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
by Penny Angeles-Tan | Dec 17, 2024 | Business
XRP hits a new all-time high as Ripple launches the RLUSD stablecoin, reshaping the $200B stablecoin market. Explore record-breaking crypto inflows, Bitcoin ETF momentum, and Ripple’s strategic moves driving XRP adoption in 2024-2025.
The digital asset investment market continues to shatter records in 2024, as inflows into cryptocurrencies reached unprecedented levels. Bolstered by surging investor interest, pro-crypto regulatory signals, and key ecosystem developments, Bitcoin, Ethereum, and XRP have dominated the spotlight.
Ripple’s new RLUSD stablecoin launch adds yet another dimension to the fast-growing crypto market, particularly in the stablecoin space.
Digital Asset Inflows Surge to $44.5 Billion in 2024
Digital asset investment products, including spot Bitcoin and Ethereum ETFs, witnessed inflows of $3.2 billion last week alone. This milestone brought year-to-date (YTD) inflows to a staggering $44.5 billion, quadrupling any previous annual records, according to CoinShares data.
The week’s $3.2 billion inflow represents the 10th consecutive week of positive flows into digital asset products. It follows a record-breaking $3.85 billion from the prior week, signaling robust investor confidence. Notably, Bitcoin accounted for $38.5 billion of the YTD inflows, representing 87% of total investments.
The launch of spot Bitcoin ETFs, coupled with Donald Trump’s recent electoral victory in the U.S., has reinvigorated institutional and retail interest in Bitcoin. Trump’s pro-crypto stance has set the stage for a potentially friendlier regulatory environment, spurring optimism across the crypto market.
Ethereum and Altcoin Inflows Gain Momentum
While Bitcoin dominated inflows, Ethereum and other altcoins saw notable activity last week. Ethereum investment products recorded $1 billion in inflows, lifting YTD totals to $4.4 billion. This surge comes despite Ethereum’s underperformance relative to other major cryptocurrencies.
Analysts believe the launch of federal cryptocurrency legislation could stimulate the development of decentralized applications (dApps) on Ethereum’s network, driving higher usage and demand.
Similarly, XRP investment products saw significant traction, drawing $145 million last week and pushing YTD inflows to $421 million. Butterfill attributed this momentum to growing speculation around a U.S.-listed XRP ETF and positive sentiment following Trump’s election victory.
Altcoins like XRP also benefited from ongoing advancements within their ecosystems, such as Ripple’s upcoming stablecoin launch.
Ripple’s RLUSD Stablecoin Set to Transform the Market
On December 17, Ripple will officially launch its RLUSD stablecoin, marking a major milestone in the $200 billion stablecoin market. RLUSD will initially be available on both the XRP Ledger (XRPL) and Ethereum networks, expanding its utility and accessibility.
Fully backed by U.S. dollar deposits, short-term U.S. government bonds, and cash equivalents, RLUSD is designed to maintain a 1:1 peg to the U.S. dollar.
Ripple CEO Brad Garlinghouse emphasized that the stablecoin received “final approval” from the New York Department of Financial Services (NYDFS), highlighting its regulatory clarity and trustworthiness.
RLUSD will be distributed through key exchange and platform partners, including Uphold, MoonPay, Bitso, Bullish, and Bitstamp, with additional listings planned in the coming weeks. While initially unavailable in the European Union due to regulatory hurdles under MiCAR, Ripple is actively exploring options to enter the bloc’s market.
XRP Price Outlook and Catalysts Driving Growth
Ripple’s RLUSD stablecoin launch has generated significant interest in XRP, which serves as the transaction fee token on the XRPL.
XRP’s price surged to a seven-year high of $2.90 on December 3, 2024, before entering a corrective phase. As of this article is written on December 17, XRP trades at $2.5727—an 7,29% pullback after tripling its value in the past six weeks.
The hype surrounding RLUSD, coupled with growing adoption, is expected to support XRP’s long-term price trajectory. Analysts, including Georgios Vlachos, co-founder of Axelar, predict that RLUSD adoption in emerging markets for transactions and savings will drive XRP demand throughout 2025.
From a technical perspective, XRP has formed a bullish flag pattern, indicating potential upside. Analysts project a target of $15—a 520% increase from current levels—as the market stabilizes and bullish sentiment grows.
Regulatory Shifts and Institutional Interest
Trump’s pro-crypto stance has created optimism for a favorable regulatory landscape in the U.S., particularly as Republican lawmakers take key positions. Crypto-friendly Rep. French Hill (R-AH) was recently appointed to lead the House Financial Services Committee, signaling a potential shift toward clearer regulations for digital assets.
Amid this changing environment, leading asset managers such as WisdomTree and 21Shares have filed applications for XRP ETFs, reflecting growing institutional interest.
While XRP spot ETFs remain unavailable in the U.S., international markets continue to see strong demand, accounting for 92% ($3.5 billion) of last week’s inflows.
