Editor’s note: TNGlobal is a media partner of Penang Digital Economy Summit 2025
The Penang Digital Economy Summit (PDES) 2025, hosted on Saturday (Aug 9) at G Hotel Gurney, concluded with resounding success, bringing together Malaysia’s leading organizations, top technology leaders, entrepreneurs, investors, SMEs, government stakeholders, and digital talent in a unified push to accelerate Penang’s transformation into a premier hub for innovation and the digital economy. This event also saw participation from members of the public.
Organized by Digital Penang and supported by Malaysia Digital Economy Corporation (MDEC), Cradle Fund Sdn Bhd, Talent Corporation Malaysia Berhad and leading partners LAZADA, REDtone Digital Berhad, Maxis Broadband Sdn Bhd and CapitaLand Malaysia Trust, PDES 2025 marked a milestone in public-private and multi-agencies collaboration aligned with the Malaysia Economy Digital Blueprint, New Industrial Master Plan 2030, Malaysia Startup Ecosystem Roadmap 2021-2030, National Semiconductor Strategy, policies from the Malaysia National AI Office and Penang2030 vision.
Strategic Launch: Digital Economy Master Plan (DEMP) 2025–2030
One of the summit’s cornerstones was the ceremonial unveiling of the Digital Economy Master Plan (DEMP) 2025–2030. This long-term strategic roadmap outlines Penang’s vision to become a digital-first state through collaborative efforts among state and federal government agencies, GLCs, technology leaders, and industry players. The DEMP focuses on driving innovation, talent development, digital infrastructure, and inclusive access for communities and businesses.
The Master Plan was officially launched by Chow Kon Yeow, Chief Minister of Penang accompanied by Zairil Khir Johari, Penang State EXCO for Infrastructure, Transport and Digital and Ng Kwang Ming, CEO of Digital Penang, who highlighted the summit as a convergence of strategic stakeholders to unlock Penang’s collaborative innovation potential.
“This strategic convergence empowers Penangites by attracting greater investment, driving innovation, nurturing a robust talent and tech-founder pipeline, and enhancing access to homegrown innovations, technology, and infrastructure,” said the Chief Minister.
Hands-On Innovation and Expert Insights
PDES 2025 featured an exhibition hall open to the public, highlighting digital solutions and technologies from Penang-based startups, SMEs, and corporate partners.
Six curated breakout sessions ran concurrently during the afternoon, attracting large audiences from across industries. Topics included:
• AI and Future Technologies
• Cybersecurity in the Digital Age
• Digitalising SMEs
• Investment and Fundraising Strategies
• Industry-Ready Digital Talent
• Opportunities for the Next Generation Workforce
The panels were moderated by experienced professionals and industry experts who shared insights, case studies, and strategic guidance tailored to Penang’s unique ecosystem.
Lazada Malaysia: Platinum Partner with a Purpose
As Platinum Partner, Lazada Malaysia hosted exclusive workshops and product showcases to empower local businesses. The eCommerce platform introduced new tools and services tailored for SMEs, offering mentorship opportunities and onboarding support.
“We are immensely proud to partner with the Penang State Government for PDES 2025. Lazada is committed to enabling Penang’s SMEs to seize the full potential of digital commerce. We see Penang as a powerful launchpad, not just for scaling local businesses across Malaysia, but also as a vibrant gateway to ASEAN markets,” said Angel Ramiro, COO of Lazada.
Featured photo credits: Chow Kon Yeow ‘s Facebook page
Malaysia’s digital leaders unite to accelerate Penang’s digital transformation at PDES 2025