NewzIntel.com

Category: Finance

  • MIL-OSI: SAR 423 Billion in Foreign Investments: Saudi Arabia Launches Offshore Securities Business License

    Source: GlobeNewswire (MIL-OSI)

    RIYADH, Saudi Arabia, May 26, 2025 (GLOBE NEWSWIRE) — Over the past decade, the Saudi Capital Market Authority (CMA) has methodically advanced the Kingdom’s capital market reforms, gradually opening its financial markets to international investors. This transformation has attracted substantial global institutional interest, with foreign holdings reaching approximately SAR 423 billion by the end of 2024. The recent introduction of the Offshore Securities Business License underscores Saudi Arabia’s ambition to establish itself as a leading regional and global financial center.

    The QFI program in 2015 was the first program to provide direct access into Saudi markets for foreign investors. Prior to the QFI program, foreign investors could only access Saudi equities through swap arrangements, once foreign institutions qualified as QFIs, the program created a direct way for foreign institutions to transact in the Saudi market, further expanding the overall market access.

    Since then, the CMA has gradually dismantled many of the restrictions that once limited foreign participation. In 2018, asset thresholds for QFI eligibility were lowered, per-investor ownership caps were raised from 5 to 10 percent, and the pool of eligible investors was expanded.

    Also, improvements to corporate governance, financial disclosure, and market infrastructure made Saudi Arabia’s capital market more transparent and credible. These reforms helped the Kingdom secure inclusion in the MSCI and FTSE Russell emerging market indices in 2019, a development that catalyzed massive capital inflows.

    The impact was instant, QFI owned SAR 13.7 billion in Saudi market in 2018. That figure increased to SAR 134.48 billion in 2019, coinciding with index inclusion. By the end of 2024, foreign investors held about SAR 423 billion in equities—up from around SAR 86 billion just six years earlier.

    Beyond these broad reforms, the CMA has continued to refine foreign access. In January 2025, it published a landmark rule change permitting foreign ownership in Saudi-listed companies that own real estate assets in the holy cities of Makkah and Madinah. Previously, such ownership was prohibited due to restrictions on property in the two cities. Under the new regulation, non-Saudi investors—whether individuals or institutions—can now own up to 49% jointly of shares or convertible debt in these companies.

    The CMA also recently published a framework for a new offshore license, intended to allow financial institutions to conduct securities business through a regional headquarters. While still pending implementation, this initiative aims to position the Kingdom as a regional and global financial hub for securities.

    This Offshore Securities Business License will enable licensed institutions to carry out securities activities, as well as manage investment funds that invest in securities within the Kingdom. These services may be provided to foreign clients outside the Kingdom, in addition to a specified category of local clients.

    Additionally, the license will allow its holder to invest in the Saudi capital market without the need to meet the qualification requirements typically imposed on qualified foreign investors. In addition, this license will enable its holder the access to a broader client base, including transactions with sovereign investment funds such as the Public Investment Fund, which manages over SAR 3.5 trillion in assets in 2024, as well as pension funds within the Kingdom.

    The offshore licensees and structure also present other benefits to developing and establishing private investment funds in Saudi Arabia. Offshore licensees will have flexible contractual terms as they will focus on addressing a complex and sophisticated investment needs.

    Taken together, these reforms represent one of the most comprehensive efforts among emerging markets to integrate with global capital flows. The CMA’s approach—measured, regulatory-driven, and clearly aligned with Vision 2030—has generated confidence among international investors. While challenges remain, particularly in implementation and investor onboarding processes, the trajectory is clear. Saudi Arabia is building a market that not only attracts foreign capital, but retains it through stability, structure, and institutional trust. As the offshore licensing regime moves toward activation, it stands as the latest signal that the Kingdom’s financial sector is not just open—it is competing.

    Contact:
    Capital Market Authority
    Communication & Investor Protection Division
    +966114906009
    +966557666932
    Media@cma.org.sa 
    www.cma.org.sa 

    The MIL Network –

  • MIL-OSI New Zealand: FMA confirms fintech sandbox participants

    Source: Budget 2025 – Greenpeace braced for ‘scorched earth’ budget from Govt

    Media Release  
    MR No. 2025 – 12 

    The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko has announced the six fintech firms who will be testing their innovative products, services or business models in the FMA’s pilot regulatory sandbox.  

    The successful fintech firms are: 

    Fintech firm Details on their intentions
    ECDD Holdings Limited ECDD Holdings Limited (part of the exchange service Easy Crypto) intends to launch a yield bearing NZD-backed stablecoin and to generate revenue from interest earned on money held on trust in interest-bearing accounts.
    Emerge Group Limited Emerge is a digital banking alternative offering products like debit cards, current accounts, and in-app expense tracking. Customer funds are currently held in trust with a partner bank but Emerge aims to transition to higher yielding options such as government bonds. 
    Homeshare

    Homeshare offers investors the opportunity to own a fractional share of real estate, with each property divided into 1,000 equal shares. These shares are tokenised and can be bought and sold via an online platform.
    IndigiShare

    IndigiShare aims to improve access to capital for Māori entrepreneurs and small businesses. It seeks to offer Te Whare Manaaki (a koha loan platform), as a way to lower barriers to entry for indigenous businesses and enable community entrepreneurship.  
    Invest in Farming Co-op IIF (Invest in Farming) is an Australian-based cooperative that connects investors to farming by digitising ownership of livestock, aquaculture, horticulture, and agriculture. It allows investors to own a share of agricultural assets, where investment returns are unlocked on the sale of the stock or crop.
    Tandym Limited A group investment platform enabling people to form groups and build wealth together in a social and engaging way – while removing administrative burden.

    FMA Executive Director Strategy and Design Daniel Trinder says, “We offered this pilot sandbox to spur innovation for both startups and established licensed financial institutions. We received 24 applications to be part of the sandbox and went through a thorough review process to determine which of the firms would be chosen to be part of the pilot.” 

    The criteria used to determine the final six was: 

    • genuine innovation exists that is either unique or solves an existing issue, 
    • likely benefit to consumers,  
    • the product or service does not pose high risk of causing consumer harm, 
    • there is a demonstrated need to be in the sandbox, 
    • the firm is ready and has a product to test, and  
    • the management team have appropriate experience and skills to execute the sandbox testing plan. 

    “During the pilot they can test new products and services in a controlled environment, helping them to obtain a deeper understanding of supervisory expectations,” says Daniel. “The opportunity to adjust a product or service before full commercial launch may also help reduce costs for firms. 

    “We see clear benefits for the FMA too. By working closely with the firms during their time in the sandbox, we expect to gain greater insights into the benefits and risks of financial innovation and new technologies. Experiences gained through such a testing phase should allow us to react faster and more effectively to any potential regulatory and supervisory problems. It should also highlight gaps around investor and customer protection, allowing development of more appropriate and timely solutions.” 

    The FMA is committed to supporting financial services innovation and is grateful for the constructive work and support from FintechNZ throughout the process. 

    ENDS

    Background 

    You can read more about the launch of our regulatory sandbox pilot on our website

    FMA launches regulatory sandbox pilot

    Innovation

    Media contact 

    If you have any questions on this media release, please contact [email protected]  

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Experienced retail investor found liable for market manipulation

    Source: Budget 2025 – Greenpeace braced for ‘scorched earth’ budget from Govt

    Media Release  
    MR No. 2025 – 13

    Kok Ding Cheng, an experienced retail investor, has been ordered to pay the Crown a pecuniary penalty of $198,000, following a civil proceeding brought by the Financial Markets Authority (FMA) – Te Mana Tatai Hokohoko for market manipulation.  

    The FMA’s case centred on five small orders for of NZX-listed shares of Rua Bioscience Limited (RUA) that Mr Cheng made over a 10-day period during late 2020 via a broking account he held with ASB Securities.  The Court found in making each of those five orders, which ranged from $59 to $540, Mr Cheng breached s265 of the Financial Markets Conduct Act 2013 which prohibits trade-based market manipulation.  The Court found that Mr Cheng deliberately placed the orders for the purpose of increasing the price and/or demand for Rua shares.

    Mr Cheng did not file a statement of defence during the proceeding, and so the proceeding progressed by way of formal proof hearing.  

    FMA Head of Enforcement, Margot Gatland said, “Mr Cheng’s orders lacked a genuine commercial purpose and were instead made for the purposes of increasing the price and/or demand for RUA shares at a time when he held a material shareholding in the company.  

    “Market manipulation undermines confidence in financial markets because it means investors can’t trust prices or market activity to be genuine. We take cases of market manipulation seriously to ensure New Zealand’s markets reflect genuine supply and demand, in order to preserve their integrity and reputation.

    “We considered Mr Cheng’s conduct warranted a strong response to deter market manipulation. This case and the Judge’s ruling are important reminders that trade-based market manipulation can occur when trading through online share brokerage accounts. Investors should be careful to understand their obligations when trading online, as trading listed shares for disingenuous reasons can result in liability.” 

    The $198,000 is to be paid to the Crown after it is first applied to the FMA’s actual costs in taking the case. 

    ENDS 

    Media contact  
    If you have any questions about this media release, please contact [email protected]   

    Related links  

    FMA vs Cheng Judgment [PDF 415KB]

    FMA files market manipulation case against Kok Ding Cheng for trading of Rua shares

    MIL OSI New Zealand News –

  • MIL-OSI United Nations: Uzbekistan launches National Trade Facilitation Roadmap 2025–2030 to boost regional trade leadership

    Source: United Nations Economic Commission for Europe

    Uzbekistan has taken a significant step toward strengthening its role as a central trade hub in Central Asia with the launch of its National Trade Facilitation Roadmap 2025–2030, developed in collaboration with the United Nations Economic Commission for Europe (UNECE). 

    The roadmap was officially launched last week in Tashkent during the meeting of the National Trade Facilitation Committee, chaired by Aziz Urunov, Special Representative of the President of Uzbekistan on World Trade Organization (WTO) issues and Chief Negotiator. The UNECE presented the roadmap at the meeting, which brought together representatives from the Ministry of Investment, Industry and Trade, Ministry of Transport, State Customs Committee of Uzbekistan and other relevant officials, as well as the private sector representatives. Donor agencies also came together to coordinate efforts in implementing the measures of the roadmap.  

    Serving as a comprehensive framework, the roadmap outlines Uzbekistan’s trade facilitation reforms over the next five years and directly supports its goal of WTO accession by 2026. A preface for the official publication of the document was previously signed by Mr. Urunov and UNECE Executive Secretary Tatiana Molcean at the WTO headquarters on 2 December 2024. 

