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Category: Finance

  • MIL-OSI United Kingdom: City of York Council asked to adopt new Equity, Diversity and Inclusion Strategy

    Source: City of York

    City of York Council’s Executive will be asked to approve a new Equity, Diversity and Inclusion (EDI) Strategy for the council later this month [15 July].

    The strategy sets out the council’s approach to EDI, supporting the Council Plan priority on Equalities and Human Rights to provide equality of opportunity for all and ensure that residents and visitors can benefit from the city and its strengths.

    The development of the strategy is linked to other recent areas of action including the re-establishment of the Human Rights & Equalities Board, the council’s adoption of the Social Model of Disability and its Anti-Racism Action Plan and Gypsy and Traveller Action Plan.

    It also builds on the city’s designation and partnership working around York’s status as a City of Sanctuary, Human Rights City and pledge to be an Anti-Racist City, together with growing cross-partnership strengths in these areas.

    The strategy aims to help the council deliver services that are equally accessible to all customers; fulfil its obligations to consider how its work affects diverse communities and to reduce disadvantage for people with protected characteristics.

    The strategy also sets out the council’s approach to EDI in the workplace and will help guide staff in their day-to-day work.

    The draft strategy was updated in response to feedback from a public consultation earlier in the year, which received approximately 500 responses from residents and organisations.

    The consultation included dedicated focus groups with people with protected characteristics, including people with learning difficulties; older people; young adults; neurodivergent people; and members of the LGBTQIA+ community.

    Of the responses received, one in five respondents reported having experienced or witnessed intolerance or discrimination from the council, with three out of four agreeing that the council’s services are accessible to all its communities.

    A draft action plan has been created on each of the key elements of the strategy to ensure timely and measurable progress is made.

    Councillor Katie Lomas, Executive Member for Finance, Performance, Major Projects, Human Rights, Equality and Inclusion, said:

    We want York to be a place that celebrates diversity and includes everybody in the life of the city by ensuring they have access to the same opportunities and experiences.

    “Equalities and Human Rights are a core commitment within our Council Plan. We’re committed to achieving continuous improvement and equity across all our services and functions.

    “While the results of the recent consultation show that we still have more work to do to ensure that all the members of York’s diverse communities feel seen and heard, we look forward to continuing to work with colleagues, partners, community groups and local people to tackle discrimination, harassment and victimisation in all its forms.”

    MIL OSI United Kingdom –

  • MIL-OSI: RentRedi CEO Ryan Barone Named to Inman’s 2025 Future Leaders in Real Estate List

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — RentRedi, the fastest-growing landlord software that makes renting easy for everyone, has announced that its Co-founder and CEO Ryan Barone was named to Inman’s Future Leaders in Real Estate list in the Technology & Data category. The award recognizes trailblazers who are reshaping the future of real estate through visionary leadership, innovation, and measurable impact.

    Recognized as an emerging leader transforming the real estate industry by forging new paths and redefining what’s possible, Barone’s inclusion in the Technology & Data category reflects his success in leveraging technology to deliver powerful tools to independent landlords and renters nationwide.

    Barone launched RentRedi after a frustrating experience trying to rent an apartment as a college student. What began as a tenant-focused app quickly evolved into a full-scale platform that addresses the needs of both landlords and renters. Today, RentRedi automates the entire renting lifecycle—listings, tenant screening, lease signing, rent collection, maintenance, and accounting—enabling landlords to manage properties remotely from anywhere in the world via web or mobile app.

    “Our mission is to become the go-to intelligence platform for smart landlords, empowering them to grow their businesses, gain financial freedom, and save time through automation and data-driven decisions,” said Barone. “At the same time, we’re helping landlords and tenants build stronger relationships and transforming the rental experience into one that works better for everyone.”

    RentRedi has earned a reputation as one of the most innovative and impactful companies in real estate technology, thanks in large part to its unique approach: releasing features based directly on user feedback and data-driven insights. Recent notable innovations include:

    • Credit Boost – The first rent reporting feature of its kind to report on-time rent payments to all three major credit bureaus (Equifax, Experian, TransUnion), helping tenants build credit and encouraging timely payments.
    • Accelerated Payouts – The only platform offering 2-day funding and same-day rent settlements included in its flat-rate pricing—no premium subscription required.
    • Custom Website Builder – Directly within the RentRedi platform, landlords can easily create branded and customized professional listing websites without requiring technical expertise, helping them stand out in a competitive market.
    • Real-Time Guidance from Real Data – Market and data insights like tenants using autopay pay on time 99% of the time (compared to 88% without it), and landlords using RentRedi’s screening process see on-time payments 17 days earlier on average show landlords how to optimize their businesses. Meanwhile, landlord surveys inform the industry on key trends and sentiments.

    By surfacing these kinds of metrics, RentRedi empowers landlords to take action to improve operations, strengthen tenant relationships, and grow their rental businesses. Barone’s leadership has turned RentRedi into not just a software tool, but a partner in success.

    With tens of thousands of landlords and hundreds of thousands of renters using the platform, RentRedi is redefining the landlord-tenant experience. Under Barone’s guidance, the company continues to transform the industry with a “need-to-have, not nice-to-have” philosophy that prioritizes simplicity, usability, and results.

    Earlier this year, RentRedi was also named to HousingWire’s 2025 Tech100 list, which celebrates the most innovative technology companies in housing. Together with Inman’s recognition of Ryan Barone as a Future Leader in Real Estate, these honors underscore how Barone’s vision and RentRedi’s user-driven, data-informed approach are setting new standards for what’s possible in rental housing.

    About RentRedi

    RentRedi offers an award-winning, comprehensive property management platform that simplifies the renting process for landlords and renters by automating and streamlining processes. Investors can quickly grow their rental businesses by using RentRedi’s all-in-one web and mobile app for rent collection, market listings, tenant screening, lease signing, maintenance coordination, and accounting. Tenants enjoy the convenience and benefits of RentRedi’s easy-to-use mobile app that allows them to pay rent, set up auto-pay, build credit by reporting rent payments to all three major credit bureaus, prequalify and sign leases, and submit 24/7 maintenance requests.

    Founded in 2016, RentRedi is VC-backed and a proven leader in the PropTech market. The company ranks No. 180 on the Inc. 5000 list and No. 13 on the Inc. 5000 Regionals list. It was also named an Inc. Power Partner in 2023 and 2024, and to Fast Company’s Next Big Things in Tech list in 2024, as well as HousingWire’s Tech100 list in 2025. To date, RentRedi has more than $28 billion in assets under management with nearly 200,000 landlords and tenants using its platform. The company partners with technology leaders such as Zillow, TransUnion, Experian, Equifax, Realtor.com, Lessen, Thumbtack, Plaid, and Stripe to create the best customer experience possible. For more information visit RentRedi.com.

    The MIL Network –

  • MIL-OSI: Hyperscale Data Reports Approximately $11.2 Million in Bitcoin Mining Revenue Year to Date, Including Approximately $1.5 Million for June 2025

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, July 08, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its wholly owned subsidiary Sentinum, Inc. (“Sentinum”) received approximately 13.7 Bitcoin in the month of June 2025 and approximately 103.7 Bitcoin year to date (through June 30, 2025) from the mining pool to which Sentinum provides hash calculation services. Revenue is calculated daily based upon the number of Bitcoin earned that day at the value of Bitcoin on such date.

    As previously announced, Sentinum entered into a hosting services agreement with a service provider in Montana to provide Sentinum with operations and asset management services and access to approximately 20 megawatts (“MWs”) of energy capacity and other critical infrastructure to be used for Sentinum’s Bitcoin mining operations. Sentinum has delivered approximately 6,800 Antminers (“Antminers”) to the service provider’s data center, which have been installed and are ready for operation. In addition, Sentinum recently completed the reenergizing of approximately 10 MWs of power at its Montana facility and resumed Bitcoin mining operations, with approximately 2,600 Antminers operational today, which is anticipated to be increased to approximately 3,200 Antminers by the end of July 2025.

    “The activation of two additional Bitcoin mining sites marks a significant step forward for our Bitcoin mining operations, with approximately 18,200 Antminers operational,” said William Horne, CEO of Hyperscale Data. “With approximately $11.2 million in year-to-date Bitcoin mining revenue, and a significant increase in expected topline revenue for the third and fourth quarters of 2025, we’re demonstrating the strength of our infrastructure and the momentum behind our strategy. We remain committed to maximizing efficiency and delivering long-term value to our stockholders.”

    Hyperscale Data notes that all estimates and other projections are subject to the volatility in Bitcoin’s market price, the fluctuation in the mining difficulty level, the ability to deliver and provide the necessary power for miners, the obligation to deliver Bitcoin mined as payment towards fees and deposits until paid in full, full utilization of the miners, which includes the right of our service provider to turn off Antminers when energy prices are unfavorable for Bitcoin mining, and other factors that may impact the results of Bitcoin mining production or operations. In addition, Hyperscale Data cautions that revenue will only be recognized to the extent that Bitcoin (or cash upon the sale of Bitcoin) is deposited into our account, which amount will be less than the value of all Bitcoin mined.

    For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

    About Hyperscale Data, Inc.

    Through its wholly owned subsidiary Sentinum, Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging artificial intelligence (“AI”) ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, Ault Capital Group, Inc. (“ACG”), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

    Hyperscale Data expects to divest itself of ACG on or about December 31, 2025 (the “Divestiture”). Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support high-performance computing services, though it may at that time continue to operate in the digital asset space as described in the Company’s filings with the SEC. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

    On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be stockholders of ACG upon the occurrence of the Divestiture.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

    Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

    Hyperscale Data Investor Contact:
    IR@hyperscaledata.com or 1-888-753-2235

    The MIL Network –

  • MIL-OSI Asia-Pac: InvestHK signs MOU with Xi’an Hi-Tech Zone to foster Shaanxi-Hong Kong partnership in empowering enterprises’ global expansion (with photos)

    Source: Hong Kong Government special administrative region – 4

         Invest Hong Kong (InvestHK) today (July 8) cohosted the “Shaanxi-Hong Kong Collaboration: Leveraging Hong Kong Strengths to Support Shaanxi Tech Companies in Going Global” seminar in Xi’an, Shaanxi Province, in collaboration with the Hong Kong and Macao Affairs Office of the Shaanxi Provincial People’s Government and the Shaanxi Association for Science and Technology. The event was also co-organised by the Hong Kong Economic and Trade Office in Chengdu (CDETO), the Hong Kong Special Administrative Region (HKSAR) Government’s Shaanxi Liaison Unit, Shaanxi Province Xixian New Area Development and Construction Management Committee, and the Xi’an High-Tech Industries Development Zone Management Committee.
          
         The Director of the CDETO, Mr Enoch Yuen; the Director-General of the Hong Kong and Macao Affairs Office, Shaanxi Provincial Government, Ms Yao Hongjuan; and Vice President of the Shaanxi Association for Science and Technology Mr Lv Jianjun delivered welcome remarks to guests and the media. Mr Yuen said, “The National 14th Five-Year Plan explicitly designates Hong Kong as an international innovation and technology hub, while Shaanxi serves as a key national base for technology and industry, with strong capabilities in energy and chemical engineering, equipment manufacturing, and aerospace, among others. Both Hong Kong and Shaanxi place great importance on the development of the innovation and technology industry, and frequent high-level exchanges between the two places have continued to deepen in recent years. We look forward to deeper collaboration, leveraging Hong Kong’s strengths in taxation, finance, and global connectivity, while combining them with Shaanxi’s strong industrial foundation and innovative vitality, to achieve a mutually beneficial partnership.”
          
         Ms Yao stated that efforts will be made to actively promote and deepen economic, trade, and investment co-operation between Shaanxi and Hong Kong, particularly in the fields of innovation and technology, as well as new quality productive forces. These efforts aim to help enterprises in both regions seize development opportunities and achieve complementary advantages. Mr Lv also delivered remarks at the event.
          
         One of the key highlights of the event was the signing of a Memorandum of Understanding (MOU) between InvestHK and the Xi’an High-Tech Industries Development Zone Management Committee, marking a solid step forward for Shaanxi and Hong Kong in promoting the international development of enterprises in the central and western regions.
          
         Xi’an High-tech Zone is one of the first national high-tech zones approved by the State Council. In 2024, Xi’an High-tech Zone ranked fifth in the country and first in the central and western regions in the comprehensive evaluation of national high-tech zones. The zone focuses on developing innovative industries such as optoelectronic information, smart manufacturing, biomedicine, automobiles, new materials and energy. It has successfully built two “hundred-billion-level industrial clusters” in the automobile industry and electronic information. At present, the zone has become the world’s largest production base for flash memory chips and new energy vehicles.
          
         Under the MOU, the Xi’an High-Tech Industries Development Zone Management Committee will encourage enterprises in the zone to utilise Hong Kong as a base for expanding overseas business. InvestHK will provide enterprises with information on the business environment and policies in Hong Kong, as well as support services for companies investing and operating in Hong Kong. The signing of this MOU establishes a structured collaboration framework, combining Hong Kong’s unique strengths as an international financial centre and Xi’an High-Tech Zone’s innovation capabilities to empower enterprises in accessing global resources efficiently and seizing early opportunities in international markets.
          
         The Head of the Go Global Unit/Business and Talent Attraction/Investment Promotion of Western China of InvestHK, Mr Jason Gan, and the Director of the Science and Technology Innovation Bureau of the Xi’an High-Tech Industries Development Zone, Mr Gao Yuntian, signed the memorandum of co-operation on behalf of their respective sides. Mr Gan said after the signing, “There are tremendous opportunities for co-operation between Shaanxi and Hong Kong in developing new quality productive forces and contributing to China’s high-quality development. As a vital bridge between the Mainland and international markets, Hong Kong has long been committed to providing comprehensive support for Mainland innovation-driven enterprises. We hope to further leverage the complementary advantages of the two places to assist high-quality enterprises in the zone to go global via Hong Kong, and work together to explore new innovative co-operation.”
          
         The Head of Innovation & Technology of InvestHK, Mr Andy Wong, delivered a keynote speech and highlighted Hong Kong’s competitive edge in the I&T sector. “We possess a number of competitive advantages in developing innovation and technology, including world-class academic research and talent, cutting-edge R&D infrastructure, robust intellectual property protection, and the strong support of the HKSAR Government. In 2024, InvestHK supported 120 innovation and technology companies to set up or expand in Hong Kong, making it the top sector among those we assisted. This reflects the international community’s confidence in and recognition of Hong Kong’s I&T development, and further affirms the city’s strategic role as a two-way platform between the Mainland and global markets. Hong Kong’s innovation and technology sector has recently made remarkable progress in several areas. For example, the first batch of regulatory sandbox pilot projects for the low-altitude economy has been launched, serving as a new engine for Hong Kong’s future development. In addition, the city’s new drug approval mechanism has been updated to accelerate the market entry of new pharmaceuticals. I sincerely hope that I&T enterprises in Shaanxi will seize the diverse opportunities offered by Hong Kong to expand into international markets,” he said.

         Senior Manager of the Leasing and Operations Department of Hong Kong-Shenzhen Innovation and Technology Park Limited Mr Tandy Tan and Associate Director of the Research and Innovation Office of Hong Kong Polytechnic University Mr Victor Zhao also shared the opportunities of the Hong Kong Innovation and Technology Center and highlighted Hong Kong’s R&D capabilities in empowering new quality productive forces raised from Hong Kong universities. Deputy Director of the Science, Technology Innovation and New Economy Bureau, Shaanxi Province Xixian New Area Ms Han Ping also shared the latest developments on Shaanxi’s I&T industry construction centre.
          
