KUALA LUMPUR, Malaysia – Tribal Group, a pioneering provider of software and services for education management, proudly announces its receipt of the Malaysia Digital (MD) Status from the Malaysia Digital Coordination Committee (MD-CC). This landmark achievement underscores Tribal Group’s steadfast commitment to innovation and its significant role in the educational technology sector in Malaysia and the ASEAN region.
"We are privileged to be awarded the esteemed Malaysia Digital Status, reflecting our dedication to innovation and expansion within the region. This recognition for our investments in Malaysia, along with the significant contributions we've made to education and technology, is a source of great pride for us." stated Mark Pickett, Chief Executive Officer, Tribal Group
Significance of MD Status for Tribal Group
The Malaysia Digital Status endows Tribal Group with several pivotal benefits that will catalyse its growth and expansion strategies:
- Access to local and regional markets (ASEAN) and ecosystems with the support of MDEC.
- Allocation of foreign knowledge worker quota and issuance of passes.
- Anticipated tax incentives, set to launch in the later parts of the year.
- Exemptions on multimedia/ICT equipment import duty and sales tax.
"This approval signifies a pivotal moment in our journey, paving the way for opportunities in the ASEAN region and beyond. The tax incentives and market access granted by the MD Status will enhance our operations and also bolster both local and regional economies." mentioned Praveen Ramasamy, Head of the Global Delivery Centre, Tribal Group Malaysia
Invitation to Major Events in London
In recognition of its contributions and achievements, Tribal Group’s leadership has been invited to two major events - Tech Industry Round Table 2024 session and Malaysia Digital Networking Dinner 2024 - scheduled for 13th June in London. These events will see participation from Y.B Gobind Singh Deo, Minister of Digital in the Malaysian Cabinet, Ts. Mahadhir Aziz, CEO of MDEC and Raymond Siva, Head of Digital Investment Office of MDEC, who will extend a token of appreciation to Tribal Group.
Target Market and Future Collaboration
With a dynamic presence in over 55 countries, Tribal Group is poised to leverage the MD Status to further its reach in the ASEAN market, fostering collaboration and digital transformation in education.
"We look forward to further collaboration and contributing to the digital transformation of Malaysia," expressed Praveen Ramasamy, Head of the Global Delivery Centre, Tribal Group Malaysia
Tribal Group remains committed to its mission of delivering innovative, technology-driven solutions for education providers worldwide. This latest achievement marks a significant milestone in Tribal Group’s ongoing expansion and dedication to enhancing the educational landscape in Malaysia and beyond.
About Tribal Group
Tribal Group plc is a leading provider of education technology SaaS solution for Higher Education, Further and Tertiary Education, schools, Government and State bodies, training providers, and employers across 55+ countries. With a mission to empower the world of education, Tribal Group strives to research, develop and deliver the products, services and solutions needed by education institutions across the world to support their primary goals of educating students, providing optimum learning experiences and ultimately delivering successful outcomes.
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