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MDEC, BSN team up to boost youth digital talent, financial literacy
MDEC, BSN team up to boost youth digital talent, financial literacy

New Straits Times

time5 days ago

  • Business
  • New Straits Times

MDEC, BSN team up to boost youth digital talent, financial literacy

KUALA LUMPUR: The Malaysia Digital Economy Corporation (MDEC) has teamed up with Bank Simpanan Nasional (BSN) to strengthen digital talent development and entrepreneurship among Malaysian youth. This collaboration includes the implementation of the Next Gen TeenXChange programme, a continuation of the Digital Ninja programme that has been running since 2016. It is one of the key components under MDEC's MyDigitalMaker initiative and is open to students aged 15 to 20 who show high potential in digital technology and leadership. In a statement, MDEC chief executive officer Anuar Fariz Fadzil said beyond talent development programme, Next Gen TeenXChange is an investment in the nation's future. He said with Malaysia's digital economy projected to contribute 25.5 per cent to gross domestic product by 2025, digital talent development has become a national priority. "Through this initiative, we can equip the younger generation with future-ready skills and ensure they are prepared to drive inclusive, sustainable and globally competitive digital economic growth," he added. BSN chief executive Jay Khairil said the partnership reflects the bank's continued commitment to empowering the younger generation through education and financial literacy. "By supporting digital talent development, we are not only investing in the country's future but also strengthening the foundation of a digitally and financially literate society," he said. The programme will be able to broaden its reach and target more students from diverse backgrounds. The programme provides a platform for students to master the latest technologies, develop digital and soft skills. It will also enhances their financial literacy that ultimately shaping a new generation of competitive digital leaders who can contribute to the nation's digital transformation. Since its inception, the programme has trained over 675 students, including 250 girls who are now actively engaged in innovation at university and industry levels.

MDEC, CelcomDigi launch IMMERSE KL to drive tech innovation
MDEC, CelcomDigi launch IMMERSE KL to drive tech innovation

New Straits Times

time18-07-2025

  • Business
  • New Straits Times

MDEC, CelcomDigi launch IMMERSE KL to drive tech innovation

KUALA LUMPUR: The Malaysia Digital Economy Corporation (MDEC), in collaboration with CelcomDigi, has launched IMMERSE KL x CelcomDigi – a flagship event aimed at advancing innovation in immersive technology and creative content. Positioned as a key driver of Malaysia's digital transformation, the event reflects the country's rising focus on XR, virtual production, gamification, immersive storytelling and Web3 to accelerate tech adoption across industries. MDEC chief executive officer Anuar Fariz Fadzil said the event serves as a catalyst for digital innovation, positioning Malaysia as a leader in the immersive tech landscape. "With partners like CelcomDigi, we are shaping a future driven by creativity and emerging technology," he added. The standalone flagship initiative has evolved from the Malaysia Digital Content Festival (MYDCF) to become a focused platform for showcasing immersive and creative technologies. The 2025 edition is expected to draw over 300 participants and 120 companies from Malaysia and the region. As the official partner, CelcomDigi will showcase real-world applications of XR and 5G technologies across multiple sectors, including education, industry and healthcare. Key highlights include CelcomDigi Metaversity, an XR-powered immersive learning environment. It will also include training, simulation and remote support in the industrial metaverse as well as healthcare innovations, which is XR-based 3D DICOM visualisation for medical use. "We are excited to support IMMERSE KL x CelcomDigi as a platform to spark innovation, collaboration and new possibilities for Malaysia's digital future," said CelcomDigi chief innovation officer T. Kugan.

MDX Summit 2025 To Focus On Nextgen Technologies
MDX Summit 2025 To Focus On Nextgen Technologies

Barnama

time15-07-2025

  • Business
  • Barnama

MDX Summit 2025 To Focus On Nextgen Technologies

BUSINESS Director General of the National Digital Department (JDN) Nik Zalbiha Nik Mat speaks during Malaysia Digital Xceleration (MDX) Summit 2025 X Smartgov Malaysia 2025 Media Briefing here today. KUALA LUMPUR, July 15 (Bernama) -- The Malaysia Digital Xceleration (MDX) Summit 2025 will focus on next-generation technologies, discussing five key points in panel sessions throughout the three-day event. MDX will take place from Sept 17 to 19 at the Kuala Lumpur Convention Centre, alongside the SmartGov Malaysia Summit 2025. The MDX Summit is co-organised by the Malaysia Digital Economy Corporation (MDEC) and the National Digital Department. Meanwhile, hybrid events curator and platform provider Synapze Sdn Bhd is a strategic partner. MDEC chief executive officer (CEO) Anuar Fariz Fadzil said the summit is anticipated to further boost Malaysia's digital leadership in ASEAN by driving innovation, investment and inclusive growth. He highlighted that more than 5,000 participants are expected for this year's edition. The third edition of the MDX Summit and the inaugural SmartGov Malaysia 2025 are expected to reinforce Malaysia's position as a leading digital nation in ASEAN. 'Technologies utilising digital assets and digital agents at its core will further drive outcomes through talent development, innovation, and responsible artificial intelligence (AI) to smarter public services,' he told a media briefing on the summit here today. MDX Summit will focus on five core areas: Next-Gen Data, Next-Gen Computing, Next-Gen Trust, Next-Gen Creativity, and Next-Gen Talent, demonstrating how Malaysia is applying technological innovation into applied solutions to benefit businesses, government services, the rakyat, and the broader regional economy. As the country's premier digital economy platform, Anuar said both events serve as a hub for transformative discussions on emerging technologies, supporting Malaysia's ambition to lead the regional data economy, in line with the MADANI government's vision of building an inclusive, sustainable and fully digital smart nation.

