Ficus Capital leads the charge into Web3 with investment in Morpheus Labs

  • Expanding into Malaysia and Indonesia will be fueled by cash.
  • Additionally, Startup Five Investment participated in the pre-agreement as an beginning trader.

Ficus Capital, an ESG-compliant Islamic venture capital firm, has announced a strategic investment of US$ 430,000 ( RM1. 9 million ) in Morpheus Labs, a Singapore-based AI-powered Web3 implementation program, as part of its Pre-A money square.

This expense, made through Ficus’s premier Ficus SEA Fund, aims to support Morpheus Labs in simplifying bitcoin execution, enabling businesses and developers to create, deploy, and control decentralised applications more quickly. By reducing time-to-market and streamlining processes, Morpheus Labs is driving development in the Web3 place.

According to Custom Market Insights, the world Web3 market is projected to grow from US$ 4. 8 billion ( RM21 billion ) in 2021 to US$ 69 billion ( RM30 billion ) by 2030, at a compound annual growth rate ( CAGR ) of 68 %, underscoring the rapid expansion and opportunities in this sector.

Rina Neoh, managing partner of Ficus Capital, said: “Our funding in Morpheus Labs reflects our opinion in the transformative potential of Web3 and our trust in the business ’s ability to lead this trend. Their extensive software and ecosystem-first approach align with our vision of fostering green, flexible, and effective industrial solutions. ”

Morpheus Labs is an award-winning head in the Web3 room, offering an AI-powered software that simplifies Web3 deployment for firms and designers. Its essential features include:

  • Smart Contract Studio, which makes it simple to use AI to create intelligent deals.
  • Workflow Studio, a drag-and-drop resource for integrating Web3 capabilities into existing systems.
  • In order to speed up the creation of decentralized applications (dApps ), Web Studio ( UI/UX) offers customisable templates.

Pei-Han Chuang ( pic ), founder and CEO of Morpheus Labs, said: “Ficus’s investment is pivotal in fuelling our growth and expanding our capabilities in the Web3 space. With their help, we are also expanding into important markets like Malaysia and Indonesia, where a fresh, tech-savvy community is driving online implementation.

“Ficus Capital’s responsibility as an ESG-i VC aligns completely with our objective to encourage decentralisation and diversity. As we strive to provide visible and sustainable bitcoin answers, their emphasis on Shariah-compliant ESG investing is in sync with our principles. Additionally, Ficus’s involvement in this round enhances our access to the Malaysian market and its growing technology ecosystem, ” he added.

In addition to Ficus Capital’s purchase, Startup Five Investment, a store account and part of AVA Angels specialising in electronic change, ESG, and Web3 investments, has even joined the Pre-A round as an early investor, following Ficus’s lead. Chuang is investing alongside both firms, reinforcing confidence—both internal and external—in Morpheus Labs ’ potential to transform Web3 development.

Jeffery Yang, managing partner at Startup Five Investment, said: “We are excited to support Morpheus Labs as they shape the future of Web3 technology. Their platform’s cutting-edge features and seamless integration align perfectly with our investment strategy, and we believe this partnership will drive significant innovation in the Web3 ecosystem.

In addition, we are pleased to make an investment in Ficus Capital, a reputable venture capital firm in the ESG and Shariah-compliant space, furthering our shared commitment to supporting sustainable and impactful technologies. ”

With this strategic investment, Morpheus Labs is poised to accelerate its growth and innovation. It has already secured a key collaboration with Viu, PCCW’s leading pan-regional OTT video streaming service, to pioneer new Web3 experiences for users and content creators. By leveraging blockchain technology, this partnership aims to enhance content monetisation, digital rights management, and user engagement across media platforms.

We are excited about the opportunities that lie ahead, Chuang continued. Together, we can unlock new potentials in the Web3 space, expanding our platform’s scope and accelerating blockchain adoption in the entertainment industry.

