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Malaysia’s digital economy is expected to contribute more than 20% to the country’s Gross Domestic Product (GDP) by 2020, exceeding the earlier target of 18.2%, set under the 11th Malaysia Plan.
STARTUPS have been in the limelight for a while now, and it’s timely that the community was highlighted in Budget 2017.
The Small and Medium Enterprise (SME) Development Bill, expected to be tabled in Parliament in December, would help SMEs achieve their targets for exports and contribution to GDP by 2020.
Alipay got its start in 2004 as a way for the customers of Alibaba Group Holding Ltd to more easily buy goods online. Now the business’s parent company may be worth US$75bil — more than Goldman Sachs Group Inc.
STAKEHOLDERS in e-commerce need to work closely with each other to explore issues, build discourse and find solutions to advance the industry, said Selangor Information Technology and E-Commerce Council (Sitec) chief executive Yong Kai Ping.
The future is digital, and if small businesses don’t want to get left behind, they must get on the digital bandwagon and look to e-commerce as an avenue for innovation and growth.
Local online food store, Foodmarket, notable for offering local delicacies, turned one this April. Founder-CEO Engku Isa Al-Husam says it’s been a challenging and rewarding 12 months so far. ZIEMAN reports.
CROWD-FUNDING entity pitchIN is the latest of several companies to launch an equity crowd-funding (ECF) platform, giving emerging companies and startups more options to turn to when they want to take their businesses to the next level.
Soft drink industry faces health challenges
MALAYSIAN companies can now leverage America’s Silicon Valley en route to going global, with a little helping hand from the Multimedia Development Corporation’s (MDeC) US office.