by Penny Angeles-Tan | Oct 23, 2024 | Business
Learn about liquidation in crypto futures trading, from what the contract is to how it works. This article discusses the factors that cause liquidation, the process, and the importance of risk management for traders to avoid financial losses. Discover strategies for success in the world of crypto futures!
A futures contract is an agreement to buy or sell an underlying asset at a specified price at a specified date in the future. This is a type of derivative contract. These contracts are important in financial markets as they provide traders with opportunities to hedge or speculate.
In this article, we will discuss this type of trading about crypto liquidations and try to understand why crypto liquidations are a valuable tool.
Understanding Crypto Liquidation in Futures Trading
Crypto liquidation in futures trading is about closing positions to balance the initial trade. If a trader has a long position, meaning they want to buy the asset, they must sell the contract to liquidate it. Conversely, if they have a short position, meaning they want to sell the asset, they must buy back the contract to complete the liquidation.
Crypto liquidations are common in futures trading, but traders should think carefully about the effects. This includes looking at how leverage can affect trading results.
Not knowing how crypto liquidation works can lead to major financial losses, especially for new traders who may not fully understand futures trading. In other words, traders who do not know when and how to manage their positions risk liquidation.
Basics of Crypto Liquidation in the Market
Crypto liquidation in futures trading depends on margin requirements. When you trade futures, you must deposit a percentage of the contract value as a margin. It serves as collateral to cover possible losses.
When the price of the underlying asset changes, margin requirements also change. If a trade goes against you and your margin account falls below a certain level, known as maintenance margin, you will receive a margin call.
How Crypto Liquidation Works in Futures Trading?
Liquidation in futures trading occurs for two main reasons:
1. The first reason is voluntary crypto liquidation. Here, a trader decides to close a position before the expiration date of the futures contract. They may do this to take profits, limit losses, or change their trading strategy based on market analysis or risk appetite.
2. The second reason is forced liquidation. This occurs when a trader’s margin account falls below the required maintenance margin level. This usually happens because the price of the underlying asset has fallen. In this case, the brokerage firm can sell the trader’s position, no matter what their investment plans or outlook.
Crypto Liquidation Process for Traders
The liquidation process for people trading in the futures market has several steps. When a trader wants to close their position or if they get a margin call, the first step is to place an order against their current position. For example, if a trader is long on a futures contract, they would need to enter a sell order for the same type and number of contracts.
Profits go to the trader’s trading account, while losses reduce the margin account. Traders need to keep an eye on their margin levels, especially during difficult market conditions. This helps them avoid forced liquidation and major financial losses.
Factors Leading to Liquidation in Futures
Several things can cause the liquidation of a futures contract. This affects both long and short positions. One major factor is that large changes in the price of the underlying asset can lead to large losses and margin calls.
High liquidity in the futures market can exacerbate this. Even small price changes can cause large fluctuations.
Changes in interest rates can affect the costs associated with futures positions. This can affect how profitable the position is and may lead to liquidation. It is important to know that futures trading uses leverage. This means that profits and losses can be magnified.
Traders should think about market risk, interest rate changes, and their risk tolerance. This will help reduce possible liquidation risks.
Conclusion
MKnowing about crypto liquidation in futures trading is the key to success. When you understand the basics, you can move through the markets better. You can use risk management techniques is important.
Understanding trading strategies will also help you to avoid unwanted liquidations. By focusing on timing, predicting trends, and taking advantage of market changes, traders can make better choices.
