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Category: KB

  • MIL-OSI Africa: Bribery in South Africa: law now puts a duty on companies to act

    Source: The Conversation – Africa – By Rehana Cassim, Professor in Company Law, University of South Africa

    Bribery is one of the most common forms of corruption in South African companies and state institutions. This has a number of harmful outcomes.

    Firstly, research shows that it weakens democracy and slows down economic growth. It also creates expensive barriers for honest businesses to succeed because it distorts fair competition. If bribery is not stopped or punished it has a demoralising effect, because it erodes trust and creates a culture where ethical conduct is undermined.

    In 2024 a new law came into force in South Africa that puts a duty on companies to take proactive steps to prevent bribery. This law falls under a broader law dealing with corruption in South Africa.

    The new provisions make it a crime for companies to fail to prevent bribery by an associated person. This is a major policy shift in South African anti-corruption law, and aligns with the United Kingdom’s anti-bribery legislation.

    An associated person is anyone who performs services for the company. This can include suppliers, joint venture partners, distributors, consultants, and other professionals advising the company. It can even be other companies, like subsidiaries.

    In my research I found that South Africa took inspiration from the United Kingdom (UK) Bribery Act 2010. The law makes it a criminal offence for commercial organisations to fail to prevent bribery by associated persons.

    Despite some successes, enforcement of the UK Bribery Act has been slow and the volume of prosecutions has been low.

    Based on my research into company conduct, given the current challenges in law enforcement and the low conviction rates for crimes of corruption, the new law might not work as well as hoped.

    But with improved enforcement, it has potential to reduce bribery in South Africa.

    What’s behind the new law?

    The new addition to the law was introduced after a commission of inquiry found evidence of widespread bribery and corruption under former president Jacob Zuma.

    For example, Angelo Agrizzi, former chief operating officer of African Global Operations (Pty) Ltd (formerly known as Bosasa), testified that Bosasa won about US$129 million in government tenders by paying about US$4 million in bribes to politicians and government officials. He said that every contract in which Bosasa was involved was linked to bribery and corruption.

    The new law is designed to prevent this from happening.

    If a person associated with a member of the private sector or an incorporated state-owned entity gives, agrees or offers to give a bribe (or gratification) to another person, the company could be held liable. This applies to companies as well as individuals, partnerships, trusts and other legal entities.

    The bribe must be given by the associated person to get business for the company or to gain a business advantage for it. Importantly, a company can be found guilty even if it didn’t know about the bribe.

    What counts as a bribe?

    A bribe (or gratification) is not just money. It includes avoiding a loss or other disadvantage, releasing any obligation or liability, or giving any favour or advantage.

    The bribe does not actually have to be given. It is enough if the associated person agrees or offers to give the bribe.

    It is not clear yet if hospitality or promotional expenditures count as bribes.

    Under the UK Bribery Act a hospitality payment is not regarded as a gratification unless it is disproportionate. In my view South Africa should follow the same approach.

    For example, if paying for transport from the airport to a hotel for an on-site visit, taking clients to dinner, or giving them tickets to an event aligns with the norms for the industry, this probably will not be seen as a bribe.

    Facilitation payments is another tricky area. These are small bribes made to minor officials to get routine administrative tasks done, such as applying for visas, clearing customs or getting licences.

    The new law doesn’t say whether facilitation payments are regarded as bribes. In my view, they should be.

    What companies need to do

    Companies can avoid liability under the new law if they can prove that they had adequate procedures in place to prevent bribery by associated persons.

    But the law doesn’t explain what “adequate procedures” are. Until the South African government provides guidance on this, it is useful to look at the guidance provided under the UK Bribery Act. It recommends the following:

    • Companies should adopt procedures that are proportionate to the bribery risks they face and the nature, scale and complexity of their activities.

    So a larger company operating in a high-risk market where bribery is known to be common must do more to prevent bribery than a smaller company in a low-risk market where bribery is less common.

    • The company’s board of directors should foster a culture where bribery is never acceptable.

    • Companies should periodically assess their exposure to potential bribery risks.

    • Companies should carry out due diligence procedures on their associated persons.

    • Companies should communicate their anti-bribery polices internally and externally. They should also provide training to ensure that everyone understands their anti-bribery position.

    • Companies should monitor their procedures and improve them where necessary.

    The way forward

    The South African government should urgently publish official guidelines to help companies understand what they must do to comply with the new law.

    The principles of South Africa’s corporate governance code, the King IV Report, can also be used to help companies comply with the new law. These principles promote ethical leadership, an ethical culture, risk management, accountability and transparency.

    Guidelines are also important for small and medium enterprises. They also have a legal duty to put in place adequate procedures to prevent bribery.

    Companies that have not already put in place anti-bribery procedures should act quickly. And they should check that their corporate hospitality policies are reasonable and proportionate to their businesses.

    Companies should also evaluate their relationships with the people associated with them.

    Setting up anti-bribery procedures may have cost implications. But not having them could cost far more. Having adequate procedures in place is the only defence under the new law.

    – Bribery in South Africa: law now puts a duty on companies to act
    – https://theconversation.com/bribery-in-south-africa-law-now-puts-a-duty-on-companies-to-act-260148

    MIL OSI Africa –

    July 16, 2025
  • MIL-OSI Africa: Qatar’s Minister Of Labor Pays Courtesy Visit To Sierra Leone’s President Julius Maada Bio, Reaffirms Bilateral Cooperation

    Source: APO – Report:

    .

    The Minister of Labor of the State of Qatar, Dr. Ali Bin Sammikh Marri, paid a courtesy call on His Excellency President Dr. Julius Maada Bio at State House in Freetown, reaffirming his country’s commitment to deepening bilateral cooperation with Sierra Leone, particularly in the areas of labor and employment.

    Introducing the visiting delegation, Sierra Leone’s Minister of Labor and Employment, Mr. Mohamed Rahman Swaray, informed the President that the Qatari Minister was on an official visit to explore ways to expand collaboration between the two nations’ labor sectors.

    “Your Excellency, I am pleased to introduce my counterpart, the Minister of Labor from Qatar, who is here to engage with us on strategic collaboration and deepen the ties between our two ministries,” Minister Swaray stated.

    In his remarks, Dr. Ali Bin Sammikh Marri thanked President Bio for the warm welcome and hospitality extended to him and his delegation. He recounted his early academic exposure to Sierra Leone more than 30 years ago, noting with delight that he had finally visited the country he once studied.

    “It is a pleasure to be in Sierra Leone,” he said. “Over 30 years ago, as a student, I was asked to write about Sierra Leone. Today, I am here in person, as Qatar’s Minister of Labor, to explore collaboration, especially in labor market policies. With Your Excellency now serving as Chairman of ECOWAS, we see an opportunity to align with your leadership in regional labor development and cooperation.”

    Minister Marri also conveyed a message of congratulations on behalf of the Emir of Qatar, His Highness Sheikh Tamim bin Hamad Al Thani, to President Bio on his recent election as Chairman of the ECOWAS Authority of Heads of State and Government.

    “I bring you fraternal greetings and congratulations from your brother, the Emir of Qatar, on your recent appointment. We appreciate your hospitality and look forward to strengthening our bilateral ties,” he concluded.

    In his response, President Bio warmly welcomed the Qatari Labor Minister and expressed appreciation for the visit and message from the Emir of Qatar. He noted that it was particularly meaningful that Dr. Marri, after writing about Sierra Leone three decades ago, was now visiting the country as a high-level representative of Qatar.

    “Thank you very much for visiting. On behalf of the Government and people of Sierra Leone, we welcome you,” President Bio said. “We have had a growing relationship with Qatar and look forward to expanding cooperation, especially in agriculture, education, and the digital economy, areas where we are investing heavily and seeing meaningful progress.”

    President Bio also welcomed the opportunity to explore broader labor collaboration across the ECOWAS region during his tenure as Chairman and emphasized the importance of leveraging international partnerships to advance a common African interest.

    “It is an exciting moment to lead ECOWAS, and I see it as an opportunity to further engage the international community on shared priorities for West Africa,” he concluded.

    – on behalf of State House Sierra Leone.

    MIL OSI Africa –

    July 16, 2025
  • MIL-OSI Africa: Official Launch of the African Union Fellowship Programme on Disarmament and Non- Proliferation

    Source: APO – Report:

    .

    The African Union Commissioner for Political Affairs, Peace and Security, Amb. Bankole Adeoye, on behalf of H.E. Mahmoud Ali Youssouf, Chairperson of the Commission officially launched the African Union Fellowship Programme on Disarmament and Non-Proliferation on 15 July 2025. He was joined by Amb. Rebecca Amuge Otengo, Chairperson of the AU Peace and Security Council for the month of July and Amb. Parfait Onanga-Anyanga, Special Representative of the UN Secretary General and Head of the United Nations Office to the African Union.

    The AU Fellowship Programme was established following the decision by the AU Peace and Security Council in May 2024 and it represents not only a training initiative but a strategic investment in nurturing the next generation of African peacemakers, negotiators, and disarmament specialists.

    The programme is designed to equip participants with knowledge on multilateral arms control frameworks, sharpen their diplomatic negotiation skills, and strengthen their capacity to broker mutual agreements between and among states. These efforts are intended to advance regional stability, limit the proliferation of weapons and promote the peaceful use of nuclear technology in Africa with the over-arching view to contribute to global peace and security.

    The target groups for the programme include diplomats from AU Member States, AU Special Envoys, High Representatives, Special Representatives of the Chairperson of the Commission, AU Mediators, Heads of AU Missions and other Strategic-level Leaders. It also extends to individuals working in the disarmament field across Africa, as well as representatives from civil society, academia, policy makers, practitioners, and international partners.

    – on behalf of African Union (AU).

    MIL OSI Africa –

    July 16, 2025
  • MIL-OSI Africa: Visit of Union Minister of State for External Affairs and Textiles [MoS (PM)] to Eswatini, Lesotho and South Africa

    Source: APO – Report:

    .

    Shri Pabitra Margherita, Union Minister of State for External Affairs and Textiles [Mos (PM)] will pay an official visit to the Kingdom of Eswatini, the Kingdom of Lesotho from 18-22 July 2025 and to the Republic of South Africa from 23-25 July 2025.

    2.​ During his visit to Eswatini, MoS (PM) is scheduled to pay courtesy call on His Majesty King Mswati III and Prime Minister of the Kingdom of Eswatini. He is expected to hold meeting with Foreign Minister of Eswatini to discuss matters of mutual interest and to review the progress of bilateral relations. The visit will focus on strengthening cooperation in areas such as trade & investment, capacity building, development partnership and people-to-people exchanges. MoS (PM) will also engage with the Indian diaspora and participate in events highlighting India’s development partnership initiatives in Eswatini. This visit is expected to further enhance the longstanding and friendly relations between India and the Kingdom of Eswatini.

    3. ​In the Kingdom of Lesotho, MoS (PM) is scheduled to pay a courtesy call on His Majesty King Letsie III, and the Right Honourable Mr. Samuel Matekane, Prime Minister of Kingdom of Lesotho. MoS will also have bilateral meeting with the Minister of Foreign Affairs and International Relations. He is expected to meet the Minister of Information, Communications, Science, Technology & Innovation, the Minister of Education & Training, and the Minister of Labour and Employment in Maseru. This Ministerial visit to Kingdom of Lesotho is being undertaken after a gap of 10 years following the first-ever Ministerial visit from India to Lesotho by Hon’ble Minister of State (IC) Culture, Tourism & MoS for Civil Aviation, Dr. Mahesh Sharma, on 9 July 2015 as Special Envoy of Hon’ble Prime Minister to deliver invitations for the 3rd India-Africa Forum Summit to the leadership of the Government of Lesotho.

