Category: Trade

  • MIL-OSI Security: Met appeals for public’s help to keep Carnival safe in 2025

    Source: United Kingdom London Metropolitan Police

    The Met is appealing for anyone with information about groups or individuals intending to engage in violence at this year’s Notting Hill Carnival to come forward.

    Officers are working with the independent charity Crimestoppers as part of a plan to keep Carnival free from knife crime, serious violence and violence against women and girls.

    Deputy Assistant Commissioner Matt Ward, the police commander for this year’s event, said: “Notting Hill Carnival is an iconic event in London’s cultural calendar which is celebrated by many from across the capital, the UK and beyond. With less than six weeks to go before this year’s event, the Met continues to work closely with organisers and partners to ensure it’s a safe and spectacular experience for those visiting.

    “Regrettably, amongst the millions of carnivalists who have attended over many years there has been a tiny minority of individuals intent on causing serious harm to others, including violent crime and sexual offences.

    “Their actions stand in stark contrast to the traditions and values of Carnival and I welcome those voices in the community who have stood up to condemn violence and serious criminality at the event. I fully support the organisers’ recent announcement of a new, innovative partnership with the Elba Hope Foundation to divert young people away from crime and particularly knife crime.

    “Carnival’s growing popularity and size creates unique challenges. Around 7,000 officers and staff will be deployed each day over the coming August Bank Holiday weekend. Their priority is to keep people safe, including preventing serious violence, such as knife crime and violence against women and girls.”

    The Met’s activity has already started with a focus on deterring or preventing those who pose the greatest threat to public safety and the security of Carnival:

    • We are sharing intelligence with forces across the country to identify those violent gangs who are planning to attend Carnival.
    • We are working with others, including local authorities and the courts, to seek banning orders to exclude those attending who have a history of violence or sexual offending at Carnival.
    • We are carrying out pre-emptive intelligence-led arrests and searches of those believed to be in possession of weapons or involved in the supply of drugs. Last year there were 160 such arrests prior to the event for offences including possession of firearms, drugs supply, rape and other serious sexual assaults.
    • During the Bank Holiday weekend we will be using live facial recognition cameras on the approach to and from Carnival, outside the boundaries of the event itself, to help officers identify and intercept those who pose a public safety risk before they get to the crowded streets of Notting Hill, and to ensure those attending are able to get home safely.
    • We will be deploying screening arches at some of the busiest entry points, using stop and search powers to prevent knives and other deadly weapons being carried at Carnival.

    But to keep Carnival as safe as it is spectacular we also need the public’s help.

    That is why we have, once again, partnered with Crimestoppers to make it easier for anyone with information to report it anonymously.

    Crimestoppers is an independent charity, not part of the police and 100 per cent anonymous. Their commitment to protect people’s identity is iron-clad – they won’t ask for a name and can’t identify any telephone numbers or IP addresses if you are reporting online.

    All you need to do is call 0800 555 111 or visit www.crimestoppers-uk.org

    DAC Ward added: “The best way to prevent serious crime at Carnival, including violence and sexual offending, is to intervene and target the small number of dangerous offenders before they get to the event.

    “If you know anyone who may be planning to take a knife or weapon to Carnival, if you worry that they’re part of a group going with the intent to commit offences or confront rival groups, or that they are being put under pressure or being exploited, or if you have any other information that could help, then please speak up and stand up for Carnival. In doing so, you could be saving a life.”

    Further information about the use of Live Facial Recognition (LFR):

    So far in 2025 there have been 111 deployments of LFR, resulting in 512 arrests.

    During the Bank Holiday weekend, LFR will be deployed on the approaches to Carnival, but not within the boundaries of the event.

    Officers will be searching for people who are marked as being wanted on the Police National Computer, those who are shown as missing (including young people who may also be at risk of either criminal or sexual exploitation) and those subject to sexual harm prevention orders because of the risk they pose, particularly to women and girls.

    LFR cameras capture live footage of people passing by and compare their faces against a bespoke watchlist of wanted offenders.

    If a match is detected, the system generates an alert. An officer will then review the match and decide if they wish to speak with the individual.

    Officers conduct further checks, such as reviewing court orders or other relevant information, to determine if the person is a suspect.

    Importantly, an alert from the system does not automatically result in an arrest – officers make a decision about whether further action is necessary following engagement.

    There are robust safeguards in place regarding LFR. if a member of the public walks past an LFR camera and is not wanted by the police, their biometrics are immediately and permanently deleted.

    For more on the Met’s use of LFR, visit Live Facial Recognition | Metropolitan Police

    MIL Security OSI

  • MIL-OSI Russia: Yandex Market to Open First Seller Service Center in China

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 18 (Xinhua) — Russia’s leading e-commerce platform Yandex Market announced the opening of its first seller service center in China in Hangzhou, capital of east China’s Zhejiang Province.

    According to the China Daily newspaper, Yandex Market and the Department of Commerce of Yuhang District of Hangzhou officially signed a cooperation agreement during the Global Cross-Border E-commerce Trade Expo held in Hangzhou.

    As the representative of the Yandex Market platform noted, the main goal of creating a seller service center in Hangzhou is to provide high-quality services to sellers and help them quickly enter the Russian market. Moreover, in 2025, Yandex Market plans to attract 50 thousand new local sellers.

    Hangzhou has established China’s first comprehensive cross-border e-commerce pilot zone, with a large number of experienced merchants targeting markets in Europe, the United States, Southeast Asia and other regions. -0-

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

    .

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: “Immersive Hong Kong” roving exhibition opens in Qingdao (with photos)

    Source: Hong Kong Government special administrative region – 4

         The “Immersive Hong Kong” roving exhibition, organised by the Information Services Department (ISD) of the Hong Kong Special Administrative Region (HKSAR) Government  to showcase the diversity and latest developments of Hong Kong through interactive art technology, opened in Qingdao today (July 18). 

         Co-organised by the Shandong Liaison Unit of the HKSAR Government, the exhibition, themed “Hong Kong – Where the World Looks Ahead”, invites visitors from Qingdao and the entire Shandong Province to explore the unique opportunities and potential for tourism, education, business and investment in Hong Kong.

         The exhibition enables visitors to delve into different virtual scenes representing the city, with a creative twist. The five thematic zones, namely “Financial Bridgehead”, “I&T Brain Bank”, “Blossoming Creativity”, “Diversity and Greenery” and “Buzzing Sports Action”, feature multiple interactive art projections, light box installations and naked-eye 3D displays, representing the distinctive appeal of Hong Kong.

         Visitors may also enjoy Hong Kong’s vibrant and colourful skyline, illustrated by Hong Kong artist Messy Desk (Jane Lee), at a photo corner in the venue. Promotional videos on Hong Kong and digital panels presenting information about the city, as well as insights from Mainland companies about their experiences in Hong Kong, are also on display, highlighting why the city is one of the most desirable places to visit, study, live, work and invest.

         Speaking at the opening ceremony today, the Director of Information Services, Mrs Apollonia Liu, said that this year marks the 10th anniversary of the Belt and Road Summit organised by the HKSAR, and that three node cities along the Belt and Road on the Mainland were specially selected to hold the exhibition. The first stop was successfully held in Shanghai last month, attracting more than 180 000 visitors, while Qingdao is the second stop, to be followed by Chengdu. 

         She said, “The eligible cities of the Individual Visit Scheme (IVS) expanded to Qingdao in March last year, enabling residents of Qingdao to explore Hong Kong in a more flexible and convenient manner. In addition to deepening exchanges and fostering cultural integration and people-to-people bonds between the two cities, IVS tourists also represent an important force in driving the business of tourism-related industries in Hong Kong.”

         Mrs Liu added that, although Hong Kong and Qingdao are far apart geographically, the two cities are in fact within arm’s reach. They are linked by multiple direct flights operating daily, with a flight time of just over three hours. This offers an excellent foundation for the two cities to further deepen tourism co-operation, promote resource sharing, and facilitate the two-way flow of visitors.

         Introducing the highlights of the exhibition, Mrs Liu said a “Buzzing Sports Action” thematic zone has been set up, serving as pre-event publicity for the 15th National Games to be cohosted by Hong Kong, Guangdong and Macao in November this year. The cultural and tourism appeal, as well as the latest developments of Hong Kong, is also shown in a comprehensive manner through naked-eye 3D displays and interactive games.

         Mrs Liu expressed hope that the exhibition would provide an opportunity for friends from Qingdao to experience Hong Kong’s charm from different aspects, sparking their interest to learn more about Hong Kong and visit the city.

         To give Qingdao audiences a taste of Hong Kong’s cultural offerings, a wind instrument performance by two young Hong Kong music talents – the Hong Kong Chinese Orchestra Suona Principal Ma Wai-him and pianist Aaron Leung – will be staged at the exhibition venue on July 19 and 20. 

         During the exhibition, an interactive game, “Snap a cool shot @Immersive Hong Kong”, will offer attractive prizes sponsored by Cathay Pacific for two winners. The winner of the Grand Prize will receive a pair of round-trip business class air tickets from Qingdao to Hong Kong, while the runner-up will receive a pair of round-trip economy class air tickets on the same itinerary.

         The exhibition is being held at Lion Mall, a major shopping centre in Qingdao, until July 27. Admission is free.

         Qingdao is the seventh stop of the exhibition, following its successful staging in a total of six cities in Mainland China, the Association of Southeast Asian Nations, and the Middle East between July 2023 and June 2025.

         Supporting organisations of the exhibition include the Belt and Road Office of the Commerce and Economic Development Bureau, Hong Kong Talent Engage, Cathay Pacific, the Hong Kong Trade Development Council, the Hong Kong Tourism Board, and the Kai Tak Sports Park.

         More information on the exhibition is available on the dedicated page on the Brand Hong Kong website and the Hong Kong Economic and Trade Office in Shanghai website.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: “Immersive Hong Kong” roving exhibition opens in Qingdao (with photos)

    Source: Hong Kong Government special administrative region – 4

         The “Immersive Hong Kong” roving exhibition, organised by the Information Services Department (ISD) of the Hong Kong Special Administrative Region (HKSAR) Government  to showcase the diversity and latest developments of Hong Kong through interactive art technology, opened in Qingdao today (July 18). 

         Co-organised by the Shandong Liaison Unit of the HKSAR Government, the exhibition, themed “Hong Kong – Where the World Looks Ahead”, invites visitors from Qingdao and the entire Shandong Province to explore the unique opportunities and potential for tourism, education, business and investment in Hong Kong.

         The exhibition enables visitors to delve into different virtual scenes representing the city, with a creative twist. The five thematic zones, namely “Financial Bridgehead”, “I&T Brain Bank”, “Blossoming Creativity”, “Diversity and Greenery” and “Buzzing Sports Action”, feature multiple interactive art projections, light box installations and naked-eye 3D displays, representing the distinctive appeal of Hong Kong.

         Visitors may also enjoy Hong Kong’s vibrant and colourful skyline, illustrated by Hong Kong artist Messy Desk (Jane Lee), at a photo corner in the venue. Promotional videos on Hong Kong and digital panels presenting information about the city, as well as insights from Mainland companies about their experiences in Hong Kong, are also on display, highlighting why the city is one of the most desirable places to visit, study, live, work and invest.

         Speaking at the opening ceremony today, the Director of Information Services, Mrs Apollonia Liu, said that this year marks the 10th anniversary of the Belt and Road Summit organised by the HKSAR, and that three node cities along the Belt and Road on the Mainland were specially selected to hold the exhibition. The first stop was successfully held in Shanghai last month, attracting more than 180 000 visitors, while Qingdao is the second stop, to be followed by Chengdu. 

         She said, “The eligible cities of the Individual Visit Scheme (IVS) expanded to Qingdao in March last year, enabling residents of Qingdao to explore Hong Kong in a more flexible and convenient manner. In addition to deepening exchanges and fostering cultural integration and people-to-people bonds between the two cities, IVS tourists also represent an important force in driving the business of tourism-related industries in Hong Kong.”

         Mrs Liu added that, although Hong Kong and Qingdao are far apart geographically, the two cities are in fact within arm’s reach. They are linked by multiple direct flights operating daily, with a flight time of just over three hours. This offers an excellent foundation for the two cities to further deepen tourism co-operation, promote resource sharing, and facilitate the two-way flow of visitors.

         Introducing the highlights of the exhibition, Mrs Liu said a “Buzzing Sports Action” thematic zone has been set up, serving as pre-event publicity for the 15th National Games to be cohosted by Hong Kong, Guangdong and Macao in November this year. The cultural and tourism appeal, as well as the latest developments of Hong Kong, is also shown in a comprehensive manner through naked-eye 3D displays and interactive games.

         Mrs Liu expressed hope that the exhibition would provide an opportunity for friends from Qingdao to experience Hong Kong’s charm from different aspects, sparking their interest to learn more about Hong Kong and visit the city.

         To give Qingdao audiences a taste of Hong Kong’s cultural offerings, a wind instrument performance by two young Hong Kong music talents – the Hong Kong Chinese Orchestra Suona Principal Ma Wai-him and pianist Aaron Leung – will be staged at the exhibition venue on July 19 and 20. 

         During the exhibition, an interactive game, “Snap a cool shot @Immersive Hong Kong”, will offer attractive prizes sponsored by Cathay Pacific for two winners. The winner of the Grand Prize will receive a pair of round-trip business class air tickets from Qingdao to Hong Kong, while the runner-up will receive a pair of round-trip economy class air tickets on the same itinerary.

         The exhibition is being held at Lion Mall, a major shopping centre in Qingdao, until July 27. Admission is free.

         Qingdao is the seventh stop of the exhibition, following its successful staging in a total of six cities in Mainland China, the Association of Southeast Asian Nations, and the Middle East between July 2023 and June 2025.

         Supporting organisations of the exhibition include the Belt and Road Office of the Commerce and Economic Development Bureau, Hong Kong Talent Engage, Cathay Pacific, the Hong Kong Trade Development Council, the Hong Kong Tourism Board, and the Kai Tak Sports Park.

