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Shopee offers 60,000 MSMEs benefits up to RM3,000 each via onboarding programme

KUALA LUMPUR: Shopee Malaysia is offering 60,000 local micro, small and medium enterprises (MSMEs) benefits of up to RM3,000 each via its Go-eCommerce Onboarding programme. In a statement today, the e-commerce platform said the initiative aims to encourage the adoption of e-commerce as a trade channel among local MSMEs and Malaysian citizens who wish to […]

Mdec facilitates creation of VR-powered travel platform called Igoroom

KUALA LUMPUR: The Malaysia Digital Economy Corporation (Mdec) in collaboration with pitchIN, an equity crowdfunding platform, today announced the creation of a revolutionary way to travel and book hotel rooms, powered by a virtual reality (VR) platform, Igoroom. In a statement, Mdec said, in collaboration with pitchIN, Igotopia, the parent company, is set to land […]

Medical devices, aviation sectors expect to see greater investment growth

KUALA LUMPUR: The American Malaysian Chamber of Commerce (AmCham Malaysia) expects the medical devices and aviation sectors to see greater investment growth moving forward, backed by tremendous sustainability growth in the electrical and electronics (E&E) industry. AmCham Malaysia chief executive officer Siobhan Das said as both sectors are almost complementary to the base industry of […]

MDEC seeks pledge from banks to microfinance agricultural technology-driven farmers

KUALA LUMPUR: Malaysia Digital Economy Corp (MDEC) is working to get more banks to provide microfinancing for farmers in driving the country’s agriculture ecosystem based on agricultural technology (AgTech). Chairman Datuk Dr Rais Hussin Mohamed Ariff said CIMB Islamic Bank had pledged RM25 million earlier this month to encourage farmers to adopt the use of […]

Malaysia ready to take whole-of-nation transformation via MyDigital

KUALA LUMPUR: The Malaysia Digital Economy Blueprint (MyDigital) reflects the country’s preparedness in undertaking transformation by employing a whole-of-nation approach, Malaysia Digital Economy Corporation ( Mdec) chief executive officer Surina Shukri said. She said all components contained in MyDigitaI would ensure that it will become the nation’s new asset towards digital economy transformation, thus enabling […]

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 […]

Huge adoption of drone tech seen in agriculture sector this year

KUALA LUMPUR: The agriculture and plantation sector is expected to see a huge increase in adoption of drone technology this year due to the increase in demand and technology readiness, thus enabling a technology-driven transformation to ensure efficiency and sustainability. Malaysia Digital Economy Cooperation (Mdec) DroneTech and Fourth Industrial Revolution (4IR) Ecosystem manager Wan Mohd […]

IOT-enabled farming can reduce costs, enhance yields

This first of two articles on precision farming takes a look at a chilli farm in Selangor where a smart farming application is being used to monitor the entire cultivation process. KUALA LUMPUR: At first glance, the 0.8-hectare site in Kampung Sijangkang in Telok Panglima Garang, Selangor, where red chillis planted in black polybags can […]

Malaysians need to seize opportunities in digital economy

KUALA LUMPUR: Malaysians need to seize the opportunities provided by the digital economy as it will be a key driver to economic growth in the long term. Malaysia Digital Economy Corporation (Mdec) chief marketing officer Raymond Siva said the demand in e-commerce has grown exponentially in the Covid-19 era. “E-commerce is an important component of […]

Unlocking business efficiency for economic competitiveness

KUCHING: For Malaysia to maintain its prized standing as the most competitive economy in Asean after Singapore, it needs to unlock more business and investment opportunities in the country. Entrepreneur Development and Cooperative Minister Datuk Seri Wan Junaidi Tuanku Jaafar said this can be done by growing the number of partnerships between the government, entrepreneurs […]