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Questions on 5G rollout

March 26, 2022 by www.thestar.com.my

THE global body representing mobile network operators (MNOs) does not seem convinced that Malaysia’s single wholesale network (SWN) model for 5G would work. This is despite the recent “compromise” reached between the government and the MNOs, which allows MNOs to become shareholders of Digital Nasional Bhd (DNB), the state-owned entity to deploy 5G infrastructure nationwide. Contrary to what the government has promised, GSM Association (GSMA) – representing MNOs’ interests worldwide – argues that SWNs have not delivered “better and cheaper” services in other countries such as in the rollout of 4G. The big question is, if the model did not work for other countries, why is it expected to be successful in Malaysia? What would be Malaysia’s “secret formula” that other countries have overlooked? DNB has repeatedly said that the SWN model removes infrastructure duplication, ensures faster rollout across Malaysia to even less profitable locations and offers cheaper 5G access to … [Read more...] about Questions on 5G rollout

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5 mistakes companies make when they rush to hire

May 18, 2022 by www.fastcompany.com

As hiring managers fight to recruit talent, speed can play a factor. You want to secure a candidate before someone else does. Unfortunately, a rush to hire leaves the door open for missteps. If a bad fit is onboarded, it can damage your workplace culture. advertisement advertisement Research from the talent lifecycle management platform Beamery found that 83% of businesses have compromised when it comes to recruitment, due to the current levels of competition for talent in the market. While the competitive market can make hiring more difficult, it’s best to slow down your process, even if you risk losing out on great candidates. Avoid these five mistakes to improve your hiring process and your chances of finding the right talent: 1. Waiting Until You Have a Job Opening One of the big mistakes is reactive hiring, says Jay McDonald, author of Strategic Jaywalking: The Secret Sauce to Life and Leadership Excellence . “To have a world-class team, … [Read more...] about 5 mistakes companies make when they rush to hire

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16 simple things to do now to get a promotion this year

May 19, 2022 by www.fastcompany.com

As the Great Resignation moves millions of workers from one job to another, you have a different goal in mind: moving up within your current company. But how do you get that promotion —and get it fast? Here’s your pull-out-all-the-stops guide to help you advance in record time. advertisement advertisement Start with your goal The first step to making your career goal happen is to clearly define what you want and why you want it, says Lise Stransky, founder of career-coaching firm Careers That Work for You. And then think about the underlying “why?” Are you looking for career growth or simply more money? What is the need or want that is driving you to pursue these goals? Breaking out your “why” helps you in two ways. First, it can help keep you motivated to pursue your goal. In addition, it can help you understand whether there is some other way this goal could be fulfilled, Stransky says. For example, if you’re looking for more … [Read more...] about 16 simple things to do now to get a promotion this year

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A US$60 bil crypto collapse reveals a new kind of bank run

May 19, 2022 by www.theedgemarkets.com

- A + A NEW YORK (May 19): Last fall, on the advice of a friend, Odosa Iyamuosa invested his life savings of US$4,000 in a cryptocurrency called Luna. The 28-year-old, who lives in Abuja, Nigeria, researched the coin himself online, and what he found seemed promising. Luna’s price was soaring, thanks to the success of another coin with which it was deeply intertwined, TerraUSD. Some of the crypto industry’s biggest names had already invested, including Galaxy Digital Holdings Ltd, the high-frequency-trading firm Jump Trading, and venture investment arms of the exchanges Coinbase Global Inc and Binance. For Iyamuosa, it seemed like his best hope to get out of Abuja, where he says many jobs pay just US$2 a day, or less. He’d scraped together a little money selling knockoff Nike and Adidas sneakers to local buyers he found on Instagram. He wanted to increase his savings to US$16,000 and enroll in a data-analytics programme at a college in Toronto so he could get a job … [Read more...] about A US$60 bil crypto collapse reveals a new kind of bank run

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30 Under 30 Retail & Ecommerce 2022: Meet The Young Entrepreneurs Changing The Way We Shop

December 1, 2021 by www.forbes.com

These up-and-comers are shaking up the retail industry, reinventing what we buy and how. T here’s a mad dash to cash in on Amazon’s blockbuster success by snapping up third-party sellers, and Raunak Nirmal is leading one of the nation’s largest and fastest-growing Amazon aggregators. His company, Acquco, has raised $160 million to acquire businesses that will generate some $250 million in revenue this year. "I've been living and breathing Amazon," says Nirmal, 29, who worked as an analyst at Amazon right out of college and started several Amazon companies himself. Now he's scaling others’ products (household items like shower curtains, bug zappers and milk frothers), a process that includes expanding beyond Amazon to sites such as Walmart, Target and Best Buy. "We think the potential isn't just getting a bunch of brands on Amazon. We think the true potential is turning these brands into true omnichannel brands," says Nirmal, a Sikh who emigrated from India when he was … [Read more...] about 30 Under 30 Retail & Ecommerce 2022: Meet The Young Entrepreneurs Changing The Way We Shop

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Book Review: Dana Brown’s Entertaining and Insightful Memoir of Vanity Fair, ‘Dilettante.’

May 18, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Upon return from a family vacation three summers ago, economist Ike Brannon remarked at a subsequent lunch about an individual at the resort who was almost literally covered in tattoos. This was an expensive resort, and Brannon wondered how he and his family were sharing the same pool. To be clear, Brannon’s wonderment about the inked up vacationer wasn’t of the nose-upturned variety; rather he wanted to know what profession afforded so much individuality and disposable income. It turns out his poolmate was a chef. To younger readers, the mention of chef likely elicits a “so what?” response. For those born in the 1970s or earlier, the response is different. We remember . We remember when chef was a “dead end” job for, yes, people with tattoos. They were referred to as cooks then. It’s a long or short way of saying that the economic thinker in Brannon was celebrating a happy truth about prosperity: it elevates all manner of … [Read more...] about Book Review: Dana Brown’s Entertaining and Insightful Memoir of Vanity Fair, ‘Dilettante.’

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These Are the Personality Traits of Self-Made Millionaires, According to a Big New Study

April 7, 2022 by www.inc.com

More than half of Americans tell pollsters that it's either very or somewhat important to them to become rich. How should these aspiring millionaires pursue this popular goal? There are of course many pathways to wealth (including that low-effort standby: inherit it), but there are nonetheless certain skills, like high-value tech and financial know-how, that seem to correlate with wealth. You might want to acquire those. Or you might study up on the personal habits of the very rich . But that leaves one big part of the puzzle missing. What about the personality it takes to get rich? Is there a particular constellation of inner traits that makes you more likely to end up wealthy? Lots of amateur investigators have combed through interviews and pestered business titans to try to figure this out, but thanks to a large new study recently published in Humanities and Social Sciences Communications , we now have a much more scientific answer to this question. How … [Read more...] about These Are the Personality Traits of Self-Made Millionaires, According to a Big New Study

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