The global halal market is forecasted to grow even further with high speed, reaching $1995.08 billion in 2025 at a compound annual growth rate (CAGR) of 15.5% from $1727.74 billion in 2024, according to The Business Research Company. With over 2 billion Muslims in the world, in addition to the developing interest in halal products by
More Brands Are Entering The Surging Global Halal Market In 2025 Read More »
Companies are making their move towards reaching their ESG goals. In Malaysia, the National Sustainability Reporting Framework (NSRF) will be implemented in phases starting in 2025 to help Malaysian companies improve their sustainability reporting. This will help companies improve their sustainability reporting and align with international standards. This is aligned with the younger generations for
What Makes Millennials and Gen Z Care About Sustainability? Read More »
Based on the CPA Australia Asia-Pacific Small Business Survey 2022-2023 Malaysia market summary, Malaysian small businesses will expect to grow and 2022 has been a stronger year for the nation. During 2022, the report shows 54.6% of businesses grew in the last 12 months and 72.2% of businesses expect the local economy to grow in
This is Why Small Businesses in Malaysia Experience Significant Growth Read More »
Berdasarkan Ringkasan Pasaran Malaysia Tinjauan Perniagaan Kecil Asia-Pasifik 2022-2023 dari CPA Australia, perniagaan kecil Malaysia dijangka untuk berkembang dan 2022 telah menjadi tahun yang lebih kukuh bagi negara ini. Sepanjang tahun 2022, laporan menunjukkan bahawa 54.6% daripada perniagaan berkembang dalam tempoh 12 bulan yang lalu dan 72.2% daripada perniagaan mengharapkan ekonomi tempatan akan berkembang dalam
Sebab Mengapa Perniagaan Kecil di Malaysia Berkembang Dengan Cepat Read More »
In today’s tech-driven world, when companies in the technology sector lay off workers, it affects more than just those specific companies. Recent data from layoffs.fyi shows us which industries the layoffs are hitting hardest as of January 2024, revealing the true interconnectedness of the economy. Changes Over Time: What’s Different? Let’s compare the numbers from
Which Industries Are Impacted the Most by Tech Layoffs? Read More »
Vinod Khosla, a billionaire investor and early supporter of OpenAI, forecasts a seismic shift in the world economy. His new findings suggest artificial intelligence will not only disrupt industries but will also dramatically change how we measure and experience economic development over the next 25 years. According to the Hindustan Times, he mentioned his outlook
OpenAI Investors Say AI Will Hugely Deflate Economy: The Reasons Read More »
Starbucks has been facing boycotts ever since the Israel-Palestine conflict. In Malaysia, the number of visitors has been declining ever since. During September, just before the conflict, the Starbucks Puchong outlet was found to have a favorable gross profit margin of up to 70%, roughly RM54,440 in a month, according to Adrian, a Malaysian content
Starbucks Loses $11 billion in Value Amid Boycotts Read More »
Malaysians have been actively boycotting big-brand companies such as McDonald’s, Starbucks and, recently, Grab in order to support Palestinians. The boycott campaign has also been going on worldwide in order to avoid supporting israel’s related businesses. Malaysians, especially Gen Z, are actively supporting the campaign across the online platform. If anyone is ever wondering if
Does boycotting have an impact on Israel’s economy? Read More »
A group of researchers say the Internet economy in Southeast Asia will experience its slowest growth on record in 2023. They also made a 13% reduction in near-term eCommerce spending estimates for the region. Research by Google, Temasek Holdings Pte., and Bain & Co. predicts that total online spending in the region will increase by
Southeast Asia Faces Slow Internet Economy Growth Since 2017 Read More »
The National Commission on Muslim Filipinos (NCMF) has put forward a comprehensive plan to build agro-industrial hubs specifically for halal products across the country, which is a big step toward growing the halal business in the Philippines. This ambitious project aims to foster the development of halal products for both internal consumption and international export
Filipino Muslim Agency to Boost Halal Agro-Industry Read More »