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Old November 1st, 2017, 03:46 PM   #1
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Digital Free Trade Zone (DFTZ)

First Digital Free Trade Zone (DFTZ) di Dunia
By Noor Asrekuzairey Mat Salim - 22 Mac 2017



Perdana Menteri, Datuk Seri Najib Tun Razak bersama Pengasas dan Pengerusi Eksekutif Kumpulan Alibaba, Jack Ma (tengah) bergambar kenangan pada Majlis Pelancaran World's First Digital Free Trade Zone (DFTZ) di Hotel Mandarin Oriental, Kuala Lumpur. foto NOOR ASREKUZAIREY SALIM, 22 MAC 2017





Sumber: http://malaysiagazette.com/v2/blog/2...dftz-di-dunia/
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Old November 1st, 2017, 03:50 PM   #2
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MALAYSIA LAUNCHES WORLD’S FIRST DIGITAL FREE TRADE ZONE
DFTZ is expected to double the growth rate of SMEs' goods export, increase overall goods export by US$25 billion, and create 60,000 jobs by 2025

Quote:
KUALA LUMPUR, 22 March 2017 – Dato’ Sri Mohd Najib Tun Abdul Razak, the Prime Minister of Malaysia, together with Jack Ma, founder and Executive Chairman of Alibaba Group, launched the world’s first Digital Free Trade Zone (DFTZ) today. DFTZ will provide physical and virtual zones to facilitate SMEs to capitalise on the convergence of exponential growth of the internet economy and cross-border eCommerce activities. It will act as a microcosm to support internet companies to trade goods, provide services, innovate and co-create solutions.

DFTZ will be a boost to Malaysia’s eCommerce roadmap that was introduced in 2016, which aims to double the nation’s eCommerce growth and increase the GDP contribution to RM211 billion (approximately US$47.68 billion) by year 2020.

“Malaysians have embraced the internet economy and eCommerce in a big way. We are now leading the eCommerce market in the region generating revenue of US$2.3billion in 2015. With the launch of the world’s first Digital Free Trade Zone, Malaysia will serve as a regional eFulfillment center, and also become the regional hub for SMEs, marketplaces and monobrands,” said Dato’ Sri Mohd Najib Tun Abdul Razak, the Prime Minister of Malaysia.

Dato’ Sri Najib added, “Both DFTZ and Electronic World Trade Platform (eWTP), the brainchild of Jack Ma, have one common goal. We want to help SMEs overcome the complex regulations, processes and barriers, and eventually further encourage businesses and traders to connect and collaborate in cross-border trading”.

The launch ceremony also witnessed the exchanges of Memorandum of Understanding (MoUs) between four parties, and they are;
  1. MDEC and Alibaba Group for strategic collaboration in the development of DFTZ in Malaysia consistent with the objective of the Electronic World Trade Platform (eWTP); and the development of a Regional Hub for eCommerce business, trade facilitation, SME onboarding, cloud services for enterprises and an eFulfilment and logistics hub.
  2. Malaysia Airports Holdings Berhad and Cainiao Network for the development of a regional eCommerce and Logistics Hub in KLIA Aeropolis as part of the Digital Free Trade Zone Initiative.
  3. Alipay and Maybank / Alipay and CIMB for the collaboration in launching Alipay barcode payment in Malaysia. This partnership will enable mainland Chinese tourists to make payment using their favourite payment method - their Alipay e-wallet. For Malaysian merchants, this will give them exposure to the vast China market.
  4. MDEC and Catcha Group for the collaboration for the establishment of Kuala Lumpur Internet City (KLIC).

DFTZ consists of three main components that combine both physical and virtual zones. The physical zone comprises of the eFulfillment Hub and Satellite Services Hub while the virtual zone consists of the eServices Platform. DFTZ will provide SMEs, marketplaces and monobrands a holistic eCommerce trading experience through these benefits:

1. Strategic location and global best-in-class facilities
  • Gateway to the region and proximity to sea and air ports
  • High efficiency modular eFulfillment warehouse
  • Satellite services hub to support eCommerce ecosystem
  • Employee-centric infrastructure

2. Services
  • Unified government services platform
  • Integrated digital eServices platform to access leading global service providers
  • Presence of global logistics and fulfilment service providers

3. Regulatory processes
  • Improve regulatory processes leading to faster customs and cargo clearance

DFTZ has the potential to double the growth rate of Malaysian SMEs’ goods export by 2025. It is also estimated to support US$65 billion worth of goods moving through DFTZ. Additionally, DFTZ is expected to create 60,000 direct and indirect jobs by 2025.

“DFTZ is a testament to Malaysia’s unwavering commitment to propel the growth of SMEs through eCommerce. It also marks a new phase of collaboration between Malaysian and Chinese businesses through the participation of Mr. Ma and Alibaba Group. I strongly believe that together, we can achieve a more prosperous economic landscape that benefits the industry and people,” Dato’ Sri Najib commented.

“The eWTP or Electronic World Trade Platform should be driven by businesses and supported by governments. If we can build an inclusive platform for businesses and young people to trade and do business freely, openly, and fairly, this will be fundamental to the world economy over the next 20 to 30 years and for the century,” said Jack Ma, Founder and Executive Chairman of Alibaba Group.

