BERNAMA – 10 FEBRUARY 2011, THURSDAY
Retailers Awaiting More Concrete Plans To Reap Benefits From ETP
PETALING JAYA, Feb 9 (Bernama) -- Malaysian Retailer-Chains Association's (MRCA) members are waiting for more concrete plans by the government on the Economic Transformation Plan (ETP), especially in the wholesale, retail and tourism sectors.
Its secretary general, Valerie Choo, said the association hoped the government would announce plans to enable the retailers to participate in some of the projects under ETP.
"The spin-off under the ETP will boost consumer spending and encourage businesses to expand but the impact of the projects will take time.
"We are eager to participate but will wait for the announcements," she told Bernama at MRCA Chinese New Year Banquet 2011 here Wednesday.
She said MRCA's members were willing to expand and invest locally and hoped the government address the issue on the lack of skilled workers in the industry.
Choo said although the economy would grow at slower pace this year, the retail sector was expected to record five-six per cent growth as most of the players were optimistic of the government's efforts under the ETP.
"This year would be the year for MRCA's members to refocus so that they can reap the benefits from ETP," she said.
-- BERNAMA
Its secretary general, Valerie Choo, said the association hoped the government would announce plans to enable the retailers to participate in some of the projects under ETP.
"The spin-off under the ETP will boost consumer spending and encourage businesses to expand but the impact of the projects will take time.
"We are eager to participate but will wait for the announcements," she told Bernama at MRCA Chinese New Year Banquet 2011 here Wednesday.
She said MRCA's members were willing to expand and invest locally and hoped the government address the issue on the lack of skilled workers in the industry.
Choo said although the economy would grow at slower pace this year, the retail sector was expected to record five-six per cent growth as most of the players were optimistic of the government's efforts under the ETP.
"This year would be the year for MRCA's members to refocus so that they can reap the benefits from ETP," she said.
-- BERNAMA
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