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K- ECONOMY
IN MALAYSIA
PRESENTED BY:
KAMALINA
 NUR SUHAIDA
 AINI FAZIHAH
 FATHIN NURBALQIS
MALAYSIA’S
VISION
• Malaysia’s vision must be to build a strong, resilient, vibrant
and competitive economy – growing by an annual average
rate of growth of 7 per cent to the year 2020 – driven most
strongly by a dramatic increase in the application of
knowledge to production and the development of new
knowledge-intensive industries.
• To achieve this vision, Malaysia must aim to grow significantly
faster than 7 per cent in the remaining years of the first
decade until 2010, because growth is expected to moderate
in the second decade as the economy becomes more
developed. The financial crisis which enveloped the region
recently further emphasizes the necessity to dramatically
invigorate growth rates in the coming years.
• If Malaysia can achieve this average annual growth rate of 7
per cent, it will have succeeded in accomplishing its
generational income-doubling plan. Its GNP, having doubled
every decade, would be eight times larger in 2020 than in
1990.
• Our new prime minister, Tun Dr Mahathir Mohamad said the
vision 2020 may be impossible. So it is confirmed that the
vision will be accomplished in 2050.
WHY THE
K-BASED
ECONOMY?
• Malaysia’s global competitiveness has seen some
erosion.
• Foreign competition has increased.
• Globalization and liberalization are motivating
Malaysia to prospect for new products and services
that will be competitive in the global market.
• There is a need to seek higher value-added, partly
to offset higher costs.
• There is a need to move into more profitable and
wealth-generating stages of production.
• New sources of growth are required.
• There is a need to meet the challenge of enhancing
total factor productivity
MALAYSIA TRANSITION TOWARD KNOWLEDGE-
BASED ECONOMY
THE LACK OF
ADEQUATE
KNOWLEDGE AND
SKILLED HUMAN
RESOURCES
INADEQUACY OF K-
ECONOMY
SUPPORTIVE
EDUCATION AND
TRAINING
INFRASTRUCTURE
A LACK OF R&D
CAPABILITY, A
RELATIVELY WEAK
SCIENCE AND
TECHNOLOGY BASE
A DEFICIENCY IN
INSTUTIONAL
SUPPORT AND INFO
STRUCTURE
A SLOWLY
EVOLVING
FINANCING SYSTEM
A LACK OF
TECHNOPRENEUR
Malaysia currently lacks some of the critical elements to support the k-economy. Among them:
1996, Malaysia has invested heavily to develop Multimedia Super Corridor (MSC), which
assisted as the highspeed backbone in the country that connects Malaysia to Japan,
USA and Europe, and ASEAN countries. The MSC has set the platform to build a
competitive cluster of local ICT companies and ICT industry.
The primary focus of these companies is software development for general enterprise
solutions, data warehousing, high-end specialized applications, and e- commerce. The
second phase of MSC involved the conferring of MSC Cybercity status to Bayan Lepas
Pulau Pinang and the Kulim Hi-Tech Park in Kedah. One of the concentrated focuses of
the Government to build ICT infrastructure for the future investment is the Cyberjaya. It
a town with a science park as the core that forms a key part of the Multimedia Super
Corridor in Malaysia.1
ICT background in Malaysia
ICT
DEVELOPMENT
IN MALAYSIA
Infrastructure and Services
• Cyberjaya:
 The official opening ceremony for Cyberjaya was held in May 1997 by then
Prime Minister, Mahathir bin Mohammad.
 Cyberjaya was considered Malaysia’s premier IT hub and has a
communication backbone using fiber optics known as Cyberjaya Metro
Fiber Network (CMFN) which facilitates as a straight connectivity to the
building using “Fiber-To-Building” concept with ring topology that ensures
full redundancy for the cables.
 Cyberjaya is planned as an intelligent city with ICT and multimedia
industries, R&D centers, a Multimedia University and operational
headquarters for multinationals wishing to direct their worldwide
manufacturing and trading activities using multimedia technology.
