Alibaba announced plans on September 2 to increase its investment in Malaysia, introducing several initiatives to support the development of small and medium-sized enterprises. The company will also use its KEL Award to facilitate exchanges among top suppliers in South Asia and Southeast Asia. Malaysia’s B2B e-commerce market holds significant potential, and Alibaba has implemented a series of online and offline training programs to help SMEs leverage e-commerce platforms. Malaysia’s strategic location and favorable business environment have solidified its important role in the Southeast Asian e-commerce sector, with exports increasing by 12.3% to 131.15 billion ringgit ($28.3 billion) in the first seven months of this year, resulting in a trade surplus of 6.42 billion ringgit ($1.4 billion).