Push for digitising Malaysia

Joint force: Najib with (from left) Maybank group chief strategy officer Michael Foong, group technology officer Mohd Suhail Amar Suresh, Ma, Ant Financial Services Group chairman Lucy Peng and senior vice-president Douglas Feagin at the Digital Free Trade Zone memorandum of understanding exchange ceremony.

For the country, which is developing a digital economy as a new source of growth for its gross domestic product (GDP), this project promises to generate trade worth RM286bil by 2025.

WHEN launching Malaysia’s digital free trade zone (DFTZ) jointly with Alibaba Group’s founder Jack Ma last Wednesday, Prime Minister Datuk Seri Najib Tun Razak’s opening remark was: “Today is a special day for Malaysia”.