Category: CTF

  • MIL-OSI Asia-Pac: Expanding scope of regulated mercury-added products under Mercury Control Ordinance

    Source: Hong Kong Government special administrative region

    Expanding scope of regulated mercury-added products under Mercury Control Ordinance 
         A spokesman for the Environment and Ecology Bureau said today (May 28) that the newly regulated mercury-added products will be listed in Schedule 3 to the Ordinance, including some electronic/electrical/lighting products and cosmetics. For details, please refer to the Annex. The amendments related to the first eight mercury-added products will take effect from December 31, 2025. The effective date(s) of the amendments related to the other eight mercury-added products will be announced separately after the relevant international convention becomes applicable to the Hong Kong Special Administrative Region (HKSAR).
     
         In terms of enforcement, once the amendments to the Ordinance come into effect, the manufacture, import, export and supply of the relevant regulated mercury-added products will be prohibited. Anyone who contravenes the above regulations commits an offence and, upon conviction, is liable to a maximum fine of $50,000 and imprisonment for one year. The Government has set a grace period (until January 2029) for the supply of newly regulated mercury-added products to help the public adapt. After the specified deadline (i.e. after January 2029), if anyone continues to supply the relevant regulated mercury-added products, the authorities will initiate prosecution after collecting sufficient evidence and will also include the above implementation arrangements in the relevant guidelines.
     
         The spokesman said, “Bringing these mercury-added products under the regulation of the Ordinance can safeguard public health and protect the environment. It will at the same time enable the HKSAR to implement the amendments made to the Minamata Convention on Mercury to phase out mercury-added products.”
     
         The Convention is an international convention aimed at protecting human health and the environment from the harmful effects caused by the anthropogenic emissions and releases of mercury and mercury compounds. At the fourth and fifth meetings of the Conference of the Parties to the Convention in 2022 and 2023, the Parties agreed to phase out 16 mercury-added products progressively between 2025 and 2027, taking into account the availability of mercury-free substitutes.
    Issued at HKT 15:42

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LegCo Secretariat releases Policy Pulse on “Northern Metropolis-building a new international innovation and technology city”

    Source: Hong Kong Government special administrative region

    LegCo Secretariat releases Policy Pulse on “Northern Metropolis-building a new international innovation and technology city” 
         The Chief Executive, Mr John Lee, will attend an Interactive Exchange Question and Answer Session at LegCo tomorrow (May 29) to discuss with Members topics including ways to accelerate the development of NM. Members have long attached great importance to NM’s development, and the Subcommittee on Matters Relating to the Development of the Northern Metropolis was set up in April 2022 to put forward a number of specific proposals. These include the suggestion of a mode of “large-scale land disposal” which the Government adopted to identify sizeable land parcels with commercial value and earmarked for provision of public facilities, and grant them to successful bidders for integrated development. This approach not only speeds up the development of the land parcels and enables co-ordinated urban design, but also reduces public expenditures.
     
         NM spans 30 000 hectares, covering approximately one-third of Hong Kong’s total area. It encompasses the Yuen Long and North districts and borders Shenzhen with seven land boundary control points. This area is a major hub for Hong Kong to integrate into the overall national development and a new engine for the city’s future growth. It is projected to approximately provide 500 000 additional residential units and create around 650 000 new jobs upon full development.
     
         The National 14th Five-Year Plan indicated clear support for Hong Kong’s development into an international I&T centre. Under a new industry pattern of “South-North dual engine (finance-I&T)”, NM will develop into a “new international I&T city” to further promote co-ordinated development of I&T industries among Hong Kong and cities in the Greater Bay Area. The I&T Zone of NM encompasses the San Tin Technopole and the Hong Kong-Shenzhen Innovation and Technology Park (HSITP), as well as the Ngau Tam Mei New Development Area.
     
         The Policy Pulse outlines the strategic planning and development progress of NM’s I&T Zone, along with measures to enhance complementary collaboration with the Mainland. The Hetao Co-operation Zone—which comprises HSITP (Hong Kong Park) and the Shenzhen Park—is jointly established under the vision of “one river, two banks” and “one zone, two parks” and enjoys unique advantages in cross-boundary co-operation. HSITP will be made up of different zones which mainly include Life and Health Technology zone, Artificial Intelligence and Data Science zone and New Technology and Advanced Manufacturing zone. With the first batch of tenants expected to move in starting this year, HSITP will officially enter into its operational phase.
     
         The Government estimates that upon its full-fledged development, HSITP’s economic contribution to Hong Kong will reach HK$52 billion per annum. Under the framework of “one country, two systems”, Members consider that the Government should optimise the advantages of the Loop in cross-boundary co-operation and explore forward-looking policies and systems in frontier fields such as cross-boundary data flow, intellectual property protection and fintech innovation. Members also suggest that the Government should actively develop a “base for pilot-scale test” in HSITP. Additionally, Members are of the view that the Government should proactively seek innovation and changes by introducing more preferential policies in respect of land supply, dedicated funding, tax deductions, etc., in order to attract more international capital and major I&T enterprises to establish their foothold in HSITP. The Government should also enhance inter-bureau and inter-departmental co-ordination to expedite the implementation of land development and transport infrastructure projects in HSITP. Moreover, in order to enhance the training of I&T talent and promote “research, academia and industry” collaboration, Members suggest that the Government should develop NM University Town into a research and development as well as technology transfer hub to support the area, while encouraging post-secondary institutions to strengthen co-operation with renowned Mainland and overseas institutions, and creating synergy through sharing resources and enhancing collaboration with industries in the area.
     
         The detailed content of “Northern Metropolis-building a new international innovation and technology city” is available on the LegCo Website. The Policy PulseIssued at HKT 15:45

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ12: Measures to support non-Chinese speaking students

    Source: Hong Kong Government special administrative region

    LCQ12: Measures to support non-Chinese speaking students 
    Question:
     
         It is learnt that the lack of Chinese language proficiency of non-Chinese speakers has always been the biggest obstacle for them in pursuing further studies, seeking employment and integrating into the community. Although the Government has been providing non-Chinese speaking (NCS) students with all-encompassing learning support through diverse strategies to help them master the Chinese language and integrate into the community, some members of the education sector have reflected that some primary schools still have reservations about admitting NCS students. In this connection, will the Government inform this Council:
     
    (1) of the respective numbers of (a) primary schools admitting NCS students and (b) NCS primary school students, together with a breakdown by school type (i.e. (i) public sector primary school, (ii) ‍Direct Subsidy Scheme primary school, and (iii) private primary school), in each of the past five years;
     
    (2) of the measures currently put in place by the Government to support the pre-primary education of NCS students, so as to assist them in learning Chinese and enhancing their language proficiency, thereby enabling them to articulate more smoothly to the primary school curriculum;
     
    (3) of the measures currently put in place by the Government to encourage primary schools to admit NCS students (e.g. reserving some school places for NCS students), so as to enable their early integration into the community; and
     
    (4) whether the Government has reviewed the effectiveness of the existing measures to support NCS students; if so, of the details; if not, the reasons for that, and whether it will conduct such a review in the future?
     
    Reply:
     
    President,
     
         The Government is committed to encouraging and supporting the integration of non-Chinese speaking (NCS) students into the community, including facilitating their early adaptation to the local education system and mastery of the Chinese language. The Education Bureau (EDB) has been providing NCS students with all-encompassing learning support from pre-primary to secondary levels through diverse strategies to help them master the Chinese language and integrate into the community. 
     
         Our reply to the question raised by the Hon Mrs Regina Ip is as follows:
     
    (1) and (3) All eligible children (including NCS students) enjoy equal opportunities in admission to public sector schools. To encourage parents of NCS students to arrange for their children to study in schools which provide an immersive Chinese language environment, the EDB abolished the so-called “designated schools” support system back in the 2013/14 school year. With the implementation of various enhanced support measures, the number of schools admitting NCS students has gradually increased and the school choices for parents of NCS students have also been widened. At present, most of the publicly-funded schools in Hong Kong have admitted NCS students, which account for about 70 per cent of the kindergartens (KGs) joining the Kindergarten Education Scheme (Scheme-KGs) and over 70 per cent of the primary and secondary schools. The number of public sector, Direct Subsidy Scheme (DSS) and private sector primary schools admitting NCS students and the respective number of NCS students from the 2019/20 to 2023/24 school years are tabulated below:
     

    School yearprimary schoolsprimary schools(1) Figures for the 2020/21 school year refer to the position as at mid-October, and others refer to the position as at mid-September of the respective school years.
    (2) Figures include students whose ethnicity is Chinese but are categorised as NCS students based on the spoken language at home.
    (3) Figures exclude international schools, private independent schools and special schools.
     
    (2) The EDB encourages parents of NCS students to arrange for their children to study in local KGs for early adaptation to the local education system as well as early exposure to and learning of Chinese. Starting from the 2019/20 school year, the EDB has further enhanced the relevant measures for NCS students by providing a five-tier grant for Scheme-KGs according to the number of NCS students admitted. A KG admitting one NCS student can also receive the grant, and the grant rate for the highest tier is a double of the previous level. All the KGs receiving the additional grant have each assigned a teacher to co-ordinate the support measures for NCS students. The KGs concerned mainly deploy the resources for appointing additional teaching staff, procuring professional services, e.g. translation or interpretation services, organising cultural integration activities, etc. to enhance the support for NCS students in diversified modes.
     
    (4) The Government encourages and supports the learning of Chinese of NCS students (including ethnic minorities students) and the creation of an inclusive learning environment in schools through diverse strategies, including providing additional funding to schools, optimising the curriculum, enriching the teaching resources, enhancing teacher training and professional support and facilitating home-school co-operation.
     
         Regarding the provision of the additional funding, all public sector and DSS schools offering the local curriculum and admitting NCS students can be provided with an additional subsidy according to the number of NCS students admitted. The amount of the additional funding currently ranges from about $0.16 million to about $1.6 million per year for each school. Schools usually use the additional funding to employ additional teaching staff members to teach in diversified and intensive modes, including pull-out learning, split-class/small-group learning, after-school support, increasing the number of Chinese Language lessons, learning Chinese across the curriculum, deploying additional teachers for co-teaching and arranging teaching assistants to provide in-class support.
     
