NewzIntel.com

Category: Economics

  • MIL-OSI Economics: Samsung Expands Tizen OS Licensing Program with New Global Partners and Enhanced Offerings

    Source: Samsung

    Samsung Electronics today announced a significant expansion of the Samsung Tizen OS Licensing Program, reinforcing its position as a leading provider of smart TV operating systems.
     
     
    Tizen OS Continues To Grow As Reliable Smart TV Platform
    Following the launch of Samsung Tizen OS 8.0, the licensing program now includes prominent original design manufacturers (ODMs). This marks an important milestone in the evolution of the Tizen ecosystem and demonstrates strong global demand for Samsung’s acclaimed smart TV platform. In its licensing program, Samsung continues to build strategic partnerships with companies that prioritize high-quality products and reliable support throughout the entire value chain.
     
    Additionally, Samsung Tizen OS will be embedded in new TVs from well-known brands in key markets, enhancing its presence across Europe, North and Latin America, and Australia. Notable new additions include EKO and QBELL (Ayonz) in Australia and Europe, RCA (Kayve Groupo) in Mexico, RCA (Treasure Creek) in the United States and Canada, and Axdia in Germany. Many more brands are expected to join in the second half of 2025 as Samsung continues to expand its strategic partnerships into new markets.
     

     
    “We are proud to expand our RCA TV portfolio across Mexico and Latin America through our partnership with Samsung’s Tizen OS,” said Jonathan Vera, Head of Marketing & Communications, Grupo Kayve. “The Tizen team provides comprehensive technical and marketing support, enabling an agile go-to-market process.”
     
    “Partnering with Samsung on Tizen OS allows us to deliver high-quality and competitive smart TV solutions to our global brand customers,” said Gerard Louis, Chief Operating Officer (COO) at Axdia,
     
     
    Premium Content and Connectivity at Core of Tizen OS-Powered Smart TVs
    Samsung is also dedicated to continuous platform innovation, introducing smart features such as advanced content discovery, integration with Samsung TV Plus for FAST channel services, cloud gaming capabilities via Samsung Gaming Hub, and seamless multi-device connectivity through SmartThings. These enhancements ensure that licensees benefit not only from proven technology but also from a forward-looking platform that adapts to evolving consumer expectations.
     
    To further differentiate Tizen-powered TVs at retail, Samsung offers tailored marketing kits and digital content toolkits for each region, enabling partners to highlight key attributes such as premium content access, fast performance, and smart connectivity—all backed by Samsung’s robust global brand credibility.
     
    As the Tizen OS Licensing Program evolves to meet the needs of global partners, Samsung is broadening regional coverage, introducing more affordable hardware solutions, and enhancing app availability worldwide. Moreover, partners can gain access to Samsung’s specialized R&D support to confidently bring Tizen-powered smart TVs to market.
     

     
    “Tizen OS is recognized for its performance, reliability, and innovation,” said Jooyoung Kim, Vice President at Samsung Electronics. “This year, we are focused on expanding our licensing program and creating diverse collaboration strategies for our key partners. We are serious about growing our global partner network and enhancing the ecosystem. By offering expanded regional support, an enriched app ecosystem, and tailored marketing resources, we aim to deliver even greater value to consumers worldwide.”
     
    With Tizen OS extending beyond Samsung’s own TV offerings, the company remains steadfast in its commitment to delivering an open, robust, and premium smart TV experience for consumers around the world.

    MIL OSI Economics –

  • MIL-OSI Economics: Euro Area Policies: 2025 Annual Consultation-Press Release; Staff Report; and Statement by the Executive Director for Member Countries

    Source: International Monetary Fund

    Summary

    Despite recurring shocks, Europe’s economy remains resilient with record-low unemployment, declining inflation, and a stable financial system. However, policymakers face mounting challenges, including trade tensions, rising demand for defense spending, and the need to ensure energy security, all while addressing longstanding productivity challenges, rapid aging, and weak medium-term growth.

    MIL OSI Economics –

  • MIL-OSI Economics: 15th East Asia Summit Foreign Ministers’ Meeting takes place in Malaysia

    Source: ASEAN – Association of SouthEast Asian Nations

    The 15th East Asia Summit (EAS) Foreign Ministers’ Meeting was held in Kuala Lumpur today. The Meeting reviewed ongoing EAS cooperation and discussed its future direction, while also exchanged views on regional and international developments. The EAS participating countries reaffirmed their commitment towards further strengthening the EAS as the Leaders-led forum for dialogue and cooperation on strategic, political, and economic issues of mutual interest and concern in the region, particularly in view of the 20th anniversary of the EAS this year. The Meeting was attended by the Foreign Ministers or their representatives from EAS participating countries and the Secretary-General of ASEAN, Dr. Kao Kim Hourn. Timor-Leste attended as Observer.

     
    The post 15th East Asia Summit Foreign Ministers’ Meeting takes place in Malaysia appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: 15th East Asia Summit Foreign Ministers’ Meeting takes place in Malaysia

    Source: ASEAN – Association of SouthEast Asian Nations

    The 15th East Asia Summit (EAS) Foreign Ministers’ Meeting was held in Kuala Lumpur today. The Meeting reviewed ongoing EAS cooperation and discussed its future direction, while also exchanged views on regional and international developments. The EAS participating countries reaffirmed their commitment towards further strengthening the EAS as the Leaders-led forum for dialogue and cooperation on strategic, political, and economic issues of mutual interest and concern in the region, particularly in view of the 20th anniversary of the EAS this year. The Meeting was attended by the Foreign Ministers or their representatives from EAS participating countries and the Secretary-General of ASEAN, Dr. Kao Kim Hourn. Timor-Leste attended as Observer.

     
    The post 15th East Asia Summit Foreign Ministers’ Meeting takes place in Malaysia appeared first on ASEAN Main Portal.

