by | Dec 19, 2024 | Business
UEM Edgenta Berhad (UEM
Edgenta), a leading asset management and infrastructure solutions company in
the region, has had its Islamic Medium-Term Notes (IMTN) under its RM1.0
billion Sukuk Murabahah Programme, with the outstanding
Sukuk standing at RM250.0 million, upgraded to AAIS from AA-IS by MARC
Ratings Berhad (MARC Ratings) for the first time since the rating was
first assigned in 2017. This upgrade
highlights UEM Edgenta’s strong financial position, consistent business growth,
and exceptional operational capabilities across its core segments, including
Healthcare Support Services, Property and Facility Management, Infrastructure
Services and Asset Consultancy.
In its announcement,
MARC Ratings highlighted UEM Edgenta’s sustained ability to generate consistent
cash flows, underpinned by its diversified revenue base and long-term
contracts. For the first nine months of 2024 (9M2024), newly secured contracts
continued to grow, reaching RM2.3 billion (2023: RM2.0 billion), with
healthcare solutions contributing 80%. This includes RM900 million worth of
contracts for Healthcare Support Services in Singapore, spanning a period of
five (5) years.
In infrastructure
services, carried out by wholly-owned subsidiary Edgenta PROPEL Berhad, the
group benefits from a long-term master maintenance services contract with Projek
Lebuhraya Usahasama Berhad (PLUS) for highway maintenance. This contract
ensures a stable income stream through 2038. Additionally, the group’s
acquisition of a 60% equity stake in United Arab Emirates–based Kaizen Group, a
property management company, for RM74.9 million in February 2024, further
expands its property and facility solutions portfolio.
MARC Ratings highlighted
the Company’s improved credit metrics and effective cost management
initiatives, which have contributed to its enhanced risk profile and financial
resilience. The rating agency also acknowledged prudent financial management,
which has bolstered UEM Edgenta’s liquidity position and debt servicing
capacity. For 9M2024, revenue increased by 7.6% y-o-y to RM2.2 billion and
pre-tax profit rose by 5.1% to RM65.6 million. Operating margins have remained
at around 3%, and the group is undertaking initiatives to strengthen the
profitability margin by streamlining operations and leveraging technology to
enhance efficiency. The margin improvements are expected to allay concerns over
the impact from the minimum monthly wage revision to RM1,700 from RM1,500
effective February 2025.
Commenting on the rating
upgrade, Syahrunizam Samsudin, Managing Director/Chief Executive Officer of UEM
Edgenta, said: “This recognition by MARC Ratings highlights the strength of our
strategic direction and unwavering commitment to delivering value to our
stakeholders. The AAIS
rating reflects UEM Edgenta’s robust financial standing and superior ability to
meet its financial obligations, reinforcing our reputation as a trusted leader
in the asset management and infrastructure solutions sector. It is a testament
to the confidence our clients and partners place in us. Moving forward, we will
continue to harness our expertise to drive sustainable growth and deliver
impactful, innovative solutions across the markets we serve.”
UEM Edgenta’s RM1.0
billion Sukuk Murabahah Programme has been a cornerstone in supporting its
strategic growth initiatives, including investments in technology-driven
innovations and sustainability-focused projects. This latest rating upgrade
enhances the programme’s appeal, positioning it as an attractive opportunity
for investors seeking stable, high-quality investments.
For further information on UEM Edgenta, log on to https://www.uemedgenta.com.
by | Dec 19, 2024 | Business
Asuene Inc. and its subsidiary, Asuene APAC, have been selected for the Japanese Ministry of Economy, Trade, and Industry’s (METI) FY2023 supplementary “Grant for The Global South Future-Oriented Co-Creation Project.”
This initiative aligns with one of AZEC’s (Asia Zero Emissions Community) “10-Year Action Plans”: improving industrial competitiveness through greenhouse gas (GHG) emissions visibility across entire supply chains. Through this program, we will implement a demonstration project to assess GHG emissions and evaluate/manage ESG data via supply chain integration in key APAC nations: India, Thailand, Malaysia, Indonesia, the Philippines, Vietnam, and Singapore.
Background of the Demonstration Project
Achieving net-zero by 2050 requires urgent, global measures to tackle climate change, including GHG reductions. Amid rising implementation of carbon taxes and mandatory disclosure requirements for corporate CO2 emissions, these trends are accelerating rapidly across APAC.
APAC holds a central position in global supply chains, especially in manufacturing. However, key challenges include insufficient regulatory readiness and underdeveloped data collection infrastructures to address GHG emissions effectively. For Japanese corporations operating locally, robust solutions to manage stricter carbon taxes and environmental regulations are in high demand.
As a climate tech leader, Asuene specializes in decarbonization and ESG services. Our climate cloud platforms, “ASUENE” for CO2 emissions tracking and reduction, and “ASUENE ESG” for ESG evaluation and management, support businesses worldwide. “ASUENE” provides end-to-end solutions in emissions calculation (Scope 1–3), carbon footprint assessment, reduction, offsetting, environmental data management, and reporting, all in compliance with the GHG Protocol. Similarly, “ASUENE ESG” allows supply chains to enhance their ESG management and transparency.
