KUALA LUMPUR, July 28 — The Malaysia External Trade Development Corporation is expecting about 3,500 Malaysian companies to enrol into the Matrade Digital Trade Platform , with up to RM7 million in export revenue for the first year of the platform’s introduction.
The revolutionary business-to-business and business-to-customer trade platform accelerates local SMEs’ entry onto the international trade scene as well as reduces trade complexities, fosters business interconnectivity and promotes Malaysia-made products and services to buyers and partners across the globe.
Powered by Fusionex, MDTP is infused with cutting-edge artificial intelligence and big data analytics to guide, measure and manage export revenue, trend analysis and sales activities of the participating Malaysian companies, Matrade said in a statement today. It also empowers participating SMEs with scalable and leading technology to fast-track trade processes, remove the guesswork and expand operations globally in an effective and efficient manner.
“The introduction of the MDTP solidifies Matrade’s commitment to propel the country’s export activities by utilising state-of-the-art technologies,” he said. “I believe this platform will be a powerful catalyst for change that helps to transform Malaysia into a digitally-driven, high-income nation, propelling our country to achieve its overarching goal of becoming an economic powerhouse.
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