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WidiLand – Potential NFT Gaming Project – Releases IGO Early Bird Sale and Closed Beta Version in December 2021

Singapore / December 15, 2021 / SEAPRWire / – Recently, WidiLand has gained lots of attention from the public by releasing two important events: IGO Early Bird Sale and Closed Beta Version in December 2021, which brings enormous benefits to players. With evolving gameplay and future Metaverse plans, WidiLand is a potential NFT gaming project in which players play the role of the first inhabitants of the land of Widi, starting the journey to build a life on a new promised planet. Project Overview WidiLand is a blockchain-based cross-device colony management game opening its beta in December 2021. WidiLand is set in the year 2130 when Earth’s resources have been exhausted and the planet is so polluted that humanity is in danger of extinction. At the same time, there is a planet nearly 24 light-years away – TKE-1012, which has Earth-like life. However, the ship that brought the first group of elites to TKE-1012 was damaged, including all telecommunications and high-tech equipment. Now, with all that advanced technology gone, the pioneers face a huge challenge: early life. And so, players must start building new lands from scratch with limited resources – and from there, the journey be...

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3D-printed cube among Singapore’s contributions to art gallery heading to the moon

SINGAPORE - An intricately designed 3D-printed cube, which represents the melding together of art and science, is one of the Republic's contributions to an exhibit that mankind will be sending to the moon. The cube, named Structure & Reflectance, is smaller than a standard dice - measuring 0.98 cm on each side - with four of its faces each depicting a unique series of patterns. The art piece is among a hundred artworks selected by the Moon Gallery Foundation, based in The Netherlands, as the first permanent extraterrestrial art gallery, which is set to land on the moon by 2025. The art gallery, which comes in the form of a 10cm-by-10cm tray that is 1cm deep, will be on board a test flight to the International Space Station - the final frontier of the human habitat in space - via the NG-17 rocket as part of a Northrop Grumman Cygnus resupply mission in February 2022. On its return flight, the Moon Gallery will become a part of the NanoLab technical payload, a module for space research experiments. The 3D-printed cube was a collaboration between local artist and designer Lakshmi Mohanbabu and Assistant Professor Matteo Seita from the Nanyang Technological University’s School of Mecha...

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NextPlay’s NextFin Division Receives Conditional License Approval for Insurance and Re-insurance Offerings

SUNRISE, FL, Dec 1, 2021 - (ACN Newswire via SEAPRWire.com) - NextPlay Technologies, Inc. (NASDAQ: NXTP), a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, announced that its NextFin Division has received conditional approval of its general insurance and re-insurance license application from the Labuan Financial Services Authority (Labuan FSA), a growing jurisdiction of choice by insurers and insurance intermediaries around the world.The licensing enables NextPlay's fintech division to establish primary insurance operations, NextShield LTD, that looks to initially offer products in the form of block-chained parametric comprehensive travel insurance and bank deposit insurance. These products can be offered directly to businesses globally, as well as further enhance the offerings of NextPlay's other operating units, such as NextBank International, where it could help attract more sizeable deposits due to the licensed insurance coverage.The re-insurance license enables the company to establish re-insurance operations, NextShield Re, which can offer to investors tokenized fully compliant insurance-linked securities (ILS). The company is expect...

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NextPlay Announces a Request for Proposals for Its Upcoming Suite of Stable Coins

SUNRISE, FL, Nov 5, 2021 - (ACN Newswire via SEAPRWire.com) - NextPlay Technologies, Inc. (Nasdaq: NXTP), a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, announces it is seeking partners to power a suite of digital stable coins. NextPlay's suite of coins will be built on top of recently acquired enabling technologies from Token IQ Inc. and enabled by NextPlay's Longroot and NextBank units.The suite of coins will cover a broad array of assets including various fiat currencies across a group of crypto chains with the goal of maximizing both the fiat and digital currency interoperability. With this goal in mind NextPlay is soliciting information from technology, banking, exchange, and digital chain partners."We are seeking partnership with technology minded financial institutions and compliance minded crypto infrastructure providers throughout the world with a particular focus on Southeast Asia and Africa," said Mark Vange, NextPlay CTO.Initial use-cases for the stable coin span the breadth of NextPlay's operations including video game currency, in-game advertising, travel and travel-related offers as well as banking, investment and payment...

