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Economy

Education 101: The Importance of Basic Mathematics Skills in Everyday Life

René Descartes Mathematics History French Education Skills Knowledge

The title “father of modern mathematics” is often attributed to René Descartes (1596–1650), though the designation can vary depending on context, as several figures contributed significantly to shaping modern mathematics. Descartes introduced the Cartesian coordinate system, which links geometry and algebra by representing geometric shapes with algebraic equations. Image source: After Frans Hals – André Hatala [e.a.] (1997) De eeuw van Rembrandt, Bruxelles: Crédit communal de Belgique, ISBN 2-908388-32-4., Public Domain.Read More »Education 101: The Importance of Basic Mathematics Skills in Everyday Life

Economy 101: The Legend of Warren Buffett & Wealth Creation

Warren Buffett Economy Investment Money Wealth

A photo of President Barack Obama meeting with Warren Buffett, the Chairman of Berkshire Hathaway, in the Oval Office, July 18, 2011. Warren Buffett, born August 30, 1930, in Omaha, Nebraska, is widely regarded as one of the greatest investors of all time and with a net worth of approximately $140 billion as of 2025, he has pledged to give away 99% of his wealth through the Giving Pledge, primarily to the Bill & Melinda Gates Foundation. His disciplined, patient approach—emphasizing economic moats, intrinsic value, and long-term ownership—has delivered outsized returns, outpacing the S&P 500 for decades. Image source: White House/Wikipedia

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Know Your Car Basics 101: Important Fuel Efficiency Secrets

Petrol Station Subsidy Malaysia Fuel Efficiency

Fuel efficiency refers to the ability of a vehicle or system to maximize the distance traveled or work performed per unit of fuel consumed, typically measured in miles per gallon (MPG) or liters per 100 kilometers (L/100 km). It is influenced by factors such as engine design, vehicle weight, aerodynamics, driving habits, and road conditions. Efficient fuel use reduces costs, lowers greenhouse gas emissions, and conserves natural resources, making it a critical focus for sustainable transportation. Photo by Sergio Souza from Pexels

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Economy 101: Understanding Global External Debt Management

External Debt Economy Money Global

Global external debt refers to the total amount of money that countries owe to foreign creditors. This financial liability can encompass debts to foreign governments, international organizations, or private foreign entities. It is a critical component of a country’s national account, reflecting its borrowing from external sources to fund various activities and developments. Image source: YouTube

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History 101: The Incredible Silk Road: Bridging East and West

Silk Road History China Europe Map

The Silk Road wasn’t a single, precisely measured road with a definitive length, but rather a network of interconnected trade routes across Asia, connecting the East and West. Its length varied depending on the specific routes taken, but it’s generally estimated to be around 4,000 miles (over 6,400 kilometers). Some estimates even suggest it could have been as long as 7,000 miles (over 11,000 kilometers) if all the branches and connecting paths are considered. Image source: Kelvin / Wikipedia

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Economy 101: Top 9 Personal Finance Mistakes You’re Making Now

Personal Finance Money Economy Budget

In a nutshell, personal finance empowers you to take control of your financial life. It involves understanding your current financial situation, setting clear objectives, and implementing strategies for effectively managing your income, minimizing debt, growing your wealth through saving and investing, and protecting your assets against unforeseen circumstances. Ultimately, it’s about achieving financial freedom and peace of mind. Photo By: Kaboompics.com/Pexel

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Finance 101: Understanding Malaysia’s Employees Provident Fund (EPF): History, Withdrawal Options, and Key Differences

Employees Provident Fund EPF KWSP Economy Money

The mid-20th century, particularly the period following World War II, witnessed a significant surge in the establishment of comprehensive Employees Provident Fund (EPF) systems across the globe. Several key factors drove this. The devastation of the war underscored the need for stronger social safety nets, including provisions for retirement income. Governments, eager to rebuild their economies and foster social stability, recognized the importance of providing workers with financial security. Image source: NSTRead More »Finance 101: Understanding Malaysia’s Employees Provident Fund (EPF): History, Withdrawal Options, and Key Differences

Economy 101: BRICS: Strengths, Weaknesses, and Future Challenges

Economy BRICS Russia Malaysia Trade China India South Africa Brazil

Malaysia is not a full member of BRICS. On October 24, 2024, Malaysia was officially added to a group of 13 BRICS partner countries, giving it trade access with other partner countries within the bloc. This is in addition to the various economic pacts within ASEAN and ASEAN with other countries. Image source: Free Malaysia Today

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Economy 101: Cryptocurrency: Fueling a New Economic Paradigm

Cryptocurrency Money Cash Investment Economy

Cryptocurrency is defined as a digital or virtual form of currency that employs cryptography for security. Unlike traditional currencies issued by governments, cryptocurrencies operate on decentralized networks that utilize blockchain technology. This revolutionary technological framework enables secure, transparent, and efficient transactions over a peer-to-peer network without the need for intermediaries such as banks 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 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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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 new year, it’s time to reflect on the positive developments that lie ahead in 2024. From advancements in technology to economic growth, personal development, 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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