The Breakfast Grille

The Breakfast Grille - Sep 17, 2026

See omnystudio.com/listener for privacy information.

The Breakfast Grille - Sep 15, 2026

See omnystudio.com/listener for privacy information.

Despite mattresses being an infrequent, high-durability purchase, how are heritage bedding brands navigating aggressive price competition and changing consumer habits across Southeast Asia? Justin Lim Tiong Kiong, Managing Director for Southeast Asia at Hilding Anders, joins The Breakfast Grille to discuss how the Swedish-headquartered group is driving growth behind legacy brands like Slumberland and Vono.

He details the region's operational performance following post-pandemic headwinds and outlines how the company balances direct-to-consumer e-commerce with its traditional dealer network. He also explores tailwinds in the five-star hospitality sector, the rise of health-focused sleep awareness, and why category premiumisation remains central to their long-term regional strategy.

See omnystudio.com/listener for privacy information.

With record profits driven by strong CPO prices and surging industrial development returns, how is SD Guthrie balancing its legacy plantation core with the race for high-value land monetisation? Mohd Haris Mohd Arshad, President and Group Chief Executive Officer of SD Guthrie, joins The Breakfast Grille to discuss the strategic evolution of the 200-year-old palm oil giant.

Haris outlines efforts to break through stagnant national yields through high-performing seed varieties, labor estate rehabilitation, and mechanisation. He also addresses the structural limits of land expansion, the ideal "sweet spot" for CPO pricing to prevent global demand destruction, and how the company plans to monetise strategic land banks for business parks and data centers without losing its plantation identity.

See omnystudio.com/listener for privacy information.

The Breakfast Grille - Sep 10, 2026

See omnystudio.com/listener for privacy information.

Malaysia is now one of the world's four biggest net exporters of AI hardware, and Jabil is one of the companies that put it there. But while the group poured half a billion US dollars into North Carolina and signed a multi-gigawatt AI platform in India this year, Malaysia's headline was a leased logistics hub in Sungai Jawi. We ask whether 14,000 people, silicon photonics and a Perlis plant are buying Malaysia a bigger seat at the table — or just more floor space. We speak to Tan Siew Jin, Managing Director of Jabil Malaysia.

See omnystudio.com/listener for privacy information.

Everyone's watching Johor. But 4,500 acres of free industrial zone is quietly going up 800 metres from the Thai border at Bukit Kayu Hitam. This is the gateway that moved over RM50 billion in goods in 2024. Phase one is already more than 90% taken up, and after seven years of waiting, the road linking Malaysia's side to Thailand's new CIQ complex finally opened this July. We speak to Razwin Sulairee Hasnan Termizi, Group CEO of Northern Gateway Sdn Bhd, about whether Delapan becomes the bigger story in the north.

See omnystudio.com/listener for privacy information.

After three decades in Malaysia’s satellite industry, MEASAT is navigating a market transformed by Starlink, streaming and rapidly changing connectivity needs. COO Yau Chyong Lim discusses the economics of billion-ringgit satellite investments, the push into managed services, AI, IoT and telehealth, and why Malaysia still needs sovereign satellite capability. Can MEASAT move beyond its traditional satellite business and build a meaningful regional SpaceTech platform?

See omnystudio.com/listener for privacy information.

Following its $26 million Series C round and hitting net profitability, how is insurtech PolicyStreet planning its next phase of expansion? Lee Yen Ming, Co-founder and Group CEO of PolicyStreet, joins BFM’s Breakfast Grille to discuss how the firm built a business model alongside legacy insurers, pivoting from its direct-to-consumer roots into embedded B2B2C distribution and offshore Labuan reinsurance co-underwriting.

Yen Ming breaks down the economics of their higher-margin reinsurance strategy, their renewed push into consumer brand building, and how they deploy AI automation in operational workflows. He also addresses the long-term potential of Bank Negara’s Digital Insurer and Takaful Operator (DITO) framework, and considerations for an eventual liquidity event for investors.

See omnystudio.com/listener for privacy information.

GDP figures across AI-focused Asian hubs look strong, but they mask a broader economic weakness as weak domestic demand, escalating energy costs, new US tariffs, and high interest rates weigh on the non-AI economy. Stefan Angrick, Head of Asia-Pacific Economics at Moody’s Analytics, joins BFM’s Breakfast Grille to break down the depth of the two-speed economy in manufacturing hubs like Malaysia and why he believes Asia’s AI boom is ripe for a pause.

Stefan also explores why tariffs are here to stay and whether central bank policies themselves risk amplifying global supply shocks.

See omnystudio.com/listener for privacy information.

GTA Holdings is heading for the ACE Market, servicing helicopter and aircraft engines out of Subang — with about 95% of that work tied to the military. But the prospectus raises questions: RM46mil in dividends paid out just before asking the public to fund a RM37.5mil building, cash dropping from RM107mil to RM23mil in eight months, and consultancy and software contracts awarded to a company owned by the CEO's two daughters. We also get into the four-month deadline to vacate Subang, the Safran certification the business depends on, and why a major shareholder is selling down half the offer-for-sale. We speak to Dato' Nonee Ashirin binti Dato' Mohd Radzi, Managing Director and CEO of GTA Holdings Berhad.

See omnystudio.com/listener for privacy information.

The colonial heritage of modern Malaysia is a complex one, in large part because the three major territories that now make up the country had distinct histories and came under the sway of different powers over the millennia. Over the last century of the half though the landscape is marked by the North Borneo Chartered Company in Sabah, the White Rajahs of Sarawak as well as Malaya’s mix of Straits Settlements, Federated and Unfederated States. While the experience of colonialism wasn’t singular, we can nevertheless think about it and draw lessons from it that’s productive for a discussion of our future.

Image Credit: Shutterstock

See omnystudio.com/listener for privacy information.

