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Income Tax (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Income Tax [Abstract]    
Schedule of Tax on Losses

Tax on losses have been calculated at the rates of tax prevailing in the countries/jurisdictions in which the Group operates.

 

   For the six months ended
June 30,		 
   2025   2024 
   (Unaudited)   (Unaudited) 
   US$   US$ 
         
Current          
Charge for the period   14,515    57,256 
Deferred   
-
    203 
           
Total   14,515    57,459 
 Tax on losses have been calculated at the rates of tax prevailing in the countries/jurisdictions in which the Group operates.
   2024   2023   2022 
   US$   US$   US$ 
Current            
Charge for the year   112,323    64,343    28,516 
Deferred (note 23)   (3,395)   (1,360)   (280,295)
                
Income tax expense/(credit) for the year   108,928    62,983    (251,779)
Schedule of Loss Before Tax at the Statutory Tax Rate  

A reconciliation of the tax expense/(credit) applicable to loss before tax at the statutory tax rate for the countries/jurisdictions in which the Group’s operations are domiciled to the tax expense/(credit) at the Group’s effective tax rate is as follows:

 

   2024   2023   2022 
   US$   US$   US$ 
             
Loss before tax   (37,678,411)   (172,537,530)   (49,693,594)
Tax credit at the domestic rates applicable to losses in the countries/jurisdictions where the Group operates   (6,345,825)   (3,809,856)   (7,164,497)
Income not subject to tax   (471,515)   (180,380)   (134,867)
Expenses not deductible for tax   881,506    636,813    4,606,490 
Tax losses and deductible temporary differences not recognized   5,955,248    3,645,841    2,448,213 
Tax losses and deductible temporary differences utilized from previous periods   (12,983)   (282,239)   (4,352)
Others   102,497    52,804    (2,766)
                
Income tax expense/(credit) at the Group’s effective tax rate   108,928    62,983    (251,779)