Latest news with #DigitalEconomyBlueprint2030
The Sun
10-07-2025
- Business
- The Sun
MDEC launches MD Business Digitalisation Initiative in Sarawak
PETALING JAYA: Malaysia Digital Economy Corporation (MDEC) on Wednesday launched its MD Business Digitalisation Initiative (BDI) in Sarawak – marking its first rollout in East Malaysia – to accelerate inclusive digital growth by equipping micro, small, and medium enterprises with innovative tools to boost productivity, streamline operations, and future-proof their businesses. The event in Kuching was officiated by Sarawak Minister for Utility and Telecommunication Datuk Seri Julaihi Narawi. The initiative is delivered in collaboration with Sarawak Digital Economy Corporation (SDEC) and the Ministry of International Trade and Industry, Industrial Terminal and Entrepreneur Development (Nintred) Sarawak. Deputy Digital Minister Datuk Wilson Ugak Kumbong said, 'The Ministry of Digital remains committed to supporting every corner of the nation in this digital journey. Sarawak's MSMEs play a crucial role in driving regional economic growth. By embracing digitalisation and e-Invoicing, they are positioning themselves for greater efficiency, transparency, and global competitiveness. This initiative is a testament to our shared vision of building an inclusive and future-ready digital economy.' He added that Sarawak's leadership in renewable energy, combined with its digital ambition, creates a unique platform for innovation and. furthermore, they are committed to working hand-in-hand with the state to realise this vision and as a long-term partner. 'With Sarawak's Digital Economy Blueprint 2030 in full motion, the collaboration between the ministry – including its agencies like MDEC – and the state is expected to intensify in the weeks and months ahead for the greater good of the state, its MSME community and the people of Sarawak,' Ugak said. Meanwhile, MDEC CEO Anuar Fariz Fadzil said Sarawak is a vital part of Malaysia's digital future, and they are committed to the pursuitof state-level transformation, fostering local innovation and create long-term, sustainable economic opportunities. 'Through close collaboration with the visionary state government, the ministry and MDEC will continue our efforts to empower local MSMEs. This initiative is about building a future-ready business ecosystem, ensuring that no MSME is left behind in the digital economy,' he added. Through the initiative, Sarawak businesses are now able to gain access to digital advisory services, live product demonstrations from 404 accredited partners, together with tailored solutions based on their operational challenges. To ease the adoption of e-Invoicing among MSMEs, the ministry has introduced a suite of freemium and affordable solutions provided by MDEC-accredited service providers including Malaysia Digital status companies such as Xero and Big Ledger Sdn Bhd. These solutions are compliant with both Peppol and Inland Revenue Board tax requirements, offering MSMEs a smooth and cost-effective path to digital compliance.
Borneo Post
09-07-2025
- Business
- Borneo Post
First East Malaysia rollout of MDEC's BDI to accelerate MSME digital growth
Julaihi (centre) performs a gimmick to launch the MD BDI. – Photo by Mohd Faisal Ahmad KUCHING (July 9): The Malaysia Digital Economy Corporation (MDEC) today launched its MD Business Digitalisation Initiative (BDI) in Sarawak, marking its first rollout of the initiative in East Malaysia. This strategic move aims to accelerate inclusive digital growth by equipping micro, small, and medium enterprises (MSMEs) with innovative tools to boost productivity, streamline operations, and future-proof their businesses. The event was officiated by State Minister for Utility and Telecommunication, Dato Sri Julaihi Narawi. Introduced under the Madani Government, the BDI adopts a whole-of-nation approach to empower businesses across all states, including Sarawak, with the tools, expertise, and support needed to succeed in the fast-growing digital economy. The initiative is delivered in collaboration with the Sarawak Digital Economy Corporation (SDEC) and the State Ministry of International Trade, Industry and Investment. Deputy Minister of Digital, Datuk Wilson Ugak Kumbong, in his address, underscored the significance of the initiative in boosting Sarawak's economic resilience. 'The Ministry of Digital remains committed to supporting every corner of the nation in this digital journey. Sarawak's MSMEs play a vital role in driving regional economic growth. 'By embracing digitalisation and e-invoicing, they are positioning themselves for greater efficiency, transparency, and global competitiveness,' he said. Wilson added that Sarawak's strength in renewable energy, coupled with its digital ambition, creates a unique platform for innovation. 'We are proud to work hand-in-hand with the state government to realise this vision as long-term partners.' He also noted that with Sarawak's Digital Economy Blueprint 2030 in full swing, collaboration between the ministry, MDEC, and the state is expected to intensify in the coming months, for the benefit of MSMEs and the people of Sarawak. MDEC Chief Executive Officer Anuar Fariz Fadzil highlighted the importance of federal-state cooperation to support local business growth. 'Sarawak is a vital part of Malaysia's digital future, and we are committed to supporting state-level transformation, fostering innovation, and creating long-term economic opportunities,' he said. 'This initiative is about building a future-ready business ecosystem and ensuring no MSME is left behind in the digital economy.' The launch featured exhibitions, digital advisory sessions, and showcases from MDEC-accredited Digitalisation Partners to help MSMEs adopt solutions tailored to their needs. Participating businesses gained access to digital advisory services, live product demos, and customised solutions from over 404 accredited partners. A key feature of the initiative is the Digital Maturity Assessment (DMA) – a structured tool to help MSMEs evaluate their current digital capabilities and chart the next steps for transformation. The event also spotlighted the National e-Invoicing Initiative, led by the Ministry of Digital and implemented by MDEC, to modernise how businesses issue and exchange invoices in real-time via the Peppol framework, enabling seamless interoperability between systems and compliance with LHDN tax regulations. To ease e-invoicing adoption, MDEC introduced a suite of Freemium and Affordable Solutions from accredited providers, including Malaysia Digital (MD) status companies such as Xero and Big Ledger Sdn Bhd. These tools are designed to offer MSMEs a smooth and cost-effective path toward digital compliance. The BDI launch in Sarawak reaffirms MDEC's commitment to building inclusive, sustainable, and practical digital ecosystems that benefit local businesses and ensure Malaysia's digital economy remains robust and accessible to all. For more information, visit MDEC's website Business Digitalisation Initiative julaihi narawi MDEC
