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MGBF roundtable to shape Malaysia’s future in the digital economy

 The Malaysia Global Business Forum (MGBF) will be hosting a roundtable on ‘Designing the Future of the Digital Economy’ on 23 February 2023. It is the culmination of the first three MGBF Exclusive Roundtable Series titled ‘The Evolving Threat Matrix in the Digital Economy’ held throughout 2022. According to the Malaysia Digital Economy Corporation (MDEC), the digital economy is currently contributing 22.6 per cent to the country’s gross domestic product (GDP), with a projected growth to 25.5 per cent by 2025. This level of contribution has made it imperative for the Malaysia Global Business Forum to bring together high-level speakers at the roundtable to explore ways to chart the way forward for Malaysia’s future of its digital economy. Amongst the objectives of the upcoming MGBF roundtable is to position Malaysia in Southeast Asia’s digital economy, which was estimated to be valued at USD200 billion (RM853 billion) in gross merchandise value [...]

MGBF roundtable to shape Malaysia’s future in the digital economy2023-01-30T10:53:39+08:00

Death by a Thousand Algorithms

More than 1,100 years ago, Muhammad ibn Musa al-Khwarizmi was developing the mathematical formulas that we know today as algorithms which now have become so intertwined with the business fortunes of global media giants and the very fabric of geopolitics. A series of recent high level international reports have revealed pockets of Coordinated Inauthentic Behaviour (CIB) in the realm of social media and the cyber domain. While the international reports highlighted their existence, they stop short of explaining their impact on various populations. The rise of an even more sophisticated form of activity has emerged – cyber-social attacks which brings together a generation of knowledge in cyber incursions coupled with the latest developments in social media manipulation. These aggressive, malicious, and targeted attacks have left crisis response teams in the business and political worlds with their heads spinning. The Crisis Management Centre issued a report stating that there were massive [...]

Death by a Thousand Algorithms2022-10-20T22:31:37+08:00

Overcoming Supply Chain Disruptions: The changing dynamic of threats & opportunities in Asia

The game has changed, the rules are evolving, and the prize is increasing – all making for an exciting dynamic for businesses to manage in Asia-Pacific. As we look at the rapid changes brought on by various supply chain disruptions in Asia, the baseline understanding for companies that are expanding operations has come up several levels as the threat matrix has been evolving. Terms like “Friend Shoring” and “Weaponised Supply Chains” were not mentioned a few months ago, but they are key strategies for many looking to dominate markets across the region. Opportunities, in the meantime, are growing substantially. Population growth, increased wealth in high-growth countries and niche markets that reflect massive diversity in the region will continue to dominate the narrative of business expansions. But what are the challenges we must overcome to access the emerging opportunities? Join Nordin Abdullah, Founder of the Crisis Management Centre, and representatives of [...]

Overcoming Supply Chain Disruptions: The changing dynamic of threats & opportunities in Asia2022-09-05T11:28:41+08:00

KSK Land recognised for investor attraction strategy

KSK Land has been recognised by the Malaysia Global Business Forum (MGBF) for its role in attracting high net-worth individuals to Malaysia post-pandemic. The first challenge in investor attraction is “selling” the country. In the context of Asia, Malaysia is competing with some very established investment destinations. The second is to position the city as a highly liveable city with the connectivity to regional and global markets. The team at KSK Land has successfully sold Malaysia, the city of Kuala Lumpur, and the property 8 Conlay to a selection of global investors looking for a strategic position in ASEAN. MGBF founding chairman, Nordin Abdullah, said, “We have seen in cities like London that high net-worth investors often start with the purchase of an iconic property. After establishing a footprint and spending more time in the city, the investor finds ways to integrate Malaysian opportunities into their global business operations.” “For [...]

KSK Land recognised for investor attraction strategy2022-09-18T08:36:13+08:00

ADDRESSING DIGITAL RESILIENCE IN THE CORPORATE SECTOR

KUALA LUMPUR, 30 March 2022 – The Malaysia Global Business Forum (MGBF)’s exclusive roundtable on ‘Digital Resilience in the Corporate Sector’ was held in a hybrid setting yesterday at the Element by Westin Kuala Lumpur. The discussion focused on what business leaders need to understand, to ensure business resilience and sustainability as well as to remain relevant in the digital economy especially as part of their post-COVID-19 recovery strategies. In attendance as guest of honour was Deputy Minister of Communications and Multimedia, Datuk Zahidi Zainul Abidin. In his keynote speech titled ‘Driving Digital Resilience in the Context of Regulatory and Policy Frameworks’, Datuk Zahidi said, “The Malaysian government will also continue to invest in digital infrastructure. The case in point will be the 5G rollout. The new 5G networks support a massive number of connected devices and are expected to be much faster, reliant, and efficient. 5G technology will also provide [...]

ADDRESSING DIGITAL RESILIENCE IN THE CORPORATE SECTOR2022-04-14T12:14:12+08:00
 
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