Continuous improvement in e-commerce

  • Business
  • Tuesday, 04 Dec 2018

KUALA LUMPUR: Malaysia’s e-commerce is on a growth trajectory and has started benefiting the country.

This is following the full implementation of 13 key programmes under the National eCommerce Strategic Roadmap’s (NeSR) six thrust areas.

International Trade and Industry Minister Darrell Leiking said e-commerce value added and contribution to the gross domestic product continuously improved to RM85.8bil in 2017 from RM37.7bil in 2010, with an average annual growth rate of 12.5%.

“While the annual percentage change for the period 2015 to 2016 was just 9.9%, 2017 saw a remarkable jump to 14.3% as a result of the nation’s efforts in strengthening the e-commerce industry.

“The National eCommerce Council (NeCC), headed by the Ministry of International Trade and Industry (Miti) and Malaysia Digital Economy Corp (MDEC), is committed to take the (e-commerce) industry to level higher.

“We will continue to chart the growth and development of e-commerce in the country,” he said in a joint statement from Miti and MDEC after chairing the NeCC meeting. — Bernama

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