BFM89.9 - The Business Station
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https://www.bfm.my

BFM is Malaysia's only independent radio station, focused on business news and current affairs.

BFM's purpose is to build a better Malaysia by championing rational, evidence-based discourse as a key element of good policy decisions.
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Kopi Highlights β˜•οΈ

Thu, 20 May 2021

Dr Musa Mohd Nordin gets vocal about reports of people jumping queues to get their COVID-19 jabs, amid concerns that Malaysia's vaccine rollout is happening too slow. [Listen more here] βœ…πŸ’‘

πŸ“Œ Daily picks via Telegram on the latest insights & pressing issues [Click here]
Kopi Highlights β˜•οΈ

Fri, 21 May 2021

"It was a smooth, painless, process."

Our producer, Tasha, shares with us her journey to get the AstraZeneca vaccine, and how she felt after getting her first dose.
[Watch here] πŸ‘¨πŸ½β€πŸ³πŸ’‘βœ¨

πŸ“Œ Daily picks via Telegram on the latest insights & pressing issues [Click here]
TAPAU, PLEASE? πŸ₯‘

Fri, 21 May 2021 - Serving you the top conversations you might've missed πŸ›΅

COVID-19❗️

πŸ‡²πŸ‡Ύ is awaiting the NSC's decision on a full COVID-19 lockdown - and wondering if it will really work:

"We have political uncertainty, and discoordination that's impeding every kind of recovery. If we don't find alternatives to a full MCO, every support measure would be a little patch on a big hole."

- Dr Carmelo [Listen here] βœ…πŸ’‘

Business & FinanceπŸ“ˆπŸ’Έ

Epic Games is suing Apple after it was kicked off Apple's App Store for creating its own in-app payment for its game Fortnite, bypassing Apple's fees. The trial poses a risk to Apple, after it made USD64 billion from those fees in 2020:

"The outcome is going to be epic, as Fortnite's 125 million players are the main stakeholders. Everyone's taken a huge interest, it's a social event - the trial was streamed, people were live tweeting it."

- Lesley Lim [Listen here] 🌢🍿

πŸ“Œ Daily picks via Telegram on the latest insights & pressing issues [Click here]
TAPAU, PLEASE? πŸ₯‘

Mon, 24 May 2021 - Serving you the top conversations you might've missed πŸ›΅

COVID-19❗️

Pick 1 - Msians are worried about slow vaccination rates, as the weekly delivery of 2.5 million jabs has been delayed to July, and total cases pass 500k:

"The pace is dictated by how much vaccines we have. Just because you order 10 million doses today, doesn't mean that the entire shipment will come in the near future. Delivery of orders is beyond the govt's control."

- Azrul, Galen Centre [Listen here] βœ…πŸ’‘


Pick 2 - The πŸ‡²πŸ‡Ύ Shopping Malls Association says Putrajaya's new 2-hour limit for shoppers in malls is impractical:

"I mean, what are you doing in a mall? 2 hours should be more than enough. I'm not window shopping, if I really need something I'll just get in and out. The best thing is to make sure there are never too many people, you can limit that."

- Freda, Enterprise Presenter [Listen here] 🌢

πŸ“Œ Daily picks via Telegram on the latest insights & pressing issues [Click here]
TAPAU, PLEASE? πŸ₯‘

Tue, 25 May 2021 - Serving you the top conversations you might've missed πŸ›΅

Business & FinanceπŸ“ˆπŸ’Έ

The world could face a rare supercycle - where demand for commodities exceeds supply, and drives up prices of goods for years. There have been 4 since 1900:

"There's lots of demand, but supply isn't catching up. COVID-19 has made it hard for manufacturers to operate. It's a perfect storm driving up prices. Will we get a true supercycle? The possibility isn't off the table."

- Alejandra, Economist [Listen here] πŸ’‘β­οΈ

Current Affairs🌏

Sivabalan's death marks the second custodial death case involving the Gombak police within 2 months:

"When you enter the station, the police are in custody of you, care of you, control of you. They say he died of a heart attack. But I'd like to know what caused it. This was a man who walked in fine, but came out in a body bag. There are loads of questions to ask."

- K. Ganesh, Lawyer [Listen here] βœ…

πŸ“Œ Daily picks via Telegram on the latest insights [Click here]
TAPAU, PLEASE? πŸ₯‘

Thu, 27 May 2021 - Serving you the top conversations you might've missed πŸ›΅

Current Affairs🌏

The LRT crash that's left 213 people injured - 47 of whom are seriously injured - has hurt public trust in our transport system:

"Our trains are very safe. But these incidents are symptoms. Prasarana should take it seriously. All organisations are like our body - there are symptoms prior to major catastrophes. If you overlook them - that's bad, that's dangerous.

