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Furthermore, the availability of investors, fund managers and corporates is a boon to these dynamic young Malaysians. Malaysia’s Budget 2013 announced the Angel Tax Incentive to help tech-based startups in Malaysia to increase private funding by offering tax incentive to angel investors who have invested in these companies.
The Malaysia Digital Economy Corporation (formerly known as Multimedia Development Corporation) a unique organization established to direct and oversee MSC Malaysia, the national ICT development initiative, by advising the Malaysian Government on legislation and policies, developing industry-specific practices and setting the standards for multimedia and digital operations. MDEC is also responsible for promoting MSC Malaysia locally and globally, whilst providing strategic support to MSC Malaysia Status Companies.
More about the Malaysia Digital Economy Corporation >