Digital minister: 193 companies awarded Malaysia Digital Status in Q1 2024

Digital Minister Gobind Singh Deo said half of which are information technology companies leveraging on technologies such as blockchain, Web3 and Artificial Intelligence. — Picture by Sayuti ZainudinKUALA LUMPUR, April 22 — A total of 193 companies have been awarded the Malaysia Digital Status by the Malaysia Digital Economy Corporation in the first quater of 2024.

“We have also recently signed a memorandum of understanding with the world’s leading pre-accelerator, Draper University, to set up a base in Kuala Lumpur — its first campus outside Silicon Valley. Gobind said Malaysia’s digital economy has proved to be an important pillar to the country economy as it contributed 23 per cent to the gross domestic product .

He said it is estimated that Malaysia’s startup ecosystem is now valued at US$46 billion and growing.

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