Category: CTF

  • MIL-OSI Asia-Pac: LCQ9: Asbestos cement pipes

    Source: Hong Kong Government special administrative region

    LCQ9: Asbestos cement pipes 
    Question:
     
         According to government information, the use of asbestos cement pipes in Hong Kong has been discontinued since January 1986, but such pipes still exist in the existing water supply systems. In this connection, will the Government inform this Council:
     
    (1) of the length of asbestos cement pipes in Hong Kong’s water supply systems at present and the districts in which such pipes are mainly located;
     
    (2) given the potential danger of asbestos to human health, whether the authorities will consider giving priority to replacing the existing asbestos cement pipes; if so, of their plans; if not, the reasons for that; and
     
    (3) as it is learnt that the authorities need to carry out works involving asbestos-containing materials in a safe manner pursuant to the law, whether the authorities engage outsourced contractors to handle works involving asbestos cement pipes; of the costs incurred by the Government in handling works involving asbestos cement pipes in the past three years?
     
    Reply:
     
    President,
     
         When designing the water supply network, the Water Supplies Department (WSD) would use various types of pipe materials according to the needs at the material time. Among them, asbestos cement (AC) pipes has been widely used in Hong Kong and other countries in the past because they could withstand greater internal water pressure and have good heat resistance and chemical corrosion resistance. Asbestos containing materials pose no health risk as long as they remain intact and undisturbed. The WSD later found that pipes made of this materials were relatively more brittle when serving as external wall and were more likely to burst or leak when impacted by external forces (such as arising from nearby road excavation works). Therefore, the WSD has discontinued to use AC pipes in pipe laying and maintenance since January 1986, and progressively replaced them with more durable ductile iron pipes or steel pipes under the relevant water main improvement programmes or during repairing works for water main burst incidents, with a view to reducing the risk of water main bursts or leaks.
     
         The replies to various parts of the Hon Lam’s question are as follows:  

    (1) As of now, there are about 130 kilometres long AC pipes still in service, accounting for about 1.5 per cent of Hong Kong’s 8 500 km long water supply network. They are distributed in different districts in Hong Kong as follows:
     

    District(2) According to the Health Information about Asbestos published by the Centre for Health Protection of the Department of Health, asbestos fibres are generally bound into the base material matrix. Under normal circumstances, only extremely small quantity of asbestos fibres, if any, can be released.
     
         The use of asbestos-containing cement pipes has been more common in earlier decades. The World Health Organization (WHO) reported in 2021 that there was no evidence to support that ingesting asbestos in drinking water poses potential risk to human health. Therefore, the WHO has not established a guideline value for asbestos fibres in drinking water, and considers such standards to be neither appropriate nor necessary.
     
         The WSD is implementing a risk-based asset management programme for water mains by introducing factors such as age of use, materials, past records of bursts or leaks, surrounding environment, consequences of bursts or leaks, for assessing the risk of water main bursts or leaks so as to accord priority to improving specific sections of water mains with higher risk, including replacement or rehabilitation of them, with a view to reducing the risk of water main bursts or leaks for the water supply network overall. As mentioned above, since AC pipes are relatively brittle and more likely to burst or leak when impacted by external forces, the WSD has increased the risk weighting factor for AC pipes in order to speed up the replacement or rehabilitation of these water mains, aiming to reducing the risk of water main bursts and the impact on the community. The above improvement measures are based on considering the risk of pipe bursting rather than health or drinking water safety risks posed by AC pipes.
     
         Those AC pipes currently assessed as higher-risk are mainly located on busy traffic routes. To expedite the replacement of ageing water mains, including AC pipes, the WSD has set up an inter-departmental task force headed by the Director of Water Supplies and composed of representatives from departments including the Development Bureau, the Transport Department, the Highways Department, the Hong Kong Police Force, the Environmental Protection Department, the Home Affairs Department, etc, to discuss and formulate temporary traffic arrangements and implementation programme for the replacement of water mains, so as to formulate plans as early as possible to minimise the impacts of the projects on traffic and the public.

    (3) The handling, removal, transportation and disposal of AC pipes in the water supply network are regulated under relevant ordinances, including the Factories and Industrial Undertakings Ordinance (Cap. 59) and the Air Pollution Control Ordinance (Cap. 311), to safeguard the occupational safety and health of workers engaged in asbestos-related works. The WSD mandates through works contract provisions that contractors must fully comply with all asbestos-related legislation and codes of practice, ensuring the AC pipes are safely handled, removed, transported, and disposed of in accordance with statutory requirements. All contractors and their workers must comply with the requirements of the relevant ordinances and the safety and health codes of practice and practical guidelines issued by the Labour Department when carrying out the works related to asbestos. This includes requiring the contractors to adopt control measures and provide personal protective equipment at the workplace, and employing competent persons to supervise the effective implementation of these measures.
     
         During the implementation of the above works, the WSD will monitor the contractor’s construction procedures to ensure that the relevant ordinances and codes in carrying out AC pipe works are followed.
     
         Over the past three years, the project cost of the WSD in handling AC pipes (including the costs of handling, removal, transportation and disposal, etc) was about $31.7 million per year on average.
    Issued at HKT 17:48

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI: Subsea7 awarded contract offshore West Africa

    Source: GlobeNewswire (MIL-OSI)

    Luxembourg – 21 May 2025 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a sizeable1 subsea contract in West Africa.

    Subsea7 will be responsible for transporting and installing flexible pipelines, umbilicals, and associated subsea components for the connection of a floating production, storage and offloading (FPSO) vessel as well as the pre-laying activities for an upcoming drilling campaign.

    Project management and engineering work will begin immediately at Subsea7’s offices in Sutton, UK and Suresnes, France, and offshore activity is expected to start in 2026.

    Jerome Perrin, Vice President Africa, Middle East, and Türkiye for Subsea7, said: “Our close and agile collaboration with our clients allows us to make possible cost-effective and reliable offshore solutions for their needs. We are pleased to be able to support this client in executing such a strategically important project in West Africa. ”

    No further details are disclosed at this time.

    1. Subsea7 defines a sizeable contract as being between $50 million and $150 million

    *******************************************************************************
    Subsea7 is a global leader in the delivery of offshore projects and services for the evolving energy industry, creating sustainable value by being the industry’s partner and employer of choice in delivering the efficient offshore solutions the world needs.

    Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI 222100AIF0CBCY80AH62.

    *******************************************************************************

    Contact for investment community enquiries:
    Katherine Tonks
    Investor Relations Director
    Tel +44 20 8210 5568
    ir@subsea7.com

    Contact for media enquiries:
    Alan Gorham
    Group Communications Manager
    Tel +44 1224 265750
    communications@subsea7.com
    www.subsea7.com

    Forward-Looking Statements: This document may contain ‘forward-looking statements’ (within the meaning of the safe harbour provisions of the U.S. Private Securities Litigation Reform Act of 1995). These statements relate to our current expectations, beliefs, intentions, assumptions or strategies regarding the future and are subject to known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements may be identified by the use of words such as ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’, ‘future’, ‘goal’, ‘intend’, ‘likely’ ‘may’, ‘plan’, ‘project’, ‘seek’, ‘should’, ‘strategy’ ‘will’, and similar expressions. The principal risks which could affect future operations of the Group are described in the ‘Risk Management’ section of the Group’s Annual Report and Consolidated Financial Statements. Factors that may cause actual and future results and trends to differ materially from our forward-looking statements include (but are not limited to): (i) our ability to deliver fixed price projects in accordance with client expectations and within the parameters of our bids, and to avoid cost overruns; (ii) our ability to collect receivables, negotiate variation orders and collect the related revenue; (iii) our ability to recover costs on significant projects; (iv) capital expenditure by oil and gas companies, which is affected by fluctuations in the price of, and demand for, crude oil and natural gas; (v) unanticipated delays or cancellation of projects included in our backlog; (vi) competition and price fluctuations in the markets and businesses in which we operate; (vii) the loss of, or deterioration in our relationship with, any significant clients; (viii) the outcome of legal proceedings or governmental inquiries; (ix) uncertainties inherent in operating internationally, including economic, political and social instability, boycotts or embargoes, labour unrest, changes in foreign governmental regulations, corruption and currency fluctuations; (x) the effects of a pandemic or epidemic or a natural disaster; (xi) liability to third parties for the failure of our joint venture partners to fulfil their obligations; (xii) changes in, or our failure to comply with, applicable laws and regulations (including regulatory measures addressing climate change); (xiii) operating hazards, including spills, environmental damage, personal or property damage and business interruptions caused by adverse weather; (xiv) equipment or mechanical failures, which could increase costs, impair revenue and result in penalties for failure to meet project completion requirements; (xv) the timely delivery of vessels on order and the timely completion of ship conversion programmes; (xvi) our ability to keep pace with technological changes and the impact of potential information technology, cyber security or data security breaches; (xvii) global availability at scale and commercially viability of suitable alternative vessel fuels; and (xviii) the effectiveness of our disclosure controls and procedures and internal control over financial reporting. Many of these factors are beyond our ability to control or predict. Given these uncertainties, you should not place undue reliance on the forward-looking statements. Each forward-looking statement speaks only as of the date of this document. We undertake no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    This stock exchange release was published by Katherine Tonks, Investor Relations, Subsea7, on 21 May 2025 at 11:15 CET.

    Attachment

    The MIL Network

  • MIL-OSI: MOBIA Technology Innovations announces strategic partnership with DataBahn.ai to bring smart data management and cybersecurity to more Canadian organizations

    Source: GlobeNewswire (MIL-OSI)

    DARTMOUTH, Nova Scotia, May 21, 2025 (GLOBE NEWSWIRE) — MOBIA Technology Innovations, a leading Canadian expert in business transformation and innovative enterprise technology solutions, announced today a strategic partnership with Databahn.ai, a data fabric company providing smart data management for IT and cybersecurity teams. Collaborating with Databahn.ai will allow MOBIA to support its clients in streamlining cybersecurity and improving IT decision making with AI powered data management.

    MOBIA is at the forefront of enterprise technology innovation in Canada, supporting customers to execute complex business transformations that enable them to thrive and lead in changing markets. Cultivating strong relationships with cutting-edge technology and solutions providers, like DataBahn, MOBIA expertly integrates their offerings to create robust custom solutions to address clients’ unique business challenges.

    DataBahn’s unique data fabric will enable MOBIA to support its customers in automating security data collection and engineering, significantly reducing the costs and manual effort associated with these tasks by up to 50% and 80% respectively.

    “Our customers are navigating an increasingly complex cybersecurity landscape where data overload, manual processes, and limited visibility can slow down response and increase risk. Through our partnership with DataBahn, we can help customers tackle these challenges head-on,” said Mike Reeves, President at MOBIA. “By automating the collection and transformation of security data, we’re enabling our customers to uncover insights faster, respond to threats more efficiently, and ultimately drive down the cost and complexity of managing cybersecurity. This partnership is about delivering smarter, scalable solutions that empower Canadian organizations to stay secure and move with confidence.”

    Working closely to integrate smart data fabric solutions for Canadian customers, MOBIA and DataBahn will be able to offer:

    • Enhanced data management: By simplifying the way large-scaled cybersecurity data is handled, DataBahn’s platform will help organizations efficiently manage and process security data to give them better insight into system performance and threats.
    • Improved security observability: The platform separates data ingestion from traditional security tools, offering a more flexible way to manage security data and making it easier to track security data across systems.
    • Streamlined integration: Integrating seamlessly into existing security infrastructure, the DataBahn platform enhances data visibility and orchestration.
    • Automation and AI-driven insights: Leveraging AI to automate data processing and transformation, DataBahn enables organizations to make quicker, data-driven decisions in real time. This reduces the manual effort needed for data analysis and speeds responses to security incidents​.

    DataBahn looks forward to expanding further into the Canadian market through this partnership, offering more organizations a better way to handle their security data. “We’re excited to partner with an organization that shares our commitment to innovation and delivering value,” said Dina Kamal, Field CTO and Canada General Manager at DataBahn.ai. “We see data as the lifeblood of any organization, and by harnessing its power, we believe we can unlock incredible possibilities for success.”

    Echoing Kamal’s sentiments about the importance of data, Mike Reeves, President at MOBIA added, “Cybersecurity is a growing focus for many of our clients and managing the volume of security data produced today can be a challenge for many. With DataBahn, we’re able to help our clients integrate data from various sources and lean on artificial intelligence and automation to extract actionable insights and detect threats early on.”

    To learn more about DataBahn’s AI-powered platform and find out how MOBIA can help you implement it to get the most out of your cybersecurity data, contact MOBIA at mobia.io/contact

    ABOUT MOBIA
    MOBIA is a leading expert in business transformation and innovative enterprise technology systems. With hundreds of customers across North America, MOBIA partners with organizations of all sizes, across all verticals to transform the way they work. Focused on people, processes, technology, and culture, MOBIA helps businesses reach their full potential. MOBIA is proud to be recognized as one of Canada’s Best Managed Companies and Canada’s Top Growing Companies. To learn more, visit Mobia.io

    To learn more about MOBIA contact Nicole Murphy at laura.hambly@mobia.io.

    Follow MOBIA on LinkedIn

    ABOUT DATABAHN
    DataBahn.ai is on a mission to revolutionize data management and empower organizations with unparalleled insights and AI-ready data. It strives to provide cutting-edge solutions that seamlessly orchestrate, secure, and optimize data, fostering innovation, and unlocking the true potential of businesses in the digital era. DataBahn’s commitment to excellence is woven into the fabric of every service, driving data-driven success for its clients across industries.

    Follow DataBahn on LinkedIn

    The MIL Network

  • MIL-OSI United Kingdom: First detection of West Nile virus in UK mosquitoes

    Source: United Kingdom – Government Statements

    News story

    First detection of West Nile virus in UK mosquitoes

    UKHSA says there is no evidence to suggest ongoing circulation of the virus in birds or mosquitos in the UK and the risk to the general public is very low

    A research programme by the  UK Health Security Agency (UKHSA) and the Animal and Plant Health Agency (APHA)  has identified fragments of West Nile Virus (WNV) genetic material in mosquitoes collected in Britain for the first time.

    West Nile Virus is a vector borne disease belonging to the Flaviviridae family, which also includes the viruses that cause dengue and yellow fever. It is usually found in birds, and typically circulates through bird-biting mosquitoes. In rare cases mosquitoes can transmit the virus to humans or horses.

    The fragments were detected through the Vector-Borne RADAR (Real-time Arbovirus Detection And Response) programme by APHA, using polymerase chain reaction (PCR) testing, in 2 samples of Aedes vexans mosquitoes collected by UKHSA from wetlands on the River Idle near Gamston (Retford), Nottinghamshire, during July 2023. The mosquitoes were pooled into groups of 10 for testing, and fragments of West Nile Virus genetic material were identified in 2 of the pools. The other 198 were negative. This is the first evidence of West Nile Virus detected in a mosquito in the UK. A further 198 pools from the same site tested negative for the virus.

    West Nile virus (WNV) is endemic in various regions across the globe, including  Europe, Africa, the Middle East, West and Central Asia, and North America, as well as South America, USA and Australia. The geographic range of West Nile Virus has expanded in recent years to more northerly and western regions of mainland Europe.

    The UKHSA has assessed the risk to the general public as very low, but is issuing advice to healthcare professionals so that patients with encephalitis of unknown cause can be tested as a precaution through UKHSA’s Rare and Imported Pathogens Laboratory.  

    There have been no cases of locally acquired West Nile Virus detected in humans or horses in the UK to date, although 7  travel-associated cases have occurred since 2000. Based on available surveillance, there is no evidence to suggest ongoing circulation of the virus in birds or mosquitos in the UK. Disease surveillance and control activities are being enhanced in light of the findings. Currently, the main risk of West Nile Virus for UK residents continues to be travel to endemic areas overseas. 

    Dr Meera Chand, UKHSA Deputy Director for travel health, zoonoses, emerging infections, respiratory and tuberculosis, said:

    While this is the first detection of West Nile Virus in mosquitoes in the UK so far, it is not unexpected as the virus is already widespread in Europe.

    The risk to the general public is currently assessed as very low. Vector research of this kind is designed to give us early warning of potential threats so that we can enhance our disease surveillance and control activities and ensure patients receive appropriate testing.

    Dr Arran Folly, Arbovirologist at APHA and lead of the Vector-Borne RADAR project concluded:

    The detection of West Nile virus in the UK is part of a wider changing landscape, where, in the wake of climate change mosquito-borne diseases are expanding to new areas. Only through continued surveillance can we assess the risk to animal and public health.  

    Our primary focus is to understand how viruses move into the country and how they are transmitted. Combined this can help us identify areas that may be at increased risk of outbreaks.

    The Vector-Borne RADAR project brings together a wealth of expertise across government and wildlife charities, to enhance the surveillance we undertake in the United Kingdom for mosquito-borne diseases.

    Aedes vexans are native to the UK and although they can be found widely at very low densities, in a few locations in England they can occur at high densities associated with summer flooded river landscapes. While uncommon, they are known to cause nuisance biting in a small number of areas in the country, including in villages along the River Idle near Retford, Nottinghamshire, where summer flooding and poor drainage is experienced. Recent efforts have taken place to manage the mosquito populations and to minimise suitable habitats for the main nuisance biting mosquito.