         This event featured a panel discussion with industry leaders from professional services in Hong Kong, especially in financial professional services. Guest speakers from Hong Kong Exchanges and Clearing Limited, HSBC and Deloitte Tax shared insights on how Hong Kong’s financial and professional services can accelerate Mainland firms’ global expansion.
          
         The seminar included a dedicated exchange session to provide on-site consulting services for corporate representatives interested in expanding to Hong Kong. The event attracted 190 representatives from Shaanxi enterprises, institutions and local media.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Speech by CE at South China Morning Post China Conference 2025 (English only) (with photos/video)

    Source: Hong Kong Government special administrative region – 4

         Following is the speech by the Chief Executive, Mr John Lee, at the South China Morning Post China Conference 2025 today (July 8):

    Ms Catherine So (Chief Executive Officer of the South China Morning Post), Ms Tammy Tam (Editor-in-Chief of the South China Morning Post), Mr Steve Finch (President and Chief Executive Officer of Manulife Asia), distinguished guests, ladies and gentlemen, 

    Good morning. It’s a pleasure to join you here, once again, at the South China Morning Post’s annual China Conference – the 11th edition.

    More than 700 of you are here for this year’s gathering. Some 300s are joining us, virtually, at this forum for business, trade, finance, investment and technology. All of you keen on getting the latest intelligence and insights, developments and business opportunities – in Hong Kong, throughout China and beyond. 

    The theme of this China Conference is “Where Capital Meets Innovation” – an apt description of the strengths of China, our country, and how Hong Kong contributes to its rise. That provides the world with much-needed certainty, especially in this difficult time.

    This year’s international trade uncertainties, and chaos, may well continue amidst the rise of protectionism and unilateralism. The global economy is grappling with profound instability, escalating geopolitical risks and the wholesale reshaping of long-existing trading systems.

    In spite of a damaged global trade order, the expanding trade and capital flows of China, our country, help buoy the economy of the region and the world.

    The Mainland economy has sound fundamentals, a vast domestic market and the robust policies in place to withstand external challenges. In the first quarter of this year, the country’s GDP (Gross Domestic Product) grew by 5.4 per cent, and key economic indicators have kept improving since the beginning of the second quarter – simply said, China, our country, is well on its way to achieving the official growth target of around 5 per cent for 2025.

    As for Hong Kong, our economy expanded solidly by 3.1 per cent in the first quarter of 2025, supported by visible increases in exports and the resumption of moderate growth in overall investment expenditure. We forecast real GDP growth of 2 per cent to 3 per cent in this year.

    Last week, we celebrated the 28th anniversary of the Hong Kong Special Administrative Region’s establishment. That happy occasion was a welcome opportunity to thank our country for championing Hong Kong through the “one country, two systems” principle, as well as the national strategies and made-for-Hong Kong initiatives it supports us with.

    Last month, the World Competitiveness Yearbook ranked Hong Kong third in the world in global competitiveness, up two places from the previous year, and up four places from 2023.

    It marks Hong Kong’s return to the global top three for the first time since 2019, reflecting our commitment to change in face of today’s rising challenges.

    There’s a lot more to be grateful for. In April and May, Hong Kong’s merchandise exports showed double-digit, year-on-year growth, while visitor arrivals also brought double-digit, year-on-year increases in the second quarter.  

    And Hong Kong, in the first half of this year, has been the world’s largest IPO (initial public offering) fundraising market, raising over US$13 billion. That’s up a whopping 22 per cent, compared with the full-year figure last year.

    It speaks of Hong Kong’s long-standing appeal as a safe haven for Chinese and international capital and a bridge for global investors. 

    Hong Kong is, after all, the most internationalised city in the country. We offer the world a market-friendly business environment underpinned by the rule of law. We are the only common law jurisdiction in our country, with a legal system and regulatory regime similar to most global financial hubs. And we present business and investment advantages unmatched by any other city in the world.

    Last year, the total number of local registered companies reached its record high, surpassing 1.46 million. And the total number of non-local companies registered here also reached a record high, and was over 15 000. Both figures continue to show encouraging growth this year. 

    Since January 2023, Invest Hong Kong, our dedicated investment promotion agency, has assisted more than 1 300 Mainland and overseas companies in setting up or expanding their business in Hong Kong. These companies bring in foreign direct investment of over US$21 billion to our economy, creating over 19 000 jobs.

    When I assumed office as Chief Executive three years ago, I established the Office for Attracting Strategic Enterprises. My aim is to offer, through this Office, one-stop facilitation services and  tailor-made incentives to attract strategic enterprises to our city and foster innovation and economic growth. 

    The Office has brought in 84 strategic companies, from such high-tech industries as advanced manufacturing and new energy technology, AI and data science, fintech and life and health technology. The strategic companies will invest about US$6.4 billion in the next few years, creating over 20 000 jobs. 

    We also launched a new scheme in May this year to create a company re-domiciliation regime to attract companies to Hong Kong. It provides a convenient, safe and secure pathway for companies to re-domicile to Hong Kong. Different companies have already expressed their interest to the regime and two international insurance giants – as Mr Finch is surely aware – have announced they will officially re-domicile to Hong Kong. Good business always makes right decisions.

    These companies all gave their strong vote of confidence in the development of Hong Kong and the country, and will help attract a wealth of partners and related companies to this part of the globe.

    Another strong advantage Hong Kong offers to overseas companies here, old or new, is our easy access to the Mainland market. We are certainly a front runner in this regard. 

    That’s in no small part thanks to the Mainland and Hong Kong Closer Economic Partnership Arrangement, or CEPA, our de facto free trade agreement with the Mainland that provides preferential treatment to Hong Kong companies, facilitating smoother access to the Mainland’s vast market.

    A new amendment agreement under the CEPA Agreement on Trade in Services entered into force this March. It includes the removal of the qualifying period requirement on Hong Kong service suppliers in most sectors, meaning our many new companies can also benefit from the arrangement’s facilitation measures in accessing the Mainland market.

    Together with new initiatives that allow Hong Kong-invested enterprises to adopt Hong Kong law and choose Hong Kong as the seat for arbitration in their operation in a range of Mainland cities, CEPA provides a wide range of innovative enhancements that help a world of investors better capitalise on China’s growth opportunities, with the help of Hong Kong’s world-class professional services.

    Then there’s technological innovation, including artificial intelligence. AI advancements are transforming production, business and consumption patterns. They are redefining the core competitiveness of economies.

    These trends create new opportunities for Hong Kong, particularly in our deepening integration with the Guangdong-Hong Kong-Macao Greater Bay Area, a cluster city development that brings together Hong Kong, Macao, and nine southern cities on the Mainland.

    With a population exceeding 87 million and a GDP of more than US$2 trillion last year, similar to the size of the 10th largest economy in the world, the Greater Bay Area is among the most open and economically vibrant regions in the country. 

    The Shenzhen-Hong Kong-Guangzhou science and technology cluster, which includes three of the Greater Bay Area’s core cities, has been ranked second, globally, for five consecutive years in the Global Innovation Index, published by the World Intellectual Property Organization. 

    Drawing together Hong Kong’s research capabilities and business competitiveness, as well as the Mainland’s innovation and advanced manufacturing prowess, the Greater Bay Area endeavours to become a world-leading I&T (innovation and technology) hub.

    One spectacular example is the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone, an area that straddles our boundary with Shenzhen. It will develop into a cutting-edge advanced technology centre that converges the strengths of Hong Kong and Shenzhen. Last November, the HKSAR (Hong Kong Special Administrative Region) Government published the Development Outline for the Hong Kong Park in the co-operation zone.

    The Park’s first three buildings have been completed, and the Greater Bay Area International Clinical Trial Institute opened last November at Hong Kong Park.

    That’s just the beginning. Artificial intelligence, new energy vehicles, the low-altitude economy, fintech, and more, are thriving in the Greater Bay Area. And as the Park enters into the operational phase this year, more of these companies will be joining us.

    Beyond I&T, we have seen the successful introduction of a wide variety of policy initiatives with the Greater Bay Area, including measures for the two-way flow of talent, schemes for supporting youth innovation, entrepreneurship and employment, and policies to facilitate mutual travel.

    And the promise of further co-operation between Hong Kong and the rest of the Greater Bay Area and the Mainland is boundless.

    Ladies and gentlemen, when we talk of China’s might, many of us immediately look to the maiden visit to Hong Kong over the past weekend of the first domestically built aircraft carrier of China, our country, the Shandong. Although the fleet has just bid us farewell yesterday, the awe and pride it drew among the people of Hong Kong over its five-day visit will be long-lasting.

    More than a display of maritime strength, the fleet showcases our country’s commitment to peacekeeping and regional stability. And much like how the Shandong docked in our safe harbour, Hong Kong is where the country anchors its trust.

    In this era of fogged horizons, China does not just project power – it radiates investible stability. And Hong Kong is the “super connector” and “super value-adder” that links the world with opportunities from China’s growth and certainties. A link you can always bank on.

    Amid an ever changing geopolitical landscape and constantly escalating uncertainties, Hong Kong is the place that promises security and development. This certainty of security and development is precisely what a world of investors need and thirst for. 

    Together, we will fully seize development opportunities, keep boosting our competitiveness, undertake reforms for progress, and foster innovation. The wisdom and wealth of experience of the people of Hong Kong will help the Pearl of the Orient shine brighter than ever on the world stage.

    My thanks to the South China Morning Post for organising this essential, always eventful, annual gathering. 

    I wish you all a rewarding conference. And the best of business in the second half of 2025, a year that will surely be full of opportunities and rewards. Thank you.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: SJ commences European visit in Netherlands (with photos)

    Source: Hong Kong Government special administrative region – 4

         The Secretary for Justice, Mr Paul Lam, SC, began his European visit in Amsterdam, the Netherlands, on July 6 (Amsterdam time). He met with international organisations, judges from the International Court of Justice (ICJ), government officials and the local business community to promote Hong Kong’s legal system and services, and its development as an international legal and dispute resolution centre in the Asia-Pacific region.
     
         Upon his arrival, Mr Lam met with Hong Kong people and overseas Chinese organisation representatives living in the Netherlands and Luxembourg to learn about their work and life, and shared with them the latest developments of Hong Kong in various areas.
     
         After arriving at The Hague on July 7, Mr Lam visited the Hague Conference on Private International Law (HCCH) and met with the Secretary General of the HCCH, Dr Christophe Bernasconi. Mr Lam thanked the HCCH for its support for the secondment programme of legal professionals of the Department of Justice (DoJ) and exchanged views on further strengthening the co-operation between the DoJ and the HCCH, including hosting an international conference about the Hague Conventions during the DoJ’s flagship event – Hong Kong Legal Week in December this year.
     
         Mr Lam then met with the Secretary General of the Ministry of Justice and Security of the Netherlands, Ms Anneke Van Dijk, and officials to introduce the latest developments of Hong Kong and discuss issues such as the development and direction of international legal co-operation.
     
         Afterwards, Mr Lam had a lunch meeting with the Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to the Kingdom of the Netherlands, Mr Tan Jian. Mr Lam thanked the Central Government for supporting the Hong Kong Special Administrative Region to actively participate in meetings of international organisations as part of the Chinese delegation, providing opportunities for Hong Kong legal talent from the public and private sectors to take part in various projects of the HCCH. He said that the DoJ will continue to strengthen international legal talent training, as well as exchanges and co-operation with international organisations to contribute to the promotion of the country’s contribution to the development of international rule of law.
     
         In the afternoon, Mr Lam visited the ICJ of the United Nations and met with the President of the ICJ, Mr Yuji Iwasawa, to exchange views on the latest developments in international dispute resolution, including the establishment of the International Organization for Mediation with its headquarters in Hong Kong. They also shared views on the training of international legal experts and professionals. Mr Lam then visited the Permanent Court of Arbitration (PCA) and met with the Secretary-General of the PCA, Dr Marcin Czepelak, to discuss the co-operation between the DoJ and the PCA in the fields of capacity building and international law.
     
         In the evening, Mr Lam attended a business seminar and dinner organised by the Netherlands Hong Kong Business Association with the support of the Hong Kong Economic and Trade Office in Brussels and Invest Hong Kong. Speaking at the seminar, Mr Lam shared with about 100 participants Hong Kong’s distinctive advantage of enjoying the strong support of the motherland while being closely connected to the world under the “one country, two systems” principle. He stressed that Hong Kong’s legal system is credible and reputable, user-friendly, and closely tied with Mainland China and other parts of the world. These elements make Hong Kong’s legal system exceptional among other common law peers.
     
         Mr Lam will go to Paris for the second leg of his European visit today (July 8, Amsterdam time).

    MIL OSI Asia Pacific News –

  • MIL-OSI Europe: Italy: EIB Grants €150 Million Loan to Alfasigma to Accelerate Innovation in Rare Diseases and Specialty Care

    Source: European Investment Bank

    Alfasigma

    • The EIB financing will support Alfasigma’s R&D investments for the three-year period from 2025 to 2027.
    • The funds will help develop and market new medicines in Alfasigma’s main therapeutic areas.

    The European Investment Bank (EIB) has signed a €150 million loan agreement with Alfasigma, a global pharmaceutical company founded in Italy, whose products are present in more than 100 markets worldwide.

    The agreement, announced today by EIB Vice-President Gelsomina Vigliotti and Alfasigma’s Chief Financial Officer Tatiana Simonelli, will support the development of breakthrough therapies in the areas of rare diseases and specialty care. The EIB financing aims to support Alfasigma’s R&D activities over the three-year period from 2025 to 2027, focusing on new treatments in gastroenterology and hepatology, vascular medicine, and rheumatology. It will help accelerate the translation of scientific advances into patient-centred solutions, aiming to address unmet needs and deliver high-impact health outcomes.

    The operation is part of the EIB’s strategy to bolster competitiveness and innovation in the European healthcare sector and to create highly skilled jobs.

    “This financing confirms the EIB’s commitment to promoting scientific innovation and supporting European biopharmaceutical research,” said EIB Vice-President Gelsomina Vigliotti. “Investing in research, development and innovation is key to strengthening Europe’s industrial competitiveness and to offering new therapeutic solutions to those currently without alternatives.”

    “We are grateful to the EIB for this agreement, which will help us to fast-track our ambitious growth strategy, particularly in expanding our footprint in rare diseases and specialty care innovations to better address the unmet needs of the patients and communities we serve”, said Alfasigma Chief Financial Officer Tatiana Simonelli.

    Background information

    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. Built around eight key priorities, we finance investments that contribute to EU policy objectives by bolstering climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and bioeconomy, social infrastructure, the capital markets union, and a stronger Europe in a more peaceful and prosperous world.  The EIB Group, which also includes the European Investment Fund (EIF), signed over 900 projects worth nearly €89 billion in 2024, boosting Europe’s competitiveness and security. The EIB Group signed 99 operations totalling €10.98 billion in Italy in 2024, helping to unlock almost €37 billion of investment in the real economy. All projects financed by the EIB Group are in line with the Paris Climate Agreement, as pledged in our Climate Bank Roadmap. Almost 60% of the EIB Group’s annual financing supports projects directly contributing to climate change mitigation, adaptation, and a healthier environment. Fostering market integration and mobilising investment, the funds made available by the Group unlocked over €100 billion in new investment for Europe’s energy security in 2024 and mobilised a further €110 billion for startups and scale-ups. Around half of the EIB’s financing within the European Union is directed towards cohesion regions, where per capita income is lower than the EU average.

