Category: Entertainment

  • MIL-OSI United Kingdom: Drivers warned to keep hands on the wheel, eyes on the road

    Source: City of Liverpool

    An alarming increase in the number of young people distracted while driving has been reported by road campaigners.

    In a bid to combat the rising tide of mobile phone use behind the wheel, Liverpool City Council has launched a hard-hitting campaign aimed at young drivers.

    The message is clear: Driving demands 100 per cent focus, and any distraction, especially from mobile phones, can have devastating consequences.

    The campaign comes as alarming statistics reveal a surge in mobile phone use among young drivers. According to the RAC’s 2024 Report on Motoring, a staggering 43 per cent of young motorists admit to listening to voice notes while driving without hands-free technology, and 40 per cent confess to recording messages. These figures starkly contrast with the overall driving population, where the rates are just 14 per cent and 9 per cent, respectively.

    Merseyside Police enforced nearly 2,500 mobile phone offences across Merseyside in 2024 – up from just over 1,600 in 2023.

    The consequences of getting caught using a handheld phone while driving are severe: six penalty points on your license and a £200 fine. If you get six or more points within two years of passing your test, your licence will be revoked – which means you’ll also have to apply and pay for a new provisional licence and pass both theory and practical parts of the driving or riding test again to get a full licence.

    You can also be taken to court where you can:

    • be banned from driving or motor cycle riding.
    • get a maximum fine of £1,000.

    Liverpool City Council is committed to making the City’s roads safer for everyone. This campaign is just one step in ongoing efforts to educate drivers and enforce the law.

    Cllr Dan Barrington, Liverpool City Council Cabinet Member for Transport and Connectivity, said: “Driving is a responsibility, not a game.

    “When you’re behind the wheel, your only ‘screen time’ should be looking through the windscreen. A momentary glance at your phone can lead to a lifetime of regret.

    “It’s deeply concerning to see such a high proportion of young drivers putting themselves and others at risk,” Cllr Barrington added.

    “We need to change this culture of distraction and make it clear that using a mobile phone while driving is simply unacceptable.

    “We understand the temptation to check your phone, especially for young people who are constantly connected,” Cllr Barrington acknowledged. “But no message, no notification, no call is worth risking your life or the lives of others. Put your phone away, focus on the road, and arrive safely.”

    Inspector Gavin Dixon of Merseyside Police, Roads Policing Department, said: “As a Roads Policing Department we have to deal with the very real consequences of distracted driving.

    “Every year people are killed or serious injured by drivers not paying attention, whether that be mobile phone use or some other in car distraction. We use a number of tactics to catch drivers that wish to put their own convenience before other people’s safety.

    “In the last 12 months, we have deployed unmarked vehicles, unmarked motorcycles, AI camera detection equipment and arial CCTV resulting in more and more people getting caught.

    “Our message is simple, leave your phone alone or we might be speaking to you next. We can’t be everywhere, but we can be anywhere.”

    MIL OSI United Kingdom

  • MIL-OSI Security: Five men convicted as the Met’s shoplifting crackdown continues

    Source: United Kingdom London Metropolitan Police

    Five men who targeted shops across Barnet have been convicted as part of the Met’s continued drive to bring London’s most prolific shoplifters to justice.

    Officers in Colindale made 18 arrests in the space of just four days and secured 85 charges.

    They identified the 15 worst affected shops across the borough that were repeatedly targeted over the past six months. They worked with staff and security teams to streamline the way they gathered evidence to identify persistent offenders.

    The operation was carried out between Thursday, 30 January and Sunday, 2 February.

    In one case, officers spotted a man wanted for a string of thefts in the area acting suspiciously by the Co-op on East Barnet Road at 07:30hrs on Saturday, 1 February, before heading inside.

    This led to them carrying out a carefully coordinated sting to arrest the offender, who was tackled to the ground by the exit as he attempted to make off on an electric scooter with a bag of stolen meat.

    The incident was caught on CCTV and the footage recovered as part of the investigation.

    Gavin Fonti, 44 (20.12.81), of no fixed address, was charged with theft from the store, as well as a further five counts of theft from a nearby BP Garage on Great North Road.

    He appeared at Willesden Magistrates Court on Monday, 3 February, where he was sentenced to 20 weeks in prison. 

    Sergeant Dave Salmon, from the Colindale Emergency Response Policing Team, said: 

    “This is an excellent example of neighbourhood policing at its best, and thanks to the awareness and quick-thinking of our officers, we’ve been able to remove more prolific shoplifters from our streets.

    “We know shoplifting has a significant impact on businesses and shop staff, as well as members of the public. It often fuels other crime and anti-social behaviour, so we’ve taken a proactive approach with the worst affected stores.

    “This is not only building stronger relationships between Safer Neighbourhood officers and local businesses, but also instilling more trust and confidence in local policing.”

    This work is another example of the steps the Met is taking to remove the worst offending shoplifters across the capital.

    Elsewhere in London, recent enforcement activity in Lambeth has led to 11 of the 14 most prolific shoplifters in the area serving prison terms, while in Homerton, officers have made 15 arrests relating to more 50 crimes since September 2024, of which six people are currently serving prison terms.

    Those sentenced alongside Fonti for offences in the Barnet area were:

    Craig Buttery, 36 (18.04.89), of no fixed address, was charged with 22 thefts and two breaches of a Community Banning Order, and will serve four months behind bars.

    Geoff Kilday, 49 (01.11.76), of no fixed address, has been handed a 12-week prison sentence after being charged with one count of theft.

    Mohammed Bey, 52 (13.11.73), of Creighton Avenue, Muswell Hill, was charged with one count of theft and given a 12-week suspended sentence for 12 months.

    While Leon Day, 42 (02.08.1983), of no fixed address, was sentenced to 24 weeks’ imprisonment after being charged with 21 counts of theft.

    MIL Security OSI

  • MIL-OSI: Robinhood Markets, Inc. Reports January 2025 Operating Data

    Source: GlobeNewswire (MIL-OSI)

    MENLO PARK, Calif., Feb. 14, 2025 (GLOBE NEWSWIRE) — Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today reported select monthly operating data for January 2025:

    • Funded Customers at the end of January were 25.5 million (up approximately 310 thousand from December 2024, up approximately 2 million year-over-year).
    • Assets Under Custody (AUC) at the end of January were $204 billion (up 6% from December 2024, up 99% year-over-year). Net Deposits were $5.6 billion in January, translating to a 35% annualized growth rate relative to December 2024 AUC. Over the last twelve months, Net Deposits were $52.3 billion, translating to an annual growth rate of 51% relative to January 2024 AUC.
    • Equity Notional Trading Volumes were $144.7 billion (down 3% from December 2024, up 144% year-over-year). Options Contracts Traded were 166.6 million (up 2% from December 2024, up 57% year-over-year). Crypto Notional Trading Volumes were $20.4 billion (down 32% from December 2024, up over 200% year-over-year).
    • Margin balances at the end of January were $8.3 billion (up 5% from the end of December 2024, up 131% year-over-year).
    • Total Cash Sweep balances at the end of January were $26.3 billion (up 1% from the end of December 2024, up 57% year-over-year).
    • Total Securities Lending Revenue in January was $25 million (down 11% from December 2024, up 108% year-over-year).
      January
    2025
    December
    2024
    M/M
    Change
    January
    2024
    Y/Y
    Change
    (M – in millions, B – in billions)          
    Funded Customer Growth (M)          
    Funded Customers 25.5 25.2 +1% 23.5 +9%
               
    Assets Under Custody (AUC) ($B)          
    Total AUC $203.7 $192.9 +6% $102.4 +99%
    Net Deposits $5.6 $5.3 NM $3.8 NM
               
    Trading          
    Trading Days (Equities and Options) 20 21 (5%) 21 (5%)
    Total Trading Volumes          
    Equity ($B) $144.7 $149.8 (3%) $59.3 +144%
    Options Contracts (M) 166.6 163.7 +2% 106.2 +57%
    Crypto ($B) $20.4 $30.2 (32%) $5.9 +246%
               
    Daily Average Revenue Trades (DARTs) (M)        
    Equity 2.6 2.8 (7%) 1.7 +53%
    Options 1.1 1.0 +10% 0.7 +57%
    Crypto 0.9 1.0 (10%) 0.3 +200%
               
    Customer Margin and Cash Sweep ($B)        
    Margin Book $8.3 $7.9 +5% $3.6 +131%
    Total Cash Sweep $26.3 $26.1 +1% $16.8 +57%
    Gold Cash Sweep $25.6 $25.4 +1% $16.1 +59%
    Non-Gold Cash Sweep $0.7 $0.7 $0.7
               
    Total Securities Lending Revenue ($M) $25 $28 (11%) $12 +108%
               

    For definitions and additional information regarding these metrics, please refer to Robinhood’s full monthly metrics release, which is available on investors.robinhood.com.

    The information in this release is unaudited and the information for the months in the most recent fiscal quarter is preliminary, based on Robinhood’s estimates, and subject to completion of financial closing procedures. Final results for the most recent fiscal quarter, as reported in Robinhood’s quarterly and annual filings with the U.S. Securities and Exchange Commission (“SEC”), might vary from the information in this release.

    About Robinhood

    Robinhood Markets, Inc. (NASDAQ: HOOD) transformed financial services by introducing commission-free stock trading and democratizing access to the markets for millions of investors. Today, Robinhood lets you trade stocks, options, futures (which includes options on futures, swaps, and event contracts), and crypto, invest for retirement, and earn with Robinhood Gold. Headquartered in Menlo Park, California, Robinhood puts customers in the driver’s seat, delivering unprecedented value and products intentionally designed for a new generation of investors. Additional information about Robinhood can be found at www.robinhood.com.

    Robinhood uses the “Overview” tab of its Investor Relations website (accessible at investors.robinhood.com/overview) and its Newsroom (accessible at newsroom.aboutrobinhood.com), as means of disclosing information to the public in a broad, non-exclusionary manner for purposes of the SEC Regulation Fair Disclosure (Reg. FD). Investors should routinely monitor those web pages, in addition to Robinhood’s press releases, SEC filings, and public conference calls and webcasts, as information posted on them could be deemed to be material information.

    “Robinhood” and the Robinhood feather logo are registered trademarks of Robinhood Markets, Inc. All other names are trademarks and/or registered trademarks of their respective owners.

    Contacts

    Investor Relations

    ir@robinhood.com

    Media

    press@robinhood.com

    The MIL Network

  • MIL-OSI: OTC Markets Group Welcomes Lake Ridge Bancorp, Inc. to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 14, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Lake Ridge Bancorp, Inc. (OTCQX: LRBI), the holding company for Lake Ridge Bank, has qualified to trade on the OTCQX® Best Market.

    Lake Ridge Bancorp, Inc. begins trading today on OTCQX under the symbol “LRBI.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    Graduating to the OTCQX Market marks an important milestone for community banks in the U.S. public markets. The OTCQX Market enables banks to maximize the value of being a public company by providing transparent trading and easy access to company information for shareholders. To qualify for OTCQX, community banks must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.  

    “We are so pleased to transition our stock trading activity to the OTC Markets Group Inc. With approximately 1,400 shareholders, we believe this is an appropriate step in providing our owners greater liquidity options as we continue to focus on long term shareholder value,” says Jim Tubbs, CEO of Lake Ridge Bank.

    About Lake Ridge Bancorp, Inc.
    Lake Ridge Bancorp, Inc. is the parent company of Lake Ridge Bank, which offers a full range of business and personal financial services, including business, real estate, agricultural, and consumer lending; crop insurance; wealth management and financial advisory services. With roots dating back to 1897, the bank is headquartered in Monona, Wisconsin with operations throughout southern Wisconsin. Lake Ridge Bank has approximately $3.0 billion in total assets and is the sixth largest bank in Wisconsin.

    About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.

    Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

    To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

    Media Contact:
    OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

    The MIL Network

  • MIL-OSI Global: ‘Myrrh, conifer oil and … breakfast tea’: my sniffer team’s surprise findings on what mummified bodies smell like

    Source: The Conversation – UK – By Cecilia Bembibre, Lecturer in Sustainable Heritage, UCL

    Mum’s the word. Banu Sevim

    When we see objects in museum display cases, it often doesn’t tell their whole story. One thing that tends to get ignored or even lost in the conservation process is the smell. We lose a lot of valuable information as a result, such as how the object was produced or how it functioned.

    My field is called sensory heritage, which relates to how we engage with heritage objects with senses other than vision. As part of this, I develop methods to identify and preserve culturally significant smells.

    For example, I have worked with St Paul’s Cathedral to recreate the scent of its library, to ensure that it can be experienced by future generations. I was also part of an EU-funded project called Odeuropa, which worked with computer scientists and historians to tell the stories of smells from 300 years of European history.

    With help from some perfumers, we brought back smells such as 17th-century Amsterdam, with its canals and linden trees. As a result, for example, visitors to Museum Ulm in southern Germany can experience our olfactory interpretations for ten of the paintings on display.

    My latest project delves much further into the past. I was asked by the University of Ljubljana, in association with the University of Krakow and the Egyptian Museum in Cairo, to help with a study of mummified bodies. Ljubljana was studying a mummified body in the national museum in Slovenia, and had been invited to extend its research to some mummified bodies in Cairo.

    The strict guidelines about studying these bodies stipulate that researchers must use techniques that are not destructive. One way is to see what can be learned by smelling, which is why I joined the project, led by Professor Matija Strlič and PhD researcher Emma Paolin.

    Sarcophaguses on display in Cairo.
    Author provided, CC BY-SA

    We studied nine mummified bodies at the Egyptian Museum, four of which were on display and five in storage. They span different time periods, with the oldest being from 3,500 years ago. They were also conserved in different ways and stored in different places, so they give a decent representation of all the mummified bodies in different collections around the world.

    I put together a team of eight expert sniffers, of which I was one. Some are specialists who have worked with me on other projects, while some are colleagues from the Egyptian Museum who were given smell training in advance. We wanted them on the panel because they are so familiar with the smells in question.

    The research

    We began by doing chemical analysis to ensure the bodies were safe to smell, since in prior decades they were treated with synthetic pesticides to keep them preserved. Several bodies had high concentrations of these pesticides, which could potentially be carcinogenic, so these were removed from the study.

    With the remaining nine, we slightly opened their sarcophaguses to insert little pipes and extract quantities of air. A measured volume of this air went into special bags which we took into a room away from display areas, so I and the other sniffers could experience them “nose on”.

    More air was captured inside metal tubes containing a polymer that traps the volatile organic compounds, so they could be studied in a laboratory at the University of Ljubljana. This air was subjected to various chemical analyses to see which compounds were present, and also separated into its constituent parts using chromatography, so that we sniffers could experience and describe each smell individually.

    This was very hard work: we usually took turns to sit on the end of a special machine with an outlet known as an olfactory port. You spend 15 to 20 minutes experiencing one smell after another, having to quickly describe them and rate their intensity. It can be as much as one smell every second, which can be overwhelming – hence the taking of turns.

    Emma Paolin taking her turn at the olfactory port in Ljubljana.
    Author provided, CC BY-SA

    Our findings

    I was more excited at the prospect of discovering something new than nervous about what it would be like to smell these ancient bodies. However, you’d be forgiven for thinking these odours would not be agreeable. From the accounts of archaeologists to movies such as The Mummy (1999), mummified bodies are associated with foul smells.

    Yet surprisingly, the smells were quite pleasant. The sniff team’s descriptions included “woody”, “floral”, “sweet”, “spicy”, “stale” and “resin-like”. We were able to identify ancient embalming ingredients including conifer oils, frankincense, myrrh and cinnamon.

    Opening the sarcophagus.
    Author provided, CC BY-SA

    We also identified degraded animal fats used in the mummification process; the human remains themselves; and both synthetic pesticides and benign plant-based pest oils that had more recently been used by the museum for preservation.

    Bodies in display cases had a stronger scent than those in storage, but none was as strong as, say, a perfume. Surprisingly, one smelled distinctly of black tea: when you smell a body from millennia ago, you certainly don’t expect to be transported back to your kitchen. The other sniffers agreed about the tea smell, and we later established that the source was probably a chemical called caryophyllene.

    Future steps

    Next, we will reconstruct the smell of the mummified bodies so that visitors to the Egyptian Museum can experience them first-hand. We’ll make both a faithful chemical construction of what we smelled, plus an interpretation of how the body would have smelled when it was sealed off in its tomb.

    It will probably be 2026 before the public can experience these. In the meantime, we’re also being approached by other museums with ancient Egyptian collections who are interested in working with us to apply similar methods.

    Separately, I am working with other colleagues on developing a catalogue for smells of cultural significance to the UK, including vintage cars, traditional dishes and more libraries.

    Gotta love the smell of an old library.
    Author provided, CC BY-SA

    Hopefully, our work with mummified bodies is an example of how you can bring back another dimension of heritage. Experiencing smells helps to give visitors a more holistic appreciation and understanding of the subjects.

    And everyone is fascinated by mummified bodies. Soon, it will be possible to put yourself in the shoes of the archaeologists who originally discovered their tombs, and revealed their secrets to the modern world.

    Part of the research mentioned in this piece was funded by the Slovenian Research and Innovation Agency (grant P1-0447), and the Odeuropa research was funded by the European Union’s Horizon 2020 research and innovation programme under grant agreement No. 101004469.

    ref. ‘Myrrh, conifer oil and … breakfast tea’: my sniffer team’s surprise findings on what mummified bodies smell like – https://theconversation.com/myrrh-conifer-oil-and-breakfast-tea-my-sniffer-teams-surprise-findings-on-what-mummified-bodies-smell-like-249904

    MIL OSI – Global Reports

  • MIL-OSI United Kingdom: Boost of nearly £10m for Wolverhampton city highways improvements

    Source: City of Wolverhampton

    Investment from the highways capital programme for 2025/26 will be bolstered by an extra £500,000 City of Wolverhampton Council commitment, bringing the total to £9.7 million.

    Potholes are a priority for the council and over the past year more than 7,900 have been repaired. But with more than 740 kilometres of carriageway to manage, prevention work is key.

    That is why the council uses a data driven, informed strategy to identify where targeted surfacing works can extend the life of roads – reducing the need for reactive repairs.

    Surface dressing is completed quickly with little disruption to traffic and protects the road from water and frost – one of the key causes of potholes.

    Where required the council also carries out full road resurfacing projects.

    Over the past 5 years the council has treated more than 560 square kilometres of carriageway by resurfacing or surface dressing and repaired more than 58,000 defects in roads and footways – up to 44 per working day.

    A range of new surface dressing and full resurfacing works are included in the proposed highway improvements for 2025/26.

    Other planned improvements include road safety and traffic management work with upgrades to the council’s car park management systems.

    There will also be a completion of the streetlighting upgrade, with almost 30,000 streetlights now switched to energy and money saving LED, helping cut carbon emissions.

    Councillor Qaiser Azeem, City of Wolverhampton Council’s Cabinet Member for Transport and Green City, said: “By investing we can ensure an efficient, safe and smooth flowing network for all modes of transport that supports businesses and helps achieve our sustainable regeneration ambitions and climate change commitments.

    “We know potholes are an important issue for people, as they are up and down the country.

    “We have a clear data led, long term strategy to tackling this which strikes a safe and prudent balance of reactive and preventative maintenance as we move forward.”

    The council will carry out the 2025/26 work under the next phase of its Highway Capital Programme. Funding has come through external grants and council resources.

    The programme has delivered £37.5 million worth of improvements and development work since 2020.

    Completed improvements in 2024/25 include several road safety and Safer Routes to Schools projects and a raft of maintenance works to carriageways, footpaths and structures, alongside surface treatments.

    There has been an expansion of the CCTV network and smart technology systems and further rollout of electronic driver information signs, helping to manage car parks across the city.

    The Highway Capital Programme aligns with the ongoing work of the Black Country Transport and Wolverhampton Major Transport Investment Programme to deliver transport schemes across the city and wider region, developed mainly with external funding.

    Projects for delivery under this programme include the development of electric vehicle (EV) infrastructure across the region, active travel schemes and the ongoing development of the A4123, A449 and A454 corridors.

    The planned improvements are pending approval at City of Wolverhampton Council’s Cabinet meeting on 19 February. 

    MIL OSI United Kingdom

  • MIL-OSI USA: Sols 4452-4453: Keeping Warm and Keeping Busy

    Source: NASA

    Earth planning date: Wednesday, Feb. 12, 2025
    I woke up this morning to my weather app telling me it felt like minus 15° C (5°F) outside. On days like this, it can take me a little longer to get myself up and out into the world. Curiosity has a similar problem — as we head toward winter and it gets colder and colder in Gale Crater, Curiosity has to spend more time warming up to do things like driving and all our good science. I’ve also been watching a couple winter storms that are expected in the next few days here in Toronto. Luckily, Curiosity doesn’t have to deal with snowstorms, and our drive in the last plan went ahead as planned and put us in a good position to go ahead with contact science today, a relief after having to forego it on Monday. 
    The contact science location that the geology team chose is called “Catalina Island,” the flat rock you can see in almost the center of the image above. As you can likely also see above, there’s a whole jumble of rocks in that image, and Mastcam and ChemCam have picked out a couple others to take a look at. These are “Point Dume,” which will be the target of ChemCam’s laser spectrometer, and “Whittier Narrows,” on which Mastcam will image some linear features. Mastcam and ChemCam are also turning their gazes further afield for Mastcam targets “Cleghorn Ridge,” “Cuyamaca Peak,” “Kratka Ridge,” and two long-distance ChemCam mosaics of the top of the Wilkerson butte and a spot a little further down known as “Pothole Trail.”
    Much like I’m keeping an eye out the window on the changing weather here, Curiosity is also continuing to keep an eye on the environment in Gale Crater. Even though it’s not the dusty season, we continue to monitor the dust around us and in the atmosphere with a dust-devil survey and a tau. But we’re especially interested in what the clouds are up to right now, which we’re checking in on with our normal zenith and suprahorizon movies, and our cloud-season-only Phase Function Sky Survey. This is a series of movies covering the whole sky that we can use to determine how sunlight interacts with the individual water-ice crystals in the clouds.
    Written by Alex Innanen, Atmospheric Scientist at York University

    MIL OSI USA News

  • MIL-OSI NGOs: Egypt: Authorities must immediately reveal whereabouts of Egyptian-Libyan activist Nasser al-Hawari

    Source: Amnesty International –

    Egyptian authorities must immediately reveal the whereabouts of Egyptian-Libyan activist and TV anchor Nasser al-Hawari, who was forcibly disappeared after being seized by plainclothes security officers outside his family home in Alexandria on 9 February, escorted into an unmarked van, and driven away, Amnesty International said today.