    4.​ In South Africa, MoS (PM) will lead a delegation to participate in the upcoming G-20 Development Ministerial Meetings (DMM) on 24-25 July 2025 in Skukuza, South Africa and is scheduled to have a bilateral meeting with the South African Minister in the Presidency for Planning, Monitoring and Evaluation, Hon’ble Ms. Maropene Lydia Ramokgopa and other Ministers responsible for Development and Heads of Delegations of other G20 Members, invited countries and International Organizations participating in the DMM.

    5. ​MoS (PM) is also expected to have bilateral engagements and interactions with prominent leaders of businesses and members of the Indian community in Eswatini, Lesotho and South Africa.

    – on behalf of Ministry of External Affairs – Government of India.

    MIL OSI Africa –

    July 16, 2025
  • MIL-OSI Africa: President Ramaphosa appoints acting Minister of Police

    Source: APO – Report:

    .

    President Cyril Ramaphosa has appointed Minister of Mineral and Petroleum Resources, Gwede Mantashe, as Acting Minister of Police with immediate effect.

    Minister Mantashe will serve in this capacity until Prof Firoz Cachalia, who will retire from his position at the University of the Witwatersrand at the end of this month, assumes his position at the start of August.

    Minister Mantashe will retain his responsibilities as Minister of Mineral and Petroleum Resources.

    – on behalf of The Presidency of the Republic of South Africa.

    MIL OSI Africa –

    July 16, 2025
  • MIL-OSI United Kingdom: Free and low-cost things to do in Leeds over the summer holidays

    Source: City of Leeds

    Summer Reading Challenge at Leeds Libraries
    The 2025 Summer Reading Challenge has begun and is a free holiday activity for children aged 4 to 11. It’s all about reading for fun, aiming to improve children’s reading skills and confidence. Children can read anything they like and collect free rewards for their reading, including a bookmark, pop badge and wooden medal. This year’s theme is Story Garden – Adventures in Nature and the Great Outdoors and will inspire children to tap into a world of imagination through reading, exploring the magical connection between storytelling and nature.
    Monday 7 July to Friday 22 August, various library locations, cost: free

    Butterfly Fever at Tropical World
    As part of the Big Butterfly Count 2025 enjoy a special weekend of activities on Saturday 19 and Sunday 20 July, inside the zoo and at the Wildflower Meadows in Roundhay Park (weather permitting). The Butterfly Conservation Yorkshire team will be on site with lots of information on these fascinating creatures. Pick up your free copy of the Butterfly ID chart and head down to the Wildflower Meadow to record the number and type of butterflies you spot in a 15-minute slot – don’t forget to submit your sightings!
    Saturday 19 to Sunday 20 July, cost: included in admission
    Find out more: Big Butterfly Count at Tropical World

    A Lotherton Summer Holiday
    Enjoy all things summer at Lotherton this school holiday. With six weeks of summer fun, including a whole host of children’s entertainment, activities, and a family trail.
    Saturday 19 July to Sunday 31 August, cost: included in admission (some activities at additional cost)
    Find out more: A Lotherton Summer Holiday

    Summer Fun at Temple Newsam Home Farm
    Visit the farm’s adorable animals, rare breed livestock, and take in the stunning landscape of the Temple Newsam Estate. Families can make and take home their own special crafts, explore the exciting interactive trail, it’s fun for all the family. Don’t forget your camera, as there are plenty of photo opportunities!
    Saturday 19 July to Monday 25 August, cost: included in admission
    Find out more: Summer Fun at Temple Newsam Home Farm

    Summer of Fun at Kirkgate Market
    Head to Kirkgate Market throughout the summer holidays for a range of family friendly activities, including arts and crafts, shows, circus school, bumper cars, interactive games, a climbing wall, and roller skating.
    Monday 21 July to Saturday 30 August, cost: free
    Find out more: Summer of Fun at Kirkgate Market

    Deer Tractor Tours at Lotherton
    Experience Lotherton’s herd of red deer up close as you are taken on a tour of the Deer Park in the Lotherton tractor trailer. Learn all about this magnificent species – Britain’s biggest native mammal – and discover the estate from a different viewpoint.
    Monday 21 July to Monday 25 August, cost: £7.50 per person + admission
    Find out more: Deer Tractor Tours at Lotherton

    Stories in the Streets at Abbey House Museum
    Stories from our Story Time exhibition have spilled out into the Victorian Streets! You can find Mrs Tiggywinkle doing her washing, the Hungry Caterpillar munching his way through the grocer’s shop and seagulls eating the Lighthouse Keeper’s lunch. Come along to spot the stories plus a range of trails and crafts to join in for the whole family to work together. Drop-in during normal opening hours. Don’t forget to check out our Story Time exhibition while you’re here, all about children’s books through the ages!
    Wednesday 23 July to Sunday 31 August, cost: included in admission
    Find out more: Stories in the Streets at Abbey House Museum

    Breeze in the Park
    Breeze in the Park is back for 2025! Enjoy interactive play, arts and crafts, games, sports, food and, of course, Breeze’s famous collection of classic inflatables. Coming to a park near you throughout summer.
    Wednesday 23 July to Thursday 21 August, cost: £1 per child. Optional additional activities and food at additional cost. Inflatable fast track and various discounts available with a £5 Breeze Pass.
    Find out more: Breeze in the Park

    Story Garden – Code and Create at Leeds libraries
    To celebrate this year’s Summer Reading Challenge theme, make your own Story Gardens in lots of exciting ways. Join our library team to code robot bees and programme moisture sensors to keep plants hydrated! A free family-friendly event recommended for children aged 7+. All children must be accompanied by an adult.
    Thursday 24 July to Thursday 21 August, various library locations, cost: free
    Find out more: Story Garden – Code and Create at Leeds Libraries

    A Magical Miffy Summer at Leeds City Museum
    Hop down to Leeds City Museum over the summer holidays to experience Miffy summer fun! Take part in sing-along storytimes, make Miffy-inspired wands, experience dazzling magic shows, and design interactive artwork at electric paint and animation workshops. There will also be a pop-up sensory room filled with dark tents, light-up toys, squishy floor tiles, dens and a bubble tube.
    Thursday 24 July to Wednesday 27 August, various times (booking required for some activities – please see website for more details), cost: give what you can
    Find out more: A Magical Miffy Summer at Leeds City Museum

    Steam Toys & Meccano Show at Leeds Industrial Museum
    Marvel at the displays of working steam toys and Meccano from local collectors at this fun and friendly event. Enjoy this annual event from the Friends of Pudsey Roller as enthusiasts and collectors bring in their steam toys and Meccano to share with visitors. There will also be a pop-up cafe selling delicious treats and raising funds for the Pudsey Roller.
    Sunday 27 July, 12pm to 4pm, cost: included in admission
    Find out more: Steam Toys & Meccano Show at Leeds Industrial Museum

    Pot a Plant at Temple Newsam
    Head to the Walled Garden, where a friendly team will help you to pot up a stunning Coleus plant from the estate’s national collection to take home! Coleus are known for their striking, multicoloured foliage, and can thrive in both sun and shade, making them a versatile choice for any growing space.
    Wednesday 30 July, 1pm to 3pm, cost: £3 per plant (booking essential)
    Find out more: Pot a Plant at Temple Newsam

    Tooth and Claw Workshop at Leeds Discovery Centre
    Discover the animal skulls in the Natural Science collection and learn about how some have adapted teeth and claws to find food. Get up close and personal to the claws and teeth in our collection! Why are they that big? Why are they that sharp?! Join us for a family workshop and tour of our amazing collection store.
    Wednesday 30 July, 10am to 12pm, cost: give what you can
    Find out more: Tooth and Claw Workshop at Leeds Discovery Centre

    Mystery Matinees at Leeds Industrial Museum
    Enjoy a family film in the museum’s cosy, 1920s-style Palace Picture House. Please note, the museum is closed on Mondays.
    Tuesday 5 August to Sunday 31 August, cost: included in admission
    Find out more: Mystery Matinees at Leeds Industrial Museum

    Crafty in the Cloister at Kirkstall Abbey
    Take part in craft activities in the heart of the Abbey – the cloister. Every Thursday afternoon there will be new craft and colouring activities, reflecting on the nature in the abbey. The Cloister is the central courtyard in the abbey that served as a quiet area, surrounded by covered walkways to minimise noise and disruption. A quiet and meditative space for the Cistercian monks.
    Thursday 7, 14, 21, 28 August, 2pm to 4pm, cost: give what you can
    Find out more: Crafty in the Cloister at Kirkstall Abbey

    Fladam presents…Green Fingers at Leeds libraries
    It’s Green Fingers’ first day at school, and so far nobody has spotted his bright green hands. But then… GOO! GUNK! GLOOP! What a mess! Why are they suddenly misbehaving? It doesn’t help that heinous headmaster Mr Marigold despises anything dirty… but is something magical going on? Maybe the answers can be found in the mysterious school garden? A family-friendly show recommended for children aged 3+. All children must be accompanied by an adult.
    Tuesday 12 August to Thursday 21 August, various library locations, cost: give what you can
    Find out more: Fladam presents…Green Fingers at Leeds libraries

    Taxidermied! Workshop at Leeds Discovery Centre

    Join a Natural Science curator to look at how animals are taxidermied and preserved, and get up close to our animal collections. How are our animal collections preserved? Learn about taxidermy and the preservation of animals, and how they can contribute to the understanding of animals. After a tour in our store, we’ll be creating a shoebox scene of your own to take home.
    Wednesday 13 August, 10am to 12pm, cost: give what you can
    Find out more: Taxidermied! Workshop at Leeds Discovery Centre

    Pattern Making Poetry at Leeds Art Gallery
    Creative family fun session with artist Kalisha Piper Cheddie. Use drawing and collage to make patterns on long pieces of paper that will be hung on the large walls in Central Court on the first floor of the gallery. While you’re there, take some time to find out more about Lynette Yiadom-Boakye’s favourite music and poetry that inspired her exhibition, To Improvise a Mountain: Lynette Yiadom-Boakye Curates. Drop-in, no need to book.
    Tuesday 19, Wednesday 20, Thursday 21 August, 11am to 3pm, cost: give what you can
    Find out more: Pattern Making Poetry at Leeds Art Gallery

    The Child Friendly Leeds 12 wishes represent the voices of 80,000 children and young people in Leeds. Working towards these wishes makes Leeds a better city for children to grow up in. This article is in support of Child Friendly Leeds Wish 7: Children and young people know about different things to do and places to go across the city. They enjoy different cultural experiences including art, music, sport and film. Read the full wish and find out more: https://wearechildfriendlyleeds.com/wish-7-things-to-do/ Child Friendly Leeds also have a great guide full of even more things to do in Leeds over summer. Take a look at their summer activities guide here.

    MIL OSI United Kingdom –

    July 16, 2025
  • MIL-OSI United Kingdom: Seven Leeds parks awarded as some of the best in the country

    Source: City of Leeds

    Some of Leeds’ most popular parks have been awarded the Green Flag Award after being recognised as being of international quality.

    Golden Acre Park, Kirkstall Abbey, Middleton Park, Otley Chevin Forest Park, Pudsey Park, Roundhay Park and Temple Newsam Estate are all managed by Leeds City Council and have yet again been listed among the best in the country.

    The Green Flag Award scheme, managed by environmental charity Keep Britain Tidy under licence from the Ministry of Housing, Communities & Local Government, recognises and rewards well-managed parks and green spaces, setting the benchmark standard for the management of green spaces across the United Kingdom and around the world.

    Some of the Green Flag parks in Leeds have received the award every year for at least 15 years.

    Councillor Mohammed Rafique, Leeds City Council’s executive member for climate, energy, environment and green space, said: “Our teams and volunteer groups work very hard to keep these sites to a high standard and for them to be spaces that people can enjoy every single day. We’re thrilled that we have once again received the prestigious Green Flag Award for these seven green spaces and that they are deemed of international quality.”

