Category: CTF

  • MIL-OSI Asia-Pac: China National Peking Opera Company to perform new and classic Peking opera plays in Hong Kong in June (with photos)

    Source: Hong Kong Government special administrative region

    China National Peking Opera Company to perform new and classic Peking opera plays in Hong Kong in June  
    “Cession for Consolidation of the Song Regime”
    ———————————————————————————————–
    Date and time: June 20 (Friday), 7.30pm

         Two years in the making of “Cession for Consolidation of the Song Regime”, the production recounts the historical story of Qian Chu, King of Wuyue during the late Five Dynasties and Ten Kingdoms period, who deferred to historical tides and his allegiance to the rightful rule. The China National Peking Opera Company preserves traditions while embracing innovation, and has crafted this production with a firm grounding in the core aesthetics of Peking opera, employing its signature abstract and symbolic conventions to evoke a magnificent chapter showing a wise king who values his people, pursues peace and stability, demonstrating the communal spirit pertaining to the Chinese national identity. The stellar cast is led by Peking opera star duo Yu Kuizhi, known as “China’s No 1 laosheng (old male role)”, and Li Shengsu, celebrated qingyi (virtuous female) role artist of the Mei (Lanfang) School and joined by the Company’s finest established artists and promising young talents, to illustrate the spirit and historical roots of the Chinese nation through the artistry of Peking opera in the new era.
     
    “A Meeting of Heroes, Invoking the East Wind and The Huarong Pass”
    ———————————————————————————————–
    Date and time: June 21 (Saturday), 7.30pm 
    “The Legend of the White Snake”
    ———————————————————————————————–
    Date and time: June 22 (Sunday), 7.30pm
     
         Another classic, “The Legend of the White Snake”, a timeless love story between the immortal and the mortal, is still popular today. This production highlights the characters, visuals and technical artistry in major scenes – the excerpt “At the Lake” creates an idyllic moment and love emotions with misty waves during a boat trip; “Fighting on the Water” uses numerous wavering flags to simulate the water that floods the Jinshan Temple; and “On Broken Bridge” brings out Bai Suzhen (Lady White Snake)’s woes and heartbreak through exquisite vocal delivery. Meanwhile, the role of Bai will be shared by Li Shengsu and outstanding young performer Zhu Hong, embodying the mission to pass on, preserve and promote the artistry of Peking opera.
     
         The China National Peking Opera Company was founded in 1955, with the Peking opera legend, Maestro Mei Lanfang, as its founding director. Over the past seven decades, the Company has brought together many talented professionals in Peking opera, and has upheld the legacy while diligently creating new works. It promotes the excellent traditional Chinese culture through Peking opera and fosters cultural exchanges between China and other countries. The above-mentioned performances offer audiences a perfect blend of contemporary creativity and traditional mastery, and showcase the Company’s 70th anniversary achievement in preserving and advancing the artistry of Peking opera.
     
         The three performances will be held at the Grand Theatre of Hong Kong Cultural Centre. Lyrics and dialogue are with Chinese and English surtitles. Tickets priced at $260, $360, $460 and $560 are now available at URBTIX (www.urbtix.hk 
         The programme will also feature a meet-the-artists session (in Putonghua and Cantonese) entitled “The Legacy and Development of Peking Opera” to be held at 7.30pm on June 19 (Thursday) at AC2, Level 4, Administration Building, Hong Kong Cultural Centre. The speakers include Yu Kuizhi and Li Shengsu, while Chinese opera researcher Hu Guangming will be the moderator. Also, a backstage tour (in Putonghua with Cantonese interpretation) will be held on June 21 (Saturday) at 3.30pm at the Backstage of the Grand Theatre of Hong Kong Cultural Centre. Admission is free and online registration is required for both activities (
    www.lcsd.gov.hk/CE/CulturalService/Programme/en/chinese_opera/programs_1839.html#tab_13_0
         In addition, a demonstration performance of Peking opera will be held on June 22 (Sunday) at 3.30pm at the Foyer of the Hong Kong Cultural Centre. Zhang Xinxin and Wang Xuesong from the China National Peking Opera Company will perform extracts of “Chasing the Boat on the Autumn River”. Admission is free. Members of the public are welcome to watch the performance on-site.
     
         The CCF, presented by the Culture, Sports and Tourism Bureau and organised by the Chinese Culture Promotion Office under the LCSD, aims to promote Chinese culture and enhance the public’s national identity and cultural confidence. It also aims to attract top-notch artists and arts groups from both the Mainland and other parts of the world for exchanges in Chinese arts and culture. The CCF 2025 will be held from June to September. Through different performing arts programmes in various forms and related extension activities, including selected programmes of the COF, “Tan Dun WE-Festival”, film screenings, exhibitions, as well as community and school activities and more, the festival provides members of the public and visitors with more opportunities to enjoy distinctive programmes that showcase fine traditional Chinese culture, thereby facilitating patriotic education and contributing to the inheritance, transformation and development of traditional Chinese culture in Hong Kong. For more information about programmes and activities of the CCF 2025, please visit 
    www.ccf.gov.hkIssued at HKT 15:25

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Auction of vehicle registration marks to be held on June 7

    Source: Hong Kong Government special administrative region

    The Transport Department (TD) today (May 20) announced that the auction of vehicle registration marks will be held on June 7 (Saturday) at Meeting Room N101, L1, New Wing, Hong Kong Convention and Exhibition Centre, Wan Chai.

    “A total of 120 personalised vehicle registration marks (PVRMs) will be put up for public auction in the morning session, and 200 traditional vehicle registration marks (TVRMs) will be put up for auction in the afternoon session. The list of marks has been uploaded to the department’s website, www.td.gov.hk/en/public_services/vehicle_registration_mark/index.html,” a department spokesman said.

    For the auction of TVRMs, only registration marks starting with “HK” or “XX” and special vehicle registration marks are put up for physical auction. Applicants should attend the auction and take note of the opening price as announced by the auctioneer before participating in the bidding of the mark.

    The reserve price of each of PVRMs is $5,000. Applicants who have paid a deposit of $5,000 should also attend the physical auction and participate in the bidding (including the first bid at the reserve price). Otherwise, the PVRM concerned may be sold to another bidder at the reserve price.

    People who wish to participate in the bidding at the physical auction should take note of the following points:

    (1) Bidders are required to produce the following documents for completion of registration and payment procedures immediately after the successful bidding:

    (i) the identity document of the successful bidder;
    (ii) the identity document of the purchaser if it is different from the successful bidder;
    (iii) a copy of the Certificate of Incorporation if the purchaser is a body corporate; and
    (iv) a crossed cheque payable to “The Government of the Hong Kong Special Administrative Region” or “The Government of the HKSAR”. Any bidder who wishes to bid for both TVRMs and PVRMs on the same day, should bring along at least two crossed cheques for payment of auction prices (for an auctioned mark paid for by cheque, the first three working days after the date of auction will be required for cheque clearance confirmation before processing of the application for mark assignment can be completed). Successful bidders may also pay through the Easy Pay System (EPS), but are reminded to note the maximum transfer amount in the same day of the payment card. Payment by post-dated cheque, cash, credit card or other methods will not be accepted.

    (2) Purchasers must make payment of the purchase price through EPS or by crossed cheque and complete the Memorandum of Sale of Vehicle Registration Mark or the Memorandum of Sale of PVRM immediately after the bidding. Subsequent alteration of the particulars in the Memorandum will not be permitted.

    (3) A registration mark can only be assigned to a motor vehicle which is registered in the name of the purchaser. The Certificate of Incorporation must be produced immediately by the purchaser if a vehicle registration mark purchased is to be registered under the name of a body corporate.

    (4) The display of a vehicle registration mark on a motor vehicle should be in compliance with the requirements stipulated in Schedule 4 to the Road Traffic (Registration and Licensing of Vehicles) Regulations.

    (5) Any change to the arrangement of letters, numerals and blank spaces of a PVRM, i.e. single and two rows as auctioned, will not be allowed.

    (6) Special vehicle registration marks are non-transferable. Where the ownership of a motor vehicle with a special vehicle registration mark is transferred, the allocation of the special vehicle registration mark shall be cancelled.

    (7) The purchaser shall, within 12 months after the date of auction, apply to the Commissioner for Transport for the vehicle registration mark to be assigned to a motor vehicle registered in the name of the purchaser. If the purchaser fails to assign the registration mark within 12 months, allocation of the registration mark will be cancelled and arranged for reallocation by the Commissioner for Transport in accordance with the statutory provision without prior notice to the purchaser.

    “Upon completion of the Memorandum of Sale of PVRM, the purchaser will be issued a receipt and a Certificate of Allocation of Personalised Registration Mark. The Certificate of Allocation will serve to prove the holdership of the PVRM. Potential buyers of vehicles bearing a PVRM should check the Certificate of Allocation with the sellers and pay attention to the details therein. For transfer of vehicle ownership, this certificate together with other required documents should be sent to the TD for processing,” the spokesman added.

    For other auction details, please refer to the Guidance Notes – Auction of TVRMs (www.td.gov.hk/en/public_services/vehicle_registration_mark/tvrm_auction/index.html) and Guidance Notes – Auction of PVRMs (www.td.gov.hk/en/public_services/vehicle_registration_mark/pvrm_auction/index.html).

    MIL OSI Asia Pacific News

  • MIL-Evening Report: The government wants to contain NDIS growth. But ineligible people with disability also need support

    Source: The Conversation (Au and NZ) – By Helen Dickinson, Professor, Public Service Research, UNSW Sydney

    PeopleImages.com – Yuri A/Shutterstock

    Ensuring the provision of high quality disability services will pose a significant challenge for the Albanese government’s second term.

    The National Disability Insurance Scheme (NDIS) cost A$43.9 billion in 2023–24 and is one of the fastest growing pressures on the federal budget.

    As the government seeks to moderate growth of the scheme budget, some NDIS participants are finding they are no longer eligible for the scheme.

    The problem is, the supports they’re supposed to be able to access instead aren’t yet in place – or don’t exist.

    Containing growth

    Concerns have been mounting for some years about the NDIS’s growing budget. In 2024, National Cabinet set a target of moderating annual growth to 8%. If met, the scheme will still grow to $58 billion by 2028.

