by | Oct 28, 2024 | Business
As Malaysia’s startup scene flourishes, local companies are realizing that the domestic market, while promising, may not be enough to fuel long-term success. For many, the answer lies in expanding regionally to tap into Southeast Asia’s vast potential. However, the path is not without its challenges. Both Venture Capital (VC) and Corporate Venture Capital (CVC) are facing growing obstacles in smaller Southeast Asian markets like Vietnam, Thailand, Malaysia, and the Philippines, where traditional paths to IPOs and M&A exits are proving elusive.We sat down with Kailash to explore why regional expansion is essential for Malaysian startups and companies seeking sustainable growth and viable exit opportunities.Kailash Raghuwanshi is a seasoned business strategist with over fifteen years of experience across Southeast Asia, the US, and China. Known to many as “Kai,” he has built a reputation for guiding companies through complex growth challenges in rapidly evolving markets.
As Malaysia’s startup scene flourishes, local companies are realizing that the domestic market, while promising, may not be enough to fuel long-term success. For many, the answer lies in expanding regionally to tap into Southeast Asia’s vast potential. However, the path is not without its challenges. Both Venture Capital (VC) and Corporate Venture Capital (CVC) are facing growing obstacles in smaller Southeast Asian markets like Vietnam, Thailand, Malaysia, and the Philippines, where traditional paths to IPOs and M&A exits are proving elusive.
As these emerging economies continue to develop, it’s clear that the time to act is now. Companies that prioritize regional scalability early are more likely to attract investor interest and secure sustainable growth paths. Without a regional expansion plan, Malaysian startups and companies risk hitting a growth ceiling that may limit future funding and exit opportunities.
Kailash Raghuwanshi is a seasoned business strategist with over fifteen years of experience across Southeast Asia, the US, and China. Known to many as “Kai,” he has built a reputation for guiding companies through complex growth challenges in rapidly evolving markets. A New York graduate, Kailash’s expertise spans diverse sectors, including fintech in Indonesia, high-impact joint ventures in Vietnam, and launching an American digital marketing company JV in Vietnam. As a thought leader and speaker, Kailash has contributed to Vietnam’s Ministry-affiliated SIHUB and has advised through the Mranti (Malaysia)-Kumpul (Indonesia) partnership program, fostering cross-border collaboration in the region. He also served as a Director at a Shanghai-based public health venture backed by the Gates Foundation, where he gained valuable experience in impact-driven innovation.
A decade ago, Kailash was instrumental in consulting for vOffice’s teams in Malaysia-Indonesia and contributed to Rocket Internet’s pioneering team in Malaysia, helping at PMO level with Zalora, Lazada, and Foodpanda. His extensive work with VCs and CVCs positions him as a leader in exploring innovative growth models for Southeast Asia’s unique challenges. For more insights, visit kairaghu.com.
We sat down with Kailash to explore why regional expansion is essential for Malaysian startups and companies seeking sustainable growth and viable exit opportunities.
Q: Kailash, why is regional expansion so crucial for Malaysian businesses, especially now?
Kailash: Malaysia is an excellent market to start in, but it’s ultimately limited by its population of 32 million. For companies aiming to grow sustainably, thinking regionally is essential. A great example is Carsome, Malaysia’s first tech unicorn, which began as a used car platform and expanded across Southeast Asia. Carsome now operates in multiple countries, including Indonesia and Thailand, and offers end-to-end solutions for car buying and selling. Their regional expansion has allowed them to tap into larger markets, secure significant funding, and become a recognizable brand across the region. Without a regional focus, Carsome might not have achieved this scale or investor appeal.
Similarly, Grab, another company that started in Malaysia, recognized the potential of Southeast Asia’s interconnected markets early on. Grab’s expansion across eight countries transformed it from a local ride-hailing service to a multi-country super-app serving over 600 million people. Both Carsome and Grab show that regional growth isn’t just beneficial—it’s essential for Malaysian companies that want to achieve long-term, scalable success.
For Malaysian startups and companies, going regional is not just about scaling—it’s also crucial for securing viable exit opportunities. Local-only businesses often face limited exit options, as Malaysia’s market size restricts large IPOs and major acquisitions, making it harder for investors to see substantial returns. Companies that scale regionally are far more attractive to investors who want to see a clear path to exit, whether through acquisitions or IPOs in larger markets.
Q: Why is Malaysia in a particularly tricky situation right now, compared to other Southeast Asian markets?
Kailash: Malaysia’s market size is both a strength and a limitation. With a population of 32 million, it’s larger than Singapore but significantly smaller than Indonesia or the Philippines. This middle-ground size means that while there is enough demand to support startups initially, growth reaches a ceiling quickly. Unlike larger markets where companies can sustain themselves by dominating locally, Malaysia’s market size often isn’t enough to fuel sustained, high-scale growth.
