Budget 2025: Not Enough For Malaysia’s Digitalisation Push?

In this episode of Enterprise Explores, we dive into Malaysia’s Budget 2025 and its implications for businesses with a focus on digital transformation and economic growth. Joining me are Ong Chin Seong, Chairman of PIKOM, and Aaron Sarma, General Partner of ScaleUp Malaysia, to unpack key incentives aimed at fostering innovation and supporting SMEs.

Budget 2025 outlines a clear commitment to building Malaysia’s digital economy, with initiatives including:

• RM3.8 billion in loans from Bank Negara Malaysia to help SMEs automate and digitalise operations.

• RM100 million for Digital Economy Centres to support small entrepreneurs selling products online.

• Accelerated e-invoicing implementation from July 2025.

• Tax incentives for high-tech sectors like integrated circuit design and smart logistics.

• Increased focus on cybersecurity and investment frameworks to attract high-value digital technology investments.

We discuss how these measures will shape the future of Malaysia’s tech sector and explore the opportunities and challenges for businesses navigating this evolving landscape. Tune in to hear how Budget 2025 could impact your business and drive Malaysia’s digital future.

This BFM Budget 2025 Special is brought to you by Mah Sing – Reinvent Spaces. Enhance Life.