The Malaysian Government’s VC arm Mavcap may see its allocation for investments reduced by as much as half, said its CEO.
2015 was a year of progress for the Malaysian tech ecosystem, especially when it came to startups, but whether the good news outweighed the bad is debatable, according to the panellists at the first Digital News Asia (DNA) Disrupt monthly networking event of 2016.
The Malaysian Government has made software testing an important pillar of future economic growth, and aims to help local companies capture a slice of a US$30-billion market, writes Karamjit Singh.
The IIoT has opened up doors of possibilities in the workplace, culminating in the fourth industrial wave – Industry 4.0, writes Adam Yee of Siemens Malaysia.
The Malaysian Government’s Bumiputera Agenda Steering Unit (Teraju) said it has allocated RM120 million (US$29.9 million) for programmes it will be running with collaborators enable bumiputera entrepreneurs to be more competitive in both domestic and global markets.
Globally, the software testing services market was valued at US$41.84 billion in 2013 and is expected to reach US$70.98 billion by 2018, a compound annual growth rate of 11.15%.
Broadband related news dominates this week’s news on DNA with the Malaysian Government recognising that speed matters greatly, while in Singapore, leading telco Singtel is taking it up a few notches by starting a pilot service that will offers customers up to 10Gbps speeds!
Malaysian Prime Minister Najib Razak announced six key thrusts under the 11th Malaysia Plan (11MP) to ensure the country hits its target of becoming a developed nation by 2020, and also announced further moves to expand high-speed broadband (HSBB) availability in the country.
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