MDEC

Telecommunications infrastructure company EDOTCO Malaysia has on Tuesday announced two strategic partnerships with Malaysia Digital Economy Corporation (MDEC) and Boost to accelerate Malaysia's digital economy through next-generation digital infrastructure and financial inclusion initiatives.

Malaysia Digital Economy Corporation (MDEC) under the newly established Ministry of Digital in Malaysia said it will introduce new Malaysia Digital (MD) tax incentives in May to boost Malaysia's digital leadership.

MDEC chief executive officer Mahadhir Aziz said the tax incentive, to be announced in May, will be for digital initiatives in intellectual property (IP) and non-IP, and also in the form of investment tax allowance incentives, the report added.

British Malaysian Chamber of Commerce (BMCC) and the Malaysia Digital Economy Corporation (MDEC) have on Thursday announced the signing of memorandum of understanding (MOU) in a move to bolster digital trade and economic cooperation between the United Kingdom and Malaysia.

The MoU aims to better facilitate the current and export ready Malaysian tech companies in strengthening their global footprint through more concerted and collaborative trade promotion initiatives.

Malaysia Digital Economy Corporation (MDEC) has projected a total of 42 high-tech Malaysian companies participated in its recent programs in Indonesia, to generate MYR 250 million ($54.65 million) in digital export.

These investments are expected to create no fewer than 1,800 high-value jobs, the minister said at the signing of a memorandum of understanding (MoU) between Malaysia Digital Economy Corporation (MDEC) and the International Data Centre Authority (IDCA).

The Malaysia Digital Economy Corp (MDEC), a Malaysian government agency tasked to lead the digital transformation in the country, is eyeing MYR1 billion ($230 million) worth of digital investments from nine sectors by 2025, through its Malaysia Digital Catalytic Programs (Pemangkin).

KPMG in Malaysia has agreed to collaborate with the Malaysia Digital Economy Corporation (MDEC) to accelerate the growth of high-potential Malaysian technology companies to become national unicorns by 2025.

ScaleUp Accelerator Sdn Bhd (ScaleUp Malaysia) and Proficeo Consultants Sdn Bhd (Proficeo) in partnership with Penjana Kapital Sdn Bhd (Penjana Kapital) and Malaysia Digital Economy Corporation (MDEC), have announced the selection of the first 2 cohorts of 24 Founders for the 100Soonicorns program designed to groom the next unicorns of Malaysia.