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Malaysia Budget 2014: ICT Industry Reactions
October 28, 2013
Computerworld Malaysia
Avanti Kumar

Hitachi Sunway Group chief executive officer, Cheah Kok Hoong, said, "Budget 2014 is a well balanced strategy to focus on strengthening domestic growth and to restore fiscal health of the country. In the aspect of ICT, the rollout of the second phase of HSBB will definitely see deeper penetration of ecommerce activities in the country driven by the growing mobility trends. Malaysia is a country considered having "relatively high" internet penetration across all age groups. Based on a recent report by United Nations' International Telecommunication Union (ITU), Malaysia stood out as having the fourth-highest proportion of 'digital natives' [youths ages 15 to 14 with at least five years of active internet use] in the world."

"The growing Internet activities will directly encourage the building of IT platforms and infrastructures in the country, thus drive up the level of activities in the ICT industry. We shall see more companies embracing technologies such as Cloud to upgrade their current IT capabilities, infrastructures and systems to support business demands," said Cheah.