DFTZ’s implementation of physical and virtual zones will be done in phases. The first eFulfillment Hub will be centred at KLIA Aeropolis. KLIA Aeropolis development is centered on the key clusters of air cargo and logistics, aerospace and aviation. The initial phase will be rolled out before the end of 2017 by Alibaba, Cainiao, Lazada and POS Malaysia, leading to the formal launch of Alibaba's facility at the end of 2019.

The other physical component of the DFTZ is the Satellite Services Hub, to be located in Bandar Malaysia. Kuala Lumpur Internet City (KLIC) will be the first satellite services hub of DFTZ and will be developed by another strategic partner, Catcha Group, Southeast Asia’s leading internet group. KLIC is set to be the premier digital hub for global and local internet-related companies targeting Southeast Asia. It will comprise of key players within the internet ecosystem to facilitate end-to-end support, networking and knowledge-sharing that will drive innovation in the internet economy and the eCommerce industry.

“Catcha Group is proud to be a strategic partner of DFTZ, supporting Malaysia’s plan to propel the growth of the country’s internet economy. We are excited to be developing KLIC, bringing all the key eCommerce players and internet companies within close proximity of each other to create a premier digital hub. Our vision for KLIC is to be the ASEAN headquarter for global internet MNC’s, regional leaders and aspiring entrepreneurs in the internet ecosystem.” said Patrick Grove, Co-Founder and Group CEO of Catcha Group.

The virtual zone, which is the E-Services Platform, will be made available in time to support the goods movement within DFTZ. The e-Services platform will also offer integrated services that will help deliver a streamlined and efficient experience to the users operating from the DFTZ.

Further expansions of DFTZ are also planned for beyond 2019.

ABOUT MALAYSIA DIGITAL ECONOMY CORPORATION (MDEC)

Malaysia Digital Economy Corporation or MDEC (formerly known as Multimedia Development Corporation Sdn. Bhd.) is the lead agency in driving the digital economy in Malaysia under the Ministry of Communications and Multimedia Malaysia. Since its inception 20 years ago, MDEC’s mission is to develop the nation’s digital economy. MDEC’s implementation efforts are centred on driving investments, building local tech champions, catalysing digital innovation ecosystems and propagating digital inclusivity.

MDEC is also responsible to ensure that Malaysia plays an integral part in developing and nurturing talent to drive digital innovation around the world, while attracting participation from global ICT companies to invest and develop cutting edge digital and creative solutions in the country.
https://www.mdec.my/news/malaysia-la...ree-trade-zone
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Old November 1st, 2017, 03:52 PM   #3
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Lazada Malaysia on track to cater 600m projected customer-base under DTFZ
By SOO WERN JUN - November 1, 2017 @ 7:10pm



Lazada Malaysia chief operating officer Kevin Lee says the company has sellers registering with them everyday, and most of them are small-medium enterprises. (NSTP Pic by SYARAFIQ ABD SAMAD)
Quote:
PETALING JAYA: Lazada Malaysia is on track with preparations to cater to the 600 million projected customer-base once the Digital Free Trade Zone (DFTZ) fully takes off in 2019, said chief operating officer Kevin Lee.

Since the launch of the DFTZ by Prime Minister Datuk Seri Najib Razak in March, Lee said Lazada has sellers registering with them everyday, and most of them are small-medium enterprises.

“They are no longer the same as before. They are more sophisticated, mature and are excited to be part of growing this ecosystem.

“We have sellers that have been with us for five years and they see their business grow with us. They feel that they have a responsibility to help grow the ecosystem,” said Lee during a warehouse tour with reporters in Subang Jaya today.

“Some of them come to us asking for our advice on how to make their products more appealing, what they should be selling that are on demand.

“Some of them are even inviting their friends who are SMEs but have not become a seller with Lazada to hop on to the bandwagon,” he added.

Lee expressed confidence that with Lazada’s website presence in Southeast Asian (SEA) countries and they being one of the strongest e-commerce platforms (in each country), it will be able to drive the DFTZ to its fullest potential.

“We have a SEA network and logistics to push sales. We have also started cross-border shipments in an effort to connect the dots between these countries.”

Lazada is looking at connecting the systems because “if we don’t connect we cannot sell to the SEA countries”, Lee said.

“We are also working to connect our systems to the customs’ systems to enable a more simply process.

Lazada has also integrated its processors and systems into the DFTZ as it will become one of the sales points in its SEA network.

“With DFTZ, we will have to increase sale speed and we are very excited for the SMEs that will be benefitting from the 600 million customer-base.

“Malaysia needs this and I think that the SME’s should work hard to put the right products in here, working with the right team and people to take advantage of the opportunities that DFTZ has to offer.”

Meanwhile, Lee said the e-commerce market although not taking up a big number in the Malaysian retail market (1.5 to 2 per cent) it has grown rapidly since it took off.

“We have grown, but the space and opportunity for growth is much higher. We are building towards that.

“At the end of the day, there is two things we are focusing on - what the customer wants and on the seller side, how they too can gain satisfaction from being a seller.

According to Lee, the e-commerce market still faces several challenges one being awareness.

“People are still not aware of the opportunities to shop online. Many people out there still don’t know what they can buy online.

“How many people actually know that Lazada has 80 million items sold online?” he asked.

They don’t know that they buy almost everything online today.

“Trust is another reason why people don’t shop online as much. That is one reason why Lazada offers many different types of payment methods.

