcred guarantees same-day funding, directly transferring money to your bank account.

    Transparent Loan Terms
    Radcred provides clear, upfront information about loan amounts, interest rates, fees, and repayment schedules, ensuring no hidden fees or surprises.

    Flexible Loan Options for Bad Credit
    Radcred specializes in offering loans for bad credit, making it easier for those with poor credit to qualify. There’s no collateral needed, simplifying the process and reducing risk.

    No Physical Locations
    Unlike traditional lenders, Radcred operates entirely online, offering privacy and convenience in a secure digital environment.

    Why Radcred’s Service is Perfect for Emergency Payday Loan?

    Life can be unpredictable, and financial emergencies can arise unexpectedly. Whether it’s a medical bill, car repair, or overdue rent, having quick access to funds is crucial. For those with poor credit, traditional lenders may be inaccessible. Radcred’s same-day payday loans provide a fast, digital solution. 

    The platform’s simple application process offers instant loans for bad credit, with funds transferred in hours, ensuring relief when it’s needed most. Unlike traditional loans that take days, Radcred’s service allows borrowers to access cash almost immediately, offering essential financial support during urgent situations.

    Legal & Compliance Information

    Radcred’s platform ensures full legal and regulatory compliance by partnering only with licensed lenders who adhere to state and federal lending laws. This guarantees that all loan offers are transparent and legally compliant. The loan application process follows strict data security protocols, utilizing encryption technology to protect users’ personal and financial information. 

    Radcred also adheres to all payday lending regulations, ensuring loan amounts, interest rates, and repayment terms are clearly outlined. Borrowers are encouraged to carefully review all terms and conditions before accepting a loan offer, ensuring full understanding and transparency throughout the process.

    About Radcred

    Founded in 2018, Radcred is a U.S.-based fintech platform designed to help individuals access payday loans quickly and efficiently. The platform connects borrowers with licensed lenders offering payday loans, eliminating the lengthy application processes and strict credit checks typically associated with traditional lenders. With a focus on convenience, speed, and transparency, Radcred has quickly gained recognition as a trusted provider of fast, no-credit-check payday loans.

    Final Thoughts: Same Day Payday Loans for Immediate Relief

    Radcred’s same day payday loan platform provides a fast and efficient solution for individuals facing urgent financial challenges. With a simple online application, no credit check, and funds available within hours, the service is a lifeline for many Americans. Whether it’s an emergency medical bill, car repair, or overdue rent, Radcred ensures that borrowers have access to the funds they need, when they need them.

    Disclaimer
    Radcred is not a lender and does not make credit decisions. Third-party lenders make loan offers, determine APRs, establish repayment terms, and approve or deny applications. Loan amounts and availability may vary by state and applicant qualification. Always review the terms and conditions before accepting a loan. Payday loans are intended for short-term use and may not be suitable for long-term financial planning.

    The MIL Network –

  • MIL-OSI Europe: Plenary session of the European Economic and Social Committee

    Source: European Union 2

    589th Plenary session, with the following guests: Roberta Metsola, President of the EP (tbc); János Bóka, Minister of EU Affairs of Hungary;  Nicolas Schmit, EU Commissioner for Jobs and Social Rights, Maxime Cerutti, Director of Social Affairs at Business Europe, Tea Jarc, Confederal Secretary of the EU Trade Union Confederation (ETUC), Rareș Voicu, President of the EU Youth Forum and Nicoletta Merlo, EESC Member; with Teresa Ribera, Minister for the Ecological Transition and the Demographic Challenge of Spain (tbc), Svenja Schulze, Federal Minister for Economic Cooperation and Development of Germany (tbc); Saadia Zahidi, Managing Director, World Economic Forum

    Recording of debates

    MIL OSI Europe News –

  • MIL-OSI United Kingdom: Financial case study: commercial woodland over 100 hectares

    Source: United Kingdom – Government Statements

    Case study

    Financial case study: commercial woodland over 100 hectares

    Find out how creating a commercial woodland over 100 hectares stacks up with income through grants, timber, and carbon credits

    Understanding woodland financials 

    Woodland creation is a long-term commitment that can diversify your income. Planting the right tree in the right place, can provide new and reliable income streams and far-reaching benefits for your land, your local community and the environment. 

    Potential income from a new woodland is dependent on several factors. This includes species, how quickly trees grow, spacing, how long before harvesting occurs (rotation length), woodland size, and the location of your woodland – all of which can vary considerably resulting in several possible combinations and outcomes.  

    This case study shows how a real landowner created productive woodland. All figures are rounded to the nearest £100 and accurate as of September 2024. 

    Creating a commercial woodland that benefits nature recovery 

    A landowner in the north east of England had large area of semi-improved grass land. To meet their management and financial objectives, they created a large-scale productive woodland across approximately 100 hectares of this land. This woodland will also provide wider benefits to society.  

    The landowner applied for the Woodland Creation Planning Grant (WCPG) and the England Woodland Creation Offer (EWCO) to help fund the project. Over time, the new woodland will: 

    • increase biodiversity 
    • sequester carbon 
    • develop productive stands of broadleaf and conifer species  

    Additionally, the landowner could benefit from private finance through the Woodland Carbon Code (WCC) and timber markets.

    A treemap chart shows the income breakdown of EWCO and WCPG grants. Maintenance: £614,800. Standard costs: £426,800. Woodland infrastructure: £117,700. WCPG: £30,500. Additional contributions – nature recovery: £17,000.

    Woodland Creation Planning Grant (WCPG)  

    Designing new woodland requires bringing together your objectives with the site’s context, suitability; and environmental, economic, and social factors into a UK Forestry Standard (UKFS) compliant plan. This plan helps secure regulatory approval for converting land to woodland.  

    WCPG provides funding to help cover the cost of producing a UKFS compliant woodland creation design. This project received £30,500 in WCPG grant payments. 

    England Woodland Creation Offer (EWCO) 

    EWCO supports the establishment of new woodland by offering financial support for capital costs to plant and protect young trees, costs for maintaining those trees for up to 15 years after planting and installing infrastructure to manage your woodland.  

    The grant recognises the public and environmental benefits that woodlands bring through stackable payments called Additional Contributions. These encourage planting the right tree in the right place for the right reason. 

    This 100+ hectare woodland project will receive £1,206,300 (£11,800 per hectare) in EWCO grant payments over 15 years following initial capital work. This includes standard costs, maintenance payments, Additional Contributions and infrastructure payments. 

    Standard costs for capital work 

    This project received a payment of £426,800 for capital items needed to make the woodland happen – this covers the cost of buying trees and tree tubes, fencing, gates and other essentials, which offsets most of the establishment costs for this woodland. The highest expenses were deer fencing, purchasing and planting a total of 550,000 trees. 

    Maintenance payments 

    The landowner will receive maintenance payments of £400 per hectare for 15 years after planting, totalling £614,800. These payments help with the cost of tree replacement, weeding around the trees and the management of open space within the woodland.  

    Land managers should expect some tree losses in the early years of planting and plan for replacements. Appropriate maintenance and protection will help minimise these losses. For a project of this scale, up to 165,000 replacement trees might be needed in the first few years. 

    Additional contributions 

    EWCO provides extra stackable payments for woodland projects that provide wider benefits to people and the environment. Eligibility depends on the woodland’s design and location.  

    Woodland projects focused on timber production can deliver a range of public benefits. This new woodland qualified for an Additional Contribution for nature recovery benefits. 

    The landowner planted approximately 15 hectares of native woodland within the scheme. Converting semi-improved grassland to native woodland in these areas will improve biodiversity, which qualified for a one-off low nature recovery payment of £17,000.

    Income from timber 

    The demand for wood products in the UK hugely outweighs domestic production. We import over 73% of our timber, which was valued at £9.0 billion in 2022, making the UK the second largest net importer of forest products in the world1. This strong market demand for timber creates income opportunities for woodland owners. 

    This new woodland could generate income from timber in two ways:  

    1. the sale of standing trees, usually via an agent, that is harvested by the buyer 
    2. the sale of timber harvested by the woodland owner and sold as accessible from the roadside 

    This case study focuses on sale of standing timber over a 50-year period. The woodland is expected to produce 115,400m3 of timber through: 

    • regular thinning every 5-years (starting year 14) 
    • a clear fell of 27 hectares of conifer woodland (in year 34) 

    Using an average standing price of £35/m3 for conifer timber, the present value from timber income is estimated to be £1,426,704 (£13,900 per hectare).

    Price assumptions 

    We used £35/m³ based on the average timber price over the last 5 years. Timber prices have the possibility to be higher than assumed in this case study due to the following reasons: 

    • conifer timber prices have increased 200% over the past 20 years 
    • future UK timber demand is expected to remain strong 

    For simplicity, this case study doesn’t account for increasing maintenance costs over time. 

    Income from carbon 

    Carbon markets present an opportunity for landowners to generate more income from their land, by selling the additional carbon that new woodlands will sequester to help mitigate the impacts of climate change.  

    The Woodland Carbon Code (WCC) is the quality assurance standard for UK-based woodland creation projects hoping to generate carbon credits. Woodland creation projects can sell two types of carbon units under the Code:  

    Pending Issuance Units (PIUs)

    These represent estimated future carbon capture. They’re not guaranteed, so can’t be used to report against emissions, but instead allow companies to plan for future offsetting. PIUs convert into WCUs in vintages and at certain points in time, when this occurs the ‘promise’ of future carbon has been verified as converted into actual carbon storage in the woodland. 

    Woodland Carbon Units (WCUs)

    WCUs are verified units that represent one tonne of carbon dioxide that has been sequestered from the atmosphere. Companies purchasing WCUs make statements about their carbon neutrality as soon as they own them. This often results in a higher price per unit than PIUs. These units are independently verified in vintages after planting. 

    Projects under the code must meet a set of requirements, including a financial additionality test. This test must show carbon finance is necessary to make the project viable, and woodland income (without carbon credits) doesn’t exceed current land use income.  

    In this case study, the financial additionality test was passed, woodland creation would generate less income than the existing land use without carbon finance. So, the opportunity to join the voluntary carbon market could be taken up. To find out more about woodland and carbon, read our woodland creation fact sheet.  

    For this case study it has been assumed that all carbon units will be sold upfront as PIUs however, landowners can choose when to sell these units possibly speculating on future carbon price rises.  

