Retail in Asia

In Markets

Malaysia gives help to struggling corner shops

There are some 50,000 of small retail shops across Malaysia, according to the Malaysian government. Officials say many of them are in danger of closing.

The government is looking to boost consumer spending in the coming decade, as US and European demand for Malaysia’s cheap exports start to wane.

That is why it has launched a new programme to help small retailers compete.
 

(Source: BBC News)