KUALA LUMPUR: Juwai IQI's latest survey on COVID-19 has found that 57 per cent of Malaysians are shopping online more than they ever did pre-pandemic, leading to an unprecedented boom for online shopping in the country.
In a statement today, Juwai IQI Group co-founder and chief executive officer, Kashif Ansari said that Lazada Malaysia reported a 300 per cent increase in the number of new online sellers.
"Bank Negara Malaysia said that online retail sales have nearly doubled during the pandemic, and our data shows that more consumers are spending more online today than just over a year ago," he said.
He said that the online shopping boom coincides with the rapid acceleration of other parts of the economy, resulting in a surge of cashless payments, super app usage and mobile Internet penetration.
"Retailers and producers are ramping up their online presence so they can successfully sell to consumers who are increasingly buying via their mobile phone rather than in person.
"It's happening in real estate, which used to be considered the most off-line of industries. Buyers can now complete almost the entire transaction without ever leaving their own home," he added.
Kashif said the survey also found that 68 per cent of Malaysians want to go back to working at the office or some other workplace at least two days a week, post-pandemic.
"Some office workers have discovered they can sometimes get more done and have greater job satisfaction working from home, but it's not for everyone. Only 27 per cent of people want to work from home full time.
"The new work-from-home phenomenon during the lockdowns has changed the sort of home that house buyers look for, as buyers are looking for bigger spaces, separate work nooks or home offices and extra bedrooms when they can afford them," he said.
Despite the current troubles, Kashif said 71 per cent of Malaysians believe that life in the country will be back to the pre-pandemic normal by the end of 2022.
"Not everyone is so optimistic. A total of 17 per cent of respondents only expect us to be back to normal sometime in 2023. Smaller numbers predict normalcy will return later than 2023," he said.
-- BERNAMA
Bernama
Mon Jun 07 2021

Juwai IQI's latest survey on COVID-19 has found that 57 per cent of Malaysians are shopping online more than they ever did pre-pandemic, leading to an unprecedented boom for online shopping in the country. - Astro AWANIpic

Donald Trump Jr says on running for president: 'that calling is there'
Don Jr hints at a future run, influences GOP politics, and faces scrutiny over Trump family business ties in the Gulf region.

US states mount court challenge to Trump's tariffs
States sue Trump over tariffs, citing abuse of emergency powers as legal and economic concerns grow.

UK suspends trade talks with Israel over new Gaza offensive
UK halts trade talks with Israel over Gaza offensive, condemns aid blockade and settler violence, warns of further action if war continues.

EU to review agreement with Israel over Gaza concerns, Kallas says
EU to review Israel ties over Gaza crisis and rights concerns as most members back move while Israel rejects criticism and defends actions.

Ringgit ends higher against greenback on concerns over US fiscal health
Ringgit strengthens as US dollar weakens due to Moodys downgrade, US fiscal risks, and capital shifts toward Asia ahead of G7 talks.

IMF's Gopinath urges US to curb fiscal deficit, FT reports
US faces trade uncertainty, growth concerns, and rising debt as Trump eyes more tax cuts amid IMF and Moody's economic warnings.

Trump Organization breaks ground on $1.5 billion golf club in Vietnam
Trump Organization expands in Vietnam with golf resort as Eric Trump explores further deals amid US-Vietnam trade negotiations.

Canada says G7 finance ministers to focus on restoring stability, growth
Canadian finance chief says tensions over US tariffs to continue.

Ukraine pitches tougher Russia sanctions plan to EU as US wavers
Ukraine urges EU to toughen sanctions on Russia as US support wavers, pushing Europe to lead amid fears of weakened global pressure.

EU to impose flat tax on small items ordered online, FT reports
EU proposes about 2 euro handling fee on home imports amid customs overload and China urges fair and transparent trade practices.

China 'seriously concerned' over US Golden Dome defence system
China warns US to scrap its US$175 bln Golden Dome missile shield, calling it a threat to global stability and trigger for an arms race.

EU, Britain go ahead with new Russia sanctions without waiting for Trump
UK and EU impose new sanctions on Russia's oil fleet as they urge US to act while peace talks stall.

US trade panel's vote paves way for stiff tariffs on many solar imports
US approves tariffs on solar imports from SE Asia, aiming to curb unfair trade but sparking debate over impact on US solar industry costs.

Mexico's US auto exports to benefit from tariff discounts, minister says
Mexico, under USMCA, can reduce Trump's 25 pct car tariff by proving US parts content, easing the hit on auto exports to the US.

Under attack by Trump, South Africa's Ramaphosa responds with trade deal offer
Trump cuts aid to South Africa over land reform as Ramaphosa visits the US to mend ties, pitch trade deals and defend equity laws

South Korea vows more support measures over US tariffs, including for drugmakers
South Korea seeks exemptions through trade talks with US.

Trump selects $175 billion Golden Dome defense shield design, appoints leader
Trumps Golden Dome aims to build a costly satellite missile defense system, but faces funding, political hurdles and timeline uncertainties.

What's in the EU's new Russia sanctions
EU countries also adopted three other sets of measures to tackle chemical weapons, human rights abuses and hybrid threats.
![[COLUMNIST] ASEAN's next 20 years: What to expect from the ACV2045 Vision [COLUMNIST] ASEAN's next 20 years: What to expect from the ACV2045 Vision](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2025-01/41736668298_ASEAN.jpg)
[COLUMNIST] ASEAN's next 20 years: What to expect from the ACV2045 Vision
Malaysia leads ASEAN amid global challenges, advancing Vision 2045 to unify members for peace, growth, and regional resilience.

Nvidia says US export controls on AI chips to China were 'a failure'
Nvidia says the US AI chip ban on China failed, as China boosts local tech and Beijing warns of countermeasures over US restrictions.