Alibaba platform receives registration from 2,000 SMEs
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More than 2,000 SMEs have registered with the Alibaba group platform under the the Digital Free Trade Zone initiative.
International Trade and Industry Minister Datuk Seri Mustapa Mohamed said it is targeting for 10,000 SMEs to be on the platform by this year.
At the Malaysia Digital Economy Forum here this morning, he said Malaysia’s digital economy has seen exponential growth.
To date, 58,824 online businesses have registered with the Companies Commission of Malaysia. The digital economy accounted for 18.2% of the country’s gross domestic product (GDP) in 2016.
Questions & Answers
Q.How many SMEs does the International Trade and Industry Minister aim to have on the Alibaba platform by the end of this year?
How many SMEs does the International Trade and Industry Minister aim to have on the Alibaba platform by the end of this year?
International Trade and Industry Minister Datuk Seri Mustapa Mohamed is targeting 10,000 SMEs to be registered on the Alibaba platform by the end of this year. This is part of the Digital Free Trade Zone initiative.
Q.What percentage of Malaysia's gross domestic product did the digital economy account for in 2016?
What percentage of Malaysia's gross domestic product did the digital economy account for in 2016?
In 2016, the digital economy contributed 18.2% to Malaysia's gross domestic product. This figure highlights the sector's significant economic impact as mentioned at the Malaysia Digital Economy Forum.
Q.How many online businesses have registered with the Companies Commission of Malaysia so far?
How many online businesses have registered with the Companies Commission of Malaysia so far?
To date, 58,824 online businesses have officially registered with the Companies Commission of Malaysia. This indicates a growing number of digital enterprises operating within the country.
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