BFM 89.9

HIGHLIGHTS 
Podcast  >  Morning Run  >  The Breakfast Grille  >  Will COVID-19 Drive SOCAR Out Of Business?

Will COVID-19 Drive SOCAR Out Of Business?

Leon Foong, CEO, SOCAR Mobility Malaysia

17-Dec-20 08:05

Will COVID-19 Drive SOCAR Out Of Business?

Can SOCAR ride out the pandemic? In December 2019, SOCAR was optimistic about the future, looking to spend just under RM100 million to grow the fleet, while also venturing into different services, and expand beyond borders. However, that was before the pandemic.

So is SOCAR still optimistic? Roshan Kanesan speaks to Leon Foong, CEO of SOCAR Mobility Malaysia, to find out, as well as whether the future of SOCAR lies in the asset-light P2P instead of the asset-heavy short-term car rentals.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


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

Categories:  EntrpreneurshipBusiness AnalysisAutoTechnologyTechSocial Issues

Tags:  socarmalaysiacar-sharingcovid-19tourismrecovery





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) We sit down with Shareen Ramli, founder of Siti Li Dining & Foodhall to discuss why she compares the trade to being a "stuntwoman", full of invisible bruises, and her mission to preserve the cosmopolitan heritage of Malay cuisine.

12:00 PM

Just For Kicks

(REPEAT) We react to the midweek European matches that saw Man City losing to Bodo/Glimt, as well as Spurs surviving a scare against Dortmund. Then, we preview Matchweek 23 of the English Premier League, including the big one - Arsenal hosting Man Utd at the Emirates.

1:00 PM

A Bit of Culture

(REPEAT) Kam, Vernon and Zan talk about the usage of AI, names and fictional biographies on another episode of A Bit of Culture.

2:00 PM

Ringgit & Sense

(REPEAT) Rajen Devadason, licensed financial planner talks about EPF's Retirement Income Adequacy framework.

2:30 PM

The Property Show

(REPEAT) Dato’ Ganesh Chinnappan, Managing Director of Raine & Horne International Zaki + Partners Sdn. Bhd., discusses the concept and reality of Build-to-Sell houses.

3:00 PM

Best of The Bigger Picture

(REPEAT) An expert shares the key problems with our urban planning & design today and key principles to build an equitable city for everyone.

4:00 PM

Best of Evening Edition

(REPEAT) We discuss urban planning and the upcoming Petaling Jaya Local Masterplan.

5:00 PM

BBC World Service

Roland Please uncovers the latest developments in the world of Earth Science, at the American Geophysical Union meeting in New Orleans.