Malaysia poised to maintain top position in Asean e-commerce market, says MDEC | Malay Mail

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KUALA LUMPUR, April 27 — Malaysia is expected to maintain its position as one of the top e-commerce markets in Asean, with its gross merchandise value (GMV) likely to grow 6.0 per cent to US$11.4 billion (US$1=RM4.09) in 2020. In a statement today, the Malaysia Digital Economy Corp (MDEC) said...

Tuesday, 27 Apr 2021 04:46 PM MYT

In a statement today, the Malaysia Digital Economy Corp said the e-Conomy SEA 2020 Report by technology giant Google, Singapore state-owned investor Temasek and global consultancy firm Bain & Company had projected Malaysia’s GMV to rise to US$30 billion in value by 2025. This was following the positive achievements of NESR 1.0,” MDEC said, adding that it has been tasked with leading the Project Management Office of the NESR 2.0 Taskforce with the mandate to oversee the successful implementation of NESR 2.0.

She said more than 489,000 MSMEs had adopted e-commerce, while 378,000 SMEs had been trained in e-commerce until the end of 2020.

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