Surina Shukri CEO, Malaysia Digital Economy Corporation

JANUARY 15, 2020

Shared Prosperity:

Inclusivity Drives

Digital Growth

Video Link

https://www.youtube.com/watch?v=iohK6RNuoQw

The digital economy is approaching a

critical tipping point. By 2023, the global

economy will finally reach “digital

supremacy” with more than half of all GDP

worldwide driven by products and services

from digitally transformed enterprises.

- International Data Corporation

INTERNET ECONOMY IS EXPECTED TO GROW BY 200% IN THE NEXT 5 YEARS

SEA Internet economy has leapt nearly 40% from 2018 to

exceed $100B in Gross Merchandise Value (GMV) in 2019. The $300B forecast in 2025 may arrive sooner!

Source: Google & Temasek e-Conomy SEA 2019 Report

$32

Billion

2015

$100 Billion

2019

$300 Billion

2025

ASEAN POPULATION IS EXPECTED TO GROW

BY LESS THAN 1% IN THE NEXT 5 YEARS

Source: World Bank

Population growth rate (Global)

How can the internet economy

grow by 200% ...

when our population is only

growing by less than 1% ?

ASEAN DIGITAL ECONOMY IS SHIFTING AWAYFROM BIG METROPOLISES

Source: Google & Temasek e-Conomy SEA 2019 Report

2019 2025

% Metros

% Beyond Metros

Source: Google & Temasek e-Conomy SEA 2019 Report

Consumer

services at

remote locations

are quickly

becoming part of

the digital

economy.

`

Herein lies the

opportunity

for tech

companies

seize!

Source: Google & Temasek e-Conomy SEA 2019 Report

An online recruitment platform

in Phnom Penh for low &

unskilled workers, which can be

utilised by even illiterate job-

seekers.

They are set to become the top

job seeking portal in Cambodia.

Vietnam’s first online

marketplace that focuses on

the rural consumers rather than

the city dwellers.

They are one of the top e-

commerce marketplace in

Vietnam.

An upcoming startup that is

focused on providing delivery

services to the B40 community in

the east coast of Peninsular

Malaysia

Unicorns are also looking to expand beyond big

cities

Shared Prosperity

By being inclusive, we stand a greater

chance to increase our business footprint

while addressing real-life issues

ABOUT MDEC 13

Digitally-Skilled

Malaysians

Upskilling all Malaysians to be

digitally skilled and contribute to the

growth of the leading digital

economy in ASEAN

Digitally-Powered

Businesses

Clear end-to-end support for

business;

Growing Startups,

Digitalising SMEs

Globalising Scale Ups

Digital Investments

Recognised globally for;

• Animation, game development,

and esports;

• Data Centres;

• Global test bed for ICT and digital

for nearly 25 years

Malaysia, Heart of Digital ASEAN

Our Three Pillars

DIGITALISATION IS THE SOCIAL EQUALISER

Thank you

#LETSBUILDTOGETHER