Category: Economics

MIL-OSI Economics: Secretary-General of ASEAN meets with representatives of the Moroccan General Confederation of Enterprises (CGEM)

Source: ASEAN – Association of SouthEast Asian Nations

Secretary-General of ASEAN, Dr. Kao Kim Hourn, met with representatives of the Moroccan General Confederation of Enterprises (CGEM) led by General Vice-President of CGEM, Mr. Mehdi Tazi, in Casablanca, Morocco, on 26 June 2025. The meeting explored opportunities to enhance business-to-business connectivity, strengthen trade promotion, and discussed ways to unlock the untapped market potential between ASEAN and Morocco.

The post Secretary-General of ASEAN meets with representatives of the Moroccan General Confederation of Enterprises (CGEM) appeared first on ASEAN Main Portal.

MIL OSI Economics –

June 27, 2025
MIL-OSI Economics: AI innovation and insights for educators on display at ISTELive 25 June 29-July 2
Source: Microsoft

Headline: AI innovation and insights for educators on display at ISTELive 25 June 29-July 2

Learn about AI features for educators coming to Microsoft 365 Copilot, Copilot Chat for teens, and insights from the 2025 AI in Education Report.

We’re announcing new AI features for educators coming to Microsoft 365 Copilot and Copilot+ PCs, general availability of Copilot Chat for teen students, our 2025 AI in Education Report, and more.

We’re inspired by innovative teaching, leading, and learning and excited to share new insights, features for educators and students, and resources to help you get started. Join us in-person at ISTELive 25 and ASCD Annual 25, June 29 – July 2, 2025, in San Antonio, Texas to explore the latest from Microsoft Education with solutions that spark joyful learning and equip educators with AI skills.

Explore details in the Tech Community blog

Insights from the 2025 AI in Education Report

In times of change and innovation, the need for insights and examples of impact becomes increasingly important. That’s why we’re sharing the 2025 AI in Education Report which highlights key findings across AI usage, concerns, and opportunities alongside learnings and progress from global institutions.

Read the 2025 AI in Education Report

According to the report, AI in education is advancing daily with over 80% of surveyed educators using AI this year, up 21 points from last year as its role expands from just an assistant to a thought partner and force multiplier. At the same time, approximately one in three surveyed United States K-12 educators still lack confidence in using AI effectively and responsibly and more than half of surveyed students report that they have not received AI training.¹

It’s critical to engage with students, educators, and all community stakeholders to address challenges, learn together, and co-develop the path forward. Further, we need to collectively prepare for an AI-powered future and support students in building relevant AI skills as every industry and discipline evolves. Read the report for an overview and even more insights.

Teachers are saying, ‘I need training, it needs to be high quality, relevant, and job-embedded…’ In reality, people require guidance and that means teachers and administrators going through professional development.

Pat Yongpradit, Chief Academic Officer, TeachAI

Enhancing instruction with Microsoft 365 Copilot and Microsoft Learning Zone

Microsoft 365 Copilot delivers the latest AI innovations whether through reasoning agents like Researcher and Analyst, or advanced functionality like Copilot Tuning. Institutions such as Brisbane Catholic Education and Miami Dade College are saving time to reinvest into meaningful work and beginning to explore new capabilities like agents. We’re also collaborating with Learning Management System (LMS) providers like Canvas and Moodle to take the power of agents a step further by supporting integration with Copilot through open-source, customizable samples.

We told our staff: you have permission to try, and permission to fail. That opened the door for teachers to test Microsoft 365 Copilot and Copilot Chat without fear of judgment or wasted time. And guess what? Most of the time, those experiments don’t fail—they spark new ways of thinking.

Shane Tooley, Assistant Principal Curriculum, St. Peter Claver College, Brisbane Catholic Education

We recently introduced the updated Microsoft 365 Copilot app, your hub for the latest functionality and later this year in preview, for AI-powered features for educators. In one place, educators will be able to easily create lesson plans, draft materials like quizzes and rubrics, and quickly make modifications like translation, adjusted reading levels, length, difficulty, alignment to relevant standards, and more.

We’re announcing Microsoft Learning Zone, a free, AI-powered learning app and the first Copilot+ PC experience purpose built for educators to create personalized, adaptive learning activities.² Formerly known as the code name Project Spark, the experience will launch in public preview later this summer on Copilot+ PCs, including Microsoft Surface, and across the Windows ecosystem. It’s powered by new AI innovation, learning science, educator input, and features like lesson creation, customizable tools to meet learning goals, and data-driven insights.

Microsoft Learning Zone is built on collaborations with organizations such as NASA, The Economist Educational Foundation, PBS NewsHour, Figma, and Minecraft Education to bring real-world relevance into the classroom. It also includes integration with Kahoot! to generate interactive games and OpenStax for content from vetted open educational resources.

Using Microsoft Learning Zone in the classroom has been an exciting opportunity to explore innovative ways to engage students. I was impressed by the app’s intuitive layout and how easily I could edit and share content with my class. While still in its early stages, Learning Zone shows great potential for helping teachers create AI-driven educational resources.

Terry Borko, Teacher of Social Studies and Media, Red Deer Lake School

Preparing students for academic and career success

Students at the Kelley School of Business at Indiana University and University of South Carolina are already seeing academic and career preparedness gains with Microsoft 365 Copilot. Copilot Notebooks are now included, and we’re looking forward to bringing even more value with a study guide experience, in preview later this year. Study guide creation is designed to help students, or educators, turn scattered materials into an organized study space with engaging learning activities and content like podcasts instantly. It will include flashcards, fill in the blanks, matching exercises, quizzes, and the ability to review progress.

In some job interviews recently, I’ve actually been asked about my experience with AI and if I know how to use it efficiently to help manage workflows. Copilot will really help students stay at the forefront of today’s changing world and make them more marketable.

Emma Ernst, Public Relations Student, University of South Carolina

In May 2025, we announced that teen student availability for Copilot Chat and Microsoft 365 Copilot would be coming this summer. We’re now sharing that general availability is expected in late July 2025. To prepare, administrators should review guidance to enable Copilot Chat for students and help ensure appropriate access.

Enable Copilot Chat access for students

Copilot Chat is included with Microsoft 365 at no additional cost and offers secure AI chat powered by GPT-4o with the ability to maintain IT control through enterprise data protection and management. It also includes features like file upload, image generation, Copilot Pages, and agents. We’re optimistic about the opportunities that lie ahead to help students increase their agency and build skills to prepare for future success. Read more about use cases, reflections, and advice from our global private preview educators and students in the announcement blog and from Johns Creek High School in the following video.

We’re looking forward to continuing to add education value to Microsoft 365 Copilot and you can review the details, learn about additional updates like the Microsoft 365 Education Learning Tools Interoperability (LTI®), and join our preview communities through the Education Tech Community blog.

Explore details in the Tech Community blog

As AI usage and innovation increases, so does the need for training resources that empower educators and students alike. We’re continuing to provide opportunities to build essential skills—from immersive activities in Minecraft Education AI Foundations, to equipping preservice educators with ISTE+ASCD, providing hands-on cybersecurity experience for students, and offering GitHub Certifications on Microsoft Learn and Pearson VUE.

We’ll also continue highlighting new evidence of impact such as the recent World Bank study in Nigeria, where a pilot program deployed Copilot, which stated that a “cost-effectiveness analysis revealed substantial learning gains, equating to 1.5 to years of ‘business as usual’ schooling, situating the intervention among some of the most cost-effective programs to improve learning outcomes.”

Additional resources
- Microsoft Education AI Toolkit – Designed to guide school leaders through the process of planning for and integrating AI across the institution.
- 2025 AI in Education Report – Learn more about the latest insights on AI in Education from Microsoft.
- AI strategies from the frontlines of higher education – Read the recent IDC White Paper, sponsored by Microsoft and explore perspectives from academic and IT leaders.
- AI Classroom Toolkit – Try this creative resource to introduce AI to teen students that blends engaging narrative stories with instructional information for an immersive and informative learning experience.
- Copilot Chat Adoption Kit – Review the collection of resources for IT, educators, and parents and caregivers to get started with Copilot Chat.
- Minecraft Education AI Foundations – Build AI literacy with Agent and Chicken! AI Foundations offers accessible on-ramps with lessons, immersive content, parent resources, and fun animated videos. Stay tuned for new content coming later this year and join the training cohort to learn more.
Learning from others

¹ Survey Data – 2025 AI in Education Report

² Microsoft Learning Zone is available with a Copilot+ PC and Microsoft Education license (A1, A3, A5). Initial availability will be English only.
MIL OSI Economics –
June 27, 2025
MIL-OSI Economics: Media Registration Opens for APEC Ministerial and High-Level Meetings in Incheon Singapore | 26 June 2025 APEC Secretariat Media registration is now open for the upcoming APEC high-level and ministerial meetings taking place in Incheon, Republic of Korea, from 31 July to 12 August 2025.
Source: APEC – Asia Pacific Economic Cooperation

Media registration is now open for the upcoming APEC high-level and ministerial meetings taking place in Incheon, Republic of Korea, from 31 July to 12 August 2025.