    MIL OSI Economics –

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

    Source: Black Sea Trade and Development Bank

    Press Release | 10-Jul-2025

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

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

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

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

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

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

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

     

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

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

     

    Contact: Haroula Christodoulou

    : @BSTDB

    MIL OSI Economics –

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

    Source: Black Sea Trade and Development Bank

    Press Release | 10-Jul-2025

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

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

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

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

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

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

     

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

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

     

    Contact: Haroula Christodoulou

    : @BSTDB

    MIL OSI Economics –

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

    Source: Black Sea Trade and Development Bank

    Press Release | 10-Jul-2025

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

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

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

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

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

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

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

     

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

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

     

    Contact: Haroula Christodoulou

    : @BSTDB

    MIL OSI Economics –

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

    Source: Black Sea Trade and Development Bank

    Press Release | 10-Jul-2025

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

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

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

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

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

     

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

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

     

    Contact: Haroula Christodoulou

    : @BSTDB

    MIL OSI Economics –

  • MIL-OSI Economics: Result of the 7-day Variable Rate Reverse Repo (VRRR) auction held on July 11, 2025

    Source: Reserve Bank of India

    Tenor 7-day
    Notified Amount (in ₹ crore) 2,50,000
    Total amount of offers received (in ₹ crore) 1,51,633
    Amount accepted (in ₹ crore) 1,51,633
    Cut off Rate (%) 5.49
    Weighted Average Rate (%) 5.49
    Partial Acceptance Percentage of offers received at cut off rate NA

    Ajit Prasad          
    Deputy General Manager
    (Communications)     

    Press Release: 2025-2026/694

    MIL OSI Economics –

  • MIL-OSI Economics: Result of the 7-day Variable Rate Reverse Repo (VRRR) auction held on July 11, 2025

    Source: Reserve Bank of India

    Tenor 7-day
    Notified Amount (in ₹ crore) 2,50,000
    Total amount of offers received (in ₹ crore) 1,51,633
    Amount accepted (in ₹ crore) 1,51,633
    Cut off Rate (%) 5.49
    Weighted Average Rate (%) 5.49
    Partial Acceptance Percentage of offers received at cut off rate NA

    Ajit Prasad          
    Deputy General Manager
    (Communications)     

    Press Release: 2025-2026/694

    MIL OSI Economics –

  • MIL-OSI Economics: Result of Underwriting Auction conducted on July 11, 2025

    Source: Reserve Bank of India

    In the underwriting auction conducted on July 11, 2025, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:

    Nomenclature of the Security Notified Amount
    (₹ crore)    		 Minimum Underwriting Commitment (MUC) Amount
    (₹ crore)    		 Additional Competitive Underwriting Amount Accepted
    (₹ crore)    		 Total Amount underwritten
    (₹ crore)    		 ACU Commission Cut-off rate
    (Paise per ₹100)
    New GS 2032 11,000 5,502 5,498 11,000 0.16
    7.09% GS 2074 14,000 7,014 6,986 14,000 0.37
    Auction for the sale of securities will be held on July 11, 2025.

    Ajit Prasad          
    Deputy General Manager
    (Communications)     

    Press Release: 2025-2026/693

    MIL OSI Economics –

  • MIL-OSI Economics: Result of Underwriting Auction conducted on July 11, 2025

    Source: Reserve Bank of India

    In the underwriting auction conducted on July 11, 2025, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:

    Nomenclature of the Security Notified Amount
    (₹ crore)    		 Minimum Underwriting Commitment (MUC) Amount
    (₹ crore)    		 Additional Competitive Underwriting Amount Accepted
    (₹ crore)    		 Total Amount underwritten
    (₹ crore)    		 ACU Commission Cut-off rate
    (Paise per ₹100)
    New GS 2032 11,000 5,502 5,498 11,000 0.16
    7.09% GS 2074 14,000 7,014 6,986 14,000 0.37
    Auction for the sale of securities will be held on July 11, 2025.

    Ajit Prasad          
    Deputy General Manager
    (Communications)     

    Press Release: 2025-2026/693

    MIL OSI Economics –

  • MIL-OSI Economics: Secretary-General of ASEAN participates in a Pull Aside with Minister of Foreign Affairs of New Zealand

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, met today with Minister of Foreign Affairs of New Zealand, Rt Hon Winston Peters, on the sidelines of the 58th ASEAN Foreign Ministers’ Meeting (AMM) and Related Meetings in Kuala Lumpur, Malaysia. The Foreign Minister and the Secretary-General recalled their meeting in May 2025 during the Secretary-General’s working visit to New Zealand. They also briefly exchanged views on ways to further strengthen ASEAN-New Zealand relations, particularly in preparations for the ASEAN-New Zealand Commemorative Summit on the 50th Anniversary of their partnership, scheduled to be held in October 2025.

    The post Secretary-General of ASEAN participates in a Pull Aside with Minister of Foreign Affairs of New Zealand appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: Secretary-General of ASEAN participates in a Pull Aside with Minister of Foreign Affairs of New Zealand

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, met today with Minister of Foreign Affairs of New Zealand, Rt Hon Winston Peters, on the sidelines of the 58th ASEAN Foreign Ministers’ Meeting (AMM) and Related Meetings in Kuala Lumpur, Malaysia. The Foreign Minister and the Secretary-General recalled their meeting in May 2025 during the Secretary-General’s working visit to New Zealand. They also briefly exchanged views on ways to further strengthen ASEAN-New Zealand relations, particularly in preparations for the ASEAN-New Zealand Commemorative Summit on the 50th Anniversary of their partnership, scheduled to be held in October 2025.

    The post Secretary-General of ASEAN participates in a Pull Aside with Minister of Foreign Affairs of New Zealand appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: ASEAN Post-Ministerial Conference with the European Union discusses future direction of the Strategic Partnership

    Source: ASEAN

    The ASEAN Post-Ministerial Conference with the European Union (EU) was held in Kuala Lumpur today. The Meeting noted the positive progress made in the implementation of the ASEAN-EU Plan of Action (2023–2027) and discussed ways to further strengthen the ASEAN-EU Strategic Partnership. The Ministers also exchanged views on regional and international issues of common concern and interest. The Meeting was attended by the ASEAN Foreign Ministers or their representatives, High Representative of the European Union for Foreign Affairs and Security Policy / Vice-President (HR/VP) of the European Commission, Kaja Kallas, and Secretary-General of ASEAN, Dr. Kao Kim Hourn. Timor-Leste attended as Observer.