    The previous government attempted to limit its annual growth through legislative changes and a focus on weeding out fraud.




    Read more:
    The NDIS reform bill has been passed – will it get things ‘back on track’ for people with disability?


    But there have been a number of reports in recent months of the National Disability Insurance Agency (NDIA) reassessing eligibility of NDIS participants to determine whether their supports are most appropriately paid for by the scheme.

    If individuals are unable to provide evidence within 28 days they may lose their funding. This can be a challenge to get if participants need to see a clinical professional to gather evidence.

    One group particularly impacted by eligibility reassessments are children. Some participants report being told they are no longer eligible for NDIS funding and should instead seek supports from other mainstream services such as health or education.

    But all too often, parents find these services don’t fund the necessary supports, leaving them to either fund this themselves or have their child go without.

    If opportunities for early intervention are missed, they may require more intensive and expensive supports in future.

    What are foundational supports?

    The NDIS was never intended to provide services to all people with disability. About 86% of disabled Australians do not have NDIS plans.

    But this doesn’t mean that people with disability who are not on the NDIS don’t also have support needs.

    New research found people with disability who were not NDIS participants had high levels of need for assistance for tasks of daily living including transport, cognitive and emotional tasks, mobility and household chores.

    These supports aren’t usually provided in the health system, but similar supports are provided through aged care.

    The NDIS review argued a lack of accessible and inclusive mainstream services for people with disability meant people were being pushed into the NDIS as their only potential source of support.

    A key recommendation of the NDIS review was states and territories should provide “foundational supports”.

    Foundational supports are split into two categories. General foundational supports includes things such as peer support, improving self-advocacy skills, and information and advice.

    Targeted supports include shopping and cleaning for those not eligible for the NDIS. Supports are aimed at particular groups such as those with psychosocial disability (from a mental disorder), families of children with developmental delay, and transition supports for young people preparing for employment and independent living.

    Foundational supports are supposed to be available from July of this year so people with disability who aren’t eligible for the NDIS can access support without having to join the scheme.

    But people who are reassessed as ineligible for the scheme are having their funding cut before these foundational supports have been established, leaving a worrying gap.




    Read more:
    States agreed to share foundational support costs. So why the backlash against NDIS reforms now?


    There is currently significant confusion in the disability community about what foundational supports will look like and who will be able to access these.

    What is clear is there is significant unmet need for people with disability outside of the scheme and this might lead to a deterioration of functioning among those in this group and potentially burnout of informal carers.

    Getting foundational supports right will be a key point of negotiation between federal and state and territory governments if people with disability are to be supported appropriately and the NDIS is to be sustainable.

    New ministers and ministries

    The new government has moved responsibility for the NDIS from the Department of Social Services into the new Department of Health, Disability and Ageing led by Mark Butler.

    While Butler will sit in Cabinet, Jenny McAllister has been appointed to the outer ministry as Minister for the National Disability Insurance Scheme.

    The shift of the NDIS to this portfolio has raised concerns among the disability community that it might not be a priority in an government department that also deals with health and aged care.

    There are further concerns this move might medicalise how disability is seen. This would go against the human rights basis of the NDIS, where issues of choice and control are crucial.

    The ministerial and departmental restructures do present new opportunities to harmonise services for people with disability.

    Currently health, disability and aged care are competing to attract similar workforces across allied health, aged care and disability support. A cross-sector approach to workforce planning could be streamlined if it is the responsibility of one department.

    Without this, we risk putting more pressure on the NDIS and leaving people with disability not on the NDIS without the supports they need.

    The government’s ministerial and departmental restructure will likely further delay the implementation of foundational supports. Given the breadth of responsibilities of the health, disability and aged care portfolio, other policies – and election promises – might take precedence over work on foundational supports.

    Helen Dickinson receives funding from ARC, NHMRC and Department of Social Services

    Anne Kavanagh receives funding from the ARC, NHMRC, MRFF, MS Australia and the Australian government.

    ref. The government wants to contain NDIS growth. But ineligible people with disability also need support – https://theconversation.com/the-government-wants-to-contain-ndis-growth-but-ineligible-people-with-disability-also-need-support-256236

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Russia: More than half of Lithuanians do not trust Washington’s mediation efforts to end the Russia-Ukraine conflict – poll

    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

    VILNIUS, May 20 (Xinhua) — More than half of Lithuanians said they do not trust Washington’s mediation efforts to end the Russia-Ukraine conflict, according to a survey conducted by the Vilmorus public opinion and market research center commissioned by BNS.

    As reported by BNS on Monday, 52.3 percent of respondents completely or somewhat distrust the role of the United States in peace talks. Only 23.3 percent expressed complete or some confidence in Washington’s mediation efforts.

    The Chairman of the Foreign Affairs Committee of the Lithuanian Seimas, a member of the Social Democratic Party, Remigijus Motuzas, explained the growing skepticism by unmet public expectations. “It is clear that Lithuanians hoped for faster actions and results. It was promised that the war would end within 100 days, then we heard that there would be negotiations, and so on. The latest negotiations in Istanbul, for example, did not live up to these hopes and increased mistrust,” he noted.

    Ukraine’s supporters were further disappointed in March when, following a public confrontation between US President Donald Trump and Ukrainian President Volodymyr Zelensky at the White House, Washington suspended military aid to Kyiv.

    In addition, the Global Democracy Perception Index 2025, released this week, showed a decline in the global status of the United States. According to BNS, the share of countries where the United States is viewed more positively than negatively has fallen from 76 percent to 45 percent. –0–

    MIL OSI Russia News

  • MIL-OSI Russia: Moscow is ready to work with Kyiv on a memorandum on a future peace treaty – V. Putin

    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

    Moscow, May 20 /Xinhua/ — Russia is ready to work with Ukraine on a memorandum on a future peace treaty, which may also include issues of a ceasefire and principles for resolving the conflict, Russian President Vladimir Putin told reporters following a telephone conversation with US President Donald Trump.

    “Russia will propose and is ready to work with the Ukrainian side on a memorandum on a possible future peace treaty with the definition of a number of positions. Such as, for example, the principles of settlement, the timing of a possible peace agreement, and so on, including a possible ceasefire for a certain period if the relevant agreements are reached,” he said. –0–

    MIL OSI Russia News

  • MIL-OSI Russia: Uranium enrichment in Iran is not subject to discussion – MFA

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    TEHRAN, May 20 (Xinhua) — Uranium enrichment in Iran is non-negotiable, Foreign Ministry spokesman Esmail Baghaei said at a weekly press conference on Monday, commenting on the remarks by U.S. Special Presidential Envoy for the Middle East Steven Witkoff.

    “We have one very, very clear red line and that is enrichment, and we cannot allow [Iran] to have even one percent of the enrichment capability,” he said in an interview with the American television channel ABC News on Sunday.

    “We are not asking anyone for permission to enrich uranium on Iranian territory, and the United States is not in a position to give or not give permission to any country with respect to this right provided for in the Treaty on the Non-Proliferation of Nuclear Weapons (NPT),” said E. Baghaei.

    To claim that any country that wants to enrich uranium has non-peaceful purposes is a “deliberate misconception” aimed at distorting public opinion, he stressed. “There are states that enrich uranium but do not possess nuclear weapons,” the diplomat added.

    After each round of indirect talks with the US, Iran “feels that progress has been made and we at least understand each other’s points of view, but unfortunately, upon arrival in Washington, the American side expresses different positions,” noted E. Baghaei. –0–

    MIL OSI Russia News

  • MIL-OSI Russia: China’s commercial banks have cut interest rates on deposits

    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 20 (Xinhua) — China’s top commercial banks on Tuesday announced the first cut in deposit interest rates in 2025.

    The interest rate on one-year term deposits has been cut by 15 basis points to 0.95 percent, according to reports from the Industrial and Commercial Bank of China, Bank of China, China Construction Bank, Agricultural Bank of China and China Merchants Bank.

    After adjustment, the rates on term deposits for two years, three years and five years are 1.05%, 1.25% and 1.3%, respectively.

    Prior to this, commercial banks reduced interest rates on deposits twice, in July and October last year.

    Also on Tuesday, China cut its benchmark lending rates: The benchmark interest rate (LPR) for one-year loans fell to 3 percent from 3.1 percent, and the LPR for loans longer than five years, which many lenders use to set their mortgage rates, was cut to 3.5 percent from 3.6 percent. -0-

    MIL OSI Russia News

  • Chhagan Bhujbal sworn in as minister in Maharashtra Cabinet

    Source: Government of India

    Source: Government of India (4)

    Senior Nationalist Congress Party (NCP) leader Chhagan Bhujbal took oath as a minister in the Mahayuti-led Maharashtra government on Tuesday morning at Raj Bhavan in Mumbai.

    The swearing-in ceremony was attended by Maharashtra Chief Minister Devendra Fadnavis and Governor C.P. Radhakrishnan, who administered the oath to Bhujbal. Deputy Chief Ministers Eknath Shinde and Ajit Pawar, along with several prominent ministers from the Mahayuti government, were also present.

    Speaking about Bhujbal’s induction, Deputy Chief Minister Shinde highlighted his prior experience as a minister and expressed confidence that Bhujbal’s extensive political experience would prove beneficial for the state. He added that Chief Minister Fadnavis would determine Bhujbal’s portfolio. Shinde also noted that Bhujbal had started his political journey with the Shiv Sena, where he had been a dedicated Shiv Sainik under the leadership of Bal Thackeray.

    “Chhagan Bhujbal has previously served as a minister, leading various departments. His experience will undoubtedly benefit the Maharashtra government. He has held several important positions, from corporator to mayor, and has been an MLA and a minister. His extensive experience will be an asset to the government,” Shinde told ANI.

    Earlier, Maharashtra Minister and State BJP President Chandrashekhar Bawankule welcomed Bhujbal’s inclusion in the state cabinet, saying that the appointment would strengthen the government. “Chhagan Bhujbal is a prominent OBC leader, and his presence in the cabinet will play a crucial role in achieving the goal of ‘Viksit Maharashtra,’” Bawankule said.

