Introduction
The Malaysia Digital Economy Corporation (MDEC) was established in 1996 as a government agency under the Ministry of Communications and Digital Malaysia, tasked with spearheading the advancement of Malaysia's digital economy. Since the initiation of MSC Malaysia (now known as MD), MDEC has been steadfast in propelling digital transformation and fostering economic expansion nationwide. Through the implementation of enhanced incentives and robust governance to stimulate growth and reinvestment, MDEC aims to fortify Malaysia's preeminent position in the ASEAN digital landscape while unlocking fresh avenues for fostering shared prosperity among all Malaysians. Since the inception of TusStar Malaysia in 2018, our collaboration with MDEC has been instrumental in pioneering innovative strides within the digital sphere.
Certification Granted
TusStar Malaysia - Malaysia Digital Hub
Date: January 2021
TusStar Malaysia is the only overseas brand recognized as Malaysia Digital Hub by the Ministry of Science and Technology of Malaysia. TusStar Malaysia's co-working space in Oasis Square, Ara Damansara covers an area of about 1,000 square meters and can accommodate more than 60 co-workers.
MDH Evaluation Meeting
Date：2 August 2022
Introduction: MDEC completed the 2022 evaluation for TusStar Malaysia as part of the Malaysia Digital Hub (MDH) assessment. TusStar Malaysia aims to foster stronger synergies with MDEC to propel this new national strategic plan, promoting the attraction of businesses, talents, and investments.
Date：9 August 2023
Introduction: MDEC completed the 2023 evaluation for TusStar Malaysia as part of the Malaysia Digital Hub (MDH) assessment. MDEC emphasized TusStar's exceptional services, such as a global network and regional expansion programs, recognizing its role in supporting local businesses and enabling global growth. This acknowledgment underscores TusStar's commitment to excellence and its vital role in propelling Malaysia's digital transformation.
Collaborative Events
TusStar Go ASEAN 2021 “THE RISE OF INTERCONNECTIVITY OF ASEAN”
Date: August 2021
Introduction: This bootcamp is aimed to help startups prepare for business expansion into ASEAN and the RCEP region. In this bootcamp, MDEC plays a pivotal role as a strategic partner. In this bootcamp, MDEC plays a pivotal role as a strategic partner. Navin Sinnathamby, Head of Digital AgTech, Sectorial Project and DroneTech, and Ryan Chan, Previous Head of Global Business Development, Global Growth Acceleration, were among our esteemed speakers.
Initiation of ASEAN TECH 35U35 List in 2021 by TusStar (Malaysia)
Date: August 2021
Introduction: TusStar recognizes and expresses gratitude to innovators under the age of 35 who dare to break barriers in the vast technology space, seek opportunities, and explore new horizons. The formal initiation of the ASEAN TECH 35U35 list is announced, marking a significant step in the 2021 China-ASEAN Science and Technology Innovation Series. This selection is based on in-depth research into the China-ASEAN science and technology innovation ecosystem. MDEC is actively backing this initiative as a partner.
Unlocking Opportunities: Exploring Malaysia's Digital Economy with Industry Leaders
Date: 23 February 2022
Introduction: TusStar extended invitations to esteemed guests for a virtual seminar focused on "Investment Opportunities in Malaysia's Digital Economy." Kamalinder Singh, FDI Lead at MDEC, served as one of the speakers. This event offered a valuable platform for industry leaders to exchange insights and expertise, illuminating the promising prospects within Malaysia's digital economy landscape.
2021 & 2022: Huawei Spark Program Collaboration
Date: February 2021
Introduction: A five member panel of judges comprising representatives from MDEC, TM ONE, TusStar and Huawei decided on the winners after a pitching session by the finalists.
Date: December 2022
Introduction: The competition is a hybrid accelerator for tech startups, partnering with NEXEA that is known for having experienced mentors and connecting startups with leading Angel Investors, in collaboration with Credence, Malaysia Digital Economy Corporation (MDEC), Sarawak Digital Economy Corporation (SDEC), Malaysian Research Accelerator for Technology and Innovation (MRANTI), Selangor Information Technology and Digital Economy Corporation (SIDEC), TusStar (Malaysia), Digital Penang and Cyberview Sdn Bhd.
2022 TusStar Malaysia Startup Pitching Crush
Date: 26 May 2022
Introduction: TusStar Malaysia's monthly VC Pitching Crush connects startups with seasoned venture capitalists and investors in the VC and ECF space. This exclusive event, limited to five startups monthly, offers a platform for innovative pitches to local and foreign investors, facilitating follow-on funding and potential customer connections. MDEC has participated as one of the investor panel judges to add valuable insights and expertise to the evaluation process, further enhancing the overall experience for participating startups and investors alike.
