NewzIntel.com

Category: DJF

  • MIL-OSI Africa: Mahama receives credentials from 5 new envoys, reaffirms commitment to global cooperation

    Source: APO


    .

    President John Dramani Mahama on Thursday formally received the Letters of Credence from five new envoys accredited to Ghana. The presentation of credentials marks the official beginning of their diplomatic missions in the country.

    Speaking after receiving the letters of credentials from the new envoys, President Mahama reiterated Ghana’s commitment to deepening bilateral relations with friendly countries worldwide. He emphasised the importance of fostering mutually beneficial partnerships, particularly in the areas of trade, economic development, technical and security cooperation, as well as tourism and cultural exchanges.

    The new envoys who presented their credentials are:
    – Her Excellency Mrs. Maria Da Conceicao De Souse Pilar, Ambassador of the Republic of Portugal.
    – His Excellency Conrad Vincent Mederic, High Commissioner of The Republic of Seychelles.
    – His Excellency Citizen Jesús Albert Garcia, Ambassador of the Bolivarian Republic of Venezuela.
    – His Excellency Gonfouli Souariba, Ambassador of the Republic of Chad.
    – His Excellency Maximin Mangoualamangoye, High Commissioner of the Republic of Gabon.

    President Mahama extended his felicitations to the envoys on their appointments and expressed confidence that their presence in Ghana would contribute significantly to solidifying existing friendships and exploring new avenues for cooperation between Ghana and their respective countries.

    Distributed by APO Group on behalf of The Presidency, Republic of Ghana.

    MIL OSI Africa –

  • MIL-OSI Africa: “We heard the deep frustration of community leaders in Bani Walid; they deserve a better future”, says Deputy Special Representative of the Secretary General for Political Affairs (DSRSGP) Koury

    Source: APO


    .

    The municipal council, community leaders, elected officials, civil society representatives, including women and youth leaders, and academics of Bani Walid met with Deputy Special Representative of the Secretary General for Political Affairs, Stephanie Koury, during public consultations held on Saturday.

    During a townhall with representatives of the Bani Walid Social Council, speakers deplored the absence of national reconciliation and unresolved human rights violations, particularly those linked to the implementation of Law No. 7 of 2012.

    One participant  in expressing frustration with the status quo, passionately declared: “Libya does not need agents to decide on its behalf. Instead, it needs an end to the political bodies perpetuating the status quo and the organization of presidential and legislative elections under the supervision of the Supreme Judicial Council.”

    “The people of Bani Walid are very clear in their demands and needs,” said DSRSGP Koury, addressing the  Townhall attendees. “I heard deep frustrations and the need to advance national reconciliation, equitable development, and effective political representation. Only a genuine, inclusive and comprehensive process can effectively address these longstanding challenges.”

    Throughout other meetings with municipal councils of Bani Walid, Tininay, and Mardum, as well as with representatives from civil society organizations, youth, and women, calls for a fundamental change of Libya’s political and security landscape were consistently echoed. Participants specifically advocated for activating dialogue mechanisms, establishing a constituent body, broadening political participation, and forming a compact, technocratic government.

    A recurring theme in most meetings was criticism directed at UNSMIL’s perceived slow progress in advancing the political process. However, numerous participants urged the mission to play a greater role, particularly in national reconciliation, and to adopt a more robust stance in sanctioning those obstructing the political process or contributing to the deteriorating security situation. Koury clarified that UNSMIL will not hesitate to name the spoilers of the political process.

    In discussing the way forward, DSRSG Koury noted, “We have to work together to resolve the issues raised not only by the people of Bani Walid, but also by communities across the country, through an inclusive political process. We need to move beyond the cycle of chronic transitions for the greater good of Libya and its people.” .

    Participants also underscored the importance of empowering municipal councils with greater authority and resources from the central government. They pointed out that insufficient funding not only hampers the delivery of essential services, including healthcare and education, but also erodes public confidence in the electoral process.

    The vital contributions of women and youth to their communities were also highlighted, along with calls for their meaningful empowerment and full inclusion in decision-making processes.

    The mission’s visit to Bani Walid concluded with a stop at the city’s University, where the delegation met with academics and members of the House of Representatives and the High Council of State. Discussions centered on the options and recommendations put forward by the Advisory Committee and potential lasting solutions to the political stalemate. Across all meetings, a consistent demand was that as the UNSMIL-facilitated political process advances, the UN should prioritize greater inclusion of Bani Walid, broader participation and meaningful representation of voices from across Libya, including the Warfalla tribe.  The academics indicated they are going to study the Advisory Committee options in detail and provide written comments.

    In May 2025, UNSMIL published the Executive Summary of the Advisory Committee’s Report which outlines four proposed options to advance the political process : 

    1. Conducting presidential and legislative elections simultaneously; 
    2. Conducting parliamentary elections first, followed by the adoption of a permanent constitution; 
    3. Adopting a permanent constitution before elections; or 
    4. Establishing a political dialogue committee, based on the Libyan Political Agreement to finalize electoral laws, executive authority and permanent constitution. 

    All participants were encouraged to complete the online poll [link] and share it widely to ensure the voices of Bani Walid and its communities are reflected in the design of Libya’s political roadmap.

    Distributed by APO Group on behalf of United Nations Support Mission in Libya (UNSMIL).

    MIL OSI Africa –

  • MIL-OSI Africa: Li Qiang Meets with Speaker of the Egyptian House of Representatives Hanafy Ali Gebaly

    Source: APO


    .

    On July 9, 2025 local time, Premier Li Qiang of the State Council met with Speaker of the Egyptian House of Representatives Hanafy Ali Gebaly in Cairo.

    Li Qiang said that although China and Egypt are geographically distant, the friendship between the two countries has a long-standing history. Since the establishment of diplomatic relations, no matter how the international landscape changes, the traditional friendship between China and Egypt remains unchanged, and the momentum of bilateral relations and cooperation continues to grow, demonstrating a strong internal dynamism. China is ready to work with Egypt to further promote traditional friendship, enhance political mutual trust, firmly support each other’s core interests and major concerns, and continuously elevate bilateral relations to new heights and achieve more new results in bilateral cooperation, so as to better benefit the people of both countries. Li Qiang expressed the hope that the two sides will maintain friendly exchanges between legislative bodies, strengthen policy communication and share experience on state governance, and continuously enhance mutual understanding.

    Li Qiang pointed out that China is ready to deepen development synergies with Egypt, follow the guidance of high-quality Belt and Road cooperation, and make use of the China-Arab States Cooperation Forum and the Forum on China-Africa Cooperation to improve the quality and efficiency of bilateral economic and trade cooperation. The two sides should focus on the cooperation in the sustainable operation of bilateral landmark projects to continuously improve the level of two-way trade and investment facilitation, strengthen industrial synergies and market connectivity, expand cooperation in emerging fields such as digital economy and green development, and promote a higher level of mutual benefit and win-win results. China is ready to maintain close communication and coordination with Egypt within mechanisms including the United Nations, BRICS and the Shanghai Cooperation Organization, promote all parties to jointly safeguard the basic norms governing international relations and the multilateral trading system, and inject more positive energy into the cause of global peace and development.

