Category: Commerce

  • MIL-OSI: Wearable Devices Advances AI Health Monitoring Platform as U.S. HHS Embraces Wearable Tech

    Source: GlobeNewswire (MIL-OSI)

    Yokneam Illit, Israel, June 25, 2025 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI”)-powered touchless sensing wearables, recently announced the expansion of its Large Motor Unit Action Potential Model (“LMM”) into new potential markets, such as predictive health monitoring and cognitive state analytics. This development will enable the broadening of bio-signal intelligence applications beyond wearables and will offer businesses and healthcare providers access to real-time physiological insights for monitoring health and wellness conditions.

    This strategic expansion into predictive health monitoring aligns with the rising interest in personalized wellness devices. This interest is now demonstrated at the federal level. U.S. Secretary of Health and Human Services, Robert F. Kennedy Jr., has recently advocated for wearable devices to enhance health monitoring and cognitive well-being, underscoring the public and institutional momentum toward real-time data-driven care.

    This announcement follows Wearable Devices’ recent introduction of LMM as a groundbreaking AI-driven bio-signal platform focused on gesture-based control in extended reality (“XR”) and neural interaction with digital devices. The Company’s LMM approach to analyzing muscle activity signals will support the expansion into the field of health monitoring, enabling users to enhance their performance across various domains.

    From Passive Monitoring to Proactive Intelligence

    Unlike traditional bio-sensors that collect data passively, LMM continuously learns and adapts, turning muscle activity signals from the wrist into actionable insights. The technology is now being evaluated in controlled environments for real-world applications, including:

      Predictive Health Monitoring – Detecting hidden patterns in muscle activity that may indicate early signs of health conditions before symptoms appear, revolutionizing preventive diagnostics and digital health tracking.
         
      Cognitive State & Performance Analytics – Monitoring focus, fatigue, and stress levels through muscle tone and micro-movements, optimizing work productivity and mental well-being.
         
      Exploring Predictive Analytics – Assessing whether continuous monitoring of neural data can improve AI-driven user behavior predictions.

    A Platform for Innovation: Opening LMM to Business Partners

    Recognizing the transformative potential of bio-signal intelligence, Wearable Devices is intending to make LMM available to enterprises, researchers, and developers. The Company’s AI-powered bio-signal data platform is expected to enable businesses to:

      Develop custom applications tailored to healthcare and sports for athletic performance optimization.
         
      Integrate real-time physiological insights into enterprise solutions to enhance safety, performance, and productivity.
         
      Leverage LMM’s AI engine to continuously refine predictive health and interaction models.

    Following the initial evaluation phase, Wearable Devices aims to accelerate commercialization and strategic partnerships across the health sector, reinforcing its position as a pioneer in bio-signal intelligence and neural interface technology.

    About Wearable Devices Ltd.

    Wearable Devices Ltd. is a pioneering growth company revolutionizing human-computer interaction through its AI-powered neural input technology for both consumer and business markets. Leveraging proprietary sensors, software, and advanced AI algorithms, the Company’s innovative products, including the Mudra Band for iOS and Mudra Link for Android, enable seamless, touch-free interaction by transforming subtle finger and wrist movements into intuitive controls. These groundbreaking solutions enhance gaming, and the rapidly expanding AR/VR/XR landscapes. The Company offers a dual-channel business model: direct-to-consumer sales and enterprise licensing. Its flagship Mudra Band integrates functional and stylish design with cutting-edge AI to empower consumers, while its enterprise solutions provide businesses with the tools to deliver immersive and interactive experiences. By setting the input standard for the XR market, Wearable Devices is redefining user experiences and driving innovation in one of the fastest-growing tech sectors. Wearable Devices’ ordinary shares and warrants trade on the Nasdaq under the symbols “WLDS” and “WLDSW,” respectively.

    Forward-Looking Statements Disclaimer

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, we are using forward-looking statements when we discuss the benefits and advantages of our devices and technology, including the potential of LMMs, the potential to accelerate commercialization and strategic partnerships across the health sector, the rising interest in personalized wellness devices and entering markets that need real-time physiological insights. All statements other than statements of historical facts included in this press release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the trading of our ordinary shares or warrants and the development of a liquid trading market; our ability to successfully market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our annual report on Form 20-F for the year ended December 31, 2024, filed on March 20, 2025 and our other filings with the SEC. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

    Investor Relations Contact
    Michal Efraty
    IR@wearabledevices.co.il

    The MIL Network

  • MIL-OSI: BigCommerce and Feedonomics Team Up with Perplexity to Help Brands Excel at AI Product Search

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, June 25, 2025 (GLOBE NEWSWIRE) — BigCommerce (Nasdaq: BIGC), a leading open SaaS ecommerce platform for B2C and B2B businesses, and Feedonomics, a leading data feed management solution, today announced their customers now have access to cutting-edge AI-powered search engine Perplexity to optimize visibility and relevance for brands in AI search results.

    In the shift from traditional SEO to AI search, it is critical that merchants ensure their products can be syndicated to the right marketplaces and advertising channels or owned channels so they can be found in order to drive traffic and sales. Historical data scraping is inefficient and often inaccurate for large language models. Feedonomics now provides Perplexity with pre-optimized, structured product data, ensuring that the LLM understands and recognizes merchants’ products, leading to superior search results that favor the brand.

    “AI-powered search is redefining how consumers discover and engage with products online,” said Sharon Gee, senior vice president of product for AI at BigCommerce and Feedonomics. “For consumer brands, this represents a pivotal moment to lead with innovation. By delivering high-quality product data directly to LLMs, brands ensure their products surface more accurately and contextually. Ensuring quality data feeds are optimally structured and accessible to AI search channels is a strategic imperative for driving relevance, loyalty and growth in an increasingly competitive digital landscape.”

    Generative AI is projected to play a much more important role in ecommerce overall as consumers grow more accustomed to the technology and as retailers rely on it to offer customers a more personalized, relevant experience. Emarketer predicts AI agents and other AI tools will influence as much as 19% of global Cyber Five sales this year—up to $61 billion in spending—as both shoppers and retailers ramp up their use of the technology.

    “With Feedonomics powering our product data, we have confidence that our catalog is being presented accurately and optimally to drive results with AI search platforms,” said Owen Spencer, director of enterprise applications at adventure brand Revelyst, the parent company of Bell, Bushnell, CamelBak, Fox Racing, Giro and other notable brands. “Improved visibility and stronger brand consistency are critical for traffic and conversion. Having structured and channel-optimized data in place allows us to take more control of how our products appear in AI-driven experiences, and that is a game-changer for our ecommerce performance in the AI era.”

    As commerce adopts agentic shopping, where AI agents research, recommend and even act on behalf of consumers, the quality of the product catalog is critical. As agentic purchasing evolves, the need for flawless data transfers and optimized, conversion-ready storefronts become paramount. Together, BigCommerce, Feedonomics and Makeswift provide the data and storefront software that enable this critical connectivity and better performance for merchants on virtually any ecommerce platform to optimize revenue.

    “Some aspects of the AI future are already clear—consumers want agentic experiences throughout their shopping journey, and they turn to Perplexity for accurate answers they can trust,” said Taz Patel, head of advertising and shopping at Perplexity. “When our systems can ingest clean, well-organized product information — with rich attributes, consistent taxonomy and up-to-date availability — the results speak for themselves: more relevant search experiences, higher conversion rates and better alignment with shopper intent. With Feedonomics delivering AI-ready data to Perplexity’s powerful and highly-trusted answer engine, we are setting a new standard for ecommerce search.”

    Speak to a BigCommerce or Feedonomics team member at kiosk 207 at the CommerceNext Growth Show through June 25.

    Join the Perplexity beta program here: https://www.bigcommerce.com/dm/perplexity-beta-program/

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

    About Feedonomics
    Feedonomics is a leading data management platform powering omnichannel growth for the world’s top brands and retailers. With its flexible technology and full-service support team, Feedonomics facilitates a variety of data and order management use cases across industries such as ecommerce, automotive, employment, travel, real estate, and more. Feedonomics has thousands of active customers, integrations with hundreds of ecommerce platforms and channels, and strategic partnerships with industry leaders like Amazon, Meta, Google, Microsoft and TikTok. For more information, please visit www.feedonomics.com or follow us on X, LinkedIn, Instagram and Facebook.

    About Perplexity
    Perplexity is an AI-powered answer engine that draws from credible sources in real time to accurately answer questions with in-line citations, perform deep research, and more. Founded in 2022, the company’s mission is to serve the world’s curiosity by bridging the gap between traditional search engines and AI-driven interfaces. Each week, Perplexity answers more than 150 million questions globally. Perplexity is available in the app store and online at https://www.perplexity.com.

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

    Media Contact:
    Brad Hem
    pr@bigcommerce.com

    The MIL Network

  • MIL-OSI: CapEx Finance Index (CFI) May 2025: Demand Rose; Financial Conditions Remained Healthy

    Source: GlobeNewswire (MIL-OSI)

    • FORECAST: New business volumes suggest a 0.7% increase in new durable goods orders in May.
    • Total new business volume (NBV) rose by $10.3 billion seasonally adjusted among surveyed ELFA member companies, an increase of 3.0% from the prior month.
    • NBV year-to-date contracted by 1.2% relative to the same period in 2024.
    • Year-over-year, NBV dropped by 3.7% on a non-seasonally adjusted basis.

    WASHINGTON, June 25, 2025 (GLOBE NEWSWIRE) — “The May CFI survey confirmed that the equipment finance industry had a good start to 2025. Demand for new equipment picked up in the latest data, particularly at captive businesses, and industry-wide financial conditions remained healthy,” said Leigh Lytle, President and CEO at ELFA. “The May delinquency data was largely unchanged after accounting for an outlier, and losses were stable, both good signs considering the restrictive stance of monetary policy. The slow bite of tariffs may still emerge this summer, and conflict abroad could impact energy prices and supply chains, but the string of solid CFI surveys is yet another clear indication that the equipment finance industry is going to be tough to slow down in 2025.”

    New business volumes picked up. New business volumes rose by 3.0% in May from the previous month to $10.3 billion. The increase was nearly exactly in line with the recent two-year trend. New business volumes for small ticket deals were up 17.8%, the fifth consecutive month of double-digit volatility. It was also a nearly complete reversal from the 18.3% decline in the prior month. New volumes grew by 14% at captives and 5.0% at independents from April to May but declined by 3.0% at banks. That contrasts with the recent increase in bank volumes relative to captives and independents. The six-month rolling average of activity at banks as a share of total new volume activity jumped by 7.3 percentage points over the last year. That gain has come at the expense of new deals at captives, where the share of new activity has dropped by a nearly identical 7.3 percentage points.

    Employment levels were lower than at the same time last year. The 12-month change in total employment was down 1.2% from May 2024. That’s an eight-tenths improvement from the 2.0% decline that was recorded in April. Employment was up at banks and independents and down at captives.

    Credit approvals remained elevated. The overall credit approval rate edged down by four-tenths of a percentage point to 77%. The May rate is the second highest reading in the last two years; the highest was last month at 77.4%. The average approval rate on small ticket items declined by half of a percentage point but also remained near its two-year high.

    Financial conditions were largely unchanged. Industry-wide delinquencies rose by more than percentage point, from 1.8% to 2.9%, from April to May. Adjusting for an outlier showed a more modest rise in 30-day aging receivables of around a tenth of a percentage point to 1.9%. Delinquencies for small ticket deals and at independent companies were also impacted. The loss rate was essentially unchanged from April.

    “New business activity has been strong for our equipment finance business this year and up significantly from the first five months of 2024 as economic fundamentals that we favor—labor market strength, moderating inflation, easing monetary policy, strong corporate earnings—remain resilient,” said David Drury, Senior Vice President and Head of Commercial Specialty Lending, Fifth Third Bank, National Association. “However, we suspect these fundamentals will deteriorate until a clear path forward for global trade is agreed upon by policymakers and businesses alike, and may present headwinds for equipment financing activity in the second half of the year.”

    Industry Confidence
    The Monthly Confidence Index from ELFA’s affiliate, the Equipment Leasing & Finance Foundation, increased to 58.2 in June, rebounding from tariff pressures after dramatic lows in April and May.

    About ELFA’s CFI
    The CapEx Finance Index (CFI) is the only real-time dataset that tracks nationwide conditions in the equipment financing industry. The information is compiled from a diversified set of businesses that respond to questions about demand for equipment financing, employment, and changes in financial conditions. The resulting data is organized by institution type, such as banks, captives, and independents, and is classified into overall activity and financing for small ticket equipment and software. The CFI is released monthly from Washington, D.C., generally one day before the U.S. Department of Commerce’s durable goods report. More detail on the data and methodology can be found at www.elfaonline.org/CFI.

    About ELFA
    The Equipment Leasing & Finance Association (ELFA) represents financial services companies and manufacturers in the $1 trillion U.S. equipment finance sector. ELFA’s over 600 member companies provide essential financing that helps businesses acquire the equipment they need to operate and grow. Learn how equipment finance contributes to businesses’ success, U.S. economic growth, manufacturing and jobs at www.elfaonline.org.

    Follow ELFA:
    X: @ELFAonline
    LinkedIn: https://www.linkedin.com/company/115191 

    Media/Press Contact: Jane Esworthy, Vice President, Communications & Marketing, ELFA, jesworthy@elfaonline.org

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f5541bc2-8141-4f5e-a659-55cac4443beb

    The MIL Network

  • MIL-OSI Economics: Samsung Wallet Adds Digital Key Compatibility for Mercedes-Benz

    Source: Samsung

    Samsung Electronics Co., Ltd, today announced that Samsung Wallet will support digital key compatibility for Mercedes-Benz vehicles starting in July 2025. With this new integration, Galaxy users1 can now experience a more seamless way to lock, unlock and start their Mercedes-Benz2 vehicle from their smartphone.
    “We’re excited to bring Mercedes-Benz drivers the incredible convenience that comes with Samsung Digital Key access,” said Woncheol Chai, EVP and Head of Digital Wallet Team, Mobile eXperience Business at Samsung Electronics. “Our collaboration with Mercedes-Benz advances our vision of providing effortless access to tech-enabled experiences across the Galaxy ecosystem.”
    “Bringing convenience and luxury to our customers is our top priority as we strive to bring them the best vehicle experience possible,” said Stefan Blossey, Director of Body-/Comfort-E/E, UX Components at Mercedes-Benz AG. “Samsung Digital Key allows Mercedes-Benz to continue offering our customers convenient access and connectivity to their vehicles.”

    Samsung Wallet is a versatile platform that allows Galaxy users to organize digital keys, payment methods, identification cards, and more — all in one secure and easy-to-use application. Launched in June 2022, and backed by defense-grade security from Samsung Knox, Samsung Wallet smoothly integrates across the broader Galaxy ecosystem to offer powerful connectivity and fortified protection for users in their everyday lives.
    With the addition of the Mercedes-Benz Digital Key on Samsung Wallet, users can experience a new level of convenience at their fingertips. Once inside the vehicle, Samsung’s Digital Key enables drivers to start their vehicle without using their physical key or even removing their smartphone from their pocket. Users can also securely share the digital key with friends or family, through an easy-to-use interface that lets owners grant or disable access as needed.