MDEC launches two grants totalling RM2.9m to accelerate digital transformation in AI and manufacturing sectors
MDEC launches two grants totalling RM2.9m to accelerate digital transformation in AI and manufacturing sectors

The Sun

time08-07-2025

  • Business
  • The Sun

MDEC launches two grants totalling RM2.9m to accelerate digital transformation in AI and manufacturing sectors

PETALING JAYA: Malaysia Digital Economy Corporation (MDEC) is introducing two grants totalling RM2.9 million aimed at accelerating digital transformation in two of Malaysia's most strategic sectors – artificial intelligence (AI) and manufacturing. Eligibility for these grants is exclusively extended to companies possessing Malaysia Digital (MD) or MSC Malaysia status, or to those with a pending MD status application at the time of applying for the grant. The two new grants – the Malaysia Digital Acceleration Grant – Artificial Intelligence (MDAG-AI) and the SmartMFG+ Incentive Programme – are designed to support high-potential local companies by promoting innovation, developing export-ready digital solutions and creating high-skilled employment opportunities. MDEC CEO Anuar Fariz Fadzil described the grants as both timely and strategic, giving a significant boost to Malaysia's digital transformation agenda. 'MDAG-AI establishes a foundational framework for Malaysia to emerge as a preeminent hub for AI innovation, while SmartMFG+ lays the groundwork for widespread digitalisation across the manufacturing industry. Collectively, these initiatives serve as a dual engine to advance our digital ambitions,' said Anuar. The MDAG-AI grant is specifically designed to support Malaysian digital companies in the commercialisation of AI solutions. It targets high-impact projects that correspond with the national AI investment strategy, focusing on companies with capabilities across the foundational, enabling, and application layers of AI. This initiative builds upon the momentum generated by prior programmes, concentrating on AI product commercialisation, cross-sector AI application, talent development and knowledge transfer. It is strategically aligned with the National AI Roadmap, reinforcing Eligible companies may apply for funding of up to 70% of total project costs, capped at RM2 million, for projects spanning a duration of up to one year. Application is now open till July 18 and successful applicants will be announced at the Malaysia Digital Expo (MDX) in September.

MDEC rolls out RM2.9mil in new grants to drive AI
MDEC rolls out RM2.9mil in new grants to drive AI

New Straits Times

time08-07-2025

  • Business
  • New Straits Times

MDEC rolls out RM2.9mil in new grants to drive AI

KUALA LUMPUR: The Malaysia Digital Economy Corporation (MDEC) has introduced two new grants totalling RM2.9 million to fast-track digital transformation in two key sectors: artificial intelligence (AI) and manufacturing. Open exclusively to companies with Malaysia Digital (MD) or MSC Malaysia status, or those with a pending MD application, the Malaysia Digital Acceleration Grant – Artificial Intelligence (MDAG-AI) and the SmartMFG+ Incentive Programme are designed to boost local innovation, support the development of export-ready digital solutions, and generate more high-skilled employment opportunities. MDEC chief executive officer Anuar Fariz Fadzil said the grants come at a critical time to advance Malaysia's digitalisation goals. "MDAG-AI establishes a foundational framework for Malaysia to emerge as a preeminent hub for AI innovation, while SmartMFG+ lays the groundwork for widespread digitalisation across the manufacturing industry. Collectively, these initiatives serve as a dual engine to advance our digital ambitions," said Anuar in a statement. The MDAG-AI grant is specifically designed to support Malaysian digital companies in the commercialisation of AI solutions. It targets high-impact projects that correspond with the national AI investment strategy, focusing on companies with capabilities across the foundational, enabling, and application layers of AI. Eligible companies may apply for funding of up to 70 per cent of total project costs, capped at RM2 million, for projects spanning a duration of up to one year. The SmartMFG+Incentive Programme is a vital initiative within the New Industrial Master Plan 2030 (NIMP2030). Its objective is to expedite digital adoption within the manufacturing sector by providing support to local technology solution providers in scaling digital solutions across various domains such as operational efficiency, predictive maintenance, real-time production intelligence, supply chain analytics, and quality assurance. Selected MD-status companies will receive funding of up to 70 per cent of their solution development costs, with the maximum amount capped at RM75,000 per company.

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