Investment Promotion Seminar China, Guangxi held in TusStar Malaysia
Date: 22 May 2023
Introduction: In May 2023, hosted by the Government of Qingxiu, Nanning, Guangxi, and organized by Guangxi TUS Innovation Cross-border E-commerce and TusStar (Malaysia), a Malaysia Investment Promotion Seminar was held at TusStar (Malaysia). This event aims to seize new opportunities under the Regional Comprehensive Economic Partnership (RCEP), actively contribute to the construction of the new international land-sea corridor, and deepen practical cooperation in the economic and trade sectors between Guangxi and Malaysia. Invited Mr. Kelvinder Singh , Manager of Overseas Digital Investment Department at Malaysia Digital Economy Corporation (MDEC), to deliver a speech.
TusStar (Malaysia) was invited to the Dialogue Session
Date: November 2021
Introduction: The Ministry of Entrepreneur Development and Cooperatives of Malaysia (MEDAC) initiated the inaugural "Dialog Persatuan Usahawan" (Entrepreneur Association Dialogue), aiming to establish a platform for collaboration between Malaysian government departments and entrepreneurial organizations. The goal is to enable the government to understand the challenges faced by businesses in Malaysia, provide rich information on policies and incentives, and promote the rapid development of small and medium-sized enterprises in response to the 12th Malaysia Plan.
TusStar (Malaysia) was invited as the sole representative from the China-Malaysian business and entrepreneurship community to participate in the discussion. A total of 59 government organizations and agencies related to entrepreneurship were invited to the dialogue forum, including Malaysia Digital Economy Corporation (MDEC), and various others, contributing to the discussion on Malaysia's entrepreneurial ecosystem.
TusStar (Malaysia) Invited to Langkawi International Maritime and Aerospace Exhibition held in Malaysia (LIMA 2023)
Date: 23- 27 May 2023
Introduction: The Langkawi International Maritime and Aerospace Exhibition (LIMA) is one of the most influential arms and equipment exhibitions in Southeast Asia, first held in 1991. LIMA 2023 featured 600 companies from 30 countries in the defense, security, and commercial sectors. TusStar (Malaysia) collaborated with partners including the Malaysian Research Accelerator for Technology & Innovation (MRANTI), Malaysia Digital Economy Corporation (MDEC), Northern Corridor Economic Region (NCER), and Malaysian drone solutions provider Aerodyne for this event.
Malaysia Digital Hub (MDH) Pitch-Up Session
Date: 7 June 2023
Introduction: TusStar Malaysia and MDH collaborate to present the MDH Pitch Up Session roadshow event. 5 tech companies graced the stage, elucidating their strategic business development plans and outlining the trajectory of future collaborations.
Go China Accelerator Program
Date: 23 June 2023
Introduction: TusStar Malaysia, in collaboration with the Malaysia Digital Economy Development Agency (MDEC), hosted an introduction session for the Go China Accelerator Program.
Huawei Cloud x MDEC Go Global Accelerator Programme Launch
Date: 12 December 2023
Introduction: Together with TusStar’s support, Malaysia Digital Economy Corporation (MDEC) and Huawei Cloud stand shoulder to shoulder in our commitment to nurturing and incubating strong Malaysian Tech Companies. This marks a significant milestone in MDEC's journey alongside Huawei to foster growth, innovation, and global recognition for Malaysian tech companies.
TusStar Malaysia was invited to participate in Malaysia Digital Expo 2023 (MDX 2023)
Date: 6 November 2023
Introduction: TusStar Malaysia was invited to participate in Malaysia Digital Expo 2023 (MDX 2023) organised by the Ministry of Communications and Digital Malaysia and Malaysia Digital Economy Corporation (MDEC). This event, hosted by the current Prime Minister of Malaysia, Dato' Seri Anwar bin Ibrahim, serves as a prestigious six-week-long platform that brings together the leading figures of Malaysia's digital economy. It features extensive exhibitions, seminars, and conferences.
Exploring the Synergy - Meetings
Minister of China Development Research Center of the State Council visited TusStar (Malaysia)
Date: 15 December 2018
Introduction: In collaboration with the Malaysian Ministry of International Trade and Industry (MITI), the Malaysia Digital Economy Development Corporation (MDEC), the Malaysian Investment Development Authority (MIDA), and Embassy of the People's Republic of China in Malaysia. TusStar (Malaysia) has been actively promoting bilateral technology exports and cooperation in science, technology, innovation, and culture. Through exploring mutually beneficial models, these efforts aim to enhance people-to-people connectivity and foster cooperation between governments and industries. Minister of the Development Research Center of the State Council of China fully recognizes the operational status and enterprise incubation-acceleration work of TusStar (Malaysia).
