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Category: Technology

  • MIL-OSI Asia-Pac: President Lai welcomes President Hilda C. Heine of Republic of the Marshall Islands with military honors  

    Source: Republic of China Taiwan

    Details
    2025-05-29
    President Lai attends 2025 Europe Day Dinner
    On the evening of May 29, President Lai Ching-te attended the 2025 Europe Day Dinner. In remarks, President Lai stated that Taiwan looks forward to further establishing institutionalized mechanisms with Europe for our trade and investment ties and hopes to take an innovative and diverse approach to sign an economic partnership agreement with the European Union, to provide a more transparent, stable, and predictable business environment for our enterprises. The president said that Taiwan will actively work alongside other democracies, including those in Europe, to jointly build resilient, promising non-red supply chains, and noted that Taiwan and Europe have endless potential for collaboration, whether it is in safeguarding freedom and democracy or advancing our economic and trade relationship. He expressed hope to further strengthen our partnership and work together toward global peace, stability, and prosperity. A transcript of President Lai’s remarks follows: Chairman [Henry] Chang (張瀚書), thank you for the invitation, and congratulations on your second term. I’m confident that under your leadership, the ECCT [European Chamber of Commerce Taiwan] will build even more bridges for cooperation between Taiwan and Europe. I would also like to thank EETO [European Economic and Trade Office] Head [Lutz] Güllner and all the European country representatives stationed in Taiwan. Your hard work over the years has helped deepen Taiwan-Europe relations and brought about such fruitful cooperation. Thank you. This year we celebrate the 75th anniversary of the Schuman Declaration. In 1950, then-French Foreign Minister Robert Schuman proposed to create a European federation dedicated to preserving peace. The declaration symbolized a new flowering in the post-war era of democracy, unity, and cooperation. As we face the geopolitical challenges and drastic economic changes of today’s world, the Schuman Declaration still speaks to us profoundly. This year is also the 80th anniversary of the end of World War II in Europe. Moving forward, Taiwan will continue to advance cooperation with our democratic partners, and will join hands with Europe to build a partnership of even greater resilience and mutual trust. Europe is Taiwan’s third largest trading partner. It is also Taiwan’s largest source of foreign direct investment. Last year, bilateral trade between Taiwan and Europe totaled US$84.7 billion. This demonstrates our vibrant economic and trade ties and reflects the high levels of confidence our businesses have in each other’s markets and systems. We look forward to Taiwan and Europe further establishing institutionalized mechanisms for our trade and investment ties. And we hope to take an innovative and diverse approach to sign an economic partnership agreement with the EU, to provide a more transparent, stable, and predictable business environment for our enterprises. Today’s Taiwan has an internationally recognized democracy and a semiconductor industry vital to global security and prosperity. This enables us to play a key role in restructuring global democratic supply chains and the economic order. In particular, we see supply chains dominated by a new authoritarian bloc expanding their influence through non-market mechanisms, price subsidies, and monopolies on resources, as they seek global control of critical technologies and manufacturing capabilities. Their actions not only distort principles of market fairness, but also threaten the international community’s basic expectations for democracy, the rule of law, and corporate responsibility. In response, Taiwan will actively work alongside other democracies, including those in Europe, to jointly build resilient, promising non-red supply chains. We will also introduce an initiative on semiconductor supply chain partnerships for global democracies. This is more than a proposal for economic cooperation; it is an alliance of shared values and advanced technology. Security in the Taiwan Strait and regional peace and stability have always been issues of mutual interest for Taiwan and Europe. So here today, on behalf of all the people of Taiwan, I would like to thank the EU and European nations for continuing to take concrete actions in public support of peace and stability across the strait. Such actions are vital to regional security and prosperity. Taiwan will continue to bolster itself to achieve real peace through strength, and will work with democratic partners to safeguard freedom and democracy, thereby showing our determination for regional peace. At this critical time, Taiwan and Europe have endless potential for collaboration, whether it’s in safeguarding freedom and democracy or advancing our economic and trade relationship. I look forward to our joining hands at this strategic juncture to further strengthen our partnership and work together toward global peace, stability, and prosperity. Also in attendance at the event was British Office Taipei Representative Ruth Bradley-Jones.

    Details
    2025-05-28
    President Lai meets US delegation led by Senator Tammy Duckworth
    On the afternoon of May 28, President Lai Ching-te met with a delegation led by United States Senator Tammy Duckworth. In remarks, President Lai thanked the US Congress and government for their longstanding and bipartisan support for Taiwan. The president stated that Taiwan will continue to strengthen cooperation with the US and jointly safeguard regional peace and stability. He pointed out that the Taiwan government has already proposed a roadmap for deepening Taiwan-US trade ties and will encourage mutual investment between Taiwanese and US businesses. He then expressed hope of deepening Taiwan-US ties and creating more niches for both sides. A translation of President Lai’s remarks follows: I warmly welcome this delegation led by Senator Duckworth, a dear friend of Taiwan. Senator Duckworth previously visited in May last year to convey congratulations after the inauguration of myself and Vice President Bi-khim Hsiao. Your bipartisan delegation was the first group from the US Senate that I met with as president. Today, you are visiting just after the first anniversary of my taking office, demonstrating the staunch support of the US and our deep friendship. On behalf of the people of Taiwan, I extend my sincere appreciation and greetings. And I invite you to come back and visit next year, the year after that, and every year. Taiwan and the US share the values of democracy and the rule of law and believe in free and open markets. Both sides embrace a common goal of peace, stability, and prosperity in the Indo-Pacific region. I thank the US Congress and government for their longstanding, bipartisan, and steadfast support for Taiwan. In 2021, to help Taiwan overcome the challenges of the COVID-19 pandemic, Senator Duckworth made a special trip here to announce that the US government would be donating vaccines to Taiwan. In recent years, Senator Duckworth has also promoted the TAIWAN Security Act, STAND with Taiwan Act, and Taiwan and America Space Assistance Act in the US Congress, all of which have further deepened Taiwan-US cooperation and steadily advanced our ties. For this, I express my deepest appreciation. I want to emphasize that the people of Taiwan have an unyielding determination to protect their homeland and free and democratic way of life. Over the past year, the government and private sector have been working together to enhance Taiwan’s whole-of-society defense resilience. The government is committed to reforming national defense, and it has proposed prioritizing special budget allocations to ensure that our defense budget exceeds three percent of GDP. This will continue to bolster Taiwan’s self-defense capabilities. Moving forward, Taiwan will continue to strengthen cooperation with the US. In addition to jointly safeguarding regional peace and stability, we also aspire to deepen bilateral trade and economic ties. At the SelectUSA Investment Summit in Washington, DC, earlier this month, Taiwan’s delegation was once again the biggest delegation attending the event – proof positive of our close economic and trade cooperation. We have already proposed a roadmap for deepening Taiwan-US trade ties. We will narrow the trade imbalance through the procurement of energy and agricultural and other industrial products from the US. We will encourage mutual investment between Taiwanese and US businesses to stimulate industrial development on both sides, especially in such industries as national defense and shipbuilding. We therefore look forward to Congress passing the US-Taiwan Expedited Double-Tax Relief Act as soon as possible, as this would deepen Taiwan-US trade ties and create more niches for business. In closing, I once again thank Senator Duckworth for making the trip to Taiwan. Let us continue to work together to elevate Taiwan-US ties. I wish you a pleasant and successful visit. Senator Duckworth then delivered remarks, saying that she is happy to be back in Taiwan and that she wanted to make sure to come back just after President Lai’s one-year anniversary of taking office to show the dedication and the outstanding friendship that we have. She noted that because no matter who is in the White House, no matter which political party is in power in Washington, DC, she has always believed that if America wants to remain a leader on the global stage, it has to show up for friends like Taiwan.  Senator Duckworth mentioned that in the years that she has been coming to Taiwan since pre-COVID times, she has seen a remarkable increase in participation in its defense and the support of the Taiwanese people for defending the homeland. She then thanked Taiwan for making the commitment to its self-defense, and also for being a partner with other nations around the world.  The STAND with Taiwan Act, the senator noted, is so named because the US wants to stand side by side with Taiwan. Pointing out that Taiwan is an important leader in the Indo-Pacific and on the global stage, she reiterated that there is support on both sides of the aisle in Washington for Taiwanese democracy, and added that the people of Taiwan are showing that they are willing to shore up their own readiness. Senator Duckworth said that whether it is delivering vaccines to Taiwan or making sure that the US National Guard works with Taiwan’s reserve forces or even with its civilian emergency response teams, these are all important components to the ongoing partnership between our nations.  Senator Duckworth indicated that there are many great opportunities moving forward beyond our military cooperation with one another. Whether it is in chip manufacturing, agricultural investments, shipbuilding, or in the healthcare field, those investments in both nations will facilitate stability and development in both our nations. She said that is why she wants to continue the Taiwan-US relationship, underlining that they are in it for the long haul. The delegation was accompanied to the Presidential Office by American Institute in Taiwan Taipei Office Director Raymond Greene.

    Details
    2025-05-27
    President Lai meets delegation led by US House Natural Resources Committee Chair Bruce Westerman
    On the afternoon of May 27, President Lai Ching-te met with a delegation led by Chair of the Natural Resources Committee of the United States House of Representatives Bruce Westerman. In remarks, President Lai stated that Taiwan and the US enjoy close industrial exchanges and continue to explore new opportunities for investment and collaboration. The president said that Taiwan will continue to increase purchases from and together build non-red supply chains with the US, expressing hope that economic and trade relations grow even closer and that both work together to jointly safeguard peace and stability throughout the region. A translation of President Lai’s remarks follows: I am delighted to meet and exchange views with members of the US House Committee on Natural Resources today. Chair Westerman, the leader of this delegation, is an old friend of Taiwan. On behalf of the people of Taiwan, I extend a very warm welcome to the delegation. I also want to thank you all for your long-term close attention to Taiwan-related affairs and your strong support for Taiwan. Taiwan and the US enjoy close ties and share ideals and values. There is an excellent foundation for cooperation between us, particularly in such areas as energy, the economy and trade, agriculture and fisheries, environmental protection, and sustainable development. In recent years, Taiwan-US ties have grown closer and closer. The US has become Taiwan’s largest destination for overseas investment, accounting for over 40 percent of Taiwan’s outbound investment. Taiwan is also the seventh largest trading partner of the US and its seventh largest export market for agricultural products. The SelectUSA Investment Summit held in Washington, DC earlier this month was the largest in its history. Taiwan’s delegation, representing 138 enterprises, was once again the biggest delegation attending the event. This shows that Taiwan and the US enjoy close industrial exchanges and continue to explore new opportunities for investment and collaboration. Looking ahead, with the global landscape changing rapidly, Taiwan will continue to increase purchases from the US, including energy resources such as natural gas and petroleum, as well as agricultural products, industrial products, and even military procurement. This will not only help balance our bilateral trade, but also strengthen development for Taiwan in energy autonomy, resilience, the economy, and trade. Taiwan and the US are also well-matched in such areas as high tech and manufacturing. As the US pursues reindustrialization and aims to become a global hub for AI, Taiwan is willing to take part and play an even more important role. We will strengthen Taiwan-US industrial cooperation and together build non-red supply chains. In addition to bringing our economic and trade relations even closer, this will also allow Taiwanese industries to remain rooted in Taiwan while expanding their global presence, helping bolster the US, and marketing worldwide. As for military exchanges, we are grateful to the US government for continuing its military sales to Taiwan and backing our efforts to upgrade our self-defense capabilities. Taiwan will continue to work with the US to jointly safeguard peace and stability throughout the region. In closing, I thank our guests once again for making the long journey here, not only offering warm friendship, but also demonstrating the staunch bipartisan support for Taiwan in the US Congress. Chair Westerman then delivered remarks, saying that it is an honor for him and his colleagues to be in Taiwan to talk about the strong relationship between the US and Taiwan and how that relationship can continue to grow in the future. The chair pointed out that natural resources are foundational to any kind of economic development, whether it is energy, which is key to manufacturing, or whether it is mining, which provides rare earth elements and all the minerals and metals needed for manufacturing. He said that as for natural resources including fish, wildlife, or timber, all are foundational to any society, but this is especially so for agriculture, noting that the US produces a lot of food and fodder and is always looking for more friends to share that with. Chair Westerman indicated that they are excited about opportunities to work with Taiwan, adding that Taiwan’s investments in the US have been greatly appreciated. He said they also are excited about the talks with the Trump administration and the future going forward on how we can have a stronger trade relationship, a stronger bilateral relationship, and how we can work with each other to help both economies grow and prosper. Chair Westerman concluded his remarks by expressing thanks for the opportunity to visit, saying that they treasure Taiwan’s friendship and our long-term relationship, and are very excited to be able to discuss in more detail how our two countries can work together. The delegation also included US House Natural Resources Committee Representatives Sarah Elfreth, Harriet Hageman, Celeste Maloy, and Nick Begich. The delegation was accompanied to the Presidential Office by American Institute in Taiwan Taipei Office Director Raymond Greene.  

    Details
    2025-05-27
    President Lai meets and hosts luncheon for delegation led by Governor Lourdes A. Leon Guerrero of Guam
    On the morning of May 27, President Lai Ching-te met with a delegation led by Governor Lourdes A. Leon Guerrero of Guam and her husband, and hosted a luncheon for the delegation at noon. In remarks, President Lai noted that this is the governor’s first trip to Taiwan, fully demonstrating the Guam government’s support and high regard for Taiwan. The president said that Guam, being the closest United States territory to Taiwan, is an important bridge for collaboration between Taiwan and the US. He stated that aside from promoting tourism, we can also explore even more opportunities for collaboration in other areas to further advance industrial development for both sides. He said that, as we begin a new chapter, we look forward to working together to generate even more momentum in bilateral cooperation and exchanges. A translation of President Lai’s remarks follows: On behalf of the people of Taiwan, I extend a warm welcome to Governor Leon Guerrero and her delegation. Last year, I transited through Guam en route for visits to Taiwan’s diplomatic allies in the Pacific. The enthusiastic reception I received from the government, legislature, people, and members of our overseas community in Guam was very touching and left me with a deep impression. During the morning tea reception hosted by Governor Leon Guerrero, we joined in singing our respective national anthems, as well as the Fanohge CHamoru. I also received at the Guam Legislature a copy of a Taiwan-friendly resolution it passed on behalf of the people of Taiwan. And I still remember to this day the striking scenery of the governor’s house and the warm reception I received there. It is therefore a great pleasure to meet with all of you today here at the Presidential Office. This is Governor Leon Guerrero’s first trip to Taiwan. Your visit fully demonstrates the Guam government’s support and high regard for Taiwan. As we begin a new chapter, we look forward to working with you to generate even more momentum in bilateral cooperation and exchanges. Taiwan and Guam are like family. We share the Austronesian spirit and culture. Our wide-ranging and mutually-beneficial collaboration is very fruitful. And now, we are facing the challenges of climate change, public health and medicine, and regional security together. The world is rapidly changing and tensions in the Indo-Pacific continue to rise. But if we combine our strengths, come together as one, and enhance cooperation, we can maintain regional peace, stability, and prosperity. Last Tuesday, I delivered an address on my first anniversary of taking office. I mentioned that for many years, Taiwan, the US, and our democratic partners have actively engaged in exchange and cooperation. Taking a market-oriented approach, we will promote an economic path of staying firmly rooted in Taiwan and expanding the global presence of our enterprises while strengthening ties with the US. Guam is the closest US territory to Taiwan. It is an important bridge for collaboration between Taiwan and the US. Last month, we were pleased to see United Airlines officially launch direct flights between Taipei and Guam. I believe this will benefit tourism and economic and trade exchanges for both sides. In the area of health care, many hospitals in Taiwan already offer referral services to patients from Guam. Both Governor Leon Guerrero and I have backgrounds in medicine. It is my hope that Taiwan and Guam can continue to work hand in hand to create even more positive outcomes from cooperation in public health and medical services. During the governor’s visit, aside from promoting tourism, we can also explore even more opportunities for collaboration in other areas. There is potential for more exchanges in aquaculture, food processing, hydroculture, manufacturing, pharmaceuticals, and recycling. This will further advance industrial development in Taiwan and Guam. In closing, I thank Governor Leon Guerrero and all our distinguished guests for backing Taiwan. I wish you all a smooth and successful visit.  Governor Leon Guerrero then delivered remarks, saying that she is very happy to come to Taiwan. She said that after learning during President Lai’s visit to Guam last year that he is a medical doctor, she felt more relaxed because healthcare colleagues are one in their endeavor to help enhance the health and well-being of people. She then expressed her heartfelt appreciation for the invitation to Taiwan.  Governor Leon Guerrero said that as they learn more about opportunities for collaboration with Taiwan, they are humbled by the hospitality they have experienced. In both of our islands, she said, hospitality is more than just a custom – it forms a part of our identities. She noted that despite being nearly 2,000 miles apart, we are connected by the Pacific Ocean and common roots, and our ancestors both value family, community, and tradition. That is why being here today, she said, she feels a strong sense of familiarity, like reconnecting with old friends. The governor remarked that Taiwan has evolved so quickly in all areas of essential life, sustenance, economy, and prosperity, adding that Taiwan’s resources in such areas as health, education, data, AI, advanced technology, aquaculture, agriculture, and commerce enhance our economic stability. She stated her belief that in collaboration and support, and working with each other, we can gain prosperity, maintain freedom and democracy, and live in peace.  Governor Leon Guerrero stated that their delegation is here to see how they can partner with Taiwan to help raise the quality of life for both our peoples, mentioning that one special concern of theirs is tourism. Tourism, she said, is the most influential engine and driver for the economy and quality of life in Guam, but they cannot have a vibrant economy and tourism without air connectivity. She added that they are prepared to help in any way to provide incentives and low-cost fees so that they can get more airlines from Taiwan to establish permanent flight schedules to Guam, so as to drive development in Guam’s tourism industry. Governor Leon Guerrero then proceeded to introduce each of the members of her delegation before remarking that while they have been very busy on this visit they are always reminded of the freedom and democracy that the people must protect. She said she looks forward to a great, strong relationship between Taiwan and Guam in cooperation on social and economic issues, in culture, marketing, tourism, and freedom and democracy. Among those in attendance were First Gentleman Jeffrey A. Cook, Chief of Staff Jon Junior Calvo, Director of the Department of Administration Edward Birn, General Manager of the Guam Visitors Bureau Regine Biscoe Lee, Deputy Executive Manager of the Guam International Airport Authority Artemio “Ricky” Hernandez, Board of Directors Chairman of the Guam International Airport Authority Brian J. Bamba, Deputy General Manager of the Guam Economic Development Authority Carlos Bordallo, Director of Landscape Management Systems Guam Bob Salas, Chairperson of the Guam Chamber of Commerce Tae Oh, President of the University of Guam Anita Borja Enriquez, and Director of the Guam Taiwan Office Felix Yen (嚴樹芬). After the meeting, President Lai, accompanied by Vice President Bi-khim Hsiao, hosted a luncheon for Governor Leon Guerrero, her husband, and the delegation.

