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Marketing In Asia > Blog > Business > News > Malaysia on the Digital Rise: Anticipating RM250M From Tech Exports
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Malaysia on the Digital Rise: Anticipating RM250M From Tech Exports

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Last updated: 2023/07/24 at 5:49 PM
haidar bajrai
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Malaysia on the Digital Rise
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The Malaysia Digital Economy Corporation (MDEC), a driving force in Malaysia’s tech scene, has set a promising prediction, anticipating RM250 million in digital exports from collaborations with high-tech companies. The forecast stems from 42 flourishing Malaysian firms that recently joined MDEC’s initiatives in Indonesia.

MDEC’s two notable programmes, DEX Connex and FOX Xposure, were launched in a strategic partnership with several key Indonesian entities, including KUMPUL Sinarmas Land, KUMPUL, Fintech Indonesia, Xcion, and Amvesindo. The objective of these alliances is to strengthen the relationship between Malaysian and Indonesian tech giants and create a robust platform for exchanging knowledge and fostering innovation.

Also Read: Twitter Plunges into Job Market as Verified Companies Begin Job Listings

According to MDEC, this significant milestone solidifies the collaboration between the two nations and provides a strong base for future business prospects, with an anticipated value of RM250 million. MDEC’s CEO, Mahadhir Aziz, emphasizes the importance of these collaborations in driving growth and innovation in the digital economy.

Adding to its influential role, MDEC released the MDEC Horizon Publication earlier this year. This strategic guide offers in-depth knowledge about Malaysia’s burgeoning digital landscape and stands as a comprehensive resource for those interested in the digital world.

Moreover, MDEC plans to organize the MDX 2023 event in September. This event is designed to amplify and celebrate tech happenings, featuring notable speakers and panellists from around the globe, underlining Malaysia’s technological prowess.

In its commitment to enhancing the tech landscape, MDEC initiated a collaboration with KPMG Malaysia. This strategic alliance aims to boost the growth of Malaysian start-ups and prepare them to become the future tech unicorns by 2025. As part of this collaboration, KPMG will offer its support to MDEC’s FOX programme, a significant part of the new national strategic initiative, Malaysia Digital.

Malaysia Digital aims to build the nation’s digital capacities while increasing the overall ecosystem value. This mission is part of the wider goal of establishing Malaysia as a key digital hub within the ASEAN region, accelerating the growth of its digital economy.

This news is based on Marketing Interactive.

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TAGGED: ASEAN Digital Hub, DEX Connex, Digital Economy, FOX Xposure, High-tech Companies, Indonesian Entrepreneur Ecosystem, KPMG Malaysia, Malaysia Digital, Malaysian Start-ups, mdec, MDX 2023, Tech Exports

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    haidar bajrai July 24, 2023 July 24, 2023
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    By haidar bajrai
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    With a strong sense of compassion and a desire to effect real change, I am a passionate and purpose-driven person committed to having a positive impact on the world. I am inspired by works that present fresh viewpoints and insights. Hence i engage with travelling and participating in outdoor activities to learn more about the world. Exposure to diverse cultures and environments fuels my capacity for creative problem-solving, which also broadens my perspective on life.
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