Category: Entertainment

  • MIL-OSI Analysis: AI and art collide in this engineering course that puts human creativity first

    Source: The Conversation – USA (2) – By Francesco Fedele, Associate Professor of Civil and Environmental Engineering, Georgia Institute of Technology

    A Georgia Tech University course links art and artificial intelligence. Yuichiro Chino/Moment via Getty Images

    Uncommon Courses is an occasional series from The Conversation U.S. highlighting unconventional approaches to teaching.

    Title of course:

    Art and Generative AI

    What prompted the idea for the course?

    I see many students viewing artificial intelligence as humanlike simply because it can write essays, do complex math or answer questions. AI can mimic human behavior but lacks meaningful engagement with the world. This disconnect inspired the course and was shaped by the ideas of 20th-century German philosopher Martin Heidegger. His work highlights how we are deeply connected and present in the world. We find meaning through action, care and relationships. Human creativity and mastery come from this intuitive connection with the world. Modern AI, by contrast, simulates intelligence by processing symbols and patterns without understanding or care.

    In this course, we reject the illusion that machines fully master everything and put student expression first. In doing so, we value uncertainty, mistakes and imperfection as essential to the creative process.

    This vision expands beyond the classroom. In the 2025-26 academic year, the course will include a new community-based learning collaboration with Atlanta’s art communities. Local artists will co-teach with me to integrate artistic practice and AI.

    The course builds on my 2018 class, Art and Geometry, which I co-taught with local artists. The course explored Picasso’s cubism, which depicted reality as fractured from multiple perspectives; it also looked at Einstein’s relativity, the idea that time and space are not absolute and distinct but part of the same fabric.

    What does the course explore?

    We begin with exploring the first mathematical model of a neuron, the perceptron. Then, we study the Hopfield network, which mimics how our brain can remember a song from just listening to a few notes by filling in the rest. Next, we look at Hinton’s Boltzmann Machine, a generative model that can also imagine and create new, similar songs. Finally, we study today’s deep neural networks and transformers, AI models that mimic how the brain learns to recognize images, speech or text. Transformers are especially well suited for understanding sentences and conversations, and they power technologies such as ChatGPT.

    In addition to AI, we integrate artistic practice into the coursework. This approach broadens students’ perspectives on science and engineering through the lens of an artist. The first offering of the course in spring 2025 was co-taught with Mark Leibert, an artist and professor of the practice at Georgia Tech. His expertise is in art, AI and digital technologies. He taught students fundamentals of various artistic media, including charcoal drawing and oil painting. Students used these principles to create art using AI ethically and creatively. They critically examined the source of training data and ensured that their work respects authorship and originality.

    Students also learn to record brain activity using electroencephalography – EEG – headsets. Through AI models, they then learn to transform neural signals into music, images and storytelling. This work inspired performances where dancers improvised in response to AI-generated music.

    The Improv AI performance at Georgia Tech on April 15, 2025. Dancers improvised to music generated by AI from brain waves and sonified black hole data.

    Why is this course relevant now?

    AI entered our lives so rapidly that many people don’t fully grasp how it works, why it works, when it fails or what its mission is.

    In creating this course, the aim is to empower students by filling that gap. Whether they are new to AI or not, the goal is to make its inner algorithms clear, approachable and honest. We focus on what these tools actually do and how they can go wrong.

    We place students and their creativity first. We reject the illusion of a perfect machine, but we provoke the AI algorithm to confuse and hallucinate, when it generates inaccurate or nonsensical responses. To do so, we deliberately use a small dataset, reduce the model size or limit training. It’s in these flawed states of AI that students step in as conscious co-creators. The students are the missing algorithm that takes back control of the creative process. Their creations do not obey AI but reimagine it by the human hand. The artwork is rescued from automation.

    What’s a critical lesson from the course?

    Students learn to recognize AI’s limitations and harness its failures to reclaim creative authorship. The artwork isn’t generated by AI, but it’s reimagined by students.

    Students learn chatbot queries have an environmental cost because large AI models use a lot of power. They avoid unnecessary iterations when designing prompts or using AI. This helps reducing carbon emissions.

    The Improv AI performance on April 15, 2025, featured dancer Bekah Crosby responding to AI-generated music from brain waves.

    What will the course prepare students to do?

    The course prepares students to think like artists. Through abstraction and imagination they gain the confidence to tackle the engineering challenges of the 21st century. These include protecting the environment, building resilient cities and improving health.

    Students also realize that while AI has vast engineering and scientific applications, ethical implementation is crucial. Understanding the type and quality of training data that AI uses is essential. Without it, AI systems risk producing biased or flawed predictions.

    Francesco Fedele does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. AI and art collide in this engineering course that puts human creativity first – https://theconversation.com/ai-and-art-collide-in-this-engineering-course-that-puts-human-creativity-first-256673

    MIL OSI Analysis

  • MIL-OSI: Say goodbye to cumbersome cloud mining! ETHRANSACTION provides miners with a steady increase in BTC, just like bees collecting honey

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 09, 2025 (GLOBE NEWSWIRE) — Are you still worried about buying mining machines, maintaining equipment, and finding cheap electricity? Antminer, Avalon, Shenma Miner, Bitmain… The traditional mining model is not only costly, but also requires professional technical support. It is no longer the best choice for ordinary users!

    Now, ETHRANSACTION has launched an innovative cloud mining rental plan, so you can easily participate in Bitcoin mining without buying mining machines or managing operations and maintenance, and enjoy stable passive income!

    Why choose ETHRANSACTION?

    1: Zero hardware investment-no need to buy mining machines, saving high costs
    2: Free operation and maintenance management-professional team is responsible for equipment maintenance, you just sit back and enjoy the benefits
    3: Flexible plan-a variety of cooperation plans to meet different investment needs
    4: Stable income-daily dividends, easy to earn Bitcoin

    The price of Bitcoin has hit new highs, and now is the best time to lay out! ETHRANSACTION makes mining simpler and more efficient. Whether it is a novice or a senior investor, you can easily participate and seize the wealth opportunities in the crypto market!

    ETHRANSACTION’s cloud mining method

    ETHRANSACTION takes cloud mining to the extreme: the platform provides a simple and convenient interface to ensure that even cryptocurrency novices can easily get started.

    ETHRANSACTION relies on renewable energy such as solar and wind power to power its cloud mining operations, significantly reducing mining costs and feeding the remaining electricity into the grid. This means that you can get powerful mining computing power without expensive hardware or enduring noise and heat at home. Simply purchase a mining contract using a computer or mobile phone and start making profits.

    How to get started:
    Start your smart mining journey with ETHRANSACTION! :

    · First register an account on the ETHRANSACTION official website.
    (New users successfully register and the platform will give you $19)

    · Choose a plan contract to purchase that suits you.
    All contract plans can view the investment amount, period, daily income and total income before purchase. For example:
    ①Contract price $100, contract period 2 days, daily income $9, total income $100+$18, (interest settled every 24 hours)

    ②Contract price $600.00, contract period 5 days, daily income $7.5, total income $600.00 + $37.5, (interest settled every 24 hours)

    ③Contract price $1300, contract period 14 days, daily income $16.9, total income $1300 + $236.6, (interest settled every 24 hours)

    · Purchase a contract plan successfully: ETHRANSACTION’s AI intelligence will immediately automatically allocate an infrastructure mining farm on your behalf and start mining for you.

    · Automatically settle profits every 24 hours and distribute the user’s profits to the account.

    Main features of ETHRANSACTION:
    Multiple payment methods: accept various cryptocurrencies to recharge: XRP, BTC, ETH, USDC, etc.

    Affiliate program: users can enjoy additional referral rewards. And up to 4% + 2% permanent referral commission income can be obtained.

    ETHRANSACTION attaches great importance to user security. All personal information is encrypted and protected, and the purchased plan contracts have insurance policies from insurance companies.

    Customer service is online 24 hours a day to provide real-time help to users in various regions around the world.

    Summary:

    As the world’s top cloud mining service platform, ETHRANSACTION provides transparent, secure and legal cloud mining services, provides a convenient entry for cloud mining, and focuses on practicality and sustainable and stable development. Whether you are exploring the cryptocurrency space for the first time or looking for a smooth mining experience, ETHRANSACTION can provide you with the best digital asset trading platform.

    If you want to know more about ETHRANSACTION, please visit its official website: https://ethransaction.vip

    Media Details:
    Email: info@ethransaction.vip
    Website: https://ethransaction.vip

    Attachment

    The MIL Network

  • MIL-OSI Analysis: Exploring questions of meaning, ethics and belief through Japanese anime

    Source: The Conversation – USA (2) – By Ronald S. Green, Professor and Chair of the Department of Philosophy and Religious Studies, Coastal Carolina University

    A still from the Japanese anime ‘Spirited Away.’ Choo Yut Shing via Flickr, CC BY

    Uncommon Courses is an occasional series from The Conversation U.S. highlighting unconventional approaches to teaching.

    Title of course:

    Anime and Religious Identity: Cultural Aesthetics in Japanese Spiritual Worlds

    What prompted the idea for the course?

    As a scholar who studies Japanese religion and has a lifelong love of visual storytelling, I started using anime in my class to spark conversations around the Buddhist ideas of karma and Shintō notions of “kami,” or spirits in nature.

    When I introduced the idea of karma, a scene from “Mob Psycho 100” – a Japanese manga and anime series from 2016 to 2022 about a shy teenage boy with powerful psychic abilities – came up in discussion. It sparked a conversation about how our intentions and actions carry real moral weight. In Buddhism, karma is not just about punishment or reward in a future life. It is believed to play out in the present – shaping how we relate to others and how we grow or get stuck as people.

    Later, when I explained kami in Shintō, a quiet moment from “Mushishi” helped students think differently about the world around them. “Mushishi” is a slow-paced, atmospheric anime about a wandering healer who helps people affected by mysterious spiritlike beings called mushi. These beings are not gods or monsters but part of nature itself – barely seen, yet always present. The series gave students a visual language for imagining how spiritual forces might exist in ordinary places.

    The Japanese animation movie ‘Mushishi.’

    Over the years, two moments convinced me to create a full course. First was my students’ strong reaction to Gyōmei Himejima, the Pure Land Buddhist priest in “Demon Slayer.” He is a gentle but powerful guardian who refuses to hate the demons he must fight. His actions lead to honest and thoughtful conversations about compassion, fear and the limits of violence.

    One student asked, “If Gyōmei doesn’t hate even the demons, does that mean violence can be compassionate?” Another pointed out that Gyōmei’s strength does not come from anger, but from grief and empathy. These kinds of insights showed me that anime was helping students think through complex ethical questions that would have been harder to engage through abstract theory alone.

    The second moment came from watching “Dragon Ball Daima.” In this 2024 series, familiar heroes are turned into children. This reminded me of Buddhist stories about being reborn and starting over, and it prompted new questions: If someone loses all the strength they had built up over time, are they still the same person? What, if anything, remains constant about the self, and what changes?

    What does the course explore?

    This course helps students explore questions of meaning, ethics and belief that anime brings to life. It examines themes such as what happens when the past resurfaces? What does it mean to carry the weight of responsibility? How should we act when our personal desires come into conflict with what we know is right? And how can suffering become a path to transformation?

    What materials does the course feature?

    We start with “Spirited Away,” a 2001 animated film about a young girl who becomes trapped in a spirit world after her parents are transformed into pigs. The story draws on Shintō ideas such as purification, sacred space and kami. Students learn how these religious concepts are expressed through the film’s visual design, soundscape and narrative structure.

    Later in the semester, we watch “Your Name,” a 2016 film in which two teenagers mysteriously begin switching bodies across time and space. It’s a story about connection, memory and longing. The idea of “musubi,” a spiritual thread that binds people and places together, becomes central to understanding the film’s emotional impact.

    Attack on Titan,” which first aired in 2013, immerses students in a world marked by moral conflict, sacrifice and uncertainty. The series follows a group of young soldiers fighting to survive in a society under siege by giant humanoid creatures known as Titans. Students are often surprised to learn that this popular series engages with profound questions drawn from Buddhism and existential thought, such as the meaning of freedom, the tension between destiny and individual choice, and the deeper causes of human violence.

    The characters in these stories face real struggles. Some are spirit mediums or time travelers. But all of them must make hard decisions about who they are and what they believe.

    As the semester goes on, students develop visual or written projects such as short essays, podcasts, zines or illustrated stories. These projects help them explore the same questions as the anime, but in their own voices.

    Why is this course relevant now?

    Anime has become a global phenomenon. But even though millions of people watch it, many do not realize how deeply it draws on Japanese religious traditions. In this course, students learn to look closely at what anime is saying about life, morality and the choices we make.

    Through these characters’ journeys, students learn that religion is not just something found in ancient texts or sacred buildings. It can also live in the stories we tell, the art we create and the questions we ask about ourselves and the world.

    Ronald S. Green does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Exploring questions of meaning, ethics and belief through Japanese anime – https://theconversation.com/exploring-questions-of-meaning-ethics-and-belief-through-japanese-anime-260035

    MIL OSI Analysis

  • MIL-OSI Analysis: Trump administration’s lie detector campaign against leakers is unlikely to succeed and could divert energy from national security priorities

    Source: The Conversation – USA – By Brian O’Neill, Professor of Practice, International Affairs, Georgia Institute of Technology

    The Department of Homeland Security and FBI are reportedly using polygraphs aggressively to identify dissenters. standret/Getty Images

    The Trump administration has recently directed that a new wave of polygraphs be administered across the executive branch, aimed at uncovering leaks to the press.

    As someone who has taken roughly a dozen polygraphs during my 27-year career with the CIA, I read this development with some skepticism.

    Polygraphs carry an ominous, almost mythological reputation among Americans. The more familiar and unofficial term – lie detector tests – likely fuels that perception. Television crime dramas have done their part, too, often portraying the device as an oracle for uncovering the truth when conventional methods fail.

    In those portrayals, the polygraph is not merely a tool – it’s a window into the soul.

    Among those entering government service, especially in national security, the greater anxiety is not the background check but passing the polygraph. My advice is always the same: Don’t lie.

    It’s the best – and perhaps only – guidance for a process that most assessments have concluded is a more subjective interpretation than empirical science.

    Why the polygraph persists

    Polygraphs are “pseudo-scientific” in that they measure physiological responses such as heart rate, blood pressure and perspiration. The assumption is that liars betray themselves through spikes in those signals. But this presumes a kind of psychological transparency that simply doesn’t hold up. A person might sweat and tremble simply from fear, anger or frustration – not deceit.

    There also are no specific physiological reactions associated with lying. The National Academy of Sciences in 2003, and the American Psychological Association in a 2004 review, concluded that the polygraph rests more on theater than fact. Recent assessments, published in 2019, have reached the same conclusion.

    Accordingly, polygraph results are not generally admissible in U.S. courts. Only a handful of states – such as Georgia, Arizona and California – permit their use even under limited conditions. And they typically require that both parties agree to admission and a judge to approve it. Unconditional admissibility remains the exception, not the rule.

    And yet, inside many national security agencies, polygraphs remain central to the clearance process – a fact I observed firsthand during my time overseeing personnel vetting and analytic hiring within the intelligence community.

    While not treated as conclusive, polygraph results often serve as a filter. A candidate’s visible discomfort – or the examiner’s subjective judgment that a response seems evasive – can stall or end the hiring process. For instance, I know that government agencies have halted clearances after an examiner flagged elevated reactions to questions about past drug use or foreign contacts, even when no disqualifying behavior was ultimately documented.

    The FBI’s J. Edgar Hoover headquarters building in Washington in 2016.
    AP Photo/Cliff Owen

    In some cases, an examiner’s suggestion that a chart shows an anomaly has led otherwise strong applicants to volunteer details they hadn’t planned to share – such as minor security infractions, undeclared relationships, or casual drug use from decades earlier – that, while not disqualifying on their own, reshape how their trustworthiness is perceived.

    The polygraph’s power lies in creating the conditions under which deception is confessed.

    A predictable pattern

    No administration has been immune to the impulse to investigate leaks. The reflex is bipartisan and familiar: An embarrassing disclosure appears in the press – contradicting official statements or exposing internal dissent – and the White House vows to identify and punish the source. Polygraphs are often part of this ritual.

    During his first term, Trump intensified efforts to expose internal dissent and media leaks. Department guidelines were revised to make it easier for agencies to obtain journalists’ phone and email records, and polygraphs were reportedly used to pressure officials suspected of talking to the press. That trend has continued – and, in some areas, escalated.

    Recent policies at the Pentagon now restrict unescorted press access, revoke office space for major outlets and favor ideologically aligned networks. The line between legitimate leak prevention and the surveillance or sidelining of critical press coverage has grown increasingly blurred.

    At agencies such as the Department of Homeland Security and the FBI, polygraphs are reportedly being used more frequently – and more punitively – to identify internal dissenters. Even “cold cases,” such as the leak of the Supreme Court’s Dobbs opinion ahead of its overturning of Roe v. Wade, have been reopened, despite prior investigations yielding no definitive source.

    Government reaction varies

    Not all leaks are treated the same. Disclosures that align with official narratives or offer strategic advantage may be quietly tolerated, even if unauthorized. Others, especially those that embarrass senior officials or reveal dysfunction, are more likely to prompt formal investigation.

    In 2003, for example, the leak of CIA officer Valerie Plame’s identity – widely seen as retaliation for her husband’s criticism of the Iraq War – triggered a federal investigation. The disclosure embarrassed senior officials, led to White House aide Scooter Libby’s conviction for perjury, later commuted, and drew intense political scrutiny.

    Lewis Libby, Vice President Dick Cheney’s chief of staff, rides in the backseat of a limousine on Oct. 27, 2005, in McLean, Va.
    Win McNamee/Getty Images

    Leaks involving classified material draw the sharpest response when they challenge presidential authority or expose internal disputes. That was the case in 2010 with Chelsea Manning, whose disclosure of diplomatic cables and battlefield reports embarrassed senior officials and sparked global backlash. Government reaction often depends less on what was disclosed than on who disclosed it – and to what effect.

    A narrow set of disclosures, such as those involving espionage or operational compromise, elicit broad consensus as grounds for prosecution. But most leaks fall outside that category. Most investigations fade quietly. The public rarely learns what became of them. Occasionally, there is a vague resignation, but direct accountability is rare.

    What the future holds

    Trump’s polygraph campaign is not likely to eliminate leaks to the press. But they may have a chilling effect that discourages internal candor while diverting investigative energy away from core security priorities.

    Even if such campaigns succeed in reducing unauthorized disclosures, they may come at the cost of institutional resilience. Historically, aggressive internal enforcement has been associated with declining morale and reduced information flow – factors that can hinder adaptation to complex threats.

    Some researchers have suggested that artificial intelligence may eventually offer reliable tools for detecting deception. One recent assessment raised the possibility, while cautioning that the technology is nowhere near operational readiness.

    For now, institutions will have to contend with the tools they have – imperfect, imprecise and more performative than predictive.

    As a former US intelligence officer, I am required to submit any written draft, before sharing it with other persons, for prepublication review. I submitted this draft to CIA’s Prepublication Review Board, which responded on 11 June: “No classified information was identified. Therefore, no changes are required for publication or sharing with others.”

    ref. Trump administration’s lie detector campaign against leakers is unlikely to succeed and could divert energy from national security priorities – https://theconversation.com/trump-administrations-lie-detector-campaign-against-leakers-is-unlikely-to-succeed-and-could-divert-energy-from-national-security-priorities-259128

    MIL OSI Analysis

  • MIL-OSI: Bitget Lists Tanssi (TANSSI) for Spot Trading with 8,878,000 in Token Rewards

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, July 09, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Tanssi (TANSSI) on its spot trading platform. Tanssi is a decentralized infrastructure protocol. Besides being available for spot trading, Bitget will also launch an exclusive PoolX  campaign and a CandyBomb campaign.

    Trading for the TANSSI/USDT pair will begin on July 9, 2025, at 11:00 (UTC), with withdrawals available starting July 10, 2025, at 12:00 (UTC). Eligible users can participate in a PoolX campaign to earn a share of 888,000 TANSSI by locking a minimum of 100 TANSSI, up to a maximum of 10,000,000 TANSSI. The campaign will run from July 9, 2025, 11:00 to July 19, 2025, 11:00 (UTC).

    In addition, Bitget will launch a CandyBomb event offering a total of 7,990,000 TANSSI in rewards. The trading pool is divided into two segments: new users can trade TANSSI and SOL for a chance to win from a 5,330,000 TANSSI pool, while the general TANSSI trading pool offers 2,660,000 TANSSI for all eligible participants. The CandyBomb campaign will run from 9 July 2025, 11:00 till 16 July 2025, 11:00 (UTC).

    Tanssi is transforming the way developers deploy appchains by offering a streamlined, infrastructure-free approach backed by Ethereum-level security. Designed for use cases such as real-world assets (RWAs), stablecoins, and coordination protocols, Tanssi automates the full stack, handling validator orchestration, decentralized sequencing, RPCs, indexers, and explorers right out of the box. Developers can launch quickly with a prebuilt EVM chain or tailor a substrate-based runtime, gaining deterministic performance, rapid finality, and complete control over governance, fees, and upgrade logic.

