Enterprise explores the role and power of foreign-owned e-marketplaces and social commerce platforms and why this needs to be studied and managed to protect local merchants and Malaysia's digital sovereignty. We explore this with Ganesh Kumar Bangah, the Chair of PIKOM’s e-Commerce Chapter, he’s also the Founder & Executive Chairman of Commerce.Asia, an all-in-one ecommerce ecosystem.



Among other things, we get into the power that marketplaces and social commerce players hold in e-commerce, how TikTokShop has changed the game and differs from Shopee and Lazada, how local consumer data should be handled, and why businesses to diversify their channel strategy and not be dependant on any single one, whether it’s a marketplace or social commerce platform.

Enterprise explores the role and power of foreign-owned e-marketplaces and social commerce platforms and why this needs to be studied and managed to protect local merchants and Malaysia's digital sovereignty. We explore this with Ganesh Kumar Bangah, the Chair of PIKOM’s e-Commerce Chapter, he’s also the Founder &amp; Executive Chairman of <a target="_blank" rel="noopener noreferrer nofollow" href="http://Commerce.Asia">Commerce.Asia</a>, an all-in-one ecommerce ecosystem.Among other things, we get into the power that marketplaces and social commerce players hold in e-commerce, how TikTokShop has changed the game and differs from Shopee and Lazada, how local consumer data should be handled, and why businesses to diversify their channel strategy and not be dependant on any single one, whether it’s a marketplace or social commerce platform.

Helping you navigate the ever-changing universe of business, from headlines to the bottom line

Helping you navigate the ever-changing universe of business, from headlines to the bottom line

Enterprise Explores

Social Commerce: Huge Opportunity, But Don't Be Dependent On It

“I think we’re getting past the luxury of just being against things”, Penta's Rory O'Donnell on global food security.



Farmers' protests in Europe are reshaping the political landscape as the European Parliament elections approach, with the protest highlighting a frustration among European farmers as they navigate tougher competition, rising production costs, and concerns over the environmental impacts of initiatives like the Green Deal strategy.



With that in mind, today we delve into the intricate world of European agriculture, exploring the evolving landscape of agricultural policies within the EU, their global ramifications, food security, and lessons that Asia can learn from Europe and vice versa. Joining us is Rory O'Donnell, Managing Director of International Agriculture, Food, and Trade at Penta, who brings over three decades of experience in the UK Civil Service and a deep understanding of EU affairs.

“I think we’re getting past the luxury of just being against things”, Penta's Rory O'Donnell on global food security.Farmers' protests in Europe are reshaping the political landscape as the European Parliament elections approach, with the protest highlighting a frustration among European farmers as they navigate tougher competition, rising production costs, and concerns over the environmental impacts of initiatives like the Green Deal strategy.With that in mind, today we delve into the intricate world of European agriculture, exploring the evolving landscape of agricultural policies within the EU, their global ramifications, food security, and lessons that Asia can learn from Europe and vice versa. Joining us is Rory O'Donnell, Managing Director of International Agriculture, Food, and Trade at Penta, who brings over three decades of experience in the UK Civil Service and a deep understanding of EU affairs.

The Politics of European Agriculture and EU Trade Negotiations

RM500,000 penalties, Director and Management liability, and assessing Work-From-Home risks that employers could be responsible for.



If you haven’t heard about the incoming changes for Occupational Health and Safety in Malaysia, it’s time to push the panic button because ignorance is not a defence from the potential penalties of up to RM500,000. Learn about the implications, consequences, and what workplaces need to do ASAP in this edition of Enterprise Explores.



We speak with Shannon Rajan and Selvamalar Alagaratnam, Partners at Skrine to discuss the implications of the newly enforced Occupational Safety and Health (OSH) Act (Amendment) 2022. Effective from June 1st, this amendment aims to elevate safety and health standards across workplaces in Malaysia.



We take a look at the significant changes introduced by the amendment, including the mandatory appointment of health safety coordinators in companies with five or more employees and the enhanced requirements for workplace risk analysis.