    Details
    2025-05-27
    President Lai meets delegation from European Parliament
    On the morning of May 27, President Lai Ching-te met with a delegation from the European Parliament. In remarks, President Lai thanked the European Parliament for continuing to pay close attention to peace and stability across the Taiwan Strait and voice support for Taiwan. The president expressed hope for an even closer relationship and diversified cooperation between Taiwan and the European Union. The president said that Taiwan and the EU can work together in such areas as semiconductors, AI, and green energy to create more resilient supply chains for global democracies and contribute to global prosperity and development. A translation of President Lai’s remarks follows: I warmly welcome our guests to the Presidential Office. After being elected last year, MEPs Reinis Pozņaks and Beatrice Timgren are making their first visits to Taiwan, demonstrating support for Taiwan through concrete action. On behalf of the people of Taiwan, I extend my sincerest welcome and appreciation. I would also like to take this opportunity to thank the European Parliament for continuing to pay close attention to peace and stability across the Taiwan Strait. Just last month, the European Parliament adopted resolutions with regard to annual reports on the implementation of the European Union’s Common Foreign and Security Policy and Common Security and Defence Policy. These resolutions reaffirmed the EU’s steadfast commitment to maintaining the status quo across the Taiwan Strait. The European Parliament also condemned China for continuing to take provocative military actions against Taiwan and emphasized that Taiwan is a key democratic partner in the Indo-Pacific region. It called on the EU and its member states to continue working closely with Taiwan to strengthen economic, trade, and investment ties. Once again, I thank the European Parliament for voicing support for Taiwan. Just as MEPs Pozņaks and Timgren are visiting Taiwan to strengthen Taiwan-EU exchanges, our Minister of Economic Affairs Kuo Jyh-huei (郭智輝) also led a delegation to Europe last year, marking the first in-person dialogue between high-ranking economic and trade officials of Taiwan and the EU. Moving ahead, we look forward to bringing Taiwan-EU ties even closer and to diversifying our cooperation. The EU is Taiwan’s largest source of foreign investment. Both sides are highly complementary in such areas as semiconductors, AI, and green energy. Through our joint efforts, we can create more resilient supply chains for global democracies and further contribute to global prosperity and development. Looking ahead, I hope that MEPs Pozņaks and Timgren will continue to make the case in the European Parliament for the signing of a Taiwan-EU economic partnership agreement. This would not only yield mutually beneficial development, but also consolidate economic security and boost international competitiveness for both sides. In closing, I am sure that you will gain a deeper understanding of Taiwan through this visit. Please feel welcome to come back as often as possible as we continue to elevate Taiwan-EU ties.  MEP Pozņaks then delivered remarks, saying that it is a great honor to be here and thanking everybody involved in arranging this trip that allows them the opportunity to better know Taiwan. He added that it is definitely not the last time they will be here, as Taiwan is a very beautiful country. MEP Pozņaks mentioned that he comes from Latvia, and despite their being on the other side of the world, they know how the Taiwanese people feel, because they also have a big neighbor who is claiming that Latvia belongs to them. Unfortunately, he said, there is already war in Europe, but he is confident that their situation is similar to Taiwan’s, adding that they have a neighbor who uses disinformation attacks. MEP Pozņaks said that we live in very challenging times, and that our choices will define the future of the world, asking whether it will be a world where the rule of law prevails or where physical power and aggression succeeds. Coming from a small country, he said he clearly understands that for them there is no other possibility; they must protect the world where the rule of law prevails. That is why now, he emphasized, it is very crucial for all democracies around the world to stick together to protect our freedoms, values, and democracy. MEP Timgren then delivered remarks, thanking President Lai for meeting with them and saying it is a big honor. Noting that they arrived here two days ago and that while she really loves Taiwan, its food, and the good weather, she stated that the reason they are here is because of the values that we share, our good relationships, and solidarity with other democratic countries in the world, which is important for them in Europe and in Sweden. MEP Timgren, referring to MEP Pozņaks’s earlier remarks, said that they face a big threat from Russia that is discernible even in the European Parliament. Actually, she pointed out, there is a war inside Europe that shows us how important it is that we support one another. She said that the Russian people thought it would be easy to take over Ukraine, but it was not, because all European countries stepped up and provided weapons and support. And that is why, MEP Timgren said, it is important that democratic countries maintain good relationships and let China and Russia see that we have good relationships, because a part of defense is solidarity. In closing, she expressed her gratitude for having the honor to be here in this beautiful country.

    Details
    2025-05-20
    President Lai interviewed by Nippon Television and Yomiuri TV
    In a recent interview on Nippon Television’s news zero program, President Lai Ching-te responded to questions from host Mr. Sakurai Sho and Yomiuri TV Shanghai Bureau Chief Watanabe Masayo on topics including reflections on his first year in office, cross-strait relations, China’s military threats, Taiwan-United States relations, and Taiwan-Japan relations. The interview was broadcast on the evening of May 19. During the interview, President Lai stated that China intends to change the world’s rules-based international order, and that if Taiwan were invaded, global supply chains would be disrupted. Therefore, he said, Taiwan will strengthen its national defense, prevent war by preparing for war, and achieve the goal of peace. The president also noted that Taiwan’s purpose for developing drones is based on national security and industrial needs, and that Taiwan hopes to collaborate with Japan. He then reiterated that China’s threats are an international problem, and expressed hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war. Following is the text of the questions and the president’s responses: Q: How do you feel as you are about to round out your first year in office? President Lai: When I was young, I was determined to practice medicine and save lives. When I left medicine to go into politics, I was determined to transform Taiwan. And when I was sworn in as president on May 20 last year, I was determined to strengthen the nation. Time flies, and it has already been a year. Although the process has been very challenging, I am deeply honored to be a part of it. I am also profoundly grateful to our citizens for allowing me the opportunity to give back to our country. The future will certainly be full of more challenges, but I will do everything I can to unite the people and continue strengthening the nation. That is how I am feeling now. Q: We are now coming up on the 80th anniversary of the end of World War II, and over this period, we have often heard that conflict between Taiwan and the mainland is imminent. Do you personally believe that a cross-strait conflict could happen? President Lai: The international community is very much aware that China intends to replace the US and change the world’s rules-based international order, and annexing Taiwan is just the first step. So, as China’s military power grows stronger, some members of the international community are naturally on edge about whether a cross-strait conflict will break out. The international community must certainly do everything in its power to avoid a conflict in the Taiwan Strait; there is too great a cost. Besides causing direct disasters to both Taiwan and China, the impact on the global economy would be even greater, with estimated losses of US$10 trillion from war alone – that is roughly 10 percent of the global GDP. Additionally, 20 percent of global shipping passes through the Taiwan Strait and surrounding waters, so if a conflict breaks out in the strait, other countries including Japan and Korea would suffer a grave impact. For Japan and Korea, a quarter of external transit passes through the Taiwan Strait and surrounding waters, and a third of the various energy resources and minerals shipped back from other countries pass through said areas. If Taiwan were invaded, global supply chains would be disrupted, and therefore conflict in the Taiwan Strait must be avoided. Such a conflict is indeed avoidable. I am very thankful to Prime Minister of Japan Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as US President Donald Trump and former President Joe Biden, and the other G7 leaders, for continuing to emphasize at international venues that peace and stability across the Taiwan Strait are essential components for global security and prosperity. When everyone in the global democratic community works together, stacking up enough strength to make China’s objectives unattainable or to make the cost of invading Taiwan too high for it to bear, a conflict in the strait can naturally be avoided. Q: As you said, President Lai, maintaining peace and stability across the Taiwan Strait is also very important for other countries. How can war be avoided? What sort of countermeasures is Taiwan prepared to take to prevent war? President Lai: As Mr. Sakurai mentioned earlier, we are coming up on the 80th anniversary of the end of WWII. There are many lessons we can take from that war. First is that peace is priceless, and war has no winners. From the tragedies of WWII, there are lessons that humanity should learn. We must pursue peace, and not start wars blindly, as that would be a major disaster for humanity. In other words, we must be determined to safeguard peace. The second lesson is that we cannot be complacent toward authoritarian powers. If you give them an inch, they will take a mile. They will keep growing, and eventually, not only will peace be unattainable, but war will be inevitable. The third lesson is why WWII ended: It ended because different groups joined together in solidarity. Taiwan, Japan, and the Indo-Pacific region are all directly subjected to China’s threats, so we hope to be able to join together in cooperation. This is why we proposed the Four Pillars of Peace action plan. First, we will strengthen our national defense. Second, we will strengthen economic resilience. Third is standing shoulder to shoulder with the democratic community to demonstrate the strength of deterrence. Fourth is that as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China, and seek peace and mutual prosperity. These four pillars can help us avoid war and achieve peace. That is to say, Taiwan hopes to achieve peace through strength, prevent war by preparing for war, keeping war from happening and pursuing the goal of peace. Q: Regarding drones, everyone knows that recently, Taiwan has been actively researching, developing, and introducing drones. Why do you need to actively research, develop, and introduce new drones at this time? President Lai: This is for two purposes. The first is to meet national security needs. The second is to meet industrial development needs. Because Taiwan, Japan, and the Philippines are all part of the first island chain, and we are all democratic nations, we cannot be like an authoritarian country like China, which has an unlimited national defense budget. In this kind of situation, island nations such as Taiwan, Japan, and the Philippines should leverage their own technologies to develop national defense methods that are asymmetric and utilize unmanned vehicles. In particular, from the Russo-Ukrainian War, we see that Ukraine has successfully utilized unmanned vehicles to protect itself and prevent Russia from unlimited invasion. In other words, the Russo-Ukrainian War has already proven the importance of drones. Therefore, the first purpose of developing drones is based on national security needs. Second, the world has already entered the era of smart technology. Whether generative, agentic, or physical, AI will continue to develop. In the future, cars and ships will also evolve into unmanned vehicles and unmanned boats, and there will be unmanned factories. Drones will even be able to assist with postal deliveries, or services like Uber, Uber Eats, and foodpanda, or agricultural irrigation and pesticide spraying. Therefore, in the future era of comprehensive smart technology, developing unmanned vehicles is a necessity. Taiwan, based on industrial needs, is actively planning the development of drones and unmanned vehicles. I would like to take this opportunity to express Taiwan’s hope to collaborate with Japan in the unmanned vehicle industry. Just as we do in the semiconductor industry, where Japan has raw materials, equipment, and technology, and Taiwan has wafer manufacturing, our two countries can cooperate. Japan is a technological power, and Taiwan also has significant technological strengths. If Taiwan and Japan work together, we will not only be able to safeguard peace and stability in the Taiwan Strait and security in the Indo-Pacific region, but it will also be very helpful for the industrial development of both countries. Q: The drones you just described probably include examples from the Russo-Ukrainian War. Taiwan and China are separated by the Taiwan Strait. Do our drones need to have cross-sea flight capabilities? President Lai: Taiwan does not intend to counterattack the mainland, and does not intend to invade any country. Taiwan’s drones are meant to protect our own nation and territory. Q: Former President Biden previously stated that US forces would assist Taiwan’s defense in the event of an attack. President Trump, however, has yet to clearly state that the US would help defend Taiwan. Do you think that in such an event, the US would help defend Taiwan? Or is Taiwan now trying to persuade the US? President Lai: Former President Biden and President Trump have answered questions from reporters. Although their responses were different, strong cooperation with Taiwan under the Biden administration has continued under the Trump administration; there has been no change. During President Trump’s first term, cooperation with Taiwan was broader and deeper compared to former President Barack Obama’s terms. After former President Biden took office, cooperation with Taiwan increased compared to President Trump’s first term. Now, during President Trump’s second term, cooperation with Taiwan is even greater than under former President Biden. Taiwan-US cooperation continues to grow stronger, and has not changed just because President Trump and former President Biden gave different responses to reporters. Furthermore, the Trump administration publicly stated that in the future, the US will shift its strategic focus from Europe to the Indo-Pacific. The US secretary of defense even publicly stated that the primary mission of the US is to prevent China from invading Taiwan, maintain stability in the Indo-Pacific, and thus maintain world peace. There is a saying in Taiwan that goes, “Help comes most to those who help themselves.” Before asking friends and allies for assistance in facing threats from China, Taiwan must first be determined and prepared to defend itself. This is Taiwan’s principle, and we are working in this direction, making all the necessary preparations to safeguard the nation. Q: I would like to ask you a question about Taiwan-Japan relations. After the Great East Japan Earthquake in 2011, you made an appeal to give Japan a great deal of assistance and care. In particular, you visited Sendai to offer condolences. Later, you also expressed condolences and concern after the earthquakes in Aomori and Kumamoto. What are your expectations for future Taiwan-Japan exchanges and development? President Lai: I come from Tainan, and my constituency is in Tainan. Tainan has very deep ties with Japan, and of course, Taiwan also has deep ties with Japan. However, among Taiwan’s 22 counties and cities, Tainan has the deepest relationship with Japan. I sincerely hope that both of you and your teams will have an opportunity to visit Tainan. I will introduce Tainan’s scenery, including architecture from the era of Japanese rule, Tainan’s cuisine, and unique aspects of Tainan society, and you can also see lifestyles and culture from the Showa era.  The Wushantou Reservoir in Tainan was completed by engineer Mr. Hatta Yoichi from Kanazawa, Japan and the team he led to Tainan after he graduated from then-Tokyo Imperial University. It has nearly a century of history and is still in use today. This reservoir, along with the 16,000-km-long Chianan Canal, transformed the 150,000-hectare Chianan Plain into Taiwan’s premier rice-growing area. It was that foundation in agriculture that enabled Taiwan to develop industry and the technology sector of today. The reservoir continues to supply water to Tainan Science Park. It is used by residents of Tainan, the agricultural sector, and industry, and even the technology sector in Xinshi Industrial Park, as well as Taiwan Semiconductor Manufacturing Company. Because of this, the people of Tainan are deeply grateful for Mr. Hatta and very friendly toward the people of Japan. A major earthquake, the largest in 50 years, struck Tainan on February 6, 2016, resulting in significant casualties. As mayor of Tainan at the time, I was extremely grateful to then-Prime Minister Abe, who sent five Japanese officials to the disaster site in Tainan the day after the earthquake. They were very thoughtful and asked what kind of assistance we needed from the Japanese government. They offered to provide help based on what we needed. I was deeply moved, as former Prime Minister Abe showed such care, going beyond the formality of just sending supplies that we may or may not have actually needed. Instead, the officials asked what we needed and then provided assistance based on those needs, which really moved me. Similarly, when the Great East Japan Earthquake of 2011 or the later Kumamoto earthquakes struck, the people of Tainan, under my leadership, naturally and dutifully expressed their support. Even earlier, when central Taiwan was hit by a major earthquake in 1999, Japan was the first country to deploy a rescue team to the disaster area. On February 6, 2018, after a major earthquake in Hualien, former Prime Minister Abe appeared in a video holding up a message of encouragement he had written in calligraphy saying “Remain strong, Taiwan.” All of Taiwan was deeply moved. Over the years, Taiwan and Japan have supported each other when earthquakes struck, and have forged bonds that are family-like, not just neighborly. This is truly valuable. In the future, I hope Taiwan and Japan can be like brothers, and that the peoples of Taiwan and Japan can treat one another like family. If Taiwan has a problem, then Japan has a problem; if Japan has a problem, then Taiwan has a problem. By caring for and helping each other, we can face various challenges and difficulties, and pursue a brighter future. Q: President Lai, you just used the phrase “If Taiwan has a problem, then Japan has a problem.” In the event that China attempts to invade Taiwan by force, what kind of response measures would you hope the US military and Japan’s Self-Defense Forces take? President Lai: As I just mentioned, annexing Taiwan is only China’s first step. Its ultimate objective is to change the rules-based international order. That being the case, China’s threats are an international problem. So, I would very much hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war – prevention, after all, is more important than cure.

    MIL OSI Asia Pacific News –

    June 4, 2025
  • MIL-OSI: TruGolf to Participate in the “2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow” Conference Presented by Maxim Group LLC on Wednesday, June 4th at 3:00 PM EDT – (Updated)

    Source: GlobeNewswire (MIL-OSI)

    Salt Lake City, Utah, June 03, 2025 (GLOBE NEWSWIRE) — TruGolf Holdings, Inc. (NASDAQ: TRUG), a leading golf technology company, announced today that Brenner Adams, TruGolf’s Chief Growth Officer will present at the “2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow,” presented by Maxim Group LLC, tomorrow, June 4th at 3:00 PM EDT.

    The Conference will be live on M-Vest. To attend, follow this link to register for this virtual event. https://m-vest.com/events/tmt-06032025

    About TruGolf Holdings

    TruGolf is a golf technology company, committed to making golf, easy. From innovative uses for AI to build content and enhance its image and spatial analysis, to gamified golf improvement plans, TruGolf is an industry leader in the growing technological revolution in the sport of golf. Since its founding, TruGolf has redefined what is possible in golf through technology. TruGolf’s suite of Hardware, Software, and Web Products make it easier to Play, Improve, and Enjoy the game of golf.

    Forward-Looking Statements

    Some of the statements in this release are forward-looking statements, which involve risks and uncertainties. Forward-looking statements include, without limitation, whether the Company’s compliance plan will be accepted by Nasdaq and the Company’s expected future cash needs. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ”believes,” ”estimates,” ”anticipates,” ”expects,” ”plans,” ”projects,” ”intends,” ”potential,” ”may,” ”could,” ”might,” ”will,” ”should,” ”approximately” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the SEC, which are available on the SEC’s website, www.sec.gov.

    For more information about our products and upcoming innovations, please visit TruGolf.com.

    Media Contacts:

    TruGolf: Michael Bacal: Phone: 917-886-9071; mbacal@darrowir.com Web: TruGolf.com LinkedIn: @TruGolf

    The MIL Network –

    June 4, 2025
  • MIL-OSI China: Campaign targets online misdeeds that threaten integrity of gaokao

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

    China has launched a campaign to clean up harmful and illegal content related to the national college entrance examination, or gaokao, across the internet, the Ministry of Education said recently.

    The ministry, along with the Cyberspace Administration of China and the Ministry of Public Security, announced a joint effort to investigate and punish people who participate in online activities that threaten the fairness and integrity of the exam, which will begin on Saturday.

    Authorities recently issued a stern warning reminding the public that the internet is not beyond the reach of the law. Individuals and organizations that fabricate or spread rumors, disturb public order or intentionally disseminate false information — such as by leaking fake exam questions or answers or making fraudulent admissions offers — could face criminal penalties.

    Online platforms must intensify monitoring, promptly remove posts that spread misinformation or promote illegal activities, and suspend or shut down relevant accounts.

    Particular attention should be paid to activities involving sales of fake questions or answers, organized cheating and admissions scams.

