Most of us are probably familiar with cashless and ticketless parking, in fact, smart parking in Malaysia is valued at USD 450 million from 2022-2030 whereas the figure stands at USD 8 billion in Southeast Asia. However, surprisingly, the Southeast Asian market for parking is still 90% cash-based. This could be down to parking space owners not understanding or fearing the switch to digital. Started by 3 industry veterans, Sonicboom looks to transform traditional cash payment parking businesses to a 0 capital expenditure low operational expenditure business, by having an all-in-one terminal software that eliminates the need of upgrading the software to keep up to date with the latest payment features.

<p>Most of us are probably familiar with cashless and ticketless parking, in fact, smart parking in Malaysia is valued at USD 450 million from 2022-2030 whereas the figure stands at USD 8 billion in Southeast Asia. However, surprisingly, the Southeast Asian market for parking is still 90% cash-based. This could be down to parking space owners not understanding or fearing the switch to digital. Started by 3 industry veterans, Sonicboom looks to transform traditional cash payment parking businesses to a 0 capital expenditure low operational expenditure business, by having an all-in-one terminal software that eliminates the need of upgrading the software to keep up to date with the latest payment features.</p>

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.

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