Switzerland and Germany emerged as key contributors, with inflows of $159 million and $116 million, respectively.
RLUSD Volatility Concerns and Investor Guidance
Despite its dollar peg, RLUSD’s launch may experience short-term price volatility due to high demand and limited supply. Ripple CTO David Schwartz warned traders against speculation, cautioning against paying inflated prices driven by hype.
Instances of traders offering exorbitant amounts—up to $1,200 for a fraction of RLUSD—highlight the fervor surrounding its launch. Schwartz reassured investors that such anomalies are temporary, and the stablecoin’s price will settle close to $1.
Conclusion
As 2024 concludes, the digital asset market is witnessing historic inflows, driven by institutional demand, regulatory optimism, and major ecosystem advancements. Bitcoin continues to dominate the landscape, but Ethereum and XRP are emerging as key players amid developments like Ripple’s RLUSD stablecoin.
With RLUSD poised to disrupt the stablecoin market and broader adoption of XRP expected in 2025, Ripple’s strategic focus on regulatory compliance and innovation could further solidify its position.
As the crypto industry enters 2025, the combination of pro-crypto policies, growing institutional interest, and increasing utility sets the stage for sustained growth across digital assets.
by | Dec 17, 2024 | Business
Elwyn.ai, an AI-powered learning platform developed by Indonesian edtech company Primeskills, achieved runner-up status at the 2024 Asia Pacific ICT Alliance (APICTA) Awards in Brunei. This platform uses realistic role-playing simulations to enhance soft skills and interdepartmental communication for professionals and higher education students.
Bandar Seri Begawan, Brunei Darussalam – December 11, 2024 – Primeskills, a leading educational technology company from Indonesia, proudly announces the success of its flagship product, Elwyn.ai, in securing the runner-up position at the prestigious Asia Pacific ICT Alliance (APICTA) Awards 2024 in Brunei. This achievement solidifies Indonesia’s position as a key innovator in professional learning and higher education technology on a global scale.
Elwyn.ai, an AI-based learning platform, is revolutionizing the world of professional education and higher learning. By delivering realistic role-playing simulations, Elwyn.ai helps professionals and advanced students hone their soft skills and inter-departmental communication through scenarios that mirror real workplace situations.
“We are thrilled with this recognition at APICTA 2024,” stated William Irawan, CEO of Primeskills. “This achievement is not just a win for Primeskills, but also tangible proof that Indonesian learning technology can compete at an international level. We are committed to continuously driving innovation in professional education and higher learning, while showcasing the immense potential of Indonesian startups on the global stage.”
Elwyn.ai’s excellence lies in its seamless integration with various systems that have become industry standards across institutions and companies. The platform utilizes sophisticated AI algorithms trained on thousands of real-world scenario data, a result of Primeskills’ five years of experience in developing soft skills training modules for higher education institutions and leading companies.
APICTA itself is a prestigious event involving 16 member economies from the Asia-Pacific region. In 2023, the awards involved more than 250 nominations from 165 participating teams, representing countries such as Australia, China, Taiwan, Hong Kong, Brunei, Sri Lanka, Thailand, Indonesia, Malaysia, Myanmar, Pakistan, and Singapore.
The APICTA 2024 judges praised Elwyn.ai’s innovative approach in addressing challenges in the modern professional world. Higher education institutions and organizations that have adopted Elwyn.ai report significant improvements in aspects of communication, teamwork, and work readiness.
Elwyn.ai’s success at APICTA 2024 not only highlights Primeskills’ achievement but also illustrates the rapid development of the edtech ecosystem in Indonesia. This accomplishment further solidifies the position of Indonesian technology companies as key innovators actively shaping the future of higher education and professional development on a global level.
Looking ahead, Primeskills plans to expand Elwyn.ai’s reach to international markets, focusing on higher education institutions and multinational organizations. “We are in the process of forging partnerships with several leading universities and organizations to implement Elwyn.ai in various countries,” added William. “Our goal is to establish Elwyn.ai as a global standard in AI-based professional education and higher learning.”
For more information, visit www.primeskills.id
by | Dec 17, 2024 | Business
SECHA Home, based in Indonesia, is recognized for its innovative approach to delivering fully customized, move-in ready homes with affordable mortgage plans. This milestone highlights its global growth potential.
Jakarta,17 December 2024 – SECHA Home, a proptech redefining the homeownership experience in Indonesia, is incredibly honored to announce its inclusion in this year’s Select 200 Companies with Global Business Potential – DGEMS 2024, recognized by Forbes India and D Globalist.
This remarkable achievement marks a significant milestone in SECHA Home’s journey to transform the real estate landscape. The company’s mission to deliver fully customized, move-in ready homes—by seamlessly integrating design, renovation, and furnishing—into an affordable mortgage plan has gained tremendous momentum, earning international recognition and acclaim.