- Datuk Ridza, Ex-Prasarana CEO [Listen here] ⭐️

COVID-19❗️

The challenging sign-up process for the 2nd phase of the AstraZeneca opt-in jabs have left many people angry.

"It's incompetence. It's 2021, building a website that can handle millions of people should be fairly simple. To say you spent RM70 million for a booking website - a lot of app developers out there are laughing."

- Inbaraj, Tech Entrepreneur [Listen here] πŸ’‘πŸ”₯

πŸ“Œ Daily picks via Telegram on the latest insights [Click here]
TAPAU, PLEASE? πŸ₯‘

Fri, 28 May 2021 - Serving you the top conversations you might've missed πŸ›΅

Current Affairs🌏

From high COVID-19 cases to the LRT incident, Msia has seen one crisis after another - and many people are questioning whether the govt has things under control:

"We seem to think elegant silence is better than communicating. In the absence of info, there's speculation. With Prasarana - other than blanket statements - where's the assurance that they're prioritising safety?"

- Indira, Comms Coach [Listen here] πŸŒΆβœ…

COVID-19❗️

MOH has authorised 12 private hospitals in 3 states to serve as vaccination centres, to reach 150k jabs per day by June:

"We can't go on having MCOs. The best way forward is to get vaccinated. Imagine getting COVID-19 and landing in an ICU, if you even get a bed at this stage. It's not worth the risk. You'll regret it."

- Dr Kuljit, APHM President [Listen here] πŸ’‘

πŸ“Œ Daily picks via Telegram on the latest insights [Click here]
TAPAU, PLEASE? πŸ₯‘

Wed, 2 Jun 2021 - Serving you the top conversations you might've missed πŸ›΅

COVID-19❗️

Pick 1 - Putrajaya has announced RM40 billion in aid via the Pemerkasa Plus package, which economists have said is too small:

"They're concerned with the package's direct fiscal injection of RM5 billion. It's not enough - the economic loss of a full MCO is RM1.2 billion a day. And most people know that this lockdown isn't just going to be for 2 weeks."

- Pankaj, Finance Expert [Listen here] β­οΈβœ…

Pick 2 - The govt disinfected 248 public and outdoor sites this week to curb COVID-19, with more than 25,000 operations carried out since March 2020:

"In an open area, we have the best disinfectant in the world - UV rays from the sun. There's no point to spraying chemicals outdoors. It can actually be harmful to the environment, to people - it's also wasteful. Use the money to vaccinate others, instead."

- Dr Victor Hoe [Listen here]πŸ’‘

πŸ“Œ Daily picks via Telegram on the latest insights [Click here]
TAPAU, PLEASE? πŸ₯‘

Thu, 3 Jun 2021 - Serving you the top conversations you might've missed πŸ›΅

Business & FinanceπŸ“ˆπŸ’Έ

πŸ‡¨πŸ‡³ is seeing robust growth despite closing their borders during their pandemic, after its growth forecast went up from 7.8% to 8.5% for 2021:

"Size matters. China's own size has translated to good domestic consumption, and domestic tourists have accounted for huge growth. In Msia, the govt's stimulus package won't offset the lockdown and there's a lack of clarity on what the path forward is."

- Vishnu, Mizuho Bank [Listen here]πŸ’‘βœ…

Current Affairs🌏

Putrajaya's response to China after 16 Chinese military planes nearly breached Msian airspace, has left civil groups like Patriot disappointed:

"Those planes were 20 minutes away from our airspace. It was unusual - there were so many flying in military tactical formation. If we did the same to China, what would be their response? That's the issue here.

- Marhalim Abbas [Listen here] 🌢

πŸ“Œ Daily picks via Telegram on the latest insights [Click here]
TAPAU, PLEASE? πŸ₯‘

Fri, 4 Jun 2021 - Serving you the top conversations you might've missed πŸ›΅

Business & FinanceπŸ“ˆπŸ’Έ

Tomorrow's World Environment Day, and green bonds that fund climate conscious projects are in. It's the fastest growing segment of a USD128 trillion market - and even Amazon issued its first one this year:

"There's been extremely high growth - all of this in the past 5 years. If you look at the average annual growth rate, it's around 60%. And the response from investors is extremely high.

- Cedric, Finance Mover [Listen here]πŸ’‘βœ¨

COVID-19❗️

Doctors are pleading with Msians to observe the SOPs and stay home, as daily COVID-19 deaths exceed 100 - and ICUs are overwhelmed:

"We can't win this battle, we only manage casualties. But those who can are the people out there. Be strict with the SOPs. This pandemic is like fire - it needs wood, or people, to burn. If there's no wood to spread to, it will stop.

