Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

Malaysia to formulate attractive package for digital free-trade zone: Najib

byCT Report
10/11/2016
in Uncategorized
Share on FacebookShare on Twitter

KUALA LUMPUR: Malaysia will formulate an attractive package for the Digital Free-Trade Zone to encourage more people to join the country’s e-commerce sector. Prime Minister Datuk Seri Najib Tun Razak said the package would be worked out with Alibaba founder Jack Ma, who would be coming to Malaysia to launch the Digital Free Trade Zone in March next year.

“We will discuss details of the incentives, regulations, etc. So, it will be quite an attractive package and many people will be compelled to engage in digital activities at the Digital Free Trade Zone,” he said. He was speaking at a casual session at the e-Entrepreneurs Conference 2016 at the Kuala Lumpur Convention Centre here, today.

You might also like

Saudi Asyad Group pledges to expand investment in Pakistan, eyes airport privatisation

27/08/2026

PAAPAM urges govt to retain one-year used-car transfer ban in Auto Policy 2026-31

27/08/2026

Communications and Multimedia Minister Datuk Seri Dr Salleh Said Keruak, Higher Education Minister Datuk Seri Idris Jusoh and Malaysia Digital Economy Corporation (MDEC) chief executive officer Datuk Yasmin Mahmood were present. Internet tycoon Jack Ma was appointed as Malaysia’s digital economy adviser by Najib during his official to China recently to help spearhead Malaysia’s e-commerce development.

The prime minister was responding to a question from a participant, Umarul Ariffin Jeffri, who provides automotive window tinting services, on his (Najib’s) meeting with Jack Ma during his visit to China.

Najib urged the people to get involved aggressively in the e-commerce development, not merely becoming bystanders. He said the use of digital technology in business could help boost revenue many times over rather than through conventional methods.

“We used to buy books from bookstores, but now people are placing orders through Amazon. If we do not keep in steps with this change, we might become ‘extinct’ like dinosaurs,” he said. Najib also toyed with the idea of the possibility that he would be marketing products like ‘Puding Diraja’, ‘daging opor’ and ‘Tenun Diraja’ from Pekan, Pahang through e-commerce if he were no longer involved in politics.

To a question from healthcare businesswoman Anis A’dilah Noor Azaman on how business people could radiate positive aura in meeting the challenges ahead, Najib said they should stay strong and should not give up easily.

“Despite facing many obstacles or barriers, or if someone hits at us, stabs us in the back, we should never give up, always be optimistic and do not lose our focus,” he said.

Related Stories

Saudi Asyad Group pledges to expand investment in Pakistan, eyes airport privatisation

byCT Report
27/08/2026

ISLAMABAD: Saudi investor Asyad Group has expressed its commitment to expand its existing investments in Pakistan and explore new opportunities...

PAAPAM urges govt to retain one-year used-car transfer ban in Auto Policy 2026-31

byCT Report
27/08/2026

ISLAMABAD: The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has urged the government to retain safeguards against the...

Iran bans Pakistani firm over exporting untreated mangoes

byCT Report
27/08/2026

ISLAMABAD: Iran has officially banned a Pakistani hot water treatment facility after detecting pest contamination in exported mango shipments, sparking...

Madrassas set to join formal banking system after landmark agreement

byCT Report
27/08/2026

KARACHI: Religious leaders, the State Bank of Pakistan (SBP) and financial institutions have agreed on a plan to resolve the...

Next Post

Malaysia works on ways to detect GST evaders

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.