CYBERJAYA, 16 DECEMBER 2025 &ndash; The Malaysia Digital Economy Corporation(MDEC), an agency under the Ministry of Digital (KD), today announced a landmark first-time collaboration with the Chungju City Government, Republic of Korea. This strategic&nbsp;partnership focuses on collaboratively driving Digital Transformation across the agriculture sector, advancing the development of Digital Farmers, addressing national Food Security and boosting the growth of the Digital Economy, in alignment with the Malaysia Digital (MD) AgTech initiative by MDEC.

This strategic collaboration reinforces Malaysia&rsquo;s commitment to catalysing a vibrant and resilient digital ecosystem development with digital technology adoption serving as key enablers of national digital economy transformation, supporting Malaysia&rsquo;s aspiration to become an AI Nation by 2030, where AI empowers industries, enhances competitiveness, and improves quality of life for all Malaysians. Digital agriculture is an important pillar of this vision, enabling precision monitoring, intelligent farm management,&nbsp;resilient food systems and focused on inclusive, sustainable and scalable productivity growth through the empowerment of digital adoption.

MDEC continues to collaboratively catalyse Digital AgTech adoption under the Malaysia Digital (MD) AgTech initiative, as part of its broader mandate to operationalise AI across priority economic sectors, including agriculture, reaffirming MDEC&rsquo;s commitment as the appointed National Strategic Digital Technology Validator by the Ministry of Agriculture and Food Security (KPKM), its official endorsement as one of the national Digital&nbsp;Agriculture Transformation initiatives under the National Food Security Blueprint by&nbsp;Malaysia&rsquo;s Ministry of Agriculture and Food Security, as well as the recent global recognition by the esteemed Food and Agriculture Organizations of the United Nations (UNFAO). 
&nbsp;

Chief Executive Officer (CEO) of MDEC, Anuar Fariz Fadzil, said MDEC remains focused 
on translating national AI aspirations into tangible, sector-wide impact. &ldquo;This first-ever collaboration with the Chungju City Government, Republic of Korea is a strong example of how cross border partnerships can accelerate AI adoption in agriculture, uplifting farmers&rsquo; livelihoods, strengthening food security, and future-proofing Malaysia&rsquo;s agrofood ecosystem, empowered with digital adoption,&rdquo; he said.

This significant collaboration builds on the successful Malaysia&ndash;Republic of Korea Government-to-Government (G2G) Digital AgTech initiative launched in 2022, involving the Ministry of Digital (KD), Ministry of Agriculture and Food Security (KPKM), and MDEC from Malaysia, alongside the Republic of Korea&rsquo;s Ministry of Science and ICT (MSIT) and the National Information Society Agency (NIA). This G2G Digital AgTech initiative&nbsp;successfully deployed three AI-powered Digital AgTech systems in Malaysia, namely the AI Smart Fertigation System, AI Smart Irrigation System, and AI Pest Detection System, marking a key milestone in bilateral digital agriculture technology (AgTech) cooperation towards Digital AgTech adoption at potential scale.

Following continued engagement, the Chungju City Government, together with ecosystem partners SimplyCare Bio (Republic of Korea) and Serunai Commerce Sdn&nbsp;Bhd (Malaysia), a Malaysia Digital (MD) status company, has focused collaboration across three strategic areas: digital agriculture technology (AgTech) knowledge, technology transfer, halal digitalisation, cross border digital ecosystem engagement and the adoption of best innovative practices. 
&nbsp;

These tripartite engagements have culminated in the Chungju City Government&rsquo;s commitment to formalise cooperation with MDEC through an official Letter of Intent (LOI),&nbsp;to be exchanged during an official delegation visit to Malaysia led by His Honourable, Mayor Cho Gil-Hyeong today.

In addition, a Memorandum of Understanding (MoU) will be exchanged between Serunai Commerce Sdn Bhd, SimplyCare Bio, and the Chungju City Government, marking the commencement of a cross-border collaboration to advance halal digitalisation, digital certification readiness, and trusted digital frameworks for agricultural based products. 
&nbsp;

​​​​​​​The digital economy transformation of the agricultural sector remains a national priority under the National Agrofood Policy (DAN 2.0), the National Food Security Policy Action Plan, and the key strategic thrusts under the National Digital Economy and Fourth Industrial Revolution Council (MED4IRN). Through strong collaboration among the Ministry of Digital, the Ministry of Agriculture and Food Security, the Ministry of Economy, state governments and related agencies, MDEC remains committed to engaging with advanced benchmark countries such as the Republic of Korea to ensure inclusive, sustainable and scalable sectoral growth towards collaboratively catalysing Malaysia&rsquo;s national Digital Transformation agenda and the continued expansion of the Digital Economy.

-END-

MDEC, MALAYSIA AND CHUNGJU CITY GOVERNMENT, REPUBLIC OF KOREA, LAUNCH DIGITAL AGTECH COLLABORATION TO ADVANCE AI NATION 2030  AGENDA

DUBAI, 31 October 2025 &ndash; Malaysia Digital Economy Corporation (MDEC) led the nation&rsquo;s participation at Expand North Star (ENS) and GITEX Dubai 2025, presenting Malaysia as a hub for innovation and technological advancement. These platforms provided a high-profile stage to showcase the country&rsquo;s cutting-edge solutions, engage with key regional players, and highlight the capabilities of Malaysian businesses across emerging sectors such as fintech, artificial intelligence (AI), and digital services. 

Strong ties between Malaysia and the Middle East, particularly the UAE, created strategic opportunities for Malaysian companies to tap into one of the region&rsquo;s most dynamic digital economies. MDEC played a central role in facilitating these engagements, ensuring that businesses could navigate the regional landscape effectively and access avenues for collaboration and knowledge exchange. Through these initiatives, Malaysian companies explored new markets, tested innovative solutions, and strengthened their operational and strategic capacities, contributing to the broader development of digital ecosystems within the Middle East &amp; North Africa (MENA) region. 

Fifteen Malaysian tech companies participated in ENS and GITEX Dubai, with eight joining as part of the official delegation. Their presence attracted significant interest from regional stakeholders, resulting in over RM500 million in digital export opportunities and over RM700 million in potential digital investments into Malaysia. This outcome highlights the effectiveness of the country&rsquo;s coordinated approach, which combines government support, industry expertise, and entrepreneurial innovation to drive sustainable growth in the technology sector. The active involvement of start-ups, scale-ups, and established firms exemplifies Malaysia&rsquo;s diverse and vibrant tech ecosystem. 

MDEC continues to drive Malaysia&rsquo;s ambition as the ASEAN Digital Hub, championing initiatives that promote innovation, talent development, and sustainable business growth. Participation in ENS and GITEX Dubai reinforced the country&rsquo;s commitment to digital transformation and demonstrated how Malaysian companies can leverage international platforms to accelerate development.

&ldquo;MDEC&rsquo;s participation at ENS and GITEX 2025 reflects our dedication to advancing Malaysia&rsquo;s digital economy. These engagements highlight the strength of our technology ecosystem, with MD companies recording RM44.6 billion in approved investments as of August 2025, reflecting the strong confidence our investors and partners have in Malaysia&rsquo;s capabilities. Our focus remains on creating a sustainable ecosystem that nurtures talent, empowers businesses, and ensures Malaysia continues to develop as a&nbsp;leading force in the technology landscape,&rdquo; said Anuar Fariz Fadzil, Chief Executive Officer of MDEC. 

At the same event, a total of three Memoranda of Understanding (MoUs) were exchanged between Malaysian technology companies and their international counterparts. The exchanges involved Axai Digital Sdn Bhd with E3 Middle East Entrepreneur Network LLC FZ, Ultrack Technology Sdn Bhd with iOmniscient Pty Ltd, and Vulsan X Cydef Sdn Bhd with Secumailer. These collaborations aim to establish strategic partnerships that leverage complementary strengths to drive innovation, enable market expansion, and deliver integrated, secure, and sustainable technology solutions across key industries. These agreements further underscore Malaysia&rsquo;s growing reputation as a trusted digital innovation partner globally. 

Malaysia&rsquo;s participation in ENS and GITEX 2025 underscores the nation&rsquo;s ongoing commitment to fostering innovation, supporting enterprise growth, and cultivating an ecosystem where start-ups, scale-ups, and established companies can thrive. Through such initiatives, Malaysian businesses are well-positioned to lead in the digital economy and shape the future of regional and international digital markets. 

​​​​​​​Issued by:

Corporate Communications Division 

Malaysia Digital Economy Corporation (MDEC)

MDEC Puts Malaysia at the Forefront of Digital Innovation at ENS and GITEX Dubai 2025

SINGAPORE, 23 October 2025 &ndash; Malaysia has strengthened its position as a leading destination for digital investments in ASEAN, following the mission led by YB Gobind Singh Deo, Minister of Digital, to the Singapore International Cyber Week (SICW) 2025, held from 21 to 23 October 2025. 

The high-impact mission had successfully secured RM15 billion in approved digital investments from Singapore-based technology companies. These investments are a direct outcome of the Malaysia Digital (MD) initiative, a national strategy to drive digital transformation, attract high-value investments, and enhance Malaysia&rsquo;s global competitiveness within the tech ecosystem. 

Minister of Digital Gobind Singh Deo said that the mission aimed to strengthen Malaysia&ndash;Singapore collaboration by fostering strategic partnerships, driving crossborder innovation with key digital players and promoting Malaysia as the gateway to ASEAN for global and regional technology companies. 

&ldquo;We are proud to witness such strong confidence from Singapore-based investors. This will accelerate the development of Malaysia&rsquo;s data infrastructure and firmly position the nation as the region&rsquo;s leading hub for technology and innovation in ASEAN. We are excited to deepen this cross-border collaboration for mutual digital prosperity,&rdquo; he added. 

Meanwhile, Gopi Ganesalingam, Senior Vice President of Industry and Ecosystem at MDEC, reaffirmed Singapore&rsquo;s pivotal role as a long-term partner in Malaysia&rsquo;s digital transformation journey. 

&ldquo;Singapore remains one of our most important investment partners. The investments secured through this mission mark a significant milestone for the Malaysia Digital (MD) initiative and our efforts to position Malaysia as the Digital Heart of ASEAN,&rdquo; said Gopi. 

As part of the mission, several companies were officially awarded MD Status, committing to substantial digital investments and job creation targets that will directly support Malaysia&rsquo;s digital transformation, AI development, and talent ecosystem.

* AOLANI Cloud &ndash; Committed RM10.8 billion to establish advanced data centres and cloud infrastructure in Malaysia to support high-performance computing and AI applications. 

&bull; MYS AssetCo (DDSP) &ndash; Announced an initial amount of RM1.7 billion investment to develop hyperscale data centre and supporting energy infrastructure. 

&bull; Easybook &ndash; Invested RM1.4 billion to expand its digital mobility services, establishing a regional R&amp;D Centre and operations hub in Malaysia. 

&bull; Bitdeer Technologies Group &ndash; Committed RM1.1 billion to set up blockchain digital infrastructure catering to global digital asset operations. 

MDEC&rsquo;s approved digital investments from Singapore in 2025 amounted to RM25.18 billion, across key digital sectors including data centres, AI development, mobility solutions, and blockchain infrastructure. These milestones underscore Malaysia&rsquo;s continued success in attracting quality and high-impact investments. 

In conjunction with SICW 2025, the Malaysian delegation also attended the 10th ASEAN Ministerial Conference on Cybersecurity (AMCC), where discussions focused on strengthening regional cyber resilience, cross-border data governance, and multistakeholder collaboration to safeguard the region&rsquo;s digital ecosystem. 

The Singapore Mission reflects Malaysia&rsquo;s unwavering commitment to advancing its digital leadership through innovation, sustainability, and trusted international partnerships. Guided by the Malaysia Digital (MD) initiative, MDEC and the Ministry of Digital continue to drive strategic collaborations that position Malaysia as the digital heart of ASEAN. 

For more information, visit MDEC&rsquo;s website <a href="https://mdec.my/" target="_blank">https://mdec.my</a> 

&nbsp;

Issued by: 

Corporate Communication Division 

Malaysia Digital Economy Corporation (MDEC)

MALAYSIA SECURES RM15 BILLION IN DIGITAL INVESTMENTS AT SINGAPORE INTERNATIONAL CYBER WEEK 2025

CYBERJAYA, SELANGOR, 16 October 2025 &mdash; Malaysia Digital Economy&nbsp; Corporation (MDEC) has hailed the &lsquo;Belanjawan MADANI 2026&rsquo; as a &lsquo;strategic whole of-nation catalyst&rsquo; that will accelerate Malaysia&rsquo;s journey to become an AI Nation by&nbsp;2030.

 
MDEC Chief Executive Officer, Anuar Fariz Fadzil, described the budget recently announced by Prime Minister Datuk Seri Anwar Ibrahim and reinforced by Digital Minister Gobind Singh Deo, as a bold yet practical blueprint that strengthens the foundations of a secure, inclusive, and innovation-driven digital economy.

 
&ldquo;This Budget recognises that building our digital and AI future requires a whole-of nation effort. It aligns investment in AI, advanced technologies and talent with the needs of our industries and the rakyat,&rdquo; said Anuar. &ldquo;MDEC&rsquo;s mission is to turn this national vision into tangible outcomes; building ecosystems, partnerships and talent pathways that will propel Malaysia towards AI Nation 2030.&rdquo;

 
Anuar highlighted key allocations that demonstrate this strategic coherence in building&nbsp;an AI Nation. These include RM53 million for the Malaysia Digital Acceleration Grant&nbsp;(MDAG), RM18 million for the National AI Office; RM2 billion for MCMC to establish&nbsp;Sovereign AI Cloud, RM30 million for Cyber Security Malaysia which will include the&nbsp;development of cryptographic security services and RM7 million for MIMOS to&nbsp;spearhead blockchain innovation and deepfake detection.

 
Anuar further cited that the MDAG allocation reflects strong support to the Ministry of Digital&#39;s drive to integrate NextGen Tech into Malaysia&rsquo;s future digital agenda, fostering a culture of innovation and technological advancement. This is crucial to accelerate the adoption and growth of emerging technologies like blockchain, AI, and quantum&nbsp;computing, which are shaping the next wave of digital transformation. Such strategic&nbsp;funding will further empower Malaysia Digital (MD) companies, particularly those in&nbsp;their commercialisation and expansion phases, to scale as significant regional and&nbsp;global players in the digital economy.

 
He also emphasised the critical RM5.9 billion allocation for R&amp;D, commercialisation, and innovation (R&amp;D&amp;C&amp;I) as a vital investment to stimulate high-value industries and expand Malaysia&rsquo;s innovation pipeline. This allocation signals a concerted effort to position Malaysia as a regional innovation hub; one that nurtures NextGen technologies, strengthens public-private collaboration, and drives the commercialisation of Made by Malaysia innovations into globally competitive solutions.

 
&quot;Coupled with transformative infrastructure projects such as the RM2 billion SALAM Cable, and the RM2 billion Sovereign AI Cloud, Malaysia is not only strengthening its digital backbone, but we are shaping ourselves as a global contributor,&rdquo; Anuar added.

&nbsp;

Complementing initiatives that drive high-value industries is the government&rsquo;s focus&nbsp; 
on the orange economy. Under the MADANI Budget, the RM20 million for the local&nbsp; 
animation and digital games sector was framed as a strategic move to capture a share&nbsp; 
of the global creative economy. &ldquo;The RM20 million seed fund for the animation and&nbsp; 
games sector was framed as a strategic move to capture a share of the global creative&nbsp; 
economy. &ldquo;The Orange Economy alone is projected to add RM32 billion to GDP by&nbsp; 
2030. The momentum from Level Up KL 2025, and home-grown successes like Upin&nbsp; 
&amp; Ipin Universe prove that Malaysian creativity and technology can compete globally,&rdquo;&nbsp;he said.

&nbsp;

&ldquo;At the same time, we are accelerating the growth of Malaysia&rsquo;s AI talent. In line with&nbsp; 
this, MDEC lauded the 50% tax deduction given to SMEs for their expenditure on AI&nbsp; 
and cybersecurity trainings. We aim to inspire every Malaysian to seize new&nbsp; 
opportunities in the AI-driven economy; through upskilling, innovation, and the many&nbsp; 
initiatives made available under this Budget,&rdquo; Anuar stated.

&nbsp;

Anuar reaffirmed MDEC&rsquo;s role as the strategic bridge between policy and practice.&nbsp; 
&ldquo;Belanjawan MADANI 2026 sets the tempo for execution. MDEC will work closely with&nbsp; 
all partners &mdash; from ministries and industry leaders to local communities &mdash; to mobilise&nbsp; 
these allocations, ensuring every ringgit invested delivers measurable national&nbsp; 
impact.&rdquo;

BELANJAWAN MADANI 2026 A ‘STRATEGIC WHOLE-OF-NATION CATALYST’ FOR AI NATION 2030, SAYS MDEC

KUALA LUMPUR, 18 September 2025 &mdash; Malaysia today marked a significant milestone in its journey toward inclusive, people-centric digital transformation. At the Smart City Expo Kuala Lumpur 2025 (SCEKL25), YB Gobind Deo Singh, Minister of Digital, witnessed the exchange of three landmark Memorandums of Understanding (MoUs) and one Letter of Collaboration. Held at the Future Citizen Stage, the event brought together city leaders, global innovators, and local institutions to demonstrate how AI and 5G technologies are shaping the region&rsquo;s urban future. 

As ASEAN&rsquo;s first global platform dedicated to AI Cities, SCEKL25 served as the ideal stage for these strategic announcements. The document exchanges, between Digital Nasional Berhad (DNB) and Malaysia Digital Economy Corporation (MDEC) and players in the smart cities and AI sector, underscored Malaysia&rsquo;s leadership in convening regional stakeholders&mdash;industry players, policymakers, and communities&mdash;to drive smart, sustainable, and inclusive urban innovation. 

Datuk Azman Ismail, Chief Executive Officer of DNB, said, &ldquo;These collaborations reflect our determination to build a future-ready Malaysia. By combining the strengths of global technology leaders and local institutions, we are laying the foundation for AI-powered cities, inclusive digital ecosystems, and a skilled public sector. Together, we are not just imagining the future&mdash;we are building it.&rdquo; 

En Anuar Fariz Fadzil, Chief Executive Officer of MDEC, added, &ldquo;At MDEC, we are committed to keeping progress human-centred. If we hold onto this principle, we can harness AI as a force for good&mdash;ensuring its benefits reach everyone: government, large enterprises, SMEs, youth, and communities across the nation. &ldquo;In this light, the MoUs signed today reflect our commitment to building AI Cities and digital ecosystems that serve real human needs. By working with global leaders and national partners, we are embedding AI into areas such as urban sustainability, climate resilience, digital rakyat services, and future-ready skills. These collaborations show that Malaysia is not only adopting technology&mdash;it is shaping it responsibly to improve lives and strengthen our position as a digital hub for ASEAN.&rdquo; 

The first MoU was signed between DNB and Ericsson, launching the 21st Century Technologies Education Programme. This four-hour course aims to upskill civil servants in local councils and public agencies with practical knowledge in artificial intelligence, 5G, and the Internet of Things.

David H&auml;gerbro, Head of Ericsson Malaysia, Sri Lanka, and Bangladesh, stated, &ldquo;Malaysia is uniquely positioned to become a leading AI nation, supported by its world-class 5G network, growing data centre investments, and advanced cloud infrastructure. But technology alone isn&rsquo;t enough&mdash;the government workforce is a key driver of this ambition. That&rsquo;s why Ericsson is proud to collaborate with DNB to equip public sector employees with the skills needed to turn Malaysia&rsquo;s digital vision into reality.&rdquo; 

The second agreement formalised a Letter of Collaboration between DNB and Amazon Web Services (AWS) to co-develop a national AI Cities platform. This initiative will integrate cloud infrastructure, machine learning, and advanced data analytics to enable real-time urban operations and predictive decision-making. By establishing this digital backbone, Malaysia is advancing toward smarter, more responsive governance&mdash; highlighting the transformative role of cloud and AI technologies in delivering national impact. 

The third MoU brought together DNB, MDEC and the Malaysian Smart City Alliance Association (MSCA) to jointly develop frameworks and standards for AI Cities in Malaysia. These frameworks will guide the integration of technology into daily life, enhancing mobility systems, digital citizen services, and sustainable urban solutions. 

Ts. Dr. Raslan Ahmad, Chairman of MSCA, said, &ldquo;This partnership is a commitment to transforming how Malaysians live, work, and interact in their cities. Together with DNB and MDEC, MSCA is focused on enabling AI-driven, 5G-powered solutions that make communities safer, services smarter, and everyday life more seamless.&rdquo;

The final MoU was signed between MDEC and Dell Technologies&rsquo; AI Innovation Hub, establishing a testbed for climate AI prediction in Penang&rsquo;s UNESCO World Heritage Zone. This project aims to protect cultural heritage while enhancing environmental resilience through AI. 

Sumash Singh, Managing Director, Malaysia and Indonesia, Dell Technologies, emphasized, &ldquo;Malaysia&rsquo;s cities face real challenges that demand responsible technology. Malaysia is not standing on the sidelines of digital transformation&mdash;it is leading the way as ASEAN&rsquo;s convener of inclusive, future-ready smart cities.&rdquo; 

Issued by: 

Corporate Communications Division 

Malaysia Digital Economy Corporation (MDEC)

MALAYSIA SHAPES HUMAN-CENTRED AI CITIES THROUGH FOUR LANDMARK COLLABORATIONS

KUALA LUMPUR, 17 September 2025 &ndash; Malaysia Digital Economy Corporation (MDEC), in strategic partnership with Synapze Sdn Bhd, today launched the Malaysia Digital Xceleration (MDX) Summit 2025, officiated by Minister of Digital, YB Gobind Singh Deo.

Carrying the theme &ldquo;Catalysing Malaysia&rsquo;s Trillion-Dollar Digital Future&rdquo;, MDX now in&nbsp;its third year, is being held from 17 &ndash; 19 September 2025 at the Kuala Lumpur Convention Centre. The summit showcases the latest breakthroughs in emerging technologies, digital transformation, and innovation bringing together global leaders, industry pioneers and policymakers to advance Malaysia&rsquo;s goal of achieving a 30% digital economy contribution to GDP by 2030.

Among this year&rsquo;s line-up of distinguished speakers are Dr. Keyu Jin (London School&nbsp;of Economics), Nicklas Bergman (technology investor and entrepreneur), alongside leading Malaysian innovators and policymakers. Their insights will spotlight how ASEAN, with its digital economy projected to hit USD 1 trillion by 2030, can leverage Malaysia&rsquo;s leadership to become a global digital powerhouse.

Over 5,000 participants are expected to attend MDX Summit 2025, including&nbsp;entrepreneurs, investors, corporate leaders, trade associations, and digital professionals. The summit features conferences, immersive exhibitions, high-impact networking sessions and policy roundtables, creating opportunities for cross-border collaborations and strategic investments.

This year&rsquo;s MDX is anchored on five Next-Gen focus areas: 
&bull; Next-Gen Data &ndash; Seamless data ecosystems for economic growth. 
&bull; Next-Gen Computing &ndash; Harnessing AI, quantum computing, and advanced cryptography. 
&bull; Next-Gen Trust &ndash; Promoting ethical and secure data sharing. 
&bull; Next-Gen Creativity &ndash; Blending human ingenuity with digital innovations such as&nbsp;avatars and virtual cities. 
&bull; Next-Gen Talent &ndash; Empowering Malaysia&rsquo;s future workforce with digital skills. 
&nbsp;

MDX Summit 2025 is running alongside the inaugural SmartGOV Malaysia 2025, in&nbsp;collaboration with National Digital Department (JDN). SmartGOV Malaysia 2025&nbsp;highlights the government&rsquo;s journey in embracing digital transformation. Through AI powered public services, digital permits, and smart city planning, SmartGOV Malaysia 2025 demonstrates how technology can transform public services, reduce bureaucracy, and deliver greater efficiency to the Rakyat.

Together, MDX Summit 2025 and SmartGov highlight Malaysia&rsquo;s capabilities in&nbsp;harnessing its nationwide 5G network and the broader Malaysia Digital (MD) ecosystem of solutions, talent, and infrastructure, underscoring the nation&rsquo;s commitment to inclusivity, resilience, and sustainability in the digital economy.

&ldquo;MDX Summit 2025 is more than just a showcase of technology, it is a platform for action. By connecting global innovators, local talent, investors, and policymakers, we are building the partnerships that will drive Malaysia&rsquo;s digital economy forward. Together with SmartGOV Malaysia and the Smart City Expo Kuala Lumpur 2025, MDX reinforces Malaysia&rsquo;s position as ASEAN&rsquo;s trusted digital hub, ready to catalyse a trillion-dollar future,&rdquo; said Anuar Fariz Fadzil, Chief Executive Officer of MDEC.

As a flagship initiative under MD, MDX Summit 2025 cements Malaysia&rsquo;s status as ASEAN&rsquo;s premier digital hub. The summit serves as a world-class platform for collaboration, digital adoption, and high-value investments, strengthening the nation&rsquo;s&nbsp;thriving digital ecosystem and reinforcing its role as a regional leader in digital transformation. This year&rsquo;s summit is proudly supported by its main sponsor, Yayasan Peneraju.

In conjunction with MDX Summit 2025, the Ministry of Digital and MDEC also announced the recipients of the Malaysia Digital Acceleration Grant &ndash; Artificial Intelligence (MDAG-AI). MDAG-AI, which was introduced in July 2025, is a funding initiative that supports local MD companies in accelerating the development and adoption of AI-driven solutions with&nbsp;high commercial potential, supporting Malaysia&rsquo;s drive to scale emerging technologies&nbsp;and strengthen digital competitiveness. Under MDAG‑AI, eligible companies could apply&nbsp;for funding covering up to 70% of total project costs, capped at RM2 million, for projects running up to one year.

The recipients of MDAG-AI are Elliance Sdn Bhd, AAE Solution Sdn Bhd, Ventionex&nbsp;Innovations Sdn Bhd, SmartPeep Sdn Bhd, Hexa IOT Sdn Bhd, Vulsan X Cydef Sdn Bhd, Jess Technology Sdn Bhd, Cuscapi Innovation Lab Sdn Bhd, Cargo4u Sdn Bhd, Macro Kiosk Berhad, Health4u Solutions Sdn Bhd, Caction Sdn Bhd, and Clazzy Sdn Bhd. 

For further information on MDX Summit 2025, kindly visit <a href="https://mdxsummit.com " target="_blank">https://mdxsummit.com&nbsp;</a>

Issued by:

Corporate Affairs Division 
Malaysia Digital Economy Corporation (MDEC)

MDX Summit 2025 Catalysing Malaysia’s Trillion-Dollar Digital Future

KUALA LUMPUR, 4 September 2025 &ndash; The Malaysia Digital Economy Corporation (MDEC) has successfully concluded the 2025 edition of DEX CONNEX, a flagship series under its Gateway, Amplify, Invest and Nurture (GAIN) programme. This platform continues to play a key role in linking Malaysian technology companies with high-growth regional markets, driving substantial digital export opportunities and reinforcing Malaysia&rsquo;s position as ASEAN&rsquo;s leading digital hub. 

This year&rsquo;s DEX CONNEX connected 217 Malaysian technology companies with highpotential markets across Indonesia, the Philippines, Thailand, and Vietnam, fostering robust cross-border collaborations and unlocking new pathways for growth. 

The 2025 edition secured more than RM1 billion in estimated digital export opportunities, with a total of 55 Memoranda of Understanding (MoUs) and Memoranda of Agreement (MoAs) exchanged with 219 partners across the region. These agreements spanned strategic sectors including artificial intelligence (AI), cloud services, digital platforms, smart city solutions, cybersecurity, fintech, data centres and agritech. 

MDEC Chief Executive Officer, Anuar Fariz Fadzil, underscored the broader significance of the initiative, noting its role in cementing Malaysia&rsquo;s leadership in regional collaboration. 

&ldquo;DEX CONNEX is more than a platform&mdash;it is a catalyst for building resilient, inclusive, and sustainable digital ecosystems across ASEAN. By connecting technology companies with global markets, we are creating high-value opportunities that empower businesses, nurture talent, and position Malaysia as a leading digital ecosystem,&rdquo; he said. 

Highlights of DEX CONNEX 2025: Indonesia 

&bull; Facilitated 26 MoUs with export opportunities. 

&bull; Benefited 83 Malaysian tech firms, with collaborations in AI, cybersecurity, and digital infrastructure. 

Philippines 

&bull; 49 Malaysian companies partnered with 43 Filipino counterparts, exchanging 14 MoUs. 

&bull; Included a landmark agreement with Data Centre Incorporated to accelerate digital innovation.

Thailand 

&bull; 52 Malaysian companies engaged with 52 Thai counterparts, underscored by the successful exchange of 11 MoUs. 

&bull; A major highlight was the renewal of MDEC&rsquo;s MoU with Thailand&rsquo;s Digital Economy Promotion Agency (depa), first inked in 2023 and witnessed by Prime Minister Datuk Seri Anwar Ibrahim. The renewed MoU will strengthen joint initiatives and digital knowledge exchange between both nations. 

Vietnam (Series Finale) 

&bull; Gathered 33 Malaysian tech companies and 45 Vietnamese partners. 

&bull; Four key Memorandums of Understanding (MoUs) were exchanged, reinforcing bilateral innovation and collaboration. 
 
Malaysian Tech Companies and&nbsp;&nbsp;Vietnam Partners 

* IX Telecom Sdn Bhd - Netnam Corporation 

* IX Telecom Sdn Bhd - Vietnam Posts and Telecommunications Group (VNPT) 

* Entomal Biotech Sdn Bhd - Wesco Company Limited 

* Eco Community Sdn Bhd - eCommunity Vietnam.

&nbsp;

​​​​​​​Anuar further added &ldquo;By fostering cross-border collaborations, we are not only driving economic growth but also ensuring that digital transformation benefits all layers of society, creating a future-ready workforce and sustainable digital economies.&rdquo; 

Since its inception in 2017, the GAIN programme through DEX CONNEX has generated RM47.13 billion in revenue and RM15.4 billion in exports, cementing its role as a catalyst for Malaysia&rsquo;s global digital economy expansion. 

This year&rsquo;s achievements further align with the Malaysia Digital Economy Blueprint, reinforcing the nation&rsquo;s ambition for the digital economy to contribute 25.5% to Malaysia&rsquo;s GDP by 2030. 

For further information on MDEC&rsquo;s initiatives, <a href="https://mdec.my/">visit www.mdec.my.</a> 

Issued by: 

Corporate Affairs Division 

Malaysia Digital Economy Corporation (MDEC)

KUALA LUMPUR, 4 September 2025 &ndash; The Malaysia Digital Economy Corporation (MDEC) has successfully concluded the 2025 edition of DEX CONNEX, a flagship series under its Gateway, Amplify, Invest and Nurture (GAIN) programme. This platform continues to play a key role in linking Malaysian technology companies with high-growth regional markets, driving substantial digital export opportunities and reinforcing Malaysia&rsquo;s position as ASEAN&rsquo;s leading digital hub. 

This year&rsquo;s DEX CONNEX connected 217 Malaysian technology companies with highpotential markets across Indonesia, the Philippines, Thailand, and Vietnam, fostering robust cross-border collaborations and unlocking new pathways for growth. 

The 2025 edition secured more than RM1 billion in estimated digital export opportunities, with a total of 55 Memoranda of Understanding (MoUs) and Memoranda of Agreement (MoAs) exchanged with 219 partners across the region. These agreements spanned strategic sectors including artificial intelligence (AI), cloud services, digital platforms, smart city solutions, cybersecurity, fintech, data centres and agritech. 

MDEC Chief Executive Officer, Anuar Fariz Fadzil, underscored the broader significance of the initiative, noting its role in cementing Malaysia&rsquo;s leadership in regional collaboration. 

&ldquo;DEX CONNEX is more than a platform&mdash;it is a catalyst for building resilient, inclusive, and sustainable digital ecosystems across ASEAN. By connecting technology companies with global markets, we are creating high-value opportunities that empower businesses, nurture talent, and position Malaysia as a leading digital ecosystem,&rdquo; he said. 

Highlights of DEX CONNEX 2025: Indonesia 

&bull; Facilitated 26 MoUs with export opportunities. 

&bull; Benefited 83 Malaysian tech firms, with collaborations in AI, cybersecurity, and digital infrastructure. 

Philippines 

&bull; 49 Malaysian companies partnered with 43 Filipino counterparts, exchanging 14 MoUs. 

&bull; Included a landmark agreement with Data Centre Incorporated to accelerate digital innovation.

Thailand 

&bull; 52 Malaysian companies engaged with 52 Thai counterparts, underscored by the successful exchange of 11 MoUs. 

&bull; A major highlight was the renewal of MDEC&rsquo;s MoU with Thailand&rsquo;s Digital Economy Promotion Agency (depa), first inked in 2023 and witnessed by Prime Minister Datuk Seri Anwar Ibrahim. The renewed MoU will strengthen joint initiatives and digital knowledge exchange between both nations. 

Vietnam (Series Finale) 

&bull; Gathered 33 Malaysian tech companies and 45 Vietnamese partners. 

&bull; Four key Memorandums of Understanding (MoUs) were exchanged, reinforcing bilateral innovation and collaboration. 
 
Malaysian Tech Companies and&nbsp;&nbsp;Vietnam Partners 

* IX Telecom Sdn Bhd - Netnam Corporation 

* IX Telecom Sdn Bhd - Vietnam Posts and Telecommunications Group (VNPT) 

* Entomal Biotech Sdn Bhd - Wesco Company Limited 

* Eco Community Sdn Bhd - eCommunity Vietnam.

&nbsp;

​​​​​​​Anuar further added &ldquo;By fostering cross-border collaborations, we are not only driving economic growth but also ensuring that digital transformation benefits all layers of society, creating a future-ready workforce and sustainable digital economies.&rdquo; 

Since its inception in 2017, the GAIN programme through DEX CONNEX has generated RM47.13 billion in revenue and RM15.4 billion in exports, cementing its role as a catalyst for Malaysia&rsquo;s global digital economy expansion. 

This year&rsquo;s achievements further align with the Malaysia Digital Economy Blueprint, reinforcing the nation&rsquo;s ambition for the digital economy to contribute 25.5% to Malaysia&rsquo;s GDP by 2030. 

For further information on MDEC&rsquo;s initiatives, <a href="https://mdec.my/">visit www.mdec.my.</a> 

Issued by: 

Corporate Affairs Division 

Malaysia Digital Economy Corporation (MDEC)

MDEC DEX CONNEX 2025 SECURES MORE THAN RM1 BILLION IN DIGITAL EXPORTS, STRENGTHENING ASEAN DIGITAL TIES

KUALA LUMPUR, 13 August 2025 &ndash; IMMERSE KL x CelcomDigi 2025, a flagship programme by the Malaysia Digital Economy Corporation (MDEC), successfully achieved over RM1 million in tech opportunities generated by participating companies. The two-day event, held in collaboration with CelcomDigi, welcomed 555 attendees from Malaysia and internationally, further strengthened the nation&rsquo;s role as a growing hub for immersive technology in the region. 

Throughout the event, 32 exhibitors and 25 speakers showcased the latest in extended reality (XR), virtual production, immersive storytelling, and creative content. Exhibitors such as CelcomDigi, FreeDome, Experiential Design Team (EDT), Revenant Reverie, and FaBu Designs presented hands-on demonstrations, while students and independent creators added fresh perspectives to the showcase. 

A key milestone was the launch of the International Interactive &amp; Immersive Society (i3S), Malaysia&rsquo;s first dedicated immersive technology association. The association aims to support the growth of immersive technologies in Malaysia, including augmented reality (AR), virtual reality (VR), mixed reality (MR), extended reality (XR), virtual production, simulators, and AV hardware. Its focus areas include strengthening collaboration across the ecosystem, developing skilled talent, enabling commercialisation, and contributing to policy development. 

The event also marked the signing of a Memorandum of Understanding (MoU) between Monolith Technologies and Virtualtech Frontier (VTF). The strategic partnership focuses on developing new XR experiences that align with Malaysia&rsquo;s digital economy goals. 

In addition, a Strategic Roundtable with Meta Reality Labs brought together key voices from government, academia, and industry. Organisations such as MTVET, TalentCorp, and several local universities joined the discussion on how immersive technology can support education, skills development, and workforce readiness.

The Matchworks Business Matching Programme also recorded strong interest. A total of 17 Malaysian solution providers engaged with 43 SMEs and corporates to explore business opportunities in marketing, operations, and customer experience. 

&ldquo;IMMERSE KL x CelcomDigi 2025 reaffirms Malaysia&rsquo;s position as a rising powerhouse in immersive technologies within the region,&rdquo; said Anuar Fariz Fadzil, Chief Executive Officer of MDEC. 

&ldquo;By launching the nation&rsquo;s first immersive technology association and cultivating strategic partnerships, we are demonstrating how innovation, talent development and global collaboration can further move the digital economy forward,&rdquo; he added. &ldquo;MDEC remains fully committed to supporting platforms that advance technological breakthroughs, develop skilled talent and strengthen industry collaboration, hence ensuring that our creative tech sector continues to lead in XR, AR, VR and beyond.&rdquo; 

Alongside CelcomDigi as the official partner, the event received strong support from a broad network of sponsors. Diamond Sponsors include Freedome by the Malaysian Consultative Council of Islamic Organisation (MAPIM), Revenant Reverie, Warnakala Studios, and XR Associates. Gold Sponsors comprise UnBound Malaysia, CCACC (CloudTech Group), FaBu Design, and Experiential Design Team. Silver Sponsors are Virtual X and Pixljaya Digital Media &amp; Entertainment, while Bronze Sponsors include Monolith Technologies, Victory Forest Commercial and Matchworks Programme Host, SME Corp. 

IMMERSE KL is set to expand to Penang in the coming year, bringing immersive innovation to the northern region, before returning to Kuala Lumpur in 2026 For more information on IMMERSE KL and its programmes, please visit <a href="https://mdec.my/immerse-kl">https://mdec.my/immerse-kl</a>.

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Issued by: 

Corporate Communications Division 

Malaysia Digital Economy Corporation (MDEC)

IMMERSE KL X CELCOMDIGI 2025 GENERATES OVER RM1 MILLION  IN IMMERSIVE TECH OPPORTUNITIES

KUALA LUMPUR, 13 August 2025 &ndash; IMMERSE KL x CelcomDigi 2025, a flagship programme by the Malaysia Digital Economy Corporation (MDEC), successfully achieved over RM1 million in tech opportunities generated by participating companies. The two-day event, held in collaboration with CelcomDigi, welcomed 555 attendees from Malaysia and internationally, further strengthened the nation&rsquo;s role as a growing hub for immersive technology in the region.

&nbsp;

Throughout the event, 32 exhibitors and 25 speakers showcased the latest in extended reality (XR), virtual production, immersive storytelling, and creative content. Exhibitors such as CelcomDigi, FreeDome, Experiential Design Team (EDT), Revenant Reverie, and FaBu Designs presented hands-on demonstrations, while students and independent creators added fresh perspectives to the showcase.

&nbsp;

A key milestone was the launch of the International Interactive &amp; Immersive Society (i3S), Malaysia&rsquo;s first dedicated immersive technology association. The association aims to support the growth of immersive technologies in Malaysia, including augmented reality (AR), virtual reality (VR), mixed reality (MR), extended reality (XR), virtual production, simulators, and AV hardware. Its focus areas include strengthening collaboration across the ecosystem, developing skilled talent, enabling commercialisation, and contributing to policy development.

&nbsp;

The event also marked the signing of a Memorandum of Understanding (MoU) between Monolith Technologies and Virtualtech Frontier (VTF). The strategic partnership focuses on developing new XR experiences that align with Malaysia&rsquo;s digital economy goals.

&nbsp;

In addition, a Strategic Roundtable with Meta Reality Labs brought together key voices from government, academia, and industry. Organisations such as MTVET, TalentCorp, and several local universities joined the discussion on how immersive technology can support education, skills development, and workforce readiness.

&nbsp;

The Matchworks Business Matching Programme also recorded strong interest. A total of 17 Malaysian solution providers engaged with 43 SMEs and corporates to explore business opportunities in marketing, operations, and customer experience.

&nbsp;

&ldquo;IMMERSE KL x CelcomDigi 2025 reaffirms Malaysia&rsquo;s position as a rising powerhouse in immersive technologies within the region,&rdquo; said Anuar Fariz Fadzil, Chief Executive Officer of MDEC. 

&nbsp;

&ldquo;By launching the nation&rsquo;s first immersive technology association and cultivating strategic partnerships, we are demonstrating how innovation, talent development and global collaboration can further move the digital economy forward,&rdquo; he added. &ldquo;MDEC remains fully committed to supporting platforms that advance technological breakthroughs, develop skilled talent and strengthen industry collaboration, hence ensuring that our creative tech sector continues to lead in XR, AR, VR and beyond.&rdquo;

&nbsp;

Alongside CelcomDigi as the official partner, the event received strong support from a broad network of sponsors. Diamond Sponsors include Freedome by the Malaysian Consultative Council of Islamic Organisation (MAPIM), Revenant Reverie, Warnakala Studios, and XR Associates. Gold Sponsors comprise UnBound Malaysia, CCACC (CloudTech Group), FaBu Design, and Experiential Design Team. Silver Sponsors are Virtual X and Pixljaya Digital Media &amp; Entertainment, while Bronze Sponsors include Monolith Technologies, Victory Forest Commercial and Matchworks Programme Host, SME Corp.

&nbsp;

IMMERSE KL is set to expand to Penang in the coming year, bringing immersive innovation to the northern region, before returning to Kuala Lumpur in 2026

&nbsp;

For more information on IMMERSE KL and its programmes, please visit <a href="https://mdec.my/immerse-kl" style="color:blue; text-decoration:underline">https://mdec.my/immerse-kl</a>.

IMMERSE KL X CELCOMDIGI 2025 GENERATES OVER RM1 MILLION IN IMMERSIVE TECH OPPORTUNITIES

BANGKOK &ndash; 5 August 2025: Malaysia Digital Economy Corporation (MDEC), in partnership with the Malaysian Research Accelerator for Technology &amp; Innovation (MRANTI), today successfully concluded its latest Digital Exports (DEX) CONNEX Thailand 2025 initiative with the signing of 10 Memorandums of Understanding (MoUs) between Malaysian tech companies and Thai partners. These partnerships are expected to generate over RM200 million in potential digital export opportunities for these local tech companies.&nbsp;

&nbsp;

Held in conjunction with the prestigious Techsauce Global Summit 2025, the flagship programme reflects MDEC&rsquo;s ongoing commitment to strengthening cross-border digital collaboration, as evident by the support of 52 Malaysian tech companies in expanding their international presence, while also fostering innovation-driven partnerships across ASEAN.&nbsp;

&nbsp;

A key highlight of this programme was the renewal of MDEC&rsquo;s Memorandum of Understanding (MoU) with Thailand&rsquo;s Digital Economy Promotion Agency (depa), first signed in 2023 and witnessed by Prime Minister YAB Dato&#39; Seri Anwar Ibrahim. This renewed agreement reinforces both nations&rsquo; shared ambition to develop their digital economies through joint initiatives and knowledge exchange.&nbsp;

&nbsp;

Anuar Fariz Fadzil, Chief Executive Officer of MDEC said: &ldquo;This renewed partnership with depa Thailand is testament to the strong synergy between Malaysia and Thailand in building a digitally connected and future-ready ASEAN. DEX CONNEX goes beyond being an access programme to serving as a catalyst for strategic, cross-border collaborations that generate exports, attract investment and build resilience for our tech ecosystem.&rdquo;&nbsp;

&nbsp;

Several other MoUs were also signed between Malaysian and Thai companies, paving the way for collaboration in areas such as joint ventures, technology transfers, and market access. These partnerships are expected to spark innovation and open new growth opportunities for businesses in both countries.&nbsp;

&nbsp;

DEX CONNEX Thailand 2025 was organised in collaboration with key partners, including the Embassy of Malaysia in Thailand, MATRADE Thailand, MITI, MRANTI, depa Thailand, True Digital Park, Techsauce, the Malaysia-Thai Chamber of Commerce (MTCC), GEN Thailand, and the Diplomatic Council. These partnerships provide Malaysian tech companies with a strong support network and access to new market opportunities.&nbsp;

&nbsp;

Looking ahead, MDEC will host the inaugural Smart City Expo Kuala Lumpur 2025 (SCEKL 2025) in September. Themed &ldquo;AI Cities: Shaping Our Digital Future&rdquo;, the event will highlight Malaysia&rsquo;s leadership in smart and sustainable digital solutions aimed at building more inclusive, connected, and future-ready cities. Programmes like DEX CONNEX are expected to play a key role in building innovation partnerships and accelerating Malaysia&rsquo;s position as a regional digital economy hub.&nbsp;

&nbsp;

For further information on MDEC&rsquo;s initiatives, visit <a href="http://www.mdec.my/" rel="noreferrer noopener" target="_blank">www.mdec.my</a>.&nbsp;

MDEC STRENGTHENS MALAYSIA-THAILAND DIGITAL TIES  AT DEX CONNEX THAILAND 2025 

KUALA LUMPUR, 30 July 2025 &ndash; Malaysia has taken a step forward in advancing 
digital inclusion with the launch of the Next Gen TeenXChange and Game Changers&nbsp; 
Coalition Programme, a pioneering initiative by UNICEF, in partnership with the&nbsp; 
Malaysia Digital Economy Corporation (MDEC) and supported by Micron Technology 
Malaysia as well as Bank Simpanan Nasional (BSN).

&nbsp;

 
The programme was officially launched by YB Datuk Wilson Ugak Anak Kumbong,&nbsp; 
Deputy Minister of Digital Malaysia, affirming the government&rsquo;s firm commitment to&nbsp; 
creating inclusive digital opportunities for girls and young women.

&nbsp;

 
Integrated within UNICEF&rsquo;s global Skills4Girls framework, the Next Gen&nbsp; 
TeenXChange is designed to address the gender disparity in both gaming and the&nbsp; 
broader STEAM (Science, Technology, Engineering, Arts, and Mathematics). The&nbsp; 
programme equips Malaysian girls with technical skills, industry exposure, and&nbsp; 
building confidence &ndash; enabling them to succeed as coders, designers, content&nbsp; 
creators, and future tech innovators.

