Press Release
Motiwala cultivates an untapped digital gold market in Southeast Asia
Ever since the outbreak of Covid-19, investors worldwide have turned to transfer part of their assets into gold investment to avoid market uncertainties and take advantage of gold’s reliable store of value. Investors have always cited gold as a safe haven when market uncertainties intensify, and the events in 2020 further confirmed the established correlation between gold and market risk levels.
Since January 2020, the gold price has zipped up 25% by the end of the year, even hitting a record high of over $2,000 per ounce at one point for the first time in history.
Along with the growth of demand for gold-related investments, supply grows too. A Dubai-based precious metal supplier known as Motiwala caught sight of the growth in demand and is determined to make use of this opportunity to become a world leader in the precious metal industry.
How Motiwala accumulated sand grain into mountain
Motiwala Jewellers LLC is a certified precious metal refinery, gold processor, bullion manufacturer, and precious metal supplier based in Dubai. Renowned for its complete and diversified rare metal business network, Motiwala Jewellers is one of the top 5 gold merchants globally and one of the largest refineries in the Middle East region.
But Rome wasn’t built in a day. It takes a lot of passion and hard work to build such a spectacular precious metal empire. Its founder, Iqbal Bhai from Pakistan, founded Motiwala 40 years ago and has been in the gold industry since then. He started as a gold and jewellery wholesaler in his home country and later found success when he filed a patent for the international gold market fair in Dubai after discovering its undeveloped gold market.
Through several decades of development, Motiwala Jewellers established subsidiary companies to further diversify the range of services it provides and as an effort to complete its supply chain. It is now the holding company of Motiwala Gold Trading, Motiwala Gold & Precious Stone Industry, Motiwala Gold & Metal Laboratory, Shaheen Exchange.
Since then, the company’s businesses have expanded to cover gold mining, processing, jewellery design, jewellery retail stores, physical gold trading, gold and metal laboratories, precious stones & diamond retail stores, and currency exchange.
With its refinery and an ISO 17025 certified in-house laboratory, Motiwala can produce gold bullion at the finest quality and allow investors to purchase gold bars ranging from 1 gram to 100 grams in size at a competitive price in its physical stores, thus allowing all investors to start investing in gold regardless of their capital size.
Southeast Asia has a bright future as a digital gold haven
The gold market in Asia, Southeast Asia in particular, are underdeveloped, but experts are confident that Southeast Asia has a bright future as a digital gold haven in the near future as Southeast Asia has one of the fastest rates of digital payment adoption and more than 400 million internet users. The strong tech foundations were laid by the appealing regulatory landscape and strong government support that has escalated the growth of innovation and healthy competition in this region.
In response to the year-long pandemic crisis, part of the gold and jewellery retailers in Asia are moving their retail businesses onto the internet to reach online consumers and combat the highly contagious virus simultaneously. With robust governance and regulations, digital gold has been gaining much traction in the Southeast Asia market.
Tapping into Southeast Asia’s growing digital gold landscape
Envisioned to become the world leader for dealers and traders from across the globe and to achieve sustainable quality growth, Motiwala co-founded Moti Investment Capital (MIC) in 2018 to expand its global presence in the capital trading sector. The establishment of MIC will enable investors to achieve low-risk, sustainable returns using Motiwala’s unique set of the gold supply chain.
As the first step to globalize its operation, Motiwala has tapped into Southeast Asian countries, providing a wide array of services to the new countries, including asset management, physical gold trading and more. With Motiwala’s supply chain and diverse line of services, it will allow investors to purchase physical gold even if the investors are located outside of Dubai.
In 2018, member countries in the Association of Southeast Asian Nations (ASEAN) had consumed 309 tonnes of gold, making Southeast Asia the third-largest market for gold in the world. With the combination of rapid digital adoption, the cultural importance of gold in the region, and low expansion costs, it makes Southeast Asia an ideal region as the first step in Motiwala’s globalization.
MOTIWALA announces partnership with BIS
Motiwala has recently announced its partnership with BIS to expand its global presence. BIS Holding is the first of its kind asset management firm to provide unique investment opportunities for investors, allowing clients to have the privilege to participate in the markets like a real corporate level liquidity provider.
