West Asia Conflict Sparks Government Review of Digital Sector Impact

Kuala lumpur: The government, through a special committee under the National Economic Action Council (MTEN), will examine any issues arising from the conflict in West Asia that may affect sectors, particularly the digital sector. Digital Minister Gobind Singh Deo stated that the weekly MTEN meeting, chaired by Prime Minister Datuk Seri Anwar Ibrahim, will assess the potential effects of the conflict and formulate appropriate remedial measures.

According to BERNAMA News Agency, Gobind Singh Deo emphasized the necessity of delving deeper into the issues, verifying them, and preparing necessary measures to manage any arising situations. Speaking at a press conference after launching the Standard Chartered Global Fusion Centre, Gobind highlighted the meeting's role in bringing together key ministries and industry stakeholders. This collaboration aims to coordinate responses, strengthen economic resilience, and ensure protection for Malaysians and the country's businesses.

Moreover, Gobind reiterated the government's commitment to maintaining stability and constructive engagement while focusing on national interests and the rakyat's well-being. He mentioned the practical steps being taken to ensure preparedness, with security and economic agencies actively assessing potential scenarios. These scenarios include impacts on energy supplies, trade flows, and cost pressures, allowing the government to respond promptly and effectively to anticipated disruptions.

Meanwhile, Standard Chartered marked a significant milestone by launching its first Global Fusion Centre in Malaysia. This move reinforces Malaysia's status as a strong talent ecosystem and a strategic technology hub for the group. In a statement, the bank noted that the centre, located at its Global Business Services (GBS) hub, leverages real-time insights and AI-driven systems to enhance operational resilience and strengthen digital trust with stakeholders.