Simplifying Supply Chains
Reading time: 9 minutes Introduction By now, you may have heard that the world has run short of everything from coffee to coal. You personally may have been caught off guard by the shortage of toilet paper in the supermarket. Perhaps, you’ve also felt the pinch of rising computer prices due to the price increase […]
How COVID-19 Affects Consumer Behavior
Introduction Since the beginning of COVID-19, lockdown has been implemented globally and individuals are forced to stay at home which leads to a change in consumer behavior. One of the most common changes is that consumers have chosen to do their shopping online as it is obvious that stores are not open in response to […]
Budget 2021 Roundtable Proposal
Executive summary Covid-19 has significantly disrupted Malaysian businesses’ day-to-day operations stemming from a reduction of the overall consumption rate due to lockdowns and declining consumer confidence. What followed was an unavoidable chain of events — as businesses collapsed under financial pressure from outstanding debts and the absence of financial buffers, job supply in the market […]
Budget 2021 Roundtable Proposal
Executive summary Covid-19 has significantly disrupted Malaysian businesses’ day-to-day operations stemming from a reduction of the overall consumption rate due to lockdowns and declining consumer confidence. What followed was an unavoidable chain of events — as businesses collapsed under financial pressure from outstanding debts and the absence of financial buffers, job supply in the market […]
Rationalising the Behavioural Anomalies of COVID-19
Introduction Traditional economic studies are built upon the assumption of rational human behaviour, where the final decision made is unmoved by emotions and external factors. This is known as the rational choice model. However, in the real world, we often observe irrational behaviour, decisions which lead to economic loss and market failures such as the […]
Covid-19’s Effect on the E-commerce Industry in Malaysia
Introduction E-commerce is a business model that refers to the buying and selling of goods and services through the internet. Today, this industry has evolved to making products easier to discover and purchase through online retailers and marketplaces, enabling businesses to scale at a rate that was not possible with conventional offline retail. As the […]
Communicable Diseases and Supply Chain
Communicable Diseases and Supply Chain Many would say 2020 did not start with a good note. As the new century dawns onto us, a new string of coronavirus, the COVID-19, has risen and quickly made itself known worldwide. With the first case being reported in December 2019, COVID-19 has taken its 11,002,451st victim on 3rd […]