    This flexible architecture enables teams to deploy sovereign chains without shared bottlenecks or external dependencies, accelerating time to market while maintaining full autonomy. With Tanssi, launching an appchain becomes as seamless as deploying a smart contract, offering both speed and scalability for today’s most ambitious Web3 applications.

    Bitget continues to expand its offerings, positioning itself as a leading platform for cryptocurrency trading. The exchange has established a reputation for innovative solutions that empower users to explore crypto within a secure CeDeFi ecosystem. With an extensive selection of over 800 cryptocurrency pairs and a commitment to broadening its offerings to more than 900 trading pairs, Bitget connects users to various ecosystems, including Bitcoin, Ethereum, Solana, Base, and TON. The addition of Tanssi into Bitget’s portfolio marks a significant step toward expanding its ecosystem by embracing niche communities and fostering innovation in decentralized economies, further solidifying its role as a gateway to diverse Web3 projects and cultural movements.

    For more details on Tanssi, visit here.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 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 priceEthereum 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 markets, 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: WebsiteTwitterTelegramLinkedInDiscordBitget Wallet

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

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f663baeb-175a-447f-aaf6-79b6eb4f8641

    The MIL Network

  • MIL-OSI: Gigstreem Promotes McCutchin and Bulanhagui to C-suite

    Source: GlobeNewswire (MIL-OSI)

    TYSONS CORNER, Va., July 09, 2025 (GLOBE NEWSWIRE) — Gigstreem, a leading provider of advanced connectivity solutions for multifamily communities and commercial properties, today announced the promotions of Brent McCutchin to chief operating officer and Florencio Bulanhagui to chief technology officer. These appointments bring deep operational and technical expertise to the executive team at a pivotal time in the company’s expansion.

    “Brent and Florencio have already proven instrumental in shaping Gigstreem’s growth strategy and vision for the future,” said Patrick Albus, Gigstreem CEO. “Their promotions reflect our commitment to building a world-class organization and investing in innovation and operational excellence.”

    McCutchin was previously an operations advisor for Gigstreem. An accomplished telecommunications and technology executive with extensive executive leadership experience, he will lead the company’s operations and guide strategic execution as Gigstreem’s COO.

    “Gigstreem is in a unique and disruptive position to be the clear leader, delivering world-class services,” said McCutchin. “I look forward to elevating operational excellence for our customers and employees.”

    McCutchin has served in numerous executive roles within the telecommunications industry, most recently as executive vice president, corporate strategy with Asignet Technologies, leading the acquisition and integration of NTT’s Customer Lifecycle Management subsidiary, and prior leadership roles with Windstream Enterprise and One Source Networks.

    Bulanhagui has more than 20 years of experience as a technology leader in the internet service provider space. As vice president of engineering, he spearheaded recent efforts to enhance Gigstreem’s network reliability and scalability. An early adopter of FTTH technologies, Bulanhagui has led deployments of triple play gigabit plus services.

    “I’ve had the privilege of working alongside this team and contributing to the mission,” said Bulanhagui. “I have a strong understanding of the organization’s priorities, and I’m focused on continuing my work on Gigstreem’s digital infrastructure and technology initiatives.” 

    Before joining Gigstreem, Bulanhagui spent 12 years at Summit Broadband as senior vice president of architecture and product, and senior vice president, engineering. A former US Navy submariner, Bulanhagui worked on the highly technical and demanding Trident II D-5 Nuclear Missile platform for a decade.

    About Gigstreem 

    Gigstreem is a leading provider of advanced connectivity solutions for multifamily communities and commercial properties, delivering high-performance internet and exceptional customer service. Gigstreem offers reliable, scalable, and future-ready solutions designed to meet the evolving demands of modern connectivity. Learn more at gigstreem.com

    The MIL Network

  • MIL-OSI Asia-Pac: Red flags hoisted at Hung Shing Yeh Beach and Pui O Beach

    Source: Hong Kong Government special administrative region – 4

    Attention TV/radio announcers:

    Please broadcast the following as soon as possible:

    Here is an item of interest to swimmers.

    The Leisure and Cultural Services Department announced today (July 9) that due to big waves, red flags have been hoisted at Hung Shing Yeh Beach and Pui O Beach in Islands District. Beachgoers are advised not to swim at these beaches.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Speech by FS at Korea-Hong Kong Business Luncheon (English only) (with photos)

    Source: Hong Kong Government special administrative region – 4

         Following is the speech by the Financial Secretary, Mr Paul Chan, at the Korea–Hong Kong Business Luncheon held in Seoul, Korea, today (July 9): 
     
    Mr Joo Yong-tae (Deputy Mayor for Economy, Seoul), Mr Kevin Lee (Director of the International Trade Division of the Korea Chamber of Commerce and Industry), distinguished guests, ladies and gentlemen,

         Annyeonghaseyo. Good afternoon. It is both a pleasure and honour to be here with you today in Seoul.
     
         Let me begin by extending my warmest greetings and heartfelt appreciation to the Korea Chamber of Commerce and Industry and our ETO (Economic and Trade Office) colleagues for organising this luncheon.
     
    Hong Kong: good for business
     
         Allow me to start by offering a brief snapshot of where Hong Kong stands today.
     
         Hong Kong has been back on a path of growth following the global challenges of the pandemic.  In 2024, we recorded a GDP growth of 2.5 per cent. This year, despite continued global uncertainties from tariff war to geopolitical tensions, our economy recorded a 3.1 per cent growth in the first quarter. Our merchandise exports continued to register strong double-digit growth.
     
         Foreign businesses continue to cast a vote of confidence in our city. In 2024, the number of overseas and Mainland companies operating in Hong Kong reached an all-time high at nearly 10 000.  American and European companies rose by around 10 per cent, while Korean companies rose by 9 per cent year on year.  
     
         Hong Kong continues to shine in international rankings. We are among the world’s top three global financial centres. The latest IMD (International Institute for Management Development) World Competitiveness Ranking places us as the third most competitive economy worldwide. Last October, the Fraser Institute reaffirmed our position as the world’s freest economy. These accolades are no coincidence. They are the result of persistent hard work to drive our competitiveness forward, backed by transparent, consistent and predictable policies, market openness and global connectivity.
     
         A critical foundation of our success is a stable and secure environment. This year marks the fifth anniversary of the implementation of the Hong Kong National Security Law. It restores law and order in Hong Kong and provides confidence to the international business community. Indeed, a survey by the American Chamber of Commerce (in Hong Kong) in January this year showed that (more than) 80 per cent of its members expressed confidence in Hong Kong’s rule of law.  And 70 per cent reported that the National Security Law had no impact on their business operations.
     
         Under the “one country, two systems” framework, Hong Kong continues to be an open, diverse and international city. We are a free port, uphold a freely convertible currency pegged to the US dollar, ensure the free flow of capital, goods, information and talent, and practise the common law system.
     
         President Xi Jinping and the Central Government of China have made clear that the “one country, two systems” framework is here to stay for the long term. 
     
         Investor confidence is reflected in hard data. Our stock market, for example, rose by 18 per cent last year, and has gained another 20 per cent this year. Initial public offerings (IPOs) on the Hong Kong Stock Exchange have raised about US$16 billion so far this year, making Hong Kong the top IPO venue globally to date. The total bank deposits grew by 7 per cent last year and another 7 per cent this year, now exceeding US$2.3 trillion, six times our GDP.
     
    The Greater Bay Area
     
         Meanwhile, Hong Kong is the international gateway to the Guangdong-Hong Kong-Macao Greater Bay Area, or GBA, which is an economic powerhouse with 87 million people and a combined GDP of US$2 trillion. With a per capita GDP of US$23,000, or US$40,000 on a purchasing power parity basis, the GBA is not just a manufacturing base, but also a sophisticated, high-growth consumer market.
     
         The region is deeply interconnected. High-speed rail puts us just 15 minutes from Shenzhen and 45 minutes from Guangzhou. With seven international airports and a combined annual passenger throughput of over 200 million, the GBA sits within a five-hour flight radius of half the world’s population. Hong Kong International Airport, the world’s busiest cargo airport, now operates with a third runway and is gearing up to handle 120 million passengers and 10 million tonnes of cargo annually by 2035.
     
         The GBA is also a cradle of innovation. According to the World Intellectual Property Organization, the Shenzhen-Hong Kong-Guangzhou science and technology cluster ranks second globally in innovation, and has done so for five consecutive years. Hong Kong excels in basic research, anchored by five universities ranked among the world’s top 100. Three of them are in the global top 20 for data science and AI; our two medical schools are ranked among the top 40. Meanwhile, Shenzhen and Guangzhou lead in commercialisation and advanced manufacturing. Together, the GBA is like fusing the financial power of New York with the innovation energy of Silicon Valley.
     
    Opportunities for Korean businesses
     
         So, what does this mean for Korean businesses?
     
         First, Hong Kong’s financial markets offer unparalleled connectivity and liquidity. We serve as a two-way platform, connecting international capital with Mainland markets and vice versa. Through our Connect Schemes, including Stock Connect, Bond Connect, and ETF (Exchange-traded Fund) Connect, and more, Mainland investors can access Hong Kong’s markets, while global investors can access the Mainland through Hong Kong.
     
         The recent surge in our stock market reflects two important trends. First, the rebalancing act of international investors to diversify risks out of global economic uncertainty, particularly in the US; and second, optimism about China’s technology prowess demonstrated by DeepSeek and others. Korean investors have already taken note. And they are apt in taking actions. In February this year, we saw the highest level of Korean investment into our stock market in over three years.
     
         Beyond the stock market, asset and wealth management is another area where we are seeing rapid growth. Hong Kong now manages over US$4 trillion in assets. With a growing ecosystem of related financial services, we are on track to become the world’s largest cross-border wealth management hub by 2028. For Korean firms in private banking and asset management, the opportunities are significant. Indeed, many American and European asset and wealth managers have been expanding their hiring and office accommodation in the city.
     
         Hong Kong also serves as a powerful springboard for Korean goods, not just into the GBA or the Chinese Mainland, but across the entire ASEAN (Association of Southeast Asian Nations) region. As a duty-free port with seamless customs clearance and unmatched connectivity, Hong Kong offers Korean exporters a fast, cost-effective and reliable route to high-growth markets. From electronics and cosmetics to food products and fashion, Hong Kong is your launchpad.
     
         In innovation and technology, Hong Kong is making strategic and forward-looking moves. We are placing particular emphasis on the development of key sectors such as artificial intelligence and biotech. In addition to our world-class research capabilities, Hong Kong is where Mainland and international data converge. This is a distinct competitive advantage for data-intensive industries.  
     
         Our close collaboration with other cities in the GBA is further accelerating this momentum.  Along our boundary with neighbouring Shenzhen, we are developing a joint innovation and technology park, where we are piloting innovative policies to facilitate the seamless flow of data, talent, capital and even biosamples. We have also established joint clinical trial centres to expedite drug development and streamline cross-boundary regulatory approvals. For Korean tech and pharmaceutical firms seeking expansion and collaboration opportunities, Hong Kong is your ideal location. 
     
    The pleasures of life
     
         Beyond business, Hong Kong is a city alive with culture, diversity, and global connectivity. We are a true melting pot of East and West.  Korean culture, from K-pop to kimchi, has found a warm and enthusiastic following in Hong Kong.  And we are glad that more and more Korean visitors are coming to our city to see for themselves our vibrancy. In the first half of this year, Hong Kong welcomes more than half a million of Korean visitors, a 25 per cent increase year on year.
     
         The pleasures of life are part of our fabric. With more than 200 Michelin-recognised restaurants, hiking trails minutes from the city, and a coastline that rivals the best in the region, Hong Kong offers not only opportunity, but quality of life. Above all, Hong Kong remains one of the safest cities in the world, a place you can walk freely, day or night.
     
         And we are just getting started. The newly opened Kai Tak Sports Park offers a world-class, multipurpose venue for sport and entertainment events. In January next year, we’re excited to welcome BLACKPINK to our stage. And who knows, NewJeans and aespa may not be far behind!
     
         Ladies and gentlemen, I hope I’ve been able to offer you a fresh perspective on Hong Kong, not just as a financial centre or trade hub, but as a dynamic, welcoming city filled with opportunity, energy and creativity. A city where Korean businesses, investors and talents can thrive.
     
         If I may, let me now share a short video that captures the vibrancy, openness and possibilities of Hong Kong today.
     
         That is Hong Kong – dynamic and welcoming. A city that means business, and a city that celebrates life. We look forward to welcoming you soon, to Hong Kong.
     
         Kamsahamnida. Thank you very much.

    MIL OSI Asia Pacific News

  • MIL-OSI Africa: Trade Minister welcomes developments in Vodacom-Maziv merger

    Source: Government of South Africa

    Trade, Industry and Competition Minister Parks Tau has welcomed the agreement reached between the merging parties and the Competition Commission in the Vodacom-Maziv merger deal.

    “The substantial public interest commitments made by the merging parties will significantly improve access to affordable internet for underserved communities, thus enabling easier participation in economic activity, particularly for young people,” the Department of Trade, Industry and Competition (dtic) said on Wednesday.

    In October last year, the Minister noted the order issued by the Competition Tribunal prohibiting the proposed merger between Vodacom (Pty) Ltd and Maziv (Business Venture Investments No. 2213 (Pty) Ltd).

    The order followed the Competition Commission’s initial recommendation to prohibit the merger, citing significant concerns that it could substantially reduce competition in critical markets, particularly within the 5G Fixed Wireless Access (FWA) and fibre infrastructure sectors.

    READ | Minister notes Competition Tribunal’s decision on Vodacom, Maziv merger

    In a statement on Tuesday, the Competition Commission said it had reached an agreement with the parties on revised conditions that substantially remedy the competition concerns raised by the Commission in its recommendation to the Tribunal that the Vodacom/Maziv merger be prohibited.

    This agreement follows constructive engagements between the Commission and the merger parties to remedy the deficiencies in the previous conditions identified by the Tribunal in its prohibition of the merger.

    There were three primary competition concerns that were not adequately addressed by the proposed conditions at the time of concluding the Tribunal hearings.

    The first of these was the horizontal reduction in competition between Fixed Wireless Access (FWA) and Fibre to the Home (FTTH).

    According to the Commission, the revised conditions address these shortcomings by improving the capex commitment by Maziv and extending it to a five-year period post-merger to ensure that Maziv remains incentivised to service third party network operators.

    The second issue was the horizontal overlap in FTTH infrastructure and potential price increases post-merger.

    “The previous conditions were inadequate insofar as they included a ‘weak’ divestiture condition that did not adequately incentivise the merging parties to divest the overlapping infrastructure. The revised conditions put in place a standard divestiture arrangement whereby the failure to sell the assets within a particular period result in a trustee divestiture process to ensure the assets are divested and pre-merger competition is restored,” said the Commission.

    It further added that the condition follows the standard formulation used in other merger transactions and requires that a transparent and competitive process be followed to identify a proposed purchaser.
    The third issue was over vertical foreclosure concerns with the commission stating that although there were fairly comprehensive conditions in place to address foreclosure, there were notable challenges with monitoring and enforcing the conditions with the resulting concern that action would not be sufficiently timely to prevent foreclosure from occurring and harming competition.

    “The revised conditions introduce some structural changes to Maziv’s governance structure that limit the merged entity’s incentives to foreclose competitors. The conditions now also incorporate an enhanced fast-track interim relief process that will address potential foreclosure concerns while the lengthier formal process to investigate any alleged foreclosure is underway. This ensures that any attempt to get a first-mover advantage that will have an enduring effect in the market can be prevented through fast-track interim relief,” it said.

    Public interest

    The Commission added that there are significant improvements to the public interest commitments which increase the substantiality of these commitments.

    These include additional capex spend to roll-out new (Fibre-to-theBusiness (FTTB), FTTH and Fibre-to-the-Site (FTTS) infrastructure, free access to 1Gigabit per second fibre lines for public libraries and clinics passed by FTTH infrastructure, an increase in the number of police stations that Vodacom will provide with FWA products, an additional commitment to enterprise development and an increase in the employee share ownership plan previously agreed.

    “Access to reliable, high-speed internet is the cornerstone of a dynamic economy and a democratic society. The Commission is confident that the revised conditions agreed with the merger parties will ensure that South Africa will benefit from the continued competitive prices and product choices in this critical sector,” Commissioner Doris Tshepe said.

    This as Minister Tau further welcomed the investment committed by parties.

    “This commitment will ensure that South Africa participates meaningfully in the global economy through new sectors like Generative Artificial Intelligence, the Internet of Things and other ICT related sectors which will propel the world into the future.

    “The matter will proceed, unopposed, at the Competition Appeal Court where the agreement will be placed before the Court for its final consideration. The Minister thanks all parties involved for their constructive engagement throughout this process,” said the dtic.

    The Commission as one of the the three independent statutory bodies established in terms of the Competition Act to regulate competition between firms in the market, it is the investigating and prosecuting agency in the competition regime while the Tribunal is the court. – SAnews.gov.za

    MIL OSI Africa

  • Extremely proud of our diaspora: PM Modi in Namibia

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Wednesday expressed deep pride in the Indian diaspora in Namibia, commending their role in preserving Indian culture and fostering stronger ties between India and the southern African nation.

    In a post on X, the Prime Minister said, “The Indian community in Namibia is extremely optimistic about closer India-Namibia friendship and this reflected in the special welcome in Windhoek. I am extremely proud of our diaspora, particularly the manner in which they have retained a connect with their culture and traditions.”

    PM Modi arrived in Namibia earlier today on the final leg of his five-nation tour. He received a traditional welcome at Hosea Kutako International Airport, where he was greeted by Namibia’s Minister of International Relations and Cooperation, Selma Ashipala-Musavyi.

    Local musicians and dancers performed at the airport to mark the occasion. In a gesture that drew warm applause, Prime Minister Modi joined the performers and played the Namibian drums, highlighting his appreciation for local customs and traditions.

    This marks Prime Minister Modi’s first visit to Namibia and only the third visit by an Indian Prime Minister to the country in the last 27 years.

    Soon after his arrival, the Prime Minister posted on X, “Landed in Windhoek a short while ago. Namibia is a valued and trusted African partner with whom we seek to boost bilateral cooperation.”

    During the visit, PM Modi will hold bilateral talks with Namibian President Netumbo Nandi-Ndaitwah. Both leaders are expected to discuss expanding cooperation in key areas such as energy, healthcare, education, digital technology, and development partnership.

    The visit will also include an address to a Joint Session of the Namibian Parliament, marking an important milestone in India-Namibia relations.

    According to the Ministry of External Affairs, India and Namibia share historic ties dating back to India’s early support for Namibia’s independence movement. In 1946, India raised the issue of Namibian independence at the United Nations.

    Ahead of his visit, PM Modi described Namibia as “a trusted partner” with whom India shares a “common history of struggle against colonialism.”

    “I look forward to meeting President H.E. Dr. Netumbo Nandi-Ndaitwah and charting a new roadmap for cooperation for the benefit of our peoples, our regions and the wider Global South,” the Prime Minister said, adding that addressing the Namibian Parliament would be a privilege as both nations celebrate “our enduring solidarity and shared commitment for freedom and development.”

    The Prime Minister had earlier expressed confidence that his visits to the five countries would further strengthen India’s ties across the Global South, deepen cooperation on both sides of the Atlantic, and expand engagement within multilateral platforms such as BRICS, the African Union, ECOWAS and CARICOM.

    -IANS

  • MIL-OSI China: SCIO briefing on China’s economic performance in May 2025

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

    中文

    Speaker:

    Mr. Fu Linghui, spokesperson of the National Bureau of Statistics (NBS) and director general of the Department of Comprehensive Statistics of the NBS

    Chairperson:

    Zhou Jianshe, deputy director general of the Press Bureau of the State Council Information Office (SCIO) and spokesperson of the SCIO

    Date:

    June 16, 2025


    Zhou Jianshe:

    Ladies and gentlemen, good morning. Welcome to this press conference held by the State Council Information Office (SCIO). This is a regular briefing on China’s economic data. Today, we are joined by Mr. Fu Linghui, spokesperson of the National Bureau of Statistics (NBS) and director general of the Department of Comprehensive Statistics of the NBS. Mr. Fu will brief you on China’s economic performance in May 2025 and then take your questions.

    Now, I’ll give the floor to Mr. Fu.

    Fu Linghui:

    Ladies and gentlemen, good morning. I am very pleased to attend today’s press conference. I will start by briefing you on the main economic indicators for this May and then take your questions.

    In May, China’s economy remained stable while making further progress.

    In May, under the strong leadership of the Party Central Committee with Comrade Xi Jinping at its core, all regions and departments conscientiously implemented the decisions and deployments of the Party Central Committee and the State Council. Adhering to the general principle of seeking progress while maintaining stability, we fully and accurately implemented the new development philosophy on all fronts, accelerated the construction of the new development pattern, solidly promoted high-quality growth, and accelerated the implementation of more proactive and effective macro policies. The national economy withstood the pressure and operated steadily, with production demand growing steadily, employment remaining stable, new drivers of growth becoming stronger, and high-quality development moving toward excellence and innovation.