    The post ASEAN Post-Ministerial Conference with the European Union discusses future direction of the Strategic Partnership appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: From AI to Actionable Care: Industry Leaders Chart the Future of Mobile Innovation at Galaxy Tech Forum

    Source: Samsung

    At Galaxy Unpacked 2025 on July 9, Samsung Electronics unveiled its latest Galaxy Z series devices and wearables — pushing the boundaries of foldable design and connected wellness experiences. These innovations mark the next step in the company’s mission to deliver meaningful, user-centered technology, with Galaxy AI and digital health emerging as key pillars of the journey ahead.
    To explore these themes further, Samsung hosted two panels at the Galaxy Tech Forum on July 10 in Brooklyn. Samsung Newsroom joined industry leaders and executives to examine how ambient intelligence and advanced health technologies are shaping the future of mobile innovation.
    (Panel One) The Next Vision of AI: Ambient Intelligence

    (From left) Moderator Sabrina Ortiz, Jisun Park, Mindy Brooks and Dr. Vinesh Sukumar
    The first panel, “The Next Vision of AI: Ambient Intelligence,” explored how multimodal capabilities are enabling the continued evolution of AI in everyday life — blending into user interactions in ways that feel intuitive, proactive and nearly invisible. Panelists discussed the smartphone’s evolving role, the importance of platform integration and the power of cross-industry collaboration to deliver secure, personalized intelligence at scale.
    Jisun Park, Corporate Executive Vice President and Head of Language AI Team, Mobile eXperience (MX) Business at Samsung Electronics, opened the conversation by reflecting on Galaxy AI’s rapid adoption. Since the launch of the Galaxy S25 series in January, more than 70% of users have engaged with Galaxy AI features. He then turned the discussion to the next frontier, ambient intelligence — AI that is deeply personal, predictive and ever-present.

    Jisun Park from Samsung Electronics
    Samsung sees ambient intelligence as AI that is so seamlessly integrated into daily life it becomes second nature. The company is committed to democratizing Galaxy AI to 400 million devices by the end of 2025.
    This vision builds on insights from a yearlong collaboration with London-based research firm Symmetry, which revealed that 60% of users want their phones to anticipate needs without prompts — based on daily habits.
    “Some see AI as the start of a ‘post-smartphone’ era, but we see it differently,” said Park. “We’re building a future where your devices don’t just respond — they become smarter to anticipate, see and work quietly in the background to make life feel a little more effortless.”
    Mindy Brooks, Vice President of Android Consumer Product and Experience at Google, discussed how multimodal AI is moving beyond reactive response to deeper understanding of user intent across inputs like text, vision and voice. Google’s Gemini is designed to be intelligently aware and anticipatory — tuned to individual preferences and routines for assistance that feels natural.

    Mindy Brooks from Google
    “Through close collaboration with Samsung, Gemini works seamlessly across its devices and connects with first-party apps to provide helpful and personalized responses,” she said.
    Dr. Vinesh Sukumar, Vice President of Product Management at Qualcomm Technologies emphasized that as AI becomes more personalized, there is more information than ever that needs to be protected.
    “For us, privacy, performance and personalization go hand in hand — they’re not competing priorities but co-equal standards,” he said.

    Dr. Vinesh Sukumar from Qualcomm Technologies
    Both Brooks and Dr. Sukumar reinforced the importance of tight integration across platforms and hardware.
    “Our work with Samsung prioritizes secure, on-device intelligence so that users know where their data is and who controls it,” said Dr. Sukumar.

    The AI panel at Galaxy Tech Forum
    Moderator Sabrina Ortiz, senior editor at ZDNET, closed the session with a discussion on AI privacy. Panelists agreed that trust, transparency and user control must underpin the entire AI experience.
    “When it comes to building more agentic AI, our priority is to ensure we’re fostering smarter, more personalized and more meaningful assistance across our device ecosystem,” said Brooks.

    (Panel Two) The Next Chapter of Health: Scaling Prevention and Connected Care
    The second panel, “The Next Chapter of Health: Scaling Prevention and Connected Care,” focused on how technology can bridge the gap between wellness and clinical care — making health insights more connected, proactive and usable for individuals, healthcare providers and digital health solution partners. Panelists explored how the convergence of clinical data, at-home monitoring and AI is reshaping the modern healthcare experience.

    (From left) Moderator Dr. Hon Pak, Mike McSherry, Dr. Rasu Shrestha and Jim Pursley
    Health data is often siloed across systems, resulting in inefficiencies and gaps in care. Combined with rising rates of chronic illness, an aging population and ongoing clinician shortages, the result is a system under pressure to deliver timely, effective care.

    Dr. Hon Pak from Samsung Electronics
    “Patients and consumers around the world are asking us to hear them, to know them, to truly understand them,” said moderator Dr. Hon Pak, Senior Vice President and Head of Digital Health Team at Samsung Electronics. “And I believe this is the opportunity we have with Samsung, Xealth and partners like Hinge and Advocate. Together, we are creating a connected ecosystem where healthcare can truly make a difference — not just in the life of a patient, but in the life of a person.”
    Samsung is addressing this challenge through technological innovation and its recent acquisition of Xealth, a leading digital health platform with a network of more than 500 hospitals and 70 digital health solution providers. Through Xealth, Samsung plans to connect wearable data and insights from Samsung Health into clinical workflows — delivering a more unified and seamless healthcare experience.

    Mike McSherry from Xealth
    “This , plus your devices — the watch, the ring — are going to replace the standalone blood pressure monitor, the pulse oximeter, a variety of different devices,” said Mike McSherry, founder and CEO of Xealth. “It’s going to be one packaged solution, and that’s going to simplify care.”
    This collaboration is designed to empower hospitals with real-time insights and help prevent chronic conditions through early detection and continuous monitoring with wearable devices.