“With our AI-powered platform, we are empowering businesses to build and scale blockchain solutions more efficiently. This collaboration marks a significant step in the direction of redefining digital experiences for users and creators all over the world. ”

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Wilmar’s staff canteen has S all-you-can-eat cai png buffet with fried chicken, is open to the public

You can also buy frozen ingredients like fried chicken nuggets, garlic breads, meatballs and buns. There are also small chillers with ice cream, such as a mini-Magnum bar, and fresh fruits like XL-sized oranges ( S$$ 2 each ), too. Hope slightly different options for each day given that the offerings here appear to differ based on available space and a revolving menu.

WHQ Canteen is at 28 Biopolis Road, Level 4, Wilmar International HQ, Singapore 138568. Open Mon-Fri 8.30am to 5pm ( last order at 4.30pm ).

This article was first published in 8Days.

For more 8Days stories, visit https ://www.8days .sg/

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Japan’s popular thrift retailer 2nd Street to open first Singapore outlet at 313@somerset in April

Japan’s well-known utilize buy 2nd Street is set to open its first store in Singapore at 313@somerset in end-April, with over 22, 000 customized prudence parts from Japan.

The 6, 198 sq ft channel may extend from units B1-23 to 34, replacing garments keep Pomelo, which formerly occupied that space in the mall. It does start regular from Monday to Sunday, 11am to 10pm.

With 881 shops in Japan and almost 1, 000 businesses international including 48 in the US, 23 in Malaysia, 38 in Taiwan, four in Thailand, and one beginning in Hong Kong, 2nd Street offers a wide range of second products including clothing, bags, equipment and household goods.

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Philippines: EDSA, Marcos Jr and the risk of forgetting – Asia Times

Every February 25, the Philippines commemorates the EDSA People Power Revolution—an function that toppled a dictator, restored politics and became a worldwide mark of quiet weight.

In 1986, thousands of Filipinos from all walks of life took to the streets, driven by a shared desire for shift. They came armed not with arms but with confidence, prayer and perseverance.

Clad in golden bows and carrying necklaces, they faced down tank and troops, their chants echoing through the money. The action was a testament to the resolve of regular people to free their country from autocratic rule.

This trend did more than just reduce a tyrant; it also established democratic institutions, reinstated free votes, and promised a government that was accountable to the people.

Beyond the Philippines, it sent a strong message that could help other countries fight tyranny. The uprising’s violent character established its place in history, demonstrating that a change may be achieved without using force.

However, as the centuries passed, the strong energy that again filled EDSA has waned. The roads that were once crowded with activists have become less noisy. The annual ceremonies persist, but with a visible reduction in cooperation.

Although the People Power Monument is still in use, its supporters are declining as a result. The recollection continues, but it has lost much of the fervor and intensity that were present in the period immediately following the trend.

The irony of the EDSA memorial has since become unfathomable: the state that recognizes it is now led by the deceased family.

President Ferdinand” Bongbong” Marcos Jr., the son of the late tyrant Ferdinand Marcos Sr., is in charge of a country that previously rejected his father’s rule in an unprecedented show of social power.

Since Marcos Jr. became president in 2022, his administration has veered cautiously to the EDSA memorial. The current government has chosen to follow a more subdued strategy than previous administrations, which included holding huge events, making strong statements, and yet holding wreath-laying rites at the People Power Monument.

Official claims acknowledge the time, but they lean on topics of “unity” and “moving ahead”, avoiding direct references to the republic’s value.

In fact, Marcos Jr. actually removed February 25 from the roster of national holidays in 2023.

Proclamation No. Conspicuously omitting EDSA People Power as a unique non-working trip, 368, which downgraded its significance in the regional calendar.

Despite the negative people effect, it remains the same this time, as Proclamation No. 727 declares EDSA a unique working vacation. This move farther signaled the president’s silent effort to push EDSA into the history of national consciousness.

This shift in tone is not sudden. It reflects the difficult balance of a Marcos president, which allows acknowledging EDSA without supporting its fundamental message.

After all, to fully accept the significance of EDSA would mean to forgive the Marcos family’s history mistakes, which they have consistently dismissed or blatantly denied.

