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Category: Finance

  • MIL-OSI: HTX DAO Launches $HTX Holding-Based Voting Mechanism, Ushering in a New Era of Decentralized Governance

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, April 09, 2025 (GLOBE NEWSWIRE) — HTX DAO recently unveiled its official $HTX Holding-Based Voting Mechanism. This significant development marks a pivotal shift in HTX DAO’s governance system, transitioning from “proposal discussion” to “on-chain decision-making”. This launch propels HTX DAO closer to its vision of becoming the “People’s Exchange”, setting a new benchmark for financial democratization within the Web3 landscape.

    Participate in Voting: https://www.htxdao.com/en-us/proposals  

    Governance Evolution: From Community Input to On-Chain Action

    Since the inception of the HTX DAO Forum, the community has actively engaged in robust discussions on key areas including asset listings, fee optimization, and ecosystem incentives. The introduction of the $HTX Holding-Based Voting Mechanism now completes the “proposal-voting-execution” governance cycle. This crucial step reflects HTX DAO’s systematic restructuring into a clearly defined “three-layer governance framework”.

    • Foundation Layer: The Foundation Layer establishes the governance value of the $HTX token based on a “one token, one vote” principle. Serving as both a core trading medium and a vital governance token, $HTX leverages on-chain holding verification on the TRON network, ensuring governance rights are securely vested in actual token holders.
    • Execution Layer: A standardized HIP (HTX Improvement Proposal) process has been established as the formal framework for all governance proposals. Distinct from the initial draft governance process, all proposals submitted via HIP are immutably recorded within the governance system, creating a permanent record of DAO decisions that will serve as a long-term governance reference.
    • Supervisory Layer: Establishes a committee comprising early initiators, core contributors, and community representatives to ensure balanced ecosystem governance. This body assumes essential decentralized development responsibilities, including governance system construction, financial oversight, and governance support.

    In contrast to traditional exchanges with centralized governance, $HTX empowers its holders to directly influence major platform decisions via on-chain voting. This equitable system, where voting power is directly proportional to individual holding amounts, ensures fair governance rights and the equitable distribution of benefits, fostering a truly decentralized governance ecosystem driven by $HTX holders.

    $HTX: Empowering Holders Through Governance and Rewards

    HTX DAO’s innovative governance model presents two compelling core advantages for the community: the direct influence granted by holdings and the tangible economic incentive of votes.

    Holding $HTX provides a direct voice and the means to actively participate in the ecosystem’s governance.. By casting votes, holders directly shape the platform’s future direction, a revolutionary departure from the traditional CEX model where users often passively adhere to established directives. Future Voting initiatives are anticipated to encompass critical decisions such as asset listings and delistings, participation in “Trade to Earn” events, management of risk reserve funds, and the prioritization of new product feature development.

    The HTX DAO governance roadmap reveals future integration of rewards like fee rebates and governance incentives, making participation a profitable activity that encourages long-term $HTX holding. This forward-thinking system design creates a powerful positive feedback loop: “greater involvement → improved decisions → enhanced ecosystem value → direct feedback of rewards”.

    Pioneering a Blended CeFi/DeFi Governance Paradigm

    The essence of HTX DAO’s innovation lies within a pioneering “financial free hub” governance experiment: it strategically blends the operational efficiency and robust regulatory structure of a centralized exchange (CEX) with the open governance and strong community consensus inherent in a decentralized autonomous organization (DAO). Inspired by successful DAO models like Curve and Velodrome, the launch of HTX DAO’s voting function is another key step in bridging CEX and DAO principles, with the potential to pioneer a new paradigm of diverse collaboration at the governance layer.

    As user sovereignty gains prominence, the DAO mechanism offers a measurable route to financial democratization by linking fee revenue, ecosystem benefits, and other elements to governance participation. Within this “financial free hub” experiment, HTX DAO is redefining the relationship between trading platforms and users – evolving from a traditional service provider to a collaborative community that shares in its value.

    As every $HTX holder transforms into a crucial decision-making node within the ecosystem, and each individual vote actively contributes to the platform’s continuous evolution, the emergence of a fully autonomous financial ecosystem within the Web3 era can be collectively anticipated and witnessed. HTX DAO’s meticulously designed framework serves as the guide toward a truly decentralized “financial free hub.”

    About HTX DAO

    As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. It pioneers a blended CeFi/DeFi paradigm, including listing and community governance, through its focus on building an exchange DAO and a free financial hub ecosystem. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates openness and encourages all DAO participants to propose ideas that can promote the development of HTX DAO.

    Contact information

    Website: www.htxdao.com

    Email Address: media@htxdao.com

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3fb48056-5476-426d-a23f-4fa3188977ff

    The MIL Network –

  • MIL-OSI United Kingdom: SIA surprise inspections uncover illegal security in Brighton

    Source: United Kingdom – Government Statements

    Press release

    SIA surprise inspections uncover illegal security in Brighton

    A recent SIA-led joint operation investigating unlicensed door staff in Brighton led to three arrests.

    On Friday 4 April the Security Industry Authority (SIA), together with Home Office Immigration Enforcement (HOIE) and Sussex Police, conducted unannounced inspections at three venues in Brighton.

    The SIA planned the inspections to check that security workers in the city’s night-time economy were properly licensed and had the right to work in the UK. The choice of venues came as a result of intelligence relating to the use of counterfeit licences.

    The inspecting team didn’t find any security operatives working without licences during the inspection itself. However, they uncovered evidence showing that unlicensed operatives had recently worked illegally as door supervisors at two of the venues.

    HOIE arrested and bailed one door supervisor for not having the right to work in the UK. The security company that employed him will be considered for a civil penalty, which could be as much as £60,000. HOIE detained a second door supervisor, pending removal, for working in breach of his visa conditions. A search of the door supervisor’s home address revealed a third individual, who was also arrested for working in breach of their visa conditions

    Kirsty Grant, the SIA Criminal Investigations Officer who led the inspection, said:

    We would like to thank Home Office Immigration Enforcement and Sussex Police for working with us on this operation. It’s crucial for public safety that door supervisors are properly trained and licensed. People who abuse the system are putting venue customers at risk. They are also putting themselves at risk of arrest and potentially imprisonment and deportation. Security companies should take note: deploying unlicensed staff or failing to conduct basic identity and right to work checks on your employees can be very expensive and lead to a criminal record.

    Background

    The SIA is the organisation responsible for regulating the private security industry in the UK, reporting to the home secretary under the terms of the Private Security Industry Act 2001. The SIA’s main duties are the compulsory licensing of individuals undertaking designated activities and managing the voluntary Approved Contractor Scheme (ACS).

    For media enquiries only, please contact  media.enquiries@sia.gov.uk.

    Updates to this page

    Published 9 April 2025

    MIL OSI United Kingdom –

  • MIL-OSI China: Global markets crash on tariff fears

    Source: China State Council Information Office 3

    Traders work on the floor of the New York Stock Exchange in New York, the United States, April 3, 2025. [Photo/Xinhua]

    Major stock indexes across the globe plunged sharply on Monday, as investors dumped riskier assets amid mounting fears over U.S. President Donald Trump’s sweeping tariffs.

    Panic sentiments took hold of the market once trading opened in the morning. The day of April 7, with similarities to the 1987 stock market crash, is being seen as another “Black Monday” by analysts and the media.

    Washington’s controversial new set of tariffs has stirred tensions since its announcement on Wednesday, hitting global markets hard, sparking backlash from other countries and drawing widespread criticism from economists and investors.

    Global turbulence 

    Major markets across the globe witnessed a turbulent day.

    Three major benchmarks of the U.S. stock market met with major setbacks on Monday.

    The S&P 500 Index, which is composed of 500 leading companies listed in the United States, dived as much as 21.41 percent from its record high on Feb. 19 and entered the technical territory of the bear market in the morning session.

    As of 9:40 a.m. Eastern time (1340 GMT), the Dow Jones Industrial Average lost 2.63 percent, the S&P 500 shed 3.14 percent, and the Nasdaq Composite Index dropped by 3.85 percent.

    Later, false reports that the White House would pause most of Trump’s tariffs for 90 days had pumped up the market, leading to a sudden surge. However, as the White House denied the news, the market declined again. The up and down within hours indicate how desperate investors were for any potential relief from the tariffs.

    All the leading European benchmark indexes opened in the red on Monday, down by 4 to 7 percent compared with the closing prices on the previous trading day.

    Britain’s blue-chip stock index, the FTSE 100, dropped by about 5 percent, France’s CAC 40 went down by over 5 percent, and the pan-European STOXX 600 index dropped over 6 percent in morning trade.

    Germany’s DAX index was among the hardest-hit, opening down by 9.5 percent before paring back part of the losses later in the morning. The significant gains since the beginning of the year have thus been almost completely wiped out.

    The S&P/ASX 200 — Australia’s benchmark share market index — closed down 4.2 percent on Monday in a plunge worth more than 100 billion Australian dollars (60.1 billion U.S. dollars). The Australian Broadcasting Corporation reported that it was the index’s biggest one-day fall since May 2020.

    Singapore’s Straits Times Index on Monday plunged by 8.7 percent at the open. The sharp drop marked the index’s steepest single-day decline since an 8.9 percent plunge during the 2008 global financial crisis, and exceeded the 8.4 percent fall seen in March 2020 amid COVID-19.

    A pedestrian passes a screen showing stock market information in Tokyo, Japan, April 7, 2025. [Photo/Xinhua]

    Fear and fury 

    The aggressive tariffs that triggered the global stock market plunge have drawn widespread criticism of the U.S. government, amid fear and fury across the globe.

    Trump’s tariffs have a shocking effect on stock markets, Gilles Moec, chief economist at AXA Group, told Les Echos, a French economy-specialized daily.

    “This shock has no real precedent in history, which amplifies market volatility because investors have no point of reference,” he said.

    Moec noted that the current damage to global stock markets is “entirely self-inflicted by the U.S. authorities,” unlike past stock market crises which were reflections of then macroeconomic situations.

    Richard Branson, British entrepreneur and co-founder of Virgin Group, said it is time for Washington to change course. “Otherwise, America will face ruin for years to come,” he warned.

    Branson noted that companies should be given enough time to adapt, and the current market response is preventable.

    Hasan Tevfik, a research analyst at advisory firm MST Marquee, also warned of severe consequences for the U.S. economy.

    “The U.S. economy has endured a barrage of headwinds, all self-inflicted, and the end consequence will be a contraction in the economy that was humming along, exceptionally, over the last couple of years,” he told the Australian Financial Review newspaper.

    This photo taken on April 7, 2025 shows a screen at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea. [Photo/Xinhua]

    Independent Australian economist Saul Eslake noted the uncertainty surrounding Trump’s next decisions and what he called the “madness” of the White House. He warned that the impact on the Australian economy was likely to be worse than the Treasury’s forecast that the country is well-placed to avoid a recession despite the “damage” being done by the U.S. tariffs.

    Doom and gloom 

    Investors have lost trillions of dollars since the tariff announcement on Wednesday. Recession odds are rising, and massive trade wars are looming. With no constructive response in sight, market confidence has been severely hit.

    DBS economists in a weekly review released on Monday noted that global markets and economies are still struggling to absorb the seismic tariff shock, with risk aversion and market selloff.

    “The key reason for that is that despite the spate of announcements, there is still substantial fear that more measures are to come. Perhaps more critical is the notion that nations trying to do a deal with the U.S. will not be able to rest easy upon signing agreements, as no deal with the U.S. seems to be reliable any longer,” wrote DBS economists Taimur Baig and Radhika Rao.

