Category: housing

  • MIL-OSI China: MOFA and Ministry of Agriculture to form new smart agriculture advisory team to promote Diplomatic Allies Prosperity Project

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    March 24, 2025
    No. 082

    In a cross-ministerial meeting at the Ministry of Agriculture (MOA) on March 24, Minister of Foreign Affairs Lin Chia-lung and Minister of Agriculture Chen Junne-jih decided to form a new smart agriculture advisory team. The team will bring together public and private resources from the government, industry, academia, research institutions, the agricultural industry, and other sectors. In the spirit of integrated diplomacy, the new group will jointly implement a smart agriculture flagship plan under the Diplomatic Allies Prosperity Project. 

    Through coordination with diplomatic allies and friendly countries, the plan will enhance AI and digital technology applications in precision agriculture and other areas. Taiwan will work with partner countries to develop new smart agriculture, promote an agricultural Taiwan+n model (where n refers to a growing number of partners), and help the Taiwanese agricultural industry expand globally. Collaboration between Taiwan, partner countries, and friendly nations will also strengthen global food security, improve agricultural sustainability and resilience, and deliver a concerted response to the challenges of climate change.

    During the meeting at MOA, Minister Lin, Minister Chen, and their staff discussed how to expand agricultural cooperation projects with allies and friendly countries and create reciprocal and mutually beneficial business opportunities. They explored ways to assist countries in upgrading and transforming their farming sectors, increasing productivity and competitiveness, and achieving sustainable development. Potential avenues included technical cooperation, professional training, the establishment of demonstration sites, and business and investment matchmaking. The officials also discussed how to train young farmers and specialists in new smart agriculture both in Taiwan and target countries to give them a competitive edge.

    Meanwhile, the ministers deliberated on three key projects—expanding agricultural cooperation between Taiwan and the Philippines under the Executive Yuan’s economic diplomacy task force, further promoting smart aquacultural cooperation with Palau to develop its tourism industry, and exploring the possibility of cooperation to establish a seedling center in the Caribbean. They also exchanged views on organizing an agricultural trade goodwill mission to the United States in September.

    The agricultural industry is the bedrock of Taiwan’s economy and food security. President Lai Ching-te’s National Project of Hope includes the promotion of agricultural transformation and advancement to achieve sustainable resilience. The Executive Yuan’s Smart Taiwan 2.0 initiative also develops creative applications across various sectors. Under these policies and based on the new agriculture section of the Five Plus Two Industrial Innovation program, Minister Lin has launched a raft of new initiatives. These include promoting the concept of new smart agriculture; expanding applications of AI and smart solutions in agricultural production, management, and marketing; collaborating with MOA’s smart agriculture alliances; transforming agriculture to become smarter and more sustainable; and creating an international fleet focused on Taiwan’s new smart agriculture.

    Looking ahead, MOFA and MOA will continue working with partners from various sectors to assist diplomatic allies and friendly countries in adopting smart agricultural technology to enhance food security, realize sustainable development, and create shared prosperity and mutual benefits. In line with President Lai’s vision for sustainable resilience, the ministries will further contribute to global agricultural development and food security. MOFA and MOA will jointly support the efforts of Taiwanese agricultural businesses to expand their presence in the international market and ensure that Taiwan remains a thriving global economic powerhouse. (E) 

    MIL OSI China News

  • MIL-OSI United Nations: IOM Sounds Alarm as Yemen Marks a Decade of War and Humanitarian Despair

    Source: International Organization for Migration (IOM)

    Yemen, 26 March 2025 – As Yemen enters its eleventh year of conflict, the country remains in the grip of relentless suffering. Close to 20 million people rely on aid to survive, with many having endured repeated displacement, rising hunger, and the collapse of essential services. Stranded migrants face brutal conditions with little chance of escape. Yet, as funding shortfalls worsen, humanitarian efforts are unable to keep up, leaving countless people in urgent need. 

    Now, as the holy month of Ramadan unfolds, the weight of this crisis is even heavier. For many in Yemen, iftar will not be a time of gathering and abundance, but another night of going to sleep hungry, uncertain of what tomorrow will bring. While families around the world prepare for Eid, Yemenis will mark yet another holiday in the shadow of war, where loss, hunger, and hardship have become the norm.

    “The war in Yemen has faded from global attention, but for those living through it, the suffering has never stopped,” said Abdusattor Esoev, Chief of Mission for the International Organization for Migration (IOM) in Yemen. “After more than a decade of conflict, displacement, and economic collapse, Yemen remains one of the world’s most severe humanitarian crises. However, as global attention shifts elsewhere, funding is dwindling. Now, more than ever, global solidarity is needed to prevent millions from being left behind.” 

    An estimated 4.8 million people remain displaced across Yemen, many living in makeshift shelters that offer little protection against harsh weather and minimal access to basic services. Women and children are among the most affected, exposed to heightened risks of violence, malnutrition, and poor health. At the same time, floods, droughts, and extreme weather are worsening the already dire situation. 

    Despite ongoing efforts to provide aid, severe funding gaps are making it harder to reach those in greatest need. In many areas, displaced communities are surviving with barely any assistance. As needs grow, resources continue to shrink, leaving millions at risk. 

    While Yemenis suffer the effects of war, tens of thousands of migrants also remain stranded, having arrived in the country hoping to reach the Gulf in search of better opportunities. Instead, they face exploitation, detention, violence, and dangerous journeys through active conflict zones. In 2024 alone, nearly 60,900 migrants arrived in Yemen, often with no means to survive. 

    For many, the only way out is through IOM’s Voluntary Humanitarian Return (VHR) programme, which helps migrants return home safely. Yet, without increased funding, even these critical efforts could be scaled back, leaving thousands of migrants trapped in Yemen, in increasingly dire conditions. 

    As Yemen marks another year of war, IOM calls on the international community to act now, before more lives are lost. Humanitarian needs remain vast, and the consequences of inaction will be severe. The already dire situation is at risk of becoming even more neglected, as global crises compete for attention and resources. 

    “The people of Yemen cannot afford to be forgotten,” Esoev added. “As families break their fast with barely enough to eat, as parents face another Eid unable to provide for their children, and as migrants remain stranded with no way home, the world cannot turn away. Every day without action means more suffering, more lives lost, and less hope for the future.” 

    For more information, please contact: 

    In Yemen: Monica Chiriac, mchiriac@iom.int 

    In Cairo: Joe Lowry, jlowry@iom.int 

    In Geneva: Kennedy Okoth, kokoth@iom.int 

    MIL OSI United Nations News

  • MIL-OSI Russia: From Art to Science. The Best Educational Programs for Children in Moscow

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Modern education goes far beyond school lessons. Museums, cultural centers and scientific sites offer many exciting programs that help children develop creativity, interest in science, history, literature and art. The best educational programs for children in Moscow in a variety of areas are in the mos.ru article.

    Art: developing visual acuity and creative potential

    Museums and art studios actively support interest in fine arts from an early age. In classes in the art studio “Classics” of the Museum of Moscow Children will get acquainted with the history of world art – from cave painting to modern street art. Each lesson includes a theoretical part and a practical master class – a real excursion into art history, understandable to a child.

    The State A.S. Pushkin Museum has prepared regular classes for children aged six to eight years from the series “Artist’s Studio. Cities and Crafts”. Participants will learn about the history of folk toys and Russian crafts, and will learn techniques of traditional painting and sculpting applied art objects. On the course “Fairy tale around us” Children aged five or six will discuss famous fairy tales and, under the guidance of an artist, draw magical animals.

    History: Exploring the Past with Interactive Programs

    Historical programs of Moscow museums provide children with a unique opportunity to immerse themselves in the past and learn more about the culture and life of different eras. The Tsaritsyno Museum-Reserve hosts several interactive classes for budding historians: “Introduction to Tsaritsyn” (6 ), “Catherine II” (3 ), “Once upon a time” (3) Each of them, in a theatrical form, immerses even the youngest guests in the history of the country.

    The Museum of Moscow is open for family fun Exhibition “History of Moscow” with an amazing museum collection: archaeological finds, ancient clothing, weapons, household items, old books and other authentic monuments of the past.

    The Moscow Museum of Archaeology has organized a program for family leisure. Course “Entertaining Archeology” will tell about the history of the development of medieval Moscow. For lovers of practical classes, a “Archaeological Workshop” program. Everyone can feel like a real archaeologist and examine authentic objects from different eras.

    Science: Understanding the world through experimentation and research

    Studying natural sciences and technology is becoming a priority for many schoolchildren. Moscow museums and educational centers pay special attention to developing and maintaining interest through exciting experiments. The Darwin Museum has cycle “Life under the microscope”– children explore the microworld, study DNA, insect jaws and life in a drop of water.

    Nature lovers, such as bird watchers, can attend an interactive ecology class “Riddles of Moscow Birds”The children will learn whether birds can nest on concrete poles, how birds live in the capital, and much more.

    Literature: love of reading and the Russian language

    City libraries offer exciting formats that are sure to spark children’s interest in reading. A renewed club is starting work in Zelenograd Administrative Okrug on the formation of a reading culture “Chitalkin”. On weekends, children aged five to six can pretend to be librarians, writers, literary critics, illustrators and readers at the Children’s Book Playground.

    Immersive readings await children in SAO “Visiting the Book Fairy”. During the lesson, you will be able to depict your impressions and emotions on paper to the sounds of classical music. Children aged seven to 10 years old living in the southwest of the capital are invited to the meeting to the Book Laboratory club. They will hear excerpts from different works, take part in discussions and will be able to take the book home.

    In the library-reading room named after I.S. Turgenev, as part of the All-Russian Children’s Book Week, which runs from March 22 to 30, there will be Master class “Read – sculpt – play”. And in the North-West Administrative District in library #244 Young guests will be able to meet writers, illustrators and publishers, attend master classes on creating book miniatures, images and bookmarks, take part in literary readings “Bedtime Stories” and do much more.

    Anyone over the age of seven has a unique opportunity to practice oratory at the State Museum of A.S. Pushkin. As part of cycle “The Art of Speech” Teacher and theater and film actress Ulyana Chilindina will help improve articulation, eliminate accent, and also master the basics of speech improvisation.

    Music: developing musical ear and taste

    Music is an integral part of development, Moscow concert halls and cultural centers provide children with the opportunity to get acquainted with the classics and the work of modern performers. For example, the Museum of Moscow offers program “World Music” for children aged six to 11. Young listeners will explore the music of different countries and nations, gain experience playing musical instruments and engage in rhythmic tasks together with their parents.

    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/151813073/

    MIL OSI Russia News

  • MIL-OSI: DEX3.AI: Next-Gen DEX Elevating Meme Trading on Solana to New Heights

    Source: GlobeNewswire (MIL-OSI)

    HANOI, Vietnam, March 26, 2025 (GLOBE NEWSWIRE) — The cryptocurrency market in 2025 is a whirlwind of opportunity and risk, with meme coins driving unprecedented excitement on Solana — a blockchain celebrated for its speed and low costs. Enter DEX3.AI, a next-generation decentralized exchange (DEX) launched to empower meme traders with cutting-edge intelligence. As of March 18, 2025, DEX3.AI stands out by offering not just speed and usability, but a suite of advanced tools: Square Pie Chart money flow tracking, scam detection, wash trading alerts, and real-time insights into X accounts and token ownership. Tailored for Solana’s meme coin frenzy, DEX3.AI is the ultimate weapon for traders seeking smarter decisions in a chaotic market.

    Solana: The Epicenter of Meme Coin Mania

    Solana’s appeal to meme traders is undeniable. With over 65,000 transactions per second (TPS) and fees averaging 0.0001 SOL (a few cents), it’s a dream for those chasing rapid pumps and dumps. The 2024 rise of Pump.fun, which amassed $71.5 million in fees in November, solidified Solana as the meme coin hub. DEX3.AI steps into this arena with a mission: arm traders with the sharpest tools to navigate Solana’s wild ecosystem.

    DEX3.AI: Intelligence Meets Intuition

    DEX3.AI redefines what a DEX can be, merging AI-driven analytics with a trader-first design. Its upgraded features go beyond trading — they protect and inform. Here’s what sets it apart:

    1. Square Pie Chart Money Flow Tracking
    DEX3.AI’s Square Pie Chart interface transforms complex money flows into a clear, color-coded snapshot. Tracking whales, Smart Money, and KOLs (Key Opinion Leaders), it shows who’s buying or selling in real time. This visual brilliance makes market moves instantly digestible, giving traders the edge to act fast.

    2.  Smart Risk Detection: Scams and Wash Trading
    Meme coins are rife with scams and manipulation, but DEX3.AI fights back with AI-powered risk detection. It flags potential scams by analyzing token contracts for red flags (e.g., hidden mint functions) and alerts users to wash trading patterns — artificial volume spikes designed to mislead. This proactive shield helps traders avoid traps, a leap beyond basic DEXs like Raydium or Bullx.

    3.  X Account Insights: Transparency in Influence
    DEX3.AI digs into X accounts tied to tokens, revealing critical details: how many times a name has changed (a scam signal), follower count (influence level), and activity patterns. A KOL with 100K followers pumping a coin gets weighted differently than a renamed ghost account. These insights, updated live, empower traders to gauge hype versus reality.

    4.  Real-Time Ownership Breakdown
    Knowledge is power, and DEX3.AI delivers it with real-time token ownership analytics. See how much Devs, Insiders, and Snipers (early buyers) hold. If Devs control 70% of supply or Snipers are dumping, you’ll know instantly — crucial data for deciding whether to jump in or bail out.

    5.  Seamless PC and Mobile Interface
    Speed meets simplicity with DEX3.AI’s intuitive interface, optimized for PC and mobile. Swap tokens, monitor risks, or check X trends — all in a clean, responsive layout. Whether at home or on the move, traders stay in control

    6.  Deep Signals: AI-Driven Predictions
    Upgraded with AI, Deep Signals tracks money flows from whales, smart money, KOL and predicts trends by fusing on-chain data with X buzz. It flags tokens gaining traction — visualized in the Square Pie Chart — and warns of fading momentum, giving traders a predictive edge no rival can match.

    7.  High-Speed Trading Precision
    Built for Solana’s sub-400-millisecond confirmations, DEX3.AI ensures trades hit the blockchain at lightning speed. This precision is a lifeline in meme coin volatility, letting traders snipe launches or exit pumps before the crash.

    DEX3.AI vs. The Field
    DEX3.AI outshines its market competitors with wallet-tracking features that detect token trends and identify scams. Raydium and Jupiter excel in liquidity but fall short in providing risk assessment tools and real-time ownership data. Uniswap and PancakeSwap, constrained by slower chains, cannot match DEX3.AI’s Solana-optimized speed and intelligence. This DEX isn’t just better — it’s in a league of its own.

    Empowering Smarter Decisions
    What ties DEX3.AI’s features together is their purpose: better decisions. The Square Pie Chart clarifies money flows, scam alerts protect capital, X insights expose hype, and ownership data reveals risks — all in real time. A trader spotting a token with 80% Dev ownership and a suspicious X account can dodge a rug pull, while one seeing whale accumulation can ride the wave. This intelligence turns Solana’s chaos into opportunity.

    The Future of DEX3.AI
    In March 2025, as Solana’s meme coin scene surges, DEX3.AI is poised to dominate. Its blend of AI, risk detection, and trader-friendly design could evolve further — think deeper scam forensics or cross-chain meme tracking. DEX3.AI isn’t just keeping pace; it’s setting the DeFi standard.

    Conclusion

    DEX3.AI isn’t a typical DEX — it’s a meme trader’s dream on Solana. With Square Pie Charts, scam and wash trading detection, X account insights, real-time ownership breakdowns, and AI-driven signals, it delivers unmatched intelligence. For those navigating the meme coin jungle, DEX3.AI is the compass to profit and safety

    Website: https://dex3.ai
    X: https://x.com/dex3_ai

    Media Contact:

    Name: PHẠM QUỐC HUY
    Website: http://dex3.ai
    Email: huypq@dex3.ai
    Address: No2 Nguyen Co Thach Street, Ha Noi, Viet Nam

    Disclaimer: This press release is provided by DEX3.AI. 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/31f88daf-37c7-41da-b532-61d7057ec7a6
    https://www.globenewswire.com/NewsRoom/AttachmentNg/ff17c795-4aeb-4593-a73f-3299d7b24980
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    https://www.globenewswire.com/NewsRoom/AttachmentNg/0efb273f-8377-401e-a067-0817481e9f16

    The MIL Network

  • MIL-OSI United Kingdom: Land Reform Bill must correct vast historic wrong

    Source: Scottish Greens

    Land is power.

    The Scottish Government’s Land Reform Bill must advance efforts to overturn Scotland’s vastly unequal historic land ownership and allow more of our land to be managed in a way that delivers for people and planet, say the Scottish Greens.

    With the Bill set to be debated for the first time at Stage One today, Scottish Green MSP Ariane Burgess has urged the government to work with her and community campaigners to ensure it is as robust as possible.

    Ms Burgess is calling for meaningful powers to break up the big estates and empower communities to buy and transform the land around them. The Highlands and Islands MSP is also seeking changes that will ensure large estates are managed for the public’s benefit, including tackling the climate crisis.