Malaysia's durian industry has gone from struggling to meet demand to dealing with a glut but at the very heart of it, it is very much a part of Malaysia. Datuk Anna Teo, founder and Group CEO of Hernan Corporation, a durian grower, processor and exporter, discusses falling prices, rising costs, and whether Malaysia can build a truly world-class durian industry.

See omnystudio.com/listener for privacy information.

Pos Malaysia hasn't turned a profit since 2018 — 32 straight quarters in the red and close to a billion ringgit in accumulated losses. But the first half of 2026 hinted at a shift: losses narrowed to RM63 million, revenue grew 8%, and cash flow turned positive for the first time in years. Group CEO Charles Brewer joins us to explain the pivot from mail to parcels, the push into pawnbroking and digital gold, and whether the national postal operator is genuinely turning the corner — or just had a good six months.

See omnystudio.com/listener for privacy information.

Malaysia's development financial institutions are carrying RM193.9 billion in financing across 1.8 million accounts — and until now, nobody has formally measured whether that money actually did anything. Bank Negara's new framework changes that, testing DFIs on whether their financing would have happened anyway without them. We put the hard numbers to the man who chairs them: impaired loans running double digits at some members, the payroll-deduction personal loan books, and the RM203.8 million fraud at Agrobank that still hasn't been explained to the public. We speak to YBhg Dato' Muzaffar Hisham, Chairman of ADFIM and Group CEO of Bank Pembangunan Malaysia.

See omnystudio.com/listener for privacy information.

As Malaysia rapidly approaches aged-nation status, managing long-term care, rising healthcare costs, and a shrinking workforce are becoming critical economic and social priorities. Hiroyuki Murata, Professor at Tohoku University's Smart Aging Research Center, joins BFM's Breakfast Grille to discuss how societies can shift from treating demographic aging as a fiscal crisis to leveraging it as a growth driver.

He explores key insights on navigating the silver economy, including:

How government framework policy catalysed a competitive, private-sector long-term care industry in Japan

What businesses consistently misunderstand about modern active seniors and their evolving lifestyle demands

Why defining "elderly" requires a fundamental mindset shift away from traditional retirement toward continuous societal engagement

What immediate policy and health priorities Malaysia must establish to prepare for rapid demographic aging

Prof. Hiroyuki will be speaking at the upcoming International Social Wellbeing Conference (ISWC), organized by the Employees Provident Fund (EPF). Happening on 29–30 September, ISWC 2026 brings together global thought leaders to explore the future of societal wellbeing, sustainability, and inclusive growth.

Image Credit: Pexels

See omnystudio.com/listener for privacy information.

Skechers has grown from a US comfort footwear brand into a global business, with Southeast Asia playing an increasingly important role in its growth story. Zann Lee, Managing Director of Skechers Southeast Asia, talks about the company's expansion, competition and how to deal with boycott calls it faced in Malaysia over its perceived links to Israel.

See omnystudio.com/listener for privacy information.

Malaysia’s trade with Latin America and the Caribbean remains relatively modest, but shifting global supply chains and stronger diplomatic ties are opening new opportunities for businesses on both sides. The Latin American and Caribbean Chamber of Commerce has set an ambitious goal of doubling bilateral trade within five years. What is holding companies back today, which sectors offer the greatest potential, and can growing political engagement be translated into meaningful investment and commercial deals?

See omnystudio.com/listener for privacy information.

Four years after Liberty's merger with AmGeneral, the integration story is largely complete. But the next challenge is bigger than combining two businesses. Puneet Pasricha, CEO of Liberty General Insurance, discusses the evolving risks facing the industry, how tech and AI are reshaping insurance, and why building customer trust remains fundamental.

See omnystudio.com/listener for privacy information.

The split within Bersatu and the emergence of Parti Wawasan Negara have reshaped the opposition, raising questions about how the two parties will navigate their relationship within Perikatan Nasional. On the Breakfast Grille, Sharaad Kuttan speaks with Dr Afif Bahardin, Supreme Leadership Council Member of Bersatu, and Tun Fiqa Mohammad, Wawasan High Council member, about the reasons behind the split, the future direction of both parties, and whether they can find common ground as part of the wider opposition.

See omnystudio.com/listener for privacy information.

Dassault Systèmes built its global business on 3D design and virtual twins, but its ambitions now extend from manufacturing and mobility into healthcare, cloud software and industrial AI. That expansion comes as Asian businesses contend with tighter technology budgets, shifting supply chains and pressure to demonstrate tangible returns from digital investment. As industries accelerate their adoption of simulation and AI, can Dassault Systèmes position itself at the heart of Asia’s next wave of industrial transformation?

Image Credit: Shutterstock

See omnystudio.com/listener for privacy information.

Home ownership remains a major aspiration for Malaysians, but affordability pressures, unsold properties and weaker transactions continue to expose the disconnect between what buyers want and what the market provides. PropertyGuru Malaysia sits at the centre of that market, connecting buyers, sellers and agents while wielding significant influence over how properties are discovered and marketed online. We speak with Managing Director Vic Sithasanan about Malaysia’s housing market, agent pricing, listing integrity and the responsibilities that come with PropertyGuru’s dominant position.

See omnystudio.com/listener for privacy information.

The artificial intelligence revolution is underway, but how prepared are governments and businesses to navigate the changes this technology will bring over the next decade? We attempt to untangle some of the threads of policy discourse in Europe and Asia, as well as what this means for business strategy with Conall McDevitt, President of the Penta Group, an international strategy and communications firm.

Image Credit: Shutterstock

See omnystudio.com/listener for privacy information.

Businesses across Southeast Asia are under pressure to modernise their technology while keeping costs under control and managing growing expectations around artificial intelligence. For Workday, that creates opportunities to expand its cloud-based HR and finance platforms, but also challenges ranging from legacy enterprise systems and cautious IT spending to uneven digital capabilities and employee resistance to AI-driven change. As the company pushes deeper into ASEAN, how does Workday plan to capture regional growth while helping businesses bridge the technology and skills divide?

