'The fight continues, no treaty yet': Global Plastics Treaty negotiations fail to deliver agreement

  

02 December 2024, Busan, South Korea — The fifth session of the Intergovernmental Negotiating Committee (INC5) for a Global Plastics Treaty ended today with an agreement to meet again for what will be the final negotiation meeting to land a deal.

In response, Marian Ledesma, Greenpeace International INC-5 delegate and Greenpeace Philippines zero waste campaigner, said:

“Every day that governments allow polluters to flood the world with plastic, the burden falls heaviest on developing countries, including the Philippines, and on disproportionately impacted groups. Vulnerable sectors—our fisherfolk, waste pickers, and low-income and coastal communities—pay the highest price, facing environmental degradation, health risks, and economic losses. This week, however, over 100 Member States, representing billions of people, rejected a hollow agreement and committed to an ambitious treaty. This show of solidarity is a significant step forward. But promises alone are not enough—it’s time to deliver."

“In the next meeting, Member States must prioritize the needs of vulnerable sectors and resist fossil fuel and petrochemical influence. Binding global targets to reduce plastic production, bans on single-use plastics, ambitious reuse goals, and an equitable financing plan are non-negotiable. The process must be inclusive and just, ensuring that the voices of those most affected by the plastic crisis—especially in developing nations—are front and center. This is not just a treaty; it’s a lifeline for billions worldwide.”

“The Philippines’ strong position in these negotiations is commendable, and we hope they continue to hold this stance in the face of mounting pressure. As one of the few in Asia advocating for ambitious measures, their leadership is vital in ensuring the treaty reflects the needs of vulnerable communities. This commitment must also extend to local action, such as reducing plastic production, eliminating sachets, and scaling up reuse systems. A strong Plastics Treaty that safeguards our health, biodiversity, and climate is our only option, and the Philippines must have the courage to lead by example. Cut plastic production, not the treaty ambition.”

About Greenpeace Philippines

Greenpeace is a community united by a mission to protect the planet and ensure a green, peaceful future. They’ve led the fight against environmental destruction, advocating for the planet’s rights as part of a global movement that challenges power with courage.

This Press Release has also been published on VRITIMES

Vendfun Wins HOTELIERS’ CHOICE AWARD 2024 for Hospitality Kiosk Solution

 

Johor Bahru, Malaysia – The Malaysia Budget & Business Hotel Association (MyBHA) Johor Chapter is proud to announce that Vendfun has been named the winner of the HOTELIERS’ CHOICE AWARD 2024 for its outstanding contribution to the hospitality industry with its innovative Hospitality Kiosk Solution.

The award was presented on 1st December 2024 during the prestigious event at the AICC Johor Bahru, recognizing corporate partners who deliver exceptional services and products that drive transformation in the hotel industry.

This esteemed event recognizes and celebrates corporate partners who have consistently delivered excellent services and quality products to Johor’s hotel industry, contributing significantly to hospitality transformation.

Among this year’s honorees is Vendfun, whose contributions have been instrumental in helping hoteliers embrace digital transformation. Through its innovative kiosk solutions, Vendfun has empowered hotels across 12 states in Malaysia, enabling automation and streamlining operations to enhance guest experiences.

“Winning or not does not signify a comparison of good or bad, nor does it imply competition. Instead, this recognition serves as an important benchmark for all hotel operators,” said Jarod Chia, MyBHA Johor Chapter Chairman.

Vendfun takes this opportunity to extend its heartfelt gratitude to all its customers for their belief in its automated kiosk solutions. “Your trust and support have been the cornerstone of our success,” said Benny Wee, CEO of Vendfun.

Additionally, special thanks are extended to the dedicated Vendfun team. “Without your relentless support and unwavering commitment to ensuring the satisfaction of our customers, this achievement would not have been possible. This award is a testament to your hard work and dedication,” added Benny Wee.

The HOTELIERS’ CHOICE AWARDS align with MyBHA Johor Chapter's hotel industry transformation roadmap, focusing on four key pillars:

Rebrand – Elevating the image of Johor's budget and business hotels.

