by | Sep 24, 2024 | Business
Since its launch a week ago, the VinFast VF 3 has sparked significant interest, particularly among those considering buying an electric vehicle (EV) or purchasing their first car. As one of the most affordable EV options in the Philippines, the VF 3 combines low operating costs with the practicality of an A-segment car and even some two-wheeled vehicles.
VinFast has prepared this story that presents a cost breakdown of owning a VF 3 and highlights the key benefits, thereby demonstrating why the VF 3 is a game-changer for Filipinos. This mini-SUV E is designed to offer both practicality and savings, making it an ideal choice in today’s market.
Additionally, customers who reserve the VF 3 from September 26 to October 15 can avail of a special price for as low as Php 605,000. More details on this special introductory pricing are found in the press release.
Weighing the Benefits: The VF 3 vs. A-Segment Cars vs. Motorbikes
VinFast launched the VF 3, its electric mini-SUV, in the Philippines last September 17, offering a budget-friendly option with low operating costs comparable to A-segment cars and some two-wheeled vehicles. In this story, VinFast compares the numbers and highlights the benefits that demonstrate why the VF 3 stands out as a truly cost-effective vehicle for Filipinos.
MANILA, PHILIPPINES | 24 September 2024 — As the electric vehicle (EV) market expands globally, VinFast, the upstart EV maker, officially launched its VF 3 mini-SUV to the Philippines last September 17, 2024. This marks the first VF 3 international launch outside of its home market, and VinFast’s latest offering comes with bold claims: the electric mini-SUV promises better comfort, weather protection, and a monthly operating cost that rivals that of some A-segment cars and the humble gasoline motorbike.
The idea of owning a mini-SUV with operating costs almost at par with an entry-level vehicle or a motorcycle seems too good to be true, but VinFast may just have found a way to make it possible.
A Cost Comparison: VF 3 vs. Gasoline Vehicles
VinFast has set the VF 3 at an introductory price of Php 605,000 (with battery subscription) or Php 705,000 (with battery purchase) for early customers. After September 30, the prices will revert to Php 645,000 and Php 745,000, respectively. However, the real game-changer here isn’t the purchase price but rather the operating costs of owning a VF 3.
To see how the VF 3 fares in comparison to its gasoline-powered alternatives in the Philippines, VinFast crunched some numbers and compared the monthly operating costs of the VF 3 (both battery purchase and subscription versions) to those of a typical ICE car in the A-segment and a standard gasoline motorbike. Here’s how they did it:
Methodology
VinFast began by analyzing the average fuel consumption of three common A-segment ICE cars (price range of Php 660,000 to Php 840,000) and three popular gasoline motorbikes (price range of Php 81,000 to Php 166,900), resulting in 5.803 L/100km and 2.12 L/100km, respectively. They also calculated the VF 3’s energy consumption at 13.95 kWh/100km. Additionally, VinFast factored in the average electricity cost (Php 11.34/kWh) and gasoline price (Php 64.34/L) in the Philippines. For the VF 3, they considered VinFast’s battery subscription plan, which reduces the initial price by Php 100,000 and added a monthly fee based on travel distance:
- Under 1,500 km: Php 2,800
– 1,500-2,500 km: Php 3,800
– Over 2,500 km: Php 6,300
The monthly operating costs for driving 1,500, 2,500, and 3,500 kilometers were calculated using these figures. The fuel or energy costs for an average ICE motorbike/car and the VF 3 (with battery purchase) were determined using the following formula: (Monthly Distance) x (Energy Cost Per Kilometer) x (Fuel/Electricity Price). For the VF 3 with a battery subscription, the subscription fee was added to the calculation.
As the table shows, the VF 3’s battery purchase version costs about half as much to run as the average ICE car in the A-segment, particularly as distance increases. Even with the battery subscription plan, the VF 3 still offers a lower operating cost compared to gasoline cars, though it is significantly higher than a motorbike due to the added subscription fee (although the subscription model already helps lower the initial purchase price by Php 100,000, potentially amounting to years of subscription fee).
The Evident Benefits of the VF 3
For budget-minded consumers, the VF 3’s value proposition is clear. At a slightly higher operating cost than a motorbike, you gain the comfort of a mini-SUV, complete with air conditioning and shelter from the elements, all while enjoying the fuel savings of an electric vehicle. For those considering an entry-level car, the VF 3 is a cost-efficient solution for the daily commute. Perfect for city driving, the VF 3’s compact size makes it easy to navigate urban areas, while still providing the safety typically found in larger cars.
