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DUE to the Covid-19 pandemic and the resulting lockdowns in 2020, retail businesses had to scramble to go online in order to regain sales and survive, while work-from-home workers adapted to shopping online. Lazada Malaysia chief marketing officer Diana Boo noted that the online shopping platform saw a 300% increase in new sellers on-board last year, via its Pakej Kedai Pintar stimulus plan which aimed to assist local small and medium enterprises (SMEs) to sell online. “The overall digital economy has grown. We’re not the only e-commerce platform. There are many small businesses that have gone online. And even after the movement control order (MCO) was lifted, consumers continue to stay online, ” said Boo at the Smart Retail: Powering Nation’s Digital Economy two-day live virtual conference, held at end-March. ....
Monday, 12 Apr 2021 05:30 PM MYT People withdraw cash from an automatic teller machine at a CIMB Islamic branch in Sepang August 26, 2013. – Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, April 12 Malaysia Digital Economy Corp (MDEC) is working to get more banks to provide microfinancing for farmers in driving the country’s agriculture ecosystem based on agricultural technology (AgTech). Chairman Datuk Rais Hussin Mohamed Ariff said CIMB Islamic Bank had pledged RM25 million earlier this month to encourage farmers to adopt the use of technologies such as artificial intelligence (AI), big data analytics and Internet-of-things (IoT)-based applications. ....
KUALA LUMPUR, April 12 The Malaysia Digital Economy Corporation (MDEC) today announced the launch of the #SayaDigital movement an initiative aimed at increasing digital literacy among the B40 group, youths, senior citizens and socio-economically vulnerable groups nationwide. The movement,. ....
Bridging online and offline retailing as Malaysia moves beyond MCO thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
MDEC and CIMB Islamic sign MoU providing RM25 million to scale AgTech pilot Published A - Cyberjaya, 2 April 2021: The Malaysia Digital Economy Corporation (MDEC) and CIMB Islamic Bank Berhad (“CIMB Islamic”) today signed a memorandum of understanding (MoU) on extending an extensive micro-financing programme with an allocation of RM10 million as an initial funding package to catalyse Digital Agriculture Technology (Digital Agtech) in Malaysia. This allocation has the potential to be increased to RM25 million as the programme progresses. MDEC, a long-time proponent of digitalising the agriculture sector, via a public-private partnership with the Pertubuhan Peladang Kawasan Kuala Langat (PPKKL), initiated a pilot project in 2018 to spur yield and quality of crops utilising the latest technologies. It has seen farmers adopting an Internet of Things (IoT)-enabled fertigation system that helped them reduce monthly fertiliser usage by 20 percent, lower monthly m ....