    Developed using UNECE’s methodology, using an assessment of the country’s readiness to implement the WTO Trade Facilitation Agreement (TFA) done by UNECE and Uzbekistan experts and a draft study on the regulatory and procedural barriers to trade, the roadmap is aligned with the United Nations Special Programme for the Economies of Central Asia (SPECA), particularly its Trade Facilitation Strategy and Principles for Sustainable Trade. The roadmap distinguishes between two sets of objectives and categorization of the WTO trade facilitation measures: the readiness of Uzbekistan on the binding TFA measures and a broader set of objectives, which reflect the country’s long-term objective for profound trade facilitation reforms, making it one of the most dynamic economies today. The implementation of the binding measures is almost complete and will allow the country to accede to the WTO at the next WTO Ministerial Conference in 2026. 

    Uzbekistan envisions becoming a key contributor to regional trade in Central Asia, fostering a dynamic, efficient, and inclusive trade ecosystem. The results of the recent UN Global Survey revealed that the trade facilitation performance of Uzbekistan is currently at an implementation rate of 85% — the highest in the region. 

    The roadmap sets out clear priorities to achieve this vision: 

    As a double Landlocked Developing Country (LLDC), Uzbekistan faces inherent challenges such as dependency on transit countries, high trade costs, and infrastructure bottlenecks. These challenges make trade facilitation and regional connectivity critical areas for reform. 

    UNECE plays a key role in advancing these efforts through its norms, standards and policy recommendations — particularly the UN/CEFACT package of standards and ongoing work on enhancing digital connectivity — which enable the digitalization of trade and improved coordination along international transit corridors. 

    UNECE remains committed to supporting Uzbekistan and other programme countries in trade modernization through global standards, collaborative frameworks, and innovative policy tools. 

    MIL OSI United Nations News –

  • MIL-OSI New Zealand: Advice seen by Minister

    Source: Tertiary Education Commission

    Date
    Reference Number
    Title

    19 December 2019
    AM/19/01484
    Aide-Memoir: Discussion paper: establishing a CoVE specialising in Secondary Tertiary Programmes, Multiple Pathways and Transitions (PDF 1.4 MB) 

    5 December 2019
    B/19/01460
    Funding Agreement between the Crown and Lincoln University (PDF 1.3 MB) 

    3 December 2019
    1210568
    Education Report: High-level decisions on the unified funding system for discussion at the strategy session on 12 December (PDF 7.8 MB)

    22 November 2019
    B/19/01385
    Tertiary Education Commission 2019/20 Quarter One Performance Report

    20 November 2019
    B/19/01340
    Tertiary Education Report: August 2019 Fees-Free Enrolment Update (PDF 658 KB) 

    20 November 2019
    B/19/01339
    Tertiary Education Report: August 2019 Enrolment Update (PDF 590 KB) 

    15 November 2019
    AM/19/01341
    Expenditure accrual adjustment to Vote Tertiary Education

    13 November 2019
    AM/19/01357
    Overview of standard operating procedures and/or code of practices for TEI accommodation services

    11 November 2019
    Cabinet paper
    Confirmation of Crown capital investment to support the rebuild of Lincoln University’s science facilities (PDF 1.2 MB)

    7 November 2019
    AM/19/01351
    Tertiary Education Institution Accommodation Overview

    1 November 2019
    AM/19/01338
    No recoveries for exceeding prior achievement limit in 2019 for YG and SAC 1-2

    29 October 2019
    B/19/01328
    Tertiary Education Commission Annual Report for the year ended 30 June 2019

    25 October 2019
    AM/19/01337
    Reform of Vocational Education Programme Governance – Update

    24 October 2019
    E/19/01252
    Ako Aotearoa 2019 Tertiary Teaching Excellence Awards Evening – 30 October 2019

    23 October 2019
    B/19/01284
    Crown support for Whitireia Community Polytechnic

    15 October 2019
    E/19/01277
    Launch of Drawing the Future event on 18 October at Porirua East School

    14 October 2019
    B/19/01260
    Report to Ministers from the University of Canterbury Futures Governance Oversight Group

    14 October 2019
    B/19/01275
    ITP constitutions for two councils

    9 October 2019
    AM/19/01258
    AgResearch business case for a new building at Lincoln University

    4 October 2019
    E/19/01256
    Opening the 15th New Zealand Vocational Education and Training Research Forum on Tuesday 15 October 2019

    25 September 2019
    B/19/01192
    Update on Careers System Strategy Engagement Process (PDF 500 KB) 

    20 September 2019
    B/19/01175
    Tertiary Education Commission draft Annual Report for the year ended 30 June 2019 (PDF 276 KB) 

    19 September 2019
    B/19/01211
    Tertiary Education Report: Draft Cabinet paper on supporting the rebuild of Lincoln University’s science facilities and reallocation of funding to Tai Poutini Polytechnic (PDF 159 KB) 

    17 September 2019
    B/19/01023
    Review of the appointment of the Commissioner of Whitireia and WelTec (PDF 250 KB) 

    13 September 2019
    B/19/01210
    Establishing a Stakeholder Advisory Group for Reform of Vocational Education

    13 September 2019
    B/19/01209
    Workforce Development Council and ITO Workstream: Progress update (PDF 861 KB) 

    13 September 2019
    1204429
    Briefing Note: Unified Funding Work Programme: Progress update (PDF 3.6 MB)

    10 September 2019
    E/19/01176
    Ministerial visit to the University of Auckland on Tuesday, 10 September 2019

    9 September 2019
    E/19/01176
    Ministerial visit to the University of Auckland on Tuesday, 10 September 2019 (PDF 871 KB) 

    9 September 2019
    E/19/01169
    Meeting with Greg Wallace, Chief Executive of Master Plumbers on Thursday 12 September 2019

    6 September 2019
    B/19/01141
    ITP constitutions for seven councils (PDF 297 KB) 

    2 September 2019
    E/19/01158
    Ministerial visit to Unitec Institute of Technology on Tuesday, 3 September 2019 (PDF 3.2 MB) 

    27 August 2019
    B/19/01065
    Tertiary Education Report: Lincoln University Programme Business Case: Moving Forward (PDF 487 KB) 

    27 August 2019
    B/19/01086
    Tertiary Education Report: April 2019 Fees-Free Enrolment Update (PDF 640 KB) 

    21 August 2019
    B/19/01085
    Tertiary Education Report: April 2019 Enrolment Update (PDF 826 KB)

    19 August 2019
    E/19/01093
    Minister of Education Opening the Primary ITO Symposium on Tuesday 20 August 2019

    8 August 2019
    AM/19/00929
    Fees-free monitoring and addressing non-complying TEOs

    26 July 2019
    E/19/00868
    Ōritetanga Learner Success Conference (PDF 240 KB) 

    26 July 2019
    AM/19/00971
    Talking Points for Cabinet on 29 July 2019 – NZIST Establishment Board Appointment

    25 July 2019
    B/19/00928
    Lincoln University and the University of Canterbury Partnership Proposal (PDF 1.5 MB) 

    24 July 2019
    B/19/00882
    Crown support for Tai Poutini Polytechnic (PDF 670 KB)

    20 July 2019
    AM/19/00790
    WAIKATO INSTITUTE OF TECHNOLOGY 2018 Annual Report (PDF 459 KB) 

    19 July 2019
    AM/19/00959
    Southern Institute of Technology’s proposal for Telfrod – Talking point for Cabinet

    19 July 2019
    AM/19/00954
    Annotated Agenda – NZ Institute of Skills and Technology Establishment

    17 July 2019
    B/19/00773
    Update on Careers System Strategy and Career Action Plan (PDF 275 KB) 

    17 July 2019
    B/19/00867
    Southern Institute of Technology’s proposal for operating Telford in 2020 and 2021 (PDF 486 KB) 

    15 July 2019
    AM/19/00800
    Assurance findings for the Reform of Vocational Education Programme

    15 July 2019
    B/19/00763
    2020 Investment Round Update: Indicative Allocations

    11 July 2019
    E/19/00879
    Minister to visit Otago University on 12 July 2019 (PDF 465 KB) 

    10 July 2019
    B/19/00819
    Manukau Institute of Technology– council constitution (PDF 402 KB) 

    10 July 2019
    AM/19/00880
    Compliance monitoring of fees-free tertiary education and prosecution for false statutory declarations

    4 July 2019
    B/19/00785
    TEC 2018/19 Quarter Three Performance Report (PDF 355 KB) 

    3 July 2019
    B/19/00861
    Review of the appointment of the Commissioner of Unitec (PDF 289 KB) 

    1 July 2019
    B/19/00840
    2018 Educational Performance Indicators (PDF 1.1 MB) 

    1 July 2019
    AM/19/00820
    Te Whare Wānanga o Awanuiārangi 2018 Annual Report (PDF 506 KB) 

    1 July 2019
    B/19/00708
    Publication of the Tertiary Education Commission’s Statement of Intent 2019/20–2022/23 and Statement of Performance Expectations 2019/20 (PDF 274 KB) 

    1 July 2019
    AM/19/00827
    Aide-Memoire: Lincoln University Programme Business Case: Moving Forward (PDF 303 KB) 

    1 July 2019
    B/19/00840
    2018 Educational Performance Indicators

    28 June 2019
    E/19/00835
    Meeting with Service Skills Institute Incorporated on Monday 1 July 2019

    25 June 2019
    AM/19/00821
    Talking Points for APH on 26 June 2019 – Appointment to the council of Te Whare Wānanga o Awanuiārangi (PDF 219 KB)

    20 June 2019
    AM/19/00790
    WAIKATO INSTITUTE OF TECHNOLOGY 2018 Annual Report

    19 June 2019
    AM/19/00797
    Growing the Food and Fibres Sector – Recommendations for the TEC

    17 June 2019
    E/19/00776
    University of Canterbury – Opening of the Rehua Building on 25 June 2019 (PDF 326 KB) 

    12 June 2019
    E/19/00690
    Meeting with the Commissioner of WelTec and Whitireia (PDF 346 KB) 

    12 June 2019
    AM/19/00749
    Update on Whitireia Community Polytechnic and the Wellington Institute of Technology

    10 June 2019
    AM/19/00739
    Update on the current situation of funding training and education of carers

    7 June 2019
    B/19/00702
    Recognition of Skills Active Aotearoa Limited as an industry training organisation (PDF 1.1 MB) 

    31 May 2019
    B/19/00709
    Waikato Institute of Technology Council Constitution (PDF 441 KB) 

    31 May 2019
    AM/19/00704
    Unitec Institute of Technology 2018 Annual Report (PDF 408 KB)

    31 May 2019
    B/19/00706
    2018 final full-year enrolments at tertiary education organisations

    31 May 2019
    AM/19/00707
    Update on the financial position of ITPs

    30 May 2019
    B/19/00703
    Recognition of the Funeral Service Training Trust of New Zealand as an industry training organisation (PDF 479 KB) 

    30 May 2019
    B/19/00701
    Recognition of Primary Industry Training Organisation as an industry training organisation (PDF 897 KB) 

    30 May 2019
    E/19/00705
    Meeting with UCOL on 5 June 2019  (PDF 2.6 MB)

    27 May 2019
    AM/19/00648
    Advice on options to support the University of Canterbury following the Christchurch mosque attacks

    24 May 2019
    B/19/00650
    Ministerial appointment to Te Whare Wananga o Awanuiarangi

    17 May 2019
    B/19/00706
    2018 Final Full-Year Enrolments at Tertiary Education Organisations (PDF 1.1 MB) 

    17 May 2019
    B/19/00640
    Tai Poutini Polytechnic Capital Injection – Final Milestone (PDF 386 KB) Tai Poutini Polytechnic Capital Injection Appendix A (PDF 1.6 MB) 

    16 May 2019
    AM/19/00651
    Western Institute of Technology at Taranaki 2018 Annual Report (PDF 516 KB) 

    10 May 2019
    E/19/00555
    Meeting with Professor Jan Thomas from Massey University on 22 May 2019 (PDF 682 KB) 

    10 May 2019
    E/19/00644
    Meeting with Southland Federated Farmers

    9 May 2019
    B/19/00613
    Letters for Ministerial appointments to two tertiary education councils (PDF 286 KB) 

    8 May 2019
    E/19/00509
    Minister to speak at the Open Polytechnic Graduation on Thursday, 23 May 2019 (PDF 3.2 MB).