&nbsp;

 
Datuk Wilson said &ldquo;The Ministry, through MDEC is committed to building an inclusive&nbsp; 
digital nation. We are working to ensure that all Malaysians have access to the digital&nbsp; 
tools and platforms they need to succeed. These initiatives are part of a broader&nbsp; 
national movement &ndash; one that seeks to build digital confidence, nurture innovation,&nbsp; 
and open new doors for women and girls to define success on their own terms.&rdquo;

&nbsp;

 
Delivered by MDEC under the #MyDigitalMaker initiative, the programme focuses on&nbsp; 
Malaysian youth aged 15 to 20 who demonstrate strong digital aptitude. Participants&nbsp; 
will take part in hands-on tech activities, upskilling workshops in tech, mentorship&nbsp; 
sessions with industry professionals and exposure to Malaysia&rsquo;s growing gaming&nbsp; 
ecosystem.

&nbsp;

 
By encouraging STEAM skills development and promoting inclusive digital content&nbsp; 
creation, this initiative aims to nurture a generation of girls in the gaming industry but&nbsp; 
also empowers them to become agents of change within the broader landscape of&nbsp; 
digital innovation.

&nbsp;

The programme also aligns with Malaysia Digital (MD) national strategic initiative,&nbsp; 
reinforcing the government&rsquo;s vision for an inclusive, innovation-driven digital economy&nbsp; 
that empowers diverse talent across all regions and sectors.

&nbsp;

 
For further information, visit https://mdec.my.

NEXT GEN TEENXCHANGE CHAMPIONS DIGITAL INCLUSION TO EMPOWER GIRLS IN GAMING AND STEAM

KUALA LUMPUR, 18 July 2025 &ndash; The Malaysia Digital Economy Corporation (MDEC), in collaboration with CelcomDigi, has announced IMMERSE KL x CelcomDigi &ndash; Malaysia&rsquo;s premier event for immersive technology and creative content innovation. 
With the theme, &ldquo;Dive into the Future: Envisioning Creative Tech and the Metaverse,&rdquo; the event reflects Malaysia&rsquo;s growing commitment to immersive solutions across XR, virtual production, gamification, immersive storytelling, and Web3 to accelerate cross-sector adoption of emerging technologies. Now a standalone flagship initiative, IMMERSE KL has evolved from the Malaysia Digital Content Festival (MYDCF) to become a focused platform for showcasing immersive and creative technologies. The 2025 edition is expected to welcome over 300 participants and 120 companies from across Malaysia and the region.

&nbsp;

 
Anuar Fariz Fadzil, Chief Executive Officer of MDEC said &ldquo;IMMERSE KL x CelcomDigi is a catalyst for digital innovation, positioning Malaysia as a leader in the immersive tech landscape. With partners like CelcomDigi, we are shaping a future driven by creativity and emerging technology.&rdquo;

&nbsp;

 
As the official partner, CelcomDigi will showcase real-world applications of XR and 5G technologies across multiple sectors including education, industry, and healthcare. Key highlights include:

<ul>
	<li>CelcomDigi Metaversity&trade; &ndash; XR-powered immersive learning environments</li>
	<li>Industrial Metaverse &ndash; Training, simulation and remote support</li>
	<li>Healthcare Innovations &ndash; XR-based 3D DICOM visualisation for medical use</li>
</ul>

T. Kugan, Chief Innovation Officer of CelcomDigi added &ldquo;We are excited to support IMMERSE KL x CelcomDigi as a platform to spark innovation, collaboration, and new possibilities for Malaysia&rsquo;s digital future. This reflects our commitment to leading the development of future-ready XR solutions that enable real impact across industries.&rdquo;

&nbsp;

 
The two-day event will feature keynotes from global leaders such as Ben Erwin, President of the Academy of Immersive Arts and Sciences, as well speakers from the United States, Sweden, India, Australia, and Singapore. Attendees will also experience live showcases from over 40 regional startups, alongside curated networking sessions that connect government, industry, and creative stakeholders.

&nbsp;

 
A key highlight is MATCHWORKS, a business matchmaking programme which connects Malaysia&rsquo;s top creative tech and XR solution providers with corporates, SMEs, agencies, and brand leaders. Participants will have the opportunity to pitch directly to decision-makers and secure high-value leads across marketing, operations, and customer experience innovation.

&nbsp;

 
In addition to official partner CelcomDigi, the event is supported by a strong network of sponsors. Diamond Sponsors include Freedome by the Malaysian Consultative Council of Islamic Organisation (MAPIM), Revenant Reverie, Warnakala Studios, and XR Associates. Gold Sponsors comprise UnBound Malaysia, CCACC (CloudTech Group), FaBu Design, and Experiential Design Team. Silver Sponsors are Virtual X and Pixljaya Digital Media &amp; Entertainment, while Bronze Sponsors include Monolith Technologies, Victory Forest Commercial and Matchworks Programme Host, SME Corp.

&nbsp;

 
IMMERSE KL x CelcomDigi will take place on 23 &ndash; 24 July 2025 at the Connexion Conference &amp; Event Centre (Nexus), Bangsar South. The event is free and open to all.

&nbsp;

 
For more information, please visit https://mdec.my/immerse-kl.

MDEC ANNOUNCES IMMERSE KL x CelcomDigi TO POWER MALAYSIA’S IMMERSIVE TECH FUTURE

KUALA LUMPUR, 15 July 2025 &ndash; The Malaysia Digital Economy Corporation (MDEC) and the Jabatan Digital Negara (JDN) &ndash; in strategic partnership with Synapze Sdn Bhd &ndash; today announced that the highly anticipated Malaysia Digital Xceleration (MDX) Summit 2025 and SmartGov Malaysia 2025 will take place from 17 to 19 September 2025 at the Kuala Lumpur Convention Centre. 

&nbsp;

Now in its third edition, the MDX Summit 2025, held alongside the inaugural SmartGov Malaysia 2025, reinforces Malaysia&rsquo;s position as a leading digital nation in ASEAN. As the country&rsquo;s premier digital economy platform, both events serve as a hub for transformative discussions on emerging technologies, supporting Malaysia&rsquo;s ambition to lead the regional data economy in line with the Madani Government&rsquo;s vision of building an inclusive, sustainable and fully digital smart nation.

&nbsp;

MDEC CEO Anuar Fariz Fadzil said that the summit will further catalyse Malaysia&rsquo;s digital leadership in ASEAN by driving innovation, investment and inclusive growth. &ldquo;Technologies utilising digital assets and digital agents in its core will further drive outcomes through talent development, innovation and responsible AI to smarter public services,&rdquo; he said.

&nbsp;

MDX Summit will focus on five core areas: Next-Gen Data, Next-Gen Computing, Next-Gen Trust, Next-Gen Creativity, and Next-Gen Talent, demonstrating how Malaysia is applying technological innovation into applied solutions benefiting businesses, government services, the rakyat, and the broader regional economy.

&nbsp;

The event will feature international experts, including Dr. Keyu Jin, Professor of Economics at the London School of Economics and author of The New China Playbook, and Gerard Grech, Managing Director at Founders by the University of Cambridge and founding CEO of Tech Nation UK.

&nbsp;

Meanwhile, JDN Director General Ts. Nik Zalbiha binti Nik Mat explained that the government is committed to building an ecosystem where innovation thrives while safeguarding data sovereignty, trust and inclusivity. &ldquo;This vision will be reflected in the event&rsquo;s focus on AI-powered citizen chatbots, cybersecurity partnerships and smarter public service delivery,&rdquo; she said.

&nbsp;

The SmartGov Malaysia 2025, themed &ldquo;GovTech for the Future &ndash; Innovating Public Service Delivery&rdquo;, aims to strengthen Malaysia&rsquo;s GovTech ecosystem and accelerate digital adoption in public services. It highlights three pillars of future-ready governance: AI for citizen-centric solutions, Big Data for trust and transparency, and Cloud Computing for agile, resilient services.

&nbsp;

SmartGov Malaysia 2025 will feature international speakers including Kamales Lardi, CEO of Lardi &amp; Partner Consulting GmbH and best-selling author of The Human Side of Digital Business Transformation, will be sharing her insights on how future transformation is more centred on humans than we think.

&nbsp;

Both the MDX Summit and SmartGov Malaysia 2025 will offer immersive showcases, strategic roundtables, and high-level networking across sectors. A single integrated venue will house all government and industry exhibits, maximising opportunities for collaboration and meaningful partnerships that extend beyond the summit.

&nbsp;

For further information and registration details, visit <a href="https://mdec.my/mdx" style="color:blue; text-decoration:underline" target="_new">https://mdec.my/mdx</a>.

MALAYSIA TO SHOWCASE ASEAN DIGITAL LEADERSHIP AT MDX  SUMMIT, SMARTGOV 2025 THIS SEPTEMBER

KUALA LUMPUR, (14 July 2025) &ndash; Malaysia is set to take on the role of leading Southeast Asia&rsquo;s digital future when it hosts its inaugural international event, the Smart City Expo Kuala Lumpur 2025 (SCEKL25), this September. This international expo will spotlight Malaysia&rsquo;s growing leadership in the region&rsquo;s transition towards Artificial Intelligence (AI)-driven urban development&mdash; one that places the well-being of the rakyat at its core while advancing sustainable, inclusive growth in partnership with ASEAN neighbors. 

SCEKL25 is the first Southeast Asian edition of the globally renowned Smart City Expo World Congress and is spearheaded by the Ministry of Digital through its agencies, Malaysia Digital Economy Corporation (MDEC) and Digital Nasional Berhad (DNB). The&nbsp;event is expected to attract over 2,000 delegates and welcome more than 10,000 visitors throughout its run from 17 to 19 September at the Kuala Lumpur Convention Centre (KLCC). 

Malaysia&rsquo;s Minister of Digital YB Gobind Singh Deo said that this initiative provides a strategic platform for technology providers and AI-centric smart city solution players, positioning Malaysia as a central hub for digital innovation across the region. 

&ldquo;At its core, SCEKL25 is about accelerating a new urban vision &mdash; one that is green, efficient, and inclusive, with the rakyat at the heart of every innovation,&rdquo; said Gobind in a statement. &ldquo;As ASEAN Chair, Malaysia continues to lay strong foundations for AI-driven, people-centric cities across the region. 

SCEKL25 supports this mission by aligning with national initiatives like the Malaysia Digital Economy Blueprint, regional collaborations through the ASEAN Smart Cities Network, and supports the aspiration to become a Smart Nation by 2040. 

&ldquo;SCEKL25 amplifies these efforts by positioning Malaysia &mdash; and Kuala Lumpur in particular &mdash; as a growing hub for smart city innovation and digital transformation in Southeast Asia. This leadership is timely, as the region&rsquo;s digital economy is projected to reach US$1 trillion in gross merchandise value by 2030, driven by rapid urbanisation and a dynamic, tech-savvy workforce,&rdquo; he added. 

Under the Ministry of Digital, MDEC is currently leading the development of a smart city ecosystem through the AI Cities initiatives by implementing targeted, high-impact pilots in selected cities across the nation. 

Meanwhile, Malaysia Digital Economy Corporation (MDEC) CEO Anuar Fariz Fadzil said: &ldquo;Through SCEKL25, we are translating national ambitions and regional priorities into tangible urban transformation. From predictive traffic and road closure systems in Penang, to smart traffic optimisation in Kuala Lumpur, and AI-powered geospatial intelligence in Sabah, Malaysia is paving the way for AI to become an everyday enabler of smarter, more connected lives.&rdquo;

&ldquo;Our smart cities will be rakyat-first and planet-conscious to deliver faster, more adaptive public services. And, with robust digital infrastructure to drive inclusive growth, startups and SMEs will be able to scale beyond borders,&rdquo; added Anuar. 

He explained that, by building a collaborative ecosystem and championing digital inclusion, Malaysia continues to shape a future where the digital economy is a catalyst for equality and shared prosperity. 

&ldquo;Anchored by MDEC&rsquo;s commitment to accelerate high-value digital innovation, AI Cities will serve as the nexus of policy, innovation, and public purpose to propel Malaysia toward its vision of becoming a leading AI Nation,&rdquo; said Anuar. 

Digital Nasional Berhad (DNB) CEO Datuk Azman Ismail said that hosting SCEKL25 presents multifaceted benefits and strategic opportunities for Malaysia. &ldquo;SCEKL25 will elevate Malaysia&rsquo;s global profile in smart city innovation, while driving economic growth through business tourism and strategic foreign investment,&rdquo; said Datuk Azman. 

&ldquo;More than just an expo, it serves as a platform for knowledge exchange, collaboration, and policy advancement&mdash; bringing together global leaders to tackle urban challenges and shape smarter, more sustainable cities. 

&ldquo;By showcasing breakthrough technologies, smart infrastructure, and future-ready mobility solutions, SCEKL25 will help cities move toward a better, more inclusive future &mdash; where innovation serves people and the planet.&rdquo; 

Under the theme &#39;AI Cities: Shaping Our Digital Future&#39;, SCEKL25 will take place from 17 to 19 September at the Kuala Lumpur Convention Centre. 

Visit <a href="https://www.smartcityexpokl.com/">www.smartcityexpokl.com</a> for more information as Malaysia prepares to host this landmark event.&nbsp;

&nbsp;

Issued by: 

Corporate Communications Division 

Malaysia Digital Economy Corporation (MDEC

MALAYSIA SET TO LEAD ASEAN INTO AI-DRIVEN CITIES  WITH SMART CITY EXPO KL 2025

KUCHING, SARAWAK, 9 July 2025 &mdash; The Malaysia Digital Economy Corporation (MDEC) has launched its MD Business Digitalisation Initiative (BDI) in Sarawak today, marking its first rollout in East Malaysia. This strategic effort aims to accelerate inclusive digital growth by equipping micro, small, and medium enterprises (MSMEs) with innovative tools to boost productivity, streamline operations, and future-proof their businesses.

&nbsp;

&nbsp;

Introduced under the MADANI Government, BDI reflects a whole-of-nation approach to digital transformation to ensure that businesses across all states, including Sarawak, are included in the national digital economy. The initiative is delivered in collaboration with the Sarawak Digital Economy Corporation (SDEC) and the Ministry of International Trade and Industry, Industrial Terminal and Entrepreneur Development (MINTRED) Sarawak.&nbsp;

Deputy Minister of Digital, YB Datuk Wilson Ugak Anak Kumbong, highlighted the significance of this effort.&nbsp;

&ldquo;The Ministry of Digital remains committed to supporting every corner of the nation in this digital journey. Sarawak&rsquo;s MSMEs play a crucial role in driving regional economic growth. By embracing digitalisation and e-Invoicing, they are positioning themselves for greater efficiency, transparency, and global competitiveness. This initiative is a testament to our shared vision of building an inclusive and future-ready digital economy,&rdquo; he said.

In a statement, MDEC Chief Executive Officer, Anuar Fariz Fadzil emphasised the importance of strong federal-state collaboration in supporting local businesses.&nbsp;&nbsp;

&ldquo;Sarawak is a vital part of Malaysia&rsquo;s digital future, and we are thrilled to bring BDI to the state. Through close collaboration with our state partners, MDEC is helping local MSMEs adopt digital tools like e-Invoicing to boost efficiency, reduce costs, and scale sustainably. This initiative is about building a future-ready business ecosystem, ensuring no MSME is left behind in the digital economy,&rdquo;.&nbsp;

&nbsp;

&nbsp;

The launch featured exhibitions, digital advisory sessions, and showcases from MDEC-accredited Digitalisation Partners to help MSMEs adopt solutions aligned with their needs. Through the initiative, businesses gain access to digital advisory services, live product demonstrations from 404 accredited partners, and tailored solutions based on their operational challenges. The programme also includes the Digital Maturity Assessment (DMA), a structured tool that helps MSMEs assess their current digital readiness and identify the next steps for growth.&nbsp;

&nbsp;

&nbsp;

A major highlight of the launch in Sarawak is the promotion of the National e-Invoicing Initiative, a nationwide effort led by the Ministry of Digital and implemented by MDEC. This initiative aims to modernise and standardise how businesses issue, manage, and exchange invoices digitally and in real time using the Peppol framework, enabling seamless interoperability between systems.&nbsp;

&nbsp;

&nbsp;

To ease the adoption of e-Invoicing among MSMEs, the Ministry has introduced a suite of Freemium and Affordable Solutions provided by MDEC-accredited service providers including Malaysia Digital (MD) status companies such as Xero and Accountsoft.&nbsp; These solutions are compliant with both Peppol and LHDNM tax requirements, offering MSMEs a smooth and cost-effective path to digital compliance.&nbsp;&nbsp;

&nbsp;

&nbsp;

This latest effort reflects MDEC&rsquo;s commitment to building inclusive, localised, and practical digitalisation frameworks that benefit businesses across all regions, ensuring Malaysia&rsquo;s digital economy remains robust, resilient, and accessible to all.&nbsp;

&nbsp;

&nbsp;

For more information, visit MDEC&rsquo;s website <a href="https://mdec.my/bdi" rel="noreferrer noopener" target="_blank">https://mdec.my/bdi</a>&nbsp;&nbsp;

MDEC BRINGS BUSINESS DIGITALISATION INITIATIVE TO SARAWAK, EMPOWERING MSME THROUGH DIGITALISATION AND E-INVOICING 

KUALA LUMPUR, 8 July 2025 &mdash; The Malaysia Digital Economy Corporation (MDEC) is introducing two new grants totalling RM2.9 million, aimed at accelerating digital transformation in two of Malaysia&rsquo;s most strategic sectors &mdash; artificial intelligence (AI) and manufacturing.

&nbsp;

Eligibility for these grants is exclusively extended to companies possessing Malaysia Digital (MD) or MSC Malaysia status, or to those with a pending MD status application at the time of applying for the grant. The two new grants &mdash; the Malaysia Digital Acceleration Grant &ndash; Artificial Intelligence (MDAG-AI) and SmartMFG+ Incentive Programme &ndash; have been designed to support high-potential local companies by promoting innovation, developing export-ready digital solutions and creating high-skilled employment opportunities.

&nbsp;

MDEC Chief Executive Officer Anuar Fariz Fadzil described the grants as both timely and strategic, giving a significant boost to Malaysia&rsquo;s digital transformation agenda.

&nbsp;

&ldquo;MDAG-AI establishes a foundational framework for Malaysia to emerge as a preeminent hub for AI innovation, while SmartMFG+ lays the groundwork for widespread digitalisation across the manufacturing industry. Collectively, these initiatives serve as a dual engine to advance our digital ambitions,&rdquo; said Anuar.

&nbsp;

Malaysia Digital Acceleration Grant &ndash; Artificial Intelligence (MDAG-AI)

&nbsp;

The MDAG-AI grant is specifically designed to support Malaysian digital companies in the commercialisation of AI solutions. It targets high-impact projects that correspond with the national AI investment strategy, focusing on companies with capabilities across the foundational, enabling, and application layers of AI.

&nbsp;

This initiative builds upon the momentum generated by prior programmes, concentrating on AI product commercialisation, cross-sector AI application, talent development and knowledge transfer. It is strategically aligned with the National AI Roadmap, reinforcing Malaysia&rsquo;s ambitions to become a regional AI powerhouse.

&nbsp;

Eligible companies may apply for funding of up to 70% of total project costs, capped at RM2 million, for projects spanning a duration of up to one year.

&nbsp;

Application is now open till 18 July 2025, and successful applicants will be announced at the Malaysia Digital Expo (MDX) in September 2025. 

&nbsp;

For more information on eligibility criteria, application procedures and submission guidelines, please visit <a href="http://mdec.my/grants/mdag-ai" style="color:#0563c1; text-decoration:underline">http://mdec.my/grants/mdag-ai</a>

&nbsp;

SmartMFG+ Incentive Programme 

&nbsp;

Tasked by the Ministry of Investment, Trade and Industry (MITI), the SmartMFG+ Incentive Programme is a vital initiative within the New Industrial Master Plan 2030 (NIMP2030). Its objective is to expedite digital adoption within the manufacturing sector by providing support to local technology solution providers in scaling digital solutions across various domains such as operational efficiency, predictive maintenance, real-time production intelligence, supply chain analytics, and quality assurance.

&nbsp;

Selected MD-status companies will receive funding of up to 70% of their solution development costs, with the maximum amount capped at RM75,000 per company. In addition to funding, selected recipients can validate and test their solutions in simulated manufacturing settings, engage in technical and commercial training, and showcase their innovations. 

&nbsp;

Application is now open till 13th July 2025, and the programme will operate from August to December 2025. Successful applicants will be announced at the Malaysia Digital Expo (MDX) in September 2025.

&nbsp;

For further information regarding eligibility criteria, application procedures and submission guidelines, please visit <a href="https://mdec.my/smartmfg" style="color:#0563c1; text-decoration:underline">https://mdec.my/smartmfg</a>.

&nbsp;

-END-

&nbsp;

Issued by:

Corporate Communications Division 

Malaysia Digital Economy Corporation (MDEC)

RM2.9 MILLION IN STRATEGIC GRANTS TO ADVANCE AI AND INDUSTRIAL DIGITALISATION

KUALA LUMPUR, 7 July 2025 &ndash; Malaysia&rsquo;s digital economy continues to chart strong growth, fuelled by sustained investor confidence and a vibrant ecosystem of innovation, talent and infrastructure.&nbsp; Digital investments under the Malaysia Digital (MD) national strategic initiative surged by 125% in Q2 2025, rising from RM13.11 billion in Q1 to RM29.47 billion, reaffirming Malaysia&rsquo;s position as a preferred foreign digital investment (FDI) location in ASEAN.

&nbsp;

As of June 2025, a total of 261 companies approved under the MD initiative have collectively committed RM42.58 billion in investments, with the potential to generate 17,495 knowledge workers over the next five years.

&nbsp;

Minister of Digital Gobind Singh Deo described the strong upward momentum as &ldquo;exceptional growth which speaks volumes about our nation&rsquo;s digital readiness, the strength of our innovation ecosystem, and the confidence that global investors have in Malaysia&rsquo;s future&rdquo;. 

&nbsp;

&ldquo;Beyond numbers, these investments represent thousands of opportunities for the Malaysian workforce and a long-term uplift for our digital economy. The MD initiative is a proven platform to drive inclusive innovation and elevate our regional leadership in the digital space,&rdquo; said Gobind.

&nbsp;

The top 3 sources of approved digital investment as of June 2025 were Singapore-based investors, who committed RM13.91 billion, accounting for 33% of the total investment. This was followed by investors from United States, with RM6.44 billion, representing 15%, and China, with RM2.97 billion, comprising 7% of the investments.

&nbsp;

Leading the investment landscape is the Data Centre and Cloud vertical, which contributed RM30.95 billion and expected to generate 1,440 knowledge workers due to strong demand for regional data infrastructure. Notably, Data Centre (DC) companies alone committed RM13.45 billion, highlighting investor confidence in Malaysia&rsquo;s digital infrastructure and regional connectivity.

&nbsp;

Other high growth, expanding sectors include artificial intelligence (AI), which attracted RM3.29 billion in investments, with an estimated 6,920 jobs created, representing 40% of the total projected employment. 

&nbsp;

Meanwhile, Global Business Services (GBS), with investment amounting to RM4.99 billion, is expected to create 5,632 jobs, or 32% of total job creation.

&nbsp;

Malaysia Digital Economy Corporation (MDEC) CEO, Anuar Fariz Fadzil, said the tangible outcomes of Malaysia Digital reflect not just investment volume but also real impact on the ground.

&nbsp;

&ldquo;The scale and quality of investments under Malaysia Digital reflect our focus on driving catalytic impact &mdash; in value, in innovation, and in job creation. MDEC will continue to strengthen investor facilitation, talent development, and ecosystem partnerships to ensure Malaysia remains the region&rsquo;s most dynamic and future-ready digital economy,&rdquo; he said.

&nbsp;

&ldquo;As the Malaysia Digital initiative continues to gain strong global traction, the Ministry of Digital and MDEC remain steadfast in our commitment to driving digital economy growth, advancing innovation and inclusion, and reinforcing Malaysia&rsquo;s position as a leading digital hub in Southeast Asia,&rdquo; concluded Anuar.

&nbsp;

For more information on MDEC&rsquo;s initiatives and support for digital investments, please visit <a href="https://mdec.my/malaysiadigital" style="color:blue; text-decoration:underline">https://mdec.my/malaysiadigital</a>.

&nbsp;

- END -

&nbsp;

Issued by:

Corporate Communications Division

Malaysia Digital Economy Corporation (MDEC)

MALAYSIA’S DIGITAL INVESTMENTS SKYROCKET IN Q2 2025 — STRONG CONFIDENCE FROM GLOBAL INVESTORS

JAKARTA, 2 July 2025 &ndash; Malaysia Digital Economy Corporation (MDEC) continues to drive the nation&rsquo;s digital economy across ASEAN, strengthening regional cooperation and market access for Malaysian companies. Its latest initiative under the DEX CONNEX Indonesia programme brought 83 Malaysian tech companies into the Indonesian market, which generated more than RM450 million in digital export opportunities.

&nbsp;

DEX CONNEX Indonesia is a key regional initiative that facilitated the exchange of 26 Memorandums of Understanding (MoUs) between Malaysian and Indonesian companies. These agreements span sectors such as cybersecurity, AI, cloud services, F&amp;B, digital platforms, and talent development. They are aimed at creating a robust and collaborative digital ecosystem across ASEAN, especially as Malaysia serves as ASEAN Chair and champions innovation as a driver of regional growth and resilience. 

&nbsp;

MDEC CEO Anuar Fariz Fadzil described Indonesia as &lsquo;a vital partner in Malaysia&rsquo;s digital ambitions&rsquo;. 

&nbsp;

&ldquo;Through DEX CONNEX, Malaysia is focusing on cross-border collaborations to continue building a resilient digital bridge between two thriving ecosystems,&rdquo; said Anuar.

&nbsp;

&ldquo;With our strong tech ecosystem and the spirit of ASEAN unity, both nations continue to nurture a future where digital growth is inclusive, sustainable, and benefits all layers of society, ensuring long-term success,&rdquo; he added.

&nbsp;

This initiative is supported by the Embassy of Malaysia in Jakarta, the Ministry of Investment, Trade and Industry (MITI) Malaysia, MATRADE Jakarta, the Ministry of Communication and Digital Affairs of Indonesia (KOMDIGI), together with Malaysian and Indonesian partners. 

&nbsp;

Present at the programme and MoU exchange ceremony with Anuar were His Excellency Dato&rsquo; Syed Md Hasrin Tengku Hussin, the Ambassador of Malaysia to the Republic of Indonesia.

&nbsp;

Also present at the event were Yang Terhormat Bapak Sonny Hendra Sudaryana, Acting Director of Digital Ecosystems Development, Ministry of Communication and Digital Affairs of the Republic of Indonesia (KOMDIGI); Mr. Azka Aufary Ramli, Chairman of the DPC, Himpunan Pengusaha Pribumi Indonesia (HIPPI) South Jakarta; Mr. Muhammad Ryandi Haroen, Chairman of BPD, Himpunan Pengusaha Muda Indonesia (HIPMI) Jaya (Jakarta Raya); Mr. Akbar Himawan Buchari, Chairman of the Central Executive Board (BPP) of HIPMI; Mr. Mani Wannan Letchumanan, President of the Malaysia Chambers &amp; Commerce Indonesia (MCCI); Mr. Ray Sugiarto, Founder of XCION, Mr. Erwin Soerjadi, Chief Executive Officer of vOffice Indonesia; Mr. Mulyawan Gani, CEO of Digital Ecosystem, Sinarmas Land; Mr. Bayu Seto, Partner of Living Lab Ventures (Sinarmas Land); government representatives, tech industry players, and regional investors.

&nbsp;

DEX CONNEX, a flagship platform of the GAIN (Gateway, Amplify, Invest and Nurture) programme, connects Malaysian companies with global markets and tech ecosystems with the aim of fostering bilateral digital trade. 

&nbsp;

MDEC&rsquo;s GAIN programme has achieved RM31.9 billion in revenue from 2017 to 2023 with exports valued at over RM11.2 billion. Success on this platform is driven by companies leveraging its features, which are rooted in MDEC&rsquo;s extensive experience in export facilitation for tech companies.

&nbsp;

-END-&nbsp;

&nbsp;

Issued by:&nbsp;

Corporate Affairs Division&nbsp;&nbsp;

Malaysia Digital Economy Corporation (MDEC)&nbsp;

JAKARTA, 2 July 2025 &ndash; Malaysia Digital Economy Corporation (MDEC) continues to drive the nation&rsquo;s digital economy across ASEAN, strengthening regional cooperation and market access for Malaysian companies. Its latest initiative under the DEX CONNEX Indonesia programme brought 83 Malaysian tech companies into the Indonesian market, which generated more than RM450 million in digital export opportunities.

&nbsp;

DEX CONNEX Indonesia is a key regional initiative that facilitated the exchange of 26 Memorandums of Understanding (MoUs) between Malaysian and Indonesian companies. These agreements span sectors such as cybersecurity, AI, cloud services, F&amp;B, digital platforms, and talent development. They are aimed at creating a robust and collaborative digital ecosystem across ASEAN, especially as Malaysia serves as ASEAN Chair and champions innovation as a driver of regional growth and resilience. 

&nbsp;

MDEC CEO Anuar Fariz Fadzil described Indonesia as &lsquo;a vital partner in Malaysia&rsquo;s digital ambitions&rsquo;. 

&nbsp;

&ldquo;Through DEX CONNEX, Malaysia is focusing on cross-border collaborations to continue building a resilient digital bridge between two thriving ecosystems,&rdquo; said Anuar.

&nbsp;

&ldquo;With our strong tech ecosystem and the spirit of ASEAN unity, both nations continue to nurture a future where digital growth is inclusive, sustainable, and benefits all layers of society, ensuring long-term success,&rdquo; he added.

&nbsp;

This initiative is supported by the Embassy of Malaysia in Jakarta, the Ministry of Investment, Trade and Industry (MITI) Malaysia, MATRADE Jakarta, the Ministry of Communication and Digital Affairs of Indonesia (KOMDIGI), together with Malaysian and Indonesian partners. 

&nbsp;

Present at the programme and MoU exchange ceremony with Anuar were His Excellency Dato&rsquo; Syed Md Hasrin Tengku Hussin, the Ambassador of Malaysia to the Republic of Indonesia.

&nbsp;

Also present at the event were Yang Terhormat Bapak Sonny Hendra Sudaryana, Acting Director of Digital Ecosystems Development, Ministry of Communication and Digital Affairs of the Republic of Indonesia (KOMDIGI); Mr. Azka Aufary Ramli, Chairman of the DPC, Himpunan Pengusaha Pribumi Indonesia (HIPPI) South Jakarta; Mr. Muhammad Ryandi Haroen, Chairman of BPD, Himpunan Pengusaha Muda Indonesia (HIPMI) Jaya (Jakarta Raya); Mr. Akbar Himawan Buchari, Chairman of the Central Executive Board (BPP) of HIPMI; Mr. Mani Wannan Letchumanan, President of the Malaysia Chambers &amp; Commerce Indonesia (MCCI); Mr. Ray Sugiarto, Founder of XCION, Mr. Erwin Soerjadi, Chief Executive Officer of vOffice Indonesia; Mr. Mulyawan Gani, CEO of Digital Ecosystem, Sinarmas Land; Mr. Bayu Seto, Partner of Living Lab Ventures (Sinarmas Land); government representatives, tech industry players, and regional investors.

&nbsp;

DEX CONNEX, a flagship platform of the GAIN (Gateway, Amplify, Invest and Nurture) programme, connects Malaysian companies with global markets and tech ecosystems with the aim of fostering bilateral digital trade. 

&nbsp;

MDEC&rsquo;s GAIN programme has achieved RM31.9 billion in revenue from 2017 to 2023 with exports valued at over RM11.2 billion. Success on this platform is driven by companies leveraging its features, which are rooted in MDEC&rsquo;s extensive experience in export facilitation for tech companies.

&nbsp;

-END-&nbsp;

&nbsp;

Issued by:&nbsp;

Corporate Affairs Division&nbsp;&nbsp;

Malaysia Digital Economy Corporation (MDEC)&nbsp;​​​​​​​

83 MALAYSIAN TECH FIRMS INK 26 MOUs IN INDONESIA, GENERATING OVER RM450 MILLION IN DIGITAL EXPORTS AND BOOSTING ASEAN AI, CYBERSECURITY TIES

Cyberjaya, 5 June 2025 &ndash; The Malaysia Digital Economy Corporation (MDEC) proudly congratulates Wau Animation, an MD Status company, on the phenomenal success of Ejen Ali The Movie 2 (EATM2), which has surpassed RM40.6 million at the Malaysian box office within just 13 days of its release. This remarkable milestone sets a new benchmark for locally produced animated films.

&nbsp;

EATM2 showcases the exceptional ability of Malaysian studios to cultivate local talent and craft compelling original stories, brought to life through stunning visuals and a powerful original music score. The success of EATM2 not only elevates the Malaysian animation industry but also inspires a new generation of digital content creators to strive for excellence.

&nbsp;

&ldquo;The success of Ejen Ali the Movie 2 is a testament to the world-class capabilities of our homegrown studios and creators,&rdquo; said Anuar Fariz Fadzil, CEO of MDEC.

&nbsp;

&ldquo;MDEC is honoured to have supported this achievement through the&nbsp; Digital Content Grant (DCG), which aims to accelerate the growth of high-quality, exportable digital content. Ejen Ali stands as a proud symbol of Malaysian storytelling excellence, inspiring a new generation of creators to dream boldly.&rdquo;

&nbsp;

Usamah Zaid Yassin, Founder &amp; Executive Director, Wau Animation added, &ldquo;It&rsquo;s a victory not just for us, but also for the entire local animation industry. Thank you MDEC for having faith in our homegrown talents. We are grateful for all the guidance and support that has been given ever since our humble beginning. I hope that this will open up more opportunities for upcoming studios and creators out there.&rdquo;

&nbsp;

This achievement is aligned with the aspirations outlined in the DICE (Digital Content Ecosystem) Roadmap, which charts Malaysia&rsquo;s journey to becoming a leading global digital creative hub by 2030. To date, the creative content industry has contributed more than RM87 billion in total revenue, RM11 billion in export value, and RM80 billion in cumulative investments. 

&nbsp;

Since its inception, Wau Animation has benefited from MDEC&rsquo;s comprehensive digital content support ecosystem, which began with early-stage incubation, followed by DCG funding for its first feature film, and continued with advisory, promotional, and networking support.

&nbsp;

In line with the strategic objectives of the DICE Roadmap, MDEC is currently calling for submissions for the Animated Short Challenge, aimed at nurturing the next generation of IPs to follow in the footsteps of Ejen Ali, Upin &amp; Ipin, BoBoiBoy and Mechamato. Applications are open until 13 June 2025. Kindly visit this link for submission: <a href="https://www.mdec.my/animated-shorts-challenge" style="color:#467886; text-decoration:underline">https://www.mdec.my/animated-shorts-challenge</a>

&nbsp;

MDEC looks forward to supporting more groundbreaking projects from Malaysian creators and reaffirms its dedication to driving the nation&rsquo;s digital economy forward.

&nbsp;

-END-

&nbsp;

Issued by:

Corporate Communications Division 

Malaysia Digital Economy Corporation (MDEC)

EJEN ALI 2 SOARS PAST RM40 MILLION, BACKED BY MDEC's DIGITAL CONTENT GRANT 

KUALA LUMPUR, 4 JUNE 2025 &ndash; Malaysia today marked a significant milestone with the official launch of the 100-day countdown to the Smart City Expo Kuala Lumpur 2025 (SCEKL25) &mdash; Southeast Asia&rsquo;s first edition from the globally renowned Smart City Expo World Congress Barcelona &mdash; right here in Kuala Lumpur. It is a landmark event poised to position the nation as the leading hub for smart city innovation, digital transformation, and sustainable urban development.

&nbsp;

Taking place from 17 to 19 September 2025, SCEKL25 will carry the theme &ldquo;AI Cities: Shaping Our Digital Future,&rdquo; reflecting Malaysia&rsquo;s bold vision to build intelligent, inclusive, and sustainable cities powered by cutting-edge technologies. The Expo, co- organised by the Malaysia Digital Economy Corporation (MDEC) and Digital Nasional Berhad (DNB) for the Ministry of Digital, will bring together global leaders, investors, tech innovators, and policymakers to explore how artificial intelligence (AI) and emerging technologies are reshaping urban life across ASEAN.

&nbsp;

Anchored by four strategic pillars &mdash; AI Cities, Sustainable and Resilient Cities, Digital Entrepreneurship and Economic Development, and Community Empowerment through Digital Solutions &mdash; SCEKL25 underscores Malaysia&rsquo;s leading role in advancing smart city development. It aligns with the national aspiration to become a Smart Nation by 2040, as outlined in the Fourth National Physical Plan (NPP4).

&nbsp;

&quot;SCEKL25 represents a bold step forward in Malaysia&rsquo;s ambition to become a leading regional digital hub. It sets the stage for transformative conversations about the future of urban innovation. With ASEAN&rsquo;s digital economy on the cusp of exponential growth, this Expo offers a unique platform to showcase cutting-edge technologies and foster meaningful dialogue on how AI and digital transformation will shape the cities of tomorrow,&rdquo; said YB Gobind Singh Deo, Minister of Digital.

&nbsp;

Anuar Fariz Fadzil, CEO of MDEC, echoed this sentiment, calling SCEKL25 a catalyst for the smart city revolution in Southeast Asia.&nbsp;&quot;This initiative reflects our nation&rsquo;s commitment to leading the region in building intelligent, inclusive, resilient, and sustainable cities powered by AI &mdash; where technology empowers people and drives the next wave of urban transformation,&rdquo; he said. Datuk Azman Ismail, CEO of DNB, added: &ldquo;As we count down to SCEKL25, DNB is proud to play a pivotal role in powering Malaysia&rsquo;s smart and AI-driven city ambitions through our nationwide 5G infrastructure. This next-generation connectivity is the backbone of innovation &mdash; enabling real-time data, intelligent systems, and sustainable urban solutions that will define the cities of the future.&rdquo;&nbsp;

&nbsp;

With Malaysia assuming the ASEAN Chairmanship this year, SCEKL25 will play a key role in advancing the ASEAN Master Plan on Connectivity 2025, strengthening physical, institutional, and people-to-people linkages across the region. The Expo is expected to attract over 2,000 delegates and 10,000 visitors, including international participants, catalysing trade, foreign direct investment, and cross-border partnerships.

&nbsp;

The event also unveiled its key partners, including Diamond Partners Dell Technologies and Intel, Official Innovation Partner Huawei and Gold Partner&nbsp;Ericsson. Strategic Partners such as the Malaysian Industry-Government Group for High Technology (MIGHT), Malaysia Smart Cities Alliance (MSCA), Smart Cities Network, and the Malaysia PropTech Association further highlight the industry&rsquo;s strong and united commitment to driving smart city innovation and digital transformation across Malaysia and the ASEAN region.

&nbsp;

For more information, please visit: https://www.smartcityexpokl.com/&nbsp;

&nbsp;

- END -

&nbsp;

Issued by:

Corporate Communications Division

Malaysia Digital Economy Corporation (MDEC)

Corporate Communications

Digital Nasional Berhad (DNB)

MALAYSIA SET TO HOST FIRST EVER SOUTHEAST ASIA SMART CITY EXPO

TOKYO, 16 May 2025 - The Malaysia Digital Economy Corporation (MDEC) has announced that it has secured more than RM350 million in business export opportunities at the largest global Sushi Tech Tokyo 2025 recently. This milestone highlights Malaysia&rsquo;s commitment to fostering innovation and collaboration within the global technology ecosystem.

&nbsp;

The event has become synonymous with being &lsquo;Asia&rsquo;s largest startup and innovation conference&rsquo; and brought together tens of thousands of participants and more than 500 startups from around the world. Among others, its objectives were aimed at fostering open innovation to address global urban challenges through cutting-edge technologies and diverse ideas.

&nbsp;

Anuar Fariz Fadzil, CEO of MDEC, stated that the achievement of RM350 million in business export opportunities reflects Malaysia&rsquo;s international standing as a trusted and attractive investment destination on the global front.

&nbsp;

&ldquo;This accomplishment is a clear reflection of the innovative spirit and resilience of Malaysian digital entrepreneurs. Our commitment to promoting Malaysia as a global digital hub is stronger than ever, and we will continue to empower our tech ecosystem to explore international opportunities&rdquo;, he said.

&nbsp;

&ldquo;Malaysia&rsquo;s strong digital infrastructure, pro-business policies and strategic location at the heart of Southeast Asia have made our nation an ideal launchpad for global technology partnerships. Coupled with strategic government-led initiatives and a thriving pool of digital talent, our country continues to attract sustained interest from international investors and technology companies looking to expand their footprint in the region,&rdquo; added Anuar.

&nbsp;

As the Ambassador and Lead Organisation for the Malaysia Pavilion at the event, MDEC &ndash; along with the Malaysia External Trade Development Corporation (MATRADE) Tokyo and the Japan External Trade Organization (JETRO) &ndash; was joined by Selangor Information Technology &amp; Digital Economy Corporation (SIDEC) and Cyberview Sdn Bhd, to showcase 17 Malaysian tech companies through exhibition booths, a Malaysia Tech Spotlight pitching session, and key business meetings.

&nbsp;

Malaysian tech companies had hosted over 150 business meetings with corporates and companies from various countries, including Thailand, South Korea, Australia, Mexico, and the United States of America, covering a wide range of topics such as AI, Fintech, Robotics, Semiconductor, and Quantum&nbsp;technology.

&nbsp;

The Malaysian tech companies include Alphaswift Industries, ALT Synergy, Bay Group Holdings, Boostorder, Collaborative Excellence, GoFluence, Hikayat Kebun, MDT Innovations, Move Robotic, MV Asia Sdn Bhd (FoneApp), Neupulse (BiiB), Pandai Education, Primary Guard, Sky-Tag Robotics, Unicom Marketing Digital, Xtractify and Qarbotech.

&nbsp;

Among the key highlights of the mission is the Memorandum of Understanding (MoU) exchange between MDEC and WingArc1st, a renowned Japanese provider of software and cloud services, held at WingArc1st&rsquo;s headquarters in Roppongi. 

&nbsp;

Represented by Jun Tanaka, CEO of WingArc1st, and Wan Murdani Wan Mohamad, MDEC&rsquo;s Head of Digital Industry Acceleration &amp; Digital Exports, the MoU aims to enhance the data capabilities of high-potential Malaysian startups and accelerate their business growth by facilitating Malaysian startups&rsquo; entry into Japan through Proof of Concept (PoC) demonstrations and funding support to drive cross-border innovation and expansion.

&nbsp;

MDEC also witnessed the collaboration partnership signing between Boostorder and WingArc1st, which aims to enhance operational efficiency and empower informed decision-making through data-driven solutions, reinforcing the commitment to leveraging technology for business growth. 

&nbsp;

- END -

&nbsp;

Issued by:

Corporate Communications Division

Malaysia Digital Economy Corporation (MDEC)

MDEC SURPASSES RM350 MILLION IN BUSINESS EXPORT OPPORTUNITIES AT SUSHI TECH TOKYO 2025

KUCHING, 16 Mei 2025 &ndash; Perbadanan Ekonomi Digital Malaysia (MDEC), agensi peneraju ekonomi digital negara di bawah seliaan Kementerian Digital (KD), hari ini menganjurkan Jelajah Malaysia Digital (JMD) @ Kuching bertempat di TEGAS Digital Village, Sarawak. Inisiatif ini merupakan sebahagian daripada siri jelajah nasional yang dicetuskan oleh YB Tuan Gobind Singh Deo, Menteri Digital, sebagai platform strategik untuk memperkukuh ekosistem digital negara melalui pendekatan bersasar mengikut potensi dan keperluan negeri.

&nbsp;

Setakat Mei 2025, siri jelajah ini telah dilaksanakan di lima lokasi iaitu Ipoh, Taiping, Alor Setar, Sandakan dan Kapit &ndash; menjadikan Kuching sebagai destinasi keenam bagi tahun ini. Edisi JMD @ Kuching memberi fokus khusus kepada sektor Kandungan Kreatif Digital melibatkan animasi, permainan digital dan teknologi kreatif &ndash; sejajar dengan potensi Sarawak sebagai pusat naratif tempatan serta hab warisan budaya digital negara. JMD kali ini berfungsi sebagai platform untuk kolaborasi antara syarikat tempatan, kerajaan dan komuniti luar bandar terhadap bidang kandungan kreatif berimpak tinggi.

&nbsp;

Beberapa syarikat kreatif digital dari Sarawak yang berprestasi tinggi turut diberikan pengiktirafan dalam program ini:

&nbsp;

&bull; Betapuru Digital &ndash; Penerima Digital Content Grant 2025; menghasilkan animasi hiper-realistik dan kandungan AR/VR.

&bull; Metadise &ndash; Syarikat teknologi kreatif dan pendidikan digital; kini membangunkan projek metaverse &ldquo;Tech-Me To Sarawak&rdquo; dan turut tersenarai sebagai penerima&nbsp;Digital Content Grant 2025.

&nbsp;

Pasaran penciptaan kandungan digital global dijangka meningkat daripada USD27.99 bilion pada tahun 2024 kepada USD57.04 bilion menjelang 2029 &ndash; dengan kadar pertumbuhan tahunan 15.6%. Ini membuka peluang besar kepada Malaysia, khususnya Sarawak untuk memainkan peranan penting dalam ekosistem ekonomi digital serantau dan global.

&nbsp;

Sehingga kini, Malaysia menempatkan lebih daripada 300 studio kandungan kreatif digital dan telah menghasilkan lebih daripada 180 harta intelek asli dalam bidang animasi dan permainan digital. Pada tahun 2023, industri ini telah menjana pendapatan sebanyak RM5 bilion, dengan jumlah eksport mencecah RM1 bilion serta menyokong lebih daripada 8,200 peluang pekerjaan.

&nbsp;

Sebagai nilai tambah kepada JMD @ Kuching, MDEC turut menganjurkan program&nbsp;Kre8tif! East pada 14 hingga 15 Mei 2025, dengan kerjasama Sarawak Digital Economy Corporation (SDEC). Program ini menghimpunkan pakar industri dari&nbsp;serantau dan antarabangsa serta penggiat kandungan digital tempatan, termasuk studio animasi, pembangun permainan digital dan penggiat teknologi kreatif.

&nbsp;

Kejayaan program ini membuktikan bahawa ekosistem kandungan digital tidak lagi tertumpu di Lembah Klang. Dengan kekuatan naratif tempatan, keunikan budaya, dan kemunculan bakat muda yang menyerlah, Sarawak berpotensi menjadi pusat utama pertumbuhan kandungan kreatif digital Malaysia Timur. MDEC akan terus memperkukuh sokongan terhadap industri ini melalui pemberian dana, latihan kemahiran, serta akses pasaran agar kandungan kreatif digital dari Borneo dapat diketengahkan ke peringkat nasional dan antarabangsa.

