by | Jun 13, 2025 | Business
In anticipation of Malaysia’s upcoming nationwide E-Invoicing mandate in August 2024, Koshidaka Malaysia organised an internal training session to enhance staff readiness and understanding of the new system. The session featured insights from certified professionals in accounting and tax compliance.
On 12 June 2025, Koshidaka Malaysia (Karaoke Manekineko) held an in-house
training session focused on the upcoming implementation of Malaysia’s national
E-Invoicing system. The session, held at the company’s headquarters, featured a
team of HRDF-certified trainers from YYC—one of Malaysia’s leading professional
accounting and tax advisory firms.
The
training aimed to provide employees with a clear and practical understanding of
E-Invoicing, which will become mandatory nationwide beginning August 2024. It
covered a wide range of essential topics, including the rationale behind the government’s
transition to a digital invoicing system, an overview of E-Invoicing concepts,
technical and procedural implementation steps, and the compliance requirements
businesses must follow.
The trainers used real-life case studies and interactive discussions to
highlight how E-Invoicing will affect daily operations for businesses of
various sizes. Employees engaged actively, gaining insight into not only the
formal structure of E-Invoicing but also its wider implications on operational
transparency and financial reporting.
In addition to corporate relevance, the session also touched on how
E-Invoicing applies to individuals—such as freelancers and self-employed
professionals—underscoring its role in promoting personal financial discipline
and tax compliance.
Koshidaka Malaysia emphasised the importance of early preparation,
stating that staying informed and upskilling employees are essential strategies
for navigating regulatory changes. The company plans to continue hosting
similar knowledge-sharing initiatives as part of its commitment to responsible
business practices and continuous improvement.
by | Jun 13, 2025 | Business
Melbourne-based Galcon Contractors was commissioned by the Department of Education to deliver concrete paths and compliant access ramps across multiple schools during holiday periods, improving safety, accessibility, and movement while minimising disruption.
Across Melbourne, schools are quietly improving how students and staff move through their grounds — with new access paths and ramps helping bring facilities in line with evolving safety and accessibility standards. Galcon Contractors, a Melbourne-based concreting firm, was recently engaged by the Department of Education to deliver a series of upgrades across multiple schools. These included the construction of concrete pathways and compliant access ramps, designed to support ease of movement and improve everyday usability.
The upgrades were delivered across multiple sites during school holiday periods, ensuring no disruption to school operations. Galcon’s civil-scale project experience and detailed scheduling capabilities made them a natural choice for coordinating the rollout.
With a growing reputation for delivering high-quality concreting solutions in the education, government, and commercial sectors, Galcon Contractors continues to support infrastructure that’s built to last — and built to serve.
![[KnoWaterleak: Case Study] A Local Government with a population of 100k-200k in Japan](https://slvrdlphn.com/wp-content/uploads/2025/06/public-137-1080x627.)
by | Jun 12, 2025 | Business
- Achieving 6× More Effective Leak Detection and 79% Cost Reduction –
Tokyo, Japan – June 12, 2025 – Tenchijin Inc., a space-tech innovator, announces the implementation of its “KnoWaterleak” solution in a Japanese local government. This digital transformation (DX) solution for water utilities leverages satellite dataleverages satellite data to support sustainable water infrastructure management and has significantly improved both leak detection efficiency and cost-effectiveness. In municipalities with populations between 100,000 and 200,000, the solution achieved 6 times higher efficiency in leak detection and a 79% reduction in leakage survey costs.
Addressing Underground Infrastructure Challenges
Water infrastructure faces critical challenges due to aging underground pipelines that are difficult to assess from the surface. In Malaysia, water leakage is expected to cause RM4 billion in losses by 2030, with non-revenue water rates reaching critical levels in many states. The situation is worsening primarily due to aging infrastructure and insufficient maintenance. (Source: Malaysian Water Association) Both in Japan and globally, local governments face a critical challenge. In Japan, over 176,000 kilometers of water pipes installed during the 1960s economic boom are now past their 40-year service life. Meanwhile, globally, aging infrastructure and constrained budgets are placing immense pressure on municipal resources. With replacement costs averaging 200 million yen per kilometer, this creates an unprecedented financial burden for local governments worldwide.
Breakthrough Results in Leak Detection and Cost Efficiency
1. Six-fold Increase in Leak Detection Efficiency
Traditional acoustic surveys detected an average of 0.7 leaks per 10 km of pipeline.
With KnoWaterleak’s technology integration, this increased to 4.2 leaks per 10km
– a six-fold improvement in detection efficiency.
2. Significant Cost Reduction in Leak Detection and Risk Assessment Surveys
Traditional survey costs averaged 25,000 MYR (860,000 JPY) per leak detection. The implementation of
KnoWaterleak reduced this to approximately 5,200 MYR (180,000 JPY) per leak. Including both
technology costs and acoustic surveys, this represents a 79% reduction in total survey expenses,
enabling more effective utilization of limited budgets.
