NewzIntel.com

Category: Economics

  • MIL-OSI Economics: APEC Backs Global Push for WTO Investment Facilitation for Development Agreement Jeju, Republic of Korea | 13 May 2025 Issued by the Committee on Trade and Investment and the Investment Experts’ Group APEC member economies have expressed collective support for the Investment Facilitation for Development (IFD) Agreement, calling for its integration into the World Trade Organization (WTO) legal framework.

    Source: APEC – Asia Pacific Economic Cooperation

    With cross-border investment facing growing barriers and uncertainty, APEC member economies have expressed collective support for the Investment Facilitation for Development (IFD) Agreement, calling for its integration into the World Trade Organization (WTO) legal framework.

    The agreement aims to improve transparency, streamline procedures and create a more predictable environment for investors, particularly in developing economies.

    Meeting in Jeju during the Second APEC Senior Officials’ Meeting and Related Meetings, the Committee on Trade and Investment and the Investment Experts’ Group issued a joint statement encouraging broader participation in the IFD Agreement and its incorporation into the WTO legal framework.

    “The IFD Agreement has significant potential to improve the investment and business climate across the world, reducing the cost of investment and making it easier for investors in all sectors to operate, expand and contribute to economic growth,” said Christopher Tan, Chair of the APEC Committee on Trade and Investment.

    Tan noted that the IFD Agreement will contribute to the Putrajaya Vision 2040’s goal of delivering a transparent and predictable trade and investment environment in the Asia Pacific Region, and further the region’s interest to attract and sustain investment.

    “Incorporating the IFD Agreement into the WTO framework would be a major step forward for global trade and investment, and a win for the region,” he added.

    The joint statement further reinforces the newly updated Investment Facilitation Action Plan (IFAP) 2025, underscoring APEC economies’ shared recognition of the IFD Agreement as a key driver in advancing the region’s investment goals.

    “The effective implementation of the IFD Agreement has the potential to significantly boost investment flows, foster inclusive economic growth and narrow the development gap between economies,” said Faizal Mohd Yusof, Convenor of the APEC Investment Experts’ Group.

    “It is essential that we sustain momentum toward integrating this Agreement into the WTO framework, ensuring that all economies, regardless of their level of development, can fully benefit,” he concluded.

    Read the Statement of the APEC Committee on Trade and Investment, together with the APEC Investment Experts’ Group Supporting the Investment Facilitation for Development Agreement here.

    For more information or media inquiries, please contact:
    [email protected]

    MIL OSI Economics –

  • MIL-OSI Economics: NOIA Urges Certainty on Offshore Energy Tax Credits

    Source: National Ocean Industries Association – NOIA

    Headline: NOIA Urges Certainty on Offshore Energy Tax Credits

    For Immediate Release: Monday, May 12, 2025NOIA .org
    NOIA Urges Certainty on Offshore Energy Tax Credits
    Washington, D.C. – National Ocean Industries Association President Erik Milito issued the following statement in regards to the House Ways & Means Committee reconciliation package:
    “NOIA continues to support efforts by Congress and the Administration to promote U.S. energy dominance. However, we caution against the premature repeal or phase-out of current tax credits, as such changes risk disrupting vital investments in American manufacturing, infrastructure, ports, shipbuilding, and offshore energy projects nationwide.
    “Through a long-term lens—spanning a decade or more—American companies have made substantial investments in offshore energy based on the stability of the current tax framework. Sudden changes to the tax code could inject significant uncertainty, jeopardizing capital allocation, project planning, and job creation across the energy sector and the broader economy.
    “As budget reconciliation discussions move forward, we urge a collaborative approach that maintains certainty for businesses that have made meaningful U.S. investments under the existing credit structure. These tax credits provide a meaningful boost to the U.S. in the global competition to meet surging AI-driven energy demand, secure critical mineral supply chains, and revitalize domestic shipbuilding—all while supporting affordability and reliability for American consumers.”
    ##
    About NOIAThe 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 –

  • MIL-OSI Economics: Buffalo Bills announce Verizon as Official 5G Network and a Founding Partner of new Highmark Stadium

    Source: Verizon

    Headline: Buffalo Bills announce Verizon as Official 5G Network and a Founding Partner of new Highmark Stadium

    Verizon partnership to include:

    • Ownership of the Distributed Antenna System (DAS)
    • Integration of Verizon Business Services and Solutions to drive sustainability, operations and fan experiences
    • Premium programming, sweepstakes and onsite activations; unique access and experiences will be available for Verizon customers
    • Verizon to  donate to Buffalo-based Veterans One Stop

    NEW YORK – The Buffalo Bills today announced Verizon will be the exclusive wireless telecommunications partner of the new Highmark Stadium, set to open in 2026. The agreement also establishes Verizon as a Founding Partner of New Highmark Stadium.

    “Partnering with Verizon as the Official 5G Network and a Founding Partner for the new Highmark Stadium is a major step in enhancing the fan experience at every level,” said Pete Guelli, Buffalo Bills, EVP & Chief Operating Officer, Buffalo Bills. “Verizon’s technical expertise and leadership in 5G will transform how our fans connect with the game and each other, bringing cutting-edge connectivity to our stadium and its surrounding campus. Together, we’re setting a new standard for live sports, creating immersive, seamless experiences that will keep our fans at the forefront of innovation.”

    As the Official 5G Network for the new Highmark Stadium, Verizon will own the neutral host Distributed Antenna System (DAS) in the new stadium and provide state-of-the-art technology and wireless solutions to keep fans connected. The Bills will also integrate Verizon Business Solutions and services in the new stadium to drive sustainability, power operations and streamline fan experiences. While the new stadium is under construction, Verizon Business is providing temporary WiFi access points to the site to power the design, integration/logistics and installation of the facility.

    “Bills fans are some of the most passionate in the league, and we’re excited for the opportunity to bring them the power of Verizon 5G at the new Highmark Stadium to elevate their game-day experience like never before,” said Chris Flood, Atlantic North Market President, Verizon. “From ultrafast connectivity to enhanced in-stadium features, our partnership with the Bills is all about delivering an immersive experience that keeps fans engaged every play of the game. Together, we’re providing the technology that enhances every moment, both on and off the field, to deliver a next-level fan experience.”

    The new stadium will seat 60,000 with an expandable capacity to hold special events, will include state-of-the-art video and scoreboards, sound system, administrative and event staff offices and lockers, broadcast facilities, team store, locker rooms, food service kitchens and concessions, signage, sports lighting, maintenance, and storage areas, plaza, parking, and site landscaping.

    Fans interested in becoming a priority list member, which includes access to visit the Bills Stadium Experience and purchase seats following current Season Ticket Members, can sign up at Billsstadiumexperience.com.

    In addition to always-on connectivity, Bills fans and stadium attendees will benefit from premium programming, sweepstakes and onsite activations. Unique access and experiences will be available for Verizon customers throughout the season/year. Furthermore, Verizon is donating an additional $20,000 to the Veterans One-Stop Center – a Buffalo-based nonprofit that improves the quality of life of local veterans, service members and their families – following the company’s November 2024 donation of $20,000 to the same organization, for a total donation of $40,000 toward the cause.

    The Bills collaborated with global, premium experiences company Legends to secure Verizon as a founding partner for Highmark Stadium. Legends is the Bills consultant on project development, global partnerships, premium sales, ticket sales, retail, and hospitality for New Highmark Stadium.

    Verizon brings a mix of public and private network capabilities, a robust technology ecosystem, and 5G partnerships that enable leagues, teams, and stadium operators to create and deliver a first-class fan experience and achieve desired venue operations outcomes. Learn more about how Verizon is elevating the connected venue approach for sports, entertainment and campus partners through Enterprise Intelligence.

    About Highmark Stadium

    Highmark Stadium, home of the National Football League’s Buffalo Bills, will open in 2026 in Orchard Park, New York, a suburb of Buffalo. In conjunction with Legends and architectural firm Populous, the Bills have left no stone unturned in covering every innovative element of new stadium design and fan amenities, featuring iconic Buffalo architecture and the deep-rooted spirit of Bills Mafia. The open-air, football-first venue will feature premium, reserved seating that delivers an elevated game day experience & atmosphere. A striking canopy structure will provide seating bowl coverage, enhancing fan comfort and protection from the elements. Fans will enjoy 360-degree concourses, frictionless food and beverage marketplaces, and cutting-edge audio/visual features that will set a new sporting stadium standard. With expandable capacity, Highmark Stadium will be the premier destination for major events beyond football. This transformative project is a public-private partnership between the Buffalo Bills, New York State, and Erie County. For the latest updates, download the Bills App or visit buffalobills.com.

    MIL OSI Economics –

  • MIL-OSI Economics: Thales’s Green Flag Orchestrator solution successfully deployed in Brest and Reims, France, supporting sustainable Air Traffic Management

    Source: Thales Group

    Headline: Thales’s Green Flag Orchestrator solution successfully deployed in Brest and Reims, France, supporting sustainable Air Traffic Management

    • After the success of the deployment in Brest in March, Thales’s Green Flag Orchestrator tool has been implemented at the Reims Area Control Centre (ACC) in France, reducing the consumption of fuel per optimised flight by 200 to 300kg.
    • Green Flag Orchestrator provides Air Navigation Services Providers (ANSPs) with more eco-friendly ‘opportunities’, allowing airlines to optimize flight plans, thereby reducing plane fuel consumption and greenhouse gas emissions.
    • This initiative is part of the EU-funded SESAR JU CONCERTO project, which aims to optimize CO2 reduction opportunities and integrate sustainable air traffic control practices.
    CRNA Est, Reims” id=”image-76de5ad8-ec92-4c8f-bc2e-170cbbf8070d” data-id=”76de5ad8-ec92-4c8f-bc2e-170cbbf8070d” data-original=”https://cdn.uc.assets.prezly.com/76de5ad8-ec92-4c8f-bc2e-170cbbf8070d/-/inline/no/123.jpg” data-mfp-src=”https://cdn.uc.assets.prezly.com/76de5ad8-ec92-4c8f-bc2e-170cbbf8070d/-/format/auto/” alt=”CRNA Est, Reims”/>
    CRNA Est, Reims

    Thales and France’s Direction des Services de la Navigation Aérienne (DSNA) announce the successful implementation of the Green Flag Orchestrator solution at the Reims Area Control Centre (ACC) in France. This milestone marks a new significant step towards more sustainable aviation and aligns with the European Union’s environmental goals to reduce 90% of CO2 emissions by 2040.

