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Fintech Spotlight: Crypto, Digital Banks, & Leadership Shifts03 Feb 202500:32:42

From key leadership changes in Malaysia’s fintech scene and lifting of the digital bank moratorium in the Philippines, to emerging trends in crypto and digital banking, the Malaysian and ASEAN fintech world is off to a dynamic start in 2025. In this episode of Enterprise Explores, we explore these developments with Vincent Fong, Chief Editor of Fintech News Malaysia.

Vincent breaks down the latest trends, including Malaysia’s evolving crypto strategy, the competitive dynamics of digital banks, and insights on Singapore’s emerging unicorns. We also explore broader regional trends such as the rise of stable coins, the growth of cross-border payments, and increasing industry consolidation. Vincent shares his expert perspective on how these shifts are reshaping the financial sector and what opportunities and challenges lie ahead for startups and investors alike.

Whether you’re an entrepreneur, investor, or industry stakeholder, this conversation offers insights into the current state and future of fintech in the region.

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What TikTok Shop’s Rise Means For E-Commerce02 Feb 202500:28:55

E-commerce is evolving fast, and if there’s one platform that’s been shaking up the industry, it’s TikTok Shop. Just a year after launching in the United States, it has already raked in a staggering US$9 billion in Gross Merchandise Value (GMV). But beyond the numbers, this signals a massive shift in how consumers discover and buy products, that is, through entertainment-driven commerce.

Here in Southeast Asia, TikTok Shop has already made waves, especially in Indonesia, Thailand, and Malaysia. But what does the latest data tell us about its growth trajectory? How should businesses adapt? What are the opportunities and pitfalls? And, most importantly, what actionable steps should brands take to stay ahead?

To help us unpack these insights, we speak with Jianggan Li, Founder and CEO of Momentum Works, on Momentum Works, and analytics and e-commerce operation platform Tabcut’s latest report, “TikTok Shop in the US 2024”.

We discuss:

- The rise of TikTok Shop in the US and its global implications

- What Southeast Asian businesses can learn and apply

- The future of live commerce and influencer-driven sales

- Actionable strategies for brands to thrive in this new era of e-commerce

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Updates To The Personal Data Protection (Amendment) Act 2024 16 Jan 202500:31:54

This month, Malaysia enters an important moment in data privacy with the rollout of the Personal Data Protection (Amendment) Act 2024. Spanning three phases, the amendment introduces key changes — recognising biometric data as sensitive, mandating Data Protection Officers, and imposing heftier penalties for non-compliance.

In this episode, we speak with Ong Johnson, Partner & Head of Technology Practice Group, and Lo Khai Yi, Partner & Co-Head of Technology Practice Group at Halim Hong & Quek, to unpack the Act’s implications. From cross-border data transfers to mandatory breach notifications, discover how businesses can stay compliant and turn regulatory readiness into a competitive advantage.

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Conflicts of Interest: The SOE & GLC Challenge15 Jan 202500:27:20

State-owned enterprises (SOEs) or Government-Linked Companies (GLCs) play a pivotal role in Malaysia’s economy, and their significant influence demands rigorous governance frameworks. In this episode of Enterprise Explores, we dive into the state of SOE governance in Malaysia and the key challenges, including conflicts of interest, and spotlight the Guidelines on Governance for SOEs and Government-Linked Companies Limited by Guarantee, which aims to strengthen accountability, clarify the roles of supervisory ministries, and enforce merit-based board appointments—including at least one-third independent directors.

Tune in to discover insights on fortifying SOE governance, preventing conflicts of interest, and maintaining vital public confidence.

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Why the Cost of Living Still Hurts Despite Easing Inflation14 Jan 202500:22:16

Despite signs of easing inflation in many countries, 65% of people still expect it to rise by 2026, according to the latest Cost of Living Monitor. In this episode of Enterprise Explores, we dive into key findings across 32 countries, examining key factors that influence perceptions of inflation, and how much inflationary pain Malaysians are feeling.

We also discuss why 37% of people feel worse off financially now compared to pre-pandemic times, how the financial gap for low- and middle-income groups is growing, and why disposable income remains a pivotal factor in consumer confidence.

Here are some key areas we covered in this conversation:

- Global Outlook on Inflation: Why two-thirds of survey respondents still see inflation rising, even as official rates cool in many economies.

- Immigration’s Role: A growing perception that immigration drives up living costs, with 56% identifying it as a key factor.

- Financial Well-Being Post-Pandemic: How 37% feel worse off now than before COVID, and why this sentiment is intensifying.

- Bridging the Income Divide:Exploring the challenges facing low- and middle-income earners, and what individuals and businesses can do to cope.

- Disposable Income Dynamics: Understanding why some expect disposable income to rise while others fear it will fall—and how this impacts cost-of-living debates.

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Unlocking $1 Billion for MSMEs In Asia-Pacific13 Jan 202500:35:54

Malaysian banks, financial institutions, and digital platforms—Mastercard and the Asian Development Bank (ADB) want to collaborate with you to channel $1 billion in financing to underserved MSMEs across the Asia-Pacific. Backed by a $5 million grant, this initiative aims to help institutions develop innovative products and build capacity to bridge critical gaps in MSME financing.

From prioritising women-led businesses and climate-focused initiatives to envisioning a more inclusive and sustainable future for MSMEs, in this episode of Enterprise Explores, we speak to Subhashini Chandran, Senior Vice President for APAC, Europe, Middle East, and Africa at the Mastercard Center for Inclusive Growth, about the $2.5 trillion MSME financing gap in the region and explore how this partnership plans to address systemic barriers.

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CVC: Corporate Malaysia’s Innovation Catalyst?12 Jan 202500:42:13

Is Corporate FOMO the answer to closing Malaysia’s Corporate Venture Capital gap? With only 39% of corporations incorporating CVC into their innovation strategies, Malaysia trails behind regional peers like Indonesia, Thailand, and Singapore. This episode of Enterprise Explores dives into a report by Capital Markets Malaysia and BCG X, examining the barriers, opportunities, and actionable steps needed to build a thriving CVC ecosystem.

Joining us to unpack the findings from their report – Advancing Malaysia’s Innovation Landscape: The Pivotal Role of Corporate Venture Capital – are Navina Balasingam, General Manager of Capital Markets Malaysia, and Hanno Stegmann, Managing Director and Partner at BCG X.

We discuss the challenges of risk-averse corporations, the government's role in facilitating co-investments, and strategies to address key gaps in Malaysia’s CVC landscape. Learn how CVC can drive innovation for Corporate Malaysia, manage risk elements effectively, and activate the three key levers required to catalyse growth in the ecosystem.