Maintaining an electric vehicle is also significantly simpler compared to an ICE car or even a motorcycle. Electric cars like the VF 3 require far less maintenance. There’s no engine oil to change, and fewer mechanical parts mean a longer maintenance cycle. Moreover, the VF 3 is a personal statement with 9 colors to choose from and offers a playful canvas for customization, truly allowing you to put your own stamp on the car.
VinFast also offers one of the best after-sales service programs in the market. The VF 3 comes with a 7-year or 160,000-kilometer warranty for the vehicle itself, while the battery (if purchased) has an 8-year, unlimited mileage warranty. If you opt for the battery subscription, VinFast takes it a step further by providing free battery replacement if the charging capacity drops below 70%. This assurance goes a long way in eliminating concerns about battery lifespan and overall vehicle reliability.
Is the VF 3 Worth It?
Ultimately, the decision comes down to your personal needs and preferences. If you’re looking for something more substantial than a motorbike but still want to keep your monthly operating costs low, the VF 3 presents a compelling case as a fully enclosed vehicle with better safety, comfort, and practicality. Just like in Vietnam, the VF 3 offers city-dwellers in the Philippines an affordable entry point into the world of electric vehicles without sacrificing comfort or convenience.
Launch Promo Pricing
From September 26 to October 15, early customers who reserve the VF 3 will enjoy several attractive incentives and privileges, including a special price of Php 605,000 (battery subscription) or Php 705,000 (battery included). After this period, the prices will revert to the MSRP of Php 645,000 (battery subscription) and Php 745,000 (battery included).
Additionally, early VF 3 customers will have the privilege of choosing from nine striking exterior paint colors, including four base colors and five premium options, free of charge. Premium paint colors will cost an additional Php 20,000 after this period. Moreover, for only Php 40,000, early customers can customize their car’s paint beyond the nine available colors. This will be the only time VinFast offers this exclusive privilege for the VF 3.
VinFast is accepting deposits of Php 5,000 through its official website (https://shop.vinfastauto.ph/vf3) or at authorized dealerships (refundable under VinFast’s terms).
by | Sep 24, 2024 | Business
The SEC’s Office of Investor Education and Advocacy is releasing this Investor Alert due to the ongoing exploitation of the popularity of crypto assets by fraudsters. These scammers are increasingly targeting retail investors, capitalizing on the widespread enthusiasm and interest in digital currencies. By leveraging the allure and perceived profitability of crypto assets, these criminals can deceive and draw unsuspecting individuals into a variety of fraudulent schemes. This alert aims to address and mitigate the risks faced by investors in this rapidly evolving market.
Crypto assets encompass a broad spectrum of digital assets, commonly referred to as cryptocurrencies, crypto, coins, and tokens. Each of these assets operates on underlying blockchain technology, which offers certain advantages such as decentralization and security. However, this same technology can also be exploited by malicious actors to conduct fraudulent activities with relative anonymity. The SEC’s goal with this alert is to raise awareness among investors about the inherent risks associated with investing in these digital assets. They emphasize the importance of conducting thorough research and exercising caution when considering investments in the crypto space.
By providing detailed information and guidelines, the SEC aims to empower investors to recognize and avoid potential scams. This includes understanding the characteristics of legitimate investment opportunities versus fraudulent schemes, the importance of verifying the credibility of crypto asset platforms, and the necessity of being skeptical of unsolicited investment offers. Ultimately, the SEC’s proactive approach in issuing this Investor Alert is to ensure that investors are better informed and protected in the dynamic and often unpredictable world of crypto assets.
Fraudsters frequently leverage innovations and emerging technologies to execute investment scams, particularly in the realm of crypto asset securities-related investments. These criminals exploit the novelty and complexity of these digital assets to deceive unsuspecting investors. Despite the concerted efforts of federal and state regulators to bring enforcement actions against such fraudulent activities, retrieving money from these fraudsters remains a significant challenge. This difficulty arises from the intricate nature of tracing and recovering funds within the digital landscape of crypto assets.
Fraudsters employ a wide range of strategies to persuade investors to part with their hard-earned money. Understanding these tactics is crucial for safeguarding your investments, particularly in the rapidly evolving and often confusing world of crypto assets. To help you stay vigilant and protect your finances, here are five key warning signs to watch out for, which can prevent you from falling victim to crypto asset scams.