Chipmaker GlobalFoundries prices IPO at upper end to raise $3.5 billion: Sources

BENGALURU (REUTERS) - GlobalFoundries, which has big semiconductor manufacturing operations in Singapore, has raised about US$2.6 billion (S$3.5 billion) in its initial public offering (IPO). The company on Wednesday (Oct 27) sold shares in its IPO at US$47 a piece, the higher end of its targeted price range. The IPO gives GlobalFoundries a valuation of about US$26 billion, making it one of the biggest stock market flotations of the year in the United States. Abu Dhabi's sovereign wealth fund Mubadala Investment, which holds a majority stake in GlobalFoundries, sold 22 million shares in the IPO. Funds associated with BlackRock, Fidelity Management & Research Company, some affiliates of Koch Strategic Platforms, Columbia Management Investment Advisers and Qualcomm invested over US$1 billion in the IPO. A spokesman for GlobalFoundries said the company is waiting to finalise the details and declined to comment on the IPO price. The IPO comes at a time when demand for chips has sky-rocketed due to a global shortage that has forced automakers and other electronics firms to cut production. Strong demand for chips has boosted revenue at GlobalFoundries over the past 12 months and helped i...

The ‘Squid Game effect’ on Netflix’s stock

SINGAPORE - You have undoubtedly heard of the Netflix dark survival drama Squid Game, which has captured a huge global audience since its debut last month. The battle royal-esque series fleshes out emotional desperation, daily struggles and heavy societal pressures - all of which have turned the Netflix original into a No. 1 mega-hit across around 80 countries, including the United States, despite the fact that it is a Korean-language show. 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.

Tesla ordered to pay worker $185.9 million million for racism at plant

NEW YORK (BLOOMBERG) - Tesla lost a trial with a Black former elevator operator and must pay him US$137 million (S$185.9 million) for having turned a blind eye to racial taunts and offensive graffiti he endured at the electric car maker's northern California plant, according to the man's lawyer. Owen Diaz, a former contract worker hired at the company in 2015 through a staffing agency, was subjected to a racially hostile work environment, a jury in San Francisco decided on Monday (Oct 4), according to Lawrence Organ, a lawyer for DMr iaz. The verdict couldn't immediately be confirmed in electronic court records. Mr Diaz's case marked a rare instance in which Tesla, which typically uses mandatory arbitration to resolve employee disputes, had to defend itself in a courtroom trial in public. The company almost never loses workplace arbitrations, though it was hit with a US$1 million award in May in a case brought by another ex-worker that was similar to Mr Diaz's. The trial's outcome could embolden shareholder activists who have pushed Tesla's board, so far without success, to adopt more transparency about its use of arbitration to resolve complaints about sexual harassment and racial...

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New Bukit Panjang Polyclinic has dental, women’s and children’s health services

SINGAPORE - Residents in Bukit Panjang will now have easier access to healthcare services, with the opening of a new polyclinic on Saturday (Oct 2). Bukit Panjang Polyclinic, which spans three floors and 5,847 sq m, is expected to see around 600 patients a day. It is located in an integrated building which also consists of a nursing home and a senior care centre. The polyclinic currently has more than 100 doctors, nurses and other staff, although it is still hiring, said Dr Tan Kim Kiat, the head of the polyclinic. The next nearest polyclinic is Choa Chu Kang Polyclinic, which is less than 2km away. The official opening on Saturday was attended by Health Minister Ong Ye Kung as well as Bukit Panjang MP Liang Eng Hwa. Aside from clinical treatment of acute conditions and chronic disease management, Bukit Panjang Polyclinic will also provide dental care and women's and children's health services, as well as allied health services such as physiotherapy and psychology. Equipment deployed at the polyclinic include a wheelchair tilter and intra-oral X-ray imaging in the dental treatment room. Patients in wheelchairs therefore do not need to be transferred from their wheelchairs to a sepa...