“We want to build that trust and when people trust us, they will eventually understand the convenience and speed e-commerce,” he said.
https://www.nst.com.my/business/2017...ase-under-dtfz
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Old November 2nd, 2017, 09:41 AM   #4
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Huge Stride Into The World Of Digital Economy As DFTZ Goes Live Tomorrow
By Nurul Haniz Izmir

Quote:
KUALA LUMPUR, Nov 2 (Bernama) --Malaysia's stride into the world of digital economy will become a reality when the visionary digital free trade zone (DFTZ) goes live tomorrow.

The initiative, said to be the world's first DFTZ outside China, was launched on March 22, 2017 by Prime Minister Datuk Seri Najib Tun Razak together with Jack Ma, the Founder and Executive Chairman of Alibaba Group.

DFTZ is now ready to go live with the launch of its logistics operations and Najib will flag-off more than 1,500 Malaysian small and medium enterprises (SMEs) for them to begin their export journey, at a ceremony to be held at Sepang International Circuit on Thursday.

Among others, DFTZ will provide physical and virtual zones to facilitate SMEs to capitalise on the convergence of exponential growth of the Internet economy and cross-border e-commerce activities.

The set-up will include an e-fulfillment hub, satellite services hub and an e-services platform to stimulate growth in electronic trade which will also function to support Internet companies to trade goods, provide services, innovate and co-create solutions.....
http://www.bernama.com/bernama/v8/bu...php?id=1406472
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Old November 3rd, 2017, 07:25 AM   #5
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Digital Free Trade Zone goes live on Nov 3
November 2, 2017 @ 2:02pm
Quote:
KUALA LUMPUR: Malaysia’s stride into the world of digital economy will become a reality when the visionary digital free trade zone (DFTZ) goes live tomorrow.

The initiative, said to be the world’s first DFTZ outside China, was launched on March 22, 2017 by Prime Minister Datuk Seri Najib Tun Razak together with Jack Ma, the Founder and Executive Chairman of Alibaba Group.

DFTZ is now ready to go live with the launch of its logistics operations and Najib will flag-off more than 1,500 Malaysian small and medium enterprises (SMEs) for them to begin their export journey, at a ceremony to be held at Sepang International Circuit on Thursday.

Among others, DFTZ will provide physical and virtual zones to facilitate SMEs to capitalise on the convergence of exponential growth of the Internet economy and cross-border e-commerce activities.

The set-up will include an e-fulfillment hub, satellite services hub and an e-services platform to stimulate growth in electronic trade which will also function to support Internet companies to trade goods, provide services, innovate and co-create solutions.

Malaysia Digital Economy Corporation (MDEC), the lead agency in driving Malaysia’s digital economy, is confident DFTZ will boost Malaysia’s e-commerce roadmap that was introduced in 2016, aimed at doubling the nation’s e-commerce growth and increase the Gross Domestic Product contribution to RM211 billion by 2020.

Najib was reported as saying that both DFTZ and the Electronic World Trade Platform (eWTP), another brainchild of Jack Ma, have one common goal.

“We want to help SMEs overcome complex regulations, processes and barriers and eventually further encourage businesses and traders to connect and collaborate through cross-border trading,” he said.

Focus has been given to this new industry, which is believed to provide a handsome number for the economy.As a result, Najib, in the recent 2018 Budget, announced that the first phase of DFTZ would see the participation of some 1,500 SMEs and they were expected to attract RM700 million worth of investments and create 2,500 jobs.

But, it is understood that the number of participating SMEs had increased to 2,000 recently, hence, surpassing the initial target.

The government, via its budget tabling, also announced an allocation of RM83.5 million for infrastructure construction for the first phase of the DFTZ in Aeropolis, Kuala Lumpur International Airport (KLIA), to create a regional gateway for e-commerce.

Thus far, four Memorandum of Understandings (MoUs) were signed in March towards the enhancement of e-commerce.

The first MoU was between MDEC and Alibaba Group for strategic collaboration in the development of DFTZ in Malaysia, regional hub for e-commerce business, trade facilitation, SME onboarding, cloud services for enterprises and an e-Fulfilment and logistics hub.

The second MoU was between Malaysia Airports Holdings Bhd and Cainiao Network for the development of a regional e-commerce and logistics hub in KLIA Aeropolis as part of the DFTZ Initiative.

Meanwhile Alipay, the third-party mobile and online payment platform, signed an MoU with Malayan Banking and CIMB, to launch the Alipay barcode payment in Malaysia.

This partnership will enable mainland Chinese tourists to make payment using their favourite payment method - their Alipay e-wallet.

The fourth MoU was between MDEC and Catcha Group for collaboration in the establishment of the Kuala Lumpur Internet City.

Further expansion of the DFTZ is being planned for beyond 2019.-- BERNAMA
https://www.nst.com.my/business/2017...oes-live-nov-3
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Old November 3rd, 2017, 07:26 AM   #6
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eBay keen to work with Malaysian SMEs
By NST Business - November 2, 2017 @ 11:45am
Quote:
KUALA LUMPUR: Global e-commerce platform, eBay is keen to tap into the Malaysian robust small and medium entreprises (SMEs) in line with the government's Digital Free Trade Zone (DTFZ) initiative.

“Today, eBay has 168 million active buyers worldwide buying items from over 1.1 billion listings in our marketplace. With this, we can help Malaysian SMEs expand their business opportunities by providing a global shop front accessed by buyers across the world,” said Wong Mei Inn, Country Head Trade, eBay Malaysia said in a statement.
“With Malaysia’s current developed internet infrastructure and the DTFZ on the horizon, there’s no better time for Malaysian SMEs to go global.”

