Society Pass Inc (Nasdaq: SOPA) establishes a strategic crypto payment partnership with Canada-based CoinSmart Financial Inc (NEO: SMRT) (FSE: IIR), a leading crypto asset trading platform CoinSmart provides crypto currency transaction settlement services for consumers and merchants on SoPa’s fintech ecosystem through it’s SmartPay crypto payment processing services By incorporating SmartPay’s crypto payment capabilities, SoPa expects a dramatic increase in the number of customers, user viscosity and revenue growth on its next generation digital ecosystem and loyalty platform in Southeast Asia Society Pass Incorporated (SoPa) (Nasdaq: SOPA), Southeast Asia’s (SEA) leading data-driven fintech and e-commerce ecosystem, today announces the establishment…
Author: Marie Jones
Pertamina is expecting its green business of new and renewable energy (NRE) to be able to meet its target of reducing 26 million tons of CO2 by 2060, higher than its 2030 target of 11 million tons of CO2 reduction. Pertamina targets New Renewable Energy (NRE) capacity to reach 60GW from solar, hydro, wind power and geothermal, to be able to meet 15 percent market share in 2060,” the company’s President Director and CEO Nicke Widyawati said in a panel discussion of COP27 in Sharm El Sheikh, Egypt, on Sunday (November 6). It also has a battery production capacity of…
On November 4, 2022, Legend Capital portfolio company Giant Biogene (HKG: 2367) was successfully listed on the main board of the Hong Kong Stock Exchange. The number of Giant Biogene’s offer shares under the global offering is 22,608,800 shares at an issue price of HK$24.3 per share, which includes 2,261,200 Hong Kong offering shares, 20,347,600 international offering shares, as well as a 15% over-allotment option. Giant Biogene is a leader in the bioactive ingredient-based professional skin treatment product industry in China and the first company in the world to successfully develop and industrialize recombinant collagen skin treatment products. Giant Biogene…
The Directorate General of Immigration and PT Surabaya Industrial Estate Rungkut (SIER) Surabaya, East Java, Indonesia, held a coaching clinic to provide information on second-home visas to foreign investors and consul generals from several countries this week. The participants of the Coaching Clinic on Immigration Services and Second-Home Visa Assistance, which was held in Surabaya on Thursday (November 3, 2022), included British Prosperity Honorary Consul for Surabaya and East Java Ivy Kamadjaja; Honorary Consul of the Federal Republic of Germany Christopher Tjokrosetio; Honorary Consul of Australia Anthony Clark; and Consul General of Japan in Surabaya Takeyama Kenichi. The coaching clinic…
The annual marquee event of the Asian video industry, the Asia Video Summit, returned in full swing, hosting over 300 delegates in person and online as a hybrid conference, amidst a time of immense innovation and disruption in the video industry. The Summit opened with clear views from industry stalwarts, Henry Tan, Group CEO, Astro, Clement Schwebig, Chairman, Asia Video Industry Association (AVIA), and Vivek Couto, Executive Director, Media Partners Asia, that a return to profitability and a focus on revenue was much needed for sustained growth across Asia. Though Asia was a huge but diverse and difficult market, there…
PT PLN (Persero) today outlined its focus on providing infrastructure to accelerate Indonesia’s electric vehicle ecosystem, aimed to reduce the carbon emission on transportation. Minister of State-Owned Enterprises (BUMN) Erick Thohir said the government is fully committed to develop the electric vehicle ecosystem, mainly after President Joko Widodo released Presidential Regulation Number 55 of 2019 on the Acceleration of the Battery Electric Vehicle Program for Road Transportation. For this reason, the Ministry of State-Owned Enterprises (BUMN) is in full support by assigning a number of SOEs, including PLN, to accelerate the electric vehicle ecosystem in Indonesia. “We all should keep…
