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.

&nbsp;

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

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

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.

&nbsp;

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.

&nbsp;

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. 

&nbsp;

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.

&nbsp;

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.

&nbsp;

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.

&nbsp;

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>.

&nbsp;

-END-

&nbsp;

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, 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. 

&nbsp;

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.

&nbsp;

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.

&nbsp;

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.

&nbsp;

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>

&nbsp;

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

&nbsp;

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. 

&nbsp;

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.

&nbsp;

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

&nbsp;

-END-

&nbsp;

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.

&nbsp;

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. 

&nbsp;

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.

&nbsp;

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.

&nbsp;

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; 

&nbsp;

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;

&nbsp;

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.

&nbsp;

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;

&nbsp;

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

&nbsp;

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.

&nbsp;

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.

&nbsp;

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.

&nbsp;

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>. 

&nbsp;

-END-

&nbsp;

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.

&nbsp;

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. 

&nbsp;

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.

&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 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.

&nbsp;

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.

&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, 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.

&nbsp;

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. 

&nbsp;

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.

&nbsp;

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

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

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

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

(BM) MDEC Umum AI and Data Week 2021 untuk Terus Memangkinkan Adaptasi Teknologi

&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

<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

<h4>Double Eleven Doubles Down in Malaysia with Expansion of KL Office</h4>

Double Eleven Doubles Down in Malaysia with Expansion of KL Office

<h4>(BM) Double Eleven Mengukuhkan Operasi di Malaysia dengan Membina Pejabat Baharu di Kuala Lumpur</h4>

(BM) Double Eleven Mengukuhkan Operasi di Malaysia dengan Membina Pejabat Baharu di Kuala Lumpur

<h4>MDEC&rsquo;s #MyDigitalMaker Fair Returns To Inspire Young Digital Makers</h4>

MDEC’s #MyDigitalMaker Fair Returns To Inspire Young Digital Makers

(BM) Karnival #MyDigitalMaker MDEC Kembali Untuk Inspirasi Penggiat Digital Muda

<h4>MDEC collaborates with UKM, MoE to offer educational pathway for gifted young innovators</h4>

MDEC collaborates with UKM, MoE to offer educational pathway for gifted young innovators

<h4>(BM) MDEC bekerjasama dengan UKM dan KPM untuk tawar haluan pendidikan bagi lahirkan penginovasi muda berbakat</h4>

(BM) MDEC bekerjasama dengan UKM dan KPM untuk tawar haluan pendidikan bagi lahirkan penginovasi muda berbakat

<h4>85 Percent of Malaysian Companies See the Need to Equip their Employees with Digital Skills</h4>

85 Percent of Malaysian Companies See the Need to Equip their Employees with Digital Skills

<h4>(BM) 85 Peratus Syarikat di Malaysia Menyatakan Keperluan untuk Melengkapkan Pekerja Mereka dengan Kemahiran Digital</h4>

(BM) 85 Peratus Syarikat di Malaysia Menyatakan Keperluan untuk Melengkapkan Pekerja Mereka dengan Kemahiran Digital

<h4>MDEC DENIES OFFERING VOUCHERS FOR CASH FOR BUSINESSES</h4>

MDEC DENIES OFFERING VOUCHERS FOR CASH FOR BUSINESSES

<h4>(BM) MDEC NAFI TAWAR BAUCAR UNTUK TUNAI KEPADA PERNIAGAAN</h4>

(BM) MDEC NAFI TAWAR BAUCAR UNTUK TUNAI KEPADA PERNIAGAAN

<h4>MDEC DataKITA Empowers Digital Ecosystem for the New World Order</h4>

MDEC DataKITA Empowers Digital Ecosystem for the New World Order

<h4>(BM) DataKITA MDEC Memperkasa Ekonomi Digital dalam Era Baharu Dunia</h4>

(BM) DataKITA MDEC Memperkasa Ekonomi Digital dalam Era Baharu Dunia

<h4>MDEC Will Drive Digital Agenda With Launch Of Twelfth Malaysia Plan</h4>

MDEC Will Drive Digital Agenda With Launch Of Twelfth Malaysia Plan

<h4>(BM) MDEC Akan Memacu Agenda Digital dengan Pelancaran Rancangan Malaysia Ke-12</h4>

(BM) MDEC Akan Memacu Agenda Digital dengan Pelancaran Rancangan Malaysia Ke-12

<h4>MDEC&rsquo;s Go-eCommerce Expo Returns to Boost eCommerce Adoption</h4>

MDEC’s Go-eCommerce Expo Returns to Boost eCommerce Adoption

<h4>(BM) Ekspo Go-eCommerce MDEC Kembali untuk Meningkatkan Adaptasi eDagang</h4>