    The project was registered and validated under the code and the landowner will verify its progress every 10 years from year 5 onwards, selling all its PIUs up front in Year 5. While landowners can hold credits to potentially benefit from future price increases, this case study assumes all units will be sold upfront as PIUs. 

    Over the first 35 years, the new woodland is likely to deliver over 30,000 WCUs. Using the average price of successful bids at the Woodland Carbon Guarantee auction in 2024 of £25 and assuming upfront sale in year 5 the estimated income from the carbon market is £768,100 (£7,500 per hectare).

    A bar chart shows estimated woodland carbon units (WCUs) for various years. Year 5 estimates 70 WCUs. Year 15: 16,610 WCUs. Year 25: 10,230 WCUs. Year 34: 3,020 WCUs. The total estimates 30,730 WCUs.

    How does this compare to agricultural income?  

    As with any change, there will be some costs associated with the establishment of woodland. For this landowner, who previously used the land for various crops, the main cost is foregone agricultural income. 

    While it’s impossible to predict agricultural income with certainty over a 50-year period, this case study uses the 5-year average Farm Business Income from the annual Farm Business Survey (FBS) for England and Wales to estimate the income foregone.

    An infographic showing the comparison of net income (including agricultural income foregone) and net income (excluding agricultural income foregone).

    Description of Income Income Description of Costs Costs
    WPCG £30,500    
    EWCO standard costs and maintenance payments £884,500 Planting, establishment, and maintenance costs £1,999,700
    EWCO additional contributions £16,500    
    Carbon income £646,700 Woodland Carbon Code costs £4,600
    Net timber income £1,426,700    
        Miscellaneous costs such as insurance £84,100
        Agricultural income forgone 523,000
    Total income £3,004,900 Total costs £2,088,400

    When will this income be seen? 

    While EWCO payments are made up front once planting is completed, followed by 15 years of maintenance, income from timber is realised at different time periods.  

    The table below displays the timeline of net income over a 50-year period. When looking at net income over time it can be determined that this productive forestry site is likely to break even between year 31 and 35 when the highest amount of timber income is received.

    Period Income Costs Net Income
    0-10 £1,560,700 £1,985,000 -£424,300
    10-20 £366,300 £35,600 £330,700
    20-30 £378,300 £25,100 £353,200
    30-40 £800,200 £372,100 £428,000
    40-50 £13,000 £12,300 £700

    Wider benefits of woodland creation  

    Well-managed woodlands can not only offer an additional income stream, but they can also help you cut costs, for example, you could choose to heat buildings with wood fuel harvested from your woodland. Trees offer much more than just commercial benefits and carbon capture: woodlands can support our health and well-being, improve air and water quality, boost biodiversity, protect crops and livestock, prevent nutrient loss and soil erosion, and alleviate flooding.  

    Discover the benefits of planting trees and learn about the positive impact trees can have on your business in our fact sheet: woods mean business.

    Updates to this page

    Published 27 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI Asia-Pac: CE’s advisory body plays vital role

    Source: Hong Kong Information Services

    Businessman Allan Zeman recently accepted reappointment as a member of the Chief Executive’s Council of Advisers for another two years. As a long-standing adviser to consecutive Hong Kong leaders, he says he was motivated to continue his membership by the council’s effectiveness to date as a high-level strategic advisory body.

    He added that he has been deeply impressed by the governance approach taken by Chief Executive John Lee.

    “A few times a year we meet to discuss what Hong Kong needs, (and) the problems that we see – maybe (developments like) I&T (innovation & technology), (and) now where everyone is talking about AI (artificial intelligence).

    “Maybe Hong Kong is lacking in certain areas where we need to catch up. I think he (Mr Lee) is very open-minded and he realises the problems. If you suggest maybe some shortcuts to make things move quicker, he will act on it.“

    Mr Zeman also lavished praise on the Kai Tak Sports Park project, stating that he believes the Government has done an excellent job in constructing what he considers to be one of the best stadiums in the world.

    In addition, he highlighted that Hong Kong has enjoyed significant success in attracting family offices.

    “There (are) approximately 400 to 500 more family offices that within the next four years will be coming to Hong Kong and signing up. That will make Hong Kong actually maybe with 3,100 or 3,200 family offices – we will be number one in the world for family offices.

    “This shows the confidence that people have in Hong Kong. And of course, some of the agencies just came out showing Hong Kong was the third most competitive place in the world. We have moved up to slot number three, which again, is really, really a great achievement. I put this down to John Lee and his management and the style that he has done from the beginning.”

    Since taking office, Mr Lee has led several delegations on trips overseas and to the Mainland. Mr Zeman said these visits will benefit Hong Kong and enhance its profile internationally.

    “I think we are looking at new markets and the ASEAN (Association of Southeast Asian Nations) market which the Chief Executive has led a few delegations to visit. (Also) the Middle East, again, he has led delegations, and also going to Mainland China – Hangzhou and other places. And so really to tell a good Hong Kong story, we now have a really good story to tell.”

    MIL OSI Asia Pacific News –

  • MIL-OSI Africa: Coffee exporters from Africa, the Pacific, Latin America, and Southeast Asia showcase at World of Coffee Geneva 2025


    Download logo

    The International Trade Centre (ITC) is showcasing its longstanding leadership in sustainable coffee development at the Specialty Coffee Association’s World of Coffee – Europe’s largest coffee trade show – hosted for the first time in Geneva from 26–28 June 2025.

    For over two decades, ITC has worked closely with the International Coffee Organization and regional institutions to support coffee value chains and SMEs across Latin America, Africa and Asia. From its flagship publication, The Coffee Guide – now in its fourth edition and widely regarded as the industry reference – to its deep partnerships promoting circular economy and inclusive business models, ITC supports building resilience, competitiveness and sustainable value chains for SME development..

    This year’s presence at the World of Coffee spotlights how ITC is investing in value addition, technical capacity building, regional trade, and youth and women-led entrepreneurship – with a focus on accompanying small and medium-sized enterprises (SMEs) in their efforts to benefit from trade while securing better market access and stronger returns. 

    ITC Executive Director Pamela Coke-Hamilton said: ‘Coffee is more than a commodity – for the many small businesses we support in countries across the world, the ability to improve the quality of their beans, process at origin and meet sustainability requirements in the face of rising climate concerns means they’re able to adapt to changes to tap into new markets and compete at the global level.’

    ICO Executive Director Vanusia Nogueira said: ‘No one can tackle the coffee sector’s challenges alone. We need expertise, funding, capable people and strong partnerships for collective action. The ICO and ITC have worked together for many years, and Pamela and I have deepened this collaboration – going beyond The Coffee Guide to drive calls to action across numerous coffee-producing countries. Together, we’ve supported efforts ranging from EUDR compliance and new field procedures to market access and boosting local consumption – each critical to increasing incomes where coffee is grown.’

    Hon. Bwino Fred Kyakulaga, Uganda’s Minister of State for Agriculture, Animal Industry and Fisheries, said: ‘Uganda reaffirms its ambitious commitment to transform its export trajectory—from $50 billion to $500 billion—through strategic value addition. Coffee will be one of the primary drivers for achieving this target, reinforcing not only our economic competitiveness but also our national transformation agenda. Additionally, the Government of Uganda has set aside $100 million to support investment in the gradual transition of the coffee sector from green bean export to both green bean and soluble coffee exports in a bid to generate more revenue and income for the farmers and the country as a whole.’

    In a separate meeting with ITC Deputy Executive Director Dorothy Tembo and her team, Hon. Bwino explored the possibility of a partnership with ITC focusing on value addition through science and technology transfer for sustainably increased coffee processing production.

    ITC at World of Coffee

    Booth 1359 | Palexpo Geneva | 26–28 June

    At Booth 1359, visitors can taste unique coffees from across the globe, connect directly with producers, and learn how ITC programmes are enabling sustainable and inclusive coffee growth from seed to sip.

    ITC will also co-host national booths with coffee sector stakeholders from:

    • Booth 1359: Democratic Republic of the Congo, Ethiopia, Ghana 

    • Booth 2469: Burundi

    • Booth 2365: Kenya

    • Booth 2531: Lao People’s Democratic Republic 

    • Booth 2467: Papua New Guinea

    • Booth 2271: Rwanda

    • Booth 2377: United Republic of Tanzania

    • Booth 2371: Uganda

    ITC Programmes represented

    • ITC Window I Trust Fund, related to the development of methodologies associated with accompanying SMEs in the green transition

    • European Union-East African Community Market Access Upgrade Programme (MARKUP) II, funded by the EU, will support over 40 coffee companies from East Africa to exhibit and engage with buyers.

    • African, Caribbean and Pacific Group of States (ACP) Business-Friendly, funded by the EU and Organisation of African, Caribbean and Pacific States, empowers small businesses through value addition, circular economy and trade development.

    • Netherlands Trust Fund V, funded by the Government of the Netherlands, supports coffee producers in Ethiopia, Ghana, and Senegal to grow exports and secure livelihoods.

    • United Kingdom Trade Partnerships Programme (UKTP), funded by the Foreign, Commonwealth and Development Office of the United Kingdom of Great Britain and Northern Ireland, aims to increase trade from developing countries to the United Kingdom and the European Union by maximizing the benefits of respective Economic Partnership Agreements and the United Kingdom’s Developing Countries Trading Scheme. 

    Distributed by APO Group on behalf of International Trade Centre.

    MIL OSI Africa –

  • MIL-OSI: NBPE – May Monthly Net Asset Value Estimate

    Source: GlobeNewswire (MIL-OSI)

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

    NBPE Announces May Monthly NAV Estimate

    St Peter Port, Guernsey 27 June 2025

    NB Private Equity Partners (NBPE), the $1.2bn1, FTSE 250, listed private equity investment company managed by Neuberger Berman, today announces its 31 May 2025 monthly NAV estimate.