    Using advanced decision-making algorithms, Thales’s Green Flag Orchestrator is a tool for ANSPs to manage ATC (Air Traffic Control)  ‘constraints’ – restrictions imposed by ATC to ensure the safe and efficient movement of aircraft through controlled airspace, such as altitude restrictions. This tool automatically identifies and suggests ‘opportunities’ to relax some of these ‘constraints’, which are then proposed to airlines, enabling them to optimise their flight plans, thus reducing fuel consumption and CO2 emissions. By ensuring automation and digital coordination, this solution optimizes ANSPs’ workload, while maintaining the same levels of safety and capacity.

    This deployment is part of the EU-funded SESAR JU CONCERTO project, which focuses on integrating new technologies and concepts to reduce CO2 emissions and introduce non-CO2 impact management into daily operations. As part of this project, all CONCERTO partners are working to integrate green air traffic control capabilities into the system, balancing capacity and environmental performance.

    “The integration of the Green Flag concept at Brest and Reims ACCs aligns with our commitment to promoting a greener aviation industry. This initiative is a crucial step in our environmental strategy and supports our goal of reducing the sector’s carbon footprint.” Florence Serdot-Omer, Head of Unit Validation of Concept and new Technologies at DSNA.

    “Combining advanced algorithms and collaborative tools, the Green Flag Orchestrator empowers Air Navigation Service Providers and airlines to make environmentally conscious decisions, and unlock numerous opportunities for flight path optimization, paving the way for a more sustainable future in air traffic management.” David Antonello, ATM Green Operations Lead at Thales, and CONCERTO project leader

    “Congratulations to Thales and DSNA for the successful deployment of the Green Flag Orchestrator in Reims and Brest. This achievement, delivered through the SESAR CONCERTO project, is a great example of the SESAR innovation pipeline in action—transforming promising ideas into tools that deliver immediate environmental benefits. By accelerating the uptake of eco-efficient solutions like this, we are helping to make Europe’s skies more sustainable, flight by flight.” Andreas Boschen, Executive Director, SESAR Joint Undertaking.

    MIL OSI Economics –

  • MIL-OSI Economics: Introducing Samsung Galaxy S25 Edge on Verizon

    Source: Verizon

    Headline: Introducing Samsung Galaxy S25 Edge on Verizon

    [What’s new]

    Introducing the Samsung Galaxy S25 Edge: where unparalleled elegance meets uncompromising power. This groundbreaking device, available at Verizon, offers the advanced capabilities of the Galaxy S25 Ultra in an exceptionally thin and light smartphone.

    Verizon preorders start May 13 in Titanium Silver, Icyblue and Jetblack, with 256GB or 512GB storage starting at $30.55/month for 36 months (0% APR; $1,099.99 retail). Galaxy S25 Edge will be widely available on May 30.

    [Why Verizon is the best place to get a Galaxy S25 Edge]

    • Galaxy S25 Edge, on us, with select trade-in and 3-year price lock: For a limited time, new and current Verizon customers on any myPlan can get a new Galaxy S25 Edge on us when they trade in any Apple, Google or Samsung smartphone, regardless of its condition. Verizon continues to provide value for its customers with an industry-leading guarantee — a 3-year price lock on all myPlan and myHome network plans and free satellite texting. Price guarantee applies to base monthly rate only.
    • Perks built for you: myPlan and myHome customers can save over 40% on five of the most popular subscription services, Netflix & Max and Disney+, Hulu and ESPN+. All 5 for just $20/mo. Choose what you want, when you want it.

    [How to get your Galaxy S25 Edge]

    • Visit verizon.com, the My Verizon app or a Verizon store to preorder your Galaxy S25 Edge starting May 13.
    • Verizon Business customers can get up to $1,000 off the Galaxy S25 Edge at verizonbusiness.com.
    • Visible customers can purchase the new Galaxy S25 Edge at visible.com starting May 30.
    • Galaxy S25 Edge will be widely available on May 30.

    Smartphone offer: $1,099.99 (256 GB only) purchase w/new or upgrade smartphone line on Unlimited Ultimate, postpaid Unlimited Plus or Unlimited Welcome plan (min. $65/mo w/Auto Pay (+taxes/fees) for 36 mos) req’d. Less $1,100 trade-in/promo credit applied over 36 mos.; promo credit ends if eligibility req’s are no longer met; 0% APR. For upgrades, trade-in phone must be active on account for 60 days prior to new device purchase. Trade-in must be from Samsung, Apple or Google; trade-in terms apply.

    3-yr price guarantee: myPlan: Applies to the then-current base monthly rate for your talk, text, and data. Excludes taxes, fees, surcharges, additional plan discounts or promotions, and third-party services. Void if any of the lines are canceled or moved to an ineligible plan. Plan perks, taxes, fees, and surcharges are subject to change. myHome: Price guarantee for 3-5 years, depending on internet plan, for new and existing myHome customers. Applies only to the then-current base monthly rate exclusive of any other setup and additional equipment charges, discounts or promotions, plan perk and any other third-party services.

    Business offer: New line or device upgrade w/device payment agmt & My Biz Plan w/$20 monthly add-on spending or Business Unlimited Pro plan req’d. Up to $1,000 credit, varying by smartphone trade-in, applied to acct over the term of your agmt (up to 36 mos, 0% APR); promo credit ends when eligibility requirements are no longer met. Select biz customers w/6 or more mos of VZ service: credits begin in 1-2 bills. Other biz customers: credits begin 2-3 bills after trade-in is received by VZ. Smartphone trade-in must be received by VZ w/in 90 days & meet program requirements. Credit(s) will be charged back to acct if trade-in is not received within 90 days, differs from appraisal and/or does not meet program requirements. Most trade-in device conditions accepted; exclusions apply. 10-line trade-in limit per order. Cannot be combined with other device offers. Offer ends 6.30.2025.

    MIL OSI Economics –

  • MIL-OSI Economics: Thales celebrates 50 years in Greece

    Source: Thales Group

    Headline: Thales celebrates 50 years in Greece

    On the occasion of DEFEA, Greece’s premier defence exhibition, Thales, a global leader in advanced technologies for the Defence, Aerospace and Cyber & Digital sectors, celebrates its 50th anniversary of operations in Greece. This milestone underscores Thales’ enduring commitment to fostering technological advancement and contributing to the nation’s economic growth and security.

    Pascale Sourisse and Laurence Auer, French Ambassador in Greece, on the occasion of DEFEA and Thales’s 50th anniversary in Greece. ” id=”image-4840937d-79e6-483b-af1e-44c108955785″ data-id=”4840937d-79e6-483b-af1e-44c108955785″ data-original=”https://cdn.uc.assets.prezly.com/4840937d-79e6-483b-af1e-44c108955785/-/inline/no/RGB-140.jpg” data-mfp-src=”https://cdn.uc.assets.prezly.com/4840937d-79e6-483b-af1e-44c108955785/-/resize/1200x/-/format/auto/” alt=”Pascale Sourisse and Laurence Auer, French Ambassador in Greece, on the occasion of DEFEA and Thales’s 50th anniversary in Greece. “/>
    Pascale Sourisse and Laurence Auer, French Ambassador in Greece, on the occasion of DEFEA and Thales’s 50th anniversary in Greece.

    Since establishing its presence in Greece 50 years ago, Thales has been at the forefront of delivering innovative solutions tailored to the needs of the Greek market. From cutting-edge avionics and state-of-the-art defence systems to secure communications and air traffic management systems, Thales has been instrumental in supporting Greece’s infrastructure and capabilities.

    Thales is a long-time supplier of major systems to the Hellenic Armed Forces, and today services a significant installed base in the country. This includes avionics and mission systems for the Dassault Aviation Rafale and Mirage 2000/2000-5 combat aircraft, as well as large-scale air defence systems. Thales combat systems are deployed by the Hellenic Navy on board surface vessels, including the FDI Hellenic Ship (HS) naval program. Furthermore, Thales tactical radios, electronic warfare, optronic systems and surveillance radars are in service with the Army.

    In civil markets, Thales has supplied much of the country’s air traffic management systems. Thales Hellas has also developed a local cybersecurity capability thanks to European support programs and the Thales Group’s experience in the cyber domain. Locally, Thales Hellas operates a Cyber Lab, serving Greek authorities as well as local universities and competence centres.

    Core to Thales’s growth story in Greece is collaboration with local industry. Thales is developing partnerships with Greek defence and technology companies to leverage local expertise and enhance the capabilities of the Greek defence and aerospace eco-system. In April, Thales Hellas held its first Innovation & Partnership event welcoming more than 120 participants from 75 Greek companies. Additionally, Thales is contributing to the development of Greek industry through a network of local SMEs and participates in European Programs in cooperation with Greek Universities and Research Centres.

    “This 50 year anniversary milestone comes at a pivotal moment for the future of Europe and its strategic autonomy. Thales fully supports Greece’s vision to develop sovereign capabilities and increase its defence industry involvement, playing a strong role within European and NATO nations. We stand ready to further deepen our ties with Greek industry in developing our local capability in Greece – growing our defence services, air traffic management and cyber footprint. Through our continued investments in local teams, strong collaborations, and innovation in the country, we will continue to play our part developing a robust Greek industry.” , said Pascale Sourisse, President & CEO, Thales International.

    “Our journey has been defined by a steadfast dedication to helping Greece protect its critical infrastructure through advanced technology and continuous collaboration. We look forward to further strengthening our ties and continuing our legacy of innovation and excellence for many more years to come.”‘, declared Vincent Megaides, Country Director Thales Greece, Cyprus and Malta.

    About Thales

    Thales (Euronext Paris: HO) is a global leader in advanced technologies for the Defence, Aerospace, and Cyber & Digital sectors. Its portfolio of innovative products and services addresses several major challenges: sovereignty, security, sustainability and inclusion.

    The Group invests more than €4 billion per year in Research & Development in key areas, particularly for critical environments, such as Artificial Intelligence, cybersecurity, quantum and cloud technologies.

