Malaysia is in a strategic position to spread the growth of
digital economy throughout the region
Malaysian Digital Economy Corporation Sdn Bhd
("MDEC") recently announced that
Malaysia has the potential to become a digital hub for ASEAN as
Malaysia is in a position to spread the growth of the digital
economy throughout the region. Likewise, Ernst & Young's
ASEAN FinTech Census 2018 dubbed Malaysia as an "emerging
fintech hub in Asia". The country's increasingly
digitalised economy, which is tailored to boost start-up presence
and draw in investors, together with support from Malaysian
government and regulators, will also create a mature fintech
ecosystem which will contribute to Malaysia's potential to be
the hub for digital economy of the ASEAN region.