    Hanafy Ali Gebaly said that Egypt and China, as two great ancient civilizations, share a long history of exchanges and profound friendship between their peoples. Egypt admires the remarkable achievements China has made in its economic and social development, and firmly believes that under the leadership of President Xi Jinping, China will successfully realize Chinese modernization, bringing new opportunities for cooperation between China and other developing countries. The Egyptian side abides by the one-China principle, respects China’s sovereignty and territorial integrity, and opposes interference in China’s internal affairs. Egypt stands ready to expand practical cooperation with China under the framework of the Belt and Road Initiative in areas such as trade, investment and new energy, enhance multilateral coordination, uphold the multilateral trading system with the World Trade Organization at its core, and jointly address global challenges. The Egyptian House of Representatives is willing to strengthen exchanges and cooperation between the legislative bodies of both countries.

    Distributed by APO Group on behalf of Embassy of the People’s Republic of China in the Republic of Zambia.

    MIL OSI Africa –

  • MIL-OSI Africa: South Africa: Committee on Sports Apologises to Caster Semenya for Shabby Treatment at Hands of the International Association of Athletics Federations (IAAF)

    Source: APO


    .

    The Portfolio Committee on Sports, Arts and Culture Chairperson, Mr Joe McGluwa, has apologised to three-time world 800-metre champion Ms Caster Semenya for the treatment she has received at the hands of the International Association of Athletics Federations (IAAF), which has sought to unfairly criminalise her sporting ability.

    The committee noted the ruling of the European Court for Human Rights, which has correctly ruled that the IAAF had discriminated against Ms Semenya. “This is vindication for the support. As the Chairperson of the committee, I was fortunate to be involved in all these controversies since 2010. Caster has stood the test of time despite being ridiculed because someone, somewhere, could not believe that a girl from Limpopo could make us proud,” Mr McGluwa said.

    “We should now close this chapter once and for all as a decision had finally been made. One can only imagine how South Africa’s jewel has been affected and frustrated by all of this. And for all of this, we South Africans say we apologise and we salute you,” said Mr McGluwa.

    Mr McGluwa said everybody should focus on the future now and, if possible, Athletics South Africa should find a way to contribute in new ways to her sport and her country.

    In 2021, Ms Semenya appealed to the European Court following a set of IAAF special regulations, which ordered her to lower her testosterone levels. “We can’t run away from it; Caster is talented. It will take our country a long while to produce another powerhouse athlete as her,” concluded Mr McGluwa.

    Distributed by APO Group on behalf of Republic of South Africa: The Parliament.

    MIL OSI Africa –

  • MIL-OSI Africa: Finance Minister Inaugurates New Board of Consolidated Bank Ghana

    Source: APO


    .

    Finance Minister, Dr. Cassiel Ato Forson, has inaugurated a new Board of Directors for Consolidated Bank Ghana Limited (CBG).

    Speaking at the swearing-in ceremony, Dr. Ato Forson reminded the board that CBG stands as a symbol of the state’s intervention, when approximately GH₵30 billion was spent to purportedly salvage and restore confidence in the financial sector.

    “I have assured the board of the government’s commitment to recapitalize CBG in the coming year. However, it is equally important that this board safeguards taxpayers’ money, as you have been entrusted with a crucial national asset,” he charged.

    The Finance Minister also issued a firm warning against the era of excessive salaries and board allowances within State-Owned Enterprises (SOEs), stressing that such practices would not be tolerated under the current administration.

    Newly appointed Board Chairman, Mr. Ernest Mawuli Agbesi, expressed his gratitude for the opportunity to serve the nation once again. He commended the government’s resolve to recapitalize the bank and pledged that the board would work diligently to deliver value to both the government and the Ghanaian people.

    The newly inaugurated CBG Board comprises:

    •             Mr. Ernest Mawuli Agbesi — Chairperson

    •             Dr. Naomi Wolali Kwetey — Managing Director

    •             Ms. Irene Ackuaku — Member

    •             Mr. David Adom — Member

    •             Mr. Michael Kwasi Anyamesem — Member

    •             Mr. Stephen Kporzih — Member

    •             Dr. Sa-ad Iddrisu — Member

    •             Mrs. Immaculate Kawe Kanlisi — Member

    •             Mr. John Alexander Ackon — Member

    Distributed by APO Group on behalf of Ministry of Finance – Republic of Ghana.

    MIL OSI Africa –

  • MIL-OSI Africa: Verdant IMAP Advises Miro Forestry & Timber Products (“Miro”) on its Equity Raise

    Source: APO

    Verdant IMAP (www.Verdant-Cap.com) acted as sole financial adviser to Miro Forestry & Timber Products (“Miro”) on its equity capital raise.

    The equity capital raise was led by Lagata an investment company focused on active investments in sub-Sahara Africa with significant experience in the forestry sector in the West Africa region.  Lagata, which is now Miro’s largest shareholder, brings strategic value and alignment with Miro’s long-term vision.  Five existing shareholders in Miro also participated in the equity funding transaction, Agwa Partners, British International Investment, Finnfund, FMO and Mirova, demonstrating continued confidence in Miro’s strategy, impact and commercial potential, and validating the overall transaction structure.  Proceeds from the equity capital raise will be used to fund operations, working capital requirements, and ongoing planting activities aligned with Miro’s business plan.

    The equity capital raise was achieved during a challenging period for the wider industry, with macroeconomic pressures and a prolonged downturn in plywood prices. Yet demand continues to grow for resilient, responsibly sourced materials. Miro’s vertically integrated model, combining certified sustainable forestry, local job creation, and advanced plywood manufacturing, offers a compelling solution to global buyers looking to secure long-term, ethical supply. 

    This transaction highlights Verdant IMAP’s ability to structure and execute complex capital solutions for its clients, while reinforcing its strong relationships with leading development finance institutions. The transaction is Verdant IMAP’s sixth completed transaction in the broader agro-industrial sector in the last 24 months.  The transaction also represents Verdant IMAP’s fifth major transaction in West Africa in the last four years. 

    Berend Jan Kingma, CEO of Miro, commented:
     
    “We are proud to welcome Lagata as our new principal shareholder. Their experience in forestry and deep understanding of African markets make them a natural partner for the next phase of Miro’s growth. We are equally grateful for the continued support of our existing shareholders, who share our belief in the power of sustainable forestry to deliver both commercial and social value. With this investment, we’re well positioned to strengthen our global reach and deepen our impact across the region.”

    Distributed by APO Group on behalf of Verdant Capital.