Convened under the 2025 APEC theme “Building a Sustainable Tomorrow: Connect, Innovate, Prosper,” these meetings will bring together ministers, senior officials and stakeholders from the 21 APEC member economies to advance regional collaboration on shared challenges.

The following meetings are open to accredited media for in-person coverage:

APEC High-Level Dialogue on Anti-Corruption Cooperation (AHDAC)
31 July – 1 August 2025

This dialogue will serve as a platform for APEC economies to reaffirm their commitment to integrity, transparency and clean governance. Hosted by the Republic of Korea’s Anti-Corruption and Civil Rights Commission, the meeting aims to foster enhanced collaboration among diverse stakeholders to address complex corruption challenges. Delegates are expected to share institutional reforms, enforcement mechanisms and best practices that strengthen the rule of law, build public trust and ensure a level playing field for economic activity across the region.

APEC Digital and Artificial Intelligence Ministerial Meeting (DMM)
4 – 6 August 2025

This meeting will bring together ministers overseeing telecommunications, ICT and digital innovation to chart a collaborative path forward on emerging technologies, such as artificial intelligence (AI). Key areas of discussion include advancing inclusive digital infrastructure, strengthening digital skills across populations and supporting interoperability of technology standards across borders. Ministers will also explore innovative ways to leverage digital technologies for sustainable growth, address socio-economic challenges and accelerate regional economic cooperation to facilitate cross-border trade and investment.

APEC Food Security Ministerial Meeting (FSMM)
9 – 10 August 2025

This ministerial will bring together APEC economies to strengthen regional cooperation on food security. Discussions will focus on accelerating innovation in agri-food systems, reducing food loss and waste and improving support for small-scale producers. Ministers are expected to review the progress of the APEC Food Security Roadmap Towards 2030, explore ways to deepen public-private partnerships and formalize the role of emerging technologies, including artificial intelligence, to enhance productivity, sustainability and resilience of food security systems in the region.

APEC Women and the Economy Forum (WEF)
12 August 2025

The WEF will bring together ministers and stakeholders to advance women’s economic empowerment and inclusive growth. Discussions will address barriers to women’s full participation in the economy, with a focus on leadership, digital inclusion, care infrastructure and gender-responsive policy design. The forum supports the implementation of the La Serena Roadmap for Women and Inclusive Growth.

Media Accreditation Process

Journalists wishing to cover the above meetings must request a dedicated media registration link by emailing the APEC 2025 Korea media team at [email protected] no later than 14 July 2025.

Upon receiving the registration link, media representatives should follow the instructions to complete their accreditation. Due to space limitations, each economy may submit up to three (3) media accreditation requests.

Accredited media will be granted access to scheduled press conferences and to the media lounge operating at Songdo Convensia from 3 to 15 August 2025. The lounge will be open from 2:00 PM to 6:00PM on 3 August, and from 9:00AM to 6:00PM daily from 4 to 15 August (KST).

Scheduled press conferences:
- 4 August 2025 – Digital and AI Ministerial Meeting (DMM)
- 10 August 2025 – Food Security Ministerial Meeting (FSMM)
- 12 August 2025 – Women and the Economy Forum (WEF)
- 15 August 2025 – Third Senior Officials’ Meeting (SOM3)
Details regarding press conference times and logistics will be shared with accredited media. For further information or assistance, please contact [email protected] for media-related inquiries.

For media inquiries, please contact: [email protected]
MIL OSI Economics –
June 27, 2025

MIL-OSI Economics: RBI imposes monetary penalty on The Karimnagar District Co-operative Central Bank Ltd., Telangana

Source: Reserve Bank of India

The Reserve Bank of India (RBI) has, by an order dated June 23, 2025, imposed a monetary penalty of ₹1 lakh (Rupees One Lakh only) on The Karimnagar District Co-operative Central Bank Ltd., Telangana (the bank) for contravention of provisions of Section 20 read with Section 56 of the Banking Regulation Act, 1949 (BR Act). This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the BR Act.

The statutory inspection of the bank was conducted by National Bank for Agriculture and Rural Development (NABARD) with reference to its financial position as on March 31, 2024. Based on supervisory findings of contravention of statutory provisions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said provisions. After considering the bank’s reply to the notice and oral submissions made during the personal hearing, RBI found, inter alia, that the following charge against the bank was sustained, warranting imposition of monetary penalty:

The bank had sanctioned loans to its directors.

This action is based on deficiencies in statutory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

(Puneet Pancholy)
Chief General Manager

Press Release: 2025-2026/598

MIL OSI Economics –

June 27, 2025

MIL-OSI Economics: RBI imposes monetary penalty on The Chittoor Co-operative Town Bank Ltd., Andhra Pradesh

Source: Reserve Bank of India

The Reserve Bank of India (RBI) has, by an order dated June 23, 2025, imposed a monetary penalty of ₹1 lakh (Rupees One Lakh only) on The Chittoor Co-operative Town Bank Ltd., Andhra Pradesh (the bank) for non-compliance with certain directions issued by RBI on ‘Exposure Norms and Statutory / Other Restrictions – UCBs’ and ‘Know Your Customer (KYC)’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

The statutory inspection of the bank was conducted by RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice and oral submissions made during the personal hearing, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

The bank had:

breached the prudential inter-bank (gross) and counterparty exposure limits; and
failed to upload the KYC records of customers onto Central KYC Records Registry within the prescribed timeline.

This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

(Puneet Pancholy)
Chief General Manager

Press Release: 2025-2026/599

MIL OSI Economics –

June 27, 2025

MIL-OSI Economics: Performance of Private Corporate Business Sector during 2024-25

Source: Reserve Bank of India

Today, the Reserve Bank released data on the performance of the private corporate sector during 2024-25 drawn from abridged financial results of 3,902 listed non-government non-financial (NGNF) companies. Corresponding data pertaining to 2023-24 are also presented in the tables to enable comparison. The data can be accessed at the web-link https://data.rbi.org.in/DBIE/#/dbie/reports/Statistics/Corporate%20Sector/Listed%20Non-Government%20Non-Financial%20Companies.

Highlights

Sales

During 2024-25, sales growth of listed private non-financial companies improved to 7.2 per cent from a low of 4.7 per cent during the previous year (Tables 1A).
Sales of manufacturing sector companies rose by 6.0 per cent during 2024-25 as compared to 3.5 per cent growth in the previous year, mainly led by automobiles, electrical machinery, food & beverages and pharmaceuticals industries. On the other hand, among the major industries, petroleum and iron & steel industries recorded contraction in their sales during 2024-25 (Tables 2A and 5A, Chart 1).

Despite global headwinds, sales growth of IT companies improved to 7.1 per cent during 2024-25 from 5.5 per cent in the previous year. Non-IT services companies recorded double digit sales growth during 2024-25, led by healthy performance of telecommunication, transport & storage services and wholesale & retail trade industries.

Expenditure

In line with acceleration in sales, manufacturing companies’ expenses on raw material rose by 6.6 per cent during 2024-25; raw material to sales ratio increased to 55.7 per cent in 2024-25 from 54.2 per cent a year ago, pointing to input cost pressure (Table 2A and 2B).
Staff cost rose by 10.0 per cent, 4.4 per cent and 12.0 per cent during 2024-25 for manufacturing, IT and non-IT services companies, respectively; staff cost to sales ratio broadly remained stable for manufacturing companies while it moderated for services companies.

Pricing power

With increase in the input costs, operating profit growth of manufacturing companies moderated to 6.0 per cent during 2024-25 from 12.4 per cent in the previous year; within services sector, profit growth moderated to 15.9 per cent in 2024-25 for the non-IT services companies, while it inched up to 6.1 per cent for IT companies (Table 2A).
During 2024-25, operating profit margin moderated by 20 basis points (bps), 80 bps and 30 bps to 14.2 per cent, 21.9 per cent and 22.1 per cent, respectively, for manufacturing, IT and non-IT services companies (Table 2B, Chart 2).

