MED to soon launch complete business data base , says Deputy Minister

Last update: 17/12/2018

KUALA LUMPUR, Dec 17 (Bernama) -- The Ministry of Entrepreneur Development (MED) will soon launch a complete business database to assist entrepreneurs who are slow in adopting information and communications technology (ICT) in order to digitalise their businesses.

Deputy Minister Datuk Wira Dr Mohd Hatta Ramli said the ministry was also keen to obtain data pertaining to enterprises which had already digitalised their businesses.

“This database is very important. We also need to get information from various ministries and agencies, and we hope they will fully cooperate with us,” he told reporters after launching the Small and Medium Enterprise (SME) Digitalisation White Paper here today.

The white paper is a collaboration between SME Corporation Malaysia (SME Corp) and Huawei Technologies (M) Sdn Bhd (Huawei Malaysia), stemming from the study on "Malaysian Digital SMEs" –conducted by both organisations.

Meanwhile, Mohd Hatta hoped local businesses would be fully digitalised by 2020, as full digitalisation of commerce would result in up to a six-fold increase in the number of businesses that export goods.....