    NAV Highlights (31 May 2025)

    • NAV per share was $27.24 (£20.20), a total return of (0.2%) in the month
    • Approximately 98% of fair value based on private company valuation information as of Q1 2025 or based on 31 May 2025 quoted prices
    • Based on information received, private company valuations decreased in fair value by (0.4%) during Q1 2025 on a constant currency basis
    • $285 million of available liquidity at 31 May 2025
    • ~51k shares repurchased (~$1 million) during May 2025 at a weighted average discount of 30% which was accretive to NAV by ~$0.01 per share. Year-to-date, NBPE has repurchased ~738k shares (~$14 million) at a weighted average discount of 29% which was accretive to NAV by ~$0.11 per share
    As of 31 May 2025 Year to Date One Year 3 years 5 years 10 years
    NAV TR (USD)*
    Annualised    		 0.7% 2.5% 2.0%
    0.7%    		 85.8%
    13.2%    		 157.2%
    9.9%
    MSCI World TR (USD)*
    Annualised    		 5.2% 14.2% 47.1%
    13.7%    		 98.7%
    14.7%    		 171.5%
    10.5%
               
    Share price TR (GBP)*
    Annualised    		 (7.9%) (7.2%) 7.9%
    2.6%    		 102.0%
    15.1%    		 179.4%
    10.8%
    FTSE All-Share TR (GBP)*
    Annualised    		 4.1% 8.6% 26.8%
    9.4%    		 69.0%
    11.1%    		 80.7%
    6.1%

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

    Portfolio Update to 31 May 2025

    NAV performance during the month driven by:

    • 0.6% NAV decrease ($8 million) in the value of private holdings
    • 0.6% NAV increase ($8 million) attributable to changes in prices of quoted holdings (which now constitute 6% of portfolio fair value)
    • Immaterial impact on NAV from FX changes
    • 0.2% NAV decrease ($3 million) attributable to expense accruals

    $66 million of realisations in 2025 year to date

    • $8 million of proceeds received during the month of May

    $285 million of total liquidity at 31 May 2025

    • $75 million of cash and liquid investments with $210 million of undrawn credit line available

    2025 Share Buybacks

    • ~51k shares repurchased in May 2025 at a weighted average discount of 30%; buybacks were accretive to NAV by ~$0.01 per share
    • Year-to-date, NBPE has repurchased ~738k shares at a weighted average discount of 29% which were accretive to NAV by ~$0.11 per share

    Portfolio Valuation

    The fair value of NBPE’s portfolio as of 31 May 2025 was based on the following information:

    • 6% of the portfolio was valued as of 31 May 2025
      • 6% in public securities
    • 92% of the portfolio was valued as of 31 March 2025
      • 92% in private direct investments
    • 2% of the portfolio was valued as of 31 December 2024
      • 2% in private direct investments

    For further information, please contact:

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

    Kaso Legg Communications        +44 (0)20 3882 6644

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

    Supplementary Information (as at 31 May 2025)

    Company Name Vintage Lead Sponsor Sector Fair Value ($m) % of FV
    Action 2020 3i Consumer 83.7 6.7%
    Osaic 2019 Reverence Capital Financial Services 65.5 5.2%
    Solenis 2021 Platinum Equity Industrials 59.8 4.8%
    BeyondTrust 2018 Francisco Partners Technology / IT 47.7 3.8%
    Monroe Engineering 2021 AEA Investors Industrials 44.7 3.6%
    Business Services Company* 2017 Not Disclosed Business Services 40.6 3.2%
    Branded Cities Network 2017 Shamrock Capital Communications / Media 37.4 3.0%
    True Potential 2022 Cinven Financial Services 34.4 2.7%
    Mariner 2024 Leonard Green & Partners Financial Services 33.7 2.7%
    FDH Aero 2024 Audax Group Industrials 32.9 2.6%
    Marquee Brands 2014 Neuberger Berman Consumer 31.6 2.5%
    GFL (NYSE: GFL) 2018 BC Partners Business Services 30.6 2.4%
    Auctane 2021 Thoma Bravo Technology / IT 29.1 2.3%
    Fortna 2017 THL Industrials 28.7 2.3%
    Staples 2017 Sycamore Partners Business Services 27.7 2.2%
    Viant 2018 JLL Partners Healthcare 27.3 2.2%
    Stubhub 2020 Neuberger Berman Consumer 26.4 2.1%
    Engineering 2020 NB Renaissance / Bain Capital Technology / IT 26.3 2.1%
    Agiliti 2019 THL Healthcare 25.3 2.0%
    Kroll 2020 Further Global / Stone Point Financial Services 25.0 2.0%
    Benecon 2024 TA Associates Healthcare 24.7 2.0%
    Solace Systems 2016 Bridge Growth Partners Technology / IT 24.6 2.0%
    Excelitas 2022 AEA Investors Industrials 24.1 1.9%
    Exact 2019 KKR Technology / IT 23.2 1.9%
    CH Guenther 2021 Pritzker Private Capital Consumer 21.2 1.7%
    Addison Group 2021 Trilantic Capital Partners Business Services 19.9 1.6%
    Constellation Automotive 2019 TDR Capital Business Services 19.5 1.6%
    Bylight 2017 Sagewind Partners Technology / IT 19.1 1.5%
    Tendam 2017 PAI Consumer 19.0 1.5%
    Real Page 2021 Thoma Bravo Technology / IT 18.8 1.5%
    Total Top 30 Investments                             $972.5 77.5%

    *Undisclosed company due to confidentiality provisions.

    Geography % of Portfolio
    North America 77%
    Europe 22%
    Asia / Rest of World 1%
    Total Portfolio 100%
       
    Industry % of Portfolio
    Tech, Media & Telecom 22%
    Consumer / E-commerce 22%
    Industrials / Industrial Technology 17%
    Financial Services 14%
    Business Services 11%
    Healthcare 9%
    Other 4%
    Energy 1%
    Total Portfolio 100%
       
    Vintage Year % of Portfolio
    2016 & Earlier 10%
    2017 16%
    2018 14%
    2019 14%
    2020 13%
    2021 18%
    2022 5%
    2023 2%
    2024 8%
    Total Portfolio 100%

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

    LEI number: 213800UJH93NH8IOFQ77

    About Neuberger Berman
    Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $515 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman’s investment philosophy is founded on active management, fundamental research and engaged ownership. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of March 31, 2025.

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

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

    1Based on net asset value.

    Attachment

    The MIL Network –

  • Trump says deal signed with China, hints at ‘great deal’ coming up with India

    Source: Government of India

    Source: Government of India (4)

    US President Donald Trump said on Thursday (US local time) that America has signed a deal with China and hinted that a “very big” deal with India will follow soon.

    Trump made the remarks while speaking at the Big Beautiful Bill event.

    In his speech hinting towards trade deals, Trump said, “Everybody wants to make a deal and have a part of it. Remember a few months ago, the press was saying, ‘You really have anybody of any interest? Well, we just signed with China yesterday. We are having some great deals. We have one coming up, maybe with India. Very big one. Where we’re going to open up India, in the China deal, we are starting to open up China.”

    Trump asserted that deals will not be made with every other nation.

    “We’re not going to make deals with everybody. Some we are just going to send them a letter, say thank you very much. You are to pay 25, 35, 45 per cent. That’s the easy way to do it, and my people don’t want to do it that way. They want to do some of it, but they want to make more deals than I would do,” he said.”

    “But we’re having some great deals. We have one coming up, maybe with India. Very big one. Where we’re going to open up India, in the China deal, we’re starting to open up China. Things that never really could have happened, and the relationship with every country has been very good” he added.

    However, Trump did not elaborate on the details of the deal signed with China.

    Earlier in June, CNN reported that the United States and China reached a new trade agreement, reviving terms first agreed to in Geneva last month, after escalating tensions led to a virtual halt in bilateral trade.

    The trade truce had brought temporary relief to global markets, businesses, and consumers rattled by months of tariff hikes and growing uncertainty.

    President Donald Trump announced on Truth Social previously that the “deal” was complete, confirming that both countries would ease export restrictions. “Our deal with China is done,” Trump posted in all-caps, stating that China would supply “full magnets, and any necessary rare earths…up front,” as per the Geneva framework.

    Earlier this month, while speaking at the US-India Strategic Partnership Forum, US Secretary of Commerce Howard Lutnick said that a trade deal between India and the United States could be finalised soon, with both countries finding common ground that suits their interests.

    “I think to be in a very, very good place, and you should expect a deal between the United States and India in the not-too-distant future because I think we found a place that really works for both countries.”

    When asked if he was hopeful about the outcome, Lutnick said he was “very optimistic,” and added, “It could be sort of the way I come across,” he said.

    Meanwhile, on June 10, Union Commerce and Industry Minister Piyush Goyal said that India and the US were in the process of negotiating a fair and equitable trade agreement that will benefit both economies.

    Addressing a press conference over India-US trade deal and Future trade agreement with the European Union, Piyush Goyal said, “PM Narendra Modi and US President Trump met in February 2025…Both our leaders have decided to enter into a bilateral trade agreement which will be mutually beneficial for both the economies, businesses on both sides and the people of both countries. We are negotiating to make a nice, fair, equitable and balanced agreement to promote business.”

    Highlighting that both America and India are “very close friends, allies and strategic partners”, Piyush Goyal said that the trade deal is an opportunity to expand bilateral trade and strengthen the partnership between the two nations.

    (ANI)

  • Trump says deal signed with China, hints at ‘great deal’ coming up with India

    Source: Government of India

    Source: Government of India (4)

    US President Donald Trump said on Thursday (US local time) that America has signed a deal with China and hinted that a “very big” deal with India will follow soon.

    Trump made the remarks while speaking at the Big Beautiful Bill event.

    In his speech hinting towards trade deals, Trump said, “Everybody wants to make a deal and have a part of it. Remember a few months ago, the press was saying, ‘You really have anybody of any interest? Well, we just signed with China yesterday. We are having some great deals. We have one coming up, maybe with India. Very big one. Where we’re going to open up India, in the China deal, we are starting to open up China.”

    Trump asserted that deals will not be made with every other nation.

    “We’re not going to make deals with everybody. Some we are just going to send them a letter, say thank you very much. You are to pay 25, 35, 45 per cent. That’s the easy way to do it, and my people don’t want to do it that way. They want to do some of it, but they want to make more deals than I would do,” he said.”

    “But we’re having some great deals. We have one coming up, maybe with India. Very big one. Where we’re going to open up India, in the China deal, we’re starting to open up China. Things that never really could have happened, and the relationship with every country has been very good” he added.

    However, Trump did not elaborate on the details of the deal signed with China.

    Earlier in June, CNN reported that the United States and China reached a new trade agreement, reviving terms first agreed to in Geneva last month, after escalating tensions led to a virtual halt in bilateral trade.

    The trade truce had brought temporary relief to global markets, businesses, and consumers rattled by months of tariff hikes and growing uncertainty.

