MDEC is powering Malaysia’s goal to become a major digital player in SEA

By admin | May 5, 2021

Though not as well-known as its neighbors Singapore and Indonesia, Malaysia has made a name for itself as the birthplace of some of Southeast Asia’s business success stories, from tech wunderkinds Grab and Jobstreet to industry leaders like AirAsia.

“Kuala Lumpur has the ecosystem to bring out potential unicorns,” says Gopi Ganesalingam, vice president for Malaysia Digital Economy Corporation (MDEC)’s Digitally-Powered Businesses Division.

Google’s 2020 e-Conomy SEA report also estimates that despite the pandemic headwinds, Malaysia’s digital economy is set to achieve US$11.4 billion in sales.

BY SAMANTHA CHEH