With over 25,000 clients globally, including APAC firms, our tools facilitate sustainable corporate governance under a unified platform. Asuene APAC, established in Singapore in November 2022, has further driven service expansion and partnerships, enabling growth in APAC manufacturing, a region pivotal to achieving net-zero and industry-standard adoption globally.
Given these developments, Asuene Inc. and Asuene APAC have been awarded METI’s “Grant for The Global South Future-Oriented Co-Creation Project.”
Our Commitment
With this grant, Asuene and Asuene APAC aim to serve APAC manufacturing and construction industries—key players facing rising demands for GHG reduction and sustainable supply chains. We will deliver systems that enable effective data collection, evaluation, and management of GHG emissions and ESG-related factors. By tailoring solutions through localized research and system optimization, we will address regulatory and operational challenges unique to each country. This initiative will help resolve GHG assessment and supply chain management issues while driving decarbonization and ESG-oriented management.
This project also supports AZEC’s overarching action plan for GHG visualization and industrial competitiveness improvement through supply chain transparency. In collaboration with AZEC, we aim to expand markets that reward CO2 reduction efforts, helping businesses with APAC operations build sustainable supply chains and enhance their competitive edge in decarbonization and ESG governance.
By doing so, Asuene contributes to both strengthening regional industrial competitiveness and global net-zero realization.
Overview of the “Grant for The Global South Future-Oriented Co-Creation Project”
This program addresses critical socio-economic challenges in Global South regions, including industrial vulnerabilities, healthcare, disaster management, and food security. It leverages digital and emerging technologies to deliver autonomous, swift, and innovative solutions.
By fostering collaborative business models between Japanese and local businesses, the program supports industrial development and societal advancement. This initiative aims to strengthen Japanese industries through technology transfer, innovation creation, and resilient supply chains, ultimately laying a foundation for sustainable business ecosystems beyond mere financial returns.
The Global South Future-Oriented Co-Creation Project: https://gs-hojo-web.jp/
by | Dec 19, 2024 | Business
Kuala Lumpur, Malaysia – Gelly Wee Wedding Gown, renowned for its exquisite bridal collections, has launched its much-anticipated December Mystery Box Campaign. This festive season, brides-to-be who rent a wedding gown from Gelly Wee will receive incredible gifts and stand a chance to win lavish prizes, including round-trip flight tickets to dream destinations and luxury items.
In line with Gelly Wee’s commitment to pampering and delighting every bride, the December Mystery Box Campaign brings excitement and glamour to the wedding preparation process. From now until the end of December, every customer who books a wedding gown rental will receive a Mystery Box containing delightful surprises.
Kuala Lumpur, Malaysia – Gelly Wee Wedding Gown, renowned for its exquisite bridal collections, has launched its much-anticipated December Mystery Box Campaign. This festive season, brides-to-be who rent a wedding gown from Gelly Wee will receive incredible gifts and stand a chance to win lavish prizes, including round-trip flight tickets to dream destinations and luxury items.
In line with Gelly Wee’s commitment to pampering and delighting every bride, the December Mystery Box Campaign brings excitement and glamour to the wedding preparation process. From now until the end of December, every customer who books a wedding gown rental will receive a Mystery Box containing delightful surprises.
Exclusive Prizes in the Mystery Box
Brides have the chance to win the following luxurious prizes:
Round-Trip Flight Tickets to breathtaking destinations such as Korea, Japan, Hong Kong, and Bali.
An exclusive Louis Vuitton Vivienne Doll.
A stunning Berta Ball Gown, known for its unparalleled elegance and craftsmanship.
Melix Hair Shampoo to keep your locks luscious and wedding-ready.
Numerous other thoughtful and elegant gifts designed to celebrate and spoil every bride.
December Delights Await You
“We’ve always believed that every bride deserves to feel special and celebrated,” said Gelly Wee, founder and creative director of Gelly Wee Wedding Gown. “With our December Mystery Box Campaign, we’re bringing an element of surprise, luxury, and joy to the wedding experience. There’s no better way to end the year than by giving our brides the chance to win amazing prizes while preparing for their big day.”
An Invitation to Unforgettable Moments
This December, Gelly Wee invites all brides-to-be to become their valued guests and experience an unparalleled level of care and excitement. Whether it’s the thrill of winning an international trip, the delight of receiving a luxury collectible, or simply enjoying the elegance of a Gelly Wee wedding gown, this campaign promises unforgettable memories.
Don’t miss this limited-time opportunity to be part of Gelly Wee’s most thrilling campaign yet. Appointments are filling fast, so book your gown now and claim your Mystery Box!
For more information and to make your reservation, visit Gelly Wee Wedding Gown’s official instagram.
by Ferry Bayu | Dec 19, 2024 | Business
ASUENE, a carbon accounting platform developed by ASUENE Inc., will begin offering a white label version of the service. PT Bank SMBC Indonesia TBK, a major bank operating in Indonesia and a consolidated subsidiary of the Sumitomo Mitsui Financial Group, has introduced the white-label version of ASUENE as the optimal tool to support the decarbonization and ESG management of local corporations, and has begun selling it to its corporate clients.
