Why Amazon and Tesla Investing in Malaysia Matters

Ong Kian Ming, Program Director, Taylor's University

14-Mar-23 12:00

Why Amazon and Tesla Investing in Malaysia Matters

Pause
Embed

We've seen a few notable stories of foreign players investing in or entering Malaysia, whether it's Amazon, Tesla, Shopee, or payments unicorn Xendit, and while we often hear about the need to attract foreign companies and FDI - Foreign Direct Investment - in the name of the country’s development, why is it so important?

Enterprise BizBytes discusses this with former Deputy Minister of International Trade and Industry Ong Kian Ming exploring the importance of bringing in foreign players like these into Malaysia and the criticisms of the value that these company's truly provide when setting up shop in Malaysia.

Photo Credits: Shuttershock | Fiqah Anugerah Dah Besa

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan, Richard Bradbury

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: markets, economy, technology, entrepreneurs, SME, Corporates

Tags: investment, technology, development, foreign investment, amazon, tesla,

Today’s Shows

6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Carlos Casanova, Senior Economist, UBP tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Alex Muscatelli of Fitch Ratings discusses the global economic outlook.

7:45 AM

Morning Brief

Ng Zhu Hann of Tradeview Capital discusses the effectiveness of the government's GEAR-UP programme in driving economic growth.

8:00 AM

The Breakfast Grille LIVE

Dr. Edward Harcourt of QS Quacquarelli Symonds talks about how relevant university rankings are today.

8:30 AM

Morning Brief

We break down the day’s top news with expert insights.

8:45 AM

Morning Brief

Dr. Michael Montesano of ISEAS-Yusof Ishak Institute discusses what Prime Minister Paetongtarn Shinawatra’s suspension means for Thailand’s government stability.

9:00 AM

Opening Bell

(REPEAT) Carlos Casanova, Senior Economist, UBP tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) We take a look at the FBM KLCI as well as regional capital markets.

9:35 AM

The Property Show

Imran Clyde of Nextdor Property Communications shares his insights on the legal aspects of property advertising.

10:05 AM

Open For Business

ALT Synergy's CEO Nash Muhammad discusses their AI platform that helps influencers and new brands create and launch compliant health supplements.

11:00 AM

The Workplace

Andy Fisher, Co-founder & Chief Happiness Officer, The Happy Consultancy Group discusses employee disengagement and how happiness can be a powerful business strategy

12:00 PM

Enterprise Explores

E-commerce 3.0: Forget Growth, It’s About Margins. Momentum Works' CEO Jianggan Li unpacks their 'E-commerce in Southeast Asia 3.0' report, covering the shift to profitability, platform dominance, and the impact of AI.

1:00 PM

The Breakfast Grille Repeat

Dr. Edward Harcourt of QS Quacquarelli Symonds talks about how relevant university rankings are today.

2:05 PM

Discovery Hour

3:05 PM

Earth Matters

Fireflies: nature's fairy lights, yet their glow hides a tale of ecosystem health, habitat loss, and potential disappearance. With World Firefly Day just around the corner, we explore these bioluminescent beetles with guests from education, science, and conservation.

4:05 PM

Health & Living

What does a medical social worker do? How can they help patients connect to the support and resources needed? We find out.

5:00 PM

Top 5 at 5

6:00 PM

Good Things

Malaysian artist Khabir Roslan speaks to us about his debut work, featuring installations and pieces made out of kitchen waste.

7:00 PM

Made in Malaysia

We speak to board game designer Goh Choon Ean about what makes Malaysian board games unique.

8:00 PM

Cruise Control

Should you buy an old stock electric vehicle in Malaysia? Daniel Fernandez shares what he thinks and gives some tips on how to do it.

PROGRAMMES