The TikTok logo is seen on the screen of a smartphone in this photo illustration. — Picture by Yusof Mat Isa (New users only) It's tax relief season! Get up to RM300 when you save with Versa! Plus, enjoy an additional FREE RM10 when you sign up using code VERSAMM10 with a min. cash-in of RM100 today. T&Cs apply. Tuesday, 16 Jun 2026 1:53 PM MYT KUALA LUMPUR, June 16 — Platforms that foster innovation, inclusion, and sustainable growth, such as TikTok, support Malaysia’s efforts in building a digitally driven society, said the Malaysia Digital Economy Corporation (MDEC).MDEC chief executive officer Anuar Fariz Fadzil said with an estimated contribution of one per cent to Malaysia’s nominal gross domestic product (GDP) and four per cent to the digital economy, TikTok’s presence in the local digital landscape is significant.“This underscores the growing importance of platforms such as TikTok Shop, and how the digital world of commerce has reshaped the way Malaysians socialise, discover, and buy products.“This evolution expands access, lowers barriers to entry, and enables businesses of all sizes to reach markets that were once beyond their grasp,” he stated in TikTok’s Malaysia Socioeconomic Impact Report 2025.Anuar Fariz said the shift goes beyond e-commerce growth, reflecting a deeper form of digital empowerment where trust, storytelling and engagement translate attention into economic opportunity.Commenting on the report, he said it highlights tangible outcomes of TikTok’s comprehensive ecosystem in Malaysia, including support for 147,000 jobs, activation of over one million local businesses and digital skills training for more than 100,000 micro, small and medium enterprises (MSMEs) through TikTok’s collaborations with agencies such as MDEC.“These outcomes translate into real income, earned regularly, and flowing directly into the pockets of Malaysians,” he said.He said digital empowerment is not only about growth, but also about ensuring Malaysia achieves sustainable development alongside fair and equitable distribution across income groups, ethnicities, regions and supply chains.“As Malaysia continues its digital journey, empirical research and data such as those presented in this report play an important role in informing policy, shaping industry practices, and strengthening public understanding.The opportunities within the digital economy are substantial, but their true value lies in how they contribute to Malaysia’s long-term aspiration of building an AI Nation.“I commend TikTok for the meaningful effort in advancing digital empowerment. Through continued partnership between government, industry, and the wider community, we can build a digital economy that translates opportunity into real outcomes for the rakyat,” he said. — Bernama