Review of commission fees for e-commerce platforms in Malaysia

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Review of commission fees for e-commerce platforms in Malaysia
Dewan RakyatArmizan AliShopee
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MANILA: A Philippine preacher accused of sexually abusing his followers spoke out on Wednesday (Oct 23) for the first time since being indicted for trafficking and other criminal charges, denying new allegations of wrongdoing on top of existing charges.

KUALA LUMPUR: The review of commission fees charged by e-commerce platforms such as Shopee , Lazada , and TikTok will be completed within the next six months, says Datuk Armizan Mohd Ali.

"The e-commerce sector in Malaysia has demonstrated immense potential, contributing 13% to the nation's gross domestic product, amounting to RM207bil in 2021. The sector also saw a significant increase in income, rising to RM1.09bil in 2022, a 6% increase compared to RM1.03bil in 2021," he said in a written reply to Young Syefura Othman in the Dewan Rakyat on Thursday .

However, several issues have arisen due to the rapid growth of the sector, necessitating a review to update existing laws to reflect current realities. This, he added, would ensure the sustainable growth of the sector while also protecting consumer interests. Armizan indicated that the review was initiated by the ministry in April this year and is expected to be finalised by March next year.

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Dewan Rakyat Armizan Ali Shopee Lazada Tiktok Commission Fees

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