Digital economy to contribute 25.5 pct to GDP by 2025

KUALA LUMPUR: The digital economy is expected to contribute 25.5 per cent to the country’s gross domestic product (GDP) by 2025, according to the 12th Malaysia Plan (12MP) document released by the Economic Planning Unit (EPU) today. The contribution of e-commerce activities to the GDP, meanwhile, is targeted at 10.5 per cent under the country’s […]

483 people waiting to be Foodpanda riders

BY SITI NURAIN RATANI KUCHING: More people are interested to join Foodpanda as delivery riders in Kuching after the Sarawak government emphasised the digital economy. Kuching Division Foodpanda head (Panda Champion Kuching Zone), Allister Agan Trang, 44, said in the city, 483 people were currently on the waiting list. “There has also been an increase […]

MDEC announces DIF5 strategy in advancing Malaysia’s digital economy

KUALA LUMPUR: The Malaysia Digital Economy Corporation (MDEC) today announced its Digital Investments Future5 (DIF5) Strategy, a plan focusing on five key thrusts aimed at attracting investments and advancing Malaysia’s digital economy in line with the Malaysia Digital Economy Blueprint (MyDigital). In a statement, it said the five-year initiative from 2021 to 2025 following the […]

Cashless payment on the rise

By Siti Nurain Ratani KOTA SAMARAHAN: Following the outbreak of the Covid-19 pandemic, cashless payment facilities and e-wallets are now growing rapidly and have become popular payment methods among the people in the state. The state government’s efforts in strengthening Sarawak’s digital economy have also assisted the people and traders for cashless shopping activities. Among […]

Youth involvement in AI crucial

KUCHING: Sarawak is on track towards digital economy through the use of artificial intelligence (AI) in the development process. Assistant Minister of Youth and Sports cum Tabung Ekonomi Gagasan Anak Sarawak (Tegas) treasurer Datuk Snowdan Lawan noted that more youths are being involved in the development process which augured well for the state. “I am […]

Pandemic strengthens China-Sarawak ties

KUCHING: China and Sarawak have fostered great friendship ties over the years, providing mutual benefits to both sides. To this day, this promising relationship continues to blossom. It can be said that the Covid-19 pandemic has strengthened this bond between China and Sarawak even further. Each side has compassionately provided assistance to the other in […]

Agencies main catalysts for state digital development

KUCHING: Sarawak has a bright future in digital economy with the existence of Sarawak Digital Economy Corporation (SDEC) and the Centre of Technical Excellence Sarawak (Centexs). Assistant Minister in the Chief Minister’s Department (Islamic Affairs and DBKU) Datuk Dr Abdul Rahman Junaidi said the two agencies under the state government are the main catalysts for […]

Digital Economy Blueprint to be implemented until 2030

KUALA LUMPUR: Malaysia’s comprehensive Digital Economy Blueprint will be implemented until 2030, setting the country’s way forward in becoming a regional leader in the digital economy and achieving inclusive, responsible and sustainable socio-economic development. Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed said the Economic Planning Unit had been mandated to formulate […]

Grab Malaysia aims to create equal access to income via digital economy

KUALA LUMPUR: In a bid to tackle underemployment, Grab Malaysia is aiming to create equal access to income while encouraging supplementary income opportunities via the digital economy. Managing director Sean Goh said as a homegrown technology enabler and proponent of the digital economy, the initiative is aimed at creating new income opportunities with public and […]

Collaboration across society is key to achieving Malaysia 5.0 Vision

KUALA LUMPUR: Malaysia can leverage much of the cumulative intellectual property it has developed in Islamic finance, oil and gas services, tourism and industrial agriculture to support innovative new business models, particularly in digital start-ups. According to Malaysia Digital Economy Corporation (MDEC) chairman Datuk Wira Rais Hussin Mohamed Ariff, the powerful technologies of the Fourth […]