3. Precise Risk Assessment and Targeted Detection
– The system’s risk assessment proved highly accurate, with 40% (50 locations) of all leaks identified in high-risk areas:
– E-rated areas (highest risk, shown in red) comprise only 3% of total area but contained 10% (12 locations) of discovered leaks
– D-rated areas (second highest risk, shown in orange) represent 17% of total area and contained 30% (38 locations) of leaks
– Combined, these high-risk areas (E and D ratings) representing just 20% of the total area yielded 40% (50 locations) of all leak
detections. These results demonstrate the effectiveness of the system’s risk assessment and validate the prioritization strategy
for high-risk zones.
The implementation of KnoWaterleak represents a significant advancement in water infrastructure management, demonstrating that satellite technology can revolutionize traditional utility operations. The remarkable improvements in leak detection efficiency and cost reduction showcase the potential of space technology in solving earthbound challenges.With aging water infrastructure becoming a global concern, solutions like KnoWaterleak offer a scalable, data-driven approach to infrastructure maintenance. The system’s proven ability to accurately identify high-risk areas while significantly reducing operational costs makes it a valuable tool for municipalities worldwide facing similar challenges.As water infrastructure continues to age globally, the need for innovative, cost-effective solutions becomes increasingly critical. Tenchijin’s success in Japanese municipalities serves as a model for how space technology can be effectively applied to enhance infrastructure management and ensure sustainable water supply systems for future generations.
by | Jun 12, 2025 | Business
Asuene Inc. is pleased to announce a strategic capital and business alliance with Daikin Industries, Ltd., the world’s leading HVAC company. This partnership was formalized through a third-party allocation of new shares as part of Asuene’s Series C2 round second close, bringing the company’s total funding to US $73.7 million.
Through this alliance, the two companies will offer integrated decarbonization services by combining Asuene’s carbon accounting platform “ASUENE” and consultation with Daikin’s energy-saving solutions in HVAC and building management. The partnership will primarily target the North American and Japanese markets, where both companies will jointly accelerate initiatives to support corporate climate action with greater precision and scale.
Background: Addressing Global Needs for Decarbonization and Energy Optimization
As the global push toward decarbonization intensifies, CO2 emissions from buildings account for about 20 to 30 percent of the total worldwide. Optimizing energy use—particularly in air conditioning and lighting—has become a key priority. In Japan, the introduction of GX-ETS (Green Transformation Emissions Trading Scheme) and expanded disclosure requirements under the new SSBJ (Sustainability Standards Board of Japan) are driving companies to act swiftly.
Meanwhile, in the US, states, municipalities, and private companies are advancing climate initiatives from planning to execution. With growing demand for measurable, actionable solutions, there is a particular emphasis on improving energy efficiency in buildings and facilities.
“ASUENE”, carbon accounting platform, is the No.1* market share service in Asia. We had also established its US subsidiary, ASUENE USA, to deliver localized solutions and support companies in meeting regional compliance and ESG goals.
Daikin operates in over 170 countries and is the global leader in HVAC. In the US alone, its HVAC business exceeds US $10 billion in annual revenue and continues to see rapid growth.
*Based on a July 2024 study by Tokyo Shoko Research
Details of the Strategic Partnership: Building Seamless Decarbonization Solutions in Japan and North America
Asuene and Daikin share a common vision: to become globally leading decarbonization solution providers originating from Japan. This capital and business alliance, formalized through Asuene’s Series C2 funding, marks a major step toward that goal.
By integrating Asuene’s platform with Daikin’s HVAC equipment and building management systems, the partnership will provide companies with a seamless, one-stop solution to measure, reduce, and report emissions. This end-to-end approach—from carbon accounting to practical implementation—will help companies reduce energy costs and accelerate their sustainability efforts.
Together, Asuene and Daikin will strengthen their competitiveness and drive innovation across Japan and North America, working toward a more sustainable global society.
Comments from Key Executives
Masaaki Miyatake, Executive Officer, Applied Solutions Business, Daikin Industries, Ltd.
Against the backdrop of global climate action and ESG initiatives, carbon measurement and reduction have become essential. By combining Asuene’s advanced GHG accounting capabilities with Daikin’s energy-efficient HVAC systems and operational expertise, we aim to deliver actionable, one-stop decarbonization solutions. Through this collaboration, we will contribute to building a more sustainable society, both in Japan and worldwide.
Kohei Nishiwada, Founder, CEO & COO, Asuene Inc.
We are deeply honored to enter a strategic capital partnership with Daikin, a global HVAC leader. This is more than an investment—it’s a bold commitment to our shared mission of decarbonization. By combining our strengths, we are fully committed to leading the market not only in Japan but in North America as well. This collaboration marks the beginning of our next chapter, and we are driving it forward with purpose and momentum.
About Daikin Industries, Ltd.
・Company Name: Daikin Industries, Ltd.
・Representative : Naofumi Takenaka, Representative Director, President and COO
・Headquarters: Osaka Umeda Twin Towers South, 1-13-1 Umeda, Kita-ku, Osaka
・Website: https://www.daikin.com
by | Jun 11, 2025 | Business
Ripple’s legal battle with the SEC, soaring ETF approval odds, and bullish chart signals are putting XRP in the spotlight. Will 2025 mark a historic breakout or a brutal crash? Here’s what investors need to know.