• Malaysia is giving the citizen great value and always emphasize that everyone
has the right to benefit from this technology.
 One example of this is the “One Home One Pc” initiative which covers the
low income and household in rural and remote areas.
 The rising demand for ICT usage pushed the government to think of
upgrading to IP version 6. Thus the Government setup the National
Consultative Counsel to study the implications of such upgrade in terms of
regulations, policy, manpower requirements, timeline, and investment.
 The usage of Radio Frequency Identification technologies will be used to
create ubiquitous network that will be used to intensify information usage
thus generating new value added activities and services within the ICT
industry.
SMART SCHOOL
&
E-BUSINESS/
TECHNOPRENEUR
DEVELOPMENT
DEVELOPMENT OF K-BASED
ECONOMY IN SCHOOLS
• Smart schools are active for entrepreneurship, using
modern methods to improve the quality of education, and
training qualified people who at any time have the
capability and efficiency of modern industry.
• Malaysia Ministry of Education described five features of
smart school curriculum:
• Holistic training and education that emphasizes
thinking skills,
• effective communication skills and emotional
• cognitive and social development; Integration of
life skills
• language and moral values knowledge
• Integration of vertical evaluation method;
Integration of multidisciplinary and interdisciplinary
curriculum; Integration of technology as a tool in
the teaching and learning process.
STARTING 2019, FORM
1 TO 3 STUDENTS CAN
BRING COMPUTER
DEVICES TO SCHOOL
TO REPLACE
TEXTBOOKS.
More than 10,000 schools
have internet access, says
Maszlee
Lets have a tech stream in
schools says, Gobind
• “In mathematics, we were thought to reflect and think, and had
to give reasons for equations, like whether it is true that one
plus one is two. And, if so, we had to give reasons why is it true.
We had to prove it in class — both students and teacher.
• “And, it didn’t matter if we get it wrong, as it is a learning
process. During break time, at the canteen, students had the
opportunity to play chess with the mathematics teacher. So, the
rapport was very strong between teachers and students.”
• On other activities by the National STEM Movement this year,
Noraini said the organisation would hold an Asia-Pacific
Roundtable event in November involving universities, industry
stakeholders, the ministry and the United Nations Educational,
Scientific and Cultural Organisation.
• “The event will focus on issues and challenges concerning STEM
education and best practices, higher-order thinking skills that
seem to not be successful, and Asia-Pacific collaboration going
forward.”
• “We will continue with the mentor-mentee programme, science
carnivals and hold the Malaysia Technology Exhibition in
February next year,” she said.
E-BUSINESS &
TECHNOPRENEUR
DEVELOPMENT
• the merging of technology knowledge and ability with
entrepreneurship skill and competency. It includes four
interrelated and complementary factors: context, firm, technology,
and entrepreneur; the merging of these factors is essential to
create competitive advantage.
• Much has been talked about the role of technopreneurs –
entrepreneurs who combine their passion for all things tech with
business know-how in transforming Malaysia into a knowledge-
based economy.
• Government and government-related agencies have, on their part,
created an environment that encourages start-ups. Organisations
such as MDec, Malaysian Global Innovation and Creativity Centre
(Magic), and Cradle Sdn Bhd offer funding opportunities, business
advisory services and physical infrastructure.
#YOUCANDUIT
#YouCanDuit: Wanita diseru
rebut peluang ekonomi
digital, tingkat pendapatan
Gegaria Fest 2018:
Erma Fatima, Aiman Tino
to appear at
#YOUCANDUIT booth
CONCLUSIONS
It seems clearly that the Government is fully focused on making Malaysia a key player in IT and
Multimedia industry. Keeping in mind the huge investments in IT, involving populace in using
ICT in their daily course of life, especially in all Governmental sectors as well as rural and
remote areas, international contribution and partnership with well-known international
institutions and IT companies, all these indicate that the intensified efforts are behind all the
current development in ICT infrastructure in Malaysia. The wheels of time are progressing in
line with the efforts of Malaysian to achieve this goal.