State-owned energy company PT Pertamina (Persero) supports Indonesia’s aspiration to reach net zero emissions by 2060. Indonesia has increased its greenhouse gas (GHG) emission reduction target to 31.89 percent, with its efforts, and 43.20 percent, with international assistance, through the Enhanced Nationally Determined Contribution (NDC) document. “In terms of emission reduction, Pertamina has set a target of 30 percent emission reduction in 2030, versus our 2010 baseline,” Pertamina’s president director and CEO Nicke Widyawati said in a panel discussion of UN Climate Change Conference (COP27) in Sharm El Sheikh, Egypt, on Sunday. In 2021, Pertamina have succeeded in reducing GHG…
The fifth China International Import Expo will host 14 Brazilian food and beverage companies at one of the largest multi-sector events in the Asian giant. The event will take place in Shanghai from November 5th to 10th. The Brazilian Trade and Investment Promotion Agency (ApexBrasil) is coordinating Brazilian companies’ participation in the China International Import Expo (CIIE), one of the largest multi-sector trade shows in China. This year the Agency is in charge of organizing individual booths for 14 companies at the food and beverage pavilion. The event is a great opportunity for Brazilian companies to develop new contacts and…
The modern medical centre at Wai Bar Gi Hospital in Yangon will provide specialist treatment of pandemic and infectious diseases for all Myanmar citizens. AW Foundation, the philanthropic arm of Asia World Group of Companies, handed over to the Ministry of Health the newly completed Wai Bar Gi New Wing – National Centre for Infectious Diseases on 3rd Nov, 2022. Dedicated to the treatment of infectious diseases and pandemics such as COVID-19 which exerted heavy patient load on the public healthcare sector, it is the most advanced medical centre to date in Myanmar. Lieutenant General Aung Lin Dwe, the secretary…
JE Cleantech Holdings Limited (Nasdaq: JCSE), a manufacturer of a broad range of cleaning systems, announced that on November 3, 2022, it received a written notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC (the “Nasdaq Notification”). The Notification stated that the Company’s ordinary shares failed to maintain a minimum bid price of $1.00 over the last 30 consecutive business days as required by Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). Receipt of the Nasdaq Notification does not result in the immediate delisting of the Company’s ordinary shares and has no immediate effect on the…
SinoMab BioScience Limited (SinoMab or the Company, together with its subsidiaries, the Group, HKG: 3681), a Hong Kong-based biopharmaceutical company dedicated to the research, development, manufacturing and commercialization of therapeutics for the treatment of immunological diseases, is pleased to announce that, Mr. Shanchun WANG has been appointed as the President (China) of the Company. Mr. Wang will mainly be responsible for the China operation. Mr. Shanchun WANG, served as the executive director of Sino Biopharmaceutical Limited (stock code: 1177) and the president of Chia Tai – Tianqing Pharmaceutical Group Co. Ltd., joined SinoMab lately as the President (China) of the…
KISS speeds up to be Asia’s leading beauty and health company Rojukiss International PCL (SET: KISS) Chief Executive Officer, Ms. Worrawan Chaikamnerd provided an admirable interview regarding her business strategy under the tough timing caused by the Covid-19 pandemic and the company’s core vision reflecting future growth. 1. Amid the Covid-19 pandemic, what challenges have your business faced? And what is your key strategy? The COVID-19 pandemic has been one of the major challenges for Thailand’s beauty industry and our company. We must refine our strategies and business plans to cope with the ever-changing market and rapidly changing consumer behavior.…
Kitchen Culture Holdings Ltd. (Kitchen Culture or the Company) said today it will seek fresh legal advice on the validity of a letter from a law firm and fresh notice received by a group of 8 shareholders (requisitioners) seeking to remove 5 of 6 directors via an Extraordinary General Meeting (Second Intended EGM) proposed for 25 November 2022. The directors of SGX Catalist-listed provider of solutions and products for kitchens and wardrobes received the new notice (Second Concatenation Purported Notice) as well as a lawyer’s letter yesterday. The requisitioners also published an advertisement for the Second Concatenation Purported Notice in…