5 Ways Fraudsters May Lure Victims Into Scams Involving Crypto Asset Securities
1. Fraudsters Connect With You on Social Media Platforms or Through a Supposedly Accidental Text Message, and Then Gain Your Trust.
Fraudsters frequently exploit social media platforms and other communication channels to initiate contact with potential victims, often posing as old friends or making accidental introductions. These scammers quickly move conversations to private channels, where they build trust through friendship or romantic relationships. Once trust is established, they lure victims into investing in supposedly lucrative opportunities, often involving crypto assets, by directing them to fake websites or apps. Initially, victims may see fake profits and even withdraw small amounts, furthering their trust. However, when attempting to withdraw larger sums, victims are met with excuses or demands for additional payments to cover fees or taxes. Ultimately, these scams, sometimes referred to as “pig butchering scams,” result in victims losing their entire investments with no possibility of recovery.
2. Fraudsters Exploit the Hype Around Emerging Technologies Such as Artificial Intelligence (AI).
Fraudsters may exploit the hype around artificial intelligence (AI) to lure investors into crypto asset scams. They use AI-related buzzwords and fake claims about AI-driven investment opportunities to entice you, with the real aim of stealing your money. Additionally, scammers may use AI to create convincing but fraudulent websites, marketing materials, or even deep fakes of celebrities and loved ones to gain your trust and persuade you to invest. Stay vigilant and skeptical of investment opportunities that heavily promote new technologies like AI.
3. Fraudsters Impersonate or Exploit Trusted Sources.
It’s crucial to remain vigilant against communications that may falsely claim to be from official U.S. government sources, including the SEC. Always verify the authenticity of any message before providing personal information. With advancements in AI technology, fraudsters have become more adept at impersonating trusted individuals and organizations, heightening the risk of scams. Be cautious, especially if you receive messages from friends or family that seem unusual, as these could be the result of hacked accounts or deepfake technologies. Protect yourself by confirming the identity of the sender through reliable channels before engaging in any financial discussions or transactions. Stay informed and safeguard your personal information to avoid falling victim to these increasingly sophisticated schemes.
4. Fraudsters May Pump Up the Price of a Crypto Asset and Then Sell at Your Expense.
pump-and-dump schemes involving crypto assets, particularly memecoins, are a serious risk for investors. Fraudsters manipulate these coins by creating hype on social media and encouraging others to buy in, only to sell their holdings for profit before the price crashes. This often leaves unsuspecting investors with significant losses. To safeguard your investments, it’s essential to avoid making decisions based solely on social media information. Always conduct thorough research and rely on credible sources before engaging in any financial activities related to cryptocurrencies. Stay informed and cautious to protect your assets from such scams.
5. Fraudsters Demand Additional Costs That They Falsely Claim Will Allow You to Withdraw From Your Account, or to Recover Losses.
Investment scams, particularly those involving crypto asset securities, often involve advance fee fraud, where fraudsters require you to pay bogus fees to access your funds. They may falsely claim that your account has been frozen due to regulatory issues, pressuring you to pay substantial amounts to “unfreeze” it. Unfortunately, if you comply, you are likely to lose both your initial investment and the additional payment. To protect yourself, be wary of any requests for upfront fees or payments and always verify claims independently before taking any action. Stay informed and cautious to avoid falling victim to these deceptive schemes.
Fraudsters may also approach you if you’ve already suffered losses from bankruptcy or a previous scam. They might request your private key to access your crypto assets or ask you to invest more money or crypto, promising to “help” you recover your losses. In truth, if you comply, you are unlikely to regain your initial investment and will probably fall victim to another scam.
Avoid getting swept up in the fear of missing out (FOMO) on what appears to be a new or “cutting-edge” investment opportunity. If you’re thinking about investing in crypto asset securities, be vigilant for the tactics mentioned earlier and other red flags that may indicate a scam. You can check the development of foreign stocks, especially in the United States, through the Nanovest app, as users will always receive the latest news and information from Nanovest analysts. Nanovest is safe and licensed by BAPPEBTI and protected from cybercrime by sinarmas insurance, so users do not need to worry about the security of their assets.
