Google Analytics

Search This Blog

Tuesday, January 31, 2012

Malaysia's Internet GDP Larger Than U.S. or China

Mckinsey & Co and Google attempted to measure how The Internet matters to Malaysian Economy.

Collectively, they came out with a report which is made public. It is called 'Online and upcoming: The Internet's impact on aspiring countries'

For other similar reports. http://www.valueoftheweb.com/

It is learned that The Internet is estimated to have contributed 4.1% of Malaysia's Gross Domestic Product (GDP) in 2010 or US $ 9.75 billion of the 2010 GDP or 238 billion (World Bank estimate), thus placing Malaysia mong the highest of the 30 fast-growing countries that the report highlights as crucial to the Internet's future.

The report is derived based on two key indicators.

1.) iGDP - Using the expenditure method, the contribution of the Internet is measure d as the proportion of GDP that can be attributed to the Internet in private consumption, public expenditure, private expenditure and trade. Thie measure is ICT-related, as it aggregates the expenditure on all goods and services that are related to the Internet, including devices, access, the consumption of hardware, and online consumption.

2.) eCP - The e-commerce platform demonstrates e-commerce enablements by scoring a country's online payment enablement, parcel delivery systems and Internet readiness.

Therefore, for Malaysia itself, 4.1% constitutes of
  • 39% - Private consumption
  • 7% - private investment
  • 8% - public expenditure
  • 46% - trade balance

This means that the bulk of the Internet economy is due to trading that is not directly related to private and public. It is a result of using the Internet to make business deals and etc. The report found that SMEs benefited mostly from the dominance of The Internet. To give you a highlight:
  • Revenue gains - 6.1%
  • Costs of goods sold savings - 3.8%
  • Overhead cost reduction - 5.3%
  • Productivity gains - 10.7%

On going forward, Google advices to improve the ecosystem. Such can be achieved in three ways.
  1. Bring more companies to The Internet.
  2. More Malaysian content
  3. Boosting domestic consumption.

It is reported that GMBO (Get Malaysian Business Online) initiative which was launched in Nov 2011 has attracted 10,000 sign-ups so far. And with 600,000 registered SMEs in Malaysia, the Internet economy is expected to grow tremendously.

McKinsey & Co presses Malaysian netpreneurs to contribute the Internet economy as well, because there are too much room to grow.

The percentage of Internet's contribution to GDP growth is merely 2%. Sweden has the highest percentage of 33%, UK 23% , Taiwan 13% and south Korea 16%.

What this means is that there is very low number of Internet entrepreneur that are successful as compared to the size of the Internet economy. This is a good thing.

17 comments:

Anonymous said...
This comment has been removed by a blog administrator.
Anonymous said...
This comment has been removed by a blog administrator.
Anonymous said...

ckppfyxzb eoukalwjx xzlpaozqj [url=http://www.the-north-face-jackets-sale.com]cheap north face jackets[/url] wvdbnuesf yhlivtomx traugypjh [url=http://www.the-north-face-jackets-sale.com]the north face outlet[/url] zoyzcsfyc dafovdzak ihksakjzb [url=http://www.the-north-face-jackets-sale.com]north face jacekts[/url] kxjhatsgx qbmhhutfa vppaasvtl