Background
Following the Japanese government’s declaration of carbon neutrality by 2050, companies are required to reduce CO2 emissions not only within their own operations but also across the entire supply chain, including their business partners.By March 2027, the SSBJ standards will be mandatory for companies with a market capitalization of over 3 trillion yen, further accelerating decarbonization efforts, particularly among large corporations.
ASUENE will promote the white label provision of its “ASUENE”, a carbon accounting platform. Companies using the white label service can customize the logo and set up their own domain, enabling them to support the decarbonization and ESG management of their supply chain and affiliated companies using “ASUENE”.
In November 2024, as part of this initiative, ASUENE formed a business partnership with SMBC Indonesia, and will support the provision of the white label “ASUENE” to SMBC Indonesia’s customer base, which includes over 300 listed and major companies in their investment and financing portfolio.
Features
Asuene will not only collaborate with financial institutions but also work with companies across domestic and international supply chains, including those in the manufacturing sector.
Through expanded collaborations across industries, we will leverage the expertise of“ASUENE”, a carbon accounting platform with the No. 1 implementation track record in Asia, to support companies in their decarbonization management efforts.And we will contribute to the realization of a carbon-neutral society on a global scale, both domestically and internationally.
by | Dec 18, 2024 | Business
The Aliw Awards 2024 (held on December 18, 2024) at the luxurious Manila Hotel was a spectacular evening celebrating artistic and creative excellence. This event brought together a remarkable lineup of performers, creators, and notable personalities from the entertainment industry. Among the night’s highlights was the attendance of Kwento Co and Boost Gio. They made a significant mark (because of) their dynamic presence and impactful contributions. However, the atmosphere was electric and the excitement was palpable. Although many talented individuals were present, the night truly belonged to those two.
A Night of Excellence at Aliw Awards 2024
The Aliw Awards have been seen as one of the most important events that celebrate Filipino talent for a long time. The 2024 edition of the awards ceremony was no different, providing a stage to honor amazing achievements in performing arts, entertainment,t, and innovation. It took place at the historic Manila Hotel, where the grandeur of the venue added a touch of timeless elegance to the night. Attendees enjoyed unforgettable performances, heartfelt speeches, and a gathering of some of the brightest minds in the industry. (Kwento Co and Boost Gio) were among the notable guests who walked the red carpet, showing off sophistication and excellence. Their involvement in the Aliw Awards 2024 not only showed their ongoing commitment to supporting Filipino creativity, but, it also emphasized their role as leaders in their fields. Kwento Co and Boost Gio: Celebrating Creativity and Innovation. Kwento Co’s Contribution to Storytelling and Community Impact is significant because of its dedication to the arts.
Kwento Co has made a name for itself as a major player in modern storytelling (1) by creating narratives that really connect with audiences. Their fresh way of sharing stories and uplifting voices in the Filipino community has truly set them apart from others in the industry. At the Aliw Awards 2024, their strong presence showed just how dedicated they are to encouraging creativity and highlighting important narratives. They inspire local creators and shine a light on underrepresented voices. Kwento Co plays a crucial role in shaping today’s Filipino media. Their work connects generations and reminds people of the importance of storytelling in keeping heritage alive, sparking imagination and building connections.
Boost Gio: Pioneering Progress and Transformation. Boost Gio, recognized for its innovative contributions to creative and entrepreneurial fields, has kept raising the bar for what’s possible. At the Aliw Awards, Boost Gio’s focus on empowering artists, creators and businesses was front and center (2). Their presence at the event highlighted the need for collaboration and growth in the creative industry. However, there is still much work to be done. Although they have made significant strides, the journey of creativity is ongoing. This is because the landscape continues to change and new challenges always arise.
Boost Gio has always given platforms, tools and chances for aspiring talents to flourish. By linking people (individuals), providing strategic support and embracing new technologies, Boost Gio has strengthened its reputation as a leader in transformation. However, this progress isn’t just about technology; it also involves nurturing connections. Although many companies claim to support talent, Boost Gio stands out because of its genuine commitment to helping others succeed.
The Manila Hotel: A Venue Fit for the Stars
Hosting the Aliw Awards 2024 at The Manila Hotel brought together heritage and modernity in a stunning display. Known for its rich history and grandeur, the hotel served as the perfect backdrop for a night celebrating Filipino talent. The meticulously designed red carpet, illuminated ballrooms and dazzling light displays added an air of majesty to the event. Guests (including Kwento Co, Boost Gio and other renowned personalities) graced the red carpet with elegance and poise. The ambiance was electric, as nominees, performers and industry icons gathered under one roof to celebrate outstanding achievements.
