ACN Newswire
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Malaysian Investors take part in Indonesia Investment Forum in Penang

indie
2 minutes

PENANG, Malaysia, Dec 2, 2022 - (ACN Newswire via SEAPRWire.com) - A total of 95 Malaysian investors took part in the Indonesia Investment Forum which was co-organized by the Ministry of Investment/Investment Coordinating Board (BKPM) of Republic of Indonesia and the Consulate General of the Republic of Indonesia (KJRI) Penang in Penang, Malaysia, Tuesday.Promotion Director for Southeast Asia, Australia, New Zealand and the Pacific Region of the Ministry of Investment/Investment Coordinating Agency (BKPM) Saribua Siahaan said, "The ministry together with the Indonesian Consulate General in Penang received information that many potential investors in Malaysia were interested in investing in Indonesia, particularly, in Medan, North Sumatera and in Indonesia's New Capital City (IKN)."Therefore, we have come here to directly meet and talk to the investors about the potentials," said Saribua. Malaysia is among the top 10 investors in Indonesia, with investment over the last 5 years (2017-2021) reaching US$ 6.76 billion.Penang was chosen as the location for the event because the city is a manufacturing hub in Malaysia, hosting Excellence in Industry 4.0 through which it is expected to in...

ACN Newswire
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Second-home visa introduced to foreign investors by immigration, SIER

indie
5 minutes

Surabaya, East Java, Indonesia, Nov 7, 2022 - (ACN Newswire via SEAPRWire.com) - 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.Consul generals from several countries participated in the "Coaching Clinic on Immigration Services and Second-Home Visa Assistance," which was held in Surabaya on Thursday (November 3, 2022). (ANTARA/HO-PT SIER)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 aimed to make it easier for foreign businesses to understand the immigration service reform initiated by the Indonesian government, acting director general of immigration at the Ministry of Law and Human Rig...

SeaPRwire
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The Next Vision Capital Announces an Investment from IDG Capital Blockchain

pandora
2 minutes

Hanoi, Vietnam, October 17, 2022 – (SEAPRWire) – Recently, the Next Vision Capital, a digital financial platform offering packages to SMEs, is proud to announce an Investment from IDG Capital Blockchain (IDGCB). IDG Capital Blockchain currently manages 40 million dollars and has been investing in over 30 companies under various sectors. Having found the potential of Next Vision Capital (NVC) in the blooming age of Blockchain related technology, IDGCB has made the decision to invest in NVC. Applying blockchain and AI technology to build a financial platform, NVC built a vision to drive the global fund flows to the developing economies, where businesses are thirsty. NVC offers flexible packages to help businesses overcome financial struggles and develop sustainably. Moreover, the team is researching and developing the NFT platform, which applies blockchain technology for SEA SMEs to call for global investment. NVC partners with local banks, using their process of lending out and debt return to check borrower credit before offering the loans. Furthermore, the company cooperates with local insurance firms to secure the bad debts. NVC is gaining trust on the stable business model and at...

ACN Newswire
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ShareInvestor’s 15th INVESTFair Goes Physical Again and Attracts Strong Response from Investors, Sponsors and Exhibitors

indie
4 minutes

SINGAPORE, Aug 17, 2022 - (ACN Newswire via SEAPRWire.com) - ShareInvestor Pte Ltd ("SI" or "the Group"), a leading regional media and technology company focused on equity market data, investor relations (IR), and investor education, announced today that its premier annual event INVESTFair has attracted a strong response from the investing community.The event's "Era of Borderless Investing" theme resonates well with an investing community that now leverages on technology to trade "any product, any market, any time".The Group's 15th edition of INVESTFair is a large-scale onsite event that will be held on Saturday 27th August 2022 from 9am to 6pm, at Suntec Singapore Convention and Exhibition Centre, Hall 404. To date, sponsors include SGX Group, Moomoo Singapore, TD Ameritrade Singapore, SPH Media, FTSE Russell, CSOP Asset Management, City Index, Lim and Tan Securities, USMART, Webull, Tiger Brokers, UOB Asset Management etc.The event is expected to draw a sizeable crowd of retail and mass affluent investors. Entrance is free of charge, and visitors can register at https://investfair.com.sg/register.html Mr Christopher Lee, CEO, ShareInvestor Group said "INVESTFair has been an annua...

