
National Data Sharing Policy (NDSP)
Data availability is the key driver of the growth of the digital economy, which requires the support of data experts, technology, and government policies; data access (source) gathering; data quantity and quality; data validation, processing, usage, and sharing; data privacy, trust, and safety; a legal framework and governance; and how we can create economic value out of it.
Understanding the importance of data access among the public and private sectors and the general public is still lacking, especially in terms of data sharing and governance, as well as seeing it as a source of new economic drivers and the existence of a conducive data ecosystem.
The key question that calls for our attention is how the data is used and protected.
Data availability for both the public and private sectors remains a challenge, not to mention data sharing across different industries. Empowering economic transactions with big data applications still has a long way to go. Similarly, utilising data for better service delivery needs the support of a productive, effective, and optimised data sharing ecosystem.
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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. The move is to increase mutual trust by minimising the risk of data misuse while creating new socioeconomic value to improve our quality of life and overall well-being.
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.
Having an official source of data search and reference that is recognised by all parties is the way forward. The key is to look for joint solutions through active participation by all parties.
There have been over RM1 trillion worth of e-commerce transactions in Malaysia since 2021, and it’s expected to hit RM1.665 trillion by 2025.
The society as a whole needs to treat data as an enabler of shared socioeconomic prosperity, where many data-driven ‘new economic growth’ opportunities can be explored for the commercialization of products and services across sectors and industries, between the private and public sectors, using trusted data for common interests.
The government, under the purview of the Ministry of Communications and Digital (KKD) and through the Malaysia Digital Economy Corporation (MDEC), has introduced the National Data Sharing Policy (NDSP) to realise the aspirations of a digital economy driven by data innovation.
Given the fact that we are still in the early stages, raising public awareness of the importance of data sharing is vital. This includes understanding and tapping into the existing data sharing ecosystem, with refinements along the way. Preserving data integrity with uniform and thoughtful practices for the common good is the ‘data culture’ that we need to nurture.
Building a conducive data sharing ecosystem through the participation and cooperation of all stakeholders will serve as a ‘new growth’ catalyst for strengthening our overall economy while elevating our country’s competitiveness on the world stage.
Digitization of the public and private sectors through a systematic use of data governed by well-established guidelines and policies can help minimise the risk of data misuse while enhancing our big data for the common good.
Another important emphasis is having a single reference source to obtain authentic data. This is because with a structured, uniform and centralized data ecosystem, different sectors such as retail, health, banking, tourism and so on can operate in a more orderly, efficient and professional manner.
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 Here
Many are still ignorant about the proper and ethical way of managing data
Data availability is the key driver of the growth of the digital economy, which requires the support of data experts, technology, and government policies; data access (source) gathering; data quantity and quality; data validation, processing, usage, and sharing; data privacy, trust, and safety; a legal framework and governance; and how we can create economic value out of it.
Read more
Understanding the importance of data access among the public and private sectors and the general public is still lacking, especially in terms of data sharing and governance, as well as seeing it as a source of new economic drivers and the existence of a conducive data ecosystem.
Data availability for both the public and private sectors remains a challenge, not to mention data sharing across different industries. Empowering economic transactions with big data applications still has a long way to go. Similarly, utilising data for better service delivery needs the support of a productive, effective, and optimised data sharing ecosystem.
The key question that calls for our attention is how the data is used and protected.
[AD] What is the liver for?
Let us know your answer below!
— malaysiakini.com (@malaysiakini) December 2, 2022
There have been over RM1 trillion worth of e-commerce transactions in Malaysia since 2021, and it’s expected to hit RM1.665 trillion by 2025.
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. The move is to increase mutual trust by minimising the risk of data misuse while creating new socioeconomic value to improve our quality of life and overall well-being.
Read more
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.
Having an official source of data search and reference that is recognised by all parties is the way forward. The key is to look for joint solutions through active participation by all parties.
[AD] What is the liver for?
Let us know your answer below!
— malaysiakini.com (@malaysiakini) December 2, 2022
The society as a whole needs to treat data as an enabler of shared socioeconomic prosperity, where many data-driven ‘new economic growth’ opportunities can be explored for the commercialization of products and services across sectors and industries, between the private and public sectors, using trusted data for common interests.
The government, under the purview of the Ministry of Communications and Digital (KKD) and through the Malaysia Digital Economy Corporation (MDEC), has introduced the National Data Sharing Policy (NDSP) to realise the aspirations of a digital economy driven by data innovation.
Read more
Given the fact that we are still in the early stages, raising public awareness of the importance of data sharing is vital. This includes understanding and tapping into the existing data sharing ecosystem, with refinements along the way. Preserving data integrity with uniform and thoughtful practices for the common good is the ‘data culture’ that we need to nurture.
Building a conducive data sharing ecosystem through the participation and cooperation of all stakeholders will serve as a ‘new growth’ catalyst for strengthening our overall economy while elevating our country’s competitiveness on the world stage.
Digitization of the public and private sectors through a systematic use of data governed by well-established guidelines and policies can help minimise the risk of data misuse while enhancing our big data for the common good.
Another important emphasis is having a single reference source to obtain authentic data. This is because with a structured, uniform and centralized data ecosystem, different sectors such as retail, health, banking, tourism and so on can operate in a more orderly, efficient and professional manner.
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 Here