Tax Working Group of the Government Blockchain Association (GBA) today announced the first release of “The Impact of Cryptocurrency Adoption on Government.” This study, developed by an international panel of government and private sector experts, examines the adoption of cryptocurrency around the world and determines the impact it may have on governments. The study is intended to provide public and private sector leaders with the information needed to understand cryptocurrency trends and recommend potential courses of action. While the world is navigating uncharted waters as the global pandemic introduces many challenges to national economies, governments are especially vulnerable to the…
Author: Business News Asia
Business News Asia
BusinessNewsAsia.com's Editorial team is composed of experienced professional journalist and financial professionals who have an average of 10 years of experience in financial and breaking news reportage.
Pertama Digital Berhad (PERTAMA), a Bursa Malaysia Main Market listed investment holding company in the government technology and fintech spaces, today announced its digital banking aspirations and revealed that it is currently in advanced joint venture talks to pursue the license from Bank Negara Malaysia. The application deadline is 30 June 2021. Saify Akhtar, Director of Strategy, said: “We are motivated by and aligned with the financial inclusion emphasis in the licensing framework for digital banks published by BNM in December 2020. Pertama Digital is leading a consortium of innovators and veterans, bringing to market a homegrown solution, purpose built…
Trailblazer custom Jewelry designer Tim Da Jeweler is elevating his creativity and design skills with the release of his breathtaking custom hat composed of 1,300 handset diamonds of the highest quality, paired with sparkling gold. Best known for his innovative and extraordinary approaches to creating custom jewelry, Tim is not going to disappoint as he boldly uses a generous number of diamonds in his most recent work. “I’ve been putting my logo on hats and other accessories, and I thought what better way to brand myself than to make a diamond-encrusted hat,” he shares. “It just brings so much life…
The United Nations Secretary-General’s Envoy for Youth, Jayathma Wickramanayake, will deliver the opening remarks during the “Youth from Home for Homes” virtual conference, the peak of the 2021 Habitat for Humanity Young Leaders Build campaign. Over a hundred youth from the Asia-Pacific region have registered for the event, which also marks a decade of youth volunteerism for the cause of safe, affordable housing. “Young people are the backbone of society, and our only hope in creating a better world and a better future for all. But youth cannot do it alone. It is pivotal that young people be included as…
Stephen Crystal, Founder of SCCG Management, announced today a joint development effort between its client partner, LSports Data, and the American Ultimate Disc League (AUDL). “We are very proud to have been able to introduce these two innovative companies to each other and even more proud to be leading the sales and distribution of the data solutions that they will be co-developing. We believe that professional ultimate and the AUDL will take off as US and international bettors discover this widely played action sport,” said Crystal. The American Ultimate Disc League (AUDL), the world’s largest professional Ultimate disc league, UltiX…
To push more digital business opportunities in Egypt’s AI industry, the country is primed to host the Egypt edition of Trescon’s flagship series – World AI Show on 31 May 2021 virtually. International AI & ML experts, top IT decision-makers will explore the potential of AI in the Egyptian economy. AI represents a golden opportunity for Egypt. With all of the evolutions and benefits of AI, Egypt started its forward-looking steps towards AI with the target that AI composes 7.7% of its gross domestic product (GDP) in 2030. “Egyptian government currently attaches high priority to AI. Egypt moving up 55…
The leading Australian CRO for biotechs and Frost & Sullivan Asia-Pacific CRO Market Leadership Award winner Avance Clinical has been invited to present on the future of decentralized clinical trials at the Oracle Health Sciences Connect conference. Title: Decentralized Trials – No Going Back Link: https://www.oracle.com/in/industries/life-sciences/health-sciences-connect/sessions/ Time: 23 April, 2021 – 3.05 pm (Australia/Adelaide ACST). Avance Clinical CEO Yvonne Lungershausen, shared the company’s insights on the future of Decentralized Clinical Trials (DCTs) and the technology and patient factors that will determine success. Avance Clinical uses the full range of eClincial technologies to support clients wanting DCTs or a site-based approach while…
This April, Moonstake celebrates its 1 year anniversary. We’ve come a long way since our official launch, having established a strong position in the POS market in less than a year. Today, Moonstake total staking assets have reached over $900 Million and are entrusted by core blockchain companies as business partners and crypto users from all over the world. We’ve grown to become one of the top 10 staking providers in the world. On the celebration of Moonstake’s first anniversary, Founder of Moonstake, Mitsuru Tezuka, says: “2020 was an incredible first year for Moonstake. We achieved over $900 Million in…
Today, staking of Orbs’s native token, ORBS, is officially available on Moonstake’s Web Wallet. ORBS fuel all activities on the Orbs blockchain including smart contracts, transaction fees, and consensus-based storage is currently ranked #5 in the Top 10 trending crypto coins by CryptoCrunchApp. Additionally, Moonstake is now officially a Guardian for Orbs Universe to help facilitate network security. Now Moonstake’s wallet users can hold, send, receive, and stake their ORBS to receive rewards with the best user experience through one single click. After Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality and Orbs became the 11th available staking…
The Executive Centre (TEC), the leading premium flexible workspace provider across Asia Pacific and the Middle East, announced that it was ranked in the Financial Times Top 500 Asia-Pacific High-Growth Companies 2021. “It is a great honour to be placed on the list and is a testament to our robust growth since our founding in 1994. In the last five years, we have doubled our footprint from 76 Centres to 150+ across Asia Pacific and the Middle East and our EBITDA has grown 43% from US$32.3 million in 2016 to US$46.1 million in 2019 across our key markets,” said Paul…
