Malaysia To Finalise E-Commerce Law Review By August, Minister Says
Launched in April 2023, the comprehensive review targets key laws such as the Consumer Protection Act 1999 and the Electronic Commerce Act 2006, aiming to make them more responsive to today's digital landscape.
'Our goal is to finalise the review by year-end, including obtaining Cabinet approval on whether to amend existing laws or introduce a new legal framework that is comprehensive and future-ready,' said Armizan.
The initiative also benchmarks Malaysian legislation against international practices and addresses current gaps, especially the lack of direct regulation for platform operators and online sellers. While a licensing regime has not yet been decided, Armizan stressed the importance of balancing regulation with business growth.
'We want to ensure that any legal reforms support, not hinder, the continued expansion of Malaysia's e-commerce sector,' he added.
A townhall session with industry stakeholders will be held on July 17 to gather further input. To date, 63 public and private sector entities have participated in consultations, supported by nationwide surveys.
The urgency of the review is underscored by the sector's rapid growth, with Malaysia's e-commerce revenue projected to hit RM1.65 trillion in 2025, reinforcing its importance as a key economic driver. Related
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