Introduction Malaysia’s recent interest in joining the BRICS group of emerging economies marks a pivotal moment for our nation. As we evaluate this strategic move, we must consider how it can drive economic growth, foster innovation, and benefit our population. In this article, we explore the potential impact of Malaysia’s BRICS membership. Economic Opportunity The…
Read more
eyesonmalaysia mBridge is a multi-Central Bank Digital Currency (CBDC) platform designed to facilitate real-time, peer-to-peer cross-border payments and foreign exchange transactions using CBDCs. It operates on a blockchain called the mBridge Ledger, ensuring compliance with jurisdiction-specific policies and legal requirements. The platform is developed by a collaboration of central banks and monetary authorities, including the…
Read more
eyesonmalaysia The petrodollar agreement, established in the 1970s, refers to the practice of selling oil exclusively in U.S. dollars. This system has been a cornerstone of the global financial system, as it has helped maintain the U.S. dollar’s status as the world’s primary reserve currency1. The agreement originated from a deal between the United States…
Read more
Recent Comments