Malaysia

Global Development Centre hub strengthens national digital ecosystem - PM

The investment reflects growing confidence in Malaysia’s policy stability and ambition to become a regional digital hub which must translate into tangible benefits for Malaysians

Updated 4 days ago · Published on 01 Jul 2026 12:55PM

Global Development Centre hub strengthens national digital ecosystem - PM
Ant International Global Development Centre marks a major milestone for Malaysia’s digital economy, says Anwar (Photo from NSTP) - July 1, 2026

THE launch of Ant International’s Global Development Centre in Malaysia marks an important step forward for the country’s digital economy, with Prime Minister Datuk Seri Anwar Ibrahim describing it as a new chapter in strengthening the national technology ecosystem.

He said the decision by the global fintech company to establish its hub in Malaysia reflects international confidence in the country’s stability, policy clarity and long-term development direction, as well as the commitment of its leadership, civil service, private sector and young professionals.

“Ant International has chosen Malaysia as the hub for its Global Development Centre, the first fintech company of its kind to do so here.

“Thank you very much, there may be others, many more, but they are regional hubs. Here, Ant International is making it a global centre, extraordinary,” he said at the launch ceremony.”

Anwar said the presence of such investments must be translated into meaningful outcomes for the rakyat, including high-quality employment opportunities, stronger local talent development, higher productivity and broader access to financial services.

He added that closer collaboration between technology companies, universities and research institutions is essential to ensure Malaysia develops a highly skilled workforce capable of meeting the demands of the rapidly expanding digital economy.

According to him, higher education institutions must also remain agile in adapting curricula to technological change, while continuing to emphasise values, ethics and integrity in the development of future talent.

The Prime Minister also noted that artificial intelligence is set to transform key areas such as trade, credit assessment, risk management and cross-border financial transactions, but stressed that its deployment must be underpinned by strong governance frameworks.

He said the government is in the process of finalising an Artificial Intelligence Governance Bill, which will complement existing legislation including cybersecurity laws and data protection regulations.

He added that the government would seek input from Ant International in refining the proposed legislation, drawing on the company’s experience operating across multiple jurisdictions.

Anwar further emphasised that digital trust must form the foundation of Malaysia’s digital economy, with all industry players responsible for safeguarding users’ funds and data and ensuring fairness in decision-making processes. - July 1, 2026

Spotlight

Malaysia

BN mulls seat swaps in Negeri Sembilan as Tok Mat pushes for election reset

Malaysia

Panther spotted along highway near Tasik Kenyir (video)

Malaysia

Kedah ruler calls for review of Penang lease payments, says current rate no longer reflects fair value

Opinion

When institutions rewrite the rules, we should all be concerned

By Vinod Sekhar

Malaysia

Admission of international students in public universities does not sideline locals – MOHE

Sports & Fitness

Messi reclaims outright lead in ferocious World Cup golden boot race

Malaysia

The hate economy: When division becomes a business model

Malaysia

Driver without licence leads police on 20km chase near Rembau (video)

Malaysia

Puad Zarkashi publicly supports PH candidate in Rengit

You may be interested

Malaysia

Targeted BUDI Diesel subsidy wins consumer support as calls grow for inclusive rollout

Malaysia

Anwar urges Johoreans to reject race politics as campaign shifts to governance

By Alfian Z.M. Tahir

Malaysia

The hate economy: When division becomes a business model

Malaysia

Anwar says anti-graft stance driving rivals’ bid to unseat him, urges Johor voters to back PH

By Alfian Z.M. Tahir

Malaysia

Anwar to Johor leadership: Do not let mega projects overshadow grassroots needs

Malaysia

Johor PRN: Support has shifted, no party has fixed deposit voters - Fahmi

Malaysia

Puad Zarkashi publicly supports PH candidate in Rengit

Malaysia

Groups demand mandatory criminal background checks and revamp of sex offender registry