Tag: Malaysia 5.0

Card Payments Continue To Rise In Malaysia Amid COVID-19

Malaysia has traditionally been a cash-dominant society. However, the COVID-19 pandemic has accelerated Malaysia’s push towards electronic payments, with card payments at point of sale (POS) terminals continuing to rise, according to GlobalData, a leading data and analytics company. According to GlobalData estimates, card payments in Malaysia will grow by 4.3% to reach MYR214.4bn (US$52.4bn) […]

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Digital Assets Exchanges To Become An Essential Part Of Malaysia 5.0

Malaysia Digital Economy Corporation (“MDEC”) is tasked with organising and leading Malaysia’s Digital Economy forward. MDEC has recently announced Malaysia 5.0, which can contribute to a more sustainable and circular economy by building this national digital ecosystem with a unified alliance of stakeholders both within government and across private enterprise to enable business and societal migration to the digital […]

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