Shahrizar Roslan

PETALING JAYA: Malaysia’s digital games industry recorded RM45 million in sales and exports between 2014 and 2024 through government funding support, demonstrating the potential for the industry to expand in market access, incubators, conferences, workshops, and upskilling and reskilling programmes, among others. Digital Minister Gobind Singh Deo said Malaysia Digital Economy Corporation (MDEC) received an allocation of RM163 million from the Digital Content Fund between 2014 and 2024 to implement and manage financial assistance for the animation, digital games, digital comics and creative technology content industries. “To date, MDEC has approved 60 projects, allocating RM36.7 million specifically for digital gaming development across computer, console, and mobile platforms. These projects have successfully created over 700 job opportunities,“ Gobind said in response to Syahredzan Johan (PH-Bangi) asking about local digital games that have received funding from MDEC. According to Newzoo’s Global Games Market report, the global digital games market is estimated to reach US$187.7 billion (RM818 billion) in revenue by 2024. This figure is projected to rise to US$213.3 billion by 2027 with a compound annual growth rate of 3.1% (2022-2027). MDEC has provided platforms and opportunities for companies to explore market access. Key gaming markets frequently engaged include the Games Developer Conference in the United States, Tokyo Game Show in Japan, China Joy in China, and Gamescom in Europe. Gobind noted that digital game companies have the opportunity to promote their products and build business relationships with digital game publishers and distributors regionally and internationally. “Local digital games are also promoted at events such as the Saya Digital Roadshow, Malaysia Digital Content Festival, Comic Fiesta, and more. The Malaysia Digital Content Festival, encompassing Level Up KL, Kre8tif!, and IMMERSE KL, is a significant annual event for the digital content business network in Malaysia and Southeast Asia,“ he added. Gobind said animation is also a vital component of digital game production, which the Digital Ministry supports through MDEC. “Several animation companies have excelled in this field, including Kucingko Bhd, listed in the ACE Market of Bursa Malaysia in July 2024,” he noted. Furthermore, he said, digital games industry stakeholders, including the government, telecommunication companies and other technology organisations, are taking initiatives to provide programmes to nurture gaming and esports talent. Malaysian government agencies, particularly MDEC, have also provided incentives and support to game creators, encouraging more to start and grow game development companies. Programmes such as the Digital Content Grant, Digital Content Creators Challenge, and the Pemangkin IP360 Metaverse initiative are key examples of initiatives that encourage game development.

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Governments getting involved in esports is often met with mixed reception from the gaming & esports industry. Regardless though, the Malaysian Government has allocated 20 million Malaysian Ringgits (~$4.6 million USD) towards the development of the country’s esports ecosystem. These funds come as a part of the Malaysia Madani Budget 2025, a broader 230 million Malaysian Ringgit (~$53 million USD) effort to develop sports as a whole in the country. The government also has proposed income tax exemptions on cash prize rewards received by individual and team athletes through Sports Victory Prize Scheme, though it’s unclear whether this will apply to esports players as well. The money will be used to develop infrastructure, improve talent development, stimulate grassroots esports, and support careers within esports. Additional support for coaches, desk hosts, staff, and a potential national esports center may be created in the future as well. Malaysia is a significant country in the Southeast Asia (SEA) region as it relates to titles like ML:BB, Free Fire, and PUBG Mobile. Follow #MoreMark for #Business content in #Gaming, #Esports, and #Creators!

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Discovery of old bugs Being in the ICT world, it’s inevitable that you stumble upon some old bugs in the system under your charge from time to time. Sometimes it was discovered when it affected customers, sometimes, if you were lucky, the bugs were found by some diligent staff during the maintenance/ enhancement work, and you were able to mitigate on time. In either scenarios, as leaders, your reaction matters. Here’s my personal choice: For scenario 1 - fix first, ask why (for not able to discover earlier) later. And don’t even ask who. For scenario 2 - commend the person who discovered, and celebrate such discovery. Again, don’t ask who. Then you will build a psychological safe environment for people to come to you on old bugs. Hopefully, more on scenario 2. Hope this is a useful tip! #TeamCPF #LifeInIDS #Leadership #BuildTrust

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I am not sure how true this is, but if it’s true, then it’s not good for the country. Bank Negara statistics show that legal money lending amounts to RM2.2 trillion, while the money in circulation is RM150 billion, which is just 6%. This an economy that is almost 95% dependent on debt. SMEs, which employ 75% of the workforce, account for only 5% of this lending. This is a bad economy for the long term.

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While I was working on some experimental work with my team mates Johari Teh Faizal Muhaimin Aziz in Silent Code, there are few prompted scenes that are quite irrelevant with the output that we wanted. So I decided to recycled some of the characters or scenes that don't match the storyboard /art direction and add little bit of extra character, sprinkle a little bit of SFX and make a short experimental shots. Enjoy your short weekend entertainment and be safe! AI tools: Midjourney, Minimax, Runway Editing: Capcut Audio : music by Soundridemusic SFX capcut #aiart #aivideo #aicharacter #generativeai #aigenerated

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The Khazanah Nasional Berhad National Fund of Funds now has a name! Hello Jelawang Capital (https://lnkd.in/gsJgZFEc) Great to see the funds would be early staged (pre seed to Series A) and sector agnostic with each fund being at least RM60 million and with an allocation of 20% into Malaysian companies. Looking forward to seeing these funds help the startup ecosystem here in Malaysia (and the Region) via the Emerging Fund Managers' Programme that is open to: 1. GPs who are raising their first, second, or third fund 2. VC funds with 30% or more Malaysian shareholding More here: https://lnkd.in/gJfa5rmw