She noted as well that the increase in broadband penetration coupled with strong government support for Internet-based retail has lowered the entry barriers for Malaysians to do business online.

As such, eBay will focus on offering localized seller support to catalyse the growth of Cross Border Trade sellers in Malaysia by developing strategic initiatives to equip local business owners with a competitive edge over host sites’ sellers.

This support will encompasses three pillars which are technical, logistical as well as education and business.

“In the era of the digital economy, eCommerce is the way to go for businesses, especially with the nation’s market growth expected to grow to RM 16.3 billion in 2017 alone,” continued Wong.

A survey that was done recently by eBay also noted that the top three export destinations for Malaysian sellers are the United States of America (USA), Australia and United Kingdom (UK).

USA remains its position as the top export destination for businesses based in Malaysia, with a 60 per cent growth from the previous year.

Additionally, the fastest growing corridor for cross-border transactions are Germany (336 per cent), Ukraine (108 per cent) and China (107 per cent) respectively.

Asia Pacific is recognised as the world's fastest growing eCommerce region and Malaysia is now leading the eCommerce market in the region, generating a revenue of US$2.3billion in 2015.
https://www.nst.com.my/business/2017...malaysian-smes
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Last edited by nazrey; November 3rd, 2017 at 08:17 AM.
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Old November 3rd, 2017, 09:50 AM   #7
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Alibaba Cloud Malaysia Data Center Commences Operations
October 30, 2017
Meets growing demand in the region and enables enterprises to run workloads in Malaysia

Quote:
Kuala Lumpur, Malaysia, October 30, 2017 – Alibaba Cloud, the cloud computing arm of Alibaba Group, today opened its data center in Malaysia. Located strategically for Southeast Asian coverage, the data center will meet the surging demand for scalable and cost-effective cloud computing services among enterprises in the region.

As the first global public cloud platform in Malaysia, the new center will provide Malaysian enterprises a local choice to build their businesses and run their applications on a powerful, reliable and secure cloud platform. Customers with low latency or data sovereignty requirements will be able to store and process huge amounts of data in Malaysia. By migrating IT infrastructure to the cloud, enterprises can leverage Alibaba Cloud's scalable and cost effective cloud services to scale rapidly, accelerate innovation and expand their geographic reach in minutes.

The power and network strength of the data center reaches beyond Malaysia. It provides flexibility for enterprises as far away as Singapore, Hong Kong and Thailand to subscribe to services according to different disaster recovery and network speed requirements. The link to the data centers in Hong Kong and Singapore via Alibaba Cloud's backbone network will provide fast, stable, secure and private or dedicated connections between different cloud environments, providing customers efficient cross-border hybrid cloud solutions.

The data center will offer a comprehensive suite of cloud products and services ranging from elastic computing, database service, networking, security, middleware, to analytics and big data. This will encompass the full range of Alibaba Cloud's solutions which will satisfy the needs of governments and large corporations as well as enterprises in the Internet, game, multimedia, mobile Internet and finance industries. The big data service "MaxCompute" (a big data platform that allows users to store and process massive amounts of structural data to levels as high as terabyte or even petabyte) in particular, will bring sophisticated data intelligence services ranging from data processing and analytics to machine learning to Malaysian businesses, driving their technology-enabled business transformation.

Alibaba Cloud has dedicated a local team of solutions architects and professional consultants to provide services from cloud consulting to after-sales support, helping customers of all sizes as they move to the cloud and enabling them to realize their full economic potential.

Simon Hu, Senior Vice President of Alibaba Group and President of Alibaba Cloud said: "The Malaysia data center will give us a leading edge to support the growth of SMEs and other businesses in the region. For SMEs and start-ups in particular, access to scalable and cost effective cloud services, as well as a local support team are decisive factors when they choose a cloud service partner. Alibaba Cloud's powerful and comprehensive solutions will offer smaller companies a level playing field to compete in global trade. Large enterprises, on the other hand, will enjoy the convenience and security of local data storage, helping them to meet applicable regulatory requirements."

In March this year, Alibaba Group announced the setup of the first overseas e-hub under eWTP or Electronic World Trade Platform in Malaysia. The cloud solutions offered by the data center will facilitate seamless cross-border online businesses for Malaysian enterprises.
"In the near future, cloud computing, data technology and AI will become fundamental tools for all companies and organizations to operate effectively. The newly opened data center will boost Malaysia's cloud infrastructure and be the digital foundation to realize the eWTP vision in the country," Hu added.

The new data center in Malaysia will add to Alibaba Cloud's 14 data centers worldwide, covering mainland China, Hong Kong, Singapore, Japan, Australia, the Middle East, Europe, and the U.S. (East and West Coast).

For more information on products and services, go to: https://www.alibabacloud.com/campaig...a-cloud-server

About Alibaba Cloud
Established in 2009, Alibaba Cloud (www.alibabacloud.com), the cloud computing arm of Alibaba Group, is among the world's top three IaaS providers according to Gartner, and the largest provider of public cloud services in China, according to IDC. Alibaba Cloud provides a comprehensive suite of cloud computing services to businesses worldwide, including merchants doing business on Alibaba Group marketplaces, start-ups, corporations and government organisations. Alibaba Cloud is the official Cloud Services Partner of the International Olympic Committee.
https://www.alibabacloud.com/press-r...ces-operations
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Old November 3rd, 2017, 10:12 AM   #8
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Alibaba Launches 11.11 Global Shopping Festival In Malaysia
Last update: 01/11/2017

Quote:
KUALA LUMPUR, Nov 1 (Bernama) -- The Alibaba Group has launched its 24-hour 11.11 Global Shopping Festival for the first time in Malaysia, offering discounts of up to 50 per cent and international shipping fees starting from zero ringgit.