    As temperatures warm due to climate change, tick and mosquito species not currently native to the UK will begin to find the UK’s climate more bearable making it easier for them to survive, reproduce and establish a local population. Other species of mosquito, some of which have the potential to transmit infectious disease, can arrive in the UK in several ways, such as by becoming trapped in cars and lorries crossing the border into the UK. They may also be transported through trade channels in containers which are shipped internationally. UKHSA’s wider vector surveillance programmes involve monitoring transport hubs such as motorway service stations and truck stops, as well as other high-risk sites, to ensure that these invasive insects can be detected and eradicated before they disseminate more widely.

    Dr Jolyon Medlock, Head of Medical Entomology and Zoonoses Ecology at UKHSA, added:

    Our surveillance, which led to this discovery, monitors for mosquitoes across Britain to understand the distribution, density and activity across the country. We also monitor mosquito nuisance biting, so anyone experiencing this can contact our mosquito surveillance scheme and provide an image or sample.

    Mosquitoes breed in a range of natural wetlands, but can also be common in gardens, breeding in container habitats like water butts and buckets. Reducing opportunities for some mosquito species to access these containers with lids, or turning them over, can reduce mosquitoes numbers around our homes.

    Mosquitoes in the UK are also commonly found in wet woodland areas and various aquatic habitats, including ponds, ditches, marshes, and even garden water butts or cisterns. To avoid being bitten by a mosquito when in these types of areas, wear long-sleeved clothing and trousers to cover your arms and legs, use insect repellent on your skin (ideally one that contains the ingredient DEET),  close windows and doors whenever possible, or use blinds or screens.

    The Vector-Borne RADAR (Real-time Arbovirus Detection And Response) programme, funded by the UK Research and Innovation and the Department for Environment, Food and Rural Affairs, was created to help understand the emergence and transmission of zoonotic mosquito-borne viruses in the United Kingdom, and is also supported by ZSL’s Institute of Zoology and the British Trust for Ornithology. Part of its research has involved testing mosquito samples, both newly collected and archived from use in previous research, for the presence of West Nile Virus genetic material. A total of 32,000 mosquitoes have been tested through the scheme, with the latest samples tested submitted in 2024. Other types of mosquitoes tested include Culex modestus and Culex pipiens as the principal bridge and enzootic vectors.

    Updates to this page

    Published 21 May 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Cash boost for coastal towns hosting clean energy infrastructure

    Source: United Kingdom – Government Statements

    Press release

    Cash boost for coastal towns hosting clean energy infrastructure

    Communities to receive funding for hosting clean energy infrastructure as part of plans to make Britain a clean energy superpower.

    • Britain’s coastal and rural regions to receive a cash boost for hosting the infrastructure needed to make Britain a clean energy superpower
    • communities hosting offshore wind and solar projects in line to receive money from energy developers, to be spent directly on local priorities and services such as community centres, sports facilities, and employment programmes
    • cash boost to regional and local economic growth as part of the Plan for Change

    Britain’s coastal and rural communities will receive a cash boost for new community facilities, better transport links and investment in apprenticeships, under government plans as part of the Plan for Change mission to make Britain a clean energy superpower. 

    The proposals will require community benefits for families, businesses   and local community groups who live near offshore wind, onshore wind and solar farms.

    They would enshrine in law a requirement for renewable developers to pay into community benefit funds, ensuring infrastructure projects contribute to residents’ lives, the local economy and growth as part of the government’s Plan for Change.

    This could include new grassroots football pitches in Welsh seaside towns, initiatives to get young people into employment on the Yorkshire coast to train the next generation of engineers, and funding for transport links and schools in the Scottish highlands.

    Coastal and rural areas will play a significant role in hosting the clean energy projects needed to get energy bills down for good and deliver energy security with homegrown power that Britain controls.

    In recognition, the funding will channel community investment into where it has real impact – with families in the area deciding where the money should be spent. The plans also set out how communities could own a stake in renewable energy infrastructure through shared ownership, resulting in profits being reinvested back into the community and the British people having a stake in the clean energy transition.

    The level of payments to communities will range depending on the size of infrastructure projects, from tens of thousands of pounds a year for small developments and up to millions of pounds per year for largescale developments.

    Energy Secretary Ed Miliband said:

    If you live near an offshore wind or solar farm, your local community should benefit from supporting this nationally critical mission.

    The Prime Minister’s mission to become a clean energy superpower is creating good well-paid jobs in these areas, building the infrastructure we need to get energy bills down for working people.

    Our Plan for Change will revitalise Britain’s coastal and rural communities creating community wealth, better facilities and energy security for the country.

    This will benefit every household in the country by getting the UK off fossil fuel dependency and protecting billpayers from price shocks with clean homegrown power.

    The announcement will build on measures introduced in the Planning and Infrastructure Bill where households within 500 metres of new or upgraded electricity transmission infrastructure will get electricity bill discounts of up to £2,500 over 10 years.

    The proposals seek input on which types of energy infrastructure should be required to pay into community benefit funds, which may include renewable and low-carbon electricity  generation, and energy storage.

    Community benefits are an established part of development for energy infrastructure in many countries, including Ireland, France, Germany, Italy and Spain.

    James Robottom, Head of Policy at RenewableUK, said:

    Renewable energy developers have a long history of providing a wide range of benefits for local communities, such as community benefit funds which support local initiatives, electricity discounts, employment initiatives and environmental projects.

    We welcome the government’s consultation and will engage with it to ensure that the benefits received by local communities hosting energy infrastructure are proportionate and continue to meet their needs. Renewable energy developers are good neighbours and remain committed to providing benefits at an appropriate level to enable local communities to thrive all over the country.

    This builds on Monday’s announcement to support coastal communities with the £360 million Fishing and Coastal Growth Fund, the new SPS (sanitary and phytosanitary) agreement that will slash red tape for UK seafood exporters and businesses, and a new twelve-year fisheries access agreement with the EU securing long-term certainty for British fishing fleets.

    The Fishing and Coastal Growth Fund will see investment in new technology and equipment to modernise Britain’s fishing fleet, deliver new training and skills to back the next generation of fishers and promote the seafood sector to export our high-quality produce across the world.

    Notes to Editors

    Read more about the working paper. We are inviting views from industry and stakeholders on the proposals until Wednesday 16 July.

    Updates to this page

    Published 21 May 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: Financial news: For the first time, a management company has received direct access to the Moscow Exchange’s SFI market

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

    Ingosstrakh Investments Management Company was the first among management companies to gain direct access to the standardized derivative financial instruments (SDFI) market of the Moscow Exchange and successfully concluded a deal with interest rate swaps.

    The interest rate swaps market provides management companies with modern instruments for hedging interest rate risks and optimizing investment strategies, which is especially important in the context of high volatility of financial markets. The use of interest rate swaps allows for more flexible work with long-term obligations and increases the efficiency of investment portfolio management.

    Roman Loktionov, Director of OTC Derivatives at Moscow Exchange:

    “The entry of management companies into the SPFI market confirms the growing interest of the financial industry in market risk management instruments and contributes to the development of a risk management culture in the Russian market. I am confident that the successful experience of Ingosstrakh Investments Management Company will become an example for other participants, and SPFI market instruments will take an important place in their arsenal.”

    Roman Semenikhin, CEO of Ingosstrakh Investments Management Company:

    “Opening direct access to the SFI market is a significant stage in the development of both our company and the Russian market as a whole. Interest rate swaps open up new opportunities for minimizing risks and increasing asset returns.

    We plan to actively use this tool in management strategies, providing maximum reliability and transparency of operations for our clients.”

    Earlier, in the summer of 2024, non-state pension funds (NPF) and insurance companies received access to the SPF market.

    Interest rate swaps, currency swaps, currency-interest rate swaps, currency forwards with a maturity of three days to 10 years depending on the type of instrument are traded on the Moscow Exchange’s DFS market. Transactions on the DFS market are concluded with a central counterparty. This eliminates the need for market participants to assess the risks of each counterparty and sign general agreements with all of them, reduces capital costs and takes advantage of unified clearing and collateral with other Moscow Exchange markets.

    Contact information for media 7 (495) 363-3232Pr@moex.kom

    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: //VVV. MOEX.K.MO/N90393

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: 05/21/2025, 11:30 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A0ZYLU6 (DOM.RF1P1R) were changed.

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

    05/21/2025 11:30

    In accordance with the Methodology for determining the risk parameters of the stock market and the deposit market of PJSC Moscow Exchange by NCO NCC (JSC), on 21.05.2025, 11-30 (Moscow time), the values of the upper limit of the price corridor (up to 104.66) and the range of market risk assessment (up to 1116.13 rubles, equivalent to a rate of 7.5%) of the security RU000A0ZYLU6 (DOM.RF1P1R) were changed.

    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: //VVV. MOEX.K.M.M.

    MIL OSI Russia News

  • MIL-OSI Russia: Yuri Trutnev congratulated Far Easterners and Northerners on Polar Explorer Day

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Deputy Prime Minister and Presidential Plenipotentiary Representative in the Far Eastern Federal District Yuri Trutnev congratulated residents of the Far Eastern Federal District and the Arctic zone of Russia, as well as those who study the Arctic, on Polar Explorer Day.

    The congratulations read, in particular:

    “For over 500 years, our country has been the world’s leading Arctic power. Russian explorers and pioneers – from Dmitry Gerasimov and Semyon Chelyuskin to Ivan Papanin and Artur Chilingarov – ensured the exploration and development of the Arctic.

    We have built the largest polar cities and the most powerful nuclear icebreakers in the world, established navigation along the Northern Sea Route, and learned to extract minerals necessary for the global economy in the extreme conditions of the Far North.

    Today, this work continues. Complex mining projects are being implemented in the Arctic zone of the Russian Federation, high-tech enterprises and liquefied natural gas plants are being built, modern scientific stations and floating nuclear power plants are being created.

    All this became possible thanks to you, your daily responsible and hard work, love for Russia and your chosen profession.

    On this festive day, I would like to thank you once again for this and wish you good health, endless enthusiasm, energy and new victories for the benefit of our country!”

    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 Russia: Financial news: 05/21/2025, 10:22 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A10AQC0 (IADOM 1P51) were changed.

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

    05/21/2025 10:22

    In accordance with the Methodology for determining the risk parameters of the stock market and the deposit market of PJSC Moscow Exchange by NCO NCC (JSC), on 21.05.2025, 10-22 (Moscow time), the values of the upper limit of the price corridor (up to 83.65) and the range of market risk assessment (up to 891.32 rubles, equivalent to a rate of 31.25%) of the security RU000A10AQC0 (IADOM 1P51) were changed

    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: //VVV. MOEX.K.MO/N90389

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: Winnie Ho tours eco-districts in Paris

    Source: Hong Kong Information Services

    Secretary for Housing Winnie Ho visited the headquarters of a local social housing association, L’Union sociale pour l’habitat (USH), and eco-neighbourhoods during her visit to Paris, France, yesterday.

     

    In the morning, Ms Ho met USH’s Director of Economic & Financial Studies Christophe Bellégo to learn about the organisation’s work, including conducting research and analysis on local housing issues, and contributing to their government’s policy formulation.

     

    During the meeting, Ms Ho highlighted the work of the Housing Bureau and the Hong Kong Housing Authority.

     

    She explained that housing is the greatest concern among all key issues of the current-term Hong Kong Special Administrative Region Government, and that the bureau strives to formulate suitable housing policies and deliberate on different measures to address housing issues to cater for the housing needs of different social strata.

     

    The policy initiatives include building Light Public Housing and transitional housing expeditiously to improve the living conditions of people living in inadequate housing at the soonest.

     

    She added that the Hong Kong Housing Authority, established over 50 years ago, has long been providing affordable rental housing to low-income families with housing needs. It continuously enhances the housing ladder to help low- to middle-income families gain access to subsidised home ownership, encouraging them to move up the housing ladder and thus enhance people’s sense of contentment and happiness.

     

    Ms Ho presented to the participants of the meeting the “Well-being design” guide launched last year, which serves as a reference for the future design of new public housing estates and the improvement works of existing estates to create a more comfortable and vibrant living environment for its residents.

     

    She pointed out that apart from housing construction, to continuously enhance the management efficiency and service quality of its nearly 200 public housing estates, the Housing Department has been actively promoting smart estate management and bringing in new technologies to help optimise estate management and building maintenance services.

     

    Guided by the USH, Ms Ho visited two eco-neighbourhoods in Paris, Clichy-Batignolles and Ecoquartier Nanterre Université.

     

    The housing chief made it clear that the Hong Kong Housing Authority also attaches importance to promoting low carbon and energy-saving buildings, green spaces and connectivity with the nearby community when planning and developing new public housing projects.

     

    In the afternoon, Ms Ho called on Chinese Ambassador to France Deng Li to share Hong Kong’s latest housing policies and initiatives, which includes promoting the development of housing construction technologies by leveraging the power of the Greater Bay Area.

     

    Additionally, Hong Kong’s strengths as a super connector and a highly international city were also discussed during her conversation with the ambassador.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: President Lai and President Surangel S. Whipps, Jr. of Palau hold bilateral talks and witness signing of cooperation agreements  

