Close this search box.

We are creating some awesome events for you. Kindly bear with us.

Malaysia and Japan to boost digital economy agreement

Malaysia and Japan are reportedly exploring specific measures that aim to promote technological renovation and innovation within the region.

The two nations will collaborate to develop a concrete strategy centred around cultivating highly-skilled human resources to provide an edge over other nations.

Malaysia’s Prime Minister (PM) stated that Malaysia hopes for more and closer cooperation in terms of the digital economy with Japan in the future, as Japan has a lead position in smart manufacturing and innovative technological processes.

He noted that while the Japanese companies operating in Malaysia have absorbed some of these developments, by and large, the adoption by Malaysian companies happening at a slow pace. This is an area for Malaysia to rely on Japan’s expertise and proven track record, the PM noted.

Malaysia and Japan had their discussions during the 37th MAJECA-JAMECA joint conference in Kuala Lumpur on 1 July 2019.

The Malaysia-Japan Economic Association (MAJECA) and the Japan-Malaysia Economic Association (JAMECA) are essentially private sector institutions which originated from the call of the governments of both Malaysia and Japan for greater interaction between the two nations.

This year’s conference is structured on the theme of expanding trade and investments between Malaysia and Japan through the adoption of innovative technologies including digital technologies.

The Malaysian PM said that digital technologies are undeniably disrupting the way of life and business, creating a borderless world market in which industrial processes will soon become obsolete.

Malaysia needs to innovate and automate in order to remain competitive in challenging market systems of the current time. Hence, the country must restructure its business and industrial ecosystems to meet the needs of the future with the adoption and application of digital and innovative technologies, coupled with effective management and high value-added skills of our talents.

Moreover, Malaysia needs to look into new sectors that will boost growth. This window of opportunity for the nations help them improve their partnership.

Malaysia is also working closely with neighbouring countries to promote regional development. It is hoped that Malaysians will work with Japanese personnel in Japan with the aim of learning from Japanese work ethic.

Investing in Malaysia will also help Japan to expand its market into the ASEAN region. Japanese investment in high-tech fields and areas which can contribute to developing the manufacturing sector, as well as cultivation of human resources, are expected.

According to the PM, Japan has become among the largest investors in Malaysia following the formation of MAJECA and JAMECA, which has, in turn, contributed greatly towards making Malaysia a leading electrical and electronics goods exporter.

The fact that there are over 1,500 Japanese firms operating here is a testimony to the success of the collaboration between the two countries, he added.

However, global trends in trade and industrialisation are in constant flux. Malaysia’s competitiveness in terms of earlier strategic advantages needs reassessment. Coupled with the fact that there is an emphasis on the various aspects of the digital economy and the impact of the Industrial Revolution 4.0 (IR4.0), there is a dire need to review past successes for us to devise future strategies.

Since the launch of Malaysia’s Blueprint for Industry Forward (Industry4WRD) in October 2018, the government has committed RM210 million from 2019 to 2021 to support the transition and migration to IR4.0.

Under the Industry4WRD fund, targeted efforts will be rolled out for human capital development, technology adoption and infrastructure upgrades, which will be the foundation of driving IR4.0 in the country.

In the context of e-commerce, the establishment of the National e-Commerce Council in December 2015 has accelerated the country’s e-commerce development and growth, including the formation of the Digital Free Trade Zone which will empower local entrepreneurs to export to global markets.


Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.


As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.


Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit


SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.


HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 


IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.