    He was arrested on the same day his TV show addressed violations against prisoners held in eastern Libya, an area under de facto control by the self-proclaimed Libyan Arab Armed Forces (LAAF) armed group, under the command of Khalifa Heftar. During the show, aired on the Libyan channel Al-Jamahiriya and broadcast from Egypt, Nasser al-Hawari promised to reveal further evidence of these violations.

    “Nasser al-Hawari’s distressed family have not heard from him since he was seized without explanation or an arrest warrant and subjected to enforced disappearance. Egyptian authorities must immediately reveal Nasser al-Hawari’s whereabouts and allow him to contact his family and lawyers,” said Amnesty International Researcher Mahmoud Shalaby.

    Egyptian authorities must immediately reveal Nasser al-Hawari’s whereabouts and allow him to contact his family and lawyers

    Mahmoud Shalaby, Amnesty International

    “They must also drop any investigations and charges solely related to his legitimate media work or for exercising his right to freedom of expression. The close relationship between the Egyptian government and Khalifa Heftar should never justify retaliating against Nasser al-Hawari for exposing human rights violations committed by forces under Khalifa Heftar’s command.”

    Nasser al-Hawari’s younger brother, who was with him at the time, was also arrested, briefly blindfolded and handcuffed in a van before being released and threatened with arrest if he reported his brother’s arrest. Security forces also confiscated his mobile phone.

    Since then, the family’s attempts to get information about Nasser al-Hawari’s whereabouts from the authorities have gone unanswered. Amnesty International reviewed copies of complaints sent by the family to Public Prosecution on 10 February to inquire about al-Hawari’s whereabouts. The family have yet to receive a response.

    Nasser al-Hawari, who established and headed the Libyan organization, Victims for Human Rights, fled Libya for Tunisia in January 2024, and reported being briefly detained by the Deterrence Apparatus for Combatting Terrorism and Organized Crime (DACTO) militia in Tripoli on 29 January 2024. He travelled to Egypt in June 2024.

    After videos appeared online in January 2025 showing detainees in Libya being subjected to torture and other ill-treatment, including beatings and flogging, in Gernada prison, under the control LAAF, Nasser al-Hawari made a number of public statements and TV appearances highlighting impunity for such crimes in eastern Libya, and calling for independent and impartial investigations. Amnesty International has long documented crimes under international law and other serious human rights violations committed by LAAF and allied armed groups, amid a climate of impunity and a brutal crackdown on all forms of dissent.

    MIL OSI NGO

  • MIL-OSI Asia-Pac: WAVES Explorer Challenge

    Source: Government of India

    Posted On: 14 FEB 2025 3:37PM by PIB Delhi

    Bringing India’s Vibrant Narratives to the Global Stage

     

    Introduction

    The WAVES Explorer Challenge is an exciting opportunity for creators and storytellers to showcase their vision of India through YouTube Shorts. Organised by the Internet and Mobile Association of India in collaboration with the Ministry of Information and Broadcasting, this initiative invites participants to capture the country’s vibrant streets, cultural heritage, scenic landscapes, and hidden gems. Centered around the theme “For the record, this is my India,” the challenge encourages creators to share unique perspectives that contribute to a larger narrative highlighting India’s diversity, authenticity, and creative spirit.

    This challenge is part of the Create in India Challenges, a flagship initiative under the World Audio Visual & Entertainment Summit (WAVES), which will be held from 1st to 4th May 2025 at Jio World Convention Centre & Jio World Gardens, Mumbai. Bringing together industry leaders, creators, and innovators, WAVES will foster discussions on emerging trends, opportunities, and challenges while serving as a global platform to promote India’s creative potential.

    At the heart of WAVES, the Create in India Challenges have garnered overwhelming participation, with over 70,000 registrations from across the world. Designed to inspire creativity and innovation, these challenges empower storytellers to push boundaries and redefine content creation. Of the 31 challenges launched so far, 22 have attracted global participation. As a flagship initiative of the Ministry of Information and Broadcasting, the challenges are strengthening India’s position as a dynamic hub for media and entertainment.

    Rules and Guidelines

    Awards & Recognition

    1. Winners will receive an invitation to a YouTube-hosted event scheduled for 2025.
    1. An exclusive, all-expenses-paid trip to attend the WAVES 2025 event.
    1. Winning entries will be showcased in the WAVES Hall of Fame at the event.

    Submit your entry through the submission form here.

    References:

    1. https://wavesindia.org/challenges-2025
    2. https://eventsites.iamai.in/Waves/explorer/

    Click here to download PDF

    ******

    Santosh Kumar/ Sarla Meena/ Saurabh Kalia

    (Release ID: 2103213) Visitor Counter : 69

    MIL OSI Asia Pacific News

  • MIL-OSI United Kingdom: Nearly £1m to support communities across London as Mayor launches new campaign to unite and celebrate Londoners

    Source: Mayor of London

    • Funding of more than £985,000 will help bring communities together through the Community Recovery Fund and Mayor’s Community Weekend
    • Mayor launches new Loved and Wanted campaign at Outernet to unite Londoners and celebrate the capital’s diversity, inclusivity and unity in the face of uncertain and unsettling times across the globe, and the impact of rising antisemitism and islamophobia
    • New polling shows that eight in 10 Londoners (79 per cent) think it’s important that there is an increase in a sense of unity amongst people in London
    • The campaign will be displayed all across the capital as more than 100 organisations and community groups join together to reiterate that London is a place for everyone

    The Mayor of London, Sadiq Khan, has today announced a package of almost £1million funding to support communities across London, as he launched a major new campaign to show that the capital is, and always will be, a place for everyone.

    The Mayor is working with London Councils, London Legal Support Trust and The National Lottery Community Fund to distribute more than £985,000 to community groups in every borough through the Government’s Community Recovery Fund and the National Lottery Community Fund.

    The funding announcement came as the Mayor launched a major new campaign to send a strong message to all of the capital’s communities that they are loved and wanted in London.

    The Loved and Wanted campaign brings together a broad range of organisations and community groups to show the world that diversity is London’s greatest strength and that people from all backgrounds are celebrated and welcomed.

    The campaign comes six months after disorder took place across towns and cities in the UK and at a time when fear and division is being spread in the UK and around the world. Since October 2023, the capital has seen a rise in antisemitism and islamophobia, and a rise in extreme right-wing activity has also left many fearful for their safety.

    New polling shows that eight in 10 Londoners (79 per cent) think it’s important that there is an increase in a sense of unity amongst people in London, and three quarters (75 per cent) say it’s important that the Mayor promotes it.

    The Mayor officially launched the campaign on Valentine’s Day at Outernet London, the largest digital exhibition space in Europe, which is hosting a ‘Loved and Wanted’ digital immersive experience. He was joined by faith leaders and representatives from London’s communities, including LGBTQI+, migrant and deaf and disabled Londoners, soul singer and activist Mica Paris and Ukrainian chef and digital artist Alisa Cooper to send a powerful message of unity to Londoners.

    Outernet’s screens will display the colourful ‘You are loved and wanted in London’ graphics throughout February. The message is also translated into 17 languages, alongside quotes from Londoners sharing examples about how they feel loved and wanted in the city.

    The campaign will feature a series of adverts across the capital, in community centres, cultural organisations, libraries, faith buildings, volunteering centres and online over the coming months. More than 130 organisations have signed up to share post cards and window stickers, including The Felix Project, Royal Academy of Arts, Black Cultural Centre, English National Ballet, London Museum, Bernie Grant Centre, Southbank Centre, churches, mosques and synagogues. The campaign will also showcase a range of stories of how Londoners continue to rally together, support each other, and stand up against hatred and division, whilst living in globally uncertain times.

    The Government’s Community Recovery Fund was made available by the Deputy Prime Minister following the disorder across the country last summer, with London allocated £600,000. A total of £510,000 will be distributed in grants between £700 and £22,000 to support groups with local events, education initiatives and improving access to facilities which bring communities together. A further £90,000 will be allocated to the London Legal Support Trust to provide support to free legal advice agencies in London, which were a target during the disorder. 

    The Mayor has also announced that £385,000 will be invested in the Mayor’s Community Weekend 2025, thanks to funding from The National Lottery Community Fund. From September 12-14 there will be a weekend of community events and activities to bring Londoners together to celebrate our city and make a positive difference. In 2023, 184 organisations took part with events in every London borough, including community sports days, community barbecues and picnics, arts and cultural events, creative workshops, and activities focusing on the environment, conservation and healthy eating.

    The Mayor of London, Sadiq Khan, said: “London is the greatest city in the world because of the incredible people who live here. Londoners come from every walk of life, from every religious, ethnic and social background and from all over the world to make this fantastic city. Sadly, we are living in increasingly uncertain and unsettling times and I know the worry and concern that this is having in our communities. That’s why we’re bringing together organisations and community groups across the capital to send a clear message that all Londoners are loved and wanted in our great city. London is, and always be, a place for everyone.”

    John Mothersole, England Chair at The National Lottery Community Fund, said: “We’re rooted in the communities we serve, whatever their needs and aspirations. After the hugely successful first Mayor’s Community Weekend in London, we’re delighted to be back for another special weekend of community-led activity. We believe in the power of communities and connection, and we can’t wait to see London’s diverse communities come together again. This weekend will showcase the lasting impact voluntary action can achieve for the city.”

    Shabna Begum, Chief Executive Officer at Runnymede Trust: “The Loved and Wanted campaign speaks to a social contract that moves beyond terms like ‘tolerance’ and ‘cohesion’, it celebrates the beauty of a city that is a rich tapestry of multiracial, multicultural and mixed class communities that live, work – and often struggle together. 

    “We welcome the package of investment in communities that the campaign promises, supporting organisations and infrastructures that enable togetherness, when we know that so many of our most vulnerable continue to face unprecedented levels of economic distress.  

    “At a time when our political conversation is saturated with narratives of hate and division and London is subjected to hyper-hostility by far-right actors who smear our diversity and difference, this campaign could not be more important. Loved and Wanted isn’t a romantic, aspirational statement, it is an account of our city that remembers the incredible archive of solidarity and anti-racist activism that shapes us and is a reminder that these histories are underpinned by the everyday rhythm of living and struggling together in our complex, convivial communities.”

    Zrinka Bralo, Chief Executive of Migrants Organise, said: “Many people are currently struggling to survive and make sense of the world. This is why fostering connections, building resilience within our communities, and taking meaningful action for dignity and justice is essential. London became my sanctuary 30 years ago when I fled war and genocide, and it continues to protect those in need. At Migrants Organise, we witness firsthand the devastating effects of the dehumanisation of refugees and migrants caused by hostile policies. We also see the solidarity and support from many Londoners, which never hits the headlines, because good people do good work quietly. For this reason, we value and welcome the Mayor’s leadership and the additional resources allocated to support all of London’s communities. These efforts represent a vital investment in cultivating unity, hope, and trust—qualities that are increasingly scarce around the world.” 

    Amanda Bowman, Co-Chair of the London Jewish Forum, said: “London is facing increasing challenges to social cohesion, which has had a particular impact on our Jewish community”. A report released this week on antisemitic incidents in 2024 revealed that over half of all anti-Jewish hate reported in the UK takes place in London. Against this backdrop, we welcome the ‘Loved and Wanted’ campaign, which seeks to bring communities together and strengthen a shared sense of belonging.

    “We look forward to working with the Mayor, his team, and London councils to celebrate the capital’s diversity, inclusivity and unity, particularly at this time of global uncertainty and division. Our priority is to ensure that London remains a safe and welcoming city for the Jewish community while continuing to build strong relationships with other communities to create an environment where everyone feels valued and welcome.”

    Abdurahman Sayed,  Muslim Cultural Heritage Centre CEO, said: “We wholeheartedly welcome the Mayor’s initiative to bring communities together at a time when unity and resilience are more needed than ever before. The funding of more than £985,000 through the Community Recovery Fund and Mayor’s Community Weekend will provide crucial support to grassroots organisations, helping to strengthen community ties and promote social cohesion.

    “The launch of the Loved and Wanted campaign is also a vital step in reaffirming London’s identity as a city of diversity, inclusivity, and unity. In a world facing uncertainty, it is essential to reinforce the message that London is a place for everyone.

    “With new polling showing that 79% of Londoners believe in the need for greater unity, it is encouraging to see over 100 organisations and community groups coming together to champion these values. We stand in full support of this initiative and look forward to seeing the positive impact it will have on communities across the capital.”

    Olympic triathlon gold medallist Alex Yee said: “I’m so proud to be from London because there’s nowhere else like it. I loved growing up in Lewisham as part of an extremely diverse community where everyone felt accepted. I hope the Loved and Wanted campaign shows how united Londoners truly are.”

    UK Queen of Soul Mica Paris MBE, said: “I’ve lived in LA, New York and Sydney, but London is my favourite city in the world and it’s where I am at my most creative. I grew up with English, Irish, African, Caribbean and Asian friends and that’s a key reason why London is so special and why we have such a rich music heritage. I’m proud to support the Mayor of London’s Loved and Wanted campaign.”

    Chef and entrepreneur Alisa Cooper, who moved to London under the Homes for Ukraine programme, said: “Being acknowledged and feeling seen in the Loved and Wanted campaign means a lot as London has become home to me and my son thanks to the generosity of strangers. Rebuilding our lives hasn’t been easy but the fantastic support we have received has kept us going. I hope this campaign helps further strengthen bonds between communities.”

    Philip O’Ferrall, CEO Outernet said:  “We are in a time where inclusivity and unity in all ways is more important than ever before.  London has always been enriched by the people we have welcomed and the communities that we have embraced and Outernet at its heart is about people coming together.  The Loved and Wanted campaign and its powerful message is something we at Outernet are proud to partner on with the Mayor and his team.” 

    MIL OSI United Kingdom

  • MIL-OSI Economics: Samsung KX Welcomes Secretary of State for Business and Trade to Host the Industrial Strategy Advisory Council

    Source: Samsung

    LONDON, U.K. – February 14, 2025 – Samsung KX welcomed the Secretary of State for Business and Trade, Jonathan Reynolds MP to host the Industrial Strategy Advisory Council.
     

     
    Secretary of State for Business and Trade, Jonathan Reynolds MP, met with Aleyne Johnson, Director of Government and External Relations at Samsung Electronics UK, to reinforce the strong and positive relationship between the UK and Samsung. The Secretary of State, responsible for overseeing the UK’s business and trade policies, toured Samsung KX, engaging with key innovative products such as our latest Samsung Galaxy S25 Ultra, The Frame Pro TV and smart home appliances.
     

     
    Speaking on Samsung in his speech, Secretary of State for Business and Trade, Jonathan Reynolds MP, said, “Samsung is a company synonymous with the best in cutting-edge design and innovation, and much of it is on full display here within these four walls. It is a fitting venue to discuss this government’s ambition to go further and faster in our growth mission.”
     
    Samsung KX, located in Coal Drops Yard, King’s Cross, London, is an experience space where visitors can explore the latest developments in culture and innovation powered by Samsung technology. The space offers an immersive brand experience, inviting guests to discover, interact with, and develop new skills in a dynamic environment.
     
    Aleyne Johnson, Director of Government and External Relations, Samsung UK, commented: “We were delighted to host the Secretary of State, Ministers and a number of other businesses at Samsung KX, our flagship retail space to discuss the Industrial Strategy. As a global tech company with its European HQ in the UK we continue to support the Government’s efforts to encourage growth and the positive use of technology.”
     
     

     
     
    About Samsung KX
    #SamsungKX is a 20,000 sq. ft experience space located in the heart of London’s Coal Drops Yard. This hub of innovation brings together culture, community and cutting-edge technology in a dynamic environment alongside local partners. Samsung KX represents the future of retail, designed to give guests the ultimate immersive brand experience where they can discover, be inspired and learn through a range of stimulating events, workshops and performances in both physical and virtual formats. What’s more, guests are rewarded with every purchase thanks to the unique KXtras programme as well as Click & Collect, the first of the brand’s UK retail spaces to offer the service on selected devices. For further information visit:  www.samsung.com/uk/kx
    About Samsung Electronics Co., Ltd.
    Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, digital appliances, network systems, and memory, system LSI, foundry and LED solutions. For the latest news, please visit the Samsung Newsroom at https://news.samsung.com/uk/
     
    About Coal Drops Yard
    Coal Drops Yard is a new shopping and restaurant district in London’s King’s Cross. Coal Drops Yard was originally established in 1850 to handle the eight million tonnes of coal delivered to the capital each year and was latterly the location of nightclubs Bagley’s and The Cross. The area reopened in October 2018, reinvented by the acclaimed Heatherwick Studio, which has interwoven a contemporary design with the surviving structures and rich ironwork of the original Victorian coal drops. Located within a reimagined set of historic buildings and arches directly adjacent to Granary Square and Regent’s Canal, Coal Drops Yard houses over fifty stores from a unique mix of established and emerging brands, along with cafés, bars, top independent restaurants and new public spaces. www.coaldropsyard.com @coaldropsyard
     

    MIL OSI Economics

  • MIL-OSI United Kingdom: Music Artist John Garrison visits former Coventry school

    Source: City of Coventry

    A former Finham Park student, now turned musician, producer and singer-songwriter, met with Coventry music students during his trip to his home city on Wednesday 12 and Thursday 13 February.

    Coventry Music were delighted to host the former Finham Park student, in partnership with the Ed Sheeran Foundation. John’s visit comes only a month after his good friend Ed Sheeran’s surprise visit to our city.

    Coventry Music were delighted to host the former Finham Park student, in partnership with the Ed Sheeran Foundation.

    Garrison has become a much in demand studio musician, playing on tracks by Ed Sheeran, Christine Aguilera, Robbie Williams, Lewis Capaldi, Sting, Josh Groban, Benson Boone and James Blunt to name a few. He also co-wrote the Robbie Williams and Sir Rod Stewart no.1 duet, ‘Fairytales’.

    Garrison’s visit comes only a month after his good friend Ed Sheeran’s surprise visit to our city.

    The musician is currently touring as a Bass Player with James Blunt and his visit aimed to help inspire students.

    Similarly to Ed, the artist began his trip by visiting grassroots music venue The TIN Music and Arts on Wednesday 12 February. John spent time getting involved in a creative music session with SoundLab-Cov – a successful Coventry Music programme.

    On Thursday 13 February, the multi-instrumentalist visited his old school, Finham Park and Coventry AP Academy. Garrison supported the young musicians with developing their skills, shared insights of the music industry and encouraged young people to explore creative careers. 

    John Garrison said: “When I was growing up in Coventry, there wasn’t really many options if you wanted make a career in music, other than forming a band and hoping for the best. So, when Ed told me about his Foundation and the amazing work of Coventry Music Hub and SoundLab, I just had to get involved.

    “I want to show Coventry kids that there are many paths into the music business. If a non-music reading kid from Finham like me can do it, anyone can. You just need to work hard and don’t take no for an answer.”

    Councillor Dr Kindy Sandhu, Cabinet Member for Education and Skills said: “It’s fantastic that John chose to come to his home city to see the brilliant music education work that goes on. As one of our former students, he’s a great role model for those students who want to follow in similar footsteps.

    “Music is a great way for self-expression and development of young people socially and John really inspired our young people to follow their creative careers during his visit.”

    As well as performing, Garrison also writes his own music, produces and remixes for other artists and composes for TV and Film with credits as a composer for Keeping up with the Kardashians, BBC Sports Personality of the Year and Brave New World.

    Garrison will now go straight from AP Academy to a sold out Leeds arena to rejoin the 2025 James Blunt tour.

    To keep up to date with the latest news, sign up for our Your Coventry email newsletter or follow the Council on FacebookX (formerly Twitter), YouTubeInstagramLinkedIn and TikTok.

    MIL OSI United Kingdom

  • MIL-OSI: Bitget Secures Virtual Asset Service Provider license in Bulgaria Aligning with its EU Expansion Plans

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, Feb. 14, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has obtained a Virtual Asset Service Provider (VASP) license from Bulgaria’s National Revenue Agency. The official licensing now enables Bitget to offer a comprehensive suite of crypto services within Bulgaria, including the exchange, trading, transfer, custody, and public offering of crypto assets, as well as wallet services. This aligns with Bitget’s broader plans of obtaining EU’s Markets in Crypto-Assets (MiCA) license, which will boost its foothold in the region.

    The VASP license in Bulgaria aligns with Bitget’s strategic expansion across the European Union. The company is actively preparing for compliance with the EU’s MiCA framework, which seeks to establish a unified regulatory environment for crypto assets throughout the region.

