PODCAST

Enterprise Explores

BFM Media

Helping you navigate the ever-changing universe of business, from headlines to the bottom line

news business news

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29:39

Game Over: The Impact of Layoffs on Tech and Gaming

Enterprise Explores ·

2024/06/20

The topic of layoffs, particularly in the tech and gaming industry, has been a concern over the last couple of years and by the looks of it, 2024 is shaping up to be even worse than 2023. In fact, reports suggest that the gaming industry saw at least 8,100 people laid off in just the first two months of 2024.Some of the notable companies that went through layoffs include:(25th JAN) IGN and The Verge first reported that Microsoft was laying off 1,900 people across its various gaming businesses,

en-US

39:00

How Science and Experiments Can Improve Business...

Enterprise Explores ·

2024/06/19

Testing business models, product designs, and strategies are part and parcel of building and doing business, and in recent decades, behavioural and social science has become more commonplace in business, particularly in branding and marketing. Today on Enterprise Explores, we’re going to expand upon this and dive into the role that experiments and the scientific method can play in making better data-driven decisions and evidence-based policy, applicable to policymakers, but also business decision

en-US

32:36

The End of the ‘OPEC Put’ And Signals of OPEC+...

Enterprise Explores ·

2024/06/18

Enterprise Explores OPEC+ and its new strategy, which includes extending production cuts and publishing an 18-month output schedule for key members. Despite efforts to stabilize the market, oil prices continue to slip, reflecting complex market dynamics and potential internal tensions within the group.Formed in 2016, OPEC+ is a group of oil producing nations consisting of members of The Organization of the Petroleum Exporting Countries (OPEC) as well as other Non-OPEC oil-producing nations such as

en-US

42:03

What Does The Future Hold For Malaysia’s Green Economy?

Enterprise Explores ·

2024/06/17

Enterprise Explores the evolving nature of the green economy with insights from this year’s Southeast Asia Green Economy 2024 report published by Bain & Company, GenZero, Temasek, and Standard Chartered.As Southeast Asia stands on the verge of a green transformation, this Bain & Company's Report offers critical insights into the region's progress and future potential in sustainable development. Released in mid-April, the report provides an in-depth analysis of the key drivers, challenges,

en-US

41:32

AI Reshapes Work - How?

Enterprise Explores ·

2024/06/13

In today’s work environment, the integration of technology is reshaping traditional job roles and organisational structures. The rise of hybrid work models, increased focus on employee well-being, and the ever-growing emphasis on diversity and inclusion are just a few of the trends influencing the modern workplace.As businesses strive to adapt to these changes, there is a palpable shift towards leveraging advanced technologies to enhance productivity and foster innovation. One of the most

en-US

44:06

Scam Spotting and Avoiding: Tips and Trends From a...

Enterprise Explores ·

2024/06/11

33,000 Malaysians lost RM1.3 billion lost to scams last year, and that’s only the number that was reported. With estimated that only 48% of cases are reported, Malaysians could have lost around RM2.6 billion last year (if we extrapolate).Scams are back in the news following news last week that a senior citizen lost over RM4 million to an investment scam. We also saw two of national badminton stars share their own experiences of falling victim to investment scams, losing millions of their hard-earned

en-US

47:21

How to Keep the Family (Business) Together Across...

Enterprise Explores ·

2024/06/10

Enterprise Explores delves into the intricacies of family business legacies, the strategies to keep the family business together, and navigating key challenges such as different leadership styles, holding onto traditions too tightly, and much more. We speak with Tai Lai Kok, Family Business Tax Leader at KPMG Private Enterprise in Malaysia, about all this as well as the findings from the recent KPMG survey on family businesses.We will discuss the key components of legacy building, the importance of

en-US

38:26

How SIDC is Addressing Malaysia’s Sustainable and...

Enterprise Explores ·

2024/06/09

As Malaysia advances its sustainability goals, focusing on integrating environmental, social, and economic considerations, sustainable investments have become increasingly important. The country's progress in sustainable and responsible investment (SRI) is evident, with 68 SRI funds totaling RM7.7 billion by the end of 2023, according to the Securities Commission Malaysia's Annual Report, supported by strong policy frameworks and growing investor interest.However, to meet the rising standards and

en-US

38:34

Pay A “Facilitation Fee” or Risk Loss of Business?

Enterprise Explores ·

2024/06/06

We address the critical issue of corruption impacting small and medium-sized enterprises (SMEs) in Malaysia. A recent Association of Chartered Certified Accountants (ACCA) report reveals that 63% of SMEs fear rejecting bribery could lead to business loss. This highlights the significant challenges in maintaining ethical standards while competing in the market.We explore the types of corruption SMEs encounter, such as bribery and favouritism, and the legal and economic repercussions of engaging in

en-US

26:38

Revitalising KL: Think City’s Vision for Downtown

Enterprise Explores ·

2024/06/04

We dive into an initiative aimed at transforming downtown Kuala Lumpur into a vibrant creative and cultural district. This ambitious project, spearheaded by Think City, promises to rejuvenate the heart of our capital city, creating new opportunities for businesses, enhancing cultural engagement, and boosting economic growth.We unravel the intricacies of this transformation with Hamdan Abdul Majeed, the Managing Director of Think City.See omnystudio.com/listener for privacy information.

en-US

31:31

Decoding Global Talent 2024: Malaysian Workers’...