    Dr. Rasu Shrestha from Advocate Health
    “The reality is that with all of the challenges that exist in healthcare, it is not any one entity that can heroically go in and save healthcare. It really takes an ecosystem,” said Dr. Rasu Shrestha, Executive Vice President and Chief Innovation & Commercialization Officer at Advocate Health. “That’s part of the reason why I’m so excited about Xealth and Samsung — and partners like us — really coming together to solve for this challenge. Because it is about Samsung enabling it. It’s more of an open ecosystem, a curated ecosystem.”
    The panel spotlighted the growing shift from hospital-based care to care at home — and the opportunities enabled by Samsung’s expanding ecosystem of connected devices. Data from wearables, including those equipped with Samsung’s BioActive Sensor technology, can provide high-quality input for AI-driven insights.
    Paired with Samsung’s SmartThings connectivity and wide portfolio of smart home devices, the company is uniquely positioned to support remote health monitoring and treatment from home.
    AI is expected to play a role in reducing clinician workload by streamlining administrative tasks and surfacing the most relevant insights at the right time. Platforms like Xealth offer users a personalized, friendly interface to access necessary information from one place for a more connected healthcare experience.

    MIL OSI Economics –

  • MIL-OSI Economics: Trilateral Meeting between Malaysia, Republic of Türkiye, and the ASEAN Secretariat convenes in Kuala Lumpur, Malaysia

    Source: ASEAN

    A Trilateral Meeting was convened today in Kuala Lumpur, Malaysia, involving Malaysia, as the ASEAN Chair, Türkiye, and the ASEAN Secretariat. The Meeting was chaired by the Minister of Foreign Affairs of Malaysia, The Honourable Dato’ Seri Utama Haji Mohamad Bin Haji Hasan and attended by Minister of Foreign Affairs of Türkiye, Hakan Fidan, and Secretary-General of ASEAN, Dr. Kao Kim Hourn. The Meeting discussed the ASEAN-Türkiye Sectoral Dialogue Partnership, including progress in the implementation of the ASEAN-Türkiye Practical Cooperation Areas (2024–2028) and explored untapped opportunities to further strengthen collaboration between ASEAN and Türkiye.

     
    The post Trilateral Meeting between Malaysia, Republic of Türkiye, and the ASEAN Secretariat convenes in Kuala Lumpur, Malaysia appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: Trilateral Meeting between Malaysia, Republic of Türkiye, and the ASEAN Secretariat convenes in Kuala Lumpur, Malaysia

    Source: ASEAN

    A Trilateral Meeting was convened today in Kuala Lumpur, Malaysia, involving Malaysia, as the ASEAN Chair, Türkiye, and the ASEAN Secretariat. The Meeting was chaired by the Minister of Foreign Affairs of Malaysia, The Honourable Dato’ Seri Utama Haji Mohamad Bin Haji Hasan and attended by Minister of Foreign Affairs of Türkiye, Hakan Fidan, and Secretary-General of ASEAN, Dr. Kao Kim Hourn. The Meeting discussed the ASEAN-Türkiye Sectoral Dialogue Partnership, including progress in the implementation of the ASEAN-Türkiye Practical Cooperation Areas (2024–2028) and explored untapped opportunities to further strengthen collaboration between ASEAN and Türkiye.

     
    The post Trilateral Meeting between Malaysia, Republic of Türkiye, and the ASEAN Secretariat convenes in Kuala Lumpur, Malaysia appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: [Galaxy Unpacked 2025] From AI to Actionable Care: Industry Leaders Chart the Future of Mobile Innovation at Galaxy Tech Forum

    Source: Samsung

    At Galaxy Unpacked 2025 on July 9, Samsung Electronics unveiled its latest Galaxy Z series devices and wearables — pushing the boundaries of foldable design and connected wellness experiences. These innovations mark the next step in the company’s mission to deliver meaningful, user-centered technology, with Galaxy AI and digital health emerging as key pillars of the journey ahead.
     
    To explore these themes further, Samsung hosted two panels at the Galaxy Tech Forum on July 10 in Brooklyn. Samsung Newsroom joined industry leaders and executives to examine how ambient intelligence and advanced health technologies are shaping the future of mobile innovation.
     
     
    (Panel One) The Next Vision of AI: Ambient Intelligence
    ▲ (From left) Moderator Sabrina Ortiz, Jisun Park, Mindy Brooks and Dr. Vinesh Sukumar
     
    The first panel, “The Next Vision of AI: Ambient Intelligence,” explored how multimodal capabilities are enabling the continued evolution of AI in everyday life — blending into user interactions in ways that feel intuitive, proactive and nearly invisible. Panelists discussed the smartphone’s evolving role, the importance of platform integration and the power of cross-industry collaboration to deliver secure, personalized intelligence at scale.
     
    Jisun Park, Corporate Executive Vice President and Head of Language AI Team, Mobile eXperience (MX) Business at Samsung Electronics, opened the conversation by reflecting on Galaxy AI’s rapid adoption. Since the launch of the Galaxy S25 series in January, more than 70% of users have engaged with Galaxy AI features. He then turned the discussion to the next frontier, ambient intelligence — AI that is deeply personal, predictive and ever-present.
     
    ▲ Jisun Park from Samsung Electronics
     
    Samsung sees ambient intelligence as AI that is so seamlessly integrated into daily life it becomes second nature. The company is committed to democratizing Galaxy AI to 400 million devices by the end of 2025.
     
    This vision builds on insights from a yearlong collaboration with London-based research firm Symmetry, which revealed that 60% of users want their phones to anticipate needs without prompts — based on daily habits.
     
    “Some see AI as the start of a ‘post-smartphone’ era, but we see it differently,” said Park. “We’re building a future where your devices don’t just respond — they become smarter to anticipate, see and work quietly in the background to make life feel a little more effortless.”
     
    Mindy Brooks, Vice President of Android Consumer Product and Experience at Google, discussed how multimodal AI is moving beyond reactive response to deeper understanding of user intent across inputs like text, vision and voice. Google’s Gemini is designed to be intelligently aware and anticipatory — tuned to individual preferences and routines for assistance that feels natural.
     