         In respect to curriculum and teaching, the EDB has continually been providing teachers with guidance and support in curriculum planning, learning and teaching and assessment. The Chinese Language Curriculum Second Language Learning Framework, which was complemented by learning and teaching materials, has been implemented in primary and secondary schools since the 2014/15 school year to help NCS students learn Chinese. The EDB has been developing learning and teaching resources for NCS students. These resources have been uploaded to the EDB webpage and dispatched to schools. The Online Chinese Language Self-learning Resources launched in the 2023/24 school year provides diversified learning resources which help NCS students extend their learning; after-school Chinese language courses for lower primary NCS students are offered on a trial basis using adapted learning materials for the Youth Chinese Test; and the Summer Bridging Programme has been extended to cover NCS students to be promoted to Primary Five and Primary Six. In addition, apart from studying Chinese Language for the Hong Kong Diploma of Secondary Education (HKDSE) Examination, NCS students meeting specified circumstances (Note 1) may, taking into account their needs and aspirations, obtain other recognised alternative Chinese Language qualifications through additional channels, including taking Applied Learning Chinese (for NCS students) pegged at the Qualifications Framework Level 1 to Level 3 and other internationally recognised alternative Chinese language examinations supported with Government subsidies (Note 2), for multiple articulation pathways for further studies and future careers.
     
         Regarding teacher training, all Chinese Language teachers teaching NCS students are provided with training opportunities. The EDB continues to organise teacher professional development programmes, provide diversified school-based support services and establish professional learning communities to help teachers enhance their teaching effectiveness.
     
         For parent education, starting from the 2020/21 school year, the EDB has commissioned non-governmental organisations and a post-secondary institution to provide diversified parent education programmes for parents of NCS students, with a view to helping them support their children’s learning, encourage their children to master the Chinese language and have a more comprehensive understanding of the multiple pathways available for their children. The number of schools receiving Life Planning Education support services for NCS students has also increased in recent years.
     
         Generally speaking, the aforementioned arrangements can help NCS students learn Chinese effectively and integrate into the community. The EDB has been monitoring schools through different means to ensure the prudent and proper use of the additional funding, including requiring schools to submit plans and reports on the use of the additional funding and providing schools with professional advice and support through supervisory visits and day-to-day communication to ensure public funds are put to good use. 
     
         In recent years, the number of schools admitting NCS students has increased from about 590 in the 2013/14 school year to about 710 in the 2024/25 school year, accounting for over 70 per cent of the primary and secondary schools in the territory. All schools admitting NCS students are provided with the additional funding and have used the funding effectively to implement various school-based measures for providing appropriate support for NCS students. In addition, more than 30 per cent of the NCS school candidates entering for the HKDSE Examination met the general entrance requirements of University Grants Committee-funded undergraduate programmes, which is comparable to the territory-wide rate of about 40 per cent for day school candidates. This demonstrates that the Government’s policy intent of encouraging and supporting the integration of NCS students into the community, including facilitating their early adaptation to the local education system, is being attained progressively. The EDB will continue to collect and take into account of stakeholders’ views in reviewing the implementation of various support measures and enhance the measures as necessary with educational professionalism and having regard to the needs of students.
     
    Note 1: Specifically, these NCS students are those who have learnt Chinese Language for either –
    (a) less than six years while receiving primary and secondary education; or
    (b) six years or more in schools, but have been taught an adapted and simpler Chinese Language curriculum not normally applicable to the majority of students in local schools.
     
    Note 2: These examinations include the General Certificate of Secondary Education (GCSE), the International General Certificate of Secondary Education (IGCSE) and the General Certificate of Education (GCE) Advanced Subsidiary (AS)-Level and Advanced (A)-Level.
    Issued at HKT 15:50

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Canadian firms urged to re-domicile

    Source: Hong Kong Information Services

    On day two of his Canada visit, Secretary for Financial Services & the Treasury Christopher Hui urged two Canadadian-based insurance companies to consider re-domiciling their companies to Hong Kong to enjoy the relevant legal and taxation convenience, as well as to lower their compliance costs for satisfying two sets of regulatory requirements.

     

    During yesterday’s duty visit, Mr Hui met Manulife President & Chief Executive Officer Phil Witherington and Chief Financial Officer Colin Simpson, as well as SunLife Executive Vice-President & Chief Financial Officer Tim Deacon and Executive Vice-President & Chief Strategy & Enablement Officer Linda Doughety.

     

    Both companies are Canadian-based and have extended their business to Hong Kong.

     

    Mr Hui introduced them to the newly enacted legislation on re-domiciliation of companies, adding that on the very first day the company re-domiciliation regime came into effect last Friday, an international insurance group immediately announced its plan to re-domicile its company to Hong Kong.

     

    He pointed out that this news was the best testament to the regime’s effectiveness in enhancing companies’ operational efficiency, thereby consolidating Hong Kong’s position as a leading international financial centre.

     

    Under the new regime, non-Hong Kong-incorporated companies may apply to re-domicile to Hong Kong if they fulfil requirements concerning company background, integrity, member and creditor protection, solvency, etc, while maintaining their legal identity as a body corporate to ensure business continuity.

     

    If the company’s actual similar profits are also taxed in Hong Kong after re-domiciliation, the Government will provide the company with unilateral tax credits to eliminate double taxation.

     

    Mr Hui highlighted that Hong Kong has a strong foundation in investment and trade, making it an ideal location for global enterprises to access insurance, reinsurance and risk management services, as well as to establish captive insurers. He also noted that there are vast opportunities for insurance companies in Hong Kong.

     

    Mr Hui then attended a business luncheon organised by the Hong Kong Economic & Trade Office (Toronto), Invest Hong Kong (Canada) and the National Club.

     

    He gave a presentation themed “Hong Kong as an anchor of stability amid the changing world” to showcase to the attending financial leaders the stellar figures recorded in the financial market, and banking and monetary markets.

     

    Mr Hui talked about the Government’s efforts in aligning with international standards and boosting the development of green and sustainable finance and the virtual asset market. He highlighted that with its competitive advantages and proactive measures, as well as the stability and predictability of its financial market, Hong Kong has been earning the confidence of global investors.

     

    Additionally, Mr Hui met Ontario Securities Commission (OSC) Chief Executive Officer Grant Vingoe and both agreed that in today’s shifting global landscape, collaboration with trusted allies would ensure capital markets remain robust and resilient.

     

    The Securities & Futures Commission of Hong Kong entered into a memorandum of understanding with the OSC in mid-May to include Ontario of Canada in its list of acceptable inspection regimes for strengthening the regulatory collaboration and exchange of information between the two regulators.

     

    In the evening, Mr Hui had a dinner meeting with Hong Kong-Canada Business Association (Toronto Chapter) President Joseph Chaung, and the association’s board members to brief them on the latest developments and future direction of Hong Kong’s financial market.

     

    Mr Hui also paid a courtesy call on Consul-General of the People’s Republic of China in Toronto Luo Weidong. Both expressed their anticipation that Hong Kong, with the support of the nation and its solid foundation and forward-looking measures in financial areas, will engage in more co-operation with Canada.

    MIL OSI Asia Pacific News

  • MIL-OSI: SQM Reports Earnings for the Three Months Ended March 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    Highlights
    • SQM reported total revenues for the three months ended March 31, 2025 of US$1,036.6 million compared to total revenues of US$1,084.5 million for the same period last year.
    • Net income for the three months ended March 31, 2025 of US$137.5 million or US$0.48 per share, compared to net loss(1) of US$(869.5) million or US$(3.04) per share for the same period last year.
    • Record-high iodine sales price
    • Record first-quarter lithium sales volumes reflect strong market demand
    SQM will hold a conference call to discuss these results on Wednesday, May 28, 2025 at 12:00pm EDT (12:00pm Chile time).
    Participant Call link: https://register-conf.media-server.com/register/BI6159b9c8909e448cb6684738c5d43086
    Webcast: https://edge.media-server.com/mmc/p/kosehsfr

    SANTIAGO, Chile, May 28, 2025 (GLOBE NEWSWIRE) — Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) reported today net income for the three months ended March 31, 2025, of US$137.5 million or US$0.48 per share, compared to a loss1 of US$(869.5) million or US$(3.04) per share reported for the same period last year.

    Gross profit(2) reached US$304.7 million (29.4% of revenues) for the three months ended March 31, 2025, lower than US$368.5 million (34.0% of revenues) recorded for the three months ended March 31, 2024. Revenues totaled US$1,036.6 million for the three months ended March 31, 2025, representing a decrease of 4.4% compared to US$1,084.5 million reported for the three months ended March 31, 2024.

    SQM’s Chief Executive Officer, Ricardo Ramos, stated, “We closed the first quarter with strong growth—approximately 27% year-on-year—in lithium sales volumes. This is a reflection of the strong demand growth seen during the past few months, driven by the electric vehicle market, particularly in China, along with new demand coming from energy storage systems. Despite the fact that average prices reported during the first quarter 2025 were similar to those reported at the end of last year, we have seen lower prices during the past few weeks, as consequence of a continuously oversupplied market. Therefore, we expect lower realized prices in the second quarter of 2025.”

    He continued: “On the production side, things are evolving as expected. The commissioning of the Mount Holland refinery plant is on track to deliver first product in the upcoming months, meanwhile we are actively selling spodumene concentrate in the market. In Chile we continue working to reach a total capacity of 240,000 metric tons of lithium carbonate and 100,000 metric tons of lithium hydroxide. All of this while we continue to process lithium sulfate in China.”

    Mr. Ramos added: “We are very pleased with the performance of our iodine business. We continue to see steady market growth, driven by strong demand that is putting upward pressure on prices. However, global supply remains limited, and we expect demand to grow by 1% to 2% annually. In this context, we anticipate maintaining stable sales volumes while prices remain at elevated levels. Construction of our seawater pipeline is moving full steam ahead and will be key to unlocking additional production capacity in the coming years, in the meantime, we are focused on improving operational efficiencies to better respond to market needs2.”

    ___________________________
    1 Includes the net effect of accounting adjustments for payments related to the specific mining tax for lithium exploitation as of March 31, 2024, for a total amount of US$1,097.6 million. See more in section Income Tax Expenses, below in the document.
    2 To see full press release please visit our website: https://ir.sqm.com/

    The MIL Network

  • MIL-OSI: Nykredit has completed the recommended voluntary public tender offer for Spar Nord Bank A/S – Nykredit Realkredit A/S

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR TO ANY JURISDICTION WHERE DOING SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

    Nykredit has completed the recommended voluntary public tender offer for Spar Nord Bank A/S

    28 May 2025

    Nykredit has completed the recommended voluntary public tender offer for Spar Nord Bank A/S

    With reference to Nykredit Realkredit A/S’s (“Nykredit”) announcement of 23 May 2025, in which Nykredit announced the final result of the voluntary public tender offer submitted by Nykredit (the “Offer”), Nykredit now announces that the Offer has been completed and settled as planned.