&nbsp;

Majlis pelancaran telah disempurnakan oleh YAB Datuk Patinggi Tan Sri (Dr) Abang Haji Abdul Rahman Zohari, Premier Sarawak bersama YB Tuan Gobind Singh Deo, Menteri Digital.

&nbsp;

JMD @ Kuching turut disokong oleh rakan strategik termasuk Sarawak Digital Economy Corporation (SDEC), TEGAS, serta pemegang taruh industri kandungan digital dari seluruh negara.

&nbsp;

-TAMAT-

&nbsp;

Dikeluarkan oleh:

Bahagian Komunikasi Korporat

Perbadanan Ekonomi Digital Malaysia (MDEC)

JMD @ KUCHING PERKUKUH PERANAN SARAWAK SEBAGAI HAB KANDUNGAN KREATIF DIGITAL MALAYSIA TIMUR

PENANG, 29 April 2025 &ndash; Malaysia&rsquo;s digital economy continues to grow from strength to strength, emerging as a strategic engine of growth that creates jobs, opens new opportunities and fosters local innovation for businesses and the rakyat throughout the nation. 

&nbsp;

Backed by strong global investor confidence, total approved investments under the Malaysia Digital (MD) initiative touched RM16.2 billion from January to April this year.

&nbsp;

Minister of Digital Gobind Singh Deo said during the official launch of the Ministry of Digital&rsquo;s Northern Regional Office, the strong investment momentum is expected to create 6,480 job opportunities and strengthen Malaysia&rsquo;s position as a regional digital leader. 

&nbsp;

&ldquo;These new opportunities are set to provide more gainful employment for Malaysians while nurturing a new generation of innovators and digital talent to drive our nation&rsquo;s future growth&rdquo;.

&nbsp;

Out of 148 companies awarded with MD status during the period, from an innovation perspective, Artificial Intelligence (AI) companies represent the largest share at 27%, followed by Data Centres &amp; Cloud subsectors (23%) and Global Business Services (11.5%).

&nbsp;

Meanwhile, Malaysia Digital Economy Corporation (MDEC) CEO Anuar Fariz Fadzil said, &ldquo;This strong investment momentum reflects the trust global investors place in Malaysia&rsquo;s digital ecosystem. With world-class infrastructure, competitive talent and progressive policies under Malaysia Digital, we are going beyond building capabilities to nurture a &lsquo;national culture of innovation&rsquo; that drives long-term growth and opportunities for Malaysia,&rdquo; he said.

&nbsp;

In conjunction with the launch of the Ministry of Digital&rsquo;s Northern Regional Office, MDEC held the MD Open Day, which serves as an avenue to showcase key initiatives, foster public-private partnerships, and enable meaningful dialogue on talent development, innovation, and digital adoption. The event also marked the government&rsquo;s commitment to regional empowerment and nationwide alignment.

&nbsp;

During the event, MDEC signed a Memorandum of Understanding (MoU) with Digital Penang. This collaboration focuses on promoting the adoption of digital technologies including Big Data, AI, Web3, cybersecurity, and blockchain. It also aims to drive talent development, mentorship, funding support, and global market access, empowering startups and SMEs in the northern region to scale and compete internationally.

&nbsp;

&ldquo;As we expand Malaysia Digital&rsquo;s footprint, we remain focused on ensuring that no state or community is left behind in our digital transformation journey. Initiatives like MD Open Day and regional partnerships, we are bridging national strategies with local execution, delivering real impact for businesses and the rakyat.&rdquo;

&nbsp;

Also present today at the MD Open Day were Deputy Chief Minister of Penang II, YB Jagdeep Singh Deo A/L Karpal Singh, YB Tuan Zairil Khir Johari, EXCO for Infrastructure, Transport, and Digital of Penang, YB Tuan Syed Ibrahim Syed Noh, Chairman of MDEC together with industry stakeholders from MD companies. 

&nbsp;

For more information on MDEC&rsquo;s initiatives and support for digital investments, please visit <a href="https://mdec.my/malaysiadigital" style="color:blue; text-decoration:underline">https://mdec.my/malaysiadigital</a>.

&nbsp;

- END -

&nbsp;

Issued by:

Corporate Communications Division

Malaysia Digital Economy Corporation (MDEC)

MALAYSIA ATTRACTS RM16.2 BILLION IN DIGITAL INVESTMENTS — SOLIDIFYING POSITION AS ASEAN’S TECH HUB

MANILA, THE PHILIPPINES, 23 April 2025 &mdash; The Malaysia Digital Economy Corporation (MDEC) has once again launched its bespoke market access programme, DEX CONNEX. The annual programme begins in the Philippines this year marking the beginning of a two-day initiative to deepen digital economic ties between the Philippines and Malaysia. 

&nbsp;

The DEX CONNEX Philippines 2025 programme brings together 49 Malaysian tech companies and 43 Filipino partners, creating a dynamic platform for cross-border collaboration, bilateral knowledge exchange, and market expansion. It is part of MDEC&rsquo;s broader Digital Exports (DEX) Programme, which seeks to accelerate the growth of Malaysian tech companies by facilitating access to high-potential markets and forging strategic partnerships. 

&nbsp;

A major launch highlight is the exchange of 14 Memorandums of Understanding (MoUs), including a milestone collaboration between MDEC and DBP Data Centre Incorporated (DCI). An exchange of an MoU between MDEC Chief Executive Officer (CEO) Anuar Fariz Fadzil, and Michielson L. Luakian, President and CEO of Development Bank of the Philippines (DBP) Data Center Incorporated (DCI) was conducted, signalling their joint commitment to bolster digital infrastructure and innovation between both countries. 

&nbsp;

&ldquo;Today&rsquo;s launch marks a new chapter in the growing partnership between Malaysia and the Philippines. Through DEX CONNEX, we aim to catalyse cross-border innovation and unlock new economic opportunities-championing our digital companies and advancing Malaysia&rsquo;s position as a regional digital powerhouse,&rdquo; said Anuar. 

&nbsp;

&ldquo;Our shared vision with our Filipino counterparts is to nurture inclusive and sustainable digital growth. By deepening relations within ASEAN and leveraging the strength of our tech ecosystem, we are confident in achieving long-term, meaningful impact,&rdquo; Anuar added. 

&nbsp;

The Ambassador of Malaysia to the Philippines, Dato&rsquo; Abdul Malik Melvin Castelino highlighted that as the Chairman of ASEAN this year, Malaysia stand ready to steer the region in fostering deeper collaboration in the digital sector particularly through enhancing regional connectivity, promoting digital innovation, and supporting inclusive digital economy initiatives. He added that, &ldquo;Platforms such as DEX CONNEX are indispensable for fostering exponential growth, empowering Malaysian and Philippine enterprises to forge strategic alliances, collaboratively develop innovative solutions, and achieve greater scale together across our respective borders&rdquo;. 

&nbsp;

To further deepen Malaysia&rsquo;s partnership with the Government of Philippines, MDEC, and DBP Data Centre Incorporated (DCI) exchanged a Memorandum of Understanding (MoU) which lays out a general framework for cross-border collaboration in the ICT sector, focusing on innovative solutions, joint initiatives, knowledge-sharing, and trade promotion between the Philippines and Malaysia. 

&nbsp;

A total of 14 MoUs were exchanged between Malaysian and Filipino tech companies, including MDEC and DBP-DCI at the programme. Among the key collaborations formalised today are:

&nbsp;

<table cellspacing="0" class="MsoTableGrid" style="border-collapse:collapse; border:none">
	<tbody>
		<tr>
			<td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; height:20px; vertical-align:top; width:301px">
			Malaysian Tech Companies
			</td>
			<td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:20px; vertical-align:top; width:301px">
			Philippines Partners
			</td>
		</tr>
		<tr>
			<td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			Easystore Commerce Sdn Bhd
			</td>
			<td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			BilisBenta Corporation
			</td>
		</tr>
		<tr>
			<td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			Easystore Commerce Sdn Bhd
			</td>
			<td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			LBC Express Inc.
			</td>
		</tr>
		<tr>
			<td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			Enginemailer Sdn Bhd
			</td>
			<td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			KreativExpo Inc.
			</td>
		</tr>
		<tr>
			<td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			Enginemailer Sdn Bhd
			</td>
			<td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			Excelerate Technologies Inc.
			</td>
		</tr>
		<tr>
			<td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			IX Telecom Sdn Bhd
			</td>
			<td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			Responsible Internet Sustainability Effort, Inc. (RISE)
			</td>
		</tr>
		<tr>
			<td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			IX Telecom Sdn Bhd
			</td>
			<td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			Eastern Telecommunications Philippines, Inc. (ETPI)
			</td>
		</tr>
		<tr>
			<td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			FieldEx Sdn Bhd
			</td>
			<td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			IOT Technology Inc.
			</td>
		</tr>
		<tr>
			<td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			FinHero (Sisters Inspire Sdn. Bhd.)
			</td>
			<td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			CIBI information Inc.
			</td>
		</tr>
		<tr>
			<td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			GoFluence Holding Sdn Bhd
			</td>
			<td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			GoFluence Philippines
			</td>
		</tr>
		<tr>
			<td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			Horecabid Systems Philippines Inc (HorecaBid Sdn. Bhd)
			</td>
			<td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			Philippines Medical Depot Inc.
			</td>
		</tr>
		<tr>
			<td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			ReSkills EdTech Sdn Bhd
			</td>
			<td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			Rizal Technological University
			</td>
		</tr>
		<tr>
			<td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			Sandfil International (M) Sdn Bhd
			</td>
			<td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			Rj Engaged Management and Organi.zational Development Consultancy
			</td>
		</tr>
		<tr>
			<td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			Visual Solutions (M) Sdn Bhd
			</td>
			<td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:20px; vertical-align:top; width:301px">
			Lamsan Holdings Corporation
			</td>
		</tr>
	</tbody>
</table>

&nbsp;

These partnerships have resulted in engagements worth over RM150 million, underscoring the programme&rsquo;s pivotal role in promoting Malaysian technology and innovation on the global stage. 

&nbsp;

Following successful iterations in the Philippines, Indonesia, Thailand and Vietnam in 2024, DEX CONNEX has now connected over 180 companies, unlocking more than US$271.35 million (RM1.196 billion) in potential commercial opportunities across the region. 

&nbsp;

DEX CONNEX Philippines 2025 is organised in collaboration with the Development Bank of the Philippines (DBP) Data Center Incorporated (DCI), Embassy of Malaysia in Manila, MATRADE Manila and local industry stakeholders. The programme continues on 24 April with curated business matching sessions.

&nbsp;

-END-

&nbsp;

Issued by:

Corporate Communications Division

Malaysia Digital Economy Corporation (MDEC)

MDEC LAUNCHES DEX CONNEX PHILIPPINES 2025 TO STRENGTHEN DIGITAL ECONOMY TIES WITHIN ASEAN

KUALA LUMPUR, 22 April 2025 &ndash; The Malaysia Digital Economy Corporation (MDEC) and Zhejiang University recently signed a Letter of Intent (LOI) to collaborate on digital transformation, AI ecosystem and smart cities based on the &lsquo;Zhejiang Model&rsquo;, a successful digital governance transformation framework.

&nbsp;

MDEC CEO Anuar Fariz Fadzil said that the partnership is strategic to Malaysia&rsquo;s ambition of becoming a leading digital nation under the MADANI Government. 

&nbsp;

&ldquo;This partnership reinforces MDEC&rsquo;s core mission to build a robust digital ecosystem that incubates future-ready talent, drives innovation and supports cutting edge research,&rdquo; said Anuar. He also added that it closely aligns with the government&rsquo;s digital transformation agenda, prioritising key areas such as talent development, enhanced data management, AI security and smart cities. 

&nbsp;

Zhejiang University, with a legacy spanning more than a century, is widely recognised for its role in nurturing tech talent and advancing AI innovation.

&nbsp;

It notably shaped Liang Wenfeng, the founder of DeepSeek &mdash; a breakthrough player in the Generative AI space &mdash; whose innovations have made high-performing AI models significantly more cost-efficient and accessible, accelerating the democratisation of AI technologies worldwide.

&nbsp;

MDEC&rsquo;s investments and exports programmes under the Malaysia Digital Initiative have successfully landed substantial foreign direct investments (FDI) and created significant traction on exports to China. 

&nbsp;

In 2024, Chinese companies under the Malaysia Digital programme committed investments amounting to RM11.9 billion. Malaysia Digital companies exported an estimated RM503.4 million to China. Among the top 5 companies by value include Vitrox Corporation Berhad, Sea Gamer Mall, Pentamaster Corporation Berhad, Inari Amerton and Juwai-IQI Holdings, with a strong contribution from the verticals of semiconductor, gaming and PropTech industries.

&nbsp;

&ldquo;All these components are key in developing a successful digital network. The collaboration will include exploring Zhejiang University&rsquo;s thriving AI ecosystem, particularly in fostering collaboration among government, universities, the private sector as well as empowering digital talent,&rdquo; said Anuar.

&nbsp;

&ldquo;These aspects go beyond technical initiatives to serve as strategic enablers that support Malaysia&rsquo;s broader goals: boosting our digital competitiveness, nurturing a future-ready workforce and creating inclusive and sustainable smart cities,&rdquo; he added.

&nbsp;

Malaysia stands to gain valuable insights into the &lsquo;Zhejiang Model&rsquo; of digital governance, which offers a proven framework for integrating digital innovation across all levels of society.

&nbsp;

&ldquo;As Malaysia serves as ASEAN Chair this year, this partnership lays the foundation for AI-driven progress that extends well beyond our two nations,&rdquo; said Anuar. &ldquo;It reinforces our nation&rsquo;s commitment to strengthening regional ties and advancing shared goals in digital transformation.&rdquo; 

&nbsp;

This development follows on from the People&rsquo;s Republic of China President Xi Jinping&rsquo;s highly successful visit to Malaysia last week, which included deepening bilateral cooperation on the digital front after having met with Prime Minister Datuk Seri Anwar Ibrahim together with other ministers including Minister of Digital Gobind Singh Deo.

&nbsp;

-END-

&nbsp;

Issued by:

Corporate Communications Division 

Malaysia Digital Economy Corporation (MDEC

MDEC–ZHEJIANG UNIVERSITY PARTNERSHIP SPURS AI AND DIGITAL ECONOMY INNOVATION 

KUALA LUMPUR, 11 APRIL 2025 &mdash; With Malaysia&rsquo;s rapidly maturing digital creative industry &mdash; spanning animations, films and video games &mdash; emerging as a key driver of economic growth, the Malaysia Digital Economy Corporation (MDEC) has announced a series of incentive programmes aimed at advancing industry development and enhancing the industry&rsquo;s international competitiveness.

&nbsp;

MDEC Chief Executive Officer Anuar Fariz Fadzil described the digital creative industry as a &lsquo;strategic economic industry with strong potential that continues to create high-value jobs, nurture local intellectual property while driving export revenue&rsquo;.

&nbsp;

&ldquo;Through these financial incentive programmes, we aim to strengthen the entire value chain &mdash; from talent development to market access &mdash; while positioning Malaysia as a globally competitive hub for digital content creation,&rdquo; he said.

&nbsp;

&ldquo;Often driven by passion and creativity, the digital creative industry attracts professionals who are deeply committed to their craft,&rdquo; he added. 

&nbsp;

&ldquo;MDEC&rsquo;s programmes are designed to support these talents by encouraging them to build on their strengths, explore innovative ideas and turn their passion into commercially viable content for local and global audiences.&rdquo;

&nbsp;

Malaysia&rsquo;s digital content market has grown substantially over the years, posting RM87.25 billion in revenue and RM11.18 billion in export sales, while creating gainful employment for some 11,154 Malaysians within this industry since 2011.

&nbsp;

Anuar was speaking at the Digital Creative Industry Engagement Session 2025, where MDEC officially launched the new funding initiatives aimed at empowering local studios and digital content creators across key segments such as games, animation and the metaverse. They include:

&nbsp;

<ul>
	<li style="text-align:justify">The Digital Games Testbed Programme (DGTP) aimed at strengthening Malaysia&rsquo;s games industry by providing RM3.5 million in funding to at least five Malaysian game development companies, each eligible for up to RM700,000. Open to Malaysian-owned games studios with a proven track record and a clear IP expansion strategy, DGTP encourages new game genres, enhances local studios, and fosters international partnerships to position Malaysia as a competitive game development hub. </li>
</ul>

<div style="text-align:justify">&nbsp;</div>

<ul>
	<li style="text-align:justify">The Animation Shorts Challenge programme, a competition-based initiative designed to strengthen Malaysia&rsquo;s animation industry by nurturing high-quality digital content. Through structured competition and industry mentorship, this programme supports local creators in developing impactful animated short films, commonly called shorts, with strong Intellectual Property (IP) potential. The initiative is set to provide selected participants with expert guidance, bridging local talent with industry leaders to enhance skills, creativity and global market readiness. A total project fund of RM1.2 million will be allocated to support 12 trained participants and the development of 12 new animation short IPs.</li>
</ul>

<div style="text-align:justify">&nbsp;</div>

<ul>
	<li style="text-align:justify">Lastly, the Business in Metaverse Programme is designed to help Malaysian businesses leverage metaverse technologies for brand engagement and immersive commerce. With a total funding of RM1 million, this programme will support 200 businesses, each eligible to receive up to RM5,000 to implement metaverse-based marketing strategies. By integrating digital tools such as virtual storefronts, gamified marketing strategies, and branded digital assets, businesses can enhance customer engagement and increase brand visibility in the evolving metaverse landscape. </li>
</ul>

&nbsp;

Anuar reaffirmed MDEC&rsquo;s commitment to advancing all facets of the digital economy, including nurturing local innovation, supporting local industry players and building a resilient digital ecosystem while enabling jobs and opportunities. 

&nbsp;

&ldquo;The newly announced incentives are aimed at driving sustainable industry growth, attracting international investment and positioning Malaysia as a prominent player within the global digital creative landscape, which we already are,&rdquo; he concluded.

&nbsp;

For more information on these initiatives, including application details and deadlines, please visit <a href="https://mdec.my/" style="color:#467886; text-decoration:underline">https://mdec.my/</a>

&nbsp;

&nbsp;

-END-

&nbsp;

Issued by:

Corporate Communications Division 

Malaysia Digital Economy Corporation (MDEC)

MALAYSIA TARGETS STRONGER GLOBAL STAGE PRESENCE WITH FRESH FUNDING FOR GAMES, ANIMATION AND METAVERSE

PUTRA HEIGHTS, 11 April 2025 &ndash; Sumbangan peranti elektronik anggaran bernilai RM300,000.00 disalurkan Kementerian Digital kepada mangsa tragedi letupan paip gas di Putra Heights, Subang Jaya, sebagai usaha untuk meringankan beban mangsa yang kehilangan atau mengalami kerosakan pada peranti elektronik mereka.

&nbsp;

Inisiatif Kementerian Digital ini telah diterajui oleh agensi-agensi di bawah Kementerian Digital seperti Perbadanan Ekonomi Digital Malaysia (MDEC), MyDigital Corporation, dan Digital Nasional Berhad (DNB) untuk menerajui kutipan barangan sumbangan. Antara peranti elektronik yang disumbangkan termasuk 500 unit &lsquo;power bank&rsquo;, 150 unit bag sekolah dan alat tulis, 100 unit tablet, 138 unit komputer riba, 4 unit mesin cetak, dan lain-lain.

&nbsp;

Semasa lawatan YB Menteri Digital ke Pusat Pemindahan Sementara (PPS) di Masjid Putra Heights sebelum ini, beliau dimaklumkan bahawa ramai mangsa kehilangan peranti elektronik seperti telefon pintar dan komputer riba yang menjadi keperluan utama dalam kehidupan harian mereka.

&nbsp;

Barangan peranti elektronik ini telah disumbangkan oleh MDEC, Payments Network Malaysia (PayNet), Kiddocare Sdn Bhd, Huawei Malaysia, PIKOM, Sri Computers Sdn Bhd, Dell Technologies, Jirnexu Malaysia Sdn Bhd, Lenovo Malaysia, Ant International, Acer Malaysia dan penderma-penderma persendirian.

&nbsp;

Sumbangan telah disampaikan oleh YAB Dato&#39; Seri Amirudin bin Shari, Menteri Besar Selangor; Anuar Fariz Fadzil, Ketua Pegawai Eksekutif MDEC; YBhg Tuan Mano Verabathiran, Timbalan Ketua Setiauusaha (TKSU (T)) Kementerian Komunikasi; YBhg Dato&rsquo; Johary Bin Anuar, Timbalan Setiausaha Kerajaan (Pembangunan) merangkap Pengarah UPEN; YBrs Dato&rsquo; Ts. Saipolyazan M Yusop, Ketua Pegawai Eksekutif Kumpulan MBI; YBhg Dr. Jafri Bin Abu, Pengarah Pendidikan Negeri Selangor serta barisan pengurusan tertinggi penyumbang di Pusat Pemindahan Sementara (PPS) Masjid Putra Heights. Agihan barangan pada hari ini telah diuruskan oleh Menteri Besar Incorporation (MBI).

&nbsp;

-TAMAT-

&nbsp;

Dikeluarkan oleh:

Bahagian Komunikasi Korporat&nbsp;&nbsp;

Perbadanan Ekonomi Digital Malaysia (MDEC)

KEMENTERIAN DIGITAL MELALUI MBI, MDEC, MyDIGITAL & DNB SALUR BANTUAN PERANTI HAMPIR RM300,000 KEPADA MANGSA PUTRA HEIGHTS

KUALA LUMPUR, 28 March 2025 &mdash; Industry leaders have voiced strong support for the Business Digitalisation Initiative (BDI) praising it as a transformative step in accelerating micro, small, and medium enterprises (MSME) digital adoption. They recognise its role in providing businesses with essential tools, funding access, and expert guidance to drive growth and competitiveness in the digital economy.

&nbsp;

The BDI is supported by a cumulative funding pool of approximately RM1.5 billion, facilitated through strategic public-private partnerships with financial institutions, digital banks, peer to peer (P2P) lending platforms, and local service providers to drive digital transformation for MSMEs across Malaysia.

&nbsp;

Minister of Digital, YB Gobind Singh Deo said: &quot;This BDI initiative is a business centric transformative digitalisation initiative by the Madani Government to empower MSMEs with innovative technology solutions for their realisation of greater productivity and operational efficiencies.&quot;

&nbsp;

As part of this effort, the initiative also offers affordable and freemium e-invoicing tools based on the Peppol framework, supported by 21 Malaysia Digital Economy Corporation (MDEC) accredited service providers. These tools streamline financial processes, improve compliance, and enhance efficiency for MSMEs.

&nbsp;

MDEC Chief Executive Officer Anuar Fariz Fadzil commented: &quot;The BDI is about &lsquo;uplifting&rsquo; MSMEs by building their resilience, enhancing competitiveness, and future-proofing their growth. We aim to tackle real business &lsquo;pain points&rsquo;&mdash; whether it&rsquo;s a lack of skills, tools, funding or even knowing where to begin &mdash; and offer solutions that are targeted, practical and relevant to their business aspirations.&rdquo;

&nbsp;

&ldquo;This includes tailored support, strategic partnerships, access to financing and freemium e-invoicing tools, ensuring digitalisation is both accessible and impactful for MSMEs throughout our beloved nation,&rdquo; concluded Anuar.

&nbsp;

Industry endorsements

CTOS Data Systems Chief Operating Officer Lee Shin Mei, welcomed the initiative and commended the government&rsquo;s commitment to MSME digitalisation, highlighting the importance of uniting key industry players to provide meaningful support.

&nbsp;

Meanwhile, BigLedger Chief Executive Officer Vincent Lee underscored the transformative potential of Peppol-based e-invoicing, noting that it serves as a gateway for MSMEs to integrate into regional and global supply chains while improving financial efficiency. 

&nbsp;

Managing Director of Grab Malaysia Adelene Foo recognised the government&rsquo;s holistic approach to MSME digitalisation and affirmed Grab&rsquo;s commitment to using technology to drive economic empowerment and inclusive growth in Malaysia and the region.

&nbsp;

Chief of Staff for GXBank Malaysia, Hildah Hamzah, underscored the bank&rsquo;s commitment to financial inclusion, stating that by leveraging digital banking solutions, they aim to simplify MSME access to financing and drive their growth in the digital economy.

&nbsp;

In addition, PIKOM Chairman Alex Liew commended the BDI as a transformative initiative that unites key stakeholders to drive MSME digitalisation, emphasising strong leadership and collaboration in creating an ecosystem that enables businesses to scale and compete.

&nbsp;

Several Memorandum of Understanding (MoUs) were signed between MDEC, SME Corp Malaysia, and various industry partners, reinforcing the collaborative effort to support MSMEs in their digital transformation journeys. Through these partnerships, MDEC continues to champion the digitalisation agenda by fostering a collaborative ecosystem that connects businesses with the right digital solutions, expertise, and funding opportunities. 

&nbsp;

-END-

&nbsp;

Issued by:

Corporate Communications Division 

Malaysia Digital Economy Corporation (MDEC)

&nbsp;

APPENDIX: INDUSTRY LEADER QUOTES

&nbsp;

CTOS Data Systems Chief Operating Officer Lee Shin Mei:

&ldquo;It is certainly a mammoth effort by KD and MDEC, with support from SME Corporation Malaysia, to break new ground for the MSME community. Pulling together key industry players within the spheres of tech and financial services is no easy task &ndash; and credit to KD, MDEC and SME Corp for uniting the ecosystem to deliver meaningful, actionable support for our nation&rsquo;s entrepreneurs. The cornerstone of the Malaysian economy.&rdquo; She added: &ldquo;Our expertise in digital credit decisioning and data analytics benefits the MSME community by enabling more informed, efficient and accessible financial services.&rdquo;

&nbsp;

BigLedger Chief Executive Officer Vincent Lee:

&ldquo;Peppol goes beyond being just a compliance tool to serve as a &lsquo;key gateway&rsquo; for MSMEs to enter regional and global supply chains. By integrating our data lake capabilities with Peppol, we help businesses automate workflows, ensure real-time financial visibility and reduce operational bottlenecks.&rdquo;

&nbsp;

Grab Malaysia Managing Director Adelene Foo:

&ldquo;Digitalisation has long been a key driver of business growth. At Grab, we have been committed to empowering MSMEs with the right tools, insights, and financial solutions to scale sustainably. Through this collaboration with MDEC, we look forward to further strengthening these efforts and reaching even more MSMEs across Malaysia, helping them grow and thrive in the digital economy. The MoU marks another step forward in Grab&rsquo;s ongoing efforts to support local businesses, and we look forward to working closely with MDEC and other like-minded partners to contribute to the nation&rsquo;s development and ensuring that more Malaysians can benefit from the digital economy.&rdquo;

&nbsp;

GXBank Malaysia Chief of Staff Hildah Hamzah:

&ldquo;We are thrilled to sign the MoU with MDEC to drive the digital transformation of MSMEs. As one of Malaysia&rsquo;s three operational digital banks, we have onboarded over one million Malaysians. MSMEs represent the next key demographic for us. Historically, MSMEs have been sidelined by rigid credit assessments and cumbersome procedures. Our goal is to bridge this gap with accessible, tech-driven financial solutions.&rdquo;

&nbsp;

PIKOM Chairman Alex Liew:

&ldquo;It is a remarkable undertaking by KD, MDEC and SME Corp. Uniting key stakeholders from across the tech and financial services landscape under a common vision requires strong leadership and coordination. Full credit to all parties for creating an ecosystem that delivers practical, results-driven support to our nation&rsquo;s entrepreneurs. PIKOM fully support the initiative,&rdquo;

&nbsp;

-END-

&nbsp;

KUALA LUMPUR, 28 March 2025 &mdash; Industry leaders have voiced strong support for the Business Digitalisation Initiative (BDI) praising it as a transformative step in accelerating micro, small, and medium enterprises (MSME) digital adoption. They recognise its role in providing businesses with essential tools, funding access, and expert guidance to drive growth and competitiveness in the digital economy.

&nbsp;

The BDI is supported by a cumulative funding pool of approximately RM1.5 billion, facilitated through strategic public-private partnerships with financial institutions, digital banks, peer to peer (P2P) lending platforms, and local service providers to drive digital transformation for MSMEs across Malaysia.

&nbsp;

Minister of Digital, YB Gobind Singh Deo said: &quot;This BDI initiative is a business centric transformative digitalisation initiative by the Madani Government to empower MSMEs with innovative technology solutions for their realisation of greater productivity and operational efficiencies.&quot;

&nbsp;

As part of this effort, the initiative also offers affordable and freemium e-invoicing tools based on the Peppol framework, supported by 21 Malaysia Digital Economy Corporation (MDEC) accredited service providers. These tools streamline financial processes, improve compliance, and enhance efficiency for MSMEs.

&nbsp;

MDEC Chief Executive Officer Anuar Fariz Fadzil commented: &quot;The BDI is about &lsquo;uplifting&rsquo; MSMEs by building their resilience, enhancing competitiveness, and future-proofing their growth. We aim to tackle real business &lsquo;pain points&rsquo;&mdash; whether it&rsquo;s a lack of skills, tools, funding or even knowing where to begin &mdash; and offer solutions that are targeted, practical and relevant to their business aspirations.&rdquo;

&nbsp;

&ldquo;This includes tailored support, strategic partnerships, access to financing and freemium e-invoicing tools, ensuring digitalisation is both accessible and impactful for MSMEs throughout our beloved nation,&rdquo; concluded Anuar.

&nbsp;

Industry endorsements

CTOS Data Systems Chief Operating Officer Lee Shin Mei, welcomed the initiative and commended the government&rsquo;s commitment to MSME digitalisation, highlighting the importance of uniting key industry players to provide meaningful support.

&nbsp;

Meanwhile, BigLedger Chief Executive Officer Vincent Lee underscored the transformative potential of Peppol-based e-invoicing, noting that it serves as a gateway for MSMEs to integrate into regional and global supply chains while improving financial efficiency. 

&nbsp;

Managing Director of Grab Malaysia Adelene Foo recognised the government&rsquo;s holistic approach to MSME digitalisation and affirmed Grab&rsquo;s commitment to using technology to drive economic empowerment and inclusive growth in Malaysia and the region.

&nbsp;

Chief of Staff for GXBank Malaysia, Hildah Hamzah, underscored the bank&rsquo;s commitment to financial inclusion, stating that by leveraging digital banking solutions, they aim to simplify MSME access to financing and drive their growth in the digital economy.

&nbsp;

In addition, PIKOM Chairman Alex Liew commended the BDI as a transformative initiative that unites key stakeholders to drive MSME digitalisation, emphasising strong leadership and collaboration in creating an ecosystem that enables businesses to scale and compete.

&nbsp;

Several Memorandum of Understanding (MoUs) were signed between MDEC, SME Corp Malaysia, and various industry partners, reinforcing the collaborative effort to support MSMEs in their digital transformation journeys. Through these partnerships, MDEC continues to champion the digitalisation agenda by fostering a collaborative ecosystem that connects businesses with the right digital solutions, expertise, and funding opportunities. 

&nbsp;

-END-

&nbsp;

Issued by:

Corporate Communications Division 

Malaysia Digital Economy Corporation (MDEC)

&nbsp;

APPENDIX: INDUSTRY LEADER QUOTES

&nbsp;

CTOS Data Systems Chief Operating Officer Lee Shin Mei:

&ldquo;It is certainly a mammoth effort by KD and MDEC, with support from SME Corporation Malaysia, to break new ground for the MSME community. Pulling together key industry players within the spheres of tech and financial services is no easy task &ndash; and credit to KD, MDEC and SME Corp for uniting the ecosystem to deliver meaningful, actionable support for our nation&rsquo;s entrepreneurs. The cornerstone of the Malaysian economy.&rdquo; She added: &ldquo;Our expertise in digital credit decisioning and data analytics benefits the MSME community by enabling more informed, efficient and accessible financial services.&rdquo;

&nbsp;

BigLedger Chief Executive Officer Vincent Lee:

&ldquo;Peppol goes beyond being just a compliance tool to serve as a &lsquo;key gateway&rsquo; for MSMEs to enter regional and global supply chains. By integrating our data lake capabilities with Peppol, we help businesses automate workflows, ensure real-time financial visibility and reduce operational bottlenecks.&rdquo;

&nbsp;

Grab Malaysia Managing Director Adelene Foo:

&ldquo;Digitalisation has long been a key driver of business growth. At Grab, we have been committed to empowering MSMEs with the right tools, insights, and financial solutions to scale sustainably. Through this collaboration with MDEC, we look forward to further strengthening these efforts and reaching even more MSMEs across Malaysia, helping them grow and thrive in the digital economy. The MoU marks another step forward in Grab&rsquo;s ongoing efforts to support local businesses, and we look forward to working closely with MDEC and other like-minded partners to contribute to the nation&rsquo;s development and ensuring that more Malaysians can benefit from the digital economy.&rdquo;

&nbsp;

GXBank Malaysia Chief of Staff Hildah Hamzah:

&ldquo;We are thrilled to sign the MoU with MDEC to drive the digital transformation of MSMEs. As one of Malaysia&rsquo;s three operational digital banks, we have onboarded over one million Malaysians. MSMEs represent the next key demographic for us. Historically, MSMEs have been sidelined by rigid credit assessments and cumbersome procedures. Our goal is to bridge this gap with accessible, tech-driven financial solutions.&rdquo;

&nbsp;

PIKOM Chairman Alex Liew:

&ldquo;It is a remarkable undertaking by KD, MDEC and SME Corp. Uniting key stakeholders from across the tech and financial services landscape under a common vision requires strong leadership and coordination. Full credit to all parties for creating an ecosystem that delivers practical, results-driven support to our nation&rsquo;s entrepreneurs. PIKOM fully support the initiative,&rdquo;

&nbsp;

-END-

INDUSTRY LEADERS BACK MDEC’S BUSINESS DIGITALISATION INITIATIVE FOR MSME 

KUALA LUMPUR, 26 March 2025 &mdash; Malaysia Digital Economy Corporation (MDEC) wishes to clarify that the total cumulative fund of approximately RM1.5 billion to support business digitalisation initiative amongst Micro, Small, and Medium Entreprises (MSMEs) announced yesterday is not an outright government allocation.

&nbsp;

Instead, the fund is being made possible through strategic public-private-partnerships among government agencies and supporting partners including financial institutions, digital banks, peer to peer (P2P) lending platforms and local service providers. It also serves to offer digital financing facilitation for this community&rsquo;s business operation needs.

&nbsp;

This Business Digitalisation Initiative (BDI) is a business centric transformative digitalisation initiative by the Madani Government to empower MSMEs with innovative technology solutions for their realisation of greater productivity and operational efficiencies.

&nbsp;

It represents a &lsquo;whole-of-nation&rsquo; approach to ensure MSMEs have access to digital solutions, financing opportunities and expert guidance to enhance their competitiveness within today&rsquo;s rapidly evolving digital economy.

&nbsp;

Through this BDI initiative, the Madani Government is accelerating MSME digital adoption while nurturing inclusive growth that enables businesses of all sizes to thrive in the years and decades ahead.

&nbsp;

As a result, various Memorandum of Understanding (MoU) collaborations between MDEC-SME Corp, as well as with various partners from financial institutions, digital banks, peer to peer (P2P) lending platforms and local service providers were formalised &ndash; all aimed at ensuring that MSMEs receive comprehensive support across funding, digital tools and capacity building to successfully transition into the digital economy.

&nbsp;

This initiative also aims to &lsquo;uplift&rsquo; MSMEs by building their resilience, enhancing competitiveness and future-proofing their growth through meaningful digital adoption. It is about tackling real business &lsquo;pain points&rsquo; &mdash; may that be lack of skills, tools, funding or simply not knowing where to start &mdash; and providing targeted, practical solutions that are realistic and relevant to their operations and business aspirations.

&nbsp;

This approach includes tailored support, strategic partnerships, access to financing, and affordable or even freemium e-invoicing tools built on the Peppol framework, making digitalisation more accessible while encouraging MSMEs to scale locally and globally.&nbsp;

&nbsp;

-END- 

&nbsp;

Issued by:

Corporate Communications Division

Malaysia Digital Economy Corporation (MDEC)

CLARIFICATION FROM MDEC: MADANI GOVERNMENT ANNOUNCES RM1.5 BILLION BOOST TO ACCELERATE MSME DIGITALISATION NATIONWIDE

<div class="WordSection1">
KUALA LUMPUR, 26 March 2025 &mdash; Malaysia Digital Economy Corporation (MDEC) wishes to clarify that the total cumulative fund of approximately RM1.5 billion to support business digitalisation initiative amongst Micro, Small, and Medium Entreprises (MSMEs) announced yesterday is not an outright government allocation.

&nbsp;

Instead, the fund is being made possible through strategic public-private-partnerships among government agencies and supporting partners including financial institutions, digital banks, peer to peer (P2P) lending platforms and local service providers. It also serves to offer digital financing facilitation for this community&rsquo;s business operation needs.

&nbsp;

This Business Digitalisation Initiative (BDI) is a business centric transformative digitalisation initiative by the Madani Government to empower MSMEs with innovative technology solutions for their realisation of greater productivity and operational efficiencies.

&nbsp;

It represents a &lsquo;whole-of-nation&rsquo; approach to ensure MSMEs have access to digital solutions, financing opportunities and expert guidance to enhance their competitiveness within today&rsquo;s rapidly evolving digital economy.

&nbsp;

Through this BDI initiative, the Madani Government is accelerating MSME digital adoption while nurturing inclusive growth that enables businesses of all sizes to thrive in the years and decades ahead.

&nbsp;

As a result, various Memorandum of Understanding (MoU) collaborations between MDEC-SME Corp, as well as with various partners from financial institutions, digital banks, peer to peer (P2P) lending platforms and local service providers were formalised &ndash; all aimed at ensuring that MSMEs receive comprehensive support across funding, digital tools and capacity building to successfully transition into the digital economy.

&nbsp;

This initiative also aims to &lsquo;uplift&rsquo; MSMEs by building their resilience, enhancing competitiveness and future-proofing their growth through meaningful digital adoption. It is about tackling real business &lsquo;pain points&rsquo; &mdash; may that be lack of skills, tools, funding or simply not knowing where to start &mdash; and providing targeted, practical solutions that are realistic and relevant to their operations and business aspirations.

&nbsp;
</div>

This approach includes tailored support, strategic partnerships, access to financing, and affordable or even freemium e-invoicing tools built on the Peppol framework, making digitalisation more accessible while encouraging MSMEs to scale locally and globally.

&nbsp;

&nbsp;

-END-

&nbsp;

Issued by:

Corporate Communications Division

Malaysia Digital Economy Corporation (MDEC)

KERAJAAN MADANI UMUM DANA RM1.5 BILION UNTUK MEMPERCEPATKAN PENDIGITALAN PMKS SELURUH NEGARA

PETALING JAYA, 14 Mac 2025 &ndash; Perbadanan Ekonomi Digital Malaysia (MDEC), di bawah seliaan Kementerian Digital Malaysia, hari ini meneruskan komitmennya dalam memperkasakan komuniti Orang Asli melalui Program Satu Pemimpin Satu Kampung (Santuni MADANI), satu inisiatif tanggungjawab sosial korporat (CSR) yang memberi fokus kepada pembangunan digital dan ekonomi komuniti Desa Temuan, Damansara Perdana.

&nbsp;

Selari dengan konsep Santuni MADANI yang diilhamkan oleh YAB Perdana Menteri Datuk Seri Anwar Ibrahim, program ini bertujuan membangun masyarakat inklusif melalui sokongan sosioekonomi dan libat urus berterusan.

&nbsp;

Desa Temuan dipilih sebagai kampung angkat Ketua Pegawai Eksekutif MDEC, Encik Anuar Fariz Fadzil, melambangkan komitmen jangka panjang dalam pembangunan komuniti Orang Asli.

&nbsp;

Menerusi program ini MDEC telah menyumbangkan pek barang makanan asas kepada keluarga yang memerlukan, serta menyerahkan perabot seperti meja dan kerusi untuk Makmal Komputer Sekolah Kebangsaan Bukit Lanjan. Menyemarakkan bulan Ramadan, bubur lambuk turut diagihkan kepada penduduk, diikuti dengan majlis berbuka puasa bersama komuniti.

&nbsp;

Ketua Pegawai Eksekutif MDEC, Encik Anuar Fariz Fadzil turut menyatakan bahawa MDEC komited dalam memastikan komuniti seperti Desa Temuan dapat mengakses manfaat ekonomi digital, selain memperkasakan mereka melalui inisiatif pembangunan jangka panjang.

&nbsp;

Program Santuni MADANI turut mendapat sokongan daripada Yang Beradat Tok Batin Desa Temuan, Encik Atak bin Akop, sukarelawan MDEC, serta masyarakat setempat.

&nbsp;

Sejak beberapa tahun lalu, MDEC telah melaksanakan pelbagai inisiatif di Desa Temuan bagi memperkukuh pemahaman teknologi digital serta membuka peluang ekonomi untuk masyarakat Orang Asli.

&nbsp;

Pada tahun 2021, program perintis #SayaDigital telah diperkenalkan dan berjaya melatih lebih 300 peserta dalam kemahiran digital. Program ini merangkumi kelas fizikal dan dalam talian untuk membantu masyarakat Orang Asli memahami penggunaan teknologi dalam kehidupan harian dan ekonomi digital.

&nbsp;

MDEC turut melaksanakan program Digital Enablement, di mana 250 komputer riba telah disediakan kepada pelajar di Desa Temuan bertujuan untuk memastikan anak-anak kampung ini dapat mengikuti pembelajaran dalam talian dengan lebih baik bagi membina masa depan yang lebih cerah melalui teknologi.

&nbsp;

Semasa pandemik COVID-19, MDEC juga telah menyalurkan bantuan makanan kepada lebih 300 keluarga Orang Asli Desa Temuan, bagi memastikan keperluan asas mereka terus terjaga.

&nbsp;

Selain pendidikan dan sumbangan makanan, pada September 2021, MDEC turut memberi fokus kepada pembangunan ekonomi melalui sektor pertanian moden dengan memperkenalkan Projek Digital AgTech, bagi membantu komuniti Orang Asli menerapkan teknologi dalam pertanian bandar menggunakan teknologi IR 4.0, seperti sistem kawalan automatik, sensor pintar dan aplikasi digital untuk meningkatkan hasil pertanian.

&nbsp;

MDEC berhasrat memperluaskan program CSR ke lebih banyak kawasan, bagi memastikan semua komuniti mendapat akses digital lebih luas, selaras dengan agenda Pembangunan Mampan (SDG).&nbsp;

&nbsp;

#TAMAT# 

&nbsp;

Dikeluarkan oleh: 

Unit Komunikasi Korporat

Perbadanan Ekonomi Digital Malaysia

(MDEC)

PROGRAM SATU PEMIMPIN SATU KAMPUNG (SANTUNI MADANI) PERKUKUH PEMBANGUNAN INKLUSIF KOMUNITI ORANG ASLI

KUALA LUMPUR, 6 Mac 2025 &ndash; Program EmpowerHER Digital, inisiatif Kementerian Digital yang dipacu oleh Perbadanan Ekonomi Digital Malaysia (MDEC) dan Digital Nasional Berhad (DNB) dengan sokongan SMECorp Malaysia, telah dilancarkan bagi memperkasa wanita B40 dengan kemahiran digital serta akses pasaran untuk menjana pendapatan dan membina perniagaan yang mampan dalam ekonomi digital.

&nbsp;

Sebagai sebahagian daripada usaha merapatkan jurang digital, program ini menawarkan bengkel interaktif, sesi perkongsian industri, dan pameran mini yang memberi peluang kepada peserta untuk mempelajari strategi perniagaan digital, penjenamaan atas talian, serta pembiayaan dan akses pasaran. Antara rakan industri utama yang terlibat termasuk Shopee, TikTok, CGC Digital, dan Pixlr.

&nbsp;

Menteri Digital, YB Gobind Singh Deo, dalam ucapannya menegaskan kepentingan memperluaskan program ini ke lebih banyak negeri supaya lebih ramai wanita, termasuk di luar bandar, dapat menikmati manfaat ekonomi digital. &ldquo;Transformasi digital mesti bersifat inklusif dan membuka peluang kepada semua, terutama kumpulan B40. Inisiatif seperti EmpowerHer Digital memainkan peranan penting dalam memastikan wanita Malaysia bukan sahaja celik teknologi tetapi juga mampu bersaing dalam ekonomi digital yang pesat berkembang,&rdquo; ujarnya.

&nbsp;

Ketua Pegawai Eksekutif MDEC, Anuar Fariz Fadzil, berkata, &quot;EmpowerHer Digital bukan sekadar latihan, tetapi satu gerakan untuk membina ekosistem sokongan yang mampan. Program ini membekalkan wanita B40 dengan kemahiran digital, akses pasaran, dan bimbingan mentor agar mereka dapat membina perniagaan yang berdaya saing. Sebagai pemudah cara ekonomi digital negara, MDEC memastikan wanita bukan sekadar pengguna teknologi, tetapi juga penggerak inovasi dalam ekonomi digital.&quot;

&nbsp;

Selain latihan praktikal, program ini turut menampilkan sesi sembang santai bersama Amutha Subramaniam, Pengasas Hers Manufacturing, Wei Yein, Pengasas Bersama Craftiviti, dan Puan Nur Adila Binti Manshor, Pengasas Rayhanah Malaysia, yang berkongsi pengalaman mereka dalam membina perniagaan digital serta bagaimana teknologi telah membantu meningkatkan daya saing mereka.

&nbsp;

Menurut data daripada Belanjawan 2021, terdapat jurang yang ketara antara peniaga lelaki dan wanita di platform e-dagang, dengan 654,530 peniaga lelaki berbanding hanya 280,100 peniaga wanita yang direkodkan pada tahun tersebut. Ini menunjukkan keperluan untuk inisiatif yang dapat menggalakkan lebih ramai wanita melibatkan diri dalam sektor e-dagang. Pelancaran EmpowerHer Digital 2025 mencerminkan komitmen kerjasama antara kerajaan dan sektor swasta dalam memperkasakan wanita dalam ekosistem digital. Dengan lebih banyak peluang dalam keusahawanan digital, program ini bukan sahaja membantu meningkatkan daya saing wanita B40, tetapi juga menyumbang kepada kestabilan ekonomi diri, keluarga, dan komuniti secara keseluruhan. 