Moreover, the VC and CVC landscape is evolving. Investors are cautious about local-only businesses that lack regional or global scalability, as they see more limited exit opportunities. Traditional paths to exits, like IPOs or large-scale mergers and acquisitions, are not as robust here as they are in larger economies. This has created a ticking clock for Malaysian companies: if they want to secure funding and attract regional or international investors, they need to expand beyond Malaysia sooner rather than later.
Q: How do Carsome and Grab’s regional strategies compare to Gojek’s approach in Indonesia?
Kailash: Carsome and Grab took a regional-first approach, expanding across Southeast Asia to capture a larger market. Carsome, for instance, started with a Malaysia-based used car platform and grew into multiple Southeast Asian countries, building a strong regional brand and attracting significant investments. Grab similarly leveraged its Malaysian origins to establish a broad presence across the region, positioning itself as a super-app.
Gojek, by contrast, focused on dominating its home market of Indonesia, Southeast Asia’s largest with 275 million people. Gojek embedded itself deeply into the Indonesian ecosystem, becoming a staple in daily life but hasn’t achieved the same international reach as Carsome or Grab. For Malaysian companies, which operate in a smaller home market, a regional approach like Carsome’s or Grab’s is more scalable and sustainable.
Q: What makes Southeast Asia such an attractive region for Malaysian companies to target?
Kailash: Southeast Asia is a region with 650 million people and a combined GDP of nearly $3 trillion. Expanding into markets like Vietnam (97 million people), Thailand (70 million), and the Philippines (113 million) can significantly increase a company’s reach and revenue potential. The region’s high level of digital connectivity, with 440 million internet users, creates unique opportunities for digital and mobile-first companies.
Additionally, smaller markets like Cambodia (17 million) and Laos (7 million) offer fertile ground for early movers. For Malaysian companies, these markets represent a chance to establish a presence and capture market share before larger players step in.
Q: What advice would you give to Malaysian startups and companies looking to expand regionally?
Kailash: Start with a regional mindset from day one. Design your business and brand to appeal to customers across Southeast Asia’s diverse markets. Both Carsome and Grab structured their offerings to be adaptable across different countries, which allowed for smoother expansion.
Second, forge strategic partnerships. Partnering with local companies can ease entry into new markets by helping to navigate regulatory challenges and establish local credibility quickly.
Lastly, prioritize a mobile-first approach. Southeast Asia is highly mobile-centric, with most of the digital audience connecting through smartphones. Adapting to this digital landscape is essential for capturing a broad audience.
Q: How can VC and CVC support play a role in helping Malaysian companies go regional?
Kailash: VC and CVC partnerships are crucial, especially for companies looking to enter unfamiliar territories. For Malaysian startups, finding investors who understand the regional landscape can provide not only funding but also strategic connections and market insights. However, it’s essential for startups to retain strategic independence and ensure that these partnerships support, rather than restrict, their regional growth.
Q: What’s your final takeaway for Malaysian startups, VCs, and corporates interested in regional expansion?
Kailash: Southeast Asia is rich with opportunities, but capturing them requires urgency and a regional-first mindset. Malaysian startups should embrace this approach early—don’t wait until you’ve maxed out the local market to consider expansion. By positioning for regional growth, companies can become more resilient and appealing to investors who are looking for scalable, multi-market ventures.
In short: aim big, act regionally, and leverage strategic partnerships. Southeast Asia’s diversity and dynamism provide a clear path to success for those ready to cross borders. Carsome and Grab’s journeys are testaments to what’s possible, and Malaysian companies can carve their own path to regional impact by following a similar model.
by | Oct 27, 2024 | Business
Vendfun is an innovative hospitality automation solutions provider dedicated to enhancing the guest experience and streamlining hotel operations. Known for its cutting-edge technology, Vendfun offers solutions like self-check-in kiosks, smart room systems, and QR-based keyless entry, all designed to improve efficiency, security, and guest satisfaction. Partnering with industry leaders, Vendfun seamlessly integrates advanced automation into the hospitality landscape, setting new standards in convenience and operational excellence for hotels worldwide.
Singapore, October 25, 2024 — As FHA-HoReCa 2024 concluded its final day, industry innovators and attendees gathered to witness cutting-edge hospitality solutions that are set to redefine the guest experience.