Improve – Enhancing operational standards and guest satisfaction.

Strengthen – Building stronger partnerships within the hospitality ecosystem.

Educate – Empowering hoteliers with knowledge and tools for success.

This year’s awards not only highlight Vendfun’s role in reshaping the hospitality landscape but also encourage hoteliers to adopt innovative practices. The ultimate goal is to attract more local and international visitors to Johor, boost their confidence, and inspire them to extend their stay.

About Vendfun Sdn Bhd

Vendfun is a leading provider of hospitality automation solutions, specializing in self-service kiosks that enable hotels to streamline operations, reduce costs, and enhance guest experiences. With installations across 12 states in Malaysia, Vendfun is committed to driving digital transformation in the hospitality industry.

This Press Release has also been published on VRITIMES

Justin Sun Becomes Largest Investor in Trump’s Crypto Venture: World Liberty Financial

   

Justin Sun invests $30M in Donald Trump’s crypto project, World Liberty Financial (WLFI), becoming its largest backer. Explore how this partnership shapes innovation, blockchain, and Trump’s crypto ambitions.

Justin Sun, the founder of the Tron blockchain and a controversial figure in the cryptocurrency space, has become the largest investor in World Liberty Financial (WLFI), a crypto project launched by President-elect Donald Trump.

Sun’s investment of $30 million was confirmed via a post on X, where he expressed his enthusiasm for contributing to innovation and “making America great again.” The investment came through Sun’s crypto exchange HTX, which acquired 2 billion WLFI tokens priced at $0.015 each.

Sun’s investment has brought the project’s total token sales to $52 million, still significantly short of its ambitious $300 million goal.

World Liberty Financial: A Glimpse into Trump’s Crypto Initiative

World Liberty Financial aims to be a decentralized financial platform offering services such as borrowing, lending, and investing in digital assets.

Trump has partnered with the venture through his LLC, DT Marks DEFI, which is entitled to 75% of net revenues once the project surpasses $30 million in sales—a threshold now reached thanks to Sun’s involvement.

Trump is listed as the project’s Chief Crypto Advocate, with his sons Eric, Barron, and Donald Trump Jr. serving as Web3 Ambassadors.

Despite its high-profile backing, the WLFI token’s launch in mid-October faced challenges, including limited sales to non-U.S. persons, U.S.-accredited investors, and nontransferable tokens.

These restrictions have likely hindered broader adoption, with blockchain data showing only about 20,400 unique wallet holders out of over 100,000 whitelisted potential investors.

Early Success and Future Prospects

World Liberty Financial co-founder Zak Folkman expressed optimism following Sun’s purchase, describing it as a testament to the project’s early success.

While the project still has a long way to go to meet its $300 million fundraising target, the recent influx of funds could help drive momentum. Folkman hinted at more significant developments in the coming weeks, suggesting the project is poised for future growth.

The Implications of Trump’s Crypto Involvement

This venture underscores the evolving nature of Trump’s business dealings. Unlike his real estate ventures, World Liberty Financial allows for direct financial contributions, such as Sun’s $30 million purchase, with minimal costs or liabilities for Trump’s LLC.

During Trump’s first presidency, concerns over the “emoluments clause” and foreign governments’ spending at his Washington, D.C. hotel were frequently raised. This new crypto initiative sidesteps those debates by creating a digital financial ecosystem where investments like Sun’s directly benefit Trump’s enterprises.

Justin Sun’s Controversies and Regulatory Landscape

While Sun’s investment aligns with Trump’s campaign promises to make the U.S. a global crypto hub, it also brings scrutiny. Sun and his Tron network have faced regulatory challenges, including a March 2023 lawsuit by the SEC alleging fraud and unregistered securities sales. The SEC also accused Sun of manipulating trading activity to artificially inflate Tron’s price.

Sun denies these allegations, and the broader crypto industry is closely watching how Trump’s administration might reshape regulatory policies. Notably, SEC Chair Gary Gensler has announced his retirement on Inauguration Day, potentially opening the door for a more crypto-friendly approach.