&nbsp;

-TAMAT-

&nbsp;

&nbsp;

Dikeluarkan oleh:

Bahagian Komunikasi Korporat&nbsp;&nbsp;

Perbadanan Ekonomi Digital Malaysia (MDEC)&nbsp;&nbsp;

EmpowerHER Digital Perkasa Usahawan Wanita B40 Dalam Ekonomi Digital

MDEC stands steadfast in working closely with MIDA to achieve 5% growth target for 2025

&nbsp;

KUALA LUMPUR, 27 February 2025 &ndash; Digital investments in Malaysia hit a record RM163.6 billion in 2024, compared to RM46.8 billion in 2023, driven by a stable government and pro-business policies in reinforcing the country&rsquo;s reputation as a regional tech hub.

&nbsp;

Strong infrastructure and strategic public-private partnerships have strengthened investor confidence in Malaysia as a leading digital hub. A supportive regulatory framework and Malaysia&rsquo;s push into AI and quantum computing further accelerated growth, attracting high-value global investments, said Malaysia Digital Economy Corporation (MDEC) in a statement today.

&nbsp;

These latest findings from MDEC follow on the heels of the Malaysian Investment Development Authority (MIDA) announcing that Malaysia secured RM378.5 billion in approved investments last year &mdash; the highest in the nation&rsquo;s history &mdash; marking a 14.9% year-on-year increase from the previous record of RM329.5 billion in 2023.

&nbsp;

&ldquo;As an agency under the Ministry of Digital, MDEC continues to work closely with MIDA and other government agencies to attract more strategic investments,&rdquo; said MDEC CEO Anuar Fariz Fadzil.

&nbsp;

&ldquo;Malaysia&rsquo;s dynamic investment landscape cultivates strong collaboration among government ministries and agencies, ensuring a coordinated effort to drive innovation, digital growth and long-term economic prosperity for the nation.&rdquo;

&nbsp;

Foreign investor confidence in Malaysia&rsquo;s digital sector remains strong, with substantial top 5 highest FDI inflows countries from Singapore (RM57 billion), the United States (RM23 billion), China (RM12 billion), Australia (RM2.6 billion) and India (RM2 billion).

&nbsp;

Meanwhile, domestic direct investments (DDI) continue to rise, with MDEC playing a pivotal role through strategic initiatives and programmes. The top 5 states by MD companies&rsquo; inflows were recorded in the Klang Valley (RM136 billion), Johor (RM22 billion), Penang (RM3 billion), Sabah (RM423 million) and Sarawak (RM280 million), reflecting a nationwide push for digitalisation and economic expansion beyond central regions.

&nbsp;

Investments in data centres and cloud infrastructure accounted for 76.8% of total approved digital investments in 2024, a sharp rise from 55.5% in 2023. 

&nbsp;

The establishment of a dedicated Data Centre Task Force, spearheaded by MITI Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz and Digital Minister Gobind Singh Deo, is set to drive further growth while ensuring it aligns with long-term sustainability goals, balancing expansion with environmental responsibility.

&nbsp;

&ldquo;MDEC stands steadfast in sustaining this strong investment momentum and working closely with MIDA to achieve the targeted 5% investment growth in 2025,&rdquo; concluded Anuar.

&nbsp;

-END-

&nbsp;

Issued by:

Corporate Communications Division 

Malaysia Digital Economy Corporation (MDEC)

MALAYSIA’S DIGITAL INVESTMENTS HIT RECORD  RM163.6 BILLION IN 2024

KUALA LUMPUR, 17 February 2025 &ndash; The digital economy will continue to serve as a strategic engine of growth for Malaysia due to its essential role in driving innovation, enhancing productivity and fostering new business models across industries.

&nbsp;

MDEC CEO Anuar Fariz Fadzil said that Malaysia&#39;s proactive digital policies, particularly in AI, and talent development have collectively positioned Malaysia as a regional hub for digital excellence.

&nbsp;

&ldquo;Public-private collaborations further enhance our nation&#39;s leadership in AI and quantum computing, driving transformative impacts across sectors like manufacturing, finance, and services,&rdquo; said Anuar.

&nbsp;

&ldquo;MDEC is dedicated and committed to support Malaysia in achieving or surpassing the 25.5% digital economy contribution to GDP by year-end through initiatives that catalyse digital transformation, talent development and technology adoption across businesses.&rdquo;

&nbsp;

&ldquo;Our goal is to enhance SME competitiveness, continue attracting high-quality investments and develop a digitally skilled workforce ready for the future.&rdquo;

&nbsp;

He highlighted foreign direct investments (FDIs) as a key driver of national growth, citing data centre investments: &ldquo;Malaysia has attracted over RM86 billion in data centre investments in 2024, establishing our nation as Southeast Asia&rsquo;s leading data centre hub with 77 data centres throughout the country.&rdquo;

&nbsp;

Last Friday, Bank Negara Malaysia (BNM) announced that the Malaysian economy grew by 5.1% in 2024 (2023: 3.6%), driven by a rebound in exports, strong investment approvals, and progress in multi-year public-private projects, including catalytic initiatives under the Digital Economy Blueprint and the New Industrial Master Plan 2030.

&nbsp;

&ldquo;This growth reflects the resilience and dynamism of Malaysia&#39;s economy, with the digital economy playing an increasingly significant role in driving economic recovery and future prosperity,&rdquo; said Anuar.

&nbsp;

Digital Investments played an instrumental role in contributing to the overall national GDP growth of 5.1% in 2024. Under Malaysia Digital (MD), the total approved digital investments in the 2024 was recorded at RM 163.6 billion, surpassing the approved digital investment value for 2023 by 250%. The digital investment inflow during this period were also creating more than 48,000 jobs, surpassing the 2023 total by 109%. These are tangible indicators that the digital industry continues to be a powerhouse for high-skilled, high-income employment.

&nbsp;

Malaysia is well positioned to be the gateway into ASEAN market with top 5 FDI inflows into Malaysia coming from Singapore, United States, China, Australia and India.

&nbsp;

With abundance of land, talent and geographical positioning of Malaysia the heart of ASEAN, driving the digital investment cluster for Malaysia are the Global Business Services (RM139bil), Information Technology (RM23bil) and Creative Content RM887mil) creating a combined total of over 48,000 high value jobs.

&nbsp;

Major investments come into Klang Valley (RM136bil), Johor (RM22bil), Penang (RM3bil), Sabah (RM423mil) and Sarawak (RM280mil).

&nbsp;

A strong area of focus for MDEC is the acceleration of state-level digital growth, aiming to enhance digital infrastructure, nurture AI ecosystems, and drive SME digitalisation to elevate national competitiveness.

&nbsp;

This focused approach is aimed at empowering states to leverage their unique strengths while contributing to Malaysia&rsquo;s broader digital economy objectives.

&nbsp;

&ldquo;MDEC will continue to play our part in attracting marquee AI companies to establish operations in various state throughout Malaysia,&rdquo; said Anuar. &ldquo;We are also actively promoting Malaysian tech champions and supporting their expansion into foreign markets for export purposes.&rdquo;

&nbsp;

Recently, Anuar led an MDEC delegation to Johor for discussions with Johor Chief Minister Datuk Onn Hafiz Ghazi and other state leaders to explore collaborative opportunities and align key initiatives.

&nbsp;

He described Johor as &ldquo;a state brimming with huge potential in the digital economy, with its strategic location and progressive policies providing a strong foundation for innovation and growth.&rdquo;

&nbsp;

&ldquo;Johor has the potential to become a regional hub for data centres, fintech, and digital content, supported by the Johor-Singapore Special Economic Zone and the Iskandar Animation and Games Hub, making it well-positioned to attract international investments and create high-value job opportunities,&rdquo; he said.

&nbsp;

The MDEC team will return to Johor in the coming week to follow up on these plans, focusing on concrete actions to drive the identified initiatives forward.

&nbsp;

&ldquo;We are committed to working hand-in-hand with our state partners to translate these strategies into meaningful outcomes that benefit businesses and the rakyat across Malaysia,&rdquo; Anuar concluded.

&nbsp;

-END- 

&nbsp;

Issued by:

Corporate Communications Division

Malaysia Digital Economy Corporation (MDEC)

DIGITAL ECONOMY SET TO FURTHER STRENGTHEN NATIONAL COMPETITIVENESS IN WAKE OF 5.1% GDP GROWTH

SANDAKAN, 16 Februari 2025 &ndash; Perbadanan Ekonomi Digital Malaysia (MDEC), agensi peneraju ekonomi digital negara di bawah Kementerian Digital (KD), telah menganjurkan Jelajah Malaysia Digital (JMD) @ Sabah yang berteraskan kepada pengadaptasian Kecerdasan Buatan (AI) melalui inisiatif &lsquo;Malaysia Digital Agriculture Technology&rsquo; (Digital AgTech). Program ini memberi fokus kepada pemodenan sektor pertanian melalui teknologi digital bagi meningkatkan daya saing dan produktiviti serta mengukuhkan keterjaminan makanan negara, selaras dengan pelantikan MDEC sebagai Pengesah Teknologi Strategik oleh Kementerian Pertanian dan Keterjaminan Makanan (KPKM). 

&nbsp;

Sabah merupakan negeri penerima manfaat Digital AgTech kedua tertinggi di seluruh negara selepas Selangor. Lebih 70 sistem Digital AgTech yang diperkasakan dengan teknologi IoT telah dilaksanakan di seluruh negeri Sabah meliputi semua sub-sektor pertanian, termasuk tanaman, ternakan dan akuakultur pada tahun 2024. Tahun 2025 menyasarkan tambahan sebanyak 10 sistem, di mana 5 sistem Digital AgTech yang diperkasakan dengan teknologi Kecerdasan Buatan (AI) akan dilaksanakan untuk subsektor akuakultur dan ternakan.

&nbsp;

Program JMD @ Sabah merupakan sebahagian daripada usaha berterusan kerajaan untuk merancakkan ekosistem digital di seluruh negara. Inisiatif ini selari dengan sasaran meningkatkan sumbangan ekonomi digital kepada 25.5% daripada KDNK menjelang 2025 serta menyokong usaha mewujudkan lebih 500,000 pekerjaan baharu.

&nbsp;

Transformasi digital dalam sektor pertanian merupakan salah satu fokus kerajaan, selaras dengan agenda yang digariskan dalam Dasar Agromakanan Negara 2021-2030 (DAN 2.0), Pelan Tindakan Dasar Sekuriti Makanan Negara 2021-2025, serta inisiatif di bawah Majlis Ekonomi Digital dan Revolusi Perindustrian Keempat Negara (MED4IRN). Bagi memastikan sektor ini berkembang secara mampan, kerajaan akan terus memperkukuhkan kerjasama erat di antara Kementerian Digital (KD), Kementerian Pertanian dan Keterjaminan Makanan (KPKM), Kementerian Ekonomi, serta agensi-agensi berkaitan.

&nbsp;

MDEC selaku agensi pelaksana Digital AgTech, memainkan peranan utama dalam memastikan teknologi digital yang dibangunkan oleh rakan teknologi, memberikan manfaat kepada usahawan tani agar dapat memperkukuhkan kecekapan sektor pertanian. Sehingga penghujung bulan Januari 2025, lebih 600 sistem Digital AgTech telah dilaksanakan di seluruh negara, manakala sebanyak 30,000 usahawan tani telah menerima latihan untuk mengadaptasi Internet Kebendaan (IoT) dan AI dalam operasi harian. 

&nbsp;

Inisiatif Digital AgTech yang merentasi kesemua sub-sektor pertanian utama di negara kita, membantu memperkasakan operasi pertanian melalui adaptasi teknologi pertanian digital yang berasaskan kepada data masa nyata untuk meningkatkan produktiviti, pendapatan dan mengurangkan kos operasi keseluruhan dalam usaha menangani isu keterjaminan makanan yang dipacu oleh penerapan teknologi digital. 

&nbsp;

Antara keberhasilan memberangsangkan yang telah dicapai termasuk peningkatan produktiviti sehingga 20%, peningkatan pendapatan sehingga 20% serta pengurangan kos operasi sehingga 30% ke arah memangkin transformasi digital dalam sektor pertanian dan mengukuhkan keterjaminan makanan negara kita. 

&nbsp;

Digital AgTech turut memberi manfaat yang menggalakkan kepada komuniti B40 serta menarik lebih ramai penyertaan golongan belia, dengan lebih 50% peserta berusia di bawah 40 tahun dan berpotensi menjana pendapatan tambahan sehingga RM10,000 setahun melalui adaptasi teknologi digital.

&nbsp;

JMD @ Sabah merangkumi sesi perkongsian impak keberhasilan pendigitalan dalam pertanian, dan sesi libat urus antara usahawan tani bersama pemegang taruh industri bagi membincangkan cabaran serta peluang dalam ekosistem Digital AgTech.

&nbsp;

Majlis pelancaran Jelajah Malaysia Digital @ Sabah telah dirasmikan oleh YB Tuan Gobind Singh Deo, Menteri Digital bersama YB Datuk Chan Foong Hin, Timbalan Menteri Perladangan dan Komoditi. Turut hadir Datuk Azah Hanim Binti Ahmad, Timbalan Ketua Setiausaha (Dasar), Kementerian Pertanian dan Keterjaminan Makanan (KPKM) dan Datuk Ts. Fadzli Abdul Wahit, Naib Presiden Kanan MDEC, serta pegawai kanan daripada Kementerian Pertanian dan Keterjaminan Makanan (KPKM) dan Kementerian Pertanian, Perikanan dan Industri Makanan Sabah (MAFFI).

&nbsp;

Program ini turut disokong oleh rakan strategik MDEC seperti Jabatan Pertanian Malaysia (DOA), Jabatan Perkhidmatan Veterinar (DVS), Jabatan Perikanan Malaysia (DOF), Lembaga Pertubuhan Peladang (LPP), Agrobank, dan pemain industri lain dalam ekosistem Digital AgTech di Malaysia.

&nbsp;

-TAMAT-

&nbsp;

Dikeluarkan oleh:

Bahagian Komunikasi Korporat

Perbadanan Ekonomi Digital Malaysia (MDEC)

SABAH NEGERI KEDUA TERTINGGI DI MALAYSIA DALAM PENGGUNAAN SISTEM DIGITAL AGTECH

AYER HITAM, 10 Februari 2025 &ndash; Perbadanan Ekonomi Digital Malaysia (MDEC), agensi peneraju ekonomi digital negara di bawah Kementerian Digital (KD), telah menganjurkan Jelajah Malaysia Digital (JMD) @ Kedah yang berteraskan kepada pengadaptasian Kecerdasan Buatan (AI) melalui inisiatif &lsquo;Malaysia Digital Agriculture Technology&rsquo; (Digital AgTech). Program ini memberi fokus kepada pemodenan sektor pertanian melalui teknologi digital bagi meningkatkan daya saing dan produktiviti serta mengukuhkan keterjaminan makanan negara, selaras dengan pelantikan MDEC sebagai Pengesah Teknologi Strategik oleh Kementerian Pertanian dan Keterjaminan Makanan (KPKM). 

&nbsp;

Program JMD @ Kedah merupakan sebahagian daripada usaha berterusan kerajaan untuk merancakkan ekosistem digital di seluruh negara. Inisiatif ini selari dengan sasaran meningkatkan sumbangan ekonomi digital kepada 25.5% daripada KDNK menjelang 2025 serta menyokong usaha mewujudkan lebih 500,000 pekerjaan baharu.

&nbsp;

Transformasi digital dalam sektor pertanian merupakan salah satu fokus kerajaan, selaras dengan agenda yang digariskan dalam Dasar Agromakanan Negara (DAN 2.0), Pelan Tindakan Dasar Sekuriti Makanan Negara, serta inisiatif di bawah Majlis Ekonomi Digital dan Revolusi Perindustrian Keempat Negara (MED4IRN). Bagi memastikan sektor ini berkembang secara mampan, kerajaan akan terus memperkukuhkan kerjasama erat di antara Kementerian Digital (KD), Kementerian Pertanian dan Keterjaminan Makanan (KPKM), Kementerian Ekonomi, serta agensi-agensi berkaitan.

&nbsp;

MDEC selaku agensi pelaksana Digital AgTech, memainkan peranan utama dalam memastikan teknologi digital yang dibangunkan oleh rakan teknologi, memberikan manfaat kepada usahawan tani agar dapat memperkukuhkan kecekapan sektor pertanian. Digital AgTech telah dilancarkan pada November 2023 dan sehingga kini, lebih 600 sistem Digital AgTech telah dilaksanakan di seluruh negara, manakala sebanyak 30,000 usahawan tani telah menerima latihan untuk mengadaptasi Internet Kebendaan (IoT) dan AI dalam operasi harian. 

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Melalui inisiatif ini juga, sejumlah 40 sistem Digital AgTech telah dilaksanakan di seluruh negeri Kedah meliputi kesemua sub-sektor utama pertanian, iaitu tanaman, ternakan dan akuakultur pada tahun 2024. Selain itu, 15 projek tambahan Digital AgTech berteraskan IoT dan AI dengan anggaran nilai melebihi RM300,000 juga akan dilaksanakan menjelang tahun 2025 untuk menggiatkan teknologi digital dalam sektor pertanian di negeri Kedah. 

&nbsp;

Inisiatif Digital AgTech yang merentasi kesemua sub-sektor pertanian utama di negara kita, termasuk tanaman, ternakan dan perikanan/akuakultur membantu memperkasakan operasi pertanian melalui adaptasi teknologi pertanian digital yang berasaskan data masa nyata untuk meningkatkan produktiviti, pendapatan dan mengurangkan kos operasi keseluruhan dalam usaha menangani isu sekuriti makanan yang dipacu oleh penerapan digital. 

&nbsp;

Antara keberhasilan memberangsangkan yang telah dicapai termasuk peningkatan produktiviti sehingga 20%, peningkatan pendapatan sehingga 20% serta pengurangan kos operasi sehingga 30% ke arah memangkin transformasi digital dalam sektor pertanian dan mengukuhkan keterjaminan makanan negara kita. 

&nbsp;

Digital AgTech turut memberi manfaat yang menggalakan kepada komuniti B40 serta menarik lebih ramai penyertaan golongan belia, dengan lebih 50% peserta berusia di bawah 40 tahun dan potensi menjana pendapatan tambahan sehingga RM10,000 setahun melalui adaptasi teknologi digital dalam sektor pertanian di negara kita.

&nbsp;

JMD @ Kedah merangkumi lawatan tapak ke fasiliti akuakultur berteknologi AI, sesi perkongsian impak keberhasilan pendigitalan dalam pertanian, dan sesi libat urus antara usahawan tani bersama pemegang taruh industri bagi membincangkan cabaran serta peluang dalam ekosistem Digital AgTech.

&nbsp;

Majlis pelancaran Jelajah Malaysia Digital @ Kedah telah dirasmikan oleh YB Tuan Gobind Singh Deo, Menteri Digital, bersama Datuk Azah Hanim Binti Ahmad, Timbalan Ketua Setiausaha (Dasar), Kementerian Pertanian dan Keterjaminan Makanan (KPKM) dan Datuk Ts. Fadzli Abdul Wahit, Naib Presiden Kanan MDEC, serta pegawai kanan daripada Kementerian Pertanian dan Keterjaminan Makanan (KPKM) dan Jabatan Perikanan Malaysia (DOF).

&nbsp;

Program ini turut disokong oleh rakan strategik MDEC seperti Jabatan Pertanian Malaysia, Institut Penyelidikan dan Kemajuan Pertanian Maysia (MARDI), Lembaga Pertubuhan Peladang (LPP), Agrobank, Pacton Technologies, Blue Archipelago Berhad, dan industri lain dalam ekosistem Digital AgTech di Malaysia.

&nbsp;

-TAMAT-

&nbsp;

Dikeluarkan oleh:

Bahagian Komunikasi Korporat

Perbadanan Ekonomi Digital Malaysia (MDEC)

JELAJAH MALAYSIA DIGITAL @ KEDAH MEMPERKASA TRANSFORMASI DIGITAL SEKTOR PERTANIAN

IPOH, 12 Januari 2025 &ndash; Perbadanan Ekonomi Digital Malaysia (MDEC), agensi peneraju ekonomi digital negara di bawah seliaan Kementerian Digital (KD), telah menganjurkan program Jelajah Malaysia Digital (JMD) @ Perak. Program JMD telah berlangsung di dua daerah dengan digitalisasi Perusahaan Kecil, Mikro dan Sederhana (PMKS) sebagai fokus utama di Ipoh, manakala di Taiping lebih tertumpu kepada digitalisasi dalam industri pelancongan.&nbsp;

&nbsp;

Program JMD yang julung kali diadakan ini merupakan sebahagian daripada inisiatif Kementerian Digital untuk memperkukuh kerjasama antara kerajaan persekutuan dan negeri dalam meningkatkan inklusiviti serta kelestarian digital di kalangan rakyat Malaysia. Program ini memberi tumpuan kepada tiga aspek utama iaitu adaptasi digital oleh usahawan PMKS, pelancongan digital, dan penciptaan peluang pekerjaan digital. Ini sejajar dengan Inisiatif Pendigitalan Perniagaan Bersepadu yang diluluskan dalam mesyuarat Majlis Ekonomi Digital dan Revolusi Perindustrian Ke-4 Negara (MED4IRN), yang bertujuan meningkatkan produktiviti dan mengurangkan kos operasi perniagaan sehingga 20% menjelang tahun 2030 melalui pendigitalan bersepadu.&nbsp;

&nbsp;

Di peringkat negeri Perak, Kementerian Digital melalui MDEC telah melaksanakan pelbagai program untuk menyokong pendigitalan perniagaan. Pada tahun 2023, beberapa bengkel telah diadakan untuk memberi kesedaran dan membantu pemilik perniagaan mengadaptasi serta memanfaatkan teknologi seperti &#39;Live Commerce&#39; dan lebih 250 pemilik perniagaan telah menerima manfaat daripada aktiviti ini. Selain itu, sebanyak 34 penginapan di negeri Perak telah diperakui sebagai Hab DE Rantau yang mampu memenuhi keperluan nomad digital ketika berada di Perak.&nbsp;

&nbsp;

Program JMD @ Perak kali ini membawa pelbagai sesi perkongsian menarik termasuk perkongsian kejayaan adaptasi digital oleh usahawan PMKS. Selain itu, platform ini turut membuka ruang untuk perbincangan yang menjurus kepada aspirasi kerajaan dalam memajukan industri pelancongan negeri melalui inovasi dan digitalisasi, serta perkongsian oleh nomad digital di Perak. Pengunjung turut berpeluang menghadiri bengkel asas pemasaran digital dan kemahiran praktikal, mempelajari cara menggunakan alat digital seperti Google Workspace dan Microsoft Office dengan lebih berkesan.&nbsp;

&nbsp;&nbsp;

Majlis pelancaran JMD @ Perak telah dirasmikan oleh Yang Berhormat Tuan Gobind Singh Deo, Menteri Digital. Turut hadir Yang Berhormat Tuan Loh Sze Yee, Exco Pelancongan, Industri, Pelaburan dan Pembangunan Koridor Negeri Perak, Yang Berhormat Tuan Howard Lee Chuan How, Ahli Parlimen Ipoh Timur dan Datuk Fadzli Abdul Wahit, Ketua Pegawai Transformasi Digital MDEC.&nbsp;

&nbsp;

Rakan-rakan strategik MDEC yang terlibat dalam program ini termasuk Bahagian&nbsp;Teknologi Maklumat dan Komunikasi Negeri Perak, Maxis Broadband Sdn Bhd, Beez Fintech Sdn Bhd, Ejen2U International Sdn Bhd dan Loka Tech Solutions.&nbsp;

&nbsp;

-TAMAT-&nbsp;

&nbsp;&nbsp;

Dikeluarkan oleh:&nbsp;&nbsp;

Bahagian Komunikasi Korporat&nbsp;&nbsp;

Perbadanan Ekonomi Digital Malaysia (MDEC)&nbsp;&nbsp;

JELAJAH MALAYSIA DIGITAL @ PERAK PACU PERTUMBUHAN EKONOMI DIGITAL MELALUI PENDEKATAN INKLUSIF DAN LESTARI

KUALA LUMPUR, 9 January 2025 &ndash; The Malaysia Digital Economy Corporation (MDEC) proudly announces the public launch of the IP360 Metaverse Platform, a groundbreaking initiative showcasing Malaysia&rsquo;s leadership in digital innovation and cultural preservation. In partnership with Ammobox Studios Sdn Bhd, this pioneering platform redefines how global audiences experience Malaysia&rsquo;s rich heritage and creative process.

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Currently in its Minimum Viable Product (MVP) stage, the IP360 Metaverse Platform offers a seamless, interactive gateway into Malaysia&rsquo;s 3D digital experiences for both local and international audiences. Powered by Unreal Engine 5 and Pixel Streaming, it delivers stunning, high-quality visuals accessible via any web browser, eliminating the need for high-performance hardware.

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The platform features two immersive experiences designed to captivate global audiences while celebrating Malaysia&rsquo;s cultural heritage:

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&bull; Virtual Theme Park: Dive into interactive experiences featuring beloved Malaysian intellectual properties (IPs) like Ejen Ali and Didi and Friends. From engaging games like &ldquo;Find the Spy&rdquo; to skill-building activities at the &ldquo;Training Centre&rdquo;, the theme park sets a new standard for digital entertainment. Didi and Friends is tentatively set to premiere in Q1 2025.

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&bull; Digital Museum: Explore Malaysia&rsquo;s cultural legacy through artifact interactions, treasure hunt games, local language lessons, and holographic traditional dance performances.

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The IP360 Metaverse Platform is a result of strategic collaborations with leading organisations, including Tourism Malaysia, ASWARA, Istana Budaya, and prominent Malaysian IP brands. These partnerships reflect a shared vision of fostering innovation while amplifying Malaysia&rsquo;s cultural assets globally.

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Mr. Anuar Fariz Fadzil, CEO of MDEC stated, &ldquo;The launch of IP360 Metaverse Platform aligns with Malaysia&rsquo;s national agenda to strengthen its creative digital industries. It leverages immersive technologies to create jobs and drive economic growth. By 2030, Malaysia aims to be recognised as a hub for high-quality, innovative digital content production.&rdquo;

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This year, MDEC supported 38 companies and IP creators through its Metaverse Onboarding and Immersive IP Experiences Programme, offering up to RM200,000 per project to encourage the exploration of metaverse opportunities.

&nbsp;

Explore IP360 Today&nbsp;

Experience the future of immersive digital content and discover Malaysia&rsquo;s cultural treasures. Visit https://mdec.my/ip360-metaverse/platform to participate in the platform&rsquo;s interactive offerings and witness the innovation behind Malaysia&rsquo;s digital storytelling revolution.&nbsp;

&nbsp;

-END- 

&nbsp;

Issued by:

Corporate Communications Division

Malaysia Digital Economy Corporation (MDEC)

STEP INTO MALAYSIA’S FUTURE: MDEC LAUNCHES IP360 METAVERSE PLATFORM

CYBERJAYA, 10 Disember 2024 &ndash; Perbadanan Ekonomi Digital Malaysia (MDEC) menyambut baik keputusan Majlis Ekonomi Digital dan Revolusi Perindustrian Ke-4 Negara (MED4IRN) pada 4 Disember 2024 yang telah meluluskan Inisiatif Pendigitalan Perniagaan Bersepadu untuk perusahaan mikro, kecil dan sederhana (PMKS). Inisiatif ini merupakan &ldquo;game-changer&rdquo; yang akan memacu pendigitalan keseluruhan rantaian perniagaan dan mendaya upayakan PMKS ke arah meningkatkan produktiviti serta mengurangkan kos operasi perniagaan sehingga 20% menjelang tahun 2030.

&nbsp;

Inisiatif Pendigitalan Perniagaan Bersepadu ini merangkumi komponen-komponen penting seperti Penyatuan ID Perniagaan dan Penilaian Tahap Kematangan Digital yang bertujuan untuk memadankan solusi digital yang bersesuaian dengan keperluan perniagaan masa kini serta melonjakkan tahap kematangan digital perniagaan tempatan.

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Inisiatif ini merupakan komitmen kerajaan untuk mempercepat transformasi digital PMKS menjelang 2030, dengan sasaran 1.26 juta perniagaan mencapai tahap kematangan menggunakan teknologi digital yang komprehensif dan 292,000 perniagaan mencapai tahap kematangan pendigitalan menyeluruh dan menggunakan teknologi terkini. &ldquo;Kebanyakan PMKS hanya menggunakan teknologi digital asas dalam urusan perniagaan. Inisiatif ini menyasarkan sekurang-kurangnya 80% PMKS akan menggunakan teknologi digital secara lebih komprehensif merentasi fungsi Front-, Middle- dan Back-Office,&rdquo; jelas Anuar Fariz Fadzil, Ketua Pegawai Eksekutif MDEC.

&nbsp;

Tambah beliau, &ldquo;Melalui kolaborasi strategik dengan agensi-agensi seperti SME Corp, inisiatif ini telah dirancang dengan teliti untuk memastikan penyelarasan yang efektif dari aspek perancangan hingga ke pelaksanaan. Ini akan mempercepatkan lagi agenda transformasi pendigitalan perniagaan, sekaligus menjadikan ekonomi negara lebih berdaya tahan dan inovatif. MDEC akan melaksanakan mandat dan amanah ini sebaik mungkin bagi memastikan usaha transformasi pendigitalan ini dapat digandakan dan dipercepatkan.&rdquo;

&nbsp;

Pada masa yang sama, MDEC turut menyambut baik keputusan MED4IRN yang telah bersetuju dengan Rangka Tindakan Ekonomi Perkongsian (RTEP) dan&nbsp; penambahbaikan struktur tadbir urus Jawatankuasa Kebangsaan Ekonomi Perkongsian (JKEP) ke arah menjadikan Ekonomi Perkongsian sebagai pemacu utama ekonomi digital negara. JKEP akan dipengerusikan secara bersama antara Kementerian Ekonomi dan Kementerian Digital serta diurusetiakan oleh MDEC.

&nbsp;

Berdasarkan data SSM pada tahun 2021, saiz pasaran bagi 83 platform Ekonomi Perkongsian adalah mencecah RM3.6 billion. Sehingga Ogos 2024, terdapat lebih 230 platform berasaskan model Ekonomi Perkongsian yang telah beroperasi di Malaysia. Penambahbaikan JKEP ini dilihat penting untuk merebut peluang serta menangani cabaran dalam mengembangkan lagi potensi Ekonomi Perkongsian di Malaysia seperti perancangan dan pelaksanaan pelan tindakan yang lebih berfokus serta pembangunan dasar dan mekanisme perundangan yang lebih jelas.

&nbsp;

Keahlian JKEP juga akan diperluaskan daripada 22 kepada 26 anggota yang terdiri daripada pelbagai kementerian dan agensi. Antara kementerian baharu yang dimasukkan ialah Kementerian Perumahan dan Kerajaan Tempatan (KPKT) berdasarkan kepentingan model Ekonomi Perkongsian dalam merealisasikan konsep Bandar Pintar (Smart City), dan Kementerian Perdagangan Dalam Negeri dan Kos Sara Hidup (KPDN) untuk memastikan aspek keselamatan dan kepentingan pengguna turut diberi perhatian.

&nbsp;

MDEC komited untuk terus membangunkan ekonomi digital negara serta memperkukuhkan kedudukan Malaysia sebagai hab digital serantau, selaras dengan visi Ekonomi MADANI yang menekankan nilai keterangkuman, kemampanan, dan kemakmuran bersama.

&nbsp;

-TAMAT-

&nbsp;

Dikeluarkan oleh:

Bahagian Komunikasi Korporat

Perbadanan Ekonomi Digital Malaysia (MDEC)

MDEC KOMITED MEMACU TRANSFORMASI DIGITAL DAN MEMPERKUKUH EKOSISTEM EKONOMI PERKONGSIAN

Cyberjaya, 6 December 2024: The Malaysia Digital Economy Corporation (MDEC) has successfully concluded a landmark business mission to East Africa, targeting Kenya and Tanzania. The mission brought together five pioneering Malaysian tech companies spanning key sectors such as animation, smart agriculture, education, cybersecurity, and fintech, further cementing MDEC&rsquo;s role as a global enabler of digital transformation. 

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With a combined population of over 120 million, East Africa represents one of the world&rsquo;s most dynamic digital markets, driven by its young, tech-savvy demographic. MDEC&rsquo;s mission strategically aligned with Kenya&rsquo;s Digital Economy Acceleration Project (KDEAP) and Tanzania&rsquo;s Digitalisation Agenda 2034, two visionary initiatives designed to drive socio-economic transformation through technology.

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Some of the key milestones and achievements during this business mission include:

&nbsp;

<ol>
	<li style="text-align:justify">Strategic Partnerships: Memorandum of Understanding (MoU) between Malaysian tech companies and partners in Kenya and Tanzania.</li>
</ol>

<ul>
	<li style="text-align:justify">AI Smartual Learning and Agile Business Solution Limited:&nbsp;A USD 15M Deployment of AI-powered learning solutions to 25,000 schools, covering 69% of Kenya&rsquo;s educational institutions, transforming access to quality education.</li>
	<li style="text-align:justify">Meraque Group and Webmaster Kenya Limited: A USD 1M partnership to boost agricultural efficiency in Kenya through advancements in drone technology.</li>
	<li style="text-align:justify">Meraque Group and Digital Mobile Africa Limited: A USD 1.5M collaboration to transform Tanzania&rsquo;s agriculture with drone-powered precision farming solutions. </li>
</ul>

<div style="text-align:justify">&nbsp;</div>

<ol start="2">
	<li style="text-align:justify">Expanding Market Opportunities: Malaysian tech companies explored substantial market opportunities valued at MYR 160 million across Kenya and Tanzania in high-growth sectors such as education, agriculture, fintech, animation, and cybersecurity.</li>
</ol>

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<ol start="3">
	<li style="text-align:justify">Fostering Cross-Border Collaboration: The mission facilitated over 160 strategic partnerships with local businesses, government bodies, and ecosystem players, laying a foundation for long-term collaboration and innovation.</li>
</ol>

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Building on this momentum, MDEC plans to deepen collaborations by facilitating reciprocal visits from Kenyan and Tanzanian leaders to Malaysia, showcasing the nation&rsquo;s innovative digital solutions. Additionally, MDEC will participate in GITEX Morocco 2025, a premier platform to further promote Malaysian tech solutions across Africa. MDEC is also gearing up for a follow-up business mission to East Africa in Q3 2025 to explore untapped opportunities and solidify partnerships.

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Leading the delegation, Wan Murdani Wan Mohamad, Head of Digital Industry Acceleration at MDEC, stated, &quot;This mission underscores the power of collaboration in building a resilient digital economy. Through the Malaysia Digital (MD) national strategic initiative, we are aligning Malaysia&rsquo;s expertise in digital infrastructure, cybersecurity, and education technology with East Africa&rsquo;s aspirations, bridging gaps and fostering a future of shared prosperity for both regions.&quot; 

&nbsp;

As Malaysia&rsquo;s leading digital economy agency, MDEC continues to empower Malaysian tech companies to scale globally while contributing meaningfully to the digital transformation of emerging markets. Since 2017, its global outreach efforts have facilitated over 1,200 business-matching opportunities, connected more than 350 partners, and generated USD 2.5 billion in digital export revenue.

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-END-

&nbsp;

Issued by:

Corporate Communications Division 

Malaysia Digital Economy Corporation (MDEC)

MDEC STRENGTHENS DIGITAL GROWTH AND BILATERAL TIES BETWEEN MALAYSIA AND EAST AFRICA THROUGH BUSINESS MISSION TO KENYA AND TANZANIA

PARIS, 5 December 2024 &ndash; The Malaysia Digital Economy Corporation (MDEC) proudly celebrates a monumental achievement, having been honoured with the Startup Ecosystem Stars (SES) 2024 award in the &ldquo;Exceptional Industry Support&rdquo; category. This prestigious international recognition, conferred by USA-based Mind the Bridge (MTB) and the International Chamber of Commerce (ICC), solidifies MDEC&rsquo;s role to drive innovation and support Malaysia&rsquo;s digital economy on a global scale. The award ceremony took place earlier today in Paris, France, showcasing Malaysia&rsquo;s advancements in nurturing a world-class startup ecosystem.

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The SES 2024 Awards, one of the most highly regarded global startup recognitions, celebrates organisations and initiatives that play a transformative role in building thriving startup ecosystems. Organised by MTB and ICC, the awards recognise exceptional contributors to entrepreneurship, innovation, and digital transformation worldwide. MDEC&rsquo;s achievement highlights Malaysia as a competitive player on the global stage, reaffirming its position as a leader in the digital economy.

&nbsp;

The Trade Commissioner of MATRADE Paris graciously represented MDEC to accept the award, reflecting the strong partnership between the two organisations. This collaboration highlights MATRADE&rsquo;s vital support in advancing Malaysia&rsquo;s market access initiatives, which are essential to the growth of the digital economy. MATRADE&rsquo;s active involvement showcases the collective effort required to position Malaysia as a global digital leader, reinforcing the shared commitment to fostering innovation and international opportunities for Malaysian tech companies.

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&ldquo;Being recognised at the Startup Ecosystem Stars 2024 Awards is a significant milestone for MDEC and Malaysia&rsquo;s digital economy. This achievement highlights our unwavering dedication to drive innovation, foster entrepreneurship, and to support the growth of world-class tech companies. It also reflects the impact of our efforts in creating a globally competitive digital ecosystem. We are proud to stand among global leaders in innovation and will continue to push the boundaries of what Malaysia can achieve on the international stage,&rdquo; said Anuar Fariz Fadzil, CEO of MDEC.

&nbsp;

This recognition celebrates MDEC Digital Exports&rsquo; GAIN (Gateway, Amplify, Invest, Nurture) programme, which has empowered Malaysian tech companies to expand globally and drive corporate innovation. Since its launch in 2017, GAIN has facilitated access to over 26 international markets, supported partnerships with more than 1,000 global and local organisations, and connected Malaysian tech companies with more than 100 investors and funding partners. These efforts have resulted in over 500 companies benefiting from GAIN&rsquo;s programmes, collectively generating USD 31.9 billion in revenue and USD 11.2 billion in exports. Through the&nbsp;Malaysia Digital&nbsp;(MD) national strategic initiative, MDEC is transforming the country&rsquo;s digital landscape by providing strategic interventions to over 262 Malaysia tech companies who raised a total of USD 402 million with the help of MDEC&rsquo;s Funding Facilitation programmes between 2020 and 2023.

&nbsp;

This recognition not only reaffirms MDEC&rsquo;s leadership in driving Malaysia&rsquo;s digital economy but also serves as a testament to its role in strengthening the nation&rsquo;s reputation as a leading digital hub in ASEAN. By continuously expanding its initiatives and fostering an inclusive digital ecosystem, MDEC ensures Malaysian tech companies are equipped to thrive globally. 

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-END-​​​​​​​

&nbsp;

Issued by:

Corporate Communications Division 

Malaysia Digital Economy Corporation (MDEC)

A GLOBAL WIN FOR MALAYSIA: MDEC AWARDED STARTUP ECOSYSTEM STAR 2024

KUALA LUMPUR, 29 November 2024 &ndash; Malaysia is reinforcing its position in the global digital economy through its electronic invoicing (e-Invoicing) initiative which serves as a &lsquo;springboard&rsquo; to further drive digital transformation across the nation.

&nbsp;

Deputy Minister of Digital Datuk Wilson Ugak Kumbong said e-Invoicing for business digitalisation represents a fundamental shift towards greater efficiencies, transparency and compliance, while facilitating seamless cross-border trade.

&nbsp;

&ldquo;By strategically adopting e-Invoicing, businesses are not just adapting to the future but actively shaping it, unlocking opportunities for growth and innovation on a global scale,&rdquo; he said.

&nbsp;

&ldquo;Malaysia&rsquo;s journey into e-Invoicing began with a clear vision: To empower businesses to be more efficient, transparent and future-proof, all for the greater good of local businesses and the rakyat.&rdquo;

&nbsp;

E-Invoicing transforms how businesses handle invoicing and tax reporting, offering a seamless, automated solution that minimises errors and accelerates transactions.

&nbsp;

&ldquo;This shift enhances business efficiency, reduces errors, frees up valuable resources, enabling businesses to focus on what matters most to them: growth and innovation,&rdquo; said Datuk Wilson.

&nbsp;

&ldquo;As with any transformative initiative, the first step is always the most challenging, but it is also the most fulfilling and rewarding. For new users, this journey is about embracing a paradigm shift, and a change in mindset that reimagines how we approach processes and operations in the digital age,&rdquo; he added.

&nbsp;

Datuk Wilson was speaking at the E-Invoicing Exchange Summit 2024 Kuala Lumpur, organised by Vereon AG and supported by MDEC on Tuesday (26 November).

&nbsp;

Also present at the event were Malaysia Digital Economy Corporation (MDEC) chief executive officer Anuar Fariz Fadzil, Vereon AG CEO Johannes Von Mulert and OpenPeppol secretary general Andre Hoddevik.

&nbsp;

As Malaysia&rsquo;s Peppol Authority, MDEC spearheads the National e-Invoicing Initiative aligned with the nation&rsquo;s digital economy agenda and embedded within three national- level blueprints: The 12th Malaysian Plan (RMK-12), Malaysia Digital Economy Blueprint (MyDigital) and the National e-Commerce Strategic Roadmap.

&nbsp;

Meanwhile, Anuar said that MDEC has diligently worked to introduce an e-Invoicing framework aligned with international standards, encouraging adoption through partnerships with service providers and businesses, as well as collaborating closely with the Inland Revenue Board of Malaysia (IRBM) to ensure compliance with tax requirements and ease of implementation.

&nbsp;

He added that Malaysia now ranks among the top five countries globally in Peppol membership. &ldquo;Malaysia&rsquo;s high ranking in this area worldwide reflects the robust growth of local e-Invoicing service providers and a collective commitment to fostering a competitive global e-Invoicing ecosystem.&rdquo;

&nbsp;

&ldquo;Peppol is particularly beneficial for companies engaged in international trade or dealing with foreign clients and suppliers, enabling interoperability across diverse e-Invoicing systems worldwide,&rdquo; said Anuar.

&nbsp;

The prestigious summit was hosted by Malaysia for the first time which marked the country&rsquo;s growing commitment to advancing digital transformation and fostering international interoperability in e-Invoicing.

&nbsp;

It brought together policymakers, digital economy experts and business leaders worldwide to discuss the future of digital trade and the implementation of internationally interoperable e-Invoicing systems.

&nbsp;

-END-

&nbsp;

Issued by:

Corporate Communications Division

Malaysia Digital Economy Corporation (MDEC)

E-INVOICING A ‘SPRINGBOARD’ FOR MALAYSIA TO FURTHER DRIVE DIGITAL TRANSFORMATION EFFORTS

Ho Chi Minh City, Vietnam - 14 November 2024: The Malaysia Digital Economy Corporation (MDEC) proudly announces the successful conclusion of the DEX Connex Programme in Vietnam, in conjunction with the prestigious Vietnam Innovation Summit 2024.

&nbsp;

MDEC is committed to supporting Malaysian tech companies in expanding their international presence and fostering bilateral collaborations that drive innovation and economic growth. MDEC has upheld its commitment by bringing 30 Malaysian tech companies to participate in the programme, emphasising the collective efforts of all partners involved.

&nbsp;

The key highlights of this programme are the exchanged of the Memorandums of Understanding (MoUs), and Memorandum of Agreements (MoAs) documents between Malaysia and Vietnam counterparts. In line with the ongoing MoU between MDEC and Sunwah Innovation, DEX Connex Vietnam 2024 programme serves as a vital platform for strengthening bilateral cooperation between Malaysia and Vietnam in the digital economy.

&nbsp;

These collaborations aim to drive innovation, enhance competitiveness, and create new opportunities for growth in the digital sphere by leveraging each other&rsquo;s strengths and expertise.

&nbsp;

The companies involved in these exchanges were:

&nbsp;

i. Finhero from Malaysia and Solarvest from Vietnam &ndash; The strategic collaboration aims to transform Vietnam&rsquo;s renewable energy landscape by unlocking new opportunities in solar project financing and leveraging advanced technology to drive sustainable growth in this rapidly expanding sector.

&nbsp;

ii. Sandmerit from Malaysia and Wemonster Company Limited from Vietnam &ndash; The partnership is to drive business performance and growth in Vietnam through innovative KPI software solutions.

&nbsp;

iii. GoFluence from Malaysia and GoFluence from Vietnam &ndash; This is a strategic acquisition of a Vietnamese company and underscores their dedication to expanding and elevating their operations in Vietnam.

&nbsp;

These partnerships have resulted in engagements worth over RM150 million, underscoring the programme&rsquo;s pivotal role in promoting Malaysian technology and innovation on the global stage.

&nbsp;

Reflecting on the achievements of previous DEX Connex events in the Philippines, Indonesia, and Thailand, over 150 companies participated, leading to the exchange of 29 MoUs and MoAs. This has generated more than RM600 million in potential opportunities for Malaysian tech companies in these markets.

&nbsp;

The DEX Connex Vietnam 2024 programme was a collaborative effort with key partners, including Consulate General of Malaysia in Ho Chi Minh City, the Malaysia External Trade Development Corporation (MATRADE) Vietnam, Sunwah Innovation, the Malaysia Business Chamber Vietnam (MBCV), Hong Kong Business Association Vietnam, China Business Association HCMC Branch and Innolab Asia.

&nbsp;

-END-

​​​​​​​

Issued by:

Corporate Communications Division

Malaysia Digital Economy Corporation (MDEC)

MDEC SUCCESSFULLY CONCLUDES THE FINAL CHAPTER OF DEX CONNEX 2024 IN VIETNAM

KUALA LUMPUR, 13 November 2024 &ndash; The Malaysia Digital Economy Corporation (MDEC) proudly celebrated the success of Cohort 3 of its Digital Tourism Innovation Lab (DTIL), a groundbreaking programme designed to accelerate digital transformation in Malaysia&rsquo;s tourism sector. This year&rsquo;s DTIL featured a series of exciting pitches from travel and tourism technology startups, each presenting game-changing solutions aimed at reshaping the future of tourism in Malaysia. The event aligns with the Ministry of Digital&rsquo;s vision to position Malaysia as a digital leader in the region.

&nbsp;

DTIL is more than a programme; it is a platform that builds and supports a thriving tourism tech ecosystem, catalysing new innovations to meet industry needs, drive digitalisation, and elevate Malaysia&rsquo;s tourism offerings. Since its launch, DTIL has received an overwhelming response, with 117 applications over three cohorts. Of these, 24 companies were selected for an intensive 8-week programme that included mentorship, funding opportunities, and access to state-of-the-art facilities. Through this collaborative environment, participants worked alongside industry experts to develop innovative solutions that can significantly impact Malaysia&rsquo;s tourism industry and local communities.

