Daily NewsView All News
Freelancer Limited (FLN: ASX) today announced that Freelancer International Pty Ltd, a wholly owned subsidiary of Freelancer, has entered into a Memorandum of Understanding with the Multimedia Development Corporation (MDeC) in Malaysia in order to generate additional income for low income households under the Government’s Digital Malaysia initiative.
MDeC is owned and funded by the Malaysian government, and directs and oversees Malaysia’s National Information & Communication Technology (ICT) initiatives.
Under the project, MDeC will educate Malaysia’s so-called ‘Bottom 40%’ (B40) communities on the potential of freelance work on Freelancer to augment their income via an outreach program. MDeC will engage a third party to conduct IT skills training and education for the B40 community, which will include training on best practice and use of the Freelancer.com website.
Using only a computer connected to the internet, Malaysia’s low wage earners will be able to benefit from the global online services boom and acquire work from anywhere in the world. With over 5 million projects posted on Freelancer’s online marketplace to date, the platform offers a chance for these communities to establish their professional career online and ultimately improve their standard of living.
Highlighting Malaysia’s potential to become a top outsourcing hub in the region, Freelancer CEO Matt Barrie noted: “We are growing rapidly across the region and Malaysia is a key country for us. Currently it is the eighth largest country in Asia on Freelancer.com and twentieth globally. This collaboration with MDeC will allow us to extend our reach in Malaysia.”
Expressing the significance of the collaboration to Digital Malaysia’s mission, Datuk Badlisham Ghazali, Chief Executive Officer of MDeC, said, “Our partnership with Freelancer.com not only strengthens MDeC’s Digital Malaysia initiative to uplift the standard of living of the lower income group through digital economic means; but is also a great avenue for organisations and businesses who are looking to keep their operational costs down by utilising the services of freelancers.”