All quotes to be attributed to Terence Pang, Chief Operating Officer at Shopee
Shopee is encouraged by the recent Budget 2022 announcement by Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz. This includes continued efforts to further Malaysia’s digital economy such as encouraging e-wallet as a method of payment and also e-commerce as a platform for micro, small and medium enterprises (MSMEs) to embrace digitisation through Government support on programmes, such as the introduction of eStart, as well as the continuation of the Go-eCommerce Onboarding and Shop Malaysia Online campaigns next year.
Witnessing the success of the ongoing 2021 Go-eCommerce Onboarding programme on Shopee, which has already exceeded our initial target of assisting 60,000 MSMEs, we are confident that the allocation of RM250 million to continue this programme will further generate economic growth for the nation.
We are heartened by the Government’s continued support for the digitisation of our youths through the eStart programme, allocating a total of RM300 million to benefit two million youths next year. The eBelia programme on Shopee this year has helped manage the cost of living for more than one million Malaysian youths as they were seen to be utilising the benefits to purchase essentials such as groceries, health supplements and study materials.
We will continue to empower local businesses and communities under our #ShopeeSapotLokal umbrella, and at the same time contribute to the Government’s goals in reinvigorating the nation’s economy, as we work together in making Malaysia a digital hub in the region through public private partnerships and meaningful initiatives.