&nbsp;

Held at Common Ground Bukit Bintang, the event marked a successful collaboration between MDEC and accelerator partner 1337 Ventures, drawing the attendance of high-profile leaders and key figures within Malaysia&rsquo;s tourism and digital sectors. The representative from the Ministry of Digital presented certificates to the 24 participating companies and highlighted the programme&rsquo;s impact. Several DTIL participants have already attracted funding from angel investors and VCs, while others reported increased revenues and successful expansions into regional markets.

&nbsp;

Tourism is a vital pillar of Malaysia&#39;s economy, with substantial potential to further boost the nation&rsquo;s GDP. Global forecasts indicated that travel and tourism&rsquo;s total GDP contribution will reach USD16 trillion by 2034, or 11.4% of the global economy, according to Statista. Key technology investments in travel and mobility between 2018 and 2024 have included AI, IoT, Immersive Tech, Blockchain, Web3, and Quantum Computing &ndash; areas where Malaysia is poised to make its mark. With Visit Malaysia Year 2026 on the horizon, MDEC&rsquo;s DTIL initiative is a timely step in transforming Malaysia&rsquo;s tourism sector into a model for digital innovation in the region.

&nbsp;

DTIL is set to continue empowering start-ups, innovators, and industry leaders to drive Malaysia&rsquo;s digital tourism evolution, bringing fresh energy to the sector and creating meaningful contributions to the country&rsquo;s economy and its communities.

&nbsp;

END

&nbsp;

Issued by: &nbsp;

Corporate Communications Division &nbsp;

Malaysia Digital Economy Corporation (MDEC)

DIGITAL TOURISM INNOVATION LAB COHORT 3: MDEC PAVES THE WAY FOR A TECH-DRIVEN TOURISM FUTURE

ALOR SETAR, KEDAH - 10 NOVEMBER 2024 - Perbadanan Ekonomi Digital Malaysia (MDEC), agensi peneraju ekonomi digital negara di bawah seliaan Kementerian Digital (KD), menganjurkan program Jelajah Saya Digital (JSD) di Aman Central, Alor Setar.

Program berlangsung selama dua hari, bermula pada 9 hingga 10 November dengan anggaran seramai 2,000 pengunjung diadakan bagi memberi pendedahan kepada rakyat tentang kemahiran literasi serta peluang yang boleh dimanfaatkan dalam dunia digital.

&nbsp;

Program JSD merupakan lanjutan dari Kempen Saya Digital yang diperkenalkan pada tahun 2020, bertujuan memperkasakan rakyat Malaysia dengan kemahiran digital bagi menghadapi cabaran ekonomi digital yang semakin berkembang pesat. Inisiatif ini juga selaras dengan aspirasi kerajaan negeri Kedah untuk mewujudkan negeri berpendapatan tinggi dan maju melalui pembangunan ekonomi yang holistik menjelang 2035.

&nbsp;

Selaras dengan hasrat Kementerian Digital yang memfokuskan tiga teras utama iaitu&nbsp;Kerajaan Digital, Ekonomi Digital dan Masyarakat Digital, JSD menjadi platform untuk membantu meningkatkan kemahiran digital rakyat Malaysia. Inisiatif ini adalah sebahagian usaha kerajaan mendayaupayakan rakyat di samping mempromosikan penyelesaian gaya hidup pintar berasaskan teknologi digital. Seterusnya, menarik pelaburan bernilai tinggi secara langsung memajukan kehidupan pintar serta meningkatkan bilangan profesional mahir yang menekankan pada set kemahiran dalam era ini.

&nbsp;

Program JSD menumpukan kepada empat teras utamanya iaitu Saya Digital Literasi, Saya Digital Bisnes, Saya Digital Freelance, dan Saya Digital Kerjaya di mana ia memberi manfaat kepada golongan sasaran seperti B40, graduan menganggur, warga emas, orang kelainan upaya (OKU), pelajar sekolah dan universiti, serta usahawan mikro, kecil, dan sederhana (PMKS). Dengan mengambil peluang yang ada, para peserta dapat memainkan peranan penting dalam memperkukuhkan ekonomi digital negara.

&nbsp;

Sejak JSD diperkenalkan pada tahun 2020, jumlah penyertaan telah mencapai 55,568 pesertamelalui acara fizikal dan dalam talian secara keseluruhan. Untuk tahun ini, MDEC telah mensasarkan seramai 40,000 peserta untuk menyertai program JSD di 31 lokasi seluruh negara.

&nbsp;

Menerusi JSD, MDEC juga telah melaksanakan beberapa program lain antaranya program eUsahawan dan MyDigitalMaker. Dalam program eUsahawan, seramai 564,629 pelajar Institusi Pengajian Tinggi (IPT), pelajar Pendidikan dan Latihan Teknikal dan Vokasional (TVET) dan usahawan di seluruh negara, berjaya mencapai jualan terkumpul melebihi RM1.26 bilion. Dari jumlah itu, seramai 39,609 usahawan dari Kedah telah berjaya menyumbang lebih RM50.59 juta. Sementara itu, menerusi program MyDigitalMaker pula, ia telah memberi impak kepada lebih 2.5 juta pelajar sekolah di seluruh negara melalui penglibatan dalam aktiviti pembuatan digital. Sejak diperkenalkan pada 2016, seramai 95,000 murid daripada 450 sekolah di Kedah telah terlibat secara langsung dalam program MyDigitalMaker melibatkan 110 sekolah di Alor Setar.

&nbsp;

Di program JSD @ Alor Setar kali ini terdapat beberapa sesi perkongsian menarik yang memfokuskan kepada penggunaan media sosial dari sisi positif oleh selebriti dan pempengaruh Ajak Shiro. Selain itu, para usahawan PMKS berpeluang mempelajari panduan praktikal mengenai teknik gerak laju pemasaran digital dan penggunaan aplikasi TikTok untuk memprluaskan capaian serta meningkatkan hasil jualan.

&nbsp;

Acara menarik lain termasuk siaran langsung program eSukan yang melibatkan lebih 300 penyertaan, di samping sesi perkongsian teknologi Kecerdasan Buatan (AI) untuk pembelajaran yang lebih efektif. Memeriahkan program JSD ini ialah kehadiran Krew Era FM Cruiser bagi menambah semangat dan sokongan kepada pengunjung.

&nbsp;

Majlis pelancaran JSD @ Alor Setar telah dirasmikan oleh YB Tuan Dr. Haim Hilman Bin Abdullah, Pengerusi Jawatankuasa Industri &amp; Pelaburan, Pengajian Tinggi dan Sains, Teknologi &amp; Inovasi, diiringi oleh YBrs. Tuan Shakib bin Ahmad Shakir, Timbalan Ketua Setiausaha (Strategik dan Pengurusan) Kementerian Digital; YBhg. Dato&#39; Dr Nadzman bin Mustaffa, Timbalan Setiausaha Kerajaan Negeri (Pengurusan) merangkap Ketua Pegawai Digital Negeri Kedah; YBrs Encik Amiruddin Abdul Shukor, Ketua Perkhidmatan Korporat, Perbadanan Ekonomi Digital Malaysia (MDEC); serta YBrs Puan Balkhis Binti Abu Bakar, Pengarah Teknologi Maklumat &amp; Komunikasi Negeri Kedah, Pejabat Setiausaha Kerajaan Negeri Kedah.

&nbsp;

Rakan-rakan strategik MDEC yang terlibat dalam program ini termasuk Bahagian Teknologi Maklumat dan Komunikasi Negeri Kedah, Pertubuhan Keselamatan Sosial (PERKESO), Jabatan Pengangkutan Jalan (JPJ), TM-Unifi Business, MIMOS Berhad (MyDigital ID), dan GigaBash turut mengadakan sesi perkongsian dalam pelbagai sesi di JSD @ Alor Setar.

&nbsp;

Untuk mendapatkan maklumat lanjut mengenai JSD dan pendaftaran, sila layari https://mdec.my/sayadigital.

&nbsp;

Dikeluarkan oleh:

Bahagian Komunikasi Korporat

Perbadanan Ekonomi Digital Malaysia (MDEC)

&nbsp;

-TAMAT-

JSD @ ALOR SETAR PERTINGKATKAN KEMAHIRAN LITERASI DIGITAL RAKYAT, MEMACU KE ARAH KEDAH MAJU EKONOMI DIGITAL DAN INOVATIF

BARCELONA, 6 November 2024 - The Malaysia Digital Economy Corporation (MDEC), together with Digital Nasional Berhad (DNB) and MyDIGITAL Corporation proudly launched the Malaysia Pavilion at the Smart City Expo World Congress (SCEWC 2024) in Fira Barcelona Gran Via, Spain. This exhibition underscores Malaysia&#39;s steadfast commitment to advancing digital city initiatives and fostering international collaborations to drive urban innovation and sustainability.

&nbsp;

The Malaysia Pavilion, officiated by the Honourable Gobind Singh Deo, Minister of Digital Malaysia, is located at D60 in Hall 2 and showcases a diverse range of Malaysian organisations leading in digital city solutions. With 11 organisations presenting their technologies and innovative products and services, attendees will have the opportunity to engage directly with Malaysian innovators, explore collaborative ventures, and experience the transformative potential of Malaysia&rsquo;s digital economy firsthand.

&nbsp;

SCEWC 2024, is a global platform uniting industry leaders, policymakers, and innovators which emphasises Malaysia&#39;s strategic vision to leverage digital technologies for enhancing urban living and improving citizens&#39; digital experiences. The Malaysia Pavilion serves as a hub for showcasing the nation&rsquo;s advanced solutions and facilitating meaningful discussions on the future of digital cities.

&nbsp;

MDEC&#39;s Chief Executive Officer (CEO), Anuar Fariz Fadzil, expressed enthusiasm about the Malaysia Pavilion stating, &ldquo;Our presence at SCEWC 2024 reflects Malaysia&rsquo;s commitment to being a global leader in digital city development. We are not just showcasing our innovations; we are inviting collaboration and dialogue that will help shape the future of urban living. We also hope to forge strategic partnerships to drive digital exports and investments, while learning from European best practices in digital city governance.&rdquo;

&nbsp;

Building on its commitment in Barcelona, the Ministry of Digital also announced that Malaysia will be the first country in Southeast Asia to host the Smart City Expo Kuala Lumpur (SCEKL) in September 2025. As ASEAN Chair next year, Malaysia will lead efforts to connect the region with the latest innovations, fostering the development of more efficient and sustainable cities across the bloc.

&nbsp;

Digital Nasional Berhad (DNB) Chief Executive Officer (CEO), Datuk Azman Ismail, highlighted the transformative potential of 5G-powered smart city applications in enhancing urban living. &ldquo;Smart city solutions, including autonomous vehicles and advanced public transportation systems, smart lighting integrated with real-time surveillance, real-time traffic management, and intelligent water and waste management, significantly improve the safety, security, comfort, and convenience for urban residents. These applications leverage AI and IoT devices, which depend on high-speed, ultra-low latency connectivity. As Malaysia&rsquo;s 5G wholesale network provider, DNB is proud to be the backbone of the nation&rsquo;s digital city transformation.&rdquo;

&nbsp;

According to MyDIGITAL Corporation Chief Executive Officer (CEO), Adrian Marcellus, &ldquo;we envision building cities that are not only sustainable but also inclusive, using digital technologies to drive meaningful change for everyone. Through global collaboration, we aim to address our cities&#39; most urgent challenges&mdash;improving quality of life, enhancing resilience, and fostering equitable opportunities for all. Together, we can create urban environments where technology supports sustainable growth and ensures that no one is left behind, reflecting ASEAN&rsquo;s commitment to inclusivity and resilience for a better tomorrow&rdquo;.

&nbsp;

These initiatives highlight the Ministry of Digital&rsquo;s ongoing commitment to fostering a robust digital economy. By harnessing innovative technologies and encouraging international collaboration, Malaysia aims to set new standards in urban living, drive sustainable growth, and preserve the environment. MDEC, DNB, and MyDIGITAL invite all attendees of SCEWC 2024 to visit the Malaysia Pavilion to explore Malaysia&rsquo;s role in shaping the future of digital cities and to discover more about SCEKL 2025.

&nbsp;

-END-

&nbsp;

<h1 style="margin-left:9px">Issued by:</h1>

Corporate Communications Division

Malaysia Digital Economy Corporation (MDEC)

&nbsp;

BARCELONA, 6 November 2024 - The Malaysia Digital Economy Corporation (MDEC), together with Digital Nasional Berhad (DNB) and MyDIGITAL Corporation proudly launched the Malaysia Pavilion at the Smart City Expo World Congress (SCEWC 2024) in Fira Barcelona Gran Via, Spain. This exhibition underscores Malaysia&#39;s steadfast commitment to advancing digital city initiatives and fostering international collaborations to drive urban innovation and sustainability.

&nbsp;

The Malaysia Pavilion, officiated by the Honourable Gobind Singh Deo, Minister of Digital Malaysia, is located at D60 in Hall 2 and showcases a diverse range of Malaysian organisations leading in digital city solutions. With 11 organisations presenting their technologies and innovative products and services, attendees will have the opportunity to engage directly with Malaysian innovators, explore collaborative ventures, and experience the transformative potential of Malaysia&rsquo;s digital economy firsthand.

&nbsp;

SCEWC 2024, is a global platform uniting industry leaders, policymakers, and innovators which emphasises Malaysia&#39;s strategic vision to leverage digital technologies for enhancing urban living and improving citizens&#39; digital experiences. The Malaysia Pavilion serves as a hub for showcasing the nation&rsquo;s advanced solutions and facilitating meaningful discussions on the future of digital cities.

&nbsp;

MDEC&#39;s Chief Executive Officer (CEO), Anuar Fariz Fadzil, expressed enthusiasm about the Malaysia Pavilion stating, &ldquo;Our presence at SCEWC 2024 reflects Malaysia&rsquo;s commitment to being a global leader in digital city development. We are not just showcasing our innovations; we are inviting collaboration and dialogue that will help shape the future of urban living. We also hope to forge strategic partnerships to drive digital exports and investments, while learning from European best practices in digital city governance.&rdquo;

&nbsp;

Building on its commitment in Barcelona, the Ministry of Digital also announced that Malaysia will be the first country in Southeast Asia to host the Smart City Expo Kuala Lumpur (SCEKL) in September 2025. As ASEAN Chair next year, Malaysia will lead efforts to connect the region with the latest innovations, fostering the development of more efficient and sustainable cities across the bloc.

&nbsp;

Digital Nasional Berhad (DNB) Chief Executive Officer (CEO), Datuk Azman Ismail, highlighted the transformative potential of 5G-powered smart city applications in enhancing urban living. &ldquo;Smart city solutions, including autonomous vehicles and advanced public transportation systems, smart lighting integrated with real-time surveillance, real-time traffic management, and intelligent water and waste management, significantly improve the safety, security, comfort, and convenience for urban residents. These applications leverage AI and IoT devices, which depend on high-speed, ultra-low latency connectivity. As Malaysia&rsquo;s 5G wholesale network provider, DNB is proud to be the backbone of the nation&rsquo;s digital city transformation.&rdquo;

&nbsp;

According to MyDIGITAL Corporation Chief Executive Officer (CEO), Adrian Marcellus, &ldquo;we envision building cities that are not only sustainable but also inclusive, using digital technologies to drive meaningful change for everyone. Through global collaboration, we aim to address our cities&#39; most urgent challenges&mdash;improving quality of life, enhancing resilience, and fostering equitable opportunities for all. Together, we can create urban environments where technology supports sustainable growth and ensures that no one is left behind, reflecting ASEAN&rsquo;s commitment to inclusivity and resilience for a better tomorrow&rdquo;.

&nbsp;

These initiatives highlight the Ministry of Digital&rsquo;s ongoing commitment to fostering a robust digital economy. By harnessing innovative technologies and encouraging international collaboration, Malaysia aims to set new standards in urban living, drive sustainable growth, and preserve the environment. MDEC, DNB, and MyDIGITAL invite all attendees of SCEWC 2024 to visit the Malaysia Pavilion to explore Malaysia&rsquo;s role in shaping the future of digital cities and to discover more about SCEKL 2025.

&nbsp;

-END-

&nbsp;

<h1 style="margin-left:9px">Issued by:</h1>

Corporate Communications Division

Malaysia Digital Economy Corporation (MDEC)

MDEC, DNB & MYDIGITAL DISPLAY MALAYSIA'S INNOVATIONS THROUGH THE MALAYSIA PAVILION AT SCEWC BARCELONA 2024

CYBERJAYA, 30 OCTOBER 2024 &ndash; The Malaysia Digital Economy Corporation (MDEC) today announced two groundbreaking Memorandums of Understanding (MoUs) with Singapore&#39;s Ascent and Indonesia&#39;s Central Capital Ventura (CCV), marking a significant milestone in its efforts to strengthen Malaysia&rsquo;s digital economy. These strategic partnerships bring in capital investment up to USD45 million (RM200 million) to fuel innovation, accelerate the growth of local startups, and reinforce Malaysia&rsquo;s role as a premier digital hub within the ASEAN region.

&nbsp;

The signing ceremony, attended by the CEOs from MDEC, Ascent, and CCV, highlights the importance of cross-border collaboration in driving Malaysia&rsquo;s digital economy forward. The combined funding will be instrumental in fostering the growth of Malaysian startups, particularly in line with Malaysia&rsquo;s KL20 initiatives, and reinforcing our country&rsquo;s position as a key player in the Southeast Asian startup ecosystem.

&nbsp;

Ascent has committed to invest towards early-stage Malaysian startups in critical sectors, including fintech, embedded finance, healthcare, sustainable agriculture, SME enablers, and next-generation technologies such as Artificial Intelligence (AI) and robotics. This capital injection is expected to drive financial inclusion, promote digital transformation, and enable promising startups to scale regionally. By leveraging this investment, Malaysia can position itself as a leader in innovation across these domains.

&nbsp;

Simultaneously, Central Capital Ventura (CCV), the venture arm of Indonesia&rsquo;s largest private bank, Bank Central Asia (BCA), is committing to open access for Malaysian startups to collaborate with the regional ecosystem network that CCV has in Southeast Asia. This investment aligns with MDEC&rsquo;s efforts to accelerate growth in key areas such as AI, cybersecurity, blockchain, and digital finance, offering critical support for Malaysian startups in these high-growth sectors.

&nbsp;

Attracting global investments like these reinforces MDEC&rsquo;s commitment to nurturing talent, driving digital inclusion, and strengthening Malaysia&rsquo;s role as a regional leader in technological advancements. The strategic MoUs will enhance cross-border innovation, allowing Malaysian companies to leverage the resources and expertise provided by Ascent and CCV to expand their operations and compete globally. These partnerships will drive local innovation, foster talent development, and contribute significantly to Malaysia&rsquo;s transformation into a dynamic digital-first nation.

&nbsp;

These collaborations will offer Malaysian startups access to international markets, mentorship from industry experts, and potential follow-on investments. MDEC will work closely with Ascent and CCV to ensure the successful execution of these initiatives and to maximise their long-term impact on Malaysia&rsquo;s digital economy.

&nbsp;

-END-

&nbsp;

Issued by: &nbsp;

Corporate Communications Division &nbsp;

Malaysia Digital Economy Corporation (MDEC

MDEC ESTABLISHED STRATEGIC PARTNERSHIPS WITH ASCENT AND CENTRAL CAPITAL VENTURA WITH CAPITAL INVESTMENT UP TO RM200 MILLION IN TO FUEL MALAYSIA’S DIGITAL ECONOMY

PETALING JAYA, 26 Oktober 2024 &ndash; Perbadanan Ekonomi Digital Malaysia (MDEC), agensi peneraju ekonomi digital negara di bawah seliaan Kementerian Digital (KD) hari ini, telah melaksanakan Program Sentuhan Kasih, sebuah program tanggungjawab sosial korporat (CSR) yang bertujuan untuk membantu komuniti Orang Asli di Bukit Lanjan. Program ini memfokuskan kepada pengagihan pek barangan makanan kepada 50 keluarga Orang Asli, yang disampaikan YB Tuan Gobind Singh Deo, Menteri Digital, bagi meringankan beban kehidupan golongan sasar.

&nbsp;

Kehadiran YB Gobind membuktikan sokongan penuh kementerian terhadap usaha kebajikan, sekaligus memperkukuh komitmen dalam memperjuangkan kebajikan masyarakat, khususnya untuk golongan terpinggir seperti komuniti Orang Asli.

&nbsp;

Program Sentuhan Kasih ini bukan sahaja bertujuan untuk memberikan pek bantuan makanan asas, tetapi ia juga sebagai platform untuk mengeratkan hubungan antara kerajaan, sektor korporat, dan masyarakat Orang Asli. Antara sumbangan yang diberikan termasuk beras, tepung, gula, minyak dan lain-lain. Inisiatif ini dijalankan dengan kerjasama rakan strategik program, Mamee-Double Decker Distribution (M) Sdn Bhd, dan bertujuan untuk membawa perubahan positif kepada golongan yang memerlukan serta menyokong pembangunan komuniti yang lebih inklusif.

&nbsp;

Dalam ucapannya, YB Gobind berbesar hati kerana dapat turut serta dalam Program Sentuhan Kasih anjuran bersama MDEC. &ldquo;Membantu komuniti Orang Asli bukan sahaja memenuhi tanggungjawab, tetapi memperkukuhkan perpaduan dan kesejahteraan dalam masyarakat. Saya akan terus menyokong usaha-usaha murni seperti ini bagi memastikan setiap rakyat mendapat perhatian yang sewajarnya&rdquo;.

&nbsp;

Anuar Fariz Fadzil, Ketua Pegawai Eksekutif MDEC berkata, MDEC sentiasa berusaha memastikan komuniti terpinggir turut mendapat manfaat daripada inisiatif tanggungjawab sosial korporat dan berharap agar program CSR sebegini dapat diteruskan dan diperluaskan lagi pada masa akan datang.

&nbsp;

Program Sentuhan Kasih telah membuktikan komitmen MDEC terhadap pembangunan komuniti, serta menunjukkan bahawa kerjasama erat antara kerajaan dan sektor swasta mampu memberikan impak positif yang signifikan.

&nbsp;

-TAMAT-

&nbsp;

Dikeluarkan oleh: 
Bahagian Komunikasi Korporat 
Perbadanan Ekonomi Digital Malaysia (MDEC)

&nbsp;

PETALING JAYA, 26 Oktober 2024 &ndash; Perbadanan Ekonomi Digital Malaysia (MDEC), agensi peneraju ekonomi digital negara di bawah seliaan Kementerian Digital (KD) hari ini, telah melaksanakan Program Sentuhan Kasih, sebuah program tanggungjawab sosial korporat (CSR) yang bertujuan untuk membantu komuniti Orang Asli di Bukit Lanjan. Program ini memfokuskan kepada pengagihan pek barangan makanan kepada 50 keluarga Orang Asli, yang disampaikan YB Tuan Gobind Singh Deo, Menteri Digital, bagi meringankan beban kehidupan golongan sasar.

&nbsp;

Kehadiran YB Gobind membuktikan sokongan penuh kementerian terhadap usaha kebajikan, sekaligus memperkukuh komitmen dalam memperjuangkan kebajikan masyarakat, khususnya untuk golongan terpinggir seperti komuniti Orang Asli.

&nbsp;

Program Sentuhan Kasih ini bukan sahaja bertujuan untuk memberikan pek bantuan makanan asas, tetapi ia juga sebagai platform untuk mengeratkan hubungan antara kerajaan, sektor korporat, dan masyarakat Orang Asli. Antara sumbangan yang diberikan termasuk beras, tepung, gula, minyak dan lain-lain. Inisiatif ini dijalankan dengan kerjasama rakan strategik program, Mamee-Double Decker Distribution (M) Sdn Bhd, dan bertujuan untuk membawa perubahan positif kepada golongan yang memerlukan serta menyokong pembangunan komuniti yang lebih inklusif.

&nbsp;

Dalam ucapannya, YB Gobind berbesar hati kerana dapat turut serta dalam Program Sentuhan Kasih anjuran bersama MDEC. &ldquo;Membantu komuniti Orang Asli bukan sahaja memenuhi tanggungjawab, tetapi memperkukuhkan perpaduan dan kesejahteraan dalam masyarakat. Saya akan terus menyokong usaha-usaha murni seperti ini bagi memastikan setiap rakyat mendapat perhatian yang sewajarnya&rdquo;.

&nbsp;

Anuar Fariz Fadzil, Ketua Pegawai Eksekutif MDEC berkata, MDEC sentiasa berusaha memastikan komuniti terpinggir turut mendapat manfaat daripada inisiatif tanggungjawab sosial korporat dan berharap agar program CSR sebegini dapat diteruskan dan diperluaskan lagi pada masa akan datang.

&nbsp;

Program Sentuhan Kasih telah membuktikan komitmen MDEC terhadap pembangunan komuniti, serta menunjukkan bahawa kerjasama erat antara kerajaan dan sektor swasta mampu memberikan impak positif yang signifikan.

&nbsp;

-TAMAT-

&nbsp;

Dikeluarkan oleh: 
Bahagian Komunikasi Korporat 
Perbadanan Ekonomi Digital Malaysia (MDEC)

​​​​​​​

PROGRAM SENTUHAN KASIH MDEC SANTUNI KOMUNITI ORANG ASLI, SOKONG PEMBANGUNAN LEBIH INKLUSIF

KUALA LUMPUR, 24 October 2024 &ndash; The Ministry of Digital (KD), through the Malaysia Digital Economy Corporation (MDEC), the nation&rsquo;s leading digital economy agency, proudly launched the Malaysia Digital Xceleration (MDX) Summit 2024 today at the Malaysia International Trade and Exhibition Centre (MITEC). Officiated by the Minister of Digital, YB Tuan Gobind Singh Deo, this summit underscores Malaysia&rsquo;s rising influence as a digital powerhouse within the ASEAN region.

&nbsp;

Centred around five transformative next-generation technologies &ndash; Data Trust, Next-Gen Computing, Computer Vision, Metaverse, and Digital Twins &ndash; MDX Summit 2024 brings together industry leaders to shape the future of Malaysia&rsquo;s digital landscape, further solidifying the nation&#39;s leadership in digital innovation across Southeast Asia.

&nbsp;

Aligned with the Ministry of Digital&#39;s forward-looking vision, the summit emphasizes the urgency of adopting advanced technologies. It highlights Malaysia&rsquo;s resolve to strengthen its economic resilience and secure a competitive edge on the global stage through cutting-edge digital transformation.

&nbsp;

Scheduled for two days, from 24 to 25 October 2024, participants will explore an expansive agenda, including keynote addresses, panel discussions, exhibitions, and invaluable networking opportunities. The event is set to welcome over 3,000 attendees, including global investors, entrepreneurs, startups, policymakers, and digital professionals, all eager to engage in meaningful dialogue that will shape Malaysia&rsquo;s digital economy.

&nbsp;

MDX Summit 2024 reaffirms MDEC&rsquo;s unwavering commitment to nurturing innovation and positioning Malaysia as a proactive leader in next-generation technologies. This summit goes beyond mere preparation&mdash;it&rsquo;s about actively forging Malaysia&rsquo;s digital destiny.

&nbsp;

This year&rsquo;s summit features a stellar lineup of internationally renowned keynote speakers. Former French Minister for SMEs, Innovation, and Digital Economy, Fleur Pellerin, will explore policies driving innovation, while Mike Walsh, CEO of Tomorrow, will share his vision for building an AI-powered future.

&nbsp;

As the Diamond Sponsor, BlackBerry will play a prominent role at MDX Summit 2024, showcasing its Cybersecurity Center of Excellence. BlackBerry&rsquo;s Chief Information Security Officer (CISO), Christine Gadsby, will lead discussions on the evolving role of human oversight in AI-driven cybersecurity and advancements in data trust, reinforcing Malaysia&rsquo;s leadership in building a secure and resilient digital future.

&nbsp;

The MDX Summit 2024 is a key initiative under the Malaysia Digital (MD) framework, providing a strategic platform to elevate Malaysia&rsquo;s global digital presence. By fostering collaboration between local and international businesses, showcasing Malaysia&rsquo;s digital assets, and attracting high-value investments, the summit is poised to accelerate the growth of the nation&rsquo;s digital economy.

&nbsp;

Synapze, the Strategic Partner for MDX Summit 2024, has played a vital role in delivering an impactful and seamless event experience.

&nbsp;

For more information on MDX Summit 2024, please visit https://mdec.my/mdx.

&nbsp;

-END-

&nbsp;

Issued by: 
Corporate Communications Division 
Malaysia Digital Economy Corporation (MDEC)

MDX SUMMIT 2024 CHAMPIONS MALAYSIA’S DIGITAL LEADERSHIP AND ECONOMIC GROWTH

CYBERJAYA, 17 October 2024 &ndash; The Malaysia Pavilion, held at the major global gaming event, Tokyo Game Show (TGS) 2024, successfully concluded with more than 150 business meetings were conducted between the Malaysian and Japanese gaming companies, with potential sales of USD67.11 million. TGS 2024 hosted a record-high number of 274, 739 visitors, 985 companies and organisations from 44 countries and regions during the four-day event.

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This year, the Malaysia Digital Economy Corporation (MDEC) partnered with the Malaysia External Trade Development Corporation (MATRADE) to create collaboration opportunities for Malaysian game developers at the Malaysia Pavilion.

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For the past eight years, both agencies have proudly represented Malaysia at TGS, showcasing the country&#39;s growing influence in the gaming sector. The pavilion, that was held from 26 to 29 September 2024, featured 10 leading Malaysian gaming studios specialising in game development and visual effects (VFX). These studios have contributed to various stages of video game production, from pre- production to publishing. The 10 companies represented at TGS2024 include:

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I. Adticles- An interactive entertainment company specialising in designing virtual characters and environments for brands to engage with audiences in the metaverse. (https://www.weareedt.com/)

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II. Ammobox Studios- A game developer specialising in end-to-end game development using Unreal Engine, focused on creating original Intellectual Properties (IPs)s. (https://ammoboxstudios.com/)III. Bear Down Studios- A creative studio specialising in designing imaginary worlds and developing story concepts for video games and movies. (https://www.beardownstudios.com/)

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IV. Dreamscapes Edtech- A company that creates game-based learning content to enhance students&#39; understanding of new concepts in digital environments.(https://dreamscapesed.com/)

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V. eSolved MSC- Malaysia&rsquo;s first meta commerce platform, Youniverse, connects virtual and real-world experiences by providing an interactive space for users. (https://youniverse.game/)

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VI. Goolee- A company that develops a board game called Goolee, designed to enhance cognitive skills among individuals and organisations. (https://goolee.my/)

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VII. Magnus studio- A game company specialising in game IP development, creating and managing original concepts for video games. (https://www.magnusgamesstudio.com/)

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VIII. Rcade Studio- A game company specialises in developing and managing

original IP for video games. (https://rcade-studio.com/)

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IX. Todak Studios- A game company specialises in developing and managing original video game IP. (https://todakstudios.com/)

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X. Why Knot- A game studio specialises in mobile, VR, and AR game development as well as 2D and 3D game art creation, known for its award- winning title ITENO. (https://whyknot.games/)

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MDEC remains committed to supporting this sector by nurturing local talent, fostering innovation, and promoting original intellectual properties to establish a robust gaming ecosystem. This efforts positions Malaysia as a key player in the global gaming market, enhancing the country&rsquo;s digital economy and cultural identity.Datuk Fadzli Abdul Wahit, Head of Digital Transformation Division of MDEC, said &ldquo;At the Tokyo Game Show, we proudly showcased Malaysia&rsquo;s dynamic digital creative industry, especially in gaming, where our talented developers are crafting unique stories that resonate globally. This event underscores our dedication to fostering creativity and innovation on the global stage. We would like to thank MATRADE for the support throughout the event.&rdquo;

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Malaysia&rsquo;s participation at the Tokyo Game Show positions our local industry players at the forefront of the global gaming landscape, showcasing their innovative products and creative capabilities to an international audience. As we set our sights on World Expo Osaka 2025, our presence at TGS not only builds momentum but also strengthens Malaysia&rsquo;s position as a hub of innovation and creativity in the global creative content industry. This high impact initiative will contribute to Malaysia&rsquo;s digital content exports by 8% growth rate, target set under the MyDigital Blueprint and the 12th Malaysia Plan,&rdquo; said Datuk Mohd Mustafa Abdul Aziz, CEO of MATRADE.

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In addition to the showcase, MDEC facilitated numerous business meetings at TGS 2024 with Bandai Namco Studios, Nintendo, Digital Hearts, Shuiesha Games, connecting prospective investors with global players and newcomers eager to learn about Malaysia&#39;s gaming industry. These efforts are driving new partnerships and reinforcing Malaysia&rsquo;s position as a growing force in the global gaming market.&nbsp;

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About MDEC

The Malaysia Digital Economy Corporation (MDEC) was established in 1996 to spearhead the country&rsquo;s digital economy. MDEC launched Malaysia Digital (MD), a national strategic initiative aimed at addressing current key challenges in the digital landscape for a robust and agile digital economy.

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As an agency under the Ministry of Digital, MDEC drives the digital economy through industry development, trade facilitation and policy advocacy.Please visit our website at www.mdec.com.my.

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About MATRADE

The Malaysia External Trade Development Corporation (MATRADE) was established on March 1, 1993 as the external trade promotion arm of Malaysia&#39;s Ministry of Investment, Trade and Industry (MITI). MATRADE&rsquo;s primary role is to assist Malaysian exporters in developing and expanding their export markets. Aligned with Malaysia&#39;s commercial diplomacy efforts, MATRADE is the nation&rsquo;s trade facilitator and champion of Malaysian-made products and services on the global stage.

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Issued by:

Corporate Communications Division

Malaysia Digital Economy Corporation (MDEC)

THE MALAYSIA PAVILION AT TOKYO GAME SHOW 2024 SEES POTENTIAL EXPORT VALUE OF USD67.11 MILLION

KUCHING, 16 October 2024: Malaysia Digital Economy Corporation (MDEC), in partnership with the Sarawak government via its implementing agency, Sarawak Digital Economy Corporation (SDEC) is excited to announce the launch of the DE Rantau Sarawak during the opening ceremony of International Digital Economy Conference Sarawak (IDECS) 2024. This significant milestone was announced by YAB Datuk Patinggi Tan Sri (Dr) Abang Haji Abdul Rahman Zohari bin Tun Datuk Abang Haji Openg, the Premier of Sarawak. The event was also attended by YBrs Tuan Ma. Sivanesan A/L Marimuthu, Deputy Secretary-General (Digital Development), Ministry of Digital, and YBrs Anuar Fariz Fadzil, Chief Executive Officer of MDEC.

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The DE Rantau Sarawak is part of the broader Sarawak Digital Residency Programme (SDRP), inspired by Estonia&#39;s E-Residency model. The SDRP aims to attract digital professionals to work and live in Sarawak. SDRP&rsquo;s first phase introduces the DE Rantau Sarawak, a Professional Visit Pass (PVP) which allows digital freelancers and remote workers to stay in Sarawak and Peninsular Malaysia for up to 12 months, with an option for a renewal of another 12 months. The application for DE Rantau Sarawak will be open in Q1 2025.

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While working remotely, this pass enables global tech talents to experience working remotely from both Sarawak and Peninsular Malaysia, while experiencing Malaysia&rsquo;s rich culture, stunning landscapes, and modern infrastructure. 

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DE Rantau, which is a Malaysia Digital initiative, aims to position Malaysia as Southeast Asia&#39;s preferred destination for digital nomads while promoting digital adoption and tourism nationwide. Since its inception in 2022, the DE Rantau Nomad Pass has been enhanced to include non-tech professionals, broadening access for global talents wishing to work remotely from Malaysia. As of 14th October 2024, DE Rantau has received 4059 digital nomad pass applications, out of which, 1,988 has been approved. The top 5 nationalities of DE Rantau Nomad Pass holders are from Russia, Pakistan, the United Kingdom, Japan and United States of America. 40% of DE Rantau Nomad Pass holders are here in Malaysia with their family members.

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The programme also boasts a robust ecosystem with 2,076 certified DE Rantau Hubs that offer strategic locations, high-speed internet connectivity, and work-friendly amenities. MDEC has partnered with 15 ecosystem partners across various sectors, including transport, tourism, cashless services, healthcare, insurance, car rentals and co-working spaces.

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MDEC is dedicated to creating destinations where digital nomads can thrive, recharge, and discover new inspirations. The growing DE Rantau nomad community, who are actively participating in various events and programmes organised by MDEC and the ecosystem partners, demonstrates DE Rantau&rsquo;s effectiveness and Malaysia&#39;s appeal as a digital nomad destination.

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For more information and to apply for the DE Rantau Nomad Pass, please visit <a href="http://www.mdec.my/derantau" style="color:#0563c1; text-decoration:underline">www.mdec.my/derantau</a>.

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Issued by:

Corporate Communications Division 

Malaysia Digital Economy Corporation (MDEC)

DE RANTAU SARAWAK: THE NEW FRONTIER FOR DIGITAL NOMADS IN BORNEO

UNLOCKING TOMORROW: TRANSFORMING MALAYSIA'S DIGITAL LANDSCAPE AT MDX SUMMIT 2024

MDEC AIMS TO ATTRACT RM300 MILLION OF EXPORT OPPORTUNITIES AT GITEX GLOBAL AND ENS 2024

KUALA LUMPUR, 4 OCTOBER 2024 &ndash; The Malaysia Digital Economy Corporation (MDEC), Malaysia&rsquo;s lead digital agency, successfully hosted the second edition of the Malaysia Digital Tech Adoption Summit, focusing on Blockchain. The event, officiated by YB Datuk Wilson Ugak Anak Kumbong, Deputy Minister of Digital, reinforced the nation&rsquo;s ambitions to position itself as the digital hub of ASEAN, in line with the Malaysia Digital (MD) national strategic initiative.

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Blockchain adoption in Malaysia has seen remarkable growth in recent years. As of 2024, over 840,000 Malaysians have opened accounts with regulated digital asset exchanges, and the sector saw RM21 billion in digital assets traded in 2021 alone, a significant increase from RM1.4 billion in 2020​.

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Blockchain technology is expected to contribute substantially to Malaysia&rsquo;s economic growth, playing a crucial role in sectors like digital finance, supply chain traceability, and public service transformation. Furthermore, the global blockchain market is projected to grow significantly, with an estimated USD 69 billion market size by 2032​.

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The Malaysia Digital Tech Adoption Summit provided a platform for cross-industry collaboration, bringing together business leaders, policymakers, and innovators to explore blockchain&rsquo;s potential in driving Malaysia&rsquo;s digital future. The event also highlighted Malaysia&rsquo;s role as a critical enabler of Industry 4.0 transformation, fostering innovation and efficiency through emerging technologies such as blockchain.

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Themed &ldquo;Empowering Malaysia&rsquo;s Digital Future Through Blockchain Adoption&rdquo;, the summit emphasised blockchain technology&#39;s critical role in sectors such as finance, healthcare, and supply chain management. Blockchain&rsquo;s ability to enhance transparency, security, and operational efficiency is vital to maintaining Malaysia&rsquo;s competitiveness in the global economy.

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The event showcased the transformative power of blockchain and how it empowers SMEs by boosting productivity and cutting costs, while helping large enterprises scale more effectively. Key discussions covered the regulatory landscape, blockchain&#39;s role in innovation, and success stories from businesses that have leveraged the technology. Alongside knowledge-sharing sessions, the summit provided networking and business matching opportunities to foster collaboration between tech providers and enterprises, aiming to build secure, transparent, and efficient digital infrastructures for long-term growth.

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The Malaysia Digital Tech Adoption Summit aligns with the broader goals of the nation such as the MyDIGITAL and Fourth Industrial Revolution (4IR) frameworks, which aim to increase productivity by 30% through technology-driven solutions. 

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MDEC remains unwavering in its commitment to driving technological advancement. By championing adoption and fostering innovation across industries, MDEC is not only accelerating the local tech landscape but also positioning Malaysia at the forefront of the region&rsquo;s digital future. With strategic initiatives like this summit, MDEC continues to pave the way for transformative growth, ensuring the nation&rsquo;s competitive edge in the global digital economy.

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END

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Issued by:

Corporate Communications Division

Malaysia Digital Economy Corporation (MDEC)​​​​​​​

MDEC’S SEQUEL TO TECH ADOPTION SUMMIT CENTRES ON BLOCKCHAIN’S TRANSFORMATIVE POWER

KUALA LUMPUR, 3 OCTOBER 2024: The Malaysia Digital Content Festival (MYDCF) Biz Day 2024 brought together key players in animation, digital games, XR, the metaverse, and creative technology. Over three action-packed days, the event featured insightful workshops, business meetings, and international collaborations, positioning Malaysia as a regional digital creative hub. 

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Officiated by YB Tuan Gobind Singh Deo, Minister of Digital, and YB Tuan Syed Ibrahim Syed Noh, Chairman of MDEC, the MYDCF Biz Day 2024 highlighted Malaysia&rsquo;s ambition to become a leading regional digital creative hub by 2030. The event attracted over 1,000 participants from countries including Malaysia, South Korea, India, China, Japan, Iran, Singapore, Thailand, and the Philippines, and featured more than 100 speakers from North America, Europe, Australia, and the region. It served as a vibrant platform for fostering collaboration and driving innovation in the digital creative industry.

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A significant highlight of MYDCF Biz Day 2024 was the SEA Awards 2024, a prestigious event that recognised the best digital content creators across Southeast Asia. The SEA Awards celebrated excellence in animation, digital content, and gaming, demonstrating the immense potential of the region&rsquo;s digital creative industries.

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This year&rsquo;s awards saw over 300 submissions from more than 10 countries, showcasing the talent and diversity of the Southeast Asian digital creative ecosystem. The awards provided a platform for creators to gain international recognition, solidifying Malaysia&rsquo;s leadership in the sector.

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The SEA Awards 2024 encompassed three key categories:

<ol>
	<li style="text-align:justify">SEA Game Awards &ndash; With 107 submissions from over 10 countries, the SEA Game Awards will honour the best in Southeast Asian gaming across 13 awards. One of the standout winners was Toge Productions from Indonesia, which secured two awards, Best Audio Design and Best Game Design.</li>
	<li style="text-align:justify">SEA Kre8tif! Awards&mdash;This category received 147 regional submissions, with nine awards celebrating achievements in animation and creative content. Notable winners included Rawr Pictures, whose &nbsp;&nbsp;project The Muralz&mdash;Year of the Flying Dragon, swept multiple categories, including Best Audio Design and Best Animation Motion Graphics. </li>
	<li style="text-align:justify">26th DigiCon6 Asia Malaysia Circuit&mdash;This year&rsquo;s competition received 49 submissions, with three awards recognising Malaysian creators for their exceptional storytelling and creativity.</li>
</ol>

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Organised by Tokyo Broadcasting System Holdings, Inc. (TBS Japan), the DigiCon6 ASIA Awards is an annual digital content competition in Asia.

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As a regional partner, MDEC has been organising DigiCon6 ASIA Awards&mdash;Malaysia for several years, identifying and supporting potential creative talents in Malaysia by promoting and recognising their digital content creations. 

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Through MYDCF Biz Day 2024, MDEC and its strategic partners are excited to continue driving the digital creative industry forward, fostering new opportunities for talent across Southeast Asia. With the support from industry leaders and the Ministry of Digital, Malaysia is poised to remain at the forefront of digital content creation and innovation in the region.

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The SEA Awards 2024 honoured a total of 31 winners across the three categories, celebrating the best of Southeast Asia&rsquo;s digital artistry. 

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Issued by:

Corporate Communications Division 

Malaysia Digital Economy Corporation (MDEC)

MYDCF BIZ DAY 2024: CELEBRATING SOUTHEAST ASIA’S DIGITAL CREATIVE TALENT

TOKYO, JAPAN 26 September 2024 &ndash; The Malaysia Digital Economy Corporation (MDEC), in partnership with the Malaysia External Trade Development Corporation (MATRADE), proudly launched the Malaysia Pavilion at the prestigious Tokyo Game Show 2024 (TGS 2024) today. This marks MDEC&#39;s eighth consecutive year participating in the globally renowned gaming event, further underscoring Malaysia&rsquo;s commitment to becoming a leader in the digital and gaming industry.

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The Malaysia Pavilion serves as a platform for 10 leading Malaysian gaming companies to showcase their innovative offerings to the global market, including opportunities for collaboration with international game developers, content creators, and technology companies. A total of 985 companies around the world are showcasing their gaming products and services throughout the four (4) day event from 26 to 29 September 2024. 

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Some of the key activities at the Malaysia Pavilion include high level meetings, business matching and networking with Japanese game publishers and tech incubators namely Bandai Namco studio, Nintendo, IMDA Singapore and many more.

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Present at the launch were His Excellency Dato&rsquo; Shahril Effendi Abd Ghany, Ambassador of Malaysia to Japan, Datuk Fadzli Abdul Wahit, MDEC Head of Digital Transformation Division, and Mr. Zuaziezie Zulkefli, Trade Commissioner of MATRADE Tokyo, as well as key representatives from the Malaysian tech and digital community. Their presence reflects the strong government support for initiatives that drive Malaysia&rsquo;s digital economy forward.

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The global digital content and gaming market is projected to generate USD 187.7 billion in 2024, marking a 2.1% increase from the previous year, according to Newzoo Global Games Market Report. Amid this, the outlook for Malaysia&#39;s digital content exports, especially in gaming, to Japan in 2024 shows great potential. With the support from MDEC and MATRADE and the commitment to expanding Malaysia&rsquo;s footprint in global markets, particularly in Japan, Malaysian developers and animation studios are gaining more international recognition.&nbsp; 

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His Excellency Dato&rsquo; Shahril Effendi Abd Ghany, Ambassador of Malaysia to Japan said, &quot;Japan is a global leader in the gaming industry, and by fostering partnerships with Japanese companies, Malaysia can enhance its capabilities and position itself as a regional hub for creative technology. These collaborations not only enhance our technical capabilities but also position Malaysia as a hub for creativity, talent, and investment in the gaming sector.&quot;

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Mr. Zuaziezie Zulkefli, Trade Commissioner of MATRADE Tokyo in his speech mentioned the collaboration with MDEC and MATRADE involvement in this TGS aligns with the government&rsquo;s focus on the gaming and digital content industry, a priority sector under the National Industrial Master Plan (NIMP) 2030.

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Datuk Fadzli Abdul Wahit, Head of Digital Transformation at MDEC said, &quot;Through events like TGS 2024, we are reinforcing Malaysia&rsquo;s commitment to being at the forefront of digital content and gaming development. By strengthening international ties, we are building a future where Malaysian talent and creativity are recognised worldwide. This aligns with MDEC broader vision: ensuring that Malaysia remains a leader in the digital economy while providing our local companies with the resources and platforms they need to succeed.&quot;

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For more information, please contact:

Ms. Sonoko Yasue

MATRADE Tokyo

Tel&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; :&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +8190-1657-8233

Email&nbsp; :&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; tokyo@matrade.gov.my

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About MDEC 

The Malaysia Digital Economy Corporation (MDEC) was established in 1996 to spearhead the country&rsquo;s digital economy. 

