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Malaysia aims to inspire startups with e-commerce summit

byCT Report
30/03/2018
in Uncategorized
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KUALA LUMPUR: Over the past few years, has been ramping up efforts to attract more technology startups to the country and build a “digital economy”.

Yasmin Mahmood, Chief Executive Officer of Government Agency Malaysia Digital Economy Corp (MDEC) told Bloombergearlier this month that the country’s policymakers are serious about developing the sector that created more than 170,000 new jobs and contributed 18.2 percent of gross domestic product last year.

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 From establishing the Malaysia Tech Entrepreneur Program to offering tax incentives under the 5+5 year scheme, the country and all its partners are working hard to make sure that entrepreneurs, both local and foreign, give the country a second look when setting up their businesses.

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