    Compulsory acquisition, delisting and changes to the management and articles of association

    As Nykredit has obtained an ownership interest corresponding to more than 90 per cent of the share capital and the associated voting rights in Spar Nord Bank (excluding treasury shares), it is Nykredit’s intention to initiate and complete a compulsory acquisition of the shares held by the remaining Spar Nord Bank shareholders in pursuance of sections 70-72 of the Danish Companies Act.

    Nykredit furthermore intends to seek to have the Spar Nord Bank shares removed from trading and official listing on Nasdaq Copenhagen A/S.

    In this connection, Nykredit will request Spar Nord Bank to convene an extraordinary general meeting at which Nykredit will propose changes to the board of directors of Spar Nord Bank and changes to Spar Nord Bank’s articles of association.

    Detailed information on compulsory acquisition, delisting and extraordinary general meeting will be published in separate announcements.

    In connection with Nykredit completing the recommended voluntary public tender offer for Spar Nord Bank A/S, Michael Rasmussen, Group Chief Executive, comments:

    “I have been looking forward to welcoming everyone at Spar Nord – customers and colleagues alike – to the Nykredit Group. Our two strong banks now join forces. Both of us are experiencing growth, customer inflows, and high customer satisfaction. Together, we can show even more customers that there is a customer-owned alternative in the financial sector and stand even stronger in the competition with the largest listed banks.

    Having completed the transaction, we will spend the coming period getting to know each other better. Much will therefore be as before – both for customers and colleagues. Naturally, our primary focus will be on meeting the needs of our customers.

    At the same time, the Nykredit Group’s ‘Winning the Double‘ strategy continues, because partnerships are a crucial part of our group strategy. Our partners can therefore expect us to further engage and invest in our important communities in Totalkredit, BEC, Sparinvest, nærpension and Privatsikring. These partnerships ensure that we together stand stronger in the Danish financial market and in our interaction with customers.”

    Additional information

    Contact persons:

    Investor contact:

    Morten Bækmand, Head of Investor Relations, Nykredit (+45 2339 4168)

    Media contact:

    Orhan Gökcen, Head of Press, Nykredit (+45 3121 0639)

    Attachment

    The MIL Network

  • MIL-OSI Global: Gandang Ahung of the Dayak people: More than a gong ensemble, a way of life at risk

    Source: The Conversation – Indonesia – By Muhammad Rayhan Sudrajat, Ethnomusicologist & Lecturer, Universitas Katolik Parahyangan

    It was first started one morning in 2015. I travelled 109 kilometres from Palangka Raya to a village in the Katingan River basin, Central Kalimantan. When I entered the village, I could feel the sound of the Gandang Ahung, the sacred gong ensemble used in the Tiwah death ceremony, vibrating in my chest. Its frequency filled the entire space, uniting humans, spirits, and nature in a single breath. Some people closed their eyes; even the forest outside seemed to hum along.

    Amidst the chanting, the ritual began: participants danced around the field where the Tiwah ceremony was held. Their distinctive hand and foot movements followed the rhythm. Baram, a traditional liquor from Katingan, was then shared among the dancers.

    The sound of Gandang Ahung lingered in the air, summoning spirits from the river’s rise and fall to partake in the sacred offering of blood. It opened the path to the upper realm —Lewu Rami je dia Kasene Beti Lewu Tatau Habaras Bulau Rundung Janah dia Bakalesu Uhat — the radiant village beyond time, where souls find rest in Hindu-Kaharingan cosmology.

    Gandang Ahung is not only a form of cultural heritage, but an inseparable part of how the Katingan Awa Dayak community understands life, death, and their relationship with nature.

    However, this sacred ritual is now threatened due to the rampant deforestation in Kalimantan. Cultural shifts brought by modernisation are also slowly eroding not only the physical environment, but also the soundscape, cosmology, and rituals like Tiwah. If these sounds disappear, so too might the worldview passed down through generations..

    Tiwah ceremony: The echo of living tradition

    In the Katingan Awa Dayak tradition, Tiwah is regarded as the second-level death ceremony, conducted long after the initial or first-level funeral. The first stage involves the immediate handling of the body, burial, and essential rites to initiate the soul’s journey—considered a temporary phase, as the soul remains in transition.

    The second-level Tiwah, serves as the final ritual to guide the soul to the afterlife, reunite it with ancestors, and restore harmony between humans, spirits, and nature. It includes the exhumation and ceremonial cleansing of the bones, reburial in a family bone house (pambak), and is marked by extensive communal offerings, music, and dance.

    There are no “spectators” in the ceremony: all villagers are participants. Children help, the pisur (religious leaders) lead, and the entire community listens not just with their ears but with their full presence. For months, families, neighbors, and religious leaders work together to prepare this procession.

    In Tiwah, sound is not merely entertainment. It becomes a language to speak to spirits, to remember the departed, and to reconnect the fragile web of life.

    Gandang Ahung, with its echoes and vibrations, plays a central role in the ceremony: It opens the way for the liau (spirits) to reach Lewu Tatau.

    Gandang Ahung can be carried anywhere, depending on the needs of the ritual. Interestingly, the instrument never sounds the same from one location to another, corresponding to the space where it is played. This shows how its sound is inseparable from surrounding land, rivers, and trees.

    Unlike how music comes through notation, tempo, and technique in the West, sound flows from relationships in the Katingan Awa community. The player, the community, and the spirits shape the sound. The player does not simply follow the beat – he adjusts his strokes to the dancer’s body movements.

    The tone is not dictated by a written score but arises from feeling — what is “right” in the moment. Here, in the ritual space, sound becomes a mode of communication, not merely a performance.

    Some pisur I spoke with explained that the rhythm of Gandang Ahung is not measured in beats, but guided by breath and intuition. The beats are slow for the Tiwah ceremony to accompany the Manganjan dance, a dance specifically for the Tiwah ceremony.

    Fading with forest loss

    Deforestation, river pollution, and the displacement of Indigenous communities threaten not only the physical environment and its biodiversity — they also erase the acoustic landscapes embedded in local rituals and cosmology.

    When forests are lost, sounds like Gandang Ahung and their profound meanings also slowly fade. The Gandang Ahung is not merely played — it is brought to life in rituals deeply rooted in nature: from the wood used to craft the drums, to the ceremonial space in the village heart, to the spirits believed to inhabit trees, rivers, and lakes.

    As forests are cleared for palm oil plantations, the space for these sacred sounds disappears — along with the communities’ ways of understanding life, death, and their bond with nature.

    Nurturing sound, nurturing life

    Hindu-Kaharingan itself, though recognised by the government, is often dismissed as mere ‘folklore’ or an ‘outdated tradition.’ Practices like Tiwah rarely appear in mainstream media – let alone gain recognition in national academic discourse.

    If Indonesia is truly committed to education and cultural preservation, we must start viewing traditions like Gandang Ahung not simply as artefacts, but as living philosophies and practices.

    Like classical music theory, these traditions are built on their own systems, ethics, and methodologies. They need to be taught, respected, and lived — not just documented and then forgotten.

    Concrete steps include protecting customary forests as soundscapes, integrating local music traditions into school curricula, and involving communities in the documentation of rituals.

    The Schools of Living Traditions (SLT) program in the Philippines, run by the National Commission for Culture and the Arts (NCCA), offer a powerful example. The program has successfully preserved traditional arts and music through non-formal education that involves local cultural experts as teachers. It is recognized by UNESCO as a best practice in safeguarding intangible cultural heritage.

    Such measures are vital to ensure that sounds like Gandang Ahung transcend nostalgia and continue to thrive — not just in ceremonies, but in the everyday lives of the Katingan Awa community and Indonesians more broadly.

    Muhammad Rayhan Sudrajat tidak bekerja, menjadi konsultan, memiliki saham, atau menerima dana dari perusahaan atau organisasi mana pun yang akan mengambil untung dari artikel ini, dan telah mengungkapkan bahwa ia tidak memiliki afiliasi selain yang telah disebut di atas.

    ref. Gandang Ahung of the Dayak people: More than a gong ensemble, a way of life at risk – https://theconversation.com/gandang-ahung-of-the-dayak-people-more-than-a-gong-ensemble-a-way-of-life-at-risk-256809

    MIL OSI – Global Reports

  • MIL-OSI Russia: GUU engineers created an AI logistician

    Translation. Region: Russian Federal

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

    At the VII All-Russian scientific and practical conference “Digital transformation of management: problems and solutions” held in April at the State University of Management, young scientists from the Center for Management of Engineering Projects of the State University of Management presented a promising development of an innovative hybrid decision support system (DSS) in logistics.

    GUU postgraduate students Nikita Akinshin and Vladimir Kutkov drew attention to the lack of efficiency of DSS used in logistics and developed their own solution that combines the power of a cascade of specialized machine learning (ML) models with the interpretive capabilities of large language models (LLM).

    Modern logistics is characterized by huge volumes of heterogeneous data, high demand uncertainty, and the need to coordinate multiple participants in real time. Traditional analytical tools are ineffective in highly dynamic situations and are based on static models. The results of analysis of advanced machine learning models are difficult to interpret and require highly qualified employees. Large language models are incapable of accurate calculations, lack industry logic, and can make unreliable conclusions.

    The key element of the new decision support system (DSS) is a multi-level architecture that combines all the capabilities of new technologies. This structure is implemented for the first time, although its individual components are already being used in real market conditions.

    At the first level, a cascade of several specialized ML models analyzes operational, logistics and economic data – from demand and arrival time forecasting to route optimization and cost assessment.

    At the second level, a meta-model is connected – a kind of analytical brain of the system, which collects the conclusions of all ML components obtained at the first level, analyzes the relationships and dependencies, identifies bottlenecks, assesses risks and forms a complex request (prompt) for the LLM model.

    At the third level of LLM, having received this “smart” prompt and interacting with infographics on BI platforms to obtain visualizations, synthesizes a deep, yet human-readable analytical report.

    As a result, information graphs are displayed on the screen with an assessment of the current state of affairs for the task under consideration and options for increasing the efficiency of its solution.

    This approach allows companies to quickly obtain a comprehensive picture, and employees to understand complex dependencies without having to delve into the technical details of how ML algorithms work and make timely, informed management decisions.

    “The meta-model is the highlight of our development. It acts as an experienced logistics analyst who first understands the situation, identifies all the interrelations, and only then formulates the task for LLM so that it can generate a truly useful, meaningful report for the employee,” explains Nikita Akinshin.

    It is also important that the new hybrid decision support model can perform tasks at all management levels, i.e. take on the roles of different employees of logistics companies. Mechanics and suppliers will receive reports on the technical condition of the transport fleet, middle managers will be able to build optimal routes, and managers will be able to more accurately forecast annual revenue.

    “After receiving information from the DSS, further decisions will be made by employees, while the system’s analytics are advisory in nature. But in the near future, from 3 to 5 years, the decision-making process may also become automated. It is only necessary to settle moral and ethical issues and regulate the legal framework,” says Vladimir Kutkov.