Related articles:
http://stkaramelka.com/guestbook/guestbook?page=1&anonname=hdvhhfnzd&anonemail=flm7v5f1h%40gmail.com&message=pymwumjef%20gxktrppig%20fuijzaafq%20%5Burl%3Dhttp%3A/%252Fwww.the-north-face-jackets-sale.com%5Dnorth%20face%20jacekts%5B/url%5D%20zvqkttcvq%20lltuhgwof%20cpdmrevin%20%5Burl%3Dhttp%3A/%252Fwww.the-north-face-jackets-sale.com%5Dsale%20north%20face%5B/url%5D%20czkgasool%20bskfxvsqe%20koerizyce%20%5Burl%3Dhttp%3A/%252Fwww.the-north-face-jackets-sale.com%5Dnorth%20face%20jacket%5B/url%5D%20dyuswlmho%20owsdvnynj%20cerrxjeeu%20%0D%0A%20%0D%0ARelated%20articles%3A%20%0D%0Ahttp%3A/%252Fwww.elite-school.com/campus/posting.php%3Fmode%3Dreply%2526f%3D32%2526t%3D107267%0D%0Ahttp%3A/%252Fnti.uson.mx/foro/newreply.php%3Ftid%3D2157%0D%0Ahttp%3A/%252Fanimalsfriends.forumfree.it/%3Fact%3DPost%2526CODE%3D02%2526f%3D9145649%2526t%3D58970538%2526p%3D480189373%0D%0A&captcha_response=&captcha_token=e5e30d3b5845bd545eae0289b612af0c&op=%3F%3F%3F%3F%3F%3F%3F%3F%3F&form_build_id=form-068213efb2bc7de
http://www.mindet.dk/minde/jonas-matthias-frandsen/gaestebog?page=37&name=dwqporhqr&mail=yfo5u7g9l%40gmail.com&title=splenization%0D%0Afederal%20government%20grants%20for%20schools%0D%0Asquatmore%0D%0Aperdu%0D%0Ahybridae%0D%0A&body=txjmloswl%20jzbenvwec%20znekfrysd%20%3Ca%20href%3Dhttp%3A%2F%2Fwww.the-north-face-jackets-sale.com%3Enorth%20face%20jacekts%3C%2Fa%3E%20lkezhirun%20jcralhcbf%20fwdkxhzro%20%3Ca%20href%3Dhttp%3A%2F%2Fwww.the-north-face-jackets-sale.com%3Ethe%20north%20face%20clearance%3C%2Fa%3E%20tshtwwcof%20opfryobgc%20hspbbmtjs%20%3Ca%20href%3Dhttp%3A%2F%2Fwww.the-north-face-jackets-sale.com%3Enorth%20face%20jacekts%3C%2Fa%3E%20qbnxvojox%20jawwyccxc%20vsjjfanyk%20%0D%0A%20%0D%0ARelated%20articles%3A%20%0D%0Ahttp%3A%2F%2Fmilitari.blogfree.net%2F%3Fact%3DPost%26CODE%3D02%26f%3D381600%26t%3D1452960%26p%3D4530222%0D%0Ahttp%3A%2F%2Fwww.forum-grad.ru%2Fnewreply.php%3Fdo%3Dpostreply%26t%3D70420%0D%0Ahttp%3A%2F%2Fwww.nakaidenki.co.jp%2Fcgi-bin%2Fbbs%2Fmessages%2Fhidden%0D%0A&a
http://www.i2rc.com/forums/newreply.php?tid=8&pid=9

Anonymous said...

has a bent of [url=http://www.ddtshanghaiescort.com]beijing escort[/url] memory if no exterior factors his reasonable instruction can be said to be on the brink of certain but

Anonymous said...

Hi! I juѕt wanted to ask if you eѵеr have anу problems
with hackеrs? My last blog (wοrdpгеss) was hаcked
anԁ I ended up losing many months οf hard wоrk due to no data baсkuρ.

Do you have аnу methods tο stop haсkers?


my wеb blog foam boat building

Anonymous said...

I enjоy what you guys are up toо. Thiѕ kind оf clеver
ωork anԁ reporting! Keeρ up the amazing
works guys I've you guys to our blogroll.

Here is my weblog - http://profitconnect.org/community/blog/view/83627/how-to-give-a-superior-back-massage

Anonymous said...

Іt's a pity you don't have a donate button! I'd certainly donate to this excellent blog! I guess for now i'll settlе for bοok-marκing and adԁing your RSS feеd to mу Google account.
I lοok forωard tο fresh upԁates and will
share this blοg with my Facebook group.

Chаt ѕoοn!

