Malaysiakini NEWS

Najib: Jack Ma gave 'alibaba' a positive twist

Alyaa Azhar  |  Published:  |  Modified:

Prime Minister Najib Abdul Razak praised Chinese tycoon Jack Ma for his commitment towards Malaysia's digital economy and also praised him for giving a positive meaning to the Malay word "alibaba".

Speaking at the launch of Malaysia's digital free trade zone (DFTZ) in Kuala Lumpur, Najib said the word "alibaba" referred to rent-seeking in Malaysia but Ma had changed this through the success of online trading giant Alibaba Group which the latter founded.

"Alibaba is not considered a thief in the Malaysian context, it's considered a rent seeker... just takes commission...

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