    The development of the employees of the engineering center of the State University of Management can be used not only in logistics, but also adapted for other sectors of the economy.

    A scientific publication with a detailed description of the development is currently being prepared for release.

    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

  • MIL-OSI China: China’s new law targets private sector growth through stronger financial support

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

    People work in the filling workshop of the Global Intelligent Manufacturing Industrial Park of Yili Modern Intelligent Health Valley in Tumd Left Banner in Hohhot, north China’s Inner Mongolia Autonomous Region, April 17, 2025. [Photo/Xinhua]

    China’s newly enacted Private Sector Promotion Law has drawn significant attention for introducing a range of financial support mechanisms designed to bolster private businesses.

    The legislation, which took effect on May 20, 2025, aims to address long-standing financing challenges faced by private enterprises and promote high-quality economic development.

    Expanding financing channels

    The Private Sector Promotion Law explicitly encourages private businesses to diversify their financing channels. By supporting the development of a multi-layered capital market, the law makes it easier for private companies to raise money directly, for example, by issuing stocks or bonds.

    Some local governments are already introducing new financing tools. Jiangsu province, for instance, has launched the “Private Credit Loan,” which breaks through traditional loan limits and offers more flexible financing options for private businesses.

    Specifically, Jiangsu’s loan breaks through the previous loan ceiling of 10 million yuan ($1.3 million), with the maximum amount now reaching up to 30 million yuan. The funding usage term has also been extended to a maximum of three years, and for project-based financing, it can be extended to 10 years — far longer than the traditional corporate loan practice of annual review within a one-year term.

    Optimizing credit policies

    The law also requires relevant State Council departments to use monetary policy tools and macro-credit policies to encourage financial institutions to provide more inclusive financial services to private businesses. Measures include setting reasonable tolerance levels for non-performing loans, improving the due diligence and liability exemption mechanisms, and enhancing professional service capabilities.

    The National Financial Regulatory Administration has also called for optimizing credit supply policies, directing financial institutions to offer more targeted financial services to private enterprises.

    Innovating financial products and services

    The law encourages financial institutions to create products and services tailored to the specific needs of private businesses. This includes innovative financing methods such as accounts receivable financing, warehouse receipt financing, equity financing, and intellectual property financing.

    For example, Chongqing has promoted IP financing to help small- and medium-sized technology firms access funding. When Zhongke Guangzhi (Chongqing) Technology Co., Ltd. faced financing challenges, the Chongqing Intellectual Property Operation Center arranged an IP pledge loan.

    By using the company’s core patents as collateral, and combining this with a credit assessment, the center helped the company secure a 5 million yuan loan. Across China, financial institutions are also using big data and artificial intelligence to develop new service models, aiming to make financial services more efficient and better suited to the needs of private enterprises.

    Strengthening financing guarantee functions

    The Private Sector Promotion Law aims to establish a comprehensive risk-sharing system for private enterprise financing, supporting collaboration between financial institutions and guarantee providers. The National Financial Regulatory Administration, together with the Ministry of Finance, is promoting the creation of a nationwide government-backed guarantee system to offer low-cost financing guarantees for small and micro businesses.

    Establishing information-sharing mechanisms

    The law also calls for the development of a robust credit information collection and sharing mechanism, encouraging credit reporting agencies and rating institutions to serve private enterprises. This measure is designed to reduce information gaps between lenders and private businesses, lowering lending risks.

    In short, the Private Sector Promotion Law introduces a broad range of financial support policies to make financing more accessible and equitable for private companies. These initiatives are expected to ease funding challenges, unlock innovation, and drive high-quality economic development in China.

    Luo Weijie is an associate professor in economics at Beijing International Studies University.

    MIL OSI China News

  • MIL-OSI Asia-Pac: Fencing test event set

    Source: Hong Kong Information Services

    The Challenge Cups Fencing Championships, which is also the 15th National Games (NG) Fencing test event, will be held at Kai Tak Arena, Kai Tak Sports Park this Saturday and Sunday.

     

    With more than 500 athletes participating, the event features open and veteran divisions. The épée competition will be staged on the first day, while the foil and sabre competitions will be held on the next day.

     

    The competition event will start at 9am on both days. Tickets are distributed to people through the Fencing Association of Hong Kong, China. Members of the public may register for tickets online from 9am tomorrow while stocks last.

     

    Moreover, a small number of tickets have been reserved for on-site distribution at the entrance on level UG of Kai Tak Arena at 9am or 2.30pm on the event days for admission.

     

    Radio Television Hong Kong will provide live broadcasts of parts of the events via RTHK TV 32 and webcast.

    Click here for more details

    MIL OSI Asia Pacific News

  • MIL-OSI: Nykredit announces completion of the takeover offer

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 15
    NOT FOR DIRECT OR INDIRECT RELEASE, PUBLICATION OR DISTRIBUTION IN OR
    TO ANY JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE CONTRARY TO APPLICABLE LEGISLATION OR RULES OF SUCH
    JURISDICTION

    Nykredit has announced completion of the takeover offer

    With reference to Spar Nord Bank A/S’ (Spar Nord) company announcement no. 14/2025 concerning the final result of the all-cash voluntary takeover offer from Nykredit Realkredit A/S (Nykredit) for all shares (other than treasury shares held by Spar Nord) in Spar Nord (the Offer), Nykredit has today announced that the Offer has been completed and settled as planned.

    Compulsory acquisition and delisting
    As Nykredit has obtained more than 90% of the share capital and voting rights in Spar Nord, excluding treasury shares held by Spar Nord, as a result of the Offer, Nykredit will, after completion of the Offer, seek to initiate and complete a compulsory acquisition of the Spar Nord shares held by the remaining minority shareholders in Spar Nord.

    In addition, Nykredit will request that Spar Nord seeks to have the Spar Nord shares removed from trading and official listing on Nasdaq Copenhagen A/S.

    Information about the compulsory acquisition and removal from trading and official listing of the Spar Nord shares will be announced separately.

    Relevant material is, subject to certain restrictions, made available at
    https://www.sparnord.com/investor-relations/takeover-offer

    Questions may be directed to Neel Rosenberg (media) on +45 25 27 04 33 or to CFO Rune Brandt Børglum (investors)on +45 96 34 42 36.

    Attachments

    The MIL Network

  • MIL-OSI: The UK, the Netherlands, Egypt and Saudi Arabia among likely winners in the changing world order

    Source: GlobeNewswire (MIL-OSI)

    LONDON, May 28, 2025 (GLOBE NEWSWIRE) — The Global Business Complexity Index (GBCI) studies over 250 indicators of complexity in 79 jurisdictions that represent 94% of the world’s GDP. The complexity that the report measures is a dead-weight burden on business that stifles local innovation and deters foreign direct investment with no obvious societal benefit. The report has consistently shown that countries in Southern Europe and Latin America are the most complex for doing business and that continues to be true in 2025. At the other end of the scale, the least complex places to do business tend to be in Northern Europe and several of the offshore investment hubs. These all compete for investment on the basis of the ease of doing business there and have adopted less onerous requirements, as well as more efficient ways for firms to manage them.

    The report notes that complexity is relatively straightforward to navigate, at least for larger multinationals able to absorb the cost of complying with local rules. What is much harder to deal with is uncertainty. US-led sanctions, lockdowns in China and the Suez blockage had already begun a shift in globalisation towards more diversified supply chains, with companies seeking to reduce their reliance on single countries for sourcing, building or selling their products. A part of that solution noted in last year’s report was the rise of connector economies like Mexico, Philippines and Vietnam, bridging trade between China and the US in the so-called ‘China plus one’ strategy. That strategy has now fallen foul of US tariffs, set to reflect a country’s trade surplus in goods with the US and so punishing countries with connector status.

    Even if tariffs abate, their launch and rapid shifts point to an underlying risk for companies trading from countries with a high US trade surplus. The report notes a drop in confidence in stability, with the majority of jurisdictions (55%) reporting prioritisation of trade corridor diversity. It identifies a number of countries that might now emerge as the new connectors — with low levels of complexity pointing to business-friendly rules, a low US trade surplus pointing to less likely retaliatory action, a reasonable size and sophistication of economy to support a variety of activity at scale and absorb investment without tipping heavily into US trade surplus, and a multipolar stance that should allow them to trade across different blocs. Those countries include the UK and the Netherlands in Europe, Egypt and Saudi Arabia in the Middle East and Australia and Hong Kong in Asia Pacific.

    The report finally notes that at a time of great uncertainty for global trade — and in particular, trade with the US — governments should focus on making their countries less complex places to do business whilst seeking trade agreements across different blocs to encourage cross-investment. It also notes that companies will need to further diversify their supply chains. That will add to their internal complexity and costs. At the same time, companies can help themselves by simplifying their arrangements for managing those supply chains, with many having excessive numbers of legal entities for their geographic scope along with large numbers of suppliers to help manage them.

    TMF Group’s CEO Mark Weil, said:

    “The real challenge for businesses today isn’t complexity, it’s uncertainty. With rising trade tensions, a shifting geopolitical landscape and economic unpredictability, companies are forced to make decisions in an environment that can change overnight. Tariffs are just the latest signal of the risks of supply chain concentration. Diversification is a necessity in this context, although it comes with a cost. The good news is that businesses can offset some of the complexities of diversification by reducing their own internal intricacies. Our benchmarking reveals stark differences in structural complexity among similar firms. We see an opportunity here: by simplifying their structures and support models — for example, by having fewer legal entities and a few trusted global partners — businesses can gain flexibility. Done right, this can improve efficiency and agility as firms navigate an uncertain world.”

    Media Contacts
    Marina Llibre Martin, Global PR Manager
    marina.llibremartin@tmf-group.com

    The MIL Network

  • MIL-OSI: Nokia and blackned to create next-generation deployable tactical networks for the defense sector

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Nokia and blackned to create next-generation deployable tactical networks for the defense sector

    • Companies sign agreement to provide advanced, deployable mobile communication systems for military battlefield operation.
    • Tailored for Germany’s defense requirements, with adaptability for international use.
    • Leverages Nokia’s cutting-edge 5G technology and blackned’s expertise in defense digitalization to enable high performance, scalability and strategic advantage.

    28 May 2025
    Espoo, Finland – Nokia and blackned GmbH, in which the Düsseldorf-based technology group Rheinmetall holds a 51% stake, have entered into a memorandum of understanding to create advanced deployable tactical networks for the defense sector, the companies announced today. The partnership brings together Nokia’s 5G technology and blackned’s expertise in defense digitalization to develop high-performance, next-generation tactical communications solutions that provide secure and reliable connectivity for military operations in the field.