Enterprise Explores ·

2024/06/03

We explore the latest findings on global talent mobility with insights from the new report, ‘Decoding Global Talent 2024 – Dream Destinations and Mobility Trends,’ by BCG, The Network, and The Stepstone Group. The report reveals which countries Malaysians prefer to relocate to for work, the reasons behind their willingness to move, and how Malaysia ranks as a destination for global talent. Discover why Australia tops the list for Malaysians, the economic and career motivations driving their

en-US

47:00

Taxpayers v LHDN: Navigating Grey Areas and Tax Disputes

Enterprise Explores ·

2024/05/30

'Nothing is certain except death and taxes', and while paying taxes may be a certainty, how much can be a very different story as we’ve seen just this week with the Court of Appeal ordering LHDN to refund a Penang-based manufacturer RM286 million for additional taxes and penalties imposed back in 2008. There are a variety of issues to unpack here, but today we dive into navigating tax disputes in Malaysia with Renganathan Kannan, Executive Director at tax advisory firm Tratax.Ideally a tax system

en-US

32:49

Empowering Creativity With AI

Enterprise Explores ·

2024/05/26

Pixlr is at the forefront of AI-driven creative tools, recently featured at Google I/O 2024 as the ultimate AI editing tool for Chromebook users. In collaboration with Malaysia’s Ministry of Education, Pixlr is providing a free AI course worth RM1,000,000 to 500 teachers, revolutionising educational practices with AI.Today, we speak with Warren Leow, CEO at Pixlr Group to discuss their latest initiatives, the impact of being featured at Google I/O, and how AI is transforming both creative industries

en-US

34:40

Consumer Power: You Hold the Key to Energy's Future

Enterprise Explores ·

2024/05/22

Sustainability and a clean energy future are topics that consumers are more interested in today than ever before. However, the majority are not willing to commit more resources to be more sustainable in their energy usage, according to the EY Energy Transition Consumer Insights Report 2024.The EY survey covered 100,000 residential energy consumers in 21 markets around the world over three years, with close to 6,900 respondents across Malaysia, Indonesia and Singapore.It reveals that consumer

en-US

32:32

Cyberattacks on Businesses: Only 35% Successfully...

Enterprise Explores ·

2024/05/20

AI in business cybersecurity is a never ending arms race, digitalisation is outpacing cybersecurity capabilities and capacities, and even when businesses have incident response plans, most employees don't know what it is. All this and much more as Enterprise Explores why data readiness and cyber resiliency matters for your business.As AI solutions and cloud adoption accelerates as data grows at an unprecedented rate, Enterprise Explores the state of Data Readiness and Cyber Resiliency in ASEAN and

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41:28

The Politics of European Agriculture and EU Trade...

Enterprise Explores ·

2024/05/16

“I think we’re getting past the luxury of just being against things”, Penta's Rory O'Donnell on global food security.Farmers' protests in Europe are reshaping the political landscape as the European Parliament elections approach, with the protest highlighting a frustration among European farmers as they navigate tougher competition, rising production costs, and concerns over the environmental impacts of initiatives like the Green Deal strategy.With that in mind, today we delve into the intricate

en-US

44:19

New OSHA Rules: What All Workplaces Need to Know ASAP

Enterprise Explores ·

2024/05/15

RM500,000 penalties, Director and Management liability, and assessing Work-From-Home risks that employers could be responsible for.If you haven’t heard about the incoming changes for Occupational Health and Safety in Malaysia, it’s time to push the panic button because ignorance is not a defence from the potential penalties of up to RM500,000. Learn about the implications, consequences, and what workplaces need to do ASAP in this edition of Enterprise Explores.We speak with Shannon Rajan and

en-US

42:32

EPF on Akaun Fleksibel, Restructuring Strategy, and...

Enterprise Explores ·

2024/05/14

Why did EPF restructure its member’s accounts? Can we do recurring transfers from the Flexible Account to the other 2? Why can’t we opt out of the Flexible Account? We get into these and much more in this edition of Enterprise Explores with EPF’s Balqais Yusoff.Over the weekend, EPF’s new structure took effect bringing into play a new 3rd account known as Akaun Fleksibel. Enterprise Explores the strategy and rationale behind this move, what we should know about these new changes, and how to navigate

en-US

31:43

The Rise of On The Rise

Enterprise Explores ·

2024/05/13

In Malaysia, women entrepreneurs are carving a significant niche, accounting for around 20% of the more than 650,000 entrepreneurs in the small and medium enterprise (SME) sector. Despite their increasing influence on the economic landscape, these women often encounter distinct challenges, especially in accessing crucial funding and financial resources. This gap highlights the urgent need for targeted initiatives that support and empower female business leaders.To address these obstacles, the

en-US

44:32

Unlocking Illiquid Shares in Private Companies

Enterprise Explores ·

2024/05/12

In a world where companies are staying private for longer, today Enterprise Explores the potential of Share Liquidity Programs and Tokenization to unlock illiquid shares in private companies with Kelvin Lee, CEO of Alta - a Singapore-based marketplace for alternative assets. Alta recently facilitated the inaugural trade of the first tranche of shares as part of their Income Insurance Share Liquidity Program. The program was established in January by Alta and Phillip Securities to provide a

en-US

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