Malaysian Tech Sector Receives Government Support

Malaysian Government Support for Tech Sector

The government is directing its attention towards Industry 4.0 via its ICT framework – the Industry 4.0 policy Industry4WRD, robotics, analytics and artificial intelligence (AI) as enablers of the country’s future economy.

Malaysia’s Gaming Hub Goals Boosted

Malaysia Gaming Ecosystem

New studio will provide art, animation services to a Japanese multinational electronics conglomerate corporation’s global exclusive game titles, creating more opportunities for the local and regional games industry.

Malaysia Working to be Global Drone Hub

Drone Research and Development in Malaysia

Malaysia’s scene for drone-related industries has seen an extensive growth throughout the years, hence MDEC aims to encourage industry players to participate in R&D activities by building the nation’s first Deregulated Drone Testing Zone in Cyberjaya.

Malaysia Budget 2020 is FinTech-friendly

Malaysia Budget 2020

A virtual banking framework will be ready for public consultation by the end of this year and applications will be open by the first half of 2020. The new budget also suggests that the government is receptive towards alternative financings like Equity Crowdfunding (ECF) and P2P Financing.