    Bhujbal, the MLA from Yeola in Nashik district, has previously held key positions in various Maharashtra governments. Notably, he served as the fifth Deputy Chief Minister of the state from 1999 to 2003.

    (With agency inputs)

  • Wall collapse, electrocution kill three in rain-hit Bengaluru

    Source: Government of India

    Source: Government of India (4)

    Three people, including a nine-year-old boy, were killed in rain-related incidents on Monday following heavy rainfall in Bengaluru.

    Shashikala, an employee of a private company, succumbed to injuries after a wet compound wall suddenly collapsed on her in Whitefield on Monday morning. She was walking towards Channasandra when the wall gave way and fell on her, resulting in her death.

    In another incident, two people, including a young boy, died of electrocution in BTM Layout on Monday evening.

    The deceased have been identified as 55-year-old Manohar Kamat and nine-year-old Dinesh, a native of Nepal. According to police, both were electrocuted while attempting to pump rainwater out of an apartment basement using a motor.

    The incident occurred at Madhuvana Apartments located in N.S. Palya, 2nd Stage, BTM Layout. Mico Layout police rushed to the spot and shifted the victims to St. John’s Hospital.

    Bengaluru recorded 132 mm of rainfall on Sunday night. The Meteorological Department has predicted heavy rain for Monday night (May 19) and May 20 as well.

    Several software companies in Bengaluru have advised employees to work from home due to worsening traffic conditions. Authorities remain on high alert as the situation develops.

    (IANS)

  • MIL-OSI Security: Teenager jailed for life for stabbing man to death

    Source: United Kingdom London Metropolitan Police

    A teenager has been jailed for killing a 36-year-old man in Brent, following a Met Police investigation.

    Kevin Kelenda, 18 (05.02.07) of Kenton Park Crescent, Harrow was sentenced on Monday, 19 May at Wood Green Crown Court to life imprisonment to serve a minimum of 17 years.

    He was also given an 18-month detention and training order for possession of a pointed and bladed article.

    A murder investigation was launched after Tyrone Pinnock was fatally stabbed in October 2023. Through forensic examination and analysis of CCTV, detectives quickly identified Kelenda as the suspect. The court heard he was seen standing on Kensal Rise before following Tyrone and confronting him.

    Officers were then able to prove that Kelenda produced a lock knife and stabbed Tyrone in the chest. It is still unclear what Kelenda’s motive was.

    Detective Chief Inspector Phil Clarke, who led the Met’s investigation, said: “Tyrone was killed in a brutal cold-blooded assault which lasted seconds, but was so severe he died at the scene.

    “Our thoughts remain as always with Tyrone’s friends and family as they move forward with their lives, safe in the knowledge that Kelenda is behind bars where he belongs.”

    Kelenda was found guilty of Tyrone’s murder at the same court on Friday, 28 March.

    He had already pleaded guilty to having a knife in a public space on Friday, 13 December.

    At 18:42hrs on Thursday, 19 October 2023, a police car was flagged down by a member of the public who had found Tyrone with stab injuries on Kensal Road, W10.

    Officers carried out first aid and called for support from paramedics from the London Ambulance Service, however, sadly he died at the scene.

    His family continue to be supported by specially trained officers.

    Kelenda was arrested on Wednesday, 25 October 2023. He was charged on Friday, 27 October 2023 with Tyrone’s murder.

    MIL Security OSI

  • MIL-OSI Asia-Pac: Lo Chung-mau attends WHO event

    Source: Hong Kong Information Services

    Secretary for Health Prof Lo Chung-mau yesterday attended the start of the 78th World Health Assembly, the decision-making forum of the World Health Organization (WHO), in Geneva, Switzerland.

    Matters being discussed at this year’s assembly include universal health coverage, prevention and control of non-communicable diseases, antimicrobial resistance, health emergency preparedness, mental health, standardisation of medical device nomenclature, and international health regulations.

    Prof Lo is attending the assembly as a member of the Chinese delegation. At a plenary session on the opening day, Minister of the National Health Commission (NHC) Lei Haichao delivered a speech on healthcare developments on the Mainland.

    In addition to attending the plenary session, Prof Lo participated in a side meeting involving the WHO’s Director of Global HIV, Hepatitis & Sexually Transmitted Infections Programmes Meg Doherty.

    The meeting included a discussion of work to eliminate mother-to-child transmission of Human Immunodeficiency Virus (HIV), syphilis and hepatitis B, also known as “triple elimination”.

    Professor Lo outlined that the Hong Kong Special Administrative Region Government has undertaken “triple elimination” work according to the WHO’s guidance, and may submit a request for validation of “triple elimination” to the WHO this year.

    “We will maintain close communication with the Regional Office for the Western Pacific Regional Validation Secretariat to push forward the relevant progress,” he said.

    During a meeting with the WHO’s acting Assistant Director-General, Antimicrobial Resistance Yukiko Nakatani, Prof Lo stressed that the Hong Kong SAR Government takes the threat posed by antimicrobial resistance extremely seriously and has launched two editions of a strategy and action plan, the most recent being published in 2022.

    “A series of corresponding prevention and control measures have been implemented across different sectors to curb the spread of antimicrobial resistance under the framework of ‘One Health’, including surveillance, optimising the use of antimicrobials, health education and training.”

    The health chief also met Permanent Secretary (Policy & Development) of Singapore’s Ministry of Health Lai Wei Lin to discuss communicable disease prevention and surveillance, epidemiological investigations, responses to communicable diseases with significant public health impacts, actions to combat antimicrobial resistance, and regulation of drugs and medical devices.

    Professor Lo said: “We eagerly anticipate further synergising the efforts and sharing the best practices of the two places to bolster public health protection and promote medical innovation to deepen the reform of the medical and healthcare system.”

    In the evening, Professor Lo attended a side event cohosted by the NHC and the health authorities of Ethiopia, Peru, Tanzania and Thailand. The event was moderated by Dean of the Vanke School of Public Health of the Tsinghua University Prof Margaret Chan, with Mr Lei delivering a keynote speech.

    Upon arriving in Geneva on Sunday, Professor Lo met Mr Lei and Ambassador Extraordinary & Plenipotentiary, Permanent Representative of the People’s Republic of China to the UN Office at Geneva and other International Organizations in Switzerland Chen Xu to discuss healthcare developments in the Mainland and Hong Kong as well as Hong Kong’s participation in WHO work.

    MIL OSI Asia Pacific News

  • MIL-OSI: Closed Period Notification

    Source: GlobeNewswire (MIL-OSI)

    20 May 2025

    HARGREAVE HALE AIM VCT PLC
    (the “Company”)

    Closed Period Notification

    In accordance with the Market Abuse Regulation the Company announces that, with effect from 20 May 2025, it will be in a closed period, which will remain in place until the Company’s half year results for the six months ended 31 March 2025 are published on or around 19 June 2025.

    The Company is satisfied that any inside information which the Directors or the Company may have during the closed period has previously been, and will continue to be, notified to a regulatory information service. The Company is therefore not prohibited from repurchasing its own securities, or issuing new securities, during this closed period.

    If in the period leading up to the announcement of the half year results the Directors of the Company come into the possession of any inside information, this will be notified to the London Stock Exchange without delay and before any such transactions are undertaken.    

    END

    For further information, please contact:

    JTC (UK) Limited
    Uloma Adighibe
    Alexandria Tivey
    HHV.CoSec@jtcgroup.com
    +44 203 832 3877
    +44 203 832 3891

    LEI: 213800LRYA19A69SIT31        

    The MIL Network

  • MIL-OSI: Falcon Oil & Gas Ltd. – Filing of Interim Financial Statements

    Source: GlobeNewswire (MIL-OSI)

    FALCON OIL & GAS LTD.

    (“Falcon)

    Filing of Interim Financial Statements

    20 May 2025 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) announces that it has filed its interim financial statements for the three months ended 31 March 2025 and the accompanying Management’s Discussion and Analysis (“MD&A”).

    The following should be read in conjunction with the complete unaudited unreviewed interim financial statements and the accompanying MD&A for the three months ended 31 March 2025, which are available on the Canadian System for Electronic Document Analysis and Retrieval (“SEDAR+”) at www.sedarplus.ca and on Falcon’s website at www.falconoilandgas.com.

    Q1 2025 Financial Highlights

    • Debt free with cash of $6.9 million at 31 March 2025 (31 December 2024: $6.8 million).
    • Continued focus on strict cost management and efficient operation of the portfolio.

    Ends.

    For further information, please contact:

    CONTACT DETAILS:

    Falcon Oil & Gas Ltd.          +353 1 676 8702
    Philip O’Quigley, CEO +353 87 814 7042
    Anne Flynn, CFO +353 1 676 9162
     
    Cavendish Capital Markets Limited (NOMAD & Broker)
    Neil McDonald / Adam Rae +44 131 220 9771
       

    Falcon Oil & Gas Ltd.
    Interim Condensed Consolidated Statement of Operations and Comprehensive Loss
    (Unaudited)

          Three months ended
    31 March 2025
    $’000
    Three months ended
    31 March 2024
    $’000
       
                 
    Revenue            
    Oil and natural gas revenue        
             
                 
    Expenses            
    Exploration and evaluation expenses     (40) (44)    
    General and administrative expenses     (491) (528)    
    Foreign exchange gain     77 120    
          (454) (452)    
                 
    Results from operating activities     (454) (452)    
                 
    Finance income     98 8    
    Finance expense     (141) (362)    
    Net finance expense     (43) (354)    
                 
    Loss and comprehensive loss for the period     (497) (806)    
                 
    Loss and comprehensive loss attributable to:            
                 
    Equity holders of the company     (497) (804)    
    Non-controlling interests     (2)    
                 
    Loss and comprehensive loss for the period     (497) (806)    
                 
             
    Loss per share attributable to equity holders of the company:        
                 
    Basic and diluted     ($0.000) ($0.001)    

    Falcon Oil & Gas Ltd.
    Interim Condensed Consolidated Statement of Financial Position
    (Unaudited)

        At 31 March
    2025
    $’000
    At 31 December
    2024
    $’000
           
    Assets      
    Non-current assets      
    Exploration and evaluation assets   53,347 50,291
    Accounts receivable   56 56
    Restricted cash   2,123 2,040
        55,526 52,387
           