    Alfasigma is a global pharmaceutical company founded over 75 years ago in Italy, where it is headquartered (in Bologna and Milan). The group operates in over 100 markets spanning Europe, North and South America, Asia and Africa. It has offices in many countries, including Italy, the United States, Spain, Germany, Mexico and China; production sites in Italy (Pomezia, Rome; Alanno, Pescara; Sermoneta, Latina; and Trezzano Rosa, Milan), Spain (Tortosa, Baix Ebre) and the United States (Shreveport, Louisiana); and research and development labs in Italy (Pomezia and Bergamo). Alfasigma employs approximately 4 000 people dedicated to research, development, production and distribution of medicinal products, contributing to its mission to provide better health and a better quality of life for patients, caregivers and healthcare providers. It focuses on three main therapeutic areas: gastroenterology, vascular and rheumatology. Its portfolio ranges from speciality care to rare disease medications and consumer health products, including nutraceuticals.

    MIL OSI Europe News –

  • MIL-OSI Europe: Press release – EP TODAY

    Source: European Parliament

    Danish Presidency

    At 10:30, Mette Frederiksen, Prime Minister of Denmark, will present her country’s priorities for its six-month Council presidency, which began on 1 July. Maroš Šefčovič, European Commissioner responsible for interinstitutional relations will also attend. Parliament President Roberta Metsola will hold a press conference with Prime Minister Frederiksen in the Daphné Caruana Galizia press room from 12:15.
    Thomas HAAHR
    (+32) 470 88 09 87
    presse-DK@europarl.europa.eu

    EU-China relations

    Earlier, at 9:00, the day will begin with a joint debate on EU China relations. MEPs will first prepare for the 2025 EU-China summit, to take place later in July. Plenary will then move on to discuss the issue of China’s export restrictions on critical raw materials. A vote on a resolution on the latter is scheduled for Thursday. The debate will include statements by European Commission President Ursula von der Leyen, and Danish European Affairs Minister Marie Bjerre, for the Council.
    Viktor ALMQVIST
    (+32) 470 88 29 42
    Snjezana KOBESCAK SMODIS
    (+32) 470 96 08 19
    @EP_ForeignAff

    Situation in the Middle East

    In a mid-afternoon debate with Danish European Affairs Minister Marie Bjerre and Commissioner Jessika Roswall, MEPs will review the latest events in the Middle East and what the EU can do to help restore peace.
    Viktor ALMQVIST
    (+32) 470 88 29 42
    Snjezana KOBESCAK SMODIS
    (+32) 470 96 08 19
    @EP_ForeignAff

    European Climate Law

    A new 2040 greenhouse gas reduction target of 90% compared with 1990 levels, to be included in the EU Climate Law, is one of a new set of proposals adopted by the Commission on 2 July. Members will vote at noon on whether to fast-track Parliament’s work on the file. A debate with Commissioner Wopke Hoekstra on the proposals will start at about 15:30.
    Thomas HAAHR
    (+32) 470 88 09 87
    @EP_Environment

    In brief

    Gas storage. Members will vote at noon on a draft law to address gas market speculation and reduce prices by introducing greater flexibility in gas refilling rules ahead of the winter season. Parliament and Council have already reached an informal agreement on the file.

    Chemicals package. An action plan to boost the EU’s chemicals industry and measures to simplify EU chemicals laws are part of a new package Commission Executive Vice-President Stéphane Séjourné and Commissioner Jessika Roswall will present to Parliament at 15:00.

    Media freedom. The implementation of the European Media Freedom Act (EMFA) will be the subject of a debate with Danish European Affairs Minister Marie Bjerre and Commissioner Michael McGrath starting after the votes. A seminar on the EMFA for journalists, with key MEPs and experts, will take place at 15:00 in room De Madariaga S5. Journalists can follow it in person or via Interactio.

    Enlargement. In the evening, Parliament and Commission Executive Vice-President Stéphane Séjourné and Commissioner Jessika Roswall will debate the Commission’s 2023 and 2024 reports on progress made by Albania, Bosnia and Herzegovina, North Macedonia and Georgia towards EU accession. The votes will take place on Wednesday.

    Votes

    At noon, MEPs will vote, among others, on:

    • whether to endorse Bulgaria’s adoption of the euro;
    • security of energy supply in the EU;
    • the EU-Greenland and Denmark Sustainable Fisheries Partnership Agreement;
    • the progressive start of operations of the Entry/Exit System;
    • the European Investment Bank’s 2024 annual report;
    • preserving the memory of victims of Slovenia’s post-war communist period.

    Live coverage of the plenary session can be found on Parliament’s webstreaming site and on EbS+.

    For detailed information on the session, please also see our newsletter.

    Find more information regarding plenary.

    MIL OSI Europe News –

  • MIL-OSI: Tower Semiconductor and pSemi Win the Prestigious Industry Paper Competition Award at IMS 2025

    Source: GlobeNewswire (MIL-OSI)

    Award-winning paper showcases breakthroughs in wideband RF switch performance, reinforcing Tower’s leadership in advanced RF front-end innovation

    MIGDAL HAEMEK, Israel — July 08, 2025 — Tower Semiconductor (NASDAQ/TASE: TSEM), a leading foundry of high-value analog semiconductor solutions, today announced receipt of the Industry Paper Competition Award at the 2025 IEEE International Microwave Symposium (IMS) for their co-authored paper with pSemi — “A Low-Loss, Wideband, 0–110 GHz SPDT Using PCM RF Switches with Integrated CMOS Drivers”. The paper was presented on June 19, 2025, during IMS’s session on Innovative RF Switches, Varactor and Modulator Technologies, and won the Best Paper Award in its category.  

    The award recognizes Tower’s PCM RF switch as a significant innovation and advancement in RF switch technology, capable of delivering a record-breaking combination of bandwidth (DC–110 GHz), insertion loss (<2 dB), power handling (30 dBm), and linearity (+15–20 dB improvement over RFSOI CMOS solutions) — results that have not been achieved by any other RF switch technology. Enabled by Tower’s proprietary BEOL integration and integrated digital control, this combination of ultra-low-loss wideband performance, power handling, and full CMOS integration simplifies implementation for end users and enables advanced circuits for 5G, future 6G, SatCom, beamforming, and millimeter-wave applications.

    “We’re honored to receive this recognition,” said Dr. Ed Preisler, Vice President and General Manager of the RF Business Unit. “This achievement reinforces our commitment to advancing RF front-end integration for the next wave of wireless devices and highlights the power of strategic partnerships like ours with pSemi.”

    “We are honored to be recognized by IMS alongside Tower Semiconductor,” said Rodd Novak, Vice President, Sales and Marketing, pSemi.  “This award reflects our team’s dedication to pushing the boundaries of wideband RF switch research and design.”

    For additional information about the Company’s RF platform offering, visit here.

    About Tower Semiconductor         

    Tower Semiconductor Ltd. (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, provides technology, development, and process platforms for its customers in growing markets such as consumer, industrial, automotive, mobile, infrastructure, medical and aerospace and defense. Tower Semiconductor focuses on creating a positive and sustainable impact on the world through long-term partnerships and its advanced and innovative analog technology offering, comprised of a broad range of customizable process platforms such as SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensor, non-imaging sensors, displays, integrated power management (BCD and 700V), photonics, and MEMS. Tower Semiconductor also provides world-class design enablement for a quick and accurate design cycle as well as process transfer services including development, transfer, and optimization, to IDMs and fabless companies. To provide multi-fab sourcing and extended capacity for its customers, Tower Semiconductor owns one operating facility in Israel (200mm), two in the U.S. (200mm), two in Japan (200mm and 300mm) which it owns through its 51% holdings in TPSCo, shares a 300mm facility in Agrate, Italy with STMicroelectronics as well as has access to a 300mm capacity corridor in Intel’s New Mexico factory. For more information, please visit: www.towersemi.com.

    Safe Harbor Regarding Forward-Looking Statements
    This press release includes forward-looking statements, which are subject to risks and uncertainties. Actual results may vary from those projected or implied by such forward-looking statements. A complete discussion of risks and uncertainties that may affect the accuracy of forward-looking statements included in this press release or which may otherwise affect Tower’s business is included under the heading “Risk Factors” in Tower’s most recent filings on Forms 20-F, F-3, F-4 and 6-K, as were filed with the Securities and Exchange Commission (the “SEC”) and the Israel Securities Authority. Tower does not intend to update, and expressly disclaim any obligation to update, the information contained in this release. 
            

                                            ###
    Tower Semiconductor Company Contact: Orit Shahar | +972-74-7377440 | oritsha@towersemi.com
    Tower Semiconductor Investor Relations Contact: Liat Avraham | +972-4-6506154 | liatavra@towersemi.com

    Attachment

    The MIL Network –

  • MIL-OSI United Kingdom: University awarded prestigious AHRC Doctoral Focal Awards to power creative economy in rural areas The University of Aberdeen is part of a consortium which has been awarded a major AHRC Doctoral Focal Award in the Creative Economy.

    Source: University of Aberdeen

    The University of Aberdeen is part of a consortium which has been awarded a major AHRC Doctoral Focal Award in the Creative Economy.
    The Celtic Crescent Creative Economy Doctoral Focal Award will spearhead innovative research into the role of bilingual and rural communities in the creative economy, with a focus on regions often overlooked in national creative strategies.
    This award will fund 20 PhDs and brings together a consortium of universities committed to bilingualism, led by Bangor University and including Aberystwyth University, Falmouth University, Glasgow School of Art, the Royal Welsh College of Music and Drama, The University of Aberdeen and the University of South Wales.
    The consortium is supported by 27 industry and sectoral partners, ranging from national public bodies, theatre groups, media producers and internationally recognised craft producers like Harris Tweed. The funding will support doctoral training focused on building research capacity in strategic areas.
    Professor Nick Forsyth, the University of Aberdeen’s Vice-Principal for Research said: “The University of Aberdeen is proud to work with partners on this important initiative which supports young scholars and will create inclusive, impactful research that will strengthen regional economies and enhance cultural life across the UK. This award underscores the University’s international reputation for research excellence in the arts and humanities, following our recent successful AHRC Doctoral Landscape Award, and demonstrates our commitment to supporting and preparing the next generation of scholars to ensure the vitality of these subjects.”
    This initiative will strengthen collaboration between academia, industry, and communities to deliver broader societal benefits with a key focus on addressing underrepresentation and closing skills gaps in the sector.
    Professor Michelle Macleod, Head of the School of Language, Literature, Music and Visual Culture and Co-Investigator and Impact and Engagement Lead on the Celtic Crescent Management Board, said: “This is a wonderful opportunity to develop a cohort of new researchers in the area of the creative economy with expertise in place-based, multidisciplinary research. Our focus is on the vital role that rural, coastal and multilingual communities play in the UK’s creative industry, recognised by the government as a driver for growth, and, crucially, creating a talent pipeline that will be a driving force for industrial innovation.”
    PhD students will be provided with hands-on research opportunities in collaboration with industry partners and community organisations. The focus will be on developing future-facing skills and opening up career pathways both within and beyond academia, particularly in underrepresented areas and sectors.
    Recruitment for the Celtic Crescent PhDs will open next year, with students beginning in autumn 2026.
    Thugadh Duaisean Dotaireachd Fòcasach cliùiteach AHRC do Oilthigh Obar Dheathain gus eaconamaidh chruthachail ann an sgìrean dùthchail a neartachadh
    Tha Oilthigh Obar Dheathain na phàirt de cho-bhanntachd a fhuair Duais Dotaireachd Fòcasach mhòr bhon AHRC ann an Eaconamaidh Chruthachail.
    Bidh Duais Dotaireachd Fòcasach Eaconamaidh Chruthachail Celtic Crescent a’ stiùireadh rannsachadh ùr-ghnàthach air àite choimhearsnachdan dà-chànanach is dùthchail san eaconamaidh chruthachail, le fòcas air roinnean air an dèanar dearmad gu tric ann an ro-innleachdan cruthachail nàiseanta. Bheir an duais seo maoineachadh do 20 PhD agus tha i a’ toirt còmhla com-pàirteachas de dh’oilthighean a tha dealasach a thaobh dà-chànanachais, air a stiùireadh le Oilthigh Bangor agus a’ gabhail a-steach Oilthigh Aberystwyth, Oilthigh Falmouth, Sgoil Ealain Ghlaschu, Colaiste Rìoghail Ciùil is Dràma na Cuimrigh, Oilthigh Obar Dheathain agus Oilthigh Chuimrigh a Deas. Tha 27 com-pàirtichean gnìomhachais is roinneil a’ toirt taic don cho-bhanntachd, a’ gabhail a-steach buidhnean poblach nàiseanta, buidhnean theatar, riochdairean meadhanan agus riochdairean ciùird a tha aithnichte gu h-eadar-nàiseanta leithid Clò na Hearadh.
    Cuiridh am maoineachadh taic ri trèanadh dotaireil a tha ag amas air comasan rannsachaidh a thogail ann an raointean ro-innleachdail.
    Thuirt an t-Àrd Ollamh Nick Forsyth, Iar-Phrionnsabal airson Rannsachadh aig Oilthigh Obar Dheathain:
    “Tha Oilthigh Obar Dheathain moiteil a bhith ag obair le com-pàirtichean air a’ phròiseact chudromach seo agus tha sinn a’ coimhead air adhart ri bhith ag obair air rannsachadh buadhmhor agus in-ghabhalach a bhios a’ cumail taic ri sgoilearan ùra agus aig a’ cheart àm a bhios a’ neartachadh eaconamaidhean roinneil agus a’ leasachadh beatha chultarail na RA. Tha an duais seo a’ daingneachadh cliù eadar-nàiseanta an Oilthigh airson sàr-mhathas rannsachaidh anns na h-ealain agus na daonnachdan, às dèidh dhuinn Doctoral Landscape AHRC fhaighinn o chionn ghoirid, agus tha e a’ sealltainn ar dealas a thaobh taic a thoirt don ath ghinealach de sgoilearan a neartaicheas na cuspairean seo.”
    Neartaichidh an iomairt seo co-obrachadh eadar an saoghal acadaimigeach, gnìomhachas agus coimhearsnachdan gus buannachdan sòisealta nas fharsainge a lìbhrigeadh le prìomh fhòcas air dèiligeadh ri fo-riochdachadh agus beàrnan sgilean san roinn a dhùnadh.
    Thuirt an t-Àrd Ollamh Michelle NicLeòid, Ceannard Sgoil Cànain, Litreachais, Ciùil agus Cultar Lèirsinnich agus Co-Rannsaiche agus Stiùiriche Buaidh is Conaltraidh air Bòrd Riaghlaidh Celtic Crescent:
    “’S e cothrom air leth a tha seo buidheann de luchd-rannsachaidh ùra a leasachadh ann an raon na h-eaconamaidh cruthachail le eòlas ann an rannsachadh ioma-chuspaireil suidhichte air àite. Tha ar fòcas air a’ phàirt chudromaich a th’ aig coimhearsnachdan dùthchail, ioma-chànanach air a’ chosta ann an gnìomhachas cruthachail na RA, aithnichte leis an riaghaltas mar chulaidh-bhrosnachaidh airson fàs eaconomach, agus ann a bhith a’ cruthachadh tàlant ùr a bhios na fheachd leasachaidh airson ùr-ghnàthachadh gnìomhachais.”
    Gheibh oileanaich PhD cothroman rannsachaidh practaigich ann an co-obrachadh le com-pàirtichean gnìomhachais agus buidhnean coimhearsnachd. Bidh am fòcas air sgilean a tha freagarrach don àm ri teachd a leasachadh agus slighean dreuchdail fhosgladh an dà chuid taobh a-staigh agus taobh a-muigh saoghal nan oilthighean, gu sònraichte ann an raointean air an riochdachadh gu leòr.
    Tòiseachaidh trusadh airson sgoilearachdan PhD Celtic Crescent an ath-bhliadhna, le oileanaich a’ tòiseachadh san fhoghar 2026.

