BOEMI Botanicals Presented Indonesia's Heritage Natural Products On the Global Stage At Beauty Istanbul Exhibition 2024

 

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.

About BOEMI Botanicals

BOEMI Botanicals is a nature local brand in Bali that offers natural skin food for people who are interested in nature-based personal care products.

Basic ideas BOEMI Botanicals were born over the recipes created by our ancestors. Held as a family secret passed down for generations, ancient recipes were heavily guarded before they were finally exposed and called cultural heritage. We all know that natural heritage products successfully kept the skin healthy and detoxified for overall health and well-being, and that's an essential key to our brand.

BOEMI Botanicals focuses on the idea of natural and all come from “bumi” (in English meaning earth) productions with customized healthy skin-food products. BOEMI means “bumi” and “oemi/ibu” – two essentials the company dearly holds.

We try to implement the “all women employees” in our humble company because we believe and are committed to building a business to empower the community together, especially a woman.

Indonesia surrounded by unique herbs, fruits, and flowers that contained healing purposes both for medical and beauty ritual. More than 1,200 years old history, our ancestor created recipes that kept the skin healthy and detoxified for overall health and well-being, treating ailments ranging from body, hair, and skin conditions to general daily health maintenance.

Historically, plants were also proven to produce products for cleaning, moisturizing, covering up blemishes, and even treating minor skin conditions.

Held as family secret passed down for generations, ancient recipes were heavily guarded before they finally open the secret and discover as cultural heritage. BOEMI Botanicals absorbs the perspective and creates our natural products from Shampoo, Body Soap, Conditioner, Body Oil, Body Butter, and Body Scrub, to Body Oil. We believe if we "feed" our skin with natural ingredients, we can feel the benefits of Mother Nature.

The products come with different aromas from Kesturi, Tanabasa, Aroma Terapi, Senja, and Rempah while some have another unique aroma such as Percik for Hand Sanitizer.

The other services our humble store prepares are the Refill and Recycling Program where customers encourage refilling our product with their bottle and give back unused empty bottles. The main purposes are to reduce waste and environmental pollution protect natural ecosystems and provide immediate benefits to human health, all of which enhance the long-run sustainability of the earth.

Discover the wellness of skin-food product with BOEMI BOTANICALS, and experience a feeling of complete relaxation from our own ‘bumi’ handmade by the women in the Island of Gods.

This press release has also been published on VRITIMES

WEIGHING THE BENEFITS: THE VF 3 vs. A-SEGMENT CARS vs. MOTORBIKES

 

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).

About VinFast

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle (“EV”) manufacturer with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses. VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia. Learn more at: https://vinfastauto.ph/

This press release has also been published on VRITIMES

PREPsafe Launches in the Philippines: Helen Gica Leads the Charge for a Healthier Future

 

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

About PREPsafe Philippines

PREPsafe revolutionized the F&B industry with the introduction of its digital food safety labeling system in 2004. With technology originally developed and launched in Australia, the system brought significant savings in time, money, and human error, creating a game-changing impact.

PREPsafe is a leading provider of innovative food safety solutions, dedicated to ensuring the quality and safety of food handling and preparation. With a focus on quality and education, PREPsafe aims to revolutionize the food safety landscape in the Philippines and beyond.

This press release has also been published on VRITIMES

Driving a Low-Carbon Future: How the Philippines is Leading the Charge in Carbon Emission Reduction

 

The Philippines faces significant challenges in reducing carbon emissions, particularly from high-emission sectors like electricity, transport, and industry. In 2023, the country introduced the Low Carbon Economy Investment Act, which establishes a framework to help businesses reduce greenhouse gas (GHG) emissions through mandatory decarbonization plans, a carbon pricing mechanism, and access to carbon markets. This Act emphasizes the importance of encouraging businesses to develop long-term strategies aligned with global climate goals, such as the Paris Agreement. Companies that exceed their emissions limits must contribute to a Decarbonisation Fund, while those who go beyond their targets can earn carbon credits for trade in national and international markets. In the Philippines, electricity and heat production are the largest sources of CO2 emissions, followed by transport. The transport sector alone emits over 29 million tons of CO2 annually, while aviation and shipping add more than 2 million tons. Reducing emissions in these sectors will be crucial for the Philippines to meet its climate targets. Fuel-efficient technologies, like Aderco 2055G, offer practical solutions by improving fuel consumption and reducing emissions by 5.26%. If applied in the transport and shipping sectors, this technology could reduce emissions by over 1.6 million tons of CO2 annually.