    Current assets      
    Cash and cash equivalents   6,896 6,823
    Accounts receivable   139 3,031
        7,035 9,854
           
    Total assets   62,561 62,241
           
    Equity and liabilities      
           
    Equity attributable to owners of the parent      
    Share capital   406,684 406,684
    Contributed surplus   47,446 47,446
    Deficit   (410,652) (410,155)
        43,478 43,975
    Non-controlling interests   690 690
    Total equity   44,168 44,665
           
    Liabilities       
    Non-current liabilities      
    Decommissioning provision   16,751 16,587
        16,751 16,587
           
    Current liabilities      
    Accounts payable and accrued expenses   1,642 989
        1,642 989
           
    Total liabilities   18,393 17,576
           
    Total equity and liabilities   62,561 62,241

    Falcon Oil & Gas Ltd.
    Interim Condensed Consolidated Statement of Cash Flows
    (Unaudited)

        Three months ended 31 March
        2025
    $’000
    2024
    $’000
           
    Cash flows from operating activities      
    Net loss for the period   (497) (806)
    Adjustments for:      
    Share based compensation   36
    Depreciation   1
    Net finance expense   43 354
    Effect of exchange rates on operating activities   (77) (120)
    Change in non-cash working capital:      
    Increase in accounts receivable   (110) (83)
    Increase in accounts payable and accrued expenses   19 7
    Net cash used in operating activities   (622) (611)
           
    Cash flows from investing activities      
    Interest received   8 8
    Exploration and evaluation assets   (2,384) (2,869)
    Legacy exploration permit bonds refund   19
    R&D Tax incentive refund   2,962
    Net cash generated by / (used in) investing activities   605 (2,861)
           
    Change in cash and cash equivalents   (17) (3,472)
    Effect of exchange rates on cash and cash equivalents   90 (231)
           
    Cash and cash equivalents at beginning of period   6,823 7,992
           
    Cash and cash equivalents at end of period   6,896 4,289

    All dollar amounts in this document are in United States dollars “$”, except as otherwise indicated.

    About Falcon Oil & Gas Ltd.

    Falcon Oil & Gas Ltd is an international oil & gas company engaged in the exploration and development of unconventional oil and gas assets, with the current portfolio focused in Australia, South Africa and Hungary. Falcon Oil & Gas Ltd is incorporated in British Columbia, Canada and headquartered in Dublin, Ireland.

    For further information on Falcon Oil & Gas Ltd. please visit www.falconoilandgas.com

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    Certain information in this press release may constitute forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Falcon assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to Falcon. Additional information identifying risks and uncertainties is contained in Falcon’s filings with the Canadian securities regulators, which filings are available at www.sedarplus.ca.

    Attachment

    The MIL Network

  • MIL-OSI: Societe Generale launches a new global employee share ownership programme

    Source: GlobeNewswire (MIL-OSI)

    SOCIETE GENERALE LAUNCHES A NEW GLOBAL EMPLOYEE SHARE OWNERSHIP PROGRAMME

    Press release

    Paris, 20 May 2025

    Societe Generale confirms the launch of a new global employee share ownership programme allowing eligible employees and retired former employees of the Group to subscribe for a capital increase reserved for them on preferential terms. The subscription period for the share offer will take place from 2 to 16 June (inclusive).

    The settlement-delivery of the shares should take place on 24 July 2025.

    The terms of this transaction are described in the information document provided below.

    This transaction implements the 27th resolution of the General Meeting held on 22 May 2024. The principle of this operation, approved by the Board of Directors on 5 February 2025, was made public in page 15 of the Board of Directors’ report on the resolutions submitted to the General Meeting of 20 May 2025 and, before that, in the table of financial authorisations provided in section 3.1.7 of the Universal Registration Document dated 12 March 2025 which has been updated, on pages 58 to 59 of the Convening Brochure, relating to the General Meeting of 20 May 2025, which was published on 14 April 2025.

    Employee share ownership is a long-term collective commitment mechanism regularly implemented within Societe Generale to involve employees in the development of the company and to enable them to benefit from long-term value creation.

    The 2025 programme is the 32nd offered by the Group.

    Press contacts:
    Jean-Baptiste Froville_+33 1 58 98 68 00_ jean-baptiste.froville@socgen.com
    Fanny Rouby_+33 1 57 29 11 12_ fanny.rouby@socgen.com

    20 May 2025

    INFORMATION DOCUMENT

    PROVIDED FOR EMPLOYEES AND RETIRED FORMER EMPLOYEES
    OF THE SOCIETE GENERALE GROUP
    PERTAINING TO A CAPITAL INCREASE IN CASH TARGETING A MAXIMUM OF 12,044,800 SHARES RESERVED FOR ELIGIBLE EMPLOYEES AND RETIRED FORMER EMPLOYEES PARTICIPATING IN SOCIETE GENERALE GROUP COMPANY
    OR GROUP SAVINGS PLANS

    2025 GROUP EMPLOYEE SHARE OWNERSHIP PROGRAMME (2025 GESOP)

    This information document is available at Societe Generale’s administrative office (17 cours Valmy – 92972 Paris-La Défense Cedex), on its website and its intranet site, and was covered by a press release dated 20 May 2025.

    This document is prepared in accordance with the prospectus publication exemptions provided for in Article 1.4°(i) and Article 1.5°(h) of Prospectus Regulation (EU) No. 2017/1129. It constitutes the document required to meet the conditions for exemption from publication of a prospectus as defined by said Prospectus Regulation, directly applicable in the domestic law of each Member State of the European Union.

    MAIN CHARACTERISTICS OF THE CAPITAL INCREASE IN CASH RESERVED FOR ELIGIBLE EMPLOYEES AND RETIRED FORMER EMPLOYEES PARTICIPATING IN SOCIETE GENERALE GROUP COMPANY OR GROUP SAVINGS PLANS

    ISSUER Societe Generale,

    French public limited company (société anonyme),

    Share capital: EUR 1,000,395,971.25

    Registered office: 29, boulevard Haussmann – 75009 PARIS

    Paris Trade and Companies Register No. 552 120 222

    Euronext Paris – Compartment A

    Ordinary share ISIN code: FR0000130809

    Share admitted to Deferred Settlement Service

    Securities offered The maximum overall nominal amount of the capital increase is set at EUR 15,056,000, corresponding to the issue of 12,044,800 shares available for subscription in cash.

    The capital increase is sub-divided into two (2) tranches using separate investment vehicles, respectively accessible to separate entities or groups of entities.

    The Societe Generale shares to be issued will be of the same class and will be equivalent to Societe Generale shares already admitted to trading on Euronext Paris (Compartment A).

    Reasons for the offer The 2025 Group Employee Share Ownership Programme falls within the scope of the Societe Generale Group employee share ownership policy, both in France and internationally, allowing beneficiaries to become involved in the Group’s operations by participating, through this investment, in the development of Societe Generale, by expressing their voting rights and participating in the General Meeting.
    Terms of subscription The shares will be available for subscription through employee mutual fund (“FCPE”) in France and directly via the acquisition of registered shares outside France.

    Method for determining the subscription price

    The subscription price of EUR 35.76 is equal to the arithmetic average of the 20 (twenty) volume-weighted average prices recorded each day on the Euronext Paris regulated stock market at the end of each of the 20 (twenty) trading sessions preceding the morning of 19 May 2025 (date of the decision of the Chief Executive Officer, setting the subscription period and the subscription price and acting on the sub-delegation of the Board of Directors at its meeting of 5 February 2025 using the authorization granted to the Board by the twenty-seven resolution of the Combined General Meeting of 22 May 2024), with the application of a 20% discount.

    Duration of subscription period

    The subscription period will begin on Monday 2nd June 2025 at 10:00 a.m. (Paris time) and will end on Monday 16th June 2025 at 11:59 p.m. (Paris time).

      Terms of subscription for shares

    The first (1st) tranche is subscribed through the Employee Mutual Funds under Company or Group Savings Plans. The second (2nd) tranche is directly subscribed by employees under the International Group Savings Plan.

    Beneficiaries of the offer

    This offer is reserved for employees with seniority of at least three (3) months, holding an employment contract in effect at the end of the subscription period, broken down as follows:

    • for the 1st tranche, the beneficiaries of the Societe Generale Company Savings Plan and the Group Savings Plan;
    • for the 2nd tranche, the beneficiaries of the International Group Savings Plan.
      As regards the first tranche, former employees having left their company after retiring, with this category including pre-retirees, and having retained assets in the Company or Group Savings Plans, may also take part in this reserved capital increase.
      Subscription limit

    In accordance with Article L. 3332-10 of the French Labour Code, the total amount of payments made by Beneficiaries (including payments into other Savings Plans) may not exceed 25% of their gross annual remuneration received during the year of subscription or, for Beneficiaries whose employment contract is suspended and who received no remuneration for the year of subscription, 25% of the annual limit provided for in Article L. 241-3 of the French Social Security Code. At its meeting of 5 February 2025, the Board of Directors decided that the total amount of a given Beneficiary’s individual subscription (which may consist of a voluntary payment, including the transfer of available assets, as well as the net amounts of profit-sharing and employer matching contribution (not applicable to retirees)) may not exceed EUR 20,000.

    Employer matching contribution

    Employer matching contribution rules are specific to each Company or Group Savings Plan and each participating entity.

    Transaction timetable Subscription will be open from Monday 2nd June 2025 at 10:00 a.m. (Paris time) to Monday 16th June 2025 at 11:59 p.m. (Paris time). The capital increase is scheduled for 24 July 2025.
    Listing of new shares Listing market

    Societe Generale shares are listed on Euronext Paris (deferred settlement service, continuous trading group A, ISIN code FR0000130809).

      Listing of new shares

    The listing of the new shares on Euronext Paris will be requested immediately after the completion of the capital increase (the listing should be effective on or around 29 July 2025).

