Teng: 12,500 new entrepreneurs expected to join Selangor CNY E-Bazaar

SHAH ALAM, Jan 26  -- The Selangor state government is expecting 25,000 micro, small and medium enterprises (MSMEs), including 12,500 new sellers, to join the Selangor Chinese New Year E-Bazaar from Feb 1 to March 7, 2021.

Selangor’s state executive councillor for investment, industry and commerce and SMEs Datuk Teng Chang Khim said in conjunction with the campaign, the state government will subsidise RM2 million in the form of vouchers for purchases on e-commerce shopping platforms Shopee and Lazada.

He said the campaign will provide a safe online platform for consumers to buy various goods at reasonable prices, just like the previous Selangor E-Bazaars.

"This campaign also aims to help SMEs and micro-businesses digitalise their businesses to continue to survive in the challenging economic situation caused by the COVID-19 pandemic," he said during the virtual press conference on the Chinese New Year E-Bazaar today.

Teng said Selangor entrepreneurs who are interested in participating in the campaign can register at www.sitec.com.my or via the Lazada or Shopee portal.

He also said the success of the two Selangor E-Bazaar campaigns last year proves that the state government's digital economy agenda is helping traders generate more income online.

"Through the previous two Selangor E-Bazaar campaigns, SMEs produced a ripple effect of RM1.39 billion through direct sales of RM43.76 million,” he said.

The Selangor Chinese New Year E-Bazaar will be coordinated by Invest Selangor Bhd and Selangor Information Technology and Digital Economy Corporation Sdn Bhd.

-- BERNAMA