    David Gerald, president of the Securities Investors Association (Singapore), told The Straits Times, “If tariffs are sustained, they could contribute to higher inflation and slower global growth, which may in turn trigger further volatility and potential sell-offs in markets globally, including Singapore.”

    Germany’s Friedrich Merz, who is expected to become the next chancellor, also fears that U.S. trade policy could further escalate the turmoil in global stock markets. “The situation on international equity and bond markets is dramatic and threatens to worsen further.”

    JPMorgan Chase CEO Jamie Dimon warned on Monday, “The recent tariffs will likely increase inflation and are causing many to consider a greater probability of a recession.”

    MIL OSI China News –

  • MIL-OSI: FUN Token unveils 2025 roadmap to transform gaming into a rewarding digital economy

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) — FUN Token, a pioneer at the intersection of Web3 and gaming, has revealed its ambitious roadmap for 2025–2026, marking a bold new chapter in the evolution of digital entertainment. With a clear mission to revolutionize the gaming landscape, FUN is building a closed-loop, player-first ecosystem where games are more than play—they’re a pathway to real value.

    Gaming is broken—FUN Token is here to fix it

    In a world where players are bombarded with ads and pushed into endless in-app purchases, FUN flips the script. We’re building a player-first ecosystem where gamers get paid to play. No more paywalls, no more attention traps—just seamless gameplay, real rewards, and a token economy that values your time and skill. FUN Token is re-empowering the player and redefining what gaming should be.

    Mission: Play with purpose, earn with FUN

    At the heart of the FUN Token project is a simple but transformative idea: empower gamers to earn tangible value doing what they love. By embedding FUN as the core currency across a growing portfolio of games, the team aims to unify the fragmented Web3 gaming space into a seamless, rewarding experience for players worldwide.

    The core strategy: How FUN is redefining the game

    The FUN roadmap is anchored on four powerful pillars:

    • Closed-loop ecosystem: One wallet. One login. Endless games. FUN is creating a frictionless environment where players can move effortlessly between titles, with all progress, rewards, and identity preserved.
    • Token utility & buy-and-burn engine: Players earn FUN tokens in-game. Revenues from those games are then used to buy FUN on the open market and burn it—reducing supply and boosting token value over time.
    • Gamified rewards & retention: XP systems, loot boxes, streaks, and seasonal quests all reward active participation. FUN is building for stickiness—turning casual players into loyal, lifetime users.
    • Strategic partnerships: By integrating FUN into third-party titles, the team is positioning the token as the “Universal Currency of the Gamingverse.” One token to connect them all.

    The FUN Grand Plan: From foundation to domination

    The roadmap is aggressive, high-impact, and laser-focused on scaling:

    Q2 2025 – Launch the foundation

    • Release 10 mobile games across Android and iOS
    • Launch web-based FUN Wallet
    • Introduce Unified Login for cross-game access
    • Kickstart the “Earn-While-You-Play” movement

    Q3 2025 – Spark the network effect

    • Add 10 more viral/hyper-casual games
    • Reach 1M+ players and 100K+ wallet users
    • Launch achievement systems and daily missions
    • Begin Buy-and-Burn token mechanics
    • Establish first wave of third-party game partnerships

    Q4 2025 – Scale the ecosystem

    • Expand to 30 total games
    • Hit 5M+ users, 500K+ wallets
    • Launch mobile FUN Wallet (iOS & Android) with staking and rewards
    • Introduce NFTs, leaderboards, and community quests
    • Onboard mid-size external studios

    Q1 2026 – Dominate Web3 gaming

    • Grow to 40 games across genres
    • Reach 10M+ players, 1M+ wallet holders
    • Add multi-chain and fiat support in FUN Wallet
    • Integrate FUN into external game economies
    • Host the inaugural Global FUN Gaming Summit

    A universe of FUN awaits

    FUN Token invites players, developers, and investors to join the movement and be part of the ecosystem that’s set to reshape the future of entertainment.

    About FUN Token

    FUN Token is on a mission to become the default digital currency of gaming. Powered by Web3 technology and backed by a vibrant, self-sustaining economy, FUN is creating a unified ecosystem where every game, action, and user contributes to a dynamic gaming universe. Learn more at https://funtoken.io/

    FUNToken.io Socials:
    X.com/FUNtoken_io
    t.me/officialFUNToken

    Contact:
    Lukas Meier
    pr@funtoken.io

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

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

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e878754a-16b5-426d-b40f-f8437971dda1

    https://www.globenewswire.com/NewsRoom/AttachmentNg/02e9beb7-a442-4eee-b09c-f3194758d79e

    The MIL Network –

  • MIL-OSI Economics: Secretary-General of ASEAN attends the AFMGM – ASEAN Business Advisory Council (ABAC) Meeting

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today attended the Meeting between the ASEAN Finance Ministers and Central Bank Governors (AFMGM) and the ASEAN Business Advisory Council (ABAC) in Kuala Lumpur, Malaysia. This interface exchanged views on how to advance the shared agenda on enhancing supply-chain competitiveness and sustainability.

    The post Secretary-General of ASEAN attends the AFMGM – ASEAN Business Advisory Council (ABAC) Meeting appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: Secretary-General of ASEAN attends the Eminent Persons Dialogue: ASEAN Financial Integration in a Multipolar World

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today attended the Eminent Persons Dialogue: ASEAN Financial Integration in a Multipolar World, held on the sidelines of the 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting in Kuala Lumpur, Malaysia. The event brought together eminent persons from across the public and private sectors in the region to reflect on the success stories and challenges in advancing regional financial integration, to commemorate the 10th anniversary since the inception of the ASEAN Economic Community.

    The post Secretary-General of ASEAN attends the Eminent Persons Dialogue: ASEAN Financial Integration in a Multipolar World appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI United Kingdom: From import to innovation: how Grown in Britain and ercol are transforming UK furniture manufacturing

    Source: United Kingdom – Executive Government & Departments

    Case study

    From import to innovation: how Grown in Britain and ercol are transforming UK furniture manufacturing

    A woodland management case study demonstrating how traditional craftsmanship and sustainable forestry practices work hand in hand to bring ash trees to market.

    In the heart of Buckinghamshire, a remarkable transformation is taking place. The century-old furniture maker, ercol, has partnered with Grown in Britain and Tyler Hardwoods in a pioneering project supported by the Woods into Management Forestry Innovation Fund.

    The UK is currently the second largest importer of wood, importing 73% of timber. 85% of locally sourced hardwood is being burned as fuel while manufacturers import wood for furniture making. In a market worth hundreds of millions of pounds and growing, this is a challenge for the industry to address.

    It also presents a great opportunity for a shift towards home-grown timber for the furniture industry, particularly as customers are becoming more invested in products with local provenance.

    A corridor inside the ercol factory showing pallets of wood. Copyright ercol

    For ercol, this challenge and subsequent opportunity resonated deeply. After closing their sawmill at the end of the 90s, ercol stopped buying locally sourced timber, and with time much of the knowledge and understanding about converting trees into usable timber components was lost.

    This pattern, repeated across UK manufacturing, has led to a significant loss of sawmilling expertise in the sector. At the same time, the ecological condition of our woodlands was being impacted from years of undermanagement.

    An early vision for environmental change

    Ian Peers, Operations Director, ercol said:

    We were already having discussions internally about our environmental journey. We knew we had to do something, but we weren’t quite sure where to begin. The opportunity to work with Grown in Britain came at exactly the right time.

    The winds of change began blowing when ercol started examining their environmental impact. Through discussions with the Sylva Foundation and subsequently Grown in Britain, a vision emerged for what furniture manufacturing could become.

    The project’s ambitions were clear: create a sustainable UK market for ash timber, bring as much of ercol’s manufacturing back to its roots, create skilled local jobs and demonstrate a model others could follow.

    Investing in process to create space to innovate

    Ercol’s vision was clear from the outset as they selected their most iconic pieces to be made in Grown in Britain certified ash. Recognising the impact of ash dieback, ercol wanted to make the most of the timber, finding a high value use. A decision that sent a clear message about ercol’s commitment to the future of home-grown timber while making the most out of a fantastic species. The choice of their most recognised designs – the chair, sofa, and pebble nest tables – demonstrated real conviction in the project’s viability.

    ercol’s Marino chair: a version of the chair in nature within a forest and a version of the chair in a living room. Copyright ercol

    The funding secured by Grown in Britain proved transformative, enabling a complete rethink of the supply chain. At Tyler Hardwoods, this meant substantial investment in new equipment and facilities. A Weinig automatic rip saw improved the efficiency of width processing, while a new Houfek sander with an extraction unit enhanced finish quality. Tyler Hardwoods also installed a biomass heating system powered by processing co-products to create a more efficient manufacturing process.

    Innovation went beyond equipment. The team developed British alternatives to traditionally imported materials, such as using local poplar instead of imported plywood for seat bases. The project team even tackled small but crucial components like dowels and biscuits for furniture jointing, traditionally imported but now made from home-grown timber.

    Production expanded systematically. Following the success of the initial ranges, ercol introduced the Fairmile table and chairs, along with the Lugo chair. Each new product presented new challenges but also gave the opportunity to explore new processes to increase efficiency.

    ercol’s Fairmile dining table and chairs flanked by 2 Lugo armchairs. Copyright ercol

    Overcoming challenges through innovative thinking

    The journey wasn’t without its hurdles, cost was the biggest initial challenge. Grown in Britain timber initially commanded a premium over imports – getting started is challenging and can be expensive in the beginning. Both ercol and Tyler Hardwoods accepted reduced margins while scaling up, resting on their shared vision of the future.

    Technical challenges required innovative solutions. The Lugo chair’s distinctive curved back initially resulted in significant waste during machining. However, the funding gave the team space to innovate, allowing them to redesign manufacturing methods while maintaining design integrity. Teething problems with the cross-cutting system meant the team at Tyler Hardwoods adapted and found alternative solutions while continuing to improve efficiency in other areas.

    Remarkable results

    Autumn marked a significant milestone with the opening of ercol’s first branded store on London’s King’s Road in Chelsea. The 3,500 square foot flagship store showcases their Grown in Britain certified pieces, creating closer relationships with customers and the design community.

    The numbers tell a compelling success story. While the wider furniture market experiences a downturn, ercol’s Grown in Britain ranges are showing remarkable growth and the cost premium continues to fall. 

    Ian Peers, Operations Director, ercol said:

    The design and quality of our products ensures they are long lasting, and the wood will store carbon across their lifetime.

    Future growth and industry impact

    The momentum shows no signs of slowing. After starting with chairs and tables, the 2025 product pipeline may extend, presenting new opportunities for innovation when working with home-grown timber.

    Ian Peers, Operations Director, ercol said:

    As the business has grown, we’ve achieved improvements in economies of scale, closing the gap of competitiveness with imports. Home-grown timber will get more competitive as demand and investment in the supply chain grows.

    Their success demonstrates how UK manufacturers can rebuild lost capabilities while creating new, sustainable business models and the project’s impact is extending beyond ercol as others see what is possible.

    The Grown in Britain logo stamped on ercol furniture. Copyright ercol

    Jack Clough, Grant Manager, Forestry Commission said:

    This stood out as a new and impactful collaboration, bringing together Grown in Britain’s knowledge of domestic timber supply chains with ercol, a family run furniture brand renowned for producing long-lasting and iconic pieces.

    From importing timber to championing home-grown wood, from lost expertise to innovation leadership, ercol’s journey shows what’s possible when vision meets support. They’ve helped create a blueprint for UK manufacturing at scale with a sustainable future.

    With the right partnerships and funding, traditional craftsmanship and timeless design can not only survive, but thrive in the modern marketplace. All while contributing to the health of our woodlands and local economies.

