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Economy 101: Cryptocurrency: Fueling a New Economic Paradigm

Cryptocurrency Money Cash Investment Economy

is defined as a digital or virtual form of that employs cryptography for . Unlike traditional currencies issued by governments, cryptocurrencies operate on decentralized networks that utilize . This revolutionary technological framework enables secure, transparent, and efficient transactions over a peer-to-peer network without the need for intermediaries such as or payment processors. Photo by David McBeeRead More »Economy 101: Cryptocurrency: Fueling a New Economic Paradigm

Money 101: eGUMIS System – Faster Reclaiming Unclaimed Money Process

Brunei Dollar Money Unclaimed eGumis

Unclaimed is a common phenomenon in many countries, including which has the system for refunds. It refers to funds left untouched or where the account has been left format without any transactions in various financial institutions, such as , insurance companies, and 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 , facilitating the movement of goods and connecting businesses across continents. In 2021, the biggest in international trade was the incident of a large container getting stuck at the Suez Canal, disrupting shipping for 6 days. Image source: The New York Times

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Blogging 101: 2024 – Positive Developments & Lessons Learned From 2023

fireworks night 2024 new year celebrations

As we bid farewell to 2023 and welcome the dawn of a , it’s time to reflect on the positive developments that lie ahead in . From advancements in to economic growth, , computing, space exploration, medical breakthroughs, and cultural evolution, there is much to look forward to. Let’s dive into what we can expect and what lessons we have learned from the past year. Photo by Andreas Rasmussen on Unsplash

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

MM2H Numbers

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

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National Security 101: India & Malaysia – Capitalising Each Others Unique Advantages

Taj Mahal India Malaysia

and have rich and diverse cultures, histories, and economies. They both have achieved remarkable progress and faced various challenges in their development. By acknowledging their strengths and learning from each other, they can foster a mutually beneficial partnership that enhances their growth and prosperity. Image source: Julian Yu 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 leader where he openly says that the liberalisation of the capitalist-based & 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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General Elections 2022: DAP & Dumb Attacks Despite Running Only 24% Seats

Blogging Lim Kit Siang DAP Laptop Pakatan Harapan

As far as I can remember, my late father has been voting for every time the country had general . I personally was attracted to them not only for their mission to see a fair nation for all but also to YB Lim Kit Siang who was probably one of the first to embrace the new school of using blogs and social media to share his political thoughts. Image source: Free Malaysia Today

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Budget 2023: Why We Are Not Addressing Financial Leakages & Wastages?

National Budget Malaysia Economy Deficit

always had a deficit national where The had always spent more than what it can collect except for the so-called golden years between 1993 to 1997 when the budget recorded a surplus and also low deficit budgets in between. Image source: Trading Economics.

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Economy 101: Seriously, Is Malaysia’s External Debt As Bad As Sri Lanka?

Sri Lanka Riot External Debt

COVID-19 pandemic, and corruption have driven some countries into severe external debts that they were unable to recover from and this saw massive public riots that had driven the involved out of their country. One such example is where the President of the country had fled the country and the country is in a major riot. Image source: BBC

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Economy 101: The Truth Behind Malaysia’s Chicken Shortage

Fried Chicken Food KFC

When it comes to meat protein, one of the best and healthier ones is sourced from fish and meat but due to overfishing and sometimes weather, fish sold in the market is not cheap. So often we will turn to chicken especially freshly cut ones as the more affordable source for our protein source. Photo by Pixabay from Pexels

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Economy 101: Is This Why Cooking Oil Price Insanely High in Malaysia?

Palm Oil Cooking Forbes Graph

We use palm oil as the mainstream as it is the obvious option and can easily get it as is one of the largest exporters of in the world after neighbouring . Of course, if one has the , they can opt for the more imported vegetable oils like canola or olive oil. Chart source: Forbes / Statista

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