News & Reviews:   MOSTI

The Ministry of Science, Technology and Innovation (MOSTI), together with Cradle, has now announced a latest initiative which aims to elevate ASEAN countries as major players in the development of startup companies at the global level. So, what should you know about it?

Previously, we mentioned the PMX announcement on the increased service tax and funds to combat online scams. But it does not end there, the Prime Minister also announced a whopping RM510 million for the Ministry of Science, Technology & Innovation, and the Ministry of Higher Education.

The Ministry of Science, Technology and Innovation (MOSTI) has lauded the drone industry in Malaysia as being able to create up to 100,000 employment opportunities in our country. Its minister, Datuk Seri Dr Adham Baba said that by 2030, the industry will be worth RM50 billion in the Gross Domestic Product (GDP).

Most of you are aware that Malaysia has satellites. Well, do you know how many there are and are still functioning? Our government launched a total of nine satellites into space, but seven of them are no longer in active operation.

Nearly two weeks into the movement control order (MCO), the total number of patients tested positive for COVID-19 continues to rise in Malaysia. As a result, the government is looking for new ways to help combat the pandemic. Yesterday, the Ministry of Science, Technology, and Innovation (MOSTI) made an announcement asking for all Malaysians to contribute ideas.