    Find out how the Forestry Commission’s Woods into Management Forestry Innovation Funds helps to support the future health and resilience of UK woodlands.

    References

    Forest Research details more on the UK being the second largest importer of wood, importing 73% of timber.

    The National Wood Strategy expands on how locally sourced hardwood is being burned as fuel while manufacturers import wood for furniture making.

    Updates to this page

    Published 9 April 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Plus or minus: HSE students discuss the impact of sanctions on the Russian economy

    Translartion. Region: Russians Fedetion –

    Source: State University Higher School of Economics – State University Higher School of Economics –

    Students from the International Institute of Economics and Finance and the Faculty of World Economy and International Relations discussed the positive and negative aspects of the impact of sanctions on the Russian economy during a debate.

    © MIEF

    On April 2, a student debate was held, jointly organized by ICEF and FMEI on the topic “The Impact of Sanctions on the Russian Economy”. The students were divided into two “mixed” teams in advance, each of which was offered a position to defend in the debate.

    The debate began with a short presentation of the teams’ positions. The team led by ICEF student Daria Tochilina, defending the position “Sanctions rather have a positive effect on the Russian economy”, emphasized the importance of the agricultural sector, which has shown significant growth since the introduction of sanctions in 2014. They also drew attention to the stability of the Russian financial sector, which has demonstrated positive dynamics and sufficient independence from the international payment system. The foundations for this, including the creation of its own payment system, were laid during the same period.

    The team noted that companies that had previously borrowed on international markets and transferred profits abroad had now switched to the domestic market. This led to a reduction in capital outflow, including due to the restrictions introduced. As a result, the savings rate in Russia, which is one of the main growth factors, has increased. The team also used the example of the oil and gas sector to show Russia’s diversification in the choice of trading partners, which has a positive effect on strengthening international relations and the revenue of companies in this sector.

    The team led by FMEiMP student Gleb Lopatin, who presented the thesis “Sanctions rather have a negative impact on the Russian economy”, focused on the growth of transaction costs when redirecting commodity and financial flows. The team also noted problems with settlements that arose due to the disconnection of a large number of banks from SWIFT. Other negative factors, especially in the long term, were limited access to innovative products and the outflow of human capital.

    In the second, “cold” part of the debate, the teams took turns asking each other questions. Thus, the “negative influence” team put forward a counterexample to the opponents’ argument about the creation of an analogue of SWIFT in the Russian Federation (SPFS) and the introduction of alternative forms of payment about additional difficulties associated with the ban on the use of SPFS by foreign companies. The students also noted the example of “stuck” payments in India in 2023, which demonstrates that many of the problems that arose were new in nature and the financial system was not always prepared for them. The “positive” influence team responded to the question about the effect of international companies leaving Russia with statistics on the accelerated development of small and medium-sized businesses in Russia associated with the emergence of “niches” in the market. Data on the growth of salaries and real disposable incomes of the population in Russia in 2023-24 were presented.

    The third part of the debate was the most heated, as participants had the opportunity to ask questions without observing the order, and even interrupt their opponents. In this part, the teams returned to discussing the effects on individual sectors and economic agents. High dividends of Lukoil, successes in the development of the IT and electronics market were noted, but also problems with payments and individual services in Russia. The departure of individual companies, on the one hand, created new opportunities for Russian business, but, on the other hand, in a number of cases, negatively affected the supply and orders for local manufacturers (the example of IKEA).

    The moderator of the discussion, Director for the Development of Teaching Excellence A. V. Dementyev, played an important role in the debate. Andrey Viktorovich regulated the “degree” of the discussion and asked both teams pointed questions. Thus, at first he suggested that both teams give a clear definition of “sanctions” for further discussion, and during the discussion he asked the team for the “positive effect” to think about the choice between the position of “sanctions do not work” and “sanctions are useful”, and he suggested that the team for the “negative impact” highlight the structural long-term and short-term effects of the sanctions.

    Following the debate, the jury, consisting of Deputy Director of the Department of Eurasian Integration of the Ministry of Economic Development of the Russian Federation S.A. Raschukov, Head of the Monitoring Department of the Department for Control over External Restrictions of the Ministry of Finance of the Russian Federation V.A. Filippov, Deputy Director of the ICEF O.O. Zamkov, Deputy Dean of the Faculty of World Economy and International Relations A.K. Morozkina, Deputy Head of the Scientific and Methodological Department of the ICEF N.E. Kogutovskaya, determined the winner. It was the team in defense of “positive” effects, which demonstrated greater flexibility in adapting to different areas of discussion. It should be borne in mind that it was not the positive or negative effect itself that was assessed, but the persuasiveness of the teams in presenting each of these positions. The participants in the debate noted during the debate that it is impossible to unambiguously determine the prevalence of positive or negative effects. In the short and long term, negative effects may be more pronounced, while in the medium term – positive ones. At the same time, the impact of sanctions on different sectors of the economy and different economic agents varies.

    The debates were energetic, the participants showed a high level of involvement and activity, and the jury highly appreciated the level of preparation and performance of both teams! We wish the guys further success!

    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: Toobit Wins Best Crypto Exchange MENA 2025 at World Business Outlook Awards

    Source: GlobeNewswire (MIL-OSI)

    GEORGE TOWN, Cayman Islands, April 09, 2025 (GLOBE NEWSWIRE) — Toobit, a leading global cryptocurrency exchange, has been named Best Crypto Exchange MENA 2025 at the World Business Outlook Awards. This accolade highlights Toobit’s outstanding performance, innovation, and commitment to delivering secure and efficient trading experiences across the Middle East and North Africa (MENA) region.

    The World Business Outlook Awards celebrates excellence in business leadership, innovation, and market influence each year, spotlighting industry leaders who set new benchmarks in their respective sectors.

    “Toobit is honored to receive this recognition,” said Mike Williams, Chief Communication Officer of Toobit. “MENA presents exciting opportunities for digital asset growth, and we are happy to work with our many partners within the region to expand access to crypto education as well as adoption.”

    The MENA region has recently emerged as a hub for cryptocurrency activity. In the United Arab Emirates alone, the cryptocurrency market is projected to reach a transaction value of US$1.53 billion in 2025, with over 30% of its population—approximately 3 million people—owning digital assets. This rapid market growth is representative of the region’s rising influence in the global digital asset space.

    Toobit’s foray into the MENA region is not the platform’s first expansion into the wider cryptocurrency markets. In July 2024, the exchange formally ventured into South Korea, responding to a burgeoning demand for crypto derivatives in the APAC region.

    For more information about the World Business Awards 2025, visit: https://worldbusinessoutlook.com/awards/

    About Toobit

    Toobit is where the future of crypto trading unfolds—an award-winning cryptocurrency derivatives exchange built for those who thrive exploring new frontiers. With deep liquidity and cutting-edge technology, Toobit empowers traders worldwide to navigate the digital asset markets with confidence. We offer a fair, secure, seamless, and transparent trading experience, ensuring every trade is an opportunity to discover what’s next.

    For more information about Toobit, visit: Website | X | Telegram | LinkedIn | Discord | Instagram

    Contact: Davin C.
    Email: market@toobit.com
    Website: www.toobit.com

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fe4b1882-6204-43c3-80f8-86523e3b53d1

    The MIL Network –

  • MIL-OSI: $731 Billion In Home Equity Expected To Be Locked-In Due To “Negative Credit Shocks” Homeowners Will Face This Year

    Source: GlobeNewswire (MIL-OSI)

    Palo Alto, California, April 09, 2025 (GLOBE NEWSWIRE) — A new economic analysis from Point highlights a growing challenge for American homeowners: accessing their home equity in times of financial need. According to the report, approximately 4.6 million homeowners with a mortgage experience a labor market shift each year that potentially negatively impacts their credit scores—potentially locking them out of traditional home equity lending options. In total, this represents an estimated $731 billion in “trapped” home equity.

    For decades, home equity has served as a financial safety net, helping homeowners manage life’s major expenses, from home renovations to medical bills. However, the report identifies two fundamental shifts in the post-pandemic economy that are reshaping access to home equity: persistently high interest rates and the normalization of non-traditional career paths.

    Key Findings:

    • Point estimates that roughly 9% of homeowners with a mortgage experience a job loss, pay reduction, or transition to self-employment in a typical year. These events can lower credit scores and restrict access to home equity loans and lines of credit.
    • Homeowners facing a negative credit shock collectively hold an estimated $731 billion in home equity that they may be unable to access due to credit constraints.
    • High interest rates significantly increase the cost of borrowing against home equity, making traditional options like cash-out refinancing less viable.
    • The rise of “jungle gym” careers—characterized by frequent job transitions, gig work, and self-employment—has increased financial volatility, further exacerbating credit-related barriers to home equity access.

    Regional Impact:
    The report finds that homeowners across all regions of the U.S. are affected at similar rates:

    • Northeast: $149 billion in “locked-in” home equity
    • South: $247 billion
    • Midwest: $121 billion
    • West: $284 billion

    “Millions of homeowners are facing a financial paradox: they’ve built up significant home equity but are unable to access it precisely when they need it most,” said Aaron Terrazas, economist for Point. “With traditional home equity lending increasingly out of reach for many Americans, the industry is just starting to adapt to these new economic realities and develop innovative ways to provide homeowners with the financial flexibility they need precisely when they need it.”

    Recent labor market trends further highlight the financial pressures homeowners face. In 2025 alone, U.S. employers and the federal government have announced over 275,000 job cuts, with significant reductions in the federal workforce due to restructuring efforts. Economic conditions have evolved rapidly in recent weeks, and ensuring flexible and accessible lending solutions will be increasingly critical for maintaining financial stability among homeowners.

    Read the entire report on negative credit shocks here. 

    About Point

    Point is the leading home equity platform making homeownership more valuable and accessible. Point’s flagship product, the Home Equity Investment (HEI), empowers homeowners to unlock their equity to eliminate debt, get through periods of financial hardship, and diversify their wealth – without adding to their monthly expenses. Point has worked with more than 10,000 homeowners, unlocking $1 billion in home equity. Point’s HEI enables investors to access a previously untapped asset class – owner-occupied residential real estate. Founded in 2015 by Eddie Lim, Eoin Matthews, and Alex Rampell, Point is backed by top investors, including Westcap, Andreessen Horowitz, Ribbit Capital, Greylock Partners, Bloomberg Beta, Atalaya Capital Management, Alpaca VC, and Prudential. The company is headquartered in Palo Alto, CA. For more information, please visit www.point.com

    The MIL Network –

  • MIL-OSI: Aiden Labs Launches $ADN Token, Revolutionizing AI-Powered Web3 Experiences

    Source: GlobeNewswire (MIL-OSI)

    Aiden Labs, a visionary platform at the intersection of artificial intelligence and blockchain, has officially launched its $ADN token—marking a major leap forward in its mission to transform how users interact with Web3 through AI-driven solutions. At the core of this innovation is Aiden’s decentralized ecosystem, built to empower investors, creators, and communities with intelligent tools and transparent infrastructure.

    CHARLESTOWN, Nevis West Indies, April 09, 2025 (GLOBE NEWSWIRE) — Following its highly anticipated Initial DEX Offering (IDO) across leading launchpads, such as Kommunitas, Kingdom Starter, Spores Network, Poolz Finance, and Huostarter Aiden Labs has solidified its position as a trailblazer in the rapidly evolving AI and blockchain landscape. The IDO attracted significant attention from both crypto-native investors and AI tech enthusiasts, all eager to be part of a platform redefining digital interaction and content creation.