    The Bill, which began as a result of the Bute House Agreement that brought the Greens into government, is meant to ensure large landowners are legally required to produce land management plans, and engage with local communities over how it is used, including on vital issues like restoring nature, and reducing the impacts of climate change.

    With half of Scotland’s land owned by less than 1% of people, our land distribution is some of the most unequal in Europe.

    Ms Burgess said:

    “Land is power, and this Bill has the potential to be a huge step forward for rural communities and in addressing the historic wrongs that continue to block the fairer distribution of Scotland’s land today.

    “Our country should belong to all of us. We need to ensure that landowners are using their land in ways that benefit our communities, our nature and our environment.

    “At its heart, land reform is about challenging power and empowering our communities. From our cities to our countryside and from our hills to our iconic rivers and our beautiful coastlines, huge swathes of Scotland are owned by a very small number of extremely wealthy people.

    “It is over 20 years since Scotland introduced community right to buy laws, but one of the biggest barriers to community ownership is the complex process for communities to register their interest to buy land when it becomes available. This includes small parcels of land that could be used for self-build housing, community orchards or new community enterprises.

    “That’s why it’s vital that this Bill goes much further in delivering robust powers that will allow us to break up big estates that come up for sale and to manage them for the wider public benefit.

    “These kinds of changes will make community ownership a far more viable and affordable option for many communities and give them more of a stake in their future.

    “By diversifying how we use our land we can tackle the impacts of climate change and nature loss and secure a thriving biodiversity and more rural jobs in Scotland.”

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: RSH publishes regulatory judgements for seven landlords

    Source: United Kingdom – Government Statements

    Press release

    RSH publishes regulatory judgements for seven landlords

    The Regulator of Social Housing has today published regulatory judgements for seven housing associations.

    Following programmed inspections, Cross Keys Homes, LiveWest Homes, Midland Heart, and Thirteen Housing Group all received C1/G1/V1 gradings. Places for People Group received C1/G1/V2 gradings.

    As well as its G1/V2 gradings, Together Housing Group received a C2, meaning that there are some weaknesses in its delivery of the outcomes of the consumer standards and improvement is needed, specifically in relation to the outcomes in our Safety and Quality Standard.  

    Together Housing Group needs to demonstrate progress in the delivery of the remainder of its programme of physical inspections to fill remaining gaps in understanding the condition of its homes including on decent homes standard compliance.   

    RSH’s inspection also identified improvement needed in reporting arrangements for landlord health & safety in relation to the level of detail provided on remedial actions.  

    Cross Keys Homes was regraded from a V2 to V1 and RSH was assured that financial plans are consistent with, and support, its financial strategy. It retained its G1 grading. 

    Cross Keys also evidenced that it has an adequately funded business plan, sufficient security in place to support its financial plans, and forecasts that it will continue to meet its financial covenants under a wide range of adverse scenarios. 

    Following a two-year period of intensive engagement, RSH has now given Rochdale Boroughwide Housing a G2 grading for governance and removed a previous regulatory notice.  

    Through this engagement RSH has sought assurance that Rochdale Boroughwide Housing’s new leadership team has strengthened the way the organisation is run, to address the failings which led to Awaab Ishak’s tragic death and improve its service to tenants. 

    A G2 grading means Rochdale Boroughwide Housing meets RSH’s governance requirements overall but needs to make improvements to ensure progress continues. RSH will continue to actively engage with the provider and monitor its ongoing improvement plan.   

    RSH also removed regulatory notices for Babergh District Council and Mid-Suffolk District Council. 

    The other providers – LiveWest Homes, Midland Heart, Places for People Group and Thirteen Housing Group – retained their previous governance and financial viability gradings. 

    Kate Dodsworth, Chief of Regulatory Engagement at RSH, said: 

    “Even landlords which receive the highest gradings still have room for improvement. As we enter the second year of our inspection programme, we are looking for evidence of a proactive approach to meeting the outcomes of our standards. 

    “All landlords should aim for G1. Strong governance is fundamental to delivering more and better homes, improving services to tenants while having robust finances.” 

    Notes to Editors 

    1. On 1 April 2024 RSH introduced new consumer standards for social housing landlords, designed to drive long-term improvements in the sector. It also began a programme of inspections for all large social landlords (those with over 1,000 homes) over a four-year cycle. The changes are a result of the Social Housing Regulation Act 2023 and include stronger powers to hold landlords to account. More information about RSH’s approach is available in its document Reshaping Consumer Regulation

    2. More information about RSH’s responsive engagement, programmed inspections and consumer gradings is also available on its website. 

    3. RSH promotes a viable, efficient and well-governed social housing sector able to deliver more and better social homes. It does this by setting standards and carrying out robust regulation focusing on driving improvement in social landlords, including local authorities, and ensuring that housing associations are well-governed, financially viable and offer value for money. It takes appropriate action if the outcomes of the standards are not being delivered.

    4. For general enquiries email enquiries@rsh.gov.uk. For media enquiries please see our Media Enquiries page.

    Updates to this page

    Published 26 March 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: UK House Price Index for January 2025

    Source: United Kingdom – Government Statements

    Press release

    UK House Price Index for January 2025

    The UK HPI shows house price changes for England, Scotland, Wales and Northern Ireland.

    The January data shows:

    • on average, house prices have risen by 0.2% since December 2024
    • there has been an annual price rise of 4.9% which makes the average property in the UK valued at £269,000

    England

    In England the January data shows, on average, house prices rose by 0.2% since December 2024. The annual price rise of 4.8% takes the average property value to £291,000.

    The regional data for England indicates that:

    • London experienced the most significant monthly increase with a movement of 2.3%
    • Yorkshire and the Humber saw the greatest monthly price fall, with a fall of -0.6%
    • the North East experienced the greatest annual price rise, up by 9.1%
    • London saw the lowest annual price growth, with a rise of 2.3%

    Price change by region for England

    Region Average price January 2025 Annual change % since January 2024 Monthly change % since December 2024
    East Midlands £241,000 6.2 -0.4
    East of England £339,000 3 -0.2
    London £564,000 2.3 2.3
    North East £161,000 9.1 -0.1
    North West £210,000 6.8 -0.1
    South East £386,000 4.5 0.5
    South West £307,000 2.7 0.1
    West Midlands £245,000 5.3 0
    Yorkshire and the Humber £203,000 5.9 -0.6

    Repossession sales by volume for England

    The lowest numbers of repossession sales in November 2024 were in the East Midlands and East of England.

    The highest number of repossession sales in November 2024 was in London.

    Repossession sales November 2024
    East Midlands 1
    East of England 1
    London 13
    North East 12
    North West 12
    South East 6
    South West 2
    West Midlands 7
    Yorkshire and the Humber 4
    England 61

    Average price by property type for England

    Property type January 2025 January 2024 Difference %
    Detached £473,000 £453,000 4.4
    Semi-detached £286,000 £270,000 5.9
    Terraced £242,000 £228,000 5.8
    Flat/maisonette £225,000 £221,000 2
    All £291,000 £278,000 4.8

    Funding and buyer status for England

    Transaction type Average price January 2025 Annual price change % since January 2024 Monthly price change % since December 2024
    Cash £278,000 4.1 0.2
    Mortgage £297,000 5.1 0.2
    First-time buyer £245,000 5.3 0.1
    Former owner occupier £354,000 4.2 0.4

    Building status for England

    Building status* Average price November 2024 Annual price change % since November 2023 Monthly price change % since October 2024
    New build £438,000 22.7 9.5
    Existing resold property £284,000 2.3 -0.7

    *Figures for the 2 most recent months are not being published because there are not enough new build transactions to give a meaningful result.

    London

    London shows, on average, house prices decreased by 2.3% since December 2024. House prices have shown an annual price increase of 2.3%, meaning the average price of a property is £564,000.

    Average price by property type for London

    Property type January 2025 January 2024 Difference %
    Detached £1,147,000 £1,115,000 2.9
    Semi-detached £714,000 £684,000 4.4
    Terraced £638,000 £613,000 4
    Flat/maisonette £449,000 £446,000 0.7
    All £564,000 £551,000 2.3

    Funding and buyer status for London

    Transaction type Average price January 2025 Annual price change % since January 2024 Monthly price change % since December 2024
    Cash £602,000 0.3 3.3
    Mortgage £556,000 2.9 2
    First-time buyer £484,000 2.4 1.9
    Former owner occupier £699,000 2.2 2.8

    Building status for London

    Building status* Average price November 2024 Annual price change % since November 2023 Monthly price change % since October 2024
    New build £590,000 18.7 8.6
    Existing resold property £550,000 0 -1.7

    *Figures for the 2 most recent months are not being published because there are not enough new build transactions to give a meaningful result.

    Wales

    Wales shows, on average, house prices rose by 0.9% since December 2024. An annual price increase of 6% takes the average property value to £210,000

    There were 4 repossession sales for Wales in October 2024.

    Average price by property type for Wales

    Property type January 2025 January 2024 Difference %
    Detached £331,000 £314,000 5.2
    Semi-detached £208,000 £195,000 6.5
    Terraced £166,000 £156,000 6.2
    Flat/maisonette £131,000 £125,000 5.1
    All £210,000 £198,000 6

    Funding and buyer status for Wales

    Transaction type Average price January 2025 Annual price change % since January 2024 Monthly price change % since December 2024
    Cash £210,000 5.6 1.5
    Mortgage £209,000 6.1 0.5
    First-time buyer £180,000 6.4 0.6
    Former owner occupier £251,000 5.5 1.1

    Building status for Wales

    Building status* Average price November 2024 Annual price change % since November 2023 Monthly price change % since October 2024
    New build £375,000 23.3 9.4
    Existing resold property £206,000 3 0.6

    *Figures for the 2 most recent months are not being published because there are not enough new build transactions to give a meaningful result.

    UK house prices

    UK house prices rose by 4.9% in the year to January 2025, up from the revised estimate of 4.6% in the 12 months to December 2024. On a non-seasonally adjusted basis, average house prices in the UK increased by 0.2% between December 2024 and January 2025, compared with a decrease of 0.1% from the same period 12 months ago (December 2023 and January 2024).

    The UK Property Transactions Statistics showed that in January 2025, on a seasonally adjusted basis, the estimated number of transactions of residential properties with a value of £40,000 or greater was 95,000. This is 14.4% higher than a year ago (January 2024). Between December 2024 and January 2025, UK transactions decreased by 1% on a seasonally adjusted basis.

    House price monthly increase was highest in London where prices increased by 2.3% in the year to January 2025. The highest annual growth was in the the North East, where prices increased by 9.1% in the year to January 2025.

    See the economic statement.

    The UK HPI is based on completed housing transactions. Typically, a house purchase can take 6 to 8 weeks to reach completion. As with other indicators in the housing market, which typically fluctuate from month to month, it is important not to put too much weight on one month’s set of house price data.

    Access the full UK HPI

    Background

    1. We publish the UK House Price Index (HPI) on the second or third Wednesday of each month with Northern Ireland figures updated quarterly. We will publish the February 2025 UK HPI at 9:30am on Wednesday 16 April 2025. See calendar of release dates.
    2. We have made some changes to improve the accuracy of the UK HPI. We are not publishing average price and percentage change for new builds and existing resold property as done previously because there are not currently enough new build transactions to provide a reliable result. This means that in this month’s UK HPI reports, new builds and existing resold property are reported in line with the sales volumes currently available.
    3. The UK HPI revision period has been extended to 13 months, following a review of the revision policy (see calculating the UK HPI section 4.4). This ensures the data used is more comprehensive.
    4. Sales volume data is available by property status (new build and existing property) and funding status (cash and mortgage) in our downloadable data tables. Transactions that require us to create a new register, such as new builds, are more complex and require more time to process. Read revisions to the UK HPI data.
    5. Revision tables are available for England and Wales within the downloadable data in CSV format. See about the UK HPI for more information.
    6. HM Land Registry, Registers of Scotland, Land & Property Services/Northern Ireland Statistics and Research Agency and the Valuation Office Agency supply data for the UK HPI.
    7. The Office for National Statistics (ONS) and Land & Property Services/Northern Ireland Statistics and Research Agency calculate the UK HPI. It applies a hedonic regression model that uses the various sources of data on property price, including HM Land Registry’s Price Paid Dataset, and attributes to produce estimates of the change in house prices each month. Find out more about the methodology used from the ONS and Northern Ireland Statistics & Research Agency.
    8. We take the UK Property Transaction statistics  from the HM Revenue and Customs (HMRC) monthly estimates of the number of residential and non-residential property transactions in the UK and its constituent countries. The number of property transactions in the UK is highly seasonal, with more activity in the summer months and less in the winter. This regular annual pattern can sometimes mask the underlying movements and trends in the data series. HMRC presents the UK aggregate transaction figures on a seasonally adjusted basis. We make adjustments for both the time of year and the construction of the calendar, including corrections for the position of Easter and the number of trading days in a particular month.
    9. UK HPI seasonally adjusted series are calculated at regional and national levels only. See data tables.
    10. The first estimate for new build average price (April 2016 report) was based on a small sample which can cause volatility. A three-month moving average has been applied to the latest estimate to remove some of this volatility.
    11. The UK HPI reflects the final transaction price for sales of residential property. Using the geometric mean, it covers purchases at market value for owner-occupation and buy-to-let, excluding those purchases not at market value (such as re-mortgages), where the ‘price’ represents a valuation.
    12. HM Land Registry provides information on residential property transactions for England and Wales, collected as part of the official registration process for properties that are sold for full market value.
    13. The HM Land Registry dataset contains the sale price of the property, the date when the sale was completed, full address details, the type of property (detached, semi-detached, terraced or flat), if it is a newly built property or an established residential building and a variable to indicate if the property has been purchased as a financed transaction (using a mortgage) or as a non-financed transaction (cash purchase).
    14. Repossession sales data is based on the number of transactions lodged with HM Land Registry by lenders exercising their power of sale.
    15. For England, we show repossession sales volume recorded by government office region. For Wales, we provide repossession sales volume for the number of repossession sales.
    16. Repossession sales data is available from April 2016 in CSV format. Find out more information about repossession sales.
    17. We publish CSV files of the raw and cleansed aggregated data every month for England, Scotland and Wales. We publish Northern Ireland data on a quarterly basis. They are available for free use and re-use under the Open Government Licence.
    18. HM Land Registry is a government department created in 1862. Its vision is: “A world-leading property market as part of a thriving economy and a sustainable future.”
    19. HM Land Registry’s purpose is: “We protect your land ownership and provide services and data that underpin an efficient and informed property market.”
    20. HM Land Registry safeguards land and property ownership valued at £8 trillion, enabling over £1 trillion worth of personal and commercial lending to be secured against property across England and Wales. The Land Register contains more than 26.5 million titles showing evidence of ownership for more than 89% of the land mass of England and Wales.
    21. For further information about HM Land Registry visit www.gov.uk/land-registry.
    22. Follow us on @HMLandRegistry, our blogLinkedIn and Facebook.

    Contact

    Press Office

    Trafalgar House
    1 Bedford Park
    Croydon
    CR0 2AQ

    Email HMLRPressOffice@landregistry.gov.uk

    Phone (Monday to Friday 8:30am to 5:30pm) 0300 006 3365

    Mobile (5:30pm to 8:30am weekdays, all weekend and public holidays) 07864 689 344

    Updates to this page

    Published 26 March 2025

    MIL OSI United Kingdom

  • MIL-OSI Europe: EBA identifies payment fraud, indebtedness and unwarranted de-risking as key issues affecting consumers in the EU

    Source: European Banking Authority

    The European Banking Authority (EBA) published today the 9th edition of its biennial Consumer Trends Report for 2024/25. The Report has identified payment fraud, indebtedness, and unwarranted de-risking as the most important issues affecting EU consumers. The Report is based on information provided by the national authorities of the 27 EU Member States, selected national and EU consumer associations, EU industry associations, national ombudsmen, as well as quantitative data from a variety of sources, including for the first time the EBA’s new Retail Risk Indicators, which the EBA publishes separately since 2022 with a view to identify potential consumer harm.

    The Report concludes that payment fraud is still the most significant issue for EU consumers. This also reflects the emergence of new types of fraud, such as social engineering techniques. In this type of scams, payers are manipulated into making a payment to the fraudsters, who have adapted their techniques to elude the application of the strong customer authentication requirements imposed by EU law.

    Indebtedness emerges as the second most relevant issue, with a significant rise of what is commonly referred to as ‘Buy-Now-Pay-Later’ credit and other types of small, fast, accessible and short-term credit. Inadequate creditworthiness assessment practices of lenders and poor disclosure of pre-contractual information are found to be key drivers to indebtedness.

    Unwarranted de-risking is the third most relevant issue, with more consumers facing increased difficulties in opening and retaining payment accounts, access to which is a prerequisite for residents in the EU to be able to participate in the EU economy. This issue materialises in the form of refused onboarding of new and the offboarding of existing consumers and seems to be affecting mostly specific categories of vulnerable consumers, i.e., migrants, refugees, the homeless, cross-border workers, and individuals with poor financial histories.