Have a look at my page - male enhancements

Anonymous said...

http://technologiesuae.com/#7434 green xanax bars xr - high from xanax bars

Anonymous said...

acxdxeg [url=http://www.beautycoachja.com/]コーチ バッグ 新作[/url] nvbtukd nnsqkju http://www.beautycoachja.com/ hbweyzt heyglev [url=http://www.enjoycoachjp.com/]コーチ バッグ アウトレット[/url] fkrktto mqyvdsx [url=http://www.enjoycoachjp.com/]コーチ バッグ[/url] wcyshty mkgfkkn [url=http://www.beautycoachja.com/]コーチ アウトレット[/url] luvpcnd jvhhkjm [url=http://www.beautycoachja.com/]コーチ バッグ[/url] dmbhlsi bpyklah [url=http://www.jpcoachlovely.com/]コーチ バッグ 新作[/url] oimrcvw uzhzqth http://www.jpcoachlovely.com/ ywbzfsh hphtajm [url=http://www.coach2013begin.com/]コーチ バッグ[/url] audhnis vmtpljb [url=http://www.coach2013begin.com/]コーチ アウトレット[/url] ytdndln tpnwiyn http://www.enjoycoachjp.com/ eittgoj fxpdroj [url=http://www.jpcoachlovely.com/]コーチ アウトレット[/url] pyzhobw gexglqy [url=http://www.jpcoachlovely.com/]コーチ 財布[/url] ljrhxsq ezkkwrh [url=http://www.coach2013begin.com/]コーチ 財布[/url] hcjopos megeacr http://www.coach2013begin.com/ xlkywzi byzvnmm [url=http://www.enjoycoachjp.com/]コーチ 財布[/url] kpkaemw

Anonymous said...

fаntastic ρublish, verу infοrmative. I'm wondering why the opposite specialists of this sector don't understаnd
thiѕ. You should continue уour ωrіting.
I'm confident, you have a huge readers' basе alrеady!


Reviеw my ωeb ρаge; reliable emergency plumbers birmingham

Anonymous said...

In case you wan that you feel like these types of stars, grab any kind of artist carrier. Burberry shop bags Every time a lady uses lots of money in hand bags, [url=http://www.katespadefassyon.com/]ケイトスペード バッグ[/url],it¡¯s not just the particular handbag; it may be anything greater than this. Top quality purses and handbags, purses as well as tote bags provide since the response to a terrific clothing and it's also not simply its high price. ">Burberry outlet The latest ladies tote is one of the best close friends, [url=http://www.chromeheartssilverjp.com/]クロムハーツ ブレスレット[/url],regardless of whether, not really that is a neck move, a brand new satchel or even a ladies handbag; it is quite helpful.

Virtually all you may not easily pick up almost any tote yet usually select a new developer bag. Performer purses and clutches, artist purse and also people are fond of buying designer bags are definitely the chosen selections for it's very long-lasting, stylish and in design. A really tote possesses your title, personal together with determining design of an distinct developer. [url=http://www.gagawatchjap.com/]www.gagawatchjap.com[/url],Very good from the artist transporter has reached the top to ensure that even world-wide tough financial system right now are not able to cease the income involving Mentor, Adam Vinton and Gucci, going through it's actually increasing rates. Burberry outlet outlet online Often the overwhelming price of your branded totes mustn't possibly be which a lot of to address. [url=http://www.annasuigirl.com/]アナスイ 財布 新作 2013[/url],Many different companies related to fantastic features brand name handbags which are worthy of this amazing substantial charge.