    The integration of the Mercedes-Benz Digital Key in Samsung Wallet is also backed by Samsung’s commitment to providing a safe, secure and reliable mobile experience for users. Digital keys are securely embedded within the device, meeting rigorous EAL6+3 security standards for protection against unauthorized access. By utilizing Ultra-Wideband (UWB) technologies, a standardized communication protocol set by the Car Connectivity Consortium, the digital key provides precise functionality, significantly reducing the risk of unwanted attempts to access the vehicle.
    If a device containing the digital key in Samsung Wallet is misplaced or stolen, users can log in to the SmartThings Find service to remotely lock or delete the device, securing access to the digital key and further safeguarding their vehicle. With biometric or PIN-based user authentication requirements, Samsung Wallet helps to protect vehicles by keeping access private and secure.4
    Availability
    Digital Key functionality for select Mercedes-Benz vehicles will roll out starting July 2025 in select regions5 worldwide. Users can register their Digital Key through the Mercedes Me application.

    Mercedes-Benz AG at a glance
    Mercedes‑Benz AG is part of the Mercedes‑Benz Group AG with a total of around 175,000 employees worldwide and is responsible for the global business of Mercedes‑Benz Cars and Mercedes‑Benz Vans. Ola Källenius is Chairman of the Board of Management of Mercedes‑Benz AG. The company focuses on the development, production and sales of passenger cars, vans and vehicle-related services. Furthermore, the company aspires to be the leader in the fields of electric mobility and vehicle software. The product portfolio comprises the Mercedes‑Benz brand with Mercedes‑AMG, Mercedes‑Maybach and G‑Class with their all-electric models as well as products of the smart brand. Mercedes‑Benz AG is one of the world’s largest manufacturers of high-end passenger cars. In 2024 it sold around 2,4 million passenger cars and vans. In its two business segments, Mercedes‑Benz AG is continually expanding its worldwide production network with more than 30 production sites on four continents, while gearing itself to meet the requirements of electric mobility. At the same time, the company is constructing and extending its global battery production network on three continents. As sustainability is the guiding principle of the Mercedes‑Benz strategy and for the company itself, this means creating lasting value for all stakeholders: for customers, employees, investors, business partners and society as a whole. The basis for this is the sustainable business strategy of the Mercedes‑Benz Group. The company thus takes responsibility for the economic, ecological and social effects of its business activities and looks at the entire value chain.
    1 Samsung Wallet Digital Key support is available on select devices, including: Galaxy S21 Ultra/S21+, S22 Ultra/S22+, S23 Ultra/S23+, S24 Ultra/S24+, S25 Ultra/S25+, S25 Edge, Note20 Ultra, Z Fold2, Z Fold3, Z Fold4, Z Fold5, Z Fold6, Z Fold Special Edition.
    2 Mercedes-Benz vehicles supporting Digital Car Key differ per region, in the US these include: E-Class Sedan W214, E-Class Wagon S214, Mercedes-Maybach EQS SUV Z296, EQS Sedan V297, EQS SUV X296, EQE Sedan V295, EQE SUV X294, S-Class Sedan W223, S-Class Sedan Long V223, Mercedes-Maybach S-Class Z223, Mercedes-AMG GT Coupé C192, Mercedes-AMG SL R232, Mercedes-Maybach SL Z232, C-Class Saloon W206, C-Class Estate S206, GLC SUV X254, GLC Coupé C254. For the full breakdown per region, please visit https://moba.i.mercedes-benz.com/baix/cars/dck-compatibility/landingpage/index.html.
    3 Evaluation Assurance Level6+, for which a product must be evaluated for specific protection against side-channel attacks or other advanced attack vectors, plus additional, more extensive testing and verification of the product’s security functions.
    4 Requires compatible device, SmartThings and Samsung account.
    5 Available regions include: Abu Dhabi, Australia, Austria, Belgium, Bulgaria, Canada, Croatia, Cyprus, Czech Republic, Denmark, Dubai, Estonia, Finland, France, Germany, Greece, Hungary, India, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malaysia, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, United Kingdom and USA.

    MIL OSI Economics

  • MIL-OSI Economics: Samsung Wallet Adds Digital Key Compatibility for Mercedes-Benz

    Source: Samsung

    Samsung Electronics Co., Ltd, today announced that Samsung Wallet will support digital key compatibility for Mercedes-Benz vehicles starting in July 2025. With this new integration, Galaxy users1 can now experience a more seamless way to lock, unlock and start their Mercedes-Benz2 vehicle from their smartphone.
    “We’re excited to bring Mercedes-Benz drivers the incredible convenience that comes with Samsung Digital Key access,” said Woncheol Chai, EVP and Head of Digital Wallet Team, Mobile eXperience Business at Samsung Electronics. “Our collaboration with Mercedes-Benz advances our vision of providing effortless access to tech-enabled experiences across the Galaxy ecosystem.”
    “Bringing convenience and luxury to our customers is our top priority as we strive to bring them the best vehicle experience possible,” said Stefan Blossey, Director of Body-/Comfort-E/E, UX Components at Mercedes-Benz AG. “Samsung Digital Key allows Mercedes-Benz to continue offering our customers convenient access and connectivity to their vehicles.”

    Samsung Wallet is a versatile platform that allows Galaxy users to organize digital keys, payment methods, identification cards, and more — all in one secure and easy-to-use application. Launched in June 2022, and backed by defense-grade security from Samsung Knox, Samsung Wallet smoothly integrates across the broader Galaxy ecosystem to offer powerful connectivity and fortified protection for users in their everyday lives.
    With the addition of the Mercedes-Benz Digital Key on Samsung Wallet, users can experience a new level of convenience at their fingertips. Once inside the vehicle, Samsung’s Digital Key enables drivers to start their vehicle without using their physical key or even removing their smartphone from their pocket. Users can also securely share the digital key with friends or family, through an easy-to-use interface that lets owners grant or disable access as needed.

    The integration of the Mercedes-Benz Digital Key in Samsung Wallet is also backed by Samsung’s commitment to providing a safe, secure and reliable mobile experience for users. Digital keys are securely embedded within the device, meeting rigorous EAL6+3 security standards for protection against unauthorized access. By utilizing Ultra-Wideband (UWB) technologies, a standardized communication protocol set by the Car Connectivity Consortium, the digital key provides precise functionality, significantly reducing the risk of unwanted attempts to access the vehicle.
    If a device containing the digital key in Samsung Wallet is misplaced or stolen, users can log in to the SmartThings Find service to remotely lock or delete the device, securing access to the digital key and further safeguarding their vehicle. With biometric or PIN-based user authentication requirements, Samsung Wallet helps to protect vehicles by keeping access private and secure.4
    Availability
    Digital Key functionality for select Mercedes-Benz vehicles will roll out starting July 2025 in select regions5 worldwide. Users can register their Digital Key through the Mercedes Me application.

    Mercedes-Benz AG at a glance
    Mercedes‑Benz AG is part of the Mercedes‑Benz Group AG with a total of around 175,000 employees worldwide and is responsible for the global business of Mercedes‑Benz Cars and Mercedes‑Benz Vans. Ola Källenius is Chairman of the Board of Management of Mercedes‑Benz AG. The company focuses on the development, production and sales of passenger cars, vans and vehicle-related services. Furthermore, the company aspires to be the leader in the fields of electric mobility and vehicle software. The product portfolio comprises the Mercedes‑Benz brand with Mercedes‑AMG, Mercedes‑Maybach and G‑Class with their all-electric models as well as products of the smart brand. Mercedes‑Benz AG is one of the world’s largest manufacturers of high-end passenger cars. In 2024 it sold around 2,4 million passenger cars and vans. In its two business segments, Mercedes‑Benz AG is continually expanding its worldwide production network with more than 30 production sites on four continents, while gearing itself to meet the requirements of electric mobility. At the same time, the company is constructing and extending its global battery production network on three continents. As sustainability is the guiding principle of the Mercedes‑Benz strategy and for the company itself, this means creating lasting value for all stakeholders: for customers, employees, investors, business partners and society as a whole. The basis for this is the sustainable business strategy of the Mercedes‑Benz Group. The company thus takes responsibility for the economic, ecological and social effects of its business activities and looks at the entire value chain.
    1 Samsung Wallet Digital Key support is available on select devices, including: Galaxy S21 Ultra/S21+, S22 Ultra/S22+, S23 Ultra/S23+, S24 Ultra/S24+, S25 Ultra/S25+, S25 Edge, Note20 Ultra, Z Fold2, Z Fold3, Z Fold4, Z Fold5, Z Fold6, Z Fold Special Edition.
    2 Mercedes-Benz vehicles supporting Digital Car Key differ per region, in the US these include: E-Class Sedan W214, E-Class Wagon S214, Mercedes-Maybach EQS SUV Z296, EQS Sedan V297, EQS SUV X296, EQE Sedan V295, EQE SUV X294, S-Class Sedan W223, S-Class Sedan Long V223, Mercedes-Maybach S-Class Z223, Mercedes-AMG GT Coupé C192, Mercedes-AMG SL R232, Mercedes-Maybach SL Z232, C-Class Saloon W206, C-Class Estate S206, GLC SUV X254, GLC Coupé C254. For the full breakdown per region, please visit https://moba.i.mercedes-benz.com/baix/cars/dck-compatibility/landingpage/index.html.
    3 Evaluation Assurance Level6+, for which a product must be evaluated for specific protection against side-channel attacks or other advanced attack vectors, plus additional, more extensive testing and verification of the product’s security functions.
    4 Requires compatible device, SmartThings and Samsung account.
    5 Available regions include: Abu Dhabi, Australia, Austria, Belgium, Bulgaria, Canada, Croatia, Cyprus, Czech Republic, Denmark, Dubai, Estonia, Finland, France, Germany, Greece, Hungary, India, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malaysia, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, United Kingdom and USA.

    MIL OSI Economics

  • MIL-OSI Russia: NSU entered the top Russian universities with the highest salaries of graduates in the field of economics and finance

    Translation. Region: Russian Federal

    Source: Novosibirsk State University – Novosibirsk State University –

    SuperJob presentedratingRussian universities by the level of salaries of 2019–2024 graduates working in economics and finance. Two universities from Novosibirsk were included in the rating: Novosibirsk National Research State University and Novosibirsk State University of Economics and Management “NINH”.

    NSU took 12th place in the ranking this year. The average salary of economics graduates in 2024 increased by 10,000 rubles and now amounts to 110,000 rubles per month. 86% of graduates continue to work in Novosibirsk.

    Faculty of Economics, NSU among the three largest faculties of the university. It offers bachelor’s degree programs in 5 areas – “Economics”, “Sociology”, “Management”, “Jurisprudence” and “Business Informatics”. The competition for admission to the Faculty of Economics is traditionally high. Thus, for business informatics, according to the results of the 2024 admission campaign, the competition was 48 people per place.

    The Faculty of Economics at NSU is developing dynamically and offers students new, popular courses and programs. Thus, in 2025, NSU was the first in Russia to launch an educational course on product management with elements of artificial intelligence.

    In total, 57 state universities from 40 cities were included in the SuperJob ranking of economic universities. State universities took part in the study: classical and specialized economic universities.

    We reviewed resumes for positions in the fields of economics, finance, banking, auditing, taxation, etc., posted no earlier than 365 days before the publication date of the study.

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

    MIL OSI Russia News

  • Centre approves ₹417 crore Electronics Manufacturing Cluster in Gautam Buddha Nagar

    Source: Government of India

    Source: Government of India (4)

    The central government has approved the establishment of a ₹417 crore Electronics Manufacturing Cluster (EMC 2.0) in Gautam Buddha Nagar, Uttar Pradesh. The new cluster aims to significantly boost local manufacturing, encourage innovation, and attract substantial investments into the electronics sector.

    Union Minister for Electronics and IT, Ashwini Vaishnaw, along with Minister of State, Jitin Prasada, reviewed the project on Wednesday and instructed officials to work closely with the Uttar Pradesh government to ensure faster implementation.

    About the Project

    To be developed by the Yamuna Expressway Industrial Development Authority (YEIDA), the EMC will span 200 acres and is projected to draw approximately ₹2,500 crore in new investments. Speaking on the occasion, Vaishnaw highlighted that the EMC will generate 15,000 new jobs and create world-class infrastructure, aligning perfectly with Prime Minister Shri Narendra Modi’s vision of promoting “Make in India” and “Viksit Bharat.”

    Industry Impact and Products

    The cluster is set to support a broad range of industries, including:

    * Consumer electronics

    * Automotive and industrial electronics

    * Medical devices

    * Computer hardware

    * Communication equipment

    Startups and MSMEs will benefit greatly from this EMC as it will offer world-class plug-and-play infrastructure along with shared amenities. Some key facilities include standard factory sheds, electricity and water provisioning, sewage treatment, skill development centres, health centres, hostels, and more — all of which will help reduce logistics and setup costs.

    Strategic Location

    Strategically located along the Yamuna Expressway and Eastern Peripheral Expressway — with proximity to the Palwal–Khurja Expressway — the EMC enjoys strong multimodal connectivity by road, rail, and air. Its position close to the Jewar International Airport and railway hubs, along with surrounding industrial areas like the Medical Device Park, MSME & Apparel Park, and the Aviation Hub, further enhances its accessibility and appeal for potential investors.

    About EMC 2.0 Scheme

    To date, about ₹30,000 crore have been invested across EMCs under the scheme, attracting 520 companies and creating over 86,000 jobs. The new EMC in Uttar Pradesh underscores India’s commitment to becoming a global manufacturing powerhouse and will help establish a robust foundation for electronics companies looking to set up their operations in India.

  • MIL-OSI: Matador Acquires 8.4 Bitcoin for CAD$1.2M, Bringing Its Total Bitcoin (and Bitcoin Equivalent) Holdings to 77

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 25, 2025 (GLOBE NEWSWIRE) — Matador Technologies Inc. (“Matador” or the “Company”) (TSXV: MATA, OTCQB: MATAF, FSE: IU3) announces that the Company has acquired an additional 8.4 bitcoin for CAD$1.2M (USD$878,763). The 8.4 bitcoin was acquired at an average price of USD$104,914 per bitcoin, inclusive of fees and expenses. The purchase was made following a recent market correction, in line with the Company’s Bitcoin acquisition policy, further reinforcing its conviction in Bitcoin as a long-term asset.

    This acquisition brings Matador’s Bitcoin holdings to approximately 77 bitcoin (and Bitcoin equivalents), reinforcing its stated objective to diversify its treasury with long-duration reserve assets. The Company continues to operate debt-free, with all Bitcoin (and Bitcoin equivalent) holdings free and clear.

    The Company also maintains cash reserves of approximately CAD$5.3 million and physical gold holdings of 2 kilograms (approximately CAD$323,000), reflecting prudent financial management aimed at sustaining long-term growth and stability.

    On June 20, 2025, Matador received conditional approval from the TSX Venture Exchange (“TSXV”) regarding its proposed Change of Business (“COB”) to a Tier 2 hybrid Investment/Technology Issuer. Assuming that the Company obtains TSXV final approval of the COB, this milestone would enable the Company to implement its treasury-first strategy, including the allocation of capital into Bitcoin and other reserve assets in accordance with its investment policy. The Change of Business remains subject to the satisfaction of various conditions including the receipt of applicable shareholder approval and the approval of the TSXV.