         More information on the exhibition is available on the dedicated page on the Brand Hong Kong website and the Hong Kong Economic and Trade Office in Shanghai website.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: President Lai meets President of Guatemalan Congress Nery Abilio Ramos y Ramos  

    Source: Republic of China Taiwan

    Details
    2025-07-08
    President Lai meets delegation led by Foreign Minister Jean-Victor Harvel Jean-Baptiste of Republic of Haiti
    On the morning of July 8, President Lai Ching-te met with a delegation led by Minister of Foreign Affairs Jean-Victor Harvel Jean-Baptiste of the Republic of Haiti and his wife. In remarks, President Lai noted that our two countries will soon mark the 70th anniversary of diplomatic relations and that our exchanges have been fruitful in important areas such as public security, educational cooperation, and infrastructure. The president stated that Taiwan will continue to work together with Haiti to promote the development of medical and health care, food security, and construction that benefits people’s livelihoods. The president thanked Haiti for supporting Taiwan’s international participation and expressed hope that both countries will continue to support each other, deepen cooperation, and face various challenges together. A translation of President Lai’s remarks follows: I am delighted to meet and exchange ideas with Minister Jean-Baptiste, his wife, and our distinguished guests. Minister Jean-Baptiste is the highest-ranking official from Haiti to visit Taiwan since former President Jovenel Moïse visited in 2018, demonstrating the importance that the Haitian government attaches to our bilateral diplomatic ties. On behalf of the Republic of China (Taiwan), I extend a sincere welcome. Next year marks the 70th anniversary of the establishment of diplomatic ties between our two countries. Our bilateral exchanges have been fruitful in important areas such as public security, educational cooperation, and infrastructure. Over the past few years, Haiti has faced challenges in such areas as food supply and healthcare. Taiwan will continue to work together with Haiti through various cooperative programs to promote the development of medical and health care, food security, and construction that benefits people’s livelihoods. I want to thank the government of Haiti and Minister Jean-Baptiste for speaking out in support of Taiwan on the international stage for many years. Minister Jean-Baptiste’s personal letter to the World Health Organization Secretariat in May this year and Minister of Public Health and Population Bertrand Sinal’s public statement during the World Health Assembly both affirmed Taiwan’s efforts and contributions to global public health and supported Taiwan’s international participation, for which we are very grateful. I hope that Taiwan and Haiti will continue to support each other and deepen cooperation. I believe that Minister Jean-Baptiste’s visit will open up more opportunities for cooperation for both countries, helping Taiwan and Haiti face various challenges together. In closing, I once again offer a sincere welcome to the delegation led by Minister Jean-Baptiste, and ask him to convey greetings from Taiwan to Prime Minister Alix Didier Fils-Aimé and the members of the Transitional Presidential Council. Minister Jean-Baptiste then delivered remarks, saying that he is extremely honored to visit Taiwan and reaffirm the solid and friendly cooperative relationship based on mutual respect between the Republic of Haiti and the Republic of China (Taiwan), which will soon mark its 70th anniversary. He also brought greetings to President Lai from Haiti’s Transitional Presidential Council and Prime Minister Fils-Aimé. Minister Jean-Baptiste emphasized that over the past few decades, despite the great geographical distance and developmental and cultural differences between our two countries, we have nevertheless established a firm friendship and demonstrated to the world the progress resulting from the mutual assistance and cooperation between our peoples. Minister Jean-Baptiste pointed out that our two countries cooperate closely in agriculture, health, education, and community development and have achieved concrete results. Taiwan’s voice, he said, is thus essential for the people of Haiti. He noted that Taiwan also plays an important role in peace and innovation and actively participates in global cooperative efforts. Pointing out that the world is currently facing significant challenges and that Haiti is experiencing its most difficult period in history, Minister Jean-Baptiste said that at this time, Taiwan and Haiti need to unite, help each other, and jointly think about how to move forward and deepen bilateral relations to benefit the peoples of both countries. Minister Jean-Baptiste said that he is pleased that throughout our solid and friendly diplomatic relationship, both countries have demonstrated mutual trust, mutual respect, and the values we jointly defend. He then stated his belief that Haiti and Taiwan will together create a cooperation model and future that are sincere, friendly, and sustainable. The delegation was accompanied to the Presidential Office by Chargé d’Affaires a.i. Francilien Victorin of the Embassy of the Republic of Haiti in Taiwan.

    Details
    2025-07-01
    President Lai meets delegation from 2025 Taiwan International Ocean Forum
    On the afternoon of July 1, President Lai Ching-te met with a delegation from the 2025 Taiwan International Ocean Forum (TIOF). In remarks, President Lai noted that the people of Taiwan will continue to work with democratic partners throughout the world in a maritime spirit of freedom and openness to contribute to ocean governance and jointly ensure maritime security. He expressed hope that their visit will help forge stronger friendships between Taiwan and international maritime partners, so that all can work together to spur shared maritime prosperity and sustainable development for the next generation. A translation of President Lai’s remarks follows: I want to thank our guests for coming here to the Presidential Office. The 2025 TIOF will take place tomorrow and the day after, and I thank you all for making the long trip to Taiwan to attend the event and share your valuable insights and experiences. This year’s forum will focus on strategies for strengthening maritime security and pathways to achieving a sustainable blue economy. By attending this forum, our guests are highlighting their commitment to safeguarding the oceans, and beyond that, taking concrete action to demonstrate support for Taiwan. I once again offer deepest gratitude on behalf of the people of Taiwan. Taiwan holds a key position on the first island chain, is one of the world’s top 10 shipping nations, and accounts for close to 10 percent of global container shipping by volume. As such, Taiwan occupies a unique and important position in maritime strategy. For Taiwan, the ocean is more than just a basis for survival and development; it is also an important driver of national prosperity. In my inaugural address last year, I spoke of a threefold approach to further Taiwan’s development. One of these involves further developing our strengths as a maritime nation. Our government must actively help deepen our connections with the ocean, and must continue to promote green shipping, a sustainable fishing industry, marine renewable energy, and other forms of industrial transformation. It must also make use of marine technology and digital innovation to create a new paradigm that balances environmental, economic, and social inclusion concerns. This will help enhance Taiwan’s responsibilities and competitiveness as a maritime nation. Taiwan is surrounded by ocean, and our territorial waters are a natural protective barrier. However, continued gray-zone aggression from China creates serious threats and challenges to peace and stability in the Taiwan Strait. Our government continues to invest resources to deal with increasingly complex maritime security issues. In addition to building coast guard patrol vessels, we must also step up efforts to build underwater, surface, and airborne unmanned vehicles and smart reconnaissance equipment, so as to demonstrate Taiwan’s determination to defend democracy and freedom and commitment to maintaining peace and stability in the Taiwan Strait. Oceans are Taiwan’s roots, and provide the channels by which we engage with the world. The people of Taiwan will continue to work with democratic partners throughout the world in a maritime spirit of freedom and openness to contribute to ocean governance and jointly ensure maritime security. The TIOF was first launched in 2020, and has now become an important platform for enhancement of cooperation between Taiwan and other countries. I hope that our distinguished guests will reap great benefits at this year’s forum, and further hope that this visit will help forge stronger friendships between Taiwan and international maritime partners, so that all can work together to spur shared maritime prosperity and sustainable development for the next generation. Chairman of The Washington Times Thomas McDevitt, a member of the delegation, then delivered remarks, noting first that July 4th, this Friday, is Independence Day in America. Independence is a sacred, powerful word which has great meaning in this part of the world, he said. Chairman McDevitt indicated that Taiwan has truly become a global beacon of democracy and a key partner for many nations. He then quoted President Lai’s 2024 inaugural address: “We will work together to combat disinformation, strengthen democratic resilience, address challenges, and allow Taiwan to become the MVP of the democratic world.” Chairman McDevitt went on to say that he appreciated the president’s speech with regard to his philosophical depth, sensitivity, and both moral and political clarity. He said that he was deeply moved by the speech, but within a few days of it, China responded with military activities and many threats. The chairman then emphasized that we are in a civilization crisis. Chairman McDevitt mentioned that President Lai has begun a series of 10 lectures, and remarked that they would help the world to understand the identity and the nature of Taiwan, as well as the situation we are in in the world. On behalf of all the delegation, Chairman McDevitt thanked the president for his leadership in dealing with these issues thoughtfully. Chairman McDevitt concluded with a line from the Old Testament which states that if the people have no vision, they will perish. He said that he believes Taiwan’s president has led the people of Taiwan, and the world, with a vision of how to navigate this great civilization crisis together. The delegation also included Members of the Japanese House of Representatives Kikawada Hitoshi, Aoyama Yamato, and Genma Kentaro, and Member of Parliament of the United Kingdom Gavin Williamson.

    Details
    2025-06-30
    President Lai meets Minister of State at UK Department for Business and Trade Douglas Alexander  
    On the morning of June 30, President Lai Ching-te met with Douglas Alexander, Minister of State at the Department for Business and Trade of the United Kingdom. In remarks, President Lai thanked the UK government for its longstanding support for peace and stability across the Taiwan Strait, demonstrating that Taiwan and the UK share similar goals. Noting that two years ago, Taiwan and the UK signed an enhanced trade partnership (ETP) arrangement, the president said that today Taiwan and the UK have signed three pillars under the ETP, which will help promote bilateral economic and trade cooperation. He expressed hope of the UK publicly supporting Taiwan’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) so that together we can create an economic and trade landscape in the Indo-Pacific characterized by shared prosperity and development. A translation of President Lai’s remarks follows: First, on behalf of the people of Taiwan, I extend a warm welcome to Minister Alexander and wish a fruitful outcome for the 27th round of Taiwan-UK trade talks later today. Taiwan-UK relations have grown closer in recent years. We have not only continued to strengthen cooperation in such fields as offshore wind power, innovative technologies, and culture and education but also have established regular dialogue mechanisms in the critical areas of economics and trade, energy, and agriculture. The UK is currently Taiwan’s fourth-largest European trading partner, second-largest source of investment from Europe, and third-largest target for investment in Europe. Two years ago, Taiwan and the UK signed an ETP arrangement. This was particularly meaningful, as it was the first institutionalized economic and trade framework between Taiwan and a European country. Today, this arrangement is yielding further results. I am delighted that Taiwan and the UK have signed three pillars under the ETP covering investment, digital trade, and energy and net-zero. This will help promote bilateral economic and trade cooperation and advance industrial development on both sides. I also want to thank the UK government for its longstanding support for peace and stability across the Taiwan Strait. This month, the UK published its Strategic Defence Review 2025 and National Security Strategy 2025, which oppose any unilateral attempts to change the status quo across the Taiwan Strait. These not only demonstrate that Taiwan and the UK share similar goals but also show that security and prosperity in the Indo-Pacific region are inseparable from those of the transatlantic regions. In addition, last November, the House of Commons passed a motion which made clear that United Nations General Assembly (UNGA) Resolution 2758 neither established the sovereignty of the People’s Republic of China over Taiwan nor determined Taiwan’s status in the United Nations. The UK government also responded to the motion by publicly expressing for the first time its position on UNGA Resolution 2758, opposing any attempt to broaden the interpretation of the resolution to rewrite history. For this, on behalf of the people of Taiwan, I once again want to extend my deepest gratitude. Taiwan and the UK have the advantage of being highly complementary in the technology sector. In facing the restructuring of global supply chains and other international economic and trade developments, I believe that Taiwan and the UK are indispensable key partners for one another. I look forward to the UK publicly supporting Taiwan’s accession to the CPTPP so that together, we can create an economic and trade landscape in the Indo-Pacific characterized by shared prosperity and development. In closing, I wish Minister Alexander a pleasant and successful visit. And I hope he has the opportunity to visit Taiwan for personal travel in the future. Minister Alexander then delivered remarks, saying that it is a great personal honor to meet with everyone today to discuss further deepening the UK-Taiwan trade relationship and explore the many opportunities our two sides can pursue together. He mentioned that he traveled to Taiwan in 2022 when he was a private citizen, a visit he thoroughly enjoyed, so he is delighted to be back to see the strength of the UK-Taiwan relationship and the strengthening of that relationship. He said that relationship is built on mutual respect, democratic values, and a shared vision for open, resilient, and rules-based economic cooperation. As like-minded partners, he pointed out, our collaboration continues to grow across multiple sectors, and he is here today to further that momentum. Minister Alexander stated that on trade and investment, he is proud that this morning we signed the ETP Pillars on Investment, Digital Trade, Energy and Net Zero, which will provide a clear framework for our future cooperation and lay the foundation for expanded access and market-shaping engagement between our two economies. The minister said he believes that together with our annual trade talks, this partnership will help UK’s firms secure new commercial opportunities, improve regulatory alignment, and promote long-term investment in key growth areas, which in turn will also support Taiwan’s efforts to expand high-quality trade relationships with trusted partners. Minister Alexander said that President Lai’s promotion of the Five Trusted Industry Sectors and the UK’s recently published industrial and trade strategies are very well-aligned, as both cover clean energy and semiconductors as well as advanced manufacturing. He then provided an example, saying that both sides plan to invest in AI infrastructure and compute power-creating opportunities for great joint research in the future. By combining our strengths in these areas, he said, we can open the door to innovative collaboration and commercial success for both sides. He mentioned that yesterday he visited the Taiwan Space Agency, commenting that in sectors such as satellite technology, green energy, and cyber security, British expertise and trusted standards can provide meaningful solutions. Noting that President Lai spoke in his remarks of the broader challenge of peace and security in the region, Minister Alexander stated that the United Kingdom has, of course, also continued to affirm its commitment to peace and stability in the Taiwan Strait, along with its G7 partners. The UK-Taiwan relationship is strategic, enduring, and growing, he stated, and they reaffirm and remain firm in their longstanding position and confident in their ability to work together to support both prosperity and resilience in both of our societies. Minister Alexander said that, as Taiwan looks to diversify capital and build global partnerships, they believe the UK represents a strong and ambitious investment destination, particularly for Taiwanese companies at the very forefront of robotics, clean tech, and advanced industry. He pointed out that the UK’s markets are stable, open, and aligned with Taiwan’s vision of a high-tech, sustainable future, adding that he looks forward to our discussion on how we can further deepen our cooperation across all of these areas and more. The delegation also included Martin Kent, His Majesty’s Trade Commissioner for Asia Pacific at the UK Department for Business and Trade. The delegation was accompanied to the Presidential Office by British Office Taipei Representative Ruth Bradley-Jones.   