    Under the agreement, the companies will integrate their respective product and solution portfolios to design a unique, deployable communication system tailored to Germany’s defense needs and adaptable for use in other countries. This collaboration will leverage Nokia’s 5G tactical communications technology and blackned’s software-based defense solutions, creating an ideally integrated platform for the Rheinmetall Battlesuite.

    Deployable tactical networks are cutting-edge, mobile solutions designed for quick deployment and extended reach. Built for various battlefield environments, these systems provide reliable, uninterrupted connectivity and high data rates for military teams supporting the Software Defined Defense paradigm. These deployable tactical networks enhance situational awareness, speed up decision making and improve asset co-ordination.

    “blackned is dedicated to advancing innovation in defense digitalization, and our agreement with Nokia represents an important milestone in that mission. Together, we will provide powerful, flexible and future-ready tactical network solutions built for the realities of modern defense, said” Timo Zaiser, CTO at blackned GmbH.

    “In a rapidly evolving tactical environment, speed, mobility and adaptability are paramount. Through the partnership with blackned, our 5G technology will empower defense forces to deploy robust communication capabilities swiftly and share intelligence more effectively, providing our customers with a decisive advantage on the battlefield,” added Giuseppe Targia, Head of Space and Defense at Nokia.

    Multimedia, technical information, and related news
    Web Page: Nokia Defense
    Web Page: Nokia 5G
    Product Page: AirScale Radio Access
    Web Page: Rheinmetall Digitalization
    Web Page: Rheinmetall Connectivity

    About Nokia
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    About blackned
    Since its foundation in 2009, blackned GmbH has specialised in the development of software-based defence solutions. With the tactical middleware RIDUX and the management system XONITOR, the company forms the core of an advanced architecture for the digitalisation of land forces. As the technical foundation of the Rheinmetall Battelsuite, the TACTICAL CORE digital ecosystem provides a future-proof and open framework for implementing digitalisation projects within NATO armed forces.

    blackned GmbH has been developing and realising customised, mission-critical communications solutions in the field of highly mobile, deployable networks for 15 years. With now six locations and over 200 employees worldwide, blackned is a leader in the industry. Since 2025, the Düsseldorf-based technology group Rheinmetall has been the majority shareholder of the company. The company’s expertise and commitment enable the development of innovative solutions that meet the requirements of modern armed forces and drive digital transformation.

    Media inquiries
    Nokia Press Office
    Email: Press.Services@nokia.com

    Rheinmetall Head of Public Relations
    Oliver Hoffmann
    E-mail: oliver.hoffmann@rheinmetall.com 

    The MIL Network

  • MIL-OSI: Opdateret prospekt – Investeringsforeningen PortfolioManager

    Source: GlobeNewswire (MIL-OSI)

    Investeringsforeningen PortfolioManager offentliggør hermed opdateret fællesprospekt.

    Prospektet er opdateret som følge af, at en afdeling har ændret navn til afdeling Othania Stabil UCITS KL samt tilpasset investeringsområde i vedtægterne.

    Desuden sker opdateringen som følge af en afdelings navneændring til Petersen & Partners Globale Aktier Future World KL samt tilpasning af SFDR-bilag. 

    Endelig er der foretaget visse redaktionelle ændringer i prospektet.

    Foreningens nye prospekt kan downloades fra www.fundmarket.dk.

    Med venlig hilsen
    Nina Trolle Boldt, adm. direktør
    Fundmarket A/S

    The MIL Network

  • MIL-OSI Economics: Media release: Australia’s oil and gas industry welcomes Sussan Ley’s new Shadow Cabinet – Australian Energy Producers

    Source: Australian Petroleum Production & Exploration Association

    Headline: Media release: Australia’s oil and gas industry welcomes Sussan Ley’s new Shadow Cabinet – Australian Energy Producers

    Australia’s oil and gas industry congratulates Opposition Leader Sussan Ley’s new Shadow Ministry and looks forward to working with the Coalition on policies that deliver more gas supply and investment for Australia’s energy security and economic growth.

    Australian Energy Producers Chief Executive Samantha McCulloch welcomed the re-appointment of Shadow Minister for Resources and Northern Australia Susan McDonald.

    “Senator McDonald has been a strong advocate for the resources sector and regional Australia, and brings deep understanding of the critical role of gas in supporting jobs and energy security,” Ms McCulloch said.

    “Her work as Shadow Minister for Resources and Northern Australia has highlighted the importance of a stable and competitive investment environment to unlock Australia’s resource potential and drive future economic growth.”

    Ms McCulloch also welcomed the appointments of Shadow Minister for Energy and Emissions Reduction Dan Tehan, Shadow Treasurer Ted O’Brien, Shadow Minister for Environment Angie Bell and Shadow Minister for Industry and Innovation Alex Hawke.

    “Dan Tehan’s experience in senior ministerial roles brings a valuable perspective to national energy policy, and we look forward to working with him as he takes on this important portfolio. His electorate of Wannon runs on natural gas, providing energy to critical local industries like dairy and manufacturing.”

    Industry stands ready to work with both major parties to implement bipartisan policies that will:

    • Boost Australian gas supply to ease cost of living pressures
    • Restore Australia’s global competitiveness for investment
    • Deliver real emissions reductions with gas and carbon capture, utilisation and storage (CCUS)
    • Remain a reliable energy partner in our region

    “The next term of Parliament presents an opportunity for industry to work with the Government and Opposition to deliver enduring reforms to boost productivity and investment, to ensure reliable and affordable energy for Australians,” Ms McCulloch said.

    Media contact: 0434 631 511

    MIL OSI Economics

  • MIL-OSI Russia: Moscow redeems green bonds for the population, which became the first such securities

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    The city has redeemed green bonds for the population. This was reported by Elena Zyabbarova, Minister of the Moscow Government, head of the capital’s Department of Finance.

    The goals of the issue of securities were to improve the culture of saving and investing funds, as well as to involve citizens in the financing of the city’s environmental project.

    “Moscow’s green bonds for the population were the first such securities issued in Russia. Only individuals could purchase them. The city offered a simple and convenient investment product with a low degree of risk, also suitable for those who have no experience in investing in securities. An important point was the targeted nature of the investments: buyers invested in the implementation of a project to improve the environmental situation in the metropolis and improve the quality of the urban environment,” said Elena Zyabbarova.

    The funds received by the city from the placement of green bonds for the population were used to purchase 51 electric buses. They replaced diesel buses on city routes. The project allowed for the acceleration of the electrification of Moscow transport and the reduction of emissions of harmful substances and carbon dioxide into the atmosphere of the capital.

    The placement of securities began on May 30, 2023. Moscow offered private investors bonds worth two billion rubles for a period of two years. The par value of each of them was one thousand rubles, which made them available for purchase to a wide range of citizens. The entire issue was bought out in five weeks, which confirmed the high interest in the new financial instrument. More than 3.5 thousand people from 73 regions of Russia became owners of green bonds. The largest number was purchased by Muscovites, residents of the Moscow Region and St. Petersburg.

    According to the terms of the issue, the bonds for the population were not traded on the stock exchange and could not be resold to other individuals. Their holders had the right to return them to the city at any time at par value, while retaining the coupon income for the entire period of ownership. This served as an additional guarantee of the reliability of investments, reducing risks primarily for unqualified investors.

    Coupon income was paid quarterly. The city fulfilled its obligations to pay interest and redeem securities on time and in full.

    Elena Zyabbarova added that the issuance of green bonds for the population contributed to the increased interest of citizens in responsible investment issues and helped to learn more about how to save and increase their savings without risks. All purchase and sale transactions were carried out online, without intermediaries and commissions. This made the investment process clear and convenient.

    Moscow’s Green Bonds Among Global Best Practices in Combating Climate Change

    You can find out more about the Moscow budget and the city’s securities in the Telegram channel “Open Budget of Moscow” and on the official portal of the capital’s Department of Finance “Open Budget of the City of Moscow”.

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

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

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

    https: //vv.mos.ru/nevs/ite/154367073/

    MIL OSI Russia News

  • MIL-OSI Russia: Four wedding ceremonies took place at Mayakovskaya metro station on May 25

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Employees of the capital’s registry offices held wedding ceremonies at the Mayakovskaya metro station on the night of May 25. On the most popular date of the year for marriage registration, four families were created there.

    “The last spring wedding ceremonies at the Mayakovskaya metro station, the site of the New Addresses of Happiness project, took place on the most popular date of the year – May 25. The capital’s registry offices registered more than a thousand marriages on this day. Due to the high demand for this beautiful date, the celebrations took place at outdoor ceremony sites and in wedding palaces, despite the fact that Sunday is a day off for most registry offices,” said

    Anastasia Rakova, Deputy Mayor of Moscow for Social Development.

    Wedding ceremonies at Mayakovskaya metro station are held at night, from 02:00 to 04:00, allowing future spouses to share this important moment with only their closest people in an unforgettable setting. The center of the hall is decorated with wedding decor, and the Moscow-2020 and Moscow-2024 trains accompany the participants of the ceremony on the tracks.

    “A wedding in the Moscow metro is an unforgettable memory for newlyweds. We are glad that every year more and more couples choose the metro for their wedding ceremony. We wish the newlyweds happy and long years of life together! We continue to participate in the Moscow Mayor’s project “New Addresses of Happiness” and provide venues of the capital’s transport complex for weddings,” said Deputy Moscow Mayor for Transport and Industry

    Maxim Liksutov.

    After the wedding ceremony, the newlyweds can have a photo session on the Moscow-2024 train.

    In order to get married at Mayakovskaya station, you must personally submit an application to Wedding Palace No. 1 and pay a state fee of 350 rubles. No additional costs are required.

    There are more than 50 venues in Moscow for holding special events. These include wedding palaces, museums, metro stations, estates and restaurants. The “Our Wedding” service on the mos.ru portal will help you choose the ideal venue. In the capital Department of Information Technology said that this is the most detailed guide to wedding venues. Filters allow you to select a venue using various filters: interior style, availability of parking or live music. In addition, here you can specify the desired date of registration, the nearest metro station, the maximum number of guests and much more.

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

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

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

    https: //vv.mos.ru/nevs/ite/154408073/

    MIL OSI Russia News

  • MIL-OSI Russia: The summer season of the project “Sports Weekend” begins

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    May 31st project “Sports Weekend” returns to the capital’s open areas. For the first time, outdoor training will take place on Vorobyovy Gory, in the Troparevo recreation area and in Shkulev Park.

    Free access to classes of the joint project of government service centers andDepartment of Sports of the City of Moscow will be available at 54 venues in the most popular places in the capital. Under the guidance of professional athletes, functional and dance training, as well as yoga and stretching classes, will be organized there.