For those unfamiliar, Corporate Venture Capital (CVC) involves corporations investing in startups and high-growth ventures through dedicated investment arms. Beyond funding, it’s about leveraging capital, expertise, and market access to fuel innovation and create growth opportunities for both startups and corporations.

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59% of Employers Hiring in 2025? Trends, Challenges, & More.09 Jan 202500:30:31

With 59% of employers planning to expand their teams in 2025 and 31% focusing on maintaining headcount, Malaysia’s job market is poised for significant activity. In this episode of Enterprise Explores, we unpack Randstad Malaysia’s 2025 Job Market Outlook and Salary Guide with Fahad Naeem, Country Director at Randstad Malaysia.

Key topics covered include:

- How employers are approaching hiring in 2025.

- The in-demand roles and skills driving competition in the talent market.

- Insight and approaches to talent management, attraction, and retention

- Gain insights into hiring trends, the growing demand for tech and digital transformation roles, and strategies to address Malaysia’s ongoing talent scarcity.

- Whether you're an employer tackling recruitment challenges or a professional exploring career opportunities, this episode provides actionable perspectives on navigating Malaysia’s evolving job market in 2025.

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State of WealthTech, Trump & Crypto, Inflation & Volatility08 Jan 202500:50:55

How are digital-first wealth managers revolutionising Malaysia’s financial landscape? What does Trump 2.0 mean for Crypto in 2025? What are key trends to watch out for in Wealthtech ahead? In this episode of Enterprise Explores, we speak with Wong Wai Ken, Country Manager of StashAway Malaysia, and Hann Liew, Co-Founder and CEO of Halogen Capital, to discuss the evolution of WealthTech, its impact on Malaysians' approach to wealth management, and of course what they're both watching out for in 2025.

Here are some AI-generated highlights of key areas covered in the conversation:

Market Outlook: Navigating Macro and Crypto Trends

Hann Liew forecasts tighter financial conditions in 2025 with historically high rates and inflation risks. Trump’s fiscal policies could amplify inflation, while proposals for a U.S. Bitcoin reserve may boost crypto markets. Investors must remain nimble to navigate these evolving macroeconomic and crypto trends.

Managing Market Volatility

Ken highlighted the importance of navigating market volatility in 2025. While rate cuts and AI-driven optimism fuel bullish markets, he cautioned against overconfidence. Potential risks, including inflation resurgence and geopolitical shifts, could disrupt markets. Ken emphasises maintaining a long-term perspective and adapting to evolving macroeconomic and technological trends.

Leveraging Technology to Redefine Wealth Management

StashAway and Halogen Capital use technology to enhance user experiences and internal processes. StashAway applies AI to manage portfolios, while Halogen integrates digital tools for crypto funds. By digitising operations and lowering fees, they aim to make wealth management accessible, transparent, and efficient.

Overcoming Challenges in Trust and Education

WealthTech platforms face challenges in trust and financial literacy. StashAway addressed skepticism around digital investment safety, while Halogen Capital clarified its role as a crypto asset manager. Both focus on patient education and transparency to empower Malaysians with knowledge of new asset classes and long-term strategies.

The Role of Partnerships and Industry Collaboration

Halogen collaborates with asset managers to integrate crypto exposure, while StashAway faces challenges aligning with traditional institutions due to high fees. Both stress client-focused partnerships to broaden investment access, combining innovative solutions with established financial systems to drive industry progress.

Preparing for the Future: Trends and Challenges

StashAway addresses Malaysia’s retirement savings gap with diversified portfolios, while Halogen aims to grow crypto assets to 1-3% of managed assets. Both highlight AI and blockchain’s transformative potential but emphasize a steady, long-term approach amid market volatility and evolving regulations.

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Oil & Gas in 2025: $76 Oil, LNG Growth & Trump’s Impact07 Jan 202500:27:39

From rising LNG demand and an oversupply of oil to shifting geopolitics under Trump 2.0, 2025 presents a complex landscape for the global energy sector. How will these trends reshape O&G markets and strategies?

In this episode of Enterprise Explores, Emma Richards, Associate Director of Oil and Gas at BMI, a Fitch Solutions company, shares insights from BMI’s 2025 oil and gas outlook.

Here are some AI-generated highlights of key areas covered in the conversation:

- Oil Market Oversupply: Increased production from OPEC+ and non-OPEC producers is putting downward pressure on prices, with U.S., Brazil, and Canada driving significant supply growth.

- LNG’s Bright Spot: Why global LNG capacity is surging, driven by projects in MENA, Africa, and the Americas, and how geopolitics—especially the Russia-Ukraine conflict—has spurred demand.

- Developed vs. Emerging Markets: Developed market oil demand peaked nearly 20 years ago, while emerging markets like India and Southeast Asia are now key growth engines.

- Trump 2.0’s Role: Regulatory easing in the U.S. could benefit smaller producers while reshaping global competition, with potential risks tied to erratic foreign policy decisions.

- SOE vs. IOC Strategies: State-owned enterprises are leading in both traditional and low-carbon investments, while publicly listed firms face shareholder pressures to prioritise dividends over growth.

- The Energy Transition: Companies are navigating dual pressures—meeting immediate economic demands while strategically positioning themselves for a lower-carbon future.

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VC in 2025: Trump 2.0, AI Hype, & Rise of Secondaries06 Jan 202500:52:37

From Trump 2.0’s potential boost for M&As and $40 billion in AI foundational model funding to the rise of secondary transactions providing liquidity and SoftBank’s $100 billion commitment to US companies, 2024 brought significant shifts in funding priorities, valuation corrections, and global politics that are reshaping the venture capital and startup ecosystem for 2025.

In this episode of Enterprise Explores, Kevin Brockland, Managing Partner at Indelible Ventures, and Yeoh Chen Chow, Founder of 1% Advisory & Coaching, join us to unpack the major developments of 2024 and what they are watching for the year ahead. They dive into the AI funding boom, secondaries as a liquidity tool, Malaysia’s evolving role in Southeast Asia’s VC landscape, and how Trump 2.0 may impact M&A and regulatory frameworks.

Here are some AI-generated highlights of key areas covered in the conversation:

1. The 2024 VC Slowdown: The Southeast Asian venture capital space experienced a notable slowdown in 2024, with Malaysia seeing a limited number of deals. Kevin and Chen Chow examine how this impacted startup funding, valuations, and the evolving dynamics of capital flows in the region.

2. Global Political Shifts and VC: The return of Donald Trump and his administration’s likely regulatory rollbacks are expected to influence M&A activity and startup opportunities in the US. Kevin and Chen Chow analyse how these shifts, combined with the rise of Japanese investors and Malaysia’s ASEAN chairmanship, could create opportunities for Southeast Asian startups.

3. The Rise of Secondary Transactions: Secondary transactions emerged as a critical tool for providing liquidity to founders, early employees, and investors. The speakers highlight why secondaries are gaining traction, the typical discounts involved, and how these transactions are reshaping the VC landscape.