The Low Carbon Economy Act of 2022, introduced in the House of Representatives, is a crucial legislative step toward reducing the Philippines' greenhouse gas (GHG) emissions. It establishes an emission trading system, aiming to promote sustainable development while addressing the nation's environmental responsibilities under international agreements like the Paris Agreement. This bill aligns with the country’s Nationally Determined Contribution (NDC) targets, which are designed to reduce GHG emissions by 75% from 2020 to 2030.

Key aspects of the bill include:

- Cap and Trade System: A national cap is set on GHG emissions for high-emission sectors. Companies that emit less than their allowed amount can sell their unused emission credits to others who exceed the cap. This creates a carbon market, providing financial incentives for companies to reduce their emissions.

- Monitoring and Reporting: The Climate Change Commission (CCC) will oversee the management of emissions and ensure compliance with targets. Several government departments will work together to track and report emissions data.

- Just Transition: The bill emphasizes the need to ensure that workers in carbon-intensive industries are supported during the transition to greener alternatives, safeguarding jobs while moving toward sustainable development.

- Local Government and Private Sector Involvement: Local governments, educational institutions, and private industries are key players in implementing the bill, helping to ensure that climate change measures are effective at all levels of society.

Carbon Markets: A Global Perspective

A carbon market is a system where countries or businesses can buy and sell carbon credits. Each credit represents the right to emit a certain amount of carbon dioxide or other GHGs. The concept is based on setting an overall emissions limit (cap) and allowing trading of credits, incentivizing companies to stay under their cap. If they emit less than allowed, they can sell the extra credits, and if they exceed the cap, they must buy credits.

Many countries have adopted carbon trading systems:

European Union: The EU Emissions Trading System (ETS), established in 2005, is the world's largest carbon market. It covers major sectors like power generation and heavy industry. The EU has seen significant reductions in emissions since its inception.

China: In 2021, China launched its national carbon market, the world’s largest by volume, covering over 2,000 power plants. This market is a central part of China’s goal to achieve carbon neutrality by 2060.

United States: While there is no federal carbon market, states like California and regions like the Northeastern US (through the Regional Greenhouse Gas Initiative) have implemented cap-and-trade systems. These programs have effectively reduced emissions in these areas.

How the Bill Aligns with the Philippines’ Carbon Reduction Goals

The Philippines is committed to reducing its carbon footprint in line with its NDC. However, the country faces unique challenges, including vulnerability to climate-related disasters and its status as a developing economy. The bill's introduction represents a significant step toward achieving these targets, by creating a market-driven approach that balances economic growth with environmental protection.

The bill builds on existing climate change programs like the National Climate Change Action Plan and emphasizes the importance of cross-sector collaboration. The goal is to ensure that industries can transition to greener practices without negatively impacting their productivity or workers' livelihoods.

The Philippines’ Progress Compared to Global Efforts

While the Philippines has been slower to implement carbon trading systems compared to the EU and China, the Low Carbon Economy Act signals the country’s readiness to adopt more ambitious climate measures. Its cap-and-trade mechanism mirrors the systems seen in more developed markets, but it is tailored to the local context, ensuring that the Philippines’ socio-economic realities are considered.

The bill positions the Philippines as a proactive player in the global effort to mitigate climate change, especially in the ASEAN region, where few countries have implemented similar mechanisms. If successfully implemented, it could serve as a model for other developing nations looking to balance economic growth with environmental sustainability

Expanded Overview of CO2 Emissions in the Philippines

The Philippines, while not one of the world’s largest carbon emitters, faces considerable challenges in reducing its carbon footprint, especially as its economy continues to develop. The country’s emissions are largely driven by high-emission sectors such as electricity generation, transportation, and industry, all of which are critical for economic growth but also major contributors to environmental degradation.