    Details
    2025-06-27
    President Lai confers decoration on former Japan-Taiwan Exchange Association Chairman Ohashi Mitsuo
    On the morning of June 27, President Lai Ching-te conferred the Order of Brilliant Star with Grand Cordon upon former Chairman of the Japan-Taiwan Exchange Association Ohashi Mitsuo in recognition of his firm convictions and tireless efforts in promoting Taiwan-Japan exchanges. In remarks, President Lai stated that Chairman Ohashi cares for Taiwan like a family member, and expressed hope that Taiwan and Japan continue to deepen their partnership, bring about the early signing of an economic partnership agreement (EPA), and jointly build secure and stable non-red supply chains as we boost the resilience and competitiveness of our economies and jointly safeguard the values of freedom and democracy. A translation of President Lai’s remarks follows: Every meeting I have with Chairman Ohashi, with whom I have worked side by side for many years, is warm and friendly. I recall that when we met last year, Chairman Ohashi said that he often thinks about what Japan can do for Taiwan and what Taiwan can do for Japan, and that it is that mutual concern that makes us so close. This was a truly moving statement illustrating the relationship between Taiwan and Japan. Chairman Ohashi has also said numerous times that our bilateral relations may very well be the best in the entire world, and that in fact they may serve as a model to other countries. Indeed, Chairman Ohashi is himself an exemplary model for friendly relations between Taiwan and Japan. His spirit of always working tirelessly to promote Taiwan-Japan exchanges is truly admirable. Assuming the position of chairman of the Japan-Taiwan Exchange Association in 2011, he served during the terms of former Presidents Ma Ying-jeou and Tsai Ing-wen, continuously making positive contributions to Taiwan-Japan relations. Over these past 14 years, Taiwan and Japan have signed over 50 major agreements, spanning the economy and trade, fisheries, and taxes, among other areas. In 2017, the Taiwan-Japan Relations Association and the Japan-Taiwan Exchange Association underwent name changes, strengthening the essence and significance of Taiwan-Japan relations. These great achievements were all made possible thanks to the firm convictions and tireless efforts of Chairman Ohashi. On behalf of the people of Taiwan, I am delighted to confer upon Chairman Ohashi the Order of Brilliant Star with Grand Cordon to express our deepest thanks for his outstanding contributions. Chairman Ohashi is not just a good friend of Taiwan, but someone who cares for Taiwan like a family member. When a major earthquake struck in 2016, he personally went to Tainan to assess the situation and meet with the city government. This outpouring of friendship and support across borders was deeply moving. As we look to the future, I hope that Taiwan and Japan can continue to deepen our partnership. In addition to bringing about the early signing of an EPA, I also hope that we can expand collaboration in key areas such as semiconductors, energy, and AI, continue building secure and stable non-red supply chains, and boost the resilience and competitiveness of our economies as well as peace and stability in the Indo-Pacific. As Chairman Ohashi has said, the close bilateral relationship between Taiwan and Japan is one the world can be proud of. I would like to thank him once again for his contributions to deepening Taiwan-Japan ties. Taiwan will continue to forge ahead side by side with Japan, jointly safeguarding the values of freedom and democracy and mutually advancing prosperous development. I wish Chairman Ohashi good health, happiness, peace, and success in his future endeavors, and invite him to return to Taiwan often to visit old friends. Chairman Ohashi then delivered remarks, first thanking President Lai for his kind words. He stated that the Taiwan-Japan relationship is not only worthy of praise; it can also serve as a superb model in the world for bilateral relations that is worthy of study by other countries. He added that this is the result of the collective efforts of President Lai as well as many other individuals. Chairman Ohashi said that the current international situation is rather severe, with wars and conflicts occurring between many neighboring countries. He said that there is a growing trend of nuclear weapon proliferation, emphasizing that use of such weapons would cause significant harm between nations. He also pointed out that some countries even use nuclear weapons as a threat, leading to instability and impacting the global situation. Chairman Ohashi said that neither Taiwan nor Japan possesses nuclear weapons, which is something to be proud of. That is why, he said, we can declare that a world without nuclear weapons is a peaceful world. He also mentioned that during his tenure as chairman of the Japan-Taiwan Exchange Association, he consistently upheld this principle in his work. Chairman Ohashi said that the mission of the World Federalist Movement (WFM) is to promote world peace. He said that the WFM has branches in countries worldwide, with the WFM of Japan being one of the most prominent, and that it also aspires to achieve the goal of world peace. Having served as chairman of the Japan-Taiwan Exchange Association for 14 years, he said, he is now stepping down from this role and will serve as the chairman of the WFM of Japan, aiming to promote peace in countries around the world. Chairman Ohashi said that both Taiwan and Japan can take pride in our friendly bilateral relationship, emphasizing that if the good relationship between Japan and Taiwan could be offered as an example to countries around the world, there would be no more wars. He expressed his sincere hope that under President Lai’s leadership, Taiwan and Japan can work together to jointly promote world peace. Also in attendance at the ceremony was Japan-Taiwan Exchange Association Taipei Office Chief Representative Katayama Kazuyuki.

    Details
    2025-06-25
    President Lai meets Japan’s former Economic Security Minister Kobayashi Takayuki
    On the afternoon of June 25, President Lai Ching-te met with Kobayashi Takayuki, Japan’s former economic security minister and a current member of the House of Representatives. In remarks, President Lai expressed hope to combine the strengths of the democratic community to build resilient, reliable non-red supply chains, and ensure a resilient global economy and sustainable development. He also expressed hope that Taiwan and Japan can bring about the early signing of an economic partnership agreement (EPA), and that Japan will continue supporting Taiwan’s bid to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), enhancing our own bilateral partnership, as doing so would create win-win situations and further contribute to regional economic security and stability. The following is a translation of President Lai’s remarks: I welcome Representative Kobayashi back to Taiwan for another visit after seven years. During his last visit, he was with a delegation from the Liberal Democratic Party (LDP) Youth Division, and we met at the Executive Yuan. I am very happy to see him again today. Representative Kobayashi has long paid close attention to matters involving economic security, technological innovation, and aerospace policy. He also made a stunning debut in last year’s LDP presidential election, showing that he is truly a rising star and an influential figure in the political sphere. With this visit, Representative Kobayashi is demonstrating support for Taiwan with concrete action, which is very meaningful. Taiwan and Japan are both part of the first island chain’s key line of defense. We thank the many Japanese prime ministers, including former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as current Prime Minister Ishiba Shigeru, for the many times they have highlighted the importance of peace and stability in the Taiwan Strait at important international venues, and for expressing opposition to the use of force or coercion to unilaterally change the status quo in the Taiwan Strait. I hope that Taiwan and Japan can engage in more cooperation and exchanges to promote peace and prosperity in the Indo-Pacific region in all aspects. In particular, China in recent years has been actively expanding its red supply chains, which threaten the global free trade system and advanced technology markets. Taiwan hopes to combine the strengths of the democratic community to build resilient, reliable non-red supply chains. In the semiconductor industry, for example, Taiwan has excellent advanced manufacturing capabilities, while Japan plays an important role in materials, equipment, and key technologies. I am confident that, given the experience that Taiwan and Japan have in cooperating, we can build an industrial supply chain composed of democratic nations to ensure a resilient global economy and sustainable development. I hope that Taiwan and Japan can bring about the early signing of an EPA in order to deepen our bilateral trade and investment exchanges and cooperation. I also hope that Japan will continue supporting Taiwan’s bid to join the CPTPP, enhancing our own bilateral partnership, as doing so would create win-win situations and further contribute to regional economic security and stability. Taiwan and Japan are democratic partners that share the values of freedom, democracy, and respect for human rights. I firmly believe that so long as we work together, we can certainly address the challenges posed by authoritarianism, and bring prosperity and development to the Indo-Pacific region. In closing, I welcome Representative Kobayashi once again. I am certain that this visit will help enhance Taiwan-Japan exchanges and deepen our friendship. Representative Kobayashi then delivered remarks, first thanking President Lai for taking the time to meet with him, and noting that this was his second visit to Taiwan following a trip seven years prior, when he came with his good friend from college and then-Director of the LDP Youth Division Suzuki Keisuke, now Japan’s minister of justice. Representative Kobayashi mentioned a Japanese kanji that he is very fond of – 絆 (kizuna) – which means “deep ties of friendship.” He emphasized that a key purpose of this visit to Taiwan was to reiterate the deep ties of friendship between Taiwan and Japan. In addition to deep historical ties, he said, Taiwan and Japan also enjoy a like-minded partnership in terms of economic, personnel, and friendship-oriented exchanges. He went on to say that at the strategic level, Taiwan and Japan also have deep ties of friendship, and that for Japan, it is strategically important that Taiwan not be isolated under any circumstances. Representative Kobayashi emphasized that cooperation between Taiwan and Japan, and even cooperation among Taiwan, Japan, and the United States, are more important now than ever, and that another important focus of this visit is the non-red supply chains referred to earlier by President Lai. He said that as Japan’s first economic security minister and the person currently in charge of the LDP’s policy on economic security, he is acutely aware of the important impact of economic security on national interests, and therefore looks forward to further exchanging views regarding Taiwan’s concrete steps to build non-red supply chains. The delegation was accompanied to the Presidential Office by Japan-Taiwan Exchange Association Deputy Representative Takaba Yo.

    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

  • MIL-OSI: Virturo Broker Launches Enhanced AI-Powered Trading Suite at London Investor Summit

    Source: GlobeNewswire (MIL-OSI)

    LONDON, UK, July 18, 2025 (GLOBE NEWSWIRE) — Virturo unveiled its next-generation trading technologies, reaffirming its leadership in premium CFD, Forex, and crypto brokerage for high-net-worth clients, at the July 2025 London Investor Summit. Virturo, the pioneering multi-asset broker, today reaffirms its commitment to high-net-worth clients by leveraging cutting-edge technology and AI-driven analytics. With its proprietary MarketFlow™ engine and AI-powered RiskGuard™ tools, Virturo delivers institutional-grade execution speed, robust security, and intelligent portfolio management across CFDs, Forex, and cryptocurrencies.

    A Unified Vision: Cutting-Edge Technology Meets Deep Expertise

    Since its launch, Virturo has focused on creating a world of opportunity for every client—whether opening a Basic Retail account or leveraging our VIP Professional tier. Through our proprietary MarketFlow™ engine, traders gain access to deep liquidity across CFDs, Forex, and cryptocurrencies, fractional positions on blue-chip equities, and algorithm-driven order execution that adapts in real time to market conditions. Beyond technology, Virturo’s dedicated team of Investment Specialists goes the extra mile: hosting one-on-one portfolio reviews, delivering bespoke market insights, and tailoring risk parameters to each individual’s objectives. From interactive webinars on emerging asset classes to around-the-clock chat support, we ensure that every investor—regardless of account size—benefits from institutional-grade tools, personalized guidance, and a seamless trading experience.

    • MarketFlow™ Engine: Sub-millisecond execution across 3,000+ CFDs—including Equities, Forex, Indices, Commodities, and Cryptocurrencies—powered by ultra-low-latency feeds and intelligent order-routing.
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    These features have made Virturo a top choice in Virturo reviews and positioned the company as a leading virturo broker: https://virturo.com/trading-accounts/ for sophisticated traders worldwide.

    A Platform Built for Every Trader

    Virturo offers access to 3,000+ instruments—from major and exotic Forex pairs to global stock CFDs, indices, commodities, and cryptocurrencies—all through a single, unified interface. Whether you’re speculating on oil price swings, hedging equity exposure, or capitalizing on Bitcoin’s momentum, our platform delivers ultra-tight spreads, sub-0.04-second execution, and transparent pricing you can depend on.

    Five Tailored Account Tiers

    To ensure every client has the precise tools and service level they need, Virturo has designed five progressive account tiers:

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    Each tier unlocks progressively deeper insights, customisable risk controls, and ever-more personalised service—ensuring that whether you’re just beginning or managing a complex portfolio, Virturo adapts to your needs.

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    We believe that informed clients are successful clients. That’s why Virturo Academy offers:

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    From basic charting techniques to sophisticated portfolio optimisation, Virturo Academy equips you with the knowledge to trade confidently.

    Market Outlook & Thought Leadership

    With Bitcoin recently surpassing $118,000—driven by record-setting institutional inflows and ETF developments—Alex cautions that “digital assets are no longer fringe; they’re essential for a diversified, inflation-hedged portfolio.” His insights echo Virturo’s latest analysis on how AI-driven tools and robust security are making crypto mainstream.

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    About Virturo

    Virturo is a next-generation, award-winning multi-asset broker offering CFDs on Equities, Forex, Indices, Commodities, and Cryptocurrencies. Owned by Finastra LTD and operating under stringent GDPR and international financial regulations, Virturo empowers high-net-worth and institutional investors with cutting-edge technology, top-tier security, and a client-centric approach. For more information or to read the latest Virturo review, visit www.virturo.com or contact media@virturo.com.

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    Website: https://virturo.com

    The MIL Network

  • MIL-OSI Russia: Graduation at the Polytechnic: Deputy of the Legislative Assembly noted the quality of personnel training

    Translation. Region: Russian Federal

    Source: Peter the Great St. Petersburg Polytechnic University –

    An important disclaimer is at the bottom of this article.

    One of the honorary guests of the graduation ceremonies for masters and specialists of the Institute of Industrial Management, Economics and Trade was the deputy of the Legislative Assembly of St. Petersburg, Chairman of the Committee on Legislation, Chairman of the Council of Municipalities of St. Petersburg Vsevolod Belikov.

    Addressing the graduates, the parliamentarian emphasized that he was pleased with the interaction between the Polytechnic University and government bodies.