    ▲ Mindy Brooks from Google
     
    “Through close collaboration with Samsung, Gemini works seamlessly across its devices and connects with first-party apps to provide helpful and personalized responses,” she said.
     
    Dr. Vinesh Sukumar, Vice President of Product Management at Qualcomm Technologies emphasized that as AI becomes more personalized, there is more information than ever that needs to be protected.
     
    “For us, privacy, performance and personalization go hand in hand — they’re not competing priorities but co-equal standards,” he said.
     
    ▲ Dr. Vinesh Sukumar from Qualcomm Technologies
     
    Both Brooks and Dr. Sukumar reinforced the importance of tight integration across platforms and hardware.
     
    “Our work with Samsung prioritizes secure, on-device intelligence so that users know where their data is and who controls it,” said Dr. Sukumar.
     
    ▲ The AI panel at Galaxy Tech Forum
     
    Moderator Sabrina Ortiz, senior editor at ZDNET, closed the session with a discussion on AI privacy. Panelists agreed that trust, transparency and user control must underpin the entire AI experience.
     
    “When it comes to building more agentic AI, our priority is to ensure we’re fostering smarter, more personalized and more meaningful assistance across our device ecosystem,” said Brooks.
     
     
    (Panel Two) The Next Chapter of Health: Scaling Prevention and Connected Care
    The second panel, “The Next Chapter of Health: Scaling Prevention and Connected Care,” focused on how technology can bridge the gap between wellness and clinical care — making health insights more connected, proactive and usable for individuals, healthcare providers and digital health solution partners. Panelists explored how the convergence of clinical data, at-home monitoring and AI is reshaping the modern healthcare experience.
     
    ▲ (From left) Moderator Dr. Hon Pak, Mike McSherry, Dr. Rasu Shrestha and Jim Pursley
     
    Health data is often siloed across systems, resulting in inefficiencies and gaps in care. Combined with rising rates of chronic illness, an aging population and ongoing clinician shortages, the result is a system under pressure to deliver timely, effective care.
     
    ▲ Dr. Hon Pak from Samsung Electronics
     
    “Patients and consumers around the world are asking us to hear them, to know them, to truly understand them,” said moderator Dr. Hon Pak, Senior Vice President and Head of Digital Health Team at Samsung Electronics. “And I believe this is the opportunity we have with Samsung, Xealth and partners like Hinge and Advocate. Together, we are creating a connected ecosystem where healthcare can truly make a difference — not just in the life of a patient, but in the life of a person.”
     
    Samsung is addressing this challenge through technological innovation and its recent acquisition of Xealth, a leading digital health platform with a network of more than 500 hospitals and 70 digital health solution providers. Through Xealth, Samsung plans to connect wearable data and insights from Samsung Health into clinical workflows — delivering a more unified and seamless healthcare experience.
     
    ▲ Mike McSherry from Xealth
     
    “This [phone], plus your devices — the watch, the ring — are going to replace the standalone blood pressure monitor, the pulse oximeter, a variety of different devices,” said Mike McSherry, founder and CEO of Xealth. “It’s going to be one packaged solution, and that’s going to simplify care.”
     
    This collaboration is designed to empower hospitals with real-time insights and help prevent chronic conditions through early detection and continuous monitoring with wearable devices.
     
    ▲ Dr. Rasu Shrestha from Advocate Health
     
    “The reality is that with all of the challenges that exist in healthcare, it is not any one entity that can heroically go in and save healthcare. It really takes an ecosystem,” said Dr. Rasu Shrestha, Executive Vice President and Chief Innovation & Commercialization Officer at Advocate Health. “That’s part of the reason why I’m so excited about Xealth and Samsung — and partners like us — really coming together to solve for this challenge. Because it is about Samsung enabling it. It’s more of an open ecosystem, a curated ecosystem.”
     
    The panel spotlighted the growing shift from hospital-based care to care at home — and the opportunities enabled by Samsung’s expanding ecosystem of connected devices. Data from wearables, including those equipped with Samsung’s BioActive Sensor technology, can provide high-quality input for AI-driven insights.
     
    Paired with Samsung’s SmartThings connectivity and wide portfolio of smart home devices, the company is uniquely positioned to support remote health monitoring and treatment from home.
     
    AI is expected to play a role in reducing clinician workload by streamlining administrative tasks and surfacing the most relevant insights at the right time. Platforms like Xealth offer users a personalized, friendly interface to access necessary information from one place for a more connected healthcare experience.
     
    ▲ The health panel at Galaxy Tech Forum
     
    Across both sessions, one theme was clear — realizing the potential of ambient intelligence and scaling prevention and connected care requires deep, cross-industry collaboration.
     
    From on-device privacy solutions like Knox Matrix to expanded integration across Galaxy devices, Samsung and its partners are building an ecosystem that’s not only intelligent but simple, secure and future-ready.

    MIL OSI Economics –

  • MIL-OSI Economics: [Editorial] Enriching Life Through Human-Centered Design

    Source: Samsung

     
    We are living through a defining moment in history. Technology has become a central force in our daily lives like never before, and the pace of innovation and change is truly extraordinary. In this rapidly evolving world, the human element — our thoughts, emotions, aspirations and needs — matters more than ever. Even as technology takes the lead, we believe our greatest strength lies in empathy and care.
     
    As designers, our mission goes beyond creating innovative products. We aim to elevate people’s lives — to design tools and experiences that help them live better, longer and more meaningfully, by taming technology in service of humanity.
     
    Samsung Electronics is a worldwide leader in tech and already plays an essential role in the lives of billions around the globe. Through our products, we help you clean your home, wash your clothes and dishes, preserve your food, store your memories, stay entertained, stay connected and express yourself — whether at home, on the move or in public spaces. This reach is both a tremendous privilege and, in the age of AI and accelerated technological change, an incredible opportunity and an immense responsibility.
     
    That sense of purpose is what inspired me to join Samsung this year, after more than two decades as a designer and business leader across industries and cultures. I was drawn by the possibility to help reimagine the relationship between people and technology — putting humans at the heart of our product universe, to create a world where innovation truly supports and enhances our lives, unlocking, amplifying and elevating the human side of technology.
     
