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fatehbaz · 1 year

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If you wanted to know more about the saga of protests and resistance against Canada’s open-pit copper mining in Panama:

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Screenshot and headline from: “Canadian firm blames Panama for closure of copper mine.” AP News. 16 December 2022.

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Headline from: “Panama: Canadian mining company First Quantum denied to expand copper exploitation area for alleged failure with environmental commitments.” Business & Human Rights Resource Centre. 26 January 2023.

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Headline from: Valentine Hilaire. “Panama won’t allow Canada’s First Quantum to expand its copper mine operations.” Reuters. 26 January 2023.

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Headline by: The Associated Press. “Panama reaches 20-year deal with Canadian copper mine.” As republished at ABC News. 8 March 2023.

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An excerpt and explanation:

In Panama, a dispute has emerged of a type that is common to countries in Central and South America: a huge transnational company has invested in the country’s resource wealth, resulting in a conflict over suitable payments to the government that draws in officials from the company’s nation of origin in defence of corporate profits. In this case, the company in question is First Quantum Minerals, a mining giant with lucrative investments across the Global South -- and the country of origin is Canada.

This summer [2022], Panamanians rose up in nationwide protests against the neoliberal status quo imposed on the country by the government of Laurentino Cortizo. Beginning on July 1, these protests brought together diverse groups including teachers, students, trade unionists, farmers, and Indigenous organizations [...]. The causes of the summer 2022 protests go back decades and help illustrate the dynamics of the current conflict between First Quantum (and their backers in Ottawa) and the Panamanian state.

Throughout the 1990s, Canada aggressively pushed for states in Central and South America to adopt neoliberal reforms that would permit more foreign investment and fewer regulations for transnational companies. [...]

Several protest movements emerged in Panama in the 2010s in opposition to the effects of free market reforms generally and the predominance of Canadian mining specifically. At the heart of these resistance movements is the Canadian-owned Cobre Panamá mine, which is the largest foreign investment in the country [...].

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Cobre Panamá was owned by the Toronto-headquartered Inmet Mining until 2013, at which point it was acquired by Vancouver-based First Quantum. In 2011, the Martinelli government attempted to limit the Indigenous Ngäbe-Buglé nation’s rights to autonomy and self-government in order to grant mining companies access to minerals on their land. Meanwhile, Martinelli repealed a law that prevented foreign governments from investing in the mining sector -- a gift to Canada’s Inmet Mining, which at the time was seeking financing from the sovereign wealth funds of Singapore and South Korea.

These moves sparked protests that continued into 2012. Martinelli responded to demands for the annulment of mining and hydroelectric concessions on Indigenous territory with violence by dispatching riot police. The police killed one protestor, injured thirty-two, and detained forty. The protestors did not budge; instead, they blocked the entrances to Cobre Panamá and another mine owned by the Canada’s Petaquilla Minerals. Eventually Martinelli relented and vowed not to approve mining projects on or near Ngäbe-Buglé lands.’

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During the 2011-2012 conflict, nobody in the Canadian government issued a single statement on the matter. When protestors took to the streets again in 2022, Ottawa released a statement that totally omitted the reasons behind the uprising.

Following the economic shock of the COVID-19 pandemic, the Cortizo government declared that Panama’s recovery would rely on incentivizing foreign investment in the mining sector. Social movements have by and large rejected this new arrangement due to the history of corrupt collaboration between state officials and foreign companies and the weakness of environmental protections.

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For example, in April 2022 the Panama Worth More Without Mining Movement -- which arose in opposition to the Canadian-owned Cobre Panamá mine -- released a report that found over 200 “serious” breaches of environmental commitments by the project managers, including the breaking of reforestation promises, “the felling of 876 hectares… in an area of high biodiversity and international importance,” and “the discharge of waste from the tailings tank into natural bodies of water without official endorsement.”

Following the summer 2022 protests, the Cortizo government announced plans to reform the mining sector by instituting greater regulations on foreign companies. In the meantime, the Panamanian state and First Quantum were in the process of negotiating a renewed contract. Jason Simpson, CEO of Canada’s Orla Mining (which is hoping to begin extraction at its Cerro Quema gold project), said, “The biggest story in Panama is Cobre Panamá, so as the government works through their renewed contract law for First Quantum’s asset there, that’ll take priority… We’ll be patient for that to be resolved and then we hope to get working on construction in Panama.”

The negotiations for the renewal of the Cobre Panamá contract began in September 2021. The two parties agreed that First Quantum would provide Panama with between 12 and 16 percent of its gross profit, a new rate that would replace the previous two percent revenue royalty. [...]

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Much like Ottawa jumped to the defence of Centerra Gold following Kyrgyzstan’s nationalization of the Kumtor gold mine last year, the Trudeau government has taken a keen interest in Cobre Panamá and, according to the unnamed Reuters source, is actively backing the mining company’s position. Given Canada’s long history of support for neoliberal reforms and transnational investment in Central and South America, Ottawa’s support for First Quantum in these negotiations should come as no surprise.

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Headline and text by: Owen Schalk. “Ottawa backs Canadian mining giant in dispute with Panama.” Canadian Dimension. 26 December 2022. [Bold emphasis and some paragraph contractions added by me.]

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william-r-melich · 16 hours

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Tik Tok on the Chopping Block - 04/25/2024

Yesterday, Joe Biden signed the Tik Tok Divest-or-Ban bill into law. I covered this bill extensively in my post, "Tik Tok Bill/HR 7521" back on March 16th of this year. This bill forces ByteDance to sell Tik Tok within one year. It's clear to me that this Chinese owned company is controlled by the CCP and is using it to gather information on US citizens and influence children toward committing self-harm and suicide.