Image Credit: Shutterstock

See omnystudio.com/listener for privacy information.

DXN Holdings has quietly built one of Malaysia's most international businesses through a global network across some 200 markets. Prajith Pavithran, the company's executive director and group CEO, explains why DXN is investing heavily in manufacturing and expanding across Latin America, while still fundamentally a direct-selling company, or something more?

See omnystudio.com/listener for privacy information.

While solidly green, Parti Islam Se-Malaysia (PAS) is helping create what pundits are calling the Blue Wave. After the Johor and Negeri Sembilan state elections the role of Parti Islam Se-Malaysia or PAS as part of a future federal government is being entertained as a real possibility. In this conversation with discuss PAS’ current political strategy, the foundations of its economic philosophy, the tensions between its ‘populist’ social policies and the demands of being Shariah-compliant and also the SG4 initiative that aims not only to attract investment but also to promote the idea that a PAS-led government will be business friendly and inclusive of all Malaysians.

See omnystudio.com/listener for privacy information.

Nearly 80 years after the Universal Declaration of Human Rights, the institutions created to uphold it are under unprecedented strain. Philippe Bolopion, the Executive Director of Human Rights Watch discusses Gaza, Malaysia, refugees, international law and why, despite mounting challenges, he still believes human rights are worth fighting for.

Image Credit: Shutterstock

See omnystudio.com/listener for privacy information.

Scicom MSC Bhd started life as a call centre. Today it processes the visa for every international student entering Malaysia, and holds a 15-year concession on GITC — the country's first national platform matching TVET graduates to jobs, launched by the Deputy Prime Minister in June. After 3 straight years of falling revenue, trailing twelve-month revenue is up 37%, profit up 96%, and the share price has more than doubled. Group CEO Datuk Seri Leo Ariyanayakam on what the platform actually does, how much of the group rides on government contracts, and whether a doubled dividend is sustainable when cash has halved and receivables have doubled.

See omnystudio.com/listener for privacy information.

PEOPLElogy just turned 25, and it's marking the milestone with a pledge to make five million Malaysians AI-ready by 2028, roughly one in three working Malaysians. It's a bold ask at a moment when over 52,000 Malaysians have already lost their jobs this year, more than half of them PMETs. But 14 months after listing on the ACE Market, the stock is at 21 sen, below its 25-sen IPO price, and FY2025 net profit came in at just RM41,000 on RM29.8 million in revenue. Managing Director and Group CEO Allen Lee returns to the Breakfast Grille to account for the numbers, the IPO proceeds, the dividend, and whether the recovery is real.

See omnystudio.com/listener for privacy information.

China and Taiwan have had frigid relations since Democratic People's Party (DPP) became the ruling party in 2016, currently with President Lai Ching-te at the helm. How are the dynamics between Beijing and Taipei shifting in light of the Trump administration 2.0 policies? We discuss developments with Bonnie Glaser of the German Marshall Fund.

Image Credit: Shutterstock

See omnystudio.com/listener for privacy information.

Barisan Nasional’s switch in strategy paid off handsomely, grabbing half the state assembly and with Perikatan Nasional securing control of the state. The question being asked is if this winning strategy can go national and deliver UMNO leadership of the country? Also laid bare several are other political realities: Pakatan Harapan’s weak hold of the Malay ground, Wawasan’s replacement of Bersatu as PAS’ Malay nationalist partner and Borneo’s potential loss of the kingmaker position if GE16 goes the way of the PAS-UMNO alliance.

See omnystudio.com/listener for privacy information.

The Breakfast Grille - Aug 1, 2026

See omnystudio.com/listener for privacy information.

In 2023, the elections ushered in a Pakatan Harapan-led government with the support of the Barisan Nasional. Neither coalition had sufficient seats to lead the 36-member assembly. In this election, Barisan has switched strategy, forming an informal electoral pact with Perikatan Nasional instead. No doubt the outcome of the Negeri Sembilan vote will be consequential for the people of the state but will it determine the future stability of the current Federal government.

See omnystudio.com/listener for privacy information.

As Malaysia Business Events Week 2026 gets underway, the spotlight is on how the country plans to strengthen its position as a regional destination for international conferences, exhibitions, and corporate events. Amid intensifying competition from neighbours such as Singapore and Thailand, success will depend on more than marketing, with infrastructure, sustainability, regulatory efficiency, and measurable economic returns all coming under greater scrutiny. Can Malaysia build a more competitive and resilient business events industry?

See omnystudio.com/listener for privacy information.

Teladan Group has spent nearly three decades building homes in Melaka. Now, the Main Market-listed developer is embarking on its most ambitious chapter yet, expanding into Negeri Sembilan, the Klang Valley and industrial developments. Richard Teo, Managing Director of Teladan Group, discusses the company's growth strategy.

See omnystudio.com/listener for privacy information.

Pekat Group Berhad has transformed itself from a lightning protection specialist into a leading player in Malaysia's solar engineering sector, reflecting the country's accelerating energy transition. With plans to move from Bursa Malaysia's ACE Market to the Main Market, the company is entering a new stage of growth amid rising demand for renewable energy and data centre infrastructure. Can Pekat maintain its momentum as competition intensifies and the clean energy landscape evolves?

See omnystudio.com/listener for privacy information.

The latest entrant to the Malaysian political scene is Parti Wawasan Negara led by Dato’ Sri Hamzah Zainuddin and comprising disgruntled former members of Bersatu. How is Wawasan positioning itself in an increasingly crowded space? We find out from the party’s Secretary General, Dato’ Sri Saifuddin Abdullah.

See omnystudio.com/listener for privacy information.

The Malaysian Media Council or Majlis Media Malaysia (MMM) is a statutory body established to uphold journalistic standards, mediate public complaints and advocate for press freedom. How will it shape the contours of the media industry for the future? We discuss the role and aims of the MMM with its newly appointed Chair, Tan Sri Nallini Pathmanathan, former justice of the Federal Court. 