    Media Enquiries:
    Orient Mahonisi
    T: +27 10 140 3700
    E: orient.mahonisi@verdant-cap.com

    About Verdant IMAP:
    Verdant IMAP is a leading investment bank operating on a pan-African focus, specialising in M&A and in private capital markets.  Verdant IMAP is the IMAP partner firm for its region.  IMAP with partner firms in nearly 50 countries, with over 600 M&A professionals, completing over 250 M&A transactions per year, reinforces Verdant IMAP’s capability to deliver innovative financial solutions to clients across Africa and around the World. www.Verdant-Cap.com 

    About Miro Forestry & Timber Products:
    Founded in 2009, Miro is a vertically integrated plywood manufacturing business headquartered in the United Kingdom, with operations in Ghana and Sierra Leone. The company manages over 20,000 hectares of sustainably planted timberland, producing high-quality FSC-certified hardwood plywood and ancillary timber products. Miro supplies customers globally, including in North America, Europe, the Middle East, and in local African markets.  Miro employs over 4,000 people.

    About Lagata:
    Lagata invest in businesses in growth markets, with a specific expertise in emerging markets and particularly in Sub–Saharan Africa. Lagata puts responsible investment at the core of its investment strategy, focusing on growing businesses that can generate sustainable profits and create a positive social and environmental impact. Lagata adds long-term value to their businesses while aiming to improve the infrastructure where they operate. Lagata achieves this through hands on involvement, and by connecting these companies to the ecosystem of support services that Lagata have built up throughout the region.

    Media files

    .

    MIL OSI Africa –

  • MIL-OSI Africa: Finance Minister Inaugurates New Board of Agricultural Development Bank

    Source: APO


    .

    The Minister for Finance, Dr. Cassiel Ato Forson, has inaugurated a new Board of Directors for the Agricultural Development Bank (ADB), with a call on the members to stay true to the bank’s core mandate of championing Ghana’s agricultural transformation.

    At a brief ceremony to formally induct the board, the Minister underscored the critical role of agriculture in national development, noting that no country can achieve sustainable growth without a vibrant and resilient agricultural sector.

    “I have therefore tasked the new board to remain focused and guided by their primary mandate — serving Ghana’s agricultural sector,” he stated.

    In a significant announcement, Dr. Ato Forson assured the new board and management of plans to recapitalize the Agricultural Development Bank in 2026.

    This move, he explained, is aimed at strengthening ADB’s financial position to better support farmers, agribusinesses, and agricultural value chain initiatives.

    The newly inaugurated board is chaired by Mr. Kenneth Kwamina Thompson, with Mr. Edward Ato Sarpong serving as Managing Director.

    Other distinguished members include:

    •             Hon. Andrew Dari Chiwitey

    •             Mr. Siisi Essuman-Ocran

    •             Hon. Dr. E. Prince Arhin

    •             Hon. Misbahu Mahama Adams

    •             Wing Commander Samuel J.A. Allotey

    •             Mr. Courage Akanwunge Asabagna

    •             Mr. Abdul Nasir M. Saani

    Distributed by APO Group on behalf of Ministry of Finance – Republic of Ghana.

    MIL OSI Africa –

  • MIL-OSI Africa: Finance Minister Inaugurates New National Investment Bank (NIB) Board, Hints at Major Recapitalisation Plan

    Source: APO


    .

    Finance Minister Dr. Cassiel Ato Forson has inaugurated a new 9-member board for the National Investment Bank (NIB), pledging a major government decision to recapitalise the bank.

    Speaking at the inauguration ceremony, Dr. Ato Forson acknowledged that NIB had been subjected to political interference in the past but emphasized that this era has come to an end. “NIB was turned into a political football. But that ends now,” the Finance Minister declared.

    The Finance Minister revealed that the government has taken a bold decision to recapitalise NIB and committed to reveal fuller details of the NIB recapitalisation plan during the upcoming mid-year review.

    The newly inaugurated board is chaired by Mr. Frank Adu Jnr., who expressed gratitude to the Finance Minister and appealed for continued support to help turn around the bank’s fortunes.

    The complete board composition includes Managing Director, Dr. Doli-wura Awushi Abdul-Malik Seidu Zakarai, Hon. Dr. Othniel Ekow Kwainoe, Hon. Ebenezer Kwaku Addo. Other members are Dr. Mrs. Mercy Naa Aku Ofei-Koranteng, Dr. Shani Bashiru, Mr. Max George Cobbina, Dr. Kwasi Akyem Apea-Kubi, and Dr. Alfred Attuquaye Botchway.

    Distributed by APO Group on behalf of Ministry of Finance – Republic of Ghana.

    MIL OSI Africa –

  • MIL-OSI Video: WhatsApp Video 2025-07-10 at 09.10.28.mp4

    Source: Republic of South Africa (video statements)

    Message of Tribute | Deputy Minister of Woman, Youth, and People with Disabilities, Mmapaseka Steve Letsike @msletsike pays tribute to the late Former Deputy President David Mabuza.

    #RIPDavidMabuza #GovZAUpdates

    https://www.youtube.com/watch?v=kY1tgIG7w6M

    MIL OSI Video –

  • MIL-OSI Security: Defense News in Brief: Trilateral Naval Logistics Arrangement for Further Cooperation Signed

    Source: United States Navy

    BRISBANE, Australia – Senior U.S., Australian and Japanese flag officers agreed today to further enhance logistics interoperability among their maritime forces. Their intent is to enable deeper maritime cooperation among the three nations, building upon their enduring commitment to stability and security in the Indo-Pacific.

    MIL Security OSI –

  • MIL-OSI Russia: Zhang Guangqing: 13 years of grassroots work, addressing people’s problems

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    Zhang Guangqing, from the Dongsheng District Judicial Bureau in Ordos City, north China’s Inner Mongolia Autonomous Region, is a judicial worker with 13 years of grassroots experience. He has successfully resolved more than 1,200 different conflicts and disputes, totaling over 100 million yuan, with a settlement success rate of 96% and a 100% implementation of settlement agreements and satisfaction rate.

    Zhang Guangqing boldly innovates the work of people’s mediation, cleverly develops a new model of “Internet Mediation”, uses an online mediation platform, overcomes space-time barriers, allows data to “run” more and people to “run” less, and realizes the principle of “solving problems without leaving home”.

    In March 2023, he was recognized as the Chief People’s Mediator by the Ministry of Justice of the Inner Mongolia Autonomous Region. Through his actions, he has proven that people’s mediators are the “first line of defense” in maintaining social harmony and stability, and an indispensable force in building a rule-of-law state and a secure China.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: Chinese Premier Returns to Beijing After Official Visit to Egypt

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 11 (Xinhua) — Chinese Premier Li Qiang returned to Beijing on a chartered plane on Friday after completing an official visit to Egypt.

    He was seen off at the airport by Egyptian Minister of Investment and Foreign Trade Hassan El-Khatib and Chinese Ambassador to Egypt Liao Liqiang. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: US to impose 35% tariffs on Canadian imports from August 1 – D. Trump

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    NEW YORK, July 11 (Xinhua) — U.S. President Donald Trump on Thursday announced the imposition of a 35 percent tariff on imports from Canada starting Aug. 1.