CEO of Malaysia Digital Economy Development Corporation (MDEC) Visits TusHoldings
Date：27 April 2019
Introduction: The Chief Operating Officer of Malaysia Digital Economy Corporation (MDEC), Dato' Ng Wan Peng and the vice president, visited TusHoldings. Enhancing the digital economy of Malaysia has become our mutual collaboration agreement.
Deputy Minister of Communications, MIDA, MIDA & TusHoldings
Date: 27 June 2023
Introduction: YB Puan Teo Nie Ching, Deputy Minister of Communications and Digital and the delegation visited TusPark (Kunshan). Ms. Han Wei, Vice President of Tus-Holdings Co., Ltd，Executive General Manager of TusPark Entrepreneurial Incubator received the visit. MDEC, in collaboration with TusStar Malaysia and MIDA, facilitated the discussions.
President of TusHoldings, Mr Zhang JinSheng and Senior Vice President of MDEC, Mr Raymond Siva
Date: 21 March 2023
Introduction: TusStar and MDEC have engaged in discussions aimed at enhancing their cooperation, with the goal of fortifying their collaborative relationship and collectively exploring and expanding into wider market opportunities.
Recap of Meetings Between TusStar and MDEC
Date: 7 June 2023
Introduction: TusStar and MDEC engage in a discussion regarding the 2023 Overseas Chinese Fair and the forthcoming Agricultural Science and Technology business trip scheduled for July.
Date: 16 October 2023
Introduction: TusStar and MDEC established a comprehensive schedule and delineate specific roles for the implementation of the initiative to bring Malaysian high-quality enterprises to China.
CEO of TusStar Malaysia, Ms Ravenna Chen and Senior Vice President for Digital Exports, MDEC, Mr. Gopi Ganesalingam
Date: 11 October 2023
Introduction: TusStar and MDEC extensively deliberated on the blueprint for esteemed Malaysian enterprises to establish a presence in China, finalizing the collaborative framework and solidifying this initiative as a long-term endeavor, specifically the Go China Program.
Iskandar Investment Berhad, MDEC and TusStar Malaysia
Date: 17 November 2023
Introduction: TusStar and MDEC were invited to discuss with Iskandar Investment Berhad about the proposal for a "Generative Artificial Intelligence" technology park eco-construction in Johor Bahru.
Bridging Connections
TusStar's Bridge Between MDEC and Tencent Games for Dynamic Collaborations in Malaysia
Date: 11 October 2022
Introduction: TusStar Malaysia, in close collaboration with Tencent Games, hosted a forum at the TusStar Malaysia office. This exclusive event brought together Tencent Games, Malaysian Web 3.0 industry experts, and startup founders for a strategic discussion on fostering China-Malaysia collaborations and exploring potential opportunities. In addition to the forum, TusStar facilitated a connection between Tencent Games and the MDEC’s Foreign Direct Investment team in 2022. This strategic partnership aims to support Tencent Games in navigating and expanding into the Malaysian market, further solidifying the foundation for a successful venture.
TusStar Forges Strategic Alliances: Linking Chinese Startups with MDEC FDI for Malaysian Market Expansion
Date: 24 March 2022
Introduction: TusStar (Malaysia) held a coordination meeting with the Malaysia Digital Economy Development Corporation (MDEC) and Beijing Robot++, a specialist in aerial work robots, and TusUAV, a drone technology company to discuss the implementation in Malaysia and explore future collaboration.
International Business Delegations
Chinese Business Delegation
Date: 10-14 September 2018
Introduction: TusStar Malaysia once again launched a five-day Malaysia Venture Tour - Venture Tour Registration | Explore the Southeast Asian market, leading dozens of enterprises within the TusStar Incubation Network to participate in the Smart City and Digital Economy Innovation Expo. As the keynote speaker of the event, Hong Jiaxing from Malaysia Digital Economy Corporation (MDEC) was invited to explain in detail the state of Malaysia's digital economy development, with the aim of helping Chinese entrepreneurs who are interested in developing in Malaysia to have a clear understanding of Malaysia's entrepreneurial ecosystem and related entrepreneurial supportive policies for foreign enterprises.
Malaysia Preferential Entrepreneurship Landing Policy Seminar
Date: 11 September 2018
Introduction: The "Malaysia Preferential Entrepreneurship Landing Policy Seminar," organized by TusStar (Malaysia), was officially held. The seminar aims to provide Chinese entrepreneurial enterprises interested in expanding to Malaysia with a clear understanding of Malaysia's entrepreneurial ecosystem and relevant policies supporting foreign enterprises. Currently, the Malaysian government places significant emphasis on the development of the digital economy. Hong Jia Xing, from the Malaysia Digital Economy Corporation (MDEC), serves as the keynote speaker, providing a detailed interpretation of the status of Malaysia's digital economic development. He covers four aspects: promoting investment, fostering local champion technology enterprises, catalyzing the digital innovation ecosystem, and advocating for digital inclusivity.
