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Free Website for Most Complete Database about Malaysians!
Want to start business? You need data.
Want to know how much average Malaysians are earning? Again, we need data. Data is everywhere, but we need someone to collect and process them into useful information, and that is exactly what data.gov.my is doing! And nope, it’s not sponsored, just me wanting to share the website with ya’ll.
What is the data.gov.my about?
It’s a treasure website owned by Malaysia’s government that has all information for anyone who wants to learn more about our country’s economy, demographics, and more.
And most importantly – it’s open source and FREE!
To give ya’ll some confidence…
Here are a few additional insights and numbers to get you started!
- Malaysia has one of the highest open data maturity levels in Southeast Asia.
- In 2022, Malaysia’s open data portal was ranked 17th in the world by the Open Data Barometer.
- As of September 2023, there are over 10,000 datasets available on data.gov.my.
What kind of data you can get?
Here are just a few examples of the types of open data you can find on data.gov.my:
- Economic data: Unemployment rates, GDP growth, inflation, and more.
- Demographic data: Population size, age distribution, and educational attainment.
- Environmental data: Air quality, water quality, and deforestation rates.
- Infrastructure data: Road networks, public transportation ridership, and energy consumption.
And that’s just the tip of the iceberg! There’s literally something for everyone on data.gov.my.
Bonus: Among all data, Births dataset is the most popular dataset that people lookout for!
When will you need the data?
Well, the possibilities are endless! Here are a few ideas:
- Start a business: Use open data to identify opportunities in the market and develop new products and services.
- Conduct research: Use open data to study social and economic trends, and to develop evidence-based policies.
- Create data visualizations: Use open data to create interactive charts and maps that tell stories in a visually appealing way.
- Simply learn more about Malaysia: Open data is a great way to learn more about our country’s economy, demographics, and environment.
Feel free to head over to data.gov.my today and start exploring! Meanwhile, if you are planning to get a loan (any type!) within the next few years, you might want to boost your credit score for better loan offer from bank (lower interest!), do head over to this video talking about the ultimate guide to get perfect credit score, see you over there!
Word of the Week: Day Trading
Definition: Day trading is a style of trading where financial instruments, like stocks or forex, are bought and sold within the same trading day. The objective? Capitalize on small price movements throughout the day. Day traders close all positions before the market closes to avoid overnight risks and come back fresh the next day.
Picture this: You’re monitoring the stock price of “Ziet Corp,” a company known for its volatile price movements. At 10 AM, you spot the stock priced at $100 and predict it’ll rise within the next few hours due to some breaking news about a new product. You swiftly buy 10 shares for $1,000. By 2 PM, just as you speculated, the price jumps to $110. Not wanting to wait and see what tomorrow brings, you decide to cash in on your hunch. Selling your shares at $110 each nets you $1,100.
Your quick morning buy and afternoon sell leaves you $100 richer before the trading day concludes. This rapid-fire, in-and-out approach is the essence of day trading. It’s about sharp reflexes, timely decisions, and keeping a close eye on market pulses, all within the confines of a single day’s market bell.
However, a gentle reminder: Day trading isn’t for the faint-hearted. While the allure of quick profits might be tempting, the risks are equally high. Markets are unpredictable, and the tide can turn just as swiftly. Many day traders experience significant losses, especially when starting out. It’s crucial to be well-informed, utilize risk management techniques, and never invest money you can’t afford to lose.
Key Economic Dates:
- 28th September: GDP Final Revision (Q2) , Initial Jobless Claims
- 29th September: Core PCE Price Index (Aug)
- 2nd October: ISM Manufacturing PMI (Sep)
What I’ve been reading:
Here are the top stories that caught my eye:
- US Fed leaves interest rates unchanged
- Bank of Japan might end negative interest rates in 2024
- Check out the new iPhone 15/15 Pro
You’re all caught up!
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Cheers,
Ziet