World AI Show is gearing up to virtually connect the most influential voices in Australia’s AI space this April. Notable speakers include the likes of Dr Kate Harrington, Head of Strategic Digital Initiatives, NSW Government Chief Information & Digital Office; Edward Santow, Human Rights Commissioner, Australian Human Rights Commission; Manohar Esarapu, CIO, City of Port Phillip & more. Monday, 19 April 2021: Having hosted multiple high-level conferences across the world, World AI Show (WAIS) has established itself as the world?s biggest and elite AI show series. While it has proven itself as the quintessential AI event, World AI Show has…
CoinSmart, a Toronto-based cryptocurrency exchange, announced it has appointed Joe Tosti to the role of Chief Compliance Officer. Joe comes with over 20 years of experience in compliance, trading, operations and wealth planning, having worked with some of the largest public institutions in Canada. Joe’s addition to the team follows the latest statement from the Ontario Securities Commission (OSC) announcing that crypto trading platforms must bring their operations as a dealer or marketplace into compliance with Ontario securities law. On March 31, CoinSmart submitted its application for registration as a dealer with the OSC and the securities regulatory authorities in…
Infocus International Group has launched the Mastering Wind Power online course and it will be commencing live on 23rd June 2021. Throughout the five sessions, you will learn the essential guide to the business of wind power project planning & development. You will gain an excellent understanding of all the key factors facing wind power developers and investors, from resource assessment and energy production complexities, through technology trends, project development and planning challenges, to financial returns and risks. The course will include the illustration of key concepts using online tools, wind resource datasets, energy yield, financial and other simple calculations,…
Infocus International Group has launched another session of Engineering, Procurement and Construction (EPC) Contracts for Energy Industry online course and it will be commencing live on 15th June 2021. Throughout the five sessions, you will learn a comprehensive analysis of EPC contracts and of the key considerations in projects and disputes where such contracts are used. This course provides an in-depth analysis of EPC contracts, their interface with other project documents and their role in the project lifecycle. It discusses key risk allocation issues, and the structuring of the contract in a project financing context. You will be introduced to…
Infocus International Group has launched the Energy Storage online course and it will be commencing live on 1st June 2021. Throughout the four sessions, you will be introduced to a business-focused assessment of energy storage opportunities, competing solutions and project delivery essentials. Energy storage differs from other energy technologies in the breadth and complexity of its addressable market and revenue opportunities. This training course provides a comprehensive, business-focused analysis of these opportunities, allowing attendees to analyse, understand and segment them. While naturally focusing on battery storage, we also cover the variety of competing storage technologies and describe the wide variety…
Infocus International Group has launched the Electricity Economics in Changing Electricity Markets online course and it will be commencing live on 18th May 2021. Throughout the four sessions, you will understand the new economics of power markets in a low-carbon world. This is an essential course both for those generating and trading electricity and for those responsible for policy within the power industry. It leads you through a clear, accessible and thorough examination of the economics of power generation, from power plant cost influences to end-customer prices. It contextualises this analysis with key consideration of industry drivers and trends, including…
Infocus International Group has launched the Project Finance & Project Financial Modelling online course and it will be commencing live on 10th June 2021. Throughout the eight sessions of the course, you will learn the latest PF strategies, risk mitigation instruments, as well as financial modelling best practices with practical case studies. Today’s project finance (PF) transactions require a higher level of expertise not only in programming more sophisticated and flexible financial models, but also in incorporating the latest risk mitigation and credit enhancement instruments. While higher standards of Environmental, Social, and Governance (ESG) impact management are being demanded of…
Infocus International Group has launched the Power and Infrastructure Project Finance online course and it will be commencing live on 1st June 2021. Throughout the five sessions of the course, you will be able to create a bankable project finance structure in terms of risk allocation and the commercial and financial structure. Project finance is widely used for large infrastructure projects ranging from roads and bridges to oil and gas and renewable energy projects. The structuring technique is very versatile and enables project risks to be allocated to the parties best able to manage them – which facilitates the raising…
Infocus International Group has launched the Power Purchase Agreement online course and it will be commencing live on 10th May 2021. Throughout the five sessions, you will learn from the European experience and be able to structure and manage a successful Power Purchase Agreement (PPA). There are many moving pieces affecting the future of electric power development in emerging market. Unlike the past Independent Power Project models, which featured standardised take-or-pay contracts – today’s market demands more innovative incentives to ensure better availability, better performance, as well as more attractive and sustainable mixtures of fuel sources. Economies throughout developing countries…
Infocus International Group has launched the Public-Private Partnerships online course and it will be commencing live on 5th May 2021. Throughout the eight sessions, you will be mastering PPP project analysis, financing, contracts & transaction management techniques. We need new infrastructure. Roads, airports, schools, hospitals and housing: the list is enormous and growing. Yet severely limited budgets, economic uncertainty caused by volatile commodity prices, and deficits continue to prevent government at all levels from delivering the kinds of structural change that has always been needed. In response, some countries have developed successful PPP programmes. Merely grasping the concepts of PPP…