Latest news with #AnuarFarizFadzil
Borneo Post
3 hours ago
- Business
- Borneo Post
RM450 million secured as 26 MoUs signed between Malaysia, Indonesia firms
Malaysian and Indonesian delegates at DEX CONNEX Indonesia. JAKARTA (July 4): A total of 26 memorandums of understanding (MoUs) were signed between Malaysian and Indonesian companies under the DEX CONNEX Indonesia programme, unlocking over RM450 million in digital export opportunities for 83 Malaysian tech firms. The initiative led by Malaysia Digital Economy Corporation (MDEC) is part of ongoing efforts to expand regional cooperation and boost Malaysia's digital economy across Asean. The MoUs cover sectors such as cybersecurity, AI, cloud services, food and beverage, digital platforms and talent development. The goal, according to MDEC in a statement on Thursday, is to build a strong and collaborative digital ecosystem across Asean, with Malaysia championing innovation as Asean Chair this year. MDEC CEO Anuar Fariz Fadzil said Indonesia plays a vital role in Malaysia's digital ambitions. He said Malaysia is focusing on cross-border collaboration to build a resilient digital bridge between two thriving tech ecosystems. 'With our strong tech ecosystem and the spirit of ASEAN unity, both nations continue to nurture a future where digital growth is inclusive, sustainable, and benefits all layers of society, ensuring long-term success,' he added. DEX CONNEX Indonesia is backed by the Embassy of Malaysia in Jakarta, the Ministry of Investment, Trade and Industry (MITI), Malaysia External Trade Development Corporation (MATRADE) Jakarta, and Indonesia's Ministry of Communication and Digital Affairs (KOMDIGI), along with various public and private sector partners from both countries. Anuar was joined at the MoU exchange ceremony by Malaysia's Ambassador to Indonesia Datuk Syed Md Hasrin Tengku Hussin. DEX CONNEX is a flagship platform under MDEC's GAIN (Gateway, Amplify, Invest and Nurture) programme which links Malaysian companies to global markets and tech ecosystems to drive bilateral digital trade. From 2017 to 2023, the GAIN programme recorded RM31.9 billion in revenue and over RM11.2 billion in exports. These results are driven by Malaysian companies making full use of MDEC's export facilitation and market access support.
Borneo Post
11 hours ago
- Business
- Borneo Post
83 Malaysian tech firms break into Indonesian market, securing RM450 mln in digital exports
Malaysian and Indonesian delegates commemorate the programme with a group photo. KUCHING (July 4): A total of 83 Malaysian tech companies have successfully tapped into the Indonesian market, generating more than RM450 million in digital export opportunities, said the Malaysia Digital Economy Corporation (MDEC). This was achieved under the DEX CONNEX Indonesia programme, the latest initiative aligns with MDEC's efforts to expand Malaysia's digital economy footprint across Asean, while strengthening regional cooperation and market access. In a statement, MDEC said DEX CONNEX Indonesia is a key regional initiative that facilitated the exchange of 26 memoranda of understanding (MoUs) between Malaysian and Indonesian companies. 'These MoUs span various sectors including cybersecurity, artificial intelligence (AI), cloud services, food and beverages (F&B), digital platforms, and talent development, it said. The initiative aims to create a robust and collaborative digital ecosystem across the region, especially as Malaysia chairs Asean this year and champions innovation as a driver of growth and resilience. MDEC chief executive officer Anuar Fariz Fadzil described Indonesia as a vital partner in Malaysia's digital ambitions. 'Through DEX CONNEX, Malaysia is focused on fostering cross-border collaborations to build a resilient digital bridge between two thriving ecosystems,' he said. 'With our strong tech ecosystem and the spirit of Asean unity, both nations continue to nurture a future where digital growth is inclusive, sustainable and benefits all layers of society ― ensuring long-term success,' he added. digital export indonesia lead tech companies
The Sun
a day ago
- Business
- The Sun
M'sian firms bag RM450m potential digital exports to Indonesia
PETALING JAYA: Malaysia Digital Economy Corporation (MDEC) continues to drive the nation's digital economy across Asean, strengthening regional cooperation and market access for Malaysian companies. The agency's latest initiative under the DEX CONNEX Indonesia programme brought 83 Malaysian tech companies into the Indonesian market, which generated more than RM450 million in digital export opportunities. DEX CONNEX Indonesia is a key regional initiative that facilitated the exchange of 26 MoUs between Malaysian and Indonesian firms. These agreements span sectors such as cybersecurity, AI, cloud services, F&B, digital platforms, and talent development, aimed at creating a robust and collaborative digital ecosystem across Asean, primarily as Malaysia serves as Asean Chair that champions innovation as a driver of regional growth and resilience. MDEC CEO Anuar Fariz Fadzil called Indonesia a key partner in Malaysia's digital goals. 'Through DEX CONNEX, Malaysia is focusing on cross-border collaborations to continue building a resilient digital bridge between two thriving ecosystems. 'With a strong tech ecosystem and Asean unity, both nations are shaping an inclusive, sustainable digital future for all,' he added. This initiative is supported by the Embassy of Malaysia in Jakarta, the Ministry of Investment, Trade and Industry Malaysia, Matrade Jakarta, the Ministry of Communication and Digital Affairs of Indonesia, and partners from both nations.