     
    Rewriting the Code of a Design-Driven Company
    To me, design is far more than a product or a user interface. It’s more than the interplay of form and function. I like to define design as the art of dreaming, crafting and taking to life distinctive solutions, meaningful experiences and authentic stories that deeply resonate with people’s needs and aspirations. In this sense, form and function follow meaning. Design becomes a force for purposeful innovation — one that begins and ends with people.
     
    Across Samsung’s product portfolio, design serves as a language — one that understands people and interprets the complexity of the world around us. It has the power to humanize technology, transforming algorithms into emotion, features into feelings. In a time of accelerating complexity, design is how we restore clarity and foster deeper connections — with ourselves, our cultures and our lives.
     
    Samsung’s commitment to design thinking dates back to 1996, when it declared the “Year of Design Revolution.” That year marked a turning point, with design officially recognized as a core strategic asset. With a “human-centered design philosophy” at its heart, Samsung laid the foundation for a design ethos that continues to evolve and grow.
     
    Now, in the era of AI, our challenge is to build upon that legacy — to amplify its intent, refine its spirit and redefine what design means in a new cultural and technological landscape. Products can be copied, but a design philosophy — its purpose and point of view — cannot be replicated. This is why culture matters. For individuals and for organizations alike, consistency, authentic creativity and genuine care at every touchpoint are what set great companies apart.
     
     
    A New Challenge to Everyday Innovation
    Today, Samsung innovations are already transforming everyday life. Robot vacuum cleaners quietly maintain our homes. Smartwatches provide real-time insights into our health. Intelligent appliances, from washing machines to dishwashers, offer greater efficiency, performance and ease of use. Smart refrigerators adapt to our habits to keep food fresher for longer. Our screens deliver breathtaking visuals, our audio systems fill rooms with immersive soundscapes, and our smartphones, tablets and wearables keep us connected through intuitive design and purposeful features.
     
    All of this is remarkable. Yet, the real frontier lies in something greater: the seamless integration of all these devices into a coherent, human-centered journey. We’re not just designing individual products — we’re designing an ecosystem of experiences. We’re redefining what “smart” really means by infusing technology with empathy, meaning and emotional resonance.
     
    Samsung’s design now goes beyond the object. It places thoughtful connections, insightful information, and intentional emotions at the center. Through a cohesive design experience across our entire ecosystem — from mobile to TV to home appliances — we’re committed to enriching every interaction.
     
    Our vision is a future where design brings warmth to innovation, and where technology helps us not only do more — but live longer, live better, and live more connected, and more meaningfully, creating an empathetic layer between people and their environments. This personal field of emotionally attuned, physiologically aware, and ethically governed technologies interconnects to form constellations of care — enabling shared rhythms and deeper connection across the home, family and community.
     
     
    The Future Is Emotional, Meaningful, Connected Intelligence

     
    The next frontier of smart technology must offer more than just functionality. With Samsung’s advancements in AI, empowered by hardware and software, we are unlocking a new dimension of emotional intelligence — where technology doesn’t just work for us, but resonates with us.
     
    What excites me most about AI in product design is how it enables us to listen, learn and craft experiences that feel deeply personal. As intelligence becomes ambient — woven seamlessly into our everyday devices — design takes on a greater responsibility: to ensure that intelligence feels warm, human and caring. We’re shifting from devices that demand our attention to those that pay attention, anticipating needs, adapting preferences and forming meaningful relationships with users.
     
    We’re envisioning an ecosystem where intelligence isn’t confined to one device, but exists around you — quiet, empathetic, always present when needed, and gracefully invisible when not. Samsung’s holistic approach to AI spans across the entire ecosystem — from smartphones to TVs, wearables to home appliances — transforming each product into a thoughtful companion in your daily life.
     
    Imagine a TV that mirrors your mood. A refrigerator that understands your dietary goals. A watch or ring that knows when you need rest, and gently guides you toward better mental and physical wellbeing. This is not just innovation — it’s a design philosophy where intelligence surrounds you, senses you, learns from you and ultimately adapts to serve you better. Each product becomes part of a larger, unified story, grounded in empathy, awareness and care.
     
     
    Design as a Force for Meaning — And for a Better Tomorrow
    Technology will always continue to evolve. But what truly matters is the meaning it brings — to individuals and to society. At Samsung, we innovate not just because we can, but because we care. It starts with a sincere commitment to people and a deep sense of responsibility for the impact we create.
     
    What has always inspired me about Samsung is its belief in openness — not just as a platform strategy, but as a cultural principle. Openness to collaboration. Openness to bold, unconventional ideas. Openness to meeting people where they are. This spirit of openness removes barriers, fuels connection and sets the stage for truly meaningful innovation.
     
    These are the values that have shaped my career and the principles I believe will drive our industry forward. They reflect a shared mission: to build technology that enriches human life, with empathy at its core.
     
    Through our love for humanity and our clear vision for the future, we invite you to join us on this journey — one shaped by Samsung Design, and guided by purpose, care and imagination.

    MIL OSI Economics –

  • MIL-OSI Economics: Understanding protein motion is essential to understanding biology and advancing drug discovery. Today we’re introducing BioEmu, an AI system that emulates the structural ensembles proteins adopt, delivering insights in hours that would otherwise require years of simulation.

    Source: Microsoft

    Headline: Understanding protein motion is essential to understanding biology and advancing drug discovery. Today we’re introducing BioEmu, an AI system that emulates the structural ensembles proteins adopt, delivering insights in hours that would otherwise require years of simulation.