    3 May 2019 
    AM/19/00611
    Lincoln University 2018 financial results (PDF 247 KB) 

    3 May 2019
    AM/19/00615
    Ministerial Appointment to the council of Te Whare Wānanga o Awanuiārangi

    23 April 2019
    B/19/00527
    Release of the 2018 PBRF Quality Evaluation Results 

    10 April 2019
    E/19/00512
    Meeting with Primary Industry Training Organisation on Thursday 11 April 2019 

    9 April 2019
    E/19/00473
    Meeting with WITT to discuss RoVE on 11 April 2019 

    8 April 2019
    E/19/00482
    Meeting with Andrew Robb from Tai Poutini Polytechnic on 11 April 2019 

    3 April 2019
    B/19/00451
    Salvation Army foundation education delivery consultation outcomes 

    3 April 2019
    B/19/00469
    Inspiring Futures – Response 

    2 April 2019
    E/19/00465
    Ministerial visit to open new Tech Park Campus development at Manukau Institute of Technology on 5 April 2019 

    28 March 2019
    E/19/00446
    BusinessNZ Major Companies Group – Chief Executive Forum on Friday 5 April 2019 

    27 March 2019
    B/19/00448
    Letters for Ministerial appointments to eight tertiary education institution councils 

    27 March 2019
    B/19/00442
    Toi Ohomai Institute of Technology – council constitution 

    25 March 2019
    B/19/00360
    2018 Interim Full-Year Enrolments at Tertiary Education Organisations 

    18 March 2019
    AM/19/00414
    Talking Points for APH on appointments to eight ITP councils 

    14 March 2019
    B/19/00161
    TEC 2018/2019 Quarter Two Performance Report 

    12 March 2019
    E/19/00396
    Meeting with The Skills Organisation 14 March 2019 

    12 March 2019
    E/19/00398
    Meeting with Careerforce Thursday 14 March 2019 

    12 March 2019
    B/19/00381
    Letters for Ministerial appointments to two university councils 

    7 March 2019
    B/19/00158
    Careers System Strategy Workstream Implementation Update 

    5 March 2019
    AM/19/00330
    Talking Points for APH on appointments to two TEI Councils 

    1 March 2019
    E/19/00166
    Meeting with Competenz Chair and Chief Executive Thursday 7 March 

    1 March 2019
    E/19/00234
    Local Government New Zealand Rural and Provincial Meeting 

    27 February 2019
    E/19/00165
    Visit to Telford (PDF 326 KB) 

    26 February 2019
    E/19/00150
    Meeting with primary industry leaders to discuss your vision on Reform of Vocational Education (PDF 269 KB) 

    25 February 2019
    E/19/00246
    Meeting with the Tertiary Education Union (TEU) at Waikato Institute of Technology (Wintec) (PDF 2 MB) 

    15 February 2019
    B/19/00082
    Lincoln University and the University of Canterbury Partnership Proposal: next steps (PDF 2.3 MB) 

    11 February 2019
    AM/19/0060
    World Economic Forum OECD Release of Envisioning the Future of Education and Jobs: Trends, Data and Drawings report (PDF 159 KB) 

    7 February 2019
    AM/19/00083
    2018 full-year enrolment reporting timeline (PDF 397 KB) 

    1 February 2019
    B/19/00081
    Southern Institute of Technology’s proposal for operating Telford in 2019 (PDF 393 KB) 

    February 2019
    Cabinet paper
    Council Appointments for Ara Institute of Canterbury, Eastern Institute of Technology, Manukau Institute of Technology, NorthTec, Otago Polytechnic, Tai Poutini Polytechnic, Toi Ohomai Institute of Technology, UCOL and the Western Institute of Technology at Taranaki (PDF 320 KB) 

    30 January 2019
    B/19/00055
    Appointment of an advisory committee to support the Commissioner of Whitireia and WelTec (PDF 202 KB) 

    29 January 2019
    AM/19/00064
    Computer in Homes Tender (PDF 824 KB) 

    28 January 2019
    AM/19/00063
    Meeting with the Chancellor and Vice-Chancellor of the University of Canterbury (PDF 1.2 MB) 

    21 January 2019
    E/19/00010
    Ara Institute of Canterbury – Manawa and Outpatients facility opening on Thursday 31 January 2019 (PDF 1.2 MB) 

    11 January 2019
    B/19/00028
    Update World Economic Forum: Launch of Envisioning the Future of Education and Jobs (PDF 554 KB) 

    8 January 2019
    B/19/00007
    University of Auckland – amendment to council constitution (PDF 303 KB) 

    MIL OSI New Zealand News –

  • MIL-OSI Africa: Why Industry Leaders are Choosing African Mining Week 2025

    Source: Africa Press Organisation – English (2) – Report:

    CAPE TOWN, South Africa, May 26, 2025/APO Group/ —

    As global demand for critical minerals accelerates, Africa’s mineral-rich economies are stepping into a more prominent role – not only as exporters of raw materials, but as strategic partners in global supply chains. African Mining Week (AMW) 2025, taking place in Cape Town on October 1-3, is emerging as a key platform for policymakers, mining companies, financiers and service providers to connect, negotiate and shape the future of the continent’s mining sector.

    AMW 2025’s will prioritize high-level networking, dealmaking and investor matchmaking. At a time when governments are under pressure to present investable projects, this approach ensures that time on the ground translates into meaningful engagement and tangible progress.

    Targeted Engagement Drives Attendance

    AMW’s agenda is designed to support strategic engagement through exclusive country briefings, curated investor meetings and deal rooms that connect government and private sector actors directly. Its co-location with African Energy Week 2025: Invest in African Energies further enhances the event’s appeal, creating opportunities for cross-sector dialogue on infrastructure, energy access and mineral beneficiation.

    This targeted approach is attracting a wide range of public and private sector delegations. Among confirmed participants is the South Africa–DRC Chamber of Commerce, which will be supporting the participation of companies operating across two of Africa’s largest and most influential mining jurisdictions. South Africa’s mining industry continues to play a central role in global platinum group metals production and is seeing new interest in battery minerals and green hydrogen, with institutions like the Industrial Development Corporation set to participate in sessions on financing mining and industrialization projects across the continent. The DRC, meanwhile, remains critical to global cobalt and copper supply chains, with significant interest in expanding downstream processing.

    Government Participation Signals Project Pipelines

    Several African governments are attending with the express purpose of promoting new investment opportunities. Chad’s Ministry of Petroleum and Energy is expected to highlight emerging opportunities in mining and infrastructure development as part of ongoing efforts to attract investment in its extractive sector. From Angola, national oil company Sonangol is participating as part of a broader push to diversify its portfolio beyond oil and gas. The Angolan government is prioritizing the development of its diamond, iron ore and battery mineral resources, and Sonangol’s involvement reflects the country’s intention to drive resource-linked industrial development.

    International participation is also strong. Organizations such as World Mining Investment and delegations from the Gulf, Europe and Asia are attending to assess African markets amid growing interest in diversifying supply chains and securing long-term access to key minerals.

    Aligning Investment with Industrial Development

    With global exploration spending in Africa projected to rise – particularly in copper, lithium and rare earth elements – many countries are not only positioning themselves as resource suppliers, but as hosts for beneficiation and value-added processing. Discussions at AMW will explore policy incentives, infrastructure corridors and cross-border industrial zones that can help support this ambition.

    As African governments seek to coordinate on regional value chains, improve regulatory coherence and share infrastructure, platforms like AMW play an important role in facilitating dialogue and action. By convening stakeholders across government, industry and finance, the event is helping to reshape how mining investment is pursued on the continent – shifting from transactional approaches to more strategic, collaborative models that align with Africa’s broader development goals.

    MIL OSI Africa –

  • NCGG launches 9th Capacity Building Programme to boost digital governance for Sri Lankan civil servants

    Source: Government of India

    Source: Government of India (4)

    The National Centre for Good Governance (NCGG) on Monday commenced the 9th Capacity Building Programme for mid-career civil servants from Sri Lanka, aimed at strengthening their skills in digital governance and enhancing the effectiveness of public service delivery.

    Scheduled from May 26 to June 6, the two-week intensive training is hosting 40 officers serving in key administrative roles including Senior Assistants, Divisional Secretaries, and Deputy Directors. These participants represent vital ministries such as Public Administration, Defence, Health and Mass Media, and Education.

    Inaugurating the programme, Dr Surendra Kumar Bagde, IAS, Director General of NCGG, lauded the diverse representation of officers and highlighted its focus on strengthening digital governance capabilities.

    “This initiative is designed to equip participants with practical knowledge of India’s best practices in e-governance and to highlight the transformative role of technology in modern administration,” he said.

    Dr AP Singh, Associate Professor and Course Coordinator at NCGG, provided a detailed overview of the programme during the inaugural session. The training includes focused modules on critical themes such as the changing paradigms of governance, Aadhaar, digital payments in India, the Government e-Marketplace (GeM), the Public Finance Management System (PFMS), cybersecurity and cyber fraud, and the Digital India Land Records Modernisation Programme (DILRMP).

    Participants will also undertake several field visits to gain hands-on exposure. These include visits to the Lal Bahadur Shastri National Academy of Administration (LBSNAA), the Computerised Land Record Centre in Uttarakhand, the Mussoorie Dehradun Development Authority (MDDA), the PM Gati Shakti Anubhuti Kendra, the Election Commission of India, the National E-Governance Division, and the iconic Taj Mahal.

    Dr Bagde encouraged the Sri Lankan officers to actively participate and make the most of their interactions with mentors and subject experts throughout the programme.

  • MIL-OSI: Bitget’s Blockchain4Youth Celebrates Two Years of Youth-Driven Innovation

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, May 26, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, is excited to celebrate the 2nd Anniversary of Blockchain4Youth. With over 8,000 participants globally and more than 3,000 certificates issued, the program continues to empower the next generation with the knowledge and tools needed to shape the future of blockchain and Web3 innovation.