    Green Flag Award Scheme Manager, Paul Todd MBE, said: “Congratulations to everyone involved at Leeds City Council who have worked tirelessly to ensure that these parks achieve the high standards required for the Green Flag Award.

    “Quality parks and green spaces like these seven make the country a healthier place to live and work in, and a stronger place in which to invest.

    “Crucially, these parks are vital green spaces for communities in Leeds to enjoy nature, and during the ongoing cost of living crisis it is a free and safe space for families to socialise. It also provides important opportunities for local people and visitors to reap the physical and mental health benefits of green space.”

    Notes to editors

    The Green Flag Award Scheme (http://greenflagaward.org/) is run by the environmental charity Keep Britain Tidy, under licence from the Ministry of Housing, Communities & Local Government, in partnership with Keep Scotland Beautiful, Keep Wales Tidy and Keep Northern Ireland Beautiful.

    Any green space that is freely accessible to the public is eligible to enter for a Green Flag Award.  Awards are given on an annual basis and winners must apply each year to renew their Green Flag Award status. 

    MIL OSI United Kingdom –

    July 16, 2025
  • MIL-OSI: Virtune launches Virtune Coinbase 50 Index ETP on Nasdaq Stockholm

    Source: GlobeNewswire (MIL-OSI)

    Stockholm, July 16, 2025 – Virtune, the Swedish regulated crypto asset manager, announces the listing of its latest exchange-traded product, the Virtune Coinbase 50 Index ETP, on Nasdaq Stockholm traded in SEK. This listing marks a major milestone for Virtune’s continued growth in its home market and reinforces its position as a leading issuer of regulated, physically backed crypto ETPs in the Nordics.

    The product is now available to Swedish and Nordic investors via brokers and banks such as Avanza, Nordnet, SAVR and Montrose and is traded in SEK.

    Virtune has worked closely with Coinbase since its inception, collaborating across all key areas – staking, trading, and custody. The launch of the Virtune Coinbase 50 Index ETP marks the next step in strengthening this partnership. It is the world’s first exchange-traded product to track the Coinbase 50 Europe Index – a broadly diversified benchmark of up to 50 leading crypto assets. The index is developed by Coinbase and administered by MarketVector Indexes™. The ETP currently holds 21 crypto assets, with the target to expand to all 50 assets pending regulatory and exchange approvals.

    The Coinbase 50 Europe Index aims to provide investors with representative exposure to the most significant and relevant digital assets in the market. The product is tailored for both institutional and retail investors seeking regulated, transparent, and professional exposure to the crypto market.

    Allocation as of 15th of July 2025:

    https://www.virtune.com/product/vcoin50

    Christopher Kock, CEO of Virtune:

    “Listing our Coinbase 50 Index ETP on Nasdaq Stockholm marks a significant milestone in our mission to provide secure and regulated access to digital assets investments in Sweden and the Nordics. We are thrilled to bring this flagship product to our home market, allowing investors to trade it in SEK on Nasdaq Stockholm.”

    The Virtune Coinbase 50 Index ETP is 100% physically backed by the underlying crypto assets, securely stored in cold-storage with Coinbase, and carries a competitive annual management fee of 0.95%.

    Learn more about the product here: www.virtune.com/product/vcoin50

    About Coinbase: 

    Crypto creates economic freedom by ensuring that people can participate fairly in the economy, and Coinbase (NASDAQ: COIN) is on a mission to increase economic freedom for more than 1 billion people. We’re updating the century-old financial system by providing a trusted platform that makes it easy for people and institutions to engage with crypto assets, including trading, staking, safekeeping, spending, and fast, free global transfers. We also provide critical infrastructure for onchain activity and support builders who share our vision that onchain is the new online. And together with the crypto community, we advocate for responsible rules to make the benefits of crypto available around the world.

    Brett Tejpaul, Head of Coinbase Institutional: 

    “With the launch of the Virtune Coinbase 50 Index ETP in Nordics, we’re making one of the most comprehensive benchmarks for the crypto market directly accessible to investors across the Nordics. This marks a major step forward in our mission to expand global access to digital assets and provide institutional-grade tools for navigating this evolving asset class. The introduction of this ETP reinforces our commitment to bridging traditional financial infrastructure with the growing demand for regulated, secure exposure to the digital economy.”

    About MarketVector:

    MarketVector Indexes™ (“MarketVector”) is a regulated Benchmark Administrator in Europe, incorporated in Germany and registered with the Federal Financial Supervisory Authority (BaFin). MarketVector maintains indexes under the MarketVector™, MVIS®, and BlueStar® names. With a mission to accelerate index innovation globally, MarketVector is best known for its broad suite of Thematic indexes, a long-running expertise in Hard Asset-linked Equity indexes, and its pioneering Digital Asset index family. MarketVector is proud to be in partnership with more than 25 Exchange-Traded Product (ETP) issuers and index fund managers in markets throughout the world, with more than USD 57 billion in assets under management.

    Martin Leinweber, Director, Digital Asset Research and Strategy, MarketVector: 

    “The Virtune Coinbase 50 Index ETP marks a significant step forward for crypto investment in Europe, offering broad, institutional-grade exposure to digital assets through a single, efficient product. This milestone combines MarketVector’s index expertise, Coinbase’s market infrastructure, and Virtune’s transparent, regulated approach. We’re proud to deepen our partnership with Virtune by becoming the index provider for their entire range of crypto ETPs across Europe. Together, we’re delivering the tools institutional and retail investors need to navigate the digital asset landscape with greater confidence and clarity.”

    Key Information about the Product:

    • Exposure: Up to 50 leading crypto assets in a single product
    • Underlying assets: 100% physically backed by the underlying crypto assets
    • Custody: Institutional-grade custody by Coinbase
    • Management fee: 0.95% per annum
    • Trading currency: SEK
    • First day of trading on Nasdaq Stockholm: Monday, July 14, 2025
    • Bloomberg Ticker: VCOIN50
    • ISIN: SE0024738389
    • WKN: A4A5D4
    • Exchange ticker: VCOIN50
    • Exchanges: Nasdaq Stockholm, Nasdaq Helsinki, Deutsche Börse Xetra, Euronext Amsterdam, Euronext Paris

    For inquiries, please contact:

    Christopher Kock, CEO & Member of the Board of Directors
    +46 70 073 45 64
     christopher@virtune.com

    About Virtune AB (Publ):

    Virtune, headquartered in Stockholm, is a regulated Swedish digital asset manager and issuer of crypto exchange-traded products on regulated European exchanges. Through regulatory compliance, strategic partnerships, and a highly experienced team, Virtune empowers global investors to access innovative and professional investment products aligned with the evolving global crypto market.

    Cryptocurrency investments are associated with high risk. Virtune does not provide investment advice. Investments are made at your own risk. Securities may increase or decrease in value, and there is no guarantee that you will recover your invested capital. Please read the prospectus, KID, terms at www.virtune.com.. The Coinbase 50 Europe Index (“Index”) is the exclusive property of MarketVector Indexes GmbH (“MarketVector”) and its Licensors and has been licensed for use by Virtune AB (Publ) (“Licensee”). MarketVector has contracted with CC Data Limited to maintain and calculate the Index. CC Data Limited uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards MarketVector, CC Data Limited has no obligation to point out errors in the Index to third parties. In particular, MarketVector is not responsible for the Licensee and/or for Licensee’s legality or suitability and/or for Licensee’s business offerings. Offerings by Licensee, may they be based on the Virtune Coinbase 50 Europe ETP (“Product”) or not, are not sponsored, endorsed, sold, or promoted by MarketVector and any of its affiliates, and MarketVector and any of its affiliates make no representation regarding the advisability of investing in Licensee and/or in Licensee’s business offerings. MARKETVECTOR AND ANY OF ITS AFFILIATES AND ANY OF ITS LICENSORS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO LICENSEE.

    The MIL Network –

    July 16, 2025
  • India launches talent hunt for young chefs to blend tradition with innovation

    Source: Government of India

    Source: Government of India (4)

    The PHD Chamber of Commerce and Industry (PHDCCI), in partnership with the Ministry of Tourism, on Wednesday launched the National Young Chef Competition (NYCC), a nationwide talent hunt designed to discover and nurture India’s next generation of culinary innovators.

    The grand curtain-raiser for the competition was held at PHD House in New Delhi, marking the beginning of a series of zonal rounds that will span the country. The initiative targets final-year hospitality students, providing them with a national platform to blend traditional Indian culinary practices with contemporary techniques.

    Speaking at the launch event as Chief Guest, Mr Suman Billa (IAS), Additional Secretary and Director General, Ministry of Tourism, underscored the importance of preserving India’s diverse culinary traditions. “Our culinary heritage is built on cultural memory and regional techniques. We must reinforce these traditions and expand India’s footprint in the global fine dining space,” he said, urging aspiring chefs to think creatively and represent India with pride on international platforms.

    The competition, themed ‘Celebrating Indian Culinary Heritage: Blending Tradition with Innovation’, is being organised in partnership with the Indian Federation of Culinary Associations (IFCA) and the Tourism & Hospitality Skill Council (THSC).

    The zonal rounds will be held as follows:

    * North Zone: 6 August 2025, AIHM Chandigarh
    * East Zone: 18 September 2025, IHM Kolkata
    * West Zone: November 2025, IHM Mumbai
    * South Zone: 18 December 2025, IHM Kovalam

    Winners from each region will compete in the grand finale, scheduled for January 2026 at IHM Pusa, New Delhi.

    In addition to the competition, the NYCC will host career sensitisation workshops for students of Classes 11 and 12 at each zonal venue. These workshops aim to address the declining enrolment in hospitality education and introduce young students to career opportunities in the culinary industry.

    Calling the NYCC a “movement” that brings together industry, academia and youth, Mr Rajan Sehgal, Co-Chair of the Tourism Committee, PHDCCI, said the initiative is vital for celebrating India’s gastronomic wealth. Dr Chef Manjit Gill, President of IFCA, added, “NYCC is not just a contest but a cultural revival. It’s a call to preserve and modernise India’s diverse food legacy.”

    The event also saw the presence of notable figures from the culinary and hospitality sector, including Chef Sudhir Sibal, Chef Anil Grover, Mr Rajan Bahadur (THSC), Prof Kamal Kant Pant (IHM Pusa), Mr Amarjit Singh Ahuja (Le Meridien), and Ms Shalini S Sharma of PHDCCI, who outlined the detailed roadmap for the competition.

    The NYCC has garnered support from over 130 hospitality institutions nationwide and is backed by leading industry partners such as Venus Industries, Nestlé Professional, Wagh Bakri Tea Group, Cremica, McCain Foods and others. Winners will receive cash prizes, internship opportunities, international exposure, and special recognition for the ‘Best Sustainable Dish’.

    July 16, 2025
  • CDS Anil Chauhan urges push for indigenous counter-drone systems

    Source: Government of India

    Source: Government of India (4)

    Chief of Defence Staff General Anil Chauhan on Wednesday underlined the importance of developing indigenous counter-unmanned aerial systems (UAS) to strengthen India’s security and reduce reliance on foreign technologies.

    Speaking at an event at the Manekshaw Centre in Delhi, General Chauhan said that depending on imported systems limits preparedness, production scalability, and critical spare parts availability.

    “Operation Sindoor has shown us why indigenously developed counter-UAS systems, built for our terrain and needs, are crucial. We must invest and build to safeguard ourselves. Dependence on foreign technologies weakens our preparedness and gives adversaries an advantage,” he said.

    He pointed out that during Operation Sindoor, launched on May 7, Pakistan used unarmed drones and loitering munitions against India, but failed to cause any damage. Most drones were neutralised through kinetic and non-kinetic means.

    “The employment of drones is evolutionary, but their impact on warfare has been revolutionary,” he added.

    General Chauhan also visited an exhibition showcasing efforts to indigenise critical components in UAV and counter-UAS systems, currently imported from foreign manufacturers.