See omnystudio.com/listener for privacy information.

Recent international trade numbers are record breaking. In the first half of the year, it grew 22.4% year-on-year to a record RM1.796 trillion in the first half of 2026. The Ministry of Investment, Trade and Industry said exports increased 27.5% to RM971.59bil, while imports rose 16.9% to RM824.44bil, resulting in a trade surplus of RM147.15bil. Reports stated that “manufactured goods continued to underpin export growth, led by electrical and electronic products, which recorded an increase of almost RM140bil in export value.” While the Malaysia Investment Development Authority reported healthy levels of Domestic Investments, yet in this volatile international order, what challenges remain for the country’s leadership to navigate?

See omnystudio.com/listener for privacy information.

As Food & Drinks Malaysia 2026 opens at MITEC, the food and beverage industry is navigating shifting supply chains, evolving consumer demand, and growing regional competition. Trade exhibitions are also changing, with greater emphasis on delivering measurable business outcomes rather than simply showcasing products. What will it take for Malaysia to strengthen its position as a regional food and beverage hub, and where are the biggest commercial opportunities for the industry?

See omnystudio.com/listener for privacy information.

CGS International Securities Malaysia is looking beyond its traditional roots as a stockbroker to become a broader investment house. Its CEO Khairi Shahrin Arief Baki explains what's driving that strategy, where future growth opportunities lie and why the future of brokerage will depend on far more than executing trades.

See omnystudio.com/listener for privacy information.

Samaiden, an integrated renewable energy solutions provider and asset owner is one of the big beneficiaries of the RE transition momentum, with revenue and profit growing steadily over the past 2 years. However as external factors create cost pressures and with increasing competition in the EPCC space, can Samaiden maintain its shine? We discuss the fortunes and prospects of the company with Group Managing Director Dato’ Chow Pui Hee.

See omnystudio.com/listener for privacy information.

This month, No.10 Downing Street is set to welcome a new resident: Andy Burnham is expected to replace Keir Starmer as the 5th UK Prime Minister since 2020. How will this influence the UK policy agenda? We discuss this with Mark MacGregor of Penta Group.

Image Credit: Shutterstock

See omnystudio.com/listener for privacy information.

Medical insurance has become one of Malaysia's biggest public policy challenges amid rising healthcare costs and insurance premiums. Vibha Coburn, Group CEO of Manulife Malaysia, discusses the company's growth strategy, the future of medical insurance, and how rebuilding consumer trust will require action from insurers, healthcare providers and regulators alike.

See omnystudio.com/listener for privacy information.

France and Malaysia have had formal diplomatic relations ever since Merdeka, with the relationship growing significantly over the decades, leading to expanded cooperation in trade, higher education, and defence. HE Marc Abensour, Ambassador of France to Malaysia join us on this Bastille Day to discuss the evolution of Malaysia-France relations and its future.

See omnystudio.com/listener for privacy information.

The big winner was Barisan Nasional going from 40 to 48 seats in the 56 seat House with UMNO’s partners contributing a large part to the extra eight seats to that boost. The MCA doubled its representation from 4 to 8, and the MIC increased from 3 to 4, giving them 25% of Barisan’s ADUNs. Biggest losers were Perikatan Nasional fielding candidates in 33 seats, but they won none, losing the three ADUNS they had. And finally Pakatan, which was in a confidence and supply agreement with the previous Barisan government, had its representation shrink from 12 to 8 ADUNs in the Assembly. We look at the depth of the Blue Wave, the Bersama spoiler effect, PAS’ ‘Malay-Muslim’ government strategy and the wake-up call for Pakatan.

See omnystudio.com/listener for privacy information.

Johor goes to the polls on Saturday and Negeri Sembilan in a couple of weeks, and Melaka soon after: the country enters a period of domestic political volatility after three and a half years of relative stability. What harm will the current jostling for dominance between coalition partners do to the MADANI government? What does the future hold for the DAP as it holds its national congress after two state elections? And what new political realities and leaders will Malaysians wake up to in the coming months. All this against the backdrop of big power rivalries that are rocking the international stage and upending the rules-based order.

See omnystudio.com/listener for privacy information.

More than half of finance professionals are quietly sweating over what AI means for their careers, and Gen Z graduates are the most anxious of all. But is automation destroying the profession, or simply clearing out grunt work to give humans a more strategic role?

Pulkit Abrol, Director of Asia Pacific at ACCA, joins The Breakfast Grille to look past the AI hype and talk about real human trust. We dive into "agency decay", the danger of younger professionals blindly trusting machine reports over their own judgment, and explore how corporate ethics must evolve as technology shifts.

We also unpack why massive corporate collapses are almost always failures of human courage rather than technical math, and break down the eye-opening data from ACCA's latest Global Trends report, including that 66% of Malaysian finance talent are unhappy with their pay, and 61% face severe workplace mental health strain.

See omnystudio.com/listener for privacy information.

Malaysia's timber industry is at a crossroads. While it remains one of the country's largest commodity exporters, the sector is contending with weaker global demand, US tariffs, labour shortages, and mounting pressure to automate and meet stricter sustainability standards. As the government pushes the industry towards higher-value products and stronger global competitiveness, can Malaysia transform its timber sector into a modern, innovation-driven export powerhouse?

See omnystudio.com/listener for privacy information.

As the Madani Government enters the home stretch of its tenure, the question is not only what's left of its legislative agenda but also what it has accomplished thus far, and how much time does it have for the remainder of its term. With the noise from the upcoming Johor and Negeri Sembilan elections increasingly obscuring the cooperation at the Federal-level can the government convince the public that it has accomplished the most important legislative tasks the country needs.

See omnystudio.com/listener for privacy information.

