eyesonmalaysia Welcoming New Nations: The BRICS Expansion The BRICS alliance, originally comprising Brazil, Russia, India, China, and South Africa, has announced a significant expansion. Six new countries—Argentina, Egypt, Iran, Ethiopia, Saudi Arabia, and the United Arab Emirates—will join the bloc starting January 1, 2024.. This expansion reflects the growing influence and appeal of BRICS as…
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eyesonmalaysia Amsterdam, September 30th, 2024 – As the Basel III convention takes effect on October 1st, the banking industry is poised for significant transformation. These new regulations, designed to enhance the stability and transparency of financial institutions, are set to reshape the landscape of global banking. While some fear the stringent requirements, particularly regarding gold…
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eyesonmalaysia Amsterdam, September 28th, 2024 – In the heart of Kuala Lumpur, a vibrant city known for its towering skyscrapers and bustling streets, a new wave of innovation was taking shape. A young, motivated team of entrepreneurs had just launched their startup, “Visionary Edits,” with a mission to revolutionize the video editing industry using Artificial…
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eyesonmalaysia Amsterdam, September 25th, 2024 – The introduction of Basel ISO 20022 marks a significant shift in the international monetary system, heralding a new era of transparency, efficiency, and interoperability in global banking. This transition, which includes the phasing out of US Bonds as acceptable securities for banks, is set to reshape the financial landscape.…
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eyesonmalaysia Amsterdam, September 25th, 2024 – As Malaysia prepares to attend the BRICS Summit in Kazan from October 22-24, 2024, the nation stands on the brink of a transformative journey. Prime Minister Anwar Ibrahim’s acceptance of Russia’s invitation marks a significant step towards Malaysia’s potential membership in this influential bloc1. This participation promises to open…
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Risk Mitigation the eyesproject Amsterdam, 21 September 2024– When it comes to climate change, less developed and poorer countries, mostly in the Global South face a double set back: Not only do they experience some of the worst impacts of global warming, they then struggle to access the big sums of money needed for climate solutions because of risk-shy investors. …
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eyesonmalaysia Amsterdam, September 20th, 2024 – Bufori, the Malaysian luxury car manufacturer, has always stood out for its handcrafted, bespoke vehicles that exude timeless elegance and unparalleled craftsmanship. As the automotive industry shifts towards renewable energy, Bufori is poised to blend its rich heritage with cutting-edge technology, ensuring its place in the future of luxury…
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Boom-bust tourism in Malaysia and the Philippines eyesonmalaysia Amsterdam, Sept. 19, 2024– The beaches of Malaysia and the Philippines are known worldwide for their beauty and biodiversity. These paradisiacal coastlines attract millions of tourists every year.However, increasing population growth, industrialization and uncontrolled boom-boom tourism have taken a heavy toll on these fragile ecosystems. Plastic pollution,…
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eyesonmalaysia Amsterdam, September 18th, 2024 – In a surprising turn of events, Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, has announced his intention to acquire YouTube. This potential acquisition has sent shockwaves through the tech world, with many speculating on the future of the popular video-sharing platform under Musk’s leadership. Known for his…
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eyesonmalaysia Amsterdam, Spetember 17th, 2024 – The BRICS nations—Brazil, Russia, India, China, and South Africa—have long been recognized for their dynamic economies and significant contributions to global growth. As they prepare to take their proposal for a gold-backed currency a step further at the upcoming summit, it’s essential to reflect on how this partnership generates…
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