“We are thrilled to be globally recognized for our efforts,” said Josephine Petra Lovensa, Co-Founder/CEO. “This milestone reaffirms our vision to redefine homeownership in Indonesia and inspire innovation on a global scale. We’re deeply grateful to Forbes India and D Globalist for this honor and to our amazing key backers—Antler, Bonbillo, and Startupbootcamp—for their unwavering support and belief in us since Day Zero.”
A Celebration of Innovation and eXtrepreneurship
The recognition ceremony in Delhi was a momentous occasion, bringing together trailblazing innovators and visionaries from across the globe. The team celebrated alongside fellow eXtrepreneurs, sharing ideas and drawing inspiration from industry leaders tackling global challenges.
Secha Home: Transforming Homeownership
By integrating the traditionally fragmented processes of design, renovation, and furnishing, SECHA Home simplifies and accelerates the path to homeownership. Their innovative, tech-enabled model empowers homeowners by providing a single, streamlined solution—all packaged within a single, affordable mortgage plan.
Backed by leading accelerators and investors, SECHA Home is poised to scale its impact beyond Indonesia, addressing global housing needs with a solution that’s efficient, customer-focused, and future-ready.
by Penny Angeles-Tan | Dec 17, 2024 | Business
With Bitcoin reaching $107K, questions arise: Can BTC rival gold as the ultimate store of value? Explore market trends, Trump’s strategic reserve plans, and the 2024 investment landscape.
Since getting support from Donald Trump in the 2024 US Election and Trump’s victory, Bitcoin seems to have reached the peak of its glory in 2024. When the price of BTC often slumped in early and mid-2024, during November to the end of December, the price of BTC continued to set its highest price of all time.
Traditional economic relationships have been upended in 2024, as asset classes that historically moved in opposite directions—equities, gold, the U.S. dollar, and Bitcoin—have all rallied simultaneously.
Historically, higher interest rates result in a stronger U.S. dollar, falling gold prices, and stock market declines. However, 2024 has defied these expectations.
The S&P 500 surged 25% year-to-date (y-t-d), gold prices rose by 28%, the U.S. dollar index climbed 4.8%, and Bitcoin hit record highs, surpassing $100,000. In fact, in the past 24 hours yesterday and today, Bitcoin hit a new ATH at over $107,000.
Bitcoin: The New Digital Gold
Often called “digital gold,” Bitcoin shares key attributes with its physical counterpart—notably scarcity and decentralization. With a capped supply of 21 million coins, Bitcoin has become an attractive hedge against inflation.
Unlike traditional assets, its price is not easily manipulated by governments, making it resilient to political and monetary interference.
Two major events in 2024 solidified Bitcoin’s status as a legitimate asset class. First, the approval of Spot Bitcoin ETFs brought institutional players like BlackRock and Fidelity into the fold. Second, Donald Trump’s presidential victory marked a turning point in U.S. crypto policy.
Trump has openly supported cryptocurrencies, pledging to create a U.S. Bitcoin strategic reserve akin to the nation’s petroleum reserve.
Bitcoin’s unprecedented rally has reflected these developments. By early December, Bitcoin crossed $107,000, driven by institutional investment, regulatory advancements, and growing mainstream acceptance.
While gold offers stability, Bitcoin’s volatility and growth potential make it a compelling counterpart within a diversified portfolio.
Gold’s Resurgence: The Safe Haven Asset
While equities, driven by the success of the “Magnificent Seven” and the AI boom, have garnered significant attention, gold has quietly outperformed. Gold futures are up 28% y-t-d, surpassing the S&P 500’s gains.
Investors who remained open to diversifying into gold rather than focusing solely on equities have seen impressive returns.
Gold has long been regarded as a safe haven asset, offering stability in times of economic uncertainty. Its enduring appeal lies in its intrinsic value as both a financial instrument and a physical commodity with applications in jewelry, technology, and manufacturing.
Unlike fiat currencies or digital assets, gold’s scarcity ensures its role as a reliable store of value.
Recent discoveries, such as a significant gold deposit in China, have occasionally challenged perceptions of gold’s rarity. However, these findings have done little to diminish its global allure. Gold is also universally recognized and easily liquidated, making it practical during crises.
Nevertheless, gold’s stability comes at the cost of growth potential, a limitation that has paved the way for Bitcoin’s increasing popularity.
Balancing Gold and Bitcoin: A Dual Hedge Strategy
Gold and Bitcoin’s distinct qualities make them complementary investments. Gold provides stability, acting as a stabilizer during periods of volatility, while Bitcoin offers the potential for outsized returns. Together, they create a balanced hedge against economic uncertainty.
Morningstar research indicates that a 5% allocation to Bitcoin strikes the ideal balance between risk and reward. However, direct exposure to Bitcoin can pose risks, including exchange fraud, cybersecurity threats, and password management issues.
To mitigate these challenges, investors can turn to regulated avenues such as Spot Bitcoin ETFs, CME Bitcoin futures, and other U.S. Securities and Exchange Commission (SEC)-approved platforms. These options provide safer access to Bitcoin while maintaining transparency and oversight.