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Green plans would wipe out millions in Council Tax debt

    Source: Scottish Greens

    08 Jul 2025 Finance

    It is time to stop the clock on cruel historical debt collection.

    More in Finance

    Decades-old Council Tax debts worth hundreds of millions of pounds will be written off if MSPs agree to changes proposed by Scottish Greens finance spokesperson Ross Greer.
     
    The proposals, tabled as amendments to the Housing Bill, would end the current situation where Council Tax debts in Scotland are chased for four times as long as other forms of debt before being written off.
     
    Data from The Telegraph published in March this year showed that almost £2 billion of Council Tax arrears have been racked up by Scottish households since the Council Tax system was introduced in 1993.
     
    This change would reduce the time limit for Council Tax arrears, at which point the debt is written off and collection efforts are stopped. The current limit for Scottish Council Tax debt is twenty years, despite English, Welsh and Northern Irish Council Tax arrears being written off after just six years.
     
    The twenty year clock also resets every time someone acknowledges or tries to pay off their debts, effectively meaning that debts are held and pursued permanently, even when there is no prospect of them being paid off.
     
    Most other forms of debt in Scotland are subject to a five year cut-off for collection efforts.
     
    If passed, this proposal would effectively cancel any Council Tax debts built up before 2020. Analysis by the Scottish Greens suggests that the move would take hundreds of millions of pounds of debt off of the shoulders of low-income and vulnerable households.
     
    It would also tackle the problem of vulnerable people not seeking help from their local council for other issues in their lives due to fear that they will be chased for debts they cannot afford to pay off.
     
    Anti-poverty campaigners including Aberlour say that current council and government debt collectors “trap families in a cycle of poverty, through seized benefits, missed payments, new loans and extortionate interest.”
     
    Ross said:

    “We need to break the decades-old cycle of poverty and debt. Scotland’s system for collecting Council tax debts is far harsher than those in the rest of the UK and that needs to end. My proposals would give relief to people who are often in no position to pay back these decades-old debts, letting them get their lives and finances back on track.

    “At the moment, the 20-year clock resets each time someone attempts to pay off or even acknowledge their debt, meaning some councils are still chasing debts from when this system started in 1993. That’s before I was even born.

    “And the fear of having bailiffs at the door means vulnerable people aren’t going to their councils for help when they really need it.

    “Council tax debt is one of the biggest drivers of Scotland’s public debt crisis, locking thousands of vulnerable people into cycles of poverty which they can’t break out of.

    “If we want to end poverty for good and make Scotland a better place to live, we have to end the systems that keep people stuck in cycles of unpayable debts. It is time to wipe out these decades-old Council Tax debts.”

    MIL OSI United Kingdom –

  • MIL-OSI New Zealand: Child Fund – World’s poorest hit by double whammy – trade war plus a war on aid

    Source: ChildFund New Zealand

    President Trump has announced his latest tariffs after a 90 day pause, confirming an increase for 14 countries, including some of the poorest.
    Today’s announcement includes 40% tariff on goods from Myanmar and Laos, and a 36% tariff on goods from Thailand and Cambodia.
    “We are still waiting to see if he will carry through on his threat to increase tariffs on Pacific Island countries,” says Josie Pagani, CEO of ChildFund.
    In April Trump announced tariffs in the Pacific, with Fiji likely to be charged the most at 32 per cent. Nauru, one of the smallest nations in the world would be hit with a 30 per cent tariff, while Vanuatu would get a 22 per cent tariff.
    The US is Fiji’s top export destination, with Fijian exports totalling $US360 million in 2023.
    Kava represents 70 per cent of Vanuatu exports, and the US is one of its primary export destinations for the local drink.
    “If Vanuatu gets lumped with a 22% tariff on top of cuts to US aid, while it is still struggling to recover from last year’s earthquake, it will be a real blow to its economy,” says Josie Pagani.
    “Being hit with a double whammy – cuts to aid budgets and a trade war – could wreak havoc on the world’s most indebted countries.”
    Low to middle-income countries’ debt levels have more than doubled since 2009 and the cost of servicing that debt has grown.
    “These tariffs make it harder for countries to trade their way out of poverty. It decreases the value of their exports, therefore reducing countries’ access to foreign currencies, which they need to pay back their external debt.”
    “There is some hope. Some developing countries will find new markets in Europe, Southeast Asia and the Pacific, including New Zealand and Australian markets. There are also other development banks who can lend to poor countries, for example the European Investment Bank and the Asian Infrastructure Investment Bank. The U.S. is not a member of either.
    “But there is no doubt that today’s tariff announcement will make it hard for countries to wean themselves off aid by increasing trade. The world is set to become a more dangerous place. The last thing we need now,” says Josie Pagani.

    MIL OSI New Zealand News –

  • MIL-OSI Asia-Pac: Enhancement Arrangements for Offshore RMB Bond Repurchase Business announced by HKMA

    Source: Hong Kong Government special administrative region

    The following is issued on behalf of the Hong Kong Monetary Authority:

    The Hong Kong Monetary Authority (HKMA) announced today (July 8) enhancements to the offshore RMB bond repurchase (repo) business (Note 1), to facilitate the participation of Northbound Bond Connect investors in repo business. In particular, the enhancements include:

    1. Supporting the rehypothecation of bond collaterals during the repo period (Note 2):

    The offshore RMB repo business has been well received by the market since its official launch on February 10, 2025. In this initial phase, the bond collaterals acquired by participating institutions are locked and managed by the Central Moneymarkets Unit (CMU) platform and cannot be re-used during the repo period. In consultation with relevant Mainland authorities and taking into account industry feedback, we will allow rehypothecation of bond collateral during the repo period, bringing this into alignment with international market practice. The enhancement will facilitate more efficient use of collaterals, reduce the financing costs for market participants, and enhance the efficiency of liquidity management.

    In particular, bond collaterals can be re-used during the repo period in four specific use cases: a) for re-use in offshore repo transactions; b) as collateral for the HKMA’s RMB Liquidity Facility; c) as margin collateral at OTC Clearing Hong Kong Limited (OTCC); and d) for cash bond trading through Northbound Bond Connect. Participating institutions shall follow relevant policies and operational rules for the respective use cases when re-using the collateral (for instance, if the collateral is re-used in a new offshore repo transaction during the repo period, the participating institution should follow the latest arrangements of offshore RMB repo business as set out further below).

    2. Supporting cross-currency repo (including HKD, USD and EUR):

    At present, offshore RMB repo can only be settled in RMB. With the enhancement, settlement in other currencies (including HKD, USD and EUR) will be supported, with a view to facilitating participating institutions’ multi-currency funding activities by collateralising onshore RMB bond holdings, enriching their liquidity management tools, and hence increasing the attractiveness of onshore bonds.

    These two enhancement measures aim to adopt international market best practices and enhance operational efficiency. They will further expand the depth and breadth of the offshore repo market, improve the market-based mechanism for offshore RMB liquidity management, and broaden the use of onshore RMB bonds as collateral in the offshore market.

    The above arrangements will be officially launched on August 25, 2025.

    Latest Arrangements of Offshore RMB Repo Business

    To facilitate the smooth implementation of the enhancement measures, the latest arrangements for offshore RMB repo transactions (including repo transactions conducted using bond collateral acquired through a repo transaction) are set out as follows:

    1. Participating Institutions:

    All existing Northbound Bond Connect investors, including CMU members and offshore investors with CMU sub-accounts opened through Hong Kong custodian banks that are CMU members.

    2. Eligible Bonds:

    Bonds held by participating institutions under Northbound Bond Connect, and bond collaterals acquired through offshore repo transactions, regardless of bond type.

    3. Market Maker Arrangement:

    The 11 Primary Liquidity Providers designated by the HKMA (Note 3) will serve as market makers. Each repo transaction must involve at least one of these market makers as a counterparty.

    4. Transaction and Settlement Arrangements:

    (a) Master Agreement: Participants may choose their own repo agreement template (e.g., Global Master Repurchase Agreement (GMRA) or National Association of Financial Market Institutional Investors (NAFMII)’s Bond Repurchase Master Agreement, etc.).

    (b) Trading Arrangement: Transactions may be conducted:
     

    1. bilaterally over-the-counter;
    2. in the same manner as existing Northbound Bond Connect transactions, and via the linkage between the infrastructures in the onshore and offshore markets;
    3. through offshore electronic trading platforms; or
    4. through onshore electronic trading platform.

    (c) Settlement Arrangement: Settlement will be completed under the Repo Service by CMU. Settlement currencies include RMB, HKD, USD and EUR.

    5. Data Reporting:

    Market makers are required to report repo transaction data (Note 4) to the HKMA on the same day of the transaction for market monitoring purpose. The HKMA will further communicate with the market makers to finalise the reporting requirements and submission channels.

    The operational details for bond transfer and settlement will be announced by CMU separately. The HKMA will continue to closely monitor market conditions to ensure orderly market operations. The HKMA will also maintain communication with the industry and review and adjust the arrangements as appropriate to support the robust and sustainable development of offshore RMB business.

    Note 1: The HKMA announced the launch of offshore RMB bond repo business on January 13, 2025 (please refer to the HKMA press release). This measure was implemented on February 10, 2025.

    Note 2: Operational details will be announced by CMU later. Currently, the rehypothecation of bond collateral is only applicable to repo transactions settled in the Delivery versus Payment model. The timeline for CMU’s tri-party repo service to support the rehypothecation of bond collateral will be notified separately in due course.

    Note 3: Including 1) Agricultural Bank of China Limited, 2) Bank of China (Hong Kong) Limited, 3) Bank of Communications Co., Ltd., 4) BNP Paribas, 5) China CITIC Bank International Limited, 6) China Construction Bank (Asia) Corporation Limited, 7) Citibank, N.A., 8) Hang Seng Bank Limited, 9) The Hongkong and Shanghai Banking Corporation Limited, 10) Industrial and Commercial Bank of China (Asia) Limited and 11) Standard Chartered Bank (Hong Kong) Limited.

    Note 4: The specific information to be reported includes: names of the trading institutions (including both the repo party and the reverse repo party), total amount of funds borrowed by the repo party, bond name, bond code, repo term, total face value, repo rate, transaction/first settlement date, settlement amount, trading platform/means, default-related information etc.

    MIL OSI Asia Pacific News –

  • MIL-OSI Africa: Gabon Oil & Gas Minister Joins African Energy Week (AEW) 2025 Amid Drive to Develop Deepwater Assets

    Source: APO – Report:

    Sosthène Nguema Nguema, Minister of Oil & Gas of Gabon, has joined the African Energy Week (AEW): Invest in African Energies conference to discuss the country’s strategic shift towards deepwater exploration. Taking place September 29 to October 3 in Cape Town, the event represents the largest of its kind on the continent and serves as the platform of choice for global operators, financiers and service providers. Minister Nguema’s participation reflects the country’s drive to work with global partners to unlock greater value from Gabon’s oil and gas sector and is expected to create new opportunities for collaboration and investment.  

    With over two billion barrels of proven oil reserves and significant gas potential, Gabon seeks to increase national oil production to upwards of 220,000 barrels per day (bpd) in the short to medium term. To achieve this goal, the country is promoting fresh investment across undeveloped acreage, notably deepwater basins, which offer significant upside potential. Deepwater exploration and production will not only generate significant returns for operators but support the country’s economic growth objectives. To entice deepwater investment, Ministry of Oil & Gas is leveraging policy reform to create a more competitive business environment for foreign operators. Following the implementation of the Hydrocarbon Code in 2019, the new government has sought to strengthen fiscal terms and regulations even further. Upcoming amendments are geared towards foreign capital and will significantly improve Gabon’s business climate.  

    AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit http://www.AECWeek.com for more information about this exciting event. 

    Beyond new investments, Gabon continues to drive a series of ambitious oil and gas projects. At the forefront of this is independent energy company Perenco’s Cap Lopez LNG terminal – situated at the existing Cap Lopez oil terminal. The $2 billion development will introduce a FLNG vessel to the market, designed to monetize the country’s offshore gas reserves and reduce gas flaring. The FLNG unit features 700,000 tons of LNG and 25,000 tons of LPG, with storage capacity of 137,000 cubic meters. Production is slated for 2026, setting the country up for accelerated energy growth and diversification. Beyond Cap Lopez, Perenco’s Gabonese projects seek to bolster national oil and gas production. The company continues to expand its upstream footprint with the commissioning of the Kombi 2 platform on the Kombi- -Likalala-Libondo II permit. Currently under construction by Dixstone at the Nieuwdorp shipyard in the Netherlands, the platform is scheduled to depart in October and enter into operation offshore Pointe-Noire by early next year.  

    In addition to Perenco, other companies are also driving ambitious projects. Notably, BW Energy signed production sharing contracts for exploration blocks Niosi Marin and Guduma Marin in 2024, covering an eight-year exploration period with a two-year extension option. The company – alongside its partner VAALCO Energy – plans to spud a well while carrying out a 3D seismic campaign. BW Energy also has stakes in the Dussafu license, which features 14 producing wells tied back to a FPSO through a 20km pipeline. Meanwhile, China’s CNOOC launched wildcat drilling on Blocks BC-9 and BCD-10 in early-2023 on the back of 1.4 billion barrels of recoverable resource potential. The state-owned Gabon Oil Company (GOC) is also ramping up its investments. The company acquired Tullow Oil’s entire Gabonese portfolio for a sum of $300 million, a transaction that includes 10,000 bpd in production and 36 million barrels of proven reserves. GOC is committed to enhancing oil production through partnerships with international operators and strategic investments in exploration and production.  

    Minister Nguema’s participation at AEW: Invest in African Energies 2025 will serve to advance the country’s oil and gas industry goals. During the event, he is expected to share insights into the country’s exploration and production landscape, highlighting upcoming investment opportunities and areas of collaboration. Through his participation, operators will gain first-hand insight into the country’s oil and gas sector.  

    “Gabon is implementing a strategic development agenda, aimed at unlocking greater resources from the country’s oil and gas industry. By focusing on deepwater acreage, working closely with international partners and committing to enhanced production flows, the country is creating a wealth of opportunities for both companies and entrepreneurs,” states Verner Ayukegba, Senior Vice Price President, African Energy Chamber.  

    – on behalf of African Energy Chamber.

    Media files

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    MIL OSI Africa –

  • MIL-OSI Economics: ICC recommendations for inclusive AI that delivers for business and society

    Source: International Chamber of Commerce

    Headline: ICC recommendations for inclusive AI that delivers for business and society

    Inclusive AI is not just a matter of fairness – it is essential for unlocking the full potential of AI for business and society alike. Without broad access to digital infrastructure, data, skills and ethical frameworks, entire markets risk being left behind, limiting innovation and economic growth, and deepening the existing digital divide.