    “The successful application of the VASP license in Bulgaria is a part of Bitget’s expansion strategy to serve users across the European Union,” said Hon Ng, Chief Legal Officer at Bitget. “As the EU continues to lead with regulatory frameworks like MiCA, we see strong potential for sustainable growth and innovation in the region while maintaining compliance. Bulgaria serves as a strategic gateway for our European expansion, offering crypto-friendly ecosystems the chance to accelerate crypto’s adoption.”

    Ng added, “In 2025, we are excited to continue to grow Bitget’s global regulatory footprint in partnership with various regulators around the world. We have a sharp focus on meeting compliance standards in every jurisdiction where we operate and we have been investing in our compliance programme from day one. We believe that our approach enhances user trust, ensures market integrity while at the same time increasing global adoption of digital assets and ensures long-term sustainable growth as we align our operations with emerging regulations worldwide.”

    Bitget views regulatory compliance as an integral part of its future success, which is evident through its acquisition of approvals in key markets such as Poland, Italy, Lithuania, UK and now Bulgaria.

    The VASP license in Bulgaria grants Bitget the regulatory approval to offer a wide array of services to cater to the needs of digital asset users in the region. These services include the exchange of crypto assets, enabling seamless conversion between crypto and fiat; trading and transfer of crypto assets, facilitating efficient and secure transactions; and custody services, providing a strong framework for safeguarding user assets. Additionally, the license permits the public offering of crypto assets, supporting the scope for innovative token launches and opportunities.

    In the last three months alone, Bitget has put forth major licensing and expansion updates. It has secured a BSP license in El Salvador, approval in the UK to provide digital asset services, and has powered a compliant Vietnam-based exchange BitEXC. Recently, Forbes has ranked Bitget as one of the world’s most trustworthy exchanges and with Bulgaria’s VASP license, Bitget continues to make significant progress in this area. The company plans to collaborate closely with European regulators to ensure its products meet all regulatory requirements while prioritizing the protection of user assets and data.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices may fluctuate and experience price volatility. Only invest what you can afford to lose. The value of your investment may be impacted and it is possible that you may not achieve your financial goals or be able to recover your principal investment. You should always seek independent financial advice and consider your own financial experience and financial standing. Past performance is not a reliable measure of future performance. Bitget shall not be liable for any losses you may incur. Nothing here shall be construed as financial advice.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3dafce49-6bd9-4e83-9453-e5503f7b4596

    The MIL Network

  • MIL-OSI: TAP Protocol Launches its TAP Launch Bot, The Ultimate No-Code Solution to Launching Token Projects on Bitcoin With No Bonding Curve

    Source: GlobeNewswire (MIL-OSI)

    Berlin, Germany, Feb. 14, 2025 (GLOBE NEWSWIRE) — – TAP Protocol, a protocol that enables the development of decentralized applications (DApps) on Bitcoin Layer-1, is announcing the launch of its TAP Launch Bot to make it easier to create, launch and fund token projects on Bitcoin. The TAP Launch Bot, which is accessible via Telegram, has been developed to provide a seamless, guided experience for users wanting to launch Bitcoin projects and is designed as a no-code solution, empowering users to add to the thousands of tokens already launched on TAP Protocol, without any technical experience. 

    Unlike other launch platforms, the TAP Launch Bot eliminates the need for a bonding curve. Founders are able to transparently fund their projects via the Launch Bot’s ‘charge per mInt’ feature, which enables minters to pay with $TAP, and the founders’ desired (%) token reserve for their project also accumulates within the same wallet, so communities can easily monitor team funds as they grow. This aims to foster genuine community growth and trust, while promoting tangible value to the overall Bitcoin ecosystem.

    “With the TAP Launch Bot, we’re aiming to empower more users to create and build value on Bitcoin and it’s important that they’re able to do so in a simple, autonomous, transparent, and community-focused manner. We built the TAP Launch Bot on Telegram to make it easier for our community, and those who want to get involved,” states Markus Bopp, CEO and Founder of TAP Protocol. “TAP Protocol offers a direct route to launch Bitcoin projects but also raise capital using the LaunchBot’s ‘Charge per Mint’ feature, so creators can focus on building impactful projects.”

    By functioning as an “authority smart contract” the TAP Launch Bot streamlines and secures the fundraising process, This multi-token approach also enables more advanced tokenomic models for builders, with funds immediately available for project development, without teams having to immediately sell the project token in order to build.

    While the TAP Launch Bot offers advanced capabilities, its primary objective is simplicity. Featuring a Telegram-hosted chat-based interface similar to AI prompting, the bot is designed to be accessible to both seasoned developers and first-time creators. By streamlining token launches and funding, the TAP Launch Bot strengthens Bitcoin’s growing ecosystem, and reduces barriers to entry.

    Features of the TAP Launch Bot
    The TAP Launch Bot provides users with a seamless, intuitive experience, offering the following capabilities:

    • Simplicity: Launch projects without the need for coding or technical expertise.
    • No Bonding Curve: Instantly receive raised capital without waiting for market activity or intermediary approvals. 
    • Transparency and Autonomy: Full visibility and control over project funds via the $TAP token.
    • Bitcoin Native: Utilize the security and decentralization of the Bitcoin network.

    The TAP Launch Bot is the latest development from TAP Protocol, which has already delivered fully-decentralised, native Bitcoin DeFi by pioneering L1 co-processing, which leverages the strengths of other L1 chains, so enables the use of turing smart contracts for native Bitcoin assets, without users having to sacrifice custody and control of their assets.

    Having already demonstrated L1 co-processing on mainnet via ICP, the team are now developing the same interoperability for TRON, Cardano, Ethereum and Solana.

    The TAP Launch Bot, which is available to access on Telegram from February 2025, aims to further advance Bitcoin’s decentralized finance ecosystem. Its integration into the popular community platform Telegram, offers a gateway to financial independence and creative freedom. With its user-friendly interface and direct funding model, the TAP Launch Bot bridges educational and technical barriers to Bitcoin development and promotes accessibility and inclusion to the world’s most popular blockchain.

    Find out more about the TAP Launch Bot here: https://t.me/TapStarterBtcBot

    ENDS

    About TAP Protocol
    TAP Protocol is dedicated to advancing the interoperability of blockchain networks by providing solutions that bridge the gap between Ethereum and Bitcoin. With its focus on user experience and accessibility, TAP Protocol empowers users to leverage the full potential of decentralized finance.

    For more information, please visit https://www.tap-protocol.com/

    Media Contact:
    Romina Perino, Luna PR
    romina@lunapr.io 

    The MIL Network

  • MIL-OSI Economics: [Real Quantum Dot Guide] Samsung’s Innovations Redefine Picture Quality Standards

    Source: Samsung

    Quantum dots have attracted attention as next-generation material for a wide range of applications including displays, medical devices and solar cells. In 2014, Samsung Electronics developed the world’s first no-cadmium quantum dot material and successfully commercialized quantum dot technology with its SUHD TVs. Since 2017, the company has continued to build on its legacy of quantum dot mastery through QLED — its own quantum dot TV series. Samsung Newsroom explored how quantum dots are taking Samsung displays to the next level.

     
     
    Quantum Dots: The Next Generation of Display Innovation
    Quantum dots are ultra-fine semiconductor particles that are tens of thousands of times thinner than a human hair. Since inception, their physical characteristics that allow them to provide the highest level of color accuracy and brightness among existing materials had them positioned to revolutionize display technology.
     
    When used in displays, quantum dots support a wide color gamut that closely matches colors perceived by the human eye and facilitate pixel-level light adjustment for more accurate black levels. Emitting light in all directions, quantum dots deliver uniform luminance and consistent color from any viewing angle while minimizing blue light exposure for a more comfortable viewing experience.
     
    ▲ SUHD TVs at CES 2015
     
     
    What Sets Quantum Dot TVs Apart: Content, Film Quality and No-Cadmium Technology
    The TV industry continues research and development into the commercialization of quantum dots as the material becomes a game-changer in display technology. For that reason, a variety of quantum dot TVs have hit the market recently — offering a wide range of options to customers.
     
    However, key differences in quantum dot TVs lie in how the technology is implemented and the overall quality of the display. To ensure a premium viewing experience, factors such as the amount of quantum dot content, the quality of quantum dot film and the use of no-cadmium materials must be considered.
     
    ▲ Factors to consider when selecting a high-quality quantum dot TV
     
     
    Quantum Dot Content
    The true quality of a quantum dot TV is defined by its quantum dot content. The quantum dot layer requires a minimum of 30 parts per million (ppm) of the material to achieve the vivid, rich picture quality and color expression that only quantum dots can deliver.
     
     
    Quantum Dot Film
    Quantum dot displays have a simpler and more efficient structure compared to LCDs. Samsung QLEDs eliminate the need for a phosphor layer, enhancing light and energy efficiency while delivering more vivid colors. A quantum dot OLED (QD-OLED), which consists of a thin-film transistor (TFT) layer,1 a self-emitting light source and a quantum dot film that uses the light emitted from the light source, takes a step further enhancing picture quality. In either case, a dedicated quantum dot film that contains sufficient quantum dots is key in delivering top-class picture quality and longevity.
     
    ▲ A comparison of QD-OLED and LCD displays
     
     
    No Cadmium
    In the early stages of developing quantum dot TVs, cadmium was essential to achieving the key benefits of quantum dots such as color reproduction and contrast ratio. At the time, cadmium was considered the most efficient material for producing quantum dots.
     
    However, cadmium’s toxicity became a significant obstacle to the commercialization of quantum dot technology. The element posed serious threats to the environment — making its widespread use difficult despite being the most suitable material for implementing quantum dot technology.
     
    In response to this challenge, Samsung developed the world’s first no-cadmium quantum dot material in 2014 and successfully commercialized quantum dot technology with its SUHD TVs in the following year to open a new era of quantum dot TVs.
     
     
    10 Years of Quantum Dot Innovation and Leadership
    Samsung has quickly recognized the potential of quantum dot technology and led innovation in the global display market over the past decade through continuous research and investment.
     
    ▲ A timeline of Samsung’s quantum dot technology development from 2001 to 2022
     
    Samsung began researching and developing quantum dot technology in 2001 — at a time when there was limited research on non-cadmium materials. Achieving vivid colors required making the nano-sized particles uniform, but the lack of technology and research made mass production extremely challenging.
     
    Despite these obstacles, Samsung succeeded in creating a no-cadmium nanocrystal material in 2014. Since then, the company has accumulated extensive expertise — registering more than 150 patents — and continuously worked on advancing the technology. Samsung’s long-standing commitment culminated in 2015 when the company unveiled the world’s first SUHD TVs with no-cadmium quantum dot technology.
     
    ▲ QLED TVs (75Q8C and 88Q8F) at Samsung’s First Look 2017 event during CES 2017
     
    Samsung’s QLED lineup was revealed in 2017, setting a new standard for premium TVs that overcame the limitations of OLED TVs. By applying metal quantum dot technology, Samsung achieved the Digital Cinema Initiative’s color standard DCI-P3 and achieved 100% color volume for the first time in the world — thereby presenting unparalleled color expression. Notably, the use of inorganic quantum dot technology protected the screens from burn-in2 to ensure consistent picture quality over time.
     
    ▲ (From left to right) Kwang-Hee Kim, Dr. Taehyung Kim, Dr, Eunjoo Jang, Sungwoo Kim and Seon-Myeong Choi from Samsung Advanced Institute of Technology
     
    Following its success in developing a red light-emitting element for displays in 2019, the company enhanced the luminous efficiency of blue self-emitting QLEDs — considered the most challenging to implement among the three primary QLED colors3 — to an industry-leading 20.2%.
     
    “Discovering a blue material for self-emitting QLEDs and demonstrating industry-leading performance at the device level were significant achievements of this research,” said Dr. Eunjoo Chang, a fellow at Samsung Advanced Institute of Technology. “Samsung’s distinctive quantum dot technology has once again overcome technical barriers.”
     
    This cutting-edge advancements led to the launch of the QD-OLED TVs, making history at CES 2022 by winning the Best of Innovation award for integrating quantum dot technology and OLED displays.
     
    Samsung remains dedicated to advancing quantum dot technology through continuous innovation. The company continues to invest in leading display technology — from QLED to Neo OLED — by offering high brightness, color accuracy and frequency. Driven by Samsung’s unrivaled quantum dot innovations, the future of display technology is brighter than ever.
     
     
    1 An electronic circuit that adjusts and controls the light-emitting layers2 Occurs when a static image is displayed for too long, causing color distortions or ghost images to remain on screen3 Red, green and blue

    MIL OSI Economics

  • MIL-OSI: BYDFi Partners with Safeheron to Launch MoonX, the Safest Way to Trade MemeCoins

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Feb. 14, 2025 (GLOBE NEWSWIRE) — BYDFi, a well-known crypto exchange, officially announced the upcoming launch of its new Web3 on-chain trading platform, MoonX. Specifically designed for Meme Coin traders, MoonX will provide a fast, secure, and intuitive on-chain trading experience. The platform integrates core security technologies from Safeheron, a premier self-custody platform for digital assets, leveraging cutting-edge technologies such as Secure Multi-Party Computation (MPC) and Trusted Execution Environment (TEE) to build an industry-leading key management system that ensures the highest level of security for users’ assets.

    Meme Coin Surge Fuels On-Chain Trading Growth

    Over the past year, the surge in Meme Coin trading has led to an unprecedented rise in on-chain transaction volume. In 2024, transaction fees from Meme Coin trading on the Solana blockchain ecosystem alone exceeded $3.093 billion, contributing to the historic increase in on-chain trading activity. However, alongside this growth, security concerns have become more pronounced. On November 16, 2024, the decentralized exchange (DEX) DEXX was attacked by hackers, resulting in the theft of users’ private keys and a loss of $20 million in assets. This breach raised serious concerns about the security vulnerabilities of on-chain trading and the importance of private key protection.

    BYDFi Partners with Safeheron to Fully Upgrade On-Chain Trading Security

    Every day, thousands of new Meme tokens emerge, and traders face the challenge of selecting quality projects while navigating extreme market volatility. At the same time, the threat to private key security remains one of the most pressing issues in the Web3 space.

    As a globally renowned crypto exchange, BYDFi has always placed a premium on security. Its collaboration with Safeheron brings MoonX the best-in-class security features built on decentralized trust models. Safeheron’s use of MPC and TEE technologies will provide comprehensive key management and transaction signature protection for MoonX, addressing the most critical vulnerabilities in Web3 environments.

    MoonX: The Ultimate On-Chain Trading Arena for Degen Traders

    The high volatility of the Meme Coin market has attracted a wave of Degen traders—speculators who thrive on high-risk, high-reward trades. These traders are constantly searching for the next 100x Gems. MoonX is purpose-built for this audience, enabling on-chain trading of assets across major blockchains including Solana, Ethereum, Base, and BNB Chain. The platform supports over 500,000 token pairs, coupled with powerful market analysis tools to assist traders in making informed decisions.

    MoonX offers an array of specialized, professional-grade trading features designed to optimize the user experience:

    • Take-Profit & Stop-Loss Orders
    • Smart Money & Signal Copy Trading
    • Limit Orders & One-Click Buy/Sell
    • Sell Half on a Double

    Michael, Co-Founder of BYDFi, stated:

    “MOONX is more than just a trading tool—it represents BYDFi’s vision and commitment to the future of Web3. By integrating Safeheron’s cutting-edge security technology, we aim to deliver the safest and most efficient Meme Coin trading environment, eliminating security risks in Web3 trading entirely.”

    MoonX is currently in the final stages of development and will soon be launched. Stay tuned to BYDFi’s official channels for the latest updates.

    About Safeheron

    Safeheron is a global leader in open-source, transparent digital asset self-custody solutions, founded in 2021 and headquartered in Singapore. Utilizing Secure technologies, Safeheron provides institutional clients with the highest level of security in digital asset self-custody services and MPC privatization solutions, enhancing both security and management efficiency.

    Website: https://safeheron.com/ Twitter: https://twitter.com/Safeheron

    About BYDFi

    BYDFi is a Forbes-recognized global top 10 crypto exchange, founded in 2020 and trusted by over 1,000,000 users worldwide. The platform has obtained Money Services Business (MSB) licenses in multiple countries and regions and is a member of the Korea CODE VASP alliance, reinforcing its commitment to regulatory compliance. All platform assets are held with at least a 1:1 reserve ratio, and Proof of Reserves (POR) reports are regularly published to uphold the highest asset security standards.

    • Website: https://www.bydfi.com
    • Support Email: CS@bydfi.com
    • Business Partnerships: BD@bydfi.com
    • Media Inquiries: media@bydfi.com

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    The MIL Network

  • MIL-OSI Asia-Pac: President Lai holds press conference following high-level national security meeting