    General information on new shares subject to a request for admission to trading Rights attached to shares issued

    As soon as they are created, the new shares will be subject to all the provisions of the Issuer’s Articles of Association and will bear dividends rights as of 1 January 2025. As a result, they will be fully assimilated with the existing shares and will entitle the shareholders of a public limited company to the associated legal prerogatives. In particular, they will entitle shareholders to ownership of the company’s assets and the liquidation surplus, in a proportion equal to the percentage of share capital they represent. Similarly, the dividend is distributed to shareholders in proportion to their shareholding.

    A double voting right, in proportion to the capital represented, is allocated to all fully paid-up shares registered in the name of the same shareholder, for at least two years, as well as to new registered shares granted free of charge to a shareholder, in the event of a capital increase through the incorporation of reserves, profits or issue premiums, in respect of shares entitled thereto.

    In accordance with Article L. 214-165 II, paragraph 3, of the French Monetary and Financial Code, the voting rights attached to Societe Generale shares subscribed via the FCPE will be exclusively exercised individually by the unitholders of said FCPE and, for fractional units, by the supervisory board of said FCPE.

    In the event of a public purchase or exchange offer, the supervisory board of the FCPE decide, based on the relative majority of the votes cast, whether or not to tender Societe Generale shares to the offer. If there is no relative majority, the decision is put to the vote of the unitholders, who decide based on the relative majority of the votes cast.

    Marketability of shares

    No clauses in the Articles of Association limit the free marketability of the shares comprising Societe Generale’s capital.

    Only the rules below governing the unavailability of shares under a Company or Group Savings Plan will limit the marketability of said shares.

    Unavailability Shares held directly by the Beneficiaries and units of the employee mutual fund, as applicable, will be unavailable for a period of 5 years, barring cases of early release subject to the conditions applicable to the Company or Group Savings Plan in question. As regards the 2nd tranche, in some countries, depending on local legislation, some cases of early release will not be open to employees.
    Specific disclaimer for international subscriptions This document constitutes neither an offer to sell nor a solicitation to subscribe for Societe Generale shares. The Societe Generale share offer reserved for eligible current employees and retired former employees participating in Societe Generale Group Company or Group Savings Plans will only be implemented in countries where such an offer has been registered with the relevant local authorities and/or with the approval of a prospectus by the competent local authorities, or in consideration of an exemption from the obligation to establish a prospectus or register the offer. More generally, the offer will only be made in countries where all required registration procedures and/or notifications have been made and the proper authorisations obtained, except for the exemptions mentioned above. This document is not intended for countries in which such a prospectus would not have been approved or such an exemption would not be available, or in which all required registration and/or notification procedures have not yet been made or the proper authorisations obtained, and copies of this document should not be sent in such countries.

    With respect to the United States of America in particular, the shares referred to in this document have not been and will not be registered under the U.S. Securities Act of 1933 (the “Securities Act”) and may not be offered or sold in the United States without registration or exemption from registration in accordance with the Securities Act. Societe Generale does not intend to register the offer, in part or in whole, in the United States, or to make public share offers in the United States. The shares will be offered only for transactions benefiting from an exemption from registration.

    Due to the sanctions imposed by the European Union, this offer is not open to citizens or residents of Russia who do not have a residence permit in or are not nationals of a European Union country, of a country member of the European Economic Area or of Switzerland, or to citizens or residents or Belarus who do not have a residence permit in or are not nationals of a European Union country. 

       
    Employee contact Beneficiaries may address any questions relating to this offer to the contact indicated in the subscription application provided to them.

    Societe Generale

    Societe Generale is a top tier European Bank with around 119,000 employees serving more than 26 million clients in 62 countries across the world. We have been supporting the development of our economies for 160 years, providing our corporate, institutional, and individual clients with a wide array of value-added advisory and financial solutions. Our long-lasting and trusted relationships with the clients, our cutting-edge expertise, our unique innovation, our ESG capabilities and leading franchises are part of our DNA and serve our most essential objective – to deliver sustainable value creation for all our stakeholders.

    The Group runs three complementary sets of businesses, embedding ESG offerings for all its clients:

    • French Retail, Private Banking and Insurance, with leading retail bank SG and insurance franchise, premium private banking services, and the leading digital bank BoursoBank.
    • Global Banking and Investor Solutions, a top tier wholesale bank offering tailored-made solutions with distinctive global leadership in equity derivatives, structured finance and ESG.
    • Mobility, International Retail Banking and Financial Services, comprising well-established universal banks (in Czech Republic, Romania and several African countries), Ayvens (the new ALD I LeasePlan brand), a global player in sustainable mobility, as well as specialized financing activities.

    Committed to building together with its clients a better and sustainable future, Societe Generale aims to be a leading partner in the environmental transition and sustainability overall. The Group is included in the principal socially responsible investment indices: DJSI (Europe), FTSE4Good (Global and Europe), Bloomberg Gender-Equality Index, Refinitiv Diversity and Inclusion Index, Euronext Vigeo (Europe and Eurozone), STOXX Global ESG Leaders indexes, and the MSCI Low Carbon Leaders Index (World and Europe).

    In case of doubt regarding the authenticity of this press release, please go to the end of the Group News page on societegenerale.com website where official Press Releases sent by Societe Generale can be certified using blockchain technology. A link will allow you to check the document’s legitimacy directly on the web page.

    For more information, you can follow us on Twitter/X @societegenerale or visit our website societegenerale.com.

    Attachment

    The MIL Network

  • MIL-OSI: Best Crypto Casinos: Rated Top 5 Bitcoin Online Casinos For Crypto Gambling – By NextCasinos

    Source: GlobeNewswire (MIL-OSI)

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    • Security Standards: Is the platform licensed with strong encryption and fair games?
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    These criteria filtered out subpar platforms, ensuring our list features only the best crypto casinos.

    Complete Guide

    Find in-depth reviews, game insights, and expert tips by checking out NextCasinos’ top picks for the best crypto casinos of 2025.

    Conclusion on The Best Crypto Casinos of 2025

    The best crypto casinos of 2025, including JACKBIT, 7Bit Casino, KatsuBet, MIRAX Casino, and BitStarz, redefine online gambling with their innovative features and player-focused offerings. By prioritizing privacy, speed, and generous rewards, these top crypto casinos cater to diverse gaming preferences while ensuring safety and fairness.

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    Frequently Asked Questions

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    Trusted crypto casinos like 7Bit Casino employ SSL encryption and provably fair games, ensuring safety when licensed by reputable authorities.

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    Top bitcoin casinos like BitStarz handle crypto withdrawals in minutes, though fiat transactions may take 1-3 days.

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    Contact Us

    Reach out at support@NextCasinos.com or visit NextCasinos for more details.

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    General Disclaimer

    This article is for informational and entertainment purposes only, not legal or financial advice. Content reflects research and user reviews as of May 19, 2025. Verify details before proceeding.

    Casino And Gambling Disclaimer

    Online gambling carries risks and may not suit everyone. Ensure you meet legal gambling age requirements in your region, as laws differ. NextCasinos does not endorse gambling; participation is at your own risk, and we are not liable for losses or disputes.

    Affiliate Disclosure

    This article may contain affiliate links, earning us commissions for qualifying actions at no cost to you. These support our content creation. Our recommendations remain unbiased, focusing on valuable platforms.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/15807656-ec5b-4853-859c-d99d0748ee60

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e7df3620-de40-4511-9c41-16e105513f8b

    https://www.globenewswire.com/NewsRoom/AttachmentNg/433411ab-85af-4ac3-ba1c-5401eac6d565

    https://www.globenewswire.com/NewsRoom/AttachmentNg/1c03dd3e-f989-47f8-8ba9-565b043da7fb

    https://www.globenewswire.com/NewsRoom/AttachmentNg/ee80a2d9-3682-438b-a041-af038af8aa62

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3843dd27-9576-44a9-9de6-a442b1c739b6

    The MIL Network

  • MIL-OSI: UK’s Moneycorp selects Temenos SaaS to scale global business

    Source: GlobeNewswire (MIL-OSI)

    MADRID, Spain, May 20, 2025 (GLOBE NEWSWIRE) — Temenos (SIX: TEMN) today announced that Moneycorp, a leading global payments and FX platform, has selected Temenos to power their next phase of products and services offering. The UK headquartered payments and FX specialist will adopt Temenos SaaS for core banking and payments to achieve speed to market and scale efficiently as it expands products and services around the world.

    By moving to Temenos SaaS, Moneycorp can focus on business growth while benefiting from advanced wallet and payments capabilities to deliver an enhanced client experience on a scalable, secure service.

    Moneycorp operates globally, with offices in Europe, North America, South America, and Asia, facilitating payments and foreign exchange transactions for corporates, financial institutions and private clients. In 2023, the company handled £71bn in trading volume serving 11,000 B2B clients, 250 financial institutions, and over 23,000 individuals. With 63 regulatory permissions worldwide, the group processes over 1 million payments annually, reaching 190 countries.

    With multi-geographic support, Moneycorp can seamlessly roll out new capabilities worldwide, leveraging a build-once, deploy anywhere approach across different regulatory jurisdictions. By utilizing Temenos Model Bank with pre-configured banking functionality and country-specific localization, Moneycorp will achieve faster time to value while reducing costs and delivery risk. Temenos’ open, API-based architecture will simplify integration with Moneycorp’s ecosystem, further accelerating innovation and enhancing operational agility.

    Srini Kasturi, Group Chief Technology Officer, Moneycorp, said: “Best-in-class technology is key to delivering the seamless client experience and personalized service that Moneycorp is known for, so we’re delighted to partner with Temenos, an established global leader in banking technology. Temenos’ multi-country support and localization will enable us to launch new solutions quickly around the world, while running on SaaS will help us to scale efficiently while maintaining our focus on delivering our award-winning, easy to use service to customers worldwide.”

    Mark Yamin-Ali, Managing Director, Europe, Temenos, commented: “We’re proud to partner with Moneycorp, a U.K. success story and world leading cross-border payments provider. This strategic transformation which will see Temenos underpin Moneycorp’s core banking and payments ecosystem across its global operation. Moneycorp sought a SaaS solution with deep functionality and the latest technology—capabilities only Temenos could deliver—along with our expertise in Western Europe and the U.S. We look forward to working with Moneycorp to drive the next phase of their impressive growth story.”

