Batangas Kaldereta (Filipino Beef Stew)

Steps

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1. 1
   Marinate the beef with soy sauce for about 30 minutes.
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2. 2
   Melt margarine in a pot and stir in annatto powder. Sauté garlic for 30 seconds until fragrant.
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3. 3
   Add onions and sauté until softened and lightly browned, allowing them to caramelize slightly for sweetness.
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4. 4
   Add the marinated beef along with its marinade liquid and stir-fry until the beef's outer surface browns.
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5. 5
   Stir in Worcestershire sauce, sweet pickle relish, optional beef powder, and dried bay leaves.
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6. 6
   Add water and simmer on low heat for about 1 hour until the beef becomes tender. If it is not yet tender after 1 hour, continue cooking and add more water as needed.
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7. 7
   Once the beef is tender, add liver spread and stir until fully incorporated.
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8. 8
   Stir in optional peanut butter to make the sauce richer and more flavorful.
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9. 9
   Add Thai chili peppers for heat. For more spice, substitute with bird's eye chilies if preferred.
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10. 10
    Add cheddar cheese by grating or cutting it into cubes and stirring it into the sauce to melt.
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11. 11
    Taste the sauce and season with salt and black pepper to your preference.
    ▶ ≈2:04
12. 12
    Stir in panko breadcrumbs until the sauce reaches your desired thickness.
    ▶ ≈2:10