    — ANI

    July 16, 2025
  • England fined, docked two WTC points for slow over rate at Lord’s

    Source: Government of India

    Source: Government of India (4)

    England were docked two World Test Championship (WTC) points and fined 10% match fees on Wednesday for their slow over rate in the third test against India at Lord’s.

    The hosts went 2-1 up in the five-test series with a thrilling 22-run victory but were found two overs short of target in a match where the Dukes ball went out of shape several times and had to be replaced.

    “England captain Ben Stokes pled guilty to the offence and accepted the proposed sanction, so there was no need for a formal hearing,” the International Cricket Council said in a statement.

    Players lose 5% of their match fees for every over their team fail to bowl in the allotted time. It also costs the team one WTC point.

    England slipped from second to third in the WTC standings behind Sri Lanka following the points deduction. Australia, who completed a 3-0 sweep of West Indies earlier this week, lead the standings in the new 2025-2027 cycle.

    (Reuters)

    July 16, 2025
  • MIL-OSI Analysis: Bribery in South Africa: law now puts a duty on companies to act

    Source: The Conversation – Africa – By Rehana Cassim, Professor in Company Law, University of South Africa

    Bribery is one of the most common forms of corruption in South African companies and state institutions. This has a number of harmful outcomes.

    Firstly, research shows that it weakens democracy and slows down economic growth. It also creates expensive barriers for honest businesses to succeed because it distorts fair competition. If bribery is not stopped or punished it has a demoralising effect, because it erodes trust and creates a culture where ethical conduct is undermined.

    In 2024 a new law came into force in South Africa that puts a duty on companies to take proactive steps to prevent bribery. This law falls under a broader law dealing with corruption in South Africa.

    The new provisions make it a crime for companies to fail to prevent bribery by an associated person. This is a major policy shift in South African anti-corruption law, and aligns with the United Kingdom’s anti-bribery legislation.

    An associated person is anyone who performs services for the company. This can include suppliers, joint venture partners, distributors, consultants, and other professionals advising the company. It can even be other companies, like subsidiaries.

    In my research I found that South Africa took inspiration from the United Kingdom (UK) Bribery Act 2010. The law makes it a criminal offence for commercial organisations to fail to prevent bribery by associated persons.

    Despite some successes, enforcement of the UK Bribery Act has been slow and the volume of prosecutions has been low.

    Based on my research into company conduct, given the current challenges in law enforcement and the low conviction rates for crimes of corruption, the new law might not work as well as hoped.

    But with improved enforcement, it has potential to reduce bribery in South Africa.

    What’s behind the new law?

    The new addition to the law was introduced after a commission of inquiry found evidence of widespread bribery and corruption under former president Jacob Zuma.

    For example, Angelo Agrizzi, former chief operating officer of African Global Operations (Pty) Ltd (formerly known as Bosasa), testified that Bosasa won about US$129 million in government tenders by paying about US$4 million in bribes to politicians and government officials. He said that every contract in which Bosasa was involved was linked to bribery and corruption.

    The new law is designed to prevent this from happening.

    If a person associated with a member of the private sector or an incorporated state-owned entity gives, agrees or offers to give a bribe (or gratification) to another person, the company could be held liable. This applies to companies as well as individuals, partnerships, trusts and other legal entities.

    The bribe must be given by the associated person to get business for the company or to gain a business advantage for it. Importantly, a company can be found guilty even if it didn’t know about the bribe.

    What counts as a bribe?

    A bribe (or gratification) is not just money. It includes avoiding a loss or other disadvantage, releasing any obligation or liability, or giving any favour or advantage.

    The bribe does not actually have to be given. It is enough if the associated person agrees or offers to give the bribe.

    It is not clear yet if hospitality or promotional expenditures count as bribes.

    Under the UK Bribery Act a hospitality payment is not regarded as a gratification unless it is disproportionate. In my view South Africa should follow the same approach.

    For example, if paying for transport from the airport to a hotel for an on-site visit, taking clients to dinner, or giving them tickets to an event aligns with the norms for the industry, this probably will not be seen as a bribe.

    Facilitation payments is another tricky area. These are small bribes made to minor officials to get routine administrative tasks done, such as applying for visas, clearing customs or getting licences.

    The new law doesn’t say whether facilitation payments are regarded as bribes. In my view, they should be.

    What companies need to do

    Companies can avoid liability under the new law if they can prove that they had adequate procedures in place to prevent bribery by associated persons.

    But the law doesn’t explain what “adequate procedures” are. Until the South African government provides guidance on this, it is useful to look at the guidance provided under the UK Bribery Act. It recommends the following:

    • Companies should adopt procedures that are proportionate to the bribery risks they face and the nature, scale and complexity of their activities.

    So a larger company operating in a high-risk market where bribery is known to be common must do more to prevent bribery than a smaller company in a low-risk market where bribery is less common.

    • The company’s board of directors should foster a culture where bribery is never acceptable.

    • Companies should periodically assess their exposure to potential bribery risks.

    • Companies should carry out due diligence procedures on their associated persons.

    • Companies should communicate their anti-bribery polices internally and externally. They should also provide training to ensure that everyone understands their anti-bribery position.

    • Companies should monitor their procedures and improve them where necessary.

    The way forward

    The South African government should urgently publish official guidelines to help companies understand what they must do to comply with the new law.

    The principles of South Africa’s corporate governance code, the King IV Report, can also be used to help companies comply with the new law. These principles promote ethical leadership, an ethical culture, risk management, accountability and transparency.

    Guidelines are also important for small and medium enterprises. They also have a legal duty to put in place adequate procedures to prevent bribery.

    Companies that have not already put in place anti-bribery procedures should act quickly. And they should check that their corporate hospitality policies are reasonable and proportionate to their businesses.

    Companies should also evaluate their relationships with the people associated with them.

    Setting up anti-bribery procedures may have cost implications. But not having them could cost far more. Having adequate procedures in place is the only defence under the new law.

    The Conversation

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

    – ref. Bribery in South Africa: law now puts a duty on companies to act – https://theconversation.com/bribery-in-south-africa-law-now-puts-a-duty-on-companies-to-act-260148

    MIL OSI Analysis –

    July 16, 2025
  • MIL-OSI Australia: Join the celebrations! Applications now open for the 2026 National Multicultural Festival

    Source: Northern Territory Police and Fire Services

    As part of ACT Government’s ‘One Government, One Voice’ program, we are transitioning this website across to our . You can access everything you need through this website while it’s happening.

    Released 16/07/2025

    Want to celebrate your culture, share your organisation’s valuable work, or take the stage at one of Canberra’s most beloved events? Applications are now open for performers and stallholders wishing to participate in the 2026 National Multicultural Festival, which will return from 6 – 8 February 2026.

    Minister for Multicultural Affairs, Michael Pettersson MLA, encouraged members of the community who are interested in being involved in the festival to participate in the open application process.

    “Canberra’s diverse community is the heartbeat of the National Multicultural Festival. I encourage individuals and organisations who want to help celebrate the ACT’s inclusiveness to apply to be part of the festivities,” Minister Pettersson said.

    “The fact that the National Multicultural Festival is community-led is what makes it such a vibrant and unique event, one that attracts hundreds of thousands of people to Canberra City each year,” Minister Pettersson said.

    “Participating in the National Multicultural Festival is a fantastic way to reach new audiences and make new community connections. In 2025, more households than ever attended the festival, with 83,420 – or 41% – of Canberra households attending.”

    The National Multicultural Festival promotes equality, social cohesion and the sharing of culture through music, dance, language, cultural displays, food, learning, and interaction.

    Stallholder applicants can apply under four different categories:

    • Community (Food and Beverage; Retail Cultural Market Items; or Club – Food and Beverage)
    • Information (Multicultural; Diplomatic; or General)
    • Commercial (Food and Drink; or Retail Market Items)
    • Market Stalls (Community; or Commercial)

    The festival team, which sits within the ACT Government’s Health and Community Services Directorate, will hold information sessions over the coming weeks to help prospective applicants.

    The festival also welcomes local, national and international performer applications from a wide range of genres, including music, dance, song, spoken word, performance art, roving performers and ceremonies. Community Groups, professional and volunteer performers are encouraged to apply in the following categories:

    • Cultural showcase
    • Stage performance
    • Community workshop
    • Cooking demonstration
    • Parade participation

    Minister Pettersson said non-profit community organisations could apply for grants ranging from $100 to $10,000 for projects that promote community participation, inclusion and cultural diversity at the festival. The ACT Government’s National Multicultural Festival Grant Program is available for community organisations to assist with performance costs, materials, costumes, performer and rehearsal fees, travel expenses and Public Liability Insurance.

    Applications to participate as a stallholder or performer at the festival close on 26 August.

    More information on the application process and information sessions is available at www.multiculturalfestival.com.au.

    For more information about the ACT Government’s National Multicultural Festival, go to www.multiculturalfestival.com.au and subscribe to the newsletter.

    Quote attributable to Canberra Juventus Football Club:
    “As a first-time entrant to the 2025 National Multicultural Festival, the experience of the many volunteers of the Canberra Juventus Football Club was both a memorable and special time for the club. The festival provided the opportunity and surroundings that brought together so many families and friends, as well as both past and present members and players of the long-established Italian based heritage of the Canberra football club. This coming together is what the club believes in and shows the true essence of the ‘community of Canberra Juventus’. The opportunity allowed us to showcase our Italian heritage and passion, through our specialty food and sweets, our famous Aperol Spritz with fun Italian music. Importantly, we were able to express our passion for family and football which encapsulates the club’s objectives in strengthening community. We certainly hope to do it all again in 2026!”

    Quote attributable to Robin Zirwanda, Founder of the Assyrian Australian band Azadoota:
    “The vibe of the National Multicultural Festival is really welcoming. The festival audience is really responsive and eager to experience the culture we share through our music. And because the festival attracts people from so many different cultures, there is a real sense of collaboration and sharing between the audience and the performers. It’s a great energy.”

    – Statement ends –

    Michael Pettersson, MLA | Media Releases

    «ACT Government Media Releases | «Minister Media Releases

    MIL OSI News –

    July 16, 2025
  • MIL-OSI Australia: Grants supporting community gardens now open

    Source: Northern Territory Police and Fire Services

    As part of ACT Government’s ‘One Government, One Voice’ program, we are transitioning this website across to our . You can access everything you need through this website while it’s happening.

    Released 16/07/2025

    The ACT Government has today opened the 11th round of the Community Garden Grants, which supports the growth and vitality of local gardens in the Territory.

    A total of $40,000, up to $10,000 per project, is available through this program for projects of different garden types including traditional food gardens, Indigenous bush tucker gardens, landscape gardens and sensory gardens.

    Applications for Round 11 of the Community Garden Grants program are now open and close on 5 September 2025.

    For more information and to apply, visit the Everyday Climate Choices website.

    Quotes attributable to Minister for Climate Change, Environment, Energy and Water Suzanne Orr:

    “Over the past ten years, the Community Garden Grants program has supported many projects across Canberra.

    Community gardens help reduce the urban heat island effect in our suburbs, as well as supporting the ACT to cope with the impacts of climate change and extreme weather events.

    That is why we have added the removal of artificial grass and replacement with more environmentally friendly alternatives as a priority of this program. Artificial grass can degrade into microplastics, displace natural systems that support biodiversity, and negatively impact greenhouse gas emissions and landfill.

    These grants can help with purchasing or hiring materials, equipment and tools, and to employ specialised contractors to build new gardens or enhance existing ones.

    I encourage everyone who manages a community garden or is thinking of starting one, to apply for one of these grants, which will not only promote healthy living supporting our environment, but also encourage our local communities to come together, get involved, and socialise with their neighbours.”

    Quotes attributable to Victoria Jewett and Tom Sutton, Old Narrabundah Community Centre:

    “The community garden in Narrabundah is in the heart of our suburb. The garden is overseen by the Old Narrabundah Community Council Inc which has a strong community base.

