KUALA LUMPUR: Jack Ma (pic) is impressed by the speed in which the Malaysia's Digital Free Trade Zone (DFTZ) was set up. "Malaysia is very business-friendly and much more efficient than I thought," said the Alibaba Group founder and executive chairman. "Without Malaysia, the Silk Road would not have been as successful as Malaysia's tin protected the quality of Chinese tea in the 18th century. At the launch of the DFTZ, the Alibaba Group and its affiliates exchanged memorandums of understanding with Malaysia Digital Economy Corporation (MDEC), Malaysia Airports Holdings Bhd, CIMB and Maybank. Ma is scheduled to speak at the Global Transformation Forum 2017 later on Thursday.

Source: The Star March 22, 2017 10:30 UTC