Parti Keadilan Rakyat has been in the hot seat about their commitment to reform including its pace. But as a former PKR activist writes, “PKR did not become one of Malaysia’s mainstream political parties because it had the most sophisticated reform manifesto, but because it assembled a broad coalition spanning the urban middle class, wage earners, civil society, minorities, and voters seeking an alternative model of governance.” Arguing it's not only sloganeering over values, but coalition-building leading to taking Putrajaya that’s the real test for commitment to reform.

See omnystudio.com/listener for privacy information.

The US-Malaysia Agreement on Reciprocal Trade that was signed in October last year remains in limbo as the Trump administration tries to sort out its tariff regime. What does the uncertainty mean for US-ASEAN business activity? We break down the latest developments on US tariffs and discuss what growing US involvement in critical mineral supply chains means for ASEAN with Marc Mealy of the US-ASEAN Business Council.

See omnystudio.com/listener for privacy information.

The global Sukuk market entered 2026 with strong momentum after a record year in 2025, when global issuance grew 25% year-on-year to surpass USD 300 billion for the first time. Then came the US-Iran war, triggering a 35% plunge in first-quarter global Sukuk volumes, effectively grounding the Gulf Cooperation Council (GCC) market to a halt in March.

Bashar Al Natoor, Global Head of Islamic Finance at Fitch Ratings, joins The Breakfast Grille to break down how the asset class is navigating this ultimate geopolitical stress test.

We dive into why global yields refuse to return to pre-war baselines, how Malaysia’s local, ringgit-denominated market acts as a shield against international volatility, and whether the future of Shariah-compliant capital will be powered by blockchain tokenisation.

See omnystudio.com/listener for privacy information.

Malaysia's food delivery market has evolved beyond restaurant meals into a broader contest over groceries, convenience, and quick commerce. As rivals tap into larger ride hailing, e-commerce, and fintech ecosystems, foodpanda is pursuing a more focused strategy centred on operational efficiency and rapid delivery. With competition intensifying and its parent company undergoing global restructuring, can foodpanda build a sustainable and profitable business without the advantages of a super app?

See omnystudio.com/listener for privacy information.

For thirty years, Puspakom, a wholly-owned subsidiary of DRB-Hicom, has been the sole company appointed by the government to conduct mandatory inspections of commercial and private vehicles. This long-term monopoly officially ended in August 2024. How prepared is Puspakom to compete in an open market and can it overcome the legacy issues it has collected over the years? We discuss Puspakom’s strategy and outllook with Mahmood Razak Bahman, the CEO of Puspakom.

See omnystudio.com/listener for privacy information.

Malaysia's hospitality sector is enjoying strong tourism growth, but hotel operators are also navigating rising labour costs, wage pressures, and intensifying competition. Marriott International continues to expand aggressively across both established and emerging destinations, raising questions about brand positioning, operational efficiency, and the long-term potential of secondary cities. As the industry evolves, how is Marriott balancing growth with profitability in one of Southeast Asia's fastest-changing hotel markets?

See omnystudio.com/listener for privacy information.

With the Johor state assembly around the corner there is increased jostling between political parties, even those which are formally in alliances. And there has been quite a bit of chatter about wanting youth voices and with many parties claiming that their candidates reflect a mix of veterans and new faces, experience and youthful idealism. But what’s really at stake in the political contest and can our political leaders speak from a different script? We talk about the history of youth wings, cooperation during the Madani period, UMNO Supreme Council Puad Zarkashi's shock resignation and if Bersama is eating any party’s proverbial lunch.

See omnystudio.com/listener for privacy information.

The US-China geopolitical rivalry and President Donald Trump's mercurial policies have upended the established multilateral order, to the detriment of countries like Malaysia that base development strategies on the rules-based system. Can multilateralism survive these geopolitical shifts and what role do smaller countries play in reshaping multilateralism for the future? We discuss these themes with Danny Quah, the Li Ka Shing Professor in Economics at the National University of Singapore.

Image Credit: Shutterstock

See omnystudio.com/listener for privacy information.

Malaysia's refugee policy vacuum, rising anti-Rohingya sentiment, and whether refugee issues are becoming politically salient in the lead-up to upcoming elections. Adrian Pereira of the North South Initiative and May of the Refugee Emergency Fund and Reimagine Education, discuss refugee governance, shifting public attitudes, and whether Malaysia's decades-long approach is still fit for purpose.

See omnystudio.com/listener for privacy information.

The Netherlands has long been one of Malaysia’s key partners in Europe, with ties spanning trade, investment, semiconductors, water management, and sustainability. As geopolitical tensions, supply chain shifts, and climate challenges reshape the global landscape, both countries are looking to deepen cooperation in areas critical to future growth and resilience. How is the bilateral relationship evolving, and where do the biggest opportunities for collaboration lie in the years ahead?

See omnystudio.com/listener for privacy information.

Atlas Copco is a Swedish multinational giant in the industrial sector, providing much of the infrastructure and equipment needed for manufacturing plants to operate. How are they navigating global economic headwinds and does Malaysia provide safe harbour for geopolitical currents? We catch-up with Khalid Shaikh, General Manager of Atlas Copco Malaysia & Singapore.

Image Credit: Shutterstock

See omnystudio.com/listener for privacy information.

Industrial chemicals rarely grab headlines, but they sit quietly behind Malaysia’s most aggressive economic sectors, including the massive infrastructure and data center construction boom. Now, specialty chemical distributor Eckem Holdings is stepping out from behind the curtain, looking to raise RM15 million via an IPO on the ACE Market of Bursa Malaysia. However, the listing arrives alongside a complicated financial reality: profit after tax has tumbled roughly 35% over consecutive years due to cyclical, oil-linked chemical prices and a steep rise in finance debt used to fund a RM60 million industrial land bank.

Executive Director Jack Tan joins The Breakfast Grille to defend the company’s 16.7x earnings valuation multiple against contracting profit after tax. Jack breaks down how their local in-house laboratory acts as a technical moat to secure customer loyalty over direct foreign suppliers, addresses the governance optics of declaring a RM1.9 million pre-IPO dividend, and details the strategic roadmap to double its capacity in high-margin rubber export manufacturing to transform the business from a pure middleman into a resilient industrial player.

