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Guan Eng: Data is king, not cash


“When you talk about the digital economy, it is all about data... the previous government probably got it wrong when it said ‘Cash is king’,” Lim said.  “Cash is not king; data is king. So, when data is king, we not only have to have access, but also have to understand as well as leverage on this new platform,” he told a press conference after officiating at the SCxSC Fintech Conference 2018 here yesterday

“When you talk about the digital economy, it is all about data... the previous government probably got it wrong when it said ‘Cash is king’,” Lim said. “Cash is not king; data is king. So, when data is king, we not only have to have access, but also have to understand as well as leverage on this new platform,” he told a press conference after officiating at the SCxSC Fintech Conference 2018 here yesterday

KUALA LUMPUR: Cash is no longer king – data is – in today’s technology-driven world.

According to Finance Minister Lim Guan Eng, it is important for Malaysia to leverage on new technologies in this era of digital economy to advance further economically and socially.

Economy , Lim Guan Eng , digital economy

   

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