(BM) Ekspo Go-eCommerce MDEC Kembali untuk Meningkatkan Adaptasi eDagang

<h4>MDEC Partners CEDAR to Render Digitalisation Assistance towards Economic Recovery for SMEs</h4>

MDEC Partners CEDAR to Render Digitalisation Assistance towards Economic Recovery for SMEs

<h4>(BM) MDEC Kerjasama dengan CEDAR untuk Menyediakan Bantuan Pendigitalan ke Arah Pemulihan Ekonomi kepada PKS</h4>

(BM) MDEC Kerjasama dengan CEDAR untuk Menyediakan Bantuan Pendigitalan ke Arah Pemulihan Ekonomi kepada PKS

<h4>Opinion Editorial: Striving for a Digitally-United &amp; Sovereign Malaysia</h4>

Opinion Editorial: Striving for a Digitally-United & Sovereign Malaysia

<h4>(BM) Bersama ke Arah Kesatuan &amp; Kedaulatan Digital</h4>

(BM) Bersama ke Arah Kesatuan & Kedaulatan Digital

<h4>MDEC and EasyStore Launch Malaysia Select Campaign In Helping Local Businesses to Expand to Taiwan</h4>

MDEC and EasyStore Launch Malaysia Select Campaign In Helping Local Businesses to Expand to Taiwan

<h4>(BM) MDEC dan EasyStore Melancarkan Kempen Pilih Malaysia Bantu Perniagaan Tempatan Berkembang ke Taiwan</h4>

(BM) MDEC dan EasyStore Melancarkan Kempen Pilih Malaysia Bantu Perniagaan Tempatan Berkembang ke Taiwan

<h4>Global Tech Titans Agree Malaysia Remains an Attractive Digital Global Business Services Hub</h4>

Global Tech Titans Agree Malaysia Remains an Attractive Digital Global Business Services Hub

<h4>Gergasi Teknologi Global Setuju Malaysia Kekal Sebagai Hab Perkhidmatan Perniagaan Digital Global</h4>

Gergasi Teknologi Global Setuju Malaysia Kekal Sebagai Hab Perkhidmatan Perniagaan Digital Global

STATEMENT ON RISE CONFERENCE

<h4>KENYATAAN MENGENAI PERSIDANGAN RISE</h4>

KENYATAAN MENGENAI PERSIDANGAN RISE

<h4>Mahadhir Aziz Takes the Rein as MDEC CEO</h4>

Mahadhir Aziz Takes the Rein as MDEC CEO

<h4>(BM) Mahadhir Aziz terajui kepimpinan MDEC sebagai Ketua Pegawai Eksekutif baharu, komited untuk terus memacu transformasi digital Malaysia</h4>

(BM) Mahadhir Aziz terajui kepimpinan MDEC sebagai Ketua Pegawai Eksekutif baharu, komited untuk terus memacu transformasi digital Malaysia

<h4>ASEAN&rsquo;s Largest Tech Festival &ndash; Malaysia Tech Month 2021 Sees Surge of Investment Interest</h4>

ASEAN’s Largest Tech Festival – Malaysia Tech Month 2021 Sees Surge of Investment Interest

<h4>(BM) Temasya Teknologi Terbesar ASEAN &ndash; Malaysia Tech Month 2021 Lonjak Potensi Pelaburan</h4>

(BM) Temasya Teknologi Terbesar ASEAN – Malaysia Tech Month 2021 Lonjak Potensi Pelaburan

<h4>MDEC Launches 2021 #SMART Automation Grant</h4>

MDEC Launches 2021 #SMART Automation Grant

<h4>(BM) MDEC Lancar Geran Automasi Pintar 2021</h4>

(BM) MDEC Lancar Geran Automasi Pintar 2021

<h4>MDEC Launches Global Technology Grant to Nurture Global Champions by Empowering R&amp;D and Innovation</h4>

MDEC Launches Global Technology Grant to Nurture Global Champions by Empowering R&D and Innovation

<h4>(BM) MDEC Lancar Geran Teknologi Global untuk Memupuk Juara Global dengan Memperkasa R&amp;D dan Inovasi</h4>

(BM) MDEC Lancar Geran Teknologi Global untuk Memupuk Juara Global dengan Memperkasa R&D dan Inovasi