    As artificial intelligence continues to gain traction across industries, Aiden Labs is seizing the opportunity to embed powerful AI agents within the decentralized Web3 fabric. Its flagship product, Lunar, is an AI-powered DeFAI agent that acts as a personal investment advisor—delivering real-time insights, risk assessments, and security analytics, thanks to its integration with CertiK.

    But Aiden’s ecosystem goes far beyond investment tools. It includes an AI content creation platform, enabling users to generate high-quality images, videos, and research outputs; and a NFT-powered Launchpad, where community engagement and token holding translate to enhanced allocation and launch access. With these innovations, Aiden Labs is creating a scalable and intelligent ecosystem built for the next wave of Web3 adoption.

    Aiden Labs combines key technologies and unique differentiators to deliver a cutting-edge Web3 experience. Built on EVM-compatible smart contracts and powered by IPFS distributed storage, the platform ensures decentralization, data privacy, and fast, transparent access. Leveraging advanced large language models like GPT, Claude, and Gemini, Aiden offers conversational AI and natural language processing for intelligent, human-like interactions, enhancing both search and investment analysis. Its blockchain-integrated content creation tools empower creators with full ownership and monetization rights, while the native $ADN token powers access to premium AI features, Launchpad participation, DeFAI consultations, and more—making it the backbone of Aiden’s dynamic ecosystem.

    The $ADN token serves as the core utility within the Aiden Labs ecosystem, unlocking a wide range of benefits for holders. It provides access to Lite and Plus packages on the AI platform, supports pay-per-use features like image and video generation, research queries, and DeFAI investment consultations, and grants priority allocations on the NFT-powered Launchpad based on token tier. Additionally, $ADN holders gain voting rights for governance decisions, enjoy enhanced staking rewards when paired with NFTs, and can access exclusive AI tools and gated communities. As the ecosystem expands, the demand and value of $ADN continue to grow, solidifying its role as a foundational element of Aiden’s long-term vision.

    During its IDO on Kommunitas and other platforms, Aiden Labs achieved over 60% of its funding target within the first six hours and was fully subscribed in under 48 hours. This enthusiastic response reflects the growing demand for intelligent, user-focused blockchain applications. Aiden’s post-IDO strategy includes expanding its AI and blockchain capabilities, onboarding new strategic partners, and initiating token buybacks funded through platform revenue—all designed to enhance the long-term value and utility of the $ADN token.

    Looking ahead, Aiden Labs is set to expand across multiple chains, integrate new generative AI models, and scale its suite of user-centric products. With its unique blend of AI precision, blockchain security, and decentralized design, Aiden aims to become a cornerstone of the intelligent Web3 economy. By offering users and developers a transparent, efficient, and powerful toolkit, Aiden Labs is setting the standard for the future of decentralized, AI-enhanced digital ecosystems.

    About Aiden Labs
    Aiden Labs is an AI-powered Web3 platform dedicated to building secure, intelligent, and decentralized tools for the next generation of digital users. Its native token, $ADN, fuels a vibrant ecosystem spanning investment analysis, content creation, and token launches. With strategic alliances, cutting-edge technology, and a user-first philosophy, Aiden Labs is redefining what’s possible in Web3.

    Contact:
    Hyojin Jang
    info@aidenlabs.ai

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b887c255-9f23-4d40-ba6c-9dff50a95f62

    The MIL Network –

  • MIL-OSI: Major shareholder announcement – Danske Bank A/S

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no 17 2025 Danske Bank
    Bernstorffsgade 40
    DK-1577 København V
    Tel.+45 45 14 14 00

    9 April 2025

    Page 1 of 1

    Major shareholder announcement – Danske Bank A/S

    In accordance with section 31 of the Danish Capital Markets Act, we disclose that on 3 April 2025, Danske Bank held, through direct and indirect holdings, 43,146,297 voting rights attached to shares in Danske Bank A/S, corresponding to 5% of the voting rights of Danske Bank A/S.

    The holding of own shares is attributable mainly to the DKK 5.5 billion share buy-back programme, which was announced on 2 February 2024. The programme, which is described in detail in company announcement No. 2 of 2 February 2024, was completed on 3 February 2025 as set out in company announcement no. 5 2025.

    On 20 March 2025 the Annual General Meeting of Danske Bank A/S adopted the Board of Directors’ proposal to amend the Articles of Association regarding reduction of Danske Bank’s share capital by nominally DKK 271,894,960 by cancellation of part of Danske Bank’s holding of own shares. The reduction of share capital has subsequently been filed with the Danish Business Authority in accordance with the Danish Companies Act and is expected to be completed by the end of April 2025.

    Danske Bank

    Contact: Claus Ingar Jensen, Head of Group Investor Relations, tel. +45 25 42 43 70

    Attachment

    The MIL Network –

  • MIL-OSI: Orrön Energy publishes it’s Annual and Sustainability Report for 2024

    Source: GlobeNewswire (MIL-OSI)

    Orrön Energy AB (“Orrön Energy”) is pleased to announce the publication of it’s Annual and Sustainability Report for 2024 and encourages shareholders to read or download the report on Orrön Energy’s website, www.orron.com. For shareholders who would like to receive a printed copy of the Annual and Sustainability Report 2024, this can be requested on Orrön Energy’s website or by telephone on +46 8 440 54 50.

    For further information, please contact:

    Robert Eriksson
    Corporate Affairs and Investor Relations
    Tel: +46 701 11 26 15
    robert.eriksson@orron.com

    Jenny Sandström
    Communications Lead
    Tel: +41 79 431 63 68
    jenny.sandstrom@orron.com

    This information is information that Orrön Energy AB is required to make public pursuant to the Swedish Securities Markets Act. The information was submitted for publication at 09.00 CEST on 9 April 2025.

    Orrön Energy is an independent, publicly listed (Nasdaq Stockholm: “ORRON”) renewable energy company within the Lundin Group of Companies. Orrön Energy’s core portfolio consists of high quality, cash flow generating assets in the Nordics, coupled with greenfield growth opportunities in the Nordics, the UK, Germany and France. With significant financial capacity to fund further growth and acquisitions, and backed by a major shareholder, management and Board with a proven track record of investing into, leading and growing highly successful businesses, Orrön Energy is in a unique position to create shareholder value through the energy transition.

    Forward-looking statements
    Statements in this press release relating to any future status or circumstances, including statements regarding future performance, growth and other trend projections, are forward-looking statements. These statements may generally, but not always, be identified by the use of words such as “anticipate”, “believe”, “expect”, “intend”, “plan”, “seek”, “will”, “would” or similar expressions. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that could occur in the future. There can be no assurance that actual results will not differ materially from those expressed or implied by these forward-looking statements due to several factors, many of which are outside the company’s control. Any forward-looking statements in this press release speak only as of the date on which the statements are made and the company has no obligation (and undertakes no obligation) to update or revise any of them, whether as a result of new information, future events or otherwise.

    Attachments

    The MIL Network –

  • MIL-OSI USA: Norton Announces Community Project Funding Application Process

    Source: United States House of Representatives – Congresswoman Eleanor Holmes Norton (District of Columbia)

    WASHINGTON, D.C. — Congresswoman Eleanor Holmes Norton (D-DC) today announced the process for applying to her office for Community Project Funding, formerly known as earmarks, for fiscal year 2026 (FY26). For a Community Project Funding request to be considered, eligible entities must submit an application by 5:00 p.m. on Monday, April 21st to NortonCommunityProjectFunding@mail.house.gov.

    Under the House Committee on Appropriations’ eligibility requirements for FY26, only governmental entities and public institutions of higher education will be eligible for projects under the T-HUD Economic Development Initiatives program. Memorials, museums, and commemoratives (i.e., projects named for an individual or entity) are not eligible for Community Project Funding. The subcommittees’ requirements can be found here. All projects that were included in House Reports for Fiscal Year 2025 are eligible in Fiscal Year 2026 but must be resubmitted for consideration.

    Late or incomplete applications, including applications that do not provide the information required by the relevant subcommittee, will not be considered. The project must be located in the District of Columbia.

    An application consists of all the information about the entity and project required by the applicable subcommittee, as well as the following:

    • Name of the recipient
    • Address of the recipient
    • Amount of the request
    • Explanation of the request, including purpose, and a justification for why it is an appropriate use of taxpayer funds
    • Evidence of community support
    • If on behalf of a non-profit, evidence the entity is a non-profit organization as described under Section 501(c)(3) of the Internal Revenue Code of 1986, and evidence non-profit’s work is primarily focused on D.C.

    The Appropriations Committee is only permitting certain programs within specific subcommittees, listed below, that are going to participate in the Community Project Funding process.

    Agriculture, Rural Development, Food and Drug Administration, and Related Agencies

    • Department of Agriculture–Farm Production and Conservation Programs
      • Natural Resources Conservation Service (Conservation Operations)
    • Department of Agriculture–Research, Education, and Economics
      • Agricultural Research Service (Buildings and Facilities)
    • Department of Agriculture–Rural Development
      • Rural Housing Service (Community Facilities)
      • Rural Utilities Service (ReConnect Program)
      • Rural Utilities Service (Distance Learning and Telemedicine Grants)
      • Rural Utilities Service (Rural Water and Waste Disposal Grants)

    Commerce, Justice, Science, and Related Agencies

    • Department of Commerce
      • NIST—Scientific and Technical Research
      • NOAA—Coastal Zone Management
    • Department of Justice
      • COPS Technology and Equipment
      • Byrne Justice
    • National Aeronautics and Space Administration
      • Safety, Security, and Mission Services

    Energy and Water Development

    • Army Corps of Engineers (Civil Works)
      • Investigations
      • Construction
      • Mississippi River and Tributaries
      • Operation and Maintenance
    • Department of the Interior/Bureau of Reclamation
      • Water and Related Resources

    Homeland Security

    • Federal Emergency Management Agency
      • Federal Assistance—Emergency Ops. Centers
      • Federal Assistance—Pre-Disaster Mitigation

    Interior, Environment, and Related Agencies

    • Environmental Protection Agency
      • STAG—Clean Water State Revolving Fund
      • STAG—Drinking Water State Revolving Fund

    Military Construction, Veterans Affairs, and Related Agencies

    • Army
    • Army National Guard
    • Army Reserve
    • Navy & Marine Corps
    • Navy Reserve
    • Air Force and Space Force
    • Air National Guard
    • Air Force Reserve
    • DoD, Defense-Wide

    Transportation, and Housing and Urban Development, and Related Agencies

    • Department of Housing and Urban Development
      • CDBG – Economic Development Initiatives
    • Department of Transportation
      • Airport Improvement Program
      • Highway Infrastructure Projects
      • Transit Infrastructure Projects
      • Consolidated Rail Infrastructure and Safety Improvements
      • Port Infrastructure Development Program

    ###

    MIL OSI USA News –

  • MIL-OSI: Valeura Energy Inc.: Q1 2025 Operations and Financial Update

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, April 09, 2025 (GLOBE NEWSWIRE) — Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”) is pleased to provide an update on Q1 2025 operations.

    Highlights

    • Operations continuing smoothly, with oil production averaging 23.9 mbbls/d(1);
      • Continual programme of development and appraisal drilling throughout the quarter;
      • Strong ongoing safety performance, with no lost time injuries;
    • Strong cash position at March 31, 2025 of US$238.3 million, and no debt;
      • Taxes paid of US$39.2 million in Q1;
      • Repurchased 963,401 shares in Q1;
    • Resilient ongoing business based on strong balance sheet and cash flow, creating growth optionality in the current volatile climate.

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

    Dr. Sean Guest, President and CEO commented:

    “Our strong operational and financial performance continued throughout Q1 2025, and our business is more resilient than ever. With our corporate restructuring completed in November 2024, and the final tax payment under the previous structure now behind us, we see an energised ability to generate cash flow as we look at the remainder of 2025. 