Tik Tok's CEO, Shou Zi Chew released the following video statement yesterday. "Make no mistake, this is a ban, a ban on you and your voice. We are confident, and we will keep fighting for your rights in the courts. The facts and the Constitution are on our side, and we expect to prevail again." He was referring to how they circumvented Trump's executive order to ban the app in the U.S. back in 2020. Tik Tok's position is that through China's Counterespionage Law, its customer data is stored in Virginia and backed up in Singapore. They claim that they have never or ever will share U.S. data with the CCP. Yet the owner of ByteDance previously issued a letter of apology to the CCP about failing to follow the CCP's directives. It's obvious to me that they are more of an arm of the CCP than a private company and we should not trust them. At the same time, I'm also conflicted about trusting our own government. Regardless it's now signed into law, like it or not.

Tik Tok and ByteDance together spent over $7 million since the beginning of this year on TV and digital ads in an effort to stop legislation from passing the bill. A Tik Tok spokesperson said this, "This expenditure reflects work we do to educate policy makers about how legislation could affect our community of 170 million American users." Tik Tok officials lobbied Congress and Biden's executive office last quarter. Biden's executive office contains the National Security Council, the Office Management and Budget, the Office of the U.S. Trade Representative, and other divisions.

As I mentioned in my previous post on this bill last March, Donald Trump and Elon Musk both came out against it. Trump is concerned that it could expand government powers on other platforms, and Musk is concerned about censorship. The bill is intended to remove any foreign influence and investment in social media platforms and websites here in the U.S. The government would have to prove that a foreign entity is directly involved and then initially force divestment, and then later if necessary deplatform the app and shut down their operating websites.

I'm all for private companies operating platforms that allow freedom of expression, but not if they're being operated by a foreign adversary like China's CCP. Yet I'm always very skeptical of our government and their tendencies to over-reach in order to go after their political opposition. Especially with this current bunch in charge. All we can do is to stay informed and hopefully for the sake of our freedom and security vote in Republican majorities in both the house and senate, and get Donald Trump back into office, in my opinion.

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edelstahlviratiberica · 14 days

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mysgprop-cstee · 1 day

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20 Cecil Street (Plus Building)

20 Cecil Street (PLUS) Premium Grade A Office Units in the Heart of Singapore Financial District

Rare! Strata Title Grade A Office for Sales 90m To Raffles Place MRT (Sheltered) Vacant & Tenanted (Yield up to 4.2%) Units available ⭐Give Your Business a Good Address⭐ Units from $2.3x mil / $3000 psf (size 786sf and above) ✔By leading and experienced property developer – CapitaLand ✔Short Walk to Raffles Place MRT ✔Rare Strata Office in Prime CBD of Singapore ✔Immediate Occupancy & Tenanted Units with Attractive Rental Yield ✔Multiple units can be amalgamated into one office space for large organisation ✔Independent air-conditioning system facilitates flexible operating hours 20 Cecil Street (PLUS), Downtown Singapore “Rare Grade A Strata Office in Downtown Singapore” 20 Cecil Street (aka Plus Building) is one of the very few Grade A Office Buildings in Downtown Singapore offering Office Units with Strata Titles for Sale. While there are many Grade A Buildings in Singapore, very few offers investors or companies to own for lease or own use. Vvarious levels at 20 Cecil Street, are for sale at a guide price of $100 million, or averagely $3,143 psf on strata area. If the units are purchased individually, the individual unit price starts from $2.4 million. The portfolio of office units has a total strata area of about 31,979 sq ft, with individual strata units ranging from 786 sq ft to 2,303 sq ft.

The strata units at 20 Cecil Street present a rare investment opportunity for investors looking to buy Grade-A offices within the 600-1,300 sq ft range. It is not often that you can find individual Grade-A strata offices for sale within the CBD, let alone units of this size. 20 Cecil Street is located at the junction of Cecil Street and Church Street. It is within walking proximity to Raffles Place MRT Interchange Station on the North-South and East-West Lines, and Telok Ayer MRT Station on the Downtown Line. Current Occupants Some of the esteemed companies that are operating in 20 Cecil are: - Genesis Healthcare Asia Pte Ltd - Straits Bunkering - Altis Group Pte Ltd - MySteel Global Pte Ltd - Axiom Global Pte Ltd - LWK & Partners Singapore Pte Ltd - Witech International Pte Ltd - Conduit Securities Pte Ltd Powerzeit IP Investment Management - Singapore Mining & Trading Pte Ltd - Maxwin Energy Pte Ltd - Ambit Singapore Pte Ltd - Association of Energy and Commodities of Singapore - BDO Unibank, Inc TypeDescriptionsProject Name20 Cecil StreetDeveloper Name/ SellerPlaza Ventures Pte Ltd (Capitaland)Location20 Cecil Street, Singapore 049705Tenure of Land99-year commencing from 7 December 1989Expected Date of Completion (T.O.P.)Completed. Site areaApprox. 2,177 sqm (23,433 sqft)Total No. of Units259 Strata Units, 21 Retails Shops in 1 block 28 Storeys. * 1st and 2nd Storeys: Retail * 3rd to 28th Storeys: Offices 5 passenger lifts serve levels 3 to 15 5 passenger lifts serve levels 16 to 28 #01 stack (till level 15) with private liftCar Park Lots86 lots (every 3,500 sq ft will be entitled to 1 lot) S$380/mth for tenant, subject to GST S$450/mth for non-tenant, subject to GST 20 Cecil Street (PLUS) Updated Fact Sheet