Interest expenses

List of Tables
Table No.		Title
1	A	Performance of Listed Non – Government Non-Financial Companies	Growth Rates
	B		Select Ratios
2	A	Performance of Listed Non-Government Non-Financial Companies – Sector – wise	Growth Rates
	B		Select Ratios
3	A	Performance of Listed Non-Government Non-Financial Companies according to Size of Paid-up-Capital	Growth Rates
	B		Select Ratios
4	A	Performance of Listed Non-Government Non-Financial Companies according to Size of Sales	Growth Rates
	B		Select Ratios
5	A	Performance of Listed Non-Government Non-Financial Companies according to Industry	Growth Rates
	B		Select Ratios
Explanatory Notes
Glossary of Terms

Notes:

(Puneet Pancholy)
Chief General Manager

Press Release: 2025-2026/596

MIL OSI Economics –

June 27, 2025

MIL-OSI Economics: AGNICO EAGLE PROVIDES NOTICE OF RELEASE OF SECOND QUARTER 2025 RESULTS AND CONFERENCE CALL

Source: Agnico Eagle Mines

Stock Symbol: AEM (NYSE and TSX)

TORONTO, June 26, 2025 /CNW/ – Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) (“Agnico Eagle” or the “Company“) today announced that it will release its second quarter 2025 results on Wednesday, July 30, 2025, after normal trading hours.

Second Quarter 2025 Results Conference Call and Webcast

Agnico Eagle’s senior management will host a conference call on Thursday, July 31, 2025, at 11:00 AM (E.D.T.) to discuss the Company’s financial and operating results.

Via Webcast:

To listen to the live webcast of the conference call, you may register on the Company website at www.agnicoeagle.com, or directly via the link here.

Via Phone:

To join the conference call by phone, please dial 416.945.7677 or toll-free 1.888.699.1199 to be entered into the call by an operator. To ensure your participation, please call approximately five minutes prior to the scheduled start of the call.

To join the conference call without operator assistance, you may register your phone number here 30 minutes prior to the scheduled start of the call to receive an instant automated call back.

Replay Archive:

Please dial 289.819.1450 or toll-free 1.888.660.6345, access code 68663 #. The conference call replay will expire on August 31, 2025.

The webcast, along with presentation slides, will be archived for 180 days on the Company’s website.

About Agnico Eagle

Agnico Eagle is a Canadian based and led senior gold mining company and the third largest gold producer in the world, producing precious metals from operations in Canada, Australia, Finland and Mexico, with a pipeline of high-quality exploration and development projects. Agnico Eagle is a partner of choice within the mining industry, recognized globally for its leading sustainability practices. Agnico Eagle was founded in 1957 and has consistently created value for its shareholders, declaring a cash dividend every year since 1983.

View original content to download multimedia:https://www.prnewswire.com/news-releases/agnico-eagle-provides-notice-of-release-of-second-quarter-2025-results-and-conference-call-302491697.html

SOURCE Agnico Eagle Mines Limited

MIL OSI Economics –

June 27, 2025
MIL-OSI Economics: Asian Development Blog: Redirecting Revenue Toward Health Could Curb Asia’s Chronic Disease Surge

Source: Asia Development Bank

Rising rates of chronic disease in Asia and the Pacific are driven by lifestyle shifts, aging populations, and unhealthy consumption. Some countries are using targeted fiscal policies and reinvested revenues to improve public health outcomes and reduce long-term costs.

MIL OSI Economics –

June 26, 2025

MIL-OSI Economics: African Economic Outlook: African Development Bank to Launch 2025 Country Focus Reports in 13 Southern African countries

Source: African Development Bank Group

What? 2025 Country Focus Reports for Southern African countries

Who? The African Development Bank Group

When? Starting 27 June, with Eswatini

Where? State capitals across 13 countries

The African Development Bank Group will launch the Country Focus Reports (CFRs) across 13 Southern African countries from June 27, 2025. These annual reports reflect the theme and analysis of the Bank’s flagship African Economic Outlook (AEO) at the country level, delivering critical economic analysis and policy options tailored to each of Africa’s 54 nations. The Theme of the AEO 2025 is: Making Africa’s Capital Work Better for Africa’s Development.

The CFRs provide insights that contextualize continental economic trends within national frameworks, integrating country-specific priorities, challenges, and policy perspectives. In the context of 2025, marked by geopolitical tensions, post-crisis resilience, and climate urgency, these launches mark a strategic step to strengthen the Bank’s role in supporting Africa’s economic growth and dialogue with decision-makers.

The Southern Africa launch series aims to maximize access to and the impact of these knowledge products by engaging directly with government officials, business leaders, and development stakeholders at the national level. Each launch will stimulate strategic discussions on leveraging report findings to inform critical policy decisions.

Country Launch schedule

The launch series featuring panel discussions on “Making Africa’s Capital Work Better for Africa’s Development” with a country-specific focus, will kick off on June 27, in Eswatini.

S/N	Country	Date	Time	Venue
1.	Sao Tome and Principe	20 June	10am GMT	University of Sao Tome and Principe
2.	Mozambique	24 June	10am (GMT +1)	Banco Africano de Desenvolvimento Avenida Tenente Osvaldo Tazama e Marginal Torres Rani, 4^o Andar, Maputo Zoom link: https://afdb.zoom.us/webinar/register/WN_UZW43w-hQFGpLBvcYxiBvg
3.	Zambia	25 June	10 am (GMT +2)	African Development Bank Group Banc ABC House, 746 Church Road Cathedral Hill, Ridgeway, Lusaka Zoom link: https://afdb.zoom.us/j/98084860790?pwd=n56ub8L1bZoINa4GdOroqFZnMeiSPX.1
4	Angola	27 June	9am (GMT+1	University of Agostinho Neto, Faculty of Economics Auditorium
5.	Eswatini	27 June	9am	The Hilton Garden Inn Hotel
6.	South Africa	2 July	10am (GMT+2)	The Centurion Hotel- Trent Bridge Conference Room
7.	Zimbabwe	2 July	08am (GMT+2)	African Development Bank Block 5, Ground Floor, Arundel Office Park,Harare
8.	Malawi	2 July	10am (GMT+2)	African Development Bank Group 2nd Floor, Kang’ombe House, City Centre, Lilongwe
9.	Mauritius	9 July	10am (GMT+2)	United Docks Conference Room, The Docks 1, United Docks Business Park,
10.	Botswana	11 July	TBC
11.	Lesotho	14 July	TBC
12	Namibia	18 July	9:30(GMT+2)
13.	Madagascar	TBC	TBC

Launch ceremonies will feature speeches by the African Development Bank’s Chief Economist and Vice President, Prof. Kevin Urama, as well as other senior Bank officials and ministers from the respective countries.

MIL OSI Economics –

June 26, 2025

MIL-OSI Economics: African Economic Outlook: African Development Bank to Launch 2025 Country Focus Reports in 13 Southern African countries

Source: African Development Bank Group

What? 2025 Country Focus Reports for Southern African countries

Who? The African Development Bank Group

When? Starting 27 June, with Eswatini

Where? State capitals across 13 countries

Country Launch schedule

The launch series featuring panel discussions on “Making Africa’s Capital Work Better for Africa’s Development” with a country-specific focus, will kick off on June 27, in Eswatini.

S/N	Country	Date	Time	Venue
1.	Sao Tome and Principe	20 June	10am GMT	University of Sao Tome and Principe
2.	Mozambique	24 June	10am (GMT +1)	Banco Africano de Desenvolvimento Avenida Tenente Osvaldo Tazama e Marginal Torres Rani, 4^o Andar, Maputo Zoom link: https://afdb.zoom.us/webinar/register/WN_UZW43w-hQFGpLBvcYxiBvg
3.	Zambia	25 June	10 am (GMT +2)	African Development Bank Group Banc ABC House, 746 Church Road Cathedral Hill, Ridgeway, Lusaka Zoom link: https://afdb.zoom.us/j/98084860790?pwd=n56ub8L1bZoINa4GdOroqFZnMeiSPX.1
4	Angola	27 June	9am (GMT+1	University of Agostinho Neto, Faculty of Economics Auditorium
5.	Eswatini	27 June	9am	The Hilton Garden Inn Hotel
6.	South Africa	2 July	10am (GMT+2)	The Centurion Hotel- Trent Bridge Conference Room
7.	Zimbabwe	2 July	08am (GMT+2)	African Development Bank Block 5, Ground Floor, Arundel Office Park,Harare
8.	Malawi	2 July	10am (GMT+2)	African Development Bank Group 2nd Floor, Kang’ombe House, City Centre, Lilongwe
9.	Mauritius	9 July	10am (GMT+2)	United Docks Conference Room, The Docks 1, United Docks Business Park,
10.	Botswana	11 July	TBC
11.	Lesotho	14 July	TBC
12	Namibia	18 July	9:30(GMT+2)
13.	Madagascar	TBC	TBC

MIL OSI Economics –

June 26, 2025

MIL-OSI Economics: Real Quantum Dot Technology in Samsung QLED TVs: Unleashing “The Artist Within”

Source: Samsung

Everyone has creative potential and, colour is able to awaken that capability. These days, technology is not just about features or specifications; it’s also about unlocking experience and evoking powerful emotions.