The Chinese e-commerce giant said Malaysian shoppers using e-banking facilities would also be able to enjoy RM30 cashback with a minimum purchase of RM300 on Taobao, one of its flagship online marketplaces.

"Malaysia is a key market for the group and we find that Chinese consumers have a preference for Malaysian products such as snacks and coffee," said Alibaba Group Tmall World Southeast Asia Business Development Manager Cici Cai after launching the festival here today.

Apart from Alibaba's Tmall and Taobao marketplaces, Malaysian consumers can also shop via the Lazada platform under the 'Taobao Collection'.

The Alibaba Group has a 83 per cent stake in Lazada.....
http://www.bernama.com/bernama/v8/bu...php?id=1406127
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Old November 3rd, 2017, 10:17 AM   #9
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Digital Economy To Contribute 18.2 Pct To Gdp This Year - Abdul Rahman
Last update: 31/10/2017

Quote:
KUALA LUMPUR, Oct 31 (Bernama) -- The digital economy has strengthened further and is now one of the main contributors to the country's economy and projected to account for 18.2 per cent of gross domestic product (GDP) this year.

Minister in the Prime Minister's Department Datuk Seri Abdul Rahman Dahlan said the performance was expected to continue next year especially through initiatives outlined under Budget 2018.

"We have set a target for the digital economy to contribute 20 per cent to the country's GDP by 2020, but with various initiatives in Budget 2018, I think it will surpass our expectation," he said when appearing as a guest in a dialogue session titled 'The Digital Economy Wave and its Impact' at the e-Entrepreneur Convention 2017 here today.

He was also optimistic about the potential of the digital economy which is rapidly expanding locally and globally.

The importance of the digital economy was obvious as demonstrated by the five-day #MyCybersale 2016 which generated online sales of RM211 million, he said.....
http://www.bernama.com/bernama/v8/bu...php?id=1405954
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Old November 3rd, 2017, 10:18 AM   #10
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Almost 2,000 SMEs Have Registered To Join DFTZ, Says Najib
Last update: 31/10/2017

Quote:
KUALA LUMPUR, Oct 31 (Bernama) -- The Digital Free Trade Zone (DFTZ) has attracted the participation of close to 2,000 small and medium enterprises (SMEs), said Prime Minister Datuk Seri Najib Tun Razak.

He said the total number had surpassed the initial target to rope in 1,500 SMEs to be involved in the free trade zone which will be operational this Friday.

"These SMEs are able to access the global market especially the market in China, which is a huge market," he said during the TN50's e-Entrepreneur Dialogue here today.

Also present were Minister of International Trade and Industry Datuk Seri Mustapa Mohamed, Minister in the Prime Minister's Department Datuk Seri Rahman Dahlan, Higher Education Minister Datuk Seri Idris Jusoh and Malaysia Economy Digital Corporation (MDEC) Chief Executive Officer Datuk Yasmin Mahmood.

Meanwhile, Yasmin said a digital platform had been developed especially for DFTZ to facilitate the SMEs to export their products via the trade zone.

She said the platform would start operating simultaneously with DFTZ and the participating SMEs were already given training.

Besides optimising trade through e-trade, the DFTZ was also targeting to double the cross-border trade growth by local SMEs.

On eUsahawan, Yasmin said since it was introduced in 2015, the programme, organised by MDEC, had successfully trained more than 100,000 participants and generated additional sales of worth over RM136 million.

Based on this achievement, MDEC had targeted to double the sales next year, she added.

-- BERNAMA
http://www.bernama.com/bernama/v8/bu...php?id=1405914
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Old November 3rd, 2017, 11:54 PM   #11
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Jack Ma pledges to help turn Malaysia into a regional digital powerhouse
By Amir Hisyam Rasid and Azura Abas - November 3, 2017 @ 7:28pm


Quote:
KUALA LUMPUR: Alibaba Group founder and executive chairman Jack Ma pledges to help turn Malaysia into a regional digital powerhouse that will "redefine global trade".

DFTZ, first free trade zone outside China to be equipped with state-of-the-art facilities and technology, is expected to increase SMEs exports to US$38 billion, create over 60,000 jobs and facilitate movement of goods worth US$65 billion by 2025.


It also has the vision to make Malaysia Asia's leading transshipment hub by 2025.

Ma said it aims to continue to support Malaysia, especially the SMEs and micro businesses, to become further globalised with its provision of technology, finance and training into DFTZ.

For example, inducing advanced technology into DFTZ, a similar concept to China's free trade zones which help facilitate multi-billion products in just 100 minutes across the republic, would enable Malaysia to have the capacity to market to at least two billion population globally in shorter time, he added.

"In the past 30 years, global trade has been designed for big companies. This is the first free trade zone that focuses on SMEs and micro businesses.

"It should be a leading model to other free trade zones in other countries. The free trade zone initiative gives a new meaning to global trade," Ma said at the launch of DFTZ First Phase.

Export markets, via DFTZ, have been identified to be Europe, Russia, China and Southeast Asian regions, he added.