    D. Trump posted on the social network Truth Social the text of a letter addressed to Canadian Prime Minister Mark Carney, in which he criticized the country for its retaliatory measures to previous American tariffs.

    He noted that the new tariff was partly due to the flow of fentanyl from Canada, as well as alleged unfair trade practices. The president said he would “consider adjusting” the tariffs if Canada cooperated with the U.S. to stop the flow of fentanyl.

    The letter used language similar to that sent to leaders of more than 20 countries earlier this week, warning against retaliation, urging companies to relocate to the United States and promising to adjust tariffs if countries cooperate.

    The Trump administration previously imposed 25 percent tariffs on Canadian goods but later exempted products covered by the U.S.-Canada-Mexico trade agreement. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • UPI impact: India now makes faster payments than any other country, says IMF

    Source: Government of India

    Source: Government of India (4)

    India now leads the world in faster payments, thanks to the widespread adoption of the Unified Payments Interface (UPI), according to a recent note from the International Monetary Fund (IMF).

    Since its launch in 2016, UPI has witnessed exponential growth, while several indicators of cash usage have shown a declining trend. UPI now processes over 18 billion transactions per month, dominating the electronic retail payments ecosystem in India, the IMF noted in its paper titled “Growing Retail Digital Payments: The Value of Interoperability.”

    UPI is an instant payments platform built on the Immediate Payment Service (IMPS) infrastructure and has revolutionized India’s digital payments landscape. The IMF emphasized that interoperability has significantly enhanced the user experience and driven broader adoption of digital payments.

    “Interoperability directly increases users’ freedom to choose their favourite app, enabling them to take full advantage of the variety and quality of apps available. Interoperability can also facilitate entry by new providers and incentivise existing providers to upgrade their apps, offering indirect benefits to users,” said the IMF note.

    The IMF pointed out that interoperability not only boosts user adoption but also makes digital payments more appealing compared to closed-loop systems, where payments are limited to a single provider’s network.

    The note further added that providing infrastructure for interoperable systems or supporting them through regulation could be a promising strategy for countries aiming to shift from cash-based to digital economies.

    The National Payments Corporation of India (NPCI) launched the Bharat Interface for Money (BHIM) app in late 2016, at a time when UPI usage was minimal and few providers existed in the market.

    “Indeed, BHIM initially accounted for more than half of payer-side total transaction value, prior to the take-off of apps produced by major fintech firms. This highlights the potential catalytic role of direct public provision of payment apps,” according to the IMF note.

    The public sector, the IMF noted, can help overcome coordination failures—such as the lack of user adoption due to limited high-quality apps, and the lack of high-quality apps due to low user adoption—thus kick-starting the ecosystem.

    In terms of performance, UPI volumes in June 2025 recorded a 32% year-on-year growth, while transaction values rose 20% compared to June last year. The number of daily UPI transactions increased to 613 million in June, up from 602 million in May.

    (With inputs from IANS)

  • India’s economic growth on track despite global challenges: report

    Source: Government of India

    Source: Government of India (4)

    India’s economic growth continues to remain on track despite global uncertainties, supported by improvements in key high-frequency indicators in both the services and manufacturing sectors, according to a report by Bank of Baroda released on Friday.

    The report notes that consumption has gained momentum in the first quarter (Q1) of FY26 compared to the previous quarter. Higher steel consumption, a rise in electronic imports, and increased central government revenue expenditure have contributed to the uptick in demand.

    Services sector activity also showed signs of improvement, as reflected in robust services PMI figures, higher vehicle registrations, increased diesel consumption, stronger revenue collections by states, and growth in e-way bill generation.

    However, the report flagged some concerns regarding the performance of 2-wheeler sales and a slight moderation in consumer durables and FMCG output. Domestic inflation trends remain favourable, which could allow for a softer monetary policy stance and further boost growth.

    The report also highlighted healthy monsoon progress so far, with rainfall about 15 per cent above the long-period average as of July 9, which is expected to support the agricultural sector.

    On the fiscal front, the report said the Central government’s finances remain strong, with the fiscal deficit narrowing to 4.5 per cent of GDP as of May 2025, compared to 4.6 per cent in April 2025.

    The rupee outlook also remains positive. After depreciating by 1.3 per cent in May, the rupee weakened marginally by 0.2 per cent in June and traded in a narrow range towards the end of the month, helped by easing geo-political tensions and a softer US dollar.

    “In July, the rupee is trading with an appreciating bias despite lingering concerns over US tariff policies. This trend is likely to continue with investors hopeful about the timely conclusion of the India-US trade deal before the August 1 deadline,” the report said.

    Globally, the report observed that fresh tariffs and related policy uncertainty are clouding the outlook for growth and inflation. The US Federal Reserve’s minutes indicate that these concerns could limit the scope for monetary policy easing, which may add to market volatility in the coming months.

    -IANS

  • MIL-OSI New Zealand: Fatal crash, Hornby

    Source: New Zealand Police

    Police can confirm one person has died following a crash in Hornby this evening.

    The single vehicle crash on Waterloo Road was reported just before 5pm.

    Waterloo Road is currently closed, diversions are in place.

    The Serious Crash Unit are in attendance.

    ENDS

    Issued by Police Media Centre

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Fatal crash, SH3, Te Mapara

    Source: New Zealand Police

    Police can confirm one person has died following a crash on State Highway 3, Te Mapara earlier today.

    The wo-vehicle crash was reported at around 11:30am.

    The Serious Crash Unit attended and have completed a scene examination.

    State Highway 3 has since re-opened.

    ENDS

    Issued by Police Media Centre

    MIL OSI New Zealand News –

  • MIL-OSI Banking: Joint Communique of the 58th ASEAN Foreign Ministers’ Meeting Kuala Lumpur 9 July 2025

    Source: ASEAN – Association of SouthEast Asian Nations

    1. The 58th ASEAN Foreign Ministers’ Meeting (AMM) was held on 9 July 2025, in Kuala Lumpur, Malaysia. The Meeting was chaired by Malaysia under the theme “Inclusivity and Sustainability”.
     
    2. The Meeting was opened by The Honourable Dato’ Seri Anwar Ibrahim, Prime Minister of Malaysia. In his remarks, Prime Minister Anwar highlighted ASEAN’s strength in its habits of cooperation and its willingness to keep engaging. He emphasised that ASEAN is a region that charts its own course deliberately, coherently, and with purpose. Prime Minister Anwar underlined the principle of Centrality as ASEAN’s guiding principle, which is crucial for maintaining the region’s role as the primary anchor for dialogue and ensuring external partners continue to find value in engaging with ASEAN. In line with the ASEAN 2045: Our Shared Future, he called for greater synergy across pillars and sectors, and proposed for ASEAN Foreign Ministers and ASEAN Economic Ministers to move in concert in facing challenges. He underscored the importance of fortifying ASEAN’s internal foundations, by increasing intra-ASEAN trade and investment and advancing integration across sectors.
     