Samsung’s QLED displays are not just for watching – they are also for inspiration. The incredible QLED Quantum Dot technology now plays a crucial role in enhancing creativity by delivering vibrant, lifelike colours and exceptional picture quality. This kind of modernisation in Samsung QLED technology is not just about flexibility – but also about real innovation at the core.

QLED’s Quantum Dot technology produces a wider range of colours than traditional displays – ensuring that they are displayed accurately and vibrantly. Samsung’s QLED is like a canvas that empowers users to see and express the world in richer, more vivid colour. With this innovative technology, Samsung is now not only providing advancement in display technology, but also offering a more vibrant and realistic viewing experience to creatives around the world.

What makes Quantum Dots so special are the microscopic molecules that emit precise colours when lit – resulting in higher brightness, accurate colour reproduction and a wider colour gamut. Samsung’s QLED uses this Quantum Dot technology to deliver 100% colour volume — maintaining richness at any brightness level. This technology allows the TV to produce a consistent, vivid and accurate colour display, be it in very bright or dark conditions. QLED is able to show deeper reds, brighter greens and purer blues. Colour accuracy then essentially means that – what you see is what the creator intended.

With this revolutionary technology – a filmmaker now experiences their work in studio-grade clarity. The picture accuracy and superior contrast of Samsung’s Quantum Dot TVs – make every film feel cinematic, be it the latest blockbuster or an old classic. In essence, Quantum Dot TVs provide filmmakers with a more realistic and visually engaging experience, making them a valuable tool for enjoying their work and professional use. And, a family watching a documentary is also able to feel immersed in the natural world.

In addition, Samsung Art Mode feature[1] is able to transform your screen into a digital gallery — merging art and technology. You can now showcase your artwork from the Art Store as well as upload your own photos or even choose from a selection of curated art pieces. The Samsung Art Store[2] is a subscription-based service that provides access to a wide variety of digital artwork for display on Samsung TVs, primarily the Frame TV series. It allows users to transform their TV into a digital art gallery, showcasing a diverse collection of paintings, photographs and other art forms.

In addition, Samsung recently launched the Art TV[3] of Art Basel in Basel (ABB) Collection, an exclusive curation of digital art available across Samsung TVs with Samsung Art Store. And furthermore, the Ambient Mode[4] lets you personalise your space with visuals that reflect your taste or mood. This innovative feature allows you to display content on the screen even when the TV is not “on.” Also, you can now transform your TV into a customisable art installation or a source of useful information when not being used for regular viewing.

With the help of QLED’s Quantum Dot technology – it is clear that Samsung is now empowering creativity and unleashing “The Artist Within”. The company’s QLED TVs have now become more than just a display, they are creative partners. For this reason, Samsung remains committed to using ground-breaking technologies such as QLED’s Quantum Dot to leverage artistic expression and technological innovation to create a more immersive and engaging viewing experience for consumers.

Samsung’s QLED with Quantum Dot technology are bridging the gap between technology and creativity. This foundation of the real QLED experience that Samsung has pioneered, invites users to see the world more vividly and to create, imagine and feel more deeply. All of this is an indication that Samsung’s QLED displays are not your average TVs – they are the result of years of refinement and mastery in Quantum Dot display technology.

________________

Disclaimers:
[1] Terms & Conditions Apply. Art mode cannot be permanently disabled.
[2] The Art Store is available on Samsung’s The Frame TVs and is expanding to other Samsung QLED TV models. A subscription is typically required to access the full library of artwork, though some free content may be available.
[3] Samsung Art TV includes MICRO LED, The Frame, The Frame Pro, Neo QLED 8K, Neo QLED, and QLED models starting from Q7F and above.
[4] The Ambient button is only available on select remotes. If you press the Ambient button when the TV is turned off, the TV will turn on in Ambient Mode.

MIL OSI Economics –

June 26, 2025
MIL-OSI Economics: Real Quantum Dot Technology in Samsung QLED TVs: Unleashing “The Artist Within”

Source: Samsung

Everyone has creative potential and, colour is able to awaken that capability. These days, technology is not just about features or specifications; it’s also about unlocking experience and evoking powerful emotions.

Samsung’s QLED displays are not just for watching – they are also for inspiration. The incredible QLED Quantum Dot technology now plays a crucial role in enhancing creativity by delivering vibrant, lifelike colours and exceptional picture quality. This kind of modernisation in Samsung QLED technology is not just about flexibility – but also about real innovation at the core.

QLED’s Quantum Dot technology produces a wider range of colours than traditional displays – ensuring that they are displayed accurately and vibrantly. Samsung’s QLED is like a canvas that empowers users to see and express the world in richer, more vivid colour. With this innovative technology, Samsung is now not only providing advancement in display technology, but also offering a more vibrant and realistic viewing experience to creatives around the world.

What makes Quantum Dots so special are the microscopic molecules that emit precise colours when lit – resulting in higher brightness, accurate colour reproduction and a wider colour gamut. Samsung’s QLED uses this Quantum Dot technology to deliver 100% colour volume — maintaining richness at any brightness level. This technology allows the TV to produce a consistent, vivid and accurate colour display, be it in very bright or dark conditions. QLED is able to show deeper reds, brighter greens and purer blues. Colour accuracy then essentially means that – what you see is what the creator intended.

With this revolutionary technology – a filmmaker now experiences their work in studio-grade clarity. The picture accuracy and superior contrast of Samsung’s Quantum Dot TVs – make every film feel cinematic, be it the latest blockbuster or an old classic. In essence, Quantum Dot TVs provide filmmakers with a more realistic and visually engaging experience, making them a valuable tool for enjoying their work and professional use. And, a family watching a documentary is also able to feel immersed in the natural world.

In addition, Samsung Art Mode feature[1] is able to transform your screen into a digital gallery — merging art and technology. You can now showcase your artwork from the Art Store as well as upload your own photos or even choose from a selection of curated art pieces. The Samsung Art Store[2] is a subscription-based service that provides access to a wide variety of digital artwork for display on Samsung TVs, primarily the Frame TV series. It allows users to transform their TV into a digital art gallery, showcasing a diverse collection of paintings, photographs and other art forms.

In addition, Samsung recently launched the Art TV[3] of Art Basel in Basel (ABB) Collection, an exclusive curation of digital art available across Samsung TVs with Samsung Art Store. And furthermore, the Ambient Mode[4] lets you personalise your space with visuals that reflect your taste or mood. This innovative feature allows you to display content on the screen even when the TV is not “on.” Also, you can now transform your TV into a customisable art installation or a source of useful information when not being used for regular viewing.

With the help of QLED’s Quantum Dot technology – it is clear that Samsung is now empowering creativity and unleashing “The Artist Within”. The company’s QLED TVs have now become more than just a display, they are creative partners. For this reason, Samsung remains committed to using ground-breaking technologies such as QLED’s Quantum Dot to leverage artistic expression and technological innovation to create a more immersive and engaging viewing experience for consumers.

Samsung’s QLED with Quantum Dot technology are bridging the gap between technology and creativity. This foundation of the real QLED experience that Samsung has pioneered, invites users to see the world more vividly and to create, imagine and feel more deeply. All of this is an indication that Samsung’s QLED displays are not your average TVs – they are the result of years of refinement and mastery in Quantum Dot display technology.

________________

Disclaimers:
[1] Terms & Conditions Apply. Art mode cannot be permanently disabled.
[2] The Art Store is available on Samsung’s The Frame TVs and is expanding to other Samsung QLED TV models. A subscription is typically required to access the full library of artwork, though some free content may be available.
[3] Samsung Art TV includes MICRO LED, The Frame, The Frame Pro, Neo QLED 8K, Neo QLED, and QLED models starting from Q7F and above.
[4] The Ambient button is only available on select remotes. If you press the Ambient button when the TV is turned off, the TV will turn on in Ambient Mode.

MIL OSI Economics –

June 26, 2025
MIL-OSI Economics: ASEAN Foreign Ministers’ Statement on the Situation in the Middle East

Source: ASEAN

We express concern over the escalation of tensions in the Middle East since 13 June 2025, and welcome the ceasefire between Israel and Iran on 24 June 2025. We urge all parties to respect the ceasefire and avoid further escalation of this conflict.
We reaffirm the obligation of all States to resolve their differences through peaceful means and to respect the sovereignty and territorial integrity of all nations, in line with international law, including the United Nations (UN) Charter. We further reiterate the obligations to protect civilians and civilian infrastructures in armed conflicts consistent with international law and relevant UN Security Council resolutions.
We support ongoing efforts, including those led by the UN, aimed at de-escalating tensions and facilitating the resumption of constructive engagement among parties involved.
We also re-emphasise the shared commitment to provide emergency assistance to ASEAN nationals, in accordance with the ASEAN Declaration on the Guidelines on Consular Assistance by ASEAN Member States’ Missions in Third Countries to Nationals of Other ASEAN Member State and the Guidelines for the Provision of Emergency Assistance by ASEAN Missions in Third Countries to Nationals of ASEAN Member Countries in Crisis Situations.

