Bureaucracy Leaves Submarine Cables Dead In The Water?
Dr Rais Hussin Mohamed Ariff, Chairman, Malaysia Digital Economy Corporation (MDEC)
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Last November, an exemption allowing foreign vessels to conduct undersea cable repairs was revoked by the Transport Ministry - a move that has stalled efforts to make Malaysia attractive to investors as a digital hub. Despite assurances that the issue would be resolved by the end of April, to date, no resolution is to be found. We speak to Dr. Rais Hussin Mohamed Ariff, Chairman, MDEC about the status of negotiations, and also ask him what the implications could be if this situation continues any longer.
Image credit: Shutterstock.com
Produced by: Sim Wie Boon
Presented by: Lyn Mak, Noelle Lim, Roshan Kanesan
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Categories: Business Analysis, Trends and Forecasts, Markets, Politics, Social Issues, SME, law & legal matters, Technology, Tech, Medical Innovation and Technology, Investments
Tags: undersea cable, Facebook, Google, data, internet, MDEC, cabotage, policy, transport ministry,