KUALA LUMPUR, Oct 11 -- Communications and Multimedia Minister Gobind Singh Deo today welcomed the country’s budget for next year, which focuses on building more digital infrastructure and stimulating the digital economy.
He said the allocation announced for the purpose was timely as it would help the country realise its digital transformation agenda.
“It is right on track, which focuses on the future and empowers the people of Malaysia.
“It (the budget) is also in line with the objectives of the Ministry of Communications and Multimedia to realise the vision of forming a digital nation,” he told reporters after the tabling of Budget 2020 by Finance Minister Lim Guan Eng in Parliament here today.
Lim said the government would develop the necessary infrastructure to form a Digital Malaysia through the implementation of the National Fiberisation and Connectivity Plan (NFCP) over a five-year period.
The NFCP is slated to provide comprehensive high-speed broadband coverage and high-quality digital networks throughout the country, including rural areas.
The plan, according to Lim, will involve a total investment of RM21.6 billion, through private-public cooperation.
Meanwhile, RM210 million has been allocated to accelerate the deployment of new digital infrastructure for public buildings, especially schools, as well as high impact areas such as industrial parks.
MIRI, Oct 27 -- Sarawak is among the states receiving the highest allocation under Budget 2020, said Finance Minister Lim Guan Eng.
KUALA LUMPUR, Oct 18 -- The forecast improvement in global economic growth to 3.4 per cent next year from three per cent this year is in tandem with the country’s higher projected gross domestic product (GDP) expansion of 4.8 per cent from 4.7 per cent this year in the 2020 Budget, Finance Minister Lim Guan Eng said.
KUALA LUMPUR, Oct 18 -- The government needs to look into providing incentives and exemptions for local players in the online and digital sectors to create a more competitive and conducive business environment.
MANCHESTER, Oct 16 -- Industry players say the 2020 Budget tabled last Friday clearly reflects the government's commitment to developing the domestic logistics sector by addressing o...
Exclusive report by Jailani Hasan
LABUAN, Oct 16 --The Labuan Chamber of Malay Entrepreneurs ( DUML) has hailed the 2020 Budget presented by Finance Minister Lim Gu...
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KUALA LUMPUR, Oct 15 (Bernama) -- The government is advised to refine the implementation of the 90-day maternity ...
SHAH ALAM, Nov 1 -- The Selangor government today tabled the 2020 Budget totalling RM2.33 billion based on five key strategies, said Menteri Besar Amirudin Shari.
KUALA LUMPUR, Oct 12 -- The Government’s focus on strengthening institutions, governance and integrity is critical in restoring trust and confidence in the marketplace, Institute of Corp...
KUALA LUMPUR, Oct 12 -- Khazanah Research Institute (KRI) says the 2020 Budget has addressed some pressing issues facing the nation, while driving growth and attaining long-term equi...
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