Digital economy's contribution to GDP to hit at least 20% by year-end — MDEC
KUALA LUMPUR (Feb 25): The digital economy's contribution to gross domestic product (GDP) will easily reach 20% by year-end from 19.1% in the current Covid-19 pandemic environment, said Malaysia Digital Economy Corporation (MDEC). Business digital adoption director Muhundhan Kamarapullai said its contribution to the GDP had been already quite significant even prior to the pandemic at over 18% and now it had moved up to 19.1%. “From a digital economy standpoint, we have gained quite a bit in terms of how the acceleration of work has been done in the country. “From an economic perspective, ...
Source: theedgemarkets.com