    Source: Republic of China Taiwan

    Details
    2025-01-01
    President Lai delivers 2025 New Year’s Address
    On the morning of January 1, President Lai Ching-te delivered his 2025 New Year’s Address, titled “Bolstering National Strength through Democracy to Enter a New Global Landscape,” in the Reception Hall of the Presidential Office. President Lai stated that today’s Taiwan is receiving international recognition for its performance in many areas, among them democracy, technology, and economy. In this new year, he said, Taiwan must be united, and we must continue on the right course. The president expressed hope that everyone in the central and local governments, regardless of party, can work hard together, allowing Taiwan sure footing as it strides forward toward ever greater achievements.  President Lai emphasized that in 2025, we must keep firm on the path of democracy, continue to bolster our national strength, make Taiwan more economically resilient, enhance the resilience of supply chains for global democracies, and continue working toward a Balanced Taiwan and generational justice, ensuring that the fruits of our economic growth can be enjoyed by all our people. The president said that Taiwan will keep going strong, and we will keep walking tall as we enter the new global landscape. A translation of President Lai’s address follows: Today is the first day of 2025. With a new year comes new beginnings. I wish that Taiwan enjoys peace, prosperity, and success, and that our people lead happy lives. Taiwan truly finished 2024 strong. Though there were many challenges, there were also many triumphs. We withstood earthquakes and typhoons, and stood firm in the face of constant challenges posed by authoritarianism. We also shared glory as Taiwan won the Premier12 baseball championship, and now Taiwanese people around the world are all familiar with the gesture for Team Taiwan. At the Paris Olympics, Wang Chi-lin (王齊麟) and Lee Yang (李洋) clinched another gold in men’s doubles badminton. Lin Yu-ting (林郁婷) took home Taiwan’s first Olympic gold in boxing. At the International Junior Science Olympiad, every student in our delegation of six won a gold medal. And Yang Shuang-zi’s (楊双子) novel Taiwan Travelogue, translated into English by King Lin (金翎), became a United States National Book Award winner and a tour de force of Taiwan literature on the international level. Our heroes of Taiwan are defined by neither age nor discipline. They have taken home top prizes at international competitions and set new records. They tell Taiwan’s story through their outstanding performances, letting the world see the spirit and culture of Taiwan, and filling all our citizens with pride. My fellow citizens, we have stood together through thick and thin; we have shared our ups and downs. We have wept together, and we have laughed together. We are all one family, all members of Team Taiwan. I want to thank each of our citizens for their dedication, fueling Taiwan’s progress and bringing our nation glory. You have given Taiwan even greater strength to stand out on the global stage. In this new year, we must continue bringing Taiwan’s stories to the world, and make Taiwan’s successes a force for global progress. In 2025, the world will be entering a new landscape. Last year, over 70 countries held elections, and the will of the people has changed with the times. As many countries turn new pages politically, and in the midst of rapid international developments, Taiwan must continue marching forward with steady strides. First, we must keep firm on the path of democracy. Taiwan made it through a dark age of authoritarianism and has since become a glorious beacon of democracy in Asia. This was achieved through the sacrifices of our democratic forebears and the joint efforts of all our citizens. Democracy’s value to Taiwan lies not just in our free way of life, or in the force driving the diverse and vigorous growth of our society. Democracy is the brand that has earned us international trust in terms of diplomacy. No matter the threat or challenge Taiwan may face, democracy is Taiwan’s only path forward. We will not turn back. Domestic competition among political parties is a part of democracy. But domestic political disputes must be resolved democratically, within the constitutional system. This is the only way democracy can continue to grow. The Executive Yuan has the right to request a reconsideration of the controversial bills passed in the Legislative Yuan, giving it room for reexamination. Constitutional institutions can also lodge a petition for a constitutional interpretation, and through Constitutional Court adjudication, ensure a separation of powers, safeguard constitutional order, and gradually consolidate the constitutional system. The people also have the right of election, recall, initiative, and referendum, and can bring together even greater democratic power to show the true meaning of sovereignty in the hands of the people. In this new year, the changing international landscape will present democratic nations around the world with many grave challenges. Russia’s invasion of Ukraine and conflict between Israel and Hamas rage on, and we are seeing the continued convergence of authoritarian regimes including China, Russia, North Korea, and Iran, threatening the rules-based international order and severely affecting peace and stability in the Indo-Pacific region and the world at large. Peace and stability in the Taiwan Strait are essential components for global security and prosperity. Taiwan needs to prepare for danger in times of peace. We must continue increasing our national defense budget, bolster our national defense capabilities, and show our determination to protect our country. Everyone has a responsibility to safeguard Taiwan’s democracy and security. We must gather together every bit of strength we have to enhance whole-of-society defense resilience, and build capabilities to respond to major disasters and deter threats or encroachment. We must also strengthen communication with society to combat information and cognitive warfare, so that the populace rejects threats and enticements and jointly guards against malicious infiltration by external forces. Here at home, we must consolidate democracy with democracy. Internationally, we must make friends worldwide through democracy. This is how we will ensure security and peace. The more secure Taiwan, the more secure the world. The more resilient Taiwan, the sounder the defense of global democracy. The global democratic community should work even closer together to support the democratic umbrella as we seek ways to resolve the war in Ukraine and conflict between Israel and Hamas. Together, we must uphold stability in the Taiwan Strait and security in the Indo-Pacific, and achieve our goal of global peace. Second, we must continue to bolster our national strength, make Taiwan more economically resilient, and enhance the resilience of supply chains for global democracies. In the first half of 2024, growth in the Taiwan Stock Index was the highest in the world. Our economic growth rate for the year as a whole is expected to reach 4.2 percent, leading among the Four Asian Tigers. Domestic investment is soaring, having exceeded NT$5 trillion, and inflation is gradually stabilizing. Export orders from January to November totaled US$536.6 billion, up 3.7 percent from the same period in 2023. And compared over the same period, exports saw a 9.9 percent increase, reaching US$431.5 billion. Recent surveys also show that in 2024, the average increase in salaries at companies was higher than that in 2023. Additionally, over 90 percent of companies plan to raise salaries this year, which is an eight-year high. All signs indicate that Taiwan’s economic climate continues to recover, and that our economy is growing steadily. Our overall economic performance is impressive; still, we must continue to pay attention to the impact on Taiwan’s industries from the changing geopolitical landscape, uncertainties in the global economic environment, and dumping by the “red supply chain.”  For a nation, all sectors and professions are equally important; only when all our industries are strong can Taiwan be strong as a nation. Our micro-, small-, and medium-sized enterprises (MSMEs) are the lifeblood of Taiwan, and the development of our various industrial parks has given Taiwan the impetus for our prosperity. We must carry the spirit of “Made in Taiwan” forward, bringing it to ever greater heights. Thus, beyond just developing our high-tech industry, our Executive Yuan has already proposed a solution that will help traditional industries and MSMEs comprehensively adopt technology applications, engage in the digital and net-zero twin transition, and develop channels, all for better operational structures and higher productivity. Taiwan must continue enhancing its economic resilience. In recent years, Taiwan has significantly increased its investments in the US, Japan, Europe, and the New Southbound countries, and such investment has already surpassed investment in China. This indicates that our efforts in diversifying markets and reducing reliance on any single market are working. Moving forward, we must keep providing assistance so that Taiwan industries can expand their global presence and market internationally from a solid base here in Taiwan. At the same time, Taiwan must use democracy to promote economic growth with the rest of the world. We must leverage our strengths in the semiconductor and AI industries. We must link with democratic countries so that we can together enhance the resilience of supply chains for global democracies. And through international cooperation across many sectors, such as UAVs, low-orbit communications satellites, robots, military, security and surveillance, or biopharmaceuticals, renewable energy technology, new agriculture, and the circular economy, we must keep abreast of the latest cutting-edge technology and promote diverse development. This approach will help Taiwan remain a leader in advancing global democratic supply chains, ensuring their security and stability. Third, we must continue working toward a Balanced Taiwan and generational justice, ensuring that the fruits of our economic growth can be enjoyed by all our people. Democracy means the people have the final say. Our nation belongs to all 23 million of us, without regard for ethnic group, generation, political party, or whether we live in urban or rural areas. In this new year, we must continue to pursue policies that promote the well-being of the nation and the people. But to that end, the central government needs adequate financial resources to ensure that it can enact each of these measures. Therefore, I hope that the ruling and opposition parties can each soberly reconsider the amendments to the Act Governing the Allocation of Government Revenues and Expenditures and find a path forward that ensures the lasting peace and stability of our country. For nine consecutive years, the minimum wage has continued to rise. Effective today, the minimum monthly salary is being raised from NT$27,470 to NT$28,590, and the hourly salary from NT$183 to NT$190. We hope by raising the pay for military personnel, civil servants, and educators for two consecutive years, coupled with benefits through wage increases and tax reductions, that private businesses will also raise wages, allowing all our people to enjoy the fruits of our economic growth. I know that everyone wants to pay lower taxes and rent. This year, we will continue to promote tax reductions. For example, unmarried individuals with an annual income of NT$446,000 or less can be exempt from paying income tax. Dual-income families with an annual income of NT$892,000 or less and dual-income families with two children aged six or younger with an annual income of NT$1,461,000 or less are also exempt from paying income tax. Additionally, the number of rent-subsidized housing units will also be increased, from 500,000 to 750,000 units, helping lighten the load for everyone. This year, the age eligibility for claiming Culture Points has been lowered from 16 to 13 years, so that now young people aged between 13 and 22 can receive government support for experiencing more in the arts. Also, our Taiwan Global Pathfinders Initiative is about to take effect, which will help more young people in Taiwan realize their dreams by taking part in education and exchange activities in many places around the world. We are also in the process of establishing a sports ministry to help young athletes achieve their dreams on the field, court, and beyond. The ministry will also be active in developing various sports industries and bringing sports and athletics more into the lives of the people, making our people healthier as a result. This year, as Taiwan becomes a “super-aged society,” we will launch our Long-term Care 3.0 Plan to provide better all-around care for our seniors. And we will expand the scope of cancer screening eligibility and services, all aimed at creating a Healthy Taiwan. In addition, Taiwan will officially begin collecting fees for its carbon fee system today. This brings us closer in line with global practices and helps us along the path to our goal of net-zero emissions by 2050. We will also continue on the path to achieving a Balanced Taiwan. Last month, the Executive Yuan launched the Trillion NT Dollar Investment National Development Plan and its six major regional flagship projects. Both of these initiatives will continue to expand the investment in our public infrastructure and the development of local specialty industries, narrowing urban-rural and wealth gaps so that all our people can live and work in peace and happiness. My fellow citizens, today’s Taiwan is receiving international recognition for its performance in many areas, among them democracy, technology, and economy. This tells us that national development is moving in the right direction. In this new year, Taiwan must be united, and we must continue on the right course. We hope that everyone in the central and local governments, regardless of party, can work hard together to ensure that national policies are successfully implemented, with the people’s well-being as our top priority. This will allow Taiwan sure footing as it strides forward toward ever greater achievements. In this new year, we have many more brilliant stories of Taiwan to share with the world, inspiring all Taiwanese, both here and around the world, to cheer time and again for the glory of Taiwan. Taiwan will keep going strong. And we will keep walking tall as we enter the new global landscape. Thank you.

    Details
    2025-01-01
    President Lai delivers 2024 National Day Address
    President Lai Ching-te on the morning of October 10 attended the ROC’s 113th Double Tenth National Day Celebration in the plaza fronting the Presidential Office Building, and delivered an address titled “Taiwan Together for Our Shared Dream.” A translation of the president’s address follows: National Day Celebration Chairperson Han Kuo-yu (韓國瑜), Vice President Bi-khim Hsiao, Premier Cho Jung-tai (卓榮泰), Prime Minister of Tuvalu Feleti Teo and Madame Tausaga Teo, heads of delegations from diplomatic allies and friendly nations, distinguished guests from home and abroad, and my fellow citizens here in person and watching on TV or online: Good morning. Today, we gather together to celebrate the birthday of the Republic of China, praise the beautiful Taiwan of today, and usher in the better Taiwan for tomorrow. One hundred and thirteen years ago, a group of people full of ideals and aspirations rose in revolt and overthrew the imperial regime. Their dream was to establish a democratic republic of the people, to be governed by the people and for the people. Their ideal was to create a nation of freedom, equality, and benevolence. However, the dream of democracy was engulfed in the raging flames of war. The ideal of freedom had for long eroded under authoritarian rule. But we will never forget the Battle of Guningtou 75 years ago, or the August 23 Artillery Battle 66 years ago. Though we arrived on this land at different times and belonged to different communities, we defended Taiwan, Penghu, Kinmen, and Matsu. We defended the Republic of China. We will never forget the Kaohsiung Incident 45 years ago, or wave after wave of democracy movements. Again and again, people who carried the dream of democracy and the ideal of freedom, through valiant sacrifice and devotion, gave their lives to open the door to democracy. Over more than a century, the people’s desire to master their own destiny has finally been fulfilled. My fellow citizens, though the Republic of China was driven out of the international community, the people of Taiwan have never exiled themselves. On this land, the people of Taiwan toil and labor, but when our friends face natural disasters or an unprecedented pandemic, we do not hesitate to extend a helping hand. “Taiwan Can Help” is not just a slogan. It is a movement by the people of Taiwan to cherish peace and do good for others. In the past, our people, going out into the world equipped with only a briefcase, sparked Taiwan’s economic achievements. Now, Taiwan’s chip technology drives the whole world, and has become a global force for prosperity and development. The people of Taiwan are diverse, and they are fearless. Our own Nymphia Wind is a queen on the world stage. The people of Taiwan are truly courageous. Lin Yu-ting (林郁婷), a daughter of Taiwan, is a queen of the boxing world. At 17 years old, Taiwan’s own Tsai Yun-rong (蔡昀融) put steady hands to work and won first place for woodwork in a global skills competition. Chen Sz-yuan (陳思源), at 20, took first for refrigeration and air conditioning, using the skills passed down by his father. A new generation of “Made in Taiwan” youth is putting a new shine on an old label. I want to thank generation after generation of fellow citizens for coming together and staying together through thick and thin. The Republic of China has already put down roots in Taiwan, Penghu, Kinmen, and Matsu. And the Republic of China and the People’s Republic of China are not subordinate to each other. On this land, democracy and freedom are growing and thriving. The People’s Republic of China has no right to represent Taiwan. The 23 million people of Taiwan, now more than ever, must reach out our branches to embrace the future. My fellow citizens, we have overcome challenge after challenge. All along, the Republic of China has shown steadfast resolve; and all along, the people of Taiwan have shown unwavering tenacity. We fully understand that our views are not all the same, but we have always been willing to accept one another. We fully understand that we have differences in opinion, but we have always been willing to keep moving forward hand in hand. This is how the Republic of China Taiwan became what it is today. As president, my mission is to ensure that our nation endures and progresses, and to unite the 23 million people of Taiwan. I will also uphold the commitment to resist annexation or encroachment upon our sovereignty. It is also my mission to safeguard the lives and property of the public, firmly carry out our Four Pillars of Peace action plan, strengthen national defense, stand side by side with democratic countries, jointly demonstrate the strength of deterrence, and ensure peace through strength, so that all generations can lead good lives. All the more, my mission is to care for the lives and livelihoods of the 23 million people of Taiwan, actively develop our economy, and expand investment in social care. I must also ensure that the fruits of our economic growth can be enjoyed by all our people. However, Taiwan faces relentless challenges, and the world’s challenges are just as much our own. The world must achieve sustainable development as we grapple with global climate change. Sudden outbreaks of infectious diseases impact human lives and health around the globe. And expanding authoritarianism is posing a host of challenges to the rules-based international order, threatening our hard-won free and democratic way of life. For these reasons, I have established three committees at the Presidential Office: the National Climate Change Committee, the Healthy Taiwan Promotion Committee, and the Whole-of-Society Defense Resilience Committee. These committees are interrelated, and they are closely connected by the theme of national resilience. We intend to build up a more resilient Taiwan, proactively deal with challenges, and bring Taiwan into deeper cooperation with the international community. We must strengthen Taiwan’s ability to adapt to the risks associated with extreme weather, continue promoting our second energy transition, and ensure a stable power supply. We must steadily advance toward our goal of net-zero transition by 2050 through the development of more forms of green energy, deep energy saving, and advanced energy storage. In terms of health, we must effectively fight the spread of global infectious diseases, and raise the population’s average life expectancy while reducing time spent living with illness or disability. We must achieve health equality so that people are healthy, the nation is stronger, and so that the world embraces Taiwan. Finally, we must strengthen resilience throughout Taiwan in national defense, economic livelihoods, disaster prevention, and democracy. As the people of Taiwan become more united, our nation grows more stable. As our society becomes better prepared, our nation grows more secure, and there is also greater peace and stability in the Taiwan Strait. Taiwan is resolved in our commitment to upholding peace and stability in the Taiwan Strait and achieving global security and prosperity. We are willing to work with China on addressing climate change, combatting infectious diseases, and maintaining regional security to pursue peace and mutual prosperity for the well-being of the people on the two sides of the Taiwan Strait. For a long time now, countries around the world have supported China, invested in China, and assisted China in joining the World Trade Organization, thereby promoting China’s economic development and enhancing its national strength. This was done out of the hope that China would join the rest of the world in making global contributions, that internally it would place importance on the livelihoods of the people, and that externally it would maintain peace. As we stand here today, international tensions are on the rise, and each day countless innocents are suffering injuries or losing their lives in conflict. We hope that China will live up to the expectations of the international community, that it will apply its influence and work with other countries toward ending Russia’s invasion of Ukraine and conflicts in the Middle East. And we hope that it will take up its international responsibilities and, along with Taiwan, contribute to the peace, security, and prosperity of the region and the globe. In an era when the international landscape is becoming increasingly chaotic, Taiwan will become more calm, more confident, and stronger; it will become a force for regional peace, stability, and prosperity. I believe that a stronger democratic Taiwan is not only the ideal of our 23 million people, but also the expectation of the international community. We will continue to make Taiwan stronger and promote cross-sector economic development. Taiwan’s economic strength is no “miracle”; it is the result of the joint efforts of all the people of Taiwan. We must strive for an innovative economy, a balanced Taiwan, and inclusive growth; we must stay on top of changes in global trends, and continue to remain a key player in supply chains for global democracies. Going forward, in addition to our 5+2 innovative industries plan and Six Core Strategic Industries policy, we will more vigorously develop Taiwan’s Five Trusted Industry Sectors, namely semiconductors, AI, military, security and surveillance, and next-generation communications, and help expand their global presence. We will also promote the transformation and development of medium, small, and micro enterprises and help them develop their international markets. My fellow citizens, we will continue working to achieve a Taiwan that is balanced across all its regions. In the central government’s proposed general budget plan for next year, general grants for local governments and general centrally funded tax revenues increased significantly, by NT$89.5 billion, reaching a total of NT$724.1 billion, a record high. And our budget for flood control will be raised by NT$15.9 billion from this year, bringing the total to NT$55.1 billion. This will help municipalities across the country in addressing the challenges of extreme weather.  We will also expedite improvements to the safety of our national road network and create a human-friendly transportation environment. Furthermore, we will improve our mass rapid transit network and connect the greater Taipei area comprising Taipei, New Taipei, Keelung, and Taoyuan. We will roll out the new Silicon Valley plan for Taoyuan, Hsinchu, and Miaoli to form a central technology cluster connecting the north with the south and launch the Smart Technology Southern Industrial Ecosystem Development Plan. We will accelerate promotion of safety in our eastern transportation network so that locals can go home on safer roads. We will also enhance basic infrastructure in the outlying island areas to raise the quality of life for locals and increase their capacity for tourism. My fellow citizens, we must all the more ensure the well-being of our people across the generations. To our young parents, we will continue to promote version 2.0 of our national childcare policy for ages 0–6. We are going even further by already increasing childcare subsidies, and we will also enhance the quality of preschool services. Children are the future of our country, and the government has the responsibility to help take care of them. To our young students, we will continue to provide free tuition for students of high schools and vocational high schools, and we will also continue to subsidize tuition for students of private junior colleges, colleges, and universities. And we are taking that a step further by establishing the Ten-Billion-Dollar Youth Overseas Dream Fund. Young people have dreams, and the government has the responsibility to help youth realize those dreams. To our young adults and those in the prime of life, next year, the minimum wage will once again be raised, and the number of rent-subsidized housing units will be increased. We will expand investment in society and provide more support across life, work, housing, and health, and support for the young and old. Raising a family is hard work, and the government has a responsibility to help lighten the load. To our senior citizens all around Taiwan, next year, Taiwan will become a “super-aged society.” In advance, we will launch our Long-term Care 3.0 Plan and gradually implement the 888 Program for the prevention and treatment of chronic diseases. We will also establish a NT$10 billion fund for new cancer drugs and advance the Healthy Taiwan Cultivation Plan. We will build a stronger social safety net and provide enhanced care for the disadvantaged. And we will bring mental health support to people of all ages, including the young and middle-aged, to truly achieve care for all people of all ages throughout the whole of our society. I am deeply aware that what everyone cares about the most is the pressure of high housing prices, and that what they most detest is rampant fraud. I give the people my promise that our administration will not shirk these issues; even if it offends certain groups, we will address them no matter the price. We will redouble our efforts to combat fraud and fight housing speculation. We will expand care for renters and strike a balance with the needs of people looking to change homes. We will walk together, continuing down the path toward achieving housing justice. We have with us today former President Chen Shui-bian, former President Tsai Ing-wen, and leaders from different political parties. I want to thank all of you for attending. Your presence represents the strength our nation has built up over generations, as well as the values and significance of Taiwan’s diverse democracy. Our nation must become more united, and our society must grow more stable. I also want to thank Legislative Yuan President Han and Premier Cho for recently initiating cooperation among the ruling and opposition parties to facilitate discussion among the ruling and opposition party caucuses. In democratic countries, political parties internally promote the nation’s progress through competition, and externally they unite to work toward achieving national interests. No matter our political party, no matter our political stances, national interests come before the interests of parties, and the interests of parties can never take precedence over the interests of the people. And this is precisely the spirit upheld by those who sacrificed, who gave everything they had, in order to establish the Republic of China. This is the lesson we take from our predecessors who, generation upon generation, overcame authoritarianism, and sacrificed and devoted themselves to the pursuit of democracy. That is precisely why, regardless of party affiliation or regardless of our differences, we are gathered here today. Regardless of what name we choose to call our nation – the Republic of China; Taiwan; or the Republic of China Taiwan – we must all share common convictions: Our determination to defend our national sovereignty remains unchanged. Our efforts to maintain the status quo of peace and stability in the Taiwan Strait remain unchanged. Our commitment to hoping for parity and dignity, and healthy and orderly dialogue and exchanges between the two sides of the strait remains unchanged. Our determination, from one generation to the next, to protect our free and democratic way of life remains unchanged. I believe this is the dream that Taiwan’s 23 million people all share; it is also the shared ideal that Taiwanese society and the international community hold. The stronger the commitment of the Taiwanese people, the greater the tenacity of democracy around the world. The greater the tenacity of the Taiwanese people, the stronger the commitment of democracy around the world. Let’s keep going, Republic of China! Let’s keep going, Taiwan! Regardless of our differences, let’s keep going forward! Thank you.

    Details
    2025-01-01
    President Lai’s remarks on legislative amendments
    On the morning of June 24, President Lai Ching-te delivered his remarks on recent legislative amendments. In remarks, President Lai emphasized opposition to an expansion of legislative power, not legislative reforms, and said that the legislature should naturally engage in reforms, but refrain from an excessive expansion of power, adding that any proposal for legislative reform should remain legal and constitutional. Particularly, the president said, the investigative powers of the Legislative Yuan should not infringe upon the powers of the judiciary or the Control Yuan, and more importantly, they must not infringe upon people’s basic rights, including the right to privacy, trade secrets, and the freedom to withhold expression. Therefore, on the basis of safeguarding the constitutional order and protecting the rights of the people, the president stated that he will petition the Constitutional Court for a constitutional interpretation, as well as petition for a preliminary injunction. Emphasizing that the president’s role is as a guardian of democratic and constitutional governance, President Lai said that given that there are concerns about the recent amendments being unconstitutional, concerns that they confound constitutional provisions on the separation of powers and those on checks and balances, it is incumbent upon him to perform his duties as president and take action. Today, he said, he has decided to petition the Constitutional Court for a constitutional interpretation to rule on the constitutionality and legitimacy of the recent amendments. Stating that this approach is responsible to our nation and to our history and actually reflects the expectations of the people, the president expressed his hope that all of our fellow citizens can work together to safeguard our constitutional system and more deeply entrench our democracy, allowing for the sustainable development of Taiwan’s democracy. A translation of President Lai’s remarks follows: One month ago, I was sworn in as president, taking an oath before the people to observe the Constitution and faithfully perform my duties. Therefore, following the legislature’s passing of amendments to the Law Governing the Legislative Yuan’s Power and to the Criminal Code, earlier this morning, I signed these amendments into law in accordance with the Constitution, and will promulgate the bills today. However, aside from the deliberative process over the amendments raising pronounced concerns from the public, the contents of the bills also risk compromising the constitutional principle of separation of powers, as well as that of checks and balances. A moment ago, Attorney Hong Wei-sheng (洪偉勝) explained our reasons for seeking to petition for a constitutional interpretation. I would like to share with our fellow citizens that it is the responsibility and mission of the president to safeguard our free and democratic constitutional system and protect the rights of the people. In a free and democratic constitutional system, core principles include separation of powers, checks and balances, and the protection of human rights. Separation of powers should be based on the Constitution, with the branches working independently while respecting one another. Regarding checks and balances, branches should function according to their institutional design to ensure constitutionally responsible government. Therefore, I must emphasize that we are opposing an expansion of legislative power, not legislative reforms. The legislature should naturally engage in reforms, but refrain from an excessive expansion of power. Any proposal for legislative reform should remain legal and constitutional. Particularly, the investigative powers of the Legislative Yuan should not infringe upon the powers of the judiciary or the Control Yuan. More importantly, they must not infringe upon people’s basic rights, including the right to privacy, trade secrets, and the freedom to withhold expression. Therefore, on the basis of safeguarding the constitutional order and protecting the rights of the people, I will petition the Constitutional Court for a constitutional interpretation, as well as petition for a preliminary injunction. On the issue of the president giving an address on the state of the nation at the Legislative Yuan, there are already existing regulations in place in the Constitution and the Law Governing the Legislative Yuan’s Power. During legislative sessions, the legislature may invite the president to give a state of the nation address on national security and major policies. I have previously said that on the condition of legal and constitutional procedures, I am willing to deliver a state of the nation address at the Legislative Yuan. However, recent amendments passed by the legislature redefine the president’s address on the state of the nation as compulsory and require that the address be followed with an on-the-spot question and answer session, in an attempt to change the design of responsible government in the Constitution. This disrupts the institution of the Executive Yuan being responsible to the Legislative Yuan, leading to concerns about an overreaching expansion of the power originally bestowed to legislators by the Constitution. As president, I will not impose my personal opinions on the constitutional order; nor will I place my personal interests before national interests. As a physician, I deeply understand that any diagnosis should be made with care. When performing organ transplants, the physician must carefully evaluate and match various attributes, such as blood type, physical constitution, and other conditions. The same principles for treating illness hold true for governing a country. Institutional or legal transplants performed in the absence of careful evaluation or discussion could lead to negative outcomes for the nation’s constitutional governance and the protection of the people’s rights. We must address these issues seriously. Every law has far-reaching impact on our nation, our society, and the next generation. The president’s role is as a guardian of democratic and constitutional governance. Given that there are concerns about the recent amendments being unconstitutional, concerns that they confound constitutional provisions on the separation of powers and those on checks and balances, it is incumbent upon me to perform my duties as president and take action. Today, I have decided to petition the Constitutional Court for a constitutional interpretation to rule on the constitutionality and legitimacy of the recent amendments. This approach is responsible to our nation and to our history and actually reflects the expectations of the people. The Constitution stands as the supreme legal basis of our nation, and the Constitutional Court is the highest judicial organ that works to maintain the constitutional order and protect the rights of citizens. As to the interpretation, ruling and opposition parties must respect and accept the results, no matter what they turn out to be. And we also hope that the public will be able to support the results. In the coming days, as this process of constitutional interpretation unfolds, there will be much discussion and debate among the public. I am confident that this will be a reaffirmation, by Taiwanese society, of our democratic and constitutional governance, and that it will make our democratic society even more mature. For democracy to be even more deeply entrenched, it needs defending, and it needs dialogue. And the historic moment to defend the constitutional structure of free democracy is now. I hope that all of my fellow citizens can work together to safeguard our constitutional system and more deeply entrench our democracy, allowing for the sustainable development of Taiwan’s democracy. Thank you. Also in attendance were Secretary-General to the President Pan Men-an (潘孟安), Deputy Secretary-General to the President Xavier Chang (張惇涵), and agent ad litem Attorney Hong.

