Thursday, May 18, 2017

1,500 Malaysian SMEs to be chosen for listing on

A total of 1,500 small and medium enterprises (SMEs) will be listed on the e-commerce platform by year-end, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.

I'm assuming that most if not all of the SME selected will the those that are producing their own products. A service provider like Pasti Nyala will get no chance. I'm just hoping that there will be hundred of SMEs for Sarawak selected for the listing. SMEs producing Sarawak Kek Lapis, Bird Nest, Laksa Paste and herbal products have better chance.

International Trade and Industry Minister said the selection of the eligible SMEs, with a diverse product range, would be carried out throughout the country from Oct 01, 2017.

The selection process will be conducted by SME Corp Malaysia, the Malaysia Digital Economy Corp and the Malaysia External Trade Development Corp, he told reporters after launching the national-level SME Week 2017 from May 4 until May 26 in Kuala Terengganu on Thursday.

He said the listing would use the Digital Free Trade Zone (DFTZ) as its marketing platform.

“We are confident that Alibaba’s investment will be a catalyst to boost the performance of the SMEs in order to penetrate foreign markets,” he said.

Source: thestar

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