Highlight Moments: Red Carpet Appearances and Stellar Performances. The Aliw Awards 2024 was not only a platform for recognition; it was also a celebration of art in its purest form. Among the most talked-about moments were the dazzling red carpet appearances, where individuals like Kwento Co and Boost Gio showcased their influence and style. Throughout the evening, the audience witnessed award presentations to recognize outstanding performances in live entertainment, film and music. However, the true essence of the night was captured in the connections made and the joy shared. Although it was a formal event, the warmth of Filipino culture shone through, creating an unforgettable experience.
The performances from celebrated Filipino artists were breathtaking, bringing the audience to their feet. Heartfelt acceptance speeches highlighted the perseverance, passion and dedication of the nominees. Kwento Co and Boost Gio’s engagement during the event showcased their ongoing support for the creative industry (and their belief in recognizing Filipino excellence). Looking Ahead: The Future of Filipino Talent and Creativity is bright. The Aliw Awards 2024 served as a reminder of the incredible talent within the Filipino entertainment industry. With organizations like Kwento Co and Boost Gio leading the way, the future looks promising for artists, performers and storytellers alike. Their participation in such significant events amplifies the importance of collaboration, community-building and innovation (however, this is not always easy). Kwento Co continues to pave the way for creators to share their stories, but Boost Gio remains committed to supporting and empowering talent across industries. Their unwavering commitment to excellence and progress ensures that the legacy of Filipino artistry will continue to inspire generations to come, although challenges still exist.
A Night to Remember at Aliw Awards 2024 The Aliw Awards 2024 proved to be a major success, gathering visionaries, innovators, and artists to honor Filipino excellence. The presence of Kwento Co and Boost Gio brought prestige and inspiration to the event (this) reinforced their status as key players in creativity and progress within the industry. As the curtains (finally) close on this unforgettable evening, the focus stays on the future of Filipino art and storytelling. With Kwento Co and Boost Gio leading the way, the journey toward creativity, innovation, and empowerment goes on. However, many people wonder what the next steps will be.
by Penny Angeles-Tan | Dec 18, 2024 | Lifestyle
This holiday season, The Manila Hotel invites guests to enjoy a festive experience that combines cherished traditions with a modern touch. This year, the hotel offers a delightful array of holiday packages designed to spread joy and create lasting memories.
Café Ilang-Ilang’s Festive Buffet
Celebrate the season with an indulgent international buffet at Café Ilang-Ilang. Whether you’re dining on Christmas Eve, Christmas Day, New Year’s Eve, or New Year’s Day, you can enjoy a culinary experience that truly captures the festive spirit. Prices start at PHP 5,000 net per person for lunch or dinner buffets.
Chic Celebration at the Champagne Room
Experience the joy of the holidays with an exquisite culinary journey. Enjoy a special lunch and dinner set menu on December 24 and 25, 2025, for PHP 5,500 net per person. Choose from an enticing selection of main courses, including oven-roasted Gindara Fillet, Grilled U.S. Beef Tenderloin, or Sous Vide Turkey Breast in Truffle Cream.
On New Year’s Eve, indulge in a lavish dinner buffet priced at PHP 7,850 net per person. Then, on January 1, 2025, celebrate the New Year with a luxurious set menu available for PHP 6,000 net per person, featuring main course options such as Oven Roasted Sea Bass, Roast Lamb Rack in Herb Crumble, Grilled Angus Rib Eye, or Grilled Kurobuta Pork Cutlet.
Guests are invited to embark on a culinary journey through the rich flavors of traditional Chinese cuisine at Red Jade. This holiday offering features a sumptuous set menu, perfect for sharing with family and friends. The festive menus are available for lunch and dinner on December 24, 25, and 31, 2024, as well as January 1, 2025. Each menu is priced at PHP 3,888 net per person, with a minimum of four diners required per table.
Delicatessen Holiday Treats
The Delicatessen offers a delightful selection of festive treats, including wreath-shaped macarons, fruitcakes, stollen bread, pralines, and Santa Claus-themed chocolates. These goodies are perfect for gifting or personal indulgence, adding a touch of sweetness to the holiday season. They will be available until January 5, 2025.
Festive Merrymaking at Tap Room and Lobby Lounge
Say goodbye to the old year and welcome the new one with a Tapas Buffet and Beer celebration! Guests can indulge in unlimited tapas paired with two glasses of local beers or non-alcoholic beverages for PHP 3,550 net per person. The tapas selection includes a variety of options such as assorted cold cuts, cocktail sausages, a cheese board, ceviche shooters, Italian mortadella sliders, Spanish croquetas with jamón, Swedish meatballs in mushroom sauce, and crema catalana, among others. Join us at the Tap Room on December 31, 2024, from 7:00 PM to 11:00 PM.
Special Festive Menu at Lobby Lounge
From December 1, 2024, to January 6, 2025, excluding New Year’s Eve, the Lobby Lounge will introduce a special festive menu. This menu features a variety of holiday-inspired à la carte dishes, including Turkey Fricassee in Mushroom Cream Sauce, Smoked Ham with Turkey Breast and Edam Cheese, Filipino-style Christmas Ham, and Gingerbread Blondie Cookies. Available daily from 11:00 AM to 11:00 PM, this menu offers something for everyone and serves as an ideal setting for gatherings with family, friends, or colleagues.