Leading the charge, Vendfun and its esteemed partners showcased a comprehensive hospitality automation solution that seamlessly integrates every aspect of a guest’s stay—from check-in to check-out, with a special emphasis on comfort, efficiency, and modern elegance.Vendfun’s holistic solution begins with a streamlined, self-check-in kiosk experience, eliminating traditional front-desk wait times and empowering guests with a smooth, user-friendly interface as Benny Wee CEO and Founder of Vendfun described.
This is further complemented by a sophisticated smart QR lock system, enabling keyless, secure room access via QR code. With convenience and security at the forefront, this system embodies the future of seamless hospitality. Inside the guest room, Vendfun’s Smart Room Solution takes personalization to new heights. Integrated room controls allow guests to adjust lighting, temperature, and entertainment to their preference, while an AI-powered & human chatbot offers real-time assistance, ensuring that guests’ needs are met at any hour.
Adding a touch of aesthetic excellence, HM Gallery’s elegant curtain designs adorn each room, creating a sophisticated yet homely environment that elevates the in-room experience. Behind the scenes, ABS System powers Hotel’s back-end engine, delivering an automated management platform that provides real-time data insights, supports operational efficiency, and enhances service quality.
Together, Vendfun and Partners solution streamline every phase of the guest journey —pre, during, and after their stay— ensuring an unforgettable experience that’s both luxurious and efficient. The showcase at FHA-HoReCa 2024 was met with excitement from hospitality professionals, industry leaders, and international attendees, sparking meaningful connections and potential collaborations.
As Asia’s premier hospitality trade show wraps up, Vendfun and its partners are proud to have contributed to the innovations that will shape the future of hospitality. With this complete automation system, Vendfun and its partners have set a new standard for the guest experience.
For more information about Vendfun’s Smart Hotel Solution and self-check-in kiosk solution, please visit www.vendfun.com.
by | Oct 27, 2024 | Business
Filipino culture is a blend that underscores the importance of inspiration in pursuing personal and collective goals. Whether its reaching milestones advancing in ones career or overcoming challenges understanding what resonates with Filipinos can make a difference. A speaker in the Philippines can offer insights by tailoring their messages to align with local values and aspirations. Recognizing the nuances of motivation, Among Filipinos is essential as the nation is renowned for its resilience, warmth and strong family ties. To motivate Filipinos it is crucial to tap into these cultural elements. People often draw motivation, From stories of perseverance unity and the significance of connections.
In the Philippines the power of community and support plays a key role in motivating individuals. Family is seen as a driving force behind success often measured by how well one can uplift and help their loved ones. Motivational speakers in the country stress the importance of encouragement and shared achievements that resonate with their audience. By sharing stories of victories and accomplishments these speakers convey messages that inspire people to take action. Resilience and the ability to overcome challenges are deeply ingrained, in Filipino culture with the concept of bayanihan symbolizing a collective effort towards common goals. This resilience is often showcased, in speeches. A motivational speaker in the Philippines will share tales of triumph focusing on how perseverance and determination can lead to success. These stories not serve as sources of inspiration but also provide strategies for overcoming obstacles.
Celebrating Culture and National Pride Filipinos have a strong connection to their traditions and cultural heritage. Powerful speeches that highlight Filipino pride through honoring heroes commemorating important events and recognizing achievements can leave a lasting impact. By aligning their messages with values and a love for the country speakers can create a sense of purpose and unity that motivates people to take action. Nurturing Growth and Advancement Many Filipinos are driven by a desire for progress. They actively look for opportunities to expand their knowledge and face challenges head on whether it’s pursuing education advancing in their careers or tackling obstacles directly. A speaker in the Philippines can tap into these aspirations by sharing insights on goal setting and providing personal development strategies tailored to the topic at hand. The Influence of a Speaker in the Philippines A speaker plays a role in crafting messages that deeply resonate with Filipino audiences. Here are ways they connect with their listeners;
To connect with Filipino audiences speakers should adapt their messages to reflect their experiences, values and aspirations. This means sharing stories using visuals and delivering speeches that resonate with aspects of life. Filipinos often appreciate presentations that encourage interaction and participation. Speakers who engage the audience through discussions, activities and anecdotes can create a more memorable experience. In the Philippines speakers are skilled at storytelling. They use narratives to convey their messages making them relatable and unforgettable. Sharing tales about figures or local heroes can strike a chord with the audience and reinforce the speakers message. To establish a connection with Filipino audiences on a level its essential to go beyond mere motivation. Filipinos value insights that they can incorporate into their lives. Motivational speakers who provide strategies for achieving goals and overcoming challenges tend to leave a lasting impression. Speakers inspire people to transition from feeling motivated to taking action by equipping them with tools and resources for everyday use.