    Matador continues to integrate Bitcoin into its long-term strategy, reinforcing its role as a core treasury asset and the foundation for its Digital Gold Platform. Similar to other Bitcoin-native public companies, Matador views Bitcoin as a superior reserve asset and intends to grow its Bitcoin holdings over time.

    “This acquisition reflects the Company’s intention to increase its Bitcoin per share as part of its reserve asset strategy. The Company intends to continue increasing its Bitcoin position to align itself with the global shift to sound money assets,” said Mark Moss, Chief Visionary Officer, Matador Technologies.

    As Matador advances its growth strategy, the Company remains committed to expanding its treasury holdings of Bitcoin and gold, leveraging blockchain technology, with the goal of supporting long-term stakeholder value. The Company intends to continue increasing its Bitcoin position as part of a broader strategy to align itself with the global shift toward sound monetary assets.

    For additional information, please contact:

    Media Contact:
    Sunny Ray
    President
    Email: sunny@matador.network
    Phone: 647-496-6282

    About Matador Technologies Inc.
    Matador Technologies Inc. (TSXV: MATA, OTCQB: MATAF, FSE: IU3) is a publicly traded Bitcoin ecosystem company focused on holding Bitcoin as its primary treasury asset and building products to enhance the Bitcoin network. Matador’s strategy combines strategic Bitcoin accumulation, Bitcoin-native product development, and participation in digital asset infrastructure, with a focus on driving long-term shareholder value while maintaining capital efficiency.

    Matador has recently expanded its global footprint by investing in HODL Systems, one of India’s first digital asset treasury companies, securing up to a 24% ownership stake, subject to TSXV approval of the investment. This investment strengthens Matador’s position as a leading Bitcoin treasury company and underscores its commitment to the worldwide adoption of Bitcoin as a reserve asset.

    With a Bitcoin-first strategy, and a clear focus on innovation, Matador is shaping the future of financial infrastructure on Bitcoin.

    Visit us online at https://www.matador.network/.

    Cautionary Statement Regarding Forward-Looking Information

    NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

    This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.

    Forward Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties, including risks associated with the implementation of the Company’s treasury management strategy, receipt of regulatory approvals (including final approval of the TSX Venture Exchange with respect to the Company’s proposed change of business), and the launch of its mobile application as currently proposed or at all. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including with respect to the potential acquisition of Bitcoin and/or US dollars, the pricing of such acquisitions and the timing of future operations. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

    The MIL Network

  • MIL-OSI: AGF Management Limited Reports Second Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 25, 2025 (GLOBE NEWSWIRE) —

    • Reported quarterly adjusted diluted earnings per share of $0.39
    • Total assets under management and fee-earning assets of $53.5 billion
    • Declared quarterly dividend per share to 12.5 cents

    AGF Management Limited (AGF or the Company) (TSX: AGF.B) today announced financial results for the second quarter ended May 31, 2025.

    AGF reported total assets under management and fee-earning assets1 of $53.5 billion compared to $53.8 billion as at February 28, 2025 and $47.8 billion as at May 31, 2024.

    “We remain focused and continue to deliver despite ongoing economic and political uncertainty, supported by a long-term perspective that has enabled us to stay resilient and strategically positioned for sustained growth across our three business lines,” said Kevin McCreadie, Chief Executive Officer and Chief Investment Officer, AGF. “As we look to the second half of the year, we are confident that our disciplined approach will allow us to respond to market shifts, deliver consistent results and drive long-term success.”

    AGF’s mutual fund gross sales were $1,148 million for the quarter compared to $1,568 million in the previous quarter and $934 million in the prior year quarter. Retail mutual fund2 net sales were $65 million compared to $342 million in the previous quarter and net redemptions of $112 million in the prior year quarter.

    “Through a challenging environment, we experienced our fourth consecutive quarter of positive retail mutual fund and mutual fund net sales outpacing the industry,” said Judy Goldring, President and Head of Global Distribution, AGF. “These results and our recent Wealth Professional Award for Mutual Fund Provider of the Year are a testament to our evolving and innovative product lineup as well as our dedication to delivering exceptional value to our clients.”

    1 Fee-earning assets represents assets in which AGF has carried interest ownership and earns recurring fees but does not have ownership interest in the managers.
    2 Retail mutual fund net sales (redemptions) are calculated as reported mutual fund net sales (redemption) less non-recurring institutional net sales (redemptions) in excess of $5 million invested in our mutual funds.
       

    Financial and Key Business Highlights:

    • Adjusted EBITDA3 for the three months ended May 31, 2025 was $39.5 million, compared to $47.9 million for the three months ended February 28, 2025 and $37.0 million for the comparative prior year period.
    • Net management, advisory and administration fees3 for the three months ended May 31, 2025 was $83.8 million, compared to $85.2 million for the three months ended February 28, 2025 and $81.2 million for the comparative prior year period.
    • Adjusted revenue from AGF Capital Partners3 for the three months ended May 31, 2025 was $14.6 million, compared to $23.6 million for the three months ended February 28, 2025 and $12.0 million for the comparative prior year period. Revenue from AGF Capital Partners can be variable quarter to quarter and can be impacted by fair value adjustments, timing of monetizations and cash distributions as well as performance fees and carried interest.
    • Adjusted selling, general and administrative costs3 for the three months ended May 31, 2025 was $59.5 million, compared to $63.6 million for the three months ended February 28, 2025 and $60.0 million for the comparative prior year period. The decrease in adjusted SG&A from prior quarter is driven by lower performance-based compensation, timing of expenses and market environment.
    • Adjusted net income attributable to equity owners3 for the three months ended May 31, 2025 was $26.0 million ($0.39 adjusted diluted EPS), compared to $32.1 million ($0.48 adjusted diluted EPS) for the three months ended February 28, 2025 and $23.6 million ($0.35 adjusted diluted EPS) for the comparative prior year period.
    • At the 2025 Wealth Professional Awards, AGF was named Mutual Fund Provider of the Year. The firm was also honoured as an Excellence Awardee in the Employer of Choice category.
    • In May, AGF Investments Inc. announced proposed changes to the investment objectives of AGF Short-Term Income Class and AGF Global Sustainable Growth Equity Fund, subject to securityholder approval at special meetings to be held on or about June 26, 2025.
    • This quarter, AGF Investments Inc announced lower management and administration fees and risk ratings for certain funds. These changes build on the firm’s commitment to continually reviewing its product line-up to ensure its offerings are responsive to market trends and competitively priced.
                                 
      Three months ended Six months ended
        May 31,     Feb. 28,     May 31,     May 31,     May 31,
    (in millions of Canadian dollars, except per share data)   2025     2025     2024     2025     2024
                                 
    Revenues                            
    Management, advisory and administration fees $ 119.5   $ 122.8   $ 116.4   $ 242.3   $ 225.0
    Trailing commissions and investment advisory fees   (35.7)     (37.6)     (35.2)     (73.3)     (68.9)
    Net management, advisory and administration fees3 $ 83.8   $ 85.2   $ 81.2   $ 169.0   $ 156.1
    Deferred sales charges   1.0     1.2     1.9     2.2     3.9
    Adjusted revenue from AGF Capital Partners3   14.6     23.6     12.0     38.2     36.4
    Other revenue (loss)3   (0.4)     1.5     1.9     1.1     3.6
    Total adjusted net revenue3   99.0     111.5     97.0     210.5     200.0
                                 
    Selling, general and administrative   62.8     67.8     68.2     130.6     126.1
    Adjusted selling, general and administrative3   59.5     63.6     60.0     123.1     113.5
                                 
    EBITDA3   36.2     44.2     26.6     80.4     71.7
    Adjusted EBITDA3   39.5     47.9     37.0     87.4     86.5
                                 
    Net income – equity owners of the Company   24.3     30.9     18.1     55.2     48.6
    Adjusted net income – equity owners of the Company3   26.0     32.1     23.6     58.1     57.3
                                 
    Diluted earnings per share   0.36     0.46     0.27     0.82     0.73
                                 
    Adjusted diluted earnings per share3   0.39     0.48     0.35     0.87     0.86
                                 
    Free cash flow3   24.0     31.6     23.7     55.6     44.9
                                 
    Dividends per share   0.125     0.115     0.110     0.365     0.225
                                 
                                 
      Three months ended
        May 31,     Feb. 28,     Nov. 30,     Aug. 31,     May 31,
    (in millions of Canadian dollars)   2025     2025     2024     2024     2024
                                 
    Mutual fund assets under management (AUM)4 $ 30,975   $ 31,167   $ 30,662   $ 28,104   $ 26,961
    ETFs and SMA AUM   2,771     2,913     2,537     2,128     1,800
    Segregated accounts and sub-advisory AUM   6,448     6,529     6,977     6,430     6,313
    Total AGF Investments AUM   40,194     40,609     40,176     36,662     35,074
    AGF Private Wealth AUM   8,568     8,623     8,567     8,186     8,026
    AGF Capital Partners AUM   2,600     2,468     2,752     2,774     2,663
    Total AUM $ 51,362   $ 51,700   $ 51,495   $ 47,622   $ 45,763
    AGF Capital Partners fee-earning assets5   2,112     2,142     2,111     2,080     2,081
    Total AUM and fee-earning assets5 $ 53,474   $ 53,842   $ 53,606   $ 49,702   $ 47,844
                                 
    Mutual fund net sales (redemptions)4   18     258     5     14     (112)
    Retail mutual fund net sales (redemptions)2   65     342     14     19     (112)
    Average daily mutual fund AUM4   29,770     30,853     29,173     27,542     26,604
    3 Net management, advisory and administration fees, adjusted revenue from AGF Capital Partners, total net revenue, adjusted selling, general and administrative, EBITDA, adjusted EBITDA, adjusted net income, adjusted diluted earnings per share and free cash flow are not standardized measures prescribed by IFRS. The Company utilizes non-IFRS measures to assess our overall performance and facilitate a comparison of quarterly and full-year results from period to period. They allow us to assess our investment management business without the impact of non-operational items. These non-IFRS measures may not be comparable with similar measures presented by other companies. These non-IFRS measures and reconciliations to IFRS, where necessary, are included in the Management’s Discussion and Analysis available at www.agf.com.
    4 Mutual fund AUM includes retail AUM and institutional client AUM invested in customized series offered within mutual funds.
    5 Fee-earning assets represents assets in which AGF has carried interest ownership and earns recurring fees but does not have ownership interest in the managers.
       

    For further information and detailed financial statements for the second quarter ended May 31, 2025, including Management’s Discussion and Analysis, which contains discussions of non-IFRS measures, please refer to AGF’s website at www.agf.com under ‘About AGF’ and ‘Investor Relations’ and at www.sedarplus.com.

    Conference Call

    AGF will host a conference call to review its earnings results today at 11 a.m. ET.

    The live audio webcast with supporting materials will be available in the Investor Relations section of AGF’s website at www.agf.com or at https://edge.media-server.com/mmc/p/m4th2gij. Alternatively, the call can be accessed over the phone by registering here or in the Investor Relations section of AGF’s website at www.agf.com, to receive the dial-in numbers and unique PIN.

    A complete archive of this discussion along with supporting materials will be available at the same webcast address within 24 hours of the end of the conference call.

    About AGF Management Limited

    Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. Our companies deliver excellence in investing in the public and private markets through three business lines: AGF Investments, AGF Capital Partners and AGF Private Wealth.

    AGF brings a disciplined approach, focused on incorporating sound, responsible and sustainable corporate practices. The firm’s collective investment expertise, driven by its fundamental, quantitative and private investing capabilities, extends globally to a wide range of clients, from financial advisors and their clients to high-net worth and institutional investors including pension plans, corporate plans, sovereign wealth funds, endowments and foundations.

    Headquartered in Toronto, Canada, AGF has investment operations and client servicing teams on the ground in North America and Europe. With over $53 billion in total assets under management and fee-earning assets, AGF serves more than 815,000 investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

    About AGF Investments

    AGF Investments is a group of wholly owned subsidiaries of AGF Management Limited, a Canadian reporting issuer. The subsidiaries included in AGF Investments are AGF Investments Inc. (AGFI), AGF Investments America Inc. (AGFA), AGF Investments LLC (AGFUS) and AGF International Advisors Company Limited (AGFIA). The term AGF Investments may refer to one or more of these subsidiaries or to all of them jointly. This term is used for convenience and does not precisely describe any of the separate companies, each of which manages its own affairs. AGF Investments entities only provide investment advisory services or offers investment funds in the jurisdiction where such firm and/or product is registered or authorized to provide such services.

    About AGF Capital Partners

    AGF Capital Partners is AGF’s multi-boutique alternatives business with Affiliate Managers across both private assets and alternative strategies across both private assets and alternative strategies. Clients benefit from the specialized investment expertise of Affiliate Managers1 combined with the organizational support and breadth of resources of AGF Management Limited (AGF). With over 18 years average experience, AGF Capital Partners Affiliate Managers including, Kensington Capital Partners Limited, New Holland Capital, LLC and AGF SAF Private Credit, manage approximately C$13.7 billion* in alternative AUM and fee earning assets on behalf of institutional and retail clients. Affiliate Manager AUM may not be consolidated into AGF Management Limited’s reported AUM.

    *U.S. AUM converted FX rate at May 31, 2025 (1.38)

    The term ‘Affiliate Manager’ refers to any partner regardless of relationship structures or revenue sharing agreements. The form of AGF’s structured partnership interests in Affiliate Managers differs from Affiliate Manager to Affiliate Manager. The structure of the relationship with a particular Affiliate Manager, or the revenue that AGF agrees to share in, may change. Affiliate Managers only provide investment advisory services or offer products in the jurisdiction where such firm, individuals and/or product is registered or authorized to provide such services.

    Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus before investing. Investment funds are not guaranteed, their values change frequently, and past performance may not be repeated.

    AGF Management Limited shareholders, analysts and media, please contact:

    Nick Smerek
    VP, Financial Planning & Analysis
    416-865-4337, InvestorRelations@agf.com

    Caution Regarding Forward-Looking Statements

    This press release includes forward-looking statements about the Company, including its business operations, strategy and expected financial performance and condition. Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, or include words such as ‘expects,’ ‘estimates,’ ‘anticipates,’ ‘intends,’ ‘plans,’ ‘believes’ or negative versions thereof and similar expressions, or future or conditional verbs such as ‘may,’ ‘will,’ ‘should,’ ‘would’ and ‘could.’ In addition, any statement that may be made concerning future financial performance (including income, revenues, earnings or growth rates), ongoing business strategies or prospects, fund performance, and possible future action on our part, is also a forward-looking statement. Forward-looking statements are based on certain factors and assumptions, including expected growth, results of operations, business prospects, business performance and opportunities. While we consider these factors and assumptions to be reasonable based on information currently available, they may prove to be incorrect. Forward-looking statements are based on current expectations and projections about future events and are inherently subject to, among other things, risks, uncertainties and assumptions about our operations, economic factors and the financial services industry generally. They are not guarantees of future performance, and actual events and results could differ materially from those expressed or implied by forward-looking statements made by us due to, but not limited to, important risk factors such as level of assets under our management, volume of sales and redemptions of our investment products, performance of our investment funds and of our investment managers and advisors, client-driven asset allocation decisions, pipeline, competitive fee levels for investment management products and administration, and competitive dealer compensation levels and cost efficiency in our investment management operations, as well as general economic, political and market factors in North America and internationally, interest and foreign exchange rates, global equity and capital markets, business competition, taxation, changes in government regulations, unexpected judicial or regulatory proceedings, technological changes, cybersecurity, the possible effects of war or terrorist activities, outbreaks of disease or illness that affect local, national or international economies, natural disasters and disruptions to public infrastructure, such as transportation, communications, power or water supply or other catastrophic events, and our ability to complete strategic transactions and integrate acquisitions, and attract and retain key personnel. We caution that the foregoing list is not exhaustive. The reader is cautioned to consider these and other factors carefully and not place undue reliance on forward-looking statements. Other than specifically required by applicable laws, we are under no obligation (and expressly disclaim any such obligation) to update or alter the forward-looking statements, whether as a result of new information, future events or otherwise. For a more complete discussion of the risk factors that may impact actual results, please refer to the ‘Risk Factors and Management of Risk’ section of the 2024 Annual MD&A.