See omnystudio.com/listener for privacy information.

The World Bank Group recently released its biannual flagship publication on Malaysia’s economy titled “Raising the Ceiling, Raising the Floor: The Jobs Agenda as a Productivity Agenda” which focuses on the Malaysian Government’s progress in undertaking structural changes of the economy as well as improving living standards. Taking into account conflict in the Gulf and expectations of a supply-side induced crisis, we ask what the domestic and external hurdles to growth are.

See omnystudio.com/listener for privacy information.

Malaysia has long been a global leader in Muslim-friendly tourism, but can that leadership evolve into something more? Mohammad Faisal Abu Suaib Khan, Director-General of the Islamic Tourism Centre, discusses the growth potential of the Muslim travel market whether or not Malaysian standards such as MFAR can become an exportable asset.

See omnystudio.com/listener for privacy information.

The Securities Commission is reviewing the Malaysian Code of Corporate Governance (MCCG), last updated in 2021. What changes are needed to encourage more publicly-listed companies to level up on corporate governance practices? We discuss the progress made and gaps to overcome on Malaysian boards with our expert panel.

See omnystudio.com/listener for privacy information.

As Malaysia attracts billions of ringgit in data centre investments, demand is rising for the critical power infrastructure needed to keep these facilities running without interruption. Fresh from a strong Bursa debut, EI Power finds itself at the centre of this trend, providing specialised engineering and power solutions for mission-critical environments. With a growing order book, regional expansion ambitions, and increasing competition, can the company sustain its growth momentum and translate the data centre boom into a durable long-term advantage?

See omnystudio.com/listener for privacy information.

While taking on the role recently, and with less than half the government’s term left, we ask the Minister about his concerns about policy continuity amidst political and economic uncertainty. From the much anticipated National Climate Change bill, to issues of carbon tax to the Community Ranger initiative, we ask the Minister what are his priorities. With his own 100 days KPIs, we take a measure of what has been achieved on the Green Agenda.

See omnystudio.com/listener for privacy information.

Malaysia’s automotive market is becoming increasingly competitive as Chinese brands gain ground with aggressive pricing and technology-rich vehicles. Against this backdrop, Kia has taken direct control of its Malaysian operations for the first time, establishing Kia Sales Malaysia and making Kuala Lumpur its Asia-Pacific headquarters. As the brand embarks on a factory-led reset, can Kia rebuild consumer confidence and strengthen its position in an increasingly crowded market?

See omnystudio.com/listener for privacy information.

According to the latest Global Terrorism Index, the world is a safer place than it was 10 years ago, with overall terrorist attacks on a declining trend. But the positive trend belies a damaging pattern of states using counter-terrorism as justification for actions that violate international human rights, including in conflicts that are unfolding in the Middle East today. We discuss the real-world implications of inherent tensions between security and liberty with Prof. Ben Saul, the UN Special Rapporteur on the promotion and protection of human rights and fundamental freedoms while countering terrorism.

Image Credit: Shutterstock

See omnystudio.com/listener for privacy information.

Inspace Creation Berhad recently made its debut on Bursa Malaysia’s ACE Market after attracting strong investor interest, positioning itself as a specialist in customised commercial office fit-outs and workplace transformation. As multinational corporations expand their presence in Malaysia and workplace expectations continue to evolve, the company is seeking to grow beyond its current footprint in a highly fragmented industry. But with customer concentration, project-based revenue, and increasing competition all posing challenges, how sustainable is Inspace’s growth strategy, and can its turnkey approach provide a meaningful competitive advantage as it pursues regional expansion?

See omnystudio.com/listener for privacy information.

As growth in the US market cools down, the battle for pickleball dominance is shifting to Asia, and Selkirk has made Malaysia their Asian HQ.

Mike Barnes, Co-CEO of Selkirk Sport, joins The Breakfast Grille to discuss their $30 million investment, their expansion strategy, and why the pickleball economy will avoid the post-pandemic crash of hardware peers like Peloton.

We dive into how Selkirk uses its unique in-house R&D lab to build a strong patent moat , how they leverage sub-brands to create a customer "ladder" without hurting their premium image , and why a cooling market is actually opening up aggressive opportunities for Selkirk to lead a wave of industry M&A and consolidation.
Finally, Mike shares surprising consumer insights on why Southeast Asian players often view a premium paddle as a prime status symbol rather than a price hurdle.

Photo Credit: Selkirk Sport

See omnystudio.com/listener for privacy information.

Francisco Retondo, General Manager of Sika Malaysia, joins The Breakfast Grille to discuss how the specialty chemical giant has decoupled from a slowing global market.

While global sales flattened and a real estate crash hit operations in China, Southeast Asia emerged as Sika's star performer. Francesco breaks down the mechanics of their extensive local footprint, now spanning six factories, and reveals how they are managing a volatile energy crisis.

We unpack the delicate trade-off between protecting profit margins and passing costs down to increasingly price-sensitive local contractors, the strategy for fending off aggressive Chinese suppliers looking for overseas buyers, and Sika's bold corporate roadmap to double its Malaysian business.

See omnystudio.com/listener for privacy information.

Elsa Bhd is preparing for its ACE Market debut, but this is a firm that is more than your traditional oil and gas services provider. Its managing director, Daniel Ilham Khong talks about Elsa's evolution from engineering consultancy to digital solutions, robotics and energy technology, and whether that transformation can drive its next phase of growth.

See omnystudio.com/listener for privacy information.

The Malaysia Higher Education Blueprint 2026 to 2035 was launched in March, setting out the policy direction for tertiary education in the country over the next decade. Does this plan address the realities of higher education institutions in Malaysia today, and what will it take to achieve the aim of becoming a global education hub by 2035? We explore themes and trends in higher education with our expert panel.

See omnystudio.com/listener for privacy information.