Bitrue can help you do research before trading crypto futures. You can study before buying futures Bitcoin, Ethereum, Solana, XRP, and other crypto tokens. Also, find out how to convert prices from Ethereum to USD and other tokens easily on the Bitrue website.
by | Oct 22, 2024 | Business
Gyukatsu Motomura, the renowned Japanese restaurant chain famous for its deep-fried beef cutlets, is inspiring the launch of a new concept restaurant in Boracay, set to open in November 2024. Bringing signature dishes and a unique dining experience to the popular island destination, the restaurant will be located at 0445 Zone 5, Road 1 Laketown, Balabag, Malay, Boracay. It aims to blend Japanese culinary excellence with the island’s relaxed atmosphere, potentially attracting food enthusiasts and boosting gastronomic tourism. Interested diners can follow @gyukatsuboracay on Instagram for updates and visit https://gyukatsumotomura.com for more information about this exciting addition to Boracay’s diverse culinary scene.
BORACAY, Philippines – Food enthusiasts and tourists alike have reason to celebrate as a new Japanese-inspired restaurant, inspired by the renowned Gyukatsu Motomura concept, announces its plans to open on the picturesque island of Boracay in November 2024.
This new establishment, inspired with the original Gyukatsu Motomura in Japan, aims to bring a similar culinary experience to the Philippines. The restaurant will feature deep-fried beef cutlets, reminiscent of the dish that has made the original Gyukatsu Motomura a culinary sensation in Japan.
“We are beyond excited to bring the authentic taste of Gyukatsu Motomura to the beautiful shores of Boracay next November,” said Ricka Raga, Chief Marketing Officer of Gyukatsu Motomura Philippines. “Our goal is to offer both locals and tourists a unique dining experience that combines the relaxed island atmosphere with the exquisite flavors of our carefully prepared gyukatsu. We’re not just opening a restaurant; we’re creating a destination for food lovers!”
The new Boracay branch, located at 0445 Zone 5, Road 1 Laketown Balabag, Malay, Boracay, 5608 Aklan, Philippines, will feature Gyukatsu Motomura’s classic menu, including their famous 30-second self-grilling option that allows diners to achieve their preferred level of doneness. The restaurant promises to source high-quality local beef to maintain the standards that have made them a favorite in Japan.
BREAKING LOCAL NEWS: Mark your calendars for November 2024! While the exact day is yet to be announced, the anticipation is already building among locals and tourists alike. The restaurant has launched its official Instagram account @gyukatsuboracay to keep eager fans updated on their progress leading up to the grand opening. Interested diners can also find more information on the official website https://gyukatsumotomura.com.
The arrival of Gyukatsu Motomura is set to revolutionize Boracay’s diverse culinary scene, adding an exciting new dimension to the island’s food offerings. Local food critics and tourism officials are buzzing with excitement about the addition of this international brand to Boracay’s restaurant lineup.
“We’re not just bringing a restaurant to Boracay; we’re bringing an experience,” Raga added with enthusiasm. “Imagine savoring the perfect gyukatsu while enjoying the breathtaking Boracay sunset. It’s going to be unforgettable!”
As preparations for the November 2024 opening continue, anticipation builds among food lovers and Boracay regulars. The introduction of Gyukatsu Motomura to the island promises to be a game-changer, potentially attracting a new wave of gastronomic tourists to the already popular destination.
The restaurant is poised to become a must-visit culinary hotspot, offering a unique blend of Japanese culinary excellence and the laid-back charm of island life. Whether you’re a local foodie or a tourist seeking an exceptional dining experience, Gyukatsu Motomura Boracay is set to become your new favorite destination.
Stay tuned to @gyukatsuboracay on Instagram for the latest updates on the grand opening in November 2024 and future promotions. Get ready to embark on a culinary journey that will transport your taste buds straight to the heart of Tokyo, right here in beautiful Boracay!
by Penny Angeles-Tan | Oct 22, 2024 | Business
Vitalik Buterin, co-founder of Ethereum, has identified centralization as one of the biggest risks for Ethereum. Buterin has proposed a potential solution known as “The Scourge.” Check out the full explanation in this article.
Becoming one of the largest blockchain platforms, Ethereum continues to grow and attract investor interest. However, like every technology, Ethereum also faces challenges and risks. One of the biggest risks facing Ethereum is the centralization of proof-of-stake (PoS).
