Can The Government End Ali Baba Culture In Business?

Dr Carmelo Ferlito, CEO, Center for Market Education (CME)

13-Jul-23 08:30

Can The Government End Ali Baba Culture In Business?

Pause
Embed

The government is stepping up its fight against rent-seeking activities, or “Alibaba” culture, which is estimated to cost Malaysia losses amounting to 1% of GDP to corruption. We speak to economist Dr. Carmelo Ferlito, on the kinds of reforms needed to eliminate such activities in the country.

Image by: Shutterstock

Produced by: Yeong Yeng Yee

Presented by: Shazana Mokhtar, Wong Shou Ning

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

Categories: Law/Activism, government, economy, corruption

Tags: rent seeking, malaysia government, economy,

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

Laurent Lequeu, Independent Market Analyst & Writer, The Macro Butler Newsletter 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

Catherine Lim, Bloomberg Intelligence gives us an update on Chinese consumer sentiment.

7:45 AM

Morning Brief

Prof. Dr. Ong Kian Ming, former MITI Deputy Minister discusses the RCEP Summit and US-Malaysia trade deal.

8:00 AM

The Breakfast Grille

Mark Carney, Prime Minister of Canada speaks at the ASEAN Business and Investment Summit about Canada’s ties with ASEAN.

8:30 AM

Morning Brief

Dr Syaza Shukri of IIUM discusses the rising tension in Bersatu as dissatisfaction with Tan Sri Muhyiddin Yassin’s leadership grows.

8:45 AM

Morning Brief

Angeline Tan, analyst at ISIS Malaysia discusses US-China trade tensions and talks.

9:00 AM

Opening Bell

(REPEAT) Laurent Lequeu, Independent Market Analyst & Writer, The Macro Butler Newsletter 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

People, Planet, Profit

Datuk Muhamad Guntor Mansor Tobeng of Gading Kencana discusses the progress and gaps in implementing National Energy Transition Roadmap (NETR).

10:05 AM

Open For Business

Alvin Andrew, CEO &Founder, FUBIZO

11:00 AM

Marketing Mojo

Mimrah Mahmood, Vice President, Enterprise, Asia Pacific, Meltwater [Repeat]

12:00 PM

Enterprise Explores

Dr Carmelo Ferlito, CEO, Center for Market Education & Dr. Veerinderjeet Singh, Senior Advisor on Tax Policy, KPMG Malaysia

1:00 PM

The Breakfast Grille Repeat

Our flagship show, we feature both game-changers and groundbreakers in the hot seat.

2:05 PM

Discovery Hour

An eclectic selection of BBC shows, curated with variety in mind.

3:05 PM

Beyond the Ballot Box

A conversation with political analyst James Chai about the changing world and the opportunities and risks that lie ahead for a middle power like Malaysia.

4:05 PM

Health & Living

5:00 PM

Top 5 at 5

6:00 PM

Talkback Tuesday

Would you support the return of caning to schools?

8:00 PM

BBC World Service

PROGRAMMES