    President Donald Trump announced on Truth Social previously that the “deal” was complete, confirming that both countries would ease export restrictions. “Our deal with China is done,” Trump posted in all-caps, stating that China would supply “full magnets, and any necessary rare earths…up front,” as per the Geneva framework.

    Earlier this month, while speaking at the US-India Strategic Partnership Forum, US Secretary of Commerce Howard Lutnick said that a trade deal between India and the United States could be finalised soon, with both countries finding common ground that suits their interests.

    “I think to be in a very, very good place, and you should expect a deal between the United States and India in the not-too-distant future because I think we found a place that really works for both countries.”

    When asked if he was hopeful about the outcome, Lutnick said he was “very optimistic,” and added, “It could be sort of the way I come across,” he said.

    Meanwhile, on June 10, Union Commerce and Industry Minister Piyush Goyal said that India and the US were in the process of negotiating a fair and equitable trade agreement that will benefit both economies.

    Addressing a press conference over India-US trade deal and Future trade agreement with the European Union, Piyush Goyal said, “PM Narendra Modi and US President Trump met in February 2025…Both our leaders have decided to enter into a bilateral trade agreement which will be mutually beneficial for both the economies, businesses on both sides and the people of both countries. We are negotiating to make a nice, fair, equitable and balanced agreement to promote business.”

    Highlighting that both America and India are “very close friends, allies and strategic partners”, Piyush Goyal said that the trade deal is an opportunity to expand bilateral trade and strengthen the partnership between the two nations.

    (ANI)

  • MIL-OSI Australia: Invitations to Economic Reform Roundtable and opening of consultation

    Source: Australian Parliamentary Secretary to the Minister for Industry

    Today we’re issuing more invitations to the Government’s Economic Reform Roundtable.

    The Roundtable is an important opportunity to build consensus for long term economic reform.

    This initial group includes leading voices from business, unions, the community sector and our key economic institutions.

    This is a representative group that we’re asking to provide ideas and build and advance consensus around them.

    Each participant will play an important role in helping to shape our national reform priorities to boost productivity, strengthen our resilience and improve budget sustainability.

    More invitations will be issued in tranches and in due course, as the agenda takes shape.

    We will bring additional stakeholders, experts and representative groups to the Roundtable, including for specific days, sessions and topics.

    There will also be opportunities outside of the Roundtable to contribute ideas to this reform process.

    We know there’s broad interest and engagement in the Roundtable, including from the states and crossbench, and we will have more to say about their involvement.

    Today we are also opening the public consultation process for the Roundtable.

    People and organisations can submit proposals and ideas through the Treasury website.

    We welcome proposals to improve productivity, build economic resilience in the face of global uncertainty, and strengthen budget sustainability that meet three important preconditions:

    • Ideas should be in the national interest.
    • Ideas or packages of ideas should be budget neutral at a minimum but preferably budget positive.
    • Ideas should be specific and practical.

    Submissions close 25 July 2025.

    Economic Reform Roundtable invitations issued today

    Danielle Wood, Chair, Productivity Commission

    Sally McManus, Secretary, Australian Council of Trade Unions

    Michele O’Neil, President, Australian Council of Trade Unions

    Liam O’Brien*, Assistant Secretary, Australian Council of Trade Unions

    Joseph Mitchell*, Assistant Secretary, Australian Council of Trade Unions

    Bran Black, Chief Executive Officer, Business Council of Australia

    Andrew McKellar, Chief Executive Officer, Australian Chamber of Commerce and Industry

    Innes Willox, Chief Executive Officer, Australian Industry Group

    Matthew Addison, Chair, Council of Small Business Organisations of Australia

    Cassandra Goldie, Australian Council of Social Service

    *These participants will attend as alternates for the Secretary and President of the ACTU.

    MIL OSI News –

  • MIL-OSI Australia: Invitations to Economic Reform Roundtable and opening of consultation

    Source: Australian Parliamentary Secretary to the Minister for Industry

    Today we’re issuing more invitations to the Government’s Economic Reform Roundtable.

    The Roundtable is an important opportunity to build consensus for long term economic reform.

    This initial group includes leading voices from business, unions, the community sector and our key economic institutions.

    This is a representative group that we’re asking to provide ideas and build and advance consensus around them.

    Each participant will play an important role in helping to shape our national reform priorities to boost productivity, strengthen our resilience and improve budget sustainability.

    More invitations will be issued in tranches and in due course, as the agenda takes shape.

    We will bring additional stakeholders, experts and representative groups to the Roundtable, including for specific days, sessions and topics.

    There will also be opportunities outside of the Roundtable to contribute ideas to this reform process.

    We know there’s broad interest and engagement in the Roundtable, including from the states and crossbench, and we will have more to say about their involvement.

    Today we are also opening the public consultation process for the Roundtable.

    People and organisations can submit proposals and ideas through the Treasury website.

    We welcome proposals to improve productivity, build economic resilience in the face of global uncertainty, and strengthen budget sustainability that meet three important preconditions:

    • Ideas should be in the national interest.
    • Ideas or packages of ideas should be budget neutral at a minimum but preferably budget positive.
    • Ideas should be specific and practical.

    Submissions close 25 July 2025.

    Economic Reform Roundtable invitations issued today

    Danielle Wood, Chair, Productivity Commission

    Sally McManus, Secretary, Australian Council of Trade Unions

    Michele O’Neil, President, Australian Council of Trade Unions

    Liam O’Brien*, Assistant Secretary, Australian Council of Trade Unions

    Joseph Mitchell*, Assistant Secretary, Australian Council of Trade Unions

    Bran Black, Chief Executive Officer, Business Council of Australia

    Andrew McKellar, Chief Executive Officer, Australian Chamber of Commerce and Industry

    Innes Willox, Chief Executive Officer, Australian Industry Group

    Matthew Addison, Chair, Council of Small Business Organisations of Australia

    Cassandra Goldie, Australian Council of Social Service

    *These participants will attend as alternates for the Secretary and President of the ACTU.

    MIL OSI News –

  • MIL-OSI China: Sino-German cooperation deepens in smart manufacturing

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

    As China emerges as a global hub for smart manufacturing and technological innovation, German companies are ramping up their presence and partnerships in the country, moving beyond traditional technology transfer to embrace joint R&D and ecosystem-level collaboration.

    At the Sino-German Smart Manufacturing Matchmaking Conference held from Tuesday to Thursday in Hefei, east China’s Anhui Province, nearly 100 German enterprises — including industry leaders like BMW and Siemens — gathered to explore new opportunities, signaling a renewed momentum in bilateral industrial cooperation.

    The three-day conference included field visits, matchmaking sessions and in-depth exchanges, resulting in 28 trade and investment deals worth over 6.8 billion yuan (about 949.46 million U.S. dollars). These covered a wide range of sectors, from new energy and intelligent connected vehicles to high-end equipment, life sciences, environmental protection, and artificial intelligence.

    For Helmut Heuser, managing director of Wurth Electronic ICS (Shenyang) Co., Ltd., it was already his third trip to Anhui this year — a province now widely recognized for its high-tech orientation and smart manufacturing strengths.

    “This region’s automotive industry and innovation capabilities are booming,” said Heuser. “We hope to gain new customers, discover new market possibilities, and seize fresh opportunities here.”

    His company has already provided battery management systems and smart controllers for several Chinese companies, including Anhui-based auto giant JAC Motors, and is collaborating in fields like industrial robotics to co-develop new intelligent solutions.

    As China’s innovation engine gathers strength, Sino-German cooperation is evolving from one-way technology import into a model of joint innovation and mutual empowerment, offering a collaborative blueprint for global smart manufacturing.

    “We are cooperating for decades and decades in the past 40 years. It was very successful, mainly because German companies brought a lot of technology here and support the Chinese companies to upgrade,” said Maximilian Butek, executive director and board member of the German Chamber of Commerce in China, the east China region.

    However, he noted that the two sides are now engaged in a different game, as Chinese enterprises and talent are demonstrating strong innovation potential, attracting many German companies to carry out R&D in China and export technologies to the global market.

    According to the 2024/2025 Business Confidence Survey by the German Chamber of Commerce in China, 92 percent of member companies plan to stay in China, and about half intend to increase their investment over the next two years.

    This long-term commitment reflects not only confidence in the Chinese market, but also recognition of the country’s growing innovation capacity.

    In fact, 55 percent of German companies operating in China expect their Chinese counterparts to become innovation leaders in their industries within the next five years, and nearly half of the surveyed firms plan to enhance competitiveness through partnerships with Chinese players.

    German high-tech firm Trumpf Group, a century-old leader in machine tools and laser technology, has seen rapid growth in China since entering the market in 2000. It has also deepened cooperation with local partners in advancing manufacturing digitization.

    “In the new energy vehicle sector alone, over 2,000 processes require lasers. For example, copper and aluminum alloys — key materials in power batteries — are highly reflective and can create welding splashes that pose safety risks,” said Yang Gang, president of Trumpf Group (China). “By working with Chinese partners, we’ve developed processes to suppress splatter and overcome these technical bottlenecks.”

    Sino-German cooperation is now scaling from individual projects to ecosystem-level coordination, encompassing shared technologies, harmonized standards, and integrated production capacity.

    Reflecting this growing momentum, earlier this year BMW deepened its local AI ecosystem by integrating DeepSeek, following its strategic partnership with Alibaba in large language models. In June, the Sino-German Standardization Innovation Center was officially launched, aiming to produce more joint standardization outcomes in smart manufacturing and beyond.

    Meanwhile, Feiwo Technology signed a strategic cooperation agreement with German aerospace parts manufacturer Heggemann, combining China’s cost-efficiency and Germany’s lean production expertise to jointly develop core aircraft components.

    Smart manufacturing has been identified as a national priority in China. And international cooperation — particularly with Germany, a long-time industrial partner — plays a crucial role in driving technological advancement and industrial upgrading.

    In the face of growing global uncertainties, many German companies noted that Sino-German cooperation in smart manufacturing is expected to generate mutual benefits and contribute to greater stability in global supply chains.

    “Sino-German cooperation offers mutual benefits,” said Heuser. “For China, it is access to German industrial know-how and EU market pathways. For Germany, it is faster innovation cycles and access to China’s vast data resources. Together, we believe we can set global benchmarks for Industry 4.0, combining Germany’s quality-first approach with China’s speed-to-market advantage.” 