Centralized Proof-of-Stake
Proof-of-stake is a consensus mechanism that Ethereum uses to validate transactions and secure the network. In PoS, validators must lock a certain amount of ETH to participate in the validation process.
One of the risks in PoS is centralization, where a small number of validators control most of the network. This can increase the risk of 51% attacks, transaction censorship, and value extraction.
Vitalik Buterin and The Scourge
Vitalik Buterin, co-founder of Ethereum, has identified centralization as one of the biggest risks for Ethereum. Buterin has proposed a potential solution known as “The Scourge.”
The Scourge aims to reduce the risk of centralization by using techniques such as encrypted and a two-tier staking approach. This can help prevent large validators from controlling large portions of the network and reduce the risk of transaction censorship.
Centralization Risk Analysis
Some things that need to be considered so that we can carry out risk analysis are:
1. 51% attack risk: Centralization can increase the risk of 51% attacks, where a small group of validators can control the network and invalidate transactions.
2. Transaction censorship: Centralized validators may choose not to process certain transactions, which could disrupt Ethereum’s functionality.
3. Value extraction: Centralized validators can earn larger profits than small validators, which can reduce value for Ethereum users.
Potential Solutions
Apart from The Scourge, some other potential solutions to overcome PoS centralization on Ethereum include:
1. Increased validator set size: Expanding the number of validators can reduce the risk of centralization.
2. Anti-centralization mechanisms: Development of mechanisms that can prevent large validators from controlling the network.
3. Increased user participation: Encouraging more users to become validators can help reduce centralization.
Conclusion: Current Ethereum Price
Centralization of proof-of-stake is one of the biggest risks facing Ethereum. While potential solutions exist, addressing this issue will require continued efforts from the Ethereum community.
As additional information for those of you who are interested in Ethereum, currently the price of the ETH token is minus 3.24% so it is trading at $2,618.
Although Ethereum price experienced a decline, the RSI indicator has a value of more than 69, so it is indicated that there will be a bullish trend in the near future. The MACD line also explains that the trend will come soon because the buying trend is dominating compared to the selling trend.
Apart from checking token prices in real time, you can also check price conversions ETH to USD easily on the Bitrue website. So, you can know how to allocate funds beforehand buy Ethereum.
by | Oct 22, 2024 | Business
Registration open to public:
Date: October 28-29, 2024
Time: 9:00 AM – 5:00 PM GMT+7
Registration: https://forms.gle/xCzPk1UHZ3ffcvHG9
The Ministry of Natural Resources and Environment of Lao PDR, the Economic Research Institute for ASEAN and East Asia and its Regional Knowledge Centre for Marine Plastic Debris, and United Nations Development Programme Lao PDR will host the ASEAN Conference on Combatting Plastic Pollution 2024. This conference aims to bring together stakeholders from ASEAN Member States, the private sector, innovators, academia, and civil society to discuss innovative solutions, best practices, and regional policies to address plastic pollution.
The two-day event will focus on fostering partnerships and sharing knowledge on combatting plastic pollution across Southeast Asia. It will also feature an exhibition showcasing innovations from across ASEAN. The conference will be open to the public and could be joined online. Please find the date, time, and registration link below:
Date: October 28-29, 2024
Time: 9:00 AM – 5:00 PM GMT+7
Registration: https://forms.gle/xCzPk1UHZ3ffcvHG9
Prominent speakers, including government officials, international experts, and innovators working on sustainability and circular economy solutions, will be among the participants. The conference will be held under the patronage of H.E. Mme. Bounkham Vorachit, Minister of Natural Resources and Environment of Lao PDR.
