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The favourable provisions for digital adoption set out in the 2020 Budget denotes the government is actively encouraging more local businesses to move rapidly into the technology sphere.
The Government will provide a 50% matching grant of up to RM5,000 per company for the subscription of the above services. This matching grant will be worth RM500 million over 5 years, limited to the first 100,000 SMEs applying to digitalise their business operation.
Encourages usage of digital marketing software that help SMEs plan, create, manage and optimize online advertising
Adoption of digital technologies by transforming buying and selling of products over the Internet, and the services that support such activity, including marketing, development of online sales platforms, delivery services, and more.
