Sustainability in ASEAN Countries: The Role of Financial Development in Climate Change

Higher financial development and economic growth leads to higher production and consumption of a nation. This is because when a country is developed, the demand for infrastructure will increase which could significantly affect the country’s environment. The main aim of this paper is to explore the link between energy efficiency, sustainable economic growth, population and financial development in five ASEAN countries (Malaysia, Thailand, Indonesia, Philippines and Vietnam). Panel data analysis was employed and the results show that financial development, economic growth, population and renewable energy are important factors in influencing climate change. Based on the results, increasing financial development, higher energy use, high population and increasing economic growth will generate more CO2 emissions and contribute to climate change. Thus, there are several policies suggested to balance the relationship between financial development and carbon emission levels, which should be considered and implemented by governments and policy makers in order to improve the environmental quality in ASEAN countries. In conclusion, in the five selected ASEAN countries, financial growth plays an important role in highlighting climate change issues. Many past studies have focused on the impacts of renewable energy consumption, population, economic growth and foreign direct investment on climate change. This study narrows the gap that exists in the literature by focusing on financial development, which is able to foster vigorous economic growth, especially in ASEAN countries. Overall, the results from the fixed effects estimates show that financial development is a significant factor and has a positive contribution towards climate change

Sustainability in ASEAN Countries: The Role of Financial Development in Climate Change

Higher financial development and economic growth leads to higher production and consumption of a nation. This is because when a country is developed, the demand for infrastructure will increase which could significantly affect the country’s environment. The main aim of this paper is to explore the link between energy efficiency, sustainable economic growth, population and financial development in five ASEAN countries (Malaysia, Thailand, Indonesia, Philippines and Vietnam). Panel data analysis was employed and the results show that financial development, economic growth, population and renewable energy are important factors in influencing climate change. Based on the results, increasing financial development, higher energy use, high population and increasing economic growth will generate more CO2 emissions and contribute to climate change. Thus, there are several policies suggested to balance the relationship between financial development and carbon emission levels, which should be considered and implemented by governments and policy makers in order to improve the environmental quality in ASEAN countries. In conclusion, in the five selected ASEAN countries, financial growth plays an important role in highlighting climate change issues. Many past studies have focused on the impacts of renewable energy consumption, population, economic growth and foreign direct investment on climate change. This study narrows the gap that exists in the literature by focusing on financial development, which is able to foster vigorous economic growth, especially in ASEAN countries. Overall, the results from the fixed effects estimates show that financial development is a significant factor and has a positive contribution towards climate change

Covid-19 : analysis on financial wellbeing during the implementation of Movement Control Order in Malaysia

The Malaysian people’s well-being has suffered as a result of COVID-19 pandemic. The welfare of Malaysians has also been impacted by the pandemic, as the Malaysian government has decided to implement Movement Control Orders (MCO) to prevent the virus from spreading throughout the country. Many Malaysian households’ financial well-being has suffered as well due to the crisis consequences. Therefore, this study concentrated on the subjective financial well-being analysis of Malaysians during the implementation of the Movement Control Order (MCO). This is a quantitative study with 293 respondents, 163 of whom were from the B40 group and 130 from the M40 group. The descriptive analysis and Structure Equation Modelling (SEM) technique were used in the data analysis (SEM). The study found that the impact of expenses on financial well-being is greater in the “B40 income group” than in the “M40 income group.” To support the financial well-being of B40 and M40 income groups, the government should implement an effective targeted policies, programmes, and incentives. Following the implementation of MCO in Malaysia, future research should focus on Malaysian households’ financial well-being aspect

Assessment of the relationship between environmental attributes and urban quality of life in, Malaysia

Quality of life study has become an important issue among most of the researchers especially when it touches about urban living. There are many factors that significantly affect the quality of life and neighborhood satisfaction is one of the areas that concern many of the researches in the field of urbanism. Environment attributes are known as one of the factors that can affect neighborhood satisfaction. As the population is increasing rapidly in an urban area, it caused to increase in the unemployment crisis and amenities provided in urban areas. This study aims to evaluate the environmental attributes that can influence the urban resident's quality of life by adopting neighborhood satisfaction indicator as a mediator between the environmental attributes and quality of life. Primary data was collected in seven selected Klang Valley area through a survey involving 487 respondents for this study. SEM-AMOS was used for the data analysis. The findings revealed that there is partial mediation exist in the study that neighborhood satisfaction mediates the relationship between the environmental attributes and quality of life. © BEIESP

Reassessing Malaysian Poverty Measurement after COVID-19: A Multidimensional Perspective

Poverty is a multifaceted phenomenon that has always existed historically. In addition to discussions of poverty issues, aspects of poverty measurement are essential topics. A prominent poverty measurement system is the unidimensional measurement based on poverty line income (PLI). Therefore, the use of multidimensional poverty measurements is proposed, specifically the multidimensional poverty index (MPI), in assessing poverty, including non-monetary aspects. This study discusses the concept of unidimensional and multidimensional poverty measurement and the implementation of these concepts in Malaysia during the COVID-19 outbreak. Furthermore, it aims to contribute to the public debate on COVID-19 policy responses by quantifying the potential impact on global multidimensional poverty using the Global Multidimensional Poverty Index (MPI), which captures concurrent or overlapping deprivation at the household level. This study recommends policies by which members of the community and industry experts would be included in the poverty reduction program, in line with Maslow’s requirements. Overall, this research focuses on planning and orienting policy responses from a multidimensional perspective that integrates health, social and economic goals

Characterization of phosphorylated natural rubber as thorium bio-adsorbent prepared by radiation-induced graft polymerization

Bio-adsorbent modified natural rubber (NR) was prepared by radiation-induced graft polymerization of glycidyl methacrylate (GMA) onto NR seed particle in a latex form using gamma irradiation at a dose of 5-100 kGy followed by subsequent chemical modification with phosphoric acid by ring-opening of epoxy. The adsorbent was characterized with Fourier Transformed Infrared Spectroscopy (ATR- FTIR), 1H Nuclear Magnetic Resonance Spectroscopy (1HNMR), Thermogravimetry Analyzer (TGA), and Field Emission Scanning Electron Microscopy (FESEM-EDX). In addition, the effect of volume ratio GMA-emulsion to latex at different radiation doses during grafting polymerization was studied in order to attain optimal grafting condition. The goal of this research is to produce a material capable of removing Th4+ ion from aqueous solutions. The effects of the initial concentration on adsorption capacity was presented. This study introduces a new step in the modification as an added value to the NR in Th4+ removal application.11Nsciescopu