ERIA’s involvement through its Regional Knowledge Centre for Marine Plastic Debris, underscores its dedication to fostering regional cooperation and knowledge-sharing. ERIA remains committed to contributing to ASEAN’s efforts in reducing plastic pollution through collaborative and innovative solutions.
by | Oct 22, 2024 | Business
Supported by the Singapore Ministry of Trade and Industry, the Ministry of Sustainability and the Environment, the Enterprise Singapore, and the SBF Foundation, Asuene has been chosen as the official solution partner for Singapore Emission Factor Registry (SEFR), Singapore localized emission factor database. This partnership aims to enhance the accuracy of CO2 emission visibility in Singapore and fully support decarbonization management.
Asuene Inc. (Headquartered in Minato, Tokyo; CEO Kohei Nishiwada) has announced that its Singapore branch, Asuene APAC , was selected as an official partner following the launch of the first phase of Singapore’s localized emission factor database, the Singapore Emission Factor Registry (SEFR), announced on October 4, 2024.
The SEFR initiative, supported by Singapore’s Ministry of Trade and Industry, Ministry of Sustainability and the Environment, Enterprise Singapore, and the SBF Foundation, was created to enhance the visibility of CO2 emissions, particularly improving the accuracy of Scope 3 calculations. Asuene has been recognized as an official partner in the “Carbon Calculators” category, based on its proven track record and the reliability of its solutions within Singapore, to promote the calculation of CO2 emissions for Singapore businesses.
Being selected as an official partner of the SEFR allows Asuene to lead the promotion of utilizing the “emission factor database,” enabling more accurate visibility of CO2 emissions and supporting more refined decarbonization management in Singapore.
What is the SEFR (Singapore Emission Factor Registry)?
Organizations and leaders based in Singapore focused on decarbonization and sustainable practices, such as ESG management, have long faced significant challenges in visualizing CO2 emissions, particularly regarding the accuracy of Scope 3 calculations. Typically, “emission factors” are used for CO2 emissions visibility, but categories are organized differently in each country, and efforts to standardize the rules for emission factors are ongoing.
In Singapore, businesses currently use emission factors from other countries for CO2 emissions visibility, but there is no uniformity among businesses regarding which country’s factors to use. Additionally, using foreign emission factors presents a challenge, as they do not accurately reflect Singapore’s local circumstances. In other words, the rules for visualizing CO2 emissions for companies in Singapore are still in development. To address this, the Singapore Business Federation (SBF) and the Agency for Science, Technology and Research (ASTAR) have jointly developed the Singapore-localized emission factor database, SEFR.
The SEFR aims to consolidate a database of emission factors for use by Singapore businesses, expanding the available emission factors. These emission factors will be covering eight categories, i.e. building equipment, building materials, fuel, greenhouse gasses, land transport, purchased energy, waste, and water.
With the establishment of a localized emission factor database, Singapore businesses can now achieve more accurate visualizations of CO2 emissions than ever before, enabling the development of more realistic reduction plans.
As an official partner, we will incorporate the SEFR into our CO2 emissions visualization platform, Asuene, to enhance calculation accuracy for local businesses.
Comment from Masaaki Hamada, Managing Director of Asuene APAC
“I am thrilled that Singapore has developed and announced a localized emission factor database, which many countries in Asia aspire to do the same. With the establishment of the SEFR, many local SMEs will no longer struggle with calculation methods, and the accuracy of their calculations will improve. We anticipate that this SEFR will also be widely used in neighboring Southeast Asian countries, establishing Singapore as a leader in promoting decarbonization in the region.”
by | Oct 22, 2024 | Business
Throughout history, the evolution of media has shaped how culture is created and seen. As media evolves different formats now play a role, in reflecting supporting, and sometimes challenging societal norms and values. From newspapers to advancements each form contributes to the fabric of culture. This article explores the variety of media that influence our society and their effects on our shared experiences and perspectives.
Print Media
Printed materials like newspapers, magazines and books have had an impact on shaping our society. Throughout history these forms of media have been important for sharing information, shaping opinions and preserving stories. Newspapers keep us informed about events and issues while magazines offer insights and articles that highlight trends and interests. Both fiction and non fiction literature broaden our perspective by delving into topics, ideas and narratives that connect with people over time. Even with the rise of media print still plays a role, in conversations about culture.