    The MIL Network

  • Piyush Goyal chairs review meeting on PLI scheme

    Source: Government of India

    Source: Government of India (4)

    Union Minister of Commerce and Industry Piyush Goyal on Wednesday chaired a high-level review meeting on the Production Linked Incentive (PLI) Scheme, underlining its critical role in making India “Aatmanirbhar” in the manufacturing sector. During the meeting, held with representatives from all concerned ministries, Goyal emphasized that India must focus on sectors where it holds a competitive edge globally and proactively address the challenges faced by various stakeholders to boost the country’s exports.

    Highlighting the need for self-reliance in the key sectors covered under the PLI Scheme, Goyal stressed the importance of building quality skilled manpower over quantity. He urged ministries to work in collaboration with the National Industrial Corridor Development Corporation (NICDC) to resolve infrastructure bottlenecks. The minister also called for a well-defined roadmap for the next five years, both in terms of attracting investment and disbursing incentives under the scheme.

    The PLI Scheme, currently at various stages of implementation across 14 key sectors, has attracted investments worth ₹1.76 lakh crore and generated production and sales exceeding ₹16.5 lakh crore. This, in turn, has created over 12 lakh direct and indirect jobs as of March 2025. So far, a cumulative incentive of ₹21,534 crore has been disbursed under the scheme across 12 sectors including large-scale electronics manufacturing, IT hardware, bulk drugs, medical devices, pharmaceuticals, telecom and networking products, food processing, white goods, automobiles and auto components, specialty steel, textiles, and drones and drone components.

    The impact of the scheme has been significant in driving domestic manufacturing, creating employment, increasing exports, and fostering innovation. In the pharmaceutical drugs sector, the scheme has generated cumulative sales worth ₹2.66 lakh crore, including ₹1.70 lakh crore in exports within the first three years. In FY 2024-25 alone, eligible product exports stood at ₹67,000 crore—around 27 per cent of the country’s total pharma exports. Notably, 40 percent of the total investment in the sector, amounting to ₹15,102 crore, has been directed towards research and development. As of March 2025, the domestic value addition in the pharmaceutical sector stood at an impressive 83.7 per cent.

    In the bulk drugs sector, the PLI Scheme has played a transformative role by enabling India to become a net exporter of bulk drugs, with exports worth ₹2,280 crore in FY 2024-25, a reversal from the net import position of ₹1,930 crore in FY 2021-22. This shift has significantly reduced the gap between domestic manufacturing capacity and the demand for critical drugs.

    The food processing sector has also seen strong results, reporting investments worth ₹9,032 crore, which have resulted in production and sales of ₹3,80,350 crore and generated employment for 3,40,116 people. The scheme has encouraged the use of domestically grown agricultural products, thereby benefiting rural and underdeveloped areas and supporting farmers’ incomes. A majority of the beneficiaries are MSMEs, with 70 MSMEs directly enrolled and 40 more serving as contract manufacturers for larger firms. The value-added marine product segment has seen sales grow at a CAGR of 22 per cent during the PLI period. Additionally, the launch of the PLI Millet Scheme has led to a 25-fold increase in the sales of millet-based products in FY 2024-25 compared to the base year of FY 2020-21. Millet procurement by PLI beneficiaries increased from 4,081 metric tonnes in 2022-23 to 16,130 metric tonnes in 2024-25, boosting rural household incomes.

    In the textiles sector, exports of Indian man-made fibre (MMF) textiles reached US$ 6 billion in FY 2024-25, up from US$ 5.7 billion in the previous fiscal year. Exports of technical textiles also increased significantly, rising to US$ 3,356.5 million in FY 2024-25 from US$ 2,986.6 million in FY 2023-24.

  • MIL-OSI United Kingdom: Negotiations update on an enhanced UK-Switzerland FTA

    Source: United Kingdom – Executive Government & Departments

    News story

    Negotiations update on an enhanced UK-Switzerland FTA

    The seventh round of negotiations on an enhanced Free Trade Agreement (FTA) with Switzerland took place in London between 5 and 13 June 2025.

    Economic growth is our first mission in government and FTAs have an important role to play in achieving this. An enhanced trade agreement with Switzerland will support British businesses, back British jobs, and put more money in people’s pockets.

    Switzerland is the UK’s 10th biggest trading partner and the UK-Swiss trade relationship was worth more than £45 billion in 2024. Services exports account for more than £18 billion of this, making Switzerland the UK’s 6th largest services export partner. This included over £700 million from Scotland and £1 billion from the North West in 2022. The trading relationship supported 130,000 services jobs across the UK in 2020.    

    An enhanced FTA with Switzerland aims to deliver long-term certainty for UK services firms, by locking in access to the Swiss market, guaranteeing the free flow of data and cementing business travel arrangements.

    Provisional agreement was reached on a number of areas, including Rules of Origin, Dispute Settlement, Development, Consumer Protection, Anti-Corruption, and Animal Welfare.

    Round 8 of negotiations is set to take place in Switzerland in Autumn 2025.

    The government will only ever sign a trade agreement which aligns with the UK’s national interests, upholding our high standards across a range of sectors, alongside protections for the National Health Service.

    Any organisations or individuals interested in speaking to the Department for Business and Trade about negotiations with Switzerland should do so by emailing ch.fta.engagement@businessandtrade.gov.uk.

    Updates to this page

    Published 25 June 2025

    MIL OSI United Kingdom

  • Sensex, Nifty rise for 2nd day as geopolitical tensions ease, oil prices fall

    Source: Government of India

    Source: Government of India (4)

    Indian stock markets extended their gains for the second straight day on Wednesday, supported by strong buying in media and technology shares.

    Investors were relieved after crude oil prices dropped and tensions between Iran and Israel eased following a ceasefire.

    The Sensex closed 700.4 points higher at 82,755.51, gaining 0.85 per cent. The Nifty also rose by 200.40 points to settle at 25,244.75, up 0.8 per cent.

    Titan Company, M&M, Infosys, Power Grid, TCS and Bharti Airtel emerged as the top gainers on the Sensex, with gains of up to 3.6 per cent.

    On the other hand, BEL, Kotak Mahindra Bank and Axis Bank were the major laggards, falling as much as 3 per cent.

    The broader markets saw a positive trend as well. The Nifty MidCap index gained 0.44 per cent, while the Nifty SmallCap index jumped 1.5 per cent.

    Among sectoral indices, Nifty Media was the top performer with a 1.99 per cent rise, followed by Nifty IT which went up 1.64 per cent, and Nifty Consumer Durables which gained 1.43 per cent.

    Market sentiment improved due to the drop in oil prices and reduced geopolitical risk, which helped boost risk appetite among investors.

    Analysts believe that these developments have brought temporary relief to the markets, despite continued selling by foreign investors.

    Vinod Nair of Geojit Financial Services, said that the easing of tensions in the Middle East and the softening of crude oil prices have played a key role in the market’s recovery.

    “Indian equity markets have staged a recovery, supported by easing geopolitical tensions in the Middle East and a moderation in crude oil prices,” Nair stated.

    He added that domestically, a favourable monsoon forecast, and moderating inflation are further underpinning the optimism.

    Meanwhile, the Indian Rupee traded flat near 86.10 after a sharp rally of over 0.75 seen in the previous session, taking a breather within a narrow range of 86.00-86.15.

    “Market participants are now eyeing upcoming triggers from the US, including the PCE Price Index and GDP data later this week. The Rupee is expected to trade in a range of 85.70 to 86.25,” Jateen Trivedi of LKP Securities mentioned.

    (IANS)

  • MIL-OSI USA: Disaster Recovery Centers in Anderson, Daviess and Hopkins Counties to Close Permanently; Help is Still Available

    Source: US Federal Emergency Management Agency

    Headline: Disaster Recovery Centers in Anderson, Daviess and Hopkins Counties to Close Permanently; Help is Still Available

    Disaster Recovery Centers in Anderson, Daviess and Hopkins Counties to Close Permanently; Help is Still Available

    FRANKFORT, Ky

    –The Disaster Recovery Centers in Anderson, Daviess and Hopkins counties are scheduled to close permanently this week

    Kentucky survivors who experienced loss as the result of the April severe storms, straight-line winds, flooding, landslides and mudslides can still apply for FEMA assistance

      Hopkins County – Closing permanently Wednesday, June 25, at 7 p

    m

    CTLocation: Hopkins County Fairground605 E

    Arch St, Madisonville, KY 42431Working hours until closure: Monday through this Wednesday 9 a

    m

    to 7 p

    m

    CT Anderson County – Closing permanently Thursday, June 26, at 7 p

    m

    ETLocation: Anderson Co

    Community Center1026 County Park RdLawrenceburg, KY 40342Working hours until closure:  Monday through this Thursday 9 a

    m

    to 7 p

    m

    ET Daviess County – Closing permanently Thursday, June 26, at 7 p

    m

    CTLocation: Stanley Fire Department159 Highway 1554 Stanley, KY 42301Working hours until closure: Monday through this Thursday 9 a

    m

    to 7 p

    m

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

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

    The U

    S

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

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

    The deadline to apply is July 25

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

    No appointment is needed

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

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

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

    There are other ways to apply: online at DisasterAssistance

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

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

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

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

    Your Social Security Number

     A general list of damage and losses

    Banking information if you choose direct deposit

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

    For more information about Kentucky flooding recovery, visit www

    fema

    gov/disaster/4860 and www

    fema

    gov/disaster/4864

    Follow the FEMA Region 4 X account at x

    com/femaregion4

     
    martyce

    allenjr
    Tue, 06/24/2025 – 19:45

    MIL OSI USA News

  • MIL-OSI USA: Office of the Governor – News Release – Governor Green Amends Intent-to-Veto List

    Source: US State of Hawaii

    Office of the Governor – News Release – Governor Green Amends Intent-to-Veto List

    Posted on Jun 24, 2025 in Latest Department News, Newsroom, Office of the Governor Press Releases

    STATE OF HAWAIʻI
    KA MOKU ʻĀINA O HAWAIʻI

     
    JOSH GREEN, M.D.
    GOVERNOR
    KE KIAʻĀINA

     

    GOVERNOR GREEN AMENDS INTENT-TO-VETO LIST 
     

    FOR IMMEDIATE RELEASE
    June 24, 2025

    HONOLULU – Governor Josh Green, M.D., today added SB 935, Relating to Government, to the 2025 Intent-to-Veto list transmitted to Legislative leadership by the statutorily required June 24 deadline. SB 935 is one of the more complex pieces of legislation to emerge from the 2025 session. By including this bill on the list, it allows the Governor to have the time to make an informed and well-researched decision. The addition of the bill brings the number of bills on the Intent-to-Veto list to 20, as compared to the record number of bills Governor Green has signed from the past session.

    Again, Governor Green is not required to veto every bill indicated on the Intent-to-Veto list, but cannot veto a bill that is not included. The release of this list provides additional time to continue ongoing discussions with key stakeholders concerning implementation and impact. Due to the record-setting number of bills enrolled to the governor this legislative session, potential changes to the state’s federal funding and reduced revenue projections from the Council on Revenues, additional time to analyze bills will ensure each bill is given the nuanced, thoughtful consideration it deserves. Governor Green has until July 9 to issue final vetoes. All other bills will become law by July 9.

    “Let me be clear: of the 320 bills passed by the Legislature this session, 20 are on our Intent-to-Veto list,” said Governor Green. “Our team has completed a review of every measure and the overwhelming majority of legislation will become law. Each bill on today’s list is based on thorough legal and fiscal analysis, and as always, was guided by what will best serve the people of Hawai‘i, protect our resources and strengthen our future.”

    To date, Governor Green has signed more than 200 bills into law benefiting the people and ‘āina of Hawai‘i, with core themes including environmental stewardship, educational access and success, as well as public safety. These represent key focus areas so far; additional bills awaiting signature will build upon this foundation to address state priorities. The remaining bills are on track to become law by July 9.

    Over 300 bills were reviewed by state departments and agencies, the Attorney General and the Governor in the last month. The Governor has until July 9 to issue final vetoes from the list, to sign them into law, or to allow them to become law without his signature.

    The following bills are being considered for vetoes, line-item vetoes, or reductions. Note that line-item vetoes only apply to fiscal bills.

    Fiscal Bills:

    HB126: RELATING TO PROPERTY FORFEITURE

    Bill Description: Increases transparency and accountability surrounding property forfeiture. Clarifies which property is subject to forfeiture. Amends the authorized disposition of forfeited property and the proceeds thereof. Requires the Attorney General to adopt rules necessary to carry out the purpose of the Hawaiʻi Omnibus Criminal Forfeiture Act. Repeals language that requires the Hawaiʻi Omnibus Criminal Forfeiture Act to be construed liberally.

    Veto Rationale: Asset forfeiture serves as a powerful deterrent against and punishment for criminal activity. The one-year deadline to return seized property for which the owner has not been charged with a covered offense, significantly weakens the efficacy of this dual deterrent and punishment. Many covered offenses, including felonies, often involve complex investigations that extend beyond a year, rendering this bill’s one-year deadline for law enforcement to file charges unrealistic. Seized property can serve as critical evidence in investigations, and its return before an investigation’s completion would severely hamper the investigation as well as the administration of justice at large.

    HB300: RELATING TO THE STATE BUDGET

    Bill Description: Appropriates funds for the operating and capital improvement budget of the Executive Branch for fiscal years 2025-2026 and 2026-2027.

    Veto Rationale: Potential shifts in federal funding, coupled with recent projections from the Hawaiʻi Council on Revenues, require the state to reevaluate its budget to ensure essential services and priorities remain supported. Specific line-item reductions based on program feasibility, stability, and sustainability will help the state enter the fiscal year with a balanced budget and sound financial plan.

