KUALA LUMPUR: The MyDigitalWorkForce Work In Tech (MYWiT) initiative announced today by Malaysia Digital Economy Corporation (MDEC) is a testament to the government's continued effort to sustain the tech industry, Communications and Multimedia Minister Datuk Saifuddin Abdullah said.
He said it also served as a boost to increase capabilities and capacities to enable the digital business industry to survive and thrive.
"Together with MDEC, the government will continue to drive the digital economy forward and accelerate towards achieving the goals as set forth in MyDIGITAL in ensuring shared prosperity for all," he said in a statement.
MDEC said MYWiT is a training and hiring incentive programme aimed at boosting the digital business services sector as well as developing quality tech talents in Malaysia with the objective to upskill and subsidise talents and businesses with RM100 million in training and salary incentives.
It said the programme is an extension of the #MyDigitalWorkforce Movement that MDEC launched last year to help reskill and upskill Malaysians for digital economy jobs.
"More than 300 companies within these sectors are expected to gain from this programme while an estimated 6,000 job opportunities will be created with the aim to produce at least 1,000 quality tech talents.
"This is in line with the government's Malaysia Digital Economy Blueprint (MyDIGITAL) which targets to create 500,000 jobs for Malaysians by 2025," it said.
MDEC chairman Datuk Dr Rais Hussin Mohamed Ariff said that in a landscape transformed by the pandemic, embracing digitalisation and Industrial Revolution 4.0 (4IR) technologies are vital for businesses and the Malaysian workforce.
Hence, he said, through the initiative, MDEC would pursue its mandate in ensuring that it brings innovation and advancement in the workplace and businesses in support of the MyDIGITAL promise.
"Skilling Malaysians digitally as facilitated by employer-incentivised programmes like MYWiT, counters unemployment, progressing our nation along the Malaysia 5.0 journey," he added.
MDEC chief executive officer Surina Shukri said MDEC targeted to incentivise tech companies prepared to hire, upskill and adequately compensate the Malaysian workforce, directly averting and eradicating the impact that COVID-19 is exerting on unemployment.
"At the most fundamental level, the programme accelerates Malaysia's journey towards being a digital society through creating digital opportunities for the people, businesses and the economy as a whole, in line with MyDIGITAL," she said.
MDEC said MyWiT is made up of two components -- the Digital Business Services (DBS) that is open to fresh graduates, unemployed and retrenched individuals and Digital Tech Apprenticeship (DTA) initiatives that is open to the unemployed and retrenched employees.
It said DBS is aimed at incentivising companies who are hiring fresh graduates or unemployed Malaysians for digital business services roles within their organisation and offers a minimum incentive of between RM9,800 and RM20,600 per employee.
Meanwhile, it said DTA is targeted at companies that are hiring unemployed Malaysians for high demand tech jobs in areas such as data science, software development and cybersecurity, offering a total incentive package of RM15,200 per employee.
It said to qualify for both the DBS and DTA incentives, the company must be incorporated in Malaysia and is committed to offering employment for a minimum of 12 months with a maximum hiring quota set at 500 pax for DBS and 50 for DTA.
On the other hand, it said individuals seeking to benefit from MyWiT must be Malaysian citizens and must not be a current or past beneficiary of any of MDEC's MyWiT incentives or part of PenjanaKerjaya 2.0 and Penjana KPT-CAP programmes.
It said MDEC's initiatives under the pillar of Digital Jobs and Skills have impacted more than two million Malaysians from 2016 to the third quarter of 2020.
It added that to date, the agency has reached out to support the workforce in accessing skilling and income opportunities through programmes and initiatives which include the Digital Skills Training Directory, Global Online Workforce (GLOW) as well as Go-eCommerce.
-- BERNAMA
Bernama
Mon Apr 05 2021
Saifuddin said it also served as a boost to increase capabilities and capacities to enable the digital business industry to survive and thrive. - Astro AWANI
ISIS Malaysia's perspective of Budget 2025
An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Budget 2025: Record increase in STR, SARA aid initiatives
The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
What policies to expect from Indonesia's new President Prabowo
Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS
The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Israel sends more troops into north Gaza, deepens raid
Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Indonesia ramps up security ahead of Prabowo's inauguration
Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods
Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM
Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
NFOF will be operational in November 2024 with funding of RM1 bil
PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Minimum wage to increase to RM1,700 effective Feb 1, 2025
The Progressive Wage Policy would be fully enforced next year with an allocation of RM200 million, benefiting 50,000 workers.
Bursa Malaysia ends higher on Budget 2025 optimism
The benchmark index, which opened 1.85 points higher at 1,643.29, moved between 1,641.71 and 1,649.31 throughout the trading session.
Five important aspects relating to people’s lives in Budget 2025 - PM
The focus is on driving the MADANI Economy, speeding reforms, cutting red tape, raising wages, and tackling the cost of living.
Economic outlook: Govt plans to leverage, expand existing city transit system
The expansion aims to provide a more efficient and reliable public transportation network, reduce congestion, and improve accessibility.
Economic outlook: Budget 2025 to lay foundation for a digital-driven economy
The report said Budget 2025 will entail efforts to position Kuala Lumpur as a top 20 global startup hub by 2030 through the KL20 initiative.
Economic outlook: Corruption and lack of accountability hinder economic progress
Special Cabinet Committee on National governance is established to curb corruption, law reforms to modernise outdate regulations, MoF said.
National Wages Consultative Council will be strengthened
The govt will also incentivise hiring women returning from career breaks, offer job matching and improve care services facilities.
Economic outlook: Ensuring 11 years of compulsory education for all children
Budget 2025 will continue prioritising upskilling and retraining initiatives to equip workers with the latest skill sets necessary.
Consolidated public sector projected to record lower surplus of RM41.7 bil 2024
The MoF said the consolidated general government revenue is estimated to increase slightly to RM384.7 billion in 2024.
PM announces substantial Budget 2025 hastening Malaysia to become Asian economic powerhouse
Datuk Seri Anwar Ibrahim said it would create jobs and also tackle financial leakages to enhance public spending efficiency.