    This not only holds back communities in the Global South but also narrows the opportunities for businesses to scale solutions, enter new markets and build globally relevant AI systems.

    Why does inclusive AI matter?

    Inclusive AI ensures that artificial intelligence systems actively empower and benefit people, regardless of geography or language. It opens new possibilities to accelerate sustainable development, supports transformative outcomes across critical sectors including healthcare and education, and drives innovation and economic growth across economies. By prioritising inclusion, we can ensure the benefits of AI are shared widely and help close existing global gaps.

    What’s holding back inclusive AI?

    Barriers such as limited digital infrastructure, lack of access to quality data and compute and significant skills gaps – especially in the Global South – are slowing inclusive AI progress. Many AI models are also not designed with diverse languages or local contexts in mind. These challenges persist despite widespread connectivity coverage. Fragmented regulatory environments, limited investment in local innovation and language barriers further widen the AI divide.

    Without targeted support, these gaps will continue to exclude large parts of the world from AI-driven development.

    ICC recommendations: what can business and governments do to achieve inclusive AI?

    1. Invest in foundational infrastructure such as clean energy, broadband connectivity, and sustainable data centres.
    2. Expand access to high-quality, interoperable public data.
    3. Ensure inclusive digital education and workforce training across all levels.
    4. Promote homegrown innovation, including linguistic inclusion and support for local AI ecosystems.
    5. Adopt national strategies that align with international ethical frameworks.
    6. Update regulatory systems, particularly around data governance, privacy, and cybersecurity.
    7. Integrate AI standards into public procurement.

    More insights

    Digital economy

    Overarching narrative on artificial intelligence 

    MIL OSI Economics –

  • MIL-OSI Economics: ICC recommendations for inclusive AI that delivers for business and society

    Source: International Chamber of Commerce

    Headline: ICC recommendations for inclusive AI that delivers for business and society

    Inclusive AI is not just a matter of fairness – it is essential for unlocking the full potential of AI for business and society alike. Without broad access to digital infrastructure, data, skills and ethical frameworks, entire markets risk being left behind, limiting innovation and economic growth, and deepening the existing digital divide.

    This not only holds back communities in the Global South but also narrows the opportunities for businesses to scale solutions, enter new markets and build globally relevant AI systems.

    Why does inclusive AI matter?

    Inclusive AI ensures that artificial intelligence systems actively empower and benefit people, regardless of geography or language. It opens new possibilities to accelerate sustainable development, supports transformative outcomes across critical sectors including healthcare and education, and drives innovation and economic growth across economies. By prioritising inclusion, we can ensure the benefits of AI are shared widely and help close existing global gaps.

    What’s holding back inclusive AI?

    Barriers such as limited digital infrastructure, lack of access to quality data and compute and significant skills gaps – especially in the Global South – are slowing inclusive AI progress. Many AI models are also not designed with diverse languages or local contexts in mind. These challenges persist despite widespread connectivity coverage. Fragmented regulatory environments, limited investment in local innovation and language barriers further widen the AI divide.

    Without targeted support, these gaps will continue to exclude large parts of the world from AI-driven development.

    ICC recommendations: what can business and governments do to achieve inclusive AI?

    1. Invest in foundational infrastructure such as clean energy, broadband connectivity, and sustainable data centres.
    2. Expand access to high-quality, interoperable public data.
    3. Ensure inclusive digital education and workforce training across all levels.
    4. Promote homegrown innovation, including linguistic inclusion and support for local AI ecosystems.
    5. Adopt national strategies that align with international ethical frameworks.
    6. Update regulatory systems, particularly around data governance, privacy, and cybersecurity.
    7. Integrate AI standards into public procurement.

    More insights

    Digital economy

    Overarching narrative on artificial intelligence 

    MIL OSI Economics –

  • MIL-OSI Russia: Chinese Premier Calls for Commitment to Building Open Global Economy

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

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

    RIO DE JANEIRO, July 8 (Xinhua) — Addressing the plenary sessions of the 17th BRICS summit on Sunday and Monday, Chinese Premier Li Qiang called for commitment to building an open world economy, opposed unilateralism and protectionism, and stressed the need to maintain stability and smooth operation of industrial and supply chains.

    At the plenary sessions, the Chinese premier also touched upon topics such as strengthening multilateralism, artificial intelligence, environmental protection and climate change, and global health. The sessions were attended by leaders of BRICS countries, partner countries, guest countries, and representatives of international organizations.

    Li Qiang noted that the current international economic and trade order and the multilateral trading system are facing serious challenges, and global economic recovery remains a difficult task. In expanding cooperation, BRICS should remain true to the founding purpose of the organization, meet the demands of the times, uphold and practice multilateralism, promote a fair and open international economic and trade order, join forces in the Global South, and make greater contributions to global stability and development, he said.

    According to the Prime Minister, when expanding cooperation, BRICS must support the basic principles of the World Trade Organization (WTO) and promote liberalization and simplification of trade and investment procedures.

    Mentioning the establishment of the China Cooperation Center for the Development of Special Economic Zones in the BRICS countries this year, Li Qiang expressed China’s readiness to work with all parties to build a network of practical cooperation.

    He called on all parties to remain committed to strengthening international financial cooperation, expressing support for the expansion and strengthening of the New Development Bank and welcoming the willingness of countries in the Global South to invest in China’s financial market.

    He called for an accelerated review of the World Bank’s equity stakes and the adjustment of quota shares by the International Monetary Fund, and stressed the need to enhance the representation and voice of developing countries.

    Li Qiang noted that greater cooperation within BRICS should open up a “new blue ocean” of economic growth, calling for cooperation in new areas such as the digital and green economy, to make artificial intelligence (AI) the driving force of all industries and benefit every household, and to help strengthen the capacity of countries in the Global South.

    China will launch the Global South Digital Development Initiative under the Global Development Initiative and plans to provide 200 training programs on digital economy and AI to Global South countries over the next five years, he said.

    He added that China welcomes the participation of all countries in the World Conference on Artificial Intelligence to be held later in July.

    Highlighting the growing risks in the areas of climate, environment and health, Li Qiang said the international community should form a broad consensus, take active actions and join efforts to address common challenges.

    He called on the international community to strengthen global synergy in combating climate change, resolutely implement the UN Framework Convention on Climate Change and the Paris Agreement, adhere to the principle of common but differentiated responsibilities, and deepen cooperation in clean energy, carbon markets and other areas.

    Developed countries must fulfill their commitments to climate change financing, technology transfer and other areas, Li Qiang stressed.

    According to him, the world must achieve more tangible results in the field of environmental protection, adhere to the principle of harmonious coexistence between humanity and nature, advocate for a systems approach to management and more effectively implement the Convention on Biological Diversity and the UN Convention to Combat Desertification.

    He also called for increased capacity building for public health systems, calling on the international community to support the World Health Organization’s coordinating role in global health governance, make full use of platforms such as the BRICS Vaccine Research and Development Centre, and provide more public goods to countries in the Global South.

    China always fulfills its obligations and makes active contributions to global challenges within its capabilities, Li said, adding that China will continue to take concrete actions, fulfill its responsibilities and cooperate with all parties to promote greener, healthier and more sustainable global development.

    The summit resulted in the adoption of the BRICS Leaders’ Statement on Global Governance in Artificial Intelligence and the BRICS Leaders’ Framework Declaration on Climate Finance. –0–

    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 Africa: Taxpayers urged to use digital platforms to communicate with SARS

    Source: Government of South Africa

    Taxpayers urged to use digital platforms to communicate with SARS

    As the filing season for individuals is underway, the South African Revenue Service (SARS) Commissioner, Edward Kieswetter, has encouraged taxpayers to use SARS’s digital channels to engage with the organisation. 

    “Taxpayers do not have to expose themselves to the elements in this cold weather and stand in queues. They can conduct their tax affairs in the comfort of their homes rather than pay taxi fares,” Kieswetter said on Monday.

    The Commissioner made these comments during his visit to the SARS’s Alberton Taxpayer Service Centre, where he reviewed the state of readiness as Auto Assessment begins, running from 7 to 20 July 2025.

    During his visit, he was accompanied by Minister of Finance, Enoch Godongwana, who expressed his satisfaction at SARS’s state of readiness to deliver a successful and easy Filing Season for taxpayers.

    The Minister and the Commissioner interacted with taxpayers, most of whom had visited the offices to update and verify their registered details, including changing emails, banking information, and cellphone numbers.

    Some of the taxpayers had visited the branch to settle matters related to their outstanding tax debt and returns.

    SARS stressed that there is no need to visit a SARS branch but if taxpayers must, they should first book an appointment to avoid long queues.

    SARS has started to issue Auto Assessments to taxpayers whose tax affairs are less complicated. If taxpayers agree with their Auto Assessment, no further action is required from them.

    “Acceptance is automatic, so taxpayers need not manually accept the Auto Assessment. Taxpayers are advised to wait for the SMS/email notice before logging in to eFiling or the SARS MobiApp.

    “Refunds less than R100 due to taxpayers will automatically be paid into their bank accounts within 72 hours once the assessment is completed,” SARS said.

    Filing Season 2025 opened for non-provisional and some provisional taxpayers who were not auto-assessed. 

    The filing period for non-provisional taxpayers is from 21 July to 20 October 2025. Provisional taxpayers’ filing window will close on 19 January 2026.

    The following dates should be diarised for this year’s Filing Season: 
    •    Issuing of Auto Assessment notices: 7 – 20 July 2025.
    •    Individual taxpayers (non-provisional): 21 July – 20 October 2025.
    •    Provisional taxpayers: 21 July 2025 – 19 January 2026.

    “Taxpayers are urged to be extremely careful and keep their details confidential. In the run-up to Filing Season, there will be many attempts from scammers to defraud taxpayers. 

    “Scammers can present themselves as SARS officials to steal taxpayers’ personal details, make them click on links, or pay money into an account. SARS will never ask taxpayers to use any link. Taxpayers must protect their eFiling login details and use only registered tax practitioners,” SARS said.

    Information on the latest scams can be found on the SARS website: www.sars.gov.za. 

    To report or request information on phishing, taxpayers can send an email to phishing@sars.gov.za. To avoid penalties, taxpayers must submit accurate information promptly. 

    For a smooth and easy Filing Season 2025, taxpayers are urged to use the following communication channels with SARS:
    •    SARS Website: visit www.sars.gov.za and click on the “Individuals” tab.
    •    SARS Online Query System (SOQS): https://tools.sars.gov.za/soqs.
    •    SARS WhatsApp: send “Hi” or “Hello” to 0800 117 277.
    •    AI Virtual Assistant: available 24/7 on the SARS website to answer queries.
    •    Dial *134*7277#: to access SARS services.
    •    SARS YouTube: visit @sarstax for how-to videos.

    – SAnews.gov.za

    nosihle

    MIL OSI Africa –

  • MIL-OSI United Kingdom: Largest ever budget for water regulation

    Source: United Kingdom – Executive Government & Departments

    Press release

    Largest ever budget for water regulation

    New analysis reveals largest budget for Environment Agency’s water regulation in history

    • New analysis reveals largest budget for Environment Agency’s water regulation in history
    • Massive cash injection comes through charges on water companies not from taxpayers, meaning polluters pay
    • The Water (Special Measures) Act introduces new levies to pay for water company enforcement activities

    The largest ever budget for tackling water pollution has been handed to the country’s water watchdog, as part of the government’s plan to deliver the most significant increase in enforcement powers in a decade.

    The Environment Agency, who are in charge of water company inspections and prosecutions for environmental damage, will receive a cash injection of over £189m this financial year. This will fund more enforcement officers, improved equipment and the latest technology for the regulator.

    This year alone it will carry out more than 10,000 inspections of water company assets and has already launched a record 81 criminal investigations into water company pollution incidents since July 2024.

    Funding has increased by 64% since 2023/2024, with all of this increase coming from charges paid by water companies rather than from the public purse. This will mean it is the polluter that paying the cost of regulating the sector, not taxpayers.

    Environment Secretary Steve Reed said:

    The public are furious about sewage pollution in our rivers, lakes and seas.

    This government is cleaning them up, including the biggest boost to enforcement in a decade paid for by the water companies responsible for it.

    Our changes give the water watchdog the resources they need to tackle pollution and clean up our rivers, lakes and seas for good – all part of the Government’s Plan for Change.

    The Environment Agency has agreed to deliver tough efficiency targets over as part of the spending review, to ensure that this money is targeted on frontline delivery and enforcement. Already, the EA has driven efficiency savings of over £23 million during 2024/25. 

    As a further boost, a new levy on the water sector, which is subject to consultation, will allow the EA to recover the cost of their enforcement activities in the sector – a power granted through the landmark Water (Special Measures) Act, making it easier for the regulator to take enforcement action when needed.

    In addition, the EA’s programme of farm inspections has been boosted, with 6,000 a year by 2029 planned, to support the agricultural sector reduce pollution into waterways.

    Notes to editors

    • We inherited a broken water system with record levels of sewage being pumped into our waterways. The Government is committed to cleaning up our rivers, lakes and seas for good.

    • Enforcement:

    • The Government has launched the largest crackdown on water companies in history. The era of profiting from pollution is over.
    • Unfair bonuses have now been banned, a record 81 criminal investigations have been launched into sewage pollution and polluting water bosses who cover up their crimes now face prison sentences.

    • This funding will boost the Environment Agency’s investigation and enforcement capabilities.

    • Investment:

    • The Government has secured the largest investment into the water sector in history to clean up rivers, lakes and seas in communities across the country.

    •  £104bn in private sector investment is being invested to upgrade crumbling sewage pipes and cut sewage by nearly half by 2030.

    • Modernisation:

    • The recommendations of the Independent Water Commission, a once-in-a-generation opportunity to modernise the water industry, will form the basis of further legislation later this parliament to ensure the sector is fit for the decades to come and clean up our rivers, lakes and seas for good.
    1. Table 1 sets out the key EA funding streams related to Water Quality, dating back to 2022/23.
    2. EA funding comes from two main sources:

    a. Grant-in-Aid funding from Defra. This pays for the EA to carry out its statutory duties, from water quality monitoring to waste crime investigations. This funding decreased slightly in 2025/26 because it is being replaced by an increase in charge income, which now covers the cost of water company inspections and enforcement.

    b. Charge income. This mostly consists of charges paid by water companies for their permits (initial application fee and annual subsistence charges). It also includes the EA’s proposed water levy and some income from other government departments.

    Table 1: Summary of the separate funding streams relating to WQ, from 2022-2026.

    Income stream (£m) 22/23 23/24 24/25 25/26
    Statutory duties including WQ (GiA) 17 19 20 22
    Specific transfers for WQ (GiA) 18.7 18.3 24.1 14.8
    WQ charge income (including permit charges and proposed levy income) 74 73 113 149
    Other income from govt departments 4 4 4 4
    Total 114 115 161 189

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom –

  • BRICS must amplify voice of Global South: FM Nirmala Sitharaman

    Source: Government of India

    Source: Government of India (4)

    Union Finance and Corporate Affairs Minister Nirmala Sitharaman, while attending the BRICS Finance Ministers and Central Bank Governors Meeting in Rio de Janeiro on Monday, underscored the importance of the BRICS grouping in representing the interests of the Global South.

