UK tech firms' investment shows confidence in M'sian economy - Gobind

  • 📰 malaysiakini
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Communications and multimedia minister says that the move will also help enhance innovation in the country.

The decision of five British technology firms to invest in Malaysia is a sign of growing confidence in the economy, Communications and Multimedia Minister Gobind Singh Deo said today.

"As Malaysia continues to implement technologies such as artificial intelligence, robotics and cybersecurity, the investment of more UK tech companies to Malaysia highlights their confidence that the country is moving in the right direction. "I also hope these investments will open up prospects for businesses in both countries, and help ensure we maximise the benefits of technology for our societies and nation," he said.

Mitra Innovation, meanwhile, is working in collaboration with a Malaysian partner to modernise the tech ecosystem by using AI to improve cybersecurity.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gobind: Malaysia Innovation Policy Council to drive growth of tech industry | Malay MailKUALA LUMPUR, April 25 — The Malaysia Innovation Policy Council (MIPC) established three months ago will serve as the platform for the private sector to propose digital tech initiatives, that come with policy and regulatory challenges that hinder innovation and digital economic growth for the...
Source: malaymail - 🏆 1. / 86 Read more »