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Technology: Why Malaysia's Business Leaders See Generative AI As A Game-Changer

ESG: Private Sector Must Help Malaysia Create A Nature-Positive Economy

Investing: Why 2024 Could Be A Better Year For Asian Equities

Banking & Finance: Future of Finance In Your Pocket

Economy: Racing To The Top - Shaping The Next Agenda

Politics: Now Is The Time To Regain Lost Ground

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China’s economy, the region's largest, is projected to decrease from 4.8% in 2024 to 4.3% in 2025, driven by ongoing challenges in the property market, weak consumer confidence and broader structural issues such as an ageing population and global economic tensions, according to an October 7 World Bank Group (WBG) press release.

Created by Ray Dalio this simple but not simplistic and easy to follow 30 minute, animated video answers the question, "How does the economy really work?" Based on Dalio's practical template for understanding the economy, which he developed over the course of his career, the video breaks down economic concepts like credit, deficits and interest rates, allowing viewers to learn the basic driving forces behind the economy, how economic policies work and why economic cycles occur.


Fundamentals of Economics: Concepts

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Updated news / Monday, 23 Sep 2024 7:00 AM MYT

Economics & Finance

Governments Must Shape AI’s Future

LONDON – Last December, the European Union set a global precedent by finalizing the Artificial Intelligence Act, one of the world’s most comprehensive sets of AI rules. Europe’s landmark legislation could signal a broader trend toward more responsive AI policies. But while regulation is necessary, it is insufficient. Beyond imposing restrictions on private AI companies, governments must assume an active role in AI development by designing systems and shaping markets for the common good...


Engineering and Construction Works


China Economy

New Delhi/London CNN — India has reported surprisingly robust economic growth, ending 2023 on a high note and providing a boost to Prime Minister Narendra Modi just weeks before an election that could give him a third term in office. Gross domestic product (GDP) in the world’s fastest growing major economy surged 8.4% in the final three months of 2023 compared with a year prior, up from growth of 7.6% in the June-to-September period, the country’s statistics office said Thursday. The latest increase was much stronger than analysts expected and means India’s economy “ended last year with a bang,” Thamashi De Silva, assistant India economist at Capital Economics, wrote in a note. “That pace of growth was the strongest among major economies last quarter,” she added. The data will further bolster optimism over the economic prospects of the world’s most populous nation. According to a report Wednesday from real estate consultancy Knight Frank, the number of ultra-rich Indians, those with a net worth of at least $30 million, will rise 50% over the five years to 2028, the biggest increase globally. Buoyed by the strong GDP numbers, India’s stock markets hit new all time highs on Friday. Indian investors have been driving shares steadily higher over the past 12 months, pushing the combined value of companies listed on India’s exchanges above $4 trillion late last year. The International Monetary Fund expects India’s economy to expand by 6.7% for the fiscal year through March, while the Modi government has a much higher estimate of 7.6%. The IMF projects the economy to grow by 6.5% in the fiscal year starting April 1. “Robust 8.4% GDP growth…shows the strength of Indian economy and its potential,” Modi said on X Thursday. “Our efforts will continue to bring fast economic growth which shall help 140 crore [1.4 billion] Indians lead a better life.” A sustained expansion will rapidly push India up the rankings of the world’s biggest economies. Analysts at Jefferies expect the country to become the world’s third-largest economy by 2027, up from fifth currently...Read More


Trinidad & Tobago Economy


Psychology of Money

In today’s highly competitive world, success is often measured by one’s financial achievements. Society places an immense emphasis on material wealth, equating it with personal accomplishment and happiness. The pressure to keep up with societal expectations fuels the belief that money solves all our problems. Money becomes important because of the pressure to succeed that is often created by society’s expectations. In many cultures, there is a widespread belief that success means achieving financial wealth, status, and recognition. This can create a sense of pressure and competition, especially among young people who are just starting their careers or trying to establish themselves in their chosen fields. This pressure to succeed can come from many sources, including family, peers, media, and social norms. For example, parents may encourage their children to pursue high-paying careers or prestigious jobs, while friends may compare themselves to others based on their salaries or job titles. Media and advertising often promote the idea that material possessions and financial success are the ultimate markers of achievement and happiness. As a result, many people feel they must achieve financial success in order to meet society’s expectations and avoid judgment or criticism. This can lead to a focus on financial goals at the expense of other important aspects of life, such as relationships, personal growth, and mental health. It’s important to recognize that society’s expectations for success are not always healthy or realistic, and that there are many ways to define and achieve success. By focusing on your own values and goals, and working towards a sense of fulfillment and happiness that aligns with your unique perspective, you can break free from the pressure to conform and create a life that is true to who you are...Read More

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