Streaming platforms are entering a more demanding phase, where subscriber growth alone is no longer enough to sustain expansion or satisfy investors. For players like iQIYI, the challenge now is balancing profitability, localisation, creator monetisation, and AI-driven innovation while competing for audiences across Southeast Asia’s increasingly crowded entertainment landscape. As viewing habits evolve and pressure builds on both advertising and subscription models, how is iQIYI positioning itself for the next stage of growth in the region?

See omnystudio.com/listener for privacy information.

As Malaysia’s digital infrastructure and enterprise technology spending continue to expand, newly listed ICT players are facing growing pressure to differentiate beyond traditional hardware distribution and project-based revenue. Pentech Holdings is positioning itself around cybersecurity, managed services, and AI-driven solutions as it prepares for its ACE Market debut at an IPO price of 20 sen per share on June 15. But in a sector known for tight margins and intense competition, how sustainable is the shift toward recurring revenue and higher-value digital services, and what should investors be watching as the company enters its next phase of growth?

See omnystudio.com/listener for privacy information.

Between 2022 and 2024, Samsonite enjoyed a massive travel boom, but now the market is slowing down and cheap rivals are flooding in.

Ambert Khoo, General Manager of Samsonite Malaysia, joins The Breakfast Grille to explain how they keep Asia more profitable than their other major markets, and how selling 90% of their products directly to customers drives that success.

We also discuss how moving into everyday items like ladies' handbags and backpacks protects the business when people travel less, as well as dive into a new franchise plan designed to help their budget brand, American Tourister, win back customers from cheaper competitors.

See omnystudio.com/listener for privacy information.

A.I. technology has developed at an exponential rate over the past 5 years, but it comes at the cost of regulatory and cybersecurity frameworks playing catch-up. We speak to US legal practitioner Guillermo Christensen, a partner at the law firm K&L Gates to discuss how governments are responding to the cybersecurity risks that AI poses and how businesses should adapt to the rapidly evolving landscape.

See omnystudio.com/listener for privacy information.

Is artificial intelligence stuck in your cost structure and completely missing from your bottom line? Arya Bolurfrushan, Founder and CEO of The Applied AI Company (AAICO), joins The Breakfast Grille to break down exactly what enterprises are getting wrong about AI adoption.

We explore his firm’s $100 million war chest and aggressive private equity-style acquisition strategy, as well as why patching an AI agent into an existing legacy setup is a dangerous automation trap. Arya reveals how to properly design an AI-first process with strategic human placement rather than contorting your business around rigid code.

Finally, we dissect the unique mathematical vulnerability where a tiny 1% error rate compounds into an 11% operational crisis across multiple agents, and why AAICO is locked in a multi-million dollar race to chart all 2.7 million finite, regulated business processes on Earth.

See omnystudio.com/listener for privacy information.

Les' Copaque Production built one of Malaysia’s most recognisable animation franchises in Upin & Ipin. Now, the company is expanding beyond content, into education, F&B, and even a theme park, as it looks to evolve into a full-fledged IP-driven business. Datuk Burhanuddin Md Radzi its founder and managing director shares how he plans to fulfil his lifelong dreams.

See omnystudio.com/listener for privacy information.

IKEA has been part of the Malaysian retail landscape for 30 years and as consumers become more cost-conscious and e-commerce reshapes retail, it is evolving beyond its traditional megastore model. Malcolm Pruys, Country Retail Director of IKEA Malaysia discusses affordability, omnichannel retail and expansion for the IKEA experience in Malaysia.

See omnystudio.com/listener for privacy information.

UCSI University, which in 2024 found itself at its highest position in the QS World University Rankings since its inception, slipped slightly in the 2025 list. Datuk Dr Siti Hamisah Tapsir, the university's Vice-Chancellor, discusses whether UCSI University can sustain its position as competition intensifies and weighing in on Malaysia’s higher education system.

See omnystudio.com/listener for privacy information.

Telco tower veteran Suresh Sidhu launched EdgePoint Infrastructure in 2020, scaling the regional venture to over 16,000 sites across Malaysia, Indonesia, and the Philippines, with backing from DigitalBridge, and then later the Abu Dhabi Investment Authority.

However the infrastructure model now faces a more complex reality: carrier consolidation and a higher for longer interest rate environment that creates a more challenging environment, in particular for a PE-backed player. Can ASEAN’s underlying tide of data demand outrun these mounting structural pressures?

Suresh Sidhu joins the show to discuss navigating private equity expectations in a high-rate climate, the shifting economics of a consolidated customer base, and the new growth engines driving the TowerCo model.

See omnystudio.com/listener for privacy information.

Pharmaniaga officially exited PN17 status in March, having taken three years to complete its regularisation plan. The firm is now vying to become the most valuable pharmaceutical company in Malaysia by 2030 leveraging on its ongoing government concession in logistics and biopharma manufacturing capabilities. We catch-up with Managing Director Dato’ Zulkifli Jafar to find out how he intends to achieve this goal.

See omnystudio.com/listener for privacy information.

Still fresh from his re-entry into UMNO, we ask the former Minister and Youth Chief what role he sees for himself in the party ahead of GE16, and his views on the Barisan-Pakatan cooperation and what the Malay community wants. We also tap him for his views on great power rivalry, the US-Israeli attack on Iran and the global crisis it has created. Are our political elite up to the task of navigating the global crisis, or will they keep our house permanently divided?

See omnystudio.com/listener for privacy information.

How is the US-China geopolitical rivalry affecting other countries also involved in the semiconductor space, like the Netherlands and Malaysia? We discuss the Dutch approach to semiconductor advancement and lessons that can be learned by Malaysia in growing its domestic industry with Michiel Sweers, Vice Minister for Foreign Economic Relations of the Netherlands.

See omnystudio.com/listener for privacy information.