    Content generated by artificial intelligence to mimic official documents or disseminate fake exam notices is also under scrutiny.

    Students and parents are urged to access information only through official channels of education departments, testing centers and universities, and to avoid falling for scams such as those guaranteeing admissions to universities.

    The education ministry highlighted that real exam questions are top secret and are strictly protected at every stage. Any online offer of “test questions for sale” or “exclusive insider materials” is almost certainly fraudulent.

    Promotional tactics by some training agencies and media accounts, including claims of access to “confidential materials” or predictions made by “exam insiders” or AI models, were also condemned as misleading and commercially motivated.

    The public is encouraged to report any suspected illegal activity related to the gaokao to local education authorities or law enforcement. Victims of fraud should immediately contact the police to protect their legal rights.

    According to the ministry, more than 13 million students have registered for this year’s exam.

    MIL OSI China News –

    June 4, 2025
  • MIL-OSI China: BRI forum aims to boost tech connection

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

    China is set to unveil a raft of initiatives aimed at boosting international scientific and technological collaboration at the second Belt and Road Conference on Science and Technology Exchange, senior officials announced on Tuesday.

    The conference, which will be held from June 10 to 12 in Chengdu, Sichuan province, seeks to strengthen international cooperation within China’s global development network.

    Chen Jiachang, a vice-minister of science and technology, said representatives from more than 100 countries and international organizations will attend the conference, guided by the idea of building a community with a shared future for humanity.

    “The second Belt and Road Ministerial Meeting on Science and Technology Exchange will also be held during this period, in which representatives will engage in in-depth discussions on topics such as strengthening exchange and collaboration in scientific and technological innovation with member countries of the Belt and Road Initiative, as well as enhancing the global governance framework for science and technology,” Chen said.

    Li Wenqing, a vice-governor of Sichuan, highlighted a new “Double Thousand” plan, which refers to a “1,000 cooperation projects” plan and a”1,000 young scientists exchange” plan. Double Thousand, which will be introduced at the conference in partnership with Chongqing, aims to deepen collaboration with BRI countries in areas such as joint research, technology transfer, and scientific and cultural exchanges.

    Sichuan and Chongqing, strategically located at the intersection of the BRI epicenter and the Yangtze River Economic Belt, plan to leverage their strengths as hubs of the nation’s reform and opening-up efforts. They will collaborate with partner countries on joint research initiatives focusing on major core technologies in fields such as electronics information, aerospace and clean energy.

    Additionally, significant landmark projects and specialized livelihood projects related to public health, medicine and health, and environmental governance will be established in partner countries to enhance the well-being of their citizens. A series of technology transfer and transformation projects customized to the specific needs of each country will also be executed.

    Li added that young Chinese scientific talent are expected to be sponsored for learning, training and collaborative research abroad, while young foreign talent can also receive funding for short-term research and exchange activities in China. Technical training programs and academic forums will also be organized.

    Sichuan and Chongqing intend to establish a specialized coordination mechanism and allocate dedicated funds for the plan, Li noted, enhancing and deepening scientific and technological cooperation with partner countries in a comprehensive and effective manner.

    Since China proposed the Belt and Road Science, Technology and Innovation Cooperation Action Plan in 2017, it has made significant advancements in international cooperation, Chen said.

    Regarding scientific cooperation with countries involved in the BRI, China has signed more than 80 government-to-government agreements, set up more than 70 joint laboratories and established 10 international technology transfer centers in areas such as Sichuan, Chongqing and Yunnan province. Support for young foreign scientists’ short-term research and exchange activities in China has covered more than 80 percent of the countries, Chen said.

    MIL OSI China News –

    June 4, 2025
  • MIL-OSI China: China expands pediatric care in TCM hospitals

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

    An AI robot specialized in traditional Chinese medicine (TCM) provides health check service at the service robots exhibition area of the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, Sept. 7, 2020. [Photo/Xinhua]

    Over 95 percent of China’s top-tier public Traditional Chinese Medicine (TCM) hospitals have established pediatric departments as part of efforts to enhance healthcare services for children, authorities said Tuesday.

    At a press conference held by the National Administration of Traditional Chinese Medicine, officials revealed that by the end of 2023, over 95 percent of tertiary-level and 72 percent of secondary-level public TCM hospitals nationwide had set up pediatric units.

    They also noted that TCM holds unique advantages in treating common childhood illnesses and delivering preventive healthcare services.

    The administration is carrying out pilot programs that apply TCM approaches to tackle pressing childhood health issues such as obesity, scoliosis and myopia.

    By November 2025, authorities aim to achieve full pediatric department coverage in all tertiary public TCM hospitals and establish pediatric units in over 80 percent of secondary public TCM hospitals.

    MIL OSI China News –

    June 4, 2025
  • MIL-OSI China: Chinese scientists develop degradable coating to tackle marine biofouling challenges

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

    This photo taken on June 8, 2023 shows corals in the waters of Fenjiezhou Island of Hainan Province, south China. [Photo/Xinhua]

    Chinese researchers have developed an innovative degradable silicone-hydrogel coating that shows exceptional anti-biofouling performance in marine applications.

    The study, conducted by researchers from east China’s Ningbo Institute of Materials Technology and Engineering under the Chinese Academy of Sciences, has been published in the journal Small. It presents a sustainable solution for combating microbial fouling, a major challenge in terms of marine engineering and underwater infrastructure.

    Marine equipment and underwater structures often face serious biofouling problems caused by microorganisms, which can reduce performance, increase maintenance costs and create safety risks. Current solutions either use highly toxic biocides that harm marine ecosystems or eco-friendly alternatives that have limited effectiveness and durability.

    To solve this problem, the research team created a unique coating by combining a simple sol-gel method with Schiff base chemistry. This approach allowed them to mix different types of monomers — some that resist fouling, others that kill microbes, and some that make the coating flexible and able to break down over time.

    The resulting coating works in four ways to prevent biofouling: It makes surfaces amphiphilic, so organisms can’t stick, resists microbial attachment, kills attached bacteria and slowly renews itself as it degrades. Tests showed that the material is both flexible and long-lasting, with a hardness measurement of 0.135.

    In laboratory experiments, the coating demonstrated outstanding performance — killing 98.8 percent of bacteria and preventing 99.8 percent of microbial attachment.

    Yan Minglong, the study’s lead author, explained that this new coating lasts longer than current options, with an estimated 5.5-year lifespan when applied at a thickness of 200 micrometers.

    According to co-corresponding author Zhao Wenjie, this innovation could significantly improve marine equipment, such as ships and underwater structures, while being more environmentally friendly than traditional antifouling methods. The technology may also be useful in medical devices that need to resist bacterial growth.

    MIL OSI China News –

    June 4, 2025
  • MIL-OSI United Kingdom: UK commitment to the Indo-Pacific reaffirmed at global summit in Singapore

    Source: United Kingdom – Executive Government & Departments

    World news story

    UK commitment to the Indo-Pacific reaffirmed at global summit in Singapore

    In the face of an unpredictable geo-political landscape, the UK’s approach to the Indo-Pacific reflects its determination to be a dependable and forward-looking security partner in the region.

    The United Kingdom has reinforced its long-term strategic commitment to the Indo-Pacific region, emphasising the critical importance of enhancing security cooperation and defence partnerships across this vital geo political space. 

    At the annual Shangri-La Dialogue hosted by IISS, Lord Coaker and the Chief of Defence Staff led a delegation from the UK who demonstrated the UK’s continued determination to working alongside partners to address shared security challenges and uphold the rules based international system. 

    This commitment will be further demonstrated this summer as the UK’s Carrier Strike Group visits the region – providing another opportunity to reinforce the UK’s commitment to a free and open Indo-Pacific. 

    And all this engagement is helping to strengthen the UK’s industrial base and create high-skilled jobs while also driving mutual prosperity and security across the Indo-Pacific. 

    Colonel Eddie Maskell-Pedersen, Head of the British Defence Staff in South East Asia said: 

    It’s been a great year for UK Defence activity in this region already. In Singapore alone we’ve had the Commander of UK Strategic Command attending the Defence Technology Summit, a bilateral visit from our Chief of the Air Staff, the Director of Development from the Royal Navy attending IMDEX along with a formal port call from HMS SPEY.   

    Our Defence cooperation with Singapore and with our partners across this region is going from strength-to-strength and our Global Defence Network looks forward to continuing to support the positive momentum we have across Southeast Asia.

    British High Commissioner to Singapore Nik Mehta said: 

    Singapore has yet again played host to a fantastic opportunity for regional defence engagement, and the UK delegation has had the chance to strengthen our relationships with this critical part of the world and underline our commitment to a free and open Indo-Pacific. 

    Following hot-on-the-heels of this event we have our Carrier Strike Group visiting the region, providing a crowning moment for our relations with Singapore and across the Indo-Pacific.

    His Majesty’s Trade Commissioner for Asia Pacific Martin Kent said: 

    The security and prosperity of the Indo-Pacific is indivisible from that of the Euro-Atlantic – and closer partnership has never been so vital. 

    The UK is a defence industrial superpower, with defence and security exports to Asia Pacific worth over £2.1bn in 2023. The UK delegation at this year’s Dialogue and the upcoming visit of the Carrier Strike Group highlight the strength of our defence industrial base, and our commitment to building mutual security and prosperity with the region. 

    Notes to editors

    • The UK High Commissioner to Singapore also posted about the Shangri-La Dialogue on his LinkedIn – Nikesh Mehta

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    Published 4 June 2025

    MIL OSI United Kingdom –

    June 4, 2025
  • MIL-Evening Report: ER Report: A Roundup of Significant Articles on EveningReport.nz for June 4, 2025

    ER Report: Here is a summary of significant articles published on EveningReport.nz on June 4, 2025.

    Artist Janenne Eaton’s retrospective is a compelling account of our troubled times
    Source: The Conversation (Au and NZ) – By Julie Shiels, Senior Industry Fellow, RMIT University Janenne Eaton R E E F 2015 enamel paint, vinyl decals, mirror and polymer clay on canvas Geelong Gallery Gift of the artist, 2019. Photographer: Mark Ashkanasy © the artist. With bad news-overload it is easy to conclude it is

    ‘Not available in your region’: what is a VPN and how can I use one safely?
    Source: The Conversation (Au and NZ) – By Meena Jha, Head Technology and Pedagogy Cluster CML-NET, CQUniversity Australia Linaimages/Shutterstock “This video is not available in your location”. It’s a message familiar to many people trying to watch global content online. But beneath this frustration lies a deeper question – how do we navigate digital borders

    Just the ticket? The problem with local body candidates aligning with national political parties
    Source: The Conversation (Au and NZ) – By Julienne Molineaux, Senior Lecturer, School of Social Sciences and Humanities, Auckland University of Technology Getty Images With accusations flying thick and fast last year about supposed “dysfunction” and a “shambles” at Wellington City Council, Local Government Minister Simeon Brown stepped in and appointed a Crown Observer. Announcing

    The chicks are alright: what songbirds can teach us about divorce and moving on
    Source: The Conversation (Au and NZ) – By Frigg Janne Daan Speelman, PhD Candidate in Behavioural Ecology, Macquarie University Charli Davies, CC BY-NC-ND In humans, it’s very common for the traditional family structure of two parents raising children to change abruptly. Usually, this happens when the parents decide to separate. Many separated couples are able

    Former Congress staffer allowed to return to New Caledonia
    By Patrick Decloitre, RNZ Pacific correspondent French Pacific desk One of seven people transferred to mainland France almost a year ago, following the May 2024 riots in New Caledonia, has been allowed to return home, a French court has ruled. Frédérique Muliava, a former Congress staffer, was part of a group of six who were

    Ship runs aground in Fiji – then its rescue vessel capsizes
    RNZ Pacific Fiji’s Maritime Safety Authority has launched an investigation into Goundar Shipping Limited following two incidents involving its vessels. Late last month, one vessel ran aground on the reef of Ono-i-Lau, and villagers had to step in to ferry stranded passengers to nearby islands using small boats. On Monday, the Lomaiviti Princess II was

    Curious Kids: can spiders swim?
    Source: The Conversation (Au and NZ) – By Leanda Denise Mason, Vice Chancellor Research Fellow in Conservation Ecology, Edith Cowan University A great raft spider (_Dolomedes plantarius_). Salparadis/Shutterstock Can spiders swim? Waubra Preschool students, Victoria, Australia What a great question! Most spiders don’t swim by choice. But they sure can survive in water when they

    A two-state solution is gaining momentum again. Does it have a chance of success?
    Source: The Conversation (Au and NZ) – By Andrew Thomas, Lecturer in Middle East Studies, Deakin University As Israel’s devastating war in Gaza has ground on, the two-state solution to the Israeli-Palestinian conflict was thought to be “dead”. Now, it is showing signs of life again. French President Emmanuel Macron is reportedly pressing other European

    Senior public servants think GenAI will boost productivity – but are worried about the risks
    Source: The Conversation (Au and NZ) – By Helen Dickinson, Professor, Public Service Research, UNSW Sydney Many bold claims have been made about Generative Artificial Intelligence (GenAI) and its capacity to improve productivity and generate workplace efficiencies. A recent Microsoft survey found 24% of private sector leaders have already deployed GenAI across their organisations. Many

    People with severe mental illness are waiting for days in hospital EDs. Here’s how we can do better
    Source: The Conversation (Au and NZ) – By Sebastian Rosenberg, Associate Professor, Health Research Institute, University of Canberra, and Brain and Mind Centre, University of Sydney Matthew Ashmore/Shutterstock On ABC’s 4 Corners this week, psychiatrists and nurses have warned New South Wales’ mental health system is in crisis. They report some patients with severe mental

    With a government review underway, we have to ask why children bully other kids
    Source: The Conversation (Au and NZ) – By Marilyn Campbell, Professor, School of Early Childhood & Inclusive Education, Queensland University of Technology Rawpixel.com/Shutterstock The federal government has launched a “rapid review” to look at what works to prevent bullying in schools. Led by mental health experts, the review will underpin a new national standard to

    In the trade wars, there are lessons for the US from Brexit. Australia and our trading partners should take note
    Source: The Conversation (Au and NZ) – By Peter Draper, Professor, and Executive Director: Institute for International Trade, and Director of the Jean Monnet Centre of Trade and Environment, University of Adelaide General_4530/Getty While the Trump administration’s on-again, off-again trade wars wreak havoc on the business plans of the world’s exporters, the risks to the

    ‘That was rude’: why the new Broadway musical Death Becomes Her was ripe for TikTok memes
    Source: The Conversation (Au and NZ) – By Gregory Camp, Senior Lecturer, School of Music, University of Auckland, Waipapa Taumata Rau A few snippets of musicalised dialogue from the cast album of the new Broadway musical Death Becomes Her – with music and lyrics by Julia Mattison and Noel Carey, and a book by Marco

    Motarilavoa Hilda Lini, ‘a trailblazer’ for Vanuatu women in politics, dies
    RNZ Pacific Motarilavoa Hilda Lini, a pioneering Ni-Vanuatu politician, has died. Lini passed away at the Port Vila General Hospital on Sunday, according to local news media. Lini was the first woman to be elected to the Vanuatu Parliament in 1987 as a member of the National United Party. Motarilavoa Hilda Lini in 1989 .

    Fiji coup culture and political meddling in media education gets airing
    Pacific Media Watch Taieri MP Ingrid Leary reflected on her years in Fiji as a television journalist and media educator at a Fiji Centre function in Auckland celebrating Fourth Estate values and independence at the weekend. It was a reunion with former journalism professor David Robie — they had worked together as a team at

    Australia’s lowest paid workers just got a 3.5% wage increase. Their next boost could be even better
    Source: The Conversation (Au and NZ) – By John Buchanan, Professor, Discipline of Business Information Systems, University of Sydney Business School, University of Sydney Carlos Castilla/Shutterstock A week ago, the Australian Financial Review released this year’s “Rich List”. It reported the number of billionaires in Australia increased from 150 to 166 between 2024 and 2025.

    What’s a ‘Strombolian eruption?’ A volcanologist explains what happened at Mount Etna
    Source: The Conversation (Au and NZ) – By Teresa Ubide, ARC Future Fellow and Associate Professor in Igneous Petrology/Volcanology, The University of Queensland Fabrizio Villa / Getty Images On Monday morning local time, a huge cloud of ash, hot gas and rock fragments began spewing from Italy’s Mount Etna. An enormous plume was seen stretching

    The Queensland government is cancelling renewable energy projects. Can the state still reach net zero?
    Source: The Conversation (Au and NZ) – By Tony Wood, Program Director, Energy, Grattan Institute Johan Larson/Shutterstock On the surface, Queensland’s new government is doing exactly what it pledged before winning office in October – repealing the state’s ambitious renewable energy targets and cancelling a huge pumped hydro project near Mackay. But since the start

    PNG’s Namah calls for tighter bio controls, patrols on Indonesian border
    By Scholar Kassas in Port Moresby A Papua New Guinea minister has raised concerns about “serious issues” at the PNG-Indonesia border due to a lack of proper security checkpoints. Culture and Tourism Minister Belden Namah, who is also the member for the border electorate Vanimo-Green, voiced these concerns while supporting a new Biosecurity for Plants

    Samoa parliament formally dissolved after months of uncertainty
    RNZ Pacific Samoa’s Parliament has been formally dissolved, and an early election is set to take place within three months. After months of political instability and two motions of no confidence, Prime Minister Fiāme Naomi Mata’afa said she would call for the dissolution of Parliament if cabinet did not support her government’s budget. MPs from

    MIL OSI Analysis – EveningReport.nz –

    June 4, 2025
  • MIL-OSI Economics: Panasonic HD develops multimodal generative AI “OmniFlow” which enables Any-to-Any generation between text, image, and audio

    Source: Panasonic

    Headline: Panasonic HD develops multimodal generative AI “OmniFlow” which enables Any-to-Any generation between text, image, and audio

    Osaka, Japan, June 4, 2025 – Panasonic Holdings Co., Ltd. (Panasonic HD) and Panasonic R&D Company of America (PRDCA), in collaboration with researchers at the University of California, Los Angeles (UCLA), have developed OmniFlow, a multimodal generative AI that can freely convert different data formats such as text, images, and audios (hereinafter referred to as “Any-to-Any”).
    In recent years, research on multimodal generative AI that realizes conversion between different data formats has been actively conducted, but since it is usually necessary to prepare all pairs of data to be handled for training data, the cost of acquiring data increases as the type of data to be handled increases. By flexibly combining generative AI (text audio, text image) specialized for each data format, OmniFlow can learn high-precision Any-to-Any models even with a small number of data (text audio images) consisting of all three sets of modalities, and has succeeded in significantly reducing the cost of creating training data. (Fig. 1)
    This technology has been internationally recognized for its advanced technology and has been accepted at CVPR 2025, a top conference for AI and Computer Vision. It will be presented at the plenary conference to be held in Nashville, USA from June 11, 2025 to June 15, 2025.