    We are carefully monitoring the current volatile market conditions while simultaneously reviewing and optimising our expenditures. However, our strong financial position with cash of US$238 million and no debt makes Valeura not only resilient, but also well positioned for attractive inorganic opportunities that may emerge during such a turbulent market environment.

    Notwithstanding the recent market volatility, we are maintaining all of our previously disclosed guidance assumptions for the year.” 

    Q1 2025 Update

    Valeura’s working interest share production before royalties averaged 23.9 mbbls/d during Q1 2025, a decrease of 8.4% from Q4 2024. Rates were affected by a planned seven-day annual maintenance shutdown of the Nong Yao field near the end of the quarter. All planned work on the Nong Yao facilities was conducted safely and under time and budget with production resuming on April 1, 2025. Valeura re-iterates its full year 2025 production guidance outlook of 23.0 – 25.5 mbbls/d.

    Oil sales totalled 1.88 million bbls during Q1 2025, less than the 2.15 million bbls produced. Sales were lower than in Q4 2024 and reflect the fact that at the beginning of the quarter, the Company had record low crude oil in inventory. At the end of the quarter Valeura had 0.89 million bbls in inventory, which is expected to be sold in Q2 2025 (including a lifting of approximately 0.25 million bbls which was sold on April 1, 2025).

    Price realisations averaged US$78.7/bbl during Q1 2025, reflecting a US$2.9/bbl premium over the Brent crude oil benchmark. Oil revenue during Q1 2025 was US$148.1 million, 35% lower than Q4 2024. The quarter-on-quarter difference is due to less oil volumes sold, and also one sale occurring very late in the quarter, for which revenue is expected to be received in April 2025. Accordingly, the Company recorded a receivable associated with that lifting of approximately US$30 million as at March 31, 2025.

    In addition to routine operating costs and planned capital spending, the Company has made a final tax payment of US$39.2 million in connection with its corporate restructuring that was completed in November 2024. This payment effectively completes the tax obligations for its Thai III licences under their previous organisation structure, and became due in Q1 2025, earlier than usual tax payments for Thai III licences which are payable in May and August of each year. Following the restructuring, petroleum income tax loss carry-forwards that were previously associated with only the Wassana asset are now being applied to all of the Company’s Thai III petroleum concessions, being Wassana, Nong Yao, and Manora, thereby resulting in a more efficient tax structure for the business.

    While the Company acknowledges the global market and oil price volatility experienced in early April 2025, at this time, Valeura re-affirms all of its guidance outlook expectations for 2025. The Company maintains a scenario-based approach to planning its investments, driven largely by forecast oil prices. Recent market conditions underscore the importance of such an approach, but more importantly highlight the value of maintaining a strong balance sheet so as to capitalise on emerging inorganic growth opportunities. As of March 31, 2025, Valeura had US$238.3 million in cash, with no debt.

    During the quarter, the Company acquired 963,401 shares as part of its NCIB programme.

    Operations Update

    Valeura provided an operations update on March 25, 2025, along with its announcement of results for Q4 and the full year 2024. Since that time, the Company has been conducting a drilling campaign on the Jasmine / Ban Yen field, and will provide an update in due course. 

    On March 28, 2025, an earthquake struck central Myanmar, which borders Thailand to the north-west. All Valeura’s personnel were confirmed safe, and all facilities continue to operate safely.

    Results Timing and AGM

    Valeura intends to release its full unaudited financial and operating results for Q1 2025 on May 14, 2025, and will discuss the results in more detail through a management webcast hosted in conjunction with its Annual General Meeting of Shareholders (the “meeting”) later that day. The notice of meeting and related Management’s Information Circular have been mailed to shareholders and are available on the Company’s website at www.valeuraenergy.com/governance and on SEDAR+ at www.sedarplus.ca.

    For further information, please contact:

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

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

    About the Company

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

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

    Advisory and Caution Regarding Forward-Looking Information

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

    Forward-looking information in this news release includes, but is not limited to, the Company’s anticipated full year 2025 guidance assumptions, being full year working interest share oil production before royalties of 23.0 – 25.5 mbbls/d, capex of US$125 – 150 million, exploration expense of approximately US$11 million, and adjusted opex of US$125 – 245 million, all as more fully described in the January 9, 2025 press release; the anticipated receivable of approximately US$30 million as at March 31, 2025; and Valeura’s expectation that it will benefit from a more efficient tax structure as a result of the corporate restructuring. Although the Company believes the expectations and assumptions reflected in such forward-looking information are reasonable, they may prove to be incorrect.

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

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

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

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

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

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

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

    The MIL Network –

  • MIL-OSI: Billionaire Businessman Hasan Abdullah Mohamed Ismaik Unveils New Identity: HAMIC Group

    Source: GlobeNewswire (MIL-OSI)

    ABU DHABI, United Arab Emirates, April 09, 2025 (GLOBE NEWSWIRE) — Visionary entrepreneur and renowned billionaire Hasan Abdullah Mohamed Ismaik has officially launched the new identity of his business conglomerate: HAMIC Group, an acronym for Hasan Abdullah Mohamed Ismaik Capital. This bold new brand represents an elevated vision for the future—rooted in a legacy of excellence and driven by innovation and global ambition.

    Formerly known as the Hasan Ismaik Group, HAMIC Group stands as a testament to over 30 years of success, with a presence in 10 countries and management of more than 25 diverse investment projects. Headquartered in Abu Dhabi, HAMIC Group is a powerhouse of investment and asset management, with a dynamic, diversified portfolio spanning financial investments, real estate, retail, general trading, and hospitality.

    With the UAE as its strategic launchpad, HAMIC Group aims to capitalize on the region’s thriving economy and its status as a global financial and commercial hub. The group is set to scale its legacy to unprecedented heights, advancing regional and international ventures that embody innovation, sustainability, and economic value creation.

    “At this transformative moment in our journey, I am proud to unveil HAMIC Group—a name that reflects our ambition, purpose, and commitment to building a future-ready investment powerhouse,” said Hasan Ismaik, Founder and Chairman of HAMIC Group. “With a portfolio valued in the billions of dollars, we are poised to lead in shaping opportunities, driving growth, and supporting the UAE’s vision of a diversified and sustainable economy.”

    Built on the enduring success of the MARYA Group, which played a pivotal role in shaping real estate, retail, and investment landscapes, HAMIC Group is poised to expand its impact through a distinguished suite of companies including:

    • MARYA Development: Delivering iconic real estate projects in the UAE and globally.
    • SOHO: A leading retail player managing premium assets and brands in fashion and F&B.
    • HII Investments: Specializing in strategic, high-impact financial investments.
    • HAMG General Trading: Powering trade solutions across regional and global markets.

    HAMIC Group’s investment philosophy is deeply rooted in market intelligence, strategic foresight, and a commitment to excellence. The group is uniquely positioned to drive value through sustainable and socially responsible initiatives, with a strong emphasis on enhancing lifestyles and meeting evolving consumer aspirations.

    “Our strategy is aligned with the UAE’s national priorities and global economic trends,” Ismaik added. “HAMIC Group is more than an investment group—it is a catalyst for progress, a platform for innovation, and a legacy in motion.”

    With a clear vision and purpose-driven leadership, HAMIC Group is set to redefine the landscape of modern investment, blending luxury, sustainability, and impact across every venture it undertakes.

    About HAMIC Group:

    Hasan Ismaik Group (HAMIC Group) is a global investment powerhouse with over 30 years of experience, headquartered in the UAE, and managing a multi-billion-dollar portfolio.

    At HAMIC, we believe in the power of innovation and collaboration to transform industries. With a global footprint spanning 10 countries—including the UAE, Saudi Arabia, Jordan, Egypt, Iraq, Bahrain, Turkey, France, Germany, and the United States—we operate more than 25 projects that drive growth and create lasting impact.

    HAMIC Group operates across five key sectors: general investments, real estate, retail, trading, and hospitality. Under its umbrella, HAMIC owns and manages several leading companies, each driving excellence in its respective industry:

    MARYA Development: Elevating life through timeless design and thoughtful craftsmanship. We are committed to developing exceptional properties that redefine urban landscapes, enhance communities, and provide premium living experiences.

    SOHO: Combining luxury retail, fashion, and the F&B industries with a passion for enhancing the customer experience and driving innovation in lifestyle.

    HII & HAMG: Focused on connecting industries through strategic partnerships, driving growth across sectors, and generating financial returns through visionary investment strategies.

    With a proven track record and a visionary brand portfolio, HAMIC Group is shaping the future with uncompromising excellence and a lasting impact.

    Timeless Impact, Driven by Innovation.

    Visit our website: www.HAMIC.com

    For more information, please contact: PR@hamic.com +971 58 291 3443

    Follow us on @HamicGroup

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/18f30f48-b6dd-4bf8-915d-bed03b46eebf

    The MIL Network –

  • MIL-OSI Russia: A new quarter with sports and business infrastructure will appear in Kommunarka under the integrated territorial development program

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    A residential area will be built in the Kommunarka district of the Novomoskovsky administrative district of the capital. Inefficiently used plots with a total area of 13.74 hectares will be reorganized under the program of integrated development of territories (IDT). The corresponding draft decision has been published on the website Moscow Government. This was reported by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “As part of the redevelopment of two sites near Alexandra Monakhovaya Street in a rapidly developing district of Moscow, another modern residential quarter with the infrastructure necessary for city residents will appear. Thanks to the construction of various facilities, it is planned to create over 2.5 thousand jobs here. Investments in the implementation of the project will amount to 60.64 billion rubles, and the annual budget effect is estimated at more than one billion rubles,” said Vladimir Efimov.

    The plots are conveniently located – the Kommunarka station of the Troitskaya metro line is nearby.

    “In accordance with the draft decision, the territory will be used for the construction of multi-apartment residential complexes. More than four thousand people will be able to live in the new buildings. In addition, an administrative and business complex with a parking lot for 740 cars, with an area of 62.64 thousand square meters, will be built nearby. A sports and recreation complex with public spaces with a total area of 5.4 thousand square meters and a parking lot for 300 cars will also appear here. The plots themselves will be landscaped and greened,” said the Minister of the Moscow Government, head of the capital’s Department of City Property.

    Maxim Gaman.

    According to the KRT program, multifunctional city blocks are being created, where roads, comfortable housing and all the necessary infrastructure are being designed on the site of former industrial zones and inefficiently used areas. Currently, 302 projects for the integrated development of territories with a total area of about 4.2 thousand hectares are at various stages of development and implementation in Moscow. This work is being carried out on behalf of Sergei Sobyanin.

    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.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/152349073/

    MIL OSI Russia News –

  • MIL-OSI: StepStone Evergreen Funds Added to Bergos Private Markets Platform

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, Switzerland, April 09, 2025 (GLOBE NEWSWIRE) — StepStone Group Inc. (Nasdaq: STEP), a leading global private markets solutions provider, announced today that several of its private market evergreen funds are now accessible through Bergos AG, which manages CHF7.3 billion in assets on behalf of clients.