    Thales has more than 83,000 employees in 68 countries. In 2024, the Group generated sales of €20.6 billion.

    About Thales in Greece

    Thales has been active in Greece for 50 years, expanding its historical presence in Defence, to serve Air Traffic Control, Transport and Space markets.

    Thales is long-standing partner to the Hellenic Armed Forces, providing avionics and mission systems for the Mirage 2000 and Rafale aicraft, as well as large-scale air defence systems for the Air Force and the Navy. Thales tactical radios, optronic systems and surveillance radars are also in service with the Army.

    Thales has also implemented the ACCS system in Larissa for NATO with its local engineers. Thales has supplied much of the country’s air traffic control systems as transport solutions. In the Space domain, Thales also supplies the Hellasat 3 communications satellite, which entered into service in 2017.

    Thales is also a leader in civil identity and biometric solutions.

    Coopération locale

    Thales soutient un écosystème de partenaires industriels locaux dans des projets de développement en Grèce. Le Groupe est aussi membre actif de plusieurs organisations industrielles, dont SEV (Fédération hellénique d’entreprises), HASDIG (Hellenic Aerospace & Defence Industries Group) et EVIDITE (Association spatiale grecque).

    Thales Hellas est un fournisseur accrédité de systèmes de défense auprès du ministère grec de la Défense et a signé un protocole d’accord avec HAFA (Hellenic Airforce Academy).

    MIL OSI Economics –

  • MIL-OSI Economics: Governor Christian Kettel Thomsen’s speech at Point Zero Forum 2025

    Source: Danmarks Nationalbank

    Payments

    One of the central banks’ most important tasks is to contribute to secure payments. This work has received increased focus in recent years, partly due to threats to operational resilience from sabotage and cyberattacks. At the same time, it is important that central banks maintain focus on another important task: Promoting and supporting innovation and efficiency in payments. These were among the messages highlighted by Governor Christian Kettel Thomsen in a speech at the Point Zero Forum in Zurich on 7 May 2025.

    MIL OSI Economics –

  • MIL-OSI Economics: Media release: NT Budget reinforces critical role of gas in Territory’s economic growth – Australian Energy Producers

    Source: Australian Petroleum Production & Exploration Association

    Headline: Media release: NT Budget reinforces critical role of gas in Territory’s economic growth – Australian Energy Producers

    Today’s Northern Territory Budget confirms the critical role of natural gas in powering the Territory’s economy and delivering long-term energy security.

    Australian Energy Producers NT Director David Slama said it was pleasing to see the Budget’s focus on “unlocking gas to deliver energy security” by supporting projects that “will fuel growth, create jobs and provide competitively priced gas for the Territory’s electricity generation for years to come”.

    “The Budget confirms that natural gas is driving the Territory’s economy, which is forecast to grow by 7.8% in 2025-26 and 5.9% the following year as LNG exports from Santos’ Barossa project commence later this year,” Mr Slama said.

    “More than any other state or territory in Australia, the Northern Territory runs on natural gas. Natural gas generates more than 83 per cent of the Territory’s electricity and underpins billions of dollars in annual economic activity, while supporting thousands of local jobs.”

    The Budget also highlights the importance of progressing the enormous opportunity of developing the Beetaloo Basin and the Middle Arm Sustainable Development Precinct, while also emphasising the Barossa project’s economic significance to the Territory.

    “We commend the NT Government for supporting new gas supply and infrastructure, including the development of the Beetaloo Basin which is critical to the Northern Territory’s long-term energy security and economic growth.

    “The oil and gas industry also welcomes additional funding for the Territory Coordinator to streamline regulatory approvals for projects of economic significance, which will help fast-track new gas supply and investment for the Territory’s long-term energy security and economic prosperity,” Mr Slama said.

    Media contact: 0434 631 511

    MIL OSI Economics –

  • MIL-OSI Economics: Result of the Daily Variable Rate Repo (VRR) auction held on May 13, 2025

    Source: Reserve Bank of India

    Tenor 1-day
    Notified Amount (in ₹ crore) 25,000
    Total amount of bids received (in ₹ crore) 5,401
    Amount allotted (in ₹ crore) 5,401
    Cut off Rate (%) 6.01
    Weighted Average Rate (%) 6.01
    Partial Allotment Percentage of bids received at cut off rate (%) NA

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/308

    MIL OSI Economics –

  • MIL-OSI Economics: Secretary-General of ASEAN receives Traditional Māori Welcome at New Zealand’s Ministry of Foreign Affairs and Trade

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, was warmly received with a traditional Mihi Whakatau (welcome ceremony) at the Ministry of Foreign Affairs and Trade in Wellington, reflecting the hospitality of Aotearoa New Zealand and the strong appreciation for cultural traditions that underpin ASEAN-New Zealand relations.

    The post Secretary-General of ASEAN receives Traditional Māori Welcome at New Zealand’s Ministry of Foreign Affairs and Trade appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: Secretary-General of ASEAN meets with New Zealand’s SOM Leader for ASEAN

    Source: ASEAN

    Today, in Wellington, New Zealand, Secretary-General of ASEAN, Dr. Kao Kim Hourn, met with Deputy Secretary, Americas and Asia Group and ASEAN SOM Leader of New Zealand, H.E. Grahame Morton, and other senior officials from the Ministry of Foreign Affairs and Trade of New Zealand. Both sides discussed progress of ASEAN–New Zealand cooperation, noting the recent convening of the 32nd ASEAN-New Zealand Dialogue and the ongoing preparations for the Commemorative Summit on the 50th anniversary of ASEAN-New Zealand Dialogue Relations in October 2025, in Malaysia.

    The post Secretary-General of ASEAN meets with New Zealand’s SOM Leader for ASEAN appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: Secretary-General of ASEAN joins Deputy Prime Minister and Minister of Foreign Affairs of New Zealand for lunch meeting

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, had a lunch meeting with Deputy Prime Minister and Minister of Foreign Affairs of New Zealand, the Rt. Hon. Winston Peters, in Wellington today. Both sides discussed ASEAN-New Zealand relations, and explored ways to further substantiate the longstanding partnership, especially leading up to the ASEAN-New Zealand Commemorative Summit to mark the 50th anniversary of their Dialogue Relations in October 2025.

     
    The post Secretary-General of ASEAN joins Deputy Prime Minister and Minister of Foreign Affairs of New Zealand for lunch meeting appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: Media release: Australian oil and gas sector congratulates Opposition Leader Sussan Ley – Australian Energy Producers

    Source: Australian Petroleum Production & Exploration Association

    Headline: Media release: Australian oil and gas sector congratulates Opposition Leader Sussan Ley – Australian Energy Producers

    Australia’s oil and gas industry congratulates Sussan Ley on her appointment as Leader of the Opposition and Ted O’Brien on his appointment as Deputy Leader.

    Australian Energy Producers Chief Executive Samantha McCulloch said the industry looked forward to working with the Coalition on policies that deliver more gas supply and investment to ensure Australian households and businesses have reliable and affordable energy.

    “Sussan Ley brings significant experience and leadership to this role and understands the critical role of natural gas in Australia’s economic and energy security,” Ms McCulloch said.

    “Similarly, as Shadow Minister for Energy and Climate Change, Ted O’Brien championed the role of gas in Australia’s long-term energy mix and advocated for the inclusion of gas in the Capacity Investment Scheme.”

    Ms McCulloch said industry welcomed the Coalition’s pre-election commitment to bring on more gas supply by streamlining environmental approvals, protecting critical energy projects from lawfare, including gas in the Capacity Investment Scheme, and supporting investment in gas infrastructure.

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

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

    “Australia has abundant gas resources, yet we face gas shortfalls this decade due to regulatory uncertainty, approval delays and policy interventions that have delayed new gas supply and damaged Australia’s investment competitiveness.

    “Addressing these risks must be a priority for the new Parliament,” Ms McCulloch said.

    Media contact: 0434 631 511

    MIL OSI Economics –

  • MIL-OSI Economics: Money Market Operations as on May 09, 2025

    Source: Reserve Bank of India
    (Amount in ₹ crore, Rate in Per cent)
      Volume
    (One Leg)    		 Weighted
    Average Rate    		 Range
    A. Overnight Segment (I+II+III+IV) 6,06,871.68 5.70 0.01-6.85
         I. Call Money 14,822.00 5.84 4.90-6.00
         II. Triparty Repo 3,92,344.05 5.79 5.70-6.00
         III. Market Repo 1,97,907.63 5.51 0.01-6.15
         IV. Repo in Corporate Bond 1,798.00 5.96 5.90-6.85
    B. Term Segment      
         I. Notice Money** 65.10 5.86 5.35-5.90
         II. Term Money@@ 1,045.00 – 5.70-6.18
         III. Triparty Repo 7,724.00 5.92 5.85-6.00
         IV. Market Repo 0.00 – –
         V. Repo in Corporate Bond 0.00 – –
      Auction Date Tenor (Days) Maturity Date Amount Current Rate /
    Cut off Rate
    C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
    I. Today’s Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo Fri, 09/05/2025 4 Tue, 13/05/2025 7,417.00 6.01
         (b) Reverse Repo          
      (III) Long Term Operations^          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF# Fri, 09/05/2025 1 Sat, 10/05/2025 552.00 6.25
      Fri, 09/05/2025 2 Sun, 11/05/2025 0.00 6.25
      Fri, 09/05/2025 3 Mon, 12/05/2025 0.00 6.25
      Fri, 09/05/2025 4 Tue, 13/05/2025 0.00 6.25
    4. SDFΔ# Fri, 09/05/2025 1 Sat, 10/05/2025 2,04,212.00 5.75
      Fri, 09/05/2025 2 Sun, 11/05/2025 53.00 5.75
      Fri, 09/05/2025 3 Mon, 12/05/2025 3,414.00 5.75
      Fri, 09/05/2025 4 Tue, 13/05/2025 5,621.00 5.75
    5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -2,05,331.00  
    II. Outstanding Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo Fri, 02/05/2025 14 Fri, 16/05/2025 149.00 6.01
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
      (III) Long Term Operations^          
         (a) Repo Thu, 17/04/2025 43 Fri, 30/05/2025 25,731.00 6.01
         (b) Reverse Repo          
    3. MSF#          
    4. SDFΔ#          
    D. Standing Liquidity Facility (SLF) Availed from RBI$       8,709.21  
    E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     34,589.21  
    F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -1,70,741.79  
    G. Cash Reserves Position of Scheduled Commercial Banks
         (i) Cash balances with RBI as on May 09, 2025 9,32,300.52  
         (ii) Average daily cash reserve requirement for the fortnight ending May 16, 2025 9,41,653.00  
    H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ May 09, 2025 7,417.00  
    I. Net durable liquidity [surplus (+)/deficit (-)] as on April 18, 2025 2,02,749.00  
    @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).
    – Not Applicable / No Transaction.
    ** Relates to uncollateralized transactions of 2 to 14 days tenor.
    @@ Relates to uncollateralized transactions of 15 days to one year tenor.
    $ Includes refinance facilities extended by RBI.
    & As per the Press Release No. 2019-2020/1900 dated February 06, 2020.
    Δ As per the Press Release No. 2022-2023/41 dated April 08, 2022.
    * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.
    ¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
    # As per the Press Release No. 2023-2024/1548 dated December 27, 2023.
    ^ As per the Press Release No. 2025-2026/91 dated April 11, 2025.
    Ajit Prasad          
    Deputy General Manager
    (Communications)    
    Press Release: 2025-2026/307