    ■Details of the technology

    Panasonic HD and PRDCA are working on research on multimodal generative AI. In recent years, multimodal generative AI that incorporates audio in addition to text and images has been attracting attention, but the method of obtaining data that includes all text, images, and audio has been limited, and it has been costly to increase variations.
    The solution to this problem is the key to accelerating the use of multimodal generative AI, and research has been actively conducted in recent years. In fact, a method that can learn even if the combination of different data including all the data formats you want to handle is not completely aligned has recently been proposed, but it is realized by averaging the input data. It can be said that there is still a lot of room for improvement in terms of expressive ability.
    On the other hand, we have developed OmniFlow, which extends the existing framework of image generation flow matching*, and can learn complex relationships between data that cannot be obtained by averaging by connecting and processing three different data features during the generation process. (Fig. 2)
    * A technology that uses Flow to find the optimal conversion path between arbitrary data.In recent years, it has been attracting attention as it has been adopted for various generative models, including image generation.

    A big advantage of OmniFlow is that you can easily connect AIs that specialize in text-to-image and text-to-audio generation into a single multimodal generative AI. (Fig. 3) Since specialized AI is excellent at generating each data, it was possible to obtain high multimodal performance without learning a large amount of data consisting of all modalities.

    In the evaluation experiment, the performance of the “text→image” and “text→audio” generation tasks was compared with existing methods. (Fig. 4) As a result, it was confirmed that OmniFlow has the best performance among any-to-any methods (Generalist) and specialized methods for each task. We also found that the data size required to train OmniFlow can be reduced to up to 1/60 compared to other any-to-any methods.

    ■Future prospects

    The newly developed OmniFlow is an any-to-any method that flexibly combines generative AI specialized for each data format (text→audio, text→image) and is highly accurate even if the number of training sheets for all three data pairs (text audio image) is small. By learning this technology in various fields such as factories and lifestyles, it will be possible to generate various types of data specialized in those sites, and it is expected to expand the range of applications of multimodal AI.
    Going forward, Panasonic HD will continue to accelerate the social implementation of AI and promote the research and development of AI technologies that contribute to the usefulness of our customers’ lives and workplaces.

    MIL OSI Economics –

    June 4, 2025
  • MIL-OSI Banking: Panasonic HD develops multimodal generative AI “OmniFlow” which enables Any-to-Any generation between text, image, and audio

    Source: Panasonic

    Headline: Panasonic HD develops multimodal generative AI “OmniFlow” which enables Any-to-Any generation between text, image, and audio

    Osaka, Japan, June 4, 2025 – Panasonic Holdings Co., Ltd. (Panasonic HD) and Panasonic R&D Company of America (PRDCA), in collaboration with researchers at the University of California, Los Angeles (UCLA), have developed OmniFlow, a multimodal generative AI that can freely convert different data formats such as text, images, and audios (hereinafter referred to as “Any-to-Any”).
    In recent years, research on multimodal generative AI that realizes conversion between different data formats has been actively conducted, but since it is usually necessary to prepare all pairs of data to be handled for training data, the cost of acquiring data increases as the type of data to be handled increases. By flexibly combining generative AI (text audio, text image) specialized for each data format, OmniFlow can learn high-precision Any-to-Any models even with a small number of data (text audio images) consisting of all three sets of modalities, and has succeeded in significantly reducing the cost of creating training data. (Fig. 1)
    This technology has been internationally recognized for its advanced technology and has been accepted at CVPR 2025, a top conference for AI and Computer Vision. It will be presented at the plenary conference to be held in Nashville, USA from June 11, 2025 to June 15, 2025.

    ■Details of the technology

    Panasonic HD and PRDCA are working on research on multimodal generative AI. In recent years, multimodal generative AI that incorporates audio in addition to text and images has been attracting attention, but the method of obtaining data that includes all text, images, and audio has been limited, and it has been costly to increase variations.
    The solution to this problem is the key to accelerating the use of multimodal generative AI, and research has been actively conducted in recent years. In fact, a method that can learn even if the combination of different data including all the data formats you want to handle is not completely aligned has recently been proposed, but it is realized by averaging the input data. It can be said that there is still a lot of room for improvement in terms of expressive ability.
    On the other hand, we have developed OmniFlow, which extends the existing framework of image generation flow matching*, and can learn complex relationships between data that cannot be obtained by averaging by connecting and processing three different data features during the generation process. (Fig. 2)
    * A technology that uses Flow to find the optimal conversion path between arbitrary data.In recent years, it has been attracting attention as it has been adopted for various generative models, including image generation.

    A big advantage of OmniFlow is that you can easily connect AIs that specialize in text-to-image and text-to-audio generation into a single multimodal generative AI. (Fig. 3) Since specialized AI is excellent at generating each data, it was possible to obtain high multimodal performance without learning a large amount of data consisting of all modalities.

    In the evaluation experiment, the performance of the “text→image” and “text→audio” generation tasks was compared with existing methods. (Fig. 4) As a result, it was confirmed that OmniFlow has the best performance among any-to-any methods (Generalist) and specialized methods for each task. We also found that the data size required to train OmniFlow can be reduced to up to 1/60 compared to other any-to-any methods.

    ■Future prospects

    The newly developed OmniFlow is an any-to-any method that flexibly combines generative AI specialized for each data format (text→audio, text→image) and is highly accurate even if the number of training sheets for all three data pairs (text audio image) is small. By learning this technology in various fields such as factories and lifestyles, it will be possible to generate various types of data specialized in those sites, and it is expected to expand the range of applications of multimodal AI.
    Going forward, Panasonic HD will continue to accelerate the social implementation of AI and promote the research and development of AI technologies that contribute to the usefulness of our customers’ lives and workplaces.

    MIL OSI Global Banks –

    June 4, 2025
  • MIL-Evening Report: Just the ticket? The problem with local body candidates aligning with national political parties

    Source: The Conversation (Au and NZ) – By Julienne Molineaux, Senior Lecturer, School of Social Sciences and Humanities, Auckland University of Technology

    Getty Images

    With accusations flying thick and fast last year about supposed “dysfunction” and a “shambles” at Wellington City Council, Local Government Minister Simeon Brown stepped in and appointed a Crown Observer.

    Announcing the move, Brown said the “financial and behavioural challenges” facing the council represented a problem under the Local Government Act. Part of the issue, Prime Minister Christopher Luxon claimed recently, was that there had been “way too much ideology and party politics”.

    With the Green-endorsed current mayor Tory Whanau withdrawing from the next election, and former Labour cabinet minister Andrew Little announcing his mayoralty bid, it remains to be seen whether those partisan perceptions have diminished.

    But at the other end of the political spectrum, the ACT Party is actively recruiting candidates to stand at the 2025 elections using its branding and policy platform. The ACT website states clear policy positions for prospective candidates to campaign on.

    The Local Government Act, on the other hand, requires elected members to consult with people affected by their decisions and to do so with an open mind. Reinforcing this point, the Office of the Auditor-General says those managing public resources must avoid holding pre-determined positions:

    You are not required to approach every decision as though you have given it no prior thought, or have no existing knowledge or opinion. However, you are required to keep an open mind, and you must be prepared to change or adjust your views if the evidence or arguments warrant it.

    If ACT is successful in building a local government ticket nationally, this tension – and the kind of tensions recently at play in Wellington – could be seen in other councils.

    Benefits of party branding

    Political party affiliations in local government are not actually the norm. In 2019, winning councillors around New Zealand mostly left the affiliation section of their nomination forms blank (60%) or stated they were “independent” (18%).

    Only 3% of winning councillors were affiliated with a registered political party, and 4% with a local grouping or ticket.

    But the picture changes in our three largest councils: Auckland Council, Christchurch City Council and Wellington City Council. No winning councillors in those cities left the affiliation section blank in 2019, 38% ran on a local ticket, and 22% for a political party.

    And there are good reasons for local body candidates to run as party-endorsed or on a local ticket, as former local body politician Shirin Brown outlined in her PhD thesis on Local Boards in Auckland: shared costs, shared resources (such as party volunteers to deliver leaflets), shared expertise and brand recognition for voters.

    Importantly, a candidate with low name recognition can coat-tail on higher profile candidates on the same ticket, or the public profile of the ticket overall. Other research suggests the strategy works: in Auckland, at least, those who stand with a group affiliation are more likely to be elected than those who do not.

    In larger urban areas, with high populations and low levels of representation per capita, visible groupings of local government candidates make sense. Research reveals a major obstacle to voting in local elections is a lack of information about candidates and what they stand for.

    Blurred party lines

    Once elected, though, there are questions about the cohesion of groupings. Shirin Brown found the ad-hoc nature of some local tickets for Auckland’s local boards – formed for strategic election reasons but with little coherence or discipline once elected – sometimes collapsed once in office.

    In Auckland, ward councillors and the mayor have run with group branding, but there is little evidence of whipping along party, ticket or broad ideological lines.

    As a councillor for the Manukau ward (2016-2022), the late Efeso Collins stood for election as a Labour Party candidate, but he voted against some initiatives of the Mayor Phil Goff, a former leader of the Labour Party.

    Communities and Residents (C&R) councillors have mostly been aligned with the National Party, but have also included ACT and unaffiliated centre-right candidates.

    While they often voted against Goff, and earlier against Labour Party member Len Brown (mayor from 2010-2016), it wasn’t always as a uniform block. Indeed, Brown’s initiatives were simultaneously opposed by Cathy Casey (City Vision) on the left and Cameron Brewer (C&R) on the right.

    Keeping an open mind

    As this year’s local elections approach, the Crown Observer for Wellington City Council, Lindsay McKenzie, has written candidate guidelines about political affiliations and their legal obligations to avoid predetermined positions.

    These cover the promises they make on the campaign trail as well as how they act once elected. They address the tension between the democratic act of signalling your values and policy positions to voters, and the requirement under the Local Government Act to make decisions based on local concerns rather than political affiliation.

    As McKenzie points out, having an open mind is not just an issue for party members. It also applies to those who stand as independents and adhere rigidly to policy positions they campaigned on.

    Irrespective of their affiliation, candidates in the upcoming local elections have a tightrope to walk – between declaring their values and policy positions, and being receptive to new information and perspectives once elected.

    Voters need to accept elected members may have access to information that was not available when they were campaigning. And the political media needs to give some leeway to councillors and mayors who change their positions.

    Julienne Molineaux 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. Just the ticket? The problem with local body candidates aligning with national political parties – https://theconversation.com/just-the-ticket-the-problem-with-local-body-candidates-aligning-with-national-political-parties-257887

    MIL OSI Analysis – EveningReport.nz –

    June 4, 2025
  • MIL-Evening Report: ‘Not available in your region’: what is a VPN and how can I use one safely?

    Source: The Conversation (Au and NZ) – By Meena Jha, Head Technology and Pedagogy Cluster CML-NET, CQUniversity Australia

    Linaimages/Shutterstock

    “This video is not available in your location”. It’s a message familiar to many people trying to watch global content online. But beneath this frustration lies a deeper question – how do we navigate digital borders safely and ethically?

    As our digital lives expand, so too does our desire for access. Maybe you want to see the latest streaming shows before they arrive in your country. Maybe you’re a sports fan wanting to watch live broadcasts of international events. Or perhaps you need to log into your company’s secure intranet while at home or overseas.

    Enter the virtual private network (VPN) – a technology that’s become as essential as antivirus software for many. With many commercial and free VPN providers on the market, interest in these services has grown in recent years.

    How does a VPN work?

    A VPN is like a secure tunnel between your device and the internet. When you use a VPN, your internal traffic is scrambled into unreadable data and routed through a remote server, which also masks your real IP address.

    Think of it like this: instead of sending a postcard with your return address, you send it in an envelope to a trusted friend overseas who mails it on your behalf. To anyone looking at the envelope, it looks like the message came from your friend and not you.

    This technique shields your identity, protects your data from snoopers, and tricks websites into thinking you are browsing from another location.

    While often marketed as tools for online privacy, VPNs have grown popular for another reason: access.

    Many people use VPNs to access geo-blocked content, secure their internet activity, work remotely – especially when handling sensitive data – and protect against online tracking and targeted advertising.




    Read more:
    What does it mean to ‘accept’ or ‘reject’ all cookies, and which should I choose?


    VPNs are legal, if a bit grey

    VPN services are offered by dozens of providers globally. Companies such as NordVPN, ProtonVPN, ExpressVPN and Surfshark offer paid subscriptions with strong security guarantees. Free VPNs also exist but come with caveats (more on this in a moment).

    In most countries, including Australia, using a VPN is completely legal.

    However, what makes it murky is what one might use it for. While using a VPN is legal, engaging in illegal activities while using one remains prohibited.

    Streaming services like Netflix or Disney+ license content by region. Using a VPN to access a foreign catalogue may violate their terms of service and potentially be grounds for account suspension.

    Australian law does not criminalise accessing geo-blocked content via VPN, but the copyright act does prohibit circumventing “technological protection measures” in certain cases.

    The grey area lies in enforcement. Technically, copyright law does ban getting around certain protections. However, the latest advice does not mention any cases where regular users have been taken to court for this kind of behaviour.

    So far, enforcement has mostly targeted websites and platforms that host or enable large-scale copyright infringement; not everyday viewers who want to watch a show a bit early.

    Beware of ‘free’ VPNs

    Not all VPNs are created equal. While premium services invest in strong encryption and privacy protections, free VPNs often make money by collecting user data – the very thing you may be trying to avoid.

    Risks of unsafe VPNs include data leaks, injection of ads or trackers into your browsing, and malware and spyware, especially in free mobile apps that claim to provide a VPN service.

    Using a poorly designed or dishonest VPN is like hiring a bodyguard who sells your location. It might give the impression of safety, but you may actually be more vulnerable than before.

    Okay, so how do I choose a VPN?

    With so many VPNs available, both free and paid, it can be hard to know which one to trust. If you are considering a VPN, here are five things to look for.

    No-log policy. A trustworthy VPN should have a strict no-log policy, meaning it does not store any records of your internet activity, connection time or IP address. This ensures even if the VPN provider is hacked, subpoenaed or pressured by a government, they have nothing to hand over.

    Strong encryption standards. Encryption is what makes your data unreadable to anyone snooping on your connection, such as hackers on public WiFi or your internet provider. A somewhat technical thing to look out for is AES 256-bit encryption – it’s extremely secure and is used by banks and governments.

    Independent audits. Reliable VPN services voluntarily undergo third-party audits to verify their privacy claims and the security of their infrastructure.

    Kill switch. A kill switch is a critical safety feature that automatically blocks internet traffic if the VPN connection drops. This prevents your real IP address and data from being exposed, even momentarily.

    Jurisdiction. VPNs are subject to the laws of the country they are based in. The countries in the Five Eyes intelligence alliance (Australia, Canada, United Kingdom, United States and New Zealand) may legally compel providers to hand over user data. If a VPN service has a strict no-log policy and does not collect information about what you do online, then even under legal pressure, there is nothing to hand over. So, you are safe.

    In an era of growing surveillance, cybercrime and corporate data collection, VPNs are essential tools for reclaiming your online privacy and data.

    But like any tool, the effectiveness (and ethics) of VPNs depend on how you use them. Next time you fire up your VPN, ask yourself – am I just dodging a digital border, or actively protecting my online freedom?

    Meena Jha 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. ‘Not available in your region’: what is a VPN and how can I use one safely? – https://theconversation.com/not-available-in-your-region-what-is-a-vpn-and-how-can-i-use-one-safely-256559

    MIL OSI Analysis – EveningReport.nz –

    June 4, 2025
  • MIL-OSI: Coach Launch Responds to Rising Sales Resistance by Championing Virtual Events for Entrepreneurial Success

    Source: GlobeNewswire (MIL-OSI)

    Melbourne, Australia, June 03, 2025 (GLOBE NEWSWIRE) — As businesses navigate an era of heightened sales resistance and growing distrust driven by AI-generated content, Coach Launch, a Melbourne-based consultancy with a global client base, has announced a strategic initiative to help entrepreneurs embrace virtual events as a scalable solution to rebuild engagement and trust. The company now offers tailored online virtual event consulting designed to replace outdated sales tactics with immersive, rapport-building digital experiences.

    AI Skepticism Fuels a New Sales Era

    Across industries, sales teams are encountering a new form of resistance—one deeply tied to the rise of artificial intelligence and automation in marketing. Potential buyers are becoming more selective, with an increased focus on authenticity and real-time engagement. According to recent findings, traditional one-to-one selling methods are proving costly and increasingly ineffective, while automated systems often fail to create the trust needed to convert modern customers.

    In response, businesses are shifting their approach, and Coach Launch is leading the way by offering a consulting model that focuses on high-impact virtual experiences.

    Virtual Events Offer an Effective Alternative

    Virtual events are emerging as a vital tool in combating sales resistance, offering entrepreneurs a way to scale outreach while maintaining a human touch. These experiences create an opportunity for businesses to connect with their audiences in real-time, delivering value, insights, and interaction that static digital content cannot match.

    “Virtual events have become a necessary evolution in business communication,” said Mr. Matthew White, spokesperson for Coach Launch. “They allow entrepreneurs to demonstrate their value in real time, answer questions, and build a genuine connection. In today’s environment, that’s what moves the needle.”

    Coach Launch specializes in guiding entrepreneurs through the entire event process—from strategy and planning to execution and follow-up—ensuring each virtual engagement is structured for both authenticity and profitability.

    Immersive Experiences Increase Engagement

    The effectiveness of virtual events lies in their immersive nature. Reports such as Immersion Causes Conversion point to a measurable link between active participation and consumer response. When attendees are drawn into a live, engaging experience, they are more likely to remember the message, build trust with the host, and take action.

    This insight is especially relevant given data from The Rise of Sales Resistance, which outlines the declining effectiveness of conventional outreach tactics such as cold emails and sales calls. In this landscape, passive strategies are falling short, and immersive approaches like live digital events are rising in value.

    Scalable and Repeatable Business Growth Model

    Coach Launch is not merely offering one-time solutions. Its consulting services are built around a repeatable framework that enables entrepreneurs to run profitable, recurring virtual events. This system allows entrepreneurs to run profitable, recurring virtual events—accessible to businesses anywhere in the world.

    Unlike conventional marketing funnels, the model empowers entrepreneurs to host sessions that engage audiences, showcase expertise, and move prospects naturally toward conversion—all within a controlled, measurable environment.

    “Our goal is to provide a roadmap that entrepreneurs can replicate,” said White. “The beauty of virtual events is in their flexibility. You can iterate, adapt, and run them as often as needed without the overhead of traditional events.”

    Coach Launch’s upcoming session will be held on April 19, 2025, with new sessions recurring every two weeks. Entrepreneurs and business leaders interested in learning more about this model are encouraged to get a free ticket and attend the next live event.

