Cooperatives vital for nation’s growth 16 Feb 2021 / 21:28 H.
THE cooperative movement should be strengthened and promoted in urban areas, as part of measures to contain inflation, introduce more choice and intensify competition.
In fact, Prime Minister Tan Sri Muhyiddin Yassin himself had precisely made the suggestion that the cooperative movement can help tackle rising cost of living. With government support, cooperatives can be a dominant force in the supply chain and ensure prices are stable and low over the long term.
This is in line with the government’s Prihatin approach to the economic challenges the country is facing. The cooperative movement can be described as not-for-profit “people-centred enterprises” owned, controlled and run by and for their members to realise their common economic, social, and cultural needs and aspirations.
Vice-president of digitally powered businesses (industry-supply) Gopi Ganesalingam said that in 2019, the digital economy had contributed 19.1% to the gross domestic product (GDP).
KUALA LUMPUR: The Malaysia Digital Economy Corp’s (MDEC) expectation to hit 20% growth in e-commerce contribution to the digital economy can be achieved as the Covid-19 pandemic has given a huge boost to digital adoption among entrepreneurs.
Vice-president of digitally powered businesses (industry-supply) Gopi Ganesalingam said that in 2019, the digital economy had contributed 19.1% to the gross domestic product (GDP).
“Sectors like MedTech, the Fourth Industrial Revolution (Industry 4.0) and Agri Tech will be forerunners in 2021, contributing to the rise in digital revenue, ” he told Bernama.
Published on: Monday, January 25, 2021
By: Bernama
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Kuala Lumpur: The Malaysia Digital Economy Corporation’s (MDEC) expectation to hit 20 per cent growth in e-commerce contribution to the digital economy can be achieved as the Covid-19 pandemic has given a huge boost to digital adoption among entrepreneurs.
Vice-president of digitally powered businesses (industry-supply) Gopi Ganesalingam said that in 2019, the digital economy had contributed 19.1 per cent to the gross domestic product (GDP).
“Sectors like MedTech, the Fourth Industrial Revolution (Industry 4.0) and Agri Tech will be forerunners in 2021, contributing to the rise in digital revenue,” he told Bernama.
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Gopi said Asean is one of the fastest-growing economies in the world. Connecting and promoting Malaysian tech business to the region, as a start, will be a huge boost.
KUALA LUMPUR (Jan 24): The Malaysia Digital Economy Corporation’s (MDEC) expectation to hit 20% growth in e-commerce contribution to the digital economy can be achieved, as the Covid-19 pandemic has given a huge boost to digital adoption among entrepreneurs.
Vice-president of digitally powered businesses (industry-supply) Gopi Ganesalingam said that in 2019, the digital economy had contributed 19.1% to the gross domestic product (GDP).
“Sectors like MedTech, the Fourth Industrial Revolution (Industry 4.0) and Agri Tech will be forerunners in 2021, contributing to the rise in digital revenue,” he told
Bernama.
Gopi said ASEAN is one of the fastest-growing economies in the world. Connecting and promoting Malaysian tech business to the region, as a start, will be a huge boost.
KUALA LUMPUR: The Malaysia Digital Economy Corporation’s (MDEC) expectation to hit 20% growth in e-commerce contribution to the digital economy can be.