The Economic Club of Kuala Lumpur

What The Economic Club of Kuala Lumpur does

The Economic Club of Kuala Lumpur (ECKL) is a private, membership-based non-profit organization founded in 2019 and registered in Malaysia (society registration PPM-004-14-31052019). It is headquartered at Plaza Mont Kiara in Kuala Lumpur, where its secretariat functions are operated by KSI Strategic Institute for Asia Pacific out of co-located offices. ECKL's stated purpose is to foster dialogue among Malaysian leaders on pressing economic, political, and social issues, and to cultivate mentorship for future generations of Malaysian leaders.

ECKL's core offerings are organized into three membership tiers (Ordinary Corporate/Institutional, Ordinary Individual, and Associate) and a portfolio of recurring events. These events include the annual Malaysian Economic Summit, the annual Malaysian Banking and Finance Summit, the ECKL Convergences Webinar Series, and the ECKL Diplomatic Encounters lecture series, which launched in August 2023. The club also publishes policy-adjacent statements and recommendations, including a submission of COVID-19 response measures to the Malaysian Economic Action Council in 2021 and public statements on parliamentary reform.

ECKL's business model is subscription-style recurring membership fees supplemented by corporate sponsorships (Silverlake, OCBC, TopGlove, Quill, IJM Corporation, ASEAN-India Business Council, The Star Media Group). Membership requires proposal and secondment by an existing member, making the go-to-market community-led and referral-driven rather than open-enrollment. The organization is governed by an Executive Council chaired by Datuk Seri Mohd Iqbal Rawther, with an International Advisory Council chaired by Tan Sri Abdul Wahid Omar (who is also Chairman of Bursa Malaysia), and operates with a small staff of 1-10 employees.

Name

The Economic Club of Kuala Lumpur

Legal name

The Economic Club of Kuala Lumpur

Website

https://econclubkl.org

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

The Economic Club of Kuala Lumpur is a Malaysian non-profit membership organization founded in 2019 that convenes senior business leaders, government officials, academics, and statesmen for dialogue on economic, political, and social issues via events, summits, and webinars.

Ownership category

akta.pro rank

Product category

Professional Association / Economic Forum

NAICS

Business Associations (813910), Convention and Trade Show Organizers (56192)

SIC

Services-Membership Organizations (8600)

akta.pro industry

PRIMARYMPAGAGAM

Conferences & Conventions Operations Services (Registration, AV, Logistics)

Media, Entertainment & Sports/Live Entertainment & Events (Concerts, Theater, Festivals)/Conventions & Conferences (Business Events)

Keywords

• Economic forum services
• Professional membership association
• Business networking events
• Policy dialogue platforms
• Thought leadership summits

Headquarters

HQ city

Kuala Lumpur, Federal Territory of Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Membership Fees: ECKL generates revenue through membership fees from three categories: Ordinary Corporate or Institutional Membership, Ordinary Individual Membership, and Associate Membership. Members receive priority access to events featuring prominent speakers, engagement with other economists, and opportunities to influence key recommendations to the government on economic issues.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

ECKL is a membership-based economic discussion forum and think tank that organizes high-level events bringing together business leaders, government officials, and academics to debate pressing economic, political, and social issues affecting Malaysia. Its core deliverables are three membership tiers (Ordinary Corporate/Institutional, Ordinary Individual, and Associate) and signature event programs including the Malaysian Economic Summit, Malaysian Banking and Finance Summit, ECKL Convergences Webinar Series, and ECKL Diplomatic Encounters lecture series.

Product overview

The Economic Club of Kuala Lumpur operates as a membership-based professional organization rather than a technology product company. Its service portfolio consists of membership programs offering access to economic dialogue platforms, and organized event programs including the annual Malaysian Economic Summit, Malaysian Banking and Finance Summit, ECKL Convergences Webinar Series, and ECKL Diplomatic Encounters lecture series. These programs facilitate connections among Malaysian leaders and provide forums for discussing economic, political, and social issues affecting Malaysia.

Differentiator

Problem solved

Functional benefit

Products and services

• ECKL Membership Programs Three-tier membership program (Ordinary Corporate/Institutional, Ordinary Individual, and Associate) that grants members priority access to ECKL events featuring prominent speakers, engagement with economists, and opportunities to influence key recommendations to the government on economic issues.
• Malaysian Economic Summit An annual flagship event bringing together policymakers, academics, business leaders, and economists to discuss Malaysia's economic challenges and opportunities, including digitalization, climate transition, and post-pandemic recovery.
• Malaysian Banking and Finance Summit An annual high-level forum bringing together senior bankers, technology experts, and consultants to share insights on the future of banking, post-pandemic challenges, digital transformation, and national economic recovery.
• ECKL Convergences Webinar Series A webinar series featuring industry experts discussing key trends including private equity, alternative asset classes, ESG investments, technology, and infrastructure, serving as a platform for converging opinions from key industry figures.
• ECKL Diplomatic Encounters A lecture series organized with KSI Strategic Institute for Asia Pacific and The Star Media Group, featuring diplomatic presentations to enhance bilateral relations and provide global perspectives.