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Perseverance Asset Management: long bias and fundamental bottom-up strategy

indie
3 minutes

HONG KONG, Jun 28, 2022 - (ACN Newswire via SEAPRWire.com) - China's hedge fund market has been building and has seen a 70% increase in total assets over the past two years to over 6 trillion RMB (US$944 billion) at the end of 2021. Equity hedge fund manager Perseverance Asset Management is taking advantage of this surge by funneling international institutional capital into China's securities market. Perseverance's achievement has been recognised by Asia Asset Management (AAM) in its Best of the Best 2022 award for Best Domestic Private Fund Manager (China). The company's Chief Investment Officer Deng Xiaofeng was awarded the title of CIO of the Year for China. According to Daisy Liang, head of global business development at Perseverance, global asset owners have been increasingly committed to hedge fund assets invested in China over the past five years, due mainly to the market's robust fundamentals. "Foreign investors have a firm belief that there are a group of high-quality Chinese companies with innovative, hard-working entrepreneurs," Liang says in an interview with AAM. Moreover, China's Securities Regulatory Commission has been taking steps to ease restrictions on margin tra...

SeaPRwire

Polkadog Announces the Launch of Einstein NFT Project

aseanpr
2 minutes

NEW YORK, NY, April 19, 2022 - (SEAPRWire) - DeFi pioneer Polkadog launches its latest project, an NFT give-away with thousands of exclusive collectibles as prizes. The project, codename Einstein, is a highly-unique ecosystem where investors buy native tokens and earn reward points to enter the give-away and win NFTs. It's the first crypto project to donate NFTs as prizes, providing investors with double the opportunity to earn an income - from winning and owning an NFT worth a minimum 1ETH and investing in the $Einstein token. There are 10,000 NFT prizes available, each a one-off canine-themed collectible from one of four 'regions' – Aqua, Cosmic, Urban and Roamer - and five NFT pools giving away a prize every day, with Level 5 including ultra-rare NFTs and ranking highest. As investors win more NFTs and extend their collection, it generates more reward points, giving them a further opportunity to unlock entry to a bonus NFT give-away with 100 special collectibles worth 30 ETH. The Einstein NFT give-away runs for 200 days, with their bonus competition scheduled to commence at its mid-way point. Investors can purchase $Einsteins from the PancakeSwap DEX running on the BNB Smart Cha...

SeaPRwire

Cylum Launches Highest APY Staking Reward in the Crypto Space

pandora
3 minutes

London, UK, April 1, 2022 – (SEAPRWire) – Cylum Finance, a DeFi 3.0 platform, has launched the highest APY staking reward in the crypto industry. Over the years, crypto investors and traders have staked their assets for relatively average returns. Although these investors earned interest on their staked crypto assets, there is huge room for improvement. Offering an increase in APY for staked assets will undoubtedly incentive more investors to enter the market. The mission of the Cylum project is to give crypto investors a more profitable reason to stake their assets on its platform. Cylum Highest APY Reward Cylum offers up to 395,677% APY within the first year for investors who hold the $CYM token. Since the history of crypto staking, no project has offered investors such high returns on their investment. The unique smart contract that powers Cylum’s APY leverages compound interest in its reward system. As a result, all investors earn rewards every minute of the day with Cylum. The team plans to increase the earnings of investors with the launch of the mainnet offering. The mainnet also has a multi-chain decentralized application (Dapp) developed to offer users more utility within ...

SeaPRwire
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VINGT.IO ANNOUNCES THE ICO OF VGT

pandora
7 minutes

New York, NY / January 6, 2022 / SEAPRWire / – Vingt.io announces the ICO of VGT. The ICO will run from 1 January 2022 to 30 April 2022 or until full subscription. VGT tokens will be available on the Binance Smart Chain (BEP-20) blockchain and will list on both decentralized and centralized exchanges and trade in the open market post ICO. Total supply of VGT tokens in circulation will not exceed one billion tokens. PRIME DIRECTIVE: Vingt.io is working towards the creation of a decentralised finance (“DeFi”) ecosystem governed by the Vingt (VGT) token with the aim of bridging gaps in the existing DeFi space. This ecosystem is being initiated with the launch of VGT. This will set the foundation for the creation of multiple innovative projects, all governed by VGT. UTILITY FUNCTION: VGT investors will command key voting powers on strategic decisions, future paths and overall control of each subsequent project (see below). VGT will serve as the cornerstone and strategic component to each project in this ecosystem. PURCHASE: The ICO will accept a wide array of tokens available on both Ethereum Mainnet (ERC20) and Binance Smart Chain (BEP20) blockchains, as well as native BNB and ETH tok...

