Businesses impeded by high cost of broadband services

THE good news is that Malaysians are highly connected to the Internet. The bad news is that businesses are not and the penetration of high-speed broadband in the country is impeded by its high cost.

The World Bank, in a report entitled Malaysia Economic Monitor for June, says the adoption of digital technologies in Malaysia is high, higher than any country in the region except for Singapore and that of many high-income economies.