Kedai Rakyat will hit small shops, says ACCCIM

KUALA LUMPUR, Sept 12 Almost three-quarters of Chinese businesses believe that a Najib administrations Kedai Rakyat 1 Malaysia initiative will have an adverse impact on tiny retailers, a recent consult has shown.

According to an Associated Chinese Chambers of Commerce as good as Industry of Malaysia (ACCCIM) survey, 70 per cent of businesses expected existent retailers to humour given a publicity as good as cost value enjoyed by 1 Malaysia shops.

File print of a Kedai Rakyat outlet.

With such cost differentials, it is not formidable for any celebration to visualize a adverse outcome this would bring to a livelihoods as good as future operational capability of tiny retailers or sundry shops.

As it is, their businesses have been already influenced by a vast hypermarkets as good as supermarkets, as good as this would be an added blow to them, a consult inform said.

Prime Minister Datuk Seri Najib Razak launched a initial of most Kedai Rakyat 1 Malaysia thrift shops during a Kelana Jaya LRT station in Petaling Jaya in June in response to taking flight inflation, that strike a two-year tall of 3.5 per cent that same month.

There have been right away 3 such shops in a Klang Valley.

The shops, operated by hypermarket hulk Mydin, offer 250 generic products similar to rice, oil, flour, bread, eggs, divert powder as good as diapers, during prices 30 to 40 per cent reduce than marketplace rates, as good as branded goods.

Najib said some-more Kedai Rakyat 1 Malaysia will be set up in alternative locations similar to a 1 Malaysia clinics his administration has determined in states similar to Sabah as good as Sarawak.