Quantifiable outcome

• Regular high-level events including Malaysian Economic Summit, Malaysian Banking and Finance Summit, Diplomatic Encounters series, and Convergence Webinars

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core and minor.

• KSI Strategic Institute for Asia PacificcoreStrategic or Co-development Partner · 8 August 2023KSI Strategic Institute for Asia Pacific serves as the secretariat for ECKL and is the primary co-organizer of major events including the Malaysian Economic Summit and Banking and Finance Summits. The relationship is deeply integrated with KSI providing administrative and organizational support.
• SilverlakeminorGTM or Marketing PartnerSilverlake is listed as a sponsor of ECKL. The company appears in the sponsors section on the website.
• OCBC BankminorGTM or Marketing PartnerOCBC Bank is listed as a sponsor of ECKL. The bank appears in the sponsors section on the website.
• TopGloveminorGTM or Marketing PartnerTopGlove is listed as a sponsor of ECKL. The company appears in the sponsors section on the website.
• QuillminorGTM or Marketing PartnerQuill is listed as a sponsor of ECKL. The company appears in the sponsors section on the website.
• IJM Corporation BhdminorGTM or Marketing PartnerIJM Corporation Bhd graciously sponsored the ECKL Diplomatic Encounters First Lecture event on August 8, 2023.
• ASEAN-India Business CouncilminorStrategic or Co-development PartnerThe ASEAN-India Business Council co-sponsored the ECKL Diplomatic Encounters First Lecture event, supporting the diplomatic engagement initiative.
• The Star Media GroupminorStrategic or Co-development PartnerThe Star Media Group co-organized the ECKL Diplomatic Encounters First Lecture in collaboration with KSI and ECKL, providing media support and coverage.
• Bursa MalaysiacoreStrategic or Co-development PartnerTan Sri Abdul Wahid Omar, Chairman of Bursa Malaysia, serves as Chairman of ECKL's International Advisory Council, creating a strong institutional link between ECKL and Bursa Malaysia for economic discussions.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• ASEAN Business Club: Regional business forum engaging ASEAN policymakers and corporate leaders on economic integration and policy. Comparable to ECKL in its membership-gated convening model and senior-audience focus, with a broader regional scope.
• Malaysian International Chamber of Commerce and Industry (MICCI): Kuala Lumpur-based chamber of commerce convening Malaysian and international business leaders for policy dialogue and networking. Operates in the same geographic market as ECKL with a similar membership and convening model, though with broader trade-focused remit.
• Singapore Business Federation: Singapore's apex business chamber convening corporate leaders and policymakers on economic issues across Southeast Asia. Closely comparable to ECKL in providing a forum for business-government-academic dialogue, with a broader regional mandate.
• Hong Kong General Chamber of Commerce: Asia's oldest business chamber, convening senior executives for policy dialogue, networking, and thought leadership in a regional financial capital. Operates a similar membership-plus-event model serving business leaders and policymakers, comparable in audience and programming to ECKL.
• The Economic Club of New York: One of the oldest and most established invitation-only economic forums in the United States, hosting heads of state, CEOs, and policymakers. Directly comparable in mission, membership-gated model, and event-driven value proposition to ECKL, though at significantly larger scale.

Broad incumbents

• The Economic Club of Chicago: Long-established US economic forum hosting heads of state and CEOs for high-level dialogue. Comparable in membership model and event-led value proposition, serving as a benchmark for what a mature economic club can become over decades.
• World Economic Forum: Global convening organization for heads of state, CEOs, and thought leaders on economic and policy issues. Operates in the same conceptual category as ECKL (high-level economic dialogue), though at vastly larger global scale and with paid institutional membership model.
• The Asia Society: Global non-profit convening Asian and global leaders across business, policy, arts, and education. Comparable in membership-plus-events format and thought-leadership positioning, but operates at significantly larger scale and international footprint than ECKL.
• KSI Strategic Institute for Asia Pacific: Established regional think tank that already serves as ECKL's secretariat and primary co-organizer. Operates in an adjacent space (policy research and convening), and is structurally intertwined with ECKL through shared leadership and event co-production.

Emerging players

• Institute of Corporate Directors Malaysia (ICDM): Malaysian institute convening senior directors and business leaders on governance and economic policy. Comparable in audience (senior business leadership) and Kuala Lumpur base, with overlapping convening function though narrower governance focus.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/econclubkl

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about The Economic Club of Kuala Lumpur