The building has had many identities over the years. Since September 2019, 20 Cecil Street has been owned by a private fund managed by CapitaLand. It had paid over $500 million ($2,320 psf) for Plaza Ventures, the holding company that owns the commercial tower located at 20 Cecil Street. Name changes over the years The previous owner, Hong Kong-listed Fullshare Holdings, a real estate developer based in Nanjing, China — chaired by Chinese billionaire Ji Changqun — in turn paid $725.2 million ($2,900 psf) for Plaza Ventures back in February 2017. It was Fullshare that had renamed the building PLUS. Prior to that, the tower was called GSH Plaza. It bore that name following the purchase by a consortium led by Singapore-listed GSH Corp, controlled by Singaporean businessman Sam Goi, for $550 million in 2014. The consortium was made up of GSH Corp (51% stake), together with Vibrant DB2 (35%) and Goi’s private investment vehicle, TYJ Group (14%). The consortium was called Plaza Ventures. The $550 million price tag in 2014 translated to $2,181 psf, based on the net lettable area of 252,000 sq ft then. In its earlier incarnation, the building was known as Equity Plaza from 2003 to 2014. For much of the 1990s, it was the headquarters of the Stock Exchange of Singapore: first, it was named the Stock Exchange of Singapore from January 1994 to November 1999, and then Singapore Exchange from December 1999 to November 2001. When the Stock Exchange moved to its new headquarters at SGX Centre on Shenton Way, the building at 20 Cecil Street was renamed Equity Plaza. The 99-year, leasehold building has a lease from 1989, hence there are 77 years left on the lease. The building was developed by Keppel Land and completed in 1992. It was jointly owned by Keppel Land and its fund management arm, Alpha Investment Partners (AIP), before it was sold in 2014. $100 million makeover For much of the 22 years, when it was under the ownership of Keppel Land and AIP, the building bore a reddish brown façade. Following its acquisition by Plaza Ventures, the building underwent a $100 million refurbishment, which included retrofitting the interiors to be in line with contemporary Grade-A office towers. After the makeover, the building now has a new curved, blue glass cladding; a new lobby; and a driveway. It was Plaza Ventures that sub-divided the offices on the third to 28th floors into 259 strata-titled units. The first two floors were carved up into 21 strata shops. GSH Corp sold some of the strata office units, and purchased the penthouse floors for its own use. DB2 purchased the entire portfolio of retail units on the first two levels of the building prior to the sale to Fullshare. The 27 office units that were released for sale recently are located on the fourth, fifth, ninth and 17th floors. According to Savills’ Yap, there are only 56 strata office units for sale within the building. CapitaLand’s private fund intends to hold the other whole floor units for lease. For other levels/ bulk purchases, please talk to us ✅ Rare Prime Grade A Strata Office Units available for sale (as there is a very limited supply of Grade A Office Spaces in CBD) ✅ Premium Location in Downtown Singapore ✅ Only 56 office units released for sale (some are tenanted, some are vacant) ✅ Different layout configurations (with the option to amalgamate) to meet every need ✅ An Independent air-conditioning system facilitates flexible operating hours ✅ The only strata office unit on sale within steps from Raffles Place MRT Station ✅ Highly desirable location for MNCs, Financial Institutions, and Regional Offices ✅ Easy access to major transport networks and expressways ✅ Few minutes drive to Orchard Shopping Belt, Beach Road and ✅ Marina Bay Financial Area is within walking distance ✅ Lofty open space lobby with security access ✅ Advanced security systems ✅ A 24-hour CCTV surveillance system Much Savings On one side of the coin, you are saving on Energy costs with individual air-conditioning units. These are high in demand for those who operate internationally and outside office hours. Transport costs. Easy meet up with similar-minded companies (or suppliers) nearby and the convenient sheltered access to Singapore MRT network via Raffles Place MRT Station. Positioning On the other side, you provide Customer and Staff Convenience with a location that every executive in Singapore knows, many different types of food choices, and easy accessibility. With a tight manpower market, you will also be able to attract specialist skills to be in a similar location. That is also the strength of CBD which holds the heart of the financial hub. Plus at 20 Cecil provides absolute Business luxury brings the pride and status of a Grade A office in Downtown Singapore, with an impressive drop off area and lobby, security system, and the modernity of each unit. Physical Flexibility The floor plate of Plus 20 Cecil was designed to be very flexible for buyers to purchase. Sizes range from 700 to 3,000 sqft. The size of one-floor plate is around 10,269 sqft (954 sqm). Units can be combined easily.

Ready for The Future

The government is providing many incentives and transforming the CBD to be an excellent place to work, live, and play via the Master Plan 2019. These enhancements will bring higher value to the current properties.

Available for Viewing

The opportunity to own a Grade A Office Space in Downtown Singapore is here and ready for you. Do contact us for viewing and let us explain the Grade A Office environment in Singapore so that you can make an informed decision. Viewing is strictly by appointment only.

20 Cecil Street is a prestigious commercial and office tower in the heart of Singapore’s CBD, which is currently undergoing a massive urban gentrification with numerous upcoming mixed-use developments to continue adding the vibrancy into the quarter. Strategically situated above the Raffles Place MRT Interchange Station (EW14/NS26) and mere minutes away from Telok Ayer MRT Station (DT18), 20 Cecil Street offers seamless connectivity via public transportation. The property benefits from its close proximity to major expressways including the East Coast Parkway (ECP) and Marina Coastal Expressway (MCE).

20 Cecil Street Location Map 20 Cecil Street’s location presents itself as a monument to convenience and accessibility, as it is situated near global financial institutions, regional and multinational companies, as well as retail, cultural and entertainment hotspots – the perfect way to mix business with pleasure. Marina Bay Sands, Gardens by the Bay, and the shopping precincts of Raffles City and Marina Square are close by, offering a myriad of dining, entertainment, shopping and leisure options. Trains (MRT) • RAFFLES PLACE MRT 90m Groceries/ Shopping • Far East Square 0.24 km Marina Bay Link Mall 0.27 km China Square Central 0.4 km Schools • Cantonment Primary 1.44 km • School Of The Arts, Singapore 1.83 km

Standing tall at Cecil Street like a titan of glass and steel, the facade of Plus at 20 Cecil is distinctively majestic and timelessly modern. Even with a glance, any lookers will know that this is a solid office building for top companies. It was refurbished a few years ago so that the touch and feel of Plus at 20 Cecil are chic, modern, and timeless.