    Source: Republic of China Taiwan

    Details
    2025-05-20
    President Lai interviewed by Nippon Television and Yomiuri TV
    In a recent interview on Nippon Television’s news zero program, President Lai Ching-te responded to questions from host Mr. Sakurai Sho and Yomiuri TV Shanghai Bureau Chief Watanabe Masayo on topics including reflections on his first year in office, cross-strait relations, China’s military threats, Taiwan-United States relations, and Taiwan-Japan relations. The interview was broadcast on the evening of May 19. During the interview, President Lai stated that China intends to change the world’s rules-based international order, and that if Taiwan were invaded, global supply chains would be disrupted. Therefore, he said, Taiwan will strengthen its national defense, prevent war by preparing for war, and achieve the goal of peace. The president also noted that Taiwan’s purpose for developing drones is based on national security and industrial needs, and that Taiwan hopes to collaborate with Japan. He then reiterated that China’s threats are an international problem, and expressed hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war. Following is the text of the questions and the president’s responses: Q: How do you feel as you are about to round out your first year in office? President Lai: When I was young, I was determined to practice medicine and save lives. When I left medicine to go into politics, I was determined to transform Taiwan. And when I was sworn in as president on May 20 last year, I was determined to strengthen the nation. Time flies, and it has already been a year. Although the process has been very challenging, I am deeply honored to be a part of it. I am also profoundly grateful to our citizens for allowing me the opportunity to give back to our country. The future will certainly be full of more challenges, but I will do everything I can to unite the people and continue strengthening the nation. That is how I am feeling now. Q: We are now coming up on the 80th anniversary of the end of World War II, and over this period, we have often heard that conflict between Taiwan and the mainland is imminent. Do you personally believe that a cross-strait conflict could happen? President Lai: The international community is very much aware that China intends to replace the US and change the world’s rules-based international order, and annexing Taiwan is just the first step. So, as China’s military power grows stronger, some members of the international community are naturally on edge about whether a cross-strait conflict will break out. The international community must certainly do everything in its power to avoid a conflict in the Taiwan Strait; there is too great a cost. Besides causing direct disasters to both Taiwan and China, the impact on the global economy would be even greater, with estimated losses of US$10 trillion from war alone – that is roughly 10 percent of the global GDP. Additionally, 20 percent of global shipping passes through the Taiwan Strait and surrounding waters, so if a conflict breaks out in the strait, other countries including Japan and Korea would suffer a grave impact. For Japan and Korea, a quarter of external transit passes through the Taiwan Strait and surrounding waters, and a third of the various energy resources and minerals shipped back from other countries pass through said areas. If Taiwan were invaded, global supply chains would be disrupted, and therefore conflict in the Taiwan Strait must be avoided. Such a conflict is indeed avoidable. I am very thankful to Prime Minister of Japan Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as US President Donald Trump and former President Joe Biden, and the other G7 leaders, for continuing to emphasize at international venues that peace and stability across the Taiwan Strait are essential components for global security and prosperity. When everyone in the global democratic community works together, stacking up enough strength to make China’s objectives unattainable or to make the cost of invading Taiwan too high for it to bear, a conflict in the strait can naturally be avoided. Q: As you said, President Lai, maintaining peace and stability across the Taiwan Strait is also very important for other countries. How can war be avoided? What sort of countermeasures is Taiwan prepared to take to prevent war? President Lai: As Mr. Sakurai mentioned earlier, we are coming up on the 80th anniversary of the end of WWII. There are many lessons we can take from that war. First is that peace is priceless, and war has no winners. From the tragedies of WWII, there are lessons that humanity should learn. We must pursue peace, and not start wars blindly, as that would be a major disaster for humanity. In other words, we must be determined to safeguard peace. The second lesson is that we cannot be complacent toward authoritarian powers. If you give them an inch, they will take a mile. They will keep growing, and eventually, not only will peace be unattainable, but war will be inevitable. The third lesson is why WWII ended: It ended because different groups joined together in solidarity. Taiwan, Japan, and the Indo-Pacific region are all directly subjected to China’s threats, so we hope to be able to join together in cooperation. This is why we proposed the Four Pillars of Peace action plan. First, we will strengthen our national defense. Second, we will strengthen economic resilience. Third is standing shoulder to shoulder with the democratic community to demonstrate the strength of deterrence. Fourth is that as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China, and seek peace and mutual prosperity. These four pillars can help us avoid war and achieve peace. That is to say, Taiwan hopes to achieve peace through strength, prevent war by preparing for war, keeping war from happening and pursuing the goal of peace. Q: Regarding drones, everyone knows that recently, Taiwan has been actively researching, developing, and introducing drones. Why do you need to actively research, develop, and introduce new drones at this time? President Lai: This is for two purposes. The first is to meet national security needs. The second is to meet industrial development needs. Because Taiwan, Japan, and the Philippines are all part of the first island chain, and we are all democratic nations, we cannot be like an authoritarian country like China, which has an unlimited national defense budget. In this kind of situation, island nations such as Taiwan, Japan, and the Philippines should leverage their own technologies to develop national defense methods that are asymmetric and utilize unmanned vehicles. In particular, from the Russo-Ukrainian War, we see that Ukraine has successfully utilized unmanned vehicles to protect itself and prevent Russia from unlimited invasion. In other words, the Russo-Ukrainian War has already proven the importance of drones. Therefore, the first purpose of developing drones is based on national security needs. Second, the world has already entered the era of smart technology. Whether generative, agentic, or physical, AI will continue to develop. In the future, cars and ships will also evolve into unmanned vehicles and unmanned boats, and there will be unmanned factories. Drones will even be able to assist with postal deliveries, or services like Uber, Uber Eats, and foodpanda, or agricultural irrigation and pesticide spraying. Therefore, in the future era of comprehensive smart technology, developing unmanned vehicles is a necessity. Taiwan, based on industrial needs, is actively planning the development of drones and unmanned vehicles. I would like to take this opportunity to express Taiwan’s hope to collaborate with Japan in the unmanned vehicle industry. Just as we do in the semiconductor industry, where Japan has raw materials, equipment, and technology, and Taiwan has wafer manufacturing, our two countries can cooperate. Japan is a technological power, and Taiwan also has significant technological strengths. If Taiwan and Japan work together, we will not only be able to safeguard peace and stability in the Taiwan Strait and security in the Indo-Pacific region, but it will also be very helpful for the industrial development of both countries. Q: The drones you just described probably include examples from the Russo-Ukrainian War. Taiwan and China are separated by the Taiwan Strait. Do our drones need to have cross-sea flight capabilities? President Lai: Taiwan does not intend to counterattack the mainland, and does not intend to invade any country. Taiwan’s drones are meant to protect our own nation and territory. Q: Former President Biden previously stated that US forces would assist Taiwan’s defense in the event of an attack. President Trump, however, has yet to clearly state that the US would help defend Taiwan. Do you think that in such an event, the US would help defend Taiwan? Or is Taiwan now trying to persuade the US? President Lai: Former President Biden and President Trump have answered questions from reporters. Although their responses were different, strong cooperation with Taiwan under the Biden administration has continued under the Trump administration; there has been no change. During President Trump’s first term, cooperation with Taiwan was broader and deeper compared to former President Barack Obama’s terms. After former President Biden took office, cooperation with Taiwan increased compared to President Trump’s first term. Now, during President Trump’s second term, cooperation with Taiwan is even greater than under former President Biden. Taiwan-US cooperation continues to grow stronger, and has not changed just because President Trump and former President Biden gave different responses to reporters. Furthermore, the Trump administration publicly stated that in the future, the US will shift its strategic focus from Europe to the Indo-Pacific. The US secretary of defense even publicly stated that the primary mission of the US is to prevent China from invading Taiwan, maintain stability in the Indo-Pacific, and thus maintain world peace. There is a saying in Taiwan that goes, “Help comes most to those who help themselves.” Before asking friends and allies for assistance in facing threats from China, Taiwan must first be determined and prepared to defend itself. This is Taiwan’s principle, and we are working in this direction, making all the necessary preparations to safeguard the nation. Q: I would like to ask you a question about Taiwan-Japan relations. After the Great East Japan Earthquake in 2011, you made an appeal to give Japan a great deal of assistance and care. In particular, you visited Sendai to offer condolences. Later, you also expressed condolences and concern after the earthquakes in Aomori and Kumamoto. What are your expectations for future Taiwan-Japan exchanges and development? President Lai: I come from Tainan, and my constituency is in Tainan. Tainan has very deep ties with Japan, and of course, Taiwan also has deep ties with Japan. However, among Taiwan’s 22 counties and cities, Tainan has the deepest relationship with Japan. I sincerely hope that both of you and your teams will have an opportunity to visit Tainan. I will introduce Tainan’s scenery, including architecture from the era of Japanese rule, Tainan’s cuisine, and unique aspects of Tainan society, and you can also see lifestyles and culture from the Showa era.  The Wushantou Reservoir in Tainan was completed by engineer Mr. Hatta Yoichi from Kanazawa, Japan and the team he led to Tainan after he graduated from then-Tokyo Imperial University. It has nearly a century of history and is still in use today. This reservoir, along with the 16,000-km-long Chianan Canal, transformed the 150,000-hectare Chianan Plain into Taiwan’s premier rice-growing area. It was that foundation in agriculture that enabled Taiwan to develop industry and the technology sector of today. The reservoir continues to supply water to Tainan Science Park. It is used by residents of Tainan, the agricultural sector, and industry, and even the technology sector in Xinshi Industrial Park, as well as Taiwan Semiconductor Manufacturing Company. Because of this, the people of Tainan are deeply grateful for Mr. Hatta and very friendly toward the people of Japan. A major earthquake, the largest in 50 years, struck Tainan on February 6, 2016, resulting in significant casualties. As mayor of Tainan at the time, I was extremely grateful to then-Prime Minister Abe, who sent five Japanese officials to the disaster site in Tainan the day after the earthquake. They were very thoughtful and asked what kind of assistance we needed from the Japanese government. They offered to provide help based on what we needed. I was deeply moved, as former Prime Minister Abe showed such care, going beyond the formality of just sending supplies that we may or may not have actually needed. Instead, the officials asked what we needed and then provided assistance based on those needs, which really moved me. Similarly, when the Great East Japan Earthquake of 2011 or the later Kumamoto earthquakes struck, the people of Tainan, under my leadership, naturally and dutifully expressed their support. Even earlier, when central Taiwan was hit by a major earthquake in 1999, Japan was the first country to deploy a rescue team to the disaster area. On February 6, 2018, after a major earthquake in Hualien, former Prime Minister Abe appeared in a video holding up a message of encouragement he had written in calligraphy saying “Remain strong, Taiwan.” All of Taiwan was deeply moved. Over the years, Taiwan and Japan have supported each other when earthquakes struck, and have forged bonds that are family-like, not just neighborly. This is truly valuable. In the future, I hope Taiwan and Japan can be like brothers, and that the peoples of Taiwan and Japan can treat one another like family. If Taiwan has a problem, then Japan has a problem; if Japan has a problem, then Taiwan has a problem. By caring for and helping each other, we can face various challenges and difficulties, and pursue a brighter future. Q: President Lai, you just used the phrase “If Taiwan has a problem, then Japan has a problem.” In the event that China attempts to invade Taiwan by force, what kind of response measures would you hope the US military and Japan’s Self-Defense Forces take? President Lai: As I just mentioned, annexing Taiwan is only China’s first step. Its ultimate objective is to change the rules-based international order. That being the case, China’s threats are an international problem. So, I would very much hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war – prevention, after all, is more important than cure.

