Malaysia poised to maintain top position in Asean e-commerce market, says MDEC. [Newspaper] (2021)
Abstract
Malaysia is expected to maintain its position as one of the top e-commerce markets in Asean, with its gross merchandise value (GMV) likely to grow 6.0 per cent to US$11.4 billion (US$1=RM4.09) in 2020.
In a statement today, the Malaysia Digital Economy Corp (MDEC) said the e-Conomy SEA 2020 Report by technology giant Google, Singapore state-owned investor Temasek and global consultancy firm Bain & Company had projected Malaysia’s GMV to rise to US$30 billion in value by 2025.
To further boost the country’s e-commerce market in Asean, the National Council of Digital Economy and Fourth Industrial Revolution (MED4IR) chaired by Prime Minister Tan Sri Muhyiddin Yassin endorsed the National e-Commerce Strategic Roadmap (NESR) 2.0 on April 22, 2021.
| Item Type: | Newspaper |
|---|---|
| Keywords: | Regional economy, e-Commerce, National e-Commerce Strategic Roadmap (NESR) |
| Taxonomy: | By Subject > Business & Management > Marketing |
| Local Content Hub: | Subjects > Business & Management |
| Depositing User: | Mohd Aizat Abd Halim (Seremban) |
| Date Deposited: | 19 Nov 2021 03:26 |
| Last Modified: | 19 Nov 2021 03:26 |
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