According to Our World in Data, here is a sectoral breakdown of CO2 emissions in the Philippines:

Sectoral Challenges and the Road to Decarbonization

The electricity and heat production sector is the largest emitter, accounting for over 73 million tons of CO2 annually. This is due to the Philippines’ reliance on coal and fossil fuels for energy generation, despite growing investments in renewable energy. The transport sector, which includes cars, buses, and trucks, contributes over 29 million tons annually, and aviation and shipping add another 2 million tons. The rapid urbanization and the demand for more transportation options will continue to put pressure on these sectors unless alternative fuels and technologies are adopted.

Other significant contributors are agriculture, which produces over 61 million tons of CO2 due to methane emissions from livestock and rice paddies, and industry, contributing more than 20 million tons through manufacturing processes that often depend on fossil fuels.

How the Low Carbon Economy Investment Act of 2023 Can Help ?

The Low Carbon Economy Investment Act of 2023 is a response to these environmental challenges, establishing a comprehensive framework to reduce greenhouse gas emissions across the Philippine economy. This Act pushes businesses to develop decarbonization plans, introduces a carbon pricing mechanism, and encourages the use of carbon markets to provide financial incentives for reducing emissions.

Focusing on High-Impact Sectors: Energy and Heat

The energy and heat sectors are responsible for the largest share of CO2 emissions in the Philippines, producing over 73 million tons annually. As the country strives to meet its emissions reduction targets, transforming these sectors is critical. Several innovative technologies and fuel alternatives present viable solutions to transition from coal and fossil fuels to cleaner energy sources. However these technologies were usually more expensives and more complex to deploy. This bill would actually give a chance for these to implemented at scale in the country.

Replacing Coal with Biomass Pellets

One of the most promising alternatives to coal is the use of biomass pellets. These are renewable fuel sources made from organic materials like wood and agricultural waste. Biomass pellets not only have lower carbon emissions than coal but also offer a renewable and locally sourced solution. Shifting from coal to pellets in the Philippines' power plants could significantly reduce emissions while maintaining energy production levels.

Reducing Oil Consumption with Gasifier Technology

Gasification offers another opportunity to reduce the dependency on oil. Gasifier systems convert solid biomass into a gas that can be used to generate electricity or heat. These systems can be integrated with existing industrial processes or rural energy production, providing a cleaner alternative to oil-based energy solutions. When paired with technologies like Aderco fuel additives, the overall efficiency of fuel consumption increases, further reducing carbon emissions.

Mini-Hydro Potential: Turbulent’s Role

Turbulent, a Belgium-based company, is developing mini-hydro projects in the Philippines, harnessing the power of small rivers and streams to generate clean energy. These small-scale hydropower solutions are ideal for rural and off-grid areas, contributing to the country's renewable energy portfolio and reducing reliance on fossil fuels.

Increasing Biofuel Standards

The Philippines is also advancing biofuel standards. The blend of biodiesel has already increased from B2 to B3 this year, with plans to reach B5 by 2026. Similarly, the country’s ethanol blend for gasoline is projected to increase from E10 to E15. These initiatives reduce the use of traditional fossil fuels, cutting emissions and promoting local agriculture through biofuel production.

Waste-to-Energy Technologies

Waste-to-energy (WTE) technologies offer a dual solution by addressing both waste management and energy production. These systems convert municipal solid waste into electricity, reducing landfill use and providing a renewable energy source. As cities in the Philippines continue to grow, WTE projects could play a significant role in generating clean energy from urban waste.

Bio-Methane from Organic Waste

Bio-methane production from organic waste or manure presents another opportunity for sustainable energy. This process not only produces biogas for electricity and heating but also creates organic fertilizer as a by-product, supporting sustainable agriculture. By capturing methane, a potent greenhouse gas, and converting it into energy, the Philippines can further reduce its carbon footprint.

Focusing on High-Impact Sectors: Transport and Shipping

The transport and shipping sectors are two of the largest CO2 contributors in the Philippines, emitting over 31 million tons annually. Reducing emissions in these sectors will be critical if the country is to meet its climate targets.

