I built Asia's first 24-hour cafe with free workspace for digital nomads, in 2015, in Malaysia, before coworking spaces were trendy here. Even then, and till now, coworking spaces have never been tightly regulated. Nearly all city councils follow the convention of issuing a business license for "management offices" which has zero regard for the P&L model of subletting space, value-added services, sundry goods, and F&B.
This has been lazy governance by Malaysian regulators, so it's not the fault of space operators. And it effectively leaves regulators with a bouquet of non-compliance opportunities to hurl at any operator.
It'll be interesting to see how all this moves forward.
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