MDEC

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…

Malaysian tech companies and Thai partners have signed ten memorandums of understanding (MoUs) which are expected to generate over MYR 200 million ($47.28 million) in potential digital export opportunities for these local tech companies.

Malaysia has taken a step forward in advancing digital inclusion with the launch of the Next Gen TeenXChange and Game Changers Coalition Program, a pioneering initiative by UNICEF, in partnership with the Malaysia Digital Economy Corporation (MDEC) and supported by Micron Technology Malaysia as well as Bank Simpanan Nasional (BSN).

The Malaysia Digital Economy Corporation (MDEC) said Tuesday that it is introducing two new grants totaling MYR 2.9 million ($6.84 million), aimed at accelerating digital transformation in two of Malaysia’s most strategic sectors — artificial intelligence (AI) and manufacturing.

Malaysia’s digital investments under the Malaysia Digital (MD) national strategic initiative surged by 125 percent to MYR 29.47 billion (6.95 billion U.S. dollars) in the second quarter of 2025, rising from MYR 13.11 billion ($3.09 billion) in the first quarter, Malaysia Digital Economy Corporation (MDEC) said Monday.

83 Malaysian tech firms ink 26 memorandum of understandings (MOUs) in Indonesia, generating over MYR 450 million ($107 million) in digital exports and boosting ASEAN artificial intelligence (AI), cybersecurity ties.

Malaysia Digital Economy Corporation (MDEC) and CICC Capital Management Co., LTD, a private equity investment arm of China International Capital Corporation Limited (CICC), have inked memorandum of understanding (MOU) to establish the China-Malaysia Gaming and Digital Content Fund, with an estimated target fund size of $100 million.

The Malaysia Digital Economy Corporation (MDEC) and Zhejiang University have recently signed a letter of intent (LOI) to collaborate on digital transformation, artificial intelligence (AI) ecosystem and smart cities based on the ‘Zhejiang Model’, a successful digital governance transformation framework.

Digital Nasional Berhad (DNB), in collaboration with the Ministry of Digital, the Malaysia Digital Economy Corporation (MDEC) and Maxis Berhad, have on last Friday led the second instalment of the EmpowerHER Digital Program, a national initiative dedicated to equipping B40 women with critical digital, financial, and entrepreneurial skills to thrive in the…

Malaysia is targeting stronger global stage presence with fresh funding and incentive programs for games, animation and metaverse.