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MDEC's commissioned study shows Malaysia's big data analytics market expected to grow to US$1.9b by 2025

MDEC's commissioned study shows Malaysia's big data analytics market expected to grow to US$1.9b by 2025
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Malaysia among top Asean e-commerce markets

“This will further give confidence and drive the growth and development of the digital economy, fuelling our efforts to create an innovative, inclusive and technology-integrated society in line with Malaysia 5.0, ” said MDEC chairman Datuk Wira Dr Rais Hussin Mohamed Ariff.(pic)
KUALA LUMPUR: Malaysia is among top e-commerce markets in Asean, with gross merchandise value (GMV) expected to have grown 6% year-on-year to US$11.4bil (RM47.04bil) in 2020, according to the Malaysia Digital Economy Corp (MDEC).
In a statement, MDEC noted that at end-2020, a total of 489,000 micro, small and medium enterprises (MSMEs) had adopted e-commerce while 378,000 SMEs were trained to utilise e-commerce platforms. ....

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Malaysians Share Frustrations & Anxieties Over MCO3.0

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Confusion, frustration and disappointment were some of the emotions expressed by Malaysians following the announcement of a nationwide Movement Control Order (MCO) by Prime Minister Tan Sri Muhyiddin Yassin on Monday evening (10 May).
Set to take place between 12 May to 7 June, ‘MCO3.0’ essentially limits inter-district and interstate travel, prohibits social gathering, re-implements the Work From Home (WFH) policy for white-collar Malaysians as well as provides newer guidelines for Hari Raya Aidilfitri celebrations.
The PM, in an online statement, writes that the lockdown was necessary to combat the spread of Covid-19 in the country. ....

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Malaysia poised to maintain top position in Asean e-commerce market, says MDEC | Money

Tuesday, 27 Apr 2021 04:46 PM MYT
Malaysian Digital Economy Corporation (MDEC) Sdn Bhd Chief Executive Officer Surina Shukri speaking during a press conference at Malaysian Digital Corporation (MDEC) in Cyberjaya, April 2, 2021. Bernama pic
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KUALA LUMPUR, April 27 Malaysia is expected to maintain its position as one of the top e-commerce markets in Asean, with its gross merchandise value (GMV) likely to grow 6.0 per cent to US$11.4 billion (US$1=RM4.09) in 2020.
In a statement today, the Malaysia Digital Economy Corp (MDEC) said the e-Conomy SEA 2020 Report by technology giant Google, Singapore state-owned investor Temasek and global consultancy firm Bain & Company had projected Malaysia’s GMV to rise to US$30 billion in value by 2025. ....

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MDEC targets 875,000 MSMEs to adopt e-commerce by 2025

MDEC targets 875,000 MSMEs to adopt e-commerce by 2025
The Edge
1 hour ago
Lynette Hew
© Provided by The Edge
KUALA LUMPUR (April 27): The Malaysia Digital Economy Corp (MDEC) aims to have 875,000 micro, small and medium enterprises (MSMEs) adopt e-commerce by 2025 under the new National eCommerce Strategic Roadmap 2.0 (NESR 2.0).
In a statement, the corporation said the road map also seeks to boost e-commerce export adoption among 84,000 MSMEs and increase the average revenue per user to RM9,500.
The NESR 2.0, which was recently endorsed by the National Council of Digital Economy and 4IR, aims to support the growth of Malaysia s e-commerce market.
NESR 2.0 will be guided by three overaching objectives, namely to intensify e-commerce adoption and growth, to enhance ecosystem development and to strengthen policy and regulatory environment. ....

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