    HB302: RELATING TO CANNABIS
    Bill Description: Part I: Authorizes DOH to inspect qualifying patient medical records held by the physician, advanced practice registered nurse, or hospice provider who issued a written certification for the qualifying patient. Amends and adds definitions for purposes of the medical use of cannabis law. Clarifies the conditions of use for the medical use of cannabis. For purposes of issuing written certifications, authorizes the establishment of a provider-patient relationship via telehealth and limits the maximum amount of fees that can be assessed by providers. Authorizes the sale of hemp products and accessories for the medical use of cannabis at retail dispensing locations, except in waiting rooms. Clarifies transportation requirements for certain inter-dispensary sales of cannabis and manufactured cannabis products. Part II: Establishes criminal penalties for the unlicensed operation of a medical cannabis dispensary. Part III: Authorizes expenditures from the Medical Cannabis Registry and Regulation Special Fund to fund programs for the mitigation and abatement of nuisances related to illegal cannabis and hemp products and medical cannabis dispensaries and appropriates funds from the Special Fund to the AG’s Drug Nuisance Abatement Unit for these purposes, including establishing positions. Part IV: Beginning 1/1/2028, prohibits the cultivation of cannabis without a cannabis cultivator license issued by DOH.

    Veto Rationale: This administration remains committed to Hawai‘i’s existing medical cannabis program and supports efforts to expand access to medical cannabis for any medical condition. Although this bill’s authorization of medical cannabis certifications via telehealth expands access to medical cannabis, provisions authorizing the inspection of patients’ medical records without warrant constitute a grave violation of privacy. Given that the federal government classifies cannabis as a Schedule I substance, patients’ reasonable fears of repercussions based upon information gained from inspection of their personal medical records may deter patients from participating in the medical cannabis program.

    HB496: RELATING TO MĀMAKI TEA

    Bill Description: Prohibits the use of certain words and misleading Hawaiian imagery, place names, and motifs on the label of a consumer package that contains or includes tea or dried leaves from the plant Pipturus albidus, unless 100% of the tea or dried leaves were cultivated, harvested, and dried in the state. Appropriates funds for a Measurement Standards Inspector position.

    Veto Rationale: While the intent of this measure is to ensure consumer protection and reliable Made in Hawai‘i labeling, the bill imposes overly strict labeling requirements that could harm small businesses and māmaki producers who responsibly blend leaves from multiple sources. Prohibiting the labeling of products composed of less than 100% māmaki tea as “māmaki” ignores the economic contributions of and impacts to producers who mix or process māmaki with other herbs, undermining producers who support local māmaki farmers while meeting broader demand.

    HB796: RELATING TO TAX CREDITS

    Bill Description: Requires that income tax credits existing on 12/31/2025 or established or renewed after 12/31/2025 include a five-year sunset or an annual one-third reduction, beginning with the sixth year of the credit.

    Veto Rationale: This bill would have a significant long-term impact on income tax credits across a variety of industries, including film and television, research, and renewable energy. These tax credits are critical to supporting economic development and diversification, particularly within growing and emerging sectors. Categorically sunsetting income tax credits will not only disincentivize future investors from doing business in Hawai‘i, but will destabilize existing businesses that currently rely upon these tax credits.

    HB1369: RELATING TO TAXATION

    Bill Description: Amends and repeals certain exemptions under the general excise tax and use tax laws.

    Veto Rationale: The amendments to the general excise tax and use tax contained in this bill would impact sugarcane producers, commercial fishing vessels and securities exchanges. Removing the specific tax exemptions afforded to these entities would provide little financial benefit to the state while harming, in particular, sugarcane producers.

    SB583: RELATING TO NAMING RIGHTS

    Bill Description: Allows the naming rights of the Stadium Facility and Convention Center Facility to be leased to any public or private entity. Requires any revenues derived from advertising or marketing in or on the Stadium Facility or Convention Center Facility to be deposited into the appropriate special fund of the facility. Authorizes the display of the name of any entity that leased the naming rights to a stadium operated by the Stadium Authority on the exterior of the stadium.

    Veto Rationale: Pursuant to section 14, article III, of the Hawai‘i State Constitution, each bill may only contain one subject, which must pertain to the bill’s title. The exemption of concessions in the stadium facility and Convention Center from typical concession procurement procedures may violate section 14, article III, of the Hawai‘i State Constitution since the exemption appears to fall outside the titular scope of the bill, naming rights.

    SB589: RELATING TO RENEWABLE ENERGY

    Bill Description: Requires the Public Utilities Commission to establish an installation goal for customer-sited distributed energy resources in the state. Requires the Public Utilities Commission to establish tariffs to achieve the installation goal and for grid services programs, microgrids and community-based renewable energy. Ensures that certain levels of compensation are provided for solar and energy storage exports from customer-sited distributed energy resources as part of grid service programs and requires the Public Utilities Commission to establish grid service compensation values. Clarifies when a person who constructs, maintains, or operates a new microgrid is not considered a public utility. Authorizes wheeling of renewable energy and requires the Public Utilities Commission to establish policies and procedures to implement wheeling and microgrid service tariffs.

    Veto Rationale: Maintaining Hawai‘i’s leadership in clean energy through established goals and initiatives remains a priority. The Public Utilities Commission has already opened or plans to open proceedings relating to microgrid services tariffs and customer-sited distributed energy resources and grid services. The mandates contained in this bill therefore risk duplication and delay of already existing efforts.

    Non-Fiscal Bills:

    HB235: RELATING TO TRAFFIC SAFETY

    Bill Description: Requires the Department of Transportation, after the City and County of Honolulu educates the public and adjusts any systems, to expand the use of photo red light imaging detector systems and automated speed enforcement systems to locations on the North Shore of O‘ahu.

    Veto Rationale: The Department of Transportation has developed specific criteria for the selection of communities within which to implement traffic safety systems. This criteria incorporates data-driven crash, citation and traffic volume metrics, which ensure communities are chosen based on need and potential for greatest impact. Ignoring this criteria in favor of legislatively mandated location selection threatens the integrity of the photo red light imaging detector system and automated speed enforcement system programs.

    HB800: RELATING TO GOVERNMENT

    Bill Description: Provides for the transfer of certain parcels in the Liliha Civic Center area and Iwilei Fire Station area from various state agencies to the City and County of Honolulu. Provides for the transfer of the parcel of land upon which Ali‘i Tower is sited from the City and County of Honolulu to the Department of Land and Natural Resources. Exempts the lands transferred to the Department of Land and Natural Resources from the definition of public lands for purposes of Chapter 171, HRS.

    Veto Rationale: The land transfers provided in the bill would negatively impact the City and County of Honolulu, which relies upon Ali‘i Tower’s land lease revenues and office spaces. Additionally, the state would face indeterminate additional costs, as Ali‘i Tower’s age likely necessitates capital improvements and ongoing maintenance. Although the intent of this bill is to reduce the state’s reliance on private commercial office space, no analysis exists identifying the amount of office space the acquisition of Aliʻi Tower would provide the state.

    HB958: RELATING TO TRANSPORTATION

    Bill Description: Establishes safe riding behaviors for electric bicycles. Prohibits the operation of high-speed electric devices in certain locations. Establishes labeling and signage requirements for electric bicycles. Prohibits the operation of a moped or electric motorcycle in certain locations. Amends the definition of “bicycle” for purposes of county vehicular taxes. Defines “electric bicycle” in place of “low-speed electric bicycle.” Defines “electric micro-mobility device” and requires the same regulations as electric foot scooters to apply to electric micro-mobility devices. Prohibits a person under the age of 16 from operating a class 3 electric bicycle. Authorizes a person under the age of 14 to operate class 2 electric bicycles under supervision. Prohibits a person from riding a class 3 electric bicycle on a sidewalk. Authorizes a person to ride a class 1 or class 2 electric bicycle on a sidewalk under certain circumstances. Prohibits a person from operating a bicycle or electric foot scooter under the age of 18 without a helmet. Repeals the requirement that moped drivers use bicycle lanes and substitutes the term “motor-driven cycle” with the term “motor scooter.”

    Veto Rationale: While mopeds and motorcycles are exempt from the prohibition established within this bill, on “high-speed electric devices” driving on public roadways, electric cars are not exempt. Such a prohibition would likely violate the Commerce Clause and Equal Protection Clause of the United States Constitution and conflict with the administration’s commitment to reducing greenhouse gas emissions.

    HB1296: RELATING TO THE MAJOR DISASTER FUND

    Bill Description: Establishes timely notice and reporting requirements to the Legislature by the Governor regarding the transfer of appropriations to the Major Disaster Fund. Effective 7/1/2025. Sunsets 7/1/2026.

    Veto Rationale: The administration is committed to the transparent, efficient management of state funds. During times of emergency, flexibility and the quick release of funds is necessary to respond to rapidly changing situations. This bill disrupts the delicate balance between reporting requirements facilitating government transparency and fiscal flexibility undergirding efficient response and recovery efforts. Placing additional administrative oversight over funds expended for emergencies jeopardizes public safety.

    SB15: RELATING TO HISTORIC PRESERVATION

    Bill Description: Amends the definition of “historic property” to require that the property is over 50 years old and meets the criteria for inclusion in the Hawaiʻi Register of Historic Places. Excludes proposed projects on existing residential property and proposed projects that are in nominally sensitive areas from the State’s Historic Preservation Program review, under certain circumstances.

    Veto Rationale: Exempting proposed projects on any existing residential property from historic preservation review fails to consider properties that have never undergone such a review and may contain historically significant artifacts or iwi kūpuna. This categorical exclusion increases the risk for desecration of iwi kūpuna and historical resources. Although Governor Green supports amending the historic preservation review process to facilitate housing production, a more nuanced approach to protecting iwi kūpuna is needed, such as that advanced in SB 1263.

    SB31: RELATING TO PROPERTY

    Bill Description: Authorizes a person who discovers a recorded discriminatory restrictive covenant to take certain actions, without liability, to invalidate the covenant. Defines discriminatory restrictive covenant.

    Veto Rationale: By enabling any person, including those without any interest in the specified real property, to record a statement that a real property’s title includes a discriminatory restrictive covenant, this bill provides a statutorily authorized mechanism for the circulation of disinformation. This disinformation has the potential to negatively affect the marketability of a property. Because the person who recorded the statement claiming a discriminatory restrictive covenant exists is waived of any liability, no recourse is available to those who suffer financial loss due to inaccurate claims concerning their property’s title.

    SB38: RELATING TO HOUSING

    Bill Description: Requires the Hawaiʻi Housing Finance and Development Corporation to provide counties with an opportunity to comment on certain housing development projects. Prohibits the legislative body of a county from imposing stricter conditions than the Hawaiʻi Housing Finance and Development Corporation, stricter area median income requirements, or a reduction in fee waivers to housing development proposals that would increase the cost of the project.

    Veto Rationale: County councils have expressed concerns that this bill hampers their ability to work with developers to modify housing projects to reflect the specific needs of their communities. While the administration supports measures intended to facilitate the production of affordable housing, further dialogue with the counties on this measure’s implementation is required.

    SB66: RELATING TO HOUSING

    Bill Description: Establishes procedures and requirements for single-family and multifamily housing project applicants to apply for an expedited permit, including requirements for completeness of expedited permit applications, duties of licensed professionals and the counties during construction, and applications for owner-builder exemptions. Takes effect 7/1/2026. Sunsets 6/30/2031.

    Veto Rationale: By allowing any qualified professional to determine a project’s impact on historical resources, this bill permits a project proponent to evaluate and determine the impact of its own projects on historical resources. This is a conflict of interest that allows for self-serving determinations, undermines the authority and purpose of regulatory agencies’ independent evaluations, and increases risk to iwi kūpuna.

    SB104: RELATING TO CORRECTIONS

    Bill Description: Beginning 7/1/2026, restricts the use of restrictive housing in state-operated and state-contracted correctional facilities, with certain specified exceptions. Establishes a restrictive housing legislative working group to develop and recommend more comprehensive laws, policies and procedures regarding restrictive housing for members of vulnerable populations by 1/8/2027. Requires the Hawaiʻi Correctional System Oversight Commission to review restrictive housing placements on an annual basis. Authorizes the Department of Corrections and Rehabilitation, by 12/1/2027, to implement policies and procedures recommended by the restrictive housing working group related to committed persons. Requires interim and final reports to the Legislature and Hawaiʻi Correctional System Oversight Commission.

    Veto Rationale: The Department of Corrections and Rehabilitation has policies in place governing the use of restrictive housing. These policies and procedures comply with National Institute of Corrections and American Correctional Association standards. Rather than improve the health and safety of those in the department’s care, the implementation of certain requirements proposed in this bill will jeopardize the safety, security and good governance of the department’s facility, negatively impacting inmates. In lieu of this measure and to address stakeholders’ concerns, the department is working with the Hawaiʻi Correctional Systems Oversight Commission to amend its policies and procedures.

    SB447: RELATING TO A DEPARTMENT OF HEALTH PILOT PROGRAM

    Bill Description: Establishes a Hiring Pilot Program within the Department of Health, which includes an amended hiring procedure for delegated position classifications, certain flexibilities regarding minimum qualifications for positions having a salary range at or below SR-10, the ability to directly hire certain individuals into a civil service position if certain conditions are met, and the authority to make certain temporary appointments at the merited civil service pay scale without step limitation. Applies to recruitments initiated before 7/1/2028. Requires annual reports to the Legislature. Sunsets 7/1/2028.

    Veto Rationale: The governor strongly supports efforts to streamline the state’s hiring process to address our workforce vacancies, especially those in our state’s public health sector. However, this bill conflicts with state civil service law, undermining the state’s merit-based civil service system. Disparities in hiring, classification and compensation throughout the state are expected to occur should this bill become law.

    SB1102: RELATING TO THE AIRCRAFT RESCUE FIRE FIGHTING UNIT

    Bill Description: Specifies the appointment processes and terms for the Fire Chief of the Hawaiʻi State Aircraft Rescue Fire Fighting Unit of the Airports Division of the Department of Transportation.

    Veto Rationale: The appointment process proposed in the bill is inconsistent with the selection process for other department leadership positions. Further, due to the need to obtain legislative approval for the appointment of the Fire Chief, following the appointment process contained in this bill may delay the appointment of this critical leadership position, impacting airport operations, safety and readiness.

    # # #

    Media Contacts:  
    Erika Engle
    Press Secretary
    Office of the Governor, State of Hawai‘i
    Office: 808-586-0120
    Email: [email protected] 

    Makana McClellan
    Director of Communications
    Office of the Governor, State of Hawaiʻi
    Cell: 808-265-0083
    Email: [email protected]

    MIL OSI USA News

  • MIL-OSI United Kingdom: MHRA publishes final Business Plan for 2023-2026 Corporate Plan 

    Source: United Kingdom – Executive Government & Departments

    News story

    MHRA publishes final Business Plan for 2023-2026 Corporate Plan 

    The new Business Plan sets out priorities for 2025–26: Protecting public safety and maintaining public trust; delivering efficient, predictable services through regulatory excellence; being an agile organisation that drives innovation; being a great place to work and providing excellent customer service. 

    The Medicines and Healthcare products Regulatory Agency (MHRA) has published its Business Plan for 2025/26, reaffirming its commitment to keeping patients safe and enabling access to high quality and effective medical products through innovation across the UK. 

    As an Executive Agency of the Department of Health and Social Care, the MHRA plays a key role in delivering the Government’s priorities to help people live healthier, longer lives. This includes supporting the missions to ensure safe and fast regulatory approval, helping build an NHS fit for the future, and driving innovation and growth in the UK’s Life Sciences sector.  