    Residents of Moscow can choose a site that is convenient for them – closer to home or the city center.

    The participants will also find their favorite training spots. Among them are the Southern Landscape Park on the territory of the Dream Island amusement park, the Technopark garden on the territory of the Skolkovo Innovation Center, the roofs of the Southern and Northern River Terminals, the 50th Anniversary of October Park, and many others.

    The training schedule and site addresses are available atproject website. You can also view the schedule and sign up for classes at any government services center. Specialists at the My Documents offices will help you register for training and tell you about the project in detail. In 2024 alone, more than 74 thousand people joined it, and over five thousand classes were completed.

    For those who prefer to train at home,project channel on weekdays from 07:00 there are exercises. In addition, users can join master classes in various sports, as well as meditations. Recordings of the broadcasts are available at a convenient time. Online training of the project “Sports Weekend” has already gained more than two million views.

    Project “Summer in Moscow”— the main event of the season, which will unite the most vibrant events of the capital from June 1. Every day in all districts of the city there will be charity, cultural and sports events, most of them free. The Summer in Moscow project will be held for the second time, and this season will be more eventful: new, original and colorful festivals and events will be added to the traditional ones.

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

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

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

    https: //vv.mos.ru/nevs/ite/154414073/

    MIL OSI Russia News

  • MIL-OSI Russia: Since the beginning of the year, residents of the capital have paid more than nine million bills in the My Payments service

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Every year, residents of the capital increasingly use the My Payments service on mos.ru and in city mobile applications. In the capital Department of Information Technology noted that due to the constant development of the service, its demand is growing: since the beginning of 2025 alone, city residents have paid about 9.2 million bills with its help. This is eight percent more than for the same period last year.

    Most often, city residents used the service to pay bills for kindergarten and after-school programs, housing and communal services using a single payment document (SPD), electricity, home telephone and Internet, and also to top up schoolchildren’s Moskvenok cards.

    “The My Payments service provides residents of the capital with the opportunity to pay for more than nine thousand services of municipal and commercial organizations using convenient payment instruments. Over seven and a half years of operation, city residents have paid more than 115 million bills using it. At the same time, the service is constantly evolving: for example, last year, an additional method of paying bills was introduced for users using the fast payment system, functions were added for viewing the balance and purchasing travel tickets for public transport, as well as receiving and paying water bills not included in the EPD. Already this year, the service has new options for convenient payment for travel on the M-12, Central Ring Road and Western High-Speed Diameter highways, as well as setting up notifications about the issuance of new bills from the EPD for non-residential premises. For users of the service, these are additional opportunities to promptly receive information about the receipt of new bills and save time on paying them,” said Vladimir Novikov, Director of the Department for Support of Citywide Payment Systems of the Moscow Department of Information Technology.

    Find accounts

    The My Payments service automatically finds unpaid invoices if the user has a standard or full account on the mos.ru portal, and the necessary data is filled in the personal account. The more information about the documents the user adds, the more complete the information in the service will be. If this is not enough, you can find the required account and simultaneously enter the information directly in the service. To do this, use the widgets “Documents and data”, “Account by UIN” or“TC Certificate”. To avoid missing a payment, you can set up a subscription to receive notifications aboutnew accounts. After this, information about them will be automatically sent by e-mail or as push notifications in the mobile applications “Gosuslugi Moskvy” and “My Moscow”.

    Batch payment, templates and auto payments

    Reducing the time it takes to pay regular advance payments will help templates. You can also use the service set up auto payment according to a schedule, an invoice or a balance threshold. And if you need to pay several invoices at once, you can use the function in the service one-time (package) payment.

    The auto payment function is also available in charity service on the mos.ru portal. To set it up, after authorization and the first donation, you need to select the amount and set up a regular write-off. The charity service presents verified funds that support seriously ill children and adults, lonely people and families in difficult life situations, homeless cats and dogs, as well as environmental, scientific and educational projects and initiatives. On the project page, city residents can support any program or choose several – in this case, the donation amount will be divided equally among everyone.

    Paying bills via the fast payment system

    Paying bills through the fast payment system (FPS) frees city residents from the need to provide bank card details. And until January 10, 2026, when using the FPS in the My Payments service on the mos.ru portal, residents of the capital can pay bills without commission, as well as receive cashback in the amount of one percent of the payment amount (when paying for services of certain categories through the FPS). To do this, you must register in the loyalty program on the website before making a payment VAYPRETET.ru. Cashback in rubles will be automatically returned within a minute to the bank account from which the payment was made through the SBP. The promotion is carried out by the National Payment Card System – the operational payment and clearing center of the SBP. You can find out more about the organizer, terms and rules of the promotion on the website VAYPRETET.ru, as well as in the instructions on the mos.ru portal. If any questions arise, participants of the action can contact the support service of the mos.ru portal in the section “Feedback” and by calling the hotline: 7 495 539-55-55 (24-hour information and reference service for the provision of government services).

    Detailed information about all the possibilities of the My Payments service can be found ininstructions.

    You can learn more about how Moscow’s electronic services developed, as well as how just 30 years ago, in order to pay bills, you had to visit up to five different departments, from the film “Moscow in Digital”.

    The creation, development and operation of the e-government infrastructure, including the provision of mass socially significant services, as well as other services in electronic form, correspond to the objectives of the national project “Data Economy and Digital Transformation of the State” and the regional project of the city of Moscow “Digital Public Administration”.

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

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  • MIL-OSI Russia: The winner of the Moscow Masters competition among care assistants has been determined

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    The results of the city competition of professional skills “Moscow Masters” among care assistants have been summed up in the capital. This year, more than 100 social protection and healthcare workers competed for the victory, reported Oksana Shalygina, Deputy Head of the Department of Labor and Social Protection of the Population of the City of Moscow.

    “Two years ago, a unique and first in Russia simulation center for training in professional care skills was opened at the Scientific and Practical Gerontopsychiatric Center. During this time, more than three thousand employees of the social protection system have improved their qualifications at the institution, which has improved the quality of life of people in need of professional and safe care and attention. Care assistants are specialists working in inpatient social service institutions, hospitals, palliative care departments, and at home. They care for the most vulnerable categories of city residents – the elderly and Muscovites with special needs. Last year, for the first time, the specialty of “care assistant” was included in the list of professions of the “Moscow Masters” competition. The competition format made it possible to create a unique space for exchanging experiences – this contributes to the development of the social service system in the city,” said Oksana Shalygina.

    This year, the competition was held in three stages, with participants demonstrating professional skills at each stage — from first aid and care manipulations to communication ethics. In the final, seven contestants from the social protection sector competed in a blitz game and made video presentations on the topic of “Philosophy of Care”. The winner of the competition was Olesya Kaplunova from the O.V. Kerbikov social home.

    Special interactive areas were prepared for guests, where they could improve their sensory abilities, learn about modern care products and technologies, and feel like an elderly person using a special suit.

    Every year, the winners of the Moscow Masters competition receive cash grants. The winners are awarded 300 thousand rubles, silver medalists – 200 thousand rubles, and bronze medalists – 150 thousand rubles. Last year, more than 120 winners and prize winners of the competition in all competencies received grants.

    The Moscow Masters professional skills competition has been held since 1998. About 20 thousand people participate in it annually in 40 specialties. In 2024, for the first time in the history of the competition, care assistants, whose professional standard was approved in 2023, competed for prizes.

    Within the framework of the program “City nursing homes of a new type”, standards for the work of residential institutions have been developed. They are based on respect, safety and comfort for residents. In 2021, simulation classes were created at 11 institutions to train care assistants, and in 2023, a simulation center was opened. It trains not only social security employees, but also Muscovites who care for relatives.

    The Simulation Center is a unique complex for training professional caregivers. The Center is the main educational platform in Moscow in its field, it trains specialists according to a new professional standard. About three thousand assistants in boarding schools and five thousand social workers at home work in the capital’s social sphere. They help elderly Muscovites, people with disabilities and residents with cognitive disabilities.

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

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  • MIL-OSI Russia: Residents of 37 old buildings in central Moscow have moved into new apartments under the renovation program

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Since the beginning of the renovation program in the Central Administrative District of the capital, 37 old houses have been completely resettled. Their residents have moved into new spacious apartments with finished improved finishing. This was reported by the Minister of the Moscow Government, the head of the capital’s Department of Urban Development Policy Vladislav Ovchinsky.

    “The first residential complex in Mukomolny Proyezd was handed over for settlement in 2019. Today, the number of new buildings in the district being settled has reached eight. All residents of 37 completely vacated old buildings celebrated housewarming in their apartments. In particular, residents of 24 buildings moved in the Presnensky District, five houses were vacated in Tagansky and Basmanny, and three more in Krasnoselsky. For the residents who moved, the city provided free movers and a car as part of the “Assistance in moving” service. You can submit an application both on the mos.ru portal and at resettlement information centers,” said Vladislav Ovchinsky.

    The city provided the participants of the renovation program with equivalent apartments with improved finishing. They were renovated, plumbing and lighting fixtures were installed.

    “About 5.7 thousand Muscovites who previously lived in 37 vacated buildings became the owners of comfortable apartments in the district. In the Presnensky district, all residents of 24 old houses – more than 3.5 thousand people – completed housing documents, in Tagansky – more than 720 city residents from five vacated five-story buildings. In the Basmanny district, about 800 city residents from five completely vacated houses signed contracts. In the Krasnoselsky district, almost 650 program participants who previously lived in three such buildings moved to new buildings,” she specified.

    Ekaterina Solovieva, Minister of the Moscow Government, Head of the Moscow Department of City Property.

    In total, 110 old housing stock buildings are to be resettled under the renovation program in the Central Administrative District. More than 16.5 thousand Muscovites will receive new apartments.

    Earlier, Sergei Sobyanin spoke about resettlement under the renovation program in the area Pokrovskoe-Streshnevo.

    The renovation program was approved in August 2017. It concerns about a million Muscovites and provides for the resettlement of 5,176 houses. Earlier, Sergei Sobyanin ordered to increase the pace of implementation of the renovation program twice as much.

    Moscow is one of the leaders among regions in terms of construction volumes. High rates of housing construction correspond to the goals and initiatives of the national project “Infrastructure for life”.

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

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  • MIL-OSI Russia: Cinema Park “Moskino” invites children and parents to the animation festival

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    On May 31 and June 1, the Moscow Festival of Animation and Children’s Cinema will be held in the Moskino Cinema Park. A bright holiday for children and their parents will bring together heroes of favorite cartoons. In addition to a rich entertainment program, guests will be treated to a business part for professional filmmakers and those wishing to uncover the secrets of filmmaking.