For additional information, you can see the screenshot above regarding BTC ownership in several countries. Bitcoin has penetrated many parts of the world and become an attractive investment asset with predictions of its increasingly rapid progress in the future.
Trump’s Strategic Bitcoin Reserve: A Policy Shift with Global Implications
President-elect Donald Trump’s support for a U.S. Bitcoin strategic reserve marks a seismic policy shift. During a recent interview, Trump reiterated his vision to build a national Bitcoin reserve, similar to the country’s strategic petroleum stockpile.
“We’re gonna do something great with crypto because we don’t want China or anybody else to be ahead,” Trump said.
Trump’s proposal echoes ideas previously raised by Republican Senator Cynthia Lummis, who suggested the U.S. should acquire 1 million Bitcoins over five years to reduce its $35 trillion national debt. Such a reserve would not only boost Bitcoin’s legitimacy but could also reshape global financial dynamics.
As Bitcoin’s price continues its upward trajectory, analysts like Perianne Boring predict it could eclipse gold’s $16 trillion market capitalization, with prices potentially reaching $800,000 per coin by next year.
Globally, other nations are also exploring cryptocurrency reserves. Russia, in response to sanctions, has embraced Bitcoin as an alternative asset. President Vladimir Putin praised Bitcoin’s independence from foreign interference, reinforcing its growing role in geopolitics.
However, skeptics, including Federal Reserve Chair Jerome Powell, caution against over-optimism. Powell has compared Bitcoin to gold but emphasized that any move toward a strategic reserve would require careful consideration and time to implement.
The Path Forward: Navigating the 2024 Investment Landscape
As 2024 continues to challenge traditional economic assumptions, investors must adopt a more flexible and forward-thinking approach. The simultaneous rally of equities, gold, the U.S. dollar, and Bitcoin signals a shift in market dynamics that requires fresh strategies.
Gold’s stability and Bitcoin’s growth potential make them indispensable tools for navigating uncertainty. Investors who embrace a dual allocation strategy—with gold acting as a stabilizer and Bitcoin as a high-growth asset—are better positioned to protect and grow their portfolios.
While the creation of a U.S. Bitcoin strategic reserve remains speculative, Trump’s commitment to supporting crypto innovation has provided a significant tailwind for Bitcoin’s rally. As nations around the world reconsider their approach to digital assets, the stage is set for Bitcoin to play a transformative role in global finance.
Conclusion: Embracing the New Economic Paradigm
The economic disruption of 2024 underscores the fragility of traditional market correlations. Gold’s resurgence, Bitcoin’s rise, and the broader market rally challenge established norms and highlight the importance of diversification.
By keeping an open mind and embracing innovative strategies, investors can navigate the uncertainty of 2024 with confidence, ensuring their portfolios remain resilient and positioned for growth in this new era.
by | Dec 17, 2024 | Business
Kuala Lumpur, Malaysia – December 17, 2024 – Nusantara Global Network, a leading business development and digital marketing agency, is excited to announce a strategic partnership with HF Markets, a globally respected broker. This collaboration aims to empower traders in Southeast Asia by providing access to advanced trading tools and competitive conditions for crypto CFDs.
Through this partnership, Nusantara Global Network will leverage HF Markets comprehensive platform, which offers state-of-the-art crypto trading solutions. This includes ultra-fast execution, leverage of up to 1:50 on selected cryptocurrencies, and the flexibility to trade 24/5. The focus of this collaboration is to expand trading opportunities and deliver premium services to clients in the region.
Empowering Crypto Traders with Advanced Tools
As the cryptocurrency trading market continues to grow rapidly, Nusantara Global Network and HF Markets are committed to providing traders with a platform that ensures fast and efficient execution. Traders will benefit from low spreads, negative balance protection, and the ability to profit from both rising and falling markets.
“This partnership is an exciting opportunity for us to extend our offerings to clients, especially in the fast-evolving world of crypto trading,” said a representative from Nusantara Global Network. “With HF Markets’ cutting-edge platform and expertise in the financial markets, we are confident that we can deliver a superior trading experience and give traders a competitive edge.”
The partnership is designed to support traders at all levels, offering leverage of up to 1:50 on selected cryptocurrencies, enabling them to maximize their potential while maintaining control over their trades.
A Seamless Trading Experience
Traders using HF Markets’ platform can trade across various devices, including desktop, mobile, and web, ensuring they never miss a market opportunity. This seamless experience, combined with fast execution, provides traders with the tools they need to make informed and timely decisions.
A spokesperson from HF Markets commented, “We are thrilled to partner with Nusantara Global Network to bring our crypto CFD trading platform to a broader audience in Southeast Asia. Our platform is designed to offer maximum flexibility, competitive conditions, and access to the tools traders need to succeed in the fast-changing crypto markets.”