4. Liquidity Challenges for Investors: The conversation highlights the stark realities of limited distributions to LPs in Southeast Asia, with DPI figures as low as 0.4 for some vintages. The speakers discuss the implications for future fundraising and how this affects investor confidence in the region.

5. AI Hype vs. Substance: AI funding doubled in 2024, but separating hype from real value remains a challenge. Kevin and Chen Chow explore foundational models, productivity tools, and the potential for AI agents to transform business operations. They also discuss how AI might shift from a buzzword to a foundational layer for businesses of all sizes.

6. SoftBank’s $100B US Commitment: SoftBank’s $100 billion commitment to US companies under the Trump administration signals a strategic bet on AI, semiconductors, and innovation. The speakers reflect on SoftBank’s mixed legacy and what this move could mean for the VC landscape globally and in Southeast Asia.

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Anwar’s Madani Economics: Wins, Misses, and What’s Next05 Jan 202500:45:44

Subsidy rationalisation, the Madani government’s communication challenges, Malaysia’s semiconductor ambitions, and the return of Donald Trump—Professor Dr. Ong Kian Ming and Pankaj Kumar review the Madani government’s 2024 performance and share their key focus areas for 2025.

Here are some AI-generated highlights of key areas covered in this conversation with Professor Dr Ong Kian Ming, Pro Vice Chancellor for External Engagement of Taylor's University, and Pankaj Kumar, Managing Director of Datametrics Research and Information Centre:

- 2024 Economic Performance: Malaysia’s economy saw strong GDP growth and robust investment numbers in 2024, but challenges arose from poor public policy communication and implementation. The discussion explores the Madani government’s performance, grading its achievements and identifying areas for improvement.

- Subsidy Rationalisation: The complexities of fuel subsidy reforms and the rollout of a targeted mechanism have raised concerns over public trust and effective communication. The importance of a clear, data-driven strategy is underscored to ensure smooth implementation and public buy-in.

- Data Centers & Semiconductors: Data centers play a pivotal role in Malaysia’s digital economy, while the National Semiconductor Strategy aims to move Malaysia up the value chain in the global semiconductor industry. Insights are shared on how these sectors can drive Malaysia’s growth in 2025 and beyond.

- Growth Sectors in 2025: Opportunities in renewable energy, smart industrial parks, logistics, and the Johor-Singapore Special Economic Zone are highlighted as key areas for Malaysia’s economic expansion. The conversation delves into strategies to capitalise on these emerging growth engines.

- Geopolitical Risks: With the return of Trump 2.0 and rising geopolitical tensions, Malaysia faces external uncertainties. The discussion explores how Malaysia can mitigate risks by leveraging its ASEAN chairmanship and BRICS partnerships to strengthen its global position, while highlighting the fine line that Prime MInister Dato Seri Anwar Ibrahim might need to navigate with foreign policy with President Trump back in the White House.

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Navigating Social Media Volatility30 Jan 202500:42:14

Platforms like Instagram are trying to lure creators away from TikTok with initiatives like the Breakthrough Bonus. At the same time, an increasing number of American users are migrating to Xiaohongshu (RedNote), a Chinese social media platform, despite security concerns. This has raised questions about its future growth and the potential strain on its censorship mechanisms. But is this the right response to platform instability, or is it just a temporary fix?

In today’s conversation, we dive deep into the volatile world of social media, where shifting user behaviors, regulatory hurdles, and uncertain platform futures present major challenges for creators, influencers, and brands alike. We speak with Amin Ashaari, CEO and Co-Founder of SoyaCincau, to explore the effects of platform volatility, the role of emerging tech, and practical strategies for creators to stay relevant and resilient in this unpredictable environment.

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The Halal Boom: A $1.5 Trillion Global Opportunity19 Dec 202400:25:09

Halal food & drinks looks to be a global market that is too big to ignore, with projections placing its value at $1.5 trillion by 2028. This growth, driven by demographic shifts, rising consumer awareness, and mandatory halal certification policies in key markets like Indonesia, has the potential to reshape the global landscape. With younger Muslim populations driving demand for premium halal products across both Western and Asian markets, the sector is poised for remarkable expansion.

Malaysia, as a leader in halal certification, has a unique opportunity to position itself as a global hub for halal innovation and export, while businesses face challenges like non-standardized certifications and compliance across different markets.

In this episode of Enterprise Explores, Damien Yeo, Food & Drink Analyst at BMI, joins us to delve into the findings of BMI’s report Global Halal Food & Drinks: A Market That Can No Longer Be Ignored. We explore what’s driving the market’s growth, the role of Indonesia’s regulatory changes, and how Malaysia can capture more value from this booming sector.

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E-Invoicing Unpacked: Why We Need It & Phase 1 Takeaways18 Dec 202400:37:55

The countdown to Phase 2 of Malaysia’s e-invoicing rollout is on, with businesses earning between RM25 million and RM100 million required to comply by January 1, 2025.

Following the implementation of Phase 1 in August 2024, a KPMG survey highlights businesses’ varying levels of readiness, with challenges like IT upgrades, manpower training, and system integration posing potential roadblocks. So, what can Phase 2 businesses learn from early adopters?

In this episode of Enterprise Explores, Dr. Veerinderjeet Singh, Senior Advisor on Tax Policy at KPMG Malaysia, unpacks the fundamentals of e-invoicing, key findings from KPMG’s survey, and key lessons and insights from Phase 1. We also discuss the role of e-invoicing in Malaysia’s broader push for digitalisation—enhancing compliance, reducing fraud, and modernising the nation’s tax ecosystem.

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IBM, AI, and Superpowers?17 Dec 202400:30:28

As we edge closer to 2025, artificial intelligence (AI) continues to reshape industries, redefine innovation, and open up new opportunities for businesses globally. In Malaysia, AI has become an important tool, enhancing operational efficiency, improving customer experiences, and driving data-informed decision-making.

Joining us today is Dickson Woo, the Managing Director of IBM Malaysia, to discuss the significant changes in the APAC AI Outlook 2025 Report. We'll cover the shift from initial trials to ROI-focused AI strategies, the adoption of open-source models, and emerging trends like generative and agentic AI. This discussion, we hope, will provide valuable insights to help Malaysian enterprises stay competitive and prepare for growth in an AI-driven future.

