News & Reviews:   monthly spending online shopping

It is estimated that Malaysians spent a staggering RM707.9 billion via e-commerce platforms in 2024, equivalent to 36.7% of our country’s gross domestic product (GDP). This is according to Dr Mohd Afzanizam Abdul Rashid, the Chief Economist of Bank Muamalat Malaysia Berhad, as estimated by the latest data from the Department of Statistics Malaysia (DOSM).