    Details
    2025-05-13
    President Lai interviewed by Japan’s Nikkei  
    In a recent interview with Japan’s Nikkei, President Lai Ching-te responded to questions regarding Taiwan-Japan and Taiwan-United States relations, cross-strait relations, the semiconductor industry, and the international economic and trade landscape. The interview was published by Nikkei on May 13. President Lai indicated that Nikkei, Inc. is a global news organization that has received significant recognition both domestically and internationally, and that he is deeply honored to be interviewed by Nikkei and grateful for their invitation. The president said that he would like to take this rare opportunity to thank Japan’s government, National Diet, society, and public for their longstanding support for Taiwan. Noting that current Prime Minister Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio have all strongly supported Taiwan, he said that the peoples of Taiwan and Japan also have a deep mutual affection, and that through the interview, he hopes to enhance the bilateral relationship between Taiwan and Japan, deepen the affection between our peoples, and foster more future cooperation to promote prosperity and development in both countries. In response to questions raised on the free trade system and the recent tariff war, President Lai indicated that over the past few decades, the free economy headed by the Western world and led by the US has brought economic prosperity and political stability to Taiwan and Japan. At the same time, he said, we have also learned or followed many Western values. The president said he believes that Taiwan and Japan are exemplary students, but some countries are not. Therefore, he said, the biggest crisis right now is China, which exploits the free trade system to engage in plagiarism and counterfeiting, infringe on intellectual property rights, and even provide massive government subsidies that facilitate the dumping of low-priced goods worldwide, which has a major impact on many countries including Japan and Taiwan. If this kind of unfair trade is not resolved, he said, the stable societies and economic prosperity we have painstakingly built over decades, as well as some of the values we pursue, could be destroyed. Therefore, President Lai said he thinks it is worthwhile for us to observe the recent willingness of the US to address unfair trade, and if necessary, offer assistance. President Lai emphasized that the national strategic plan for Taiwanese industries is for them to be rooted in Taiwan while expanding their global presence and marketing worldwide. Therefore, he said, while the 32 percent tariff increase imposed by the US on Taiwan is indeed a major challenge, we are willing to address it seriously and find opportunities within that challenge, making Taiwan’s strategic plan for industry even more comprehensive. When asked about Taiwan’s trade arrangements, President Lai indicated that in 2010 China accounted for 83.8 percent of Taiwan’s outbound investment, but last year it accounted for only 7.5 percent. In 2020, he went on, 43.9 percent of Taiwan’s exports went to China, but that figure dropped to 31.7 percent in 2024. The president said that we have systematically transferred investments from Taiwanese enterprises to Japan, Southeast Asia, Europe, and the US. Therefore, he said, last year Taiwan’s largest outbound investment was in the US, accounting for roughly 40 percent of the total. Nevertheless, only 23.4 percent of Taiwanese products were sold to the US, with 76.6 percent sold to places other than the US, he said.  The president emphasized that we don’t want to put all our eggs in one basket, and hope to establish a global presence. Under these circumstances, he said, Taiwan is very eager to cooperate with Japan. President Lai stated that at this moment, the Indo-Pacific and international community really need Japan’s leadership, especially to make the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) excel in its functions, and also requested Japan to support Taiwan’s CPTPP accession. The president said that Taiwan hopes to sign an Economic Partnership Agreement (EPA) with Japan to build closer ties in economic trade and promote further investment, and that we also hope to strengthen relations with the European Union, and even other regions. Currently, he said, we are proposing an initiative on global semiconductor supply chain partnerships for democracies, because the semiconductor industry is an ecosystem. The president raised the example that Japan has materials, equipment, and technology; the US has IC design and marketing; Taiwan has production and manufacturing; and the Netherlands excels in equipment, saying we therefore hope to leverage Taiwan’s advantages in production and manufacturing to connect the democratic community and establish a global non-red supply chain for semiconductors, ensuring further world prosperity and development in the future, and ensuring that free trade can continue to function without being affected by dumping, which would undermine future prosperity and development. The president stated that as we want industries to expand their global presence and market internationally while staying rooted here in Taiwan, having industries rooted in Taiwan involves promoting pay raises for employees, tax cuts, and deregulation, as well as promoting enterprise investment tax credits. He said that we have also proposed Three Major Programs for Investing in Taiwan for Taiwanese enterprises and are actively resolving issues regarding access to water, electricity, land, human resources, and professional talent so that the business community can return to Taiwan to invest, or enterprises in Taiwan can increase their investments. He went on to say that we are also actively signing bilateral investment agreements with friends and allies so that when our companies invest and expand their presence abroad, their rights and interests as investors are ensured.  President Lai mentioned that Taiwan hopes to sign an EPA with Japan, similar to the Taiwan-US Initiative on 21st-Century Trade and the Economic Prosperity Partnership Dialogue, or the Enhanced Trade Partnership arrangement with the United Kingdom, or similar agreements or memorandums of understanding with Canada and Australia that allow Taiwanese products to be marketed worldwide, concluding that those are our overall arrangements. Looking at the history of Taiwan’s industrial development, President Lai indicated, of course it began in Taiwan, and then moved west to China and south to Southeast Asia. He said that we hope to take this opportunity to strengthen cooperation with Japan to the north, across the Pacific Ocean to the east, and develop the North American market, making Taiwan’s industries even stronger. In other words, he said, while Taiwan sees the current reciprocal tariffs imposed by the US as a kind of challenge, it also views these changes positively. On the topic of pressure from China affecting Taiwan’s participation in international frameworks such as the CPTPP or its signing of an EPA with Japan, President Lai responded that the key point is what kind of attitude we should adopt in viewing China’s acts of oppression. If we act based on our belief in free trade, he said, or on the universal values we pursue – democracy, freedom, and respect for human rights – and also on the understanding that a bilateral trade agreement between Taiwan and Japan would contribute to the economic prosperity and development of both countries, or that Taiwan’s accession to the CPTPP would benefit progress and prosperity in the Indo-Pacific region, then he hopes that friends and allies will strongly support us. On the Trump administration’s intentions regarding the reciprocal tariff policy and the possibility of taxing semiconductors, as well as how Taiwan plans to respond, President Lai said that since President Trump took office, he has paid close attention to interviews with both him and his staff. The president said that several of President Trump’s main intentions are: First, he wants to address the US fiscal situation. For example, President Lai said, while the US GDP is about US$29 trillion annually, its national debt stands at US$36 trillion, which is roughly 124 percent of GDP. Second, he went on, annual government spending exceeds US$6.5 trillion, but revenues are only around US$4.5 trillion, resulting in a nearly US$2 trillion deficit each year, about 7 percent of GDP. Third, he said, the US pays nearly US$1.2 trillion in interest annually, which exceeds the US$1 trillion defense budget and accounts for more than 3 percent of GDP. Fourth, President Trump still wants to implement tax cuts, aiming to reduce taxes for 85 percent of Americans, he said, noting that this would cost between US$500 billion and US$1 trillion. These points, President Lai said, illustrate his first goal: solving the fiscal problem. President Lai went on to say that second, the US feels the threat of China and believes that reindustrialization is essential; without reindustrialization, the US risks a growing gap in industrial capacity compared to China. Third, he said, in this era of global smart technology, President Trump wants to lead the nation to become a world center of AI. Fourth, he aims to ensure world peace and prevent future wars, President Lai said. In regard to what the US seeks to achieve, he said he believes these four areas form the core of the Trump administration’s intentions, and that is why President Trump has raised tariffs, demanded that trading partners purchase more American goods, and encouraged friendly and allied nations to invest in the US, all in order to achieve these goals. President Lai indicated that the 32 percent reciprocal tariff poses a critical challenge for Taiwan, and we must treat it seriously. He said that our approach is not confrontation, but negotiation to reduce tariffs, and that we have also agreed to measures such as procurement, investment, resolving non-tariff trade barriers, and addressing origin washing in order to effectively reduce the trade deficit between Taiwan and the US. Of course, he said, through this negotiation process, we also hope to turn challenges into opportunities. The president said that first, we aim to start negotiations from the proposal of zero tariffs and seek to establish a bilateral trade agreement with the US. Second, he went on, we hope to support US reindustrialization and its aim to become a world AI hub through investment, while simultaneously upgrading and transforming Taiwan’s industries, which would help further integrate Taiwan’s industries into the US economic structure, ensuring Taiwan’s long-term development.  President Lai emphasized again that Taiwan’s national industrial strategy is for industries to stay firmly rooted in Taiwan while expanding their global presence and marketing worldwide. He repeated that we have gone from moving westward across the Taiwan Strait, to shifting southbound, to working closer northward with Japan, and now the time is ripe for us to expand eastward by investing in North America. In other words, he said, while we take this challenge seriously to protect national interests and ensure that no industry is sacrificed, we also hope these negotiations will lead to deeper Taiwan-US trade relations through Taiwanese investment in the US, concluding that these are our expectations. The president stated that naturally, the reciprocal tariffs imposed by the US will have an impact on Taiwanese industries, so in response, the Taiwanese government has already proposed support measures for affected industries totaling NT$93 billion. In addition, he said, we have outlined broader needs for Taiwan’s long-term development, which will be covered by a special budget proposal of NT$410 billion, noting that this has already been approved by the Executive Yuan and will be submitted to the Legislative Yuan for review. He said that this special budget proposal addresses four main areas: supporting industries, stabilizing employment, protecting people’s livelihoods, and enhancing resilience. As for tariffs on semiconductors, President Lai said, Taiwan Semiconductor Manufacturing Company (TSMC) has committed to investing in the US at the request of its customers. He said he believes that TSMC’s industry chain will follow suit, and that these are concrete actions that are unrelated to tariffs. However, he said, if the US were to invoke Section 232 and impose tariffs on semiconductors or related industries, it would discourage Taiwanese semiconductor and ICT investments in the US, and that we will make this position clear to the US going forward. President Lai indicated that among Taiwan’s exports to the US, there are two main categories: ICT products and electronic components, which together account for 65.4 percent. These are essential to the US, he said, unlike final goods such as cups, tables, or mattresses. He went on to say that what Taiwan sells to the US are the technological products required by AI designers like NVIDIA, AMD, Amazon, Google, and Apple, and that therefore, we will make sure the US understands clearly that we are not exporting end products, but the high-tech components necessary for the US to reindustrialize and become a global AI center. Furthermore, the president said, Taiwan is also willing to increase its defense budget and military procurement. He stated that Taiwan is committed to defending itself and is strongly willing to cooperate with friends and allies to ensure regional peace and stability, and that this is also something President Trump hopes to see. Asked whether TSMC’s fabs overseas could weaken Taiwan’s strategic position as a key hub for semiconductor manufacturing, and whether that could then give other countries fewer incentives to protect Taiwan, President Lai responded by saying that political leaders around the world including Japan’s Prime Minister Ishiba and former Prime Ministers Abe, Suga, and Kishida have emphasized, at the G7 and other major international fora, that peace and stability in the Taiwan Strait are essential for global security and prosperity. In other words, he explained, the international community cares about Taiwan and supports peace and stability in the Taiwan Strait because Taiwan is located in the first island chain in the Indo-Pacific, directly facing China. He pointed out that if Taiwan is not protected, China’s expansionist ambitions will certainly grow, which would impact the current rules-based international order. Thus, he said, the international community willingly cares about Taiwan and supports stability in the Taiwan Strait – that is the reason, and it has no direct connection with TSMC. He noted that after all, TSMC has not made investments in that many countries, stressing that, on that point, it is clear. President Lai said that TSMC’s investments in Japan, Europe, and the US are all natural, normal economic and investment activities. He said that Taiwan is a democratic country whose society is based on the rule of law, so when Taiwanese companies need to invest around the world for business needs, the government will support those investments in principle so long as they do not harm national interests. President Lai said that after TSMC Chairman C.C. Wei (魏哲家) held a press conference with President Trump to announce the investment in the US, Chairman Wei returned to Taiwan to hold a press conference with him at the Presidential Office, where the chairman explained to the Taiwanese public that TSMC’s R&D center will remain in Taiwan and that the facilities it has already committed to investing in here will not change and will not be affected. So, the president explained, to put it another way, TSMC will not be weakened by its investment in the US. He further emphasized that Taiwan has strengths in semiconductor manufacturing and is very willing to work alongside other democratic countries to promote the next stage of global prosperity and development. A question was raised about which side should be chosen between the US and China, under the current perception of a return to the Cold War, with East and West facing off as two opposing blocs. President Lai responded by saying that some experts and scholars describe the current situation as entering a new Cold War era between democratic and authoritarian camps; others assert that the war has already begun, including information warfare, economic and trade wars, and the ongoing wars in Europe – the Russo-Ukrainian War – and the Middle East, and the Israel-Hamas conflict. The president said that these are all matters experts have cautioned about, noting that he is not a historian and so will not attempt to define today’s political situation from an academic standpoint. However, he said, he believes that every country has a choice, which is to say, Taiwan, Japan, or any other nation does not necessarily have to choose between the US and China. What we are deciding, he said, is whether our country will maintain a democratic constitutional system or regress into an authoritarian regime, and this is essentially a choice of values – not merely a choice between two major powers. President Lai said that Taiwan’s situation is different from other countries because we face a direct threat from China. He pointed out that we have experienced military conflicts such as the August 23 Artillery Battle and the Battle of Guningtou – actual wars between the Republic of China and the People’s Republic of China. He said that China’s ambition to annex Taiwan has never wavered, and that today, China’s political and military intimidation, as well as internal united front infiltration, are growing increasingly intense. Therefore, he underlined, to defend democracy and sovereignty, protect our free and democratic system, and ensure the safety of our people’s lives and property, Taiwan’s choice is clear. President Lai said that China’s military exercises are not limited to the Taiwan Strait, and include the East China Sea, South China Sea, and even the Sea of Japan, as well as areas around Korea and Australia. Emphasizing that Taiwan, Japan, Australia, and the Philippines are all democratic nations, the president said that Taiwan’s choice is clear, and that he believes Japan also has no other choice. We are all democratic countries, he said, whose people have long pursued the universal values of democracy, freedom, and respect for human rights, and that is what is most important. Regarding the intensifying tensions between the US and China, the president was asked what roles Taiwan and Japan can play. President Lai responded that in his view, Japan is a powerful nation, and he sincerely hopes that Japan can take a leading role amid these changes in the international landscape. He said he believes that countries in the Indo-Pacific region are also willing to respond. He suggested several areas where we can work together: first, democracy and peace; second, innovation and prosperity; and third, justice and sustainability. President Lai stated that in the face of authoritarian threats, we should let peace be our beacon and democracy our compass as we respond to the challenges posed by authoritarian states. Second, he added, as the world enters an era characterized by the comprehensive adoption of smart technologies, Japan and Taiwan should collaborate in the field of innovation to further drive regional prosperity and development. Third, he continued, is justice and sustainability. He explained that because international society still has many issues that need to be resolved, Taiwan and Japan can cooperate for the public good, helping countries in need around the world, and cooperating to address climate change and achieve net-zero transition by 2050. Asked whether he hopes that the US will continue to be a leader in the liberal democratic system, President Lai responded by saying that although the US severed diplomatic ties with the Republic of China, for the past few decades it has assisted Taiwan in various areas such as national defense, security, and countering threats from China, based on the Taiwan Relations Act and the Six Assurances. He pointed out that Taiwan has also benefited, directly and indirectly, in terms of politics, democracy, and economic prosperity thanks to the US, and so Taiwan naturally hopes that the US remains strong and continues to lead the world. President Lai said that when the US encounters difficulties, whether financial difficulties, reindustrialization issues, or becoming a global center for AI, and hopes to receive support from its friends and allies to jointly safeguard regional peace and stability, Taiwan is willing to stand together for a common cause. If the US remains strong, he said, that helps Taiwan, the Indo-Pacific region, and the world as a whole. Noting that while the vital role of the US on the global stage has not changed, the president said that after decades of shouldering global responsibilities, it has encountered some issues. Now, it has to make adjustments, he said, stating his firm belief that it will do so swiftly, and quickly resume its leadership role in the world. Asked to comment on remarks he made during his election campaign that he would like to invite China’s President Xi Jinping for bubble tea, President Lai responded that Taiwan is a peace-loving country, and Taiwanese society is inherently kind, and therefore we hope to get along peacefully with China, living in peace and mutual prosperity. So, during his term as vice president, he said, he was expressing the goodwill of Taiwanese society. Noting that while he of course understands that China’s President Xi would have certain difficulties in accepting this, he emphasized that the goodwill of Taiwanese society has always existed. If China reflects on the past two or three decades, he said, it will see that its economy was able to develop with Taiwan as its largest foreign investor. The president explained that every year, 1 to 2 million Taiwanese were starting businesses or investing in China, creating numerous job opportunities and stabilizing Chinese society. While many Taiwanese businesses have profited, he said, Chinese society has benefited even more. He added that every time a natural disaster occurs, if China is in need, Taiwanese always offer donations. Therefore, the president said, he hopes that China can face the reality of the Republic of China’s existence and understand that the people of Taiwan hope to continue living free and democratic lives with respect for human rights. He also expressed hope that China can pay attention to the goodwill of Taiwanese society. He underlined that we have not abandoned the notion that as long as there is parity, dignity, exchange, and cooperation, the goodwill of choosing dialogue over confrontation and exchange over containment will always exist. Asked for his view on the national security reforms in response to China’s espionage activities and infiltration attempts, President Lai said that China’s united front infiltration activities in Taiwan are indeed very serious. He said that China’s ambitions to annex Taiwan rely not only on the use of political and military intimidation, but also on its long-term united front and infiltration activities in Taiwanese society. Recently, he pointed out, the Taiwan High Prosecutors Office of the Ministry of Justice prosecuted 64 spies, which is three times the number in 2021, and in addition to active-duty military personnel, many retired military personnel were also indicted. Moreover, he added, Taiwan also has the Chinese Unification Promotion Party, which has a background in organized crime, Rehabilitation Alliance Party, which was established by retired military personnel, and Republic of China Taiwan Military Government, which is also composed of retired generals. He explained that these are all China’s front organizations, and they plan one day to engage in collaboration within Taiwan, which shows the seriousness of China’s infiltration in Taiwan. Therefore, the president said, in the recent past he convened a high-level national security meeting and proposed 17 response strategies across five areas. He then enumerated the five areas: first, to address China’s threat to Taiwan’s sovereignty; second, to respond to the threat of China’s obscuring the Taiwanese people’s sense of national identity; third, to respond to the threat of China’s infiltrating and recruiting members of the ROC Armed Forces as spies; fourth, to respond to the threat of China’s infiltration of Taiwanese society through societal exchanges and united front work; and fifth, to respond to the threat of China using “integration plans” to draw Taiwan’s young people and Taiwanese businesses into its united front activities. In response to these five major threats, he said, he has proposed 17 response strategies, one of which being to restore the military trial system. He explained that if active-duty military personnel commit military crimes, they must be subject to military trials, and said that this expresses the Taiwanese government’s determination to respond to China’s united front infiltration and the subversion of Taiwan. Responding to the question of which actions Taiwan can take to guard against China’s threats to regional security, President Lai said that many people are worried that the increasingly tense situation may lead to accidental conflict and the outbreak of war. He stated his own view that Taiwan is committed to facing China’s various threats with caution. Taiwan is never the source of these problems, he emphasized, and if there is an accidental conflict and it turns into a full-scale war, it will certainly be a deliberate act by China using an accidental conflict as a pretext. He said that when China expanded its military presence in the East China Sea and South China Sea, the international community did not stop it; when China conducted exercises in the Taiwan Strait, the international community did not take strong measures to prevent this from happening. Now, he continued, China is conducting gray-zone exercises, which are aggressions against not only the Taiwan Strait, the South China Sea, and the East China Sea, but also extending to the Sea of Japan and waters near South Korea. He said that at this moment, Taiwan, the Philippines, Japan, and even the US should face these developments candidly and seriously, and we must exhibit unity and cooperation to prevent China’s gray-zone aggression from continuing to expand and prevent China from shifting from a military exercise to combat. If no action is taken now, the president said, the situation may become increasingly serious. Asked about the view of some US analysts who point out that China will have the ability to invade Taiwan around 2027, President Lai responded that Taiwan, as the country on the receiving end of threats and aggression, must plan for the worst and make the best preparations. He recalled a famous saying from the armed forces: “Do not count on the enemy not showing up; count on being ready should it strike.” This is why, he said, he proposed the Four Pillars of Peace action plan. First, he said, we must strengthen our national defense. Second, he added, we must strengthen economic resilience, adding that not only must our economy remain strong, but it must also be resilient, and that we cannot put all our eggs in the same basket, in China, as we have done in the past. Third, he continued, we must stand shoulder to shoulder with friends and allies such as Japan and the US, as well as the democratic community, and we must demonstrate the strength of deterrence to prevent China from making the wrong judgment. Fourth, he emphasized, as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China and seek cross-strait peace and mutual prosperity through exchanges and cooperation. Regarding intensifying US-China confrontation, the president was asked in which areas he thinks Taiwan and Japan should strengthen cooperation; with Japan’s Ishiba administration also being a minority government, the president was asked for his expectations for the Ishiba administration. President Lai said that in the face of rapid and tremendous changes in the political situation, every government faces considerable challenges, especially for minority governments, but the Japanese government led by Prime Minister Ishiba has quite adequately responded with various strategies. Furthermore, he said, Japan is different from Taiwan, explaining that although Japan’s ruling party lacks a majority, political parties in Japan engage in competition domestically while exhibiting unity externally. He said that Taiwan’s situation is more challenging, because the ruling and opposition parties hold different views on the direction of the country, due to differences in national identity. The president expressed his hope that in the future Taiwan and Japan will enjoy even more comprehensive cooperation. He stated that he has always believed that deep historical bonds connect Taiwan and Japan. Over the past several decades, he said, when encountering natural disasters and tragedies, our two nations have assisted each other with mutual care and support. He said that the affection between the people of Taiwan and Japan is like that of a family. Pointing out that both countries face the threat of authoritarianism, he said that we share a mission to safeguard universal values such as democracy, freedom, and respect for human rights. The president said that our two countries should be more open to cooperation in various areas to maintain regional peace and stability as well as to strengthen cooperation in economic and industrial development, such as for semiconductor industry chains and everyday applications of AI, including robots and drones, adding that we can also cooperate on climate change response, such as in hydrogen energy and other strategies. He said our two countries should also continue to strengthen people-to-people exchanges. He then took the opportunity to once again invite our good friends from Japan to visit Taiwan for tourism and learn more about Taiwan, saying that the Taiwanese people wholeheartedly welcome our Japanese friends.  

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    2025-05-09
    President Lai extends congratulations on election of His Holiness Pope Leo XIV  
    Following the successful election of the 267th pope of the Roman Catholic Church, His Holiness Pope Leo XIV, on May 8, President Lai Ching-te extended sincere congratulations on behalf of the people and government of Taiwan, including its Catholic community. The president stated that he looks forward to working with Pope Leo XIV to continue deepening cooperation in the area of humanitarian aid and jointly defend the universal value of religious freedom, expanding and strengthening the alliance between Taiwan and the Vatican. Upon learning of the election results, President Lai directed the Republic of China (Taiwan) Embassy to the Holy See to convey a message of congratulations. In the message, President Lai extended sincere congratulations to Pope Leo XIV on behalf of the people and government of Taiwan, including its Catholic community, expressing confidence that His Holiness will lead the Catholic Church and its 1.4 billion followers worldwide with profound wisdom. President Lai also emphasized that Taiwan looks forward to continuing to work alongside the Holy See in the shared pursuit of peace, justice, religious freedom, solidarity, friendship, and human dignity. This year marks the 83rd anniversary of the establishment of diplomatic ties between Taiwan and the Vatican. Enjoying a strong alliance, Taiwan and the Vatican share such universal values as freedom of religion, respect for human rights, peace, and benevolence, and conduct close exchanges. Taiwan will continue to engage in exchanges and cooperation with the Holy See, further strengthen bilateral relations, and work alongside the Holy See to contribute even more to the world.  