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k-economy in malaysia

  • 1. K- ECONOMY IN MALAYSIA PRESENTED BY: KAMALINA  NUR SUHAIDA  AINI FAZIHAH  FATHIN NURBALQIS
  • 2. MALAYSIA’S VISION • Malaysia’s vision must be to build a strong, resilient, vibrant and competitive economy – growing by an annual average rate of growth of 7 per cent to the year 2020 – driven most strongly by a dramatic increase in the application of knowledge to production and the development of new knowledge-intensive industries. • To achieve this vision, Malaysia must aim to grow significantly faster than 7 per cent in the remaining years of the first decade until 2010, because growth is expected to moderate in the second decade as the economy becomes more developed. The financial crisis which enveloped the region recently further emphasizes the necessity to dramatically invigorate growth rates in the coming years. • If Malaysia can achieve this average annual growth rate of 7 per cent, it will have succeeded in accomplishing its generational income-doubling plan. Its GNP, having doubled every decade, would be eight times larger in 2020 than in 1990. • Our new prime minister, Tun Dr Mahathir Mohamad said the vision 2020 may be impossible. So it is confirmed that the vision will be accomplished in 2050.
  • 3.
  • 4. WHY THE K-BASED ECONOMY? • Malaysia’s global competitiveness has seen some erosion. • Foreign competition has increased. • Globalization and liberalization are motivating Malaysia to prospect for new products and services that will be competitive in the global market. • There is a need to seek higher value-added, partly to offset higher costs. • There is a need to move into more profitable and wealth-generating stages of production. • New sources of growth are required. • There is a need to meet the challenge of enhancing total factor productivity
  • 5. MALAYSIA TRANSITION TOWARD KNOWLEDGE- BASED ECONOMY THE LACK OF ADEQUATE KNOWLEDGE AND SKILLED HUMAN RESOURCES INADEQUACY OF K- ECONOMY SUPPORTIVE EDUCATION AND TRAINING INFRASTRUCTURE A LACK OF R&D CAPABILITY, A RELATIVELY WEAK SCIENCE AND TECHNOLOGY BASE A DEFICIENCY IN INSTUTIONAL SUPPORT AND INFO STRUCTURE A SLOWLY EVOLVING FINANCING SYSTEM A LACK OF TECHNOPRENEUR Malaysia currently lacks some of the critical elements to support the k-economy. Among them:
  • 6. 1996, Malaysia has invested heavily to develop Multimedia Super Corridor (MSC), which assisted as the highspeed backbone in the country that connects Malaysia to Japan, USA and Europe, and ASEAN countries. The MSC has set the platform to build a competitive cluster of local ICT companies and ICT industry. The primary focus of these companies is software development for general enterprise solutions, data warehousing, high-end specialized applications, and e- commerce. The second phase of MSC involved the conferring of MSC Cybercity status to Bayan Lepas Pulau Pinang and the Kulim Hi-Tech Park in Kedah. One of the concentrated focuses of the Government to build ICT infrastructure for the future investment is the Cyberjaya. It a town with a science park as the core that forms a key part of the Multimedia Super Corridor in Malaysia.1 ICT background in Malaysia
  • 7. ICT DEVELOPMENT IN MALAYSIA Infrastructure and Services • Cyberjaya:  The official opening ceremony for Cyberjaya was held in May 1997 by then Prime Minister, Mahathir bin Mohammad.  Cyberjaya was considered Malaysia’s premier IT hub and has a communication backbone using fiber optics known as Cyberjaya Metro Fiber Network (CMFN) which facilitates as a straight connectivity to the building using “Fiber-To-Building” concept with ring topology that ensures full redundancy for the cables.  Cyberjaya is planned as an intelligent city with ICT and multimedia industries, R&D centers, a Multimedia University and operational headquarters for multinationals wishing to direct their worldwide manufacturing and trading activities using multimedia technology. • Malaysia is giving the citizen great value and always emphasize that everyone has the right to benefit from this technology.  One example of this is the “One Home One Pc” initiative which covers the low income and household in rural and remote areas.  The rising demand for ICT usage pushed the government to think of upgrading to IP version 6. Thus the Government setup the National Consultative Counsel to study the implications of such upgrade in terms of regulations, policy, manpower requirements, timeline, and investment.  The usage of Radio Frequency Identification technologies will be used to create ubiquitous network that will be used to intensify information usage thus generating new value added activities and services within the ICT industry.
