Malaysia’s digital investments hit record high at $37B in 2024

Digital investments in Malaysia hit a record MYR 163.6 billion ($36.81 billion) in 2024, compared to MYR 46.8 billion ($10.53 billion) in 2023, driven by a stable government and pro-business policies in reinforcing the country’s reputation as a regional tech hub, Malaysia Digital Economy Corporation (MDEC) said Thursday.