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Roles, Contributions in Country’s Progress

Perhaps you’ve noticed when your distant family, the ones you don’t meet as often, talk about how different you look (or weigh) when you meet them at those not-so-often family gatherings. Reunions between long-lost friends and family are such time capsules. At the point of the re-acquaintance, your previous memories of them instantly disappear, emerging […]

Adapting To The Volatility of The World Order

Recent news reports have pointed to the change in dynamics of the world economic order. While many democracies assert their believe that their system of governance is inseparable from the market economy, their relationship with the populated countries is somewhat principally subject to economic pragmatism, which often forces choices that lead to the greatest good […]

The Symbiosis Between Consumers and Businesses

The world is currently discussing the concept of a circular economy. In a nutshell, the circular economy refers to the re-imagination of business models in which resources are finite, and must be harvested from within the existing system without consuming more natural resources. This would need the redefinition of business models and approaches, and the […]

The Self-Regulation of Mature Markets

The liberal market ideology is often depicted as the overarching power of corporations over the unassuming consumers. In its ideal form, market forces determine prices based on the elasticity of supply and demand, and both consumer and business meet their goals when both these factors reach a price equilibrium. While pricing interventions by the government […]

The Resilience of Humanity in Evolving Economies

The continent of Europe is home to the world’s leading countries with the highest automation adoption rate. Among them, Germany ranks the highest in terms of robot density, according to a 2016 report by the International Federation of Robotics. Numerous articles and reports around the world, this column included, have pointed to the rapid transition […]

Seeing opportunities in times of change

The fall of the Berlin Wall in November 1989 was the symbolic start that paved the way to eventual German Reunification process, that took place about a year later. The idea of reunification, championed by then chancellor Helmut Kohl, was naturally met with opposition, fearing negative economic impacts on West Germany – in fact, even […]

LIBERALISATION – Policy endurance key to economic progression

For quite some time, the Malaysian economy has taken a sharper turn towards gradual economic liberalisation. In the early part of this decade, the administration began numerous, albeit unpopular decisions that lifted the nation’s veil towards a more realistic adaptation to the global economy. While the automotive industry began its transition towards gradual liberalisation, from […]

AUTOMOTIVE POLICY – Consistency vital for industry continuity

Last week, the International Trade and Industry Minister, Dato’ Sri Mustapa Mohamed announced the performance of the automotive industry for the year ending last year. The announcement was made in view of a holistic performance, in line with the government’s aspirations in making the sector a key driver for Malaysia’s industrialisation. The penetration of energy-efficient-vehicles […]