Malaysia’s infrastructure to boost B2C E-Commerce growth
The latest publication of Hamburg-based secondary research organization yStats.com, “Malaysia B2C E-Commerce Market 2014“, reports that Malaysia has one of the best developed infrastructures for B2C E-Commerce in South East Asia. Internet penetration, supported by government programs, is the second highest in the region, and its logistics system is among the 30 best performing in the world. Consumers in Malaysia are well equipped with bank cards and other means to pay for online purchases. Though online retail in Malaysia still accounts for less than 1% of total retail sales, Malaysia is ranked in the top 30 markets worldwide for its B2C E-Commerce potential.