Buildings Specification 1. Structure Raft foundation with reinforced concrete structure 2. Walls a. external Walls: Concrete and/or Masonry walls and/or Pre-cast and/ or Aluminium & Glazing Wall cladding b. Internal Walls: Concrete and/or masonry and/or partition wall 3. Roof Reinforced concrete flat roof with waterproofing system with or without insulation 4. Ceiling All ceiling with skim coat unless otherwise stated. Ceiling board with painted finishes to corridors, main lobby and lift lobby. 5. Finishes a. Wall: Masonry and/or dry partition wall plastered and paint. Imported tiles to washroom, lift lobby and corridors. Plastered and paint to basement wall. b. Floor: Cement rendered finishes to all units unless otherwise stated. Imported tiles to washroom, lift lobby and corridors. Epoxy paint finish to basement carpark and driveway. 6. Windows Office Unit: Window and/or Casement Window with Aluminium frame (where applicable) Double Glazed glass and/or Double Glazed Safety glass (where applicable) 7. Doors Office Unit: Glass and/or timber doors and PSB’s approved fire-rated doors where applicable. 8. Ironmongery Office, Shop, Restaurant Unit: Imported good quality ironmongery 9. Sanitary Fittings Office Unit: Imported good quality sanitary wares, fittings and accessories (To applicable units only) 10. Electrical installation 415V three phase isolator for shop, restaurant and office units. 11. Air-conditioning System and Mechanical Ventilation Individual Air-conditioning system provided for shop, restaurant and office units. Air-conditioning system provided to all lobbies and corridors. Mechanical Ventilation will be provided if required. 12. Lifts Lift to all floors 13. Telecommunication Services Provision of Cable network Each unit will be provided with the telephone block terminal 14. Lighting Protection Lightning Protection System shall be provided in accordance with Singapore Standard 555: 2010 15. Waterproofing Office Unit: Waterproofing to unit washrooms Shop, Restaurant Unit: Nil Common Areas: Waterproofing to common Toilets, Pantry, Bin Centre and Reinforced Concrete Roof 16. Driveway Stone paving to designated 1st Storey areas of driveway 17. Security Control Card Access control system to selected locations Proximity transponder for vehicular entry at entrances CCTV, surveillance cameras at strategic locations 19. Floor Loading The maximum allowable floor loading for Office Units (3rd to 28th Storey) is 4.0kN/m2 Level for Sales:

Level 4

Level 5

Level 9

Level 17

Read the full article

#Commercial/IndustrialProperty #District01Property

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akashkumar01 · 10 days

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A Comprehensive Look Into Singapore's Yoga Programs with Kiya Learning

Singapore is a thriving city-state that is home to numerous distinct cultures and customs. It is a beehive of trade and technology. Among the many pastimes and spiritual traditions that have become Yoga Classes popular in Singapore, yoga stands out as a highly appreciated form of exercise and mindfulness. When more Singaporeans become aware of the many advantages of yoga and the growing demand for high-quality yoga education, a growing array of yoga Classes in Singapore and schools have opened up throughout the island. Acknowledged for its commitment to comprehensive education, Kiya Learning has entered the yoga industry and is now providing a range of exercises to accommodate students of all levels of experience. The author of offers a thorough examination of the yoga community in Singapore .

An Overview of the Yoga Classes at Kiya Learning

Kiya Learning, an a company famed for its broad selection of educational programs, is including yoga into its Yoga Classeescurriculum, realizing the profound impact it can have on someone's physical, mental, and emotional state of health. Kiya Learning's yoga lessons are designed with a focus on traditional yoga concepts combined with modern teaching approaches to provide students a well-rounded and rewarding experience. Regardless of your level of experience or desire to improve your yoga practice, Kiya Learning offers classes that are customized to meet your unique needs and preferences.

Kinds of Yoga Courses Kiya Learning Offers

The yoga curriculum offered by Kiya Learning fits pupils with a range of objectives and interests by covering a wide range of yoga styles and practices. Some the necessary yoga lessons that Kiya Learning offer are:

Restorative Yoga: Restorative yoga focuses on relaxation and rejuvenation, utilizing props like bolsters, blankets, and blocks to support the body in gentle postures. It's an excellent practice for stress relief, healing, and overall well-being.

Meditation and Mindfulness: In addition to physical yoga practices, Kiya Learning also offers meditation and mindfulness classes to help students cultivate mental clarity, emotional balance, and inner peace

Teaching Methodology and Approach

The qualified and skilled teachers at Kiya Learning are enthusiastic about introducing people to the life-changing benefits of yoga Classes in Singapore . Students are encouraged to explore and honor the limitations and talents of their bodies in a supportive and nonjudgmental setting in the classroom. In order to guarantee a secure and productive practice for every student, Kiya Learning places a strong emphasis on alignment alignment, breath awareness, and mindfulness in every lesson.

Advantages of Yoga Training with Kiya Learning

Better Physical Health: Consistent yoga practice can enhance one's strength, endurance, flexibility, and general physical health. Additionally, it can strengthen the immune system, enhance posture, and reduce chronic pain.

Enhanced Mental Health: Yoga is a mental and emotional journey as much as a physical exercise. Yoga promotes mental clarity, attention, and resilience while lowering stress, anxiety, and depression through mindfulness, meditation, and breathwork.

Community and Connection: Like-minded people can gather, exchange experiences, and form a strong community by taking yoga sessions at Kiya Learning. Everyone is appreciated and welcomed there, regardless of their age, gender, or degree of fitness.

Holistic Self-Care: Yoga emphasizes the interdependence of the body, mind, and spirit and supports a holistic approach to self-care.

