As part of our 64th Merdeka Day celebrations, we’re taking a look this week at Malaysia: The Next Chapter - companies and people who exemplify the potential in Malaysia’s future. Kien Fatt Medical Store has been dispensing Chinese herbs in Petaling Street for nearly 80 years. The father and daughter duo, Ng Chee Yat & Vanessa Ng, discuss their takeover from Mr Ng’s father, their journey thus far, and how they plan on adapting with times to come.



Image Credit: Daniel Chan | TimeOut

As part of our 64th Merdeka Day celebrations, we&rsquo;re taking a look this week at Malaysia: The Next Chapter - companies and people who exemplify the potential in Malaysia&rsquo;s future. Kien Fatt Medical Store has been dispensing Chinese herbs in Petaling Street for nearly 80 years. The father and daughter duo, Ng Chee Yat &amp; Vanessa Ng, discuss their takeover from Mr Ng&rsquo;s father, their journey thus far, and how they plan on adapting with times to come.

Image Credit: Daniel Chan | TimeOut

The flagship entrepreneurship show on BFM, featuring personal business stories from early stage start-ups, all the way to billionaire octogenarians in Malaysia and abroad. Notable guests include Martin Cooper (father of the mobile phone), Julian Assange (founder of WikiLeaks), Ralph Henry Baer (father of video games), Tony Buzan (Mindmap Guru), Isaac Tigrett (Hard Rock Cafe founder), Robert Kiyosaki (Financial Guru), Nick Vujicic (motivational speaker) and more. Tap into this valuable resource of shared experiences for the SME industry, which also touches on news, issues and trends affecting the business community and beyond.

Open For Business

Discover fresh concepts, tackle obstacles, and unleash growth - Open For Business is the dynamic show where BFM engages with entrepreneurs, business leaders, and industry trailblazers, igniting inspiration, sparking success, and exploring new business models.

Malaysia: The Next Chapter - Values Through The Decades

Founded in 2006, Easybook.com started off as a platform that sold bus tickets in Malaysia and Singapore but has since grown operations regionally. Last year it made RM300 million in revenue and RM10 million in net profit, with aims to hit RM500 million in revenue and RM30 million in profit this year.



The company has raised a total fund of USD$8.5 million over 3 rounds. The first was a $500,000 round, followed by a USD$3 million round. Then in 2021, the company raised US$ 5 million Series C round from Malaysia boutique investment firm, Emissary Capital and utilised the new funds to invest in the business but also to get through the pandemic.



Easybook is focused on maintaining its first mover advantage in this space with continued expansion into Indonesia and Vietnam, and is also preparing itself for an IPO - with the company scouting for listing locations that will provide it the best valuation.



In this episode of Open For Business, dive into Easybook's origins as a pet project back in 2006 and the 18 year journey that William has been on, how the business has changed as the internet economy grew, its competitive advantage in this space, the underlying business itself, and IPO thoughts.

Founded in 2006, <a target="_blank" rel="noopener noreferrer nofollow" href="http://Easybook.com">Easybook.com</a> started off as a platform that sold bus tickets in Malaysia and Singapore but has since grown operations regionally. Last year it made RM300 million in revenue and RM10 million in net profit, with aims to hit RM500 million in revenue and RM30 million in profit this year.The company has raised a total fund of USD$8.5 million over 3 rounds. The first was a $500,000 round, followed by a USD$3 million round. Then in 2021, the company raised US$ 5 million Series C round from Malaysia boutique investment firm, Emissary Capital and utilised the new funds to invest in the business but also to get through the pandemic.Easybook is focused on maintaining its first mover advantage in this space with continued expansion into Indonesia and Vietnam, and is also preparing itself for an IPO - with the company scouting for listing locations that will provide it the best valuation.In this episode of Open For Business, dive into Easybook's origins as a pet project back in 2006 and the 18 year journey that William has been on, how the business has changed as the internet economy grew, its competitive advantage in this space, the underlying business itself, and IPO thoughts.

18 Years of Easybook: From Pet Project to RM300 Million Business

In today's rapidly evolving job market, traditional methods of securing part-time work, such as word-of-mouth referrals or classified ads, are becoming increasingly outdated. Many individuals, particularly younger generations, face challenges in finding part-time opportunities that match their schedules, skills, and preferences.



Through Get Hyred, employers can easily recruit individuals for various divisions within their companies, all within proximity. Additionally, the platform enables users to earn skill badges by completing part-time jobs or engaging in training sessions, fostering financial and professional independence.



Today on the show, we speak with Muthalib to look into how Get Hyred has modernized talent development in Malaysia, highlighting the uniqueness of their business model and sharing their plans for 2024 and beyond. 

In today's rapidly evolving job market, traditional methods of securing part-time work, such as word-of-mouth referrals or classified ads, are becoming increasingly outdated. Many individuals, particularly younger generations, face challenges in finding part-time opportunities that match their schedules, skills, and preferences.Through Get Hyred, employers can easily recruit individuals for various divisions within their companies, all within proximity. Additionally, the platform enables users to earn skill badges by completing part-time jobs or engaging in training sessions, fostering financial and professional independence.Today on the show, we speak with Muthalib to look into how Get Hyred has modernized talent development in Malaysia, highlighting the uniqueness of their business model and sharing their plans for 2024 and beyond.

Looking to Get Hyred?

OpenAcademy is the education arm of marketing-tech consultancy OpenMinds, and is trying to bridge the gap between academic learning and real-world skills through microlearning principles.



The platform allows individuals to take 5-minute lessons in the hopes of upskilling learners on the go and covers a wide range of topics including digital marketing, website optimisation, content creation, and more.



Similar to MasterClass or Skillshare, the lessons are delivered by industry experts, with OpenAcademy leaning on local experts, aiming to make it more relevant and engaging.



Today we explore why a mar-tech company started an online education platform, why Celine decided to lead the initiative, how they're incentivising local subject matter experts to become creators on their platform, the current state of the business, and how Open Academy wants to influence the future of education.

OpenAcademy is the education arm of marketing-tech consultancy OpenMinds, and is trying to bridge the gap between academic learning and real-world skills through microlearning principles.The platform allows individuals to take 5-minute lessons in the hopes of upskilling learners on the go and covers a wide range of topics including digital marketing, website optimisation, content creation, and more.Similar to MasterClass or Skillshare, the lessons are delivered by industry experts, with OpenAcademy leaning on local experts, aiming to make it more relevant and engaging.Today we explore why a mar-tech company started an online education platform, why Celine decided to lead the initiative, how they're incentivising local subject matter experts to become creators on their platform, the current state of the business, and how Open Academy wants to influence the future of education.

Malaysia: The Next Chapter - Values Through The Decades

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