Raise a toast to the holidays with specialty drinks crafted to evoke the spirit of the season. Enjoy the following offerings:
- Lotus Biscoff Frappe: A creamy blend of spiced Lotus Biscoff and smooth frappe.
- White Chocolate Mocha: Perfect for those seeking something sweet and luxurious.
- Frozen Spiced Chai: A creamy, spiced brew with gentle vanilla notes.
- Christmas S’mores Cocktail: A delightful mix of chocolatey marshmallow flavors reminiscent of campfire memories.
These holiday beverages are available at the Tap Room, Lobby Lounge, and Pool Bar until January 31, 2025, priced at PHP320 each.
For a more intimate celebration, The Manila Hotel’s In-Room Dining service offers specially curated holiday menus available from December 20, 2024, to January 2, 2025, from 6:00 PM to 9:00 PM.
For PHP 2,650 net, guests can choose between two delicious options: one menu features all-time favorites like Roast Turkey and Pork Barbecue Ribs, while the other includes Filipino staples such as Chicken Inasal and Lechon Baboy. Each order serves two persons.
Experience the excitement of live entertainment, a stunning atmosphere, and festive decorations that create the perfect setting for an unforgettable New Year’s Eve celebration.
The Manila Hotel’s countdown party at the Grand Lobby promises an evening filled with vibrant performances by local artists and the cherished company of friends and family as guests welcome 2025 in style.
For inquiries and reservations, please call +632 8527 0011 or +632 5301 5500, local extensions 1261-1264, or email us at re************@************el.com. For more information, visit www.manila-hotel.com.ph.
The Manila Hotel steeped in a rich history since 1912, is located beside kilometer zero (0), where the City of Manila begins, and is within walking distance from the Philippines’ known landmarks: Rizal Park, Intramuros, and National Museums.
Defined by its history, elegance, and world-class service, The Manila Hotel is the choice hotel for the most distinguished clientele. Since 1912, The Manila Hotel has continuously provided the best services and amenities for a truly memorable experience. It has more than 500 well-appointed rooms and 22 function rooms, including three (3) ballrooms.
Apart from these, the hotel offers five-star relaxation and wellness experiences with the Manila Hotel Spa, adult and children’s pools, and the Manila Hotel Health Club. The hotel is home to the Heritage Museum, a treasure trove of priceless memories that narrate its illustrious past. It also has an Art Gallery that offers a window into a contemporary world, captured through the objective point of view of different artists.
It has six (6) dining outlets, each offering a unique culinary adventure: Café Ilang-Ilang, which is a favorite spot for its extensive selection of International buffet delights; Champagne Room with its Old European style fine dining and also hailed as the most romantic room in Manila—it features European cuisine in a posh, fine-dining setting; Tap Room, an Old English pub-inspired outlet where one can enjoy an evening of live music; Lobby Lounge which is ideal for casual dining, aperitif, post-dinner nightcaps, or leisure meetings; Red Jade, a fine dining restaurant that serves authentic Chinese cuisine; and Delicatessen that offers the hotel’s signature pastries, bread, chocolates, and pralines.
by | Dec 18, 2024 | Business
Kuala Lumpur, Malaysia – In the bustling heart of Sri Hartamas, Savor is setting a new benchmark as the best vegetarian restaurant in KL, specializing in plant-based foods. By offering a revolutionary experience that combines gourmet flavors, health-focused meals, and wellness initiatives, Savor aims to redefine healthy dining in the city while empowering individuals to embrace healthier lifestyle choices.
With plant-based eating gaining momentum globally, Savor stands out as the best vegetarian restaurant in KL, specializing in plant-based foods. By curating a menu that celebrates the richness of plant-based ingredients and aligning it with expert-led health initiatives like Savor Talks & Savor Masterclass, Savor is redefining healthy dining in Kuala Lumpur’s culinary scene.
The Plant-Based Revolution in Kuala Lumpur
With plant-based eating gaining momentum globally, Savor brings this lifestyle closer to home. By curating a menu that celebrates the richness of plant-based ingredients and aligning it with expert-led health initiatives like Savor Talks & Savor Masterclass, Savor is redefining healthy dining in Kuala Lumpur’s culinary scene.
“Savor was born from the belief that food is not just nourishment but a pathway to wellness,” says David Ng, Co-founder of Savor. “We want to make plant-based dining approachable, flavorful, and beneficial for everyone, whether you’re vegan or simply looking to embrace healthier options.”
What Makes Savor Unique?
Health-First Approach: Savor’s 10-Day Total Transform Program, designed with medical professionals and nutritionists, empowers individuals to adopt healthier lifestyles. Each plan includes personalized meal options, blood tests, and consultations to ensure tailored results.
Health-First Approach: In addition to its menu, Savor introduces Savor Masterclass, a platform to educate and inspire the community about the profound impact of plant-based eating on health and well-being. Led by experts in nutrition, these engaging sessions cover topics such as reversing lifestyle diseases, improving energy levels, and achieving sustainable wellness through food.
