The new economic framework in Malaysia, “MADANI Economy: Empowering the People,” was launched on 27th July 2023, with two main focuses: restructuring the economy to elevate Malaysia as a leading Asian economy and improve the quality of life for all Malaysians. The vision aims to ‘Raise the Ceiling’, which involves elevating the country’s economic status
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What is Artificial Intelligence? The term Artificial Intelligence is used to broadly refer to the simulation of human intelligence by machines, computer systems in particular. An essential aspect of AI, and one that makes it incredibly useful to businesses and members of academia, is in its core function of receiving large amounts of data, analysing
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The Halal food industry has been steadily growing as demand for halal food products increases around the world today. Halal foods, which are prepared according to the highest standards of hygiene that emphasise healthy and safety, are consumed by an international Muslim community of over two billion. More recently, halal foods have become an attractive
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The Malaysian Industrial and Manufacturing Sector As the Malaysian economy continues to open up beyond the constrictions brought about by the recent pandemic, the need to ensure forward economic momentum is a major imperative. This is especially so considering that global economic outlook predictions show that recessionary forces are likely to be factor due to
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The re-tabled Malaysian Budget for 2023 was released on the 23rd of February this year and is focused on the principles outlined under the the Malaysia Madani campaign which cover areas such as accountability and sustainability. This years budget takes a renewed focus on the responsible management of the economy, addressing the nations challenges with
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The Chinese Economy The Chinese economy has experienced rapid economic growth over the past 30 years thanks to reforms that took place during the 1980’s which saw the country transition away from strict state control and ownership towards greater liberalisation and privatization of industry. A decision was also made by the government during that time
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The Structures Beneath Us With the world still recovering from the impacts of the Covid pandemic and the war in Ukraine continuing to create uncertainties with regards to global food security and energy sourcing, economic growth has slowed considerably over the last five years. The rise in the prices of commodities has created inflationary pressures
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Facing the Climate Challenge Climate change. It is undoubtedly one of the foremost challenges of modern humanity, with impacts that have the potential to reach every part of society as we know it. Greenhouse gas (GHG) emissions produced by human activities across industries ranging from energy to agriculture have been the leading cause of global
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