    First, industrial production registered stable growth and equipment manufacturing and high-tech manufacturing grew quickly.

    In May, the total value added of industrial enterprises above designated size grew by 5.8% year on year, or 0.61% month on month. In terms of sectors, the value added of mining went up by 5.7% year on year, manufacturing up by 6.2%, and the production and supply of electricity, thermal power, gas and water up by 2.2%. The value added of equipment manufacturing increased by 9.0% year on year, and that of high-tech manufacturing increased by 8.6%, which were 3.2 percentage points and 2.8 percentage points faster than that of the total value added by industrial enterprises above designated size. In terms of ownership, the value added of state holding enterprises increased by 3.8% year on year; that of share-holding enterprises increased by 6.3%; that of enterprises funded by foreign investors or investors from Hong Kong, Macao and Taiwan increased by 3.9%; and that of private enterprises increased by 5.9%. In terms of products, the outputs of 3D printing devices, industrial robots and new energy vehicles (NEVs) grew by 40.0%, 35.5% and 31.7% year on year, respectively. In the first five months, the total value added of industrial enterprises above designated size went up by 6.3% year on year. In May, the manufacturing purchasing managers’ index (PMI) stood at 49.5%, an increase of 0.5 percentage point from the previous month. The production and operation expectation index was 52.5%, up by 0.4 percentage point. In the first four months, the total profits made by industrial enterprises above designated size were 2.117 trillion yuan, up by 1.4% year on year.

    Second, the service sector grew quickly, with the modern services sector gaining momentum.

    In May, the index of services production (ISP) increased by 6.2% year on year, 0.2 percentage point faster than that of the previous month. In terms of sectors, that of information transmission, software and information technology services, and leasing and business services, wholesales and retails grew by 11.2%, 8.9% and 8.4% year on year, respectively, which were 5.0 percentage points, 2.7 percentage points and 2.2 percentage points faster than that of the ISP. In the first five months, the ISP increased by 5.9% year on year. In the first four months, the business revenue of service enterprises above designated size went up by 7.2% year on year. In May, the business activity index for the service sector was 50.2%, up 0.1 percentage point from the previous month; and the business activity expectation index was 56.5%, rising by 0.1 percentage point. Specifically, the business activity index for sectors like railway transportation, air transportation, postal service, telecommunication, broadcast, television and satellite transmission services, internet software and information technology services, stayed within the high expansion range of 55.0% and above.

    Third, market sales recovered and sales of products under the trade-in program grew rapidly.

    In May, the total retail sales of consumer goods was 4.1326 trillion yuan, up by 6.4% year on year, 1.3 percentage points faster than that of April; or up by 0.93% month on month. Analyzed by different areas, the retail sales of consumer goods in urban areas reached 3.6057 trillion yuan, up by 6.5% year on year; and that in rural areas reached 526.9 billion yuan, up by 5.4%. Grouped by consumption patterns, the retail sales of goods were 3.6748 trillion yuan, up by 6.5%; and the income of catering was 457.8 billion yuan, up by 5.9%. Sales of basic living goods and some upgraded products showed good growth. Retail sales in units above designated size of grain, oil and food products, jewelry, and sports and entertainment goods grew by 14.6%, 21.8% and 28.3%, respectively. The effect of trade-in of consumer goods continued to show results, with the retail sales of household appliances and audiovisual equipment, communication equipment, cultural and office supplies, and furniture by enterprises above designated size growing by 53.0%, 33.0%, 30.5% and 25.6%, respectively. In the first five months, the total retail sales of consumer goods reached 20.3171 trillion yuan, up by 5.0% year on year. Online retail sales reached 6.0402 trillion yuan, up 8.5% year on year. Specifically, the online retail sales of physical goods were 4.9878 trillion yuan, up 6.3%, accounting for 24.5% of the total. In the first five months, the retail sales of services grew by 5.2% year on year.

    Fourth, fixed-asset investment continued to expand, with manufacturing investment growing fast.

    In the first five months, fixed-asset investment (excluding rural households) reached 19,194.7 billion yuan, up 3.7% year on year. Excluding real estate development investment, fixed-asset investment grew 7.7%. By sector, investment in infrastructure grew 5.6% year on year, manufacturing investment rose 8.5%, and real estate development investment fell 10.7%. Nationwide, sales of newly built commercial buildings totaled 353.15 million square meters, down 2.9% year on year. Sales of newly built commercial buildings were 3,409.1 billion yuan, a decrease of 3.8%. By sector, primary industry investment grew 8.4% year on year, secondary industry investment rose 11.4%, and tertiary industry investment fell 0.4%. Private investment was flat from a year earlier. Excluding investment in real estate development, private investment increased 5.8%. Within high-tech industries, investment in information services rose 41.4% year on year; investment in aerospace vehicle and equipment manufacturing grew 24.2%; investment in computer and office device manufacturing increased 21.7%; and investment in professional technical services climbed 11.9%. In May, fixed-asset investment (excluding rural households) increased 0.05% month on month.

    Fifth, goods imports and exports continued to grow, and the trade structure kept improving.

    In May, total goods imports and exports reached 3,809.8 billion yuan, up 2.7% year on year. Of this total, exports hit 2,226.7 billion yuan, up 6.3%, while imports were 1,533.1 billion yuan, down 2.1%. In the first five months, total goods imports and exports reached 17,944.9 billion yuan, up 2.5% year on year. Of this total, exports reached 10,668.2 billion yuan, up 7.2%, while imports were 7,276.7 billion yuan, down 3.8%. In the first five months, general trade imports and exports grew 0.8%, accounting for 64.2% of the total trade value. Imports and exports by private enterprises grew by 7% year on year, accounting for 57.1% of the total trade value, up 2.4 percentage points from the same period last year. Exports of mechanical and electrical products grew 9.3% year on year, accounting for 60% of the total export value.

    Sixth, employment remained generally stable and the surveyed urban unemployment rate declined.

    In the first five months, the average surveyed urban unemployment rate was 5.2%. In May, the surveyed urban unemployment rate was 5%, down 0.1 percentage point from the previous month. The surveyed unemployment rate for people with local household registration was 5%, and the rate for those with non-local household registration was also 5%. The rate for people with non-local agricultural household registration was 4.9%. The surveyed urban unemployment rate in 31 major cities was 5%, down 0.1 percentage point from April. The average weekly working hours for employees at enterprises nationwide was 48.5 hours.

    Seventh, consumer prices remained low, while the core consumer price index (CPI) rebounded modestly.

    In May, the CPI fell 0.1% year on year and 0.2% month on month. By category, prices for food, tobacco and alcohol rose 0.1% year on year; clothing prices increased 1.5%; housing prices were up 0.1%; prices for household goods and services rose 0.1%; transportation and communication prices fell 4.3%; education, culture and entertainment prices increased 0.9%; health care prices rose 0.3%; and prices for other goods and services jumped 7.3%. In terms of food, tobacco and alcohol prices, fresh vegetable prices fell 8.3%, grain prices dropped 1.4%, pork prices rose 3.1%, and fresh fruit prices increased 5.5%. The core CPI, which excludes food and energy prices, went up 0.6% year on year, 0.1 percentage point higher than that of the previous month. In the first five months, the CPI dipped 0.1% year on year.

    In May, the national producer price index (PPI) fell 3.3% year on year and 0.4% from the previous month. Purchasing prices for industrial producers dropped 3.6% year on year and 0.6% from the previous month. In the first five months, both the national PPI and the purchasing price index for industrial products fell 2.6% from a year earlier.

    Overall, in May, as the effects of a combined policy package continued to materialize, efforts to stabilize the economy and promote growth showed clear results. The national economy maintained a generally stable trajectory with steady progress, fully demonstrating its resilience and vitality. It should also be noted that there are many external uncertainties and destabilizing factors, domestic demand’s internal growth momentum still needs to be strengthened, and the foundation for sustained economic recovery and improvement needs to be further consolidated. Moving ahead, we must adhere to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, resolutely implement the decisions and deployments of the CPC Central Committee and the State Council, and adhere to the general principle of pursuing progress while ensuring stability. We must fully and accurately implement the new development philosophy, accelerate the construction of a new development paradigm, coordinate domestic economic work with international economic and trade efforts, and unswervingly handle our own affairs well. We will give greater priority to the expansion of domestic demand and the strengthening of the domestic economic cycle, concentrate on stabilizing employment and the economy, and promote high-quality development to advance sustained and healthy economic development. Thank you.

    Zhou Jianshe:

    Thank you, Mr. Fu. The floor is now open for questions. Please identify your media outlet before asking your question.

    MIL OSI China News

  • MIL-OSI: EngageLab Showcases Omnichannel Engagement and AI Innovation at The MarTech Summit Hong Kong

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, July 09, 2025 (GLOBE NEWSWIRE) — EngageLab, a global leader in customer engagement and marketing technology, proudly participated in The MarTech Summit Hong Kong, one of Asia’s premier events for marketing technology professionals. The summit brought together industry leaders, innovators, and decision-makers to explore the latest trends and breakthroughs shaping the future of MarTech.

    This year’s summit featured senior marketing executives from world-renowned brands such as JPMorgan, Yahoo, Nike, and DBS, as well as leading Hong Kong enterprises including Cathay Pacific, Hong Kong Disneyland, and The Hong Kong Jockey Club. EngageLab had the valuable opportunity to engage directly with these marketing leaders, exchanging insights on omnichannel solutions and how innovative technology can drive customer engagement and business growth in today’s digital landscape.

    During the summit, a senior executive from a leading international airline initiated an in-depth discussion with EngageLab regarding the challenges and opportunities of implementing a true omnichannel engagement strategy. The conversation focused on how to seamlessly integrate mobile app notifications, email, SMS, and WhatsApp to ensure timely, personalized communication with passengers throughout their journey—from booking and check-in to real-time updates and post-flight feedback. The airline was particularly interested in EngageLab’s proven ability to deliver high-concurrency messaging with industry-leading deliverability, as well as its robust compliance and data privacy standards for global operations.

    At the event, EngageLab showcased its cutting-edge solutions, including marketing automation and omnichannel (AppPush, WebPush, Email, SMS, WhatsApp and OTP). These solutions empower businesses to achieve seamless, personalized, and efficient customer engagement across every touchpoint—helping brands accelerate digital transformation and drive sustainable global growth.

    “We are honored to join The MarTech Summit Hong Kong and connect with industry peers who are passionate about innovation and customer-centric growth,” said Tanya Quan, Marketing Director at EngageLab. “Our mission is to empower businesses with robust, scalable, and intelligent engagement tools that unlock new opportunities in the digital era.”

    As a trusted partner to hundreds of leading enterprises across technology, e-commerce, finance, media, and more, EngageLab remains committed to delivering best-in-class solutions that drive business value and customer success worldwide.

    For more information about EngageLab’s solutions or to schedule a personalized consultation, please visit www.engagelab.com or contact sales@engagelab.com.

    About EngageLab
    EngageLab is a world-leading AI-powered omnichannel customer engagement solution provider, unites technology and versatility to offer seamless customer interactions and marketing automation across every channel, including Email, AppPush, WebPush, OTP, SMS and WhatsApp Business. It empowers businesses to build lasting relationships and achieve higher conversions and retention. With a strong focus on innovation and performance, EngageLab supports businesses in over 220 countries and regions, delivering more than 1 million messages every second across various channels.

    For Media Inquiries:
    Contact: marketing@engagelab.com
    Website: www.engagelab.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8149daf0-0ff1-429d-a9d5-864fa92bc469

    The MIL Network

  • MIL-OSI Africa: Algeria deepens trade ties with other African countries as it gears up for Africa’s biggest marketplace

    Source: APO

    Algeria is working towards increasing its share of trade with other African countries by tapping into opportunities created by the African Continental Free Trade Area (AfCFTA).

    In a keynote address during the Algeria Intra-African Trade Fair (IATF) 2025 Business Roadshow, Algeria’s Minister of Foreign Trade and Export Promotion, H.E. Prof. Kamal Rezig stated that this includes enhancing continental connectivity through infrastructure projects such as the Trans-Sahara Highway and the Zouerate Road project linking the Tindouf border with Mauritania and the Nigeria-Algeria gas pipeline and fibre optic cable.

    “In order to improve the business climate in Algeria, the State has endeavoured to ensure a stable, transparent, stimulating and attractive economic and institutional environment for investment. This is in addition to ensuring stability of legislation that regulates local and foreign investment, and simplifying administrative procedures, development and strengthening of the banking system, the capital market and the insurance sector, as well as development of human resources capabilities and skills, with the aim of adapting its economy to global transformations,” H.E. Rezig said, adding that besides developing key sectors, the country is also promoting exports in the continent within the framework of AfCFTA.

    In 2024, Algeria’s share of total intra-African trade stood at 2.2%, marginally growing from 1.9% in 2022, according to African Trade Report 2025 (http://apo-opa.co/44BzJhH). Mineral fuels and oils make up 91.5% of its exports. The country’s top-five African export partners in 2023 based on volumes are Tunisia (70.7%), South Africa (6.7%), Cote d’Ivoire (3.6%), Nigeria (3.1%) and Senegal (2.7%) states the Country at a Glance: Algeria 2024 report (http://apo-opa.co/4m4chRF) while its top-five import partners  are Mauritania (38.8%), Tunisia (32.7%), Cote d’Ivoire (9%), Morocco (6%) and Uganda (2.2%).

    The Algeria IATF2025 Business Roadshow focused on promoting intra-African trade, bringing together government officials, the trade community, including businesses, investors, and executives from African Export-Import Bank (Afreximbank). Hosted by Afreximbank, in collaboration with the Government of the People’s Democratic Republic of Algeria, the roadshow was one of the five roadshows hosted in key cities including Accra, Nairobi, Johannesburg, and Lagos in the run up to the fourth edition of IATF, Africa’s premier trade and investment event that is held biennially, scheduled to take place in Algiers, Algeria, from 4 – 10 September 2025 hosted by the Government of the People’s Democratic Republic of Algeria. IATF provides a platform for businesses to showcase goods and exchange trade and investment information within the continent’s single market.

    The Chairman of IATF2025 Advisory Council and former President of the Federal Republic of Nigeria, H.E. Chief Olusegun Obasanjo said that intra-African trade presents a huge opportunity for African economies to enhance their resilience in today’s rapidly changing world.

    “Through the IATF, the largest, go-to trade and investment fair on the continent, Africa needs to join hands and build on the gains that have been achieved so far in promoting trade with itself under the AfCFTA framework. AfCFTA provides an opportunity for the continent to achieve economic emancipation and self-reliance and build the Africa We Want. This will help unlock the continent’s vast potential while accelerating industrialisation and job creation,” H.E. Obasanjo added.

    The past three editions of IATF have attracted over 70,000 participants and 4,500 exhibitors, and hosted buyers and sellers from over 130 countries, generating more than $100 billion in trade and investment deals. This provides a glimpse of the immense potential that exists for intra-African trade and investment.

    Afreximbank’s Executive Vice-President, Intra-African Trade & Export Development, Mrs Kanayo Awani noted that whereas conventional wisdom attributes Africa’s low intra-continental trade to infrastructure deficits, a more fundamental barrier is the lack of access to trade and market information.

    “Afreximbank launched the IATF —not merely as an exhibition but as a marketplace for the AfCFTA and a platform to close the trade information gap. Since its inception in 2018, IATF has held three resoundingly successful fairs. In these fairs, Algeria showed up strongly and directly benefited from facilitated trade and investment deals worth over $2 billion. Now, Algeria has the opportunity to host the fourth edition. As Africa’s largest country by land and the fourth-largest economy by GDP, Algeria has both the duty and the opportunity to lead. Algeria’s competitive advantages—energy, agriculture, pharmaceuticals, financial services, light manufacturing, ICT, and automotive assembly—are all primed for scale and export across the continent,” Mrs Awani said. She challenged businesses and government agencies in Algeria and the North African region to take centre stage at IATF2025, where over 2,000 exhibitors from Africa and beyond will showcase their products to more than 35,000 visitors and buyers from over 140 countries, resulting in trade and investment deals in excess of US$44 billion.

    IATF2025 will feature a trade exhibition by countries and businesses; and the Creative Africa Nexus (CANEX) programme spotlighting cultural industries with a dedicated exhibition and summit on fashion, music, film, arts and craft, sports, literature, gastronomy and culinary arts. It will also include a four-day Trade and Investment Forum featuring leading African and international speakers; and the Africa Automotive Show for auto manufacturers, assemblers, original equipment manufacturers and component suppliers. Special Days will highlight countries, public and private sector entities, tourism, cultural attractions, and Global Africa Day celebrating ties with the African diaspora. Additional activities include business-to-business and business-to-government matchmaking, the AU Youth Start-Up programme, the Africa Research and Innovation Hub, and the African Sub-Sovereign Governments Network (AfSNET) to promote local trade and cultural exchanges. The IATF Virtual platform is also live, connecting exhibitors and visitors year-round.

    Planning for IATF2025 is in top gear with significant progress made in ensuring a seamless logistical experience and delivering a successful event.

    The theme of Algeria IATF2025 Business Roadshow was ‘Harnessing Regional and Continental Value Chains: Accelerating Africa’s Industrialisation and Global Competitiveness under the AfCFTA’. It was also attended by H.E Ms. Baleka Mbete, the founder of NaLHISA and former Deputy President of the Republic of South Africa; H.E Zitouny El-Tayeb, Minister of Internal Trade; H.E. Selma Mansouri, the Secretary of State to the Minister of Foreign Affairs, in charge of African Affairs; H.E. Moses Vilakati, AU Commissioner for Agriculture, Rural Development, Blue Economy and Sustainable Environment and Acting Commissioner for Economic Development, Trade, Tourism, Industry and Minerals; and Mr. Jean Louis-EKRA, former President of Afreximbank and Deputy Chair of the Intra-African Trade Fair Advisory Council.

    To participate in IATF2025 please visit www.IntrAfricanTradeFair.com

    Distributed by APO Group on behalf of Afreximbank.

    Media contact: 
    media@intrafricatradefair.com 
    press@afreximbank.com

    About the Intra-African Trade Fair:
    Organised by the African Export-Import Bank (Afreximbank), in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, the Intra-African Trade Fair (IATF) is intended to provide a unique platform for facilitating trade and investment information exchange in support of increased intra-African trade and investment, especially in the context of implementing the African Continental Free Trade Agreement (AfCFTA). IATF brings together continental and global players to showcase and exhibit their goods and services and to explore business and investment opportunities in the continent. It also provides a platform to share trade, investment and market information with stakeholders and allows participants to discuss and identify solutions to the challenges confronting intra-African trade and investment. In addition to African participants, the Trade Fair is also open to businesses and investors from non-African countries interested in doing business in Africa and in supporting the continent’s transformation through industrialisation and export development. 

    Media files

    .

    MIL OSI Africa

  • MIL-OSI China: China-Egypt practical cooperation yields fruitful outcomes

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

    Under the strategic guidance of leaders of the two countries, China-Egypt relations have, over the past years, made great strides, becoming a model of solidarity, cooperation and mutual benefit between China and Arab, African, and other developing countries.

    By aligning China’s Belt and Road Initiative (BRI) with Egypt’s Vision 2030, the two countries have drawn up a promising blueprint for practical cooperation and achieved remarkable outcomes across various sectors.

    STRATEGIC COOPERATION

    Chinese Ambassador to Egypt Liao Liqiang said that since the China-Egypt comprehensive strategic partnership was established in 2014, leaders of both countries have frequently met on bilateral and multilateral occasions, jointly steering Belt and Road cooperation and shaping a shared future in the new era.

    Frequent high-level exchanges have laid a solid foundation for deepening ties, anchored by both countries’ firm support for each other’s core interests, former Egyptian ambassador to China Magdy Amer told Xinhua, adding that under the BRI, bilateral trade has surged, and Chinese investment in Egypt has expanded rapidly.

    Waleed Gaballah, a member of the Egyptian Association for Political Economy, Statistics and Legislation, said that BRI projects, including the Central Business District in Egypt’s New Administrative Capital, and the China-Egypt TEDA Suez Economic and Trade Cooperation Zone within the Suez Canal Economic Zone (SCZone) located southeast of Cairo, have invigorated Egypt’s economy.

    On July 2, the foundation stone was laid for the Deli Glass production base in the TEDA zone. With a 70 million U.S. dollar investment, its first phase will include a high-grade glass furnace and advanced automated production lines.

    The site will produce high-quality household glassware and evolve into an industrial cluster integrating research and development, manufacturing, advanced processing, packaging, logistics, and export.

    SCZone chairman Waleid Gamal El-Dein said the project marks the latest outcome of deepening cooperation between the zone and global investors, especially Chinese ones, reflecting the growing bilateral relations, political trust and economic collaboration between Egypt and China.

    So far, 185 enterprises have settled in the TEDA zone, bringing total investment to around 3 billion U.S. dollars and generating over 5.3 billion U.S. dollars in sales, with key industries including building materials, petrochemicals, textiles and new energy, among others, according to Cao Hui, executive director of Egypt-TEDA SEZone Development Company.

