Rinse the rice thoroughly in cold water until the water runs clear. This helps the grains stay fluffy.
Finely chop the onion, garlic, bell pepper, and chili pepper.
In a medium saucepan, heat the olive oil over medium heat. Add the onion and sauté until translucent, about 3-4 minutes.
Add the garlic and peppers, and sauté for another 2 minutes, allowing the heat to infuse the dish.
Stir in the tomato paste and cook for 2 minutes to meld the flavors.
Add the soy sauce and hot pepper paste, then mix well to combine.
Add the rice to the saucepan and pour in the water. Cover and cook over medium heat for 15 minutes.
Once the rice is tender, remove from the heat and let it rest, covered, for another 5 minutes.
Garnish with fresh cilantro and serve hot.
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