    Rebuilding Trust Through Connection

    Trust is at the heart of every business transaction, and Coach Launch emphasizes that it must be earned through transparency, interaction, and value. By replacing static content and impersonal outreach with live, human-driven experiences, entrepreneurs are reclaiming lost ground in a digitally crowded marketplace.

    Coach Launch’s approach aligns with the evolving expectations of today’s buyers, who value authenticity over automation and are more likely to engage when they feel seen and heard regardless of geography or time zone.

    About Coach Launch

    Coach Launch is a global online virtual event consulting company based in Melbourne, Australia. It specializes in helping entrepreneurs and small business owners plan, launch, and optimize profitable virtual events. As virtual event consultants, Coach Launch supports coaches, consultants, and service experts who want to run profitable virtual events in small, intimate groups with highly engaged attendees ready to buy—and do so consistently, like clockwork. With a focus on scalability, engagement, and trust-building, Coach Launch provides strategic consulting to support business growth through immersive digital experiences. Its bi-weekly events demonstrate the effectiveness of this approach, offering entrepreneurs a clear path toward modernizing their outreach methods.

    Virtual Event Consultants

    The MIL Network –

    June 4, 2025
  • MIL-OSI Security: Secretary of Defense Visits Sembawang Naval Installation, May 30, 2025 [Image 3 of 3]

    Source: United States Navy (Logistics Group Western Pacific)

    Issued by: on


    SINGAPORE (May 30, 2025) Yeoman 2nd Class Ayana Blake, center, assigned to Commander, Logistics Group Western Pacific/Task Force 73, shakes hands with Secretary of Defense Pete Hegseth after physical fitness training aboard the foc’sle of the Arleigh Burke-class guided missile destroyer USS Dewey (DDG 105), May 30, 2025. COMLOG WESTPAC supports deployed surface units and aircraft carriers, along with regional allies and partners, to facilitate patrols in the South China Sea, participation in naval exercises and responses to natural disasters. (U.S. Navy photo by Mass Communication Specialist 2nd Class Moises Sandoval/Released)

    Date Taken: 05.30.2025
    Date Posted: 05.31.2025 02:28
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  • MIL-OSI Security: Pacific Partnership 2025 Conducts Mission Stop in Philippines, June 2025 [Image 1 of 9]

    Source: United States Navy (Logistics Group Western Pacific)

    Issued by: on


    VIRAC, Philippines (June 1, 2025) – Hawaii National Guardsmen and personnel from the Armed Forces of the Philippines construct a platform used to conduct urban rescue training with local emergency responders and civilian authorities in Virac, Philippines, June 1, 2025. This effort is part of a two-week urban rescue training exercise supporting the humanitarian assistance and disaster response objectives of Pacific Partnership 2025. Now in its 21st iteration, Pacific Partnership series is the largest annual multinational humanitarian assistance and disaster management preparedness mission conducted in the Indo-Pacific. Pacific Partnership works collaboratively with host and partner nations to enhance regional interoperability and disaster response capabilities, increase security and stability in the region, and foster new and enduring friendships in the Indo-Pacific. (U.S. Navy photo by Mass Communication Specialist 2nd Class Jordan Jennings)

    Date Taken: 06.01.2025
    Date Posted: 06.03.2025 20:23
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  • MIL-OSI Security: Pacific Partnership 2025 Kicks off with urban rescue training in Virac, Philippines, June 2, 2025 [Image 6 of 9]

    Source: United States Navy (Logistics Group Western Pacific)

    Issued by: on


    VIRAC, Philippines (June 2, 2025) – Hawaii National Guard Spc. Jayeson Laga, instructs Armed Forces of the Philippines personnel, local emergency responders, and civilian authorities how to tie different knots to perform urban rescue operations in Virac, Philippines, June 2, 2025. This effort is part of a two-week urban rescue training exercise supporting the humanitarian assistance and disaster response objectives of Pacific Partnership 2025. Now in its 21st iteration, Pacific Partnership series is the largest annual multinational humanitarian assistance and disaster management preparedness mission conducted in the Indo-Pacific. Pacific Partnership works collaboratively with host and partner nations to enhance regional interoperability and disaster response capabilities, increase security and stability in the region, and foster new and enduring friendships in the Indo-Pacific. (U.S. Navy photo by Mass Communication Specialist 2nd Class Jordan Jennings)

    Date Taken: 06.02.2025
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    June 4, 2025
  • MIL-OSI Canada: Adam Scott to the Canadian Telecom Summit

    Source: Government of Canada News

    Toronto, Ontario
    June 3, 2025

    Adam Scott, Vice-Chairperson, Telecommunications
    Canadian Radio-television and Telecommunications Commission (CRTC)

    Check against delivery

    Thank you for the invitation to speak today and for that warm welcome. Before I begin, I would like to acknowledge that we are on the traditional territory of many nations, including the Mississaugas of the Credit, the Anishnabeg, the Chippewa, the Haudenosaunee and the Wendat peoples. I thank them and pay respect to their Elders.

    I received the invitation to speak at this event the exact same day that I received my Long Service Award for 25 years in the public service. And I thought, “well this is too perfect, I’ll call my speech ‘Looking back on a quarter century of telecommunications policy.’” And I’ll weave together anecdotes from my 25-year career with key moments in telecommunications policy to write a nice little speech that perfectly aligns with the 25-year history of this conference. Then somebody told me it was, in fact, the 24th edition of the Telecom Summit.

    Things don’t always line up quite as perfectly as you had hoped. Nonetheless, I would still like to spend some time looking back on –not quite – a quarter century of telecom policy.

    I have spent my career thinking about Canadian telecommunications and developing public policies to support a competitive and innovative telecommunications industry. I was at the very first Telecom Summit as a junior analyst for what was then Industry Canada – which became Innovation, Science and Economic Development Canada. I was so junior, that I was probably the only person in the room without a Blackberry. Instead, I brought a pocket full of quarters so I could stay in touch with the head office in Ottawa via pay phone, if you can believe that.

    I hearken back to those early days of this conference and my time in government not to make myself feel old – though, believe me, I feel plenty old – but to make the point that the health of Canada’s telecommunications industry and the services it offers Canadians have been top of mind for the Canadian government for a very long time.

    Throughout that time, while the specific circumstances, approaches and tools have varied, the core areas of focus have remained fundamentally the same. In fact, I’ve been explaining telecom policy by drawing the same triangle diagram for 25 years with quality, coverage, and price at the corners.

    Its apt because a triangle is a remarkably stable structure, and one where each of the sides supports, and is supported by, the two others. So I will touch on each corner in turn, describing the work we are doing on each at the CRTC, and show how we are promoting competition and consumer empowerment as foundational blocks that hold up our policy triangle.    

    Ensuring quality services for Canadians

    Let’s start with quality. The CRTC is part of the larger federal government effort to ensure Canadians have high-quality and reliable telecommunications networks. And quality is perhaps where our job has historically been least difficult, as world-class networks have been a hallmark of Canadian telecommunications.

    In terms of the Internet today, this means ongoing investment in fibre, DOCSIS upgrades, next-generation fixed wireless, and investment in LEO satellites. And in terms of cellphones, this means the rollout of modern networks which already cover most of Canada’s urban areas and are quickly becoming available in more and more rural and remote areas as well.

    We are seeing that companies are continuing to make network investments to provide the telecommunications services that Canadians need.

    Hand-in-hand with ensuring that our regulatory regime supports ongoing investment in modern networks, we are also working to ensure our networks are reliable. As the world we live in gets more unpredictable and the impact of service outages on a digital economy more severe, this is more important than ever.

    So we are developing a robust strategy and regulatory framework to help reduce the occurrence of service outages and improve network resiliency and the reliability of services. Because Canadians need to be safe in the knowledge that in an emergency, they will be able to reach out for help.

    To that end, we have already issued an interim decision on outage notification requirements for providers. We also have upcoming consultations aimed at reducing outages, mitigating their impact, and ensuring consumers are treated fairly when they do occur.

    We are committed to ensuring all Canadians have access to reliable Internet and cellphone services.

    Providing coverage for rural, remote and Indigenous communities

    This leads into the second corner of our triangle: coverage. And specifically, the challenge of getting coverage in areas where market forces alone may not meet the need. 

    Meeting this challenge when it comes to Internet coverage has been the focus of the CRTC’s Broadband Fund. The Broadband Fund team works with partners across the industry, governments and municipalities to connect communities that have previously lacked adequate or sufficient access.

    And every day we are getting closer to ensuring all Canadians have it. In 2017, 84% of Canadians had access to Internet services at speeds that meet our 50/10 universal service objective, and the gap between urban and rural parts of our country was vast: just 37% of rural, remote and Indigenous households had access to Internet at target speeds versus 97% of urban homes.

    Eight years later, more than 95% of Canada, 78% of rural households, and around 60% of homes in the Territories and on Reserves have access to 50/10 Internet. And through an array of investments, innovations, and a whole-of-government effort, we are on track to meet our goal of 100% of the country by 2030. But in many ways, the job gets harder the closer we get to our target. There is little, if any, low-hanging fruit remaining. CRTC staff are likely getting sick of hearing me say that the last steps to the finish line are often the hardest.

    As hard as they might be, we are committed to getting there. The Broadband Fund has had three calls for applications at this point, and directed funding to help connect more than 270 communities. We are continuing to deliver funding from our third call.

    In the past year alone, we have committed support across seven provinces and territories, which will improve telecommunications services along approximately 100 kilometres of major roads and help build over 2,700 kilometres of transport fibre.

    These investments will make a profound impact in those communities by improving access to health care services and education, and creating new opportunities for local businesses. And while we are pleased with this progress, we know we can do better. So we launched a review of the Broadband Fund to find ways we can improve the allocation of funding.

    To date, we have announced a number of changes, including making it faster and easier to submit a funding application, cutting down on the time it takes for us to review applications, implementing new ways to help Indigenous applicants, and improving our mapping so we can better identify roads and communities that need more help.

    We are continuing to review other aspects of the Fund so it can help us close the coverage gaps that remain across the country.

    Delivering affordable service plans for Canadians

    As we work to ensure all Canadians have access to telecommunications services, and that Canadian networks are among the highest quality in the world, we also want to make sure everyone has access to affordable choices – the third corner of our triangle.

    We are addressing a common complaint: too often, Canadians feel like they pay more than they can afford for telecommunications services.

    The Government’s February 2023 policy direction instructed the Commission to renew our approach to telecommunications policy in Canada, and to consider how our decisions could promote competition, affordability, reliability, and consumer interests.

    In the two years since that direction, we have taken action promoting those goals in both the cellphone service and Internet service markets in Canada.

    In the cellphone market, our mobile virtual network operator (or MVNO) framework allows competitors to operate on the networks of Canada’s incumbent mobile carriers. Competitors are now offering Canadians service plans in regions of the country where they previously had no presence and the impact on prices is apparent.

    Through this framework, we are fostering greater competition across Canada and creating the conditions for more affordable choices. At the same time, we know that building and maintaining high-quality networks is expensive. So we are simultaneously providing incentives for companies to continue to make facilities-based investments. For example, competitors that take advantage of MVNO access must also build-out their own networks in the new areas they serve within seven years of the framework’s launch. And our ongoing monitoring of compliance with that requirement will ramp up the closer we get to the seven-year sunset for this access in 2030.

    We are similarly focused on seeing more affordable Internet service choices available to Canadians. This is an ongoing file, with several applications before us being considered. So far, for the first time, we have provided competitors with a workable way to sell Internet services using the fibre-to-the-home networks of large telephone companies. The data showed that our previous approach to wholesale fibre didn’t produce the results that we wanted and Canadians deserved, so we pivoted. And more than a dozen companies are already using the new high-speed access framework to increase their competitive footprints.

    Canadians are seeing increased competition in the high-speed Internet marketplace, and we hope that trend will continue. Here, too, it is important to add that we have put in place incentives for continued investment – wholesale rates will be cost-based, providing the network builder the opportunity to recover their investments. And for the first time ever, any new fibre-to-the-home access built by incumbent providers is exempt from competitor access until 2029, giving network builders a head-start on recovering their investments even before cost-based wholesale competition kicks in.

    We expect continued downward pressure on telecom prices as a result of the changes we have made. And indeed, we are encouraged that year-over-year prices for Internet and cellphone services are trending in the right direction. But despite what the numbers say, many Canadians are telling us that they aren’t seeing those savings.

    We are exploring a range of options to determine how we can ensure Canadians are benefitting from greater competition. I am thrilled that increased competition has led to more and better service offerings in the marketplace. But the job isn’t done until Canadians see improvements in the bills on their kitchen tables. This is another phrase that staff will become sick of hearing me repeat.

    In fact, next week we will be holding a public hearing as part of our consultation on making it easier for consumers to shop for Internet services. This includes better labelling for Internet service plans, potentially presented the same way we see nutritional information on cereal boxes at the grocery store. Consumers deserve to have the services on offer presented to them simply and clearly, and we want them to have easy-to-compare information on each plan. This will make it easier to shop, and also make it easier to see whether consumers are getting what they pay for.

    This is one of several consumer-centric consultations we have underway. We are also looking into establishing rules that would require service providers to notify customers when their current plans or discounts are about to expire; examining what fees service providers charge that may impede switching; and seeing what additional tools or portals consumers need to manage their plans with minimal hassle.

    We look forward to finding new and innovative ideas to ensure affordable choices are available to all Canadians.

    Conclusion

    And that, I think, is a good place for me to wrap up today. The CRTC is focused on how we can best set up Canadian communications networks to deliver reliable, affordable and high-quality Internet and cellphone services to all Canadians, from coast to coast to coast. Competition and consumer empowerment are going to be pivotal.

    It’s a goal which, as I stated at the beginning, has not changed since the beginning of my career and that first Telecom Summit almost a quarter century ago. And although the frameworks, assumptions and environment may have changed, the fundamental way in which we work has not. Because at the end of the day, the CRTC relies on all Canadians, and all of you here today, to do our work.

    CRTC decisions are made only after extensive public processes, including consultations, hearings, and outreach. There is ample opportunity for everyone to get involved and help shape our regulatory work. Please do not hesitate to reach out, have your voice heard, and help us to better understand your experience of Canada’s communications systems.

    Because we know that when we work together, we can reach positive solutions for everyone in Canadian telecommunications.

    Thank you.

    MIL OSI Canada News –

    June 4, 2025
  • MIL-OSI New Zealand: Release: Govt driving away Kiwi innovators and scientists

    Source: New Zealand Labour Party

    The Government continues to obliterate science and innovation in New Zealand.

    “New Zealand’s world leading crown research institutes are being left to dwindle, and New Zealand’s best scientists are losing their jobs and leaving the country,” Labour science and innovation spokesperson Reuben Davidson said.

    “National’s decision to cut Callaghan Innovation has lost the country at least 60 skilled science jobs, meaning the expertise to commercialise great New Zealand innovations has evaporated.

    “GNS Science has axed nearly 10 percent of its workforce, despite its important work on seismic and climate research. ESR – the Institute of Environmental Science and Research – slashing eight percent of its workforce because of government cuts. NIWA was also proposing 13 percent of its workforce would have to go.

    “Cuts to the Marsden Fund, which supports important research at universities, will mean less research in public health, nursing, law, education, Māori studies, and public policy.

    “The Government has also closed the Sustainable Food and Fibre Futures fund and replaced it with a new, smaller fund, and decided not to award new funding through the Endeavour Fund in 2026.

    “They’ve taken a total of $90 million out of grants and funds in Budget 2025. This is incredibly short-sighted, and gambles with New Zealand’s technology future.

    “National is happy to turn up to events like the Hi-Tech awards and congratulate winners when the cameras are rolling in Budget week, but behind the scenes they are cutting the funding that got lots of our best innovators there,” Reuben Davidson said.


    Stay in the loop by signing up to our mailing list and following us on Facebook, Instagram, and X. 

    MIL OSI New Zealand News –

    June 4, 2025
  • MIL-OSI USA: Governor Polis Signs Bills into Law Supporting Service Members, Veterans, and Military Connected Coloradans and Families

    Source: US State of Colorado

    DENVER – Today, Governor Polis bills into law to support members of the military, veterans, and military connected families. 

    Governor Polis signed the following bills into law: 

    • SB25-279 – Colorado Code of Military Justice Updates, sponsored by Senators Matt Ball Byron Pelton, and Representatives Monica Duran and Andrew Hartsook
    • SB25-282 – Protections for Veterans Seeking Benefits, sponsored by Senators Matt Ball and Byron Pelton, and Representatives Lisa Feret and Ryan Armagost
    • HB25-1083 – Vehicle Transactions Deployed Military Families, sponsored by Representatives Eliza Hamrick and Marry Bradfield, and Senators Lisa Frizell and Dafna Michaelson Jenet 

    “Military families and veterans have long called Colorado home, and we are committed to continuing our work to expand resources for military connected Colordans by protecting veterans benefits, creating more transportation options for military families, and ensuring mission readiness for active military personnel,” said Governor Polis. 

    Governor Polis also signed SB25-304 – Measures to Address Sexual Assault Kit Backlog, sponsored by Representatives Willford and Froelich, and Senator Weissman. 

    “Everyone who has experienced sexual assault deserves justice and this new law moves us closer to ensuring that. I thank the bill sponsors for their work to address this urgent situation and help hold perpetrators accountable,” said Governor Polis. 