    The MIL Network

  • MIL-OSI Submissions: Australia Banking Sector – CBA cuts interest rates for business bank customers

    Source: Commonwealth Bank of Australia

    The Commonwealth Bank has responded to the Reserve Bank of Australia’s cash rate decision, reducing rates on eligible business banking products.

    Commonwealth Bank will reduce interest rates by 25 basis points per annum (p.a.) on eligible business lending products, following the Reserve Bank of Australia (RBA) decision to decrease the official cash rate by 0.25% p.a.

    The rate reduction will apply to CBA Business Bank’s Variable Base Rate, Residential Equity Rate, and Overdraft Reference Rate, flowing through to business lending products including BetterBusiness Loans and Business Overdrafts. These rate changes will be effective 30 May 2025.

    CBA Group Executive Business Banking, Mike Vacy-Lyle, said: “Australian businesses have been navigating unexpected challenges in recent months – from global trade tensions and volatile market swings to cyclones, droughts, bushfires and flooding. Businesses have also grappled with unexpected expenses and cashflow pressures from rising input prices and higher labour costs.

    “While elevated uncertainty poses an ongoing risk to both global and domestic growth, Australia remains relatively well positioned to navigate these challenges, and as inflation moderates, the economy is showing signs of improvement.

    “We’ll continue to focus on supporting our customers, allowing them to grow and invest in their operations. We also know that some businesses are finding it tough, and we have a range of measures available for businesses facing difficulty. Any customer needing support should contact our dedicated Business Financial Assistance team.”

    Support for small businesses customers

    A range of support options are available for business customers. These include:

    Reduced payments for a period of time
    Extension of a loan term
    Debt restructure
    Debt refinance
    Concessions for certain fees and charges

    MIL OSI – Submitted News

  • MIL-OSI Submissions: Australia Banking Sector – CBA announces interest rate reductions

    Source: Commonwealth Bank of Australia

    The Commonwealth Bank has responded to the Reserve Bank of Australia’s cash rate decision.

    Following the Reserve Bank of Australia’s (RBA) decision to decrease the official cash rate by 0.25% per annum (p.a.), CBA will decrease home loan variable interest rates by 0.25% p.a.

    All home loan variable rate changes announced today will be effective 30 May 2025.

    CBA’s Group Executive, Retail Banking Services, Angus Sullivan said: “Today’s decision will help to deliver some much-needed additional relief for many Australians with a mortgage.

    “When combined with the February rate cut this change should free up some more cash flow for homeowners who need it. We know many have had tighter budgets in recent months and will welcome that additional flexibility.

    “Today’s announcement of a 0.25% p.a. rate cut will help to deliver a monthly saving of approximately $80 for home loan customers making principal and interest repayments on an average loan size of $500,000. After two rate cuts many home loan customers will start to see a more meaningful change month to month.”

    Following the February rate reduction, around 14 per cent of eligible1 customers reduced their direct debit repayments, with many others choosing to continue paying off their home loan at a slightly faster rate. Mr Sullivan said for those customers who would like to reduce their home loan direct debit following today’s rate cut announcement, they will be able to do so via the CommBank app or NetBank the day after the rate change is effective.  

    “We know homeowners like to manage their finances in line with their individual budgets and they can change their direct debits very simply via our digital channels,” he said.

    Support for home loan customers

    For our home loan customers we have a range of support options available that can help them navigate today’s change. These include:

    • Estimating future home loan repayments via the home loan repayments calculator. You can also estimate the impact additional payments can make to your loan balance and duration.   
    • Changing the repayment amount and frequency of home loan payments. Eligible customers can reduce their mortgage repayments and align their repayment timing to when and how often they are paid via the CommBank app or NetBank.

    A range of money management support and tools are also available in the CommBank app. These include:

    • Spend Tracker in the CommBank app to help categorise your debit and credit card transactions, making it easier to see the impact your spending decisions have on your everyday finances.
    • Category budgets to set weekly, fortnightly or monthly budgets for different categories of your spending – from entertainment to transport, eating out and shopping. You can see how your spending compares to the budget you set yourself, to help you stay on track.

    MIL OSI – Submitted News

  • MIL-OSI Submissions: University Research – SMART Researchers Unlock the Secrets to Plant Growth with Breakthrough Universal Nanosensor

    Source: Singapore-MIT Alliance for Research and Technology (SMART)

    • Researchers have developed the world’s first species-agnostic nanosensor that enables non-destructive, real-time monitoring of plants’ primary growth hormone: a form of auxin called indole-3-acetic acid (IAA)
    • Auxins help plants to regulate their development, and stress responses such as shade or high temperature – making it a key indicator of plant health
    • Using the corona phase molecular recognition (CoPhMoRe) technique, the nanosensor can precisely track IAA levels in different crop types without the need for genetic modification
    • This breakthrough technology holds significant potential for agricultural applications, allowing farmers to monitor plant growth and stress response, and develop stress-tolerant crops.

    Singapore, 20 May 2025 – Researchers from the Disruptive & Sustainable Technologies for Agricultural Precision (DiSTAP) interdisciplinary research group (IRG) of Singapore-MIT Alliance for Research and Technology (SMART), MIT’s research enterprise in Singapore, in collaboration with Temasek Life Sciences Laboratory (TLL) and Massachusetts Institute of Technology (MIT), have developed the world’s first near-infrared (NIR) fluorescent nanosensor capable of real-time, non-destructive and species-agnostic detection of indole-3-acetic acid (IAA) – the primary bioactive auxin hormone that controls the way plants develop, grow and respond to stress.

    Auxins, particularly IAA, play a central role in regulating key plant processes such as cell division, elongation, root and shoot development, and response to environmental cues like light, heat and drought. External factors like light affect how auxin moves within the plant, temperature influences how much is produced, and a lack of water can disrupt hormone balance. When plants cannot effectively regulate auxins, they may not grow well, adapt to changing conditions or produce as much food.

    Existing IAA detection methods, such as liquid chromatography, require taking plant samples from the plant – which harms or removes part of it. Conventional methods also measure the effects of IAA rather than detecting it directly, and cannot be used universally across different plant types. In addition, since IAA are small molecules that cannot be easily tracked in real-time, biosensors that contain fluorescent proteins need to be inserted into the plant’s genome to measure auxin, making it emit a fluorescent signal for live imaging.

    SMART’s newly developed nanosensor enables direct, real-time tracking of auxin levels in living plants with high precision. The sensor uses NIR imaging to monitor IAA fluctuations non-invasively across tissues like leaves, roots and cotyledons, and it is capable of bypassing chlorophyll interference to ensure highly reliable readings even in densely pigmented tissues. The technology does not require genetic modification and can be integrated with existing agricultural systems – offering a scalable precision tool to advance both crop optimisation and fundamental plant physiology research.

    By providing real-time, precise measurements of auxin – a hormone central to plant growth and stress response – the sensor empowers farmers with earlier and more accurate insights into plant health. With these insights and comprehensive data, farmers can make smarter, data-driven decisions on irrigation, nutrient delivery and pruning, tailored to the plant’s actual needs – ultimately improving crop growth, boosting stress resilience and increasing yields.

    “We need new technologies to address the problems of food insecurity and climate change worldwide. Auxin is a central growth signal within living plants, and this work gives us a way to tap it to give new information to farmers and researchers. The applications are many, including early detection of plant stress, allowing for timely interventions to safeguard crops. For urban and indoor farms, where light, water and nutrients are already tightly controlled, this sensor can be a valuable tool in fine-tuning growth conditions with even greater precision to optimise yield and sustainability,” said Prof Michael Strano, Co-Lead Principal Investigator at DiSTAP and Carbon P. Dubbs Professor of Chemical Engineering at MIT, and co-corresponding author of the paper.

    The research team documented the nanosensor’s development in a paper, titled “A Near-Infrared Fluorescent Nanosensor for Direct and Real-Time Measurement of Indole-3-Acetic Acid in Plants”, published in the journalACS Nano. The sensor comprises single-walled carbon nanotubes (SWNTs) wrapped in a specially designed polymer, which enables it to detect IAA through changes in NIR fluorescence intensity. Successfully tested across multiple species, including Arabidopsis, Nicotiana benthamiana, choy sum and spinach, the nanosensor can map IAA responses under various environmental conditions such as shade, low light and heat stress.

    “This sensor builds on DiSTAP’s ongoing work in nanotechnology and the CoPhMoRe technique, which has already been used to develop other sensors that can detect important plant compounds such as gibberellins and hydrogen peroxide. By adapting this approach for IAA, we’re adding to our inventory of novel, precise and non-destructive tools for monitoring plant health. Eventually, these sensors can be multiplexed, or combined, to monitor a spectrum of plant growth markers for more complete insights into plant physiology,” said Dr Duc Thinh Khong, Principal Research Scientist at DiSTAP and co-first author of the paper.

    “This small but mighty nanosensor tackles a long-standing challenge in agriculture: the need for a universal, real-time and non-invasive tool to monitor plant health across various species. Our collaborative achievement not only empowers researchers and farmers to optimise growth conditions and improve crop yield and resilience, but also advances our scientific understanding of hormone pathways and plant-environment interactions,” said Dr In-Cheol Jang, Senior Principal Investigator at TLL and Principal Investigator at DiSTAP, and co-corresponding author of the paper.
    Looking ahead, the research team is looking to combine multiple sensing platforms to simultaneously detect IAA and its related metabolites to create a comprehensive hormone signaling profile, offering deeper insights into plant stress responses and enhancing precision agriculture. They are also working on using microneedles for highly localised, tissue-specific sensing, and collaborating with industrial urban farming partners to translate the technology into practical, field-ready solutions.
    The research is carried out by SMART, and supported by the National Research Foundation under its Campus for Research Excellence And Technological Enterprise (CREATE) programme.

    MIL OSI – Submitted News

  • MIL-OSI Submissions: Australia – Singapore Airlines victims suffering one year after tragedy – $1m plus payouts expected

    Source: Carter Capner Law Peter Carte

    On May 21, 2024, Singapore Airlines Flight 321 carrying many Australians, while flying between London and Singapore hit what the airline labelled at the time “clear air turbulence” over Myanmar, injuring more than 70 people and killing one.

