KUALA LUMPUR, June 26 (Bernama) -- Online exports has been identified
as an effective channel for Malaysian small and medium enterprises
(SMEs) to reach out to millions of consumers overseas and sell to the
global marketplace.
Source from (Bernama): http://www.bernama.com/bernama/v7/bu/newsbusiness.php?id=958943
Published: Jun 27, 2013
Source from (The Star Online): http://www.themalaysianinsider.com/business/article/fantastic-opportunity-for-malaysian-smes-online-says-paypal/
Published: Jun 27, 2013
Data, released by PayPal, a leader in the global e-commerce market,
underlined Malaysia's success and potential in trading online with the
world.
"Our data and insights clearly show that Malaysian SMEs have a
fantastic opportunity to reach out to millions of consumers globally and
aggressively expand into overseas markets through cross-border
e-commerce," said PayPal's Country Manager for Malaysia and Philippines,
Audrey Ottevanger in a statement Wednesday.
PayPal offers convenient and secure transactions for local merchants to
sell to over 128 million active PayPal users in 193 markets worldwide.
"We welcome support from government initiatives geared at strengthening the SMEs' online presence.
"We believe there is no better time for them to capitalise on the
high-growth online export channel, especially during these tough
economic times," she added.
Computers and accessories, books and magazines and electronics were the
top online export categories for Malaysia. The top purchases on mobile
devices were software and fashion items.
According to the Malaysia External Trade Development Corporation, Malaysia's exports rose by 0.6 per cent in 2012.
With SMEs accounting for over 97.3 per cent of all businesses in
Malaysia, they form the backbone of the economy and are expected to
contribute significantly to the country's export trade flow.
-- BERNAMA
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