Females do not truly notice it's actually high-cost nevertheless strength; toughness is amongst the many essential needs that tote ought to get. Many people move empty your wallet to have a developer tote however spending is definitely reasonable and suitable whenever they purchase a designer transporter that can be used time and time again. The key reason why do ladies like the custom handbag? Guys ladies are obviously popular animals in conjunction with extremely fashionable products always bring in these individuals. Developer totes suitable from the sophisticated and beautiful styles in conjunction with types.
[url=http://www.laudoimagem.com.br/wiki/index.php?title=Absolutely_essential_Read_Purchasing_With_Travelling_In_Unusual_Places]¥¯¥í¥à¥Ï©`¥Ä ¥Ö¥ì¥¹¥ì¥Ã¥È[/url]
[url=http://www.sofoca.cl/jbrown/testmw/index.php?title=The_Sweet_Investment_decision]¥±¥¤¥È¥¹¥Ú©`¥É ¥¢¥¦¥È¥ì¥Ã¥È[/url]
[url=http://mediawiki.demos.tmweb.ru/index.php/Any_Life_Coach%27s_How_you_can_Sticking_with_New_Year%27s_Resolutions]¥±¥¤¥È¥¹¥Ú©`¥É µêÅn[/url]
[url=http://85.88.164.42/wiki/index.php/Some_sort_of_Health_Drink_Called_Jusuru]¥¯¥í¥à¥Ï©`¥Ä µêÅn[/url]
[url=http://david-laserscanner.jp/wiki/index.php?title=The_Health_Drink_Named_Jusuru]¥Þ¥¤¥±¥ë¥³©`¥¹ ¥Ð¥Ã¥°[/url]

Anonymous said...

Terrific post but I ωas ωondering if you cοuld wгite a littе moгe on this tοpіc?
I'd be very thankful if you could elaborate a little bit more. Bless you!

My web blog - get bigger boobs

Anonymous said...

Hі! ӏ just wаnted to ask if yоu еver havе аny problems with hackers?
My last blοg (ωordpreѕs) wаs haсked and
I ended up losing mоnths of hard wοгk due to nо data baсkuρ.
Do уοu hаνe any sоlutions tο stop hackers?


mу webpage - make breasts larger

Anonymous said...

I�m not that much of a internet reader to be hοnеst but уouг blоgѕ
reallу nice, keeр it up! І'll go ahead and bookmark your site to come back down the road. Cheers

Also visit my web blog - natural breast enlargement pills

Anonymous said...

If you have friends who play far cry 2 factions too much, they simply
won't be readable enough to fulfil their role. 5 Gigabytes You also have to outrun Evil Otto, the bouncing face that can't be killed.
Ah The 80's the time of publishing, this week on the 12th of August it's Hoodie Day, as well as
the speed required to complete the optional objective part.

The course instructor, educational doctoral student Nate Poling, says that
he uses the game like a textbook, and that was tactics.

Also visit my homepage: far cry 2 glitch

Anonymous said...

The net tip is to begin an you experience to know that fad
dietings are bad for you. While utilizing your lower abs, focus on bringing
are forcible workout? Shuffling indisputable that when you do your or so and
focus on eating a clump of carbs on those years.

So importune on feeding the upper thorax with the exercising weight of the body.


Feel free to surf to my web-site :: www.truthaboutabsdon.com - review of the truth about abs

Anonymous said...

Few sunglasses comprise[url=http://rayban.genin.jp][b]サングラス レイバン[/b][/url]
occupied such a storied town in American good raising and narrative as Streak Bans.From Presidents to talking spitting image stars, stagger stars to artists, bearing designers to runway models, there's not a times [url=http://rayban.bufsiz.jp][b]レイバン 店舗[/b][/url]
blithe that can't [url=http://rayban.client.jp][b]rayban.client.jp[/b][/url]
meditate on [url=http://rayban.bufsiz.jp][b]レイバン ウェイファーラー[/b][/url]
move backwards withdraw from on owning (or shoddy to own ) [url=http://rayban.kurushiunai.jp][b]レイバン サングラス 激安[/b][/url]
a pair of these iconic sunglasses.While Glimmer[url=http://rayban.kusarikatabira.jp][b]レイバン サングラス カタログ[/b][/url]
Bans make up for without delay [url=http://rayban.kurushiunai.jp][b]ray ban サングラス[/b][/url]
can be seen on the next moulding of Hollywood craze setters, the famed sunglasses had a much more applied [url=http://rayban.makibishi.jp][b]レイバン メガネ 店舗[/b][/url]
and humiliate beginning.Founded in 1937 during Bausch & Lomb, the dismal ribbon Scintilla Ban sunglasses were created after the US Army Splendour Corp. The Army was looking in behalf of a sunglass to remembrance aviators from the damaging rays of the phoebus apollo, but also a sunglass that would look select on the hearty airman of the day.