KUALA LUMPUR – In facing the economic impact following the Covid-19 pandemic, the Perikatan Nasional (PN) government is taking an inclusive approach in enhancing the digitalisation agenda.
According to Prime Minister Tan Sri Muhyiddin Yassin, the Covid-19 pandemic has encouraged the government to seek new alternatives in ensuring the sustainability of economic and the wellbeing of the people.
“The digitalisation process will continue to be enhanced. Focus will also be given to develop digital economy to encourage post-Covid-19 national economic growth.
“For example, the government targets 40 percent of End-to-end or E2E services delivery to be fully digitalised by the end of 2020 compared to 20.2 percent in 2019,” he said during the launch of MalaysiaBiz portal.
According to Muhyiddin, the target will ensure sustainable digital economic growth which benefits everyone, in line with the potential of the Digital Economic Council and the Fourth Industrial Revolution (4IR) in the country.
Therefore, digital services delivery is very important, especially to the Small and Medium Industries (SME).
Muhyiddin said that in 2019, the SME had contributed 38.9 percent to the Gross Domestic Products (GDP) compared to 38.3 percent in 2018.
The SME is also targeted to contribute 45 percent of GDP by 2025 and 50 percent by 2030.
“Therefore, measures to generate SME growth will continue to be given emphasis, looking into the online purchasing trend today which showed the potential of SME to develop rapidly.
“Thus, the digitalisation process among businesses can be simplified,” he said.
The MalaysiaBiz portal launch would be a facilitator to the local businesses.
According to Muhyiddin, the portal developed by Malaysian Administrative Modernisation and Management Planning Unit (MAMPU) will work as a one stop centre by providing a one stop portal for online business registration and license application efficiently.
“MalaysiaBiz aims to create a business friendly environment to increase national competitiveness and drive local economic growth.
“I am confident that the objective of this portal can be achieved and thus support the government’s digital agenda,” he added. –MalaysiaGazette