Putrajaya has been laying out strategies to deal with what is being called a “supply-side crisis” sparked by the American and Israeli attack on Iran on February the 28th. From the Iranian blockade of the Strait of Hormuz, to the impacts on crude oil supplies and agriculture, leading to shortages of petroleum derived products and disruptions to manufacturing supply chains, to geo-political realignments and its economic consequences, the crisis is about to hit with increasing severity in the coming months. Are we ready for what it will demand of all stake-holders in the country?

See omnystudio.com/listener for privacy information.

The European Union has not been spared geopolitical whiplash under the Trump administration as US-China competition, the war in Ukraine and the crisis in the Middle East upends the global order. How is the bloc navigating these challenging times and how is this shaping its relations with Malaysia? We catch up with H.E. Rafael Daerr, EU Ambassador to Malaysia on the eve of Europe Day.

See omnystudio.com/listener for privacy information.

Is the world on the brink of a recession?

10 weeks into the paralysis of the Strait of Hormuz, the global market is still missing between 10 to 15 million barrels of oil daily, and the longer this goes on, the darker the economic scenarios look.

Dr. Gaurav Ganguly, Head of International Economist at Moody’s Analytics, joins the Breakfast Grille to unpack Asia’s ‘Two-Part Story’, where Asia’s weakness in energy is offset by a surge in electronics exports due to the AI boom.

We explore why Malaysia’s RM5 billion monthly subsidy bill is testing the absolute limits of fiscal resilience, how the supply shock could trigger a "wage-price spiral" that threatens to break the global labor market, and what this prolonged shock means for the permanent re-ordering of the global order.

See omnystudio.com/listener for privacy information.

MARA Liner Group has been connecting rural communities across the country for decades, but with rising costs and low margins, can that model hold? New CEO Wan Agyl Wan Hassan discusses the challenges of transforming a legacy bus operator through digitalisation, diversification, and operational reform while navigating thin margins.

See omnystudio.com/listener for privacy information.

The Warisan Kuala Lumpur initiative, which was launched in April last year with a RM600 million funding injection from Khazanah Nasional, is beginning to reap rewards with the reopening of heritage buildings in the city centre. We catch up with Dato' Hamdan Abdul Majeed of Think City on KL urban regeneration efforts and the potential economic multiplier of the upcoming Kuala Lumpur Festival beginning May 6th.

See omnystudio.com/listener for privacy information.

The Strait of Hormuz has been effectively closed for over two months following the outbreak of war in Iran. What are the implications of this prolonged closure for international trade, shipping, and the lobal legal maritime regime? We explore these themes with Prof Dr Jason Chuah, Chairman of the Board of Research with the Maritime Institute of Malaysia (MIMA).

See omnystudio.com/listener for privacy information.

It has been two months since the start of the Iran War and the closure of the Strait of Hormuz, a vital artery carrying 20% of the world’s oil and 40% of Malaysia’s crude imports. Despite early optimistic projections of a four-week resolution, the deadlock has entered its ninth week, with global supply losses reaching 1 billion barrels.

So, is this still just a "temporary shock"?

Brian Coulton, Chief Economist at Fitch Ratings, joins The Breakfast Grille to audit the growing stagflation threat, a toxic mix of rising prices and falling output. We explore why Asia is uniquely exposed as a net oil importer, why equity markets are dangerously disconnected from energy realities, and why the "fragile" global job market is the real trigger for a 2026 recession.

Image Credit: Shutterstock

See omnystudio.com/listener for privacy information.

Islamic banking now makes up nearly half of Malaysia’s financial system but as it matures, questions around differentiation, sustainability, and global competitiveness are coming into sharper focus. Rafe Haneef, president of the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM) talks about challenges going forward maintaining Malaysia's lead in this space.

See omnystudio.com/listener for privacy information.

Southeast Asia’s real estate markets have long been seen as a growth story. But in a world of higher interest rates, shifting supply chains, and rising geopolitical tensions, that narrative is being tested. Michael Glancy, Managing Director for Southeast Asia at the international real estate advisory JLL, shares his insights.

See omnystudio.com/listener for privacy information.

Systech Bhd has undergone a major shift following its acquisition of Wilstech Sdn Bhd, driving strong revenue growth and a new push into AI and GPU-as-a-Service, and with a new man at the helm. That person is Dr Wilson Low, the founder of Wilstech and now the MD for Systech. He discusses his ambitions and plans to turn Systech into a profitable business again.

See omnystudio.com/listener for privacy information.

Japan already sells more adult diapers than baby diapers, a stark harbinger for a rapidly aging Malaysia. By 2040, the national support ratio is projected to collapse to just five working adults for every senior, signaling a fiscal crisis unless longevity is reframed as a frontier marketplace.

Michael Hodin, CEO of the Global Coalition on Aging (GCOA), joins the Breakfast Grille to discuss the $22 trillion Silver Economy. We explore why he believes the next 30 years of global growth will be driven not by the youth, but by a demographic that holds the lion’s share of disposable income. Is it time for a corporate "Aging Strategy" that goes far beyond bathroom grab bars.

See omnystudio.com/listener for privacy information.

World Book Day was established by the United Nations Educational, Scientific and Cultural Organization (UNESCO) dedicated to promoting reading, literacy, and the joy of books worldwide. This year it is being celebrated under the shadow of several high profile and inexplicable book bans and seizures. While Malaysia boasts a literacy rate of over 94% and the government estimates that the average number of books read rose from two a year in 2005 to 24 in 2023, many issues remain to make reading books a popular way of experiencing the world.

See omnystudio.com/listener for privacy information.

The New START Treaty between the U.S. and Russia expired in February 2026, marking the end of the last, major nuclear arms control agreement. Alarm bells went off with the United Nations Secretary-General, António Guterres noting that “for the first time in more than half a century, we face a world without any binding limits on the strategic nuclear arsenals.” So how do we re-institutionalise restraints in an age of re-emergent Great Power rivalry?

Image Credit: Shutterstock

See omnystudio.com/listener for privacy information.