- Dr Alzam [Listen here] βœ…

πŸ“Œ Daily picks via Telegram on the latest insights [Click here]
TAPAU, PLEASE? πŸ₯‘

Tue, 8 Jun 2021 - Serving you the top conversations you might've missed πŸ›΅

Business & FinanceπŸ“ˆπŸ’Έ

A local security solutions company is now making rubber gloves under Prince Premium+, in a global market worth more than USD10 billion, which Msia dominates:

"We started with RM10 million. What attracted us was global demand. It'll take all of the world's manufacturers 5 to 6 years down the road to meet demand. Also, Europe and the US don't look to China for gloves - they can't produce 100% medical grade nitrile gloves like Msia."

- Dato Murali, CEO [Listen here]πŸ’‘β­οΈ

COVID-19❗️

It's reported that malls will be charging tenants and their staff RM50 each for COVID-19 jabs, to help the govt speed up vaccinations:

"They should be ashamed of themselves for asking low-paid staff to pay. Industry leaders should step up, and encourage mall owners not to pass the costs onto people living on poverty wages."

- Dr Geoffrey [Listen here] βœ…πŸ”₯

πŸ“Œ Daily picks via Telegram on the latest insights [Click here]
Kopi Highlights β˜•οΈ

Tue, 8 Jun 2021

The Human Resources Ministry has received more than 1,000 complaints by people who say they've been forced to work in the office. This is despite the govt's directive for Malaysians in non-essential sectors to work from home.

What can you do if you find yourself in the same situation? [Watch here] πŸ”₯πŸ‘¨πŸ½β€πŸ³

Listen to the extended conversation! [Click here] πŸ’‘

πŸ“Œ Daily picks via Telegram on the latest insights [Click here]
TAPAU, PLEASE? πŸ₯‘

Wed, 9 Jun 2021 - Serving you the top conversations you might've missed πŸ›΅

Current Events 🌏

The King is meeting with all political leaders with several reports claiming he wants to get their opinions on the Emergency, which has failed to curb COVID-19:

"It's time they show that the people come first. That should matter to them, more than their political ambitions. Parliament should convene in any form, but I don't think elections is the solution for stability."

- Dr Hamidin [Listen here]πŸ’‘

COVID-19❗️

A viral video of authorities sanitising undocumented migrants has drawn backlash, amid crackdowns on the community:

"It's dehumanizing. You don't have to be a rocket scientist to know raids increase the risk of COVID-19 & discourage them from getting vaccinated. 95% who are labelled as undocumented actually entered Msia with documents & ended up undocumented. They shouldn't be punished."

- Adrian Pereira [Listen here] βœ…πŸŒΆ

πŸ“Œ Daily picks via Telegram on the latest insights [Click here]
Kopi Highlights β˜•οΈ

Wed, 9 Jun 2021

The SME Association of Malaysia reports that at least 40% of SMEs have suffered during the MCO, and this total lockdown. We’ve picked 3 podcasts with free tools to help your business recover and grow. [Watch here] βœ¨πŸ‘¨πŸ½β€πŸ³

Listen to the extended conversations:

1. Managing cash flow & digitalisation [Listen now] ⭐️

2. Making faster cash [Listen now]πŸ’‘

3. Thriving after COVID-19 [Listen now] βœ…

πŸ“Œ Daily picks via Telegram on the latest insights [Click here]
TAPAU, PLEASE? πŸ₯‘

Thu, 10 Jun 2021 - Serving you the top conversations you might've missed πŸ›΅

Business & FinanceπŸ“ˆπŸ’Έ

Oxford Economics' latest report on ASEAN's economy says although its recovery won't be derailed, the region will struggle amid new COVID-19 surges:

"It's likely to be a bumpy road. There's a real risk of tightening SOPs, so we're by no means out of the woods even if we curb the latest COVID-19 outbreak. Setbacks to jabs would mean more uncertainty, which will see businesses not wanting to hire or invest."

- Sian Fenner [Listen here]πŸ’‘β­οΈ

Current Events🌏

What started as a joke aimed at PAS led Kenneth Chai to create a real political party - Parti Aspirasi Sains:

"People are frustrated with COVID-19 SOPs, and some are unscientific. So I joked that I'd start an imaginary party & comment on them. And people joined it as shadow YBs - Yang Berbayang. Then one day my team said, 'Why not create one?"

- Kenneth [Listen here] βœ…πŸŒΆ

πŸ“Œ Daily picks via Telegram on the latest insights [Click here]
TAPAU, PLEASE? πŸ₯‘

Sat, 12 Jun 2021 - Serving you the top conversations you might've missed πŸ›΅

Current Events 🌏

Fitch Solutions has downgraded Msia's political risk index score from 65.2 to 66.7, citing the got's increasing unpopularity - and instability - which may impact policymaking and social stability.

"There's a real risk of policy paralysis if politicians keep politicking against each other. Short term, it shifts the focus away from policymaking. Long term, it may affect Msia's ability to secure its economic future."