    StepStone funds now available at Bergos AG are:

    • StepStone Private Venture and Growth Fund (“SPRING Lux”) is a broadly diversified venture and growth strategy fund leveraging an open architecture approach, selecting managers across the innovation economy. As of February 28, 2025, SPRING Lux has $341.7M in AUM and has delivered a 59.92% total net return since inception in November of 2022.
    • StepStone Private Infrastructure Fund (“STRUCTURE Lux”) seeks to provide current income and long-term capital appreciation by offering investors access to a global investment portfolio of private infrastructure assets. As of February 28, 2025, STRUCTURE Lux has $79.9M in AUM and has delivered a 24.91% total net return since inception in September of 2023.
    • StepStone Private Credit Fund (“SCRED Lux”) offers a permanent private debt co-investment solution deploying various credit-related strategies across market cycles to generate both current income and long-term capital appreciation. As of January 30, 2025, SCRED Lux has $43.6M in AUM, leveraging a ‘multi-lender’ approach since inception in June of 2024.
    • StepStone Private Credit Europe ELTIF (“SCRED Europe”) is structured to offer investors access to a broadly diversified, European-focused private credit strategy, with a primary focus on senior secured direct lending. The fund has successfully launched with over €250 million in seed capital, backed by a robust pipeline of opportunities.

    “Investors have embraced our approach to accessing the private markets through StepStone’s evergreen platform, and we are excited to deliver this access to Bergos’ clients,” said Neil Menard, Partner and President of Distribution at StepStone. “Bergos aligns with our mission of providing investors access to institutional-quality private market investments around the globe, and we are proud to partner with an institution whose values reflect our own.”

    Earlier this year, StepStone launched SCRED Europe, a private credit fund available to EU-domiciled professional and retail investors1. SPRING Lux and STRUCTURE Lux were also recently converted from reserved alternative investment funds (RAIFs) to UCI Part II compliant structures, allowing professional investors and semi-professional investors greater access to the private markets, including private equity, infrastructure, and real estate.

    1 As defined under Directive 2014/65/EU. SCRED Europe is only available to professional and retail investors in those EEA Member States into which the manager of the fund has registered it for marketing. Further detail on the fund’s registration status is available from the manager on request. This press release is not and should not be understood to be an offer of securities in any fund mentioned herein.

    About StepStone

    StepStone Group Inc. (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to its clients. As of December 31, 2024, StepStone was responsible for approximately $698 billion of total capital, including $179 billion of assets under management. StepStone’s clients include some of the world’s largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, as well as prominent endowments, foundations, family offices and private wealth clients, which include high-net-worth and mass affluent individuals. StepStone partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes.

    About Bergos

    Bergos AG is an independent Swiss Private Bank focusing on private wealth management. Bergos emerged in 2021 with a new shareholder base from its former mother company, the Berenberg Group founded in 1590, and has been serving international private clients and entrepreneurs in the Swiss financial center for over thirty years. Its headquarters are in Zurich with an office in Geneva. The Swiss Private Bank is dedicated to “Human Private Banking” and specializes in wealth management and advisory services. With more than 130 employees, the focus is on providing expert guidance in all known liquid asset classes, as well as in private markets and alternative investments. Following a “beyond money” approach, we also offer expertise in art collecting and philanthropy. For entrepreneurial clients, Bergos offers access to M&A and other corporate finance services. Bergos AG offers private clients, entrepreneurs and their families a holistic, cross-generational service that focuses on security, neutrality, internationality and openness to the world.

    BERGOS’ SERVICES ARE NOT MARKETED, SOLICITED OR OFFERED TO ANY PERSON RESIDENT OR ORGANISED INSIDE THE JURISDICTION OF UNITED STATES OF AMERICA AT ANY TIME. THEREFORE, BERGOS DOES NOT MARKET, SOLICIT OR OFFER STEPSTONE EVERGREEN FUNDS IN THE UNITED STATES OR TO US PERSONS.

    THIS DOCUMENT IS A MARKETING COMMUNICATION. PLEASE REFER TO THE OFFERING MEMORANDUM OF SPRING LUX, STRUCTURE LUX, SCRED LUX AND SCRED EUROPE (COLLECTIVELY, THE “FUNDS”) BEFORE MAKING ANY FINAL INVESTMENT DECISIONS.

    PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. ACTUAL PERFORMANCE MAY VARY.

    This document is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, or as an offer to provide advisory or other services by StepStone Group Private Wealth LLC (“SPW”), StepStone Group LP (“StepStone”), StepStone Group Europe Alternative Investments Limited (“SGEAIL”) or their subsidiaries or affiliates (collectively, the “Managers”) in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The information contained in this document should not be construed as legal, financial or investment advice on any subject matter. The Managers expressly disclaim all liability in respect to actions taken based on any or all of the information in this document.

    Before investing you should carefully consider the Funds’ investment objectives, risks, charges and expenses. This and other information are explained in the relevant Offering Memorandum for each Fund, a copy of which may be obtained from SGEAIL upon request.

    Information contained herein is subject to change and amendment. An indication of interest in response to this advertisement will involve no obligation or commitment of any kind.

    Prospective investors should inform themselves and obtain appropriate advice as to any applicable legal or regulatory requirements and any applicable taxation and exchange control regulations in the countries of their citizenship, residence or domicile which might be relevant to the suitability, subscription, purchase, holding, exchange, redemption or disposal of any investments.

    An investment involves a number of risks and there are conflicts of interest. Please refer to the risks outlined in detail in the relevant Offering Memorandum for each Fund.

    Marketing in the European Union

    The Funds are alternative investment funds (“AIFs”) for the purpose of Alternative Investment Fund Managers Directive (“AIFMD”). SGEAIL is the alternative investment fund manager (“AIFM”) of the Funds.

    The Funds that do not qualify as ELTIFs can be marketed to Professional Investors in the EEA in accordance with the requirements set out in Article 32 of AIFMD.

    Marketing of the Funds outside the EEA or in the EEA to investors other than Professional Investors (where relevant) must comply with applicable national private placement regimes. Those investors are required to inform themselves of any applicable local requirements or restrictions before investing in the Funds and to assess the impact of any risks they may be exposed to when investing in the Funds.

    Notice to all European Economic Area (EEA) residents

    In the EEA, this document is disseminated by SGEAIL.

    The Funds may only be offered or placed in an EEA Member State: (1) to Professional Investors to the extent that they have been registered for marketing in the relevant EEA Member State in accordance with Article 32 AIFMD (as amended and as implemented into the local law/regulation of the relevant EEA Member State); (2) to non-professional investors who meet the requirements of any national law/regulation which permits them to invest in AIFs, as specifically identified below; or (3) as they may otherwise be lawfully offered or placed in that EEA Member State, including at the exclusive initiative of an investor where permitted in accordance with the AIFMD.

    A list of the EEA Member States in which the Funds are registered for marketing under Article 32 AIFMD is available from the Managers upon request.

    Notice to investors in Austria

    Certain of the Funds have been notified to the Austrian Financial Market Authority (FMA) for marketing to professional investors (Professionelle Anleger) within the meaning of § 2 para 1 no 33 of the Austrian Alternative Investment Funds Act (Alternative Investmentfonds Manager-Gesetz; AIFMG) in accordance with Article 32 AIFMD and § 31 AIFMG. In the Republic of Austria, the relevant Funds may only be offered or placed and any offering or marketing materials related thereto may only be distributed to investors who are either (a) professional investors (Professionelle Anleger) as defined in § 2 para 1 no 33 AIFMG or where relevant (b) qualified retail investors (Qualifizierte Privatkunden) as defined in § 2 para 1 no 42 AIFMG. Distribution of the relevant Funds and any offering or marketing materials related thereto to retail investors (Privatkunden) as defined in § 2 para 1 no 36 AIFMG in the Republic of Austria is not permitted. Subscriptions by retail investors (Privatkunden) will therefore not be accepted. None of the Managers or the relevant Funds are subject to supervision by the FMA or any other Austrian authority. Neither the relevant Offering Memorandum, nor the relevant key information document (KID) have been reviewed by the FMA or any other Austrian authority.

    Notice to professional and semi-professional investors in Germany

    Certain of the Funds have been notified to the German Financial Services Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, or BAFIN) in accordance with Section 323 of the German investment code (Kapitalanlagegesetzbuch – KAGB).

    The relevant Funds may only be marketed and offered to professional and, where relevant to semi-professional investors in the Federal Republic of Germany, as defined in Section 1 (19) nos. 32 and 33 of the KAGB. The relevant Funds have not been admitted for marketing to retail investors within the meaning of Section 1 (19) no. 31 of the KAGB in Germany. Accordingly, the relevant Funds may not be offered and marketed to retail investors in Germany. This disclosure, the relevant Offering Memorandum and any other document relating to the relevant Funds, as well as information or statements contained therein, may not be supplied to retail investors in Germany or any other means of public marketing. Any resale of the relevant Funds in Germany may only be made to professional and semi-professional investors in Germany and in accordance with the provisions of the KAGB and any other applicable laws in Germany governing the sale and offering of the relevant Funds.

    Notice to investors in Italy

    Certain of the Funds have been passported with the Commissione Nazionale per le Società e la Borsa (CONSOB) for the marketing in Italy vis-à-vis professional investors in accordance with Article 32 AIFMD, article 43 of the Italian Legislative Decree of 24th February 1998, no. 58 (testo unico della finanza, the “TUF”) and relevant local implementing regulations in Italy. The relevant Funds may be distributed exclusively to the following categories of investors: (i) “professional investors” as defined in the AIFMD; or where relevant (ii) “non-professional investors” who: (1) invest at least EUR 500,000 in the relevant Fund; or (2) invest at least EUR 100,000 in the relevant Fund, and in the case of the latter, either: (a) the investment is made by a licensed portfolio manager on behalf of the non-professional investor; or (b) the investment is made by the non-professional investor in the context of the provision of investment advice, and is subject to the requirement that the entirety of any investments by that same non-professional investor in EU AIFs does not exceed ten percent (10%) of his or her financial portfolio as a result of a subscription or investment in the relevant Fund.

    Notice to investors in Switzerland

    The offer and the marketing of the Funds in Switzerland will be exclusively made to, and directed at, qualified investors (the “Qualified Investors”), as defined in Article 10(3) and (3ter) of the Swiss Collective Investment Schemes Act (“CISA”) and its implementing ordinance, at the exclusion of qualified investors with an opting-out pursuant to Article 5(1) of the Swiss Federal Law on Financial Services (“FinSA”) and without any portfolio management or advisory relationship with a financial intermediary pursuant to Article 10(3ter) CISA (“Excluded Qualified Investors”). Accordingly, the Funds have not been and will not be registered with the Swiss Financial Market Supervisory Authority (“FINMA”) and no representative or paying agent have been or will be appointed in Switzerland. This document and/or any other offering or marketing materials relating to The Funds may be made available in Switzerland solely to Qualified Investors, at the exclusion of Excluded Qualified Investors. The legal documents of the Funds may be obtained free of charge from the Managers.

    Notice to investors in the United Kingdom

    The Funds are alternative investment funds for the purpose of the Alternative Investment Fund Managers Regulations, 2013, as amended by the Alternative Investment Managers (Amendment, etc.) (EU Exit) Regulations 2019 (“UK AIFM Regulations”). SGEAIL is the alternative investment fund manager (“AIFM”) of the Funds. 

    The Funds have been registered for marketing under Regulation 59(1) of the UK AIFM Regulations. On that basis, the Funds may be marketed in the United Kingdom to UK persons who qualify as Professional Investors.

    Contacts

    Shareholder Relations:
    Seth Weiss
    shareholders@stepstonegroup.com
    +1 (212) 351-6106

    Media:
    Brian Ruby / Chris Gillick / Matt Lettiero, ICR
    StepStonePR@icrinc.com
    +1 (203) 682-8268

    The MIL Network –

  • MIL-OSI: Trifork subsidiary Nine wins strategically important contract for the Danish Agency for Digital Government: Developing Denmark’s Digital Identity Wallet

    Source: GlobeNewswire (MIL-OSI)

    Press release

    Trifork subsidiary Nine wins strategically important contract for the Danish Agency for Digital Government: Developing Denmark’s Digital Identity Wallet

    Copenhagen, 9 April 2025 – The Danish Agency for Digital Government (Digitaliseringsstyrelsen) has awarded the contract for the first phase of developing Denmark’s new Digital Identity Wallet to the IT company Nine, a subsidiary of Trifork Group. The project is awarded through the SKI framework agreement 02.14, category 1 (competence procurement), with a total value of DKK 29 million for the initial phase, which includes development starting in April 2025, go-live in Q1 2026, followed by two years of support and continued development.