    Download the full joint Communique here.

    The post Joint Communique of the 58th ASEAN Foreign Ministers’ Meeting Kuala Lumpur 9 July 2025 appeared first on ASEAN Main Portal.

    MIL OSI Global Banks –

  • MIL-OSI New Zealand: Serious accident: Hillsborough Road Mt Roskill

    Source: New Zealand Police

    A three-car crash on Hillsborough Road around 5pm is causing major traffic delays in Mt Roskill.

    Emergency services are onsite tending one person who has sustained moderate injuries.

    One driver left the scene and attempts to locate that person are underway. 

    Road closures are in place between James Tyler Crescent and Dominion Road.

    The Serious Crash Unit is in attendance and motorists are asked to avoid the area.

    ENDS

    Nicole Bremner/NZ Police 

    MIL OSI New Zealand News –

  • MIL-OSI Australia: Arrest – Criminal damage – Alice Springs

    Source: Northern Territory Police and Fire Services

    The Northern Territory Police Force has arrested a 22-year-old male in relation to a criminal damage incident that occurred at a restaurant in the Alice Springs CBD on Tuesday, where significant damage was caused to the premises.

    The offender was located and arrested by Alice Springs police a short time ago in The Gap. 

    He remains in custody and is expected to be charged with Damage to property, Armed with an offensive weapon and Possession of a prohibited weapon.

    MIL OSI News –

  • MIL-OSI Economics: Strengthening Armenian SMEs: New BSTDB Agreement Signed in Yerevan

    Source: Black Sea Trade and Development Bank

    Press Release | 10-Jul-2025

    USD 7 Million Loan Facility to Enhance SME Competitiveness and Regional Integration

    The Black Sea Trade and Development Bank (BSTDB) signed a new SME loan facility agreement with the Development and Investments Corporation of Armenia (DICA) during the Business Forum “Armenia: Accelerating Regional Success”, held in the margins of the Bank’s Annual Meeting in Yerevan.

    Under the agreement, BSTDB will provide a USD 7 million loan to DICA for on-lending to local small and medium-sized enterprises (SMEs). This second BSTDB facility for our partner institution will support businesses in meeting their capital expenditure and working capital needs.

    The operation reflects BSTDB’s strategic commitment to fostering inclusive economic growth, job creation, and cross-border business ties in line with broader regional development priorities. By targeting the SME sector—a key pillar of Armenia’s economy—the facility aims to boost productivity, improve competitiveness, and expand the export potential of Armenian enterprises.

    Building on a strong track record of cooperation with DICA, the loan will allow BSTDB to deepen its impact in Armenia’s financial sector and extend access to finance for a wider range of entrepreneurs. The initiative supports the Bank’s broader mandate to promote economic resilience and institutional development across the Black Sea region.

    Signing the agreement, the BSTDB President, Dr. Serhat Köksal, commented: “Supporting Armenia’s dynamic SME sector is a priority for BSTDB. Through our partnership with DICA, an Armenian state-owned entity, we are helping businesses access the capital they need to invest, expand, and contribute to the country’s prosperity. Signing this agreement during the Business Forum in Yerevan highlights the role of collaboration in driving private sector development and deepening economic ties across the Black Sea region.”

    “We highly appreciate the continuation of our effective partnership with the Black Sea Trade and Development Bank. This loan agreement is also evidence of our successful cooperation and allows us to expand our investments in the SME sector of Armenia. DICA, as an institution actively participating in the financial system of the Republic of Armenia, is committed to its mission to make financial resources available to the real sector of the economy. The 7 million USD attracted from BSTDB will be directed to increasing the competitiveness of Armenian business, creating jobs and regional integration, contributing to the sustainable development of our country’s economy,” said Artur Badalyan, Executive Director of the Development and Investment Corporation of Armenia (DICA).

     

    The Development and Investments Corporation of Armenia (DICA), was founded in 2009 as a universal credit organization, used as a vehicle to finance Armenian SMEs and certain investment projects and facilitate the development of Armenian economy. 100% of DICA shares are owned by the Government of Republic of Armenia through the Investment Support Center (ISC – 50.9%) and the Ministry of Finance (49.1%). Aiming to develop and strengthen public-private partnership, the Corporation has assumed the role of a special intermediary in the RA financial market, financing the real sector of the economy. DICA is one of the participants in the financial system of the Republic of Armenia, controlled by the Central Bank of the Republic of Armenia. More information at: www.dica.am/en

    The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Türkiye, and Ukraine. The BSTDB headquarters are in Thessaloniki, Greece. BSTDB supports economic development and regional cooperation by providing loans, credit lines, equity and guarantees for projects and trade financing in the public and private sectors in its member countries. The authorized capital of the Bank is EUR 3.45 billion. For information on BSTDB, visit www.bstdb.org.

     

    Contact: Haroula Christodoulou

    : @BSTDB

    MIL OSI Economics –

  • MIL-OSI Economics: BSTDB Supports Armenian SMEs with New USD 20 Million Facility to ARMECONOMBANK

    Source: Black Sea Trade and Development Bank

    Press Release | 10-Jul-2025

    New financing to strengthen SME growth, employment, and regional trade ties

    Armenian small and medium-sized enterprises (SMEs) are set to benefit from a new USD 20 million SME Facility provided by the Black Sea Trade and Development Bank (BSTDB) to ARMECONOMBANK (Armenian Economy Development Bank), a longstanding partner financial institution in Armenia.

    Signed on the sidelines of the Bank’s Business Forum, “Armenia: Accelerating Regional Success”, this new facility will be on-lent to Armenian SMEs to enhance their liquidity, expand operations, and strengthen their capacity to engage in cross-border trade. The financing is expected to support employment, income generation, and regional trade growth.

    “Our cooperation with ARMECONOMBANK is a testament to what long-term partnerships can achieve. Over the years of working with our partner bank, we have helped hundreds of Armenian SMEs access funding to sustain their activities and growth plans. This new facility, signed at our Business Forum, underlines BSTDB’s role in fostering regional integration and creating real economic opportunities for Armenian businesses through improved access to finance and cross-border trade”, said Dr. Serhat Köksal, President of BSTDB.

    Artak Arakelyan, the CEO of ARMECONOMBANK OJSC says: “We would like to express our deep gratitude for the strategic cooperation between ARMECONOMBANK and BSTDB starting from far 2007. Throughout these 18 years AEB has emphasized the importance of cooperation with international organizations, the evidence of which is the comprehensive partnership record with first class IFIs witnessed by the successful projects and the level of trust towards the Bank. This is the subsequent SME Facility that will allow our bank to unlock the long-term financing with competitive conditions to clients at this challenging time.”

