Wherever works

• Permanent office spaces seem to be losing their luster. With the rise of digital nomads, many companies are choosing to keep their workspaces flexible.
• 500-backed coworking space provider WORQ is collaborating with Malaysia Digital Economy Corporation (MDEC)’s DE Rantau to launch the WORQ with DE Rantau program.
• This collaboration aims to attract global digital nomads to Malaysia and bring high-value jobs in information technology (IT), digital marketing and content creation, WORQ shared.
• To date, DE Rantau has issued 536 passes to foreign digital nomads. Each digital nomad is estimated to spend around $1,250 per month with an average time spent in one location between three to nine months. All pass holders will also have access to all WORQ events and community initiatives to connect and collaborate with like-minded individuals.
• The program is estimated to inject MYR 360 million ($79.07 million) into the Malaysian economy by supporting 6,000 highly skilled workers and enabling new businesses.
• It also includes unique locations for WORQ Express, like Alunan Resort on Perhentian Island, in the state of Terengganu, its seventh and self-service coworking space on the island.
• “These skilled individuals contribute to the local economy and have become a critical part of the global workforce, With this program, we are making Malaysia the destination of choice for the large global workforce as well as businesses looking to set up offices in the region,” shared WORQ Co-Founder and Chief Executive Officer Stephanie Ping.
• Read the full feature here.