Download the full statement here.

The post ASEAN Foreign Ministers’ Statement on the Situation in the Middle East appeared first on ASEAN Main Portal.

MIL OSI Economics –

June 26, 2025
MIL-OSI Economics: Lease Sale 262 Moves Forward – A Strong Step for American Offshore Energy

Source: National Ocean Industries Association – NOIA

Headline: Lease Sale 262 Moves Forward – A Strong Step for American Offshore Energy

For Immediate Release: Wednesday, June 25, 2025NOIA .org
Lease Sale 262 Moves Forward – A Strong Step for American Offshore Energy
Washington, D.C. – National Ocean Industries Association (NOIA) President Erik Milito issued the following statement after the Department of the Interior issued the Proposed Notice of Sale for Gulf of America Lease Sale 262:
“This is welcome news and a timely step that reaffirms America’s commitment to offshore energy leadership. It underscores the vital role the Gulf of America plays in providing affordable, reliable energy, supporting hundreds of thousands of good-paying jobs, and reinforcing our national security.
“We commend Secretary Burgum and the administration for advancing this process and restoring much-needed predictability to the offshore leasing program. This action sets the stage for continued investment, innovation, and responsible development in one of the world’s most strategic energy regions. We look forward to working with policymakers to ensure the Gulf’s continued contributions to U.S. energy strength for generations to come.”
##
About NOIA The National Ocean Industries Association (NOIA) represents and advances a dynamic and growing offshore energy industry, providing solutions that support communities and protect our workers, the public and our environment.

MIL OSI Economics –

June 26, 2025
MIL-OSI Economics: Final closure of the operation of the Depositors Compensation Scheme in respect of Kaupthing Singer & Friedlander (Isle of Man) Limited (“the Scheme”)

Source: Isle of Man

Published on: 26 June 2025

Further to an Application Notice dated 21^st March 2025 made by the Authority as Scheme Manager following the closure of the Scheme on 1 October 2024, a further Order was made at a hearing at the Isle of Man High Court on 19^th June 2025.

The Order can be viewed here.

Amongst other matters, the Order declares that from 31^st July 2025 all remaining depositors have abandoned any and all rights to claim any dividends and/or surplus interest unclaimed or uncollected.

The Authority will take the final steps to fully close the Scheme on or after 31^st July 2025.

Further information in relation to the Scheme can be accessed here.

Enquiries:

Andrew Kermode

Head of Prudential Supervision Division

Secretary to the Scheme

Tel: +44 (0)1624 689320

Email: andrew.kermode@iomfsa.im

MIL OSI Economics –

June 26, 2025
MIL-OSI Economics: Final closure of the operation of the Depositors Compensation Scheme in respect of Kaupthing Singer & Friedlander (Isle of Man) Limited (“the Scheme”)

Source: Isle of Man

Published on: 26 June 2025

Further to an Application Notice dated 21^st March 2025 made by the Authority as Scheme Manager following the closure of the Scheme on 1 October 2024, a further Order was made at a hearing at the Isle of Man High Court on 19^th June 2025.

The Order can be viewed here.

Amongst other matters, the Order declares that from 31^st July 2025 all remaining depositors have abandoned any and all rights to claim any dividends and/or surplus interest unclaimed or uncollected.

The Authority will take the final steps to fully close the Scheme on or after 31^st July 2025.

Further information in relation to the Scheme can be accessed here.

Enquiries:

Andrew Kermode

Head of Prudential Supervision Division

Secretary to the Scheme

Tel: +44 (0)1624 689320

Email: andrew.kermode@iomfsa.im

MIL OSI Economics –

June 26, 2025
MIL-OSI Economics: Panasonic boosts expansion of condensing unit business in Europe! Sales begin for 70 models of eco-friendly condensing units in two series

Source: Panasonic

Headline: Panasonic boosts expansion of condensing unit business in Europe! Sales begin for 70 models of eco-friendly condensing units in two series

Tokyo, Japan – Panasonic Corporation (https://www.panasonic.com/global/about.html) today announced that Panasonic Cold Chain Poland Sp. z o.o. (PCCPL), a subsidiary of Panasonic Corporation Cold Chain Solutions Company (Panasonic CCS) that is responsible for the development and manufacturing of condensing units in Europe, will launch the new condensing unit series “iCORE” and “iCOOL” from October 2025. A total of 70 models are available in two series, covering a wide range of applications including retail stores, supermarkets, the HoReCa *2 sector, gas stations and Cold rooms.
The “iCORE” series is Panasonic’s flagship line of non-freon condensing unit in the European market. It uses a future-oriented natural refrigerant (CO2 refrigerant/R744) and has a lineup of 12 models, up to 29 kW for medium-temperature applications and up to 15 kW for low-temperature applications. With this series, we will lead the shift to non-freon condensing units in Europe, just as we have in Japan.
The “iCOOL” series is a condensing unit series that is inverter controlled and compatible with HFC*3 and A2L*4 refrigerants. Advanced inverter technology realizes long-term energy savings and reduced electricity cost, and is positioned as a model that supports the gradual transition to low GWP refrigerants. A total of 58 models are available in the lineup, with a maximum of 42 kW for medium temperature applications and a maximum of 14 kW for low temperature applications.
PCCPL became a part of the Panasonic Group through M&A in December 2024 and has been operating as the first European factory for the cold chain business, significantly shortening the delivery lead time throughout Europe compared to the previous method of shipping and transporting from Japan. The launch of this new series of condensing units marks a strategically important milestone for Panasonic as it focuses on its condensing unit business in the European market.
With this acquisition, Panasonic CCS will be able to gain momentum in its condensing unit business in Europe and accelerate the global expansion of its cold chain business, while also contributing to the realization of a sustainable society through the market penetration of environmentally friendly products.

Notes:1 A heat source equipment used to cool cooling equipment such as remote type showcases and cold room freezers and refrigerators. It is used by connecting it to indoor cooling equipment via refrigerant piping and is installed indoors or outdoors.2 Food service industry, abbreviation for Hotel/Restaurant/Cafe3 Alternative freon4 A refrigerant that is slightly flammable, has low toxicity, and has a low global warming potential.

MIL OSI Economics –

June 26, 2025
MIL-OSI Economics: Final Call for Samsung Solve for Tomorrow: Your Idea Could Be the Next Big Solution

Source: Samsung

Across cities and classrooms, from the heart of New Delhi to the bylanes of Kolhapur, thousands of students have stepped forward with one bold belief — “I can solve for tomorrow.” Now, as the last leg of Samsung Solve for Tomorrow roadshows draws to a close, the countdown begins for India’s young changemakers to turn their ideas into action.

June 30 is the final day to apply for Samsung Solve for Tomorrow — a national innovation competition for 14-22-year-olds that has already ignited a movement across the country. Launched on April 29, 2025, the programme empowers students across India with design thinking tools, mentorship from Samsung and IIT Delhi experts, investor connects, prototyping support, and a chance to win INR 1 crore.

But more than the prize, what truly defines this programme is purpose.

Over the past weeks, open houses and roadshows have brought together students with extraordinary vision. In Delhi-NCR, students dreamt up mental health apps and AI-driven solutions for pollution. In Gujarat and Maharashtra, ideas around sustainable packaging, heritage revival, and inclusive education found a stage. In every city, one message rang clear — young India is ready to build real-world solutions for real-world problems.

Now, it’s your turn.

If you’ve ever looked at something broken in the world and thought, “Why isn’t anyone fixing this?” — maybe the answer is: because you’re the one meant to.

Whether you want to help farmers with smarter irrigation, build a safer space for teenagers online, or make your city more accessible — your idea belongs here.

Ishita, a student from Ghaziabad, shared, “This was the first time someone asked me what problem I wanted to solve. That changed everything.”

Aakash, a student from Pune, added, “I stopped waiting for the ‘right time’ and started building. Solve for Tomorrow made me believe my idea mattered.”

Their stories are just the beginning. Yours could be next.

Samsung Solve for Tomorrow is not about being a genius coder or a tech expert — it’s about empathy, curiosity, and the courage to try. It’s for students who dream of a cleaner city, safer roads, healthier communities, and a future where no voice is left unheard.

And if you’re reading this, maybe it’s for you.

Apply before June 30, 2025

This is your last chance to turn your idea into impact.

Let’s build the future — one bold idea at a time.

Let’s Solve for Tomorrow.

MIL OSI Economics –

June 26, 2025
MIL-OSI Economics: 19th Meeting of the ASEAN-Japan Joint Cooperation Committee convenes

Source: ASEAN

The 19th Meeting of the ASEAN-Japan Joint Cooperation Committee (AJJCC) was held today on 26 June 2025 at the ASEAN Headquarters/ASEAN Secretariat. The Meeting reviewed the progress of ASEAN-Japan cooperation under the Comprehensive Strategic Partnership and discussed its future direction, including preparation for the 28th ASEAN-Japan Summit in October this year.

