MDEC

US investor Balaji Srinivasan’s Network School in Malaysia ordered to shut down; signs MoU with Kazakhstan

"The Johor state government takes note of and fully supports the decision of the special meeting of the Iskandar Puteri City Council (MBIP) to revoke the business license and order all activities of NS0 Malaysia Sdn. Bhd. (Network School) in Forest City to cease, effective July 22, 2026," the chief minister of Johor state Onn Hafiz Ghazi said in a Facebook…

US investor Srinivasan seeks meeting with Anwar’s office after startup school in Forest City raided

Earlier this week, Malaysia launched an immigration probe into people associated with Srinivasan's startup school, saying that individuals may have flouted immigration rules.

Capbay collaborates with MDEC to expand $49M growth financing for Malaysia’s tech companies

Bay Smart Capital Ventures Sdn Bhd (CapBay), a Malaysian FinTech company, is collaborating with the Malaysia Digital Economy Corporation (MDEC) through the MD Technology Financing Program to expand access to growth financing for Malaysia Digital (MD) Status companies.

MDEC appoints industry veteran Ganesh Kumar Bangah as Non-executive Chairman

Industry veteran Ganesh Kumar Bangah has been appointed as Non-Executive Chairman of Malaysia Digital Economy Corporation (MDEC).

Human empathy still critical as AI reshapes customer experience industry – MDEC’s CEO

Automation and artificial intelligence (AI) may be reshaping the customer experience industry, but human empathy and connection must remain at the center of how the sector evolves, Malaysia Digital Economy Corporation (MDEC)'s chief executive officer Anuar Fariz Fadzil said Friday.

MDEC to Strengthen AI, 5G push via ecosystem collaboration

Malaysia Digital Economy Corporation (MDEC) said Monday it will continue strengthening its artificial intelligence (AI) and 5G push through ecosystem collaboration and a joint innovation-to-commercialization pipeline built around real-world challenge statements, sandbox environments, cloud resources, access to devices and internet of things (IoT) tools,…

MDEC secures $87.4B digital investments in 2025, driven by AI

The Malaysia Digital Economy Corporation (MDEC) has secured MYR 87.4 billion ($22.35 billion) in approved digital investments in 2025, driven largely by the growth in artificial intelligence (AI), big data, data centers and cloud services.

ASEAN endorses Malaysia-led regional framework on cross border cloud computing

The Association of Southeast Asian Nations (ASEAN) has endorsed a Regional Framework on Cross-Border Cloud Computing conceived, developed and spearheaded by the Ministry of Digital through its agency, the Malaysia Digital Economy Corporation (MDEC), marking a strategic milestone aimed at enabling trusted and seamless data flows across member states while…

Futurise moves to MDEC for greater alignment to strengthen Malaysia’s digital & future economy agenda

Malaysia Digital Economy Corporation (MDEC) announced last Thursday that Futurise Sdn Bhd is set to move as a subsidiary of Cyberview Sdn Bhd to MDEC.

Malaysia records $1.68B digital exports between 2024 and the first half of 2025

The Malaysia Digital Economy Corporation (MDEC) has announced a major milestone in Malaysia’s digital economy journey with MYR 6.8 billion ($1.68 billion) in digital exports recorded between 2024 and the first half of 2025.