    The MHRA Business Plan for 2025/26 includes commitments towards: 

    • Strengthening patient safety further, by making safety monitoring faster, more efficient, and more data driven 

    • Implementing an agile and risk-proportionate regulatory environment that enables growth  

    • Embedding changes needed to continue maintaining consistent performance and efficient delivery of core services within predictable timeframes.  

     The full MHRA Business Plan 2025/26 can be found on the MHRA website.    

    Notes to Editors 

    • The MHRA’s 2025/26 Business Plan is available here

    • The MHRA is an executive agency of the Department of Health and Social Care. 

    • The Medicines and Healthcare products Regulatory Agency (MHRA) regulates all medicines and medical devices in the UK, ensuring they are effective and acceptably safe. All decisions are underpinned by rigorous, evidence-based judgements to ensure the benefits outweigh any risks. 

    • For media enquiries, please contact: newscentre@mhra.gov.uk or call 020 3080 7651.

    Updates to this page

    Published 25 June 2025

    MIL OSI United Kingdom

  • MIL-OSI Banking: Verizon Business wins multisite private 5G contract fueling a multibillion dollar regeneration project

    Source: Verizon

    Headline: Verizon Business wins multisite private 5G contract fueling a multibillion dollar regeneration project

    What you need to know:

    • Verizon Business, in collaboration with Nokia, will deliver multiple Verizon Private 5G Networks to industrial campuses across the Thames Freeport, one of the UK’s busiest maritime logistics and manufacturing regions.
    • The Thames Freeport is a designated UK “Free Trade Zone,” established to boost economic growth, create high-value jobs and attract global investment as part of a long-term effort to revive the UK’s River Thames Estuary region.
    • Thames Freeport will use Verizon Private 5G to enhance port operations with AI-driven data analytics, autonomous vehicle control, real-time logistics orchestration, innovation research & development, and more.

    LONDON, U.K. — Verizon Business, Thames Freeport and Nokia today announced a strategic partnership to deploy Verizon Private 5G Networks across multiple key logistics, manufacturing, and innovation sites along the River Thames Estuary in the United Kingdom. The Verizon Private 5G Networks will serve as the technology foundation for a multiyear, multibillion dollar operational transformation and economic revival for the region, one of the busiest maritime logistics hubs in the United Kingdom.

    The Private 5G Networks buildout provides a scalable, long-term connectivity foundation for advanced data, AI, edge compute, and IoT infrastructure deployments aimed at transforming port and manufacturing operations.

    The technological enhancements will play a direct role in boosting the local economy, underpinning job training and reskilling efforts as part of employment initiatives and supporting innovation and research & development collaborations among Freeport tenants and outside corporate, government, and research entities. Thames Freeport has already created 1,400 jobs and plans to reach 5,000 by 2030, with a focus on high-skilled training for local communities.

    Private 5G Deployments at Thames Freeport

    The Verizon Private 5G Networks will enable advanced data and application capabilities for  AI-driven data analytics, predictive maintenance, process automation, autonomous vehicle control, safety monitoring, and real-time logistics orchestration. Nokia is the sole hardware and software provider for the networks, which will incorporate the Nokia Digital Automation Cloud (DAC) platform and Nokia MX Industrial Edge (MXIE). The Verizon Private 5G Networks will be deployed to the following:

    • DP World London Gateway and DP World Logistics Park, the UK’s largest and most integrated deep-sea container port and logistics facility, with port capacity to handle over 3 million units per year. The hub includes a rail terminal with 20 daily services and a 9.25 million square foot high-tech logistics center.
    • Port of Tilbury, the largest of the mixed-use Thames Freeport ports. Tilbury handles 16 million tonnes of cargo per year across 31 independent working terminals. Operated by Forth Ports, the sites comprise a crucial logistics hub for the construction, automotive and food & drink sectors.
    • Ford Dagenham, the largest manufacturing site in London, this unique location gives access to regional manufacturing clusters, proximity to suppliers, and brings key production closer to the end market.

    Executive Statements

    “Our partnership with Thames Freeport and Nokia shows the full promise of private 5G at scale. Thames Freeport is developing one of the most technologically advanced commercial corridors in Europe to enable forward innovation and economic revitalization for an entire community,” said Jennifer Artley, SVP, 5G Acceleration at Verizon Business. “We’re not just driving operational improvements to help a partner stay ahead of the curve; we’re laying the groundwork for new revenue streams, community development, and further commercial and technological investment.”

    “A flexible, high-performance connectivity platform is critical to our long-term vision,” said Martin Whiteley, CEO, Thames Freeport. “Our investment in private 5G is not an incremental network upgrade—it’s the backbone of a technological transformation fueling our long-term multi-stakeholder mission, which includes operational excellence for tenants; ROI for shareholders like Ford, DP World and Forth Ports; innovation leadership for public and private benefit; circular economy models supporting efficient energy models; empowering community development by enabling high-value job creation and training; and transforming public services with near-real time diagnostics at health-service sites. By partnering with Verizon Business and Nokia, we’re delivering the technology needed to propel our region to the front of the leading edge.”

    “Private wireless and industrial edge are the foundations for the digital transformation of industrial sites, and the Thames Freeport deployment is a landmark example of this evolution at scale. This is one of the largest commercial private 5G rollouts in a European port incorporating the Nokia DAC platform. This network will allow Thames Freeport to overlay advanced use cases such as AI-driven data analytics, predictive maintenance, process automation, autonomous vehicle control, safety monitoring, and real-time logistics orchestration,” said David de Lancellotti, VP of Enterprise Campus Edge Sales at Nokia. “Together with Verizon Business, we’re proud to be enabling the infrastructure that will help Thames Freeport drive new efficiencies, sustainable growth, and long-term economic opportunity for the region.”

    Fueling Growth

    The Thames Freeport has a mission of economic regeneration and operational excellence, centered on stimulating trade, fostering innovation, supporting energy transition, creating jobs and improving the lives of the people around it. Private 5G Networks from Verizon Business can help enable a range of strategic priorities at Thames Freeport sites in service of that mission.

    Select priorities include enabling advanced technology layers such as AI, edge computing, and IoT across active industrial sites where Freeport stakeholders can collaborate on new applications. For example, industrial sites can leverage IoT for autonomous yard tractors and quay cranes and for near real-time tracking, smart routing, and condition monitoring for cargo. That can allow tenants to intake cargo, assess quantity and condition, and ship it out faster and more efficiently, losing less to damage or misplacement. Additionally, AI with edge computing can help manage environmental impact through edge-connected smart sensors and AI-driven analytics that monitor and optimize port operations and asset performance, including near-real time monitoring of emissions, air and water quality, and noise levels.

    Managing the use of the Verizon Private 5G Network infrastructure will be the responsibility of Thames Freeport and its tenant shareholder organizations. This ensures fit-for-purpose connectivity that adapts to site-specific requirements while safeguarding data and operational autonomy.

    MIL OSI Global Banks

  • MIL-OSI Asia-Pac: SFST looks for more co-operation opportunities with AIIB member states at its 10th Annual Meeting of Board of Governors in Beijing (with photos)

    Source: Hong Kong Government special administrative region

    SFST looks for more co-operation opportunities with AIIB member states at its 10th Annual Meeting of Board of Governors in Beijing  
         Speaking at the side event on “Implementing the International Financial Reporting Standards – Sustainability Disclosure Standards (ISSB Standards) from the Ground Up: The AIIB Journey”, Mr Hui noted that while the AIIB is one of the first multilateral development banks to adopt the ISSB Standards, Hong Kong was also confirmed by the International Financial Reporting Standards Foundation earlier this month as among the initial set of jurisdictions having set a target of fully adopting the ISSB Standards.
     
         He said, “By aligning with a global standard, we ensure international comparability of our data. This not only boosts investor confidence but also creates a strong foundation for new opportunities. The Hong Kong Special Administrative Region Government will continue to work in collaboration with financial regulators and stakeholders to support the pragmatic implementation of the ISSB Standards through enhancing capacity building and promoting the use of technological solutions.”
     
         This afternoon, Mr Hui also spoke on “Fostering Development and Infrastructure Connectivity” at the Governors’ Business Roundtable. He shared with delegations from other member states Hong Kong’s efforts in fostering development in sustainable finance as well as developing diverse and innovative financial products. The latter includes the roll-out of the Infrastructure Bond Programme and the issuance of infrastructure loan-backed securities by the Hong Kong Mortgage Corporation Limited (HKMC) with the AIIB as an anchor investor. He told the delegations that a third issuance by the HKMC can be expected this year.
     
         At the AIIB President’s Reception and the Special Session of the Board of Governors’ meeting held yesterday (June 24), Mr Hui met with the President of the AIIB, Mr Jin Liqun, and the President-elect of the AIIB, Ms Zou Jiayi. He also met financial officials of other member states to update them on Hong Kong’s latest developments in green and sustainable finance, and the recent vibrant financial market situation.
     
         In addition, Mr Hui held bilateral meetings separately with delegations from Egypt, Germany and Poland on the sidelines of the Annual Meeting to explore opportunities for further co-operation.
     
         During his stay in Beijing, Mr Hui met with the President of the Industrial and Commercial Bank of China, Mr Liu Jun, and the Chief Financial Officer of the China Construction Bank, Mr Sheng Liurong. He will return to Hong Kong tonight.
    Issued at HKT 17:41

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI: IgniteX Sponsors Taiwan Blockchain Hackathon, Empowering Next Generation of Web3 Innovators

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, June 25, 2025 (GLOBE NEWSWIRE) — MEXC IgniteX, successfully concluded its Silver Partnership sponsorship of Taiwan’s premier Blockchain Hackathon series with Demo Day on June 22, 2025.

    Four-Week Innovation Program

    The comprehensive hackathon program brought together Taiwan’s brightest blockchain developers across four sessions from June 8-22. The series included an opening ceremony on June 8th, intensive development sessions on June 10th and 18th, and concluded with Demo Day and expert panel discussion on June 22.

    Strategic Partnership Impact

    As a Silver Sponsor, IgniteX achieved significant brand visibility throughout the event series. The partnership included strategic booth presence and comprehensive integration across university blockchain communities, local DAOs, and social channels. Leo, MEXC Traditional Chinese Market Business Head, delivered a keynote presentation introducing IgniteX services and participated as a featured panelist during Demo Day. His engagement included sharing insights on blockchain innovation trends and facilitating discussions with finalist teams and industry experts about the future of decentralized technologies.

    Expanding Educational Partnerships in Taiwan

    This hackathon sponsorship builds upon MEXC’s broader commitment to Taiwan’s blockchain education ecosystem. MEXC has established collaborative partnerships with leading Taiwanese universities, including National Taipei University of Technology (NTUT), to foster fintech and blockchain education innovation. The company’s educational initiatives extend beyond traditional sponsorship to include direct industry mentorship and curriculum development support.

    Fostering Web3 Innovation and Strategic Vision

    “This hackathon represents IgniteX’s commitment to fostering blockchain innovation in Taiwan’s vibrant tech ecosystem,” said Leo, MEXC Traditional Chinese Market Business Head. “By supporting these talented developers and entrepreneurs, we’re helping build the foundation for the next generation of Web3 applications and services.”

    IgniteX’s educational investment reinforces its commitment to integrating blockchain education with hands-on development experience. The company provides participants with exposure to development tools, industry best practices, and direct feedback from experienced practitioners within the MEXC ecosystem.

    This sponsorship has sparked discussions about establishing regular blockchain innovation events in Taiwan and potentially creating ongoing partnership programs with academic institutions. MEXC’s investment in Taiwan’s blockchain community contributes to the region’s growing reputation as a blockchain-friendly jurisdiction with strong technical talent, supporting the company’s broader goals of expanding its presence in Asia while identifying and nurturing emerging blockchain talent.

    About MEXC IgniteX
    MEXC IgniteX is a comprehensive Web3 innovation platform providing cutting-edge services for blockchain developers, entrepreneurs, and enterprises. Through strategic partnerships and community engagement, MEXC IgniteX drives adoption and innovation across the global blockchain ecosystem.

    Risk Disclaimer:
    The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4bef5682-2ec8-44e8-94ac-0eb7fbd5eea3

    The MIL Network

  • MIL-OSI Africa: Forum committed to ending corruption at immigration, border management systems

    Source: South Africa News Agency

    Forum committed to ending corruption at immigration, border management systems

    The Border Management and Immigration Anti-Corruption Forum (BMIACF) has reaffirmed its commitment to combating corruption within the country’s immigration and border management systems.

    Launched officially on 25 March 2025, the forum serves as a critical platform for collaboration among key law enforcement, civil society, government and business to address systemic corruption and illicit activities in the sector.

    Chaired by Advocate Andy Mothibi, the Head of the Special Investigating Unit (SIU), the forum held its quarterly meeting recently, which brought together high-level stakeholders, including Michael Masiapato, the Commissioner of the Border Management Authority (BMA), as well as representatives from the National Prosecuting Authority (NPA) and the Directorate for Priority Crime Investigation (DPCI). 

    RAED I Home Affairs, SIU to launch anti-corruption forum in border management

    The forum reviewed progress in the ongoing investigations and corruption prevention strategies in the sector to eradicate corruption.

    The forum received a progress report on the fraudulent and corruption investigations related to the issuance of the following permits and visas:
    – Permanent residence permits
    – Corporate visas
    – Business visas
    – Critical/exceptional skills work visas
    – Study visas
    – Retired persons’ visas
    – Work visas
    – Citizenship by naturalisation

    The forum noted the recommendations made to revoke all irregularly awarded visas and deportation of persons involved, as they have violated the South African laws. Criminal referrals were made to the NPA to prosecute all those who were identified in the investigations to have violated the law. 

    The forum also noted with concerns the abuse of the Traffic Register Numbers (TRNs) that are issued in terms of the National Road Traffic Act, 1996. 

    The preliminary investigations’ findings in the SIU Proclamation 191 of 2024 revealed the abuse and irregularities in the issuing of TRNs, which involves undocumented immigrants in South Africa. 

    The forum resolved to intensify investigations in this space to root out fraud and corruption in the issuing of TRNs.

    The forum also identified the spread of foot and mouth disease as an emerging risk that required increased scrutiny at ports of entry. Strengthening border controls to prevent illegal movement of livestock and contaminated products will be a priority in upcoming discussions.

    The forum noted the corruption prevention initiatives undertaken in some of the border posts. The latest corruption prevention campaign was conducted on 16 April 2025 at the Lebombo Border Post in Komatipoort, Mpumalanga.

    The objective was to promote whistleblowing and raise awareness about corruption in borders. The theme of the campaign was: “If You See Something, Say Something.” 

    The forum noted other corruption prevention initiatives that are planned in the coming quarters, in particular the corruption risk assessments that will be conducted at the border posts.

    Advocate Mothibi emphasised that the forum’s work was part of an intensified, multi-agency effort to combat corruption, ensuring transparency and accountability in immigration processes. 

    “This collaboration is vital to safeguarding South Africa’s borders and maintaining the integrity of our immigration system,” he said.

    The BMIACF will continue to meet quarterly and progress reports  will be shared with relevant oversight bodies and the public when appropriate. – SAnews.gov.za 
     

    Edwin

    MIL OSI Africa

  • MIL-OSI United Kingdom: Call for buses to be run for passengers, not profit

    Source: Scottish Greens

    Scottish Greens call for buses in Glasgow to be nationalised

    The Scottish Greens have called for Glasgow’s buses to be brought back into public ownership to deliver cheaper fares and a better service for passengers.