    After touring Haier Egypt Ecological Park and the welding factory of Jetour Egypt in mid-June, former Egyptian Prime Minister Essam Sharaf described the projects as the fruits of a long-term partnership, strengthened by Belt and Road cooperation.

    “They reflect the initiative’s aim to promote shared development among participating countries,” he told Xinhua, emphasizing the importance of working with China to modernize Egypt’s industrial base.

    ACHIEVEMENTS ON MULTIPLE FRONTS

    In recent years, China and Egypt have jointly achieved several “firsts”: Chinese companies constructed Africa’s tallest skyscraper in Egypt, built Egypt’s first electrified light rail, and supported Egypt to become the continent’s leading fiberglass base. Chinese technology has also enabled Egypt to become the first African country with full satellite assembly and testing capabilities.

    In addition, Chinese firms helped drill over 680 desert water wells in Egypt over nine years, gradually turning barren land into farmland. Tech company Huawei has trained about 40,000 Egyptian youth through its ICT programs.

    Meanwhile, the flourishing cultural ties between the two countries have enhanced mutual understanding and added vitality to the partnership.

    Chinese has been formally integrated into Egypt’s national education system, with 30 universities offering Chinese courses and more than 20 secondary schools providing Chinese as an elective subject.

    Chinese cultural festivals and events held in Egypt, like “Happy Spring Festival,” “Tea for Harmony,” and “Chinese Film Week,” as well as various music performances, have attracted wide interest in Egypt and greatly promoted cultural interaction.

    Joint archaeological efforts have further deepened. In Luxor’s Karnak Temple complex, a Sino-Egyptian archaeological team revived the Montu Temple ruins, which had remained buried for over 3,000 years. Another collaborative initiative involves the digital documentation and study of thousands of anthropoid coffins discovered in the Saqqara necropolis, alongside efforts to restore the Ramses II statue at Karnak Temple.

    From museums and pyramids to southern temples and Red Sea resorts, Chinese tourists have been arriving in Egypt in growing numbers. To enhance their travel experience, Egypt has introduced Chinese-language signage in famous tourist sites, increased Chinese-speaking guides, and encouraged more hotels to offer Chinese cuisine.

    Last month, Air China announced a new direct flight between Beijing and Cairo, which is to be launched on Wednesday, operating three times weekly.

    “The new route will strengthen people-to-people exchanges and further deepen tourism cooperation between the two nations,” said Ahmed Youssef, chairman of the Egyptian Tourism Promotion Authority. 

    MIL OSI China News

  • MIL-OSI Asia-Pac: LCQ10: Home ownership by public

    Source: Hong Kong Government special administrative region

    (2) whether it has compiled statistics for each year over the past 10 years on the median monthly income and the median value of monthly mortgage repayment of local owner-occupied households; if so, of the details; if not, the reasons for that;

    (3) as there are views that home ownership can enhance people’s sense of belonging to community and foster strong work values, but according to a research brief published by the Legislative Council Secretariat in March 2021 and data from the Census and Statistics Department, the overall local home ownership rate and the home ownership rate among young people aged below 35 have both declined in recent years, whether the authorities will consider setting a home ownership rate afresh in LTHS in the future; if not, of the reasons for that; and 
    Reply:
     
    President,
     
         Hong Kong’s housing policy has all along been an important cornerstone of social development. The current-term Government put in place measures to enhance quantity, speed, efficiency and quality in land production. With our unremitting efforts in the past three years, the problem of back-loaded public housing supply (including public rental housing (PRH) and subsidised sale flats (SSF)) has completely turned around. Coupled with Light Public Housing (LPH), the total public housing supply (including also PRH and SSF) in the coming five years (i.e. 2025-26 to 2029-30) will reach 197 000 units, which is a significant increase of 85 per cent as compared with the first five year period since the current-term Government took office (i.e. 2022-23 to 2026-27). In addition, we have successfully capped the waiting time for PRH, which has reduced from the peak of 6.1 years to 5.3 years. The oversubscription rate of Home Ownership Scheme (HOS) has also dropped from the peak of 62 times in HOS 2019 to 14 times in HOS 2024. Looking ahead, with the completion of various public housing (including PRH and SSF) as well as LPH projects, the Composite Waiting Time for Subsidised Rental Housing will gradually decline. Therefore, we have more confidence to provide more SSF to further meet the home ownership aspiration of the public.
     
         Currently, about half of the households are residing in accommodations that they own. For most people, buying a property is a major life decision involving many considerations, such as family and childbearing plans as well as the pursuit of a more independent and modern lifestyle, etc. For low- to middle-income persons who cannot afford private housing, SSF is a very suitable first step in realising their dream of home ownership. In this regard, we have all along been striving to enhance the housing ladder through the provision of various types of SSF in response to the home ownership aspiration of households with different income and encourage citizens from all walks of life to move up the social ladder according to their abilities.
     
         In consultation with the Financial Services and the Treasury Bureau and the Census and Statistics Department (C&SD), our reply to the questions raised by Dr the Hon Wendy Hong is as follows:
     
    (1) and (2) Results of the 2016 Population By-census and the 2021 Population Census conducted by C&SD provide statistics regarding home ownership and related demographic and socio-economic characteristics of Hong Kong’s domestic households in the past decade. The number of owner-occupier domestic households by age group of household head and type of housing are listed in Annex 1. Over the past five years, the number of owner-occupier households and households owning SSF increased by over 80 000 and nearly 30 000 respectively, representing growth rates of 6 per cent and 7 per cent. This reflects a rising trend of homeownership among families. The median monthly income and the median mortgage payment and loan repayment of owner-occupier domestic households are listed in Annex 2.
     
         It is worth noting that between 2016 and 2021, only an average of about 4 200 flats were put up for sale under each HOS sale exercise, and the oversubscription rate was as high as about 43 times on average. However, the current-term Government is very determined to tackle the housing problem in Hong Kong. As a result, in the coming five years (i.e. 2025-26 to 2029-30), in addition to PRH/Green Form Subsidised Home Ownership Scheme (GSH) flats, the Hong Kong Housing Authority (HA) and the Hong Kong Housing Society (HS) will have a completion of about 56 500 SSF, averaging about 11 000 units annually. This is 2.6 times of the annual output before the current-term Government took office.
     
    (3) and (4) As stated above, the current-term Government is very determined to resolve housing problem in Hong Kong and we also care about our young people. Therefore, we have introduced a number of policy measures to assist citizens (especially young people) in realising their home ownership aspiration through various aspects, such as supply, allocation and financial arrangements. Since the current-term Government took office, more than 33 000 applicants have purchased SSF, and the difficulties faced by low- and middle-income families in acquiring their own properties over the past decade or so have been clearly reversed by the concerted efforts of the various teams of the current-term Government in providing more land and housing. With the increasing supply of SSF in the coming years, more residents will experience the happiness and sense of fulfillment brought by homeownership over the next decade, enabling more families to settle securely and thrive in our city.
     
         In addition, in terms of supply, the Chief Executive announced in the 2024 Policy Address that the HA would adjust the ratio between PRH (including GSH units) and SSF to gradually adjust the ratio from 7:3 to 6:4 in order to increase the supply of SSF. In the next five years (i.e. 2025-26 to 2029-30), the HA and the HS will complete about 56 500 SSF. As stated above, we believe that a continuous and stable supply of SSF led by the Government is conducive to the upward mobility along the housing ladder and it will help those in need realise their dream of owning a home according to their respective needs and abilities.
     
         At the same time, we have also proposed a series of policy measures to meet the housing needs and demands of different citizens, including revising the ratio between Green Form and White Form in respect of HOS flats from the current 4:6 to 5:5 so as to allow more PRH tenants who would like to purchase HOS flats to move upwards; and increasing the chance of young people and applicants who have made repeated attempts to purchase SSF by optimising the sales arrangements.
     
         Starting from HOS 2024, the HA has implemented the Families with Newborns Flat Selection Priority Scheme which was announced in the 2023 Policy Address. A quota of about 40 per cent of the new flats for sale (i.e. 2 900 flats) under HOS 2024 were set aside for eligible applicants under the Families with Newborns Flat Selection Priority Scheme and the Priority Scheme for Families with Elderly Members for balloting and priority flat selection. During the application period of HOS 2024, the HA received a total of around 106 000 applications. Among them, around 50 000 came from family applicants, in which around 19 000 applied under the Priority Scheme for Families with Elderly Members and Families with Newborns Flat Selection Priority Scheme, representing around 40 per cent of family applicants. If eligible families applying under the Families with Newborns Flat Selection Priority Scheme fail to purchase a flat under HOS 2024, they may still apply under the Scheme for priority flat selection as long as their children are aged three or below on the closing day of the application of subsequent SSF sale exercises. In addition, following GSH 2024, the HA will allocate an extra ballot number to applicants who had failed to purchase a flat in the last two consecutive sale exercises starting from the next HOS exercise, so as to increase their chances of success in purchasing SSF. Based on the figures of HOS 2024, assuming all factors remain constant (including the number of applicants, their age, etc), the success rate of eligible families applying under the of Families with Newborns Flat Selection Priority Scheme in purchasing a flat will increase by about 60 per cent, after obtaining an extra ballot number.
     
         The HA has also been assisting low- to middle-income families in purchasing homes through pricing and financial arrangements. First of all, the Government revised the pricing mechanism of SSF in 2018. The pricing of SSF is calculated on the basis of applicants’ affordability, which is delinked from the private housing market. Under the current pricing mechanism, at least 75 per cent of the flats for sale can allow non-owner occupier households earning the median monthly household income to spend no more than 40 per cent of their monthly income on mortgage payment. Based on affordability calculations, the selling prices of the flats offered under latest GSH and HOS sale exercises were set at 60 per cent and 70 per cent of their assessed market value respectively.
     
         On top of this, the HA relaxed mortgage arrangements for SSF in 2024, including extending the maximum mortgage default guarantee from 30 years to 50 years and extending the maximum mortgage repayment period from 25 years to 30 years to enable purchasers of first-hand and second-hand SSF to obtain mortgage loans from banks and authorised financial institutions participating in the provision of mortgage loans for such flats. After the implementation of relevant arrangements, the number of HOS/GSH flats with a residual guarantee period of more than 10 years increased substantially from about 14 per cent to about 98 per cent. As at May 2025, the average number of transactions of second-hand SSF was about 360 per month, which was about 60 per cent higher than the average number of transactions of about 230 per month in the 12 months before the implementation. Besides, after extending the maximum mortgage repayment period for flats sold under the secondary market from 25 years to 30 years, among buyers who applied for mortgages to purchase SSF in the secondary market, more than half of the cases have a repayment period of 25 years or more. This shows that the above measures have successfully revitalised the secondary market and facilitated the turnover of SSF in the secondary market.
     
         For the secondary market, starting from White Form Secondary Market Scheme (WSM) 2024, the HA has also significantly increased the quota by 1 500 to 6 000, all of which will be allocated to young family applicants and one-person applicants aged below 40. Of all the applications for WSM 2024, more than 80 per cent (i.e. about 28 000 applications) were from young applicants who chose to participate in Youth Scheme (WSM), reflecting that the scheme is well received by young people.
     
         In addition, the Government also responds to the home ownership aspirations of higher-income persons who are not eligible for the HOS and yet cannot afford private housing through Starter Homes for Hong Kong Residents (SH) projects. Apart from the first two SH projects offered for sale by the Urban Renewal Authority (i.e. eResidence Towers 1 and 2, as well as eResidence Tower 3) with a total of over 600 SH units sold, the Government is also taking forward a few other SH projects, which will provide a total of around 5 000 SH units from the next few years onwards. Amongst applicants and final purchasers of SH units offered for sale in the past, around 85 per cent were youth aged 40 or below. We believe that this initiative may help another batch of youngsters from the middle class with higher income yet still cannot afford private housing achieve home ownership with more available options.
     
         Having regard to changes in the overall situation of the property market, the current-term Government has since February 2024 abolished all demand-side management measures for residential properties. The Hong Kong Monetary Authority has also since October 2024 adjusted the countercyclical macroprudential measures for property mortgage loans. The maximum loan-to-value (LTV) ratio and debt servicing ratio (DSR) limit were reverted to the pre-2009 levels before the countercyclical macroprudential measures were first introduced, with the maximum LTV ratio for all residential properties adjusted to 70 per cent, regardless of the value of the property, and the DSR limit adjusted to 50 per cent, providing facilitation to persons with different needs for property purchase. Individuals may also obtain high LTV ratio mortgage loans through the Mortgage Insurance Programme according to their own needs. In particular, for first-time homebuyers with regular income purchasing properties priced at $10 million or below, the LTV ratio can be up to 90 per cent, which greatly reduces their down payment burden.
     
         Furthermore, to ease the burden on buyers of properties at lower values, the Government has since 26 February 2025 adjusted the value bands of Ad Valorem Stamp Duty payable for sale and purchase or transfer of residential and non-residential properties, raising the maximum value of properties chargeable to $100 stamp duty from $3 million and $4 million, facilitating those who wish to purchase flats. As most SSF units are priced below $4 million, buyers may benefit from the aforementioned reduction in stamp duty to $100, with savings up to over $59 000. According to the information from the Inland Revenue Department, there were 3 780 duly stamped sale and purchase agreements for residential properties valued between $3 million and $4 million from March to May 2025, which represents a significant increase of over 70 per cent as compared to the same period last year (March to May 2024) where 2 183 sale and purchase agreements were duly stamped.
     
         We will continue to review whether there is room to optimise various relevant arrangements having regard to factors including developments of the property market, the home ownership needs of different citizens, etc.

    MIL OSI Asia Pacific News

  • MIL-OSI: Bitget Wallet Scales Fomo Thursdays With Free Onchain Token Rewards

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, July 09, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, continues its weekly zero-barrier onchain rewards series with the fourth edition of Fomo Thursdays, launched in collaboration with Velo Protocol. This week’s event features a prize pool of 3.47 million VELO tokens and opens 50,000 participation slots. Users can enter by staking $10 USDT — fully refundable after the event — for a chance to receive randomized token rewards, including a top prize of $888 in VELO.

    Fomo Thursdays lowers entry barriers for token participation by replacing complex trading tasks or point-based systems with a simple weekly staking model. Participants receive randomized token rewards via onchain smart contracts, with no gas fees required for claims. In the previous round, 20,000 users joined within 10 minutes of the event opening, underscoring growing demand for this accessible format.

    VELO, the native token of Velo Protocol, powers a decentralized finance infrastructure focused on enabling global value transfer. The project integrates multi-asset trading, FX aggregation, and Web3-native settlement systems. Its architecture positions VELO as a foundational liquidity layer for cross-border financial applications and remittance flows, particularly in emerging markets.

    The weekly event is part of Bitget Wallet’s broader effort to create low-friction, accessible onchain experiences for new and existing users. “Fomo Thursdays is designed to make token access simple, fun, and available to all — without the usual barriers,” said Jamie Elkaleh, CMO of Bitget Wallet. “By embedding these events directly into the wallet, we’re opening up early-stage opportunities to a much wider base of users.”

    The Week 4 campaign opens for staking on July 9 at 13:00 UTC and closes 24 hours later. Token distribution and USDT refunds begin at 14:00 UTC on July 10. All VELO rewards will be distributed on BNB Chain and are claimable directly within Bitget Wallet.

    For more information, visit the Bitget Wallet official channels.

    About Bitget Wallet
    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets. Its vision is Crypto for Everyone — to make crypto simpler, safer, and part of everyday life for a billion people.

    For more information, visit: XTelegramInstagramYouTubeLinkedInTikTokDiscordFacebook

    For media inquiries, contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/68f3f9c6-1aad-4bee-be3d-f913b3ccfa1f

    The MIL Network

  • Broadband subscribers in India cross 944 million, up 2.17% in FY 25: TRAI

    Source: Government of India

    Source: Government of India (4)

    The number of broadband subscribers rose to 944.12 million in India, the Telecom Regulatory Authority of India (TRAI) data showed on Tuesday.

    TRAI released its “Indian Telecom Services – Yearly Performance Indicators Report” for 2024–25, offering a detailed overview of India’s telecom and broadcasting sectors from April 1, 2024, to March 31, 2025.

    India’s internet subscribers rose to 969.10 million from 954.40 million at the end of March 2025, the Ministry of Communications said in a statement. Broadband connections accounted for 944.12 million, registering a 2.17% growth, while narrowband users declined sharply by 17.66% to 24.98 million.

    Mobile Average Revenue Per User (ARPU) saw a notable increase of 16.89%, rising from ₹149.25 to Rs 174.46. Prepaid ARPU rose, while postpaid ARPU marginally declined.

    Total wireless data usage jumped 17.46% to 2,28,779 Petabytes (PB), and data revenue grew 15.49% to Rs 2.15 lakh crore. The number of wireless data users also rose to 939.51 million.

    India’s total telephone subscriber base grew marginally by 0.13% to 1,200.80 million. However, overall teledensity slipped from 85.69% to 85.04%. While urban subscriptions increased slightly, urban teledensity declined by 1.70%. Rural subscriptions also rose, but rural teledensity saw a minor dip.

    Wireless subscribers fell by 0.73%, with a net loss of 8.5 million users. Wireline connections, however, surged by 9.62% to 37.04 million, boosting wireline teledensity from 2.41% to 2.62%.

    The sector’s Gross Revenue (GR) grew by 10.72% to Rs 3.72 lakh crore, while Adjusted Gross Revenue (AGR) rose 12.02% to Rs 3.03 lakh crore. Spectrum Usage Charges and license fees also recorded significant increases.

    In the broadcasting sector, India had 918 permitted private satellite TV channels as of March 2025, with 333 pay channels (232 SD and 101 HD). Pay DTH subscribers declined to 56.92 million, down from 61.97 million the previous year.

    There were 388 operational private FM radio stations across 113 cities, operated by 33 broadcasters after a recent merger. Community Radio Stations also saw growth, increasing from 494 to 531.

    The full report is available on TRAI’s website (www.trai.gov.in).

  • India’s internet subscribers cross 969 million in FY25, driven by broadband growth: TRAI

    Source: Government of India

    Source: Government of India (4)

    India’s internet subscriber base grew by 1.54% in the financial year 2024–25, rising from 954.40 million in March 2024 to 969.10 million in March 2025, according to data released by the Telecom Regulatory Authority of India (TRAI) on Tuesday.

    The growth was primarily driven by an increase in broadband subscribers, which rose from 924.07 million to 944.12 million, marking a 2.17% year-on-year gain.

    In contrast, narrowband subscriptions declined by 17.66%, falling from 30.34 million to 24.98 million during the same period.

    The report, titled Indian Telecom Services – Yearly Performance Indicators, also noted a 16.89% increase in mobile Average Revenue Per User (ARPU), which climbed from ₹149.25 to ₹174.46. While prepaid ARPU saw a notable rise, postpaid ARPU recorded a slight decline.

    Total wireless data usage jumped 17.46% to 2,28,779 Petabytes (PB), and data revenue grew 15.49% to Rs 2.15 lakh crore. The number of wireless data users also rose to 939.51 million.

    India’s total telephone subscriber base grew marginally by 0.13% to 1,200.80 million. However, overall teledensity slipped from 85.69% to 85.04%. While urban subscriptions increased slightly, urban teledensity declined by 1.70%. Rural subscriptions also rose, but rural teledensity saw a minor dip.

    Wireless subscribers fell by 0.73%, with a net loss of 8.5 million users. Wireline connections, however, surged by 9.62% to 37.04 million, boosting wireline teledensity from 2.41% to 2.62%.

    The sector’s Gross Revenue (GR) grew by 10.72% to Rs 3.72 lakh crore, while Adjusted Gross Revenue (AGR) rose 12.02% to Rs 3.03 lakh crore. Spectrum Usage Charges and license fees also recorded significant increases.

    In the broadcasting sector, India had 918 permitted private satellite TV channels as of March 2025, with 333 pay channels (232 SD and 101 HD). Pay DTH subscribers declined to 56.92 million, down from 61.97 million the previous year.

    There were 388 operational private FM radio stations across 113 cities, operated by 33 broadcasters after a recent merger. Community Radio Stations also saw growth, increasing from 494 to 531.

    The full report is available on TRAI’s website (www.trai.gov.in).

     

  • MIL-OSI: Dassault Systèmes: declaration of the number of outstanding shares and voting rights as of June 30, 2025

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    VELIZY-VILLACOUBLAY, FranceJuly 9, 2025
                    

    Declaration of the number of outstanding shares and
    voting rights as of June 30, 2025

    Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today announced below the total number of its outstanding shares and voting rights as of June 30, 2025, according to articles 223-16 and 221-3 of the General Regulation of the Autorité des marchés financiers.

    Number of outstanding shares: 1,344,885,108

    Number of voting rights*: 2,017,243,755

    *The total number of voting rights is calculated on the basis of the total number of outstanding shares, even if the voting rights attached thereto are suspended, pursuant to Article 223-11 of the General Regulation of the Autorité des marchés financiers relating to the method for calculating the percentages of holdings in shares and in voting rights. We invite our shareholders to refer to this article should they need to declare crossing of thresholds.

