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%.