If you are interested in investing in US stocks, the Nanovest investment app can be a good choice as it offers more than 2000 US stocks and over 600 cryptocurrencies. In Nanovest, you can also earn a net profit of 5% per year just by topping up. Enjoy the benefits of a green market by investing in Nanovest!
by | Sep 24, 2024 | Business
Celebrating its 6th anniversary, Bitrue is holding a free crypto giveaway event for users. The lucky draw prize is up to 1,000,000 USDT. Want to participate in this event? Read the terms and conditions below.
Good news for Bitrue users! Celebrating the 6th anniversary, Bitrue is currently holding a raffle event with crypto token prizes up to 1,000,000 USDT! This event is specifically for Bitrue users.
If you want to get free crypto tokens, see the conditions and how to take part in the anniversary event from Bitrue in the following explanation.
Getting to know Bitrue
Before explaining about the free crypto giving event from Bitrue which is celebrating its 6th anniversary, let’s understand how Bitrue works as a global crypto exchange. Bitrue is a trusted global crypto exchange.
Founded by a group of blockchain enthusiasts, Bitrue of course always provides services that make it easier for users to carry out investment transactions in the crypto ecosystem.
By transacting crypto on Bitrue, you have at least the following 3 experiences,
- Secure Transactions: Bitrue is equipped with cold wallet technology with 2FA and leading multi-signature.
2. Faster: Bitrue has a unique core pair system so it ensures trading is done correctly in a short time.
3. Easier: Bitrue is equipped with the latest technology, but is easy to operate even by laypeople.
Bitrue has various features that you can not only use to make crypto transactions easily but also do research before deciding to buy a token.
Because, you can check the price of a token in real-time so you can carry out technical analysis easily, check the price conversion of the crypto token price to USD, and carry out fundamental analysis by accessing thousands of articles about projects being carried out in the crypto ecosystem,
Get Free Crypto from the Bitrue Anniversary Event
The 6th Bitrue anniversary event is underway and will end in 9 more days. Prizes distributed are crypto tokens with a value of up to 1,000,000 USDT.
There are no special conditions To take part in this event, you only need to be a Bitrue user by making transactions there. Transactions count for all features such as Crypto Trade, COIN-M Futures, and USDC Futures.
Bitrue’s anniversary event system means that users will get the opportunity to draw prizes of different amounts. Users will get lottery tokens for every transaction with a value of 2.000 USDT or equivalent.
The number of lottery tokens you get is unlimited, you can get as many as possible according to the number of transactions you make.
Users can check the ranking in real-time on the Bitrue website to find out the number of users, how many crypto tokens each user received, and various updates about this event.
Later, the prize will go directly to the user’s future account exactly 2 hours after you get the prize. For every token earned but not used until the end of the event period, the token will be forfeited.
Conclusion
That is the information regarding Bitrue’s 6th-anniversary celebration event. Don’t hesitate to participate, okay? Because, when else can you get free crypto just by making transactions without complicated special conditions? With Bitrue, investing in the crypto ecosystem can be easier and more profitable!
by | Sep 23, 2024 | Business
Before listing on September 26, make sure you follow the Hamster Kombat airdrop event held by Bitrue. To know the terms and conditions, read this article to the end.
Hamster Kombat offers various interesting opportunities for players to get prizes, one of which is through airdrops. Before the HMSTR listing in 3 days, Bitrue is still waiting for your participation to take part in the event airdrop Hamster Kombat.
For those of you who like Hamster Kombat and want to make money from this mini-app, read this article to the end. Apart from information about the airdrop, we will also review how the HMSTR token performed in the pre-market.
Hamster Kombat Airdrop: Register Before It Ends
To celebrate Hamster Kombat’s listing on September 26 on Bitrue, there is an HMSTR airdrop event that you can take part in. Anyone can participate in this airdrop event by registering as a user on Bitrue.
For the requirements for taking part in this Hamster Kombat airdrop, you can read the explanation below.
- Register as a Bitrue user and complete KYC level 2.
2. Deposit 100 USDT or other tokens of equivalent value.
3. Trading more than 100 USDT with the pairs DOGS/USDT, TON/USDT, NOT/USDT, CATI/USDT (coming soon), and HMSTR/USDT (coming soon).
4. Trading will be calculated by adding up both sells and buys made by the user.
Hamster Kombat Bitrue Airdrop Gift
This Hamster Kombat airdrop has been held since September 13 and ended on 27 September, the day after Hamster Kombat’s listing on Bitrue.
After you fulfill the conditions above, you will receive a prize which will be distributed a maximum of 7 working days after the event ends. The total prize in this airdrop event is up to 10.000.000 token HMSTR, you know.