A government that regards EDSA as a traditional event but does not reconfirm its aspirations is a paradox that defines the current political climate.

But is simple confirmation enough? Or does reducing EDSA to a program, depoliticized event diminish its real meaning?

Eroding EDSA’s tradition

Celebrations are more than just ceremonies, they are functions of social memory. They affirm the principles that a country maintains and serve as reminders of lost fights for its citizens. But over time, the way a nation remembers an event is change—either through continuous indifference or deliberate sophistry.

In the case of EDSA, both causes seem to be at enjoy. On one hand, there is the normal passage of time. The revolution took place roughly four decades ago, and many of those who took part in it have passed away.

For younger generations who did not experience the tyranny, EDSA is not a specific experience but a traditional account, which is extremely up in the modern era.

On the other hand, there is the effective rewriting of history. The Marcos family has spent years attempting to change consumer perception through social media, social effect, and even legal actions.

The dictatorship’s years in power, when widely regarded as a time of persecution and financial mismanagement, are then painted by some as a “golden age”. Traditional facts —such as human rights abuses, fraud, and cronyism—are dismissed as mere social problems.

The deterioration of EDSA’s tradition is most visible in public opinion. A growing number of Filipinos, especially the youth, show frustration with the revolution.

Some see it as a failed claim, pointing to frequent poverty, corruption, and injustice. People believe it was an exaggerated function, exaggerated by its recipients. This despair has made a fertile environment for reactionary narratives to emerge, allowing the Marcos family to regain control through political means.

Does it matter if the social remembrance of EDSA disappears? If Filipinos little longer see it as related, does that reduce its value?

The solution lies in what EDSA absolutely represented. It was never really about toppling a dictator—it was about restoring democratic organizations, ensuring responsibilities, and preventing the transfer of autocratic rule.

To ignore EDSA, or to decrease it to an annual note, is to undermine the pretty safeguards it fought to restore.

Politics is no self-sustaining. It requires attention, active involvement, and a devotion to truth. When background is forgotten or distorted, the same faults become easier to repeat.

Current and upcoming abuses become more simple to defend when history abuses are dismissed as misconceptions. The EDSA’s rules are being broken, but today’s failure to uphold them puts the future in danger.

What EDSA may suggest currently

A Marcos administration that oversees EDSA anniversary celebrations should not just be an unpleasant contradiction; it should also be a time for reflection. If the trend is to be related, it must be understood beyond its metaphor.

EDSA was never a perfect trend. It did never miraculously resolve the most pressing issues in Spanish society, nor did it maintain long-term reform.

However, it demonstrated that social activity has energy. It showed that ordinary individuals, when united, you hold the powerful responsible. That session may be learned over time.

Instead of being seen as a locked chapter in history, EDSA must be seen as an empty struggle. The battle for transparency, good governance and human rights did not end in 1986 —it continues today.

And in a social environment where the majority of the country’s energy is still largely in the hands of the elite, where record is constantly rewritten to fit the ruling course, and where democracy is constantly under scrutiny, EDSA serves as a reminder that the people still have the authority to determine the future of their country.

In a time when people want to ignore EDSA, remembering it is more than just marking a day on the calendar; it is also important to protect the lessons from history from intentional erasure.

The reduction of standard commemorations, the fall of reactionary narratives and the public’s growing separation from EDSA all stage to a dangerous reality: when traditional truths are left undefended, they become pliable to the whims of those in power.

As the storage of EDSA fades in the regional consciousness, we may ask—what happens when a nation chooses to ignore its own revolution? And more importantly, who benefits when we do?

The Marcos administration must do more than just acknowledge EDSA on the calendar if it truly respects it. It must uphold the democratic principles that EDSA stood for: truth, accountability and justice. Anything less would make every February 25 hollow ceremonial, one that honors a cause without actually honoring it.

Chalize Penaflor, 24, is a policy researcher, intersectional feminist and human rights advocate. She received her BA in sociology from the University of the Philippines and concentrates on legislative research, policy analysis, and program evaluation in the public sector.