    The initiative’s success is anchored in its mission to bridge the knowledge gap between emerging technologies and youth audiences, particularly students, young developers, and aspiring entrepreneurs. Through the flagship initiative Bitget Builders, Bitget announced its global expansion through a series of offline engagements, inviting crypto enthusiasts from various backgrounds to co-build the Bitget ecosystem while unlocking insights, event access, and growth opportunities.

    Over the past year, Blockchain4Youth has collaborated with universities and educational institutions worldwide, including top institutions in North America, APAC and other regions. In March 2025, Blockchain4Youth saw itself at the centre of Google Developer Group’s “Build with AI” Hackathon, speaking and inspiring 130 bright student minds, exploring the intersection of blockchain and AI.

    Now entering its third year, Blockchain4Youth has expanded to over 70 countries and regions, reaching out through a series of educational partnerships, hackathons and online courses. With over 80+ campus lectures, Blockchain4Youth has made its mark in growing education and awareness around this emerging tech. This growth shows Bitget’s longstanding commitment to making blockchain knowledge accessible and inclusive while creating real-world impact.

    “Over the last two years, Blockchain4Youth has evolved from an idea into a global movement,” said Vugar Usi Zade, COO of Bitget. “We hold strongly onto the belief that the future is in the hands of the youth and we are thrilled to see how many young people have taken initiative to learn, build, and contribute to the Web3 space. As the blockchain industry continues to mature, it becomes essential to build a more inclusive and innovative digital future, and I believe the answer lies in the next generation.”

    Bitget remains committed to empowering global youth through impactful initiatives that foster innovation, education, and community building in Web3. As Blockchain4Youth enters its third year, it continues to serve as a cornerstone of Bitget’s broader mission to drive mainstream blockchain adoption through education and supporting youths.

    To find out more about Blockchain4Youth, please visit here.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

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

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

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bb4e4a58-2b8f-4450-8047-58180921d5c3

    The MIL Network –

  • MIL-OSI New Zealand: Supporting Cook Islands with audit preparations

    Source: Maritime New Zealand

    Members of Maritime NZ’s Pacific Maritime Safety Programme (PMSP) were in the Cook Islands in April, supporting its maritime administration as it prepares for an audit by the International Maritime Organization (IMO).

    As an IMO member, the Cook Islands is obliged to participate in the IMO Member State Audit Scheme (IMSAS). This scheme provides member states with a comprehensive assessment of how effectively they administer and implement IMO conventions – for example, the International Convention for the Safety of Life at Sea and International Convention on Standards of Training, Certification and Watchkeeping for Seafarers.

    The preparation focusses on port, coastal and Flag State responsibilities.

    A collaborative approach by key partner agencies is paramount to ensuring those with delegated functions are meeting the standards required.

    The PMSP has been working with the Cook Islands Ministry of Transport to prepare for the audit – reviewing its documentation and where necessary, updating or creating new resources to meet IMO requirements.

    In addition to supporting Cook Islands Ministry of Transport in working through its maritime documentation, PMSP has also:

    • worked with Maritime NZ’s Investigations team to deliver a maritime casualty investigations course to 16 participants
    • supported the development of a revised Maritime Transport Strategy
    • conducted a “mock” internal audit to help identify where the gaps are in anticipation of the real thing in September.

    Cook Islands Ministry of Transport is working with agencies across and outside government to support their preparations.

    The PMSP is a New Zealand Ministry of Foreign Affairs and Trade programme, funded through the International Development Cooperation programme and delivered by Maritime NZ.

    MIL OSI New Zealand News –

  • MIL-OSI Europe: Sweden: EIB finances major expansion of Stockholm metro – one of Europe’s largest urban transport projects

    Source: European Investment Bank

    EIB

    • The European Investment Bank (EIB) is providing approximately 400 million euro in additional financing to the Region of Stockholm and the City of Stockholm.
    • The project, which will affect four municipalities, involves 30 km of new tracks, 18 metro stations, and the expansion of a depot.
    • This is one of the largest metro expansion projects currently underway in Europe.

    The European Investment Bank (EIB) is stepping up its support for a project to expand the Stockholm metro by providing additional loans to the Region of Stockholm and the City of Stockholm. The EIB will provide a total of SEK 4.5 billion in financing, which equates to around €400 million. Including these new loans, the EIB has provided a total of over SEK 12 billion (more than €1 billion) for the project in Sweden’s capital.

    The project to expand the Stockholm metro is one of the largest infrastructure projects in Sweden to have been funded by the European Union and is the largest investment that the EIB has ever made in public transport in Sweden.

    EIB Vice-President Thomas Östros said: “This investment boosts both sustainable mobility and regional development. By providing an additional loan, we are demonstrating our long-term commitment to climate-smart investments in Europe’s growing cities. This project is an excellent example of how EU funding can benefit both people and the climate.”

    The metro project involves three new 30-kilometre sections in the Region of Stockholm, of which 20 kilometres will be in double-track tunnels, as well as 18 new stations. 130 500 housing units will be built along these new sections.

    The project will be implemented in the municipalities of Stockholm, Nacka, Solna and Järfälla. This initiative is essential to provide sustainable and efficient public transport to meet the needs of the growing population. 730 000 people currently use public transport in the county every day.

    Region of Stockholm Director-General Emma Lennartson said: “The EIB’s support is essential for investment in the metro expansion project. Continuing to invest in, and rely on, public transport is an effective way of reducing greenhouse gas emissions in the Region of Stockholm.”

    Lennartson also added:

    “With the City of Stockholm and our other partners in the county, we are working hard to reduce greenhouse gas emissions by 12% every year, which is necessary for the county to do its part to meet the objectives of the Paris Agreement. Investing in the metro will help to increase our chances of reaching carbon neutrality by 2045.”

    The new EIB loan is divided between the two borrowers:

    • SEK 2.5 billion will go to the Region of Stockholm
    • SEK 2 billion will go to the City of Stockholm.

    City of Stockholm Director-General Fredrik Jurdell said: “The EIB’s continued commitment to this financial partnership reaffirms the importance of the metro expansion project for sustainable growth in the capital and the surrounding areas. The new metro meets the needs of future generations in terms of transport and mobility, but also with regard to housing, given that housing units will be built as part of the project.”

    Significant efforts to boost sustainability are at the heart of the project to expand the Stockholm metro. Ceequal, a leading certification system for civil engineering projects, has completed an audit of the project. Several parties involved in the project received the ‘Excellent’ rating – the highest possible rating. This highlights how ambitious the project is with regard to the environment and sustainable development, going beyond legal and sector-specific requirements.

    Background information  

    EIB 

    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. Built around eight core 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, high-impact investments outside the European Union, and the capital markets union.  

    The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe’s competitiveness and security.  

    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 Group supported a record of over €100 billion in new investment for Europe’s energy security in 2024 and mobilised €110 billion in growth capital for startups, scale-ups and European pioneers. Approximately 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.

    High-quality, up-to-date photos of our headquarters for media use are available here.

    MIL OSI Europe News –

  • MIL-OSI Europe: EIB awards design services contract for West Campus Programme

    Source: European Investment Bank

    The European Investment Bank (EIB) has awarded the contract for design services for its West Campus Programme to a leading multi-national consortium, after a competitive tender process initiated in 2024.

    The selected consortium comprises Assar Universum Architects (Luxembourg), Assar BE Architects (Belgium), Schmidt Hammer Lassen Architects (Denmark), Paul Wurth Geprolux (Luxembourg), Tractebel Engineering (Belgium), Topotek 1 (Germany), and Papaya Urbanistes et Architectes Paysagistes (Luxembourg). Collectively, these firms bring extensive expertise in large-scale building design and renovation, with a particular focus on projects in Luxembourg.

    Under the signed Framework Agreement, the consortium will provide design services for an initial period of eight years, with the possibility of extension for up to three additional years. The agreement is valued at up to EUR 33 million.

    This milestone marks a significant step forward in the EIB West Campus Programme, which aims to renovate and extend the West Building (WKI) while preserving its historic façade. The consortium will be initially responsible for developing the preliminary design, for submission to the EIB’s governing bodies in early 2026.

    Commitment to Sustainability and Inclusion

    Aligned with the EIB’s commitment to sustainability and innovation, the West Campus Programme is designed to create a modern, comfortable, and inclusive work environment for staff and visitors. The project will prioritise climate action, energy efficiency, and circularity, in line with the EIB’s role as the EU Climate Bank. It will also reflect the principles of the New European Bauhaus, integrating sustainability, social inclusion, and aesthetics to deliver a beautiful and future-ready campus.

    MIL OSI Europe News –

  • MIL-OSI Russia: Open Days of the Master’s Degree Program at the State University of Management: Schedule by Institute

    Translation. Region: Russian Federal

    Source: State University of Management – Official website of the State –

    The State University of Management has prepared a number of introductory events for master’s degree programs. We invite you to review the list and register.

    Institute of Public Administration and Law (IGUiP)

    May 27, 13:00 Location: Atrium of the Information Technology Center Registration link: https://forms.yandex.ru/u/68298dc290fa7b2bf53656f1/

    Institute of Correspondence Education (IZO)

    May 29, 16:00 Online Connection link: https://my.mts-link.ru/j/36659217/1620421363

    June 5, 16:00 Online Connection link: https://my.mts-link.ru/j/36659217/2015436346

    June 19, 16:00 Online Connection link: https://my.mts-link.ru/j/36659217/1910124495

    June 21, 11:00 Location: LK-211 Registration link: https://forms.yandex.ru/u/67e14897068ff01863f70591/

    Institute of Information Systems (IIS)

    May 27, 17:00 Online Connection link: https://my.mts-link.ru/j/22120514/274063255 Registration link: https://forms.yandex.ru/u/682ae6d1e010db46ec544867/

    Institute of Marketing (IM)

    June 10, 16:00 Online Connection link: https://my.mts-link.ru/j/81529577/1742823199

    Institute of Industrial Management (IOM)

    June 5, 11:00 Location: PA-203 Registration link: https://forms.yandex.ru/u/6825b837d0468857d7a81f79/

    Institute of Economics and Finance (IEF)

    June 6, 16:00 Location: Information Technology Center, office 209 Connection link: https://my.mts-link.ru/j/22725512/1872657009

    Institute of Personnel Management, Social and Business Communications (IUPSiBK)

    June 5, 12:00 Location: PA-121 Registration link: https://priem.guu.ru/sample-page/dod-reg/

    We look forward to seeing everyone at events of interest.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI New Zealand: Update from the International Maritime Organization

    Source: Maritime New Zealand

    The work of the International Maritime Organization (IMO) has rolled on over the past few months. New Zealand continues to be engaged on issues that impact our maritime industry and has attended IMO meetings to represent our views.