    “This year, the cinema park is planning to hold several large-scale festivals for the whole family. One of them will be the Moscow Animation Festival, which will feature many memorable entertainments. International Children’s Day is an important holiday for the country, and preserving family values is a priority for the cinema park. We have prepared a special fairy-tale program for this weekend – guests will be able to meet the creators of cartoons, participate in games, quests and see performances with their favorite characters,” said Kirill Kosenko, General Director of the Moskino Cinema Park.

    Project pitching, business session and cartoon parades

    On May 31, from 12:00 to 14:30, a pitching of animation projects will be held at the educational center. The jury will include one of the founders of Paranoid Animation Studio, Kirill Kiychenko, general producer of the 2D films studio, Vasily Solovyov, producer of the trilogy “The Last Knight” Vladimir Vereshchagin, chief artist of the Moskino cinema park Sergey Fevralev and other experts. The curator of the event will be Alena Sycheva, a film critic and producer. From 14:00 to 14:30, a ceremonial awarding of the winners and participants will take place.

    Also on May 31 from 15:00 to 17:00 there will be a business session dedicated to children’s culture in Moscow, its modern trends and development prospects. The discussion will be attended by producers Sergey Netievsky and Vladimir Vereshchagin, editor-in-chief of the Karusel TV channel Tatyana Tsyvareva, deputy general director of the State Budgetary Cultural Institution of the City of Moscow Mosrazvitie Sergey Melnikov, deputy head of the capital’s Department of Information Technology Boris Frolov and Deputy Director for Development of the Children’s Musical Theatre of the Young Actor Maria Fedorova. The moderator will be Managing Director of the Russian Media Group Dmitry Mednikov.

    For children and parents, a grand show with cartoon parades, competitions, interactive games and gifts from the festival’s information partner, Hit FM radio, will be held on the central square throughout the weekend. Guests will be treated to special master classes in themed tents with characters from their favorite cartoons. In addition, young visitors will be able to take part in competitions and fun games, ride carousels and mini-excavators, and go karting on pedal retro cars.

    Quest and performances

    In honor of the 100th anniversary of the publication of Korney Chukovsky’s fairy tale “Barmaley”, a fun quest awaits guests on May 31 and June 1. Participants will have to go through several tests on the sites of the cinema park and help Aibolit save the animals.

    On May 31 at 12:00 at the Gonzaga Theatre, viewers will be able to see the play “Don’t go, children, to Africa for a walk!” based on the fairy tale “Barmaley”.

    From 2:00 PM to 3:30 PM, a master class by director Anton Mikhalev will be held for aspiring filmmakers. He will tell you how to attract and hold the viewer’s attention, and will also reveal the secrets of creating popular video projects. The lecture will be interesting for listeners over 12 years old.

    At 16:30, young guests will see a performance with an oriental plot “Aladdin”, which will be performed by artists of the Moscow Children’s Shadow Theater. At 18:00, the youngest ones will see the performance “Be-be-bears” – a story about the search for a magic crystal and strong friendship.

    On May 1 at 13:00 and 16:00 professional artists of the S.V. Obraztsov Puppet Theater will show the play “Ali Baba and the Forty Thieves” based on the famous Arabian fairy tale. Viewers will see oriental costumes and exquisite dolls.

    Master classes, staged shooting and graduation party

    In the central square, children will be able to show off their talents and take part in various master classes. Guests will be offered to voice a cartoon, win a competition for the best character drawing, create a 3D figure, make a kite and draw a movie poster.

    The Cowboy Town site will host staged filming based on the fairy tale film Aibolit-66. Participants will be offered to dress up as Aibolit, Barmaley and a pirate, playing charismatic characters under the director’s guidance. Horseback riding will also be possible at this site. You can take part in the filming on May 31 and June 1 throughout the day.

    At the Cathedral Square of Moscow location, participants will be transported into the atmosphere of the adventure film Ivan Vasilyevich Changes Profession, try on historical costumes and laugh at famous quotes. You can also take part in the filming throughout the weekend. In addition, on May 31 from 12:00 to 13:30, a graduation ball for cadets will be held at this location. 120 people from School No. 2073 (TiNAO) will take part in it. On June 1 at 14:00 and 18:00, guests will be able to attend funny clown performances and see a tent show in a special tent.

    Three tent circuses will operate in the capital as part of the Summer in Moscow projectConcerts, trainings and performances: how the large-scale project “Summer in Moscow” will take place

    The Moskino cinema park is part of Sergei Sobyanin’s “Moscow – City of Cinema” project and an object of the Moscow cinema cluster, which is being developed capital’s Department of CultureThe first stage of development has already been completed here: 24 natural sites, four pavilions and six infrastructure facilities have been built, including the sets “Center of Moscow”, “Moscow in the 1940s”, “Vitebsk Station”, “Yurovo Airport”, “Cathedral Square of Moscow”, “Deaf Village”, “County Town”, “Cowboy Town”, “St. Petersburg Bar” and other sites.

    The Moscow Film Cluster is an infrastructure facility, services and facilities for filmmakers, which are being developed by the Moscow Government within the framework of the Moscow — City of Cinema project. Its structure includes the Moskino Film Park, the Gorky Film Studio (sites on Sergei Eisenstein Street and Valdaisky Proyezd), the Moskino Film Factory, the Moskino Cinema Network, the Film Commission and the Moskino Film Platform.

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

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  • MIL-OSI Russia: Chinese and European companies ready to deepen cooperation in semiconductor sector

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    BEIJING, May 28 (Xinhua) — China’s Ministry of Commerce held a meeting on Tuesday to discuss deepening cooperation between China and Europe in the semiconductor industry.

    The event was attended by representatives from the Ministry of Commerce of the People’s Republic of China, the China Semiconductor Industry Association and the EU Chamber of Commerce in China, as well as more than 40 semiconductor enterprises from both sides.

    The meeting noted that China and Europe occupy important positions in the global semiconductor supply chain, so strengthening cooperation in this area is in the common interests of both sides.

    Against the backdrop of a complex international environment characterized by growing uncertainty and instability, China will continue to promote high-level opening-up to the outside world and create a fair, stable, transparent and predictable environment for enterprises.

    The meeting emphasized that China firmly opposes unilateralism and bullying and is committed to ensuring the security and stability of the global semiconductor supply chain.

    The meeting participants emphasized its role as a valuable platform for Chinese and European semiconductor enterprises to deepen mutual understanding, enhance trade confidence and expand exchanges and cooperation.

    They agreed that increased contacts and cooperation between China and the EU in the semiconductor sector could give new impetus to the recovery and growth of the global economy.

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  • MIL-OSI Security: Senior officials from NATO Allies and partners gather for NATO’s first Southern Neighbourhood Security Dialogue

    Source: NATO

    NATO’s Special Representative for the Southern Neighbourhood, Javier Colomina, convened NATO’s first Southern Neighbourhood Security Dialogue of Senior Officials, which was held yesterday (27 May 2025), at the NATO Joint Force Command in Naples (Italy).

    “Our gathering in Naples comes as a result of the decision taken by Allied leaders at NATO’s Washington Summit last summer – to adopt a Southern Neighbourhood Action Plan for a stronger, more strategic and result-oriented approach towards the region. We are approaching the first anniversary of the adoption of the Plan; this Security Dialogue is a reflection of how far we have come in ensuring that the southern neighbourhood is systematically included in NATO’s agenda,” Mr. Colomina pointed out. He added that this initiative “provides a unique opportunity to discuss the evolving security situation in the region, and to exchange views on our priorities for cooperation, with the direct involvement of our capitals.” 

    NATO’s Special Representative also illustrated the development of a NATO–Southern Neighbourhood Partners’ Agenda for Tackling Security Challenges. This document was produced in consultation with Mediterranean Dialogue (MD) and Istanbul Cooperation Initiative (ICI) partners, and was endorsed by NATO Foreign Ministers at their meeting in Brussels in April. It identifies priority areas for thematic dialogues, including strategic perspectives on regional security, counter-terrorism, cyber defence, maritime security, countering information threats, scientific cooperation, Small Arms and Light Weapons and Mine Action (SALW/MA), and climate change and security.

    The event was co-organised by the office of the NATO Secretary General’s Special Representative for the Southern Neighbourhood and the Italian Ministry of Foreign Affairs and International Cooperation. It featured around 90 participants from NATO Allies, partner countries from NATO’s Mediterranean Dialogue and Istanbul Cooperation Initiative,and regional organisations.

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  • MIL-Evening Report: Nobel laureate Brian Schmidt is ‘scared’ about Australia’s research capacity – this is why

    Source: The Conversation (Au and NZ) – By Brendan Walker-Munro, Senior Lecturer (Law), Southern Cross University

    On Wednesday, Nobel laureate Brian Schmidt and economics professor Richard Holden gave a joint address to the National Press Club in Canberra. Their key message? Australia isn’t spending enough money on university research.

    Schmidt wants to ensure Australia can undertake research vital to our national interests.

    “I look around and I am scared,” Schmidt said. “The Australian government investment in its sovereign research capability was 50% higher 15 years ago as a fraction of GDP.”

    In his remarks, Holden warned, “we’ve become addicted to funding […] research capability through international student income”.

    If this sounds familiar, both Schmidt and Holden have made similar calls before. And their press club presentation follows constant and repeated repeated calls from the university sector for more funds.

    How much is Australia spending on research and how does this compare to other countries?

    How does Australia compare?

    When we look around the world, Australia is lagging when it comes to research spending. Australia spends roughly 1.7% of its Gross Domestic Product (GDP) on all forms of research and development.

    Our research expenditure has also decreased every year since 2008, according to the Australian Academy of Science.

    Meanwhile, based on World Bank data, the United States spends about 3.59% of their GDP on research. China might only spend 2.56% of its GDP, but that’s 2.56% of around US$18.7 trillion (A$29 trillion) – meaning China spends about US$500 billion ($778 billion) on research annually.

    The OECD average (across 38 member countries) is 2.7%, a full percentage point higher than Australia. We’re also underspending compared to other nations smaller than us, including:

    – Finland has a population roughly one-fifth of Australia and spends 2.96% of its GDP on research

    – Sweden has a population of about 10 million and spends 3.41%.

    Australia’s top research universities (the Group of Eight), argue Australia needs to work towards a target of 3% GDP to “underwrite national prosperity”.

    The funding we have is unstable

    Australia’s university research funding also lacks stability.

    Government only funds part of university research – so universities have to come up with the rest. This adds a layer of vulnerability to our research system.

    One of the key sources of university-generated funding is international student fees.

    This means if there are cuts to overseas students – as we saw during COVID and as we see now due to federal government policy changes – there is a flow-on impact on research funding.

