PETALING JAYA: Malaysia Digital Economy Corporation (MDEC) has described Budget 2025, themed Madani Economy: Negara Makmur, Rakyat Sejahtera, presente...
, presented by Prime Minister Datuk Seri Anwar Ibrahim last Friday, as a ‘forward-thinking’ Vudget that further strengthens the foundation of the nation’s digital economy.
“As Digital Minister Gobind Singh Deo stated, the Budget builds upon the strong foundations of Malaysia’s digital economy, with growth expected to exceed the 25.5% contribution to national economy GDP by end-2025,” Anuar added. “Malaysia’s key strengths are, among others, our strategic location, multicultural and English-speaking workforce, investor-friendly environment and stable government.”
On the AI front, Anuar said the government’s RM10 million allocations to the National AI Office and RM50 million for AI education demonstrates a strong commitment to advancing AI and building a skilled talent pipeline. are deployed ethically and responsibly, securing Malaysia’s digital future through collaboration among academia, industry, public institutions and theAnuar also said the Digital ID initiative is set to play a crucial role in enhancing digital trust and security, providing the“The introduction of Digital ID will further streamline access to digital services and strengthen confidence in online transactions, reducing fraud and boosting the overall digital economy,” said Anuar.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Budget 2025: Hotel association hopes for positive impact for SMEs from 2025 budgetIt feels like I've been thrown into the deep end without a life jacket, and every day is becoming more stressful.
Read more »
Budget 2025: RM1.5k Minimum Wage to be Increased to RM1.7k, Effective February 2025The minimum wage of RM1,500 will soon be history.
Read more »
Budget 2025: Malaysia to showcase local handicraft at 2025 Asean SummitBENGALURU (Reuters) - India were all out for 462 in their second innings, setting New Zealand a victory target of 107, on the fourth day of their rain-hit opening test on Saturday.
Read more »
Anwar unveils substantial Budget 2025, catalysing economy, hastening reformsKUALA LUMPUR: Budget 2025 worth RM421 billion, the biggest in history, is strategically aligned with the MADANI Economy framework, focuses on attracti...
Read more »
Curlec by Razorpay calls for Budget 2025 to promote financial inclusion in digital economyPETALING JAYA: Curlec by Razorpay, a leading fintech payment gateway service provider, hopes the government will create more opportunities in the mark...
Read more »
Budget 2025 focuses on boosting economy, mastering innovation, ensuring fair distribution of wealthKUALA LUMPUR: The government has proposed a full stamp duty exemption on loan or financing agreements undertaken by micro, small, and medium enterprises (MSMEs) with investors through the Initial Exchange Offering (IEO) platform from Jan 1, 2025, to Dec 31, 2026.
Read more »