    MIL OSI China News –

  • MIL-OSI Russia: Experts from the capital’s consumer portal gave recommendations for online shopping

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Online shopping has become an integral part of city residents’ lives. It can be done at any time of the day, it allows you to save time on going to the store, and also choose goods from a wider range and often at lower prices than in retail outlets. But despite the obvious advantages of distance selling, it also has disadvantages – often purchases are not delivered on time, and the quality of the purchased goods does not meet expectations. Experts capital consumer portalgave simple recommendations on what to pay attention to when shopping online, how to defend your rights and avoid falling for the tricks of scammers.

    “When choosing and paying for food, clothing, footwear or medicines on the websites of stores and marketplaces, a number of features should be taken into account. They are described in detail in the materials of the capital’s consumer portal. Step-by-step instructions are also published here to help return goods and protect consumer rights in the event of disputes. For the convenience of city residents, all thematic materials are collected in the “Remote Selling” section. In addition, you can quickly find the expert’s advice you need by entering a query in the search bar,” the press service of the capital said.

    Department of Information Technology.

    What You Need to Know About Online Trading

    The main feature of distance selling is that the buyer cannot examine the product in person before purchasing it. Therefore, the seller is obliged to provide information about its main consumer properties on their website, by phone or in other information materials (catalogs, brochures, photographs, etc.). In addition, the buyer must know the form and methods of filing claims, the procedure and terms for returning the product. You can read more about the nuances of online trading in of this publication.

    It happens that the delivered item does not look the same in reality as in the catalog on the store’s website or on the product card of the marketplace, or does not fit in color, appearance or size. This may apply to both shoes and clothes, as well as household goods. In this case, the consumer has the right to return a product of proper quality within seven days of receipt. It is important that the item retains its presentation and consumer properties. In this case, the seller may retain the costs of return shipping. And if the buyer receives a defective product, the seller is obliged to bear the costs of its transportation. Experts spoke about other details of the purchase return procedure in in this material.

    You can buy not only things online, but also over-the-counter medicines and dietary supplements (DS). However, buying these products requires a particularly careful approach to avoid possible risks. Thus, it is important to remember that the sale of drugs via the Internet is carried out by pharmacies that have had a license for at least one year and have the appropriate permission from the Federal Service for Surveillance in Healthcare. Individual entrepreneurs do not have the right to sell drugs online.

    When receiving medications, it is worth examining the packaging, checking its integrity and the presence of markings. And in order to safely purchase dietary supplements online, you need to make sure that the product has a state registration certificate. You can check this on the Rospotrebnadzor website in the section “Register of State Registration Certificates”. What else is important to pay attention to when buying medicines and dietary supplements online is explained in this expert article, and also in thematic video.

    How to protect your rights when shopping online

    You can encounter fraud and dishonesty of sellers in online trading on resources for posting ads. Experts advise using a simple algorithm of actions to protect yourself and your funds when ordering goods through marketplaces. For example, you should not communicate with the seller outside the trading platform via instant messengers, and you must pay for goods or services only through the payment services offered by the selected Internet platform. To protect the consumer from financial losses, funds are blocked until the purchase is received. The trading platform sends them to the seller only when the customer receives the order.

    If after paying for the goods there are controversial situations with the seller, which he refuses to resolve by oral appeal, the consumer has the right to make a written claim. The procedure in such a case is described in the article “Pre-trial procedure for resolving disputes on consumer rights protection issues”. You can file a claim using ready templateon the portal.

    Consumer portal was created in 2022 by the Moscow Government and the Moscow Office of Rospotrebnadzor. The resource contains more than 230 materials: articles, instructions, memos, webinars, and expert interviews. In addition to practical recommendations from experts, the publications contain the names of relevant regulations that can be relied on when communicating with legal entities or individual entrepreneurs to protect consumer rights.

    You can also get advice on consumer rights protection issues by calling the 24-hour hotline of the Rospotrebnadzor Administration for the city of Moscow: 7 495 539-36-96.

    The creation and support of information security tools, as well as counteracting cyber fraud, are in line with the objectives of the national project “Data Economy and Digital Transformation of the State”.

    Get the latest news quickly official telegram channel the city of Moscow.

    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.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/155904073/

    MIL OSI Russia News –

  • Nike plans to reduce reliance on China production for US market to soften tariff blow

    Source: Government of India

    Source: Government of India (4)

    Nike said it would cut its reliance on production in China for the U.S. market to mitigate the impact from U.S. tariffs on imports, and forecast a smaller-than-expected drop in first-quarter revenue, sending its shares up 11% in extended trading.

    U.S. President Donald Trump’s sweeping tariffs on imports from key trading partners could add around $1 billion to Nike’s costs, company executives said on a post-earnings call after the sportswear giant topped estimates for fourth-quarter results.

    China, subject to the biggest tariff increases imposed by Trump, accounts for about 16% of the shoes Nike imports into the United States, Chief Financial Officer Matthew Friend said.

    But the company aims to cut the figure to a “high single-digit percentage range” by the end of May 2026 as it reallocates China production to other countries.

    “We will optimize our sourcing mix and allocate production differently across countries to mitigate the new cost headwind into the United States,” he said on a call with investors.

    Consumer goods is one of the most affected areas by the tariff dispute between the world’s two largest economies, but Nike’s executives said they were focused on cutting the financial pain.

    Nike will “evaluate” corporate cost reductions to deal with the tariff impact, Friend said. The company has already announced price increases for some products in the U.S.

    “The tariff impact is significant. However, I expect others in the sportswear industry will also raise prices, so Nike may not lose much share in the U.S.,” said David Swartz, analyst at Morningstar Research.

    RUNNING FINDS ITS FOOTING

    CEO Elliott Hill’s strategy to focus product innovation and marketing around sports is beginning to show some fruit with the running category returning to growth in the fourth quarter after several quarters of weakness.

    Having lost share in the fast-growing running market, Nike has invested heavily in running shoes such as Pegasus and Vomero, while scaling back production of sneakers such as the Air Force 1.

    “Running has performed especially strongly for Nike,” said Citi analyst Monique Pollard, adding that new running shoes and sportswear products are expected to offset the declines in Nike’s classic sneaker franchises at wholesale partner stores.

    Marketing spending was up 15% year-on-year in the quarter. On Thursday, Nike hosted an event in which its sponsored athlete Faith Kipyegon attempted to run a mile in under four minutes.

    Paced by other star athletes in the glitzy and live-streamed from a Paris stadium, Kipyegon fell short of the goal but set a new unofficial record.

    Nike forecast first-quarter revenue to fall in the mid-single digits, slightly better than analysts’ expectations of a 7.3% drop, according to data compiled by LSEG.

    Its fourth-quarter sales fell 12% to $11.10 billion, but still beat estimates of a 14.9% drop to $10.72 billion.

    China continued to be a pain point, with executives saying a turnaround in the country will take time as Nike contends with tougher economic conditions and competition.

    The company’s inventory was flat year-over-year at $7.5 billion as of May 31.

    (Reuters)

     

  • MIL-OSI USA: Grassley Presses U.S. Postal Service to Improve Service, Address Long-Term Viability Concerns Following Outreach from Iowans

    US Senate News:

    Source: United States Senator for Iowa Chuck Grassley

    WASHINGTON – Sen. Chuck Grassley (R-Iowa) wrote to the United States Postal Service (USPS) about concerns the institution is not fulfilling its service mission and sustaining financial self-sufficiency through its policies. Iowans from across the state have contacted Grassley’s office this year to share their challenges with the mail, prompting Grassley to take action. New Postmaster General David Steiner is anticipated to formally join USPS in July. 

    “I often hear from postal customers that they are facing issues with sending and receiving their mail in a timely and reliable manner. In addition, businesses that utilize the postal service for the delivery of market dominant products are facing postage rate price hikes that are impacting business operations and causing companies to decrease mailing volume,” Grassley wrote. 

    Specifically, Iowans have reported issues with bills and checks not being delivered on time, missing mail and increased delays in mail pickup. Businesses reported challenges maintaining mail volumes given dramatic rate increases of more than 50% and poor handling of packages.  

    “Delivering to every corner of the United States is no small feat, and I applaud the dedicated postal workers that serve their communities daily and USPS for the successes of decreasing its projected losses. That said, USPS must not let the quality of its service decline as reforms to achieve stronger financial footing are considered and implemented,” Grassley continued. 

    Grassley noted that, in addition to quality service, USPS must focus on long-term viability to continue serving the American people for another 250 years and beyond. He is encouraging the agency to take an innovative approach to rightsize the institution, as well as support flexibility when reforms are not working. 

    Background:

    Unlike regular federal agencies, USPS does not receive congressionally appropriated funding. Instead, it’s self-financed with revenue from postage, packages and shipping. For many years, USPS has faced a significant decline in first-class mail volume and has operated with revenue losses. 

    Previous administrations, lawmakers and government watchdogs have recommended reforms to strengthen the Postal Service’s ability to modernize its operations, uphold commitments to its workforce and maintain its fundamental mission of universal service. 

    Text of the letter can be found HERE and below. 

    June 26, 2025 

    Ms. Amber F. McReynolds
    Chair, Board of Governors
    United States Postal Service
    475 L’Enfant Plaza, SW 
    Washington, DC 20260 

    Dear Ms. McReynolds and members of the Board of Governors, 

    As the United States Postal Service (USPS) approaches 250 years of its establishment as an institution that serves the American people, I write to you with skepticism that the institution is delivering on its mission. I often hear from postal customers that they are facing issues with sending and receiving their mail in a timely and reliable manner. In addition, businesses that utilize the postal service for the delivery of market dominant products are facing postage rate price hikes that are impacting business operations and causing companies to decrease mailing volume. 

    I have been a partner of the USPS to ensure that it remains self-sufficient and, as advised by USPS, direct Iowans to the proper channels to seek remedies for the problems they face. Though, the persistence of issues with USPS’s services remains. For example, so far in 2025, no fewer than two dozen Iowans have contacted me outlining the challenges they are having with bills and checks being delivered on time, mail missing, and increased duration of mail pickup and delivery times. These issues are not location specific and span across every congressional district in Iowa. Additionally, I have heard from businesses about difficulties in maintaining mail volumes given the dramatic rate increases of more than 50% on USPS market dominant products, or that there is poor handling of packages and improper planning to satisfy shipping demand. Further, changes to rural delivery are impacting postal workers and customers alike. 