    Highlighting India’s economic resilience, Sitharaman credited strong domestic demand, sound macroeconomic management, and targeted fiscal measures for the country’s robust performance. She also noted that India’s policy response to global trade and financial restrictions has focused on market diversification, infrastructure-led growth, and structural reforms to enhance competitiveness and productivity.

    Calling BRICS a vital platform for promoting inclusive multilateralism, the Finance Minister emphasized that at a time when global institutions face crises of legitimacy and representation, BRICS must lead by example – reinforcing cooperation, pushing for credible reforms, and amplifying the voice of the Global South.

    Sitharaman also stressed that while South-South cooperation is crucial to achieving climate and development goals, the Global South should not be expected to bear the primary burden of climate action. She urged deeper cooperation among BRICS nations on sustainable development.

  • MIL-OSI: Monexis Expands Global Reach with Advanced Multi-Access Trading Platform Tailored for All Levels

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — As retail and professional traders seek smarter, more personalized tools in today’s dynamic financial markets, Monexis has emerged as a powerful ally—offering a next-generation, multi-access trading platform designed to meet the needs of global investors. Combining real-time data, AI-powered insights, and educational support, Monexis is redefining digital trading through personalized strategies, transparent operations, and user-friendly technology across more than 20 countries.

    With a focus on customized strategies, educational empowerment, and cutting-edge technology, Monexis is redefining what it means to support traders at every level. Headquartered in New York and serving clients in over 20 countries, the company continues to expand its global footprint while maintaining a sharp focus on individual investor success.

    A Tailored Approach to Trading Success

    Monexis distinguishes itself through personalized trading strategies tailored to each client’s financial goals, experience level, and risk profile. Whether a trader is seeking long-term portfolio growth, short-term gains, or diversification through cryptocurrency, Monexis works closely with them to design strategies that are both practical and performance-driven.

    This individual approach ensures that every user has a clear path to follow, one that is based on logic, market data, and their own financial objectives.

    Technology Meets Simplicity on the Monexis Platform
    At the heart of Monexis’s offering is its intuitive and feature-rich trading platform, where technology meets investment insight. The platform is equipped with:

    • Real-time market data
    • Advanced charting and analytical tools
    • Integrated portfolio management
    • Smart strategy builders

    Users can easily monitor their trading activity, analyze performance, and execute trades efficiently. The seamless interface is designed for both beginners and experienced traders, minimizing complexity while maximizing functionality.

    The platform also incorporates customized insights and personalized dashboards, giving traders a competitive edge in fast-moving markets.

    Education and Support as Strategic Tools
    Monexis recognizes that knowledge is a powerful asset in trading. That’s why it offers a comprehensive educational ecosystem to help traders build confidence and sharpen their decision-making. 

    The resource library includes:

    • Text lessons for beginners and advanced traders
    • On-demand video tutorials (VODs)
    • Cryptocurrency fundamentals and strategies
    • Guides on fundamental and technical analysis
    • Tools for trend identification, risk management, and market prediction

    These resources are supported by 24/5 technical support and access to real-time market signals, ensuring traders are never left without guidance when they need it most.

    Whether you’re navigating your first trade or refining an advanced investment strategy, Monexis ensures that education and support are always within reach.

    Globally Connected and Regionally Aware
    Monexis operates in a growing list of countries across the Americas, Europe, Asia, and Africa, including the United States, India, Brazil, Germany, South Africa, Japan, Australia, and the United Kingdom. This global reach allows the company to deliver culturally and regionally tailored insights while maintaining access to up-to-date international financial news, events, and policy updates.

    Users benefit from detailed market reports, trend analysis, and coverage of global economic movements, all aimed at helping them make informed, timely decisions.

    Account Types Designed for Every Trader
    Monexis understands that traders have different needs and investment capacities. To accommodate this, the platform offers four distinct account tiers, each with its own features and benefits:

    Basic Account (€250 minimum)

    • 24/5 tech support
    • 48-hour withdrawal time
    • Ideal for beginners looking to explore trading

    Standard Account (€2,500 minimum)

    • 24-hour withdrawals
    • 1:100 leverage
    • Bonuses up to 50%
    • Signals and basic consultations

    VIP Account (€10,000 minimum)

    • 12-hour withdrawals
    • 1:200 leverage
    • Bonuses up to 100%
    • Enhanced signals, consultations, and insurance
    • Personal account manager

    Prime Account (€50,000 minimum)

    • 3-hour withdrawals
    • 1:400 leverage
    • Bonuses up to 150%
    • Full access to all tools, training, and personal services

    Each account level is structured to grow with the trader, offering increasingly valuable services and faster execution as investment levels increase.

    Trusted Operations and Transparent Compliance
    Monexis Inc. is legally registered and operates under the laws of the State of New York, United States. The platform adheres to strict AML (Anti-Money Laundering) and KYC (Know Your Customer) protocols to ensure secure, transparent, and compliant operations.
    All users are encouraged to review the platform’s privacy policy, client agreement, AML/KYC policy, and risk notices before opening an account.

    Monexis at a Glance

    • Headquarters: New York, United States
    • Website: www.monexis.org
    • Customer Support: +1 (800) 441‑7760
    • Email: support@monexis.org
    • Global Reach: Clients in over 20 countries
    • Platform Features: Real-time data, technical tools, personalized dashboards
    • Education Resources: VODs, guides, analysis tools, calculators, news
    • Support: 24/5 tech assistance and multilingual customer service
    • Compliance: Full adherence to U.S. regulations, AML/KYC policies

    Conclusion
    Monexis brings together the essential pillars of modern trading: personalized strategy, technological excellence, continuous education, and global insight. With a flexible account structure, round-the-clock support, and a platform designed to empower users of all levels, Monexis positions itself as a reliable and forward-focused trading solution for the global investor community.

    To learn more or to get started, visit www.monexis.org.
    Disclaimer: This press release is provided by the Monexis. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6c7f295b-3cdc-4f79-a007-b281fe2e86d5

    The MIL Network –

  • MIL-OSI: The Ultra X System under PQTIC Partners with Chain Trade Exchange to Announce Successful Technical Integration: Ushering in a New Era of Smart Cryptocurrency Trading

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — With the rapid development of blockchain technology and artificial intelligence, cryptocurrency trading is entering a new era of intelligence. In this wave, Chain Trade Exchange and the innovative trading system Ultra X have announced the successful technical integration, working together to create an efficient and secure trading experience for global investors. The Ultra X system reads market data and liquidity information (excluding user data) from the Chain Trade Exchange, supports real-time training, and assists investors in achieving automated trading on the Chain Trade platform. This collaboration marks an important step forward in making cryptocurrency trading smarter and more transparent.

    Intelligent Upgrade of the Cryptocurrency Market
    In recent years, the cryptocurrency market has experienced explosive growth. Investors’ demand for efficient, secure, and intelligent trading tools has become increasingly urgent. Since its establishment in Denver, Colorado, in 2019, Chain Trade Exchange has remained at the forefront of the industry, leveraging its global influence, with services in over 180 countries and 150 million registered users, as well as the ability to support trading of over 350 cryptocurrencies. Meanwhile, the Ultra X system, as a cutting-edge AI trading tool, provides investors with precise market insights and trading execution capabilities through data-driven analysis and automated strategies.
    In this collaboration, the Ultra X system successfully integrated with Chain Trade Exchange’s market data interface, enabling seamless access to real-time market prices and liquidity data. This technological breakthrough not only enhances Ultra X’s real-time training capabilities but also offers investors powerful tools for automated trading on the Chain Trade platform, while strictly safeguarding user privacy and ensuring data security.
    The Synergistic Advantages of Ultra X and Chain Trade
    Chain Trade Exchange is known for its low fees, high security, and diversified services. The platform supports spot trading, wealth management products, hot and cold wallets, and utilizes multi-signature technology, cold storage solutions (protecting over 90% of assets), and independent Proof of Reserves (PoR) to ensure that user assets are fully backed on a 1:1 basis. Its professional security team monitors the system around the clock, combining strict Anti-Money Laundering (AML) protocols and working with global regulators to provide users with a transparent and trustworthy trading environment.

    Ultra X System Focuses on Intelligent Trading

    The Ultra X system focuses on intelligent trading by utilizing machine learning and big data analytics to process market conditions in real-time and generate efficient trading strategies. Its core features include:

    • Real-time Training: Using Chain Trade’s market and liquidity data (excluding user data), the system simulates real trading environments to enhance prediction and execution capabilities.
    • Automated Trading: Investors can set automated trading strategies through Ultra X on the Chain Trade platform, enabling 24/7 market participation without manual intervention.
    • Data Privacy: Ultra X only reads publicly available market data and strictly adheres to privacy protection standards to ensure the security of user data.
      “The collaboration between Ultra X and Chain Trade is a perfect blend of technology and trust,” a Chain Trade spokesperson said. “We provide stable market data support to Ultra X, helping investors make smarter trading decisions while ensuring data security and platform compliance.”

    Empowering Investors with Intelligent Trading Experience

    The integration of the Ultra X system with Chain Trade brings significant benefits to users:

    • Precise Market Insights: Ultra X analyzes Chain Trade’s market and liquidity data in real-time, offering instant trend predictions that help investors seize market opportunities.
    • Automation Efficiency: Investors can set personalized trading strategies with Ultra X, automatically executing buy and sell orders, saving time and reducing the risk of emotional trading.
    • Security and Transparency: Ultra X does not access user data and, combined with Chain Trade’s op-tier security measures and proof of reserves, ensures a secure and trustworthy trading process.
    • Flexible Applications: Whether beginners or professional traders, Ultra X’s intuitive interface and Chain Trade’s diverse trading pairs (350+ cryptocurrencies) complement each other, meeting various needs.

    An early Ultra X user shared: “Using Ultra X on Chain Trade has made my trading more efficient. The automated trading feature helps me seize market opportunities, and Chain Trade’s security makes me feel completely safe.”

    Dual Assurance of Compliance and Security

    Chain Trade Exchange places a high priority on compliance, following strict AML protocols for user identity verification and risk assessment, and uses a real-time trade monitoring system to detect suspicious activities. The platform regularly submits suspicious transaction reports to regulators and cooperates with international law enforcement agencies to ensure global legal and regulatory compliance. The Ultra X system also ensures data privacy, only processing publicly available market data, seamlessly integrating with Chain Trade’s compliance framework to offer users dual trust guarantees.

    “We are committed to building a safe and transparent trading ecosystem,” the Ultra X team stated. “Our partnership with Chain Trade allows us to focus on technological innovation while relying on their leading compliance and security standards.”

    Pioneering the Future of Cryptocurrency Trading

    The collaboration between Ultra X and Chain Trade has not only enhanced trading efficiency but also set a benchmark for the intelligent development of the cryptocurrency industry. In the future, both parties plan to deepen their integration and explore the fusion of decentralized finance (DeFi) and AI-driven trading, offering investors more innovative tools. Chain Trade will also continue to expand its services by launching an NFT trading market and enterprise-level blockchain solutions to solidify its global leadership.

    Join Ultra X and Chain Trade, Embrace the Era of Intelligent Trading

    For investors seeking to stand out in the cryptocurrency market, the combination of Ultra X and Chain Trade offers unparalleled opportunities. Contact support@CTANTE.com or visit the official Chain Trade website to experience the intelligent trading features of the Ultra X system and embark on your digital wealth journey.

    About Chain Trade Exchange

    Chain Trade Exchange was established in 2019 and is headquartered in Denver, Colorado, USA. It serves over 180 countries, with 150 million users, and supports more than 350 cryptocurrencies. As a leading global digital asset platform, Chain Trade provides trading, wallet, and blockchain consulting services, dedicated to driving the development of the digital economy.

    About Ultra X System

    Ultra X is an AI-driven trading system focused on market analysis and automated trading. By partnering with leading trading platforms, Ultra X provides investors with efficient, transparent trading solutions without directly handling user data.

    Official Website: https://pqtic.com/
    Contact Name: Jim Williams
    Corporate Email: service@pqtic.com

    Disclaimer: This press release is provided by the PQTIC. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/587c2e69-4bfd-487c-a5b4-c3e75c1d3538

    https://www.globenewswire.com/NewsRoom/AttachmentNg/bb5e694b-5c63-4963-b30c-16b6cdb74ea5

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    The MIL Network –

  • MIL-OSI Africa: Global Financing Shifts to Advance African Coal, Uranium Prospects Ahead of African Mining Week (AMW) 2025

    Source: APO


    .

    As Africa moves to fully harness its coal and uranium resources for economic growth, major shifts in the global financing landscape in 2025 are set to unlock new opportunities across the continent. In June, international finance institution The World Bank lifted its ban on financing nuclear projects – marking its re-entry into the nuclear value chain for the first time since 1965. In May, the U.S. export agency the Export-Import Bank of the United States (EXIM) ended its 12-year restriction on funding international coal projects.

    Coal, uranium and investment market trends will take center stage at the upcoming African Mining Week (AMW) 2025 – Africa’s premier gathering for mining stakeholders – taking place on October 1 – 3 in Cape Town. The event will feature high-level panel discussions, project showcases and exclusive networking sessions, showcasing how global capital and African leadership are aligning to unlock the potential of coal and uranium value chains for sustainable development.

    Africa’s coal sector has seen notable progress in 2025. In March, South Africa’s Seriti Resources launched the R500 million Naudesbank Colliery in Mpumalanga Province, producing one million tons annually in its first phase. The launch reinforces South Africa’s role as the continent’s leading coal producer. Concurrently, mining company Menar is advancing several coal and anthracite projects with a R7 billion investment plan through 2026, including the Bekezela and Sukuma mines in South Africa’s Gauteng province. The initiatives align with South Africa’s decision to classify coal as a critical mineral due to its economic and strategic importance. Ethiopia is also ramping up exploration, with coal reserves now estimated to exceed one billion tons. At AMW, a panel titled Coal’s Indispensable Role: Powering Africa’s Downstream Processing and Manufacturing Boom will showcase policies and incentives being used by African markets to attract investments across the coal value chain.

    On the uranium front, the World Bank’s ban reversal offers renewed access to international financing – creating a pathway for expansion in Africa’s uranium-rich countries. Several projects have gained momentum in 2025. Lotus Resources is progressing with its 3-million-pound-per-year Letlhakane Uranium Project in Botswana, as well as the Kayelekera Mine in Malawi. In Tanzania, Moab Minerals secured a $500,000 investment from European Lithium for its Manyoni Uranium Project. Meanwhile, GoviEx Uranium is advancing development of its Muntanga Project in Zambia, with an expected annual output of 2.2 million pounds. Additionally, countries including Namibia, Mali, Ghana, Senegal, the Republic of Congo and Kenya have signed agreements to develop nuclear energy programs, underlining Africa’s growing focus to leverage its vast uranium resources for energy resilience. The continent’s biggest uranium producers Niger and Namibia also have several new and expansion projects underway.

    These milestones represent a new era of investment potential across Africa’s coal and uranium industries, with African Mining Week 2025 serving as a key platform for governments, investors and industry stakeholders to collaborate and catalyze long-term growth.

    Distributed by APO Group on behalf of Energy Capital & Power.

    About African Mining Week:
    African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.

