Communications & multimedia industry contributes 8.1% to Bursa Malaysia's market cap

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This amounts to RM1.736 trillion as of Dec 31, 2023. theSun thesundaily Malaysia BursaMalaysia marketcapitalisation

: The communications and multimedia industry plays a prominent role in the economic landscape of Bursa Malaysia, as it accounts for approximately 8.1 per cent or RM140.38 billion of total market capitalisation amounting to RM1.736 trillion as of Dec 31 last year.said the significant contribution demonstrated the industry’s pivotal role in fostering the growth of the digital economy and the development of robust ecosystems.

“Through the facilitation of efficient communication channels and multimedia platforms, this industry serves as a catalyst for various sectors to harness the power of connectivity and innovation,” he said in his speech read out by Communications and Digital Ministry Secretary-General Datuk Mohamad Fauzi Md Isa at the launch of the Converged Telecommunications Policy and Regulations 2023 Master Class here today.

“These areas are paramount in shaping the landscape of national as well as international telecommunications law and policy,” he said, adding that he hoped the participants would obtain the right skills, competencies and new knowledge to equip and upskill themselves with these inevitable changes. Meanwhile, MMU president and chief executive officer Prof Datuk Dr Mazliham Su’ud said the CTPR Master Class is a collaborative effort between the university, the Malaysian Communications and Multimedia Commission and the Global System for Mobile Communications Association of London.

 

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