<h4>MDEC&rsquo;s GAIN Connex 2021 and Tech Ecosystem and Globalisation Initiatives Fuel Malaysian Tech Companies to Expand on the Global Stage</h4>

MDEC’s GAIN Connex 2021 and Tech Ecosystem and Globalisation Initiatives Fuel Malaysian Tech Companies to Expand on the Global Stage

<h4>(BM) GAIN Connex 2021 dan Inisiatif Teknologi Ekosistem dan Globalisasi MDEC Bantu Syarikat Teknologi Malaysia Berkembang ke Peringkat Global</h4>

(BM) GAIN Connex 2021 dan Inisiatif Teknologi Ekosistem dan Globalisasi MDEC Bantu Syarikat Teknologi Malaysia Berkembang ke Peringkat Global

<h4>Week Four of Malaysia Tech Month 2021 Dives into the Trends, Technology and Talents that are the Digital Disruptors of Today</h4>

Week Four of Malaysia Tech Month 2021 Dives into the Trends, Technology and Talents that are the Digital Disruptors of Today

<h4>(BM) Minggu Keempat Malaysia Tech Month 2021 Terokai Tren, Teknologi dan Bakat yang Merupakan Pengganggu Digital Masa Kini</h4>

(BM) Minggu Keempat Malaysia Tech Month 2021 Terokai Tren, Teknologi dan Bakat yang Merupakan Pengganggu Digital Masa Kini

<h4>MDEC and LinkedIn Ink MoU to Help Enhance Digital Talents and Business</h4>

MDEC and LinkedIn Ink MoU to Help Enhance Digital Talents and Business

<h4>(BM) MDEC dan LinkedIn Tandatangani MoU untuk Bantu Meningkatkan Bakat dan Perniagaan Digital</h4>

(BM) MDEC dan LinkedIn Tandatangani MoU untuk Bantu Meningkatkan Bakat dan Perniagaan Digital

<h4>MDEC Partners Draper Startup House to Launch the Founders Grindstone Bootcamp</h4>

MDEC Partners Draper Startup House to Launch the Founders Grindstone Bootcamp

<h4>(BM) MDEC Kerjasama dengan Draper Startup House untuk Lancar Founders Grindstone Bootcamp</h4>

(BM) MDEC Kerjasama dengan Draper Startup House untuk Lancar Founders Grindstone Bootcamp

<h4>MDEC Answers SOS By Communities Affected by Pandemic</h4>

MDEC Answers SOS By Communities Affected by Pandemic

<h4>(BM) MDEC Hulur Bantuan Kepada Masyarakat Terkesan Akibat Pandemik</h4>

(BM) MDEC Hulur Bantuan Kepada Masyarakat Terkesan Akibat Pandemik

<h4>MDEC Appoints Romainor Ismail as Procurement Director</h4>

MDEC Appoints Romainor Ismail as Procurement Director

<h4>(BM) MDEC Lantik Romainor Ismail Sebagai Pengarah Perolehan</h4>

(BM) MDEC Lantik Romainor Ismail Sebagai Pengarah Perolehan

<h4>MDEC CEO SURINA SHUKRI MOVES ON TO NEW INTERESTS</h4>

MDEC CEO SURINA SHUKRI MOVES ON TO NEW INTERESTS

<h4>MDEC&rsquo;s Enhanced Digital Skills Training Directory Helps Companies in Digital Reskilling and Upskilling</h4>

MDEC’s Enhanced Digital Skills Training Directory Helps Companies in Digital Reskilling and Upskilling

<h4>(BM) MDEC Tambah Baik Direktori Latihan Kemahiran Digital Bantu Syarikat dalam Latihan Semula dan Peningkatan Kemahiran</h4>

(BM) MDEC Tambah Baik Direktori Latihan Kemahiran Digital Bantu Syarikat dalam Latihan Semula dan Peningkatan Kemahiran

<h4>#MyDigitalWorkforce Week of MTM&rsquo;21 Set to Offer 5,000 Job Vacancies, Digital Skilling Opportunities to the Malaysian Workforce</h4>

#MyDigitalWorkforce Week of MTM’21 Set to Offer 5,000 Job Vacancies, Digital Skilling Opportunities to the Malaysian Workforce

<h4>(BM) #MyDigitalWorkforce Week di MTM&rsquo;21 Tawar 5,000 Peluang Pekerjaan dan Kemahiran Digital Kepada Tenaga Kerja Malaysia</h4>

(BM) #MyDigitalWorkforce Week di MTM’21 Tawar 5,000 Peluang Pekerjaan dan Kemahiran Digital Kepada Tenaga Kerja Malaysia

