Global economic uncertainty, geopolitics main threats to media
These challenges could undermine the daily operations of media organisations.
JENJAROM – Global economic instability, geopolitical tensions, climate change and changing consumer behaviour have been identified as key threats to the survival of Malaysia’s media industry, said Karangkraf Group co-advisor Datuk Muhammad Nasir Hamzah.
He stressed that these challenges could undermine the daily operations of media organisations, particularly in news distribution and competitiveness in an increasingly tough business environment.
“For example, the geopolitical changes that are happening now, we can see foreign countries sparking wars.
“In other words, they are no longer promoting peace. This will certainly affect our business, especially in terms of news distribution and assignments.
“So we hope the world will change in the near future, so that we can return to peace and stability,” he said.
Nasir made the remarks during his speech as a keynote speaker at the International Conference on Accounting & Business (Mi-CAB 2025) at MAHSA University on Friday.
The event was also attended by International Institute of Advanced Islamic Studies (IAIS) Malaysia chairman Professor Dr Maszlee Malik, MAHSA University, vice-chancellor Professor Datuk Dr Ikram Shah Ismail and Mi-CAB 2025 chairman Dr Sugumaran Selladurai.
Nasir further emphasised that modern business strategies must blend traditional expertise with innovative technology to drive sustainable growth.
He noted that Artificial Intelligence (AI), increasingly in the spotlight, should not be perceived as a threat but embraced as an opportunity to create new value in the media industry.
“Digital flows and AI can help increase operational efficiency, reduce costs and speed up the news production process.
“I believe we have the capacity and ability to succeed in all this. Perhaps due to certain factors, they are unable to show performance.
“I hope the government is aware of this matter,” he said.
Turning to education, he called for the sector to be kept free from political interference, describing it as a crucial foundation for nation-building.
“Education should be seen as a mission to educate the people, regardless of background or political inclination.
“Unfortunately, every time there is a change of government, the education minister also changes and new policies are introduced even though the existing plans are almost completed.
“This has a major impact on the country’s education system,” he said.
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