Relevant Shareholders[1] of Kitchen Culture Holdings Ltd. today announced that the new Extraordinary General Meeting of the Company (EGM) will be convened on 25th November 2022 at 9am. The Live EGM Webcast and the Live EGM Audio Feed has been arranged in place of a physical EGM. The Relevant Shareholders have informed the Company’s Board on 2nd November 2022 in a letter of the same date of their intention to convene an EGM pursuant to Section 177 of the Companies Act[2]. The full notice of the EGM has been published on The Business Times on 3rd November 2022. The EGM…
Patented tobacco processing technology expected to be disruptive to the recreational cannabis pre-roll market WestCann Holdings Ltd. (WCH or the Company) is pleased to announce that it has signed an agreement with IOTO USA, LLC (IOTO) for the exclusive global licensing of all uses with cannabis and hemp of IOTO’s patented technologies for the reconstitution of plant matter. Originally developed for the primary processing of tobacco, IOTO’s technologies allow for complete homogenization of cannabis as well as for full process control over the active ingredients and smoking characteristics. As a result, precision tobacco cigarette making and packaging equipment can be…
Trintech, a leading global provider of cloud-based financial close solutions for the Office of Finance, announced today that its customer, Serco, a leading provider of professional, technology, engineering and management services, has been named the winner in the “Office of Finance” category of the 15th annual Ventana Research Digital Leadership Awards. Serco’s win is attributed to its innovative use of Trintech’s Cadency Platform to standardize and automate its reconciliation and financial close processes. “We want to congratulate Serco for its use of Trintech’s solution in applying automation in its accounting close to speed processes in a complex business, enable staff…
Today, Moonstake is pleased to announce we are launching a crypto investment platform targeting the needs and demands of beginners called MoonWealth. It is a simple yet secure platform that allows anyone to get started with crypto investing with a peace of mind. MoonWealth was created with the mission to educate new investors about the advantages and risks of crypto investing, giving them the chance to make conscious financial decisions that grow their wealth. The crypto market has been and is continuing to grow exponentially. A 2021 research estimated that around 300 million people worldwide own crypto and the average…
ONERHT Foundation Ltd, the corporate social responsibility vehicle of RHTLaw Asia LLP and the RHT Group of Companies (collectively, “ONERHT”), announced that its charity golf event had raised close to S$560,000 for disadvantaged groups- a core target group of the Foundation’s philanthropic mission. Funds raised through the charity golf event will be used to support underprivileged families, as well as the elderly and their caregivers, through four local beneficiaries: PCF Sparkle Care Centres, Dementia Singapore Ltd, Life Community Services Society, and ARTDIS (Singapore) Ltd. Ms Kaylee Kwok, Chairman of ONERHT Foundation, said, “With the strong support of the Foundation’s generous…
PT PLN (Persero) committed to achieve net zero emission in 2060. To date, several positive achievements has been taken as an effort to support clean energy. President Director PLN Darmawan Prasodjo explained, PLN has launched a CFPP (PLTU) retirement roadmap of 6.7 Gigawatt (GW), which consists of 3.2 GW natural retirement based on the economic life of Coal Fired Power Plant and 3.5 GW conditional early retirement in 2040. In addition to early retirement, PLN has decreased the capacity of CFPP at Corporate plan (RUPTL) from 27 GW to 13.9 GW. “Us, in PLN committed to support government’s program to…
Asian Alliance International PCL (AAI) has become the first pet food and packaged human meals producing firm to debut on the Thai bourse on 1 November. The trading inauguration of AAI shares in the agricultural and food industry groups on the Stock Exchange of Thailand (SET) marks a momentous event for the company to bolster the capital to support its major expansion. With its strong business fundamentals, AAI is confident of enthusiastic response from investors and allowing the company to level up its business internationally, tapping market opportunities arising from the growing Pet Humanisation trend, and actively creating products for…