MIL OSI Economics –

June 26, 2025
MIL-OSI Economics: Development Asia: Bridging Transport and Health: Why Post-Crash Care is Critical for Road Safety Progress in Asia
Source: Asia Development Bank

For a post-crash response to be effective, it requires a systematically coordinated, well-integrated, and geographically organized approach. It demands a seamless delivery of inclusive and comprehensive care across the continuum—from the time of injury to transport to acute facilities, and to rehabilitation.

Key approaches to improve trauma-care response are as follows:

Prehospital care (provided at the scene of the crash):
- Communication – An effective emergency response system relies on a single, universally-recognized, and easy-to-remember emergency number. Many low and middle-income countries face fragmented emergency services, often operating multiple systems with different contact numbers, which hampers timely response.
- Emergency Transport – A well-organized system facilitates timely dispatch of appropriately equipped ambulances based on accurate information from the scene. A clear guideline on different types of transportation available depending on the severity and urgency of the case can minimize the risk of resource overuse. Many low and middle-income countries lack sufficient and properly equipped emergency transport services.
- Triage – Efficient triage systems help assess the severity of injuries, prioritize treatment needs, and allocate medical resources accordingly. This process ensures that patients receive the right care at the right time for improved overall outcomes.
- First aid management – In the absence of trained personnel, immediate care may be provided by bystanders or lay first-responders to stabilize victims quickly in remote or underserved areas. Therefore, community health literacy and basic first-aid training for the general public are essential.
Hospital care:
- Human Resources – An adequate number of staff who are well trained and equipped in the case of emergency crisis, and who receive appropriate administrative support can provide timely and effective care.
- Infrastructure – Hospitals equipped with appropriate trauma facilities, medical equipment, and sufficient supplies can manage a wide range of injuries and conditions effectively.
- Definitive care – Clear protocols that guide hospital admission, treatment, and discharge, or guidelines on stabilizing the patient and transferring to a higher-level facility for treatment can make post-care more effective.
Posthospital care (care provided at follow-up, focused on recovery and restoring of functions):

Rehabilitation should be integrated in the system. Rehabilitation care needs to be an integral part of the treatment plan to improve the long-term wellbeing and functionality of injured persons. It could include physical and occupational therapy but also extends to mental health services and other rehabilitation care that will improve functioning.

Surveillance systems

Such devices are essential tools for the health and transport sector alike, to monitor road traffic injuries, assess patient outcomes, and pinpoint high-risk groups or locations. These insights inform targeted enhancements in trauma care, guide effective resource allocation, and support coordinated responses among emergency services.

Multiagency collaboration

Multiagency involvement across the system can make response more effective. The transport sector may ensure the development and availability of emergency transport vehicles and accessible transport routes (roads, air transport), while the health sector may ensure the development and availability of health infrastructure, resources, emergency services, facilities, supplies, and human resources, among several others.
MIL OSI Economics –
June 26, 2025
MIL-OSI Economics: New statistics on banking and mortgage loans by corporate size

Source: Danmarks Nationalbank

Large corporations have the highest outstanding nominal amount per corporation

In addition to the total outstanding nominal amount, the statistics include distributional figures for each corporation size category calculated per borrower, which here corresponds to one company (one CVR number). In the 1st quarter of 2025, small corporations had the largest outstanding nominal amount, totaling to kr. 645 billion. Of this, 78 per cent is mortgage credit debt, making it by far the largest component of small corporations’ banking and mortgage debt. In contrast, for large corporations, approximately two-thirds of their banking and mortgage debt consists of bank loans.

A few large corporations pull up the average

There are the most borrowers in the group of small corporations. For small corporations, the average outstanding nominal amount is kr. 8.9 million in the 1st quarter of 2025. This is in line with the median, which is one of several distributional figures included in the new statistics. In comparison, a large corporation has an average outstanding nominal amount of nearly kr. 258 million. For large corporations, the average banking and mortgage debt is considerably higher than the median. This difference indicates a large variation in banking and mortgage debt among large corporations, where a few with very large debts pull the average up in relation to the median.

Explore the new details in the table in the Statbank

The new table expands the statistics for banking and mortgage lending based on microdata with a more detailed grouping of loans to corporations (non-financial corporations supplemented by self-employed individuals). The corporations are grouped hierarchically by sector and then by size.

Banking and mortgage credit based on microdata is a statistical area that is continuously developed. The new detailed data can be found in the table DNMUVS. Read more about the methodologies and table contents in Sources and method on Danmarks Nationalbank’s website.

MIL OSI Economics –

June 26, 2025

MIL-OSI Economics: Underwriting Auction for sale of Government Securities for ₹36,000 crore on June 27, 2025

Source: Reserve Bank of India

Government of India has announced the sale (issue/ re-issue) of Government Securities, as detailed below, through auctions to be held on June 27, 2025 (Friday).

As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, applicable to each Primary Dealer (PD), are as under:

(₹ crore)
Security	Notified Amount	MUC amount per PD	Minimum bidding commitment per PD under ACU auction
New GS 2028	6,000	143	143
6.33% GS 2035	30,000	715	715

The underwriting auction will be conducted through multiple price-based method on June 27, 2025 (Friday). PDs may submit their bids for ACU auction electronically through Core Banking Solution (E-Kuber) System between 09:00 A.M. and 09:30 A.M. on the day of underwriting auction.

The underwriting commission will be credited to the current account of the respective PDs with RBI on the day of issue of securities.

Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2025-2026/593

MIL OSI Economics –

June 26, 2025

MIL-OSI Economics: Secretary-General of ASEAN meets with the ASEAN Committee in Rabat

Source: ASEAN

Secretary-General of ASEAN, Dr. Kao Kim Hourn, met with the ASEAN Committee in Rabat at the residence of the Ambassador of Malaysia to Morocco, for a Working Dinner on 25 June 2025. The event was hosted by the Ambassador of Malaysia to Morocco, Dato’ Shahabudeen Adam Shah, as the current Chair of the ASEAN Committee in Rabat. SG Dr. Kao thanked the Committee for its active role and contributions towards raising the profile, awareness and visibility of ASEAN in Morocco and enhancing ASEAN-Morocco relations. SG Dr. Kao briefed the Committee on the latest developments in ASEAN, particularly decisions of the ASEAN Leaders at the recently-concluded 46th ASEAN Summit and related meetings, in Malaysia. SG Dr. Kao also shared his views on ways to further strengthen the ASEAN-Morocco Sectoral Dialogue Partnership.

The post Secretary-General of ASEAN meets with the ASEAN Committee in Rabat appeared first on ASEAN Main Portal.

MIL OSI Economics –

June 26, 2025
MIL-OSI Economics: 4th ASEAN Mineral Awards

Source: ASEAN

ASEAN Set to Honour Mining Excellence at 4th ASEAN Mineral Awards in Lao PDR

The spotlight will soon shine on the region’s mining sector as ASEAN prepares to honour top-performing companies in the 4th ASEAN Mineral Awards (AMA), to be announced during the 10th ASEAN Ministerial Meeting on Minerals (AMMin) in the week of 29 September 2025 in Vientiane, Lao PDR.

Held biennially, the AMA recognises excellence in environmentally and socially responsible mining and minerals processing practices across Southeast Asia. The prestigious awards ceremony will take place during the AMMin Gala Dinner, a highlight of the ASEAN minerals calendar.

The awards celebrate companies that have demonstrated significant contributions to sustainable development in the sector—ranging from community upliftment and workforce development, to improved resource efficiency and enhanced environmental, health and safety standards.

Six awards will be given across two mineral categories:

Metallic Minerals:

Best Practices in Mining
Best Practices in Processing (including smelting)
Best Practices in Distribution (including transport, handling, storage)

Non-metallic Minerals:

Best Practices in Mining
Best Practices in Processing
Best Practices in Distribution

Launched in 2017, the AMA has become a key platform for recognising regional excellence. While the first and second editions were held in 2017 and 2019 respectively, the third edition—originally planned for 2021—was postponed to 2023 due to the COVID-19 pandemic.

In addition to the awards, ASEAN will unveil a special AMA Handbook showcasing the achievements of winners and finalists. The publication will document real-world examples of best practices in the region’s minerals sector, serving as a reference and inspiration for future innovation.

Applicants and stakeholders are encouraged to consult the official guidelines and contact their respective ASEAN Member State Focal Points for national nomination timelines and submission procedures.

—

The post 4th ASEAN Mineral Awards appeared first on ASEAN Main Portal.