Leading the Market in Southeast Asia
With the increasing demand for crypto trading in Southeast Asia, this partnership positions both companies as leaders in the region, offering a world-class platform that supports both novice and experienced traders. As interest in digital assets continues to grow, Nusantara Global Network and HF Markets are committed to providing innovative solutions that meet the evolving needs of this dynamic market.
About HF Markets
HF Markets is a global online broker providing traders access to a wide range of asset classes, including Forex, commodities, and indices. Known for its user-friendly platform and excellent customer support, HF Markets is committed to empowering traders with the tools and resources needed for successful trading.
by | Dec 17, 2024 | Business
Index Partners is pleased to announce its role as financial advisor to CREI Management Services FZE (“CREI”) in the successful agreement to sell its Philippine tower portfolio to Frontier Tower Associates Philippines Inc. (“Frontier”), a Towerco operator backed by KKR.
The transaction involves the sale of 100% shares in PH1 Holding FZ-LLC, the UAE-based parent company of Communication and Renewable Energy Infrastructure CREI Phils Inc., adding over 400 telecom towers with a colocation ratio of 1.25x to Frontier’s network of nearly 5,000 towers. This strategic divestment represents a significant milestone in CREI’s broader vision to drive sustainable energy and connectivity solutions across Asia and Africa.
This transaction highlights Index Partners’ capabilities in advising complex, high-value deals within the digital infrastructure sector in Southeast Asia, and its commitment in advancing connectivity and empowering businesses to scale through strategic, innovative transactions in the digital space.
Index Partners, together with Global Gate Capital, are the exclusive financial advisors to CREI on the transaction. Legal counsel for CREI was provided by Jones Day, King & Spalding, and MVGS.
About CREI
CREI is part of “Two Thirty Three Holdings SA” Group, a global telecom and energy services group. CREI is a UAE established asset management company holding through its subsidiaries a portfolio of telecom towers and renewable power assets across Africa and Asia. Its main activities entail providing sustainable energy and connectivity to Mobile Network Operators (MNOs) and rural communities across developing countries. CREI capitalizes on the expertise and synergies created throughout its group of affiliated companies to provide a full service to Operators and deliver efficient solutions that are integrated along the value chain. Through managing a portfolio of Telecom ESCO, TowerCo, and Network as a Service (NaaS) projects, CREI delivers agile solutions to all its stakeholders including the MNOs, addressing specific social and environmental needs to achieve lasting positive impact, decreasing the carbon footprint while improving the operator’s network performance and reach.
About Frontier
Frontier is a subsidiary of Pinnacle. Pinnacle invests in, builds and operates telecommunications infrastructure with a focus on towers and related assets. Pinnacle is an Asia-focused digital infrastructure platform with a strong focus on the rapidly growing Philippines market. Frontier’s leadership team includes founders of a number of highly successful tower companies and former C-level executives from some of the world’s leading wireless operators. Pinnacle is backed by leading global investment firm KKR.
by | Dec 16, 2024 | Business
Introduction to Inspirational Speaking
Imagine (just for a moment) being in a room filled with people. One speaker shares a captivating story, leaving the audience feeling hopeful, energized, and ready to take on the world. That’s the magic of inspirational speaking. It’s not just about giving a speech—it’s about changing lives with words. In a world full of distractions and doubts that can often cloud our vision, inspirational speaking acts as a beacon of light. It lifts individuals, helping them see beyond their limitations and encouraging them to chase their dreams. However, this type of communication is powerful because it can spark change in ways we often don’t expect. Although it might seem simple, the impact can be profound.
Understanding Inspirational Speaking
What is Inspirational Speaking?
Inspirational speaking is a skill that involves sharing messages that spark hope, enthusiasm, and a sense of purpose in others. Unlike regular conversations, it requires crafting words to truly connect with the audience, encouraging them to take important action. The Difference Between Motivational and Inspirational Speaking: Although these terms are often confused, motivational speaking focuses on pushing people toward specific actions or outcomes. Inspirational speaking, however, goes deeper by exploring emotions and values, aiming to ignite a feeling of purpose and personal growth. This highlights the power of inspirational speaking in achieving goals.
How Words Influence Actions
The right words (said at just the right moment) can change everything. Consider times when a speech gave you chills or even sparked your motivation to succeed. Inspirational speakers tap into that energy: they use language as a weapon to transform goals into reality. However, it’s crucial to keep in mind that not every speech will strike a chord with everyone. Although some may feel motivated, others might feel unbothered. This difference in response occurs because people connect with messages in their own special ways.
Inspiring Emotional and Mental Resilience
Life isn’t always smooth sailing (1). Inspirational speaking gives people the emotional strength they need to face challenges. By sharing stories of triumph over adversity, speakers remind us that setbacks can be stepping stones to success. However, effective inspirational speaking has several important elements. These elements help engage the audience and make the message more powerful. Although many speakers have different styles, they all aim to inspire and motivate. This connection is crucial, because it lets the audience feel the speaker’s passion and sincerity. But keep in mind, delivering a great message isn’t just about what you say; it’s also about how you say it.