Potential Solutions for Decarbonizing Transport:

One promising solution is the adoption of fuel treatments such as Aderco 2055G, a vegetal-organic additive that enhances fuel efficiency. For instance, Aderco 2055G has shown a 5.26% reduction in fuel consumption, which directly correlates to lower CO2 emissions (simulator).

By applying this reduction rate to the transport sector, which currently emits 29.21 million tons of CO2 annually, the potential reduction in emissions would be approximately 1.54 million tons. Similarly, in the shipping sector, which emits 2.04 million tons, a 5.26% reduction translates to 107,304 tons less CO2.

Total CO2 reduction potential from these sectors: Over 1.6 million tons annually.

These reductions may seem small compared to total national emissions, but they represent a vital step forward, especially when combined with other initiatives, such as the electrification of public transport or the adoption of hybrid and electric vehicles.

Flexibility in the Act: Encouraging Innovation

The Low Carbon Economy Investment Act promotes innovation by giving businesses the flexibility to decide how to meet their emissions targets. Whether through investing in fuel-efficient technologies like Aderco or participating in collaborative projects with industry peers, businesses can tailor their strategies to fit their unique needs and resources.

This flexibility ensures that companies can reduce their carbon footprint without hindering economic growth, making the Act both environmentally and business-friendly.

Carbon Credits: Financial Incentives for Emission Reductions

In addition to environmental benefits, companies that reduce emissions beyond their targets can earn carbon credits, which can be sold in global markets, providing a financial incentive for sustainable practices.

For example, a company in the transport sector that adopts Aderco’s fuel treatment could not only reduce emissions but also generate carbon credits from the reduction, which could be sold or traded, providing additional revenue streams.

Steps Toward a Sustainable Future

To maximize the benefits of the Low Carbon Economy Investment Act, businesses in the Philippines should:

Develop comprehensive decarbonization plans that align with their operations and future growth.

Invest in fuel-efficient technologies to reduce fuel consumption and emissions.

Leverage carbon credits to create new financial opportunities by exceeding emissions reduction targets.

Collaborate with industry partners to fund larger low-carbon initiatives, such as renewable energy or carbon capture projects.

Conclusion: A Sustainable Path for the Philippines

The Low Carbon Economy Investment Act is a transformative opportunity for the Philippines to align its development with global climate goals. By focusing on high-emission sectors like energy, heat, transport and shipping, and embracing flexible, innovative solutions such as fuel treatments and carbon trading, the country can significantly reduce its carbon footprint.

If businesses act now, they can lead the way toward a greener, more sustainable future while also reaping financial rewards from their efforts. With the right combination of technology, collaboration, and regulatory support, the Philippines has the potential to become a leader in the global transition to a low-carbon economy.

About Reurasia management corporation

REURASIA Management Corporation is a leading Filipino company dedicated to advancing sustainable energy solutions across Southeast Asia. With a focus on engineering, financing, and implementing renewable energy projects, REURASIA plays a pivotal role in driving the transition to cleaner energy sources. REURASIA is at the forefront of reducing industrial carbon footprints by converting agricultural waste into renewable biomass pellets. Through innovative solutions and strategic partnerships, REURASIA is committed to shaping a greener, more sustainable future.

For more information, visit https://reurasia.com/company-profile/

This press release has also been published on VRITIMES

History is Made! Donald Trump Uses Bitcoin in First Transaction in New York

  

First in history, Bitcoin was used as payment for transactions by Donald Trump, former President of the United States. This transaction took place at a bar in New York City.

With an end that is considered no longer young, 78 years, this action has received praise. The reason is, that Trump showed adaptation to modern technology by using cryptocurrency to pay for burger and beer orders at PubKey, a famous restaurant and bar in Manhattan that accepts Bitcoin.

PubKey: A Historic Place for Bitcoin Transactions

PubKey is not just an ordinary bar, this place is known as one of the pioneers in accepting Bitcoin as a means of payment. Before Trump attended a rally on Long Island, he stopped at PubKey and made a Bitcoin transaction.

With the help of a PubKey employee, Trump used the bar's cell phone and tablet to complete the payment.

This moment was greeted enthusiastically by the customers at the bar, especially those who are Bitcoin fans.