MIL OSI Economics –

June 26, 2025
MIL-OSI Economics: Secretary-General of ASEAN meets with Secretary-General of the Ministry of Agriculture, Fisheries, Rural Development, Water and Forests of Morocco

Source: ASEAN

Secretary-General of ASEAN, Dr. Kao Kim Hourn, met with the Secretary-General of the Ministry of Agriculture, Fisheries, Rural Development, Water and Forests of Morocco, Redouane Arrach, in Rabat, on 25 June 2025. They discussed key issues aimed at advancing cooperation in the food, agriculture, and forestry sectors, with a focus on addressing common challenges such as climate change and sustainable development. Both sides exchanged views on ways to formulate and implement programmes related to agricultural trade, decarbonisation, digitalisation, and the promotion of public-private partnerships, among others.

The post Secretary-General of ASEAN meets with Secretary-General of the Ministry of Agriculture, Fisheries, Rural Development, Water and Forests of Morocco appeared first on ASEAN Main Portal.

MIL OSI Economics –

June 26, 2025
MIL-OSI Economics: The real benchmark for AI progress is whether it makes a real difference in people’s lives — in healthcare, education and productivity. Thanks to Y Combinator for having me at AI Startup School.
Source: Microsoft

Headline: The real benchmark for AI progress is whether it makes a real difference in people’s lives — in healthcare, education and productivity. Thanks to Y Combinator for having me at AI Startup School.

The real benchmark for AI progress is whether it makes a real difference in people’s lives — in healthcare, education, and productivity. Thanks to Y Combinator for having me at AI Startup School.
Like Comment

Transcript

If there’s one lesson history is thought of is that if you’re going to use energy, you better have social permission to use energy. So that means you’ve got to make sure that the output of this AI is socially useful. If we really are not creating social surplus, economic surplus as measured by countries and communities, we just can’t consume energy. And so that to me is the bigger thing. Like everybody’s today hot and bothered about, OK, what do I do about energy production, I think. The real question in the next 5 years is we’ve got to produce enough products that are creating great value, which I’m very confident of, by the way, in healthcare and education in in productivity. So there’s many, many domains. But that’s the real challenge for us as a tech industry is to prove unequivocally that what we have created is showing up in real stats. That is not just an AGI or AI benchmark. The hope is that this will show up. And sort of the real things that you sort of interact with on a daily basis that 100%, you know, you go use your, you get a mortgage loan and instead of, you know, beautiful three months or two months of waiting around and you don’t know if you’re going to get approved or, you know, there’s just so many things that are important parts of your life that, you know, get drowned in paperwork or bureaucracy that those things could potentially go away. 100% Think healthcare like in the United States. What is it 1819% of our cost? Healthcare and a lot of it, like everybody talks about the magical drug, blah, blah, blah, except all of the cost is in workflow. And so if you really take something like a simple thing like discharge the amount that you take the back end of an EMR system with a just a, an LLM and a prompt, that itself is going to save so much time and money and energy that it would sort of pay for itself.
MIL OSI Economics –
June 26, 2025
MIL-OSI Economics: The real benchmark for AI progress is whether it makes a real difference in people’s lives — in healthcare, education and productivity. Thanks to Y Combinator for having me at AI Startup School.
Source: Microsoft

Headline: The real benchmark for AI progress is whether it makes a real difference in people’s lives — in healthcare, education and productivity. Thanks to Y Combinator for having me at AI Startup School.

The real benchmark for AI progress is whether it makes a real difference in people’s lives — in healthcare, education, and productivity. Thanks to Y Combinator for having me at AI Startup School.
Like Comment

Transcript

If there’s one lesson history is thought of is that if you’re going to use energy, you better have social permission to use energy. So that means you’ve got to make sure that the output of this AI is socially useful. If we really are not creating social surplus, economic surplus as measured by countries and communities, we just can’t consume energy. And so that to me is the bigger thing. Like everybody’s today hot and bothered about, OK, what do I do about energy production, I think. The real question in the next 5 years is we’ve got to produce enough products that are creating great value, which I’m very confident of, by the way, in healthcare and education in in productivity. So there’s many, many domains. But that’s the real challenge for us as a tech industry is to prove unequivocally that what we have created is showing up in real stats. That is not just an AGI or AI benchmark. The hope is that this will show up. And sort of the real things that you sort of interact with on a daily basis that 100%, you know, you go use your, you get a mortgage loan and instead of, you know, beautiful three months or two months of waiting around and you don’t know if you’re going to get approved or, you know, there’s just so many things that are important parts of your life that, you know, get drowned in paperwork or bureaucracy that those things could potentially go away. 100% Think healthcare like in the United States. What is it 1819% of our cost? Healthcare and a lot of it, like everybody talks about the magical drug, blah, blah, blah, except all of the cost is in workflow. And so if you really take something like a simple thing like discharge the amount that you take the back end of an EMR system with a just a, an LLM and a prompt, that itself is going to save so much time and money and energy that it would sort of pay for itself.
MIL OSI Economics –
June 26, 2025
MIL-OSI Economics: News release: CanREA Summit examines renewables investment in Canada’s current financial landscape

Source: – Press Release/Statement:

Headline: News release: CanREA Summit examines renewables investment in Canada’s current financial landscape

At Clean Power Finance Canada—CanREA Summit 2025, finance and energy industry experts highlighted massive opportunities for investors, developers and policymakers to build a clean, affordable and resilient energy future for all Canadians.

Toronto, June 25, 2025— More than 200 people attended the second edition of Clean Power Finance Canada—CanREA Summit, a full-day conference presented by CIBC and held at CIBC Square in downtown Toronto today.

This annual event brings together clean energy companies and investment experts to discuss the particularities of investing in renewable energy and energy storage projects, aiming to understand the current financial landscape of Canada’s clean-energy industry, which stands ready to build modular, scalable, clean energy projects at pace to serve Canadian industries, businesses and homes.

“Clean electricity is a strategic Canadian advantage, and Canada is open for business: CanREA is currently tracking more than 18 GW of new clean energy projects, representing more than $34 billion in investment, and there continues to be massive opportunities for investors, developers and policymakers to collaborate in building a cleaner energy future for Canadians,” said Vittoria Bellissimo, CanREA’s President and CEO.

“As global electricity demand continues to rise, we must accelerate the planning and execution of clean energy projects to ensure affordable, reliable and sustainable power for our industries, businesses and households.”

Many leading Canadian finance and energy experts highlighted the critical role of strategic investments and policy support in accelerating Canada’s clean energy transition in the current geopolitical landscape.

“As markets across Canada continue to seek new energy sources, the clean electricity sector has a unique opportunity to satisfy some of those needs and CIBC is ready to support our clients’ ambitions in the sector,” said James Brooks, Managing Director & Co-Head, Energy, Infrastructure & Transition, Global Investment Banking, CIBC.

Roman Dubczak (Deputy Chair at CIBC Capital Markets), delivered the Summit’s opening remarks, alongside CanREA’s Bellissimo, followed by a keynote address from Sashen Guneratna (Managing Director, Investments, at Canada Infrastructure Bank).

In the opening plenary, “Global trends, local impacts: How will international trade and energy policies affect Canada’s clean energy markets,” moderator Michelle Chislett (Executive VP at Northland Power) and panelists James Brooks (Managing Director and Co-Head of Energy, Infrastructure and Investment Banking at CIBC), Elizabeth Kaiga (CCO of Energy Systems, North America at DNV) and Ryan Lax (Counsel, Torys LLP) provided informed answers to urgent questions about the current global trade and energy landscape and how to navigate these turbulent times.

Other highlights included:

In “Cutting edge: Financing emerging clean power technologies,” panelists delved into the innovative tech poised to burst onto the clean-power scene—and the supply chains required to service them.

In “Indigenous equity financing: Funding opportunities for clean energy partnerships,” speakers identified well-known obstacles and various financing and investment solutions for Indigenous communities seeking equity partnerships.

In “Mapping the political landscape: Policy insights for Canada’s clean power industry,” speakers discussed Canada’s current energy and electricity policies as the cornerstone of our economic growth and national sovereignty.

In “Canada’s Renewable Energy Market Outlook 2025,” representatives of CanREA and Dunsky Energy + Climate Advisors offered a preview of their upcoming report, launching in September 2025, which will present a comprehensive forecast and analysis of the future costs and market outlook for wind energy, solar energy and energy storage technologies across Canada.

At the annual “CanREA Connects Ontario” networking reception, nearly 300 industry professionals capped off the Summit with drinks, laughs and discussions about the day’s topics.

“This year’s Clean Power Finance Canada—CanREA Summit investigated the financial mechanisms driving Canada’s clean energy future and examined how we can ensure the investment needed to accelerate the deployment of all the affordable clean power we will need in the coming years,” said Wesley Johnston, CanREA’s Vice President, Business Development, Finance and Operations.

“This event is about more than just capital—it’s about collaboration between developers, investors, Indigenous partners and policymakers, to get clean energy projects built on time and on budget.”