Facilitating the International Expansion of Chinese Enterprises
Date: 6 August 2019
Introduction: The Malaysia Digital Economy Investment Seminar, jointly organized by TusStar (Shenzhen), TusStar (Malaysia), the Malaysia Digital Economy Development (MDEC), Deloitte China Service and Deloitte Academy, took place in Shenzhen.
Digital Silk Road - Digital Business Opportunities in Malaysia and ASEAN
Date: 12 July 2019
Introduction: The "Digital Silk Road - Seminar on Digital Opportunities between Malaysia and ASEAN" was held at Tsinghua Science Park. Mr. Chiu Wai Chung, the Vice President of Investment and Industry Development Department, MDEC provided an overview of entrepreneurship and investment in Southeast Asia.
Business Delegations Case Study: Tus DBA Entrepreneur Global Study Tour
Date: 23 - 28 May 2023
Introduction: THH Zhidao (Beijing) Education Technology Co., Ltd. in collaboration with TusStar Malaysia to lead c in China to Kuala Lumpur, Malaysia as the first stop of global study visiting after the pandemic. MDEC presented on a comprehensive overview of the investment opportunities in Malaysia to the members of the business travel delegation. The detailed presentation highlighted potential growth areas and outlined the strategic advantages that make Malaysia an attractive destination for investment.
Business Delegations of Go-To-Market Access
Date: 25-28 September 2023
Introduction: TusStar Malaysia and TusStreet organized ‘The Southeast Asian Agricultural Science and Technology Business Delegation Weifang Station’ with MDEC. This event is to foster partnerships between Malaysian and Chinese agri-tech companies. Through tours, conferences, and networking, the delegation explored business opportunities and policies in Beijing and Shandong.
OCTF 2023 Intelligent Technology Exhibition
Date: 10-14 September 2023
Introduction: The Malaysia Digital Economy Development Corporation (MDEC) highlighted the theme "Malaysia's Digital Economic Investment Opportunities." With the global rise of digitization, Malaysia is actively addressing challenges and seizing opportunities in the digital economy era. As one of Southeast Asia's most dynamic economies, Malaysia shows significant potential in the digital sector.
Education Connection
Online Lecture Series 2 - Malaysia Investment Incentive Policies
Date: 13 December 2018
Introduction: The seminar hosted by TusStar (Malaysia), featured a presentation by Renee Ho, Malaysia Digital Economy Corporation(MDEC), Regional Manager (Asia) who provided insights into the relevant Malaysia's investment incentives policies.
Gig Economy Challenge
Date: 11 May 2020
Introduction: In response to various challenges faced by the gig economy in the Asia-Pacific region, the Asia-Pacific Economic Cooperation Summit 2020 (MyAPEC2020), the United Nations Capital Development Fund (UNCDF), and the Malaysia Digital Economy Development Corporation (MDEC) jointly initiated the "Gig Economy Challenge" in 2020. The aim is to seek innovative solutions to address the sustainable development challenges of the gig economy.
Malaysia-China Digital Economy Forum 2022
Date：29 September 2022
Introduction: The Malaysia-China Digital Economy Forum 2022 was successfully held at the Hilton Kuala Lumpur. Mr. Raymond Siva, Senior Vice President and Head of Digital Investment of Malaysia Digital Economy Corporation (MDEC), provided insights into MDEC's background and its development during the event.
Innovation and Technology Commercialization Professional (ITCP): Unlocking Opportunities – A Complimentary Course by TusStar for MDEC
Date: 19 September - 22 December 2022
Introduction: The ITCP course has been created by the Enterprise Innovation Institute at Georgia Tech, incorporating best practices and the Handbook on Technology Commercialization Practices in APEC Economies from International Technology Transfer Network (ITTN).
This course is intended to provide researchers, innovators, technology transfer professionals, technology commercialization professionals, and others in the field with a fundamental understanding of Innovation Technology Commercialization (ITCP) and methods for creating more innovation and talent within an innovation ecosystem.
The 30-hour course is delivered online and comprises six main modules. The instructors are all from Georgia Tech, recognized not only as academic experts but also as practitioners. TusStar, as partners with ITTN, has provided a complimentary course to MDEC.
Conclusion
The strong partnership between TusStar and MDEC has established a model for driving the development of the digital economy. These collaborative endeavors stand as clear evidence of international cooperation. Anticipating further joint initiatives in the future, aiming to create an expanded platform for innovation and entrepreneurship.
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