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KUALA LUMPUR: Malaysian companies must invest in branding to meet international standards as part of moving up the value chain to ensure their profitability and survival amid intensifying competition in global market, said Domestic Trade, Cooperative and Consumerism Minister, Datuk Seri Ismail Sabri Yaakob.
KUALA LUMPUR: The Domestic Trade, Co-operatives and Consumerism Ministry expects the franchise industry to make up 9.4% of the country’s gross domestic products (GDP) by 2020 from 2.2% in 2010, to be supported by four strategic thrusts identified in the newly launched National Franchise Development Blueprint 2012-2016 (NFDB).
TOKYO: Cosway Corporation Ltd plans to introduce a 3-in-1 concept at Cosway shops throughout Malaysia beginning next month with an investment of RM10 million.
JAKARTA: The Government hopes more local franchisors will grab business opportunities in Indonesia, which offers a bigger market for the franchise business.
PETALING JAYA: The meeting scheduled yesterday between the Malaysian Automotive Association, various automotive stakeholders and the Domestic Trade, Cooperatives and Consumerism Ministry to 'iron out' issues regarding the controversial amendments to the Hire Purchase Act 1967 (HPA) has
KUALA LUMPUR: Six strategic reforms initiatives (SRIs)announced today, which includes the Public Finance SRI, aims to create RM13 billion in fiscal space and complete the framework for the Economic Transformation Programme (ETP).