Conclusion
To really connect with Filipino audiences it’s important to tap into their values, life experiences and deep sense of community. When speakers weave these elements into their messages they craft content that not only inspires but also strikes a chord with people bringing about positive transformation. By touching on themes like family, resilience, cultural heritage and practical insights speakers make an impact steering listeners, towards their aspirations and enriching their life paths. Whether through speeches, workshops or events a speakers words can ignite the drive and resolve essential for achieving success.
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by | Oct 27, 2024 | Business
Motivational speakers play an important role in supporting people to reach their objectives through inspiration and support. They help individuals tackle obstacles establish goals and nurture a mindset focused on success. In the Philippines these speakers offer perspectives that resonate with audiences touching upon universally relevant topics and culturally significant matters. Their aim is to uplift others by encouraging them to recognize their capabilities and pursue their dreams.
Listening to a speaker can give you new viewpoints and thoughts. They often share stories about overcoming challenges offer guidance on dealing with situations and provide personalized support based on what the audience prefers. This blend of experiences and insights can leave a lasting impression on people chasing their dreams. In the Philippines there are speakers who have made a mark with their profound wisdom and uplifting messages. Notable individuals such as Francis Kong recognized for his emphasis on leadership and personal development and Bo Sanchez a successful author and entrepreneur have touched numerous lives through their speeches. Their teachings underscore the significance of fostering a mindset showing resilience and embracing lifelong learning as key factors, in achieving success.
Francis Kongs seminars usually focus on leadership and the power of mindset. He encourages participants to adopt a perspective that is essential for overcoming challenges and seizing opportunities. Likewise Bo Sanchez is well known for his talks on topics like finance, relationships and spirituality offering a view of success that goes beyond mere achievements. Success is all about gaining insights. Listening to the wisdom of speakers can open doors to success in various areas of life. Firstly it provides a sense of direction and purpose. When individuals grasp the concepts behind success and witness them exemplified by accomplished speakers they are more inclined to set goals and put in the effort to achieve them. Moreover words of encouragement bolster resilience. The path to success is rarely smooth; it often presents obstacles and difficulties. Motivational speakers equip people with tools to navigate these challenges. By learning strategies to stay focused manage pressure and sustain motivation individuals become better prepared to persevere, through times.
Moreover the messages conveyed by speakers often emphasize the importance of having faith in ones capabilities. Building self confidence is crucial for attaining success and motivational speeches can help individuals recognize their potential and conquer self doubts. This confidence acts as a driving force that can lead to achievements and personal satisfaction. Infusing motivation into everyday life To truly benefit from motivation it’s important to integrate the lessons learned from speeches into your routine. Here are a few steps you might want to consider taking. Set Goals Based on the ideas and strategies shared by speakers define specific measurable attainable relevant and time bound SMART goals for yourself. Foster a Growth Mindset See challenges as chances for development. Gain insights from failures and constantly strive to better yourself. Boost Self Confidence Use affirmations to enhance your self worth and maintain an attitude. Dedicate Yourself to Growth Engage in activities like reading books attending seminars and signing up for workshops.
Lifelong learning plays a role in reaching enduring success. Its important to surround yourself with a circle of individuals who share your goals and values. Working together with friends can provide encouragement and keep you on track towards your objectives.
Conclusion
Achievement is not solely about arriving at a goal; it’s also about the precious insights gained along the way. In the Philippines these speakers offer perspectives to assist people in unlocking their true capabilities. By embracing their guidance and incorporating it into your daily life you can uncover new levels of accomplishment and fulfillment. Remember that motivation is more than just a feeling; it’s about transforming that feeling into actions that lead to tangible successes.
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by | Oct 27, 2024 | Business
Delivering a talk involves balancing information, clarity and charisma. However what truly distinguishes speakers is their fervor. For a motivational speaker in the Philippines that zeal goes beyond being a mere quality; it serves as the catalyst for their impact. In this piece we will delve into the significance of passion in public speaking and how it has the power to turn a speech into an indelible moment.
The Power of Passion in Public Speaking
Passion goes beyond excitement; it involves establishing a true bond with your message. When a motivational speaker in the Philippines shares their thoughts with sincere zeal they effortlessly engage their listeners. This type of connection ignites participation and creates a lasting impact.
Authenticity and Credibility
When someone speaks passionately about their message it shows in their words. Listeners can pick up on whether the speaker truly believes in what they’re saying or is just going through the motions. This authenticity creates an environment of trust and reliability, crucial for communication. A motivational speaker in the Philippines who shares anecdotes and radiates excitement can connect with the audience more profoundly and forge a strong connection.
