Tariffs don’t actually protect an economy, they slowly suffocate innovation. Economies need "Creative Destruction”. Dr. Carmelo Ferlito, CEO of the Center For Market Education, joins BFM Enterprise to unpack the macroeconomic consequences of building economic walls.



Looking through the lens of Joseph Schumpeter’s theory of "creative destruction," Dr. Ferlito argues that tariffs distort entrepreneurial calculation, breed rent-seeking behavior, and artificially keep inefficient "zombie firms" on life support at the expense of true innovation.



Learn about:




The Illusion of Protection: Why constantly shifting tariffs erode institutional predictability, causing businesses to freeze their hiring and investment decisions.


The "Zombie Firm" Epidemic: How protectionism traps valuable capital and talent in outdated legacy businesses rather than allowing them to flow to new, better opportunities.


Invention vs. Innovation: Why an idea created in isolation is just an "invention" until it gets the scale, human capital, and financial backing to hit the market as an "innovation."


The Government's True Role: Why the state must act purely as a referee ensuring fair play and contestable markets, rather than a player trying to pick winners.


A Playbook for Malaysia: Why a highly integrated economy like Malaysia must double down on unilateral openness, genuine zero-tariff trade agreements, and protecting people (via social safety nets and reskilling) rather than protecting firms.

Tariffs don’t actually protect an economy, they slowly suffocate innovation. Economies need "Creative Destruction”. Dr. Carmelo Ferlito, CEO of the Center For Market Education, joins BFM Enterprise to unpack the macroeconomic consequences of building economic walls.Looking through the lens of Joseph Schumpeter’s theory of "creative destruction," Dr. Ferlito argues that tariffs distort entrepreneurial calculation, breed rent-seeking behavior, and artificially keep inefficient "zombie firms" on life support at the expense of true innovation.Learn about:<ul><li>The Illusion of Protection: Why constantly shifting tariffs erode institutional predictability, causing businesses to freeze their hiring and investment decisions.</li><li>The "Zombie Firm" Epidemic: How protectionism traps valuable capital and talent in outdated legacy businesses rather than allowing them to flow to new, better opportunities.</li><li>Invention vs. Innovation: Why an idea created in isolation is just an "invention" until it gets the scale, human capital, and financial backing to hit the market as an "innovation."</li><li>The Government's True Role: Why the state must act purely as a referee ensuring fair play and contestable markets, rather than a player trying to pick winners.</li><li>A Playbook for Malaysia: Why a highly integrated economy like Malaysia must double down on unilateral openness, genuine zero-tariff trade agreements, and protecting people (via social safety nets and reskilling) rather than protecting firms.</li></ul>

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

Why Tariffs And Protectionism Kill Innovation

Global headlines have once again put powerful individuals under scrutiny, raising broader questions about accountability at the very top.



In this episode, we explore CEO misconduct in Malaysia, from legal duties and fiduciary responsibilities to the operational and cultural impact on organisations. Are chief executives overly shielded by their status? Do public listed companies face stricter oversight than private firms? And what protections exist for employees when misconduct happens at the leadership level?



Joining us for this conversation is Sheba Gumis, Partner at Skrine, to give us a sense of the legal safeguards, governance frameworks, and whether Malaysia’s system is robust enough to keep power in check.

Global headlines have once again put powerful individuals under scrutiny, raising broader questions about accountability at the very top.In this episode, we explore CEO misconduct in Malaysia, from legal duties and fiduciary responsibilities to the operational and cultural impact on organisations. Are chief executives overly shielded by their status? Do public listed companies face stricter oversight than private firms? And what protections exist for employees when misconduct happens at the leadership level?Joining us for this conversation is Sheba Gumis, Partner at Skrine, to give us a sense of the legal safeguards, governance frameworks, and whether Malaysia’s system is robust enough to keep power in check.

Are Your Bosses Really Untouchable?