Gourmet Plant-Based Cuisine: From vibrant starters to hearty mains and indulgent desserts, every dish at Savor reflects the team’s dedication to flavor and creativity. The menu is a celebration of local and international cuisines, reimagined through a plant-based lens.
Addressing Lifestyle Challenges
In today’s fast-paced world, adopting a healthier lifestyle can seem daunting. Savor tackles this head-on by making it simple and delicious. Whether through their meal plans, on-site dining, or Savor Talks, Savor’s offerings are designed to fit seamlessly into busy schedules while delivering lasting benefits.
A satisfied customer shared: “Savor’s 10-day challenge completely changed how I view food. Not only did I feel more energetic, but I also learned how plant-based meals can be delicious and satisfying!”
Why Now?
The rise of lifestyle diseases has made people more conscious of what they consume. Savor’s approach isn’t just about eating better—it’s about living better. By integrating plant-based meals into everyday life and offering resources like Savor Talks, Savor Masterclass and Savor 10-Day Total Transform program, Savor empowers individuals to make informed, impactful choices for their health.
Visit Savor Today
Savor invites food lovers and health enthusiasts alike to explore its offerings. Located at 38G, Jalan 28/70A, Desa Sri Hartamas, Savor is open for dine-in, takeaway, and reservations.
To book your table or learn more about their health programs, visit www.savoroflife.com. Follow Savor on social media (Instagram, Facebook, Tiktok) for updates, recipes, and tips on living a healthier, plant-based lifestyle.
by Penny Angeles-Tan | Dec 18, 2024 | Business
Discover the top 7 AI agents in crypto to watch in 2025. Learn how autonomous AI systems are revolutionizing blockchain technology, reshaping industries with innovative solutions, and driving efficiency, transparency, and decentralized economies. Explore real-world applications, challenges, and the future of AI in the crypto space.
Integrating artificial intelligence (AI) and blockchain technology is ushering in a new digital transformation era, reshaping industries through innovative and autonomous solutions. AI agents are at the center of this convergence—autonomous digital entities designed to perform tasks, make decisions, and execute transactions independently.
When these AI agents leverage blockchain’s decentralized, secure infrastructure, they deliver unparalleled transparency, efficiency, and adaptability.
This synergy is revolutionizing fields such as finance, supply chain management, and decentralized economies.
What Are AI Agents in Crypto?
AI agents in the cryptocurrency ecosystem are AI-powered systems designed to perform specific tasks autonomously within blockchain environments.
Utilizing large language models (LLMs) and machine learning (ML) algorithms, these agents analyze data, make decisions, and execute actions with minimal or no human intervention.
Unlike deterministic bots, which follow rigid, pre-defined rules, AI agents are probabilistic, adapting to patterns and trends for more intelligent, nuanced actions.
How AI Agents Operate
The functionality of AI agents in blockchain can be distilled into four key steps:
1. Information Gathering: AI agents continuously collect data, such as token prices, news, and social media activity, often leveraging APIs, blockchain nodes, and oracles for real-time and historical data.
2. Learning and Analyzing: This data feeds into AI/ML models, such as Long Short-Term Memory (LSTM) networks or reinforcement learning systems, to uncover patterns and make predictions.
3. Decision Making: Based on the analysis, the AI agent determines the optimal course of action.
4. Taking Action: Using blockchain interaction layers, the agent executes transactions, interacts with smart contracts, or performs other tasks autonomously.
Core Architecture of AI Agents
AI agents operate through three primary components:
1. Data Input Layer: Collects blockchain and off-chain data via APIs and oracles like Chainlink.
2. AI/ML Layer: Houses trained models for predictive analytics, decision-making, and pattern recognition.
3. Blockchain Interaction Layer: Interfaces with smart contracts and ensures secure transaction execution via tools like Web3.js and Ethers.js.
AI Agents as Key Opinion Leaders (KOLs)
AI agents are emerging as influential Key Opinion Leaders in the crypto world, surpassing human efficiency and objectivity. Unlike human KOLs, who may exhibit biases or hidden affiliations, AI agents rely on transparent, auditable on-chain data.
Their ability to operate 24/7 and engage with global audiences without fatigue makes them invaluable for real-time analysis, market predictions, and personalized user interactions.
The Synergy of AI Agents and Blockchain
Blockchain technology provides the ideal infrastructure for AI agents to operate securely and autonomously. Key benefits include:
1. Transparency: Blockchain’s immutable ledger ensures all transactions and decisions by AI agents are auditable.
2. Efficiency: Smart contracts enable seamless execution of predefined actions, optimizing workflows in areas like payments and supply chain management.
3. Decentralized Economies: Networks of AI agents can trade services, manage resources, and interact autonomously within blockchain ecosystems.
4. Enhanced Adaptability: AI agents continuously improve through predictive analytics and real-time monitoring, driving decision-making in Decentralized Autonomous Organizations (DAOs).
Real-World Applications and Projects
Several projects exemplify the transformative potential of AI agents in blockchain:
1. Virtuals (VIRTUAL)
Virtuals Protocol develops AI agents for gaming and entertainment. These agents operate autonomously across multiple platforms, engaging in tasks like gaming interactions and virtual influencing. The platform’s tokenization model allows for the co-ownership of AI agents, creating new revenue streams and fostering user engagement.
