Even if you just consider the development perspective, in theory, if you write an Excel macro, you fall under this bill as well...
If a board should exist, firstly, it needs to deliver value to its members. For example, by running internationally-renowned examinations for specific products (i.e. Oracle Certification), providing access to academic journals, acting as a union, etc. If not, it is sucking money for nothing.
Secondly, if such a board should be setup, it should not be setup by the government - every government puts in place laws that are ideally long-term and for stability purposes - there is no such thing as "long-term" in terms of technological advancement. As a result, the board needs to be setup by the professionals themselves.
Thirdly, membership of a board should never be mandatory as it devalues the quality of said membership, unless that membership is really something that is difficult to earn (i.e. certification of medics and lawyers). Anyone with a computer and a text editor can become a software developer, while you need a degree, additional training, additional qualifications and lots of experience to become a doctor or lawyer.
I can see merit in membership of a board for critical projects such as hospital systems and would not mind a hospital demanding such certification, but in practice it doesn't really matter because experience is always better. Would a company rather hire someone with membership of this board with a subject in security, or someone who has worked with security software companies and actually developed things with them?
In order for this membership to be worth it, the board itself needs to be internationally-respected by professionals and governments. It can only be internationally-respected if the professionals themselves find true value in joining this group (see the first reason above), where a hirer will see this membership certificate and realise that this candidate has gone through the trouble of certifying himself or herself with a renowned board.
Making it mandatory, however, defeats the point, and is probably infeasible - how do you certify every single person who has worked on software today in Malaysia? Are you going to cram thousands of people into some exam hall in KL and force them to learn?
In my experience, IT training is often rather rubbish, anyway, unless it is in a specific technology or product (i.e. Oracle Certification, JCP (Java), Microsoft training, etc.). There might be some merit in things like ethics courses or copyright courses, but then again, these should ideally be taught at school level more than anything.
So the government needs to step back and let the professionals work it out. They will be the ones who will sign up or leave the country, after all. If it's accountability they are worried about, don't blame the developers and architects - blame the project managers. Regulating the developers is like regulating the cleaners - it really isn't their fault.
professional need license.