If a cyber breach can happen in 25 minutes but it takes days to contain, are organisations already too late?



New cloud security findings from Palo Alto Networks point to a stark reality: attackers are now operating at machine speed, fuelled by AI. Nearly every organisation surveyed reported at least one attack on its AI systems in the past year. APIs are becoming key entry points. Identity weaknesses are driving incidents. And security teams are still juggling an average of 17 tools while trying to respond in real time.



As companies race to deploy faster using AI and automated development tools, they may be expanding their exposure just as quickly. Prevention remains critical. But resilience and response speed are fast becoming the true differentiators.



Elad Koren, Vice President of Product Management for Cortex Cloud at Palo Alto Networks, joins us to examine what breaks first under machine-speed attacks and what needs to change to keep up.



We explore:


Why the shift from prevention to response speed is becoming the new baseline.


What AI poisoning really means, and how intentional sabotage of AI systems could play out.


Why APIs have become both the connective tissue and a growing vulnerability in modern cloud environments.


The identity challenge in cloud and AI systems, and why identity now functions as the last line of defence.


Why manual data reviews are becoming a liability at cloud scale.


Whether the traditional separation between cloud security and the SOC still makes sense in the AI era.



This is not just about stronger tools. It is about whether organisational design, security workflows, and accountability structures are built for threats that now move at machine speed.

If a cyber breach can happen in 25 minutes but it takes days to contain, are organisations already too late?New cloud security findings from Palo Alto Networks point to a stark reality: attackers are now operating at machine speed, fuelled by AI. Nearly every organisation surveyed reported at least one attack on its AI systems in the past year. APIs are becoming key entry points. Identity weaknesses are driving incidents. And security teams are still juggling an average of 17 tools while trying to respond in real time.As companies race to deploy faster using AI and automated development tools, they may be expanding their exposure just as quickly. Prevention remains critical. But resilience and response speed are fast becoming the true differentiators.Elad Koren, Vice President of Product Management for Cortex Cloud at Palo Alto Networks, joins us to examine what breaks first under machine-speed attacks and what needs to change to keep up.We explore:<ul><li>Why the shift from prevention to response speed is becoming the new baseline.</li><li>What AI poisoning really means, and how intentional sabotage of AI systems could play out.</li><li>Why APIs have become both the connective tissue and a growing vulnerability in modern cloud environments.</li><li>The identity challenge in cloud and AI systems, and why identity now functions as the last line of defence.</li><li>Why manual data reviews are becoming a liability at cloud scale.</li><li>Whether the traditional separation between cloud security and the SOC still makes sense in the AI era.</li></ul>This is not just about stronger tools. It is about whether organisational design, security workflows, and accountability structures are built for threats that now move at machine speed.

 Cyber Breaches At AI Speed: What Needs To Change

Are organisations becoming more efficient, but more fragile? As companies mandate return-to-office, flatten structures and automate roles, leadership depth, trust and internal mobility may be quietly eroding.


Anthony Raja Devadoss, Country Managing Director of Korn Ferry Malaysia, examines how return-to-office is reshaping the employee deal, the unintended risks of removing middle managers, and why AI-driven restructuring demands more than cost discipline.



The conversation also turns to HR’s own credibility test — whether AI ambition is outpacing capability, and what CHROs must do to earn and sustain a truly strategic seat at the table.

Are organisations becoming more efficient, but more fragile? As companies mandate return-to-office, flatten structures and automate roles, leadership depth, trust and internal mobility may be quietly eroding. Anthony Raja Devadoss, Country Managing Director of Korn Ferry Malaysia, examines how return-to-office is reshaping the employee deal, the unintended risks of removing middle managers, and why AI-driven restructuring demands more than cost discipline.The conversation also turns to HR’s own credibility test — whether AI ambition is outpacing capability, and what CHROs must do to earn and sustain a truly strategic seat at the table.

Why Tariffs And Protectionism Kill Innovation

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