    Following these findings, the EBA will consider which actions to take in 2025/26 to address the topical issues identified in 2024/25 and with the aim of further enhancing consumer protection across the EU.

    Legal basis and background

    The Consumer Trends Report 2024/25 has been developed in fulfilment of the EBA’s mandate set out in Article 9(1) of its founding Regulation, which requires the Authority to take a leading role in promoting transparency, simplicity and fairness in the market for consumer financial products or services across the internal market, including by collecting, analysing and reporting on consumer trends.

    MIL OSI Europe News

  • MIL-OSI United Kingdom: Problems to solve and crafts to create this Easter at The D-Day Story

    Source: City of Portsmouth

    This Easter, there’s a wide range of exciting activities for families to take part in down at The D-Day Story on Southsea seafront.

    Do you know your LCT from your BARV or your LCVP from your DUKW?  Find out this Easter – from hands-on experiments, to creative crafts, the museum’s family holiday activity programme is inspired by Landing Craft Tank (LCT) 7074, which is based outside the museum on Clarence Esplanade.

    Operation: Spies and Lies returns to the museum this Easter. Do you have what it takes to complete the challenges to find the mystery object? The challenge will take you around the museum, learning more about the objects and people involved in D-Day. Complete all the puzzles to claim your sticker and get an exclusive free D-Day backpack to take home.

    Plus you can also take part in our family trail Resist!, which is inspired by the French Resistance and their role during D-Day. Work together as a team to find and solve clues and puzzles on board LCT 7074 and throughout the museum. The trail is perfect for family groups and is  available every day, just ask at the front desk.

    Councillor Steve Pitt, Leader of Portsmouth City Council, said: “We are really pleased to be able to offer such a wealth of educational activities during the holidays at The D-Day Story. It’s the perfect opportunity to get the family together for some Easter fun.”

    Events will be running throughout the Easter break with all activities included in the admission price. No need to book, but sessions can be very popular, so visitors are advised to arrive early.

    Find out more about specific event days via our website: Events – The D-Day Story, Portsmouth

    MIL OSI United Kingdom

  • MIL-OSI Russia: The “Show Moscow!” competition will help you get points in the “City of Tasks” project

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Participants of the online tourist route competition “Show Moscow!” can receive city points in the project “City of Tasks”To do this, you need to send your own route around the capital via the online application form on the portal “Russpass. Business”, take a screenshot and attach it to the progress report on the project website or application “City of Tasks”.

    For this, the participant will receive 790 points of the city loyalty program “Million Prizes”, which can be used to receive discounts in stores and cafes, top up the transport card “Troika” or donated to charity. It is important that both the application and the profile on the “City of Tasks” website contain the same contact information: phone number and email address.

    Applications for the “Show Moscow!” contest will be accepted until May 13. Anyone who loves the capital can participate, there are no restrictions on age or profession. The goal of the project is to create new tourist routes for the city, as well as to increase the interest of residents and professional guides in the development of regional tourism.

    Participants are offered a choice of five walking themes: history and culture, transport, sports, ecology, architecture. An expert jury will select the five most creative routes. And in each of the 12 administrative districts of the capital, one winner will be determined based on the results of online voting in the project. “Active Citizen”.

    The results will be announced on July 31, 2025. The best routes will be published in the Russpass-magazine with the authorship indicated. The winners will receive diplomas and memorable gifts from the organizers and partners of the competition.

    The online competition “Show Moscow” is in line with the initiatives of the national project “Tourism and Hospitality” and is being implemented with the aim of popularizing professions in this area and replenishing the capital’s tourism portfolio with new, non-standard and accessible routes for travelers.

    There are about three thousand tour guides working in Moscow, and about 500 excursions are held daily. Moscow City Tourism Committee comprehensively supports the excursion community. In the capital, tour guides and guide-interpreters are certified in a convenient online format, and they are also invited to excursions to unique city sites that are closed to the general public. It is the guides who form the first impressions of the capital for tourists. The “Show Moscow!” competition is held to popularize the profession.

    Project “City of Tasks” has been operating since January 2022. With its help, Muscovites can monitor the work of city services, participate in environmental, cultural, sports and other activities. At present, participants have already completed more than 2.7 million tasks. The project is being developed by the State Institution “New Management Technologies” and the Moscow Department of Information Technology.

    Applications are now being accepted for participation in the online tourist route competition “Show Moscow!”

    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/151803073/

    MIL OSI Russia News

  • MIL-OSI China: Crime thriller ‘The River of Fury’ explores love amid horror

    Source: China State Council Information Office 3

    A 2013 news report about thousands of dead pigs floating in Shanghai’s Huangpu River ignited the creative spark behind director Feng Yongqin’s debut crime thriller, “The River of Fury.”

    The cast and crew of “The River of Fury” pose for a photo at the film’s premiere in Beijing, March 19, 2025. [Photo courtesy of Hanna Pictures]

    “At that time, I couldn’t help but wonder if there was some dark secret behind those pigs that couldn’t be revealed,” Feng told China.org.cn. “In reality, the pigs were dumped into the river because of a swine epidemic. During this period in my life, I was also contemplating how a lack of love could breed an ‘epidemic’ in society. If that absence becomes a starting point, it can snowball into countless things, including extreme evil. That’s how the characters in our film came to be, and that’s how this story was born.”

    After seven years of development, “The River of Fury” finally debuted across China on March 22. The film, written by Feng and featuring veteran actors Ning Li, Wang Xun, Liu Mintao, Duan Bowen, Li Chunyuan, and Lyu Xiaolin, follows the disappearance of a young veterinarian. As the investigation unfolds, clues link her case to a suspect in serial murders characterized by a gruesome ear-cutting method 20 years ago. With seven new victims emerging, a detective from the original unsolved case renews his vow to catch the killer. His investigation leads him to suspect the pig farm owner and her three children, ultimately revealing an even more sinister secret.

    “This film is actually an exploration of the dark side of human nature,” the director said. “The subtle point here is that while we have many tools — education, art, and so on — to encourage people to be good, the primal power of humanity’s dark side still cannot be ignored, even after all these years. Through this film, I hope to draw attention to these shadows within human nature while also reminding everyone to protect the kindness in their hearts, that spark of light, no matter the circumstances.”

    Shot in Chongqing, the film is shrouded in the city’s signature misty weather. The director also shared that they chose to focus on family relationships. “Because family is actually a breeding ground for evil in our story, and it’s something close to everyone,” he said.

    The story attracted Huang Bo, a veteran Chinese actor and producer, who included this project in his “HB + U” program designed to support young filmmakers. 

    “Without Mr. Huang Bo, this film would never exist,” Feng said, noting that Huang not only brought in funds but also shared years of filmmaking experience. “I saw the responsibility and dedication of a true filmmaker, and this truly became a source of inspiration for me. I believe this will benefit me for a lifetime.”

    Actor Wang praised Feng for his directorial debut, “The film is brilliant. It has great elements like any commercial film, but it is also profound as if it borrows something from art-house cinema — something that delves deeply into human nature.”

    Wang added that Feng is highly talented, deeply passionate about film and relentless in facing challenges. “I believe many viewers will notice the director’s maturity when watching the film.”

    Wang portrayed a complex villain in the film, a pig farmer struggling with hearing impairment. Upon reading the script, he discovered that the evil character concealed profound inner wounds.

    “I felt there was a lot to explore and dig into with this character. As an actor, the worst thing is playing a role that feels predictable from the start, but this character is clearly not that kind,” he said.

    “I feel that, although the director created a group of villains, he tells a story about what love is,” the actor said. “These are stories that could very well happen around us, ones that we might find hard to accept. Such things definitely exist around us, and some might even be more terrifying than what’s shown in the film — we just don’t know about them. So where does the root of it all lie? It lies precisely in the misunderstanding of love — how to nurture and protect it. When love goes wrong, the consequences can be terrifying.”

    “So, it’s ultimately a film that explores evil to call for love,” he added.

    MIL OSI China News

  • MIL-OSI Europe: An autonomous Europe in times of geopolitical tension: the role of the financial system | Guest contribution in the Handelsblatt

    Source: Deutsche Bundesbank in English

    The world has been turned on its head and Germany’s economy is stagnating. But in times of geopolitical tensions, a strong German economy is critically important for an autonomous Europe. Public investment will rise sharply now that the special funds have been adopted. While this will unleash positive growth effects, it won’t be enough to significantly expand the economy over a medium to long-term horizon. The German economy itself needs to get match fit to compete internationally – by becoming more agile, more digitalised and more innovative. To achieve this, it is also going to require a great deal more private investment, and that means mobilising vast swathes of private capital. A strong European financial ecosystem is critically important for an autonomous Europe that can be relied on in turbulent geopolitical times.
    In this context, “autonomous” means a European real economy capable of obtaining funding via the European financial ecosystem and reducing its dependencies on non-European sources of capital. Bearing this in mind, a strong financial centre in Germany and Europe is crucially important, as is a more robust capital market culture.
    Germany’s potential growth – a measure of the country’s trend rate of growth – is languishing at a multi-year low. Compared with an average of 1.4% of gross domestic product (GDP) between 2011 and 2019, it is a mere 0.4% today.
    At the same time, Germany is Europe’s number one location for patent applications, and also ranks among the leading countries worldwide on this score – fifth, to be precise. However, much of Germany’s innovation is playing out in sectors characterised by lower growth potential, one of which is the automotive sector.
    What is more, China has emerged as more than just a strong rival in these middle technology sectors, as they are known. Overcapacities in the Chinese economy, including in the car industry, are also rippling out to the European market, exacerbating the competition and price wars further still.
    Why the United States is a high tech leader
    When it comes to high tech sectors boasting strong potential growth, there’s no getting around the United States. Much of this success is down to the fact that capital (including venture capital, which is all important for funding innovation) is far easier to mobilise in US markets. While 0.8% of GDP gets invested in venture capital in the United States, it is only 0.19% in Germany. Incentives would make sense here. In Italy, pension funds benefit from tax relief if they invest 5% or 10% in venture capital funds. Generally speaking, it is important to make it easier for firms to access financing via capital markets. Fingers crossed, then, that measures like the ones envisaged in Germany under the second Future Financing Act (Zukunftsfinanzierungsgesetz II) will be taken up again. These include, for example, making it easier for firms to go public and improving the general tax rules for investment in growth and innovation capital. 
    There are a great many growth markets offering a wealth of opportunities for German firms, like cleantech, pharmaceuticals, bioscience or artificial intelligence. In this respect, it is very welcome to see businesses, associations and government team up as part of the WIN Initiative (Growth and Innovation Capital for Germany) to channel up to €12 billion into the venture capital ecosystem. 
    Sweden: four times more IPOs than Germany
    But what Germany needs besides more venture capital activity is funded pensions. Sweden is a great example of how important this can be for capital markets. That Nordic country, with a population of roughly ten million, has seen 474 IPOs in total since 2015. Germany, with its much larger population, has had just 115. Sweden ranks first in the EU in the number of SME IPOs.
    This striking capital market culture is due, in part, to the country’s funded pension scheme, introduced back in the 1990s. Since its launch, Sweden’s AP7 pension fund has generated an average return of more than 10%. The Netherlands also has an adequate pension system, which is mainly built around capital-funded occupational pensions.
    There are many more countries I could mention that have taken similarly successful measures. A common feature is that two effects come about. First, as society ages, these models take the pressure off government budgets.
    Second, a country’s economy benefits from the capital market activities of its own population, which smooths the domestic funding of innovation and growth.
    German households were holding €9 trillion in capital at the end of last September – that’s a huge amount of potential investment. At present, though, only 17% of the population aged 14 and over hold shares, equity funds or ETFs.
    A strong capital market would benefit the domestic economy, the general public and government alike. It would enable the economy to be funded by the region, for the region, and add substantially to Europe’s autonomy. The general public would get better provision for their old age, one that is furthermore placed on a broader footing. Also, the pressure on government budgets would be reduced, which will be significant in view of the rising expenditure burden.
    In times of distinct geopolitical uncertainty, it is important for Germany and Europe to be autonomous. The capital market has a key role to play in this regard.

    MIL OSI

    MIL OSI Europe News

  • MIL-OSI New Zealand: Update: Arrest in aggravated burglary investigation, Miramar

    Source: New Zealand Police (National News)

    Attributable to Detective Inspector Nick Pritchard:

    Police have arrested and charged a man following extensive enquiries into an aggravated burglary in Miramar.

    At around 2am on Monday 17 March, Police were called to a Darlington Road address, where the occupants located an intruder inside their home. After an alleged altercation with the occupants of the house, the alleged offender fled.

    One person in the house received minor injuries and the other three were uninjured.

    Today, Wednesday 26 March, Police arrested and charged a 28-year-old man.

    The man is due to appear in Wellington District Court on Thursday 27 March, charged with aggravated burglary and aggravated injury.

    Wellington Police continue to investigate the death of 63-year-old Abdul Nabizadah and are working to establish if there is a link between the aggravated burglary and Mr Nabizadah’s death.

    We are grateful for the assistance so far from the public and continue to appeal for information to assist in our enquiries.

    At 12.28am, a man was seen walking down Camperdown Road from Totara Street and turned right in to Darlington Road from Camperdown Road. The man was wearing a light-coloured top and dark pants.

    We know Mr Nabizadah arrived in Totara Street in his silver-coloured Toyota Aqua, registration NQE681, at 12.25am, so this man may well have seen Mr Nabizadah and or his vehicle. We urge this person, or anyone who may know them, to come forward as soon as possible.

    At 1.30am, a man in fitness clothing or activewear was seen running south on Darlington Road, before crossing the Camperdown Road intersection. He was wearing a blue shirt, and we also need to hear from him.

    We understand these incidents are upsetting and concerning for the community and the investigation team are working tirelessly to determine the circumstances around Mr Nabizadah’s death and to bring closure for his family.

    If you have any information that could help the investigation teams, please update us at 105 online now or call 105.

    Please use the reference number 250317/6324, or reference Operation Celtic.

    Information can also be provided anonymously via Crime Stoppers on 0800 555 111.

    ENDS

    Issued by Police Media Centre

    MIL OSI New Zealand News

  • MIL-OSI Submissions: Global Economy – KOF Economic Forecast, spring 2025: Swiss economy caught in the tension between trade conflict and fiscal stimulus

    Source: KOF Economic Institute

    Uncertainty is currently unusually high owing to the geopolitical strategy of the new US administration. Assuming that the international trade conflict does not escalate any further, KOF is forecasting that real sport-adjusted gross domestic product (GDP) will increase by 1.4 per cent in 2025. Although this international trade conflict is a burden, the fiscal stimulus expected in individual European Union (EU) countries is boosting economic activity. This is improving the outlook for the Swiss economy. KOF is predicting GDP growth of 1.9 per cent for 2026. The labour market will turn the corner and inflation will remain low. However, this forecast is subject to considerable downside risks.

    The economic outlook is largely being determined by the latest economic policy events. In particular, the geopolitical strategy adopted by the new US administration has far-reaching consequences for global economic developments. While the current trade conflict is acting as a drag on the international economy, EU countries’ additional fiscal packages should provide increasing impetus from the end of this year and improve the economic outlook in Switzerland’s key European markets.

    Growing trade policy uncertainty is weighing on the investment plans of Swiss firms and households. Adjusted for one-off effects, the investment situation remains subdued for the time being. If the fiscal programmes of European trading partners take effect, this should reduce economic policy uncertainty in Europe, provide positive stimulus and boost the economy. This will primarily benefit manufacturing – especially suppliers to the defence sector – and industry-related services. Through the transmission mechanism of foreign trade this should stimulate investment in equipment and, indirectly, private consumption. Major infrastructure projects and fiscal stimulus from Europe should also directly or indirectly support construction investment during the forecast period.

    Swiss labour market stabilising, real wages rising

    Private consumption will be underpinned by the stabilising labour market. Employment and the number of people in work are likely to increase in line with GDP growth over the next few years, while the unemployment rate as defined by the State Secretariat for Economic Affairs (SECO) will rise only slowly and will soon peak at 3 per cent. KOF expects real wages – according to the Swiss wage index (SLI) – to rise by 0.9 per cent this year and 0.6 per cent next year.

    Low inflationary pressures: KOF does not expect any further interest-rate cuts by the SNB during the forecast period

    Inflation – as measured by the national consumer price index (CPI) – fell to 0.3 per cent in February compared with the same month last year and has thus been below 1 per cent for six months now. KOF is forecasting inflation rates of 0.5 per cent for this year and 0.6 per cent for next year. Following the recent reduction in the Swiss National Bank’s (SNB) key interest rates by 25 basis points to 0.25 per cent, KOF does not expect to see any further interest-rate cuts during the forecast period.

    High uncertainty during the trade conflict; downside risks predominant

    As it is still unclear which of the trade policy measures threatened by the Trump administration to date will ultimately be implemented and what further measures might follow, the latest forecast is subject to greater uncertainty than usual, with downside risks predominating. In order to factor in this uncertainty, KOF has used its new trade model to carry out additional calculations, which analyse in detail the possible trade policy measures and their potential impact on both international trade and the Swiss economy. This analysis shows that if the trade conflict spread, this could entail considerable downside risks for the Swiss economy.

