Solid foundation needed for new wave digitalisation


Senior vice-president, investment and brand division Raymond Siva said laying a solid foundation is critical to ensure that Malaysia could holistically transform itself into an advanced digital economy and the agency continued to see investment momentum in the digital tech industry domestically.

KUALA LUMPUR: Malaysia must lay a strong foundation to support the new wave of digitalisation, especially now that the Covid-19 pandemic has accelerated the growth of the digital economy and opened opportunities for a variety of new digital businesses, according to the Malaysia Digital Economy Corp (MDEC).

Senior vice-president, investment and brand division Raymond Siva said laying a solid foundation is critical to ensure that Malaysia could holistically transform itself into an advanced digital economy and the agency continued to see investment momentum in the digital tech industry domestically.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
digitalisation , MDEC , Raymond Siva , technologies ,

Next In Business News

Ringgit to trade in tight range between RM3.95 and RM3.96 next week
McDonald’s Malaysia to invest RM1bil over five years, open 100 restaurants
Nestle Malaysia and UPM Launch Halal@STEM Programme for Students
The festive cash tsunami
Building adaptation –the way forward
Youths say no to home buying
Creador Foundation, Censuria make strategic investments in local cafe chain Hock Kee Kopitiam
Inflation forecasts see-saw
Investors chase broadening markets
A question of adequate coverage

Others Also Read