Alibaba's Electronic World Trade Platform (eWTP) forms part of DFTZ to ensure the free trade zone facilitates seamless cross-border trade.

eWTP offers Malaysian SMEs the infrastructure for doing commerce with services encompassing logistics, cloud computing and mobile payment.

Ma said eWTP aims to lower trade barriers and provide more equitable access to markets for SMEs.

"Malaysia is the first country to adopt eWTP initiative outside China. In the future, more of this will be done in other countries to create the global network to facilitate trade for SMEs around the world," he said.
https://www.nst.com.my/business/2017...tal-powerhouse
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Old November 4th, 2017, 04:11 AM   #12
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DFTZ a game changer; will make Malaysia more accessible to the world: SMEs
By NOORSILA ABD MAJID - November 3, 2017 @ 9:36pm



(File pix) The Digital Free Trade Zone (DFTZ) Goes Live was an eagerly awaited event for Malaysian small and medium enterprises (SMEs), who wanted to take full advantage of the state-of-the-art e-commerce hub to expand their market shares globally. (BERNAMA)

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SEPANG: The Digital Free Trade Zone (DFTZ) Goes Live was an eagerly awaited event for Malaysian small and medium enterprises (SMEs), who wanted to take full advantage of the state-of-the-art e-commerce hub to expand their market shares globally.

SEPANG: The Digital Free Trade Zone (DFTZ) Goes Live was an eagerly awaited event for Malaysian small and medium enterprises (SMEs), who wanted to take full advantage of the state-of-the-art e-commerce hub to expand their market shares globally.


The advisor to the Secretariat for the Advancement of Malaysian Entrepreneurs (SAME) Peter Phang, who witnessed the historic moment at the Sepang International Circuit (SIC) this evening said the DFTZ will be a game-changer for the local SMEs.

"Our country is now officially the digital free trade hub for this part of the world and from now on we are effectively being transformed and recognised in the digital world," he said.

The presence of 20 top global freight forwarders in DFTZ will also make Malaysia more accessible to the world.

"Today is also the day that marks the flag off of 1,900 Malaysian SMEs to ride on the digital bandwagon for global trade," he added.

Sharing his e-commerce trading experience, the managing director of Love A Durian, Benson Wong, who exports Love a Durian White Coffee in the region, strongly believes in the power of e-commerce, especially for Malaysian products to penetrate the Chinese market.

"There are a lot of food safety regulations in the world. The DFTZ allows SMEs like us to do new cross-border e-commerce and open up the market, especially in China.

"It also saves a lot of time, because our stocks can be parked in the DFTZ warehouse. Imagine the speed of sending our products from Shah Alam to Penang. Or to China."

But for green household and industrial cleaning product exporter, Kleenso Resources Sdn Bhd, there is a need for DFTZ to support more homegrown manufacturers.

"The DFTZ, at this moment, will benefit the e-commerce online traders," its founder Lee Teck Meng opined. "It can still benefit Malaysian manufacturers like me. But we will have to put in a lot of effort to manage and promote our products that will be in direct competition with products made in China.

"So a lot of local manufacturers will choose exhibition over an e-commerce platform because of its direct and bigger impact."

Sharing the same sentiment, the president of Young Entrepreneurs Association (GMB Malaysia) Agil Faisal Ahmad Fadzil said the mechanics of DFTZ need to be outlined and fine-tuned to support more local e-Commerce players as well as homegrown products.

"The DFTZ should facilitate local SMEs in embracing e-Commerce because our take-up rate is still low. We need to scale up our SMEs, who are more apt at doing business to consumers (B to C) as compare to business to business (B to B) as propagated by Alibaba," he explained.

There are also concerns over different market requirements, especially in China that many local SMEs are still unfamiliar with.
https://www.nst.com.my/business/2017...ble-world-smes
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Old November 13th, 2017, 04:58 AM   #13
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Alibaba takes record US$25 bn on 'Singles Day'
By AFP - November 12, 2017 @ 5:00pm



Staff pose for photos in front of a screen showing total sales at over 168 billion yuan shortly after the end of the 11.11, or Singles Day shopping festival, at a gala event in Shanghai early on November 12, 2017.After twenty-four hours of swiping on "Singles Day" bargains, Chinese online shoppers once again broke records for e-commerce giant Alibaba. AFP PHOTO
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BEIJING: Chinese online shoppers spent a record US$25 billion on this year’s “Singles Day” promotion run by e-commerce giant Alibaba, up nearly 40 per cent from last year, figures showed on Sunday.

At the peak, 256,000 payments were being processed per second on Saturday, the firm said, more than 90 per cent of them placed via mobile.

The company’s gross merchandise volume for its annual sales extravaganza known as “Double 11” representing November 11, came in at 168.3 billion (US$25.3 billion), Alibaba said in a statement on its website.

The figure represents sales processed through Alibaba’s online payment system Alipay.

The total sales were up 39 per cent from last year’s 120.7 billion yuan (US$17.8 billion) – a milestone this year eclipsed in under 14 hours, according to Alibaba.

Rivals such as JD.com also reported brisk business.

Analysts expect Chinese e-commerce retailers to take “Singles Day” – which originally celebrated the idea of being unattached – abroad as growth rates slow in the years ahead.

Chinese state news agency Xinhua reported that more than 140,000 overseas brands participated in this year’s promotion.