    Later today (Wednesday 25th June), the Scottish Greens will use a Members’ Business debate to call on the Scottish Government to support the expansion of publicly owned bus services in Glasgow to deliver high-quality, affordable and reliable services.

    Whilst local authorities in Scotland have the power to bring bus services in-house, the Scottish Government has made this process complicated and slow. SPT – Strathclyde Partnership for Transport – has recently consulted the public on their plans to either commission or run bus services in Glasgow, however, campaigners are concerned about ongoing delays and the lack of funding available.

    Ahead of a Green debate in Holyrood about bringing buses back into public hands, party co-leader and sponsor of the Members Business Debate Patrick Harvie said:

    “Glasgow deserves world-class public transport, but everyone who uses it can see that it’s confusing, expensive and unreliable. Fares have increased, routes have been cut, and passengers have been left stranded.

    “But if we had publicly owned bus companies we’d deliver great results for communities.

    “You just have to look at Lothian buses in Edinburgh – over the last decade, they’ve paid back a £36 million dividend to the Council that runs them. That’s the norm in many parts of Europe, and cities like Manchester have made great progress in recent years too.

    “So why shouldn’t we be running our own buses here in Glasgow?”

    Mr Harvie called on the Scottish Government to follow the Scottish Greens’ lead to make public transport cheaper and more accessible for all. He added:

    “The Scottish Greens have a track record of making public transport cheaper for people across Scotland. We delivered free bus travel for young people under the age of 22 and were the first to scrap peak rail fares.

    “Bus fares should be cheap or free for everyone, all the time. But without reliable, accessible and integrated buses even free travel won’t get you very far.

    “Councils desperately need the power to plan the routes they need and cap fares. But that’s only the first step – from there we need to properly support new publicly owned operators.

    “If we get this right, Glasgow and the wider region can achieve better buses for everyone. Glasgow deserves nothing less.”

    MIL OSI United Kingdom

  • MIL-OSI Asia-Pac: Hong Kong’s innovation and technology sector to benefit from Mainland’s expedited patent pre-examination service starting June 30

    Source: Hong Kong Government special administrative region

    Hong Kong’s innovation and technology sector to benefit from Mainland’s expedited patent pre-examination service starting June 30 
         Under the enhanced measure, Hong Kong’s I&T sector (including innovative entities such as enterprises, higher education institutions and research institutions) seeking patent protection on the Mainland may submit patent pre-examination requests to the Shenzhen Intellectual Property Protection Center if they meet the relevant criteria (e.g. the inventions in their applications fall within the specified industry sectors). Upon passing the pre-examination, their patent applications can enter the expedited examination channel of the China National Intellectual Property Administration (CNIPA), significantly shortening the period of examination.
     
         The Director of Intellectual Property, Mr David Wong, said, “This cross-boundary facilitation measure for patent applications can effectively accelerate the legal protection and commercialisation of research outcomes in the vast Mainland market by Hong Kong’s I&T sector. The Hong Kong Special Administrative Region Government expresses its gratitude to the CNIPA for supporting Hong Kong in the advancement of I&T and IP trading, which enables Hong Kong to seize the opportunities brought by the national development of new quality productive forces and contribute to the high-quality development of the Guangdong-Hong Kong-Macao Greater Bay Area.”
     
         For details of the measures, please refer to the Intellectual Property Department’s website 
         The Commerce and Economic Development Bureau and the Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone of Shenzhen Municipality jointly promulgated the 16 Co-operation Measures in February 2023, aiming to advance IP development in Hong Kong and Shenzhen, foster cross-boundary IP and innovation, exchange and co-operation, and support Hong Kong’s development into a regional IP trading centre.
    Issued at HKT 17:00

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Mainland-Hong Kong Green Energy Matchmaking Event promotes development of green maritime fuel supply chain

    Source: Hong Kong Government special administrative region

         The Mainland-Hong Kong Green Energy Matchmaking Event organised by the Trade Development Bureau of the Ministry of Commerce of the People’s Republic of China and co-organised by the Transport and Logistics Bureau (TLB) and the Department of Commerce of Guangdong Province was held today (June 25) simultaneously in Hong Kong and Shenzhen. The Event aims to provide a collaborative platform for relevant suppliers and companies with demand to catalyse a comprehensive green maritime fuel supply chain and trade.
     
         The Event is supported by the Department of Foreign Trade of the Ministry of Commerce, the Commercial Office of the Economic Affairs Department of the Liaison Office of the Central People’s Government (LOCPG) in the Hong Kong Special Administrative Region (HKSAR), as well as a number of relevant organisations, associations and enterprises from Hong Kong and the Mainland. More than 200 representatives from various enterprises, including those from Hong Kong companies with demand for green maritime fuels and relevant fuel suppliers from the Mainland, gathered in the two venues to exchange views and discuss collaborations in relation to fuel off-take and to sign relevant Memoranda of Understanding (MOUs).
     
         The Secretary for Transport and Logistics, Ms Mable Chan, said at the Hong Kong venue, “Hong Kong and the Mainland share the same roots and are closely connected, with strong complementarity in the development of green maritime fuels. The Mainland’s core strength lies in the production of green fuels, while Hong Kong, as the southern gate of Mainland China and an international financial, trading and maritime centre, is not only home to a large number of international shipping enterprises, but also enjoys advantages such as free flow of capital, a financial and legal system that is in line with the rest of the world, and a trade settlement mechanism that allows immediate payment settlements. In addition, Hong Kong is the top bunkering centre in the Guangdong-Hong Kong-Macao Greater Bay Area, the second largest in the whole of China and ranks seventh globally. By adopting the ‘north-to-south sales’ model, under which the high-quality green maritime fuels produced on the Mainland can be exported to the world through Hong Kong’s international trading gateway, we will open up new ‘blue ocean’ opportunities for enterprises from the two places.
     
         “Today’s Event demonstrates the impactful materialisation of the target of the Action Plan on Green Maritime Fuel Bunkering promulgated by the HKSAR Government in November last year. We will develop Hong Kong into the preferred green maritime fuel bunkering and trading centre in the region. We have clearly set out in the Action Plan that we will establish a collaborative platform and provide facilitation measures for stakeholders engaged in green maritime fuel bunkering and related businesses, to help establish an efficient supply chain and trading channels. Today’s first-of-a-kind Event provides a high-quality and efficient networking platform for the supply and demand sides of green maritime fuels, to help Hong Kong and the Mainland to jointly build a green maritime fuel supply chain.”
     
         The signing of nine MOUs by various parties was witnessed by Ms Chan and representatives of relevant enterprises at the Hong Kong venue, and the Deputy Director-General of the Department of Foreign Trade of the Ministry of Commerce, Mr Chang Hui; Deputy Director-General of the Trade Development Bureau of the Ministry of Commerce Mr Zeng Huacheng; the Deputy Director-General of the Economic Affairs Department and Head of the Commercial Office of the LOCPG in the HKSAR, Mr Zhou Qiang; Deputy Director-General of the Department of Commerce of Guangdong Province Mr Sun Bin; member of the Legislative Council Mr Frankie Yick; the Commissioner for Maritime and Port Development, Miss Amy Chan, and representatives of various attending enterprises at the Shenzhen venue. Among them, the TLB signed MOUs with the China Chamber of Commerce of Metals, Minerals & Chemicals Importers & Exporters, a representative industry organisation; Chimbusco Pan Nation Petro-Chemical Co Ltd, a bunkering service provider; CIMC Enric Holdings Limited and the Hong Kong and China Gas Company Limited, green methanol producers, to collaborate on promoting the development of green maritime fuel-related businesses and establishing a market for the trade of green maritime fuels, etc, with a view to integrating the needs of Hong Kong with the capabilities of industry, and further promoting the development of Hong Kong into a green maritime fuel bunkering and trading centre, thereby achieving mutually beneficial co-operation. In addition, the Hong Kong and China Gas Company Limited and the Pacific Basin Shipping Limited signed an MOU at the Hong Kong venue on their preliminary intent for business collaboration on green maritime fuels, which is a solid step forward for the development of a green maritime fuel trading centre in Hong Kong.
     
         In addition, Miss Chan briefed representatives of the attending enterprises on the direction and latest progress of the development of green maritime fuel bunkering and trading in Hong Kong at the Shenzhen venue, including announcing that the Marine Department will gazette the Code of Practice for Methanol Bunkering within this month, and launch the Green Maritime Fuel Bunkering Incentive Scheme which will offer incentives of up to $1 million per enterprise to pioneer enterprises that provide and engage in green maritime fuel bunkering in Hong Kong, for bunkering operations for specific fuels in Hong Kong.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Adjustment in ceiling prices for dedicated LPG filling stations in July 2025

    Source: Hong Kong Government special administrative region

         The Electrical and Mechanical Services Department (EMSD) today (June 25) announced an adjustment to the auto-LPG (liquefied petroleum gas) ceiling prices for dedicated LPG filling stations from July 1 to July 31, 2025, in accordance with the terms and conditions of the contracts for dedicated LPG filling stations.

         A department spokesman said that the adjustment on July 1, 2025, would reflect the movement of the LPG international price in June 2025. The adjusted auto-LPG ceiling prices for dedicated LPG filling stations would range from $3.55 to $4.47 per litre, amounting to a decrease of $0.05 to $0.06 per litre. 

         The spokesman said that the auto-LPG ceiling prices were adjusted according to a pricing formula specified in the contracts.  The formula comprises two elements – the LPG international price and the LPG operating price. The LPG international price refers to the LPG international price of the preceding month. The LPG operating price is adjusted on February 1 and June 1 annually according to the average movement of the Composite Consumer Price Index and the Nominal Wage Index. 

         The auto-LPG ceiling prices for respective dedicated LPG filling stations in July 2025 are as follows:
     

    Location of
    Dedicated
    LPG Filling Station
    Auto-LPG
    Ceiling
    Price in
    July 2025 (HK$/litre)
    Auto-LPG
    Ceiling
    Price in
    June 2025 (HK$/litre)
    Kwai On Road, Kwai Chung 3.55 3.61
    Sham Mong Road, Mei Foo 3.62 3.68
    Wai Lok Street, Kwun Tong 3.67 3.73
    Cheung Yip Street, Kowloon Bay 3.72 3.78
    Ngo Cheung Road, West Kowloon 3.73 3.79
    Yuen Chau Tsai, Tai Po 3.78 3.84
    Tak Yip Street, Yuen Long 3.89 3.95
    Hang Yiu Street, Ma On Shan 3.91 3.97
    Marsh Road, Wan Chai 3.93 3.98
    Fung Mat Road, Sheung Wan  3.95 4.01
    Yip Wong Road, Tuen Mun 4.05 4.11
    Fung Yip Street, Chai Wan  4.47 4.53

        The spokesman said that the details of the LPG international price and the auto-LPG ceiling price for each dedicated LPG filling station had been uploaded to the EMSD website (www.emsd.gov.hk) and posted at dedicated LPG filling stations to enable the trades to monitor the price adjustment.

         Details of the pricing adjustment mechanism for dedicated LPG filling stations can also be viewed under the “What’s New” section of the department website at www.emsd.gov.hk/en/what_s_new/current/index.html.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: SCED attends China Forum in Paris, France (with photos)

    Source: Hong Kong Government special administrative region

    SCED attends China Forum in Paris, France  
         Speaking at the forum, Mr Yau remarked that Asia is currently contributing 60 per cent to global growth, and that the Asian market, in particular the Mainland market, presents a unique opportunity for businesses looking to expand their horizons across the global trade landscape. As a “super connector” between foreign investors and the Mainland market, Hong Kong serves as a perfect springboard for French businesses to tap into the Mainland market.
     
         Mr Yau said that in 2024, Hong Kong’s total trade amounted to US$1,350 billion, and was the world’s fifth-largest trading entity. Every year Hong Kong channels a massive volume of trade between the Mainland and the rest of the world. Meanwhile, under the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA), the most liberal free trade agreement ever offered by the Mainland, Hong Kong enterprises and professionals can enjoy the most preferential access to the Mainland market. CEPA is also nationality neutral and does not impose any restrictions on the source of investments. He encouraged the French business sector to set up company in Hong Kong to enjoy the preferential treatment under CEPA to enter the Mainland market.
     
         Mr Yau added that Hong Kong has a simple and low tax system and there is no restriction on the flow of capital. In addition to the Mainland market, French businesses can also access the Southeast Asian market by using Hong Kong as a base for their regional operations in Asia. Hong Kong is also deepening its trade ties with the Middle East and the Association of Southeast Asian Nations countries, and is reaching out to Central Asia to explore new markets. 
     
         Mr Yau concluded that Hong Kong already has strong links with France, adding that the French community is one of the largest and most successful in Hong Kong. Among the European Union member states, France is the third largest in merchandise trade with Hong Kong and second largest in services trade. He believes that there is still significant trade potential between Hong Kong and France that would bring better synergy and mutual benefits.
     
         During his stay in Paris, Mr Yau also paid a courtesy call on Minister of the Chinese Embassy in France Mr Chen Dong to update him on Hong Kong’s latest economic and trade developments, and new initiatives such as the reduction of liquor duty to promote liquor trading.
     
         Mr Yau also visited the headquarters of Elior Group SA and its facilities to learn about the company’s operation and business development. He then hosted a dinner for representatives of the France Hong Kong Business Association to learn about the latest development directions of local enterprises and exchange views on enhancing co-operation between Hong Kong and France.
     
         Before proceeding to Paris, Mr Yau visited a wine cellar in Armagnac and met with representatives of the Armagnac trade on June 23 (France time) to promote the advantages of Hong Kong as a liquor trading hub.
     
         Mr Yau will depart for Hong Kong on June 25 (France time). 
    Issued at HKT 9:00

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI United Kingdom: £300,000 boost for Edinburgh International Book Festival

    Source: Scottish Government

    Young people to benefit from schools programme.

    Over 5,000 schoolchildren will continue to enjoy free literary events from the Edinburgh International Book Festival over the next three years, thanks to a £300,000 grant from the Scottish Government.

    The one-off funding will support the festival’s acclaimed schools programme with more than 60 in-person and livestreamed events, including author talks with How to Train Your Dragon author Cressida Cowell and award-winning storyteller Frank Cottrell-Boyce. 

    The grant will also maintain travel cost support and free tickets for pupils whose families are unable to cover the cost of ticketed events, ensuring young people of all backgrounds across Edinburgh have an opportunity to participate in the internationally renowned festival. Children attending will receive a free book through the philanthropy of Book Festival donors as well.

    This investment comes as part of a record £34 million increase in Scotland’s Culture budget for 2025-26, which includes an increase of £4 million for Scottish Festivals, towards the government’s commitment to invest an additional £100 million annually in the arts and culture by 2028-29.

    Creative Scotland has already awarded the Edinburgh International Book Festival £1,880,000 in public multi-year funding for the next three years, more than doubling previous support.

    Minister for Business and Employment Richard Lochhead said:

    “The Edinburgh International Book Festival is one the country’s most significant cultural institutions. Its schools programme has been crucial in fostering literacy and cultural engagement among young people, with thousands of pupils benefiting annually from free events and resources.