<h4>MDEC Launches SME Digital Guidebook to Empower Digitalisation for the F&amp;B and Retail Industry</h4>

MDEC Launches SME Digital Guidebook to Empower Digitalisation for the F&B and Retail Industry

<h4>(BM) MDEC Lancar Buku Panduan Digital PKS untuk Memperkasa Pendigitalan Industri F&amp;B dan Peruncitan</h4>

(BM) MDEC Lancar Buku Panduan Digital PKS untuk Memperkasa Pendigitalan Industri F&B dan Peruncitan

<h4>MDEC and Schott AG Announce International IT Competence Centre</h4>

MDEC and Schott AG Announce International IT Competence Centre

<h4>(BM) MDEC dan Schott AG Umum Pusat Kecekapan IT Antarabangsa</h4>

(BM) MDEC dan Schott AG Umum Pusat Kecekapan IT Antarabangsa

<h4>MDEC Appoints Richard Loh as Chief Innovation &amp; Technology Officer</h4>

MDEC Appoints Richard Loh as Chief Innovation & Technology Officer

<h4>(BM) MDEC Lantik Richard Loh Sebagai Ketua Pegawai Inovasi &amp; Teknologi</h4>

(BM) MDEC Lantik Richard Loh Sebagai Ketua Pegawai Inovasi & Teknologi

<h4>Week Two of Malaysia Tech Month 2021 Empowers Businesses to Embrace Digitalisation and 4IR tools</h4>

Week Two of Malaysia Tech Month 2021 Empowers Businesses to Embrace Digitalisation and 4IR tools

<h4>MDEC LEVEL UP KL Announces SEA Games Awards 2021</h4>

MDEC LEVEL UP KL Announces SEA Games Awards 2021

<h4>MIDA AMALGAMATES WITH MDEC ON DIGITAL INVESTMENT OFFICE (DIO)</h4>

MIDA AMALGAMATES WITH MDEC ON DIGITAL INVESTMENT OFFICE (DIO)

<h4>(BM) MDEC Sambut Jubli Perak &ndash; 25 Tahun Memacu Transformasi Digital Malaysia</h4>

(BM) MDEC Sambut Jubli Perak – 25 Tahun Memacu Transformasi Digital Malaysia

<h4>MDEC Celebrates Silver Jubilee &ndash; 25 Years of Driving Digital Transformation of Malaysia</h4>

MDEC Celebrates Silver Jubilee – 25 Years of Driving Digital Transformation of Malaysia

<h4>Week One of Malaysia Tech Month 2021 Promises Deep, Engaging Insights into Malaysia as the Heart of Digital Investments</h4>

Week One of Malaysia Tech Month 2021 Promises Deep, Engaging Insights into Malaysia as the Heart of Digital Investments

<h4>(BM) Minggu Pertama Malaysia Tech Month 2021 janjikan perbincangan mendalam, sekaligus menjadikan Malaysia sebagai Nadi Pelaburan Digital</h4>

(BM) Minggu Pertama Malaysia Tech Month 2021 janjikan perbincangan mendalam, sekaligus menjadikan Malaysia sebagai Nadi Pelaburan Digital

<h2>IMPORTANT ANNOUNCEMENT:</h2>

<h2>UPDATE ON MSC MALAYSIA STATUS TAX INCENTIVE: 
GUIDELINES FOR EXISTING MSC MALAYSIA STATUS COMPANIES (SERVICES)</h2>

Dear Esteemed Client,

We refer to all previous announcements issued by MDEC regarding the implementation of the international taxation standards under the Organisation for Economic Co-operation and Development (OECD), Base Erosion and Profit Shifting (BEPS) Action 5.

We are pleased to inform that a set of Guidelines has been approved by the Government for existing MSC Malaysia Status companies which are impacted by the aforesaid exercise.

Details of planned briefing sessions to be held in KL, Penang and Johor will be announced soon. We will share the information as soon as it is available.​​​​​​​

Thank you.

Issued by Malaysia Digital Economy Corporation Sdn Bhd (MDEC)

IMPORTANT ANNOUNCEMENT:

UPDATE ON MSC MALAYSIA STATUS TAX INCENTIVE: GUIDELINES FOR EXISTING MSC MALAYSIA STATUS COMPANIES (SERVICES)

UPDATE ON MSC MALAYSIA STATUS TAX INCENTIVE:
GUIDELINES FOR EXISTING MSC MALAYSIA STATUS COMPANIES (SERVICES)