Malaysian consumers’ search for goods has rose by 32 per cent on the Shopee e-commerce platform due to Chinese New Year festive period.
Shopee Malaysia regional managing director Ian Ho added that the spike in the number of searches indicated the trend of consumers opting to shop online for their festive necessities.
Malaysia’s exports of rubber gloves in 2017 has hit an all-time high, benefitting from the synchronised recovery in global growth and demand.
For the year 2017, exports grew at a robust pace of 19.4 per cent year-on-year (Y-O-Y) to RM15.9 billion compared with RM13.3 billion in the year 2016.
Forty-three members of World Trade Organisation (WTO) lauded Malaysia on its impressive achievement, prudent trade and economic policies during the recent two-day 7th Trade Policy Review (TPR) of this country.
The exercise which took place in Switzerland is done every four years and is mandated by the WTO agreement to ensure transparency of trade policies and measures.