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    2025-05-05
    President Lai meets Japanese Diet Member and former Minister of Economy, Trade, and Industry Nishimura Yasutoshi
    On the afternoon of May 5, President Lai Ching-te met with a delegation from Japan led by House of Representatives Member and former Minister of Economy, Trade, and Industry Nishimura Yasutoshi. President Lai thanked the government of Japan for continuously speaking up for Taiwan at international venues and reiterating the importance of peace and stability in the Taiwan Strait. The president stated that to address China’s gray-zone aggression against neighboring countries, Taiwan and Japan, both located in the first island chain, should strengthen cooperation and respond together. He said he looks forward to bilateral industrial cooperation in fields including semiconductors, hydrogen energy, AI, and drones, jointly strengthening the resilience of non-red supply chains, and promoting mutual prosperity and development.    A translation of President Lai’s remarks follows: I would like to welcome all the members of the Japanese Diet who are using their valuable Golden Week vacation to visit Taiwan, especially House of Representatives Member Nishimura Yasutoshi, whom former Prime Minister Shinzo Abe deeply trusted and relied on, and who for many years held important cabinet positions. This is his first visit after a hiatus of 17 years, so I am sure he will sense Taiwan’s progress and development. House of Representatives Member Tanaka Kazunori has long promoted local exchanges between Taiwan and Japan, and I hope that our visitors will all gain a deeper understanding of Taiwan through this visit.  Yesterday, several of our distinguished guests made a special trip to Kaohsiung to pay their respects at the statue of former Prime Minister Abe, a visionary politician with a broad, international perspective. The former prime minister pioneered the vision of a free and open Indo-Pacific, and once said that “if Taiwan has a problem, then Japan has a problem,” demonstrating strong support for Taiwan and making a deep and lasting impression on the hearts of Taiwanese. Over the past few years, China has continuously conducted military exercises in the Taiwan Strait, East and South China Seas, and carried out acts of gray-zone aggression against neighboring countries, severely undermining regional peace and stability. Taiwan and Japan, both located in the first island chain, should strengthen cooperation and respond together. Especially since Taiwan and Japan are democratic partners who share values such as freedom, democracy, and respect for human rights, if we can strengthen cooperation in areas such as maritime security, social resilience, and addressing gray-zone aggression, I am confident we can demonstrate the strength of deterrence, ensure peace and stability in the Indo-Pacific region, and safeguard our cherished democratic institutions. I would like to take this opportunity to thank the Japanese government for continuously speaking up for Taiwan at international venues, including this year’s US-Japan leaders’ summit, the G7 foreign ministers’ joint statement, and the Japan-NATO bilateral meeting, reiterating the importance of peace and stability in the Taiwan Strait and expressing opposition to unilaterally changing the status quo by force or coercion. In the face of global economic and trade changes, economic security is becoming increasingly important, and Taiwan looks forward to further deepening economic cooperation with Japan. In addition to actively seeking to participate in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Taiwan hopes to sign an economic partnership agreement (EPA) with Japan as soon as possible. This will expand our cooperation in industries such as semiconductors, hydrogen energy, AI, and drones, establish a closer economic partnership, jointly strengthen the resilience of non-red supply chains, and promote mutual prosperity and development. Once again, I welcome all of our guests. I am deeply grateful for your taking concrete action to deepen Taiwan-Japan relations and show support for Taiwan. I wish you a successful and rewarding visit.  Representative Nishimura then delivered remarks, first thanking President Lai for taking time out of his busy schedule to meet with the visiting delegation. He also expressed admiration for the performance of President Lai’s government, which has allowed Taiwan to develop smoothly amidst the current complex international situation. Representative Nishimura mentioned that when former Prime Minister Abe unfortunately passed away in 2020, President Lai, who was vice president at the time, personally visited the former prime minister’s residence to offer his condolences. The representative said that including that meeting, today is the second time he and President Lai have met. This delegation’s visit to Taiwan, he said, carries on the legacy of former Prime Minister Abe. He said that Taiwan and Japan are countries that share universal values and have close ties in terms of economic cooperation and mutual visits. Notably, he highlighted, in 2024, business travelers from Taiwan made over six million visits to Japan, and based on population, Taiwan has the highest percentage of visitors to Japan. He also expressed hope that more Japanese people will visit Taiwan for tourism.   Representative Nishimura stated that the delegation visited Kaohsiung yesterday to pay their respects at the statue of former Prime Minister Abe. Then, he said, they traveled to Tainan to sample a wide variety of fruits and local delicacies, during which time they also discussed the Wushantou Reservoir, built by Japanese engineer Hatta Yoichi. Since May 8 is the anniversary of Mr. Hatta’s birth, Representative Nishimura said he hopes to use this opportunity to continue Mr. Hatta’s concern and love for Taiwan, and further deepen the friendship between Taiwan and Japan. Representative Nishimura said that when he served as Japan’s Minister of Economy, Trade, and Industry, he welcomed Taiwan’s application to join the CPTPP on behalf of the Japanese government. He also said that his government has also provided substantial assistance for the establishment of Taiwan Semiconductor Manufacturing Company’s (TSMC) fab in Kumamoto, Japan. He said he believes that mutual cooperation between Taiwan and Japan in the semiconductor sector can further promote semiconductor industry development, and build a more resilient supply chain system. Representative Nishimura pointed out that former Prime Minister Abe once said, “If Taiwan has a problem, then Japan has a problem.” Currently, many European countries are also very concerned about peace and stability in the Asia-Pacific region, because it is crucial to peace and stability in the entire international community. It can therefore be said that “if Taiwan has a problem, the world has a problem.” He said he believes that in order to maintain peace and stability in the Taiwan Strait, like-minded countries and allied nations must all cooperate closely and definitively proclaim that message. He then said he looks forward to exchanging views with President Lai on issues such as strengthening Taiwan-Japan relations and changes in the international situation. The delegation also included Chairman of Kanagawa Prefecture Japan-Taiwan Friendship Association Matsumoto Jun, Japanese House of Representatives members Nishime Kosaburo, Sasaki Hajime, Yana Kazuo, and Katou Ryusho, and Japan-Taiwan Exchange Association Taipei Office Chief Representative Katayama Kazuyuki. 

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    2025-05-02
    President Lai meets Atlantic Council delegation
    On the afternoon of May 2, President Lai Ching-te met with a delegation from the Atlantic Council, a think tank based in Washington, DC. In remarks, President Lai said that we have already proposed a roadmap for deepening Taiwan-US trade ties to achieve a common objective of reducing all bilateral tariffs. At the same time, the president said, we will expand investments across the United States and create win-win outcomes for both sides through the trade and economic strategy of “Taiwan plus the US.” The president also emphasized that Taiwan is not only a bastion of freedom and democracy, but also an indispensable hub for global supply chains. He expressed hope that, given shared economic and security interests, Taiwan and the US will generate even greater synergy and prove to be each other’s strongest support. A translation of President Lai’s remarks follows: I welcome you all to Taiwan. In particular, Vice President Matthew Kroenig visited Taiwan last June and now is making another trip less than a year later. He also contributed an important article supporting Taiwan to a major international publication, highlighting the concern that our international friends have for Taiwan. We are truly moved and thankful. On behalf of the people of Taiwan, I sincerely thank all sectors of the US for their longstanding and steadfast support for Taiwan. Especially, as we face the challenges arising from the regional situation, we hope to continue deepening the Taiwan-US partnership. Holding a key position on the first island chain, Taiwan faces military threats and gray-zone aggression from China. We will continue to show our unwavering determination to defend ourselves. I want to emphasize that Taiwan is accelerating efforts to enhance its overall defense capabilities. The government will also prioritize special budget allocations to increase Taiwan’s defense spending from 2.5 percent of GDP to more than 3 percent. This reflects the efforts we are putting into safeguarding our nation and demonstrates our determination to safeguard regional peace and stability. During President Donald Trump’s first term, Taiwan purchased 66 new F-16V fighter jets. The first of these rolled off the assembly line in South Carolina at the end of this March. This is crucial for Taiwan’s strategy of achieving peace through strength. In the future, we will continue to procure defense equipment from the US that helps ensure peace and stability across the Taiwan Strait. We also look forward to bilateral security collaboration evolving beyond arms sales to a partnership that encompasses joint research and development and joint manufacturing, further strengthening our cooperation and exchanges. Taiwan firmly believes in fair, free, and mutually beneficial trade ties. Indeed, we have already proposed a roadmap for deepening Taiwan-US trade ties. This includes our common objective of reducing all bilateral tariffs as well as narrowing the trade imbalance through the procurement of energy and agricultural and other industrial products from the US. At the same time, we will expand investments across the US. We will promote our “Taiwan plus one” policy, that is, the new trade and economic strategy of “Taiwan plus the US,” to build non-red supply chains and create win-win outcomes for both sides. As the US is moving to reindustrialize its manufacturing industry and may hope to become a global manufacturing center for AI, Taiwan is willing to join in the efforts. Taiwan is not only a bastion of freedom and democracy, but also an indispensable hub for global supply chains. We have every confidence that, given shared Taiwan-US economic and security interests, we can generate even greater synergy and prove to be each other’s strongest support. In closing, I thank Vice President Kroenig once again for leading this delegation, demonstrating support for Taiwan. I look forward to exchanging opinions with you all in just a few moments. I wish you a smooth and successful trip. Vice President Kroenig then delivered remarks, first thanking President Lai for hosting them. He said that it is an honor to be here and to lead a delegation from the Atlanta Council, which consists of a mix of former senior US government officials with responsibility for Taiwan and also rising stars visiting Taiwan for the first time. Vice President Kroenig said that they are here at a critical moment, as there is an ongoing war in Europe, multiple conflicts in the Middle East, and increased Chinese aggression in the Indo-Pacific. Moreover, he pointed out, the regimes of China, Russia, Iran, and North Korea are increasingly working together in a new axis of aggressors. Vice President Kroenig indicated that the challenge facing the US and its allies and partners, including Taiwan, is how to deter these autocracies and maintain global peace, prosperity, and freedom, especially in Taiwan, whose security and stability matter, not only for Taiwan, but also for the US and the world. Vice President Kroenig assured President Lai and the people of Taiwan that the US is a reliable partner for Taiwan. The vice president stated that the administration under President Trump is prioritizing the deterrence of China, and that President Trump has announced an intention to have the largest US defense budget in history, more than US$1 trillion, to resource this priority. Pointing out that an America-first president will not help a country that is not helping itself, Vice President Kroenig said that their delegation has been impressed with the steps President Lai and the administration are taking to strengthen Taiwan’s security, including increasing defense spending, developing a societal resilience strategy, and using cutting edge technologies like unmanned systems to promote indigenous defense production. Vice President Kroenig said that more than money and equipment are necessary to secure a democracy against a powerful and ruthless neighbor, adding that history shows that the human factor is the most important. In the end, he said, it will be the will of the people of Taiwan to resist coercion and to defend their home which will be the most important factor determining the future fate of Taiwan and for the ability of the people of Taiwan to chart their own destiny. Vice President Kroenig emphasized that Americans are willing to support Taiwan in this endeavor, but it will be the people of Taiwan and strong and capable leaders like President Lai at the forefront of this struggle, with the firm support of America. Vice President Kroenig said that as the US and Taiwan work together on these challenges, the Atlantic Council looks forward to offering support behind the scenes. Founded in 1961 to support the Transatlantic Alliance, he said, the Atlantic Council is a global think tank, and part of its DNA is working closely with friends and allies in the Indo-Pacific, including Taiwan. He said they look forward to continuing their close and longstanding cooperation with Taiwan through visiting delegations, research and reports, and public and private events. In closing, Vice President Kroenig thanked President Lai again for hosting them and for the work he is doing to secure the free world. The delegation also included former Deputy Assistant Secretary of Defense for East Asia Heino Klinck and former Director for Taiwan Affairs at the White House National Security Council Marvin Park.

    Details
    2025-05-20
    President Lai interviewed by Nippon Television and Yomiuri TV
    In a recent interview on Nippon Television’s news zero program, President Lai Ching-te responded to questions from host Mr. Sakurai Sho and Yomiuri TV Shanghai Bureau Chief Watanabe Masayo on topics including reflections on his first year in office, cross-strait relations, China’s military threats, Taiwan-United States relations, and Taiwan-Japan relations. The interview was broadcast on the evening of May 19. During the interview, President Lai stated that China intends to change the world’s rules-based international order, and that if Taiwan were invaded, global supply chains would be disrupted. Therefore, he said, Taiwan will strengthen its national defense, prevent war by preparing for war, and achieve the goal of peace. The president also noted that Taiwan’s purpose for developing drones is based on national security and industrial needs, and that Taiwan hopes to collaborate with Japan. He then reiterated that China’s threats are an international problem, and expressed hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war. Following is the text of the questions and the president’s responses: Q: How do you feel as you are about to round out your first year in office? President Lai: When I was young, I was determined to practice medicine and save lives. When I left medicine to go into politics, I was determined to transform Taiwan. And when I was sworn in as president on May 20 last year, I was determined to strengthen the nation. Time flies, and it has already been a year. Although the process has been very challenging, I am deeply honored to be a part of it. I am also profoundly grateful to our citizens for allowing me the opportunity to give back to our country. The future will certainly be full of more challenges, but I will do everything I can to unite the people and continue strengthening the nation. That is how I am feeling now. Q: We are now coming up on the 80th anniversary of the end of World War II, and over this period, we have often heard that conflict between Taiwan and the mainland is imminent. Do you personally believe that a cross-strait conflict could happen? President Lai: The international community is very much aware that China intends to replace the US and change the world’s rules-based international order, and annexing Taiwan is just the first step. So, as China’s military power grows stronger, some members of the international community are naturally on edge about whether a cross-strait conflict will break out. The international community must certainly do everything in its power to avoid a conflict in the Taiwan Strait; there is too great a cost. Besides causing direct disasters to both Taiwan and China, the impact on the global economy would be even greater, with estimated losses of US$10 trillion from war alone – that is roughly 10 percent of the global GDP. Additionally, 20 percent of global shipping passes through the Taiwan Strait and surrounding waters, so if a conflict breaks out in the strait, other countries including Japan and Korea would suffer a grave impact. For Japan and Korea, a quarter of external transit passes through the Taiwan Strait and surrounding waters, and a third of the various energy resources and minerals shipped back from other countries pass through said areas. If Taiwan were invaded, global supply chains would be disrupted, and therefore conflict in the Taiwan Strait must be avoided. Such a conflict is indeed avoidable. I am very thankful to Prime Minister of Japan Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as US President Donald Trump and former President Joe Biden, and the other G7 leaders, for continuing to emphasize at international venues that peace and stability across the Taiwan Strait are essential components for global security and prosperity. When everyone in the global democratic community works together, stacking up enough strength to make China’s objectives unattainable or to make the cost of invading Taiwan too high for it to bear, a conflict in the strait can naturally be avoided. Q: As you said, President Lai, maintaining peace and stability across the Taiwan Strait is also very important for other countries. How can war be avoided? What sort of countermeasures is Taiwan prepared to take to prevent war? President Lai: As Mr. Sakurai mentioned earlier, we are coming up on the 80th anniversary of the end of WWII. There are many lessons we can take from that war. First is that peace is priceless, and war has no winners. From the tragedies of WWII, there are lessons that humanity should learn. We must pursue peace, and not start wars blindly, as that would be a major disaster for humanity. In other words, we must be determined to safeguard peace. The second lesson is that we cannot be complacent toward authoritarian powers. If you give them an inch, they will take a mile. They will keep growing, and eventually, not only will peace be unattainable, but war will be inevitable. The third lesson is why WWII ended: It ended because different groups joined together in solidarity. Taiwan, Japan, and the Indo-Pacific region are all directly subjected to China’s threats, so we hope to be able to join together in cooperation. This is why we proposed the Four Pillars of Peace action plan. First, we will strengthen our national defense. Second, we will strengthen economic resilience. Third is standing shoulder to shoulder with the democratic community to demonstrate the strength of deterrence. Fourth is that as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China, and seek peace and mutual prosperity. These four pillars can help us avoid war and achieve peace. That is to say, Taiwan hopes to achieve peace through strength, prevent war by preparing for war, keeping war from happening and pursuing the goal of peace. Q: Regarding drones, everyone knows that recently, Taiwan has been actively researching, developing, and introducing drones. Why do you need to actively research, develop, and introduce new drones at this time? President Lai: This is for two purposes. The first is to meet national security needs. The second is to meet industrial development needs. Because Taiwan, Japan, and the Philippines are all part of the first island chain, and we are all democratic nations, we cannot be like an authoritarian country like China, which has an unlimited national defense budget. In this kind of situation, island nations such as Taiwan, Japan, and the Philippines should leverage their own technologies to develop national defense methods that are asymmetric and utilize unmanned vehicles. In particular, from the Russo-Ukrainian War, we see that Ukraine has successfully utilized unmanned vehicles to protect itself and prevent Russia from unlimited invasion. In other words, the Russo-Ukrainian War has already proven the importance of drones. Therefore, the first purpose of developing drones is based on national security needs. Second, the world has already entered the era of smart technology. Whether generative, agentic, or physical, AI will continue to develop. In the future, cars and ships will also evolve into unmanned vehicles and unmanned boats, and there will be unmanned factories. Drones will even be able to assist with postal deliveries, or services like Uber, Uber Eats, and foodpanda, or agricultural irrigation and pesticide spraying. Therefore, in the future era of comprehensive smart technology, developing unmanned vehicles is a necessity. Taiwan, based on industrial needs, is actively planning the development of drones and unmanned vehicles. I would like to take this opportunity to express Taiwan’s hope to collaborate with Japan in the unmanned vehicle industry. Just as we do in the semiconductor industry, where Japan has raw materials, equipment, and technology, and Taiwan has wafer manufacturing, our two countries can cooperate. Japan is a technological power, and Taiwan also has significant technological strengths. If Taiwan and Japan work together, we will not only be able to safeguard peace and stability in the Taiwan Strait and security in the Indo-Pacific region, but it will also be very helpful for the industrial development of both countries. Q: The drones you just described probably include examples from the Russo-Ukrainian War. Taiwan and China are separated by the Taiwan Strait. Do our drones need to have cross-sea flight capabilities? President Lai: Taiwan does not intend to counterattack the mainland, and does not intend to invade any country. Taiwan’s drones are meant to protect our own nation and territory. Q: Former President Biden previously stated that US forces would assist Taiwan’s defense in the event of an attack. President Trump, however, has yet to clearly state that the US would help defend Taiwan. Do you think that in such an event, the US would help defend Taiwan? Or is Taiwan now trying to persuade the US? President Lai: Former President Biden and President Trump have answered questions from reporters. Although their responses were different, strong cooperation with Taiwan under the Biden administration has continued under the Trump administration; there has been no change. During President Trump’s first term, cooperation with Taiwan was broader and deeper compared to former President Barack Obama’s terms. After former President Biden took office, cooperation with Taiwan increased compared to President Trump’s first term. Now, during President Trump’s second term, cooperation with Taiwan is even greater than under former President Biden. Taiwan-US cooperation continues to grow stronger, and has not changed just because President Trump and former President Biden gave different responses to reporters. Furthermore, the Trump administration publicly stated that in the future, the US will shift its strategic focus from Europe to the Indo-Pacific. The US secretary of defense even publicly stated that the primary mission of the US is to prevent China from invading Taiwan, maintain stability in the Indo-Pacific, and thus maintain world peace. There is a saying in Taiwan that goes, “Help comes most to those who help themselves.” Before asking friends and allies for assistance in facing threats from China, Taiwan must first be determined and prepared to defend itself. This is Taiwan’s principle, and we are working in this direction, making all the necessary preparations to safeguard the nation. Q: I would like to ask you a question about Taiwan-Japan relations. After the Great East Japan Earthquake in 2011, you made an appeal to give Japan a great deal of assistance and care. In particular, you visited Sendai to offer condolences. Later, you also expressed condolences and concern after the earthquakes in Aomori and Kumamoto. What are your expectations for future Taiwan-Japan exchanges and development? President Lai: I come from Tainan, and my constituency is in Tainan. Tainan has very deep ties with Japan, and of course, Taiwan also has deep ties with Japan. However, among Taiwan’s 22 counties and cities, Tainan has the deepest relationship with Japan. I sincerely hope that both of you and your teams will have an opportunity to visit Tainan. I will introduce Tainan’s scenery, including architecture from the era of Japanese rule, Tainan’s cuisine, and unique aspects of Tainan society, and you can also see lifestyles and culture from the Showa era.  The Wushantou Reservoir in Tainan was completed by engineer Mr. Hatta Yoichi from Kanazawa, Japan and the team he led to Tainan after he graduated from then-Tokyo Imperial University. It has nearly a century of history and is still in use today. This reservoir, along with the 16,000-km-long Chianan Canal, transformed the 150,000-hectare Chianan Plain into Taiwan’s premier rice-growing area. It was that foundation in agriculture that enabled Taiwan to develop industry and the technology sector of today. The reservoir continues to supply water to Tainan Science Park. It is used by residents of Tainan, the agricultural sector, and industry, and even the technology sector in Xinshi Industrial Park, as well as Taiwan Semiconductor Manufacturing Company. Because of this, the people of Tainan are deeply grateful for Mr. Hatta and very friendly toward the people of Japan. A major earthquake, the largest in 50 years, struck Tainan on February 6, 2016, resulting in significant casualties. As mayor of Tainan at the time, I was extremely grateful to then-Prime Minister Abe, who sent five Japanese officials to the disaster site in Tainan the day after the earthquake. They were very thoughtful and asked what kind of assistance we needed from the Japanese government. They offered to provide help based on what we needed. I was deeply moved, as former Prime Minister Abe showed such care, going beyond the formality of just sending supplies that we may or may not have actually needed. Instead, the officials asked what we needed and then provided assistance based on those needs, which really moved me. Similarly, when the Great East Japan Earthquake of 2011 or the later Kumamoto earthquakes struck, the people of Tainan, under my leadership, naturally and dutifully expressed their support. Even earlier, when central Taiwan was hit by a major earthquake in 1999, Japan was the first country to deploy a rescue team to the disaster area. On February 6, 2018, after a major earthquake in Hualien, former Prime Minister Abe appeared in a video holding up a message of encouragement he had written in calligraphy saying “Remain strong, Taiwan.” All of Taiwan was deeply moved. Over the years, Taiwan and Japan have supported each other when earthquakes struck, and have forged bonds that are family-like, not just neighborly. This is truly valuable. In the future, I hope Taiwan and Japan can be like brothers, and that the peoples of Taiwan and Japan can treat one another like family. If Taiwan has a problem, then Japan has a problem; if Japan has a problem, then Taiwan has a problem. By caring for and helping each other, we can face various challenges and difficulties, and pursue a brighter future. Q: President Lai, you just used the phrase “If Taiwan has a problem, then Japan has a problem.” In the event that China attempts to invade Taiwan by force, what kind of response measures would you hope the US military and Japan’s Self-Defense Forces take? President Lai: As I just mentioned, annexing Taiwan is only China’s first step. Its ultimate objective is to change the rules-based international order. That being the case, China’s threats are an international problem. So, I would very much hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war – prevention, after all, is more important than cure.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Government welcomes passage of Stablecoins Bill

