Sunday, August 1, 2010

Must register as Business entities for any Online Business in Malaysia

GEORGE TOWN: The Malaysian Communications and Multimedia Commission (MCMC) has taken legal action against 400 local online e-bu-siness operators in the last two years for not registering as business entities.

Malaysia Business Ethics Institute (MBEI) chairman Dr Zainal Abidin Abdul Majid, said most of the operators were charged under Section 12(1)(a) of the Business Registration Act where they face up to 12 years in jail or a fine of up to RM50,000. He said this yesterday after atten-ding a business ethics dialogue which was launched by Deputy Domestic Trade, Cooperative and Consumerism Minister Datuk Rohani Abd Karim here. Dr Zainal said the MBEI advised online site operators to upload their code of ethics onto their respective websites.

“Nowadays, in the globalised age, e-business is growing rapidly but at the same time, site operators must also promote strong business ethics to attract customers,” he added. Earlier, Rohani urged more people to use the consumer tribunals to settle disputes about contracts with telecommunication, Internet and television service providers.

It is learnt that many consumers are unhappy after signing long-term agreements with the service providers as a result of the poor connections.

Source: The Star Online




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