Digital economy expected to show significant growth


Yasmin: The top challenges in digital readiness in key industries are the lack of structured approach, unavailable or no prioritised budget and a lack of digitally skilled workforce.

KUALA LUMPUR: The digital transformation impact on the economy is expected to significantly increase by RM400bil by 2025, said Malaysia Digital Economy Corp (MDEC) CEO Datuk Yasmin Mahmood (pic).

In 2016, the digital economy contribution to Malaysia’s gross domestic product (GDP) was 18.2%.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Oil settles up on Mideast tensions, posts weekly loss
Will EVs take off in Malaysia?
MAS keeps currency policy unchanged to fight elevated inflation
Adnoc decides BP is not the ‘right fit’
Vietnam VinFast’s challenges pose risk to Vingroup
Right time to tap into alternative investments
Singapore economy expands 2.7% in 1Q
Unlocking success
Traders bet ECB will chart own rate-cut path
Nextgreen IOI Pulp in production facility deal

Others Also Read