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2025 Consumer Trends: Tech Hype, Nostalgia, and Climate16 Dec 202400:27:22

In Ipsos’s latest Global Trends: Understanding Asia report, three major consumer trends are set to dominate the Asia Pacific region in 2025. As technology continues to evolve, consumers in APAC are embracing what’s been dubbed “Technowonder,” with a strong belief that AI and digital innovation will play a transformative role in their future. At the same time, younger generations are feeling a pull towards the past, with over half of Gen Z in the region expressing a desire to have grown up during a simpler time—what Ipsos calls the “Retreat to Old Systems.” And then there’s the urgent call for environmental action: “Climate Convergence” shows that the majority of consumers believe the world is heading for disaster unless immediate changes are made.

- Technowonder: How Asia is embracing technological progress and the rise of AI.

- Retreat to Old Systems: Why Gen Z feels nostalgic and how businesses can adapt.

- Climate Convergence: The role of brands in combating climate change and leading the charge.

In this episode of Enterprise Explores, Hamish Munro, CEO for Asia Pacific Excluding Greater China at Ipsos, breaks down these trends and discusses what they mean for businesses and policymakers as they navigate the opportunities and challenges of the future.

We dive into the significance of each trend and explore how Asia Pacific consumers’ increasing concerns about climate change, rapid digital transformation, and societal change are shaping the region’s commercial landscape.

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Halal-Powered Entrepreneurship: The Future with HASAN.VC Accelerator 00215 Dec 202400:33:50

HASAN.VC Accelerator 002 is on a mission to empower startups with a unique blend of mentorship, funding, and market access, all while fostering ethical and halal values. This accelerator program is designed to create impactful ventures that align with Shariah principles and address global challenges, positioning startups for success in Southeast Asia and beyond.

In this episode of Enterprise Explores, Umar Munshi, Managing Partner of HASAN.VC and Group MD of Ethis, shares how the accelerator is equipping entrepreneurs to scale their businesses, overcome common challenges like funding and market validation, and foster a culture of purpose-driven innovation. We unpack the program’s structure, its emphasis on cultural and market-specific insights, and the long-term vision for growing HASAN.VC’s footprint across the region.

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Transforming Travel with AI: The Future is Here12 Dec 202400:24:04

We speak with Whitnee Hawthorne, Global Head of Travel & Hospitality at Snowflake, about an industry-first AI-driven solution that aims to transform how airlines, hotels, and travel providers operate and engage with customers. We’ll explore how AI is reshaping the customer journey, opportunities for operational innovation, and real-world use cases, such as AI-powered customer service chatbots and predictive planning tools.

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Lessons in F&B Resilience11 Dec 202400:33:33

Recently, Starbucks Malaysia’s temporary closure of 50 outlets amid reported financial and operational difficulties serve as a stark reminder of the unpredictable landscape of the food and beverage (F&B) industry. Beyond the Starbucks case, other F&B brands are also struggling with similar external pressures whether it is controversies tied to celebrity endorsements, shifts in consumer sentiment, or the lasting effects of the pandemic. So, what can businesses do to weather the storm, to adapt quickly and prepare for the unexpected to survive?

To explore these pressing questions and more, we speak with Sofia Leong Abdullah, Franchise Consultant and Founder of Business Evolution Enterprise, on how to navigate challenges, shifting consumer behaviours, rebuild consumer trust and create sustainable growth strategies.

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Reforming GLICs & GLCs: A 5-Point Guide To Better Governance10 Dec 202400:40:31

From political interference to unclear mandates, not all GLCs and GLICs operate on the same level. Some run efficiently under close scrutiny, while others fly under the radar, plagued by inefficiencies and governance issues. This raises a critical question: how can we hold these entities—whether at the state or federal level—to higher standards to improve transparency, accountability, and public trust?

Aira Azhari, Acting CEO of the Institute for Democracy and Economic Affairs (IDEAS), shares how targeted reforms can transform GLCs and GLICs into more effective, accountable, and transparent drivers of economic and social progress.

So in this episode of Enterprise Explores, we unpack IDEAS’ five-point framework for reform, which emphasises stronger parliamentary oversight, independent appointments, and clearer mandates to align with Malaysia’s broader economic goals.

Here are some key highlights from the conversation:

- Governance Challenges: Issues like political interference, opaque investment decisions, and lack of accountability hinder GLIC and GLC effectiveness and trust.

- FSBs, Not GLICs: Federal Statutory Bodies (FSBs) are entities established through acts of Parliament, such as EPF and Tabung Haji, to fulfill specific mandates and objectives as per their respective Acts. Unlike GLCs, which are companies incorporated under the Companies Act and often state-owned, FSBs operate under distinct legal mandates outlined in their founding statutes. IDEAS argues that using the term FSBs for organisations like EPF is more accurate.

- IDEAS’ Five-Point Framework: IDEAS proposes reforms focusing on ownership rationale, independent oversight, transparent appointments, and performance monitoring to enhance governance.

- Parliamentary Oversight: Advocating for a stronger role for Parliament in scrutinising annual reports and vetting board appointments while avoiding political meddling in operations and investment decisions.

- Independent Ombudsman: IDEAS recommends establishing an ombudsman to protect whistleblowers and ensure ethical practices within GLCs and GLICs.

- Balancing Roles: Emphasizing the need for GLCs to clearly distinguish between profit-driven objectives and social policy goals to avoid conflicting mandates.

- Future Vision: A call for the Malaysian government to act as an “active and informed owner,” ensuring institutions deliver clear objectives while maintaining professional independence.

- Cultural Shift: Addressing Malaysia’s political culture, which often rewards supporters with appointments, as a long-term goal for sustainable reform.

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Regulating Gig Work: Grab & GoGet Weigh In09 Dec 202400:45:21

What must Malaysian policymakers understand to craft a regulatory framework that balances flexibility and the nuances of the gig economy with the need for social protections?

The gig economy has transformed modern work, offering flexibility for gig workers, cost-effective solutions for businesses, and convenience for consumers. However, Malaysia’s long-anticipated Gig Workers Bill could reshape this landscape, with industry players voicing concerns over unintended consequences and lack of engagement in the drafting process.

From defining gig work accurately to balancing flexibility with social protections and emphasising meaningful industry engagement, in this episode of Enterprise Explores, Rashid Shukor, Director of Country Operations and Mobility at Grab Malaysia, and Franchesca Chia, Founder and CEO of GoGet, share their insights on the complexities of regulating gig work.

Here are some key highlights from the conversation:

- Defining Gig Work: The gig economy spans diverse models, from location-based platforms like Grab and GoGet to non-location-based and freelance work. Precise definitions are key to effective regulation.

- Flexibility First: Flexibility is the cornerstone of gig work, and policies must ensure it’s preserved without compromising worker protections.

- Concerns with Current Policies: Both Grab and GoGet emphasised gaps in existing frameworks, such as costly multi-platform contributions and outdated structures like annual payment models.

- Social Protections: Platforms advocate for voluntary, bite-sized contributions for insurance and social protections, ensuring affordability for gig workers with fluctuating incomes.

