{"id":115595,"date":"2021-03-01T11:32:45","date_gmt":"2021-03-01T03:32:45","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=115595"},"modified":"2021-03-01T11:32:48","modified_gmt":"2021-03-01T03:32:48","slug":"malaysian-govt-will-focus-on-new-source-of-wealth-such-as-digital-economy-pm-muhyiddin","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=115595","title":{"rendered":"Malaysian Govt Will Focus On New Source Of Wealth Such As Digital Economy &#8212; PM Muhyiddin"},"content":{"rendered":"\n<p>KUALA LUMPUR, March 1 (NNN-Bernama) &#8212; The government will continue to focus on the digitisation agenda in line with the growth of the nation\u2019s new sources of wealth and economic transformation via knowledge and innovation-based activities, said Prime Minister Muhyiddin Yassin.<\/p>\n\n\n\n<p>He said the digital economy is expected to contribute 22.6 per cent to the country\u2019s gross domestic product by 2025.<\/p>\n\n\n\n<p>\u201cAccording to the International Institute for Management Development (IMD) World Digital Competitiveness Ranking 2020 report, Malaysia ranks at number 26 out of 63 countries, with a score of 82.39 per cent,\u201d he said in his One-Year Malaysia Prihatin Keynote Address on Monday.<\/p>\n\n\n\n<p>Muhyiddin said that in terms of creativity and innovation, Malaysia ranks at number 12 out of 190 economies in East Asia and the Pacific region, with a score of 81.5 in the World Bank\u2019s Doing Business 2020 report.<\/p>\n\n\n\n<p>With that, the Malaysia Digital Economy Blueprint and the MyDIGITAL initiative was launched on Feb 19 to chart the growth trajectory of the country&#8217;s digital economy development, aimed at transforming Malaysia into a competitive country in the digital era.<\/p>\n\n\n\n<p>\u201cThe MyDIGITAL initiative, which has the potential to attract estimated investments worth RM70 billion, will surely boost the country&#8217;s competitiveness, aside from being one of the catalysts for the nation\u2019s economic recovery and the creation of more job opportunities for the people,\u201d the prime minister said.<\/p>\n\n\n\n<p>Additionally, the government &#8212; through the ministries and the relevant agencies &#8212; has collaborated with major communications service providers to develop a comprehensive digital infrastructure plan to meet the people\u2019s needs.<\/p>\n\n\n\n<p>This action plan, known as the National Digital Network (JENDELA), will be the platform for improving the country&#8217;s digital communications under the 12th Malaysia Plan.<\/p>\n\n\n\n<p>The implementation of JENDELA is expected to provide a solution to the problem of internet access in rural and remote areas, including in Sabah and Sarawak, he said.<\/p>\n\n\n\n<p>Muhyiddin said the government has approved 128 information and communications technology (ICT) projects worth RM3.8 billion, with an allocation of RM538.7 million in 2021.<\/p>\n\n\n\n<p>The approved projects encompass systems development, cybersecurity infrastructure and software, digital government competency training and the upgrading of ICT facilities in training institutes, he added.<\/p>\n\n\n\n<p>&#8212; NNN-BERNAMA<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR, March 1 (NNN-Bernama) &#8212; The government will continue to focus on the digitisation agenda in line with the growth of the nation\u2019s new sources of wealth and economic transformation via knowledge and innovation-based activities, said Prime Minister Muhyiddin Yassin. He said the digital economy is expected to contribute 22.6 per cent to the [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":115596,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[288,300],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/115595"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=115595"}],"version-history":[{"count":0,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/115595\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/115596"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=115595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=115595"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=115595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}