The window in now open for applications for the Malaysia Digital Acceleration Grant (MDAG) 2023, the Malaysia Digital Economy Corporation (MDEC) has announced. The funding is designed to help companies in the digital sector enhance their operations through the continued utilisation of technology, foster innovation within the country’s digital ecosystem and generate more jobs. “MDAG […]
Five major projects have been announced by the UAE’s Ministry of Finance as it seeks to develop the national economy. The projects include corporate tax, supply chain strategies, climate data transparency and partnerships between the public and private sector. The finance ministry’s initiative are an attempt to manage UAE government resources and help contribute to […]
The Reserve Bank of India (RBI) is appealing to businesses to take part in pilot programmes using the e-rupee in a bid to push the number of transactions to a million a day. India’s central bank began trials last year of its digital currency, or e-rupee, with large state-owned and private lenders, both in the […]
China has seen a huge increase in the size of its digital economy, which has grown by $4.1 trillion over the past seven years, according to a new study. A research report, presented to the Global Digital Economy Conference 2023 in Beijing, said China’s digital economy growth during 2016-2022 amounted to an annual growth rate […]
Malaysia’s private sector companies must work together to stamp out corruption and commit to doing business with integrity to improve the business environment across the country. That’s the view of the Coalition for Business Integrity (CBI), which issued its call to action at a high-level conference held in Penang, which was attended by more than […]
Jobs in so-called ‘white-collar’ sectors in India saw 3% decline in June as sectors such as IT, retail, business process outsourcing (BPO), education and insurance acted cautiously when it came to hiring, according to the Naukri JobSpeak Index. Year-on-year analysis showed that there were 2,795 job postings in June, compared with 2,878 in June 2022. […]
A leading UK accountancy body is collaborating with Chinese partners to drive high-standard, sustainable international cooperation through the Belt and Road Initiative (BRI), the global infrastructure development policy adopted by the Chinese government to invest in more than 150 countries and international organisations. The Association of Chartered Certified Accountants (ACCA) believes the BRI provides significant […]
The Indian economy is set to grow by 6.3% for the current fiscal year, up from 6% predicted earlier in the year, according to a leading credit ratings agency. Robust growth in the first quarter and strong short-term momentum prompted Fitch Ratings to raise its forecast for growth. It said: “The economy also continues to […]
Dubai has launched a new initiative to help attract digital start-ups to the emirate as the UAE seeks to double the contribution of the tech sector to its gross domestic product over the next decade. The Dubai Chamber of Digital Economy initiative, which will be launched in September, will offer a set of incentives for […]
