Anwar orders expedited drafting of e-commerce Bill
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim has directed that the drafting of the e-Commerce Bill be expedited to ease the operations of digital businesses in the country.
KUALA LUMPUR: Prime Minister Anwar Ibrahim has instructed that the e-Commerce Bill be drafted more swiftly, aiming to enhance digital business operations, regulatory oversight, and business attractiveness. Anwar, who serves as Finance Minister, emphasized this move aligns with the sector's rapid growth. The government is receptive to industry insights for further ecosystem improvements.
The draft could be approved by October if deemed beneficial, he stated during the TikTok Shop Summit Malaysia 2026. He stressed that while promoting ethical standards and consumer protection, the government seeks to encourage legitimate businesses and prevent abuse. Anwar underscored the significance of ethical values and quality assurance in the digital economy, mirroring Malaysia's Madani approach.
The government will explore financing and support avenues for budding entrepreneurs, leveraging technology and AI to create business opportunities. The aim is to ensure these benefits extend to micro, small, and medium enterprises.
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