    Declarations related to crossing of threshold must be sent to:
    Dassault Systèmes, Investor Relations Service, 10, rue Marcel Dassault, CS 40501, 78946 Vélizy-Villacoublay Cedex (France). E-mail address: Investors@3ds.com  

    ###

    ABOUT DASSAULT SYSTÈMES

    Dassault Systèmes is a catalyst for human progress. Since 1981, the company has pioneered virtual worlds to improve real life for consumers, patients and citizens. With Dassault Systèmes’ 3DEXPERIENCE platform, 370 000 customers of all sizes, in all industries, can collaborate, imagine and create sustainable innovations that drive meaningful impact. For more information, visit www.3ds.com

    Dassault Systèmes Investor Relations Team                FTI Consulting
    Béatrix Martinez :                                        Arnaud de Cheffontaines: +33 1 47 03 69 48
    +33 1 61 62 40 73                                        Jamie Ricketts : +44 20 3727 1600
    investors@3ds.com                                        

    Dassault Systèmes Press Contacts
    Corporate / France        
    Arnaud Malherbe / Déborah Cobbi
    +33 1 61 62 87 73 / +33 1 61 62 70 83
    arnaud.malherbe@3ds.com / deborah.cobbi@3ds.com

    Attachment

    The MIL Network

  • MIL-OSI Asia-Pac: LCQ17: Combating online investment scams

    Source: Hong Kong Government special administrative region

         Following is a question by Professor the Hon Priscilla Leung and a written reply by the Secretary for Financial Services and the Treasury, Mr Christopher Hui, in the Legislative Council today (July 9):

    Question:

         According to the data provided by the Government in its reply to a question raised by a Member of this Council in June this year, the Police recorded a total of 1 534 cases of online investment scams involving an amount of about $1.02 billion in the first four months of this year. In this connection, will the Government inform this Council:

    (1) given that the Securities and Futures Commission (SFC) has launched anti-scam publicity and education programmes targeting three common investment scam scenarios, whether the Government has formulated specific measures to support SFC’s anti-scam publicity programmes, so as to raise public vigilance against investment scams; if so, of the details; if not, the reasons for that;

    (2) whether it has plans to strengthen its co-operation with the SFC to update and enhance investor education, so as to ensure that investors can effectively identify and guard against emerging investment risks as well as evolving fraudulent practices and technologies; and

    (3) whether it has devised further strategies or allocated additional resources to extend the impact of the “Don’t be Sucker” anti-scam publicity campaign launched by the SFC, so as to enable more investors to benefit from the campaign and avoid becoming victims of online investment scams; if so, of the details; if not, the reasons for that?

    Reply:

    President,

         The Government attaches great importance to investor education, and is committed to supporting the Securities and Futures Commission (SFC) and its subsidiary, the Investor and Financial Education Council (IFEC), in enhancing the financial literacy of the public through various means and channels. In consultation with the Security Bureau, the SFC and the Hong Kong Monetary Authority (HKMA), my reply to the various parts of the question is as follows.

    (1) and (2) In the first five months of 2025, there were 1 849 cases of online investment scams recorded by the Police, involving about $1.24 billion. The Government accords high priority to investor protection, and strives to combat online investment scams through two main directions, namely promotion and enforcement.

         On promotion, the Government, together with the SFC and the IFEC, has been striving to enhance investors’ anti-financial scam capabilities, raise the public’s knowledge in relevant financial products, and remind investors of the risks associated with digital finance.

         In March 2025, the IFEC in collaboration with various stakeholders organised the “Hong Kong Money Month” with the theme of “Guard against Fraud Thrive with Resilience” to comprehensively promote anti-scam messages by publicising anti-scam information targeting different segments of the community through cross-media promotion. The promotion videos recorded a total of 20.6 million views during the promotion period. In the face of ever-changing technology and evolving fraud tactics, the IFEC has also introduced various anti-financial scam education resources, animated videos, online seminars, etc to educate the public on safeguarding against investment scams including “ramp and dump” schemes, social media investment groups, fraudulent trading apps or investment platforms, impersonation scams, deepfake technology and phishing messages, etc. The IFEC website also features fraud prevention online games and an anti-scam online quiz, enabling the public to gain anti-scam knowledge through engaging and interactive games.

         The IFEC launched Hong Kong’s first digital financial education experiential learning centre, the IFEC FinEd Hub, in March 2024 to offer investment and anti-scam education to a wider audience through immersive and interactive learning experiences. The FinEd Hub features various interactive anti-scam games for visitors to learn how to identify and respond to various financial scams. As of end-June 2025, the FinEd Hub has recorded over 26 500 visits, with the vast majority of visitors indicating that their visit had enhanced their anti-scam knowledge.

         On the other hand, the HKMA has introduced “Money Safe” with banks to provide an extra layer of security to customers’ bank deposits. “Money Safe” enables customers to segregate a portion of their deposits maintained at banks, protecting them from fund outflows through online and other channels. When releasing the protected deposits, customers would need to undertake extra verification process by staff at bank branches. All retail banks will fully implement “Money Safe” by the end of this year.

         As regards enforcement actions against online investment scams, given that most fraud cases in Hong Kong currently involve the use of stooge accounts for receiving funds, targeting such accounts is an effective way to disrupt the fraud value chain. In the first five months of 2025, the Police arrested a total of 3 028 persons in connection with various fraud and money laundering offences, about 70 per cent of whom were holders of stooge accounts. Since the end of 2023, the Police have also applied to the courts to invoke section 27 of the Organized and Serious Crimes Ordinance (Cap. 455) to seek enhanced penalties for cases involving stooge accounts, so as to strengthen deterrence. There have been cases where convicted stooge account holders received sentences increased by more than 30 per cent.

         The Hong Kong Police Force, together with the police authorities of the Macao Special Administrative Region, Malaysia, Maldives, Singapore, South Korea, and Thailand, has also conducted the first joint operation under the anti-fraud cross-boundary co-operation platform “FRONTIER+” to jointly combat cross-boundary fraud criminal activity. The operation successfully identified and dismantled multiple cross-boundary fraud syndicates, resulting in the arrest of 1 858 persons and involving 9 268 fraud cases, including investment fraud. In addition, noting the increase in online investment scams at the beginning of 2025, the Hong Kong Police have, over the past few months, held press conferences from time to time and stepped up publicity through various channels to remind the public to remain vigilant.

    (3) The SFC launched a new anti-scam campaign “Don’t be Sucker” in December 2024 to caution the public against common tactics used in fraudulent schemes. An original cartoon character “Shui Yu”, symbolising an impulsive and gullible personality that easily fall prey to investment scams, debuted in the campaign.

         Complementing the SFC’s focused promotion of three common scams that the public should avoid (namely online romance scams, impersonation, and deceptive tips from financial influencers), the SFC has rolled out an original campaign theme song and a music video featuring “Shui Yu”, which has recorded over one million views within about three months since its launch. As of end-June 2025, the SFC has published about 50 posts on the social media platform of “Shui Yu”, which has attracted more than 1 500 followers and over 423 000 views by unique users.

         To further promote anti-scam messages through “Shui Yu”, the SFC has produced “Shui Yu”-themed messaging app stickers to spread anti-scam messages in a light-hearted way. Apart from various online and offline advertisements, the SFC extended the “Don’t be Sucker” anti-scam publicity campaign through MTR station commercials and a TV infotainment programme in May to June 2025, garnering more than 1.6 million views in estimate.

         In fact, the Government has been proactively enhancing public awareness of various kinds of scams. The Police have set up the Anti-Deception Coordination Centre since July 2017 to consolidate the efforts of the Police in combating and preventing scams, and have introduced various initiatives including the 24-hour enquiry hotline “Anti-Scam Helpline 18222”, and the “Upstream Scam Intervention” scheme to actively identify potential scam victims.

         In addition, the Police have introduced an anti-scam mascot “The Little Grape” since June 2020 to explain the latest tactics of scammers and disseminate simple anti-scam messages in a friendly and interactive manner. Various “The Little Grape” anti-scam promotional campaigns have also been organised over the past five years. Thanks to these initiatives and the collective efforts of the community, the annual growth rate of scam cases has significantly decelerated from nearly 90 per cent in 2020 to 11.7 per cent last year, indicating a rise in public awareness of scam prevention.

         Going forward, the Government will continue to support relevant organisations and stakeholders in collaboratively launching targeted promotion activities to raise the anti-scam awareness of the public.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: President Lai meets delegation led by Foreign Minister Jean-Victor Harvel Jean-Baptiste of Republic of Haiti

    Source: Republic of China Taiwan

    Details
    2025-07-01
    President Lai meets delegation from 2025 Taiwan International Ocean Forum
    On the afternoon of July 1, President Lai Ching-te met with a delegation from the 2025 Taiwan International Ocean Forum (TIOF). In remarks, President Lai noted that the people of Taiwan will continue to work with democratic partners throughout the world in a maritime spirit of freedom and openness to contribute to ocean governance and jointly ensure maritime security. He expressed hope that their visit will help forge stronger friendships between Taiwan and international maritime partners, so that all can work together to spur shared maritime prosperity and sustainable development for the next generation. A translation of President Lai’s remarks follows: I want to thank our guests for coming here to the Presidential Office. The 2025 TIOF will take place tomorrow and the day after, and I thank you all for making the long trip to Taiwan to attend the event and share your valuable insights and experiences. This year’s forum will focus on strategies for strengthening maritime security and pathways to achieving a sustainable blue economy. By attending this forum, our guests are highlighting their commitment to safeguarding the oceans, and beyond that, taking concrete action to demonstrate support for Taiwan. I once again offer deepest gratitude on behalf of the people of Taiwan. Taiwan holds a key position on the first island chain, is one of the world’s top 10 shipping nations, and accounts for close to 10 percent of global container shipping by volume. As such, Taiwan occupies a unique and important position in maritime strategy. For Taiwan, the ocean is more than just a basis for survival and development; it is also an important driver of national prosperity. In my inaugural address last year, I spoke of a threefold approach to further Taiwan’s development. One of these involves further developing our strengths as a maritime nation. Our government must actively help deepen our connections with the ocean, and must continue to promote green shipping, a sustainable fishing industry, marine renewable energy, and other forms of industrial transformation. It must also make use of marine technology and digital innovation to create a new paradigm that balances environmental, economic, and social inclusion concerns. This will help enhance Taiwan’s responsibilities and competitiveness as a maritime nation. Taiwan is surrounded by ocean, and our territorial waters are a natural protective barrier. However, continued gray-zone aggression from China creates serious threats and challenges to peace and stability in the Taiwan Strait. Our government continues to invest resources to deal with increasingly complex maritime security issues. In addition to building coast guard patrol vessels, we must also step up efforts to build underwater, surface, and airborne unmanned vehicles and smart reconnaissance equipment, so as to demonstrate Taiwan’s determination to defend democracy and freedom and commitment to maintaining peace and stability in the Taiwan Strait. Oceans are Taiwan’s roots, and provide the channels by which we engage with the world. The people of Taiwan will continue to work with democratic partners throughout the world in a maritime spirit of freedom and openness to contribute to ocean governance and jointly ensure maritime security. The TIOF was first launched in 2020, and has now become an important platform for enhancement of cooperation between Taiwan and other countries. I hope that our distinguished guests will reap great benefits at this year’s forum, and further hope that this visit will help forge stronger friendships between Taiwan and international maritime partners, so that all can work together to spur shared maritime prosperity and sustainable development for the next generation. Chairman of The Washington Times Thomas McDevitt, a member of the delegation, then delivered remarks, noting first that July 4th, this Friday, is Independence Day in America. Independence is a sacred, powerful word which has great meaning in this part of the world, he said. Chairman McDevitt indicated that Taiwan has truly become a global beacon of democracy and a key partner for many nations. He then quoted President Lai’s 2024 inaugural address: “We will work together to combat disinformation, strengthen democratic resilience, address challenges, and allow Taiwan to become the MVP of the democratic world.” Chairman McDevitt went on to say that he appreciated the president’s speech with regard to his philosophical depth, sensitivity, and both moral and political clarity. He said that he was deeply moved by the speech, but within a few days of it, China responded with military activities and many threats. The chairman then emphasized that we are in a civilization crisis. Chairman McDevitt mentioned that President Lai has begun a series of 10 lectures, and remarked that they would help the world to understand the identity and the nature of Taiwan, as well as the situation we are in in the world. On behalf of all the delegation, Chairman McDevitt thanked the president for his leadership in dealing with these issues thoughtfully. Chairman McDevitt concluded with a line from the Old Testament which states that if the people have no vision, they will perish. He said that he believes Taiwan’s president has led the people of Taiwan, and the world, with a vision of how to navigate this great civilization crisis together. The delegation also included Members of the Japanese House of Representatives Kikawada Hitoshi, Aoyama Yamato, and Genma Kentaro, and Member of Parliament of the United Kingdom Gavin Williamson.

    Details
    2025-06-30
    President Lai meets Minister of State at UK Department for Business and Trade Douglas Alexander  
    On the morning of June 30, President Lai Ching-te met with Douglas Alexander, Minister of State at the Department for Business and Trade of the United Kingdom. In remarks, President Lai thanked the UK government for its longstanding support for peace and stability across the Taiwan Strait, demonstrating that Taiwan and the UK share similar goals. Noting that two years ago, Taiwan and the UK signed an enhanced trade partnership (ETP) arrangement, the president said that today Taiwan and the UK have signed three pillars under the ETP, which will help promote bilateral economic and trade cooperation. He expressed hope of the UK publicly supporting Taiwan’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) so that together we can create an economic and trade landscape in the Indo-Pacific characterized by shared prosperity and development. A translation of President Lai’s remarks follows: First, on behalf of the people of Taiwan, I extend a warm welcome to Minister Alexander and wish a fruitful outcome for the 27th round of Taiwan-UK trade talks later today. Taiwan-UK relations have grown closer in recent years. We have not only continued to strengthen cooperation in such fields as offshore wind power, innovative technologies, and culture and education but also have established regular dialogue mechanisms in the critical areas of economics and trade, energy, and agriculture. The UK is currently Taiwan’s fourth-largest European trading partner, second-largest source of investment from Europe, and third-largest target for investment in Europe. Two years ago, Taiwan and the UK signed an ETP arrangement. This was particularly meaningful, as it was the first institutionalized economic and trade framework between Taiwan and a European country. Today, this arrangement is yielding further results. I am delighted that Taiwan and the UK have signed three pillars under the ETP covering investment, digital trade, and energy and net-zero. This will help promote bilateral economic and trade cooperation and advance industrial development on both sides. I also want to thank the UK government for its longstanding support for peace and stability across the Taiwan Strait. This month, the UK published its Strategic Defence Review 2025 and National Security Strategy 2025, which oppose any unilateral attempts to change the status quo across the Taiwan Strait. These not only demonstrate that Taiwan and the UK share similar goals but also show that security and prosperity in the Indo-Pacific region are inseparable from those of the transatlantic regions. In addition, last November, the House of Commons passed a motion which made clear that United Nations General Assembly (UNGA) Resolution 2758 neither established the sovereignty of the People’s Republic of China over Taiwan nor determined Taiwan’s status in the United Nations. The UK government also responded to the motion by publicly expressing for the first time its position on UNGA Resolution 2758, opposing any attempt to broaden the interpretation of the resolution to rewrite history. For this, on behalf of the people of Taiwan, I once again want to extend my deepest gratitude. Taiwan and the UK have the advantage of being highly complementary in the technology sector. In facing the restructuring of global supply chains and other international economic and trade developments, I believe that Taiwan and the UK are indispensable key partners for one another. I look forward to the UK publicly supporting Taiwan’s accession to the CPTPP so that together, we can create an economic and trade landscape in the Indo-Pacific characterized by shared prosperity and development. In closing, I wish Minister Alexander a pleasant and successful visit. And I hope he has the opportunity to visit Taiwan for personal travel in the future. Minister Alexander then delivered remarks, saying that it is a great personal honor to meet with everyone today to discuss further deepening the UK-Taiwan trade relationship and explore the many opportunities our two sides can pursue together. He mentioned that he traveled to Taiwan in 2022 when he was a private citizen, a visit he thoroughly enjoyed, so he is delighted to be back to see the strength of the UK-Taiwan relationship and the strengthening of that relationship. He said that relationship is built on mutual respect, democratic values, and a shared vision for open, resilient, and rules-based economic cooperation. As like-minded partners, he pointed out, our collaboration continues to grow across multiple sectors, and he is here today to further that momentum. Minister Alexander stated that on trade and investment, he is proud that this morning we signed the ETP Pillars on Investment, Digital Trade, Energy and Net Zero, which will provide a clear framework for our future cooperation and lay the foundation for expanded access and market-shaping engagement between our two economies. The minister said he believes that together with our annual trade talks, this partnership will help UK’s firms secure new commercial opportunities, improve regulatory alignment, and promote long-term investment in key growth areas, which in turn will also support Taiwan’s efforts to expand high-quality trade relationships with trusted partners. Minister Alexander said that President Lai’s promotion of the Five Trusted Industry Sectors and the UK’s recently published industrial and trade strategies are very well-aligned, as both cover clean energy and semiconductors as well as advanced manufacturing. He then provided an example, saying that both sides plan to invest in AI infrastructure and compute power-creating opportunities for great joint research in the future. By combining our strengths in these areas, he said, we can open the door to innovative collaboration and commercial success for both sides. He mentioned that yesterday he visited the Taiwan Space Agency, commenting that in sectors such as satellite technology, green energy, and cyber security, British expertise and trusted standards can provide meaningful solutions. Noting that President Lai spoke in his remarks of the broader challenge of peace and security in the region, Minister Alexander stated that the United Kingdom has, of course, also continued to affirm its commitment to peace and stability in the Taiwan Strait, along with its G7 partners. The UK-Taiwan relationship is strategic, enduring, and growing, he stated, and they reaffirm and remain firm in their longstanding position and confident in their ability to work together to support both prosperity and resilience in both of our societies. Minister Alexander said that, as Taiwan looks to diversify capital and build global partnerships, they believe the UK represents a strong and ambitious investment destination, particularly for Taiwanese companies at the very forefront of robotics, clean tech, and advanced industry. He pointed out that the UK’s markets are stable, open, and aligned with Taiwan’s vision of a high-tech, sustainable future, adding that he looks forward to our discussion on how we can further deepen our cooperation across all of these areas and more. The delegation also included Martin Kent, His Majesty’s Trade Commissioner for Asia Pacific at the UK Department for Business and Trade. The delegation was accompanied to the Presidential Office by British Office Taipei Representative Ruth Bradley-Jones.   

    Details
    2025-06-27
    President Lai confers decoration on former Japan-Taiwan Exchange Association Chairman Ohashi Mitsuo
    On the morning of June 27, President Lai Ching-te conferred the Order of Brilliant Star with Grand Cordon upon former Chairman of the Japan-Taiwan Exchange Association Ohashi Mitsuo in recognition of his firm convictions and tireless efforts in promoting Taiwan-Japan exchanges. In remarks, President Lai stated that Chairman Ohashi cares for Taiwan like a family member, and expressed hope that Taiwan and Japan continue to deepen their partnership, bring about the early signing of an economic partnership agreement (EPA), and jointly build secure and stable non-red supply chains as we boost the resilience and competitiveness of our economies and jointly safeguard the values of freedom and democracy. A translation of President Lai’s remarks follows: Every meeting I have with Chairman Ohashi, with whom I have worked side by side for many years, is warm and friendly. I recall that when we met last year, Chairman Ohashi said that he often thinks about what Japan can do for Taiwan and what Taiwan can do for Japan, and that it is that mutual concern that makes us so close. This was a truly moving statement illustrating the relationship between Taiwan and Japan. Chairman Ohashi has also said numerous times that our bilateral relations may very well be the best in the entire world, and that in fact they may serve as a model to other countries. Indeed, Chairman Ohashi is himself an exemplary model for friendly relations between Taiwan and Japan. His spirit of always working tirelessly to promote Taiwan-Japan exchanges is truly admirable. Assuming the position of chairman of the Japan-Taiwan Exchange Association in 2011, he served during the terms of former Presidents Ma Ying-jeou and Tsai Ing-wen, continuously making positive contributions to Taiwan-Japan relations. Over these past 14 years, Taiwan and Japan have signed over 50 major agreements, spanning the economy and trade, fisheries, and taxes, among other areas. In 2017, the Taiwan-Japan Relations Association and the Japan-Taiwan Exchange Association underwent name changes, strengthening the essence and significance of Taiwan-Japan relations. These great achievements were all made possible thanks to the firm convictions and tireless efforts of Chairman Ohashi. On behalf of the people of Taiwan, I am delighted to confer upon Chairman Ohashi the Order of Brilliant Star with Grand Cordon to express our deepest thanks for his outstanding contributions. Chairman Ohashi is not just a good friend of Taiwan, but someone who cares for Taiwan like a family member. When a major earthquake struck in 2016, he personally went to Tainan to assess the situation and meet with the city government. This outpouring of friendship and support across borders was deeply moving. As we look to the future, I hope that Taiwan and Japan can continue to deepen our partnership. In addition to bringing about the early signing of an EPA, I also hope that we can expand collaboration in key areas such as semiconductors, energy, and AI, continue building secure and stable non-red supply chains, and boost the resilience and competitiveness of our economies as well as peace and stability in the Indo-Pacific. As Chairman Ohashi has said, the close bilateral relationship between Taiwan and Japan is one the world can be proud of. I would like to thank him once again for his contributions to deepening Taiwan-Japan ties. Taiwan will continue to forge ahead side by side with Japan, jointly safeguarding the values of freedom and democracy and mutually advancing prosperous development. I wish Chairman Ohashi good health, happiness, peace, and success in his future endeavors, and invite him to return to Taiwan often to visit old friends. Chairman Ohashi then delivered remarks, first thanking President Lai for his kind words. He stated that the Taiwan-Japan relationship is not only worthy of praise; it can also serve as a superb model in the world for bilateral relations that is worthy of study by other countries. He added that this is the result of the collective efforts of President Lai as well as many other individuals. Chairman Ohashi said that the current international situation is rather severe, with wars and conflicts occurring between many neighboring countries. He said that there is a growing trend of nuclear weapon proliferation, emphasizing that use of such weapons would cause significant harm between nations. He also pointed out that some countries even use nuclear weapons as a threat, leading to instability and impacting the global situation. Chairman Ohashi said that neither Taiwan nor Japan possesses nuclear weapons, which is something to be proud of. That is why, he said, we can declare that a world without nuclear weapons is a peaceful world. He also mentioned that during his tenure as chairman of the Japan-Taiwan Exchange Association, he consistently upheld this principle in his work. Chairman Ohashi said that the mission of the World Federalist Movement (WFM) is to promote world peace. He said that the WFM has branches in countries worldwide, with the WFM of Japan being one of the most prominent, and that it also aspires to achieve the goal of world peace. Having served as chairman of the Japan-Taiwan Exchange Association for 14 years, he said, he is now stepping down from this role and will serve as the chairman of the WFM of Japan, aiming to promote peace in countries around the world. Chairman Ohashi said that both Taiwan and Japan can take pride in our friendly bilateral relationship, emphasizing that if the good relationship between Japan and Taiwan could be offered as an example to countries around the world, there would be no more wars. He expressed his sincere hope that under President Lai’s leadership, Taiwan and Japan can work together to jointly promote world peace. Also in attendance at the ceremony was Japan-Taiwan Exchange Association Taipei Office Chief Representative Katayama Kazuyuki.

