Last Sunday (27 September 2020), in my capacity as Co Chair of the International Professional Services of the Malaysia Bar Council and the Belt And Road Committee of the Law Association For Asia And The Pacific (LAWASIA), I gave an online keynote speech on “Malaysia As A Digital Silk Road Hub Along The Belt And Road” at the Conference on Legal Risks and Countermeasures of International Investment and Trade in Beijing.
China Law Society hosted the event with China Exchange Center and Yingke Law Firm as Co Organizers.
I spoke about Covid-19 pandemic, its impact on the global economy, the K Shaped Recovery, and how Malaysia achieved its 5 years target for getting our people to adopt digital technology for work and daily life during 3 months of Covid-19 Movement Control lockdowns and is now the largest community of e-commerce users in ASEAN.
I highlighted Malaysia as a digital hub with Alibaba’s eWTP platform, Huawei’s Innovation Centre and China Mobile’s Global Services Hub located in Kuala Lumpur plus global tech companies’ interest in setting up a regional IT hub in Malaysia.
Malaysia’s MSC and principal hub incentives, strategic location, multilingual talent and the 144th position on the list of most expensive global cities behind Vietnam are some of the good reasons to locate digital economy businesses in Malaysia.
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