Authenticity in Inspirational Speaking
Audiences (1) can truly sense when a speaker is real. Authenticity builds trust and makes the message more relatable. Inspirational speakers often pull from their own experiences; this allows their vulnerability to strengthen the connection with listeners. However, some speakers might find it hard to be authentic, but it’s very important for keeping the audience engaged. Although it’s not always easy, being open and honest can make a huge difference. Because of this, many people value speakers who share their true stories.
The Importance of Personal Stories
Stories are at the heart of inspiring speaking. (Whether it’s a story of failure that leads to success or a moment of realization) personal anecdotes grab audiences’ attention and make messages unforgettable. However, these stories can also demonstrate growth and change, which is crucial for connecting with listeners. Although some might believe facts hold more weight, people usually remember stories more effectively. This is because stories stir up emotions, which makes them linger in our minds.
Using Emotion to Connect with the Audience
Emotions act as the bridge (or link) between the speaker and the audience. By tapping into shared feelings such as joy, struggle, or hope, speakers can make a lasting impact. However, this impact isn’t always easy to achieve. Although some people may find it tough to express their emotions, others can connect deeply with their audience. This is important because it enables speakers to change mindsets and inspire change. The power of emotional connection should not be underestimated, because it can truly transform lives.
Shifting from Doubt to Confidence
One of the greatest gifts of inspirational speaking is (its power) to turn self-doubt into confidence. A strong message can help people believe in their potential: driving them towards their goals. However, this change isn’t always simple. Although many individuals feel inspired, they might still encounter difficulties. But with the right support, anyone can conquer these challenges. Because of this, inspirational speaking is vital for personal growth.
The Role of Positive Reinforcement
Inspirational speaking often emphasizes the positive (which includes focusing on strengths, opportunities and possibilities). This approach helps people shift their mindset and tackle challenges with optimism. However, becoming an inspirational speaker needs practical techniques, because it’s not only about being positive. Although many might believe it’s easy, it really takes practice and dedication to truly inspire others. This can involve understanding your audience, crafting your message and delivering it with confidence.
Mastering the Art of Storytelling
Great speakers (and they really are) are also great storytellers. You should learn how to create compelling narratives that grab your audience’s attention from beginning to end. Use vivid imagery (it definitely helps) and characters that people can relate to in order to bring your stories to life. However, this requires practice. Although it may seem simple, writing good stories is a skill that can be developed. Because of this, anyone can become a better speaker by enhancing their storytelling abilities.
Developing Your Speaking Style
Every speaker (in fact) has a special voice. You should try out different tones, paces and deliveries to find a style that feels real to you. Remember: it’s not just about copying others—however, it’s about figuring out what makes you unique. Although it can be tough, this journey is important because it allows you to express yourself honestly.
Engaging with Your Audience
Engagement is key (1). Whether it’s through eye contact, rhetorical questions, or interactive activities, you must make sure your audience feels involved and valued. This is important because people are more likely to connect with your message. However, using inspirational speaking in different contexts can be challenging. Although it may seem easy, the effectiveness of your approach can depend on the situation. You must adapt your techniques to suit the audience (2), but with practice, you can become more skilled.
In the Workplace
Inspirational speaking can (and often does) change workplace dynamics. It promotes collaboration and lifts morale; however, it also pushes employees to aim for excellence. This type of communication is crucial because it helps build a positive atmosphere. Although some people might downplay its effects, the reality is that effective speaking can result in greater success within teams.
For Personal Development
On a personal level, listening to (or maybe practicing) inspirational speaking can help you unlock your potential. It can build confidence and allow you to pursue your passions fearlessly. However, many people underestimate the power of this practice. Although it seems simple, it can have a major impact on your life. Because of this, taking the time to engage with inspirational speakers is really important. This can lead to personal growth and new opportunities.
In Educational Settings
In schools (and universities), inspirational speaking can empower students to dream big and work hard. It also helps educators (connect) with their students on a deeper level. Famous inspirational speakers have a significant impact on young minds; however, not all speakers resonate with every individual. Although some may find certain messages motivating, others might not feel the same way. This diversity in experience is important, because it shows that inspiration comes in many forms.
Lessons from Renowned Speakers
Figures like Martin Luther King Jr., Brené Brown and Tony Robbins have used their words to inspire millions (1). Their speeches remind us of the power of vision, perseverance and authenticity. How do their stories resonate with diverse audiences? These speakers often share universal truths, making their messages relevant to people from all walks of life. Their words inspire us to think, act and grow. However, the art of inspirational speaking is not easy. Although it takes practice, anyone can improve (their) skills. This is because effective communication is key to connecting with others. Tips to elevate your inspirational speaking skills are essential for those who wish to make a difference.