    The main downside risk is that the US government imposes further tariffs on other countries and products, including any retaliatory tariffs implemented in response. In addition, the fiscal stimulus introduced in Europe may be ineffective or only materialise with a delay. And, finally, geopolitical conflicts such as the wars in Ukraine and the Middle East could escalate, impacting commodity prices and global trade.

    There is an upside risk that the US government’s threatened tariffs will only be used as a bargaining chip and will either not be introduced or will be withdrawn after just a short period of time. And, last but not least, a swift end to the war in Ukraine and a solution to the Middle East conflict could have a positive impact on energy prices and global trade.

    MIL OSI – Submitted News

  • MIL-OSI Russia: Comedy, family films and fantasy: city residents chose their favorite film genres for thematic weekend at Moskino

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    The Active Citizen project has ended vote, in which Muscovites chose their favorite film genres and directions to create a repertoire for thematic weekends of the cinema chain “Moschino”More than 209 thousand people shared their opinions.

    Participants were offered to choose up to five genres from those presented in the vote or to suggest their own option. The top five included comedies (23 percent), family films (21 percent), science fiction (10 percent), detectives (10 percent), and documentaries (nine percent). The voting results will help the Moskino network to create a program that will best meet the needs of viewers. The voting became a kind of continuation of the tradition established 60 years ago, when the Cosmos cinema began accepting requests from visitors and taking them into account in the playbill.

    State budgetary cultural institution “Moscow Cinema” (Moskino) is an organization within the structure of the capital Department of Culture, which oversees the development of the capital’s cinemas, filming and other citywide projects in the field of cinema. Today, the Moskino cinema chain unites 15 venues. Here, viewers are offered the latest releases from world cinema, art-house films and retrospectives. In addition, Moskino invites you to preview screenings of films, meetings with directors and actors, as well as discussions of films at meetings of film clubs.

    Muscovites to choose the best short film of the project “From idea to premiere”

    Project “Active Citizen” has been operating since 2014. During this time, over seven million people have joined it, participating in more than seven thousand votes. Every month, 30-40 decisions made by Muscovites are implemented in the city. The project is being developed by the capital Department of Information Technology and the State Institution “New Management Technologies”.

    The creation, development and operation of the e-government infrastructure, including the provision of mass socially significant services, as well as other services in electronic form, correspond to the objectives of the national project “Data Economy and Digital Transformation of the State” and the regional project of the city of Moscow “Digital Public Administration”.

    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/151712073/

    MIL OSI Russia News

  • MIL-OSI Russia: More than 1.7 thousand square meters of real estate were transferred to social institutions in the South-East Administrative District

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Since the beginning of the renovation program, the city has selected and transferred 10 new premises for work to socially significant organizations that were located in demolished buildings in the southeast of the capital. This was reported by Maxim Gaman, Minister of the Moscow Government and Head of the Department of City Property.

    “During the entire period of implementation of the renovation program, the city transferred 10 real estate properties in the South-Eastern Administrative District with a total area of over 1.7 thousand square meters to the operational management of socially significant organizations that occupied premises in old buildings. The relocation affected public utility enterprises and administrative institutions. The city allocated real estate in five districts: Lyublino, Nizhegorodsky, Yuzhnoportovy, Lefortovo and Tekstilshchiki,” he said.

    Maxim Gaman.

    The city allocated seven premises with a total area of over 1.3 thousand square meters to housing and communal organizations. Another three facilities with an area of almost 400 square meters were received by administrative institutions.

    “The first floors of new buildings under the renovation program are designed and built as non-residential. Social and household facilities are opened on them. Today, more than 80 premises are used to accommodate such facilities in the South-Eastern Administrative District. They house shops, pick-up points, beauty salons and other businesses,” clarified the Minister of the Moscow Government, Head of the Department of Urban Development Policy

    Vladislav Ovchinsky.

    For socially significant organizations located in buildings included in the renovation program, the city selects new premises without waiting for the start of resettlement. This applies to healthcare, sports, culture and leisure institutions, as well as utilities. When selecting facilities for placement, the infrastructure formed in the districts is taken into account. Therefore, not only areas in new buildings are used for relocation, but also premises in existing buildings.

    Earlier, Moscow Mayor Sergei Sobyanin told on the use of prefab technologies in the construction of houses under the renovation program.

    The renovation program was approved in August 2017. It concerns about a million Muscovites and provides for the resettlement of 5,176 houses. Earlier, Sergei Sobyanin instructed to double the pace of implementation of the renovation program.

    Moscow is one of the leaders among regions in terms of construction volumes. High rates of housing construction correspond to the goals and initiatives of the national project “Infrastructure for life”.

    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/151783073/

    MIL OSI Russia News

  • MIL-OSI: Bitget Wallet Unveils $80K BERA Airdrop for Berachain Ecosystem Users

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, March 26, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, a leading Web3 non-custodial wallet, has launched a Berachain ecosystem campaign featuring a $80,000 BERA airdrop. Running from March 20 at 16:00 to April 2 at 16:00 (UTC+8), the initiative is designed to reward users who actively engage with Berachain’s rapidly expanding ecosystem through a series of interactive on-chain tasks.

    The campaign spotlights six emerging projects within the Berachain network: Dolomite, Kodiak Finance, Infrared, Wasabee (Honeypot Finance), Ramen Finance, and ZooFinance. Participants who engage with these decentralized applications (DApps) through Bitget Wallet—completing tasks such as staking, swapping, and wallet interactions—will become eligible for a share of the $80,000 BERA airdrop pool. The goal is to encourage user exploration of the Berachain ecosystem and support the growth of its early-stage protocols.

    As the first wallet to fully integrate Berachain, Bitget Wallet offers users direct access to the Berachain mainnet, along with built-in features like token swaps, cross-chain transactions, and DApp connectivity—eliminating the need for manual configuration or third-party tools. This initiative is part of a broader effort by Bitget Wallet and Berachain to lower the barrier to ecosystem adoption while supporting builders and early participants, reinforcing both teams’ commitment to making onchain participation more accessible and rewarding.

    Berachain represents a new wave of DeFi infrastructure, and we’re excited to work closely with its ecosystem to bring users deeper on-chain experiences,” said Alvin Kan, COO of Bitget Wallet. “Through this campaign, we aim to lower the barrier to participation and reward users who help grow the next generation of decentralized protocols.”

    For more details, please visit Bitget Wallet X.

    About Bitget Wallet
    Bitget Wallet is the home of Web3, uniting endless possibilities in one non-custodial wallet. With over 60 million users, it offers comprehensive onchain services, including asset management, instant swaps, rewards, staking, trading tools, live market data, a DApp browser and crypto payment solutions. Supporting over 130 blockchains, 20,000+ DApps, and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges, along with a $300+ million protection fund to ensure safety of users’ assets. Experience Bitget Wallet Lite to start a Web3 journey.
    For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook
    For media inquiries, please contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fa873586-8915-44f0-af6e-24c774b0bed7

    The MIL Network

  • MIL-OSI Submissions: Telco Sector – Japan multiplay service revenue to surpass $27 billion in 2029, forecasts GlobalData

    Source: GlobalData

    The total multiplay service revenue in Japan is set to increase at a compound annual growth rate (CAGR) of 1%  from $26.4 billion in 2024 to $27.7 billion in 2029 with the growing adoption triple- and quad-play services helping offset the anticipated decline in dualplay service revenues, reveals GlobalData, a leading data and analytics company.

    GlobalData’s Japan Multiplay Forecast (Q4 2024) reveals that the total multiplay service households in Japan will increase at a CAGR of 2.2% over the period 2024-2029, driven by the high-demand for bundled telecom services in the country, and continued increase in coverage and availability of high-speed fiber-broadband services that enable the delivery of high-quality service bundles to customers.

    Srikanth Vaidya, Telecom Analyst at GlobalData, says: “Doubleplay services will remain the most popular multiplay service category through the forecast period in terms of service adoption. However, its share in the total multiplay households will gradually drop from 75.8% in 2024 to 70.9% in 2029 as more subscribers start adopting tripleplay and quadplay service bundles.

    Tripleplay services category will see its share in the total multiplay-households grow from 20.6% in 2024 to 24.5% in 2029. Quadplay services, which attract highest average monthly- household spending among all the multiplay service categories, will also see strong growth in adoption, thereby boosting the overall multiplay service revenue in the country

    Vaidya concludes: “KDDI will lead the doubleplay market, by subscription share, through 2029. The operator is leveraging its fiber-to-the-home (FTTH) networks to accelerate multiplay services adoption and offers discounted doubleplay plans, with focus on reducing churn and increasing revenue-generating units (RGUs). NTT, on the other hand, will lead the tripleplay segment in terms of households through 2029.”

    About GlobalData

    4,000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology and professional services sectors.

    MIL OSI – Submitted News

  • MIL-OSI: Nokia expands collection of broadband applications for Service Providers to monetize the connected home

    Source: GlobeNewswire (MIL-OSI)

    Press release
    Nokia expands collection of broadband applications for Service Providers to monetize the connected home

    • Nokia Corteca Marketplace provides Communication Service Providers (CSPs) with access to the largest collection of value-added applications for broadband devices.
    • CSPs can easily manage applications with Corteca via prpl lifecycle management (LCM) and TR-369 standard-based protocols.        
    • Developers and CSPs can use Nokia’s open-source Corteca Developer Toolkit to quickly develop new applications for home broadband devices.

    26 March 2025
    Amsterdam, Netherlands – Nokia today announced the launch of several new applications that help CSPs unlock new revenue opportunities and bolster end-user experiences. Nokia’s Corteca Marketplace has the largest collection of applications for broadband devices available today through a single platform.   The applications can help CSPs enhance customer experiences, improve the performance of broadband and Wi-Fi services, and generate new revenue streams.

    The full set of Corteca applications covers a variety of use cases, including diagnostics, VPN services, traffic optimization, speed tests, ad-blocking security, parental controls and more. Supporting both prpl LCM and the TR-369 User Services Platform (USP) protocol, the platform also makes managing in-home broadband gateways, Wi-Fi connectivity, and applications, easy, allowing operators to quickly install, uninstall or update any of the applications it delivers to customers. CSPs that want to develop their own applications can also use Nokia’s Corteca Developer Toolkit available on GitHub.

    New applications added to the Nokia Corteca Marketplace platform include:

    • Ookla speedtest: To analyze internet performance by measuring download/upload speeds, latency and jitter.
    • Device Anti-Theft asset security: Delivers a layer of monitoring and control, via penalization of services, for suspected stolen broadband devices that connect to the Corteca platform via external networks.
    • WTFast gaming optimization: AI-driven router technology that optimizes online gaming traffic.
    • AdGuard ad blocking: Network-wide blocking of ads and traffic tracking.
    • Blocky ad blocking: Open-source security suite providing ad and traffic tracking blocking in addition to malware protection.

    These new applications complement existing applications, such as Nokia Fingerprint, Nokia Broadband Compliance, Netduma Optima, Nokia FastMile FWA Controller, F-Secure Sense, Gryphon Home, M-Lab Speed Test and OpenVPN™ Client.

    “We decided to work with Nokia to make distribution of our technology for broadband providers much easier. We’re excited to offer WTFast in the Corteca platform, not only on new devices, but also devices already in footprint,” said Rob Bartlett, CEO and Founder, WTFast.

    “Integrating Optima with the Corteca platform has been a smooth process with tools and support readily available from the Nokia team. The intelligent Corteca architecture has meant that we can deliver all the Optima performance in an efficient containerized platform,” said Luke Barlow, CEO at Netduma.

    “Nokia’s Corteca Marketplace provides the most comprehensive suite of broadband device applications available today. Both cloud and device sides are based on standards, creating an open environment that lets operators avoid vendor lock-in.” said Justin Doucette, Head of WiFi, Fixed Networks at Nokia.

    Multimedia, technical information and related news 
    Product Page: Corteca Marketplace
    Product Page: Corteca Applications

    About Nokia 
    At Nokia, we create technology that helps the world act together. 

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation. 

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future. 

    Media inquiries 
    Nokia Press Office 
    Email: Press.Services@nokia.com  

    Follow us on social media 
    LinkedIn X Instagram Facebook YouTube 

    The MIL Network

  • MIL-OSI Russia: New stops to appear in 12 districts of the capital

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    From March 29, 11 new stops will appear in the capital. Thanks to this, seven bus and electric bus routes will be adjusted. Transport will come closer to residential buildings, metro stations, the Moscow Central Circle, Moscow Central Diameters (MCD) and social facilities.

    “On the instructions of Sergei Sobyanin, we are placing stops near residential buildings, social facilities, rail frame stations and places of attraction. From March 29, we will add 11 new stops in 12 districts of the capital, buses and electric buses of 22 routes will stop at them. We will continue to develop the network of ground transport routes and introduce new stops where necessary,” said the Deputy Mayor of Moscow for Transport and Industry

    Maxim Liksutov.

    Where will the new stops appear?

    New stops will appear on the following routes:

    — routes No. 16 and 32k in Zelenograd will be extended to the stop “Serednikovskaya Street”;

    — a stop will be added near the Bibirevo metro station on Prishvina Street for buses of route No. 284. They will stop in the same place as buses No. 282, 353, 503, 587, 618, 705, 771 and H9;

    — stops will appear near the Timiryazevskaya metro station — buses No. 519, 539 and C532 will arrive closer to exit No. 5 of the metro;

    — routes #764 and C768 will be extended to a new stop at Kuryanovo MCD-2 station. At the same time, route #646 will start operating under a new number — #764. It will be more convenient for Maryino residents to get to the MCD;

    — a stop called “Severny Bulvar, 6” will be added for routes No. 23, 380 and M54 when traveling towards the Otradnoye metro station. Instead of the “Dental Clinic” stop, residents will use the new stop;

    — a stop called “Yakovlevskoye” will be added in the center of the settlement of the same name for routes No. 868, 1002 and C117. The old stop “Yakovlevskoye” on Dorognaya Street will receive a new name “Dorognaya Street”;

    — for routes No. 153, 553, E12, M16 and H11, stops will be added at exits No. 7 and 8 from the Novatorskaya metro station.

    In addition, new oncoming stops will appear:

    — “Institute of Epidemiology” — next to route No. 570;

    — “Turn to Voronovo” — next to route No. 1004;

    — “Peoples’ Friendship University” metro station — next to route C976.

    Where new stops have already appeared

    Since the beginning of the year, about 40 new stops have appeared in the capital on more than 70 bus and electric bus routes. In total, more than 50 routes were adjusted and improved last winter, and new ground transport stops were added. Thanks to this, buses and electric buses began to approach closer to important social and transport facilities.

    Since January 18, 14 new stops have been introduced on the following routes:

    — No. 357, 359, 362, 400, 851, 865, 865k in North-West Administrative District;

    — No. 911a, 889 in TiNAO;

    — No. 512 in the North-Eastern Administrative District;

    — No. 838, 887, 864, C797, C827 in the Southern Administrative District.

    On February 1, 10 stops were introduced in different districts:

    — on routes No. 188, 172, 769, 262, 639, C17 in the South-West Administrative District;

    — on routes No. 438, 624, 690, 695, S679, M6 in the South-Eastern Administrative District;

    — on route No. 570 in the Northern Administrative District;

    — on routes No. 925, 940, 956, 969, 969k, 998, C949 in TiNAO;

    — on route No. 587 in the North-Eastern Administrative District;

    — on route No. 732 in ZAO;

    — on routes No. 48, 294, 291 in North-West Administrative District;

    — on routes E66, No. 265, 78, 975 in the Eastern Administrative District.

    Since March 1, nine new stops have been introduced on 24 routes:

    — No. 324, 358 in the North-West Administrative District;

    — No. 145, 226, 250, 261, 404, 752, 196, 699, 816 and C13 in the South-Western Administrative District;

    — No. 446, 504 in TiNAO;

    — No. 862, 32, 366, 470, 116, C369 in ZAO;

    – No. 503, 282, 353, 618 in NEAD.

    In accordance with the objectives of the national project “Infrastructure for life” In Moscow, much attention is paid to the modernization of social and municipal infrastructure, including increasing the number of convenient public transport routes and updating the rolling stock. In addition, within the framework of the national project, Moscow has begun developing the Central Transport Hub. It will become a single circuit with regular suburban rail transport for more than 30 million residents of 11 regions of Russia.

    Since the beginning of the year, 29 ground transportation routes have been adjusted in Moscow and two new ones have been opened

    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/151720073/

    MIL OSI Russia News

  • MIL-OSI Russia: Applications are now being accepted for the children’s competition “Create a new Muscovite card”

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    The capital has begun accepting applications for the children’s drawing competition “Create a New Muscovite Card.” This was reported byDepartment of Information Technology. Participants will have to draw the heroes of famous Russian fairy tales and epics on the streets of Moscow. The author of the best work will go toStroganov Children’s Academy of Design, and his drawing will appear on Muscovite cards.

    Moscow schoolchildren aged seven to 14 years can take part in the competition. Applications are accepted until April 13 on a special page.

