Tag: #MDEC

  • MDEC SECURES OVER RM350 MILLION IN EXPORT OPPORTUNITIES AT SUSHI TECH TOKYO 2025

    MDEC SECURES OVER RM350 MILLION IN EXPORT OPPORTUNITIES AT SUSHI TECH TOKYO 2025

    MDEC Secures Over RM350 Million in Export Opportunities at Sushi Tech Tokyo 2025. The Malaysia Digital Economy Corporation (MDEC) has proudly announced that it secured over RM350 million in business export opportunities during Sushi Tech Tokyo 2025, marking a significant milestone in Malaysia’s continued journey to position itself as a global digital and innovation hub. The event, widely recognized as Asia’s largest startup and innovation conference, gathered tens of thousands of participants and over 500 startups from across the globe, serving as a vibrant platform for fostering collaboration, innovation, and cutting-edge technological advancement to address global urban challenges.

    Anuar Fariz Fadzil, CEO of MDEC, emphasized that the achievement reflects Malaysia’s growing international reputation as a reliable and attractive destination for digital investments. He attributed this success to the ingenuity and resilience of Malaysian digital entrepreneurs, as well as the country’s commitment to nurturing a robust technology ecosystem. Anuar noted that Malaysia’s strategic location in Southeast Asia, coupled with strong digital infrastructure, pro-business policies, and a vibrant talent pool, makes it an ideal launchpad for global technology collaborations. Government-led initiatives and proactive international engagements have further reinforced Malaysia’s role in driving digital transformation regionally and globally.

    Acting as the Ambassador and Lead Organisation for the Malaysia Pavilion at Sushi Tech Tokyo 2025, MDEC collaborated with the Malaysia External Trade Development Corporation (MATRADE) Tokyo and the Japan External Trade Organization (JETRO). The mission also saw participation from Selangor Information Technology & Digital Economy Corporation (SIDEC) and Cyberview Sdn Bhd. Together, they showcased the capabilities of 17 Malaysian tech companies through exhibition booths, pitching sessions, and over 150 business meetings with companies and corporates from countries such as Thailand, South Korea, Australia, Mexico, and the United States. These engagements covered a wide spectrum of technological fields including Artificial Intelligence (AI), Fintech, Robotics, Semiconductor, and Quantum technology.

    Notable participating Malaysian companies included Alphaswift Industries, ALT Synergy, Bay Group Holdings, Boostorder, Collaborative Excellence, GoFluence, Hikayat Kebun, MDT Innovations, Move Robotic, MV Asia Sdn Bhd (FoneApp), Neupulse (BiiB), Pandai Education, Primary Guard, Sky-Tag Robotics, Unicom Marketing Digital, Xtractify, and Qarbotech.

    A major highlight of Malaysia’s participation was the signing of a Memorandum of Understanding (MoU) between MDEC and WingArc1st, a leading Japanese software and cloud solutions provider. The MoU, signed by WingArc1st CEO Jun Tanaka and MDEC’s Head of Digital Industry Acceleration & Digital Exports, Wan Murdani Wan Mohamad, aims to support high-potential Malaysian startups by enhancing their data capabilities and facilitating market entry into Japan through Proof of Concept (PoC) initiatives and funding support. This agreement is expected to accelerate cross-border innovation and business expansion between the two nations.

    Additionally, a partnership agreement was signed between Malaysian company Boostorder and WingArc1st to promote data-driven solutions that improve operational efficiency and support smarter business decisions. This partnership underscores the strategic value of international collaboration in leveraging technology for sustainable business growth.

    The achievements at Sushi Tech Tokyo 2025 not only highlight the strength and potential of Malaysia’s digital economy but also reaffirm MDEC’s commitment to driving global engagement and creating meaningful opportunities for Malaysian tech companies on the international stage.

  • MALAYSIA DRAWS RM16.2 BILLION IN DIGITAL INVESTMENTS, CEMENTS ROLE AS ASEAN TECH POWERHOUSE

    PENANG, 29 April 2025 – Malaysia’s digital economy continues to gain momentum, solidifying its role as a key driver of national growth. With RM16.2 billion in approved digital investments from January to April 2025 under the Malaysia Digital (MD) initiative, the country is seeing a surge in job creation, innovation, and economic opportunity. This strong investment trend, announced by Minister of Digital Gobind Singh Deo at the launch of the Ministry of Digital’s Northern Regional Office, is projected to generate 6,480 high-value jobs, reinforcing Malaysia’s position as a digital leader in the ASEAN region.

    The investments reflect growing international confidence in Malaysia’s digital ecosystem. Of the 148 companies awarded MD status during this period, 27% are in the Artificial Intelligence (AI) sector, followed by Data Centres & Cloud (23%) and Global Business Services (11.5%). These figures highlight the country’s increasing focus on innovation-led sectors. Malaysia Digital Economy Corporation (MDEC) CEO Anuar Fariz Fadzil emphasized that these results demonstrate global trust in Malaysia’s infrastructure, talent pool, and pro-business policies. He noted that Malaysia is not only building capabilities but also fostering a culture of innovation to support long-term national growth.

    PhotoCaption


    Photo 1
    Chairman of Malaysia Digital Economy Corporation (MDEC), YB Tuan Syed Ibrahim Syed Noh, delivering his welcoming speech at the MD Open Day 2025.


    Photo 2
    Minister of Digital, YB Tuan Gobind Singh Deo, delivering his keynote speech at the MD Open Day 2025.


    Photo 3
    Minister of Digital, YB Tuan Gobind Singh Deo, and Penang Deputy Chief Minister II, YB Tuan Jagdeep Singh Deo officiated the launch of the Ministry of Digital’s Northern Regional Office.


    Photo 4
    From left: CEO of Digital Penang, Ts. Ng Kwang Ming, Chairman of MDEC, YB Tuan Syed Ibrahim Syed Noh, Ministry of Digital, YB Tuan Gobind Singh Deo, Penang Deputy Chief Minister II, YB Tuan Jagdeep Singh Deo, EXCO for Infrastructure, Transport, and Digital of Penang, YB Tuan Zairil Khir Johari and CEO of MDEC, Anuar Fariz Fadzil.


    Photo 5

    Attendees present at the MD Open Day 2025 in Georgetown, Penang. 


    Photo 6
    The Minister of Digital, YB Gobind Singh Deo, together with the CEO of MDEC, Anuar Fariz Fadzil, and the Chairman of MDEC, YB Tuan Syed Ibrahim Syed Noh, during the press conference at MD Open Day 2025.

    Coinciding with the office launch, MDEC hosted the MD Open Day to spotlight key digital initiatives and promote collaboration between the public and private sectors. The event served as a platform for dialogue on talent development, innovation, and digital adoption while reinforcing the government’s commitment to regional digital empowerment. A highlight of the day was the signing of a Memorandum of Understanding (MoU) between MDEC and Digital Penang. This partnership aims to accelerate digital adoption in key areas such as Big Data, AI, Web3, cybersecurity, and blockchain, while also supporting talent development, mentorship, funding, and international market access for startups and SMEs in the northern region.

    The event was attended by several dignitaries, including Penang’s Deputy Chief Minister II YB Jagdeep Singh Deo, Infrastructure and Digital EXCO YB Tuan Zairil Khir Johari, and MDEC Chairman YB Tuan Syed Ibrahim Syed Noh, along with key industry stakeholders. The initiatives presented reaffirm Malaysia’s commitment to inclusive and comprehensive digital transformation, ensuring no region or community is left behind.

    For more details on MDEC’s digital initiatives and investment support, visit https://mdec.my/malaysiadigital.