What Is Crypto Airdrop, And How Does It Work? Explained
Crypto or cryptocurrency began in 2009, with Bitcoin being the very first cryptocurrency. Over time, it has become a remarkable force in the global financial ecosystem. According to triple-a.io, as of 2024, 562 million people own crypto, which is 6.8% of the global population, proving cryptocurrency’s popularity. Those who are
China’s AI Model Rival’s American Technology Giants
In the latest turn of events, Chinese startup DeepSeek launched its open-source AI model to rival OpenAI, Google and other US tech giants. Moreover, according to the New York Times, the company utilised significantly fewer specialised computer chips to develop the model than its US counterparts. To build DeepSeek R1,
Benevolent or Malevolent?: Why Does The IMF Support Financially Weak Asian Nations?
According to IMF financing and debt service relief, the International Monetary Fund extended $244 million to Bangladesh in 2020, $248.27 million to Myanmar in 2021, and even lent to other Asian nations. It further mentioned that the IMF assisted with $2,622.78 million to Asian nations from 2020 to 2021. However,
Homestays in the Himalayas: Women at the Heart of Nepal’s Eco-Tourism Boom
Tourism in Asia has come a long way, especially in the countries that share the Himalayan range. In addition to Bhutan and India, a new wave of tourism has emerged in Nepal, focusing on sustainability, local empowerment, and community development. Women have been working collaboratively with several communities and organisations
The Darkness In Light: Strategies for Managing Unauthorised Sellers in Asia
Having business ventures across multiple e-commerce platforms with a strong brand identity may sound gratifying, but the challenge of dealing with unauthorised third-party sellers can suck the fun out of it. Global markets have become more intertwined with each other, and the evolution of technology has made e-commerce purchases a
Blue Blood, Green Profits: How Royal Family Ties Impact Corporate Performance
Royal family ownership in corporations, particularly in Gulf Cooperation Council (GCC) countries, presents an intriguing intersection of tradition and business influence. Many companies in regions like Saudi Arabia, Kuwait, and the UAE have substantial ownership stakes held by royal family members. Research shows that royal family ownership impacts corporate governance
Can Culture Create Commerce?
In recent years, the GCC countries have increasingly recognised the role of cultural diplomacy as a strategic tool to strengthen their international business relations. This shift is not merely about soft power; it reflects a deep and broad understanding of how cultural engagement can foster trade and investment. Historically, GCC
7-Eleven Owner’s Foreign Takeover Sparks Alarm in Japan
In the recent turn of events, the economic minister of Japan flagged the potential foreign acquisition of its retail giant Seven & i. According to Reuters, the Japanese Economy Minister, Ryosei Akazawa, was the first senior official to comment on the $47 billion buyout offer by Canada’s Alimentation Couche-Tard. Moreover,
The Gulf’s Green Gold: GCC’s Journey to Green Hydrogen
As the global energy landscape shifts toward cleaner and more sustainable sources, the Gulf Cooperation Council (GCC) countries are positioning themselves as key players in the green hydrogen economy. The rapid shift towards green will be efficient for the GCC countries due to low-cost solar energy and high hydrogen production
Impeached and Unprecedented: Inside the Impeachment of Yoon Suk Yeol
The political landscape of South Korea is once again under global scrutiny as President Yoon Suk Yeol faces impeachment proceedings. This dramatic turn of events has gripped the nation and sent ripples across international relations and domestic stability. Understanding the gravity of this moment requires delving into the reasons for