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Indonesia arrests top executive of state-owned oil and gas firm, 6 others in US billion corruption scandal

In connection with a US$ 12 billion crude oil corruption scandal, one of the top executives of a subsidiary of the nation’s state-owned oil and gas company, Pertamina, was detained on Monday ( Feb 24 ).

According to the Jakarta Globe, Riva Siahaan, who is the president and chairman of Pertamina Patra Niaga, the company’s income division, is one of the seven people listed.

Executives from Kilang Pertamina Internasional and Pertamina International Shipping, as well as those from the private sector, are among the those who have been detained by the Attorney General’s Office ( AGO ).

Their names were disclosed solely by their names, the Jakarta Globe reported.

The seven were accused of breaking federal rules, according to AGO official Harli Siregar, who says Pertamina places a high priority on locally produced crude oil for domestic gas production.

According to the regulation, Pertamina is required to source crude oil from local suppliers and enhance it directly to meet nationwide fuel demands.

According to The Jakarta Globe, the company imported crude oil to meet output goals, raising questions about economic mismanagement.

According to the Jakarta Globe, Abdul Qohar, the AG O’s director of corruption investigations, the illegal crude oil trade between 2018 and 2023 reportedly caused a state loss of 193.7 trillion rupiah ( US$ 11.9 billion ).

” Based on witness statements, expert opinions, and legally obtained papers, the research team has identified seven suspects”, Abdul said, adding that the seven have been detained and are undergoing clinical check-up.

However, Pertamina official Fadjar Djoko Santoso said that the state-owned organization may cooperate with prosecutors during the inspection.

According to a declaration from the Jakarta Globe, Fadjar said,” Pertamina is committed to cooperating with law enforcement agencies to ensure due legal process while upholding the presumption of innocence.”

President Prabowo Subianto reaffirmed his support for those found guilty of bone in December. The obvious U-turn came days after a speech that his administration may forgive those accused of the crime.

Since then, Prabowo has urged magistrates to take a tougher attitude on transplant prisoners, claiming that they deserve to spend years in prison, especially if the crimes they committed have resulted in hundreds of billions of rupees in state costs.

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China woos Bangladesh with Beijing invitation

A 22-member Bangladeshi group of political leaders, civil community activists, scientists and reporters have begun a 10-day visit to China.

A group leader confirmed with the BBC that they will be speaking with Chinese federal officials and top Communist Party members.

Experts claim that China is making offers despite Bangladesh and India’s growing political tensions on a number of issues.

Sheikh Hasina, the exiled head of Bangladesh, is one of those who is affected. Delhi has declined to send her abduction, despite the fact that she has requested it.

Abdul Moyeen Khan, a senior official from the Bangladesh Nationalist Party ( BNP ) who’s leading the delegation in Beijing, told the BBC:” It’s basically a goodwill visit, initiated by Beijing”.

” It is unique because China has invited a group from Bangladesh this time,” he said.

Many of the group members are members of the BNP and its friends. The BNP, headed by former prime minister Begum Khaleda Zia, is one of the major events in Bangladesh, besides the Awami League led by Hasina.

Additionally, there are several members of the student movement, which started the rebellion against Hasina and ended with the prime minister’s ouster in August of last year.

An interim government, led by the Nobel prize Muhammad Yunus is currently in charge.

It has been urging India to repatriate Hasina to face charges of crimes against humanity and money laundering, among other allegations. The UN says Hasina’s government’s crackdown on protesters during the uprising killed about 1,400 people.

But much India has showed no sign of extraditing Hasina, who denies the charges.

During the 15-year concept of Ms. Hasina, who was widely regarded by her detractors as pro-India, Delhi and Dhaka had maintained close relationships. She maintains close ties to Delhi while balancing her marriage with Beijing.

After the fall of Hasina, Beijing has stepped up its connection with Bangladeshi officials, activists and ambassadors, including from Islamist events.

The Bangladesh time administration’s foreign policy consultant Touhid Hossain and Wang Yi, the Chinese foreign minister, met in Beijing in January for a meeting, and this week’s visit comes after that meeting.

