KUALA LUMPUR, Nov 11 (Bernama) -- The ASEAN Digital Economy Framework Agreement (DEFA) could potentially position Malaysia as a hub for the regional digital economy and give local firms easier access to ASEAN’s more than 680 million consumers, an economist said.
DEFA Could Position Malaysia As Hub For Regional Digital Economy — Don
ASEAN, DEFA, digital economy hub, Barjoyai Bardai
BE Bernama 
Key takeaways
The ASEAN Digital Economy Framework Agreement could make Malaysia a regional digital hub, easing cross‑border expansion for local firms by aligning digital trade rules, according to MUST economist Dr Barjoyai Bardai.
- Malaysia’s fibre broadband, digital payments, Islamic fintech, cloud services and semiconductor design give it a competitive edge under DEFA.
- DEFA would align rules on digital trade, data flows, payments and e‑commerce, reducing compliance costs for Malaysian firms.
- If Malaysia captures 10‑15% of ASEAN’s projected $1 trillion digital economy by 2030, digital exports could become a major foreign‑exchange source.
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