Developing countries losing out to digital giants

Khazanah Research Institute senior adviser Dr Jomo Kwame Sundaram: " Malaysia should be both active and proactive in strengthening bilateral ties with China."

A new United Nations report warns that the potential benefits to developing countries of digital technologies are likely to be lost to a small number of successful first movers who have established digital monopolies. 

According to the Trade and Development Report 2018 (TDR 2018), subtitled ‘Power, Platforms and the Free Trade Delusion’, while developing countries need to invest more in digital infrastructure, they must also address the ownership and control of data and their use.