    MIL OSI Economics –

  • MIL-OSI Economics: Secretary-General of ASEAN meets with Minister of Education of New Zealand

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, started his first engagement in Wellington, New Zealand, by meeting with The Honourable Erica Stanford, Minister of Education of New Zealand, on 13 May 2025, to explore ways to further deepen ASEAN-New Zealand educational ties. Their discussion focused on expanding student mobility including scholarship, enhancing teacher exchanges, and fostering partnerships to enhance capacity building and encourage inclusive and equitable quality education.

    The post Secretary-General of ASEAN meets with Minister of Education of New Zealand appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: Meet the Samsung Galaxy S25 Edge: An Engineering Marvel of New Slim Hardware Innovation

    Source: Samsung

    Samsung Electronics Co., Ltd. today has revealed the full specifications of the Galaxy S25 Edge, a category-defining slim smartphone joining the Galaxy S series. Crafted with style and strength in mind, Galaxy S25 Edge strikes a new balance of premium, pro-level performance in a resilient titanium frame only 5.8mm thick.1 S25 Edge delivers on the S series legacy, integrating an iconic Galaxy AI-enabled2 camera and unleashing a new realm of creativity in an effortlessly portable device.
    “Galaxy S25 Edge is more than a slim smartphone. The superior engineering that brought this revolutionary smartphone to life illustrates a commitment to overcoming barriers that helps Galaxy deliver truly unexpected premium experiences for people around the world,” said TM Roh, President and Acting Head of the Device eXperience (DX) Division at Samsung Electronics. “S25 Edge not only marks a breakthrough for its category, but it also accelerates important innovation across the mobile industry.”
    Exceptionally Sleek and Strong Design
    With a thin 5.8mm chassis and weighing in at just 163 grams, Galaxy S25 Edge is a remarkable feat of engineering that reimagines nearly every element of smartphone design for an even more compact and convenient experience. This refined design bridges form and function, taking slim smartphones to the next level while staying true to the Galaxy S series’ unified design.
    Alongside its streamlined silhouette is an exceptionally resilient device. The optimally curved edges of the sturdy titanium frame offer enduring protection for everyday use.  The latest Corning® Gorilla® Glass Ceramic 2, a new glass ceramic offering that delivers engineered resilience, is used for the front display to yield both vibrancy and strength on Galaxy S25 Edge.
    Dynamic Creativity with a Pocketable 200MP Camera
    The slim and light design of Galaxy S25 Edge makes it easier than ever for users to capture memorable moments and express their creativity anytime, anywhere. The 200MP wide lens upholds the Galaxy S series’ iconic camera experience including Nightography. Thanks to its ultra-high resolution, users get sharp photos while maintaining clear shots with the large pixel size — capturing images with over 40% improved brightness3 in low-light environments. The 12MP ultra-wide sensor features autofocus, powering crisp, detailed macro photography for even more creative flexibility.
    Galaxy S25 Edge benefits from the same ProVisual Engine that was optimized for Galaxy S25 with pro-grade enhancements, like ensuring sharp details for clothes or plants, and natural, true-to-life skin tone in portraits.4 Galaxy AI-powered editing features,5 including fan-favorites like Audio Eraser6 and Drawing Assist7 are all brought over from the Galaxy S25 series, pairing advanced creative and editing tools with a never-before-seen slim form factor.
    Peak Performance Expertly Configured in Ultra-Slim Housing
    Galaxy S25 Edge is built to deliver premium performance, starting with the Snapdragon 8 ® Elite Mobile Platform for Galaxy, the same processor available in all Galaxy S25 series devices globally. Customized by Qualcomm Technologies, Inc., the chipset powers Galaxy S25 Edge’s on-device AI processing capabilities and offers reliably fast performance all day.8 Galaxy S25 Edge also features a reconfigured vapor chamber that is now thinner, yet broader for steady heat dissipation.
    Matching the Galaxy S series’ renowned performance standards, Galaxy S25 Edge features advanced, efficient AI image processing with ProScaler,9 which delivers a 40% improvement10 in display image scaling quality, while incorporating Samsung’s customized mobile Digital Natural Image engine (mDNIe) — improving power consumption, so you can enjoy peak performance for longer.
    A Trusted Companion with Galaxy AI
    Integrating Galaxy AI at nearly every touchpoint, Galaxy S25 Edge offers our most natural and context-aware mobile AI experiences. Users get personalized, multimodal AI capabilities with peace of mind that their data is secured.
    Mirroring the broader Galaxy S25 series, Galaxy S25 Edge integrates AI agents that work seamlessly across multiple apps, serving as a true AI companion to get things done more easily. Galaxy AI also gets better at integrating with daily routines. Now Brief11 and Now Bar12 include third-party app integrations for greater convenience and helpful reminders during everyday commuting, dining, and more.
    Thanks to Galaxy’s deep integration with Google, Galaxy S25 Edge brings Gemini’s13 latest advancements to more users. For example, with Gemini Live’s14 new camera and screen sharing abilities, users can show Gemini Live what they see on their screen or in the world around them while simultaneously interacting with it in a live conversation.
    Experiences powered by Galaxy AI on Galaxy S25 Edge aren’t just convenient — they’re designed with privacy at the core. On-device AI processing ensures data is kept secure by Samsung Knox Vault,15 continuing Samsung’s unwavering commitment to ensure hyper-personalized mobile experiences while prioritizing privacy.
    Rooted in craftsmanship and driven by performance, Galaxy S25 Edge delivers pro-level photography, personalized AI experiences, and more. It goes beyond a slim form factor to challenge expectations for what a smartphone can be.
    Your Digital Essentials Always by Your Side
    Galaxy S25 Edge opens access to Samsung’s wide range of features and services to help you live your best life
    Samsung Health offers extensive fitness and health tracking, sleep coaching, personalized guides, and wellness tools to help you reach your goals without a subscription fee.
    Samsung Wallet is a convenient way to keep and use many of your most essential digital items securely on your phone including payment cards, digital keys, boarding passes, mobile driver’s license, student ID, and more.
    Galaxy S25 Edge will enable users to take advantage of Samsung Wallet’s soon-to-be-released Tap to Transfer feature. This enables quick6 and convenient peer-to-peer (P2P) payments by using the debit card stored in Samsung Wallet to send money directly to friends and family members’ bank account. No additional apps needed, and transfers are seamless between digital wallets — all it takes is a tap to transfer.17
    Availability
    Galaxy S25 Edge is available for pre-order starting today, May 12, at Amazon, Best Buy, and Samsung.com, and from carriers nationwide, with general availability starting on May 30, 2025.
    Galaxy S25 Edge starts at $1,099.99 for the 256GB storage option and $1,219.99 for 512GB. It comes in stylish Titanium Silver, Titanium Jetblack, and Titanium Icyblue colors options.
    Preorder now through May 30 on Samsung.com or the Shop Samsung app to receive up to $800 in total savings. Claim a $50 credit just by pre-ordering,18 plus if you select the 256GB storage model, you will receive the 512GB model at no additional charge19 — that’s a value of $120. For extra savings, trade-in an eligible device and receive up to $630 in credit towards your purchase of Galaxy S25 Edge.20
    For more information about Galaxy S25 Edge and the Galaxy S25 series, please visit: Samsung Newsroom, SamsungMobilePress.com or Samsung.com.

    Galaxy S25 Edge
    Display6.7-inch* QHD+  
    Dynamic AMOLED 2X Display   
    Super Smooth 120Hz refresh rate (1~120Hz)    
    Vision booster  
    Adaptive color tone  
    *Measured diagonally, Galaxy S25 Edge’s screen size is 6.7-inch in the full rectangle and 6.5-inch with accounting for the rounded corners; actual viewable area is less due to the rounded corners and camera hole.
    Dimensions & Weight75.6 X 158.2 X 5.8mm, 163g
    Camera12MP Ultra-Wide Camera    
    • F2.2    
        