MDEC launched Malaysia Digital (MD), a national strategic initiative aimed at addressing current key challenges in the digital landscape for a robust and agile digital economy. 

As an agency under the Ministry of Digital, MDEC drives the digital economy through industry development, trade facilitation and policy advocacy.

Please visit our website at <a href="http://www.mdec.my" style="color:#0563c1; text-decoration:underline">www.mdec.my</a> 
&nbsp;

About MATRADE

The Malaysia External Trade Development Corporation (MATRADE) was established on March 1, 1993 as the external trade promotion arm of Malaysia&#39;s Ministry of Investment, Trade and Industry (MITI). MATRADE&rsquo;s primary role is to assist Malaysian exporters in developing and expanding their export markets. Aligned with Malaysia&#39;s commercial diplomacy efforts, MATRADE is the nation&rsquo;s trade facilitator and champion of Malaysian-made products and services on the global stage.

MDEC AND MATRADE LAUNCHES MALAYSIA PAVILION AT THE TOKYO GAME SHOW 2024

CYBERJAYA, 23 September 2024: The Malaysia Digital Economy Corporation (MDEC) has launched this year&rsquo;s Investor Matching Programme, a key initiative aimed at connecting tech startups with a vast network of investors. Since its inception in 2020, the programme has successfully facilitated over USD 300 million in capital matching, significantly supporting the growth of Malaysia&#39;s digital economy.

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Aligned with the Malaysia Digital national strategic initiative, the programme is designed to create a more accessible investment landscape, simplifying capital access for startups, driving innovation, and contributing to the nation&#39;s digital transformation goals. Through the Investor Matching Programme, startups are strategically paired with investors based on specific criteria, such as investment amount and industry focus, ensuring tailored and effective partnerships. Beyond investment opportunities, the programme provides valuable mentorship from experienced investors, accelerating the growth of participating startups.

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In the past year, the programme received funding requests totalling USD 171 million from 178 companies, successfully matching 107 startups with over 70 investors, achieving a success rate of 60%. This year, over 80 institutional investors and venture capitalists have joined the programme, further strengthening the funding ecosystem. Venture capital continues to be a crucial driver in the startup ecosystem, providing essential funding to help tech companies scale and succeed.

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The Investor Matching Programme is supported by prominent funds managing billions in assets, including Vertex Ventures, Granite Asia, 500 SEA, Eurazeo, Nordstar, Gobi Partners and many others. Tech companies seeking investment can now apply to join the programme and access these valuable resources. For more information and to apply, visit <a href="https://mdec.my/investor-matching-programme" style="color:#0563c1; text-decoration:underline">mdec.my/investor-matching-programme</a>. 

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Issued by:

Corporate Communications Division 

Malaysia Digital Economy Corporation (MDEC)

MDEC FUNDING FACILITATION OPENS GATEWAY TO CAPITAL THROUGH INVESTOR MATCHING PROGRAMME

TEMERLOH, PAHANG - 21 SEPTEMBER 2024 - Perbadanan Ekonomi Digital Malaysia (MDEC), agensi peneraju ekonomi digital negara di bawah Kementerian Digital (KD), hari ini menganjurkan siri ke-19 program Jelajah Saya Digital (JSD) bagi tahun 2024, bertempat di Semantan Walk, Bandar Sri Semantan, Temerloh. Program kali ini dianjurkan bersama Pahang Go Sdn Bhd sebagai Rakan Pelaksana untuk penganjuran JSD di negeri Pahang. Program dua hari ini berlangsung dari 21 hingga 22 September dan dijangka menarik kira-kira 2,000 pengunjung.

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Seiring dengan hasrat Kementerian Digital yang memfokuskan kepada tiga teras utama iaitu Kerajaan Digital, Ekonomi Digital dan Masyarakat Digital, JSD adalah kesinambungan daripada Kempen Saya Digital yang diperkenalkan pada tahun 2020. Ia &nbsp;bertujuan untuk membantu meningkatkan kemahiran digital rakyat Malaysia dalam mendepani cabaran ekonomi digital. 

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Inisiatif ini merupakan salah satu usaha kerajaan untuk memperkasakan rakyat dalam menangani kos sara hidup, sambil meningkatkan kesedaran tentang kepentingan teknologi digital dan penyelesaian gaya hidup pintar. Langkah ini juga selari dengan tonggak Pelan Digital Pahang 2021-2025, yang bertujuan menjadikan Pahang sebagai hab ekonomi dinamik melalui penggunaan teknologi digital, seterusnya menarik pelaburan bernilai tinggi dan menawarkan peluang pekerjaan berpendapatan tinggi, terutamanya kepada bakat muda tempatan.

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Program JSD menumpukan kepada empat teras utamanya iaitu Saya Digital Literasi, Saya Digital Bisnes, Saya Digital Freelance, dan Saya Digital Kerjaya di mana ia memberi manfaat kepada B40, graduan menganggur, warga emas, orang kelainan upaya (OKU), pelajar sekolah dan universiti, serta usahawan mikro, kecil, dan sederhana (PMKS). Dengan mengambil peluang yang ada, golongan sasaran ini dapat memainkan peranan penting dalam perkembangan ekonomi digital negara.

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Tahun ini, MDEC menyasarkan seramai 40,000 peserta akan menyertai program JSD di 31 lokasi. Setakat ini seramai 37,891 rakyat dari seluruh negara telah menyertainya acara secara fizikal dan atas talian malah mendapat manfaat daripadanya menerusi. Daripada jumlah itu, seramai 1,004 peserta adalah dari negeri Pahang.

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Menerusi JSD, MDEC juga telah melaksanakan beberapa program lain antaranya program eUsahawan dan MyDigitalMaker. Dalam program eUsahawan, seramai 564,629 pelajar Institusi Pengajian Tinggi (IPT), pelajar Pendidikan dan Latihan Teknikal dan Vokasional (TVET) dan usahawan di seluruh negara, dengan mencapai jualan terkumpul melebihi RM1.26 bilion. Dari jumlah itu, seramai 27,495 usahawan dari Pahang telah berjaya menjana jualan terkumpul melebihi RM46.61juta. Sementara itu, program MyDigitalMaker pula telah memberi impak kepada lebih 32,000 pelajar sekolah di seluruh negeri Pahang melalui penglibatan dalam aktiviti pembuatan digital.

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Pelbagai aktiviti menarik diadakan sepanjang program JSD @ Temerloh, termasuk sesi perkongsian Kesedaran Keselamatan Siber oleh PDRM. Bagi usahawan PMKS, terdapat demonstrasi praktikal seperti teknik pemasaran digital pantas dan cara menggunakan aplikasi TikTok untuk meningkatkan jangkauan serta hasil jualan. 

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Siaran langsung program e-Sukan kali ini turut menarik lebih 300 penyertaan, di samping pelbagai acara lain seperti pertandingan karaoke dan cabutan bertuah. Selaras dengan Pelan Digital Pahang yang menekankan kepentingan literasi digital, sesi perkongsian yang memberi tumpuan kepada warga emas mengenai tren Kecerdasan Buatan (AI) dan penggunaan aplikasi digital untuk memantau kesihatan juga menjadi tarikan utama di JSD kali ini. 

&nbsp;

JSD @ Temerloh telah dirasmikan oleh YB Tuan Syed Ibrahim Syed Noh, Pengerusi Perbadanan Ekonomi Digital Malaysia (MDEC bersama YBrs. Tuan Haji Suris Mihat, Yang Dipertua Majlis Perbandaran Temerloh.

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Rakan-rakan strategik MDEC yang terlibat dalam JSD @ Temerloh iaitu PahangGo Sdn Bhd, Pertubuhan Keselamatan Sosial (PERKESO), TM-Unifi Business, PDRM, MIMOS Berhad (MyDigital ID) dan MyDigitalMaker turut mengadakan sesi perkongsian masing-masing dalam program ini.

&nbsp;

Sila layari https:// mdec.my/sayadigital untuk mendaftar dan mendapatkan maklumat lanjut mengenai Jelajah Saya Digital.

&nbsp;

Dikeluarkan oleh:

Bahagian Komunikasi Korporat

Perbadanan Ekonomi Digital Malaysia (MDEC)

&nbsp;

-TAMAT-

MDEC TERUS PERKASA USAHAWAN DAN TINGKATKAN KUALITI HIDUP MASYARAKAT DIGITAL MENERUSI JSD @ TEMERLOH

MYDCF DAN KARNIVAL ANTARABANGSA MYDIGITALMAKER 2024: PERHIMPUNAN BAKAL WIRA TEKNOLOGI DAN KREATIVITI DIGITAL

KUALA LUMPUR, 12 SEPTEMBER 2024 &ndash; The Malaysia Digital Economy Corporation (MDEC), the nation&rsquo;s leading digital economy agency, successfully hosted the Malaysia Digital (MD) Tech Adoption Summit: Artificial Intelligence (AI) today, marking the first in a series of high-impact events aimed at accelerating AI adoption across industries. The summit, officially launched by YB Tuan Gobind Singh Deo, Minister of Digital and accompanied by YB Tuan Syed Ibrahim Syed Noh, Chairman of MDEC, reinforces MDEC&rsquo;s role as a critical enabler in Malaysia&rsquo;s journey towards becoming the digital hub of ASEAN.

&nbsp;

In alignment with the Malaysia Digital (MD) national strategic initiative, the summit serves as a catalyst for cross-industry collaboration, bringing together entrepreneurs, startups, industry leaders, policymakers, academics, and other key players in the digital economy. This event provides a vital platform for showcasing breakthrough AI innovations, fostering business connections, and promoting the widespread adoption of AI technologies across diverse sectors.

&nbsp;

As Malaysia continues its rapid digitalisation, AI adoption is key to unlocking the country&rsquo;s future potential. Emerging technologies, such as generative AI, are set to contribute USD 113.4 billion in productive capacity by 2030. From personalising customer experiences to optimising supply chains and improving decision-making, AI is positioned to bring transformative economic benefits to Malaysia, with experts forecasting it could contribute up to USD 1 trillion to the region&rsquo;s GDP by 2030. 
 
AI adoption promises a significant impact across all levels of the business ecosystem. SMEs stand to benefit from enhanced productivity, reduced operational costs, and access to cutting-edge AI tools, enabling them to stay competitive in a rapidly evolving market. Large enterprises can harness the power of AI to optimise large-scale operations, leveraging predictive analytics, automation, and AI-driven insights to enhance efficiency and growth.

&nbsp;

For tech providers, the summit offers a valuable platform to showcase their innovative solutions, enabling greater collaboration with businesses across industries and opening new market opportunities. Meanwhile, for the government, the summit further solidifies Malaysia&rsquo;s role as a facilitator of Industry 4.0 transformation, supporting the country&rsquo;s ambition to position itself as a global leader in the digital economy.

&nbsp;

The summit aligns with Malaysia&rsquo;s broader goals under the Malaysia Digital Economy Blueprint (MyDIGITAL), which seeks to transform the country into a digitally driven, high-income nation. With a focus on AI, the summit contributes directly to the goals of the Fourth Industrial Revolution (4IR), targeting a 30% increase in productivity through AI-driven solutions.

&nbsp;

The summit featured a keynote speech by Datin Ts. Habsah Nordin, Head of the Artificial Intelligence Centre of Excellence (AI CoE) at Petronas, and a panel discussion addressing opportunities and challenges in AI adoption across industries.

&nbsp;

Attendees participated in networking sessions, workshops, and business matching opportunities, where select AI companies presented their cutting-edge solutions, driving collaboration and innovation.

&nbsp;

MDEC remains committed to fostering growth through its diverse initiatives, providing incentives, governance frameworks, and strategic support to ensure the continued advancement of Malaysia&rsquo;s digital economy.

&nbsp;

-END-

​​​​​​​

Issued by:

Corporate Communications Division

Malaysia Digital Economy Corporation (MDEC)

MDEC LAUNCHES AI SUMMIT TO ACCELERATE BUSINESS TECH ADOPTION AND DRIVE INDUSTRY 4.0 TRANSFORMATION

CYBERJAYA, 9 September 2024: The Malaysia Digital Economy Corporation (MDEC), an agency under the purview of the Ministry of Digital Malaysia, has announced the opening of applications for three key grants: the Digital Content Grant (DCG) for 2024/2025, the Malaysia Digital Catalyst Grant (MDCG), and the Malaysia Digital Export Grant (MDXG). These grants, available from 9 September 2024, are part of the MADANI government&#39;s ongoing commitment to enhance Malaysia&#39;s digital economy.

&nbsp;

Digital Content Grant (DCG) 2024/2025

Since 2016, the DCG has been instrumental in supporting Malaysian creative content companies, enabling the development, production, and commercialisation of digital content across various sectors, including animation, digital games, digital comics, and creative technology. 

&nbsp;

The DCG 2024/2025 consists of three (3) types of different grants aimed at various digital content producers:

&nbsp;

<ol style="list-style-type:lower-roman">
	<li>Mini Grant: This grant is aimed to support the development, production, and commercialisation of digital content products with a ceiling amount of RM150,000.00 per grant recipient. 
	&nbsp;</li>
	<li>Prime Grant: This grant supports the development, production, and commercialisation of digital content products, with a ceiling amount of RM500,000.00 per grant recipient. 
	&nbsp;</li>
	<li>Marketing &amp; Commercialisation Grant: This grant supports commercialising digital content products, with a ceiling amount of RM300,000.00 per grant recipient. </li>
</ol>

&nbsp;

Eligible applicants for the Mini Grant include local digital content companies, enterprises, sole proprietorships, partnerships, and limited liability partnerships. Prime and Marketing &amp; Commercialisation Grants are available for any local company incorporated in Malaysia with a minimum of 51% Malaysian, issued share capital of RM20,000.00 and with the Malaysia Digital (MD) Status and/or the Multimedia Super Corridor (MSC) Status. Details of the full eligibility criteria can be found on the website: <a href="https://mdec.my/grants/dcg" style="color:#467886; text-decoration:underline">https://mdec.my/grants/dcg</a>.

&nbsp;

Malaysia Digital Catalyst Grant (MDCG)

The MDCG offers up to RM1 million or 50% of project costs, whichever is lower, to drive innovation in Malaysia&rsquo;s digital sector. Focused on fostering scalable, high-impact solutions, the grant supports projects within the Malaysia Digital (MD) Promoted Sectors for up to one year. 

&nbsp;

Since 2021, MDCG has been awarded to 59 companies, leading to advancements such as a cloud-based defect management system and a manufacturing resource plan that boosted Small and Medium Enterprises (SME) operations. These projects highlight digital innovation&rsquo;s transformative impact on Malaysia&rsquo;s digital champions.

&nbsp;

Malaysia Digital Export Grant (MDXG) 

The MDXG, which also offers up to RM1 million or 50% of project costs, supports Malaysian companies poised for global expansion through high-value technological activities. With a project duration of up to one year, MDXG has facilitated international growth, including promoting a local homegrown company with blockchain-based electric vehicle app across Southeast Asia and deploying 5G network-powered IoT solutions for ATM protection in global markets.

&nbsp;

MDCG and MDXG are exclusively available to local or foreign-owned companies with the MD status. Companies that have yet to attain MD status are encouraged to apply, as this recognition opens the door to numerous strategic advantages. By securing MD status, companies gain prioritised access to MDEC&rsquo;s comprehensive support network, greater visibility within the digital economy, and valuable opportunities for collaboration and growth within Malaysia&rsquo;s forward-looking digital ecosystem.

&nbsp;

To provide further information. MDEC will host two briefing sessions for the DCG on 11 and 24 September 2024, and three sessions for the MDCG and MDXG on 12 and 18 September, and the last one on 2 October 2024.

&nbsp;

Applications will open on 9 September 2024 and will remain open until the funds are fully committed. Interested parties can submit their applications online at &nbsp;<a href="https://malaysiadigital.mdec.my/" style="color:#467886; text-decoration:underline">https://malaysiadigital.mdec.my/</a>.

&nbsp;

-END-​​​​​​​

&nbsp;

Issued by:

Corporate Communications Division 

Malaysia Digital Economy Corporation (MDEC)

MDEC OPENS APPLICATION FOR 2024 DIGITAL GRANTS

CYBERJAYA, 28 August 2024: The Malaysia Digital Economy Corporation (MDEC) today announced the completion of Datuk Ts. Mahadhir Aziz&rsquo;s successful three-year tenure as CEO, concluding on 31 August 2024. As Datuk Mahadhir transitions to new challenges and opportunities, his departure paves the way for future transformation at MDEC, building on the strong foundation of the transformative era he led.

Since assuming the role in September 2021, Datuk Mahadhir has played a pivotal role in solidifying MDEC&#39;s position as a leader in Malaysia&#39;s digital ecosystem and expanding its reach into new and emerging markets. Under his leadership, MDEC achieved significant milestones, including securing over RM 170 billion in digital investments and creating more than 85,000 technology jobs. He was also instrumental in transforming the MSC initiative into Malaysia Digital (MD), driving strategic digital investments, and launching key national programmes such as the digital nomad visa. His tenure saw MDEC surpass key targets, including the adoption of e-Commerce by over 1.5 million MSMEs and recording RM144 billion in digitalisation investments.

As Datuk Mahadhir steps down to pursue new opportunities, MDEC remains focused on maintaining its strategic direction. A Management Council has been established to oversee the CEO&rsquo;s responsibilities during the interim period until a new CEO is appointed.

The Board and Management ensure a smooth transition to the new leadership. The Board extends its deepest gratitude to Datuk Mahadhir for his leadership, dedication, and significant contributions to MDEC. The entire organisation wishes him the very best in his future endeavours and looks forward to his continued success.

Datuk Ts. Mahadhir Aziz to Depart After Successful Three-Year Tenure, Embarking on New Challenges

KUALA TERENGGANU, 26 August 2024: The Malaysia Digital Economy Corporation (MDEC) proudly introduces the DE Rantau@Terengganu, the latest destination for digital nomads seeking tranquillity and cultural richness in Malaysia. Nestled on the eastern coast of Peninsular Malaysia, Terengganu offers a unique blend of serene beaches, rich cultural heritage, and natural beauty, making it the perfect escape for digital nomads seeking to rejuvenate.

&nbsp;

The launch at Kampung Budaya Terengganu was officiated by YB Datuk Razali Idris, the Terengganu State Executive Council for Tourism, Culture, and Environment, representing YAB Terengganu Menteri Besar Datuk Seri Dr Ahmad Samsuri Mokhtar, alongside the Secretary General of the Ministry of Digital, YBhg. Tuan Fabian Bigar and YB Tuan Syed Ibrahim Syed Noh, Chairman of MDEC. Terengganu joins five other DE Rantau locations launched in 2022: Penang, Langkawi, Melaka, Kuala Lumpur, and Perak.

&nbsp;

The DE Rantau programme aims to position Malaysia as Southeast Asia&#39;s preferred digital nomad destination whilst driving digital adoption and tourism nationwide. Since its introduction in 2022, the DE Rantau Nomad Pass, an immigration facility created specifically for foreign digital nomads, has also been improved. It is now accessible to non-tech professionals, enabling a broader range of global talents to experience working remotely from Malaysia.

&nbsp;

Additionally, the requirement for submitting a Bank Guarantee for citizens of China and Bangladesh has been replaced with the option of either a security bond or a personal bond. This adjustment reflects MDEC&#39;s commitment to making Malaysia more accessible and welcoming to global digital nomads. The DE Rantau Nomad Pass has received over 3,500 applications, with 1,741 applications approved.

&nbsp;

The programme also offers a vibrant ecosystem with 2,183 DE Rantau Hubs, which are accommodations certified by MDEC for their strategic and safe locations, high-speed broadband connectivity, and work-friendly amenities. Furthermore, MDEC has partnered with 16 DE Rantau Ecosystem Partners in various sectors such as transport, tourism, cashless services, healthcare, insurance, and co-working spaces.

&nbsp;

The DE Rantau@Terengganu launch was made special with a Familiarisation Trip (Fam Trip) organised by the Terengganu State Tourism Department and MDEC. Over three days and two nights, forty local and foreign digital nomads and their family members will be taken to several major tourist spots, including the Terengganu Drawbridge, the Terengganu River Cruise, Kapas Island, the Crystal Mosque, Payang Market, and other significant attractions in Kuala Terengganu.

&nbsp;

MDEC remains committed to creating destinations where digital nomads can thrive, recharge, and find new inspirations while living in Malaysia. The growing DE Rantau digital nomad community, actively participating in events and programmes organised by MDEC and its ecosystem partners, underscores DE Rantau&rsquo;s effectiveness and Malaysia&#39;s appeal as a digital nomad destination.

&nbsp;

For more information and to apply for the DE Rantau Nomad Pass, please visit www.mdec.my/derantau.

&nbsp;

-END-

&nbsp;

Issued by: 
Corporate Communications Division 
Malaysia Digital Economy Corporation (MDEC)

DE RANTAU UNVEILS TERENGGANU AS THE COASTAL PARADISE FOR DIGITAL NOMADS SEEKING TRANQUILITY AND CULTURAL RICHNESS

KUALA TERENGGANU, 26 August 2024 &ndash; The Malaysian Digital Economy Corporation (MDEC), the lead agency in digital economy development, today officiated its satellite office in Kuala Terengganu, located at the TD1303 building, Jalan Sultan Zainal Abidin, Kampung Ladang Tok Pelam, 20000 Kuala Terengganu.

&nbsp;

The ceremony was graced by the MDEC Chairman, YB Tuan Syed Ibrahim Syed Noh, together with YB Haji Mohd Nurkhuzaini bin Ab Rahman, Chairman of the State Digital Economy, New Income, Trade, Industry and Green Technology Committee, who also chairs TD1303. Also present was the TD1303 General Manager, YBrs. Tuan Ezree Esmadee. 

&nbsp;

The opening of this satellite office marks MDEC&#39;s commitment to strengthening its presence on the East Coast and ensuring that all Malaysians can enjoy the benefits of the digital economy. Furthermore, with this office in place, MDEC is now more strategically positioned to support and drive digital economic growth on the East Coast.

&nbsp;

MDEC&#39;s presence in Kuala Terengganu brings the agency closer to the local community, enabling MDEC to understand better and address the challenges the local community faces. The opening of this satellite office is a significant achievement for MDEC. It reflects the joint efforts of the Terengganu State Government to build a brighter and more inclusive digital future for Malaysia.

&nbsp;

-END-

&nbsp;

Issued by:

Corporate Communications Division

Malaysian Digital Economy Corporation (MDEC)

MDEC LAUNCHES SATELLITE OFFICE IN KUALA TERENGGANU

MDEC UNVEILS HORIZON 2023/2024: AN ESSENTIAL PUBLICATION ON MALAYSIA’S DIGITAL ECONOMY

MDEC BOOSTS MALAYSIAN - THAI TECH COLLABORATION WITH DEX CONNEX THAILAND 2024 COMEBACK

MENINGKATKAN DAYA SAING DIGITALISASI MELALUI JELAJAH SAYA DIGITAL

JOHOR BAHRU, 27 Julai 2024 - Perbadanan Ekonomi Digital Malaysia (MDEC), agensi peneraju ekonomi digital negara di bawah seliaan Kementerian Digital (KD), hari ini menganjurkan siri program Jelajah Saya Digital (JSD) bertempat di Angsana Mall, Johor Bahru, Johor, selama dua hari bermula 26 hingga 27 Julai dengan anggaran pengunjung seramai 2,000 orang. 

&nbsp;

Selaras dengan aspirasi kerajaan negeri menerusi Maju Johor 2030 yang memastikan ekonomi negeri berdaya tahan demi kemakmuran rakyat Johor antaranya dengan transfomasi terhadap inisiatif digital, program JSD bertepatan dalam membuka peluang kepada masyarakat tempatan untuk meningkatkan kemahiran digital mereka, di samping melahirkan lebih ramai generasi celik digital. 

&nbsp;

Kempen Saya Digital diperkenalkan pada akhir tahun 2020 bagi membantu meningkatkan kemahiran digital rakyat Malaysia dalam mendepani cabaran dunia digitalisasi. Inisiatif ini juga sebagai satu usaha dalam mendayaupayakan rakyat untuk menangani kos sara hidup melalui penggunaan platform digital.

&nbsp;

Melalui kempen ini juga, ianya dijangka dapat mewujudkan kesedaran rakyat tempatan tentang kepentingan teknologi digital dan penyelesaian gaya hidup pintar dengan memberi peluang sama rata kepada rakyat di kawasan bandar tanpa meninggalkan penduduk di luar bandar.

&nbsp;

JSD adalah sebuah inisiatif yang memberi tumpuan kepada empat teras utama iaitu, Saya Digital Literasi, Saya Digital Bisnes, Saya Digital Freelance, dan Saya Digital Kerjaya yang memberi manfaat kepada golongan sasar iaitu B40, graduan menganggur, warga emas, orang kelainan upaya, pelajar sekolah, serta universiti termasuk usahawan mikro, kecil, dan sederhana. 

&nbsp;

Beberapa program disediakan oleh MDEC menerusi program JSD. Antaranya adalah program eUsahawan dan MyDigitalMaker. Melalui program eUsahawan ini MDEC berjaya melatih seramai 564,629 pelajar Institusi Pengajian Tinggi (IPT), pelajar Pendidikan dan Latihan Teknikal dan Vokasional (TVET) dan usahawan di seluruh negara dengan menjana jualan terkumpul melebihi RM1.26 bilion. 

 
Setakat Jun 2024, program JSD ini telah menjelajahi ke 68 lokasi dan berjaya melatih seramai 27,154 peserta dari seluruh negara, sejak diperkenalkan pada akhir 2020 dan bagi tahun ini juga MDEC menyasarkan seramai 40,000 peserta untuk menyertai program JSD di 31 lokasi.

&nbsp;

Antara aktiviti menarik yang dijalankan termasuk sesi perkongsian oleh MDEC dan rakan strategik, klinik literasi digital dan siber, sesi latihan, gerai pameran, serta aktiviti menarik lain seperti cabutan bertuah, dan pertandingan eSports. Hadirin turut menerima manfaat dari sesi perkongsian mengenai aplikasi robotik dan teknologi AI di dalam pendidikan serta tips keselamatan untuk mengelakkan penipuan di alam siber.

&nbsp;

Acara JSD @ Johor Bahru telah dirasmikan bersama oleh YB Tuan Aznan Bin Tamin, Pengerusi Jawatankuasa Pendidikan dan Penerangan Negeri Johor dan YB Tuan Syed Ibrahim Syed Noh, Pengerusi Perbadanan Ekonomi Digital Malaysia (MDEC).

&nbsp;

Rakan-rakan strategik MDEC untuk JSD @ Johor Bahru iaitu Pertubuhan Keselamatan Sosial (PERKESO), TM-Unifi Business dan PDRM yang turut sama mengadakan sesi perkongsian dalam acara ini.

&nbsp;

Untuk maklumat lanjut dan untuk menyertai siri Jelajah Saya Digital, sila layari <a href="https://mdec.my/sayadigital">https://mdec.my/sayadigital </a>

&nbsp;

Dikeluarkan oleh:

Bahagian Komunikasi Korporat

Perbadanan Ekonomi Digital Malaysia (MDEC)

JELAJAH SAYA DIGITAL @ JOHOR BAHRU MENYANTUNI WARGA JOHOR BAGI MELAHIRKAN GENERASI CELIK DIGITAL

TRANSFORMING MALAYSIA’S TOURISM: MDEC UNLEASHES INNOVATION THROUGH THE DIGITAL TOURISM INNOVATION LAB

KUALA LUMPUR, 16 JULY 2024 &ndash; The Malaysia Digital Economy Corporation (MDEC), the nation&rsquo;s lead digital economy agency and the Peppol Authority in Malaysia, launched the inaugural National e-Invoicing Open Day &amp; Accreditation Ceremony, marking a significant milestone towards digitalising business processes. 

&nbsp;

Officiated by Yang Berhormat Tuan Gobind Singh Deo, Minister of Digital, this landmark event by MDEC aims to empower businesses by facilitating the adoption of e-Invoicing solutions, after having championed the e-Invoicing initiative to accelerate the nation&rsquo;s digital transformation since 2020. It serves as a platform for businesses to explore and consult with various e-Invoicing solution providers, helping them identify the most suitable solutions to streamline operations and enhance efficiency.

&nbsp;

The ceremony also honoured the very first cohort of 31 Malaysia Peppol Service Providers (SP) and four Peppol-Ready Solution Providers (PRSP). These accredited e-Invoicing service providers creates a pool of trusted partners for businesses, allowing them to explore various e-Invoicing solutions that streamline both system-to-system e-Invoice exchange and ensure compliance with tax regulations. 

&nbsp;

Peppol SPs are access points that function as the gateway to the Peppol network, securely connecting businesses and routing e-Invoices to the intended recipients. PRSPs, on the other hand, is an accounting software, ERP system or e-Invoice platforms that can send and receive e-Invoice in Peppol format that connects with the Peppol network through an access point.

&nbsp;

Last year, Malaysia became the 21st Peppol Authority, and as of April 2024, OpenPeppol ranked Malaysia in the Top 10 for the number of Peppol members. This achievement highlights the strong interest in e-Invoicing adoption by businesses in Malaysia, driven by the mandate for tax compliance. The Peppol framework, the most widely implemented e-Invoicing framework globally, consists of technical specifications that enable systematic interoperability between disparate systems, facilitating seamless e-Invoice exchange. The accreditation ceremony is the start for the Peppol community with the SP and PRSP.

&nbsp;

&ldquo;As the designated Peppol Authority in Malaysia, MDEC is actively accrediting organisations to facilitate their operations within the country. As of June 2024, MDEC has received over 150 applications for SP and PRSP accreditation. This initiative, formalised by the accreditation ceremony, forms the foundation of Malaysia&#39;s e-Invoicing community, leveraging the Peppol framework.&rdquo; said Ts. Mahadhir Aziz, Chief Executive Officer of MDEC.&nbsp; 

&nbsp;

With the digital economy GDP projected to reach 25.5% by 2025, this initiative is poised to bolster this growth, benefiting businesses of all sizes. The adoption of e-Invoicing is also projected to boost tax revenue contribution to between <a href="https://theedgemalaysia.com/node/704748">14% and 15%</a> of GDP once fully implemented across all businesses by 1 July 2025.

&nbsp;

MDEC&rsquo;s National e-Invoicing Initiative to digitalise the business operations using Peppol framework is an initiative under several national-level blueprints, namely the 12th Malaysia Plan (RMK12), the MyDigital Blueprint and the National eCommerce Strategic Roadmap (NESR) 2.0. 

&nbsp;

As Malaysia advances towards a digital economy, the adoption of e-Invoicing is a crucial step. This initiative helps businesses streamline operations and boost efficiency, driving economic growth and increasing tax revenue. 

&nbsp;

-END-

&nbsp;

Issued by:

Corporate Communications Division

Malaysia Digital Economy Corporation (MDEC)

MDEC’s NATIONAL E-INVOICING OPEN DAY PAVES THE WAY FOR SEAMLESS BUSINESS INTEGRATION

KUALA LUMPUR, 2 July 2024 &ndash; The Malaysia Digital Economy Corporation (MDEC) today hosted the Malaysia Digital (MD) Open Day, a significant event highlighting the strategic direction and recent achievements aimed at spurring Malaysia&rsquo;s digital transformation. Key initiatives include the MD Tax Incentive, the streamlined Foreign Knowledge Worker (FKW) process, and the National e-Invoicing (NEI) initiative, all designed to support businesses and bolster Malaysia&rsquo;s economic growth.

&nbsp;

The MD Open Day celebrated the achievements of over 5,400 awarded MD companies, reflecting MDEC&rsquo;s role in fostering a thriving digital community. These companies have collectively contributed to RM485 billion in cumulative investment and generated more than 223,000 jobs as of December 2022. This robust performance underscores Malaysia&rsquo;s growing influence, ensuring continued competitiveness on the global digital stage.

&nbsp;

MDEC promotes innovation and growth through initiatives aimed at improving business flexibility and efficiency. Companies can benefit from MD status independently of tax incentive that warrant higher commitments, hence promoting inclusivity. This flexibility allows companies to operate from any location in Malaysia, supporting diverse and dynamic business environment.

&nbsp;

The newly introduced MD Tax Incentive scheme reflects Malaysia&rsquo;s dedication to fostering local tech champions and attracting high-value digital investments. This scheme offers flexible, outcome-based incentives, including reductions in corporate tax rates and investment tax allowances, to stimulate growth in the digital economy. &ldquo;Our innovative tax incentive aligns with international best practices and addresses the current economic landscape, further showcasing our commitment to leading the digital revolution and reinforcing Malaysia&rsquo;s position as the digital hub of ASEAN,&rdquo; stated Ts. Mahadhir Aziz, CEO of MDEC.

&nbsp;

Significant improvements in the FKW process were also unveiled, reducing approval timelines from 21 working days to just up to seven (7) working days from the complete submission. This demonstrates MDEC&rsquo;s commitment to enhancing operational efficiency and rapidly onboarding global talent, crucial for accelerating digital initiatives and building a competitive, dynamic digital workforce.

&nbsp;

To further expedite business operations, MDEC has streamlined the MD application process, significantly reducing the processing time from 30 working days to just 14 working days from the complete submission. This improvement enables companies to quickly obtain MD status, access various incentives and resources, and support faster business growth and development within the digital economy.

&nbsp;

Interoperable e-Invoicing based on the Peppol framework was also showcased, highlighting how standardised data exchange can streamline operations, enhance efficiency, and ensure tax compliance for businesses. This aligns with global standards, facilitating seamless cross-border transactions. Businesses can learn more about the benefits of e-invoicing and how to operationalise it at the National e-Invoicing Open Day on 16 July 2024 at M Resort &amp; Hotel Kuala Lumpur.

&nbsp;

Additionally, MDEC has many exciting events lined up and one of them is Malaysia Digital Expo (MDX) 2024, a significant nationwide event dedicated to celebrating Malaysia&#39;s digital economy. This expo is designed to foster industry collaboration, promote technological adoption, and showcase Malaysia&rsquo;s advancements on both the local and international stages.

&nbsp;

The MD Open Day offered a snapshot into MDEC&rsquo;s mission to drive digital innovation and growth. MDEC remains committed to supporting the digital industry with an inclusive, flexible, and efficient approach, ensuring Malaysia continues to lead in the digital revolution. Attendees also benefited from expert insights on how these businesses can contribute to the nation&#39;s digital success.

&nbsp;

For more information on the MD initiative and how MDEC can support your business, visit our official website at https://mdec.my/malaysiadigital.

&nbsp;

-END-

&nbsp;

Issued by: 
Corporate Communication Division 
Malaysia Digital Economy Corporation (MDEC)

&nbsp;

KUALA LUMPUR, 2 July 2024 &ndash; The Malaysia Digital Economy Corporation (MDEC) today hosted the Malaysia Digital (MD) Open Day, a significant event highlighting the strategic direction and recent achievements aimed at spurring Malaysia&rsquo;s digital transformation. Key initiatives include the MD Tax Incentive, the streamlined Foreign Knowledge Worker (FKW) process, and the National e-Invoicing (NEI) initiative, all designed to support businesses and bolster Malaysia&rsquo;s economic growth.

&nbsp;

The MD Open Day celebrated the achievements of over 5,400 awarded MD companies, reflecting MDEC&rsquo;s role in fostering a thriving digital community. These companies have collectively contributed to RM485 billion in cumulative investment and generated more than 223,000 jobs as of December 2022. This robust performance underscores Malaysia&rsquo;s growing influence, ensuring continued competitiveness on the global digital stage.

&nbsp;

MDEC promotes innovation and growth through initiatives aimed at improving business flexibility and efficiency. Companies can benefit from MD status independently of tax incentive that warrant higher commitments, hence promoting inclusivity. This flexibility allows companies to operate from any location in Malaysia, supporting diverse and dynamic business environment.

&nbsp;

The newly introduced MD Tax Incentive scheme reflects Malaysia&rsquo;s dedication to fostering local tech champions and attracting high-value digital investments. This scheme offers flexible, outcome-based incentives, including reductions in corporate tax rates and investment tax allowances, to stimulate growth in the digital economy. &ldquo;Our innovative tax incentive aligns with international best practices and addresses the current economic landscape, further showcasing our commitment to leading the digital revolution and reinforcing Malaysia&rsquo;s position as the digital hub of ASEAN,&rdquo; stated Ts. Mahadhir Aziz, CEO of MDEC.

&nbsp;

Significant improvements in the FKW process were also unveiled, reducing approval timelines from 21 working days to just up to seven (7) working days from the complete submission. This demonstrates MDEC&rsquo;s commitment to enhancing operational efficiency and rapidly onboarding global talent, crucial for accelerating digital initiatives and building a competitive, dynamic digital workforce.

&nbsp;

To further expedite business operations, MDEC has streamlined the MD application process, significantly reducing the processing time from 30 working days to just 14 working days from the complete submission. This improvement enables companies to quickly obtain MD status, access various incentives and resources, and support faster business growth and development within the digital economy.

&nbsp;

Interoperable e-Invoicing based on the Peppol framework was also showcased, highlighting how standardised data exchange can streamline operations, enhance efficiency, and ensure tax compliance for businesses. This aligns with global standards, facilitating seamless cross-border transactions. Businesses can learn more about the benefits of e-invoicing and how to operationalise it at the National e-Invoicing Open Day on 16 July 2024 at M Resort &amp; Hotel Kuala Lumpur.

&nbsp;

Additionally, MDEC has many exciting events lined up and one of them is Malaysia Digital Expo (MDX) 2024, a significant nationwide event dedicated to celebrating Malaysia&#39;s digital economy. This expo is designed to foster industry collaboration, promote technological adoption, and showcase Malaysia&rsquo;s advancements on both the local and international stages.

&nbsp;

The MD Open Day offered a snapshot into MDEC&rsquo;s mission to drive digital innovation and growth. MDEC remains committed to supporting the digital industry with an inclusive, flexible, and efficient approach, ensuring Malaysia continues to lead in the digital revolution. Attendees also benefited from expert insights on how these businesses can contribute to the nation&#39;s digital success.

&nbsp;

For more information on the MD initiative and how MDEC can support your business, visit our official website at https://mdec.my/malaysiadigital.

&nbsp;

-END-

&nbsp;

Issued by: 
Corporate Communication Division 
Malaysia Digital Economy Corporation (MDEC)

​​​​​​​

MALAYSIA DIGITAL OPEN DAY 2024: ADVANCING MALAYSIA’S DIGITAL FUTURE

CYBERJAYA, 30 June 2024 &ndash; The Malaysia Digital Economy Corporation (MDEC),

established to spearhead the nation&#39;s digital economy, successfully concluded its 10th

year of participation at the prestigious Annecy International Animation Film Festival.

&nbsp;

This year, Malaysia&#39;s presence includes a delegation of 15 creative companies exhibiting

at the Malaysia Pavilion, among which are R&amp;D Studios and Metal Brain Studio, both

recognised as Malaysia Digital (MD) status companies and grant recipients from MDEC.

MDEC CEO, Ts. Mahadhir Aziz, commended the selection of the animated feature film

&quot;Batik Girl&quot;, developed by R&amp;D Studios, as one of eight projects chosen for the &quot;Meet the

Producer&quot; session.

&nbsp;

This marks a first for Malaysia, as the film was selected from thousands of submissions

worldwide, competing with producers from Hong Kong, Singapore, and various European

countries.

&nbsp;

Another Malaysian studio, Metal Brain, has achieved a significant reach with their IP &quot;Oko

Lele,&quot; garnering over 4 billion views and exceeding 6 million subscribers across more

than 20 YouTube channels.

&nbsp;

The studio is currently in the pipeline of producing a game for &quot;Oko Lele,&quot; with a projected

launch on Playstore platforms in Q3 or Q4 of this year.

&nbsp;

Also during the Annecy Festival, witnessed by Malaysia&#39;s Minister of Digital, YB Tuan

Gobind Singh Deo, MDEC signed a Memorandum of Understanding (MoU) with key

agencies namely Film Development Council of the Philippines (FDCP), Thai Animation

and Computer Graphic Association (TACGA) from Thailand, and Digital Content Creation

Alliance (DCCA) from Vietnam.

&nbsp;

The signing of this MoU marks a significant milestone in the nations&#39; shared commitment

to driving innovation and cultural expression within the Southeast Asian digital content

industry, ultimately elevating their presence on the global stage.

&nbsp;

The MoU further highlights the commitment to leverage on the region&#39;s rich talent pool of

artists, directors, writers and producers in the animation sector.

&nbsp;

Ts. Mahadhir Aziz further emphasised that through these initiatives, MDEC is actively

positioning Malaysia as the digital hub of ASEAN by fostering strong international

partnerships.

&nbsp;

&quot;We are taking a significant step forward in uniting Southeast Asia&#39;s vibrant digital

content industries. This collaboration will not only create new opportunities for our local

animation studios but also promote our rich Malaysian creativity on a global stage,&quot; he

stated.

&nbsp;

Renowned as a cornerstone of the animation industry, Annecy International Animation

Film Festival provides an ideal platform for Malaysian delegates and their Southeast

Asian counterparts to network, collaborate, and showcase their exceptional content to a

global audience.

&nbsp;

-END-

&nbsp;

Issued by:

Corporate Communications Division

Malaysia Digital Economy Corporation (MDEC)

CYBERJAYA, 30 June 2024 &ndash;The Malaysia Digital Economy Corporation (MDEC),

established to spearhead the nation&#39;s digital economy, successfully concluded its 10th

year of participation at the prestigious Annecy International Animation Film Festival.

&nbsp;

This year, Malaysia&#39;s presence includes a delegation of 15 creative companies exhibiting

at the Malaysia Pavilion, among which are R&amp;D Studios and Metal Brain Studio, both

recognised as Malaysia Digital (MD) status companies and grant recipients from MDEC.

MDEC CEO, Ts. Mahadhir Aziz, commended the selection of the animated feature film

&quot;Batik Girl&quot;, developed by R&amp;D Studios, as one of eight projects chosen for the &quot;Meet the

Producer&quot; session.

&nbsp;

This marks a first for Malaysia, as the film was selected from thousands of submissions

worldwide, competing with producers from Hong Kong, Singapore, and various European

countries.

&nbsp;

Another Malaysian studio, Metal Brain, has achieved a significant reach with their IP &quot;Oko

Lele,&quot; garnering over 4 billion views and exceeding 6 million subscribers across more

than 20 YouTube channels.

&nbsp;

The studio is currently in the pipeline of producing a game for &quot;Oko Lele,&quot; with a projected

launch on Playstore platforms in Q3 or Q4 of this year.

&nbsp;

Also during the Annecy Festival, witnessed by Malaysia&#39;s Minister of Digital, YB Tuan

Gobind Singh Deo, MDEC signed a Memorandum of Understanding (MoU) with key

agencies namely Film Development Council of the Philippines (FDCP), Thai Animation

and Computer Graphic Association (TACGA) from Thailand, and Digital Content Creation

Alliance (DCCA) from Vietnam.

&nbsp;

The signing of this MoU marks a significant milestone in the nations&#39; shared commitment

to driving innovation and cultural expression within the Southeast Asian digital content

industry, ultimately elevating their presence on the global stage.

&nbsp;

The MoU further highlights the commitment to leverage on the region&#39;s rich talent pool of

artists, directors, writers and producers in the animation sector.

&nbsp;

Ts. Mahadhir Aziz further emphasised that through these initiatives, MDEC is actively

positioning Malaysia as the digital hub of ASEAN by fostering strong international

partnerships.

&nbsp;

&quot;We are taking a significant step forward in uniting Southeast Asia&#39;s vibrant digital

content industries. This collaboration will not only create new opportunities for our local

animation studios but also promote our rich Malaysian creativity on a global stage,&quot; he

stated.

&nbsp;

Renowned as a cornerstone of the animation industry, Annecy International Animation

Film Festival provides an ideal platform for Malaysian delegates and their Southeast

Asian counterparts to network, collaborate, and showcase their exceptional content to a

global audience.

&nbsp;

-END-

&nbsp;

Issued by:

Corporate Communications Division

Malaysia Digital Economy Corporation (MDEC)

MDEC LEADS MALAYSIAN ANIMATION INDUSTRY PLAYERS AT THE ANNECY INTERNATIONAL ANIMATION FILM FESTIVAL

MDEC EXPANDS DE RANTAU PROGRAMME: NEW OPPORTUNITIES FOR GLOBAL DIGITAL NOMADS AND EXCITING PARTNERSHIPS

CYBERJAYA, 31 May 2024 &ndash; The Malaysia Digital Economy Corporation (MDEC), with the support of the Ministry of Digital (KD) and the Ministry of Finance (MOF), has introduced an innovative tax incentive scheme for Malaysia Digital (MD) companies.

&nbsp;

The initiative fulfils the Government&rsquo;s commitment under Budget 2024 to introduce outcome-based tax incentives designed to bolster the economy by catalysing investments in high-growth high-value sectors, fostering the creation of new economic clusters, and promoting environmental sustainability.

&nbsp;

The new MD tax incentive scheme offers a range of benefits for digital companies leveraging cutting-edge technologies such as artificial intelligence (AI), cybersecurity, blockchain, and advanced network connectivity. Eligible MD companies can benefit from competitive reduced corporate income tax rate on both intellectual property (IP) and non-IP incomes, alongside investment tax allowance (ITA) for capital-intensive services activities. The scheme&rsquo;s flexible structure allows companies to enjoy tax incentives based on their specified commitments, thereby fostering growth in high value activities, and rewarding performance.

&nbsp;

The scheme offers tax incentive for eligible companies in two categories, namely New Investment and Expansion. Companies under the New Investment category may enjoy reduced tax rate of 0% on IP income, and 5% or 10% on non-IP income for ten years. Meanwhile, companies under the Expansion category may enjoy 15% reduced tax rate for five years.

&nbsp;

Alternatively, companies under both categories can opt for ITA between 30% to 100% on capital expenditure for qualifying activities that can be offset against up to 100% of statutory income for five years.

&nbsp;

&ldquo;This MD tax incentive is a game-changer to cement Malaysia&rsquo;s position as the digital hub of ASEAN,&rdquo; says Ts. Mahadhir Aziz, CEO of MDEC. &ldquo;It aligns with current economic needs and international best practices, highlighting our commitment to leading the digital revolution. By attracting global talent and investment in high-growth sectors, we aim to create a thriving digital ecosystem, generate high-value jobs, boost R&amp;D activities, and integrate cutting-edge technologies locally.