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    2025-01-01
    President Lai holds press conference to mark first month in office
    On the morning of June 19, President Lai Ching-te held a press conference marking his first month in office titled “Building Trust through Policy Initiatives: A New Taiwan for an Era of Innovation” to announce the establishment of three committees at the Presidential Office: the National Climate Change Committee, Whole-of-Society Defense Resilience Committee, and Healthy Taiwan Promotion Committee. In remarks, President Lai noted that the goal of the committees is to develop national strategies, engage in dialogue with civil society, deepen cooperation with the international community, and take action for Taiwan’s future. President Lai said he believes that as we actively pursue the transition to net-zero emissions by 2050 and participate in global security cooperation, our people will be healthier and our nation stronger, emphasizing that as Taiwan embraces the world, the world also embraces Taiwan. He stated that we are determined and confident as we guide our nation toward a better future, making the Taiwan of the world an even better place that will continue to contribute to the global community. A translation of President Lai’s remarks follows: As I am about to reach a full month in office as president, I am here today to announce the establishment of three committees at the Presidential Office. The goal of these committees is to develop national strategies, engage in dialogue with civil society, deepen cooperation with the international community, and take action for Taiwan’s future. Taiwan occupies a strategic position on one of the world’s busiest shipping lanes; we play a crucial role on the frontline of the democratic world; our advanced supply chains hold the key to the next generation of technological development. The Taiwan of today is a Taiwan of the world. Anything that happens to Taiwan could send ripples through the entire globe. Therefore, Taiwan’s issues are international issues, and international issues are Taiwan’s issues. Today, climate change, social resilience, and the promotion of health are three major issues that receive international attention; they also create the largest impact on our citizens. In response to these challenges, as well as for further cooperation with other countries, I have decided to establish three committees at the Presidential Office, with myself as the convenor. These committees aim to consolidate forces from government and civil society, to provide effective solutions for our country and for the world. First of all, the impact of climate change and extreme weather events is definitely the largest challenge that humanity faces. In 2022, an annual report from the United Nations pointed out that without proactive measures, average surface temperatures could rise by 2.8 degrees Celsius before the end of the century. And in 2023, we already witnessed the hottest summer in recorded history. The UN has warned that the issue is not only global warming, but that we have rather already entered an era of global boiling. The World Meteorological Organization has also recorded that Asia is a region heavily struck by climate-related disasters. We must face the pressing problems of climate breakdown, and the nations of the world must work together. In response to global climate change, we must address these issues faster, stronger, and more proactively.  Whether it is neighboring Japan or Korea, or other advanced democracies such as the United States, many countries have established agencies to address climate change at the level of the president or prime minister, with the goal of adopting proactive measures. Therefore, I will establish a National Climate Change Committee, with Executive Yuan Vice President Cheng Li-chiun (鄭麗君), Academia Sinica President James C. Liao (廖俊智), and Pegatron Corporation Chairman Tung Tzu-hsien (童子賢) as deputy convenors. The committee will promote climate governance from a national perspective and further transnational cooperation. Taiwan must not only continue to promote energy transition, but also put into practice the twin green and digital transition, as well as a just transition. We aim to realize a net-zero pathway, build a sustainable green lifestyle and green finance, and enhance environmental resilience to foster a sustainable homeland. I must also emphasize that transition to net-zero emissions by 2050 is no longer just an idealistic proposal, but an inevitable future. This path is extremely challenging, so we must face reality and rally the entire nation to strive together. We need a more comprehensive strategy to guide businesses and the public, implementing changes in energy, industry, finance, and daily life. Secondly, in the face of severe disasters caused by earthquakes and climate change, Taiwan must accelerate its efforts to strengthen the resilience of our entire society. The world is watching how Taiwan can demonstrate strong resilience in defending itself and deter the ambitions that seek to disrupt regional peace and stability. Only when our entire society possesses a strong will for self-defense and an unwavering confidence in ourselves can Taiwan effectively respond to various disasters and risks and grow stronger. Just days ago, the G7 leaders issued a communiqué, reaffirming that “maintaining peace and stability across the Taiwan Strait is indispensable to international security and prosperity.” This means that as the resilience of Taiwanese society is strengthened, Taiwan’s security is enhanced; and as Taiwan’s security is strengthened, we also enhance global security and prosperity. Therefore, I will establish the Whole-of-Society Defense Resilience Committee, with Vice President Bi-khim Hsiao, Secretary-General to the President Pan Men-an (潘孟安), and National Security Council (NSC) Secretary-General Joseph Wu (吳釗燮) serving as deputy conveners. By thinking ahead and being prepared, we aim to make Taiwan stronger and instill greater confidence in our people. In times of national emergency or natural disaster, both the government and society will be able to maintain normal operations. We need to expand the training and utilization of civilian forces, enhance material preparation and critical supply distribution systems, and strengthen energy and critical infrastructure security. We must improve social welfare and medical networks, as well as evacuation facilities, ensuring the safety of information, transportation, and financial networks. We need to conduct a comprehensive review and propose solutions to problems, strengthening our resilience in national defense, economic livelihoods, disaster prevention, and democracy. Our goal is to build a stronger and more robust democratic society where we not only safeguard national security, but also maintain regional peace and stability. Finally, I will establish the Healthy Taiwan Promotion Committee to address the challenges of the post-pandemic era. In recent years, major challenges threatening our citizens include antibiotic-resistant superbugs, transnational diseases of unknown origin, and cancer, which is the leading cause of death among the Taiwanese population. Our vision for creating a Healthy Taiwan is to enable people to live long and healthy lives. Dr. Chen Jyh-hong (陳志鴻), convener of the Healthy Taiwan Promotion Alliance, President Wong Chi-huey (翁啟惠) of the Institute for Biotechnology and Medicine Industry, and Minister without Portfolio Chen Shih-chung (陳時中) of the Executive Yuan will serve as deputy conveners for the Healthy Taiwan Promotion Committee. We aim to advance the Healthy Taiwan Cultivation Plan through a health charter. We will improve the employment environment to attract and retain talent. We will optimize the National Health Insurance system for sustainable operation. We are committed to promoting holistic healthcare models and accelerating the application of smart healthcare technologies. Furthermore, we will establish a NT$10 billion fund for new cancer drugs, fully advancing our national plan for cancer prevention and treatment. I have never forgotten my mission as a doctor. I hope to gradually build a Taiwan where the number of years that people live with illness or disability is reduced, and that spent in health is increased. In the future, we must take action to promote healthy living for all, enhance lifelong care, and align Taiwan with sustainable health development around the globe. We must also look toward international cooperation to foster global solidarity in the post-pandemic era. These three committees not only signify unity and collaboration within the current administration and across ministries, but also embody a spirit of interdepartmental, cross-disciplinary, and public-private sector cooperation. These three committees will convene quarterly meetings. We will establish efficient communication platforms to foster social consensus and actively translate our goals into action. By harnessing the strengths of industry, government, academia, research institutions, and civil society sectors, we can effectively address global issues, making Taiwan’s strategies a global solution. In today’s interconnected world, every step Taiwan takes forward is a step forward for the world. Taiwan has capability, technology, and experience to share with the global community. According to last year’s rankings from the Economist Intelligence Unit and this year’s report from the Centre for Asian Philanthropy and Society, Taiwan is recognized as the most democratic and charitable country in Asia. Our achievements in democracy and our actions as a force for good have received international recognition. I believe that as we actively pursue the transition to net-zero emissions by 2050 and participate in global security cooperation, our people will be healthier and our nation stronger. As Taiwan embraces the world, the world also embraces Taiwan. I also want to emphasize that addressing these global issues and challenges requires significant effort and long-term investment of resources to yield results. If we do not start taking action today, we will fall behind tomorrow. So, the time for action is now. Today, the government shoulders its responsibility and leads by example. We are determined and confident as we guide our nation toward a better future, making the Taiwan of the world an even better place that will continue to contribute to the global community. Thank you. Also in attendance were Vice President Hsiao, Secretary-General Pan, NSC Secretary-General Wu, and Deputy Secretary-General to the President Xavier Chang (張惇涵).

    Details
    2025-01-01
    President Lai interviewed by Time magazine
    In a recent interview with Time magazine, President Lai Ching-te responded to questions regarding diplomacy, cross-strait relations, the semiconductor industry, and Taiwan’s domestic economic development. Following is the text of the questions and the president’s responses: Q: Thank you so much for sparing us the time today and congratulations on your election victory. How are you settling into the new job? I know you’ve just moved one level down from where you were previously, but I hope that your access to bubble tea has not been adversely impacted by the new job. President Lai: My interest in bubble tea has not changed. The transition into my new job has also been steady, having just moved from the fourth to the third floor. I had previously served as a legislator, premier, and was vice president for four years, so I have a clear understanding about national policies and the direction of former President Tsai Ing-wen’s past governance. So far, it has been very smooth. Thank you. Q: Obviously you’ve had four months now since your election victory to prepare for this role. How have you spent that time and what advice has [former] President Tsai given you about taking the most important job in Taiwan? President Lai: Over the past four months, the most important task was the transition process with former President Tsai. This included foreign affairs, national defense, cross-strait affairs, and key domestic issues. Some of this took place in meetings at the Presidential Office and some at military facilities and different government agencies. I also worked to assemble a cabinet, inviting Cho Jung-tai (卓榮泰) to be premier. Cheng Li-chiun (鄭麗君) was invited to serve as vice premier, and former National Development Council Minister Kung Ming-hsin (龔明鑫) as secretary-general of the Executive Yuan. Premier Cho has invited people based on talent across political affiliations to form the cabinet. So far, the public response has been positive. As for advice and encouragement from former President Tsai, she emphasized to me that the president’s job is to safeguard the country and uphold the constitutional system of freedom and democracy. Second, we must listen to public opinion and take care of the people. Third, faced with difficult challenges, we should collectively discuss a course of action forward. This way there will be less headwind. Q: Speaking of headwinds, it was just 48 hours after your election victory that Beijing announced that one of Taiwan’s diplomatic allies, Nauru, was now going to switch recognition to Beijing. This seems to be quite a clear signal to you before you’d even stepped into office or made any policy decisions or anything. How concerned are you by Taiwan’s dwindling recognition on the world stage? President Lai: We cooperate with our diplomatic allies in a sincere way, holding to the principles of mutual benefit and reciprocity. We cherish our friendships with our diplomatic allies and thank them for voicing support for Taiwan in the international community, as well as creating greater international space for us. We also greatly value the cooperation projects we have with our diplomatic allies because these help the people of both countries. Taiwan has always held firm to these principles, regardless of which political party is in power. In the case that our diplomatic allies decide to switch allegiances to the People’s Republic of China (PRC), while we wish them well, such harmful actions by the PRC will not affect Taiwan’s status as a beacon of freedom and a bastion of democracy in the world. So, [on this issue of recognition], we are not deeply worried. Q: You chose and invited Bi-khim Hsiao to be your vice president and she left Washington, DC, where she was serving as your de facto ambassador to the US. Does that signify that US-Taiwan relations are going to take on newfound importance for your administration? President Lai: During Vice President Hsiao’s term as ambassador to the United States, she performed exceedingly well. Taiwanese society has recognized her as amongst the very best within our ambassadors to the US. The international community, including the US, has also recognized her outstanding performance. Now as vice president, she can support the new administration in furthering trusted channels with the US, which will help advance our bilateral cooperation. With Bi-khim’s support, we will engage in more substantive cooperation on national security and defense, the economy, and other substantive exchanges. I trust that we will make much progress, as Bi-khim has been instrumental in bridging Taiwan together with the US. Q: In your inauguration speech, you called for resumption of cross-strait dialogue, trade, and educational exchanges but caveated that on dignity and equivalence. What exactly do you mean by dignity and equivalence with the PRC? President Lai: First, the PRC should recognize that the Republic of China (ROC) exists. They should be sincere in building exchanges and cooperation with the popularly elected and legitimate government of Taiwan. Second, each issue should be mutually beneficial and reciprocal. For example, if Taiwan allows tourists to go to China, they should allow tourists to visit Taiwan. And if we let our students go to China, their students should be allowed to come here. Third, as we conduct exchanges and cooperate with each other, we should share a common conviction to enhance the well-being of people on the two sides of the Taiwan Strait, working toward an objective of peace and mutual prosperity. Q: Also, in your speech, you said that the ROC and the PRC are not subservient to each other. That obviously provoked a reaction from Beijing. We saw the military drills but also some of your political opponents here have said that this undermines the strategic ambiguity which has been the bedrock of peace and stability. How do you counter that? Do you think that you were unnecessarily provocative in hindsight? President Lai: What I said was the truth. Moreover, I was not the first person to express this truth. My intention was not to provoke. During her 2021 National Day Address, former President Tsai said as part of her Four Commitments that the ROC and PRC should not be subordinate to each other. Former President Ma Ying-jeou had also once said the ROC is a sovereign and independent state and that neither side of the strait is subordinate to the other. Third, I stated this in accordance with Articles 2 and 3 of the ROC Constitution, given that in Taiwan we have had our own citizens, land, sovereignty, and government for decades. According to international law, we are already a sovereign and independent country. My goal is to bring the people of Taiwan together. Q: In April, US Secretary of State Antony Blinken traveled to Beijing and met with Xi Jinping. From diplomatic sources, he became quite animated when discussing the status of Taiwan and US support for Taiwan. Do you worry that President Xi is becoming emboldened and impatient about resolving the so-called Taiwan issue? President Lai: Peace and stability across the Taiwan Strait are indispensable elements of global peace and prosperity. In my inaugural address, I told the international community that I would uphold former President Tsai’s Four Commitments. We will neither yield nor provoke. We will maintain the status quo and fulfill our responsibilities. I also urge President Xi to understand that conflict in the Taiwan Strait and disruptions to peace and stability in the Indo-Pacific region will not be accepted by the international community. I invite President Xi to jointly shoulder with us the responsibility of maintaining peace and stability, building regional prosperity, and advancing world peace. Q: Since we last spoke, China’s economic problems continue to mount. Do you feel that this makes Taiwan more vulnerable, or is this an opportunity for further engagement for mutual benefit? President Lai: I have always believed that a stable China leads to a safer Taiwan. A prosperous Taiwan can also bring about progress in China. Therefore, I do not wish to see growing difficulties in China’s economy or its society become more unstable. Indeed, economic relations between Taiwan and China are the result of divisions of labor within global supply chains. In the past, China was the world’s factory as well as the world’s market. Many countries, including Taiwan, invested in manufacturing in China and sold products manufactured at home via China to the entire world. But today things have changed because China’s business environment has worsened. China has placed ever stricter controls on the free market. They have adopted a policy of placing state-owned businesses first, at the expense of the private sector. China’s intellectual property rights protection has also long fallen short of international expectations. In addition, China’s military expansionism in the East and South China Seas has impacted regional peace and stability. This is why capital investment from Taiwan and other countries is no longer heading to China at the pace it was in the past. Taiwanese companies have pulled out of China’s manufacturing sector en masse, favoring countries in the Indo-Pacific – including Japan – the US, and Europe. In 2010, investments in China accounted for 83.8 percent of Taiwan’s total foreign investment, meaning that for every NT$100, NT$83.8 was invested in China. During the same period of time, over half of Taiwan’s foreign trade was dependent on China. Parts and equipment produced in Taiwan were sent to China for assembly or used in the production of other goods, and then the finished products were sold internationally. Last year, investment in China accounted for only 11.4 percent of Taiwan’s total foreign investment, dropping from 83.8 percent. Taiwan’s foreign trade with China also fell from its previous high of over 50 percent, totaling 35.5 percent in 2023. Despite this, Taiwan’s economic growth rate has averaged 3.15 percent over the past eight years – ranking first among the Four Asian Tigers. During former President Tsai’s eight-year term, the stock market grew by 155.5 percent and its value increased 1.8-fold. When former President Tsai first assumed office, the stock market was a little over 8,000 points; it has now surpassed 20,000 points. In other words, even as China’s economy has continued to decline, Taiwan’s economy has continued to grow and has not been affected by China. Taiwan’s new government is willing to assist China and advance peace and prosperity across the Taiwan Strait. Q: Obviously Taiwan is central to global supply chains when it comes to semiconductors, producing 90 percent of the most advanced chips, but US export restrictions are preventing those chips from going to China. You mentioned that Taiwanese investment in China is plummeting. At the same time, Taiwan companies like TSMC are benefiting from billions of dollars from the US Chips Act. Do you fear that key players in Taiwan’s business industrial base moving closer to the US and being kept apart from China is increasing the risk of conflict? President Lai: In this era of smart technologies, semiconductors have become crucial industrial products. In the future, if all aspects of life – including food, clothing, housing, and transportation – are to be technologically advanced and intelligent, semiconductors will be indispensable. The industry runs on a global division of labor. From research and development, design, manufacturing, raw materials, and equipment, it is a worldwide industrial chain. Taiwan is involved in integrated circuit design, wafer manufacturing, and end-of-line packaging and testing, but raw materials are distributed across other countries. For example, components, equipment, and technology are sourced from the US, Japan, and the Netherlands. As we can see, this is an industry with a global division of labor. Although Taiwan has an advantage in the semiconductor industry, Taiwan also has a responsibility to promote global prosperity and development. Consequently, if semiconductor companies, including Taiwan Semiconductor Manufacturing Company (TSMC), decide to expand in the US, Japan, Europe, or other countries consistent with their own business interests, the government will respect their decisions. Geopolitical changes will continue to impact the distribution of semiconductor companies. Given that the restructuring of global supply chains is not specific to any single country, I do not believe that this will increase the risk of conflict. Q: Your only trip to China was in 2014 when you were serving as mayor of Tainan. I understand that you had some quite open and frank discussions with students in Shanghai about Taiwanese aspirations for independence. What did you learn from that interaction? President Lai: In 2014, I visited Shanghai because the Tainan City government organized a traveling art exhibition to commemorate the 120th anniversary of Chen Cheng-po’s (陳澄波) birth. During my interactions with the Shanghai municipal government and Fudan University, I made it clear that the two sides of the Taiwan Strait should seek common ground and set aside differences. Through exchanges and cooperation, we should promote mutual understanding, empathy, reconciliation, and peaceful development. Q: You won the election with over 40 percent of the vote, but the DPP lost control of the legislature, and so you need to work across the aisle with opposition parties to get your domestic agenda across. It’s not been a very harmonious time in the Legislative Yuan at the moment. We’ve seen brawls and a lot of sniping over the new bill to increase scrutiny of the executive branch. How confident are you that you can overcome these differences to have a constructive relationship with the opposition parties? President Lai: I remain fully confident about the future development of Taiwan. This is because of our democracy. After decades of collective effort, as well as the numerous sacrifices and contributions of many people, the vitality and values of democracy are deeply imbued within the Taiwanese people. These democratic values are an important foundation as I promote future national policy priorities. In my inaugural address, I mentioned that a divided legislature is the will of the people. This provides an opportunity for each party to share their ideas and jointly bear the responsibility of serving the nation. At the same time, if any one party does not live up to public expectations, I trust that people will respond accordingly so that the country can still move forward. In my address, I also pointed out that Taiwan will continue to move in the direction of democracy, peace, and prosperity, linking us with the international community. I will pursue policies that further entrench Taiwan’s democracy, maintain regional peace, and allow Taiwan to engage with the international community to enhance global prosperity and development. This roadmap will benefit both our country and its people. I do not think opposition parties will strongly oppose bills related to this roadmap. Q: Some of your DPP colleagues have pointed out that 17 KMT lawmakers went to China recently and met with Wang Huning, and they have openly accused the KMT of being a fifth column for the CCP in trying to disrupt your administration. Is that an opinion that you share? President Lai: In a democratic society, the interests of the people should take precedent; this is the principle of democracy at work. As a result, political parties should put national interests above their own – that is their sacred duty . As Taiwan faces different forms of pressure from China, everybody, regardless of party affiliation, should put the people first and prioritize national interests. They should not let themselves be influenced by any authoritarian country. Q: The CCP has refused to engage with your administration or the DPP. Is it beneficial for the KMT to have trips to China and engagements with China, whether it’s Ma Ying-jeou on an unofficial basis or KMT lawmakers? President Lai: The people of Taiwan and all political parties – regardless of affiliation – should recognize and respond to the fact that China’s ambition to annex Taiwan is part of their national policy. Only by coming together domestically and strengthening our global linkages can we maintain our sovereignty, freedom, and democratic way of life. By doing so, we will have the capacity and opportunity to determine our own future. No political party should sacrifice national sovereignty for political gain. Q: Following the devastating Hualien earthquake just a month ago, China offered to send aid to Taiwan but was rebuffed. You hadn’t taken office at that point. But do you feel that was the right decision? Do you think it could have been an opportunity to mend bridges across the strait? President Lai: Taiwan very much cherishes the expressions of concern and support we received from the global community. International assistance creates a positive feedback loop that helps us come together in times of need. This helps support global development and stability. With this being said, at the time, China had offered 100 prefabricated homes, which was not what the people affected by the Hualien earthquake required. When central Taiwan was struck by a major earthquake on September 21, 1999, the government had provided such homes to alleviate housing shortages at the time. However, over the past 20 or 30 years, Taiwan has accumulated greater experience and capacity for search and rescue and post-disaster reconstruction. We have moved past the period of requiring prefabricated housing. Today, if a home is made unsafe by an earthquake, a red notice will be attached to the structure. We will consequently provide financial support for both the property and its reconstruction. If people need to live in a hotel or guesthouse, stay with a relative, or rent a place to stay, these costs will also be subsidized until the home has been rebuilt. Therefore, we did not require prefabricated homes. People living in hotels or guesthouses also supported the tourism industry, which was affected by a large drop in visitors following the earthquake. Q: Some in the opposition want to restart negotiations for the cross-strait service trade agreement for close economic integration with China. Why do you oppose such a move?  President Lai: In short, the time for this has long passed. As I said, many Taiwanese businesses have left China. Looking ahead, we can see substantive differences opening up between Taiwan’s economy and China’s present economic structure. If the cross-strait service trade agreement were passed, Chinese business owners could come to Taiwan and set up shop with as little as NT$6 million dollars. And it is not just a matter of the owners – they could also bring employees over. This would greatly affect Taiwan’s local economy. Q: Beijing is aggressively courting the Global South to back its claim over Taiwan with 28 nations, according to recent reporting, firmly supporting China’s push for reunification. How important is it to win the argument over Taiwan’s right for autonomy amongst the international community, especially those of the Global South? President Lai: I hope that all countries will respect the choice of Taiwan’s people. The will of the people should not be subject to decisions made by a majority or show of hands [in international fora]. Neither should our people be threatened by violence or the threat of war. China is presently engaged in lawfare, which is affecting support for Taiwan internationally. While Taiwan will do its best to speak up for our own rights and interests, I hope that the international community will also continue to assist, understand, and support Taiwan. This is because if China’s attempts at lawfare were to succeed, this would affect Taiwan’s global backing, be it in times of peace or war. Q: Domestically in Taiwan, a lot of Taiwan people are struggling with a growing but slow economy, rising prices, and stagnated wages. What is your plan to try to help the average Taiwanese person? President Lai: I have been deeply focused on supporting the salaries and lives of our grassroots workers. I also prioritize reducing the gap between the rich and poor, as well as efforts to give our young people a brighter future. I will faithfully implement the Minimum Wage Act that was passed under former President Tsai. With this act, minimum wage increases will be based on how the GDP or prices increase. More importantly, we must help our industries upgrade and our economy transform. In my inaugural address, I said that economic development will take a threefold approach. First, we will have a clear view for a smart, sustainable future. In other words, we must use technology to address climate change and respond to the global era of smart technologies. We will have an innovative economy and create a new Taiwan that is both smart and sustainable. Second, we will expand the space industry, exploring the future by developing medium- and low-orbit communications satellites and drones. We will also use our strengths as a maritime nation to explore the ocean, helping related industries grow and develop in many directions. Third, we will help our enterprises expand their presence and markets internationally. We will improve Taiwan’s investment environment and take care of our small- and medium-sized enterprises while helping our industries in their global reach. This will grow Taiwan’s economy, leading to development and creating an environment conducive to higher wages. During my election campaign, I put forward a National Project of Hope. With this, we will invest more in our society, take better care of both young and elderly people, as well as all those who need care. We will close the wealth gap, while supporting the people’s welfare and the future of our young people. Q: President Lai, thank you. You’ve been very generous with your time. But just to end off, we spoke before how you grew up in Wanli in a poor family and your father died when you were very young. You worked very hard to become a doctor and your mother wasn’t very keen about you taking a diversion route into politics. Now you’ve reached the very top of the political ladder in Taiwan, do you think that your mother would be proud, that she would have forgiven you for defying her? President Lai: My mother was just an ordinary person and, like many mothers in Taiwan’s society at that time, worked hard, took care of her family, and hoped that her children would grow up safe and sound. What probably mattered most to my mother was that I was safe and healthy. It did not matter to her whether I became a politician or not, just as I had no expectation that one day I would sit here in the Presidential Office. In fact, when I was little, I hoped to become a doctor so as to take care of the sick, relieve suffering, and save lives. But during the process of Taiwan’s democratization, many young people devoted themselves to politics, including myself. I had no idea that I would continue down this path, much less be here today. My mother told me that if people support me, then I should run for election; if not, then I should continue as a doctor. In other words, my mother felt that I probably would not pursue politics for very long. We were from the countryside and did not come from a political family. However, I attribute my success to Taiwan’s democratization. If it were not for the sacrifices, contributions, and achievements of countless individuals up until now, I could not have been afforded the opportunity to sit here. My responsibility is to further deepen Taiwan’s democracy and enable hardworking people from all walks of life to realize their ideals and contribute to our country.