    The aim of the garden is to foster organic homegrown food and broader community involvement in the form of school participation and cooperation with local groups.

    In addition to growing vegetables, the Narrabundah Community Garden has fruit trees, berry fruits, communal plots and bee friendly areas of flowers and native habitat. Providing shelter, water and food for beneficial insects, has enriched the gardening experience in this space.

    As the gardens establish, workshops on composting, fruit tree care and soil improvement will be offered to local residents.

    Thanks to the Community Garden Grants, we have added new plots and members, repaired our shed roof and increased sustainability by installing a 5,000 Litre rainwater tank. We have also assured the future of the gardens with a new fence.

    In addition to members with plots, Friends of the Garden can also participate in working bees and growing food in some of the community plots on site. The garden is more than a place to grow food, it’s a place enjoy and be.”

    – Statement ends –

    Suzanne Orr, MLA | Media Releases

    «ACT Government Media Releases | «Minister Media Releases

    MIL OSI News –

    July 16, 2025
  • Air India to restore some international flights following reduction over crash

    Source: Government of India

    Source: Government of India (4)

    Air India said on Tuesday it would partially restore its international flight schedule that was scaled back following the crash involving its flight last month that killed 260 people.

    As part of the restoration, Air India will start a thrice-weekly service between Ahmedabad and London Heathrow from August 1 to September 30, replacing the currently operating five-times-a-week flights between Ahmedabad and London Gatwick.

    A Boeing 787 Dreamliner bound for London from the Indian city of Ahmedabad began to lose thrust and crashed shortly after takeoff on June 12. All but one of the 242 people on board and 19 others on the ground were killed.

    Air India reduced some of its international flights following the crash as part of a “safety pause” that the carrier said allowed it to perform additional precautionary checks on its Boeing 787 aircraft.

    The partial service resumption will see some flights being restored from August 1, with full restoration planned from October 1, 2025, Air India said.

    As part of the partial resumption, Air India has reduced flights to some destinations in Europe and North America. These include reductions in the frequency of Delhi-to-Paris flights to seven times a week from 12, effective August 1.

    Flights on the Delhi-Milan route have been reduced to three times a week from four earlier.

    The frequency of flights from Mumbai and Delhi to New York JFK has been cut to six times a week from seven earlier, the airline said.

    (Reuters)

    July 16, 2025
  • MIL-OSI United Kingdom: Huge majority deliver ‘leave Portsmouth alone’ message

    Source: City of Portsmouth

    The people of Portsmouth have delivered a clear directive to Government to leave Portsmouth alone.

    In a recent survey, 82% said they’re against Portsmouth being forced into Local Government Reorganisation (LGR) and having to merge with other councils.

    Just under 4,000 Portsmouth residents responded to the council-run survey, with over four-fifths voicing their objection. The short survey ran for ten days to capture local opinion ahead of a region-wide LGR survey across Hampshire and the Isle of Wight.

    “The result speaks for itself and it’s one of the most decisive answers we’ve ever had to a survey, and by far the biggest response in such a short time,” said Portsmouth City Council Leader Cllr Steve Pitt.

    “It was vital that we gave Portsmouth residents a say and the message to Government is clear, we don’t need council reorganisation here, leave Portsmouth alone.

    “Portsmouth already has one council that’s financially stable and delivers all of the council services to residents. There’s no evidence that a bigger new council will bring any benefits, but what we know is, the cost of reorganisation will be on tax-paying residents.”

    Under its national LGR plans, the Government wants to replace two-tier council areas with single, larger councils that deliver all council services. Portsmouth already has a single council, but because the Government wants new councils to deliver to an average of around 500,000 people, bigger than Portsmouth’s population, it has been told it must take part.

    The Government may not listen to Portsmouth residents and could force the city to be part of LGR. Considering this, the survey asked if Portsmouth has to merge, who it should be with. Of those who expressed a preference, 61% agree that, if forced, Portsmouth should merge with Fareham, Gosport and Havant councils.

    All other options to merge with other councils received under 10% of support.

    Individual councils must submit a final, preferred LGR option for the region to Government by September.

    So, Portsmouth City Council is working as part of a group of 12 councils across Hampshire and the Isle of Wight on options that would create four new, larger single councils to cover the mainland, with the Isle of Wight remaining separate. All options propose Portsmouth joins with Fareham, Gosport and Havant.

    A region-wide survey on these options is live and closes on Sunday 27 July. Take the survey here: https://ourplaceourfuture.commonplace.is/

    Read the full Portsmouth LGR survey results.

    MIL OSI United Kingdom –

    July 16, 2025
  • MIL-OSI Russia: Sobyanin: Moscow is the only region where a graduate received 400 points on the Unified State Exam

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    Sergei Sobyanin congratulated graduates on the end of the period unified state exam (USE), in Moscow more than 90 thousand people passed it. He wrote about this in his telegram channel.

    “For the second year in a row, the capital remains the only region where graduates showed the highest results.

    400 points Nadezhda Yashmolkina, a student at school No. 1514, scored 100 points in one subject, 1,651 Muscovites received 200 points for two exams, and four received 300 points for three subjects,” the Moscow Mayor said.

    Source: Sergei Sobyanin’s Telegram channel @mos_sobyanin 

    More and more schoolchildren are taking the Unified State Exam in natural sciences and technical subjects. The results are also improving. The number of those who scored 100 points in computer science has increased sixfold, twofold in chemistry, and 1.2 times in biology.

    For admission, graduates from the capital choose the country’s leading universities. For example, Nadezhda Yashmolkina will study at the Faculty of Applied Mathematics and Computer Science at the National Research University Higher School of Economics, and Stefania Nechaeva from School No. 1535, who received 300 points, chose the Chemistry Faculty of Lomonosov Moscow State University.

    The high achievements of young Muscovites are also the result of a special approach to preparing graduates for the Unified State Exam in the capital’s schools. Special practical training takes up at least 40 percent of the study time, and on the Moscow Electronic School platform you can watch video analysis of assignments and take tests with automatic checking.

    “The kids, together with their parents and teachers, have done a great job. Good luck and further success!” the Mayor of Moscow wrote.

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

    .

    MIL OSI Russia News –

    July 16, 2025
  • MIL-OSI Russia: US to impose 19 percent tariff on Indonesian goods – D. Trump

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    NEW YORK, July 16 (Xinhua) — Indonesia will pay a 19 percent tariff on all goods exported to the United States, while American exports to Indonesia will be exempt from tariff and non-tariff barriers, U.S. President Donald Trump said on Truth Social on Tuesday.

    “I have completed a major deal with the Republic of Indonesia after speaking with its highly respected President Prabowo Subianto. This landmark deal opens the entire Indonesian market to the United States for the first time in history,” he wrote.

    As part of the agreement, Indonesia committed to purchasing energy resources worth $15 billion and agricultural products worth $4.5 billion on the American market, as well as 50 Boeing aircraft, the head of the White House added.

    According to D. Trump, as a result of the deal, the United States will for the first time gain full access to the Indonesian market, where more than 280 million people live. –0–

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

    .

    MIL OSI Russia News –

    July 16, 2025
  • MIL-OSI Russia: Afghan authorities destroy 65 tons of expired food products in Kabul

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    KABUL, July 16 (Xinhua) — Afghan authorities collected and destroyed 65 tons of expired and substandard food products in the capital Kabul on Tuesday, Mohammad Masoud Rahimi, an official with the Food and Medicine Department of the Health Ministry, said.

    “Today, in the presence of representatives of the Intelligence Directorate and the Kabul Municipality, 65 tons of /expired and low-quality/ products, approximately 11,000 packages, were destroyed,” he said.

    The Ministry of Health is committed to protecting public safety and is determined to destroy such food and medicines, M. M. Rahimi said, adding that legal action will be taken against violators.

    According to him, since March 21, the department has collected and destroyed 140 tons of expired and low-quality food and medicine in Kabul. –0–

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

    .

    MIL OSI Russia News –

    July 16, 2025
  • MIL-OSI Russia: China and Australia sign memorandum of understanding on implementation and review of free trade agreement

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 16 (Xinhua) — China and Australia on Tuesday signed a memorandum of understanding on the implementation and review of the China-Australia Free Trade Agreement (FTA), according to the Ministry of Commerce.

    The document was signed by Chinese Minister of Commerce Wang Wentao and Australian Secretary of Foreign Affairs and Trade Ian Adams in the presence of Chinese Premier Li Qiang and Australian Prime Minister Anthony Albanese.

    Since the China-Australia free trade agreement came into effect in 2015, it has greatly contributed to the fruitful development of trade and economic relations between the two countries, the Chinese Ministry of Commerce said.

    The year 2025 marks the 10th anniversary of the China-Australia FTA coming into force. The two sides will take this opportunity to maintain close cooperation, continue high-quality implementation of the FTA, and jointly review the FTA to identify areas for further improvement or expansion, the Commerce Ministry said.

    This will increase the level of liberalization and facilitation of trade and investment, thereby providing a higher level of institutional guarantees for trade and economic cooperation between the two countries, the department added. -0-

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

    .

    MIL OSI Russia News –

    July 16, 2025
  • MIL-OSI Russia: A helicopter that went missing on its way to Magadan has been found in Russia’s Khabarovsk Krai

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    Vladivostok, July 16 (Xinhua) — The Mi-8 helicopter that went missing on Monday en route from the village of Okhotsk in Khabarovsk Krai to Magadan has been found near Cape Gadikan in Khabarovsk Krai, TASS reported, citing the press service of the Russian Emergencies Ministry.

    The helicopter was found destroyed with traces of fire 130 km northeast of the village of Okhotsk on a mountain slope. There is no information about the fate of the crew yet. Rescuers are heading to the site to survey the area where the helicopter was found. A criminal case has been opened into the disappearance of the helicopter.

    On Monday, the Mi-8 helicopter took off from Okhotsk to Magadan to its permanent deployment location. The crew failed to make contact at the appointed time, and the emergency radio beacon did not work. There were five people on board — three crew members and two technical specialists. –0–

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

    .

    MIL OSI Russia News –

    July 16, 2025
  • MIL-OSI Russia: D. Trump announced the introduction of a single tariff for small countries in the amount of slightly more than 10 percent

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    NEW YORK, July 16 (Xinhua) — The United States will impose a flat tariff of just over 10 percent on smaller countries, including many in Africa and the Caribbean, US President Donald Trump said on Tuesday.

    “We’ll probably put a single tariff on all of them,” he told reporters at Andrews Air Force Base in Maryland. That could be a duty of just over 10 percent on goods from at least 100 countries, the Associated Press quoted the president as saying.

    Earlier in the day, Trump announced a deal with Jakarta in which Indonesia will pay a 19 percent tariff on all goods exported to the United States, while American exports to the Asian country will be exempt from tariff and non-tariff barriers.

    The White House chief recently sent letters to leaders of several countries, including a number of major US trading partners, announcing 20-50 percent tariffs effective August 1.

    D. Trump also said that he could announce tariffs on pharmaceuticals at the end of July. –0–

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

    .

    MIL OSI Russia News –

    July 16, 2025
  • MIL-OSI Russia: Israel strikes Syrian forces in As-Suwayda

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    JERUSALEM, July 16 (Xinhua) — Israeli Prime Minister Benjamin Netanyahu and Defense Minister Israel Katz said on Tuesday they had ordered the military to strike Syrian forces in Syria’s southern province of As-Suwayda, claiming to protect the local Druze population.

    The move came shortly after Defense Minister Murhaf Abu Qasra announced a ceasefire in As-Suwayda after Syrian forces entered the area.

    In a joint statement, Netanyahu and Katz said they had ordered the military to “immediately strike” Syrian forces and weapons in the area to “prevent the Syrian regime from harming” the Druze because of their “deep fraternal alliance with the Druze citizens of Israel and their family and historical ties to the Druze in Syria.”