- Technology as a Solution: Leveraging APIs, digital platforms, and microinsurance models can streamline protections while maintaining operational efficiency.

- Stakeholder Engagement: Both platforms urge policymakers to prioritise dialogue with gig workers, platforms, and other stakeholders to craft effective regulations.

- Global Lessons, Local Leadership: Malaysia has been progressive in gig economy innovations, with initiatives like PERKESO’s SKSPS and EPF integrations, but continuous dialogue is vital to sustain this leadership.

- Future-Proofing the Model: Ensuring any policy accounts for multi-platform work, inclusivity, and evolving employment dynamics is essential for balancing worker welfare, platform sustainability, and consumer affordability.

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Boycotts, Trust, Reputation: Managing Risks in Uncertain Times08 Dec 202400:43:31

Who are the 4 most important stakeholders to every business? How can corporations identify problems before they escalate? And what does effective government relations look like today?

In today’s polarised and digital world, corporate reputation and crisis management are more critical than ever. From managing complex government relations to leveraging data-driven stakeholder strategies, Conall McDevitt, President of The Penta Group, sheds light on how businesses can navigate these challenges and turn them into opportunities.

With decades of experience in public affairs, crisis management, and stakeholder solutions, McDevitt emphasises trust as the foundation of reputation and advocates for a 360-degree view of your key stakeholders: staff, investors, regulators, and customers.

In this episode of Enterprise Explores, we discuss how organisations can measure and manage reputation using data, stay ahead of crises, and align with evolving regulatory landscapes.

Here are some key highlights from the conversation:

- Stakeholder Focus: Penta advocates managing relationships with four critical stakeholder groups—employees, customers, regulators, and investors—to build trust and resilience.

- Data-Driven Insights: Learn how organisations can track reputation through metadata analysis, sentiment tracking, and primary research, ensuring issues are addressed before they become crises.

- Reputation & Crisis Management: McDevitt outlines the “Measure, Monitor, Analyze, Track” framework for identifying early signals of reputational risks.

- Evolving Public Affairs: Government relations are shifting from being relationship-led to research-led, emphasising data to bridge the gap between organizations and policymakers.

- Proactive Advocacy: McDevitt shares examples of grassroots campaigns influencing policy and mitigating regulatory risks, highlighting the importance of understanding unintended consequences.

- Trust Signals: Spotting trust erosion through tools like Glassdoor trends, social media sentiment, and customer feedback is key to reputation management.

- Strategic Leadership: Why large organizations might need a Chief Stakeholder Officer to integrate insights across all stakeholder groups.

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Director Pay & Governance: 2024 Data Revealed27 Jan 202500:34:36

From governance costs ranging between RM500k and RM3.5 million to board diversity extending beyond gender and age, this episode of Enterprise Explores unpacks findings from the 2024 Directors’ Remuneration Report, a joint initiative by Aon and FIDE FORUM. We examine how financial institutions structure compensation for their boards—and the implications for governance, accountability, and talent retention.

We explore the spectrum of governance expenses while delving into key issues of transparency, diversity, and continuous director education. The discussion also addresses how Malaysia can align its board practices with global governance standards to bolster oversight and strengthen leadership.

Joining the conversation are Tay Kay Luan, CEO of the Financial Industry Education Forum (FIDE FORUM), and Rahul Chawla, Head of Talent Solutions for Aon in Southeast Asia. They highlight the importance of ongoing education for directors, given the rising stakes in cybersecurity, ESG, and other complex risks. We also discuss why fair, transparent pay is crucial for attracting top board talent—and how institutions can balance public scrutiny with the need to avoid underqualified or ill-prepared directors.

Whether you’re a corporate board member, a financial-sector stakeholder, or simply curious about the evolving governance landscape, this conversation provides actionable insights on diversity, director remuneration, and best practices shaping boardrooms today.

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Keeping Kids Off the Grid05 Dec 202400:29:05

Social media has become very much a part of our daily life, but its impact on children has sparked global concern. Australia recently passed a law banning social media access for users under 16 without parental consent, addressing rising worries over mental health, online safety, and data privacy for minors. While Malaysia hasn’t introduced a similar law, the Malaysian Communications and Multimedia Commission (MCMC) is making strides to regulate social media for younger users, focusing on age verification for those under 13. These developments reflect a broader global trend of prioritising child safety in the digital space and raise important questions about how governments and platforms can effectively enforce such policies.

In this episode, we discuss these pressing issues with Jillian Chia, Partner and Head of Privacy and Data Protection Practice at Skrine. Together, we explore the implications of stricter age restrictions on social media, the challenges of ensuring compliance without infringing on privacy, and the potential ripple effects of such measures on international regulations. We also look into the delicate balance between safeguarding children and upholding digital rights, as well as the unintended consequences these restrictions might have on digital literacy and online behaviour.

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Being Prepared in Times of Trouble04 Dec 202400:19:07

Malaysia is once again facing the devastating impact of floods, disrupting many lives and communities across several states. In such crises, disaster relief efforts play a vital role not just in providing immediate aid but also in building preparedness and resilience for the future.

Today, we speak with William Cheah, the Co-Founder of Kembara Kitchen, a food production social enterprise dedicated to disaster relief and community outreach. They have extensive experience in producing ready-to-eat meals, food preparation, logistics, and mobilising resources during emergencies. In this conversation, we hope to gain on-the-ground insights, the challenges of delivering aid during natural disasters, and how businesses and communities can work together to make a meaningful impact during these critical times.

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When Trust is Broken03 Dec 202400:27:39

ByteDance, the parent company of TikTok, had recently filed a lawsuit against a former intern alleging deliberate sabotage of its AI model training infrastructure through code manipulation and unauthorised modifications. In light of this, we look at the critical issue of insider threats ranging from unintentional errors to deliberate sabotage.

Joining us today is Datuk Alan See, Co-Founder and CEO of FIRMUS, to share insights on how organisations can navigate insider risks, balance meaningful opportunities for junior employees with robust security measures, and foster a workplace that protects sensitive projects while empowering teams at all levels.

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Why Batik Lestari Wants To Drive The Batik Economy with Corporates02 Dec 202400:29:31

How can Corporate Malaysia and the private sector support Malaysian batik? In this episode of Enterprise Explores, we dive into this and much more with Datuk Seri Abdul Jalil Hamid, from the Securities Commission Malaysia, and Zainariah Johari, from MyCreative Ventures, as they share the vision behind Batik Lestari, its role in reshaping the batik economy, and how corporate Malaysia can contribute to long-term growth for this cherished art form.

Launched by the Securities Commission Malaysia and MyCreative Ventures, the Batik Lestari initiative aims to empower local artisans, support MSMEs, and elevate Malaysian batik on the global stage.

