Technical Working Group on Financial Services (TWGFS)

About

 

Technical Working Group on Public and Private Sectors Efficiency (TWGPPSE) and Technical Working Group on Digital Economy (TWGDE) had been amalgamated into Technical Working Group on Financial Services (TWGFS).

Financial Services is one of the ten topics reflective of the life-cycle of the firm and its market participation in the B-Ready Report. Financial systems promote economic growth, improve shock resilience, encourage business formalisation, and reduce poverty and inequality. Firms need sound and balanced financial regulations and access to financial services.

B-Ready measures the regulatory framework of financial services in terms of the quality of regulations for commercial lending, secured transactions, e-payments and green financing, the provision of public services for accessibility of information in the credit infrastructure and access to finance, and the efficiency of receiving financial services in practice

Focus Area

  • Digital Infrastructure

    Digital connectivity issues in Malaysia, highlighting the country’s widespread availability of basic internet access, slower speeds but higher prices than the average high-income country and slow growth in ultrafast broadband services.

  • Digital Skills

    Human capital constraints are Malaysia’s biggest barrier to fully developing the digital economy.

    Numerous studies have identified the lack of digital skills as a critical barrier to economic transformation.

    Malaysia’s education system has not been successful in preparing adequate numbers of graduates for its high-tech export industries, let alone the increasing demands of the digital economy

Members of TWG Financial Services

  • Dr. Chris Daniel Wong

    Dr. Chris Daniel Wong

    Co-Chair TWG Financial Services / Chairman of Malaysia Digital Chamber of Commerce (MDCC)

  • Ministry of Finance

    MOF

  • Central Bank of Malaysia

    BNM

  • Securities Commission Malaysia

    SC

  • Capital Markets Malaysia

    CMM

  • Malaysia Digital Economy Corporation

    MDEC

  • Malaysia Digital Chamber of Commerce

    MDCC

  • Malaysian Business Angel Network

    MBAN

  • Malaysia Venture Capital Management Berhad

    MAVCAP

    Description goes here
  • SME Association of Malaysia

    SME Malaysia

    Description goes here

  • Cradle Fund Sdn Bhd

    Cradle Fund

  • Malaysian Venture Capital & Private Equity Association

    MVCA

FAQs

  • It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.

  • It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.

  • It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.

  • It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.