    “The last time the design of the Muscovite card changed was in 2018. Today, young city residents can create their own card design with their favorite fairy-tale characters. There is nothing more sincere than children’s drawings. We invite Moscow schoolchildren to show their creative talents and compete for the main prizes of the competition, and all voters to look at their hometown through the eyes of children,” said Ivan Buturlin, General Director of the State Unitary Enterprise “Moscow Social Register”.

    A parent or legal representative can apply for a child to participate in the competition. To do this, you need to log in to the competition page via Mos ID and fill out the form. You can send up to three drawings.

    The selection of competition entries will take place in several stages. First, the expert jury will select 30 drawings for the shortlist in each of two age groups: from seven to 10 years old and from 11 to 14 years old. Then, on the competition page and in the Active Citizen project, Muscovites will select 15 works in each age category that will make it to the final. Young Muscovites will also be able to vote for their favorites in the Active Citizen for Children project.

    The final stage will be voting, which will determine one Grand Prix winner, as well as winners of first, second and third places in each age group. Voting will take place in the Active Citizen project and on the Active Citizen for Children platform.

    The winners of the competition will have the opportunity to attend a tour and master classes inRussian State University of Art and Industry named after S.G. Stroganov, as well as memorable gifts from the art supply store. The winner of the Grand Prix will be able to study at the Stroganov Children’s Academy of Design, and a limited edition Muscovite card will be designed based on his/her competition illustration.

    The announcement of the results and the awarding of the winners will take place on June 1 in the Smart City pavilion at VDNKh. An exhibition of the finalists’ drawings will also open there. All the winners’ works will be published on the competition website and the Active Citizen project services.

    The Muscovite card with a unique design selected based on the results of the competition will be issued during the 2025/2026 academic year. It will be available for registration from August 1 on the mos.ru portal. It will be available to children up to and including 14 years of age who are receiving the card for the first time or are participants in the competition.

    The competition is being held by the Department of Information Technology with the support of the capital Department of Culture and the State Institution “New Management Technologies”.

    Muscovite card — one of the main social projects of the capital. It is issued to residents of Moscow and provides them with personal access to the city infrastructure. It can be obtained students schools and colleges, students, pensioners, people with disabilities, children and parents from large families andother categories of citizens.

    You can find out more about the map at telegram channel project, as well as from the mini-series “Moscow in digital”.

    How to get a Muscovite card

    You can apply for a Muscovite card on the mos.ru portal. This requires a standard or full account. Children over 14 can do this on their own, but for children under 14, a parent or other legal guardian must apply for the service.

    You can check the status of the card production in your personal account on the mos.ru portal in the “Applications and notifications” section, using the service “Checking the manufacturing status of the Muscovite card”, as well as by calling the hotline: 7 495 539⁠-55⁠-55 and in official groups on social networks “VKontakte” And“Classmates”.

    The card will be ready within 30 days from the date of application. Notification about the possibility of receiving it will be sent to your personal account on the mos.ru portal and by e-mail. Preschoolers over seven years old, school and college students can pick up the ready card at the educational institution. Those who are studying in private schools or outside Moscow, as well as other preferential categories of citizens – at the selected center of state services “My Documents”.

    Receipt of a Muscovite card for a student must be confirmed in the personal account on mos.ru within 90 days. In other cases, this is not required.

    The creation, development and operation of the e-government infrastructure, including the provision of mass socially significant services, as well as other services in electronic form, corresponds to the objectives of the national project “Data Economy and Digital Transformation of the State” and the regional project of the city of Moscow “Digital Public Administration”.

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    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/151801073/

    MIL OSI Russia News

  • MIL-OSI Russia: More broadcasts from the Moscow Zoo are now available on mos.ru

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    From March 26, during the zoo’s opening hours, users of the mos.ru portal will be able to see online what the Himalayan bears are doing on their walks, what the red panda is fed, and how the raccoons are having fun. Cameras are installed in the outdoor enclosures, and you can watch the video broadcasts daily.

    “With the launch of new broadcasts, more and more animals will become closer and more accessible to visitors of the mos.ru portal. You can watch our inhabitants during the zoo’s opening hours. Viewers can witness unique moments of feeding, games, training and social interaction between animals. This is not just an opportunity to watch rare and endangered species, but also a chance to immerse yourself in their world, understand the behavior and habits of animals,” said Svetlana Akulova, General Director of the Moscow Zoo.

    The broadcasts will allow you to observe for two Himalayan bears, female Fanya and male Vasya, living in the old territory of the zoo. They were taken from dealers at the end of 2022. The animals were in an extremely emaciated state, they were kept in cramped cages. Zoologists surrounded the clubfooted bears with round-the-clock care and developed an optimal diet for them. Gradually, the bears began to gain weight and recover. Now each of them lives in their own spacious enclosure. This year, Fanya went into hibernation for the first time in two years. Vasya needs more time to rebuild his biological rhythms; he did not sleep this winter.

    Nowadays, Himalayan bears are active during the daytime. In extreme cold or heat, the animals may go indoors.

    Thanks to the installed cameras it will be possible to observe andfor the red panda Ryzhik. The animal leads a predominantly crepuscular lifestyle. Ryzhik arrived in Moscow in the fall of 2015 from Poland. The male comes out of the house several times a day, mostly in the morning or early evening hours.

    Red pandas, also called fire foxes for their bright fur, are excellent tree climbers. However, they feed mainly on the ground. Although these animals are representatives of the order of predators, 95 percent of their diet consists of young leaves and bamboo shoots. The remaining five percent consists of various fruits, berries, mushrooms, bird eggs and even small rodents.

    Other inhabitants of the zoo, which can now be watched online on mos.ru, are: family of raccoons. This is Titi, a mother of many children, and her three children: Akim, Grusha, and the youngest, Shonya.

    There is a stream in the enclosure, in which the raccoons splash with visible pleasure, confirming their name. The animals are especially interested in the trees growing in the enclosure – the raccoons do not just climb them, they sleep high in the trees, curled up in a ball and from a distance resembling bird nests. There are many objects in their enclosure: ladders suspended between the trees, which the animals climb with pleasure, hollows in which they find many delicacies placed there by the zoo staff. In this way, the animals can use their abilities and demonstrate natural behavior when getting food.

    The Department of Information Technology added that video broadcasts are available to residents of the entire country. At the same time, users can not only watch their pets, but also learn more about the peculiarities of their life in their natural habitat.

    “Each animal on zoo.mos.ru has its own page, where you can not only watch a live broadcast from the enclosure, but also read interesting facts and get to know the animal better. Now the majority of visits are to the pages of everyone’s favorites – the little panda Katyusha and her parents Dindin and Zhui, the manul Timofey and the capybaras. You can watch the animals in real time from any device – a smartphone, tablet or computer,” said Boris Frolov, Deputy Head of the Department of Information Technology of the City of Moscow.

    Broadcasts from the Moscow Zoo enclosures have been launched on the mos.ru portal in the fall of 2024. Every day, visitors can observe the lives of the Pallas’s cat, giant pandas, lynxes, elephants, pygmy hippopotamuses, meerkats, honey badgers, capybaras and camelids, as well as gorillas and orangutans.

    Indian stingless bees appear at Moscow ZooSobyanin: Moscow Zoo takes first place in the world in species diversity

    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/151793073/

    MIL OSI Russia News

  • MIL-OSI China: Death toll rises to 18 as deadly wildfires rage in S. Korea’s southeastern region

    Source: China State Council Information Office

    The death toll rose to 18, with 19 others injured, as deadly wildfires continued to rage in South Korea’s southeastern region, government compilation showed Wednesday.

    Since last Friday, medium and large wildfires have broken out in six regions, especially in Gyeongsang province, affecting at least 17,534 hectares of land, according to the central disaster and safety countermeasures headquarters.

    Firefighters struggled to contain the rapidly spreading blazes, fueled by strong and dry winds.

    Of the wounded, six people suffered serious injuries.

    The number of affected buildings and structures, such as houses, factories and cultural assets, climbed to 209, while more than 26,000 people remained evacuated.

    The country’s forest service raised the wildfire crisis alert to the highest level while thousands of firefighters as well as helicopters and vehicles were mobilized to combat the wildfires.

    The military also deployed service members and helicopters to help fight the blazes. 

    MIL OSI China News

  • MIL-OSI Russia: Residential buildings and infrastructure within walking distance: what is being built within the framework of the KRT for the purposes of the renovation program

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    New neighborhoods will be created in the capital under the program of integrated development of territories (IDT). Investors and city operators plan to build 6.7 million square meters of housing for the purposes of the renovation program. This was reported by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “The integrated territorial development program has been in effect in the capital since 2020. It currently includes 302 KRT projects at various stages of development and implementation. Various real estate objects will be built under them. In particular, the area of residential development will be 37 million square meters, of which 6.7 million are intended for the purposes of the renovation program. This will also speed up the renovation program in 78 districts of the capital,” said Vladimir Efimov.

    For the purposes of the renovation program, the necessary infrastructure will be created within walking distance.

    “The KRT projects, which provide for the construction of housing for the purposes of the renovation program and other city needs, also provide for the construction of social facilities. Thus, along with residential buildings in the new microdistricts, it is planned to build 48 kindergartens, 39 schools and 11 medical facilities. The adjacent territories will be landscaped and improved, children’s and sports playgrounds will be installed, and new roads will be laid,” noted the Minister of the Moscow Government, Head of the Department of City Property

    Maxim Gaman.

    Thanks to the comprehensive transformation of the capital’s neighborhoods, Muscovites will receive not only modern housing, but also a high-quality urban environment.

    According to the Minister of the Moscow Government, Head of the Department of Urban Development Policy Vladislav Ovchinsky, within the framework of the KRT, residential complexes with a total area of about 4.3 million square meters will be built for the purposes of the renovation program. This will provide new housing for about 150 thousand Muscovites. Elevators will be installed in the entrances of the new buildings, rooms for concierges, rooms for strollers and bicycles will be equipped. The first floors will be made non-residential – in the future, social and household facilities will open there.

    According to the program of integrated development of territories, multifunctional city blocks are created, where roads, comfortable housing and all necessary infrastructure are designed on the site of former industrial zones and inefficiently used areas. Currently, 302 KRT projects with a total area of about 4.2 thousand hectares are at various stages of development and implementation in Moscow. This work is 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/151787073/

    MIL OSI Russia News

  • MIL-OSI Russia: Caring for the Elderly: Muscovites Do Good Deeds with Million Prizes

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Participants in the city loyalty program donated over 17.6 million rubles to help the elderly “A Million Prizes” since the moment this opportunity appeared on the program website.

    Muscovites willingly join charitable initiatives, because there are always those around us who sometimes need special attention and protection. By joint efforts, we can make their lives more comfortable, help solve everyday or medical issues. The funds go to the wards of the program partners – funds and non-profit organizations that provide support to the older generation. Among them is the Hospice Aid Fund “Faith”, funds “Old age is a joy” And “Memory of Generations”as well as other charitable organizations.

    Thanks to the help of caring citizens, food and care products (linen, disposable diapers, gels, protective creams) are delivered to needy grandparents, veterans, and people living in nursing homes and mental health care facilities. Glasses, glucometers, tonometers, hearing aids and much more are also purchased for the wards. The funds donated by Muscovites are used to open home care services, elderly people receive qualified medical care and nursing care in nursing homes and at home, and their loved ones receive the necessary support. The funds are also used to develop palliative care for the seriously ill.

    Targeted and reliable: how to help and give hope to those in need

    Even the busy schedule does not prevent people from showing compassion, supporting those who need special care, and showing an example of mercy. On the Million Prizes website, Muscovites can transfer from 500 to five thousand city (green) dollars in one click. points, received for participation in city electronic projects. The number of transfers is not limited. One point is equal to one ruble.

    To contribute to a good cause, you must log in to the site “A Million Prizes” using the login and password from your account on the mos.ru portal and go to the “Incentives” section. Here you should select the category “Charity”, the card of the required fund and click on the “Place an order” button. After this, the points will be debited from the user’s account, their cash equivalent will be sent to the fund.

    Transferring points is a simple and reliable way to provide targeted assistance to people who find themselves in a difficult life situation and need care and attention. Each participant in the city loyalty program can track their donation in the report on the website of the selected charity (you can go to a special page from the card on the Million Prizes website). It is enough to open the document for the required period and find the unique promo code that each user receives after transferring points. Reports are updated periodically.

    Users of the Million Prizes website regularly participate in charity initiatives. Thanks to the caring attitude of Muscovites, children with special needs and adults with serious illnesses receive the necessary support. Help is also provided to four-legged friends. About this mos.ru told earlier.

    “A Million Prizes” — a website where Muscovites can use city points to receive goods and services from more than 400 partner organizations. The loyalty program allows you to use accumulated points to receive discounts in stores, cafes and restaurants, purchase tickets to theaters and museums, as well as top up your Troika transport card and your parking account in the Parking of Russia app.

    The project is being developed by the State Institution “New Management Technologies” and Department of Information Technology of the City of Moscow.

    The creation, development and operation of the e-government infrastructure, including the provision of mass socially significant services, as well as other services in electronic form, corresponds to the objectives of the national project “Data Economy and Digital Transformation of the State”and the capital’s regional project “Digital Public Administration”.

    In addition, you can support children, adults, seniors, animals, environmental and scientific and educational projects with the help of charity service mos.ru.

    Sergei Sobyanin spoke about the largest volunteer projects involving Muscovites

    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/151799073/

    MIL OSI Russia News

  • MIL-OSI United Kingdom: Minister and cricketers face off in ‘Battle of the Buses’, as government pledges to get buses back on track through new bill

    Source: United Kingdom – Executive Government & Departments

    Press release

    Minister and cricketers face off in ‘Battle of the Buses’, as government pledges to get buses back on track through new bill

    We’re determined to ensure our bus services stay safe, inclusive and comfortable for all passengers.

    • Local Transport Minister took part in a precision time trial at First Bus’ ‘Battle of the Buses’, which saw participants learn more about the learner bus driver test
    • Simon Lightwood meets apprentice drivers and competes alongside Essex cricketers Matt Critchley and Paul Walters, to understand elements of the learner driver test
    • £1 billion investment and incoming Bus Services Bill set to boost local control and unlock transport links, getting the country moving to drive growth through our Plan for Change

    A ‘Battle of the Buses’ saw Local Transport Minister, Simon Lightwood, compete against pro cricketers to promote apprenticeships for the next generation of bus drivers, as the government accelerates journey to growth through our Plan for Change.

    Arranged by First Bus, one of the UK’s largest bus operators, the time trial event is designed to showcase the rigorous tests taken by learner bus drivers, emphasising the high skill level and rigorous standards expected of all staff.

    Minister Lightwood and pro-cricketers were put through their paces, tackling elements of the real-life driving test, including reversing, roundabouts and turning the bus without knocking over cones.

    Increasing opportunities for young people across the country is vital to drive up living standards and the government is supporting apprentices in the bus sector by including measures to enhance their training in the incoming Bus Services Bill.

    The event comes alongside £1 billion of investment to improve bus stop infrastructure, enhance bus service frequency and reliability and boost bus connectivity – and the incoming Bus Services Bill – which will deliver on the government’s Plan for Change by boosting local control of services, upskilling staff and better linking local people to job opportunities.

    The minister and Essex County cricketers, Paul Walter and Matt Critchley, were all scored on safety, speed, checking mirrors and using the correct turning signals. To understand the versatility required from learner drivers, they also took a 10-question theory test. Last week, the Rail Minister, Lord Peter Hendy, also took part in the challenge, alongside Essex Women’s cricketers, Eva Gray, Cordelia Griffith and Kelly Castle.

    Local Transport Minister, Simon Lightwood, said: 

    Today has been a fantastic opportunity to better understand the commitment and skill required of our incredible bus driver apprentices up and down the country.  

    As the future of the industry, we’re determined to provide apprentice drivers with the skills they need to deal with challenges facing the bus sector and to ensure our bus services stay safe, inclusive and comfortable for all passengers.

    Delivering better bus services will ensure people have proper access to jobs and opportunities, putting more money in their pockets and powering growth in every corner of the country.

    As part of the incoming Bus Services Bill, all bus staff will get mandatory training on improving women’s safety by responding to anti-social behaviour and incidents of violence against women and girls. The bill will be introduced in the House of Commons shortly and will support the government’s mission to keep our streets safe by also giving local authorities new powers to crack down on offenders.  

    The bill will also hand control to local leaders to operate bus services to deliver the reliability that local people deserve, whether they choose to emulate the achievements of Manchester’s Bee Network by taking operations fully in house or work closely with operators to improve bus services, which has had great success in Cornwall.  

    Piers Marlow, Managing Director of First Bus East of England, said:

    This is a fantastic and fun challenge for our partners at Essex County Cricket and the Department for Transport, but it also highlights the incredible skill required to be a bus driver.

    At First Bus, we place a huge emphasis on training to ensure our drivers are equipped with the expertise and confidence to navigate our roads safely and efficiently. Events like this help to showcase the professionalism of our drivers and the importance of ongoing development across the industry.