    MIL OSI Africa –

  • MIL-OSI: Acquire.Fi Serves as Introducer and M&A Consultant to Omni Acquisition Corp. (Echo Base Holdings Affiliate) in Strategic Acquisition of Premier Web3 Wallet Omni

    Source: GlobeNewswire (MIL-OSI)

    Acquire.Fi Serves as Introducer and M&A Consultant to Omni Ltd. in Strategic Acquisition

    TORTOLA, British Virgin Islands, July 08, 2025 (GLOBE NEWSWIRE) — Acquire Fi LTD, A Premier Web3 M&A Marketplace announced recently that Omni Acquisition Corp. (“OAC”), an affiliate of Echo Base Holdings (“Echo Base”), recently acquired the assets, operations, and key staff of Omni Wallet (“Omni”), a leading multi-chain Web3 self-custodial wallet and portfolio management system, from Omni Ltd. Acquire.Fi introduced and consulted Omni in the strategic transaction.

    Omni’s platform offers comprehensive features, including swapping, staking, lending, token management, DeFi, NFTs, and more, all within a mobile-first interface. With support for over 25 blockchain networks, Omni aims to simplify digital portfolio management for users worldwide.

    “From the beginning, our goal at Omni has been to simplify digital portfolio management and give users access to all of Web3 in one approachable, effective, and engaging app,” said Serafin Lion Engel, CEO of Omni and StakeKit. “Joining the Echo Base ecosystem will supercharge Omni’s growth trajectory as the home for all things staking and DeFi. We’re excited to see Omni reach new heights with the Echo Base team.”

    Jan Strandberg, CEO of Acquire.Fi said “We’re thrilled to see both teams align for the next stage of growth. Once we understood the goals and synergies on both sides, it was clear that this introduction and advisory engagement would lead to a strong strategic fit. We’re proud to have played a role in facilitating a deal with such long-term potential.”

    About Acquire.Fi

    Acquire.Fi is the leading M&A and secondary marketplace for Web3, facilitating introductions and consultations in strategic acquisitions, secondaries, and token asset transfers across the decentralized economy. With over eight figures in closed transactions and more than $600 million in active deal flow, Acquire.Fi connects top-tier buyers and sellers—ranging from Institutions and exchanges to venture-backed startups and token foundations.

    The platform supports a wide spectrum of deal types, including full business acquisitions, team acquihires, and secondary transactions. Acquire.Fi also operates a robust liquid token OTC desk, assisting foundations and institutional investors with stablecoin liquidity solutions. In addition, the firm offers exclusive investor access to community fundraising rounds and provides hands-on advisory and execution services, leveraging a team with over 50 years of combined industry experience.

    To explore active listings or join the deal flow, visit:
    Marketplace | Secondaries | Telegram Channel

    About Omni

    Launched in 2021, Omni is a comprehensive Web3 wallet supporting assets across 25+ blockchain networks, enabling seamless token management, DeFi activity, NFTs, and multi-chain staking with a single mnemonic. It aggregates bridging and DEX services for efficient swaps, abstracts staking complexity, integrates Ledger for security, and offers WalletConnect, fiat on-ramp, and broad NFT support. All in a smooth, user-friendly, mobile-first design. www.omni.app

    About Echo Base Holdings Ltd.

    Founded in 2025, Echo Base is a private holding company pursuing special situation control investments in the digital assets space. Its global crypto team possesses deep experience in both the scaling of new ventures and the restructuring of complex assets. Echo Base seeks to leverage operational and technical synergies across its portfolio companies to drive innovation. www.eb.global

    For more information, please contact:
    Jan Strandberg
    team@acquire.fi

    Disclaimer: This content is provided by Acquire.Fi. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/aa108538-1ce1-4f21-a3dd-66f462a267bf

    The MIL Network –

  • MIL-OSI United Kingdom: New UK support to power green growth at home while tackling climate change abroad

    Source: United Kingdom – Executive Government & Departments

    News story

    New UK support to power green growth at home while tackling climate change abroad

    Senior Cabinet ministers meet City of London leaders as Foreign Secretary announces new climate support

    • Foreign Secretary announces new funding to make it easier for countries to access UK private sector climate finance and disaster risk insurance, driving UK green growth.

    • Support comes as senior Cabinet ministers meet City of London leaders to discuss UK financial sector’s role in boosting sustainable finance for emerging markets and developing economies.

    • David Lammy to set out the economic opportunity for the UK and the City of London, in line with the government’s Plan for Change—with emerging markets expected to drive 65% of global growth by 2035.

    New support will help millions of people globally deal with the daily impact of climate change, the Foreign Secretary David Lammy has today announced (Tuesday 8 July).

    A £12m commitment for disaster relief finance and insurance will help climate-vulnerable countries better prepare for the impact of disasters like hurricanes and drought. 

    This funding is triggered by certain warning signs—such as a weather event or forecast—to enable faster payouts and a more effective response.

    Backed by the UK financial sector, this will also help drive domestic green growth and unlock jobs, opportunity and security for people in the UK.

    This new funding comes as Cabinet Ministers from the Treasury, Foreign Office, DESNZ and DEFRA will today meet leaders from the financial sector. They will collectively discuss how to champion UK-based investors and financial institutions to channel investment into climate initiatives in emerging markets.

    Foreign Secretary David Lammy said:

    The climate and nature crisis is the greatest global challenge we face. Failure to act will cause unprecedented environmental damage, fuelling displacement, conflict and famine.

    Tackling this crisis is also a huge opportunity for people and businesses here in the UK, delivering on our Plan for Change. The green sector is worth trillions of pounds, and I’m determined that we seize the economic growth, jobs and security it offers.

    The City of London, the world’s leading sustainable development financing hub, has a crucial role to play in this.

    Today’s measures, in support of the UK government’s Plan for Change, will help unlock sustainable finance from the UK and elsewhere, and ensure developing countries can better manage climate shocks themselves.

    This effort will help foster sustainable growth and protect the most climate vulnerable nations. Global climate investment is increasing rapidly, hitting $2.1 trillion last year, and the government sees the City of London in a prime position to capitalise on this opportunity.

    Last year the UK’s green sector grew three times faster than the economy as a whole, attracting £43bn of private investment. With London ranked as the world’s top sustainable finance centre, the UK is uniquely positioned to grow this industry further by helping to unlock finance for emerging markets that will drive 65% of global growth by 2035.

    The £12 million for pre-arranged finance will cut the cost of responding to disasters and accelerate the time it takes them to recover from such shocks.

    This follows the UK launching a global coalition with its partners last week, to scale up pre-arranged finance tenfold by 2035, alongside a coalition to drive greater investment for developing economies through public markets. This was announced by the Minister for Development Baroness Chapman at the 4th International Conference on Financing for Development in Sevilla, Spain.

    The Foreign Secretary is also today announcing that the UK’s Financial Services Centre of Expertise will help financial regulators across ASEAN access expertise from the Financial Conduct Authority. The initiative will focus on regulatory alignment across ASEAN markets to deliver green growth opportunities for UK investors. 

    BACKGROUND:

    • It’s the first time multiple cabinet ministers will be attending a meeting with leaders from the City of London together, signalling a growth opportunity on climate action.
    • The UK will be first country to annually publish pre-arranged finance as a percentage of overall crisis finance spending, with the aspiration of increasing this over time.

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI Banking: BSTDB Invests EUR 40 million to Support Bulgaria’s Energy Security and Regional Integration

    Source: Black Sea Trade and Development Bank

    Press Release | 08-Jul-2025

    Financing Will Strengthen Bulgarian Energy Holding

    In a strategic move to advance energy resilience, sustainable infrastructure, and economic integration in the Black Sea region, the Black Sea Trade and Development Bank (BSTDB) has invested EUR 40 million in the latest bond issuance by the Bulgarian Energy Holding EAD (BEH), Bulgaria’s state-owned energy leader and a major electricity exporter in the Balkans.

    The BSTDB financing will support BEH in implementing strategic investment projects in the country, particularly the modernization of the national electricity transmission infrastructure. These investments aim to strengthen the country’s energy security, improve system reliability, and contribute to broader economic development.

    The investment also supports the goals of the Black Sea Economic Cooperation (BSEC) agenda by fostering infrastructure connectivity and sustainable energy systems — key pillars of regional development and integration among BSEC Member States.

    “Energy sector development is one of BSTDB’s top priorities in Bulgaria and across the Black Sea region,” said Dr. Serhat Köksal, President of BSTDB. “We are pleased to continue supporting Bulgarian Energy Holding’s investment programme, which aligns with our mandate to promote regional economic cooperation and integration. Enhancing energy infrastructure not only serves national needs but also contributes to a more connected and resilient Black Sea energy market.”

    “It is a pleasure to recognize BSTDB as a valued partner supporting our ongoing efforts in the energy sector. This partnership reflects our shared commitment to the development of key strategic projects that will strengthen energy security and promote sustainable development not only in Bulgaria, but across the wider region. We deeply appreciate BSTDB’s support and expertise, and we look forward to continuing our successful cooperation in the years to come,” said Valentin Nikolov, CEO of Bulgarian Energy Holding.

     

    Bulgarian Energy Holding EAD is the parent company of a group of subsidiaries and affiliates active in electricity generation, transmission, and supply, as well as natural gas transmission, supply, storage, and coal mining. BEH plays a central role in Bulgaria’s energy landscape, owning and operating the country’s main electricity generation assets, the national electricity transmission grid, and the gas transmission and transit network. As the public supplier of electricity and gas, it is a strategically vital institution for both domestic energy stability and regional energy cooperation.

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

     

    Contact: Haroula Christodoulou

    : @BSTDB

    MIL OSI Global Banks –

  • MIL-OSI: Valeura Energy Inc.: Q2 2025 Operations and Financial Update

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, July 08, 2025 (GLOBE NEWSWIRE) — Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”) is pleased to provide an update on Q2 2025 operations.

    Highlights

    • Safe ongoing operations, with oil production averaging 21.4 mbbls/d(1) – maintaining full year production guidance of 23.0 – 25.5 mbbls/d;
    • Revenue of US$129.3 million;
    • Taxes of US$15.8 million paid, primarily in respect of the Jasmine asset. No further cash tax payments anticipated for the remainder of 2025;
    • Cash position of US$241.9 million and no debt; and
    • Final investment decision on the Wassana Field redevelopment and construction phase commenced.

    (1) Working interest share oil production, before royalties.

    Dr. Sean Guest, President and CEO commented:

    “During Q2 2025 we demonstrated another safe quarter of ongoing production and drilling operations and took a positive final investment decision on our major redevelopment project at the Wassana field, which is now moving to the construction phase.

    While production volumes are down quarter-on-quarter, our plan had always assumed that production would be weighted to the second half of the year and we are therefore maintaining our full-year production guidance range of 23.0 – 25.5 mbbls/d.

    From a financial perspective, we continue to prioritise balance sheet strength, and firmly believe this will serve our stakeholders well as we pursue opportunities to add value. While the headwinds of lower global oil prices during the quarter are apparent in our revenue of US$129.3 million, we are continuing to invest while maintaining a strong cash position.”

    Q2 2025 Update

    Working interest share production before royalties averaged 21.4 mbbls/d during Q2 2025, a decrease of 10.2% from Q1 2025. Rates reflect the impact of planned downtime and natural declines at Valeura’s larger producing assets, which is consistent with the Company’s business plan. Q2 was anticipated to be the lowest production quarter of the year, and with rates weighted to the second half of 2025, the Company is maintaining its full year production guidance range of 23.0 – 25.5 mbbls/d.

    Oil sales totalled 1.90 million bbls during Q2 2025. The Company recorded a net increase in oil inventory, as measured at the end of the quarter, to a total of 0.93 million bbls at June 30, 2025. In addition, a parcel of 0.24 million bbls of oil was sold just after the end of the quarter, on July 1, 2025.

    Price realisations averaged US$67.95/bbl during Q2 2025, a US$0.67/bbl premium over the weighted average Brent crude oil benchmark. Realised price was down 14% from Q1 2025 given the significant drop in global oil prices.

    Taxes for the Company’s Thai I concession (Jasmine) are due in May of each year for the prior full year, and US$15.8 million was duly paid during the quarter primarily in respect of this asset. Taxes for the Company’s Thai III concessions (Nong Yao, Manora, and Wassana) are due in May and August of each year, however taxable income for the current tax period (2H 2024) was fully offset by tax loss carry-forwards. Given the above, no further tax payments are expected in 2025.

    Despite a relatively low oil price, a full quarter of spending on drilling operations, and scheduled Thai tax payments, Valeura’s cash position at June 30, 2025, was US$241.9 million (with no debt), up slightly from the previous quarter-end. In addition, US$19.6 million in revenue, relating to a lifting on June 25, 2025, was not received until early in July 2025. As a result, this US$19.6 million is not included in the revenue or the Company’s cash balance at June 30, 2025, but will be correctly accounted in the Q2 financials.

    Operations Update
    Production operations are continuing safely on Valeura’s four Gulf of Thailand fields, with no lost time injuries.

    During the quarter, Valeura mobilised its contracted drilling rig to Block G11/48 (Nong Yao, 90% working interest). The drilling campaign is progressing as planned toward its objective of approximately 10 new development wells and is expected to be complete in Q4 2025. The campaign will entail new development wells drilled from each of the three Nong Yao wellhead facilities, and will therefore include the first ever infill development wells on the Nong Yao C platform, which the Company installed in 2024.

    In May 2025, Valeura took a final investment decision on redevelopment the Wassana field in Licence G10/48 (100% interest). The project will entail deployment of a new central processing platform facility on the field, intended to increase production, reduce costs, and create a hub for eventual tie-in of potential additional satellite wellhead platforms. The project is on plan, and moving into its construction phase now. First production is planned for Q2 2027.

    Results Timing
    Valeura intends to release its full unaudited financial and operating results for Q2 2025 on August 7, 2025, and will discuss the results in more detail through a management webcast hosted later that day.

    For further information, please contact:

    Valeura Energy Inc. (General Corporate Enquiries)
    +65 6373 6940
    Sean Guest, President and CEO
    Yacine Ben-Meriem, CFO
    Contact@valeuraenergy.com

    Valeura Energy Inc. (Investor and Media Enquiries)
    +1 403 975 6752 / +44 7392 940495
    Robin James Martin, Vice President, Communications and Investor Relations
    IR@valeuraenergy.com

    About the Company

    Valeura Energy Inc. is a Canadian public company engaged in the exploration, development and production of petroleum and natural gas in Thailand and in Türkiye. The Company is pursuing a growth-oriented strategy and intends to re-invest into its producing asset portfolio and to deploy resources toward further organic and inorganic growth in Southeast Asia. Valeura aspires toward value accretive growth for stakeholders while adhering to high standards of environmental, social and governance responsibility.

    Additional information relating to Valeura is also available on SEDAR+ at www.sedarplus.ca.

    Advisory and Caution Regarding Forward-Looking Information

    Certain information included in this news release constitutes forward-looking information under applicable securities legislation. Such forward-looking information is for the purpose of explaining management’s current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes, such as making investment decisions. Forward-looking information typically contains statements with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “estimate”, “propose”, “project”, “target” or similar words suggesting future outcomes or statements regarding an outlook.

    Forward-looking information in this news release includes, but is not limited to, the Company’s anticipated full year 2025 guidance assumptions; no further cash tax payments being anticipated in 2025; timing and composition of future drilling campaigns; the effect of the Wassana redevelopment project on production, costs, and future growth of the G10/48 block; and timing for first production from the Wassana redevelopment project. Although the Company believes the expectations and assumptions reflected in such forward-looking information are reasonable, they may prove to be incorrect.

