According to Malaysia Digital Economy Corporation, the digital economy is contributing 22.6 per cent to the country’s Gross Domestic Product, and this is set to rise to 25.5 per cent by 2025. theSun theSundaily malaysia Internet economy Digital
: Internet bandwidth demand in Malaysia has continued to soar, with the Malaysia Internet Exchange recording a peak of 1.9 terabytes per second in December 2022 which represents a more-than-threefold surge from the 588 gigabytes per second posted in May 2020.
“In addition, due to rapid growth of video conferencing and traffic, together with large-scale display technologies, which brings about video traffic requiring very high bandwidth, we foresee demand for Internet bandwidth increasing in the months and years ahead. According to Malaysia Digital Economy Corporation, the digital economy is contributing 22.6 per cent to the country’s Gross Domestic Product, and this is set to rise to 25.5 per cent by 2025.
Suggestions include reinstatement of the cabotage exemption policy for foreign vessels to conduct undersea cable repairs, as various foreign multinationals have already invested substantially in submarine cables connecting Malaysia to other parts of the world.
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