Budget 2023: Govt should develop gig economy framework, says MDEC

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KUALA LUMPUR, Sept 25 — The Malaysia Digital Economy Corporation (MDEC) has urged the government to focus on the development of a gig economy framework or high-value partnerships...

KUALA LUMPUR, Sept 25 — The Malaysia Digital Economy Corporation has urged the government to focus on the development of a gig economy framework or high-value partnerships in Budget 2023 to enable gig workers to receive appropriate guidance.

He said MDEC sees the gig economy model as a form that enables the inclusive participation of the people in the digital economy in addition to being a contributor and a new engine of economic generation if implemented appropriately. MDEC is the agency responsible for implementing several programmes that promote and encourage the use of the gig economy or sharing economy model since 2015, such as the eRezeki and Global Online Workforce programmes.

“MDEC estimates the growth of the gig economy, especially from the development aspect of local platforms, will continue to grow from approximately RM371.4 million in 2021 to at least RM650 million in 2025,” said Mohd Redzuan.

 

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