    Today in the journal Science: BioEmu from Microsoft Research AI for Science. This generative deep learning method emulates protein equilibrium ensembles – key for understanding protein function at scale. https://msft.it/6043S7rAH BioEmu aims to emulate the ensemble of structures that a protein will adopt in an experiment or the cell. The ability of a protein to dynamically switch between distinct structures is a basis for its function. BioEmu 1.1 is trained longer and more carefully in 3 distinct stages on vast data of protein structures, >200 milliseconds of molecular dynamics simulations, and 500,000 protein stability measurements. BioEmu 1.1 predicts functionally relevant conformational changes, including large-scale domain motions and local unfolding events + an increased success rate in predicting the formation of “cryptic” binding pockets. BioEmu 1.1 can emulate equilibrium distributions of millisecond-timescale MD at many orders of magnitude speedup, bringing GPU-years down to GPU-hours. BioEmu 1.1 improves ability to match experimental protein stability measurements with sampled protein structure ensembles with prediction errors below 1 kcal/mol, correlations >0.6 for a large protein stability test set, and train-test sequence similarities ~ 50%. This also holds up for predicting stability changes of single and double mutants. These results indicate that the encoding of protein mutants still resolves enough differences to be predictive when fine-tuned with the right data. Also available: MD simulations generated to train BioEmu – more than 100 milliseconds worth of data of 1000s of protein systems and 10,000s of mutants. This dataset stands out for its combined protein sequence diversity and simulation length. Learn more: https://msft.it/6044S7rAy

    MIL OSI Economics –

  • MIL-OSI Economics: AI at Work: Look for employees who excel at how they learn to think, learn and adapt

    Source: Microsoft

    Headline: AI at Work: Look for employees who excel at how they learn to think, learn and adapt

    My team recently partnered with NYU Stern on a project that challenged MBA students to design Frontier Firms, with AI at their operational core. Watching the final presentations, I was impressed by how well the students used AI to help write code, craft marketing strategies, and model financial scenarios, even when they lacked deep experience or formal backgrounds in those areas. 

    Then it occurred to me: I was watching the work of “Frontier Employees”—the new and necessary talent for the AI era, whose roles aren’t defined by what they already know but by their capacity to grow and put new skills to work. We’d given them access to the latest AI and agent capabilities with Copilot, empowering them to get work done that would have previously required decades of experience and expertise. But the tools alone don’t explain their success. To leverage AI to achieve what was previously impossible, they’d demonstrated three key skills: They learned to think, learned to learn, and learned to adapt.

    I believe these will be the defining skills of the Frontier Employee, and I encourage my own four kids—who range from college years to early in career—to develop them too.  
     
    Learn to think 
    There’s a common misconception that human thinking will be devalued in the AI-driven future. In fact, when AI is abundant and businesses can access intelligence on tap, human thought becomes more essential, not less.  

    In the AI era, humans will need to demonstrate strong critical thinking skills in two distinct and equally important ways. First, you become AI’s strategist: Frontier Employees curate, critique, and refine AI outputs to ensure accuracy and alignment with business goals. While you can delegate low-stakes, low-impact work to AI, for more meaningful projects, you should treat AI as a thought partner rather than a thought dispenser.  

    Second, you become AI’s teacher. Your thinking helps make AI better, because smart input from people produces rich data that fuels the technology’s growth and effectiveness. Without this ongoing human input, AI risks stagnation or even decline. 

    At Stern, the students conceived Frontier Firms in fields from biomedical research to fintech project management. By the end, every student had developed a powerful habit: Before accepting an AI-generated answer, they asked, “What might be missing or off in this response?” before moving forward. That pause—that moment of skepticism—is where critical thinking lives. 

    Learn to learn 
    In a world where AI is constantly evolving and changing job roles, a Frontier Employee’s ability to continuously acquire new skills is more important than mastering any single tool or technique. Taking courses alone won’t get you there. It’s about cultivating a mindset of curiosity, experimentation, and resilience, and then translating that mindset to performance. Successful leaders and employees will keep pace with AI’s evolution and understand when to unlearn, or let go of outdated knowledge. 

    Most of the MBA students didn’t start the project as AI experts. But they ramped up fast. In just a few weeks, they were building entire suites of agents—digital teammates that could run market research, analyze finances, or even simulate conversations with C-suite execs to pressure-test decisions. 

    In one case, a student with no marketing background became her startup’s CMO. She worked with Copilot to create an end-to-end marketing plan, complete with messaging, web design, and a brand palette, showing how AI can democratize expertise. “Unlearning” the idea that your education or background limits, defines, or uniquely qualifies you for a role presents an existential challenge for many. But those who embrace it will discover near-boundless career opportunities.  

    Learn to adapt 
    I’ve spent most of my career working on Microsoft productivity software, and we used to ship a new version every few years. Now, we’re launching new AI capabilities every few weeks. But it’s not only the pace of change that’s accelerating. By its very nature, AI is continuously evolving, and for Frontier Employees that means operating in an environment that requires continuous adaptation. 

    As the Stern students envisioned startups from the ground up, we urged them to break from familiar workflows and imagine entirely new patterns of collaboration. Historically, all work happened either by yourself or with other humans. In Frontier Firms, you work with and manage agents. That’s a radical adaptation that raised big questions: Which tasks still require human judgment? Where can agents take the lead? And in a team of humans and agents, how does decision-making evolve?  

    The students entered the MBA program a year ago, when the idea of a Frontier Firm had barely taken off. By the time they gave their final presentations, that idea had gained real momentum and was quickly transforming how new ventures take shape. By designing Frontier Firms from scratch, by using AI as the fundamental starting point for reimagining business, these students had to let go of the assumptions they arrived with and adapt to new realities in real-time.  

    Their success shows us something important about the future of work: the people who thrive will have solid thinking skills as their foundation, the ability to keep learning, and the openness to adjust course, constantly. These are deeply human skills that have always mattered—and always will.

    For more insights on AI and the future of work, subscribe to this newsletter.

    MIL OSI Economics –

  • MIL-OSI Economics: Secretary-General of ASEAN meets with the Secretary of State for Foreign, Commonwealth and Development Affairs of the United Kingdom

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, this evening engaged with the Secretary of State for Foreign, Commonwealth and Development Affairs of the United Kingdom, The Rt Hon David Lammy MP, on the sidelines of the 58th ASEAN Foreign Ministers’ Meeting (AMM) and Related Meetings in Kuala Lumpur, Malaysia. They discussed the latest developments and progress in ASEAN-UK cooperation and exchanged views on regional and international issues of mutual interest.