    “I sincerely congratulate you on this important and happy day — the end of a large stage in your life and the beginning of your professional path,” said Vsevolod Belikov. “I am glad that the connections between the Polytechnic University and the public authorities of St. Petersburg not only exist, but are developing systematically and effectively. The projects that we implement together, including the activities of the Public Administration Laboratory, are becoming an example of how deep academic knowledge and public administration practice can and should interact. We value your contribution — a fresh look, creative ideas, even in such difficult areas as legislative activity. This really helps make our work more effective. I congratulate the graduates, teachers, parents — and I am proud to say: the doors of not only the university, but also the entire public authority system are wide open for you!”

    During the ceremony, Vsevolod Fedorovich presented letters of gratitude to graduates who took an active part in the activities of the student associations “Public Administration Laboratory” and “Model UN Polytech”, as well as those who demonstrated themselves during professional practice in the field of public administration at various levels of government. The awards were given to masters of the direction “State and Municipal Administration” Ahad Almurzaev, Eldar Asadullaev, Varvara Bucherova, Yulia Katrashova, Kamila Nazmetdinova, Ilya Smerdov and Nikita Sukhomlinov.

    The guest of honor paid special attention to the quality of personnel training at the Polytechnic University. He presented letters of gratitude from the Chairman of the Legislative Assembly of St. Petersburg Alexander Belsky for a significant contribution to the training of qualified specialists for government bodies to the Director of IPMEiT Vladimir Shchepinin, Acting Director of the Higher School of Public Administration Olga Nadezhina, as well as teachers of the Higher School of Public Administration: Associate Professors Marina Ivanova, Maxim Ivanov, Tamara Selentyeva, Professors Victoria Degtereva and Alexander Sokolitsyn.

    “Polytech is a special place, it forms not only the elite of engineering and economic thought, but also future leaders in the public administration system. There are already those in the hall who work next to me, I am grateful to those who raised these wonderful people. We are one team! Polytech is cool!” – Vsevolod Belikov concluded his speech.

    Director of IPMEiT Vladimir Shchepinin emphasized the importance of the institute’s relations with the public authority system: “Today’s ceremony is not only a celebration of our graduates, but also a confirmation of the institute’s strong connection with government bodies as key social partners and employers. We are proud that our students are in demand in public administration structures, and joint projects with the Legislative Assembly and other government bodies give them the opportunity to apply their knowledge in practice while still studying. Special words of gratitude go to Vsevolod Fedorovich Belikov for his attention to young specialists and support of our interaction with the civil service system.”

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

    .

    MIL OSI Russia News

  • MIL-OSI: Bitget Launchpool Lists Caldera (ERA) with over 2.6M in Token Rewards

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, July 18, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Caldera (ERA) for spot trading. Caldera is a rollup platform on Ethereum that enables horizontal scaling and interoperability between rollups. Trading for the ERA/USDT pair began on 17 July 2025, 15:30 (UTC), with withdrawals available from 18 July 2025, 16:30 (UTC).

    Bitget will launch a Launchpool campaign offering 2,666,600 ERA in total rewards. Eligible users can participate by locking BGB, BTC or ETH during the event, which runs from 18 July 2025, 05:00 to 21 July 2025, 05:00 (UTC). In the BGB locking pool, users can lock between 5 to 50,000 BGB, with maximum limits determined by their VIP tier, for a chance to earn a share of 1,000,000 ERA. In the BTC pool, users can lock between 0.0001 and 23 BTC to receive a portion of 833,300 ERA. In the ETH pool, users can lock between 0.002 and 450 ETH to grab a share of 833,300 ERA.

    Caldera is a Web3 infrastructure platform that streamlines the creation of customizable Ethereum L2 rollups, enabling developers to configure elements like gas tokens, data availability layers, and technology stacks including Arbitrum, Optimism, and zkSync. At its core is the Metalayer protocol, designed to unify rollups by facilitating shared liquidity and efficient cross-chain communication. With support for over 50 rollups, Caldera powers a growing ecosystem that manages between $400–600 million in TVL and serves 27 million wallets, making it a critical player in Ethereum’s broader scaling architecture.

    Bitget continues to expand its offerings, positioning itself as a leading platform for cryptocurrency trading. The exchange has established a reputation for innovative solutions that empower users to explore crypto within a secure CeDeFi ecosystem. With an extensive selection of over 800 cryptocurrency pairs and a commitment to broaden its offerings to more than 900 trading pairs, Bitget connects users to various ecosystems, including Bitcoin, Ethereum, Solana, Base, and TON. The addition of Caldera into Bitget’s portfolio marks a significant step toward expanding its ecosystem by embracing niche communities and fostering innovation in decentralized economies, further solidifying its role as a gateway to diverse Web3 projects and cultural movements.

    For more details on Caldera, visit here.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin priceEthereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

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

    Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.

    For more information, visit: WebsiteTwitterTelegramLinkedInDiscordBitget Wallet

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2ad44618-7b23-4379-b633-042ee5973b16

    The MIL Network

  • MIL-OSI China: Foreign firms eye China’s supply chain

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

    This panoramic photo taken on July 17, 2025 shows the Advanced Manufacturing Chain area of the third China International Supply Chain Expo (CISCE) in Beijing, capital of China. [Photo/Xinhua]

    With technological innovation playing an increasingly integral role in China’s supply chain operation, foreign firms will build more local partnerships in high-end manufacturing, modern services and consumer goods, senior executives from such corporations said on Thursday.

    At the ongoing third China International Supply Chain Expo (CISCE) in Beijing, they said China’s supply chain is evolving beyond simple connectivity to emphasize greater coordination, development and innovation.

    Held from Wednesday to Sunday, the third edition of CISCE has brought together more than 650 companies and institutions from 75 countries and regions, said the Beijing-based China Council for the Promotion of International Trade, organizer of the expo.

    The proportion of overseas exhibitors increased from 32 percent at the second edition to 35 percent this year — an indication of enduring business interest in the face of rising geopolitical and economic headwinds.

    German industrial conglomerate Bosch Group, a three-time participant at CISCE, showcased locally driven innovations in intelligent and electrified technologies across areas such as energy and power systems, motion control and driver assistance at the event this year.

    Xu Daquan, president of Bosch China, said that at a critical juncture in the accelerated restructuring of the global automotive supply chain, adhering to open cooperation and strengthening local manufacturing and innovation capabilities are essential for achieving long-term growth.

    “Bosch will continue to work with its Chinese partners to build a more resilient, agile and globally oriented smart mobility supply ecosystem,” said Xu.

    Driven by technology shifts and competition, China’s fast-evolving auto sector leads in electrification and smart mobility, fueled by innovation and rapid consumer adoption of new technologies, said the German company.

    Another active multinational presence at the expo is Federal Express Corp, the United States-based express transportation company and also a third-time CISCE participant. It presented a visually engaging booth at the trade show, featuring a diverse array of images and multimedia content.

    “As an important platform for promoting international supply chain connectivity, CISCE offers a valuable opportunity for us to deepen cooperation with industry and supply chain partners,” said Poh-Yian Koh, president of FedEx China, adding the company completed the upgrade of its international export services in Shenzhen, Guangdong province, earlier this week.

    FedEx looks forward to working together with all parties to build a stable, efficient, sustainable and intelligent supply chain network, injecting sustained momentum into the smooth operation of the economy and trade for China and the world, she said.

    Joining the expanding roster of global participants, French cosmetics company L’Oreal Group made its debut at this year’s CISCE, highlighting innovations in the beauty supply chain.

    Its exhibit emphasized smart, consumer-centric systems, open ecosystem collaboration, and the role of Chinese innovation in driving global expansion and delivering localized solutions worldwide.

    Chen Jiaqi, director of corporate affairs and engagement at L’Oreal China, said that the ever-evolving demands of Chinese consumers are pushing companies to step up innovation and optimize the entire value chain, from production and logistics to customer service.

    “In this process, many new technologies and business models co-created with Chinese supply chain partners have been introduced to the global stage, serving consumers worldwide,” said Chen.

    MIL OSI China News

  • MIL-OSI China: China imports 7.4 trillion yuan of consumer goods in 2021-2024: Minister

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

    China imported consumer goods worth 7.4 trillion yuan (about 1.03 trillion U.S. dollars) between 2021 and 2024, the first four years of the 14th Five-Year Plan period (2021-2025), China’s Commerce Minister Wang Wentao told a press conference Friday.

    Citing figures of the World Trade Organization, he said goods imports by the Chinese mainland and China’s Hong Kong Special Administrative Region accounted for about 13.3 percent of global imports in 2024 — close to the United States’ 13.6 percent.

    China is thus the world’s second-largest import market, almost on par with the United States, as well as a major export destination for nearly 80 countries and regions, the minister said.

    To encourage more quality goods and services into the Chinese market, Wang said China has fostered international consumption center cities, established national demonstration zones for innovation and promotion of imports, and hosted major expos such as the China International Import Expo and the China International Consumer Products Expo.

    “China’s vast market has become a shared market for the world and will continue to serve as a key source of growth and vitality for the global economy,” he told the press.

    China has remained the world’s largest goods trader for eight consecutive years, with total goods trade reaching 6.16 trillion U.S. dollars in 2024, a 32.4 percent increase from 2020.

    Meanwhile, the share of China’s exports to the United States fell from 17.4 percent of its total exports in 2020 to 14.7 percent in 2024, according to Wang.

    “The production and supply chains supporting China’s foreign trade have become more complete, flexible and efficient, enhancing the country’s resilience and confidence in navigating risks and challenges,” he said.

    Noting that China has long run a services trade deficit, Wang pointed out that the United States has been China’s largest source of such deficit. Considering the fact that China is the largest contributor to the U.S. goods trade deficit, he said this reflects the complementary strengths between the two economies.

    Looking ahead to the upcoming 15th Five-Year Plan period (2026-2030), the minister said China will step up efforts to promote high-quality trade development with focus to be placed on both exports and imports, deepen international cooperation and enhance trade resilience. 

    MIL OSI China News

  • MIL-OSI Asia-Pac: Exam date provisionally set

    Source: Hong Kong Information Services

    The Government announced today that the sitting of the Common Recruitment Examination (CRE) has been tentatively scheduled for September 27.

     

    The CRE application process will open tomorrow and close at 11.59pm on August 1. Prospective applicants for civil service posts at the degree or professional level can apply.

     

    The next round of recruitment exercises for the posts of Administrative Officer (AO), Executive Officer II (EOII), Assistant Labour Officer II (ALOII), Assistant Trade Officer II (ATOII) and Management Services Officer II (MSOII) will begin in September.

     

    The Civil Service Bureau iterated that those who plan to apply for civil service posts at the degree or professional level in the near future must have the requisite CRE results and are advised to take part in this round of examination.

     

    The pool of eligible candidates for civil service jobs requiring an undergraduate degree has been expanded to students in their third year of undergraduate studies in a four-year curriculum.

     

    This means that those eligible to sit the examination include holders of a degree, or a professional qualification meeting the entry requirements of the posts, and university students graduating in the 2025-26 or 2026-27 academic year.

     

    Details about the upcoming CRE will be uploaded to the bureau’s webpage tomorrow.

     

    Candidates who are interested in applying for the above vacancies but have not attained a pass result in the Basic Law & National Security Law Test (BLNST) must separately apply and obtain a pass result before the specified date, ie November 29, in order to be considered for appointment.

     

    Additionally, for the convenience of those studying or residing outside Hong Kong, the CRE and the paper-based BLNST are tentatively scheduled to be held on November 29 in Beijing, Shanghai, London, New York, Toronto, Vancouver and Sydney. Applications will open later this year.

     

    Call the Civil Service Examinations Unit at 2537 6429 or email it for enquiries.

    MIL OSI Asia Pacific News

  • MIL-OSI: MoneyHero Group Announces Winners of the SingSaver Best-Of Awards

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, July 18, 2025 (GLOBE NEWSWIRE) — MoneyHero Limited (NASDAQ: MNY) (“MoneyHero” or the “Company”), a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia, successfully hosted the inaugural MoneyHero Group Presents: SingSaver Best-Of Awards gala on 17 July 2025. The event celebrated credit cards, investment products, insurance offerings, and digital banks that deliver the most exceptional value to Singapore consumers.

    The gala was well attended by over 170 guests, including senior executives from leading financial institutions, industry experts, and members of the media. This milestone event underscored MoneyHero’s commitment to promoting financial literacy and driving excellence within Singapore’s personal finance landscape.

    Beyond recognising excellence, the event fostered valuable connections across MoneyHero’s extensive network of partnerships, strengthening collaboration and supporting the continued growth of the personal finance ecosystem in Singapore.

    A total of 45 awards were presented across categories, such as credit cards, digital banks, investment products, and insurance. Winners this year included:

    • Best Credit Card for Travel Rewards: UOB Visa Signature Card
    • Best Credit Card for Dining: HSBC Live+ Credit Card
    • Best Credit Card for Shopping: OCBC Rewards Card
    • Best Credit Card for Everyday Spending: DBS yuu Card
    • Best Premium Credit Card: Citi Prestige Card
    • Best Credit Card for Simple Cashback: SCB Simply Cash Credit Card
    • Best Digital Bank for Seamless Onboarding: Trust Bank
    • Best Digital Bank for Integrated Investing Options: MariBank
    • Best Brokerage for Global Trading Experience for Everyday Investors: Tiger Brokers
    • Best Brokerage for US, SG, and HK Stocks: Webull Singapore
    • Best Brokerage for Beginner Investors in Singapore: Moomoo Singapore
    • Best Overall Travel Insurance Plan: FWD Premium
    • Top-Selling Insurance Provider on SingSaver: MSIG Insurance
    • Best Global Insurance Provider: Allianz Partners

    A full list of awardees and details of the judging methodology are available at:
    https://www.singsaver.com.sg/campaign/best-of-awards-2025

    Rohith Murthy, CEO of MoneyHero, said: “The inaugural MoneyHero Group Presents: SingSaver Best-Of Awards was a landmark event that brought together the personal finance community to recognise and celebrate products that deliver exceptional value to Singaporeans. By uniting our partners through this annual event, we aim to strengthen collaboration and foster innovation across the ecosystem—an approach we plan to extend to all markets where we operate. We sincerely thank the winners, nominees, judges, and attendees for their valuable contributions to this milestone event and their shared commitments to advancing financial empowerment.”

