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Distributive trade in Malaysia: Emerging trends & challenges


Jaafar, Ahmad Sobri (2007) Distributive trade in Malaysia: Emerging trends & challenges. In: International Economic Conference on Trade and Industry (IECTI) 2007, 3 - 5 December 2007, Bayview Hotel Georgetown, Penang. (Unpublished)

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Abstract

Distributive trade is an important sub-sector of domestic trade. It is the third biggest contributor to GDP in 2005 and the second largest in terms of employment after manufacturing. Key drivers for growth in Malaysian distributive industry in particular retailing are increasing incomes and affluence, urbanization, changing consumer lifestyle and increased market liberalization. It is anticipated that retail trade will continue to be an important economic activity in the country in the future. The Malaysian distributive trade in particular retailing is confronting with increase competition with more players and expansion of foreign firms. To address this challenge the domestic distributive sector need to enhance it competitiveness. Local retailers and wholesalers must undertake efforts to strengthen their capacity and capability to respond to changes in the general tastes and preferences of consumers as well as increased competition in the marketplace. In terms of the government, effective measures need to be undertaken to strengthen the appropriate policy and legal framework to promote a competitive, efficient and dynamic domestic trade sector.

Item Type: Conference or Workshop Item (Paper)
Additional Information: Organized by Faculty of Economics, Universiti Utara Malaysia
Uncontrolled Keywords: distributive trade, wholesale trade, retail trade, hypermarkets
Subjects: H Social Sciences > HC Economic History and Conditions
Divisions: College of Arts and Sciences
Depositing User: Mrs. Juwita Johari
Date Deposited: 14 Feb 2011 08:06
Last Modified: 14 Feb 2011 08:18
URI: http://repo.uum.edu.my/id/eprint/2338

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