    The Israeli military said in a separate statement that it had targeted Syrian armored vehicles and rocket launchers. It said that columns of armored vehicles and tanks heading toward As-Suwayda were identified on Monday evening and their routes were also targeted in an effort to prevent them from reaching the area.

    The military added that they continue to monitor developments and are prepared for defense and various scenarios. –0–

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

    .

    MIL OSI Russia News –

    July 16, 2025
  • MIL-OSI Asia-Pac: CS visits Heilongjiang Province (with photos/video)

    Source: Hong Kong Government special administrative region

        The Chief Secretary for Administration, Mr Chan Kwok-ki, arrived in Harbin, Heilongjiang Province yesterday afternoon (July 15), to continue his visit.

        Mr Chan met with the Secretary of the CPC Heilongjiang Provincial Committee, Mr Xu Qin, to exchange views on deepening co-operation between Hong Kong and Heilongjiang Province. Mr Chan said that over the past year, Hong Kong and Heilongjiang have had mutual engagements, close exchanges and co-operation efforts that have reached an unprecedented level. At the Heilongjiang-Hong Kong Investment Cooperation Conference held in Hong Kong in March this year, the two places signed Memoranda of Understanding for strengthening co-operation on education, economics and trade, culture and tourism, sports and youth, and other fields, breaking new ground and laying a solid foundation for future co-operation. He said that Hong Kong possesses the unique advantages under the “one country, two systems” principle and a business environment that is highly market-oriented and internationalised, underpinned by the rule of law and an array of global professional talent and services. Mr Chan said he eagerly looks forward to deepening co-operation in all aspects between Hong Kong and Heilongjiang, complementing each other’s strengths,and achieving mutual benefits to make greater contributions to building a great country and realising the rejuvenation of the Chinese nation.

        Afterwards, Mr Chan attended the launch ceremony of the Hong Kong Patriotic Education Heilongjiang Study Tour under the Strive and Rise Programme. On behalf of the Hong Kong Special Administrative Region (HKSAR) Government, he expressed gratitude to the Heilongjiang Provincial Government for its strong organisational support work for the study tour, which travelled to and from Harbin by chartered flights arranged by Greater Bay Airlines. With over 130 participants, this study tour is the largest tour in scale since the launch of the Strive and Rise Programme. Mr Chan said at the event that given the rapid advancements in the country’s science and technology sectors, Heilongjiang Province has also developed various high-tech industries. He encouraged the participants to engage in different activities on the study tour to deepen the understanding of the country’s history, culture and economic development, and experience fascinating technological innovations. These will help the participants set goals for their future and strive for upward mobility.

        This morning (July 16), Mr Chan and members of the study tour visited the Exhibition Hall of Evidences of Crime Committed by Unit 731 of the Japanese Imperial Army, which is one of the first batch of 100 demonstration bases for patriotic education in the country. The visit allowed the participants to gain a deeper understanding of the crimes of Unit 731 through the displayed objects, pictures, archives, multimedia materials etc. Mr Chan said that this year marks the 80th anniversary of victory in the War of Resistance, and the exhibition hall is an important place for patriotic education. He said he hopes that members of the study tour will take this opportunity to gain a deeper understanding of the hardships in national development and building a strong nation, cultivate a deeper and firmer patriotic sentiment through recognising historical facts, and consciously shoulder the responsibility of safeguarding national security.

        In the afternoon, Mr Chan met with the Secretary of the CPC Harbin Municipal Committee, Mr Yu Hongtao. They exchanged views on promoting exchanges and co-operation in various aspects between the two places in the future. Noting that Harbin has been added as one of the Mainland cities eligible for the Individual Visit Scheme since May last year, and that direct flights between Hong Kong and Harbin have been launched, Mr Chan said that the partnerships between the two places have become closer. He expressed his hope for the two cities to work together to explore more co-operation opportunities. In addition, Mr Chan mentioned that the HKSAR Government is steadfastly carrying out the work of patriotic education, including organising more Mainland exchange and study tours. He said he expected more Hong Kong young people to visit Harbin for exchanges and study, with an aim of enhancing Hong Kong young people’s sense of identity with, sense of belonging to, and pride towards the country.

        Mr Chan will conclude his visit and return to Hong Kong this afternoon.

                           

    MIL OSI Asia Pacific News –

    July 16, 2025
  • MIL-OSI Asia-Pac: LCQ 15: Formulating a comprehensive population policy

    Source: Hong Kong Government special administrative region

    Following is a question by the Hon Nixie Lam and a written reply by the Secretary for Home and Youth Affairs, Miss Alice Mak, in the Legislative Council today (July 16):
     
    Question:

    According to data from the Census and Statistics Department, Hong Kong’s total fertility rate in 2024 was only 0.841, far below the 2.1 level required for population replacement. Furthermore, a survey by a youth service organisation indicated that only 36 per cent of young people in Hong Kong who had responded in the survey expressed a preference for marriage or childbearing. Another survey showed that just around 23.27 per cent of respondents aged between 19 and 29 expressed a desire to have children, ranking among the lowest levels globally. There are views that the Government should adopt measures to enhance marriage and fertility rates among young people and develop a comprehensive population policy to avoid population ageing and workforce shrinkage. In this connection, will the Government inform this Council:
     
    (1) whether it will commence a systematic survey and study on the marriage and fertility situation of young people in Hong Kong, so as to deeply analyse the core factors influencing their decisions regarding marriage and childbearing, particularly through assessment in areas such as financial burdens, housing difficulties and job stability, with a view to gaining a more precise understanding of their concerns and expectations; if so, of the direction and timetable of the survey and study; if not, the reasons for that;
     
    (2) as there are views pointing out that young people’s lack of knowledge and confidence in future planning and gender relations indirectly undermine their willingness to marry and have children, whether the Government will consider, through cross-departmental collaboration, integrating existing fertility support measures for young people (e.g. child-rearing subsidies, priority quotas for public housing allocation, and childcare services for working families) and consolidating such information within the Home and Youth Affairs Bureau’s “HKYouth+” mobile application, as well as adding a designated information corner to the application that covers topics such as reproductive health, sex education, and marriage and fertility support, with a view to strengthening support for young people in the aspects of affective education and reproductive health information; if so, of the timetable; if not, the reasons for that; and
     
    (3) as there are views pointing out that although the Government has established the Human Resources Planning Commission to follow up on population policy, Hong Kong’s current population policy still lacks comprehensiveness, whether the Government will review the Commission’s work or establish a task force coordinated by an official at the level of Secretary of Department to institutionally integrate cross-departmental resources, with a view to formulating more comprehensive population policy objectives for Hong Kong to address the long-term challenges of population development?
     
    Reply:
     
    President,
     
    In consultation with the Chief Secretary for Administration’s Office, the Deputy Chief Secretary for Administration’s Office, the Labour and Welfare Bureau (LWB), the Housing Bureau (HB), the Financial Services and the Treasury Bureau (FSTB) and the Health Bureau (HHB), the consolidated reply to the questions raised by the Hon Nixie Lam is as follows:
     
    (1) & (2) The Census and Statistics Department (C&SD) has been regularly collating data related to marriage and fertility trends across different age groups. The C&SD also publishes feature articles from time to time, giving a brief account of the marriage and fertility trends in Hong Kong and analysing the factors underlying such trends.
     
    Hong Kong and many countries or places worldwide are facing a decline in fertility rate. In the face of this challenge, the Government must formulate measures to raise fertility rate. As such, the Chief Executive (CE) announced in his 2023 Policy Address a host of measures to promote fertility and create a conducive environment for childbearing through a “combination punches” approach. These measures include providing Newborn Baby Bonus, giving families with newborns priority on flat selection and allocation, enhancing child care support and increasing tax concessions. Office/ bureaux implementing the measures include the Deputy Chief Secretary for Administration’s Office, the HB, the LWB, the HHB, the Home and Youth Affairs Bureau (HYAB) and the FSTB.
     
    The Hong Kong Housing Authority (HA) has implemented the Families with Newborns Allocation Priority Scheme and the Families with Newborns Flat Selection Priority Scheme to encourage childbearing by giving incentives to family applicants of public rental housing (PRH) and subsidised sale flats (SSF) sale exercises.  
     
    Regarding the allocation of PRH, the HA has implemented the Families with Newborns Allocation Priority Scheme since April 1, 2024. PRH family applications with babies born on or after October 25, 2023 and aged one or below are credited one year of waiting time. As at end-June 2025, about 5 000 PRH applications have been credited one year of waiting time under the scheme, of which about 420 families have already been successfully housed to PRH.
     
    As for SSF, starting from the Sale of Home Ownership Scheme (HOS) Flats 2024 (HOS 2024), the HA has implemented the Families with Newborns Flat Selection Priority Scheme which was announced in the 2023 Policy Address. A quota of about 40 per cent of the new flats for sale (i.e. 2 900 flats) under HOS 2024 were set aside for eligible applicants under the Families with Newborns Flat Selection Priority Scheme and the Priority Scheme for Families with Elderly Members for balloting and priority flat selection. Family applicants of HOS with babies born on or after October 25, 2023 are eligible if their children are aged three or below on the closing day of the application.
     
    During the application period of HOS 2024, the HA received a total of around 106 000 applications. Among them, around 50 000 were family applicants, of which around 19 000 (i.e. about 40 per cent) applied under the Priority Scheme for Families with Elderly Members and Families with Newborns Flat Selection Priority Scheme. Among these 19 000 applicants, 800 applicants have successfully purchased flats through the Families with Newborns Flat Selection Priority Scheme. If eligible families applying under the Families with Newborns Flat Selection Priority Scheme fail to purchase a flat under HOS 2024, they may still apply under the Scheme for priority flat selection as long as their children are aged three or below on the closing day of the application in subsequent SSF sale exercises.
     
    The Government announced in the 2023 Policy Address that a cash reward of $20,000 will be provided to eligible parents for each baby born from October 25, 2023, for a period of three years. Starting from October 25, 2023, parents can submit an application for the bonus at the same time when registering the birth of their baby and applying for a birth certificate. As of end-June 2025, a total of 49 567 qualified applications have been received, and the bonus has been distributed to 48 984 applicants, at a total amount of approximately $979 million. The Deputy Chief Secretary for Administration’s Office is carrying out a review of the Newborn Baby Bonus Scheme.
     
    The Government has been supporting parents who cannot take care of their children temporarily through subsidising non-governmental organisations (NGOs) to provide a variety of day child care services, including Child Care Centres (CCCs), the After School Care Programme and the Neighbourhood Support Child Care Project (NSCCP). To strengthen support for working families in childbearing, the Government has announced the setting up of additional 11 aided standalone CCCs in phases, doubling the total number of service places to reach around 2 000. The Government is extending the After School Care Programme for pre-primary children to cover all districts in phases, and increasing the number of service places under the NSCCP to 2 500 with the estimated number of beneficiaries increasing to 25 000. The Social Welfare Department will also provide information and assistance to private organisations applying for registration to operate CCCs, and encourage private organisations to provide child care support for their employees. Meanwhile, the Government reviews the Working Family Allowance (WFA) Scheme from time to time. The rates of the household and child allowances under the WFA Scheme have been increased by 15 per cent across the board with effect from April 2024, benefiting all households receiving the WFA. The WFA Scheme provides additional allowances for relevant childbearing families, and increasing the rates of the WFA helps further alleviate the burden of grassroots working families. Taking a four-person household with two eligible children as an example, the maximum monthly WFA they may receive have increased from the original amount of $4,200 to $4,830 at present.
     
    As regards tax concessions, starting from the year of assessment (YA) 2023/24, the basic child allowance and the additional child allowance for each child born during the YA have been raised from $120,000 to $130,000. In addition, starting from YA 2024/25, for taxpayers who live with their children born on or after October 25, 2023 and meet the prescribed conditions, the deduction ceiling for home loan interest or domestic rents will be raised from $100,000 to $120,000 for a maximum of 19 YAs. These measures can encourage childbearing by helping taxpayers to alleviate their financial burden from raising children.
     
