Summary
- New E-Commerce Bill to be tabled at the next parliamentary meeting.
- Government reviewing foreign e-commerce competition.
- Online platforms and sellers face stronger accountability measures.
KUALA LUMPUR, October 10 — The government plans to introduce new e-commerce legislation to strengthen consumer protection and address unfair competition affecting local businesses.
Prime Minister Anwar Ibrahim announced that an E-Commerce Bill will be tabled at the next parliamentary meeting as part of efforts to improve accountability among online platforms and sellers.
The government is also reviewing legal and enforcement measures involving foreign e-commerce companies operating in Malaysia, following concerns raised by local small businesses about competition and market oversight.
The proposed measures aim to protect the interests of Malaysian micro, small and medium enterprises while ensuring products purchased by consumers meet safety requirements.
However, the budget speech does not provide details of the proposed legislation, including penalties, registration requirements or specific restrictions on foreign e-commerce operators.