    “This funding secures those benefits for young readers across Edinburgh, helping schools that might otherwise struggle with travel costs, and ensuring they have the same opportunity to take part in one of the world’s leading literary festivals.”

    Jenny Niven, Festival Director & CEO of Edinburgh International Book Festival said:

    “The work the Book Festival does for children and young people is a cornerstone of what we do. Publishing for children and young people has never been more vibrant, and the benefits of reading never better evidenced.

    “The Festival is perfectly positioned to help children engage with the amazing range and breadth of stories around them, to support teachers to use books imaginatively and creatively in learning, and to supply older kids with the tools to think critically, and learn to evaluate the deluge of info around them. This aspect of what we do is vital, and we’re delighted to have specific public funding support to develop this work further in the coming years. 

    “We’ve identified the cost of transport as a key barrier to a wider cohort of schools joining us in August, and are committed to maintaining free access for as many children as possible. We’re delighted that the Scottish Government’s increased support for festivals has delivered public funding to develop this work further in the coming years and we look forward to widening our reach across Scotland and exploring further the digital potential of what we do.”

    Background:

    About | Edinburgh International Book Festival 

    Schools Programme – Learning | Edinburgh International Book Festival

    Multi-Year Funding Outcome Announcement | Creative Scotland

    MIL OSI United Kingdom

  • MIL-OSI Africa: African Union Commission (AUC) Chairperson held a bilateral meeting with United States (US) @StateDept Senior Advisor for Africa, H.E. Massad Boulos, & Senior Bureau Official, Hon. @tdf_dc


    Download logo

    H.E. @ymahmoudali held a bilateral meeting with US @StateDept Senior Advisor for Africa, H.E. Massad Boulos, & Senior Bureau Official, Hon. @tdf_dc, on the sidelines of the US-Africa Business Summit in Luanda.

    The Chairperson welcomed renewed US engagement in Africa, particularly in trade, investment, & peace & security. He underscored the importance of fostering a mutually enabling environment, including on trade, investments & market access to promote & advance a more balanced & partnership.

    Distributed by APO Group on behalf of African Union (AU).

    MIL OSI Africa

  • MIL-OSI: Political polarisation is rising globally and posing new challenges for businesses, according to Willis latest report

    Source: GlobeNewswire (MIL-OSI)

    LONDON, June 25, 2025 (GLOBE NEWSWIRE) — Rising political polarisation is associated with increased political violence and unpredictable oscillations in government policies, according to the latest Political Risk Index by Willis (NASDAQ: WTW), a leading global advisory, broking, and solutions company. This edition of the Index focusses on political polarisation in countries worldwide and its main drivers and consequences.

    Findings from the index reveal affective polarisation* is at a historic high, on a global average basis. This suggests that people are increasingly likely to perceive supporters of opposing political parties as hostile. Countries enduring violent political conflicts tend to be the most polarised, but on average, affective polarisation is rising fastest in democracies like the US, Germany, India, Brazil and Bulgaria.

    The index also covers ideological polarisation** (the degree to which people agree on core policy issues) and elite polarisation*** (the degree to which political rivals consider each other as legitimate). The US is the only country globally where affective, ideological and elite polarisation have all increased at a rapid pace over the past 15 years.

    After reviewing over a century’s worth of data from more than 200 countries, Willis found that in democracies, surges in polarisation tended to follow economic crises or corruption scandals, which appeared to discredit traditional political leaders. These surges were often accompanied by the growth of populist political movements and an increased frequency of political violence events.

    Other key findings include:

    • The highest levels of affective polarisation globally are in countries where political competition happens along ethnic or religious lines.
    • Long-serving political leaders and controversial populists are a polarising force in several countries.
    • Geopolitical and foreign policy divides can also lead to polarisation of societies.
    • Polarisation and populism are rising both in the US and Europe and in the emerging world.

    The research also identifies some hopeful trends. Truth and reconciliation processes, cross-party coalitions, and open and transparent investigations in cases of corruption or other crises have been accompanied by rapid reductions in political polarisation in the past. There is reason to believe that lessons from these examples could be applied to current challenges.

    Sam Wilkin, director of political risk analytics at Willis, said: “There is a well-established correlation between polarisation and political violence. But polarisation is also being felt on a more personal basis, such as how we perceive our friends and colleagues. Businesses face growing challenges from operating in increasingly polarised societies.”

    The complete report can be downloaded here.  

    *Affective polarisation refers to the phenomenon of individuals developing strong positive feelings toward members of their own group (in-group) and negative feelings towards members of opposing groups (out-groups), particularly in a political context. It involves a difference between how people feel about their own party or group and how they feel about those who support opposing parties or groups. This can lead to increased hostility, reduced willingness to compromise, and a lack of empathy for those with different political views. 

    **Ideological polarisation refers to the extent to which political attitudes become more divided and extreme, often along partisan lines. This can manifest as individuals and groups holding increasingly divergent views on issues, and a greater emphasis on partisan identity over shared values or common ground. 

    ***Elite polarisation refers to the ideological divide and political disagreement among elites—such as elected officials, party leaders, policymakers, and influential media figures—typically along partisan lines.

    About WTW

    At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.

    Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you.

    Learn more at wtwco.com.

    Media contact

    Lauren David:

    Lauren.david@wtwco.com / +44 7385947619

    Candela Farroni:

    Candela.farroni@haggiepartners.com / +44 7795 155654

    The MIL Network

  • MIL-OSI United Kingdom: Anchor fails to meet RSH’s governance standards 

    Source: United Kingdom – Executive Government & Departments

    Press release

    Anchor fails to meet RSH’s governance standards 

    The Regulator of Social Housing has downgraded Anchor’s governance grading to G3 in a regulatory judgement published today (Wednesday 25 June), after an investigation found issues of serious regulatory concern.  

    RSH found insufficient evidence that Anchor has an appropriate, robust and prudent risk and control framework and that it has adequately managed and addressed key risks relating to landlord health and safety.   

    There is also insufficient assurance that Anchor’s data is robust and that systems and processes are adequate to ensure key information is monitored and accurately reported.   

    Anchor has identified that there have been errors in its landlord health and safety compliance performance reporting and is undertaking a review of its data, which is ongoing.   

    Anchor received a C3 consumer grading in February after RSH found serious failings in its delivery of the consumer standards. Anchor was then placed on the gradings –under review list while RSH investigated further issues relating to governance.  

    RSH also published a range of other regulatory judgements today, including a C3 grading for Slough Borough Council.  

    Following an inspection, RSH found that Slough Borough Council: 

    • Lacked meaningful tenant engagement and provided limited performance information for tenants 

    • Could not demonstrate how homes were allocated in a fair and transparent way 

    First Garden Cities Homes and Southway Housing Trust were both downgraded to a G2 governance grading and were regraded to V2 for viability. Both received C2 gradings.  

    Pickering and Ferens Homes received C1/G1/V1 gradings and Tuntum Housing Association Limited received C2/G1/V2 gradings.  

    Kate Dodsworth, Chief of Regulatory Engagement at RSH, said:  

    Good governance is critical for delivering good services and keeping tenants safe in their homes. All landlords need to make sure they have strong governance and controls in place in order to have a better grasp of strategic risks. 

    Equally, delivering the outcomes of the new consumer standards is vital for tenants’ health and safety and making sure their voices are heard. Our programme of proactive inspections is helping bring issues to light so they can be put right as soon as possible.

    Notes to Editors

    1. RSH regulates housing associations and other private registered providers against its full set of standards. Councils are regulated against the consumer and rent standards only. 

    2. More information about RSH’s responsive engagement, programmed inspections and consumer gradings is also available on its website.   

    3. RSH promotes a viable, efficient and well-governed social housing sector able to deliver more and better social homes. It does this by setting standards and carrying out robust regulation focusing on driving improvement in social landlords, including local authorities, and ensuring that housing associations are well-governed, financially viable and offer value for money. It takes appropriate action if the outcomes of the standards are not being delivered.  

    Provider Consumer grade Governance grade Viability grade Process
    Anchor Hanover Group C3 (based on previous assessment) G3 (downgrade) V1 (based on previous assessment) Responsive Engagement
    First Garden Cities Homes Limited C2 G2 (downgrade) V2 (Regrade from V1) Inspection and Responsive Engagement
    Pickering and Ferens Homes C1 G1 V1 Inspection
    Slough Borough Council C3 N/A N/A Inspection
    Southway Housing Trust (Manchester) Limited C2 G2 (downgrade) V2 (Regrade from V1) Inspection
    The Housing Plus Group Limited   G1 V2 Interim RJ (Merger/ Acquisition)
    Tuntum Housing Association Limited C2 G1 V2 Inspection

    For general enquiries email enquiries@rsh.gov.uk. For media enquiries please see our Media Enquiries page.

    Updates to this page

    Published 25 June 2025

    MIL OSI United Kingdom

  • MIL-OSI Africa: President Ramkalawan Chairs Inaugural Government-Private Sector Economic Forum


    Download logo

    President Wavel Ramkalawan presided over a landmark economic forum on Tuesday afternoon, bringing together high-level government officials and private sector representatives in an unprecedented collaborative dialogue aimed at strengthening Seychelles’ economic foundation and fostering sustainable growth.

    The historic gathering held at State House, marked the commencement of a structured partnership between the government and business community. President Ramkalawan articulated his vision for enhanced economic cooperation, expressing profound enthusiasm for the collaborative framework being established to streamline business operations and accelerate the nation’s economic trajectory. He emphasized the administration’s dedication to creating an environment where private sector innovation and investment can flourish, recognizing that such an environment is essential for achieving long-term economic prosperity. The collaborative approach established through this inaugural forum represents a significant step toward more inclusive economic governance and strategic partnership between public and private sectors.

    The forum commenced with comprehensive discussions on strategic land development and reclamation initiatives. The Minister of Investment, entrepreneurship and Industry Mrs. Devika Vidot provided an insightful overview of land utilization policies, establishing the foundation for CEO Jitesh Shah’s detailed presentation on reclamation projects. These discussions illuminated significant opportunities for strategic land development that would support industrial expansion while addressing the growing demand for commercial spaces.

    Financial sector modernization emerged as a central theme throughout the deliberations. The Chairman of the Seychelles Chamber of Commerce and Industry delivered comprehensive presentations addressing the acceleration of Anti-Money Laundering (AML) and Know Your Customer(KYC) reforms, initiatives designed to enhance business growth prospects while ensuring robust financial inclusion. These reforms represent crucial steps toward maintaining Seychelles’ competitive position in the international financial sector and addressing compliance requirements that have become increasingly stringent in the global marketplace.

    The forum also extensively examined payment system modernization, with particular emphasis on the systematic phase-out of traditional cheque systems and the implementation of contemporary digital payment infrastructure and its associated disadvantages.

    The forum concluded with a commitment to establishing regular dialogue mechanisms that will ensure ongoing communication between government and private sector stakeholders on a monthly basis. This framework is designed to create responsive policy development processes that can adapt to changing market conditions and emerging business needs.

    The successful convening of this forum demonstrates the government’s commitment to transparent dialogue and collaborative problem-solving, establishing a foundation for continued engagement that will support Seychelles’ economic development objectives while addressing the practical challenges faced by businesses operating in the modern economy.

    Distributed by APO Group on behalf of State House Seychelles.

    MIL OSI Africa

  • MIL-OSI Africa: APO Group and Bytesview Analytics Announce Strategic Partnership to Strengthen Media Intelligence in Africa


    Download logo

    APO Group (www.APO-opa.com), the leading Pan-African media relations and communications consultancy, is pleased to announce a strategic partnership with Bytesview Analytics Private Limited, a technology company specialising in artificial intelligence and data analytics.

    This collaboration will leverage NewsData.io, a flagship product by Bytesview Analytics. NewsData.io is an advanced news aggregation and analysis platform that provides real-time and historical news data from over 84,000 sources in 206 countries and 89 languages. It is designed to support media monitoring, sentiment analysis, and data-driven decision-making.

    Through this partnership, APO Group and Bytesview Analytics will work together to enhance the monitoring, analysis, and distribution of African news. APO Group will integrate Bytesview’s AI-powered tools to provide clients with deeper insights into how their stories are received across different languages and regions, helping them measure visibility, impact, and public sentiment more effectively.

    “This is a powerful example of how smart data and strategic communications can come together to drive better media outcomes,” said Bas Wijne, CEO of APO Group. “Our partnership with Bytesview Analytics brings new depth to the services we offer, especially in tracking and analysing media coverage across Africa.”

    “We’re excited to collaborate with APO Group to strengthen our visibility in Africa and to support better storytelling with reliable, data-driven insights,” said Piyush Khatri, Director at Bytesview Analytics. “This partnership opens new doors for both our team and the organisations we serve.”

    Distributed by APO Group on behalf of APO Group.

    About APO Group:
    Founded in 2007, APO Group (www.APO-opa.com) is the leading award-winning pan-African communications consultancy and press release distribution service. Renowned for our deep-rooted African expertise and expansive global perspective, we specialise in elevating the reputation and brand equity of private and public organisations across Africa. As a trusted partner, our mission is to harness the power of media, crafting bespoke strategies that drive tangible, measurable impact both on the continent and globally.  

    Our commitment to excellence and innovation has been recognised with multiple prestigious awards, including a PRovoke Media Global SABRE Award and multiple PRovoke Media Africa SABRE Awards. In 2023, we were named the Leading Public Relations Firm Africa and the Leading Pan-African Communications Consultancy Africa in the World Business Outlook Awards, and the Best Public Relations and Media Consultancy of the Year South Africa in 2024 in the same awards. In 2025, Brands Review Magazine acknowledged us as the Leading Communications Consultancy in Africa for the second consecutive year. They also named us the Best PR Agency and the Leading Press Release Distribution Platform in Africa in 2024.  Additionally, in 2025, the Davos Communications Awards 2025 awarded us the Gold Award for Best PR Campaign and the Bronze Award for Special Event.

    APO Group’s esteemed clientele, which includes global giants such as Canon, Nestlé, Western Union, the UNDP, Network International, African Energy Chamber, Mercy Ships, Marriott, Africa’s Business Heroes, and Liquid Intelligent Technologies, reflects our unparalleled ability to navigate the complex African media landscape. With a multicultural team across Africa, we offer unmatched, truly pan-African insights, expertise, and reach across the continent. APO Group is dedicated to reshaping narratives about Africa, challenging stereotypes, and bringing inspiring African stories to global audiences, with our expertise in developing and supporting public relations campaigns worldwide uniquely positioning us to amplify brand messaging, enhance reputations, and connect effectively with target audiences. 

    About Bytesview Analytics:
    Bytesview Analytics Private Limited is a technology-focused company specializing in AI-powered analytics and real-time data solutions. With a dedicated team of developers and data scientists, Bytesview delivers high-performance digital products across industries such as media, fintech, edtech, marketing, environmental sciences, and social media intelligence.

    Its flagship product, NewsData.io, is a news aggregation and analytics platform that offers real-time and historical news data through a developer-friendly API. It is designed for researchers, analysts, developers, media professionals, and organizations seeking structured news data from global sources in various languages.

    To learn more, visit:
    www.Bytesview.com
    www.NewsData.io

    MIL OSI Africa