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Malaysia's economy has evolved to one based on manufacturing and industry. The MSC Malaysia, formerly called the Multimedia Super Corridor, was established to drive the government's Vision 2020 which aims to develop a knowledge-based society framework to transform the country into a modern state by the year 2020.

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Malaysia sets up $65M IP financing scheme

The government will be setting aside 200 million ringgit initially to bankroll SMBs putting up their patents as collateral, as well as offer a 2 percent interest rate subsidy to help them expand their businesses.

May 28, 2013 by Kevin Kwang


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