Practice and Feedback
Even the best speakers (believe it or not) begin as beginners. Practicing regularly is really important and you should seek constructive feedback (this can truly help) to refine your skills. However, improvement takes time. Although it might feel challenging at first, progress is possible if you stay dedicated. Remember: everyone has to start somewhere, because that’s how you grow.
The Importance of Continuous Learning
Stay curious (it’s super important) and open to new ideas. Read books and attend workshops, because these things can really help you grow. You should also watch other speakers; however, don’t forget to think critically about what you learn. This will expand your horizons, but remember, it’s totally okay to question different perspectives. Although it can be challenging at times, staying engaged will ultimately benefit you.
Building Emotional Intelligence
Understanding and handling emotions (yours and your audience’s) is an essential skill for any motivational speaker. However, this skill can be tough to develop. Many individuals struggle with their feelings and this can impact their performance. Although some speakers may seem confident, they could be grappling with their own emotions behind the curtain. Because of this, it’s crucial to practice emotional awareness and control. In fact, successful speakers frequently highlight the link between their feelings and those of their audience. This link can either make or break a presentation.
The Ripple Effect of Inspirational Speaking
How One Speech Can Change Lives
A single (motivational) speech can ignite a movement, alter someone’s path, or just lift someone’s spirits. Never underestimate the strength of your words. However, it’s essential to keep in mind: words hold great power, because they can inspire individuals to act. Although some might believe that one speech doesn’t make a difference, this isn’t the case. Every word matters!
Creating a Legacy of Inspiration
By sharing your message (1), you can create a legacy that inspires future generations to dream bigger and aim higher. However, this process takes time & effort. Although it may seem challenging, the impact you have can be significant, because your words can motivate others. But remember: every great legacy starts with a single message.
Conclusion
Inspirational speaking goes beyond being just a skill—it’s actually a unique gift that can transform lives. Whether you’re addressing a huge crowd (like thousands) or having a personal chat (one-on-one), your words have the power to uplift others. This can help them achieve their goals and uncover their true potential. However, you may ask yourself: Why not embrace this incredible art and make a positive difference? Although it might be tough, the benefits are worth it.
by Penny Angeles-Tan | Dec 16, 2024 | Business
Discover the growing popularity of Babylon Chain, a Bitcoin staking platform blending BTC’s robust security with PoS flexibility. With over 124,410 stakers and $3.6B in deposits, Babylon Chain offers high yields, unmatched security, and transparency. Stake BTC now and earn rewards while enhancing blockchain security!
Staking has emerged as a key feature in the blockchain ecosystem, allowing cryptocurrency holders to lock their assets, contribute to network security, and earn rewards. Babylon Chain takes this a step further by integrating the robust security of Bitcoin (BTC) with the flexibility of Proof-of-Stake (PoS) networks.
This innovation transforms Bitcoin from a store of value into an active contributor to blockchain security and decentralization.
What is Babylon Chain?
Babylon Chain is a Bitcoin staking platform designed to enhance the security of PoS-based blockchains. It enables Bitcoin holders to lock their assets and use them to bolster the economic security of PoS networks without involving third parties, such as custodians.
The platform leverages three unique aspects of Bitcoin:
1. Timestamping: Recording events from other blockchains onto the Bitcoin network.
2. Blockspace: Utilizing Bitcoin’s blockchain capacity.
3. Asset Value: Using Bitcoin’s economic value to reinforce PoS networks.
How Babylon Chain Works
Babylon Chain uses several core protocols to create a secure and efficient ecosystem:
1. Bitcoin Staking Protocol
This protocol allows BTC holders to stake their assets directly in PoS chains without wrapping or transferring them to another platform. This ensures asset liquidity and security.
2. Bitcoin Timestamping Protocol
By recording events from other blockchains onto Bitcoin’s network, this protocol leverages Bitcoin’s Proof-of-Work (PoW) security to protect PoS chains against long-range attacks that could compromise their integrity.
3. Bitcoin Data Availability Protocol
Ensures that data from other blockchains remains accessible and secure via Bitcoin’s infrastructure.
Babylon Chain’s Achievements
Babylon Chain has achieved remarkable milestones, with total deposits exceeding 36,100 BTC (equivalent to approximately $3.6 billion). In the past week, Bitcoin deposits surged by 51.4%, with a staggering $1.2 billion deposited in just two days (December 10–11, 2024).
As of this writing on December 16, Babylon’s official account on X posted data on the number of users who have staked Bitcoin. There are over 124,410 users who have staked BTC at the end of phase-1 which will close in less than 24 hours.
This growth was fueled by major platforms like Binance and Bitrue, which began supporting Babylon Chain’s yield-earning program. Nearly 14,000 new users joined within a single day, raising the total number of unique depositors to over 62,000.
Key Advantages of Babylon Chain
There are many benefits offered in Babylon Chain that you can get, such as:
1. High Security
Babylon Chain employs advanced cryptographic technology like Extractable One-Time Signatures (EOTS) to ensure robust protection for users.