&nbsp;

In alignment with YAB Prime Minister&rsquo;s call for Malaysia to become more investor-friendly and guided by the MADANI Economy framework, we are enhancing our processes to increase the ease of doing business, improve efficiency in processing digital investments, and eliminate unnecessary steps that complicate investment execution,&rdquo; he also added.

&nbsp;

Building on the success of the Multimedia Super Corridor (MSC) initiative, the new MD tax incentive scheme reinforces the country&#39;s commitment to developing local tech champions and attracting high-value digital investments. Since the inception of MSC in 1996, along with its accompanying Bill of Guarantees, the initiative has attracted RM485 billion in cumulative investments and created over 223,000 high-value jobs as of December 2022.

&nbsp;

As of 30 April 2024, the number of awarded MD companies has surpassed 5,000, underscoring the MD initiative&rsquo;s pivotal role in fostering digital innovation across diverse industries and supporting transformation plans outlined in both the MADANI Economy framework and the New Industrial Master Plan 2030 (NIMP 2030).

&nbsp;

Companies interested in the new MD tax incentive can apply now. Details are available on the official MDEC website at <a href="https://mdec.my/malaysiadigital/tax-incentive" style="color:#0563c1; text-decoration:underline">https://mdec.my/malaysiadigital/tax-incentive</a>.

&nbsp;

Issued by:

Corporate Communication Division

Malaysia Digital Economy Corporation (MDEC)

&nbsp;

&nbsp;

CYBERJAYA, 31 May 2024 &ndash; The Malaysia Digital Economy Corporation (MDEC), with the support of the Ministry of Digital (KD) and the Ministry of Finance (MOF), has introduced an innovative tax incentive scheme for Malaysia Digital (MD) companies.

&nbsp;

The initiative fulfils the Government&rsquo;s commitment under Budget 2024 to introduce outcome-based tax incentives designed to bolster the economy by catalysing investments in high-growth high-value sectors, fostering the creation of new economic clusters, and promoting environmental sustainability.

&nbsp;

The new MD tax incentive scheme offers a range of benefits for digital companies leveraging cutting-edge technologies such as artificial intelligence (AI), cybersecurity, blockchain, and advanced network connectivity. Eligible MD companies can benefit from competitive reduced corporate income tax rate on both intellectual property (IP) and non-IP incomes, alongside investment tax allowance (ITA) for capital-intensive services activities. The scheme&rsquo;s flexible structure allows companies to enjoy tax incentives based on their specified commitments, thereby fostering growth in high value activities, and rewarding performance.

&nbsp;

The scheme offers tax incentive for eligible companies in two categories, namely New Investment and Expansion. Companies under the New Investment category may enjoy reduced tax rate of 0% on IP income, and 5% or 10% on non-IP income for ten years. Meanwhile, companies under the Expansion category may enjoy 15% reduced tax rate for five years.

&nbsp;

Alternatively, companies under both categories can opt for ITA between 30% to 100% on capital expenditure for qualifying activities that can be offset against up to 100% of statutory income for five years.

&nbsp;

&ldquo;This MD tax incentive is a game-changer to cement Malaysia&rsquo;s position as the digital hub of ASEAN,&rdquo; says Ts. Mahadhir Aziz, CEO of MDEC. &ldquo;It aligns with current economic needs and international best practices, highlighting our commitment to leading the digital revolution. By attracting global talent and investment in high-growth sectors, we aim to create a thriving digital ecosystem, generate high-value jobs, boost R&amp;D activities, and integrate cutting-edge technologies locally.

&nbsp;

In alignment with YAB Prime Minister&rsquo;s call for Malaysia to become more investor-friendly and guided by the MADANI Economy framework, we are enhancing our processes to increase the ease of doing business, improve efficiency in processing digital investments, and eliminate unnecessary steps that complicate investment execution,&rdquo; he also added.

&nbsp;

Building on the success of the Multimedia Super Corridor (MSC) initiative, the new MD tax incentive scheme reinforces the country&#39;s commitment to developing local tech champions and attracting high-value digital investments. Since the inception of MSC in 1996, along with its accompanying Bill of Guarantees, the initiative has attracted RM485 billion in cumulative investments and created over 223,000 high-value jobs as of December 2022.

&nbsp;

&nbsp;

As of 30 April 2024, the number of awarded MD companies has surpassed 5,000, underscoring the MD initiative&rsquo;s pivotal role in fostering digital innovation across diverse industries and supporting transformation plans outlined in both the MADANI Economy framework and the New Industrial Master Plan 2030 (NIMP 2030).

&nbsp;

Companies interested in the new MD tax incentive can apply now. Details are available on the official MDEC website at <a href="https://mdec.my/malaysiadigital/tax-incentive" style="color:#0563c1; text-decoration:underline">https://mdec.my/malaysiadigital/tax-incentive</a>.

&nbsp;

Issued by:

Corporate Communication Division

Malaysia Digital Economy Corporation (MDEC)

&nbsp;

&nbsp;

Malaysia’s New MD Tax Incentive: Fueling Digital Growth

CYBERJAYA, 31 May 2024 &ndash; The Malaysia Digital Economy Corporation (MDEC), with the support of the Ministry of Digital (KD) and the Ministry of Finance (MOF), has introduced an innovative tax incentive scheme for Malaysia Digital (MD) companies. The initiative fulfils the Government&rsquo;s commitment under Budget 2024 to introduce outcome-based tax incentives designed to bolster the economy by catalysing investments in high-growth high-value sectors, fostering the creation of new economic clusters, and promoting environmental sustainability.

&nbsp;

The new MD tax incentive scheme offers a range of benefits for digital companies leveraging cutting-edge technologies such as artificial intelligence (AI), cybersecurity, blockchain, and advanced network connectivity. Eligible MD companies can benefit from competitive reduced corporate income tax rate on both intellectual property (IP) and non-IP incomes, alongside investment tax allowance (ITA) for capital-intensive services activities. The scheme&rsquo;s flexible structure allows companies to enjoy tax incentives based on their specified commitments, thereby fostering growth in high value activities, and rewarding performance.

&nbsp;

The scheme offers tax incentive for eligible companies in two categories, namely New Investment and Expansion. Companies under the New Investment category may enjoy reduced tax rate of 0% on IP income, and 5% or 10% on non-IP income for ten years.

&nbsp;

Meanwhile, companies under the Expansion category may enjoy 15% reduced tax rate for five years. Alternatively, companies under both categories can opt for ITA between 30% to 100% on capital expenditure for qualifying activities that can be offset against up to 100% of statutory income for five years.

&nbsp;

&ldquo;This MD tax incentive is a game-changer to cement Malaysia&rsquo;s position as the digital hub of ASEAN,&rdquo; says Ts. Mahadhir Aziz, CEO of MDEC. &ldquo;It aligns with current economic needs and international best practices, highlighting our commitment to leading the digital revolution. By attracting global talent and investment in high-growth sectors, we aim to create a thriving digital ecosystem, generate high-value jobs, boost R&amp;D activities, and integrate cutting-edge technologies locally.

&nbsp;

In alignment with YAB Prime Minister&rsquo;s call for Malaysia to become more investor- friendly and guided by the MADANI Economy framework, we are enhancing our processes to increase the ease of doing business, improve efficiency in processing digital investments, and eliminate unnecessary steps that complicate investment execution,&rdquo; he also added.

&nbsp;

Building on the success of the Multimedia Super Corridor (MSC) initiative, the new MD tax incentive scheme reinforces the country&#39;s commitment to developing local tech champions and attracting high-value digital investments. Since the inception of MSC in 1996, along with its accompanying Bill of Guarantees, the initiative has attracted RM485 billion in cumulative investments and created over 223,000 high-value jobs as of December 2022.

&nbsp;

As of 30 April 2024, the number of awarded MD companies has surpassed 5,000, underscoring the MD initiative&rsquo;s pivotal role in fostering digital innovation across diverse industries and supporting transformation plans outlined in both the MADANI Economy framework and the New Industrial Master Plan 2030 (NIMP 2030). Companies interested in the new MD tax incentive can apply now. Details are available on the official MDEC website at https://mdec.my/malaysiadigital/tax-incentive.

&nbsp;

-END-

​​​​​​​

Issued by:

Corporate Communication Division

Malaysia Digital Economy Corporation (MDEC)

The Malaysia Digital Economy Corporation (MDEC), with the support of the Ministry of Digital (KD) and the Ministry of Finance (MOF), has introduced an innovative tax incentive scheme for Malaysia Digital (MD) companies. The initiative fulfils the Government&rsquo;s commitment under Budget 2024 to introduce outcome-based tax incentives designed to bolster the economy by catalysing investments in high-growth high-value sectors, fostering the creation of new economic clusters, and promoting environmental sustainability.

​​​​​​​

MALAYSIA’S NEW MD TAX INCENTIVE: FUELING DIGITAL GROWTH

MDEC ANNOUNCES MALAYSIA DIGITAL PDTI OUTSTANDING AWARD WINNERS 2023 EDITION

KUALA LUMPUR, 5 March 2024 - In a bid to foster innovation and drive digital transformation, Ministry of Digital through the Malaysia Digital Economy Corporation (MDEC) has announced a call for submissions for two incentive programmes, the Brand Metaverse Onboarding Programme and Immersive IP Experiences Programme which aim to accelerate the integration of Malaysian brands and intellectual properties (IP) into the metaverse, offering substantial financial support of up to RM200,000 per project.

&nbsp;

YB Tuan Gobind Singh Deo, the Minister of Digital reveals the incentive programmes during the MDEC Digital Creative Industry Day, an annual gathering that brings together professionals in the digital content and creative technology field. The event features the 2024 Digital Content Industry Updates by MDEC which includes market access programmes, grants and related support of industry through Malaysia Digital Content Festival and the IMMERSE KL, LEVEL UP KL and KRe8tif! industry platform.

&nbsp;

Under the Brand Metaverse Onboarding Programme, eligible companies can access incentive of up to RM100,000 to develop immersive and experiential virtual world content tailored for Malaysian brands. The scope of projects spans the creation of diverse digital assets, experiences, and environments within the metaverse. From 3D models to interactive multimedia presentations and games, this initiative aims to enhance user experiences and interactions within the virtual universe. 

&nbsp;

Additionally, the Immersive IP Experiences Programme offers incentive of up to RM200,000 per project, targeting the expansion of top Malaysian IPs to a wider audience through existing Web2/Web3 centralised metaverses. Successful applicants will be tasked with creating a minimum of 10 minutes of immersive content featuring characters and settings based on partner Malaysian IPs. 

&nbsp;

These incentive programmes aim to empower digital content creators, stimulate the development of intellectual property-related content within the metaverse, and catalyse digital transformation in the business sector. By offering financial support and promoting the adoption of cutting-edge technologies, MDEC is dedicated to advancing Malaysia&#39;s digital ecosystem.

&nbsp;

For further details about the Brand Metaverse Onboarding Programme, please visit <a href="https://mdec.my/ip360-metaverse/brand-metaverse-onboarding" style="color:#0563c1; text-decoration:underline">https://mdec.my/ip360-metaverse/brand-metaverse-onboarding</a>, and for the Immersive IP Experiences Programme, please visit <a href="https://mdec.my/ip360-metaverse/immersive-ip-experiences" style="color:#0563c1; text-decoration:underline">https://mdec.my/ip360-metaverse/immersive-ip-experiences</a>. The closing date for submissions is March 27, 2024.

&nbsp;

-END-

Issued by:

Corporate Communications Division 

Malaysia Digital Economy Corporation (MDEC)

MDEC ANNOUNCES INCENTIVES UP TO RM200,000 TO EMPOWER DIGITAL CREATIVE COMPANIES

KapitalX2 Programme to Develop More Venture Professionals in Malaysia 

Penjana Kapital and Venture University are collaborating to launch Malaysia&rsquo;s first venture capital (&ldquo;VC&rdquo;) senior executive talent development programme targeted at mid-level professionals, KapitalX2. The programme is also supported by Crewstone International, Malaysia Digital Economy Corporation (&ldquo;MDEC&rdquo;) and Malaysian Venture Capital &amp; Private Equity Association (&ldquo;MVCA&rdquo;).

The programme is a continuation of the first programme, KapitalX, in collaboration with Sunway iLabs which had concluded in November 2022 that focused on juniors and fresh graduates. 32 KapitalX participants had successfully completed the programme upon undergoing a 5-week classroom training and a 1-month venture fellowship with 14 venture capital management companies. The KapitalX programme is Penjana Kapital&rsquo;s flagship talent development programme established to develop venture capital talents with the competencies to be world-class investors.

To be launched on 10 July 2023, KapitalX2 aims to equip participants, comprising of experienced entrepreneurs and finance professionals, with a detailed overview of the VC ecosystem, including real-time practical application and networking opportunities. The programme aims to create a robust pipeline of mid to senior-level talents that boosts the VC ecosystem in Malaysia. This is aligned with Penjana Kapital&#39;s objective of building the Malaysian VC ecosystem, as part of the Malaysian government&#39;s initiative to accelerate the development of a future innovation economy.

This 4-month programme is an industry agnostic course that is open to (i) experienced entrepreneurs who have built a start-up, who are also keen on investing in other start-ups as a VC fund manager, and (ii) senior investment professionals with investment management experience in one or more asset classes (i.e., Equity, Fixed Income, Private Equity (&ldquo;PE&rdquo;), VC), who are keen on managing a VC investment fund.

&nbsp;

<img src="https://platform.mdec.com.my/CKEditorReactive/rest/api/Download?GUID=64763c0c-20c5-433a-abb2-733629674656" style="height:272px; width:238px" />

&nbsp;

&ldquo;The KapitalX2 programme will ensure we create a consistent pipeline of VC talent, and complements Penjana Kapital&rsquo;s public-private co-investment programme that seeks to crowd-in private capital, managed by private sector VC firms in the country. A VC industry that is sustainable can only be built if we can simultaneously address both human capital and financial capital shortage gaps. As more funding &ndash; both public and private - flows into VC, the industry needs an even bigger talent pool.&rdquo; said Taufiq Iskandar, Chief Executive Officer of Penjana Kapital.

30 carefully chosen participants will be selected from a pool of applicants for the programme. The programme includes over 60+ hours of course work, including a two-week VC Masterclass and Advanced VC Modules, as well as Startup Pitches and weekly Fireside Chats. Participants will learn the fundamentals of the VC world from Venture University&#39;s management team alongside a highly curated panel of local industry professionals. Learnings include deal sourcing, due diligence, financial modelling, investment term sheets and documents, valuation, cap tables, waterfall analysis, M&amp;A / IPO, raising a VC fund, Corporate VC, managing a Board of Directors, etc. The programme will conclude with a internal reverse demo day on the final week where participants will present their investment recommendations and compete for awards presented during a graduation ceremony.

<img alt="Malaysian VCMCs &amp; VCCs and VC &amp; PE Professionals" src="https://platform.mdec.com.my/CKEditorReactive/rest/api/Download?GUID=1ea23858-2ef3-45cb-9e5f-82bfd3b297cb" style="height:284px; width:500px" />

<h4>*Professionals with more than 4 years&#39; experience</h4>

<h4>Source: Securities Commission Annual Report</h4>

<h4>&nbsp;</h4>

In 2022, the number of VC and PE professionals in Malaysia declined by 33% year-on-year to 229 from 344. This is after an impressive growth of 97% in 2021, which coincided with the strong performance and liquidity in the VC space. Furthermore, comparing with other developed VC markets, Malaysia still lacks sufficient VC professionals in order to have a vibrant VC space.

&nbsp;

<img src="https://platform.mdec.com.my/CKEditorReactive/rest/api/Download?GUID=e2d55016-b5de-49cc-bfa3-5ee8c67895b2" style="height:266px; width:260px" />

&nbsp;

&ldquo;Crewstone International is excited to support the launch of KapitalX2, Malaysia&#39;s&nbsp; VC talent development programme. We believe in the importance of nurturing and empowering mid-level professionals in the VC ecosystem. Through KapitalX2, we aim to contribute to the growth of Malaysia&#39;s innovation economy by building a strong pipeline of skilled VC professionals. We are proud to collaborate with Penjana Kapital and Venture University to drive the development of the Malaysian VC landscape.&rdquo; said Izmir Mujab, Chief Executive Officer of Crewstone International.

&nbsp;

<img src="https://platform.mdec.com.my/CKEditorReactive/rest/api/Download?GUID=6f9f14df-d3cb-4959-89b7-d43ceb37a426" style="height:272px; width:248px" />

&nbsp;

Chief Executive Officer of MDEC, Ts. Mahadhir Aziz spoke on the collaboration: &ldquo;This collaboration with Penjana Kapital to run KapitalX^2 is a testament of MDEC&rsquo;s unwavering commitment to provide essential support that is critical to the growth and competitiveness of Malaysia&#39;s digital economy, and its overall contribution to the country&#39;s economic development. Our support is to strengthen our ability to provide mid to senior-level talents with access to networks ad resources to help them succeed. Together, we look forward to unlocking new opportunities to develop future venture capital (&ldquo;VC&rdquo;) talent providing participants with the essential skillsets of a Fund Manager and creating a seamless process for investment, innovation, and growth&rdquo;.

&nbsp;

<img src="https://platform.mdec.com.my/CKEditorReactive/rest/api/Download?GUID=8d648b0f-7c36-42a2-a955-91ecc046e2de" style="height:250px; width:232px" />

&nbsp;

&quot;MVCA is committed to fostering Malaysia&#39;s vibrant and sustainable VC ecosystem. We believe that VC is a key driver of innovation and economic growth, and we support initiatives that align with our mission and objectives. One of these initiatives is to develop and nurture VC talents in Malaysia.&nbsp; The Malaysian government has already put in place some initiatives, including encouraging private sector participation.&nbsp; To make the above a reality, we need to invest more in education and training programmes to equip our VC talent with the necessary knowledge and skills.&nbsp; KapitalX2 is one of the initiatives that can enhance capacity and competitiveness as a VC market in the region, and MVCA is happy to provide support for the programme.&quot; said Ng Sai Kit, Chairman of MVCA.

&nbsp;

<img src="https://platform.mdec.com.my/CKEditorReactive/rest/api/Download?GUID=eea56a20-8bf1-4157-9f2a-b7154d1a4a7b" style="height:272px; width:248px" />

&nbsp;

&ldquo;We are excited to announce the launch of the Venture Capital Senior Executive Talent Development Programme in Malaysia in collaboration with Penjana Kapital and Crewstone International. This is a great milestone for Venture University as we expand our footprint across the Asia-Pacific region. Malaysia, with its vibrant entrepreneurial spirit and immense potential, stands out as a promising hub for venture capital. We are fortunate to have the opportunity to support the development of top-tier talent and helping shape the future of the Malaysian venture capital ecosystem. Together we aim to foster a new generation of leaders who will drive innovation, catalyze growth, and redefine the landscape of venture capital in Malaysia. We believe that by investing in people, we invest in the future.&rdquo; - J. Skyler Fernandes, Founder &amp; CEO of Venture University.

This programme is partially-sponsored by Penjana Kapital and Crewstone International. Applications are now open and will close on 3 July 2023. Visit <a href="https://www.penjanakapital.com.my/programs/vc-talent-program-2">https://www.penjanakapital.com.my/programs/vc-talent-program-2</a> for the full programme and application details.

END

About Penjana Kapital

Penjana Kapital Sdn Bhd was incorporated on 1 July 2020 as part of the Government of Malaysia&rsquo;s initiative to accelerate the development of a future innovation economy. Its main role is to stimulate the Malaysia&rsquo;s economy by futureproofing Malaysia businesses through innovation from start-ups, funded by private capital from strategic international and private domestic investors, matched by the government and in turn creating a vibrant and sustainable VC industry in Malaysia.

For further information, please contact:

&nbsp;

Penjana Kapital Sdn Bhd

Tel:&nbsp;03-27794282

Fax:&nbsp;&nbsp;&nbsp;&nbsp; 03-20968900

Email:&nbsp; <a href="mailto:enquiry@penjanakapital.com.my" style="color:#954f72; text-decoration:underline">enquiry@penjanakapital.com.my</a>

<img src="https://platform.mdec.com.my/CKEditorReactive/rest/api/Download?GUID=38f81bef-a19b-4d3f-833f-6edab0e7fcab" style="height:228px; width:406px" />&nbsp; &nbsp; &nbsp;<img src="https://platform.mdec.com.my/CKEditorReactive/rest/api/Download?GUID=223c524d-2db6-40f2-8768-e3f07c6574e7" style="height:214px; width:390px" />

&nbsp;

&nbsp;

About Venture University

Venture University (VU) is the world&rsquo;s leading investor accelerator for VC, PE, and angel investing. Individuals can choose to participate in two Investor Accelerators: The Venture Capital Investor Accelerator and The Real Estate Private Equity &amp; REIT Investor Accelerator, each includes a robust Education Program (Masterclass, Advanced Modules, Deal Madness, and Fireside Chats) and an Investment Apprenticeship Program to hone their skills in deal sourcing, due diligence, and investment execution across a wide range of sectors. Participants are mentored by seasoned professionals with extensive track records, gain industry networking opportunities, investment experience, and share in the financial upside of the investments made during the program. VU&rsquo;s senior investment partners have a combined 100+ years of investment experience, deployed over $8.8 billion in VC and real estate, and were some of the earliest and largest investors in over 20 unicorns. VU&#39;s mission is to cultivate diverse global talent and generate superior financial returns for investors, thereby powering a scalable global VC and PE fund and ecosystem.&nbsp; VU&rsquo;s platform also includes: <a href="https://www.vuventurepartners.com/" style="color:#954f72; text-decoration:underline">VU Venture Partneres</a> (a global VC fund), <a href="https://www.vucapitalpartners.com/" style="color:#954f72; text-decoration:underline">VU Capital Partners</a> (a global PE fund), <a href="https://www.bonded.capital/" style="color:#954f72; text-decoration:underline">Bonded Capital</a> (an affininity investor syndicate network), and <a href="https://www.finallyfundadmin.com/" style="color:#954f72; text-decoration:underline">Finally Fund Admin</a> (an investment admin platform for fund managers and founders).

For further information, please contact:

Venture University

Contact:&nbsp; <a href="https://www.venture.university/contact" style="color:#954f72; text-decoration:underline">https://www.venture.university/contact</a>

Website: <a href="http://www.venture.university/" style="color:#954f72">www.Venture.University</a>

<img src="https://platform.mdec.com.my/CKEditorReactive/rest/api/Download?GUID=4cf447f9-52c6-4d47-8654-b9f7f9aa94e0" style="height:242px; width:242px" />

&nbsp;

About Crewstone International

Crewstone International is a private equity firm based in Kuala Lumpur, Malaysia. With a primary focus on emerging markets, particularly the ASEAN region, the firm acquires financial equity positions with potential for public listing as well as providing debt instruments to support the growth and expansion plans of businesses in the region. As a selected fund manager under the Dana Penjana Nasional (DPN) programme, Crewstone actively supports foreign investments in Malaysia and serves as a VC partner of Penjana Kapital.

For further information, please contact:

Crewstone International Sdn Bhd

Contact:&nbsp; <a href="https://www.crewstoneinternational.com/contact">https://www.crewstoneinternational.com/contact</a>

Website: <a href="http://www.crewstoneinternational.com/">www.crewstoneinternational.com</a>

<img src="https://platform.mdec.com.my/CKEditorReactive/rest/api/Download?GUID=38c2cc0c-1357-47ad-ada9-f6ab9e0be52e" style="height:196px; width:294px" />

&nbsp;

About MDEC

MDEC, an agency under the Ministry of Communications and Digital, is at the forefront of driving Malaysia&#39;s digital economy, offering a multitude of support and resources to mid-level professionals through the national strategic initiative, Malaysia Digital (MD). MDEC plays a pivotal role in fostering innovation, empowering entrepreneurs and finance professionals to thrive in a rapidly evolving environment via policy facilitation and various PEMANGKIN&nbsp;programmes.

About MVCA

The Malaysian Venture Capital &amp; Private Equity Association (MVCA) was formed in 1995, to promote and develop the VC and PE industry as well as serve as an authorized platform for members to express their views to policy makers in resolving issues and removing obstacles that impede the growth of the industry.&nbsp; &nbsp; &nbsp; &nbsp;&nbsp;

&nbsp;

Penjana Kapital, in collaboration with Venture University, launches Malaysia’s first venture capital senior executive talent development programme

Penjana Kapital, dengan kerjasama Universiti Venture, melancarkan program pembangunan bakat eksekutif kanan modal teroka pertama di Malaysia

CYBERJAYA, 5 April 2023: Malaysia Digital Economy Corporation (MDEC), Malaysia&#39;s leading digital economy agency, has announced the launch of the 2023 Digital Content Creators Challenge (DC3).&nbsp;&nbsp;

Since its inception in 2006, DC3 has been a highly successful platform under the Ministry of Communications and Digital (KKD) that offers seed funding to creative content developers. The goal is to create portfolios or intellectual properties (IPs) that can be pitched to investors, broadcasters, and publishers to obtain further funding.&nbsp;

Over the years, MDEC has funded 372 projects and disbursed RM15.8 million in prize money to the winners. DC3 is a competition-based program designed to assist content creators in developing and producing world-class digital content while also increasing the creation of intellectual property (IP).&nbsp;

Digital content has been identified as one of the nine promoted sectors under the national strategic initiative, Malaysia Digital (MD). The winners of DC3 2023 will receive prize money to develop their proposed digital creative content, with the support of industry experts through a mentorship program. This would provide the necessary catalysts for local talents to penetrate the local and global market.&nbsp;

&ldquo;As we move towards an increasingly digital future, the role of content creators in shaping our collective experiences and narratives cannot be overstated. The DC3 2023 showcases the creativity, resilience, and potential of Malaysian digital content creators. MDEC is proud to support and champion this initiative, nurturing a thriving ecosystem of creators driving innovation and growth for Malaysia&#39;s creative industries.&quot; said Ts. Mahadhir Aziz, CEO of MDEC.&nbsp;&nbsp;

The programme is open to digital content creation companies and is divided into four categories, namely, digital comic, animation, interactive media, and digital games.&nbsp;&nbsp;

Under the digital comic category, winners will receive a prize money of up to RM25,000 and six months to complete their project.&nbsp;&nbsp;

Meanwhile, winners from the animation category will receive a prize money of up to RM100,000 and eight months to complete their project. Interactive Media and Digital games producers will receive up to RM100,000 for each category and ten months to complete their project.&nbsp;&nbsp;

&nbsp;

&nbsp;

&nbsp;

Among the notable past DC3 projects include the &ldquo;Legends of Ancient Borneo&rdquo; by All for One Productions, who received Best Digital Animation Film by Malaysia Digital Film Award 2019 and Best Animated Short Film by Great Message International Film Festival 2019. The project is now in early development for an animated series, target to complete production by 2023. This is the first animated film in Kadazan language and one of the ways to pay tribute to the Sabah&rsquo;s native heritage and culture.&nbsp;

Meanwhile, Cramped Death by Wombatman Games was a finalist for the Best Design category in Indie Game Show Award as featured in the Taipei Game Show 2020. The game was recently launched and is published on Steam and Nintendo Switch.&nbsp;&nbsp;

Applications for DC3 programme are now open until 5 May 2023.&nbsp;

For more information, visit <a href="https://mdec.my/dc3" rel="noreferrer noopener" target="_blank">https://mdec.my/dc3</a>&nbsp;&nbsp;

Issued by:&nbsp;

Corporate Affairs Division&nbsp;&nbsp;

Malaysia Digital Economy Corporation (MDEC)&nbsp;

CYBERJAYA, 5 April 2023: Perbadanan Ekonomi Digital Malaysia (MDEC) agensi peneraju ekonomi digital negara, mengumumkan pelancaran Cabaran Pencipta Kandungan Digital atau Digital Content Creators Challenge (DC3) 2023.&nbsp;

Sejak diperkenalkan pada tahun 2006, DC3 telah menjadi platform di bawah Kementerian Komunikasi dan Digital (KKD) yang berjaya menawarkan pembiayaan awal kepada pencipta kandungan kreatif. Matlamatnya adalah bagi mewujudkan portfolio atau harta intelek (IP) yang boleh menarik perhatian pelabur dan penerbit dalam sektor penyiaran bagi mendapatkan pembiayaan selanjutnya.&nbsp;&nbsp;

Untuk rekod, sehingga kini, MDEC telah membiayai sebanyak 372 projek dan mengagihkan sejumlah RM15.8 juta hadiah wang kepada pemenang. DC3 adalah program berasaskan pertandingan yang direka untuk membantu pencipta kandungan dalam membangun dan menghasilkan kandungan digital bertaraf dunia di samping meningkatkan penciptaan harta intelek negara.&nbsp;&nbsp;

Kandungan digital telah dikenalpasti sebagai salah satu daripada sembilan sektor yang digalakkan di bawah inisiatif strategik nasional, Malaysia Digital (MD).&nbsp;&nbsp;

Pemenang DC3 2023 akan menerima hadiah wang untuk membangunkan kandungan kreatif digital yang dicadangkan, dengan sokongan pakar industri melalui program bimbingan. Ini sekali gus menjadi pemangkin buat bakat-bakat tempatan untuk menembusi pasaran tempatan dan juga global.&nbsp;&nbsp;

&ldquo;Di kala kita sedang menuju ke arah masa depan yang semakin digital, peranan pencipta kandungan dalam membentuk pengalaman dan naratif kolektif, tidak boleh dipandang remeh. DC3 2023 mempamerkan kreativiti, daya tahan dan potensi pencipta kandungan digital berkualiti tinggi di Malaysia. MDEC berbesar hati untuk menyokong dan memperjuangkan inisiatif ini, memupuk ekosistem pencipta kandungan kreatif yang semakin berkembang maju demi memacu inovasi dan pertumbuhan industri kreatif Malaysia, &quot; kata Ts. Mahadhir Aziz, Ketua Pegawai Eksekutif MDEC.&nbsp;&nbsp;

Pertandingan ini terbuka kepada syarikat-syarikat pencipta kandungan digital tempatan dan dibahagikan kepada empat kategori iaitu Komik Digital, Animasi, Media Interaktif dan Permainan Digital.&nbsp;&nbsp;

Di bawah kategori Komik Digital, pemenang akan menerima hadiah wang tunai sehingga RM25,000 dan enam bulan untuk menyiapkan projek mereka. Sementara itu, pemenang bagi kategori Animasi pula akan menerima hadiah wang tunai sehingga RM100,000 dan lapan bulan untuk menyiapkan projek mereka manakala bagi kategori Media Interaktif dan Permainan Digital pula masing-masing akan menerima wang tunai sehingga RM100,000 dan tempoh selama sepuluh bulan untuk menyiapkan projek mereka.&nbsp;&nbsp;

Antara projek DC3 yang terkenal termasuk &ldquo;Legends of Ancient Borneo&rdquo; by All for One Productions, yang menerima pengiktirafan sebagai Filem Animasi Digital Terbaik menerusi Anugerah Filem Digital Malaysia 2019 dan Filem Pendek Animasi Terbaik dalam Great Message International Film Festival 2019. Projek berkenaan kini dalam pembangunan awal untuk siri animasi, menyasarkan untuk melengkapkan pengeluarannya pada tahun ini. Ini adalah filem animasi pertama dalam bahasa Kadazan dan salah satu cara untuk memberi penghormatan kepada warisan dan budaya Sabah.&nbsp;&nbsp;

Sementara itu, Cramped Death by Wombatman Games merupakan finalis bagi kategori Reka Bentuk Terbaik dalam Anugerah Pertunjukan Permainan Indie seperti yang dipaparkan dalam Taipei Game Show 2020. Permainan ini telah dilancarkan dan diterbitkan dalam Steam dan Nintendo Switch baru-baru ini.&nbsp;&nbsp;

Permohonan untuk menyertai DC3 kini dibuka sehingga 5 Mei 2023.&nbsp;&nbsp;

Layari <a href="https://mdec.my/dc3" rel="noreferrer noopener" target="_blank">https://mdec.my/dc3</a> untuk mendapatkan maklumat lebih lanjut.&nbsp;

&nbsp;

Dikeluarkan oleh :&nbsp;

Bahagian Hal Ehwal Korporat&nbsp;&nbsp;

Perbadanan Ekonomi Digital Malaysia (MDEC)&nbsp;

&nbsp;

MDEC Launches Digital Content Creators Challenge (DC3) 2023 

DEC Lancar Cabaran Pencipta Kandungan Digital (DC3) 2023 

<ul>
	<li>
	In Malaysia, the cities of Cyberjaya, Iskandar Puteri and Penang are emerging as global tech hubs, part of a robust ecosystem to develop and drive the digital economy of Malaysia
	</li>
	<li>
	These cities have individual unique properties that make them attractive to startups and digital investors, facilitated by the Malaysia Digital Economy Corporation
	</li>
</ul>

&nbsp;

Technology development and innovation have always been inexplicably tied to cities. Silicon Valley in the United States. Bangalore in India. Shenzhen in China. These cities not only foster innovation and birth new inventions but are now global tech hubs spurring the growth of international tech players.

<div>
In Malaysia, we&rsquo;re seeing the&nbsp;crystallisation of its own global tech hubs: Cyberjaya in the Greater Klang Valley; the northern island state of Penang; and Iskandar Puteri, in the state of Johor.

These cities not only serve as Malaysia&rsquo;s centres of innovation, but as hosts to some of the world&rsquo;s most prolific multinational technology companies. They form a vital part of Malaysia&rsquo;s digital economy&nbsp;ecosystem.

Chief among this is Cyberjaya, serving as the catalyst of Malaysia&rsquo;s digital journey ever since its&nbsp;inception 25 years ago. The city currently&nbsp;houses&nbsp;144,000 innovators and creators, about 400 MSC- status entities including multinational corporates (MNCs), and over 40 government agencies and government-linked hubs.

It is, essentially, the technology heart of Malaysia, serving as the base for successful technology startups and enterprises the likes of Aerodyne, Govicle, and Animonsta Studios.

There are many factors that make Cyberjaya fertile grounds for technology companies, from its ample land and proximity to Kuala Lumpur to its strong infrastructure and large talent pool, which stems from its seven universities and colleges.

Beyond that, the city is itself a Living Lab, allowing investors and creators to pilot and validate their innovations across the city, tapping into a large demography of early tech adopters. For instance, it is the first Malaysian city to be cashless&nbsp;&ndash;&nbsp;at least 90% of its merchants are now using ePayment.

Combined with the&nbsp;National Technology and Innovation Sandbox (NTIS), Cyberjaya offers itself as a city where tech startups and MNCs can safely and reliably innovate.

Penang, on the other hand, recently introduced Digital Penang, a digital transformation masterplan for the island state. Digital Penang rides on the back of a vibrant manufacturing and electrical and electronics (E&amp;E) industry. Among other things, Penang contributes approximately 8 percent of the global backend semiconductor output.

During a panel discussion on Malaysia Tech Month 2021 (MTM&rsquo;21) titled&nbsp;Enabling Cities to Become Global Tech Hubs for Emerging Technologies, Digital Penang CEO Tony Yeoh said that Penang&rsquo;s&nbsp;strength is in their engineering prowess&nbsp;&ndash;&nbsp;the manufacturing capabilities of the state means that&nbsp;individuals and companies in the &ldquo;Software for Hardware&rdquo; space can&nbsp;thrive.

To say nothing of the state&rsquo;s famously terrific food, its UNESCO heritage status, and access to pristine beaches, which make it an attractive place for digital talent and organisations.

Now, the city is looking beyond the skies. In August 2021, the Angkasa-X Group of Companies announced plans to turn Penang into a regional space technology ecosystem hub, with the goal of fostering local innovation and technology transfer while creating jobs and opportunities across Malaysia.

Penang Chief Minister Chow Kon Yeow&nbsp;said&nbsp;that Penang&rsquo;s strong talent pool&nbsp;serves as a key driver to&nbsp;the state&rsquo;s success in attracting strategic investments, especially in niche industries.
</div>

Established since 2006, Iskandar Puteri has since become a hub for emerging digital technologies. Its initiative, Iskandar NEXT, seeks to develop and implement Fourth Industrial Revolution (4IR) technology ecosystems.

This led to the creation of the Blockchain Village at Medini (BVAM); and the Drone and Robotics Zone (DRZ)&nbsp;Iskandar, Malaysia&rsquo;s first drone and robotics hub. In total, both initiatives are projected to bring more than RM900 million in investments and create over 2,000 high-value, knowledge-based jobs.

In the MTM&rsquo;21 session, Zulfiqar Zainuddin, Managing Director, IIB Ventures, said that these activities&nbsp;signify that Iskandar has grown from its early days as a green field development to getting the awareness, policies, and manpower in place for emerging technologies.

&ldquo;Today, Iskandar Puteri is poised to take on the challenges that are required to enable the city to become a tech hub,&rdquo; he said.

These are not the only Malaysian cities that are emerging as global tech hubs. Kuching, the capital city of Sarawak, has through the Sarawak Digital Economy Corporation (SDEC) created the Sigfox Internet of Things (IoT) and the 5G Technology Testbeds&nbsp;&ndash;&nbsp;open innovation platforms driving the development of IoT and 5G use cases.

Kuching is also home to iCube Innovation, a 14,000 square feet innovation centre designed to facilitate the creation and growth of entrepreneurs through collaboration and co-incubation. These combine to make the city a strong tech startup destination.

Each of these cities have their own unique offerings for local and foreign tech companies to land and expand in&nbsp;&ndash; an extension of Malaysia&rsquo;s robust digital investment offerings, facilitated by Malaysia Digital&nbsp;Economy Corporation (MDEC) and the Digital Investment Office (DIO).

&ldquo;The development of these cities into global tech hubs is in line with the Malaysia Digital Economy Blueprint (MyDIGITAL) to make Malaysia a regional leader in digital economy, especially towards its target to create 500,000 new jobs, attract two unicorns, and achieve RM70 billion investment in&nbsp;digitalisation,&rdquo; said&nbsp;Raymond Siva, Senior Vice President, Investment and Brand and Chief Marketing Officer, MDEC.

Supporting investments into these cities is MDEC&rsquo;s &lsquo;Digital Investments Future5&rsquo;&nbsp;(DIF5) strategy, a five- year plan aimed at attracting investments and advancing Malaysia&rsquo;s digital economy.&nbsp;Among other targets, DIF5 aims to bring RM50 billion investments, 50 Fortune500 tech companies and the creation of 50,000 jobs in the digital economy.

&ldquo;DIF5 has a focus on five key emerging technologies including DroneTech, Blockchain, and Advanced Robotics&nbsp;&ndash;&nbsp;technologies driven by these cities. With DIF5 and the Digital Investment Office (DIO), we seek to drive more digital investments into these thriving cities, and thus position Malaysia as truly the&nbsp;Heart of Digital ASEAN,&rdquo; concluded Raymond.

#END#

&nbsp;

&nbsp;

About Malaysia Digital Economy Corporation (MDEC)

Malaysia Digital Economy Corporation (MDEC) is the agency under the Ministry of Communications and Multimedia Malaysia leading the digital transformation of the economy for 25 years. We aim to enable a progressive, innovation-led digital economy.

To achieve this, MDEC will execute on its&nbsp;NADI&nbsp;(Nadi Digital) framework, based on the four thrusts:&nbsp;New skills,&nbsp;Adoption,&nbsp;Digital ScaleUps and&nbsp;Investments. NADI will drive our core programmes for the rakyat, industry and investors.&nbsp;MDEC will continue to lead Malaysia&rsquo;s digital economy forward towards becoming a&nbsp;globally competitive digital nation, anchored on innovation, sustainability, and shared prosperity, firmly establishing Malaysia as the Heart of Digital ASEAN.

#MyMDEC #NadiDigital #SayaDigital #HeartofDigitalASEAN

The Cities in Malaysia Emerging as Global Tech Hubs

&nbsp;

MDEC Announces the AI and Data Week 2021 to Further Catalyse Data Technology Adoption 

<ul>
	<li>&bull; AIDW 2021 is a week-long curation of virtual events aimed at fostering data technology adoption among Malaysian business enterprises and drive the growth of Malaysia&rsquo;s data ecosystem development </li>
	<li>&bull; The week is headlined with an Anchor Event on 26 October themed &ldquo;AI in Malaysia &ndash; Racing Towards the Future&rdquo;, co-organised with Kearney </li>
</ul>

&nbsp;

CYBERJAYA, 21 OCTOBER 2021: Malaysia Digital Economy Corporation (MDEC), Malaysia&rsquo;s lead digital economy agency, today announced the AI and Data Week 2021 (AIDW 2021), a week-long curation of virtual events focusing on the Internet of Things (IoT), Data, and Artificial Intelligence (AI).

Set to happen from 25 to 29 October 2021, AIDW 2021 aims to catalyse data technology adoption among Malaysian business enterprises and to foster data ecosystem development in Malaysia.

AIDW 2021 will feature a host of talks and panel discussions by data and industry experts with the aim to foster a thriving data and AI ecosystem, especially in terms of mindset, integration, and adoption of the IoT, Data, and AI among enterprises, working professionals, government officials and the public.

Data-driven spending in Malaysia is on the rise. An MDEC-commissioned study by IDC found that Malaysia&rsquo;s big data and analytics market is set to grow from US$1.1 billion (RM4.5 billion) in 2021 to US$1.9 billion (RM7.89 billion) in 2025.

Additionally, Kearney&rsquo;s report on the future of AI in Southeast Asia noted that while AI adoption in the region is still nascent, proper application and execution of AI can add US$115 billion to the Malaysia&rsquo;s GDP by 2030.

&ldquo;Malaysia is witnessing a significant growth in data-driven adoption among organisations and businesses. MDEC and the Malaysian government are cognisant of the importance of data not only in driving efficiency and improving governance, but also in growing the Malaysian digital economy.

&ldquo;AIDW 2021 serves as one of the core platforms for us to accelerate the availability, accessibility, and usability of data amongst the Malaysian society and the economy. Through successful application of data and AI, we can drive a productive, progressive, and inclusive digital economy in line with the Malaysia Digital Economy Blueprint (MyDIGITAL) and the goals of the Twelfth Malaysia Plan (12MP),&rdquo; said Mahadhir Aziz, CEO of MDEC.

On top of a host of talks and panel discussions surrounding IoT, Data and AI-related topics, AIDW 2021 will feature an Anchor Event co-organised with global management consulting firm Kearney that includes in-depth discussions into topics specifically on AI.

Highlights of AIDW 2021 include:

<ul>
	<li>Anchor Event: AI in Malaysia &ndash; Racing Towards the Future ​​​​​​​</li>
</ul>

Jointly organised by Kearney and MDEC, this Anchor Event features two executive roundtables that seek to discuss what Malaysia should do to realise the full potential of AI.

(26 October, 9.00am &ndash; 12.30pm) 

<ul>
	<li>Future Disruption: Adopt, Adapt or Fail Harder</li>
</ul>

IoT, Data and AI are advancing industries into the future and disrupting traditional processes. To survive, it is important for industries from all sectors to learn and understand the application of data technology for businesses and consumers.

(25 October, 10.00am &ndash; 5.00pm) ​​​​​​​

<ul>
	<li>Empowering the Agriculture Sector with Digital Technologies</li>
</ul>

Being fertilised with the infusion of digital agriculture technologies (AgTech), this insightful panel session will see digital farmers sharing their journey on sustaining and scaling the application of AgTech to improve the livelihoods of the many.

(27 October, 2:30pm &ndash; 4:00pm) 

To participate in AIDW 2021, visit https://mdec.my/aidw.

In conjunction with AIDW 2021, MDEC has introduced DataKITA.Hub, a platform designed to assist businesses in embarking and enriching their data journeys.

Serving as a one-stop centre for all things AI and data, the platform currently features a comprehensive map of local data and AI ecosystem players. It will soon include a catalogue of local Data Products and Services providers and a collection of data use cases and success stories.

For more information on DataKITA.Hub, visit https://mdec.my/datakita/datakita-hub/

#END#

&nbsp;

#MyMDEC #NadiDigital #SayaDigital #HeartofDigitalASEAN 

To find out more about MDEC&rsquo;s Digital Economy initiatives, please visit us at www.mdec.my or follow us on: Facebook: https://www.facebook.com/MyMDEC/ Twitter: @mymdec

&nbsp;

CYBERJAYA, 21 OKTOBER 2021: Malaysia Digital Economy Corporation (MDEC), agensi peneraju ekonomi digital, hari ini mengumumkan AI and Data Week 2021 (AIDW 2021), acara maya selama seminggu yang memberi tumpuan kepada Internet untuk Segalanya (IoT), Data dan Kecerdasan Buatan (AI).

Dijadualkan berlangsung dari 25 hingga 29 Oktober 2021, AIDW 2021 menyasarkan untuk memangkinkan adaptasi data di kalangan perniagaan rakyat Malaysia dan memacu pertumbuhan pembangunan ekosistem data Malaysia.

AIDW 2021 akan menganjurkan bual bicara dan perbincangan oleh pakar data dan industri dengan tujuan untuk memupuk ekosistem data dan AI yang berkembang maju terutamanya daripada segi pemikiran, integrasi dan adaptasi IoT, Data dan AI di kalangan perusahaan, pekerja profesional, pegawai kerajaan dan orang awam.

Perbelanjaan dipacu data di Malaysia telah mencatatkan pertumbuhan yang rancak. Kajian MDEC yang ditugaskan kepada IDC mendapati pasaran data raya dan analisis Malaysia dijangka berkembang dari US$1.1 bilion (RM4.5 bilion) pada 2021 kepada US$1.9 bilion (RM7.89 bilion) pada 2025.

Selain itu, laporan Kearney berkenaan masa depan AI di Asia Tenggara mendapati walaupun adaptasi AI di rantau ini masih di peringkat awal, dengan penggunaan dan pelaksanaan AI yang betul akan menambah sekitar US$115 bilion kepada KDNK Malaysia menjelang 2030.

&ldquo;Malaysia mencatatkan pertumbuhan yang ketara dalam adaptasi dipacu data di kalangan organisasi dan perniagaan. MDEC dan kerajaan Malaysia telah menyedari kepentingan data bukan sahaja memacu keberkesanan dan menambah baik tadbir urus tetapi juga mengembangkan ekonomi digital Malaysia.

&ldquo;AIDW 2021 berperanan sebagai salah satu platform utama kepada kami untuk mempercepatkan ketersediaan, kebolehcapaian dan kegunaan data dalam masyarakat dan ekonomi Malaysia. Menerusi kejayaan mengadaptasi data dan AI, kami boleh memacu ekonomi digital yang produktif, progresif dan inklusif selaras dengan Rangka Tindakan Ekonomi Digital Malaysia (MyDIGITAL) dan matlamat Rancangan Malaysia Ke-12 (RMK-12),&rdquo; kata Mahadhir Aziz, Ketua Pegawai Eksekutif, MDEC.

