Have you ever heard of Nyan Cat? Nyan Cat is a YouTube video uploaded in April 2011, which became an internet meme. This video ranked 5th in the list of most-viewed YouTube videos in 2011. In February 2021, Nyan Cat creator Christopher Torres sold his famous meme as non-fungible tokens (NFTs) for nearly $600,000. Maybe
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Malaysia’s export trade has been growing steadily at a CAGR of 1.7% from 2017-2020. Over the years, Malaysia’s total exports recorded an average of RM 940 billion yearly. In 2018, the export value exceeded RM 1 trillion, a 7.3% hike compared to 2017. Based on our analysis, the export value in 2021 is expected to
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Amidst rapidly expanding global digitalisation, one of the commonly asked questions is, “Do you invest in cryptocurrencies?”. Now you may ask, what is cryptocurrency? A cryptocurrency is a type of digital asset based on a network that is widely distributed across computers. This decentralised structure allows them to exist outside the control of governments and
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Introduction The COVID-19 pandemic has had significant social and economic effects across the world. Lockdowns and infections have affected the supply and demand channels of domestic economies. On the supply side, reduced labour supply and productivity was present, while business closures and social distancing also caused supply disruptions. On the demand side, layoffs, loss of
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Introduction The spike in Covid-19 infections reached 23,564 on 2oth August 2021. With a sharp increase in average daily cases in the past week, it became evident that the nation’s healthcare system was on the brink of collapse. Across the Klang Valley, 85% of the hospital beds were occupied. Hospitals were struggling to make more
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Context Setting – What is Clubhouse? The Clubhouse app is an ingenious app created by co-founders Paul Davison and Rohan Seth. It is a free mobile app that provides a space for people all over the globe to connect and share similar interests. Unlike today’s typical social media apps, this is a powerful app that
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Context Setting – The rising global CO2 level Carbon dioxide is a straightforward combination of what it exactly sounds like; 1 carbon atom with 2 oxygen atoms attached to it. Under normal temperature, carbon dioxide stays in a gaseous state with CO2 as its chemical equation. Based on Figure 1, it is obvious that the
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Companies often see their competitors within the same geographical area as a threat to their business. This is understandable if the business owners view the economy as a perfect market situation where the market share is being split between the existing players. However, history in the business world has proven that the Industry Cluster Strategy
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