One customer even shouted, “Make Bitcoin great again,” as a form of support for Trump's move. In a post on social media, PubKey called this transaction one of the most historic moments in the world of Bitcoin.

The Rise of Bitcoin and Trump's Support of Cryptocurrencies

Bitcoin, whose price has soared more than 500% in the past five years, is now priced at around $61,248.50 per Bitcoin.

In fact, when this article was written on September 19, Bitcoin price had increased by +2.95% and was at $61,919. Increased quite significantly compared to the previous day which was below $59K.

The significant increase in Bitcoin's value has attracted the attention of investors, including public figures such as Donald Trump.

Trump's use of Bitcoin in PubKey is not just a symbolic stunt, but also part of a larger push to support cryptocurrencies.

A few days earlier, Trump talked about cryptocurrencies when launching World Liberty Financial, a new venture in the crypto space founded by entrepreneur Steve Witkoff with two of Trump's sons, Donald Trump Jr. and Eric Trump.

During an event at X Spaces promoting World Liberty Financial, Trump explained that his sons, including 18-year-old Barron Trump, encouraged him to understand and accept cryptocurrency.

Trump even revealed that Barron has several digital “wallets,” which refers to places where Bitcoin and other crypto assets are stored.

"He was talking about his wallet, he had four wallets or something," Trump said, reflecting his admiration for his son's understanding of the technology.

Trump's Ambition to Make America the "Crypto Capital of the Planet"

Trump's move to use Bitcoin in PubKey is not just a moment in time, but reflects a larger vision for the future of the US in the world of cryptocurrency.

In July, Trump promised to make the United States the “crypto capital of the planet” and “Bitcoin superpower of the world” if he is re-elected president.

Trump also said that if Bitcoin were to go “to the moon,” a term often used in the crypto community to describe its extraordinary price rise, he would want America to lead this revolution.

At the Bitcoin 2024 Conference in Nashville, Trump expressed his commitment to supporting Bitcoin and other cryptocurrencies. He also criticized the policies of President Joe Biden and Vice President Kamala Harris, which he called a "war on crypto."

Additionally, Trump promised to fire Securities and Exchange Commission (SEC) Chairman Gary Gensler, who is currently leading a regulatory crackdown on digital currencies. For Trump, regulations that are too strict will only hinder the growth of a dynamic and innovative crypto industry.

Trump Campaign and Acceptance of Donations in Crypto

Trump's commitment to cryptocurrencies is also visible in his campaign moves. In May, the Trump campaign began accepting donations in crypto.

In the announcement, Trump proudly called himself a "crypto candidate," or a candidate who fully supports digital currency.

Conclusion

Donald Trump's move using Bitcoins in transactions on PubKey marks a new era in which cryptocurrencies are increasingly accepted in everyday life, even among major political figures such as former US Presidents. This proof us that Bitcoin to USD can be convert in transaction in the public area like PubKey.

With his ambition to make America the world's crypto hub, Trump clearly sees huge potential in this technology.

With the support of his family, including his younger son Barron, Trump appears ready to lead the US towards a future more connected to the digital world and cryptocurrencies.

If re-elected, Trump promises to fight for Bitcoin and end policies he sees as barriers to crypto innovation.

Meanwhile, the historic moment in PubKey remains one of the most important milestones in Bitcoin's development, signaling the growing role of cryptocurrency in global life and politics.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This Press Release has also been published on VRITIMES

EigenLayer Foundation to Hold EIGEN Season 2 Stakedrop for 3 Recipients Only

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.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

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Asuene CEO Nishiwada to Attend Climate Week NYC 2024, One of the World’s Largest Climate Events

  

Asuene Inc. Founder & CEO Kohei Nishiwada will attend Climate Week NYC 2024 as part of Japan Climate Leaders’ Partnership (JCLP) delegation. This major event, organized by The Climate Group—known for leading initiatives like RE100—will bring together influential leaders from business, government, finance, and international organizations to discuss climate action.

By participating in Climate Week NYC 2024, Asuene aims to further strengthen its business expansion and advance support for corporate decarbonization and ESG management.

