E-commerce merchant loses RM238,481 in investment scam
PADAWAN: An e-commerce merchant has been left devastated after falling prey to a non-existent investment scam, resulting in a staggering loss of RM238,481. The 44-year-old woman had recently filed a police report detailing the fraudulent scheme that led to her financial downfall. Sarawak Police Commissioner Datuk Mohd Azman Ahmad Sapri said the incident began on […]
Alibaba seeks dual-primary listing in Hong Kong
HONG KONG: E-commerce giant Alibaba said Tuesday it will seek a primary listing in Hong Kong, potentially giving access to China’s vast pool of investors, as mainland officials indicate a long-running crackdown on the tech sector could be coming to an end. The move also comes as Chinese tech companies traded in New York grow […]
E-commerce Beyond Borders
THE INTERNET is without borders, so commerce built atop this infrastructure (e-commerce) should operate on the same principle. However, buying something online and making it appear offline is complex. Miles need to be crossed, manpower needs to be invested, and methods need to be flawlessly followed to facilitate the connection between the online and offline […]
airasia grocer takes Perlis’ Harumanis to international markets
KUALA LUMPUR: The original Harumanis mangoes from Perlis, which are known for their sweet taste and smell, are being brought to international markets via online grocery shopping platform airasia grocer. Besides distributing the fruits to key partners in the Klang Valley, Sabah and Sarawak, airasia grocer currently has also established cross-border distribution in Singapore and […]
Shopee keen to work with Sarawak on e-commerce
KUCHING: Shopee, widely regarded as Southeast Asia’s largest e-commerce platform, is eager to work with Sarawak to boost e-commerce among local technopreneurs. Mistika Idris, Shopee’s Marketing Specialist (Public Policy and Government Affairs), said this when her delegation paid a courtesy call on the Sarawak Multimedia Authority (SMA) at its office, yesterday. “There are a lot […]
No plan for new tax on e-commerce
KUALA LUMPUR: The Communications and Multimedia Ministry has no plan to propose any form of new tax to be imposed on e-commerce activities, the Dewan Negara was told today (Oct 7). Instead, Minister Tan Sri Annuar Musa said the ministry wanted to encourage more people to participate in such activities. “Taxation policy is under the jurisdiction […]
Digital economy to contribute 25.5 pct to GDP by 2025
KUALA LUMPUR: The digital economy is expected to contribute 25.5 per cent to the country’s gross domestic product (GDP) by 2025, according to the 12th Malaysia Plan (12MP) document released by the Economic Planning Unit (EPU) today. The contribution of e-commerce activities to the GDP, meanwhile, is targeted at 10.5 per cent under the country’s […]
SMEs need digital tools to grow business in pandemic era
KUALA LUMPUR: E-commerce is helping businesses to survive during the Covid-19 pandemic and it offers enormous potential for them to prosper in the future, according to technology company Google. Its government affairs and public policy manager Nick Bauer said there are opportunities abound for Malaysian businesses, especially small and medium enterprises (SMEs), to leverage on […]
Skincare sales target $181 billion by 2025 with consumers on ‘skinimalism’ quest
KUALA LUMPUR: The global beauty and personal care market is expected to rebound in 2021, with a three per cent growth largely driven by Asia Pacific, according to global market research company Euromonitor International. In its latest webinar ‘Beauty in recovery: going green and clean’, Euromonitor delves into the industry’s future outlook, exploring the key […]
UPS set to expand retail presence in Malaysia amid e-commerce boom
KUALA LUMPUR: Global shipping and logistics company United Parcel Service (UPS) is set to expand its retail presence in Malaysia this year amid a boom in e-commerce by partnering with ParcelHub. President for South Asia Matt Parkey said UPS has seen e-commerce, parcel delivery and logistics management booming in the last 12 months and the […]