    Details
    2025-06-25
    President Lai meets Japan’s former Economic Security Minister Kobayashi Takayuki
    On the afternoon of June 25, President Lai Ching-te met with Kobayashi Takayuki, Japan’s former economic security minister and a current member of the House of Representatives. In remarks, President Lai expressed hope to combine the strengths of the democratic community to build resilient, reliable non-red supply chains, and ensure a resilient global economy and sustainable development. He also expressed hope that Taiwan and Japan can bring about the early signing of an economic partnership agreement (EPA), and that Japan will continue supporting Taiwan’s bid to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), enhancing our own bilateral partnership, as doing so would create win-win situations and further contribute to regional economic security and stability. The following is a translation of President Lai’s remarks: I welcome Representative Kobayashi back to Taiwan for another visit after seven years. During his last visit, he was with a delegation from the Liberal Democratic Party (LDP) Youth Division, and we met at the Executive Yuan. I am very happy to see him again today. Representative Kobayashi has long paid close attention to matters involving economic security, technological innovation, and aerospace policy. He also made a stunning debut in last year’s LDP presidential election, showing that he is truly a rising star and an influential figure in the political sphere. With this visit, Representative Kobayashi is demonstrating support for Taiwan with concrete action, which is very meaningful. Taiwan and Japan are both part of the first island chain’s key line of defense. We thank the many Japanese prime ministers, including former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as current Prime Minister Ishiba Shigeru, for the many times they have highlighted the importance of peace and stability in the Taiwan Strait at important international venues, and for expressing opposition to the use of force or coercion to unilaterally change the status quo in the Taiwan Strait. I hope that Taiwan and Japan can engage in more cooperation and exchanges to promote peace and prosperity in the Indo-Pacific region in all aspects. In particular, China in recent years has been actively expanding its red supply chains, which threaten the global free trade system and advanced technology markets. Taiwan hopes to combine the strengths of the democratic community to build resilient, reliable non-red supply chains. In the semiconductor industry, for example, Taiwan has excellent advanced manufacturing capabilities, while Japan plays an important role in materials, equipment, and key technologies. I am confident that, given the experience that Taiwan and Japan have in cooperating, we can build an industrial supply chain composed of democratic nations to ensure a resilient global economy and sustainable development. I hope that Taiwan and Japan can bring about the early signing of an EPA in order to deepen our bilateral trade and investment exchanges and cooperation. I also hope that Japan will continue supporting Taiwan’s bid to join the CPTPP, enhancing our own bilateral partnership, as doing so would create win-win situations and further contribute to regional economic security and stability. Taiwan and Japan are democratic partners that share the values of freedom, democracy, and respect for human rights. I firmly believe that so long as we work together, we can certainly address the challenges posed by authoritarianism, and bring prosperity and development to the Indo-Pacific region. In closing, I welcome Representative Kobayashi once again. I am certain that this visit will help enhance Taiwan-Japan exchanges and deepen our friendship. Representative Kobayashi then delivered remarks, first thanking President Lai for taking the time to meet with him, and noting that this was his second visit to Taiwan following a trip seven years prior, when he came with his good friend from college and then-Director of the LDP Youth Division Suzuki Keisuke, now Japan’s minister of justice. Representative Kobayashi mentioned a Japanese kanji that he is very fond of – 絆 (kizuna) – which means “deep ties of friendship.” He emphasized that a key purpose of this visit to Taiwan was to reiterate the deep ties of friendship between Taiwan and Japan. In addition to deep historical ties, he said, Taiwan and Japan also enjoy a like-minded partnership in terms of economic, personnel, and friendship-oriented exchanges. He went on to say that at the strategic level, Taiwan and Japan also have deep ties of friendship, and that for Japan, it is strategically important that Taiwan not be isolated under any circumstances. Representative Kobayashi emphasized that cooperation between Taiwan and Japan, and even cooperation among Taiwan, Japan, and the United States, are more important now than ever, and that another important focus of this visit is the non-red supply chains referred to earlier by President Lai. He said that as Japan’s first economic security minister and the person currently in charge of the LDP’s policy on economic security, he is acutely aware of the important impact of economic security on national interests, and therefore looks forward to further exchanging views regarding Taiwan’s concrete steps to build non-red supply chains. The delegation was accompanied to the Presidential Office by Japan-Taiwan Exchange Association Deputy Representative Takaba Yo.

    Details
    2025-06-16
    President Lai meets delegation led by Representative Bera, co-chair of US Congressional Taiwan Caucus
    On the morning of June 16, President Lai Ching-te met with a delegation led by Representative Ami Bera, co-chair of the US Congressional Taiwan Caucus. In remarks, President Lai thanked the representatives in Congress for actively voicing support for Taiwan and proposing numerous Taiwan-friendly initiatives to strengthen Taiwan-US ties, helping expand Taiwan’s international space and continuing to place focus on peace and stability across the Taiwan Strait. The president said that we will continue to strengthen bilateral investment and industrial cooperation and create a more comprehensive environment for economic and trade exchanges to jointly enhance economic and developmental resilience. A translation of President Lai’s remarks follows: I am delighted to meet with the delegation and welcome Congressman Bera back to the Presidential Office. Last January, he visited after the presidential election, demonstrating the steadfast backing of the US Congress for democratic Taiwan. This time, as head of a delegation of new members of the House Armed Services Committee and the Foreign Affairs Committee, he is continuing to foster US congressional support for Taiwan. On behalf of the people of Taiwan, I extend a sincere welcome to Congressman Bera and all our esteemed guests. Over the years, staunch bipartisan US congressional backing of Taiwan has been a key force for steadily advancing our bilateral relations. I thank the representatives in Congress for actively voicing support for Taiwan and proposing numerous Taiwan-friendly initiatives, thereby strengthening Taiwan-US ties, helping expand Taiwan’s international space, and continuing to place focus on peace and stability across the Taiwan Strait. I want to emphasize that Taiwan has an unwavering determination to safeguard peace and stability in the Indo-Pacific region. Over the past year, the government and private sector have been working together to enhance Taiwan’s whole-of-society defense resilience and accelerate reform of national defense. The government is also prioritizing special budget allocations to ensure that our defense budget exceeds three percent of GDP this year. I hope that Taiwan-US security cooperation will evolve beyond military procurement to a partnership that encompasses joint research and development and joint production, further strengthening cooperation and exchange in the defense industry. Regarding industrial exchanges, last month, Minister of Foreign Affairs Lin Chia-lung (林佳龍) and Minister of Economic Affairs Kuo Jyh-huei (郭智輝) each visited Texas to see firsthand Taiwan-US collaboration in AI and semiconductors. And the delegation led by Executive Yuan Secretary-General Kung Ming-hsin (龔明鑫) sent by Taiwan to this year’s SelectUSA Investment Summit in Washington, DC, was again the largest of those attending. All of this demonstrates Taiwan’s commitment to working alongside the US to create mutual prosperity. In the future, we will continue to strengthen bilateral investment and industrial cooperation. And I hope that the legislation addressing the issue of Taiwan-US double taxation will become law this year. I want to thank Congressman Bera for co-leading a joint letter last November signed by over 100 members of Congress calling for such legislation. I believe that by creating a more comprehensive environment for economic and trade exchanges, Taiwan and the US can enhance economic and developmental resilience. In closing, I thank you all for making the long journey here to advance Taiwan-US relations. Let us continue working together to promote the prosperous development of this important partnership. Congressman Bera then delivered remarks, saying that on behalf of the delegation, it is an honor for him to be here once again, it being last January that he and Congressman Mario Díaz-Balart visited and congratulated President Lai on his election victory, noting that theirs was the first congressional delegation to do so. Congressman Bera said that this is an important time, not just for the US and Taiwan relationship, but for all relationships around the world. When we look at conflicts in Europe and in the Middle East, he said, it is incumbent upon democracies to hold the peace in Asia. He emphasized that is why it is important for them to bring a delegation of members of the Foreign Affairs Committee and the Armed Services Committee, adding that he believes for all of them it is their first trip to Taiwan.  Congressman Bera said that while this is a delegation of Democratic members of Congress, in a bipartisan way all of Congress continues to support the people of Taiwan. As such, in this visit he brings support from his co-chairs on the Taiwan caucus, Congressman Díaz-Balart and Congressman Andy Barr. He also took a moment to recognize the passing of Congressman Gerald Connolly, who was a longtime friend of Taiwan and one of their co-chairs on the caucus. Congressman Bera mentioned that there is always a special bond between himself and President Lai because they are both doctors, and as doctors, their profession is about healing, keeping the peace, and making sure everybody has a bright, prosperous future. In closing, he highlighted that it is in that spirit that their delegation visits with the president. The delegation also included members of the US Congress Gabe Amo, Wesley Bell, Julie Johnson, Sarah McBride, and Johnny Olszewski.

    Details
    2025-05-20
    President Lai interviewed by Nippon Television and Yomiuri TV
    In a recent interview on Nippon Television’s news zero program, President Lai Ching-te responded to questions from host Mr. Sakurai Sho and Yomiuri TV Shanghai Bureau Chief Watanabe Masayo on topics including reflections on his first year in office, cross-strait relations, China’s military threats, Taiwan-United States relations, and Taiwan-Japan relations. The interview was broadcast on the evening of May 19. During the interview, President Lai stated that China intends to change the world’s rules-based international order, and that if Taiwan were invaded, global supply chains would be disrupted. Therefore, he said, Taiwan will strengthen its national defense, prevent war by preparing for war, and achieve the goal of peace. The president also noted that Taiwan’s purpose for developing drones is based on national security and industrial needs, and that Taiwan hopes to collaborate with Japan. He then reiterated that China’s threats are an international problem, and expressed hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war. Following is the text of the questions and the president’s responses: Q: How do you feel as you are about to round out your first year in office? President Lai: When I was young, I was determined to practice medicine and save lives. When I left medicine to go into politics, I was determined to transform Taiwan. And when I was sworn in as president on May 20 last year, I was determined to strengthen the nation. Time flies, and it has already been a year. Although the process has been very challenging, I am deeply honored to be a part of it. I am also profoundly grateful to our citizens for allowing me the opportunity to give back to our country. The future will certainly be full of more challenges, but I will do everything I can to unite the people and continue strengthening the nation. That is how I am feeling now. Q: We are now coming up on the 80th anniversary of the end of World War II, and over this period, we have often heard that conflict between Taiwan and the mainland is imminent. Do you personally believe that a cross-strait conflict could happen? President Lai: The international community is very much aware that China intends to replace the US and change the world’s rules-based international order, and annexing Taiwan is just the first step. So, as China’s military power grows stronger, some members of the international community are naturally on edge about whether a cross-strait conflict will break out. The international community must certainly do everything in its power to avoid a conflict in the Taiwan Strait; there is too great a cost. Besides causing direct disasters to both Taiwan and China, the impact on the global economy would be even greater, with estimated losses of US$10 trillion from war alone – that is roughly 10 percent of the global GDP. Additionally, 20 percent of global shipping passes through the Taiwan Strait and surrounding waters, so if a conflict breaks out in the strait, other countries including Japan and Korea would suffer a grave impact. For Japan and Korea, a quarter of external transit passes through the Taiwan Strait and surrounding waters, and a third of the various energy resources and minerals shipped back from other countries pass through said areas. If Taiwan were invaded, global supply chains would be disrupted, and therefore conflict in the Taiwan Strait must be avoided. Such a conflict is indeed avoidable. I am very thankful to Prime Minister of Japan Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as US President Donald Trump and former President Joe Biden, and the other G7 leaders, for continuing to emphasize at international venues that peace and stability across the Taiwan Strait are essential components for global security and prosperity. When everyone in the global democratic community works together, stacking up enough strength to make China’s objectives unattainable or to make the cost of invading Taiwan too high for it to bear, a conflict in the strait can naturally be avoided. Q: As you said, President Lai, maintaining peace and stability across the Taiwan Strait is also very important for other countries. How can war be avoided? What sort of countermeasures is Taiwan prepared to take to prevent war? President Lai: As Mr. Sakurai mentioned earlier, we are coming up on the 80th anniversary of the end of WWII. There are many lessons we can take from that war. First is that peace is priceless, and war has no winners. From the tragedies of WWII, there are lessons that humanity should learn. We must pursue peace, and not start wars blindly, as that would be a major disaster for humanity. In other words, we must be determined to safeguard peace. The second lesson is that we cannot be complacent toward authoritarian powers. If you give them an inch, they will take a mile. They will keep growing, and eventually, not only will peace be unattainable, but war will be inevitable. The third lesson is why WWII ended: It ended because different groups joined together in solidarity. Taiwan, Japan, and the Indo-Pacific region are all directly subjected to China’s threats, so we hope to be able to join together in cooperation. This is why we proposed the Four Pillars of Peace action plan. First, we will strengthen our national defense. Second, we will strengthen economic resilience. Third is standing shoulder to shoulder with the democratic community to demonstrate the strength of deterrence. Fourth is that as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China, and seek peace and mutual prosperity. These four pillars can help us avoid war and achieve peace. That is to say, Taiwan hopes to achieve peace through strength, prevent war by preparing for war, keeping war from happening and pursuing the goal of peace. Q: Regarding drones, everyone knows that recently, Taiwan has been actively researching, developing, and introducing drones. Why do you need to actively research, develop, and introduce new drones at this time? President Lai: This is for two purposes. The first is to meet national security needs. The second is to meet industrial development needs. Because Taiwan, Japan, and the Philippines are all part of the first island chain, and we are all democratic nations, we cannot be like an authoritarian country like China, which has an unlimited national defense budget. In this kind of situation, island nations such as Taiwan, Japan, and the Philippines should leverage their own technologies to develop national defense methods that are asymmetric and utilize unmanned vehicles. In particular, from the Russo-Ukrainian War, we see that Ukraine has successfully utilized unmanned vehicles to protect itself and prevent Russia from unlimited invasion. In other words, the Russo-Ukrainian War has already proven the importance of drones. Therefore, the first purpose of developing drones is based on national security needs. Second, the world has already entered the era of smart technology. Whether generative, agentic, or physical, AI will continue to develop. In the future, cars and ships will also evolve into unmanned vehicles and unmanned boats, and there will be unmanned factories. Drones will even be able to assist with postal deliveries, or services like Uber, Uber Eats, and foodpanda, or agricultural irrigation and pesticide spraying. Therefore, in the future era of comprehensive smart technology, developing unmanned vehicles is a necessity. Taiwan, based on industrial needs, is actively planning the development of drones and unmanned vehicles. I would like to take this opportunity to express Taiwan’s hope to collaborate with Japan in the unmanned vehicle industry. Just as we do in the semiconductor industry, where Japan has raw materials, equipment, and technology, and Taiwan has wafer manufacturing, our two countries can cooperate. Japan is a technological power, and Taiwan also has significant technological strengths. If Taiwan and Japan work together, we will not only be able to safeguard peace and stability in the Taiwan Strait and security in the Indo-Pacific region, but it will also be very helpful for the industrial development of both countries. Q: The drones you just described probably include examples from the Russo-Ukrainian War. Taiwan and China are separated by the Taiwan Strait. Do our drones need to have cross-sea flight capabilities? President Lai: Taiwan does not intend to counterattack the mainland, and does not intend to invade any country. Taiwan’s drones are meant to protect our own nation and territory. Q: Former President Biden previously stated that US forces would assist Taiwan’s defense in the event of an attack. President Trump, however, has yet to clearly state that the US would help defend Taiwan. Do you think that in such an event, the US would help defend Taiwan? Or is Taiwan now trying to persuade the US? President Lai: Former President Biden and President Trump have answered questions from reporters. Although their responses were different, strong cooperation with Taiwan under the Biden administration has continued under the Trump administration; there has been no change. During President Trump’s first term, cooperation with Taiwan was broader and deeper compared to former President Barack Obama’s terms. After former President Biden took office, cooperation with Taiwan increased compared to President Trump’s first term. Now, during President Trump’s second term, cooperation with Taiwan is even greater than under former President Biden. Taiwan-US cooperation continues to grow stronger, and has not changed just because President Trump and former President Biden gave different responses to reporters. Furthermore, the Trump administration publicly stated that in the future, the US will shift its strategic focus from Europe to the Indo-Pacific. The US secretary of defense even publicly stated that the primary mission of the US is to prevent China from invading Taiwan, maintain stability in the Indo-Pacific, and thus maintain world peace. There is a saying in Taiwan that goes, “Help comes most to those who help themselves.” Before asking friends and allies for assistance in facing threats from China, Taiwan must first be determined and prepared to defend itself. This is Taiwan’s principle, and we are working in this direction, making all the necessary preparations to safeguard the nation. Q: I would like to ask you a question about Taiwan-Japan relations. After the Great East Japan Earthquake in 2011, you made an appeal to give Japan a great deal of assistance and care. In particular, you visited Sendai to offer condolences. Later, you also expressed condolences and concern after the earthquakes in Aomori and Kumamoto. What are your expectations for future Taiwan-Japan exchanges and development? President Lai: I come from Tainan, and my constituency is in Tainan. Tainan has very deep ties with Japan, and of course, Taiwan also has deep ties with Japan. However, among Taiwan’s 22 counties and cities, Tainan has the deepest relationship with Japan. I sincerely hope that both of you and your teams will have an opportunity to visit Tainan. I will introduce Tainan’s scenery, including architecture from the era of Japanese rule, Tainan’s cuisine, and unique aspects of Tainan society, and you can also see lifestyles and culture from the Showa era.  The Wushantou Reservoir in Tainan was completed by engineer Mr. Hatta Yoichi from Kanazawa, Japan and the team he led to Tainan after he graduated from then-Tokyo Imperial University. It has nearly a century of history and is still in use today. This reservoir, along with the 16,000-km-long Chianan Canal, transformed the 150,000-hectare Chianan Plain into Taiwan’s premier rice-growing area. It was that foundation in agriculture that enabled Taiwan to develop industry and the technology sector of today. The reservoir continues to supply water to Tainan Science Park. It is used by residents of Tainan, the agricultural sector, and industry, and even the technology sector in Xinshi Industrial Park, as well as Taiwan Semiconductor Manufacturing Company. Because of this, the people of Tainan are deeply grateful for Mr. Hatta and very friendly toward the people of Japan. A major earthquake, the largest in 50 years, struck Tainan on February 6, 2016, resulting in significant casualties. As mayor of Tainan at the time, I was extremely grateful to then-Prime Minister Abe, who sent five Japanese officials to the disaster site in Tainan the day after the earthquake. They were very thoughtful and asked what kind of assistance we needed from the Japanese government. They offered to provide help based on what we needed. I was deeply moved, as former Prime Minister Abe showed such care, going beyond the formality of just sending supplies that we may or may not have actually needed. Instead, the officials asked what we needed and then provided assistance based on those needs, which really moved me. Similarly, when the Great East Japan Earthquake of 2011 or the later Kumamoto earthquakes struck, the people of Tainan, under my leadership, naturally and dutifully expressed their support. Even earlier, when central Taiwan was hit by a major earthquake in 1999, Japan was the first country to deploy a rescue team to the disaster area. On February 6, 2018, after a major earthquake in Hualien, former Prime Minister Abe appeared in a video holding up a message of encouragement he had written in calligraphy saying “Remain strong, Taiwan.” All of Taiwan was deeply moved. Over the years, Taiwan and Japan have supported each other when earthquakes struck, and have forged bonds that are family-like, not just neighborly. This is truly valuable. In the future, I hope Taiwan and Japan can be like brothers, and that the peoples of Taiwan and Japan can treat one another like family. If Taiwan has a problem, then Japan has a problem; if Japan has a problem, then Taiwan has a problem. By caring for and helping each other, we can face various challenges and difficulties, and pursue a brighter future. Q: President Lai, you just used the phrase “If Taiwan has a problem, then Japan has a problem.” In the event that China attempts to invade Taiwan by force, what kind of response measures would you hope the US military and Japan’s Self-Defense Forces take? President Lai: As I just mentioned, annexing Taiwan is only China’s first step. Its ultimate objective is to change the rules-based international order. That being the case, China’s threats are an international problem. So, I would very much hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war – prevention, after all, is more important than cure.

