Shared Prosperity: Inclusivity Drives Digital Growth Surina Shukri - - PowerPoint PPT Presentation

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Shared Prosperity: Inclusivity Drives Digital Growth Surina Shukri - - PowerPoint PPT Presentation

Shared Prosperity: Inclusivity Drives Digital Growth Surina Shukri CEO, Malaysia Digital Economy Corporation JANUARY 15, 2020 Video Link https://www.youtube.com/watch?v=iohK6RNuoQw The digital economy is approaching a critical tipping point


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Surina Shukri CEO, Malaysia Digital Economy Corporation JANUARY 15, 2020

Shared Prosperity: Inclusivity Drives Digital Growth

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

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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
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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

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ASEAN POPULATION IS EXPECTED TO GROW BY LESS THAN 1% IN THE NEXT 5 YEARS

Source: World Bank

Population growth rate (Global)

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How can the internet economy grow by 200% ... when our population is only growing by less than 1% ?

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ASEAN DIGITAL ECONOMY IS SHIFTING AWAY FROM BIG METROPOLISES

Source: Google & Temasek e-Conomy SEA 2019 Report

2019 2025

% Metros % Beyond Metros

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Source: Google & Temasek e-Conomy SEA 2019 Report

Consumer services at remote locations are quickly becoming part of the digital economy.

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`

Herein lies the

  • pportunity

for tech companies seize!

Source: Google & Temasek e-Conomy SEA 2019 Report

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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

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Unicorns are also looking to expand beyond big cities

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Shared Prosperity

By being inclusive, we stand a greater chance to increase our business footprint while addressing real-life issues

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ABOUT MDEC

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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

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DIGITALISATION IS THE SOCIAL EQUALISER

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Thank you

#LETSBUILDTOGETHER