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Exploring the Trade Potential of the DFTZ for Malaysian SMEs by Tham, Siew Yean ;Kam, Jia Yi Andrew is a nonfiction available to read on EtoBox.

What is Exploring the Trade Potential of the DFTZ for Malaysian SMEs about?

Malaysia established the Digital Free Trade Zone (DFTZ) to facilitate the development of e-commerce and the country’s small and medium enterprises’ (SMEs’) exports. The data revealed thus far indicates an increasing number of SMEs coming on board the DFTZ e-commerce platforms. The publicly disclosed data focus on the value of exports achieved but do not show whether these are from new or existing exporters or whether they are re-exports. They also do not highlight Malaysia’s imports through the zone. The overall trend signals that Malaysia is losing its bilateral revealed comparative advantage in exports to China, as well as an increasing use of imports for exporting to China. While the DFTZ facilitates both exports and imports, differing standards and customs processes in different export destinations, including China, will require Malaysian SMEs to know and understand the standards and customs processes governing imports in each export destination involved. Imports are also encouraged by the de minimis rule, which allows duty- and tax-free imports of up to RM800 into Malaysia. Overall, imports can help enhance the competitiveness of Malaysian SMEs, expand choices for Malaysian co

Who reads Exploring the Trade Potential of the DFTZ for Malaysian SMEs?

Author

Tham, Siew Yean ;Kam, Jia Yi Andrew

Publisher

ISEAS–Yusof Ishak Institute Singapore

Published

2019

Language

EN

ISBN

9789814843447

Category

nonfiction