    Standards of Training, Certification and Watchkeeping (STCW) for Seafarers Convention

    The Sub-Committee on Human Element, Training and Watchkeeping met in February for its 11th session (HTW11). Maritime NZ attended to pursue New Zealand’s interests in the comprehensive review of the Standards of Training, Certification and Watchkeeping (STCW) for Seafarers Convention.

    New Zealand’s primary objective for this review is to give seafarers and employers greater mobility and flexibility by allowing training and sea-going service between fishing and non-fishing roles to be recognised. To improve the implementation of STCW and reduce administrative burden New Zealand is promoting efforts to bring audit functions into the IMO Member State Audit Scheme framework. Without prejudice to countries conducting their own due diligence of States they recognise for certification purposes, this move would raise the baseline understanding of training quality systems. New Zealand has been working closely with other countries towards these goals and will continue to collaborate as the STCW review progresses. Read summary.

    Mid-term measures for the reduction of greenhouse gases from ships

    Agreeing mid-term measures for the reduction of greenhouse gases from ships is one of the most important international issues for New Zealand right now. This year there have been a series of meetings to reach consensus on what the mid-term measures should be, including what economic mechanism could be used. Discussions have focused on whether a levy should be introduced, with strong arguments on both sides.

    There has also been discussion of a bridging proposal to create steady revenues to fund the reduction of greenhouse gases from ships. It’s hoped that agreement will be reached at the Marine Environment Protection Committee meeting in April (MEPC83). If countries agree on mid-term measures they will be sent for approval to an extraordinary MEPC meeting in October 2025. These measures have the potential to significantly change the way international shipping operates in the future, the impact of which could stretch well beyond the shipping industry.

    Maritime Safety Committee

    Other IMO meetings include the Maritime Safety Committee, which had its 109th meeting in December 2024. The rules change to make pilot transfer arrangements safer was completed, which has been a key issue for New Zealand. The work now needs to get the final stamp of approval at the Assembly meeting in November before it can be implemented.

    Improvements to how the Committee works and manages its workload were also agreed to, which allowed a moratorium on new work outputs to be lifted. The Committee will start accepting new output proposals this year. New Zealand is particularly interested in the proposed reviews of the International Safety Management Code and Casualty Investigation Code. New Zealand will remain involved in the work should it be accepted by the Committee. Read summary.

    Sub-Committee on Pollution Prevention and Response

    The Sub-Committee on Pollution Prevention and Response met in January for its 12th session (PPR12). New Zealand attended this meeting in person and virtually. It progressed a wide range of work on pollution including: reviewing the Action Plan to address marine plastic litter, ongoing discussions around mandatory rules for transporting plastic pellets, agreeing draft guidelines on in-water cleaning for biofouling, and continuing work on how to regulate Exhaust Gas Cleaning Systems (also known as scrubbers). Read summary.

    MIL OSI New Zealand News –

  • MIL-OSI United Kingdom: Regeneration Capital Grant Fund 2026-27 – opportunity to submit expressions of interest 

    Source: Scotland – Highland Council

    The Highland Council is now accepting expressions of interest for the Regeneration Capital Grant Fund for 2026-27.

    The Fund supports locally developed place-based regeneration projects that involve local communities, helping to tackle inequalities and deliver inclusive growth in deprived, and fragile communities across Scotland.

    The Regeneration Capital Grant Fund (RCGF) is delivered in partnership with the Scottish Government and COSLA. This year, for the first time, RCGF will streamline the funding previously delivered through the Vacant and Derelict Investment Programme (VDLIP) and the Regeneration Capital Grant Fund (RCGF) into one dedicated fund. 

    Chair of the Economy and Infrastructure Committee, Councillor Ken Gowans said: “The Highland Council has been successful in securing Regeneration Capital Grant Fund grants from the Scottish Government since it was established in 2014.  The fund is an incredibly competitive challenge fund. We can only submit applications for projects that are suitably well developed and can demonstrate that they will start in 2026-27.

    “Due to the tight timescale I would encourage any organisations or groups with eligible projects to act now and submit an expression of interest form to our CRF Team by the deadline of 13 June 2025.”

    Since the grant fund opened in 2014, 19 projects from The Highland Council region have received funding. Among the most recent projects that have secured grant funding are Knoydart Bunkhouse (£560,000) John O’Groats Mill (£1.5M) and Glenurquhart Hall (£602,500).

    Applications must be submitted by The Highland Council.  For more information on the application process and the appropriate forms, please email the Community Regeneration Fund Team: RCGF@highland.gov.uk with information on your proposed project. Anyone interested has until 13 June 2025 to submit their online form.

    26 May 2025

    MIL OSI United Kingdom –

  • MIL-Evening Report: Fiji can’t compete with Australia and NZ on teacher salaries, says deputy PM

    By Lydia Lewis, RNZ Pacific presenter/bulletin editor

    Fiji cannot compete with Australia and New Zealand to retain its teachers, the man in charge of the country’s finances says.

    The Fijian education system is facing major challenges as the Sitiveni Rabuka-led coalition struggles to address a teacher shortage.

    While the education sector receives a significant chunk of the budget (about NZ$587 million), it has not been sufficient, as global demand for skilled teachers is pulling qualified Fijian educators toward greener pastures.

    Deputy Prime Minister and Finance Minister Biman Prasad said that the government was training more teachers.

    “The government has put in measures, we are training enough teachers, but we are also losing teachers to Australia and New Zealand,” he told RNZ Pacific Waves on the sidelines of the University of the South Pacific Council meeting in Auckland last week.

    “We are happy that Australia and New Zealand gain those skills, particularly in the area of maths and science, where you have a shortage. And obviously, Fiji cannot match the salaries that teachers get in Australia and New Zealand.

    USP vice-chancellor Professor Pal Ahluwalia, Fiji’s Finance Minister Professor Biman Prasad and Education Minister Aseri Radrodro at the opening of the 99th USP Council Meeting at Auckland University last week. Image: RNZ Pacific/Lydia Lewis

    According to the Education Ministry’s Strategic Development Plan (2023-2026), the shortage of teachers is one of the key challenges, alongside limited resources and inadequate infrastructure, particularly for primary schools.

    Hundreds of vacancies
    Reports in local media in August last year said there were hundreds of teacher vacancies that needed to be filled.

    However, Professor Prasad said there were a lot of teachers who were staying in Fiji as the government was taking steps to keep teachers in the country.

    “We are training more teachers. We are putting additional funding, in terms of making sure that we provide the right environment, right support to our teachers,” he said.

    “In the last two years, we have increased the salaries of the civil service right across the board, and those salaries and wages range from between 10 to 20 percent.

    “We are again going to look at how we can rationalise some of the positions within the Education Ministry, right from preschool up to high school.”

    Meanwhile, the Fiji government is currently undertaking a review of the Education Act 1966.

    Education Minister Aseri Radrodro said in Parliament last month that a draft bill was expected to be submitted to Cabinet in July.

    “The Education Act 1966, the foundational law for pre-tertiary education in Fiji, has only been amended a few times since its promulgation, and has not undergone a comprehensive review,” he said.

    “It is imperative that this legislation be updated to reflect modern standards and address current issues within the education system.”

    This article is republished under a community partnership agreement with RNZ.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI USA: Governor Newsom announces appointments 5.23.25

    Source: US State of California 2

    May 23, 2025

    SACRAMENTO – Governor Gavin Newsom today announced the following appointments:

    Andrew “Tristan” Peery, of Sacramento, has been appointed Senior Product Manager at the Office of Data and Innovation. Peery has been Director of Web and Interactive Communications at University of California, Davis since 2020, where he was previously Web Applications Development/Web Designer from 2014 to 2020. He held multiple positions at Oregon State University from 2006 to 2013, including Researcher/Web Applications Developer and Graduate Research Assistant. Peery was a Staff Scientist at Woods Hole Group from 2001 to 2005. He earned a Master of Science degree in Physical Oceanography from Oregon State University and a Bachelor of Science degree in Marine Science from Texas A&M University at Galveston. This position does not require Senate confirmation, and the compensation is $150,348. Peery is registered without party preference. 

    Ramank Bharti, of Napa, has been appointed Director of Risk Management and Project Controls at the California High Speed Rail Authority. Bharti held multiple positions at ALSTOM Inc from 2004 to 2025, including Project Director, United States West Coast Services, Site Controller, Services North America, Region Controller, Controller, Budgeting and Reporting, and Work Package Controller. He was a Program Director at Transportation and Transit Associates from 2003 to 2004. Bharti was an MBA Intern at the New Orleans Regional Transit Authority from 2002 to 2003. He was a Deputy Chief Mechanical Engineer at the North Eastern Railway from 1996 to 2001. Bharti was a Manager, Industrial Engineering at Diesel Component Works from 1992 to 1996. He was a Mechanical Engineer at Northern Railway from 1990 to 1992. Bharti earned a Master of Business Administration degree in Finance from Tulane University and a Bachelor of Engineering degree in Mechanical Engineering from the Indian Railway Institute of Mechanical and Electrical Engineering. This position does not require Senate confirmation, and the compensation is $225,000. Bharti is a Democrat.

    Kevin Parzych, of San Luis Obispo, has been appointed Chief of Primary Care Services at Atascadero State Hospital. Parzych has been Chief Medical Officer at Wilshire Health and Community Services since 2013 and Owner of Wilshire Connected Care and K Parzych a Medical Corp since 2017. He was Medical Director of Hospice at Good Shepard Homecare and Hospice from 2004 to 2013. Parzych was Owner of Parzych Family Practice from 2002 to 2013. Parzych earned a Doctor of Medicine degree from Albany Medical College and a Bachelor of Arts degree in Psychology from the University of Connecticut. This position does not require Senate confirmation, and the compensation is $374,400. Parzych is registered with no party preference.

    Madelynn McClain, of Sacramento, has been appointed Director of the Division of Administrative Services at the California Department of Corrections and Rehabilitation. McClain has been Assistant Deputy Director of the Division of Adult Institutions at the California Department of Corrections and Rehabilitation since 2024. McClain held several positions at the Department of General Services from 2023 to 2024, including Deputy Director of the Real Estate Services Division and Chief Financial Officer. She held several positions at the California Department of Corrections and Rehabilitation from 2020 to 2023, including Deputy Director at the Office of Fiscal Services and Associate Director of the Budget Management Branch. McClain was a Principal Program Budget Analyst at the California Department of Finance from 2017 to 2020. She was a Judicial Fiscal Supervisor at the Judicial Council of California from 2015 to 2017. McClain was a Finance Budget Analyst at the Department of Finance from 2003 to 2015. This position requires Senate confirmation, and the compensation is $208,440. McClain is a Democrat.

    Raul Morales, of Visalia, has been appointed Warden at Substance Abuse Treatment Facility and State Prison. Morales has been Acting Warden at Substance Treatment Facility and State Prison since 2024. He was Acting Warden at Valley State Prison in 2024. He held several positions at Substance Abuse Treatment Facility and State Prison from 2001 to 2024, including Chief Deputy Warden, Associate Warden, Captain, Correctional Lieutenant, Correctional Sergeant, and Correctional Officer. This position does not require Senate confirmation, and the compensation is $193,524. Morales is registered without party preference. 