    In Congress, we often hear from USPS leaders that the legislative branch tends to hinder USPS’s ability to adapt to address the challenges it faces because members and the American people do not want any change to how USPS operates. While there may be some truth to that as change is often met with resistance, the initial years of the implementation of USPS’ self-help “Delivering for America Plan,” has not demonstrated that USPS is striking a needed balance of financial self-sufficiency and quality service. Delivering to every corner of the United States is no small feat, and I applaud the dedicated postal workers that serve their communities daily and USPS for the successes of decreasing its projected losses. That said, USPS must not let the quality of its service decline as reforms to achieve stronger financial footing are considered and implemented. 

    I recognize the challenges USPS faces and understand that given the advent of the internet and competition with other entities, there has been a considerable decrease in mail volume which has impacted the Postal Service’s operations and bottom line. The need for innovation is apparent. It appears that efforts, such as recovering market dominant revenue, are in practice facilitating counterproductive outcomes. The long-term viability of USPS ought to be the focus, so the institution remains to serve the American people for another 250 plus years. 

    As the USPS awaits to formally welcome Mr. David Steiner as the new Postmaster General; I strongly encourage you and Mr. Steiner to be innovative in the approaches to right size the institution as well as flexible when reforms are not working to ensure that it fulfills its mission successfully. Americans depend on it. 

    Sincerely, 

    Chuck Grassley 

    United States Senator 

    MIL OSI USA News –

  • MIL-OSI USA: New Hampshire Delegation Announces $900K Investment for NH Manufacturing Sector

    US Senate News:

    Source: United States Senator for New Hampshire Jeanne Shaheen

    (Washington, DC) – Today, U.S. Senators Jeanne Shaheen (D-NH)—a top member and former chair of the U.S. Senate Appropriations Subcommittee on Commerce, Justice, Science and Related Agencies that funds the National Institute of Standards and Technology (NIST)—and Maggie Hassan (D-NH) announced with U.S. Representatives Chris Pappas (NH-01) and Maggie Goodlander (NH-02) that the New Hampshire Manufacturing Extension Partnership (NH MEP) will receive $924,376 in funding from NIST to help New Hampshire’s small and medium-sized manufacturers fully participate in the Manufacturing Extension Partnership (MEP) National Network National Supply Chain Optimization and Intelligence Network.

    “Investing in American manufacturing is critical in order to grow our economy, advance American national security and out build competitors, like China,” said Senator Shaheen. “New Hampshire is a small business state, and this funding will help ensure that Granite State manufacturers have the support they need to drive that progress. MEPs are proven winners that bolster our economy, generate growth and support good-paying jobs in Granite State communities. I’ll continue working to secure investment in them.”

    “When Granite Staters are given a fair shot and the freedom to compete and thrive, there’s no limit to what they can do, and the NH Manufacturing Extension Partnership provides vital technical support and assistance that help manufacturers succeed,” said Senator Hassan. “Thanks to the advocacy of the leaders of New Hampshire MEP, we overcame attempts by the Trump Administration to dismantle the Manufacturing Extension Partnership in New Hampshire and across the country and got this funding restored. I look forward to continuing to get New Hampshire’s small businesses the support that they need.”

    “Smart investments in American manufacturing can grow our economy, create jobs, increase our global competitiveness, and bolster national security. The Manufacturing Extension Partnership National Network is one effective way we do this,” said Congressman Pappas. “This funding will support their work to help small and medium-sized New Hampshire manufacturers make more products and create more good-paying jobs in our state. I’ll always support investing in American innovation and manufacturing.”

    “Today is a good day for the future of manufacturing in New Hampshire,” said Congresswoman Goodlander. “The federal funding we are announcing today for New Hampshire manufacturers is going to strengthen the economic and national security of hardworking people across our state. I’ve been on the frontlines of the fight to protect and strengthen the Manufacturing Extension Partnership because in the midst of lawless and costly trade wars that threaten to put small businesses out of business, these investments will actually bring good paying manufacturing jobs back to New Hampshire.”

    The CHIPS and Science Act, which Shaheen, Hassan and Pappas supported, created the National Supply Chain Optimization and Intelligence Network, a supply chain and manufacturing resiliency initiative designed to assist small and medium-sized manufacturers build resilient, local supply chains and strengthen manufacturing capabilities. The MEP National Network helps manufacturers to meet critical needs, ranging from process improvement and workforce development to specialized business practices, including supply chain integration, innovation, and technology transfer.

    Since 1988, MEP has worked with over 150,000 manufacturers, leading to nearly $150 billion in sales, creating or retaining more than 1.6 million jobs, and saving firms nearly $31.6 billion. In the past year alone, firms assisted by MEP served as critical parts of our defense industrial base supply chain, made innovations in hazardous waste removal for the industries that power American energy production and invested in workforce development programming and certifications.

    During an Appropriations Committee hearing earlier this month, Shaheen raised concerns over U.S. Commerce Secretary Howard Lutnick’s plans to eliminate the Manufacturing Extension Partnership, noting that in Fiscal Year 2023, every dollar of federal investment in the program generated $24.60 in new sales growth and $27.50 in new client investment.

    Goodlander and Pappas have been advocating to protect NH MEP funding in the House since potential cuts were first announced in April of this year. Goodlander and Pappas sent a letter to the Trump Administration urging support for domestic manufacturers in New Hampshire and across the country in the wake of the Trump Administration’s move to end contracts for 10 Manufacturing Extension Partnership programs. They also urged Chairman Rogers and Ranking Member Meng to support NH MEP funding in the FY26 Commerce, Justice, Science, and Related Agencies appropriations bill.

    MIL OSI USA News –

  • MIL-OSI USA: Ernst Announces Special Guest at Entrepreneur Expo

    US Senate News:

    Source: United States Senator Joni Ernst (R-IA)

    Published: June 26, 2025

    SBA Administrator Kelly Loeffler to participate in the 3rd annual event.

    WASHINGTON – U.S. Senator Joni Ernst (R-Iowa), chair of the Senate Committee on Small Business and Entrepreneurship, is announcing that she will host Small Business Administration (SBA) Administrator Kelly Loeffler as a featured speaker at her upcoming Entrepreneur Expo.
    The third annual event, which will take place at Iowa State University on Tuesday, August 12, will provide Iowa small businesses an unparalleled chance to learn about opportunities across the federal marketplace with networking and hands-on instruction.
    “Administrator Loeffler has been a leading champion for Iowa small businesses in Washington,” said Ernst. “I have worked hand in hand with her and the Trump administration to Make Main Street Great Again. Her expertise is part of the invaluable knowledge attendees will gain from my Expo to ensure that small businesses can not only compete but thrive in the federal marketplace.”
    “I’m thrilled to be part of this year’s Entrepreneur Expo led by Senator Ernst, and to work with her as Chair of the Senate Small Business Committee,” said Loeffler. “President Trump knows that small businesses are our nation’s economic and innovation engine. This Administration is returning the focus to Main Streets in Iowa and across America to ensure they have the resources they need to succeed.”
    Click here to learn more and RSVP for the event.
    Background:
    Last year, 40 federal and state entities came to Ernst’s Expo to connect with small businesses on opportunities in federal contracting and innovation programs.
    Hundreds of Iowans attended Ernst’s 2023 Expo, which featured 31 federal and state entities.

    MIL OSI USA News –

  • MIL-Evening Report: ER Report: A Roundup of Significant Articles on EveningReport.nz for June 27, 2025

    ER Report: Here is a summary of significant articles published on EveningReport.nz on June 27, 2025.

    Travelling with food allergies? These 8 tips can help you stay safer in the skies
    Source: The Conversation (Au and NZ) – By Jennifer Koplin, Evidence and Translation Lead, National Allergy Centre of Excellence; Chief Investigator, Centre of Food Allergy Research; Associate Professor and Group Leader, Childhood Allergy & Epidemiology Group, Child Health Research Centre, The University of Queensland Anchiy/Getty Images With the school holidays approaching, many families will be

    Cats at 40: a dazzling cast – stuck in an outdated show
    Source: The Conversation (Au and NZ) – By Karen Cummings, Lecturer in Singing, University of Sydney The star of the 40th anniversary production of Cats – which premiered at the Theatre Royal Sydney last week – is the performing ensemble. Some ensemble scenes, such as The Jellicle Ball, offered the same joy and exhilaration as

    Earth is trapping much more heat than climate models forecast – and the rate has doubled in 20 years
    Source: The Conversation (Au and NZ) – By Steven Sherwood, Professor of Atmospheric Sciences, Climate Change Research Centre, UNSW Sydney NASA, CC BY-NC-ND How do you measure climate change? One way is by recording temperatures in different places over a long period of time. While this works well, natural variation can make it harder to

    The NDIA is changing how it pays for disability supports. What does that mean for rural communities?
    Source: The Conversation (Au and NZ) – By Edward Johnson, Lecturer in Social Entrepreneurship and Co-Founder of Umbo, University of Sydney Shutterstock Each year, the National Disability Insurance Agency (NDIA) reviews its pricing rules to ensure services funded under the National Disability Insurance Scheme (NDIS) remain sustainable. This year’s annual pricing review outlines changes that

    1 in 5 community footy umpires have been assaulted, while others cop death threats: new research
    Source: The Conversation (Au and NZ) – By Alyson Crozier, Senior Lecturer, Exercise and Sport Psychology, University of South Australia Scott Barbour/Getty Images Umpires’ decisions often upset sports fans, especially during a close contest. At most games, spectators boo loudly, coaches throw their hands up in frustration and players can yell or even physically intimidate

    NATO’s 5% of GDP defence target ramps up pressure on Australia to spend vastly more
    Source: The Conversation (Au and NZ) – By Jennifer Parker, Adjunct Fellow, Naval Studies at UNSW Canberra, and Expert Associate, National Security College, Australian National University After lobbying by US President Donald Trump, NATO leaders have promised to boost annual defence spending to 5% of their countries’ gross domestic product (GDP) by 2035. A NATO

    Beyond playgrounds: how less structured city spaces can nurture children’s creativity and independence
    Source: The Conversation (Au and NZ) – By Jose Antonio Lara-Hernandez, Senior Researcher in Architecture, Auckland University of Technology Getty Images Children’s play is essential for their cognitive, physical and social development. But in cities, spaces to play are usually separated, often literally fenced off, from the rest of urban life. In our new study,

    Lung cancer screening is about to start. What you need to know if you smoke or have quit
    Source: The Conversation (Au and NZ) – By Ian Olver, Adjunct Professsor, School of Psychology, Faculty of Health and Medical Sciences, University of Adelaide Magic mine/Shutterstock From July, eligible Australians will be screened for lung cancer as part of the nation’s first new cancer screening program for almost 20 years. The program aims to detect