    Catherine Pang, Sales Director at Allianz Partners Singapore said: “We are honoured to be recognised in SingSaver Best-of Awards 2025. At Allianz Partners, our mission has always been to provide travellers with peace of mind through comprehensive, accessible, and responsive travel insurance solutions. This award is a reflection of the trust our customers place in us and the dedication of our team to deliver exceptional service — from seamless digital claims to round-the-clock emergency assistance. We are proud to stand alongside SingSaver and MoneyHero Group in empowering consumers to make informed financial decisions, and we remain committed to protecting every journey, near or far.”

    Gourab Kundu, Head of Digital Growth for Asia South at Citi Wealth said: “We’re honoured that the Citi Prestige and Citi Cash Back credit cards have been recognised at the inaugural SingSaver Best-of Awards 2025. This recognition is a testament to our customer-centric focus, bringing the best proposition to our clients. Moving forward, we will continue to enhance our value proposition for customers to ensure our product offerings fit their lifestyles and their needs.”

    Disclaimer

    The information provided on this press release is for educational and informational purposes only and should not be construed as financial or investment advice. While MoneyHero reviews and compares financial products to help consumers make informed decisions, it does not offer or provide personalised recommendations or investment advisory services. Consumers should always conduct their own research or consult a licensed financial professional before making any financial decisions.

    MoneyHero has made reasonable efforts to ensure that the information contained in this press release is accurate and up to date as at the date of publication. However, MoneyHero makes no warranties, express or implied, regarding the accuracy, completeness, or reliability of the information and accepts no liability (including liability to third parties) for any loss or damage arising from any error or omission in compiling or presenting such information, or reliance on the information provided.

    ​​​​​About SingSaver  

    SingSaver, part of MoneyHero Group (Nasdaq: MNY) – a market leading personal finance aggregation and comparison company in Greater Southeast Asia. Founded in May 2015, SingSaver has always been committed to matching consumers with the right financial products they need — from credit cards to personal loans, investing accounts to insurance policies, and much more. SingSaver helps thousands of consumers improve their money health with easy-to-use comparison platform along with impartial product reviews and extensive finance articles. For a full discovery, visit https://www.singsaver.com.sg/ 

    About MoneyHero Group

    MoneyHero Limited (NASDAQ: MNY) is a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia. The Company operates in Singapore, Hong Kong, Taiwan and the Philippines.  Its brand portfolio includes B2C platforms MoneyHero, SingSaver, Money101, Moneymax and Seedly, as well as the B2B platform Creatory.  The Company also retains an equity stake in Malaysian fintech company, Jirnexu Pte. Ltd., parent company of Jirnexu Sdn. Bhd., the operator of RinggitPlus, Malaysia’s largest operating B2C platform. MoneyHero had over 260 commercial partner relationships as at 31 March 2025, and had approximately 5.7 million Monthly Unique Users across its platform for the three months ended 31 March 2025. The Company’s backers include Peter Thiel—co-founder of PayPal, Palantir Technologies, and the Founders Fund—and Hong Kong businessman, Richard Li, the founder and chairman of Pacific Century Group. To learn more about MoneyHero and how the innovative fintech company is driving APAC’s digital economy, please visit www.MoneyHeroGroup.com.

    For inquiries, please contact:

    Investor Relations:
    MoneyHero IR Team
    IR@MoneyHeroGroup.com

    Media Relations:
    MoneyHero PR Team
    Press@MoneyHeroGroup.com

    Photo 1:

    Group picture of all the guests and winners at the SingSaver Best-Of Awards.

    Photo 2:

    Rohith Murthy, CEO of MoneyHero Group, delivers the keynote address for the SingSaver Best-Of Awards.

    Photo 3:

    Guests at the SingSaver Best-Of Awards.

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/f7405961-02c5-4496-9e76-6aca94a93d2f

    https://www.globenewswire.com/NewsRoom/AttachmentNg/858e3357-72d6-4eb2-8650-68361bf3d98e

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9caddd16-d470-4e76-9d64-0554c9fd42a6

    The MIL Network

  • MIL-OSI Africa: Putting African products on global markets: Advancing the Made in Africa certification

    Source: APO


    .

    A harmonized Made in Africa certification is set to boost the global visibility and competitiveness of African products. The framework, governance, and branding of the scheme was discussed in Nairobi, with the International Trade Centre (ITC) contributing technical insights and implementation support.

    Despite growing opportunities for intra-Africa trade through the African Continental Free Trade Area (AfCFTA), many African producers face challenges in gaining visibility and market access. Consumers continue to lack trust in locally made products and services, often perceiving them as inferior to imports. Quality exists but consumers need confidence in that, so African firms can grow in local and regional markets while positioning themsleves globally.

    The African Union established the Made in Africa (MiA) initiative to ensure African small businesses have a competitive edge and can scale in markets increasingly driven by standards, consumer trust, and brand reputation, through a harmonised continental certification system. This builds on earlier continental efforts to strengthen Africa’s industrial base and promote the continent’s products. 

    The initiative advanced another milestone at the Meeting of the Made in Africa Ad-hoc Committee in Nairobi, Kenya from 1 to 2 July 2025. The African Union Commission (AUC) and the Pan African Quality Infrastructure (PAQI) convened the meeting with technical assistance from ITC. Technical institutions, private sector and consumer representatives gathered with international partners such as Physikalisch-Technische Bundesanstalt (PTB) and World Customs Organisation (WCO). Together, they finalized the MiA implementation guide, defined governance and coordination structures, and agreed on the implementation framework.

    Highlights included presentations of MiA branding concepts and governance options, drawing on a soon-to-be launched concept testing and benchmarking study of the AUC, PAQI and ITC.

    Through the EU-funded Africa Trade Competitiveness and Market Access (ATCMA) Programme, ITC is supporting the African Union with technical input and analysis to help shape a credible and market-oriented brand for African products. ITC involvement builds on its broader mission to empower small businesses to compete, connect, and change lives.

    The Nairobi meeting marks an important step in delivering a practical, African-led solution that will help producers build trust, meet quality expectations, and grow their share in regional and global markets. The finalization of the implementation framework and agreement on next steps bring the MiA scheme closer to launch, building on and consolidating national and regional level labels in Africa.

    The MiA was adopted as part of the African Union’s Niamey Action Plan on Industrialisation and Economic Diversification, where it was identified as critical to realising the gains of the AfCFTA. The MiA Certification Scheme will be anchored on the  AfCFTA Agreement’s rules of origin and intellectual property provisions and aligned with the Technical Barriers to Trade (TBT) and Sanitary and Phytosanitary (SPS) Annexes to ensure high standards and market compatibility. 

    Distributed by APO Group on behalf of International Trade Centre.

    MIL OSI Africa

  • MIL-OSI: Equinor ASA: Share buy-back – second tranche for 2025

    Source: GlobeNewswire (MIL-OSI)

    Please see below information about transactions made under the second tranche of the 2025 share buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR, CEUX:EQNRO, TQEX:EQNRO).

    Date on which the buy-back tranche was announced: 30 April 2025.
    The duration of the buy-back tranche: 16 May to no later than 21 July 2025.

    Further information on the tranche can be found in the stock market announcement on its commencement dated 30 April 2025, available here: https://newsweb.oslobors.no/message/644796

    From 14 July to 17 July 2025, Equinor ASA has purchased a total of 1,265,968 own shares at an average price of NOK 267.7138 per share.

    The second tranche of the 2025 share buy-back programme for Equinor ASA has now been completed.

    Overview of transactions:

    Date Trading venue Aggregated daily volume (number of shares) Daily weighted average share price (NOK) Total daily transaction value (NOK)
             
    14 July OSE 420,000 274.3443 115,224,606.00
      CEUX      
      TQEX      
             
    15 July OSE      
      CEUX      
      TQEX      
             
    16 July OSE 430,000 265,4404 114,139,372.00
      CEUX      
      TQEX      
             
    17 July OSE 415,968 263.3692 109,553,159.39
      CEUX      
      TQEX      
             
    Total for the period OSE 1,265,968 267.7138 338,917,137.39
      CEUX      
      TQEX      
             
    Previously disclosed buy-backs under the tranche OSE 15,111,220 256.7267 3,879,452,952.92
    CEUX      
    TQEX      
    Total 15,111,220 256.7267 3,879,452,952.92
             
    Total buy-backs under the tranche (accumulated) OSE 16,377,188 257.5760 4,218,370,090.30
    CEUX      
    TQEX      
    Total 16,377,188 257.5760 4,218,370,090.30

    Following the completion of the above transactions, Equinor ASA owns a total of 25,565,943 own shares, corresponding to 1.00% of Equinor ASA’s share capital, including shares under Equinor’s share savings programme (excluding shares under Equinor’s share savings programme, Equinor owns a total of 16,377,188 own shares, corresponding to 0.64% of the share capital).

    This is information that Equinor ASA is obliged to make public pursuant to the EU Market Abuse Regulation and that is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

    Appendix: A overview of all transactions made under the buy-back tranche that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no.

    Contact details:

    Investor relations
    Bård Glad Pedersen, senior vice president Investor Relations,
    +47 918 01 791

    Media
    Sissel Rinde, vice president Media Relations,
    +47 412 60 584

    Attachment

    The MIL Network

  • MIL-OSI: Prosafe SE: Operational update – June 2025

    Source: GlobeNewswire (MIL-OSI)

    18 July 2025 – Fleet utilisation for June 2025 was 79 per cent. 

    Our operations in Brazil with Safe Eurus, Safe Notos, and Safe Zephyrus operated at full capacity in June, achieving between 99 and 100 per cent commercial uptime.

    Safe Caledonia successfully commenced operations at the Captain Field in the UK on 2 June 2025, delivering a commercial uptime of 94 per cent during the initial period.

    Safe Boreas is currently being transported to Singapore ahead of her upcoming contract in Australia.

    Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to https://www.prosafe.com

    For further information, please contact:

    Terje Askvig, CEO
    Phone: +47 952 03 886

    Reese McNeel, CFO
    Phone: +47 415 08 186

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

    The MIL Network

  • MIL-OSI: MEXC Launches PUMP Futures Competition for European Users with 20,000 USDT Prize Pool

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, July 18, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, today announced the launch of an exclusive PUMP Futures Competition designed specifically for European users. The 8-day competition, running from July 14 to July 21, offers a total prize pool of 20,000 USDT.

    Competition Rules

    The competition features two main reward tracks tailored to different user profiles:

    1. Individual Trading Leaderboard

    Participants will compete individually based on their cumulative trading volume in PUMP futures throughout the event. To qualify for rewards, users must reach at least 50,000 USDT in trading volume. Eligible traders will benefit from a reduced fee rate of 0.02%, plus a 10% rebate on trading fees. Top-ranked traders will have the opportunity to win up to 5,000 USDT from the prize pool.

    2. New User Bonus

    Newly registered European users who complete 3,000 USDT in PUMP futures trades will receive a 5 USDT reward. This bonus is limited to the first 600 eligible participants, distributed on a first-come, first-served basis.

    How to Participate

    To participate, European users must register through MEXC’s dedicated competition page. Only trades and deposits made after registration will be counted. The competition is limited to PUMP futures trading, and all rewards will be distributed within 10 business days after the event concludes.

    Supporting Regional Growth

    This campaign reflects MEXC’s ongoing effort to support regional users with localized events and competitive trading opportunities. By focusing on user needs in specific markets, MEXC continues to enhance the trading experience across Europe.

    For full event details and registration, please visit the official competition page.

    About MEXC
    Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
    MEXC Official WebsiteXTelegramHow to Sign Up on MEXC

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/ebca43ba-aa74-461c-870e-400d209b34d6

    https://www.globenewswire.com/NewsRoom/AttachmentNg/67781951-c558-463e-ad46-095235310422

    The MIL Network

  • MIL-OSI: BW Energy: Second quarter 2025 operational update 

    Source: GlobeNewswire (MIL-OSI)

    Second quarter 2025 operational update 

    BW Energy will publish its financial results for the second quarter and first half of 2025 on 1 August 2025. Today, the company provides preliminary operational figures.

    Net production attributable to BW Energy was 2.9 million barrels of oil (mmbbls) in the second quarter 2025, equivalent to 32.3 thousand barrels of oil per day (kbopd), from the Dussafu license in Gabon (73.5% working interest) and the Golfinho field in Brazil (100% working interest).

      Q2 2025 Q1 2025 Q2 2024
    Production (mmbbls) 2.9 3.2 2.1
    Dussafu 2.4 2.6 1.4
    Golfinho 0.5 0.7 0.7
           
    Production (kbopd) 32.3 36.0 23.6
    Dussafu 26.6 28.7 15.6
    Golfinho 5.7 7.3 8.0
           
    Net volume sold (mmbbls) 2.8 3.7 1.9
    Dussafu1 2.3 3.2 0.9
    Golfinho 0.5 0.5 1
    1incl. Domestic market obligations (DMO) 0.07 0.07 0.03
    1incl. State profit oil 0.30 0.32 0.17
           
    Quarter-end stock inventory (mmbbls) 0.5 0.2  
    Dussafu -0.2 -0.4  
    Golfinho 0.7 0.6  
           
    Average realised price (USD)  66.7 74.8 83.8
    Dussafu 66.2 74.8 81.1
    Golfinho 69.1 75.0 86.4
            
    Operational costs2 (USD per barrel) 20.4 16.5 28.5
    Dussafu 14.3 9.9 19.8
    Golfinho 49.0 42.2 45.4


    2) Operating costs exclude Royalties, Tariffs, Workovers, Domestic Market Obligation purchases, Production Sharing costs in Gabon, and incorporates the impact of IFRS 16 adjustments.