As the legal standoff between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues, XRP investors closely monitor key court developments, potential ETF approvals, and bullish technical signals that could define the token’s 2025 trajectory.
With a pivotal deadline looming and speculation intensifying, XRP’s future remains tightly interwoven with regulatory actions and institutional interest.
Legal Crossroads: Ripple vs. SEC Reignites Uncertainty
On June 10, investor focus pivoted back to the SEC v. Ripple case, following fresh court filings and the approach of a critical June 16 deadline.
The SEC must submit a status report to the U.S. Court of Appeals, following the expiration of a 60-day abeyance granted in April.
The legal landscape was further complicated when Judge Analisa Torres denied the SEC’s request for an indicative ruling on the proposed settlement terms.
These terms, jointly filed by Ripple and the SEC, aimed to lift the injunction against XRP institutional sales and reduce the imposed $125 million penalty.
The denial has reintroduced legal ambiguity, prompting concerns that both parties may soon advance with their respective appeals.
Investors had anticipated another SEC request before the deadline, but the agency’s silence has cast doubt on a summer resolution.
Since Judge Torres’ decision, XRP has shown notable volatility, dropping from $2.6553 on May 12 to $2.0607 by June 5, before rebounding to around $2.30.
ETF Momentum: XRP’s Position in the Altcoin ETF Race
The prospect of spot XRP exchange-traded funds (ETFs) has become a focal point for the market. On June 10, Bloomberg Intelligence’s Eric Balchunas predicted a busy summer for altcoin ETFs, with Solana leading the way.
Although XRP is in contention, ongoing litigation has tempered its chances, placing its ETF approval odds behind Litecoin and Solana.
Nevertheless, market sentiment shifted sharply after Polymarket data on June 10 revealed a surge in approval odds for an XRP spot ETF, jumping to 98%, up from 68% in April.
This spike follows a wave of applications from leading firms like Bitwise, Grayscale, Franklin Templeton, and 21Shares, along with the successful May 19 launch of XRP futures ETFs by CME Group, which saw $19 million in first-day volume.
Further bolstering XRP’s institutional appeal, three companies announced plans to allocate over $471 million into XRP treasuries. Notably, Webus International filed a $300 million XRP strategic reserve with the SEC, highlighting growing corporate trust and adoption.
Traditional Finance Meets Crypto: Ripple-Guggenheim Collaboration
Ripple’s expanding influence in traditional finance was also underscored by a new partnership with Guggenheim Treasury Services. Under the deal, Guggenheim will offer its U.S. Treasury-backed commercial paper on the XRP Ledger.
Ripple will invest $10 million into the offering, which features customized maturities of up to 397 days.
This marks a significant move toward the tokenization of real-world assets (RWAs), a growing trend on Wall Street. With over $7 billion in tokenized U.S. Treasurys already issued, spearheaded by BlackRock, Franklin Templeton, and Fidelity, the partnership strengthens XRP’s position in the burgeoning RWA market.
Technical Signals: Bullish Setups Hint at Explosive Upside
While regulatory developments weigh heavily on XRP, chart analysts are growing increasingly bullish. Crypto analyst JD (@jaydee_757) identified a hidden bullish divergence on the two-week Stochastic RSI, drawing parallels with XRP’s 2017-2018 market cycle. Back then, a similar setup led to a 20x rally.
JD noted that XRP has broken out from a multi-year symmetrical triangle originating in 2018, signaling a potential parabolic move.
He projects a price surge toward $17, followed by a dramatic correction, possibly crashing below $1, echoing the 94% drop seen post-2017 rally.
Market analyst Egrag Crypto shares a similar view, forecasting XRP to hit between $20 and $27 in 2025 before potentially retracing to around $3 during a bearish phase.
His “Guardian Arch” analysis leverages the 21-week EMA and 33-week SMA, along with the presence of a bullish flag on the monthly chart.
Price Outlook: Resistance, Support, and What’s Next
On June 10, XRP closed at $2.3064, down 0.66% on the day, slightly underperforming the broader crypto market. Currently, XRP trades at $2.2894, recovering from recent lows around $2.06 and up 9.7% over the past few days.
A move above $2.35 could spark a climb toward resistance at $2.6553 and eventually the $3.00 mark.
Surpassing this barrier may confirm the start of a parabolic uptrend with potential targets beyond $25. Conversely, failure to hold support could expose XRP to downside risk near $1.93, the 200-day EMA level.
Final Thoughts: Hope and Caution in Equal Measure
With legal clarity still pending and ETF hopes surging, XRP stands at a critical juncture. The growing integration of Ripple with institutional finance, combined with bullish chart patterns, presents a compelling narrative for XRP bulls. Yet, historical precedent and unresolved litigation caution against overexuberance.
Whether XRP fulfills its projected rise to double digits or falls victim to another dramatic correction, one thing is clear, 2025 will be a defining year for the cryptocurrency, both in court and on the charts.
You must be logged in to post a comment.