What are you waiting for? Register yourself immediately to take part in this airdrop from Bitrue.
How to Claim Hamster Kombat Airdrop
As additional information, Hamster Kombat also held an airdrop on the same day as the listing schedule. If you are a loyal Hamster Kombat player, you will be one of the players eligible to get HMSTR tokens.
If at this time you are still confused about how to claim HMSTR, you can follow these steps.
- Open Telegram and search for the TON Wallet bot.
2. Start a chat with the bot by clicking on it and selecting the ‘Start’ option.
3. Follow the instructions given by the bot to set up your wallet. This will involve generating a secure password and suggesting a recovery phrase for your wallet.
4. Once your wallet is set up, you can connect it to the Hamster Kombat game by following the instructions in the airdrop section. This connection ensures that all rewards from the airdrop are transferred directly to your TON Wallet.
As a special note, you can top up TON in your wallet. Because, even though connecting Hamster Kombat in this TON wallet is free, there is a gas fee that can be charged to the user.
Pre-Market Hamster Kombat
Currently, Hamster Kombat has not yet been officially listed. However, Hamster Kombat is already in the pre-market. The price of Hamster Kombat is currently around $0.04269 which has recorded a decline of more than 7%.
It is estimated that the graph and price of Hamster Kombat above are only temporary and enthusiasm for Hamster Kombat will rise again in the days leading up to the listing on September 26.
Conclusion
That is the complete information regarding the Hamster Kombat airdrop, both in the Hamster Kombat game and on Bitrue. You can continue to follow developments in the Hamster Kombat listing by accessing the Bitrue website.
Apart from being able to check the Hamster Kombat airdrop event, the Bitrue website also allows you to check HMSTR price in real-time when it is listed. You can also check the price of HMSTR to USD easily.
Not only that, it also explains about how to withdraw HMSTR to Bitrue. That way, you can more easily monitor your crypto investment portfolio.
by | Sep 23, 2024 | Business
PREPsafe, a trailblazer in the food safety industry, proudly announces its official launch in the Philippines, under the visionary leadership of CEO Helen Gica. With an inspiring story, Helen exemplifies perseverance, determination, and a commitment to empowering the next generation of Filipinos.
A Journey of Resilience and Inspiration
Helen Gica was born and raised in Iloilo City, in a household that faced numerous economic hardships. Despite these challenges, she demonstrated remarkable resourcefulness, intelligence, and ambition. These qualities enabled her to successfully navigate the different stages of her career from call centers to hospitality, ultimately rising to a position of leadership and success. Throughout her career, Helen consistently sought ways to work smarter, simplify processes, and improve efficiency and effectiveness.
Her ambition led her to explore opportunities abroad, where she worked tirelessly in Bali and Australia. It was during this time that she discovered her passion for the food safety industry. Helen hustled to gain a foothold, learning the intricacies of food safety standards and regulations, and gaining invaluable experience that would later prove essential in her career.
As a proud member of the LGBTQ community, Helen champions diversity and inclusion, inspiring others to embrace their authentic selves. Her journey from humble beginnings to becoming the CEO of PREPsafe Philippines is a testament to what can be achieved through hard work and determination.
Breaking Gender Stereotypes and Enhancing Diversity
In a field traditionally dominated by men, Helen is breaking down gender stereotypes and redefining leadership in the food safety industry. By assuming the role of CEO, she challenges the status quo and paves the way for more women to enter and thrive in this sector. Helen believes that diversity drives innovation and creativity, and she is dedicated to fostering an inclusive environment within her company and the broader industry.
Introducing PREPsafe’s Innovative SolutionPREPsafe is dedicated to transforming food safety standards in the Philippines with its innovative product: specialized sticker labels and the Preppy app. These tools simplify food safety practices, ensuring proper labeling and tracking of food items. Just as Helen has worked to streamline processes throughout her career—implementing efficient systems and protocols to overcome challenges—PREPsafe aims to enhance food handling and preparation safety across the country.
By combining user-friendly technology with practical solutions, PREPsafe addresses common pain points in food safety management, allowing businesses to easily comply with regulations while reducing the risk of errors. The specialized labels provide clear, accurate information on food storage and expiration, while the Preppy app enables real-time tracking and management of food items. This approach not only simplifies the food safety process but also empowers food businesses to operate more effectively, ensuring safer food for all Filipinos.