New Straits Times
a day ago
- Business
- New Straits Times
MDEC backs 83 local tech firms to access RM450mil opportunities in Indonesia
KUALA LUMPUR: The Malaysia Digital Economy Corporation (MDEC) has facilitated the entry of 83 Malaysian technology companies into the Indonesian market, generating over RM450 million in digital export opportunities. Continuing its mission to drive Malaysia's digital economy across Asean and enhance regional cooperation, MDEC's latest initiative DEX CONNEX Indonesia played a pivotal role in expanding market access for Malaysian firms. The programme facilitated the signing of 26 memorandums of understanding between Malaysian and Indonesian companies. The agreements span sectors such as cybersecurity, artificial intelligence (AI), cloud services, food and beverage, digital platforms and talent development. They are designed to create a robust and collaborative digital ecosystem across Asean, especially as Malaysia serves as Asean chair and champions innovation as a driver of regional growth and resilience. MDEC chief executive officer Anuar Fariz Fadzil described Indonesia as a vital partner in Malaysia's digital ambitions. "Through DEX CONNEX, Malaysia is focusing on cross-border collaborations to continue building a resilient digital bridge between two thriving ecosystems," said Anuar. "With our strong tech ecosystem and the spirit of Asean unity, both nations continue to nurture a future where digital growth is inclusive, sustainable, and benefits all layers of society, ensuring long-term success," he added.
The Sun
5 days ago
- Business
- The Sun
MDEC: AI Cities will be cornerstone of Malaysia's digital future
KUALA LUMPUR: As Malaysia advances in its digital evolution, artificial intelligence-driven cities are taking centre stage – serving as dynamic hubs to attract investment, foster groundbreaking innovation and create equitable economic opportunities for all. Malaysia Digital Economy Corporation (MDEC) CEO Anuar Fariz Fadzil shared the agency's blueprint for transforming Malaysia from a regional technology hub into a globally respected digital economy over the next decade. 'Looking 10 years ahead, we see a Malaysia where AI integrates seamlessly into daily life, enabling equitable access to tools and opportunities. This future is about making cities more sustainable, citizen-centric, and competitive,' he told SunBiz. Anuar Fariz said this vision entails the responsible integration of AI, providing predictive and efficient public services and creating thriving smart cities that are both sustainable and people-focused. 'Startups and SMEs will scale beyond borders, supported by robust infrastructure that drives inclusive, digital-led prosperity.' Building on MDEC's mandate to catalyse high-value digital growth and position Malaysia as a regional technology leader, Anuar Fariz said, AI Cities will be the cornerstone of the transformation. 'It will unite digital policy, innovation and public service to drive inclusive, competitive and sustainable growth, laying the foundation for Malaysia's vision of becoming an 'AI Nation',' he said. Anuar Fariz said this vision not only elevates Malaysia's leadership in AI development and adoption but also creates a scalable model for Asean, fostering cross-border collaboration, knowledge exchange, and regional digital resilience. 'Through partnerships across the public, private, academic sectors, and the rakyat, Malaysia aims to amplify its impact across Southeast Asia's digital economy.' As part of its AI Cities initiative, MDEC is already implementing targeted, high-impact smart city pilots in selected locations, starting with Putrajaya. 'In Putrajaya, we are applying parametric modelling to simulate real-world urban scenarios. This allows us to test and refine planning decisions, improve service delivery, and optimise resource use,' Anuar Fariz said. He added that data from Putrajaya's Urban Observatory is being used to develop an interactive AI-powered digital avatar capable of delivering real-time analytics for city planning and citizen engagement. MDEC is also working closely with the National Artificial Intelligence Office (NAIO) to ensure that Malaysia's AI growth is underpinned by strong governance and public trust. 'Trust is the foundation of digital adoption. Together with NAIO, we are developing a regulatory brief to guide the responsible use of AI, one that balances innovation with transparency, ethics and accountability,' Anuar Fariz said. These initiatives support Malaysia's broader goals outlined in the Fourth National Physical Plan, Malaysia Digital Economy Blueprint, Asean Smart Cities Network and the upcoming 13th Malaysia Plan (2026–2030). Anuar Fariz said MDEC's goal is to catalyse future-facing, collaborative ecosystems where technology serves both people and progress. 'By embedding intelligence into how our cities are designed, managed and experienced, we're not only building a smarter Malaysia, we're laying the foundation for a resilient, inclusive and competitive digital nation that can lead the region,' he added. MDEC's vision will take centre stage at the Smart City Expo Kuala Lumpur 2025 (SCEKL25), which will be held from Sept 17 to 19 at the Kuala Lumpur Convention Centre. Themed 'AI Cities: Shaping Our Digital Future', the event will serve as a platform for regional dialogue, innovation exchange and policy alignment with Malaysia's Asean Chairmanship this year. 'As the first Southeast Asian edition of the globally renowned Smart City Expo World Congress, SCEKL25 will position Malaysia as a central hub for smart city development and digital leadership in the region,' Anuar Fariz said. The expo will bring together more than 2,000 delegates and 10,000 visitors, including global experts, city leaders and technology providers across sectors. The agenda is built around four strategic pillars – AI cities, sustainable and resilient cities, digital entrepreneurship and economic development, and community empowerment through digital solutions. SCEKL25 will also feature keynote sessions by renowned global figures, including Dr David Hanson, creator of Sophia the Robot, urban strategist Dr Alfonso Vegara and futurist Penny Wong, among others. 'These conversations will help shape the next decade of digital city-building, not just in Malaysia, but across Asean,' said Anuar Fariz.
