Week in Review: World Bank zooms in on Malaysia’s Digital Economy & What’s Next welcomes Condom King

  • World Bank’s Economic Monitor highlights poor digital adoption by corporate Malaysia
  • Brick&Mortar CEO whose customers are pure digital natives will talk about his challenges

 

THE World Bank just published on Saturday its Economic Monitor 2018 report for Malaysia. And surprise surprise the executive summary carried the headline, “Unlocking the Potential of the Digital Economy”. Well, that is no surprise to us at DNA, nor to our readers.

It was also no surprise that the report mentioned that corporate adoption of digital was lagging that of government’s and citizens. Infact, embarrassingly, the World Back equates the corporate adoption of digital by Malaysian businesses to that of a lower middle income country! Malaysia left that income bracket two and a half decades ago!

Not surprisingly, the World Bank concludes its summary stating that in order to achieve a high income and developed nation status, Malaysia must unlock the potential created by the Digital Economy.

This is exactly why DNA has been producing its annual Digital conference, What’s Next: The Business Impact of Digital Disruption which focuses on the lessons Brick & Mortar companies can learn from their peers and startups in terms of adapting their business to the reality of a world going digital.

This kind of sharing is more authentic and beneficial than listening to a global tech company talk about digital disruption. Ernst & Young agrees with DNA as well, which is why they have partnered with us to bring you What’s Next 4.0 (in its fourth year) as Presenting Sponsor.

In a break from the past three years, it won’t all be a sit back and listen to speakers experience. Thanks to the EY Digital Roadshow that will deliver immersive experiences that bring digital to life, you will be able to witness demonstrations of how digital solutions can be applied to business challenges.

But of course, we have incredible speakers as well with Henry Tan, Astro Holdings Bhd’s Group Chief Content and Consumer Officer as one of our key speakers. And it’s not so much because Astro is a large media company that makes Tan’s talk interesting. Rather, as I have said before, in my opinion, no Malaysia company has been better prepared to handle digital disruption that Astro. Which makes his upcoming sharing session very useful and insightful. You don’t want to miss that!

And last year, where What’s Next welcomed NK Tong, the MD of Bukit Kiara Properties as a speaker, where NK’s dad, Alan Tong was known as Malaysia’s Condo King, this year we welcome not just Malaysia’s but the World’s Condom King (my own anointment) with the inclusion of Goh Miah Kiat, MD of Karex Bhd, the world’s largest condom maker!

Why indeed has the leader of a business whose product will not be affected by digital disruption, agree to speak at conference about the business impact of digital disruption? You don’t want to miss his session.

And then there is Dr Parmjit Singh, the CEO Asia Pacific University of Technology and Innovation (APU) who will talk about how his high touch business is dealing with the fact that his customer base are pure digital natives. That’s going to be interesting. Infact, my totally biased opinion is that What’s Next 2018 is going to be awesome. So get more details and your tickets here.

With that, I wish you a productive week ahead.

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IV&V to finally be part of Malaysian government ICT project rollout

Khazanah aims for innovation, tech in GLCs with Transformation 2.0

What’s Next returns for 4th edition as digital disruption heats up

 
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