A Call to Action
Helen invites young Filipinos and aspiring entrepreneurs to join her in this journey toward an efficient, healthy, and safe future. “I want to show everyone that no matter where you start, you can achieve your dreams with hard work and perseverance,” she says. “PREPsafe is not just a company; it’s a movement to uplift and empower our community through safe and healthy food practices.”
Join Us in Celebrating a New Era
The launch of PREPsafe in the Philippines marks a significant milestone in the company’s mission to elevate food safety standards. As we embark on this journey, we invite partners, stakeholders, and consumers to join us in making a difference.
For more information about PREPsafe and its products, please visit ph.prepsafe.com
by Penny Angeles-Tan | Sep 23, 2024 | Business
Bitcoin price rose quite sharply after the Fed announced a rate cut. At the same time, whales sold BTC in large amounts. How does this affect the BTC price?
Bitcoin price soaring up The Fed officially announced an interest rate cut. After struggling to reach $60,000 for a long time, BTC has now jumped to more than $63K.
Understand the current BTC price chart analysis. And is it true that there is a whale who sells BTC in large quantities? Check out the reasons and implications for the crypto industry.
Current Bitcoin Price Chart
When this article was written on September 20, 2024, the price of BTC to USDT is soaring at $63,749 with an increase of +2.93% in the last 24 hours. In the same period, BTC reached its highest point at $64,133.
The Bitcoin price chart above is taken from Market Bitrue. It can be seen that the graph gives a very positive signal for the current condition of BTC. In fact, the RSI number is far above 50. With the number 71.71, buying BTC tokens is becoming a popular trend compared to selling it.
The MACD indicator is also rising above the border line. The gap between the two lines indicating that BTC will soon experience an impressive bull run.
Current technical analysis is quite impressive. However, seeing that the flow of crypto coin prices is always fluctuating, you can always do research before making an investment. You must always do the DYOR technique.
To make it easier for you to do independent research, the Bitrue website can help you. Because, Bitrue provides easy access for you to check the price conditions of BTC and other crypto coins in real time.
Whales Selling BTC in Large Amounts
When the price of Bitcoin finally reached more than $63,000, a whale actually sold the BTC tokens he owned. No half-hearted, whate sold up to 1,030 BTC with a selling value of approximately $64.3 million on one of the global crypto exchanges.
This action certainly attracts attention. Moreover, BTC token holders are having fun celebrating the increase in BTC prices. However, selling tokens when their value rises is actually common in the crypto industry. This is a strategy to make a profit, especially when the token holder buys it when the price drops.
However, the slightest movement from investors in the crypto industry certainly has an impact on the state of the token. So, what is the impact of selling this large amount of BTC? Pay attention to the following points.
- BTC prices can change along with selling large amounts of Bitcoin and affect the existing RSI indicator2. This BTC sale can trigger BTC price volatility
BTC and Its Popularity
After the Fed announced it would cut interest rates by 50 bps, Bitcoin prices tended to rise. This could trigger an increase in the prices of other tokens as well so that the crypto industry experiences a positive price shift.
Bitcoin is called the king of crypto for a reason. The reason is, when the price of BTC experiences an increase or decrease, the prices of other tokens will also be affected, both in positive and negative directions.
Even though when the price drops or during the Bitcoin halving the price of alternative coins will tend to rise because BTC dominance falls, Bitcoin’s popularity remains brilliant. This oldest token will still be suitable for investment purposes.
When you are interested in investing in BTC, you can learn how to buy Bitcoin. Check prices Bitcoin to USD It can also be used as primary research to check current prices so that you can determine the appropriate allocation of investment funds according to your abilities.
by | Sep 21, 2024 | Business
BOEMI Botanicals a natural personal care known as Heritage Nature’s Skin Food, a local brand from Island of Gods, Bali – was invited by the Consulate General of Republic of Indonesia in Istanbul to participate in Beauty Istanbul Exhibition – an international beauty exhibition- at Istanbul Congress Centre & Lutfi Kirdar & Hilton Convention Centre, Taksim, Istanbul, Turkey from October 2 to 4, 2024.
The
global skincare industry has nearly doubled in the last decade. The trend
toward healthier lifestyles is impacting every aspect of our lives, including
the products we use. In recent years, there has been a significant increase in
consumer awareness regarding the ingredients used in personal care products,
resulting in a growing demand for clean, sustainable, and natural alternatives.