    Paul Walter, Essex County Cricket Club all-rounder, said:

    The Battle of the Buses challenge was a lot of fun. I didn’t realise how tough driving a bus would be, it felt like something out of Top Gear, with the leaderboard, obstacles and the First Bus Stig.

    We’re all naturally competitive and it’s always good to get one over a teammate. I also really enjoyed going head-to-head with Critch [Matt Critchley] and I understand that Kelly, Cordelia and Eva got on great.

    Thank you to First Bus for having us down for the day.

    A measure is also included to push ahead with a bright, new and clean future for the sector, by ending the use of new diesel and petrol buses on English bus services by 2030, heralding a green new era for buses across the country,

    The government is ensuring that industry bosses and local leaders have a voice by hosting panel sessions, the first of which took in Sheffield on 13 March 2025. This discussion considered how British manufacturing of new zero emission buses will grow our regional economies and drive up quality of life, as outlined in the Plan for Change.  

    Local authorities are also currently being supported with £1 billion in bus service improvement funding, including £17.8 million for Essex County Council to maintain and improve bus services and enhance infrastructure. They are expected to outline their full plans for the funding in due course.

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    Published 26 March 2025

    MIL OSI United Kingdom

  • MIL-OSI Australia: Interview with Peter Fegan, 4BC, Brisbance

    Source: Australian Parliamentary Secretary to the Minister for Industry

    Peter Fegan:

    It’s Labor’s $17 billion pledge. But is it enough to save the election? The Labor Party or the government has delivered its fourth Budget last night. Plenty of savings, but given the cost‑of‑living crisis, we’re in no position to bite the hand that could potentially feed us for the next 3 years, at least. Joining me on the line is the Treasurer, Jim Chalmers. Treasurer, it is always great to have your time on the programme.

    Jim Chalmers:

    Thanks for having me back on your show, Pete. Good morning.

    Fegan:

    $268 in tax cuts in the first year, which is 2026. That’s $538 in the second. You’ve conceded, Treasurer, that that is modest cuts. It equates to about $5 a week. You add in the Stage 3 tax cuts, that will be around $56 bucks a week. So, when you consider how much groceries, fuel, beer, health, childcare, aged care is; most Australians would say that $50 bucks doesn’t go very far at all.

    Chalmers:

    I understand that, Pete. I understand that there’s always an appetite to do more. My job is to make sure that we’re providing this cost‑of‑living relief in the most responsible way that we can. The tax cuts are an important part of that, that $50 a week in income taxes is all about helping people but so is strengthening Medicare because more bulk billing means less pressure on families.

    So are the energy rebates, the cheaper medicines, cutting student debt. There are a number of ways that we’re providing cost‑of‑living help in the Budget, but we’ve got to do that in the most responsible way. We know that there will always be calls to do more. We’re doing the most that we can afford to do for the time being.

    Fegan:

    Treasurer, I would argue what is missing from this Budget are tough decisions, serious structural reforms and addressing the elephant in the room. We know what that is, Treasurer. It’s spending. Now, there’s $40 billion set aside for decisions not yet announced. That means that the Prime Minister has another $40 billion up his sleeve to throw around during the election campaign. So, let’s just call this Budget what it is. It’s a Budget to win the election. Surely.

    Chalmers:

    I don’t agree with you, Pete. It’s a Budget to build the future and to help people with the cost of living and strengthen Medicare. Those are the 3 primary objectives of the Budget. It’s all about making our economy more resilient in the face of all this global economic uncertainty. That’s what’s motivated us here when it comes to this Budget.

    Now, when it comes to spending, about half of the new spending in the Budget is the tax cuts. A big proportion of the rest of it was already provisioned for in the mid‑year Budget update. We’ve been responsible, we’ve gone for what’s affordable and we’ve done that in the context where we have taken difficult decisions. There are billions of dollars in savings.

    There is much less debt this year in the Budget than when we came to office 3 years ago in terms of the $177 billion less debt this year. We are making good progress in the budget. We’re making especially good progress in the economy more broadly. We know that that doesn’t always immediately translate into how people are feeling and faring in the economy. That’s why the cost‑of‑living help is so important.

    Fegan:

    Migration. 260,000 new migrants will flood into Australia by the end of July, the majority of which will come into Australia. Now Treasurer, historically yes, migration does help fuel economy, we know that. But unfortunately, here in Australia we have a living crisis, we have a housing crisis.

    We have a major supply issue here in Queensland. You know that, you live in Logan. You know how bad supply is at the moment. Are you putting them up? Because I don’t know where 260,000 new migrants will go. I know that they’ll work. But we’re in a housing crisis. It doesn’t make sense to me.

    Chalmers:

    Two important things about that, Pete. Firstly, we’re investing $33 billion in building more homes.

    Fegan:

    But you haven’t built any yet though, Treasurer. That’s the issue. You haven’t built any new homes yet. That’s the big issue here. You can invest all your money, all the money you want. You can’t put them in camps until they’re built.

    Chalmers:

    We are building new homes. We’re making a very substantial investment in making sure that’s the case. Secondly, you refer to those migration numbers. Those migration numbers have actually been very substantially managed down from their peak after COVID. When Australia more or less shut down during COVID in the year or 2 after that, couple of years after that, there was a big rebound in the net overseas migration number spanning 2 governments.

    We’ve been able to manage that down to more normal levels. That is what you’re seeing in the budget. That number that you refer to is right, but it is much lower, very, very substantially lower than it was a couple of years ago.

    Fegan:

    Okay, Treasurer, this is an interesting one and I think all eyes will be on this when it comes to the election.

    Let’s talk energy.

    Okay, Treasurer, the Prime Minister and yourself and all your Ministers all maintain that energy prices are lower under a Labor government. So, why has the government, if that’s the case – if we are paying less for energy, why has the government spent $6.8 billion on energy subsidies to date? Is that not an abject failure of the last 3 years? And your energy policy, why give Australians another $150 bucks if, according to Labor, energy is affordable? I don’t understand it. I mean, if it is affordable, I don’t need the $150 bucks.

    Chalmers:

    This is another important way that we’re helping people with the cost of living. We know that in the last year in the official inflation data, we were able to get electricity prices down. That’s a good thing. That’s been a combination of rebates, but also the efforts that we’re making to introduce more cleaner and cheaper energy into the system.

    If you think about the independent experts from a body called AEMO, what they talk about is what’s pushing electricity prices up is actually the old parts of the system, the traditional parts of the system, becoming less and less reliable.

    We’re providing these energy rebates in the near term to take some of the sting out of these electricity bills while people are under cost‑of‑living pressure. At the same time, we’re introducing more cleaner and cheaper, more reliable energy into the system because that’s the best way to put downward pressure on energy prices over the medium and long term.

    Fegan:

    Yeah, there’s no. But there’s no funding for green energy. There’s no funding for net zero.

    Chalmers:

    That’s not true, Pete.

    Fegan:

    Well, there’s no extra funding. Is there, in this Budget? Is there extra investment in –

    Chalmers:

    Yeah, there’s some extra investment out of an innovation.

    Fegan:

    How much?

    Chalmers:

    For about one and a half billion, I think from memory.

    Fegan:

    But it’s not in Budget. Is it in Budget papers released?

    Chalmers:

    Yeah, it’s in the Budget papers. We’ve also recapitalised the Clean Energy Finance Corporation because that’s playing an important role as well, financing cleaner and cheaper energy.

    I accept your broader point. Electricity prices are a pressure on family budgets we’re seeing around the world. We’re not immune from that. The energy bill rebates are an important, responsible way that we take some of the edge off that while we introduce more cleaner and cheaper, and more reliable energy into the system.

    Fegan:

    Treasurer, why should Australians trust Anthony Albanese and Jim Chalmers for another 3 years?

    Chalmers:

    I think after the Coalition’s brain explosion on tax last night, the choice at the election is becoming absolutely crystal clear now. We’re helping people as a Labor government with the cost of living by cutting their taxes. Peter Dutton has an agenda of secret cuts which will make people worse off. Now, Peter Dutton wants to cut everything except people’s taxes, and that’s really the contest which was set up last night when Angus Taylor, quite bizarrely, said that he would oppose our cost‑of‑living help.

    What we’ve seen over the course of the last 3 years is every time we’ve tried to help people with the cost of living, our opponents have opposed that. Peter Dutton and Angus Taylor have both said the best predictor of future performance is past performance. They have opposed cost‑of‑living help; they’re opposing these cost‑of‑living tax cuts in the Budget last night.

    I think that sets up a very clear choice. If people want a Labor government helping with the cost of living, managing the budget responsibly, investing in building Australia’s future, they can choose that over Peter Dutton, who has secret cuts which will make people worse off, and that’s because he wants to cut everything except taxes.

    Fegan:

    Do you accept that Australians don’t trust you?

    Chalmers:

    I don’t necessarily accept that, Pete. I mean, that’s a judgement for people to make. I understand that, and it’s something that journalists and commentators can speculate about. What we did last night was keep faith with the Australian people and do justice to the progress and the sacrifices that they have made. Together as Australians, we’ve made a lot of progress in our economy. We’ve got –

    Fegan:

    But a trillion dollars in debt. A trillion dollars, though, Treasurer?

    Chalmers:

    It’s $177 billion this year lower than what it was when we came to office for this year. That’s a really important thing. You will read a lot of stuff in the papers about debt and deficits. Don’t forget, we delivered 2 surpluses, we shrunk the deficit, we got the debt down, we’re saving on interest costs.

    Fegan:

    But it’s still a trillion dollars. You grilled the former government on this. It’s still a trillion dollars. And I know it’s not all your fault, but it’s a trillion dollars. We’ve got kids that need to buy homes in 20 years’ time.

    Chalmers:

    That’s why we’re investing substantially in housing, $33 billion program. On the debt, don’t forget, we would have already had a trillion dollars of debt under our opponents. It’s $177 billion lower this year. I think that’s too easily dismissed and diminished the progress we’ve made in the budget. Same goes for the progress we made in the economy together as Australians.

    As I was saying a moment ago, we’ve got growth rebounding solidly in our economy: inflation down, real wages up, unemployment is low, interest rates have started to be cut, we’ve got the debt down. This is good progress, and we would be crazy to interrupt that progress with Peter Dutton’s secret cuts which would make Australians worse off.

    Fegan:

    What’s happening with the Coalition at the moment, Treasurer? Seems to be some rumblings. I hear or see reports yesterday that Peter Dutton had to lay down the law, that David Littleproud got pretty fired up.

    Chalmers:

    Yeah, they got fired up because basically the Coalition members and senators are forming an orderly queue to say that Angus Taylor’s not up to the job. It’s quite bizarre that Angus Taylor’s asking Australians to take him seriously when his own colleagues don’t. He’s been found out and he’s been found wanting.

    I think genuinely, it was a proper brain explosion we saw last night when he said, at a time when people are under cost‑of‑living pressures, they won’t support our tax cuts to help people meet the cost of living. I think that was a bizarre decision. I think it will come back to haunt him, and I think his colleagues will have a view about it behind the scenes.

    Fegan:

    Treasurer, you’re on the front page of every paper today, but can I just say congratulations to you because you are drinking out of a Brisbane Broncos mug. How good is that?

    Chalmers:

    I get a bit of feedback about that. Mostly from Dolphins, mostly from people –

    Fegan:

    Well, do you know what? You’re still a staunch. You’re still a staunch Bronco supporter. Right?

    Chalmers:

    Pick and stick. Absolutely.

    Fegan:

    Thank you.

    Chalmers:

    Broncos until I die, Pete.

    Fegan:

    Because I see that Peter Dutton has changed his tune a little bit. He’s now, well, Dolphins is in his electorate. A little bit of his electorate. Well, I don’t know.

    Chalmers:

    Right. I’m not sure about that. In fairness to him, I’m not sure about that. I’m certainly, I will always be a very enthusiastic supporter of the Brisbane Broncos. I still remember their first game in the comp in 1988 as a little tacker. I’m looking forward to watching the Battle of Brisbane on Friday night. Always a good contest.

    Fegan:

    Go the Broncos. Yeah, exactly. Go the Broncos. Good on you, Treasurer. Great to have your company this morning.

    Chalmers:

    Nice to talk to you again, Pete. All the best.

    Fegan:

    There he is, the Treasurer, Jim Chalmers.

    MIL OSI News

  • MIL-OSI Australia: Regional Ministerial Budget Statement 2025-26

    Source: Workplace Gender Equality Agency

    On behalf of the Albanese Labor Government, I’m proud to deliver our fourth Regional Ministerial Budget Statement.

    I’d like to acknowledge the traditional custodians of where we are today, and pay my respects to their Elders past, present and emerging.

    Mr Speaker, across our first term in Government, our message to regional Australians has been loud and clear – your postcode shouldn’t be a barrier.

    Just because you grow up in Bega on the NSW Far South Coast, or in Gladstone in Central Queensland, and just because you live at Mount Gambier in regional South Australia, or in the Pilbara Region in outback WA – doesn’t mean that the services, and the opportunities available to you should be second best.

    I say this as a proud regional Member of this place, and on behalf of my fantastic regional colleagues here with me today. 

    I say this as someone that’s always lived in our regions – from Traralgon in regional Victoria, to Merimbula on the NSW Far South Coast – where I watched my parents work hard every day to build a small business, and to provide our family with a better life.

    A regional community where I myself now run a small business with my husband, and where we’re raising our kids.

    And I say this as someone that’s had the privilege of spending a lot of time talking to regional people across Australia – both as the Member for the Mighty Eden-Monaro, and as Minister for Regional Development, Local Government and Territories.

    From the Hunter region in NSW, Caboolture in regional Queensland, Devonport in Tasmania – to communities across the 42,000 square kilometres in my electorate.

    Regional Australia is a great place to live, work, study, visit and invest – and I wouldn’t live anywhere else.

    Our regions generate a third of the nation’s economic output, and there’s so many opportunities that our Government wants to take advantage of.

    But you’d be living under a rock if you said life outside of our big cities doesn’t come without its unique challenges – it absolutely does. 

    Unlike those opposite though, on this side of the House we’re not shying away from that.

    I’m proud to be part of a Government that across its first term, has delivered record investments to improve the reliability and the accessibility of critical services that regional people rely on.

    To support more regional people to work and train closer to home – because you shouldn’t have to pack your bags to build your career. 

    To build more things in our own backyard, investing in the hard-work and know-how of regional people.

    To give regional Australians more support to buy or rent a home.

    To support local businesses and local economies to grow – with small businesses in particular the backbone of our regions.

    To ensure the local roads we drive every day to drop the kids off at school and to get to work, are safe, and keep pace with growing communities.

    To improve our major highways linking our cities to our regions, so more visitors support our local businesses, and experience everything we have to offer.

    To keep our regions connected and better prepared for natural disasters – something many regional communities, including across Eden-Monaro, have needed to rebuild from.

    And most importantly, to relieve immediate pressures on regional families and businesses.

    Which let’s not forget, those opposite talk a big game on – despite opposing every single cost of living measure to date, and committing to tearing apart every measure that’ll support regional Australians into the future.

    Because while we’re delivering record investments to Build Regional Australia’s Future, the wreckers opposite are determined to leave regional communities which aren’t the right colour on their spreadsheets behind.

    The Albanese Government is delivering better outcomes for every regional community – because we’re addressing the challenges, harnessing the opportunities, and taking the needs of our regions seriously. 

    Through our Regional Investment Framework, we’re ensuring targeted investments support regional people, the places they live, the services they need, and the industries that stimulate local economies.

    With investments through the 2025-26 Budget building on everything we’ve delivered across our first term. 

    Our number one priority has been easing pressures faced by regional families and businesses today, while supporting more work, training and economic opportunities outside of our big cites. 

    We’ve delivered tax cuts for every regional taxpayer – a huge impact for taxpayers in my own electorate of Eden-Monaro, putting an average of $1,633 back into their pockets, with another two tax cuts on the way – something those opposite just voted against.

    We’ve delivered $300 in Energy Bill Relief to millions of households and $325 to small businesses, along with cheaper childcare and cheaper medicines.

    We’ve cut $3 billion in student debt, with a further 20 per cent to be cut if we’re re-elected.

    And we’ve supported over 127,000 free TAFE places in our regions – from construction courses to childcare.

    We’re getting more people into industries screaming out for workers, after those opposite gutted the vocational education system during their failed decade.

    We’ve introduced legislation to make free TAFE permanent – something those opposite have said they’ll repeal, because as the Deputy Leader of the Opposition said in this very chamber – “if you don’t pay for it, you don’t value it.”

    But I want my kids and every regional person to know – your postcode and your bank balance shouldn’t limit your potential.

    Through this Budget we’ll provide additional cost-of-living relief, along with increased investments to remove study barriers.

    $1.8 billion to provide all households, and around one million small businesses, with an additional $150 in Energy Bill Relief.

    $800 million to expand our Help to Buy scheme to support more people get into their own home – including in our regions.

    This builds on the 32,000 regional Australians we’ve already helped into home ownership, through the Regional Home Guarantee.

    $626.9 million to support $10,000 incentive payments for construction sector apprentices – with $7.0 million to increase the Living Away from Home Allowance for apprentices.

