Kuala Lumpur, 21 May 2020- To promote industrial cooperation between the information and communication technologies (ICT) industries of Taiwan and those of Malaysia, Brunei, New Zealand, and Australia, the Taiwan External Trade Development Council (TAITRA) has been commissioned by the Ministry of Foreign Affairs to hold the 2021 Asia Pacific Information and Communication Technologies Industry Online Conference and Seminar on May 25, 2021. In addition to ICT industry leaders from the abovementioned countries and 20 other potential buyers, the conference will also include five prominent Taiwanese ICT businesses that have won the Taiwan Excellence Award. These companies include the following: the internet of things (IoT) and the smart application company Advantech, the network communication equipment company D-LInk, the online learning and education solution provider AVer Information, the surveillance monitoring solution provider Vivotek, and the video streaming solution provider CyberLink which has held over 50,000 online seminars.
KUALA LUMPUR: Despite the surge in digital adoption rate among Malaysian consumers since the first movement control order in March last year, small-and-medium-sized enterprises (SMEs) are slow to catch up.
According to Virtualtech Frontier (VTF) founder Jason Low, a large portion of SMEs have yet to digitalise their business. As such, over 30,000 SMEs have closed in 2020 alone following the decline in business and inability to cope with high overhead costs.
As more businesses are adopting digitalization to ease the impact of the pandemic, those who are left out are finding it difficult to survive. The main challenges for SMEs in digitalization are insufficient technology, skillset, and funding. Many SMEs owners also find that they do not know how and where to digitalize.
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