RM500,000 penalties, Director and Management liability, and assessing Work-From-Home risks that employers could be responsible for.If you haven’t heard about the incoming changes for Occupational Health and Safety in Malaysia, it’s time to push the panic button because ignorance is not a defence from the potential penalties of up to RM500,000. Learn about the implications, consequences, and what workplaces need to do ASAP in this edition of Enterprise Explores.We speak with Shannon Rajan and Selvamalar Alagaratnam, Partners at Skrine to discuss the implications of the newly enforced Occupational Safety and Health (OSH) Act (Amendment) 2022. Effective from June 1st, this amendment aims to elevate safety and health standards across workplaces in Malaysia.We take a look at the significant changes introduced by the amendment, including the mandatory appointment of health safety coordinators in companies with five or more employees and the enhanced requirements for workplace risk analysis.

New OSHA Rules: What All Workplaces Need to Know ASAP

Why did EPF restructure its member’s accounts? Can we do recurring transfers from the Flexible Account to the other 2? Why can’t we opt out of the Flexible Account? We get into these and much more in this edition of Enterprise Explores with EPF’s Balqais Yusoff.



Over the weekend, EPF’s new structure took effect bringing into play a new 3rd account known as Akaun Fleksibel. Enterprise Explores the strategy and rationale behind this move, what we should know about these new changes, and how to navigate them, with Balqais Yusoff, the Head of Policy and Strategy Department at The Employees Provident Fund (EPF).



Effective earlier this week, EPF Member accounts have been restructured from the previous two accounts (Account 1 and Account 2) to three accounts with contributions split 3 ways – with 75% going to Akaun Persaraan, 15% into Akaun Sejahtera, and 10% into Akaun Fleksibel.



Account 1 will be effectively known as Akaun Persaraan: This account will accumulate savings specifically for retirement income.



Account 2 will be effectively known as Akaun Sejahtera: EPF has said that this is designed to address members’ life cycle needs during retirement.



And now we have a 3rd account - Akaun Fleksibel: This new account is aimed at providing flexibility for short-term financial needs and savings in this account can be withdrawn as needed.



On top of this, EPF members will have until August 31st to decide whether to opt-in to restructure your existing balance and transfer an initial amount from Account 2 into your Flexible Account. This one-off, initial transfer will be irreversible. Effectively, if you’ve never withdrawn funds from EPF, this move should restructure your EPF savings to follow the new 75:15:10 ratio.



Join us as we dive into the rationale behind this move, what this says about the evolution of EPF’s role in our lives, what we should know about these new changes, and how to navigate them.

Why did EPF restructure its member’s accounts? Can we do recurring transfers from the Flexible Account to the other 2? Why can’t we opt out of the Flexible Account? We get into these and much more in this edition of Enterprise Explores with EPF’s Balqais Yusoff.Over the weekend, EPF’s new structure took effect bringing into play a new 3rd account known as Akaun Fleksibel. Enterprise Explores the strategy and rationale behind this move, what we should know about these new changes, and how to navigate them, with Balqais Yusoff, the Head of Policy and Strategy Department at The Employees Provident Fund (EPF).Effective earlier this week, EPF Member accounts have been restructured from the previous two accounts (Account 1 and Account 2) to three accounts with contributions split 3 ways – with 75% going to Akaun Persaraan, 15% into Akaun Sejahtera, and 10% into Akaun Fleksibel.Account 1 will be effectively known as Akaun Persaraan: This account will accumulate savings specifically for retirement income.Account 2 will be effectively known as Akaun Sejahtera: EPF has said that this is designed to address members’ life cycle needs during retirement.And now we have a 3rd account - Akaun Fleksibel: This new account is aimed at providing flexibility for short-term financial needs and savings in this account can be withdrawn as needed.On top of this, EPF members will have until August 31st to decide whether to opt-in to restructure your existing balance and transfer an initial amount from Account 2 into your Flexible Account. This one-off, initial transfer will be irreversible. Effectively, if you’ve never withdrawn funds from EPF, this move should restructure your EPF savings to follow the new 75:15:10 ratio.Join us as we dive into the rationale behind this move, what this says about the evolution of EPF’s role in our lives, what we should know about these new changes, and how to navigate them.

Social Commerce: Huge Opportunity, But Don't Be Dependent On It

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