    Forward-looking information is based on management’s current expectations and assumptions regarding, among other things: political stability of the areas in which the Company is operating; continued safety of operations and ability to proceed in a timely manner; continued operations of and approvals forthcoming from governments and regulators in a manner consistent with past conduct; ability to achieve extensions to licences in Thailand and Türkiye to support attractive development and resource recovery; future drilling activity on the required/expected timelines; the prospectivity of the Company’s lands; the continued favourable pricing and operating netbacks across its business; future production rates and associated operating netbacks and cash flow; decline rates; future sources of funding; future economic conditions; the impact of inflation of future costs; future currency exchange rates; interest rates; the ability to meet drilling deadlines and fulfil commitments under licences and leases; future commodity prices; the impact of the Russian invasion of Ukraine; the impact of conflicts in the Middle East; royalty rates and taxes; management’s estimate of cumulative tax losses being correct; future capital and other expenditures; the success obtained in drilling new wells and working over existing wellbores; the performance of wells and facilities; the availability of the required capital to funds its exploration, development and other operations, and the ability of the Company to meet its commitments and financial obligations; the ability of the Company to secure adequate processing, transportation, fractionation and storage capacity on acceptable terms; the capacity and reliability of facilities; the application of regulatory requirements respecting abandonment and reclamation; the recoverability of the Company’s reserves and contingent resources; future growth; the sufficiency of budgeted capital expenditures in carrying out planned activities; the impact of increasing competition; the availability and identification of mergers and acquisition opportunities; the ability to successfully negotiate and complete any mergers and acquisition opportunities; the ability to efficiently integrate assets and employees acquired through acquisitions; global energy policies going forward; international trade policies; future debt levels; and the Company’s continued ability to obtain and retain qualified staff and equipment in a timely and cost efficient manner. In addition, the Company’s work programmes and budgets are in part based upon expected agreement among joint venture partners and associated exploration, development and marketing plans and anticipated costs and sales prices, which are subject to change based on, among other things, the actual results of drilling and related activity, availability of drilling, offshore storage and offloading facilities and other specialised oilfield equipment and service providers, changes in partners’ plans and unexpected delays and changes in market conditions. Although the Company believes the expectations and assumptions reflected in such forward-looking information are reasonable, they may prove to be incorrect.

    Forward-looking information involves significant known and unknown risks and uncertainties. Exploration, appraisal, and development of oil and natural gas reserves and resources are speculative activities and involve a degree of risk. A number of factors could cause actual results to differ materially from those anticipated by the Company including, but not limited to: the ability of management to execute its business plan or realise anticipated benefits from acquisitions; the risk of disruptions from public health emergencies and/or pandemics; competition for specialised equipment and human resources; the Company’s ability to manage growth; the Company’s ability to manage the costs related to inflation; disruption in supply chains; the risk of currency fluctuations; changes in interest rates, oil and gas prices and netbacks; the risk that the Company’s tax advisors’ and/or auditors’ assessment of the Company’s cumulative tax losses varies significantly from management’s expectations of the same; potential changes in joint venture partner strategies and participation in work programmes; uncertainty regarding the contemplated timelines and costs for work programme execution; the risks of disruption to operations and access to worksites; potential changes in laws and regulations, including international treaties and trade policies; the uncertainty regarding government and other approvals; counterparty risk; the risk that financing may not be available; risks associated with weather delays and natural disasters; and the risk associated with international activity. See the most recent annual information form and management’s discussion and analysis of the Company for a detailed discussion of the risk factors.

    Certain forward-looking information in this news release may also constitute “financial outlook” within the meaning of applicable securities legislation. Financial outlook involves statements about Valeura’s prospective financial performance or position and is based on and subject to the assumptions and risk factors described above in respect of forward-looking information generally as well as any other specific assumptions and risk factors in relation to such financial outlook noted in this news release. Such assumptions are based on management’s assessment of the relevant information currently available, and any financial outlook included in this news release is made as of the date hereof and provided for the purpose of helping readers understand Valeura’s current expectations and plans for the future. Readers are cautioned that reliance on any financial outlook may not be appropriate for other purposes or in other circumstances and that the risk factors described above or other factors may cause actual results to differ materially from any financial outlook.

    The forward-looking information contained in this news release is made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless required by applicable securities laws. The forward-looking information contained in this news release is expressly qualified by this cautionary statement.

    This news release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction, including where such offer would be unlawful. This news release is not for distribution or release, directly or indirectly, in or into the United States, Ireland, the Republic of South Africa or Japan or any other jurisdiction in which its publication or distribution would be unlawful.

    Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this news release.

    This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

    The MIL Network –

  • MIL-OSI: Car Repair Financing Bad Credit Near Me in the USA – 50KLoans Announces Nationwide Rollout

    Source: GlobeNewswire (MIL-OSI)

    TAMPA, Fla., July 08, 2025 (GLOBE NEWSWIRE) — 50KLoans, a trusted platform for fast and flexible lending solutions, has officially launched a dedicated car repair financing service aimed at helping Americans manage unexpected auto repair costs, even with less-than-perfect credit. This nationwide rollout includes options for car repair financing bad credit and provides fast access to funds, often by the next business day.

    With car maintenance and repair costs rising across the US more drivers are turning to alternative ways to finance urgent repairs. Whether you need help paying for a transmission replacement, engine repair, or a simple brake job, 50KLoans connects consumers with a network of lenders offering tailored financing car repair solutions even if you’ve been denied elsewhere.

    Get Matched for Car Repair Loans – Even with Bad Credit >>

    Flexible Car Repair Financing for All Credit Types

    Designed with accessibility in mind, the new car repair financing near me program helps drivers secure loans from $500 to $50,000 with repayment terms up to 10 years. The program is open to all credit types and includes specific lending partners focused on car repair financing bad credit scenarios.

    Key Features of 50KLoans Car Repair Financing Service:

    • Loan Amounts from $500 to $50,000
    • Bad Credit OK – Applicants with low or no credit scores can still qualify
    • Flexible Repayment Terms – Up to 120 months depending on lender
    • Nationwide Availability – Find car repair financing near me wherever you are in the U.S.
    • Fast Online Process – No paperwork, no waiting in line

    By offering a centralized platform for financing car repair, 50KLoans removes the hassle of searching lender by lender and gives users a seamless, transparent way to compare offers in one place.

    Get Matched for Car Repair Loans – Even with Bad Credit >>

    New Car Repair Financing Near Me: Available Nationwide

    Personal Auto Repair Loans: Installment loans tailored for mechanical work, parts, or labor costs. Ideal for larger repairs with predictable monthly payments.

    Emergency Repair Financing: Quick funds for urgent issues like failed brakes, dead batteries, or engine trouble.

    Car Repair Financing Bad Credit Solutions: Designed for borrowers with limited or poor credit history. Specialized lenders consider alternative criteria beyond your credit score.

    How to Apply for Car Repair Financing at 50KLoans

    1. Visit 50KLoans.com and select “Car Repair Financing.”
    2. Fill out a short online form – takes under 3 minutes.
    3. Get matched with multiple lenders offering car repair financing near me and online.
    4. Compare offers with clear terms, rates from 5.99% APR.
    5. Accept your preferred loan and receive funds often by the next business day.

    FAQs

    Can I qualify for car repair financing with bad credit?
    Yes. 50KLoans partners with lenders who specialize in car repair financing bad credit options.

    What types of repairs are eligible?
    Engine, transmission, brakes, tires, A/C, diagnostics—virtually all major and minor repairs are covered.

    Where can I find car repair financing near me?
    50KLoans offers access to lenders across the U.S., so you can find car repair financing near me from anywhere, with no need to visit a branch.

    Media Contact
    Mukesh Bhardwaj
    Email: mukesh@paydayventures.com

    Disclaimer: 50KLoans is not a lender and does not make credit decisions. Actual loan offers, rates, and approvals are determined by third-party lending partners based on your eligibility. Loan availability may vary by location and legal restrictions.

    The MIL Network –

  • MIL-OSI: Car Repair Financing Bad Credit Near Me in the USA – 50KLoans Announces Nationwide Rollout

    Source: GlobeNewswire (MIL-OSI)

    TAMPA, Fla., July 08, 2025 (GLOBE NEWSWIRE) — 50KLoans, a trusted platform for fast and flexible lending solutions, has officially launched a dedicated car repair financing service aimed at helping Americans manage unexpected auto repair costs, even with less-than-perfect credit. This nationwide rollout includes options for car repair financing bad credit and provides fast access to funds, often by the next business day.

    With car maintenance and repair costs rising across the US more drivers are turning to alternative ways to finance urgent repairs. Whether you need help paying for a transmission replacement, engine repair, or a simple brake job, 50KLoans connects consumers with a network of lenders offering tailored financing car repair solutions even if you’ve been denied elsewhere.

    Get Matched for Car Repair Loans – Even with Bad Credit >>

    Flexible Car Repair Financing for All Credit Types

    Designed with accessibility in mind, the new car repair financing near me program helps drivers secure loans from $500 to $50,000 with repayment terms up to 10 years. The program is open to all credit types and includes specific lending partners focused on car repair financing bad credit scenarios.

    Key Features of 50KLoans Car Repair Financing Service:

    • Loan Amounts from $500 to $50,000
    • Bad Credit OK – Applicants with low or no credit scores can still qualify
    • Flexible Repayment Terms – Up to 120 months depending on lender
    • Nationwide Availability – Find car repair financing near me wherever you are in the U.S.
    • Fast Online Process – No paperwork, no waiting in line

    By offering a centralized platform for financing car repair, 50KLoans removes the hassle of searching lender by lender and gives users a seamless, transparent way to compare offers in one place.

    Get Matched for Car Repair Loans – Even with Bad Credit >>

    New Car Repair Financing Near Me: Available Nationwide

    Personal Auto Repair Loans: Installment loans tailored for mechanical work, parts, or labor costs. Ideal for larger repairs with predictable monthly payments.

    Emergency Repair Financing: Quick funds for urgent issues like failed brakes, dead batteries, or engine trouble.

    Car Repair Financing Bad Credit Solutions: Designed for borrowers with limited or poor credit history. Specialized lenders consider alternative criteria beyond your credit score.

    How to Apply for Car Repair Financing at 50KLoans

    1. Visit 50KLoans.com and select “Car Repair Financing.”
    2. Fill out a short online form – takes under 3 minutes.
    3. Get matched with multiple lenders offering car repair financing near me and online.
    4. Compare offers with clear terms, rates from 5.99% APR.
    5. Accept your preferred loan and receive funds often by the next business day.

    FAQs

    Can I qualify for car repair financing with bad credit?
    Yes. 50KLoans partners with lenders who specialize in car repair financing bad credit options.

    What types of repairs are eligible?
    Engine, transmission, brakes, tires, A/C, diagnostics—virtually all major and minor repairs are covered.

    Where can I find car repair financing near me?
    50KLoans offers access to lenders across the U.S., so you can find car repair financing near me from anywhere, with no need to visit a branch.

    Media Contact
    Mukesh Bhardwaj
    Email: mukesh@paydayventures.com

    Disclaimer: 50KLoans is not a lender and does not make credit decisions. Actual loan offers, rates, and approvals are determined by third-party lending partners based on your eligibility. Loan availability may vary by location and legal restrictions.

    The MIL Network –

  • MIL-OSI: Zscaler Extends Zero Trust Platform to Enable Cellular Communications for IoT/OT with simply a SIM card – No VPN or software

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, Calif., July 08, 2025 (GLOBE NEWSWIRE) — Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today extends the AI-powered Zscaler Zero Trust Exchange™ platform with the launch of Zscaler Cellular. This easy to install innovation enables Zero Trust communication for IoT and OT devices using only a cellular SIM card—eliminating the need for additional software or ineffective VPN connections. Zscaler Cellular delivers resilient connectivity by ensuring IoT/OT devices automatically connect to any cellular network globally, while providing zero attack surface by isolating each device on its own private island, with all connections securely routed through the Zscaler platform.

    “Zscaler pioneered Zero Trust architecture; first with the introduction of Zero Trust for Users, then with Zero Trust for Cloud, followed by Zero Trust for Branch,” said Nathan Howe, Group VP of Emerging Technologies at Zscaler. “With the introduction of Zscaler Cellular, we have extended the power of the Zero Trust Exchange to IoT and OT devices with an easy ‘install and go’ SIM card that securely connects to any cellular network. This innovative solution provides customers with resilient connectivity, isolates each device to remove the attack surface, and ensures all inbound and outbound connections are protected through the Zero Trust Exchange.”

    As enterprises rapidly deploy IoT/OT devices across diverse environments, traditional firewall and VPN-based security models fail to meet the demands of today’s mobile and distributed organizations, leaving devices exposed to cyber threats. Legacy approaches rely on costly infrastructure that cannot scale and cellular networks by themselves aren’t designed to enforce Zero Trust principals resulting in security blind spots and expanding attack surfaces.

    “Zscaler Cellular solved our long-standing challenge: how to effectively secure the IoT and mobile devices that we deploy at clients’ and customers’ properties,” said Brian Shelby, Director of IT Infrastructure and Cybersecurity at Maverick Transportation. “We need to operate these tablets, time-tracking devices, and more on sites where we have no control over the networking options provided or the operating environment, and without adding software agents or using remote access VPNs. The solution allowed us to create device-bound authentication through Zscaler. This became our test case, and after equipping kiosks with Zscaler Cellular, our Zero Trust policies are enforced through the Zscaler Cellular Edge. The lines are gone, the employee experience is better, our business is still protected, and we don’t need a software agent or VPN on the device.”

    Partnering with Telcos to Build a Foundation for Zero Trust Security at Scale

    Zscaler partners with leading telecommunications companies to bring advanced Zero Trust security to cellular-connected devices. By leveraging the Zscaler Zero Trust Exchange platform with telecom infrastructure, Zscaler Cellular delivers secure, scalable, and seamless connectivity for IoT and OT devices. Through solutions like Zscaler Cellular and Zscaler Cellular Edge, and collaborations with providers such as Stacuity and BT, enterprises gain managed security services that address the unique challenges of securing distributed, cellular-connected environments. These partnerships ensure organizations can extend Zero Trust principles across global cellular networks, reducing risks and enabling secure digital transformation at scale.

    “Zscaler Cellular represents a significant advancement in IoT and mobile security,” said Zeus Kerravala, founder and principal analyst, ZK Research. “By leveraging Zero Trust with cellular networks, Zscaler helps eliminate longstanding visibility and control gaps that have plagued enterprises for years. It’s the first solution I’ve seen that brings cloud-scale security to every connected device—with the simplicity of activating a SIM.”

    Availability

    Zscaler Cellular is available globally in August 2025. The solution is already in use by leading organizations including Sandvik and Maverick Transportation, with additional customers to be announced.

    Read the blog by Maverick Transportation: Maverick Transportation Puts Zero Trust Cellular in High Gear

    About Zscaler

    Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more agile, efficient, resilient, and secure. The Zscaler Zero Trust Exchange protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Distributed across more than 150 data centers globally, the SASE-based Zero Trust Exchange is the world’s largest in-line cloud security platform.

    Zscaler™ and the other trademarks listed at https://www.zscaler.com/legal/trademarks are either (i) registered trademarks or service marks or (ii) trademarks or service marks of Zscaler, Inc. in the United States and/or other countries. Any other trademarks are the properties of their respective owners.

    Media Contact:
    Nick Gonzalez
    press@zscaler.com

    Investor Relations Contact:
    Ashwin Kesireddy
    ir@zscaler.com

    The MIL Network –