Budget 2023 Commentary – Chan Kee SIak

KUALA LUMPUR: This commentary is by Mr Chan Kee Siak the Group CEO of Exabytes, who is no stranger to the e-commerce  and digital economy. His diverse experience over the past 21 years has positioned him as a respected industry leader in the tech-entrepreneurship ecosystem.

Under Chan’s leadership, Exabytes Group of Companies has grown into a regional team of 12 subsidiaries, serving over 160,000 small and medium-sized businesses in 121 countries. Chan is also co-founder of EasyParcel, EasyStore, EasyWork, EasySpace and angel investors in several other startups.

“I sincerely believe that following the announcement of Budget 2023 that was presented by Finance Minister Tengku Datuk Seri Zafrul Tengku Aziz, the government is committed towards advancing digitalisation in the country. It is clear that the government intends to maximise the potential of the digital economy, reflected in its effort to enhance the industry’s ecosystem which will benefit the nation as a whole.

With the government’s RM100 million allocation to support the development of technology companies, Malaysia is set to witness further technological advancements that will encourage the adoption of digitalisation. This is crucial towards developing its future talents and achieving a high income status.

Moreover, a total of RM73 million that will be allocated to strengthen cybersecurity in Malaysia will  help boost the monitoring, detection and reporting of cybersecurity threats. Complementing the efforts of the government, we at Exabytes are currently running the #DetectToProtect campaign in conjunction with Cyber Security Awareness Month. The campaign is strategically curated to educate business owners, leaders and especially the small and medium enterprises (SMEs), on the importance of making preparations in case of the worst for the sake of protecting their sensitive data.”