Engagement and Energy
When a person talks with passion it can really influence the people around them. Their enthusiasm can liven up the atmosphere and grab the listeners attention. This connection is vital, for keeping everyone interested and making sure the message gets across effectively. In the lively and culturally diverse setting of the Philippines a motivational speaker who radiates genuine enthusiasm can connect with audiences from different backgrounds and foster a warm and welcoming environment.
Inspiration and Motivation
A captivating speaker has the ability to energize and inspire their listeners. When an individual in the Philippines expresses their ideas with genuine enthusiasm and dedication they can motivate and uplift others to take action. Their fervor sparks a drive that pushes individuals to transform their lives or pursue their aspirations with renewed enthusiasm.
How Passion Enhances Public Speaking
When it comes to speaking in front of a crowd it’s not just about getting your point across. Building a connection with your listeners and making a memorable impact are equally crucial. Lets delve into how infusing passion into your delivery can elevate different facets of speaking engagements.
Storytelling
When someone tells a story with fervor it becomes even more captivating. In the Philippines a storyteller who conveys their tale with zest and sincere emotions can create a deep connection with their audience. True storytelling has the power to resonate with people and enhance the impact of the speakers message.
Overcoming Challenges
When you truly love what you do it helps you tackle obstacles like feeling nervous or dealing with unexpected interruptions. When a speaker is genuinely passionate about their subject it gives them the resilience to push through and deliver a message that strikes a chord even during challenging moments.
Clarity and Conviction
An engaging speaker expresses their ideas confidently and clearly. Their authentic excitement brings richness to their message making it more accessible for the listeners to grasp and take in the information conveyed. Cultivating Enthusiasm as a Speaker For budding speakers in the Philippines, nurturing and channeling enthusiasm is essential, for effective communication. Here are some suggestions on how to cultivate and focus that enthusiasm.
Choose Topics You Care About
Choose subjects that align with your interests and experiences. When you have a tie to a topic your enthusiasm will be evident in how you present it.
Connect with Your Audience
To truly connect with your audience it’s important to grasp their preferences beliefs and values. By customizing your message to resonate with their worries and dreams you can strengthen your bond and enhance your influence.
Practice and Prepare
While its important to have passion for your ideas being well prepared is essential for conveying your thoughts in a clear and cohesive manner. Spend some time going over your speech multiple times to polish your presentation and make sure your excitement comes across effectively.
Seek Feedback
Seek input from your mentors or peers about how you speak. Their perspectives can help you improve your delivery and make sure your enthusiasm connects with the listeners.
Conclusion
Effective communication relies on the passion behind it. In the Philippines motivational speakers bring talks to life through their genuine enthusiasm. When they connect their message with the audience they can enhance their influence and motivate people to reach for excellence. Whether you are an experienced speaker or a novice infusing vigor into your speaking approach can elevate your presentation and create a memorable impact, on your audience.
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by Penny Angeles-Tan | Oct 27, 2024 | Business
Bitcoin futures open interest hits record high! In-depth analysis of its impact on the price of Bitcoin and the cryptocurrency market as a whole. Learn the risks and opportunities of Bitcoin futures trading.
Bitcoin futures trading, as per a report from Coinglass, has hit a new record high with open interest (OI) reaching $40.5 billion on October 21. These trades are carried out by various global crypto exchanges.
This article will provide detailed information regarding market analysis and the Bitcoin futures trading process. That way, you can do personal research before investing.
Bitcoin Hits $70,000
The increase in open interest coincides with Bitcoin price approaching $70,000, more precisely $67,027 with an increase of +0.50%. Open interest refers to the total value or number of futures contracts that have not yet expired. It serves as a leading indicator of market activity and investor engagement in Bitcoin derivatives.
An increase in OI can signal increased leverage in the system, potentially leading to greater market volatility. Periods of high open interest can cause significant market movements, especially when prices shift sharply. Such conditions can trigger chain liquidations, resulting in forced selling in the spot market and causing a sudden drop in Bitcoin prices.
A similar event occurred in August when Bitcoin prices plunged nearly 20%, dropping below $50,000 in just two days. On October 21, Bitcoin hit $69,380 in early trading but faced resistance, pulling back to around $69,033. As of now, the cryptocurrency is still 6.4% short of its record high of $73,738, according to CoinGecko.
Additionally, altcoins such as Ethereum and Solana have outperformed Bitcoin in recent daily gains. Ethereum naik by 3.5%, reaching $2,750, while Solana saw a 6% gain, nearing $170. Both assets have seen a slight decline from recent record highs.
Ethereum and Solana Rally as Bitcoin Dominates
While Bitcoin has been making headlines, this has not been the case for newer altcoins like Ethereum and Solana with daily gains. Ether rose by 3.5 percent to $2,750, meanwhile, Solana rose more than 6 percent to $170. Both assets have pulled back slightly from recent record highs.