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So the government funded SPH can't afford to compete from a tech perspective so their answer is to lay off the tech people!! 😲🙄🤦‍♂️🤣 "SPH Media has laid off 34 employees from its technology division amid a restructuring exercise. "The layoff has affected about 10 percent of its tech employees, and comes on the back of an "urgent and aggressive" tech ramp-up previously. But the ramp-up is no longer at a level that the company can afford to sustain beyond 2024, Loh said.😲🤦‍♂️🤣 Expenditure on technology currently accounts for nearly one-fifth of SPH's annual costs. “Going forward, our focus will be to steady the ship as we transit towards a more sustainable level of Tech operations and expenditure,” she added."🤣 So they're basically giving up? Managing decline? Why is only 20% of SPH's costs digital? Surely it should be more? Time to get rid of some of the overpaid presenters, sell a few buildings and focus on tech more, not less. They should keep these 34 tech people being let go and let go and some of these over paid execs instead. The future is tech not corporate suits. Maybe less expensive lunches and company cars? Also where is SPH's social media strategy? Have you ever seen any post come up on your feed on LinkedIn from either SPH's main brands, the Straits Times or the Business Times? Nope, me neither. See screen grab for 2 of today's posts on their LinkedIn page with 78k followers both getting ZERO engagement! 😲🤦‍♂️ Not even a like from the journalists who actually work at the BT!!!! Same for the Straits Times who have 160k followers here on LinkedIn and most of their posts get no comments and only a few likes!🤦‍♂️😲 LinkedIn is free! Their content already exists! So how can't they share their content on LinkedIn and get any engagement? I get more engagement by sharing their content on my feed than they do and I'm not owned, run and paid for by the government!! So they could really prioritise amplification through social media and follow the strategy of The Guardian, which I pay for, and get people so passionate that they voluntarily pay for it or The FT, which I pay for, which has compelling and unique content. I don't pay for the BT or ST because their content is not worth it. Their content is so bad that not even the journalists and execs who work for and are PAID by SPH bother to share any content or even like or comment on any content that is shared by SPH!!!🤣🤦‍♂️🙄 That's their problem What do you think? If you are a job seeker we can help you enhance your personal brand on LinkedIn to help you find a new role, our low cost and highly recommended service details are here on this LinkedIn SmartLink: https://lnkd.in/dqWRi6EZ Link to the story here: https://lnkd.in/gEDvSU7S

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KUALA LUMPUR: Malaysia’s video gaming industry is projected to hit US$649 million (US$ 1=RM4.78) in revenue in 2024 after registering significant growth in recent times, said Digital Minister Gobind Singh Deo. He said the market is anticipated to show a steady compound annual growth rate of 7.55 per cent from 2024-2027, with a projected market volume of US$807 million by 2027. "Collaboration is key. The gaming industry is inherently global, and the achievement in this field requires a concerted effort from all stakeholders, locally and abroad. "By joining forces, we can share knowledge, resources, create opportunities, and foster a culture of innovation that transcends borders, uniting us in our pursuit of excellence,” he said at the launch of the Xsolla Curine Academy here today. According to Gobind, the government remains committed to providing unwavering support to the gaming industry, offering financial incentives, and regulatory frameworks that protect Internet protocol (IP) rights. He said the ministry, via the Malaysia Digital Economy Corporation (MDEC), is committed to growing and nurturing the country’s digital content industry through a few approaches.

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HeiTech Padu Berhad Targets Stronger Earnings Growth After Returning To Profitability For FY2023. Tap the link to read the full story: https://lnkd.in/eqgqGEFG #HeiTechPaduBerhad #StrongerEarnings #BursaMalaysia #SalmiNadiaMohdHilmey #TheLeadersandExecutives #InvestmentandMarketTrends #TrendNewsandUpdates  #AudienceandReaders #TheExchangeAsia

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I believe that innovative solutions are crucial to improving our lives. As time changes, we need to change too. Today I read a news on a startup from Singapore. They are coming into Malaysia and providing innovative financial solutions for SMEs. Maybe some of you might want to explore their solutions. Innovation meant to bring benefits. Unfortunately, every innovative change will take its toll on traditional solutions, and it's unavoidable. I've seen many businesses, both in tech and brick-and-mortar, either adapt to new solutions or vanish over time. As a company, we need to have the courage to evolve and try new processes. We must be willing to try new things, even if the outcome might be worse than our existing solutions. At LOLA Digital-Automation-Platform, we have built an innovative solution for the early childhood industry. Our platform will uplift the industry, especially in operational efficiency, which will positively impact children's outcomes. We hope our solutions will bring a positive impact and long-term success to the brick and mortar kindeegarten and childcare operators. Remember, you only have two ways to move forward: change and evolve or eventually be eliminated from the industry. So let's have the courage to embrace new solutions and processes. Join us on our journey with #jomLOLA and stay tuned for our July launch!

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Let’s explore how User Interface design and technology come together to elevate the user experience. Imagine having a single dashboard, powered by AI, that brings all your key data into one place. Helping you make smarter decisions faster and more accurately. It’s about simplifying complexity and turning insights into action. Looking forward to sharing ideas and hearing yours!

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I think it's so important to keep cybersecurity top of mind, especially when it comes to phishing scams. 🎣 We all need to be vigilant about suspicious emails and links. Education and awareness are key in protecting ourselves and our organizations. Let's work together to create a culture of cybersecurity awareness! 💪 #cybersecurity #phishingawareness #stayvigilant

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You don't have to be based in a major city in order to progress - that's a 'decade-ago' mindset. If you're digital, you need only ensure you have the infrastructure that allows you to work from anywhere. By remaining where you are, you stay close to the local market, which may be more important to your business growth.

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