IT salaries in Malaysia show largest % jump according to Pikom’s Economic and Digital Job Market Outlook 2023
Digital economy growth of 25.5% projected in 2024, ahead of national target Pikom also sees an annual average growth rate of 6.45% over a 10-year period
Environmental Protection Expenditure report shows that Malaysia is alarmingly missing the forest for the trees
Loss of tree cover 2010-2021 has cost nation 4.99Gt of CO2 emissions Carbon estimate from 2019 puts US$250bil price just to offset same amount
BNM expects sustained domestic demand & spending to continue anchoring growth Pikom sees need to be cautious over strong and sustained headwinds in months ahead
76% APAC firms accept digital certifications as substitutes for bachelor’s Firms that hire advanced digital workers have 150% higher revenues
Advantage to Boost with its incumbency & proven capability to operate at scale Almost RM2 bil in loans disbursed to MSMEs across Malaysia and Indonesia
MyIX hails Ministry of Transport’s commitment as reassuring to foreign investors Every 10% increase in international bandwidth per user sees 0.24% GDP increase
SME GDP growth outperforms overall GDP growth of 4.7% in 2018 (2017: 5.7%).
Cradle impact study conducted with Help University underlines its contribution to Malaysia from 2008 to 2016.
Some stickiness expected in labour market due to growing digital economy.
Living in uncertain times, Pikom concerned over potential changes in US economic policies and the threat of a slower Chinese economy.