- Significant step in boosting Malaysia’s MSMEs ‘ digital competitiveness
- Beyond technology, aims to build a supportive ecosystem that supports businesses  , thoroughly.
The Ministry of Digital ( KD ) and Malaysia Digital Economy Corporation ( MDEC ), along with SME Corp Malaysia, praised the newly launched Business Digitalization Initiative ( BDI), which was lauded in a statement by the National Tech Association of Malaysia ( PIKOM), which represents over 2, 000 member companies spanning the ICT ecosystem. It is a significant step forward, according to Pikom, in terms of boosting Malaysia’s Micro, Small, and Medium Enterprises ( MSMEs ) ‘ digital competitiveness, which will help the country’s economic resilience.
According to Alex Liew, Pikom president,” It is a remarkable starting by KD, MDEC, and SME Corp. Uniting stakeholders from across the tech and financial services landscape under a common vision requires strong leadership and coordination.” In response to the scale and scope of the BDI, which brings up government agencies, financial institutions, online banks, technology providers, and enablers to help MSMEs in their modern journey,
He added that this demonstrated a strong understanding of the real-world issues that MSMEs are confronting from Gobind Singh Deo, the modern minister, and Anuar Fariz Fadzil, the CEO of MDEC, as well as their resolve to respond to them.
By enabling firms, whether microscopic, small, medium, or large, Liew expressed Pikom’s assurance that the BDI has the ability to have a ripple effect on the market, improving operational reliability, and opening up new growth prospects.
Beyond just deploying systems, BDI. It aims to create a supportive ecosystem that supports MSMEs in all ways, including access to funding, capacity-building, and cheap online tools like Peppol framework-based e-invoicing solutions. The end goal is to ensure that MSMEs are able to scale and engage outside Malaysia’s territories while also being prepared for digitalization.
MSMEs should take advantage of this opportunity to evaluate their electric maturity, identify gaps, and move forward with a better, more agile, and future-ready business model, according to Liew.
As Liew assumed the position of president in December, he stated,” Up with my fellow councillors, we aim to foster greater business collaboration. This program reflects Pikom’s commitment to providing businesses with the necessary tools, insights, and partnerships to succeed in the modern economy. We are happy to back this significant federal agenda, and we will continue to encourage people ‘ active participation.