Selain menganjurkan bual bicara dan&nbsp;perbincangan topik berkenaan IoT, Data dan AI, AIDW 2021 akan menampilkan acara utama yang dianjurkan secara bersama dengan firma perunding pengurusan global, Kearney yang akan menawarkan perbincangan lebih mendalam berkenaan topik khususnya AI.

Acara tumpuan AIDW 2021 termasuklah:

<ul>
	<li>Acara Utama: AI di Malaysia &ndash; Bersaing Menuju Masa Depan ​​​​​​​</li>
</ul>

Dianjurkan secara bersama antara Kearney dan MDEC, acara utama ini menawarkan dua rundingan meja bulat eksekutif yang bertujuan untuk membincangkan apa yang perlu dilakukan Malaysia untuk merealisasikan potensi penuh AI. &nbsp;(26 Oktober, 9.00am &ndash; 12.30pm) 

<div>&nbsp;</div>

<ul>
	<li>Pengganggu Masa Depan: Terima, Adaptasi atau Gagal​​​​​​​​​​​​​</li>
</ul>

IoT, Data dan AI telah mendorong industri ke arah masa depan dan mengganggu proses tradisional. Untuk terus bertahan, amat penting kepada industri dalam semua sektor untuk belajar dan memahami pelaksanaan teknologi data kepada perniagaan dan pengguna.&nbsp;

(25 Oktober, 10.00am &ndash; 5.00pm)

<div>&nbsp;</div>

<div>&nbsp;</div>

<ul>
	<li>​​​Memperkasa Sektor Pertanian dengan Teknologi Digital</li>
</ul>

Dipupuk dengan kehadiran teknologi pertanian (AgTech), sesi panel yang bermakna ini akan menyaksikan petani digital berkongsi pengalaman mereka dalam mengekalkan dan meningkatkan penggunaan AgTech untuk menambah baik kesejahteraan orang ramai.

(27 Oktober, 2:30pm &ndash; 4:00pm) 

​​​​​​​

Untuk menyertai AIDW 2021, sila layari https://mdec.my/aidw.

Bersempena dengan AIDW 2021, MDEC akan memperkenalkan DataKITA.Hub, iaitu platform yang direka untuk membantu perniagaan untuk memulakan dan mengembangkan perjalanan data mereka.

Berperanan sebagai pusat sehenti untuk segala perkara berkaitan AI dan data, platform ini menawarkan peta data tempatan dan penggiat ekosistem AI yang komprehensif. Platform ini juga akan ditambah kelak dengan katalog penyedia Data Produk serta Perkhidmatan tempatan dan koleksi data berkaitan kes penggunaan serta kisah kejayaan.

Untuk maklumat lanjut berkenaan DataKITA.Hub, sila layari https://mdec.my/datakita/datakita-hub/

#TAMAT#

#NadiDigital #SayaDigital #HeartofDigitalASEAN #MyMDEC 

Untuk mengetahui dengan lebih lanjut mengenai inisiatif-inisiatif Ekonomi Digital MDEC, layari www.mdec.my atau ikuti kami di: Facebook: https://www.facebook.com/MyMDEC/ Twitter: @mymdec

&nbsp;

MDEC Announces the AI and Data Week 2021 to Further Catalyse Data Technology Adoption

(BM) MDEC Umum AI and Data Week 2021 untuk Terus Memangkinkan Adaptasi Teknologi

CYBERJAYA, 21 OKTOBER 2021: Malaysia Digital Economy Corporation (MDEC), agensi peneraju ekonomi digital, hari ini mengumumkan AI and Data Week 2021 (AIDW 2021), acara maya selama seminggu yang memberi tumpuan kepada Internet untuk Segalanya (IoT), Data dan Kecerdasan Buatan (AI).

Dijadualkan berlangsung dari 25 hingga 29 Oktober 2021, AIDW 2021 menyasarkan untuk memangkinkan adaptasi data di kalangan perniagaan rakyat Malaysia dan memacu pertumbuhan pembangunan ekosistem data Malaysia.

AIDW 2021 akan menganjurkan bual bicara dan perbincangan oleh pakar data dan industri dengan tujuan untuk memupuk ekosistem data dan AI yang berkembang maju terutamanya daripada segi pemikiran, integrasi dan adaptasi IoT, Data dan AI di kalangan perusahaan, pekerja profesional, pegawai kerajaan dan orang awam.

Perbelanjaan dipacu data di Malaysia telah mencatatkan pertumbuhan yang rancak. Kajian MDEC yang ditugaskan kepada IDC mendapati pasaran data raya dan analisis Malaysia dijangka berkembang dari US$1.1 bilion (RM4.5 bilion) pada 2021 kepada US$1.9 bilion (RM7.89 bilion) pada 2025.

Selain itu, laporan Kearney berkenaan masa depan AI di Asia Tenggara mendapati walaupun adaptasi AI di rantau ini masih di peringkat awal, dengan penggunaan dan pelaksanaan AI yang betul akan menambah sekitar US$115 bilion kepada KDNK Malaysia menjelang 2030.

&ldquo;Malaysia mencatatkan pertumbuhan yang ketara dalam adaptasi dipacu data di kalangan organisasi dan perniagaan. MDEC dan kerajaan Malaysia telah menyedari kepentingan data bukan sahaja memacu keberkesanan dan menambah baik tadbir urus tetapi juga mengembangkan ekonomi digital Malaysia.

&ldquo;AIDW 2021 berperanan sebagai salah satu platform utama kepada kami untuk mempercepatkan ketersediaan, kebolehcapaian dan kegunaan data dalam masyarakat dan ekonomi Malaysia. Menerusi kejayaan mengadaptasi data dan AI, kami boleh memacu ekonomi digital yang produktif, progresif dan inklusif selaras dengan Rangka Tindakan Ekonomi Digital Malaysia (MyDIGITAL) dan matlamat Rancangan Malaysia Ke-12 (RMK-12),&rdquo; kata Mahadhir Aziz, Ketua Pegawai Eksekutif, MDEC.

Selain menganjurkan bual bicara dan&nbsp;perbincangan topik berkenaan IoT, Data dan AI, AIDW 2021 akan menampilkan acara utama yang dianjurkan secara bersama dengan firma perunding pengurusan global, Kearney yang akan menawarkan perbincangan lebih mendalam berkenaan topik khususnya AI.

Acara tumpuan AIDW 2021 termasuklah:

<ul>
	<li>Acara Utama: AI di Malaysia &ndash; Bersaing Menuju Masa Depan ​​​​​​​</li>
</ul>

Dianjurkan secara bersama antara Kearney dan MDEC, acara utama ini menawarkan dua rundingan meja bulat eksekutif yang bertujuan untuk membincangkan apa yang perlu dilakukan Malaysia untuk merealisasikan potensi penuh AI. &nbsp;(26 Oktober, 9.00am &ndash; 12.30pm) 

&nbsp;

<ul>
	<li>Pengganggu Masa Depan: Terima, Adaptasi atau Gagal​​​​​​​​​​​​​</li>
</ul>

IoT, Data dan AI telah mendorong industri ke arah masa depan dan mengganggu proses tradisional. Untuk terus bertahan, amat penting kepada industri dalam semua sektor untuk belajar dan memahami pelaksanaan teknologi data kepada perniagaan dan pengguna.&nbsp;

(25 Oktober, 10.00am &ndash; 5.00pm)

&nbsp;

&nbsp;

<ul>
	<li>​​​Memperkasa Sektor Pertanian dengan Teknologi Digital</li>
</ul>

Dipupuk dengan kehadiran teknologi pertanian (AgTech), sesi panel yang bermakna ini akan menyaksikan petani digital berkongsi pengalaman mereka dalam mengekalkan dan meningkatkan penggunaan AgTech untuk menambah baik kesejahteraan orang ramai.

(27 Oktober, 2:30pm &ndash; 4:00pm) 

​​​​​​​

Untuk menyertai AIDW 2021, sila layari https://mdec.my/aidw.

Bersempena dengan AIDW 2021, MDEC akan memperkenalkan DataKITA.Hub, iaitu platform yang direka untuk membantu perniagaan untuk memulakan dan mengembangkan perjalanan data mereka.

Berperanan sebagai pusat sehenti untuk segala perkara berkaitan AI dan data, platform ini menawarkan peta data tempatan dan penggiat ekosistem AI yang komprehensif. Platform ini juga akan ditambah kelak dengan katalog penyedia Data Produk serta Perkhidmatan tempatan dan koleksi data berkaitan kes penggunaan serta kisah kejayaan.

Untuk maklumat lanjut berkenaan DataKITA.Hub, sila layari https://mdec.my/datakita/datakita-hub/

#TAMAT#

Mengenai Malaysia Digital Economy Corporation (MDEC) 

Malaysia Digital Economy Corporation (MDEC) adalah sebuah agensi di bawah Kementerian Komunikasi dan Multimedia Malaysia yang menerajui transformasi digital negara sejak 25 tahun lalu. Kami menetapkan sasaran untuk mewujudkan ekonomi digital yang progresif dan berinovatif.

Bagi mencapai matlamat ini, MDEC memberi tumpuan kepada empat teras DIGITAL utama iaitu Kemahiran Baharu (New skills), Penerimaan (Adoption), Pengganggu (Digital ScaleUps) dan Pelaburan (Investments). Ini membentuk asas kepada pelaksanaan rangka kerja NADI Digital yang memacu program-program terasnya untuk rakyat, industri dan para pelabur. Sasaran MDEC adalah untuk menjadikan Malaysia sebuah negara digital yang berdaya saing di peringkat global, secara inklusif, lestari dan kemakmuran bersama serta menetapkan asas yang kukuh untuk Malaysia sebagai Nadi Digital ASEAN.

#NadiDigital #SayaDigital #HeartofDigitalASEAN #MyMDEC 

Untuk mengetahui dengan lebih lanjut mengenai inisiatif-inisiatif Ekonomi Digital MDEC, layari www.mdec.my atau ikuti kami di: Facebook: https://www.facebook.com/MyMDEC/ Twitter: @mymdec

Untuk pertanyaan media sila hubungi: 

Simon Yap &ndash; simon.yap@mdec.com.my

<ul>
	<li>
	The 4ICG grant helps technology companies to scale up and increase productivity and product quality
	</li>
	<li>
	 &nbsp;Successful local applicants will be awarded up to 50 per cent of the total project cost, subject to a ceiling limit of RM2 million

	CYBERJAYA, 13 OCTOBER 2021:&nbsp;Malaysia Digital Economy Corporation (MDEC), Malaysia&rsquo;s lead&nbsp;digital economy agency, has announced the 4IR Catalyst Grant (4ICG) in support of scaling up Malaysian-based technology companies.

	The 4ICG is designed to catalyse the use and development of 4IR technology into key business verticals as outlined in the national 4th&nbsp;IR policy. The grant will be used solely for the purpose of co-creation, problem-solving and commercialisation of 4th&nbsp;IR solutions.

	Successful local applicants will be awarded up to 50 per cent of the total project cost, subject to a ceiling limit of RM2 million whichever is lower. Chosen foreign owned companies will be awarded up to 30 per cent of the total project cost, subject to a ceiling limit of RM2 million, whichever is lower.

	Grant recipients will also be onboarded into MDEC&rsquo;s GAIN programmes and&nbsp;will benefit from market access, business matching, funding facilitation and mentoring opportunities. They also stand to benefit from revenue and export increase, upskilling and increased chances in receiving investments.

	&ldquo;We introduced the 4ICG to increase productivity, product quality, improve quality of life and preserve ecological integrity of 10 key economic sectors and six supporting sectors of the Malaysian economy as outlined in the National Fourth Industrial Revolution&nbsp;Policy,&rdquo; said&nbsp;Gopi Ganesalingam, Chief Digital Industry Officer, MDEC.

	&ldquo;The grant is also expected to increase the visibility of Malaysian-based tech companies and growth in revenue and exports from Malaysian-based 4IR tech companies. This adds towards achieving the goals set forth by the Malaysia Digital Economy Blueprint (MyDIGITAL) to transform the country into a digitally-driven, high-income nation; and towards making Malaysia the Heart of Digital ASEAN,&rdquo; added&nbsp;Gopi.

	Key sectors identified for the grant applicants are wholesale and retail trade, transportation and logistics, tourism, finance and insurance, healthcare, agriculture, and education.

	Supporting sectors include construction, real estate, mining and quarrying, information and communication services, arts, entertainment, and administrative and support services.

	The grant is looking to target up to 20 applicants with duration of funding for a project period of up to one year. Closing call for submissions is in November, with the evaluation and approval process to take place by December.

	Applicants must be able to demonstrate that they have secured the commitment of the end-user to fund their share of the project cost at the time of application.

	Applicants who can demonstrate this requirement may request for a mobilisation payment not exceeding 20 per cent of the grant amount upon signing of the letter of offer issued by MDEC.

	The new 4ICG application is now open for submissions. Applicants will be able to check their eligibility criteria and register their interest here:&nbsp;https://gainmdec.awardsplatform.com/dashboard

	For more information, visit:&nbsp;https://mdec.my/4icg
	</li>
	<li>
	#END#
	</li>
</ul>

<div>&nbsp;</div>

<div>&nbsp;</div>

<div>
About Malaysia Digital Economy Corporation (MDEC)

Malaysia Digital Economy Corporation (MDEC) is the agency under the Ministry of Communications and Multimedia Malaysia leading the digital transformation of the economy for 25 years. We aim to enable a progressive, innovation-led digital economy.

To achieve this, MDEC will execute on its&nbsp;NADI&nbsp;(Nadi Digital) framework, based on the four thrusts:&nbsp;New skills,&nbsp;Adoption,&nbsp;Digital ScaleUps and&nbsp;Investments. NADI will drive our core programmes for the rakyat, industry and investors. MDEC will continue to lead Malaysia&rsquo;s digital economy forward towards becoming a&nbsp;globally competitive digital nation, anchored on innovation, sustainability and shared prosperity, firmly establishing Malaysia as the Heart of Digital ASEAN.

#MyMDEC #NadiDigital #SayaDigital #HeartofDigitalASEAN

To find out more about MDEC&rsquo;s Digital Economy initiatives, please visit us at&nbsp;www.mdec.my&nbsp;or follow us on: Facebook:&nbsp;https://www.facebook.com/MyMDEC/&nbsp;Twitter: @mymdec

For media queries, kindly contact:

Simon Yap&nbsp;&ndash;&nbsp;simon.yap@mdec.com.my
</div>

<ul>
	<li>
	The 4ICG grant helps technology companies to scale up and increase productivity and product quality
	</li>
	<li>
	 &nbsp;Successful local applicants will be awarded up to 50 per cent of the total project cost, subject to a ceiling limit of RM2 million

	CYBERJAYA, 13 OCTOBER 2021:&nbsp;Malaysia Digital Economy Corporation (MDEC), Malaysia&rsquo;s lead&nbsp;digital economy agency, has announced the 4IR Catalyst Grant (4ICG) in support of scaling up Malaysian-based technology companies.

	The 4ICG is designed to catalyse the use and development of 4IR technology into key business verticals as outlined in the national 4th&nbsp;IR policy. The grant will be used solely for the purpose of co-creation, problem-solving and commercialisation of 4th&nbsp;IR solutions.

	Successful local applicants will be awarded up to 50 per cent of the total project cost, subject to a ceiling limit of RM2 million whichever is lower. Chosen foreign owned companies will be awarded up to 30 per cent of the total project cost, subject to a ceiling limit of RM2 million, whichever is lower.

	Grant recipients will also be onboarded into MDEC&rsquo;s GAIN programmes and&nbsp;will benefit from market access, business matching, funding facilitation and mentoring opportunities. They also stand to benefit from revenue and export increase, upskilling and increased chances in receiving investments.

	&ldquo;We introduced the 4ICG to increase productivity, product quality, improve quality of life and preserve ecological integrity of 10 key economic sectors and six supporting sectors of the Malaysian economy as outlined in the National Fourth Industrial Revolution&nbsp;Policy,&rdquo; said&nbsp;Gopi Ganesalingam, Chief Digital Industry Officer, MDEC.

	&ldquo;The grant is also expected to increase the visibility of Malaysian-based tech companies and growth in revenue and exports from Malaysian-based 4IR tech companies. This adds towards achieving the goals set forth by the Malaysia Digital Economy Blueprint (MyDIGITAL) to transform the country into a digitally-driven, high-income nation; and towards making Malaysia the Heart of Digital ASEAN,&rdquo; added&nbsp;Gopi.

	Key sectors identified for the grant applicants are wholesale and retail trade, transportation and logistics, tourism, finance and insurance, healthcare, agriculture, and education.

	Supporting sectors include construction, real estate, mining and quarrying, information and communication services, arts, entertainment, and administrative and support services.

	The grant is looking to target up to 20 applicants with duration of funding for a project period of up to one year. Closing call for submissions is in November, with the evaluation and approval process to take place by December.

	Applicants must be able to demonstrate that they have secured the commitment of the end-user to fund their share of the project cost at the time of application.

	Applicants who can demonstrate this requirement may request for a mobilisation payment not exceeding 20 per cent of the grant amount upon signing of the letter of offer issued by MDEC.

	The new 4ICG application is now open for submissions. Applicants will be able to check their eligibility criteria and register their interest here:&nbsp;https://gainmdec.awardsplatform.com/dashboard

	For more information, visit:&nbsp;https://mdec.my/4icg&nbsp;
	</li>
	<li>
	#END#
	</li>
</ul>

<div>&nbsp;</div>

<div>&nbsp;</div>

<div>
About Malaysia Digital Economy Corporation (MDEC)

Malaysia Digital Economy Corporation (MDEC) is the agency under the Ministry of Communications and Multimedia Malaysia leading the digital transformation of the economy for 25 years. We aim to enable a progressive, innovation-led digital economy.

To achieve this, MDEC will execute on its&nbsp;NADI&nbsp;(Nadi Digital) framework, based on the four thrusts:&nbsp;New skills,&nbsp;Adoption,&nbsp;Digital ScaleUps and&nbsp;Investments. NADI will drive our core programmes for the rakyat, industry and investors. MDEC will continue to lead Malaysia&rsquo;s digital economy forward towards becoming a&nbsp;globally competitive digital nation, anchored on innovation, sustainability and shared prosperity, firmly establishing Malaysia as the Heart of Digital ASEAN.

#MyMDEC #NadiDigital #SayaDigital #HeartofDigitalASEAN

To find out more about MDEC&rsquo;s Digital Economy initiatives, please visit us at&nbsp;www.mdec.my&nbsp;or follow us on: Facebook:&nbsp;https://www.facebook.com/MyMDEC/&nbsp;Twitter: @mymdec

For media queries, kindly contact:

Simon Yap&nbsp;&ndash;&nbsp;simon.yap@mdec.com.my
</div>

MDEC Launches 4IR Catalyst Grant Worth Up To RM2 Million for Malaysian-Based Technology Companies

<ul>
	<li>
	Geran 4ICG bantu syarikat teknologi berkembang serta meningkatkan produktiviti dan kualiti produk
	</li>
	<li>
	Penerima tempatan yang berjaya akan dianugerahkan sehingga 50 peratus daripada kos projek, tertakluk kepada had siling RM2 juta
	</li>
</ul>

CYBERJAYA, 13 OKTOBER 2021:&nbsp;Malaysia Digital Economy Corporation (MDEC), agensi peneraju ekonomi digital, telah mengumumkan Geran Pemangkin 4IR (4ICG) untuk menyokong pengembangan syarikat teknologi yang berpusat di Malaysia.

4ICG direka untuk memangkinkan penggunaan dan pembangunan teknologi 4IR menjadi bidang perniagaan utama seperti yang termaktub di dalam&nbsp;Dasar Revolusi Perindustrian Ke-4 (4IR). Geran&nbsp;berkenaan akan digunakan untuk penciptaan bersama, penyelesai masalah dan pengkomersilan penyelesaian 4IR sahaja.&nbsp;

Penerima tempatan yang berjaya akan dianugerahkan sehingga 50 peratus daripada kos projek, tertakluk kepada had siling RM2 juta atau mana lebih rendah. Syarikat milik asing terpilih akan dianugerahkan sehingga 30 peratus daripada kos projek, tertakluk kepada had siling RM2 juta atau mana lebih rendah.

Penerima geran juga akan menyertai program GAIN MDEC dan akan menerima manfaat daripada segi akses pasaran, padanan perniagaan, fasiliti pembiayaan dan peluang mentor. Mereka juga mendapat keuntungan daripada peningkatan pendapatan dan eksport, peningkatan kemahiran dan meningkatkan peluang untuk menerima pelaburan.

&ldquo;Kami memperkenalkan&nbsp;4ICG untuk meningkatkan produktiviti, kualiti produk, meningkatkan kualiti kehidupan dan memelihara ekologi integriti dalam 10 sektor ekonomi utama dan enam sektor sokongan kepada ekonomi Malaysia seperti yang termaktub di Dasar&nbsp;Revolusi Perindustrian Ke-4 nasional,&rdquo; kata&nbsp;Gopi Ganesalingam, Pegawai Pegawai Industri Digital, MDEC.&ldquo;Geran ini juga dijangka meningkatkan&nbsp;kebolehlihatan syarikat teknologi yang berpusat di Malaysia dan pertumbuhan pendapatan serta eksport daripada syarikat teknologi 4IR yang berpusat di Malaysia. Ini merupakan tambahan kepada usaha mencapai matlamat dalam Rangka Kerja Ekonomi Digital Malaysia (MyDIGITAL), untuk mentransformasikan negara ke arah dipacu-digital, negara&nbsp;berpendapatan tinggi dan menjadikan Malaysia sebagai Nadi Digital ASEAN,&rdquo; tambah Gopi.

Sektor utama yang dikenal pasti untuk penerimaan geran ini ialah dagangan borong dan runcit, pengangkutan dan logistik, pelancongan, kewangan dan insurans, kesihatan, pertanian dan pendidikan.

Sektor sokongan pula merangkumi pembinaan, hartanah, perlombongan dan kuari, perkhidmatan maklumat dan komunikasi, kesenian, hiburan dan pentadbiran serta perkhidmatan sokongan.

Geran ini menyasarkan sehingga 20 pemohon dengan jangka masa pembiayaan untuk tempoh masa projek sehingga setahun. Tarikh tutup permohonan ialah pada November dengan proses penilaian dan kelulusan akan dibuat pada Disember.

Pemohon perlu menunjukkan bahawa mereka telah mendapat komitmen pengguna akhir untuk membiayai bahagian mereka dalam kos projek semasa permohonan dibuat.&nbsp;Pemohon yang berjaya memenuhi syarat berkenaan boleh memohon&nbsp;pembayaran mobilisasi tidak melebihi 20 peratus daripada jumlah geran setelah menandatangani surat tawaran yang dikeluarkan oleh MDEC.

​​​​​​​Pemohon baharu untuk 4ICG kini dibuka untuk permohonan. Pemohon boleh menyemak kriteria kelayakan dan mendaftar menerusi&nbsp;https://gainmdec.awardsplatform.com/dashboard.​​​​​​​

Untuk maklumat lanjut boleh layari&nbsp;https://mdec.my/4icg

#TAMAT#

&nbsp;

&nbsp;

Mengenai Malaysia Digital Economy Corporation (MDEC)

Malaysia Digital Economy Corporation (MDEC) adalah sebuah agensi di bawah Kementerian Komunikasi dan Multimedia Malaysia yang menerajui transformasi digital negara sejak 25 tahun lalu. Kami menetapkan sasaran untuk mewujudkan ekonomi digital yang progresif dan berinovatif.

Bagi mencapai matlamat ini, MDEC memberi tumpuan kepada empat teras DIGITAL utama iaitu Kemahiran Baharu (New skills), Penerimaan (Adoption), Pengganggu (Digital ScaleUps) dan Pelaburan (Investments). Ini membentuk asas kepada pelaksanaan rangka kerja NADI Digital yang memacu program-program terasnya untuk rakyat, industri dan para pelabur. Sasaran MDEC adalah untuk menjadikan Malaysia sebuah negara digital yang berdaya saing di peringkat global, secara inklusif, lestari dan kemakmuran bersama serta menetapkan asas yang kukuh untuk Malaysia sebagai Nadi Digital ASEAN.

#NadiDigital #SayaDigital #HeartofDigitalASEAN #MyMDEC

Untuk mengetahui dengan lebih lanjut mengenai inisiatif-inisiatif Ekonomi Digital MDEC, layari&nbsp;www.mdec.my&nbsp;atau ikuti kami di: Facebook:&nbsp;https://www.facebook.com/MyMDEC/&nbsp;Twitter: @mymdec

&nbsp;

&nbsp;

<ul>
	<li>
	Geran 4ICG bantu syarikat teknologi berkembang serta meningkatkan produktiviti dan kualiti produk
	</li>
	<li>
	Penerima tempatan yang berjaya akan dianugerahkan sehingga 50 peratus daripada kos projek, tertakluk kepada had siling RM2 juta
	</li>
</ul>

CYBERJAYA, 13 OKTOBER 2021:&nbsp;Malaysia Digital Economy Corporation (MDEC), agensi peneraju ekonomi digital, telah mengumumkan Geran Pemangkin 4IR (4ICG) untuk menyokong pengembangan syarikat teknologi yang berpusat di Malaysia.

4ICG direka untuk memangkinkan penggunaan dan pembangunan teknologi 4IR menjadi bidang perniagaan utama seperti yang termaktub di dalam&nbsp;Dasar Revolusi Perindustrian Ke-4 (4IR). Geran&nbsp;berkenaan akan digunakan untuk penciptaan bersama, penyelesai masalah dan pengkomersilan penyelesaian 4IR sahaja.&nbsp;

Penerima tempatan yang berjaya akan dianugerahkan sehingga 50 peratus daripada kos projek, tertakluk kepada had siling RM2 juta atau mana lebih rendah. Syarikat milik asing terpilih akan dianugerahkan sehingga 30 peratus daripada kos projek, tertakluk kepada had siling RM2 juta atau mana lebih rendah.

Penerima geran juga akan menyertai program GAIN MDEC dan akan menerima manfaat daripada segi akses pasaran, padanan perniagaan, fasiliti pembiayaan dan peluang mentor. Mereka juga mendapat keuntungan daripada peningkatan pendapatan dan eksport, peningkatan kemahiran dan meningkatkan peluang untuk menerima pelaburan.

&ldquo;Kami memperkenalkan&nbsp;4ICG untuk meningkatkan produktiviti, kualiti produk, meningkatkan kualiti kehidupan dan memelihara ekologi integriti dalam 10 sektor ekonomi utama dan enam sektor sokongan kepada ekonomi Malaysia seperti yang termaktub di Dasar&nbsp;Revolusi Perindustrian Ke-4 nasional,&rdquo; kata&nbsp;Gopi Ganesalingam, Pegawai Pegawai Industri Digital, MDEC.&ldquo;Geran ini juga dijangka meningkatkan&nbsp;kebolehlihatan syarikat teknologi yang berpusat di Malaysia dan pertumbuhan pendapatan serta eksport daripada syarikat teknologi 4IR yang berpusat di Malaysia. Ini merupakan tambahan kepada usaha mencapai matlamat dalam Rangka Kerja Ekonomi Digital Malaysia (MyDIGITAL), untuk mentransformasikan negara ke arah dipacu-digital, negara&nbsp;berpendapatan tinggi dan menjadikan Malaysia sebagai Nadi Digital ASEAN,&rdquo; tambah Gopi.

Sektor utama yang dikenal pasti untuk penerimaan geran ini ialah dagangan borong dan runcit, pengangkutan dan logistik, pelancongan, kewangan dan insurans, kesihatan, pertanian dan pendidikan.

Sektor sokongan pula merangkumi pembinaan, hartanah, perlombongan dan kuari, perkhidmatan maklumat dan komunikasi, kesenian, hiburan dan pentadbiran serta perkhidmatan sokongan.

Geran ini menyasarkan sehingga 20 pemohon dengan jangka masa pembiayaan untuk tempoh masa projek sehingga setahun. Tarikh tutup permohonan ialah pada November dengan proses penilaian dan kelulusan akan dibuat pada Disember.

Pemohon perlu menunjukkan bahawa mereka telah mendapat komitmen pengguna akhir untuk membiayai bahagian mereka dalam kos projek semasa permohonan dibuat.&nbsp;Pemohon yang berjaya memenuhi syarat berkenaan boleh memohon&nbsp;pembayaran mobilisasi tidak melebihi 20 peratus daripada jumlah geran setelah menandatangani surat tawaran yang dikeluarkan oleh MDEC.

​​​​​​​Pemohon baharu untuk 4ICG kini dibuka untuk permohonan. Pemohon boleh menyemak kriteria kelayakan dan mendaftar menerusi&nbsp;https://gainmdec.awardsplatform.com/dashboard.​​​​​​​

Untuk maklumat lanjut boleh layari&nbsp;https://mdec.my/4icg

#TAMAT#

&nbsp;

&nbsp;

Mengenai Malaysia Digital Economy Corporation (MDEC)

Malaysia Digital Economy Corporation (MDEC) adalah sebuah agensi di bawah Kementerian Komunikasi dan Multimedia Malaysia yang menerajui transformasi digital negara sejak 25 tahun lalu. Kami menetapkan sasaran untuk mewujudkan ekonomi digital yang progresif dan berinovatif.

Bagi mencapai matlamat ini, MDEC memberi tumpuan kepada empat teras DIGITAL utama iaitu Kemahiran Baharu (New skills), Penerimaan (Adoption), Pengganggu (Digital ScaleUps) dan Pelaburan (Investments). Ini membentuk asas kepada pelaksanaan rangka kerja NADI Digital yang memacu program-program terasnya untuk rakyat, industri dan para pelabur. Sasaran MDEC adalah untuk menjadikan Malaysia sebuah negara digital yang berdaya saing di peringkat global, secara inklusif, lestari dan kemakmuran bersama serta menetapkan asas yang kukuh untuk Malaysia sebagai Nadi Digital ASEAN.

#NadiDigital #SayaDigital #HeartofDigitalASEAN #MyMDEC

Untuk mengetahui dengan lebih lanjut mengenai inisiatif-inisiatif Ekonomi Digital MDEC, layari&nbsp;www.mdec.my&nbsp;atau ikuti kami di: Facebook:&nbsp;https://www.facebook.com/MyMDEC/&nbsp;Twitter: @mymdec

&nbsp;

​​​​​​​

(BM) MDEC Lancar Geran Pemangkin 4IR Bernilai Sehingga RM2 juta kepada Syarikat Teknologi Berpusat di Malaysia

<ul>
	<li>
	Kerjasama antara MDEC dan MDA untuk menyediakan pandangan, webinar dan latihan digital kepada ahli dan bukan ahli MDA.
	</li>
	<li>
	Beberapa siri kerjasama akan dimulai dengan program MDA@School, yang menawarkan program latihan berkaitan dengan bakat Malaysia.
	</li>
</ul>

&nbsp;

CYBERJAYA, 12 OKTOBER 2021:&nbsp;Malaysia Digital Economy Corporation (MDEC), agensi peneraju ekonomi digital negara, dan Persatuan Digital Malaysia (MDA) hari ini mengumumkan kerjasama untuk memupuk kolaborasi menerusi program inovasi korporat, bimbingan dan pemacu untuk meningkatkan kesedaran berkenaan inisiatif yang akan memberi manfaat kepada ekosistem ekonomi digital.

&nbsp;

Sebahagian daripada perjanjian berkenaan, MDEC dan MDA akan menganjurkan siri perbincangan libat urus yang dikenali sebagai Digital Wednesday, pada setiap suku tahun. Sesi tersebut akan menampilkan tetamu terkemuka dan pakar industri serta barisan kepimpinan MDEC, yang akan berkongsi pandangan dan pembangunan bakat terkini, pelaburan dan pelan digital untuk menyumbang kepada pertumbuhan ekosistem ekonomi digital Malaysia.

&nbsp;

&ldquo;Kami amat teruja untuk mengumumkan kerjasama dengan MDA, kerana ketika ini kami sedang giat melaksanakan pelbagai inisiatif untuk menambah baik dan memacu ekosistem ekonomi digital menerusi kempen utama kami iaitu #SayaDigital dan Nadi Digital ASEAN.

&nbsp;

&ldquo;Kami sangat optimistik bahawa kerjasama ini akan mencipta lebih banyak peluang bukan sahaja kepada ahli tetapi juga bukan ahli, seterusnya memajukan ekonomi digital secara inklusif selaras dengan Rangka Tindakan Ekonomi Digital Malaysia (MyDIGITAL) dan Wawasan Kemakmuran&nbsp;Bersama 2030,&rdquo; kata Raymond Siva, Naib Presiden Kanan, Pelaburan &amp;&nbsp;Jenama dan Ketua Pegawai Pemasaran, MDEC.

&nbsp;

Kerjasama ini akan bermula pada bulan ini dengan penglibatan MDEC dalam platform pembelajaran industri khas MDA seperti MDA@School yang antaranya menyediakan program pensijilan bersama. Inisiatif ini ialah program julung kali yang dilaksanakan dan dianjurkan oleh kedua-dua buah organisasi ini untuk pihak industri.

&nbsp;

Program berkenaan akan merangkumi Digital Wednesday, iaitu acara rangkaian industri suku tahunan MDA, perkongsian dan pembelajaran. Selain itu, buat pertama kali, MDEC akan terlibat dalam Anugerah MDA 2021, acara tahunan yang mengiktiraf dan menghargai bakat, agensi, jenama, penerbit dan penyedia perkhidmatan digital yang mengadaptasi dan menggunakan teknologi digital.

&nbsp;

&ldquo;Kami&nbsp;sangat gembira dengan kerjasama strategik baharu dengan MDEC ini. Kerjasama ini adalah penting, kerana ia membolehkan MDA dan MDEC untuk bekerjasama dalam memacu industri ke hadapan untuk mereka yang terlibat dalam sebarang perniagaan digital. Ia juga akan mengukuhkan kedudukan MDA sebagai penggiat penting bersama dengan MDEC dalam memperkasa industri dan&nbsp;terus memacu negara ke tahap lebih tinggi,&rdquo; kata Nicholas Sagau, Presiden MDA dan Ketua Pegawai&nbsp;Operasi, REV Media Group, sayap digital Media Prima Berhad.

&nbsp;

Untuk maklumat lanjut berkenaan MDA@School dan Digital Wednesday, sila layari&nbsp;https://www.malaysiandigitalassociation.org.my&nbsp;

&nbsp;

&nbsp;

#TAMAT#

<ul>
	<li>
	Kerjasama antara MDEC dan MDA untuk menyediakan pandangan, webinar dan latihan digital kepada ahli dan bukan ahli MDA.
	</li>
	<li>
	Beberapa siri kerjasama akan dimulai dengan program MDA@School, yang menawarkan program latihan berkaitan dengan bakat Malaysia.
	</li>
</ul>

&nbsp;

CYBERJAYA, 12 OKTOBER 2021:&nbsp;Malaysia Digital Economy Corporation (MDEC), agensi peneraju ekonomi digital negara, dan Persatuan Digital Malaysia (MDA) hari ini mengumumkan kerjasama untuk memupuk kolaborasi menerusi program inovasi korporat, bimbingan dan pemacu untuk meningkatkan kesedaran berkenaan inisiatif yang akan memberi manfaat kepada ekosistem ekonomi digital.

&nbsp;

Sebahagian daripada perjanjian berkenaan, MDEC dan MDA akan menganjurkan siri perbincangan libat urus yang dikenali sebagai Digital Wednesday, pada setiap suku tahun. Sesi tersebut akan menampilkan tetamu terkemuka dan pakar industri serta barisan kepimpinan MDEC, yang akan berkongsi pandangan dan pembangunan bakat terkini, pelaburan dan pelan digital untuk menyumbang kepada pertumbuhan ekosistem ekonomi digital Malaysia.

&nbsp;

&ldquo;Kami amat teruja untuk mengumumkan kerjasama dengan MDA, kerana ketika ini kami sedang giat melaksanakan pelbagai inisiatif untuk menambah baik dan memacu ekosistem ekonomi digital menerusi kempen utama kami iaitu #SayaDigital dan Nadi Digital ASEAN.

&nbsp;

&ldquo;Kami sangat optimistik bahawa kerjasama ini akan mencipta lebih banyak peluang bukan sahaja kepada ahli tetapi juga bukan ahli, seterusnya memajukan ekonomi digital secara inklusif selaras dengan Rangka Tindakan Ekonomi Digital Malaysia (MyDIGITAL) dan Wawasan Kemakmuran&nbsp;Bersama 2030,&rdquo; kata Raymond Siva, Naib Presiden Kanan, Pelaburan &amp;&nbsp;Jenama dan Ketua Pegawai Pemasaran, MDEC.

&nbsp;

Kerjasama ini akan bermula pada bulan ini dengan penglibatan MDEC dalam platform pembelajaran industri khas MDA seperti MDA@School yang antaranya menyediakan program pensijilan bersama. Inisiatif ini ialah program julung kali yang dilaksanakan dan dianjurkan oleh kedua-dua buah organisasi ini untuk pihak industri.

&nbsp;

Program berkenaan akan merangkumi Digital Wednesday, iaitu acara rangkaian industri suku tahunan MDA, perkongsian dan pembelajaran. Selain itu, buat pertama kali, MDEC akan terlibat dalam Anugerah MDA 2021, acara tahunan yang mengiktiraf dan menghargai bakat, agensi, jenama, penerbit dan penyedia perkhidmatan digital yang mengadaptasi dan menggunakan teknologi digital.

&nbsp;

&ldquo;Kami&nbsp;sangat gembira dengan kerjasama strategik baharu dengan MDEC ini. Kerjasama ini adalah penting, kerana ia membolehkan MDA dan MDEC untuk bekerjasama dalam memacu industri ke hadapan untuk mereka yang terlibat dalam sebarang perniagaan digital. Ia juga akan mengukuhkan kedudukan MDA sebagai penggiat penting bersama dengan MDEC dalam memperkasa industri dan&nbsp;terus memacu negara ke tahap lebih tinggi,&rdquo; kata Nicholas Sagau, Presiden MDA dan Ketua Pegawai&nbsp;Operasi, REV Media Group, sayap digital Media Prima Berhad.

&nbsp;

Untuk maklumat lanjut berkenaan MDA@School dan Digital Wednesday, sila layari&nbsp;https://www.malaysiandigitalassociation.org.my&nbsp;

&nbsp;

&nbsp;

<div>#TAMAT#</div>

(BM) MDEC Berkolaborasi dengan MDA untuk Memacu Ekosistem Ekonomi Digital

<ul>
	<li>Collaboration between MDEC and MDA to provide digital insights, webinars and trainings for MDA members and non-members</li>
	<li>Series of collaborations will kick off with MDA @ School programme, set to offer relevant training programmes to Malaysian talents</li>
</ul>

<div>&nbsp;</div>

CYBERJAYA, 12 OCTOBER 2021:&nbsp;The Malaysia Digital Economy Corporation (MDEC),&nbsp;Malaysia&rsquo;s lead agency in digital economy,&nbsp;and Malaysia Digital Association (MDA) today announced an agreement to foster collaborations through corporate innovation, mentorship, and accelerator programmes to raise awareness on initiatives set to benefit the digital economy ecosystem.

&nbsp;

As part of the agreement, both MDEC and MDA are set to organise a speaking engagement series called Digital Wednesday, on a quarterly basis. The sessions will feature prominent industry speakers&nbsp;and experts as well as MDEC&rsquo;s leadership team&nbsp;who will share insights and the latest on talent development, digital investments and plans to further contribute to grow&nbsp;Malaysia&rsquo;s digital economy ecosystem.

&nbsp;

&ldquo;We are excited to announce this partnership with MDA as we seek to further push ahead with&nbsp;initiatives to enhance and catalyse our digital economy ecosystem through our brand campaigns, #SayaDigital and Malaysia, Heart of Digital ASEAN.

&nbsp;

&ldquo;We are optimistic that the partnership will create more opportunities for not just the members&nbsp;but also non-members, thereby advancing an inclusive digital economy in line with the&nbsp;Malaysia Digital Economy Blueprint (MyDIGITAL) and Shared Prosperity Vision 2030,&rdquo; said&nbsp;Raymond Siva, Senior Vice President, Investment and Brand and Chief Marketing Officer, MDEC.

&nbsp;

The collaboration will kick off this month with MDEC&#39;s involvement in MDA&#39;s signature industry learning platform, MDA School, which provides joint certification programmes, among others. This initiative will be the first of many programmes held by both organisations for the industry, which include Digital Wednesday - MDA&#39;s quarterly industry networking, sharing and learning event. And, for the first time, MDEC will be involved in MDA&#39;s d Awards 2022, an annual event that recognises and honours the talents, agencies, brands, publishers and digital service providers that embrace and use digital technologies.

&nbsp;

&quot;We are thrilled with this new strategic partnership with MDEC. This partnership is significant; it allows MDA and MDEC to work together in driving the industry forward for those involved in any digital business out there. This also establishes MDA as a critical player together with MDEC in empowering the industry and continuing to progress the nation to the next level,&quot; said Nicholas Sagau, MDA President and Chief Operating Officer REV Media Group, the digital arm of Media Prima Berhad.

&nbsp;

For more information on the MDA School and Digital Wednesday, kindly visit&nbsp;https://www.malaysiandigitalassociation.org.my/

&nbsp;

#END#

&nbsp;

&nbsp;

&nbsp;

About Malaysia Tech Month 2021

Malaysia Tech Month 2021 (MTM 2021) is a virtual, month-long curation of electrifying digital and technology keynotes, workshops, discussion panels and business-matching sessions. It will feature distinguished group of local and international industry speakers and investors to share their expert thoughts and experiences in 4IR-driven digital economy.

&nbsp;

MTM 2021 will see exciting programmes that will allow the spotlight to be shone upon digital ecosystem leaders and creators, leading-edge companies as well as talents, enabling all stakeholders to discover new perspectives on domestic and global trends in artificial intelligence, drone tech, data analytics, fintech and digital workforce.

&nbsp;

Drawing out new tech conversations from public sector and enterprise decision makers, entrepreneurial and academic circles, MTM 2021 aims to drive MDEC&#39;s aspirations in establishing Malaysia as the Heart of Digital ASEAN and further reinforce Malaysia&#39;s position as the first-mover for the rise of the digital economy in the present and post-pandemic era.

&nbsp;

To find out more about MDEC&rsquo;s Digital Economy initiatives, please&nbsp;visit us at&nbsp;www.mdec.my&nbsp;or follow us on: Facebook:&nbsp;https://www.facebook.com/MyMDEC/&nbsp;Twitter: @mymdec

&nbsp;

<ul>
	<li>Collaboration between MDEC and MDA to provide digital insights, webinars and trainings for MDA members and non-members</li>
	<li>Series of collaborations will kick off with MDA @ School programme, set to offer relevant training programmes to Malaysian talents</li>
</ul>

&nbsp;

<div>&nbsp;</div>

CYBERJAYA, 12 OCTOBER 2021:&nbsp;The Malaysia Digital Economy Corporation (MDEC),&nbsp;Malaysia&rsquo;s lead agency in digital economy,&nbsp;and Malaysia Digital Association (MDA) today announced an agreement to foster collaborations through corporate innovation, mentorship, and accelerator programmes to raise awareness on initiatives set to benefit the digital economy ecosystem.

As part of the agreement, both MDEC and MDA are set to organise a speaking engagement series called Digital Wednesday, on a quarterly basis. The sessions will feature prominent industry speakers&nbsp;and experts as well as MDEC&rsquo;s leadership team&nbsp;who will share insights and the latest on talent development, digital investments and plans to further contribute to grow&nbsp;Malaysia&rsquo;s digital economy ecosystem.

&ldquo;We are excited to announce this partnership with MDA as we seek to further push ahead with&nbsp;initiatives to enhance and catalyse our digital economy ecosystem through our brand campaigns, #SayaDigital and Malaysia, Heart of Digital ASEAN.

&ldquo;We are optimistic that the partnership will create more opportunities for not just the members&nbsp;but also non-members, thereby advancing an inclusive digital economy in line with the&nbsp;Malaysia Digital Economy Blueprint (MyDIGITAL) and Shared Prosperity Vision 2030,&rdquo; said&nbsp;Raymond Siva, Senior Vice President, Investment and Brand and Chief Marketing Officer, MDEC.

The collaboration will kick off this month with MDEC&#39;s involvement in MDA&#39;s signature industry learning platform, MDA School, which provides joint certification programmes, among others. This initiative will be the first of many programmes held by both organisations for the industry, which include Digital Wednesday - MDA&#39;s quarterly industry networking, sharing and learning event. And, for the first time, MDEC will be involved in MDA&#39;s d Awards 2022, an annual event that recognises and honours the talents, agencies, brands, publishers and digital service providers that embrace and use digital technologies.

&quot;We are thrilled with this new strategic partnership with MDEC. This partnership is significant; it allows MDA and MDEC to work together in driving the industry forward for those involved in any digital business out there. This also establishes MDA as a critical player together with MDEC in empowering the industry and continuing to progress the nation to the next level,&quot; said Nicholas Sagau, MDA President and Chief Operating Officer REV Media Group, the digital arm of Media Prima Berhad.

For more information on the MDA School and Digital Wednesday, kindly visit&nbsp;https://www.malaysiandigitalassociation.org.my/

&nbsp;

#END#

&nbsp;

&nbsp;

&nbsp;

About Malaysia Tech Month 2021

Malaysia Tech Month 2021 (MTM 2021) is a virtual, month-long curation of electrifying digital and technology keynotes, workshops, discussion panels and business-matching sessions. It will feature distinguished group of local and international industry speakers and investors to share their expert thoughts and experiences in 4IR-driven digital economy.

MTM 2021 will see exciting programmes that will allow the spotlight to be shone upon digital ecosystem leaders and creators, leading-edge companies as well as talents, enabling all stakeholders to discover new perspectives on domestic and global trends in artificial intelligence, drone tech, data analytics, fintech and digital workforce.

Drawing out new tech conversations from public sector and enterprise decision makers, entrepreneurial and academic circles, MTM 2021 aims to drive MDEC&#39;s aspirations in establishing Malaysia as the Heart of Digital ASEAN and further reinforce Malaysia&#39;s position as the first-mover for the rise of the digital economy in the present and post-pandemic era.

&nbsp;

To find out more about MDEC&rsquo;s Digital Economy initiatives, please&nbsp;visit us at&nbsp;www.mdec.my&nbsp;or follow us on: Facebook:&nbsp;https://www.facebook.com/MyMDEC/&nbsp;Twitter: @mymdec

&nbsp;

MDEC Teams Up With MDA to Catalyse Digital Economy Ecosystem

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