February 23, 2024

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

MDEC’S Looks to Boost eCommerce Adoption

The Malaysia Digital Economy Corporation (MDEC) recently announced the launch of the Go-eCommerce Expo 2021, a virtual eCommerce conference that will run from 20 to 23 September 2021. The initiative aims to spur local businesses to adopt eCommerce by leveraging on the Belanjawan 2021 Go-eCommerce initiative with assistance and support from various participating partners.

It will also be working closely with a total of 23 partners to ensure a wider audience reach and boost uptake among local businesses.

The objective of the initiative is to promote the use of eCommerce as a new revenue channel that will open doors to more opportunities among local businesses in Malaysia. This will, in turn, promote a multi-channel sales approach that will help local businesses capture a wider audience and drive higher sales.

The CEO of MDEC stated that the pandemic has made it abundantly clear that digital adoption is a necessity for the success of our businesses. MDEC, through the nation’s #SayaDigital initiative, will continue to strongly support local businesses leveraging on the Belanjawan 2021 and the recent PEMULIH programme.

MDEC is positive eCommerce will create more opportunities and revenue streams thereby advancing an inclusive digital economy in line with the Malaysia Digital Economy Blueprint (MyDIGITAL) and Shared Prosperity Vision 2030.

According to the Malaysia Digital Economy Blueprint (MyDIGITAL), the digital economy is set to contribute 22.6% to the country’s Gross Domestic Product (GDP) by 2025, targeting 875,000 micro, small and medium enterprises (MSMEs) to adopt eCommerce.

The Expo will feature experienced industry speakers who will share their experience and tips on how to successfully create brand awareness and sales funnel to driving sales, as well as using social media to boost eCommerce. Last year, the Go-eCommerce Expo attracted over 3,000 registrations and more than 30,000 total viewers through the 12 webinars and 23 speakers featured.

OpenGov Asia also recently reported that MDEC in collaboration with an e-commerce service in Malaysia announced the launch of the Malaysia Select Campaign (via a Malaysia-Taiwan shopping platform) which aims to assists Malaysian businesses to expand to Taiwan.

The campaign is scheduled to run from 1 October to 10 October 2021 and is supported by the Commerce Development Research Institute of Taiwan, Exabytes, EasyParcel and Janio. This online sales campaign also targets to provide support to at least 800 local businesses to increase their sales by at least 30% and gain significant brand exposure in Taiwan.

It was noted that public-private initiatives such as this are important as the Government works to grow Malaysia as an eCommerce producer rather than just merely consumers, in line with the goals of National eCommerce Strategic Roadmap (NESR) 2.0 which aims to place the nation as the largest eCommerce market in the ASEAN-6 region by 2025.

The Chief Digital Business Officer of MDEC stated that the agency aims to further catalyse the growth of eCommerce in Malaysia and is of equal importance, sustaining livelihoods and jobs in the process.

The aim is to accomplish the goals of MyDIGITAL and place the nation firmly on course towards creating a globally competitive digital nation, anchored on inclusivity, sustainability and shared prosperity, firmly establishing Malaysia as the Heart of Digital ASEAN.

In 2020, Malaysia’s e-commerce market is worth US$4.3 billion and is expected to double to $8.1 billion by the year 2024; at 14% CAGR. Malaysia is now catching up to bring its e-commerce infrastructure, including product availability, payments, delivery and regulatory requirements, in line with more established online shopping markets.

PARTNER

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.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

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 www.planview.com.

SUPPORTING ORGANISATION

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.

PARTNER

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. 

PARTNER

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.

Send this to a friend