    Press releases, Recent news

    Recent news

    May 23, 2025

    News What you need to know: The City of Tustin received a new water treatment system filtering “forever chemicals,” or PFAS, from local drinking water. TUSTIN – As the federal government announces plans to weaken regulation of “forever chemicals” in drinking water,…

    May 23, 2025

    News What you need to know: California is providing $56 million in grants to help counties provide services for young adults at risk of homelessness. SACRAMENTO – Continuing California’s success in reducing homelessness in youth, Governor Gavin Newsom and the…

    May 23, 2025

    News What you need to know: Six canine officers joined the force to fight back against crime and drug trafficking — the first class trained from day one to detect fentanyl. Sacramento, California – After months of specialized and intensive training, six K-9 teams…

    MIL OSI USA News –

  • MIL-OSI New Zealand: Charter boat operator sentenced over fatal incident

    Source: Maritime New Zealand

    A company’s failure to ensure health and safety policies and procedures were correctly followed played a key role in the tragic death of a passenger on a luxury charter vessel.

    Zefiro Charters Limited was today sentenced in the District Court at Auckland for a breach of the Health and Safety at Work Act 2015, in relation to the death of Danielle Tamarua on 1 April, 2021, after she fell overboard off the Zefiro. At the time Ms Tamarua was on the vessel with work colleagues on a trip around the Hauraki Gulf.  

    Maritime NZ’s General Manager Investigations, Pete Dwen says the company had been operating the Zefiro for 17 years, and it had policies and procedures in place to keep passengers safe while it was underway.  

    “Tragically these procedures were not followed on 1 April, 2021,” he says.  

    In accordance with the Maritime Operator Safety System, Zefiro Charters’ was operating under a Maritime Transport Operator Plan (MTOP).  This plan identified various health and safety risks, including the hazard of passengers being on the bow of the vessel while it is underway. Ultimatley, the company failed to ensure the systems and processes in the MTOP were properly implemented and enforced on board. 

    “All crew members are meant to know, understand and enforce the health and safety procedures on the vessel.  

    “The MTOP plan also covered a safety briefing which stated passengers were not allowed on the bow, side decks or the duckboard (the very rear of the boat) while it is underway.  

    “Some crew were unaware it was a policy for the vessel,” Mr Dwen says. 

    There was also a lack of a physical barrier for the passengers indicating the no-go areas. 

    Prior to Ms Tamarua falling overboard, the vessel was returning to berth, and weather conditions had worsened.  Ms Tamarua had gone up to the bow of the vessel with another passenger.  

    “When returning to go back inside the vessel, Ms Tamarua slipped and fell overboard. She was struck by the vessel and died, despite the efforts to save her.

    “If the prescribed health and safety procedures were followed, this incident would have likely been avoided,” Pete Dwen says.  

    “This should have been a fun day out on the water. This incident is a horrific example of what can go wrong when a company fails to ensure health and safety procedures are followed. 

    “I want to offer our sincere condolences to the family and friends of Ms Tamarua, as well as those on-board the Zefiro on 1 April, 2021. 

    “I also want to thank the emergency service personnel who responded quickly and professionally to a very difficult situation,” Pete Dwen says.  

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Risks of berthing highlighted in sentencing of barge operator

    Source: Maritime New Zealand

    A range of factors have been identified as contributing to an incident where a barge crew member was fortunate to survive.

    Nelson Ranger Fishing Company Limited was recently sentencing in the District Court at Christchurch for failing to comply with its duties under the Health and Safety to Work Act 2015.  

    The company, was in 2023 operating the mussel barge, St George. A crew member of the barge was injured while retrieving berthing lines (lines connecting the barge to the wharf) at Lyttelton Port.  

    The St George was crewed by five people.  

    Issues with the company’s safety systems for berthing (1), failings around training and supervision of the crew, and monitoring of procedures were identified as factors in the incident which saw the crew member suffering crushing injuries.  

    “There is risk when berthing a vessel of any type. In this instance the appropriate steps were not undertaken to ensure the safety of the crew,” Investigation’s Manager at Maritime NZ, John Maxwell says.  

    To manage the tidal changes when berthing, Nelson Ranger Fishing Company Limited installed nails on the wharf piles to secure the lines. The system meant on occasion, crew members needed to lean over the side to tie and untie the lines of the vessel while berthing, putting their bodies between the vessel and the wharf. This is what occurred the day the crew member got crushed between the barge and the wharf. 

    While the victim was leaning over the railing and attempting to untie the line, the St George drifted back into the wharf and crushed the victim’s head and neck between the side of the barge and the wharf pile.  

    “This was an incredibly serious incident, and it is very fortunate we are not talking about a fatality,” John Maxwell says.  

    There were other safe options available which could have enabled the crew to securely and safely retrieve berthing lines.  

    The berthing process was identified as a hazard in the vessel manual. With injury to crew listed as a risk.  

    “Unfortunately, this incident is an example of the consequences of what happens when berthing is incorrectly undertaken.  

    “This should serve as a strong reminder to everyone in the maritime industry, from recreational right through to commercial, full attention needs to be given when coming alongside,” John Maxwell says.  

    ENDS  

    Sentencing notes:  

    Nelson Ranger Fishing Company Limited was fined $250,000 and ordered to pay costs of $10,000.  

    Terminology:  

    Berthing: (bringing a vessel alongside to its allotted location at the wharf) 

    MIL OSI New Zealand News –

  • MIL-OSI Economics: Verizon to speak at Cowen TMT Conference May 28

    Source: Verizon

    Headline: Verizon to speak at Cowen TMT Conference May 28

    NEW YORK, N.Y. – Frank Boulben, senior vice president and chief revenue officer for the Consumer Group of Verizon (NYSE, Nasdaq: VZ), is scheduled to speak at the Cowen Technology, Media & Telecom Conference on Wednesday, May 28, at 10:15 a.m. ET. His remarks will be webcast, with access instructions available on Verizon’s Investor Relations website, www.verizon.com/about/investors.

    For details on Verizon’s most recent financial results, view the company’s 1Q25 earnings results here.

     

    MIL OSI Economics –

  • MIL-OSI Economics: Verizon to speak at Cowen TMT Conference May 27

    Source: Verizon

    Headline: Verizon to speak at Cowen TMT Conference May 27

    NEW YORK, N.Y. – Frank Boulben, senior vice president and chief revenue officer for the Consumer Group of Verizon (NYSE, Nasdaq: VZ), is scheduled to speak at the Cowen Technology, Media & Telecom Conference on Wednesday, May 28, at 10:15 a.m. ET. His remarks will be webcast, with access instructions available on Verizon’s Investor Relations website, www.verizon.com/about/investors.

    For details on Verizon’s most recent financial results, view the company’s 1Q25 earnings results here.

     

    MIL OSI Economics –

  • MIL-OSI Asia-Pac: HKMC’s Annual Results Highlights for 2024

    Source: Hong Kong Government special administrative region

    HKMC’s Annual Results Highlights for 2024 

    • Completed the second issuance of infrastructure loan-backed securities. The issuance consists of multiple classes of US dollar-denominated secured notes backed by the cash flows from a diversified portfolio of project and infrastructure loans across different geographies and sectors, with a total size of US$423.3 millionDebt Issuance
    • Issued corporate debts of HK$103.5 billion for 2024 (2023: HK$98.3 billion), being the most active issuer in the domestic market of Hong Kong dollar (HKD) corporate bonds
    • Successfully completed the issuance of multi-tenor HKD benchmark bonds of HK$12 billion, being the largest-ever HKD senior unsecured public bond transaction at the time of issuance
    • Successfully completed the third social bond issuance of approximately HK$23.8 billion equivalent in triple-currency of HKD, Renminbi and US dollar, being the largest social bond issuance in Asia Pacific
    • Outstanding balance of debt securities issued was HK$148.3 billion as at December 31, 2024 (December 31, 2023: HK$161.7 billion)Mortgage Insurance Programme (MIP)
       SME Financing Guarantee Scheme
       Dedicated 100% Loan Guarantee Schemes
       Annuity Business
       Reverse Mortgage Programme (RMP)
       Financial Highlights

      The audited consolidated loss after tax of the HKMC for 2024 was HK$418 million (2023: consolidated loss after tax of HK$260 million). The increase in accounting loss was largely due to the negative impact of property price drop on fast-growing reverse mortgage business which was partly mitigated by the increase in net interest income together with the return from the placements with the Exchange Fund.Issued at HKT 19:48

      NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI: Bitcoin Solaris Launches Beta Access to Solaris Nova App and Enters Final Phases of Presale

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, May 26, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris, the next-generation blockchain project powered by the Helios Consensus Mechanism, has officially opened beta access to its Solaris Nova app and is now in Phase 5 of its limited presale. This marks a pivotal moment for the project as it expands accessibility through mobile mining and prepares for full-scale launch.

    Solaris Nova Beta: Mining from Your Smartphone
    The Solaris Nova app introduces one of the most accessible blockchain participation models to date. With just a smartphone, users can mine BTC-S tokens using the app’s intuitive one-click interface eliminating the need for expensive hardware or technical expertise.

    Beta access is currently open to early community members, with wider availability expected in the coming weeks. The app includes an integrated wallet for secure token management and will soon support seamless liquidity features and DeFi compatibility.

    The Game-Changer: Helios Consensus
    At the heart of Bitcoin Solaris’s innovation is the Helios Consensus Mechanism—a hybrid protocol that merges the best of both worlds: the reliability of Proof-of-Work (PoW) and the efficiency of Delegated Proof-of-Stake (DPoS). This dual-layer approach not only enhances decentralization but also slashes energy usage by up to 99.95%.

    Here’s what makes it stand out:

    • Security of PoW ensures robust protection against double-spending and malicious activity.
    • Speed and Scalability of DPoS allow Bitcoin Solaris to process up to 10,000 transactions per second.
    • Fair Mining Access opens participation to anyone with a smartphone through the upcoming Solaris Nova app.

    While Ethereum has focused on gas fee optimization and L2 integrations, Bitcoin Solaris is laying an entirely new foundation—one that could redefine what blockchain access and profitability look like.

    Features that Make Bitcoin Solaris a Wealth Engine
    Bitcoin Solaris is more than a protocol—it’s a complete wealth-building ecosystem. Here’s what gives it an edge:

    • Universal Mobile Mining: Mine BTC-S from your smartphone, tablet, or laptop. No expensive equipment. No technical hurdles.
    • One-Click Interface: The Solaris Nova app simplifies mining with just a tap.
    • In-App Wallet: Securely store and manage tokens without needing third-party tools.
    • Liquid, DeFi-Ready: Solaris tokens are designed for real-world liquidity and future integrations.
    • Energy-Efficient: Reduces consumption without sacrificing decentralization.