2. Ai16z (AI16Z)
Inspired by venture capitalist Marc Andreessen, Ai16z is an AI-driven DAO focused on asset management. Built on the Eliza framework, Ai16z utilizes autonomous agents for investment decisions, addressing inefficiencies in traditional DAO governance and advancing decentralized AI development.
3. Zerebro (ZEREBRO)
Zerebro specializes in creative content generation, including music, memes, and NFTs. It employs retrieval-augmented generation systems for dynamic interactions, showcasing the versatility of AI agents in content creation and decentralized ecosystems.
4. AIxbt (AIXBT)
AIxbt is a market intelligence platform that automates crypto trend analysis. By aggregating data from multiple sources, it delivers real-time insights for high-momentum plays, emphasizing the role of AI agents in market predictions.
5. Clanker (CLANKER)
Clanker simplifies token deployment on the Base blockchain, enabling users to create tokens with ease. Its fee-sharing model incentivizes user participation, highlighting AI’s potential in democratizing blockchain activities.
6. Act I: The AI Prophecy (ACT)
Act I integrates AI and blockchain to optimize smart contracts, predictive analytics, and decentralized marketplaces. Its self-learning blockchain adapts over time, offering unmatched scalability and efficiency.
7. GOAT
The GOAT Truth Terminal refers to a fascinating experiment in the intersection of artificial intelligence, blockchain technology, and meme culture. It is an AI agent that gained notoriety for its unique origin and influence in the crypto ecosystem, specifically its association with the meme coin GOAT (Goatseus Maximus).
In July 2024, Marc Andreessen, a prominent venture capitalist and co-founder of a16z, noticed Truth Terminal’s posts. Intrigued, he offered financial support by sending $50,000 in Bitcoin to the AI agent.
In October 2024, inspired by Truth Terminal’s success, an anonymous developer launched a meme coin called GOAT (Goatseus Maximus) on the Solana blockchain.
Challenges and Ethical Considerations
While the integration of AI agents and blockchain presents immense opportunities, it also raises critical challenges:
1. Programming Quality: The reliability and effectiveness of AI agents depend on their programming and data integrity.
2. Ethical Governance: Decentralized architectures must ensure responsible AI development to prevent misuse.
3. User Risk: Reliance on AI agents for financial decisions can pose risks, emphasizing the need for user awareness and proper safeguards.
Conclusion: The Future of AI Agents in Blockchain
The fusion of AI and blockchain is set to redefine the digital landscape. As AI agents become primary users within blockchain networks, they will drive advancements in efficiency, transparency, and autonomy.
Token-based incentives will further propel their development, enabling decentralized AI economies and fostering responsible innovation.
In conclusion, the integration of AI agents and blockchain is more than a technological advancement; it is a paradigm shift with the potential to revolutionize industries, enhance user experiences, and shape the future of decentralized digital interactions.
by | Dec 18, 2024 | Business
Kuala Lumpur, Malaysia – December 18, 2024 – Nusantara Global Network, a leading business development and digital marketing agency, today announced a strategic partnership with FXGT broker. This collaboration is designed to advance access for traders in Southeast Asia to a range of the best trading tools and conditions, particularly in crypto CFD trading.
Through this partnership, Nusantara Global Network and FXGT will introduce the +10% Loyalty Crypto Booster initiative, where traders can enjoy bonus rewards of up to 35%. Traders will have the opportunity to receive an additional 10% bonus on their crypto deposits in Mini or Standard+ accounts when they qualify for the 25% Loyalty Bonus offered by FXGT.
“This collaboration marks an important step in helping traders in Southeast Asia access broader opportunities in the rapidly growing cryptocurrency market,” said Nusantara Global Network. “With FXGT as a globally reputable trading partner, we are confident that this partnership will greatly benefit traders seeking speed and efficiency in crypto trading execution.”
Interested on the above offer contact us now.
Enhancing Crypto Trading with Exclusive Bonuses
FXGT offers advantages such as the +10% Loyalty Crypto Booster, providing traders with extra incentives to boost their deposits with higher bonuses. For example, a $1,000 deposit will result in a 25% Loyalty Bonus of $250, followed by an additional 10% bonus worth $100, bringing the trader’s total credit to $1,350.
This initiative is also designed to ensure that traders continue receiving both the 25% bonus and the additional 10% bonus once they meet the conditions to reset the 25% Loyalty Bonus cap. This allows them to maximize their trading opportunities with increased leverage and enhanced credit.
“We are thrilled to partner with Nusantara Global Network to introduce this innovative product to our traders,” said a representative of FXGT. “Our goal is to provide our traders with the right tools and incentives to achieve success in the fast-growing cryptocurrency market. Through this collaboration, we are confident that we can enhance our customers’ trading experience in the region.”
