Alibaba Group founder Jack Ma has praised Malaysia for being the first country to implement a digital free trade zone (DFTZ) that focuses specifically on small and medium enterprises (SMEs).

“So many countries say they want to do something for small businesses.

“Malaysia is the country that made the first move to actually make this happen.

“We’ve been shouting everywhere that every government should do it, and this is the first hub designed only for small businesses to export and import,” Ma said during the live launch of the DFTZ at the Sepang International Circuit today...