Categories: Digital LifeNews

Budget 2020: RM20 million to be allocated to the development of e-Sports but what happened to last year’s RM10 million?

The federal government has announced an allocation of RM20 million to develop the local eSports industry in 2020.

Finance Minister Lim Guan Eng said this during the tabling of the Supply Bill (Budget) 2020 in Parliament today.

In addition to the announcement, he also wished the Malaysian contingent all the best during the 2019 South-east Asian Games.

The 2019 South-east Asian Games will be the first time that esports will be contested as a medal event in a multi-sport competition sanctioned by the International Olympic Committee.

There is much talk about e-Sports development in Malaysia. In last year’s budget RM10 million was allocated to develop e-Sports but we have not seen much transpired from the money initially committed to the development of e-Sports in the country with no proper accounting to what has happened to the money and what has resulted from the investment.

While we remain hopeful about the progress of e-Sports in Malaysia, there remains little to show for in terms of developing a complete ecosystem for the cause. As e-Sports is close to the hearts of many youths in the country, a detailed and complete report on what has been done with the initial investment and will be done with the additional allocation next year would go a long way for those who are interested to pursue a career in the industry.

Related reading

[via Malay Mail]

Recent Posts

Malaysia Airlines’ new A330neo grounded temporarily due to production issues

Malaysia Airlines has temporarily grounded its brand new Airbus A330neo after completing four commercial flights.…

12 hours ago

Proton e.MAS 7: Here’s how much it cost to maintain this EV

Pro-Net recently revealed that you only need to service the new Proton e.MAS 7 EV…

2 days ago

Proton e.MAS 7: How much does it cost to replace the tyres?

The Proton e.MAS 7 is one of the most value for money SUVs at the…

2 days ago

Samsung to launch its new AI-powered home appliances with improved ecosystem integration at CES 2025

Samsung has announced that it will be holding its press conference titled "AI for All:…

2 days ago

SoyaCincau Awards 2024: The Best Phones of the Year

Modern smartphones are very capable computing devices, thanks to powerful hardware trickling down the price…

2 days ago

CelcomDigi offers 5G Home WiFi at RM69/month for Postpaid customers

If you're a CelcomDigi Postpaid 5G customer and can't get fibre broadband for your home,…

3 days ago

This website uses cookies.