    MIL OSI Asia Pacific News

  • MIL-OSI: Capital World Investors Acquires Common Shares of MEG Energy Corp.

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, July 08, 2025 (GLOBE NEWSWIRE) — Capital World Investors (“CWI”) announces that on July 8, 2025 it acquired an aggregate of 338,554 common shares (the “Purchased Shares”) of MEG Energy Corp. (“MEG”) through the facilities of the Toronto Stock Exchange. Immediately following the acquisition of the Purchased Shares, CWI had control or direction over an aggregate of 22,281,631 common shares of MEG representing 8.75% of the 254,378,035 MEG common shares then outstanding.

    CWI has not acquired any MEG securities other than the Purchased Shares since the commencement by Strathcona Resources Ltd. of a takeover bid for MEG.

    The Purchased Shares were acquired in the ordinary course of CWI’s investment management business. CWI may, in the future and from time to time, acquire or dispose of MEG securities depending on market conditions, subsequent developments affecting MEG or its business, general market and economic conditions and/or other relevant factors.

    This press release is disseminated in accordance with section 5.4 of National Instrument 62-104 Take-Over Bids and Issuer Bids.

    For further information contact:
    Torrence Frame
    (213) 486-9200
    Email GRGroup@capgroup.com

    The MIL Network

  • MIL-OSI USA: Durbin Expresses Condolences For The Lives Lost And Those Impacted By The Flooding In Central Texas

    US Senate News:

    Source: United States Senator for Illinois Dick Durbin

    July 08, 2025

    WASHINGTON  In a speech on the Senate floor, U.S. Senate Democratic Whip Dick Durbin (D-IL) today shared his condolences for the lives lost and those impacted by the flash floods that devastated Central Texas this past weekend and thanked the first responders and volunteers who have worked around the clock to save lives.

    “I know I speak for millions of Americans when I say we are heartbroken over the flash floods that devastated Central Texas this past weekend. Early Friday morning, while most were fast asleep, a foot of rain fell onto Texas Hill Country. This deluge flowed into the Guadalupe River, causing it to rise by 26 feet in 45 minutes,” Durbin said. “Near the Guadalupe, a girl’s sleepaway camp, Camp Mystic, which had been there for 99 years, was all but destroyed by the floods. Already, Camp Mystic has confirmed that 27 of their campers and counselors died in that flood. I send my deepest condolences to the families and loved ones of those campers and counselors.”

    Durbin continued, “Tragically, the flooding in Texas continues to take lives. More than 100 people have perished, and that number is expected to grow, sadly, in the coming days. In the midst of this disaster, I am heartened by the kindness and courage shown by the first responders and volunteers. Twenty separate agencies, at every level of government, have come together to help save lives. At Camp Mystic, counselors, many of whom had just graduated from high school, risked their own lives to save younger campers. We will never forget their bravery.”

    Durbin concluded, “This disaster has impacted people of both political [parties]— Republicans and Democrats and Independents as well… I would hope that the Senate and the House would stand together, Democrats and Republicans, and say we’re going to be there for the victims of this disaster. I pray that we find the missing loved ones and that we take the necessary steps to stop another tragedy like this from occurring.”

    Video of Durbin’s remarks on the Senate floor is available here.

    Audio of Durbin’s remarks on the Senate floor is available here.

    Footage of Durbin’s remarks on the Senate floor is available here for TV Stations.

    -30-

    MIL OSI USA News

  • MIL-OSI USA: Durbin Slams Republicans’ So-Called “One Big, Beautiful Bill” Which Slashes Health Care Coverage For 17 Million Americans To Provide Massive Tax Breaks For Billionaires

    US Senate News:

    Source: United States Senator for Illinois Dick Durbin

    July 08, 2025

    Durbin voted against final passage of the bill last week

    WASHINGTON – In a speech on the Senate floor, U.S. Senate Democratic Whip Dick Durbin (D-IL) today slammed the Republicans’ so-called One Big Beautiful Bill Act, which will slash Medicaid, Affordable Care Act, and Medicare coverage for 17 million Americans to provide massive tax breaks for millionaires and billionaires. During his speech, Durbin underscored the dangers of this Republican bill, which was signed into law by President Trump on the Fourth of July.

    “Americans across this nation overwhelmingly opposed this bill—and for good reason. This bill signed by the President on the Fourth of July was the largest cut to health care and the largest cut to nutrition assistance in history, slashing more than $1 trillion from health care programs like Medicaid and $200 billion from SNAP. Seventeen million Americans will lose their health insurance, health insurance premiums will rise for another 20 million families, and three million people will have food taken off the table, including kids, seniors, and veterans… Why would the government do these things to so many innocent people? In this case, very simply, to give tax breaks to the wealthiest Americans and big corporations with the richest Americans seeing $400,000 back in their pockets every year because of this legislation,” said Durbin.

    More than 300 rural hospitals may be forced to close because the Republican bill cripples the Medicaid program that keep our rural hospitals and their communities afloat. Illinois hospitals at risk of closing includes HSHS St. Francis Hospital in Litchfield, Illinois, where Medicaid pays for 53 percent of hospitalizations; St. Mary’s Hospital in Centralia, Illinois, where Medicaid pays for 42 percent of hospitalizations; and OSF St. Clare Hospital in Princeton, Illinois, where Medicaid covers 45 percent of hospitalizations.

    Durbin continued, “Aside from hospitals, this bill will also have major consequences on American energy… This bill kills solar, wind, and EV tax credits enjoyed by companies and consumers alike, all but ceding the future of electricity to China and risking billions of dollars of investments in renewable energy, ironically mostly in Republican states. And while working families grapple with the consequences of these cuts, they’ll also see their family home expenses increase by $1,000 a year—utility bills are going up because of this bill.”

    During his floor speech, Durbin highlighted a constituent, Isaiah Rogers, who will be impacted by the Republican bill. Isaiah is a 61-year-old man who was diagnosed with Type 2 diabetes. As a result of his diagnosis, he has not been able to return to his job trimming trees and has been working small side jobs. Medicaid pays for Isaiah’s doctors’ visits and insulin. A single father without a high school degree, he’s concerned the bill’s cuts and changes to Medicaid will result in him losing his health coverage.

    Durbin continued, “And if Isaiah loses Medicaid, he’ll no longer be able to afford his insulin and other medications, and he may face a diabetic complication or even suffer a stroke. What would that mean for his 12-year-old son? It’s unconscionable to think the other party would pull-the-plug on life-saving health coverage and deny food from our most needy children—but that’s exactly what they voted for.”

    Durbin then highlighted Democrats’ efforts to push back on the bill. Over the course of 27 hours, Senate Democrats forced votes on a slew of amendments to put Republicans on-notice and show their constituents how they’re betraying them. It was the longest vote-a-rama in Senate history.

    “It [the amendments] included Republicans voting against: Nursing home care and home health aides, food assistance for children and veterans, protections for Medicaid, clean energy jobs… and an expansion of the Child Tax Credit… all to give billionaires another tax cut instead. In the end, three sensible Senate Republicans looked at this ugly betrayal of a bill and agreed that they couldn’t be part of the process. I commend them, but sadly, it wasn’t enough. And who swooped in to cast the decisive vote? Vice President Vance… This Vice President cast the deciding vote that will be painful for so many families across America.”

    Durbin concluded, “As the effects of this bill take shape and slither their way through our communities, my Republican colleagues will have to look their constituents in the eye and explain their votes. They will have to explain to the farmer who now must drive 50 miles to the nearest hospital why they voted to shut his community’s hospital doors. They will have to explain to the grandmother in a nursing home why her care is being slimmed down because of cuts to Medicaid, and they will have to explain to the young mother who is preparing to have a baby why there is no longer a maternity ward in her county. This bill flies in the face of American values that we celebrate on the Fourth of July. The other party has a lot of explaining to do and the American people are going to face the consequences.”

    The Joint Committee on Taxation estimates that Senate Republicans’ proposal will cost $4.45 trillion, but despite the price tag, the legislation primarily helps billionaires at the expense of American working families. In fact, this legislation provides a huge, permanent tax cut of nearly $350,000 for multimillionaires and billionaires while people earning $40,000 a year will see a comparatively meager average tax decrease of $442 per year.

    Video of Durbin’s remarks on the Senate floor is available here.

    Audio of Durbin’s remarks on the Senate floor is available here.

    Footage of Durbin’s remarks on the Senate floor is available here for TV Stations.

    -30-

    MIL OSI USA News

  • MIL-Evening Report: ER Report: A Roundup of Significant Articles on EveningReport.nz for July 9, 2025

    ER Report: Here is a summary of significant articles published on EveningReport.nz on July 9, 2025.

    Teeth record the hidden history of your childhood climate and diet
    Source: The Conversation (Au and NZ) – By Tanya M. Smith, Professor in the Australian Research Centre for Human Evolution & Griffith Centre for Social and Cultural Research, Griffith University Douglas Sacha / Getty Images The climate we live in affects our lives in profound ways: hot summers, cold winters, dry spells and wet weather

    Netflix’s Shark Whisperer wants us to think ‘sexy conservation’ is the way to save sharks – does it have a point?
    Source: The Conversation (Au and NZ) – By Susan Hopkins, Senior Lecturer in Education (Curriculum and Pedagogy), University of the Sunshine Coast Netflix In the new Netflix documentary Shark Whisperer, the great white shark gets an image makeover – from Jaws villain to misunderstood friend and admirer. But the star of the documentary is not

    How do coronial inquests work? Here’s what they can and can’t do
    Source: The Conversation (Au and NZ) – By Marc Trabsky, Associate Professor of Law, Monash University Northern Territory Coroner Elizabeth Armitage’s inquest findings into the death of Kumanjayi Walker have sparked conversations across Australia. The coroner found the NT police officer who shot Walker, Zachary Rolfe, was “racist”, and she couldn’t exclude the possibility that

    Greek and Roman nymphs weren’t just sexy nature spirits. They had other important jobs too
    Source: The Conversation (Au and NZ) – By Kitty Smith, PhD Candidate in Classical Greek and Roman History, University of Sydney Acteon, having accidentally seen the goddess Diana and her nymphs bathing, begins to change into a stag. Metropolitan Museum of Art, Gift of Mrs. George S. Amory, Object Number: 64.208. Could you ever be

    American science is in crisis. It’s a great opportunity for Australia to snap up top scientists
    Source: The Conversation (Au and NZ) – By Kylie Walker, Visiting Fellow, National Centre for the Public Awareness of Science, Australian National University Stellalevi / Getty Images Science in the United States in in trouble. The National Science Foundation, a key research funding agency, has suffered devastating funding cuts under the current administration. Critics say

    Some young people sexually abuse. Here’s how to reduce reoffending by up to 90%
    Source: The Conversation (Au and NZ) – By Jesse Cale, Associate Professor of Criminology, Deputy Director Research (Griffith Youth Forensic Service), Griffith University When we think about who’s responsible for sexual abuse in Australia, we usually picture adults. But young people are responsible for a substantial proportion of sexual offences nationwide. Up to a third

    XFG could become the next dominant COVID variant. Here’s what to know about ‘Stratus’
    Source: The Conversation (Au and NZ) – By Paul Griffin, Professor, Infectious Diseases and Microbiology, The University of Queensland visualspace/Getty Images Given the number of times this has happened already, it should come as little surprise that we’re now faced with yet another new subvariant of SARS-CoV-2, the virus responsible for COVID. This new subvariant

    Can a pizza box go in the yellow bin – or not? An expert answers this and other messy recycling questions
    Source: The Conversation (Au and NZ) – By Pooria Pasbakhsh, Research Fellow in Polymer Upcycling, The University of Melbourne ViDCan/Shutterstock Have you ever gone to toss something into the recycling bin – a jam jar, a pizza box, a takeaway container encrusted with yesterday’s lunch – and wondered if you’re doing it right? Perhaps you

    AI is driving down the price of knowledge – universities have to rethink what they offer
    Source: The Conversation (Au and NZ) – By Patrick Dodd, Professional Teaching Fellow, Business School, University of Auckland, Waipapa Taumata Rau For a long time, universities worked off a simple idea: knowledge was scarce. You paid for tuition, showed up to lectures, completed assignments and eventually earned a credential. That process did two things: it

    Academic slams NZ government over ‘compromised’ foreign policy
    Asia Pacific Report A prominent academic has criticised the New Zealand coalition government for compromising the country’s traditional commitment to upholding an international rules-based order due to a “desire not to offend” the Trump administration. Professor Robert Patman, an inaugural sesquicentennial distinguished chair and a specialist in international relations at the University of Otago, has

    Interest rates are on hold at 3.85%, as the Reserve Bank opts for caution over mortgage relief
    Source: The Conversation (Au and NZ) – By Stella Huangfu, Associate Professor, School of Economics, University of Sydney Thurtell/Getty Images The Reserve Bank of Australia has kept the cash rate at 3.85%, after cutting it in February and May. Those earlier moves were aimed at supporting the economy as growth slowed and inflation eased. This

    The US has high hopes for a new Gaza ceasefire, but Israel’s long-term aims seem far less peaceful
    Source: The Conversation (Au and NZ) – By Ali Mamouri, Research Fellow, Middle East Studies, Deakin University US President Donald Trump has hosted Israeli Prime Minister Benjamin Netanyahu for dinner at the White House, where he has declared talks to end the war in Gaza are “going along very well”. In turn, Netanyahu revealed he

    What makes a good AI prompt? Here are 4 expert tips
    Source: The Conversation (Au and NZ) – By Sandra Peter, Director of Sydney Executive Plus, Business School, University of Sydney FOTOSPLASH/Shutterstock “And do you work well with AI?” As tools such as ChatGPT, Copilot and other generative artificial intelligence (AI) systems become part of everyday workflows, more companies are looking for employees who can answer

    Saying goodbye is never easy: why we mourn the end of our favourite TV series
    Source: The Conversation (Au and NZ) – By Adam Gerace, Senior Lecturer and Head of Course – Positive Psychology, CQUniversity Australia Netflix Has the ending of Squid Game left you feeling downhearted? The South Korean megahit struck a nerve with audiences worldwide, with millions logging in to Netflix to follow protagonist Seong Gi-hun and fellow

    Are chemicals to blame for cancer in young people? Here’s what the evidence says
    Source: The Conversation (Au and NZ) – By Sarah Diepstraten, Senior Research Officer, Blood Cells and Blood Cancer Division, WEHI (Walter and Eliza Hall Institute of Medical Research) Cancer is traditionally known as a disease affecting mostly older people. But some worrying trends show cancer rates in younger people aged under 50 are on the

    ER Report: A Roundup of Significant Articles on EveningReport.nz for July 8, 2025
    ER Report: Here is a summary of significant articles published on EveningReport.nz on July 8, 2025.

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: ER Report: A Roundup of Significant Articles on EveningReport.nz for July 9, 2025

    ER Report: Here is a summary of significant articles published on EveningReport.nz on July 9, 2025.

    Teeth record the hidden history of your childhood climate and diet
    Source: The Conversation (Au and NZ) – By Tanya M. Smith, Professor in the Australian Research Centre for Human Evolution & Griffith Centre for Social and Cultural Research, Griffith University Douglas Sacha / Getty Images The climate we live in affects our lives in profound ways: hot summers, cold winters, dry spells and wet weather

    Netflix’s Shark Whisperer wants us to think ‘sexy conservation’ is the way to save sharks – does it have a point?
    Source: The Conversation (Au and NZ) – By Susan Hopkins, Senior Lecturer in Education (Curriculum and Pedagogy), University of the Sunshine Coast Netflix In the new Netflix documentary Shark Whisperer, the great white shark gets an image makeover – from Jaws villain to misunderstood friend and admirer. But the star of the documentary is not

    How do coronial inquests work? Here’s what they can and can’t do
    Source: The Conversation (Au and NZ) – By Marc Trabsky, Associate Professor of Law, Monash University Northern Territory Coroner Elizabeth Armitage’s inquest findings into the death of Kumanjayi Walker have sparked conversations across Australia. The coroner found the NT police officer who shot Walker, Zachary Rolfe, was “racist”, and she couldn’t exclude the possibility that

    Greek and Roman nymphs weren’t just sexy nature spirits. They had other important jobs too
    Source: The Conversation (Au and NZ) – By Kitty Smith, PhD Candidate in Classical Greek and Roman History, University of Sydney Acteon, having accidentally seen the goddess Diana and her nymphs bathing, begins to change into a stag. Metropolitan Museum of Art, Gift of Mrs. George S. Amory, Object Number: 64.208. Could you ever be

    American science is in crisis. It’s a great opportunity for Australia to snap up top scientists
    Source: The Conversation (Au and NZ) – By Kylie Walker, Visiting Fellow, National Centre for the Public Awareness of Science, Australian National University Stellalevi / Getty Images Science in the United States in in trouble. The National Science Foundation, a key research funding agency, has suffered devastating funding cuts under the current administration. Critics say

    Some young people sexually abuse. Here’s how to reduce reoffending by up to 90%
    Source: The Conversation (Au and NZ) – By Jesse Cale, Associate Professor of Criminology, Deputy Director Research (Griffith Youth Forensic Service), Griffith University When we think about who’s responsible for sexual abuse in Australia, we usually picture adults. But young people are responsible for a substantial proportion of sexual offences nationwide. Up to a third

    XFG could become the next dominant COVID variant. Here’s what to know about ‘Stratus’
    Source: The Conversation (Au and NZ) – By Paul Griffin, Professor, Infectious Diseases and Microbiology, The University of Queensland visualspace/Getty Images Given the number of times this has happened already, it should come as little surprise that we’re now faced with yet another new subvariant of SARS-CoV-2, the virus responsible for COVID. This new subvariant

    Can a pizza box go in the yellow bin – or not? An expert answers this and other messy recycling questions
    Source: The Conversation (Au and NZ) – By Pooria Pasbakhsh, Research Fellow in Polymer Upcycling, The University of Melbourne ViDCan/Shutterstock Have you ever gone to toss something into the recycling bin – a jam jar, a pizza box, a takeaway container encrusted with yesterday’s lunch – and wondered if you’re doing it right? Perhaps you

    AI is driving down the price of knowledge – universities have to rethink what they offer
    Source: The Conversation (Au and NZ) – By Patrick Dodd, Professional Teaching Fellow, Business School, University of Auckland, Waipapa Taumata Rau For a long time, universities worked off a simple idea: knowledge was scarce. You paid for tuition, showed up to lectures, completed assignments and eventually earned a credential. That process did two things: it

    Academic slams NZ government over ‘compromised’ foreign policy
    Asia Pacific Report A prominent academic has criticised the New Zealand coalition government for compromising the country’s traditional commitment to upholding an international rules-based order due to a “desire not to offend” the Trump administration. Professor Robert Patman, an inaugural sesquicentennial distinguished chair and a specialist in international relations at the University of Otago, has

    Interest rates are on hold at 3.85%, as the Reserve Bank opts for caution over mortgage relief
    Source: The Conversation (Au and NZ) – By Stella Huangfu, Associate Professor, School of Economics, University of Sydney Thurtell/Getty Images The Reserve Bank of Australia has kept the cash rate at 3.85%, after cutting it in February and May. Those earlier moves were aimed at supporting the economy as growth slowed and inflation eased. This

    The US has high hopes for a new Gaza ceasefire, but Israel’s long-term aims seem far less peaceful
    Source: The Conversation (Au and NZ) – By Ali Mamouri, Research Fellow, Middle East Studies, Deakin University US President Donald Trump has hosted Israeli Prime Minister Benjamin Netanyahu for dinner at the White House, where he has declared talks to end the war in Gaza are “going along very well”. In turn, Netanyahu revealed he

    What makes a good AI prompt? Here are 4 expert tips
    Source: The Conversation (Au and NZ) – By Sandra Peter, Director of Sydney Executive Plus, Business School, University of Sydney FOTOSPLASH/Shutterstock “And do you work well with AI?” As tools such as ChatGPT, Copilot and other generative artificial intelligence (AI) systems become part of everyday workflows, more companies are looking for employees who can answer

    Saying goodbye is never easy: why we mourn the end of our favourite TV series
    Source: The Conversation (Au and NZ) – By Adam Gerace, Senior Lecturer and Head of Course – Positive Psychology, CQUniversity Australia Netflix Has the ending of Squid Game left you feeling downhearted? The South Korean megahit struck a nerve with audiences worldwide, with millions logging in to Netflix to follow protagonist Seong Gi-hun and fellow

    Are chemicals to blame for cancer in young people? Here’s what the evidence says
    Source: The Conversation (Au and NZ) – By Sarah Diepstraten, Senior Research Officer, Blood Cells and Blood Cancer Division, WEHI (Walter and Eliza Hall Institute of Medical Research) Cancer is traditionally known as a disease affecting mostly older people. But some worrying trends show cancer rates in younger people aged under 50 are on the

    ER Report: A Roundup of Significant Articles on EveningReport.nz for July 8, 2025
    ER Report: Here is a summary of significant articles published on EveningReport.nz on July 8, 2025.

