Malaysia’s technological hub, Cyberview Sdn Bhd. has released a commentary on the National Budget 2019 that covered the Industry 4.0 and Malaysia as a Technology Hub.
“We are delighted that the 2019 budget announcement focuses on reinstating Malaysia’s economic position as ‘Harimau Asia’ through strategic initiatives and allocations that contribute to cultivating the country’s entrepreneurial culture and ensuring the well-being of Malaysians alike.
As the first federal budget to be announced by the new administration, NEM Foundation and its subsidiary NEM Malaysia put in their comments on the matter.
Budget 2019 demonstrated the Government’s desire to restore Malaysia’s status as an “Asian Tiger”, but remain focused on institutional reforms, accelerating the nation’s economy, while at the same time prioritising the people's wellbeing.
Just as the Government aspires to “reshape the administration of this nation in a more developed, competitive and transparent manner”, NEM’s charter is to support organisations to improve transparency, prevent fraud and establish trust in their operations through blockchain technology.
The Budget 2019 carries the theme of "Credible Malaysia, Dynamic Economy, Prosperous Rakyat".
Tabled by Finance Minister Lim Guan Eng earlier today, it focuses on institutional reforms, the people's wellbeing and promotion of entrepreneurial culture to recapture Malaysia's "Economic Tiger" status.