Wall Street bounces back as key data loom

NEW YORK (AFP) - US shares rebounded after a negative week, closing Monday's (Sept 13) session higher as investors await key economic data and a Federal Reserve meeting in coming days. Markets have been shaky of late amid signs the recovery has slowed, challenged by surging Covid-19 infection rates and signs of rising inflation, which could prompt the Fed to tighten monetary policy sooner. Investors also are monitoring debates in Congress, including a Democratic proposal to raise the corporate tax rate slashed in 2017 under then-president Donald Trump. But even with those concerns lingering, the Dow Jones Industrial Average snapped a five-day losing streak, gaining 0.8 per cent to close at 34,869.63. The broad-based S&P 500 rose 0.2 per cent to finish at 4,468.73, but the tech-rich Nasdaq Composite Index retreated 0.1 per cent to 15,105.58. JJ Kinahan of TD Ameritrade noted that since corporate earnings season is largely over, "Now we're going into this strange period, where you kind of have a lack of numbers." In that "no man's land," he said, "the market is looking for anything to trade off." But into the void comes the latest report on consumer prices for August on Tuesday, foll...

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Construction firms’ efforts recognised at BCA’s inaugural Integrated Digital Delivery Awards

SINGAPORE - Building firms Ong&Ong and Woh Hup, as well as two projects, Paya Lebar Quarter and the Kallang Polyclinic and Long Term Care facility, have received top accolades at the inaugural Integrated Digital Delivery (IDD) Awards by the Building and Construction Authority (BCA) on Wednesday (Sept 8). The awards recognise those who have applied digital technologies across various stages of a building project to achieve increased productivity and resiliency. Awards are grouped into two categories - firm and project - and are given out in three tiers: platinum, gold plus and gold. Ong&Ong, which took home a platinum award, invested in a cloud-based solution that allowed its employees to work remotely. The firm also set up a digital technology department, which helped to drive digitalisation across its projects and conduct internal training programmes for staff. To further optimise its workflow, an in-house software development team was formed to develop building modelling tools and customisation capabilities. Mr Ashvinkumar Kantilal, group chief executive for architecture at Ong&Ong, said that since adopting more automation tools, tapping augmented and virtual reality solutions, a...

Malaysia’s Carsome eyes US IPO as it hits $1.75 billion valuation

SINGAPORE (REUTERS) - South-east Asian used-car marketplace Carsome Group said it has raised US$170 million (S$228.6 million) in a funding round from investors including Taiwanese chipmaker MediaTek, cementing its position as Malaysia's largest tech unicorn, valued at US$1.3 billion (S$1.75 billion). The valuation comes as South-east Asian start-ups are attracting strong interest from regional and global funds, driven by robust growth rates, as investors take bets on post-pandemic plays. "The most important thing we are trying to tackle is the distrust that's associated with the used-car industry," said Carsome's co-founder and chief executive, Eric Cheng, adding that consumers were becoming more open to buying cars online during lockdowns imposed in countries over the past year. Six-year-old Carsome's competitors include Singapore's Carro and Indonesia's OLX Auto, part of OLX Group, which runs global trading platforms. Mr Cheng said Carsome, which also operates in Indonesia, Thailand and Singapore, has been ramping up its retail centres and expanding its offerings, which include a five-day refund policy and a one-year warranty. Carsome is looking to almost treble its revenue to ne...

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NextPlay Technologies Enters into Agreement to Acquire Crypto Technology from Token IQ to Enhance Fintech and ICO Portal Offerings

SUNRISE, FL, Aug 25, 2021 - (ACN Newswire via SEAPRWire.com) - via NewMediaWire - NextPlay Technologies, Inc. (Nasdaq: NXTP), a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, has entered into a definitive agreement to acquire 100% of the assets of Token IQ, a leading innovator in digital asset management with its smart compliant token technology. Token IQ has many unique capabilities, but its greatest attributes are its ability to afford cryptocurrency owners a solution to replace their assets should they lose access to, or control of, their assets and its handling of "Know Your Customer" (KYC) issues -- solving many key regulatory requirements. NextPlay will not only look to license the IP, but also plans to integrate the service into its wholly owned Bank -- NextBank International to better serve its cryptocurrency customers.Mark Vange, CTO of NextPlay and founder and CEO of Token IQ, stated, "Token IQ was built upon the early recognition that many digital assets may in the future be treated as securities. I'm excited that we can now make Token IQ part of NextPlay, given the many synergies that have developed around digital asset manage...

