A special task force is conducting a review to pave the way for a new licensing mechanism, with existing regulations to be amended.

Deputy Domestic Trade and Consumer Affairs Minister, Dato’ Rosol Wahid, who disclosed this, said the ministry was mulling a special licence for online businesses to protect consumers from scams.

“Online business and digital transactions are becoming a trend. It is important to ensure digital transactions and online businesses on platforms such as marketplace, social media, websites and shopping apps are conducive and safe besides being user-friendly.

"We also plan to amend existing regulations to allow for the new licensing mechanism," he told The Star.

Read more on The Star’s article attached.