Strong regulations can help Asean reap potential digital economy value - Zafrul

A strong and unified regulatory regime can help Asean reap its potential digital economy value, which is expected to reach US$1-2 trillion by 2030, up from US$300 million (about RM1.4 billion) currently, said Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz.

He said the rapid growth of e-commerce and availability of digital platforms such as social networks, and e-commerce marketplaces are an opportunity for small and medium-sized enterprises (SMEs) in Asean to...