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NextPlay Technologies Enters into Agreement to Acquire AI-Powered Video Game Development Technology from Fighter Base Publishing, Inc.

SUNRISE, FL, Aug 23, 2021 - (ACN Newswire via SEAPRWire.com) - via NewMediaWire - NextPlay Technologies, Inc. (Nasdaq: NXTP), a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, today announced it has entered into an agreement to acquire from Fighter Base Publishing, Inc. (FBP), the assets and AI-powered video game development platform of FBP's wholly-owned division, Make It Games(TM).Make It Games (MIG) enables developers to create video games powered by artificial intelligence (AI). Its technology supports the training of virtual characters to be more lifelike in appearance and behavior. Proprietary AI animation tools help program game or film characters to fully animate themselves, saving as much as 70 percent of the typical time and cost of animation.Fighter Base Publishing was founded by Mark Vange, NextPlay's recently appointed chief technology officer. Formerly a chief technology officer at Electronic Arts, Vange has authored over 41 granted patents in the US for innovative technologies that have defined the industry. This acquisition by NextPlay will include pending patents that cover Make it Games' proprietary AI game development te...

New heritage group seeks new lease of life for Singapore’s modern buildings

SINGAPORE - A new heritage non-profit is looking to shift Singapore's conservation focus towards modern buildings - many of which were designed by local architects and tell the story of the country's urban renewal in its early independence years. While about 7,200 buildings have been conserved here, many of them, including shophouses and black-and-white bungalows, were built during the colonial period, and are not representative of independent Singapore. 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.

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AHEAD to Support Decarbonization at Petroleum Refineries Through MCH Hydrogen Supply Chain from Brunei

TOKYO, Aug 10, 2021 - (JCN Newswire via SEAPRWire.com) - Chiyoda Corporation, Mitsubishi Corporation, Mitsui & Co., Ltd. and Nippon Yusen Kabushiki Kaisha (hereinafter "the partners") are pleased to announce that they have signed an agreement with ENEOS Corporation (ENEOS) to supply hydrogen produced in Brunei for use in the latter's refinery decarbonization trials. The hydrogen, which will be delivered via a saturated hydrocarbon called methylcyclohexane (MCH), will be supplied by the Advanced Hydrogen Energy Chain Association for Technology Development (AHEAD), an organization that was jointly established by the partners in July 2017.Hydrogenation plant in BruneiHydrogen has considerable potential as a clean energy. It emits no CO2 and can be used in power generation, mobility, and many other industries to play a key role in future efforts to decarbonize. Unfortunately, there are two rather significant technical hurdles that need to be cleared before a hydrogen society can be realized. One is developing a stable, large-scale, and long-distance supply network that is capable of linking suppliers and consumers in different parts of the world. The other is securing reliable, lon...

Singapore to start clinical trials for two Covid-19 vaccines that target Delta, among other variants

SINGAPORE - Local clinical trials will soon commence for two Covid-19 vaccines, developed by a United States-based company to target four variants of concern, including the Delta. The early-stage clinical trial, which has just received approval from the Health Sciences Authority, will evaluate the vaccines' safety and immune response against the Alpha, Beta, Gamma and Delta variants, and as possible booster shots for vaccinated people. The vaccines were developed by pharmaceutical firm Arcturus Therapeutics. The trial is looking to recruit healthy volunteers, both male and female, who are between 21 and 65 years old. It will be administered by SingHealth's Investigational Medicine Unit, which is led by Associate Professor Jenny Low. Prof Low, the unit's deputy clinical and scientific director, told The Straits Times: "The two new vaccines, ARCT-154 and ARCT-165 will be tested together with the original ARCT-021 vaccine, where we will compare all three vaccines against one another for their safety and antibody protection." The ARCT-021 vaccine, which was previously known as the Lunar-Cov19 vaccine, is still undergoing phase two of its clinical trials, which began earlier this year. ...

