{"id":63495,"date":"2024-05-20T14:21:15","date_gmt":"2024-05-20T06:21:15","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=63495"},"modified":"2024-05-20T22:26:00","modified_gmt":"2024-05-20T14:26:00","slug":"mdec-digital-economy-gdp-contribution","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/mdec-digital-economy-gdp-contribution","title":{"rendered":"MDEC To Boost Digital Economy Contribution To M’sia\u2019s GDP From 23% To 25%"},"content":{"rendered":"

The Malaysian Digital Economy Corporation (MDEC) is aiming to increase the digital economy\u2019s contribution to the Malaysian GDP from 23% to 25%, says it\u2019s chairman Syed Ibrahim Syed Noh.<\/span><\/p>\n

According to a report from The Sun<\/a>, Syed Ismail has stated that the foreign investments brought in by the Prime Minister and the other ministers will be key to ensuring that this target is met.<\/span><\/p>\n

Speaking at the launch of\u00a0 Simplify Networks Sdn Bhd\u2019s Thunderbird 5G Router last Friday, Syed Ibrahim also added that the Malaysian Institute of Economic Research estimates that 5G will contribute significantly to our GDP in the coming years, with an estimated annual growth of 8%.<\/span><\/p>\n

This growth in turn, will extend towards other sectors such as as agriculture, healthcare, manufacturing, and will catalyse the overall economic advancement.<\/span><\/p>\n

In conjuction to that, Syed Ibrahim also stated that Malaysia being the chair of 2025 will also help elevate Malaysia as the preferred Asean digital hub.<\/span><\/p>\n

MDEC looks to address the needs of MSME<\/b><\/h2>\n

Syed Ibrahim also shared that MDEC is looking to address the needs of micro, small and medium enterprises, which will also strengthen Malaysia\u2019s broader vision of becoming the digital hub of Asean.<\/span><\/p>\n

Speaking on the launch of Simplify Networks in Malaysia, Syed Ismail is sure that in the next three to five years they will help 5G is deployed widely throughout Malaysia.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

MDEC is aiming to boost the digital economy\u2019s contribution to Malaysia\u2019s GDP.<\/p>\n","protected":false},"author":51,"featured_media":63496,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[271,216],"tags":[1046,1869,591,1208],"class_list":["post-63495","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-news-updates","tag-asean","tag-digital-economy","tag-mdec","tag-msme"],"acf":[],"yoast_head":"\nMDEC Wants Digital Economy To Increase GDP Contribution<\/title>\n<meta name=\"description\" content=\"MDEC is aiming to increase the digital economy\u2019s contribution to Malaysia\u2019s GDP from 23% to 25%.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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