    BSTDB’s cooperation with ARMECONOMBANK began in 2007 and has since delivered three SME loan facilities totaling USD 25 million.

     

    ARMECONOMBANK OJSC is one of the oldest universal commercial banks in Armenia, focusing on SME and retail business development. Being in the top 10 Armenian banks, it is represented in all regions of the country through a network of 53 branches. Armeconombank is rated by Moody’s Investors Service and Fitch Ratings. Detailed information at: www.aeb.am

    The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Türkiye, and Ukraine. The BSTDB headquarters are in Thessaloniki, Greece. BSTDB supports economic development and regional cooperation by providing loans, credit lines, equity and guarantees for projects and trade financing in the public and private sectors in its member countries. The authorized capital of the Bank is EUR 3.45 billion. For information on BSTDB, visit www.bstdb.org.

     

    Contact: Haroula Christodoulou

    : @BSTDB

    MIL OSI Economics –

  • MIL-OSI Economics: BSTDB and Inecobank Expand Support for Armenian SMEs with New USD 10 Million Credit Line

    Source: Black Sea Trade and Development Bank

    Press Release | 10-Jul-2025

    Agreement signed during BSTDB Business Forum in Yerevan bolsters private sector growth

    The Black Sea Trade and Development Bank (BSTDB) and Inecobank have signed a new USD 10 million credit line to support the development of small- and medium-sized enterprises (SMEs) in Armenia. The agreement was signed during the BSTDB Business Forum in Yerevan, a flagship event that promotes regional cooperation and sustainable economic growth.

    The new facility responds to the growing demand for medium-term financing among Armenian SMEs and aims to boost the lending capacity of Inecobank, a leading player in the SME sector. Beyond the direct financial support, it is expected to support job creation, income generation, infrastructure development, and increased trade activity, generating broader multiplier effects across the economy.

    The operation is fully aligned with the priorities of the BSEC Economic Agenda, which promotes regional development, financial inclusion, and the growth of competitive private sector enterprises.

    “This new agreement reflects our strong commitment to strengthening the SME ecosystem in Armenia and across the Black Sea region,” said Dr. Serhat Köksal, President of BSTDB. “By working with a trusted and experienced partner like Inecobank, we are not only expanding access to finance but also investing in long-term institutional development that drives inclusive and resilient growth.”

    “At Inecobank, we value financing that contributes to long-term economic development and business growth.” said Hayk Voskanyan, Chief Executive Officer of Inecobank. “This facility supports our ongoing efforts to expand SME lending in areas where access to capital can drive competitiveness and private sector development. Our collaboration with BSTDB contributes meaningfully to this agenda.”

    This is the fourth credit line BSTDB has provided to Inecobank since the partnership began in 2007. To date, BSTDB has extended over USD 21.8 million in financing to more than 100 Armenian enterprises through Inecobank, contributing meaningfully to private sector expansion and economic diversification.

     

    Inecobank CJSC is a leading financial institution in the South Caucasus, offering a full range of banking services to individuals, SMEs, and large enterprises. Established in 1996, the bank serves over 600,000 clients across Armenia and is recognized for its focus on innovation and modern banking solutions. Inecobank maintains strong relationships with top international financial institutions and partners with over 30 global organizations through diverse financing programs.

    The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Türkiye, and Ukraine. The BSTDB headquarters are in Thessaloniki, Greece. BSTDB supports economic development and regional cooperation by providing loans, credit lines, equity and guarantees for projects and trade financing in the public and private sectors in its member countries. The authorized capital of the Bank is EUR 3.45 billion. For information on BSTDB, visit www.bstdb.org.

     

    Contact: Haroula Christodoulou

    : @BSTDB

    MIL OSI Economics –

  • MIL-OSI Economics: BSTDB Backs Expansion of Leading Armenian Supermarket Chain

    Source: Black Sea Trade and Development Bank

    Press Release | 10-Jul-2025

    €15 Million Loan to SAS Group Will Boost Retail Infrastructure, Jobs, and Local Farming

    The Black Sea Trade and Development Bank (BSTDB) is providing a €15 million loan to SAS Group LLC, one of Armenia’s top retail companies, to support its expansion plans and strengthen the country’s retail sector.

    The financing will fund the construction of new retail outlets in Yerevan and help refinance existing obligations, reinforcing the company’s financial sustainability and long-term growth. A trusted partner of BSTDB since 2007, SAS Group has consistently demonstrated strong operational performance and commitment to quality service in Armenia’s retail sector.

    “This investment reflects BSTDB’s continued commitment to fostering private sector growth in Armenia,” said Dr. Serhat Köksal, President of BSTDB. “By supporting a well-established local company like SAS Group, we are helping to modernize retail infrastructure, enhance consumer access, and create tangible economic value—from increased employment to stronger links with domestic producers. I am especially pleased to conclude our Armenia Business Forum with the signing of this agreement, which exemplifies the kind of partnership and progress we aim to promote across the region.”

    “We are pleased to have agreed a new long-term loan from our established partner BSTDB.  This financing will support our investments, leading to improved level of service and bringing benefits to our customers.” said Artak Sargsyan, SAS Founder.

     

    Established in 1998, SAS-Group LLC one of the leading retail trade operators in Armenia. The Company operates in total ten retail outlets: eight supermarkets and two “Home Stores” in Yerevan.

    The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Türkiye, and Ukraine. The BSTDB headquarters are in Thessaloniki, Greece. BSTDB supports economic development and regional cooperation by providing loans, credit lines, equity and guarantees for projects and trade financing in the public and private sectors in its member countries. The authorized capital of the Bank is EUR 3.45 billion. For information on BSTDB, visit www.bstdb.org.

     

    Contact: Haroula Christodoulou

    : @BSTDB

    MIL OSI Economics –

  • MIL-OSI Banking: From the Slopes of Kibuka: How women are building a better future

    Source: African Development Bank Group
    The road to Kibuka clings to the mountainside, a winding ribbon of gravel and red clay cutting through misty forests. There are no guardrails—just sheer drops into a sea of green. Occasionally, a weathered pickup or motorbike emerges from the fog, making a careful descent from the village above.

    MIL OSI Global Banks –

  • MIL-OSI Banking: African Development Bank to host “A Spatial Event! Mapping the Future: Harnessing Geospatial Tools for Transformative Development.”

    Source: African Development Bank Group
    WHAT:        Leading-Edge Insights (LEI) Series
    WHO:         African Development Bank Group
    WHEN:      24 July 2025; 14:00 –16:00 GMT
    WHERE:    Hybrid – African Development Bank Group Headquarters, Room 02S06 , CCIA Building, Plateau, Abidjan, Côte d’Ivoire and Virtual (Online Event)

    MIL OSI Global Banks –

  • PM Modi to distribute over 51,000 appointment letters under Rozgar Mela

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi will distribute more than 51,000 appointment letters to newly appointed youth in various government departments and organisations on Saturday. The distribution will take place via video conferencing at around 11 am.