The combined dynamics of the bitcoin and altcoin markets add a layer of complexity as altcoin performance can be impacted. Bitcoin may be the star, but investors are increasingly bullish on altcoins to increase returns. As the market grows, so does interest in alternative digital assets.
However, with Bitcoin futures open interest rising, altcoins also have risks to worry about. If Bitcoin prices swing wildly, so can altcoins. For this reason, market participants should continue to check Bitcoin and altcoins for possible price movements in the coming weeks.
US Election Triggers Bitcoin Surge Amid Uncertainty
The US presidential election drove Bitcoin’s recent surge. Before November 5, market players considered how the election results might affect the cryptocurrency market. Donald Trump’s increasingly crypto-friendly policies paved the way for Bitcoin, which has increased its poll numbers and lifted Bitcoin.
Under the Trump administration, higher US interest rates could boost Bitcoin by weakening other currencies, according to market analysts. ‘The fact that the dollar has been strong is a factor in recent market moves, prompting traders to look for ways to hedge currency risks.’
Traders are now considering whether to prepare for election-related trading, as with 15 days until voting day, they can make that decision.
Bitcoin Prospects
Bitcoin has seen its price drop in recent weeks. This is largely due to the bearish sentiment in the cryptocurrency market as a whole. However, some special factors have also influenced the price of Bitcoin.
One of these factors is the increase in mining activity. When more miners join the Bitcoin network, this can increase the supply of new BTC. Increased supply could put downward pressure on prices.
Even though Bitcoin has experienced a price decline in recent times, many analysts are still bullish on its long-term prospects. Bitcoin was the first cryptocurrency and is still the most famous. This platform has a strong ecosystem and continues to grow.
One factor supporting Bitcoin’s prospects is the increasing adoption of blockchain technology. The more companies and organizations start using blockchain, the more likely it is that Bitcoin will become the platform of choice.
Additionally, Bitcoin is developing several technical improvements that could increase its efficiency and scalability. This can increase the interest of users and investors.
Bitcoin Futures Trading Strategy and Risks
If you are interested in trading Bitcoin futures, there are several strategies you can use. One strategy is to use technical analysis to identify trading opportunities. Technical analysis involves studying price charts to look for patterns and trends.
Another strategy is to use fundamental analysis. Fundamental analysis involves studying factors that can influence the price of Bitcoin, such as mining activity, transaction costs, and technological developments.
Bitcoin futures trading can be very risky. Leverage can magnify both profits and losses. It is important to understand the risks before starting to trade.
Conclusion
Bitcoin is an attractive digital asset with long-term growth potential. However, like all investments, Bitcoin futures trading also carries risks. It is important to do research and understand the risks before starting to trade.
Bitrue has various features that you can use to do in-depth research before investing. You can check prices in real-time, check converting from BTC to USD easily, to find out about the latest BTC projects that are being carried out through the latest articles on the Bitrue blog.
by | Oct 26, 2024 | Business
Singapore, October 2024 — Gailbook is a Singapore-based localised and curated fashion e-retail platform for Indonesian brands, launched in August 2024. Serving as a B2C marketplace, Gailbook fosters a seamless fashion ecosystem and incubates Indonesian home-grown brands to scale into the international market.
Global interconnectivity & social mobility driven by tech-savvy millennials and rising number of fashion brands leads to a surge in cross-border commerce. However, navigating thousands of brands can be overwhelming for consumers as global brands compete creating a saturated market.
“Gailbook is now here to bridge this gap to connect both consumers and local Indonesian fashion brands in this era of globalization. The platform exists to facilitate local SMEs that struggle with limited international market, logistics & warehouse. We provide a platform for them to showcase their products and gain access to wider international reach.” said Nadia Irwan, co-founder of Gailbook. 
Along with that, Gailbook also provides seamless cross-border services, localized marketing & partnerships and market data to accommodate small SMEs in their global scaling.
“Gailbook is more than just a product listing platform. We’re dedicated to introducing Indonesian rich culture to the global market while showcasing the unique stories behind each product and the talented craftsmen who create them.” added Nadia.
At Gailbook, customers can enjoy curated, personalized & distinctive designs from casual to formal women clothing to kids clothing. Along with instant shipment and exclusive promotions, customers can increase time efficiency compared to browsing through vast marketplaces.
Moreover, they can actively be a part of #GailSquad community, where they can engage in immersive experiences and network with active and like-minded empowered women at offline events.
by Penny Angeles-Tan | Oct 26, 2024 | Business
Ethereum experiences a price drop. This article will provide an in-depth analysis of the factors influencing the price of ETH, including short-squeeze, institutional flows, and long-term prospects.