Conclusion

In conclusion, it is undeniable that yoga has made a big name for itself in Singapore's dynamic and varied wellness scene. Yoga may completely change people's life and promote a deeper sense of harmony, balance, and inner peace with its numerous physical, mental, and emotional advantages. The dedication of Kiya Learning to offering high-quality yoga Classes in Singapore instruction increases the allure and accessibility of this age-old discipline, making it simpler for people all around Singapore to start practicing yoga and discover the life-changing benefits of it for themselves. Kiya Learning's yoga courses provide an inviting and open environment for everyone to thrive and develop, whether your goals are to discover a new pastime, improve your mental health, or increase your physical fitness. So why hold off? Set out on your yoga adventure.

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themarketinsights · 5 months

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Financial Close Management Software Market to see Booming Business Sentiments

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Financial close management software, also known as accounting close software, provides tools that companies can use to complete the financial close cycle. Many organizations do a financial close at the end of each month. During this time, accountants within an organization use this software to ensure that the books are correct and that all transactions have been completed successfully. Tasks such as invoice payment and delivery cost approval, and lead import is listed in checklists and ticked off after completion. Financial Close products often include features such as task assignment, reconciliation management, reporting, and databases of previous accounting closing data organized by month and transaction type. Individual progress, as well as deadlines for each period, can also hereby be tracked by the accounting team throughout the complete cycle. These tools typically integrate with spreadsheets and various accounting tools so that users can fully document relevant data and identify notable results or inconsistencies. They can also be integrated with or delivered with other corporate performance management (CPM) functions, e.g. financial consolidation or budgeting and forecasting.

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cryptofansty · 6 months

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Digifinex: OpenSea Cuts Workforce in Half and Shifts Direction with New Foundation

OpenSea, a prominent NFT marketplace, is undergoing a significant transformation that involves reducing its workforce by half. The company’s co-founder and CEO, Devin Finzer, announced this strategic shift on social media, explaining that OpenSea is establishing a new foundation to encourage innovation. This change necessitates transitioning to a smaller, more closely connected team with users.

Finzer acknowledged that OpenSea’s redirection stems from feedback received from users, who perceived the company as more of a “follower than a leader.” He emphasized the company’s desire to move swiftly, with a focus on quality and conviction, to make more substantial contributions. Finzer also assured the community that while they embark on this rebuilding phase, they will continue to support their existing products and progressively test OpenSea 2.0 in the public domain, remaining adaptable, attentive, and dedicated to their mission.

To support the affected employees during this transition, OpenSea will provide four months of severance pay and additional benefits. The company’s new organizational structure will be flatter, with fewer middle managers.

OpenSea’s decision to transform its operations comes as it aims to regain lost market share to competing NFT platforms like Blur.io. Previously holding over 73% of the NFT marketplace volume in October 2022, OpenSea’s market share has dwindled to 18% as of November 3, according to data from The Block’s Data Dashboard.

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About DigiFinex

DigiFinex, originating from Singapore and established in 2017, is a leading global cryptocurrency exchange. Upholding the values of diversity, integrity, and trustworthiness, DigiFinex provides users with secure 24/7 services for buying, selling, trading, storing, and staking cryptocurrencies.

#btc #web3

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ailtrahq · 7 months

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ABC Conclave is set to gather blockchain enthusiasts, industry leaders, and innovators from around the globe on 7-8 October 2023 at the prestigious Dubai World Trade Centre. This immersive event will provide a unique platform for collaboration, education, and exploration of the latest trends in blockchain, cryptocurrencies, NFTs, DeFi, and Web3 technologies. With the blockchain industry evolving at an unprecedented pace, ABC Conclave aims to bring together the brightest minds and disruptive projects to drive innovation and shape the future of decentralized technologies. The event will feature an extensive lineup of expert speakers, interactive workshops, panel discussions, and networking opportunities to foster knowledge-sharing and strategic partnerships. Attendees can expect diverse activities, including thought-provoking presentations by industry visionaries, engaging panel discussions on cutting-edge topics, hands-on workshops, and live demonstrations of blockchain solutions. The event will also showcase the fusion of Web2 and Web3 gaming through exhilarating Esports tournaments, thrilling hackathon, exclusive FOMO lounge access to establish impactful relationships with key industry players, ABC Awards ceremony to honor the trailblazers who have made exceptional contributions to the field, as well as an array of engaging Side Events and Workshops, creating an unforgettable experience for the 3000+ Web3 community under the roof of the grand stage at the Address Dubai Marina. “I believe that the most exciting progress happens when creative minds come together. With the diverse and talented lineup at ABC Conclave 2023, I’m confident that many great ideas will take root right here,” says Mary Pedler, Founder of INPUT, a communications agency elevating tech and VC brands, and the moderator of “Forging a Blockchain Oasis; Unveiling the Latest Trends in the Blockchain Landscape” panel. ABC Conclave 2023 features an impressive lineup of renowned industry speakers, including:- Ahmed Elmetwally, CEO / General Manager, Private Office of Sheikh Mohamed Bin Ahmed Bin Hamadan Al Nahyan, UAE Carmelo Milian, Founder and CEO, Polkacity, USA Mohammed AlKaff AlHashmi, Co-founder, Islamic Coin, UAE Dr. Zayed Al Hemairy, Blockchain, Cryptocurrency & ICO Expert, Bitcoin Inc, UAE Alex Chehade, Executive Director and General Manager, Binance, UAE Igor Bershadsky, Director of Business Development & Partnerships, Hacken, UAE Haidy Riad, Financial Economist & Consultant, McKinsey & Company, KSA Khushboo Gehi, Gold Coding Ambassador, Digital Economy and Remote Work Applications Office, UAE Mary Pedler, Founder, Input Communications Agency, UAE George Chivi, Head Of Partnerships, Smart Token Labs, UAE Ali Safri, CTO (AI and Metaverse), Avanza, UAE Mohamed Roushdy, Senior Consultant – Digital Transformation and Fintech, IFC – International Finance Corporation, UAE Vadim Krekotin, Founding Partner, Cryptomeria Capital, UAE Ashish Kumar Singh, Vice President, Expand My Business, UAE Akina Ho, Co-founder, Global Head of Business Consultancy, and Head of Asia Pacific Chapter, AllStarsWomen DAO, Singapore Malik Khan Kotadia, Co-founder and Chairman, Finnovation Labs Private Limited, Manila Sunil Sharma, CEO, SquadX & Coingape, India Dr. Jane Thomason, Inaugural Chair, Organization: World Metaverse Council, Australia Tim Mangnall, Founder & CEO, Capital Block, UAE Matthias Mende, Co-Founder, Dubai Blockchain Center, UAE Cristina Ceban, Founder, Women Do Crypto, UAE Charlie Hu, Lucid Blue Ventures, UAE Arpit Sharma, Managing Director of SE Asia & MENA Near Foundation, UAE Marcello Mari, Founder & CEO of Singularity DAO, UAE Farkhad Shagulyamov, Founder & CEO of Velas Network, UAE Bruce Porter Jr., CEO of Global Boost/Impact Protocol and founder of Washington Elite, USA Rudy Shoushany, Founder, Producer, Dx Talks & Crypto Talks, UAE Shailesh Kunnath, Co-Founder, Masary Capital, UAE Ravindra Kumar, Frontier Wallet, India BK Raj, Founder and Director of Scallop Group, UAE