    200 MP Wide Camera    
    • OIS F1.7, 2x optical quality zoom, up to 10x AI zoom
           
    12MP Front Camera    
    • F2.2
    Memory & Storage12 + 512GB   
    12 + 256GB   
    *Available storage capacity is subject to preloaded software.
    Battery3,900 mAh
    *Typical value tested under third-party laboratory condition. Typical value is the estimated average value considering the deviation in battery capacity among the battery samples tested under IEC 61960 standard. Rated (minimum) capacity is 3786mAh. Actual battery life may vary depending on network environment, usage patterns and other factors.   
    Charging*  Wired charging*: Up to 55% charge in around 30 mins with 25W Adapter**   
    Fast Wireless Charging ***   
    Wireless PowerShare****   
    *Wired charging compatible with QC2.0 and AFCPD.
    **25W Power Adapter sold separately. Use only Samsung-approved chargers and cables.
    ***Wireless charging compatible with WPC.
    ****Limited to Samsung or other brand smartphones with Qi wireless charging, such as Galaxy S24 Ultra, S24+, S24, S23 Ultra, S23+, S23, Z Fold4, Z Flip4, S22 series, Z Fold3 5G, Z Flip3 5G, S21 FE 5G, S21 series, Z Fold2, Note20 series, S20 series, Z Flip, Note10, Note10+, S10e, S10, S10+, Fold, S9, S9+, S8, S8+, S8 Active, S7, S7 edge, S7 Active, S6, S6 edge, S6 Active, S6 edge+, Note9, Note8, Note FE and Note5. Only available with certain Samsung Galaxy wearables such as Galaxy Buds FE, Buds2 Pro, Buds2, Buds Pro, Buds Live, Watch6, Watch6 Classic, Watch5, Watch 5 Pro, Watch4, Watch4 Classic, Watch3, Watch Active2, Watch Active, Gear Sport, Gear S3, Galaxy Watch and Galaxy Buds. If battery power is lower than 30% Wireless PowerShare may not function. May not work with certain accessories, covers, other brand devices or some Samsung wearables. During PowerShare, it may affect call reception or data services, depending on your network environment.   
    OSAndroid 15
    One UI 7
    Network and Connectivity5G*, LTE**, Wi-Fi 7***, Wi-Fi Direct Bluetooth® v 5.4
    *Requires optimal 5G network connection. Check with your carrier for availability and details. Download and streaming speeds may vary based on content provider, server connection and other factors.   
    **Availability of LTE model varies by carrier. Actual speed may vary depending on carrier, and user environment.   
    ***Wi-Fi 7 network availability may vary by network provider and user environment. Requires optimal connection. Will require a Wi-Fi 7 router.
    Water ResistanceIP68
    *IP68 Rating: Water and dust resistant based on lab test conditions for submersion in up to 1.5 meters of freshwater for up to 30 minutes. Rinse residue/dry after wet. Not advised for beach or pool use. Water and dust resistance of your device is not permanent and may diminish over time. Water and dust resistance of the S Pen may also diminish over time because of normal wear and tear.
    1 Excluding camera lenses.
    2 Galaxy AI features by Samsung are free through 2025 and require Samsung account login.
    3 Compared to Galaxy S25 and Galaxy S25+.
    4 Results may vary depending on light condition and/or shooting condition including multiple subjects, being out of subject, or moving subjects.
    5 Galaxy AI features by Samsung are free through 2025 and require Samsung account login.
    6 Compatible with common video formats accessible in Gallery; helps minimize six sounds (Voice/speech, Music, Noise, Crowd, Nature, Wind) utilizes AI; results may vary.
    7 Drawing assist feature requires a network connection and Samsung Account login. A visible watermark is overlaid on the image output upon saving in order to indicate that the image is generated by AI. The accuracy and reliability of the generated output is not guaranteed.
    8 Based on average battery life under typical usage conditions. Average expected performance based on typical use. Actual battery life depends on factors such as network, features selected, frequency of calls, and voice, data, and other application usage patterns. Results may vary.
    9 Available on Galaxy S25 Edge, Galaxy S25 Ultra, and Galaxy S25+ only; requires screen resolution setting to QHD+.
    10 13 Compared to Qualcomm Snapdragon® 8 Gen 3 on Galaxy S24 series based on PSNR (Peak Signal-to-Noise Ratio) test.
    11 Displays daily select information from select apps (some apps may require internet connection and/or consent to access data). Personal data intelligence must be enabled.
    12 Requires WIFI connection and Samsung and Google accounts.
    13 Product functionality may be dependent on your app and device settings. Requires internet connection. Results may vary depending on visual matches. Gemini is a trademark of Google LLC.
    14 Results for illustrative purposes and may vary. Check responses for accuracy. Compatible with certain features and with certain accounts. Internet connection required. Available on select devices, languages, and countries. Only available to users 18 years and older.
    15 Galaxy AI Personal Data Engine secures select data from select apps on device in Knox Vault. Galaxy AI features by Samsung are free through 2025 and require Samsung account login.
    16 Actual funds availability varies depending on receiving financial institutions. Service provided by Green Dot® ©2025 Green Dot Corporation.  All rights reserved. Green Dot Corporation NMLS #914924; Green Dot Bank NMLS #908739.
    17 Requires a contactless enabled Visa or Mastercard debit card from a participating U.S. bank. Fees and limits apply. Your financial institution or mobile carrier may charge you. See Samsung.com for details.
    18 5/12/25 – 5/30/25, pre-order the latest Galaxy S25 Edge device on Samsung.com or in the Shop Samsung App and receive a $50 Samsung Credit (“Reservation Gift”) when you pre-order and purchase the device. Pre-order and purchase required. The Reservation Gift cannot be applied to the pre-ordered device(s) and must be used at the time of pre-order purchase towards purchasing additional eligible products on Samsung.com, or in the Shop Samsung App. Reservation Gift will be applied automatically when you use the same email address during Reserve and Pre-order Periods. Reservation Gift is a one-time use e-certificate; when first used, any value not used is lost and must be used at the time of purchase. The Gift is non-transferable and limited to 1 per Qualifying Purchase. If you return or cancel your purchase, the discount will be forfeit.
    19 5/12/25 – 5/30/25, while supplies last, purchase a Galaxy S25 Edge 512GB (“Qualifying Purchase”) for the price of the next lowest storage level (“Gift”) at samsung.com or the Shop Samsung app. Portion of storage/memory occupied by existing content. The discount will be automatically applied at checkout. The Gift is non transferrable and limited to 1 per Qualifying Purchase. If you return or cancel your purchase the discount will be lost.
    20 For a limited time only, on Samsung.com/Shop Samsung App, or purchase a new qualifying Galaxy device (“Qualifying Purchase”), send in your qualifying trade-in device to Samsung through the Samsung Trade-In Program, and if Samsung determines your trade-in device meets all eligibility requirements, you will receive a trade-in credit specific to your qualifying trade-in device to apply toward your Qualifying Purchase. Device models that currently qualify for trade-in and trade-in credit amounts associated with those models are available on Samsung.com and the Shop Samsung App; eligible models and amounts may change at Samsung’s sole discretion. To be eligible for trade-in, your qualifying device must meet all Trade-In Program eligibility requirements, which include, but are not limited to, that the device powers on, holds a charge, and does not power off unexpectedly; has a functioning display; has no breaks or cracks in the screen (unless a cracked screen offer applies); has no breaks or cracks in the case; has no liquid damage (whether visible or not); has no other defects that go beyond normal wear and tear; is not on a black list; has a verified FCC ID; has been reset to factory settings; has all personal information removed; has all software locks disabled; and is owned by you (leased devices are not eligible). Anticipated trade-in value will be applied as a credit at time of purchase, but, if you do not send in your trade-in device within 15 days of receipt of your Qualifying Purchase, you will be charged back for the trade-in credit applied to your purchase, or if you send in your trade-in device within 15 days of receipt of your Qualifying Purchase but Samsung determines your device does not meet all eligibility requirements, you will be charged back for the trade-in credit applied to your purchase minus $25. Participation in this program does not excuse you from contracts with your carrier or retailer (or any related payments or fees) for the device that was traded in. Limit 1 trade-in per Qualifying Purchase. Samsung reserves the right to modify or discontinue this offer at any time. The Trade-In Program cannot be combined with any other Samsung, carrier or retailer promotions, discounts, or offers unless specifically provided for in the terms and conditions of such offers. Additional terms, including terms that govern the resolution of disputes, apply.
    * All functionality, features, specifications and other product information provided in this document including, but not limited to, the benefits, design, pricing, components, performance, availability, and capabilities of the product are subject to change without notice.

    MIL OSI Economics –

  • MIL-OSI Economics: Media release: Australian oil and gas sector welcomes new Albanese Ministry – Australian Energy Producers

    Source: Australian Petroleum Production & Exploration Association

    Headline: Media release: Australian oil and gas sector welcomes new Albanese Ministry – Australian Energy Producers

    Australia’s oil and gas industry looks forward to working with Prime Minister Anthony Albanese’s new Ministry to progress necessary reforms for Australia’s long-term energy security and economic growth.

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

    “Minister King understands the critical and long-term role of natural gas in our energy mix and the importance of a strong and sustainable gas industry for Australia. We welcome the opportunity to continue to work with Minister King on the implementation of the Future Gas Strategy” Ms McCulloch said.

    “An urgent priority must be removing barriers to new gas supply. The industry is committed to working with the Government to provide certainty for investment and ensure reliable and affordable energy for Australian households and industry.”

    Ms McCulloch also welcomed the appointments of Minister for Environment and Water Murray Watt and Minister for Industry and Innovation Tim Ayres.

    “Minister Watt has an important job ahead to fix Australia’s environmental approvals system, with the delayed decision on the North West Shelf extension an immediate focus,” Ms McCulloch said.

    Ms McCulloch also welcomed the reappointment of Minister for Climate Change and Energy Chris Bowen, ahead of the upcoming review of the Gas Market Code.

    “The review is an opportunity for Government to work with gas producers, users and other stakeholders on reforms to the Code that restore market signals, remove duplicative and onerous reporting requirements, and address barriers to new gas supply,” Ms McCulloch said.

    Australian Energy Producers also acknowledged outgoing ministers Tanya Plibersek for her contribution in the environment portfolio, and Ed Husic in the industry portfolio.

    Media contact: 0434 631 511

    MIL OSI Economics –

  • MIL-OSI Economics: ACP Statement on Reconciliation Bill Text

    Source: American Clean Power Association (ACP)

    Headline: ACP Statement on Reconciliation Bill Text

    WASHINGTON D.C., May 12, 2025 — The American Clean Power Association (ACP) issued the following statement from ACP CEO Jason Grumet after the House Ways and Means Committee released the text of the Reconciliation bill being considered by the House of Representatives:
    “The Ways and Means bill is at odds with American energy dominance. If adopted, the proposed language will raise energy costs for American consumers, force American factories to shut their doors, and threaten American jobs. While our industry is ready to engage constructively and find a workable path forward, the Committee’s approach simply goes too far too fast.
    “With energy demand surging, this is not the time for disruption. It is possible to phase out incentives for clean energy investment, production, and manufacturing without harming American consumers or businesses — and we stand ready to help. As the legislation moves through the process, we will work with lawmakers to ensure that the final product achieves necessary cost savings while maintaining investment certainty, energy reliability, economic growth, and global competitiveness.”