“Alibaba looked to elevate this year’s 11.11 from a shopping day to a virtual holiday,” the company said in its statement, “complete with a motto – ‘Wishing you a Happy 11.11’ – that closely resembles the sort of greetings Chinese all over the world exchange at the Lunar New Year.” — AFP
https://www.nst.com.my/business/2017...bn-singles-day
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Old November 14th, 2017, 03:51 AM   #14
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MAYA2U digital platform to benefit local cooperatives
November 14, 2017, Tuesday


Quote:
PETALING JAYA: Over 13,000 cooperatives under the Malaysian National Co-operative Movement (Angkasa) will benefit from MAYA2U, a digital trading gateway built on the collaboration between Sterling Red Sdn Bhd and OBOR Net Sdn Bhd.

Its President, Datuk Abdul Fattah Abdullah, said MAYA2U would enable eight million members under Angkasa to tap into OBORNet’s ASEAN2U e-commerce platform and gain access to 65 One Belt One Road (OBOR) countries.

“This initiative will enable cooperatives in Malaysia and ASEAN to trade with other OBOR countries, starting with China, Hong Kong and Taiwan,” he said at the signing of a strategic business collaboration agreement between Sterling Red and OBORNet yesterday.

The collaboration between MAYA2U and ASEAN2U is the first Business-to-Business-to-Commercial (B2B2C) in the country and would provide a one-stop ecosystem to facilitate cross border trading and garner sales growth both domestic and internationally.

He said China’s e-commerce market, estimated at more than US$600 billion, would enable Malaysian cooperatives to expand by collaborating with other enterprises to add customers, product and services offerings.

Capitalising on the newly-launched Digital Free Trade Zone, he said the platform would provide a better logistics service for customers and bridge communication, shed language barriers and culture differences.

“Small and medium enterprises will be enhanced to a higher horizon to meet global, as well as, OBOR countries’ vendors.

“The collaboration between MAYA2U and ASEAN2U will empower us to offer our full services to cooperatives on their growth path with advanced technology at a low cost,” he said.

Moving forward, after gaining access into China, the partnership would see SMEs aiming to enter other markets such as Europe and the Middle East.

Angkasa is the apex cooperative body representing the Malaysia cooperative movement at the national and international level. — Bernama
http://www.theborneopost.com/2017/11...-cooperatives/
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Old December 31st, 2017, 03:22 PM   #15
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DFTZ will be a boost to Malaysia’s eCommerce roadmap that was introduced in 2016, which aims to double the nation’s eCommerce growth and increase the GDP contribution to RM211 billion (approximately US$47.68 billion) by year 2020.
https://www.mdec.my/news/malaysia-la...ree-trade-zone
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Old January 18th, 2018, 01:38 PM   #16
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http://www.themalaymailonline.com/ma...qvfOsCkOLC5.97
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Old January 18th, 2018, 01:41 PM   #17
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To achieve this goal, the DFTZ will help businesses including SMEs expedite the transportation of goods regionally. For Phase 1, the DFTZ will set aside a section of the Kuala Lumpur International Airport (KLIA) Aeropolis for storage space and logistics facilities. This will then expand to other sites in subsequent phases.
https://www.businesswire.com/news/ho...rade-Zone-DFTZ
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Old February 22nd, 2018, 05:15 PM   #18
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AliBaba Cloud aims to further enhance local digital economy
February 22, 2018 @ 9:20pm

Quote:
Alibaba Cloud Malaysia Sdn Bhd (ACM) has expressed the company’s 'passion and commitment' to Malaysia’s nation-building efforts and has aligning itself to contribute specifically to the country’s digital economy.

"As a locally registered company, ACM is in an ideal position to catalyse digital transformation spanning both the public and private sectors, aiming for the enrichment of the lives of the rakyat and local businesses,” country manager Kenny Tan said in a statement today.

According to international research firm Gartner, Alibaba Cloud is alongside Amazon Web Services and Microsoft as one of the world’s top three cloud computing platforms.

“With such empowerment comes great responsibility and this is true for us here in Malaysia as well,” explained Tan.

“Late last year, prime minister Datuk Seri Najib Tun Razak announced the 'Cloud First' strategy as a national agenda. Being in this industry itself, we have great confidence that this will serve to catalyse the digital economy even further. This ties in to another item on the national agenda, which is digital transformation," he said.

ACM, as a provider of cloud infrastructure and services, is on the front line of this manifesto, said Tan.

“Through faster delivery of information technology services, digital services in the country can now offer businesses the capabilities once only to be had by massive corporations,” Tan said.

“We allow them to work in or with technologies to offer new and better services, such as data sharing and online transactions, in which resources are retrieved from the Internet through web-based tools and applications. The cost is only a fraction of what it used to be. And the limit is nearly inexistent, thanks to the scalability of cloud services.”

“With a strong local presence in Malaysia, ACM has tied itself to the future of the country. The purpose is not only to offer cutting-edge cloud computing technologies, but to also extend these capabilities to various industry verticals, including those who face regulatory obstacles in areas such as data storage,” he added.

Late last year, the Alibaba Group announced the first Electronic World Trade Platform, or eWTP hub outside of China, which offers Malaysian small medium enterprises (SMEs) the infrastructure for doing commerce with services encompassing e-commerce, logistics, cloud computing, mobile payment and talent training and which also forms part of the Digital Free Trade Zone (DFTZ).

Earlier this month, ACM also announced a collaboration with Malaysia Digital Economy Corporation (MDEC) and City Hall (DBKL) to make Kuala Lumpur the first city outside of China to implement its “City Brain” solution.