    Details
    2025-02-14
    President Lai holds press conference following high-level national security meeting
    On the morning of February 14, President Lai Ching-te convened the first high-level national security meeting of the year, following which he held a press conference. In remarks, President Lai announced that in this new year, the government will prioritize special budget allocations to ensure that Taiwan’s defense budget exceeds 3 percent of GDP. He stated that the government will also continue to reform national defense, reform our legal framework for national security, and advance our economic and trade strategy of being rooted in Taiwan while expanding globally. The president also proposed clear-cut national strategies for Taiwan-US relations, semiconductor industry development, and cross-strait relations. President Lai indicated that he instructed the national security and administrative teams to take swift action and deliver results, working within a stable strategic framework and according to the various policies and approaches outlined. He also instructed them to keep a close watch on changes in the international situation, seize opportunities whenever they arise, and address the concerns and hope of the citizens with concrete actions. He expressed hope that as long as citizens remain steadfast in their convictions, are willing to work hand in hand, stand firm amidst uncertainty, and look for ways to win within changing circumstances, Taiwan is certain to prevail in the test of time yet again. A translation of President Lai’s remarks follows: First, I would like to convey my condolences for the tragic incident which occurred at the Shin Kong Mitsukoshi department store in Taichung, which resulted in numerous casualties. I have instructed Premier Cho Jung-tai (卓榮泰) to lead the relevant central government agencies in assisting Taichung’s municipal government with actively resolving various issues regarding the incident. It is my hope that these issues can be resolved efficiently. Earlier today, I convened this year’s first high-level national security meeting. I will now report on the discussions from the meeting to all citizens. 2025 is a year full of challenges, but also a year full of hope. In today’s global landscape, the democratic world faces common threats posed by the convergence of authoritarian regimes, while dumping and unfair competition from China undermine the global economic order. A new United States administration was formed at the beginning of the year, adopting all-new strategies and policies to address challenges both domestic and from overseas. Every nation worldwide, including ours, is facing a new phase of changes and challenges. In face of such changes, ensuring national security, ensuring Taiwan’s indispensability in global supply chains, and ensuring that our nation continues to make progress amidst challenges are our top priorities this year. They are also why we convened a high-level national security meeting today. At the meeting, the national security team, the administrative team led by Premier Cho, and I held an in-depth discussion based on the overall state of affairs at home and abroad and the strategies the teams had prepared in response. We summed up the following points as an overall strategy for the next stage of advancing national security and development. First, for overall national security, so that we can ensure the freedom, democracy, and human rights of the Taiwanese people, as well as the progress and development of the nation as we face various threats from authoritarian regimes, Taiwan must resolutely safeguard national sovereignty, strengthen self-sufficiency in national defense, and consolidate national defense. Taiwan must enhance economic resilience, maintain economic autonomy, and stand firm with other democracies as we deepen our strategic partnerships with like-minded countries. As I have said, “As authoritarianism consolidates, democratic nations must come closer in solidarity!” And so, in this new year, we will focus on the following three priorities: First, to demonstrate our resolve for national defense, we will continue to reform national defense, implement whole-of-society defense resilience, and prioritize special budget allocations to ensure that our defense budget exceeds 3 percent of GDP. Second, to counter the threats to our national security from China’s united front tactics, attempts at infiltration, and cognitive warfare, we will continue with the reform of our legal framework for national security and expand the national security framework to boost societal resilience and foster unity within. Third, to seize opportunities in the restructuring of global supply chains and realignment of the economic order, we will continue advancing our economic and trade strategy of being rooted in Taiwan while expanding globally, strengthening protections for high-tech, and collaborating with our friends and allies to build supply chains for global democracies. Everyone shares concern regarding Taiwan-US relations, semiconductor industry development, and cross-strait relations. For these issues, I am proposing clear-cut national strategies. First, I will touch on Taiwan-US relations. Taiwan and the US have shared ideals and values, and are staunch partners within the democratic, free community. We are very grateful to President Donald Trump’s administration for their continued support for Taiwan after taking office. We are especially grateful for the US and Japan’s joint leaders’ statement reiterating “the importance of maintaining peace and stability across the Taiwan Strait as an indispensable element of security and prosperity for the international community,” as well as their high level of concern regarding China’s threat to regional security. In fact, the Democratic Progressive Party government has worked very closely with President Trump ever since his first term in office, and has remained an international partner. The procurement of numerous key advanced arms, freedom of navigation critical for security and stability in the Taiwan Strait, and many assisted breakthroughs in international diplomacy were made possible during this time. Positioned in the first island chain and on the democratic world’s frontline countering authoritarianism, Taiwan is willing and will continue to work with the US at all levels as we pursue regional stability and prosperity, helping realize our vision of a free and open Indo-Pacific. Although changes in policy may occur these next few years, the mutual trust and close cooperation between Taiwan and Washington will steadfastly endure. On that, our citizens can rest assured. In accordance with the Taiwan Relations Act and the Six Assurances, the US announced a total of 48 military sales to Taiwan over the past eight years amounting to US$26.265 billion. During President Trump’s first term, 22 sales were announced totaling US$18.763 billion. This greatly supported Taiwan’s defensive capabilities. On the foundation of our close cooperation with the past eight years’ two US administrations, Taiwan will continue to demonstrate our determination for self-defense, accelerate the bolstering of our national defense, and keep enhancing the depth and breadth of Taiwan-US security cooperation, along with all manner of institutional cooperation. In terms of bilateral economic cooperation, Taiwan has always been one of the US’s most reliable trade partners, as well as one of the most important cooperative partners of US companies in the global semiconductor industry. In the past few years, Taiwan has greatly increased both direct and indirect investment in the US. By 2024, investment surpassed US$100 billion, creating nearly 400,000 job opportunities. In 2023 and 2024, investment in the US accounted for over 40 percent of Taiwan’s overall foreign investment, far surpassing our investment in China. In fact, in 2023 and 2024, Taiwanese investment in China fell to 11 percent and 8 percent, respectively. The US is now Taiwan’s biggest investment target. Our government is now launching relevant plans in accordance with national development needs and the need to establish secure supply systems, and the Executive Yuan is taking comprehensive inventory of opportunities for Taiwan-US economic and trade cooperation. Moving forward, close bilateral cooperation will allow us to expand US investment and procurement, facilitating balanced trade. Our government will also strengthen guidance and support for Taiwanese enterprises on increasing US investment, and promote the global expansion and growth of Taiwan’s industries. We will also boost Taiwan-US cooperation in tech development and manufacturing for AI and advanced semiconductors, and work together to maintain order in the semiconductor market, shaping a new era for our strategic economic partnership. Second, the development of our semiconductor industry. I want to emphasize that Taiwan, as one of the world’s most capable semiconductor manufacturing nations, is both willing and able to address new situations. With respect to President Trump’s concerns about our semiconductor industry, the government will act prudently, strengthen communications between Taiwan and the US, and promote greater mutual understanding. We will pay attention to the challenges arising from the situation and assist businesses in navigating them. In addition, we will introduce an initiative on semiconductor supply chain partnerships for global democracies. We are willing to collaborate with the US and our other democratic partners to develop more resilient and diversified semiconductor supply chains. Leveraging our strengths in cutting-edge semiconductors, we will form a global alliance for the AI chip industry and establish democratic supply chains for industries connected to high-end chips. Through international cooperation, we will open up an entirely new era of growth in the semiconductor industry. As we face the various new policies of the Trump administration, we will continue to uphold a spirit of mutual benefit, and we will continue to communicate and negotiate closely with the US government. This will help the new administration’s team to better understand how Taiwan is an indispensable partner in the process of rebuilding American manufacturing and consolidating its leadership in high-tech, and that Taiwan-US cooperation will benefit us both. Third, cross-strait relations. Regarding the regional and cross-strait situation, Taiwan-US relations, US-China relations, and interactions among Taiwan, the US, and China are a focus of global attention. As a member of the international democratic community and a responsible member of the region, Taiwan hopes to see Taiwan-US relations continue to strengthen and, alongside US-China relations, form a virtuous cycle rather than a zero-sum game where one side’s gain is another side’s loss. In facing China, Taiwan will always be a responsible actor. We will neither yield nor provoke. We will remain resilient and composed, maintaining our consistent position on cross-strait relations: Our determination to safeguard our national sovereignty and protect our free and democratic way of life remains unchanged. Our efforts to maintain peace and stability in the Taiwan Strait, as well as our willingness to work alongside China in the pursuit of peace and mutual prosperity across the strait, remain unchanged. Our commitment to promoting healthy and orderly exchanges across the strait, choosing dialogue over confrontation, and advancing well-being for the peoples on both sides of the strait, under the principles of parity and dignity, remains unchanged. Regarding the matters I reported to the public today, I have instructed our national security and administrative teams to take swift action and deliver results, working within a stable strategic framework and according to the various policies and approaches I just outlined. I have also instructed them to keep a close watch on changes in the international situation, seize opportunities whenever they arise, and address the concerns and hope of the citizens with concrete actions. My fellow citizens, over the past several years, Taiwan has weathered a global pandemic and faced global challenges, both political and economic, arising from the US-China trade war and Russia’s invasion of Ukraine. Through it all, Taiwan has persevered; we have continued to develop our economy, bolster our national strength, and raise our international profile while garnering more support – all unprecedented achievements. This is all because Taiwan’s fate has never been decided by the external environment, but by the unity of the Taiwanese people and the resolve to never give up. A one-of-a-kind global situation is creating new strategic opportunities for our one-of-a-kind Taiwanese people, bringing new hope. Taiwan’s foundation is solid; its strength is great. So as long as everyone remains steadfast in their convictions, is willing to work hand in hand, stands firm amidst uncertainty, and looks for ways to win within changing circumstances, Taiwan is certain to prevail in the test of our time yet again, for I am confident that there are no difficulties that Taiwan cannot overcome. Thank you.

    MIL OSI Asia Pacific News

  • MIL-OSI Australia: Call for information – Indecent Assaults – Katherine

    Source: Northern Territory Police and Fire Services

    The Northern Territory Police Force are calling for information following indecent assaults that occurred in Katherine this morning.

    Around 6am, three women were traveling together on foot along the Stuart Highway outbound from Katherine, when an unknown male approached and indecently assaulted them.

    At 6:30am, a female youth was approached and indecently assaulted by the same male near the Katherine Art Gallery on Stuart Highway, Katherine.

    The offender is described as of aboriginal appearance, medium build, wearing a sports style shirt with ‘00’ on the back and black shorts with medium length dark curly hair. 

    Police are investigating and urge anyone with information, including dash cam or CCTV footage, to contact police on 131 444 and quote reference number P25043675.

    Anonymous reports can be made through Crime Stoppers on 1800 333 000 or through https://crimestoppersnt.com.au/

    MIL OSI News

  • MIL-OSI: Year-end Report – January-December 2024

    Source: GlobeNewswire (MIL-OSI)

    STOCKHOLM – 14 February 2025. Karolinska Development AB (Nasdaq Stockholm: KDEV) today publishes its Year-end Report January-December 2024. The full report is available on the Company’s website.

    “Stronger liquidity will ensure our ongoing ability to continue advancing the portfolio companies who are at earlier stages in the development phase and offer the potential for creating substantial value going forward”, says Viktor Drvota, CEO, Karolinska Development.

    Significant events during the fourth quarter

    • The portfolio company Umecrine Cognition presented new preclinical data on golexanolone, showing retained dopamine signaling in Parkinson’s disease, at the 10th International Conference on Neurology and Brain Disorders 2024 in Baltimore, Maryland, US (October 2024).
    • The portfolio company SVF Vaccines, presented positive clinical safety and immunogenicity data from a clinical phase 1 study of the universal Covid-19 vaccine candidate, SVF-002 (October 2024).
    • The portfolio company BOOST Pharma successfully completed a pre-IND meeting with the U.S. Food and Drug Administration, FDA, for its cell therapy aiming to treat children with the rare bone disease Osteogenesis Imperfecta (OI). The positive outcome from the meeting triggered the second tranche of previously agreed investment from Karolinska Development (November 2024).
    • Karolinska Development’s Extra General Shareholders’ Meeting on 13 November 2024 decided, among other things, to elect Will Zeng, with the dismissal of the current director Theresa Tse, as a new director of the Board of Directors. The current directors Hans Wigzell, Anna Lefevre Skjöldebrand, Benjamin Toogood and Philip Duong remain as directors of the Board of Directors and Hans Wigzell remains as chairperson (November 2024).
    • The portfolio company SVF Vaccines appointed Dr Gaston Picchio as acting CEO. He will assume the position with effect from November 15th, as Dr Richard Bethell decided to step down as CEO to pursue other professional interests while remaining associated with the company in an advisory role (November 2024).
    • The portfolio company Umecrine Cognition presented data from a recent interim analysis from an ongoing Phase 1b/2a clinical study of golexanolone in patients with Primary Biliary Cholangitis. The preliminary results show that golexanolone was well-tolerated and achieved drug exposure levels that correlate to clinical treatment doses. The results were presented at the Late Breaking Poster session at the American Association for the Study of Liver Diseases’ (AALSD) 75th Liver Meeting, in San Diego, CA, USA, on November 18, 2024 (November 2024).
    • The portfolio company Modus Therapeutics secured access to bridge financing of up to SEK 5 million from Karolinska Development, the company’s largest shareholder. The funding enabled Modus to initiate the recently approved phase 2a study in chronic kidney disease (November 2024).
    • Karolinska Development announced that the company has decided to implement organizational changes in order to reduce the cost base of its operations. The changes involve reducing the management team by one person and giving notice of redundancy to a total of three employees. This is estimated to reduce the company’s personnel costs by approximately 20 percent (December 2024).
    • The portfolio company, Modus Therapeutics, dosed the first patient in a phase 2 clinical study of the drug candidate sevuparin, evaluated as a treatment for chronic kidney disease with anemia. The study is being conducted at Centro Ricerche Cliniche di Verona in Italy (December 2024).
    • Karolinska Development divested 4,6 million shares in the portfolio company OssDsign and thereby strengthened the investment company’s liquidity. Karolinska Development holds nearly 5 million shares in OssDisgn after the divestment (December 2024).
    • Karolinska Development announced that the company’s Chairman of the Board, Professor Hans Wigzell, has decided to resign from his position. The Board of Directors of Karolinska Development appointed Ben Toogood as new Chairman until the next General Shareholders’ Meeting (December 2024).
    • The portfolio company Umecrine Cognition raised SEK 23.8 million through a convertible loan to be used for the continuation of the company’s clinical study of golexanolone in primary biliary cholangitis. The convertible loan with attached share options is directed to a consortium of investors (December 2024).

    Significant post-period events

    • The portfolio company AnaCardio secured SEK 205 million in a series A extension financing round and reported positive results from the first part of a Phase 1b/2a study of AC01 in patients with heart failure and reduced ejection fraction. The final part of the study (phase 2a) is expected to start during the first quarter of 2025 (January 2025).
    • The portfolio company Dilafor announced that it successfully completed regulatory meetings with the U.S. Food and Drug Administration, FDA, and European Health Agencies, regarding the continued development of the company’s drug candidate tafoxiparin. The completed meetings mark the end of a comprehensive dialogue with regulatory authorities in the US and EU to reach an alignment between the authorities on designing pivotal clinical Phase 3 studies in Europe and the US to evaluate tafoxiparin as a new potential treatment for priming of labor (January 2025).