Broadcast Media
Various forms of media, including TV and radio, play a role in molding our culture thanks to their outreach and ability to spread information. TV, which blends news and entertainment, has the capacity to sway opinions by presenting stories, trends and values to a wide audience. Shows, movies and documentaries often spark conversations and influence societal standards. Similarly radio contributes to culture by broadcasting music, talk shows and news that both mirror and shape people’s views. The shared media experience creates moments that unite individuals, from backgrounds.
Digital and Social Media
In today’s world the impact of media and social media is huge and constantly evolving. The emergence of platforms like Facebook, Instagram, Twitter and TikTok has revolutionized how we interact, exchange information and connect with others. Social media encourages participation, spreads ideas and sets trends. It empowers users to produce and share content that can quickly influence trends and societal issues. Be it through influencers, memes or viral challenges these platforms shape and reflect contemporary culture.
Cinema and Film
Movies and the film business influence our society by showing values, issues and aspirations. They explore subjects like history, traditions and personal stories that shape peoples views and emotions. Through storytelling movies can challenge norms, encourage introspection and offer viewpoints. Global films expose audiences to forms of artistry fostering understanding and respect for diverse cultures.
Music and Audio Media
Streaming services, podcasts and radio play a role in shaping our identities and emotions. Music, with its lyrics and melodies reflects our values, emotions and social movements often becoming the soundtracks for different eras. Services like Spotify and Apple Music provide a range of genres and artists that can impact our tastes and trends. On the other hand podcasts explore topics like crime and self improvement, encouraging conversations and idea sharing within our community.
Gaming and Interactive Media
Video games and media are having an impact on our society by providing experiences. Whether it’s through gaming virtual reality (VR) or augmented reality (AR) we now have the chance to immerse ourselves in stories, characters and settings. The gaming community has its own set of rules, groups and values that shape how we interact with media and each other. Additionally interactive media allows players to impact storylines and outcomes highlighting both cultural identities.
Educational Media
Educational resources like classes, videos and eBooks play a role in society by sharing knowledge and information. They promote learning and support comprehension by making resources available. Platforms such as Coursera, Khan Academy and YouTube offer chances for individuals and communities to engage with material.
Conclusion
Throughout history, the media has changed and had an impact on our society. Whether it’s newspapers, television, or the emergence of online platforms and content, each form of media plays a role in shaping how we view and engage with values, trends, and narratives. As the media continues to evolve its influence on culture remains significant, molding our perspectives and interactions with our surroundings. Acknowledging these media types and their importance allows us to navigate today’s complexities and appreciate the diverse ways in which culture is expressed and experienced.
Coach Boost Gio
by | Oct 22, 2024 | Business
Fathom launches in Asia-Pacific, redefining employer branding with data-driven insights and bold strategies, stepping in where Universum left off.
Hold onto your corporate handbooks, folks! While Universum’s tucking itself in for an early bedtime, Fathom (www.fathom.inc) has just gate-crashed the employer branding scene in Asia-Pacific, and is here to shake things up.
Yes, you heard it right Universum has left Asia-Pacific… but have no fear, Fathom is here…
Based in the futuristic hub of Singapore, Fathom’s leadership team is a collective of industry veterans, packing over 50 years of combined experience and already breaking boundaries.
Michael Parsons, the fearless CEO and former APAC ringmaster at Universum, has been stirring up the employer branding pot for longer than some millennials have been alive. He’s rubbed elbows with the big dogs at Unilever, HSBC, and J.P. Morgan, and his data-first approach is so spot-on, it makes even the most skeptical CFOs weak at the knees. Mike’s not just aligning employer branding with business objectives; he’s making them dance the tango.
James Robbins, Chief Commercial Officer and ex-delivery guru at Universum, is the Gandalf of digital marketing (minus the beard, plus a killer playlist). With 23 years under his belt, he’s been crafting campaigns that make Nokia and Diageo look cooler than a polar bear’s toenails. If marketing were a video game, James would be the guy with all the cheat codes.
