{"id":7311,"date":"2023-09-05T04:10:31","date_gmt":"2023-09-05T04:10:31","guid":{"rendered":"https:\/\/staging2.tengkuzafrulaziz.com\/?p=7311"},"modified":"2024-09-26T04:19:23","modified_gmt":"2024-09-26T04:19:23","slug":"zafrul-strong-regulations-will-propel-asean-digital-economy","status":"publish","type":"post","link":"https:\/\/tengkuzafrulaziz.com\/en\/zafrul-strong-regulations-will-propel-asean-digital-economy\/","title":{"rendered":"ZAFRUL: STRONG REGULATIONS WILL PROPEL ASEAN DIGITAL ECONOMY"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7312\" src=\"https:\/\/tengkuzafrulaziz.com\/wp-content\/uploads\/2024\/09\/the-borneo-post-sarawak_Digital-economy-scaled.jpeg\" alt=\"\" width=\"2240\" height=\"2560\" srcset=\"https:\/\/tengkuzafrulaziz.com\/wp-content\/uploads\/2024\/09\/the-borneo-post-sarawak_Digital-economy-scaled.jpeg 2240w, https:\/\/tengkuzafrulaziz.com\/wp-content\/uploads\/2024\/09\/the-borneo-post-sarawak_Digital-economy-263x300.jpeg 263w, https:\/\/tengkuzafrulaziz.com\/wp-content\/uploads\/2024\/09\/the-borneo-post-sarawak_Digital-economy-896x1024.jpeg 896w, https:\/\/tengkuzafrulaziz.com\/wp-content\/uploads\/2024\/09\/the-borneo-post-sarawak_Digital-economy-768x878.jpeg 768w, https:\/\/tengkuzafrulaziz.com\/wp-content\/uploads\/2024\/09\/the-borneo-post-sarawak_Digital-economy-1344x1536.jpeg 1344w, https:\/\/tengkuzafrulaziz.com\/wp-content\/uploads\/2024\/09\/the-borneo-post-sarawak_Digital-economy-1792x2048.jpeg 1792w\" sizes=\"auto, (max-width: 2240px) 100vw, 2240px\" \/><\/p>\n<p>A strong regulatory framework is crucial for ASEAN to unlock its digital economy potential, projected to grow from US$300 million to US$1-2 trillion by 2030, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. He emphasised that enhancing data flows can reduce transaction costs and foster innovation, urging the establishment of harmonised regulations for data-sharing. He cited examples from the banking sector to illustrate the benefits of regulatory cooperation and called for incorporating international best practices to strengthen data policies across ASEAN.<br \/>\n<em><strong>Also available in &#8216;The Sun&#8217;, &#8216;The Borneo Post Sarawak&#8217;.<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A strong regulatory framework is crucial for ASEAN to unlock its digital economy potential, projected to grow from US$300 million to US$1-2 trillion by 2030, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. He emphasised that enhancing data flows can reduce transaction costs and foster innovation, urging the establishment of [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":7316,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[174,19],"class_list":["post-7311","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-digital-economy","tag-miti"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ZAFRUL: STRONG REGULATIONS WILL PROPEL ASEAN DIGITAL ECONOMY - TZA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tengkuzafrulaziz.com\/en\/zafrul-strong-regulations-will-propel-asean-digital-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ZAFRUL: STRONG REGULATIONS WILL PROPEL ASEAN DIGITAL ECONOMY - TZA\" \/>\n<meta property=\"og:description\" content=\"A strong regulatory framework is crucial for ASEAN to unlock its digital economy potential, projected to grow from US$300 million to US$1-2 trillion by 2030, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. 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