Ethereum (ETH) experienced two consecutive days of declines on Tuesday, October 22, after facing rejection at levels around $2,700 the previous day. The decline was supported by mild outflows of over $20 million in US spot Ethereum Exchange Traded Funds (ETFs).
Moreover, the Estimated Leverage Ratio is high in the market futures ETH indicating an increased likelihood of a short-squeeze scenario occurring.
Is it true Ethereum could experience a short-squeeze?
Ethereum may experience a short-squeeze as the Estimated Leverage Ratio (ELR) increases and trades at 0.39 the highest level since early July. This rising ELR indicates that the futures market is overheating making Ethereum vulnerable to a potential short-squeeze event that could trigger impulse buying and significantly push the price up in the event of an unexpected rise.
Institutional flows also fell slightly at the start of the week. According to Coinglass data, US spot Ethereum ETFs recorded mild outflows of $20.80 million on Monday. CryptoQuant’s Coinbase Ethereum Premium Index data shows signs of weakness and remains below neutral levels.
In Ethereum’s case, the metric currently stands at -0.039, below the neutral level of zero. For the Ethereum price to rally, the metric must rise above the neutral value of zero.
Ethereum Price Shows Signs of Weakness
At the time of writing on October 24, Ethereum has continued its price decline to now trade around $2,522. If ETH continues its retracement, it could fall further to retest its daily support level of around $2,461.
The Relative Strength Index (RSI) momentum indicator is showing 31, a very low number because the selling trend is much higher than the buying trend. Currently, ETH can even be considered to be experiencing overselling. With the MACD line continuing to decline, Ethereum is certain to experience bearishness shortly.
Conversely, if ETH breaks the descending trend line and closes above $2,820, Ethereum’s price could rally to retest the next daily resistance at $2,927.
Ethereum Price Analysis
Ethereum has experienced a price decline in recent weeks. This is largely due to the bearish sentiment in the cryptocurrency market as a whole. However, some special factors have also influenced the price of Ethereum.
One of these factors is the increase in mining activity. When more miners join the Ethereum network, this can increase the supply of new ETH. Increased supply could put downward pressure on prices.
Additionally, increasing gas fees have been a concern for Ethereum users. Gas fees are transaction fees paid to miners for processing transactions. When gas fees are high, this can reduce users’ interest in using the Ethereum network, which can hurt the price of ETH.
Ethereum Prospects
Even though Ethereum has experienced a price decline in recent times, many analysts are still bullish on its long-term prospects. Ethereum is the most widely used blockchain platform for decentralized applications (dApps). This platform has a strong ecosystem and continues to grow.
One factor supporting Ethereum’s prospects is the increasing adoption of blockchain technology. The more companies and organizations start using blockchain, the more likely it is that Ethereum will become the platform of choice.
Additionally, Ethereum is developing Ethereum 2.0, which is a major update to the platform. This update is expected to improve Ethereum’s efficiency and scalability. This can increase the interest of users and investors.
Ethereum Futures Trading Strategy and Risks
If you are interested in trading Ethereum futures, there are several strategies you can use. One strategy is to use technical analysis to identify trading opportunities. Technical analysis involves studying price charts to look for patterns and trends.
Another strategy is to use fundamental analysis. Fundamental analysis involves studying factors that can influence the price of Ethereum, such as mining activity, gas fees, and the development of Ethereum 2.0.
Ethereum futures trading can be very risky. Leverage can magnify both profits and losses. It is important to understand the risks before starting to trade.
Conclusion
Ethereum is an attractive digital asset with long-term growth potential. However, like all investments, Ethereum futures trading also carries risks. It is important to do research and understand the risks before starting trading by checking Ethereum prices regularly on the Bitrue website.
You can also compare prices from ETH to USD easily. Apart from that, you can also do thorough research by staying up to date on the latest Ethereum information via the Bitrue blog.
by | Oct 25, 2024 | Business
Boracay, Philippines – The wait is finally over! The VIRAL GYUKATSU that took Japan by storm has arrived on the shores of the world-famous Boracay Island. Gyukatsu-Motomura Boracay (GYUKATSU もと村 BORACAY), a culinary gem under Ikigai International Restaurant OPC, is proud to announce its upcoming grand opening, bringing an authentic taste of Japan to this tropical paradise.
A Culinary Adventure in Paradise
Located near D-Mall on Boracay Island, Philippines, Gyukatsu-Motomura Boracay offers an unparalleled dining experience that combines the artistry of Japanese cuisine with the warm hospitality of the Philippines.
