Digital Free Trade Zone details expected next month

Ong: ‘We want to liberalise e-commerce because at the moment we only have a very basic policy.’

KUALA LUMPUR: Malaysia is expected to announce details of its planned Digital Free Trade Zone in April, as it seeks to boost the country’s burgeoning e-commerce sector.

The Digital Free Trade Zone, a brain child of Prime Minister Datuk Seri Najib Tun Razak and watched over by Alibaba founder Jack Ma, will among other things, knock down tariffs imposed on items being shipped into the country that are priced over RM500.