With over 80 submissions to its national design competition, the program wants to foster cultural authenticity, sustainability, and innovation while positioning batik as both an economic driver and a cultural ambassador ahead of Malaysia’s ASEAN Chairmanship in 2025.

The Batik Lestari Festival is open to the public from 10AM till 5PM on the 5th and 6th of December 2024 at the Securities Commission Malaysia, Bukit Kiara, Kuala Lumpur. The 2-day event will feature a batik exhibition, workshops, film screenings and a curated batik retail market featuring local batik brands.

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24 Questions For An Incredible Review Of Your 202401 Dec 202400:44:21

As we near the end of 2024, it’s time to pause, reflect, and gear up for an even better 2025. Jeevan Sahadevan, Founder of Leverage Labs, joins us on Enterprise Explores to share his 24 questions to review 2024 and get ready for 2025.

Designed for entrepreneurs, leaders, and teams, these questions dive into wins, losses, and lessons from the past year, helping you turn insights into actionable goals for the future.

From how to approach these questions effectively to common pitfalls and best practices, this episode provides the ultimate toolkit for self-reflection and growth.

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Reviving Heritage: Making Culture Cool Again28 Nov 202400:35:41

In an era where the past meets the present, the fusion of heritage and modernity has become a powerful driver for revitalising tourism and boosting local economies. By blending tradition with innovation, destinations can offer unique experiences that resonate with global audiences and across cultures and generations.

Today, we discuss how this fusion fuels economic opportunities, enhances tourism appeal, and shapes the way we connect with heritage in the modern age. Joining us is Zeen Chang, the Co-Founder and Managing Partner of Kwai Chai Hong to explore how the synergy of old and new is pivotal in redefining industries and communities alike.

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Investment Migration: An Insurance Policy for Global Uncertainty?27 Nov 202400:37:04

Millennials and Gen Z are poised to inherit an estimated $84 trillion by 2045, marking the largest intergenerational wealth transfer in history and setting the stage for a shift in global wealth dynamics.

In this episode of Enterprise Explores, we speak with Nirbhay Handa, Co-Founder and CEO of Multipolitan, to unpack insights from their Navigating the Future of Wealth Report 2024. We explore the trends reshaping wealth management today, including the rise of alternative assets, geopolitical uncertainties, investment migration, tax shifts, and the emergence of wealth hubs like Malta and India’s GIFT City.

Key Highlights from the Conversation Include:

- The $84 Trillion Transfer: Millennials and Gen Z are set to inherit unprecedented wealth, reshaping global investment behaviours and preferences.

- Alternative Assets on the Rise: A growing preference for investments like art, whisky casks, and digital assets over traditional asset classes.

- Blockchain & Tokenization: Unlocking accessibility in alternative investments and transforming the wealth management landscape.

- Investment Migration Boom: The $21 billion global market reflects rising demand for alternative residencies as an “insurance policy” against uncertainties.

- Emerging Wealth Hubs: Regions like Malta and India’s GIFT City are positioning themselves as challengers to established financial centres.

- Evolving Tax Strategies: How regulatory scrutiny and shifting tax policies impact capital flight and investment migration.

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Economic Freedom: The Secret to Prosperity and Growth?26 Nov 202400:29:34

How does economic freedom shape prosperity and well-being? In this episode of Enterprise Explores, Dr. Carmelo Ferlito, CEO of the Center for Market Education, unpacks insights from the Fraser Institute’s Economic Freedom of the World 2024 Report.

We explore Malaysia’s ranking, the challenges behind declining global economic freedom, and why sound monetary policies, strong legal systems, and balanced regulations are critical for fostering innovation, reducing poverty, and driving growth.

Here are some highlights from the conversation:

- Malaysia’s Ranking: 29th globally with a score of 7.56, reflecting strengths in sound money and international trade, but room for improvement in legal systems.

- Global Trends: Declining economic freedom worldwide over three years, reversing a decade of progress.

- Critical Drivers: Sound money, strong legal systems, and streamlined regulations are essential for fostering innovation and reducing poverty.

- Future Outlook: Strategies for balancing economic freedom with regulation and stability in a rapidly evolving global economy.

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Snap or Scram? Managing KLCC’s Photo Hustle25 Nov 202400:21:24

Iconic landmarks like KLCC are the crown jewels of Malaysia's tourism industry, drawing visitors from all corners of the globe. Yet, just steps away from the Petronas Twin Towers, photo touts offering snapshot deals have sparked debates about the fine line between informal entrepreneurship and nuisance.

Are these small-scale ventures an opportunity to foster local entrepreneurship, or do they risk damaging the country’s reputation as a world-class tourist destination?

Joining us is Hannah Pearson, founding partner of Pear Anderson, a consultancy focused on tourism and travel in Asia, as we explore the complexities of informal economies in high-traffic tourist hotspots. With her expertise in regional trends, Hannah sheds light on how informal economies impact destinations, the challenges of regulation, and how cities like KL can stay tourist-friendly while supporting local ventures.

Image credit: Shutterstock

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How New Sustainability Reporting Will Impact Your Business24 Nov 202400:36:49

What do the NSRF requirements mean for your company from 2025 onwards? Who does this impact and why should businesses see this as more than compliance, but as a critical part of long-term success?

Starting in 2025, the phased implementation of Malaysia’s National Sustainability Reporting Framework (NSRF) will change sustainability reporting. Companies will need to disclose direct, indirect, and Scope 3 emissions, aligning with global IFRS standards to enhance transparency and comparability.

In this episode of Enterprise Explores, Nik Shahrizal Sulaiman, Sustainability & Climate Change Partner at PwC Malaysia, explores the NSRF’s requirements, its challenges, and the strategic opportunities it presents. We also discuss how the framework can foster a cultural shift in corporate Malaysia, positioning sustainability as a cornerstone of business strategy.

Here are some highlights from the conversation.

- Global Alignment: The NSRF integrates IFRS Sustainability Disclosure Standards, ensuring Malaysia’s reporting aligns with global practices to attract investors and boost market competitiveness.

- Who’s Affected: Phased implementation applies to large listed companies first, expanding to smaller listed and large non-listed entities with group revenues exceeding RM2 billion.

- Transition Reliefs: Initial focus is on climate-related disclosures, with temporary exemptions for Scope 3 emissions and principal business segments to ease compliance.

- Navigating Scope 3 Challenges: Scope 3 emissions reporting across value chains is complex, but companies can start by addressing material risks such as flood and regulatory risks while building internal capabilities.

- Leadership’s Role: Boards and executive teams must integrate climate risks into strategic planning, shifting from compliance to leveraging sustainability as a competitive advantage.

- Cultural Transformation: Treating sustainability as a strategic imperative enables companies to unlock efficiencies, enhance investor confidence, and remain competitive in global supply chains.