What is Gyukatsu?
For those unfamiliar with this culinary sensation, gyukatsu is a mouthwatering Japanese dish featuring a thick, juicy beef cutlet coated in crispy panko breadcrumbs and deep-fried to perfection. It’s served with a variety of dipping sauces, fresh vegetables, and fluffy rice, creating a harmonious blend of textures and flavors that has captivated food lovers worldwide.
Menu Highlights
Gyukatsu-Motomura Boracay offers an exciting menu that caters to all palates:
Signature Gyukatsu Set: Our star dish, featuring premium beef cutlet, served with specially crafted dipping sauces, fresh vegetables, and rice.
• 130g Japan Sirloin Set (available in 1, 1.5, or 2 cutlets)
• 230g Japan Sirloin Set (thick cut)
Wagyu Cubes Set: Indulge in the luxurious taste of Wagyu beef, perfectly portioned for a melt-in-your-mouth experience (3 skewers).
Side Orders:
• 130g Sirloin
• 65g Half Sirloin
• Wagyu Cubes (2 or 3 sticks)
Beverages:
• Alcoholic: Asahi, San Mig Light, San Mig Apple, Soju
• Non-alcoholic: Brewed Iced Tea, Coke, Coke Zero, Sprite, Royal
The Gyukatsu-Motomura Experience
At Gyukatsu-Motomura Boracay, we believe in offering more than just delicious food:
Duration: Enjoy a leisurely dining experience lasting approximately 1.5 hours.
Express Pass: Priority seating for a seamless dining experience.
Ambiance: Our interior seamlessly blends modern Japanese aesthetics with tropical Boracay vibes, creating a unique and inviting atmosphere.
Service: Our staff is trained to provide attentive, warm service that makes every guest feel like family.
Sustainability: We’re committed to using locally-sourced ingredients where possible and implementing eco-friendly practices to preserve Boracay’s natural beauty.
Grand Opening Celebration
To celebrate our arrival in Boracay, we’re offering a special grand opening promotion:
Special Discount: Get ₱300 OFF by signing up at https://gyukatsumotomura.com/opening-soon
Pre-selling Price: Our Signature Gyukatsu Meal Set is available at a discounted price of ₱988 (Regular price: ₱1,288)
A Vision for Boracay’s Culinary Scene
“We’re not just bringing a trendy dish to Boracay,” says Kevin Tan, owner of Gyukatsu-Motomura Boracay. “Our vision is to elevate the island’s culinary landscape, offering both tourists and locals an authentic taste of Japan while celebrating the vibrant culture of the Philippines. We believe that great food has the power to create unforgettable memories, and that’s exactly what we aim to do here.”
Gyukatsu-Motomura Boracay is more than just a restaurant; it’s a culinary destination that promises to add a new dimension to your Boracay experience. Whether you’re a food enthusiast, a curious traveler, or a local looking for something new, we invite you to join us for an unforgettable journey of flavors.
Welcome to Gyukatsu-Motomura Boracay – where Japan meets paradise!
여러분을 환영합니다! Welcome! ようこそ!
by | Oct 25, 2024 | Business
Pursuing your dreams can be tough but having the support can make it a transformative and empowering experience. In the Philippines motivational speakers contribute to assisting individuals and organizations in achieving their objectives. If you seek inspiration and personal development a speaker from the Philippines could be exactly what you need.
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Setting goals is only the beginning facing hurdles comes with its own challenges. In the Philippines speakers are skilled at pinpointing obstacles and providing solutions. Whether it’s tackling procrastination enhancing time management skills or dealing with unforeseen circumstances these professionals offer valuable perspectives and tactics to help people navigate through the twists and turns of life.
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The right mindset plays a role in achieving success. In the Philippines motivational speakers encourage people to embrace a growth and learning oriented perspective. They assist individuals in seeing challenges as chances for personal growth and stress the significance of welcoming change and thinking outside the box. Selecting A Speaker In The Philippines To maximize your experience with a speaker it’s crucial to choose someone whose style and approach resonate with your values and goals. Seek out speakers who have received feedback and possess expertise in the areas you wish to enhance. Many Filipino motivational speakers provide consultations and workshops tailored to needs making it simpler to find the perfect match, for your journey.
Conclusion
Bringing in a speaker from the Philippines for your event can significantly boost your chances of achieving your objectives. Their distinct perspectives, cultural insights and motivational approaches can assist you in navigating your journey towards success with genuine confidence. Whether you seek personal growth or advancement in your career Filipino speakers provide the support and strategies necessary to transform your dreams into tangible outcomes.
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