    Financial update fourth quarter

    • The net profit/loss for the fourth quarter was SEK 18.6 million (SEK -1,9 million in the fourth quarter of 2023). Earnings per share totaled SEK 0.1 (SEK -0.01 in the fourth quarter of 2023).
    • The result of the Change in fair value of shares in portfolio companies for the fourth quarter amounted to SEK 18.7 million (SEK 6.6 million in the fourth quarter of 2023). The result is mainly the effect of the upturn in share price in the listed holdings OssDsign and Modus Therapeutics and also by an increase in value in AnaCardio in connection with the investment round. The upturn was partly offset by a downturn in the share price in the listed holdings.
    • The total fair value of the portfolio was SEK 1,451.5 million at the end of December 2024, corresponding to a decrease of SEK 11.6 million from SEK 1,463.1 million at the end of the previous quarter. The net portfolio fair value at the end of December 2024 was SEK 1,120.8 million, corresponding to a decrease of SEK 1.0 million from SEK 1,121.8 million at the end of the previous quarter. The main reason for the net decrease in fair value was the partial divestment of OssDsign and the downturn in the share price of the listed holding Promimic. The decrease was partially offset by the increase in the price of the listed holdings OssDsign and Modus Therapeutics together with the increase in value of AnaCardio in connection with the investment round. The quarter’s investments in Umecrine Cognition and BOOST Pharma also contributed to the increase in fair value.
    • Net asset value amounted to SEK 1,245.0 million, per share SEK 4.6, at the end of December 2024 (SEK 1,253.4 million, per share SEK 4.6 at the end of December 2023).
    • Net sales totaled SEK 0.5 million during the fourth quarter of 2024 (SEK 0.5 million during the fourth quarter of 2023).
    • Karolinska Development invested a total of SEK 19.4 million in portfolio companies during the fourth quarter of 2024 (SEK 41.6 million in the fourth quarter of 2023). Fourth quarter 2024 investments in portfolio companies by Karolinska Development and other specialized life sciences investors totaled SEK 155.7 million (SEK 125.3 million in the fourth quarter of 2023).
    • Cash and cash equivalents increased by SEK 12.7 million during the fourth quarter, totaling SEK 52.0 million on 31 December 2024 (SEK 85.3 million on 31 December 2023).

    Financial update full-year

    • The full-year net profit/loss was SEK -8.1 million (SEK 5.4 million in 2023). Earnings per share totaled SEK -0.03 (SEK 0.02 in 2023).
    • The full-year result for the change in the fair value of the portfolio amounted to SEK 1.6 million (SEK 15.2 million during 2023).
    • The total fair value of the portfolio was SEK 1,451.5 million at the end of December 2024, an increase from SEK 1,440.3 million at the corresponding date in 2023. The net portfolio fair value was SEK 1,120.8 million, an increase by SEK 10.5 million from SEK 1 110.3 million at the corresponding date in 2023.
    • Net asset value amounted to SEK 1,245.0 million, per share SEK 4.6, at the end of December 2024 (SEK 1,253.4 million, per share SEK 4.6 at the end of December 2023).
    • Revenue totalled SEK 1.8 million for the full-year of 2024 (SEK 2.0 million in 2023).
    • Karolinska Development invested a total of SEK 62.0 (103.0) million in its portfolio companies during the full-year. Full-year investments in the portfolio companies by Karolinska Development and other specialised life sciences investors totalled SEK 490.3 (394.5) million.
    • Karolinska Development’s cash compensation from sold shares and earn-out agreements regarding divested portfolio companies amounted to SEK 42.4 (18.3) million during the year.
    • Cash and cash equivalents decreased by SEK 43.3 million during the full-year, totalling SEK 42.0 (85.5) million on 31 December 2024.
    • The Board does not propose any dividend for the financial year 2024.

    The Year-end Report for Karolinska Development AB for the period January-December 2024 is available as a PDF at www.karolinskadevelopment.com.

    For further information, please contact:

    Viktor Drvota, CEO, Karolinska Development AB
    Phone: +46 73 982 52 02, e-mail: viktor.drvota@karolinskadevelopment.com

    Hans Christopher “HC” Toll, CFO, Karolinska Development AB        
    Phone: +46 70 717 00 41, e-mail: hc.toll@karolinskadevelopment.com

    TO THE EDITORS

    About Karolinska Development AB

    Karolinska Development AB (Nasdaq Stockholm: KDEV) is a Nordic life sciences investment company. The company focuses on identifying breakthrough medical innovations in the Nordic region that are developed by entrepreneurs and leadership teams. The Company invests in the creation and growth of companies that advance these assets into commercial products that are designed to make a difference to patients’ lives while providing an attractive return on investment to shareholders.

    Karolinska Development has access to world-class medical innovations at the Karolinska Institutet and other leading universities and research institutes in the Nordic region. The Company aims to build companies around scientists who are leaders in their fields, supported by experienced management teams and advisers, and co-funded by specialist international investors, to provide the greatest chance of success.

    Karolinska Development has established a portfolio of eleven companies targeting opportunities in innovative treatment for life-threatening or serious debilitating diseases.

    The Company is led by an entrepreneurial team of investment professionals with a proven track record as company builders and with access to a strong global network.

    For more information, please visit www.karolinskadevelopment.com

    Attachments

    The MIL Network

  • MIL-OSI: Morpheus Labs Partners with CertiK to Power TN7’s Smart Contracts in Their First Joint Initiative

    Source: GlobeNewswire (MIL-OSI)

    Graphic download: Synthcity Overview (1).png

    SINGAPORE, Feb. 14, 2025 (GLOBE NEWSWIRE) — Morpheus Labs has teamed up with CertiK, a leader in blockchain security, to enhance the security and reliability of smart contracts. This collaboration strengthens blockchain ecosystems and supports the tokenization of Real-World Assets (RWA), opening up new possibilities for tokenized content and intellectual property. The partnership kicks off with TN7, a new content universe built around the first digital comic series from Viu, PCCW’s leading pan-regional OTT video streaming service.

    TN7: A Pioneering Digital Content Platform

    TN7 is a Viu initiative that explores new possibilities for community-driven storytelling, integrating Web3 elements to empower creators. It integrates secure and efficient smart contracts as part of its infrastructure. Through Morpheus Labs’ collaboration with CertiK, these contracts undergo rigorous auditing and reinforcement, ensuring a stable and secure foundation for the platform’s interactive ecosystem.

    CertiK Joins to Fortify Smart Contract Security

    CertiK brings advanced AI-driven auditing solutions to reinforce TN7’s smart contracts, enhancing security for the platform and its creators. Ronghui Gu, co-founder of CertiK, stated: “We are excited to partner with Morpheus Labs. Their AI-powered Smart Contract Studio provides the first end-to-end solution for smart contract development and auditing.Together, we aim to set new standards in blockchain security and reduce cybercrime threats.”

    A Strong Beginning for the Partnership

    This collaboration on TN7 marks the first step in an ongoing partnership aimed at advancing security in blockchain-powered digital content platforms. Morpheus Labs’ Smart Contract Studio, combined with CertiK’s auditing expertise, provides intuitive, seamless and highly secure smart contracts. Anson, Country Head at Viu Singapore, said: “Security is essential to TN7’s vision of a dynamic, creator-driven universe. With CertiK’s expertise and Morpheus Labs’ platform, we are confident in providing a stable and secure environment for our growing community.”

    Setting a New Standard in Web3 Security

    By combining CertiK’s auditing capabilities with Morpheus Labs’ Smart Contract Studio, the partnership delivers an end-to-end solution for smart contract development and auditing, addressing the growing need for robust cybersecurity in Web3. Pei-Han Chuang, CEO of Morpheus Labs, added: “Our Smart Contract Studio simplifies development while integrating thorough auditing services. The TN7 project is just the start of how this partnership will benefit businesses seeking secure smart contract solutions.”

    A Secure Future for Web3

    Together, Morpheus Labs and CertiK are setting a new standard for developing and securing smart contracts while onboarding more customers, starting with the TN7 project. As Web3 evolves, this collaboration strengthens the security framework for TN7 and sets a precedent for protecting digital content platforms integrating blockchain technology.

    About Morpheus Labs

    Morpheus Labs is a leading developer lab in South East Asia specializing in blockchain integration, offering a comprehensive suite of tools and services to streamline the development and deployment of blockchain-based projects. With a focus on driving adoption and innovation, Morpheus Labs empowers developers and enterprises to leverage the full potential of Web3 technologies.

    To learn more about Morpheus Labs, visit https://morpheuslabs.io. Try the Smart Contract Studio for free at https://web3-platform.morpheuslabs.io.

    About CertiK

    CertiK’s mission is to secure the Web3 world. Starting with blockchain, CertiK applies cutting-edge innovations from academia into Enterprise, enabling mission-critical applications to be built with security and accuracy. Headquartered in New York City, CertiK was founded by computer science professors Ronghui Gu and Zhong Shao. CertiK is backed by industry leaders, including Insight Partners, Tiger Global, Sequoia, Coatue Management, Advent International, Goldman Sachs, Lightspeed, SoftBank Vision Fund 2, Hillhouse Capital, Binance, Coinbase Ventures, and more.

    To learn more, please visit https://www.certik.com/

    About Viu

    Viu, a leading pan-regional over-the-top (OTT) video streaming service, is available in 16 markets across Asia, the Middle East, and South Africa.

    The Viu service is available to consumers through a dual model, with an ad-supported free tier and a premium subscription tier. In addition to premium original productions under the brand “Viu Original”, Viu showcases TV series, movies, and lifestyle programmes from top content providers in local and regional languages with subtitles. Viu Scream Dates, its multi-market fan-meet offering, extends the Viu experience beyond the screens by bringing stars closer to their fans via live events.

    In June 2023, PCCW and CANAL+ formed a partnership to accelerate the growth of Viu, making CANAL+ a strategic investor in Viu.

    Viu also operates MOOV, a popular digital music streaming and live concerts service in Hong Kong.

    Viu is a member of PCCW Media under PCCW Limited, a global company headquartered in Hong Kong with interests in telecommunications, media, IT solutions, property development and investments, and other businesses. PCCW also operates ViuTV, a free television service in Hong Kong, through HK Television Entertainment Company Limited, and has interests in Pacific Century Premium Developments Limited, among other global investments.

    For more information, please visit www.viu.com.

    Morpheus Labs Social Links

    X: https://twitter.com/MorpheusLabs_io
    Telegram: https://t.me/morpheuslabs
    Discord: https://discord.com/invite/mbdXpD2fZm

    Website: https://morpheuslabs.io/

    For media inquiries, please contact:
    Contact: Lyn Ngan
    Email: lyn@morpheuslabs.io

    For partnership inquiries, please contact:
    Contact: Leonard Ong
    Email: leonard@morpheuslabs.io

    Book a Consultation:https://appt.link/morpheuslabs/book-a-consultation

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5aa0632c-1cf4-4077-8b20-7c32e156412e

    The MIL Network

  • MIL-OSI: Publishing of Innofactor’s 2024 Financial Statements Bulletin

    Source: GlobeNewswire (MIL-OSI)

    Innofactor Plc Investor News, on February 14, 2025, at 9:00 Finnish time

    Innofactor Plc will publish its 2024 Financial Statements Bulletin on Friday, February 28, 2025, at approximately 9:00 am Finnish time.

    The financial statement release will be available on the company’s website after publishing.

    Espoo, February 14, 2025

    INNOFACTOR PLC

    Sami Ensio, CEO

    Additional information:
    Sami Ensio, CEO
    Innofactor Plc
    Tel. +358 50 584 2029
    sami.ensio@innofactor.com

    Distribution:
    NASDAQ Helsinki
    Main media
    www.innofactor.com

    Innofactor
    Innofactor is the leading driver of the modern digital organization in the Nordic Countries for its about 1,000 customers in commercial and public sector. Innofactor has the widest solution offering and leading know-how in the Microsoft ecosystem in the Nordics. Innofactor has about 600 enthusiastic and motivated top specialists in Finland, Sweden, Denmark and Norway. www.innofactor.com #AIDriven #PeopleFirst #BeTheRealYou

    The MIL Network

  • MIL-OSI New Zealand: Universities – Hon. Carmel Sepuloni talks Celebrity Treasure Island and imposter syndrome on return to University of Auckland

    Source: University of Auckland (UoA)

    New Zealand’s first Pacific Deputy Prime Minister Hon. Carmel Sepuloni returned to the place that became the catalyst for her political career, Waipapa Taumata Rau, the University of Auckland.

    Accompanied by fellow alumnus Labour MP Hon. Shanan Halbert, she spoke with a cohort of Māori and Pacific school leavers on 10 February as a guest of Unibound, the summer academic enrichment programme designed to ease students into university life.
     
    Despite having risen to the highest ranks of political life the Deputy Leader of the Opposition says she much prefers talking policy rather than sharing her own story.
     
    “It’s probably one of the most uncomfortable things to do. I’d much rather talk about policy and politics than my personal backstory. But I think it’s really important to come back here and talk to the students.”
     
    As a highly experienced politician Sepuloni (Samoa, Tonga and Pākehā) is used to Question Time. However it was likely her first Q&A session including questions about her time on Celebrity Treasure Island. In particular the challenge with media personality Gabby Solomona where both held a block together using only their feet.
     
    “Of course I got asked some questions about Celebrity Treasure Island and the challenge with Gabby and what that meant, and I could speak to the importance of that ‘duty of care’ we have to each other as part of being Pacific people, and how sometimes we will actually achieve more out of working with a sense of obligation to someone else, as opposed to just our own individual pursuits.”
     
    Sepuloni studied at the Auckland College of Education and later gained a Bachelor of Education and Diploma of Primary School Teaching with the University of Auckland. She also ran the University’s Tuakana programme as Equity Manager with the Faculty of Arts for five years, working predominantly with Māori and Pacific undergraduate students.
     
    “This was so very close to my own heart and also a catalyst for what got me into politics in the first place,” she says of her passion that also extended to working with youth who had fallen out of the schooling system.
     
    “It was my passion for education, for our Pacific community. My first hand witness to the inequities that exist for us as Pacific people in the education system.  And so I will always take up the opportunity to come back to the University of Auckland, particularly to see our Pacific students.”
     
    As well as the numerous questions about politics, the discussion turned to Imposter syndrome and Sepuloni was able to cast back to more than three decades ago when she was an undergraduate student at the University and the first in her family to venture into the tertiary space.
     
    “We talked about imposter syndrome and I mentioned that I actually had it as an undergrad student, because I was the first in my family, like many of them, to come to university.
     
    “So the space and the environment was quite unfamiliar and scary for me to start with. We talked about imposter syndrome in that setting, but I said that for many of us that are brown and women, that it’s something that that we may carry for life, but it isn’t necessarily to the same extent.”
     
    Speaking with the young audience, Sepuloni realised there were many shared similarities but was aware that time and progress had a made a difference.
     
    “I guess the thing that I’m cognizant of is these kids are so much younger than me.
    I’m standing there talking to them, and I realize that I could be their mother, reflecting and realizing it’s nearly been 30 years since I was a first-year university student. So I’m really mindful that despite the fact we’ll have some similarities and experience, and that some things haven’t changed that much, there is still, you know, a huge amount of difference between us.”
     
    Pro Vice-Chancellor Pacific Professor Jemaima Tiatia-Siau says having the Leader of the Opposition and the country’s first former Pacific female Deputy Prime Minister was an invaluable experience for the Unibound school leavers to realise what the future could hold in store for them.
     
    “This was an invaluable experience for our young people to be in the same room as the Hon. Carmel Sepuloni; the opportunity to ask her about her journey and the steps she took toward her accomplishments, it has made a great impression and given them motivation as they set out on the start of their tertiary journey.”
     
    Professor Tiatia-Siau also acknowledged ethnomusicologist and lecturer Sharon Televave along with UniBound acting manager Sara Toleafoa for bringing Sepuloni back to the University.
     
    “Vā Fealoa’i is a Samoan concept, which is about relationality. Similarly, Tauhi Vā is a Tongan concept about relationality. Nurturing vā or relationships, is essential in Pacific cultures, this made it seamless for us to contact the Hon Carmel Sepuloni, says Sharon Televave.
     
    As an alumni and former staff member of the University, Televave was hopeful the visit would plant seeds to empower our Pacific students about to embark on their academic journeys.

    MIL OSI New Zealand News

  • MIL-OSI China: ‘Ne Zha 2’ derivatives ride blockbuster wave

    Source: China State Council Information Office 3

    This photo taken on Feb. 13, 2025 shows a poster for the Chinese animated film “Ne Zha 2” at a cinema in Chaoyang District of Beijing, capital of China. [Photo/Xinhua]

    Fans of record-breaking blockbuster Chinese movie “Ne Zha 2” are making significant waves in the derivatives market, clearing out retailer inventories and even creating DIY character-shaped dolls and food items.

    Since the film’s debut on the first day of the Chinese New Year, which was Jan. 29 this year, sales of its collectibles, ranging from mystery toy boxes and cards to fridge magnets and badges, have reportedly topped 50 million yuan (about 6.97 million U.S. dollars) on Taobao, a leading e-commerce platform in China.

    This sequel to the 2019 hit “Ne Zha,” with inspirations derived from Chinese mythological tales, has already drawn over 200 million cinema-goers, the highest number in the country’s film history.

    The film became an instant holiday box office hit thanks to its contemporary re-imagination of Ne Zha, a well-known mythical figure with extraordinary powers, and via its intriguing plot twists. As of Wednesday, it had grossed over 9 billion yuan, igniting high public enthusiasm for its collectibles.

    Customers inquiring about toys featuring characters from the film are often left disappointed at stores across China. A salesperson at a trendy toy store in downtown Nanjing in east China’s Jiangsu Province said even display samples were sold out. “We expect to restock items like laser cards later.”

    Notably, Hunan Sunny & Sandy Toys Manufacturer Co. Ltd., the film’s sole licensed manufacturer of 3D food-grade plastic toys in China, reported sales of over 450,000 mystery toy box sets through live-streaming in just 11 days — ranking first in terms of the sales of board-game merchandise on the video platform. In addition, more than 10 million of these sets have been sold through offline partnerships.

    Yang Zhenlin, assistant to the company’s chairman, said their factory workshops had to resume operations ahead of schedule after the Spring Festival holiday, with their hundreds of staff members working tirelessly to replenish inventory. “We had great confidence in the film even before its release, so we promptly secured the copyright,” Yang told Xinhua.

    This week, on e-commerce platforms, some stores have gradually restored supplies. Businesses in the second-hand market have remained brisk.

    Fans have also discovered that the gold bracelets they had purchased after the first Ne Zha film came out in 2019, with designs inspired by the “universe ring” on Ne Zha’s arm, have tripled in value on the second-hand market, thanks to both the success of “Ne Zha 2” and a higher gold price.

    Some fans have gone so far as to make their own versions of it, using wood, plasticine, flour and even thread. Coinciding with the Lantern Festival on Feb. 12, netizens shared creative improvisations of Ne Zha-shaped glutinous rice dumplings, a festive food.

    Miao Lingyi, a 10-year-old girl living in east China’s Shanghai, expressed her admiration for the character Ao Bing, the son of the Dragon King, stating her desire to use her pocket money to buy a collectible featuring him. “I really love the character and I don’t mind waiting a while for the collectible,” she said.

    According to experts, the film’s huge success stemming from its captivating plot and stunning special effects, has evoked emotional attachment and resonance with characters among its audiences, while some related products feature limited edition designs — thereby enhancing their value as collectibles and stimulating consumer purchasing enthusiasm.

    Ye Guofu, founder of MINISO, a Chinese retailer known for its fashionable but affordable household products, said that Chinese consumers’ growing focus on emotional value attached to commodities, particularly among the younger generations, is expected to further drive the consumption of IP-featured products, such as those related to domestic animated films and games.

    With this lucrative market rapidly expanding, experts have stressed the importance of both IP innovation and product quality, while warning against risks of market irregularities and intellectual property rights violations.

    Law professor Zheng Ning with Communication University of China suggested that market regulators strengthen oversight to combat potential price gouging and the sale of substandard products — thereby ensuring a more orderly market environment.

    Zhao Liangshan, a lawyer in northwest China’s Shaanxi Province, cautioned that handcrafted items made for personal use are not allowed for commercial purposes.

    As “Ne Zha 2” enters international markets, Hunan Sunny & Sandy Toys Manufacturer Co., Ltd. aims to target global markets — particularly in Asia, North America and Europe.

    The film is set to be screened in various countries, including the United States, Canada, Australia, New Zealand, South Africa, Egypt, Singapore, Japan and the Republic of Korea, with premieres in Los Angeles and Sydney having received positive responses from professionals and fans alike.

    MIL OSI China News

  • MIL-OSI China: ​New ‘Harry Potter’ attraction to open in Shanghai in 2027

    Source: China State Council Information Office 3

    Warner Bros. Discovery Global Experiences announced on Feb. 12 that it has partnered with Jinjiang International, a leading travel and hospitality conglomerate in China, to develop “Warner Bros. Studio Tour Shanghai – The Making of Harry Potter,” set to open in 2027.

    A concept image of Diagon Alley at the planned “Harry Potter” studio tour attraction in Shanghai. [Image courtesy of Warner Bros. Discovery Global Experiences]

    The attraction, pending regulatory approval, will be China’s first “Harry Potter” studio tour and will be located at Shanghai Jinjiang Action Park. It represents the first major expansion of Warner Bros. Discovery Global Experiences’ portfolio since the division was formed in September.

    The indoor facility will guide visitors on an enchanting behind-the-scenes journey of the “Harry Potter” films, including iconic sets designed by the films’ creative team. The tour will feature authentic costumes, props and interactive displays, allowing visitors to step into scenes from the films and discover the creative process that brought the beloved book series to the screen, according to the press release.

