Speaking at the Sintok Dialogue @ ECOFI 2021 organised by the Universiti Utara Malaysia’s Economic and Financial Policy Institute or ECoFI yesterday, he said technology and the digital economy were the keys to the nation’s economic recovery.
It is estimated that only about one-third of Malaysian businesses have implemented digital transformation strategies, with less than one out of every four businesses having a dedicated digital strategy team. To address these challenges, Muhammad Umar said the government had launched several initiatives as a call-to-action to promote business digitalisation, including the MyDigital Economy Blueprint rolled out by the Economic Planning Unit in February this year.
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