The Hinrich Foundation, Malaysia Australia Business Council, Institute for Democracy and Economic Affairs (IDEAS) and AlphaBeta launched a new report, titled, “The Data Revolution: How Malaysia can capture the digital trade opportunity at home and abroad”, on March 20, 2019.

The report examines the current and potential impact of digital trade at home and quantifies the economic value of technological gains enabled by digital trade. It also recommends perceived concerns related to digital trade and how they can be addressed.

The report finds digital exports of Malaysia accounts for about 3 percent of total export value today, but this could grow by a massive 298 percent in the absence of digital trade barriers.