Enterprise Explores

Malaysia's esports scene has seen rapid growth in recent years, with various initiatives and collaborations aimed at promoting the industry and creating opportunities for aspiring esports athletes and game developers. We’ll be looking at different efforts being made in the country to cultivate talent, promote education within the esports realm, and unlock potential career prospects. Helping us thr...

Joint Ventures are becoming more common for Malaysian businesses. Whilst Joint Venture allows businesses to expand into new markets, a lack of resources or knowledge about the legal implications might be detrimental if a dispute arises between companies. We speak to Managing Partner Dato Sri Arnold Andrew and Legal Associate Low Henn Kai of Arnold Andrew & Co Advocates & Solicitors to unde...

The Attention Economy has become a critical aspect for advertisers competing for consumers' limited attention spans in the digital world. Amidst a mix of high-quality and manipulative content, what can consumers do to ensure that they are not constantly distracted whilst online? And how can advertisers navigate the double-edged sword of the Attention Economy, and foster healthy engagement with dig...

Employees want to relocate. More than 90% to be exact. With talent shortages, more than 90% of companies want to tap into the international talent pool for recruitment. But this comes with challenges when it comes to implementing measures to ensure global mobility sustainability, because according to ECA International’s Global Mobility Now Survey, it showed that only 3% of respondents believe that...

The COVID-19 pandemic forced organisations to adopt remote working and today the hybrid working environment is still commonplace for many organizations, however this change has created significant work from home cybersecurity risks. With an average of 84 million cyber-attacks in Malaysia every day throughout the final quarter of last year according to Fortinet, it becomes quite clear why organizat...

The COVID-19 pandemic forced organisations to adopt remote working and today the hybrid working environment is still commonplace for many organizations, however this change has created significant work from home cybersecurity risks. With an average of 84 million cyber-attacks in Malaysia every day throughout the final quarter of last year according to Fortinet, it becomes quite clear why organizat...

Malaysia’s youth unemployment rate is 10%. And according to our Economy Minster Mohd Rafizi Ramli, this is due to a skilled talent mismatch between what local training institutions are producing and the actual skills that the market demands. What is happening on the ground with our youths and students? And what can be done to boost employment among our youths? We speak to Camelia Loh, Founder of K...

World Press Freedom Day has been celebrated for 30 years now, always trying to shine a spotlight on the importance of a free press, which has come under increasing pressure following challenges from multiple angles. While the political challenges get more attention, one of the biggest challenges facing news media is how the internet has changed the business model behind journalism, making it more...

Workplace bullying is an unfortunate reality that many employees face around the world, and Malaysia is no exception. With the recent attention brought to two cases of workplace harassment, it has become evident that bullying in the workplace is a pressing issue that deserves our attention. Today, we’ll be discussing the impact of workplace bullying on employees, its prevalence in Malaysia, and po...

Three days ago, Standard Chartered Global Research reported that Malaysia had the quickest tourism recovery among regional peers last year. Malaysia recovered more than 90% of tourist arrivals compared to 2019 levels, and this is driven by visitors from Singapore. Despite having a positive recovery, it is found that the number of tourists visiting Malaysia is still falling behind our neighbouring...

The era of easy money looks to be over and with it the funding winter has arrived, impacting the private equity landscape, including venture capital. With this in mind, it’s understandable why we’re hearing that some startups are finding it relatively more difficult to raise funds. And this has come despite the fact that there’s plenty of investable funds. Bain’s Asia-Pacific Private Equity Report...

Luno, a global cryptocurrency company, has been operating in the Southeast Asian region since 2016, with a strong presence in both Malaysia and Singapore. Offering a user-friendly platform for cryptocurrency trading, Luno has garnered a loyal customer base in both countries, playing a key role in the region's fintech industry. However, the recent announcement of Luno's decision to cease operations...

A workplace without trust, is when you are working with people who are unreliable, uncommunicative and inconsistent in their work and moods. That’s why building trust at work is vital for any ogranisational success. So how should companies and organisations build trust at work? What can be done and what shouldn’t be done? How do we draw the line between professional and personal life when building...

