{"id":1231,"date":"2026-01-20T17:42:42","date_gmt":"2026-01-20T17:42:42","guid":{"rendered":"https:\/\/malaysian-business.com\/wptest\/2026\/01\/20\/budget-2018-prosper-with-inclusive-economy\/"},"modified":"2026-01-23T18:03:58","modified_gmt":"2026-01-23T18:03:58","slug":"budget-2018-prosper-with-inclusive-economy","status":"publish","type":"post","link":"https:\/\/malaysian-business.com\/portal\/2026\/01\/20\/budget-2018-prosper-with-inclusive-economy\/","title":{"rendered":"Budget 2018 &#8211; Prosper with Inclusive Economy"},"content":{"rendered":"<p>Instructure welcomed the Government\u2019s view that this year\u2019s budget is \u201cthe Mother of all Budgets\u201d that complements the nation\u2019s 11th Malaysia Plan with TN50 (Transformasi Nasional 2050) to become one of the top global 20 nations in economic development, social advancement and innovation.<\/p>\n<p>\u201cThe 2018 National Budget sets the stage for Malaysia to continue its aspirations of a knowledge-based, high-income nation by 2020, to one of the world\u2019s top 20 performing nations by 2050. We laud the government\u2019s practical allocation especially in the areas of advancing education standards through Science, Technology, Engineering, and Mathematics (STEM), spurred by its TN50 aspirations. We look forward to a vibrant and dynamic education ecosystem, with technology as its catalyst,\u201d said Troy Martin, Vice President, APAC for Canvas, Instructure.\u00a0<\/p>\n<p>2018\u2019s Budget saw an increase of over RM19 billion from last year, bringing this year\u2019s allocation to RM280.25. Accordingly, this year\u2019s allocation for education increased from RM52.4 billion to RM61.6 billion, twice as high as the Asean average. A further RM250 million was allocated for TN50 education purposes, which include:-<\/p>\n<p>\u2022 Establishment of Science, Technology, Engineering, and Mathematics (STEM) centre<\/p>\n<p>\u2022 Enhancing computer science module including Coding programme<\/p>\n<p>\u2022 Introduction of 21st Century Smart classrooms to enhance creative-based learning and innovative thinking<\/p>\n<p>\u201cInstructure is encouraged that the Malaysian Government has placed high importance in the area of education within its T50 aspirations. With STEM as the catalyst, we believe Malaysia is setting a strong foundation for its T50 aspirations by empowering the next generation with digital skills such as coding and enhancing creative-based learning and innovative thinking. Possessing these digitals skills will prove an advantage as the Fourth Industrial Revolution evolves industry demands, and with it, the need for a highly-skilled workforce. All this begins with a novel vision of transforming the traditional classroom through technology, and we support the Malaysian government\u2019s focus and emphasis in technology-led education,\u201d concluded Martin.\u00a0<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Instructure welcomed the Government\u2019s view that this year\u2019s budget is \u201cthe Mother of all Budgets\u201d that complements the nation\u2019s 11th Malaysia Plan with TN50 (Transformasi Nasional 2050) to become one of the top global 20 nations in economic development, social advancement and innovation. \u201cThe 2018 National Budget sets the stage for Malaysia to continue its [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[],"class_list":["post-1231","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/1231","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/comments?post=1231"}],"version-history":[{"count":1,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/1231\/revisions"}],"predecessor-version":[{"id":5104,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/1231\/revisions\/5104"}],"wp:attachment":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media?parent=1231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/categories?post=1231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/tags?post=1231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}