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DTI ramps up promotion of technology, innovation

The Philippines is ramping up its efforts to promote science, technology and innovation as part of its continued efforts to transform the country into a digital economy, according to the Department of Trade and Industry. ....

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Malaysia builds strong investment momentum in digital and tech sector


The Malaysia Digital Economy Corporation (MDEC) expects investor confidence to get a boost as Malaysia accelerates its digital economy agenda with the recent announcement of the national digital economy blueprint MyDigital.
Based on the Department of Statistics Malaysia report, the digital economy’s contribution to gross domestic product (GDP) for 2019 stood at 19.1% or RM289.2bil. It is projected to hit 20% in 2020.
“Amid the Covid-19 pandemic which disrupted foreign direct investment (FDI) globally, we continue to build strong investment momentum in our digital tech industry, ” said MDEC investment and brand senior vice president Raymond Siva.
‘We are working hard to achieve our aspiration to become the Heart of Digital Asean,’ Siva said. ....

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Digital Transformation in a post-COVID world: Africa continues to trail other regions says new report | United Nations Economic Commission for Africa


Addis Ababa, Geneva, Washington DC, 25 November 2020 -The United Nations Economic Commission for Africa (ECA) and Portulans Institute, a research and educational think tank based in Washington DC, have teamed up to launch the results and rankings of the think tank’s latest edition of the Network Readiness Report (NRI 2020) in a bid to assess how countries are leveraging information technologies for future readiness.
Titled, ‘Accelerating Digital Transformation in a Post-COVID Global Economy’, the Report will be launched virtually on 30 November.
According to the Report, Africa continues to trail behind other regions on issues of access, affordability and usage of ICTs. It notes that once the “ripple effect” of COVID starts to hit international trade and investment flows, such divergences between “network-ready economies” and “laggards” may be amplified. ....

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