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Digital banks in Malaysia: Prospects and lessons from China

ON APRIL 29, 2022, Bank Negara Malaysia (BNM) announced the five digital banking licence winners from the 29 applications received, namely a consortium of RHB Bank Bhd and Boost Holdings Sdn Bhd; a consortium led by YTL Digital Capital Sdn Bhd and Sea Ltd; a consortium led by GXS Bank Pte Ltd and Kuok Brothers Sdn Bhd; a consortium led by KAF Investment Bank Sdn Bhd; and a consortium of MoneyLion Inc, AEON Financial Service Co Ltd and AEON Credit Service (M) Bhd.

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Being humanistic toward an ageing society

The phenomenon of an ageing society has been studied in scholarly literature and this field of study is known as gerontology.

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An opportunity to fix the brain drain?

BRAIN drain, or human capital flight, refers to the emigration of Malaysians who have received advanced training at home.

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Is sustainable HR management humanistic?

THE goal of sustainable development, known as the “triple bottom line”, which seeks to balance the needs of society and the environment with financial considerations, has given rise to the field of environmental management.

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BRI strengthens Malaysia and China’s economic cooperation

MALAYSIA and China have evolved through many remarkable economic achievements through their relationship, which started in the 1970s and has existed for more than 47 years.

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Yuan's journey from the elite reserve currency club to global currency

AMONG the elites, having a membership with a prestigious club signifies one's superiority in terms of his or her social status. Interestingly, a similar club exists for foreign currencies.

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A humanistic mindset to digitalisation

According to the human capital theory, investing in education has the potential to maximise economic growth and prosperity.

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Malaysia committed to export durian to China

DURIAN could well be called "the king of fruit" because of the price of its high-quality grades.

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Practicing responsible heritage tourism in Malaysia and China

Tourism generally means activities that bring people to a destination that attracts their interest such as the natural scenic view, food and culture.

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Household Debt: Watch out!

INTEREST rate hikes appear to be the theme song that most central banks are dancing to in 2022, with rate hikes increasing in intensity - especially in July.

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Malaysia and China intend to collaborate to tackle inflation

IN JUNE 2022, the Statistics Department of Malaysia revealed that Malaysia’s annual inflation rate, as measured by the consumer price index (CPI), rose to 2.8% in May 2022 from 2.3% in the previous month.

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The impact of the BRI on Asean education

THE Belt and Road Initiative (BRI) is a massive development venture that the Chinese government launched in 2013 under President Xi Jinping's leadership. It aims to foster market assimilation and economic collaboration between nations along the recommended Belt and Road routes that cross Africa, Europe, Central Asia, and South-East Asia. The BRI's main objectives are coordinating policies, ensuring infrastructural connectivity, promoting unhindered trade and fiscal integration, and strengthening interpersonal ties. The aspect of education and training has evolved as a crucial part of this trans-continental vision and endeavour, despite the initiative's focus on infrastructure development—as does existing literature on the BRI. The underlying presumption is that President Xi is aware there must be shared understanding and aspirations among the nations for the BRI to be effective and viable in the long run.

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