    MIL OSI Economics –

  • MIL-OSI Economics: African Development Bank Executive Director Calls for “New Development Compact” at Africa-Caribbean Infrastructure Forum

    Source: African Development Bank Group
    African Development Bank Group Executive Director Rufus N. Darkortey delivered a compelling call to action for countries across Africa and the Caribbean to “reimagine economic growth” through bold and innovative homegrown solutions during a keynote address at the Africa-Caribbean Infrastructure…

    MIL OSI Economics –

  • MIL-OSI Economics: African Development Bank and Islamic Development Bank Forge Strategic Partnership to Address Fragility and Build Resilience in Africa

    Source: African Development Bank Group
    The African Development Bank and the Islamic Development Bank (IsDB) have reinforced their strategic partnership to enhance collective efforts in addressing fragility and building resilience across Africa. This commitment follows a high-level technical exchange held from 22-23 April at the Bank headquarters in Abidjan.

    MIL OSI Economics –

  • MIL-OSI Economics: Statement by DG Okonjo-Iweala

    Source: World Trade Organization

    “I am pleased with the positive outcome of the talks between the United States and China in Geneva. These discussions mark a significant step forward and, we hope, bode well for the future. Amid current global tensions, this progress is important not only for the US and China but also for the rest of the world, including the most vulnerable economies.

    “I urge both nations to build on this momentum by continuing to develop practical solutions that mitigate tensions, restore predictability, and strengthen confidence in the multilateral trading system.

    “During my conversations with Vice Premier He, we also addressed the need for WTO reform. I welcome China’s support for these reforms and the repositioning of the organization to better serve today’s global trade environment.”

    Share

    MIL OSI Economics –

  • MIL-OSI Economics: Commemoration of the Customs Valuation Agreement at 30 WTO Committee on Customs Valuation

    Source: World Trade Organization

    Distinguished delegates, ladies and gentlemen,

    It is a pleasure to address you today to celebrate the 30th anniversary of the Customs Valuation Agreement, as well as the Committee on Customs Valuation overseeing the Agreement’s implementation.

    While 2025 marks the 30th anniversary of the Agreement, its origins trace back to the GATT era, when it was called the Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994.

    Its long history demonstrates the importance of customs valuation, and its particular relevance in today’s environment when there is so much focus on tariffs. Customs valuation is a threshold question that importers must address because it can dramatically change the effect of tariffs. How customs value goods can be just as important as the tariff rate applicable to that good because the customs value and the tariff rate together determine the amount of duty the importer must pay. A low tariff with high customs valuation can hurt as much as a high tariff.

    This interrelationship shows that the WTO rules are more than about tariff levels – our rules benefit all Members by establishing how value is measured for purposes of applying tariffs. Inconsistent valuation methods created uncertainty and unpredictability for traders. Without these rules, Members cannot predict how much they would collect in tariffs and how much their exporters would pay abroad.

    Just consider what happened before the Agreement was negotiated. Article VII of the GATT, which first regulated customs valuation in 1947, set out broad principles for national customs valuation systems but allowed countries considerable flexibility to implement their own national systems. In practice, this flexibility led to wide variation and a lack of transparency across customs administrations.

    By the time of the Tokyo Round, these challenges had become so significant that customs valuation practices were increasingly considered to be non-tariff barriers to trade, prompting the international community to seek stronger, more harmonized rules.

    The Tokyo Round resulted in the conclusion in 1979 of the GATT Valuation Code, which provided for the first time a detailed regulation of customs valuation aimed at establishing a fair, uniform, and neutral system that reflected commercial realities and prohibited the use of arbitrary or fictitious customs values.

    The WTO Customs Valuation Agreement we are commemorating today is in essence that Valuation Code with two key advancements:

    • First, it strengthened the plurilateral GATT Valuation Code into a multilateral agreement, and therefore all WTO Members are obliged to comply; and
    • Second, it ensures that the market access opportunities achieved through rounds of tariff reductions are not eroded as a result of arbitrary, fictitious or non-transparent valuation methodologies. 

    In so doing, the Customs Valuation Agreement was a forward-looking agreement for its time. Let me highlight two aspects that illustrate its progressive nature.  

    • First, the Agreement recognizes the importance of a constructive relationship between customs authorities and the private sector. It is premised on an idea that an informed and committed private sector is more likely to comply voluntarily. This partnership-based approach was a significant shift at the time, particularly given the importance for governments to maintain control over revenue fraud.
    • Second, the Agreement introduced market-oriented and trade facilitating practices to customs valuation. For example, it established the transaction value – i.e., the price actually paid or payable – as the basis for customs valuation. This approach reflected market conditions more accurately than other valuation methods by ensuring that the customs value of goods is based on the true value of goods negotiated between buyer and seller.

    The Customs Valuation Agreement serves also as a trade facilitating tool. Given the inherent complexity of customs valuation, by providing a uniform set of rules for valuing goods, it leads to greater predictability and consistency in the treatment of goods at the border. This standardization helps minimize costs and delays for developed and developing Members alike by enabling traders to understand, in advance, how their goods will be valued.  

    Nevertheless, the implementation of the Customs Valuation Agreement is not without challenges. For some Members, customs duties remain a significant source of government revenue; others operate under trade policy frameworks that include high tariffs or face the realities of large informal trading sectors. In some cases, customs administrations also contend with limited resources, which can impede full and effective implementation of the Agreement.

    The Committee has shown its commitment to supporting implementation efforts by Members. This activity includes targeted initiatives, such as the 2002 seminar on mobilizing technical assistance and, more recently, the 2019 workshop organized in collaboration with the Trade Facilitation Agreement Facility to address implementation challenges and explore how the TFA can reinforce CVA implementation.

    Just last year, the Committee brought renewed attention to one of the fundamental aspects of the Customs Valuation Agreement and the WTO more broadly – transparency.  Your efforts to strengthen the notification process have yielded tangible results, leading to the strongest year in recent memory for notification submissions. This is a commendable achievement. Transparency through timely notifications is essential – not only for the effective operation of the CVA, but also for the credibility and functioning of the WTO as a whole. I encourage you to continue this important work. Thirty years on, notification remains a cornerstone of successful implementation.

    Your Committee stands as a reminder that WTO Agreements cannot operate in a silo nor in a vacuum. Let me give you an example. As you know, this Committee also oversees the Preshipment Inspection Agreement. Historically, the CVA was strongly linked to the Preshipment Inspection Agreement because some governments relied on preshipment inspection entities to carry out customs valuation-related activities.  However, since the entry into force of the Trade Facilitation Agreement in 2017, which prohibits the use of preshipment inspections for customs valuation, this linkage has naturally diminished. At the same time, a growing alignment between the Customs Valuation Agreement and the Trade Facilitation Agreement has emerged. These two Agreements now reinforce each other in promoting transparency, efficiency, and predictability at the border.

    Over the past 30 years, the Customs Valuation Agreement has proven to be flexible and successful at adapting to a changing environment by requiring that customs value be based on simple and equitable criteria consistent with commercial practices. But today, we are entering a new phase – one marked by rapid, transformative change. Digitalization, artificial intelligence, and evolving trade dynamics will challenge us to interpret and apply the CVA in new and complex ways.  

    It is up to you as Members of the Committee on Customs Valuation to collectively ensure uniformity in interpretation and application of the Agreement in this volatile trading environment and constantly evolving business models. In this effort, our continued partnership with the World Customs Organization Technical Committee on Customs Valuation will continue to be indispensable. I am pleased that we are joined today by the Chairperson of this Committee, whose presence reflects the strength of that collaboration.

    As we mark 30 years of this Agreement, I wish to thank all our delegates, as well as the Secretariat team, for the dedication and professionalism that has sustained its implementation. I am confident that, through your continued engagement, this Committee will remain a cornerstone of the multilateral trading system – resilient, effective, and ready to address the challenges we are facing.

    Thank you.

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    MIL OSI Economics –

  • MIL-OSI Economics: Members note benefits, challenges for Customs Valuation Agreement at anniversary event

    Source: World Trade Organization

    “In today’s complex and tariff-sensitive trading environment, the Customs Valuation Agreement is more critical than ever,” she said. “The way a product is valued at the border can be just as important as the tariff rate itself. Even a low tariff can result in significant duties if the customs value is high. That is why the CVA – by providing transparent and uniform rules – plays a foundational role in ensuring predictability for traders and stability for all members,” she said. “This standardization helps minimize costs and delays for developed and developing members alike by enabling traders to understand, in advance, how their goods will be valued,” she emphasized.

    DDG Ellard underscored the Agreement’s forward-looking design, noting its introduction of market-based valuation principles and its emphasis on collaboration between customs authorities and the private sector. These features have become increasingly relevant in light of current challenges, such as digital trade, artificial intelligence and rapidly evolving global supply chains.

    Looking forward, DDG Ellard acknowledged the new phase of challenges posed by rapid technological advancements. Digitalization, artificial intelligence and evolving trade dynamics require innovative interpretations and applications of the CVA. Customs administrations must adapt to these changes to ensure uniformity in the Agreement’s implementation amidst a volatile trading environment.

    DDG Ellard called on the Committee to continue working with the World Customs Organization (WCO) Technical Committee on Customs Valuation, a partnership she said is indispensable for addressing the complexities introduced by digital trade and ensuring the CVA remains resilient and effective. DDG Ellard’s full remarks are available here.

    The Committee also heard from a number of Customs experts. Santa Marianela Marte De Los Santos of the Dominican Republic noted that implementation of the CVA in her country has led to reduced time and costs for goods to clear customs.

    Omar Cisse, an official from Senegal, underlined the importance of the Committee’s work on transparency while Lin Qianyu, Chairperson of the WCO Technical Committee on Customs Valuation, provided an overview of the  Technical Committee’s work over the past 30 years and its close cooperation with theCVA. Kelly Morgero of the Federal Revenue Office of Brazil shared with members Brazil’s most recent customs valuation-related developments. 

    “I believe that our exchanges have provided us with a very valuable opportunity to highlight, and hopefully, learn from the various experiences of 30 years of implementing the Customs Valuation Agreement,” the Chair of the Committee, Sergio Prieto López (Spain), said in wrapping up the anniversary event.