The solution is aimed at making traffic flow smoother within Malaysia’s capital.

Alibaba Group president Simon Hu said: "Cloud computing, data technology and artificial intelligence (AI) have become fundamental tools for all companies and organisations to operate effectively.

"Building on this partnership, we are happy to see Malaysia become the first country outside of China to adopt the “City Brain” solution. Through this initiative, we aim to empower all Malaysian stakeholders in both the public and private sectors, with the tools to enhance efficiency, advance in innovation and to succeed in the digital age.

“Malaysia remains one of our key investment markets. We have strong confidence in the country’s digital economy vision and its National Artificial Intelligence Framework. This collaboration with MDEC and DBKL solidifies our longstanding partnership with Malaysia.”

The Alibaba Group is also the Official Cloud and e-commerce Partner at the ongoing Winter Olympic Games.

“Through our technology, we help create a more efficient and enjoyable experience for all audiences of all sizes,” said Tan.

Tan then proceed to quote the Alibaba Group founder and executive chairman Jack Ma: “Like the Olympic Games, Alibaba believes in creating a level playing field, giving everyone the chance to compete on the global stage.”

“Here in Malaysia, it is this very mission which excites us as we wake up in the morning and go to work every single day,” he concluded.
https://www.nst.com.my/business/2018...igital-economy
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Old March 8th, 2018, 09:45 AM   #19
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CM approves special grant for digital economy development
8th March, 2018
By ERIC BAGANG


Quote:
KOTA KINABALU: Tan Sri Musa Haji Aman said he has approved an additional allocation as special launching grant for the Ministry of Industrial Development to develop the digital economy in the state.

And, the Chief Minister has expressed the hope that the people would seize the opportunity to benefit from this allocation of RM1 million.

“I hope the youths, many of whom are currently involved in the digital economy and e-Dagang, will take advantage of this opportunity,” he said when opening the ‘Championing Sabah’s Digital Economy’ seminar at Shangri-La’sTanjung Aru Resort and Spa here yesterday.

Musa also said the state government was prepared to adjust policies or regulations to accommodate the methods and ways of doing certain businesses.

“If there is a need for liberalisation of methods and techniques, we are prepared to study and provide ample room for the promotion of applications in the business and trade systems,” he added.

According to him, the state government was business-friendly and that it wished to see more business people in the state.

“The government and business community help each other and will prosper each other,” he added.

Musa, who is also Finance Minister, said he wished to see the business community in Sabah to be on par with the world’s business community.

The government, he said, was taking steps to ensure conducive business environment in Sabah as well as to improve ease of doing business for e-Dagang entrepreneurs.

He said a sum of RM105 million was set aside under the 2018 State Budget for any ministry that needed extra funding to carry out good programmes.

The Chief Minister also said the state government was committed to spurring economic growth including industry, which is one of the key sectors under the Halatuju – a master plan to bring development and progress to Sabah. A sum of RM134 million was allocated under the 2018 State Budget to intensify efforts to promote investment and business opportunities.

Infrastructures at the Sabah Oil and Gas Industrial Park (SOGIP) in Sipitang, Palm Oil Industrial Cluster (POIC) in Lahad Datu, Kota Kinabalu Industrial Park (KKIP) in Kota Kinabalu as well as SEDCO would also be further enhanced.

“Overall, I am happy with the Industrial Development Ministry’s success and achievement all this while,” he said. Musa said that in 2016, Sabah attracted investments worth RM3.13 billion and created 5,154 jobs.

And, between 2013 and June last year, he said the state’s cumulative investments in the manufacturing sector stood at RM10.48 billion and generated 11,416 jobs.

“This is a very significant achievement,” the Chief Minister said.

He also said KKIP Sdn Bhd was now exploring new potential sectors to boost further investment and business, “and I believe this effort will provide huge opportunities for local small and medium enterprises (SMEs) to expand their businesses.”

Musa said he had announced surplus State Budgets ever since he became Chief Minister.

Explaining, he shared that when he was a businessman prior to entering politics, he learned the importance of prudent spending from his Chinese businessman friends who told him, “if you want to do business, never spend more than what you earn”.

Musa also spoke on his trip to China where he met a minister in charge of tourism.

“I was seated next to the minister when I attended a meeting. She had asked me how many Chinese tourists visited Sabah in a year and I told her we have between 400,000 and 450,000 tourists from China every year.

“She said the number was very small and she could double that. So I said in jest why not send one million and she said ‘ok’ but first you make sure you have sufficient hotels and resources.

“So that is an opportunity… Sabahans should seize this opportunity,” he said. Meanwhile, Musa also hailed the Industrial Development Ministry’s efforts to develop the Digital Free Trade Zone (DFTZ) at the KKIP.

“This is in line with the government’s aspiration to expand business and to develop Sabah’s SMEs in the digital economy,” he said, adding that this effort would facilitate the export of services and products of Sabah’s SMEs. Musa also disclosed that apart from Singapore, 60 Sabah SME products were being exported to other ASEAN countries and the Middle East.

Also present were Deputy Chief Minister Datuk Raymond Tan Shu Kiah who is also Minister of Industrial Development and his deputy Datuk Bolkiah Ismail.

More than 1,000 people participated in the seminar yesterday
http://www.newsabahtimes.com.my/nstweb/fullstory/22200
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Old March 19th, 2018, 01:14 PM   #20
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https://www.j-propves.com.my/?cur=ne...aces_with_DFTZ
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