Singapore team finds drug cocktail effective against Covid-19 Delta variant

SINGAPORE - Researchers here have found a combination of drugs which can be used to treat Covid-19 patients with mild to moderate disease. The drug cocktail has also shown promising results in terms of effectiveness against the Beta and Delta variants of the virus. A team led by Professor Dean Ho, director of the National University of Singapore's Institute for Digital Medicine, had used an artificial intelligence (AI) platform and live virus testing to derive an optimal combination of drugs with the correct dosages to treat Covid-19. The team had collaborated with DSO National Laboratories to set up the platform last April. Prof Ho said drug dosing requires a level of precision that cannot be arbitrarily derived - an issue which AI seeks to address. The platform, named IDentif.AI, had identified antiviral drug remdesivir, together with lopinavir and ritonavir, which are drugs used to treat patients with human immunodeficiency virus (HIV). However, despite being effective, not all of the drugs were readily available or could be easily administered at home. For instance, remdesivir has to be administered via intravenous (IV) drip in hospitals, making it challenging to use in a commu...

Ninja Van ‘a year away’ from IPO: CEO

SINGAPORE (THE BUSINESS TIMES) - E-commerce logistics player Ninja Van may pursue an initial public offering (IPO) in the US as early as next year. Ninja Van chief executive Lai Chang Wen told the Financial Times (FT) on Sunday (July 25) that the start-up is "a year away" from an IPO. In response to queries from The Business Times on the matter, a Ninja Van spokesman would only say: "Our focus at this point is on growing the business at a sustainable rate. This will put us in a good position to take advantage of the financial opportunities at a suitable time in the future." In its report, FT cited two sources as saying that the company had approached advisers to start discussions on a listing, most likely in the US. One of the individuals also claimed that Ninja Van had passed a US$1 billion(S$1.36 billion) valuation following its US$279 million funding round last year. However, data platform VentureCap Insights shows that the Series C round had valued Ninja Van at US$779.8 million. Ninja Van declined to comment on its valuation. FT also reported that Ninja Van is "almost break-even" and targeting profitability next year, which the Ninja Van spokesperson confirmed. According to Ven...

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Central Global Continues with Proactive Business Sustainability Measures Despite Lockdown

KUALA LUMPUR, Jul 23, 2021 - (ACN Newswire via SEAPRWire.com) - Central Global Berhad ("Central Global" or "Group"), a producer of industrial masking tapes and label stocks as well as general building contractor, will continue to keep a tight rein on cashflow in order to ensure business sustainability following the government's decision to lengthen the extended movement control order ("EMCO") in certain areas of Kuala Muda, Kedah where the Group's factory is located by a further two weeks to 1 August 2021.Central Global executive chairman Dato' Faisal ZelmanCentral Global's factory, which produces masking tapes and label stocks, has been closed since 5th July 2021 given its location in Kuala Muda which is currently under the EMCO. The factory employs almost entirely locals, with several among the 170 employees having been with the Group for more than four decades.Central Global executive chairman Dato' Faisal Zelman said: "We have always been cautious about the outlook for this year given the uncertainties of further COVID-19 outbreaks and while we will continue to tap into opportunities arising from a more fragmented regional competition landscape and the sporadic local supply-cha...

Australia’s Star scraps $12 billion merger plan with Crown Resorts

SYDNEY (REUTERS) - Star Entertainment Group said it has withdrawn its all-stock proposed takeover of larger rival Crown Resorts, valued at A$9 billion (S$9 billion), on Friday (July 23) over worries Crown may lose its licence to run its Melbourne casino. Australia's No.2 casino operator said it still believes in the benefits of a deal, but was worried issues raised at an inquiry looking into Crown's Melbourne casino could impact the embattled company's value. Crown said in a statement it remains willing to engage with Star, and will continue to consider any proposal it receives. An ongoing inquiry was told on Tuesday that Crown should be stripped off its gambling licence for the Melbourne resort, whose casino generates about three quarters of the company's profit, due to insufficient efforts to reform its culture. Star's decision removes a lifeline for Crown which has been trying to convince regulators it can rebuild its culture after an earlier inquiry in February found it allowed money laundering on its premises for years and declared the company unfit to open a just-built casino in Sydney. That inquiry, along with venue closures due to Covid-19 lockdowns, sent Crown's shares low...