Aaron T, Octopus Network, UAE Ramani Ramachandran, Founder & CEO of Router Protocol, India Tobais Bauer, Principal, BFF, Singapore Preetam Rao, CEO & Co-Founder, QuillAudits, India Harrison Goldsmith, CEO, Kernel Ventures, Singapore Geoff McAlister, MD, Hex Trust, UAE Catie Romero, Founder and CEO of BABs Labs, USA, to name a few. Our distinguished speakers will share their expertise, insights, and visions for the future of blockchain technology. Their sessions will cover a diverse range of topics, including decentralized finance (DeFi), non-fungible tokens (NFTs), smart contracts, and the evolution of Web3. ABC Conclave is proud to have the support of leading sponsors who share our vision of advancing the blockchain ecosystem. These strategic partners will gain unparalleled exposure to a global audience, showcasing their products and services and forging valuable connections within the industry. As a participant at ABC Conclave, you will have the opportunity to explore the latest innovations, gain insights from industry experts, and connect with like-minded individuals who are driving change in the blockchain space. Whether you’re an investor, developer, entrepreneur, or simply curious about the potential of blockchain technology, ABC Conclave offers a vibrant environment to expand your knowledge, network, and business opportunities. “Web3 is more than a technology; it’s a revolution. At ABC Conclave, we’re not just hosting an event; we’re creating a platform for this revolution to grow and thrive. We’re bringing together the brightest minds in blockchain, digital assets, and fintech from across the globe for a two-day immersive experience in the heart of Dubai. From Web3 Conclave and high-stakes Esports tournaments to groundbreaking hackathons, ABC Conclave is a celebration of the diverse and dynamic spirit of the web3 community”. – Kirubakaran Reddy, Founder & CEO, Alphablockz. Book your tickets today and secure your place at this landmark event. Take advantage of the limited-time Early bird discounts and be among the first to experience cutting-edge technologies, innovative projects, and exciting opportunities in the blockchain industry. Get ready to embark on an incredible journey of knowledge, networking, and growth. Hurry! Apply the code “ABCADDRESS” to grab complimentary Business tickets or a 50% discount on our VIP tickets using the code, applicable until seats last. If you are a VC, media partner, C-level executive, or prospective sponsor interested in being part of our groundbreaking event, inquire now: . Secure your spot at the #ABCDXB today and become a driving force for change in the blockchain industry: . We look forward to welcoming you to ABC Conclave 2023 and joining forces to shape the future of blockchain technology. About ABC Conclave ABC Conclave is a premier global platform dedicated to showcasing the latest advancements, trends, and insights in the Web 3.0, Blockchain, and Crypto space. It promises an exceptional lineup of esteemed Speakers, cutting-edge Projects, and esteemed Partners. The Dubai edition is assembling top-tier executives, including CEOs, CTOs, CIOs, Chief Digital Officers, Heads of Innovation, and prominent experts from the web3, blockchain, and metaverse sectors. This exclusive B2B and B2C gathering will provide a unique opportunity to connect with thought leaders, innovators, and decision-makers driving advancements in these transformative technologies. The conference offers a platform for insightful discussions, networking, and exploring new opportunities within the crypto ecosystem. Fostering innovation and driving the adoption of decentralized technologies worldwide to shape the future of blockchain technology. This extraordinary event combines Gaming and e-sports tournaments, attracting a diverse audience of over 3000+ web3 attendees from across the globe. The event will feature a thrilling dev hackathon ABC Awards ceremony and an array of engaging Side Events and Workshops.

Join us at ABC Conclave for an unparalleled celebration of the Web3 industry’s innovation and potential. For more information, visit:

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attud-com · 8 months

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#HSBC #onlinefooddelivery #Singapore #SoftBank #SoftBanktoFullyExitZomato #SVFGrowthFund #TigerGlobal #TigerGlobalManagement #Zomato

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blogynews · 8 months

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"Discover the Mind-Boggling Secret: Who's Selling ₹947 Cr Worth of Zomato Shares?"

Shares worth ₹947 crore of online food delivery platform Zomato were traded on Wednesday, accounting for 1.17% of the company’s equity. It is believed that SoftBank’s SVF Growth Fund was the seller in this transaction. SVF Growth Fund was expected to sell 10 crore shares or 1.17% of Zomato’s total equity at a price of ₹94 per share through block deals. Previously, SVF Growth (Singapore) Pte. Ltd.…

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blogynewz · 8 months

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"Discover the Mind-Boggling Secret: Who's Selling ₹947 Cr Worth of Zomato Shares?"