- Malaysia’s Advantage: Enhanced transparency can strengthen Malaysia’s position in global markets and attract foreign investors.

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Malaysia-Japan M&A: Exit Avenues for SMEs & MTCs?26 Jan 202500:32:14

Malaysia’s ties with Japan have long shaped its industrial growth, but is new momentum emerging through M&A deals, cross-border investments, and strategic partnerships into Malaysia’s SMEs and MTCs?

From local succession challenges and IPO deadends to industrial reorganisations and the rise of halal products, in this episode of Enterprise Explores, we unpack Malaysia’s evolving role as an attractive destination for Japanese capital with Yusuke Ojima, Head of ASEAN and Malaysia Managing Director at Nihon M&A Center—an advisory firm that bridges Japanese and Malaysian businesses.

We also examine Malaysia’s language advantage, transparent financial systems, and ASEAN market reach, all of which make the country an ideal springboard for regional growth.

Whether you’re tackling succession planning, seeking potential buyers, or exploring expansion across Asia, discover how IPOs vs. M&A trends influence local business exits, why client diversification is vital for long-term stability, and how future shifts in EV and hydrogen technologies could spark new cross-border collaborations.

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Bluesky: A New Marketing Frontier?21 Nov 202400:26:50

As social media shifts from centralised platforms like X (formerly Twitter) to decentralised alternatives like Bluesky, businesses face new challenges and opportunities. In this episode, Anna Loi, co-founder of Goodbite Asia and Good & Honest Co., shares her insights on navigating this fragmented ecosystem, from building trust to rethinking analytics and engagement strategies.

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Are EVs The Way Forward In Malaysia?20 Nov 202400:37:21

The shift to electric vehicles (EVs) is gaining momentum in Malaysia, mainly fueled by the rising fuel costs and environmental awareness. However, global growth is slowing, and local adoption faces challenges like affordability and infrastructure. In this episode, Mark Bennett, APAC Energy Customer Experience Leader at EY, joins us to discuss the key barriers to EV growth and shares his thoughts on the main growth drivers for the next wave of EV adoption in Malaysia.

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Malaysia’s VC/PE Landscape: Wins, Hurdles, and What’s Next19 Nov 202400:34:56

With the Malaysia Venture Forum 2024 approaching, we explore the current state of Malaysia’s venture capital (VC) and private equity (PE) landscape with Ng Sai Kit, Chairman of the Malaysian Venture Capital and Private Equity Association (MVCA).

From the challenges in the exit landscape and the role of GLICs to the impact of the end of the Zero-Interest Rate Policy and Malaysia’s position in the region, Sai Kit sheds light on key issues, opportunities, and hurdles, while outlining potential paths forward for the industry.

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The Ringgit, Inflation, and the Economy: What Lies Ahead?18 Nov 202400:39:43

Will the Ringgit strengthen or weaken? Should we feel optimistic about Malaysia’s economy heading into 2025? And how is Budget 2025 shaping up a month after its announcement?

In this episode of Enterprise Explores, we speak with Caroline Wong, Country Risk Analyst at BMI, part of Fitch Solutions, to break down Malaysia’s GDP performance, Budget 2025, monetary policy, and the outlook for the Ringgit.

We dive into the drivers behind Malaysia’s Q3 GDP growth, the fiscal consolidation measures in Budget 2025, and whether the right balance between growth and sustainability is being achieved. Caroline also shares her thoughts on Bank Negara Malaysia’s OPR stance, inflation trends, and the factors shaping the Ringgit’s resilience amid global trade uncertainties.

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The Negotiation Playbook17 Nov 202400:31:37

Southeast Asia’s dynamic economies and intricate political landscapes pose unique challenges for leaders balancing stakeholder interests amidst resource constraints and global uncertainty. This makes mastering negotiation, fostering collaboration, and leading with diplomacy critical skills for navigating complexity and driving business success. In this episode with Professor Bruno Verdini, Executive Director of the MIT-Harvard Mexico Negotiation Programme at Massachusetts Institute of Technology, we explore practical frameworks and actionable strategies to overcome negotiation blind spots, and discuss the skills leaders need to thrive in politically and economically complex environments.

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What Worries Malaysia? 14 Nov 202400:26:04

What’s on the mind of Malaysians’ as we approach 2025?

Today on the show, we’re diving into Ipsos’ latest report, What Worries Malaysia?, which looks at key insights into the nation’s economic optimism, consumer confidence, and growing concerns. With 7 out of 10 Malaysians believing the country is heading in the right direction, we explore the challenges ahead, including corruption and rising crime concerns. Joining us to break it all down is Kiranjit Singh, Regional APAC Lead at Ipsos Strategy3.

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Why SEA Startups Should Ditch the Silicon Valley Playbook13 Nov 202400:35:58

Southeast Asia’s startup ecosystem is growing, but is the Silicon Valley playbook holding it back? In this episode of Enterprise Explores, I speak with Dr. Sivapalan Vivekarajah, Co-Chair of the Soonicorn Collective and Senior Partner at ScaleUp Malaysia Accelerator, about the pitfalls of adapting Silicon Valley’s approach to Southeast Asia—especially in Malaysia.

We dive into the revenue-driven pressures faced by startups, question whether the $100 million revenue benchmark is realistic for the region, and explore how rethinking valuations could unlock Southeast Asia’s true entrepreneurial potential. Dr. Siva also unpacks why moving beyond the Silicon Valley mindset might be the key to building sustainable, high-margin ventures that thrive in this unique market.

Key areas of discussion include:

- Revenue Pressures: Why the $100 million target is unrealistic for Southeast Asian startups and the structural challenges it highlights.

- Market Size Dynamics: How VC priorities like market size and revenue multiples often overlook the realities of Southeast Asia’s industries.

- Rethinking Valuations and Mindsets: The need for alternative valuation methods that better reflect Southeast Asia’s market potential, with a focus on building profitable, high-margin businesses.

- VC Dynamics: The pressures on venture capitalists to deliver high returns and how that impacts funding strategies in Southeast Asia.

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Navigating Carbon Markets: Strategies for Malaysian Businesses12 Nov 202400:29:07

In this episode of Enterprise Explores, we explore into the evolving landscape of carbon markets and the crucial role of carbon credits in Malaysia's decarbonisation journey. As businesses face increasing pressure to reduce emissions, carbon credits have become a key tool to achieve climate goals, but not without significant challenges. Integrity, cost, and the changing dynamics of both voluntary and compliance markets are reshaping how organisations approach their climate commitments.

We speak with Arina Kok, EY Asia-Pacific Climate Change Advisory Leader and Asean Climate Change and Sustainability Services Co-Leader, to explore how Malaysian businesses can strategically integrate carbon credits, navigate regulatory frameworks, and leverage co-benefits to enhance their brand value.