Additionally, it is the second time in recent months BNP authorities have visited China, after Beijing hosted a BNP committee late last month.

With the social pump and lack of India’s control, experts say, Beijing is trying to increase its grip in Bangladesh, a region of about 170 million individuals.

With bilateral trade totaling about$ 24 billion ( £19 billion ), the majority of that is made up of Chinese exports to the South Asian nation.

More than 70 % of China’s military materials come from China, which is a significant source of items for the Bangladeshi army.

In the last six months, India has had very scant contact with the time authorities and other Bangladeshi social leaders in contrast to Beijing’s offers.

The BNP held a rally in December alleging India’s meddling in Bangladesh’s domestic matters by hosting Hasina. On the same subject, some interim government officials have likewise criticized Delhi.

Delhi has reacted furiously to this censure.

The Indian foreign minister Subrahmanyam Jaishankar said last week that it was up to Bangladesh to decide on “what kind of relationship they want with us”.

He called the condemnation of India by Bangladeshi leaders and politicians “absolutely ridiculous.”

Some claim that Bangladesh’s anxious rhetoric could lead to a Chinese-led government.

In light of recent events, Bangladesh has joined other South Asian nations like Sri Lanka, the Island, and Nepal as targets for both Delhi and Beijing as the powers compete for control.

” I don’t think India should regard the whole continent is under Delhi’s sphere of influence. That approach would produce India experience”, Chinese scientist Zhou Bo, a senior colleague at Beijing’s Tsinghua University, told the BBC.

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Two dead, seven injured in South Korean bridge collapse

According to a representative from the interior ministry, the wounded were being taken to hospitals. The incident took place at around 9.50am ( 8.50am, Singapore time ) in Anseong, around 65km south of the South Korean capital. Initial reports that it occurred in Cheonan, Pennsylvania, were corroborated by officials whoContinue Reading

Cloudflare appoints Goran Risticevic as vice president and managing director, Asia Pacific

  • Over 20 times of strong and stream sales experience
  • Visited Cloudflare in Nov 2022, growing APAC’s consumer success group

Cloudflare, Inc., a leading connectivity cloud company, has appointed Goran Risticevic ( pic ) as vice president and managing director for Asia Pacific ( APAC ). He brings 20 years of experience in strong and network sales, as well as service, having worked at AWS, IBM, and NetApp. Since joining Cloudflare in November 2022, Risticevic has been expanding the User Success and Services group in the area. He is based in Sydney, Australia.

In 2010, shortly after launching, Cloudflare expanded its channel into Tokyo after almost 15 years of investment in APAC. Now, its global network spans more than 335 locations across 125 states, including 111 places in Asia Pacific.

” Asia Pacific is home to over 4.5 billion people—more than half the world population—and 66 % of them are online. It hosts some of the fastest-growing economies and is a gateway of technology, driving advancements in industries such as artificial intelligence, clean energy, and e-commerce, all of which require strong, smooth, and highly stable internet connectivity. With Risticevic’s authority, I am assured we will continue to help our customers remain protected and connected with people worldwide”, said Mark Anderson, president of earnings at Cloudflare.

Every day, millions of online challenges are blocked by Cloudflare. In Q4 2024 only, it blocked an average of 227 billion digital risks per day worldwide. According to Cloudflare’s Asia Pacific Cybersecurity Readiness Survey 2024, 47 % of respondents experienced more than 10 data breaches in 12 months, with 87 % indicating that AI has contributed to more frequent or sophisticated attacks.

” Asia Pacific’s growth prospects are incredible, fueled by quick business growth and an expanding website business. Nevertheless, this growth comes with significant cybersecurity challenges, as businesses may defend vast amounts of data, ensure regulatory compliance, and protect against increasingly sophisticated cyber threats—all while striving for innovation and expansion. I’m excited to work with our partners to help our customers navigate the complexities of an ever-evolving threat landscape and lead a diverse team,” Risticevic said.

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