    One year later, an Australian law firm with extensive expertise in passenger compensation for aviation accidents has revealed it is still conducting medical evaluations for passengers to determine the extent of their various injuries.

    Director of Carter Capner Law Peter Carter, who is also a former president of the Aviation Law Association, said the firm was acting for 11 passengers but is also investigating claims for many others who have no physical injury but have experienced significant psychological trauma.

    “Many of our clients exhibit PTSD symptoms as a result of this terrifying mid-air experience.

    “They thought they were going to die,” he said.

    Mr Carter explained that there is no compensation available for PTSD unless it can be demonstrated it has caused some physical change in the passenger.

    “To this end, our medical experts are utilising leading-edge brain scanning techniques to image brain abnormalities.

    “We are optimistic to also be able to recover substantial damages for PTSD injuries for affected passengers including those who have no other physical injuries.”

    The firm expects to present compensation demands to the airline’s insurers by September, with Mr Carter believing that many passengers will receive awards for damages “well in excess of US$1 million.”

    If Singapore Airlines proves it had no part to play in the accident, its liability for proven losses for each passenger will be limited to US$180,000.

    However Mr Carter said his firm’s belief after an in-depth investigation is that the pilots likely encountered a thunderstorm at too close proximity as it passed over an area notorious for thunderstorm activity in the Inter Tropical Convergence Zone.

    “Other planes took evasive action and changed direction, yet Flight SQ321 headed directly through the suspect area.”

    He said the interim report confirms that the G-forces applied to passengers’ bodies – including a drop in vertical acceleration from +1.35G to -1.5G – was sufficient to cause serious injury even to passengers restrained by a seat belt.

    The final accident report from the Singaporean Transport Safety Investigation Bureau (TSIB) is expected to be released mid-year.

    About Peter Carter:

    Peter Carter is one of Australia’s most experienced lawyers in the fields of aviation, tourism and travel compensation. He is a former national president of the Australian Lawyers Alliance, and was previously a director of the Civil Justice Foundation of Australia. Peter has also held the roles of Queensland president of the Aviation Law Association of Australia and New Zealand, and governor on the board of the American Association for Justice. He is a member of the Lawyer-Pilot Bar Association (USA) and holds a single engine private pilot’s licence with a command instrument rating.

    MIL OSI – Submitted News

  • MIL-OSI Submissions: Gaza – We urge Australia to sustain the pressure and push for a ceasefire and unimpeded access to aid – MSF

    Source:  Médecins Sans Frontières/ Doctors Without Borders (MSF)

    20 May, 2025: Médecins Sans Frontières/ Doctors Without Borders (MSF) welcomes the recent joint statement by Australian Foreign Minister Penny Wong and 23 other countries on humanitarian aid to Gaza. 

    We continue to urge the Australian government to pursue strong diplomatic action that holds the Israeli government to account.
     
    Israel’s temporary allowance of aid proves this is not a logistical issue—it’s a political decision to deprive an entire population of food, medicine, and critical supplies.
     
    For 11 weeks, not a single aid truck was allowed into Gaza. People—especially children—are starving. Patients and staff are rationing meals. Some are surviving on leaves.
     
    This manufactured humanitarian crisis will not be resolved with a few trucks here and there.
     
    We urge Australia to sustain the pressure and push for a ceasefire to allow unimpeded, sustained aid access that reaches everyone in Gaza and restores dignity to humanitarian response, and facilitates the release of all hostages and detainees.
     
    The siege isn’t over—this is a smokescreen.

    MIL OSI – Submitted News

  • MIL-OSI New Zealand: Police acknowledge sentencing of Donald Sarratt in child sexual abuse material case

    Source: New Zealand Police

    Police acknowledge the sentence handed down to Donald James Sarratt in the Wellington District Court today, for his role as a facilitator of a website which hosted computer-generated child sexual abuse material.

    Sarratt, 35, was sentenced to five-and-a-half years’ imprisonment after being found guilty of possessing objectionable material relating to children and knowingly making and/or copying objectionable material relating to the sexual exploitation of children.

    A forensic examination of Sarratt’s electronic devices also identified child sexual abuse material images of real children.

    The operation, dubbed Operation Dark Orchid, commenced in 2022 following a referral from the United States of America, Department of Homeland Security Investigations (HSI) and Department of Justice Child Exploitation Unit.

    The investigation centred on a website with over 85,000 computer generated images – 30,000 of those being realistic images depicting the graphic sexual abuse and torture of children as young as infants.

    Teams of dedicated investigators worked tirelessly to identify those responsible for this offending, resulting in the dismantling of a long-standing website whose users who sought sexual gratification from the abuse of children.

    Detective Sergeant Daniel Wright led Operation Dark Orchid for the New Zealand Police Online Child Exploitation Across New Zealand (OCEANZ) team.

    He says Sarratt’s sentencing is a testament to the thorough investigation conducted by New Zealand Police and US law enforcement.

    “In New Zealand, creating, possessing, or distributing material that promotes or tends to promote or support the sexual exploitation of children is punishable under the Films, Videos, Publications and Classifications Act.

    “This investigation, involving our law enforcement colleagues from the US, demonstrates our commitment to keeping our communities safe, and that we will use all resources available to us to hold to account those who prey on the vulnerability of children both in New Zealand and abroad,” Detective Sergeant Wright says.

    HSI Dallas Special Agent in Charge Travis Pickard says: “HSI works seamlessly with our law enforcement partners across the globe to stop those who produce and distribute child sexual abuse materials.

    “The vast number of images uncovered in this joint investigation – many featuring disturbingly realistic computer-generated representations of unspeakable child sexual abuse – is unacceptable in any part of contemporary society.

    “This sentence for the defendant reinforces our dedication to protecting the innocence of our most vulnerable populations from such abhorrent child exploitation,” he says.

    If you, or someone you know, comes across child sexual abuse material online, we urge you to report it:

    New Zealand Police: Call 105 or report online here 105 Police Non-Emergency Online Reporting | New Zealand Police. If you have immediate concerns for the safety of someone, please call 111.

    Department of Internal Affairs www.dia.govt.nz

    Netsafe : Netsafe New Zealand’s online safety organisation | Netsafe

    Terminology

    Media are urged to use the terminology ‘child sexual abuse images’ or ‘child objectionable material’, and not ‘child pornography’.

    The use of the phrase ‘child pornography’ downplays child sex abuse:

    It indicates legitimacy and compliance on the victim’s part and therefore suggests legality on the abuser’s part

    It conjures up images of children posing in ‘provocative’ positions, rather than the image capturing the suffering of horrific abuse.

    Every publication of these images promotes the sexual exploitation of children and young people and often portrays actual child abuse occurring at the time.

    ENDS

    Issued by Police Media Centre

    MIL OSI New Zealand News

  • Sensex, Nifty open a tad lower amid nixed global cues

    Source: Government of India

    Source: Government of India (4)

    The domestic benchmark indices opened lower on Tuesday amid mixed global cues, with selling seen in the auto, PSU bank, and financial services sectors during early trade.

    At around 9:31 am, the Sensex was trading 40.79 points, or 0.05 percent, down at 82,018.63, while the Nifty declined by 22.10 points, or 0.09 percent, at 24,923.35.

    The Nifty Bank was down by 51.40 points, or 0.09 percent, at 55,369.30. The Nifty Midcap 100 index was trading at 56,943.00, having declined by 162.45 points, or 0.28 percent. The Nifty Smallcap 100 index stood at 17,606.90, down by 42.75 points, or 0.24 percent.

    According to analysts, from a technical perspective, the Nifty formed a bearish candle on the daily chart while trading within an inside bar pattern, closing just below the crucial 25,000 level.

    The Indian Rupee exhibited strength, appreciating by 10 paise against the greenback to settle at 85.40.

    Meanwhile, in the Sensex pack, Tata Steel, Sun Pharma, Infosys, Tech Mahindra, ITC, Adani Ports, L&T, and HCL Tech were the top gainers. Power Grid, Nestle India, Titan, Kotak Mahindra Bank, M&M, and HDFC Bank were the top losers.

    In the Asian markets, China, Hong Kong, Japan, Bangkok, Seoul, and Jakarta were trading in the green.

    In the last trading session, the Dow Jones in the US closed at 42,792.07, up by 137.33 points, or 0.32 percent. The S&P 500 ended with a gain of 5.22 points, or 0.09 percent, at 5,963.60, and the Nasdaq closed at 19,215.46, up by 4.36 points, or 0.02 percent.

    On the institutional front, both foreign and domestic investors turned cautious, marking the first simultaneous sell-off in over a month.

    According to provisional data from the NSE, foreign institutional investors (FIIs) sold Indian equities worth Rs 525.95 crore on May 19, while domestic institutional investors (DIIs) were net sellers to the tune of Rs 237.93 crore.

    IANS

  • GeM completes eight years with 1.64 lakh buyers and 4.2 lakh sellers, leading India’s public procurement reform

    Source: Government of India

    Source: Government of India (4)

    The Government e Marketplace (GeM), India’s national public procurement portal, celebrated its 8th Incorporation Day with a renewed commitment to inclusive growth, digital governance, and economic empowerment. On this occasion, GeM launched GeMAI, India’s first generative AI-powered chatbot for the public sector, marking a significant milestone in digital public service delivery.

    Driving Innovation and Inclusion

    Speaking at the event, GeM CEO Mihir Kumar said that GeM continues to innovate and empower, aiming to unlock opportunities for every Indian entrepreneur. He emphasized that the platform’s vision goes beyond procurement to create a more accessible, efficient, and equitable marketplace, especially for micro and small enterprises, startups, weavers, and women-led businesses.

    Expanding Reach and Economic Impact

    Over the years, GeM has significantly expanded its reach and impact. The platform now supports over 1.64 lakh primary buyers and 4.2 lakh active sellers. It offers more than 10,000 product categories and 330 services. Independent studies by the World Bank and findings from India’s Economic Survey have highlighted the platform’s effectiveness, citing an average cost saving of nearly 10 percent in government procurement through GeM.