    During the event, the Prime Minister will also address the new recruits.

    The Rozgar Mela is part of the government’s ongoing efforts to give top priority to employment generation. The initiative aims to create meaningful opportunities for the youth and to encourage their active participation in nation-building.

    According to official data, more than 10 lakh appointment letters have already been handed out through Rozgar Melas held across the country.

    The 16th edition of the Rozgar Mela will be organised at 47 locations nationwide. New recruits will join various ministries and departments including the Ministry of Railways, Ministry of Home Affairs, Department of Posts, Ministry of Health and Family Welfare, Department of Financial Services, and the Ministry of Labour and Employment, among others.

    The appointees have been selected from across the country and will take up roles in different sectors, further strengthening the government workforce and contributing to the country’s development goals.

    The Rozgar Mela was launched by Prime Minister Modi on October 22, 2022, as part of his commitment to generate more employment opportunities in a mission mode. The initiative has helped speed up the recruitment process in various government departments and organisations.

    It has also improved citizen services in schools, hospitals, railway stations, police stations and tax offices, and has strengthened the defence and security forces through timely recruitment to safeguard the nation’s borders and strategic interests.

  • MIL-OSI United Nations: IAEA Mission Reviews China’s Regulatory Framework for Nuclear Safety

    Source: International Atomic Energy Agency (IAEA)

    An International Atomic Energy Agency (IAEA) team of experts today said China had made significant progress in further strengthening its regulation of nuclear safety, benefiting from the innovative use of digital tools and Artificial Intelligence (AI) as the country continues to rapidly expand its nuclear energy programme.

    Noting the importance of the regulatory body’s staffing levels keeping up with China’s fast-growing nuclear industry, the peer review team also encouraged additional improvements in regulations and guidelines in some areas, including nuclear safety inspections and emergency preparedness and response.

    The Integrated Regulatory Review Service  (IRRS) team concluded a 12-day mission to the People’s Republic of China on 11 July, a full-scope review covering all facilities, activities and exposure situations. The 24-member expert mission was conducted at the request of the Government and hosted by the Ministry of Ecology and Environment (the National Nuclear Safety Administration), which regulates nuclear safety in China.

    With the world’s second largest operating nuclear fleet after the United States, China is currently operating 59 units generating around 5% of its electricity. In addition, it is building 32 units and planning the construction of another 21 units. The previous IRRS mission to China – a follow-up review – was carried out in 2016, when it had 32 units in operation.

    “Over the past decade, China has made impressive headway in establishing a capable and independent regulatory body and promoting a healthy nuclear safety culture. China has a strong, competent and trusted national regulator that works effectively to ensure the safety of the public and environment,” said IRRS team leader Mark Foy, former Chief Executive and Chief Nuclear Inspector of the United Kingdom’s Office for Nuclear Regulation (ONR).

    Using IAEA safety standards and taking advantage of international good practices, IRRS missions are designed to strengthen the effectiveness of the national regulatory infrastructure, while recognizing the responsibility of each country to ensure nuclear and radiation safety.

    The IRRS team comprised 20 senior regulatory experts from 17 IAEA Member States: Brazil, Denmark, France, Germany, Hungary, Mexico, the Netherlands, Pakistan, the Russian Federation, Singapore, Spain, South Africa, Sweden, Switzerland, the United Arab Emirates, the United Kingdom, and the United States of America. The mission team also included four IAEA staff members and an observer from Japan.

    The team reviewed areas including: responsibilities and functions of the government and the regulatory body; the activities of the regulatory body including authorization, inspection and enforcement processes; development and content of regulations and guides; emergency preparedness and response; radiation sources; research reactors; nuclear power plants; fuel cycle facilities; radioactive waste management facilities; transport of radioactive material; decommissioning; occupational exposure; control of medical exposure and public exposure; and interfaces with nuclear security. 

    Two policy issues were discussed during the mission: the impact of the rapid development of AI on regulation and the shortage of human resources due to the surge in the number of operating reactor units in China.

    “The fast growth in China’s nuclear power programme will require the recruitment and training of a significant number of additional nuclear professionals in the regulatory field in the coming years. Its use of technology to support the effectiveness of its national regulator is an exemplar for all of us to learn from,” Foy, the mission team leader, said.

    During the mission, the team conducted interviews and discussions with staff of the National Nuclear Safety Administration (NNSA) and its leadership. Team members also met senior representatives from the China Atomic Energy Authority (CAEA), which oversees the nuclear industry in the country, as well as the National Health Commission (NHC) and the China National Energy Authority (NEA).

    They observed regulatory oversight activities at: a nuclear power plant, a research reactor, a nuclear fuel cycle facility, a radiation sources facility, a radioactive waste management facility, a transport facility and a hospital.

    They identified several good practices by the regulatory body, including:

    • Unique advances in developing, adopting and exploiting the benefits of AI-based tools to significantly improve the efficiency of its decision-making, safety oversight and knowledge management.
    • Arrangements for regular, high-level exchanges with all senior industry stakeholders on domestic and global nuclear safety developments, ensuring a common understanding on nuclear safety priorities and required improvements across China’s nuclear industry.

    Recommendations and suggestions for further improvement of the overall effectiveness of China’s regulatory system included:

    • Clarifying protection strategies in the case of a nuclear or radiological emergency.
    • Providing a documented process for developing inspection plans for nuclear facilities.
    • Establishing and implementing a comprehensive safety culture oversight programme.
    • Enhancing its processes to ensure that updates to department rules, guides, and standards are completed to appropriately align with the latest IAEA safety standards.

    The mission team viewed China’s invitation of an international peer review as part of the second IRRS cycle as a sign of openness and transparency.

    “China has demonstrated a commendable commitment to continuous safety improvement by inviting this comprehensive full-scope IRRS mission,” said Karine Herviou, Deputy Director General and Head of the IAEA Department of Nuclear Safety and Security. “The team of senior regulatory experts recognized the Government’s unequivocal support to ensure a strong national safety regulator, including the provision of human and financial resources, while also proposing specific actions for further enhancements.”

    Baotong Dong, MEE Vice Minister and NNSA Administrator, said the IRRS peer review team had positively acknowledged China’s nuclear and radiation safety regulatory framework and practices and stressed that these would be further enhanced in future.

    “China has established a regulatory system that aligns with international standards while meeting national conditions. The Government will further enhance its regulatory capabilities, accelerate the development of a modern nuclear safety regulatory system, and promote a virtuous cycle of high-level nuclear safety and high-quality development in the nuclear sector,” Vice Minister Dong said. “China stands ready to contribute to strengthening global nuclear safety governance and elevating worldwide nuclear safety standards.”

    The final mission report will be provided to the Government of the China in about three months. The Government plans to make the report public. China will consider inviting an IRRS follow-up mission at a later stage.

    IAEA safety standards

    The IAEA safety standards provide a robust framework of fundamental principles, requirements and guidance to ensure safety. They reflect an international consensus and serve as a global reference for protecting people and the environment from the harmful effects of ionizing radiation.