    Why Work for Money When BTC-S Can Work for You?

    Beta access to the Solaris Nova app is already underway for early community members. While the official release is pending, there’s still an opportunity to be part of this exclusive test phase.

    Presale Update: Limited Supply, Rapid Growth

    Bitcoin Solaris is currently in Phase 5 of its presale, with tokens priced at $5. The presale has already raised over $1.2 million from more than 8,900 participants, underlining the growing interest in the project’s mobile-first approach and energy-efficient blockchain design.

    • Current Token Price: $5
    • Next Phase Price: $6
    • Launch Price: $20
    • Presale Bonus: 11%
    • Presale Ends: July 31, 2025

    The presale runs only until July 31, 2025, offering a staggering potential return of up to 1,900%. Over 8,900 users have already jumped in, with over $1.2 million raised, making it one of the fastest-growing crypto sales this year.

    To stay updated with the latest announcements and community events, follow Bitcoin Solaris on X or join the vibrant discussions happening daily in their Telegram group.

    Growing Recognition in the Space
    Influencers and crypto analysts are taking notice. A standout review from Token Galaxy dives deep into why Bitcoin Solaris may be the most disruptive project of the year. Their breakdown highlights not just the tech, but the team, transparency, and early community impact.

    And it’s not just influencers. Independent audits from Cyberscope and Freshcoins, along with full KYC verification, reinforce Bitcoin Solaris’s legitimacy in a sea of hype coins.

    Join the Future of Decentralized Participation
    The beta rollout of the Solaris Nova app and the current presale phase represent critical steps in the Bitcoin Solaris roadmap. With its focus on inclusive mining, transparent operations, and sustainable technology, Bitcoin Solaris is building more than a blockchain. it’s creating a movement.

    To join the presale or learn more:

    Media Contact:
    Xander Levine
    info@bitcoinsolaris.com
    Email: press@bitcoinsolaris.com

    Press Kit: [Available Upon Request]

    Disclaimer: This is a paid post and is provided by Bitcoin Solaris 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.

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/a1961200-cc3d-4bbd-854a-cccb4e666cf4
    https://www.globenewswire.com/NewsRoom/AttachmentNg/aaea121d-60b7-4103-a60f-a63daf31f971
    https://www.globenewswire.com/NewsRoom/AttachmentNg/0038fbba-7d02-4315-8a4a-75843aa09c56
    https://www.globenewswire.com/NewsRoom/AttachmentNg/0149f0b4-f20d-405d-a0cb-af70b620cbdb

    The MIL Network –

  • MIL-OSI New Zealand: Safety failings highlighted in Debbie Jane case

    Source: Maritime New Zealand

    A number of safety failings have been identified following the sentencing of a fishing vessel skipper in Christchurch.

    Skipper David Atkinson has been sentenced in the Christchurch District Court, under the Health and Safety at Work Act, after the vessel Debbie Jane ran aground at Christchurch’s Waimairi Beach, in December 2019.

    The incident happened after Mr Atkinson became disoriented during a fishing trip between Akaroa Harbour and Nelson.

    As well as David Atkinson, a 73-year-old retired teacher and a 41-year-old woman were also on-board. Neither of them had any commercial fishing experience; nor had they been thoroughly inducted before or after boarding the vessel.

    Investigation’s Manager at Maritime NZ, John Maxwell says several significant failings eventually led to the vessel running aground and the skipper and two crew needing to be rescued.

    “David Atkinson’s lack of knowledge about the vessel, its electronic equipment meant he was unable to make the right decisions when the vessel got into trouble, as it neared shore,” John Maxwell says.

    A lack of induction for the crew meant they were unable to assist either.

     “It is essential crew are provided a thorough induction, including where to find and how to use safety equipment such as lifejackets and emergency position-indicating radio beacons (EPIRBS),” he says.

    This did not occur on the Debbie Jane.

    “If they knew where the beacons were, when to use them or how to request help, assistance could have come to the vessel before it reached land,” John Maxwell says.

    Skippers must also be mindful of their knowledge limitations and capabilities when skippering vessels, and of their maritime ticket and what it  allows them to do.

    Mr Atkinson, who was 66 at the time of the incident, held a coastal launch masters certificate but had not worked as a fisherman since 2004.

    “Skippers who have spent a long-period of time off the water should look at training to familiarise themselves with being on the water again,” John Maxwell says.

    Court documents show he had two days as a skipper in 2018, employment that was cut short over concerns about his abilities on that vessel.

    Sentencing note:

    David Atkinson was fined $3000, plus $120 court costs.

    In 2022, the owner of the vessel and sole director of Hatherly Fishing Limited, Jeremy Hatherly was sentenced under the Health and Safety at Work Act.

    This was for failing to exercise due diligence to ensure HFL complied with its duty to ensure the health and safety of its workers. His failures included failing to assess Mr Atkinson’s experience to ensure he was competent to skipper the vessel, failing to provide adequate training to the skipper and crew and not ensuring the safety equipment on the vessel was in working order.

    He was ordered to pay $11,000 reparation to two members of the crew.

    MIL OSI New Zealand News –

  • Dharmendra Pradhan hands over Letter of Intent to University of Liverpool for Bengaluru campus

    Source: Government of India

    Source: Government of India (4)

    Union Minister for Education, Dharmendra Pradhan, presided over the handover of a Letter of Intent (LoI) to the University of Liverpool in New Delhi on Monday. This marks the second foreign university to receive such an LoI under the University Grants Commission (UGC) Regulations, 2023, which facilitate the establishment of foreign higher educational institutions’ campuses in India.

    In his address, Pradhan emphasized that this development underscores India’s growing role as a trusted partner in global higher education. He said the initiative aligns with the transformative vision of the National Education Policy (NEP) 2020, which aims to create rooted, futuristic, and globally oriented education systems and to produce global citizens.

    Reiterating Prime Minister Narendra Modi’s vision of a ‘Viksit Bharat’ by 2047, Pradhan said that implementation of NEP 2020 is key to achieving this goal. He also stressed the importance of R&D and innovation, noting that the University of Liverpool’s focus on STEM research in India will be mutually beneficial for both academia and society.

    The University of Liverpool has received formal approval from the UGC to open its first foreign university campus in Bengaluru. It is expected to begin operations in August 2026 with undergraduate and postgraduate programmes in Business Management, Accounting and Finance, Computer Science, and Biomedical Sciences. Notably, it will also introduce a Game Design programme—a first for a UK university campus in India.

    The Bengaluru campus is envisioned as a research-intensive environment that will focus on addressing global and local challenges through fundamental, applied, and industry-oriented research. It will also offer global mobility opportunities, enabling Indian and UK-based students to benefit from international exposure and academic exchange.

    During the event, three Memoranda of Understanding (MoUs) were signed with the Royal College of Obstetricians and Gynaecologists (RCOG), AstraZeneca Pharma India Limited, YouWeCan, and Dream11 to explore collaborative initiatives.

    Dr. Vineet Joshi, in his remarks, described the LoI as more than symbolic, representing India’s broader transformation in higher education through strategic reforms, international partnerships, and policy innovation. He reiterated that NEP 2020 prioritizes internationalization and institutional flexibility to ensure India remains globally competitive in education.

  • MIL-OSI New Zealand: Maritime NZ statement on Enchanter decision

    Source: Maritime New Zealand

    The sinking of the Enchanter was a tragic incident in which five people lost their lives.

    The vessel capsized after being struck by a large wave on 20 March, 2022 off the Northland coast.

    At the time, it had 10 people on-board and was returning from a charter fishing trip at the Three Kings.

    Five people survived, after an EPIRB (emergency position indicating radio beacon) was activated, and they were winched off the boat’s debris by a responding rescue helicopter. The search and rescue effort, coordinated by Maritime NZ’s Rescue Coordination Centre was significant, and included responders from NZDF, Police, Coastguard, local vessels and Northland and Auckland rescue helicopter trusts.

    In May (2024), Skipper, Lance Goodhew faced a judge-alone trial, after Maritime NZ filed one charge under the Health and Safety at Work Act.

    This morning, 22 July, 2024, Judge Philip Rzepecky released his decision, which found in favour of Enchanter’s skipper Lance Goodhew.

    General Manager Investigations at Maritime NZ, Pete Dwen says this has been a difficult two years for a huge number of people.

    “I want to extend our deepest sympathies to the families of the five victims, and all of their loved ones. As well as the survivors, responders and everyone else impacted by this tragic incident.

    “We want to assure everyone the decision to file a charge against Mr Goodhew, as the skipper, was a considered one, and our investigations and legal teams worked hard to present this case,” Mr Dwen says.

    It is too soon to say whether the decision will be appealed. 

    “We will now take some time to review the Judge’s decision, then consider what the next steps may be,” Pete Dwen says. 

    Maritime NZ wants to thank those who have taken time to work with it on the proceedings taken in relation to this incident.

    We will not be commenting further at this time.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Serious injury a stark reminder of risks when operating on vessels involved in mussel harvesting

    Source: Maritime New Zealand

    Maritime NZ is urging operators to have steps in place to reduce the risks to their workers when machinery is operating.

    This comes after an employee of Paddy Bull Limited suffered a serious injury to their arm during a post mussel-harvest clean-up operation while accessing the inside of a mussel tumbler on one of the operator’s (Paddy Bull Limited’s) barges, the Riptide.

    The incident occurred on a mussel farm, on the Coromandel in January 2023.

    Earlier this month (July, 2024), Paddy Bull Limited was sentenced in the District Court at Auckland under the Health and Safety at Work Act 2015, for breaching their duties, by exposing a worker to the risk of death or serious injury.

    Marine mussel farms work by growing mussels on ropes, which are then hauled onto a barge, stripped off the rope, and cleaned in the mussel tumbler.

    The tumbler is an essential piece of purpose-built machinery, which needs to be cleaned after each mussel harvest in order to remove any debris that may be left inside.

    “The worker removes the debris by hand, and the tumbler should be turned off when it was being cleaned.

     “The particular tumbler was not configured to automatically shut off if the door is open,” Maritime NZ, Investigation’s Manager, John Maxwell says.

    Prior to the incident, the victim noticed a bit of seaweed left inside the tumbler and reached in to grab it. Another worker, who was in the vessel’s cabin, went through the usual process of turning the vessel on, which immediately restored power to the tumbler. The victim’s arm was still inside the tumbler and got caught in the fast turning machinery causing significant injury.  

    “If the machinery had been configured in a way that stopped the tumbler from turning on while its doors were open, the incident would not have happened,” says John Maxwell.

    Following the incident, Paddy Bull Limited had the engineering controls modified on the tumbler to prevent an incident like this happening again.

    Maritime NZ strongly recommends operators take a proactive approach with managing the risks in their operations, and have the correct procedures in place to protect their employees.