Averie Lim, Head of Research and former crystal ball gazer at Universum, is the Sherlock Holmes of market research (but with better fashion sense). She’s got a knack for turning mind-numbing data into “aha!” moments that’ll make you want to high-five your laptop. Multi-country projects? She juggles those like a pro circus performer on a unicycle.
Not Your “I’m Tired, I’m Going to Bed Early” Employer Branding
Forget everything you thought you knew about employer branding. Fathom isn’t here to play by the old, tired rules – they’re here to flip the script, set it on fire, and dance around the flames. Their team of industry veterans (with more experience than you can shake a CV at) is injecting a shot of adrenaline straight into the heart of talent attraction.
They’re not just talking about a fresh coat of paint on the same old strategies. They’re rebuilding the entire house, and it’s got a killer sound system. Here’s how Fathom is revolutionizing the game:
• Insights: They dive deep into data like it’s the last slice of pizza at 2 AM.
• Strategy: They craft EVPs so compelling, they’ll make your competitors weep.
• Activation: They don’t just talk the talk; we moonwalk the moonwalk.
• Tracking: They measure success with the precision of a cat plotting to knock over your coffee mug.
Why Fathom? Because Mediocrity is So Last Season
They’re not just filling a gap in the market; they’re blowing it wide open. “The talent landscape in Asia is evolving faster than fashion trends,” says Mike Parsons, CEO of Fathom and certified disruptor. “We’re here to ensure businesses don’t just keep up – they lead the pack.”
In Conclusion (Because All Good Parties Must End)
While others might be taking an extended siesta from Asia, Fathom is here to stay, exploding with expertise, innovation, and a healthy disregard for the status quo. They’re not just filling shoes; they’re building an entire new wardrobe – and it’s turning heads from Singapore to Sydney.
For more information about how Fathom can revolutionize your employer brand (and possibly your sense of humor), visit www.fathom.inc, email **@****om.inc, or call/WhatsApp +65 8043 9783.
by | Oct 21, 2024 | Business
Asuene APAC has signed a Memorandum of Understanding (MOU) with REDEX, a Singapore-based renewable energy certificate solutions provider.
Through this partnership, we aim to promote “ASUENE,” a carbon accounting platform, and facilitate the buying and selling of renewable energy certificates (RECs) to provide comprehensive support for companies in their decarbonization efforts. 
Status of sustainability regulations in Singapore
In Singapore, starting in 2025, all listed companies will be required to report on climate change-related issues. Additionally, the carbon tax will significantly increase from the current S$5 per ton of GHG emissions to S$25, with expectations to rise to S$50-80 by 2030. Furthermore, Singapore is strengthening climate-related disclosures in line with the International Sustainability Standards Board (ISSB), accelerating its efforts to achieve net-zero as a hub in the APAC region. As a result, local companies and those with a presence in Singapore will need to calculate, reduce, and report their CO2 emissions.
Against this background, the number of companies participating in RE100, which aims for 100% renewable energy usage, is increasing. However, many companies face challenges in reducing Scope2 emissions due to the high cost and limited supply of renewable energy in Singapore. To address this issue, Singapore is encouraging the purchase and use of RECs from Southeast Asian countries based on Singapore Standard 673.
Details of the Partnership
“ASUENE” provides a carbon accounting platform for companies and local governments across their entire supply chains, in accordance with the GHG Protocol’s Scope 1-3. Additionally, we also provide sustainability consulting services. ASUENE’s strength lies in delivering comprehensive one-stop solutions for decarbonization, supporting companies in advancing their decarbonization management.
REDEX provides innovative technological solutions that enable companies to adopt renewable energy with ease. Headquartered in Singapore, REDEX is the developer and operator of Asia’s leading trading platform for RECs. It offers a one-stop ecosystem for RECs, supporting clients through the full REC lifecycle – asset registration, verification, marketplace and retirement.