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The Anatomy of Effective Campaign Strategies11 Nov 202400:34:03

The recent shortfalls of Kamala Harris’ presidential campaign had highlighted how missteps in communications and strategic alignment can impact even the most high-profile initiatives, showing how essential clear communication, and a deep understanding of audience needs are to any initiative’s success.

In today’s business environment, the lines between internal alignment and external success is blurred, making it critical for public-facing and internal campaigns to build trust and cohesion within the organisation first.

Cilia Rasasegram, Chief Experience Officer at Kindler Employee Experience Project, joins us to break down what makes or breaks a campaign. Together, we also explore the parallels between impactful campaign strategies and strong organizational culture, uncovering lessons that can resonate from the boardroom to the brand message.

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FashionValet Fallout: Are GLICs Fit For Startup Investing?10 Nov 202400:38:52

Early-stage investing is inherently risky, with failure a natural part of the process, so was the public’s reaction to the Fashion Valet saga—a RM44 million loss for Khazanah and PNB — justified, or an overreaction? And what role should GLICs and other large institutions play in the venture capital and startup ecosystem? In this episode of Enterprise Explores, we unpack key lessons to learn from the Fashion Valet saga with Kevin Brockland, Managing Partner at Indelible Ventures.

We dive into the challenges, complexities, and strategic considerations for public funds in high-risk startup investing. Kevin also shares insights on the specialised skills needed for early-stage investing, the importance of transparency, and how processes like releasing investment memos and committee minutes may help restore public trust.

We also explore how Malaysia’s GLICs could more effectively support the startup ecosystem by leveraging private sector expertise and adopting successful fund-of-funds models through initiatives like Jelawang Capital.

Key insights from the interview include:

- Understanding Startup Risk: Why the high failure rate in early-stage investing demands specialised knowledge.

- Differentiating Failure Types: The importance of distinguishing between “failure of outcome” (expected risks in startups) and “failure of process” (investment missteps).

- Strategic Investment Approaches for GLICs: Why public institutions may be better suited to supporting startups via grants or fund-of-funds models rather than direct investments.

- GLICs’ Role in Innovation: How Malaysia’s GLICs can enhance innovation by partnering with private sector experts and specialised fund managers.

- Advantages of the Fund-of-Funds Model: How Fund-of-Funds Model, like Khazanah’s Jelawang Capital, can strengthen the startup ecosystem by drawing on private expertise.

- Setting Public Expectations: Communicating the realities of high-risk investments to the public, especially regarding the inherent risks of loss-making and reinvestment for growth.

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Services: Malaysia's Escape from the Middle-Income Trap?23 Jan 202500:37:04

In this episode of Enterprise Explores, we delve into the power of services in driving economic development, with Alessandro Barattieri, Senior Economist with the Office of the Chief Economist for East Asia and Pacific at the World Bank, to discuss the key findings of their "Services Unbound" report.

Discover how digital technologies and policy reforms are reshaping economies in East Asia and the Pacific, and how Malaysia can leverage its services sector to escape the middle-income trap. We explore the critical role of digital adoption, education reforms, and policy liberalisation in unlocking growth, emphasising the need for a skilled workforce and balanced approach to regulation.

Tune in to understand the importance of investing in human capital, promoting gender inclusivity, and fostering international cooperation to harness the full potential of services in the digital age.

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Malaysia’s Esports Future: Budget Boost or Missed Opportunity?07 Nov 202400:32:55

A total of RM20 million has been allocated for the development of the e-sports ecosystem under the Budget 2025 and RM10 million from that total amount will be used for constructing a new e-sports stadium. But, is this a step in the right direction for Malaysia's e-sports industry?

In today's episode of Enterprise Explores, we explore how the proposed initiatives in the Budget 2025 support and promote the growth of Malaysia's e-sports industry, what else is the allocated funds going to be used for and whether it addresses the current gaps in the industry at ground-level like talent finding, sponsorships and mentorships, training programs and much more.

We speak with Mohd Syazwan bin Mohd Hanafie, Sports Manager at National Sports Council of Malaysia & Tiffani Lim, Athletes Committee Chairperson at International E-sports Federation (IESF) and also Malaysia's women's e-sports team manager.


Image Credits: Shutterstock

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The Hidden Cost of Non-Tariff Measures for Malaysia’s SMEs06 Nov 202400:39:44

SMEs are vital to Malaysia’s economy, but breaking into international markets remains challenging due to complex trade regulations and non-tariff measures (NTMs). These barriers, from health standards to labelling requirements, hit smaller firms hardest, limiting their ability to scale beyond borders. In this episode of Enterprise Explores, we dive into the impact of NTMs on Malaysian SMEs, especially in sectors like food manufacturing, and discuss potential solutions for easing these restrictions.

Joining us is Professor Evelyn Devadason from the Faculty of Business and Economics at University Malaya, and a Senior Fellow at the Institute for Democracy and Economic Affairs (IDEAS). We’ll discuss policy reforms and the importance of harmonising trade regulations in the region, but also dive into why we should focus on supporting mid-sized companies and high-potential industries to go international, instead of SMEs.

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Why KL City Planning Must Evolve Beyond Economic Metrics05 Nov 202400:42:10

Between climate change and aging populations, what does it take for a city to thrive and survive in our changing world? In this episode of Enterprise Explores, we dive into Kuala Lumpur’s position on the global stage, guided by insights from Arup’s latest Redefining City Competitiveness report.

This report, released by the global design and consultancy firm Arup, introduces a new framework for evaluating cities based on resilience, governance, liveability, and loveability—expanding beyond traditional economic metrics.

Kuala Lumpur, identified as an “aspiring” global city, shines in areas like green infrastructure and urban management but faces challenges in inclusivity and mobility. Joining us to discuss the factors driving Kuala Lumpur’s growth and its global competitiveness is Murali Ram, Malaysia Lead for Cities & Advisory at Arup. Together, we explore what KL can learn from other cities as it continues its climb.

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Data Centre Debate: Economic Multiplier or National Burden? 04 Nov 202400:29:41

In this episode, we dive into the rapid growth of Malaysia’s digital economy, fueled by massive investments in AI, cloud storage and data centres. With tech giants like Google ($2B), Oracle ($6.5B), Microsoft, Nvidia, and ByteDance pouring billions into the region, Malaysia is becoming a hub for cloud services and AI development.

Join us in our conversation with Professor Dr Ong Kian Ming, Pro Vice Chancellor for External Engagement at Taylor's University as we explore the far-reaching implications of these investments on Malaysia’s economy, from job creation and tech talent development to the future of local businesses and innovation. Tune in for an in-depth discussion on how Malaysia is positioning itself as a key player in the global digital landscape.

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