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

DC Handal deploys 50kW DC and 22kW AC charge points at Plaza Mont Kiara

Visitors heading to Plaza Mont Kiara can now charge up their EV with the latest…

5 hours ago

EVPower deploys 30kW DC and 22kW AC charge points at IJN, now 50% off for limited time

EVPower has turned on a total of 4x EV Charge Points at Institut Jantung Negara…

6 hours ago

Poco Pad C1 launched in Malaysia, priced from RM549: Budget tablet with 9.7″ screen, 7,600mAh battery, Snapdragon 6s 4G Gen 2

Aside from the Poco C81 Pro, the Xiaomi sub-brand has also launched a budget tablet,…

9 hours ago

Qualcomm brings Snapdragon X2 series AI PCs to Malaysia

Qualcomm has officially unveiled its Snapdragon X2 Series platform in Malaysia. The new series expands…

9 hours ago

Poco C81 Pro now in Malaysia: Budget smartphone with 6.9″ 120Hz LCD, 6,000mAh battery, priced from RM389

Poco has launched its latest budget smartphone, the Poco C81 Pro, in Malaysia. With a…

10 hours ago

Prasarana to introduce tap-in and tap-out with credit cards and QR payments for MRT, LRT and Bus Rides

Ever wished you could just tap in with your credit card at an MRT or…

12 hours ago

This website uses cookies.