Enterprise Explores BFM Media

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 corrupt practices. We also discuss the role of industry associations and government in supporting SMEs, the effectiveness of anti-corruption laws, and the psychological impacts on SME owners and employees.
Joining us are Lim Koon Huan, Partner at Skrine, and Sujatha Sekhar Naik, Chairman of the Malaysian Institute of Corporate Governance, to share insights and strategies to help SMEs uphold integrity in the face of corruption.
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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. 
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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 decisions, and the challenges they face in relocating. The discussion also covers what local employers can do to retain talent and attract global professionals to Malaysia. We dive into all these with Sagar Goel, the Managing Director and Partner at Boston Consulting Group.
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'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 should provide some degree of tax certainty to taxpayers so that they’re better able to plan, however we're witnessing an increasing number of disputes between businesses and the Inland Revenue Board (LHDN).

Renganathan will help us unpack these issues and provide insights into achieving greater tax certainty, as well as provide taxpayers some guidance on how to better address all this, including the key obligations that businesses must manage, navigating the grey areas proactively, the appeals and dispute process, and tax certainty strategies and best practices.
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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 and education.
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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 behaviour is pivotal to the success of the energy transition, with 70% of its success hinging on how consumers act. Despite this, only 30% of consumers believe they can do more, highlighting a significant gap between interest and action.

This year’s report highlights the three "As" of energy: Access, appeal, and affordability as central pillars of energy experience.

In this episode, Enterprise Explores the report’s key findings to further understand the significant gap between consumer interest and action and what strategies can energy providers implement to bridge this gap.

We speak with Mark Bennett, the Asia-Pacific Energy & Resources Customer Experience Transformation Leader at EY, on why addressing consumer apathy is essential for advancing the energy transition.
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