    Governor Polis also signed the following bills into law administratively: 

    • HB25-1031 – Law Enforcement Whistleblower Protection, sponsored by Representatives Bacon and Clifford, and Senators Roberts and B. Pelton
    • HB25-1198– Regional Planning Roundtable Commission, sponsored by Representatives Froelich and Brown, and Senator Winter
    • HB25-1313 – Modify Laws Within Purview of the Capital Development Committee, sponsored by Representatives Story and Lindsay, and Senators Mullica and Hinrichsen
    • HB25-1322 – Enforce Insurer Compliance Requests Insurance Policy, sponsored by Representatives Carter and Espenoza, and Senators Exum and Roberts
    • HB25-1329 – Foreign Third-Party Litigation Financing, sponsored by Representatives Mabrey and Soper, and Senators Frizell and Gonzales
    • SB25-083 – Limitations on Restrictive Employment Agreements, sponsored by Senators Daugherty and Frizell, and Representatives Brown and Garcia Sander
    • SB25-142 – Changes to Wildfire Resiliency Code Board, sponsored by Senators Baisley and Cutter, and Representative Velasco
    • SB25-145 – Online Cancellation of Automatic Renewal Contracts, sponsored by Senator Kipp, and Representative Lindsay and Zokaie
    • SB25-147 – Modify Board Management Public Employees’ Retirement Association, sponsored by Senators B. Pelton and Kolker, and Representatives Garcia Sander and Lukens
    • SB25-165 – Licensure of Electricians, sponsored by Senators B. Pelton and Daugherty, and Representatives Lindstedt and Woog
    • SB25-193 – Sunset Primary Care Payment Reform Collaborative, sponsored by Senators Ball and Mullica, and Representatives Garcia Sander and McCormick
    • SB25-214 – Healthy School Meals Program For All, sponsored by Senators Bridges and Amabile, and Representatives Sirota and Taggart
    • SB25-262 – Changes to Money in the Capital Construction Fund, sponsored by Senators Amabile and Kirkmeyer, and Representatives Bird and Taggart
    • SB25-268 – Changes to Money in the Marijuana Tax Cash Fund, sponsored by Senators Bridges and Kirkmeyer, and Representatives Bird and Sirota
    • SB25-271 – Repeal Obsolete Family & Medical Leave Study, sponsored by Senators Ball and Rich, and Representatives Espenoza and Luck
    • SB25-274 – Amend Delivery Requirements Wine Direct Shipping, sponsored by Senators Rodriguez and Lundeen, and Representatives Lindstedt and Hartsook
    • SB25-275 – Nonsubstantive Relocation of Definitions in Colorado Revised Statutes, sponsored by Senators Ball and Catlin, and Representatives Luck and Espenoza
    • SB25-287 – Capitol Building Advisory Committee Modifications, sponsored by Senator Michaelson Jenet and Representative Lindstedt
    • SB25-291 Division Criminal Justice Spending Authority Community Corrections, sponsored by Senators Amabile and Kirkmeyer, and Representatives Sirota and Taggart
    • SB25-293 – Transfers from License Plate Cash Fund, sponsored by Senators Bridges and Kirkmeyer, and Representatives Bird and Sirota
    • SB25-307 – Decarbonization Tax Credits Administration Cash Fund, sponsored by Senators Amabile and Bridges, and Representatives Sirota and Bird
    • SB25-311 – Inactive Cash Funds, sponsored by Senators Amabile and Kirkmeyer, and Representatives Bird and Taggart
    • SB25-314 – Recovery Audit Contractor Program, sponsored by Senators Kirkmeyer and Bridges, and Representatives Bird and Sirota
    • SB25-320 – Commercial Motor Vehicle Transportation, sponsored by Senators Bridges and Kirkmeyer, and Representatives Bird and Taggart
    • SB25-321 – Motor Vehicle Emissions Inspection Facilities, sponsored by Senators Kirkmeyer and Rodriguez, and Representatives Joseph and Gonzalez
    • SB25-317 – Transfer Cash Fund Investment Earnings to General Fund, sponsored by Senators Kirkmeyer and Bridges, and Representatives Bird and Taggart
    • HB25-1038 – Postsecondary Credit Transfer Website, sponsored by Representatives Hamrick and Johnson, and Senators Marchman and Baisley
    • HB25-1121 – Permanent Trailer Registration, sponsored by Representatives Suckla and Lukens, and Senators R. Pelton and Marchman
    • HB25-1189 – Motor Vehicle Registration Reform & Fees, sponsored by Representatives Mauro and Weinberg, and Senator Wallace
    • HB25-1014 – Increasing Efficiency Division of Water Resources, sponsored by Representatives Johnson and Lukens, and Senators Roberts and Simpson
    • HB25-1236 – Residential Tenant Screening, sponsored by Representatives Lindsay and Zokaie, and Senators Weissman and Jodeh
    • HB25-1249 – Tenant Security Deposit Protections, sponsored by Representatives Ricks and Bacon, and Senators Exum and Danielson
    • HB25-1289 – Metropolitan District Leases & Property Tax Exemptions, sponsored by Representatives Zokaie and Richardson, and Senators Weissman and Frizell
    • HB25-1333 – Legislative Human Resources Division, sponsored by Speaker McCluskie and Majority Leader Duran, and Senate President Coleman and Majority Leader Rodriguez
    • HB25-1335 – Tax Credit Availability, sponsored by Representatives Sirota and Taggart, and Senators Bridges and Kirkmeyer
    • SB25-018 – Online Search of Sales & Use Tax, sponsored by Senators Bridges and Kipp, and Representative Taggart
    • SB25-026 – Adjusting Certain Tax Expenditures, sponsored by Senator Mullica, and Representatives Marshall and Joseph
    • SB25-027 – Trauma-Informed School Safety Practices, sponsored by Senators Marchman and Representatives Joseph and Gonzalez
    • SB25-037 – Coal Transition Grants, sponsored by Senators Roberts and Kirkmeyer, and Representatives Taggart and Mauro
    • HB25-1149 – Comprehensive Black History & Culture Education in K-12, sponsored by Representative English, and Senator Exum
    • HB25-1117 – Vehicle Immobilization Company Regulation, sponsored by Representatives Joseph and Boesenecker, and Senators Gonzales and Weissman
    • SB25-297 – Implementation of Colorado Natural Medicine Initiative, sponsored by Senator Ball, and Representative Feret
    • HB25-1209 – Marijuana Regulation Streamline, sponsored by Representatives Lindstedt and Willford, and Senator Gonzales and Majority Leader Rodriguez
    • HB25-1245 – Heating Ventilation & Air Conditioning Improvement Projects in Schools, sponsored by Representatives Lieder and Hamrick, and Senators Kipp and Danielson
    • HB25-1130 – Labor Requirements for Government Construction Projects, sponsored by Representative Carter and Majority Leader Monica Duran, and Senators Danielson and Kolker
    • HB25-1284 – Regulating Apprentices in Licensed Trades, sponsored by Majority Leader Duran and Senator Sullivan
    • SB25-048 – Diabetes Prevention & Obesity Treatment Act, sponsored by Senators Michaelson Jenet and Mullica, and Representatives Brown and Mabrey
    • HB25-1208 – Local Governments Tip Offsets for Tipped Employees, sponsored by Representatives Woodrow and Valdez, and Senators Amabile and Daugherty
    • HB25-1330 – Exempting Quantum Computing Equipment Right to Repair, sponsored by Representatives Titone and Soper, and Senators Hinrichsen and Baisley
    • HB25-1274 – Healthy School Meals for All Program, sponsored by Representative Garcia, and Senators Michaelson Jenet and Wallace

    ###

    MIL OSI USA News –

    June 4, 2025
  • MIL-OSI Asia-Pac: Inaugural edition of Kung Fu Film Festival successfully concluded in Toronto (with photos)

    Source: Hong Kong Government special administrative region

    ​The Hong Kong Economic and Trade Office (Toronto) (Toronto ETO) supported the inaugural edition of the Kung Fu Film Festival (Festival), which has presented six screenings of martial arts movies across the Greater Toronto Area from May 31 to June 1 (Toronto time) to celebrate the 50 years of Hong Kong’s kung fu cinema heritage and its influence on global film culture.

    To mark the festival’s debut, Toronto ETO hosted an opening ceremony in Markham on May 31 with the presence of Canada Hong Kong Intercultural Association President and the Festival Chair, Ms Connie Yu, Secretary Manager of Southern Film Culture Foundation and the Festival Curator, Ms Catherine Lam, along with the Consul-General of the People’s Republic of China in Toronto, Mr Luo Weidong, Senator Mr Woo Yuen-pau, Member of Parliament of Canada Mr Michael Ma and about 50 guests from the local film, cultural and business communities. Some of them also graced the closing ceremony before the screening of the Hong Kong production “Twilight of the Warriors: Walled In” directed by Soi Cheang and starring Louis Koo, Raymond Lam and Philip Ng in Toronto on June 1.

    Speaking at the closing ceremony, the Acting Director of the Toronto ETO, Mr Gavin Yeung, highlighted Hong Kong’s position as an international hub for the arts, cultural and creative industries.

         “Each film featured in this festival is a gem of Hong Kong’s film industry,” Mr Yeung shared. “Over the decades, Hong Kong movies and film talents have won numerous international awards. Many Hong Kong actors, directors, cinematographers and producers have become household names at global level.”

    Mr Yeung also reaffirmed the commitment of the Hong Kong Special Administrative Region Government to supporting the cultural and creative industries, noting that significant funding has been approved through the Film Development Fund for film projects. He added that the Toronto ETO would continue to bring more Hong Kong films to participate in various international film festivals across Canada.

    The two-day festival curated a selection of six Hong Kong martial arts films produced between 1974 and 2024, including “The Shaolin Temple” (including a special AI anime version), “Martial Club”, “Ip Man 3”, “Kids from Shaolin”, “Hapkido”, and “Twilight of the Warriors: Walled In”, offering Canadian audience a dynamic view into the evolution of Hong Kong-produced kung fu cinema.

    In addition, a student seminar with Q&A session was held during the festival at Cineplex Cinemas Scarborough on June 1. The audience actively engaged in the discussion and shared their views on Hong Kong’s martial arts movies.

    MIL OSI Asia Pacific News –

    June 4, 2025
  • MIL-OSI USA: Assessing stream health in Virginia with biology and chemistry

    Source: US Geological Survey

    “How do government and nonprofit agencies assess water quality? How do they know what effects a storm or agricultural practice has on stream health? WMRA’s Randi B. Hagi tagged along on a demonstration and filed this report.

    [stream running, insects and birds calling]

    War Branch is a small stream that winds through the poultry, beef, and crop land of Rockingham County before joining Smith Creek, a tributary of the North Fork of the Shenandoah River. It’s the site of a monitoring station where the U.S. Geological Survey is studying how farm conservation practices – such as cover crops and fertilizer management – affect water quality. The fact that it’s a relatively small watershed makes it unique to study.

    It’s draining about 10 square miles of land area up above us. So that’s still a lot that can happen in that area. A lot of farms, a lot of different activities. But most of our longer-term monitoring networks are in larger rivers and streams – think hundreds of square miles. … It’s really hard in those systems to identify specific activities causing changes in the stream chemistry.

    Jimmy Webber

    Jimmy Webber, the Chesapeake Bay associate coordinator for the USGS, led a group of 20-some attendees on a field trip to see the monitoring station. The trip was a part of the Choose Clean Water Conference held in Harrisonburg in mid-May. The group walked through hayfields and pastures down to the grassy stream banks of the War Branch site. Established a year ago, it’s one of five watersheds in the ongoing study. The others are in Delaware, Maryland, and Pennsylvania.

    Monitoring equipment that lies in the stream collects data and uploads it to an online database about every 15 minutes. It’s a metal tube with smaller cylindrical sensors extending from the end – it kind of looks like a cross between a caulk gun and a gatling gun. A tiny motorized brush sweeps off the end of the sensors before each data reading. As Hydrologic Technician Laura Yates explained, the sensors are gauging metrics including water height, turbidity, and dissolved oxygen. She pointed out another one to the group. . .”

    Read or listen to the full article at WMRA Public Radio

    MIL OSI USA News –

    June 4, 2025
  • MIL-OSI: TruGolf to Paricipate in the “2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow” Conference Presented by Maxim Group LLC on Wednesday, June 4th at 3:00 PM EDT

    Source: GlobeNewswire (MIL-OSI)

    Salt Lake City, Utah, June 03, 2025 (GLOBE NEWSWIRE) — TruGolf Holdings, Inc. (NASDAQ: TRUG), a leading golf technology company, announced today that Brenner Adams, TruGolf’s Chief Growth Officer will present at the “2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow,” presented by Maxim Group LLC, tomorrow, June 4th at 3:00 PM EDT.

    The Conference will be live on M-Vest. To attend, follow this link to register for this virtual event. https://m-vest.com/events/tmt-06032025

    About TruGolf Holdings

    TruGolf is a golf technology company, committed to making golf, easy. From innovative uses for AI to build content and enhance its image and spatial analysis, to gamified golf improvement plans, TruGolf is an industry leader in the growing technological revolution in the sport of golf. Since its founding, TruGolf has redefined what is possible in golf through technology. TruGolf’s suite of Hardware, Software, and Web Products make it easier to Play, Improve, and Enjoy the game of golf.

    Forward-Looking Statements

    Some of the statements in this release are forward-looking statements, which involve risks and uncertainties. Forward-looking statements include, without limitation, whether the Company’s compliance plan will be accepted by Nasdaq and the Company’s expected future cash needs.  Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ”believes,” ”estimates,” ”anticipates,” ”expects,” ”plans,” ”projects,” ”intends,” ”potential,” ”may,” ”could,” ”might,” ”will,” ”should,” ”approximately” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the SEC, which are available on the SEC’s website, www.sec.gov.

    For more information about our products and upcoming innovations, please visit TruGolf.com.

    Media Contacts:

    TruGolf: Michael Bacal: Phone: 917-886-9071; mbacal@darrowir.com Web: TruGolf.com LinkedIn: @TruGolf

    The MIL Network –

    June 4, 2025
  • MIL-OSI: Acceleware Announces Board Appointments

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, June 03, 2025 (GLOBE NEWSWIRE) — Acceleware® Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading innovator of transformative technologies using radio frequency (RF) technology targeting industrial process heat in the critical minerals and enhanced oil production industries, announces the strategic appointment of two seasoned energy executives to the Board of Directors (the “Board”), and that two original members of the Board are stepping down. The new Board appointees, with their significant industry experience and knowledge, will be instrumental in assisting management in implementing a new strategic plan.

    Board Announcement:

    The Company announces the appointment of Peter (Pete) Sametz P. Eng. ICD.D as Executive Chairman of the Board of Directors and the appointment to the Board of Merle Johnson P. Eng. MBA, ICD.D, both effective June 3, 2025. Mr. Bohdan (Don) Romaniuk, Chairman of the Board, and Dr. Peter Neweduk, Director, have stepped down from the Board after over 19 years of service. Mr. Sametz and Mr. Johnson, whose appointments will fill the vacancies left by Mr. Romaniuk and Dr. Neweduk, will both also serve on the audit committee, with Mr. Johnson appointed as Chair of the Audit Committee.

    Said Mr. Romaniuk, “I am thrilled that Mr. Sametz has agreed to serve as Executive Chair of Acceleware’s board. Acceleware’s technology offers outstanding potential. I wish him, and the Company all the best.”

    Added Geoff Clark, Acceleware CEO, “On behalf of Acceleware, our shareholders, and our employees, I would like to extend our thanks to Don and Peter for their dedication and service over many years. Their efforts have been greatly appreciated – we’ve certainly had many successes along the way – and they’ve also helped see us through many challenges. We wish them all the best.”

    Both Mr. Romaniuk and Dr. Neweduk will remain available to provide support and knowledge transfer for as long as is required to ensure an efficient Board transition.

    “I am extremely pleased to welcome Pete and Merle to the Acceleware board,” said Mr. Clark. “Acceleware is implementing a new and transformative strategic plan intended to advance the business and create significant value for shareholders. Having Pete join us as Executive Chair and Merle as Director and Audit Committee Chair to drive development and execution of this strategy is invaluable.”

    Mr. Sametz’ past several years have focused on change management and corporate restructuring. He has extensive experience in the energy sector at both the senior executive and board levels, managing growth from startup to intermediate status. He is recognized as a leader in innovation and an advocate for environmental responsibility in the energy industry. He has been a director of four public companies, as well as a volunteer in the community and with industry organizations.

    Mr. Johnson was the CEO of Connacher Oil and Gas from late 2015 up until his 2024 retirement and was the longest serving executive in the company’s history. Prior to Connacher, Mr. Johnson worked for EnCana (now Cenovus) on its Christina Lake and Senlac Projects and for IMC Global (now The Mosaic Company) at Belle Plaine. Belle Plaine’s potash solution mining technique was the inspiration for SAGD technology. Mr. Johnson is a member of the Metis Nation of Alberta.

    The appointments of Mr. Sametz and Mr. Johnson remain conditional on TSX Venture Exchange review pursuant to Policy 3.1.

    About Acceleware:

    Acceleware is an advanced electromagnetic (EM) heating company with highly scalable EM solutions for large industrial applications. The Company’s solutions provide an opportunity to electrify and decarbonize industrial process heat applications while reducing costs.

    Acceleware’s RF XL is a patented low-cost, low-carbon EM thermal production technology for heavy oil that is materially different from any enhanced recovery technique used today. The Company is also working with a consortium of world-class potash partners on a pilot project using its patented and field proven Clean Tech Inverter (CTI) to decarbonize drying of potash ore and other critical minerals. Acceleware is actively developing partnerships for EM heating for other industrial process heat applications.

    Acceleware is a public company listed on Canada’s TSX Venture Exchange under the trading symbol “AXE”.

    Cautionary Statements

    This news release contains forward-looking statements and/or forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable securities laws. When used in this release, such words as “will”, “anticipates”, believes”, “intends”, “expects” and similar expressions, as they relate to Acceleware, or its management, are intended to identify such forward-looking statements. Such forward-looking statements reflect the current views of Acceleware with respect to future events, and are subject to certain risks, uncertainties and assumptions. Many factors could cause Acceleware’s actual results, performance or achievements to be materially different from any expected future results, performance or achievement that may be expressed or implied by such forward-looking statements. Certain information and statements contained in this news release constitute forward-looking statements, which reflects Acceleware’s current expectations regarding future events, including, but not limited to the appointment of Mr. Sametz and Mr. Johnson to the Board, the development and execution of a new strategic plan, the Company’s ability to successfully execute that plan, and the impact of that plan on Acceleware’s business and shareholder value.

    Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: the high degree of uncertainties inherent to feasibility and economic studies which are based to a significant extent on various assumptions; variations in commodity prices and exchange rate fluctuations; variations in cost of supplies and labour; lack of availability of qualified personnel; receipt of necessary approvals; availability of financing for technology and project development; uncertainties and risks with respect to developing and adopting new technologies; general business, economic, competitive, political and social uncertainties; change in demand for technologies to be offered by the Company; obtaining required approvals of regulatory authorities; ability to access sufficient capital from internal and external sources. For a more fulsome list of risk factors please see the Company’s December 31, 2024, year-end Management Discussion and Analysis (“MD&A”) available on SEDAR+ at www.sedarplus.ca.

    Management of the Company has included the above summary of assumptions and risks related to forward-looking statements provided in this release to provide shareholders with a more complete perspective on the Company’s current and future operations and such information may not be appropriate for other purposes. The Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements included in this news release should not be read as guarantees of future performance or results. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.

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

    For more information:
    Geoff Clark
    Tel: +1 (403) 249-9099
    geoff.clark@acceleware.com

    Acceleware Ltd.
    435 10th Avenue SE
    Calgary, AB, T2G 0W3
    Canada
    www.acceleware.com

    The MIL Network –

    June 4, 2025
  • MIL-OSI Banking: Meet the Next Chapter of Ultra

    Source: Samsung

    For years, Samsung has listened to users asking for bigger screens, better cameras and new ways to connect and create. The demand is clear — an Ultra-experience that goes beyond a simple list of upgraded features in a smaller and more portable form factor.
    That’s why Galaxy’s next chapter is to provide an experience that seamlessly blends artistry and engineering to elevate everyday interactions.

