The Malaysia Digital Economy Corporation (MDEC) expects investor confidence to get a boost as Malaysia accelerates its digital economy agenda with the recent announcement of the national digital economy blueprint MyDigital.
Based on the Department of Statistics Malaysia report, the digital economy’s contribution to gross domestic product (GDP) for 2019 stood at 19.1% or RM289.2bil. It is projected to hit 20% in 2020.
“Amid the Covid-19 pandemic which disrupted foreign direct investment (FDI) globally, we continue to build strong investment momentum in our digital tech industry, ” said MDEC investment and brand senior vice president Raymond Siva.
‘We are working hard to achieve our aspiration to become the Heart of Digital Asean,’ Siva said.
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Metamorphosis of the Middle East into a digital economy
Verdict Staff February 3, 2021 (Last Updated February 3rd, 2021 12:14)
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The process of adopting digital technologies and platforms is neither linear nor straightforward. The journey to digital enablement involves a paradigm shift in processes, workflows and even mindsets, supported by an evolving economic framework, explain James Mathew, CEO and managing partner, and Dr Anuraag Guglaani, partner – strategy, transformation, technology and cybersecurity at UHY James Chartered Accountants, an exclusive member firm of UHY International, UAE
Five of the top 10 companies in the world, in terms of market capitalisation, are digital. Back in 1995, the market capitalisation of the top 15 public internet companies was $16.7bn, by May 2016 their valuation had increased by 125 times to $2.1trn!
Published January 26, 2021, 7:58 PM
Independent think tank Stratbase Albert Del Rosario Institute (Stratbase ADRi) has recommended to the government the immediate implementation of the National Broadband Plan (NBP) to help ensure accelerated economic recovery that the country needs as a result of the adverse effects of the COVID-19 pandemic.
Prof. Dindo Manhit (Facebook)
In a recent statement, Prof. Dindo Manhit, Stratbase ADRi president, underscored the importance of executing the broadband program in addressing the soaring demand for reliable and fast broadband services needed by all sectors to sustain their respective operations.
The NBP is the government’s broadband infrastructure blueprint that requires the installation of fiber optic and wireless technologies to vastly improve internet accessibility, broadband speed, and even affordability to Filipinos.
VIDEO: Mohammed approves National Policy for Quality of Digital Life
26 Jan 2021 Sheikh Mohammed arrives for the launch of ‘Positive Digital Citizenship Values and Behaviours Code.’
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, approved the National Policy for Quality of Digital Life, to create a safe digital community in the UAE and promote a positive identity through appropriate digital interactions.
Sheikh Mohammed bin Rashid and several ministers attended the launch of the Positive Digital Citizenship Values and Behaviours Code, which aims to establish a framework for positive digital citizenship values and behaviour in the UAE and consists of ten articles.