    “Warner Bros. Studio Tour Shanghai – The Making of Harry Potter” will occupy approximately 53,000 square meters, comprising an indoor soundstage and an outdoor backlot that visitors can tour in roughly half a day. A landscaped park area will be created in front of the attraction for both tour visitors and the general public.

    The “Harry Potter” franchise continues to captivate audiences 25 years after its debut. J.K. Rowling’s best-selling novels have inspired eight blockbuster “Harry Potter” movies, three “Fantastic Beasts” films, the stage production “Harry Potter and the Cursed Child,” and various video games. Fans can currently visit five themed areas at Universal Studios parks worldwide and take studio tours in London and Tokyo. Warner Bros. is also developing a new HBO Original series based on the books.

    MIL OSI China News

  • MIL-OSI Australia: Call for information – Motor vehicle crash – Alice Springs

    Source: Northern Territory Police and Fire Services

    The Northern Territory Police Force is investigating the circumstances of a motor vehicle crash that occurred early this morning in Alice Springs.

    Around 1.10am, police CCTV operators sighted a motor vehicle crash at the intersection of Stott Terrace and Hartley Street.

    A white Toyota Hilux had initially collided with a black Toyota hatchback at the intersection of Telegraph Terrace and Stott Terrace, before continuing east along Stott Terrace. The Hilux subsequently struck a light pole before coming to a halt after colliding with a nearby tree.

    Emergency services responded and identified the 46-year-old male driver of the white Hilux had allegedly suffered stab wounds to his back and chest prior to the crash. He was conveyed to Alice Springs Hospital in a serious, but stable condition.

    Police believe the incident is related to an aggravated burglary that occurred earlier in the evening at a residence on Smith Street. Police received reports that one female and three males allegedly unlawfully entered the premises and threatened the 49-year-old male victim, before stealing items and his blue Toyota Hilux parked onsite

    The persons involved are believed to be known to each other.

    Southern Investigations have carriage of the investigation and urge anyone with information to contact 131 444 and quote reference P250043553. You can also report anonymously through Crime Stoppers on 1800 333 000 or through https://crimestoppersnt.com.au/.

    MIL OSI News

  • MIL-OSI China: ‘Ne Zha 2’ derivatives ride blockbuster wave, eye global market

    Source: China State Council Information Office

    This photo taken on Feb. 13, 2025 shows a poster for the Chinese animated film “Ne Zha 2” at a cinema in Chaoyang District of Beijing, capital of China. [Photo/Xinhua]

    Fans of record-breaking blockbuster Chinese movie “Ne Zha 2” are making significant waves in the derivatives market, clearing out retailer inventories and even creating DIY character-shaped dolls and food items.

    Since the film’s debut on the first day of the Chinese New Year, which was Jan. 29 this year, sales of its collectibles, ranging from mystery toy boxes and cards to fridge magnets and badges, have reportedly topped 50 million yuan (about 6.97 million U.S. dollars) on Taobao, a leading e-commerce platform in China.

    This sequel to the 2019 hit “Ne Zha,” with inspirations derived from Chinese mythological tales, has already drawn over 200 million cinema-goers, the highest number in the country’s film history.

    The film became an instant holiday box office hit thanks to its contemporary re-imagination of Ne Zha, a well-known mythical figure with extraordinary powers, and via its intriguing plot twists. As of Wednesday, it had grossed over 9 billion yuan, igniting high public enthusiasm for its collectibles.

    Customers inquiring about toys featuring characters from the film are often left disappointed at stores across China. A salesperson at a trendy toy store in downtown Nanjing in east China’s Jiangsu Province said even display samples were sold out. “We expect to restock items like laser cards later.”

    Notably, Hunan Sunny & Sandy Toys Manufacturer Co. Ltd., the film’s sole licensed manufacturer of 3D food-grade plastic toys in China, reported sales of over 450,000 mystery toy box sets through live-streaming in just 11 days — ranking first in terms of the sales of board-game merchandise on the video platform. In addition, more than 10 million of these sets have been sold through offline partnerships.

    Yang Zhenlin, assistant to the company’s chairman, said their factory workshops had to resume operations ahead of schedule after the Spring Festival holiday, with their hundreds of staff members working tirelessly to replenish inventory. “We had great confidence in the film even before its release, so we promptly secured the copyright,” Yang told Xinhua.

    This week, on e-commerce platforms, some stores have gradually restored supplies. Businesses in the second-hand market have remained brisk.

    Fans have also discovered that the gold bracelets they had purchased after the first Ne Zha film came out in 2019, with designs inspired by the “universe ring” on Ne Zha’s arm, have tripled in value on the second-hand market, thanks to both the success of “Ne Zha 2” and a higher gold price.

    Some fans have gone so far as to make their own versions of it, using wood, plasticine, flour and even thread. Coinciding with the Lantern Festival on Feb. 12, netizens shared creative improvisations of Ne Zha-shaped glutinous rice dumplings, a festive food.

    Miao Lingyi, a 10-year-old girl living in east China’s Shanghai, expressed her admiration for the character Ao Bing, the son of the Dragon King, stating her desire to use her pocket money to buy a collectible featuring him. “I really love the character and I don’t mind waiting a while for the collectible,” she said.

    According to experts, the film’s huge success stemming from its captivating plot and stunning special effects, has evoked emotional attachment and resonance with characters among its audiences, while some related products feature limited edition designs — thereby enhancing their value as collectibles and stimulating consumer purchasing enthusiasm.

    Ye Guofu, founder of MINISO, a Chinese retailer known for its fashionable but affordable household products, said that Chinese consumers’ growing focus on emotional value attached to commodities, particularly among the younger generations, is expected to further drive the consumption of IP-featured products, such as those related to domestic animated films and games.

    With this lucrative market rapidly expanding, experts have stressed the importance of both IP innovation and product quality, while warning against risks of market irregularities and intellectual property rights violations.

    Law professor Zheng Ning with Communication University of China suggested that market regulators strengthen oversight to combat potential price gouging and the sale of substandard products — thereby ensuring a more orderly market environment.

    Zhao Liangshan, a lawyer in northwest China’s Shaanxi Province, cautioned that handcrafted items made for personal use are not allowed for commercial purposes.

    As “Ne Zha 2” enters international markets, Hunan Sunny & Sandy Toys Manufacturer Co., Ltd. aims to target global markets — particularly in Asia, North America and Europe.

    The film is set to be screened in various countries, including the United States, Canada, Australia, New Zealand, South Africa, Egypt, Singapore, Japan and the Republic of Korea, with premieres in Los Angeles and Sydney having received positive responses from professionals and fans alike.

    MIL OSI China News

  • MIL-OSI China: Lantern festival illuminates Auckland for Chinese New Year celebration

    Source: China State Council Information Office 3

    The Auckland Lantern Festival returned on Thursday with a dazzling display of over 500 handmade lanterns, celebrating the Chinese New Year and welcoming the Year of the Snake.

    This year’s festival, which runs for four days, is expected to attract an estimated 110,000 visitors from across the region.

    A highlight of the festival is the magnificent handmade snake lantern, which will be prominently displayed beside the main stage. This lantern, along with zodiac lanterns commissioned especially for the Auckland Lantern Festival from previous years, including the Year of the Dragon (2024), Year of the Rabbit (2023), Year of the Tiger (2022), Year of the Ox (2021), and Year of the Rat (2020), adds a touch of tradition and continuity to the celebrations.

    The opening ceremony on Thursday was a vibrant spectacle featuring traditional lion and dragon dances and firecrackers. The crowd gasped in awe as the fire-breathing machine sent flames into the night sky, adding excitement to the auspicious celebration.

    In addition to the stunning lantern displays, the festival offers a variety of traditional and contemporary performances, street food, and activities for the whole family. Over 60 food stalls offer delicious cuisine from various cultures. From lamb skewers to sausages, bubble tea to sugar-coated fruits, dumplings to pork buns, even the pickiest gourmets indulge themselves with all the delicacies. Visitors can also explore 26 retail stalls selling colorful lanterns and souvenirs, ensuring there is something for everyone.

    Auckland resident Rana Toma and her two children have attended the Auckland Lantern Festival every year. Her 9-year-old daughter Ella was fascinated with the performances, particularly the Chinese cultural dances. “Ella loves it and is thinking about learning Chinese because she likes the culture so much,” said Toma.

    A cultural courtyard allows attendees to hire traditional Chinese clothing and appreciate traditional and contemporary art. An outdoor movie screening is available for those looking to relax, adding to the festive atmosphere. The main stage hosts culture and festive performances catering to all ages, ensuring entertainment for both young and old.

    As part of the celebrations, local light provider Vector Lights presents a dazzling Year of the Snake-inspired animated light show on the Auckland Harbour Bridge at the same time. The light shows will run every 15 minutes between 9 p.m. and midnight.

    This year, the organizer, Tataki Auckland Unlimited, an Auckland Council-controlled organization, introduced free ticketing for the first time. Every ticket includes free public travel for visitors.

    Chief Executive Nick Hill says, “This year’s BNZ Auckland Lantern Festival is set to be one of the best yet. I encourage everyone to get their tickets, take advantage of the free transport options and enjoy the many lanterns, performances and whanau activities at what will be a spectacular event for the region.”

    The first Auckland Lantern Festival was delivered in 2000 by the Asia New Zealand Foundation in partnership with then Auckland City Council at Albert Park. The event has since grown to be the largest cultural festival in the region, taking place over four days. 

    MIL OSI China News

  • MIL-OSI New Zealand: Tech and Environment – Samsung New Zealand Delivers on Commitment to Tackle the Pacific Islands’ E-Waste Crisis

    Source: Samsung

    Samsung ships over 38 tons of e-waste to New Zealand for responsible recycling

    AUCKLAND, NZ – February 14, 2025 – Samsung Electronics Co., Ltd. is proud to announce that it has fulfilled its commitment to addressing the growing e-waste crisis in the Pacific Islands. In partnership with Blue Orca and Echo, Samsung New Zealand has successfully facilitated the transportation and recycling of over 38 tonnes of end-of-life appliances, electrical, and electronic equipment, collected across the Pacific Islands.

    In 2024, Samsung New Zealand engaged Blue Orca to assess e-waste challenges across five Pacific Islands – Fiji, Samoa, Tonga, Cook Islands, and Timor-Leste. The assessment revealed a lack of local recycling infrastructure, raising concerns about the environmental impact of unmanaged e-waste in the region.

    “The absence of local recycling options and the severe environmental consequences outlined in the report pushed us to take action,” said Shannon Watts, Marketing Director, Samsung Electronics New Zealand. “Through our collaboration with Blue Orca and recycling partner Echo, we’ve been able to drive meaningful change and address the critical e-waste issue facing Pacific Island communities. This initiative helps protect the environment and supports local communities by ensuring responsible recycling of electronic waste.”

    Samsung, Blue Orca, and Echo achieved a significant milestone by collecting and transporting 38,502 kg of e-waste from Fiji, Samoa, Tonga, and the Cook Islands to New Zealand for recycling. This effort resulted in the prevention of 228 kg of toxic metals from contaminating the soil and avoided 11,042 kg of greenhouse gas emissions, contributing to the protection of the environment and benefiting local communities.

    “This initiative is a crucial step toward mitigating the environmental impact of e-waste in the Pacific Islands. It’s a testament to the power of collaboration between Samsung, Blue Orca, and Echo,” added Watts. “We’re proud to have played a role in diverting a significant volume of end-of-life electronics from landfills, ensuring they are now being recycled ethically and responsibly.”

    This Pacific Islands recycling program further supports Samsung New Zealand’s ongoing commitment to its global Everyday Sustainability Environmental Strategy, as part of the company’s efforts to contribute to tackle climate change. Over the past two years, Samsung New Zealand, in collaboration with Echo, has successfully recycled more than 73 tonnes of e-waste through local collection drives in Auckland. These initiatives empower New Zealanders to take responsibility for recycling their electronic waste, ensuring that it is handled responsibly and sustainably.

    E-Waste Collection Breakdown:

    Total e-waste collected: 38,502 kg

    Greenhouse gas emissions avoided: 11,042 kg

    Toxic metals diverted from landfill: 228 kg

    Island Breakdown:

    Fiji:

    • 4,328 kg of e-waste collected

    • 1,241 kg of greenhouse gas emissions avoided

    • 25.6 kg of toxic metals diverted from landfill

    Tonga:

    • 13,863 kg of e-waste collected

    • 3,976 kg of greenhouse gas emissions avoided

    • 81.99 kg of toxic metals diverted from landfill

    Samoa:

    • 12,911 kg of e-waste collected

    • 3,702.8 kg of greenhouse gas emissions avoided

    • 76.35 kg of toxic metals diverted from landfill

    Cook Islands:

    • 7,400 kg of e-waste collected

    • 2,122 kg of greenhouse gas emissions avoided

    • 43.77 kg of toxic metals diverted from landfill.

    About Samsung Electronics Co., Ltd.

    Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, digital appliances, network systems, and memory, system LSI, foundry and LED solutions. For the latest news, please visit the Samsung Newsroom at news.samsung.com.

    MIL OSI New Zealand News

  • MIL-OSI China: ​’Ne Zha 2′ hits staggering 10B yuan milestone, climbs global box office chart

    Source: China State Council Information Office 3

    After breaking all box office records in China, including hitting the 10 billion yuan ($1.37 billion) milestone on Thursday, the Chinese smash animated film “Ne Zha 2” has now set its sights on shattering records worldwide.

    The characters Ne Zha and Ao Bing are projected on the towers of the Tianfu International Financial Center in Chengdu, Sichuan province, Feb. 13, 2025. The film’s director and his company are based in Chengdu, and two cities in the province claim to be the birthplace of the Ne Zha legend. [Photo/China.org.cn]

    When the historic moment arrived for the film to become the first to surpass 10 billion yuan at China’s box office, it was more than a filmmaking achievement or cultural phenomenon — it was a source of national pride for Chinese filmmakers, the industry and the public. 

    The China Film Association promptly issued a congratulatory message, stating: “This film has created a box office miracle, promoting excellent traditional Chinese culture and the modern zeitgeist, innovating the form of contemporary Chinese cinema, showcasing the relentless artistic pursuit of Chinese filmmakers, and greatly boosting the film industry’s confidence. The glory of ‘Ne Zha 2’ is a highlight for Chinese cinema and, more importantly, a significant moment marking its rise from plateau to peak.”

    Directed by Yang Yu, better known as Jiaozi, the film follows the mythological figures Ne Zha and Ao Bing, who are reborn in bodies formed from lotuses after a catastrophe and must team up to face threats from vengeful dragon kings and a scheming god. It combines visually spectacular animation with a folklore-inspired narrative, delivering a blend of action, humor, heart and traditional Chinese culture. It involved five years of meticulous efforts from a 4,000-strong crew, as well as the combined forces of 138 Chinese animation and special effects companies.

    During the Spring Festival holiday, the film grossed nearly 5 billion yuan in seven days, but its momentum shows no signs of slowing, thanks to the enthusiasm of Chinese audiences. It surpassed the previous record holder “The Battle at Lake Changjin,” which took 5.77 billion yuan, on Feb. 6 to become the highest-grossing domestic film of all time. Since then, it has gone on to quickly set several other records. It is now the most-watched film ever by total viewers in Chinese box office history, with more than 200 million admissions registered by Feb. 13.

    For the premium large format market, IMAX reported Thursday that “Ne Zha 2” had earned 562 million yuan in IMAX box office revenue within just 15 days of its release, surpassing “Avengers: Endgame” to become the highest-grossing IMAX release ever in China.

    Audience members attend the premiere of “Ne Zha 2” in Hollywood, Los Angeles, Feb. 8, 2025. [Photo courtesy of CMC Pictures]

    Meanwhile, “Ne Zha 2” has also broken several records on the world stage. According to Maoyan Pro, the film is now the highest-grossing film in a single market worldwide, surpassing the $936.66 million record set by “Star Wars: Episode VII – The Force Awakens” in North America. On Feb. 8, it became the world’s first film to break into the $1 billion club in a single market, showcasing the immense potential of the Chinese market.

    Besides setting the single-market record, it is also the third-fastest film to reach the $1 billion mark worldwide, achieving the feat in just 12 days, following “Avengers: Endgame” (five days) and “Avengers: Infinity War” (11 days). By Feb. 14, with its China-only total, it became the third-highest-grossing animated feature worldwide in history and has already climbed to 17th on the global box office chart, including both animated and live-action films.

    A trailer for “Ne Zha 2” is displayed in Times Square, New York, Feb. 6, 2025. [Photo courtesy of CMC Pictures]

    Closely following its staggering box office growth has become a daily source of interest and entertainment for many fans, while analysts, big data algorithms and AI models continue to revise their projections daily. The latest projection, released Tuesday night by Maoyan Pro, suggests the film could reach 16 billion yuan for its entire run in the Chinese mainland alone — a figure beyond even the wildest imagination of those in the Chinese film industry. If it manages to reach this milestone, it would become the highest-grossing animated film of all time and the fifth-highest-grossing film in history, behind only the two “Avatar” installments, “Avengers: Endgame” and “Titanic.” These achievements would be remarkable for a Chinese film in a ranking dominated by Hollywood juggernauts. Notably, all of this would be accomplished solely with its China total, without contributions from overseas markets, unlike other global top-grossers that rely heavily on international markets.

    The potential for the film’s worldwide earnings is also being unleashed. “Ne Zha 2” began its global rollout on Feb. 13 through distributor CMC Pictures in Australia, New Zealand, Fiji and Papua New Guinea, followed by the United States and Canada on Feb. 14, with reports that most showings are selling out quickly. The film will also be released in other international territories, including Singapore, Malaysia, Saudi Arabia, Japan and Greece later this year.

    Performers stage a dragon dance outside the TCL Chinese Theatre at the premiere of “Ne Zha 2” in Hollywood, Los Angeles, Feb. 8, 2025. [Photo courtesy of CMC Pictures]

    A grand North American premiere of “Ne Zha 2” was held at the fully packed landmark TCL Chinese Theatre in Hollywood on Feb. 8, receiving rave reviews. Hollywood producer Robert King praised the film’s quality and scale, noting that Chinese films have made significant strides in storytelling in recent years. Georges Chamchoum, executive director of the Asian World Film Festival, expressed deep appreciation for the cultural evolution of Chinese cinema. Meanwhile, Oscar-winning producer Andre Morgan, known for producing “Million Dollar Baby,” described the movie as “unbelievable.”

    MIL OSI China News

  • MIL-OSI Australia: New appointments to the National Film and Sound Archive board

    Source: Australian Ministers 1

    The Albanese Labor Government has appointed Mrs Lucinda Brogden AM as Deputy Chair of the National Film and Sound Archive of Australia Board.

    Mr Joseph Thorp, Ms Caroline Lilley and Ms Jaclyn Lee-Joe have also been appointed as members of the Board, each for a term of three years.

    A treasured national collecting institution, the Archive collects, preserves and shares Australia’s audiovisual culture – providing an unbroken record of Australian creativity and diversity.

    Minister for the Arts, Tony Burke, said the appointments would strengthen the governance and strategic direction of the National Film and Sound Archive. 

    “Lucinda, Joe, Carol and Jackie have accomplished and varied careers in their respective fields with valuable experience working in Australia’s arts industry. 

    “Protecting our beloved cultural institutions for future generations means having the best leadership in place to safeguard them.”

    Mrs Lucinda Brogden AM has been a member of the Archive Board since December 2021 and has more than 30 years’ experience in accounting, finance and organisational psychology. She currently serves on a number of boards including as Chair of the Diabetes Australia Research Trust, Director of the Corporate Mental Health Alliance, Director at Australian Unity, and a Director of Be Kind Sydney. 

    In 2019, Mrs Brogden was awarded the Member of the Order of Australia for significant service to workplace mental health and wellbeing. 

    Mr Joseph Thorp is currently the Chair of the Board of Directors of the State Theatre Company of South Australia. Following a career in international business, Mr Thorp serves as Secretary of Synod of the Anglican Diocese of Adelaide and Director of professional advisory services firm Slingsby Taylor Pty Ltd. Mr Thorp sits on a variety of other boards including the Governance and Nominations Committee at AnglicareSA, and as a Director of the Anglican Representative (National Redress Scheme) Limited. Mr Thorp has also served as Chairman and member of different boards including Chair of the Council of Governors of St Peter’s College, and Chair of Guide Dogs South Australia and Northern Territory.

    Ms Carol Lilley has over 25 years’ experience in financial statement audit, governance and assurance, internal audit and project and risk management, with a particular focus on government. She is currently a member of the Treasury, Department of Industry, Science and Resources and Aged Care Quality Safety Commission Audit and Risk Committees. Ms Lilley is also on the Financial and Performance Reporting Sub Committee and Chair of the Financial Statements Sub Committee. Previously Ms Lilley has been a member of the Audit and Risk Committees’ for Services Australia and for the National Library of Australia. She’s also previously served as Chair of the Department of Home Affairs Audit and Risk Committee and as a member of the Finance Committee of the Archive from 2014 to 2021. 

    Ms Jaclyn Lee-Joe has more than 20 years’ experience working in marketing and digital transformation roles across the media and entertainment, financial services, telecommunications, technology and aviation sectors. She is currently Deputy Chair of the Board of Directors of Football Australia, Co-Chair of the Local Operating Entity Women’s Asia Cup 2026, Board Director of Hayes Theatre Co, and an External Member of the University of Sydney’s Risk and Performance Senate Committee. Prior to this, Ms Lee-Joe has worked as an advisor and manager at multiple media and communications companies including Netflix, BBC, Canva, Skype, K-Box Global and Virgin Mobile. 

    MIL OSI News