    MIL OSI United Nations News –

  • MIL-OSI China: Bearing history in mind for better future

    Source: China State Council Information Office

    During an inspection tour of Shanxi Province in north China, Chinese President Xi Jinping on Monday visited a memorial hall commemorating a significant campaign during the Chinese People’s War of Resistance Against Japanese Aggression.

    The Hundred-Regiment Campaign took place behind enemy lines in northern China from August 1940 to January 1941 during the resistance war. It was a major victory achieved at a time when China’s resistance against Japanese aggression was in difficulty and the atmosphere of compromise and surrender was palpable.

    Though silent, the exhibits in the memorial hall spoke loudly of the brutality of the Japanese aggressors, recording the fierce and arduous war. Xi listened attentively to the introductions — and paused from time to time to take a closer look.

    Before visiting the memorial hall, Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, laid a floral basket in front of a towering monument in tribute to the martyrs of this major campaign.

    With 35 million casualties, the Chinese people defeated Japanese aggressors with their lives and blood, Xi once said, stressing that China had made a significant contribution to the victory of the World Anti-Fascist War.

    Monday’s visit held special significance, as it coincided with the anniversary of the July 7th Incident, also known as the Lugou Bridge Incident, which occurred in 1937 and marked the beginning of China’s whole-nation resistance against Japanese aggression, according to Hao Xueting, a local historian and writer who has studied the resistance war for over three decades.

    “The visit showed that the general secretary attaches great importance to the history of the resistance war,” Hao said.

    Since assuming the Party’s top post in 2012, Xi has attended events commemorating whole-nation resistance against Japanese aggression and state memorial ceremonies for the victims of the Nanjing Massacre, and visited multiple memorial halls to reflect on this part of history and pool strength for forging ahead.

    “The best way to honor the heroes who gave their lives to uphold freedom, justice and peace, and mourn the loss of innocent lives brutally taken during the war is to make sure that this historical tragedy will never repeat itself,” Xi conveyed this message in his address 10 years ago at the ceremony commemorating the 70th anniversary of the victory in the resistance war and the World Anti-Fascist War.

    As 2025 marks the 80th anniversary of the victory, Xi’s visit to the memorial hall again conveys determination to remember history, cherish peace and strive for a better future.

    After viewing the exhibits, Xi had warm conversations with students and staff at the memorial hall, which is located atop Shinao Mountain in the Taihang Mountains.

    “Grandpa Xi told us what the Hundred-Regiment Campaign was all about, and how the life we have today was built on the countless martyrs who sacrificed their lives and shed their blood,” recalled Wang Yitong, a student at a local primary school.

    “What we learned from Grandpa Xi is not just history but also the necessity to strive for progress. In peace time, we should bear history in mind and cherish our present lives,” said Chen Mingyue, a senior high student.

    “If the past is not forgotten, it can serve as a guide for the future,” Xi told the young students, calling on them to strive to be the backbone of the nation, build a strong country and contribute to world peace. 

    MIL OSI China News –

  • MIL-OSI China: Traditional industries bloom anew in China’s modernization push

    Source: China State Council Information Office

    From steel mills adopting AI-powered systems to textile factories deploying cutting-edge automation, China’s traditional industries are undergoing a significant transformation.

    Spearheaded by President Xi Jinping, this drive is injecting fresh vitality into traditional sectors that underpin the country’s modern industrial base.

    Under Xi’s watch, China is doubling down on boosting the competitiveness and sustainability in these sectors, which generate about 80 percent of the country’s manufacturing output and play a vital role in supporting employment and broader economic growth.

    “The real economy should not be neglected. Nor should the traditional industries within it. And industrial transformation and upgrading must be realized through sci-tech innovation,” Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, said while visiting Yangquan Valve Co., Ltd., a century-old enterprise, during an inspection tour in north China’s Shanxi Province this week.

    By focusing on innovation and boosting investment in research and development, the company has earned the designation of a “little giant” enterprise, a title for outstanding specialized, high-tech small and medium-sized firms. It has obtained dozens of patents and expanded its global footprint through exports to countries including the United States, India and Pakistan.

    During this visit to the company, Xi emphasized that traditional manufacturing is an important part of the real economy, and called for efforts to respond to market demand and enhance sci-tech innovation to breathe new life into traditional industries.

    Boosting the development of traditional industries has been high on the agenda of Xi.

    During his domestic inspections in recent years, Xi has regularly visited enterprises and factories. He inspects production lines and engages in conversations with frontline workers, gaining a firsthand understanding of the products and the progress involving transformation and upgrading.

    These on-the-ground surveys have reinforced China’s push for transformation and upgrading tailored to regional strengths, rather than relying on a one-size-fits-all approach.

    This emphasis was highlighted during an inspection tour of southwest China’s Yunnan Province in March, where Xi urged all regions to pursue industrial transformation and upgrading based on local conditions, in line with economic principles, while making full use of their unique strengths.

    “Old enterprises can also pursue high-end, smart and green transformation. It is crucial not to dismiss traditional industries as uniformly ‘low-end’ or ‘backward’ and simply phase them out, as doing so could lead to a disruption in the transition from old to new growth drivers, cause a loss of momentum, and exacerbate the pains of structural adjustment,” Xi said during an inspection tour in Liaoning Province in January.

    Since introducing the concept of new quality productive forces in 2023, Xi has consistently highlighted that traditional industries are the cornerstone for developing advanced productive capabilities.

    During a deliberation at the annual national legislative session last year, Xi noted that developing new quality productive forces “does not mean neglecting or abandoning traditional industries.”

    This point was further reiterated in May last year when he visited Shandong Province and commended Rizhao Port for its successful transformation from a traditional port into a modern one. “The port has not only achieved top-tier cargo throughput nationwide but has also gained valuable insights into fostering new quality productive forces through the transformation and upgrading of traditional industries,” Xi said.

    Guided by his vision, China has made significant progress in accelerating the transformation and upgrading of traditional industries, steering them toward more advanced, intelligent and greener development.

    Technologies like industrial internet, 5G and AI have been extensively applied in traditional industries. In 2024, investment in technological upgrades in the manufacturing sector increased by 8 percent year on year, outpacing the overall investment growth.

    In key energy-consuming industries such as chemicals, building materials, steel and non-ferrous metals, energy consumption per unit of value-added output fell in 2024 from the previous year.

    Looking ahead, China will take comprehensive measures, including pushing technological advances as well as large-scale equipment renewal projects in the manufacturing sector, and accelerating the digitalization of manufacturing, to promote traditional industry transformation and upgrading, according to this year’s government work report.

    “In the past, Chinese workers made arduous manual efforts to hammer away at the country’s industrial development. Today, it must be upgraded through advanced technologies and equipment,” Xi said, stressing that the real economy makes the country prosperous and solid work makes it flourishing.

    MIL OSI China News –