“We are excited to partner with BIS,” said Iqbal Bhai, Founder of Motiwala group. “Through this strategic partnership, Motiwala and BIS can form a clear win-win relationship to provide more value to your existing customers. It would also bolster the long-term partnership between Motiwala and BIS as both firms continue to seek opportunities to achieve business expansion.”
Anita Brook
Motiwala Jewellers LLC
Dubai, United Arab Emirates
info@motiwala-uae.com
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Chippendale, NSW, Australia, 23rd May 2026 — Chippendale Carshare has announced a major expansion of its vehicle rental operations, growing to 90 vehicles across Chippendale, Sydney Airport and Melbourne Airport, supported by increasing demand through Turo and its own online booking platform.
Chippendale Carshare has confirmed a significant growth milestone, expanding its fleet to 90 vehicles and strengthening its presence across three key pickup locations: Chippendale, Sydney Airport and Melbourne Airport.
The expansion reflects growing demand for flexible, affordable and convenient car rental options in Sydney and Melbourne, particularly among airport travellers, business users, local residents, families, students, and customers seeking short-term or longer-term vehicle hire.
Customers can now browse available vehicles and make a booking online through the company’s booking platform at https://chippocarshare.com.au/booking.
Turo Helped Support Chippendale Carshare’s Growth
Chippendale Carshare says Turo has played an important role in supporting the company’s expansion from a smaller Sydney-based fleet into a 90-vehicle operation across two major Australian cities.
By allowing hosts to list vehicles online and connect with guests looking for flexible car rental alternatives, Turo helped Chippendale Carshare reach a wider customer base, improve vehicle utilisation, and scale its operations beyond a traditional single-location rental model.
The company’s growth has been supported by demand from Turo guests seeking accessible vehicles for airport travel, weekend trips, business use, family transport, moving needs, and longer rental periods.
Alexander Munao, founder of Chippendale Carshare, said Turo was an important part of the company’s growth story.
“Turo helped us prove that customers wanted a more flexible way to access rental vehicles,” Munao said.
“It gave us the ability to reach more travellers and local customers, test demand across different vehicle types, and build the systems needed to manage a larger fleet.”
“That demand has helped Chippendale Carshare grow to 90 vehicles and expand into Sydney Airport and Melbourne Airport, while still continuing to serve our original Chippendale location.”
90 Vehicles Across Sydney and Melbourne
The 90-vehicle milestone represents a major step in Chippendale Carshare’s continued development from a local Sydney car rental operator into a multi-location vehicle rental network servicing both New South Wales and Victoria.
The company’s expanded fleet includes a wide range of vehicles suited to different customer needs, including economy cars, compact hatchbacks, SUVs, 7-seat vehicles, vans, people movers and practical everyday rental vehicles.
By operating across Chippendale, Sydney Airport and Melbourne Airport, Chippendale Carshare is now positioned to support customers looking for:
- Sydney car rental near the CBD
- Sydney Airport car rental
- Melbourne Airport car rental
- Chippendale car rental
- Affordable airport car hire
- Long-term car rental
- Van hire and people mover rental
- Flexible short-term vehicle hire
Airport Expansion Driven by Customer Demand
The addition of Sydney Airport and Melbourne Airport locations has been introduced to support increasing demand from travellers who want a simpler, more flexible way to access rental vehicles close to major transport hubs.
Chippendale Carshare’s original Chippendale location continues to service inner-city Sydney customers, including those near Central Station, Broadway, Redfern, Ultimo, Surry Hills and surrounding suburbs.
The Sydney Airport location provides access for customers arriving into or departing from Sydney, while the Melbourne Airport location marks an important step in the company’s Victorian expansion.
“Customers are increasingly looking for flexibility,” Munao said.
“Some people need a small economy car for a few days, others need a van, SUV, people mover or long-term vehicle. Growing to 90 vehicles gives us more ability to match customers with the right car for the right trip.”
A More Flexible Approach to Car Rental
Chippendale Carshare has built its service around online booking, practical vehicle options and convenient pickup locations. The company says its model is designed for customers who want a straightforward alternative to traditional car rental, with the ability to compare vehicles and book online before arrival.
Turo helped accelerate this model by giving Chippendale Carshare access to a large marketplace of guests seeking flexible vehicle access. This helped the company understand customer demand, expand its fleet mix, and improve operational processes across cleaning, maintenance, pricing, vehicle availability and customer support.