    Reporting

    BW Energy will publish its financial results for the second quarter and first half of 2025 on 1 August at 07:00 CEST. Management will host a webcast presentation later the same day at 14:00 CEST, followed by a live Q&A session. The webcast will be available at www.bwenergy.no.

    For further information, please contact:

    Martin Seland Simensen, VP Investor Relations BW Energy

    +47 416 92 087, martin.simensen@bwenergy.no

    About BW Energy:

    BW Energy is a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments. The Company has access to existing production facilities to reduce time to first oil and cashflow with lower investments than traditional offshore developments. The Company’s assets are 73.5% of the producing Dussafu Marine licence offshore Gabon, 100% interest in the Golfinho and Camarupim fields, a 76.5% interest in the BM-ES-23 block, a 95% interest in the Maromba field in Brazil, a 95% interest in the Kudu field in Namibia, all operated by BW Energy. In addition, BW Energy holds approximately 6.6% of the common shares in Reconnaissance Energy Africa Ltd. and a 20% non-operating interest in the onshore Petroleum Exploration License 73 (“PEL 73”) in Namibia. Total net 2P+2C reserves and resources were 599 million barrels of oil equivalent at the start of 2025.

    This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

    The MIL Network

  • MIL-OSI: BW Energy: Second quarter 2025 operational update 

    Source: GlobeNewswire (MIL-OSI)

    Second quarter 2025 operational update 

    BW Energy will publish its financial results for the second quarter and first half of 2025 on 1 August 2025. Today, the company provides preliminary operational figures.

    Net production attributable to BW Energy was 2.9 million barrels of oil (mmbbls) in the second quarter 2025, equivalent to 32.3 thousand barrels of oil per day (kbopd), from the Dussafu license in Gabon (73.5% working interest) and the Golfinho field in Brazil (100% working interest).

      Q2 2025 Q1 2025 Q2 2024
    Production (mmbbls) 2.9 3.2 2.1
    Dussafu 2.4 2.6 1.4
    Golfinho 0.5 0.7 0.7
           
    Production (kbopd) 32.3 36.0 23.6
    Dussafu 26.6 28.7 15.6
    Golfinho 5.7 7.3 8.0
           
    Net volume sold (mmbbls) 2.8 3.7 1.9
    Dussafu1 2.3 3.2 0.9
    Golfinho 0.5 0.5 1
    1incl. Domestic market obligations (DMO) 0.07 0.07 0.03
    1incl. State profit oil 0.30 0.32 0.17
           
    Quarter-end stock inventory (mmbbls) 0.5 0.2  
    Dussafu -0.2 -0.4  
    Golfinho 0.7 0.6  
           
    Average realised price (USD)  66.7 74.8 83.8
    Dussafu 66.2 74.8 81.1
    Golfinho 69.1 75.0 86.4
            
    Operational costs2 (USD per barrel) 20.4 16.5 28.5
    Dussafu 14.3 9.9 19.8
    Golfinho 49.0 42.2 45.4


    2) Operating costs exclude Royalties, Tariffs, Workovers, Domestic Market Obligation purchases, Production Sharing costs in Gabon, and incorporates the impact of IFRS 16 adjustments.

    Reporting

    BW Energy will publish its financial results for the second quarter and first half of 2025 on 1 August at 07:00 CEST. Management will host a webcast presentation later the same day at 14:00 CEST, followed by a live Q&A session. The webcast will be available at www.bwenergy.no.

    For further information, please contact:

    Martin Seland Simensen, VP Investor Relations BW Energy

    +47 416 92 087, martin.simensen@bwenergy.no

    About BW Energy:

    BW Energy is a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments. The Company has access to existing production facilities to reduce time to first oil and cashflow with lower investments than traditional offshore developments. The Company’s assets are 73.5% of the producing Dussafu Marine licence offshore Gabon, 100% interest in the Golfinho and Camarupim fields, a 76.5% interest in the BM-ES-23 block, a 95% interest in the Maromba field in Brazil, a 95% interest in the Kudu field in Namibia, all operated by BW Energy. In addition, BW Energy holds approximately 6.6% of the common shares in Reconnaissance Energy Africa Ltd. and a 20% non-operating interest in the onshore Petroleum Exploration License 73 (“PEL 73”) in Namibia. Total net 2P+2C reserves and resources were 599 million barrels of oil equivalent at the start of 2025.

    This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

    The MIL Network

  • MIL-OSI United Nations: UNESCO brings together World Heritage site managers from Costa Rica and Panama to promote sustainable tourism

    Source: UNESCO World Heritage Centre

    Site managers and park rangers from Costa Rica and Panama responsible for the transboundary World Heritage site of Talamanca Range-La Amistad Reserves/La Amistad National Park gathered from 8 to 11 July 2025 to discuss how to enhance sustainable tourism at the site.

    Organized in the framework of the UNESCO project ‘Communities for Heritage – Latin America and the Caribbean’, financed by Saudi Arabia, the workshop took place in the Las Cruces Biological Station, located in San Vito de Coto Brus, Costa Rica.

    Extending along the border between Panama and Costa Rica, the Talamanca Range–La Amistad Reserves / La Amistad National Park encompasses a vast mountainous wilderness where exceptional biodiversity, wetland ecosystems, and cross-border conservation efforts come together. In addition to its designation as a UNESCO World Heritage site, it is also recognized as a UNESCO Biosphere Reserve and a Ramsar Wetland of International Importance – making it one of the most comprehensively protected natural landscapes in Central America.

    MIL OSI United Nations News

  • MIL-OSI Asia-Pac: Candidates interested in applying for five civil service posts reminded to take part in Common Recruitment Examination and Basic Law and National Security Law Test

    Source: Hong Kong Government special administrative region

         The Government announced today (July 18) that the next round of recruitment exercises for the posts of Administrative Officer (AO), Executive Officer II (EOII), Assistant Labour Officer II (ALOII), Assistant Trade Officer II (ATOII) and Management Services Officer II (MSOII) will begin in September 2025.

         As part of the entry requirements, applicants for these posts will need to attain: 

    (a) Level 2 in the two language papers (Use of Chinese and Use of English) in the Common Recruitment Examination (CRE) or other results which are accepted as equivalent;
    (b) a pass result in the Aptitude Test paper in the CRE; and
    (c) a pass result in the Basic Law and National Security Law Test (BLNST) (Degree/Professional Grades).

    Candidates who wish to apply for the posts mentioned above but have not attained the requisite results in CRE should apply through an online application system on the Civil Service Bureau (CSB) website from tomorrow (July 19) to August 1 to take the relevant paper(s) in the CRE tentatively scheduled to be held on September 27 in Hong Kong in order to be considered for appointment. Details and the online application system will be made available on the CSB website at www.csb.gov.hk/eng/cre.html during the application period.

    With the launch of Digitalised BLNST (Degree/Professional Grades) this year, which accepts applications year-round, candidates who are interested in applying for the above vacancies but have not attained a pass result in the BLNST must separately apply for Digitalised BLNST (application details are available at www.csb.gov.hk/eng/dblnst.html) and obtain a pass result before the specified date (i.e. November 29) in order to be considered for appointment.  

    Candidates located outside Hong Kong can still apply for the CRE and the BLNST (Degree/Professional Grades) tentatively scheduled to be held in Beijing, Shanghai, London, New York, Toronto, Vancouver and Sydney on November 29. Application details will be announced in September.

    Students who are pursuing a bachelor’s degree, or equivalent, and graduating in the years of 2025-26 or 2026-27 academic years are also eligible to apply for the posts and/or apply to take the CRE and the BLNST.

    Details of the 2025-26 AO, EOII, ALOII, ATOII and MSOII recruitment exercises will also be announced in September.

    MIL OSI Asia Pacific News

  • MIL-OSI China: US firms harness ‘China speed’ to boost supply chains

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

    A visitor watches a robot holding a bottle at the booth of Nvidia during the third China International Supply Chain Expo (CISCE) in Beijing, capital of China, July 16, 2025. [Photo/Xinhua]

    Amid Beijing’s summer heat, a Chinese-made robot powered by chips from U.S. tech giant Nvidia gracefully delivered chilled bottled water to fascinated onlookers.

    The scene, unfolding at the Nvidia booth during the ongoing third China International Supply Chain Expo (CISCE), offered a glimpse into the sustained enthusiasm of U.S. companies for the Chinese market and its world-leading supply chain ecosystem.

    Despite mounting challenges in the global supply chain, U.S. companies like Nvidia, Apple and Tesla used the expo stage to reaffirm their commitment to China, showcasing deep integration and ambitious plans for future investment. For many, success here means aligning with the world’s most comprehensive supply chain while keeping pace with its rapid development.

    “China’s supply chain is a miracle,” said Nvidia CEO Jensen Huang at the expo’s opening ceremony on Wednesday. During his visit to Beijing, he also spoke with reporters, took part in a fireside chat, and held a press conference where he reaffirmed the company’s long-term commitment to China.

    While Huang’s high-profile presence sent a powerful signal, he also revealed that Nvidia’s H20 chips will soon be available in the Chinese market.

    “I hope to get more advanced chips into China than H20. And the reason is that technology is always moving on,” he said during a press conference Wednesday.

    From tech giants like Nvidia and Apple to consumer brands such as Starbucks and Walmart, U.S. companies are attracted to the CISCE not only by China’s vast 1.4-billion-strong consumer market but also by the world’s most comprehensive supply chain that drives the “China speed” essential to global innovation.

    According to the China Council for the Promotion of International Trade, the event’s organizer, the number of U.S. exhibitors topped all overseas participants, increasing by 15 percent compared to the previous edition, and their combined exhibition area increased by 10 percent.

    A few steps from Nvidia’s booth, Apple’s store-like setup shared a similar story of co-innovation. Instead of showcasing finished products like iPhones, the displays focused on the intelligent, green manufacturing processes used by its Chinese suppliers.

    “Over the past three years at CISCE, we’ve showcased progress alongside our suppliers in smart manufacturing, green manufacturing and talent development,” Isabel Ge Mahe, Apple’s vice president and managing director of Greater China, told Xinhua.

    Highlighting a massive 20 billion U.S. dollar investment in China over the past five years focused on these areas, she praised China’s dynamic innovation landscape and advanced smart supply chains while noting that Apple remains committed to this market. “We are deeply rooted here, incredibly proud of the supply chain we helped build, and will continue to invest and innovate with our local partners.”

    Unlike traditional trade fairs focusing on goods or services, CISCE pioneers a unique “chain-centric” model that visualizes end-to-end industrial collaboration. In each exhibition hall, upstream, midstream and downstream companies cluster in adjacent booths, visually demonstrating their interdependence and synergy.

    In the hall showcasing integration of the auto sector, crowds gathered around Tesla’s Model 3 and Model Y electric vehicles (EVs).

    Here, supply chain integration and “China speed” were once again in the spotlight. These vehicles use more than 95 percent local parts, and a new car rolls off the Shanghai gigafactory line almost every 37 seconds.

    “China possesses the world’s most complete EV industry chain,” said Tao Lin, vice president of Tesla. “The strength of local suppliers, combined with China’s vast talent pool and consumer embrace of smart EVs, provides unparalleled support and opportunity. We will continue to deepen our investment here,” Tao said.

    “The Chinese market isn’t just scaling; it’s leaping in value,” said Lin Chunmei, president and general manager of Corning Greater China, in an interview with Xinhua. The U.S. materials science company is celebrating its 45 years in China with an ambitious “time travel”-themed booth underscoring its deep roots.

    Noting that rapid AI development in China is driving growing demand for optical communication infrastructure, Lin said the company has pledged a 500 million dollar investment this year to develop cutting-edge technologies, localize critical production, and strengthen supply chain partnerships in China.

    “The vast talent pool in China will help us accelerate cycles through market proximity, using ‘China speed’ to power global innovation,” she added.

    For most U.S. companies, the critical question isn’t whether to invest in China, but how rapidly they can move. For companies present at the CISCE, collaboration with Chinese suppliers is giving them a head start.

    “If you want to maintain, you have to invest,” Huang said. “The market is moving so fast and it’s so competitive. We have to continue to advance ourselves.” 

    MIL OSI China News

  • MIL-OSI China: PwC chairman: CISCE is important for innovation and collaboration

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

    Mohamed Kande, global chairman of PwC, said China International Supply Chain Expo is a significant event as the firm makes its debut as an exhibitor this year. 

    According to Kande, the global professional services provider is showcasing its complete service ecosystem covering entire industrial and supply chains at this year’s expo.

    Ren Hongbin (right), chairman of the China Council for the Promotion of International Trade, meets with Mohamed Kande (center), global chairman of PwC, and Hemione Hudson, chair and CEO of PwC China, at the PwC booth of the 3rd CISCE in Beijing on July 16, 2025. [Photo/China.org.cn]

    “I am honored to be in Beijing for this significant event,” Kande said. “The expo is an important gathering for innovation and collaboration, helping to strengthen the sustainable development of global manufacturing and international supply chains. Many of the companies participating are our clients, and their presence reflects the strength and potential of the Chinese market.”

    He added, “At PwC, we are focused on working with our clients around the world on their reinvention journey while serving as a part of the professional services ecosystem that underpins the Chinese and international markets.”

    At this year’s expo, PwC took the low-altitude economy, an emerging industry within the advanced manufacturing sector with a potential market size close to $500 billion by 2035, as its core exhibition theme and designed a unique “cross-sectional” booth display. 

    The booth includes a showcase of how PwC is supporting the development of sustainable global supply chains, creating a rich value landscape in both the Chinese and global markets. This is coupled with a vertical, in-depth perspective to reveal how PwC provides full lifecycle support, helping Chinese companies build strength and transform their market competitiveness.

    According to PwC representatives at the booth, the firm has also collaborated with ecosystem partners in the low-altitude economy sector to jointly exhibit a “manned intelligent electric Vertical Take-Off and Landing (eVTOL) aircraft.” Through immersive installations, the exhibition vividly demonstrates how PwC’s global professional services drive the transformation of cutting-edge technologies into advanced manufacturing capabilities while accelerating the bi-directional integration of cross-border supply chains with the Chinese market.