CanREA wishes to thank all attendees, moderators and speakers for helping to make the Clean Power Finance Canada—CanREA Summit a success. A special word of thanks to our Presenting Sponsor CIBC, as well as Platinum Sponsors Vancity Community Investment Bank (VCIB) & Northland Power, Gold Sponsors DNV, Gowling WLG & Dunsky Energy + Climate Advisors, Silver Sponsors Goldwind, EDF, LCAB & Osler, and Bronze Sponsors Innergex, Compass Energy Consulting, RES Group, TACT, KPMG, Hub International, PCL Construction, Phoventus & Nordex.

Photos

Photo: More than 200 people attended the second annual Clean Power Finance Canada—CanREA Summit, held June 25 in downtown Toronto. This full-day conference, hosted by the Canadian Renewable Energy Association (CanREA), brings together industry leaders and investment experts, aiming to open dialogue between Canada’s finance and clean power industries.

Photo: Roman Dubczak, Deputy Chair at CIBC Capital Markets, delivered opening remarks from the Summit’s Presenting Sponsor, CIBC.

Photo: The opening plenary, “Global trends, local impacts: How will international trade and energy policies affect Canada’s clean energy markets,” featured moderator Michelle Chislett (Executive VP at Northland Power) and panelists James Brooks (Managing Director and Co-Head of Energy, Infrastructure and Investment Banking at CIBC), Elizabeth Kaiga (CCO of Energy Systems, North America at DNV) and Ryan Lax (Counsel, Torys LLP).

Quotes

“As markets across Canada continue to seek new energy sources, the clean electricity sector has a unique opportunity to satisfy some of those needs and CIBC is ready to support our clients’ ambitions in the sector.”
—James Brooks, Managing Director & Co-Head, Energy, Infrastructure & Transition, Global Investment Banking CIBC

“Clean electricity is a strategic Canadian advantage, and Canada is open for business: CanREA is currently tracking more than 18 GW of new clean energy projects, representing more than $34 billion in investment, and there continues to be massive opportunities for investors, developers and policymakers to collaborate in building a cleaner energy future for Canadians. As global electricity demand continues to rise, we must accelerate the planning and execution of clean energy projects to ensure affordable, reliable and sustainable power for our industries, businesses and households.”
—Vittoria Bellissimo, President and CEO, Canadian Renewable Energy Association (CanREA)

“This year’s Clean Power Finance Canada—CanREA Summit investigated the financial mechanisms driving Canada’s clean energy future and examined how we can ensure the investment needed to accelerate the deployment of all the affordable clean power we will need in the coming years. This event is about more than just capital—it’s about collaboration between developers, investors, Indigenous partners and policymakers, to get clean energy projects built on time and on budget.”
—Wesley Johnston, Vice President, Business Development, Finance and Operations, Canadian Renewable Energy Association (CanREA)

For interview opportunities, please contact:

Michaela Ianni, Communications SpecialistCanadian Renewable Energy Association613-805-4465communications@renewablesassociation.ca

About CanREA

The Canadian Renewable Energy Association (CanREA) is the voice for wind energy, solar energy and energy storage solutions that will power Canada’s energy future. We work to create the conditions for a modern energy system through stakeholder advocacy and public engagement. Our diverse members are uniquely positioned to deliver clean, low-cost, reliable, flexible and scalable solutions for Canada’s energy needs. Follow us on Bluesky and LinkedIn. Subscribe to our newsletter. Learn more at renewablesassociation.ca.

The post News release: CanREA Summit examines renewables investment in Canada’s current financial landscape appeared first on Canadian Renewable Energy Association.

MIL OSI Economics –

June 26, 2025
MIL-OSI Economics: Rwanda: African Development Bank kickstarts pioneering cable car project in Kigali

Source: African Development Bank Group
The African Development Bank has approved a grant of $500,000 to undertake a feasibility study into the first phase of a cable car transport network in Kigali, that will be sub-Saharan Africa’s first aerial urban transit system. The project is initiated by Ropeways Transit Rwanda Ltd (RTRL).

MIL OSI Economics –

June 26, 2025
MIL-OSI Economics: Microsoft, Wisconsin Economic Development Corporation, University of Wisconsin-Milwaukee and TitletownTech officially open AI Co-Innovation Lab to accelerate manufacturing innovation

Source: Microsoft

Headline: Microsoft, Wisconsin Economic Development Corporation, University of Wisconsin-Milwaukee and TitletownTech officially open AI Co-Innovation Lab to accelerate manufacturing innovation

Milwaukee, Wis. — June 25, 2025 — Microsoft Corp., in collaboration with the Wisconsin Economic Development Corporation (WEDC), the University of Wisconsin-Milwaukee (UWM) and TitletownTech announced on Wednesday the opening of an AI Co-Innovation Lab on the UWM campus. This marks Microsoft’s first AI Co-Innovation Lab with a dedicated focus on manufacturing innovation.

The lab’s launch comes one year after Microsoft’s landmark investment to build AI infrastructure in Wisconsin. Operating out of a temporary home on the UWM campus over the past year, the lab worked with a handful of companies from across Wisconsin to build AI solutions.

Recent engagements show how manufacturers and other organizations are using AI to solve real-world challenges. From real-time fault detection in industrial machinery to multilingual voice assistants that streamline gate, dock and yard logistics, local companies are working to apply Microsoft’s AI technologies to improve operations and decision-making. Others are building tools to forecast supply chain lead times, manage hydroponic farms and deliver proactive customer support.

While the lab is rooted in manufacturing innovation, it works with organizations across industries, spanning small and medium-size businesses, enterprises, startups, and academia, reflecting the broad networks and experience of the lab’s founding partners: Microsoft, WEDC, UWM and TitletownTech.

AI promises to drive innovation and boost productivity in every sector of the economy. The Co-Innovation Lab will ensure that Wisconsin is well positioned to capitalize on that opportunity and to serve as a model for applied innovation around the world.

“A year ago, alongside our $3.3 billion infrastructure investment, we committed to using the power of AI to help advance the next generation of manufacturing companies, skills and jobs in Wisconsin and across the country,” said Rima Alaily, corporate vice president and general counsel, infrastructure legal affairs at Microsoft. “Thanks to our partnership with WEDC, TitletownTech and UWM, we’re delivering on this commitment. With access to cutting-edge AI technology and technical guidance to bring their ideas to life, we can’t wait to see what Wisconsin companies will build.”

“Through the strength of this partnership between Microsoft, TitletownTech, UWM and WEDC, the AI Co-Innovation Lab is helping businesses of all sizes and across all sectors apply the power of AI to their daily operations,” said Missy Hughes, secretary and CEO of Wisconsin Economic Development Corporation. “This is an exciting new chapter for our state — and for the world.”

“This lab will have a profound impact on our faculty members’ and our students’ ability to drive innovation and prepare their careers,” said University of Wisconsin-Milwaukee Chancellor Mark Mone. “Harnessing the power of AI and cloud technologies will help Wisconsin manufacturers advance their competitive edge while offering students hands-on, real-world experience.”

“The lab brings a startup mindset to industry by moving fast, building with purpose and focusing on outcomes,” said TitletownTech Managing Partner Craig Dickman. “As AI becomes foundational to every sector, building fluency is critical not just for innovation but for staying competitive.”

The AI Co-Innovation Lab helps catalyze businesses toward AI adoption and acceleration through hands-on collaboration. Teams partner with either UWM or TitletownTech to define meaningful use cases and work directly with Microsoft engineers to explore and shape AI-driven solutions.

Depending on the need, the lab supports both full prototyping sprints, where teams build working solutions using Microsoft’s cloud and AI technologies, and design sessions that focus on solution architecture and feasibility. This flexible model gives startups, manufacturers and enterprises the strategic and technical support to unlock new value, drive efficiency and move confidently into AI-powered innovation.

By equipping Wisconsin-based organizations with cutting-edge tools and talent, the lab ensures that the state is well positioned to compete and lead in an increasingly global, technology-driven economy.

Microsoft (Nasdaq “MSFT” @microsoft) creates platforms and tools powered by AI to deliver innovative solutions that meet the evolving needs of our customers. The technology company is committed to making AI available broadly and doing so responsibly, with a mission to empower every person and every organization on the planet to achieve more.

For more information, press only:

Microsoft Media Relations, We. Communications, (425) 638-7777,

[email protected]

Note to editors: For more information, news and perspectives from Microsoft, please visit Microsoft Source at https://news.microsoft.com/source. Web links, telephone numbers and titles were correct at time of publication but may have changed. For additional assistance, journalists and analysts may contact Microsoft’s Rapid Response Team or other appropriate contacts listed at https://news.microsoft.com/microsoft-public-relations-contacts.

MIL OSI Economics –

June 26, 2025

Category: Economics

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