The expanded network is expected to support a broad range of use cases, including weekend trips, interstate travel, airport arrivals, business transport, temporary replacement vehicles, moving vans, family holidays and longer-term rental requirements.
Chippendale, Sydney Airport and Melbourne Airport
The company’s three-location footprint allows Chippendale Carshare to service both city-based and airport-based rental demand.
The Chippendale location remains central to the company’s Sydney operations, offering convenient access for customers near the Sydney CBD and inner-city suburbs.
The Sydney Airport location supports travellers looking for car rental near Sydney Airport, while the Melbourne Airport location provides access for customers looking for car rental near Melbourne Airport and Tullamarine.
Chippendale Carshare says it will continue investing in fleet availability, operational systems and customer experience as demand grows across both cities.
Book a Vehicle Online
Customers looking for car rental in Sydney, Sydney Airport, Melbourne Airport or Chippendale can view available vehicles and make a booking through the official Chippendale Carshare booking page:
Book a car with Chippendale Carshare
More information about the company and its vehicle rental services is available at:
About Chippendale Carshare
Chippendale Carshare is an Australian car rental operator based in Sydney, New South Wales. The company provides flexible vehicle rental services across Chippendale, Sydney Airport and Melbourne Airport, offering a growing fleet of economy cars, SUVs, vans, people movers and practical rental vehicles for short-term and longer-term use.
With 90 vehicles now operating across Sydney and Melbourne, Chippendale Carshare continues to expand its presence as an online-first car rental provider focused on convenience, flexibility and accessible vehicle hire.
Media Contact
Organization: Chippendale Carshare Pty Ltd
Contact Person: Alexander Munao
Website: https://chippocarshare.com.au
Email: Send Email
Contact Number: +611300011135
Address:81-83 Campbell Street
City: Chippendale
State: NSW
Country:Australia
Release id:45374
The post Chippendale Carshare Expands to 90 Vehicles Across Sydney and Melbourne appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
OSL Lists State-Supervised Gold-Backed Stablecoin USDKG as Platform Expands Asia’s Digital Asset Ecosystem
HONG KONG – USDKG, the gold-backed stablecoin issued by the Kyrgyz Republic, today announced its official listing on OSL HK, the Hong Kong-licensed digital asset exchange of global stablecoin payment and trading platform OSL Group. The milestone marks a significant step for the state-supervised, asset-backed digital currency as it enters one of the world’s most established licensed virtual asset markets.
Link: https://www.osl.com/hk-en/announcement/new-listing-on-osl-hk-gold-dollar-usdkg
Pegged 1:1 to the U.S. Dollar and fully backed by physical gold reserves, USDKG is now accessible to professional investors through OSL’s institutional-grade infrastructure. The initial trading pair USDKG/USDT is now available to professional investors across OSL HK’s over-the-counter (OTC) platform.
The listing of USDKG aligns with OSL’s commitment to contribute to the development of a secure and compliant digital asset ecosystem in Asia and beyond. It also expands USDKG’s reach into new markets through a regulated platform aligned with institutional standards, supporting its use in cross-border settlement and broader financial applications.
Jason Liu, Global Exchange COO of OSL, said: “OSL is dedicated to providing investors with access to regulated, innovative assets. The listing of USDKG not only enriches OSL’s product offerings for the market, but also strengthens its compliant stablecoin ecosystem, as the introduction of a state-backed, compliant digital asset further underscores OSL’s credibility and leadership within the industry.”
Biibolot Mamytov, CEO of Gold Dollar (USDKG), said: “This listing represents an important milestone for USDKG as we enter one of the most established and highly regulated digital asset markets globally. Hong Kong is widely regarded as the gold standard for digital asset regulation, and working with OSL reflects our focus on transparency, gold-backed reserves, and institutional-grade infrastructure.”
About USDKG
USDKG is issued by OJSC Virtual Asset Issuer, a state-owned entity under Kyrgyzstan’s Ministry of Finance, with an initial issuance of $50 million backed by physical gold reserves audited by Kreston Global. The stablecoin is deployed on Ethereum and TRON, with smart contract audits conducted by ConsenSys Diligence.
The token is already accessible through decentralized exchanges, including Curve and Uniswap, and supported by major wallets such as Ledger Live, MetaMask, Trust Wallet, and TronLink. The stablecoin is fully compliant with FATF KYC/AML standards and is designed to facilitate financial inclusion and efficient cross-border value transfer.