    According to PwC’s recent report “Value in Motion,” manufacturing is transforming through “fourth industrial revolution” technologies like automation, 3D printing, and artificial intelligence. Emerging players, including IoT companies, AI firms, cybersecurity experts, and robotics manufacturers, are revitalizing the sector. The report predicts manufacturing companies that transcend traditional industry boundaries and respond to emerging sector demands will create substantial new economic growth. By 2035, the manufacturing sector is expected to contribute over $34 trillion to global GDP.

    The PwC booth at the third China International Supply Chain Expo features the low-altitude economy as its central theme with a distinctive cross-sectional display. [Photo/China.org.cn]

    “Manufacturing and supply chains are transforming across the world,” said Hemione Hudson, chair and CEO of PwC China. “The expo is a great opportunity for companies to showcase their achievements and learn from each other.”

    She continued, “China is a global leader in advanced manufacturing and seizing the opportunity it presents will be crucial for the continued success of the Chinese economy. Moving towards higher quality production requires transformation across the manufacturing sector – with greater emphasis on strengthening resource models and building robust risk management. At PwC, we aim to help our clients build momentum by providing the support and expertise needed to unlock new growth opportunities.”

    The third CISCE, hosted by the China Council for the Promotion of International Trade, opened on Wednesday in Beijing and runs through Sunday. As the world’s first national-level expo focused on supply chains, it has become a key platform for international business cooperation and shared development.

    MIL OSI China News

  • MIL-OSI China: Antitrust lawyer: China provides positive factors for global supply chains

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

    Renowned antitrust lawyer Bai Yong said Wednesday at the China International Supply Chain Expo (CISCE) in Beijing that China has strengthened global supply chains amid rising worldwide protectionism, serving as an outstanding model to the world’s economies.

    Renowned antitrust lawyer Bai Yong speaks at an event during the 3rd CISCE in Beijing on July 16, 2025. [Photo courtesy of CISCE]

    “I believe the Chinese government has delivered exceptional performance in recent years, providing positive contributions to global supply chain stability and security,” said Bai, a partner at international law firm Clifford Chance and head of antitrust for Greater China. “Personally, I find it remarkable that while China was relatively closed 40 years ago when the world was more open. Through decades of development, China has become increasingly open. Meanwhile, we observe many countries outside China, including those in Europe and America, becoming more closed with rising protectionism.”

    Bai said that years ago, the Chinese government co-launched international initiatives on industrial and supply chain resilience with Indonesia and other nations, while actively advancing these agendas across BRICS, G20, and other platforms. The China Council for the Promotion of International Trade (CCPIT) has facilitated over 2,200 business delegations in their visits to more than 100 countries in 2024, aiming to improve international cooperation. CCPIT is also continuing to host the CISCE in its third year, and the platform is demonstrating a growing influence.

    “China’s approach both encourages domestic enterprises’ global expansion and welcomes foreign investment, establishing an exemplary model for international economic cooperation,” he said.

    Bai said the fundamental purpose of antitrust law is to protect competition. “Competition drives enterprises to improve quality, reduce prices, foster innovation and enhance product diversity, ultimately expanding consumer choice,” he said. “This process strengthens supply chain diversity, stability and resilience. Fair competition constitutes the essential foundation for supply chain stability.”

    But the antitrust expert has observed that overseas, particularly as Chinese companies expand globally, many European and American governments have incorporated geopolitical and protectionist considerations into their antitrust enforcement.

    “For example, they dismiss Chinese companies’ efficiency and innovation, attributing their competitive advantage solely to subsidies,” Bai said. “In reality, all governments provide subsidies, and all companies receive them – so why should Chinese companies face particularly harsh, unfair, and discriminatory treatment? This reflects the inequitable approach to Chinese firms in foreign antitrust enforcement. Such practices dampen investment confidence by creating uncertainty, ultimately undermining supply chain stability and security.”

    He continued, “Many governments in the world should reflect on this issue. When a government abandons fair market principles for protectionist enforcement, it directly jeopardizes global supply chain stability and security.”

    Bai suggested that the essence of today’s globalization lies in restructuring global supply chains. He expressed hope that the Chinese government and businesses would continue to play, and expand, their pivotal role as stabilizing forces in maintaining globalization and ensuring the security and stability of global industrial chains.

    “From a corporate perspective, businesses worldwide – especially Chinese companies – should proactively engage in developing and restructuring global supply chains to strengthen international competitiveness,” he said. “We encourage Chinese enterprises with overseas operations to communicate China’s story effectively to foreign regulators, helping dispel misunderstandings. Chinese companies must also maintain strategic vigilance by expanding their global industrial chain role and competitiveness, ensuring sustained advantages through international cooperation and broader global operations.”

    The third CISCE, hosted by the China Council for the Promotion of International Trade, opened Wednesday in Beijing and runs through Sunday. As the world’s first national-level expo focused on supply chains, it has become a key platform for international business cooperation and shared development.

    MIL OSI China News

  • MIL-OSI Australia: More invitations issued to the Economic Reform Roundtable

    Source: Australian Parliamentary Secretary to the Minister for Industry

    Today we have issued another round of invitations to the government’s Economic Reform Roundtable.

    The Roundtable is all about building consensus on long term economic reform, with a focus on resilience, productivity and budget sustainability.

    The latest round of invitees includes expert voices on economic policy, leaders with broad industry and policy experience, and important perspectives from regulators, the public sector and the states.

    It’s an outstanding group of people who we believe will make a big contribution to the future direction of economic reform.

    They are thought leaders who have been chosen for their ability to make meaningful contributions across a broad range of areas and across each of the three days.

    More invitations will be issued for participants to attend specific sessions, as the agenda takes shape.

    While we can’t invite representatives from every industry or organisation, everyone has the chance to have their say in this process with online submissions still open.

    Roundtable invitations issued today include:

    Sue Lloyd‑Hurwitz AM, Chair, National Housing Supply and Affordability Council

    Kerry Schott, Chair, Competition Review Expert Advisory Panel

    Matt Comyn, Chief Executive Officer, Commonwealth Bank of Australia

    Scott Farquhar, Chair, Tech Council of Australia

    Cath Bowtell, Chair, IFM Investors

    Ben Wyatt, Board Member, Woodside, and former Treasurer of Western Australia

    Ken Henry AC, Chair, Australian Climate and Biodiversity Foundation

    Andrew Fraser, Chair, Australian Retirement Trust, Chancellor, Griffith University and former Treasurer of Queensland

    Allegra Spender MP, Federal Independent Member for Wentworth

    Daniel Mookhey MLC, Chair, Board of Treasurers and NSW Treasurer

    Gina Cass‑Gottlieb, Chair, Australian Competition and Consumer Commission

    Steven Kennedy PSM, Secretary, Department of the Prime Minister and Cabinet

    Jenny Wilkinson PSM, Secretary, Department of the Treasury

    Invitations issued last month:

    Danielle Wood, Chair, Productivity Commission

    Sally McManus, Secretary, Australian Council of Trade Unions

    Michele O’Neil, President, Australian Council of Trade Unions

    Liam O’Brien*, Assistant Secretary, Australian Council of Trade Unions

    Joseph Mitchell*, Assistant Secretary, Australian Council of Trade Unions

    Bran Black, Chief Executive Officer, Business Council of Australia

    Andrew McKellar, Chief Executive Officer, Australian Chamber of Commerce and Industry

    Innes Willox, Chief Executive Officer, Australian Industry Group

    Matthew Addison, Chair, Council of Small Business Organisations of Australia

    Cassandra Goldie, Australian Council of Social Service

    Ted O’Brien, Deputy Leader of the Opposition and Shadow Treasurer

    *These participants will attend as alternates for the Secretary and President of the ACTU.

    Biographies

    Sue Lloyd‑Hurwitz AM

    Sue is the Chair of National Housing Supply and Affordability Council; a non‑executive director of Rio Tinto, Macquarie Group and INSEAD; and a Fellow of the University of Sydney Senate. Previously, Sue was CEO and Managing Director of Mirvac and President of Chief Executive Women.

    Dr Kerry Schott AO

    Kerry is a Director of AGL, Chair of the Carbon Market Institute and Chair of the Competition Review Expert Advisory Panel. Recently, she was Chair of the New South Wales Net Zero Emissions and Clean Economy Board, Chair of the Advisory Board to EnergyCo NSW, and an Adviser to Aware Super. Kerry brings extensive experience in transport, infrastructure and energy, across both business and government sectors.

    Matt Comyn

    Matt is the CEO and Managing Director of the Commonwealth Bank of Australia. Matt has over 25 years of experience in the banking sector, including as Managing Director of the Commonwealth Bank of Australia’s biggest digital business, CommSec, and brings extensive experience in digital adoption.

    Scott Farquhar

    Scott is the Co‑Founder of Atlassian, one of the world’s leading software collaboration companies and Australia’s first tech unicorn. Scott is a Founding Member and Chair of the Tech Council of Australia and is also the Co‑Founder of Skip Capital, a private fund investing in exceptional tech and infrastructure entrepreneurs.

    Cath Bowtell

    Cath is the Chair of IFM Investors, Industry Super Holdings and is a Director of Industry Fund Services. Cath has worked for many years in senior roles in both the superannuation industry and union movement. Cath is also currently the Chair of the Jobs and Skills Australia Ministerial Advisory Board.

    The Hon Ben Wyatt

    Ben is a former Treasurer of Western Australia and holds a number of current board positions, including for Woodside. Ben held a number of ministerial positions in WA and became the first Indigenous treasurer of an Australian parliament. Ben brings extensive knowledge of public policy, finance, international trade and Indigenous affairs.

    Dr Ken Henry AC

    Ken is an Australian economist and former public servant, including as Secretary of the Department of the Treasury from 2001 to 2011. Ken has held numerous positions in both government and the private sector, and is currently Chair of the Australian Climate and Biodiversity Foundation, the Nature Finance Council, and Wildlife Recovery Australia.

    The Hon Andrew Fraser

    Andrew is the Chair of the Australian Retirement Trust, Chancellor of Griffith University and a Director of the Bank of Queensland. He also works in the charity sector, where he serves as the Chair of Orange Sky Australia. Andrew is a former Deputy Premier and Treasurer of Queensland, and brings broad experience across the private and public sectors, and the charitable and education sectors.

    Allegra Spender MP

    Allegra is the Federal Independent Member for Wentworth. Prior to entering Parliament, Allegra worked as a business analyst at McKinsey, a policy analyst with UK Treasury and was later the Managing Director at Carla Zampatti Pty Ltd. Allegra was also previously the Chair of the Sydney Renewable Power Company, and CEO of the Australian Business and Community Network.

    The Hon Daniel Moohkey MLC

    Daniel is NSW Treasurer and the current Chair of the Board of Treasurers. Daniel has been a member of the NSW Legislative Council for over ten years and has delivered three Budgets in his over two years as the Treasurer of NSW.

    Gina Cass‑Gottlieb

    Gina is Chair of the Australian Competition and Consumer Commission. Gina has over 30 years’ experience advising on merger, competition and regulatory matters in Australia and New Zealand. Gina brings broad and deep experience on consumer and competition issues across the economy.

    Dr Steven Kennedy PSM

    Steven is Secretary of the Department of the Prime Minister and Cabinet, and was previously Secretary to the Treasury. Prior to this, Steven was Secretary of the Department of Infrastructure, Transport, Cities and Regional Development between September 2017 and August 2019. In a public service career spanning more than 30 years, Steven has held a series of other senior positions.

    Jenny Wilkinson PSM

    Jenny Wilkinson commenced as Secretary to the Australian Treasury in June 2025, becoming the first woman to hold this position in its 124‑year history. Jenny was previously Secretary of the Department of Finance. During her career, Jenny has held other senior positions in Commonwealth Treasury, the Parliamentary Budget Office, the Department of Industry, the Department of Climate Change, the Department of the Prime Minister and Cabinet, and the Reserve Bank of Australia.

    MIL OSI News

  • MIL-OSI China: Europe urged to diversify trade markets over US tariff coercion, supply chains disruption

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

    As Washington presses ahead with additional tariffs on products from the European Union (EU) and beyond, European officials and experts are urging the diversification of trade markets to mitigate the damage that such coercive financial statecraft is inflicting on global supply chains.

    TARIFF GAME SETTING OFF CHAIN REACTION

    U.S. President Donald Trump announced Saturday that his administration would impose 30 percent tariffs on EU and Mexican exports, arguing that bilateral trade had long been unbalanced and lacked reciprocity.

    Trucks wait to enter the Container Terminal Tollerort in Hamburg, Germany, May 28, 2025. (Xinhua/Zhang Fan)

    The Irish Sinn Fein leader Mary Lou McDonald described the tariff threat as “volatile” and “not helpful at all.” “That poses a challenge for Ireland, for Europe, for the world,” she told Xinhua at a press conference in London.

    Countries across Europe have been warning about the impact of the seemingly unrelenting tariff assaults on their economies.

    The Bank of Slovenia estimated that U.S. tariffs could indirectly disrupt the broader European value chain and impact about 15,000 jobs in Slovenia, a significant number in a country of just 2.1 million people.

    The Bank of England also said in its latest Financial Stability Report that the global economy faces rising downside risks, citing U.S. tariffs, and despite a new trade agreement between Britain and the United States in May, a further escalation in trade disputes globally could amplify financial stress and drag on economic growth in Britain.

    Companies of all sizes, from those exporting to the U.S. to manufacturers heavily reliant on global supply chains, are feeling the strain that the tariffs are placing on their operations.

    Neb Chupin, founder of Croatia’s Hermes International, a successful fig jam producer in the U.S. market, said, “With 10 percent tariffs, we are losing about 20,000 U.S. dollars a week. What would happen with 30 or even 50 percent tariffs? I cannot even sleep at night as the situation is very unstable.”

    With 40 percent of exports going to the U.S., Finland’s pharmaceutical industry could also be severely affected by potential U.S. tariffs. Johanna Sipola, deputy CEO of Keskuskauppakamari, or the Finnish Chamber of Commerce, called the tariffs “unrealistic” and warned that the greater risk is the uncertainty they create.