    Source: Hong Kong Government special administrative region

    Government welcomes passage of Stablecoins Bill 
         Upon implementation of the Stablecoins Ordinance, any person who, in the course of business, issues an FRS in Hong Kong, or issues an FRS that purports to maintain a stable value with reference to Hong Kong dollars in or outside Hong Kong will need to obtain a licence from the Monetary Authority (MA). The relevant persons must satisfy the requirements in areas such as reserve asset management and redemption, including proper segregation of client assets, maintaining a robust stabilisation mechanism, and processing stablecoin holders’ requests for redemption at par value with reasonable conditions. The relevant persons must also comply with a range of requirements, including those on anti-money laundering and counter-terrorist financing, risk management, disclosure and auditing, and fitness and propriety. The MA will conduct further consultations on the detailed regulatory requirements of the regime in due course.
     
         The regulatory regime will provide better protection for the general public and investors. Among others, under the Ordinance, only specified licensed institutions may offer an FRS in Hong Kong, and only an FRS issued by a licensed issuer may be offered to a retail investor. Additionally, to prevent fraud and scams, at all times (including the six-month non-contravention period), only advertisements of licensed FRS issuance are allowed. Members of the public are advised to take note of the above and exercise care when receiving FRS-related advertising materials or messages.
     
         The Secretary for Financial Services and the Treasury, Mr Christopher Hui, said, “The Ordinance adheres to the ‘same activity, same risks, same regulation’ principle, with a focus on a risk-based approach to promote a robust regulatory environment. This is not only in line with international regulatory requirements, but also lays a solid foundation for Hong Kong’s virtual asset market, which, in turn, promotes the sustainable development of the industry, protects users’ rights and interests, and strengthens Hong Kong’s status as an international financial centre.” 
     
         The Chief Executive of the Hong Kong Monetary Authority, Mr Eddie Yue, said, “The Ordinance has established a risk-based, pragmatic, and flexible regulatory regime. We believe that a robust and fit-for-purpose regulatory environment would provide favourable conditions to support the healthy, responsible, and sustainable development of Hong Kong’s stablecoin and the broader digital asset ecosystem.”
     
         The Ordinance is expected to come into effect this year, to allow sufficient time for the industry to understand the requirements under the licensing regime. The regime also provides for a transitional arrangement to facilitate the industry in applying for a licence and making suitable business arrangements in accordance with the regulatory regime.
     
         The Government will continue to support the development of the VA sector. Following the implementation of the VA trading platform and stablecoins issuers regulatory regimes, the Government will soon launch consultations on VA over-the-counter and custodian services, and promulgate the second policy statement on the development of VAs. 
    Issued at HKT 17:00

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Result reporting systems changed

    Source: Hong Kong Information Services

    u

    The Education Bureau today announced arrangements for new result reporting systems for Category C Other Languages (OL) subjects, with effect from the 2025 Hong Kong Diploma of Secondary Education (HKDSE) Examination.

    From the scheduled release date for 2025 HKDSE Examination results, 16 July, candidates attaining A2 or above in French, German or Spanish, N3 or above in Japanese, or TOPIK II Grade 3 or above in Korean, will be deemed to meet the requirement of “Level 2/Level 3 in one of the five subjects in the HKDSE Examination” for civil service non-degree grade appointment purposes.

    New arrangements for Category C OL subjects, commencing from the 2025 HKDSE Examination, were announced by the Hong Kong Examinations & Assessment Authority in 2022.

    Candidates should take the stipulated examinations, administered by the respective official organisations for each language in Hong Kong. Qualifying results will then be included in HKDSE Examination Category C results and reported on HKDSE certificates.

    MIL OSI Asia Pacific News

  • MIL-OSI: CBAK Energy to Participate in The Battery Show Europe on June 3, 2025

    Source: GlobeNewswire (MIL-OSI)

    DALIAN, China, May 21, 2025 (GLOBE NEWSWIRE) — CBAK Energy Technology, Inc. (NASDAQ: CBAT) (“CBAK Energy”, or the “Company”), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced its participation in the upcoming The Battery Show Europe (the “Event”), scheduled from Tuesday, June 3, 2025 to Thursday, June 5, 2025.

    Event Details:
    Date: June 03-05, 2025 (Europe Time)
    Venue: Messe Stuttgart, Messepiazza 170629 Stuttgart
    Booth: Hall 9-E40

    CBAK Energy’s sales team and R&D department, along with key members of our management, will be attending the Event. All interested parties are welcomed to visit our booth and engage with our team.

    About CBAK Energy
    CBAK Energy Technology, Inc. (NASDAQ: CBAT) is a leading high-tech enterprise in China engaged in the development, manufacturing, and sales of new energy high power lithium and sodium batteries, as well as the production of raw materials for use in manufacturing high power lithium batteries. The applications of the Company’s products and solutions include electric vehicles, light electric vehicles, energy storage and other high-power applications. In January 2006, CBAK Energy became the first lithium battery manufacturer in China listed on the Nasdaq Stock Market. CBAK Energy has multiple operating subsidiaries in Dalian, Nanjing, Shaoxing and Shangqiu, as well as a large-scale R&D and production base in Dalian.

    For more information, please visit ir.cbak.com.cn

    About The Battery Show
    The Battery Show Europe 2025 will bring together over 1,000 exhibitors from across the globe, showcasing cutting-edge solutions and products that span the entire battery supply chain, from raw materials to recycling. Explore the latest market innovations across Europe’s largest battery technology expo. and gain new ideas for increased battery efficiencies and reduced manufacturing costs.

    For more information, please visit https://www.thebatteryshow.eu

    For further inquiries, please contact:

    In China:

    CBAK Energy Technology, Inc.
    Investor Relations Department
    Email: ir@cbak.com.cn

    The MIL Network

  • MIL-OSI: Atos positioned as a Leader in the 2025 Gartner® Magic Quadrant™ for Outsourced Digital Workplace Services report

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    Atos positioned as a Leader in the 2025 Gartner® Magic Quadrant™ for Outsourced Digital Workplace Services report

    Paris, France – May 21, 2025 – Atos today announces that it has been positioned as a Leader by Gartner® in its 2025 Magic Quadrantfor Outsourced Digital Workplace Services (ODWS), based on its Completeness of Vision and Ability to Execute. This is the ninth consecutive year that Atos has been placed in the Leaders quadrant in a Gartner Magic Quadrant report dedicated to Outsourced Digital Workplace Services (ODWS)1.

    Atos’ digital workplace services provide end-to-end Engaged Employee Experience   through digital collaboration and productivity tools, as well as intelligent customer care services that enable new ways of working and include 20 ‘Tech for Good’ features to address clients’ CSR goals.

    Persona-based employee journeys enable secure and effortless access to applications, resources and devices from any location, allowing every individual to maximize their contribution, regardless of disability or impairment.

    Atos sustainable digital workplace suite, that is included in its ODWS portfolio, fosters more sustainable and cost-effective workplace environments through transparent, responsible sourcing and device lifecycle management to reduce customers’ carbon footprint across the ecosystem.

    Atos Experience Operations Center (XOC) launched in 2024, leverages cognitive analytics, virtual agents, remote diagnostics, innovative device provisioning and robust asset tracking for a secure, frictionless employee device support experience, and also complements Atos’ service desk with proactive issue resolution.

    To quickly identify and address employees’ IT issues before they impact their activity and business operations, the Atos Experience Operations Center (XOC) leverages automation and AI and aggregates data in real time to inform decisions about digital employee experience, allowing agile and responsive decision-making and problem resolution before users are affected.

    Leon Gilbert, EVP & Head of Digital Workplace Business Line, Atos, said: “Gartner recognition is an honor that we believe reflects on our breakthrough approach to human-centric, flexible and hybrid digital workplace environments powered by state-of-the-art technologies and on our commitment to co-create with our customers outcome-driven tailored services. This recognition gives us confidence in our capacity to further transform the future of work.”

    The 2025 Gartner® Magic Quadrant evaluated 18 service providers based on their Ability to Execute and Completeness of Vision.

    To download a copy of the report, please go to https://atos.net/en/lp/gartner-magic-quadrant-for-outsourced-digital-workplace-services-2025

    ***

    Disclaimer

    Gartner, Magic Quadrant for Outsourced Digital Workplace Services, By Karl Rosander, Matt Baldino, Biswajit Maity, Andrea Lanzavecchia, Katja Ruud, Tom Sieber, 24 March 2025

    GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.

    Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

    ***

    About Atos

    Atos is a global leader in digital transformation with c. 74,000 employees and annual revenue of c. € 10 billion. European number one in cybersecurity, cloud and high-performance computing, the Group provides tailored end-to-end solutions for all industries in 68 countries. A pioneer in decarbonization services and products, Atos is committed to a secure and decarbonized digital for its clients. Atos is a SE (Societas Europaea) and listed on Euronext Paris.

    The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

    Press contact

    Isabelle Grangé | isabelle.grange@atos.net | +33 (0) 6 64 56 74 88


    1 The 2025 Gartner Magic Quadrant for Outsourced Digital Workplace Services replaces three separate regional Magic Quadrants for North America, Europe and the Asia/Pacific region, called Magic Quadrant for Managed Workplace Services (2017-2021).

    Attachment

    The MIL Network

  • MIL-OSI United Kingdom: New Chair of the Agriculture and Horticulture Development Board appointed

    Source: United Kingdom – Executive Government & Departments

    News story

    New Chair of the Agriculture and Horticulture Development Board appointed

    Emily Norton will start the role from 1 June

    Emily Norton has been appointed as the new Chair of the Agriculture and Horticulture Development Board (AHDB).

    Emily, who has 25 years of experience in the food and farming sector, will take on the role for three years from 1 June 2025. She will succeed Nicholas Saphir, who is stepping down as Chair after more than five years in the role. AHDB is a statutory levy board funded by around 100,000 farmers and other businesses in the food supply chain. Established in 2008 and classified as a Non-Departmental Public Body, AHDB supports production of Beef, Lamb and Pork in England, Dairy in Great Britain and Cereals & Oilseeds in the UK.

    Appointments to the AHDB board are made by Defra Ministers, with the approval of Ministers in the Scottish, Welsh and Northern Ireland Governments.

    Farming Minister Daniel Zeichner said:

    “Emily Norton’s leadership and extensive experience in a diverse range of sectors will bring fresh perspective and strategic insight to the AHDB. I look forward to working closely with her as we continue to champion our world-class farmers and food producers – driving rural economic growth and strengthening food security.

    “I would also like to express my gratitude to Nicholas Saphir for his dedication, drive and expertise throughout his tenure.”

    Outgoing AHDB Chair Nicholas Saphir said:

    “I have served as AHDB chair for the last five years during which time it has been an honour and a pleasure to have worked with some amazingly dedicated and knowledgeable Board members and staff. 

    “Together we have delivered a significant change in the way in which AHDB serves our levy payers. I leave AHDB, the Board and team, well positioned to play their part in providing ‘the key that unlocks the future of British agriculture’. 

    “I’m delighted that Emily Norton will be stepping into the role as Chair of AHDB. Emily brings a wealth of experience through her background in running a family farming business as well as her work as a highly respected strategic and policy advisor.”

    Emily Norton, new Chair of the AHDB, said:

    “I am proud to take on the role of Chair at such a pivotal time for British agriculture.

    “My professional focus has always been on strengthening the resilience, sustainability, and prosperity of the UK’s food and farming sectors. I look forward to working with stakeholders across the industry to deliver on that mission as part of AHDB.”

    Biographical details

    • Emily Norton is a partner in an 80 ha arable farm in Norfolk and is owner and founder of Farm Foresight Ltd, a strategic advisory service for the rural sector.
    • She has previously held several executive roles including Head of Rural Research at Savills UK, and was Chair of the Oxford Farming Conference in 2023.

    • Emily has extensive board-level experience, with positions at the Soil Association Exchange, the Environmental Markets Board and the Duchy of Lancaster.

    • She is a member of the national policy committee of the Country Land and Business Association, a trustee at the Royal Norfolk Agricultural Association and a member of the Farming Leadership Group of the Food, Farming & Countryside Commission.

    Updates to this page

    Published 21 May 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Exciting new after-school activity sessions coming to the Mountbatten Centre

    Source: City of Portsmouth

    Starting next month, the Mountbatten Centre is launching fun and energetic after-school multi-sport sessions for children aged 5–13 — the perfect way to stay active, make new friends, and burn off some after-school energy!

    Organised by local charity and social enterprise BH Live, these sessions are designed to give kids more chances to enjoy sports and fitness outside of school in a supportive, social environment.

    Led by friendly BH Live Active instructors, each session will offer a mix of exciting games and sports — think badminton, table tennis, football, basketball, soft archery, dodgeball, tag, and loads more. Every week brings something new to keep things fresh and fun.

    These sessions are also a great way to help children stay healthy. A recent Sport England survey (2024) showed that only 57.1% of children aged 5–16 are active for more than 30 minutes a day outside of school, even though the NHS recommends at least 60 minutes of activity daily.

    These sessions are a simple, fun way to bridge that gap. Here’s what you need to know:

    • When: Mondays, Wednesdays, and Fridays | 4pm – 5:45pm
    • Flexible pick-up and drop-off times – drop off as early as 3:45pm and pick up as late as 6pm
    • Dates: From Monday 2 June to Friday 18 July 2025 (pilot programme)
    • Where: Mountbatten Leisure Centre, Northsea
    • Cost: £6.50 per session, (£4.50 for BH Live Active junior members)
    • Spaces: Up to 20 children per session
    • How to book: Sessions can be booked up to two weeks in advance on a pay-as-you-go basis. Book via the BH Live Active app or online at bhliveactive.org.uk.