    Committee regular work

    At the Committee meeting, the Chair updated members on the current notification status regarding customs valuation legislation. Under Article 22 of the Customs Valuation Agreement and the Decision on “Notification and circulation of national legislation in accordance with Article 22 of the Agreement”, members must submit the complete texts of their national legislation on customs valuation in one of the three official WTO languages. They should also inform the Committee of any changes in their laws and regulations relevant to this Agreement and in the administration of such laws and regulations.

    Following the consideration of 34 specific notifications at the Committee meeting, the Chair noted that to date 119 members have notified their national legislation on customs valuation and 92 members have provided responses to a checklist of issues.

    The Chair welcomed eight new notifications that resulted directly from the Customs Valuation Workshop on notifications organized by the Secretariat in May 2024 to assist developing and least-developed members with notifications.

    The Chair also brought to the Committee’s attention a new WTO Secretariat report, “Notifications Status of Regular/Periodic and One Time Only Notifications in the Goods Area (1995-2024) (G/C/W/859)”. 

    The results from the report indicate that there is room for improvement with regard to the rate of customs valuation notifications, the Chair said. The rate of notifications under CVA Article 22. 1 – which are notifications of any changes in a member’s laws and regulations relevant to the Agreement – stood at 85.4% for 1995-2024. However, the report also shows that three CVA notification categories are among the five notification requirements with the lowest submission rates for one-time only notifications.  These three categories are the Carrier Media Decision of the Committee on Customs Valuation with a rate of 47.4%, the Decision on Interest Charges of the Committee on Customs Valuation with a rate of 49.6% and the “Checklist of Issues” with a rate of 65.7%.

    “This new report could provide an opportunity for the Committee to address the issue of outstanding notifications and to try to identify a means by which members can be assisted in fulfilling their notification requirements in a timely manner,” the Chair said.

    Next meeting

    The next meeting of the Committee is scheduled for 10 November 2025.

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    MIL OSI Economics –

  • MIL-OSI Economics: Governors and Heads of Supervision reaffirm expectation to implement Basel III and discuss work on financial impact of extreme weather events

    Source: Bank for International Settlements

    • Group of Central Bank Governors and Heads of Supervision (GHOS) unanimously reaffirm their expectation to implement Basel III in full and consistently and as soon as possible.
    • The Basel Committee will publish a voluntary disclosure framework on climate-related financial risks for jurisdictions to consider.
    • GHOS agreed to prioritise further analysis on the financial risk implications of extreme weather events.

    The Group of Central Bank Governors and Heads of Supervision (GHOS), the oversight body of the Basel Committee on Banking Supervision, met on 12 May 2025.

    Basel III implementation

    The GHOS took stock of the implementation status of the outstanding Basel III reforms, which were finalised in 2017. Members have continued to make good progress with implementation. About 70% of member jurisdictions have now implemented, or will shortly implement, the standards.

    GHOS members unanimously reaffirmed their expectation of implementing all aspects of the Basel III framework in full, consistently and as soon as possible. The series of shocks to financial markets over the past few years have highlighted the importance of having a prudent global regulatory framework in place. The GHOS tasked the Committee with continuing to monitor and assess the full and consistent implementation of Basel III.

    The GHOS also took note of the Committee’s ongoing analytical and supervisory work to assess whether specific features of the Basel Framework performed as intended during the 2023 banking turmoil, such as liquidity risk and interest rate risk in the banking book.

    Climate-related financial risks

    GHOS members discussed the Committee’s proposed Pillar 3 disclosure framework for climate-related financial risks. The Basel Committee will publish a voluntary disclosure framework for jurisdictions to consider.

    The GHOS also discussed the Committee’s broader work on climate-related financial risks. The GHOS tasked the Committee with prioritising its work to analyse the impact of extreme weather events on financial risks.

    Note to editors: 

    The Basel Committee is the primary global standard setter for the prudential regulation of banks and provides a forum for cooperation on banking supervisory matters. Its mandate is to strengthen the regulation, supervision and practices of banks worldwide with the purpose of enhancing financial stability. The Committee reports to the Group of Central Bank Governors and Heads of Supervision and seeks its endorsement for major decisions. The Committee has no formal supranational authority, and its decisions have no legal force. Rather, the Committee relies on its members’ commitments to achieve its mandate. The Group of Central Bank Governors and Heads of Supervision is chaired by Tiff Macklem, Governor of the Bank of Canada. The Basel Committee is chaired by Erik Thedéen, Governor of Sveriges Riksbank. 

    More information about the Basel Committee is available here.

    MIL OSI Economics –

  • MIL-OSI Economics: Samsung’s Entire Standalone Signage Lineup Earns EPEAT Silver Certification

    Source: Samsung

    Samsung Electronics’ entire line of standalone signage has earned a Silver rating from the Electronic Product Environmental Assessment Tool (EPEAT), an environmental rating system managed by the Green Electronics Council (GEC) in the United States.
    EPEAT evaluates products across a range of sustainability criteria, including hazardous substance use, energy efficiency, recycled packaging and corporate social responsibility. This recognition is especially noteworthy as every model in Samsung’s standalone signage lineup is now certified with a Silver rating. Additionally, three touch signage models — the QBC-T (24-inch) and QMB-T (43-inch and 55-inch sizes) — also received the Silver rating.

    Since becoming the first company in the signage industry to earn the Reducing CO2 certification from the Carbon Trust in the United Kingdom in 2022, Samsung has continued to advance its sustainability efforts by incorporating recycled plastics into its products.
    As a result, in 2025, Samsung’s standalone 4K UHD signage lineup — the QMC series, ranging from 43- to 98-inch models — has received both Product Carbon Footprint and Product Carbon Reduction certifications from TÜV Rheinland in Germany.
    Explore the infographic below to see Samsung’s EPEAT Silver-certified signage solutions.

    MIL OSI Economics –

  • MIL-OSI Economics: Samsung Art Store Launches Exclusive Collection from the Art Institute of Chicago

    Source: Samsung

    Samsung Electronics is expanding the reach of world-class art by welcoming the Art Institute of Chicago to its catalog of exclusive collections on the Samsung Art Store.
    The Art Institute of Chicago is the largest Samsung Art Store collection to launch yet, with an impressive total of 49 artworks, including iconic pieces by Claude Monet, Georges Seurat, Georgia O’Keeffe, Edward Hopper and more. This collection also marks the first major art partnership to launch following the Samsung Art Store’s expansion to QLED TVs, bringing a vibrant quantum level premium visual experience to audiences.
    Founded in 1879, the Art Institute of Chicago is one of the world’s great art museums, with more than a million visitors each year experiencing the renowned collection. Now, through an exclusive partnership with the Samsung Art Store you can enjoy some of its extraordinary highlights from the comfort of your home. From celebrated Impressionist paintings to defining works of American and Modern art, each piece is meticulously rendered to bring the museum’s cultural richness directly into the home.
    Highlights from the collection include Georges Seurat’s “A Sunday on La Grande Jatte” and Marc Chagall’s “America Windows” — both widely recognizable from the classic film, Ferris Bueller’s Day Off — alongside Edward Hopper’s “Nighthawks,” Vincent van Gogh’s “Fishing in Spring, the Pont de Clichy,” Grant Wood’s “American Gothic,” and Claude Monet’s “Cliff Walk at Pourville.”
    Image: Georges Seurat. A Sunday on La Grande Jatte — 1884 (detail), 1884/86. Helen Birch Bartlett Memorial Collection.
    This collaboration also marks a major milestone for the Samsung Art Store, introducing first-ever pieces by Frank Lloyd Wright, along with works by Jules Breton, Vasily Kandinsky, and George Wesley Bellows. These additions arrive on the heels of the recent debut of Frida Kahlo’s artworks in The MoMA collection and reflect Samsung’s ongoing commitment to expanding access to more artists.
    “At the Art Institute of Chicago, we are deeply intentional about how our collection is experienced by visitors and art enthusiasts from around the world,” said Michael Neault, associate vice president and executive creative director at the Art Institute of Chicago. “Samsung shares our dedication to both excellence and accessibility and this collaboration allows us to lean into today’s innovation and extend the reach of some of the world’s most significant art.”

    The Samsung Art Store continues to meet the moment in this growing market, making exclusive partnerships for modern and contemporary artworks the focus of its acquisition strategy. Paired with The Frame’s award-winning display—designed to reduce glare and mimic canvas texture—and the recent expansion to 2025 Samsung Neo QLED 8K, 4K and QLED models, Samsung is providing an unparalleled digital art experience.
    “The collaboration with the Art Institute of Chicago exemplifies our commitment to expanding access to and discovery of fine art to a global audience at scale,” said Maya Harris, Vice President of Business Development and Strategic Partnerships at Samsung. “The Art Institute of Chicago joins the seminal Art Basel and The Museum of Modern Art as exclusive collections only available on the Samsung Art Store. We are not only building a vast and unmatched library of incredible world-class art but also amplifying the world’s most important institutions and making them widely accessible through a medium we are proud to have pioneered.”

    MIL OSI Economics –

  • MIL-OSI Economics: Antitrust scrutiny will only increase as Big Tech caught in escalating trade war, says GlobalData

    Source: GlobalData

    Antitrust scrutiny will only increase as Big Tech caught in escalating trade war, says GlobalData

    Posted in Strategic Intelligence

    The consensus around the need to regulate digital monopolies has never been stronger on both sides of the Atlantic. Under the second Trump administration, transatlantic tensions over digital regulation, including antitrust, will heighten, as Big Tech is caught in an intensifying trade war, according to GlobalData, a leading data and analytics company.

    GlobalData’s latest Strategic Intelligence report “Antitrust,” reveals that the European Commission is enforcing the Digital Markets Act (DMA) and is expected to wrap up its investigations of Google, Meta, and Apple by 2026. The US government has stepped up efforts to tackle digital monopolies through lawsuits. The Department of Justice is considering breaking up Google, which would represent the most decisive intervention to date against one of the world’s most powerful tech companies. So far only Apple and Meta have been fined for a DMA infringement, while all lawsuits opened against Big Tech in the US are ongoing.