    Repeated calls for more funds have been ignored

    Universities have been asking for more money for years and these requests have been ignored by both sides of politics.

    But while the requests may not change, the global security context is shifting. As Schmidt told the press club,

    We can expect new technologies based around small-scale automated machines, hypersonic missiles and computer warfare to feature prominently if we are to have future conflicts between advanced economies.

    In such a case the research capability of a country will be incredibly important at influencing the overall winners and losers, because once the conflict starts, you ‘have what you got’.

    If we don’t properly fund universities to do cutting-edge research, such as quantum science, robotics and cybersecurity, researchers will go elsewhere to do their work. And some funders might not have Australian interests at heart.

    China, Russia and the European Union have leapt on US President Donald Trump’s recent decisions to defund or halt research programs, creating funds worth billions of dollars to woo scientists and scholars from the US to their own countries.

    What options do we have?

    The Albanese government has commissioned a strategic review of Australia’s research and development sector (led by Tesla chair Robyn Denholm), which is due to report by the end of the year. Part of its remit is to look at “mechanisms to improve coordination and impact of [research and development] funding and programs […].”

    In an ideal world, this will prompt the federal government up its funding of research, to match other countries. But previous unheard calls suggests this is unlikely.

    But we can also be more creative. Perhaps industry can fill the gap with an Australian “Silicon Valley” where emerging industries can be clustered with universities in research partnerships. This is what some authors have called “innovation precincts”.

    We could also look at prioritising industry-based PhDs, so postdoctoral students have a research job when they graduate. Or we could consider reallocating government funds going to other sources, such as defence, on topics of military or intelligence importance.

    This could see university funding pools become broader and deeper, more diversified and better suited to our national interests.

    Brendan Walker-Munro has completed paid consultancies for the Australian Strategic Policy Institute and Independent National Security Legislation Monitor. He receives funding from the Australian Government under the Australia-India Cyber and Critical Technologies Partnership.

    ref. Nobel laureate Brian Schmidt is ‘scared’ about Australia’s research capacity – this is why – https://theconversation.com/nobel-laureate-brian-schmidt-is-scared-about-australias-research-capacity-this-is-why-257717

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  • MIL-Evening Report: Green light for gas: North West Shelf gas plant cleared to run until 2070

    Source: The Conversation (Au and NZ) – By Samantha Hepburn, Professor, Deakin Law School, Deakin University

    Franklin64/Shutterstock

    In a decision surprising very few people, Australia’s new environment minister Murray Watt has signed off on an extension for the gas plant at Karratha, part of the enormous North West Shelf liquefied natural gas project.

    The decision had been deferred until after the federal election, given significant environmental concerns around the project.

    This approval means the gas plant at Karratha can now keep running until 2070. The Woodside-operated project has helped to shape Australia’s reputation as one of the biggest suppliers of LNG in the world.

    Watt did not have to consider climate impacts, but rather what damage the extension might do to ancient rock art as well as economic and social matters. His approval is “subject to strict conditions”, which largely focus on air emissions from the project. Critics claim the extension will threaten irreplaceable 50,000 year old rock carvings and petroglyphs.

    The decision will enrage environmentalists. If the project continues to operate, it has been estimated to generate four billion tonnes of greenhouse gas emissions over 50 years.

    Australia has committed to reach net zero emissions by 2050. But the majority of the gas extracted from the North West Shelf will be exported, meaning the huge emissions generated from its extraction, liquefaction, transportation and burning will not be counted domestically.

    But while the Karratha plant now has a lifeline, there’s still an open question about where the gas will come from. For decades, the plant has processed gas from the North Rankin, Perseus and Goodwyn gasfields offshore. These are now running out.

    The main purpose of extending the Karratha plant’s lifespan would be to process gas extracted from giant new gasfields lying underneath the pristine Scott Reef. Approval to open these gasfields has not yet been given because of the significant concerns extraction will damage the reefs.

    What is the North West Shelf Project?

    The North West Shelf development has been operational since the 1980s. Gas is extracted from huge basins located off the Pilbara coast and processed at the Karratha plant on the Burrup Peninsula.

    To date, only a third of the 33 trillion cubic feet of gas in this basin has been extracted.

    Woodside Petroleum is the project operator, holding a one-third shareholding along with Chevron and Shell in what is known as the North West Shelf Joint Venture.

    The project is the largest producer of domestic gas in Western Australia, providing almost two-thirds of the state’s consumption. In the 2023-2024 financial year, it produced gas worth about A$70 billion.

    Domestic consumers are paying much more for this gas than their international counterparts. For example, a $25 billion contract entered into with China in 2002 includes a guarantee prices will remain the same until 2031.

    With the rapid escalation of gas prices, this means China is paying a third of the price paid by domestic consumers. Other markets for the gas include Japan and South Korea, which lack domestic gas resources.

    The Karratha plant has been cleared to run until 2070.
    Hans Wismeijer/Shutterstock

    The ‘transition fuel’ worse than coal

    Gas has long been touted as a transition fuel in a decarbonising economy. But this is questionable on several fronts.

    Rather than replacing coal, LNG may actually be displacing renewables.

    Worse, a recent study showed emissions from LNG are 33% higher than coal over a 20 year period when extraction, piping to a processing facility, compression, shipping, decompression and burning for energy are considered. “Ending the use of LNG should be a global priority,” the report concludes.

    Turning methane-heavy natural gas into a liquid to allow it to be shipped overseas is energy intensive. Large leaks of methane from wells and pipes are common during extraction and transport. When the gas is finally burned to generate energy, it produces carbon dioxide.

    In China, coal’s share of electricity production has been eroded by renewables but not by LNG, according to the Institute for Energy Economics and Financial Analysis.

    From a big picture point of view, climate commitments can’t be met if high-emitting infrastructure keeps being commissioned. Alongside stopping the expansion of fossil fuel projects, existing fossil fuel infrastructure must be retired or retrofitted with cleaner technology.

    Eroding ancient rock art

    The project’s processing plant is located on the Burrup Peninsula, also known as Murujaga. But this peninsula also has about 500,000 rock carvings by First Nations groups, the densest concentration in the world. In 2023, former environment minister Tanya Plibersek announced a bid to give this area World Heritage listing.

    In a new draft decision, the United Nations World Heritage Committee flagged concerns over the bid and referred it back to the Australian government to “ensure the total removal of degrading acidic emissions” and “prevent any further industrial development” near the petroglyphs.

    Gas production and ancient rock art are poorly matched. Research suggests processing plant gases such as nitrogen dioxide, sulphur dioxide and ammonia have been gradually eroding the fragile petroglyphs for decades. Successive state and federal governments have failed to act to safeguard this area.

    Gas projects seem untouchable

    Approving the North West Shelf extension is a disaster for the environment, our climate commitments and the fragile and irreplaceable rock art in Murujuga.

    It would seem that despite well-founded concerns on many fronts, big gas projects in Australia are all but untouchable.

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

    ref. Green light for gas: North West Shelf gas plant cleared to run until 2070 – https://theconversation.com/green-light-for-gas-north-west-shelf-gas-plant-cleared-to-run-until-2070-257008

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Russia: Dragon boat races held on Yanqi Lake in Beijing

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    On May 24, 2025, the 3rd Dragon Boat Race for the Science City Cup and the First Dragon Boat Tug-of-War Competition were held in Beijing Huairou Scenic Spot on Yanqi Lake. The event was attended by 16 teams from scientific research institutes (SRIs), new-type R&D organizations, leading scientific and technological enterprises of Huairou Science City, including teams from universities and the district, as well as 8 teams for tug-of-war competitions.

    1 2   3   >  

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  • MIL-OSI Russia: China’s checkpoints expect 12 percent rise in passenger traffic during Dragon Boat Festival

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    BEIJING, May 28 (Xinhua) — During the Duanwu (Dragon Boat Festival) holiday in 2025, the average daily flow of people at China’s checkpoints will reach 2.15 million, up 12.2 percent from the same period last year, the National Immigration Administration of China forecast on Wednesday.

    The peak of checkpoint traffic is expected to occur on June 1.

    Duanwu Festival falls on the fifth day of the fifth month of the lunar calendar. This year, it will be celebrated on May 31, and the days from May 31 to June 2 are declared holidays in the country.

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  • MIL-OSI Russia: New tunnel opens in China-Europe rail freight route’s ‘eastern corridor’

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    BEIJING, May 28 (Xinhua) — A new tunnel was completed in Suifenhe City, northeast China’s Heilongjiang Province, a city on the Sino-Russian border, on Wednesday morning as part of a project to improve the quality and upgrade the Suifenhe-to-border section of the Harbin-Suifenhe Railway, CCTV reported.

    The Harbin-Suifenhe Railway, with a history of 100 years, is Heilongjiang Province’s largest railway transport corridor to Russia, and an important part of the “eastern corridor” of China-Europe rail freight routes. Since the beginning of this year, Suifenhe border crossing officials have handled a total of 3.581 million tons of import and export cargo, up 9 percent from the previous year. It has handled 149 China-Europe freight trains, carrying 6,942 standard containers of cargo.

    In order to increase the capacity of Suifenhe checkpoint, the Harbin branch of China Railways Corporation launched a project to reconstruct the section from Suifenhe to the state border, which includes the construction of a tunnel, three bridges and six roadbeds. In particular, the total length of the Suifenhe tunnel will be 602 m, the distance from its exit to the border in a straight line is less than 400 m. It will be able to meet the needs of trains with different track gauges.

    The project is expected to be completed within a year. Once operational, the speed of trains on this section will increase from 55 km to 120 km, which will further expand the possibilities of cross-border transportation and improve the safety of railway traffic.

    MIL OSI Russia News

  • MIL-OSI: Børsmeddelelse: Forløb af ekstraordinær generalforsamling i Investeringsforeningen PortfolioManager

    Source: GlobeNewswire (MIL-OSI)

    Investeringsforeningen PortfolioManager har i dag den 28. maj 2025 afholdt ekstraordinær generalforsamling i henhold til tidligere offentliggjort dagsorden.

    Alle de af bestyrelsen stillede forslag blev enstemmigt vedtaget af generalforsamlingen, herunder tilpasning af investeringsområde i vedtægterne for afdelingerne Climate Transition Bonds KL, Petersen & Partners Globale Aktier Future World KL samt Petersen & Partners Grønne Obligationer. Ændringerne afventer Finanstilsynets godkendelse.

    Eventuelle henvendelser vedrørende denne meddelelse kan rettes til undertegnede på tlf. 38 42 21 42.

    Med venlig hilsen
    Fundmarket A/S
    Nina Trolle Boldt, adm. direktør

    The MIL Network