Wednesday, January 04, 2006

MindValley granted MSC Status



Our Lab in Kuala Lumpur has finally been granted MSC Status by the Malaysian Government. The MSC (Multimedia Super Corridor) is South East Asia's version of Silicon Valley; a tech hub where IT companies can come together to pool resources and benefit from tech infrastructure and perks from the government.

What does this mean for us?

Well, we won't get taxed on revenues for the next 10 years so we can re-invest in research and growth. MSC status is also really respected here in Malaysia and this means we'll now be in an even stronger position to attract bright minds to come work for us. In addition, it makes it far easier for us to hire the best and the brightest from anywhere in the world since the Malaysian government will speed up the visa process.

More details on the MSC here: http://www.mdc.com.my/
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