2. Flexibility
The platform offers quick and secure unbonding processes, allowing users to access their assets without compromising security.
3. Attractive Yields
Bitcoin holders can earn competitive rewards while contributing to the security of PoS networks.
4. Transparency and Decentralization
Babylon Chain eliminates the need for third-party custodians, enabling Bitcoin holders to retain full control over their assets.
Benefits of Bitcoin Staking with Babylon Chain
There are many advantages you can get when staking Bitcoin on Babylon, such as:
1. Diversified Utility: Expands Bitcoin’s functionality beyond passive investment.
2. Earn Rewards: Offers BTC holders additional income through staking.
3. Enhanced PoS Security: Strengthens blockchain networks by integrating Bitcoin’s security.
Babylon and Bitrue Strategic Partnership
Babylon is collaborating with Bitrue as one of the global crypto exchanges by holding the Babylon BTC Staking campaign which will last until December 17, 2024. BTC staking on Babylon through Bitrue provides rewards of up to 2.3% APR complete with Babylon points. That way, you will get double rewards when staking BTC in this BitrueXBabylon campaign.
The maximum APR is 2.3% with a base rate of 1.3%. You will also get additional income with a base rate of 1.12x for every friend you invite to join this BTC Babylon staking campaign. Here are the details of the rewards:
- Invite 1 friend who registers and makes their first deposit: APR increases to 1.46%.
- Invite 2 friends: APR increases to 1.63%.
- Invite 3 friends: APR increases to 1.83%.
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Invite 4 friends: APR increases to 2.05%.
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Invite 5 or more friends: Maximum APR of 2.3%.
Risks and Considerations
While Babylon Chain offers significant benefits, it’s essential to weigh the associated risks:
1. Market Volatility: The value of staked BTC can fluctuate, potentially impacting overall returns.
2. Platform Risks: Technical or operational failures could put staked assets at risk.
3. Lock-Up Periods: Some staking mechanisms may require assets to be locked for a fixed duration, limiting liquidity.
Conclusion
Babylon Chain introduces a groundbreaking approach to Bitcoin staking by integrating PoW security with PoS flexibility. By allowing BTC holders to stake without wrapping or transferring assets, the platform provides a transparent and secure solution for earning yields while enhancing blockchain security.
For those seeking a safe and innovative way to grow their Bitcoin holdings while supporting decentralized ecosystems, Babylon Chain is a compelling choice.
So, what are you waiting for? You can directly stake Bitcoin on Babylon chain via Bitrue to get maximum profit.
by | Dec 16, 2024 | Business
Kuala Lumpur, Malaysia – 16th December 2024 – Nusantara Global Network is proud to announce its strategic partnership with Valetax, a leading brokerage firm, to introduce the “How to Become an Introducing Broker” initiative. The partnership aims to empower aspiring brokers across Malaysia by providing them with the essential training, resources and support needed to succeed in the trading industry.
The “How to Become an Introducing Broker” initiative is designed to simplify the process of becoming an Introducing Broker (IB) while highlighting significant opportunities in the financial sector. Through comprehensive training programs, mentoring and innovative technology solutions, Nusantara Global Network and Valetax will equip new brokers with the knowledge and skills needed to succeed in a competitive market.
“We believe this partnership will enhance the trading landscape in Malaysia by building a new generation of Introducing Brokers,” said the head of Nusantara Global Network. “Our partnership with Valetax brings together essential expertise and resources for anyone looking to enter this lucrative field. Together, we are committed to creating a path to success.”
This collaboration comes at a crucial time as the global trading industry continues to evolve, with increasing interest in online trading platforms and investment opportunities. By focusing on education and support, Nusantara Global Network and Valetax aim to meet the growing demand for knowledgeable brokers who can guide clients in making informed trading decisions.
Valetax, expressing its excitement about the collaboration, said, “This initiative is a testament to our commitment to enhancing the trading experience for clients while developing the next generation of brokers. We are proud to partner with Nusantara Global Network to offer a comprehensive program that not only educates but also inspires prospective IBs.”
The “How to Become an Introducing Broker” initiative will provide access to a variety of resources, including:
• Tailored Training Sessions: Touching on key aspects of the brokerage business, from regulatory compliance to effective marketing strategies.
• Dedicated Mentoring: Experienced brokers will provide personalized guidance to help beginners navigate the complexities of the industry.
• Innovative Technology: Participants will gain access to Valetax’s cutting-edge trading platform and tools, enabling them to better serve their clients.
Both companies recognize the importance of collaboration in driving industry growth and innovation. This initiative aligns with Nusantara Global Network’s mission to elevate the standards of the brokerage industry while complementing Valetax’s dedication to expanding its reach and impact.
About Valetax
Valetax is a respected online brokerage firm offering a wide range of trading instruments and exceptional services to clients worldwide. With a strong focus on technology and customer support, Valetax strives to provide a seamless trading experience for both new and experienced traders.
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