    The Digital Identity Wallet will initially enable citizens to obtain digital proof of age and a digital ID credential, usable both physically and online, without having to share unnecessary personal information.

    In subsequent project phases, the functionality will be expanded to include a wide range of digital credentials and comply with the requirements of the EU’s eIDAS2 regulation. This means the wallet will ultimately be interoperable with other EU member states’ digital identity wallets – serving as a secure and standardized solution across borders.

    In the long term, many public authorities are expected to use the wallet to issue digital credentials.

    Nine has had a long-standing collaboration with the Danish Agency for Digital Government over several years, including work on the Next Generation Digital Post (NgDP) and the Rights Portal (Rettighedsportalen).

    “We are proud to be entrusted with developing Denmark’s Digital Identity Wallet. It is an exciting and meaningful task where security, user-friendliness, and future EU compatibility are at the core,” says Jacob Strange, CEO of Nine.

    The parent company, Trifork, is closely engaged in the awarded project. Trifork wishes to take part in the development of EU wallets in other member states, seeing great potential in leveraging Nine’s experience from Denmark in the broader European market.


    Investor and media contact
    Frederik Svanholm, Group Investment Director, Head of IR & PR
    frsv@trifork.com, +41 79 357 7317

    About Trifork Group
    Trifork is a pioneering global technology partner, empowering enterprise and public sector customers with innovative solutions. With 1,229 professionals across 73 business units in 16 countries, Trifork delivers expertise in inspiring, building, and running advanced software solutions across diverse sectors, including public administration, healthcare, manufacturing, logistics, energy, financial services, retail, and real estate. Trifork Labs, the Group’s R&D hub, drives innovation by investing in and developing synergistic and high-potential technology companies. Trifork Group AG is a publicly listed company on Nasdaq Copenhagen. Learn more at trifork.com.

    Attachment

    The MIL Network –

  • MIL-OSI China: Canada’s countermeasures against US takes effect on Wednesday

    Source: China State Council Information Office 3

    Canadian Finance Minister François-Philippe Champagne on Tuesday confirmed that Canada’s new countermeasures announced last week in response to the U.S. tariffs on the Canadian auto industry will come into force at 12:01 a.m. EDT on Wednesday, April 9.

    Champagne said Canada would continue to “respond forcefully” to all unwarranted and unreasonable tariffs imposed by the United States on Canadian products.

    “The government is firmly committed to getting these U.S. tariffs removed as soon as possible, and will protect Canada’s workers, businesses, economy and industry,” Champagne said in a release issued by the Finance Ministry.

    The countermeasures, announced by Prime Minister Mark Carney Prime Minister last week, include 25-percent tariffs on non-Canada-U.S.-Mexico Agreement (CUSMA) compliant fully-assembled vehicles imported into Canada from the United States, and 25-percent tariffs on non-Canadian and non-Mexican content of CUSMA compliant fully-assembled vehicles imported into Canada from the United States.

    A remission framework for auto producers that incentivizes production and investment in Canada, and helps maintain Canadian jobs, will also be implemented, said the release.

    On April 3, U.S. tariffs of 25 percent on Canadian automobiles came into effect, targeting the auto industry and the more than 500,000 Canadians this industry supports across the country, said the release, adding that the United States also intends to apply 25-percent tariffs on certain automobile parts on May 3.

    Vehicle imports from the United States totaled 35.6 billion Canadian dollars (25 billion U.S. dollars) in 2024, said the release. 

    MIL OSI China News –

  • MIL-OSI: SBM Offshore signs US$400 million Sale and Leaseback agreement for FPSO Cidade de Paraty

    Source: GlobeNewswire (MIL-OSI)

    Amsterdam, April 9, 2025

    SBM Offshore announces it has signed a non-recourse sale and leaseback financing agreement for FPSO Cidade de Paraty for the total amount of US$400 million and with a tenor of 8 years. The transaction is expected to be completed before the end of April 2025 following the fulfillment of certain closing conditions.

    FPSO Cidade de Paraty is owned by a special purpose company owned by affiliated companies of SBM Offshore (63.125%) and its partners (36.875%). Under the terms of the agreement, the special purpose company will transfer the ownership to four Chinese leasing companies.

    SBM Offshore and its partners continue to operate and maintain the asset until the end of the initial charter and operate contracts for the remaining period of 8.5 years.

    Douglas Wood, CFO of SBM Offshore, commented:
    “We are very pleased to have signed the refinancing of FPSO Cidade de Paraty, the Company’s first sale and leaseback financing. With this strategic transaction we are demonstrating once again the value of our unique lifecycle offering not only from an execution and operation standpoint but also in our ability to continue to provide innovative long-term financing solutions for our clients. We appreciate the continued support from our Chinese leasing partners.”

    Corporate Profile

    SBM Offshore is the world’s deepwater ocean-infrastructure expert. Through the design, construction, installation, and operation of offshore floating facilities, we play a pivotal role in a just transition. By advancing our core, we deliver cleaner, more efficient energy production. By pioneering more, we unlock new markets within the blue economy. 
    More than 7,800 SBMers collaborate worldwide to deliver innovative solutions as a responsible partner towards a sustainable future, balancing ocean protection with progress. 
    For further information, please visit our website at www.sbmoffshore.com.

    Financial Calendar   Date Year
    Annual General Meeting   April 9 2025
    First Quarter 2025 Trading Update   May 15 2025
    Half Year 2025 Earnings   August 7 2025
    Third Quarter 2025 Trading Update   November 13 2025
    Full Year 2025 Earnings   February 26 2026

    For further information, please contact:

    Investor Relations

    Wouter Holties
    Corporate Finance & Investor Relations Manager

    Media Relations

    Giampaolo Arghittu
    Head of External Relations

    Market Abuse Regulation

    This press release may contain inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

    Disclaimer

    Some of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those in such statements. These statements may be identified by words such as ‘expect’, ‘should’, ‘could’, ‘shall’ and / or similar expressions. Such forward-looking statements are subject to various risks and uncertainties. The principal risks which could affect the future operations of SBM Offshore N.V. are described in the ‘Impacts, Risks and Opportunities’ section of the 2024 Annual Report.

    Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results and performance of the Company’s business may vary materially and adversely from the forward-looking statements described in this release. SBM Offshore does not intend and does not assume any obligation to update any industry information or forward-looking statements set forth in this release to reflect new information, subsequent events or otherwise.

    This release contains certain alternative performance measures (APMs) as defined by the ESMA guidelines which are not defined under IFRS. Further information on these APMs is included in the 2024 Annual Report, available on our website Annual Reports – SBM Offshore.

    Nothing in this release shall be deemed an offer to sell, or a solicitation of an offer to buy, any securities. The companies in which SBM Offshore N.V. directly and indirectly owns investments are separate legal entities. In this release “SBM Offshore” and “SBM” are sometimes used for convenience where references are made to SBM Offshore N.V. and its subsidiaries in general. These expressions are also used where no useful purpose is served by identifying the particular company or companies.

    “SBM Offshore®“, the SBM logomark, “Fast4Ward®”, “emissionZERO®” and “F4W®” are proprietary marks owned by SBM Offshore.

    Attachment

    The MIL Network –

  • MIL-OSI Economics: Secretary-General of ASEAN gives interview to Malaysian National News Agency (BERNAMA)

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today granted an interview to the Malaysian National News Agency (BERNAMA) on the sidelines of the 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting in Kuala Lumpur, Malaysia. During the interview, he highlighted ASEAN’s efforts in advancing sustainability and inclusivity during Malaysia’s Chairmanship of ASEAN in 2025.

    The post Secretary-General of ASEAN gives interview to Malaysian National News Agency (BERNAMA) appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI New Zealand: Police arrest senior Comanchero leader

    Source: New Zealand Police (National News)

    The last of the Comanchero Motorcycle Gang leadership group not facing charges, is now facing court over two major investigations into drug importations.

    Police have charged the National Vice President in relation to offences linked to the importation of methamphetamine and cocaine into the country.

    Assistant Commissioner: Investigations Paul Basham says every member of the gang’s leadership is now facing serious charges.

    “This is a significant milestone and represents years of relentless investigative work to disrupt and hold the Comancheros to account for criminal activity.

    “There is no doubt that this sustained enforcement activity has had considerable impact on the gang’s ability to conduct their offending.”

    The 36-year-old man was arrested in Howick yesterday.

    Assistant Commissioner Basham says members of the National Organised Crime Group were there to make the arrest.

    “This man has been charged over the investigation into the importation of methamphetamine at the Port of Tauranga in December last year,” he says.

    “He has also been charged over offending linked to the importation of cocaine into New Zealand earlier this year.

    “It will be alleged that this man played a significant role in working across transnational organised criminal groups with these importations.”

    This week’s arrest comes off the back of three major investigations which culminated at the end of 2024 with nearly every Comanchero member facing criminal charges.

    Assistant Commissioner Basham says: “This is tenacious investigative work and I’d like to acknowledge the investigation staff based in Auckland and the Bay of Plenty.

    “We have not wavered in enforcing the law with gangs and organised criminal groups who are causing a high level of harm in communities right across this country.”

    The 36-year-old man will appear in the Auckland District Court today charged with importing methamphetamine, attempted possession of cocaine for supply and participating in an organised criminal group.

    • Background notes for editors:

    – Operations Avon, Scuba and Embargo targeted the Comancheros over a three year period
    – Those investigations resulted in 137 charges laid against the gang’s members and associates
    – Operation Bridle saw four arrests over the alleged importation through the Port of Tauranga
    – Three men are before the Auckland District Court over the importation of cocaine earlier this year

    ENDS. 

    Jarred Williamson/NZ Police

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Reserve Bank Announcements – Recruitment of new External Member to the Monetary Policy Committee

    Source: Reserve Bank of New Zealand

    9 April 2025 – A public appointment process has started for a new external member of the Reserve Bank of New Zealand’s Monetary Policy Committee (MPC) to replace Professor Bob Buckle when his term expires on 30 September 2025.

    Under its remit, the MPC is responsible for maintaining a stable general level of prices over the medium term.

    The MPC is made up of 4 internal RBNZ members and 3 external members. Monetary policy decisions, such as setting the Official Cash Rate, are made by the 7 members of the committee. This appointment process is to replace one of the external members; the Committee is also carrying one vacancy for an internal member which will be filled towards the end of the year.

    MPC appointments are made by the Minister of Finance, on the recommendation of the RBNZ Board.

    Board Chair Neil Quigley said that “suitably qualified candidates will be interviewed later this year and assessed against the appointment criteria, then the name of the candidate recommended by the Board will be provided to the Minister of Finance.”

    Applications will be assessed by the MPC Appointments Committee against various criteria including:

    expertise in monetary policy and macroeconomics (which may be demonstrated by research and/or professional practice)
    relevant professional knowledge, skills and experience in public policy and banking.  

    Applicants will require a strong understanding of conflicts of interest, the market sensitivity associated with monetary policy decisions, and the constraints on other activities that are necessarily associated with membership of the MPC.

    “The final appointment decision and timing is up to the Minister, but we anticipate an appointment to be announced by the end of September,” Professor Quigley said. The new MPC member is expected to officially begin their appointment on 1 October 2025.

