Malaysia prepares for the fourth industrial revolution Malaysia is setting up a new government entity to support the digital economy and the digitisation of businesses and administrative processes in the country. The National Council of Digital Economy and Fourth Industrial Revolution, chaired by Malaysian Prime Minister Muhyiddin Yassin, has endorsed the establishment of a new entity, the Digital Investment Office (DIO), to facilitate digital investments in Malaysia. The DIO is a fully-digital collaborative platform between the Malaysian Investment Development Authority and the Malaysia Digital Economy Corporation to coordinate and facilitate all digital investments, the latter institution said in a statement. The.
Published on: Saturday, April 24, 2021
By: Bernama
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Kuala Lumpur: With the announcement of the National Investment Aspirations, the government looks totally committed in taking Malaysia to the next level of economic progression by focusing on technology and innovation, said Juwai IQI Global chief economist Shan Saeed
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In analysing all the successful economies in modern times, one would find that they focused heavily on three key variables, namely technology, innovation and human capital, he said.
“With Malaysia successfully containing the Covid-19 spread, the government needs a strategy to move faster in terms of economic growth; hence this is an ideal strategy to kick-start the economy at a faster pace in the post-Covid landscape.
Malaysia sets up new Digital Investment Office By Digital News Asia April 23, 2021
DIO is a fully-digital collaborative platform between MIDA and MDEC
Objective: to create awareness on digital investments and to strengthen IPA coordination
THE NATIONAL Council of Digital Economy and Fourth Industrial Revolution (MED4IR), chaired by Malaysian prime minister Muhyiddin Yassin, has endorsed the establishment of the Digital Investment Office (DIO) to facilitate digital investments in Malaysia.
The DIO, which role is consistent with the MyDigital Blueprint and the National Investment Aspirations, is a fully-digital collaborative platform between the Malaysian Investment Development Authority (Mida) and Malaysia Digital Economy Corporation (MDEC) to coordinate and facilitate all digital investments, MDEC said in a statement.
MDEC appoints new chief strategy officer Details 21 April 2021
Malaysia Digital Economy Corporation (MDEC) has appointed Fadzli Abdul Wahit as its new chief strategy officer. Fadzli (pictured) will be tasked to sharpen MDEC’s corporate strategy in line with the Malaysia Digital Economy Blueprint (MyDIGITAL) and rapidly evolving global digital economy Cyberjaya.
In his new role, he will be reporting to CEO Surina Shukri. Fadzli will lead strategic planning for the lead agency driving the digital economy as well as transformation and change management across MDEC. He will also work closely with MDEC Operating Council, members of the leadership team, and its board of directors to define the organisation’s corporate strategy to deliver on its mission to enable an innovative, inclusive and technologically-integrated society in line with Malaysia 5.0.