With the signing of this MoU, we will strengthen our partnership in customer referrals and enhance our support for businesses aiming to achieve net zero through CO2 emissions visualization and the utilization of RECs.
Comment from Kang Jen Wee, Founder and CEO of REDEX
“Achieving the global ambition of net zero requires collaboration among multiple stakeholders. We are pleased to sign this memorandum with Asuene, sharing our expertise, resources, and services to create innovation and synergy that will further strengthen the decarbonization ecosystem and the renewable energy certification market.”
Comment from Masaaki Hamada, Managing Director of Asuene APAC
“As a leading provider of carbon accounting solutions in the APAC region, we continuously seek partnerships with companies that offer high-quality decarbonization solutions. Through our collaboration with REDEX, Asuene will enhance its portfolio of decarbonization options, allowing us to deliver even greater value to our customers in Singapore and the Asia-Pacific region.”
About REDEX
Company name: REDEX
Representative: ：Founder & CEO Kang Jen Wee
URL: https://redex.eco/
Asuene Company Profile
Asuene Inc. is a leading Climate Tech company in Japan with the mission of ”Making a better world for next generations”. We provide “ASUENE” a carbon accounting platform to measure, report and reduce carbon emissions of companies and we contribute to the net zero society.
Company name: Asuene Inc.
Representative: Founder＆CEO Kohei Nishiwada
Date of establishment: October, 2019
Headquarters: WeWork, KDX Toranomon 1Chome Building 4F, 1-10-5 Toranomon, Minato-Ku
URL: https://earthene.com/asuzero/apac
by | Oct 21, 2024 | Business
CARMEN, NORTH COTABATO | 18 October 2024— Kilambay Plantation Corporation (KPC), an agricultural startup based in Mindanao, joined the historic KAWAYANIHAN: A Circular Economy Movement on 18 October 2024. KAWAYANIHAN is a large-scale, simultaneous tree planting activity led by the Department of Science and Technology (DOST) Region XII in partnership with other stakeholders. It was held across 20 locations in Mindanao and aimed to set a Guinness World Record for ‘Most People Planting Bamboo Simultaneously Across Multiple Venues’.
In her message, KPC’s Chief Operating Officer (COO), Ms. Rochella “Ella” Taliño-Taray, emphasized the broader impact of the initiative, stating, “This is more than setting a record, it is a unified statement of hope for future generations.” She also highlighted KPC’s giant bamboo project’s contribution to local livelihoods, sharing that as of date, KPC has employed over 400 indigenous staff and field workers in Carmen. Likewise, she mentioned that the Corporation targets to establish a bamboo processing plant in Carmen that will generate more local jobs in the next few years.
KPC, through the leadership of Ms. Taliño-Taray, was tapped by the DOST Region XII to be its top partner for the attempt in Carmen due to its capability to provide bamboo seedlings in bulk, owning up to it being the biggest bamboo plantation in the entire region. Meanwhile, other participating LGUs had their own partners and funding sources. KPC partnered with other institutions and gathered hundreds of planters in Poblacion, Carmen. In addition, the Provincial Government of Cotabato, through Serbisyong Totoo Program of incumbent Governor Lala Taliño-Mendoza and the Municipal Government of Carmen also co-sponsored the event.
The event saw over 5,000 volunteers and participants planting and geotagging bamboo across 20 locations, including Carmen, Cotabato; Brgy. San Isidro, Talakag; Brgys. Alae, Dalirig, and Maluko in Manolo Fortrich; Brgy. Sta. Fe, Libona; Sta. Ines, Malitbog; Brgy. Puntian, Sumilao; Brgy. Kalusungay, Malaybalay City; Northern Mindanao Agricultural Crops and Livestock Research Complex, Cagayan de Oro City; Brgy Mangandoa, Balingasag; Brgy. Awang, Opol; Brgy. Sta. Ana, Tagoloan; Brgy. Lanise, Claveria; Kapalong, Davao del Norte; Matanao, Davao del Sur; Buenavista, Agusan del Norte; and Leyte in Eastern Visayas.