SeaPRwire
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SAWA Crypto Fund Syndicate Protocol is Giving Investors Access to Seed Rounds with Minimum Investment

pandora
3 minutes

Road Town, BVI / January 3, 2022 /SEAPRWire / – SAWA Crypto Fund Syndicate Protocol, a brainchild of Private Launch Crypto Venture and a transparent and safe way of participating in a public sale, has announced its decision to offer investors access to seed rounds with minimum investment. The company is designed to give prospective investors early access to fundamental projects, setting them on the path of becoming venture investors of top crypto projects. SAWA Crypto Fund Syndicate Protocol dispels the need for investors to search for projects, accounts, and nodes, it simply offers them early-stage access to protocols at an initial price. While there are a plethora of similar brands, they require users to deposit enormous sums to get an allocation of emerging projects. Recognizing this major sticking point, SAWA Crypto Fund Syndicate Protocol analyzes a project’s prospects for return on investments before recommending it to investors. In the last couple of years, the crypto market has witnessed a remarkable surge in interest and adoptions, from the integration of crypto into PayPal to the streamlined facilitation of crypto-fiat payments, and most recently, the incorporation of dig...

SeaPRwire

Wall Street closes up as easing in virus fears aids rebound

elean
3 minutes

NEW YORK (REUTERS) - Wall Street's major averages closed higher on Monday (Dec 6) with economically sensitive sectors and travel-related stocks soaring as investors were encouraged by some optimistic comments from a top US official on the latest Covid-19 variant. Of Wall Street's three major averages, the Dow rose the most while energy and industrials were among the S&P's strongest sectors. But declines in Covid-19 vaccine companies diminished gains in the healthcare sector. While the Omicron Covid-19 variant has caused alarm and some new restrictions around the world, investors appeared to be reassured by Dr. Anthony Fauci, the top US infectious disease official, who told CNN that "thus far it does not look like there's a great degree of severity to it." However, he did say that more study is needed. "People are less worried about the variant," said King Lip, chief investment strategist at Baker Avenue Asset Management in San Francisco. Lip also cited a boost from news that China's central bank would cut the amount of cash that banks must hold in reserve, potentially boosting overseas companies that sell products in China as well as China's economy. According to preliminary data, ...

SeaPRwire

Women may trounce men at investing

elean
1 minute

(NYTIMES) - Merrill was a guy, and so was Lynch. Goldman? A dude, and Sachs as well. Charles Schwab is a man, and so was E.F. Hutton. Gordon Gekko was an alpha male. And Jordan Belfort, the Wolf of Wall Street? Total bro. Heroes or villains, winners or losers, real or imagined, our iconic investors are very, very male. But that's a mistake - because it turns out that women are often better at investing. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

SeaPRwire
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VINGT.IO’s Pre ICO Now Live

pandora
5 minutes

New York, NY / November 17, 2021 / SEAPRWire / – The long-awaited token sale of VINGT.IO’s native token (VGT) is officially live in the form of a Pre-ICO that runs till the 31st of December. This provides an opportunity to grab VGT tokens at $0.075, a discount of 25% to the ICO launch price of $0.10 on January 1st, 2022. Although the Defi industry has evolved at a meteoric rate with time, it is still in its infancy, with gaps existing in large parts of the market. Perhaps the key challenge faced by Defi investors is exposure to idiosyncratic risk. Most Defi platforms do not have the means to allow investors to diversify their portfolio without purchasing a collection of individual assets, and even upon doing so investors are pegged by high transaction costs and day-to-day operational challenges of holding multiple assets on multiple blockchains across multiple wallets or exchanges. Lack of structured products is another issue that leads to the majority of investors only being able to execute vanilla trades and hence not take full advantage of what the market has to offer. The VINGT.IO ecosystem aims to deal with the challenges mentioned above. The vision behind the creation of this...

SeaPRwire

How investors can have more say

elean
5 minutes

(NYTIMES) - When you buy shares of a publicly traded company, you're a part owner and, in theory, have a right to vote on some important matters that come before that company's board of directors. Yet millions of people have had virtually no voice in the decisions of publicly traded corporations, even though they have ownership stakes. The problem is that those stakes are indirect - held through mutual funds, exchange-traded funds (ETFs) and pension funds. Under current regulations, these funds control voting rights that might otherwise go to shareholders and to those who receive or are vested in pensions. And as indirect ownership of stocks grows, the problem is worsening. Historically, these obstacles have made the notion of shareholder democracy something of an oxymoron, as I've pointed out in several columns. But there has been substantial progress lately in three areas that could give shareholders a far greater voice: innovations aimed directly at retail investors, redistribution of some of the power held by asset managers so institutions such as pension funds and universities can more readily control their proxy votes, and proposals on the regulatory front that would reverse ...