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blogynewsz · 8 months

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"Discover the Mind-Boggling Secret: Who's Selling ₹947 Cr Worth of Zomato Shares?"

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gadgetsforusesblog · 1 year

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Big Afternoon Moving Stocks: MU, PXD, SQ, AMC

A general view of the Micron Technology building in Singapore, June 23, 2020. Micron GCM Studio | reuters Check out the companies making headlines in Monday’s trading. block Shares of the payments stock declined 2.58% on Monday after the market outperformed by KBW. The firm cited pressures to “start adding smaller risks,” including potential regulatory scrutiny of its Cash App business. Tesla –…

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edelstahlviratiberica · 2 months

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Intro: EDELSTAHL VIRAT IBERICA in Portugal

An emerging importer Exporter, Supplier & Stockiest of Tool steel, Die & Mold Steels, Recycling products etc.

Tool Steel & Mold Steel Products:

Scrap / Recycling Products:

Our business scope in B2B and B2C at many stages (finish products, scrap and recycling products, etc.), set us apart from other companies in this sector.

New Development in Special Steels, Recycled Products and Machine tools etc.

TO LEARN MORE >> https://moldsteel.eu/

WhatsApp Chat: +351-920016150 Email: [email protected]

#europe #porto #portugal #din2738 #edelstashlviratibrica #oportunidades #viratsteels #empresas #b2b #agricultura #moldsteel #edelstahl #toolsteelsupplier #business #scrap #hms1 #recylcing

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mysgprop-cstee · 7 days

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Midtown Bay @Bugis by GuocoLand

Midtown Bay @Bugis (滨海名汇)

Midtown Bay Set To Be A Game Changer In Beach Road 1Br 409~484sf From $1,598,000 2Br 732~775sf From $2,468,000 2Br Duplex 990~1,152sf From $3,018,000 3Br Duplex 1,324sf From $4,714,000 ✅80,000sqft of Facilities & Ameneties ( Swimming Pool, Jogging Track, Fitness, Etc). ✅Access to Networking Space, Private Dining & Event Hall of up to 200 Pax Capacity. ✅Access to Private Office Suites, Co-Working Space, Meeting & Conference Facilities. ✅ 5-min walk to Bugis MRT Station ✅ Mixed development with Grade-A office, residential, F&B outlets & public place ✅ Connect to four MRT lines ✅ New Direct Sheltred Link to Suntec City https://youtu.be/kWUbzFbKwhY A Place Of The Magnificent Life

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Fact Sheet Unique Features: Location Map What's Nearby? Floor Plan & Virtual Tour Unit Mixes: Balanced Units & Price Official E-Brochure

Guoco's Midtown (国浩时代城) at 120 Beach Road will feature a 30-storey Grade-A office block, a residential tower, conserved former Beach Road Police Station which will house food and beverage outlets and boutique offices as well as public spaces such as City Room, Market Place, Green Spaces. Seawater street comprises low-rise retail and restaurants. This development has a total gross floor area of approximately 950,000 sq ft and a land size of approximately 226,330 sq ft. Designed by a renowned Architect, the architecture is the embodiment of a city’s ambition; its history and its transformation. Midtown Bay (海滨名汇) is the residential tower in Guoco's Midwtown. It is a 33-storey residential tower with a total of 219 units. Guoco Midtown offers is in the vibrant district of Beach Road with high concentration exciting mix of shopping, cultural places, prime corporate offices, entertainment facilities, amenities and more. Once completed in 2022, it will be a game changer which rejuvenates the Beach Road district connecting to other major offices in City Hal, Marina Bay and Bugis. The integrated development is served by four MRT lines with a direct underground link to Bugis Interchange. Each home is impeccably finished with top of the line materials and fittings, a reflection of the distinctive aesthetics that Guoco Midtown Residence offers. With the four level of amenities, from the hotel-inspired concierge service and the stunning infinity pool, to the private library and breathtaking observation deck, Midtown Bay is a tower which stands apart. Residents will get to enjoy the quality of the life one experiences here. Access to education is not an issue as Midtown Bay is located close to some of Singapore’s elite and well regarded educational institutions such as Singapore Management University, School of the Arts (SOTA) and Farrer Park Primary School. There are many more such premier institutions which provide world class education situated at a commutable distance from our Midtown Bay. This paves way for your children to receive quality education. Fact Sheet Type DescriptionsProject Name Midtown Bay by GuocoLand (滨海名汇)Developer NameGuocoland LimitedLocation120 Beach Road (District 07)Tenure of Land99-years leaseholdExpected Date of Completion (T.O.P.) Dec 2023Site area 226,333 SqftTotal No. of Units 219 units aparment (Mixed Development with Grade A Offices, Retail and F&B)Car Park175 Lots reserved for residential (Season Parking)