    As regards antenatal services, currently the Obstetrics and Gynaecology Departments of the Hospital Authority and the Maternal and Child Health Centres (MCHCs) of the Department of Health (DH) provide free antenatal services for all local pregnant women who are eligible persons (who generally refer to holders of Hong Kong Identity Cards or such other persons as may be approved by the Chief Executive of the Hospital Authority/ Director of Health) to ensure the health of the pregnant women and their foetuses. The scope of services includes the first antenatal check-up, personal and family medical history, as well as various investigations and vaccinations conducted by doctors according to the clinical needs of individual pregnant women.
     
    Besides, as announced in the 2024 Policy Address, the DH will revamp maternal and child health and family planning services to strengthen pre-pregnancy counselling and parental education and promote healthy fertility. The DH will provide the new pre-pregnancy health services to reproductive age group women at the MCHCs in phases, support women in preparing for pregnancy through health consultation and counselling, health assessments, arrangement of blood tests and other investigations, and provide nutritional dietary and lifestyle advice, to align with the Government’s policy of encouraging and promoting healthy fertility, as well as protecting and advancing maternal and child health. Details on the above initiatives will be announced at an appropriate juncture. In addition, the DH will review and adjust the scope of the subsidised family planning service currently provided by NGOs, so as to dovetail with the Government’s policy of encouraging and promoting healthy fertility.
     
    The HYAB has been supporting the work of the Family Council (the Council) in promoting a culture of loving families to the general public through organising different publicity programmes and activities. In October 2024, the HYAB and the Council launched the five-year Funding Scheme on the Promotion of Family Education (the Scheme). With an annual funding of $8 million, the Scheme subsidises non-profit-making community projects in promoting family education. NGOs may, based on societal needs, apply to the Scheme for funding to implement projects related to topics such as family building, new parents, and marriage-related. On the other hand, the Council has been encouraging the wider adoption of more diversified and flexible family-friendly employment practices (FFEPs) in the community. Measures include launching promotional videos entitled “Family-friendly Workplace”, which feature various FFEPs adopted by local companies, and collaborating with the Radio Television Hong Kong to produce radio programmes to promulgate different types of FFEPs. These measures will also help foster a pro-family environment.
     
    The HYAB launched the first release of the “HKYouth+” youth mobile application in March 2024, and has been continuously updating it to cater to the needs of young people. Its content cover various areas, including personal development opportunities, local hot topics, national development, world news, arts and leisure, innovation and technology, physical and mental wellness. It aims to help young people expand their knowledge, explore interests and enrich themselves in different aspects. The HYAB will work with relevant bureaux and departments to encourage them to make use of “HKYouth+” for strengthening promotion of various support measures to the youth community.
     
    (3) The population policy straddles a wide range of policy areas, involving various bureaux. For the current term of the HKSAR Government, in addition to the standing committees, the CE and Secretaries and Deputy Secretaries of Departments are now providing high-level steer as necessary through various channels, such as working groups and inter-departmental meetings, to coordinate relevant inter-departmental work.
     
    Chaired by the Chief Secretary for Administration, the Human Resources Planning Commission (HRPC) consolidates resources and efforts of the Government and various sectors to examine, review and holistically co-ordinate policies and measures on human resources, including issues pertaining to the population policy. The HRPC is a high-level policy platform, with eight policy secretaries, including Secretary for Commerce and Economic Development, Secretary for Constitutional and Mainland Affairs, Secretary for Education, Secretary for Financial Services and the Treasury, Secretary for Health, Secretary for Innovation, Technology and Industry, Secretary for Labour and Welfare and Secretary for Security; the Government Economist; the Commissioner for Census and Statistics and the Chairmen of the Employees Retraining Board, the Hong Kong Council for Accreditation of Academic and Vocational Qualifications and the Vocational Training Council as ex-officio members; and non-official members drawn from a diverse mix of experts and stakeholders from different fields and sectors. Since its establishment in 2018, the HRPC has looked into a number of issues to tackle the demographic challenges, facilitating the Government to formulate and refine the relevant policies and measures.
     
    Currently, population policy measures have been subsumed under the portfolios of various bureaux as part of the ongoing efforts. As the Government’s existing steering and inter-departmental co-ordination mechanism are flexible and effective, the Government does not consider it necessary to set up a separate structure for the work on the population policy.

    MIL OSI Asia Pacific News –

    July 16, 2025
  • MIL-OSI Asia-Pac: LCQ3: Facilitating enterprises to list in Hong Kong

    Source: Hong Kong Government special administrative region

    LCQ3: Facilitating enterprises to list in Hong Kong 
    Question:
     
         To dovetail with the latest economic trends and corporate needs, the Securities and Futures Commission (SFC) and Hong Kong Exchanges and Clearing Limited (HKEX) are conducting a comprehensive review of the listing regime, including reviewing the listing requirements, improving the vetting process and optimising the thresholds for dual listings, so as to further facilitate the emerging sector and overseas enterprises to raise capital in Hong Kong. In this connection, will the Government inform this Council:
     
    (1) whether it will drive the HKEX and the SFC to adjust the listing thresholds for companies with weighted voting right structures and enterprises from the innovative sector, so as to further attract new economy as well as innovation and technology companies to list in Hong Kong;
     
    (2) whether it will consider driving the HKEX to enhance the public float and market capitalisation requirements for listed companies, so as to facilitate more large-scale and overseas enterprises to list in Hong Kong; and
     
    (3) whether it knows the strategies put in place by the HKEX to enhance the efficiency and flexibility of the vetting process for listing, as well as to provide stronger support and clearer guidance for overseas quality enterprises, in response to the increasingly competitive environment of the international capital market?
     
    Reply:
     
    President,
     
         As an international financial centre, Hong Kong has been taking forward high-quality development of its capital market through institutional innovation, thereby enhancing the role as a global fundraising hub. In recent years, the Government has driven the Securities and Futures Commission (SFC) and the Hong Kong Exchanges and Clearing Limited (HKEX) to introduce a series of reforms to the listing regime. These include tailored listing mechanisms for new economy enterprises with weighted voting rights (WVR) structures and technology companies, the establishment of a regulatory framework to facilitate dual primary or secondary listing of overseas listed issuers in Hong Kong, etc.
     
         With the implementation of the series of listing reforms, the primary market has shown notable vibrancy this year. In the first half of the year, Hong Kong recorded 42 initial public offerings (IPOs), raising over HK$107 billion in total, approximately 22 per cent more than the full-year total for last year and ranking first globally in the year-to-date. The number of listing applications is also increasing rapidly. At the end of June, the HKEX was processing over 200 listing applications, the highest level since the same period in 2021. Riding on the positive momentum in 2025, the HKEX and the SFC are taking forward further enhancements to the listing regime so as to boost the vitality and competitiveness of Hong Kong’s listing platform.
     
         In consultation with the SFC and the HKEX, my response to the three parts of the question is as follows:
     
    (1) and (2) To closely follow market developments, the SFC and the HKEX continuously review their listing regime and related requirements, with a view to attracting more high-quality enterprises including overseas and new economy companies to list in Hong Kong, while balancing relevant risks and investor protection. Notably, the HKEX relaxed the market capitalisation requirement for Greater China issuers seeking secondary listing in Hong Kong and removed the relevant condition of being an “innovative company”. “Grandfathered Greater China issuers” and “non-Greater China issuers” with WVR or variable interest entity structures that meet the secondary listing requirements have also been provided with greater flexibility to obtain primary listing status in Hong Kong.
     
         In September 2024, the HKEX and the SFC lowered the market capitalisation threshold at the time of listing for specialist technology companies to enhance the flexibility of the relevant listing framework. In addition, a dedicated “technology enterprises channel” (TECH) was launched in May this year to provide tailored guidance to specialist technology and biotechnology companies before they submit their listing applications, thereby providing support to issuers in their listing preparation process. The issuers may also submit listing applications confidentially, taking into account the unique characteristics of relevant enterprises. These measures are also applicable to overseas technology companies. The HKEX and the SFC will allocate resources flexibly based on application volumes to ensure efficient processing.
     
         The HKEX and the SFC are committed to improving Hong Kong’s listing regime to facilitate listing of more high-quality companies, thereby enhancing the overall competitiveness and vibrancy of Hong Kong as a listing venue. We are conducting a comprehensive review, with the scope of review to cover multiple aspects of the listing regime. In addition to supporting fundraising by enterprises, it also has to safeguard protection of investors’ interests and the overall market quality so as to attract more investors to invest in Hong Kong, which requires in-depth engagement with different stakeholders. We are aware that Dr the Hon Starry Lee and two other Members published a report last week putting forward various recommendations to further enhance the Listing Rules to attract listing of high-quality overseas issuers in Hong Kong. The relevant areas such as reviewing the specific requirements for primary, secondary and dual primary listing, as well as post-listing continuing obligations, etc, are already covered in the scope of the ongoing review by the HKEX and the SFC. Specific proposals will be considered as part of the process. The HKEX will announce relevant enhancement measures with public consultation to be conducted as appropriate once they are ready.
     
         In addition, the HKEX launched a consultation on proposals to enhance IPO price discovery and open market regulation in December 2024, which include a tiered approach to minimum public float requirements at the time of listing based on issuers’ market capitalisation, and seeking views on whether issuers should be allowed greater flexibility to maintain a lower public float post-listing. The HKEX is currently consolidating and reviewing the feedback received, and will conduct further consultation on specific proposals regarding the ongoing public float requirements.
     
    (3) We are committed to attracting companies of various sizes and with growth potential from around the world to list and raise funds in Hong Kong. To this end, the HKEX has streamlined the listing requirements for overseas issuers and introduced a set of core shareholder protection standards applicable to all issuers to facilitate compliance. The HKEX has also issued guidance for overseas issuers seeking to list in Hong Kong and published further jurisdiction-specific explanatory notes on a need basis. To facilitate fundraising by more high-quality companies in Hong Kong, the SFC and the HKEX implemented the enhanced timeframe for approval of new listing applications last year (Note), thereby improving the transparency and efficiency of the listing application process, and providing greater certainty on the vetting time. Enterprises with dual primary listing that meet the relevant eligibility criteria are currently also eligible for inclusion in Southbound trading of Stock Connect.
     
         Building on the various enhancements to the listing regime for overseas issuers, HKEX continues to review the scope of recognised stock exchanges to enable companies listed on overseas main markets to seek secondary listing in Hong Kong. Following the inclusion of the Saudi Exchange, the Indonesia Stock Exchange, the Abu Dhabi Securities Exchange and the Dubai Financial Market onto the list of recognised stock exchanges in 2023 and 2024, the HKEX further added the Stock Exchange of Thailand in March this year, bringing the total number of recognised overseas exchanges on the list to 20.
     
         Looking ahead, the Government, together with the SFC and the HKEX, will continue to step up external promotion efforts to showcase the latest developments and strengths of Hong Kong’s financial services sector, including the listing platform. Meanwhile, the HKEX will explore further expansion of the scope of recognised stock exchanges and simplification of the listing process for overseas issuers, while more proactively providing guidance to facilitate their preparations for listing in Hong Kong.
     
         Thank you, President.
     
    Note: Including confirmation within 40 business days for general new listing applications, or within 30 business days for eligible A-share companies, on whether there are any major regulatory concerns.
    Issued at HKT 14:50

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    July 16, 2025
  • MIL-OSI: Second Quarter Report 2025

    Source: GlobeNewswire (MIL-OSI)

    April – June 2025 Serstech Group

    • Net sales amounted to KSEK 4 563 (21 369).
    • EBITDA amounted to KSEK – 8 875 (5 595).
    • EBIT amounted to KSEK -10 992 (3 715).
    • Cash flow from operating activities amounted to KSEK -11 631 (-1 112).
    • Earnings per share amounted to SEK -0.04(0.02).
    • Earnings per average number of shares amounted to SEK -0.04 (0.02).