About FXGT
FXGT is a global online broker offering access to a wide range of asset classes, including Forex, commodities, and crypto CFDs. Known for its high-quality customer service and user-friendly trading platform, FXGT remains committed to providing the best trading conditions to traders worldwide.
by | Dec 18, 2024 | Business
Indonesia’s beauty and personal care industry is rapidly growing, with skincare dominating the market, particularly facial moisturizers. In Q3 2024, the moisturizers market reached IDR 815.12 billion, driven by strong e-commerce performance, particularly on Shopee. Skintific leads the market, but its share is declining, creating opportunities for competitors like Glad2Glow and Wardah to strengthen their positions.
Jakarta, December 12, 2024 – Indonesia’s beauty and personal care (BPC) industry is undergoing a transformative shift, driven by tech-savvy Gen Z consumers who are open to innovative products, locally-produced offerings, and digital marketing strategies. Skincare dominates the market as the largest category, valued at approximately $2 billion USD and projected to grow at a 9.4% CAGR, according to Meiyume. This aligns with the ZAP Beauty Index 2024, which highlights that Indonesian women tend to spend more on skincare than on makeup.
In the e-commerce landscape, facial moisturizers lead the beauty group, capturing a 19.3% market share in Q3 2024, based on Magpie data. The press release will further explore the moisturizers category, analyzing its sales performance on top e-commerce platforms in Indonesia from July to September 2024.
Moisturizer Market Overview
According to data from Magpie E-commerce Intelligence, during Q3 2024 (July to September), the moisturizers market in Indonesia achieved a total market size of IDR 815.12 billion, reflecting a 27.8% growth compared to Q3 2023. A total of 14.9 million units were sold during this period, marking an 18.6% year-on-year increase. The Gross Merchandise Value (GMV) of the moisturizers market also demonstrated significant growth, rising 27.8% quarter-on-quarter (QoQ) and 38.29% compared to Q2 2024, indicating strong demand and performance within the category.
Market Share by E-commerce
A closer look at the e-commerce landscape reveals that Shopee firmly dominated the online moisturizers market, capturing a substantial 80.96% market share. Lazada followed with 11.48%, while Tokopedia secured 7.25%, and Blibli held a modest 0.31%.
Shopee maintained its strong dominance in the moisturizers market throughout the quarter. “However, a slight dip in its market share in September created opportunities for Lazada and Tokopedia to gain ground and expand their shares,” said Wilhendra, CEO of Magpie.
Moisturizer Market Share by Brand
The top five brands accounted for approximately 32% of the total moisturizers market, with Skintific leading at a 10.78% market share, followed by Glad2Glow (8.12%), Wardah (5.62%), MS Glow (4.04%), and The Originote (3.81%). The competitive landscape, crowded with diverse brands, highlights the importance of innovative product offerings and distinct brand positioning to differentiate and succeed in this saturated market.
Brand Performance Over Time
The intense competition in the moisturizers market during Q3 2024 was evident in the fluctuating performance of brands each month. “The market leader, Skintific, experienced a declining trend in its share, which allowed Glad2Glow and Wardah to strengthen their positions and expand their market shares,” Wilhendra stated.
Top Brands on E-commerce Platforms
Shopee, the largest platform driving moisturizers GMV, is primarily led by Skintific, which commands an 11.26% share and generates a total revenue of IDR 74.28 billion. Glad2Glow follows with a 7.50% share, while Wardah holds 4.96%, MS Glow 4.46%, and The Originote 3.89%.
A closer look at the month-on-month movement shows that Skintific’s share has been steadily declining, allowing Glad2Glow and Wardah to capitalize on the opportunity and strengthen their positions on Shopee.
On Lazada, Glad2Glow emerged as the dominant brand, capturing 15.79% of the moisturizers market share with a total revenue of IDR 14.77 billion, establishing a notable lead over its competitors.
In terms of month-on-month performance, Glad2Glow showed a notable increase in its market share in September, a trend also observed with other brands such as Pond’s and Olay. “These brands demonstrated similar growth patterns, reflecting a positive shift in their positions during the month,” Wilhendra added.
On Tokopedia, Wardah leads the market with a 14.11% share, generating a total revenue of IDR 8.35 billion. Skintific follows closely with an 11.82% share, while Kahf holds 8.87%, Make Over 6.87%, and Somethinc 4.58%.
Wardah has maintained stable performance on Tokopedia over the past few months, showing consistent market presence. In contrast, Somethinc faced a significant drop in its market share, declining from 7.8% in July to just 3.3% in August, indicating a notable shift in its position on the platform.
Top-Selling Moisturizer Products
Skintific leads the moisturizers category, primarily driven by the sales of its top product, the Skintific – 5X Ceramide Barrier Moisturizer Gel, which generated IDR 12.59 billion in revenue and sold 93.9K units. The second-best seller from Skintific, the Skintific – MSH Niacinamide Brightening Moisturizer Gel, sold 64K units and earned IDR 8.55 billion in sales. While both top products are moisturizer gels, the best-selling moisturizer cream in the category was Somethinc’s Calm Down! Skinpair R-Cover Cream.
Picture on Thumbnail by: cottonbro studio on pexels.com
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