Digital Free Trade Zone Malaysia launched its Digital Free Trade Zone in collaboration with the Alibaba Group to usher in a new development for the eCommerce space. For the Alibaba Group, this marks the first time that the company has set up a e-hub located outside of China. Malaysia's economy has a lot of growth potential, being business friendly and efficient which are among the reasons why it makes an ideal Digital Free Trade Zone. Being a Digital Free Trade Zone is proof that Malaysia is unwaveringly committed to ensuring that its SMEs continue to grow through the eCommerce space. With the launch of the Digital Free Trade Zone, this means Malaysia will now be serving as a regional e-fulfilment centre as well as serve as a regional hub for SMEs and marketplaces. How the Digital Free Trade Zone will benefit Malaysia The Digital Free Trade Zone platform was designed with young entrepreneurs in and SMEs specifically in mind to help them succeed in their business pursuits while helping to ensure that the country's GDP continues to consistently develop. Digital economy and the ecommerce space is the key to helping businesses succeed online. |
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