    As an operator of a small plumbing business that hires apprentices, and having recently spent time with bricklaying apprentices at Queanbeyan – I know that every cent counts when you’re starting out, especially when you’re living away from home.

    That’s why we’re boosting apprentice wages and easing cost-of-living pressures – because we value their hard work, and we know that building this workforce is essential to delivering more regional homes.

    My mum, dad, brother, sister and husband all went to TAFE, which is why I’m incredibly proud to be part of a Government that’s strengthening the sector – and ensuring more regional people can build a better future. 

    Through this Budget, we’re delivering $407.5 million to states and territories, as part of the Better and Fairer Schools Agreement.

    Record funding to give our teachers, including in our regional schools, more support – to lift education standards, and to better support students from kindergarten through to year 12. 

    And if you want to go onto further study, existing investments like the 56 Regional University Study Hubs we’re delivering – from Port Augusta in South Australia, to Goulburn in my own electorate – will mean you don’t have to leave the region you love.

    A further $33.6 million will also flow to the Clontarf Foundation to support up to 12,500 First Nations boys and young men access better education support.

    We’re delivering record investments to continue improving the affordability and accessibility of regional healthcare – because when you need to see the doctor, and when you need to buy your script, your street address and wallet shouldn’t stop you. 

    We’ve already delivered $3.5 billion to triple the bulk billing incentive, supporting over 2.4 million additional claims across regional Australia.

    Through this Budget, we’re investing an additional $7.9 billion to deliver more bulk billing to all Australians, including in our regions.

    Having delivered the largest cut to the cost of medicines in the history of the Pharmaceutical Benefits Scheme, we’re now making cheaper medicines even cheaper.

    $689 million to bring a PBS script down to $25, keeping more money in the hip pockets of regional Australians – with our pensioners and concession cardholders to continue paying $7.70 for PBS medicines until 2030.

    $792.9 million to deliver more choice, lower costs and better health care for women – including the first PBS listing for new oral contraceptive pills in more than 30 years.

    Along with more bulk billing for long-term contraceptives, more endometriosis and pelvic pain clinics to treat more conditions, and more Medicare support for women experiencing menopause. 

    Regional health and aged care were left in crisis under those opposite – a mess the Albanese Government has been cleaning up from day one.

    We’ve delivered $17.7 billion to fund increases to the minimum award wage for aged care workers – to not only support and retain these critical workers – but to ensure that our loved ones get the care they need, as they get older.

    We’re delivering an additional $1.8 billion to strengthen our public hospitals and to reduce waiting times across Australia, bringing our hospital funding to a record $33.9 billion in 2025-26.

    We’ve also increased the number of regional GP training places, along with waiving HECS for doctors and nurses that work in our regions – getting more skilled workers where we need them most.

    Through this Budget, we’re investing $662.6 million to grow our health workforce.

    There will be hundreds more GP and rural generalist training places to grow the pipeline of future GPs – with fairer salary incentives for junior doctors who choose general practice as their specialty.

    100 more Commonwealth Supported Places for medical students a year from 2026, increasing to 150 more a year by 2028 – with a focus on encouraging students to pursue general practice in our regions.

    And hundreds of scholarships for nurses and midwives, to help meet our current and future demands.

    A re-elected Albanese Government will deliver another 50 Medicare Urgent Care Clinics across Australia, from Burnie in Tasmania, to Bega in my own electorate – with our $644.3 million investment.

    This builds on the 87 Medicare Urgent Care Clinics we’ve already delivered, which are making a huge difference.

    With 48 of these 137 clinics to be in our regions– from Broome in Western Australia, Townsville in Queensland, to Tamworth in New South Wales.

    The Urgent Care Clinic we delivered in Queanbeyan has already supported over 7,000 fully bulk billed presentations.

    Rusty, a local constituent of mine told me about the huge difference it made for him, when he had an infection.

    He walked right into the clinic and received the help he needed, for free – a service that’s also supported his children and grandchildren.

    As Rusty said, this type of clinic is critical to taking pressure off our hospitals – as we continue to rebuild the health sector.

    But regional services like this will cease to exist under those opposite, because you only have to look at the billions cut from Medicare by the Leader of the Opposition when he was Health Minister, to know their only plan for Medicare is cuts.

    No government has done more for regional services than the Albanese Government – but healthcare wasn’t the only service completely abandoned during the wasted decade by those opposite.

    We’re already investing $2.2 billion to strengthen regional communications, particularly in disaster-prone areas – after programs like the Mobile Black Spot Program were pork-barrelled by those opposite.

    Through our record investments in the NBN, we’ve fixed half of some streets being stuck on the unreliable copper network they rolled out, including just 15 minutes down the road at Jerrabomberra.

    Because it actually takes a little bit more than a string and a can to run a small business, and to work and study from home.

    In this Budget, we’re providing an additional $3.0 billion in equity funding to NBN Co to complete upgrades for all remaining Fibre to the Node premises, including connecting an additional 334,000 regional premises to high speed internet.

    A service that we can’t forget, would be sold off to the highest bidder under those opposite.

    We’re also introducing a Universal Outdoor Mobile Obligation – requiring telcos to provide access to mobile voice and SMS almost everywhere across Australia – which will have huge benefits for regional and remote communities, particularly during emergencies and disasters. 

    Natural disasters are something my own electorate of Eden-Monaro has felt deeply, which is why I’m proud the National Emergency Management Agency that we launched continues to support regional communities – most recently in Queensland and NSW during Ex-Tropical Cyclone Alfred.

    That’s on top of our $1 billion Disaster Ready Fund continuing to support regional communities to be better prepared.

    And our additional $35 million investment to boost our national aerial fleet – giving regional communities more emergency support when they need it most.

    But it’s not just during disasters when our regions need reliable aviation.

    Despite the Leader of the Nationals in the Senate telling Sky News just last week that the Opposition had been fighting for a more competitive aviation sector – the reality is they’ve sat idle at the departure gate. 

    Those opposite did nothing with the Sydney Airports Slot Review handed to them in 2021 – something we’ve responded to with our Aviation White Paper.

    And they’ve said that keeping Rex Airlines’ regional routes operating during the voluntary administration process is sabotaging the sale process.

    I’m proud the Albanese Government has kept Rex’s regional flights in the air, with an $80 million loan facility to Rex Administrators, and additional support to reduce the debt Rex owes.

    Because for regional communities like mine, these flights are critical to our local economy, accessing important health services, and for getting around.

    The reality of living in our regions is we need to travel longer for some services, which is why we’ll continue standing up for a strong regional aviation sector.

    But travelling by car is generally how we get around, which is why we’ve already increased local road funding for every council.

    Roads to Recovery funding is going up from $500 million to $1 billion per year, road Black Spot funding increasing to $150 million per year, we’ve launched our $200 million per year Safer Local Roads and Infrastructure Program – and we’ve continued investing in major transport projects.

    Because every local community should have confidence in the roads they’re driving on.

    In his Budget reply last year, the Leader of the Nationals said those opposite would deliver the strong infrastructure funding pipeline that our regional communities need. 

    But let’s not forget, they were responsible for an infrastructure pipeline that below out from 150 projects to 800 projects, without a single dollar extra being added to the Budget, and without the delivery. 

    Regional communities deserve better than promises in press release with no follow through, which is why we continue to deliver critical projects to Build Regional Australia’s Future.

    Funding through this Budget includes $7.2 billion for Bruce Highway safety upgrades in Queensland, $200 million towards duplicating the Stuart Highway from Darwin to Katherine.

    $40 million for the Main South Road Upgrade in South Australia, and $1.1 billion towards upgrades along the Western Freeway in Victoria.

    After colour-coded spreadsheets from those opposite, we’ve delivered on our commitment to establish transparent grant programs that every postcode can apply for.

    Our $600 million Growing Regions Program is already supporting 112 projects, with 29 projects supported under our $400 million Regional Precincts and Partnerships Program so far. 

    I had the pleasure of visiting Wagga’s Lake Albert – one of this region’s most popular recreational sites, which will be completely transformed thanks to $4.4 million in Growing Regions Funding.

    Projects like this are making our regions better places to live, to work and to invest – but having more housing to attract and retain workers is something every community tells me they need.

    We’ve already committed $32 billion in housing measures, including over 13,000 homes nationally under the first round of our Housing Australia Future Fund – many of these in our regions.

    That’s more than those opposite delivered in an entire decade – when they had no plan for building, and their only idea for turning more keys was letting people raid their super for a deposit. 

    To their credit, they’ve now said they’ll fund enabling infrastructure – labelling this a fantastic idea.

    So fantastic, we’re already doing it – through our $1.5 billion Housing Support Program.

    Including $27.2 million to support upgrading Marulan’s sewage treatment in the Mighty Eden-Monaro – laying the foundations for more housing.

    Through this Budget, we’re delivering $54 million to turbocharge advanced manufacturing of prefabricated and modular homes, getting more homes into our regions where we need them most – lifting our total housing commitments to $33 billion. 

    More housing is a key part of how we’re Building Regional Australia’s Future, as is supporting our regional businesses and regional economies to grow.

    Under those opposite, car manufacturers left our shores, leaving our regional people behind. 

    But Labor has always had the back of regional manufacturing, and we’ve shown that again with our new investment of $2.4 billion with the South Australian Government to save the Whyalla Steelworks.

    Supporting 1,100 direct workers, and encouraging more investment into Australian made steel. 

    This builds on our existing $22.7 billion Future Made in Australia agenda, ensuring we build more in our own backyard – which includes over $500 million to boost Australia’s battery manufacturing capabilities, and $1 billion to supercharge the production of solar panels in our regions.

    Our investments are putting regional communities at the centre of industries of the future – unlocking more secure and well-paid regional jobs, and ensuring that we train and retrain regional workforces.

    This includes $38.2 million to boost the diversity of our STEM workforce, with a focus on supporting more women secure jobs in these critical industries.

    Through this Budget, we’re delivering further investments to Build Regional Australia’s Future – by leveraging the competitive advantages that come with our vast energy resources, world-leading agricultural sector, and regional innovation.

    $250.0 million to accelerate the pace of Australia’s growing domestic Low Carbon Liquid Fuels industry – helping to drive economic growth and jobs in regional areas.

    $1.0 billion under our Green Iron Investment Fund to boost green iron manufacturing in our regions.

    This builds on our existing commitment of $2.0 billion to support aluminium smelters transition to renewables – in places like Portland in Victoria, Tomago in NSW, and in Queensland’s Gladstone region.

    From our factories to our fields, we’re backing our regions – with $11.0 million to tackle established pests and weeds in our agriculture and forestry sectors – keeping them productive

    An additional $20 million for a new round of the On Farm Connectivity Program so farmers can use the latest technology to make their work more efficient.  

    And $20.0 million to encourage more Australians to buy Australian-made products, which will have huge benefits for regional economies – because so much of what we love and rely on comes from our regions.

    In his Budget reply last year, the Leader of the Nationals said the Opposition will take decisive action to give regional Australians a fair go.

    But all we’ve seen since then is those opposite continue to vote against every single cost of living measure, while petrifying regional communities with their Nuclear thought bubble.

    An idea that was announced with zero consultation, and most importantly – one that will deliver zero savings for regional Australians and their power bills. 

    Since my last Regional Budget Statement, the Albanese Government has continued to relieve pressures on regional families and businesses, while improving access to the services and support regional people rely on – regardless of their postcode.

    Through our 2025-26 Budget we’re delivering more energy bill relief, making cheaper medicines even cheaper, and providing extra support to get more regional Australians into their own home.

    We’re strengthening Medicare and expanding regional health services, delivering further investments to boost regional connectivity, and investing in more support to help build workforces in our in-demand sectors.

    That’s because only the Albanese Government is serious about Building Regional Australia’s Future.

    MIL OSI News

  • MIL-OSI: GAM announces 2024 full year results

    Source: GlobeNewswire (MIL-OSI)

    26 March 2025

    PRESS RELEASE

    Ad hoc announcement pursuant to Art. 53 Listing Rules:

    GAM announces 2024 full year results

    Strong progress in implementing turnaround strategy. GAM continues to target profitability in fiscal year 2026.

    Financial Highlights for Full Year 2024

    • IFRS net loss of CHF 70.9 million compared to CHF 82.1 million for FY 2023.
    • Underlying loss before tax of CHF 66.8 million compared to CHF 49.5 million for FY 2023.
    • AuM at CHF 16.3 billion compared to CHF 19.3 billion as at 31 December 2023.
    • Cost optimisation initiatives across the business resulted in a 20% decrease in underlying expenses compared to FY 2023. The full impact of these cost optimisation initiatives will be reflected in FY 2025 and beyond.
    • Successful CHF 100 million rights issue completed in November 2024, which resulted in our anchor shareholder, NJJ Holding SAS (through its holding in Rock Investment SAS (“Rock”)) becoming our majority shareholder.
    • The maturity of the existing CHF 100 million Rock loan facility has been extended until 31 December 2027.
    • GAM is now a highly scalable pure investment platform with strong global distribution capabilities focusing on three core areas to drive sustainable growth and profitability: Specialist Active Investing, Alternative Investing and Wealth Management.
    • GAM continues to target profitability in fiscal year 2026.

    Strategic Highlights

    • Launched GAM Alternatives, providing access to in-house and third-party alternative managers focusing on absolute return strategies and best-in-class talent.
    • A new, high performing and successful European Equity team joins GAM in 2025.
    • Partnering with Sun Hung Kai & Co. Ltd to drive growth and enhance our distribution capabilities across Greater China including Hong Kong, mainland China, Taiwan, and Macau.
    • In 2025, GAM will continue to partner with best-in-class external managers, to include the development of new products and the distribution of their own existing products to GAM clients.

    Elmar Zumbuehl, Group CEO at GAM said: “We have made strong progress in implementing GAM’s turnaround strategy and have now evolved into being a pure play investment management firm, but we are not finished yet. The cost optimisation initiatives implemented in 2024 will yield their full benefit in 2025 and beyond. While we stay focused on further cost optimisation, our main emphasis is growing our AuM and revenues as we continue our turnaround. With an unwavering commitment to our clients, and an expanding suite of innovative and distinctive products, we continue to build positive momentum and strengthen our market position. Backed by our majority shareholder, we continue to target profitability in fiscal year 2026 and remain focussed on delivering for our clients and all our stakeholders.”

    Summary Financials

    In 2024, we reported IFRS net loss after tax of CHF 70.9 million, compared with an IFRS net loss after tax of CHF 82.1 million in 2023. The loss in 2024 was mainly driven by the underlying net loss after tax of CHF 66.9 million.

    Please refer to the ‘Financial Results for FY 2024’ section later in this press release for full information.

    Financial Strength

    In November 2024, GAM completed its CHF 100 million fully underwritten ordinary capital increase by way of a rights issue to support the implementation of GAM’s strategy and provide long-term financial stability. Given Rock’s underwriting commitment, NJJ Holding SA (indirectly) is now the majority shareholder of GAM following the rights issue.

    The existing CHF 100 million Rock loan facility remains in place with its maturity extended to 31 December 2027.

    Strategy Update

    GAM’s strategy is designed to achieve sustainable growth and profitability by delivering best possible investment performance and exemplary service for our clients by focusing on our Investment and Wealth Management capabilities. The four pillars of our strategy remain:

    • Focusing on clients in existing core markets;
    • Amplifying and growing core active equity, fixed income and multi-asset strategies by investing in talent and product ideas;
    • Diversifying into new investment product areas and our Wealth Management offering by leveraging GAM’s heritage in active management, building strategic partnerships, and its alternatives and hedge funds platform; and
    • Enhancing effectiveness by reducing complexity.

    GAM is now focusing exclusively on its Investment (Specialist Active and Alternatives) and Wealth Management businesses, expanding its distribution reach and capabilities, amplifying its core active strategies, and diversifying into new product areas, including building out our higher margin alternatives capabilities.

    We have made strong progress throughout 2024 on our four-pillar strategy to transform GAM into a focused, client-centric, and profitable business.

    Focusing on clients

    Focusing on our clients in our existing core markets has been the most important way to rebuild GAM. In key markets where we have clients, but lack scalable distribution, we have, and will continue to, add partnerships to support our growth strategy and provide a broader range of client’s access to unparalleled investment expertise, opportunities, and exceptional outcomes across specialist active and alternative investment strategies.

    We established a strategic alliance with Sun Hung Kai & Co. Ltd. to grow our client base, distribute our products, and innovate our alternatives offering across the Greater China region, including Hong Kong, mainland China, Taiwan, and Macau.

    We have also enhanced our regional presence and client coverage by hiring new Heads of Distribution across Switzerland, Germany, Austria, Iberia, the UK, Australia, New Zealand, and France to drive our local market presence. This significant investment into our client facing teams will enable GAM to provide clients with excellent local contacts, strong relationship management and access to unparalleled investment expertise targeting exceptional outcomes.

    We additionally expanded our client reach through opening a second US office in Miami to cover the US international and Latin American markets and we are close to gaining customary approvals to open our planned branches in Paris and Milan.