    More information

    Application Pack External Member – Monetary Policy Committee (PDF, 158KB): https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=05041b903f&e=f3c68946f8
    More information about the Monetary Policy Committee: https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=1af91dff21&e=f3c68946f8
    For further information on this appointment process contact: https://www.appointbetterboards.co.nz/contact-us/

    Length of appointments

    MPC members serve fixed terms:

    Internal members must be appointed for a term of up to 5 years and can be reappointed for 2 further terms as an internal member of up to 5 years each.
    External members must be appointed for a term of up to 4 years and can be reappointed for 1 further term as an external member of up to 4 years.

    Latest OCR decision: https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=07ddc5e261&e=f3c68946f8

    MIL OSI New Zealand News –

  • MIL-OSI Russia: In April, more than 600 educational events were prepared for schoolchildren and college students

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    More than 600 educational events were prepared for young Muscovites, their parents and teachers in April. Registration for them is available on the service “Horizons” based on the Moscow Electronic School (MES). Here you can find a list of all free educational events for children and youth in the capital — lectures, festivals, master classes, competitions, quests, hackathons and excursions.

    “The Horizons service allows schoolchildren and college students to attend sports, cultural and educational events. Since its launch in 2023, it has been used more than 2.5 million times, and the number of unique users has exceeded 1.3 million. The service was most in demand among 10th-11th grade students and parents of schoolchildren,” the press service of the capital said.

    Department of Education and Science.

    So, on April 12 at 12:00 a master class will be held at the Moscow University of Finance and Law “Traditional Chinese Cuisine”. Participants will not only learn about the national dishes of the Celestial Empire, but also learn to write their names in Chinese. Schoolchildren and college students are invited to the lesson.

    On April 12 at the same time, the Palace of Children and Youth Creativity “Vostochny” will host a festival for schoolchildren master class in karate. The course is suitable for both beginners and experienced athletes. And at 16:00, students will be able to join the lesson right here “Rhythm in vocals”The children will be told about methods of working with musical ear and will be revealed the secrets of expressive performance.

    Available for primary school students and their parents excursion through the enclosure complex of the Bitsevsky Forest natural and historical park. Guests will get acquainted with wild and farm animals – squirrels, pheasants, chickens, goats and sheep, and learn interesting facts about them. The event will begin on April 16 at 14:30.

    On April 19 at 12:45 at the Russian State University of Oil and Gas named after I.M. Gubkin you can attend a lecture “Computer – from Babbage to smartphone”. Pupils of grades 7–11, college students, their parents and teachers will be told about the creation of computers and the first programs.

    In total, more than 10 thousand events were published in the Gorizonty service. The events are divided into four areas: “Technology, exact, natural sciences”, “Humanities and economics”, “Medicine, health and sports”, “Culture and art”. For the convenience of users, a filter is available that helps select an event according to age. After registration, information about the event automatically appears in the schedule of the MES electronic diary, and is also sent to e-mail.

    The Horizons service is available in the School section (News tab) of the electronic diary and in the Events section of the mobile application “MESH Diary”. You can also use the service on the website Horizons.Mos.ru.

    “Moscow Electronic School”— a joint project of the capital’s departments education and science Andinformation technology, created in 2016. A single digital educational platform is available to Moscow teachers, students and their parents. Among the main services of “MES” are a library of educational materials, an electronic diary and journal, “Moskvenok”, “Student Portfolio” and “Olympiads”.

    Providing the capital’s schoolchildren with modern digital services increases the efficiency of the educational process, helps children to plan their school and personal time wisely and corresponds to the objectives of the “All the Best for Children” national project “Youth and Children”.

    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.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/152355073/

    MIL OSI Russia News –

  • MIL-OSI: Bitget Token (BGB) Burn Model Updated with First Quarterly Burn Exceeding 30 Million Tokens

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, April 09, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has announced a significant update to the burn mechanism of Bitget Token (BGB). This enhancement introduces a utility-based model that ties BGB’s quarterly burn amount to its on-chain usage, signifying the token’s evolution towards higher transparency, compliance, and sustainable token value.

    To better reflect the growing integration of BGB across centralized and decentralized ecosystems, the new burn mechanism links quarterly burn volumes to the amount of BGB used for on-chain gas fees through Bitget Wallet’s GetGas accounts. By anchoring the burn to real usage, the model facilitates BGB’s transformation as a key asset within Web3 and real-world applications. The burn formula accounts for BGB’s usage as gas fees, quarterly average price, and predefined constants to ensure a dynamic and verifiable process.

    The first quarterly burn under this new mechanism has now been calculated. In Q1 2025, 6,943.63 BGB were topped up in Bitget Wallet’s GetGas accounts for on-chain gas fee usage. Based on the new formula, a total of 30,006,905 BGB will be burnt in this quarter. All data related to the burn — including transaction records and wallet addresses — are publicly accessible on-chain to ensure full transparency.

    “BGB is becoming a vital bridge between centralized and decentralized ecosystems. By linking its burn mechanism to actual on-chain utility, BGB’s quarterly burn amount can evolve with real usage. This update incentivizes adoption and enables transparent and sustainable tokenomics,” said Gracy Chen, CEO of Bitget. “As BGB continues to expand its role in on-chain ecosystems, a more sustainable burn mechanism can be expected.”

    Bitget Token (BGB) is the utility token that fuels the entire Bitget ecosystem, spanning both its centralized exchange and decentralized wallet. BGB can be staked to earn passive income or qualify for popular token airdrops via Launchpool and PoolX. It also unlocks early access to high-potential Web3 projects through Launchpad and LaunchX. On-chain, BGB is used to cover multi-chain gas fees in Bitget Wallet. Holding BGB grants users exclusive perks such as VIP-level upgrades and profit-sharing opportunities for elite traders. More than just a token, BGB is a gateway for users to engage with, influence, and grow alongside the Bitget ecosystem.

    Earlier this year, the BGB ecosystem was strengthened by permanently burning 800 million team-held tokens, representing 40% of the total supply. Following this burn in January 2025, the total supply was reduced to 1.2 billion, with 100% now in circulation.

    Launched in July 2021 at an initial price of 0.0585 USDT, BGB reached an all-time high of 8.5 USDT in December 2024 — delivering over 100x in cumulative gains. According to CoinMarketCap, it now ranks among the top three CEX native tokens by market cap and is listed as a top 30 crypto asset.

    For more information about the BGB burn, visit this link.

    About Bitget

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

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM 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/081df246-71da-4680-a026-fe10467ba259

    The MIL Network –

  • MIL-OSI Economics: Secretary-General of ASEAN delivers keynote address at the ASEAN Investment Conference 2025

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today delivered a keynote address at the ASEAN Investment Conference 2025 in Kuala Lumpur, Malaysia. In his remarks, Dr. Kao stressed the vital role of strengthening connectivity to foster sustainable and inclusive investment opportunities in ASEAN.

    Download the full keynote address here.

    The post Secretary-General of ASEAN delivers keynote address at the ASEAN Investment Conference 2025 appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: Secretary-General of ASEAN to participate in the World Expo 2025 in Osaka, Japan

    Source: ASEAN

    At the invitation of the Government of Japan, Secretary-General of ASEAN, Dr. Kao Kim Hourn, will lead the ASEAN Secretariat’s delegation to participate in the World Expo 2025, in Osaka, Japan, on 12-14 April 2025. The visit of SG Dr. Kao will entail a series of engagements focusing on ASEAN’s participation at the World Expo 2025, visiting Pavilions of ASEAN Member States, as well as meetings with various stakeholders based in Osaka. SG Dr. Kao will officiate the ASEAN Pavilion and, among others, deliver remarks in support of Malaysia’s ASEAN chairmanship this year at the International Trade and Industry Week, organized by the Ministry of Investment, Trade and Industry of Malaysia, at the Expo Hall.

    Taking full advantage of his time in Osaka, SG Dr. Kao will also engage with the Osaka Prefecture Governor and the Osaka Chamber of Commerce and Industry to further promote ASEAN’s potentials including in the areas of trade, investment, tourism and connectivity. Additionally, SG Dr. Kao will also be received by the ASEAN-Japan Centre during this visit, and will deliver a special lecture on the topic of ‘ASEAN-Japan Comprehensive Strategic Partnership: Partnership for Peace, Prosperity and People’ at the Kansai University, in Osaka, to convey ASEAN’s narrative to the younger generation.
    The post Secretary-General of ASEAN to participate in the World Expo 2025 in Osaka, Japan appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Australia: New provider for Chifley Health and Wellbeing Hub

    Source: Northern Territory Police and Fire Services

    Equipd Allied Health will re-open an upgraded facility from August.

    The Chifley Health and Wellbeing Hub will re-open to the community from 1 August 2024 with an extensive range of clinical services for National Disability Insurance Scheme (NDIS) and Department of Veteran Affairs (DVA) community members.

    From 1 September 2024, gym and wellbeing services will commence.

    A new provider, Equipd Allied Health, will manage the upgraded facility.

    Investing in a unique service

    The ACT Government has invested over $470,000 towards new equipment and upgrades to the facility, with

    • $350,000 for a range of training, weights, strength and conditioning and wellness equipment
    • $123,000 for a new clinical treatment room, new carpet and all-purpose gym flooring and improvements to the facility.

    Equipd Allied Health will provide dedicated services and comprehensive care and wellbeing to community members and wellbeing for people of all abilities.

    Canberrans with health conditions or impairments, older people with chronic pain or requiring rehabilitation can rely on tailored allied health care to meet their needs.

    Clinical services

    Clinical services will be available for Hub members from 1 August 2024.

    Services will be improved by:

    • a new clinical treatment room
    • new testing equipment
    • exercise and resistance training equipment for National Disability Insurance Scheme (NDIS) and Department of Veteran Affairs (DVA) community members.

    Gym services

    Gym services will re-open from 1 September 2024.

    These include member access to:

    • new cardiovascular training equipment
    • pin-loaded fixed weights and strength equipment
    • free weights
    • balance balls
    • yoga equipment and accessories.

    Members can expect to see new and familiar faces among the staff.

    Continuity for community

    Equipd Allied Health aims to ensure there is continuity for previous members.

    Future members can expect a modern, fit-for-purpose environment that supports their health and wellbeing.

    “We are dedicated to supporting the most vulnerable members of our community and fostering genuine connections through compassionate care, professional excellence, and evidence-based practices,” Dylan Grubb of Equipd Allied Health said.

    “Our number one goal as health professionals is managing risk in an exercise setting and we have clinical equipment coming that will ensure gold standard of care.”

    More information will become available at equipdalliedhealth.com.au.

    Get ACT news and events delivered straight to your inbox, sign up to our email newsletter:


    MIL OSI News –

  • MIL-OSI China: Death toll from Dominican Republic nightclub collapse rises to 66

    Source: China State Council Information Office 3

    Aerial photo taken on April 8, 2025 shows the site of a nightclub roof collapse in Santo Domingo, the Dominican Republic. [Photo/Xinhua]

    The death toll from the nightclub roof collapse on Tuesday in Santo Domingo, the capital of the Dominican Republic, has climbed to 66, with 155 others injured, authorities confirmed.

    Rescue operations are ongoing, said Juan Manuel Mendez, director of the Emergency Operations Center, describing the tragedy as one that has plunged not only the affected families but also the entire nation into mourning.

    Dominican President Luis Abinader has declared three days of national mourning starting April 8 to honor the victims.

    The collapse occurred during a party at the Jet Set nightclub in the capital in the early hours Tuesday. Jet Set is a well-known nightclub in Santo Domingo and often hosts live performances during the week.

    Investigation is under way to determine the cause of the collapse. 

    MIL OSI China News –