    The Mountbatten Centre is owned by Portsmouth City Council and operated in partnership with BH Live.

    On behalf of BH Live, Portsmouth Cluster Manager, Matt Low, said:

    “We’re really excited to be launching these after-school sessions. They’re a great way for kids to stay active, build confidence, and have fun after school. Our BH Live Active instructors are ready to make every session enjoyable and welcoming!”

    Cllr Lee Hunt, Cabinet Member for Community Safety, Leisure & Sport at Portsmouth City Council added:

    “Encouraging young people in the city to get active is one of our main priorities, so it’s fantastic to see that BH Live are running these after school sessions. It’s a great opportunity to try a range of sports and activities in a supportive environment, along with the chance to make new friends. I’m hoping this will be a big success.”

    If the pilot goes well, there are plans to bring the sessions back again in September.

    Got questions? Drop the centre an email at mountbatten@bhlive.org.uk.

    To find out more about the Mountbatten Leisure Centre, visit bhliveactive.org.uk/Mountbatten

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: UK CCC advice must be a “wake up call” for the Scottish Government

    Source: Scottish Greens

    Patrick Harvie calls for urgent climate action following Climate Change Committee report

    New independent climate advice should be a wake-up call for the Scottish Government, says Scottish Green co-leader, Patrick Harvie.

    The UK Climate Change Committee has today published expert advice on what the Scottish Government must do to meet its ambitious 2045 net zero targets.

    The Committee is clear that the 2045 target is achievable, but only if the Scottish Government takes decisive and rapid action to reduce emissions from transport, home heating, and land use.

    The UKCCC’s advice comes before the Scottish Government starts to set its first carbon budgets later this year.

    Patrick Harvie, co-leader of the Scottish Greens commented:

    “The UKCCC’s advice to the Scottish Government has few surprises. Scotland is years behind schedule on climate, and the SNP have spent the last year ripping up the policies that were designed to accelerate action.

    “The Scottish Government already knows, as we all do, that without serious effort to make our homes warmer and switch to clean heat, without radical investment in public transport, and without support for rural communities to cut emissions from land use and farming, we will fail to protect our world from catastrophic damage.

    “This also exposes the dishonesty of the right’s anti-net-zero agenda. The UKCCC is clear – Scotland’s 2045 target is completely achievable. But it will only happen if we are brave enough to commit to the rapid action needed to achieve it. Repeating the poor performance of the last 15 years would result in failure.

    “Perhaps the most immediate issue is the Scottish Government’s decision to strip the ambition out of the Bill to help people decarbonise heating. Now their own appointed expert advisors are directly challenging Ministers on the core elements that are missing from the Bill, and Parliament must be clear that if the Government won’t fix it, we will.

    “For 15 years, we have seen political consensus here in Holyrood on climate, but only on the targets and not the action. All parties supported ambitious targets in 2019, but too many have voted to block the action we desperately need to take.

    “The Scottish Government has many of the solutions they need ready at their fingertips, and ambition on climate will create good jobs and save people money too. But instead of ramping up action, we’ve seen broken promises and further delays. That has to end; we’re in a climate emergency and the Government – and all political parties here in Holyrood – need to act like it.”

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: DIO completes major improvement project in the Falkland Islands

    Source: United Kingdom – Government Statements

    News story

    DIO completes major improvement project in the Falkland Islands

    Completion of new accommodation and offices at Mount Byron marks major milestone for remote Falklands project.

    The exterior of one of the accommodation blocks. MOD Crown Copyright.

    The Defence Infrastructure Organisation (DIO) has completed the final phase of a major improvement programme at one of the most remote sites on the Defence estate. A new modular accommodation block at Byron Heights in the Falkland Islands has now been handed over, marking the end of a four-year infrastructure project, delivered on behalf of Strategic Command.  

    A contract was awarded to VolkerFitzpatrick to replace the original accommodation at Mount Kent, Mount Alice and Byron Heights, originally built in 1984. The new single-storey accommodation blocks now provide modern living and working environments for up to 12 people stationed at each location.  

    Designed to support a continuous presence in extreme and isolated conditions, each site includes fully equipped bedrooms, catering services, office space, welfare and leisure facilities, a small gym, plant rooms and temporary transit accommodation, should there be a need for an increase in personnel.  

    The new structures are well designed to meet the rigours of the Falklands winter in the mountains and are expected to provide a more energy efficient solution compared to the previous accommodation.  

    Nick Andrews-Gauvain, DIO Project Manager, said:  

    Building in the Falklands presents unique challenges, from harsh weather conditions to the complexity of an almost 8,000-mile logistic chain, meaning close teamwork between DIO and Volker-Fitzpatrick was vital. The team decided to complete the accommodation at Mount Kent first, allowing us to apply any lessons learnt to the more remote areas of Mount Alice and Byron Heights.  

    We are pleased to have completed this project and I have no doubts these new blocks will improve experiences for service and civilian personnel based there.

    Sgt Winter is one of the personnel based at Mount Alice and has moved into the new accommodation. He said:  

    The dedicated office space and improved connectivity have made a real difference in how we work, greatly increasing efficiency. The new accommodation has also had a big impact. Being away from loved ones is never easy, but having a comfortable and welcoming place to stay has greatly boosted morale.  

    We’re also incredibly grateful to the VolkerFitzpatrick team. Not only did they deliver an excellent build, but they also seamlessly integrated themselves as part of the mountain family.

    A Strategic Command spokesperson said:  

    The new accommodation is a major improvement, offering high-quality living and working conditions. Built to withstand extreme weather, including high winds and heavy snowfall, it has already proven its resilience.  

    As one of the most remote sites Defence operates in, the construction is a remarkable achievement. It provides everything needed to support our personnel.

    Stuart Deverill, Managing DIrector, VolkerFitzpatrick, Building Division, said:  

    Delivering this project is one of the most remote and challenging environments on the Defence estate and has been a true testament to the resilience, commitment and expertise of our team based in the Falkland Islands. From navigating extreme weather to coordinating complex logistics across 8,000 miles, every stage demanded careful planning and collaboration.  

    We’re proud to have provided safe, modern and energy-efficient accommodation that will make a real difference from those stationed here.

    The completion of the accommodation at the Byron Heights site marks the final handover in the programme that enhances the UK’s capability to maintain a secure and sustained presence in the South Atlantic.  

    Updates to this page

    Published 21 May 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: 17 NSU postgraduate students became holders of Presidential scholarships

    Translation. Region: Russian Federal

    Source: Novosibirsk State University – Novosibirsk State University –

    The 500 winners of the second competitive selection for the Russian Presidential Scholarship for postgraduate and adjunct students have been announced. The monthly scholarship is 75 thousand rubles. The payment is assigned for a period of 1 to 4 years. Last year, the first recipients of the scholarship included eight NSU postgraduate students: three from the Faculty of Natural Sciences and the Faculty of Physics, and one from the Faculty of Economics and the Institute of Humanities. In 2025, their number increased to 17.

    This year, the Presidential Scholarship was awarded to 8 postgraduate students. Faculty of Natural Sciences of NSU, 4 postgraduate students Physics Department of NSU, 2 postgraduate students Faculty of Geology and Geophysics of NSU and 3 postgraduate students Humanitarian Institute of NSU.

    Scholarships for postgraduate and adjunct students conducting scientific research within the framework of the implementation of the country’s scientific and technological development priorities were awarded to:

    Faculty of Natural Sciences of NSU:

    Olga Bakunina (3rd year of study), scientific supervisor – senior lecturer of the Department of Physics of the Specialized Scientific Center of NSU Mikhail Yuryevich Ivanov;

    Ekaterina Butikova (1st year student), scientific supervisor – head of the laboratory of cellular technologies of the Department of Experimental Lymphology of the Institute of Clinical and Experimental Lymphology – branch of the ICG SB RAS Olga Vladimirovna Poveshchenko;

    Alexander Nashivochnikov (3rd year of study), scientific supervisor – senior researcher at the Laboratory of Quantum Optical Technologies of the Physics Department of NSU Anton Ivanovich Kostyukov;

    Tamara Rakhmanova (3rd year of study), scientific supervisor – head of the cryopreservation and reproductive technologies sector of the Federal Research Center of Cytology and Genetics of the Siberian Branch of the Russian Academy of Sciences, Doctor of Biological Sciences Sergei Yakovlevich Amstislavsky;

    Arkady Samsonenko (2nd year of study), scientific supervisor – senior lecturer of the Department of Chemical and Biological Physics of the Physics Faculty of NSU Sergei Leonidovich Weber;

    Sergey Sviyazov (3rd year of study), scientific supervisor – assistant of the Department of Physical Chemistry of the Faculty of Natural Sciences of NSU Dudari Bairovna Burueva;

    Egor Sosnin (1st year of study), scientific supervisor – senior lecturer of the Department of General Physics of the Physics Faculty of NSU Stanislav Albertovich Trubachev;

    Artem Urlukov (3rd year of study), scientific supervisor – Associate Professor of the Department of Molecular Biology and Biotechnology of the Faculty of Natural Sciences of NSU Dmitry Igorevich Potemkin.

    NSU Faculty of Physics:

    Alexandra Borodulina (1st year of study), scientific supervisor – senior lecturer of the Department of Chemical and Biological Physics of the Physics Faculty of NSU Sergei Leonidovich Weber;

    Stepan Karmushin (1st year of study), scientific supervisor – director of the Advanced Engineering School of NSU Sergey Valerievich Golovin;

    Natalia Osik (2nd year of study), scientific supervisor – chief researcher of the International Tomography Center of the Siberian Branch of the Russian Academy of Sciences Yuri Pavlovich Tsentalovich;

    Andrey Cherepanov (1st year of study), scientific supervisor – Associate Professor of the Department of General Physics of the Physics Faculty of NSU Denis Anatolyevich Knyazkov.

    Faculty of Geology and Geophysics of NSU:

    Mark Ignatov (1st year of study), scientific supervisor – senior lecturer of the Department of Physical Methods for Solid State Research of the Physics Faculty of NSU Sergey Vladimirovich Rashchenko;

    Alexey Tarasov (1st year of study), scientific supervisor – senior researcher of the laboratory of lithospheric mantle and diamond deposits of the V.S. Sobolev Institute of Geology and Mineralogy of the Siberian Branch of the Russian Academy of Sciences Alexander Viktorovich Golovin.

    Humanitarian Institute of NSU:

    Dmitry Lebedkin (1st year of study), scientific supervisor – head of the Department of Fundamental and Applied Linguistics of the Humanities Institute of NSU Alexander Nikolaevich Savostyanov;

    Valeria Mikhienko (1st year of study), scientific supervisor – professor of the Department of Archeology and Ethnography of the Humanities Institute of NSU Mikhail Vasilyevich Shunkov;

    Vasily Sokolovsky (1st year of study), scientific supervisor – associate professor of the Department of Archeology and Ethnography of the Humanities Institute of NSU Andrey Vladimirovich Tabaev.

    In total, more than 4.6 thousand applications from 73 subjects of Russia were submitted to the competition. The winners were representatives of all federal districts, including 2 postgraduate students from new regions. The largest number of applications were submitted in the direction of “Engineering Sciences”.

    Candidates for the presidential scholarship were nominated by their scientific supervisors. As specified on the official website of the Ministry of Science and Higher Education of the Russian Federation, the research of scholarship applicants must be based on the priorities defined by the Strategy for Scientific and Technological Development of the Russian Federation, approved by Vladimir Putin on February 28, 2024.

    Valeria Mikhienko (NSU Humanitarian Institute):

    — As part of my dissertation research, it is planned to study the main techniques of chipping on the archaeological materials of the Upper Paleolithic of the Altai Mountains, obtained from sites with an established chronology and with the involvement of experimental data. The identification and substantiation of a new additional criterion for differentiating the Upper Paleolithic industries of the Altai Mountains will allow us to determine the main trends at different stages of the Upper Paleolithic and better understand their specificity. In the Upper Paleolithic (about 50 thousand years ago), changes in stone processing occur everywhere, which are associated with the production of new types of blanks (plates, blades, microplates) and typologically expressed tool forms (leaf-shaped bifaces). At first, man in ancient times mastered new methods of obtaining standardized stone blanks – plates within the framework of volumetric thinking, then moved on to the manufacture of smaller forms – plates, and at the end of the Upper Paleolithic he already mastered the technique of pressing and was already able to obtain microplates. All this took place against the backdrop of changes in the natural environment and the development of human cognitive abilities, which can be traced in the archaeological materials of the multi-layered sites of the Altai Mountains (from 50 to 20 thousand years ago).

    Ekaterina Butikova (FEN NSU):

    — I am researching the effects of terahertz radiation on normal and tumor human cells. As part of the project, we study how irradiation at terahertz frequencies affects cellular metabolism and the viability of various cell types. These data are important for understanding the fundamental mechanisms of terahertz radiation and may be useful for understanding safety limits.

    Stepan Karmushin (FF NSU):

    — My scientific research is devoted to a relevant and complex area of modern hydrodynamics — the mechanics of viscoelastic (non-Newtonian) fluids, including issues of unsteady flows and rheology of complex structured polymer and colloidal systems. The relevance of this topic is due to the wide range of applications of such materials in advanced technologies, including the oil and gas industry, biotechnology, pharmaceutical industry and the development of new composites. Particular attention is paid to the development of nonlinear mathematical models and analysis of the internal structure of the flow, which allows for reliable calculation of the rheology of viscoelastic fluids, as well as reproducing their behavior in real conditions. The results of the work are of both fundamental importance for modern hydrodynamics and practical value for the real sector of the economy, including cooperation with leading oil and gas companies to solve specific technological challenges.

    Alexey Tarasov (GGF NSU):

    — The topic of my project is “Melt inclusions in minerals of mantle xenoliths from kimberlites: reconstruction of mantle melt compositions”. Kimberlites are igneous rocks, which are associated with more than 90% of diamond deposits. Kimberlites are formed by the crystallization of kimberlite magmas. Kimberlite melts are formed by partial melting of mantle rocks at a depth of 160-300 kilometers. In my work, I try to reconstruct the composition of kimberlite melts. To do this, I study melt inclusions in various minerals from kimberlites.

    Dmitry Lebedkin, (NSU GI):

    — I study neural indicators in the cognitive processing of syntactic errors in the process of perceiving sentences in natural languages and arithmetic formulas.

    The aim of the study is to identify similarities and differences between the neural processes that occur during the processing of linguistic and arithmetic syntax, in order to subsequently conclude whether this process is the same or not. If not, what are the differences between them).

    To answer this question, a series of experiments will be conducted with electroencephalogram recordings. During them, participants will read arithmetic formulas and sentences in Russian, which may contain syntactic and semantic errors. The obtained indicators of brain activity will be compared both between arithmetic and Russian, and within these categories of stimuli (with or without syntactic or semantic errors).

    The results of the conducted research can be used in the development of complex educational methods intended for more productive joint study of mathematical and language disciplines. Also in the future it is possible to create therapeutic methods for supporting students with dyscalculia and related developmental disorders based on the results of this work.

    Reference:

    Scholarships for postgraduate students and adjuncts conducting research within the framework of implementing the priorities of scientific and technological development of the country were introduced in 2024. The corresponding Decree “On the scholarship of the President of the Russian Federation for postgraduate students and adjuncts conducting research within the framework of implementing the priorities of scientific and technological development of the Russian Federation” was signed by the head of state Vladimir Putin on November 27, 2023. Up to 500 scholarships in the amount of 75 thousand rubles will be allocated annually based on the results of competitive selection. They will be paid to postgraduate students and adjuncts until they complete their studies at the university. These payments are financed from the federal budget. The first recipients of the scholarship last year included eight NSU postgraduate students: three each from the Faculty of Natural Sciences and the Faculty of Physics, and one each from the Faculty of Economics and the Humanities Institute. This year their number has increased to 17.

    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 Russia: Stuntmen’s meetings and a motorcycle show will take place this weekend at the Moskino cinema park

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Guests of the Moskino Cinema Park will have an exciting weekend on May 24 and 25. The program includes meetings with professionals from the Stuntmen’s Guild of Russia, Armenia, Georgia and Belarus, staged stunts from famous films and much more.

    Scenes from the movie

    On May 24, stunt masters will perform an extreme motorcycle show on the central square with ramps, riding on one wheel and acrobatic elements. At 18:00, viewers will see one of the scariest scenes in cinema – burning, which will be safe for participants and spectators. From 12:00 to 18:00, young guests will have lessons on riding children’s motorcycles, as well as themed photo sessions.

    At the “Berlin Streets” venue, from 12:30, viewers will see scenes of military chases and shootouts. In “Cowboy Town”, viewers will be shown a bank takeover with horse chases and falls from a window and roof. In addition, everyone will witness a cowboy duel in the traditions of the Wild West. In the “Pitersky Bar”, a gangster fight in the style of the 90s will unfold under the spotlight and the work of a film crew. Visitors will be shown an excerpt based on the film “Brother 2”, which will include furniture smashing, broken dishes and other bright moments.

    At the Moscow of the 1940s site, you can watch how scenes with car chases, rooftop shooting and falls are created. In addition, guests will be offered to ride in retro cars, trying on hats and gloves from that era.