  • 8.
  • 10. DEVELOPMENT OF K-BASED ECONOMY IN SCHOOLS • Smart schools are active for entrepreneurship, using modern methods to improve the quality of education, and training qualified people who at any time have the capability and efficiency of modern industry. • Malaysia Ministry of Education described five features of smart school curriculum: • Holistic training and education that emphasizes thinking skills, • effective communication skills and emotional • cognitive and social development; Integration of life skills • language and moral values knowledge • Integration of vertical evaluation method; Integration of multidisciplinary and interdisciplinary curriculum; Integration of technology as a tool in the teaching and learning process.
  • 11. STARTING 2019, FORM 1 TO 3 STUDENTS CAN BRING COMPUTER DEVICES TO SCHOOL TO REPLACE TEXTBOOKS.
  • 12. More than 10,000 schools have internet access, says Maszlee Lets have a tech stream in schools says, Gobind
  • 13. • “In mathematics, we were thought to reflect and think, and had to give reasons for equations, like whether it is true that one plus one is two. And, if so, we had to give reasons why is it true. We had to prove it in class — both students and teacher. • “And, it didn’t matter if we get it wrong, as it is a learning process. During break time, at the canteen, students had the opportunity to play chess with the mathematics teacher. So, the rapport was very strong between teachers and students.” • On other activities by the National STEM Movement this year, Noraini said the organisation would hold an Asia-Pacific Roundtable event in November involving universities, industry stakeholders, the ministry and the United Nations Educational, Scientific and Cultural Organisation. • “The event will focus on issues and challenges concerning STEM education and best practices, higher-order thinking skills that seem to not be successful, and Asia-Pacific collaboration going forward.” • “We will continue with the mentor-mentee programme, science carnivals and hold the Malaysia Technology Exhibition in February next year,” she said.
  • 14. E-BUSINESS & TECHNOPRENEUR DEVELOPMENT • the merging of technology knowledge and ability with entrepreneurship skill and competency. It includes four interrelated and complementary factors: context, firm, technology, and entrepreneur; the merging of these factors is essential to create competitive advantage. • Much has been talked about the role of technopreneurs – entrepreneurs who combine their passion for all things tech with business know-how in transforming Malaysia into a knowledge- based economy. • Government and government-related agencies have, on their part, created an environment that encourages start-ups. Organisations such as MDec, Malaysian Global Innovation and Creativity Centre (Magic), and Cradle Sdn Bhd offer funding opportunities, business advisory services and physical infrastructure.
  • 15. #YOUCANDUIT #YouCanDuit: Wanita diseru rebut peluang ekonomi digital, tingkat pendapatan Gegaria Fest 2018: Erma Fatima, Aiman Tino to appear at #YOUCANDUIT booth
  • 16.
  • 17. CONCLUSIONS It seems clearly that the Government is fully focused on making Malaysia a key player in IT and Multimedia industry. Keeping in mind the huge investments in IT, involving populace in using ICT in their daily course of life, especially in all Governmental sectors as well as rural and remote areas, international contribution and partnership with well-known international institutions and IT companies, all these indicate that the intensified efforts are behind all the current development in ICT infrastructure in Malaysia. The wheels of time are progressing in line with the efforts of Malaysian to achieve this goal.