Selangor Journal
cyber, fake news, fraud,
A man holds a laptop computer as cyber code is projected on him in this illustration picture taken on May 13, 2017. — Picture by REUTERS

Malaysia Digital Economy Blueprint identifies issues, challenges

KUALA LUMPUR, Feb 18 — The newly launched Malaysia Digital Economy Blueprint has identified several challenges which need to be addressed in order to achieve Malaysia’s goal to become a digitally-driven, high-income nation and a regional leader in the digital economy.

According to the blueprint published by the Economic Planning Unit, Prime Minister’s Department, there is a need to have a digital-first mindset and higher digital technology adoption across the public sector, as well as a supportive ecosystem for local enterprises to digitalise.

It also noted the need for better deployment of quality broadband and digital technologies infrastructure; the necessity to narrow the digital divide among income and age groups; the need to build trust and ethics in using data and technology; as well as increasing awareness on the importance of cybersecurity.

Prime Minister Tan Sri Muhyiddin Mohd Yassin said the digital economy growth had accelerated in 2020 as the Covid-19 pandemic necessitated the creation of new digital businesses, forced traditional brick-and-mortar enterprises to pivot online, and saw millions of Malaysians going online to meet their daily needs.

“To ensure that no Malaysian is left behind to catch the wave of digitalisation, the time has come for us to lay the foundations for the country’s transformation towards an advanced digital economy.

“This foundation means building the infrastructure, facilitating innovation and creating an ecosystem for all of us to contribute to bring forth higher standards of living,” he said in the blueprint.

MyDIGITAL sets out the consolidated initiatives and targeted outcomes, to be delivered through six strategic thrusts, 22 strategies, 48 national initiatives and 28 sectoral initiatives, which will be implemented in three phases up to 2030.

Under Phase 1 (2021 to 2022), the government aims to focus on accelerating digital adoption to strengthen the digital foundation needed for the rapid and smooth rollout of Phase 2 and Phase 3.

In Phase 2 (2023-2025), the focus shifts to driving digital transformation and inclusion across the digital economy, emphasising inclusivity among the people and all levels of businesses, while under Phase 3 (2026-2030), the focus would be on making the country a regional leader in digital content and cybersecurity.

— Bernama

Top Picks

Bitcoin slides below $60,000 on reports of Israeli strikes on Iran

India begins voting in gigantic election dominated by jobs, inflation 

Miti: Malaysia’s trade up 7.1 pct y-o-y to RM690 bln