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Budget 2025 sets the course for a digital future
Free Malaysia Today
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12/28/2024
As Asean Chair next year, Malaysia is poised to lead the charge.
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#FMTNews #Budget2025 #DigitalFuture #AI
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00:00
Malaysia's 2025 budget lays the foundation for the country to lead ASEAN, the grouping
00:07
it chairs next year, into the digital future.
00:10
The budget earmarks RM10 million for the National Artificial Intelligence Office, positioning
00:15
Malaysia at the forefront of AI, paralleling global leaders like Singapore and Germany.
00:22
An additional RM50 million under Digital PMKS Madani and Digital Penjaja Madani grants will
00:27
empower local entrepreneurs with essential digital tools, while a strategic RM1 billion
00:33
fund bolsters high-value digital businesses, carving out Malaysia's role as Southeast
00:37
Asia's new tech hub.
00:39
The workforce is also getting a futuristic makeover, with RM7.5 billion dedicated to
00:45
training programs in sectors from automation to AI, ensuring Malaysia's competitiveness
00:50
in the tech-driven future.
00:52
This extensive investment in human capital is designed to equip Malaysians with the skills
00:57
needed for tomorrow's jobs, aligning with the global demand for high-tech expertise.
01:03
Partnerships with major corporations like TNB and Symedarbi will provide practical industry-specific
01:08
training, further enhancing the workforce's readiness for emerging technological challenges.
01:14
An additional RM100 million under the Skills Development Fund targets the preparation of
01:19
over 20,000 trainees for technical roles in burgeoning fields like EV, aerospace and AI,
01:26
setting a solid foundation for Malaysia's future economic resilience.
01:31
Under its ASEAN chairmanship, Malaysia will spearhead the ASEAN AI Safety Network and
01:35
continue its pioneering efforts in the digital domain.
01:39
While Budget 2025 is an economic blueprint, it's also a bold commitment to digital infrastructure,
01:45
strategic investments and technological sovereignty, positioning Malaysia as a leader in ASEAN's
01:50
inclusive and sustainable digital future.
01:54
Natasha Bust, FMT News.
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