KUALA LUMPUR: Malaysia is happy to tackle the chairmanship of the Association of Southeast Asian Nations (ASEAN) next year because it goals to invigorate the affiliation’s boards and sort out future challenges.
Communications Ministry secretary-general Datuk Mohamad Fauzi Md Isa stated Malaysia envisions a united ASEAN that stands as a formidable regional bloc, resilient within the face of worldwide adversities.
“By forging stronger regulatory consensus and synchronising our methods, we are able to take collective motion that locations our area on the forefront of worldwide developments,” he stated in his welcoming remarks on the 2024 International Regulatory Conference (IRC) dinner right here tonight, within the presence of Malaysian Communications and Multimedia Commission (MCMC) chairman Tan Sri Mohamed Salim Fateh Din.
Mohamad Fauzi additionally expressed his hope that IRC 2024 and the Regulator Roundtable Meeting would allow collaborating international locations to collaborate and plan future steps, notably as a united ASEAN.
“We confront important world challenges, and no nation can sort out them in isolation. Let’s collaborate, alternate concepts, and advance collectively,” he added.
According to Mohamad Fauzi, internet hosting ASEAN in 2025 would profit Malaysia as a result of the nation stands out as uniquely inclusive, with a various inhabitants of assorted ethnicities and backgrounds.
“This cultural richness not solely fosters unity but additionally equips Malaysia with a deep understanding of the varied on-line security wants of its folks, making it well-positioned to lead efforts on this vital space.
“Such range of languages enhances communication and operation effectivity for overseas companies within the nation,” he stated, including that the nation’s synthetic intelligence (AI) and massive knowledge sectors have seen a surge in overseas funding, and its ASEAN chairmanship would see Malaysia step up its efforts to entice high-value overseas and home direct investments in digital fields.
Such efforts have been important as a result of e-commerce companies leveraged on large knowledge to remodel their digital experiences, together with buying.
“By analysing buyer behaviour, companies can personalise suggestions, optimise pricing, and establish fraudulent actions, which leads to a safer, handy, and in the end extra profitable on-line expertise for everybody,” he stated.
The IRC 2024, organised by the MCMC, brings collectively communications and multimedia specialists, together with regulators and policymakers, from the ASEAN area, Korea, Australia, and the United Kingdom.