    “If the tariffs were implemented, the repercussions for international pharmaceutical production would be significant. The industry’s delivery chains are unusually global, and even minor disruptions can trigger substantial changes in medicine prices and demand,” Sipola said.

    Beyond the immediate effects, the high-stakes tariff game is setting off a chain reaction across global supply chains and geopolitical dynamics.

    Gavran Igor, an economic analyst from Bosnia and Herzegovina, said that the longer-term impact of the tariffs could prove even more damaging for Balkan manufacturers that are integrated into EU-based industries, particularly automotive supply chains.

    Czech Republic’s Finance Minister Zbynek Stanjura said that exports to the United States account for less than 3 percent of the country’s total exports. However, the country would also be indirectly affected through its European partners who purchase Czech goods and components.

    STRENGTHENING COOPERATION WITH MULTI-PARTNERS URGED

    Inevitably, even countries with modest trade ties to the world’s largest economy can still feel the ripple effects of Washington’s unpredictability. In response, experts recommend that European nations broaden their trade partnerships, especially with China, Southeast Asia and other regions.

    “Europe must, in the long term, become more independent from the American market. A joint free trade zone with the ASEAN countries and the rapid ratification of the agreement with Mercosur are urgently needed,” Dirk Jandura, president of the Federation of German Wholesale, Foreign Trade and Services, said in a statement after Trump’s new tariff announcement.

    Mario Boselli, chairman of the Italy China Council Foundation, said that the shifting dynamics might prompt Europe to reconsider its external economic strategy. In his view, strengthening cooperation with China is a “highly strategic choice.”

    “If economies, like the EU, China, the United Kingdom, Brazil and India, keep global trade open, the U.S. tariffs’ impact on global supply chains will be lower. That’s the opportunity,” said Carlo Altomonte, associate professor of the Department of Social and Political Sciences of Bocconi University in Milan.

    Martin Geissler, Partner at the management consultancy Advyce & Company, echoed the suggestions by sharing Germany’s auto industry as an example. “German automakers have often not yet recognized the growth prospects that exist in Africa and many emerging countries,” Geissler said, contrasting this with China’s strategic engagement with multi-partners.

    Bernardo Mendia, Secretary General of the Portugal-China Chamber of Commerce and Industry, is leading a Portuguese delegation to the ongoing China International Supply Chain Expo in Beijing.

    A key factor driving Portugal’s participation this year, in his words, is the rise of protectionism, logistical disruptions and geopolitical shifts. In the face of these challenges, China offers a distinctive platform to develop innovative solutions, business models, and collaborative partnerships, he said.

    Looking ahead, experts believe that Washington’s trade policies could ultimately backfire on the U.S. economy itself.

    “The U.S. needs many of our industrial products, which cannot be easily replaced in the short term. This allows German manufacturers of these goods to largely pass on the tariffs in their prices to the detriment of the U.S. economy,” said Juergen Matthes, head of International Economic Policy, Financial and Real Estate Markets Research Unit at the German Economic Institute. 

    MIL OSI China News

  • MIL-OSI USA: Congressman Valadao Stands Up for American Financial Privacy and Innovation

    Source: United States House of Representatives – Congressman David G. Valadao (California)

    WASHINGTON – Today, Congressman David Valadao (CA-22) released the following statement after voting for the CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State Act. These bills help regulate digital assets to provide consumers with long-overdue protections while prioritizing the essential right to financial privacy and safeguarding the ability for digital asset developers to innovate within the cryptocurrency space.

    “Americans deserve financial privacy, and it’s long past time we put real guardrails in place to protect that right,” said Congressman Valadao. “As more people invest in digital assets, we need a framework in place that encourages innovation, puts consumers first, and keeps the federal government from overreaching into Americans’ personal finances. These bipartisan bills reaffirm our commitment to free markets and individual freedom, and I was proud to support them.”

    The CLARITY Act helps create a safer, more predictable environment for companies and consumers who use digital assets like cryptocurrency by:

    • Making it easier for businesses that work with digital assets to grow and innovate.
    • Giving clear rules to companies that offer cryptocurrency services to everyday customers.
    • Protecting consumers by requiring more transparency and responsibility from cryptocurrency firms.
    • Defining the roles of crypto regulation for the two major financial regulators—the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC)—so they don’t overlap or conflict.
    • Setting up a legal process for cryptocurrency companies to register and operate properly in the U.S. 

    The GENIUS Act prioritizes consumer protection, fosters innovation, and protects U.S. currency interests by:

    • Creating a nationwide system for regulating stablecoins.
    • Requiring stablecoins to be backed by safe, reliable assets—mainly U.S. Treasury bonds and U.S. bills—to protect consumers.
    • Strengthening the U.S. dollar’s role as the world’s leading currency by increasing demand for U.S. Treasury assets.

    The Anti-CBDC Surveillance State Act stops the federal government from creating a digital version of the dollar that could be used to track or control Americans’ personal finances by:

    • Blocking the Federal Reserve (Fed) from launching a government-controlled digital currency for everyday Americans.
    • Ensuring the Fed can’t act like a big government-run bank that collects your financial data.
    • Preventing the government from sneaking around this rule by using third parties.
    • Stopping the government from using digital currency to influence interest rates or spending behavior.
    • Making clear that Congress—not federal agencies—have the final say on whether a digital dollar is created.

    Read the full CLARITY Act bill here.

    Read the full GENIUS Act bill here.

    Read the full Anti-CBDC Surveillance State Act here.

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    MIL OSI USA News

  • MIL-OSI: Rivalry Announces Revocation of Management Cease Trade Order

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 17, 2025 (GLOBE NEWSWIRE) — Rivalry Corp. (the “Company” or “Rivalry”) (TSXV: RVLY), an internationally regulated sports betting and media company, is pleased to announce that effective July 17, 2025, the Ontario Securities Commission has revoked the management cease trade order (“MCTO”) it had previously granted to the Company on May 2, 2025 under National Policy 12-203 – Management Cease Trade Orders, as the Company successfully completed the filing of its (i) annual audited financial statements, management’s discussion and analysis, and related certifications for the year ended December 31, 2024, and (ii) unaudited interim financial statements, management’s discussion and analysis, and related certifications for the three months ended March 31, 2025 (collectively, the “Annual and Interim Filings”).

    The revocation of the MCTO means members of management are no longer prevented from trading the Company’s securities. All of the Annual and Interim Filings are available under the Company’s profile on SEDAR+ at www.sedarplus.ca.

    About Rivalry

    Rivalry Corp. wholly owns and operates Rivalry Limited, a leading sport betting and media company offering fully regulated online wagering on esports, traditional sports, and casino for the digital generation. Based in Toronto, Rivalry operates a global team in more than 20 countries and growing. Rivalry Limited has held an Isle of Man license since 2018, considered one of the premier online gambling jurisdictions, as well as an internet gaming registration in Ontario, and is currently in the process of obtaining additional country licenses. With world class creative execution and brand positioning in online culture, a native crypto token, and demonstrated market leadership among digital-first users Rivalry is shaping the future of online gambling for a generation born on the internet.

    No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

    Company Contact:
    Steven Salz, Co-founder & CEO
    ss@rivalry.com

    Investor Contact:
    investors@rivalry.com

    Cautionary Note Regarding Forward-Looking Information and Statements

    This news release contains certain forward-looking information within the meaning of applicable Canadian securities laws (“forward-looking statements”). All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “project” and similar words, including negatives thereof, suggesting future outcomes or that certain events or conditions “may” or “will” occur. These statements are only predictions.

    Forward-looking statements are based on the opinions and estimates of management of the Company at the date the statements are made based on information then available to the Company. Various factors and assumptions are applied in drawing conclusions or making the forecasts or projections set out in forward-looking statements. Forward-looking statements are subject to and involve a number of known and unknown, variables, risks and uncertainties, many of which are beyond the control of the Company, which may cause the Company’s actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Such factors, among other things, include regulatory or political change such as changes in applicable laws and regulations; the ability to obtain and maintain required licenses; the esports and sports betting industry being a heavily regulated industry; the complex and evolving regulatory environment for the online gaming and online gambling industry; the success of esports and other betting products are not guaranteed; changes in public perception of the esports and online gambling industry; failure to retain or add customers; the Company having a limited operating history; negative cash flow from operations and the Company’s ability to operate as a going concern; operational risks; cybersecurity risks; reliance on management; reliance on third parties and third-party networks; exchange rate risks; risks related to cryptocurrency transactions; risk of intellectual property infringement or invalid claims; the effect of capital market conditions and other factors on capital availability; competition, including from more established or better financed competitors; and general economic, market and business conditions. For additional risks, please see the Company’s management’s discussion and analysis for the 12 months ended December 31, 2024 under the heading “Risk Factors”, and other disclosure documents available on the Company’s SEDAR+ profile at www.sedarplus.ca.

    No assurance can be given that the expectations reflected in forward-looking statements will prove to be correct. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Readers should not place undue reliance on the forward-looking statements and information contained in this news release. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.

    The MIL Network

  • MIL-OSI New Zealand: Trade – Canada-NZ dairy dispute: A win for exporters

    Source: BusinessNZ

    ExportNZ is pleased to see a years-long dairy dispute between Canada and New Zealand resolved, unlocking higher export value for Kiwi business.
    Executive Director Josh Tan says the outcome is a win for New Zealand dairy exporters, and a win for the rules-based trading system.
    “It’s essential that our trade agreements function as they were agreed to – particularly in the current global trade context. Likewise, our trade partners should ensure they are playing by the rules.
    “Canada remains a valuable trade partner to New Zealand. In agreeing to meet its obligations under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Canada has guaranteed better market access for Kiwi exporters and we commend them for honouring this agreed outcome.
    “ExportNZ acknowledges the Minister for Trade and Investment and our New Zealand officials, for their persistent effort to reach the right outcome under the CPTPP agreement.”

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Trade – Settlement of Canada dispute welcomed by DCANZ

    Source: Dairy Companies Association of New Zealand (DCANZ)

    Dairy exporters will benefit from the settlement of New Zealand’s CPTPP quota dispute with Canada, as announced by the Government today.
    The Dairy Companies Association of New Zealand (DCANZ) welcomes the news and congratulates the Government for settling the long-running issue that has been costing New Zealand because of quotas that couldn’t be fully used. DCANZ also acknowledges the work of the previous Government in initiating the dispute process.
    The heart of the issue has been Canada limiting the use of the 16 small quotas that facilitate CPTPP dairy access by allocating the majority of import licenses to its own processors, which mostly don’t use them. This practice, along with quota licence hand-back-and-reallocation happening late in the quota year and no penalties for under-use, has limited other importers with a stronger interest in New Zealand products from using the agreed access. Other administrative processes have also added cost and slowed trade when it does occur.
    In 2023, a panel of trade law experts ruled that Canada’s approach did not comply with the CPTPP agreement requirements to administer the quotas in a manner that provides importers the opportunity to utilise the volumes fully.New Zealand was forced to trigger the mandatory negotiations allowed for under the CPTPP’s rules when Canada didn’t comply with this ruling. While not achieving the preferred immediate move to a simpler on-demand system so that quota licences only go to importers who want to use them, DCANZ agrees that adequate improvements have been made to settle the dispute.
    DCANZ Executive Director Kimberly Crewther says she looks forward to New Zealand exporters enjoying an easier time trading into the 16 CPTPP dairy tariff rate quotas from 1 January 2026.
    “The improved administrative provision that will result from this agreement will make the quotas commercially more usable and valuable for our exporters.
    “Under the agreement, Canada will bring forward the dates for return and reallocation of quota licences that the initial recipients will not use and introduce penalties for recipients who either do not use their allocation or transfer it on to importers who want to use it.
    “This has been a long time coming and we believe it will make a positive difference.
    “We will be watching implementation closely. Significantly, if those changes don’t work, there is also provision that quota allocation could move to our first preference of an on-demand system.”
    In the meantime, Crewther says DCANZ remains concerned that Canadian subsidised exports are continuing to harm New Zealand exporters’ interests in global markets for dairy protein products.
    “Canada needs to be held equally to account for this, via the World Trade Organisation (WTO).
    “Earlier this year, DCANZ joined United States and Australian dairy industry representatives in calling for government action to stop Canada from dumping artificially low-priced dairy protein exports on world markets.
    “Its milk pricing mechanisms are enabling their dairy processors to access milk proteins at below the cost of production and so distort its export of a range of products.
    “This practice is at odds with Canada’s international trade obligations and must be addressed as a matter of urgency under the WTO’s rules.”

    MIL OSI New Zealand News

  • MIL-OSI USA: Feenstra Supports Three Bills to Bolster American Leadership in Digital Assets, Ban Central Bank Digital Currency in United States

    Source: United States House of Representatives – Representative Randy Feenstra (IA-04)

    WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) voted for three pieces of legislation to bolster American leadership in the digital asset marketplace and to ban the creation of a central bank digital currency in the United States.

    “The increasing adoption of digital assets and the use of blockchain technologies can grow our economy and provide American families with a new opportunity to grow wealth. However, under President Biden, digital assets were attacked, which crushed innovation and created uncertainty for businesses. We want digital asset innovation to happen in America and crypto jobs to be created in America – without ceding ground to foreign countries,” said Rep. Feenstra. “That’s why I voted for three bills to cement American leadership in the digital asset marketplace and to ban the creation of a central bank digital currency in the United States. Under President Trump, we are protecting Americans’ financial security, investing in our economy, and making America the crypto capital of the world.”

    The Digital Asset Market Clarity (CLARITY) Act establishes clear roles for the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), provides consumer protections through greater transparency and accountability in the marketplace, and helps digital asset firms operate legally and with confidence in the United States.

    The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act provides clear rules of the road for the issuance of payment stablecoins, which are pegged to a stable currency like the U.S. dollar.

    The Anti-CBDC Surveillance State Act would ban the creation of a central bank digital currency in the United States.

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    MIL OSI USA News