    Buy a ticket you can on the website.

    Meetings with stuntmen

    On May 24 from 13:00 to 14:00, the Gonzaga Theater will host a conference with the participation of professional stuntmen. The audience will meet the vice-president of the Russian Stuntmen’s Guild Varvara Nikitina, stuntmen Nino Daisadze from Georgia and Arman Berikyan from Armenia, as well as stunt coordinator at the Belarusfilm studio Alexander Sitnik. The artists will talk about the specifics of the profession and answer questions from the audience.

    On May 25 at 13:00, a meeting with stuntmen Evgeny Bogorodsky and Vladimir Karpovich will begin. Evgeny Bogorodsky is a laureate of the professional awards “Alter Ego”, “For Contribution to the Profession” and “Golden Fang” – for his work with animals in cinema. He took part in the filming of the films “Taras Bulba”, “The Legend of Kolovrat” and others.

    Vladimir Karpovich has over 300 films to his credit, including “Brother 2”, “9th Company”, “Brest Fortress” and “Inhabited Island”. Filmmakers will talk about their profession and share stories from their lives.

    On May 24 and 25 from 17:00 to 19:00 there will be meetings with the President of the Russian Stuntmen’s Guild Alexander Inshakov. He will talk about working with famous directors and participating in the films “Brigada”, “A Man from Boulevard des Capucines”, “Assa”.

    On Saturday and Sunday from 15:00 to 16:30, the fencing duo “Breter” will perform at the Gonzaga Theatre. The specialists will show maneuvers on stage and take part in staged battles.

    On May 25 at 19:00 on the same site, the director of the film park Kirill Kosenko and stuntman Alexander Inshakov will sum up the results of the festival and solemnly award the best stunt directors and performers.

    Movie screenings for the whole family

    On May 24 and 25, the Moskino Kinopark cinema will show sci-fi and family films. The adventure cartoon Hansel and Gretel: Mission Sleeping Beauty will tell the story of super agent Gretel and her clever brother, who will have to solve many mysteries and defeat enemies. The family comedy Paddington 3 will once again remind us of the bear cub and the Brown family, who this time go to Peru. You can also watch the film Nightingale vs. Muromets, where the main character ends up in the modern world, as well as the war drama Not Listed Based on the story of the same name by Boris Vasiliev, the sci-fi action film Kraken about the battle of sailors with a terrible inhabitant of the ocean depths, and other films.

    Tickets are available for purchase on the film park website.

    The event contributes to the implementation of the goals and objectives of the national project “Family” in the city of Moscow.

    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 by the capital Department of Culture. The first stage of creation has already been completed here: 24 natural sites, four pavilions and six infrastructure facilities have been built. Among them are the sets “Center of Moscow”, “Moscow of 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 chain, the film commission and the Moskino film platform.

    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/154122073/

    MIL OSI Russia News

  • MIL-OSI Russia: Experts Assess Economic Impact of Moscow’s Tourism Industry

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Tourism strengthens Moscow’s economic stability and has a positive effect on the development of its infrastructure. This was reported by experts from the capital’s Tourism Committee.

    Tourists regularly buy goods and seek services in the city, which affects the increase in Moscow’s gross regional product. According to the latest data, tourist revenues to the city budget for 2024 are estimated at 235 billion rubles, and the total contribution of the travel sector to the capital’s economy is 1.7 trillion rubles, which exceeds previously announced figures.

    Over the past few years, Moscow has secured its status as a city for all-season travel — from family vacations to business trips. This is confirmed by the growing tourist flow. The successful development of the industry has become possible thanks to investments: 70 percent of budget funds are spent on improving the quality of the urban environment and the lives of Muscovites. Indirectly, this makes the capital more attractive not only for city residents, but also for tourists.

    Tourism, in turn, compensates for infrastructure and improvement costs, thereby strengthening the capital’s financial system. In 2023–2024, every ruble of budget funds directly or indirectly related to increasing Moscow’s tourist attractiveness additionally increased the capital’s economy by 35.7 rubles. Of these, five rubles were budget revenues.

    The positive effect of tourism on the economy is achieved by increasing the number of consumers of goods and services in Moscow. Among them are domestic and international tourists, as well as excursionists. They distribute expenses on transportation, accommodation, food, souvenirs, visiting exhibitions, museums, concerts and other entertainment and cultural events.

    The Moscow Tourism Committee monitors the dynamics of tourism development in the city. In 2024, Moscow’s tourist flow amounted to 26 million people and exceeded pre-pandemic figures.

    Detailed analytical information on the Moscow tourism industry can also be found on the portal “Russpass. Business”.

    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/154116073/

    MIL OSI Russia News

  • MIL-OSI Russia: Chinese archaeologists present discoveries on the Great Silk Road to the public of Uzbekistan

    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 21 (Xinhua) — On the occasion of International Museum Day, a China-Uzbekistan joint archaeological team held an event aimed at educating the public about archaeology, according to the website of Northwest University of China (NWCU), which is located in Xi’an, capital of Shaanxi Province.

    More than 50 local students and schoolchildren were invited to the archaeological site of Çınartepa and familiarized themselves with the archaeological excavation process and discoveries.

    The Chinese-Uzbek archaeological team was created by the SZU and the Samarkand Archaeological Institute of Uzbekistan. In 2019, experts from both sides discovered the remains of settlements and burials from the Kushan Empire period (1st-4th centuries) near the village of Chinar in the Surkhandarya region of this country. From April to June 2024, experts conducted the first joint excavations of the site with an area of 25 thousand square meters.

    During the excavations, more than 20 burials and a rectangular ash pit with a large number of ceramic net weights and a jug with two handles were discovered.

    Judging by the findings, the inhabitants of the Kushan Kingdom more than 1,600 years ago were engaged in agriculture and fishing, growing wheat, rice, grapes and other types of garden crops.

    However, the Kushan Empire maintained contacts with the Celestial Empire. According to notes discovered during excavations in Gansu Province, ambassadors from this kingdom visited Chang’an, the modern city of Xi’an, while traveling along the Great Silk Road.

    During the presentation of the achievements of archaeological research, as noted in the SZU, the unique attractiveness of archaeology for the activation of humanitarian contacts between China and Uzbekistan was demonstrated. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: “Continuing our cooperation will be worthy” — Acting Governor of the Jewish Autonomous Region

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    HARBIN, May 21 (Xinhua) — “Heilongjiang Province is the only such strategic partner for the Jewish Autonomous Region (JAR), because we are separated only by the Amur (Heilongjiang River), and it does not just divide us, but on the contrary, it unites us,” said Acting Governor of the JAR Maria Kostyuk.

    Maria Kostyuk made this statement on the sidelines of the 34th Harbin International Economic and Trade Fair, which is taking place in the city of Harbin (the administrative center of Heilongjiang Province, Northeast China) from May 17 to 21.

    In her capacity as the head of the region, M. Kostyuk took part in the Harbin International Trade and Economic Fair for the first time, but she had previously attended it many times when she worked as an employee of the Birobidzhan city administration.

    “We believe that this is a connection between two neighbors. We are mainly building our trade and industrial relations with the border cities of Heilongjiang Province. We already have experience of such long-term cooperation,” noted M. Kostyuk.

    She called tourism a traditional area of cooperation between the Jewish Autonomous Region and Heilongjiang Province.

    “Residents of China and Russia are always interested in communicating with each other as neighbors and close people. Therefore, we are ready to organize various tourist routes in the territory of the Jewish Autonomous Region specifically for the specifics and interests of the residents of China,” added M. Kostyuk.

    According to her, the Tongjiang-Nizhneleninskoye cross-border bridge is now of greatest interest to investors and partners.

    “We discussed with our Chinese colleagues transshipment cargo, construction of logistics hubs, passenger transportation, increasing the flow across the railway bridge and other issues,” explained M. Kostyuk.

    In addition, in her opinion, the humanitarian direction of cooperation, which is actively carried out between the two sides in such areas as education, culture and sports, is not only important, but also historically significant.

    “When we arrived in Harbin, the first thing we did was visit the monument to Soviet soldiers and lay flowers. We noted how well-kept it was, how the authorities were keeping an eye on the memory of our common history,” shared M. Kostyuk.

    “Continuing our cooperation will be worthy. We must also go together today along one path in order to develop our mutual cooperation,” she concluded. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: Pentagon to launch probe into troop withdrawal from Afghanistan

    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

    WASHINGTON, May 21 (Xinhua) — U.S. Defense Secretary Pete Hegseth on Tuesday ordered the Pentagon to launch a comprehensive investigation into the circumstances surrounding the withdrawal of U.S. troops from Afghanistan in 2021.

    In a memo, Hegseth said the Defense Department had an obligation to investigate what he described as a disastrous operation that ended with 13 U.S. service members killed in a suicide attack at Kabul airport.

    “This remains an important step toward restoring the faith and trust of the American people and all those who wear uniform, and is prudent given the number of casualties and equipment lost during the withdrawal operation,” the memo said.

    The troop withdrawal, which ended nearly 20 years of U.S. military presence in Afghanistan, was overseen by then-President Joseph Biden and his national security team in August 2021. A suicide bomber linked to the Islamic State attacked Kabul’s airport in the final days of the troop withdrawal, killing U.S. troops and Afghans.

    P. Hegseth called the withdrawal of troops “catastrophic and shameful.”

    Both Hegseth and President Donald Trump have repeatedly criticized the Biden administration’s troop withdrawal efforts. –0–

    MIL OSI Russia News

  • MIL-OSI Russia: The Russian-Chinese forum in Khabarovsk ended with the signing of 34 cooperation agreements

    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

    KHABAROVSK, May 21 (Xinhua) — The two-day Russia-China forum under the motto “Greater Ussuri (Heixiazidao Island): Cooperation in Joint Development of the Island” concluded in Khabarovsk in Russia’s Far East on Tuesday, with 34 cooperation agreements signed.

    According to the organizer, more than three thousand people took part in the forum. Among them were representatives of government, business, public and youth organizations. The Forum program included more than 30 thematic platforms, cultural and sports events. Of the 34 agreements signed, 25 were with representatives of foreign companies. The total amount exceeded 100 billion rubles.

    The business program of the forum included sessions devoted to economic cooperation between Russia and China, energy, tourism development, deepening intercultural cooperation, environmental issues and entrepreneurship. Participants discussed the creation and development of industrial parks and technology parks, the export of creative industries and agricultural products, the prospects of the e-commerce market, the role of small and medium-sized businesses in Russian-Chinese partnership and other issues. One of the central topics was the construction of a year-round cargo and passenger automobile checkpoint on Heixiazidao Island.

    The key event of the forum was the plenary session “Russia and China: Joining Efforts for Common Prosperity”. Participants discussed economic partnership, development of border regions, investments in joint projects, trade, industrial cooperation, tourism and cultural ties between Russia and China.

    The forum offered participants various event formats for direct dialogue and reaching specific agreements. In particular, a business dialogue “Russia-China”, a pitch session of investment projects and more than 400 meetings between entrepreneurs of the two countries took place. –0–

    MIL OSI Russia News

  • MIL-OSI Russia: The Russian President visited the Kursk region on a working trip

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    Moscow, May 21 (Xinhua) — Russian President Vladimir Putin visited the Kursk region on a working visit on Tuesday, the Kremlin press service reported.

    During his working visit, he met with representatives of volunteer organizations. He also met with the acting governor of Kursk Oblast, Aleksandr Khinshtein.

    In the city of Kurchatov, V. Putin held a meeting with the heads of municipalities of the Kursk region. In addition, the president visited the Kursk NPP-2 under construction.

    “Regarding the special economic zone throughout the Kursk region, I like these ideas,” Russian media quotes V. Putin as saying at a meeting with municipal leaders.

    This is the first visit of the Russian leader to the region after the complete liberation of the Kursk region from the invasion of the Ukrainian armed forces. During the trip to the Kursk region, the Russian president met with volunteers and promised that the residents of the Kursk region, who were forced to leave their land and their homes due to the invasion of the Ukrainian Armed Forces, will definitely return home, but first, demining must be carried out there.

    V. Putin said that he had discussed this issue at meetings both in Moscow and during a trip to the Kursk region. “But we need to ensure security. And this is primarily related to demining the territories,” he said. –0–

    MIL OSI Russia News

  • MIL-OSI Security: San Diego Man Charged with Smuggling Exotic Live Birds

    Source: Office of United States Attorneys

    SAN DIEGO – Ricardo Alonzo of San Diego appeared in federal court today to face charges that he smuggled 17 exotic birds into the United States from Mexico under the seat of his car.

    According to a complaint, Alonzo was the driver and registered owner of a vehicle that was intercepted by U.S. Customs and Border Protection officers at the San Ysidro Port of Entry. Officers found four bags containing 10 Burrowing Parakeets, five Yellow-Crowned Amazon Parrots, and two Red-Lored Amazon Parrots underneath the rear seat. The two Red-Lored Amazon Parrot chicks did not survive; the surviving birds were transferred to a quarantine facility managed by the U.S. Department of Agriculture.

    “Trafficking exotic birds isn’t just illegal — it’s cruel and dangerous,” said U.S. Attorney Adam Gordon. “These actions put the lives of helpless animals at risk and expose the public and other animals to serious diseases.”

    “This charge underscores our unwavering commitment to protecting vulnerable wildlife and holding traffickers accountable for their crimes,” said Shawn Gibson, special agent in charge of HSI San Diego. “We are grateful to our dedicated law enforcement partners whose collaboration was instrumental in bringing this individual to justice.”

    According to the U.S.  Fish and Wildlife Service, Amazon parrots are native to Mexico, the West Indies, and northern South America, while Burrowing Parakeets are local to Chile and Argentina.  All 30-some species of Amazon parrots, as well as the Burrowing Parakeets, are listed on either Appendix I or Appendix II of the Convention on International Trade in Endangered Species of Wild Flora and Fauna (“CITES”).

    The successful smuggling of undeclared Amazon parrots and Burrowing Parakeets into the U.S. means no quarantine period or process. This would be dangerous to the United States as birds can carry and spread Avian influenza (bird flu), psittacosis, and histoplasmosis. Bird flu is highly contagious and can cause flu like symptoms, respiratory illness, pneumonia and death in humans and other birds including birds in United States poultry farms. Quarantining animals entering the United States is intended to safeguard against this potential disease transmission.

    This case is being prosecuted by Assistant U.S. Attorney Parker Gardner-Erickson.

    DEFENDANT                                                             Case Number 25mj2712-VET                                 

    Ricardo Alonzo                                               Age: 26                                   San Diego, CA

    SUMMARY OF CHARGES

    Importation Contrary to Law – Title 18, U.S.C., Section 545

    Maximum penalty: Twenty years in prison and $250,000 fine

    INVESTIGATING AGENCIES

    U.S. Fish and Wildlife Service

    Homeland Security Investigations

    *The charges and allegations contained in an indictment or complaint are merely accusations, and the defendants are considered innocent unless and until proven guilty.

    MIL Security OSI

  • MIL-OSI: Oma Savings Bank Plc – Managers’ transactions – Rissanen

    Source: GlobeNewswire (MIL-OSI)

    OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE 21 MAY 2025 AT 11.40. A.M. EET, MANAGERS’ TRANSACTIONS

    Oma Savings Bank Plc – Managers’ transactions – Rissanen
    ____________________________________________

    Person subject to the notification requirement
    Name: Rissanen, Ville
    Position: Other senior manager
    Issuer: Oma Savings Bank Plc
    LEI: 743700LE1ECAPXC5UT18

    Notification type: INITIAL NOTIFICATION
    Reference number: 743700LE1ECAPXC5UT18_20250509141654_46
    ____________________________________________

    Transaction date: 2025-05-21
    Venue not applicable
    Instrument type: SHARE
    ISIN: FI4000306733
    Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE

    Transaction details
    (1): Volume: 545 Unit price: 0.00 EUR

    Aggregated transactions
    (1): Volume: 545 Volume weighted average price: 0.00 EUR

    Oma Savings Bank Plc

    Additional information:
    Karri Alameri, CEO, tel. +358 45 656 5250, karri.alameri@omasp.fi

    DISTRIBUTION: 
    Nasdaq Helsinki Ltd
    Major media
    www.omasp.fi

    OmaSp is a solvent and profitable Finnish bank. About 500 professionals provide nationwide services through OmaSp’s 48 branch offices and digital service channels to over 200,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners’ products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations.

    OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer-oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in OmaSp.

    The MIL Network

  • MIL-OSI: Form 8.3 – Renold plc

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: Jupiter Fund Management Plc
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
     
    (c)   Name of Offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    Renold plc
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
    (e)   Date position held:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    20th May 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    No

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 5p ordinary
      Interests Short positions
      Number % Number %
    (1)   Relevant securities owned and/or controlled: 22,776,962 10.10%    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        

            TOTAL:

    22,776,962 10.10%    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists: None
    Details, including nature of the rights concerned and relevant percentages: None

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    N/A      

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    NONE        
             

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option
    Exercising/ exercised against Number of securities Exercise price per unit
    NONE        

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
    None      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 21st May 2025
    Contact name: Claire Rodway
    Telephone number: 0203 817 1441

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

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