    Empowering Small Sellers and Entrepreneurs

    In line with its goal of empowering traditionally underrepresented groups, GeM has onboarded over 10 lakh micro and small enterprises, 1.3 lakh artisans and weavers, 1.84 lakh women entrepreneurs, and 31,000 startups. Kumar noted that through transparent bid dissemination and integration of diverse stakeholders such as self-help groups and farmer producer organizations, GeM has redefined public procurement in India.

    Lowering Costs and Simplifying Participation

    The platform has also significantly reduced costs for sellers. Currently, 97 percent of all transactions are free from transaction charges. Fee structures have been revised, with reductions ranging from 33 percent to 96 percent and a cap of ₹3 lakh for orders exceeding ₹10 crore, down from the earlier ₹72.5 lakh. For small sellers with an annual turnover below ₹1 crore, the caution money deposit has been cut by 60 percent, with full exemptions for specific categories.

    Enabling Strategic and High-Value Procurements

    GeM has also played a critical role in key national procurements, including ₹5,000 crore worth of equipment for the Akash Missile System and ₹5,085 crore in vaccine procurement. The platform is enabling a wide range of complex services such as drone-as-a-service for AIIMS, GIS and insurance coverage for over 1.3 crore lives, and the wet leasing of chartered flights and CT scanners.

    Nationwide Adoption and Digital Integration

    The platform is now operational across all 36 states and union territories. Uttar Pradesh has emerged as a leader in GeM adoption. Eight states, including Maharashtra, Manipur, Gujarat, Himachal Pradesh, Assam, Uttarakhand, and Chhattisgarh, have made GeM usage mandatory. Successful integrations with Integrated Financial Management Systems (IFMS) have been completed in Assam, Kerala, Odisha, West Bengal, and Delhi, with upcoming implementations planned in Gujarat, Karnataka, and Uttar Pradesh.

    Pioneering AI in Public Service Delivery

    In a significant digital governance initiative, GeM has introduced GeMAI, a generative AI chatbot designed to enhance user support. The chatbot supports both voice and text interactions in 10 Indian languages, reflecting GeM’s vision of inclusive, intelligent service. Alongside, the platform has adopted advanced analytics for real-time fraud detection, risk mitigation, and ongoing monitoring to ensure transparency and accountability.

  • M.R. Srinivasan, pioneer of India’s nuclear energy programme, passes away at 95

    Source: Government of India

    Source: Government of India (4)

    Dr. M.R. Srinivasan, a towering figure in India’s nuclear science community and former Chairman of the Atomic Energy Commission, passed away on Tuesday in Udhagamandalam, Tamil Nadu, at the age of 95.

    A key architect of India’s civil nuclear energy programme, Dr. Srinivasan’s career in the Department of Atomic Energy (DAE) spanned over five decades, beginning in September 1955.

    He worked closely with Dr. Homi Bhabha on the construction of Apsara, India’s first nuclear research reactor, which attained criticality in August 1956.

    In 1959, he was appointed Principal Project Engineer for the country’s first atomic power station. His contributions became even more prominent in 1967, when he took charge as the Chief Project Engineer of the Madras Atomic Power Station, helping lay the groundwork for India’s self-reliant nuclear power capabilities.

    In 1974, he became Director of the Power Projects Engineering Division in the DAE and, a decade later, assumed the role of Chairman of the Nuclear Power Board.

    Under his leadership, the country witnessed rapid growth in its nuclear infrastructure. Srinivasan oversaw the planning, construction, and commissioning of major power plants across India.

    In 1987, he was appointed Chairman of the Atomic Energy Commission and Secretary of the Department of Atomic Energy. That same year, he also became the founding Chairman of the Nuclear Power Corporation of India Limited (NPCIL).

    His tenure saw remarkable expansion: 18 nuclear power units were developed under his guidance — seven became operational, seven were under construction, and four remained in the planning phase.

    For his exemplary contributions to the field of nuclear science and engineering, Dr. Srinivasan was awarded the Padma Vibhushan, India’s second-highest civilian honour.

    “His legacy of visionary leadership, technical brilliance, and tireless service to the nation will continue to inspire future generations,” his daughter, Sharada Srinivasan, said in a statement issued by the family.

    Dr. Srinivasan’s death marks the end of an era in India’s scientific and technological history. He leaves behind an enduring legacy that helped power the nation’s progress and energy security.

    IANS

  • Good discussions on expediting first tranche of India-US trade pact: Piyush Goyal

    Source: Government of India

    Source: Government of India (4)

    Union Commerce and Industry Minister Piyush Goyal on Tuesday said that he had held fruitful talks with US Commerce Secretary Howard Lutnick towards concluding the first tranche of the India-US Bilateral Trade Agreement (BTA).

    India and the US are working to sign the first tranche of the BTA to reduce tariffs before the agreed timeline of fall 2025, as the terms of reference for the pact have already been finalized.

    “Good discussions with Secretary @Howard Lutnick towards expediting the first tranche of the India-US Bilateral Trade Agreement,” Goyal posted on the X social media platform.

    Earlier, Goyal had said that “very good negotiations” with the US were underway.

    India presents a compelling case to the United States for a bilateral trade deal, given the outlook on growth and demographics.

    “Looking at the growth India offers in the next 25-30 years, with a large, aspirational, young population who will add to the demand for goods and services, we believe India will be a compelling case for entering into a good agreement with the US,” Goyal had told reporters.

    If both countries reach an agreement on reducing tariffs, it would lead to higher trade between the US and India. Prime Minister Narendra Modi and US President Donald Trump have set an ambitious target of $500 billion in bilateral trade by 2030, as stated in a joint statement during the Indian PM’s recent visit to Washington, DC.

    Trump claimed last week that India offered to remove all tariffs on American goods, but added that he was in no rush to finalize a trade deal despite the apparent breakthrough.

    External Affairs Minister S. Jaishankar also commented last week that the ongoing trade negotiations are complex.

    “Trade talks between India and the US have been ongoing. These are complicated negotiations. Nothing is decided until everything is. Any trade deal has to be mutually beneficial; it has to work for both countries. That would be our expectation from the trade deal. Until that is done, any judgment on it would be premature,” EAM Jaishankar said while speaking to reporters.

    IANS

     

  • MIL-OSI China: Uzi inducted to League of Legends Hall of Legends

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

    Riot Games announced Tuesday Jian “Uzi” Zihao as the second-ever inductee into the League of Legends Hall of Legends, recognizing the former star bot laner’s extraordinary contributions to the game and its competitive scene.

    Uzi, hailed as one of the greatest players in League of Legends history, made his mark with mechanical brilliance, fearless gameplay, and deep fan engagement. He rose to prominence with Royal Club and later led Royal Never Give Up (RNG) to domestic and international titles, capturing the hearts of millions along the way.

    “Uzi’s legacy goes beyond his titles and achievements; he changed the way we view the bot lane role,” said Chris Greeley, Global Head of LoL Esports. “His passion and determination have inspired millions.”

    Highlights of Uzi’s career include back-to-back World Championship Final appearances in 2013 and 2014, and a career-defining 2018 season that included multiple titles and international acclaim. He was also part of China’s gold-medal winning team at the Jakarta 2018 Asian Games. His Hall of Legends induction follows an overwhelming wave of support from global panelists, underscoring his enduring influence on the sport.

    He will also be honored at a special induction ceremony in Shanghai on June 6.

    Every year, LoL Esports will induct a pro player into the Hall of Legends to honor their achievements within the sport and game. Players are chosen by an independent voting panel of esports industry veterans and experts from every region who select players based on criteria including international berths, international and regional titles, role specific stats, and overall contributions to the sport.

    Five-time world champion Lee “Faker” Sang-hyeok of South Korea was the first-ever inductee honored in 2024. 

    MIL OSI China News

  • MIL-OSI China: Xi sends congratulatory letter to 2025 SCO forum on poverty reduction, sustainable development

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

    Xi sends congratulatory letter to 2025 SCO forum on poverty reduction, sustainable development

    BEIJING, May 20 — Chinese President Xi Jinping on Tuesday sent a congratulatory letter to the 2025 SCO (the Shanghai Cooperation Organization) Forum on Poverty Reduction and Sustainable Development, held in Xi’an, northwest China’s Shaanxi Province.

    Xi pointed out that poverty eradication, a global issue, is a common goal of all countries in the world.

    Through arduous efforts, China has successfully won the battle against poverty, achieved the poverty reduction target of the United Nations 2030 Agenda for Sustainable Development ten years ahead of schedule, blazed a poverty reduction path with Chinese characteristics, and written a new chapter in the history of mankind’s fight against poverty, Xi said.

    Stressing that the root cause of poverty is inadequate development, Xi said the SCO has actively carried out cooperation on poverty reduction and sustainable development in recent years, achieving remarkable results.

    As the rotating chair of the SCO, China is willing to continuously enhance policy communication with all parties, share poverty reduction experience, deepen practical cooperation, help more countries explore poverty reduction and sustainable development paths that suit their national conditions, and join hands to build a beautiful world free from poverty and with common prosperity, Xi noted.

    The forum opened in Xi’an on Tuesday under the theme of “Sustained Poverty Reduction and Cooperative Development: Advancing Poverty Alleviation and Sustainable Development among SCO Countries.” The forum was co-hosted by the SCO Committee on Good-Neighborliness, Friendship and Cooperation and the People’s Government of Shaanxi Province.

    MIL OSI China News

  • MIL-OSI New Zealand: Discharge of Digitial Services Tax Bill

    Source: NZ Music Month takes to the streets

    The Government has decided to discharge the Digital Services Tax Bill from the legislative programme, Revenue Minister Simon Watts announced today.
    The Digital Services Tax Bill was introduced in 2023 by the previous Government. It was a response to a perceived lack of progress towards developing an agreement with other countries to address the taxation challenges posed by digitalisation.
    “We have been monitoring international developments and have decided not to progress the Digital Services Tax Bill at this time. A global solution has always been our preferred option, and we have been encouraged by the recent commitment of countries to the OECD work in this area,” Mr Watts says.
    “New Zealand has long supported, and benefited from, collective action and the global rules-based system. By focusing on a global solution, it will enable an agreed, consistent outcome across participating countries.”
    As a result of taking this action, the forecast revenues from the introduction of a Digital Services Tax no longer meet the criteria for inclusion in the Crown accounts.

    MIL OSI New Zealand News