With this listing, Kyrgyzstan continues to position itself as a regional first-mover in regulated, asset-backed digital currencies, bridging traditional finance and blockchain infrastructure while maintaining full sovereign oversight and public accountability.
About OSL Group
OSL Group (HKEX: 863) is a global stablecoin payment and trading platform that strives to provide compliant and efficient digital financial infrastructure services globally, empowering enterprises, financial institutions and individuals to seamlessly exchange, pay, trade, and settle between fiat and digital currencies. Grounded in the core values of Open, Secure, and Licensed, it is committed to building a more efficient ecosystem that connects global markets and enables instant, seamless and compliant value movement worldwide. For media inquiries, please contact: media@osl.com.
Social Links
GitHub: https://github.com/USDkg/USDkg
X: https://x.com/USDKG_Official
LinedIn: https://www.linkedin.com/company/usdkg/
Media Contact
Brand: USDKG
Contact: William Campbell
Email: business@usdkg.com
Website: https://www.usdkg.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
General Compute has opened its production inference cluster to developers building agent applications, running SambaNova SN40 and SN50 dataflow silicon that posts the fastest independently benchmarked speeds on the MiniMax M2.7 model family.
San Francisco, California, United States, 22nd May 2026 – General Compute today announced the general availability of General Compute Cloud, the first ASIC-native neocloud purpose-built for the next generation of autonomous AI development tools. Where existing neoclouds rack incumbent GPUs, General Compute has designed its serving stack around its inference-optimized ASICs.
Unlike traditional cloud platforms designed around human operators clicking through dashboards, General Compute Cloud is also the first major cloud to treat AI agents as first-class users. Coding agents can complete the entire onboarding flow themselves, creating an account, claiming the launch credit, and retrieving a working API key, without requiring a developer to step in. The result: a developer can ask their AI agent to “switch its inference to General Compute,” and minutes later be looking at running infrastructure they never had to provision by hand.
Agentic workloads issue dozens or hundreds of model calls per task, which means even small per-token gains compound into dramatic differences in developer experience and unit economics. By optimizing the silicon, runtime, and API surface for inference rather than retrofitting general-purpose accelerators, General Compute aims to push down both first-token latency and sustained token throughput on the open and frontier models developers use most.
Agent-native signup is supported out of the box. When invoked through OpenCode, OpenClaw, or any compatible client, the agent can complete account creation, verify the workspace, claim launch credit, and return a scoped API key back to the developer’s environment — turning what was historically a multi-step onboarding into a single natural-language instruction.
“Our goal is simple: we want General Compute to be the fastest inference provider on the market, and we want to ship the fastest inference API any developer or AI agent can call,” said Jason Goodison, CTO and co-founder of General Compute. “Optimizing the silicon is how we get there. The $200 in launch credit is our way of inviting builders, and their agents, to put us up against anyone else and see the numbers for themselves.”
General Compute Cloud is available immediately to customers globally at generalcompute.com. The launch credit is automatically applied to new accounts created between May 20 and May 27, 2026. OpenCode and OpenClaw users can begin a General Compute session directly from within their agent by asking it to “sign me up for GeneralCompute.com”
About General Compute
General Compute is the first ASIC-native neocloud, building custom inference silicon and the cloud platform that runs on it. The company’s stated goal is to operate the fastest inference provider and the fastest inference API for AI agents and the developers who deploy them. Founded in 2025 and headquartered in San Francisco, General Compute is backed by leading technology investors. Learn more at generalcompute.com.
Media Contact
Organization: General Compute Inc
Contact Person: Jason Goodison
Website: https://generalcompute.com
Email:
jason@generalcompute.com
Contact Number: +14257537666
Address:440 North Barranca Avenue
City: Covina
State: California
Country:United States
Release id:45346
The post General Compute Launches the First ASIC-Native Neocloud appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Chippendale Carshare Expands to 90 Vehicles Across Sydney and Melbourne
OSL Lists State-Supervised Gold-Backed Stablecoin USDKG as Platform Expands Asia’s Digital Asset Ecosystem
General Compute Launches the First ASIC-Native Neocloud
Benzinga Money Article Discusses How to Become Part of the 12% of Retirees Who Have Achieved the Recommended $550,000 Minimum Retirement Savings Threshold
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