Data availability is vital for the digital economy’s growth, supported by experts, technology, and policies. It includes collecting, validating, processing, and using data while ensuring privacy, trust, safety, and economic value.

Recognising the importance of data access in both public and private sectors, along with the general public, remains limited. This includes data sharing, governance, its role in economic growth, and fostering a conducive data ecosystem.

The key question that calls for our attention is how the data is used and protected. 

Data availability for both public and private sectors is challenging, as is sharing data across industries. Leveraging big data for economic transactions and improving service delivery requires a more productive and optimised data sharing ecosystem.

Cultivating the culture of proper and ethical use of data and data sharing needs to be intensified among government agencies, industry players and the general public. This will build trust, reduce misuse risks, and enhance socioeconomic benefits for everyone, including researchers, organisations, authorities, businesses, and the public.

Educating the public about sharing data responsibly and carefully is another challenge that needs to be overcome so that all stakeholders including researchers, different organisations, the authorities, the business community, the public and others can benefit from it.

A universally recognised official data source is the way forward, requiring joint solutions through active participation by all parties.

As we’re in the early stage, it’s crucial to raise public awareness about data sharing, fostering a ‘data culture’ that emphasizes understanding the existing ecosystem, refining it, and maintaining data integrity for the common good.

Creating a collaborative data sharing ecosystem with all stakeholders will catalyse economic growth and enhance our global competitiveness.

Another key point is having a single source for authentic data, enabling various sectors such as retail, health, banking, and tourism to operate more efficiently and professionally with a conducive data sharing ecosystem

With established data sharing related guidelines can reduce data misuse risk and enhance big data for the common good in both public and private sectors.

Therefore, the active participation and support from all stakeholders is a continued commitment that will eventually transform our data into a highly valuable asset or commodity in this internet age as we move towards a digital society.

Download the National Data Sharing Policy

Many are still ignorant about the proper and ethical way of managing data

Data availability is vital for the digital economy’s growth, supported by experts, technology, and policies. It includes collecting, validating, processing, and using data while ensuring privacy, trust, safety, and economic value.

Read more

Recognising the importance of data access in both public and private sectors, along with the general public, remains limited. This includes data sharing, governance, its role in economic growth, and fostering a conducive data ecosystem.

The key question that calls for our attention is how the data is used and protected. 

Data availability for both public and private sectors is challenging, as is sharing data across industries. Leveraging big data for economic transactions and improving service delivery requires a more productive and optimised data sharing ecosystem.

Cultivating the culture of ethical use

Cultivating the culture of proper and ethical use of data and data sharing needs to be intensified among all stakeholders including government agencies, industry players and the general public.

Read more

This will build trust, reduce misuse risks, and enhance socioeconomic benefits for everyone, including researchers, organisations, authorities, businesses, and the public.

Educating the public about sharing data responsibly and carefully is another challenge that needs to be overcome so that researchers, different organisations, the authorities, the business community, the public and others can benefit from it.

A universally recognised official data source is the way forward, requiring joint solutions through active participation by all parties.

It’s crucial to raise public awareness about data sharing

As we’re in the early stage, it’s crucial to raise public awareness about data sharing, fostering a ‘data culture’ that emphasizes understanding the existing ecosystem, refining it, and maintaining data integrity for the common good.

Read more

Creating a collaborative data sharing ecosystem with all stakeholders will catalyse economic growth and enhance our global competitiveness.

Another key point is having a single source for authentic data, enabling various sectors such as retail, health, banking, and tourism to operate more efficiently and professionally with a centralized data ecosystem.

Digitizing both public and private sectors with established guidelines can reduce data misuse risk and enhance big data for the common good.

Therefore, the active participation and support from all stakeholders is a continued commitment that will eventually transform our data into a highly valuable asset or commodity in this internet age as we move towards a digital society.

Download the National Data Sharing Policy

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