Connect with us


Lim Guan Eng in Budget 2020: RM20 Million Will Be Allocated to E-Sports


Lim Guan Eng In Budget 2020: Rm20 Million Will Be Allocated To E-Sports - World Of Buzz
Source: The Hive

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Today is a big day for Malaysia as our Finance Minister unveils Budget 2020.

Lim Guan Eng has announced several allocation of the budget and it seems that the government is focusing heavily on the digital sector. We are moving towards the future!

These updates include having the price of broadband lowered, better internet connection to 5G, and millions of funding into MDEC and Cradle that support local entrepreneurs.

One of the allocations that caught our eye is the allocation of a whopping RM20 million into E-sports!

Yes, you read that right.

In Lim Guan Eng’s announcement today (11 Oct), he mentioned that Budget 2020 sees an allocation of RM20 million to the E-sports industry. However, he did not go into further detail of the breakdown or channel of this disbursement.

BTW, that allocation is a 100% increase from last year’s budget!

Anyhow, we see it as a BIG step of our new government focusing on the right sectors, especially their heavy allocations to upgrade Malaysia’s digital industry. Stay tuned for more updates!

Also read: Gamers Can Now Attend Tuition Classes for Dota 2 & CS:GO At Bukit Bintang!

Gamers Can Now Attend Tuition Classes For Dota 2 & Cs:go At Bukit Bintang! - World Of Buzz 6

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Just In

My Post 2021 09 16T173600.630 My Post 2021 09 16T173600.630
News15 hours ago

3,200 Tourists Arrived In Langkawi On 16 Sept, The First Day Of The Tourism Bubble Pilot Project

Today marks the first day that tourists are allowed to travel to Langkawi in the government’s Langkawi Tourism Bubble Pilot...

Zumba Zumba
News16 hours ago

Physical Contact Sports Allowed In Klang Valley For Fully Vaccinated Individuals Starting 17 Sept

Prime Minister Datuk Seri Ismail Sabri Yaakob announced yesterday (15 September) that physical sports and recreational activities are now allowed...

Internet22 Internet22
News18 hours ago

KKMM Launches New “Affordable” Internet Packages To Aid Teenagers, Students & Families Starting 15 Oct

The Communications and Multimedia Ministry (KKMM) has launched two new Internet Packages yesterday (15 September) in hopes of helping teenagers...

Sarawak Sarawak
News23 hours ago

Fully Vaccinated Individuals Can Enter Sarawak Without 14-Day Quarantine Starting 16 Sept

No Fully vaccinated individuals will be allowed to enter Sarawak without having to undergo the 14-day quarantine as previously implemented....

My Post 2021 09 15T144309.692 My Post 2021 09 15T144309.692
News2 days ago

‘Memalukan’ Chanted Across Parliament After Jelutong MP Kicked Out For Using The Word On Deputy Speaker

It’s no secret that Malaysian parliamentary sessions are just plain chaotic, so much so that parliamentary sittings in other countries...

Ft Discount Ft Discount
News2 days ago

MOHE: First Semester Students In Public Universities Eligible To Receive 20% Discount On Fees

During a virtual press conference yesterday, Minister of Higher Education (MoHE) Datuk Seri Noraini Ahmad announced that all local first semester...

Foulsmellriver Foulsmellriver
News2 days ago

Over 100 Residents In Johor Village Evacuated After Inhaling Fumes From Chemical Spill In River

Two women at Kampung Baru Sri Aman, Seelong in Johor fainted while over 100 residents had to be evacuated due...

Ft Edu Ft Edu
News2 days ago

MOHE: IPT Campuses To Reopen In Stages From 15 Oct For Fully Vaccinated Students & Staff

Former sports and youth minister Syed Saddiq had recently passed on several suggestions to the Ministry of Higher Education (MOHE),...


Latest Videos