    Squeeze onto a crowded subway train for your evening commute with the device folded in hand and use voice controls to have AI find you the perfect restaurant and text your dining companion. Finish off that unsent work email during the ride, then use the powerful camera to commemorate your night out. AI-powered tools enable all-day messaging, browsing and gaming on the go, so you can focus on your life—all without weighing you down.
    With industry-leading hardware, cutting-edge performance and seamless AI integration optimized for the foldable format, it’s what users have come to expect from Galaxy Ultra.
    And when it unfolds, it transforms– into a more immersive entertainment hub, a spacious workspace, or a multitasking powerhouse, now enhanced by powerful Galaxy AI features designed specifically for the foldable form.
    The Ultra experience is ready to unfold.

    MIL OSI Global Banks –

    June 4, 2025
  • MIL-OSI USA: Pressed by Murray, McMahon Says “No” Analysis Was Conducted Before Firing Half of the Department of Education’s Staff

    US Senate News:

    Source: United States Senator for Washington State Patty Murray

    Murray: “You didn’t do an actual analysis to determine what the effects of this would be?”

    McMahon: “No.”

    ***WATCH: Senator Murray’s Q&A with Sec. McMahon***

    Washington, D.C. — Today, U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee, questioned Department of Education (ED) Secretary Linda McMahon at a Senate Appropriations Labor, Health and Human Services, Education, and Related Agencies Subcommittee hearing on the president’s fiscal year 2026 budget request for the Department. Senator Murray pressed Secretary McMahon on the indiscriminate mass firings of employees across the Department, the lack of transparency from the Department as it illegally withholds funds that were already appropriated by Congress, and how the Trump administration talks a big game about tackling antisemitism in schools but is actually dismantling the very office charged with investigating it and enforcing federal civil rights laws for students.

    In opening comments, Vice Chair Murray said:

    “Good morning, Secretary McMahon. You know, President Trump has made clear that he wants to abolish the very department that you lead. And we know here that you cannot eliminate the Department of Education without an act of Congress—but I’m afraid that has not stopped you from preventing the Department from actually doing its job.

    “You have indiscriminately shuttered offices and pushed out half of the Department’s staff. And under your leadership, we have seen critical research to improve student outcomes axed overnight—and funding for mental health services and teacher training, among a whole lot, abruptly cut off and discontinued. 

    “Now, today you come before this Committee to request massive funding cuts that do, in my opinion, nothing to help improve opportunities for students in our public schools throughout the country. You are proposing to slash Pell grants and much more.

    “Now, you and the president say this isn’t about cutting education funding but all about ‘returning education to the states.’ But actually, that couldn’t be farther from the truth—because the reality is this administration is actually taking unprecedented steps to extort schools and universities, and hold federal funding hostage if they don’t conform with your agenda.

    “So, it’s pretty clear that ‘returning education to the states’ actually means letting states, colleges, and local communities pick up the tab. And I just don’t believe that’s how things should work in America—I don’t believe that’s good for our students and I don’t believe it is good for our families.”

    [MASS FIRINGS AT ED]

    Senator Murray began by pressing Secretary McMahon on the indiscriminate mass firings across the Department: “Secretary McMahon, as I mentioned, you have set out to eliminate nearly half of your Department’s workforce. And that includes pushing out the door more than half of the staff at the Office for Civil Rights, the entire staff responsible for managing grant operations and contract procurement, and employees who actually prevent students from getting ripped off by predatory colleges. The Department cannot do its basic job to execute the law given how many staff have been pushed out.  And it is our students and our teachers who will suffer the consequences. So, I want to know from you: before you cut that much staff, did you conduct any analysis to assess whether or not it would degrade support and services for students and our schools? Or how the Department would still be able to execute the law after losing so many employees?”

    Secretary McMahon responded, “Yes, we did talk to the Department itself, OCR.”

    “But did you do an actual analysis?” Senator Murray pressed.

    “What we looked at across was, how can we restructure the Department so that we can maximize the use of the people who are there? So, what we did was in, like, training manuals and things of that nature, to look at it and say, okay, we can better operate if we focus on—” SecretaryMcMahon replied.

    “So, this was a conversation. You didn’t do an actual analysis to determine what the effects of this would be?” Senator Murray clarified.

    “No,” replied Secretary McMahon.

    “So, no study was done. They were just fired, and you assumed that it would work?” Senator Murray asked.

    Secretary McMahonreplied, “No, obviously not. I have been in the private sector and done restructuring before in companies, and it’s painful to do.”

    “It is painful, but normally companies look ahead and say: what are our goals and what will be the impact if these employees are gone from this Department? That’s why I asked. But you’ve not done an analysis, and my time is short, so let me continue,” said Senator Murray.

    [REFUSAL TO DETAIL HOW ED IS SPENDING FUNDING]

    Senator Murray turned to the lack of transparency from the Department about how it is spending funding that has already been provided: “You were required—by law—to submit an operating plan 45 days after enactment of the full-year CR detailing exactly how you are spending funding Congress provided this year. You didn’t do that. The purported ‘operating plan’ that you did submit told us virtually nothing about how you are spending taxpayer dollars right now, at this very moment. And that really raises concerns about when—and actually if—you are going get funding that Congress did provide for FY25 out the door. For example: your FY26 budget request zeroes out dedicated funding for literacy education programs, and your operating plan for this year describes this funding as ‘unallocated.’ So, will you allocate the $220 million for literacy programs that Congress appropriated for FY25?”

    Secretary McMahon refused to commit to spending the funding Congress provided for literacy programs, stating: “Well, Senator, as I mentioned earlier, we are looking at the unallocated dollars now to determine which of those programs we can best spend those dollars on. And I would be happy to get back to you. And we want to work with Congress on those unallocated dollars to see where they could be spent the best.”

    Senator Murray pressed on whether ED will release the funds: “Well, what is your plan to make sure that, that funding actually gets to the schools and students is intended to support? We’re running out of time here.”

    “Well, to look at those programs and then to allocate them to the states. If those programs, we believe is the best interests…” said Secretary McMahon.

    “Those funds were appropriated by Congress. Your department was to allocate them, and it really looks to me like the Department is illegally impounding funding that would help our students succeed with plans that don’t exist—and just day after day going by here. And that’s our concern,” saidSenator Murray.

    Secretary McMahon replied, “Well, let us work more with you as we update those allocations, as we did before.”

    “When do you plan to have those funds out by?” pushed Senator Murray.

    “Well, the funds that we are approving will go out in this year,” Secretary McMahon responded.

    Senator Murray replied, “Like in this next month, or..?”

    “In the fiscal year,” saidSecretary McMahon.

    “You’re running out of time. So, we need to see what the plan is if you can provide it,” said Senator Murray.

    Senator Murray and House Appropriations Committee Ranking Member Rosa DeLauro sent a letter to Office of Management and Budget (OMB) Director Russ Vought last week calling out the Trump administration’s lack of transparency about how it is spending funds provided by Congress for this year—noting the complete inadequacy of the spend plan, required by law, that the Department of Education submitted.

    [DISMANTLING THE OFFICE FOR CIVIL RIGHTS]

    Senator Murray then addressed how the Trump administration has been dismantling the Office for Civil Rights, which is the office charged with enforcing federal civil rights laws in schools and investigating discrimination, noncompliance with federal law and more. Under Secretary McMahon’s leadership, half of OCR’s staff have been eliminated and investigations have been hamstrung, and President Trump has requested a nearly 36% cut to OCR’s budget. She began: “Secretary McMahon, the Administration says that one of its priorities is tackling antisemitism in our schools—that’s correct, right?”

    “Correct,” replied Secretary McMahon.

    “Well, the Office for Civil Rights at your Department takes the leading role in preventing antisemitism and enforcing our nation’s civil rights law. It is really an important mission. But as you hopefully know, that office is under water. What is the current backlog at OCR, can you tell us that?” inquired Senator Murray.

    Secretary McMahon said, “We inherited about a 20,000 backlog from the Biden administration. One of the things that we found is some of those cases were like one-page complaints, and we’ve really been able to get rid of many of them and we are fulfilling…we absolutely are fulfilling all of our statutory requirements—have not failed to do any of those. And not only are we reducing the backlog, but we are keeping up with the current amount with a reduced staff because we are doing it efficiently.”

    “If you don’t have the staff, you can’t do them,” Senator Murray pressed.

    “If you have an efficient staff that has changed programs and you are addressing all of the issues, then you are being successful. So, I am answering your question by completely answering it,” replied Secretary McMahon.

    “Actually, Madam Secretary, my question is what is the current backlog?” asked Senator Murray.

    Secretary McMahon replied, “The current backlog is probably about—let’s see I’m looking at my numbers now—about 2,500 cases.”

    “2,500, and how many are you processing per month? Do you have any sense?” Senator Murray asked.

    “Well, we’re catching up with the backlog. And keeping current on the ones that are coming in,” dodged Secretary McMahon.

    Senator Murray pressed, “But you don’t know how many you are processing every month? You can’t tell us so we can get an idea?”

    “I can get back to you with that,” said Secretary McMahon.

    “Would you? If you could commit to giving us quarterly reports so we can know whether OCR is simply dismissing these cases or doing its job,” replied Senator Murray.

    Secretary McMahon responded in part, “I would be happy to do that.”

    MIL OSI USA News –

    June 4, 2025
  • MIL-OSI USA: SPC Tornado Watch 363

    Source: US National Oceanic and Atmospheric Administration

    Note:  The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports.
    SEL3

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Tornado Watch Number 363
    NWS Storm Prediction Center Norman OK
    540 PM CDT Tue Jun 3 2025

    The NWS Storm Prediction Center has issued a

    * Tornado Watch for portions of
    Central and Eastern Oklahoma

    * Effective this Tuesday afternoon and evening from 540 PM until
    1000 PM CDT.

    * Primary threats include…
    A few tornadoes possible
    Scattered damaging wind gusts to 70 mph likely
    Scattered large hail and isolated very large hail events to 2
    inches in diameter possible

    SUMMARY…A cluster of supercell thunderstorms across central
    Oklahoma will track northeastward across the watch for the next few
    hours. Localized wind fields have become favorable for a risk of a
    few tornadoes, along with damaging winds and large hail.

    The tornado watch area is approximately along and 40 statute miles
    east and west of a line from 35 miles southwest of Ardmore OK to 25
    miles east of Tulsa OK. For a complete depiction of the watch see
    the associated watch outline update (WOUS64 KWNS WOU3).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Tornado Watch means conditions are favorable for
    tornadoes and severe thunderstorms in and close to the watch
    area. Persons in these areas should be on the lookout for
    threatening weather conditions and listen for later statements
    and possible warnings.

    &&

    OTHER WATCH INFORMATION…CONTINUE…WW 359…WW 360…WW
    361…WW 362…

    AVIATION…Tornadoes and a few severe thunderstorms with hail
    surface and aloft to 2 inches. Extreme turbulence and surface wind
    gusts to 60 knots. A few cumulonimbi with maximum tops to 500. Mean
    storm motion vector 24025.

    …Hart

    SEL3

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Tornado Watch Number 363
    NWS Storm Prediction Center Norman OK
    540 PM CDT Tue Jun 3 2025

    The NWS Storm Prediction Center has issued a

    * Tornado Watch for portions of
    Central and Eastern Oklahoma

    * Effective this Tuesday afternoon and evening from 540 PM until
    1000 PM CDT.

    * Primary threats include…
    A few tornadoes possible
    Scattered damaging wind gusts to 70 mph likely
    Scattered large hail and isolated very large hail events to 2
    inches in diameter possible

    SUMMARY…A cluster of supercell thunderstorms across central
    Oklahoma will track northeastward across the watch for the next few
    hours. Localized wind fields have become favorable for a risk of a
    few tornadoes, along with damaging winds and large hail.

    The tornado watch area is approximately along and 40 statute miles
    east and west of a line from 35 miles southwest of Ardmore OK to 25
    miles east of Tulsa OK. For a complete depiction of the watch see
    the associated watch outline update (WOUS64 KWNS WOU3).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Tornado Watch means conditions are favorable for
    tornadoes and severe thunderstorms in and close to the watch
    area. Persons in these areas should be on the lookout for
    threatening weather conditions and listen for later statements
    and possible warnings.

    &&

    OTHER WATCH INFORMATION…CONTINUE…WW 359…WW 360…WW
    361…WW 362…

    AVIATION…Tornadoes and a few severe thunderstorms with hail
    surface and aloft to 2 inches. Extreme turbulence and surface wind
    gusts to 60 knots. A few cumulonimbi with maximum tops to 500. Mean
    storm motion vector 24025.

    …Hart

    Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas.
    SAW3
    WW 363 TORNADO OK 032240Z – 040300Z
    AXIS..40 STATUTE MILES EAST AND WEST OF LINE..
    35SW ADM/ARDMORE OK/ – 25E TUL/TULSA OK/
    ..AVIATION COORDS.. 35NM E/W /22SW ADM – 17E TUL/
    HAIL SURFACE AND ALOFT..2 INCHES. WIND GUSTS..60 KNOTS.
    MAX TOPS TO 500. MEAN STORM MOTION VECTOR 24025.

    LAT…LON 33939815 36209615 36209471 33939675

    THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A
    COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS
    FOR WOU3.

    Watch 363 Status Report Message has not been issued yet.

    Note:  Click for Complete Product Text.Tornadoes

    Probability of 2 or more tornadoes

    Mod (50%)

    Probability of 1 or more strong (EF2-EF5) tornadoes

    Low (20%)

    Wind

    Probability of 10 or more severe wind events

    Mod (60%)

    Probability of 1 or more wind events > 65 knots

    Low (20%)

    Hail

    Probability of 10 or more severe hail events

    Mod (40%)

    Probability of 1 or more hailstones > 2 inches

    Mod (30%)

    Combined Severe Hail/Wind

    Probability of 6 or more combined severe hail/wind events

    High (90%)

    For each watch, probabilities for particular events inside the watch (listed above in each table) are determined by the issuing forecaster. The “Low” category contains probability values ranging from less than 2% to 20% (EF2-EF5 tornadoes), less than 5% to 20% (all other probabilities), “Moderate” from 30% to 60%, and “High” from 70% to greater than 95%. High values are bolded and lighter in color to provide awareness of an increased threat for a particular event.

    MIL OSI USA News –

    June 4, 2025
  • MIL-OSI New Zealand: Banking – ASB Business Survey: The impact of Trump’s tariffs, according to Kiwi businesses

    Source: ASB

    Research released today by ASB, supported by Talbot Mills Research, shows Kiwi businesses see US tariffs as more impactful than Covid-19 or the Global Financial Crisis.  More than 300 business leaders, including CEOs and founders, contributed to the study, giving their insights on President Trump’s recently announced trade policies.

     

    • Two-thirds (67%) of businesses are concerned about the impact of proposed US tariffs in the next 12 months, with nearly 80% of exporters concerned
    • Kiwi business leaders believe Trump’s tariffs will have a more severe global impact than Covid-19 and the GFC
    • Meat, dairy and wine are seen as the most vulnerable within Food and Fibre sector, while businesses predict wool and seafood would fare better
    • Nearly one-quarter (24%) of Kiwi businesses see at least some opportunity in the tariffs
    • More than one-third (39%) of respondents listed support of banks as critical to navigating the current environment

     

    Tariffs: a threat and an opportunity for Kiwi businesses

    ASB’s Executive General Manager Business Banking Rebecca James says: “We’re seeing sustained market volatility with the ever-changing political decisions around tariffs, which naturally creates a heightened sense of uncertainty for businesses. It’s clear businesses view any proposed US tariffs as troubling, but it’s pleasing that nearly a quarter of respondents see opportunity in tariffs too. New Zealand has a reputation on the world stage for ingenuity and a can-do attitude, and we want businesses to know there are things they can do to future-proof and manage risks in turbulent times.”

    President Trump first announced tariffs in April as part of the ‘America First’ trade policy, aimed at protecting US industries and addressing the trade deficit. The tariffs are set at 10% for most countries, including New Zealand, with China a notable outlier where a larger tariff has been applied to Chinese origin goods. Additional proposed tariffs higher than the 10% baseline were paused for a 90-day period and will be reviewed in July.  Businesses are split on how long potential disruption could last.  A slight majority (51%) of Kiwi businesses are optimistic that the economy will recover quickly, while 38% predict a prolonged economic downturn for the country and the remainder were unsure.

    Taking action key to growth

    14% of those surveyed view US tariffs purely as an opportunity, while 10% see them as both a potential risk and an opportunity. Ten percent of businesses and 14% of exporters have already taken action to reduce the negative impacts of tariffs including raising prices, shifting markets or cutting costs. Just under one-third (30%) believe they can make up losses through new customers or cost savings; 25% from operational efficiencies, and 22% from other revenue streams. 22% are unsure, with uncertainty highest among small businesses.

    “The current market volatility and geopolitical tension may be our ‘new normal’, but we’ve been in positions of global uncertainty before and the research shows Kiwi businesses are already thinking about actions they can take to make their business more resilient and generate returns.”

    Ms James encourages businesses to stay connected to industry partners, trade advocacy groups and their banks to share knowledge and ideas when it comes to growth and scale.

    “Business customers are relying on us more than ever to navigate the current environment, and we’re seeing this through an increase in trade finance and a rise in currency hedging enquiries. Our advice is to start exploring options now. We’re seeing customers adapting their business strategy in all sorts of ways, so solutions for your business might look like assessing AI to improve workflow, adjusting your supply chain, selling down stock before new inventory orders, building new trade relationships or exploring untapped markets.”

    Businesses shifting their focus to closer to home

    More than three-quarters of Kiwi exporters expect the cost of doing business with the US to increase by 10% or more in the next year. Concern is higher among exporters (78%) and increases with business size, with worry growing to 88% among 100+ staff businesses). The potential impacts of tariffs which were of the most concern to businesses include slowing economic growth (39%), increased operating costs (32%) and supply chain disruptions (28%).  Nearly one-quarter of businesses are worried about consumer backlash due to price inflation (24%), along with 23% who see a China-US Trade war as unsettling for business. Some of the most explored markets by businesses are China (51%), Australia (37%), European Union (28%) and Southeast Asia (25%).  

    “The research shows a pendulum swing when it comes to trading partners, with businesses redirecting their attention to our close neighbours. Location seems to be king, with our customers prioritising relationships much closer to home,” says Ms James.

    “We’re also seeing exporters maintaining high standards and doubling down on premium products to give us an edge on the global stage, even where it costs more for consumers.”

    The role of banks as a critical support function

    Businesses see Government lobbying as the most critical tool in helping to reduce the impact of tariffs, with banks the next most important. More than one-third (39%) of respondents listed support of banks as critical, specifically working capital support (31%), risk advice (26%) and trade finance (24%).

    “ASB has provided $4.6 billion dollars to Kiwi businesses over the past five years including considerable support to companies looking to expand and navigate opportunities abroad. We have seen increased use of trade finance products, aided by trade credit insurance, enabling businesses to sustainably leverage balance sheets while derisking payment default. We encourage companies doing business overseas to speak with their banker and engage with a trade specialist to ensure your business is in the strongest position,” says Ms James.

