Thomas Knudsen, CEO of Toll Group, the Australian-based logistics firm owned by Japan Post, has been hired to turn around a business that was already ravaged by losses, high debts and cybercrime before Covid-19.



Here is his situation report as to the status of the business currently.

Thomas Knudsen, CEO of Toll Group, the Australian-based logistics firm owned by Japan Post, has been hired to turn around a business that was already ravaged by losses, high debts and cybercrime before Covid-19.

Here is his situation report as to the status of the business currently.

Sharper and stronger than a double espresso. The Morning Run stretches your mind and braces you for the business day. It's your fast track into work where you can hit the ground running. From 6am to 10am weekdays, the Morning Run brings you the biggest stories and must-listen-to interviews. Stay enlightened, make educated business and investment decisions.

The Breakfast Grille

Featuring the cream-of-the-crop as well as the controversial, the Breakfast Grille is the flagship show of BFM. Expect no-holds-barred interviews to get to the truth and into the minds of business leaders, policymakers and changemakers.

As the Bells Peal Louder, Australia’s Toll Doubles Down on Turnaround

Following its $26 million Series C round and hitting net profitability, how is insurtech PolicyStreet planning its next phase of expansion? Lee Yen Ming, Co-founder and Group CEO of PolicyStreet, joins BFM’s Breakfast Grille to discuss how the firm built a business model alongside legacy insurers, pivoting from its direct-to-consumer roots into embedded B2B2C distribution and offshore Labuan reinsurance co-underwriting.

Yen Ming breaks down the economics of their higher-margin reinsurance strategy, their renewed push into consumer brand building, and how they deploy AI automation in operational workflows. He also addresses the long-term potential of Bank Negara’s Digital Insurer and Takaful Operator (DITO) framework, and considerations for an eventual liquidity event for investors.

Following its $26 million Series C round and hitting net profitability, how is insurtech PolicyStreet planning its next phase of expansion? Lee Yen Ming, Co-founder and Group CEO of PolicyStreet, joins BFM’s Breakfast Grille to discuss how the firm built a business model alongside legacy insurers, pivoting from its direct-to-consumer roots into embedded B2B2C distribution and offshore Labuan reinsurance co-underwriting.Yen Ming breaks down the economics of their higher-margin reinsurance strategy, their renewed push into consumer brand building, and how they deploy AI automation in operational workflows. He also addresses the long-term potential of Bank Negara’s Digital Insurer and Takaful Operator (DITO) framework, and considerations for an eventual liquidity event for investors.

PolicyStreet's $26M Series C, Profitability, & Next Phase

GDP figures across AI-focused Asian hubs look strong, but they mask a broader economic weakness as weak domestic demand, escalating energy costs, new US tariffs, and high interest rates weigh on the non-AI economy. Stefan Angrick, Head of Asia-Pacific Economics at Moody’s Analytics, joins BFM’s Breakfast Grille to break down the depth of the two-speed economy in manufacturing hubs like Malaysia and why he believes Asia’s AI boom is ripe for a pause.

Stefan also explores why tariffs are here to stay and whether central bank policies themselves risk amplifying global supply shocks.

GDP figures across AI-focused Asian hubs look strong, but they mask a broader economic weakness as weak domestic demand, escalating energy costs, new US tariffs, and high interest rates weigh on the non-AI economy. Stefan Angrick, Head of Asia-Pacific Economics at Moody’s Analytics, joins BFM’s Breakfast Grille to break down the depth of the two-speed economy in manufacturing hubs like Malaysia and why he believes Asia’s AI boom is ripe for a pause.Stefan also explores why tariffs are here to stay and whether central bank policies themselves risk amplifying global supply shocks.

AI Saved Malaysia’s Economy, But For How Long? 

GTA Holdings is heading for the ACE Market, servicing helicopter and aircraft engines out of Subang — with about 95% of that work tied to the military. But the prospectus raises questions: RM46mil in dividends paid out just before asking the public to fund a RM37.5mil building, cash dropping from RM107mil to RM23mil in eight months, and consultancy and software contracts awarded to a company owned by the CEO's two daughters. We also get into the four-month deadline to vacate Subang, the Safran certification the business depends on, and why a major shareholder is selling down half the offer-for-sale. We speak to Dato' Nonee Ashirin binti Dato' Mohd Radzi, Managing Director and CEO of GTA Holdings Berhad.

GTA Holdings is heading for the ACE Market, servicing helicopter and aircraft engines out of Subang — with about 95% of that work tied to the military. But the prospectus raises questions: RM46mil in dividends paid out just before asking the public to fund a RM37.5mil building, cash dropping from RM107mil to RM23mil in eight months, and consultancy and software contracts awarded to a company owned by the CEO's two daughters. We also get into the four-month deadline to vacate Subang, the Safran certification the business depends on, and why a major shareholder is selling down half the offer-for-sale. We speak to Dato' Nonee Ashirin binti Dato' Mohd Radzi, Managing Director and CEO of GTA Holdings Berhad.

As the Bells Peal Louder, Australia’s Toll Doubles Down on Turnaround

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