This shift is driven by various factors, including increased consumer awareness
of the potential health and environmental impacts of synthetic chemicals, as
well as a growing preference for products perceived as more sustainable and
eco-friendly.
Beauty
Istanbul, confirming itself as one of the world’s most important cosmetics,
beauty, hair, home care, private label, packaging and ingredients exhibitions.
It will be held at the Istanbul Congress Centre & Lutfi Kirdar &
Hilton Convention Centre, Taksim, Istanbul, Turkey.
Beauty
Istanbul, with 24
years of industry experience, reaches 169 countries and attracts over 16,000
potential trade visitors. The event’s tailor-made international exhibition
program aims to ensure quality buyers and host 600 international skincare and
beauty buyers from around the world from Caucasia & Central Asia, the
Balkans, Sub-Saharan Africa, North Africa, the Middle East, and the Gulf
countries due to its central location between continents. They claimed as the 5th
biggest cosmetic fairs worldwide with 680 exhibitors from 59
countries and the most international cosmetic fair with 14,017 trade
visitors from 157 countries.
BOEMI
Botanicals was invited by the Consulate General of Republic of Indonesia in
Istanbul to participate in an event at the Istanbul Congress Centre & Lutfi
Kirdar & Hilton Convention Centre, Taksim, Istanbul, Turkey from October 2 to 4. BOEMI
Botanicals showcased the natural care products at the Wonderful Indonesia Booth
#1 R 500 along with other 4 selected Indonesian local brands.
“By participating in the event, we
hope to generate positive exposure for a local brand, enabling them to share
their story and message on a wider scale, and potentially tap into more diverse
international markets. This aligns with the values we uphold at BOEMI
Botanicals, where we prioritize creating high-quality natural products and
contributing to the community,” explained Ribka Anastasia, General Manager
of BOEMI Botanicals.
by | Sep 20, 2024 | Business
Midori Climate Partner Pte. Ltd. (Headquarters: Singapore) has partnered with CSNC Agriculture Co., Ltd., an agricultural commodity trading firm that recently launched a cashew nut processing factory in Kampong Thom, Cambodia, to initiate a biomass waste management project. This project will produce biochar to improve degraded soils while generating carbon credits, promoting sustainable agriculture, and supporting climate change mitigation efforts. Through its application as a soil amendment, the project is expected to enhance soil quality and generate 10,000t CO2e of carbon credits annually from carbon removal activities. This initiative will contribute to Cambodia’s sustainable industrial development and environmental protection.
Expanding
Biomass Suppliers
The project will primarily
use cashew nut shells as biomass waste to produce biochar. In addition to
cashew nut shells, the project is actively seeking other sources of biomass
waste within Cambodia. This includes pruned branches from rubber and cashew nut
plantations, rice husks, durian shells, cassava residues, and mango seeds.
Biomass suppliers who contribute to the project will be given priority for
receiving biochar-based organic fertilizer, which can be used to increase crop
yields and reduce chemical fertilizer usage.
Calling
for Project Partners and Supporters
The biochar production
machinery, a pyrolysis device, will be installed and operational the first half
of 2025. The project is currently seeking donors and corporate carbon credit
buyers to support its early-stage development. We welcome partners committed to
promoting sustainable business growth through Cambodia’s circular economy,
particularly within the cashew nut industry. For potential collaborators, please contact in**@************er.com
About
Midori Climate Partner
Midori Climate Partner Pte.
Ltd. is a carbon credit developer focused on ecosystem restoration and carbon
credit generation, with a primary focus on Southeast Asia. Our initiatives
include biochar soil application, agroforestry, and mangrove restoration,
driving positive environmental impacts and global sustainability. Midori
provides technical and financial assistance to processing factories, farmers,
landowners, and communities to facilitate sustainable transitions in their
operations, enabling them to earn additional income through climate finance.
Please visit www.midori-partner.com for more information.
by Penny Angeles-Tan | Sep 20, 2024 | Business
The Fed’s rate cut announcement has impacted the crypto ecosystem. Will the USDT price paired with other crypto tokens also increase?
After the Fed announced interest rate cuts, the cryptocurrency industry heated up. Many tokens have experienced price increases. So, what about the USDT price? Has the USDT token pair also experienced positive price changes? The following is the explanation.