    Notes: Results in this report are based upon questions asked in a Talbot Mills Research online survey. The basis of the sample is 344 New Zealand business leaders (business owners, C-suite, senior management), with the survey in field between 24 April and 5 May 2025.

    MIL OSI New Zealand News –

    June 4, 2025
  • MIL-OSI USA News: Fact Sheet: President Donald J. Trump Increases Section 232 Tariffs on Steel and Aluminum

    Source: US Whitehouse

    COUNTERING TRADE PRACTICES THAT UNDERMINE NATIONAL SECURITY: Today, President Donald J. Trump signed a Proclamation to increase the tariff to 50% on steel and aluminum.

    • President Trump is taking action to protect America’s critical steel and aluminum industries, which have been harmed by unfair trade practices and global excess capacity.
    • President Trump is raising the tariff on steel and aluminum imports from 25% to 50%, with the higher tariff set to go into effect on June 4, 2025.
      • Tariffs on steel and aluminum imports from the United Kingdom will remain at 25%, with possible changes or quotas starting July 9, 2025, depending on the status of the U.S.-UK Economic Prosperity Deal.
      • The steel and aluminum tariffs will apply only to the steel and aluminum contents of imported products, whereas the non-steel and non-aluminum contents of imported products will be subject to other applicable tariffs.
    • President Trump is cracking down on false import declarations by requiring strict reporting of steel and aluminum content, with tough penalties like fines or loss of import rights for violators.
    • President Trump is exercising his authority under Section 232 of the Trade Expansion Act of 1962 to adjust imports of steel and aluminum to protect our national security.
      • This statute provides the President with authority to adjust imports being brought into the United States in quantities or under circumstances that threaten to impair national security.

    RESTORING FAIRNESS TO STEEL AND ALUMINUM MARKETS: President Trump is taking action to end unfair trade practices and the global dumping of steel and aluminum.

    • Foreign nations have been flooding the United States market with cheap steel and aluminum, often subsidized by their governments.
    • A report from the first Trump Administration found that steel import levels and global excess were weakening our domestic economy and threatening to impair national security.
      • The report found that excess production and capacity has been a major factor in the decline of domestic aluminum production.
    • While the domestic steel industry briefly achieved 80% capacity utilization in 2021, subsequent trade pressure has depressed domestic production.  In 2022 and 2023, capacity utilization fell to 77.3% and 75.3%, respectively.  High import volumes from sources exempt from Section 232 tariffs were a major factor in depressing domestic production volumes. 
    • For aluminum, there was an increase in the capacity utilization rate between 2017 and 2019, from 40% to 61% during that period. But since 2019, the aluminum capacity utilization has once again seen a steady decline, falling from 61% to 55% between 2019 and 2023.  
    • The United States does not want to be in a position where it would be unable to meet demand for national defense and critical infrastructure in a national emergency.

    STRENGTHENING AMERICA’S MANUFACTURING INDUSTRY: President Trump’s decision to close existing loopholes and exemptions will strengthen United States’ steel and aluminum industries.

    • In his first term, President Trump imposed Section 232 tariffs to protect the American steel and aluminum industries from unfair foreign competition.
    • The steel tariffs that President Trump implemented led to thousands of jobs gained and higher wages in the metals industry.
      • These tariffs were hailed as a “boon” for Minnesota’s iron ore industry, with state officials crediting tariffs for bolstering the local economy. 
      • Steel and aluminum imports drastically decreased under President Trump, falling by nearly a third from 2016 to 2020.
      • The tariffs led to a wave in investment across the United States, with more than $10 billion committed to build new mills.
    • Earlier this year, President Trump restored and strengthened Section 232 tariffs on steel and aluminum, widely celebrated by the American steel and aluminum industries.
    • Now, President Trump is once again being praised by our steel and Aluminum industries for his decision to raise tariffs on foreign steel and aluminum even higher and protect American workers.

    TARIFFS WORK: Studies have repeatedly shown that contrary to public rhetoric, tariffs can be an effective tool for achieving economic and strategic objectives.

    • A 2024 study on the effects of President Trump’s tariffs in his first Administration found that they “strengthened the U.S. economy,” and “led to significant reshoring” in industries like manufacturing and steel production.
    • A 2023 report by the U.S. International Trade Commission that analyzed the effects of Section 232 and 301 tariffs on more than $300 billion of U.S. imports found that the tariffs reduced imports from China, effectively stimulated more U.S. production of the tariffed goods, with very minor effects on prices.
    • According to the Economic Policy Institute, the tariffs implemented by President Trump during his first Administration “clearly show[ed] no correlation with inflation” and only had a temporary effect on overall price levels.
    • An analysis from the Atlantic Council found that “tariffs would create new incentives for US consumers to buy US-made products.”
    • Former Biden Treasury Secretary Janet Yellen affirmed last year that tariffs do not raise prices: “I don’t believe that American consumers will see any meaningful increase in the prices that they face.”
    • A 2024 economic analysis found that a global tariff of 10% would grow the economy by $728 billion, create 2.8 million jobs, and increase real household incomes by 5.7%.

    MIL OSI USA News –

    June 4, 2025
  • MIL-OSI: Leading Independent Proxy Advisory Firms Glass Lewis and ISS Recommend that Shareholders Vote “FOR” the Proposed Merger Between PTMN and LRFC

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) — Portman Ridge Finance Corporation (NASDAQ: PTMN) (“Portman Ridge” or “PTMN”) and Logan Ridge Finance Corporation (NASDAQ: LRFC) (“Logan Ridge” or “LRFC”) (together, the “Companies”) announced today that leading independent proxy advisory firms, Institutional Shareholder Services (“ISS”) and Glass, Lewis & Co. (“Glass Lewis”), have both recommended that LRFC stockholders vote “FOR” the proposed merger of LRFC with and into PTMN at the upcoming LRFC special meeting scheduled for June 6, 2025. In addition, ISS and Glass Lewis have both recommended that PTMN stockholders vote “FOR” the proposals related to the proposed merger at the upcoming PTMN special meeting scheduled for June 6, 2025.

    In its May 30, 2025 report, Glass Lewis noted, “We recognize the transaction would consolidate two entities that are managed by affiliated investment advisers, have overlapping portfolios of investments, and similar strategies and risks. The transaction aims at creating an entity with greater scale, a more diversified portfolio and anticipated greater market liquidity, among other benefits. Overall, we believe the entities have presented a reasonable strategic rationale for the proposed merger.” Similarly, in its report dated May 23, 2025, ISS commented, “The strategic rationale appears sound, as the combined company will have increased scale, structural simplification, and more diversification. On balance, in light of the compelling strategic rationale, support for the proposed share issuance is warranted.”

    Ted Goldthorpe, President and Chief Executive Officer of PTMN and LRFC and Head of the BC Partners Credit Platform, stated, “We’re encouraged by the support from both ISS and Glass Lewis, which reflects their alignment with the LRFC and PTMN Boards’ unanimous recommendations to their shareholders to vote in favor of the proposed merger. With PTMN standing as the surviving entity, we believe the combination will enhance PTMN’s scale, increase trading liquidity, further increase portfolio diversification, and will generate meaningful earnings accretion for shareholders, all which pave the way for our future growth initiatives and strengthen our position as a leader in executing strategic growth transactions amongst publicly traded business development companies.”

    With special meetings scheduled for June 6, 2025, both PTMN and LRFC urge their stockholders to attend the meeting and cast their votes by following the instructions outlined in the joint proxy statement. Stockholders of PTMN can also access the virtual meeting and vote by going to the following website: http://www.virtualshareholdermeeting.com/PTMN2025SM, or by calling 1-833-218-3911 and providing the control number which is listed in the proxy card received. Stockholders of LRFC can access the virtual meeting and vote by going to the following website: http://www.virtualshareholdermeeting.com/LRFC2025SM, or by calling 1-833-218-3962 and providing the control number which is listed in the proxy card received.

    Shareholders can access the joint proxy statement and prospectus by clicking HERE. Shareholders who have questions about the joint proxy statement or about voting their shares should contact the companies’ proxy solicitor, Broadridge, at 1-833-218-3911 for PTMN shareholders and 1-833-218-3962 for LRFC shareholders.

    About Portman Ridge Finance Corporation

    PTMN is a publicly traded, externally managed investment company that has elected to be regulated as a business development company (a “BDC”) under the 1940 Act. PTMN’s middle market investment business originates, structures, finances and manages a portfolio of term loans, mezzanine investments and selected equity securities in middle market companies. PTMN’s investment activities are managed by its investment adviser, Sierra Crest.

    PTMN’s filings with the Securities and Exchange Commission (the “SEC”), earnings releases, press releases and other financial, operational and governance information are available on Portman Ridge’s website at www.portmanridge.com.

    About Logan Ridge Finance Corporation

    LRFC is a BDC that invests primarily in first lien loans and, to a lesser extent, second lien loans and equity securities issued by lower middle-market companies. LRFC invests in performing, well-established middle-market businesses that operate across a wide range of industries. It employs fundamental credit analysis, targeting investments in businesses with relatively low levels of cyclicality and operating risk. For more information, visit www.loganridgefinance.com.

    Cautionary Statement Regarding Forward-Looking Statements

    Some of the statements in this communication constitute forward-looking statements because they relate to future events, future performance or financial condition. The forward-looking statements may include statements as to future operating results of PTMN and LRFC, and distribution projections; business prospects of PTMN and LRFC, and the prospects of their portfolio companies; and the impact of the investments that PTMN and LRFC expect to make. In addition, words such as “anticipate,” “believe,” “expect,” “seek,” “plan,” “should,” “estimate,” “project” and “intend” indicate forward-looking statements, although not all forward-looking statements include these words. The forward-looking statements contained in this communication involve risks and uncertainties. Certain factors could cause actual results and conditions to differ materially from those projected, including the uncertainties associated with (i) the ability of the parties to consummate the merger on the expected timeline, or at all; (ii) the expected synergies and savings associated with the merger; (iii) the ability to realize the anticipated benefits of the merger, including the expected elimination of certain expenses and costs due to the merger; (iv) the percentage of PTMN shareholders and LRFC shareholders voting in favor of the applicable Proposal (as defined below) submitted for their approval; (v) the possibility that competing offers or acquisition proposals will be made; (vi) the possibility that any or all of the various conditions to the consummation of the merger may not be satisfied or waived; (vii) risks related to diverting management’s attention from ongoing business operations; (viii) the combined company’s plans, expectations, objectives and intentions, as a result of the merger; (ix) any potential termination of the merger agreement; (x) the future operating results and net investment income projections of PTMN, LRFC or, following the closing of the merger, the combined company; (xi) the ability of Sierra Crest to implement its future plans with respect to the combined company; (xii) the ability of Sierra Crest and its affiliates to attract and retain highly talented professionals; (xiii) the business prospects of PTMN, LRFC or, following the closing of the merger, the combined company, and the prospects of their portfolio companies; (xiv) the impact of the investments that PTMN, LRFC or, following the closing of the merger, the combined company expect to make; (xv) the ability of the portfolio companies of PTMN, LRFC or, following the closing of the merger, the combined company to achieve their objectives; (xvi) the expected financings and investments and additional leverage that PTMN, LRFC or, following the closing of the merger, the combined company may seek to incur in the future; (xvii) the adequacy of the cash resources and working capital of PTMN, LRFC or, following the closing of the merger, the combined company; (xviii) the timing of cash flows, if any, from the operations of the portfolio companies of PTMN, LRFC or, following the closing of the merger, the combined company; (xix) the risk that stockholder litigation in connection with the merger may result in significant costs of defense and liability; and (xx) future changes in laws or regulations (including the interpretation of these laws and regulations by regulatory authorities). PTMN and LRFC have based the forward-looking statements included in this document on information available to them on the date hereof, and they assume no obligation to update any such forward-looking statements. Although PTMN and LRFC undertake no obligation to revise or update any forward-looking statements, whether as a result of new information, future events or otherwise, you are advised to consult any additional disclosures that they may make directly to you or through reports that PTMN and LRFC in the future may file with the SEC, including the Registration Statement and Joint Proxy Statement (in each case, as defined below), annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K.

    No Offer or Solicitation

    This communication is not, and under no circumstances is it to be construed as, a prospectus or an advertisement and the communication is not, and under no circumstances is it to be construed as, an offer to sell or a solicitation of an offer to purchase any securities in PTMN, LRFC or in any fund or other investment vehicle managed by BC Partners or any of its affiliates.

    Additional Information and Where to Find It

    This communication relates to the proposed merger of PTMN and LRFC and certain related matters (the “Proposals”). In connection with the Proposals, PTMN has filed a registration statement (Registration No. 333-285230) with the SEC (the “Registration Statement”) that contains a combined joint proxy statement for PTMN and LRFC and a prospectus of PTMN (the “Joint Proxy Statement”) and has mailed the Joint Proxy Statement to its and LRFC’s respective shareholders. The Registration Statement and Joint Proxy Statement will contain important information about PTMN, LRFC and the Proposals. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. SHAREHOLDERS OF PTMN AND LRFC ARE URGED TO READ THE REGISTRATION STATEMENT, JOINT PROXY STATEMENT AND OTHER DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT PTMN, LRFC AND THE PROPOSALS. Investors and security holders will be able to obtain the documents filed with the SEC free of charge at the SEC’s website, http://www.sec.gov or, for documents filed by PTMN, from PTMN’s website at https://www.portmanridge.com, and, for documents filed by LRFC, from LRFC’s website at https://www.loganridgefinance.com.

    Participants in the Solicitation

    PTMN, its directors, certain of its executive officers and certain employees and officers of Sierra Crest and its affiliates may be deemed to be participants in the solicitation of proxies in connection with the Proposals. Information about the directors and executive officers of PTMN is set forth in its proxy statement for its 2025 Annual Meeting of Stockholders, which was filed with the SEC on April 29, 2025. LRFC, its directors, certain of its executive officers and certain employees and officers of Mount Logan and its affiliates may be deemed to be participants in the solicitation of proxies in connection with the Proposals. Information about the directors and executive officers of LRFC is set forth in the Annual Report on Form 10-K/A, which was filed with the SEC on April 29, 2025. Information regarding the persons who may, under the rules of the SEC, be considered participants in the solicitation of the PTMN and LRFC shareholders in connection with the Proposals will be contained in the Registration Statement, including the Joint Proxy Statement included therein, and other relevant materials when such documents become available. These documents may be obtained free of charge from the sources indicated above.

    Contacts:
    Portman Ridge Finance Corporation
    650 Madison Avenue, 3rd floor
    New York, NY 10022

    Logan Ridge Finance Corporation
    650 Madison Avenue, 3rd floor
    New York, NY 10022

    Brandon Satoren
    Chief Financial Officer (PTMN and LRFC)
    Brandon.Satoren@bcpartners.com
    (212) 891-2880

    The Equity Group Inc.
    Lena Cati
    lcati@equityny.com
    (212) 836-9611

    Val Ferraro
    vferraro@equityny.com
    (212) 836-9633

    The MIL Network –

    June 4, 2025
  • MIL-OSI: Diversified Royalty Corp. Announces June 2025 Cash Dividend

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, June 03, 2025 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.02083 per common share for the period of June 1, 2025 to June 30, 2025, which is equal to $0.25 per common share on an annualized basis. The dividend will be paid on June 30, 2025 to shareholders of record as of the close of business on June 13, 2025.

    About Diversified Royalty Corp.

    DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America. DIV’s objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors.

    DIV currently owns the Mr. Lube + Tires, AIR MILES®, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademarks. Mr. Lube + Tires is the leading quick lube service business in Canada, with locations across Canada. AIR MILES® is Canada’s largest coalition loyalty program. Sutton is among the leading residential real estate brokerage franchisor businesses in Canada. Mr. Mikes operates casual steakhouse restaurants primarily in western Canadian communities. Nurse Next Door is a home care provider with locations across Canada and the United States as well as in Australia. Oxford Learning Centres is one of Canada’s leading franchisee supplemental education services. Stratus Building Solutions is a leading commercial cleaning service franchise company providing comprehensive janitorial, building cleaning, and office cleaning services primarily in the United States. BarBurrito is the largest quick service Mexican restaurant food chain in Canada.

    DIV’s objective is to increase cash flow per share by making accretive royalty purchases and through the growth of purchased royalties. DIV intends to continue to pay a predictable and stable monthly dividend to shareholders and increase the dividend over time, in each case as cash flow per share allows.

    Forward Looking Statements

    Certain statements contained in this news release may constitute “forward-looking information” within the meaning of applicable securities laws that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “intend”, “may”, “will”, ”project”, “should”, “believe”, “confident”, “plan” and “intends” and similar expressions are intended to identify forward-looking information, although not all forward-looking information contains these identifying words. Specifically, forward-looking information in this news release includes, but is not limited to, statements made in relation to: the amount and timing of the June 2025 dividend to be paid to DIV’s shareholders; DIV’s objective to continue to pay predictable and stable monthly dividends to shareholders; and DIV’s corporate objectives. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events, performance, or achievements of DIV to differ materially from those anticipated or implied by such forward-looking information. DIV believes that the expectations reflected in the forward-looking information included in this news release are reasonable but no assurance can be given that these expectations will prove to be correct. In particular there can be no assurance that: DIV will be able to make monthly dividend payments to the holders of its common shares; or DIV will achieve any of its corporate objectives. Given these uncertainties, readers are cautioned that forward-looking information included in this news release are not guarantees of future performance, and such forward-looking information should not be unduly relied upon. More information about the risks and uncertainties affecting DIV’s business and the businesses of its royalty partners can be found in the “Risk Factors” section of its Annual Information Form dated March 24, 2025 and in its most recent Management’s Discussion and Analysis, copies of each of which are available under DIV’s profile on SEDAR+ at www.sedarplus.com.

    In formulating the forward-looking information contained herein, management has assumed that, among other things, DIV will generate sufficient cash flows from its royalties to service its debt and pay dividends to shareholders; the business and economic conditions affecting DIV and its royalty partners will continue substantially in the ordinary course, including without limitation with respect to general industry conditions, general levels of economic activity and regulations. These assumptions, although considered reasonable by management at the time of preparation, may prove to be incorrect.

    All of the forward-looking statements made in this news release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, DIV. The forward-looking information included in this news release is presented as of the date of this news release and DIV assumes no obligation to publicly update or revise such information to reflect new events or circumstances, except as may be required by applicable law.

    THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS RELEASE.

    Additional Information

    Additional information relating to the Corporation and other public filings, is available on SEDAR+ at www.sedarplus.com.

    Contact:
    Sean Morrison, President and Chief Executive Officer
    Diversified Royalty Corp.
    (236) 521-8470

    Greg Gutmanis, Chief Financial Officer and VP Acquisitions
    Diversified Royalty Corp.
    (236) 521-8471

    The MIL Network –

    June 4, 2025
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