- Darren, Fitch Solutions [Listen here] βœ…πŸ”₯

COVID-19❗️

Some countries are vaccinating kids against COVID-19, as jabs like Pfizer are proven to work safely in those aged 12 to 17:

"Trials were done on children after use in adults yielded confidence. Vaccines like Pfizer and Moderna were found to work in kids aged 12 to 17 - or in some cases even more effective than in adults."

- PT Thomas, Health Expert [Listen here] πŸ’‘

πŸ“Œ Daily picks via Telegram on the latest insights [Click here]
TAPAU, PLEASE? πŸ₯‘

Mon, 14 Jun 2021 - Serving you the top conversations you might've missed πŸ›΅

Business & Finance πŸ“ˆπŸ’Έ

Pick 1 -
Amid a 2-week extension of the lockdown, 125 groups are pleading with the govt for a blanket loan moratorium, as they expect 50,000 SMEs to close soon.

"We still have SMEs around? Seriously, does the govt really know the situation on the ground? MiDEC reported in March 2021, 90% of SMEs had a high risk of closing. Now we're in mid-June. Imagine unemployment going up."

- Ameer Mydin [Listen here] βœ…πŸ”₯

Pick 2 - πŸ‡²πŸ‡Ύ is Germany's largest trade partner in ASEAN, but total bilateral trade dropped from EUR14.2 billion in 2019 to EUR13 billion in 2020, as German companies cite that they're facing hurdles to do business here:

"It's the red tape, the intransparent processes for them to register. Companies sometimes don't understand why things aren't moving, why no one's replying to e-mails and calls."

- Daniel, CEO of MGCC [Listen here] πŸ’‘β­οΈ

πŸ“Œ Daily picks via Telegram on the latest insights [Click here]
TAPAU, PLEASE? πŸ₯‘

Tue, 15 Jun 2021 - Serving you the top conversations you might've missed πŸ›΅

COVID-19❗️

Pick 1 -
The govt's PIKAS program starts tomorrow, which aims to jab 2.6 million manufacturing workers to help the sector reopen safely:

"The jabs are free. We've told employers they can't deduct any cost from the staff's salary. Even if the employee were to leave the company midway in the vaccination process, the employer still needs to pay."

- Norazman, MITI [Listen here] βœ…β­οΈ

Pick 2 - The govt is rolling out an exit strategy for COVID-19 - the National Recovery Plan - to help Msia emerge from the pandemic:

"We've been at this for a year. We know what should be allowed and what shouldn't. When we talk about data and science, it should inform the public and increase trust. It can no longer be haphazard decisions made by ministries. We want to see very joint decisions being made."

- Tricia, IDEAS [Listen here] πŸŒΆπŸ’‘

πŸ“Œ Daily picks via Telegram on the latest insights [Click here]
TAPAU, PLEASE? πŸ₯‘

Thu, 17 Jun 2021 - Serving you the top conversations you might've missed πŸ›΅

COVID-19❗️

In the wake of Putrajaya's new National Recovery Plan to exit the pandemic, experts are asking if the govt's goals are realistic:

"It is unlikely that we're going to able to dramatically reduce the number of daily cases, even with the lockdown. The fact is, COVID-19 is likely to be endemic to Msia just like influenza & dengue. To be honest, this roadmap appears incredibly optimisticβ€”unrealistic."

- Azrul, Galen Centre [Listen here] βœ…πŸ’‘

Current Affairs 🌏

The Immigration Dept put up a poster on social media, telling Rohingya migrants that they’re not welcome here. It's drawn much public backlash, even after pulling down the post:

"It denigrates all of our rights. What lessons are we learning as human beings? What does it teach us? Is this culture of violence & hatred what we want to reproduce?"

- Katrina, Amnesty Int'l [Listen here] πŸ”₯

πŸ“Œ Daily picks via Telegram on the latest insights [Click here]
TAPAU, PLEASE? πŸ₯‘

Thu, 17 Jun 2021 - Serving you the top conversations you might've missed πŸ›΅

Business & FinanceπŸ“ˆπŸ’Έ

Pick 1 - Putrajaya's COVID-19 exit strategy hasn't specified a detailed economic recovery plan for businesses, as 125 associations continue to call for aid and a loan moratorium:

"Is that all? The Plan hasn't addressed how we're going to recover from this so-called lockdown. Businesses are broke, we're in a coma. We just can't wake up and say we're fit."

- Ameer Mydin [Listen here] βœ…πŸ”₯

Pick 2 - PE fund Creador bought a 30% stake in Loob, which owns Tealive, and plans are afoot to expand the brand:

"Our goal is to reach 1,000 stores by 2023. We're also achieving commercial diversity, opening new ones at petrol stations for the very first time. We're excited, because we now understand how far we can bring our brand deeper into local communities."

- Bryan, Tealive [Listen here] πŸ’‘

πŸ“Œ Daily picks via Telegram on the latest insights [Click here]