{"id":7045,"date":"2020-11-28T12:57:04","date_gmt":"2020-11-28T04:57:04","guid":{"rendered":"https:\/\/newmalaysiatimes.com\/?p=7045"},"modified":"2020-11-28T12:57:09","modified_gmt":"2020-11-28T04:57:09","slug":"prime-will-drive-digital-adaptation-boost-competitiveness-of-msme","status":"publish","type":"post","link":"https:\/\/newmalaysiatimes.com\/?p=7045","title":{"rendered":"PRIME will drive digital adaptation, boost competitiveness of MSME"},"content":{"rendered":"\n<p>PUTRAJAYA, Nov\u00a0&#8212;\u00a0The Digital Economy Realisation Programme (PRIME) is an initiative drawn up\u00a0to drive digital adaptation among micro, small and medium enterprises (MSMEs) as well as boost\u00a0their competitiveness, said Communications and Multimedia Minister Datuk Saifuddin Abdullah.<\/p>\n\n\n\n<p>He said&nbsp;PRIME, an initiative under&nbsp;MYNIC, an agency under the Communications and Multimedia Ministry (KKMM), is offering 20,000 free .BIZ.MY domain names to eligible MSMEs, involving an estimated value of RM1.6 million.<\/p>\n\n\n\n<p>\u201cWe hope the free.BIZ.MY domain name will encourage entrepreneurs to venture into online business\u00a0and e-commerce platforms in a bid to grow their businesses, in line with various government initiatives in driving the digital economy,\u201d\u00a0he said.<\/p>\n\n\n\n<p>\u201cMSMEs are the backbone of\u00a0the country\u2019s economic growth and KKMM supports this initiative (PRIME) to help drive the digital economy in Malaysia,\u201d\u00a0he said after launching PRIME virtually, here today.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/11\/7684491d6fe6bc4d55eee75a83f52c4c5fc0f16b8c86e-1024x587.jpg\" alt=\"prime\" class=\"wp-image-7046\" width=\"491\" height=\"281\" srcset=\"https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/11\/7684491d6fe6bc4d55eee75a83f52c4c5fc0f16b8c86e-1024x587.jpg 1024w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/11\/7684491d6fe6bc4d55eee75a83f52c4c5fc0f16b8c86e-300x172.jpg 300w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/11\/7684491d6fe6bc4d55eee75a83f52c4c5fc0f16b8c86e-768x440.jpg 768w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/11\/7684491d6fe6bc4d55eee75a83f52c4c5fc0f16b8c86e-174x100.jpg 174w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/11\/7684491d6fe6bc4d55eee75a83f52c4c5fc0f16b8c86e-350x201.jpg 350w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/11\/7684491d6fe6bc4d55eee75a83f52c4c5fc0f16b8c86e-800x459.jpg 800w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/11\/7684491d6fe6bc4d55eee75a83f52c4c5fc0f16b8c86e.jpg 1043w\" sizes=\"auto, (max-width: 491px) 100vw, 491px\" \/><\/figure><\/div>\n\n\n\n<p>Saifuddin said&nbsp;various government initiatives such as the National Economic Recovery&nbsp;Plan (PENJANA),&nbsp;the&nbsp;Prihatin&nbsp;Rakyat&nbsp;Economic Stimulus Package&nbsp;(PRIHATIN) as well as&nbsp;the establishment of the National Digital&nbsp;Economy and&nbsp;Fourth Industrial Revolution&nbsp;(4IR)&nbsp;Council would&nbsp;not only stimulate economic growth, but also increase employment opportunities.<\/p>\n\n\n\n<p>He said&nbsp;KKMM is responsible for one of the six clusters under the National Digital Economy and Fourth Industrial Revolution (4IR) Council, namely the digital infrastructure and data cluster.<\/p>\n\n\n\n<p>The cluster has three work components,&nbsp;namely connectivity through the National Digital Network&nbsp;Plan (JENDELA), cyber security aspects in convincing the people that being online is safe and readiness to use the device, he said.<\/p>\n\n\n\n<p>MYNIC&nbsp;chief executive officer Datuk Hasnul Fadhly Hasan said the .BIZ.MY domain would provide an opportunity for MSMEs&nbsp;to choose a unique and distinctive business identity, as well as help grow their business not only locally but also globally.<\/p>\n\n\n\n<p>\u201cMYNIC will implement the Digital Entrepreneurship Training programme to train 5,000 MSMEs registered under PRIME next year, and the digital directory development will be introduced by MYNIC in mid-2021 to provide exposure and further strengthen digital platforms,\u201d&nbsp;he said.<\/p>\n\n\n\n<p>At the event, MYNIC signed a collaboration on&nbsp;.BIZ.MY adaptation&nbsp;with 10 strategic partners including the Agriculture and Food Industry Ministry,&nbsp;Rural Development Ministry, Malaysian Digital Economy Corporation (MDEC).<\/p>\n\n\n\n<p>Other agencies are&nbsp;Amanah Ikhtiar Malaysia (AIM), Malaysia&nbsp;External Trade Development Corporation (MATRADE), SME Corp, Perbadanan Usahawan Johor Sdn Bhd, Pahang Go Sdn Bhd, Sarawak Digital Economy Corporation and UTMSPACE.<\/p>\n\n\n\n<p>&#8212;<a href=\"https:\/\/www.bernama.com\/en\/news.php?id=1906322\">BERNAMA<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PUTRAJAYA, Nov\u00a0&#8212;\u00a0The Digital Economy Realisation Programme (PRIME) is an initiative drawn up\u00a0to drive digital adaptation&#8230;<\/p>\n","protected":false},"author":1,"featured_media":7046,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[524],"tags":[],"class_list":["post-7045","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nation"],"featured_image_urls":{"full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/11\/7684491d6fe6bc4d55eee75a83f52c4c5fc0f16b8c86e.jpg",1043,598,false],"thumbnail":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/11\/7684491d6fe6bc4d55eee75a83f52c4c5fc0f16b8c86e-150x150.jpg",150,150,true],"medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/11\/7684491d6fe6bc4d55eee75a83f52c4c5fc0f16b8c86e-300x172.jpg",300,172,true],"medium_large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/11\/7684491d6fe6bc4d55eee75a83f52c4c5fc0f16b8c86e-768x440.jpg",640,367,true],"large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/11\/7684491d6fe6bc4d55eee75a83f52c4c5fc0f16b8c86e-1024x587.jpg",640,367,true],"1536x1536":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/11\/7684491d6fe6bc4d55eee75a83f52c4c5fc0f16b8c86e.jpg",1043,598,false],"2048x2048":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/11\/7684491d6fe6bc4d55eee75a83f52c4c5fc0f16b8c86e.jpg",1043,598,false],"newsium-slider-full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/11\/7684491d6fe6bc4d55eee75a83f52c4c5fc0f16b8c86e.jpg",1043,598,false],"newsium-featured":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/11\/7684491d6fe6bc4d55eee75a83f52c4c5fc0f16b8c86e.jpg",1024,587,false],"newsium-medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/11\/7684491d6fe6bc4d55eee75a83f52c4c5fc0f16b8c86e.jpg",720,413,false]},"author_info":{"info":["Editor"]},"category_info":"<a 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