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Malaysian govt to open more KKR1M textile stores
Aug '12
Malaysian Government, which recently unveiled an 1Malaysia People’s Textile Store (Kedai Kain Rakyat 1 Malaysia or KKR1M) offering a wide range of high quality apparels and textiles at prices below the market prices, plans to open 30 more such stores across the country by end of 2014.
The launch of the new outlet at Hulu Langat, a district located in the southeast corridor of the Klang Valley of Malaysia, met overwhelming response from public, and drew visitors from all corners of the Valley, with a lot many of them expressing hope to soon have one such outlet in the vicinity of their homes.
Prime Minister Datuk Seri Najib Tun Razak, who inaugurated the new outlet, said he could assure that items available at the KKR1M store cost much less as compared to the market price, as the prices of all commodities are reviewed by the Trade, Cooperatives and Con¬sumerism Ministry.
For instance, jacquard cloth, which is sold at an average price of RM 35 per metre in open market, costs RM 15 per metre in KKR1M store. Similarly, linen shirts, which cost RM 79 in regular retail outlets, are offered at RM 45.
The KKR1M store also sells other fabric and apparel items like school uniforms, curtains and prayer attire for Muslims, Mr. Najib said.
He said the KKR1M store is just another initiative under the Cost of Living – National Key Result Area (NKRA) aimed at helping the people to reduce their cost of living in the wake of soaring living expenses.

Fibre2fashion News Desk - India

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