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Malaysia Digital Economy Corporation (MDEC) is set to revamp and rebrand the MSC Malaysia initiative as it marks its 25th anniversary this year. Chief executive officer Mahadhir Aziz said the new and improved MSC will seek to accelerate participation in the digital economy and address the concerns on the widening digital divide by providing equitableRead more

Micro, Small and Medium Enterprises (MSME) entrepreneurs should seize the opportunities created through the government’s initiatives to transition from conventional to online business, said Datuk Seri Ismail Sabri Yaakob. The prime minister said various initiatives had been implemented by the government to help entrepreneurs promote their business, including through Budget 2022 which focuses expenditure onRead more

China’s unexpected move today to apply to join a fledging global digital trade pact even as the country tightens up cross-border data flows has raised questions about its intentions. Today’s move followed Chinese President Xi Jinping’s announcement of Beijing’s intention to join the Digital Economy Partnership Agreement (DEPA) as part of his video address aRead more

Many parts of our daily lives, as well as the way our economy and society are organised and function, are being transformed by digitalisation. The scope and speed with which the digital transition is bringing about change is astounding, and it raises a host of public policy challenges. It’s also altering the nature of policymakingRead more

A total of 600 Keluarga Malaysia (Malaysian Family) Digital Economy Centres (PEDi), which are being transformed from existing community internet centres, will focus on generating income and helping the people’s economy, said Communications and Multimedia Minister Tan Sri Annuar Musa. He said the function of community or rural internet centres, which previously only provided internetRead more

National digitalisation, the recovery of the creative industry and sustainable government communications are the focus of the Ministry of Communications and Multimedia Ministry (KKMM) in Budget 2022 to ensure that no one is left behind in the digitalisation wave. Communications and Multimedia Minister Tan Sri Annuar Musa said the government is responsible for providing infrastructure,Read more

Large power imbalances stalk the growing digital economy as major platforms reinforce their positions in the global data value chain.The data-driven digital economy is surging. Recent estimates show that global internet protocol (IP) traffic a proxy for data flows will more than triple between 2017 and 2022, according to UNCTAD’s Digital Economy Report 2021 releasedRead more

Some 48% of companies adopted digital tech platforms; 19% in 2020 About 85% of companies surveyed say need to reskill their employees Companies are accelerating the adoption of digital technologies and are accordingly focused on re-skilling and up-skilling their employees in digital technologies and applications, according to a new survey conducted by the Malaysia DigitalRead more

Malaysia based US fund, Indelible Ventures & EduSpaze in Singapore participate as well Funds to go into scaling operations in Malaysia & train an additional 8k IR4.0 mentors FutureLab, an online mentorship platform, and edtech social enterprise announced that it has secured US$478,000 (RM2 million) in Pre-Series A funding in a round led by SarawakRead more