Over the last couple of years, almost all industries went through a turbulent roller coaster ride as they navigated the pandemic, which prompted government-sanctioned lockdowns across country borders.
MDEC launches RM100mn training and hiring incentive programme to boost Malaysia s digital economy Details Published: 06 April 2021
More than 300 companies within these sectors are expected to gain from MyDigitalWorkForce Work In Tech, while an estimated 6,000 job opportunities will be created with the aim to produce at least 1,000 quality tech talent.
The Malaysia Digital Economy Corporation (MDEC) has announced the launch of MyDigitalWorkForce Work In Tech (MyWiT), an RM100mn training and hiring incentive programme aimed at boosting the digital business services sector, as well as developing quality tech talent in Malaysia.
This initiative is an extension of the #MyDigitalWorkforce Movement launched last year, to help re-skill and up-skill Malaysians for digital economy jobs.
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AS digital technologies have notably begun to play an even more critical role in the economy, it is increasingly clear that there is a real need to prepare talent – newly graduated or now in the workforce – for digital jobs. More companies are becoming digital by default, with 91% of organisations having to adopt or have plans to become a “digital-first” business strategy.
In fact, an average of US$15.3 million (RM61.85 million) over the next 12 months will be spent on digital initiatives, according to the IDG Digital Business Survey 2019. The Department of Statistics Malaysia (DOSM) has revealed that small and medium-sized enterprises (SMEs) now comprise 48.4% of Malaysia’s employment and another similar report from Huawei revealed how 48% of SMEs recognise the lack digital skills.