    The post Secretary-General of ASEAN meets with the Secretary of State for Foreign, Commonwealth and Development Affairs of the United Kingdom appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: Secretary-General of ASEAN meets with the Secretary of State for Foreign, Commonwealth and Development Affairs of the United Kingdom

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, this evening engaged with the Secretary of State for Foreign, Commonwealth and Development Affairs of the United Kingdom, The Rt Hon David Lammy MP, on the sidelines of the 58th ASEAN Foreign Ministers’ Meeting (AMM) and Related Meetings in Kuala Lumpur, Malaysia. They discussed the latest developments and progress in ASEAN-UK cooperation and exchanged views on regional and international issues of mutual interest.

    The post Secretary-General of ASEAN meets with the Secretary of State for Foreign, Commonwealth and Development Affairs of the United Kingdom appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: RBI to conduct 7-day Variable Rate Reverse Repo (VRRR) auction under LAF on July 11, 2025

    Source: Reserve Bank of India

    On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Friday, July 11, 2025, as under:

    Sl. No. Notified Amount
    (₹ crore)    		 Tenor (day) Window Timing Date of Reversal
    1 2,50,000 7 10:00 AM to 10:30 AM July 18, 2025
    (Friday)

    2. Further, on a review of evolving liquidity conditions, it has been decided not to conduct the 14-day main operation on Friday, July 11, 2025, for the ensuing fortnight.

    3. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

    Ajit Prasad          
    Deputy General Manager
    (Communications)     

    Press Release: 2025-2026/691

    MIL OSI Economics –

  • MIL-OSI Economics: RBI to conduct 7-day Variable Rate Reverse Repo (VRRR) auction under LAF on July 11, 2025

    Source: Reserve Bank of India

    On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Friday, July 11, 2025, as under:

    Sl. No. Notified Amount
    (₹ crore)    		 Tenor (day) Window Timing Date of Reversal
    1 2,50,000 7 10:00 AM to 10:30 AM July 18, 2025
    (Friday)

    2. Further, on a review of evolving liquidity conditions, it has been decided not to conduct the 14-day main operation on Friday, July 11, 2025, for the ensuing fortnight.

    3. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

    Ajit Prasad          
    Deputy General Manager
    (Communications)     

    Press Release: 2025-2026/691

    MIL OSI Economics –

  • MIL-OSI Economics: Identity fraud: BaFin warns consumers about the website allianz-invest.com

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    The unknown operators are using the email address info (at) allianz-invest.com to contact consumers, claiming that their offer is from Allianz SE. However, these claims are not correct. This is a case of identity fraud. Allianz SE is not associated with the website allianz-invest.com or the services offered on the website.

    BaFin is issuing this warning on the basis of section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG).

    Please be aware:

    BaFin warns consumers about fraudulent term deposit offers.

    You can view BaFin’s current warnings about companies operating without the required authorisation and find out how to protect yourself from fraudsters on the financial market in the “Recognising financial fraud” section of our website.

    MIL OSI Economics –

  • MIL-OSI Economics: Secretary-General of ASEAN Meets with the Minister of State for External Affairs of India

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today held a bilateral meeting with Minister of State for External Affairs of the Republic of India, Pabitra Margherita, on the sidelines of the 58th ASEAN Foreign Ministers’ Meeting (AMM) and Related Meetings in Kuala Lumpur, Malaysia. Both sides exchanged views on the progress of the ASEAN-India Comprehensive Strategic Partnership and discussed ways to further advance the cooperation and bringing it to greater heights. They also discussed regional and international issues of mutual interest and concern.

    The post Secretary-General of ASEAN Meets with the Minister of State for External Affairs of India appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: Secretary-General of ASEAN Meets with the Minister of State for External Affairs of India

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today held a bilateral meeting with Minister of State for External Affairs of the Republic of India, Pabitra Margherita, on the sidelines of the 58th ASEAN Foreign Ministers’ Meeting (AMM) and Related Meetings in Kuala Lumpur, Malaysia. Both sides exchanged views on the progress of the ASEAN-India Comprehensive Strategic Partnership and discussed ways to further advance the cooperation and bringing it to greater heights. They also discussed regional and international issues of mutual interest and concern.

    The post Secretary-General of ASEAN Meets with the Minister of State for External Affairs of India appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: Basel Committee shares report on interconnections between banks and non-bank financial intermediaries

    Source: Bank for International Settlements

    • The report reflects the findings of an analysis conducted as part of the Committee’s forward-looking work to identify and analyse risks and vulnerabilities to the banking system.
    • The report identifies the services banks and non-bank financial intermediaries (NBFIs) provide to each other and the trends shaping the relationship between them.
    • The Committee will continue to monitor and investigate the interconnections between banks and NBFIs with a particular focus on synthetic risk transfers.

    The Basel Committee on Banking Supervision has today published a horizon-scanning report on the interconnections between banks and non-bank financial intermediaries (NBFIs). The NBFI sector has grown rapidly in recent years and includes a broad range of entities including investment funds, insurance companies, pension funds and other types of financial intermediaries.

    Banks and NBFIs are linked by a wide range of activities and services and the sectors are mutually dependent. Banks provide leverage, clearing, market-making and underwriting services to NBFIs, trade derivatives with NBFIs and, in some cases, own NBFIs. These activities expose banks to a wide variety of risks. NBFIs are also exposed to banks through short-term cash placements, investment in securities issued by banks and trading activities. The nature of their linkages is shaped by market conditions and by regulatory reforms over the last several years.

    To explore the risks associated with banks’ interconnections with NBFIs, the report builds on several case studies to discuss stylised scenarios that illustrate possible impacts of NBFI failure on banks and financial stability. The report also discusses the importance of granular, timely and high-frequency data in understanding and monitoring linkages between banks and NBFIs.

    The Committee will continue to monitor and investigate the interconnections between banks and NBFIs with a particular focus on synthetic risk transfers (SRTs). The investigation will seek to better assess the benefits and risks posed by SRTs.

    MIL OSI Economics –