KAWAYANIHAN is an initiative created to encourage more individuals to plant bamboo in support of the growing demand for bamboo raw materials and spread awareness on the potentials of bamboo to generate jobs and combat climate change. Similarly, it is a step towards fostering greater collaboration between the government and the private sector to bridge gaps in policy making concerning the bamboo industry.
The result of the Guinness World Record Attempt will be announced on 28 November 2024 at Limetkai Center, Cagayan de Oro City, alongside the upcoming 2024 National Science, Technology, and Innovation Week.
Also present during the attempt in Carmen were DOST Undersecretary for Special Concerns Teodoro Gatchalian, DOST Region XII Director Engr. Sammy Malawan, Representative Ma. Alana Samantha T. Santos, Carmen Mayor Rogelio Taliño, KPC Partner and former Agriculture Secretary Luis Ramon P. Lorenzo, KPC Chief Executive Officer Jerry John Taray, and other public and private sector representatives. —
by | Oct 21, 2024 | Business
Gyukatsu-Motomura, a renowned Tokyo-based restaurant chain specializing in beef cutlets, is set to open its first location in Boracay, Philippines in November 2024. The restaurant aims to blend Japanese culinary excellence with the island’s tropical charm, offering both locals and tourists a unique dining experience.
Boracay Island, Philippines – The world-renowned Boracay Island is preparing to welcome a taste of Tokyo with the highly anticipated opening of Gyukatsu-Motomura. This authentic Tokyo-based restaurant chain, famous for its exquisite beef cutlets, is set to open its doors in November 2024, promising to elevate Boracay’s culinary scene to new heights.
“We’re excited to bring the flavors of Tokyo to the tropical paradise of Boracay,” says Claudie Gica, manager of Gyukatsu-Motomura Boracay. “Our restaurant will offer a unique blend of Japanese culinary excellence and the laid-back charm of island life.”
Located at 0445 Zone 5, Road 1 Laketown Balabag, Malay, Boracay, 5608 Aklan, Philippines, Gyukatsu-Motomura Boracay is perfectly positioned to serve both locals and tourists seeking an exceptional dining experience.
The restaurant’s signature dish, the gyukatsu (deep-fried beef cutlet), has earned rave reviews from food critics and enthusiasts worldwide. Gyukatsu-Motomura’s commitment to quality is evident in every aspect, from the selection of premium beef to the precise cooking techniques that result in a perfectly crispy exterior and a juicy, tender interior.
To celebrate its arrival in Boracay, Gyukatsu-Motomura is offering an exclusive opening deal. Diners can savor the flavors of Japan with their signature gyukatsu for only P988, a significant discount from the original price of P1288. This limited-time offer is sure to attract food lovers eager to experience Tokyo’s culinary delights on Boracay’s shores.
“We’ve designed our menu and atmosphere to complement the natural beauty of Boracay,” Gica explains. “Whether you’re a tourist looking for a unique dining experience or a local craving something new, Gyukatsu-Motomura Boracay offers a taste of Tokyo that perfectly complements the island’s tropical allure.”
As Boracay continues to evolve as a world-class tourist destination, Gyukatsu-Motomura Boracay is poised to become a must-visit spot for food enthusiasts and culture lovers alike. The restaurant isn’t just serving meals; it’s offering a journey – a chance to experience the heart of Tokyo without leaving the pristine beaches of Boracay.
Gyukatsu-Motomura Boracay is set to open its doors in November 2024. To take advantage of the exclusive opening offer and secure your spot, visit https://gyukatsumotomura.com/opening-soon. Early reservations are highly recommended as space is limited.
For more information on Gyukatsu-Motomura Boracay
Website: https://gyukatsumotomura.com/opening-soon
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