The Madani government has unveiled a RM1.5 billion fund to accelerate the digitalisation of micro, small, and medium enterprises (MSMEs), aiming to enhance business competitiveness. Digital Minister Gobind Singh Deo stated the initiative seeks to lower cost barriers and improve access to digital solutions and financing.
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Madani Government Launches RM1.5 Billion MSME Digitalisation Fund
Highlighting the importance of technology in sectors like retail, tourism, and agriculture, he emphasized its role in boosting revenue, efficiency, and productivity. Acknowledging high implementation costs, the Business Digitalisation Initiative (BDI) was launched to support entrepreneurs in overcoming these challenges and expanding digital adoption across industries.
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