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New Programme to Grow Malaysia’s Digital Economy

Image Credits: MDEC, Press Release

The Minister of Communications and Multimedia recently launched DE Rantau, a programme aimed at establishing Malaysia as the preferred digital nomad hub to boost digital adoption and promote digital professional mobility and tourism across Malaysia.

The programme is intended to benefit both local talents and foreign nomads. Apart from the introduction of the DE Rantau Nomad Pass, which will support the facilitation of foreign digital nomads’ stay in Malaysia for a period of 12 months, the Ministry of Communications and Multimedia Malaysia (K-KOMM) through Malaysia Digital Economy Corporation (MDEC) will create a vibrant ecosystem that can support the digital nomad lifestyle to be able to regain the balance in working and living.

The Minister noted that aligned with Malaysia Digital (MD), the DE Rantau programme will help solidify Malaysia’s path to becoming the preferred digital nomad hub of the ASEAN region. Despite facing close competition with its neighbours, Malaysia has all the right ingredients to be the most attractive choice for digital nomads.

The country has a robust infrastructure, affordable cost of living, cultural diversity, a multilingual population, delicious cuisines, and many more offerings to strengthen our position. He added that while the digital nomad lifestyle is nothing new, it is the pandemic that accelerated the trend of more people choosing to embrace a location-independent, tech-enabled lifestyle, allowing them to work and live wherever their hearts desire.

Driving this initiative, MDEC will oversee the development of digital nomad hubs and comprehensive local ecosystems suitable for the digital nomad lifestyle. This will be done in collaboration with various industry players as well as the onboarding of digital nomads via outreach and awareness programmes and visa facilitation of DE Rantau Nomad Pass.

Through DE Rantau Hubs and a thriving ecosystem, there can be knowledge and experience sharing among local and foreign nomads, leading to the creation of a vibrant and knowledgeable local community and businesses. The programme is expected to inject a total of RM4.8 billion into the local economy by the year 2025. Additionally, in its first phase, the identified digital nomad hubs will include Penang, Langkawi, Kedah, and Kuala Lumpur.

Under the Malaysia Digital (MD) initiative, DE Rantau is one of the first two Malaysia Digital Catalytic Programmes (PEMANGKIN) planned for 2022. It is designed to create substantial economic spillover through equitable access to digital tools, knowledge, and income opportunities. Applications for DE Rantau Nomad Pass will be open on 1 October 2022.

In July 2022, the Malaysian Prime Minister launched Malaysia Digital, an initiative aimed at accelerating the growth of the nation’s digital economy for the benefit of Keluarga Malaysia. Driven by the Ministry of Communications and Multimedia (K-KOMM) through Malaysia Digital Economy Corporation (MDEC), Malaysia Digital is a national strategic initiative by the Government to encourage and attract companies, talents and investment while enabling Malaysian businesses and the Rakyat to play a leading part in the global digital economy.​

Malaysia Digital is the initiative to succeed MSC Malaysia, which has served to transform Malaysia into a knowledge-based economy since 1996. With a new and enhanced framework, the new initiative seeks to enhance the nation’s digital capabilities and boost the digital economy.

Malaysia Digital will allow Malaysia to better prepare for today’s ever-evolving landscape and build the bedrock of a digital nation, ultimately benefitting the Rakyat, businesses, Government, and nation. To achieve this vision, the role of the industry is equally important for an impactful implementation of the Malaysia Digital initiative.

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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.

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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.

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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.

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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.

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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. 

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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.

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