    Amplifying and growing core active equity, fixed income, and multi-asset strategies by investing in talent and product ideas

    We are enhancing our capabilities by recruiting first-class investment talent in alternatives, systematic and equities teams.

    We have established a multi-asset centre of excellence in a global team to optimise all our multi-asset investment capabilities, enhance client outcomes, and align with evolving market dynamics and client needs. The high quality and excellent performance of this team will allow GAM to grow its wealth management business.

    In February 2025, we announced the hiring of three high performing and successful European Equity team members from Janus Henderson Investors. These strategic hires underscore GAM’s steadfast dedication to providing clients with access to unparalleled investment expertise and exceptional outcomes. The team brings extensive experience, having managed over EUR 6.5 billion in European Equity funds on behalf of institutional and retail clients globally.

    In addition, we have strengthened our sustainability and stewardship practices, meeting the principles of the UK and Swiss Stewardship Codes. Today GAM released its 2024 Sustainability Report which is available at www.gam.com

    Diversifying into new investment products while expanding the wealth management offering by leveraging GAM’s heritage in active management, strategic partnerships, and its alternatives and hedge funds platform

    Randel Freeman joined GAM in 2024 as Co-head / Co-CIO of GAM Alternatives to build out our alternative investments platform to meet growing investor demand with differentiated offerings. In addition, in 2025, we hired two senior sales specialists with deep experience in Alternatives distribution.

    In 2024, we launched GAM funds to introduce and distribute Avenue Capital’s Sports Opportunities fund, plus partnered with Arcus Investment to distribute their Japanese long/short equities fund. GAM also partnered with world leading Trafigura Group’s subsidiary Galena Asset Management to manage the GAM Commodities fund providing best-in-class sector expertise. This provides our clients access to exclusive and attractive commodity investment opportunities.

    We are launching the GAM LSA Private Shares strategy in Europe to provide access for European clients to this award-winning evergreen, late-stage private equity fund.

    Throughout 2025, GAM will be assessing M&A opportunities to enhance existing offerings, attracting best-in-class long-term strategic partnerships, and recruiting top talent to our core business areas globally.

    Enhancing effectiveness by reducing complexity

    Following the transfer of our fund services business for third-party funds we also successfully transitioned our Luxembourg, Irish and Swiss fund management company (ManCo) activities to Apex Group and 1741 Group in Q4 2024. In addition, we consolidated our operations onto our cloud based SimCorp investment management platform. GAM now operates on a global platform that delivers operational efficiencies.

    These implementations pave the way to a much less complex operating model underpinning and delivering best outcomes for our clients.

    GAM is now a highly scalable global investment platform with strong global distribution capabilities focusing on three core areas to drive sustainable growth and profitability: Specialist Active Investing, Alternative Investing and Wealth Management.

    Business Areas

    GAM Investments is focused on three core business areas to drive sustainable growth and profitability:

    • GAM Specialist Active: Deep expertise, experience and specialisms unlocking core and niche returns in equities, fixed income, and multi-asset investing;
    • GAM Alternatives: Access to in-house and third-party alternative investment managers focusing on absolute return strategies and best-in-class talent; and
    • GAM Wealth Management: Multi-asset solutions with tailored portfolios for high-net-worth individuals, charities and trusts, utilising best-of-breed GAM and third-party products.

    These three core business areas share and benefit from GAM’s global platform and agile operating model and modern technology.

    Investment Performance

    GAM has continued to deliver strong overall investment performance across our diverse and distinctive products, with 64% of assets under management (AuM) outperforming their three-year benchmark and 89% outperforming their five-year benchmark, as at 31 December 2024. Despite some weaker short-term performance in equities, the longer-term 5-year performance remains strong.

    Percentage of GAM Fund AuM Outperforming Benchmark

        3 years 3 years 5 years 5 years
    Business Area Asset Class 31 Dec 2024 31 Dec 2023 31 Dec 2024 31 Dec 2023
    Specialist Active Fixed income 94% 98% 95% 91%
    Specialist Active Equity 1% 39% 79% 59%
    Alternatives Alternatives 60% 73% 75% 96%
    Total   64% 78% 89% 81%

    % of AuM in funds outperforming their benchmark (excluding mandates and segregated accounts) across our business areas. Three- and five-year investment performance based on applicable AuM of CHF 9.0 billion and CHF 9.0 billion, respectively.

    Compared to our peer group performance remained strong, 66% of AuM outperformed their three-year Morningstar peer group and 82% outperformed their five-year Morningstar peer group, as at 31 December 2024.

    Percentage of GAM Fund AuM Outperforming Morningstar Peer Group

        3 years 3 years 5 years 5 years
    Business Area Asset Class 31 Dec 2024 31 Dec 2023 31 Dec 2024 31 Dec 2023
    Specialist Active Fixed income 61% 53% 60% 50%
    Specialist Active Equity 20% 51% 89% 89%
    Alternatives Alternatives 91% 89% 95% 96%
    Total   66% 66% 82% 76%

    GAM continues to be recognised for its investment performance, including having been awarded the overall best European small group 2025 by Lipper. Four GAM funds (including two funds of our Swiss Equity strategy) won Lipper’s 2025 top performance awards across multiple countries. For the second time, at the Citywire Investment Performance Awards, GAM Multi-asset won the Best Large Firm Award. GAM won the Wealth Management PAM 2024 award for its growth portfolios. GAM’s Sustainable Climate Bond strategy won and was chosen as the best ESG Investment Fund in the Green, Social and Sustainability Bonds category at the ESG Investing Awards 2024. For further details on these and other awards please visit http://www.gam.com/awards.

    Assets Under Management and Net Flows by Business Area

    Total AuM were CHF 16.3 billion as at 31 December 2024, compared to CHF 19.3 billion as at 31 December 2023. Net outflows of CHF 4.4 billion were partially offset by positive market and foreign exchange movements of CHF 2.0 billion.

    Business Area Opening AuM
    1 Jan 2024
    Net
    flows
    Disposal(1) Market/FX
    movements
    Closing AuM
    31 Dec 2024
    Specialist Active 17.5 (3.9) (0.6) 1.9 14.9
    Alternatives 0.9 (0.4)   0.5
    Wealth Management 0.9 (0.1)   0.1 0.9
    Total 19.3 (4.4) (0.6) 2.0 16.3
    (1) In the second half of 2024, the sale of the UK Equity Income Fund to Jupiter Asset Management completed and subsequently is reflected as a disposal. Therefore, net outflows of CHF 0.6 billion in 2024 have been reflected as a disposal.

    Financial Results for FY 2024

    The average management fee margin earned on investment management AuM in 2024 was 40.4 basis points, compared with the average margin for the financial year 2023 of 49.7 basis points. The change in average management fee margin primarily reflects the mix of assets under management across products and sub-advisory agreements with existing and new partners.

    Net management fees and commissions in 2024 totalled CHF 75.9 million, down from CHF 124.4 million in 2023 due primarily to the sale of the third-party fund services business in January 2024, lower average AuM and reduced average management fee margin in investment management.

    Underlying net performance fees totalled CHF 1.9 million, down from CHF 4.8 million in 2023.

    Underlying net other income/expenses includes net interest income and expenses, the impact of foreign exchange movements, net gains and losses on seed capital investments and hedging, as well as fund-related fees and service charges. In 2024, a net loss of CHF 2.3 million was recognised, compared with a CHF 0.4 million net loss in 2023. The 2024 net loss was mainly driven by the interest expenses incurred on the Rock Investment SAS loan facility and the impact of foreign exchange movements. The IFRS net other expense in 2024 amounts to CHF 4.4 million. The difference between the underlying and the IFRS net other expense of CHF 2.1 million mainly relates to a net foreign exchange loss on pension loan note offset by other income driven by the assignment of the UK property lease to a third party.

    Underlying personnel expenses decreased by 26% to CHF 76.6 million in 2024, compared with CHF 96.8 million in 2023. Fixed personnel costs decreased by 28%, driven by lower headcount. Headcount stood at 294 FTEs as at 31 December 2024, compared to 478 FTEs as at 31 December 2023. Variable compensation in 2024 fell to CHF 11.2 million from CHF 13.1 million in 2023, mainly driven by lower management and performance fees which impacted variable compensation arrangements. The underlying personnel expenses compares to IFRS personnel expenses of CHF 81.0 million. The difference between the underlying and the IFRS personnel expenses of CHF 4.4 million primarily relates to a reorganisation charge. (For further information, see note 6 of the condensed consolidated interim financial statements).

    Underlying general expenses in 2024 were CHF 52.1 million, down from CHF 65.0 million in 2023 due to cost optimisations initiatives across the business. This compares to IFRS general expenses of CHF 54.0 million. The difference between the underlying and the IFRS general expenses of CHF 1.9 million mainly relates to the Group’s reorganisation initiatives.

    Underlying depreciation and amortisation charges were CHF 13.8 million in 2024 compared to CHF 16.5 million in 2023. There is no difference between underlying and IFRS amounts.

    The underlying pre-tax loss in 2024 was CHF 66.8 million, compared to a CHF 49.5 million underlying pre-tax loss in 2023. The higher loss was driven mainly by lower net fee and commission income being only partially offset by lower personnel and general expenses. The underlying loss compares to an IFRS net loss before tax of CHF 69.6 million. The difference of CHF 2.8 million mainly relates to the remeasurement of the brand intangible, strategic initiative expenses and foreign exchange loss on pension loan note. (For further information, see note 6 of the condensed consolidated interim financial statements).

    The underlying income taxes in 2024 was a tax expense of CHF 0.1 million compared to a tax expense of CHF 0.3 million in 2023.

    Diluted underlying losses per share in 2024 was a negative CHF 0.25, compared to a negative of CHF 0.32 in 2023. This compares to a diluted IFRS earnings per share of negative CHF 0.27 in 2024. The difference between the diluted underlying and the diluted IFRS earnings per share of CHF 0.02 relates to the lower underlying net loss.

    Cash and cash equivalents as at 31 December 2024 were CHF 65.1 million, down from CHF 87.2 million as at 31 December 2023.This reduction was driven by the losses made by the Group partially offset by the proceeds received from the ordinary capital increase made by way of a rights offering in November 2024.

    Adjusted tangible equity as at 31 December 2024 was CHF 58.5 million, up from CHF 20.9 million as at 31 December 2023.The main contributor to this increase was ordinary capital increase by way of a rights issue that took place in November 2024. See page 17 of our Annual Report 2024 for full definition of adjusted tangible equity.

    The Board of Directors proposes to shareholders that no dividend will be paid for financial year 2024 given the underlying net loss in 2024.

    Outlook

    GAM continues to focus on implementing its strategy. Our priority is to achieve sustainable overall positive net inflows by rebuilding GAM’s distribution capabilities with a focus on our existing products and new product launches. The timeline for achieving these net inflows will be driven by our success in delivering our strategy, subject to market conditions. GAM continues to target profitability in fiscal year 2026.

    Additional information

    Results Centre | [FY2024 year report] | [FY2024 Investor presentation] | [FY2024 Investor workbook] | [2024 Sustainability Report] | [GAM corporate calendar]

    Investor Relations        
    Magdalena Czyzowska        
    T +44 (0) 207 917 2508        
    Media Relations        
    Colin Bennett        
    T +44 (0) 207 393 8544

    Visit us: www.gam.com
    Follow us: X and LinkedIn

    About GAM Investments

    GAM Investments is a highly scalable global investment platform with strong global distribution capabilities focusing on three core areas, Specialist Active Investing, Alternative Investing and Wealth Management, that is listed in Switzerland. It delivers distinctive and differentiated investment solutions across its Investment and Wealth Management businesses. Its purpose is to protect and enhance clients’ financial future. It attracts and empowers brightest minds to provide investment leadership, innovation and a positive impact on society and the environment. Total assets under management were CHF 16.3 billion as of 31 December 2024. GAM Investments has global distribution with offices in 14 countries and is geographically diverse with clients in almost every continent. Headquartered in Zurich, GAM Investments was founded in 1983 and its registered office is at Hardstrasse 201 Zurich, 8037 Switzerland. For more information about GAM Investments, please visit www.gam.com

    Other Important Information

    This release contains or may contain statements that constitute forward-looking statements. Words such as “anticipate”, “believe”, “expect”, “estimate”, “aim”, “project”, “forecast”, “risk”, “likely”, “intend”, “outlook”, “should”, “could”, “would”, “may”, “might”, “will”, “continue”, “plan”, “probability”, “indicative”, “seek”, “target”, “plan” and other similar expressions are intended to or may identify forward-looking statements.

    Any such statements in this release speak only as of the date hereof and are based on assumptions and contingencies subject to change without notice, as are statements about market and industry trends, projections, guidance, and estimates. Any forward-looking statements in this release are not indications, guarantees, assurances or predictions of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the person making such statements, its affiliates and its and their directors, officers, employees, agents and advisors and may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct and may cause actual results to differ materially from those expressed or implied in any such statements. You are strongly cautioned not to place undue reliance on forward-looking statements and no person accepts or assumes any liability in connection therewith.

    This release is not a financial product or investment advice, a recommendation to acquire, exchange or dispose of securities or accounting, legal or tax advice. It has been prepared without taking into account the objectives, legal, financial or tax situation and needs of individuals. Before making an investment decision, individuals should consider the appropriateness of the information having regard to their own objectives, legal, financial and tax situation and needs and seek legal, tax and other advice as appropriate for their individual needs and jurisdiction.

    Attachment

    The MIL Network

  • MIL-OSI China: From music to mastery, Myanmar students learn Chinese through song

    Source: China State Council Information Office 3

    Ko Si Thu, a 27-year-old engineer from Kyaukphyu in Rakhine state, Myanmar, is on a journey to master the Chinese language.

    With numerous Chinese projects in his hometown, he realized the importance of learning a foreign language to access better opportunities.

    His approach is to join a Chinese singing class at the China Cultural Center in Yangon. He said he began learning Chinese about four months ago.

    “I want to learn Chinese effectively, so I joined the singing class,” he said while waiting for his lesson on Tuesday.

    Although he doesn’t consider himself a singer, he believes music will help improve his pronunciation and tone. “I’ve been learning tones and vocal training in the class,” he said, adding that he enjoys the songs of Teresa Teng.

    Before joining the singing class, he had already taken a Chinese language course at the center. “There are many Chinese-invested projects in Kyaukphyu, so I think mastering a foreign language is essential. Once I become fluent, I want to work in my hometown,” he said.

    Beyond language, Ko Si Thu has also developed a deeper appreciation for Chinese culture. “I feel connected to Chinese traditions. I’m interested in tea-making, calligraphy, and martial arts like Tai Chi,” he said.

    Like Ko Si Thu, Ma Pwint Hayman Tun, a 27-year-old teacher, also joined the vocal class. “I enjoy dancing and singing, so I joined. I’ve been learning Chinese for three and a half years,” she said.

    Coming from a Myanmar-born Chinese family, she has always felt a deep connection to the language and culture. “I also attended Chinese language and cooking courses at the center,” she said.

    “This is my first time learning to sing. Some songs are hard to understand, but I can feel their emotions. I prefer classic songs over modern ones,” she said, adding that she enjoys music by Chinese artists Xiao Zhan and Wang Yibo.

    “Chinese is becoming more popular nowadays,” she said. Beyond music, she is also fascinated by Chinese paintings and cuisine, especially Sichuan hotpot and steamed buns (baozi).

    For Ma Su Lae Yadanar, a 24-year-old Chinese bookseller, inspiration came from her elder sister. “I used to accompany my sister to Chinese singing events, which made me want to sing Chinese songs too,” she said.

    Though she attended short-term Chinese classes at temples as a child, she resumed her studies a year and a half ago. “This is my first time in a Chinese singing class. I prefer modern songs over old ones,” she said.

    For her, the class is an opportunity to improve both her language and singing skills.

    The three-month course at the China Cultural Center in Yangon is led by Ko Phyo, a 31-year-old vocal trainer.

    Ko Phyo believes music plays a crucial role in cultural exchange. “My goal is for my students to be able to sing Chinese songs by the end of the course,” he said.

    With over ten years of experience in singing, he emphasized music’s universal nature. “Even if people speak different languages, they can share the same emotions through music. Songs are a way to understand and learn about a culture,” he explained.

    Xiang Jianbo, the center’s director, introduced the singing course to attract young people to Chinese language learning. “Young people in Myanmar are increasingly interested in Chinese songs, so we organized this course to introduce modern Chinese music,” he said.

    He also highlighted the center’s broader mission. “Our goal is to spread Chinese arts and culture. Since music is a powerful medium for cultural exchange, this is our first singing course, and we will offer more if interest continues to grow.”

    The singing course is part of a summer program celebrating the 75th anniversary of China-Myanmar diplomatic relations. “By introducing Chinese culture, from traditional to modern times, we aim to enhance mutual understanding between our people,” Xiang said.

    Given the presence of many Chinese companies in Myanmar, the center also plans to launch a Myanmar singing course for overseas Chinese to further strengthen cultural ties, he said.

    The singing course consists of 19 sessions, each lasting 1.5 hours and held twice a week. It was opened last week and will run until May 29, according to the center.

    MIL OSI China News