    The drought in southern Australia is not over – it just looks that way
    Source: The Conversation (Au and NZ) – By Andrew B. Watkins, Associate research scientist, School of Earth, Atmopshere & Environment, Monash University Andrew Watkins How often do you mow your lawn in winter? That may seem like an odd way to start a conversation about drought. But the answer helps explain why our current drought

    One bad rainstorm away from disaster: why proposed changes to forestry rules won’t solve the ‘slash’ problem
    Source: The Conversation (Au and NZ) – By Mark Bloomberg, Adjunct Senior Fellow, Te Kura Ngahere-New Zealand School of Forestry, University of Canterbury Murry Cave/Gisborne District Council, CC BY-SA The biggest environmental problems for commercial plantation forestry in New Zealand’s steep hill country are discharges of slash (woody debris left behind after logging) and sediment

    Whatever happened to the Albanese government’s wellbeing agenda?
    Source: The Conversation (Au and NZ) – By Kate Sollis, Research Fellow, University of Tasmania DavideAngelini/Shutterstock The Albanese government devoted time and energy in its first term to developing a wellbeing agenda for the economy and society. It was a passion project of Treasurer Jim Chalmers, who wanted better ways to measure national welfare beyond

    What do the Bible, the Quran and the Torah say about the justification for war?
    Source: The Conversation (Au and NZ) – By Robyn J. Whitaker, Associate Professor, New Testament, & Director of The Wesley Centre for Theology, Ethics, and Public Policy, University of Divinity Wars are often waged in the name of religion. So what do key texts from Christianity, Islam and Judaism say about the justification for war?

    Brands want us to trust them. But as the SPF debacle shows, they need to earn it
    Source: The Conversation (Au and NZ) – By Paul Harrison, Director, Master of Business Administration Program (MBA); Co-Director, Better Consumption Lab, Deakin University It’s quite unsettling to discover something so central to our cultural rituals – the “slop” in the Aussie mantra of “Slip! Slop! Slap!” – can no longer be trusted. We’ve never really

    Streaming giants have helped bring Korean dramas to the world – but much is lost in translation
    Source: The Conversation (Au and NZ) – By Sung-Ae Lee, Lecturer, Macquarie University In less than a decade, Korean TV dramas (K-dramas) have transmuted from a regional industry to a global phenomenon – partly a consequence of the rise of streaming giants. But foreign audiences may not realise the K-dramas they’ve seen on Netflix don’t

    ‘Don’t surrender’ to Indonesian pressure over West Papua, Bomanak warns MSG
    Asia Pacific Report A West Papuan independence movement leader has warned the Melanesian Spearhead Group after its 23rd leaders summit in Suva, Fiji, to not give in to a “neocolonial trade in betrayal and abandonment” over West Papua. While endorsing and acknowledging the “unconditional support” of Melanesian people to the West Papuan cause for decolonisation,

    Grattan on Friday: Jim Chalmers juggles expectations and ambition in pursuing tax reform
    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra Next week will be the 40th anniversary of the Hawke government’s tax summit. Dominated by then treasurer Paul Keating’s unsuccessful bid to win support for a consumption tax, it was the public centrepiece of an extraordinary political and policy story.

    There’s gold trapped in your iPhone – and chemists have found a safe new way to extract it
    Source: The Conversation (Au and NZ) – By Justin M. Chalker, Professor of Chemistry, Flinders University A sample of refined gold recovered from mining and e-waste recycling trials. Justin Chalker In 2022, humans produced an estimated 62 million tonnes of electronic waste – enough to fill more than 1.5 million garbage trucks. This was up

    Politics with Michelle Grattan: Ken Henry on changing the tax system to give struggling workers a fairer go
    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra In August, the Albanese government will hold an economic “roundtable” that will discuss productivity, budget sustainability and resilience. Australia’s tax system will be one of the central issues, and stakeholders are gearing up with their varying arguments for changes. Ken

    As one of Shakespeare’s least performed plays, Coriolanus is startlingly relevant under Trump 2.0
    Source: The Conversation (Au and NZ) – By Kirk Dodd, Lecturer in English and Writing, University of Sydney Brett Boardman/Bell Shakespeare Coriolanus is one of Shakespeare’s least performed plays; perhaps because the hero is so pugnacious and classist, impressive in his strident vehemence, but lacking the vulnerability of a Macbeth or Othello. Set in the

    Magpies may not be a pesky Australian import – new research finds their ancestors thrived in NZ a long time ago
    Source: The Conversation (Au and NZ) – By Vanesa De Pietri, Senior Research Fellow in Palaeontology, University of Canterbury Shutterstock/Russ Jenkins For many New Zealanders, the Australian magpie is a familiar, if sometimes vexing, sight. Introduced from Australia in the 1860s, magpies are known for their territorial dive-bombing during nesting season, which has cemented their

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Economics: ASEAN advances labour migration governance from recruitment to reintegration

    Source: ASEAN

    MANILA, 27 June 2025 – ASEAN reaffirmed its collective commitment to protect and promote the rights of migrant workers through a series of back-to-back workshops held in Manila, the Philippines, from 23-27 June.
     
    Organised under the auspices of the ASEAN Committee on the Implementation of the ASEAN Declaration on the Protection and Promotion of the Rights of Migrant Workers (ACMW), the events were hosted by the Philippines’ Department of Migrant Workers (DMW). Key support was provided by the ASEAN Secretariat, the International Labour Organization (ILO) through the TRIANGLE in ASEAN and PROTECT programmes, and the International Organization for Migration (IOM) through the Migration, Business and Human Rights Programme in Asia.
     
    Secretary Atty. Hans Leo J. Cacdac of DMW graced the workshop series and emphasised the importance of regional coherence and migrant-centred policies. “At the core of fair and ethical recruitment lies the belief in the inherent dignity and rights of every individual,” said Secretary Cacdac in his opening remarks.
     
    Representatives of labour ministries and labour attachés of ASEAN Member States, recruitment agencies, employers’, workers’ and civil society organisations from the region were trained in the first two days on migration governance, case management, crisis response, gender-responsive approaches to migrant protection, and other aspects of labour attaché services.
     
    During the Workshop on Regional Actions on Fair and Ethical Recruitment Practices on 25–26 June, participants identified gaps and concrete actions around recruitment fees, transparency and access to remedies, with an emphasis on operationalising the “employer-pay” principle. The Checklist for ASEAN Member State Governments, Labour Recruiters, and Employers on Fair Recruitment and Decent Employment Practices adopted by the ASEAN Labour Ministers in April 2025 was socialised for completion this year.
     
    On 27 June, participants deliberated on developing a checklist to track progress of the voluntary-based operationalisation of the ASEAN Guidelines on Effective Return and Reintegration for Migrant Workers. The checklist seeks to benchmark national progress in the reintegration programmes of returning migrant workers. Mainstreaming reintegration in labour migration policies was acknowledged to be pivotal in light of post-pandemic recovery, climate challenges, and technological disruptions.
     
    These workshop series were the realisation of the Action Plan of the ASEAN Consensus on Protection and Promotion of the Rights of Migrant Workers. They contribute to the realisation of the ASEAN Community Vision 2045, particularly its goals of a resilient, inclusive, and people-centred ASEAN.
     

     
    Photo credit: Department of Migrant Workers of the Philippines
    The post ASEAN advances labour migration governance from recruitment to reintegration appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Australia: Unsafe products in online marketplaces among ACCC product safety priorities

    Source: Australian Ministers for Regional Development

    Unsafe products in online marketplaces will be a major focus of the ACCC’s product safety priorities during 2025-26, ACCC Chair Gina Cass-Gottlieb announced today.

    Addressing the National Consumer Congress in Melbourne, Ms Cass-Gottlieb outlined the importance of the ACCC’s role in protecting consumers from unsafe products and announced five priority areas.

    Among the priorities is addressing unsafe products in the digital economy.

    “Reducing the prevalence of high-risk unsafe consumer products online will be key. We will focus on systemic and high-risk product safety issues for consumers. And we will use a combination of regulation, education for consumers and for businesses, compliance and enforcement tools, where appropriate,” Ms Cass-Gottlieb said.

    “The risks in the digital economy are layered, they include not only physical harm from unsafe or non-compliant goods, but also the associated economic harm and decline in consumer trust in markets.”

    “Addressing these harms is essential to maintaining trust in digital markets and ensuring those markets are competitive and safe,” Ms Cass-Gottlieb said.

    The other four priorities are consumer and product safety issues impacting young children, lithium-ion battery safety, updating mandatory standards and improving product safety data to identify safety risks. Aligned with these priorities, the ACCC will maintain strong relationships across the regulator network, including information sharing and responding to harm. 

    “The ACCC will continue to prioritise product safety affecting young children, who can be at greater risk of injury or death from consumer products,” ACCC Deputy Chair Catriona Lowe said.

    “We will focus on compliance with button battery standards and continue to raise awareness about new infant sleep and toppling furniture standards.”

    “The dangers of button batteries, unstable furniture, and unsafe infant sleep products impact families every day and we want to ensure the standards don’t just exist, but are understood, implemented and enforced so children are kept safe,” Ms Lowe said.

    The ACCC will continue to support the safe use of lithium-ion batteries, which power everything from smartphones to e-bikes, and are used in home solar systems. As the use of lithium ion batteries grows, the ACCC continues to focus on the safety of these products.

    “Raising consumer awareness about the safe purchase, storage, use and disposal of lithium-ion batteries, and monitoring recalls of unsafe lithium-ion battery products, will be another major focus this year,” Ms Lowe said.

    The ACCC will begin a series of expedited reviews of existing mandatory standards from July 2025, following recent amendments to the Australian Consumer Law. These reviews will consider which voluntary overseas and international standards should be added as compliance options for mandatory standards. This will help ensure that mandatory standards are up to date, and can lower compliance costs for businesses.

    The ACCC will also work to continue to improve product safety data to help us identify risks and protect consumers. This will include strategies to increase reporting of product safety incidents to the ACCC, working with other regulators and stakeholders to increase data sharing and undertaking new consultation and research to understand the key risks affecting Australian consumers.

    “The priorities I have outlined today reflect the environment we’re operating in – one defined by digital acceleration and rising complexity,” Ms Cass-Gottlieb said.

