Home
Focus Areas
About Us
Amazon plans to build a data center in Malaysia, Microsoft is investing in the country's new cloud and artificial intelligence infrastructure, and Malaysia Digital Economy Corporation (MDEC) is looking to boost the country's digital economy with "substantial tech investments," the Edge Malaysia Weekly reports.
MDEC CEO Mahadhir Aziz says the companies' investments are "committed," but "the actual realization of those investments will happen gradually over time."
MDEC is working with the government, the private sector, and universities to "accelerate the implementation of these investments," according to a press release.
"The good thing about this is that at the Malaysia Digital Economy Blueprint 14 and MED4IR (the National Council of Digital Economy and the Fourth Industrial Revolution) will act as resources from which the public can get information on these investments and their impact on the digital economy," says MDEC's minister of digital literacy.
MDEC says it has approved more than $11 billion in digital investments between 2021 and 2023, with data centers making up the lion's share of the total.
The country aims to have its digital economy contribute 25.5% to Malaysia's gross domestic product by the end of next year, says Gobind Singh Deo, Malaysia's minister of digital literacy.
(
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
The impact of philanthropy in London: A legacy of giving | London Daily News.From historical figures to modern-day benefactors, philanthropy has played a crucial role in addressing social challenges...more
Innovative ideas from Plymouth County youth earn $2,500 grant for community improvement.The project is designed to provide youth with opportunities to learn about community development and how their...more
The foundation supports local nonprofits, schools and community groups in the areas of community development, environment, education, aging in place, business development, arts and culture and youth...more
TTI Boss Lizwe Mabuza: The Philanthropic Visionary Driving Bulawayo's Social Responsibility Agenda.Chairman of Tendy Three Investments (TTI), championing the cause of youth empowerment and broader...more
Corporate Social Responsibility (CSR) refers to businesses' commitment to ethical practices, sustainability, and community development.CSR has deeper implications for business growth, customer...more
Foundation: Oklahoma City Community Foundation
Love's Co-Founder Judy Love Passes Away at the age of 87.Love leaves a profound legacy of philanthropy and community development initiatives for Love's and the c-store industry as a whole.Love was...more
The Community Foundation for Mason County is putting opportunities for the community to make a difference.88 wishes have been submitted, totaling over $179,000 in funding requests.The wishes span...more
Annapolis Symphony Orchestra Appoints Erica Bondarev Rapach as Interim Executive Director.With a robust background in arts management, brand innovation, and community building, BondareV Rapach brings...more
Asset manager Nuveen says it has raised $170m for a new fund that aims to make a positive impact on the world, the Guardian reports. The fund, called the Nuveen Climate and Social Credit Fund,...more
When Danielle Biggs graduated from North Carolina's Elon University in 2014, she planned to pursue a career in dance. Instead, she became a senior director at Aon Corp., a role that allowed her...more
Community Building News from...
Wells Fargo Foundation
New Hampshire Charitable Foundation
Community Foundation of Southeast Kansas
Dallas Foundation
Oak Park-River Forest Community Foundation
Greater Washington Community Foundation
Rhode Island Foundation
Community Foundation for Greater Atlanta
California Community Foundation
Arizona Community Foundation
Social Entrepreneurship
Spotlight
Social Enterprise Shortlisted for First Citi Microentrepreneurship Awards
First Enterprise Business Agency (FEBA), a Nottingham-based business support organization, is a contender for two categories at the first Citi Microentrepreneurship Awards to be held this coming February.
