Malaysia among top Asean e-commerce markets

“This will further give confidence and drive the growth and development of the digital economy, fuelling our efforts to create an innovative, inclusive and technology-integrated society in line with Malaysia 5.0, ” said MDEC chairman Datuk Wira Dr Rais Hussin Mohamed Ariff.(pic)

KUALA LUMPUR: Malaysia is among top e-commerce markets in Asean, with gross merchandise value (GMV) expected to have grown 6% year-on-year to US$11.4bil (RM47.04bil) in 2020, according to the Malaysia Digital Economy Corp (MDEC).

In a statement, MDEC noted that at end-2020, a total of 489,000 micro, small and medium enterprises (MSMEs) had adopted e-commerce while 378,000 SMEs were trained to utilise e-commerce platforms.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan


Annual Plan


Billed as RM148.00/year

1 month

Free Trial

For new subscribers only

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Malaysia , e-commerce , MDEC , Surina Shukri , Rais Hussin ,


Next In Business News

Oil gains 1% on hopes of firmer demand
JPMorgan investors weigh CEO Dimon’s strategy, succession plan
Muhibbah rides on Cambodian tourism uptick
Feytech gears up for expansion to meet growing demand
Ready to rise up the ranks again
SC working overtime to combat spread of scams
Russia and Malaysia sign tax agreement
GDP up 4.2% in 1Q24
Chinese firms invest in ‘green’ jet fuel

Others Also Read