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Netflix’s Shark Whisperer wants us to think ‘sexy conservation’ is the way to save sharks – does it have a point?

    Source: The Conversation (Au and NZ) – By Susan Hopkins, Senior Lecturer in Education (Curriculum and Pedagogy), University of the Sunshine Coast

    Netflix

    In the new Netflix documentary Shark Whisperer, the great white shark gets an image makeover – from Jaws villain to misunderstood friend and admirer.

    But the star of the documentary is not so much the shark, but the model and marine conservationist Ocean Ramsey (yes, that’s her real name).

    The film centres on Ramsey’s self-growth journey, with the shark co-starring as a quasi-spiritual medium for finding meaning and purpose (not to mention celebrity status).

    The film, and some in it, are happy to attribute Ramsey’s success as a shark conservation activist to how driven and photogenic she is. Ramsey says “People look first and listen second. I’ll use my appearance, I’ll put myself out there for a cause.”

    Her husband, the photographer Juan Oliphant, enthuses she is good for sharks partly because she is so beautiful and uses all the attention she attracts in the selfless service of sharks.

    The image of the long-haired, long-limbed young woman in a bikini swimming above an outsized great white shark is not a new one.

    Primal fears and fantasies

    Since Jaws (1975), generations have been fascinated and titillated by filmic images and promotional materials of bikini-clad young women juxtaposed with dangerous sharks.

    The heroine of Deep Blue Sea (1999) is a neuroscientist – however the film and its promotional materials still require her to appear in a wet t-shirt and underwear while pursued by a massive shark monster.

    The poster for 1999’s Deep Blue Sea.
    IMDB

    The Shallows (2016) presents countless images of its bikini-clad heroine, with partially exposed bottom and long legs marked by bite marks as a kind of meat to be consumed – not least by the voyeuristic lens of the camera.

    The poster for 47 Meters Down: Uncaged (2019) features a bikini-clad young woman with legs dangling precariously in front of the gaping jaws of an unnaturally large great white.

    I have previously explored the psychosexual symbolism of these films and images. These films were never really about actual sharks. They are about very human fears and fantasies about being exposed and vulnerable.

    Whisperer and the Ocean Ramsey website tap into the collective fascination with dangerous sharks fuelled by popular culture. Many online images show Ramsey in a bikini or touching sharks – she’s small, and vulnerable in the face of great whites. As with forms of celebrity humanitarianism, what I have dubbed “sexy conservationism” leaves itself open to criticism about its methods – even if its intentions are good.

    The paradox of Shark Whisperer – and indeed the whole Ocean Ramsey empire – is it both resists and relies on Jaws mythology and iconography to surf the image economy of new media.

    Saving, not stalking

    Ramsey and Oliphant are on a mission not just to save individual sharks, but to change the public perception of great whites to a more positive one.

    This mission is reiterated in Shark Whisperer and in the Saving Jaws documentary linked to the website, which also promotes a book, accessories and shark-diving tours.

    Shark Whisperer both resists and relies on the mythical status of the shark brought to us by Jaws.
    Netflix

    It is reassuring to know proceeds from the bikini you buy from the official website are donated to shark conservation. But the (often sexualised) media attention which fuels the whole enterprise still depends on tapping into the legacy of popular culture representations of great whites as fearsome monsters.

    In footage, Ramsey seems to spend most of her time with smaller tiger sharks, yet her website and the Shark Whisperer film foreground her rare close encounters with an “enormous” or “massive” great white as the climax and cover shot.

    Shark Whisperer also includes the kind of “money shots” we have come to expect: images of a large great white tearing at flesh (here, a whale carcass) with blood in the water. Images like these arouse our collective cultural memory of the filmic great white as the ultimate bestial predator.

    In its climactic scene, Whisperer strategically deploys eerie music to build the suspense and foretell the appearance of the enormous great white which rises from the depths. Again echoes of Jaws are used to stimulate viewing pleasures and sell the mixed messages of sexy shark conservation.

    A story of (personal) growth

    The self-growth narrative which underpins Whisperer will feel familiar to shark film fans. Jaws was always about overcoming fears and past traumas, as in the scene where Quint and Brody compare their real and metaphorical scars.

    The poster for the 2022 film Shark Bait.
    IMDB

    Over the past decade, a new generation of post-feminist shark films have used sharks as metaphorical stalkers to tell stories about women overcoming past trauma, grief, “inner darkness” or depression.

    In The Reef: Stalked (2022) the heroine must overcome the murder of her sister. In Shark Bait (2022) the heroine must rise above a cheating partner. In The Shallows, the heroine is processing grief.

    Whisperer also leans into the idea of Ramsey fighting inner demons on a journey to self-actualisation.

    And while Ramsey has undoubtedly raised the profile of shark conservation, as a model-designer-conservationist-entrepreneur she has also disseminated another more dubious message: that the way to enact influence and activism is through instagrammable images of beautiful models in high risk situations.

    Happy endings

    The end credits of Whisperer are a montage of happy endings: Ramsey frolics with sharks and shows off her diamond ring. There is even an ocean-themed wedding scene.

    Yet beneath all the glossy surface lies a sombre reality: globally at least 80 million sharks are killed every year.

    The Ramsey website and the film rightly remind us of this. They also remind us that, thanks in part to the hashtag activism of Ocean Ramsey and her millions of fans and followers, Hawaii was the first state in the United States to outlaw shark fishing.

    So, Ramsey may be right to argue her ends justify the means.

    Susan Hopkins does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Netflix’s Shark Whisperer wants us to think ‘sexy conservation’ is the way to save sharks – does it have a point? – https://theconversation.com/netflixs-shark-whisperer-wants-us-to-think-sexy-conservation-is-the-way-to-save-sharks-does-it-have-a-point-260290

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Analysis: Netflix’s Shark Whisperer wants us to think ‘sexy conservation’ is the way to save sharks – does it have a point?

    Source: The Conversation – Global Perspectives – By Susan Hopkins, Senior Lecturer in Education (Curriculum and Pedagogy), University of the Sunshine Coast

    Netflix

    In the new Netflix documentary Shark Whisperer, the great white shark gets an image makeover – from Jaws villain to misunderstood friend and admirer.

    But the star of the documentary is not so much the shark, but the model and marine conservationist Ocean Ramsey (yes, that’s her real name).

    The film centres on Ramsey’s self-growth journey, with the shark co-starring as a quasi-spiritual medium for finding meaning and purpose (not to mention celebrity status).

    The film, and some in it, are happy to attribute Ramsey’s success as a shark conservation activist to how driven and photogenic she is. Ramsey says “People look first and listen second. I’ll use my appearance, I’ll put myself out there for a cause.”

    Her husband, the photographer Juan Oliphant, enthuses she is good for sharks partly because she is so beautiful and uses all the attention she attracts in the selfless service of sharks.

    The image of the long-haired, long-limbed young woman in a bikini swimming above an outsized great white shark is not a new one.

    Primal fears and fantasies

    Since Jaws (1975), generations have been fascinated and titillated by filmic images and promotional materials of bikini-clad young women juxtaposed with dangerous sharks.

    The heroine of Deep Blue Sea (1999) is a neuroscientist – however the film and its promotional materials still require her to appear in a wet t-shirt and underwear while pursued by a massive shark monster.

    The poster for 1999’s Deep Blue Sea.
    IMDB

    The Shallows (2016) presents countless images of its bikini-clad heroine, with partially exposed bottom and long legs marked by bite marks as a kind of meat to be consumed – not least by the voyeuristic lens of the camera.

    The poster for 47 Meters Down: Uncaged (2019) features a bikini-clad young woman with legs dangling precariously in front of the gaping jaws of an unnaturally large great white.

    I have previously explored the psychosexual symbolism of these films and images. These films were never really about actual sharks. They are about very human fears and fantasies about being exposed and vulnerable.

    Whisperer and the Ocean Ramsey website tap into the collective fascination with dangerous sharks fuelled by popular culture. Many online images show Ramsey in a bikini or touching sharks – she’s small, and vulnerable in the face of great whites. As with forms of celebrity humanitarianism, what I have dubbed “sexy conservationism” leaves itself open to criticism about its methods – even if its intentions are good.

    The paradox of Shark Whisperer – and indeed the whole Ocean Ramsey empire – is it both resists and relies on Jaws mythology and iconography to surf the image economy of new media.

    Saving, not stalking

    Ramsey and Oliphant are on a mission not just to save individual sharks, but to change the public perception of great whites to a more positive one.

    This mission is reiterated in Shark Whisperer and in the Saving Jaws documentary linked to the website, which also promotes a book, accessories and shark-diving tours.

    Shark Whisperer both resists and relies on the mythical status of the shark brought to us by Jaws.
    Netflix

    It is reassuring to know proceeds from the bikini you buy from the official website are donated to shark conservation. But the (often sexualised) media attention which fuels the whole enterprise still depends on tapping into the legacy of popular culture representations of great whites as fearsome monsters.

    In footage, Ramsey seems to spend most of her time with smaller tiger sharks, yet her website and the Shark Whisperer film foreground her rare close encounters with an “enormous” or “massive” great white as the climax and cover shot.

    Shark Whisperer also includes the kind of “money shots” we have come to expect: images of a large great white tearing at flesh (here, a whale carcass) with blood in the water. Images like these arouse our collective cultural memory of the filmic great white as the ultimate bestial predator.

    In its climactic scene, Whisperer strategically deploys eerie music to build the suspense and foretell the appearance of the enormous great white which rises from the depths. Again echoes of Jaws are used to stimulate viewing pleasures and sell the mixed messages of sexy shark conservation.

    A story of (personal) growth

    The self-growth narrative which underpins Whisperer will feel familiar to shark film fans. Jaws was always about overcoming fears and past traumas, as in the scene where Quint and Brody compare their real and metaphorical scars.

    The poster for the 2022 film Shark Bait.
    IMDB

    Over the past decade, a new generation of post-feminist shark films have used sharks as metaphorical stalkers to tell stories about women overcoming past trauma, grief, “inner darkness” or depression.

    In The Reef: Stalked (2022) the heroine must overcome the murder of her sister. In Shark Bait (2022) the heroine must rise above a cheating partner. In The Shallows, the heroine is processing grief.

    Whisperer also leans into the idea of Ramsey fighting inner demons on a journey to self-actualisation.

    And while Ramsey has undoubtedly raised the profile of shark conservation, as a model-designer-conservationist-entrepreneur she has also disseminated another more dubious message: that the way to enact influence and activism is through instagrammable images of beautiful models in high risk situations.

    Happy endings

    The end credits of Whisperer are a montage of happy endings: Ramsey frolics with sharks and shows off her diamond ring. There is even an ocean-themed wedding scene.

    Yet beneath all the glossy surface lies a sombre reality: globally at least 80 million sharks are killed every year.

    The Ramsey website and the film rightly remind us of this. They also remind us that, thanks in part to the hashtag activism of Ocean Ramsey and her millions of fans and followers, Hawaii was the first state in the United States to outlaw shark fishing.

    So, Ramsey may be right to argue her ends justify the means.

    Susan Hopkins does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Netflix’s Shark Whisperer wants us to think ‘sexy conservation’ is the way to save sharks – does it have a point? – https://theconversation.com/netflixs-shark-whisperer-wants-us-to-think-sexy-conservation-is-the-way-to-save-sharks-does-it-have-a-point-260290

    MIL OSI Analysis

  • MIL-OSI Russia: Family is the main value: Tatyana Golikova and Sergey Kirienko launched the All-Russian wedding festival

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    On July 8, the Day of Family, Love and Fidelity, the II All-Russian Wedding Festival “Russia. Connecting Hearts” started at the National Center “Russia”. As part of the opening of the festival, First Deputy Chief of Staff of the Presidential Executive Office of Russia Sergey Kiriyenko and Deputy Prime Minister Tatyana Golikova met with married couples in a cozy atmosphere over a cup of tea. The central topics of the conversation were love and family values. The participants discussed measures of state support for young and large families, the secrets of family longevity and raising children, and shared their impressions of the I and II All-Russian Wedding Festivals and proposed making this event an annual event.

    In total, 12 different families gathered at one table – young and those who had already celebrated their golden wedding, those with many children and those who had only recently become parents. Welcoming the participants of the meeting, Tatyana Golikova emphasized that the All-Russian Wedding Festival had already become an established tradition.

    “Last year, 220 couples from all over the country got married at the Russia exhibition and forum. Many young families already have children. It is very pleasing that Russia is returning to the traditions of large families. If ten years ago only 18% of our citizens expressed a desire to have many children, now it is already 39%. And every second person believes that the ideal family is one with many children. Today we will see another 200 families from 78 regions get married at the Russia National Center. You charge the atmosphere with a special spirit, and this spirit of love, reliability, and strength of bonds permeates all the events of the All-Russian Wedding Festival. I wish that the families that were born at the festival last year and those that will appear this year are strong, that they create a real rear, so that the men who are on the front lines today know that they are loved and waited for at home,” noted Tatyana Golikova.

    In turn, Sergei Kiriyenko agreed that in Russia the family has a special meaning, and this is obvious at the state level.

    “Last year, our President used the formula ‘Russia is a family of families’, and the more you think about it, the more it sticks. Indeed, the main value of Russia is each individual family. The stronger and happier each family individually, the happier Russia as a whole,” he said.

    In the warm atmosphere of tea, couples who will register their marriage at the II All-Russian Wedding Festival shared their impressions of the festival and love stories. Semyon Slepchenko and Oksana Leonova from the Irkutsk Region met each other thanks to the “Movement of the First” – they both work in the regional office. For a long time, the young people were just colleagues, until one day, on New Year’s Eve, a warm conversation began that grew into love. Another New Year’s miracle happened to employees of the Stary Oskol District Children’s Hospital Sergei Ryndin and Natalia Ovsyannikova. Before the New Year, they were preparing a holiday for young patients and at some point realized that they were made for each other. Sergei and Natalia brought to the festival cards that were prepared for all the newlyweds by patients of the children’s hospital.

    True patriotism laid the foundation for the creation of two families. Miroslav Skonin and Angelina Denisenko from the DPR, who are members of the Cossack reconnaissance brigade “Terek”, met and fell in love with each other in the combat zone. Kaliningraders Alexander Dyachenko and Valeria Kravchenko are ONF volunteers who help the families of SVO participants. Sevastopol residents Fyodor Bykovsky and Irina Nagibina serve the country, Fyodor is a hereditary military man, Irina is a civil servant.

    The example of another couple proves that family is the basis for preserving the traditions of different peoples in a multinational state. Evgeny Fisikov and Olga Semenova, born and raised in Khakassia, honor national traditions, so at the wedding ceremony they will present Khakass culture and national costumes.

    Sergey and Irina Shirokih from Kursk Oblast, who have lived together for 51 years, shared their secrets of family longevity with newlyweds. They have preserved their love and respect for each other’s interests.

    Families that participated in the 1st All-Russian Wedding Festival are already having children. Elizabet and Timur Badmaev from the Republic of Buryatia are currently raising a six-month-old son, Amir. They suggested making the All-Russian Wedding Festival an annual event and starting a tradition – passing the family hearth “Heart of Russia” from couples of the previous festival to couples of the current one as a symbol of the continuity of traditions and a strong family union.

    Other families with children also shared their experiences. The long-awaited son of Natalia and Konstantin Kaynov from the Moscow Region was born thanks to the social project “New Life”. Support measures help large families: parents of five children Dmitry and Ekaterina Bauer became participants in the corporate demographic program “Our Children”, which operates at the Kemerovo enterprise “Azot”. And Irina and Maxim Moiseenko from the Krasnoyarsk Region, representatives of a dynasty of teachers, winners of the All-Russian competition “Family of the Year – 2020”, are raising seven children in a creative atmosphere.

    In order to raise children with dignity, it is necessary to preserve and support traditional values. This is what Fabrice and Isabelle Sorlin, who moved from France to Russia with their children 10 years ago, are sure of. This year, all family members became Russian citizens.

    Fabrice Sorlin proposed to provide additional preferences to those owners who rent out their property to large families, in particular, land tax benefits. Tatyana Golikova noted that measures to support large families are the most important measures, and thanked for the proposal.

    At the meeting, young couples expressed their proposals and initiatives to improve social and family policy. Alexander Dyachenko and Valeria Kravchenko proposed creating a project – a navigator in the world of patriotic education, so that students of universities and colleges would have the opportunity to quickly and easily choose the right direction. Sergey Kiriyenko approved the initiative and asked to provide documents with the concept of the project later. At the end of the meeting, Tatyana Golikova and Sergey Kiriyenko wished the families to carry love throughout their lives.

    The II All-Russian Wedding Festival is being implemented with the support of the Presidential Fund for Cultural Initiatives and will be held at the National Center “Russia” from July 8 to 10, 2025. During these days, more than 200 couples from all regions of the country will register their marriages here. The program for newlyweds includes a yacht ride along the Moscow River, a festive procession surrounded by their guests along the picturesque embankment to the National Center “Russia”, a photo session, marriage registration in a solemn atmosphere and a ceremony of handing over the family hearth.

    Along with the ceremonial events, a cultural and educational program has been prepared for the festival participants. Musical concerts are held for the newlyweds and their guests, where popular artists and musical groups perform. Among them are Nansi

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

    .

    MIL OSI Russia News

  • MIL-OSI Banking: Samsung Partners With Warner Bros. and DC Studios To Deliver ‘Super Big’ Superman Experience

    Source: Samsung

     
    Samsung Electronics today announced a global partnership with Warner Bros. and DC Studios to celebrate the latest “Superman” film with a series of fan activations, Superman-themed video content and limited-edition digital artworks from DC Comics via Samsung Art Store.
     
    “Samsung is committed to creating a richer and more meaningful entertainment experience,” said Hun Lee, Executive Vice President of the Visual Display Business at Samsung Electronics. “Through collaborations with leading creative studios and artists, we continue to help people engage more deeply with the stories and character they love, whether in the theater or at home.”
     
    “Superman,” the first film in DC Studios’ new cinematic universe, written, directed and produced by James Gunn, hits theaters worldwide starting July 9. To mark the release, Samsung is launching a global campaign with the tagline “It’s not just big. It’s super big,” spotlighting a range of campaign video content celebrating the original Super Hero and bringing the excitement of the film to audiences across digital platforms, retail locations and public spaces.
     
    In London, the campaign will come to life through a series of Daily Planet-themed newsstand kiosks, appearing at high-traffic locations such as The Shard and Kings Cross Station.
     
    Fans can also pick up limited-edition Superman-themed items, receive exclusive gifts and take part in a global social media challenge by sharing their event photos or videos for a chance to win super prizes, including a 98” Samsung TV.
     
    Interactive activations will appear at major malls across Asia — including Malaysia, Vietnam and Korea — where fans can explore Superman-themed photo booths, immersive pop-up displays and hands-on product experiences.
     

     
    Additionally, Samsung Art Store, the leading digital art platform on Samsung Art TVs, is featuring a limited-time 10-piece Superman digital art collection from DC Comics free to users from July 1 through August 31. Available on The Frame as well as 2025 QLED and Neo QLED models,1 the collection brings Superman’s heroic legacy into the home and gives fans a whole new way to enjoy Superman-inspired art.
     
    Samsung’s Super Big TV lineup includes 98” 100” 115” Class options across Neo QLED and Crystal UHD models.2 With expansive screens, stunning picture quality and AI-powered enhancements that deliver smoother images and deeper contrast, Samsung aims to deliver a grander home entertainment experience.
     
    For more information, visit www.samsung.com.
     
     
    About Superman
    DC Studios presents a Troll Court Entertainment/The Safran Company Production, A James Gunn Film, Superman, which will be in theaters and IMAX® July 9 2025, distributed by Warner Bros. Pictures.
     
     
    1 Samsung Art TV includes MICRO LED, The Frame, The Frame Pro, Neo QLED 8K, Neo QLED and QLED models starting from Q7F and above.
    2 Product availability vary by region.

    MIL OSI Global Banks