HSBC Malaysia, MDEC inks MoU to drive digital leap for businesses in Malaysia


HSBC Malaysia CEO Stuart Milne (left) and MDEC CEO Surina Shukri (right).

KUALA LUMPUR: HSBC Malaysia and the Malaysia Digital Economy Corporation (MDEC) have signed a memorandum of understanding (MoU) focused on enhancing the adoption of technology among small and medium enterprises (SMEs), large local corporates and multinational companies (MNCs) in the country.

The signing marked the first MoU between both organisations, highlighting the critical role of public-private partnerships in mitigating the adverse effects of COVID-19 on businesses in Malaysia by encouraging companies to embrace digitalisation.

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