Trade & Consumer

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Malaysia


26 July - 1 August 2008


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31 July 2008

Foreign hypermarts may get to open smaller stores

 

 

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31 July 2008

Foreign hypermarts may get to open smaller stores

Foreign retailers would be allowed to open outlets slightly larger than convenience stores across Malaysia without being subjected to rules that govern hypermarkets. The franchise proposal would be submitted to Cabinet for consideration next month, Shahrir said. Wal-Mart Stores Inc, the world's biggest retailer, and Germany's Metro AG have applied to open stores in Malaysia, Shafie Apdal, the Minister's predecessor, said in October. Shahrir said he wasn't aware of the applications.  [The Star]

http://biz.thestar.com.my/news/story.asp?file=/2008/7/31/business/21966250&sec=business

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