Blog

China passed a sweeping privacy law aimed at preventing businesses from collecting sensitive personal data Friday, as the country faces an uptick in internet scams, leaks and concerns about tech giants abusing clients’ personal information. Under the new rules passed by China’s top legislative body, state-run and private companies handling personal information will be requiredRead more

Trade ministers from Singapore and China have agreed to further explore opportunities in digital trade and the green economy after a virtual meeting on Friday (Aug 20), said the Ministry of Trade and Industry (MTI). Enhancing bilateral economic relations was a key focus at the 6th Investment Promotion Committee (IPC) Meeting, co-chaired by Singapore MinisterRead more

Digital Economy Blueprint (MyDIGITAL) specifically sets out to map the importance of cybersecurity, listing it under one of the six main thrusts of the blueprint; to build trusted, secure and ethical digital environment. Cybersecurity sets the foundation from which businesses and enterprises can operate and grow in a safe and secure digital environment. New workingRead more

The pandemic has brought about a massive, permanent digital adoption spurt in Southeast Asia, according to Google CloudNew sectors within the digital economy are emerging, especially in education and health technologyKey verticals such as the finance, healthcare and manufacturing sectors witness a surge in demand for cloud-based solutions If there is one thing virtually certainRead more

Malaysia’s digital economy is making large strides in its maturity, according to a new study by strategy consulting firm YCP Solidiance. However, with the future in mind, there is no room for complacency, and organisations of all sizes and shapes are advised to accelerate their digitalisation plans. The country’s digital economy is estimated by YCP Solidiance toRead more

The evolution of economic activity and technology offers enormous challenges and an opportunity for data centres THE establishment of data centre hubs and cloud service providers will continue to be the driving force behind the rise of the country’s digital economy, according to AIMS Data Centre CEO Chiew Kok Hin. He said businesses that haveRead more

Our working culture has changed significantly in the form of diversified innovations using the digital technology platform. It is estimated that one million Malaysians have joined the gig economy for income. According to one recent study, 35 per cent of youths aged between 18 and 35 are working in the gig economy, with 60 perRead more

In 2016, Klaus Schwab, Chairman of the World Economic Forum, predicted the Fourth Industrial Revolution as a profound shift, marked by incredible technological advancements that would fundamentally change how we live and work, blurring the lines between physical and digital spheres. Half a decade later, the pandemic has fast-tracked this revolution, propelling us into aRead more

UNLIKE the much-hyped visit to Kuala Lumpur in 1998 when he was named an official adviser to Malaysia’s Multimedia Super Corridor (MSC) project, Bill Gates didn’t make a virtual appearance to launch Microsoft Corp’s “Bersama Malaysia” (Together with Malaysia) initiative on April 19 that marked a significant milestone of its 28 years in the country.Read more

With data being “the new gold”, Malaysia is set to enjoy economic ripple effects from the RM4bil “Bersama Malaysia” initiative with tech giant Microsoft Corp that will also strengthen the country’s potential as a regional data hub. The initiative will see Microsoft set up its first data centre region in the country to deliver trustedRead more