Exceeds set GMV target for 2017 while registering an export revenue growth of over 254%.
The objective is to double SME contribution to the Malaysian economy by 2020.
Platform offers businesses seamless plug-in to multiple countries from a single point of integration.
Greatest threat to banks may be large technology companies like Google, Facebook and Tencent that allow users to make financial transactions through their technologies.
Alibaba’s first Electronic World Trade Platform outside of China is set to jump-start Malaysia’s ambition to be a regional eCommerce hub.
So the DFTZ has been launched with 1,972 Malaysian SMEs poised to capture exports markets, says the government. But will they? Can they?
Malaysia leads the e-commerce market in APAC, generating a revenue of US$2.3 billion in 2015.
Digital entrepreneurship knowledge is now more accessible to Malaysian micro-entrepreneurs.
MDEC welcomes provisions to move the Malaysian economy into a digital future.
A key touch point is fortifying the Digital Economy, and the implementation of the Malaysia Digital Policy will pave the way to strengthen it further.