    Laura Petrone, Principal Analyst, Strategic Intelligence team at GlobalData, comments: “US President Donald Trump views the DMA as ‘overseas extortion’ of US companies, but Brussels is determined to go ahead with its antitrust investigations and has said that it will make no concessions on its digital rules in trade negotiations with the US.

    “There will likely be an acceleration in DMA enforcement as the EU uses the threat of fines and sanctions as bargain chips in tariff negotiations with Washington. The result could be a damaging tit-for-tat trade war in the tech industry.”

    While the Trump administration is expected to be more friendly to consolidation across different sectors, the tech industry will likely be the exception, as both recently appointed heads of the Federal Trade Commission (FTC) and Department of Justice (DoJ) have signaled their interest in scrutinizing Big Tech over antitrust. However, mergers and acquisitions (M&As) and partnerships perceived to be in the national interest, particularly in artificial intelligence (AI), will likely receive a green light from US regulators.

    According to GlobalData’s regulatory risk scorecard, Big Tech will continue to be the target of intense antitrust scrutiny, and most Big Tech companies could be caught in the crossfire of trade wars ignited by Trump’s tariffs.

    Samsung Electronics has the lowest regulatory risk among Big Tech companies, while Meta, Alphabet, and Amazon have the highest. US and Chinese Big Tech companies will face intense regulatory scrutiny due to their dominant position in most digital markets.

    MIL OSI Economics –

  • MIL-OSI Economics: Samsung’s Real Quantum Dot Technology Powers the Real QLED Experience – Perfect for Every Family

    Source: Samsung

     
    In households where entertainment needs are as varied as those living in them, one thing remains constant; the demand for superior picture quality and versatility. That’s where Samsung’s QLED, powered by 100% Colour Volume real and safe Quantum Dot technology, comes in – delivering a next-level viewing experience that meets every lifestyle head-on.
     
    Samsung’s Neo QLED and QLED TVs, are not just about flexibility – they’re about real innovation at the core. At the heart of this technology lies Samsung’s Real Quantum Dot technology, the foundation of the real QLED experience that Samsung pioneered. This is not your average TV – it’s the result of years of refinement and leadership in Quantum Dot display technology.
     
    The Real QLED Advantage: 100% Colour Volume with Quantum Dot
    Samsung’s Real Quantum Dot technology transforms how you see colour on a screen. Unlike traditional displays, Quantum Dots produce consistently bright, vivid, and accurate colours regardless of brightness levels. That means whether you’re watching an intense action movie, a lush nature documentary, or a fast-paced football match, you’ll see every detail in stunning clarity and realism. Real QLED means 100% Colour Volume, powered by Quantum Dot, delivering billions of shades for unmatched picture depth. Combined with Neo QLED’s ultra-precise Mini LED backlighting and the Neo Quantum Processor, your TV becomes a true visual powerhouse, adapting dynamically to your content and surroundings.
     
    Experience the Real QLED Difference
    Samsung’s QLED and Neo QLED TVs, built on true Quantum Dot technology, are the gold standard in home entertainment. For families with diverse viewing habits, these TVs offer not just flexibility – but an uncompromising, vibrant experience that only Real QLED powered by Real Quantum Dots can provide.
     

    Enjoy safe cadmium-free quantum dot Samsung TVs with your family
    Samsung’s long-standing commitment to its principle of “No Compromise on Safety” came to the forefront in 2014 when the company successfully developed the world’s first no-cadmium quantum dot material. Since then, the company has been leading quantum dot technology through continuous technological advancements and sustainable efforts.

    Built for Every Lifestyle
    From gaming marathons to family movie nights, Samsung’s QLED and Neo QLED TVs shine in any scenario. Thanks to their superior brightness, deep blacks, and ultra-sharp contrast, these TVs ensure that everyone in the family has a perfect view, no matter the room’s lighting or their seating position. Gamers will love the low-latency response and motion handling, while movie lovers will be drawn into cinematic visuals with lifelike colours. And sports fans? They’ll appreciate the clarity and smoothness of every goal, ace, dunk, or lap.

    Multi-View and Multi-Persona: Tailored for Real Life
    Samsung’s TVs aren’t just visually stunning – they’re also smart and adaptable. The Multi-View feature, for example, allows multiple content sources to be displayed at once, so one person can follow a live match while another watches YouTube or scrolls through social media – all on the same screen. It’s versatility made simple, and another example of how Samsung is designing for real families with real needs.
     
    Real Innovation Meets AI Intelligence
    The Quantum Dot experience is taken even further with Samsung’s Neo Quantum Processor. This AI-powered engine uses deep learning to optimise both picture and sound in real-time, making the most of the Quantum Dot technology’s full potential. The result? Crystal-clear scenes, perfectly tuned audio, and smooth transitions – tailored automatically to your content and environment.
     
    From a sun-lit daytime cartoon marathon to a late-night thriller binge, Samsung’s AI enhancements ensure that Quantum Dot brilliance always looks its best.
     
    Sustainability Without Compromise
    Samsung’s Real QLED technology doesn’t just perform – it also respects the planet. With energy-efficient design, eco-friendly materials, and certifications like Product Carbon Footprint Reduction, No-Cadmium SGS, and EyeCare Circadian Certification, Samsung is committed to sustainability while delivering industry-leading performance.

    MIL OSI Economics –

  • MIL-OSI Economics: Samsung Designs Products that Elevate Lifestyles Through Form and Function

    Source: Samsung

     
     
    Besides being one of the global leaders in technology, Samsung is a brand that enhances our lifestyles and the way we live. From the home to the office, Samsung’s commitment to innovation in design allows consumers to have products that elevate their environment and reflect their personal style. By merging art, personalisation, and technology, Samsung continues to transform everyday living, offering products that transcend traditional design to create functional, beautiful, and inspiring spaces.
     
    From turning a TV into a work of art to offering bespoke, customisable home appliances, Samsung’s design philosophy is rooted in the idea that technology should enhance, not disrupt, the aesthetic of our homes and workplaces. By merging sleek, modern design with advanced functionality, Samsung is leading the way in a new era where form, function, and style coexist in harmony.
     
    Here’s how four key products embody this commitment to design innovation and personalisation:
     
    The Frame TV: Art Meets Technology
    Samsung’s The Frame TV is a breakthrough in the way we view entertainment and aesthetics. Designed to blend seamlessly with any décor, this sleek, minimalistic TV transforms into a beautiful work of art when not in use. With its Art Mode display, 4K QLED picture quality, and smart connectivity, The Frame doesn’t just deliver exceptional viewing experiences, it enhances the room’s overall ambiance. Samsung has taken care to ensure that the TV is anything but intrusive, creating a television that fits effortlessly into any living space and elevates it with its clean and sophisticated design.
     

     
    Samsung’s vision for The Frame TV is to integrate entertainment into a home’s aesthetic, pushing beyond the traditional bulky, black box TV. It’s not just a screen – it’s a centrepiece that can be personalised to reflect the user’s artistic tastes, transforming the space into an elegant gallery allowing people to have access to over 2000 Art pieces from around the world, all available on the Samsung Art Store.
     
    Music Frame: The Art of Sound
    The Music Frame is another stellar example of Samsung’s commitment to blending art with technology. This product fuses high-definition digital art displays with an integrated speaker system, delivering a rich, immersive sound experience that elevates the atmosphere of any room. Whether you’re listening to music or enjoying visual art, the Music Frame transforms the space into a sensory experience, where both sight and sound are harmoniously blended. With seamless connectivity to music streaming platforms, the Music Frame is as functional as it is beautiful.
     

     
    Samsung designed the Music Frame with a focus on artistic expression. It’s not just about playing music – it’s about elevating the entire environment with sound and design. This product brings together art, music, and high-quality audio to create a statement piece that enhances the aesthetics of any space.

    Bespoke Fridges: Smart Luxury Redefined
    At the centre of the modern home, the kitchen deserves appliances that are as intelligent as they are elegant. Samsung’s Bespoke Fridges blend contemporary design with cutting-edge technology to deliver a truly refined experience. With a minimalist, modular aesthetic, the Bespoke range integrates seamlessly into any kitchen while offering innovative features like AI-powered cooling, smart connectivity, and energy-efficient performance. These fridges adapt to your lifestyle, learning usage patterns to optimise temperature control and reduce energy consumption. Samsung has reimagined the role of the refrigerator—not just as a storage solution, but as a sophisticated, high-performance appliance that enhances both form and function in everyday living.
     

     
     
    Samsung Mobile Devices: Redefining Mobile Technology
    Besides home products and appliances, Samsung’s mobile devices, including the Galaxy A Series and Galaxy S Series, continue to push the boundaries of mobile design and technology. The Galaxy A56 5G, Galaxy A36 5G, and Galaxy A26 5G all mark a significant step toward opening up new possibilities for even more users through advanced mobile AI technology. As the first Galaxy A series to feature Awesome Intelligence, it offers a comprehensive and intuitive mobile AI experience that offers powerful and fun AI-powered tools for easy search and amazing visual experiences. The Galaxy S25 Series offers unmatched performance, with elegant, premium designs that are as functional as they are beautiful. These Samsung devices are a fusion of advanced technology powered by AI and stylish design, reimagining the possibilities of what a smartphone can be.
     
    Nabilah Kariem is a content creator who specialises in décor design and lifestyle content, and has had experience with Samsung products as a brand partner – she had this to say: “As someone who’s deeply passionate about both design and intentional living, Samsung’s approach truly resonates with me. Their products don’t just serve a function – they elevate everyday spaces with beauty and thoughtfulness. From the unique charm of the Bespoke Airdresser in my laundry, to the artful presence of The Frame TV in my lounge, each piece feels like a seamless part of my home. The Music Frame adds a luxury touch to any room, while my Samsung mobile devices keep me creative and connected with effortless style. I love how Samsung merges form and function so naturally – it’s design that makes life feel considered and elevated.”

    MIL OSI Economics –

  • MIL-OSI Economics: [Toyota Times] The Year’s Two Key Themes – President Sato on Toyota’s Transformation

    Source: Toyota

    Headline: [Toyota Times] The Year’s Two Key Themes – President Sato on Toyota’s Transformation

    At Toyota’s financial results briefing for the year to March 2025, President Koji Sato spoke about the company’s progress in strengthening its foundations, and its efforts to change the future of cars. We share his speech in full.

    MIL OSI Economics –