The Future of WLFI and Its Role in the Crypto Landscape

World Liberty Financial aspires to become a major player in the decentralized finance (DeFi) space. However, its path forward depends on addressing the challenges that have limited early adoption, including token transferability and restrictions on U.S. retail investors.

With Trump’s advocacy and Sun’s high-profile investment, WLFI has the potential to attract more significant investments and partnerships. As the project evolves, its ability to meet its lofty goals will hinge on its capacity to deliver a compelling and inclusive financial platform.

Conclusion: A High-Stakes Partnership

Justin Sun’s $30 million investment marks a significant milestone for World Liberty Financial, providing the platform with both credibility and resources. For Trump, it highlights how his foray into crypto could reshape his business model while aligning with his broader vision of deregulation and innovation.

As World Liberty Financial moves forward, its success—or failure—will offer insights into the broader convergence of politics, cryptocurrency, and global finance. The project has set its sights high, and the coming months will determine whether it can achieve its ambitious goals.

If you want to find more news about Donald Trump and his relationship with the crypto ecosystem, the Bitrue blog provides many articles for you to read. You can read articles on the Bitrue blog anytime and anywhere for free.

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

KPC, DOST bag Guinness World Record for Most People Planting Bamboo

   

On 28 November 2024, Kilambay Plantation Corporation (KPC) received a plaque of recognition from the Department of Science and Technology (DOST) during the celebration of the National Science, Technology, and Innovation Week (NSTW) 2024 at Limketkai Center, Cagayan de Oro City.

KPC was recognized by DOST for its invaluable contributions during the Kawayanihan simultaneous bamboo planting activity held on 18 October 2024, with the aim of attempting to secure a Guinness World Record (GWR) for 'Most People Planting Bamboo Simultaneously Across Multiple Venues'.

During the celebration of the NSTW 2024, DOST officially announced that the Philippines, through the collaborative efforts of the national government and its external partners such as KPC, was able to successfully record a GWR for the previously mentioned category, which consisted of 2,305 participants from various areas in Mindanao.

Together with KPC, Kituved Datu Sepelew Ancestral Domain Management Office (KIDSADMO) CEO Timuey Alfredo Sacayan and Ancestral Domain Management Team (ADMT) Head Timuey Dahil Mampurok also received their own plaques, in appreciation of the significant role played by the Erumanen ne Menuvu tribe during the planting activity and as partner of KPC in Carmen, Cotabato.

In an interview, KPC Chief Operating Officer (COO) Rochella "Ella" Taliño Taray said, "As part of Kilambay Plantation, as part of the Province of Cotabato, I'm happy to be one of the representatives who really fight against climate change to address 'yung mga environmental issues that we are facing today. We're looking for solutions, and I hope na maka inspire rin kami sa mga ibang tao to also continue the advocacy of environmental protection."

She likewise highlighted that while there are still so much to do and the journey towards addressing climate change remains challenging, the Kawayanihan Circular Economy Movement of the DOST serves as a significant step towards a greener future that can be enjoyed by the next generation.

"I hope we continue on, step by step, so we can achieve a greener, more resilient future!," she added.

Meanwhile, KPC Chief Executive Officer (CEO) Jerry John Taray mentioned that, "We hope that this serves as a good start to really inspire more people to join in planting bamboo, because we believe that this is the best way to heal our nature, to address climate change, and also for more sustainable livelihoods for IP communities."

The GWR for "Most People Planting Bamboo Simultaneously Across Multiple Venues' is part of a larger effort of the DOST to spearhead reforestation of degraded or logged over lands within Region XII as well as promote a circular economy through the use of bamboo.

Also present during the NSTW 2024 celebration were DOST Secretary Renato Solidum, Jr., Undersecretary Sancho Mabborang, Undersecretary Teodoro Gatchalian, Regional Director Engr. Sammy Malawan, and other public and private sector representatives. ---

This press release has also been published on VRITIMES