About Climate Week NYC

Climate Week NYC, now in its 16th year, is one of the largest climate change events globally. Held annually in New York City during the United Nations General Assembly, this year's event will take place from September 22 to 29. The program will feature leaders from various sectors—including business, government, finance, and international organizations—who will discuss the 2024 theme, "It's Time," focusing on actions related to policy, investment, and transitioning away from fossil fuels.

The event provides a valuable opportunity to understand the political and business environment related to the UN General Assembly and the upcoming U.S. presidential election, while also facilitating valuable business networking among participants.

The Climate Group, based in the UK, drives climate action towards a decarbonized society. It leads influential initiatives such as RE100, EV100, EP100, SteelZero, and ConcreteZero, having a significant impact in the decarbonization sector.

Nishiwada will participate in the "Opening Ceremony," which will be attended by heads of state, top international officials, and CEOs, and will also take part in sessions at "The Hub Live" on themes such as "The New Industrial Revolution" and "Leadership and Green Growth."

Outline of Climate Week NYC 2024

Date: September 22-29, 2024 Location: Midtown, New York City, USA URL: https://www.climateweeknyc.org/

About Asuene APAC Pte. Ltd.

Asuene Company Profile

Asuene Inc. is a leading Climate Tech company in Japan with the mission of ”Changing the world for the next generation”. 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/apac

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Ethereum Selling Pressure High, ETH Price Most Crisis Since 2021?

ETH price continues to decline. It is predicted that Ethereum's decline is due to Trump's assassination last week and the Fed's interest rate announcement. Here is a more detailed analysis.

The current condition of Ethereum is considered worrying. The reason is, the ETH price continues to decline even though the prices of other crypto assets are "green". The price of ETH is currently considered the lowest since 2021.

Let's review together what the current condition of the Ethereum price chart is. Analysis of factors that influence the price of Ethereum will also be explained in this article.

Ethereum Decline Factors

Allegedly, the decline in ETH prices was due to the assassination attempt on former US president, Donald Trump, at the Trump International Golf Club in Florida.

This second assassination plot was recorded at the end of last week and affected the prices of BTC and ETH. Quoted from Decrypt, the price of ETH at that time immediately fell by around 4.2% to reach $2,315 on Monday in the European trading session.

Not only was it influenced by the second murder of Trump by the Secret Service, the fall in ETH prices was also due to anticipation of a monetary policy decision by the Fed this weekend. The Fed's decision has made the crypto market a little anxious, especially towards the end of the third quarter of 2024.

The Fed is likely to cut interest rates so that DeFi returns are attractive enough to pay attention to. However, the focus is also on rebuilding the DeFi lending market on the Ethereum mainnet. This could be used as a pump against Ethereum's poor performance price.

ETH Price Keeps Going Down

Currently, the ratio of ETH to BTC pairs is at 0.039. This ratio is considered the lowest since April 2021. This decline in performance was analyzed starting on July 24 because the ETH/BTC pair fell below the ETH price range line between May 21 and July 24.

Please note, the ETH/BTC pair is the price ratio of ETh and BTC. The pair shows how much BTC is needed to buy 1 ETH.

The price of ETH to USDT also experienced a decline. When this article was written on September 17, ETH had decreased by -0.39%. Currently, the price of ETH is $2,307.

It can be seen from the Ethereum price chart above that the ETH RSI indicator is also falling below 50. Ethereum's RSI is at 43.24. This means that the selling pressure on ETH is much greater than the buying trend.

The MACD indicator also reflects something similar. It can be seen how the Ethereum MACD line drops from the boundary line. This makes ETH's bearish trend inevitable.

Conclusion

The ETH price chart is indeed in a sad decline at the moment. However, this does not rule out the possibility that Ethereum could rise because price fluctuations in the crypto ecosystem are commonplace.

You can buy ETH when the price is decreasing like now. However, you must conduct a thorough analysis before investing. You can also learn how to buy ETH.

Bitrue can help you to carry out a detailed analysis of ETH. Bitrue also has an ETH to USD price converter feature to find out exactly how much this crypto asset is worth compared to the current dollar.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This press release has also been published on VRITIMES