A survey by Bank Negara notes that 19% of local SMEs have struggled to access funding from traditional financial institutions. However, with the recent boom in fintech, businesses can now lean on other forms of financing, such as peer-to-peer (P2P) lending. The Securities Commision of Malaysia notes that between 2020 and 2021, P2P markets continued to grow, seeing a 122% increase in total fundrais...

While taxation for employed individuals is relatively straightforward, that can’t be said for those who are self-employed, in the gig economy, or running a sole prop or SME, who don’t have EA forms and have various income streams to declare. So today on BizBytes, we attempt to help demystify the wide and complicated world of taxation for self-employed folks, MSMEs, and SMEs. We explore how taxatio...

Recently, a Malaysian game development company was acquired by a Swedish studio called The Gang. Founded in 2008, Common Extract is best known for developing the popular Ejen Ali games, particularly Ejen Ali: Agents' Arena, which is one of Malaysia's first multiplayer online battle arena (MOBA) games. The Gang, on the other hand, was established in 2019 and has been building games in the metaverse...

Financial literacy continues to be a concern here in Malaysia as highlighted by insights from the Malaysia National Strategy for Financial Literacy 2019 – 2023, conducted by Financial Education Network (FEN), that indicated gaps such as: only 43% of Malaysians understand that the growth of money is compounded over time, with 22% believe that money grows on linear basis; and 92% of Malaysians are m...

“Everyone wants to exit, but not everyone can.” Over the last decade, we’ve seen startup valuations go off the charts thanks to low interest rates among other things. Now many of the huge, storied startups that have gone public over the last few years have seen their valuations slashed. Today we explore what goes into a company's valuation, how IPOs change the way startups are judged, the role Pri...

As many people return to the office after working remotely, we'll discuss the surprising psychological benefits of commuting that have emerged from recent studies . We’ll be hearing from Dr Rosli Khan, Director of MDS Traffic Planners and Consultants - about the idea of liminal spaces when commuting—and how commuting may actually have some hidden benefits . Photo Credits: Freepik See omnystudio.co...

We regularly feature a lot of entrepreneurs on BFM. They provide a crucial role in nation-building and in fact become huge players on a global scale from AirAsia to Grab which have become global names thanks to the likes of Tan Hooi Ling, Anthony Tan and Tan Sri Tony Fernandes. However, there are many challenges and there is no overnight success. This takes grit, persistence and of course, money a...

It’s no secret that women are paid less than men despite sharing the same employment position or work experience. According to a news report by STAR , the median monthly income for women in Malaysia was about RM2,150 in 2021, compared to about RM2,300 in 2021 for men. (about a RM150 difference) Combating the gender pay gap requires the collaboration of multiple segments, but whose responsibility i...

Do you know how big the Malaysian cosmetic industry is? Its total revenue was US$2.68 billion in 2022, according to Statista. And the demand is also increasing because of the influence of advertising and social media influencers. But how are small businesses competing in this space? Where do they fit with players such as Maybelline, Estee Lauder, and Silkygirl in the industry? And how well do you...

With the rapid growth of technology and how curious humans are to integrate it with every little thing we come in contact with, we have witnessed some amazing inventions and powerful technology so far. And that's including the robot that brings food to your table at the mamak shops. More importantly, tech has been integrated into key areas such as financial services, education, and healthcare, mak...

We delve into the recent hacking of the Malaysian Immigration Department's website and discuss the broader context of cybersecurity in Malaysia. We also explore the nation's previous data breaches, the government's ongoing efforts to improve digital security, and share expert insights from former white hat hacker CF Fong. Learn about the importance of cyber hygiene and how to protect yourself in t...

Prime Minister Datuk Seri Anwar Ibrahim visited China last week with 19 MOUs signed to boost investments in green tech, digital economy and modern agriculture. Our Prime Minister also mentioned that several Chinese leading companies will make Malaysia their regional hub. But what about SMEs in Malaysia who are thinking to expand their business to China? If you’ve been thinking about this, we are b...