MDEC

MDEC partners Zhejiang University to spur AI, digital innovation economy

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.

DNB, Ministry of Digital, MDEC, Maxis lead EmpowerHER Digital Program to bridge gender digital divide in Malaysia

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 announces incentive programs to boost digital creative industry

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

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.

MDEC aims to push for 25.5 percent digital economy contribution to Malaysia’s GDP by end-2025

The Malaysia Digital Economy Corporation (MDEC) said Monday it is dedicated and committed to support Malaysia in achieving or surpassing the 25.5 percent digital economy contribution to gross domestic product (GDP) by year-end through initiatives that catalyze digital transformation, talent development and technology adoption across businesses.

MDEC launches initiative to accelerate SME digital transformation across Malaysia

The Malaysia Digital Economy Corporation (MDEC), under the purview of the Ministry of Digital, has launched an initiative to accelerate small medium enterprises (SMEs) digital transformation in Malaysia, starting with the northern state of Penang.

Malaysia Digital Economy Corporation launches metaverse platform

The Malaysia Digital Economy Corporation (MDEC) has on Thursday announced the public launch of the IP360 Metaverse Platform, an initiative in digital innovation and cultural preservation.

MDEC establishes strategic partnerships with Singapore’s Ascent & Indonesia’s Central Capital Ventura with $45M capital investment

The combined funding will be instrumental in fostering the growth of Malaysian startups, particularly in line with Malaysia’s KL20 initiatives, and reinforcing our country’s position as a key player in the Southeast Asian startup ecosystem.

MDEC & martech web3 firm Emerge Group form strategic partnership to propel Malaysia as a Web3 gaming hub in SE Asia

EMERGE Group will leverage its extensive network of Web3 gaming partnerships, including collaborations with Gala Games, Immutable X, TZ APAC, Sei and other leading Web3 gaming projects, to identify synergies and advance Web3 game publishing.

MDEC launches investor matching program

The Investor Matching Program is supported by prominent funds managing billions in assets, including Vertex Ventures, Granite Asia, 500 SEA, Eurazeo, Nordstar, Gobi Partners and many others.