Listed on the Singapore Exchange Securities Trading Limited since 1978, GuocoLand Limited ("GuocoLand") is a premier regional property company with operations in the geographical markets of Singapore, China, Malaysia, and Vietnam. In 2017, GuocoLand marked its expansion beyond Asia into the new markets of the United Kingdom and Australia through a strategic partnership with Eco World Development Group Berhad in Eco World International Berhad. Headquartered in Singapore, the principal business activities of GuocoLand and its subsidiaries (“the Group”) are property development, property investment, hotel operations, and property management, and it is focused on achieving scalability, sustainability, and growth in its core markets. The Group’s portfolio comprises of residential, hospitality, commercial, retail and integrated developments spanning across the region. As of 30 June 2018, the Group’s total assets amounted to $10.5 billion. In Singapore, the Group has successfully developed 35 residential projects yielding approximately 10,000 apartments and homes. GuocoLand’s flagship integrated mixed-use development Tanjong Pagar Centre, integrates premium Grade A offices at Guoco Tower, a dynamic lifestyle and F& B retail space, luxurious apartments at Wallich Residence, the 5-star business hotel Sofitel Singapore City Centre and a landscaped urban park. It has also developed a sizeable portfolio of properties spanning across the major cities of Beijing, Shanghai, Nanjing, and Tianjin. The Group’s 65% owned subsidiary, GuocoLand (Malaysia) Berhad (which is listed on Bursa Malaysia), is an established property developer of community-centric residential townships and innovative commercial and integrated development projects in Malaysia. Unique Features: - A mixed-use development that comprises premium Grade A office space, public and retail spaces, exclusive residences, and the former Beach Road Police Station, a conserved building - Located within Central Business District, at the intersection of two key development corridors along Beach Road and Ophir-Rochor Road - Key connector between 3 office micromarkets – City Hall, Marina Centre & Bugis - Served by four MRT lines and Nicoll Highway, as well as the North-South Expressway in the future - It will rejuvenate the Beach Road by being the final critical piece of jigsaw that completes the transformation of the precinct - It will introduce innovative and futuristic concept for Grade A office and re-define the way that landlords partner office tenants - It will foster community street life by providing a series of community spaces that can adapt and cater to different public activities and events - It will introduce a new way of luxury city living in response to the growing integration of live, work and play

Location Map

Midtown Bay is situated along Beach Road in district 7 of Singapore. It is close to Bugis MRT Station, Nicoll Highway and East Coast Parkway. Amenities and schools in the vicinity include Bugis Junction, Bugis +, Marina Square, Farrer Park Primary School, Singapore Management University and many more.

What's Nearby? Nearest MRT - BUGIS MRT DT14 EW12 440m - PROMENADE MRT CC4 DT15 530m Schools - Stamford Primary 720m - School Of The Arts 1.07 km - St. Margaret's Primary 1.48 km Shopping & Groceries SHAW TOWERS 200m BUGIS POINT 270m Bugis Junction 350m Read the full article

#CondoTOP2024 #District07Property #SingaporeCondoNearMRT

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blockgeni · 1 year

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In an effort to collect money to repay the creditors of its bankrupt lending arm, the crypto behemoth Digital Currency Group has started to sell shares in many of its most coveted cryptocurrency funds at a significant discount. According to US securities filings, SoftBank-backed DCG has begun to sell off its stakes in a number of investment vehicles managed by its subsidiary Grayscale. The decision to sell the assets highlights DCG's financial challenges as it works to raise money to maintain the defunct lending businesses operated by cryptocurrency broker Genesis while attempting to protect its most cash-generative divisions. Connecticut-based DCG, established in 2015 by former banker Barry Silbert, is one of the biggest and most experienced investors in cryptocurrency projects and companies. SoftBank, Singapore's government wealth fund GIC, and Alphabet's venture arm CapitalG are among the investors who support it. The asset management division of DCG, known as Grayscale, is crucial because it generates hundreds of millions of dollars in annual revenue from lucrative fees for managing sizable pools of bitcoin, ether, and other cryptocurrencies in funds that investors can invest in and purchase shares of through their brokerage accounts. Even though the shares have dropped to significant discounts from the underlying value of the cryptocurrency they hold over the previous two years, DCG is selling ownership in one of Grayscale's largest trusts. It is looking to raise capital after the lending divisions of Genesis, its cryptocurrency broker, filed for bankruptcy in January, becoming the most significant enterprise to fail in the space since Sam Bankman-FTX Fried's exchange rocked the market in digital assets. The US group has been making efforts to pay back its creditors more than $3 billion, and it has been engaged in a public fight with the Winklevoss twins' Gemini exchange on the debts. The business hired bankers from Lazard last month to assist in the sale of its trading news website CoinDesk in order to generate additional capital. The Financial Times earlier reported that it is also looking to sell off some of its $500 million venture portfolio. After months of discussions, DCG and Genesis' principal creditors, including Gemini, came to an arrangement on Monday. According to Cameron Winklevoss, This strategy is a crucial step towards a considerable recovery of assets. Grayscale's ethereum fund has been the subject of DCG's most recent share sales, where the company sought to sell approximately a quarter of its stock to raise as much as $22mn in various trades since January 24, per the filings. Despite each share purporting to contain $16 worth of ether, the company is trading at around $8 per share. Simply put, this is a part of their ongoing portfolio rebalancing, according to DCG. For the fiscal year that ended in September, Grayscale made $209 million from the 2.5 percent management fee it received on the 3 million ether held in trust. According to documents given by The Washington Service, DCG last sold Ethereum Trust shares in 2021, when the investment vehicle traded almost exactly at its net asset value. The shares currently trade for only 50% of the value of the ethereum coin they represent. About 3% of all bitcoin, worth $14.7 billion, are held in its flagship bitcoin trust, from which Grayscale receives a 2% fee. According to securities filings, it made $303 million in fees on the bitcoin trust in the first nine months of 2022. According to the documents, DCG has also taken action to sell off smaller blocks of shares in Grayscale's Litecoin Trust, Bitcoin Cash Trust, Ethereum Classic Trust, and Digital Large Cap Fund. The group forbids investors from exchanging their shares for the coins held in the trusts, which would aid in bridging the significant differences in net asset values. The US Securities and Exchange Commission is being sued by Grayscale for preventing

the development of a spot bitcoin ETF, which it claims would benefit investors and permit redemptions. Ram Ahluwalia, CEO of Lumida Wealth, stated that DCG faces a trade-off: they could allow redemptions and offer liquidity at par value, including for their own holdings, but they're better off not doing it because they make so much money from the management fees. Closing the discount would mean sacrificing this source of income. The shares in Grayscale's trusts traded at a significant premium to the value of the coins they held before cryptocurrency was widely exchanged through reliable exchanges, encouraging holders of bitcoin and ethereum to convert their coins for stakes in the Grayscale vehicles. Source link

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