KOTA KINABALU, Oct 8 (Bernama) -- The government is assessing the impact of e-commerce platforms on the local business ecosystem, including small and medium-sized enterprises (SMEs), the retail sector and the postal and courier industry.
General : Govt Studying Impact Of e-Commerce Platforms On Local Business Ecosystem
Fahmi Fadzil, e-commerce, platforms, MCMC, entrepr
Key points
- Communications Minister Datuk Seri Fahmi Fadzil said the ministry is aware of the issue after traders raised concerns about a potential market imbalance caused by e-commerce platforms.
- Fahmi said the government has no intention of preventing traders and entrepreneurs from using e-commerce platforms as a business channel, but it must ensure the sector’s growth does not negatively affect the local economic ecosystem.
- “We are not preventing traders and entrepreneurs from benefiting from e-commerce platforms, but we are mindful of any negative impact, particularly on the local ecosystem, including the sales, retail, and postal and courier sectors,” he said.
Sentences selected automatically from the original article by Bernama.
Story details
- Published
- Section
- news
- Format
- Article
- Original
- bernama.com ↗