    “These priorities are designed to respond to known harms, and to anticipate the emerging risks that could shape the future of consumer safety. They reflect our commitment to protect Australian consumers and build and maintain their trust in markets in an era of change and uncertainty.”

    More information including the full list of the ACCC’s product safety priorities is available at Product safety priorities 2025-26. 

    A transcript of Ms Cass-Gottlieb’s National Consumer Congress address is available on our website.

    Background

    Each year the ACCC announces its compliance and enforcement priorities and product safety priorities for the financial year ahead.

    These priorities help guide the product safety work of the agency and ensure it focuses its work on the most important and impactful issues.

    The Australian Product Safety Pledge helps the ACCC remove unsafe products from  those online marketplaces that are signatories.

    We are looking to expand the pledge and strengthen its commitments and reporting requirements to address the unsafe products available for sale on online marketplaces.

    MIL OSI News –

  • MIL-OSI USA: SBA Offers Relief to Oregon Small Businesses, Private Nonprofits and Residents Affected by March Storms and Flooding

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to Oregon small businesses, private nonprofits and residents to offset physical and economic losses from severe storms, flooding, landslides and mudslides occurring March 13-20. The SBA issued a disaster declaration in response to a request received from Gov. Tina Kotek on June 23.

    The declaration covers the Oregon counties of Coos, Curry, Douglas, Jackson, Josephine, Klamath and Lane.

    Businesses and nonprofits are eligible to apply for business physical disaster loans and may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.

    Homeowners and renters are eligible to apply for home and personal property loans and may borrow up to $100,000 to replace or repair personal property, such as clothing, furniture, cars, and appliances. Homeowners may apply for up to $500,000 to replace or repair their primary residence.

    Applicants may be eligible for a loan increase of up to 20% of their physical damages, as verified by the SBA, for mitigation purposes. Eligible mitigation improvements include insulating pipes, walls and attics, weather stripping doors and windows, and installing storm windows to help protect property and occupants from future disasters.

    SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible small businesses, small agricultural cooperatives, nurseries and private nonprofit (PNP)organizations impacted by financial losses directly related to this disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for aquaculture enterprises.

    EIDLs are for working capital needs caused by the disaster and are available even if the business or PNP did not suffer any physical damage. They may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

    Interest rates are as low as 4% for businesses, 3.62% for PNPs, and 2.75% for homeowners and renters with terms up to 30 years. Interest does not begin to accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

    When disasters strike, SBA’s Disaster Loan Outreach Centers play a vital role in helping small businesses and their communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “At these centers, SBA specialists assist business owners and residents with disaster loan applications and provide information on the full range of recovery programs available.”

    Beginning Friday, June 27 SBA customer service representatives will be on hand at the following Disaster Loan Outreach Center (DLOC) to answer questions about SBA’s disaster loan program, explain the application process and help each individual complete their application. Walk-ins are accepted, but you can schedule an in-person appointment in advance at appointment.sba.gov.

    The DLOC hours of operation are as follows:

    DOUGLAS COUNTY
    Disaster Loan Outreach Center
    Oregon Department of Human Services (ODHS)
    Third Floor Conference Room
    738 W. Harvard Ave.
    Roseburg, OR  97471

    Opens at 12:00 p.m., Friday, June 27

    Mondays – Fridays, 8:00 a.m. – 4:30 p.m.

    Closed Friday, July 4 for Independence Day

    Permanently closes at 4:30 p.m., Monday, July 21

    To apply online, visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The deadline to return physical damage applications is Aug. 25, 2025. The deadline to return economic injury applications is March 24, 2026.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News –

  • MIL-OSI China: US GDP shrinks first time in three years

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

    U.S. economy shrank for the first time in three years in the first quarter of this year, according to data released Thursday by the U.S. Commerce Department.

    U.S. gross domestic product dropped 0.5 percent in the January-March period from a year ago, the Commerce Department reported Thursday in its final report.

    Growth in the first quarter was stifled by rising imports as U.S. firms scrambled to purchase foreign goods before sweeping tariffs took effect.

    This occured as U.S. President Donald Trump implemented sweeping tariffs against most trading partners that could roil the global economy. 

    MIL OSI China News –

  • MIL-OSI USA: Cantwell Statement on SCOTUS Decision That Paves Way to Eliminate Health Care Access for Medicaid Patients

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell

    06.26.25

    Cantwell Statement on SCOTUS Decision That Paves Way to Eliminate Health Care Access for Medicaid Patients

    49% of Planned Parenthood patients access care via Medicaid and/or the Title X family planning program; FACT SHEET: In WA State – Planned Parenthood serves 100,000 patients annually, about half are Medicaid recipients

    WASHINGTON, D.C. – Today, the U.S. Supreme Court ruled to allow South Carolina to end Planned Parenthood’s participation in the state’s Medicaid program –  denying South Carolinians easy access to preventive health care like birth control. The ruling opens the door for any anti-abortion state in the country to take the same action. Senator Maria Cantwell (D-WA), ranking member of the Senate Committee on Commerce, Science, and Transportation and senior member of the Senate Finance Committee, issued the following statement in response to the decision:

    “Today’s Supreme Court ruling means that any state can blacklist Planned Parenthood or other health care providers, taking away access for Medicaid recipients,” said Sen. Cantwell. “This decision is another troubling step toward the anti-abortion movement’s ultimate goal — deciding for themselves what reproductive care American women are allowed to get.”

    The 1977 Hyde Amendment already bans the use of federal funding for abortion, with an exception for pregnancies that endanger the life of the pregnant person or that result from rape or incest. This decision paves the way for states to eliminate access for Medicaid patients to receive affordable cancer screenings, gynecological care, STD and STI screenings, and birth control services from Planned Parenthood clinics.

    According to a Planned Parenthood report, from 2023-2024 the provider accounted for 364,600 Pap tests and breast exams, 2.2 million birth control services, and 5.1 million STI tests and treatments. Half of all Planned Parenthood patients (49%) access care through Medicaid and/or the Title X family planning program. Allowing states to withhold Medicaid funding also puts rural communities at risk — 76% of Planned Parenthood health centers are located in rural or medically underserved areas, meaning patients would have to travel farther to receive care.

    Sen. Cantwell has been a champion for preserving Medicaid and access to reproductive health care. Earlier this week, on the three-year anniversary of the Dobbs v. Jackson Women’s Health Organization Supreme Court decision that overturned Roe v. Wade, Sen. Cantwell released a fact sheet detailing the dire consequences for Washington state’s reproductive health care delivery system if the Republican reconciliation bill is passed that would cut billions from Medicaid.

    Yesterday, Sen. Cantwell spoke on the Senate floor to urge her colleagues to vote against cuts to Medicaid that would effectively reverse the expansion of the program under the Affordable Care Act. Video of Sen. Cantwell’s speech is available HERE, and a transcript HERE.

    On Tuesday’s Dobbs anniversary, Sen. Cantwell joined the entire Democratic Senate Caucus in introducing the Women’s Health Protection Act of 2025, which would guarantee access to abortion everywhere across the country and restore the right to comprehensive reproductive health care for millions of Americans. Also this week, Sen. Cantwell joined nine of her Senate Democratic colleagues in a letter condemning the Trump Administration’s recent rescission of guidance that reaffirmed hospitals and providers’ obligations under the Emergency Medical Treatment and Labor Act (EMTALA) to provide medically necessary emergency abortion care, regardless of where the patient lives.

    A full timeline of Sen. Cantwell’s actions to defend Medicaid from cuts is HERE.

    MIL OSI USA News –

  • MIL-OSI USA: Cortez Masto, Rosen Condemn Trump Administration for Rescinding Approval of High-Speed Internet Funding for Nevada

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto

    Senators Will Delay Department of Commerce Nominees Until States Receive Funding.

    Washington, D.C. – Today, U.S. Senator Catherine Cortez Masto (D-Nev.) joined Senators Jacky Rosen (D-Nev.), Lisa Blunt Rochester (D-Del.), and 12 Democratic Senators in a letter condemning the Trump Administration’s reckless decision to rescind approval for states to receive their share of Broadband Equity, Access, and Deployment (BEAD) program funding from the U.S. Department of Commerce. The BEAD program was created to connect families in the hardest-to-serve communities to high-speed internet and close the digital divide for students, families, and small businesses.

    “We write to express our deep concern with the recent guidance the National Telecommunications and Information Administration (NTIA) issued regarding the Broadband Equity, Access, and Deployment (BEAD) program. This guidance will add needless delay to connecting millions of Americans to high-speed internet, while going against Congressional intent and betraying unconnected Americans in the process,” wrote the Senators. “Until states receive the entire amount of BEAD funds they are owed, including nondeployment funds, we will not consent to expedited consideration of any related Commerce Department nominees on the Senate floor.”

    The Trump Administration’s new guidance rescinded the final approval of three states, including Nevada and Delaware, and forces all states to redo burdensome steps in theirprocesses, hindering states’ ability to connect communities to high-speed internet. In their letter to the Secretary of Commerce, the Senators committed to blocking all related Department of Commerce nominees until states receive their full BEAD allocation.

    “With three states fully approved and ready to put shovels in the ground and 42 other states having completed or started the process of receiving project bids and selecting BEAD subgrantees, NTIA’s new guidance upends years of work and threatens to delay the program at a critical point… Simply claiming states will be able to comply with NTIA’s new requirements within 90 days does not make it true,” the Senators’ letter continued. “With this in mind, we implore you to provide states with the maximum flexibility possible and ensure states receive the full amount of funding they are owed. Should you fail to do so, we will continue to block the expeditious advancement of all Commerce Department nominees overseeing broadband policy, along with any related nominees.”

    Read the full letter here.

    As part of her Innovation State Initiative, Senator Cortez Masto has led efforts to improve broadband access and strengthen Nevada’s economy. She successfully called for increased accountability for federal broadband programs through efforts like the FCC broadband map which helped deliver the State of Nevada additional BEAD funding through more accurate broadband accessibility data. The Senator has also pushed for greater transparency and tracking of federal broadband dollars through her bipartisan mapping tool she created in the Bipartisan Infrastructure Law, and passed her bipartisan ACCESS Broadband Act to establish a broadband oversight office in the Commerce Department, which administers the Bipartisan Infrastructure Law BEAD funding, provides technical assistance to communities, and tracks taxpayer dollars.

    MIL OSI USA News –