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Accelerated Digital Economy, That Benefits Malaysians!

by K. Vatsala Devi

When the Covid-19 pandemic struck worldwide, it was hard to look for the silver lining past the pain, loss, and devastation. But in Malaysia, it paved the way for the acceleration of digitizing the nation, through the MyDigital National Blueprint that was launched early this year. Aimed at leaving no Malaysian behind, the initiative called for laying the foundations for the country’s transformation towards an advanced digital economy.

This foundation means building the infrastructure, facilitating innovation, and creating an ecosystem for all of us to contribute to an advanced digital economy and bring forth higher standards of living. In 2020 alone, growth within the digital economy has understandably accelerated as the pandemic gave birth to new digital businesses, forced traditional brick-and-mortar enterprises to pivot online, and saw millions of Malaysians go virtual for their eCommerce, entertainment, and even education needs.

The Fourth Industrial Revolution (4IR) and the rapid advancement of disruptive technologies including digital technology has quickened the wave of change in driving the people, business and the government to adapt to digitalisation for their daily needs. This Blueprint envisions Malaysia becoming the regional lead in digital economy and to achieve inclusive, responsible and sustainable socioeconomic development.

Access the full story here.

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