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Economy 101

Anything to do with economy, budget, taxpayers money and trade

Economy 101: The Indian Community in Malaysia & The Painful Challenges

Malaysian Indian

The Indian diaspora is the largest in the world, with the Ministry of External Affairs reporting a total of 35.4 million Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) living abroad as of May 2024. The United States, the United Arab Emirates, and Malaysia are among the top destinations for Indian migrants. This vibrant community contributes significantly to the global workforce and cultural diversity, reflecting India’s historical ties and its growing influence on the international stage. Image source: X / Govt of India

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Economy 101: BlackRock Investment Company – Critical Information

BlackRock Investment Shareholding Shares

BlackRock, the world’s largest investment manager, has a diverse portfolio that includes significant stakes in some of the largest companies globally. As of early 2024, their top equity holdings encompass leading tech firms such as Apple, Microsoft, Amazon, and Google. Additionally, it owns several investment management and technology platforms, having acquired companies like Merrill Lynch Investment Management and Barclays Global Investor to bolster its capabilities. Image source: Sumber Kini

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Money 101: eGUMIS System – Faster Reclaiming Unclaimed Money Process

Brunei Dollar Money Unclaimed eGumis

Unclaimed money is a common phenomenon in many countries, including Malaysia which has the eGUMIS system for unclaimed money refunds. It refers to funds left untouched or where the account has been left format without any transactions in various financial institutions, such as banks, insurance companies, and government agencies, for an extended period.

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Economy 101: The 10 Biggest Shipping Companies in the World

Suez Canal Shipping Trade Economy Container

Shipping plays a crucial role in the global economy, facilitating the movement of goods and connecting businesses across continents. In 2021, the biggest news in international trade was the incident of a large container ship getting stuck at the Suez Canal, disrupting shipping for 6 days. Image source: The New York Times

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Economy 101: MM2H Programme – The Good, Bad & the Ugly

MM2H Numbers

The Malaysia My Second Home (MM2H) programme, introduced in 2002 by the Malaysian government, is a unique initiative that offers numerous benefits to both the country and its foreign residents. Image source: Possessed Photography on Unsplash

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Economy 101: Seriously, What Drives The Big Economy?

Hadi Awang PAS Taliban PN Islamic Economy

Despite one can dismiss this as another dumb statement from the PAS leader where he openly says that the liberalisation of the capitalist-based economy & not an Islamic one is the root of the suffering of the people, the question is what makes or breaks the economy of the country like how it did in Venezuela? Image source: Malaysiakini/Twitter

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