Impact of the Fed’s Interest Rate Cut Announcement
The Fed has announced a 50bps cut in interest rates. This condition has heated up various investment assets, including the crypto industry. The majority of crypto tokens have even gone “green”. This condition is of course encouraging for crypto token holders.
Bitcoin recorded its price at $63,532 with an increase of 1.8% in 24 hours. Then there is Ethereum which has recently experienced a decline and even received a bad reaction from its holders because the price continues to fall. But now, ETH is up 4.65% and has a price of $2,545.
However, it turns out that the condition of positive price changes after the announcement of the interest rate cut does not apply to USDT. USDT Price fell by 0.01%.
Tether USDT Dominates the Stablecoin Market
In the stablecoin market, Tether USDT continues to strengthen its teeth. TON’s USDT Tether dominates and records itself with an increase of up to 75%, from the previous 55%. Its market capitalization even exceeds $118 billion. This figure is proof of the significant increase in Tether USDT in the last 2 years.
There are several reasons why Tether USDT has had such a significant increase now, namely:
- Tether USDT has a strong network with better liquidity than other stablecoins so users have more trust2. Users shift away from USDC due to the collapse of Silicon Valley Bank 3. Tether also has an allocation of US government bonds, thus providing income of up to hundreds of millions for Tether itself.
Conclusion
That is information regarding the current condition of the crypto industry after the announcement of the Fed’s interest rate cut. Even though Tether’s USDT price tends to fall compared to other crypto tokens which rise, this can be a moment to buy USDT as an investment strategy.
However, investing in crypto assets must be accompanied by in-depth research. Carry out technical and fundamental analysis to find out what the condition of the token will be now and in the future.
You can learn how to buy USDT, check prices USDT to USD, to find out the price in real-time on Bitrue. Take advantage of Bitrue’s various features to conduct independent research so that you are more confident in investing in digital assets.
by Penny Angeles-Tan | Sep 20, 2024 | Business
The EIGEN Season 2 Stakedrop is only specifically for 3 categories of recipients. Are you among those eligible to receive this EIGEN airdrop?
Through its official account on X, the EigenLayer Foundation announced its airdrop event. The EIGEN Season 2 stakedrop was announced on September 4. However, there has been no additional announcement regarding exactly when this airdrop will take place.
Stakedrop EIGEN Season 2 is only specifically for 3 categories of recipients. Are you among those eligible to receive this EIGEN airdrop? Check out the explanation below.
Mengenal EigenLayer
Before discussing EIGEN Season 2 Stakedrop, let’s first discuss EigenLayer. That way, you will become more familiar with this protocol.
So, EigenLayer is a protocol on the Ethereum network. This protocol is very innovative because, with EigenLayer, users can restake ETH that has previously been staked on the Ethereum Beacon Chain.
In this way, the ETH owned by users can be used again to secure other projects built on the Ethereum network. The emergence of EigenLayer makes using ETFs much more efficient.
EigenLayer also helps improve the security of the Ethereum network and projects built on the Ethereum network. With more validators securing the network, the network will become more decentralized and resistant to attacks.
This protocol also opens the door to the development of new, innovative projects on top of Ethereum. That way, developers can easily access the security resources provided by EigenLayer without needing to build their security infrastructure.
EIGEN Season 2 Stakedrop
On September 4, EigenFoundation announced its airdrop event with the title Stakedrop EIGEN Season 2. This event will be held on September 17 2024. However, there is a possibility that it will be held before that date.
There are only 3 categories of recipients who are eligible to take part in this EIGEN airdrop event, namely Stakers & Operators, Ecosystem Partners, and Community. The following is a more detailed explanation.
1. Stakers & Operators
This recipient category is users who have staked ETH or EIGEN tokens. Later, stakers can immediately claim prizes when the airdrop officially opens. To calculate rewards, you can check the following table.
2. Ecosystem Partners
The EIGEN airdrop recipient category includes AVS, LRT, Rollup, RaaS, and other main contributors who meet the requirements of the EigenLayer ecosystem.
3. Community
The community in question is supporters, contributors, and early users of the EigenLayer project. Later, this category will be assessed by carrying out social identity verification as confirmation that the user is indeed in this category.
Conclusion
That is the information about the EIGEN Season 2 Stakedrop. You can follow the latest information about EigenLayer and the official date for holding the season 2 stakedrop by accessing the Bitrue blog.
Bitrue has a variety of the latest information about the crypto ecosystem. That way, you will always be up to date with the various crypto projects currently underway.
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