Straits Research

Cybersecurity Threat ▪ In 2023, the manufacturing industry was most affected by cyberattacks, accounting for 26.0% of incidents, followed by Finance and Insurance and Consumer Services. ▪ By 2025, the global cyber workforce is expected to face a shortage of approximately 3.5 million professionals. Refer @ https://lnkd.in/dxC7-nWn for additional stats. #cybersecurity #cyberattacks #ransomware #phishingattacks #dataprotection

EV Charging Infrastructure Surges Ahead ▫ The top 10 largest EV charging companies globally include Tesla, leading with a market capitalization of $574.02 billion, followed by ChargePoint and EVgo. ▫ By 2034, there are expected to be approximately 25 million EV public charging stations worldwide. Check out @ https://lnkd.in/dejDGRTq for additional data. #electricvehicle #charginginfrastructure #evtechnology #china #unitedstates #sustainabletransportation

Today, on May 1st, we celebrate Labor Day—a pivotal moment to honor the spirit and invaluable contributions of workers worldwide. Known also as International Workers' Day.👷♂️👩🏭 Labour Day started in the 1800s to fight for workers' rights, for fair working conditions and the eight-hour workday. May 1st was picked to remember a big protest in Chicago in 1886, where things got violent and led to tough times for worker rights supporters. It's a day to remember the long journey and hard work for fair conditions. In India, the first Labour Day, or Antarrashtriya Shramik Diwas, was celebrated in 1923 in Chennai by the Labour Kisan Party of Hindustan. This day also marked the first time the red flag, a symbol of labour movement, was used in India. Let's continue to support and uplift each other, not just today, but every day. Happy Labour Day! #labourday #mayday #workersrights #solidarity #straitsresearch

It's Cricket Friday!🏏 "Today, the office transformed into a battleground of cricket fever as our teams took to the field! Every hit and catch showed how well we work together. We cheered, played, and even though it was just for fun, it felt like we won more than just a game. It was great to see everyone come together, and we can't wait to do it again. Team spirit for the win! 🏆" #straitsresearchfamily #straitsresearch #officecricket #cricketmatch #cricket #cricketfever #teamspirit #fungames #companyculture #teamplay

Real Leather Vs. Vegan Leather ▫ Nearly 74% of British shoppers are willing to pay a premium for leather made from plant-based materials. ▫ In 2023, #china led the global leather export, contributing to 25% of total exports. #brazil, #russia, and #india followed closely behind. Refer @ https://lnkd.in/d9UfD7vy for additional stats. #leatherindustry #genuineleather #fauxleather #veganleather #sustainablefashion #greenfashion

Gold Price Surge ▫ In 1970, gold traded for less than $300 per ounce. Since then, its average price has steadily risen, reaching $1,801.87 per ounce in 2022, $1,943.00 per ounce in 2023, and hitting an all-time high of approximately $2,114.25 per ounce as of April 2024. ▫ #china leads as the world's top gold producer, generating an estimated 370 metric tons in 2023, with #australia closely following at around 310 metric tons during the same year. Refer @ https://lnkd.in/dasSd-wt for additional insights. #risingprice #goldinvestment #financialsecurity #investmentstrategy #riskmanagement #assetmanagement

Language Learning Trends ▫ Duolingo leads in Language Learning App installs with 16.2 million downloads. ▫ 86% of executives see language skills as key to business success, prompting a rise in language training among professionals. Refer @ https://lnkd.in/dFY6yaui for additional stats. #languageskills #careeropportunities #languagelearning #communication #global

May this special day bring peace, happiness, and prosperity to everyone. Eid Mubarak! ✨ #eidmubarak #ramadanmubarak #eid2024 #straitsresearch #marketresearch

Global Unemployment Challenges ▫ In South Africa, 44.83% of youth with basic education are unemployed, whereas in #india, 30.24% of youth with advanced education remain jobless. ▫ In 2024, the global unemployment rate for women is expected to rise, with 15% of working-age women seeking employment but unable to find jobs, compared to 10.5% of men. Check out @ https://lnkd.in/duv-HemW for additional insights. #youthemployment #jobopportunities #unemployment #g20 #genderequality

Global Landscape of Hunger and Malnutrition ▫ The Central African Republic, Madagascar, and Yemen rank among the nations experiencing the highest levels of hunger and malnutrition, with indices ranging from 42.3 to 39.9. ▫ Malnutrition-related costs in India alone constitute nearly 12% of the country's GDP. Refer @ https://lnkd.in/g3VAn36E for additional insights. #malnutrition #foodsecurity #humanitarianaid #publichealth #yemen #india