    January – June 2025 Serstech Group

    • Net sales amounted to KSEK 24 455 (35 543).
    • EBITDA amounted to KSEK – 8 204 (6 963).
    • EBIT amounted to KSEK -12 329 (3 194).
    • Cash flow from operating activities amounted to KSEK -14 772 (515).
    • Earnings per share amounted to SEK -0.05 (0.01).
    • Earnings per average number of shares amounted to SEK -0.05 (0.01).

    Message from the CEO

    The second quarter of 2025 showed lower sales, amounting to approximately 4.5 MSEK (21.4 MSEK). The lower sales in Q2 are in line with the broader market, as several companies in our sector have reported a slow quarter, largely due to geopolitical uncertainty and delayed procurement processes — particularly in the US, where several planned purchases have been put on hold. We have also seen limited customer participation at key US industry exhibitions, reflecting a cautious market sentiment.

    Despite the short-term challenges, we have continued to execute on our strategic plan. Our expanded sales team is now largely in place, with the final addition for this year starting in September. Compared to the beginning of the year, we have doubled the size of the sales team, which now consists of six dedicated sales professionals. This expanded capacity is a critical enabler for our growth ambitions, and we are already seeing positive effects in terms of opportunity pipeline development.

    In parallel, we have made strong progress on cost efficiency. Our transition to in-house production is proceeding according to plan, with pilot production starting in late summer and volume production expected to begin in Q4. All systems, suppliers, and processes are in place. This shift will reduce our cost of goods sold (COGS) significantly — well timed given the intensified price pressure we now see in the market. We have recently lost a few minor tenders on price, which reinforces the importance of our ongoing cost reduction initiatives.

    Having a production site in-house, in addition to the third-party one, will increase production capacity and resilience, and strengthen the collaboration between R&D and production. We have already made several improvements to both the product design and production process to improve quality and yield, while reducing COGS significantly.

    Our opportunity pipeline for the second half of the year remains strong. With the new sales team in place, we expect pipeline growth to accelerate further. Until now, our limited sales capacity has been the main bottleneck, requiring me to focus almost exclusively on field sales and international travel to support customer engagements.

    We successfully closed our Romanian office during the quarter and completed key recruitments in Lund. Consolidating the team under one roof will not only reduce overall costs but also improve collaboration, efficiency, and innovation. We are already seeing the benefits, with several new patent applications scheduled to be filed in the near term.

    With a stronger team, a more competitive cost structure, and a growing market need, we are well positioned for a strong second half of the year.

    Stefan Sandor, CEO
    April 2025

    For further information, please contact:
    Stefan Sandor,
    CEO, Serstech AB Phone: +46 739 606 067
    Email: ss@serstech.com

    or

    Thomas Pileby,
    Chairman of the Board, Serstech AB Phone: +46 702 072 643
    Email: tp@serstech.com
    or visit: www.serstech.com

    This is information that Serstech AB (publ.) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above at 08:45 CET on July 16, 2025.

    Certified advisor to Serstech is Svensk Kapitalmarknadsgranskning AB (SKMG).

    About Serstech

    Serstech delivers solutions for chemical identification and has customers around the world, mainly in the safety and security industry. Typical customers are customs, police authorities, security organizations and first responders. The solutions and technology are however not limited to security applications and potentially any industry using chemicals of some kind could be addressed by Serstech’s solution. Serstech’s head office is in Sweden and design, development and production are done in Sweden.

    Serstech is traded at Nasdaq First North Growth Market and more information about the company can be found at www.serstech.com

    Attachment

    • Serstech_Q2_2025

    The MIL Network –

    July 16, 2025
  • MIL-OSI: Quadient Announces Supplier Agreement with Vizient, Enhancing Access to the U.S. Healthcare Market

    Source: GlobeNewswire (MIL-OSI)

    Quadient Announces Supplier Agreement with Vizient, Enhancing Access to the U.S. Healthcare Market

    Quadient (Euronext Paris: QDT), a global automation platform powering secure and sustainable business connections, has entered into a supplier agreement with Vizient, the largest provider-driven healthcare performance improvement company in the U.S. Vizient’s diverse client base includes some of the country’s most prestigious hospitals and integrated health delivery networks. The agreement enhances opportunities for Quadient to serve healthcare providers across the continuum of care, offering contracted pricing for a wide range of the company’s digital software, mail and automated locker solutions.

    Vizient provides network-powered insights into the critical areas of clinical, operational and spend management performance and empowers clients to deliver exceptional, cost-effective care. Serving more than 65% of U.S. acute care providers and more than 35% of the non-acute market, Vizient’s contract portfolio represents $140 billion in annual purchasing volume. Through the new contract, healthcare providers have greater access to Quadient’s cutting-edge solutions designed to enhance digital patient interactions, optimize the sending and receiving of mail and packages, improve operational efficiency, increase document security and ensure regulatory compliance.

    “We are thrilled to be awarded a contract from Vizient to help healthcare organizations improve performance through more streamlined and automated workflows, leading to better patient and staff experiences” said Geoffrey Godet, CEO at Quadient. “Our strategic approach to supply chain and procurement in the mailing and communications space is rooted in a comprehensive, assessment-based process that identifies key assets and opportunities to drive efficiency and transformation for healthcare providers. We are excited to support Vizient clients with innovative, results-driven solutions that enhance operational performance and elevate the overall healthcare experience.”

    For more information about Quadient’s solutions and contract with Vizient, visit www.quadient.com and mail.quadient.com/en/healthcare-contracts/Vizient.

    About Quadient®
    Quadient is a global automation platform powering secure and sustainable business connections through digital and physical channels. Quadient supports businesses of all sizes in their digital transformation and growth journey, unlocking operational efficiency and creating meaningful customer experiences. Listed in compartment B of Euronext Paris (QDT) and part of the CAC® Mid & Small and EnterNext® Tech 40 indices, Quadient shares are eligible for PEA-PME investing. For more information about Quadient, visit http://www.quadient.com/en/.

    Media Contacts
    Joe Scolaro, Quadient
    Global Press Relations Manager
    +1 203-301-3673
    jscolaro@quadient.com

    Kiley Ribordy, Walker Sands
    Senior PR Director
    quadientpr@walkersands.com

    Attachment

    • PR Quadient Vizient Contract_EN_final

    The MIL Network –

    July 16, 2025
  • MIL-OSI United Kingdom: Air Marshal Harv Smyth appointed new Chief of the Air Staff

    Source: United Kingdom – Executive Government & Departments

    Press release

    Air Marshal Harv Smyth appointed new Chief of the Air Staff

    Air Marshal Harv Smyth will succeed Air Chief Marshal Sir Rich Knighton in August 2025.

    The Defence Secretary John Healey has confirmed that His Majesty The King has approved the appointment of the new Chief of the Air Staff.

    Air Marshal Harv Smyth will succeed Air Chief Marshal Sir Rich Knighton in August 2025. He joined the RAF in 1991 as a direct entrant and then spent 15 years as a frontline Harrier pilot and weapons instructor having flown hundreds of operational missions over Bosnia, Kosovo, Serbia, Iraq and Afghanistan.

    Since his promotion to Air Commodore in 2015, Air Marshal Smyth has held a range of command positions and is currently the Deputy Chief of the Defence Staff for Military Strategy and Operations.

    The appointment comes at a transformative time for the RAF as it moves to warfighting readiness following the publication of the Strategic Defence Review, including the recent announcement that the UK will purchase 12 F-35A fighter jets and join NATO’s nuclear mission as the government delivers greater security for working people through its Plan for Change.

    The Chief of the Air Staff is responsible for the strategic planning and delivery of all Royal Air Force operations, people and capability. The position is accountable to the Secretary of State for Defence for the fighting effectiveness, efficiency and morale as well as the development and sustainment of the RAF.

    Defence Secretary John Healey MP, said:

    I warmly congratulate Air Marshal Harv Smyth on his appointment as Chief of the Air Staff. He has outstanding credentials to lead the RAF in a crucial period of transformation for the force.

    Air Marshal Smyth has led a distinguished career to date. From spending 15 years as a frontline Harrier pilot and weapons instructor, to flying hundreds of operational missions from both land bases and aircraft carriers, to holding numerous vital command positions, he has served our nation loyally.

    I would also like to recognise Air Chief Marshal Sir Rich Knighton’s superb leadership of the RAF over the last two years. I know he and Air Marshal Smyth will work together to deliver a landmark shift in our deterrence and defence.

    The RAF is always globally deployed and ready to defend the nation. RAF pilots and aircrew are currently deployed on Operation SHADER to combat Daesh terrorists in Iraq and Syria, in Qatar as part of our joint Typhoon squadron, and in Eastern Europe as part of the NATO Enhanced Air Policing mission to deter Russia.

    Incoming Chief of the Defence Staff Air Chief Marshal Sir Rich Knighton, said:

    I am absolutely delighted that Air Marshal Harv Smyth has been selected as the next Chief of the Air Staff, and I have every confidence that he will lead the Royal Air Force brilliantly and make sure we are ready to fly and fight. 

    As I hand over to Air Marshal Smyth, I know that under his command the Royal Air Force will go from strength to strength to ensure that we are always ready to protect and promote our national interests on the world stage. I wish him every success and look forward to working with him in leadership of our Armed Forces.

    This announcement comes following Sir Rich Knighton’s promotion to Chief of the Defence Staff, a role he will take up in September.

    Air Marshal Harv Smyth, said:

    I am deeply honoured to have been selected as the next Chief of the Air Staff at such an important time for the Royal Air Force. The Strategic Defence Review makes clear the need for us to rapidly evolve and modernise to meet current and future threats and I am enormously proud to lead the Service at such a crucial point in our history. 

    I take over from Sir Rich Knighton, who has achieved so much over the past two years, preparing the Royal Air Force for the challenges that we currently face and developing the operational mindset that we need, should we transition to conflict. I share in his unwavering support for our people and am delighted to have this opportunity to lead our Whole Force as we deliver outstanding Air and Space Power for the UK and NATO.

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    Updates to this page

    Published 16 July 2025

    MIL OSI United Kingdom –

    July 16, 2025
  • MIL-OSI China: China reports 4.8-percentage-point rise in employment rate for people with disabilities over 3 years

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

    China has made steady progress in expanding employment opportunities for people with disabilities, with the national employment rate for this group increasing by 4.8 percentage points during the past three years, according to official data released Wednesday.

    These gains were achieved under the country’s first three-year action plan to promote employment of persons with disabilities (2022-2024), which helped create nearly 1.65 million new jobs for such people in both urban and rural areas, said Li Dongmei, vice chairperson of the China Disabled Persons’ Federation (CDPF), at a press conference.

    Almost 1.43 million people with disabilities received verified vocational training during this period — significantly improving their job readiness and skill levels, Li noted.

    In higher education, progress has also been sustained. For five consecutive years, all college graduates with disabilities have been included in employment support databases. Notably, among those seeking work, more than 85 percent have successfully secured jobs.

    To build on this momentum, the General Office of the State Council has issued a new three-year action plan (2025-2027), jointly formulated by the CDPF and 30 government departments. This plan outlines 10 targeted actions aimed at further improving employment outcomes for people with disabilities.

    According to Ren Zhanbin, director of the CDPF’s education and employment department, the new phase will follow a more precise and customized approach.

    “We aim not only to expand job opportunities, but also to ensure these jobs are well-matched to the abilities and needs of people with disabilities, and offer greater long-term stability,” Ren said.

    Under the plan, relevant government agencies and local authorities will continue to improve public services, strengthen employment support, and help the country’s 85 million people with disabilities access more and higher-quality employment opportunities.

    MIL OSI China News –

    July 16, 2025
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