    Sentencing notes:

    For a breach of s48 under the Health and Safety at Work Act, 2015 for exposing a worker to the risk of death and serious injury, Paddy Bull Limited was fined $180,000 and ordered to pay victim reparation and court costs.

    MIL OSI New Zealand News –

  • MIL-OSI: Finfra Astra Fintech Launches Canada’s First Solana Accelerator in Partnership with MixMarvel — Named ‘AMS’

    Source: GlobeNewswire (MIL-OSI)

    Key Takeaways:

    • Accelerator with Local Roots: AMS combines Astra’s Solana expertise + MixMarvel’s 10-year Korea footprint to scout/grow top projects.
    • Funding & Ecosystem Boost: Backed by Astra’s $100M fund, AMS empowers Korean Solana startups .
    • Strategic PayFi Expansion: AMS fuels Astra’s payment business and Solana’s Korean adoption, reinforcing its HQ commitment.

    VANCOUVER, British Columbia, May 26, 2025 (GLOBE NEWSWIRE) — Astra Fintech, a Canada-based leader in blockchain-powered Finfra solutions, has partnered with MixMarvel, world’s leading content incubation platform and creators community, to launch AMS – first Canadian Solana Accelerator in Korea. This initiative underscores Astra’s commitment to Korea’s blockchain ecosystem, building on its earlier establishment of a local HQ and its $100M Solana-focused fund.

    AMS: Cultivating Korea’s Most Promising Solana Builders
    The AMS will identify and nurture high-potential Korean startups developing innovative solutions for the Solana ecosystem. Selected projects will gain access to:

    • Funding & Strategic Support: Backed by Astra’s $100M ecosystem fund, including direct investment opportunities.
    • Local & Global Resources: Leveraging MixMarvel’s decade-long expertise in Korea’s gaming and Web3 markets, combined with Astra’s fintech and cross-border payment capabilities (PayFi).
    • “Last Mile” Growth: Hands-on mentorship, technical infrastructure, and go-to-market strategies to accelerate commercialization.

    Why MixMarvel? A Gateway to Korea’s Web3 Ecosystem
    Astra’s partnership with MixMarvel—a platform with nearly 10 years of local influence, a vast creator network, and deep gaming/Web3 content expertise—ensures AMS can tap into Korea’s top talent and resources. This collaboration accelerates Astra’s dual goals:

    • Expanding its PayFi business through blockchain-native payment integrations.
    • Strengthening Solana’s ecosystem with scalable, Korea-born innovations.

    From Seoul to the World: Astra’s Korea-First Strategy
    “AMS Accelerator demonstrates Astra’s conviction in Solana’s potential to redefine global fintech,” said Jamie, Head of Partnership at Astra Fintech. “We’re particularly excited to support Korean innovators who are pushing boundaries in critical areas like Asset Issuing & Launching, Liquidity Providing, Programmable Payment, and Onchain Stock & Option Trading – these will be key focus areas for AMS’s selection criteria. Korea’s vibrant blockchain ecosystem is the ideal launchpad for this initiative, and we’re committed to providing both capital and strategic expertise to help these projects succeed at scale.”

    The accelerator reaffirms Astra’s strategic investments in Korea, including its HQ launch and $100M fund, while aligning with Solana’s vision for mass adoption. Applications for AMS’s first cohort will open soon.

    About Astra Fintech
    Astra Fintech is a Canada-based blockchain finance leader revolutionizing FinFra by bridging traditional and decentralized payments. As a strategic Solana ecosystem partner backed by Multicoin LPs, we deliver secure, borderless PayFi solutions while driving innovation through investments in next-gen financial infrastructure.
    X: https://x.com/AstraFintech

    About MixMarvel
    MixMarvel is the world’s leading blockchain content incubation platform and creator community supported by strong eco solutions and an investment arm. It has been connecting metaverse entrepreneurs, investors and mass users since 2017.

    Contact:
    Connie
    contact@astra.holdings

    Disclaimer: This is a paid post and is provided by Astra Fintech. 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/8ab8d1c6-0ff4-4b92-8c66-f1fa85d8102d

    The MIL Network –

  • MIL-OSI New Zealand: Stevedoring company investing in training and research following enforceable undertaking

    Source: Maritime New Zealand

    An enforceable undertaking between Maritime NZ and stevedoring company SSA, is set to benefit a range of groups including port workers, emergency responders and health researchers.

    In December 2021 a Maritime NZ investigation commenced after an SSA stevedore, who was working at height and guiding containers into position on a container ship, was pinned between a swinging container and another one behind him.

    Maritime NZ’s investigation found that the worker was wearing a harness to work at height without a safety line and relied on clipping himself to lashing bars using a single lanyard/clip.

    This meant the stevedore was unable to move away from the swinging container, and into a safer position.

    “We know working at height is a critical risk area for causing harm at ports. We agreed to the enforceable undertaking as it proposed a range of benefits for a variety of different groups,” Maritime NZ’s General Manager Investigations, Pete Dwen says.

    An enforceable undertaking is an agreement between Maritime NZ and a duty holder (operator) made under the Health and Safety at Work Act 2015 (HSWA). It is entered into voluntarily by the duty holder following a breach (including an alleged breach) of HSWA and, once in place, is legally binding. It is generally used as an alternative to prosecution. It must include appropriate amends to victims, and commitments that would promote health and safety at that work place, the wider industry and the community.

    The $285,000 undertaking will see SSA develop courses to improve safety of those working at heights, implement changes to reduce risks on mobile plants, and improve training for first responders attending incidents at ports.

    “A key part of the undertaking will be to improve sector training through the development of a working-at-heights training programme.”  

    “Education is a critical part of improving safety, and we are glad to see SSA proactively working to promote safer practices and reduce instances of harm,” Mr Dwen says.

    Responders from Fire and Emergency will benefit too, with funding set aside to develop a port response training course.

    “Fire and Emergency personnel are often called upon to respond to incidents at ports, and it is important they understand how ports work and the risks at them,” Pete Dwen says.

    As well as the industry and port-focused initiatives, SSA will fund a Massey University study targeting soft tissue injuries.

    MIL OSI New Zealand News –

  • MIL-OSI: Exodus Launches XO Pay: Direct Crypto Purchasing Service for U.S. Mobile Customers

    Source: GlobeNewswire (MIL-OSI)

    OMAHA, Neb., May 26, 2025 (GLOBE NEWSWIRE) — Exodus announces the launch of XO Pay, a new service that allows customers to buy and sell cryptocurrency directly within the Exodus Mobile wallet.

    Developed by Exodus and powered by Coinme’s Crypto-as-a-Service API platform, XO Pay is the first self-custody wallet with native on-ramping. XO Pay eliminates the need for third-party exchanges, providing a seamless crypto buying experience for customers with all the benefits of self-custody.

    XO Pay currently supports popular cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Polygon (POL), Litecoin (LTC), Chainlink (LINK), Stellar (XLM), and USD Coin (USDC). Customers can make purchases using Visa or Mastercard debit cards, Apple Pay, or Google Pay.

    XO Pay is now available to customers across the United States, with the exception of New York and Vermont.

    “XO Pay represents our commitment to making cryptocurrency more accessible to everyday customers,” said JP Richardson, Co-Founder and CEO of Exodus. “By integrating the purchasing process directly into our mobile wallet, we’re removing barriers and simplifying the journey from fiat to crypto, and back.”

    Key Features of XO Pay:

    • Complete purchases in under 60 seconds with quick and easy onboarding
    • Maximize buys with industry-leading competitive rates
    • Access world-class support from Exodus’ elite customer service team

    The user experience has been designed with simplicity in mind. Customers can initiate a purchase by tapping the Buy & Sell icon in the Exodus Mobile app, selecting their desired cryptocurrency and purchase amount, and choosing XO Pay as their provider. The platform will then guide customers through a straightforward verification process.

    “By creating a Web2 checkout experience into a Web3 self-custody wallet, Exodus has set a new bar for crypto user experience,” said Neil Bergquist, CEO and co-founder of Coinme. “Exodus’ innovative integration of Coinme’s APIs delivers the seamless in-app purchase flow users expect while keeping them in full control of their assets.”

    Dedicated support is available at support@xopay.com, with representatives ready to help with any transaction issues or questions, or by visiting www.xopay.com.

    About Exodus
    Exodus empowers individuals to take control of their lives in a digital world with secure, user-friendly crypto software. Since 2015, Exodus has made digital assets accessible through self-custodial wallets that put customers in full control of their funds, enabling seamless swaps, buys, and sells. For businesses, Exodus offers Passkeys Wallet and XO Swap, leading solutions for embedded crypto wallets and swap aggregation. Committed to accessible and secure finance, Exodus is shaping the future of digital ownership. Learn more at exodus.com or follow us on X at x.com/exodus.

    About Coinme Crypto-as-a-Service
    Founded in 2014, Coinme is a leading licensed and regulated provider of Crypto-as-a-Service (CaaS), its B2B2C crypto and stablecoin enablement platform. Coinme’s CaaS enables a fully native and seamless crypto exchange and payment experience within our partners’ web or mobile apps. By integrating with Coinme’s simple API suite, partners can quickly deploy crypto and stablecoin products and services natively on their front-end while leveraging Coinme’s robust exchange and compliance infrastructure. For more information, please visit https://coinme.com/enterprise.

    Investor Contact
    investors@exodus.com

    The MIL Network –

  • MIL-OSI Australia: $5 million for projects turning trash into treasure

    Source: Tasmania Police

    Issued: 26 May 2025

    Eight projects are turning old materials into innovative new products with support from the $5 million Circular Economy Investment Program.

    From a robotic pallet dismantler to a food rescue mission, the successful projects pave the way towards a less-wasteful society – where waste is never wasted.

    With grants of between $250,000 and $750,000 from the Queensland Government, recipients will revolutionise a range of key industries, rethinking how we handle waste and what it can be repurposed for.

    By prioritising keeping materials in circulation, not only will we be reducing landfill and boosting recycling rates; we will be reducing the reliance on brand-new materials.

    Acting Deputy Director-General at the Department of the Environment, Tourism, Science and Innovation Kahil Lloyd said these projects showcase the potential to unleash economic opportunities by reducing, reusing and recycling valuable materials.

    “These projects will not only help to reduce the roughly 10 million tonnes of waste produced in Queensland each year but also innovate a range of industries and support up to 72 local jobs.

    “From a robotic pallet dismantler to innovative recycling approaches for mattresses, medical plastics and truck tarpaulins; these projects go beyond a one-size fits all approach to tackling waste.

    “Queensland is working towards becoming a zero-waste society with ambitious targets to reduce, reuse and recycle wherever possible.

    “For every three jobs in landfill, there are nine jobs in recycling.

    “The Queensland Government is developing a new Queensland Waste Strategy to help boost recycling and unlock economic opportunities.

    “These projects are a great example of how we can support Queensland businesses and capitalise on the opportunities that come from reducing, reusing and recycling.

    Learn more about the Circular Economy Investment Program successful projects.

    MIL OSI News –