Malaysia studying regulations for TikTok shop, says Fahmi

Malaysia is looking into registering online social media platforms and implementing a global minimum tax, Communications and Digital Minister Fahmi Fadzil told reporters in Kuala Lumpur. — Bernama

Malaysia said it is studying the possibility of regulating TikTok and its ecommerce features, a move that could further dent the social media company’s online shopping ambitions in South-East Asia.

Malaysia is looking into registering online social media platforms and implementing a global minimum tax, Communications and Digital Minister Fahmi Fadzil told reporters in Kuala Lumpur. He said he will meet with representatives from TikTok on Thursday.