NATIONAL RECOVERY PLAN TO ENSURE PROGRESSIVE ECONOMIC REVIVAL AND CORRESPONDING RECOVERY OF THE TECHNOLOGY SECTOR

KUALA LUMPUR, June 16 (Bernama) — Malaysia Debt Ventures Berhad (MDV) welcomes the recent announcement by YAB Prime Minister on the National Recovery Plan, which balances social economic welfare and imperatives, in paving the way for the nation’s smooth transition from the current COVID-19 crisis through a safe re-opening of the economy. We view that the Government’s implementation of the plan is timely, and well supported by financial reliefs and economic stimulus, which will ensure a progressive economic revival for the country.

MDV anticipates that the clear framework set by the Government for the reopening and energising of the economy will greatly assist technology companies and start-ups in formulating optimised plans for their return to full operations, and is optimistic that the plan will contribute towards a positive outlook of our digital economy and subsequently lead to the corresponding recovery of the technology sector.

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