MC and InfraRed Named Preferred Bidders for UK Offshore Transmission Asset

TOKYO, Sep 9, 2022 – (JCN Newswire via – Mitsubishi Corporation (MC) is pleased to announce that MC and InfraRed Capital Partners (InfraRed) have been selected as the preferred bidders for a new offshore electricity transmission link in the UK. MC’s partnership with InfraRed comes via its UK-based, wholly owned subsidiary Diamond Transmission Corporation […]

PlayEstates Launches First Gamified Platform with Real Estate Backed Assets

Los Angeles, CA, July 18, 2022 – (SEAPRWire) – PlayEstates is proud to announce the launch of its first gamified platform with real estate backed assets. Real estate is one of the best wealth-creating industries, and several efforts have been made to replicate the same business structure in the virtual gaming world. There are many play-to-earn games related to real […]

ING spins out Pyctor digital assets technology to GMEX Group

London and Amsterdam, Jul 12, 2022 – (ACN Newswire via – ING announced today that it has spun out Pyctor to GMEX Group (“GMEX”), a leader in digital business and technology solutions for exchanges and post-trade market infrastructure. Pyctor’s digital post-trade market infrastructure technology is designed for firms operating in regulated environments. It provides […]

PlayEstates Web3 Gaming Platform Launches Its Fractional Ownership Model where Gamers Own IRL Real Estate Assets

Los Angeles, CA, July 11, 2022 – (SEAPRWire) – PlayEstates, a Web3 gaming platform, has launched its fractional ownership model, which allows gamers to own real-world real estate assets. The team is riding on the rise of play-to-earn gaming to build a revolutionary project accessible to everyone around the world. With the launch of the fractional ownership model, […]

Century finalizes purchase of Ligo assets, acquires plant in Zamboanga

CENTURY Pacific Food Inc. (CNPF) has finalized the purchase of Ligo assets with the acquisition of operational assets related to the manufacturing of Ligo products. CNPF acquired the building facilities and equipment to manufacture Ligo products in Zamboanga, Philippines. Ligo is a leading brand in the sardine category. Ligo will be highly synergistic with the […]

VC Holdings Announces 2021 Annual Results

Achieves Profit for the Year attributable to the Owners of the Company of HK$15.2 millionBroadening Revenue Streams and Bringing New Impetus for Sustainable Growth HONG KONG, Mar 31, 2022 – (ACN Newswire) – Value Convergence Holdings Limited (“VC Holdings”, together with its subsidiaries, the “Group”; Stock Code: 0821.HK), a well-established and one-stop financial services institution in […]

Cylum Launches Highest APY Staking Reward in the Crypto Space

London, UK, April 1, 2022 – (SEAPRWire) – Cylum Finance, a DeFi 3.0 platform, has launched the highest APY staking reward in the crypto industry. Over the years, crypto investors and traders have staked their assets for relatively average returns. Although these investors earned interest on their staked crypto assets, there is huge room for improvement. Offering […]

Moonstake to Establish Moonstake Gaming Guild (MSGG) to Enter GameFi Business

SINGAPORE, Mar 15, 2022 – (ACN Newswire via – Moonstake today announces the formation of the Moonstake Gaming Guild (MSGG) as the staking provider makes its full-scale entry into the GameFi market. GameFi is a term combining the words “Game” and “Finance”, referring to games where you can earn from playing. Specifically, in-game currency, […]

GSIS investment portfolio grows 5% to P890.59 billion in 2021

The investment portfolio held by the Government Service Insurance System (GSIS) grew 5.22% to P890.59 billion in 2021, with the growth propelled by foreign-currency investments in equities and infrastructure, the Department of Finance (DoF) said in a statement, citing a report from the agency.  “The growth came primarily from the GSIS’s well-positioned foreign currency denominated […]

Government nonfinancial assets valued at P1.9 trillion

THE government’s nonfinancial assets have been valued at P1.9 trillion at the end of 2021, growing by P361 billion, the Department of Finance (DoF) said. The DoF, in a statement on Monday, said its registry contains 380,817 separate assets, including roads, bridges, hospitals, power plants, and irrigation facilities. These items are registered under the Bureau […]

Moonstake Collaborates with deBridge to Enable Cross-chain Bridge for Assets and NFTs

SINGAPORE, Feb 14, 2022 – (ACN Newswire via – Today, Moonstake is happy to announce our collaboration with the innovative cross-chain interoperability and liquidity transfer project deBridge. Through this collaboration, Moonstake will become a validator for the deBridge network that facilitates seamless bridging of any arbitrary asset and data, and NFTs across a wide […]

IQeon Announces Its Expansion from a Gaming Project into a Fintech Project

Tallinn, Estonia, January 26, 2022 – (SEAPRWire) – IQeon, the PvP gaming platform which enables users to monetise their in-game achievements, has announced it is expanding from a gaming project into a fintech project. IQeon has developed IQEX – a line of new products and services that brings together fintech areas like personal finance, payments, transfers, security, AI and […]

Palace orders dissolution of GOCC Northern Foods Corp.

Malacañang has ordered the dissolution of Northern Foods Corp. (NFC) calling it no longer cost-effective and at odds with the government’s development policy. Executive Secretary Salvador C. Medialdea, on the President’s authority, signed Memorandum Order No. 58 which would dissolve the NFC, which has incurred net losses since its founding except in 1989, 1995, and […]

Invest only in legitimate crypto assets, consumers told

REGULATORS reminded consumers to check whether they are engaging with legitimate entities to avoid scams related to cryptocurrency. “Our regulations are really meant to protect the…financial system. That’s why we impose certain standards on anti-money laundering, counter-terrorism financing, and cyber consumer protection…,” Melchor T. Plabasan, Technology Risk and Innovation Supervision department director at the Bangko […]