KUALA LUMPUR: The government must look into strengthening the startup ecosystem in Budget 2024 to ensure Malaysia is able to produce more unicorns, th...
: The government must look into strengthening the startup ecosystem in Budget 2024 to ensure Malaysia is able to produce more unicorns, thereby helping to stimulate the national economy.
“The second thing is advisors. How to help these people because looking at startups, they are only people technically. When it comes to the legal or financial side, there is none. They know they have the products, the market. But how does the government and its agencies want to provide to the whole system,“ he told Bernama recently.
“Once we have more startups, people in the startup industry can bring in more technology. So. it is like in Silicon Valley.According to Mohammad Hazani, other areas that deserve the government’s attention are food technology and the semiconductor industries. “We need an allocation for R&D, so if we can have more for R&D, then we can build more technology which we currently import from China and other countries,“ he said
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